Ares Capital (ARCC) Prices 10M Share Offering
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After-Hours Stock Movers 01/12: (ADGI) (PBYI) (KBH) Higher; (ESTC) (HCI) (ARCC) Lower (more...)
January 12, 2022 5:51 PM ESTAfter-Hours Stock Movers:
Adagio Therapeutics (NASDAQ: ADGI) 22.6% HIGHER; summarized recent findings reported in three separate publications that show ADG20, its lead monoclonal antibody (mAb), has neutralization activity against the Omicron (B.1.1.529) variant of SARS-CoV-2, and outlined initiatives to address... More
Ares Capital (ARCC) Announces 10M Share Offering
January 12, 2022 4:09 PM ESTAres Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 10,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,500,000 shares of common stock. The offering of the shares will be made under Ares Capitals shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing.
Morgan Stanley & Co. LLC, BofA Securities, UBS Investment Bank, RBC Capital Markets, LLC and Wells Fargo Securities are acting as joint lead book-running... More
