aTyr Pharma(LIFE)
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Sequoia, Accel-backed Ethos Technologies seeks $1.3 billion valuation in US IPO
Yahoo Finance· 2026-01-20 12:13
Company Overview - Ethos Technologies is a life insurance technology company founded in 2016 by Peter Colis and Lingke Wang, aiming to provide life insurance to families across the U.S. through its platform [3] - The company is backed by venture capital firms Accel and Sequoia, and it previously raised $100 million in a funding round from SoftBank at a valuation of $2.7 billion [4] IPO Details - Ethos is targeting a valuation of up to $1.26 billion in its upcoming U.S. initial public offering (IPO) [1] - The company plans to sell 10.5 million shares priced between $18 and $20 each, aiming to raise up to $210.5 million [1] - Ethos will list on the Nasdaq under the symbol "LIFE" [4] Financial Performance - For the nine months ended September 30, Ethos reported a net income of $46.6 million on revenue of $277.5 million, compared to a net income of $39.3 million on revenue of $188.4 million in the same period the previous year, indicating significant growth [4] Market Context - The insurance IPO market reached a 20-year high in 2025, driven by investor interest in companies insulated from economic uncertainties, such as trade wars [2] - Ethos is part of this trend, with its offering including 5.1 million shares from the company and 5.4 million shares from existing shareholders, including Alphabet's venture capital arm GV and General Catalyst [2]
LibertyStream Announces Upsize of Non-Brokered LIFE Offering to up to $12,500,000
Businesswire· 2026-01-19 10:55
Core Viewpoint - LibertyStream Infrastructure Partners Inc. has increased its non-brokered private placement offering due to strong investor demand, raising the maximum aggregate proceeds from $10,000,000 to $12,500,000 [1] Group 1 - The offering price for the units has been set at $1.10 per unit [1] - The initial announcement of the offering was made on January 16, 2026 [1]
LibertyStream Announces Non-Brokered LIFE Offering of up to $10,000,000
Businesswire· 2026-01-16 22:29
Core Viewpoint - LibertyStream Infrastructure Partners Inc. has announced a non-brokered private placement offering of units at a price of $1.10 per unit, aiming to raise up to $10,000,000 in total proceeds [1]. Group 1 - The offering consists of units that include one common share and one whole common share purchase warrant [1].
Silver North Announces Further Upsize of Brokered LIFE Private Placement for Gross Proceeds of up to C$10.6 Million
Accessnewswire· 2026-01-16 22:19
Core Viewpoint - Silver North Resources Ltd. has increased the maximum gross proceeds of its private placement from C$7,000,000 to C$10,584,000 due to strong investor demand [1] Group 1 - The private placement is categorized as a "best efforts" offering [1] - The agreement for the increase in proceeds was made with Red Cloud Securities Inc. [1]
Silver North Announces Upsize of Brokered LIFE Private Placement for Gross Proceeds of up to C$7.0 Million
Accessnewswire· 2026-01-16 14:25
Core Viewpoint - Silver North Resources Ltd. has increased the maximum gross proceeds of its private placement from C$5,000,000 to C$7,000,000 due to strong investor demand [1] Group 1: Offering Details - The Company will sell up to 5,000,000 units at C$0.40 per unit and up to 8,928,572 flow-through units at C$0.56 per unit [1] - Each unit consists of one common share and one-half of a common share purchase warrant, while each flow-through unit consists of one common share issued as a flow-through share and one-half of a warrant [2] - An option has been granted to Red Cloud to sell up to an additional C$1,000,000 in any combination of units and flow-through units prior to the closing of the offering [3] Group 2: Use of Proceeds - Gross proceeds from the offering will be used for exploration and related programs on the Company's Haldane and Veronica properties, as well as for working capital and general corporate purposes [4] - Proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses related to the Company's Haldane and GDR projects before December 31, 2027 [5] Group 3: Regulatory and Closing Information - The offering will be conducted in compliance with applicable regulatory requirements and is expected to close on or about February 5, 2026, subject to necessary approvals [6][8] - The offered securities will be available for sale to purchasers in specific Canadian provinces and will also be offered in the United States under private placement exemptions [6]
Nations Royalty Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$13 Million
TMX Newsfile· 2026-01-15 23:58
Core Viewpoint - Nations Royalty Corp. has increased the size of its private placement offering from C$10 million to C$13 million due to strong investor demand [1] Offering Details - The offering will consist of 8,125,000 units priced at C$1.60 per unit, each unit comprising one common share and one-half of a common share purchase warrant [1][2] - Each whole warrant allows the holder to purchase one common share at a price of C$2.25 within 36 months after the closing date [2] - An over-allotment option allows underwriters to purchase an additional 1,250,000 units for up to C$2 million [3] Use of Proceeds - The net proceeds from the offering will be used for acquisitions of royalties, income and commodity streams, annual benefit payments, and working capital [4] Regulatory Compliance - The offering will comply with National Instrument 45-106 and will be available to purchasers in all Canadian provinces except Québec [5] - The units will also be offered in the U.S. and other jurisdictions under applicable laws [5] Closing and Underwriter Compensation - The offering is scheduled to close on January 30, 2026, subject to necessary approvals [7] - The company will pay underwriters a cash commission of 6.0% of the gross proceeds and issue warrants equal to 6.0% of the units sold [7] Company Vision and Mission - Nations Royalty aims to unite First Nations and Indigenous groups in Canada, inviting external investors to participate as shareholders [10] - The company focuses on combining royalties and income streams from resource projects to enhance growth and value [10]
Surge Battery Metals Announces $25M Non-Brokered Financing, Composed of Increased Fully-Subscribed Non-Brokered LIFE Offering of Units to $20M and Concurrent Non-Brokered Private Placement of up to $5M
TMX Newsfile· 2026-01-15 12:30
Core Viewpoint - Surge Battery Metals Inc. is increasing its non-brokered private placement due to strong investor demand, raising the total expected proceeds to $25 million for its Nevada North Lithium Project [1][4]. Group 1: Offering Details - The LIFE Offering will now consist of 22,222,000 Offered Units at a price of $0.90 per unit, generating gross proceeds of $19,999,800, up from the initial $15,000,000 [1]. - A Concurrent Offering will issue up to 5,555,780 Offered Units at the same price, aiming for gross proceeds of up to $5,000,202 [1][2]. - In total, the Company aims to raise up to $25,000,002 through the issuance of up to 27,777,780 Offered Units [1]. Group 2: Use of Proceeds - Proceeds from the Offerings will be allocated to costs related to the preliminary feasibility study and definitive feasibility study for the Nevada North Lithium Project, as well as general working capital [2]. Group 3: Regulatory and Compliance - The LIFE Offering is made under the listed issuer financing exemption and will not be subject to a statutory hold period, while the Concurrent Offering will have a four-month hold period [3]. - The Offerings are subject to approval from the TSX Venture Exchange [5]. Group 4: Company Positioning - Surge Battery Metals is focused on securing domestic lithium supply through its Nevada North Lithium Project, which is crucial for electric vehicle production [8]. - The increase in financing reflects strong investor confidence in the project and aims to strengthen the Company's balance sheet for future development [4].
