Truist

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Agilon, NBH, and Shoals and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, April 6, 2024

In return, agilon takes on the responsibility of managing the total cost and quality of care for those patients.

Key Points: 
  • In return, agilon takes on the responsibility of managing the total cost and quality of care for those patients.
  • This model incentivizes agilon and its contracted physician partners to focus on preventive care and improve health outcomes in order to control costs.
  • If the total cost of caring for patients is less than the fixed payments agilon receives, it realizes a profit.
  • Securities analysts were shocked by the disclosure and linked Shoals’ sharp stock price decline to the warranty charge.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Agilon, NBH, and Shoals and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, April 2, 2024

In return, agilon takes on the responsibility of managing the total cost and quality of care for those patients.

Key Points: 
  • In return, agilon takes on the responsibility of managing the total cost and quality of care for those patients.
  • This model incentivizes agilon and its contracted physician partners to focus on preventive care and improve health outcomes in order to control costs.
  • If the total cost of caring for patients is less than the fixed payments agilon receives, it realizes a profit.
  • Securities analysts were shocked by the disclosure and linked Shoals’ sharp stock price decline to the warranty charge.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Agilon, NBH, and Shoals and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, March 29, 2024

In return, agilon takes on the responsibility of managing the total cost and quality of care for those patients.

Key Points: 
  • In return, agilon takes on the responsibility of managing the total cost and quality of care for those patients.
  • This model incentivizes agilon and its contracted physician partners to focus on preventive care and improve health outcomes in order to control costs.
  • If the total cost of caring for patients is less than the fixed payments agilon receives, it realizes a profit.
  • Securities analysts were shocked by the disclosure and linked Shoals’ sharp stock price decline to the warranty charge.

Praxis Precision Medicines, Inc. Announces Pricing of $200 Million Public Offering

Retrieved on: 
Thursday, March 28, 2024

The gross proceeds from the offering are expected to be approximately $200 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Praxis.

Key Points: 
  • The gross proceeds from the offering are expected to be approximately $200 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Praxis.
  • All shares and pre-funded warrants in the offering are being offered by Praxis.
  • In addition, Praxis has granted the underwriters a 30-day option to purchase up to 530,973 additional shares of common stock at the public offering price, less underwriting discounts and commissions.
  • The offering is expected to close on or about April 2, 2024, subject to market conditions and the satisfaction of customary closing conditions.

Praxis Precision Medicines, Inc. Announces Proposed Public Offering

Retrieved on: 
Wednesday, March 27, 2024

All securities in the offering will be offered by Praxis.

Key Points: 
  • All securities in the offering will be offered by Praxis.
  • Piper Sandler, Guggenheim Securities and Truist Securities are acting as joint book-running managers for the offering.
  • The offering is subject to market and other customary closing conditions, and there can be no assurance as to whether or when the offering may be completed.
  • The proposed offering will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus.

SHOALS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Shoals Technologies Group, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, March 25, 2024

Investors have until May 21, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until May 21, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • These components were backed by a product warranty Shoals provided to its customers.
  • The 2Q23 10-Q disclosed that Shoals had recorded a warranty liability of $9.3 million related to the shrinkback issue.
  • As investors belatedly found out, Shoals had installed defective wire harnesses in at least 300 solar fields.

Kratos Defense & Security Solutions, Inc. Prices Public Offering of Common Stock

Retrieved on: 
Friday, February 23, 2024

SAN DIEGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (“Kratos”) (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced the pricing of an underwritten offering of 16,666,667 shares of its common stock at a public offering price of $18.00 per share pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”).

Key Points: 
  • SAN DIEGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (“Kratos”) (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced the pricing of an underwritten offering of 16,666,667 shares of its common stock at a public offering price of $18.00 per share pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”).
  • The net proceeds to Kratos from the offering, after deducting underwriting discounts and commissions, are expected to be approximately $288 million.
  • Kratos has also granted the underwriters a 30-day option to purchase up to an additional 2,500,000 shares of common stock.
  • All of the shares in the offering are to be sold by Kratos.

Kratos Defense & Security Solutions, Inc. Announces Proposed Public Offering of Common Stock

Retrieved on: 
Wednesday, February 21, 2024

The underwriters will have a 30-day option to purchase up to an additional $45,000,000 of shares of common stock from Kratos.

Key Points: 
  • The underwriters will have a 30-day option to purchase up to an additional $45,000,000 of shares of common stock from Kratos.
  • All of the shares in the offering are to be sold by Kratos.
  • The proposed offering is subject to market and other conditions.
  • The preliminary prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC.

VICI Properties Announces Pricing of Public Offering of $1.05 Billion of Senior Unsecured Notes

Retrieved on: 
Thursday, March 7, 2024

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that its subsidiary, VICI Properties L.P. (the “Issuer”), has priced a public offering of $1.05 billion in aggregate principal amount of senior unsecured notes (the “Notes”) consisting of:

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that its subsidiary, VICI Properties L.P. (the “Issuer”), has priced a public offering of $1.05 billion in aggregate principal amount of senior unsecured notes (the “Notes”) consisting of:
    $550 million aggregate principal amount of 5.750% senior unsecured notes due 2034 (the “2034 Notes”).
  • The 2034 Notes will be issued at 99.186% of par value and will mature on April 1, 2034.
  • $500 million aggregate principal amount of 6.125% senior unsecured notes due 2054 (the “2054 Notes”).
  • The 2054 Notes will be issued at 98.192% of par value and will mature on April 1, 2054.

John Marshall Bank Hires Lianne Wang as Senior Vice President, Regional Executive in Alexandria Market

Retrieved on: 
Monday, March 4, 2024

John Marshall Bank (“JMB” or the “Bank”), subsidiary of John Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is proud to announce the recent hire of Lianne Wang as Senior Vice President, Regional Executive in the Alexandria Market.

Key Points: 
  • John Marshall Bank (“JMB” or the “Bank”), subsidiary of John Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is proud to announce the recent hire of Lianne Wang as Senior Vice President, Regional Executive in the Alexandria Market.
  • Ms. Wang brings over 25 years of banking and leadership experience to the Bank and its Alexandria team.
  • View the full release here: https://www.businesswire.com/news/home/20240304883750/en/
    Lianne L. Wang - SVP, Regional Executive - Alexandria (Photo: Business Wire)
    Ms. Wang most recently served as a Senior Vice President, Business Banking Leader for Truist in the DC Metro Area.
  • Her history of business development, portfolio management, and service oriented banking will serve to develop and strengthen the Bank’s relationships in the Alexandria Market.