Convertible security

DGAP-News: Adjustment of the Conversion Price for the convertible bond of LEG Immobilien SE in the amount of EUR 550 million due on June 30, 2028 (ISIN DE000A289T23)

Retrieved on: 
Monday, June 14, 2021
Financial markets, Finance, Money, Corporate finance, Currency, Convertible bond, Convertible security, Bond, Exchange rate, Dividend

Adjustment of the Conversion Price for the convertible bond of LEG Immobilien SE in the amount of EUR 550 million due on June 30, 2028 (ISIN DE000A289T23)

Key Points: 
  • Adjustment of the Conversion Price for the convertible bond of LEG Immobilien SE in the amount of EUR 550 million due on June 30, 2028 (ISIN DE000A289T23)
    The issuer is solely responsible for the content of this announcement.
  • Adjustment of the Conversion Price for the convertible bond of LEG Immobilien SE in the amount of EUR 550 million due on June 30, 2028 (ISIN DE000A289T23)
    The Conversion Price for the Bond has been adjusted as a result of dividend payments for financial year 2020 in accordance with 10 of the Terms and Conditions of the Bond, effective 14 June 2021.
  • The Conversion Price is now EUR 154.6620 (previously: EUR 155.0663).
  • The Reference Dividend has been adjusted to EUR 3.5853 (previously: EUR 3.5957).

Ipsidy Announces Reverse Stock Split Effective Monday June 14, 2021

Retrieved on: 
Friday, June 11, 2021
Financial markets, Finance, Financial economics, Stock market, Corporate finance, Equity securities, Convertible security, Reverse stock split, Ticker symbol, Stock split, Warrant, Stock

LONG BEACH, N.Y., June 11, 2021 (GLOBE NEWSWIRE) -- Ipsidy Inc. (www.ipsidy.com) [OTCQB:IDTY] a leading provider of Identity as a Service (IDaaS), delivering a suite of secure, mobile, biometric identity verification solutions,today announced that effective June 14, 2021 it will complete a 1-for-30 reverse stock split of its common stock (Reverse Stock Split).

Key Points: 
  • LONG BEACH, N.Y., June 11, 2021 (GLOBE NEWSWIRE) -- Ipsidy Inc. (www.ipsidy.com) [OTCQB:IDTY] a leading provider of Identity as a Service (IDaaS), delivering a suite of secure, mobile, biometric identity verification solutions,today announced that effective June 14, 2021 it will complete a 1-for-30 reverse stock split of its common stock (Reverse Stock Split).
  • As a result, on Monday, June 14, 2021 every 30 issued shares of Common Stock will automatically be combined into one share of Common Stock.
  • The Companys common stock will trade under a new and temporary ticker symbol IDTYD for a period of 20 business days including the effective date of the Reverse Stock Split.
  • Further information about how the reverse stock split affects the individual holdings of investors, whether holders of certificates for Common Stock, or warrants, options, or notes convertible into Common Stock will be provided to investors following the effective date.

The Cheesecake Factory Incorporated Prices Offerings of Convertible Senior Notes and Common Stock

Retrieved on: 
Friday, June 11, 2021
Restaurant, Bar, Public relations, Investor relations, Food, Beverage, Retail, Communications, Financial markets, Financial economics, Finance, Stock market, Corporate finance, Equity securities, Stock, Convertible security, Convertible bond, Preferred stock

The Cheesecake Factory Incorporated (NASDAQ: CAKE) (the Company) today announced the pricing of its concurrent public offerings of $300,000,000 aggregate principal amount of 0.375% convertible senior notes due 2026 (the notes) and 3,125,000 shares of common stock, at a public offering price of $56.00 per share.

Key Points: 
  • The Cheesecake Factory Incorporated (NASDAQ: CAKE) (the Company) today announced the pricing of its concurrent public offerings of $300,000,000 aggregate principal amount of 0.375% convertible senior notes due 2026 (the notes) and 3,125,000 shares of common stock, at a public offering price of $56.00 per share.
  • The issuance and sale of the notes and common stock are scheduled to settle on June 15, 2021, subject to customary closing conditions.
  • The initial conversion rate is 12.7551 shares of common stock per $1,000 principal amount of notes, which represents an initial conversion price of approximately $78.40 per share of common stock.
  • The initial conversion price represents a premium of approximately 40% over the public offering price per share of common stock in the common stock offering.

Diamond Estates Wines & Spirits Announces Closing of $1.83 Million Private Placement of 10.0% Unsecured Convertible Debentures

Retrieved on: 
Thursday, June 10, 2021
Finance, Money, Sports, Corporate finance, Loans, Debenture, Debt, Convertible security

The Debentures bear interest from the date of issue at 10.0% per annum, calculated monthly, in arrears.

