Follow-on offering

Pactiv Evergreen Inc. (currently known as Reynolds Group Holdings Limited) Announces Pricing of Initial Public Offering

Thursday, September 17, 2020 - 3:00am

Pactiv Evergreen Inc. (currently known as Reynolds Group Holdings Limited) (the Company) today announced the pricing of its initial public offering of 41,026,000 shares of its common stock at a price to the public of $14.00 per share.

Key Points: 
  • Pactiv Evergreen Inc. (currently known as Reynolds Group Holdings Limited) (the Company) today announced the pricing of its initial public offering of 41,026,000 shares of its common stock at a price to the public of $14.00 per share.
  • In addition, the Company granted the underwriters a 30-day option to purchase up to an additional 6,153,900 shares of common stock from the Company at the initial public offering price, less underwriting discounts and commissions.
  • An entity affiliated with Mr. Graeme Hart, the beneficial owner of the Companys sole shareholder prior to the offering, has agreed to purchase 3,571,428 shares of common stock in the offering at the initial public offering price.
  • The offering is expected to close on September 21, 2020, subject to customary closing conditions.

21Vianet Announces Pricing of Follow-on Offering of 17,000,000 American Depositary Shares

Wednesday, August 26, 2020 - 9:41am

BEIJING, Aug. 26, 2020 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (21Vianet or the Company) (Nasdaq: VNET), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced the pricing of a follow-on offering by it of 17,000,000 American depositary shares (ADSs), each representing six of its Class A ordinary shares (the Follow-on Offering), at a public offering price of US$20.75 per ADS.

Key Points: 
  • BEIJING, Aug. 26, 2020 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (21Vianet or the Company) (Nasdaq: VNET), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced the pricing of a follow-on offering by it of 17,000,000 American depositary shares (ADSs), each representing six of its Class A ordinary shares (the Follow-on Offering), at a public offering price of US$20.75 per ADS.
  • The underwriters will have a 30-day option to purchase up to an aggregate of 2,550,000 additional ADSs from 21Vianet at the same price.
  • The offering is expected to close on August 28, 2020, subject to customary closing conditions.
  • Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC and Jefferies LLC are acting as joint book-running managers for the Follow-on Offering.

Sprout Social Announces Pricing of Follow-on Public Offering

Thursday, August 13, 2020 - 12:02am

CHICAGO, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (Sprout Social or the Company) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced the pricing of its follow-on public offering of 6,000,000 shares of Class A common stock at a public offering price of $27.50 per share.

Key Points: 
  • CHICAGO, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (Sprout Social or the Company) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced the pricing of its follow-on public offering of 6,000,000 shares of Class A common stock at a public offering price of $27.50 per share.
  • The Company is offering 1,500,000 shares of its Class A common stock and selling stockholders are offering 4,500,000 shares of Class A common stock in the offering.
  • Sprout Social offers deep social media listening and analytics, social management, customer care, and advocacy solutions to more than 24,000 brands and agencies worldwide.
  • Forward-looking statements in this release include, but are not limited to, statements concerning the satisfaction of customary closing conditions related to the public offering and Sprouts ability to complete the public offering.

Shareholder Alert: Robbins LLP is Investigating the Officers and Directors of CrossFirst Bankshares, Inc. (CFB) on Behalf of Shareholders

Thursday, August 13, 2020 - 12:01am

Shareholder rights law firm Robbins LLP informs shareholders that it is investigating CrossFirst Bankshares, Inc. (NASDAQ: CFB) for potential material misstatements and violations of federal securities laws pursuant to its August 2019 initial public offering ("IPO").

Key Points: 
  • Shareholder rights law firm Robbins LLP informs shareholders that it is investigating CrossFirst Bankshares, Inc. (NASDAQ: CFB) for potential material misstatements and violations of federal securities laws pursuant to its August 2019 initial public offering ("IPO").
  • On August 15, 2019, CrossFirst completed its IPO offering approximately 7 million shares at $14.50 per share raising $101.5 million in proceeds.
  • Since its IPO, CrossFirst's stock has precipitously declined, and by August 11, 2020, shares of CrossFirst closed at around $9.90 per share, representing a staggering decline of almost 32% from its IPO share price.
  • If you purchased shares of CrossFirst stock and suffered a loss, click here .

Goodfood Completes its Previously Announced Bought Deal Public Offering of Common Shares and Announces the Exercise in Full of the Over-Allotment Option for a Total Offering of $40 Million

Wednesday, August 5, 2020 - 1:52pm

The Offering represents gross proceeds of approximately $25.0 million to the Company and approximately $10.0 million to the Selling Shareholders.

