BMO Capital Markets

Life & Banc Split Corp. Announces Successful Overnight Offering

Retrieved on:

Thursday, April 18, 2024

Treasury, BMO Capital Markets, RBC Capital Markets, TSX, Fund, Scotiabank

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- (TSX: LBS, LBS.PR.A) Life & Banc Split Corp. (the “Fund”) is pleased to announce a successful overnight treasury offering of class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively). Gross proceeds of the offering are expected to be approximately $27.9 million. The offering is expected to close on or about April 25, 2024 and is subject to certain closing conditions. The Fund has granted the Agents (as defined below) an over-allotment option, exercisable for 30 days following the closing date of the offering, to purchase additional Class A Shares and Preferred Shares up to such number as is equal to 15% of the number of Class A Shares issued at the closing of the offering.

Key Points:

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- (TSX: LBS, LBS.PR.A) Life & Banc Split Corp. (the “Fund”) is pleased to announce a successful overnight treasury offering of class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively).
Gross proceeds of the offering are expected to be approximately $27.9 million.
The offering is expected to close on or about April 25, 2024 and is subject to certain closing conditions.
The Fund invests in a portfolio (the “Portfolio”) consisting of common shares of the six largest Canadian banks and the four major publicly traded Canadian life insurance companies:

Korro Announces $70 Million Private Placement

Retrieved on:

Thursday, April 18, 2024

Sale, Atlas, Atlas Venture, BMO Capital Markets, RBC Capital Markets, ZZ, Machine learning, RNA, PIPE, NEA, CNS, Patient, Liver, AATD

The PIPE is expected to close on April 22, 2024, subject to the satisfaction of customary closing conditions.

Key Points:

The PIPE is expected to close on April 22, 2024, subject to the satisfaction of customary closing conditions.
The PIPE was led by funds affiliated with Deep Track Capital, with participation from Atlas Venture, Blue Owl Healthcare Opportunities, NEA, Rock Springs Capital, Tri Locum Partners, and other leading healthcare investors.
Piper Sandler is acting as lead placement agent and RBC Capital Markets and BMO Capital Markets are acting as co-placement agents for the PIPE.
Pursuant to a registration rights agreement, Korro agreed to file a registration statement with the SEC covering the resale of the shares issued in the PIPE.

Lithium Americas Prices US$275 Million Underwritten Public Offering

Retrieved on:

Thursday, April 18, 2024

VANCOUVER, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced the pricing of its previously announced underwritten public offering (the “Offering”) of 55,000,000 of its common shares (the “Common Shares”) at a price to the public of $5.00 per Common Share (the “Issue Price”) for aggregate gross proceeds to the Company of $275,000,000.

Key Points:

VANCOUVER, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced the pricing of its previously announced underwritten public offering (the “Offering”) of 55,000,000 of its common shares (the “Common Shares”) at a price to the public of $5.00 per Common Share (the “Issue Price”) for aggregate gross proceeds to the Company of $275,000,000.
The Company intends to use the net proceeds of the Offering for advancing the construction and development of its Thacker Pass lithium project in Humboldt County, Nevada (“Thacker Pass”), as further described in the Prospectus Supplements.
The Offering will be made in the United States by way of a prospectus supplement (the “U.S.
The Prospectus Supplements, the Base Shelf Prospectuses and the Registration Statement contain important information about the Company and the proposed Offering.

Lithium Americas Announces Proposed Public Offering of Common Shares

Retrieved on:

Wednesday, April 17, 2024

Lithium, Goldman Sachs, Sale, Offering, Lithium Corporation of America, News, BMO Capital Markets, TSX, Indian stock exchange, Form, Equity capital markets, Evercore, Register, Attention, Telephone, Security (finance)

VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced that it intends to offer and sell, subject to market conditions, 55,000,000 of its common shares (the “Common Shares”) in an underwritten public offering (the “Offering”). All of the Common Shares to be sold in the Offering will be offered by Lithium Americas. The Offering is subject to market and other 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. Lithium Americas also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the Common Shares (the “Over-Allotment Option”).

Key Points:

VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced that it intends to offer and sell, subject to market conditions, 55,000,000 of its common shares (the “Common Shares”) in an underwritten public offering (the “Offering”).
All of the Common Shares to be sold in the Offering will be offered by Lithium Americas.
Lithium Americas also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the Common Shares (the “Over-Allotment Option”).
The Prospectus Supplements, the Base Shelf Prospectuses and the Registration Statement contain important information about the Company and the proposed Offering.

Real Estate Split Corp. Announces Successful Overnight Offering

Retrieved on:

Tuesday, April 16, 2024

Sale, Treasury, BMO Capital Markets, RBC Capital Markets, Marketing, TSX, Toronto Stock Exchange, Scotiabank, Security (finance)

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- Middlefield, on behalf of Real Estate Split Corp. (TSX: RS and RS.PR.A) (the “Company”), is pleased to announce a successful overnight treasury offering of class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively). Gross proceeds of the offering are expected to be approximately $9.5 million.

Key Points:

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- Middlefield, on behalf of Real Estate Split Corp. (TSX: RS and RS.PR.A) (the “Company”), is pleased to announce a successful overnight treasury offering of class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively).
Gross proceeds of the offering are expected to be approximately $9.5 million.
The offering is expected to close on or about Tuesday, April 23, 2024 and is subject to certain closing conditions including approval by the Toronto Stock Exchange.
The Company has been designed to provide investors with a diversified, actively managed, high conviction portfolio comprised of securities of leading North American real estate companies.

Calibre Announces Closing of C$115 Million Financing

Retrieved on:

Tuesday, April 16, 2024

Indian stock exchange, CXB, Offering, OTCQX, News, BMO Capital Markets, TSX, Exercise, Security (finance)

VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”) for aggregate gross proceeds of C$115,147,200.

Key Points:

VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”) for aggregate gross proceeds of C$115,147,200.
The Common Shares issued pursuant to the Offering were offered by way of a short form prospectus filed in all provinces and territories of Canada, except Québec.
This news release is not an offer to the public to subscribe for Common Shares or otherwise acquire Common Shares or other financial instruments in the Company.
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.

BRP and its Principal Shareholder Announce Bought Deal Secondary Offering

Retrieved on:

Monday, April 15, 2024

Sale, Offering, DOO, BMO Capital Markets, Hierarchy, TSX, BRP, Form, Toronto Stock Exchange, EDGAR, Telephone, ATTN:, Security (finance)

VALCOURT, Quebec, April 15, 2024 (GLOBE NEWSWIRE) -- BRP Inc. (TSX:DOO; NASDAQ:DOOO) (“BRP” or the “Company”) announced today that Bain Capital Integral Investors II, L.P. (“Bain” or the “Selling Shareholder”), and the Company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis (the "Offering").

Key Points:

VALCOURT, Quebec, April 15, 2024 (GLOBE NEWSWIRE) -- BRP Inc. (TSX:DOO; NASDAQ:DOOO) (“BRP” or the “Company”) announced today that Bain Capital Integral Investors II, L.P. (“Bain” or the “Selling Shareholder”), and the Company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis (the "Offering").
In connection with the Offering, the Company will file a preliminary prospectus supplement to its short form base shelf prospectus dated February 23, 2023.
The net proceeds of the Offering will be paid directly to the Selling Shareholder.
The Offering is being made only by means of the prospectus supplement and the registration statement which contain important information about the Offering.

E Split Corp. Announces Successful Overnight Offering

Retrieved on:

Friday, April 12, 2024

ENS, Sale, BMO Capital Markets, RBC Capital Markets, Marketing, TSX, Toronto Stock Exchange, Scotiabank, Security (finance)

TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Middlefield Group, on behalf of E Split Corp. (TSX: ENS and ENS.PR.A) (the “Company”), is pleased to announce a successful overnight treasury offering of class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively). Gross proceeds of the offering are expected to be approximately $53.2 million.

Key Points:

TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Middlefield Group, on behalf of E Split Corp. (TSX: ENS and ENS.PR.A) (the “Company”), is pleased to announce a successful overnight treasury offering of class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively).
Gross proceeds of the offering are expected to be approximately $53.2 million.
The offering is expected to close on or about Friday, April 19, 2024 and is subject to certain closing conditions including approval by the Toronto Stock Exchange.
Copies of the short form base shelf prospectus may be obtained from a member of the syndicate.

D.A. Davidson Adds Tim Ludwick, Enhancing Financial Sponsors Coverage

Retrieved on:

Thursday, April 25, 2024

Consulting, Banking, Professional Services, Finance, University, Investment banking, BMO Capital Markets, Business administration, Business, Bachelor of Business Administration, SunTrust Banks, Multimedia, Financial services

Davidson & Co. is pleased to share that its Investment Banking division has hired Tim Ludwick as Managing Director, bolstering the firm’s Capital Advisory Team and Financial Sponsors Group.

Key Points:

Davidson & Co. is pleased to share that its Investment Banking division has hired Tim Ludwick as Managing Director, bolstering the firm’s Capital Advisory Team and Financial Sponsors Group.
Davidson Investment Banking as Managing Director, bringing over 10 years of financial sponsors experience to the capital advisory team.
“Investing in our Financial Sponsors Group is a core strategic initiative for us, as this team works closely with our industry bankers to create trusted partnerships with financial sponsors and deliver robust deal coverage,” said Rory McKinney, President of D.A.
Davidson Investment Banking is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise.

Rubrik Announces Pricing of Upsized Initial Public Offering

Retrieved on:

Thursday, April 25, 2024

Rubrik, Inc. today announced the pricing of its upsized initial public offering of 23,500,000 shares of its Class A common stock at a public offering price of $32.00 per share.

Key Points:

Rubrik, Inc. today announced the pricing of its upsized initial public offering of 23,500,000 shares of its Class A common stock at a public offering price of $32.00 per share.
In addition, Rubrik has granted the underwriters a 30-day option to purchase up to an additional 3,525,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions.
KeyBanc Capital Markets, Cantor, CIBC Capital Markets, Capital One Securities, Wedbush Securities, and SMBC Nikko are acting as co-managers for the offering.
A registration statement related to the shares being sold in this offering was declared effective by the U.S. Securities and Exchange Commission on April 24, 2024.