NuGen Medical Devices (TSXV:NGMD:CA) announced intention to complete a non-brokered private placement of up to $10,000,000 principal amount secured convertible debentures. The Company intends to use the proceeds from the offering for working capital purposes, expansion of production and fulfillment of increasing sale purchase orders globally. Source: Press Release MoreContinue Reading
sezer66/iStock via Getty Images Silvercorp Metals (NYSE:SVM) -1.4% in early trading Monday after saying its proposed C$200M acquisition of Adventus Mining Corp. (OTCQX:ADVZF) has hit a snag in its expected closing last Friday. Adventus’ (OTCQX:ADVZF) El Domo project in Ecuador is central to the acquisition, but litigation challenging the environmentalContinue Reading
Billionaire investor Mario Gabelli may not sell his stock in Paramount (NASDAQ:PARA) even if it merges with popular Hollywood movie studio Skydance, the New York Post reported in an interview with him on Friday. “I may not sell stock if there is a deal with Skydance. I need to seeContinue Reading
flowersandclassicalmusic/iStock via Getty Images Major U.S. streaming players are pressing a Canadian court to intervene in Canada’s plans to compel them to turn over 5% of their in-country sales to fund local broadcast news. The Motion Picture Association-Canada — the trade group representing streamers including Disney (NYSE:DIS), Netflix (NASDAQ:NFLX), Paramount+Continue Reading
grandriver/E+ via Getty Images SLB (NYSE:SLB) said late Tuesday it received a second request for additional information from the U.S. Department of Justice related to its $7.75B all-stock deal for oilfield services company ChampionX (CHX). SLB (SLB) said ChampionX (CHX) also received a second request from DoJ, adding that itContinue Reading
Semnur Pharmaceuticals, a wholly owned subsidiary of Scilex Holding Company (NASDAQ:SCLX) and Denali Capital Acquisition (NASDAQ:DECA), a special purpose acquisition company, on Tuesday entered into a letter of intent for a proposed business combination, which provides for a pre-transaction equity value of Semnur up to $2B, with expected gross proceedsContinue Reading
LD Tempur Sealy International (NYSE:TPX) provided a statement to Seeking Alpha regarding the Federal Trade Commission challenging the proposed merger of the company with Mattress Firm Group Inc. “Tempur Sealy has been working constructively with the FTC to secure regulatory approval for this transaction and is disappointed that the FTCContinue Reading
Jun. 26, 2024 11:33 AM ETBy: Liz Kiesche, SA News Editor kefkenadasi Lineage Inc., a landlord owning temperature-controlled warehouses, filed a registration statement with the U.S. Securities and Exchange Commission to sell shares of its common stock through an initial public offering. The REIT said the timing, number of sharesContinue Reading
Entegris (NASDAQ:ENTG) has signed a non-binding preliminary memorandum of terms with the U.S. Department of Commerce to receive up to $75M in direct funding under the CHIPS and Science Act. This proposed CHIPS funding would support the development of Entegris (ENTG) state-of-the-art facility in Colorado Springs designed to create productsContinue Reading
Oragenics (NYSE:OGEN) said on Monday it was proposing to offer and sell shares of its common stock (or pre-funded warrants) in a public offering. Shares of OGEN fell 6.02% in extended trading. The company said that all the securities to be sold in the offering are to be offered by Oragenics. OGEN plans to use the offering to fund theContinue Reading
