Debenture

InspireSemi Announces Final Closing of Non-Brokered Private Placement

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Vendredi, août 25, 2023
Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Plan, TSX Venture Exchange, Funding, Option, Thunderbird, Unit, Exchange, Warrant, Debenture, Life insurance, Bank, Security (finance)

The Company intends to use the proceeds from the Financing to support its go-forward strategy including the final development stages of its next-generation Thunderbird compute accelerator, as well as for general working capital purposes.

Key Points: 
  • The Company intends to use the proceeds from the Financing to support its go-forward strategy including the final development stages of its next-generation Thunderbird compute accelerator, as well as for general working capital purposes.
  • A total of 5,114 Units were sold, of which 2,438 such Units have been sold as part of the Final Tranche which closed today.
  • Securities issued in the Final Tranche are subject to resale restrictions to December 26, 2023.
  • The Financing remains subject to the receipt of final approval from the Exchange.

ARHT Media Announces Q2 2023 Operating Results

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Jeudi, août 24, 2023
International Institute for Management Development, Management development, CE, Travel, CMS, Network, EY, CSA, STAR, WeWork, IMD, IOS, Airport, OTCQB, ART, Human, Committee, Organization, RMS, 2021 Libertarian National Committee chair special election, Museum, ULI, Certification, Growth, AI, Debenture, Social media, Video game, Security printing, Security (finance), Telescopic sight, Q2

Revenue for Q2 2023 was $2.1M compared to $2.0M for Q2 2022, a 3% increase.

Key Points: 
  • Revenue for Q2 2023 was $2.1M compared to $2.0M for Q2 2022, a 3% increase.
  • Q2 2023 Net loss of $2.1M vs $1.8M in Q2 2022 primarily due to increased headcount as the Company continues to invest for growth.
  • Events included presentations by senior executives including the CEO who posted on social media on the ARHT Capsule display.
  • “Q2 2023 was a pivotal quarter for ARHT Media as numerous enterprise organizations are testing ARHT’s permanent displays in an effort to save money, reduce travel and attract audiences.

Qurate Retail Announces Semi-Annual Interest Payment on 3.75% Senior Exchangeable Debentures Due 2030

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Jeudi, août 17, 2023
Fashion, Online Retail, Entertainment, Retail, Luxury, TV and Radio, Home Goods, LI, Indenture, Sprint Corporation, Security (finance), Debenture

Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) today announced the payment of a semi-annual interest payment to the holders as of August 1, 2023 of the 3.75% Senior Exchangeable Debentures due 2030 (the "Debentures") issued by its wholly-owned subsidiary, Liberty Interactive LLC (“LI LLC”).

Key Points: 
  • Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB, QRTEP) today announced the payment of a semi-annual interest payment to the holders as of August 1, 2023 of the 3.75% Senior Exchangeable Debentures due 2030 (the "Debentures") issued by its wholly-owned subsidiary, Liberty Interactive LLC (“LI LLC”).
  • The amount of the interest payment is $18.75 per $1,000 original principal amount of Debentures.
  • Thereafter, the adjusted principal amount is further reduced on each successive semi-annual interest payment date to the extent necessary to cause the semi-annual interest payment to represent the payment of an annualized yield of 3.75% of the adjusted principal amount.
  • Below is a detail of the amount of the semi-annual interest payment being made on the Debentures, its allocation between payment of interest and repayment of principal and the revised adjusted principal amount of the Debentures resulting from such payment, per $1,000 original principal amount of the Debentures:

Vencanna Announces Amended Definitive Agreement with Cannavative Group and Provides Operational Update

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Mercredi, août 16, 2023
Treasury Wine Estates, AB, MBA, Balance sheet, Cosmetic, New Jersey Cannabis Regulatory Commission, Acquisition, Investment, Patient, State University of New York, Transaction, University, Chase Bank, LEED AP, Friends, TGC, DeGroote School of Business, Plastic, Cannabis, Growth, ATC, NFP, CSE, Canadian Securities Exchange, Multichannel multipoint distribution service, Health, Beer, Business, MillerCoors, SOP, Gold, Control, Physics, CFO, Research, Hand, Family, Rotman School of Management, CGT, CRC, Theoretical physics, College of Medicine, Debenture, CSA, Sadness, University of Texas at Austin, CPA, SVKM's NMIMS, Warrant (finance), Wine, Security (finance), Sales, Crown

"Vencanna Ventures" (the "Company" or "Vencanna") (CSE: VENI) (OTCQB: TPPRF) provides the following corporate and operational updates:

