Proceeds will fully retire debt facility from OrbiMed and fund company operations, thereby extending expected cash runway into mid-2027Financing anchored by Caligan Partners LP and PBM Capital, along with new and existing investors; Caligan Partners entitled to designate a new member to Verrica’s Board of Directors WEST CHESTER, Pa., Nov. 24, 2025 (GLOBE NEWSWIRE) -- Verrica Pharmaceuticals Inc. (“Verrica” or the “Company”) (Nasdaq: VRCA), a dermatology therapeutics company developing and selling medication ...

BOSTON--(BUSINESS WIRE)--Merlin Labs, Inc. ("Merlin†), a leading developer of assured, autonomous flight technology for defense customers, and Inflection Point Acquisition Corp. IV (Nasdaq: BACQ) ("Inflection Point†) today announced a significant increase to their previously disclosed private investment in public equity ("PIPE†). The increase comes from both new investors and existing investors increasing their commitments, bringing total PIPE commitments to more than $200 million, of which ove. ...

Core Viewpoint - The Federal Reserve's anticipated decision on interest rates is expected to significantly impact Bitcoin's price, with traders predicting a high likelihood of a rate cut [1][2]. Group 1: Federal Reserve and Interest Rates - Traders on Polymarket estimate over a 90% chance of a 25 basis points rate cut on September 17 [1]. - A rate cut is expected to increase liquidity in the market, which could lead to more investments in riskier assets, including Bitcoin [4]. Group 2: Impact on Bitcoin Treasury Firms - Alexander Blume, CEO of Two Prime, suggests that a rate cut could lead to increased funding for Bitcoin treasury firms through private investment in public equity (PIPE) and convertible debt [2][3]. - The expectation of a continued bull market encourages investors to participate in these funding mechanisms, betting on a long-term rise in Bitcoin prices [4]. Group 3: Market Sentiment and Bitcoin's Role - Blume believes that a 25 basis points cut over the next several quarters will be beneficial for risk assets, including Bitcoin [5]. - High inflation, a stalling labor market, and a weakening dollar are factors that strengthen Bitcoin's position as a trusted reserve asset [6]. - Recent market trends show a flight to safety, with gold prices rising, and it is anticipated that Bitcoin will follow this trend [7].

Core Viewpoint - USA Rare Earth, Inc. has entered into a securities purchase agreement to raise $75 million through a private investment in public equity (PIPE) to fund its magnet manufacturing facility and operational expenses [1][2]. Company Overview - USA Rare Earth is constructing a 310,000 square foot rare earth sintered neo magnet manufacturing facility in Stillwater, Oklahoma [7]. - The company controls mining rights to the Round Top Mountain rare earth and critical minerals deposit in West Texas, which contains significant deposits of heavy rare earths and other critical tech minerals [7]. - The company's products are essential for various industries, including defense, automotive, aviation, industrial, medical, and consumer electronics [7]. Financial Details - The PIPE will involve the issuance of approximately 8.55 million shares of common stock and pre-funded warrants for about 2.16 million shares, with a total purchase price of $75 million [2]. - The PIPE Warrants will allow the purchase of shares equal to 100% of the aggregate shares at a strike price of $7.00 per share, expiring six years from the issue date [2]. Investor Engagement - The CEO expressed satisfaction with the investor reception during the PIPE process, highlighting the importance of this funding for the first phase of the rare earth magnet facility [2]. - A special meeting of stockholders will be held to approve the issuance of the Warrant Shares, with majority support already secured [3]. Advisory and Legal Support - Cantor Fitzgerald & Co. acted as the lead placement agent for the private placement, with Cohen Capital Markets also involved [4]. - Legal counsel for USA Rare Earth was provided by White & Case LLP, while Reed Smith LLP served as legal counsel for the placement agents [4].