Public offering

Gores Metropoulos II, Inc. Announces Pricing of $400 Million Initial Public Offering

Retrieved on: 
Tuesday, January 19, 2021
Banking, Professional services, Finance, Finance, Financial economics, Stock market, Corporate finance, Financial markets, Initial public offering, Subprime mortgage crisis, Underwriting, Citigroup, Security, Public offering, Short

Each unit consists of one share of the Companys Class A common stock and one-fifth of one warrant.

Key Points: 
  • Each unit consists of one share of the Companys Class A common stock and one-fifth of one warrant.
  • Deutsche Bank Securities Inc. and Citibank Global Markets 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 6,000,000 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.

Syros Announces Proposed Offering of Common Stock

Retrieved on: 
Tuesday, January 19, 2021
Oncology, Health, Genetics, Clinical trials, Pharmaceutical, Biotechnology, Finance, Corporate finance, Financial economics, Financial markets, Stock market, Stock, Syros, Public offering, NASDAQ

Syros Pharmaceuticals (NASDAQ:SYRS), a leader in the development of medicines that control the expression of genes, announced today that it is offering to sell shares of its common stock in an underwritten public offering.

Key Points: 
  • Syros Pharmaceuticals (NASDAQ:SYRS), a leader in the development of medicines that control the expression of genes, announced today that it is offering to sell shares of its common stock in an underwritten public offering.
  • Syros also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock sold in the offering on the same terms and conditions.
  • This press release contains forward-looking statements, including, without limitation, statements regarding the anticipated use of proceeds from the proposed offering if the offering is consummated.
  • There can be no assurance that Syros will be able to complete the proposed offering on the anticipated terms, or at all.

Fulcrum Therapeutics Announces Proposed Public Offering of Common Stock

Retrieved on: 
Tuesday, January 19, 2021
Initial public offering, Financial economics, Corporate finance, Finance, Financial markets, U.S. Securities and Exchange Commission, Prospectus, Public offering, Registration statement, Economy

CAMBRIDGE,Mass., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Fulcrum Therapeutics, Inc. (Nasdaq: FULC), a clinical-stage biopharmaceutical company focused on improving the lives of patients with genetically defined rare diseases, today announced that it has commenced an underwritten public offering of shares of its common stock.

Key Points: 
  • CAMBRIDGE,Mass., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Fulcrum Therapeutics, Inc. (Nasdaq: FULC), a clinical-stage biopharmaceutical company focused on improving the lives of patients with genetically defined rare diseases, today announced that it has commenced an underwritten public offering of shares of its common stock.
  • In addition, Fulcrum expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the public offering.
  • This offering is being made only by means of a prospectus and prospectus supplement that form a part of the registration statement.
  • There can be no assurance that the Company will be able to complete the proposed public offering on the anticipated terms, or at all.

Aclaris Announces Proposed Public Offering of Common Stock

Retrieved on: 
Tuesday, January 19, 2021
Finance, Financial economics, Stock market, Initial public offering, Corporate finance, Financial markets, Equity securities, Shelf registration, Stock, Public offering, Security, Greenshoe

All of the shares of common stock to be sold in the offering will be offered by Aclaris.

Key Points: 
  • All of the shares of common stock to be sold in the offering will be offered by Aclaris.
  • Aclaris also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering on the same terms and conditions.
  • The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering.
  • A shelf registration statement relating to the shares of common stock offered in the public offering described above was filed with theSecurities and Exchange Commission(SEC) onMarch 13, 2020 and declared effective by the SEC on April 29, 2020.

Shoals Technologies Group, Inc. Announces Launch of Initial Public Offering

Retrieved on: 
Tuesday, January 19, 2021
Corporate finance, Financial economics, Finance, Money, Offering, Public offering, Initial public offering, RoadShow

PORTLAND, Tenn., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the Company) today announced that it has launched the roadshow for the initial public offering of its Class A common stock.

Key Points: 
  • PORTLAND, Tenn., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the Company) today announced that it has launched the roadshow for the initial public offering of its Class A common stock.
  • The initial public offering price is expected to be between$19.00and$21.00per share.
  • The operating subsidiary will bear or reimburse the Company for all of the expenses of the initial public offering.
  • This press release contains forward looking statements, including statements regarding the initial public offering.

Qilian International Holding Group Limited Announces Full Exercise of Underwriters’ Over-Allotment Option

Retrieved on: 
Tuesday, January 19, 2021
Finance, Money, Financial markets, Stock market, Corporate finance, Initial public offering, Underwriting, Ticker symbol, Public offering

Gross proceeds of the Company's initial public offering, including the exercise of the overallotment, totaled $28.75 million, before deducting underwriting discounts and other related expenses.

