Fundraising

Renalytix Announces Financing with Expected Size of up to $4 Million

Retrieved on: 
Monday, April 8, 2024

Both tranches are priced at $0.75 per NASDAQ ADS ($0.375 per Ordinary Share).

Key Points: 
  • Both tranches are priced at $0.75 per NASDAQ ADS ($0.375 per Ordinary Share).
  • The aggregate total amount for both tranches, if the option is fully exercised, is expected to be up to $4 million in total financing.
  • The net proceeds of the Fundraise will be used to support commercial sales activity as the Company continues its Formal Sale Process, as previously announced.
  • The completion of the sale and purchase of the Initial Tranche Shares is expected take place no later than 11 April 2024, subject to customary closing conditions.

Japan-based investors allocating to alternatives grew by over 50% since 2019 — Preqin reports

Retrieved on: 
Tuesday, April 2, 2024

The report highlights that the number of Japan-based investors, actively investing in alternatives, grew by over 50% from 2019 to the start of 2024*.

Key Points: 
  • The report highlights that the number of Japan-based investors, actively investing in alternatives, grew by over 50% from 2019 to the start of 2024*.
  • Preqin analysts find that the need for higher returns, especially in a low interest rate environment, propelled investors to look at the alternative asset classes.
  • Although more investors based in Japan, such as pension funds, insurance firms, and banks, are actively allocating to alternatives assets to achieve higher returns, their target returns are typically modest compared to other investors globally.
  • Preqin analysts note that Japan-based investors are generally conservative and adopt a relatively long-term approach to alternatives.

Amendment - 2023 Full Year Financial Results

Retrieved on: 
Tuesday, March 26, 2024

Amendments have been made to the ‘2023 Full Year Financial Results’ announcement released on 26 March 2024 at 07:00 in the Financial Results table.

Key Points: 
  • Amendments have been made to the ‘2023 Full Year Financial Results’ announcement released on 26 March 2024 at 07:00 in the Financial Results table.
  • “We experienced some operational and procurement delays towards the end of 2023 due to adverse weather conditions, which continued into the start of 2024.
  • Amaroq will continue to review the results of the detailed geophysical programme conducted over the Kobberminebugt licence in 2023.
  • The following selected financial data is extracted from the Financial Statements for the three months ended December 31, 2023.

2023 Full Year Financial Results

Retrieved on: 
Tuesday, March 26, 2024

“We experienced some operational and procurement delays towards the end of 2023 due to adverse weather conditions, which continued into the start of 2024.

Key Points: 
  • “We experienced some operational and procurement delays towards the end of 2023 due to adverse weather conditions, which continued into the start of 2024.
  • Contracting and Procurement: At the end of Q4 2023, 80% of the key contracts for the processing plant were concluded and procurement was 80% completed.
  • Amaroq will continue to review the results of the detailed geophysical programme conducted over the Kobberminebugt licence in 2023.
  • The following selected financial data is extracted from the Financial Statements for the three months ended December 31, 2023.

THE CALIFORNIA FIRE FOUNDATION ANNOUNCES CALIFORNIA FIREFIGHTERS MEMORIAL WALL EXPANSION AT CAPITOL PARK IN SACRAMENTO

Retrieved on: 
Thursday, March 21, 2024

SACRAMENTO, Calif., March 21, 2024 /PRNewswire/ -- The California Fire Foundation (www.cafirefoundation.org), the California-based non-profit that assists families of fallen firefighters, firefighters, and the communities they protect, has announced its 2024 California Firefighters Memorial Wall Expansion to honor and preserve the memory of fallen firefighters across California. The announcement commences a 12-Million-Dollar Fundraising Effort to support the expansion, alongside the launch of the California Fire Foundation's Firefighters Memorial Oral History Project to gather stories of fallen firefighters across California.

Key Points: 
  • SACRAMENTO, Calif., March 21, 2024 /PRNewswire/ -- The California Fire Foundation ( www.cafirefoundation.org ), the California-based non-profit that assists families of fallen firefighters, firefighters, and the communities they protect, has announced its 2024 California Firefighters Memorial Wall Expansion to honor and preserve the memory of fallen firefighters across California.
  • The announcement commences a 12-Million-Dollar Fundraising Effort to support the expansion, alongside the launch of the California Fire Foundation's Firefighters Memorial Oral History Project to gather stories of fallen firefighters across California.
  • An official Groundbreaking Ceremony was held at California State Capitol Park in downtown Sacramento, California on Wednesday, March 20, to "break the ground" with shovels.
  • WATCH the vision for the new California Firefighters Memorial Wall Expansion on YouTube @CaliforniaFireFoundation here: https://www.youtube.com/watch?v=LOdnOBHLCd4
    How to Support the Fundraiser?

