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Cielo Announces Closing of Second Tranche of Private Placement of Convertible Debenture Units

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星期五, 四月 5, 2024

CALGARY, Alberta, April 05, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the second tranche (“Tranche 2”), for gross proceeds of C $1,480,000, of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement"). The Company intends to continue to offer the Convertible Debenture Units on the same terms and close one or more subsequent tranches during the month of April 2024.

Key Points:

CALGARY, Alberta, April 05, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the second tranche (“Tranche 2”), for gross proceeds of C $1,480,000, of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement").
The Company intends to continue to offer the Convertible Debenture Units on the same terms and close one or more subsequent tranches during the month of April 2024.
Pursuant to the closing of Tranche 2, the Company issued 1,480 Convertible Debenture Units for gross proceeds of C $1,480,000, consisting of 1,480 Convertible Debentures and 3,700,000 Warrants.
As the Convertible Debentures will be unsecured debt obligations of the Company, each Convertible Debenture will rank subordinate to all secured debt obligations of the Company.

Cellectar Biosciences Reports Financial Results for Year Ended 2023 and Provides a Corporate Update

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星期三, 三月 27, 2024

FLORHAM PARK, N.J., March 27, 2024 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced financial results for the year ended December 31, 2023, and provided a corporate update.

Key Points:

FLORHAM PARK, N.J., March 27, 2024 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced financial results for the year ended December 31, 2023, and provided a corporate update.
Net cash used in operating activities during the twelve months ended December 31, 2023, was approximately $32.4 million.
General and Administrative Expense: G&A expense for the year ended December 31, 2023, was $10.7 million, compared to $9.6 million for the year ended December 31, 2022.
Cellectar management will host a conference call for investors today, March 14, 2024, beginning at 8:30 am Eastern Time to discuss these results and answer questions.

Lithium Americas Provides a Thacker Pass Construction Plan Update

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星期四, 三月 14, 2024

VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) provides a construction plan update for its Thacker Pass lithium project located in Humboldt County, Nevada (“Thacker Pass” or the “Project”).

Key Points:

VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) provides a construction plan update for its Thacker Pass lithium project located in Humboldt County, Nevada (“Thacker Pass” or the “Project”).
The Company and its engineering, procurement and construction management (“EPCM”) contractor, Bechtel, entered into a National Construction Agreement (Project Labor Agreement) (“PLA”) with North America’s Building Trades Unions (“NABTU”) for construction of Thacker Pass.
“Our team has been focused on refining the development plan and de-risking construction execution of Phase 1 for Thacker Pass,” said Jonathan Evans, President and Chief Executive Officer of Lithium Americas.
Lithium Americas and Bechtel entered into a PLA with NABTU for construction of Thacker Pass.

The GEO Group Prices Senior Notes Offering and New Term Loan

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星期四, 四月 4, 2024

The GEO Group (NYSE: GEO) ("GEO" or the "Company") announced today that it has priced a private offering of $1.275 billion aggregate principal amount of senior notes, comprised of $650.0 million aggregate principal amount of 8.625% senior secured notes due 2029 (the "Secured Notes") and $625.0 million aggregate principal amount of 10.25% senior unsecured notes due 2031 (the "Unsecured Notes" and together with the Secured Notes, the "Notes"), exempt from registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

Key Points:

The GEO Group (NYSE: GEO) ("GEO" or the "Company") announced today that it has priced a private offering of $1.275 billion aggregate principal amount of senior notes, comprised of $650.0 million aggregate principal amount of 8.625% senior secured notes due 2029 (the "Secured Notes") and $625.0 million aggregate principal amount of 10.25% senior unsecured notes due 2031 (the "Unsecured Notes" and together with the Secured Notes, the "Notes"), exempt from registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
The Notes will be guaranteed by GEO's domestic subsidiaries that are guarantors under a new senior secured credit facility and outstanding senior notes.
The net proceeds of the offering of the Notes, borrowings under the new Term Loan, and cash on hand will be used to refinance approximately $1.5 billion of existing indebtedness, including to fund the refinance, repurchase, redemption or other discharge of the Company’s existing Tranche 1 Term Loan and Tranche 2 Term Loan under its existing senior credit facility, the 9.50% senior second lien secured notes, the 10.50% senior second lien secured notes, and the 6.00% senior notes due 2026, to pay related premiums, transaction fees and expenses.
GEO also intends to retire or settle a portion of the 6.50% exchangeable senior notes due 2026 issued by GEO Corrections Holdings, Inc., using shares of GEO common stock and cash.

The GEO Group Announces Senior Notes Offering

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星期三, 四月 3, 2024

The GEO Group (NYSE: GEO) ("GEO" or the "Company") announced today that it is proposing, subject to market and other customary conditions, to issue $1.2 billion aggregate principal amount of senior notes, comprised of $700.0 million aggregate principal amount of senior secured notes due 2029 (the "Secured Notes") and $500.0 million aggregate principal amount of senior unsecured notes due 2031 (the "Unsecured Notes" and together with the Secured Notes, the "notes"), in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").