Key Points: 
  • "Vencanna Ventures" (the "Company" or "Vencanna") (CSE: VENI) (OTCQB: TPPRF) provides the following corporate and operational updates:
    Effective today, the Company and The Cannavative Group LLC ("Cannavative") have amended and restated the definitive unit exchange agreement originally entered into on April 25, 2022 (as amended, the "A&R Definitive Agreement").
  • The Transaction value is US$12.5 million based on a deemed issue price of US$0.075 per Share (excluding the Earn-out Units).
  • Vencanna intends to seek shareholder approval of the Transaction by way of written resolution from shareholders holding not less than 50% plus one Share.
  • However, it is with great sadness to announce the recent passing of Mr. Ross Kline, founder, chairman, and CEO of the Cannavative Group.

Capital Southwest Announces Financial Results for First Fiscal Quarter Ended June 30, 2023 and Announces Increase in Total Dividends to $0.62 per share for the Quarter Ended September 30, 2023

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Lundi, août 7, 2023
Transfer, Moody's Investors Service, Share repurchase, Line of credit, Revenue recognition, NAV, Equity, Treasury, Acquisition, Investment, Capital, SBA, DRIP, IRR, External commercial borrowing, UTI, First, Deutsche Bank, State Board of Administration of Florida, I-45, Primary Dealer Credit Facility, Growth, Security (finance), FDA, Credit, Common, Exercise, Credit Accumulation and Transfer Scheme, Trust, Fintech, Note, Small Business Administration, SOFR, Securities and Exchange Commission (Nigeria), Sale, Small business, Fitch Ratings, SBIC, Debenture, Airline, Bank, Renewable energy, Holding company, Real estate, Life insurance, Cryptocurrency, Fitch

For the quarter ended June 30, 2023, Capital Southwest reported total investment income of $40.4 million, compared to $37.2 million in the prior quarter.

Key Points: 
  • For the quarter ended June 30, 2023, Capital Southwest reported total investment income of $40.4 million, compared to $37.2 million in the prior quarter.
  • For the quarter ended June 30, 2023, total operating expenses (excluding interest expense) were $5.7 million, compared to $5.6 million in the prior quarter.
  • For the quarter ended June 30, 2023, interest expense was $9.7 million as compared to $8.8 million in the prior quarter.
  • Capital Southwest has scheduled a conference call on Tuesday, August 8, 2023, at 11:00 a.m. Eastern Time to discuss the first quarter 2024 financial results.

ARHT Media Announces Closing of $2 Million Private Placement of Secured Subordinated Debentures

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Jeudi, août 3, 2023
Minority, TSX Venture Exchange, Private, Debenture, OTCQB, ART, Private placement, National instrument, Finance Secretary (India), TSX, Security (finance)

TORONTO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or the "Company") (TSXV:ART), (OTCQB:ARHTF) the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to announce that the Company has successfully closed a private placement (the “Private Placement”) of secured subordinated debentures (the “Debentures”) in an aggregate of approximately $2.03 million principal amount.

Key Points: 
  • TORONTO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or the "Company") (TSXV:ART), (OTCQB:ARHTF) the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to announce that the Company has successfully closed a private placement (the “Private Placement”) of secured subordinated debentures (the “Debentures”) in an aggregate of approximately $2.03 million principal amount.
  • Subject to certain conditions, the Company will have the right to prepay any or part of the Debentures at any time prior to the Maturity Date by paying the principal amount of the Debentures.
  • The principal amount of the Debentures are not convertible into common shares or any other securities of the Company.
  • The Company intends to use the net proceeds from the Private Placement for general working capital purposes to support the Company's growth.

Avicanna Announces Closing of Non-Brokered Private Placement of Debenture Units

Retrieved on: 
Jeudi, août 3, 2023
NOT, FOR, Senior, FSE, Offering, Finance Secretary (India), TSX, Debenture, Security (finance), Unit

TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), an innovative, commercial stage, and international biopharmaceutical company focused on the development advancement, and commercialization of evidence-based, cannabinoid-based products, is pleased to announce that it has closed a non-brokered private placement (the “Offering”) of 1,455,000 debenture units of the Company (the “Units”) at a price of $1 per Unit, for aggregate gross proceeds of approximately $1,455,000. Each Unit consists of an aggregate of $1 principal amount of secured subordinated debentures (the “Debentures”) and 1 common share purchase warrant (each, a “Warrant”).

