Financial economics

Aimco Provides Additional Tax Information Related to 2020 Property Sales and Spin-Off

Wednesday, September 23, 2020 - 2:12am

Aimco is under no obligation to update any amounts other than its required tax reporting obligations.

Key Points: 
  • Aimco is under no obligation to update any amounts other than its required tax reporting obligations.
  • The actual tax consequences of the transactions described above depend on specific situations and on factors that are not within our control.
  • Aimco is one of the country's largest owners and operators of apartments, with 125 communities in 17 states and the District of Columbia.
  • Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV and are included in the S&P 500.

NanoVibronix Increases Previously Announced Bought Deal to $1.8 Million

Wednesday, September 23, 2020 - 1:36am

The closing of the offering is expected to occur on or about September 25, 2020, subject to satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about September 25, 2020, subject to satisfaction of customary closing conditions.
  • The gross proceeds to NanoVibronix, before deducting underwriting discounts and commissions and offering expenses and assuming no exercise of the underwriter's option to purchase additional common stock, are expected to be approximately $1.8 million.
  • The shares of common stock are being offered by the Company pursuant to a "shelf" registration statement on Form S-3 (File No.
  • Investors and security holders are urged to read these documents free of charge on the SEC's web site at: http://www.sec.gov .

Bentley Systems Announces Pricing of Initial Public Offering

Wednesday, September 23, 2020 - 1:45am

Bentley Systems, Incorporated (Bentley) today announced the pricing of the initial public offering of 10,750,000 shares of its Class B common stock at a price to the public of $22.00 per share.

Key Points: 
  • Bentley Systems, Incorporated (Bentley) today announced the pricing of the initial public offering of 10,750,000 shares of its Class B common stock at a price to the public of $22.00 per share.
  • The shares of Class B common stock to be sold in the offering are being sold by existing stockholders of Bentley.
  • The offering is expected to close on September 25, 2020, subject to customary closing conditions.
  • A registration statement on Form S-1 relating to the offering has been filed with, and declared effective by, the SEC.

NanoVibronix Announces $1.5 Million Bought Deal Offering

Tuesday, September 22, 2020 - 11:11pm

The closing of the offering is expected to occur on or about September 25, 2020, subject to satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about September 25, 2020, subject to satisfaction of customary closing conditions.
  • H.C. Wainwright& Co. is acting as the sole book-running manager for the offering.
  • The Company also has granted to the underwriter a 30-day option to purchase up to an additional 225,000 shares of common stock at the public offering price, less underwriting discounts and commissions.
  • The gross proceeds to NanoVibronix, before deducting underwriting discounts and commissions and offering expenses and assuming no exercise of the underwriter's option to purchase additional common stock, are expected to be approximately $1.5 million.

ArcLight Clean Transition Corp. Announces Pricing of $250 Million Initial Public Offering

Tuesday, September 22, 2020 - 11:15pm

Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant.

Key Points: 
  • Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant.
  • Citigroup Global Markets Inc. and Barclays Capital Inc. are serving as joint book-running managers for the offering.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 3,750,000 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 the net proceeds.

LEGEND BIOTECH ALERT: Bragar Eagel & Squire, P.C. is Investigating Legend Biotech Corporation on Behalf of Legend Biotech Stockholders and Encourages Investors to Contact the Firm

Wednesday, September 23, 2020 - 12:00am

NEW YORK, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Legend Biotech Corporation (NASDAQ: LEGN) on behalf of Legend Biotech stockholders.

Key Points: 
  • NEW YORK, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Legend Biotech Corporation (NASDAQ: LEGN) on behalf of Legend Biotech stockholders.
  • Our investigation concerns whether Legend Biotech has violated the federal securities laws and/or engaged in other unlawful business practices.
  • OnSeptember 21, 2020, Legend issued a press release announcing that its Chief Executive Officer, Dr. Fangliang Zhang, has been placed under residential surveillance by Chinese law enforcement authorities.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Laird Superfood Announces Pricing of Initial Public Offering

Tuesday, September 22, 2020 - 11:53pm

Laird Superfood, Inc. (Laird Superfood) today announced the pricing of its initial public offering of 2,650,000 shares of its common stock at a price of $22.00 per share.