Nations Royalty Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$10 Million
Accessnewswire· 2026-01-15 12:15
Core Viewpoint - Nations Royalty Corp. has announced a private placement offering to raise gross proceeds of C$10,000,000 by selling 6,250,000 units at C$1.60 per unit, with an option for underwriters to purchase an additional 1,250,000 units [1][3]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of one common share at C$2.25 within 36 months after the closing date [2]. - The offering is scheduled to close on January 30, 2026, subject to regulatory approvals, and the company will pay a 6.0% cash commission on the gross proceeds to the underwriters [7]. - The underwriters have the option to purchase up to an additional 1,250,000 units for gross proceeds of up to C$2,000,000 [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for acquisitions of royalties, income and commodity streams, annual benefit payments, and working capital purposes [4]. Group 3: Regulatory Compliance - The units will be offered to purchasers in all provinces of Canada except Québec, and will also be available in the United States and other jurisdictions under applicable laws [5][8]. Group 4: Company Vision and Mission - Nations Royalty aims to unite First Nations and Indigenous groups across Canada, inviting external investors to participate as shareholders, focusing on economic reconciliation and capacity building for Indigenous Peoples in public companies and capital markets [9]. - The company has established five annual benefit payment entitlements related to various properties in Canada [10][12].
Surge Battery Metals Announces $15M Non-Brokered LIFE Offering of Units
TMX Newsfile· 2026-01-14 12:30
Core Viewpoint - Surge Battery Metals Inc. is initiating a non-brokered private placement called the LIFE Offering, aiming to raise $15,000,030 through the sale of 16,666,700 Offered Units, which will support the Nevada North Lithium Project and general working capital [1][3]. Group 1: Offering Details - The Offered Units are priced at $0.90 each and consist of one common share and one-half of a common share purchase warrant, with each full warrant allowing the purchase of one common share at $1.35 for three years post-issuance [1]. - The LIFE Offering is expected to close around February 3, 2026, and is subject to TSX Venture Exchange approval [1][4]. - The offering is made under the National Instrument 45-106, allowing participation from Canadian investors outside Quebec, and the securities will not be subject to a statutory hold period [2]. Group 2: Use of Proceeds - Proceeds from the LIFE Offering will be allocated to costs related to the preliminary feasibility study for the Nevada North Lithium Project, a definitive feasibility study, and general working capital [1][3]. Group 3: Company Positioning - Surge Battery Metals is focused on securing domestic lithium supply through its Nevada North Lithium Project, which is essential for electric vehicle production [6]. - The financing is viewed as a strong endorsement of the company's strategy and its project development efforts [3].
Nine Mile Metals Announces Upsizing of LIFE Offering
TMX Newsfile· 2026-01-13 22:00
Core Viewpoint - Nine Mile Metals Ltd. has increased its financing offering from gross proceeds of up to $4 million to $6.2 million due to strong investor demand [1] Financing Details - Each Unit in the offering consists of one common share and one common share purchase warrant, with the warrant exercisable at a price of $0.30 for two years [1] - The offering will be available to purchasers in all Canadian provinces except Quebec, under the listed issuer financing exemption [2] - The expected closing date for the offering is around January 19, 2026, subject to regulatory approvals [3] Finder's Fees - The company may pay finder's fees of 8% of the gross proceeds in cash and issue finder warrants equal to 8% of the number of Units sold [4] - Each Finders Warrant will allow the purchase of one additional Unit at a price of $0.19 for two years, subject to a four-month hold period [4] Warrant Expiry Acceleration - If the daily volume-weighted average trading price of the common shares reaches or exceeds $0.50 for ten consecutive trading days, the company may accelerate the expiry date of the warrants with a 30-day notice [5] Use of Proceeds - Proceeds from the offering will be allocated for exploration activities and related expenses on critical minerals projects in the Bathurst Mining Camp, as well as general administrative obligations [6] Company Overview - Nine Mile Metals Ltd. is focused on VMS (Cu, Pb, Zn, Ag, and Au) exploration in the Bathurst Mining Camp, New Brunswick, Canada, with a primary objective to explore four VMS projects [9]