WALTHAM, Mass., March 27, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas,” “Zenas BioPharma” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to being a leader in the development and commercialization of transformative therapies for patients living with autoimmune diseases, today announced the pricing of its underwritten public offering of $200.0 million aggregate principal amount of its 2.50% convertible senior notes due 2032 (the “Convertible Notes” and ...

Core Points - Lycos Energy Inc. has entered into a definitive agreement with Mahikan Oil Corporation for a strategic business combination valued at approximately $49.7 million, including the assumption of net debt [2][3] - The transaction will be executed as an all-share deal, with Mahikan shareholders receiving 29,781,301 common shares of Lycos at a deemed price of $1.20 per share [2] - Concurrently, Lycos is conducting a non-brokered private placement equity financing to raise gross proceeds of $30 million [1][10] Combination Summary - The combination is expected to close on or before March 31, 2026, pending customary conditions and approvals [4] - Mahikan will operate as a wholly owned subsidiary of Lycos post-transaction [3] - The transaction will not create a new control person or result in a change of control of Lycos [5] Strategic Rationale - The combination aims to enhance asset performance through disciplined capital allocation and operational execution, leveraging the complementary asset bases of both companies [6] - The Mahikan land position is prospective for multiple stacked Mannville targets, providing long-term development visibility [7] Resource Base - Mahikan's asset base includes an estimated total petroleum initially-in-place (PIIP) of approximately 1.44 billion barrels, indicating significant long-life resource potential [7] - Identified drilling inventory includes approximately 698 gross locations, with additional upside potential through further development [8] Management and Governance - The management team will include members from both Lycos and Mahikan, ensuring continuity and governance [9] - The board will have equal representation from both companies, with additional independent members to be appointed [9] Equity Offering Details - The private placement will offer up to 25 million Lycos Shares at $1.20 per share, with insiders expected to subscribe for approximately $5 million [10][11] - Net proceeds from the offering will be used for debt repayment, future development, and general corporate purposes [11] New Core Area - The combination establishes a new operated core area of approximately 45 net contiguous sections of largely undeveloped land, enhancing development flexibility [16]

Treasury Offering of C$136.5 Million (~ A$141 Million)Secondary Offering of C$272.5 Million (~ A$282 Million)Marimaca and the Selling Shareholders have received strong commitments via the Canadian Offering and Australian Offering (defined below)Pro forma cash before transactions costs is C$227 million (~ A$235 million[1])[2]Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Marimaca Copper Corp. (TSX: MARI) (ASX: MC2) ("Marimaca" or the "Company") is pleased to announce a highly successful ...

Core Viewpoint - NeoVolta Inc. has announced a registered direct offering of 2,100,841 shares of common stock at a price of $4.76 per share, aiming to raise approximately $10 million for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The registered direct offering is expected to close on or about January 26, 2026, pending customary closing conditions [1]. - Needham & Company is acting as the sole placement agent for this offering [2]. - The offering is conducted under a "shelf" registration statement that became effective on June 28, 2024 [3]. Group 2: Company Overview - NeoVolta Inc. designs and manufactures advanced energy storage systems that promote energy independence and sustainability for homeowners and businesses [5]. - The company's products are engineered for high efficiency, safety, and longevity, and are compatible with solar systems to provide continuous power during grid outages [5].

Core Viewpoint - Riot Platforms has initiated a $500 million at-the-market offering, replacing a previous equity sale agreement established in August 2024 [1] Group 1: Financial Developments - The new $500 million facility allows Riot discretion over the timing and volume of sales [1] - Prior to the cancellation of the 2024 agreement, Riot sold approximately $600.5 million worth of stock, with about $149.5 million in unsold capacity remaining [2] Group 2: Market Projections - Institutional analysts project growth for Riot's infrastructure, with J.P. Morgan forecasting a "45% upside" for Riot shares through 2026 [2] - Analysts expect the company to sign a "600 MW colocation deal" at its Corsicana site by the end of 2026 [2] Group 3: Operational Capacity - Riot owns 1.7 GW of power capacity across two large-scale sites in Texas, which are located in tier-1 markets, considered "rare" for the Bitcoin mining industry [3]

Core Viewpoint - WSP Global Inc. has successfully completed a bought deal public offering and a concurrent private placement, raising approximately $977.5 million to fund its acquisition of TRC Companies [1][4]. Group 1: Offering Details - The corporation issued 3,616,750 Offering Common Shares at a price of $232.80 per share, generating gross proceeds of approximately $842 million, which includes 471,750 shares from the over-allotment option [2]. - Additionally, 582,328 Placement Common Shares were issued through a concurrent private placement with La Caisse, raising approximately $136 million [3]. Group 2: Use of Proceeds - The net proceeds from the offering and private placement will partially fund the purchase price for the acquisition of TRC Companies, thereby reducing the amount to be drawn from new senior unsecured non-revolving term loans [4]. Group 3: Acquisition Timeline - The acquisition of TRC Companies is anticipated to be completed in the first quarter of 2026, pending customary closing conditions and regulatory approvals [5].

