Subscription

Amundi Physical Metals plc: Final Terms

Retrieved on: 
Monday, September 6, 2021
Financial markets, Finance, Stock market, Economy, Security, Securities market, Issuer, Subscription, Bond, Geneva Securities Convention

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the "Metal Entitlement".
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.
  • Any early or final redemption of the ETC Securities of a Series will be settled in cash.

Cybin Announces Size and Pricing of Previously Announced Overnight Marketed Public Offering of Common Shares

Retrieved on: 
Wednesday, July 28, 2021
Mental health, Research, Clinical trials, Biotechnology, Alternative medicine, Health, Pharmaceutical, Other Science, Science, Initial public offering, Stock market, Financial economics, Finance, Greenshoe, Subscription, Economy

Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) (Cybin or the Company), a biotechnology company focused on progressing psychedelic therapeutics, announced today the pricing of its previously announced overnight marketed offering (the Offering) of an aggregate of 8,824,000 common shares in the capital of the Company (the Shares) at a price of $3.40 per Share for total gross proceeds of $30,001,600.

Key Points: 
  • Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) (Cybin or the Company), a biotechnology company focused on progressing psychedelic therapeutics, announced today the pricing of its previously announced overnight marketed offering (the Offering) of an aggregate of 8,824,000 common shares in the capital of the Company (the Shares) at a price of $3.40 per Share for total gross proceeds of $30,001,600.
  • The Over-Allotment Option may be exercised in whole or in part as determined by the Underwriters.
  • The Company intends to use the net proceeds from the Offering for general corporate and working capital purposes.
  • has neither approved nor disapproved the contents of this news release and is not responsible for the adequacy and accuracy of the contents herein.

Ryan Specialty Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares

Retrieved on: 
Monday, July 26, 2021
Insurance, Professional services, Financial markets, Financial economics, Initial public offering, Finance, Stock market, Corporate finance, Greenshoe, Stock, Public offering, Subscription, Underwriting, Prospectus

Ryan Specialty Group Holdings, Inc. (Ryan Specialty) today announced that the underwriters of the previously announced initial public offering of 56,918,278 shares of its Class A common stock exercised their option to purchase an additional 8,537,742 shares of Class A common stock from Ryan Specialty at the initial public offering price of $23.50 per share, less underwriting discounts and commissions.

Key Points: 
  • Ryan Specialty Group Holdings, Inc. (Ryan Specialty) today announced that the underwriters of the previously announced initial public offering of 56,918,278 shares of its Class A common stock exercised their option to purchase an additional 8,537,742 shares of Class A common stock from Ryan Specialty at the initial public offering price of $23.50 per share, less underwriting discounts and commissions.
  • Including the exercise of the over-allotment option, Ryan Specialty has issued a total of 65,456,020 shares, for gross proceeds of approximately $1.54 billion before deducting underwriting discounts and commissions.
  • Upon completion of the initial public offering and the consummation of the underwriters option to purchase additional shares and the application of the proceeds therefrom as described in the final prospectus, there will be 109,903,867 shares of Class A common stock outstanding.
  • The shares are listed for trading on the New York Stock Exchange under the symbol RYAN.

Stabilizing Actions and End of Stabilization Period in connection with the Global Offering

Retrieved on: 
Friday, July 23, 2021
Initial public offering, Financial markets, Finance, Financial economics, Stock market, Greenshoe, Prospectus, Immunotherapy, Subscription, Short

There has been no purchase or sale of any Shares on the market for the purpose of price stabilization by the Stabilizing Manager during the stabilization period.

Key Points: 
  • There has been no purchase or sale of any Shares on the market for the purpose of price stabilization by the Stabilizing Manager during the stabilization period.
  • For further details of the full exercise of the Over-allotment Option, please refer to the HUTCHMED announcement dated July 12, 2021.
  • It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases.
  • Potential investors should read the Prospectus for detailed information about the Company and the Global Offering before deciding whether or not to invest in the Offer Shares.

DGAP-News: Abivax announces the pricing of its oversubscribed capital increase of EUR 60m and convertible bonds of EUR 25m, totaling eur 85m new financing

Retrieved on: 
Friday, July 23, 2021
Finance, Financial economics, Corporate finance, Financial markets, Money, Convertible bond, Bond, Subscription

Abivax announces the pricing of its oversubscribed capital increase of EUR 60m and convertible bondsof EUR 25m, totaling eur 85m new financing

Key Points: 
  • Abivax announces the pricing of its oversubscribed capital increase of EUR 60m and convertible bondsof EUR 25m, totaling eur 85m new financing
    The issuer is solely responsible for the content of this announcement.
  • The additional cash needs of the Company (prior to the Transaction) for the upcoming 12 month period amount to EUR 100M, i.e.
  • In the absence of such financing, the Company could also envisage to adapt the launch timetable of the clinical trials for ABX464.
  • Bryan, Garnier & Co and J.P. Morgan AG acted as Joint Global Coordinators and Joint Bookrunners for the Capital Increase.

