Park Avenue

Hercules Capital Prices Upsized Public Offering of $350.0 Million 3.375% Notes due 2027

Retrieved on: 
Friday, January 14, 2022 - 10:33pm

Hercules Capital, Inc. (NYSE: HTGC) (Hercules or the Company), today announced that it has priced an underwritten public offering of $350.0 million in aggregate principal amount of 3.375% notes due January 2027 (the Notes).

Key Points: 
  • Hercules Capital, Inc. (NYSE: HTGC) (Hercules or the Company), today announced that it has priced an underwritten public offering of $350.0 million in aggregate principal amount of 3.375% notes due January 2027 (the Notes).
  • The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered and paid for on January 20, 2022.
  • Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, and SMBC Nikko Securities America, Inc. are acting as joint book-running managers of this offering.
  • In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY).

10X Capital Venture Acquisition Corp. III Announces Closing of Upsized $300 Million Initial Public Offering

Retrieved on: 
Friday, January 14, 2022 - 8:18pm

10X Capital Venture Acquisition Corp. III is a blank-check company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Key Points: 
  • 10X Capital Venture Acquisition Corp. III is a blank-check company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
  • Concurrently with the closing of the initial public offering, the underwriters exercised the option to purchase an additional 3,900,000 units.
  • Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of units, $304,500,000 ($10.15 per unit sold in the public offering) was placed in trust.
  • This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and search for an initial business combination.

Papaya Growth Opportunity Corp. I Announces Pricing of $250 Million Initial Public Offering

Retrieved on: 
Thursday, January 13, 2022 - 11:07pm

New York, NY, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Papaya Growth Opportunity Corp.

Key Points: 
  • New York, NY, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Papaya Growth Opportunity Corp.
  • I (the Company), a newly incorporated blank check company, today announced the pricing of its initial public offering of 25,000,000 units at a price of $10.00 per unit.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 3,750,000 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.

C5 Acquisition Corporation Completes $287.5 Million Initial Public Offering

Retrieved on: 
Wednesday, January 12, 2022 - 9:59pm

C5 Acquisition Corporation (the Company), a special purpose acquisition company, announced the closing of its initial public offering of 28,750,000 units at a price of $10.00 per unit, including 3,750,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, on January 11, 2022.

Key Points: 
  • C5 Acquisition Corporation (the Company), a special purpose acquisition company, announced the closing of its initial public offering of 28,750,000 units at a price of $10.00 per unit, including 3,750,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, on January 11, 2022.
  • Each unit consists of one share of Class A common stock of the Company and one-half of one redeemable public warrant.
  • Each whole public warrant entitles the holder thereof to purchase one share of Class A common stock of the Company at a price of $11.50 per share.
  • No assurance can be given that the search for an initial business combination will be completed, or that the net proceeds of the initial public offering will be used as indicated.

From LA to Israel, The Fridman Group Soars to $610 Million in Transactions in 2021 Under the Leadership of Tomer Fridman

Retrieved on: 
Wednesday, January 12, 2022 - 1:49pm

"Tomer and I have a very unique and specific advantage of being co-owners of Israel Sotheby's International Realty," says Isidora Fridman, who is co-listing the Israeli properties alongside Tomer Fridman.

Key Points: 
  • "Tomer and I have a very unique and specific advantage of being co-owners of Israel Sotheby's International Realty," says Isidora Fridman, who is co-listing the Israeli properties alongside Tomer Fridman.
  • Since its inception, The Fridman Group has represented architecturally significant homes and properties in Los Angeles and beyond.
  • "We are beyond honored to welcome Anthony and Steven to the Los Angeles team," says Chairman and Co-Founder Tomer Fridman.
  • "The addition of these new agents will further position The Fridman Group as a leader in the luxury market," says Tomer Fridman.

