Corporate finance

FinTech Evolution Acquisition Group. Announces Pricing of Upsized $240,000,000 Initial Public Offering

Tuesday, March 2, 2021 - 3:17am

New York, NY, March 01, 2021 (GLOBE NEWSWIRE) -- FinTech Evolution Acquisition Group.

Key Points: 
  • New York, NY, March 01, 2021 (GLOBE NEWSWIRE) -- FinTech Evolution Acquisition Group.
  • (the Company) announced today that it priced its upsized initial public offering of 24,000,000 units at $10.00 per unit.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 3,600,000 units at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering.

DHC Acquisition Corp. Announces Pricing of Upsized $300 Million Initial Public Offering

Tuesday, March 2, 2021 - 3:12am

DHC Acquisition Corp. (the Company) announced the pricing today of its upsized initial public offering of 30,000,000 units at a price of $10.00 per unit.

Key Points: 
  • DHC Acquisition Corp. (the Company) announced the pricing today of its upsized initial public offering of 30,000,000 units at a price of $10.00 per unit.
  • DHC Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 4,500,000 units at the initial public offering price to cover over-allotments, if any.
  • Cautionary Note Concerning Forward-Looking Statements This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and search for an initial business combination.

Northern Star Investment Corp. IV Announces Pricing of Upsized $350,000,000 Initial Public Offering

Tuesday, March 2, 2021 - 3:10am

Northern Star Investment Corp. IV (the Company) announced today that it priced its upsized initial public offering of 35,000,000 units at $10.00 per unit.

Key Points: 
  • Northern Star Investment Corp. IV (the Company) announced today that it priced its upsized initial public offering of 35,000,000 units at $10.00 per unit.
  • Northern Star Investment Corp. IV is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.
  • The Company has granted the underwriter a 45-day option to purchase up to an additional 5,250,000 units at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the anticipated use of net proceeds.

Northern Star Investment Corp. III Announces Pricing of Upsized $350,000,000 Initial Public Offering

Tuesday, March 2, 2021 - 3:10am

Northern Star Investment Corp. III (the Company) announced today that it priced its upsized initial public offering of 35,000,000 units at $10.00 per unit.

Key Points: 
  • Northern Star Investment Corp. III (the Company) announced today that it priced its upsized initial public offering of 35,000,000 units at $10.00 per unit.
  • Northern Star Investment Corp. III is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.
  • The Company has granted the underwriter a 45-day option to purchase up to an additional 5,250,000 units at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the anticipated use of net proceeds.

NightDragon Acquisition Corp. Announces Pricing of $300 Million Initial Public Offering

Tuesday, March 2, 2021 - 2:36am

NightDragon Acquisition Corp. (the Company) today announced the pricing of its initial public offering of 30,000,000 SCALE units at a price of $10.00 per unit.

Key Points: 
  • NightDragon Acquisition Corp. (the Company) today announced the pricing of its initial public offering of 30,000,000 SCALE units at a price of $10.00 per unit.
  • Each SCALE unit consists of one share of the Companys Class A common stock and one-fifth of one redeemable warrant.
  • Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share.
  • The Company has granted the underwriters a 45-day option to purchase up to 4,500,000 additional SCALE units at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.

Karuna Therapeutics Announces Pricing of Public Offering of Common Stock

Tuesday, March 2, 2021 - 2:24am

Karuna Therapeutics, Inc. (NASDAQ: KRTX) (Karuna), a clinical-stage biopharmaceutical company driven to create and deliver transformative medicines for people living with psychiatric and neurological conditions, today announced the pricing of an underwritten public offering of 2,083,334 shares of its common stock at a public offering price of $120.00 per share.

Key Points: 
  • Karuna Therapeutics, Inc. (NASDAQ: KRTX) (Karuna), a clinical-stage biopharmaceutical company driven to create and deliver transformative medicines for people living with psychiatric and neurological conditions, today announced the pricing of an underwritten public offering of 2,083,334 shares of its common stock at a public offering price of $120.00 per share.
  • The gross proceeds to Karuna from the offering, before deducting the underwriting discounts and commissions and other estimated offering expenses, are expected to be approximately $250.0 million.
  • In addition, Karuna has granted the underwriters a 30-day option to purchase up to an additional 312,500 shares of common stock.
  • All the shares in the proposed offering are to be sold by Karuna.

SITE Centers Announces Pricing of Common Shares Offering

Tuesday, March 2, 2021 - 2:07am

SITE Centers Corp. (NYSE: SITC) (SITE Centers or the Company) today announced the pricing of its public offering of 15,000,000 common shares at a price to public of $13.20 per share, for expected gross proceeds of $198.0 million.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC) (SITE Centers or the Company) today announced the pricing of its public offering of 15,000,000 common shares at a price to public of $13.20 per share, for expected gross proceeds of $198.0 million.
  • SITE Centers also granted the underwriters a 30-day option to purchase up to an additional 2,250,000 common shares.
  • SITE Centers intends to use the net proceeds of the offering to redeem the depositary shares representing its outstanding 6.250% Class K Cumulative Redeemable Preferred Shares, without par value (the Class K Preferred Shares), which have an aggregate liquidation preference of $150.0 million.
  • SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities.

LEIDOS HOLDINGS ALERT: Bragar Eagel & Squire, P.C. is Investigating Leidos Holdings, Inc. on Behalf of Leidos Stockholders and Encourages Investors to Contact the Firm

Tuesday, March 2, 2021 - 2:00am

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Leidos Holdings, Inc. (NYSE: LDOS) on behalf of Leidos stockholders.

Key Points: 
  • Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Leidos Holdings, Inc. (NYSE: LDOS) on behalf of Leidos stockholders.
  • Our investigation concerns whether Leidos has violated the federal securities laws and/or engaged in other unlawful business practices.
  • On this news, Leidoss stock price fell $3.41 per share, or over 3%, to close at $105.22 per share on February 16, 2021.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Haymaker Acquisition Corp. III Announces Pricing of $300 Million Initial Public Offering

Tuesday, March 2, 2021 - 1:53am

NEW YORK, March 01, 2021 (GLOBE NEWSWIRE) -- Haymaker Acquisition Corp. III (the "Company") today announced the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit.

Key Points: 
  • NEW YORK, March 01, 2021 (GLOBE NEWSWIRE) -- Haymaker Acquisition Corp. III (the "Company") today announced the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit.
  • Citigroup and Cantor Fitzgerald & Co. are acting as bookrunners and representatives of the underwriters of the offering.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 4,500,000 units at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and the anticipated use of the net proceeds.

Anzu Special Acquisition Corp I Announces Pricing of Upsized $420,000,000 Initial Public Offering

Tuesday, March 2, 2021 - 1:31am

Anzu Special Acquisition Corp I (NASDAQ: ANZUU) (the Company) today announced the pricing of its initial public offering of 42,000,000 units at a price of $10.00 per unit.

Key Points: 
  • Anzu Special Acquisition Corp I (NASDAQ: ANZUU) (the Company) today announced the pricing of its initial public offering of 42,000,000 units at a price of $10.00 per unit.
  • Once the securities comprising the units begin separate trading, the shares and warrants are expected to be traded on the Nasdaq under the symbols ANZU and ANZUW, respectively.
  • The offering is expected to close on March 4, 2021, subject to customary closing conditions.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the anticipated use of the net proceeds.