Belong Acquisition Corp. Announces Pricing of $150,000,000 Initial Public Offering

Retrieved on: 
Friday, July 23, 2021
Finance, Financial economics, Money, Financial District, San Francisco, Financial markets, Initial public offering, Stock market, Corporate finance, Wells Fargo, Underwriting, Security, Subscription

The closing of the offering is anticipated to take place on or about July 27, 2021, subject to customary closing conditions.

Key Points: 
  • The closing of the offering is anticipated to take place on or about July 27, 2021, subject to customary closing conditions.
  • Wells Fargo Securities, LLC and Loop Capital Markets LLC 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 2,250,000 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 initial public offering.

Drife Closes $2.7mm in Venture Token Funding, 30x Oversubscribed & Plans IDO & Uniswap Listing on Aug. 6th

Retrieved on: 
Tuesday, July 20, 2021
Procurement, Subscription

The private sale of $2.7 mm was oversubscribed by approximately $90mm (30x oversubscribed).

Key Points: 
  • The private sale of $2.7 mm was oversubscribed by approximately $90mm (30x oversubscribed).
  • Firdosh Sheikh , CEO of Drife stated "Our capital raise was oversubscribed by nearly $90mm and received interest from VCs and strategic partners in 6 continents.
  • Our upcoming IDO on Apollo-X with Uniswap listing is a first major step towards transforming the ride-sharing industry.
  • India-based Drife plans also plans to roll out its service in Asia & Europe later this year.

Asia Pacific Wire & Cable Corporation Ltd. Announces Plans for Rights Offering to Shareholders

Retrieved on: 
Friday, July 16, 2021
Corporate finance, Marketing, Economy, Rights issue, Microeconomics, Pre-emption right, Subscription business model, Subscription, Pay television, Corporate capitalism

If the rights offering is fully subscribed, the Company expects to receive gross proceeds of approximately $8.3 million before expenses.

Key Points: 
  • If the rights offering is fully subscribed, the Company expects to receive gross proceeds of approximately $8.3 million before expenses.
  • In the rights offering, the Company will distribute, at no charge to its shareholders, non-transferable subscription rights to purchase additional common shares of the Company.
  • The rights offering will include an over-subscription privilege, which will permit each rights holder that exercises its subscription rights in full the option to purchase additional common shares that remain unsubscribed at the expiration of the rights offering.
  • Asia Pacific Wire & Cable Corporation Limited is a holding company that operates our business through operating subsidiaries.

Inspira Technologies OXY B.H.N. Ltd Announces Closing of Initial Public Offering

Retrieved on: 
Friday, July 16, 2021
Financial economics, Finance, Money, Stock market, Initial public offering, Corporate finance, Equity securities, Options, Greenshoe, Warrant, Subscription, Underwriting

RA'ANANA, Israel, July 16, 2021 /PRNewswire/ -- Inspira Technologies OXY B.H.N.

Key Points: 
  • RA'ANANA, Israel, July 16, 2021 /PRNewswire/ -- Inspira Technologies OXY B.H.N.
  • The underwriter partially exercised its over-allotment option with respect to 436,363 warrants to purchase ordinary shares.
  • At the closing, the Company issued an aggregate of 2,909,091 ordinary shares and 3,345,454 warrants to purchase ordinary shares.
  • The gross proceeds of the offering were approximately $16 million before deducting underwriting discounts, commissions and offering expenses.

DGAP-News: Oldenburgische Landesbank AG: OLB successfully issued its first public additional tier 1 (AT1) bond

Retrieved on: 
Friday, July 16, 2021
Financial markets, Oldenburg Land, Oldenburgische Landesbank, OLB, AT1, Bond, Subscription, Finance, Economy, Government bonds

Oldenburgische Landesbank AG (OLB Bank) has successfully placed its inaugural AT1 bond with a broad range of national and international capital market investors.

Key Points: 
  • Oldenburgische Landesbank AG (OLB Bank) has successfully placed its inaugural AT1 bond with a broad range of national and international capital market investors.
  • The bond was issued through a syndicated process and the extensive investor interest (1.5 times oversubscribed) allowed OLB to meet its issuance target without any delays at an attractive price.
  • The Additional Tier 1 notes will improve OLB's Tier 1 and Total Capital ratios.
  • This is OLB's second public capital market issue in 2021, following its Covered Bond debut in March this year.