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Bill.com Announces Closing of $1.38 Billion of Common Stock, Including Full Exercise of Underwriters’ $180.0 Million Option to Purchase Additional Shares

Friday, September 24, 2021 - 9:05pm

Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering.

Key Points: 
  • Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering.
  • Jefferies LLC, Deutsche Bank Securities Inc., Barclays Capital Inc. and KeyBanc Capital Markets Inc. acted as bookrunners for the offering.
  • Canaccord Genuity LLC, Needham & Company, LLC, Nomura Securities International, Inc., Oppenheimer & Co. Inc., Piper Sandler & Co. and William Blair & Company, L.L.C.
  • Bill.com estimates that the net proceeds from the offering will be approximately $1.34 billion, after deducting the underwriters discount and estimated offering expenses payable by Bill.com.

Kensington Capital Acquisition Corp. II and Wallbox Announce Final Exchange Ratio for Proposed Business Combination

Friday, September 24, 2021 - 9:53pm

WESTBURY, N.Y. and BARCELONA, SPAIN, Sept. 24, 2021 /PRNewswire/ -- Kensington Capital Acquisition Corp. II (NYSE: KCAC) ("Kensington") and Wall Box Chargers, S.L.

Key Points: 
  • WESTBURY, N.Y. and BARCELONA, SPAIN, Sept. 24, 2021 /PRNewswire/ -- Kensington Capital Acquisition Corp. II (NYSE: KCAC) ("Kensington") and Wall Box Chargers, S.L.
  • ("Wallbox") today announced that they have determined the exchange ratio to be 240.990816528527 as of the anticipated date for Closing (as defined below) in accordance with the terms of the Business Combination Agreement, dated as of June 9, 2021 (the "Business Combination Agreement"), among Kensington, Wallbox B.V. ("Holdco"), Orion Merger Sub Corp. and Wallbox, pursuant to which, among other things, Kensington and Wallbox will enter into a business combination.
  • Kensington Capital Acquisition Corp. II (NYSE: KCAC) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with a business in the automotive and automotive-related sector.
  • ("Wallbox"), Wallbox B.V. and Kensington Capital Acquisition Corp. II ("Kensington").

Consolidated Communications Announces Definitive Agreement to Sell its Ohio Assets

Friday, September 24, 2021 - 9:00pm

Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) (Company) has entered into an agreement to sell its Ohio assets to Middle Point Home Telephone Company (MPH), an affiliate of Hanson Communications, Inc.

Key Points: 
  • Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) (Company) has entered into an agreement to sell its Ohio assets to Middle Point Home Telephone Company (MPH), an affiliate of Hanson Communications, Inc.
  • Consolidateds Ohio operations contributed approximately $9 million of revenue in fiscal 2020 and includes approximately 4,000 access lines and 3,900 Internet connections.
  • The closing on this agreement is subject to customary regulatory approvals, which are expected to be completed by the end of the year.
  • Our family is very excited to enter into this agreement and expand our Ohio service area, said Bruce Hanson, treasurer and owner of family-owned Hanson Communications.

Color Star Technology Co., Ltd. Announces Entry into Agreement for Registered Direct Placement of Approximately $21.5 Million Ordinary Shares and Warrants

Friday, September 24, 2021 - 3:59pm

The gross proceeds from the sale of the securities, before deducting placement agent fees and other estimated offering expenses payable by the Company, will be approximately $21.5 million.

Key Points: 
  • The gross proceeds from the sale of the securities, before deducting placement agent fees and other estimated offering expenses payable by the Company, will be approximately $21.5 million.
  • The Company will issue to the investors an aggregate of 31,624,924 ordinary shares and warrants to purchase an aggregate of 22,137,446 ordinary shares.
  • The Company will also issue a warrant to purchase 948,747 ordinary shares to the placement agent.
  • The investor warrants and placement agent warrants are initially exercisable at $1.00 per share.

MMA Personality Ariel Helwani Named BetMGM Brand Ambassador

Friday, September 24, 2021 - 3:00pm

JERSEY CITY, N.J., Sept. 24, 2021 /PRNewswire/ -- BetMGM , a leading sports betting and digital gaming company, announced today the signing of mixed martial arts (MMA) journalist Ariel Helwani as a brand ambassador.

Key Points: 
  • JERSEY CITY, N.J., Sept. 24, 2021 /PRNewswire/ -- BetMGM , a leading sports betting and digital gaming company, announced today the signing of mixed martial arts (MMA) journalist Ariel Helwani as a brand ambassador.
  • Helwani, an award-winning media personality, will integrate BetMGM into his promotional content and also be featured in upcoming BetMGM marketing campaigns, social media content and promotions, as well as fan events.
  • He currently hosts The MMA Hour for Vox media as well as The Ringer MMA Show podcast, breaking down the latest fights across MMA, boxing and pro wrestling.
  • Matt Prevost, Chief Revenue Officer, BetMGM, said, "Ariel has played a prominent role over the years in growing MMA to the masses.

