Tag

Public Offerings

All articles tagged with #public offerings

finance2 years ago

CG Oncology's Successful IPO Sets Positive Tone for Biotech Public Offerings

CG Oncology's $380 million IPO debut could serve as a barometer for the future of public offerings in 2023, as the biotech industry sees a potential increase in IPO activity following a significant decrease in the past two years. Industry insiders caution against drawing conclusions based on one company, but with at least five other biotechs poised to follow suit, more data points will soon be available.

business2 years ago

"Nikola's Stock Plummets as Company Announces Common Stock and Convertible Senior Notes Offerings"

Nikola Corporation plans to offer $100 million of common stock and $200 million of Green Convertible Senior Notes due 2026 in separate public offerings. The underwriters may have the option to purchase additional shares or notes. The proceeds from the offerings will be used for working capital, general corporate purposes, and financing eligible green projects. The offerings are subject to market conditions and will be made in accordance with the guidelines of the Green Bond Principles.