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Day: December 4, 2024

Revolution Medicines Announces Pricing of Upsized $750.0 Million Public Offering of Common Stock and Pre-Funded Warrants

REDWOOD CITY, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) — Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company developing targeted therapies for patients with RAS-addicted cancers, today announced the pricing of 14,130,436 shares of its common stock at a public offering price of $46.00 per share, before underwriting discounts and commissions, and, in lieu of shares of common stock, to certain investors, pre-funded warrants to purchase 2,173,917 shares of common stock at a public offering price of $45.9999, which represents the per share public offering price for the common stock less the $0.0001 per share exercise price for each pre-funded warrant. All of the shares and pre-funded warrants in the offering are to be sold by Revolution Medicines. In addition, Revolution Medicines has granted the underwriters...

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Senti Biosciences Announces New Employment Inducement Grants

SOUTH SAN FRANCISCO, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) — Senti Biosciences, Inc. (Nasdaq: SNTI) (“Senti Bio”), a clinical-stage biotechnology company developing next-generation cell and gene therapies using its proprietary Gene Circuit platform, today announced that on November 26, 2024, the Compensation Committee of Senti Bio’s Board of Directors granted to three new employees stock options to purchase an aggregate of 49,778 shares of the Company’s common stock with a per share exercise price of $2.11. These awards were made under the Company’s 2022 Inducement Equity Plan (the “Plan”). The above-described awards were each granted as an inducement material to the employees entering into employment with the Company in accordance with NASDAQ Listing Rule 5635(c)(4), and were granted pursuant to the terms of the Plan. The Plan...

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Advanced Ceramics Market to Surpass Valuation of USD 17.99 Billion by 2031 | SkyQuest Technology

The growing automotive industry is driving demand for advanced ceramics, as cars shift to more efficient, durable, and sustainable technologies requiring heat-resistant materials. Westford, USA, Dec. 03, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global advanced ceramics market size will reach a value of USD 17.99 Billion by 2031, with a CAGR of 6.1% during the forecast period (2024-2031). Growth in the telecom and medical industries, as well as rising demand for sophisticated ceramics across a range of industries, are anticipated to propel market expansion. Technical ceramics, another name for advanced ceramics, have better electrical, thermal, optical, and magnetic conductivity. By employing modern ceramics that offer great efficiency to final goods, end users can lower their production and energy expenses.  In terms...

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Doman Building Materials Group Ltd. Announces Offering and Pricing of Reopening of $100 Million Senior Notes Due 2029

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) — Doman Building Materials Group Ltd. (“Doman” or “the Company”) (TSX:DBM) announced today that it has entered into an underwriting agreement with a syndicate of underwriters consisting of Stifel and CIBC Capital Markets as joint active bookrunning managers, and National Bank Financial Markets, RBC Capital Markets and TD Securities as joint bookrunners, to sell an additional $100 million aggregate principal amount of its 7.50% Senior Unsecured Notes due 2029 (the “2029 Notes”). The 2029 Notes will be senior unsecured obligations of Doman maturing September 17, 2029, and ranking equally with all other present and future senior unsecured indebtedness of the Company. The notes will be issued...

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Agricultural Biologicals Market to Drive Growth at USD 21.16 Billion by 2031 |SkyQuest Technology

Agricultural Biologicals Market size was valued at USD 11.28 Billion in 2023 to USD 21.16 Billion by 2031, growing at a CAGR of 9.4% in the forecast period (2024-2031). Westford, USA, Dec. 03, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global agricultural biologicals market will attain a value of USD 21.16 Billion by 2031, with a CAGR of 9.4% during the forecast period (2024-2031). One of the prominent factors projected to drive the agricultural biologicals market growth is burgeoning demand for food products, cultivated without the usage of chemicals. Agricultural biologicals or simply biologics, are a natural source of input for crop protection and production. These products are highly essential as it protects the plants from various pests, and these become very crucial in modern agriculture. Some of these solutions have...

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Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at November 30, 2024

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of November 30, 2024. As of November 30, 2024, the Company’s net assets were $2.5 billion, and its net asset value per share was $15.03. As of November 30, 2024, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 664% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 503%. STATEMENT OF ASSETS AND LIABILITIESNOVEMBER 30, 2024//(UNAUDITED)    (in millions)Investments   $ 3,533.0  Cash...

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Aja Health and Wellness Inc. Announces Management Transition

Not for dissemination in the United States of America VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) — Aja Health and Wellness Inc. (Formerly Premier Diversified Holdings Inc.) (PDH:TSXV)(“Aja” or the “Company”) (TSXV:AJA) announces it has accepted the resignation of Eric Tsung as a director as well as the resignation of Alnesh Mohan as Chief Financial Officer of the Company effective November 29, 2024. “Eric Tsung has been a valued member of the Board of Directors since 2017 and we thank him for these years of service as well as extend our best wishes with respect to his future endeavours. Alnesh Mohan has also been a long time member of the team and has proven himself time and time again with respect to tight oversight of the balance sheet of the Company and we thank him for his many...

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American Hotel Income Properties REIT LP Announces Extension of Its Revolving Credit Facility and Term Loans and Update on Property Dispositions

VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) — American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB. V), today announced the extension of the maturity date for its revolving credit facility (the “RCF”) and certain term loans to June 2025 in accordance with the terms of the agreement governing such credit facilities (the “Sixth Amendment”) and provided an update on previously announced property dispositions. All amounts presented in this news release are in United States dollars (“U.S. dollars”) unless otherwise indicated. AHIP has satisfied the conditions in the Sixth Amendment for the extension of the maturity date for the RCF and term loans, which primary conditions include: (i) reduction of the aggregate maximum facility size to $148.2 million from and after December 3, 2024;...

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