Core Viewpoint - Borr Drilling Limited has successfully completed a public offering of 21 million common shares at a price of $4.00 per share, generating total gross proceeds of $84 million [1] Group 1: Equity Offering Details - The proceeds from the equity offering will be utilized for the acquisition of five premium jack-up rigs, as well as for general corporate purposes, which may include debt service, capital expenditures, and funding of working capital [2] - The equity offering was conducted under an effective shelf registration statement filed with the SEC on April 11, 2025, and was made solely through a prospectus and related prospectus supplement [4] Group 2: Underwriters and Management - DNB Carnegie, Inc. and Clarksons Securities AS acted as joint global coordinators and bookrunners for the equity offering, with Citigroup Global Markets, Inc., Fearnley Securities AS, and Pareto Securities AS serving as joint bookrunners [3]

Core Viewpoint - Borr Drilling Limited has successfully priced its offering of 21 million common shares at $4.00 per share, aiming for total gross proceeds of $84 million to fund acquisitions and corporate purposes [1][2]. Group 1: Equity Offering Details - The proceeds from the Equity Offering will be utilized for the potential acquisition of five premium jack-up rigs and for general corporate purposes, including debt service and capital expenditures [2]. - The delivery of the common shares is expected to occur on or around December 10, 2025 [2]. - The offering was conducted under an effective shelf registration statement filed with the SEC on April 11, 2025 [3]. Group 2: Listing and Trading Information - The company is in the process of listing its shares on Euronext Growth Oslo, with trading expected to begin on December 19, 2025 [4]. - After the re-listing, the company will be dual listed on the Oslo Stock Exchange and the NYSE, with the NYSE remaining the primary listing [5]. Group 3: Offering Management - DNB Carnegie, Inc. and Clarksons Securities AS are serving as joint global coordinators and bookrunners for the Equity Offering, with additional support from Citigroup Global Markets, Inc., Fearnley Securities AS, and Pareto Securities AS [2].

Core Viewpoint - Borr Drilling Limited plans to raise approximately $85 million through an equity offering of 21 million shares to fund the acquisition of five premium jack-up rigs and for general corporate purposes [1][2]. Group 1: Equity Offering Details - The equity offering is expected to generate gross proceeds of around $85 million through the sale of 21 million shares [1]. - Proceeds will be utilized for acquiring rigs, debt service, capital expenditures, working capital, and potential mergers and acquisitions [2]. - The offering will be conducted under an effective shelf registration statement filed with the SEC [4]. Group 2: Financial Partners and Management - DNB Carnegie, Inc. and Clarksons Securities AS are the joint global coordinators and bookrunners for the equity offering [3]. - Major shareholders, including directors Mr. Tor Olav Trøim and Mr. Thiago Mordehachvili, plan to subscribe for $10 million each through associated companies [5]. Group 3: Listing and Trading Information - The company is initiating the process to list its shares on Euronext Growth Oslo, with trading expected to begin on December 19, 2025 [6]. - Following the Oslo Stock Exchange re-listing, the company will be dual-listed on both the OSE and NYSE, with NYSE as the primary listing [7].

Core Viewpoint - South Pacific Metals Corp. has successfully closed a private placement offering, raising gross proceeds of C$9,199,494 to fund exploration activities and general corporate purposes [1][3]. Group 1: Offering Details - The offering consisted of 17,036,100 units priced at C$0.54 per unit, each unit comprising one common share and one-half of a common share purchase warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.90 for a period of 24 months following the offering's closing [2]. - The offering included a full exercise of a 15% option, resulting in an additional issuance of 2,222,100 units [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to expand exploration activities and for general corporate purposes [3]. Group 3: Related Party Transactions - The offering involved the issuance of 378,000 units to related parties, amounting to a subscription of C$204,120, which is exempt from formal valuation and minority shareholder approval requirements [4]. Group 4: Agent and Commission - BMO Capital Markets acted as the lead agent and sole bookrunner, with a cash commission of C$491,969.65 paid in connection with the offering [5]. Group 5: Company Overview - South Pacific Metals Corp. is an emerging gold-copper exploration company operating in Papua New Guinea, with a land package of 3,100 km² and four key projects [7]. - The company's projects are strategically located near major producers, indicating potential for significant mineralization [8].