Private

PharmaTher Announces CAD$10 Million Private Placement With Institutional Investors

Friday, September 24, 2021 - 1:00pm

TORONTO, Sept. 24, 2021 (GLOBE NEWSWIRE) -- PharmaTher Holdings Ltd. (the “Company” or “PharmaTher”) (CSE: PHRM), a clinical-stage psychedelics biotech company, is pleased to announce that it has entered into a securities purchase agreement with institutional investors for a private placement of its common shares (“Common Shares”) and warrants to purchase common shares (“Warrants”) for gross proceeds of CAD$10 million (the “Private Placement”). Pursuant to the Private Placement, the Company will issue 15,625,000 Common Shares and Warrants to purchase up to 15,625,000 Common Shares at a purchase price of CAD$0.64 per Common Share and associated Warrant. Each Warrant will entitle the holder to purchase one Common Share at an exercise price of CAD$0.80 per Common Share and will be immediately exercisable upon issuance for a period of five years following the issuance date.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
    TORONTO, Sept. 24, 2021 (GLOBE NEWSWIRE) -- PharmaTher Holdings Ltd. (the Company or PharmaTher) (CSE: PHRM), a clinical-stage psychedelics biotech company, is pleased to announce that it has entered into a securities purchase agreement with institutional investors for a private placement of its common shares (Common Shares) and warrants to purchase common shares (Warrants) for gross proceeds of CAD$10 million (the Private Placement).
  • Pursuant to the Private Placement, the Company will issue 15,625,000 Common Shares and Warrants to purchase up to 15,625,000 Common Shares at a purchase price of CAD$0.64 per Common Share and associated Warrant.
  • H.C. Wainwright & Co. is acting as the exclusive placement agent for the Private Placement.
  • No securities were offered or sold to Canadian residents in connection with the Private Placement.

GigCapital5, Inc. Announces Pricing of $200,000,000 Initial Public Offering

Friday, September 24, 2021 - 1:04am

GigCapital5, Inc. (NYSE: GIA.U) (the Company or GigCapital5) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit.

Key Points: 
  • GigCapital5, Inc. (NYSE: GIA.U) (the Company or GigCapital5) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit.
  • Each whole warrant entitles the holder to purchase one share of common stock of the Company at a price of $11.50 per share.
  • The offering is expected to close on September 28, 2021, subject to customary closing conditions.
  • This news release contains statements that constitute forward-looking statements, including with respect to the initial public offering and the anticipated use of the net proceeds.

Catalent Announces Upsizing and Pricing of Private Offering of Senior Unsecured Notes Due 2030

Thursday, September 23, 2021 - 11:49pm

The Notes will be guaranteed by all of the wholly owned U.S. subsidiaries of the Operating Subsidiary that guarantee its senior secured credit facilities.

Key Points: 
  • The Notes will be guaranteed by all of the wholly owned U.S. subsidiaries of the Operating Subsidiary that guarantee its senior secured credit facilities.
  • The Notes will not be guaranteed by PTS Intermediate Holdings, LLC or Catalent, the direct and indirect parent companies of the Operating Subsidiary.
  • The Private Offering is exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act).
  • The sale of the Notes is expected to be consummated on September 29, 2021, subject to customary closing conditions.

Kay Properties Team of Delaware Statutory Trust 1031 Experts Help Real Estate Investor Successfully Complete a $2 Million All-Cash/Debt-Free Tax Deferred 1031 Exchange

Thursday, September 23, 2021 - 5:00pm

LOS ANGELES, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Kay Properties & Investments recently announced another successful completion of an all-cash/debt-free Delaware Statutory Trust 1031 exchange.

Key Points: 
  • LOS ANGELES, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Kay Properties & Investments recently announced another successful completion of an all-cash/debt-free Delaware Statutory Trust 1031 exchange.
  • Kay Properties & Investments is very special to the 1031 exchange market because we do nothing but work in the DST space day in and day out.
  • According to Chay Lapin, DST 1031 expert and Kay Properties President who supervised the exchange process, the transaction first entailed extensive education for both the real estate broker and the investor client.
  • What made this DST 1031 exchange so special was that it was originally brought to us through the real estate broker.

New Analysis from Global Industry Analysts Reveals Steady Growth for Fire Resistant Cables, with the Market to Reach $2.2 Billion Worldwide by 2026

Thursday, September 23, 2021 - 4:31pm

SAN FRANCISCO, Sept. 23, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fire Resistant Cables - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Sept. 23, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Fire Resistant Cables - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • In the global LSZH segment, USA, Canada, Japan, China and Europe will drive the 2.7% CAGR estimated for this segment.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

GigSky First to Launch Cellular Data on the Helium Blockchain

Thursday, September 23, 2021 - 2:00pm

US Helium nationwide mobile data plan will be broadly available in the GigSky mobile app and will be free to try, exclusively to anybody purchasing their Helium 5G miner from CalChip Connect.

