ThreeD Capital (OTCQX:IDKFF) has announced a proposed private placement of up to 5.57 million units for C$0.27 per unit for gross proceeds of up to C$1.51 million. Each unit will comprise one common share of the company and one common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchaseContinue Reading
mirsad sarajlic/iStock via Getty Images The S&P 500 (SP500)(SPY)(VOO) is not the world’s only equity index that’s top-heavy and soaring to new heights. Apollo Global Management noted Wednesday that Japan’s Topix index, which tracks +2100 corporate issues, is being dominated by the biggest 30 stocks. The biggest stocks – whichContinue Reading
blackred ADRs of Immuron Limited (NASDAQ:IMRN) traded lower in the premarket on Wednesday after the Australian biotech announced plans to raise up to about $2M in funding through an at-the-market (ATM) equity offering. ATM programs allow listed companies to raise capital at existing market prices. Unlike traditional secondary offerings, whereContinue Reading
Foundation (NYSE:FFWM) announced that affiliates of Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, North Reef Capital and other investors have agreed to make individual investments aggregating to $228M in the company. In connection with this equity investment, Fortress affiliates are expected to invest $115M, Canyon Partners is expectedContinue Reading
Eve Air Mobility (NYSE:EVEX) on Monday announced $94M in new equity financing from multiple investors. The funding includes participation from companies that include Embraer, Nidex, and additional financial investors. The company entered into agreements, dated as of June 28, 2024, for the issuance and sale of 23.5M shares of theContinue Reading
Torsten Asmus JPMorgan’s global markets strategy team noted that the short interest on the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) and the Invesco QQQ Trust ETF (NASDAQ:QQQ) has fallen to record lows, but cautioned that a reversal in that decline could impact U.S. stocks. The SPY tracks Wall Street’s benchmarkContinue Reading
