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Diversified Energy Announces Pricing of Secondary Offering of Common Stock
Globenewswire· 2026-03-09 23:05
Core Viewpoint - Diversified Energy Company announced the pricing of a secondary public offering of 7,501,585 shares of its common stock at a price of $14.45 per share, representing all remaining holdings of the Selling Stockholder [1][2]. Group 1: Secondary Offering Details - The Secondary Offering is being conducted by certain funds or entities managed by an affiliate of EIG, and Diversified will not offer any shares or receive any proceeds from this offering [2]. - The offering is expected to settle on March 11, 2026, subject to customary closing conditions, with Citigroup acting as the sole bookrunning manager [2]. Group 2: Share Repurchase - Following the completion of the Secondary Offering, Diversified has agreed to repurchase 3,750,000 shares of common stock from the underwriter at the same price per share as the Secondary Offering [1]. Group 3: Regulatory Filings - A shelf registration statement for the resale of these securities was filed with the U.S. Securities and Exchange Commission (SEC) on March 9, 2026, and became effective upon filing [3]. - A preliminary prospectus supplement and accompanying prospectus related to the Secondary Offering were filed with the SEC and are available for free on the SEC's website [3].
Diversified Energy Announces Secondary Offering of Common Stock
Globenewswire· 2026-03-09 20:51
Core Viewpoint - Diversified Energy Company announced a public offering of 7,501,585 shares of its common stock, representing all remaining holdings of the Selling Stockholder, managed by an affiliate of EIG [1] Group 1: Offering Details - The company is not offering any shares in the Secondary Offering and will not receive any proceeds from the sale [3] - Citigroup is acting as the sole bookrunning manager for the proposed Secondary Offering [3] - The offering is subject to market conditions, and there are no assurances regarding its completion or terms [3] Group 2: Registration and Access - A shelf registration statement for the resale of these securities was filed with the SEC on March 9, 2026, and became effective upon filing [4] - Copies of the registration statement can be accessed for free on the SEC's website [4] Group 3: Potential Repurchase - Diversified has expressed interest in purchasing up to 3,900,000 shares of common stock from the underwriter at the same price paid by the underwriter to the Selling Stockholder [1]
Alignment Healthcare Announces Pricing of Secondary Offering
Globenewswire· 2026-03-03 02:05
Core Viewpoint - Alignment Healthcare, Inc. has announced a public offering of 13,167,733 shares of its common stock at a price of $19.46 per share, with the offering expected to close on March 4, 2026 [1][2]. Group 1: Offering Details - The offering is underwritten by J.P. Morgan and will not provide any proceeds to Alignment Healthcare as the shares are being sold by an affiliate of General Atlantic, L.P. [1][2] - The offering is made pursuant to a shelf registration statement on Form S-3, which became effective upon filing on March 2, 2026 [3]. Group 2: Company Overview - Alignment Healthcare is focused on providing high-quality, low-cost care for Medicare Advantage members, emphasizing a mission to empower seniors to age well [5]. - The company utilizes a customized care model, a 24/7 concierge care team, and proprietary technology, AVA®, to deliver coordinated care [5].
Kyivstar Group Ltd. Announces Pricing of Secondary Offering of Common Shares
Globenewswire· 2026-01-30 02:06
Core Viewpoint - Kyivstar Group Ltd. announced the pricing of a public offering of 12,500,000 common shares at a price of USD 10.50 per share, with the offering expected to close on February 2, 2026 [1][2]. Group 1: Offering Details - The offering is conducted by VEON Amsterdam B.V. and other selling shareholders, with Kyivstar not selling any shares [1]. - The underwriters have a 30-day option to purchase an additional 1,875,000 common shares at the public offering price [1]. - The offering is subject to customary closing conditions and is being managed by Morgan Stanley, Barclays, Cantor, and Rothschild & Co [2]. Group 2: Company Background - Kyivstar Group Ltd. is a Nasdaq-listed holding company and operates JSC Kyivstar, which is Ukraine's leading digital operator [5]. - The company provides a wide range of services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [5]. - Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine from 2023 to 2027 for infrastructure and technological development [6].
