Greenshoe

Identiv Announces Launch of Public Offering of Common Stock

Retrieved on: 
Wednesday, April 7, 2021

FREMONT, Calif., April 07, 2021 (GLOBE NEWSWIRE) -- Identiv, Inc. (Nasdaq: INVE) today announced that it intends to offer shares of its common stock for sale in an underwritten public offering.

Key Points: 
  • FREMONT, Calif., April 07, 2021 (GLOBE NEWSWIRE) -- Identiv, Inc. (Nasdaq: INVE) today announced that it intends to offer shares of its common stock for sale in an underwritten public offering.
  • All of the shares in the offering are being offered by Identiv.
  • In addition, Identiv expects to grant the underwriters a 30-day option to purchase up to an additional 15% of shares of its common stock on the same terms and conditions.
  • 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.

Otonomy Announces Proposed Public Offering

Retrieved on: 
Wednesday, April 7, 2021

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

Key Points: 
  • All shares of common stock to be sold in the offering will be offered by Otonomy.
  • Otonomy may, in lieu of common stock, offer and sell to certain investors pre-funded warrants to purchase shares of its common stock in the underwritten public offering.
  • In addition, Otonomy expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in this public offering.
  • 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.

Astrotech Announces $10 Million Bought Deal Offering of Common Stock

Retrieved on: 
Wednesday, April 7, 2021

The closing of the offering is expected to occur on or about April 12, 2021, subject to satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about April 12, 2021, subject to satisfaction of customary closing conditions.
  • The Company also has granted to the underwriter a 30-day option to purchase up to an additional 1,000,000 shares of common stock at the public offering price, less underwriting discounts and commission.
  • The gross proceeds of the offering are expected to be approximately $10 million, before deducting underwriting discounts and commissions and offering expenses payable by Astrotech and assuming no exercise of the option to purchase additional shares.
  • Astrotech intends to use the net proceeds of the offering for general corporate purposes, working capital, and capital expenditures.

MACOM Announces Execution of ‘Greenshoe’ Option to Purchase Additional $50 Million of Convertible Senior Notes

Retrieved on: 
Wednesday, April 7, 2021

MACOM Technology Solutions Holdings, Inc. (MACOM) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced that the initial purchaser in the companys recent convertible notes offering transaction has exercised its option to purchase an additional $50.0 million of convertible senior notes (the Notes) in connection with its March 22, 2021 announced $400 million convertible notes offering.

Key Points: 
  • MACOM Technology Solutions Holdings, Inc. (MACOM) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced that the initial purchaser in the companys recent convertible notes offering transaction has exercised its option to purchase an additional $50.0 million of convertible senior notes (the Notes) in connection with its March 22, 2021 announced $400 million convertible notes offering.
  • The Greenshoe provided the initial purchaser the option to purchase up to $60 million additional Notes under the same terms.
  • No additional Notes will be issued, resulting in a total of $450 million convertible senior notes being issued.
  • MACOM intends to use the incremental net proceeds for further repayment of outstanding term loans.

Phreesia Announces Proposed Public Offering of Common Stock

Retrieved on: 
Tuesday, April 6, 2021

Phreesia, Inc. (Phreesia) (NYSE: PHR), a leading patient intake management platform, announced today that it has commenced an underwritten public offering of 4,500,000 shares of its common stock (the Offering), to be offered by the Company.

Key Points: 
  • Phreesia, Inc. (Phreesia) (NYSE: PHR), a leading patient intake management platform, announced today that it has commenced an underwritten public offering of 4,500,000 shares of its common stock (the Offering), to be offered by the Company.
  • In addition, the Company expects to grant to the underwriters an option for 30 days to purchase up to 675,000 additional shares of common stock at the public offering price, less underwriting discounts.
  • The Offering is subject to market and other conditions, and there can be no assurances as to whether or when the Offering may be completed, or as to the actual size and terms of the offering.
  • J.P. Morgan and William Blair are acting as joint book-running managers for the Offering and as representatives of the underwriters.

UCT Announces Launch of Public Offering of Common Stock

Retrieved on: 
Monday, April 5, 2021

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

Key Points: 
  • All of the shares of common stock to be sold in the offering will be offered by the Company.
  • In addition, the Company expects to grant the underwriters a 30-day option to purchase additional shares of Ultra Clean's common stock at the public offering price, less the underwriting discount.
  • The offering is subject to market 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.
  • Forward looking statements included in this press release include our expectations with respect to the completion, timing, size and use of proceeds of the proposed public offering.

Alkami Announces Launch of Initial Public Offering

Retrieved on: 
Monday, April 5, 2021

PLANO, Texas, April 5, 2021 /PRNewswire/ --Alkami Technology, Inc. ("Alkami"), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today the launch of its initial public offering of 6,000,000 shares of its common stock.

Key Points: 
  • PLANO, Texas, April 5, 2021 /PRNewswire/ --Alkami Technology, Inc. ("Alkami"), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced today the launch of its initial public offering of 6,000,000 shares of its common stock.
  • The underwriters of the offering will also have a 30-day option to purchase up to 900,000 additional shares of common stock from Alkami at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is currently expected to be between $22 and $25 per share.
  • Goldman Sachs & Co. LLC, J.P. Morgan and Barclays will act as joint lead book-running managers for the offering.

Frontier Announces Pricing of Initial Public Offering

Retrieved on: 
Thursday, April 1, 2021

DENVER, March 31, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Frontier) today announced the pricing of its initial public offering of 30 million shares of its common stock at a price to the public of $19.00 per share.

Key Points: 
  • DENVER, March 31, 2021 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (Frontier) today announced the pricing of its initial public offering of 30 million shares of its common stock at a price to the public of $19.00 per share.
  • The offering consists of 15 million shares of common stock offered by Frontier and 15 million shares of common stock to be sold by certain of Frontiers existing stockholders.
  • A selling stockholder has granted the underwriters a 30-day option to buy an additional 4.5 million shares of common stock from such selling stockholder at the initial public offering price, less the underwriting discount and commissions.
  • Frontier will receive net proceeds of approximately $266 million after deducting the underwriting discount and commissions and estimated offering expenses.

Universe Pharmaceuticals INC Announces Full Exercise of Underwriter’s Over-Allotment Option in the Public Offering

Retrieved on: 
Wednesday, March 31, 2021

The exercise of the over-allotment option has closed on March 31, 2021.

Key Points: 
  • The exercise of the over-allotment option has closed on March 31, 2021.
  • Univest Securities, LLC acted as the underwriter and book-running manager for the Offering.
  • In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC's website at www.sec.gov .
  • Universe Pharmaceuticals INC, headquartered in Jian, Jiangxi, China, is a pharmaceutical producer and distributor in China.

ProQR Prices $90 Million Underwritten Public Offering of Ordinary Shares

Retrieved on: 
Wednesday, March 31, 2021

All of the shares are being offered by ProQR.In addition, ProQR has granted the underwriters a 30-day option to purchase up to 2,076,923 additional ordinary shares at the public offering price, less underwriting discounts and commissions.

Key Points: 
  • All of the shares are being offered by ProQR.In addition, ProQR has granted the underwriters a 30-day option to purchase up to 2,076,923 additional ordinary shares at the public offering price, less underwriting discounts and commissions.
  • Gross proceeds from the offering are expected to be approximately $90 million, assuming no exercise of the underwriters option to purchase additional shares.
  • These forward-looking statements include, but are not limited to, statements about the completion, timing and size of the offering of ProQRs ordinary shares.
  • There can be no assurance that ProQR will be able to complete the offering on the anticipated terms, or at all.