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Immuneering Announces Proposed Underwritten Public Offering of Class A Common Stock and Pre-Funded Warrants and Proposed Concurrent Private Placement of Class A Common Stock and Class B Common Stock to Sanofi
Globenewswire· 2025-09-24 20:05
Core Viewpoint - Immuneering Corporation has announced a proposed underwritten public offering of its Class A common stock and a concurrent private placement with Sanofi for $25 million, aimed at advancing its oncology product candidates and general corporate purposes [1][2]. Group 1: Offering Details - The public offering includes shares of Class A common stock and pre-funded warrants, with underwriters granted a 30-day option to purchase an additional 15% of the offered shares [1]. - Sanofi will purchase $25 million worth of Immuneering's Class A common stock or non-voting Class B common stock at the public offering price, in a private placement expected to close concurrently with the public offering [1][2]. - The offering is subject to market conditions and the private placement is contingent upon the closing of the public offering [1]. Group 2: Use of Proceeds - The net proceeds from both the public offering and private placement will be utilized to advance preclinical and clinical development of product candidates, as well as for working capital and other general corporate purposes [2]. Group 3: Regulatory Information - The offering is being conducted under a shelf registration statement filed with the SEC, which was declared effective on August 20, 2025 [3]. - A preliminary prospectus supplement will be filed with the SEC, and copies will be available through the underwriters [3][7]. Group 4: Securities Registration - The shares sold in the private placement will not be registered under the Securities Act of 1933 and cannot be offered or sold in the U.S. without registration or an applicable exemption [4].
Trinity One Metals Announces Upsized Private Placement
Newsfile· 2025-09-23 09:30
Core Viewpoint - Trinity One Metals Ltd. has increased the proceeds of its non-brokered private placement from $400,000 to $600,000 due to strong investor demand [1]. Group 1: Offering Details - The company plans to issue up to 12,000,000 units at a price of $0.05 per unit, aiming to raise total gross proceeds of up to $600,000 [2]. - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.075 within thirty-six months after the closing date, pending TSX Venture Exchange approval [2]. Group 2: Use of Proceeds - Net proceeds from the sale will be allocated for assessing new growth opportunities, maintaining the existing exploration portfolio, and general working capital [3]. Group 3: Regulatory and Compliance - All securities issued will have a hold period of four months and one day post-issuance, in line with applicable securities laws and TSXV policies [4]. - The offering and any finder’s fees are subject to necessary regulatory approvals, including TSXV approval [4]. Group 4: Related Party Transactions - Certain insiders, including officers and directors, plan to subscribe for 4,300,000 units, which qualifies as a related party transaction under MI 61-101 [5]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [5].
Recent Market Movements and Top Losers
Financial Modeling Prep· 2025-09-22 22:00
Core Insights - Several companies have experienced significant stock price declines, impacting investor sentiment and market performance [1] Company Summaries Chijet Motor Company, Inc. (NASDAQ:CJET) - Stock price dropped to $0.19, reflecting a -33.69% change, with a yearly range of $0.078 to $2.99 [2] - The company focuses on innovation in the electric vehicle sector and has appointed Jason Miller as COO to lead its transition into digital currency [2] - Strategic integration of major cryptocurrencies like Bitcoin, Ethereum, and Solana into its balance sheet is planned [2] AtlasClear Holdings, Inc. (NYSE American:ATCH) - Experienced a -33.13% change, with stock price falling to $0.61, ranging from $0.137 to $26.94 over the year [3] - The company is navigating challenging market conditions under CEO Ilya Bogdanov, emphasizing its trading and settlement platform [3] - Recently closed a $3 million financing round with the potential to raise an additional $2 million [3] Envoy Medical, Inc. (NASDAQ:COCH) - Stock price fell to $0.90, marking a -30.55% change, with a price range of $0.88 to $3.99 [4] - The company offers innovative medical technologies for hearing loss and is led by CEO Brent T. Lucas [4] - Announced a $2.5 million registered direct offering and a concurrent private placement for additional shares [4] Market Outlook - Despite significant price declines, these companies continue to pursue innovation and growth, with leadership committed to navigating market challenges [5]
Eloro Resources Announces Further Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$11.0 Million
Globenewswire· 2025-08-27 20:51
Core Viewpoint - Eloro Resources Ltd. has increased the gross proceeds of its private placement from C$10,000,400 to C$11,000,900 due to strong investor demand [1] Group 1: Offering Details - The Underwritten Offering will consist of 9,566,000 units priced at C$1.15 per unit, each unit comprising one common share and one-half of a warrant [1][2] - Each whole warrant allows the holder to purchase one common share at C$1.60 within 36 months after the closing date [2] - An Over-Allotment Option allows Red Cloud to purchase an additional 2,609,000 units for up to C$3,000,350, potentially raising total gross proceeds to C$14,001,250 if fully exercised [3] Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated for the exploration and development of the Iska Iska project in Bolivia, along with general corporate purposes and working capital [4] Group 3: Regulatory and Closing Information - The Offering is set to close on September 4, 2025, subject to necessary approvals, including from the Toronto Stock Exchange [7] - The Units will be offered to purchasers in specific Canadian provinces and may also be sold in offshore jurisdictions, with certain exemptions from U.S. registration requirements [5][8] Group 4: Company Overview - Eloro Resources Ltd. is focused on exploration and mine development, holding properties in Bolivia, Peru, and Quebec, including a 100% interest in the Iska Iska Property [10]
Eloro Resources Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$10.0 Million
Globenewswire· 2025-08-22 16:03
Core Viewpoint - Eloro Resources Ltd. has successfully increased the size of its private placement offering from C$5,000,200 to C$10,000,400 due to strong investor demand [1] Group 1: Offering Details - The upsized offering will consist of 8,696,000 units priced at C$1.15 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$1.60 within 36 months from the closing date [2] - An over-allotment option allows Red Cloud to purchase an additional 1,740,000 units for up to C$2,001,000 in gross proceeds [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for the exploration and development of the Iska Iska project in southern Bolivia, along with general corporate purposes and working capital [4] Group 3: Regulatory and Closing Information - The offering is set to close on September 4, 2025, pending necessary approvals, including from the Toronto Stock Exchange [7] - The units will be offered to purchasers in specific Canadian provinces and may also be sold in offshore jurisdictions [5][8] Group 4: Company Overview - Eloro Resources Ltd. is focused on exploration and mine development, holding a portfolio of precious and base-metal properties in Bolivia, Peru, and Quebec [10] - The company has an option to acquire a 100% interest in the Iska Iska Property, a significant mineral deposit in southern Bolivia [10]
Volatus Aerospace Inc. Announces Closing of Quebec Led Institutional “Bought Deal” Private Placement
GlobeNewswire News Room· 2025-08-14 13:12
Core Viewpoint - Volatus Aerospace Inc. has successfully completed a bought deal private placement offering, raising gross proceeds of $4,830,000 through the sale of 9,288,462 units at a price of $0.52 per unit, indicating strong investor confidence in the company's growth strategy [1][2]. Group 1: Offering Details - The offering was led by institutional investors in Quebec, with significant participation from other Canadian institutional investors, highlighting broad confidence in Volatus' strategy and growth potential [2]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.76, valid until August 14, 2028 [3]. - The net proceeds will be allocated towards expanding into the defense business segment, increasing inventory of drone systems to meet rising demand, and for general working capital [4]. Group 2: Regulatory and Financial Aspects - A total of 8,076,924 units were sold under the "Listed Issuer Financing Exemption," which allows for no statutory hold periods, while 1,211,538 units sold under the over-allotment option are subject to a four-month hold period [5]. - The company paid a cash commission of $289,800 to the underwriter and issued 557,308 non-transferable broker warrants, each allowing the purchase of one common share at $0.76, valid until August 14, 2026, also subject to a four-month hold period [6]. Group 3: Company Overview - Volatus Aerospace is recognized as a leader in innovative global aerial solutions, providing comprehensive services using both piloted and remotely piloted aircraft systems across various industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure [8].
LEEF Brands Increases Private Placement to CAD $1.9 Million
Globenewswire· 2025-08-12 12:00
Core Viewpoint - LEEF Brands, Inc. is increasing its private placement offering to issue up to 7,600,000 units at a price of C$0.25 per unit, aiming for gross proceeds of up to C$1.9 million [1][5]. Group 1: Offering Details - Each unit will consist of one common share and one common share purchase warrant, with each warrant allowing the purchase of an additional common share at C$0.30 for 24 months [2]. - The offering is conducted under the listed issuer financing exemption, meaning the securities issued will not be subject to a statutory hold period under Canadian securities laws [3]. Group 2: Use of Proceeds - The net proceeds from the offering are expected to be used for general working capital, supporting operations from the successful harvest at Salisbury Canyon Ranch, and accelerating operations in New York [4]. Group 3: Management Commentary - The CEO of LEEF Brands stated that the increased financing reflects investor confidence and positions the company for expansion in extraction operations, enhancing vertical integration and exploring new revenue streams [5]. Group 4: Company Overview - LEEF Brands Inc. is a leading extraction and manufacturing cannabis company based in California and New York, with a comprehensive supply chain and innovative manufacturing processes [6].
