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Verrica Announces Pricing of Public Offering of Common Stock

Retrieved on: 
Thursday, June 30, 2022 - 2:23am

WEST CHESTER, Pa., June 29, 2022 (GLOBE NEWSWIRE) -- Verrica Pharmaceuticals Inc. (Verrica) (NASDAQ: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced the pricing of its underwritten public offering of 12,000,000 shares of its common stock at a price to the public of $2.10 per share.

Key Points: 
  • WEST CHESTER, Pa., June 29, 2022 (GLOBE NEWSWIRE) -- Verrica Pharmaceuticals Inc. (Verrica) (NASDAQ: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced the pricing of its underwritten public offering of 12,000,000 shares of its common stock at a price to the public of $2.10 per share.
  • In addition, Verrica has granted to the underwriter a 30-day option to purchase up to 1,800,000 additional shares of common stock at the public offering price, less the underwriting discount.
  • The gross proceeds from the offering to Verrica are expected to be approximately $25.2 million, before deducting underwriting discounts and commissions and offering expenses, but excluding any exercise of the underwriters option.
  • However, while Verrica may elect to update these forward-looking statements at some point in the future, Verrica specifically disclaims any obligation to do so.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against CareDx, Spero, LMP, and Dentsply Sirona and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 30, 2022 - 2:00am

Throughout the Class Period, CareDx reported growing revenue and strong demand in the Companys testing services segment.

Key Points: 
  • Throughout the Class Period, CareDx reported growing revenue and strong demand in the Companys testing services segment.
  • In order to facilitate this scheme, Dentsply and its executives made numerous false and misleading statements to investors during the Class Period.
  • For more information on the Dentsply Sirona class action go to: https://bespc.com/cases/XRAY
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Bragar Eagel & Squire, P.C. Is Investigating Agrify, Carvana, Enochian, and Corcept and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 30, 2022 - 2:00am

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • On this news, Agrifys common stock price fell sharply during intraday trading on December 16, 2021.
  • For more information on the Corcept investigation go to: https://bespc.com/cases/CORT
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Aspen Aerogels, Inc. Announces its Decision Not to Proceed with Concurrent Public Offerings of Common Stock and Green Convertible Senior Notes due 2027

Retrieved on: 
Thursday, June 30, 2022 - 12:30am

The decision not to proceed with the concurrent offerings results from an assessment by the Company that current market conditions are not conducive for the offerings on terms that would be in the best interests of Aspen's shareholders.

Key Points: 
  • The decision not to proceed with the concurrent offerings results from an assessment by the Company that current market conditions are not conducive for the offerings on terms that would be in the best interests of Aspen's shareholders.
  • As a result of this decision, no shares of common stock or Notes will be sold pursuant to the concurrent offerings.
  • The company's aerogel technology enables its customers and partners to achieve their own objectives around the global megatrends of resource efficiency, e-mobility and clean energy.
  • Aspen does not intend to update this information unless required by law.

Citizen Energy Continues Mid-Continent Success with Accretive Consolidation

Retrieved on: 
Wednesday, June 29, 2022 - 11:34pm

Tulsa-based Citizen Energy announced it has closed an acquisition of substantially all of the oil and gas properties of Red Bluff Resources and Bricktown Energy with an April 1, 2022 effective date.

Key Points: 
  • Tulsa-based Citizen Energy announced it has closed an acquisition of substantially all of the oil and gas properties of Red Bluff Resources and Bricktown Energy with an April 1, 2022 effective date.
  • Citizens existing ~245,000 net acre position coupled with Sellers ~80,000 net acres will create a dominant Mid-Continent footprint.
  • Citizen expects the acquisition to be highly accretive to shareholder returns and set Citizen on a trajectory to become one of the top private producers in the U.S.
    Baker Botts served as legal counsel for Buyers.
  • The Company secured financing for the transaction from certain private funds managed by EIG, an institutional capital provider throughout the energy value chain.

