IPOs https://www.benzinga.com/views/taxonomy/term/34991 en TikTok's Smaller US Rival Files For IPO https://www.benzinga.com/news/22/07/27928510/tiktoks-smaller-us-rival-files-for-ipo <ul> <li>Short video app&nbsp;<strong>Triller Inc</strong>&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/22/06/g27922164/triller-inc-announces-confidential-submission-of-draft-registration-statement-for-proposed-listing" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">has confidentially filed</a>&nbsp;for an initial public offering with the U.S. SEC.</li> <li>Recently, Triller&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/22/06/g27692033/seachange-and-triller-mutually-agree-to-terminate-proposed-merger" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">terminated its&nbsp;</a>merger with video advertising software provider&nbsp;<strong>SeaChange International, Inc</strong>&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seac#NASDAQ">SEAC</a>) when it shared plans to pursue an IPO with a potential listing&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/22/06/g27702328/triller-announces-plan-for-direct-listing-through-an-initial-public-offering-ipo" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; ...</li></ul><p><a href=https://www.benzinga.com/news/22/07/27928510/tiktoks-smaller-us-rival-files-for-ipo alt=TikTok&#039;s Smaller US Rival Files For IPO>Full story available on Benzinga.com</a></p> AAPL Briefs FPX GOOG GOOGL IPO META News Penny Stocks SEAC IPOs Tech FPX US3369201039 AAPL US0378331005 GOOG US38259P7069 SEAC US8116991071 GOOGL US38259P5089 IPO META News Penny Stocks IPOs Tech Benzinga Fri, 01 Jul 2022 11:01:45 +0000 Anusuya Lahiri 27928510 at https://www.benzinga.com Akerna Corp. Announces Pricing of $10 Million Public Offering https://www.benzinga.com/pressreleases/22/06/g27915316/akerna-corp-announces-pricing-of-10-million-public-offering <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">DENVER, June 30, 2022 (GLOBE NEWSWIRE) -- Akerna Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KERN#NASDAQ" rel="nofollow">KERN</a>) ("Akerna" or the "Company"), a leading enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced the pricing of an underwritten public offering of (i) 29,382,861 units of the Company consisting of 29,382,861 shares of common stock together with common stock warrants (the "common warrants") to purchase up to 29,382,861 shares of common stock and (ii) 14,095,400 pre-funded units, consisting of 14,095,400 pre-funded warrants, with each pre-funded warrant exercisable for one share of common stock, together with common warrants to purchase up to 14,095,400 shares of common stock. The units are being sold at a public offering price of $0.23 per unit and the pre-funded units are being sold at a public offering price of $0.2299 per pre-funded unit. The pre-funded warrants will be immediately exercisable at a nominal exercise price of $0.0001 or on a cashless basis and may be exercised at any time until all of the pre-funded warrants are exercised in full. The common warrants will have an exercise price of $0.23 per share subject to certain adjustments, will be immediately exercisable and will expire five years from the date of issuance. Additionally, the Company has granted the underwriters a 45-day option to purchase up to (i) an additional 6,521,739 shares of common stock and/or (ii) 6,521,739 common warrants and/or (iii) 6,521,739 pre-funded warrants to cover over-allotments, if any, with the total over-allotments not to exceed 13,043,478 shares, including the common stock underlying the common warrants ...