For A Bright Future Foundation Announces New Sponsors and Host Lineup for its Spectacular Fundraiser on March 14th in New York City

Retrieved on: 
Tuesday, March 12, 2024

MIAMI, March 12, 2024 /PRNewswire/ -- Louis Hernandez Jr.'s Foundation For A Bright Future ("For A Bright Future," "FABF"), a nonprofit organization that supports the needs of underprivileged children, is excited to announce its list of additional sponsors and prestigious host lineup for its "Warmth of Giving" fundraising event, taking place on March 14th, 2024, in the heart of New York City. The fundraiser is benefitting the Foundation's scholarships and STEAM project-based programs.

Key Points: 
  • Davies Beller , For A Bright Future Board Member and Managing Director of Investment Banking at TD Cowen.
  • Tracey Shaw , For A Bright Future Event Chair, former WWE Executive, and current Co-founder and President of Digital Joy.
  • Hear a testimonial from Daniela Palacios, a For A Bright Future scholar who has recently authored her first book.
  • To become a sponsor of the For A Bright Future fundraising event, or to inquire about tickets, please email [email protected] .

Closing of Fundraising, Admission, and VCP Awards

Retrieved on: 
Friday, February 23, 2024

No public offering of securities is being made in the United States, Iceland, Australia, Canada, South Africa, Japan or elsewhere.

Key Points: 
  • No public offering of securities is being made in the United States, Iceland, Australia, Canada, South Africa, Japan or elsewhere.
  • Persons receiving this Announcement are required to inform themselves about and to observe any restrictions contained in this Announcement.
  • Persons distributing any part of this Announcement must satisfy themselves that it is lawful to do so.
  • The forward-looking statements contained in this Announcement speak only as at the date of this Announcement.

Washington Trust Charitable Foundation Donates $122,000 to Housing Organizations in Rhode Island

Retrieved on: 
Thursday, February 29, 2024

WESTERLY, R.I., Feb. 29, 2024 /PRNewswire/ -- Washington Trust ("the Bank") today announced that the Washington Trust Charitable Foundation ("Charitable Foundation") has awarded $122,000 to seven Rhode Island organizations in support of various programs to support safe and affordable housing and homeownership programs throughout the Ocean State.

Key Points: 
  • WESTERLY, R.I., Feb. 29, 2024 /PRNewswire/ -- Washington Trust ("the Bank") today announced that the Washington Trust Charitable Foundation ("Charitable Foundation") has awarded $122,000 to seven Rhode Island organizations in support of various programs to support safe and affordable housing and homeownership programs throughout the Ocean State.
  • The grants are part of more than $459,000 of total giving granted by the Charitable Foundation to 60 organizations throughout the Bank's footprint.
  • "Washington Trust is committed to supporting organizations that offer safe and affordable housing programs for our neighbors," said Rolando Lora, Washington Trust Executive Vice President and Chief Retail Lending Officer.
  • The Washington Trust Charitable Foundation is committed to furthering Washington Trust's support of the communities it serves.

Results of Fundraising

Retrieved on: 
Tuesday, February 13, 2024

Such restrictions shall not apply to any Fundraising Shares acquired outside of Canada.

Key Points: 
  • Such restrictions shall not apply to any Fundraising Shares acquired outside of Canada.
  • This Announcement does not constitute a recommendation concerning any investor's options with respect to the UK Placing or any part of the Fundraising.
  • The Fundraising Shares to be issued pursuant to the Fundraising will not be admitted to trading on any stock exchange other than AIM, the TSX-V and Nasdaq Iceland’s main market.
  • The actual results, performance or achievements of the Company or developments in the industry in which the Company operates may differ materially from the future results, performance or achievements or industry developments expressed or implied by the forward-looking statements contained in this Announcement.

Statement Regarding Press Speculation

Retrieved on: 
Sunday, February 11, 2024

No public offering of securities is being made in the United States, Iceland, Australia, Canada, South Africa, Japan or elsewhere.

Key Points: 
  • No public offering of securities is being made in the United States, Iceland, Australia, Canada, South Africa, Japan or elsewhere.
  • Persons receiving this Announcement are required to inform themselves about and to observe any restrictions contained in this Announcement.
  • Persons distributing any part of this Announcement must satisfy themselves that it is lawful to do so.
  • The forward-looking statements contained in this Announcement speak only as at the date of this Announcement.