- Terran Orbital Corporation (NYSE:LLAP) said it has entered into a definitive securities purchase agreement for the purchase and sale of 29 million shares and warrants to buy 29 million shares at a combined purchase price of $1.28 per share.
- The warrants will have an exercise price of $1.43 per share, will be exercisable commencing six months following issuance, and will have a term of exercise equal to five years following the initial exercise date.
- The gross proceeds to the company from the offering are expected to be approximately $37.1 million.
- Terran Orbital intends to use the net proceeds for general corporate purposes, including capital expenditures, working capital, research and development.
- The closing of the offering is expected to occur on or about May 30, 2023.
- Price Action: LLAP shares are trading lower by 7.71% at $1.32 on the last check Thursday.
BETS Announces Delivery Of The All Equipment At The Second Mining Farm; As Of Now, The Co Has Received An Initial Batch Of ~1,400 Miners, Mining Containers, Transformers, Sound Barriers And Other Equipment Required For The Operation
Bit Brother Limited (the "Company," "we", or "Bit Brother") (NASDAQ: BETS) is pleased to announce that all equipment for the operation of our second cryptocurrency mining farm have been delivered. Due to the
