Month: February 2021

NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) — Apollo Strategic Growth Capital II (the “Company”) today announced the pricing of its upsized initial public offering of 60,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) under the symbol “APGB.U” commencing on February 10, 2021. Each unit consists of one Class A ordinary share of the Company and one-fifth of one warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Company expects the Class A ordinary shares and warrants will be listed on the NYSE under the symbols “APGB” and “APGB WS,” respectively.The Company is sponsored by APSG Sponsor II, L.P., an affiliate of Apollo Global Management,...

VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) today announced that it has established an at-the-market equity program (the “ATM Program”) that allows the Company to issue up to C$15,000,000 of common shares in the capital of the Company (the “Common Shares”) from treasury to the public from time to time, at the Company’s discretion. Any Common Shares sold through the ATM Program will be sold through the Toronto Stock Exchange (the “TSX”) or any other marketplace on which the Common Shares are listed, quoted or otherwise traded, at the prevailing market price at the time of sale.Distributions of the Common Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated February 9, 2021 between the Company and Echelon...

PHILADELPHIA, PA, Feb. 09, 2021 (GLOBE NEWSWIRE) — Vallon Pharmaceuticals, Inc. (the “Company”), a clinical-stage biopharmaceutical company primarily focused on the development of novel drugs that are designed to deter abuse in the treatment of CNS disorders, today announced the pricing of its initial public offering of 2,250,000 shares of its common stock at a public offering price of $8.00 per share, for gross proceeds of $18.0 million, before deducting underwriting discounts, commissions and offering expenses. In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 337,500 shares of common stock at the initial public offering price, less the underwriting discount, to cover over-allotments.The shares are expected to begin trading on The Nasdaq Capital Market on February 10, 2021 under...

NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) — Seven Oaks Acquisition Corp. (the “Company”) announced today that holders of the units sold in the Company’s initial public offering of 25,875,000 units completed on December 22, 2020 (the “offering”) may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on February 10, 2021. Any units not separated will continue to trade on The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “SVOKU”, and each of the shares of Class A common stock and warrants will separately trade on Nasdaq under the symbols “SVOK” and “SVOKW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company,...

VANCOUVER, British Columbia and TORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) — American Lithium Corp. (TSXV:LI | OTCQB:LIACF | Frankfurt:5LA1) (“American Lithium”) and Plateau Energy Metals Inc. (TSXV:PLU | OCTQB:PLUUF) (“Plateau”) are pleased to announce that they have entered into a definitive arrangement agreement (the “Agreement”) to consolidate two significant and strategic undeveloped lithium assets in the Americas at a time of rapidly growing lithium demand in the context of increasing focus on electric vehicles, energy storage and renewable energy generation. It is expected that Plateau shareholders will hold approximately 21% of American Lithium’s shares on an outstanding undiluted basis upon completion of the Transaction (as defined below).Transaction HighlightsBenefits to American Lithium ShareholdersEstablishes American Lithium’s...

LONDON, Feb. 09, 2021 (GLOBE NEWSWIRE) — Autolus Therapeutics plc (Nasdaq: AUTL), a clinical-stage biopharmaceutical company developing next-generation programmed T cell therapies, today announced the pricing of an underwritten public offering in the United States of 14,285,715 American Depositary Shares (“ADSs”) representing 14,285,715 ordinary shares at a public offering price of $7.00 per ADS, for total gross proceeds of approximately $100.0 million. All ADSs sold in the offering were offered by Autolus. In addition, Autolus has granted the underwriters a 30-day option to purchase up to an additional 2,142,857 ADSs at the public offering price, less underwriting discounts and commissions. The offering is expected to close on February 12, 2021, subject to customary closing conditions.J.P. Morgan and Wells Fargo Securities are...

Alpharetta, Feb. 09, 2021 (GLOBE NEWSWIRE) — On 27 January 2021, the board of directors of AMS Holdco 2 Limited (“SWM Bidco”), an indirectly wholly-owned subsidiary of Schweitzer-Mauduit International, Inc. (“SWM”), and the board of directors of Scapa Group plc (“Scapa”), announced (the “Announcement”) their agreement on the terms of a recommended cash offer by SWM Bidco for the acquisition of the entire issued and to be issued ordinary share capital of Scapa (the “Offer”). Capitalised terms used and not defined herein have the meaning given to them in the Announcement.SWM has entered into an amendment to its existing Credit Agreement to, among other things, add a new $350 million Term Loan B facility with a seven-year maturity (the “Term Loan B”). SWM commenced the syndication of the Term Loan B facility on 9 February 2021, which...

FREMONT, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) — AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, will announce its financial results for the fourth quarter 2020 and fiscal year 2020 in a press release immediately following the close of market on February 18, 2021.The company will also host a conference call to discuss these results on February 18, 2021 at 1:30 p.m. PT. The conference call can be accessed at (844) 892-6598 (passcode 5773028). The call will also be simulcast at www.axt.com. Replays will be available at (855) 859-2056 (passcode 5773028) until February 24, 2021. Financial and statistical information to be discussed in the call will be available on the company’s website immediately prior to commencement of the call. Additional investor information can be accessed at http://www.axt.com...

Brian Bird to become company’s president and chief operating officer;Bob Rowe to remain chief executive officer; Crystal Lail to become chief financial officer;Jeanne Vold to become vice president – technology.Dana Dykhouse to become Board Chair following retirement ofStephen Adik and Julia Johnson after the 2021 annual meeting of shareholders.BUTTE, Mont. and SIOUX FALLS, S.D., Feb. 09, 2021 (GLOBE NEWSWIRE) — Bob Rowe, president and chief executive officer of NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) today announced a number of key executive and board changes. “Today’s announcement is part of deliberate succession planning that reflects a strong company, building on its successes with its eyes toward the future,” said Rowe. The executive leadership changes will be effective February 15, 2021, and the board...

IRVINE, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) — Viant Technology Inc. (NASDAQ:DSP) today announced the pricing of its upsized initial public offering of 10,000,000 shares of Class A common stock at a price to the public of $25.00 per share.Viant Technology is offering 10,000,000 shares of Class A common stock in the offering. Existing stockholders of Viant Technology have granted the underwriters a 30-day option to purchase up to 1,500,000 shares of Class A common stock at the initial public offering price, less underwriting discounts. The Company will not receive any proceeds from the sale of the shares by the selling stockholders.The shares are expected to begin trading on the Nasdaq Global Select Market on Wednesday, February 10, 2021 under the ticker symbol “DSP.” The offering is expected to close on February 12, 2021, subject...