Date

Shapeways Holdings, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Monday, March 25, 2024
Date, Employment, Shapeways

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (Nasdaq: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, today announced that on March 20, 2024 (the “Date of Grant”), the Company granted inducement stock options covering an aggregate of 15,000 shares of Shapeways’ common stock to 4 newly hired non-executive employees.

Key Points: 
  • NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (Nasdaq: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, today announced that on March 20, 2024 (the “Date of Grant”), the Company granted inducement stock options covering an aggregate of 15,000 shares of Shapeways’ common stock to 4 newly hired non-executive employees.
  • The awards were granted under Company’s 2022 New Employee Equity Incentive Plan (the “Inducement Plan”), which provides for the granting of equity awards to new employees of Shapeways by the Company’s compensation committee in accordance with Nasdaq Listing Rule 5635(c)(4).
  • Each of the stock options granted as referenced in this press release has an exercise price of $1.71, the closing price of Shapeways’ common stock on the date prior to the Date of Grant.
  • Each stock option vests over a four-year period, with one-fourth of the shares vesting on the first anniversary of the employee’s start date (the “First Vesting Date”), and the remaining shares vesting in thirty-six equal monthly installments over the next three years, commencing with the first month following the First Vesting Date, subject to continued employment with the Company through the applicable vesting dates.

AMC Networks Commences Tender Offer for Any and All Senior Notes due 2025

Retrieved on: 
Monday, March 25, 2024
BofA Securities, Settlement date, Sale, Expiration, Date, Settlement, Tender, Hand, J.P. Morgan & Co., Security (finance)

Holders of Notes tendering their Notes after the Early Tender Date will only be eligible to receive the Tender Offer Consideration set forth in the table above (the “Tender Offer Consideration”), which is the Total Consideration less the Early Tender Premium.

Key Points: 
  • Holders of Notes tendering their Notes after the Early Tender Date will only be eligible to receive the Tender Offer Consideration set forth in the table above (the “Tender Offer Consideration”), which is the Total Consideration less the Early Tender Premium.
  • Holders of Notes who tender their Notes after the Withdrawal Date, but prior to the Expiration Date, may not withdraw their tendered Notes unless withdrawal rights are otherwise required by applicable law.
  • The Offer is being made solely pursuant to terms and conditions set forth in the Offer to Purchase.
  • Any questions regarding procedures for tendering Notes and requests for documents should be directed to the Information Agent for the Offer, D.F.

Iovance Biotherapeutics Reports Inducement Grants under NASDAQ Listing Rule 5635(c)(4)

Retrieved on: 
Friday, March 22, 2024
Date, Patient, SAN, Cancer, Employment, TIL

SAN CARLOS, Calif., March 22, 2024 (GLOBE NEWSWIRE) -- Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) ("Iovance" or the “Company”), a biotechnology company focused on innovating, developing, and delivering novel polyclonal tumor infiltrating lymphocyte (TIL) therapies for patients with cancer, today announced that on March 22, 2024 (the “Date of Grant”), the Company approved the grant of inducement stock options covering an aggregate of 97,700 shares of Iovance’s common stock to twenty new, non-executive employees.

Key Points: 
  • SAN CARLOS, Calif., March 22, 2024 (GLOBE NEWSWIRE) -- Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) ("Iovance" or the “Company”), a biotechnology company focused on innovating, developing, and delivering novel polyclonal tumor infiltrating lymphocyte (TIL) therapies for patients with cancer, today announced that on March 22, 2024 (the “Date of Grant”), the Company approved the grant of inducement stock options covering an aggregate of 97,700 shares of Iovance’s common stock to twenty new, non-executive employees.
  • The awards were granted under Iovance’s 2021 Inducement Plan, which was adopted on September 22, 2021 and amended on January 12, 2022 and May 10, 2023, and provides for the granting of equity awards to new employees of Iovance by the Company’s compensation committee in accordance with Nasdaq Listing Rule 5635(c)(4).
  • Each of the stock options granted as referenced in this press release has an exercise price of $15.02, the closing price of Iovance’s common stock on the Date of Grant.
  • Each stock option vests over a three-year period, with one-third of the shares vesting on the first anniversary of the employee’s start date (the “First Vesting Date”), and the remaining shares vesting in eight quarterly installments over the next two years, commencing with the first quarter following the First Vesting Date, subject to continued employment with the Company through the applicable vesting dates.

