Private placement agent

SRAX Announces Closing of Private Placement

Tuesday, June 30, 2020 - 11:20pm

SRAX, Inc. (NASDAQ: SRAX), a digital marketing and consumer data management technology company, announced the closing of its previously announced $13 million private placement of senior secured convertible debentures at a fixed conversion price of $2.69.

Key Points: 
  • SRAX, Inc. (NASDAQ: SRAX), a digital marketing and consumer data management technology company, announced the closing of its previously announced $13 million private placement of senior secured convertible debentures at a fixed conversion price of $2.69.
  • The Company received net proceeds of $9.1 million from the offering after deducting placement agent fees, legal fees, the repayment of loans, and other estimated offering expenses.
  • The Special Equities Group, LLC, a division of Bradley Woods & Co. Ltd., acted as placement agent for this offering.
  • SRAX (NASDAQ: SRAX) is a digital marketing and consumer data management technology company.

County Bancorp, Inc. Announces Completion of $17.4 Million Subordinated Notes Offering

Tuesday, June 30, 2020 - 10:25pm

The Company may redeem the Notes on or after June 30, 2025, or at any time upon certain other specified events.

Key Points: 
  • The Company may redeem the Notes on or after June 30, 2025, or at any time upon certain other specified events.
  • The Notes have been structured to qualify initially as Tier 2 Capital for the Company for regulatory purposes.
  • The Company intends to use the net proceeds of the offering for general corporate purposes.
  • Piper Sandler & Co. acted as lead placement agent and Stephens Inc. acted as co-placement agent for the offering.

BancPlus Corporation Completes Private Placement of $60.0 Million of Subordinated Notes

Thursday, June 4, 2020 - 9:17pm

BancPlus Corporation, Ridgeland, Mississippi (the Company), parent company of BankPlus (the Bank), today announced the completion of a private placement of $60.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes due 2030 (the Notes).

Key Points: 
  • BancPlus Corporation, Ridgeland, Mississippi (the Company), parent company of BankPlus (the Bank), today announced the completion of a private placement of $60.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes due 2030 (the Notes).
  • The Company intends to use the net proceeds of the private placement for general corporate purposes, including improving the Companys liquidity and capital positions.
  • The Notes have been structured to qualify as Tier 2 capital for the Company for regulatory capital purposes.
  • Keefe, Bruyette & Woods, A Stifel Company, served as exclusive placement agent for the private placement.

Iterum Therapeutics Announces $5 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

Wednesday, June 3, 2020 - 2:50pm

The closing of the offering is expected to occur on or about June 5, 2020, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about June 5, 2020, subject to the satisfaction of customary closing conditions.
  • H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
  • The gross proceeds to the Company from the offering are expected to be $5.0 million, before deducting the placement agents fees and other offering expenses payable by Iterum Therapeutics.
  • Iterum Therapeutics has received Qualified Infectious Disease Product (QIDP) and Fast Track designations for its oral and IV formulations of sulopenem in seven indications.

Zomedica Pharmaceuticals Corp. Announces $20 Million Public Offering

Wednesday, May 27, 2020 - 3:16am

There is no established public trading market for the warrants, and Zomedica does not expect a market to develop.

Key Points: 
  • There is no established public trading market for the warrants, and Zomedica does not expect a market to develop.
  • H.C. Wainwright & Co. is acting as exclusive placement agent for the offering.
  • The gross proceeds from this offering are expected to be approximately $20.0 million, before deducting placement agents fees and other estimated offering expenses payable by the Company, assuming none of the warrants sold in this offering are exercised for cash.
  • The offering is expected to close on or about May 29, 2020, subject to the satisfaction of customary closing conditions.

The Benchmark Company Announces Closing of $8 Million Registered Direct Offering for Cinedigm Corp.

Tuesday, May 26, 2020 - 11:38pm

Cinedigm intends to use the net proceeds from the offering for general corporate purposes.

Key Points: 
  • Cinedigm intends to use the net proceeds from the offering for general corporate purposes.
  • The Benchmark Company LLC and A.G.P./Alliance Global Partners acted as co-lead placement agents for the offering.
  • Since inception, Cinedigm (CIDM) has been a leader at the forefront of the digital transformation of content distribution.
  • The Benchmark Company is a full-service investment banking firm offering a suite of corporate finance, advisory and institutional brokerage services.

NANO DIMENSION ANNOUNCES CLOSING OF $35.9 MILLION REGISTERED DIRECT OFFERING

Friday, May 22, 2020 - 9:13pm

The gross proceeds of the offering were approximately $35.9 million, before deducting placement agent fees and other offering expenses.

Key Points: 
  • The gross proceeds of the offering were approximately $35.9 million, before deducting placement agent fees and other offering expenses.
  • ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole placement agent for the offering.
  • Nano Dimension (Nasdaq: NNDM) is a provider ofintelligent machines for the fabricationof Additively Manufactured Electronics (AME).
  • For example, Nano Dimension is using forward-looking statements in this press release when it discusses planned use of the net proceeds from the offering.

H.C. Wainwright & Co. Is Once Again Ranked #1 by PlacementTracker

Friday, May 8, 2020 - 1:00pm

In addition to being the #1 Investment Bank for Confidentially Marketed Public Offerings, Registered Direct and Private Placement transactions, H.C. Wainwright executed over 105 transactions in the first quarter of 2020 totaling $3.1 Billion in transaction value.

Key Points: 
  • In addition to being the #1 Investment Bank for Confidentially Marketed Public Offerings, Registered Direct and Private Placement transactions, H.C. Wainwright executed over 105 transactions in the first quarter of 2020 totaling $3.1 Billion in transaction value.
  • The H.C. Wainwright team has been the #1 ranked underwriter/placement agent by deal volume cumulatively since 1998.
  • H.C. Wainwright is a full-service investment bank dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions.
  • H.C. Wainwright & Co. also provides research and sales and trading services to institutional investors.

AIM3 and Vox Royalty Announce the Successful Closing of Vox Royalty’s C$13.75 Million Financing

Friday, May 8, 2020 - 1:02am

Vox initially targeted to raise C$7 million C$12 million as disclosed in March.

Key Points: 
  • Vox initially targeted to raise C$7 million C$12 million as disclosed in March.
  • On behalf of the entire Vox team and our placement Agents we thank our new shareholders for their interest and investment.
  • Proceeds from this financing will enable us to build on our aggressive industry-leading royalty acquisition growth profile.
  • Vox has been the fastest growing royalty & streaming acquisition company since January-2019, announcing 11 separate royalty transactions.

Achieve Life Sciences Announces Private Placement of $1.9 Million

Thursday, April 30, 2020 - 9:50pm

The private placement will close in two tranches based on the execution of definitive documents on April 27, 2020 and April 28, 2020.

Key Points: 
  • The private placement will close in two tranches based on the execution of definitive documents on April 27, 2020 and April 28, 2020.
  • The Company intends to use the proceeds from the private placement to fund clinical research and development, and for general working capital.
  • Paulson Investment Company, LLC, acted as the exclusive placement agent in connection with this offering.
  • Tobacco use is currently the leading cause of preventable death and is responsible for more than eight million deaths annually worldwide1.