Key Points: 
  • Laird Superfood, Inc. (Laird Superfood) today announced the pricing of its initial public offering of 2,650,000 shares of its common stock at a price of $22.00 per share.
  • Laird Superfood has granted the underwriters a 30-day option to purchase up to an additional 397,500 shares of its common stock to cover over allotments, if any, at the initial public offering price, less underwriting discounts and commissions.
  • Canaccord Genuity and Craig-Hallum Capital Group are acting as the joint book-running managers for the offering.
  • Laird Superfood, Inc. creates award-winning, plant-based superfood products that are both delicious and functional.

The Law Offices of Frank R. Cruz Announces Investigation of GoHealth, Inc. (GOCO) on Behalf of Investors

Tuesday, September 22, 2020 - 10:28pm

The Law Offices of Frank R. Cruz announces an investigation of GoHealth, Inc. (GoHealth or the Company) (NASDAQ: GOCO ) on behalf of investors concerning the Companys possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of GoHealth, Inc. (GoHealth or the Company) (NASDAQ: GOCO ) on behalf of investors concerning the Companys possible violations of federal securities laws.
  • In July 2020, GoHealth sold approximately 43.5 million shares of stock in its initial public stock offering (the "IPO"), at $21.00 per share raising almost $914 million in new capital.
  • On this news, the Company's stock price fell $1.99 per share, or 10%, to close at $17.03 per share on August 20, 2020, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Leading Edge Materials Reports Quarterly Results to July 31, 2020

Tuesday, September 22, 2020 - 9:30pm

The report for the fourth quarter ending October 31, 2020 is expected to be published on or about January 27, 2021.

Key Points: 
  • The report for the fourth quarter ending October 31, 2020 is expected to be published on or about January 27, 2021.
  • Critical raw materials are determined as such by the European Union based on their economic importance and supply risk.
  • Leading Edge Materials is listed on the TSXV under the symbol "LEM", OTCQB under the symbol "LEMIF" and Nasdaq First North Stockholm under the symbol "LEMSE".
  • The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Pierre Gagné, Chris Dougherty and Donald Sheldon Announce Acquisition of Additional MetalCorp Securities

Tuesday, September 22, 2020 - 9:31pm

THUNDER BAY, Ontario, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Mr. Pierre Gagn, Mr. Chris Dougherty and Mr. Donald Sheldon announce that on September 18, 2020 Mr. Gagn acquired ownership of or control over an additional 6,048,350 common shares (each, a Common Share) in the capital of MetalCorp Limited (MetalCorp or the Issuer) (TSXV: MTC), Mr. Dougherty acquired ownership of or control over an additional 6,740,166 Common Shares and Mr. Sheldon acquired ownership of or control over an additional 7,585,835 Common Shares, respectively, at a price of $0.03 per Common Share through settlement of debts with the Issuer.

Key Points: 
  • THUNDER BAY, Ontario, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Mr. Pierre Gagn, Mr. Chris Dougherty and Mr. Donald Sheldon announce that on September 18, 2020 Mr. Gagn acquired ownership of or control over an additional 6,048,350 common shares (each, a Common Share) in the capital of MetalCorp Limited (MetalCorp or the Issuer) (TSXV: MTC), Mr. Dougherty acquired ownership of or control over an additional 6,740,166 Common Shares and Mr. Sheldon acquired ownership of or control over an additional 7,585,835 Common Shares, respectively, at a price of $0.03 per Common Share through settlement of debts with the Issuer.
  • Mr. Gagn Mr. Dougherty and Mr. Sheldon have no present intention of acquiring additional securities of MetalCorp (other than with respect to the proposed acquisition of 729,500 Common Shares by Pierre Gagn Contracting Ltd. conditional on approval by disinterested shareholders of the Issuer which is being sought at a shareholders meeting currently scheduled to be held on December 8, 2020).
  • MetalCorp relied on the prospectus exemption provided in the National Instrument 45-106, section 2.14 Securities for Debt in respect of its issuance of the Common Shares.
  • For more information and to obtain a copy of the early warning reports required by securities legislation and filed on SEDAR under MetalCorps company profile at www.sedar.com , please contact: