Convertible | Jotup

Liberty Media Announces Adjustment to the Media Component of the Securities Basket for its 1.375% Cash Convertible Senior Notes Due 2023

Retrieved on:

Thursday, July 20, 2023

Liberty Media Corporation (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK) (“Liberty”) today announced an adjustment to the Media Component (as defined in the Supplemental Indenture, dated as of April 15, 2016 (the “Supplemental Indenture”), between Liberty and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee) of the Securities Basket underlying its 1.375% Cash Convertible Senior Notes due 2023 (the “Cash Convertible Notes”).

Key Points:

Liberty Media Corporation (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK) (“Liberty”) today announced an adjustment to the Media Component (as defined in the Supplemental Indenture, dated as of April 15, 2016 (the “Supplemental Indenture”), between Liberty and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee) of the Securities Basket underlying its 1.375% Cash Convertible Senior Notes due 2023 (the “Cash Convertible Notes”).
The Media Component is now 0.2547 of a share of Series A Liberty Formula One Common Stock.
The adjustment to the Media Component was made pursuant to Section 12.04(c) of the Supplemental Indenture for the Cash Convertible Notes.
In accordance with Section 12.04(c) of the Supplemental Indenture for the Cash Convertible Notes, the Media Component adjustment became effective immediately prior to the open of business on July 20, 2023.

Osisko Metals Announces Successful Closing of Previously-Announced Acquisition of the Gaspé Copper Project

Retrieved on:

Monday, July 17, 2023

Robert Wares, Chairman & CEO of Osisko Metals, commented: "The acquisition of the Gaspé Copper Project is a milestone for the Company that provides shareholders with significant copper exposure in the mining-friendly province of Québec.

Key Points:

Robert Wares, Chairman & CEO of Osisko Metals, commented: "The acquisition of the Gaspé Copper Project is a milestone for the Company that provides shareholders with significant copper exposure in the mining-friendly province of Québec.
Glencore did not own or control, directly or indirectly, any securities of Osisko Metals immediately prior to the closing of the Transaction.
Osisko Metals will make a cash payment of US$20.0 million to Glencore upon the commencement of commercial production at Gaspé Copper.
Osisko Metals has entered into an offtake agreement with Glencore to purchase 100% of the concentrates produced at Gaspé Copper.

ICR to Host Virtual Industry Outlook on Healthcare Finance Landscape

Retrieved on:

Monday, July 17, 2023

Professional Services, Health, Communications, Other Health, Finance, Consulting, Public Relations, Investor Relations, PIPES, Environment, ICR, Capital market, Convertible

ICR, a leading strategic communications and advisory firm, today announced that it will host a virtual ICR Industry Outlook focused on the healthcare finance landscape on Friday, July 21, 2023 at 12:00 PM ET.

Key Points:

ICR, a leading strategic communications and advisory firm, today announced that it will host a virtual ICR Industry Outlook focused on the healthcare finance landscape on Friday, July 21, 2023 at 12:00 PM ET.
The event will convene key thought leaders focused on healthcare equity capital markets, who will address important issues and considerations for healthcare companies in a challenging financing environment.
“This discussion will be very timely as those conditions evolve and more healthcare companies weigh their financing options, from private fundraising to initial public offerings and beyond.
We look forward to the insights that this carefully curated group of healthcare finance leaders will offer attendees.”
For more information and to register for the event, please visit:

LION ELECTRIC ANNOUNCES FINANCING TRANSACTIONS FOR APPROXIMATE AGGREGATE GROSS PROCEEDS OF US$142 MILLION

Retrieved on:

Monday, July 17, 2023

Combined financing transactions representing aggregate gross proceeds of approximately US$142 million provides flexibility to execute growth plans;

Key Points:

Combined financing transactions representing aggregate gross proceeds of approximately US$142 million provides flexibility to execute growth plans;
Company to extend the maturity of its senior credit facilities by one year to August, 2025 concurrently with closing;
Company to cancel its ATM program.
MONTREAL, July 17, 2023 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today that the Company has entered into subscription agreements with investors contemplating concurrent financing transactions for aggregate gross proceeds to the Company of approximately US$142 million (the "Financing").
"This financing transaction represents a key milestone for Lion, as it provides us with flexibility to execute our growth plans.
assuming only IQ converts its Convertible Debentures into Common Shares and no other share issuance by the Company), prior to the date of closing of the Financing.

BTIG Investment Banking Adds Forrest Koenig, CFA as Head of Equity-Linked Capital Markets

Retrieved on:

Thursday, July 13, 2023

Banking, Professional Services, Finance, Piper Sandler Companies, Initial public offering, Convertible, Knowledge, Investment banking, Entrepreneurship, Wall Street, ATM, Capital market, Roman Catholic Diocese of La Crosse, Security (finance)

BTIG announced today that it has hired Forrest Koenig as Managing Director and Head of Equity-Linked Capital Markets within its Investment Banking division.

