Day: March 8, 2023

PORTLAND, Tenn., March 07, 2023 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) today announced the pricing of the previously announced underwritten public offering of an aggregate of 24,501,650 shares of the Company’s Class A common stock by certain selling stockholders affiliated with Dean Solon (collectively, the “Selling Stockholders”), at a price to the public of $24.70 per share. The Company will not receive any of the proceeds from the sale of Class A common stock offered by the Selling Stockholders. The Selling Stockholders also granted the underwriter a 30-day option to purchase up to an additional 3,675,247 shares of Class A common stock. The Company’s Class A common stock is listed on the Nasdaq Global Market under the symbol “SHLS.” The offering is expected to close on March 10, 2023,...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of private placement in each of the provinces of Canada, of CAD$350 million aggregate principal amount of senior unsecured notes due 2031. The notes will bear interest at an annual rate of 4.95% and will mature on January 31, 2031. The offering is expected to close on March 10, 2023, subject to customary closing conditions. Magna intends to use the net proceeds from this offering to finance a portion of the cost of its proposed acquisition of the Veoneer Active Safety business (the “Veoneer Acquisition”) and to pay related fees and expenses, and for general...

EDEN PRAIRIE, Minn., March 07, 2023 (GLOBE NEWSWIRE) — Miromatrix Medical Inc. (“Miromatrix”) (Nasdaq: MIRO), a life sciences company pioneering a novel technology for bioengineering fully transplantable organs to help save and improve patients’ lives, today announced the pricing of an underwritten public offering of 6,250,000 shares of its common stock at a price to the public of $1.60 per share, before underwriting discounts and commissions. The gross proceeds to Miromatrix from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Miromatrix are expected to be $10.0 million. The offering is expected to close on March 10, 2023, subject to customary closing conditions. Additionally, Miromatrix has granted the underwriters a 30-day option to purchase up to an additional 937,500...

If Approved, Remestemcel-L will be the First Allogeneic “Off-the-Shelf” Cellular Medicine in the US, and the First Therapy for Children Under 12 Years Old with SR-aGVHD. NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced that the United States Food and Drug Administration’s (FDA) Office of Therapeutic Products (OTP) has accepted the Company’s Biologics License Application (BLA) resubmission for remestemcel-L in the treatment of children with steroid-refractory acute graft versus host disease (SR-aGVHD). FDA considers the resubmission to be a complete response and has set a Prescription Drug User Fee Act (PDUFA) goal date of August 2, 2023. “Over the last two years we have worked tirelessly to address the...

Red Rock Village features a stunning lineup of single-family homes priced from the low-$300sThe Snowflake plan by LGI Homes LGI Homes at Red Rock Village offers new, move-in ready homes and world-class amenities in Red Rock, Arizona. Pricing starts from the $300s.TUCSON, Ariz., March 07, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of Red Rock Village, its newest community in the Tucson market. Located in Red Rock, Arizona, just 15 minutes north of Marana, this incredible community offers new-construction, single-family homes in a vibrant, amenity-filled community. LGI Homes offers a variety of open-concept floor plan options at Red Rock Village, with new homes ranging from efficient 3-bedroom plans with large living areas, to grand 5-bedroom homes with designer kitchens and upstairs...