Initial public offering

TSX Approves ECN Capital’s Normal Course Issuer Bids for Common Shares and Preferred Shares

Retrieved on: 
Monday, September 14, 2020

TORONTO, Sept. 14, 2020 (GLOBE NEWSWIRE) -- ECN Capital Corp. (ECN Capital or the Company) today announced that the Toronto Stock Exchange (the TSX) has approved the Companys notice of intention to commence a Normal Course Issuer Bid (the Common Share Bid) for common shares of the Company (the Common Shares) and a Normal Course Issuer Bid (the Preferred Share Bid and, together with the Common Share Bid, the Bids) for the Companys Series A 6.50% Rate Reset Preferred Shares (the Series A Preferred Shares) and Series C 6.25% Rate Reset Preferred Shares (the Series C Preferred Shares and, together with the Series A Preferred Shares, the Preferred Shares).

Key Points: 
  • TORONTO, Sept. 14, 2020 (GLOBE NEWSWIRE) -- ECN Capital Corp. (ECN Capital or the Company) today announced that the Toronto Stock Exchange (the TSX) has approved the Companys notice of intention to commence a Normal Course Issuer Bid (the Common Share Bid) for common shares of the Company (the Common Shares) and a Normal Course Issuer Bid (the Preferred Share Bid and, together with the Common Share Bid, the Bids) for the Companys Series A 6.50% Rate Reset Preferred Shares (the Series A Preferred Shares) and Series C 6.25% Rate Reset Preferred Shares (the Series C Preferred Shares and, together with the Series A Preferred Shares, the Preferred Shares).
  • Pursuant to the Bids, the Company may repurchase on the open market (or as otherwise permitted), up to 22,432,925 Common Shares, 399,900 Series A Preferred Shares and 399,800 Series C Preferred Shares, representing approximately 10% of the public float of each of the Common Shares, the Series A Preferred Shares and the Series C Preferred Shares (within the meaning of the rules of the TSX), subject to the normal terms and limitations of such bids.
  • Under the TSX rules, during the six months ended August 31, 2020, the average daily trading volume on the TSX of the Common Shares, Series A Preferred Shares and Series C Preferred Shares was 600,155, 4,860 and 3,150, respectively and, accordingly, daily purchases on the TSX pursuant to the Bids will be limited to 150,038 Common Shares, 1,215 Series A Preferred Shares and 1,000 Series C Preferred Shares, other than purchases made pursuant to the block purchase exception.
  • As of September 3, 2020, the Company had 242,644,199 Common Shares, 4,000,000 Series A Preferred Shares and 4,000,000 Series C Preferred Shares issued and outstanding and a public float of 224,329,259 Common Shares, 3,999,000 Series A Preferred Shares and 3,998,000 Series C Preferred Shares.

Kornit Announces Launch of Public Offering of Ordinary Shares

Retrieved on: 
Monday, September 14, 2020

Kornit will not receive any of the proceeds from the sale of shares being offered by Amazon.

Key Points: 
  • Kornit will not receive any of the proceeds from the sale of shares being offered by Amazon.
  • The shares being sold by an affiliate of Amazon are being issued pursuant to the exercise of a warrant granted to Amazon by Kornit.
  • Kornit intends to grant the underwriters a 30-day option to purchase up to an additional 540,000 ordinary shares.
  • Kornit has filed a preliminary prospectus supplement to its shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (the SEC) for the proposed offering of its ordinary shares.

PPD Announces Secondary Offering of Shares of Common Stock

Retrieved on: 
Monday, September 14, 2020

Additionally, the selling stockholders intend to grant the underwriters a 30-day option to purchase up to 5,700,000 additional shares of the Companys common stock.

Key Points: 
  • Additionally, the selling stockholders intend to grant the underwriters a 30-day option to purchase up to 5,700,000 additional shares of the Companys common stock.
  • The Company is not selling any shares of common stock in the offering, will not receive any of the proceeds from the offering and will bear the costs associated with the sale of such shares by the selling stockholders, other than underwriting discounts and commissions.
  • The offering is being made through an underwriting group led by Morgan Stanley, Barclays, J.P. Morgan and Goldman Sachs & Co. LLC.
  • PPD is a leading global contract research organization providing comprehensive, integrated drug development, laboratory and lifecycle management services.

BERRY CORPORATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Berry Corporation on Behalf of Berry Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, September 14, 2020

NEW YORK, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Berry Corporation (NASDAQ: BRY) on behalf of Berry stockholders.

