Day: June 13, 2024

Fully underwritten Retail Entitlement Offer to raise a further approximately A$55.9m (US$36.9m1) will open on 19 June 2024 and close at 5:00 pm (Melbourne time) on 10 July 2024 MELBOURNE, Australia and PRINCETON, N.J., June 13, 2024 (GLOBE NEWSWIRE) — Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced the successful completion of the institutional component of the capital raising announced on Wednesday, 12 June 2024. The non-underwritten institutional placement (Placement) and the institutional component (Institutional Entitlement Offer) of the partially underwritten 1 for 1.22 pro-rata accelerated non-renounceable entitlement...

GREENWICH, Conn., June 13, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by QXO, Inc. (Nasdaq: QXO), please note that in the third paragraph of the release, the number of outstanding shares of preferred stock referenced should be 1 million, not 219.0 million as previously stated. The corrected release follows. QXO, Inc. (Nasdaq: QXO) (the “Company” or “QXO”), a company expected to be a tech-forward leader in the building products distribution industry, today announced that it has entered into purchase agreements with certain institutional and accredited investors for a $3.5 billion private placement financing (the “Private Placement”). In the Private Placement, the Company is selling an aggregate of 340,932,212 shares of its common stock at a price of $9.14 per share, and an aggregate of 42,000,000...

GREENWICH, Conn., June 13, 2024 (GLOBE NEWSWIRE) — QXO, Inc. (Nasdaq: QXO) (the “Company” or “QXO”), a company expected to be a tech-forward leader in the building products distribution industry, today announced that it has entered into purchase agreements with certain institutional and accredited investors for a $3.5 billion private placement financing (the “Private Placement”). In the Private Placement, the Company is selling an aggregate of 340,932,212 shares of its common stock at a price of $9.14 per share, and an aggregate of 42,000,000 pre-funded warrants at a price of $9.13999 per warrant. QXO has obtained written consent from its  shareholders approving the Private Placement, which is expected to close early in the third quarter of 2024. Following the closing of the Private Placement, QXO will have approximately 341.6...

SOUTH SAN FRANCISCO, Calif., June 13, 2024 (GLOBE NEWSWIRE) — Vaxart, Inc. (“Vaxart”) (Nasdaq: VXRT) today announced an underwritten offering of 50,000,000 shares of its common stock at an offering price of $0.80 per share, which is a premium to the last closing price of $0.75 per share. Gross proceeds to Vaxart from the offering are expected to be $40 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Vaxart. The offering is expected to close on or about June 17, 2024, subject to customary closing conditions. Oppenheimer & Co. is acting as sole bookrunner for the offering. The securities were offered by Vaxart pursuant to an effective shelf registration statement previously filed by Vaxart with the Securities and Exchange Commission (SEC). A prospectus supplement and...

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (Nasdaq: VIRT) (“Virtu”) announced today that its subsidiaries, VFH Parent LLC (the “Issuer”) and Valor Co-Issuer, Inc. (collectively with the Issuer, the “Issuers”), priced their previously announced private offering of $500 million aggregate principal amount of their 7.50% senior first lien notes due 2031 (the “notes”) on June 11, 2024. In addition, on June 13, 2024, the Issuer allocated its new senior secured first lien credit facilities consisting of (i) a $1,245 million senior secured first lien term loan facility due 2031 and (ii) a $300 million senior secured first lien revolving credit facility available through 2027 (collectively, the “amended credit facilities”). The notes will bear interest at a rate equal to 7.50% per annum. The new term loans will bear...

THIS PRESS RELEASE CONTAINS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE EUROPEAN MARKET ABUSE REGULATION (596/2014) Shareholders approve all proposed resolutions EINDHOVEN, the Netherlands, June 13, 2024 (GLOBE NEWSWIRE) — ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today announces all proposed resolutions at its Annual General Meeting of Shareholders (AGM) were duly passed. The meeting was held this afternoon in Amsterdam, the Netherlands at 4.00 p.m. CEST. Full details of the resolutions approved during the AGM can be found on IR.ONWD.com. To learn more about ONWARD Medical’s commitment to partnering with the SCI Community to develop innovative...

GRAPEVINE, Texas, June 13, 2024 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) announced that its virtual annual meeting of stockholders, scheduled for June 13, 2024 at 10:00 a.m. CDT, was convened and adjourned, without any business being conducted, due to technical difficulties with the third-party hosting site. The meeting will be reconvened at 11:30 a.m. CDT on June 17, 2024, at meetnow.global/MT244SG. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS – SAFE HARBORThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon management’s current beliefs, views, estimates and expectations and are subject to risks described in in the Company’s periodic filings made from time to time with...

LONGMONT, Colo., June 13, 2024 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV) (“Enservco”, or the “Company”), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today provided a further update on its plan to regain compliance with NYSE American listing standards, including the status of its previously announced planned resolution of its equity deficit (the “Updated Plan”). The Company’s management believes that timely completion of the Updated Plan will satisfy the stockholders’ equity requirement and allow Enservco to retain its listing on the NYSE American exchange. KEY HIGHLIGHTS & STATUS OF UPDATED PLAN The Updated Plan incorporates a strategic shift from substantial reliance upon seasonal frac water heating to...

VANCOUVER, British Columbia, June 13, 2024 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2024 second quarter financial results after market close on June 26, 2024. A conference call and video webcast to discuss these results will take place June 27, 2024, at 8:00 am PT (11:00 am ET). During the webcast, NOVAGOLD’s President and Chief Executive Officer, Greg Lang; and Vice President and Chief Financial Officer, David Ottewell, will provide a summary of the company’s second quarter financial results and an update on the Donlin Gold project. Questions may be submitted prior to the call at info@novagold.com. There will also be an opportunity to ask questions during the webcast following the presentation.  The video webcast and conference call-in details are provided below.     Video Webcast:   www.novagold.com/investors/events/ North...

Agreement Should Reduce Long-term Operating Costs, Increase LPGs to Premium Global Markets, and Drive Shareholder Value for Both Companies All figures contained in the press release are in Canadian dollars unless otherwise stated. CALGARY, Alberta, June 13, 2024 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) and AltaGas Ltd. (“AltaGas”) (TSX: ALA) are pleased to announce an expanded partnership focused on reducing long-term operating costs and connecting more liquified petroleum gas (“LPG”) into premium global markets. As part of the increased partnership, Birchcliff and AltaGas have entered into a long-term contract operating agreement (“COA”) whereby Birchcliff will take over operatorship of AltaGas’ Gordondale deep-cut gas processing facility (the “Gordondale Facility”). This will allow Birchcliff to leverage...