Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.
Read More
3 minute read

Utz Brands Announces Continued Acceleration Of Supply Chain Transformation Strategy And Completes $630M Term Loan Repricing; Utz And Our Home Will Operate Under A Transition Services Agreement For Up To 12 Months, Total Consideration For The Transactio…

By Benzinga Newsdesk
April 18, 9:14 AM
Disposition of two manufacturing facilities to Our Home™Total cash proceeds received of $18.5 millionNet cash proceeds to be deployed to reduce long-term debt and add cash to balance sheetOur Home™ to offer

UTZ

Read More
1 minute read

Why Children’s Place Shares Are Skyrocketing Today

By Shivani Kumaresan
April 17, 10:50 AM
Children's Place Inc. experiences a significant uptick in shares following the announcement of a new financing agreement with majority shareholder Mithaq Capital SPC. The $90 million unsecured and subordinated term loan, expected to be funded by April 19, 2024, promises enhanced liquidity and favorable terms compared to previous arrangements.

PLCE

Read More
3 minute read

Marijuana Investors Bet Big On Long-Term Growth Over Short-Term Earnings As Market Value Rises By 39%

By Nicolas Jose Rodriguez
April 15, 7:53 PM
Recent data from the Viridian Cannabis Deal Tracker highlights significant changes in the valuation multiples of major multi-state operators (MSOs) in the cannabis sector. The Viridian Cannabis Deal Tracker has become an indispensable tool for companies, investors and acquirers in the cannabis industry.

AAWH

Read More
2 minute read

Small-Cap Firm Century Therapeutics’ Expands into Autoimmune Diseases, Analyst Says Clade Therapeutics Acquisition Intriguing

By Vandana Singh
April 11, 4:24 PM
Century Therapeutics unveils plans to expand CNTY-101 clinical development into additional autoimmune diseases, including systemic lupus erythematosus. $60 million private placement supports R&D activities. Acquisition of Clade Therapeutics enhances pipeline with iPSC-focused programs.

IPSC

Read More
3 minute read

This Latin American Cannabis Co. Plans To Expand In Thailand Amid Significant Shifts In Weed Regulation Landscape

By Jelena Martinovic
April 10, 10:49 AM
PharmaCielo revealed its plans to acquire cannabis operations in Thailand.On Wednesday, the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., said it has signed a binding letter of intent to enter a proposed transaction to acquire 100% of the issued and outstanding shares of Siam Ventures Corporation in exchange for common shares of PharmaCielo equaling to CA$3 million ($2.2 million).PharmaCielo also revealed it's undertaking a non-brokered private placement of 9,090,909 units at CA$0.2 per unit. Under the deal, the sum will be payable on closing by way of the issuance of 13,636,363 PharmaCielo Shares to the Siam Ventures' shareholders on a pro-rata basis.

PCLOF

Read More
2 minute read

Cannabis REIT Chicago Atlantic Closes $20M Facility With Massachusetts Weed Co. That Plans To Expand In These Key Markets

By Jelena Martinovic
April 9, 1:17 PM
Massachusetts-based integrated cannabis operator Nova Farms has received a $20 million loan facility from Chicago Atlantic Real Estate Finance. Nova Farms manages a Massachusetts cultivation farm, seven retail brands, and five full-service dispensaries across the Bay State, Maine, and New Jersey. It was among the first businesses to secure licenses in Massachusetts upon the state's legalization of recreational cannabis back in 2016. Chicago Atlantic's capital investment is expected to back Nova Farms' efforts to expand its footprint of dispensaries in key states, namely New Jersey and Connecticut.

REFI