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Bit Digital prices $150M public offering to fund Ethereum purchases
Proactiveinvestors NA· 2025-06-26 12:37
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [5]
GDS Announces the Launch of an Initial Public Offering for its C-REIT on the Shanghai Stock Exchange
Globenewswire· 2025-06-26 10:00
SHANGHAI, China, June 26, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that the China Securities Regulatory Commission (“CSRC”) and Shanghai Stock Exchange have approved the registration and launch of an initial public offering (“IPO”) for its China REIT (“C-REIT”). The transaction involves the sale by GDS of 100% equity interest in a project compan ...
SiTime Corporation Announces Pricing of Follow-on Public Offering
Globenewswire· 2025-06-26 04:20
Group 1 - SiTime Corporation announced a follow-on public offering of 1,750,000 shares at a price of $200.00 per share, expecting gross proceeds of $350 million before expenses [1] - The offering is set to close on June 27, 2025, subject to customary closing conditions [1] - SiTime has granted underwriters a 30-day option to purchase up to 262,500 additional shares at the public offering price [2] Group 2 - UBS Investment Bank and Stifel are the joint lead book-running managers for the offering, with Needham & Company and Goldman Sachs also involved as joint book-running managers [2] - A registration statement for these securities was filed with the U.S. Securities and Exchange Commission on February 26, 2024, and became effective upon filing [3] - The offering is being made only by means of a prospectus supplement and accompanying prospectus [3] Group 3 - SiTime Corporation specializes in precision timing solutions, offering semiconductor MEMS programmable solutions that enhance product performance, size, power efficiency, and reliability [5] - The company has shipped over 3.5 billion devices, indicating a significant impact on the timing industry [5]
Kratos Defense & Security Solutions, Inc. Prices Public Offering of Common Stock
Globenewswire· 2025-06-26 03:14
Core Viewpoint - Kratos Defense & Security Solutions, Inc. has announced an underwritten offering of 12,987,013 shares of common stock at a price of $38.50 per share, aiming to raise approximately $483.75 million in net proceeds for various strategic initiatives [1][2]. Group 1: Offering Details - The offering price is set at $38.50 per share, with expected net proceeds of approximately $483,750,000 after underwriting discounts and commissions [1]. - Kratos has granted underwriters a 30-day option to purchase an additional 1,948,052 shares [1]. - The offering is anticipated to close on June 27, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds will be utilized for investments and capital expenditures to support national security priorities, including existing programs and high-probability pipeline opportunities [2]. - Funds will also be allocated for targeted acquisitions and general corporate purposes, including debt repayment and offering-related expenses [2]. Group 3: Management and Regulatory Information - Baird, RBC Capital Markets, Truist Securities, and Raymond James are acting as joint book-running managers for the offering, with additional co-managers involved [3]. - The offering is conducted under an automatic shelf registration statement filed with the SEC, which became effective on February 21, 2024 [4].
Jefferson Capital Announces Pricing of Initial Public Offering
Globenewswire· 2025-06-26 01:56
Core Viewpoint - Jefferson Capital, Inc. has announced the pricing of its initial public offering (IPO) of 10,000,000 shares at $15.00 per share, with a significant portion of shares being offered by existing stockholders [1][2]. Group 1: IPO Details - The IPO consists of 625,000 shares offered by Jefferson Capital and 9,375,000 shares offered by existing stockholders [1]. - Underwriters have a 30-day option to purchase up to 1,500,000 additional shares at the IPO price [1]. - The offering is expected to close on June 27, 2025, subject to customary closing conditions [2]. Group 2: Trading Information - Jefferson Capital's common stock is set to begin trading on the Nasdaq Global Select Market under the ticker symbol "JCAP" on June 26, 2025 [2]. Group 3: Underwriters - Jefferies and Keefe, Bruyette & Woods are acting as joint-lead book-running managers for the offering, with several other firms participating as book-running managers and co-managers [3]. Group 4: Company Background - Jefferson Capital, founded in 2002, specializes in purchasing and managing charged-off and insolvency consumer accounts, operating in multiple countries including the U.S., Canada, the U.K., and Latin America [7]. - The company services both secured and unsecured assets and has a diverse client base that includes Fortune 500 companies, banks, and fintech platforms [7].
Bit Digital, Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of WhiteFiber Inc.
Prnewswire· 2025-06-25 20:05
NEW YORK, June 25, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced that its wholly-owned HPC subsidiary, WhiteFiber Inc. ("WhiteFiber"), has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of WhiteFiber's ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been deter ...
Nature's Sunshine Products, Inc. Announces Launch of Secondary Public Offering of Common Stock
Globenewswire· 2025-06-25 20:01
LEHI, Utah, June 25, 2025 (GLOBE NEWSWIRE) -- Nature’s Sunshine Products, Inc. (NASDAQ: NATR) (“Nature’s Sunshine” or the “Company”), a leading manufacturer of high-quality herbal and nutritional supplements, today announced the launch of an underwritten secondary public offering of up to 2,854,607 shares of its common stock to be sold by Fosun Pharma USA, Inc (the “Selling Stockholder”). The Selling Stockholder will receive all of the net proceeds from the offering. Nature’s Sunshine is not selling any sha ...
Crude Oil Rises Sharply; Torrid Holdings Shares Plunge
Benzinga· 2025-06-25 16:47
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Wednesday. Equities Trading UP Equities Trading DOWN The Dow traded down 0.18% to 43,011.70 while the NASDAQ gained 0.20% to 19,953.27. The S&P 500 also rose, gaining, 0.02% to 6,093.14. Check This Out: Top 2 Utilities Stocks That May Fall Off A Cliff In Q2 Leading and Lagging Sectors Information technology shares jumped by 0.8% on Wednesday. In trading on Wednesday, real estate stocks fell by 1.3%. Top Headline ...
Kandal M Venture Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq
Globenewswire· 2025-06-25 15:14
Core Viewpoint - Kandal M Venture Limited has successfully priced its initial public offering (IPO) of 2,000,000 Class A ordinary shares at $4.00 per share, with trading expected to commence on June 25, 2025, under the symbol "FMFC" [1]. Group 1: Offering Details - The IPO is set to close on June 26, 2025, pending customary closing conditions [1]. - The company has granted underwriters a 45-day option to purchase an additional 300,000 Class A ordinary shares at the offering price [2]. - The offering is being conducted on a firm commitment basis, with Dominari Securities LLC as the representative underwriter and Revere Securities LLC as the co-underwriter [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for expanding the customer base into key markets, particularly in Europe [1]. - The funds will also enhance production capacity and establish a new design and development center to improve product development capabilities [1]. - Additional working capital and general corporate purposes will also be funded through the proceeds [1]. Group 3: Company Overview - Kandal M Venture Limited is a contract manufacturer specializing in affordable luxury leather goods, with manufacturing operations based in Cambodia [6]. - The company primarily produces a variety of handbags and smaller leather goods, including wallets [6].
Lifeward Announces Pricing of $2.6 Million Public Offering
Globenewswire· 2025-06-25 13:10
MARLBOROUGH, Mass. and YOKNEAM ILLIT, Israel, June 25, 2025 (GLOBE NEWSWIRE) -- Lifeward Ltd. (NASDAQ: LFWD) (“Lifeward” or the “Company”), a global leader in innovative medical technology to transform the lives of people with physical limitations or disabilities, today announced the pricing of a public offering of an aggregate of 4,000,000 of the Company’s ordinary shares and accompanying warrants to purchase up to 4,000,000 of the Company’s ordinary shares, at a combined public offering price of $0.65 per ...