</p><p><a href=https://www.benzinga.com/pressreleases/22/06/g27915316/akerna-corp-announces-pricing-of-10-million-public-offering alt=Akerna Corp. Announces Pricing of $10 Million Public Offering>Full story available on Benzinga.com</a></p> KERN KERNW News IPOs Press Releases Thu, 30 Jun 2022 12:30:00 +0000 Globe Newswire 27915316 at https://www.benzinga.com Ivanhoe Electric Inc Stock Down 8.09% Since IPO https://www.benzinga.com/news/ipos/22/06/27908567/ivanhoe-electric-inc-stock-down-8-09-since-ipo <p><strong>Ivanhoe Electric Inc</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IE#TSX">IE</a>) opened up its shares for public trading for the first time since it filed for IPO in May 2022. The company agreed to initially offer 14.39 million shares to the public at a $11.75 per share. On its first day of trading, the stock fell 8.09% from its opening price of $11.75 to its closing price of $10.80.</p> <h3>Ivanhoe Electric Inc Performance On First Day of Trading</h3> <p><img alt="ipo_chart" src="https://cdn.benzinga.com/files/images/story/2022/1656534612_0.png" /></p> <h3>About Ivanhoe Electric Inc and It&#39;s IPO</h3> <p>Ivanhoe ...</p><p><a href=https://www.benzinga.com/news/ipos/22/06/27908567/ivanhoe-electric-inc-stock-down-8-09-since-ipo alt=Ivanhoe Electric Inc Stock Down 8.09% Since IPO>Full story available on Benzinga.com</a></p> BZI-IPORecap IE IPOs IE IPOs Benzinga Wed, 29 Jun 2022 21:59:53 +0000 Benzinga Insights 27908567 at https://www.benzinga.com X1 Esports & Entertainment Completes IPO, Will Commence Trading on the Canadian Securities Exchange Under The Symbol "XONE" https://www.benzinga.com/pressreleases/22/06/g27908717/x1-esports-entertainment-completes-ipo-will-commence-trading-on-the-canadian-securities-exchange-u <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="center"><em>NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.</em></p> <p align="justify">VANCOUVER, British Columbia, June 29, 2022 (GLOBE NEWSWIRE) -- X1 Esports &amp; Entertainment (CSE:<a class="ticker" href="https://www.benzinga.com/stock/XONE#CSE" rel="nofollow">XONE</a>) ("<strong>X1</strong>" or the "<strong>Company</strong>"), a games &amp; media portfolio company is pleased to announce that its shares will begin trading on June 30, 2022 on the Canadian Securities Exchange (the "<strong>Exchange</strong>"). X1 will trade under the stock ticker symbol "XONE".</p> <p align="justify">"We could not be more proud of our organization in reaching this milestone of listing on the Canadian Securities Exchange," said <strong>X1 Chief Executive Officer Mark Elfenbein</strong>. "In addition to our existing assets, there is a great opportunity to acquire companies within the games and creator economy markets that we believe can benefit tremendously from being a part of the X1 ecosystem."</p> <p align="justify">The Company has completed its initial public offering (the "<strong>Offering</strong>") for aggregate gross proceeds of $3,111,669, consisting of the sale of 6,914,820 units ...</p><p><a href=https://www.benzinga.com/pressreleases/22/06/g27908717/x1-esports-entertainment-completes-ipo-will-commence-trading-on-the-canadian-securities-exchange-u alt=X1 Esports &amp; Entertainment Completes IPO, Will Commence Trading on the Canadian Securities Exchange Under The Symbol &quot;XONE&quot;>Full story available on Benzinga.com</a></p> CSE:XONE News IPOs Press Releases Wed, 29 Jun 2022 20:38:43 +0000 Globe Newswire 27908717 at https://www.benzinga.com Volkswagen CFO Reasons Why It Seeks To Pursue Porsche IPO Amid Market Volatility https://www.benzinga.com/news/22/06/27896709/volkswagen-cfo-reasons-why-it-seeks-to-pursue-porsche-ipo-amid-market-volatility <ul> <li><strong>Volkswagen AG&nbsp;</strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/vwagy#OTC">VWAGY</a>) continues to strive for an initial public offering (IPO) for&nbsp;<strong>Porsche</strong>&nbsp;in the fourth quarter amid market volatility,&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/markets/europe/volkswagen-still-working-q4-ipo-porsche-cfo-2022-06-29/" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Reuters reports</a>.</li> <li>&quot;We are optimistic we can pursue this project in the fourth quarter,&quot; CFO Arno Antlitz said at the Reuters Automotive Europe conference in Munich. &quot;Porsche would gain ...