DUBAI: Dubai Islamic Bank PJSC (DIB), rated A3 by Moody’s and A by Fitch, successfully priced a landmark USD 500 million Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 3.375% per annum. This transaction represents the lowest ever pricing achieved by a GCC bank (both conventional and Islamic) on an Additional…
LAFAYETTE: urban-gro Inc. announced the pricing of an underwritten public offering of 5.4 million shares at a public offering price of $10 per share for aggregate gross proceeds of $54 million. In addition, urban-gro has granted the underwriters a 45-day option to purchase up to an additional 810,000 shares of common stock at the public…
ROCHESTER: VerifyMe Inc. has entered into an underwriting agreement with Maxim Group LLC under which the underwriter has agreed to purchase, on a firm commitment basis, 1.65 million shares of common stock of the Company, at a price to the public of $5.30 per share less underwriting discounts and commissions. The gross proceeds from the…
AUSTIN: Ideal Power Inc. announced the pricing of an underwritten public offering of 1,176,500 shares of its common stock at a public offering price of $17 per share, before underwriting discounts and commissions, for an aggregate offering of approximately $20 million. In addition, the Company has granted the underwriter a 30-day option to purchase up…
LONDON: TechnipFMC announced that TechnipFMC priced its previously announced offering of $1.0 billion aggregate principal amount of 6.5% senior unsecured notes due 2026 in a private offering. TechnipFMC previously announced planned separation (Spin-off) into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider, and Technip Energies, a leading engineering and…
DURHAM: Shattuck Labs Inc. announced the pricing of its upsized initial public offering of 11.882 million shares of common stock at a public offering price of $17 per share. The gross proceeds to Shattuck from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Shattuck, are expected to be approximately…