Securities offering

STS GLOBAL INC. JOINS NETWORK INNOVATIONS, ENHANCING THE DESIGN AND DELIVERY OF CUSTOMIZED CONNECTIVITY SOLUTIONS TO GLOBAL CLIENTS

Retrieved on: 
Monday, January 24, 2022

Network Innovations announces the acquisition of satellite communications company, STS Global Inc.

Key Points: 
  • Network Innovations announces the acquisition of satellite communications company, STS Global Inc.
    Network Innovations will complement STS Global's capabilities in integration and engineering design, as they continue to operate under their existing management team.
  • "Network Innovations proudly welcomes STS Global, including its CEO Mr. David Hershberg, current management, and the entire team, to Network Innovations.
  • David Hershberg, CEO of STS Global, commented: "We are glad to be part of the Network Innovations team.
  • STS Global Inc. is a telecom, satellite, and media solutions company, bringing a knowledge-based value proposition to a global set of clients.

Going Public, a Groundbreaking Interactive Series, Premieres Tuesday, January 18

Retrieved on: 
Monday, January 17, 2022

Hosted by Lauren Simmons, the youngest-ever female trader on the floor of the New York Stock Exchange and only the second Black female to have ever held the position, "Going Public" is produced by Emmy-nominated studio INE Entertainment, whose credits include "The Biggest Loser" and "MasterChef." The series also features leadership advice and guidance from three accomplished entrepreneurs -- Jaime Schmidt, Founder of Schmidt's Naturals, Josh Snow, Founder of Snow Oral Care, and Jeff Hoffman, Chairman of the Global Entrepreneurship Network.

Key Points: 
  • The ten-episode series will stream on Entrepreneur.com and Benzinga.com, reaching an estimated 30 million monthly unique visitors between the two media platforms.
  • Along the way, viewers are educated through on-screen graphics and are told about the associated investing risks.
  • "Going Public" is a ten-episode groundbreaking interactive series that follows the stories of founders on their capital-raising journey.
  • The companies featured in the "Going Public" series have engaged Dalmore Group LLC ("Dalmore") to serve as broker-dealer of record for their Securities Offerings.

Tachyum Triples Company Valuation On Closing of Series B Funding Round

Retrieved on: 
Tuesday, July 20, 2021

Tachyum today announced that it has closed its Series B funding round, led by private equity investor IPM Group in cooperation with the Slovak wealth manager, Across Private Investments.

Key Points: 
  • Tachyum today announced that it has closed its Series B funding round, led by private equity investor IPM Group in cooperation with the Slovak wealth manager, Across Private Investments.
  • Tens of millions of dollars are raised in series B.
  • We are pleased to reinforce our position as the lead investor in Tachyums Series B round and to support Tachyum in its further development on the way to production.
  • Tachyum is planning a Series C funding round to provide the capital necessary to achieve profitability.

Elastic Announces Proposed Private Offering of $500 Million of Senior Unsecured Notes

Retrieved on: 
Monday, June 28, 2021

Elastic intends to use the net proceeds of the offering for general corporate purposes, which may include capital expenditures, investments and working capital.

Key Points: 
  • Elastic intends to use the net proceeds of the offering for general corporate purposes, which may include capital expenditures, investments and working capital.
  • The notes have not been and will not be registered under the Securities Act, or the securities laws of any other jurisdiction.
  • Any offers of the notes will be made only by means of a private offering memorandum.
  • Such statements include plans, projections and estimates regarding the offering and the receipt and use of the net proceeds from the offering.

Aiforia Raises €12.6M in Series B Funding to Enhance Precision Diagnostics and Preclinical Analysis in Pathology

Retrieved on: 
Thursday, June 3, 2021

HELSINKI, June 3, 2021 /PRNewswire/ --Aiforia, a software company providing AI-based solutions for clinical and preclinical image analysis in pathology, announced today the closing of the first 12.6M tranche of their Series B round.

Key Points: 
  • HELSINKI, June 3, 2021 /PRNewswire/ --Aiforia, a software company providing AI-based solutions for clinical and preclinical image analysis in pathology, announced today the closing of the first 12.6M tranche of their Series B round.
  • The funding round has the potential to reach 25.2M if investors exercise the optional second tranche.
  • The funding round is led by Epredia's UK entity, a subsidiary of PHC Holdings Corporation.
  • KPMG acted as a financial advisor to Aiforia in the successful Series B round.

