GlobeNewswire - Financing Agreements

ION announces Rights Offering for new convertible Second Lien Notes or common stock

Fri, 05 Mar 2021 23:34 GMT

HOUSTON, March 05, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) announced today that it is proceeding with steps to launch its previously announced rights offering (“Rights Offering”) for its New Second Lien Convertible Notes (“New Notes”) or its Common Stock, as part of its restructuring transactions (the “Restructuring Transactions”) approved by shareholders on February 23, 2021. The Company has filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”). The Company expects to launch the rights offering after the Registration Statement is declared effective by the SEC.

Rockridge Resources Completes Oversubscribed Non-Brokered Financing

Fri, 05 Mar 2021 22:19 GMT

VANCOUVER, British Columbia, March 05, 2021 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (“Rockridge” or the “Company”) is pleased to announce that it has completed a non-brokered private placement financing for total gross proceeds of $2,511,300 (the “Private Placement”). The Company has issued 15,620,000 non flow-through units (the "Units") at a price of CAD $0.125 per Unit and 3,991,429 flow-through units (the “FT Units”) at a price of CAD $0.14 per FT Unit.

Playtika Announces Pricing of $600 Million of Senior Notes Due 2029

Fri, 05 Mar 2021 20:49 GMT

HERZLIYA, Israel, March 05, 2021 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (NASDAQ:PLTK) (“Playtika”) today announced that it successfully priced its previously announced offering of $600 million aggregate principal amount of its senior notes due 2029 at par. The notes will bear interest at a fixed rate of 4.250% per year and will mature on March 15, 2029. The offering is expected to close March 11, 2021, subject to customary closing conditions.

CWTI Completes First Tranche - $1,241,000

Fri, 05 Mar 2021 18:25 GMT

GUELPH, Ontario, March 05, 2021 (GLOBE NEWSWIRE) -- Current Water Technologies Inc. (TSX-V: WATR) (“CWTI” or “the Company”) is pleased to announce that it has completed the first tranche of the Private Placement announced February 16, 24 & 26, 2021. The Company has raised a total of $1,241,000 of the proposed $1,600,000.

Tamarack Valley Energy Upsizes Previously Announced Financing

Fri, 05 Mar 2021 15:16 GMT

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Lendistry to Administer Additional $2 Billion in California COVID-19 Relief Grants to Small Businesses, Nonprofits, and Cultural Institutions

Fri, 05 Mar 2021 14:00 GMT

Lendistry selected as intermediary to administer new state funding for grants up to $25,000 for small businesses and nonprofits and $50 million in funding for cultural institutions impacted by the pandemic

Lendistry selected as intermediary to administer new state funding for grants up to $25,000 for small businesses and nonprofits and $50 million in funding for cultural institutions impacted by the pandemic

Assure Holdings Secures U.S. Small Business Administration Loan Under CARES Act

Fri, 05 Mar 2021 13:30 GMT

DENVER, March 05, 2021 (GLOBE NEWSWIRE) -- Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), is pleased to announce that it has received a loan (“Loan”) under the United States Small Business Administration's (“SBA”) Paycheck Protection Program Second Draw Loans under the Small Business Act, Paycheck Protection Program (“PPP”), implemented pursuant to the Coronavirus Aid, Relief, and Economic Security Act.

Tamarack Valley Energy Announces Strategic Clearwater and Waterflood Asset Acquisitions, $55.0 Million Equity Financing, Appointment of New Board Member and Pro Forma 2021 Guidance

Fri, 05 Mar 2021 12:30 GMT

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

FedNat Holding Company Launches Proposed Public Offering of Common Stock

Fri, 05 Mar 2021 12:00 GMT

SUNRISE, Fla., March 05, 2021 (GLOBE NEWSWIRE) -- FedNat Holding Company (Nasdaq: FNHC), a regional insurance holding company, announced today that it is commencing a proposed underwritten public offering of its shares of common stock. All of the shares will be offered by the Company. The Company also expects to grant the underwriter a 30-day option to purchase additional shares of common stock in an amount of up to 15% of the number of shares sold in the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Points International announces upsizing of previously announced bought deal financing to C$27.5 million

Fri, 05 Mar 2021 01:21 GMT

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Nurix Therapeutics Announces Pricing of Upsized Public Offering of Common Stock

Fri, 05 Mar 2021 01:01 GMT

SAN FRANCISCO, March 04, 2021 (GLOBE NEWSWIRE) -- Nurix Therapeutics, Inc. (Nasdaq: NRIX), a biopharmaceutical company developing targeted protein modulation drugs, today?announced the pricing of its underwritten public offering of 4,500,000 shares of its common stock at a public offering price of $31.00 per share. The public offering was upsized from the previously announced size of 4,000,000 shares of its common stock. All shares of common stock are being offered by Nurix. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $139.5 million. In addition, Nurix has granted the underwriters a 30-day option to purchase up to an additional 675,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on March 9, 2021, subject to the satisfaction of customary closing conditions.

