Greenshoe

Preston Hollow Community Capital, Inc. Launches Initial Public Offering

Retrieved on: 
Wednesday, July 21, 2021

Preston Hollow is offering 10,526,316 shares of Class A common stock to the public at an initial price between $18.00 and $20.00 per share.

Key Points: 
  • Preston Hollow is offering 10,526,316 shares of Class A common stock to the public at an initial price between $18.00 and $20.00 per share.
  • Preston Hollow further intends to grant the underwriters the option to purchase up to 1,578,947 additional shares of Class A common stock from Preston Hollow at the initial public offering price, less the underwriting discount, within 30 days after the date of this prospectus.
  • A registration statement on Form S-1 relating to the proposed initial public offering has been filed with the SEC but has not yet become effective.
  • About Preston Hollow Community Capital, Inc.
    Preston Hollow Community Capital, Inc. provides specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States.

Traeger Announces Launch of Initial Public Offering

Retrieved on: 
Wednesday, July 21, 2021

TGPX Holdings I LLC (Traeger) announced today the launch of its initial public offering of 23,529,411 shares of its common stock.

Key Points: 
  • TGPX Holdings I LLC (Traeger) announced today the launch of its initial public offering of 23,529,411 shares of its common stock.
  • The offering consists of 8,823,529 shares of common stock offered by Traeger and 14,705,882 shares of common stock to be sold by certain of Traegers existing stockholders.
  • The underwriters will have a 30-day option to purchase up to 3,529,411 shares of common stock from the selling stockholders at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is currently expected to be between $16.00 and $18.00 per share.

JATT Acquisition Corp Announces Full Exercise of Over-Allotment Option and Closing of $138 Million Initial Public Offering

Retrieved on: 
Monday, July 19, 2021

JATT Acquisition Corp (the Company), today announced that it has closed its initial public offering of 13,800,000 units, including 1,800,000 units sold pursuant to the full exercise of the underwriters over-allotment option, at an offering price of $10.00 per unit.

Key Points: 
  • JATT Acquisition Corp (the Company), today announced that it has closed its initial public offering of 13,800,000 units, including 1,800,000 units sold pursuant to the full exercise of the underwriters over-allotment option, at an offering price of $10.00 per unit.
  • Total gross proceeds from the offering were $138,000,000, before deducting underwriting discounts and commissions and other offering expenses.
  • The units began trading on the New York Stock Exchange (NYSE) under the ticker symbol JATT U on July 14, 2021.
  • Each whole warrant will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share.

ESE Announces Closing of $8.6 Million Bought Deal Public Offering

Retrieved on: 
Monday, July 19, 2021

VANCOUVER, British Columbia, July 19, 2021 (GLOBE NEWSWIRE) -- ESE Entertainment Inc. (TSX-V: ESE) (OTCQB: ENTEF) ("ESE" or the "Company") is pleased to announce that it has closed its previously announced bought deal public offering for gross proceeds of $8,629,600, which includes the full exercise of the Over-Allotment Option (the Offering).

Key Points: 
  • VANCOUVER, British Columbia, July 19, 2021 (GLOBE NEWSWIRE) -- ESE Entertainment Inc. (TSX-V: ESE) (OTCQB: ENTEF) ("ESE" or the "Company") is pleased to announce that it has closed its previously announced bought deal public offering for gross proceeds of $8,629,600, which includes the full exercise of the Over-Allotment Option (the Offering).
  • Under the Offering, the Company sold 6,164,000 units of the Company (the Units) at a price of $1.40 per Unit (the Issue Price).
  • The Underwriters exercised the Over-Allotment Option in full, resulting in additional gross proceeds of $1,125,600 to the Company.
  • The net proceeds of the Offering will be used for business development, general working capital, and other general corporate purposes.

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

Retrieved on: 
Friday, July 16, 2021

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.

Grom Social Enterprises, Inc. Announces Full Exercise of Over-Allotment Option in Public Offering

Retrieved on: 
Thursday, July 15, 2021

The 45-day over-allotment option was granted in connection with the Companys previously announced underwritten public offering of 2,409,639 units at a public offering price of $4.15 per unit.

