Financing Archives - Page 5 of 70

2 minute read

Nano-Cap Eledon Pharmaceuticals’ Investigational Drug Shows Safety In Early Organ Transplant Study, Analyst Boosts Forecast On Increased Confidence

May 7, 3:40 PM

Eledon Pharmaceuticals' results from islet cell transplant trial for type 1 diabetes, with tegoprubart showing safety and efficacy in kidney transplant patients. Analysts anticipate significant advancements, reflecting in raised price targets.

ELDN

2 minute read

Cannabis Co. C21 Investments Secures Funding For $3.5M Acquisition Of Nevada’s Deep Roots Harvest

By Jelena Martinovic

May 7, 12:01 PM

C21 Investments announced on Monday the closing of its non-brokered private placement offering of its convertible debenture units.Under the deal, the company issued a total of 4,000 convertible debenture units at CA$1,000 ($731.375) per convertible debenture unit for aggregate gross proceeds of CA$4 million.Each convertible debenture unit offered under the private placement is comprised of one convertible debenture of the company in the principal amount of CA$1,000 convertible into the company's common shares and 1,000 detachable common share purchase warrants, with each warrant exercisable into one common share at CA$0.55 per share for 30 months from the issue date of the convertible debenture units.

CSE:CXXI

1 minute read

NioCorp Receives Preliminary Indicative Term Sheet From U.S. Export-Import Bank On Potential $800M Debt Financing

By Benzinga Newsdesk

May 6, 5:17 PM

NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) announces that it has received a preliminary, non-binding indicative financing term sheet from the Export-Import Bank of the United States ("EXIM") as

2 minute read

Credit Check: What Does DEA Rescheduling Mean For Cannabis Credit Ratings? Big Companies’ Risk-Return Profiles

By Nicolas Jose Rodriguez

May 3, 11:57 AM

The recent decision by the DEA to reschedule cannabis to Schedule III has triggered notable volatility in the market valuations of multi-state operators (MSOs).

AAWH

2 minute read

Canopy Growth Announces Financing Deal Including Roughly $50M Of New Gross Proceeds

By Jelena Martinovic

May 3, 9:31 AM

Canopy Growth Corporation has entered into an exchange and subscription agreement with a single institutional investor under which the Smiths Falls, Ontario-based company is expected to receive gross proceeds of roughly $50 million and exchange approximately CA$27.5 million ($20 million) of existing debt maturing in September 2025 for a new senior unsecured convertible debenture of the company maturing five years following the day of issuance. Under the terms of the deal, the investor will acquire a convertible debenture in an aggregate principal amount equal to CA$96,358,375 on closing.

CGC

1 minute read

Kline Hill Invests In Complete Solaria With Debt-Equity Swap, And An Additional Cash Investment; Complete Solaria Will Issue 9.8M Shares Of Outstanding Stock To KHP In Return For Cancelling Its Debt; Kline Hill Also Agreed To Buy 3.7M Complete Solaria…

By Benzinga Newsdesk

May 2, 3:09 PM

Complete Solaria, Inc. ("Complete Solaria" or the "Company") (NASDAQ:CSLR) today announced that Kline Hill Partners (KHP), a Complete Solaria debt holder, has agreed to a debt-for-equity swap, and an additional cash

CSLR

2 minute read

TriSalus Life Sciences Secures Up To $50M Of Debt Financing With OrbiMed To Support TriNav Infusion System Growth Initiatives

By Benzinga Newsdesk

April 30, 5:37 PM

$25 million funded at close; up to $25 million of additional capital available at the Company's option, based on the achievement of certain revenue thresholdsCapital from the transaction is expected to support execution

TLSI

2 minute read

US Treasury To Borrow $243B More This Spring: Dollar Climbs, Stocks Trim Gains

By Piero Cingari

April 29, 5:00 PM

U.S. Treasury expects to borrow $243 billion in Q2 2023, $41 billion more than previous estimate. Market reactions include rise in yields and dollar.

SPY

2 minute read

Blend Labs Announces Strategic Partnership With Haveli Investments, Including $150M Investment In The Form Of Convertible Preferred Stock With A 0% Coupon; Will Use ~$145M Of The Proceeds To Repay All Amounts Payable Under Its Existing Credit Agreement…

By Benzinga Newsdesk

April 29, 4:29 PM

Brian Sheth, Haveli's Chief Investment Officer, to Join Blend's BoardBlend Labs, Inc. (NYSE:BLND), ("Blend" or the "Company"), a leading provider of cloud banking services,and Haveli Investments ("Haveli"), a

BLND

2 minute read

Boeing To Raise $10B Via Bond Sale Amid Credit Rating Downgrade – Will Investors Show Confidence?

By Vandana Singh

April 29, 2:10 PM

Boeing plans a $10 billion bond sale amid financial challenges. Moody's downgrade reflects strain, but CFO emphasizes commitment to stability. Long-term bonds yield 2.25% higher than Treasuries.