Key Points: 
  • The Debentures bear interest from the date of issue at 10.0% per annum, calculated monthly, in arrears.
  • The interest accrues on the principal outstanding under the Debentures until such principal is repaid or converted.
  • The Debentures are convertible at the holder's option from the date of issuance until the Maturity Date at a conversion price of $0.185 (the "Conversion Price").
  • A copy of the Early Warning Report with additional information in respect of the foregoing matters may be found on www.SEDAR.com.

DGAP-News: Adjustment of the Conversion Price for the convertible bond of LEG Immobilien SE in the amount of EUR 400 million due on September 1, 2025 (ISIN DE000A2GSDH2)

Retrieved on: 
Thursday, June 10, 2021
Financial markets, Finance, Economy, Currency, Convertible bond, Corporate finance, Convertible security, Bond, Exchange rate, Dividend, Euro

Adjustment of the Conversion Price for the convertible bond of LEG Immobilien SE in the amount of EUR 400 million due on September 1, 2025 (ISIN DE000A2GSDH2)

Key Points: 
  • Adjustment of the Conversion Price for the convertible bond of LEG Immobilien SE in the amount of EUR 400 million due on September 1, 2025 (ISIN DE000A2GSDH2)
    The issuer is solely responsible for the content of this announcement.
  • Adjustment of the Conversion Price for the convertible bond of LEG Immobilien SE in the amount of EUR 400 million due on September 1, 2025 (ISIN DE000A2GSDH2)
    The Conversion Price for the Bond has been adjusted as a result of dividend payments for financial year 2020 in accordance with 10 of the Terms and Conditions of the Bond, effective 10 June 2021.
  • The Conversion Price is now EUR 115.2511 (previously: EUR 116.3349).
  • The Reference Dividend has been adjusted to EUR 2.68 (previously: EUR 2.71).

The Cheesecake Factory Incorporated Announces Proposed Offerings of Convertible Senior Notes and Common Stock

Retrieved on: 
Thursday, June 10, 2021
Retail, Restaurant, Bar, Food, Beverage, Financial markets, Financial economics, Finance, Stock market, Corporate finance, Equity securities, Initial public offering, Preferred stock, Stock, Convertible security, Securities Act, Share repurchase

The Cheesecake Factory Incorporated (NASDAQ: CAKE) (the Company) today announced its intention to offer, subject to market and other conditions, $300,000,000 aggregate principal amount of convertible senior notes due 2026 (the notes) and $175,000,000 of common stock in separate public offerings registered under the Securities Act of 1933, as amended.

Key Points: 
  • The Cheesecake Factory Incorporated (NASDAQ: CAKE) (the Company) today announced its intention to offer, subject to market and other conditions, $300,000,000 aggregate principal amount of convertible senior notes due 2026 (the notes) and $175,000,000 of common stock in separate public offerings registered under the Securities Act of 1933, as amended.
  • The completion of the note offering will not be contingent on the completion of the common stock offering, and the completion of the common stock offering will not be contingent on the completion of the note offering.
  • The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the note offering.
  • The completion of the preferred stock repurchase and conversion will be subject to customary closing conditions and will be contingent on the completion of the proposed offerings.

Clarivate Announces Pricing of Offerings of Ordinary Shares and Convertible Preferred Shares

Retrieved on: 
Thursday, June 10, 2021
Financial markets, Finance, Financial economics, Stock market, Corporate finance, Equity securities, Preferred stock, Convertible security, Series A round, Shareholder, Convertible bond, Greenshoe

LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc(NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the pricing of concurrent offerings of 38,461,538 ordinary shares at a price to the public of $26.00 per share, of which 28,846,154 ordinary shares are being offered by Clarivate and 9,615,384 ordinary shares are being offered by certain existing shareholders (the "Ordinary Share Offering"), and 12,500,000 5.25% Series A Mandatory Convertible preferred shares (the "convertible preferred shares") at a price to the public of $100 per share (the "Convertible Preferred Share Offering," and together with the Ordinary Share Offering, the "Offerings").

Key Points: 
  • LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc(NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the pricing of concurrent offerings of 38,461,538 ordinary shares at a price to the public of $26.00 per share, of which 28,846,154 ordinary shares are being offered by Clarivate and 9,615,384 ordinary shares are being offered by certain existing shareholders (the "Ordinary Share Offering"), and 12,500,000 5.25% Series A Mandatory Convertible preferred shares (the "convertible preferred shares") at a price to the public of $100 per share (the "Convertible Preferred Share Offering," and together with the Ordinary Share Offering, the "Offerings").
  • Certain existing shareholders have granted the underwriters of the Ordinary Share Offering a 30-day option to purchase up to an additional 5,769,230 ordinary shares.
  • Clarivate has granted the underwriters of the Convertible Preferred Share Offering a 30-day option to purchase up to an additional 1,875,000 convertible preferred shares solely to cover over-allotments, if any.
  • Clarivate will not receive any proceeds from the sale of ordinary shares by the selling shareholders, including pursuant to the exercise by the underwriters in the Ordinary Share Offering of their option to purchase additional ordinary shares.

