Options

Lixte Biotechnology Holdings, Inc. Announces Closing of Public Offering and Uplisting to Nasdaq

Retrieved on: 
Tuesday, December 1, 2020
Corporate finance, Equity securities, Corporate crime, SEC filings, Options, Warrant, U.S. Securities and Exchange Commission, Financial economics, Corporations, Economy

The shares and warrants were immediately separable, were issued separately, and began trading on The Nasdaq Capital Market on Wednesday, November 25, 2020, under the symbols LIXT and LIXTW, respectively.

Key Points: 
  • The shares and warrants were immediately separable, were issued separately, and began trading on The Nasdaq Capital Market on Wednesday, November 25, 2020, under the symbols LIXT and LIXTW, respectively.
  • WestPark Capital, Inc. and WallachBeth Capital, LLC acted as the joint book-running managers for the offering.
  • TroyGould PC acted as the Company'slegal counsel andSheppard, Mullin, Richter & Hampton, LLPacted aslegal counsel for the joint book-running managers.
  • This discussion should be read in conjunction with the Company's filings with the U.S. Securities and Exchange Commission at www.sec.gov .

Callinex Announces Stock Option Exercise

Retrieved on: 
Tuesday, December 1, 2020
Options, Corporate finance, Stock market, Equity securities, Contract law, Exercise, Stock, Economy, Academic disciplines

VANCOUVER, BC, Dec. 1, 2020 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTC: CLLXF) announces that its officers, directors and key personnel have exercised 176,666 stock options for total proceeds of $256,333.

Key Points: 
  • VANCOUVER, BC, Dec. 1, 2020 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTC: CLLXF) announces that its officers, directors and key personnel have exercised 176,666 stock options for total proceeds of $256,333.
  • Of $256,333 proceeds received, a total of $198,000 related to options with an exercise price of $3.30 per share.
  • By exercising stock options with an above market strike price, management and directors are demonstrating their firm belief in the intrinsic value across the Company's exploration portfolio.
  • Except as required under applicable securities laws, Callinex does not assume the obligation to update any forward-looking statement.

Fuller, Smith & Turner PLC: Holding(s) in Company

Retrieved on: 
Tuesday, December 1, 2020
Financial markets, Finance, Issuer, Financial economics, Money, Stock market, Corporate finance, Equity securities, Options

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 

Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Chinook Therapeutics Announces New Employment Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Monday, November 30, 2020
Inheritance, Labour law, Property law, Vesting, NASDAQ, Law, Private law, Finance, Options

The stock options vest over four years, with 25% vesting on November 16, 2021 and 1/36th of the remaining shares vesting monthly thereafter, subject to Mr. Bjerkholts continued employment on each such date.

Key Points: 
  • The stock options vest over four years, with 25% vesting on November 16, 2021 and 1/36th of the remaining shares vesting monthly thereafter, subject to Mr. Bjerkholts continued employment on each such date.
  • The stock options have a 10-year term and are subject to the terms and conditions of the stock option agreement.
  • The Company granted the stock options as a material inducement to Mr. Bjerkholt for entering into employment with Chinook Therapeutics, Inc. in accordance with Nasdaq listing Rule 5635(c)(4).
  • Chinook Therapeutics, Inc. is a clinical-stage biotechnology company developing precision medicines for kidney diseases.

GOGL – Declaration of options

Retrieved on: 
Monday, November 30, 2020
Financial markets, Finance, Financial economics, Stock market, Options, Equity securities, Corporate finance, Exercise, Treasury stock, Security, NASDAQ, Share

The Board of Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (Golden Ocean or the Company) announced an option holder has exercised options to acquire 50,000 shares in the Company in accordance with the terms previously disclosed.

Key Points: 
  • The Board of Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (Golden Ocean or the Company) announced an option holder has exercised options to acquire 50,000 shares in the Company in accordance with the terms previously disclosed.
  • The option exercise will be settled in full with treasury shares held by the Company.
  • Following the delivery of the shares, Golden Ocean will hold a total of 945,000 treasury shares.
  • This information is subject to the disclosure requirements of section 5-12 of the Norwegian Securities Trading Act.

Forest Road Acquisition Corp. Announces Closing of Upsized $300,000,000 Initial Public Offering

Retrieved on: 
Monday, November 30, 2020
Banking, Professional services, Finance, Corporate finance, Financial markets, Financial economics, Finance, Stock market, Equity securities, Options, Warrant, Stock, Initial public offering

Forest Road Acquisition Corp. (the Company) announced today the closing of its upsized initial public offering of 30,000,000 units at a price to the public of $10.00 per unit, which includes an exercise of the underwriters' option to purchase 3,900,000 additional units.

