Convertible bond

ORYZON Reports Financial Results and Corporate Update for Quarter Ended March 31, 2024

Retrieved on: 
måndag, maj 6, 2024
Charcot–Marie–Tooth disease, FDA, Venetoclax, OHSU, Innovation, National Cancer Institute, BPD, Development, IND, CNS, NET, Schizophrenia, EVOLUTION, JHU, Azacitidine, NCI, FCCC, Deficit spending, IP, Paclitaxel, IIS, Food, European Patent Convention, CMT, Borderline personality disorder, Communication, Conference, AML, Aggression, Convertible bond, FMS, ALS, Phase, Kabuki syndrome, HOPE, Safety, SCLC, DSM-IV codes, EMA, Clinical trial, Medicine, EPO, Investigational New Drug, Duration, Platinum, Bangladesh Technical Education Board, Phase II, MRD, ICIS, MSKCC, Disease, Measure (mathematics), CRADA, Dor, Patent, HDAC6, Data analysis, Genomics, Pharmaceutical industry

Dr Carlos Buesa, Oryzon’s Chief Executive Officer, said: “Oryzon continued with a strong path in its clinical programs in the first quarter.

Key Points: 
  • Dr Carlos Buesa, Oryzon’s Chief Executive Officer, said: “Oryzon continued with a strong path in its clinical programs in the first quarter.
  • Research and development (R&D) expenses were $2.6 million for the quarter ended March 31, 2024, compared to $4.4 million for the quarter ended March 31, 2023.
  • General and administrative expenses were $0.9 million for the quarter ended March 31, 2024, compared to $1.2 million for the quarter ended March 31, 2023.
  • Net losses were $1.1 for the quarter ended March 31, 2024, respectively, compared to $1.4 million for the quarter ended March 31, 2023.

Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds

Retrieved on: 
fredag, maj 3, 2024
Sale, Agreement, Indian stock exchange, Warrant, Convertible bond, Date, News, Convertible, Canopy Growth, TSX, Good, Toronto Stock Exchange, Debenture, Security (finance)

Each Warrant will entitle the holder to acquire one common share (each, a "Common Share") of the Company at an exercise price equal to C$16.18 per Common Share for a period of five years from the Closing Date.

Key Points: 
  • Each Warrant will entitle the holder to acquire one common share (each, a "Common Share") of the Company at an exercise price equal to C$16.18 per Common Share for a period of five years from the Closing Date.
  • The Company does not plan to list the Convertible Debenture or the Warrants on the TSX, NASDAQ, or any other securities exchange or other trading system.
  • The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.
  • The closing of the offering pursuant to the Agreement is expected to occur during the week of May 6, 2024, subject to customary closing conditions.

Cielo Announces Closing of Second Tranche of Private Placement of Convertible Debenture Units

Retrieved on: 
fredag, april 5, 2024
Indian stock exchange, Principal, Private, Exchange, Convertible bond, Forced conversion, Issue date, Placement, CMC, Sale, News, Debt, Carbon, Debenture, Convertible, Acceleration, Finance Secretary (India), Calendar, Tranche, NEWS, Conversion, Security (finance)

CALGARY, Alberta, April 05, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the second tranche (“Tranche 2”), for gross proceeds of C $1,480,000, of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement"). The Company intends to continue to offer the Convertible Debenture Units on the same terms and close one or more subsequent tranches during the month of April 2024.

Key Points: 
  • CALGARY, Alberta, April 05, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the second tranche (“Tranche 2”), for gross proceeds of C $1,480,000, of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement").
  • The Company intends to continue to offer the Convertible Debenture Units on the same terms and close one or more subsequent tranches during the month of April 2024.
  • Pursuant to the closing of Tranche 2, the Company issued 1,480 Convertible Debenture Units for gross proceeds of C $1,480,000, consisting of 1,480 Convertible Debentures and 3,700,000 Warrants.
  • As the Convertible Debentures will be unsecured debt obligations of the Company, each Convertible Debenture will rank subordinate to all secured debt obligations of the Company.