Key Points: 
  • Gross proceeds of the Company's initial public offering, including the exercise of the overallotment, totaled $28.75 million, before deducting underwriting discounts and other related expenses.
  • The ordinary shares began trading on the Nasdaq Global Market on January 12, 2021 under the ticker symbol QLI.
  • Univest Securities, LLC acted as the representative of the underwriters and lead book-running manager for the Offering.
  • Qilian International Holding Group Limited, headquartered in Gansu, China, is a pharmaceutical and chemical products manufacturer in China.

Sistema PJSFC: Ad-Hoc Notice

Retrieved on: 
Monday, January 18, 2021
Finance, Money, Economy, Sistema, Legal entities, Depositary receipt, Bank, Security, London Stock Exchange, Public offering

Sistema PJSFC is a publicly-traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, high technology, banking, retail, forestry, real estate, tourism and healthcare services.

Key Points: 
  • Sistema PJSFC is a publicly-traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, high technology, banking, retail, forestry, real estate, tourism and healthcare services.
  • Its revenue in 2019 reached RUB 656.9bn; its total assets equalled RUB 1.3tn as of 31 December 2019.
  • Sistema's global depositary receipts are listed under the symbol "SSA" on the London Stock Exchange.
  • Sistema does not intend to register any portion of any offering of securities in the United States or to conduct a public offering of any securities in the United States.

Hamilton Lane Alliance Holdings I, Inc. Announces Closing of Initial Public Offering and Full Exercise of Overallotment Option

Retrieved on: 
Saturday, January 16, 2021
Initial public offering, Financial economics, Finance, Money, Corporate finance, Stock market, Cynwyd, Greenshoe, Underwriting, Bala Cynwyd, Pennsylvania, Bala, Public offering

BALA CYNWYD, Pa., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Hamilton Lane Alliance Holdings I, Inc. (the Company) today announced the closing of its upsized initial public offering of 27,600,000 units, which includes the exercise in full by the underwriters of their overallotment option to purchase up to an additional 3,600,000 units.

Key Points: 
  • BALA CYNWYD, Pa., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Hamilton Lane Alliance Holdings I, Inc. (the Company) today announced the closing of its upsized initial public offering of 27,600,000 units, which includes the exercise in full by the underwriters of their overallotment option to purchase up to an additional 3,600,000 units.
  • Total gross proceeds from the offering were $276 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company.
  • Each unit consists of one share of the Companys Class A common stock and one-third of one redeemable warrant.
  • The Companys sponsor is an affiliate of Hamilton Lane Advisors, L.L.C., the managing member of which is Hamilton Lane Incorporated (Nasdaq: HLNE), a leading private markets investment management firm.

Motorsport Games Inc. Announces Closing of Initial Public Offering and Exercise in Full of the Underwriters’ Option to Purchase Additional Shares

Retrieved on: 
Friday, January 15, 2021
Financial markets, Finance, Financial economics, Corporate finance, Stock market, Equity securities, Initial public offering, Stock, Public offering, Ticker symbol, Common stock

The offering consisted of 3,000,000 shares of its Class A common stock, as well as an additional 450,000 shares of Class A common stock pursuant to the exercise in full of the underwriters option to purchase additional shares of Class A Common Stock from Motorsport Games, at a public offering price of $20.00 per share.

Key Points: 
  • The offering consisted of 3,000,000 shares of its Class A common stock, as well as an additional 450,000 shares of Class A common stock pursuant to the exercise in full of the underwriters option to purchase additional shares of Class A Common Stock from Motorsport Games, at a public offering price of $20.00 per share.
  • The gross proceeds from the offering to Motorsport Games, before deducting underwriting discounts and commissions and other offering expenses payable by Motorsport Games, were approximately $69.0 million.
  • Motorsport Games Class A common stock is listed on the Nasdaq Capital Market under the ticker symbol MSGM.
  • Motorsport Games, a Motorsport Network company, combines innovative and engaging video games with exciting esports competitions and content for racing fans and gamers around the globe.

Driven Brands Holdings Inc. Announces Pricing of Initial Public Offering

Retrieved on: 
Friday, January 15, 2021
Financial markets, Financial economics, Finance, Corporate finance, Stock market, Initial public offering, Underwriting, Public offering, Stock, Greenshoe, Regulation S-K

CHARLOTTE, N.C., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Driven Brands Holdings Inc. (Driven Brands or the Company) today announced the pricing of its initial public offering of 31,818,182 shares of its common stock at a price to the public of $22.00 per share.

Key Points: 
  • CHARLOTTE, N.C., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Driven Brands Holdings Inc. (Driven Brands or the Company) today announced the pricing of its initial public offering of 31,818,182 shares of its common stock at a price to the public of $22.00 per share.
  • Driven Brands has granted the underwriters a 30-day option to purchase up to an additional 4,772,727 shares of its common stock at the initial public offering price, less underwriting discounts and commissions.
  • Driven Brands intends to use the proceeds from the offering and cash on hand to repay in full the outstanding indebtedness under certain credit facilities and to pay fees and expenses in connection with the offering.
  • This press release includes "forward looking information," including with respect to the initial public offering.