Bombardier Announces Cash Tender Offer for Certain Outstanding Senior Notes

Retrieved on: 
Friday, March 22, 2024
TD Securities, Expiration, Date, Nature, Settlement, Tender offer, Tender, Trustee, Debt-to-GDP ratio, Hand, RBC Capital Markets, Security (finance)

The Total Consideration includes, in each case, an early tender payment (the “Early Tender Payment”) of US$30.00 for each US$1,000 principal amount of the Notes, which Early Tender Payment is in addition to the Tender Offer Consideration (as defined below).

Key Points: 
  • The Total Consideration includes, in each case, an early tender payment (the “Early Tender Payment”) of US$30.00 for each US$1,000 principal amount of the Notes, which Early Tender Payment is in addition to the Tender Offer Consideration (as defined below).
  • Holders must decide whether to tender Notes, and if tendering, the amount of Notes to tender.
  • Bombardier has retained RBC Capital Markets, LLC and TD Securities (USA) LLC to serve as dealer managers for the Tender Offer.
  • Bombardier has retained Global Bondholder Services Corporation to act as the information and tender agent in respect of the Tender Offer.

Vior Announces $20 Million Private Placement

Retrieved on: 
Wednesday, March 20, 2024
Mining, TSX Venture Exchange, Exercise, Exchange, CEE, Sale, Amend, Policy, Minority, VIO, Acceleration, Irish Republican Army (1919–1922), News, Date, Originality, IRA, Income Tax Act, Offering, QTA, Agent, Security (finance)

It is expected that approximately $13 million will be raised from FT Units and $7 million from Hard Units and Subscription Receipts.

Key Points: 
  • It is expected that approximately $13 million will be raised from FT Units and $7 million from Hard Units and Subscription Receipts.
  • Each Hard Unit and Subscription Receipt will have an issue price of $0.125 and each FT Unit will have an issue price of $0.2225.
  • The Over-Allotment Option will be exercisable, in whole or in part, up to 48 hours prior to the Closing Date.
  • The parties are expected to enter into a definitive royalty option agreement (the “Royalty Option Agreement”).

Subversive Cannabis ETF (LGLZ) to Close

Retrieved on: 
Wednesday, March 20, 2024
Trustee, Tidal, Capital gain, Date, Trust, Fund, CBOE, Security (finance)

CHICAGO and MILWAUKEE and NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Tidal ETF Trust have decided to liquidate and close the Subversive Cannabis ETF (LGLZ) (the “Fund”), based on the recommendation of the Fund’s investment adviser, Tidal Investments LLC, and the Fund’s investment sub-adviser, Subversive Capital Advisor LLC.

Key Points: 
  • CHICAGO and MILWAUKEE and NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Tidal ETF Trust have decided to liquidate and close the Subversive Cannabis ETF (LGLZ) (the “Fund”), based on the recommendation of the Fund’s investment adviser, Tidal Investments LLC, and the Fund’s investment sub-adviser, Subversive Capital Advisor LLC.
  • The Board of Trustees concluded that liquidating and closing the Fund would be in the best interest of the Fund and its shareholders.
  • The Fund will cease trading on the Cboe BZX Exchange, Inc. (“CBOE”) and will be closed to purchases by investors as of the close of regular trading on the CBOE on March 28, 2024 (the “Closing Date”).
  • Shareholders may sell their holdings in the Fund prior to the Closing Date and customary brokerage charges may apply to these transactions.

Keyarch Acquisition Corporation Announces Extraordinary General Meeting of Shareholders to Vote on Proposed Business Combination With Zooz Power Ltd.; Form F-4 Declared Effective

Retrieved on: 
Tuesday, March 19, 2024
Transfer, EV, Madison Avenue, Communication, Date, Form, Sale, Acquisition, Security (finance), Business analyst, CRIMINAL, Meeting, Prospectus, PARTIES, Person, Form F-4, KYCH, Register

Keyarch’s board of directors unanimously recommends that Keyarch shareholders vote “FOR” all of the proposals to be voted upon at the extraordinary general meeting, including approval of the proposed business combination and definitive agreement.

