Security (finance)

Field Trip Health Ltd. Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results and Provides Business Update Including Corporate Reorganization

Retrieved on: 
Thursday, June 30, 2022 - 3:00am

In May, 2022, launched Field Trip at Home Powered by Nue Life, an advanced wellness platform for personalized, at-home psychedelic care.

Key Points: 
  • In May, 2022, launched Field Trip at Home Powered by Nue Life, an advanced wellness platform for personalized, at-home psychedelic care.
  • TORONTO, June 29, 2022 (GLOBE NEWSWIRE) -- Field Trip Health Ltd. (TSX: FTRP; FTRP.WT; NASDAQ: FTRP) ("Field Trip"), a leader in the development and delivery of psychedelic therapies, reported fiscal fourth quarter and full year 2022 results for the period ended March 31, 2022 and provided a business update.
  • Post quarter end, Field Trip announced the completion of its previously announced strategic review and the intention to complete a reorganization that will separate the Field Trip Discovery and Field Trip Health Divisions into two independent public companies (the Spinout Transaction).
  • Throughout the fiscal fourth quarter, the Company continued to implement operational improvements to reduce costs and increase throughput at its Field Trip Health Centers.

Verrica Announces Pricing of Public Offering of Common Stock

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Thursday, June 30, 2022 - 2:23am

WEST CHESTER, Pa., June 29, 2022 (GLOBE NEWSWIRE) -- Verrica Pharmaceuticals Inc. (Verrica) (NASDAQ: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced the pricing of its underwritten public offering of 12,000,000 shares of its common stock at a price to the public of $2.10 per share.

Key Points: 
  • WEST CHESTER, Pa., June 29, 2022 (GLOBE NEWSWIRE) -- Verrica Pharmaceuticals Inc. (Verrica) (NASDAQ: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced the pricing of its underwritten public offering of 12,000,000 shares of its common stock at a price to the public of $2.10 per share.
  • In addition, Verrica has granted to the underwriter a 30-day option to purchase up to 1,800,000 additional shares of common stock at the public offering price, less the underwriting discount.
  • The gross proceeds from the offering to Verrica are expected to be approximately $25.2 million, before deducting underwriting discounts and commissions and offering expenses, but excluding any exercise of the underwriters option.
  • However, while Verrica may elect to update these forward-looking statements at some point in the future, Verrica specifically disclaims any obligation to do so.

Constellation Brands Announces Exchange of Canopy Notes

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Thursday, June 30, 2022 - 2:05am

The transaction forms part of an exchange by Canopy of an aggregate of approximately C$255,373,000 principal amount of Notes held by certain holders, including Greenstar (together, the Exchanging Holders) into Common Shares.

Key Points: 
  • The transaction forms part of an exchange by Canopy of an aggregate of approximately C$255,373,000 principal amount of Notes held by certain holders, including Greenstar (together, the Exchanging Holders) into Common Shares.
  • As the Exchange Price is not yet known, the actual number of Common Shares issuable to Greenstar pursuant to the Exchange Agreement is not yet known.
  • Assuming the Market Price and current exchange rates, Greenstar would receive an aggregate of 21,929,914 Common Shares, representing approximately 5.4% of the currently issued outstanding Common Shares.
  • Prior to the Second Supplement and entering the Exchange Agreement, Greenstar, individually, held 37,753,802 Common Shares, no warrants and C$200,000,000 principal amount of Notes.

Grayscale Investments® Initiates Lawsuit Against the SEC

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Thursday, June 30, 2022 - 2:03am

“Grayscale supports and believes in the SEC’s mandate to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation -- and we are deeply disappointed by and vehemently disagree with the SEC's decision to continue to deny spot Bitcoin ETFs from coming to the U.S. market,” said Michael Sonnenshein, Grayscale’s CEO. “Through the ETF application review process, we believe American investors overwhelmingly voiced a desire to see GBTC convert to a spot Bitcoin ETF, which would unlock billions of dollars of investor capital while bringing the world’s largest Bitcoin fund further into the U.S. regulatory perimeter. We will continue to leverage the full resources of the firm to advocate for our investors and the equitable regulatory treatment of Bitcoin investment vehicles.”

