Posts in category

Capital raising


The capital raised enabled the development and acquisition of six key assets QUBE invests mainly in WA Rising interest rates have only marginal impact on investors, says QUBE Director Geoff Davieson QUBE Property Group recorded its most active capital raising period for the 12 months to September 2022, with $60 million raised in equity. This …

New Delhi: Small financial bank (SFB) capital raising accelerated in the quarter ended September 2022, according to a report by Care Edge Ratings. According to the brokerage report, majority of SFBs are absorbing the cost of credit and growth is returning to the sector despite the postponement of initial public offerings (IPOs) in FY22 and …

(Add stock price reaction, analyst comment, details) By John Revil ZURICH, Oct 31 (Reuters) – Credit Suisse on Monday unveiled details of its plan to raise 4 billion Swiss francs ($4.01 billion) from investors to back the beleaguered bank’s bid to cope to the biggest crisis in its 166-year history. Switzerland’s second-biggest lender is raising …

BQ Prime’s special research section brings together in-depth and quality research reports on stocks and the economy from India’s top brokers, asset managers and research agencies. These reports offer BQ Prime subscribers the opportunity to broaden their understanding of companies, sectors and the economy. Although small financial banks still represent only a small part of …

Australian Digital Capital Raising Platform (DCRP) Blu Horseshoe was officially launched today to help connect investors to post-IPO raises on the ASX. The company said it aims to provide a conflict-free pipeline that allows sophisticated investors to access secondary transactions, brokers to expand the universe of investment opportunities for clients, and businesses to maximize their …

Find out more about this capital increase Be the first with news that moves the market Wellfully (WFL) raises up to $2.3 million for large-scale initiatives Company plans to reduce manufacturing costs and increase gross margins Wellfully also initiated a debt restructuring, including the conversion of compensation due into shares An outstanding loan from Celtic …

September 30, 2022 TLM Aikins LLP To print this article, all you need to do is be registered or log in to Mondaq.com. Effective November 21, 2022, reporting issuers listed on a Canadian stock exchange may distribute freely tradable securities to investors without filing a prospectus, subject to certain conditions. In response to …

By Colleen Bate | September 20, 2022 Following IVE Group’s acquisition of the printing and finishing assets of Ovato last week, the printing giant has announced an $18 million fundraising round to investors and will also offer existing eligible shareholders the possibility of raising approximately 2 million dollars. Delighted with the support: Geoff Selig, Executive …

On September 8, 2022, the Canadian Securities Administrators (the “CSA”) announced the adoption of a new prospectus exemption for issuers listed on a Canadian stock exchange[1]. The goal of the new exemption is to provide issuers with a more efficient way to raise smaller capital and gain greater access to retail investors, while reducing regulatory …

September 16, 2022 In the current environment, public companies may find it more difficult to raise capital through traditional public offerings. Despite market volatility, private placements of various securities offer issuers the opportunity to support liquidity and bridge valuation gaps. These private investment in public equity (PIPE) transactions offer a fast, tailor-made and discreet option …

September 16, 2022 Miller Thomson LLP To print this article, all you need to do is be registered or log in to Mondaq.com. On September 8, 2022, the Canadian Securities Administrators (CSA) announced the adoption of a new prospectus exemption allowing listed issuers to distribute freely tradeable listed equity securities without filing a …

On September 8, 2022, the Canadian Securities Administrators (CSA) announced the adoption of a new prospectus exemption allowing listed issuers to distribute freely tradeable listed equity securities without filing a prospectus, subject to several conditions, notably : the issuer has been a reporting issuer in at least one (1) jurisdiction of Canada during the 12-month …

All the questions Capital raising by start-ups In Argentina, many start-ups look for funding abroad (after friends and family have invested in the project). It is very common for them to do this through a company incorporated in a foreign jurisdiction (usually Delaware) to facilitate the investment of their foreign investors and avoid undesirable exchange …

