Subscription business model

DIRTT Announces C$30,000,000 Rights Offering and Standby Commitment

Retrieved on: 
Tuesday, November 21, 2023
DRT, Eastern Time Zone, Sale, EDGAR, Record, Indian stock exchange, Form, Form S-1, Person, Date, Register, Subscription business model, Investment, Prospectus, TSX, Rights, Toronto Stock Exchange, Exercise, Security (finance)

CALGARY, Alberta, Nov. 21, 2023 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that its board of directors has approved a rights offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”).

Key Points: 
  • CALGARY, Alberta, Nov. 21, 2023 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that its board of directors has approved a rights offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”).
  • No standby fee will be paid to the Standby Purchasers in connection with the Rights Offering; however, DIRTT will reimburse the Standby Purchasers for their reasonable expenses in connection with the Standby Agreement up to a maximum of C$30,000.
  • Subject to the Standby Agreement, the Company reserves the right to modify any terms of the contemplated Rights Offering, or to postpone or cancel the Rights Offering, at any time prior to the listing of the Rights on the TSX.
  • Any offering of the securities under the Registration Statement related to the Rights Offering will only be made by means of a prospectus.

AngloGold Ashanti to Make a Strategic Investment in G2 Goldfields Inc.

Retrieved on: 
Tuesday, December 19, 2023
Mining, Minerals, Natural Resources, Documentation, Epidemic, Annual report, Mineral Resources Limited, Resource, Pandemic, Government, Guiana Shield, Form, Gold, Health, Public expenditure, AngloGold Ashanti, Accident, Risk, Communication, COVID-19, Radius, OKO, Subscription business model, F-4, Rare-earth element

G2 is actively exploring in Guyana, a country which hosts the Guiana Shield, one of the world’s most prospective gold provinces.

Key Points: 
  • G2 is actively exploring in Guyana, a country which hosts the Guiana Shield, one of the world’s most prospective gold provinces.
  • Commenting on the Subscription, Alberto Calderon, CEO of AngloGold Ashanti said, “This strategic investment in G2 will provide us with a strong position in one of the world’s key gold provinces with significant potential for new discoveries.
  • In this communication, AngloGold Ashanti relies on information publicly disclosed by G2 pertaining to the OKO Main Zone deposit and by Reunion Gold pertaining to the OKO West discovery.
  • AngloGold Ashanti has not independently verified this information and is not treating such information as a current estimate of Mineral Resources, Mineral Reserves or exploration results.

Results of PrimaryBid Offer

Retrieved on: 
Thursday, December 21, 2023
ANY, NAV, NOT, Issue, Official List, London Stock Exchange, The, FOR, Annual general meeting, Admission, Resolution, GRW, Euronext Dublin, Mass meeting, Fundraising, FCA, LON, Circular, Security (finance), Subscription business model

Molten Ventures plc (LON: GROW, Euronext Dublin: GRW) announced on 27 November 2023 the launch of a fundraise comprising a placing (the "Placing") and subscription (the "Subscription") in conjunction with an offer via PrimaryBid (the "PrimaryBid Offer") (together the "Fundraise") alongside an Offer for Subscription (together with the Fundraise, the "Issue").

Key Points: 
  • Molten Ventures plc (LON: GROW, Euronext Dublin: GRW) announced on 27 November 2023 the launch of a fundraise comprising a placing (the "Placing") and subscription (the "Subscription") in conjunction with an offer via PrimaryBid (the "PrimaryBid Offer") (together the "Fundraise") alongside an Offer for Subscription (together with the Fundraise, the "Issue").
  • The Company is pleased to announce that the PrimaryBid Offer successfully completed and closed at 3.00 p.m. yesterday.
  • A total of 888,888 New Ordinary Shares have been subscribed for at a price of 270 pence per New Ordinary Share (the "Issue Price") pursuant to the PrimaryBid Offer.
  • Following the successful closing of the PrimaryBid Offer, the Company has raised gross proceeds of £57.4 million via the Fundraise.

Information on the Total Number of Voting Rights (Denominator) following Conversion Notice from Atlas

Retrieved on: 
Sunday, November 19, 2023
Disclosure, Agreement, Cayman, USD, Capital commitment, Capital, EUR, Brussels Stock Exchange, Subscription business model, SRS, Atlas, Security (finance), Boston, Limited

Atlas Special Opportunities, LLC has converted 8 convertible bonds in Oxurion resulting in a EUR 200,000 capital increase.

