Greenshoe

NanoVibronix Announces $1.5 Million Bought Deal Offering

Tuesday, September 22, 2020 - 11:11pm

The closing of the offering is expected to occur on or about September 25, 2020, subject to satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about September 25, 2020, subject to satisfaction of customary closing conditions.
  • H.C. Wainwright& Co. is acting as the sole book-running manager for the offering.
  • The Company also has granted to the underwriter a 30-day option to purchase up to an additional 225,000 shares of common stock at the public offering price, less underwriting discounts and commissions.
  • The gross proceeds to NanoVibronix, before deducting underwriting discounts and commissions and offering expenses and assuming no exercise of the underwriter's option to purchase additional common stock, are expected to be approximately $1.5 million.

REPAY Announces Closing of Over-Allotment Option in Public Offering of Common Stock

Tuesday, September 22, 2020 - 9:05pm

Repay Holdings Corporation (NASDAQ: RPAY) (REPAY or the Company) today announced that the underwriter of its previously announced registered underwritten public offering of 13,000,000 shares of its Class A common stock fully exercised its over-allotment option to purchase an additional 1,364,816 shares of Class A common stock from the Company.

Key Points: 
  • Repay Holdings Corporation (NASDAQ: RPAY) (REPAY or the Company) today announced that the underwriter of its previously announced registered underwritten public offering of 13,000,000 shares of its Class A common stock fully exercised its over-allotment option to purchase an additional 1,364,816 shares of Class A common stock from the Company.
  • The offering of the additional shares of Class A common stock pursuant to the over-allotment option closed today.
  • The closing of the over-allotment option, combined with the previously announced registered underwritten public offering of 13,000,000 shares of Class A common stock, resulted in an aggregate increase to the Companys public float of Class A common stock by 14,364,816 shares.
  • As a result of the closing of the over-allotment option and the application of the offering proceeds, Corsair and its affiliated funds no longer hold an equity stake in the Company.

North Mountain Merger Corp. Completes $132.25 Million Initial Public Offering

Tuesday, September 22, 2020 - 4:32pm

NEW YORK and PHILADELPHIA, Sept. 22, 2020 (GLOBE NEWSWIRE) -- North Mountain Merger Corp. (the Company) announced the closing of its initial public offering of 13,225,000 units, which includes 1,725,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option.

Key Points: 
  • NEW YORK and PHILADELPHIA, Sept. 22, 2020 (GLOBE NEWSWIRE) -- North Mountain Merger Corp. (the Company) announced the closing of its initial public offering of 13,225,000 units, which includes 1,725,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option.
  • The offering was priced at $10.00 per unit, resulting in gross proceeds of $132,250,000, 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-half of one redeemable warrant.
  • Citigroup Global Markets Inc. acted as sole book-running manager and sole underwriter for the offering.

Nuvei Corporation Announces Closing of US$833 Million Initial Public Offering and Concurrent Private Placement

Tuesday, September 22, 2020 - 2:28pm

The treasury offering includes the exercise in full by the underwriters of their over-allotment option to purchase up to 4,038,462 additional subordinate voting shares.

Key Points: 
  • The treasury offering includes the exercise in full by the underwriters of their over-allotment option to purchase up to 4,038,462 additional subordinate voting shares.
  • Concurrently with the closing of its initial public offering, the Company also closed a direct private placement of 1,094,132 additional subordinate voting shares to certain employees, customers, suppliers and other business partners outside Canada for aggregate gross proceeds of US$28.4 million.
  • Nuveis subordinate voting shares are listed on the Toronto Stock Exchange in Canadian dollars under the symbol NVEI and in U.S. dollars under the symbolNVEI.U.
  • We provide the intelligence and technology businesses need to succeed locally and globally, through one integration propelling them further, faster.

Shopify Announces Closing of Underwriters’ Over-Allotment Option in Connection with Offering of Class A Subordinate Voting Shares

Tuesday, September 22, 2020 - 2:36pm

Shopify Inc. (NYSE:SHOP)(TSX:SHOP) (Shopify) today announced that, in connection with its recent public offering of 1,100,000 Class A subordinate voting shares completed on September 18, 2020 (the Offering), the underwriters in the Offering exercised their option (the Over-Allotment Option) in full to purchase an additional 165,000 Class A subordinate voting shares (the Additional Shares).