</li></ul><p><a href=https://www.benzinga.com/news/22/06/27896709/volkswagen-cfo-reasons-why-it-seeks-to-pursue-porsche-ipo-amid-market-volatility alt=Volkswagen CFO Reasons Why It Seeks To Pursue Porsche IPO Amid Market Volatility>Full story available on Benzinga.com</a></p> Briefs News VWAGY IPOs Tech Media VWAGY News IPOs Tech Media Benzinga Wed, 29 Jun 2022 11:33:02 +0000 Anusuya Lahiri 27896709 at https://www.benzinga.com US-Based Exploration & Development Company Ivanhoe Electric Prices Big US IPO https://www.benzinga.com/news/22/06/27878035/us-based-exploration-development-company-ivanhoe-electric-prices-biggest-us-ipo-since <ul> <li><strong>Ivanhoe Electric Inc</strong>&nbsp;has priced its initial public offering&nbsp;<a class="editor-rtfLink" href="https://www.globenewswire.com/news-release/2022/06/28/2469960/0/en/Ivanhoe-Electric-Announces-Pricing-of-Initial-Public-Offering.html" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">at $11.75 a share</a>, raising $169.1 million.</li> <li>The company&rsquo;s mining billionaire Robert Friedland sold about 14.4-million shares at the bottom of its previously guided IPO price range of&nbsp;<a class="editor-rtfLink" href="https://www.renaissancecapital.com/IPO-Center/News/93375/Mining-company-Ivanhoe-Electric-prices-IPO-at-$11.75-the-low-end-of-the-ran" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">$11.75 to $12.50</a>.</li> <li>The underwriters have an option ...</li></ul><p><a href=https://www.benzinga.com/news/22/06/27878035/us-based-exploration-development-company-ivanhoe-electric-prices-biggest-us-ipo-since alt=US-Based Exploration &amp; Development Company Ivanhoe Electric Prices Big US IPO>Full story available on Benzinga.com</a></p> Briefs IE News Financing Offerings IPOs Markets General IE News Financing Offerings IPOs Markets General Benzinga Tue, 28 Jun 2022 11:41:13 +0000 Vandana Singh 27878035 at https://www.benzinga.com Ivanhoe Electric Announces Pricing of Initial Public Offering https://www.benzinga.com/pressreleases/22/06/g27873957/ivanhoe-electric-announces-pricing-of-initial-public-offering <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="left">NEW YORK, New York, June 27, 2022 (GLOBE NEWSWIRE) -- Ivanhoe Electric Inc. ("Ivanhoe Electric"), a U.S.-based minerals exploration and development company, announced today the pricing of its initial public offering of 14,388,000 shares of its common stock at a price of US$11.75 per share. The gross proceeds from the offering are expected to be approximately US$169.1 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Ivanhoe Electric. In addition, Ivanhoe Electric has granted the underwriters a 30-day option to purchase up to an additional 2,158,200 shares of common stock at the initial public offering price, less underwriting discounts and commissions.<br /></p> <p>The shares are expected to begin trading on the NYSE American and the Toronto Stock Exchange on June 28, 2022 under the ticker symbol "IE". The offering is expected to close on June 30, 2022, subject to customary closing conditions.</p> <p>Ivanhoe Electric intends to use the net proceeds of the offering to fund certain payments to acquire or maintain its mineral and property rights to its material and key mineral properties, to further its metals exploration activities at all of its mineral properties, to construct and deploy additional sets of its Typhoon&#x2122; electrical pulse-powered geophysical surveying transmitter technology, as well as working capital and general and administrative costs.</p> <p>BMO Capital Markets and Jefferies are acting as the lead bookrunners for the offering. J.P. Morgan is acting as a joint bookrunner for the offering. Raymond James, RBC Capital Markets and Scotiabank are acting as co-managers for the offering.</p> <p>The offering is being made only by means of a ...