Key Points: 
  • Atlas Special Opportunities, LLC has converted 8 convertible bonds in Oxurion resulting in a EUR 200,000 capital increase.
  • This is part of Atlas Special Opportunities, LLC’s EUR 20 million Capital Commitment1 that will allow Oxurion to focus on progressing its novel and differentiated back of the eye drug candidate targeting potential market opportunities of over USD 5 billion.
  • Following completion of the capital increase through the conversion of the convertible bonds, the total number of shares issued by Oxurion amounts to 3.489.458.972 outstanding ordinary shares carrying voting rights (compared to 3,247,913,079 outstanding ordinary shares previously).
  • This number will be used as the denominator for the calculation of the percentages of shareholdings.

Oxurion Receives EUR 1.0 Million under Amended Atlas Funding Program   Total of EUR 3.5 Million in Unconditional Funding Allowing Company to Reach Topline Data from KALAHARI Trial This Year

Retrieved on: 
Thursday, November 16, 2023
Patient, CET, DME, Advertiser-funded programming, EUR, Brussels Stock Exchange, Subscription business model, Diabetes, Paratriathlon, Pharmaceutical industry, Boston, Atlas

This is the third installment of the EUR 3.5 million in unconditional funding agreed with Atlas allowing the Company to reach the topline data of the Phase 2, Part B of the KALAHARI trial, expected by the end of this year.

Key Points: 
  • This is the third installment of the EUR 3.5 million in unconditional funding agreed with Atlas allowing the Company to reach the topline data of the Phase 2, Part B of the KALAHARI trial, expected by the end of this year.
  • Under the Funding Program, Atlas has committed to up to EUR 20 million in funding over a 24-month period, of which it has now subscribed to EUR 11.5 million, leaving a remainder of EUR 8.5 million.
  • Tom Graney, CEO of Oxurion, said: “We are very focused right now on reaching the key catalyst of reporting the topline data from the KALAHARI trial this year.
  • With the sustained support from Atlas, we expect to achieve that milestone without the need for additional capital.

Information on the Total Number of Voting Rights (Denominator) following Conversion Notice from Atlas

Retrieved on: 
Thursday, November 16, 2023
Disclosure, Agreement, Cayman, USD, Capital commitment, Capital, EUR, Brussels Stock Exchange, Subscription business model, SRS, Atlas, Security (finance), Boston, Limited

Atlas Special Opportunities, LLC has converted 4 convertible bonds in Oxurion resulting in a EUR 100,000 capital increase.

Key Points: 
  • Atlas Special Opportunities, LLC has converted 4 convertible bonds in Oxurion resulting in a EUR 100,000 capital increase.
  • This is part of Atlas Special Opportunities, LLC’s EUR 20 million Capital Commitment1 that will allow Oxurion to focus on progressing its novel and differentiated back of the eye drug candidate targeting potential market opportunities of over USD 5 billion.
  • Following completion of the capital increase through the conversion of the convertible bonds, the total number of shares issued by Oxurion amounts to 3,247,913,079  outstanding ordinary shares carrying voting rights (compared to 3,112,043,514 outstanding ordinary shares previously).
  • This number will be used as the denominator for the calculation of the percentages of shareholdings.

Bitcoin Depot Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023
Sale, Webcast, EBITDA, PIPE, Bitcoin ATM, Kum, Share repurchase, Adjustment, Partnership, Settlement, Subscription business model, Kum & Go, Bookkeeping, Cryptocurrency, Video game, Bitcoin

ATLANTA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the third quarter ended September 30, 2023. Bitcoin Depot will host a conference call and webcast at 11:00 a.m. ET today. An earnings presentation and link to the webcast will be made available at ir.bitcoindepot.com.

Key Points: 
  • Net Income of $1.1 Million, Down 68% Year-over-Year
    Adjusted EBITDA (non-GAAP) of $13.9 Million, Up 21% Year-over-Year
    ATLANTA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the third quarter ended September 30, 2023.
  • “Our results this quarter continue to demonstrate the strength of our business model and how we’re able to deliver strong results irrespective of the market environment or price of Bitcoin,” said Brandon Mintz, CEO and Founder of Bitcoin Depot.
  • Total operating expenses were $19.5 million for the third quarter of 2023, compared to $16.5 million for the third quarter of 2022.
  • Bitcoin Depot will hold a conference call at 11:00 a.m., Eastern time (8:00 a.m. Pacific time), today to discuss its financial results for the third quarter ended September 30, 2023.

