New Options Initiative (For Youth)

Opthea Successfully Completes Institutional Offer and Increases Capital Raising to A$90.0m (US$57.6 million¹)

Retrieved on: 
Monday, August 28, 2023
New Options Initiative (For Youth), OPT, ASIC, Date, Placement, AMD, Model Business Corporation Act, S&P/ASX 200, ASX, Corporations Act 2001, Entitlement, Prospectus, Corporation, US, Shore, CTH, Institution, Option, Patient, COAST, Cryptocurrency, Rare-earth element, Security (finance), Pharmaceutical industry

The non-underwritten institutional placement (Placement) and the institutional component (Institutional Entitlement Offer) of the fully underwritten 1 for 3.07 pro-rata accelerated non-renounceable entitlement offer (Entitlement Offer) together raised approximately A$73.7m.

Key Points: 
  • The non-underwritten institutional placement (Placement) and the institutional component (Institutional Entitlement Offer) of the fully underwritten 1 for 3.07 pro-rata accelerated non-renounceable entitlement offer (Entitlement Offer) together raised approximately A$73.7m.
  • Approximately 160.2m shares will be issued under the Placement and the Institutional Entitlement Offer (New Shares) at an offer price of A$0.46 per New Share.
  • Eligible institutional shareholders took up approximately 47.0% of their entitlements with the shortfall placed to both new and existing institutional shareholders.
  • Trading Halt and announcement of the Equity Raising, lodgement of Offer Documents, including Prospectus with ASIC
    Announcement of completion of the Institutional Entitlement offer, trading halt lifted, existing securities recommence trading

SGH Announces Exchange of $150.0 Million of its Existing 2.25% Convertible Senior Notes due 2026 for 2.000% Convertible Senior Notes due 2029 and Repurchase of Approximately 325,000 of its Ordinary Shares

Retrieved on: 
Thursday, January 19, 2023
Software, Technology, Hardware, Data Management, Sino-Japanese Journalist Exchange Agreement, SMART, Finance Secretary (India), SEC Rule 144A, Observation, Note, Sale, Convertible, New Options Initiative (For Youth), SGH, Security (finance), Cryptocurrency, Bank

In connection with the Exchange Transactions, SGH also intends to repurchase approximately 325,000 of SGH’s outstanding ordinary shares for approximately $5.4 million (the “Ordinary Share Repurchase Transactions”).

Key Points: 
  • In connection with the Exchange Transactions, SGH also intends to repurchase approximately 325,000 of SGH’s outstanding ordinary shares for approximately $5.4 million (the “Ordinary Share Repurchase Transactions”).
  • Upon completion of the Exchange Transactions, the aggregate principal amount of the Existing Convertible Notes outstanding will be $100.0 million, and the aggregate principal amount of the New Convertible Notes outstanding will be $150.0 million.
  • SGH will not receive any cash proceeds from the issuance of the New Convertible Notes pursuant to the Exchange Transactions.
  • The New Convertible Notes will mature on February 1, 2029 (the “Maturity Date”), unless earlier repurchased, redeemed or converted.

NMG Engages Hybrid Financial and Announces Cancellation of Options

Retrieved on: 
Thursday, December 1, 2022
Automotive Manufacturing, Alternative Energy, Data Management, Green Technology, Energy, Sustainability, Manufacturing, Alternative Vehicles, Fuels, Technology, Finance, EV, Electric Vehicles, Professional Services, Batteries, Environment, Automotive, Other Energy, NYSE, NMG, Tax, Sale, Exchange, Consultant, Project finance, ESG, TSX Venture Exchange, COVID-19, The Exchange, Mining, The Company, Service, New Options Initiative (For Youth), News, NOU, SEDAR, Project, Special-purpose acquisition company, Select Committee On Lynas Advanced Materials Plant (LAMP), Théâtre du Nouveau Monde, Database, Risk factor, Security (finance), Publishing, Risk management, Hybrid, EDGAR

The services provided by Hybrid to the Company are the access and use of a database of registered financial professionals in North America (the "Services").

Key Points: 
  • The services provided by Hybrid to the Company are the access and use of a database of registered financial professionals in North America (the "Services").
  • Hybrid has agreed to comply with all applicable securities laws and the policies of the Exchange in providing the Services.
  • Pursuant to the Hybrid Agreement, Hybrid has been retained by the Company for an initial period of six months.
  • The Company is seeking approval from the Exchange to cancel 487,804 options (the "Initial Options") granted to SD Capital and GKB Ventures, consultants of the Company and grant 453,048 new options (the "New Options") to the same consultants.