Stallion Uranium Announces Flow-Through and Non-Flow Through Private Placements for Gross Proceeds of up to $12M
GlobeNewswire News Room· 2025-08-06 01:49
Core Viewpoint - Stallion Uranium Corp. has announced a non-brokered private placement to raise up to $12 million through the issuance of flow-through and non-flow-through units at a price of $0.20 per unit, with the first tranche expected to close by August 15, 2025 [1] Group 1: Offering Details - The Offering consists of up to 60,000,000 units, including flow-through units (FT Units) and non-flow-through units (NFT Units) [1] - Each FT Unit includes one flow-through common share and one FT Warrant, allowing the purchase of an additional FT Share at $0.26 for 60 months [2] - Each NFT Unit consists of one non-flow-through common share and one NFT Warrant, permitting the purchase of an additional NFT Share at $0.26 for 60 months [3] Group 2: Use of Proceeds - Gross proceeds from FT Units will be allocated to exploration expenditures on resource claims in Saskatchewan, qualifying as "Canadian exploration expenses" [5] - Net proceeds from NFT Units will be directed towards exploration and development activities in the Athabasca Basin, as well as for working capital and general corporate purposes [5] Group 3: Regulatory and Approval Requirements - The Offering is subject to corporate and regulatory approvals, including the TSX Venture Exchange, and requires disinterested shareholder approval due to the creation of a new Control Person [6] - The Company plans to seek approval from disinterested shareholders holding over 50% of its common shares to approve the creation of the new Control Person [6] - Insiders will participate in the Offering, which is expected to be exempt from formal valuation and minority shareholder approval requirements [7] Group 4: Company Overview - Stallion Uranium is focused on uranium exploration in the Athabasca Basin, which contains the largest high-grade uranium deposits globally, covering approximately 1,700 square kilometers [10] - The Company holds the largest contiguous project in the Western Athabasca Basin, adjacent to multiple high-grade discovery zones [10]
Volatus Aerospace Inc. Announces “Bought Deal” Private Placement
Globenewswire· 2025-08-05 22:59
Core Points - Volatus Aerospace Inc. has entered into an agreement for a bought deal private placement of 8,076,924 units at a price of $0.52 per unit, aiming for gross proceeds of $4,200,000 [1][2] - 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 an exercise price of $0.76 for 36 months [2] - The offering will be available to purchasers across all provinces in Canada under the "Listed Issuer Financing Exemption" and will not be subject to statutory hold periods [3] Underwriter Details - The underwriter has an option to purchase an additional 15% of the offered securities at the issue price, exercisable up to 48 hours before the closing date [4] - The underwriter will receive a cash fee of 6.0% of the gross proceeds and non-transferable warrants equal to 6.0% of the number of offered securities sold [5] Use of Proceeds - The net proceeds from the offering will be used for expansion into the defense business segment, increasing inventory of drone systems, and for general working capital [6] - The offering is expected to close on or about August 14, 2025, subject to necessary approvals [6] Company Overview - Volatus Aerospace is a leader in global aerial solutions, providing services across various industries including oil and gas, energy utilities, healthcare, public safety, and infrastructure [8] - The company focuses on enhancing operational efficiency, safety, and sustainability through advanced aerial technologies [8]
Element 29 Announces Upsized Private Placement of up to $6,400,000
Newsfile· 2025-08-01 12:00
Core Viewpoint - Element 29 Resources Inc. has announced an increase in its non-brokered private placement financing to 12,800,000 units at a price of $0.50 per unit, aiming for gross proceeds of up to $6,400,000 [1][3]. Financing Details - Each unit consists of one common share and one-half of a non-transferable common share purchase warrant, with each whole warrant exercisable for one common share at an exercise price of $0.70 for 36 months [2]. - The net proceeds will fund exploration activities at the company's projects in Peru, particularly the Phase-III drill program at the Elida deposit, and for general working capital [3]. Related Party Transactions - Certain directors and officers may participate in the financing, which qualifies as a related party transaction but is exempt from formal valuation and minority shareholder approval requirements [4]. Regulatory Approval - The financing is subject to approval from the TSX Venture Exchange, and all securities issued will have a statutory hold period of four months and one day from the issuance date [5]. Company Overview - Element 29 is focused on exploring and developing Tier-1 copper deposits in Peru, which is recognized as a low-cost and low-risk mining jurisdiction [7]. - The company's main objective is to expand the Elida Porphyry Cu-Mo-Ag deposit, alongside three other early-stage porphyry copper projects covering over 25,000 hectares [8].