Ticketing-as-a-Service software provider Red61 closes a late seed investment round, signs key new clients & plans for further growth with a Series A round

Retrieved on: 
Tuesday, May 18, 2021

Completing this late seed funding round is validation of what the team at Red61 has achieved and shows the confidence that our funding partners have in what we\'re doing and where we\'re taking the company.

Key Points: 
  • Completing this late seed funding round is validation of what the team at Red61 has achieved and shows the confidence that our funding partners have in what we\'re doing and where we\'re taking the company.
  • "\nThe latest investment is a key step in the company\'s overall growth strategy and is an encouraging precursor to Red61\'s planned Series A round.
  • Please visit www.red61.com for further information.\nPar Equity is a leading, early-stage venture capital firm, investing in innovative, high growth technology companies.
  • The firm was also a finalist for the Best EIS Investment Manager award at the 2019 Growth Investor Awards.\n'

Instil Bio Announces Pricing of Upsized Initial Public Offering

Retrieved on: 
Friday, March 19, 2021

DALLAS, March 18, 2021 (GLOBE NEWSWIRE) -- Instil Bio, Inc. (Instil), a clinical-stage biopharmaceutical company focused on developing an innovative cell therapy pipeline of autologous TIL therapies for the treatment of patients with cancer, today announced the pricing of its upsized initial public offering of 16,000,000 shares of common stock at a price to the public of $20.00 per share.

Key Points: 
  • DALLAS, March 18, 2021 (GLOBE NEWSWIRE) -- Instil Bio, Inc. (Instil), a clinical-stage biopharmaceutical company focused on developing an innovative cell therapy pipeline of autologous TIL therapies for the treatment of patients with cancer, today announced the pricing of its upsized initial public offering of 16,000,000 shares of common stock at a price to the public of $20.00 per share.
  • The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Instil, are expected to be $320.0 million, excluding any exercise of the underwriters option to purchase additional shares.
  • In addition, Instil has granted the underwriters a 30-day option to purchase up to 2,400,000 additional shares of common stock at the initial public offering price less underwriting discounts and commissions.
  • This press release contains certain forward-looking statements, including statements with regard to Instils proposed securities offering.

Autolus Announces Proposed Public Offering in the United States

Retrieved on: 
Monday, February 8, 2021

All ADSs to be sold in the proposed offering will be offered by Autolus.

Key Points: 
  • All ADSs to be sold in the proposed offering will be offered by Autolus.
  • Autolus also intends to grant the underwriters a 30-day option to purchase up to an additional $15 million of ADSs at the public offering price, on the same terms and conditions.
  • The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or the actual size or terms of the offering.
  • This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements with regard to Autolus proposed securities offering.

Digital Power-Optimization Completes Seed II Funding Round

Retrieved on: 
Wednesday, January 27, 2021

NEW YORK, Jan. 27, 2021 /PRNewswire/ --Digital Power-Optimization LLC (or "DPO") has completed a $440,000 Seed II funding round at a $4,000,000 post-money valuation.

Key Points: 
  • NEW YORK, Jan. 27, 2021 /PRNewswire/ --Digital Power-Optimization LLC (or "DPO") has completed a $440,000 Seed II funding round at a $4,000,000 post-money valuation.
  • DPO had previously raised a $100,000 Seed I funding round in September 2020 and began initial mining operations in November 2020.
  • The latest funding will allow DPO to increase headcount, ramp up marketing and business development efforts, and deploy additional mining computers at new pilot locations.
  • This Seed II capital raise was fully funded by Salutem Capital, a NY-based investment firm, with all existing DPO investors participating in the raise to offset dilution and capture further upside.

Dadventures Raises $2 Million in Seed Funding to Expand Curated Family Entertainment Platform

Retrieved on: 
Tuesday, January 26, 2021

Dadventures , a curated discovery platform that matches families with vetted local and home entertainment, announced the closure of its successful $2 million seed funding round.

Key Points: 
  • Dadventures , a curated discovery platform that matches families with vetted local and home entertainment, announced the closure of its successful $2 million seed funding round.
  • Dadventures currently reaches over 100,000 parents a week and has seen over 125 percent growth in users, driven by increased demand for fun and safe family entertainment during the pandemic.
  • Dadventures will use its seed funding dollars to grow its subscription member base, the number of cities in which it supports parents and its Original events offering, while expanding its curated family entertainment discovery tools to include more features and enhanced personalization.
  • This round of seed funding will help us expand our offerings to continue to provide memorable experiences to kids and parents alike.