Key Points: 
  • NEW YORK, June 29, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager, today announced that its Senior Legal Strategist, former U.S.
  • Since 2013, Grayscale has worked to build the worlds largest Bitcoin investment vehicle: GBTC.
  • Grayscale has voluntarily filed registration statements with the SEC that have increased information available to investors, and subjected these products to increased SEC oversight.
  • Founded in 2013, Grayscale has a proven track record and deep expertise as the worlds largest digital currency asset manager.

ROSEN, A TOP RANKED FIRM, Encourages HUMBL, LLC Investors With Losses to Secure Counsel Before Important July 19 Deadline in Securities Class Action – HMBL

Retrieved on: 
Thursday, June 30, 2022 - 3:00am

WHAT TO DO NEXT: To join the Humbl class action, go to https://rosenlegal.com/submit-form/?case_id=6398 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Humbl class action, go to https://rosenlegal.com/submit-form/?case_id=6398 or call Phillip Kim, Esq.
  • If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2022.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ARQQ FINAL DEADLINE NOTICE: ROSEN, A LEADING AND RANKED FIRM, Encourages Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. Investors to Secure Counsel Before Important July 5 Deadline in Securities Class Action Filed by the Firm – ARQQ, ARQQW, CENH,

Retrieved on: 
Thursday, June 30, 2022 - 3:00am

WHAT TO DO NEXT: To join the Arqit class action, go to https://rosenlegal.com/submit-form/?case_id=5481 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Arqit class action, go to https://rosenlegal.com/submit-form/?case_id=5481 or call Phillip Kim, Esq.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ROSEN, A LEADING LAW FIRM, Encourages First High-School Education Group Co., Ltd. Investors With Losses to Secure Counsel Before Important July 11 Deadline in Securities Class Action – FHS

Retrieved on: 
Thursday, June 30, 2022 - 3:00am

WHAT TO DO NEXT: To join the First High-School Education Group class action, go to https://rosenlegal.com/submit-form/?case_id=6131 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the First High-School Education Group class action, go to https://rosenlegal.com/submit-form/?case_id=6131 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Nuvation Bio Inc. with Losses of $100,000 to Contact the Firm

Retrieved on: 
Thursday, June 30, 2022 - 2:06am

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Nuvation Bio Inc. (Nuvation or the Company) (NYSE: NUVB ) for violations of the securities laws.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Nuvation Bio Inc. (Nuvation or the Company) (NYSE: NUVB ) for violations of the securities laws.
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

Shanghai Wensheng Asset Management Co., Ltd. Completes its Third Round of Fundraising

Retrieved on: 
Thursday, June 30, 2022 - 2:06am

Shanghai Wensheng Asset Management Co., Ltd. (Wensheng) is pleased to announce that Blackstone Inc., Gortune Investment Ltd. and Guangfa Securities Co. Ltd. have made minority equity investments in Wensheng as part of the companys third round of fundraising in October 2021.

Key Points: 
  • Shanghai Wensheng Asset Management Co., Ltd. (Wensheng) is pleased to announce that Blackstone Inc., Gortune Investment Ltd. and Guangfa Securities Co. Ltd. have made minority equity investments in Wensheng as part of the companys third round of fundraising in October 2021.
  • View the full release here: https://www.businesswire.com/news/home/20220629006003/en/
    Shanghai Wensheng Asset Management Co., Ltd. Completes its Third Round of Fundraising (Photo: Business Wire)
    Zhijie Zhou, Founder of Wensheng, said, Through its business expansion, Wensheng has transitioned from a traditional non-performing loan servicer to an investment bank for distressed companies and an alternative asset manager.
  • Wensheng Asset Management Co., Ltd., founded in 2006, is well-established in the field of non-performing loans.
  • Its businesses include non-performing asset investment and services, restructuring of distressed companies, and distressed real estate restructuring.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against First High-School, Upstart, Oscar, and Axsome and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 30, 2022 - 2:00am

First High-School Education Group Co., Ltd. (NYSE: FHS)

Key Points: 
  • First High-School Education Group Co., Ltd. (NYSE: FHS)
    First High-School Education provides tutoring services and operates private high schools in Western China.
  • Then, on May 14, 2021, Chinas state council announced rules that it would further tighten regulations on compulsory education and training institutions.
  • For more information on the Axsome class action go to: https://bespc.com/cases/AXSM
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.