Key Points:

BTIG announced today that it has hired Forrest Koenig as Managing Director and Head of Equity-Linked Capital Markets within its Investment Banking division.
Prior to BTIG, he was a Managing Director and Head of Convertible and Equity-Linked Capital Markets at JMP Securities.
“We are excited to welcome Forrest to our leadership team as the Head of Equity-Linked Capital Markets,” said Scott Kovalik, Co-Founder and Chief Executive Officer of BTIG.
“His extensive knowledge of the industry and wide-ranging professional connections make him an excellent fit for the firm as we continue to build out our investment banking and capital markets divisions.”
BTIG’s investment banking products include mergers and acquisitions, capital markets advisory, IPOs, follow-on offerings, ATMs, SPACs, private placements, convertibles, debt, buybacks, liquidity solutions, venture capital, private equity and private capital.

Median Technologies Reports Its Business Activity for the First Half of 2023 and Announces the First Step of Its Refinancing Plan

Retrieved on:

Wednesday, July 12, 2023

Median Technologies (Euronext Growth - ALMDT) reports today its business indicators for the first half of 2023 for the iCRO activity (non-audited figures) and the iBiopsy® activity.

Key Points:

Median Technologies (Euronext Growth - ALMDT) reports today its business indicators for the first half of 2023 for the iCRO activity (non-audited figures) and the iBiopsy® activity.
"When it comes to our iBiopsy® LCS CADe/CADx Software as Medical Device, the design of our pivotal validation plan has been finalized since March 2023.
In Q2 2023, the Company's revenue stands at €5.8M, up by 3.6% from Q1 2023 and 13.7% compared to Q4 2022 revenue.
As at June 30, 2023, Median Technologies' cash and cash equivalents stand at €8.3M, compared to €13.1M at March 31, 2023, i.e.

SOPERIOR FERTILIZER PROVIDES UPDATE ON NOTICE OF DEFAULT

Retrieved on:

Tuesday, July 11, 2023

TSX Venture Exchange, JV, SOP, National Social Security Fund (Kenya), NEX, Convertible

Toronto, ON, Canada, July 11, 2023 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H).

Key Points:

Toronto, ON, Canada, July 11, 2023 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H).
On June 29, 2023 the Company received a notice of default from Lind Asset Management VII, LLC, a fund managed by The Lind Partners, LLC (collectively, “Lind”) with respect to its Convertible Security Funding Agreement dated December 16, 2016, as amended (the “CSFA”).
Lind’s default notice is requesting that the Company pay the principal and interest due and outstanding under the CSFA.
Although the Company’s proposed JV partner, Argos Investment Partners, had informed SOP that it was committed to remedying the default notice by the July 10, 2023 deadline, it failed to do so.

INX TO FACILITATE CONVERTIBLE CONCEPTS NORTH AMERICA'S (CCNA) SECURITY TOKEN OFFERING

Retrieved on:

Wednesday, July 5, 2023

Blockchain, Carbon footprint, ATS, Mobility as a service, INX, AB, OTCQB, CCNA, CO2, Transport, ROI, NEO, Convertible, Software, Cryptocurrency

With $15 million already raised, the SEC-regulated security token is available for a $2,000 minimum investment starting today.

Key Points:

With $15 million already raised, the SEC-regulated security token is available for a $2,000 minimum investment starting today.
Convertible Concepts solves the automotive transportation industry's big problem of single use equipment which leads to empty return trips of vehicle transporting trailers.
The CCNA token is offering its token holder group 40% of total CCNA profits in North America without a cap on ROI.
The INX.One platform is the only fully-regulated platform for listing and trading both SEC-registered security tokens and cryptocurrencies.

INX TO FACILITATE CONVERTIBLE CONCEPTS NORTH AMERICA'S (CCNA) SECURITY TOKEN OFFERING

Retrieved on:

Wednesday, July 5, 2023

Blockchain, Carbon footprint, ATS, Mobility as a service, INX, AB, OTCQB, CCNA, CO2, Transport, ROI, NEO, Convertible, Software, Cryptocurrency

With $15 million already raised, the SEC-regulated security token is available for a $2,000 minimum investment starting today.

Key Points:

With $15 million already raised, the SEC-regulated security token is available for a $2,000 minimum investment starting today.
Convertible Concepts solves the automotive transportation industry's big problem of single use equipment which leads to empty return trips of vehicle transporting trailers.
The CCNA token is offering its token holder group 40% of total CCNA profits in North America without a cap on ROI.
The INX.One platform is the only fully-regulated platform for listing and trading both SEC-registered security tokens and cryptocurrencies.

ICR, the Leading SPAC Communications and Advisory Firm, Publishes its July 2023 SPAC Market Update & Outlook

Retrieved on:

Wednesday, July 5, 2023

Other Communications, Finance, Consulting, Public Relations, Investor Relations, Marketing, Advertising, Communications, Professional Services, Media, Initial public offering, PIPES, IPO, ICR, Convertible, Security (finance), Q2, Roman Catholic Diocese of La Crosse

ICR , a leading strategic communications and advisory firm, today released its July 2023 SPAC Market Update & Outlook report.

Key Points:

ICR , a leading strategic communications and advisory firm, today released its July 2023 SPAC Market Update & Outlook report.
During Q2 2023, 10 companies completed SPAC mergers, down from 28 in Q1, and the slowest quarter for closed SPAC mergers in nearly three years.
“Furthermore, the SPAC PIPE market is still open for high-quality companies as well as those with sponsor or affiliate support.
To obtain a copy of ICR’s July 2023 SPAC Market Update & Outlook report, please click here .