All the questions Capital raising by start-ups Venture capital investments in Latin America have generally focused on early stage start-ups. Although big tickets are given to early-stage startups, the majority of deals have primarily targeted small businesses. In 2019, approximately 90% of investments were directed to fundraisings aimed at raising US$20 million or less for …

MILAN, Sept 5 (Reuters) – Monte dei Paschi di Siena (BMPS.MI) won European Central Bank approval for its fundraising project on Monday, although the Italian state-owned bank has yet to weather market volatility . The shareholders of Monte dei Paschi (MPS) – 64% owned by the state after a bailout in 2017 – vote on …

CINCINNATI–(BUSINESS WIRE)–BiOWiSH Technologies, Inc. (BiOWiSH) announced that it recently entered into an equity investment agreement with SABIC Ventures US Holdings LLC (SABIC Ventures), a subsidiary of SABIC Agri-Nutrients Company (SABIC AN). Investment is tied to SABIC AN and BiOWiSH’s drive to expand and accelerate commercialization of SABIC AN’s bio-enhanced urea products powered by BiOWiSH®. With …

August 24, 2022 Reed Smith (worldwide) To print this article, all you need to do is be registered or log in to Mondaq.com. The government has published a report containing the results of the review of secondary capital raising in the UK. The report recommends significant changes to the rules governing secondary capital …

The government has published a report containing the results of the review of secondary capital raising in the UK. The report recommends significant changes to the rules governing secondary capital raisings, with a view to making the UK regime for secondary capital raisings more effective and efficient. The review is part of a proposed package …

Clashes between armed groups erupted overnight in Tripoli, according to local media, the latest violence to hit the Libyan capital. A journalist from Agence France-Presse (AFP) heard gunshots and explosions around 1 a.m. Saturday (2300 GMT) in the city. The fighting, with light and heavy weapons, took place in the El Jebs neighborhood in the …

Two years after India’s central bank had to step in to take control of Yes Bank to calm panicked depositors and stem systemic risk, the lender is aiming to expand its loan book and acquire smaller rivals to revive its business, said its managing director. The midsize lender’s expansion plan comes after it raised $1.1 …

Band Nupur Anand MUMBAI, August 4 (Reuters) – Two years after India’s central bank had to step in to take control of Yes Bank to calm panicked depositors and stem systemic risk, the lender is aiming to expand its loan book and acquire smaller rivals to revive its business, said its managing director. The mid-sized …

VS era Care Limited has raised around $320m (£260m) in fresh capital to fund a fivefold increase in the number of people it treats at home. The Southwark-based company will use the funds to reach up to 100,000 patients each day. It’s the latest sign of the scale of the UK’s adoption of a technique …

MUMBAI, Aug 4 (Reuters) – Two years after India’s central bank had to step in to take control of Yes Bank (YESB.NS) to calm panicked depositors and stem systemic risk, the lender is aiming to expand its portfolio of loans and acquire smaller rivals to revive its business, chief executive Prashant Kumar said. …

Subscribe Be the first with news that moves the market Greenvale Mining (GRV) announces positive test results of its preferred liquefaction process for the Alpha torbanite project in Queensland The company says tests have revealed that the project’s torbanite and cinnamon coal samples can be liquefied for bitumen production. Greenvale chief executive Mark Turner says …

Quercus accesses a new source of recurring funding for its growing development activity LONDON, August 2, 2022 /PRNewswire/ — Quercus Real Assets Limited, (Quercus), a renewable energy specialist based in London focused on international investments in the context of the energy transition, achieved its fundraising objective of €33 million for its first development bond. Quercus …

Following the COVID-19 outbreak, NZX has introduced a number of relief measures to help issuers raise capital urgently. In light of recent experience and global market trends, NZX has announced that it is undertaking a focused review of capital raising metrics and soliciting feedback on its proposals through a public consultation. The proposed changes that …

