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THEON launches a share capital increase by way of a rights offering of approximately €150 million
Globenewswire· 2025-12-01 08:11
Core Points - Theon International Plc is launching a rights offering to raise approximately €150 million through the issuance of 8,624,645 new ordinary shares at a subscription price of €17.40 per share, which represents a discount of 30.8% to the theoretical ex-rights price [3][4][10] - The majority shareholders, Venetus Limited and CHRE Investments Limited, have committed to subscribe for approximately €107 million of new shares, representing about 71.0% of the offering [5][6] - The proceeds from the rights offering are intended to partially finance the acquisition of a 9.8% stake in Exosens SA for €268.7 million, positioning Theon as the second-largest shareholder in Exosens [6][8][7] Offering Details - The rights offering will allow existing shareholders to receive 1 right per ordinary share held as of the record date, with 8 rights required to subscribe for 1 new share [4][9] - The subscription period will run from December 2, 2025, to December 15, 2025, with rights trading occurring from December 2 to December 11, 2025 [12][13] - Any unsubscribed shares will be offered to eligible institutional investors through private placements [15] Financial Context - The subscription price of €17.40 per share is based on a closing price of €26.10 per ordinary share, indicating a significant discount [10] - The expected net proceeds from the offering are approximately €146 million, which will be utilized for the Exosens acquisition [8] Company Background - Theon Group specializes in developing and manufacturing advanced night vision and thermal imaging systems for defense and security applications, with a global presence [34] - The company has been listed on Euronext Amsterdam since February 2024 and has over 240,000 systems in service across 71 countries, including 26 NATO member countries [34]
Lee Enterprises Announces Intent to Pursue Rights Offering to Potentially Reduce Term Loan Debt Interest Rate to 5% for Five Years
Globenewswire· 2025-11-10 22:20
Core Viewpoint - Lee Enterprises, Inc. is initiating a proposed equity rights offering to raise up to $50 million to support its digital transformation efforts [1][2]. Group 1: Proposed Rights Offering - The proposed rights offering aims to raise capital for the company's digital transformation, with an aggregate offering value of up to $50 million [1]. - If the full offering amount is raised, the company will benefit from a reduction in its annual interest rate from 9% to 5% for five years, resulting in annual interest savings of approximately $18 million and up to $90 million over the five-year period [2]. - The net proceeds from the offering will be allocated for working capital and investments in technology related to advertising strategies, audience outreach, and digital products [3]. Group 2: Stockholder Consent and Share Structure - The company is seeking stockholder consent to amend its charter to authorize additional shares of existing common stock, a new class of convertible non-voting common stock, and "blank check" preferred stock [4]. - Holders of the company's voting common stock will receive subscription rights, which include a basic subscription right and an over-subscription privilege [5][10]. - The non-voting common stock issued in the offering is expected to convert automatically into voting common stock after three years [7]. Group 3: Regulatory and Procedural Aspects - A registration statement on Form S-1 has been filed with the U.S. Securities and Exchange Commission (SEC) to facilitate the proposed rights offering [8]. - The company reserves the right to modify, postpone, or cancel the proposed rights offering at any time [9]. - The offering will be made only by means of a prospectus that meets the requirements of the Securities Act of 1933 [11].
GCI Liberty Inc-A(GLIBA) - Prospectus
2025-11-05 21:25
Table of Contents As filed with the Securities and Exchange Commission on November 5, 2025 Registration No. 333- GCI Liberty, Inc. (Exact name of registrant as specified in its charter) Nevada (State or other jurisdiction of incorporation or organization) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 4841 (Primary Standard Industrial Classification Code Number) 36-5128842 (I.R.S. Employer Identification No.) FORM S-1 REGISTRATION STATEMENT UNDER 12300 Liberty Blvd. Englewood, Color ...
GCI Liberty Inc-C(GLIBK) - Prospectus
2025-11-05 21:25
Table of Contents As filed with the Securities and Exchange Commission on November 5, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GCI Liberty, Inc. (Exact name of registrant as specified in its charter) Nevada (State or other jurisdiction of incorporation or organization) 4841 (Primary Standard Industrial Classification Code Number) 36-5128842 (I.R.S. Employer Identification No.) 12300 Lib ...
AmpliTech Group Announces Unit Rights Offering
Prism Media Wire· 2025-10-30 11:01
Core Viewpoint - AmpliTech Group, Inc. announces a rights offering to shareholders and certain warrantholders, allowing them to purchase units at a price of $4.00 per unit, which includes one share of common stock and two short-term rights to purchase additional shares [2][3][6]. Summary by Sections Rights Offering Details - The company plans to distribute two transferable Unit Rights for each common share and warrant held as of the record date [4]. - A total of up to 8,000,000 units will be available for purchase at $4.00 per unit [3]. - Holders who fully exercise their Unit Rights can oversubscribe for additional units, subject to pro rata allocation [5]. Use of Proceeds - The net proceeds from the rights offering will be utilized for scaling domestic manufacturing, advancing R&D, enhancing supply-chain resilience, engaging in strategic partnerships, and supporting corporate growth initiatives [6]. Timeline - Key dates for the rights offering include: - Ownership date: November 7, 2025 - Record date: November 10, 2025 - Commencement date: November 11, 2025 - Subscription deadline: December 10, 2025 - Expiration date: December 10, 2025 [8]. Company Background - AmpliTech Group, Inc. specializes in advanced signal-processing components for satellite, 5G/6G networks, and quantum systems, serving various global markets including telecommunications and defense [12].
Total Return Securities Fund, Inc. Makes Announcement
GlobeNewswire News Room· 2025-08-07 20:00
Core Points - The Board of Directors of Total Return Securities Fund, Inc. has confirmed its intention to authorize a self-tender offer to purchase at least 15% of the Fund's outstanding shares at a price of at least 98% of the net asset value per share [1] - The Fund is also considering a rights offering to stockholders to purchase additional shares of common stock, aimed at limiting the increase in the Fund's expense ratio after the tender offer [2] - The number of shares to be purchased in the self-tender offer may exceed 15% but will not exceed 25% of the Fund's outstanding shares post-rights offering [2] Summary by Sections Self-Tender Offer - The Fund plans to initiate a self-tender offer for at least 15% of its outstanding shares at a minimum of 98% of NAV [1] Rights Offering - The Board is contemplating a rights offering to mitigate potential increases in the expense ratio due to a reduced asset base after the tender offer [2] - There is a possibility of dilution from issuing common stock at a discount to NAV, and the Board has not guaranteed the authorization or terms of the rights offering [2]
Gyrodyne(GYRO) - Prospectus(update)
2024-02-01 22:14
As filed with the Securities and Exchange Commission on February 1, 2024 Registration No. 333-276312 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GYRODYNE, LLC (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) New York 6512 46-3838291 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) O ...
Gyrodyne(GYRO) - Prospectus(update)
2024-01-26 17:20
As filed with the Securities and Exchange Commission on January 26, 2024 Registration No. 333-276312 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GYRODYNE, LLC (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) New York 6512 46-3838291 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) O ...
Gyrodyne(GYRO) - Prospectus(update)
2024-01-23 02:48
As filed with the Securities and Exchange Commission on January 22, 2024 Registration No. 333-276312 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GYRODYNE, LLC (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) New York 6512 46-3838291 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) O ...
Fresh Vine Wine(VINE) - Prospectus(update)
2023-01-27 22:13
As filed with the Securities and Exchange Commission on January 27, 2023 Registration No. 333-269082 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 PRE-EFFECTIVE AMENDMENT No. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ________________ FRESH VINE WINE, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) ________________ (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Nevada 208 ...