</p><p><a href=https://www.benzinga.com/pressreleases/22/06/g27873957/ivanhoe-electric-announces-pricing-of-initial-public-offering alt=Ivanhoe Electric Announces Pricing of Initial Public Offering>Full story available on Benzinga.com</a></p> IE News TSX:IE Financing IPOs Press Releases Tue, 28 Jun 2022 02:04:47 +0000 Globe Newswire 27873957 at https://www.benzinga.com SK Growth Opportunities Corporation Announces Pricing of $200 Million Initial Public Offering https://www.benzinga.com/pressreleases/22/06/g27844330/sk-growth-opportunities-corporation-announces-pricing-of-200-million-initial-public-offering <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p>New York, June 24, 2022 (GLOBE NEWSWIRE) -- SK Growth Opportunities Corporation (the &#34;Company&#34;), a blank check company formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, priced its initial public offering of 20,000,000 units at a price of $10.00 per unit on June 23, 2022. The units will be listed on the Nasdaq Global Market (&#34;Nasdaq&#34;) and trade under the ticker symbol &#34;SKGRU&#34; beginning June 24, 2022. Each unit consists of one Class A ordinary share of the Company and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to adjustment, and only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to ...</p><p><a href=https://www.benzinga.com/pressreleases/22/06/g27844330/sk-growth-opportunities-corporation-announces-pricing-of-200-million-initial-public-offering alt=SK Growth Opportunities Corporation Announces Pricing of $200 Million Initial Public Offering>Full story available on Benzinga.com</a></p> News SKGRU IPOs Press Releases Fri, 24 Jun 2022 14:46:44 +0000 Globe Newswire 27844330 at https://www.benzinga.com Softbank's Masayoshi Son Emphasizes Chances Of US Listing For Arm https://www.benzinga.com/news/22/06/27840442/softbanks-masayoshi-son-emphasizes-chances-of-us-listing-for-arm-pending-final-outcome <ul> <li><strong>Softbank Group Corp</strong>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/sftby#OTC">SFTBY</a>) founder and CEO Masayoshi Son stressed the possibility of British-based chip designer unit&nbsp;<strong>Arm Ltd&nbsp;</strong>listing on Nasdaq pending a final decision,&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/technology/nasdaq-listing-most-likely-arm-softbanks-son-2022-06-24/" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Reuters reports</a>.</li> <li>&quot;Most of Arm&#39;s clients are based in Silicon Valley and ... stock markets in the U.S. would love to have Arm,&quot; Son told at the annual general meeting.</li> <li>Son acknowledged&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/m-a/22/02/25469777/softbank-aims-for-arm-ipo-after-nvidia-dumps-takeover-plans" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">requests for listing</a>&nbsp;Arm in London without further elaboration.&nbsp;</li> <li><strong><em>Also Read:</em></strong><em>&nbsp;</em><a class="editor-rtfLink" href="https://www.benzinga.com/news/22/06/27807357/softbank-continue-to-lose-key-official-in-quick-succession" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank"><em>Softbank Continues To Lose ...</em></a></li></ul><p><a href=https://www.benzinga.com/news/22/06/27840442/softbanks-masayoshi-son-emphasizes-chances-of-us-listing-for-arm-pending-final-outcome alt=Softbank&#039;s Masayoshi Son Emphasizes Chances Of US Listing For Arm>Full story available on Benzinga.com</a></p> BABA Briefs News NVDA QCOM SFTBY IPOs Tech Media NVDA US67066G1040 QCOM US7475251036 SFTBY BABA News IPOs Tech Media Benzinga Fri, 24 Jun 2022 11:42:15 +0000 Anusuya Lahiri 27840442 at https://www.benzinga.com Ivanhoe Electric Inc. To Start Trading Tomorrow https://www.benzinga.com/news/ipos/22/06/27828594/ivanhoe-electric-inc-to-start-trading-tomorrow <p><strong>IVANHOE ELECTRIC INC.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IE#NYSE">IE</a>) IPO will take place June, 24 on the NYSE exchange under the ticker IE.</p> <p>The company is offering shares at an expected price between $11.75 and $12.50 per share with an insider lock-up ...