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Day: January 6, 2021

NGM Bio Announces Pricing of Upsized $125.0 Million Public Offering of Common Stock

SOUTH SAN FRANCISCO, Calif., Jan. 05, 2021 (GLOBE NEWSWIRE) — NGM Biopharmaceuticals, Inc. (NGM) (Nasdaq: NGM), a biotechnology company focused on discovering and developing transformative therapeutics for patients, today announced the pricing of an underwritten public offering of 4,629,630 shares of its common stock at a price to the public of $27.00 per share. The aggregate gross proceeds from the offering are expected to be approximately $125.0 million, before deducting the underwriting discounts and commissions and estimated offering expenses payable by NGM. The offering is expected to close on or about January 8, 2021, subject to customary closing conditions. In connection with the offering, NGM has granted the underwriters a 30-day option to purchase up to an additional 694,444 shares of its common stock at the public offering...

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MPHASE REPORTS 2nd CONSECUTIVE PROFITABLE QUARTER AND RECORD 1,111% INCREASE IN ANNUAL REVENUE FOR FISCAL 2020

Gaithersburg, MD, Jan. 05, 2021 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTC Pink: XDSL) (“mPhase” or the “Company”) reported financial results for its fiscal 2020 fourth quarter and year ended June 30, 2020. In conjunction with this release, the Company is also providing additional details on its strategy for the upcoming calendar year 2021.For fiscal Q4 and full year 2020, management is noting the following items of importance:Revenue set an all-time record of $30.3 million during fiscal year 2020, compared to $2.5 million of revenue reported during fiscal year 2019, representing a 1,111% year-over-year increase;Fiscal Q4 2020 revenue increased 204% to $7.6 million, compared to $2.5 million during fiscal Q4 2019;Fiscal Q4 2020 results represented the second consecutive profitable quarter, with net income of approximately...

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Kairos Acquisition Corp. Announces Pricing of $240 Million Upsized Initial Public Offering

New York, New York, Jan. 05, 2021 (GLOBE NEWSWIRE) — Kairos Acquisition Corp. (the “Company”) announced today the pricing of its initial public offering of 24,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Capital Market (the “Nasdaq”) and trade under the ticker symbol “KAIRU” beginning on January 6, 2021. 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. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “KAIR” and “KAIRW,” respectively. The offering is expected to close on January 8, 2021.Kairos Acquisition Corp. is a blank check company incorporated...

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Sports Ventures Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering

Bal Harbour, Florida, Jan. 05, 2021 (GLOBE NEWSWIRE) — Sports Ventures Acquisition Corp. (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Capital Market (the “Nasdaq”) and trade under the ticker symbol “AKICU” beginning on January 6, 2021. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “AKIC” and “AKICW,” respectively. The offering is expected to close on January 8, 2021.Sports Ventures Acquisition Corp. is a blank...

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My Size, Inc. Prices $1.75 Million Underwritten Public Offering of Common Stock

Airport City, Israel, Jan. 05, 2021 (GLOBE NEWSWIRE) — My Size, Inc. (the “Company” or “My Size”) (NASDAQ: MYSZ) (TASE: MYSZ), a developer of smartphone-based measurement solutions, today announced the pricing of an underwritten public offering with gross proceeds to the Company expected to be approximately $1.75 million before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company.The proposed offering equates to 1,364,503 shares of the Company’s common stock at a price of $1.28 per share. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.The Company has also granted the underwriters a 45-day option to purchase up to an additional 15% of the number of shares of common stock offered in the...

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Grupo Aeroportuario del Pacifico Reports Passenger Traffic Decrease of 37.1% for the Month of December

GUADALAJARA, Mexico, Jan. 05, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced preliminary terminal passenger traffic figures for the month of December 2020, compared to traffic figures for December 2019.For December 2020, the total number of terminal passengers at GAP’s 14 airports decreased by 37.1%, compared to the same period of the previous year. Domestic passenger traffic decreased by 23.2%, while international passenger traffic decreased by 52.3%.Domestic Terminal Passengers – 14 airports (in thousands):International Terminal Passengers – 14 airports (in thousands):Total Terminal Passengers – 14 airports (in thousands):*Passengers in Tijuana who use CBX in both directions are classified as international.CBX Users (in thousands):Highlights for...

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