Key Points: 
  • The Offering represents gross proceeds of approximately $25.0 million to the Company and approximately $10.0 million to the Selling Shareholders.
  • Aggregate gross proceeds of the Offering, including the Over-Allotment Option, is approximately $28.8 million to the Company and $11.5 million to the Selling Shareholders, for an aggregate of $40.3 million.
  • Goodfood is very pleased with the success of and interest in the Offering including the full exercise of the Over-Allotment Option.
  • The Offered Shares were offered by way of short form prospectus in all of the provinces of Canada.

Achieve Life Sciences Announces Proposed Public Offering

Monday, August 3, 2020 - 9:00pm

In addition, Achieve intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering.

Key Points: 
  • In addition, Achieve intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering.
  • The offering is subject to market and other 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.
  • Lake Street Capital Markets LLC is acting as the sole book-running manager in the offering.
  • Achieve intends to use the proceeds from the offering to fund clinical research and development, and for general working capital.

Shareholder Alert: Robbins LLP Reminds Investors It is Investigating the Officers and Directors of ECMOHO Ltd. (MOHO) on Behalf of Shareholders

Tuesday, July 28, 2020 - 5:57pm

Shareholder rights law firm Robbins LLP reminds shareholders that it is investigating ECMOHO Ltd. (NASDAQ: MOHO) for potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering ("IPO").

Key Points: 
  • Shareholder rights law firm Robbins LLP reminds shareholders that it is investigating ECMOHO Ltd. (NASDAQ: MOHO) for potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering ("IPO").
  • On November 8, 2019, ECMOHO completed its IPO offering approximately 4.4 million shares at $10 per share and raising $48 million in proceeds.
  • Since its IPO, ECMOHO's stock has precipitously declined and by July 20, 2020, shares of ECMOHO closed at only $2.07 per share, representing a staggering decline of approximately 79% from its IPO share price.
  • If you purchased shares of ECMOHO stock in its November 2019 IPO at $10 per share, click here .

VERB Announces Closing of $13.8 Million Underwritten Public Offering and Full Exercise of Over-Allotment Option

Friday, July 24, 2020 - 9:15pm

The offering was comprised of shares of common stock priced at a public offering price of $1.10 per share.

Key Points: 
  • The offering was comprised of shares of common stock priced at a public offering price of $1.10 per share.
  • A total of 12,545,453 shares of common stock were issued in the offering, including the full exercise of the over-allotment option.
  • A final prospectus relating to this offering was filed by Verb with the SEC.
  • This press release contains forward-looking statements that involve risks and uncertainties, including statements about the closing of the offering of common stock.

Shareholder Alert: Robbins LLP is Investigating the Officers and Directors of ECMOHO Ltd. (MOHO) on Behalf of Shareholders

Wednesday, July 22, 2020 - 12:31am

Shareholder rights law firm Robbins LLP informs shareholders that it is investigating ECMOHO Ltd. (NASDAQ: MOHO) for potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering ("IPO").

Key Points: 
  • Shareholder rights law firm Robbins LLP informs shareholders that it is investigating ECMOHO Ltd. (NASDAQ: MOHO) for potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering ("IPO").
  • On November 8, 2019, ECMOHO completed its IPO offering approximately 4.4 million shares at $10 per share and raising $48 million in proceeds.
  • Since its IPO, ECMOHO's stock has precipitously declined and by July 20, 2020, shares of ECMOHO closed at only $2.07 per share, representing a staggering decline of approximately 79% from its IPO share price.
  • If you purchased shares of ECMOHO stock in its November 2019 IPO at $10 per share, click here .

Ping Identity Announces Upsize and Pricing of Follow-on Offering of Common Stock by Selling Shareholders

Thursday, July 9, 2020 - 1:22am

Ping Identity Holding Corp. (NYSE: PING) (Ping Identity), the Intelligent Identity solution for the enterprise, today announced the upsize and pricing of a public follow-on offering of 8,977,968 shares of its common stock by certain selling shareholders at $32.00 per share.

Key Points: 
  • Ping Identity Holding Corp. (NYSE: PING) (Ping Identity), the Intelligent Identity solution for the enterprise, today announced the upsize and pricing of a public follow-on offering of 8,977,968 shares of its common stock by certain selling shareholders at $32.00 per share.
  • The offering was upsized from the previously announced offering size of 7,500,000 shares of Ping Identitys common stock.
  • Ping Identity will not receive any proceeds from the sale of shares by the selling shareholders, and will not issue any shares of its common stock in the offering.
  • These forward-looking statements reflect Ping Identitys current intentions, expectations or beliefs regarding the proposed common stock offering.