</p><p><a href=https://www.benzinga.com/news/ipos/22/06/27828594/ivanhoe-electric-inc-to-start-trading-tomorrow alt=Ivanhoe Electric Inc. To Start Trading Tomorrow>Full story available on Benzinga.com</a></p> BZI-IPOPreview IE IPOs IE IPOs Benzinga Thu, 23 Jun 2022 14:15:46 +0000 Benzinga Insights 27828594 at https://www.benzinga.com Alvotech Debuts on NASDAQ First North Growth Market Becoming First Dual-Listed Icelandic Company in United States and Iceland https://www.benzinga.com/pressreleases/22/06/g27820929/alvotech-debuts-on-nasdaq-first-north-growth-market-becoming-first-dual-listed-icelandic-company-i <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <ul type="disc"> <li style="margin-top:6pt;"><em>After the largest debut by an Icelandic company on a U.S. stock exchange, Alvotech is set to list its shares under the ticker symbol "ALVO" on the Nasdaq First North Growth Market in Iceland commencing on June 23.</em><br /></li> <li style="margin-top:6pt;"><em>Public listing on Nasdaq First North Growth in Iceland offers Icelandic investors exposure to a publicly traded, pure play, global company that has built an integrated platform for developing and producing biosimilars at scale.</em><br /></li> <li style="margin-top:6pt;"><em>Financing facilities expected to be available to replace the value of redemptions from the completed business combination.</em></li> </ul> <p>REYKJAVIK, Iceland, June 22, 2022 (GLOBE NEWSWIRE) -- Alvotech, a global biotech company focused solely on the development and manufacture of biosimilar medicines for patients worldwide, today announced that its ordinary shares will be admitted to trading on the Nasdaq First North Growth Market in Iceland ("Nasdaq First North") on Thursday, June 23, under the ticker symbol "ALVO". This follows the successful <a href="https://www.globenewswire.com/Tracker?data=c0q_T-LgAm8HcF6_P_HQy1LL6IQ_nRP-tolWqXUAm6hy0pFwN4id6dCqzkNS1d5g06cBZgrg0aGjf_VZ_p0kdlzuKfYE2qUr_uGxrGo3rlnju77IguQObMP0OMFYL3tBq379yPjhfpCf2xi4jJN_c1BnUuYU9ZFUHwYLR2qDHTKqLmeiwXBksD4mdOqQKqUsGawg30gGAX5ViM5JNk4isA==" rel="nofollow" target="_blank" rel="nofollow">debut</a> on the Nasdaq Stock Market, on June 16. Alvotech is expected to be the first dual-listed Icelandic company on both a United States and Icelandic stock market.</p> <p>To celebrate the public listing in Iceland, Robert Wessman, founder and Executive Chairman, will ring the closing bell for the Nasdaq First North market in Iceland at 15:30 GMT on June 23. The bell ringing ceremony will be held at Alvotech&#039;s offices in Reykjavik and will be streamed live starting at 15:20 GMT. The live stream is accessible at <a href="https://www.globenewswire.com/Tracker?data=2-ThPlkKfRNYUBZ54mkBHGVPVQvXmV9FZzNhvG4TqLaeliH0VyBnXh1xBEIu5e6o5sBNb1e3IBrXRP0uRO0tpt2oEdl1VezHT0D2v_UmiQScUHDUtVqqy5fHv3UyCe782SL0nWZBZzTpIqmaYrWB5Q==" rel="nofollow" target="_blank" rel="nofollow">https://livestream.com/luxor/alvotech22</a>.</p> <p>"It is a great pleasure to realize the first dual listing by an Icelandic company in the US and Iceland and complete this milestone only one week after the company&#039;s successful debut on Nasdaq in New York," said Mr. Wessman. "Over the past 10 years we have invested over 1 billion dollars in building a platform for integrated development and manufacturing of biosimilars at scale. This allows our amazing team to focus on meeting the growing demand from patients worldwide for vital lower-cost alternatives to higher-priced biologics."