Options

Gabelli Go Anywhere Trust to Redeem Its Outstanding Series A Cumulative Puttable and Callable Preferred Shares

Retrieved on: 
Monday, August 2, 2021

The Board of Trustees of The Gabelli Go Anywhere Trust (NYSE American:GGO) (the Fund) authorized the redemption of all outstanding Series A Cumulative Puttable and Callable Preferred Shares (the Series A Preferred).

Key Points: 
  • The Board of Trustees of The Gabelli Go Anywhere Trust (NYSE American:GGO) (the Fund) authorized the redemption of all outstanding Series A Cumulative Puttable and Callable Preferred Shares (the Series A Preferred).
  • The Series A Preferred Shares trade on the NYSE American under the symbol GGO.A.
  • From and after the date of redemption, the Series A Preferred Shares being redeemed will no longer be deemed outstanding, dividends and distributions will cease to accumulate and all the rights of the holders of the Series A Preferred Shares with respect to the Series A Preferred Shares will cease, except the right to receive the Redemption Price, without interest.
  • The Gabelli Go Anywhere Trust is a non-diversified, closed-end management investment company whose primary investment objective is total return, consisting of capital appreciation and current income.

OptionMetrics Releases IvyDB Canada 3.0 Amid Increased Interest in Canadian Options, Expands Data to Help Investors Better Analyze Market Trading Strategies

Retrieved on: 
Monday, August 2, 2021

OptionMetrics adds 10 days and additional delta values of 10, 15, 85, and 90 (negative for puts) to grid points in its volatility surface.

Key Points: 
  • OptionMetrics adds 10 days and additional delta values of 10, 15, 85, and 90 (negative for puts) to grid points in its volatility surface.
  • Recent updates in IvyDB Canada 3.0 are just one example of why OptionMetrics has become the gold standard in historical options data.
  • IvyDB Canada provides the historical price, IV, and sensitivity information from 2007 to present for about 600 optionable securities.
  • Data is updated nightly to reflect new closing prices, dividend payments, corporate actions, option contract expirations, listings, and other changes.

HilltopSecurities Launches HTS Commodities Division

Retrieved on: 
Monday, August 2, 2021

Hilltop Securities Inc. (HilltopSecurities) today announced the expansion of its commodities brokerage and trading business with the launch of a new division, HTS Commodities.

Key Points: 
  • Hilltop Securities Inc. (HilltopSecurities) today announced the expansion of its commodities brokerage and trading business with the launch of a new division, HTS Commodities.
  • The launch of HTS Commodities with the addition of 12 highly experienced and accomplished commodities and futures professionals is another important step in HilltopSecurities growth plan, said Brad Winges, President and CEO of HilltopSecurities.
  • HTS Commodities will focus on a broad range of commodities and futures trading including livestock, grains, cotton, energy, metals, U.S. market indices, and U.S. and foreign currencies, among other wealth advisory services.
  • HTS Commodities recent hires more than double the size of the firms existing commodities desk with plans to continue its growth throughout other geographic regions.

Eastside Distilling, Inc. Announces Exercise of Existing Warrants and Issuance of Warrants in Private Placement

Retrieved on: 
Monday, August 2, 2021

The new warrants have substantially the same terms as the existing warrants, except that the new warrants have an exercise price of $3.00 per share and are exercisable five years after they become exercisable.

Key Points: 
  • The new warrants have substantially the same terms as the existing warrants, except that the new warrants have an exercise price of $3.00 per share and are exercisable five years after they become exercisable.
  • The Company previously filed and made available to our stockholders our proxy statement and related proxy materials on July 6, 2021, which contained six proposals.
  • The Company received approximately $2.385 million in cash proceeds from the exercise of the existing warrants.
  • The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended, or applicable under state securities laws.

Entheon Biomedical Corp. Acquires Lobo Genetics Inc.

Retrieved on: 
Friday, July 30, 2021

Genetic Screening Platform Technology and Data to Strengthen Entheon's Psychedelic-Assisted Protocols

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 30, 2021) - Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1) ("Entheon" or the "Company") is pleased to announce that the Company completed its acquisition of Lobo Genetics Inc. ("Lobo"), a personalized genetics company with a direct-to-consumer platform currently being used in both the psychedelics and cannabis spaces to provide personalized insights into an individual's response to hallucinogenic and psychoactive drugs.
  • In addition, Entheon issued an aggregate of 9,603 incentive stock options (the "Replacement Options") to the holders of the outstanding stock options of Lobo (the "Lobo Stock Options") in exchange for the cancellation of the Lobo Stock Options, and all outstanding common share purchase warrants in the capital of the Lobo were cancelled.
  • "With the acquisition of Lobo comes the addition of key staff members and enhanced expertise in the field of genetics.
  • Mr. Lem commented, "Lobo is pleased to officially join the Entheon team.