Key Points: 
  • Forest Road Acquisition Corp. (the Company) announced today the closing of its upsized initial public offering of 30,000,000 units at a price to the public of $10.00 per unit, which includes an exercise of the underwriters' option to purchase 3,900,000 additional units.
  • Each unit consists of one share of Class A common stock and one-third 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.
  • 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.

BIGG Digital Assets Inc. Announces Closing of Oversubscribed $6,900,000 Offering

Retrieved on: 
Monday, November 30, 2020
Financial markets, Financial economics, Finance, Stock market, Equity securities, Options, Corporate finance, Warrant, Security, Greenshoe, Securities Act, Regulation S-K

The number of Units includes an additional 3,750,000 Units pursuant to the exercise of the Underwriters over-allotment option.

Key Points: 
  • The number of Units includes an additional 3,750,000 Units pursuant to the exercise of the Underwriters over-allotment option.
  • Each Unit is comprised of one common share (each, a Common Share) and one one-half Common Share purchase warrant of the Company (each such full warrant, a Warrant).
  • The Common Shares, the Warrant Shares, if any, and the Broker Warrant Shares, if any, have been approved for listing with the CSE under symbol BIGG.
  • PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE.

Hyliion Announces Redemption of Public Warrants

Retrieved on: 
Monday, November 30, 2020
Trucking, Data management, Technology, Transport, Logistics, Supply chain management, Software, Equity securities, Options, Finance, Corporate finance, Money, Warrant, Financial economics, Stock option expensing

Pursuant to the terms of the agreements governing the rights of the holders of the Public Warrants, Hyliion is entitled to redeem all of the outstanding Public Warrants for a redemption price of $0.01 per Public Warrant (the Redemption Price) if the last sales price of the Common Stock is at least $18.00 per share on each of twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which a notice of redemption is given.

Key Points: 
  • Pursuant to the terms of the agreements governing the rights of the holders of the Public Warrants, Hyliion is entitled to redeem all of the outstanding Public Warrants for a redemption price of $0.01 per Public Warrant (the Redemption Price) if the last sales price of the Common Stock is at least $18.00 per share on each of twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which a notice of redemption is given.
  • Any Public Warrants that remain unexercised immediately after 5:00 p.m., New York City time, on December 30, 2020 will be void and no longer exercisable, and the holders of those Public Warrants will be entitled to receive $0.01 per Public Warrant.
  • Holders of Public Warrants in street name should immediately contact their broker to determine their brokers procedure for exercising their Public Warrants since the process to exercise is voluntary.
  • None of Hyliion, its board of directors or employees has made or is making any representation or recommendation to any holder of the Public Warrants as to whether to exercise or refrain from exercising any Public Warrants.

Realfiction completes a heavily oversubscribed directed issue of units of SEK 35.8 million and issues warrants to existing shareholders

Retrieved on: 
Monday, November 30, 2020
Corporate finance, Options, Warrant

Realfiction Holding AB ("Realfiction" or the "Company") hereby announces that the Company has carried out a directed issue of 400,000 units (the "Directed Issue").

Key Points: 
  • Realfiction Holding AB ("Realfiction" or the "Company") hereby announces that the Company has carried out a directed issue of 400,000 units (the "Directed Issue").
  • The subscription price in the Directed Issue was set to SEK 89.50 per unit, corresponding to SEK 17.9 per share.
  • The Company will initially receive SEK 35.8 million from the Directed Issue before deduction of transaction costs.
  • The Directed Issue will be registered after the warrants of series TO1, issued to current shareholders, are registered.

Univest Securities, LLC. Announces Closing of $10 Million Registered Direct Offering for its Client Tantech Holdings Ltd (Nasdaq: TANH)

Retrieved on: 
Sunday, November 29, 2020
Equity securities, Initial public offering, Options, Prospectus, Warrant

Such registered and unregistered warrants are immediately exercisable, expire five years from the date of issuance and have an exercise price of $1.81 per share.

Key Points: 
  • Such registered and unregistered warrants are immediately exercisable, expire five years from the date of issuance and have an exercise price of $1.81 per share.
  • The Company plans to use the net proceeds from the offering for working capital and general business purposes.
  • Kaufman & Canoles PC acted as counsel to the issuer and Sullivan & Worcester LLP acted as counsel to the placement agent.
  • Copies of the prospectus supplement relating to such registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC's website at www.sec.gov .