</p> <p>Alvotech&#039;s current portfolio of eight products and product candidates are aimed at treating autoimmune disorders, eye disorders, osteoporosis, respiratory disease and cancer and represent an estimated total addressable market of over US$85 billion, based on estimated peak sales of the reference products<sup>1</sup>. Alvotech&#039;s lead product, AVT02 (adalimumab), a biosimilar to Humira<sup>&#xAE;</sup>, the world&#039;s highest grossing medicine (excluding COVID-19 vaccines), has already been launched in Canada and <a href="https://www.globenewswire.com/Tracker?data=kJn0H_BrB1p7rylXY2lMAHYunr8BvPqq6tkl_dtBM91AOsKgS7RlO31WW7GIUHqMmrXVn5qC3Y8j_G_STVTdqy93bM8Ge3CQ13c1HQwTWGTDO8ABNe9-OpirC9yP2nIDZEV73H_nnmVSDe6y115C-lIlV0hrsaUjUwnZo0G8yKo=" rel="nofollow" target="_blank" rel="nofollow">Europe</a> and is <a href="https://www.globenewswire.com/Tracker?data=d_Dm9Uiu2hreHuu-BcHDFLRIo68W4hW_tl9OukW5yPLon4VWBQSNqKiy_Ud8S5Zwg8LFMg3T3QYeIwsKZUSZ1tSy4wXEpC4eLjleimVpFKiJID_HaqwrbGZ58WPW1fRSWi8VVsClT3BVei0u-0EnDadNg3lk6AEa7i7B4CBsq64=" rel="nofollow" target="_blank" rel="nofollow">expected</a> to <a href="https://www.globenewswire.com/Tracker?data=Ezv5_DsSw7AF_rrY-i-fCIYFp_w0G9P0-wCyb7JEqVVRs_Nx-nhL8aLG-9c4FX2fshBNNNiJ_ENZZyrTCIM14geNyil6zoJD1q1P3I9Lpn7XSijUVZxEMWdgCcww7HM4TtincdU6YT1rR8kCmUxFDvEdnneSKsN2Gy8RJenQZrl7Y_RH0GkpKha-roqKqc_qcMwXrtSq7luX8C0JWkvK64YzFSiJbhQ3kF3uQ4hSelY=" rel="nofollow" target="_blank" rel="nofollow">launch in the </a><a href="https://www.globenewswire.com/Tracker?data=mJUfDOmNyYcHsBwre80NOnmRUZeUJT4qywmS6_s1iRJsN1YxAl1TRuVFkEaMa1s9Ze4HUlXX7-arNSWpZBWioyqjfJelGaUNd993d_qxwAZassf9gyQRRtHeY1onX5xfK-YB3tPAfXfg57AaP70wxJ5xXjVItRxPotMr_Udn4SSGqGHyXhJHASUYlHZq3pN2r5J_WGupUAyGXImk5con_ua9IedNLZiWVbNvC_VBWHc=" rel="nofollow" target="_blank" rel="nofollow">United States</a> on July 1, 2023, subject to regulatory approval. Alvotech has also announced positive topline results for AVT04 (ustekinumab), a proposed biosimilar to Stelara<sup>&#xAE;</sup>, from both the <a href="https://www.globenewswire.com/Tracker?data=7lGBZsiisfsnZXhN0L8VLh5HtvR_TesfMza8htcfK0xvbeBzpwhfgonkMuNVXgSimY8fTm03sMhc2vg7VhbPCvSGNbZ8jq4xKY5je8UMzDWC4O1WVsv0S3p0v7MKliJcKd2FveTGqMfZw__Wdjeu8CvTyUeywK5O-A26GUqdnrN14ytreFdKwC7MDYGZHfgQFtKl1dyGTyUJkp7UL1XJvw==" rel="nofollow" target="_blank" rel="nofollow">confirmatory clinical, safety and efficacy study</a> and a <a href="https://www.globenewswire.com/Tracker?data=Qfuoe8zuCkjiIt5LMAqnPGeRX7TeCrtLMP6UQLZIheu32eIJnK0dXVCpN6aAKXcUXO44SUSNVURJwSQzfob04eAqQ5zr1qkEULuoSd8wQUOMAGtCehueNwV5A0Yvls6UweVFMyGXvutCcldLMnKpi1K65ZJQCzmwveOa-wp0txSvorq9l9LWfSzXOnpZAExN" rel="nofollow" target="_blank" rel="nofollow">pharmacokinetic (PK) study</a>.</p> <p align="left">On June 15, 2022, Alvotech <a href="https://www.globenewswire.com/Tracker?data=hXkVdhszgEep0AqDGGbXTR8zsFp0SO1M7ZQJLtJ90RCY1xwqkCys_cLCmdeRZW_er6FLtIv68lAOmXZPzJOYASxHACyqi0Cgz9RhdDg6DD5PJA3w4gyu5MHQvxYAg93GvRNdfmjo5RGWb_PqPdywM3DMrQHJffx8bz3hXpKupB_ojtZhnWXu5aA-wMny2q3Dy0MzVljZ_0eFYZNm2oI3Ym_JPkCX8EHL2qIAxCLhExk=" rel="nofollow" target="_blank" rel="nofollow">completed</a> its business combination with Oaktree Acquisition Corp. II ("OACB"), a special purpose acquisition company sponsored by an affiliate of Oaktree Capital Management, L.P. In April 2022, Alvotech <a href="https://www.globenewswire.com/Tracker?data=51I7VbfMx5GiRBAM4mUmUBuhCIGLgLhOk7p9wWI-VToYvaLs8fAT2HGU6T44yTeSdyjsXf2nBtQtW8ZHpPBN6NWlZzszXCkovFuZdYg6hkwe4sWG_y2jiI_9LHqaxEQMesBp37o4xvCO5gA5dUSYbKWbJmbx_SelUV1cCFjw_DuTF4Yw7yQdsKe9Nw9Twf-oL-uMQKYaBs0XWqLpeks-SE90MTpyn_k78XSpRJms7JE=" rel="nofollow" target="_blank" rel="nofollow">announced</a> that the company had secured a Standby Equity Purchase Agreement ("SEPA") facility from YA II PN, Ltd ("Yorkville") and signed a binding term sheet for a debt facility from Sculptor Capital Management ("Sculptor"). The two facilities are expected to provide financing to be used at the company&#039;s discretion to replace the value of redemptions by OACB shareholders. Discussions with Sculptor regarding final terms remain ongoing and are subject to receipt of all necessary approvals.</p> <p>The dual-listing transaction was supported by an <a href="https://www.globenewswire.com/Tracker?data=d150mH-jAasDv_RQktEh6qR7GpBtAIofUjM2Ehv0vuXSnwgLHJQSGo5n1m0-s3qY4SQsJZlATX0mucXEIsYY2AUBIFKI269j-JXW6bbCjXhYi-h1_GwCXwbSQZAa_FUb3vwyvEqRryfTbxVoXEcY0rTzjQ2XRNzPC2ySXATEzL0=" rel="nofollow" target="_blank" rel="nofollow">upsized PIPE</a> totaling approximately US$175 million, raised entirely as ordinary shares. Investors in the PIPE include top-tier investors from Iceland and internationally, including Suvretta Capital, Athos (the Strüngmann Family Office), CVC Capital Partners, Temasek Holdings, YAS Holdings, Farallon Capital Management, and Sculptor Capital Management, among others.