Securities law
Petron Corporation has issued an update regarding its outstanding securities and debt obligations as of June 30, 2025. According to the report filed with the Securities and Exchange Commission (SEC), Petron Corporation has multiple classes of outstanding common and preferred shares, as well as various debt obligations, including bonds due
Stock offerings
Live Oak Bancshares, Inc., the parent company of Live Oak Bank, has successfully closed its previously announced underwritten offering of depositary shares representing its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock. The company received approximately $96.15 million in proceeds from the public offering, net of estimated
Stock offerings
Mainz Biomed, a molecular genetics diagnostic company, has announced the pricing of a follow-on offering of 2,222,222 units, with each unit consisting of one ordinary share or a pre-funded warrant and one Series A warrant to purchase one and a half ordinary shares. The offering is expected to
Stock offerings
I-Mab Biopharma, a US-based global biotech company focused on developing precision immuno-oncology agents for cancer treatment, has announced the pricing of an underwritten offering in the United States, raising approximately $65 million. The offering involved the sale of 33.33 million American Depositary Shares (ADSs) at $1.95 per ADS,
Stock offerings
Wilmington-based Live Oak Bancshares, Inc. announced the successful closing of a $96.15 million underwritten offering of 4 million depositary shares, each representing a 1/40th interest in a share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock. The proceeds from the public offering will be
Securities law
Regional Health Properties, Inc. (RHEP), a Georgia-based healthcare real estate company, has filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC) on July 31, 2025, disclosing its entry into a binding asset purchase agreement with Coosa Valley SNF Realty LLC for the sale of Coosa Valley
Stock offerings
I-Mab, a global biotech company, has priced an underwritten offering of 33,333,334 American Depositary Shares (ADSs) representing 76,666,668 ordinary shares at an offering price of $1.95 per ADS, raising approximately $65 million in gross proceeds. The offering is expected to close on August 5, 2025,
Stock offerings
Incannex Healthcare Inc., a leading developer of combination medicines for chronic conditions, announced that it does not intend to utilize the full capacity available under its at-the-market offering program (ATM) in the near-term. The Company had utilized the ATM on July 30, 2025, selling approximately 9.2 million shares of
Securities law
The Securities and Exchange Commission (SEC) has abandoned its defense of climate-related disclosure rules, effective March 27, 2025, after a federal lawsuit was consolidated before the US Court of Appeals for the Eighth Circuit. The litigation challenged the validity of the rules, which were initially implemented on March 6, 2024.
Securities law
Bit Digital, Inc.'s subsidiary WhiteFiber, Inc. filed an amendment to its registration statement on Form S-1 with the Securities and Exchange Commission on July 29, 2025, disclosing preliminary estimated revenue and cost of revenue for the three months ended June 30, 2025. WhiteFiber expects unaudited revenue to be
Securities law
The transition to a new U.S. administration has led to a marked shift in regulatory tone for the U.S. Securities and Exchange Commission (SEC), with Chairman Paul Atkins signaling a relaxation of regulation on crypto-currency and a pullback from climate change and ESG-related regulations. The agency has reduced
Stock offerings
Duos Technologies Group, a provider of adaptive Edge Data Center solutions, has successfully priced its upsized underwritten public offering, securing $40 million in expected cash on hand to fulfill its $50 million revenue pipeline and advance the deployment of 65 Edge Data Centers. The offering included primary participation from fundamental