Cielo Announces Closing of First Tranche of Private Placement of Convertible Debenture Units

Retrieved on: 
måndag, mars 11, 2024
Issue date, Exchange, Finance Secretary (India), Debenture, Principal, Debt, News, Finder, Sale, Calendar, Private, Carbon, Indian stock exchange, Convertible, Placement, Conversion, Private placement, Convertible bond, Forced conversion, NEWS, Acceleration, CMC, Security (finance)

CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement"). The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.

Key Points: 
  • CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement").
  • The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.
  • “The closing of this first tranche of our Private Placement represents a great start to reaching the targeted proceeds,” said Ryan Jackson, Cielo’s CEO.
  • Pursuant to the closing Tranche 1, the Company issued 560 Convertible Debenture Units for gross proceeds of C $560,000, consisting of 560 Convertible Debentures and 1,400,000 Warrants.

Nicox Restructures Debt, Streamlines Operations to Extend Cash Runway and Focus Resources on NCX 470 Pivotal Trial

Retrieved on: 
onsdag, februari 28, 2024
Ophthalmology, Financial statement, Sale, Communication, BlackRock, Consolidated, 2022–23 Feyenoord season, NCX, Convertible bond, Mass meeting, EGM, NDA, Glaucoma, VWAP, Security (finance)

“The additional cash runway and the overall reduction in cash needs gives us the flexibility to advance our core asset and continue partnering and strategic discussions.

Key Points: 
  • “The additional cash runway and the overall reduction in cash needs gives us the flexibility to advance our core asset and continue partnering and strategic discussions.
  • Specifically, this provides an opportunity to deliver on the promise of NCX 470 in glaucoma, and thereby to preserve and create value.
  • Under the current bond agreement, Nicox was due to begin repaying the Amortizing Bond to Kreos from 1 February 2024.
  • The debt restructuring and cost reductions extend the Company’s cash runway to November 2024, based on focusing exclusively on the development of NCX 470.

ORYZON Reports Financial Results and Corporate Update for Quarter Ended December 31, 2023

Retrieved on: 
måndag, februari 26, 2024
Borderline personality disorder, HOPE, HDAC6, National Cancer Institute, EVOLUTION, CMT, Agitation, Data analysis, Convertible bond, ICIS, ALS, SCLC, Azacitidine, Duration, ICI, IIS, Sciatic nerve, Deficit spending, Paclitaxel, DSM-IV codes, Development, Genomics, ALS Association, FMS, LSD1, AML, Clinical Global Impression, MSKCC, Conference, Aggression, Safety, Biomarker, CNS, Venetoclax, CRADA, OHSU, MRD, Clinical trial, BPD, Measure (mathematics), IND, FCCC, Dor, Human, Innovation, EMA, Kabuki syndrome, NET, NCI, Aes, Glomus tumor, FDA, GST, Food, Platinum, Schizophrenia, Phase II, Charcot–Marie–Tooth disease, Medicine, Patient, BEST, Disease, Pharmaceutical industry

Dr Carlos Buesa, Oryzon’s Chief Executive Officer, said: “Oryzon continued with a strong path in its clinical programs in the fourth quarter.

Key Points: 
  • Dr Carlos Buesa, Oryzon’s Chief Executive Officer, said: “Oryzon continued with a strong path in its clinical programs in the fourth quarter.
  • Research and development (R&D) expenses were $3.9 and $16.6 million for the quarter and twelve months ended December 31, 2023, respectively, compared to $5.0 and $18.1 million for the quarter and twelve months ended December 31, 2022.
  • General and administrative expenses were $1.2 and $4.2 million for the quarter and twelve months ended December 31, 2023, respectively, compared to $1.2 and $4.8 million for the quarter and twelve months ended December 31, 2022.
  • Net losses were $1.4 and $5.0 million for the quarter and twelve months ended December 31, 2023, respectively, compared to $1.6 and $5.9 million for the quarter and twelve months ended December 31, 2022.

