Securities Act

Tricida Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Retrieved on: 
Monday, April 8, 2019
Health, Biotechnology, Pharmaceutical, Finance, Money, Economy, Initial public offering, 73rd United States Congress, Stock market, Financial markets, Underwriting, Securities Act, Security, Goldman Sachs, J.P. Morgan & Co.

Tricida, Inc. (Nasdaq: TCDA) today announced the closing of its previously announced public offering of 6,440,000 shares of its common stock at a public offering price of $36.00 per share, which includes the exercise in full by the underwriters of their option to purchase 840,000 additional shares of common stock for total gross proceeds of approximately $231.8 million, before deducting underwriting discounts and commissions and other offering expenses payable by Tricida.

Key Points: 
  • Tricida, Inc. (Nasdaq: TCDA) today announced the closing of its previously announced public offering of 6,440,000 shares of its common stock at a public offering price of $36.00 per share, which includes the exercise in full by the underwriters of their option to purchase 840,000 additional shares of common stock for total gross proceeds of approximately $231.8 million, before deducting underwriting discounts and commissions and other offering expenses payable by Tricida.
  • Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Cowen and Company, LLC acted as joint book-running managers for the offering.
  • Needham & Company, LLC acted as co-manager.
  • Registration statements relating to these securities have been filed with the U.S. Securities and Exchange Commission and became effective under the Securities Act of 1933, as amended, on April 3, 2019.

Syros Announces Proposed Concurrent Public Offerings of Common Stock with Warrants to Purchase Common Stock and Preferred Stock with Warrants to Purchase Common Stock

Retrieved on: 
Thursday, April 4, 2019
Health, Biotechnology, Clinical trials, Genetics, Oncology, Pharmaceutical, Research, Other Science, Science, Initial public offering, Financial markets, U.S. Securities and Exchange Commission, Finance, Corporate finance, Prospectus, Stock market, Registration statement, SEC filings, Red herring prospectus, Securities Act

The offerings are being made by means of separate preliminary prospectus supplements and are not contingent upon each other.

Key Points: 
  • The offerings are being made by means of separate preliminary prospectus supplements and are not contingent upon each other.
  • The offerings of securities will be made only by means of the prospectuses and prospectus supplements that form a part of the registration statement.
  • The final terms of the offerings will be disclosed in final prospectus supplements to be filed with the SEC.
  • There can be no assurance that Syros will be able to complete the proposed offerings on the anticipated terms, or at all.

BCSC imposes market ban for concealing involvement in shell companies

Retrieved on: 
Wednesday, April 3, 2019
Finance, Financial markets, Economy, Stock market, Securities market, OTC Bulletin Board, Securities Act, Security

VANCOUVER, April 3, 2019 /CNW/ - A British Columbia Securities Commission (BCSC) panel has imposed a market ban on a man after finding that he engaged in conduct that was abusive to the capital markets.

Key Points: 
  • VANCOUVER, April 3, 2019 /CNW/ - A British Columbia Securities Commission (BCSC) panel has imposed a market ban on a man after finding that he engaged in conduct that was abusive to the capital markets.
  • He also is barred for seven years from trading in or purchasing securities or exchange contracts, except under limited circumstances; relying on any exemptions of the B.C.
  • Securities Act; becoming or acting as director or officer a registrant or promoter; acting in a management or consultative capacity in the securities market; or engaging in investor relations activities.
  • Hamilton created a publicly-traded shell company, Guru Health Inc., that traded on the OTC Bulletin Board in the U.S.

Huntsman to Discuss First Quarter 2019 Results on April 30, 2019

Retrieved on: 
Monday, April 1, 2019
Communication, Forward-looking statement, Financial markets, Stock market, Securities Act, Security

Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

Key Points: 
  • Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
  • These statements are based on management's current beliefs and expectations.
  • The company assumes no obligation to provide revisions to any forward-looking statementsshould circumstances change, except as otherwise required by applicable laws.
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/huntsman-to-discuss-first-quarte...

Allison Transmission Closes $500 Million Senior Notes Offering

Retrieved on: 
Friday, March 29, 2019
Transport, Trucking, Other Transport, Public transport, Manufacturing, Automotive Manufacturing, Other Manufacturing, Automotive, Fleet management, Other Automotive, General Automotive, Economy, Finance, Money, U.S. Securities and Exchange Commission, 73rd United States Congress, Allison Transmission, Trucking industry in the United States, New York Stock Exchange, Libor, Allison, Securities Act, Issuer

Allison Transmission Holdings, Inc. (NYSE: ALSN) (Allison or the Company) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the Issuer), completed its previously announced offering of $500 million in aggregate principal amount of 5.875% Senior Notes due 2029 (the Notes) in a private placement (the Offering) exempt from registration under the Securities Act of 1933, as amended (the Securities Act).

