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CubicFarm Systems Stock Slides After Overnight Marketed Offering
2022 May 27, 2:40pm | 183CubicFarm Systems Corp (TSX: CUB) revealed the price and terms of its overnight marketed public offering announced on May 26, 2022. The offering includes issuing unsecured convertible debenture units at C$1,000 per Debenture Unit and common shares at C$0.55/share for total gross proceeds of C$...
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Why Performance Shipping Shares Are Plunging Today
2022 May 27, 12:03pm | 190Performance Shipping Inc. (NASDAQ: PSHG) priced its public offering of 7.62 million units at $1.05 per unit. Each unit consists of one common share and one Class A warrant to purchase one common share and will immediately separate upon issuance. Each Class A warrant is exercisable for...
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EXCLUSIVE: Creatd To Raise Up To $40M Via Rights Offering At Premium To Fund Its Expansion Plans
2022 May 26, 3:00pm | 664Creatd Inc's (NASDAQ: CRTD) board approved a rights offering of up to $40 million for 20 million shares at $2 per unit. The offer price implies a premium of 147.5% to Creatd's May 25 closing price of $0.808. What Happened? Creatd looks to distribute two subscription rights for...
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The Daily Biotech Pulse: Setback For NRx Pharma's COVID Study, Fast Track Tag For Pfizer's NASH Combo Therapy, Reata's Ataxia Drug In FDA Review
2022 May 26, 8:45am | 905Here's a roundup of top developments in the biotech space over the last 24 hours: Stocks In Focus NRx Pharma Faces Setback In NIH-Sponsored COVID-19 Trial Based on the review of approximately 460 patients, the Data Safety and Monitoring Board determined the evaluation of NRx...
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Karora Resources Upsizes Bought Deal Financing
2022 May 25, 3:13pm | 256Karora Resources Inc. (TSX: KRR) (OTC: KRRGF) amended the terms of its previously announced bought deal financing to increase the size of the offering to C$60 million. Under the terms of the Upsized Offering, underwriters have agreed to purchase, on a bought deal basis, 12.5...
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Plato Gold Raises C$300K Via Equity Offering
2022 May 25, 2:50pm | 215Plato Gold Corp. (TSXV: PGC) (OTC: NIOVF) plans to complete a non-brokered private placement for up to C$300 thousand gross proceeds. The Offering will consist of 4 million flow-through shares at C$0.05 per FT share for gross proceeds up to C$200,000 and 2 million hard dollar units...
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Why Fisker Shares Are Trading Lower Today
2022 May 24, 2:02pm | 156Fisker Inc (NYSE: FSR) has entered into an at-the-market distribution agreement with J.P. Morgan Securities LLC and Cowen and Company, LLC as the sales agents. Fisker has launched an at-the-market equity program for up to $350 million in aggregate gross proceeds. Fisker intends...
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Why This Cruise Stock Analyst Is Cutting Price Targets Following Carnival Debt Offering
2022 May 23, 10:25am | 428Carnival Corp (NYSE: CCL) completed a much-needed $1 billion debt offering last week, and one Wall Street analyst said Monday that shareholders of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) and Royal Caribbean Cruises Ltd (NYSE: RCL) should take notice. The Cruise Stock Analyst: Bank of...
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Carnival Bulks Up Debt To Refinance 2023 Maturities
2022 May 19, 6:05am | 228Carnival Corporation (NYSE: CCL) has priced the private offering of $1.0 billion of 10.5% senior unsecured notes due 2030. The company expects to close the offering on May 25, 2022. The notes will pay interest semi-annually on June 1 and December 1 of each year, beginning on...
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What's Going On With Aztec Minerals Shares Today
2022 May 16, 4:10pm | 214Aztec Minerals Corp (TSXV: AZT) (OTC: AZZTF) plans to raise up to C$3 million via non-brokered private placement. Alamos Gold Inc. (TSX: AGI) (NYSE: AGI) intends to purchase securities under the offering to obtain a 9.9% interest in Aztec Minerals. Aztec Minerals plans to issue up...
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Why Voyager Digital Shares Are Falling Today
2022 May 16, 2:47pm | 299Voyager Digital Ltd. (TSX: VOYG) (OTC: VYGVF) reported third-quarter revenue growth of 70% year-over-year to $102.74 million, and EPS loss narrowed to $(0.36) from $(0.49) a year ago. Operating loss was $(43) million for the quarter compared to income of $29.8 million for 3Q21....
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Eloro Resources Upsizes Bought Deal Financing To C$8.5M
2022 May 13, 3:49pm | 279Eloro Resources Ltd. (TSXV: ELO) (OTCQX: ELRRF) and Cormark Securities Inc. have agreed to increase the size of the previously announced financing. The underwriter has agreed to purchase, on a bought deal basis, 2.61 million units at C$3.25 per unit for gross proceeds of ~...
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The Daily Biotech Pulse: Bristol Myers, BridgeBio Ink Oncology Pact, FDA Nod For Lava Therapeutics Blood Cancer Study And More
2022 May 12, 8:42am | 1994Here's a roundup of top developments in the biotech space over the last 24 hours: Stocks In Focus BridgeBio Inks Licensing Pact With Bristol Myers For SHP2 Inhibitor In Oncology BridgeBio Pharma Inc (NASDAQ: BBIO) has announced an exclusive license with Bristol Myers Squibb...
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US Army, Airbus Battery Supplier Turns To SPAC Deal For Public Debut: WSJ
2022 May 12, 7:03am | 288Amprius Technologies Inc has agreed to merge with a special-purpose acquisition company (SPAC)that values the company at about $1.3 billion and would take it public, Wall Street Journal reported. Amprius makes batteries that it says are more powerful than conventional lithium-ion cells...
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The Daily Biotech Pulse: Veru Shares Up On COVID Candidate Update, FDA Approves Lilly's COVID Treatment, Latest On Sanofi-AstraZeneca RSV Vaccine
2022 May 11, 9:37am | 1893Here's a roundup of top developments in the biotech space over the last 24 hours: Stocks In Focus Veru Suggested By FDA To Submit Emergency Use Request For Sabizabulin In COVID-19 In a Pre-EUA meeting, the FDA said Veru Inc (NASDAQ: VERU) should submit a request for FDA emergency...