Topic
capital raising
8 stories related to this topic, newest first.
finance38 days ago
Strategy Uses Preferred Stock to Fund $2.54 Billion Bitcoin Purchase
Strategy bought $2.54 billion worth of bitcoin between April 13 and April 19, increasing its holdings to 815,061 BTC. The purchases were financed primarily through issuance of perpetual preferred stock traded under the symbol STRC. The company has raised billions through the pref…
FO
americanbanker.comworld45 days ago
Compass Shareholders Raise $650 Million in Brazil IPO
Compass shareholders raised $650 million in an initial public offering in Brazil. The transaction marks the first IPO in the country in almost five years. The company did not disclose further details of the offering.
thehindubusinessline.comfinance55 days ago
Chinese Optical-Computing Provider Lightelligence Raises $323 Million in Hong Kong IPO
Lightelligence, a Chinese optical-computing provider, has raised $323 million through an initial public offering. The company is scheduled to begin trading on the Hong Kong stock exchange on Tuesday. This marks a significant funding event for the firm in the optical-computing sec…
techjuice.pkfinance55 days ago
Public Offering Announced with Underwriter Option for Additional Shares
A public offering of shares has been announced, allowing underwriters the option to purchase additional shares beyond the initial amount. This structure provides flexibility in share distribution and aims to raise capital through public markets. The details are based on reported…
Bloombergworld55 days ago
Shell to Acquire ARC Resources; CATL Plans $5 Billion Hong Kong Offering Amid Health-Care Merger Activity
A surge in mergers and acquisitions hit the health-care sector today. Shell agreed to take over ARC, while CATL announced plans to seek about $5 billion in a Hong Kong offering. These developments were reported by @business.
Substrate placeholder — needs reviewworld72 days ago
Banco de Brasilia Receives 15 Billion Reais Offer for Assets Acquired from Banco Master
The controlling shareholder of Banco de Brasilia announced that the lender received an offer of 15 billion reais ($3 billion) for assets obtained from Banco Master. This offer comes as the bank seeks additional capital to address financial shortfalls resulting from its transactio…
BU
Substrate placeholder — needs reviewworld72 days ago
Six Largest US Banks Expected to Reduce Bond Issuance in Current Quarter After Record Start
The six largest US banks are projected to issue fewer bonds this quarter following the busiest start to a year on record. This slowdown comes after significant activity in prior months. The development reflects changing market conditions for bank funding.
BU
Substrate placeholder — needs reviewfinance73 days ago
European Resources Withdraws March Rights Issue and Announces New Renounceable Rights Issue
European Resources has withdrawn its previously announced rights issue from March. The company is replacing it with a new 3-for-7 renounceable rights issue priced at A$0.015 per share. This move aims to raise capital through eligible shareholders.
FI