LPL Financial Announces Pricing of Senior Unsecured Notes Offering

Thu, 04 Mar 2021 22:00 GMT

SAN DIEGO, March 04, 2021 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) today announced that its wholly owned subsidiary, LPL Holdings, Inc. (“LPL Holdings”), has priced its offering of $900 million in aggregate principal amount of senior unsecured notes (the “senior notes”). In addition, LPL Holdings secured commitments to increase the size of its revolving credit facility from $750?million to $1,000?million and extend the maturity date of the revolving credit facility from 2024 to 2026 (the “credit agreement amendment”). As previously announced, LPL Holdings intends to use the net proceeds from the senior notes offering, together with cash available for corporate use, to redeem its existing $900 million of senior unsecured notes due 2025 (the “2025 Notes”) and to pay fees and expenses related to the senior notes offering and the credit agreement amendment.

Points International announces C$25 million bought deal financing

Thu, 04 Mar 2021 21:19 GMT

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Stobox allows common investors to participate in a lucrative private round with its $1 million Security Token Offering

Thu, 04 Mar 2021 19:59 GMT

NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) -- An award-winning technology company Stobox in the booming industry of securities tokenization is raising $1 million at a valuation of $10 million in a round focused on financing the growth of sales and revenue. The round will be conducted in the form of a Security Token Offering (STO), i.e. the shares are stored and sold in the form of blockchain tokens.

Stobox allows common investors to participate in a lucrative private round with its $1 million Security Token Offering

Thu, 04 Mar 2021 16:22 GMT

Green Brick Partners Closes 3.25% $125 Million Senior Unsecured Notes Offering

Thu, 04 Mar 2021 15:16 GMT

Green Brick Partners has issued $125.0 million of senior unsecured notes due in 2028 at 3.25% in a Section 4(a)(2) private placement transaction

Green Brick Partners has issued $125.0 million of senior unsecured notes due in 2028 at 3.25% in a Section 4(a)(2) private placement transaction

UPDATE -- Northeast Bank Announces Sale of Paycheck Protection Program Loans

Thu, 04 Mar 2021 14:45 GMT

PORTLAND, Maine, March 04, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today that it has entered into a Loan Purchase and Sale Agreement (the “Loan Sale Agreement”) with The Loan Source, Inc. (“Loan Source”) to sell to Loan Source all loans originated by the Bank under the current round of the Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”). From January 11, 2021 through February 26, 2021, the Bank had received SBA approval for $1.84 billion of PPP loans, of which $1.65 billion have been funded. After amortizing previously unamortized PPP loan origination fees and other costs, the Bank expects to realize a pre-tax gain of approximately $26.0 million, or an after-tax gain of approximately $18.2 million, in the current fiscal quarter on the sale of the $1.65 billion of funded PPP loans.

Hillpointe, LLC Raises $110 Million for Hillpointe Workforce Housing Partnership II, LP

Thu, 04 Mar 2021 14:45 GMT

WINTER PARK, Fla., March 04, 2021 (GLOBE NEWSWIRE) -- Hillpointe, LLC, a fully integrated real estate development and investment firm focused on workforce housing in the southeastern United States, today announced the closing of Hillpointe Workforce Housing Partnership II, LP (the “Fund”) at $110 million. The oversubscribed Fund is focused on the development of Class A quality apartments competitively priced for workforce tenants.

International Consolidated Uranium Closes C$6 Million “Bought Deal” Private Placement of Units

Thu, 04 Mar 2021 14:26 GMT

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Seanergy Maritime Holdings Corp. Announces Full Prepayment of a Senior Credit Facility and Reduction of Junior Facilities Resulting in Significant Cashflow Benefit

Thu, 04 Mar 2021 14:10 GMT

GLYFADA, Greece, March 04, 2021 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today that it has come to an agreement with one of its lenders, Entrust Global, for the early prepayment of a credit facility secured by a first priority mortgage on one of its Capesize vessels, the M/V Lordship (the “Facility”).