Key Points: 
  • Keyarch’s board of directors unanimously recommends that Keyarch shareholders vote “FOR” all of the proposals to be voted upon at the extraordinary general meeting, including approval of the proposed business combination and definitive agreement.
  • Keyarch shareholders of record at the close of business on March 18, 2024 (the “Record Date”) will be entitled to vote at the extraordinary general meeting.
  • Keyarch will commence mailing the definitive proxy statement/prospectus and related materials to such shareholders on or about March 20, 2024.
  • The registration statement on Form F-4 of ZOOZ, declared effective by the SEC on March 18, 2024, serves as both a proxy statement of Keyarch (for the extraordinary general meeting of Keyarch shareholders) and as a prospectus (registering ZOOZ shares to be issued under the definitive agreement).

AAPKI Ventures Inc. Announces Debenture Financing

Retrieved on: 
Monday, March 18, 2024
Debenture, Date, FFT, Finance Secretary (India), Security (finance)

Surrey, BC, March 18, 2024 (GLOBE NEWSWIRE) -- AAPKI Ventures Inc., formerly Pushfor Tech Inc. ("AAPKI" or the "Company") (CSE: APKI) (FFT: 64Q), is pleased to announce its intention to conduct a non-brokered private placement of unsecured convertible debentures (each a “Debenture”) with an aggregate principal amount (the "Principal Amount”) of up to $500,000.

Key Points: 
  • Surrey, BC, March 18, 2024 (GLOBE NEWSWIRE) -- AAPKI Ventures Inc., formerly Pushfor Tech Inc. ("AAPKI" or the "Company") (CSE: APKI) (FFT: 64Q), is pleased to announce its intention to conduct a non-brokered private placement of unsecured convertible debentures (each a “Debenture”) with an aggregate principal amount (the "Principal Amount”) of up to $500,000.
  • This Debenture will allow investors to convert their debentures into units of the Company at a conversion price of $0.05 per unit.
  • Each unit will be comprised of one common share and one share purchase warrant.
  • The proceeds of the financing will be used for the expansion of the Company's business and for general corporate purposes.

W&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Recourse Term Loan with Munich Re

Retrieved on: 
Monday, March 18, 2024
Loan, Munich Re, Date, Credit, Finance Secretary (India), Term loan

HOUSTON, March 18, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced modifications to the first-lien non-recourse term loan (the “Term Loan”) between its wholly-owned special purpose vehicles (the “SPVs”) and Munich Re Reserve Risk Financing, Inc. ("MRRF"), which is expected to provide additional liquidity to the Company over 2024 without increasing the Company’s net leverage.

Key Points: 
  • HOUSTON, March 18, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced modifications to the first-lien non-recourse term loan (the “Term Loan”) between its wholly-owned special purpose vehicles (the “SPVs”) and Munich Re Reserve Risk Financing, Inc. ("MRRF"), which is expected to provide additional liquidity to the Company over 2024 without increasing the Company’s net leverage.
  • The Term Loan was initially arranged on May 19, 2021 (“Closing Date”) and had a principal balance of $215 million which has been amortized down to around $114 million as of December 31, 2023.
  • There have been a few alterations to the Credit Agreement signed by the SPVs and MRRF on May 19, 2021 (the “Original Credit Agreement”).
  • Through its 100% ownership in the SPVs, W&T retains the upside value in the Mobile Bay Assets.

Rackspace Technology Announces Launch of Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028

Retrieved on: 
Thursday, March 14, 2024
Letter, PDF, Documentation, Offers, Table (information), Exchange, CUSIP, Sale, Regulation, Date, Participation, Settlement, Note, Expiration, Exchange offer, Issuer, Late, Person, Security (finance)

(2) Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.

Key Points: 
  • (2) Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.
  • Interest on the Exchange Notes will accrue from March 12, 2024, with the first interest payment occurring on August 15, 2024.
  • The Exchange Offer will expire at 5:00 p.m., New York City time, on April 11, 2024 (such time and date, as the same may be extended, the “Expiration Time”).
  • Once your response has been reviewed and cleared by Epiq, you will receive the Offering Memorandum from Epiq by email.