Cielo Announces Private Placement of Convertible Debenture Units for up to $5.0 Million to Advance Renewable Fuel Projects, Confirms Final Credit Facility Draw and Magazine Feature

Retrieved on: 
torsdag, februari 22, 2024
Debenture, Debt, News, Sale, Indian stock exchange, Conversion, Forced conversion, Acceleration, Finance Secretary (India), Principal, Expander, Finder, Private, Convertible, Convertible bond, NEWS, CMC, Calendar, Carbon, Issue date, Exchange, Biomass, Security (finance)

CALGARY, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce that it proposes to undertake a non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of $1,000 per Convertible Debenture Unit for targeted gross proceeds of up to $5,000,000 (the "Private Placement").

Key Points: 
  • The Private Placement and a concurrent final draw from Cielo’s existing secured credit facility, as described below, represent an important shift in the Company’s financing strategy to utilize convertible instruments versus traditional forms of debt.
  • In addition, Cielo is also pleased to share that the Company has been featured in the Winter 2024 edition of Canadian Biomass Magazine , with further details provided below.
  • The Company intends to close the Private Placement in one or more tranches throughout February and early March.
  • Finder's fees of cash and/or non-transferrable warrants may be paid in connection with the Private Placement in accordance with applicable laws.

EQS-News: niiio finance group AG repays parts of the 2021/2026 convertible bond ahead of schedule as part of the change of control

Retrieved on: 
torsdag, februari 15, 2024
Convertible bond, AG, Security (finance)

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Görlitz, 15.02.2024: niiio finance group AG (ISIN: DE000A2G8332), software-as-a-service platform for asset and wealth management, announces that holders of the convertible bond 2021/2026 ("Convertible Bond") have requested the repayment of approximately EUR 3.25 million of the outstanding EUR 3.6 million bonds of the current convertible bond.
  • The company will redeem the convertible bond in the corresponding amount.
  • Numerous bondholders have exercised this right.

Luca Mining Strengthens Balance Sheet: Successfully Completes Debt Settlement and Finalizes Restructuring

Retrieved on: 
fredag, januari 19, 2024
Share (finance), Trafigura, Condition, Convertible, Convertible bond, S.A, Debt, Zinc, Debt settlement, TSX Venture Exchange, OTCQX, CAD, News, Debenture, Security (finance)

The Company is pleased to announce it has closed its debt settlement (the "Debt Settlement") with the Latapi Consultores, S.A. de C.V. ("Latapi").

Key Points: 
  • The Company is pleased to announce it has closed its debt settlement (the "Debt Settlement") with the Latapi Consultores, S.A. de C.V. ("Latapi").
  • The Shares were issued to a syndicate of creditors with Latapi acting as agent on behalf of the syndicate to negotiate the terms of the Debt Settlement.
  • The Debt Settlement is subject to the receipt of final approval from the TSXV.
  • The Company has completed its debt restructuring transaction with Trafigura Mexico, S.A. de C.V. ("Trafigura") and its affiliate Urion Holdings (Malta) Limited ("Urion").

Rivalry Announces $14 Million Investment to Accelerate Growth

Retrieved on: 
onsdag, november 15, 2023
Sale, FSE, IGaming Business, Hierarchy, Millennials, Convertible bond, Growth, Generation Z, Finance Secretary (India), Legislation, Security (finance), Cryptocurrency, Rivalry

The investment comprising this initial closing came from an existing institutional shareholder.

Key Points: 
  • The investment comprising this initial closing came from an existing institutional shareholder.
  • “We are very pleased to receive the support of a long-standing institutional shareholder of Rivalry with this investment,” said Steven Salz, Co-founder and CEO, Rivalry.
  • “Rivalry’s unique product mix and position in the marketplace has brought the business to the inflection point it’s reached today.
  • The capital will enable Rivalry to accelerate the development and release of new products, expand marketing efforts, and extend into new geographies and verticals, setting us on a path where we can pursue growth and profitability at the same time,” Salz added.