Key Points: 
  • Each Unit consists of an aggregate of $1 principal amount of secured subordinated debentures (the “Debentures”) and 1 common share purchase warrant (each, a “Warrant”).
  • The Debentures will mature one year following the closing of the Offering (the “Maturity Date”) and are not convertible into equity securities of the Company.
  • The Debentures will bear interest at a rate of 18% per annum until the Maturity Date.
  • The Company has also entered into amending agreements with certain holders of Senior Debentures bearing an outstanding principal amount of $562,000 (the “Amending Agreements”).

Flow Capital Announces Non-Convertible Debenture Transaction

Retrieved on: 
Mercredi, août 2, 2023
Minority, MI, FW, Loan, Investment, Transaction, Creditor, Multilateral, IRR, Security (finance), Bank, Debenture

TORONTO, ON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that it has entered into a loan transaction with certain third party lenders pursuant to which the lenders will advance the aggregate amount of C$17.9 million to the Company (the "Loans").

Key Points: 
  • TORONTO, ON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that it has entered into a loan transaction with certain third party lenders pursuant to which the lenders will advance the aggregate amount of C$17.9 million to the Company (the "Loans").
  • The Loans will be evidenced by unsecured, non-convertible debentures (the "Debentures") issued by the Company to the Lenders pursuant to the terms of a debenture indenture entered into between the Company and Olympia Trust Company, as debenture trustee.
  • No portion of the principal or interest outstanding under the Debentures may be repaid in securities of the Company.
  • Further details will be included in a material change report that will be filed by the Company in connection with the completion of the Transaction.

Mednow Announces Closing of Senior Secured Convertible Debenture Financing by Mednow Management

Retrieved on: 
Mardi, août 1, 2023
General Health, Health, Pharmaceutical, Health Technology, Telemedicine, Virtual Medicine, Inc., Indian stock exchange, TSX Venture Exchange, MI, Debenture, Special-purpose acquisition company, Acquisition, Investment, Offering, Convertible bond, Finance Secretary (India), Entrepreneurship, News, Convertible, Security (finance)

Mednow Inc. (TSXV: MNOW) (OTCQX: MDNWF) ("Mednow" or the "Company"), Canada’s on-demand virtual pharmacy, is pleased to announce the closing of the previously announced non-brokered private placement offering of a secured convertible debenture (the “Convertible Debenture”) for gross proceeds of $400,000 (the “Offering”).

Key Points: 
  • Mednow Inc. (TSXV: MNOW) (OTCQX: MDNWF) ("Mednow" or the "Company"), Canada’s on-demand virtual pharmacy, is pleased to announce the closing of the previously announced non-brokered private placement offering of a secured convertible debenture (the “Convertible Debenture”) for gross proceeds of $400,000 (the “Offering”).
  • The Convertible Debenture bears interest at a rate of 12.0% per annum and matures eighteen (18) months following the date of issuance (the “Maturity Date”).
  • There is also be a share pledge of the shares of certain of the Company’s subsidiaries in favour of the Convertible Debenture holder.
  • The Convertible Debenture issued pursuant to the Offering is subject to a statutory hold period of four months from the date of issuance.

NextEra Energy Capital Holdings announces dates for remarketing of its Series L Debentures due Sept. 1, 2025

Retrieved on: 
Vendredi, juillet 28, 2023
NextEra Energy Resources, Communication, Lease purchase contract, Certificate, Fortune 500, Electricity, Florida Power & Light, Multimedia, NextEra Energy, Sale, Wind, Treasury, Officer, Ethics, CUSIP, United States Department of the Treasury, News, NYSE, Debenture, Security (finance), Indenture

JUNO BEACH, Fla., July 28, 2023 /PRNewswire/ -- NextEra Energy Capital Holdings, Inc. today announced that it will conduct a remarketing of its Series L Debentures due Sept. 1, 2025 (the "Debentures") (CUSIP No.

Key Points: 
  • JUNO BEACH, Fla., July 28, 2023 /PRNewswire/ -- NextEra Energy Capital Holdings, Inc. today announced that it will conduct a remarketing of its Series L Debentures due Sept. 1, 2025 (the "Debentures") (CUSIP No.
  • The Debentures were originally issued as part of NextEra Energy, Inc.'s Corporate Units (CUSIP No.
  • The Debentures are guaranteed by NextEra Energy Capital Holdings' parent company, NextEra Energy, Inc. (NYSE: NEE).
  • The Remarketing Fee will not exceed 0.25% of the sum of the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price.