The UK Secondary Capital Raising Review has made a number of recommendations which, when implemented, will make secondary fundraising by companies admitted to the official list much faster, cheaper and easier. The Review wants to be “bold and courageous” and indeed, it is. This post cannot do the review justice, but below are the highlights. …

July 25, 2022 Herbert Smith’s Freehills To print this article, all you need to do is be registered or log in to Mondaq.com. Recommendations from the UK Secondary Capital Raising Review, which looked at the regime for secondary capital raising by UK listed companies and how to improve it, have been published. The …

Stock to buy: target price, current market price The current market price (CMP) of AU Small Finance Bank is Rs. 577. Motilal Oswal has estimated a target price for the stock at Rs. 680. This stock has the potential to yield an 18% return, in the coming year. It is a large cap stock with …

Image source: Getty Images The Australia and New Zealand Banking Group Ltd (ASX:ANZ) the stock price came back from its three-day trading halt. In early trading, shares of the banking giant were down nearly 1% at $21.46. Why is the ANZ share price falling? The catalyst for ANZ share price weakness on Thursday was the …

Image source: Getty Images At lunch on Thursday, the S&P/ASX 200 Index (ASX:XJO) is on track for a slight decline. The benchmark is currently down 0.1% at 6,754.1 points. Here’s what’s happening on the ASX 200 today: ANZ shares fall slightly The Australia and New Zealand Banking Group Ltd (ASX:ANZ) the stock price is down …

Spectur will also raise between $500,000 and $1.15 million through a stock purchase plan. Australian solar-powered smart security provider Spectur (ASX: SP3) has received firm commitments from investors to raise $1.86 million to fund its expansion and marketing plans. The fundraising will be carried out through the placement of 51.7 million shares at $0.036 each …

By CNBC-TV18 Jul 20, 2022, 11:10 p.m. IST (Released) Private sector AU Small Finance Bank said on Wednesday that its board had approved a proposal to raise a fund raising scheme of Rs 3,000 crore. The Jaipur-based bank can opt for private placement or placement in Qualified Institutions (QIPs) or preferential allocation or a combination …

VANCOUVER, BC, July 20, 2022 /CNW/ – The total market value of from British Columbia public companies grew 14% in 2021, hitting a record high, according to a new report from the British Columbia Securities Commission (BCSC). The BC Capital Market Report 2021 shows that the total market value of BC public companies has risen …

Stavely Minerals is seeking to raise $4 million through a placement of new shares priced at $0.15 each, and an additional $1.5 million through a stock purchase plan. Junior explorer Stavely Minerals (ASX:SVY) has launched a $5.5 million fundraising round to fund the next stage of exploration and resource definition drilling at its namesake copper-gold …

ST. PETERSBURG, Fla., July 13, 2022–(BUSINESS WIRE)–United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today announced that its Board of Directors has initiated a review of its strategic and capital raising alternatives. As part of this process, the board will consider a wide range of …

Capital market participants have praised Nigerian Exchange Limited (NGX) for providing a dynamic listing platform that enables governments and corporations to achieve their business goals. At the NGX CEO Roundtable, themed “Creating an enabling ecosystem for access to capital from Nigerian capital markets”, key stakeholders in the capital markets ecosystem came together to discuss and …

Capital market participants have praised NGX for providing a dynamic listing platform that enables governments and corporations to achieve their business goals. This was stated during the NGX CEO Roundtable held on Thursday, July 7, 2022. The event, themed “Creating an enabling ecosystem for access to capital from Nigerian capital markets”, brought together key players …

For stock markets, 2022 was one of the worst starts in historyincluding the Worst tech startup since 2002. There have been several macroeconomic and geopolitical impacts that have rattled markets this year, leading to higher inflation and tightening by the Federal Reserve. The May CPI headlining 8.6% vs. 8.3% expected which provoked a more aggressive …

Introduction The Australian Securities Exchange (ASX) declares that it is committed to continually improving its ASX Listing Rules (Rules) to enhance the reputation and integrity of the market and to ensure that it continues to serve the interests of investors and issuers. Pursuant to this mandate, on April 27, 2022, ASX published a public consultation …