IntelGenx Reminds Shareholders to Vote at Upcoming Special Meeting

Retrieved on: 
Monday, November 13, 2023
AMF, Call option, Minority, EDGAR, Condition subsequent, Exercise, Toronto Stock Exchange, NYSE Listed Company Manual, Proxy, Note, Proxy statement, IGX, Special, Subscription business model, Shareholder, Securities Financing Transactions Regulation, Regulation, Interest, TSX, Loan, Security (finance), Holding company, Share (finance)

SAINT LAURENT, Quebec, Nov. 13, 2023 (GLOBE NEWSWIRE) -- IntelGenx Technologies Corp. (TSX:IGX) (OTCQB:IGXT) (“IntelGenx” or the “Company”) wishes to remind its shareholders of record as of October 2, 2023 (the “Shareholders”) of the importance of a vote FOR the various proposals detailed below at the upcoming special meeting of Shareholders to be held on November 28, 2023 (the “Special Meeting”) as a virtual meeting only.

Key Points: 
  • SAINT LAURENT, Quebec, Nov. 13, 2023 (GLOBE NEWSWIRE) -- IntelGenx Technologies Corp. (TSX:IGX) (OTCQB:IGXT) (“IntelGenx” or the “Company”) wishes to remind its shareholders of record as of October 2, 2023 (the “Shareholders”) of the importance of a vote FOR the various proposals detailed below at the upcoming special meeting of Shareholders to be held on November 28, 2023 (the “Special Meeting”) as a virtual meeting only.
  • IntelGenx wishes to inform that the Company has been advised that the Autorité des marchés financiers (“AMF”) considers the Financing Transactions are subject to the minority vote prescribed by Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions.
  • As set out in the Proxy Statement, the board of directors of IntelGenx believes the Financing Transactions are in the best interest of the Company and unanimously recommends that the Shareholders vote “FOR” all matters put to a vote at the Special Meeting.
  • IntelGenx strongly encourages all Shareholders who would like to attend, participate and/or vote virtually online to carefully follow the procedures outlined in the Proxy Statement.

Roku Launches “All Things” Destinations for an Innovative One-Stop-Shop Discovery Experience

Retrieved on: 
Thursday, November 30, 2023
Hardware, Content Marketing, Online, Consumer Electronics, Technology, Audio, Video, Marketing, Advertising, Communications, Apps, Applications, TV and Radio, Media, Software, Entertainment, Digital Marketing, Internet, Home screen, Love, Food, Subscription business model, Collection, Hypothesis, Multimedia, The Harris Poll, Habit, Sport, Roku, Inc., Television, Mobile phone, Roku

View the full release here: https://www.businesswire.com/news/home/20231130089865/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231130089865/en/
    Roku gives millions of users instant access to content from across the platform in new cohesive TV viewing destinations.
  • Similarly, the home and garden lovers never stop at one source for tips and inspiration,” said Charlie Collier, President, Roku Media.
  • “Now all passionate food and home lovers can get everything they need with All Things Food and All Things Home, all in one place: Roku.
  • Today’s announcement expands on previously announced user-favorite destinations on the Roku platform, including live TV, sports, and more.

RumbleOn Announces Extension of $100 Million Rights Offering Subscription Period

Retrieved on: 
Wednesday, November 22, 2023
Motor Sports, Technology, Sports, Automotive, Other Automotive, Software, Extreme Sports, Recreational Vehicles, Retail, Online Retail, Sale, Rights, Date, Common stock, FC Volna Pinsk, Eligibility, Class, Prospectus, Subscription business model, Register, Registration statement, Holding company

Each Subscription Right entitles Eligible Stockholders to purchase 1.078444 shares of the Company’s Class B common stock at the Subscription Price of $5.50 per share.

Key Points: 
  • Each Subscription Right entitles Eligible Stockholders to purchase 1.078444 shares of the Company’s Class B common stock at the Subscription Price of $5.50 per share.
  • The Rights Offering is fully backstopped pursuant to a standby purchase agreement between the Company and certain of its stockholders.
  • The Registration Statement relating to the Rights Offering has been filed with the U.S. Securities and Exchange Commission ("SEC"), and became effective on November 13, 2023.
  • The Company reserves the right to cancel or terminate the Rights Offering at any time.