Tag

Private Placement

All articles tagged with #private placement

business10 days ago•7 min saved

WLFI to tokenise loan revenue from Trump Maldives hotel with Securitize and DarGlobal

World Liberty Financial plans a private, on-chain offering to tokenize loan revenue interests in the Trump International Hotel & Resort, Maldives, in partnership with Securitize and DarGlobal. The tokens are targeted to accredited investors (Reg D 506(c) and Reg S) and will be issued on supported blockchains, with transfers restricted. The arrangement aims to provide fixed yield and loan revenue exposure to the luxury asset being developed (100 villas, completion targeted for 2030), with potential use of tokens as collateral through WLFI Markets. The Trump Organization is not the issuer; participation is via a private placement to eligible investors, with offshore or non-US involvement as described.

via Business Wire|

#accredited-investors #business #defi

business10 days ago•8 min saved

Sensei Biotherapeutics completes Faeth acquisition and launches $200M financing to push PIKTOR

Sensei Biotherapeutics announced it has acquired Faeth Therapeutics, gaining Faeth’s lead asset PIKTOR (an oral, multi-node PI3K/AKT/mTOR inhibitor), and concurrently entered into a private placement that is expected to raise about $200 million in Series B non-voting convertible preferred stock. The proceeds are slated to advance PIKTOR through key milestones, including topline data from a Phase 2 trial in second-line advanced endometrial cancer and the initiation of a Phase 1b trial in HR+/HER2- advanced breast cancer, with the remainder supporting other corporate goals and Sensei’s ongoing solnerstotug trial. Post-transaction ownership is projected to be ~4.9% for existing Sensei holders, ~40.8% for Faeth holders, and ~54.3% for new investors on a fully diluted basis. The deal was approved by the boards and is subject to Sensei stockholder approval for conversion of the Series B shares. Advisors and channels for the financing and a February 18, 2026 conference call are noted in the release.

via Business Wire|

#business #faeth-therapeutics #pi3kaktmtor-pathway

market-news26 days ago•15 min saved

D-Wave QBTS Stock Dips on Merger-Related $275M Stock Issuance Disclosure

D-Wave Quantum Inc. disclosed a Form D showing nearly $275 million in common stock issued as merger consideration to former Quantum Circuits equityholders, not a cash raise, with no money raised and no ongoing offering; the share issuance effectively diluted shares at merger close, and QBTS fell about 8.6% to $21.22 as other quantum stocks dropped, while the Street’s consensus remains bullish on QBTS with a Strong Buy and an average target around $40.38, implying roughly 90% upside.

via TipRanks|

#d-wave-quantum #form-d #market-news

business5 months ago•11 min saved

Quantum Computing Inc. Secures $500M Private Placement Amid Stock Decline

Quantum Computing Inc. has successfully raised $500 million through an oversubscribed private placement of common stock, increasing its total cash to approximately $850 million to fund commercialization, acquisitions, and expansion efforts, with participation from existing shareholders and a new global asset manager.

via Stock Titan|

#business #capital-raise #nasdaq

business5 months ago•8 min saved

Eightco's $8B Crypto Rise and Strategic Investment in Worldcoin

Eightco Holdings Inc. announced a $250 million private placement and a $20 million strategic investment from BitMine to fund the adoption of Worldcoin (WLD) as its primary treasury reserve asset, aiming to create a universal digital identity platform using zero-knowledge proof technology, with notable support from institutional investors and strategic partners like BitMine and MOZAYYX.

via PR Newswire|

#ai-revolution #business #digital-identity

business2 years ago•6 min saved

Canopy Growth's $30 Million Private Placement Sparks Stock Slide

Canopy Growth Corporation has announced a private placement offering of 6,993,007 units at a price per unit of US$4.29, resulting in aggregate gross proceeds of approximately US$30,000,000. The purpose of the offering is to provide the company with additional liquidity to strengthen its financial position, pay down debt, and support working capital and general corporate purposes. Each unit consists of a common share and a series A or B common share purchase warrant. The closing of the private placement is expected to occur on or about January 10, 2024, subject to customary closing conditions. Canopy Growth is a leading North American cannabis and consumer packaged goods company with a commitment to social equity and responsible use.

via PR Newswire|

#business #cannabis-industry #canopy-growth

business2 years ago•0 min saved

Lucid Group's Stock Drops 10% After Announcing $3 Billion Stock Offering and Private Placement.

Lucid Group's stock fell 10% in premarket trading after the company announced plans for an underwritten public offering of stock and a separate private placement to raise about $3.0 billion in gross proceeds. The company plans to issue 173.5 million shares with BofA Securities acting as sole underwriter, while its majority shareholder, Ayar Third Investment Company, is planning to purchase 265.7 million shares in a private placement.

via MarketWatch|

#business #electric-vehicles #lcid