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Helix Acquisition Corp. II and BridgeBio Oncology Therapeutics Announce Effectiveness of Registration Statement for Proposed Business Combination
Globenewswire· 2025-07-11 11:43
Core Viewpoint - Helix Acquisition Corp. II is set to hold an extraordinary general meeting on August 4, 2025, to discuss the business combination with TheRas, Inc. (BridgeBio Oncology Therapeutics), following the SEC's declaration of the registration statement as effective [1][2][3]. Company Overview - Helix Acquisition Corp. II is a special purpose acquisition company (SPAC) that raised $184 million in its initial public offering on February 9, 2024, and is sponsored by Cormorant Asset Management [5]. - TheRas, Inc. (BridgeBio Oncology Therapeutics) is a clinical-stage biopharmaceutical company focused on developing novel small molecule therapeutics targeting RAS and PI3Kα malignancies [4]. Business Combination Details - The business combination agreement was finalized on February 28, 2025, and is subject to various conditions before closing [6]. - Upon completion of the transaction, the company will be renamed "BridgeBio Oncology Therapeutics" [6]. - The proxy statement/prospectus will be mailed to Helix's shareholders of record as of June 30, 2025, for their consideration [2][6].
Signing Day Sports Advances Business Combination with One Blockchain LLC; Confidential Draft Registration Statement on Form S-4 Submitted to the SEC, Including Preliminary Prospectus and Proxy Statement
Globenewswire· 2025-07-11 10:30
SCOTTSDALE, AZ, July 11, 2025 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform dedicated to improving the recruiting process for high school athletes and college coaches, today announced the confidential submission with the U.S. Securities and Exchange Commission (“SEC”) of a draft registration statement on Form S-4 (the “Registration Statement”) by BlockchAIn Digital Infrastructure, Inc., a ne ...
VEON and Cohen Circle Secure Investor Commitments for Kyivstar Listing
Globenewswire· 2025-07-10 20:15
Kyiv, New York, Dubai, and Philadelphia – July 10, 2025 – VEON Ltd. (Nasdaq: VEON) (“VEON”), a global digital operator, and Cohen Circle Acquisition Corp. I (“Cohen Circle”), a special purpose acquisition company (Nasdaq: CCIR), today announce the execution of non-redemption agreements (“NRAs”) totaling approximately USD 52.3 million with accredited institutional investors, including Helikon and Clearline. These commitments cover approximately 5.05 million CCIR Class A shares, securing the minimum USD 50 mi ...
Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to August 9, 2025
Globenewswire· 2025-07-07 20:05
New York, NY, July 07, 2025 (GLOBE NEWSWIRE) -- Globalink Investment Inc. (OTC Pink: GLLI, GLLIW, GLLIR, GLLIU) (“Globalink” or the “Company”), a special purpose acquisition company, announced today that on July 3, 2025, it caused to be deposited $0.15 per public share, totaling $10,890.15 (the “Extension Payment”) into its trust account (the “Trust Account”) with Continental Stock Transfer and Trust Company (“Continental”) to extend the deadline to complete its initial business combination from July 9, 202 ...
Yorkville Acquisition Corp. Announces Closing of $172,500,000 Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option
Globenewswire· 2025-06-30 20:05
Mountainside, NJ, June 30, 2025 (GLOBE NEWSWIRE) -- Yorkville Acquisition Corp. (Nasdaq: YORKU) (the “Company”) today announced that it closed its initial public offering of 17,250,000 units, including the issuance of 2,250,000 units as result of the underwriters’ exercise of their over-allotment option in full, at $10.00 per unit. The gross proceeds from the offering were $172.5 million before deducting underwriting discounts and estimated offering expenses. The units began trading on The Nasdaq Global Mar ...
Aimfinity Investment Corp. I Announces New Monthly Extension for Business Combination
Globenewswire· 2025-06-30 12:00
Wilmington, DE, June 30, 2025 (GLOBE NEWSWIRE) -- Aimfinity Investment Corp. I (the "AIMA") (Nasdaq: AIMTF), a special purpose acquisition company incorporated as a Cayman Islands exempted company, today announced that, in order to extend the date by which the Company mush complete its initial business combination from June 28, 2025 to July 28, 2025, on JUne 28, 2025, I-Fa Chang, manager of the sponsor of the Company, has deposited into its trust account (the "Trust Account") an aggregate of $55,823.8, or f ...