Cross River Announces Grant of Stock Options

Retrieved on: 
Friday, July 30, 2021

Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Cross River Ventures Corp. (CSE: CRVC) ("Cross River" or the "Company") today announced that it has awarded incentive stock options pursuant to its stock option plan, to various directors, officers and consultants of the Company, to purchase up to an aggregate of 1,000,000 common shares of the Company.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Cross River Ventures Corp. (CSE: CRVC) ("Cross River" or the "Company") today announced that it has awarded incentive stock options pursuant to its stock option plan, to various directors, officers and consultants of the Company, to purchase up to an aggregate of 1,000,000 common shares of the Company.
  • The stock options are exercisable at a price of $0.20 per share and expire two years from the (July 28, 2021) date of grant.
  • Cross River Ventures Corp. is a gold exploration company focused on the development of top tier exploration properties in premier mining districts.
  • Cross River's common shares trade under the symbol "CRVC" on the CSE.

Heliostar Metals Announces Stock Option Grant

Retrieved on: 
Thursday, July 29, 2021

Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FRA: RGG1) ("Heliostar" or the "Company") announces that it has granted to an officer, employee and new consultants of the Company stock options (the "Options") exercisable to acquire up to a total of 220,000 common shares under the Company's Stock Option Plan in accordance with the terms of the Company's stock option plan.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Heliostar Metals Limited (TSXV: HSTR) (OTCQX: HSTXF) (FRA: RGG1) ("Heliostar" or the "Company") announces that it has granted to an officer, employee and new consultants of the Company stock options (the "Options") exercisable to acquire up to a total of 220,000 common shares under the Company's Stock Option Plan in accordance with the terms of the Company's stock option plan.
  • The Options are exercisable for a period of five years at a price of $1.00 per share and will vest 1/3 immediately; 1/3 after 12 months from the date of grant; and 1/3 after 24 months from the date of grant.
  • They are exercisable for a period of five years from the date of the grant and are subject to the policies of the TSX Venture Exchange.
  • Heliostar is a well-financed junior exploration and development Company with a portfolio of high-grade gold projects in Alaska and Mexico.

Cerevel Therapeutics Announces Redemption of Public Warrants

Retrieved on: 
Friday, July 30, 2021

ET on August 30, 2021 will be void and no longer exercisable, and the holders of those public warrants will be entitled to receive only the redemption price of $0.01 per warrant.

Key Points: 
  • ET on August 30, 2021 will be void and no longer exercisable, and the holders of those public warrants will be entitled to receive only the redemption price of $0.01 per warrant.
  • As a result of the redemption, the public warrants will cease to be traded on Nasdaq following the close of trading on August 30, 2021.
  • Beneficial holders seeking to exercise public warrants should contact their brokerage firm as soon as possible to process the warrant exercise in advance of the redemption date.
  • Brokers may have an earlier deadline for beneficial holders to exercise their public warrants than the deadline set forth above.

Electrum Strategic Opportunities Fund II L.P. Sells Common Shares of Constantine Metal Resources Ltd.

Retrieved on: 
Thursday, July 29, 2021

NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) --  Electrum Strategic Opportunities Fund II L.P. (“Electrum”) has sold, pursuant to the terms of certain share purchase agreements dated July 29, 2021 (the “Purchase Agreements”), 4,411,764 common shares (the “Purchased Shares”) of Constantine Metal Resources Ltd. (the “issuer”) to certain third-party purchasers (the “Transaction”) for $0.27 per Purchased Share for a total purchase price of $1,191,176.28 (the “Purchase Price”).

Key Points: 
  • NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) -- Electrum Strategic Opportunities Fund II L.P. (Electrum) has sold, pursuant to the terms of certain share purchase agreements dated July 29, 2021 (the Purchase Agreements), 4,411,764 common shares (the Purchased Shares) of Constantine Metal Resources Ltd. (the issuer) to certain third-party purchasers (the Transaction) for $0.27 per Purchased Share for a total purchase price of $1,191,176.28 (the Purchase Price).
  • As a result of the Transaction, Electrum currently owns no common shares and 8,823,529 warrants (Warrants) representing 15.3% of the issued and outstanding common shares (Common Shares) upon the exercise of the Warrants (assuming that all of the Warrants owned by Electrum immediately following the Closing are exercised and that no other securities, including those convertible into, or exercisable for, Common Shares, are issued, converted or exercised).
  • Electrum Global Holdings L.P., a joint actor (as such term is defined in National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues) of Electrum, owns 250,000 Common Shares representing 0.51% of the Common Shares of the issuer.
  • Electrum is located at 535 Madison Avenue, 12th Floor, New York, NY 10022, USA.

Infrastructure and Energy Alternatives, Inc. Announces Pricing of its Public Offering of $175 million of Common Stock and Pre-Funded Warrants

Retrieved on: 
Thursday, July 29, 2021

At closing, IEA will issue 8,161,502 shares of its common stock and, pre-funded warrants to purchase 7,747,589 additional shares of its common stock.

Key Points: 
  • At closing, IEA will issue 8,161,502 shares of its common stock and, pre-funded warrants to purchase 7,747,589 additional shares of its common stock.
  • There is no established public trading market for the pre-funded warrants and IEA does not expect a market to develop.
  • The underwriting discounts and commissions for shares of common stock and pre-funded warrants purchased by public investors will be $0.66 per share of common stock and be approximately $0.66 per pre-funded warrant.
  • The underwriters will not receive any discount or commissions on shares of common stock or pre-funded warrants purchased by ASOF or its affiliates.