After-Hours Stock Movers 09/14: (AFG) (SOFI) Higher; (SONM) (AVTX) (HUT) Lower (more...)
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Hut 8 Mining Corp (HUT) Prices 17.55M Share Offering at $8.55/sh
September 15, 2021 7:58 AM EDTHut 8 Mining Corp. (Nasdaq: HUT) today announced the pricing of its previously announced underwritten public offering in the United States and Canada (the "Offering").
The Company has agreed to sell to the underwriters (the "Underwriters") 17,550,000 common shares (the "Common Shares") at a price of US$8.55 per share resulting in total gross proceeds to the Company of US$150,052,500.
The Offering is expected to close on September 17, 2021 subject to customary closing conditions, including approvals of the NASDAQ Stock Exchange and the Toronto Stock Exchange.
In addition, the Company has granted the... More
Live Nation Entertainment (LYV) PT Raised to $108 at Guggenheim
September 15, 2021 6:30 AM EDTGuggenheim analyst Curry Baker raised the price target on Live Nation Entertainment (NYSE: LYV) to $108.00 (from $105.00) while maintaining a Buy rating.
The analyst commented, "Earlier this week, Live Nation announced (link) a new agreement to buy a 51% controlling interest in OCESA (a leading promoter in Latin America and owner of... More
Advance Technologies Inc (AVTX) Prices 12.5M Share Offering at $2.2/sh
September 15, 2021 6:17 AM EDTAvalo Therapeutics, Inc. (Nasdaq: AVTX), a leading clinical-stage precision medicine company that discovers, develops, and commercializes targeted therapeutics for patients with significant unmet clinical need in immunology, immuno-oncology, and rare genetic diseases, announced today that it has entered into an underwriting agreement with Jefferies LLC and RBC Capital Markets, LLC under which the underwriters agreed to purchase, on a firm commitment basis, 12,500,000 shares of common stock of the Company, at a public offering price of $2.20 per share (the Public Offering Price). The offering is expected to close on or about September 17, 2021, subject to customary closing... More
Live Nation Entertainment (LYV) Prices 5.24M Share IPO at $86.9/sh
September 15, 2021 6:16 AM EDTLive Nation Entertainment, Inc. (NYSE: LYV) ("we" or the "company") today announced the pricing of its previously announced offering of 5,239,259 shares of common stock, at a public offering price of $86.90 per share. The issuance and sale of the common stock are scheduled to settle on September 17, 2021, subject to customary closing conditions.
The company estimates that the net proceeds from the offering will be approximately $449.6 million, after deducting the underwriting discounts and commissions and estimated offering expenses. The company intends to use the net proceeds... More
