Form

Vaccinex, Inc. Announces $1.5 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules

Retrieved on: 
Wednesday, March 27, 2024
Exercise, Form, Sale, Cancer, Transaction, S-3, Regulation D, Security (finance)

The registered direct offering and concurrent private placement are referred to herein as the “Transactions.”

Key Points: 
  • The registered direct offering and concurrent private placement are referred to herein as the “Transactions.”
    The closing of the Transactions is expected to occur on or about March 28, 2024, subject to the satisfaction of customary closing conditions.
  • The gross proceeds from the Transactions are expected to be approximately $1.5 million, before deducting financial advisory fees and other estimated expenses related to the Transactions.
  • The Company intends to use the net proceeds from the Transactions for working capital and general corporate purposes.
  • A prospectus supplement describing the terms of the registered direct offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov.

Global Star Acquisition Inc. and K Enter Announce Public Filing of Registration Statement on Form F-4 in Connection with Proposed Business Combination

Retrieved on: 
Tuesday, March 26, 2024
GLST, Form, F-4, Acquisition, Global Star, Security (finance), IP, Form F-4, Cryptocurrency

On June 15, 2023, K Enter entered into a definitive business combination agreement with Global Star.

Key Points: 
  • On June 15, 2023, K Enter entered into a definitive business combination agreement with Global Star.
  • This transaction will result in K Enter becoming a public company and will trade on the Nasdaq Stock Exchange (“NASDAQ”).
  • The registration statement on Form F-4 includes a preliminary prospectus with respect to the proposed business combination between Global Star and K Enter.
  • While the registration statement on Form F-4 has not yet become effective and the information contained therein is subject to change, it provides important information about K Enter and the proposed business combination with Global Star.

Progress Announces First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, March 26, 2024
ARR, Environment, Rate, Form, Webcast, ASU, Acquisition, Form 10-K, Software, Table, Security (finance), Insurance, Progress, Annual report, GAAP, MOVEit, Cryptocurrency

BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal first quarter ended February 29, 2024.

Key Points: 
  • Progress will hold a conference call to review its financial results for the fiscal first quarter of 2024 at 5:00 p.m.
  • Progress furnishes certain non-GAAP supplemental information to our financial results.
  • A reconciliation of non-GAAP adjustments to Progress' GAAP financial results is included in the tables at the end of this press release.
  • Acquisition-related expenses – We exclude acquisition-related expenses in order to provide a more meaningful comparison of the financial results to our historical operations and forward-looking guidance and the financial results of less acquisitive peer companies.

Rent the Runway Announces 1-for-20 Reverse Stock Split

Retrieved on: 
Tuesday, March 26, 2024
Transfer, Common stock, Form, CUSIP, Reverse stock split, RTR, Eastern Time Zone, Security (finance)

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or the “RTR”) (NASDAQ: RENT) today announced that it will proceed with a 1-for-20 reverse stock split (“Reverse Stock Split”) of its outstanding shares of Class A Common Stock and Class B Common Stock (collectively, the “Common Stock”) following approval by its Board of Directors.

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or the “RTR”) (NASDAQ: RENT) today announced that it will proceed with a 1-for-20 reverse stock split (“Reverse Stock Split”) of its outstanding shares of Class A Common Stock and Class B Common Stock (collectively, the “Common Stock”) following approval by its Board of Directors.
  • The Reverse Stock Split is expected to become effective at 5 p.m., Eastern Time, on April 2, 2024.
  • When the Reverse Stock Split is effective, every 20 shares of Rent the Runway Common Stock issued and outstanding will be combined automatically into 1 share of Common Stock.
  • The Reverse Stock Split will apply equally to all outstanding shares of the Class A Common Stock and Class B Common Stock, and each stockholder will hold the same percentage of Class A Common Stock and Class B Common Stock outstanding immediately following the Reverse Stock Split, except for adjustments that may result from the treatment of fractional shares.

Lelantos Holdings Expands Stock Offerings with Filing of Tier 1 Regulation A Statement and Employee Stock Ownership Program

Retrieved on: 
Tuesday, March 26, 2024
ESOP, Growth, Regulation A, Environment, IBN, Employee stock ownership, Form, Security (finance), Reg, OTC, Consultant

A) and an Employee Stock Ownership Program (ESOP).

Key Points: 
  • A) and an Employee Stock Ownership Program (ESOP).
  • Lelantos has successfully filed both Form 1-A and the Regulation A Offering Statement and is authorized to issue securities through the registration.
  • An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock.
  • An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock.

AppTech Payments Corp. Announces Pricing of $2.0 Million Underwritten Public Offering of Common Stock

Retrieved on: 
Tuesday, March 26, 2024
Madison Avenue, EF Hutton, Form, Telephone, Sale, Prospectus, Life insurance

CARLSBAD, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the “Company”), a pioneering fintech company powering frictionless commerce, today announced the pricing of its previously announced underwritten public offering of 2,000,000 shares of its common stock at a public offering price of $1.00 per share for aggregate gross proceeds of approximately $2.0 million, prior to deducting underwriting discounts and other offering expenses.