Kyivstar Announces Pricing of Secondary Offering of Common Shares Held by VEON - Kyivstar Group (NASDAQ:KYIV), VEON (NASDAQ:VEON)
Benzinga· 2026-01-30 01:50
Core Viewpoint - VEON Ltd. has announced the pricing of a public offering of common shares held by its subsidiary Kyivstar Group Ltd., with a total of 12,100,000 shares priced at USD 10.50 each, along with an additional option for underwriters to purchase up to 1,875,000 shares [1][2]. Group 1: Offering Details - The public offering consists of 12,100,000 common shares from VEON Amsterdam B.V. and 400,000 shares from other selling shareholders, with a public offering price set at USD 10.50 per share [1]. - The offering is expected to close on February 2, 2026, pending customary closing conditions [2]. - The underwriters for the offering include Morgan Stanley, Barclays, Cantor, and Rothschild & Co, with Benchmark, StoneX Company, and Northland Capital Markets acting as co-managers [2]. Group 2: Company Background - VEON is a digital operator providing connectivity and digital services to nearly 150 million connectivity users and over 140 million digital users across five countries [5]. - Kyivstar Group Ltd. operates as Ukraine's leading digital operator, offering a wide range of services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [6].
Andean Precious Metals Announces C$83.1 Million Bought Public Secondary Offering of Common Shares
Globenewswire· 2026-01-20 22:02
Core Viewpoint - Andean Precious Metals Corp. has announced a secondary offering of 7,915,000 common shares at a price of C$10.50 per share, aiming to strengthen its shareholder base and improve trading liquidity [1][3]. Group 1: Secondary Offering Details - The secondary offering will generate aggregate gross proceeds of C$83,107,500 for the Selling Shareholder, PMB Partners LP [1]. - The Underwriters have a one-time option to purchase an additional 15% of the common shares to cover over-allotments [2]. - The net proceeds from the offering will go directly to the Selling Shareholder, with the Company not receiving any proceeds [3]. Group 2: Shareholder and Ownership Structure - Following the secondary offering, the Selling Shareholder will own approximately 47.94% of the outstanding common shares, down from 53.22% [8][9]. - If the Underwriters' option is fully exercised, the Selling Shareholder's ownership will further decrease to 47.15% [9]. Group 3: Strategic Intent - The transaction is intended to attract institutional investors and increase public float, thereby enhancing liquidity without diluting existing shareholders [3][4]. - The Executive Chairman and CEO, Alberto Morales, emphasized his commitment to the Company's strategy and long-term value creation [5]. Group 4: Regulatory and Offering Process - The common shares will be offered publicly in all Canadian provinces and territories, except Québec and Nunavut, and may also be offered to qualified institutional buyers in the U.S. under Rule 144A [6]. - The offering is subject to corporate and regulatory approvals and is expected to close around January 28, 2026 [5]. Group 5: Lock-Up Agreements - The Selling Shareholder has agreed not to sell any common shares for 90 days post-closing, and the Company will also refrain from issuing new shares during this period [7].
DoubleDown Interactive Announces Pricing of Secondary Offering by Selling Shareholder
Globenewswire· 2025-12-17 13:00
Core Viewpoint - DoubleDown Interactive Co., Ltd. has announced a secondary offering of 2,330,468 American Depositary Shares (ADSs) at a price of $8.00 per ADS, which will be sold by the Selling Shareholder, STIC Special Situation Diamond Limited, without changing the number of outstanding Common Shares [1][2]. Group 1: Offering Details - The offering consists entirely of ADSs sold by the Selling Shareholder, and the company will not receive any proceeds from this sale [2]. - The offering is expected to close on or about December 18, 2025, pending customary closing conditions [2]. - Roth Capital Partners is the Lead Bookrunning Manager, while Texas Capital Securities is the Co-Bookrunning Manager for the offering [2]. Group 2: Registration and Compliance - The ADSs are being offered under a shelf registration statement on Form F-3, which was filed with the SEC on September 19, 2025, and declared effective on September 30, 2025 [3]. - The offering will be made only through a prospectus supplement and accompanying prospectus that are part of the Registration Statement [4]. Group 3: Company Overview - DoubleDown Interactive is a leading developer and publisher of digital games on mobile and web-based platforms, known for its flagship social casino title, DoubleDown Casino [7]. - The company has expanded its social casino platform through the acquisition of WHOW Games GmbH, a developer based in Hamburg, Germany [7]. - The subsidiary, SuprNation, operates three real-money iGaming sites in Western Europe [7].
Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG
Businesswire· 2025-11-05 01:09
Core Points - Corebridge Financial, Inc. announced the pricing of a secondary offering of common stock by American International Group, Inc. at $31.10 per share, expected to close on November 6, 2025 [1][2] - AIG is offering 32.6 million existing shares, which corresponds to approximately $1.0 billion in gross proceeds, with all net proceeds going to AIG [2] - Corebridge Financial intends to purchase approximately $500 million of common stock from the underwriter at the same price, funded by cash on hand, subject to the completion of the offering [3] Company Overview - Corebridge Financial manages over $380 billion in assets as of September 30, 2025, positioning itself as one of the largest providers of retirement solutions and insurance products in the United States [6]
Diversified Energy Announces Pricing of Secondary Offering of Ordinary Shares - Diversified Energy (NYSE:DEC)
Benzinga· 2025-09-17 00:37
Core Viewpoint - Diversified Energy Company PLC has announced the pricing of a secondary offering of ordinary shares, with a total of 5,713,353 shares priced at $13.75 each, and an additional option for underwriters to purchase up to 857,002 shares [1][2]. Summary by Sections Secondary Offering Details - The secondary offering consists entirely of ordinary shares sold by selling stockholders, with Diversified not offering any shares or receiving proceeds from the sale [2]. - The offering is expected to settle on September 18, 2025, pending customary closing conditions [2]. Participation and Related Transactions - The Diversified Employee Benefit Trust intends to purchase 750,000 shares at the public offering price, totaling $10,312,500, which constitutes a related party transaction due to connections with Diversified's director [3]. - The shares were originally issued as part of the acquisition of Maverick Natural Resources, LLC, completed on March 14, 2025 [3]. Underwriters and Management - Mizuho and Raymond James are acting as joint book-running managers for the offering, with Citigroup also participating as a joint book-running manager [4]. - The offering is supported by a shelf registration statement filed with the SEC, which became effective upon filing [5]. Company Overview - Diversified Energy focuses on acquiring and managing energy assets, including natural gas and liquids production, and is recognized for its sustainability leadership [8].
Diversified Energy Announces Pricing of Secondary Offering of Ordinary Shares
Globenewswire· 2025-09-17 00:37
Core Viewpoint - Diversified Energy Company PLC has announced the pricing of a secondary offering of ordinary shares, with a total of 5,713,353 shares priced at $13.75 each, and an additional option for underwriters to purchase up to 857,002 shares [1][2]. Group 1: Secondary Offering Details - The secondary offering consists entirely of ordinary shares sold by selling stockholders, with Diversified not offering any shares or receiving proceeds from the sale [2]. - The offering is expected to settle on September 18, 2025, pending customary closing conditions [2]. - The Diversified Employee Benefit Trust intends to purchase 750,000 shares at the public offering price, totaling $10,312,500, which constitutes a related party transaction [3]. Group 2: Underwriters and Management - Mizuho and Raymond James are acting as joint book-running managers for the secondary offering, with Citigroup also participating as a joint book-running manager [4]. - The board of directors has confirmed that the related party transaction is fair and reasonable for shareholders, with advice from Stifel Nicolaus Europe Limited [3]. Group 3: Company Overview - Diversified Energy is an independent energy company focused on natural gas and liquids production, transportation, marketing, and well retirement, recognized for its sustainability leadership [8].