During the meeting of June 24, 2022 The Board of Directors of Canara Bank, at its meeting of June 24, 2022, approved the fundraising plan for the financial year 2022-23 as follows: 1. To raise capital through additional Tier I Basel III compliant bonds of Rs 5,500 Crore in the financial year …

close Provided by: HOTAI FINANCE CO., LTD. SEQ_NO 4 announcement date 2022/06/23 Announcement time 21:53:08 Matter Hotai Finance Co. Ltd. announces Board resolution on capital raising through the issuance of preferred shares A Date of events 2022/06/23 What item it responds to paragraph 11 Statement 1.Date of …

VIETNAM, June 20 – A Vietinbank employee counting money at his desk. VNA/VNS Photo Trần Việt HÀ NỘI — Listed companies are more cautious in their plans to raise capital, as the market is in an unfavorable situation and the government is tightening management of the bond market. On the stock exchange, many listed companies …

The US federal government needs better technology, but implementing new systems is more complex than nuclear launch codes. The internal process of creating new technologies is moving at a slow enough pace to ensure that the government stays behind the commercial sector. While startups could serve as a lifeline for innovation, the process of securing …

New Zealand Rural Land Company Limited (NZX.NZL) today announced an accelerated pro rata renewable entitlement offering to raise approximately $20.38 million (Offer). The net proceeds of the offering will be used to finance the acquisition of two other dairy assets, Argyle Downs and Greenhill. NZL Chairman Rob Campbell said: “The acquisitions represent a continuation of …

Blue Horseshoe Ventures Pty Limited (BHV) today announces the launch of its digital capital raising platform, Blu Horseshoe, with a mission to provide sophisticated and professional investors with a wide range of financial opportunities in the secondary market. The Australian company is backed by a strategic network of leading media and financial advisory firms in …

Navarre Minerals managing director Ian Holland said the Mt Carlton satellite deposits have produced “very encouraging” and quality drilling results. Navarre Minerals (ASX: NML) has launched a $9.5 million fundraising round to fund resource growth at the Mt Carlton gold mining in North Queensland. The company plans to raise $4.5 million through an equity offering …

Find out more about this capital increase Be the first with news that moves the market Talon Energy (TPD) is cashed in with $13.5m raised through a placement and stock purchase plan as recent drill and flow test results beat expectations. But despite the latest news, the company’s share price remains stagnant. Talon holds stakes …

Find out more about this capital increase Be the first with news that moves the market Miners led the capital raise this week, bringing in hundreds of millions of dollars through equity placements. Emerging lithium producer Sayona Mining (SYA) led the way by announcing a $190 million bookbuild to restart production at its Quebec operations. …

In 2021, only 2% of venture capital (VC) funds were raised by female founders.[1] Surprisingly, this was the smallest share since 2016 for the notoriously male-dominated industry. This disproportionate distribution is reflected at the fund level where less than 17% of general partners (GPs) are women.[2] Many argue that access to capital and funding are …

“We didn’t need the money, but I think it’s better to collect when you don’t need the money than when you do.” Mr Birrell said the company had been able to raise “a decent round”, despite slowing technology investment, thanks to Fresho’s dominance in a market that had been slow to modernize its systems. Pandemic …

Hello and welcome to your Morning Briefing on Wednesday, May 18, 2022. To receive it each morning in your inbox, click here. FCA workforce Experts say the Financial Conduct Authority needs to bolster its authorizations team to successfully introduce new application fees. Maddie Delboy, Head of Regulatory Support at Apricity, said Money Marketing that the …

M4Markets today revealed that after a positive first quarter in 2022, it has completed a fundraising through the sale of a significant stake to new strategic investors. The global FX and CFD broker said it would use the capital raised to accelerate growth. M4Market plans to enhance its products and services with additional advanced technologies …