Key Points: 
  • CARLSBAD, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the “Company”), a pioneering fintech company powering frictionless commerce, today announced the pricing of its previously announced underwritten public offering of 2,000,000 shares of its common stock at a public offering price of $1.00 per share for aggregate gross proceeds of approximately $2.0 million, prior to deducting underwriting discounts and other offering expenses.
  • In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 shares of common stock at the public offering price per share, less the underwriting discounts to cover over-allotments, if any.
  • The offering is expected to close on March 27, 2024, subject to satisfaction of customary closing conditions.
  • AppTech intends to use the net proceeds from the offering for integration of existing business, working capital and general corporate purposes.

e.GO Announces Nasdaq Delisting Notice

Retrieved on: 
Tuesday, March 26, 2024
Letter, Form, Staff, Security (finance), Calendar

AACHEN, Germany, March 26, 2024 (GLOBE NEWSWIRE) -- Next.e.GO N.V. (NASDAQ:EGOX) (“e.GO”) today announced that on March 25, 2024 the Company received a Staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the Staff’s determination to delist the Company’s securities because the Company’s securities have had a closing bid price below $0.10 for ten consecutive trading days, which triggers a notice of delisting pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”).

Key Points: 
  • AACHEN, Germany, March 26, 2024 (GLOBE NEWSWIRE) -- Next.e.GO N.V. (NASDAQ:EGOX) (“e.GO”) today announced that on March 25, 2024 the Company received a Staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the Staff’s determination to delist the Company’s securities because the Company’s securities have had a closing bid price below $0.10 for ten consecutive trading days, which triggers a notice of delisting pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”).
  • In addition to the $0.10 Rule delisting notice, the Company also currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the “Minimum Bid Price Rule”).
  • If the Company’s securities fail to regain compliance with the Minimum Bid Price Rule, Nasdaq will have an additional basis for delisting the securities.
  • The Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirements under the Nasdaq Listing Rules for continued listing on Nasdaq.

Marex Group plc Announces Filing of Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Tuesday, March 26, 2024
Attention, Seventh Avenue, Madison Avenue, Goldman Sachs, 4th floor, Form, Keefe, Bruyette & Woods, Marex, Sale, Prospectus, Broadridge Financial Solutions, Jefferies, Equity capital markets, Jefferies Group, Barclays, Cryptocurrency

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.
  • The timing of the offering, number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Barclays, Goldman Sachs & Co. LLC, Jefferies, and Keefe, Bruyette & Woods, a Stifel Company, are acting as joint lead book-running managers for the proposed offering.
  • A registration statement relating to these securities has been filed with the SEC but has not yet become effective.

AppTech Payments Corp. Announces Proposed Underwritten Public Offering of Common Stock

Retrieved on: 
Monday, March 25, 2024
Madison Avenue, EF Hutton, Form, Telephone, Sale, Fintech, Prospectus, S-3

CARLSBAD, Calif., March 25, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the “Company”), a pioneering Fintech company powering frictionless commerce, today announced that it intends to offer to sell shares of its common stock and pre-funded warrants to purchase shares of its common stock in an underwritten public offering.

Key Points: 
  • CARLSBAD, Calif., March 25, 2024 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the “Company”), a pioneering Fintech company powering frictionless commerce, today announced that it intends to offer to sell shares of its common stock and pre-funded warrants to purchase shares of its common stock in an underwritten public offering.
  • All of the shares of common stock and pre-funded warrants are to be sold by the Company.
  • The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
  • AppTech intends to use the net proceeds from the offering for integration of existing business, working capital and general corporate purposes.

INNOVATE Corp. Announces Extension of Rights Offering Subscription Period

Retrieved on: 
Monday, March 25, 2024
Form, Prospectus, Form S-3, Sale, Panzer corps

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE), a diversified holding company, announced today that its Board of Directors has extended the subscription period for its rights offering to 5:00 p.m. Eastern Time on April 9, 2024, in order to allow stockholders and noteholders who are entitled to participate in the rights offering (holders of record of the Company’s common stock, Series A-3 Preferred Stock, Series A-4 Preferred Stock and 2026 Convertible Notes as of 5:00 p.m. Eastern Time on March 6, 2024) additional time to participate.

Key Points: 
  • NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE), a diversified holding company, announced today that its Board of Directors has extended the subscription period for its rights offering to 5:00 p.m. Eastern Time on April 9, 2024, in order to allow stockholders and noteholders who are entitled to participate in the rights offering (holders of record of the Company’s common stock, Series A-3 Preferred Stock, Series A-4 Preferred Stock and 2026 Convertible Notes as of 5:00 p.m. Eastern Time on March 6, 2024) additional time to participate.
  • The rights offering is being made pursuant to INNOVATE’s effective shelf registration statement on Form S-3, filed with the SEC on September 29, 2023 and declared effective on October 6, 2023, and a prospectus supplement containing the detailed terms of the rights offering filed with the SEC on March 8, 2024.
  • This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities (including without limitation the preferred stock issued and sold in the concurrent private placement), nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction.
  • The rights offering was made only by means of a prospectus and a related prospectus supplement, copies of which were distributed to all eligible rights holders as of the rights offering record date and may also be obtained free of charge at the website maintained by the SEC at www.sec.gov or by contacting the information agent for the rights offering.