Clarivate Announces Pricing of Offerings of Ordinary Shares and Convertible Preferred Shares

Retrieved on: 
Thursday, June 10, 2021
Financial markets, Finance, Financial economics, Stock market, Corporate finance, Equity securities, Preferred stock, Convertible security, Series A round, Shareholder, Convertible bond, Greenshoe

LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc(NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the pricing of concurrent offerings of 38,461,538 ordinary shares at a price to the public of $26.00 per share, of which 28,846,154 ordinary shares are being offered by Clarivate and 9,615,384 ordinary shares are being offered by certain existing shareholders (the "Ordinary Share Offering"), and 12,500,000 5.25% Series A Mandatory Convertible preferred shares (the "convertible preferred shares") at a price to the public of $100 per share (the "Convertible Preferred Share Offering," and together with the Ordinary Share Offering, the "Offerings").

Key Points: 
  • LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc(NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the pricing of concurrent offerings of 38,461,538 ordinary shares at a price to the public of $26.00 per share, of which 28,846,154 ordinary shares are being offered by Clarivate and 9,615,384 ordinary shares are being offered by certain existing shareholders (the "Ordinary Share Offering"), and 12,500,000 5.25% Series A Mandatory Convertible preferred shares (the "convertible preferred shares") at a price to the public of $100 per share (the "Convertible Preferred Share Offering," and together with the Ordinary Share Offering, the "Offerings").
  • Certain existing shareholders have granted the underwriters of the Ordinary Share Offering a 30-day option to purchase up to an additional 5,769,230 ordinary shares.
  • Clarivate has granted the underwriters of the Convertible Preferred Share Offering a 30-day option to purchase up to an additional 1,875,000 convertible preferred shares solely to cover over-allotments, if any.
  • Clarivate will not receive any proceeds from the sale of ordinary shares by the selling shareholders, including pursuant to the exercise by the underwriters in the Ordinary Share Offering of their option to purchase additional ordinary shares.

Harbor Custom Development, Inc. Announces Pricing of $30 Million Public Offering of Convertible Preferred Shares & Warrants

Retrieved on: 
Wednesday, June 9, 2021
Financial markets, Corporate finance, Financial economics, Finance, Equity securities, Stock market, Options, Warrant, Convertible security, Preferred stock, Common stock, Stock

Each share of 8.0% Series A Cumulative Convertible Preferred Stock will be accompanied by three warrants (Warrants), each Warrant to purchase one share of Common Stock.

Key Points: 
  • Each share of 8.0% Series A Cumulative Convertible Preferred Stock will be accompanied by three warrants (Warrants), each Warrant to purchase one share of Common Stock.
  • Each share of Series A Cumulative Convertible Preferred Stock and accompanying three Warrants is being offered at a price of $25.00.
  • The shares of Series A Preferred Stock and Warrants will be issued separately but can only be purchased together in this Offering.
  • Harbor Custom Homes has granted the underwriters a 45-day option to purchase up to 180,000 additional Preferred Shares and/or 540,000 additional Warrants solely to cover over-allotments, if any.

Michael Gentile Announces an Acquisition of Securities of American Pacific Mining Corp.

Retrieved on: 
Wednesday, June 9, 2021
Financial markets, Finance, Financial economics, Corporate finance, Stock market, Equity securities, Fundamental analysis, Security, Warrant, Shares outstanding, Convertible security, Share

Montreal, Quebec--(Newsfile Corp. - June 9, 2021) - Michael Gentile (the "Acquiror") announces that, on June 8, 2021, pursuant to a private placement (the "Private Placement"), he acquired ownership of 8,181,964 Units of American Pacific Mining Corp. (the "Company") at a price of $0.125 per Unit, for a total purchase price of $1,022,745.50.

Key Points: 
  • Montreal, Quebec--(Newsfile Corp. - June 9, 2021) - Michael Gentile (the "Acquiror") announces that, on June 8, 2021, pursuant to a private placement (the "Private Placement"), he acquired ownership of 8,181,964 Units of American Pacific Mining Corp. (the "Company") at a price of $0.125 per Unit, for a total purchase price of $1,022,745.50.
  • Immediately prior to the Private Placement, the Acquiror held no Shares, Warrants or other securities convertible into Shares of the Company.
  • As a result of the Private Placement, the Acquiror now holds 8,181,964 Shares and 8,181,964 Warrants and the Acquiror's non-diluted shareholdings represent approximately 10.10% of the Company's issued and outstanding Shares.
  • The Acquiror may increase or decrease his ownership of securities of the Company as the circumstances or market conditions warrant.