Private Placement
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Univest Securities, LLC Announces Closing of $5.5 Million PIPE Offering for its Client GD Culture Group Limited (NASDAQ: GDC)
GlobeNewswire News Room· 2025-05-05 21:00
Core Viewpoint - GD Culture Group Limited has successfully closed a private placement, raising approximately $5.5 million to support its working capital needs [3]. Group 1: Private Placement Details - The company sold an aggregate of 1,115,600 shares of common stock at a price of $0.524 per share and pre-funded warrants to purchase up to 9,380,582 shares at a price of $0.523 per warrant [2]. - The gross proceeds from the offering amounted to approximately $5.5 million, which will be utilized for working capital purposes [3]. Group 2: Company Overview - GD Culture Group Limited operates primarily through its subsidiaries, AI Catalysis Corp. and Shanghai Xianzhui Technology Co, Ltd., and is planning to enter the livestreaming market focused on e-commerce [7]. - The company’s main business activities include AI-driven digital human technology and live-streaming e-commerce [7].
Talisker Closes $8 Million Brokered Private Placement
Globenewswire· 2025-05-05 15:38
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to announce that it has closed the previously announced “best-efforts” private placement (the “Offering”) for total gross proceeds of $8.0 million, which includes the exercise in full of the over-allotment option. In connection with the Offering, the Company issued an aggregate of ...
GD Culture Group Limited Announces PIPE of approximately 5.5 Million
Globenewswire· 2025-05-05 14:00
Core Viewpoint - GD Culture Group Limited announced a private placement to raise approximately $5.5 million through the sale of common stock and pre-funded warrants [1][2]. Group 1: Private Placement Details - The company signed a private placement agreement on May 2, 2025, for the purchase of 1,115,600 shares of common stock at a price of $0.524 per share [1]. - Additionally, pre-funded warrants to purchase up to 9,380,582 shares of common stock were included in the offering at a price of $0.523 per warrant [1]. - The gross proceeds from the offering are expected to be around $5.5 million, which will be used for working capital purposes [2]. Group 2: Company Overview - GD Culture Group Limited operates primarily through its subsidiaries, including AI Catalysis Corp., and is focused on entering the livestreaming market with an emphasis on e-commerce [5]. - The company's main business activities involve AI-driven digital human technology and live-streaming e-commerce [5].
Marvel Biosciences Announces Closing of Second Tranche of Private Placement
Newsfile· 2025-05-02 11:00
Core Points - Marvel Biosciences Corp. has successfully closed the second tranche of its non-brokered private placement, raising gross proceeds of $18,750 from the issuance of 150,000 units at a price of $0.125 per unit [1][2] - The proceeds from the offering will be allocated towards drug formulation, toxicology studies, and general working capital [5] - The company has clarified that no finders' fees or warrants were paid to Abinvest Corporation and Abingdon Capital Corp. as previously reported [3] Offering Details - The second tranche of the offering involved the issuance of 150,000 units, each consisting of one common share and one warrant [2] - Finders' fees of $1,312.50 were paid in cash, along with the issuance of 10,500 finder's warrants, which are exercisable at $0.175 per share for two years [2] - The offering is limited to accredited investors and is subject to approval by the TSX Venture Exchange [4] Company Overview - Marvel Biosciences Corp. is a Calgary-based pre-clinical stage pharmaceutical development biotechnology company [7] - The company is developing MB-204, a novel fluorinated derivative of the anti-Parkinson's drug Istradefylline, which may also have applications in treating other neurological diseases [7][9] - The company is exploring the potential of MB-204 in addressing neurodevelopmental disorders such as autism, depression, Alzheimer's Disease, Rett Syndrome, and Fragile X Syndrome [9]
Talisker Provides Update on the Closing of the Brokered Private Placement and Intention to List Underlying Warrants
Globenewswire· 2025-05-01 11:00
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 01, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to provide an update with respect to its previously announced “best-efforts” private placement of units (the “Offering”). As a result of strong investor demand, it is anticipated that the agent’s option will be exercised in full by Red Cloud Securities Inc. (“Red Cloud”), who is a ...