Find out more about this capital increase Be the first with news that moves the market Logistics technology company Orcoda (ODA) has raised just over $1.25 million through an equity investment and purchase plan to purchase vehicles for its healthcare division. The company set out to raise more, but chief executive Geoffrey Jamieson told The …

Small investment Big benefit No investment too small How corporate giants are crushing small businesses The company’s revenue model generates revenue when launching the company’s platform A market disruptor in digital advertising and marketing for small businesses This is the most important investment an investor should consider making. A small business owner has the unique …

During the meeting of May 13, 2022 The Board of Directors of Bank of Baroda, at its meeting on May 13, 2022, approved the raising of additional capital up to Rs. 2,500 crore through Tier I Debt Capital Instruments (AT I ) or Tier II with option of interchangeability, issued in India/Overseas …

Find out more about this capital increase Be the first with news that moves the market Amaero International Ltd (3DA) secured $11 million to complete the installation and commissioning of the titanium alloy powder plant that the company relies on to bring it to a positive cash position. The 3D additive manufacturing company is also …

Fasanara Capital, a London-based asset manager and investor, is raising $350 million for a new venture capital fund to support crypto and fintech startups. About $100 million of that amount has already been raised, Francesco Filia, CEO of Fasanara Capital, told The Block in an interview. This is the first time Fasanara will …

Find out more about this capital increase Be the first with news that moves the market Tombola Gold (to be determined) announced that it is now fully funded until first gold production from its flagship Mt Freda gold mine in the next quarter. The company raised $10.5 million from a placement priced at 6 cents …

Finding the right financing is a key part of any successful business’ growth journey. Most business operators know the basics – a solid business idea/plan, strong management team, expansion opportunities, good operating systems, etc. However, the fundraising process can also have hidden risks and can actually hurt the business if something goes wrong.” Our sales …

Kayode Tokede Fidelity Bank Plc shareholders have unanimously approved the payment of a cash dividend of 35 kobo per share to all shareholders. Shareholders who hailed the bank’s excellent performance at the bank’s 34th Annual General Meeting (AGM) held in Lagos also authorized the Board of Directors, among others, “to undertake as it sees fit …

Since January, I have been approached by investors and project leaders seeking to finance projects or close deals. At the same time, I tried to estimate using the available data the gap between infrastructure funding and energy funding. The figure we used is $250 billion a year by 2025. Given that Africa’s population is expected …

By Kelly-Ann Mealia, Co-Founder and President, Energy Capital & Power (www.EnergyCapitalPower.com). Since January, I have been approached by investors and project leaders seeking to finance projects or close deals. At the same time, I tried to estimate using the available data the gap between infrastructure funding and energy funding. The figure we used is $250 …

Find out more about this capital increase Be the first with news that moves the market Sarama Resources (SRR) is mobilizing its team and drill rigs on its gold projects in Burkina Faso following its market entry. The company began trading on the ASX this week, with shares trading between 19 cents and 22.5 cents …

NorthWest Healthcare Properties Management Limited (the Manager), as manager of Vital Healthcare Property Trust (Vital), today announced its intention to raise approximately $200 million in new equity, through an offering of 1 for 8.54 pro-rated accelerated entitlement (the offering) to fund ~$225 million in new acquisitions and developments (as noted below). Vital fund manager Aaron …

Find out more about this capital increase Be the first with news that moves the market Shares of Halo Technologies (HAL) have plunged 27.5% since its debut on the ASX yesterday. The listing came after the company raised more than $36 million through an IPO at a price of $1.20 per share. The Australian firm …

garuda indonesia IATA/ICAO code: GA/GIA Airline type: Full service carrier Hub(s): Jakarta Soekarno-Hatta International Year of foundation: 1949 Alliance: SkyTeam CEO: Irfan Setiaputra Country: Indonesia Hot on the heels of Indonesian lawmakers approving a $522 million bailout for struggling national carrier Garuda Indonesia, the airline is also considering raising more funds by selling shares and …