Spirit Airlines Announces Intention to Adjourn Special Meeting of Stockholders

Retrieved on: 
Wednesday, June 29, 2022 - 11:26pm

Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it intends to open and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., to allow the Spirit Board of Directors to continue discussions with Frontier and JetBlue Airways Corporation (JetBlue) (NASDAQ: JBLU) and to continue to solicit proxies from its stockholders with respect to the Special Meeting.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it intends to open and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., to allow the Spirit Board of Directors to continue discussions with Frontier and JetBlue Airways Corporation (JetBlue) (NASDAQ: JBLU) and to continue to solicit proxies from its stockholders with respect to the Special Meeting.
  • All stockholders of record as of the close of business on May 6, 2022 are entitled to vote at the Special Meeting.
  • Valid proxies submitted by stockholders prior to the adjourned Special Meeting will continue to be valid for purposes of the reconvened Special Meeting.
  • Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky.

Long-Beleaguered Hotel Property in Paradise Valley, Arizona Gains New Owner

Retrieved on: 
Wednesday, June 29, 2022 - 11:10pm

Walton acquired the 5-acre property for $14 million with plans to build a new boutique hotel that will serve locals and support Arizona tourism.

Key Points: 
  • Walton acquired the 5-acre property for $14 million with plans to build a new boutique hotel that will serve locals and support Arizona tourism.
  • The distinctive and strategically positioned property was subject to bankruptcy and now has fresh opportunities and a renewed sense of optimism.
  • As a Paradise Valley resident for 15 years, I have driven past the Smoke Tree Resort often wondering why it sat dormant for so many years.
  • Walton intends to reach out to Paradise Valley residents to solicit input before hotel design plans are finalized.

Great Panther Announces Agreement to Sell the Guanajuato Mine Complex and Topia Mine in Mexico

Retrieved on: 
Wednesday, June 29, 2022 - 11:38pm

"Furthermore, GSilver's processing and tailings facilities in the district provide the platform for a near-term re-start of operations at the GMC.

Key Points: 
  • "Furthermore, GSilver's processing and tailings facilities in the district provide the platform for a near-term re-start of operations at the GMC.
  • Our capital allocation priorities are focused on Tucano as this is where we see the greatest value creation potential for our stakeholders.
  • Great Panther has engaged GenCap Mining Advisory Ltd. as its sole financial advisor and McCarthy Ttrault LLP and RB Mexico Law-Abogados as its legal advisors in connection with the Agreement.
  • Great Panther trades on the Toronto Stock Exchange trading under the symbol GPR and on the NYSE American under the symbol GPL.

Univest Securities, LLC Announces Full Exercise of $0.75 Million Underwriter’s Over-Allotment Option in Underwritten Public Offering for its Client Bit Origin Ltd (NASDAQ: BTOG)

Retrieved on: 
Wednesday, June 29, 2022 - 11:00pm

The Company intends to use the net proceeds from the offering for working capital and general business purposes.

Key Points: 
  • The Company intends to use the net proceeds from the offering for working capital and general business purposes.
  • Univest Securities, LLC acted as the sole book runner for this offering.
  • Ortoli Rosenstadt LLP served as counsel to the Company, and Hunter Taubman Fischer & Li LLC served as counsel to Univest Securities, LLC in connection with the offering.
  • The sale of the ordinary shares in the offering was made pursuant to a shelf registration statement on Form F-3 (File No.

BioSig Announces Closing of Public Offering of Common Stock

Retrieved on: 
Wednesday, June 29, 2022 - 10:45pm

The Company has closed the offering with the sale of 4,341,667 shares of its common stock at a price to the public of $0.75 per share, for total gross proceeds to BioSig from this offering of $3,256,250.25 before deducting the underwriting discounts and other estimated offering expenses payable by BioSig.

Key Points: 
  • The Company has closed the offering with the sale of 4,341,667 shares of its common stock at a price to the public of $0.75 per share, for total gross proceeds to BioSig from this offering of $3,256,250.25 before deducting the underwriting discounts and other estimated offering expenses payable by BioSig.
  • Laidlaw & Company (UK) Ltd. acted as sole book-running manager for the offering.
  • 333-251859) relating to the public offering of the shares of common stock described above was previously filed with the Securities and Exchange Commission (SEC) and declared effective on January 12, 2021.
  • A final prospectus supplement and accompanying prospectus relating to the underwritten public offering have been filed with the SEC on June 28, 2022 and are available on the SECs website at www.sec.gov.