Key Points:

The GEO Group (NYSE: GEO) ("GEO" or the "Company") announced today that it is proposing, subject to market and other customary conditions, to issue $1.2 billion aggregate principal amount of senior notes, comprised of $700.0 million aggregate principal amount of senior secured notes due 2029 (the "Secured Notes") and $500.0 million aggregate principal amount of senior unsecured notes due 2031 (the "Unsecured Notes" and together with the Secured Notes, the "notes"), in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
The notes will be guaranteed by GEO's domestic subsidiaries that are guarantors under a new senior secured credit facility and outstanding senior notes.
The gross proceeds of the offering, borrowings under a contemplated new $400.0 million Term Loan B under a new senior secured credit facility, and cash on hand will be used to refinance approximately $1.5 billion of existing indebtedness, including to fund the repurchase, redemption or other discharge of the Company’s existing Tranche 1 Term Loan and Tranche 2 Term Loan under its existing senior credit facility, the 9.50% senior second lien secured notes, the 10.50% senior second lien secured notes, and the 6.00% senior notes due 2026, to pay related transaction fees and expenses, and for general corporate purposes of the Company.
The notes will be offered in the United States only to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act, and outside the United States only to non-U.S. persons pursuant to Regulation S under the Securities Act.

The GEO Group Announces Commencement of Refinancing Process

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星期一, 四月 1, 2024

Law Enforcement, Emergency Services, Professional Services, Other Professional Services, State, Local, Public Policy, Government, GEO Group, GEO, Tranche

The GEO Group (NYSE: GEO) (“GEO” or the "Company"), announced the commencement of a refinancing process for its Tranche 1 and Tranche 2 term loans (collectively, the "Term Loans").

Key Points:

The GEO Group (NYSE: GEO) (“GEO” or the "Company"), announced the commencement of a refinancing process for its Tranche 1 and Tranche 2 term loans (collectively, the "Term Loans").
As of December 31, 2023, an aggregate amount of $906.7 million of Term Loans was outstanding.
The terms of the proposed refinancing transactions will be disclosed upon completion of the transactions.
The proposed refinancings will be subject to customary closing conditions and there can be no assurance that any of the refinancings will occur successfully, or at all.

Aegros Limited proposes to issue debentures in a series of tranches up to an aggregate face value of AUD25 million for subscription by investors

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星期二, 三月 12, 2024

Facility, Tax, Equipment, Debtor, NSW, Accounting, Plant, GSA, The Borrowers, Valuation, Business, Tranche, Commercial property

The existing Investors will have 4 weeks to provide credit approvals to the Borrower.

Key Points:

The existing Investors will have 4 weeks to provide credit approvals to the Borrower.
If Investors do not provide approvals within this timeframe, the Borrower may approach new Investors to provide the facility
Availability is subject to the Borrowing Base calculated as follows:
A = 85% of the non-equipment R&DTOR which has been accrued but not yet received as detailed in the Review Letter.
C = Any clawback amount advised by the ATO or taxes otherwise due to the ATO.
D = Orderly Liquidation Value of Property, Plant & Equipment per the Valuation Report
The Borrower may repay the Facility upon giving no less than 2 Business Days' notice.

Crossject obtains a financing up to €12 million, in two tranches

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星期二, 二月 27, 2024

Person, FDA, Convertible, Observation, Euronext, AMF, Element, Tranche, Market value, Mass meeting, Market, Prospectus, Security (finance)

Subject to the Company's consent, he also has the right to request the deferral of payment of an early amortization installment.

Key Points:

Subject to the Company's consent, he also has the right to request the deferral of payment of an early amortization installment.
Crossject will publish the number of new stocks issued under the terms of the convertible bonds on its website regularly.
The aim of the proceeds is to enable Crossject to ramp up industrial and commercial development of its ZENEO technology.
The Company is also confident in its ability to find, if needed, the necessary financing to continue its development.

Kinnevik’s Tele2 stake acquired by Freya Investissement

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星期一, 二月 26, 2024

Investment, Growth, Baltic, NJJ, Tranche, Party, Security (finance)

Freya Investissement will become the reference shareholder of Tele2 upon closing of the transaction.

Key Points:

Freya Investissement will become the reference shareholder of Tele2 upon closing of the transaction.
Freya Investissement (“Freya”), a special investment vehicle jointly owned by iliad and NJJ Holding, today announces that it has entered into a binding agreement to acquire approximately 19.8% of the share capital of Tele2 AB (publ) (“Tele2” or the “Company”) from Kinnevik AB (publ) (“Kinnevik”), an investment company focused on digital consumer businesses.
The investment offers Freya an attractive opportunity to become the reference shareholder in Tele2, a company that shares important characteristics with iliad.
Furthermore, the transaction will not entail that Freya will be under any obligation to make a mandatory takeover offer to the shareholders of Tele2.

BioCryst Reports Fourth Quarter and Full Year 2023 Financial Results and Upcoming Key Milestones

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星期一, 二月 26, 2024

Human services, Inflation, AAAAI, Research, Investment, Growth, GAAP, HAE, Tranche, Webcast, Patient, Public expenditure, BioCryst Pharmaceuticals, Net, EPS, Workforce, American Academy, Pharmaceutical industry

RESEARCH TRIANGLE PARK, N.C., Feb. 26, 2024 (GLOBE NEWSWIRE) -- BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) today reported financial results for the fourth quarter and full year ended December 31, 2023, and provided a corporate update.

Key Points:

The number of new ORLADEYO prescribers in the fourth quarter of 2023 (Q4 2023) was the largest number of new prescribers of any quarter in 2023.
The increase was primarily due to $90.9 million in ORLADEYO net revenue in the fourth quarter of 2023, compared to $70.7 million in the fourth quarter of 2022.
Revenue in the fourth quarter of 2023 also included $2.3 million of net revenue from RAPIVAB related sales, compared to $8.7 million in the fourth quarter of 2022.
Interest expense was $24.6 million in the fourth quarter of 2023, compared to $26.5 million in the fourth quarter of 2022.