Fundraising by real estate investment managers hit a pre-pandemic high in 2021, but the conflict in Ukraine will put additional pressure on deployment strategies in 2022, according to an annual survey of real estate fund associations ANREV, INREV and NCREIF. Capital raising activity in 2021 reached at least €254 billion globally for unlisted real estate …

Kelly-Ann Mealia, Co-Founder and President, Energy Capital & Power. Since January, I have been approached by investors and project leaders seeking to finance projects or close deals. At the same time, I tried to estimate, from the available data, the gap between the financing of infrastructure and that of energy. The figure we used is …

Game Changer: Mike Haston Haston Economics will be a game-changer, according to its founder, who pioneered an innovative Direct Market Investment (DTMI) system that guides clients on how to implement a proven sales and marketing strategy during raising funds from private investors. The new company, which will be based in Edinburgh and London, specializes in …

VIETNAM, April 13 – Head office of SmartInvest Securities JSC (AAS) in Hà Nội. During the annual general meeting of shareholders held earlier this week, SmartInvest Securities JSC (AAS) also sought the views of shareholders on the plan to increase its share capital by 6 times to 5 trillion. VNĐ. Photo cafef.vn HÀ NỘI – …

Find out more about this capital increase Be the first with news that moves the market A company with over $20 billion in assets under management, Navigator Global Investments (NGI) is raising funds to pay the first installment of its $134 million deal to buy nearly 20% of US-based Marble Capital. The fundraising objective is …

Stock market regulator NZ RegCo is urging investors to seek professional advice if they plan to participate in Air New Zealand’s capital raising and rights trading for new shares. Photo: 123RF The confusion was caused when the stock exchange operator, NZX, offered the wrong benchmark or notional starting prices for Air New Zealand ordinary shares …

Venture capital firm Transform Capital is raising $100 million for a growth fund that seeks to inspire more philanthropy in venture capital by committing a portion of the returns to nonprofits chosen by its LPs. Why is this important: Many investors claim to “do well by doing good,” but few have incorporated philanthropic giving into …

PolarX Ltd (ASX:PXX) has accepted firm commitments from investors to subscribe for a placement of 119.6 million shares at A$0.021 per share to raise A$2.51 million before fees with an option free attachment on a 1:2 basis worth 3 cents and expiring in 18 months. Following the placement, the company will issue a 1 for …

New Zealand stocks joined a global rally as investors grew increasingly optimistic about the prospect of peace in Ukraine, amid the local backdrop of Air NZ’s upcoming $1 billion fundraising . Wednesday, March 30, 2022, 7:32 p.m. by Business Desk The S&P/NZX 50 Index rose 179.34 points, or 1.5%, to 12,098.80. Turnover was $282.3 million …

Subscribe Be the first with news that moves the market Helix Resources (HLX) opens its $2 million stock purchase plan (SPP) for eligible shareholders, as part of its $13 million fundraising The company also opened its SPP to eligible registered shareholders in Australia and New Zealand to purchase up to $30,000 of shares at the …

Over the past four days, eight sessions on how to navigate today’s real estate investment market were part of WMRE’s first virtual forum in 2022. The forum, CRE Capital Raising and Investment Trends: First Quarter Update, took place last week. All eight sessions are available for on-demand viewing by clicking the links under each session …

At meeting held on 17 March 2022 The Board of Jammu and Kashmir Bank at its meeting held on 17 March 2022 has approved raising of Basel III compliant Tier II capital up to Rs 1000 crore in the form of non-convertible, redeemable, unsecured, bonds on private placement basis. Powered by Capital Market …

Find out more about this capital increase Be the first with news that moves the market Amid global uncertainties, including Vladimir Putin’s war in Ukraine, rising inflationary pressures and COVID, this week saw the brakes on raising capital, with only a scattering of companies announcing they were looking for funds. Small Cap Gold Players Westgold …