Key Points: 
  • NEW YORK, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Berry Corporation (NASDAQ: BRY) on behalf of Berry stockholders.
  • Our investigation concerns whether Berry has violated the federal securities laws and/or engaged in other unlawful business practices.
  • On July 30, 2018, Berry completed its IPO offering shares at $14 per share and raising $112 million in net proceeds.
  • On September 11, 2020, Berrys shares closed at $3.36, representing a 76% decline from the Companys $14 IPO price.

Nyxoah Initial Public Offering Multiple Times Over Subscribed and Early Closing Announced

Retrieved on: 
Monday, September 14, 2020

The information contained in this announcement is for informational purposes only and does not purport to be full or complete.

Key Points: 
  • The information contained in this announcement is for informational purposes only and does not purport to be full or complete.
  • Investors should not subscribe for any securities referred to in this document except on the basis of information contained in the Prospectus.
  • No public offering of securities is being made in the United States.
  • Potential investors should consult a professional advisor as to the suitability of the intended offering for the person concerned.

Corsair Gaming, Inc. Launches Initial Public Offering

Retrieved on: 
Monday, September 14, 2020

Corsair Gaming, Inc. (Corsair), a leading global provider and innovator of high-performance gear for gamers and content creators, announced today that it has commenced an initial public offering of 14,000,000 shares of its common stock, approximately 7,500,000 of which are being offered by Corsair and approximately 6,500,000 of which are being offered by a selling stockholder.

Key Points: 
  • Corsair Gaming, Inc. (Corsair), a leading global provider and innovator of high-performance gear for gamers and content creators, announced today that it has commenced an initial public offering of 14,000,000 shares of its common stock, approximately 7,500,000 of which are being offered by Corsair and approximately 6,500,000 of which are being offered by a selling stockholder.
  • The initial public offering price is estimated to be between $16.00 and $18.00 per share.
  • Corsair has applied to list its common stock on the Nasdaq Global Market under the ticker symbol CRSR.
  • The offering is subject to market conditions, and there can be no assurance as to whether, or when, the offering may be completed or as to the actual size or terms of the offering.

GoodRx Announces Launch of Initial Public Offering

Retrieved on: 
Monday, September 14, 2020

GoodRx Holdings Inc. , a leading consumer-focused digital healthcare platform in the United States, today announced the launch of its initial public offering of 34,615,384 shares of its Class A common stock.

Key Points: 
  • GoodRx Holdings Inc. , a leading consumer-focused digital healthcare platform in the United States, today announced the launch of its initial public offering of 34,615,384 shares of its Class A common stock.
  • The underwriters will have a 30-day option to buy an additional 5,192,307 shares of Class A common stock from GoodRx at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is currently expected to be between $24 and $28 per share.
  • At an assumed initial public offering price of $26.00 per share, which is the midpoint of the estimated offering price range, Silver Lake would purchase 3,846,153 shares of our Class A common stock.

DGAP-News: Leisure vehicle manufacturer Knaus Tabbert sets price range at €58.00 to €74.00 per share for its IPO

Retrieved on: 
Friday, September 11, 2020

The price range was set at between 58.00 and 74.00 per share.

Key Points: 
  • The price range was set at between 58.00 and 74.00 per share.
  • The first day of trading for Knaus Tabbert shares is expected to be September 23, 2020.
  • "We have taken the next important step on the road to our planned IPO," says Wolfgang Speck, CEO of Knaus Tabbert AG.
  • Knaus Tabbert is one of the top three European manufacturers in the booming market for leisure vehicles.

YayYo, Inc. Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP Announces That a Securities Class Action Lawsuit Has Been Filed on Behalf of Shareholders in the United States District Court for the Central District of California Against YayYo,

Retrieved on: 
Friday, September 11, 2020

All investors who purchased shares of YayYo, Inc. and incurred losses are urged to contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774.

Key Points: 
  • All investors who purchased shares of YayYo, Inc. and incurred losses are urged to contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774.
  • You may obtain additional information concerning the action or join the case on our website, www.whafh.com.
  • Since the IPO, the Companys shares have traded as low as $0.25, or 94% below the IPO price.
  • Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of YayYo, Inc. (YAYO) Investors

Retrieved on: 
Friday, September 11, 2020

YayYo investors have until November 9, 2020 to file a lead plaintiff motion.

Key Points: 
  • YayYo investors have until November 9, 2020 to file a lead plaintiff motion.
  • In November 2019, YayYo completed its initial public offering (IPO), in which it sold approximately 2.7 million shares of common stock at $4 per share.
  • Then, on February 10, 2020, the Company announced that its Board of Directors had decided to delist YayYos common stock from the NASDAQ.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.