Key Points: 
  • US Helium nationwide mobile data plan will be broadly available in the GigSky mobile app and will be free to try, exclusively to anybody purchasing their Helium 5G miner from CalChip Connect.
  • GigSky provides affordable and reliable mobile data coverage in over 190 countries through its GigSky App & eSIM service for iPhone and Android.
  • GigSkys US Helium nationwide data plan, soon available through the GigSky app, will be the first and easiest way to try the Helium cellular network in action.
  • The first 5 gigabytes of US nationwide cellular data and unlimited data on self-hosted Helium 5G infrastructure will be available to all members of the Helium community who purchase and deploy the Helium 5G bundle from CalChip Connect and download the GigSky app.

SADA Helps Evite Achieve Triple Digit Growth

Thursday, September 23, 2021 - 1:00pm

Evite, which had been a Google Cloud and SADA customer before the pandemic, immediately reached out to SADA to help it identify opportunities to reduce costs while maintaining flexibility to ramp up when business returned.

Key Points: 
  • Evite, which had been a Google Cloud and SADA customer before the pandemic, immediately reached out to SADA to help it identify opportunities to reduce costs while maintaining flexibility to ramp up when business returned.
  • SADA said, Whats happening with your business and how can we help?
  • I had never heard that before from a technology company, said Victor Cho, CEO of Evite.
  • SADA teams have helped enterprise clients in healthcare, media, entertainment, retail, manufacturing and the public sector achieve their boldest ambitions and solve their most complex problems.

Best’s Market Segment Report: Appetite for Flood Risk Among Private Insurers Still Small

Thursday, September 23, 2021 - 1:35pm

So far, insurers providing private coverage appear more inclined to cover commercial risk, with over 70% of overall private flood premium generated from commercial property exposures.

Key Points: 
  • So far, insurers providing private coverage appear more inclined to cover commercial risk, with over 70% of overall private flood premium generated from commercial property exposures.
  • The Bests Market Segment Report, titled, Appetite for Flood Risk Among Private Insurers Still Small, notes that private insurers tend to avoid flood-prone areas.
  • The NFIP still bears the heaviest burden of the U.S. flood market, but private flood insurers generated almost $3.1 billion in total direct premium during 2016-2020.
  • Higher premium costs for federal flood insurance should make the private insurance pricing more competitive, driving more insureds to the private market.

Catalent Announces Launch of Private Offering of $450 Million of Senior Unsecured Notes Due 2030

Thursday, September 23, 2021 - 12:49pm

The Notes will be guaranteed by all of the wholly owned U.S. subsidiaries of the Operating Subsidiary that guarantee its senior secured credit facilities.

Key Points: 
  • The Notes will be guaranteed by all of the wholly owned U.S. subsidiaries of the Operating Subsidiary that guarantee its senior secured credit facilities.
  • The Notes will not be guaranteed by PTS Intermediate Holdings, LLC or Catalent, the direct and indirect parent companies of the Operating Subsidiary.
  • There can be no assurance that the Operating Subsidiary will consummate either (i) the Private Offering on favorable terms or at all or (ii) the Bettera Acquisition.
  • This release contains both historical and forward-looking statements, including statements regarding the Bettera Acquisition, the Private Offering and plans, projections and estimates regarding the use of proceeds from the Private Offering.

At Annual OCEANS 2021, Sofar Ocean Debuts First-of-Its-Kind Maritime Open Standard, Bristlemouth, with Partners DARPA, the Office of Naval Research & Oceankind

Thursday, September 23, 2021 - 1:00pm

Sofar CEO, Tim Janssen, will join partners from DARPA, the Office of Naval Research (ONR) & Oceankind today to unveil Bristlemouth and its full-stack capabilities for ocean sensing, discovery and intelligence.

Key Points: 
  • Sofar CEO, Tim Janssen, will join partners from DARPA, the Office of Naval Research (ONR) & Oceankind today to unveil Bristlemouth and its full-stack capabilities for ocean sensing, discovery and intelligence.
  • Potential applications of Bristlemouth range from climate science research and extreme weather forecasting to commercial sectors including offshore renewables and insurance.
  • View today's panel discussion "Connected Oceans with Bristlemouth: Bridging Public and Private Sector to Launch Open Standard" by registering for OCEANS 2021 here .
  • Sofar Ocean connects the world's oceans to provide data-driven insights to science, society and industry for a more sustainable planet.