Key Points: 
  • The 45-day over-allotment option was granted in connection with the Companys previously announced underwritten public offering of 2,409,639 units at a public offering price of $4.15 per unit.
  • Each unit issued in the offering was comprised of one share of common stock and one warrant to purchase one share of common stock.
  • Each warrant is exercisable for one share of common stock at an exercise price of $4.565 per share and will expire five years from issuance.
  • EF Hutton, division of Benchmark Investments, LLC, acted as sole book-running manager and Revere Securities LLC acted as co-manager for the offering.

Rapid Micro Biosystems Announces Pricing of Initial Public Offering

Retrieved on: 
Thursday, July 15, 2021

LOWELL, Mass., July 14, 2021 (GLOBE NEWSWIRE) -- Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (Rapid Micro), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced the pricing of its initial public offering of 7,920,000 shares of its Class A common stock at a price to the public of $20.00 per share.

Key Points: 
  • LOWELL, Mass., July 14, 2021 (GLOBE NEWSWIRE) -- Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (Rapid Micro), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced the pricing of its initial public offering of 7,920,000 shares of its Class A common stock at a price to the public of $20.00 per share.
  • All of the shares of Class A common stock are being offered by Rapid Micro.
  • The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by Rapid Micro, are expected to be $158.4 million, excluding any exercise of the underwriters option to purchase additional shares.
  • In addition, Rapid Micro has granted the underwriters a 30-day option to purchase up to an additional 1,188,000 shares of Rapid Micros Class A common stock at the initial public offering price less the underwriting discounts and commissions.

Iron Spark I Inc. Announces Closing of Over-Allotment Option

Retrieved on: 
Thursday, July 15, 2021

Iron Spark I Inc. (NASDAQ Capital Market: ISAA) ("Iron Spark" or the "Company"), a special purpose acquisition company, today announced the closing of the issuance of an additional 1,680,000 shares of Class A Common Stock (the Over-Allotment Option Shares) pursuant to the partial exercise of the underwriters over-allotment option in connection with the Companys initial public offering.

Key Points: 
  • Iron Spark I Inc. (NASDAQ Capital Market: ISAA) ("Iron Spark" or the "Company"), a special purpose acquisition company, today announced the closing of the issuance of an additional 1,680,000 shares of Class A Common Stock (the Over-Allotment Option Shares) pursuant to the partial exercise of the underwriters over-allotment option in connection with the Companys initial public offering.
  • Closing of the issuance of the Over-Allotment Option Shares occurred on June 16, 2021.
  • Morgan Stanley acted as sole book-running manager in the offering.
  • A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the SEC) on June 8, 2021.

Good Works II Acquisition Corp. Announces Closing of $230,000,000 Initial Public Offering, Including Full Exercise of Underwriter Over-Allotment Option

Retrieved on: 
Wednesday, July 14, 2021

Good Works II Acquisition Corp. (NASDAQ: GWIIU) (the Company) announced today the closing of its initial public offering of 23,000,000 units, which included the full exercise of the underwriters' over-allotment option, at a price to the public of $10.00 per unit.

Key Points: 
  • Good Works II Acquisition Corp. (NASDAQ: GWIIU) (the Company) announced today the closing of its initial public offering of 23,000,000 units, which included the full exercise of the underwriters' over-allotment option, at a price to the public of $10.00 per unit.
  • The units began trading on the Nasdaq Capital Market under the symbol GWIIU on July 12, 2021.
  • Schiff Hardin LLP acted as counsel to the Company and Ellenoff Grossman & Schole LLP acted as counsel to the underwriters.
  • About Good Works II Acquisition Corp.
    Good Works II Acquisition Corp. is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities.

First Republic Announces Series M Preferred Stock Offering

Retrieved on: 
Wednesday, July 14, 2021

First Republic Bank (First Republic) (NYSE:FRC), a leading private bank and wealth management company, today announced a public offering of depositary shares, each representing a 1/40th interest in a share of its Noncumulative Perpetual Series M Preferred Stock, at a public offering price of $25.00 per depositary share.

Key Points: 
  • First Republic Bank (First Republic) (NYSE:FRC), a leading private bank and wealth management company, today announced a public offering of depositary shares, each representing a 1/40th interest in a share of its Noncumulative Perpetual Series M Preferred Stock, at a public offering price of $25.00 per depositary share.
  • In addition, First Republic will grant the underwriters an option for up to 30 days to purchase additional depositary shares at the public offering price less the underwriting discount.
  • First Republic intends to use the net proceeds from the offering for general corporate purposes, which may include, among other things, funding loans or purchasing investment securities for its portfolio.
  • The offering will be made only by means of an offering circular.