Financing Archives - Page 3 of 70

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Soluna Secures $30M From Spring Lane Capital To Fuel Project Dorothy 2; New Construction To Begin In Q2 2024, Expands Bitcoin Mining Capacity

May 21, 8:13 AM

New Construction to Begin in Q2 2024, Expands Bitcoin Mining CapacitySoluna Holdings, Inc. ("Soluna" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including

SLNH

2 minute read

Peloton Stock Plunges On Global Refinancing Initiative: The Details

By Adam Eckert

May 20, 4:39 PM

Peloton said it intends to offer $275 million worth of convertible senior notes due 2029 in a private offering to institutional investors. The company said it will grant the initial purchasers of the notes a 13-day option to purchase up to an additional $41.3 million aggregate principal amount of the notes.

PTON

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Nvidia-Backed AI Firm CoreWeave Secures $7.5B In Debt Financing: Report

By Shivani Kumaresan

May 17, 11:39 AM

CoreWeave, an AI cloud-computing startup supported by Nvidia, has secured $7.5 billion in debt financing from Blackstone, Carlyle Group, and BlackRock. This funding follows a $1.1 billion equity round, valuing CoreWeave at $19 billion. The funds will expand their data centers and purchase AI chips.

AMZN

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Figma Sets $12.5B Valuation in New Equity Offering, Falling Short of Adobe’s Acquisition Offer

By Anusuya Lahiri

May 17, 8:44 AM

Figma announces tender offer for investors to sell shares at $12.5B valuation, marking 25% increase from 2021. Deal falls short of Adobe's $20B offer.

ADBE

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Warren Buffett’s Berkshire Buys Up Chubb As Insurance Market Faces ‘Trouble’: A Bold Contrarian Bet?

By Surbhi Jain

May 16, 8:33 AM

Warren Buffett's Berkshire Hathaway bought 26 million shares of Chubb, causing the stock to soar 8.21%. This move reflects his contrarian approach and confidence in the company's long-term prospects amidst challenges in the insurance industry.

BRK

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Gray Television Commences Proposed $1.6B Refinancing Process And Announces Further Increase To Its Revolving Credit Facility From $552.5M To $680M

By Benzinga Newsdesk

May 15, 4:53 PM

Gray Television, Inc. ("Gray," the "Company," "we," or "our") (NYSE:GTN) announced today the commencement of a refinancing process for its existing $1.15 billion term loan due 2026 and up to $450 million of its

GTN

2 minute read

Mullen Automotive Stock Is Racing Higher Tuesday: What’s Going On?

By Adam Eckert

May 14, 10:59 AM

Mullen on Tuesday announced that it received commitments for $100 million in financing from a family office. Additionally, the company said it sold up to $50 million of senior secured convertible notes to family offices and high net worth investors. The company sold such investors $12.5 million in notes on May 14.

MULN

1 minute read

Mullen Has Received A $100M Financing Commitment From A Family Office; Sold Up To $50M Of Senior Secured Convertible Notes To Family Offices For A Total Of $150M To Allow Mullen And Bollinger To Operate And Expand Domestic And International Commercial…

By Benzinga Newsdesk

May 14, 9:17 AM

$150 million capital infusion allows Mullen and Bollinger to operate and expand domestic and international commercial sales effortsThese commitments satisfy the Company's capital needs over the next 13 monthsBREA,

MULN

1 minute read

Apellis Pharmaceuticals Refinances Existing Debt With Up To $475M Non-Dilutive Credit Facility

By Benzinga Newsdesk

May 14, 8:30 AM

Apellis received $375 million in funding at close, with ability to access an additional $100 millionMajority of initial proceeds used to buy out existing SFJ Pharmaceuticals development liabilitySignificantly improves

APLS