Key Points: 
  • Shopify Inc. (NYSE:SHOP)(TSX:SHOP) (Shopify) today announced that, in connection with its recent public offering of 1,100,000 Class A subordinate voting shares completed on September 18, 2020 (the Offering), the underwriters in the Offering exercised their option (the Over-Allotment Option) in full to purchase an additional 165,000 Class A subordinate voting shares (the Additional Shares).
  • The sale of the Additional Shares was completed today, and brings the aggregate gross proceeds from the Offering to US$1,138,500,000, before underwriting discounts and offering costs.
  • The Offering was led by Citigroup, Goldman Sachs & Co. LLC and Credit Suisse, with RBC Capital Markets acting as Co-Manager.
  • Shopify is a leading global commerce company, providing trusted tools to start, grow, market, and manage a retail business of any size.

Protara Therapeutics Announces Pricing of $147.6 Million of Securities in Concurrent Public Offerings of Common Stock and Preferred Stock

Tuesday, September 22, 2020 - 1:12pm

The public offering price of each share of common stock is $16.87 and the public offering price of each share of Series 1 preferred stock is $16,873.54.

Key Points: 
  • The public offering price of each share of common stock is $16.87 and the public offering price of each share of Series 1 preferred stock is $16,873.54.
  • In addition, Protara has granted the underwriters a 30-day option to purchase additional shares of common stock of up to 15% of the aggregate number of shares offered in the common stock offering.
  • Oppenheimer & Co. is acting as lead manager for the Offerings and H.C. Wainwright & Co. is acting as co-manager for the Offerings.
  • Protara expects to receive combined gross proceeds of $147.6 million from the Offerings, before deducting underwriting discounts and offering expenses.

Alexander Capital, L.P. Congratulates Muscle Maker, Inc. on its $5.6 Million Follow-On Offering

Tuesday, September 22, 2020 - 1:00pm

Alexander Capital and Kingswood Capital Markets acted as joint bookrunners for the offering which was priced on September 10, 2020.

Key Points: 
  • Alexander Capital and Kingswood Capital Markets acted as joint bookrunners for the offering which was priced on September 10, 2020.
  • In conjunction with the offering, Muscle Maker, Inc. issued 3,294,118 shares of the companys common stock at $1.70 per share.
  • In addition, Muscle Maker, Inc. has granted the underwriters a 45-day option to purchase an additional 494,118 shares as part of the offerings over-allotment.
  • In total, Alexander Capital and Kingswood Capital Market raised a total of $5.6 million in Muscle Maker, Inc.s follow-on offering.

Accel Entertainment, Inc. Announces Proposed Public Offering of Class A-1 Common Stock

Monday, September 21, 2020 - 10:21pm

The Company intends to grant the underwriters a 30-day option to purchase up to an additional 320,237 shares of Class A-1 Common Stock and the selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1,479,763 shares of Class A-1 Common Stock.

Key Points: 
  • The Company intends to grant the underwriters a 30-day option to purchase up to an additional 320,237 shares of Class A-1 Common Stock and the selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1,479,763 shares of Class A-1 Common Stock.
  • Accel will not receive any proceeds from the sale of Class A-1 Common Stock offered by the selling stockholders.
  • 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.
  • Accel intends to use the net proceeds it receives from the offering for general corporate purposes.

Implantica's offering was substantially oversubscribed - trading of the Swedish Depository Receipts on Nasdaq First North Premier Growth Market in Stockholm commences today, 21 September 2020

Monday, September 21, 2020 - 7:44am

The offering, including the Overallotment Option, consists of 19,461,537 Swedish Depository Receipts ("SDRs"), representing newly issued class A shares in Implantica (the "Offering").

Key Points: 
  • The offering, including the Overallotment Option, consists of 19,461,537 Swedish Depository Receipts ("SDRs"), representing newly issued class A shares in Implantica (the "Offering").
  • The Offering attracted very strong interest from both Swedish and international institutions as well as the general public in Sweden and was substantially oversubscribed.
  • This corresponds to a market value of the total number of SDRs in Implantica of approximately SEK 4,190 million.
  • Trading of the SDRs in Implantica on Nasdaq First North Premier Growth Market will commence today 21 September 2020 under the ticker "IMP A SDB" (ISIN: SE0014855029).

Burgundy Technology Acquisition Corp Announces Closing of Underwriters’ Over-Allotment Option In Connection With Its Initial Public Offering

Friday, September 18, 2020 - 3:20pm

The Companys units are listed on the Nasdaq Capital Market (Nasdaq) and commenced trading under the ticker symbol BTAQU on August 27, 2020.

Key Points: 
  • The Companys units are listed on the Nasdaq Capital Market (Nasdaq) and commenced trading under the ticker symbol BTAQU on August 27, 2020.
  • Of the proceeds received from the consummation of the initial public offering, the full exercise of the over-allotment option and private placements of units, $346,725,000 was placed in trust.
  • This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and the anticipated use of the net proceeds.
  • No assurance can be given that the net proceeds of the offering will be used as indicated.