</p> <p><sup>1</sup>EVALUATE Pharma</p> <p><strong>About Alvotech</strong></p> <p>Alvotech is a biotech company, founded by Robert Wessman, focused solely on the development and manufacture of biosimilar medicines for patients worldwide. ...</p><p><a href=https://www.benzinga.com/pressreleases/22/06/g27820929/alvotech-debuts-on-nasdaq-first-north-growth-market-becoming-first-dual-listed-icelandic-company-i alt=Alvotech Debuts on NASDAQ First North Growth Market Becoming First Dual-Listed Icelandic Company in United States and Iceland>Full story available on Benzinga.com</a></p> ALVO News IPOs Press Releases Wed, 22 Jun 2022 22:56:00 +0000 Globe Newswire 27820929 at https://www.benzinga.com Targa Resources Corp. Prices $1.25 Billion Offering of Senior Notes https://www.benzinga.com/pressreleases/22/06/g27819373/targa-resources-corp-prices-1-25-billion-offering-of-senior-notes <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">HOUSTON, June 22, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. ("Targa" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRGP#NYSE" rel="nofollow">TRGP</a>), announced today the pricing of an underwritten public offering (the "Offering") of $750 million aggregate principal amount of its 5.200% senior notes due 2027 (the "2027 notes") and $500 million aggregate principal amount of its 6.250% senior notes due 2052 (the "2052 notes" and, together with the 2027 notes, the "notes") at a price to the public of 99.849% and 99.773% of their face value, respectively. The Offering is expected to close on July 7, 2022, subject to customary closing conditions.<br /></p> <p align="justify">The Company expects to use the net proceeds from the Offering to fund a portion of its previously announced acquisition of all of the outstanding interests in Lucid Energy Delaware, LLC for aggregate cash consideration of approximately $3.55 billion (the "Lucid Acquisition"). The Company expects the Lucid Acquisition to close in the third quarter of 2022, subject to customary closing conditions, including regulatory approvals. There can be no assurance that the Lucid Acquisition will be completed within the time frame anticipated or at all. The closing of the Offering is not contingent on the consummation of the Lucid Acquisition. If the Company does not complete the Lucid Acquisition, it expects to use the net proceeds from this Offering for general corporate purposes, which may include, among other things, repayment of indebtedness, capital expenditures, additions to working capital, investments ...</p><p><a href=https://www.benzinga.com/pressreleases/22/06/g27819373/targa-resources-corp-prices-1-25-billion-offering-of-senior-notes alt=Targa Resources Corp. Prices $1.25 Billion Offering of Senior Notes>Full story available on Benzinga.com</a></p> News TRGP IPOs Press Releases Wed, 22 Jun 2022 20:23:49 +0000 Globe Newswire 27819373 at https://www.benzinga.com This Pre-IPO Offering Could Be The Opportunity Of A Lifetime - First Mover In The Functional Beverage Market https://www.benzinga.com/markets/22/06/27816969/this-pre-ipo-offering-could-be-the-opportunity-of-a-lifetime-first-mover-in-the-functional-beverage <p>The non-alcoholic and functional beverage market has already been growing steadily since early 2020, but recent studies show that this market is expected to explode over the next few years, reaching $1.6 trillion by 2026.</p> <p>Gen Z is drinking 20% less alcohol than millennials did at the same age and an even greater number of consumers across all age groups are becoming more health-conscious and are turning away from drinks that are high in sugar.