Horizon Acquisition Corporation and Vivid Seats Announce Effectiveness of Registration Statement in Connection with Proposed Business Combination

Friday, September 24, 2021 - 2:29pm

The Registration Statement provides important information about Horizon, Vivid Seats and the Business Combination and can be found on the SECs website at https://www.sec.gov under the ticker SEAT.

Key Points: 
  • The Registration Statement provides important information about Horizon, Vivid Seats and the Business Combination and can be found on the SECs website at https://www.sec.gov under the ticker SEAT.
  • Additional information regarding the interests of such participants will be set forth in the Registration Statement for the proposed business combination when available.
  • Vivid Seats and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Horizon in connection with the proposed business combination.
  • Neither Vivid Seats nor Horizon gives any assurance that either Vivid Seats or Horizon will achieve its expectations.

Onconova Therapeutics, Inc. Announces Pricing of $21 Million Public Offering of Common Stock

Friday, September 24, 2021 - 1:00pm

NEWTOWN, Pa., Sept. 24, 2021 (GLOBE NEWSWIRE) -- Onconova Therapeutics, Inc. (NASDAQ: ONTX) (Onconova), a biopharmaceutical company focused on discovering and developing novel products to treat cancer, today announced the pricing of an underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $4.20 per share.

Key Points: 
  • NEWTOWN, Pa., Sept. 24, 2021 (GLOBE NEWSWIRE) -- Onconova Therapeutics, Inc. (NASDAQ: ONTX) (Onconova), a biopharmaceutical company focused on discovering and developing novel products to treat cancer, today announced the pricing of an underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $4.20 per share.
  • The gross proceeds of the offering to the Company are expected to be $21 million, before deducting the underwriting discounts and commissions and other estimated offering expenses.
  • In addition, Onconova granted the underwriters a thirty-day option to purchase up to an additional 750,000 shares of common stock at the public offering price, less underwriting discounts and commissions.
  • Ladenburg Thalmann & Co. Inc. and Noble Capital Markets, Inc. are acting as co-managers for the offering.

America First Multifamily Investors, L.P. Announces Pricing of its Public Offering of Beneficial Unit Certificates

Friday, September 24, 2021 - 1:00pm

The offering is expected to close on or about September 28, 2021, subject to customary closing conditions.

Key Points: 
  • The offering is expected to close on or about September 28, 2021, subject to customary closing conditions.
  • The Partnership has granted the underwriters a 30-day option to purchase up to an additional 712,500 BUCs in connection with the offering.
  • Total estimated gross proceeds of the offering are approximately $29.0 million or approximately $33.3 million if the underwriters exercise their option to purchase additional shares in full.
  • 333-235259) relating to the offered securities was previously declared effective by the Securities and Exchange Commission (SEC) on December 6, 2019.

Iveda Completes Audit, Files Form 10-12g and Applies for Uplisting to the OTCQB

Friday, September 24, 2021 - 12:00pm

The completion of the audit allowed Iveda to file Form 10-12g with the Securities and Exchange Commission (SEC).

Key Points: 
  • The completion of the audit allowed Iveda to file Form 10-12g with the Securities and Exchange Commission (SEC).
  • Iveda will resume periodic filing of financial information in Forms 10-Q and 10-K.
  • The filing of the Form 10-12g has allowed Iveda to apply to uplist to the OTCQB.
  • Iveda and Sentir are registered trademarks of Iveda Solutions, Inc. IvedaAI, IvedaPinpoint and IvedaHome are trademarks of Iveda Solutions, Inc. All other trademarks are property of their respective owners.

Hyatt Announces the Exercise of the Underwriters’ Option to Purchase Additional Shares of Common Stock

Friday, September 24, 2021 - 11:45am

Hyatt Hotels Corporation (Hyatt or the Company) (NYSE: H), a leading global hospitality company, announced today that, in connection with its previously announced underwritten registered public offering of 7,000,000 shares of its Class A common stock, the underwriters have fully exercised their option to purchase an additional 1,050,000 shares from the Company.

Key Points: 
  • Hyatt Hotels Corporation (Hyatt or the Company) (NYSE: H), a leading global hospitality company, announced today that, in connection with its previously announced underwritten registered public offering of 7,000,000 shares of its Class A common stock, the underwriters have fully exercised their option to purchase an additional 1,050,000 shares from the Company.
  • The exercise of this option increases the size of the offering to an aggregate of 8,050,000 shares at a public offering price of $74.50 per share.
  • The shares are expected to be delivered on or about September 27, 2021, subject to customary closing conditions.
  • If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.