Safety Shot Completes Acquisition of Yerbae Brands Corp.
Globenewswire· 2025-06-27 13:28
Core Insights - Yerbaé Brands Corp. has successfully completed a business combination with Safety Shot, Inc., where Safety Shot acquired all outstanding shares of Yerbaé [1][2] - The transaction was executed through a court-approved plan of arrangement, resulting in Safety Shot shareholders owning approximately 81.64% of the combined company, while former Yerbaé shareholders own about 18.36% [2][3] Transaction Overview - Under the arrangement agreement dated January 7, 2025, Safety Shot acquired all Yerbaé shares, with each Yerbaé shareholder receiving 0.2918 of a Safety Shot share for each Yerbaé share held [3] - The total number of Safety Shot shares issued in the transaction was 19,881,948 [2] - Yerbaé shares will be delisted from the TSX Venture Exchange and OTCQX effective June 30, 2025 [3] Shareholder Information - Yerbaé shareholders with physical share certificates must submit a Letter of Transmittal to receive their Safety Shot shares [4] - For shareholders holding shares in book-entry form or brokerage accounts, the exchange of shares is automatic [5] Company Profiles - Safety Shot, Inc. specializes in wellness and dietary supplements, notably developing Sure Shot, a patented product that lowers blood alcohol content while enhancing clarity and energy [6] - Yerbaé Brands Corp. produces plant-based energy beverages that are zero calorie, zero sugar, and cater to various dietary preferences, aiming to disrupt the energy beverage market [7] Advisory Information - Maxim Group LLC acted as the exclusive financial advisor to Safety Shot during the merger [8] - Legal counsel for Yerbaé was provided by Cozen O'Connor LLP, while Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel for Safety Shot [9]
EQX's Solid Cash Base Fuels Project Progress: Can It Sustain the Pace?
ZACKS· 2025-06-27 12:31
Core Insights - Equinox Gold Corp. (EQX) has a robust financial position with significant cash flows, supporting its development projects and liquidity [1][6] - The Greenstone mine is a key asset, expected to produce approximately 390,000 ounces of gold annually at full capacity [2][6] - The company plans to pursue deleveraging in the second half of 2025, leveraging strong cash flow generation [1][6] Financial Position - EQX ended Q1 with $173 million in unrestricted cash and $65 million in an undrawn credit facility, indicating strong liquidity [1][6] - B2Gold Corp. (BTG) reported cash and cash equivalents of $330 million and $800 million available for future drawdowns under its credit facility [3] - Eldorado Gold Corporation (EGO) had $978 million in cash and $241 million in available credit, totaling around $1.2 billion in liquidity [4] Production and Growth - The ramp-up at the Greenstone mine is currently underway, targeting an annual production of 390,000 ounces of gold [2][6] - The recent business combination with Calibre Mining Corp. is expected to enhance production growth and cash flow for EQX [2] Valuation and Market Performance - EQX is trading at a forward 12-month earnings multiple of 7.83, which is about 40.5% lower than the industry average of 13.17 [8] - The Zacks Consensus Estimate indicates a year-over-year earnings rise of 135% for 2025 and 123.4% for 2026, although EPS estimates have been trending down recently [9]
180 Degree Capital Corp. Amends Election of Director Special Meeting Date Pursuant to Shareholder Demand Under New York Business Law
Globenewswire· 2025-06-27 12:00
MONTCLAIR, N.J., June 27, 2025 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”) today provides notice to its shareholders that the date of the previously announced special meeting of shareholders for the sole purpose of electing directors (“Director Election Special Meeting”) has been moved to September 15, 2025. This change of date resulted from constructive conversations with the shareholders who submitted a demand request on June 17, 2025 (the “Demand Letter”), who acknow ...
DNOW (DNOW) Earnings Call Presentation
2025-06-26 23:09
Creating a Premier Energy and Industrial Solutions Provider June 26th, 2025 Disclaimers Forward-Looking Statements This presentation includes "forward-looking statements" as defined under the federal securities laws. All statements other than statements of historical fact included or incorporated by reference in this presentation, including, among other things, statements regarding the proposed business combination transaction between DNOW Inc. ("DNOW") and MRC Global Inc. ("MRC"), future events, plans and ...