Key Points: 
  • Allison Transmission Holdings, Inc. (NYSE: ALSN) (Allison or the Company) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the Issuer), completed its previously announced offering of $500 million in aggregate principal amount of 5.875% Senior Notes due 2029 (the Notes) in a private placement (the Offering) exempt from registration under the Securities Act of 1933, as amended (the Securities Act).
  • The LIBOR rate is subject to a 0.00% floor and the base rate is subject to a 1.00% floor.
  • Allison Transmission (NYSE: ALSN) is the worlds largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and is a leader in hybrid-propulsion systems for city buses.
  • Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy.

ESMA advises Commission on information document for takeover, merger and divisions

Retrieved on: 
Friday, March 29, 2019
Initial public offering, Prospectus, Financial markets, Finance, Financial economics, Transparency Directive, Securities Act

29 March 2019

Key Points: 
  • 29 March 2019

    Corporate Finance

    The European Securities and Markets Authority (ESMA) has today published its technical advice on the minimum information content of documents describing a takeover, merger or division.

  • Under the Prospectus Regulation (PR), issuers may offer/admit securities in connection with takeovers, mergers or divisions without publishing a prospectus, provided that a document is made available to investors describing the transaction and its impact on the issuer.
  • The technical advice sets out the minimum information content of this document in relation to:

    ESMAs advice on the minimum information content is addressed at national competent authorities (NCAs), issuers, their advisors and financial market participants in general.The advice is published in response to a mandate from the European Commission and has been developed following an earlier consultation with public between July and October 2018.

  • The technical advice will form the basis for the delegated acts to be adopted by the European Commission.

Notice from the Office of the Secretary - Ontario Securities Commission

Retrieved on: 
Tuesday, March 26, 2019
73rd United States Congress, Securities Act, U.S. Securities and Exchange Commission

TORONTO, March 26, 2019 /CNW/ -The Office of the Secretary issued a Notice of Hearing pursuant to Subsections 127(1) and 127(10) of the Securities Act.

Key Points: 

TORONTO, March 26, 2019 /CNW/ -The Office of the Secretary issued a Notice of Hearing pursuant to Subsections 127(1) and 127(10) of the Securities Act.
A copy of the Notice of Hearing dated March 26, 2019 and Statement of Allegations dated March 26, 2019 are available at www.osc.gov.on.ca .

Allison Transmission Announces $500 Million Senior Notes Offering

Retrieved on: 
Tuesday, March 26, 2019
Technology, Transport, Trucking, Mobile, Wireless, Manufacturing, Automotive Manufacturing, Automotive, Aftermarket, Other Automotive, U.S. Securities and Exchange Commission, Financial markets, 73rd United States Congress, Finance, Security, Stock market, Issuer, Economy, Securities Act, United States securities law, Regulation A

Allison Transmission Holdings, Inc. (NYSE: ALSN) (Allison or the Company) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the Issuer), commenced an offering of $500 million in aggregate principal amount of senior unsecured notes due 2029 (the Notes) in a private placement (the Offering) exempt from registration under the Securities Act of 1933, as amended (the Securities Act), subject to market conditions.

Key Points: 
  • Allison Transmission Holdings, Inc. (NYSE: ALSN) (Allison or the Company) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the Issuer), commenced an offering of $500 million in aggregate principal amount of senior unsecured notes due 2029 (the Notes) in a private placement (the Offering) exempt from registration under the Securities Act of 1933, as amended (the Securities Act), subject to market conditions.
  • The closing of the Offering is expected to occur substantially concurrently with, and is conditioned upon, the closing of the Issuers New Senior Secured Credit Facilities.
  • The Notes will be guaranteed by each of the Issuers existing and future domestic subsidiaries that is a borrower under or that guarantees obligations under the Issuers New Senior Secured Credit Facilities, subject to certain exceptions.
  • All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding the Offering.

iAnthus Receives Approval to Dispense Flower in Florida; Plans to Report Fourth Quarter and Full Year 2018 Financial Results on April 1, 2019

Retrieved on: 
Monday, March 25, 2019
Financial markets, U.S. Securities and Exchange Commission, 73rd United States Congress, Stock market, Securities Act, Security, Finance

iAnthus will source flower from its state-of-the-art 240,000 square foot cultivation facility in Lake Wales, Florida.

Key Points: 
  • iAnthus will source flower from its state-of-the-art 240,000 square foot cultivation facility in Lake Wales, Florida.
  • The Company will hold a conference call for financial analysts and investors at 8:30am ET onTuesday, April 2, 2019 to discuss the Company's fourth quarter and full year 2018 financial results.
  • iAnthus currently has operations in 11 states, and operates 21 dispensaries (AZ-4, MA-1, MD-3, FL-3, NY-2, CO-1, VT-1 and NM-6 where iAnthus has minority ownership).
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Vireo Health Expands National Footprint with Entry into Arizona's Medical Cannabis Market

Retrieved on: 
Monday, March 25, 2019
U.S. Securities and Exchange Commission, Financial markets, 73rd United States Congress, Securities Act, Stock market, Securities regulation in the United States, Security, Finance

Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Key Points: 
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
  • This news release contains forward-looking information within the meaning of applicable securities laws, based on current expectations.
  • Accordingly, readers should not place undue reliance on the forward-looking information.
  • Vireo assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.