10X Capital Venture Acquisition Corp. III Announces Pricing of Upsized $261 Million Initial Public Offering

Retrieved on: 
Tuesday, January 11, 2022 - 10:28pm

New York, NY, Jan. 11, 2022 (GLOBE NEWSWIRE) -- 10X Capital Venture Acquisition Corp. III (the Company) today announced the pricing of its upsized initial public offering of 26,100,000 units at a price of $10.00 per unit.

Key Points: 
  • New York, NY, Jan. 11, 2022 (GLOBE NEWSWIRE) -- 10X Capital Venture Acquisition Corp. III (the Company) today announced the pricing of its upsized initial public offering of 26,100,000 units at a price of $10.00 per unit.
  • 10X Capital Venture Acquisition Corp. III is a blank-check company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 3,915,000 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 and search for an initial business combination.

B. Riley Principal 150 Merger Corp. Announces Filing of a Registration Statement on SEC Form S-4 in Connection with its Proposed Business Combination with FaZe Clan

Retrieved on: 
Friday, January 7, 2022 - 5:53am

M. Klein and Company and Evolution Media Capital are also serving as financial advisors to FaZe.

Key Points: 
  • M. Klein and Company and Evolution Media Capital are also serving as financial advisors to FaZe.
  • FaZe Clan is a digital-native lifestyle and media platform rooted in gaming and youth culture, reimagining traditional entertainment for the next generation.
  • In connection with the proposed Business Combination, BRPM has filed a registration statement on Form S-4 (the "Registration Statement") with the Securities and Exchange Commission (the "SEC") which includes a preliminary proxy statement/prospectus relating to the proposed Business Combination (the "Proxy Statement/Prospectus").
  • While FaZe Clan and BRPM may elect to update these forward-looking statements at some point in the future, FaZe Clan and BRPM specifically disclaim any obligation to do so.

C5 Acquisition Corporation Announces Pricing of $250 Million Initial Public Offering

Retrieved on: 
Friday, January 7, 2022 - 12:00am

C5 Acquisition Corporation (the Company), a special purpose acquisition company, announced the pricing of its initial public offering (IPO) of 25,000,000 units at a price of $10.00 per unit.

Key Points: 
  • C5 Acquisition Corporation (the Company), a special purpose acquisition company, announced the pricing of its initial public offering (IPO) of 25,000,000 units at a price of $10.00 per unit.
  • Each unit consists of one share of Class A common stock of the Company and one-half of one redeemable public warrant.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 3,750,000 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 Companys initial public offering and the anticipated use of the net proceeds of such offering.

Ares Capital Corporation Prices Public Offering of $500 Million 2.875% Unsecured Notes Due 2027

Retrieved on: 
Thursday, January 6, 2022 - 10:15pm

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $500 million in aggregate principal amount of 2.875% notes due 2027.

Key Points: 
  • Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $500 million in aggregate principal amount of 2.875% notes due 2027.
  • Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities.
  • Ares Capital believes its loans and other investments in these companies can generate attractive levels of current income and potential capital appreciation for investors.
  • Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES), a publicly traded, leading global alternative investment manager.

LPL Financial Welcomes Financial Advisor Corey Phillips

Retrieved on: 
Thursday, January 6, 2022 - 2:00pm

CHARLOTTE, N.C., Jan. 06, 2022 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that financial advisor Corey Phillips has joined LPL Financials broker-dealer, corporate registered investment advisor (RIA) and custodial platforms.

Key Points: 
  • CHARLOTTE, N.C., Jan. 06, 2022 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that financial advisor Corey Phillips has joined LPL Financials broker-dealer, corporate registered investment advisor (RIA) and custodial platforms.
  • Based in Pittsfield, Mass., Phillips journey to becoming a financial advisor was a bit unique.
  • Phillips stated, LPL as an industry-leading partner to financial advisors and I am eager to implement innovative tools and resources that LPL has to offer.
  • Member FINRA/ SIPC
    Throughout this communication, the terms financial advisors and advisors are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC.