Placement

Immutep Successfully Completes Institutional Placement and Institutional Component of its Entitlement Offer

Retrieved on: 
Friday, June 2, 2023
Placement, Person, Head, ASX, Lung cancer, Institution, Autoimmunity, Breast cancer, Security (finance), Immutep

Sydney, Australia, June 02, 2023 (GLOBE NEWSWIRE) -- Immutep Limited, an Australian company (ASX: IMM) (Nasdaq: IMMP) (Immutep or the Company), is pleased to announce the successful completion of an institutional placement (Placement) and the institutional component (Institutional Entitlement Offer) of its 1 for 7.6 pro rata accelerated non-renounceable entitlement offer (Entitlement Offer and, together with the Placement, the Offer) of new fully paid ordinary shares in Immutep (New Shares).

Key Points: 
  • Sydney, Australia, June 02, 2023 (GLOBE NEWSWIRE) -- Immutep Limited, an Australian company (ASX: IMM) (Nasdaq: IMMP) (Immutep or the Company), is pleased to announce the successful completion of an institutional placement (Placement) and the institutional component (Institutional Entitlement Offer) of its 1 for 7.6 pro rata accelerated non-renounceable entitlement offer (Entitlement Offer and, together with the Placement, the Offer) of new fully paid ordinary shares in Immutep (New Shares).
  • Immutep is conducting a fully underwritten Offer of approximately A$80 million comprising the Placement and the Entitlement Offer.
  • The Placement and Institutional Entitlement Offer (together, the Institutional Offer) closed on Wednesday, 31 May 2023.
  • The Institutional Offer raised gross proceeds of approximately A$67.9 million at an offer price of A$0.26 per New Share, consisting of approximately A$50 million under the Placement and approximately A$17.9 million under the Institutional Entitlement Offer.

Global Router Market Report 2023: Rising Demand For Cloud Services Bolsters Growth

Retrieved on: 
Thursday, June 1, 2023
Television, Telecom, Component, Software as a service, Education, Huawei, Health, Placement, Marketing, Internet, LAN, Software, Internet of things, Health care, Policy, COVID-19, SME, ML, OTT, Multimedia, SOHO, Privacy, History, Automation, Quality, Tablet, QOS, Small, Risk, Cisco, Machine learning, Algorithm, Quality of service, NFV, Holding, Artificial intelligence, Growth, Digital, Hacking, BFSI, WAN, AI, Rest, BYOD, Social media, Video game, Network equipment provider, Mobile phone

By Performance: The report provides the bifurcation of the market into four segments, based on performance: High-End router, Mid-Range router, Low-End router and SOHO (Small Office/Home Office) router.

Key Points: 
  • By Performance: The report provides the bifurcation of the market into four segments, based on performance: High-End router, Mid-Range router, Low-End router and SOHO (Small Office/Home Office) router.
  • High-End router market in the largest segment of global router market, owing to growing reliance of large enterprises on the internet, increasing popularity of streaming services, positive shift in consumer's preference towards modern digital lifestyle and expanding e-commerce sector.
  • Therefore, increasing incidences of data security and privacy concerns are expected to hinder the growth of global router market in the forecasted years.
  • Global router market is fairly consolidated with few dominant players holding a significant market share.

Eldorado Gold Announces C$81.5 Million Strategic Investment by the European Bank for Reconstruction and Development (EBRD) and Concurrent C$135 Million Bought Deal Financing

Retrieved on: 
Tuesday, May 30, 2023
International Data Group, New York Stock Exchange, BMO Capital Markets, Indian stock exchange, Private placement, Private, Reconstruction, Placement, Toronto Stock Exchange, Eldorado Gold, Telephone, Enterprise file synchronization and sharing, EDGAR, Sale, EBRD, Suite, National Bank of Canada, Nature, Olympias, Prospectus, EIA, Copper, Offering, ATTN:, Burns, Natural Resources, SEDAR, Form, International Bank for Reconstruction and Development, European Central Bank, Security (finance), Renewable energy

VANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) is pleased to announce it has entered into agreements with respect to a C$81.5 million strategic investment in Eldorado by the European Bank for Reconstruction and Development (the "EBRD").

Key Points: 
  • VANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) is pleased to announce it has entered into agreements with respect to a C$81.5 million strategic investment in Eldorado by the European Bank for Reconstruction and Development (the "EBRD").
  • In the event that the option is exercised in its entirety, the aggregate gross proceeds of the Offering would be C$155 million.
  • “Proceeds from this financing will strengthen the Company’s balance sheet and is expected to provide additional optionality across our global portfolio.
  • “We are pleased that the EBRD is becoming a shareholder in Eldorado,” said Natalia Lacorzana, Head of Natural Resources at the EBRD.

CANOPY GROWTH AND INDIVA ANNOUNCE AGREEMENT TO POSITION WANA GUMMIES FOR CONTINUED NORTH AMERICAN BRAND LEADERSHIP

Retrieved on: 
Tuesday, May 30, 2023
Edible, Partnership, TSX Venture Exchange, Indian stock exchange, Private placement life insurance, Private, Marketing, Placement, Issue, Person, Sale, EBITDA, Investment, Growth, TSX, Policy, Private placement, News, Automation, Silviculture, Security (finance), Canopy Growth, Indiva, Canopy

David Klein, CEO of Canopy Growth, said, "Collectively, these agreements provide Canopy Growth more complete ownership over the value chain for the Wana brand in Canada, while ensuring continuity of high-quality manufacturing and consistency with Canopy's asset-light production strategy.

Key Points: 
  • David Klein, CEO of Canopy Growth, said, "Collectively, these agreements provide Canopy Growth more complete ownership over the value chain for the Wana brand in Canada, while ensuring continuity of high-quality manufacturing and consistency with Canopy's asset-light production strategy.
  • We expect this arrangement to be immediately accretive to Canopy Growth's EBITDA, and we look forward to partnering with Indiva to further bolster Wana's position as a leading edible brand in Canada."
  • "We are excited to form this investment and contract manufacturing partnership with Canopy Growth, and we look forward to continuing to produce Wana gummies for many years to come," said Niel Marotta, President and CEO of Indiva.
  • Canopy Growth and Indiva will also enter into a customary standstill and voting support agreement.

GlobalBlock Provides Update on Sale of Digital Asset Broker Business; Announces Non-Brokered Private Placement; Provides Bi-Weekly Default Status Report

Retrieved on: 
Wednesday, May 17, 2023
OTC Markets Group, TSX Venture Exchange, British Columbia Securities Commission, Private placement, Private, Placement, The, Bank statement, Annual, Disclosure, CAD, FSE, Exchange, Meeting, Person, Warrant, FinCEN Files, Annual Filing Season Program, NP, SEDAR, Special, National Policy, Proxy, Fortnight, GB, Cryptocurrency, Security (finance)

The Disposition Transaction involves the disposition of GB UK and its digital asset broker business, which is substantially all the Company's property.

Key Points: 
  • The Disposition Transaction involves the disposition of GB UK and its digital asset broker business, which is substantially all the Company's property.
  • The Disposition Transaction is also a related party transaction given that the GB UK Founders each hold more than 10% of the issued and outstanding common shares of the Company.
  • The securities issued in connection with the Private Placement will be subject to a four-month hold period, in accordance with applicable securities laws.
  • The Company also provides this bi-weekly default status report (the "Default Status Report") in accordance with National Policy 12- 203 Management Cease Trade Orders ("NP 12-203").

SunCar Technology Group Inc. Announces a $22 Million Private Placement

Retrieved on: 
Thursday, May 25, 2023
Minor planet, Acquisition, Limited partnership, Placement, Security (finance), Cryptocurrency

The Purchased Shares are subject to a lock-up period of six (6) months.

Key Points: 
  • The Purchased Shares are subject to a lock-up period of six (6) months.
  • The Company and Investor closed the Placement on May 19, 2023.
  • As previously announced, on May 18, 2023, SunCar closed the business combination with Goldenbridge Acquisition Limited (Nasdaq: GBRG) (“Goldenbridge”), a publicly traded special purpose acquisition company.
  • On Thursday, May 18, 2023, SunCar’s Class A ordinary shares and warrants began trading on the Nasdaq under the ticker symbols “SDA” and “SDAWW,” respectively.

Volcon, Inc. Announces Concurrent Closing of $9.0 Million Securities Offerings

Retrieved on: 
Wednesday, May 24, 2023
Exercise, Attention, Note, News & Notes, Placement, Telephone, Sale, Public expenditure, Prospectus, Offering, Form S-3, Warrant, Form, Security (finance), Life insurance

Gross proceeds of the Offering to the Company were $4.5 million, before deducting underwriting discounts and other estimated expenses payable by the Company.

Key Points: 
  • Gross proceeds of the Offering to the Company were $4.5 million, before deducting underwriting discounts and other estimated expenses payable by the Company.
  • The Offering consisted of 6,000,000 shares of common stock at a public offering price of $0.75 per share.
  • The Company intends to use the net proceeds from the Offering for general corporate purposes, including working capital, operating expenses and capital expenditures.
  • The Company intends to use the net proceeds from the Placement for general corporate purposes, including working capital, operating expenses and capital expenditures.

IDEX Biometrics ASA: Private placement of NOK 125 million successfully placed

Retrieved on: 
Wednesday, May 24, 2023
Communication, FOR, Private placement, IDEX, Person, SEC Rule 144A, Regulation D, Oslo Stock Exchange, Acquisition, Risk, OSE, NOK, Software, ASA, EU, Financial Services and Markets Act 2000, Placement, Public sector, Security (finance), Exercise, LLP, NOT, EGM, Finance, Judgement, Limited company, Cooley LLP, ABG Sundal Collier, Private, Financial services, Bank statement, Tranche, Sale, Prospectus, ANY, ISIN, IDEX Biometrics, United Kingdom, Bank, Cryptocurrency, EEA, Management

Reference is made to the press release from IDEX Biometrics ASA ("IDEX" or the "Company") published earlier today, 24 May 2023, regarding a contemplated private placement to raise gross proceeds of approximately NOK 100-150 million (the "Private Placement").

Key Points: 
  • Reference is made to the press release from IDEX Biometrics ASA ("IDEX" or the "Company") published earlier today, 24 May 2023, regarding a contemplated private placement to raise gross proceeds of approximately NOK 100-150 million (the "Private Placement").
  • The Private Placement has been successfully placed and will raise gross proceeds to the Company of NOK 125 million, through the allocation of 147,058,824 new shares (the "Offer Shares") at a price of NOK 0.85 per Offer Share (the "Offer Price").
  • Investors being allocated shares in the Private Placement have undertaken to vote in favour of Tranche 2 at the EGM.
  • Following completion of Tranche 1 of the Private Placement, the Company's share capital will be NOK 192,880,861.8, divided into 1,285,872,412 shares, each with a nominal value of NOK 0.15.

Aben Minerals Closes Private Placement

Retrieved on: 
Tuesday, May 23, 2023
ABM, TSX Venture Exchange, CAD, Private placement, News, Private, Placement, Security (finance)

Vancouver, BC, May 23, 2023 (GLOBE NEWSWIRE) -- Aben Minerals Ltd. (TSX-V: ABM ) (OTCQB: ABNAF ) (Frankfurt: R26 ) (“Aben” or “the Company”) is pleased to announce that, further to its news release issued May 19, 2023 it has closed a non-brokered private placement financing for total gross proceeds of $500,000 (the “Private Placement”).

Key Points: 
  • Vancouver, BC, May 23, 2023 (GLOBE NEWSWIRE) -- Aben Minerals Ltd. (TSX-V: ABM ) (OTCQB: ABNAF ) (Frankfurt: R26 ) (“Aben” or “the Company”) is pleased to announce that, further to its news release issued May 19, 2023 it has closed a non-brokered private placement financing for total gross proceeds of $500,000 (the “Private Placement”).
  • The Company has 5,000,000 units (the “Units”) at a price of CAD $0.10 per Unit.
  • The Company intends to use the proceeds from this Private Placement towards exploration expenditures and general working capital purposes.
  • The Private Placement is subject to final TSX Venture Exchange approval, and all securities are subject to a four-month-and-one-day hold period.

Volcon, Inc. Announces $9.0 Million in Securities Offerings and Pricing of Previously Announced Public Offering

Retrieved on: 
Monday, May 22, 2023
Exercise, Attention, Note, News & Notes, Placement, Telephone, Sale, Public expenditure, Prospectus, Offering, Form S-3, Warrant, Form, Security (finance)

The Offering consists of 6,000,000 shares of common stock at a price of $0.75 per share.

Key Points: 
  • The Offering consists of 6,000,000 shares of common stock at a price of $0.75 per share.
  • Gross proceeds of the Offering will be approximately $4.5 million, assuming no exercise of the over-allotment option.
  • The Company intends to use the net proceeds from the Offering for general corporate purposes, including working capital, operating expenses and capital expenditures.
  • Aegis Capital Corp. is acting as the sole book-running manager for the Offering.