</p> <h2><strong>The Company</strong></h2> <p>This shift in the beverage market is creating a new opportunity for innovators, and <a href="https://www.benzinga.com/go/3rd-bevco"><strong>The 3rd BEVCO</strong></a> is leading the charge with its non-alcoholic and functional beverages for the health-conscious sipper.</p> <p>3rd BEVCO has the major advantage of being the first to market in this expanding beverage category, which history has proven is the key to being established as ...</p><p><a href=https://www.benzinga.com/markets/22/06/27816969/this-pre-ipo-offering-could-be-the-opportunity-of-a-lifetime-first-mover-in-the-functional-beverage alt=This Pre-IPO Offering Could Be The Opportunity Of A Lifetime - First Mover In The Functional Beverage Market>Full story available on Benzinga.com</a></p> 3rd BEVCO Alternative investments News Partner Content IPOs Startups Markets News IPOs Startups Markets Benzinga Wed, 22 Jun 2022 17:50:16 +0000 Kevin Vandenboss 27816969 at https://www.benzinga.com Lytus Announces the Closing of Initial Public Offering https://www.benzinga.com/pressreleases/22/06/g27776308/lytus-announces-the-closing-of-initial-public-offering <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">Mumbai, India, June 17, 2022 (GLOBE NEWSWIRE) -- Lytus Technologies Holdings PTV. Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYT#NASDAQ" rel="nofollow">LYT</a>) (the "Company"), a platform technology services company with nearly 8 million users and with operations in the USA and India, today announced the closing of its initial public offering of 2,609,474 common shares at a public offering price of $4.75 per share, for gross proceeds of $12,395,000, before deducting underwriting discounts, commissions and offering expenses. In addition, the Company granted the underwriters a 45-day option to purchase up to an additional 391,421 common shares at the initial public offering price, less the underwriters&#039; discount, which option was exercised in full following the closing of the Company&#039;s initial public offering, and is expected to close on June 22, 2022.</p> <p align="justify">Spartan Capital Securities, LLC and Pacific Century Securities, LLC are acting as joint book-runners for the offering.</p> <p align="justify">The Company intends to use the net proceeds from the offering primarily for working capital and general corporate purposes, ...</p><p><a href=https://www.benzinga.com/pressreleases/22/06/g27776308/lytus-announces-the-closing-of-initial-public-offering alt=Lytus Announces the Closing of Initial Public Offering>Full story available on Benzinga.com</a></p> LYT News IPOs Press Releases Fri, 17 Jun 2022 22:43:21 +0000 Globe Newswire 27776308 at https://www.benzinga.com LYTUS TECHNOLOGIES HOLDINGS PTV. LTD. Stock Down 14.95% Since IPO https://www.benzinga.com/news/ipos/22/06/27753904/lytus-technologies-holdings-ptv-ltd-stock-down-14-95-since-ipo <p><strong>LYTUS TECHNOLOGIES HOLDINGS PTV. LTD.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYT#NASDAQ">LYT</a>) opened up its shares for public trading for the first time since it filed for IPO in April 2021. The company agreed to initially offer 2.61 million shares to the public at a $4.75 per share. On its first day of trading, the stock fell 14.95% from its opening price of $20.0 to its closing price of $17.01.</p> <h3>LYTUS TECHNOLOGIES HOLDINGS PTV. LTD. Performance On First Day of Trading</h3> <p><img src="https://cdn.benzinga.com/files/images/story/2022/1655411420_0.png" alt="ipo_chart" /></p> <h3>About LYTUS TECHNOLOGIES HOLDINGS PTV. LTD. and It&#039;s IPO</h3> <p>LYTUS TECHNOLOGIES HOLDINGS ...</p><p><a href=https://www.benzinga.com/news/ipos/22/06/27753904/lytus-technologies-holdings-ptv-ltd-stock-down-14-95-since-ipo alt=LYTUS TECHNOLOGIES HOLDINGS PTV. LTD. Stock Down 14.95% Since IPO>Full story available on Benzinga.com</a></p> BZI-IPORecap LYT IPOs LYT IPOs Benzinga Thu, 16 Jun 2022 20:43:40 +0000 Benzinga Insights 27753904 at https://www.benzinga.com