Westhaven Announces Brokered Private Placement for Gross Proceeds of up to C$4.0 Million
Globenewswire· 2025-05-01 11:00
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) (“Westhaven” or the “Company”) is pleased to announce that the Company has entered into an agreement with Red Cloud Securities Inc. (the “Agent”) to act as sole agent and bookrunner in connection with a best efforts, private placement (the "Offering") for aggregate gross proceeds of up to C$4,000,000 from the sale of any combina ...
Digital Asset Acquisition Corp. Announces Closing of $172.5 Million Initial Public Offering Including Full Exercise of Underwriters’ Over-Allotment Option
Globenewswire· 2025-04-30 17:45
Group 1 - Digital Asset Acquisition Corp. closed its initial public offering (IPO) of 17,250,000 units at a public offering price of $10.00 per unit, including 2,250,000 units from the underwriters' over-allotment option [1][2] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] - The company also closed a private placement of 5,450,000 warrants at $1.00 per warrant, generating gross proceeds of $5,450,000, with a total of $172,500,000 placed in trust from the IPO and private placement [3] Group 2 - Digital Asset Acquisition Corp. is a blank check company aimed at effecting a merger or similar business combination, specifically targeting opportunities in the digital asset and cryptocurrency sectors [4] - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, while Clear Street LLC served as the joint book-runner [5]
Real Asset Acquisition Corp. Announces Closing of $172.5 Million Initial Public Offering Including Full Exercise of Underwriters’ Over-Allotment Option
Globenewswire· 2025-04-30 17:20
Group 1 - Real Asset Acquisition Corp. closed its initial public offering (IPO) of 17,250,000 units at a public offering price of $10.00 per unit, including 2,250,000 units from the underwriters' over-allotment option [1][2] - Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 [1] - The IPO proceeds included $172,500,000 placed in trust, corresponding to $10.00 per unit sold in the public offering [3] Group 2 - Concurrently with the IPO, the company closed a private placement of 5,450,000 warrants at $1.00 per warrant, generating gross proceeds of $5,450,000 [3] - The company intends to target opportunities in quantum computing, metals/mining, rare earth, and infrastructure sectors for its initial business combination [4] Group 3 - The units began trading on Nasdaq under the ticker symbol "RAAQU" on April 29, 2025, with Class A ordinary shares and warrants expected to be listed under "RAAQ" and "RAAQW," respectively [2] - Cohen & Company Capital Markets acted as the lead book-running manager, while Clear Street LLC served as the joint book-runner for the offering [5]
Opus One Gold Corporation Announces Closing of Second and Final Tranche af a Private Placement
Globenewswire· 2025-04-29 13:03
Core Points - Opus One Gold Corporation closed a second and final tranche of its non-brokered private placement of flow-through shares and units, raising aggregate gross proceeds of $578,450.25 on April 25, 2025 [1] - The total issuance included 5,353,850 flow-through shares at $0.065 each and 4,190,000 units at $0.055 each, with each unit consisting of one common share and one warrant [2] - The overall gross proceeds from both tranches amounted to $1,545,700.30, with funds allocated for exploration on mineral properties and general working capital [3] Financial Details - The company issued a total of 20,234,620 flow-through shares and 4,190,000 units across both tranches [3] - Cash finders fees amounted to $26,150, and a total of 369,230 compensation warrants were issued, each exercisable at $0.10 for 24 months [5] - Previous private placement details included 995,636 finders' warrants and $101,460 in cash finders' fees [6] Regulatory and Compliance - The offering was conducted under the "accredited investor" exemption in Canada, with a four-month hold period applicable to the securities issued [4] - Closing of the offering is subject to approval from the TSX Venture Exchange and customary closing conditions [5] Company Overview - Opus One Gold Corporation focuses on discovering high-quality gold and base metals deposits in the Abitibi Greenstone Belt, a prolific mining area [8]
Inflection Point Acquisition Corp. III Announces Closing of $253,000,000 Million Initial Public Offering
Globenewswire· 2025-04-29 11:00
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Inflection Point Acquisition Corp. III (the "Company"), a special purpose acquisition company formed for the purpose of effecting a ...