2022-12-08 20:47:19 WBA Walgreens Boots Alliance
AmerisourceBergen
12/08/22 12/0820:47 12/08/2220:47 | Walgreens Boots Alliance sells $1.0B in AmerisourceBergen sharesWalgreens Boots Alliance (WBA) announced that it has sold shares of AmerisourceBergen (ABC) common stock pursuant to Rule 144 for proceeds of approximately $0.8Band, subject to the completion of the Rule 144 sale, a concurrent share repurchase by AmerisourceBergen for proceeds of approximately $0.2B. Walgreens Boots Alliance's ownership of AmerisourceBergen's common stock has decreased from approximately 20% to approximately 17%. Proceeds to Walgreens Boots Alliance will be used primarily for debt paydown and the funding of the company's strategic priorities, including the definitive agreement for VillageMD to acquire Summit Health-CityMD. Walgreens Boots Alliance
AmerisourceBergen
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Takeda Pharmaceutical: FDA approves sBLA for expanded use of TAKHZYRO »
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Takeda announced that the… Takeda announced that the U.S. FDA has approved the supplemental Biologics License Application for the expanded use of TAKHZYRO for prophylaxis to prevent attacks of hereditary angioedema in pediatric patients 2 to less than12 years of age. Prior to this approval, the only approved routine prophylaxis treatment options for children 6 to less than12 years of age required dosing every three to four days, and children with HAE 2 to less than 6 years of age had no approved prophylaxis treatment, making TAKHZYRO the first prophylaxis treatment for this age group. The recommended dose is 150 mg/1 mL solution in a single-dose prefilled syringe every four weeks in patients 2 to less than 6 years of age and every two weeks in patients 6 to less than 12 years of age. ShowHide Related Items >><<
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LGI Homes announced it closed 331 homes in January »
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As of January 31, the… As of January 31, the company had 97 active selling communities. ShowHide Related Items >><<
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Atento announces successful capital raise »
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Atento confirms that it… Atento confirms that it has secured its previously announced financing program. The additional capital raised will further strengthen Atento's balance sheet and liquidity position as management focuses on transforming the business. The fourth quarter has continued the positive trend by generating strong EBITDA margin growth, delivering the cash balance to close at $84M on December 31, 2022. ShowHide Related Items >><<
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Sony delays 'The Last of Us Part I' PC port to March 28 »
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Sony's Naughty Dog… Sony's Naughty Dog has delated the PC port of 2022 video game "The Last of Us Part I" to March 28 from March 3. The game, which is a remake of the 2013 game of the same name, originally launched in 2022 for PlayStation 5. Reference Link ShowHide Related Items >><<
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Elon Musk prevails in shareholder lawsuit over 2018 tweet, WSJ says »
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A jury rejected… A jury rejected shareholder claims that Elon Musk violated federal securities law when he tweeted in 2018 about potentially taking Tesla private, The Wall Street Journal's Rebecca Elliott reports. The nine-person jury said the investors who brought the class-action case failed to prove that Musk hurt them by tweeting about a possible deal. Reference Link ShowHide Related Items >><<
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ArrowMark Financial Corp. reports estimated NAV $20.79 as of December 31 »
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This NAV reflects the… This NAV reflects the regular fourth quarter dividend of 39c per share plus the special dividend of 10c per share. ShowHide Related Items >><<
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BMW invests EUR800M in Mexican production site for electric vehicles »
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The BMW Group is… The BMW Group is investing EUR800M in its Mexican production site in San Luis Potosi for the integration of fully electric models of NEUE KLASSE and construction of local high-voltage battery assembly. The company said that the move will lead to 1,000 new jobs at the San Luis Potosi factory and could mean that achieving 50% share of the company's worldwide sales of fully electric vehicles earlier than 2030. "We are systematically gearing our production network towards electromobility. In Mexico, we are investing 800 million euros in our plant and creating around 1,000 new jobs," explained Milan Nedeljkovi, member of the Board of Management of BMW AG responsible for Production, in San Luis Potosi at an event attended by Mexican President Andres Manuel Lopez Obrador and Governor of San Luis Potosi Ricardo Gallardo Cardona. ShowHide Related Items >><<
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Getaround files to sell 127.42M shares of common stock for holders
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Kiora Pharmaceuticals files to sell 1.05M shares of common stock for holders
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Durect announces $10M registered direct offering of common stock, warrants »
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Durect announced that it… Durect announced that it has entered into a definitive agreement with a leading institutional healthcare investor and an existing institutional investor for the purchase and sale of an aggregate of 1,700,000 shares of common stock and, in lieu of shares of common stock, pre-funded warrants to purchase 300,000 shares of common stock, and accompanying warrants to purchase up to 2,000,000 shares of common stock in a registered direct offering. The shares of common stock and accompanying warrants are being sold at a combined purchase price of $5.00 per share and accompanying warrant, and the pre-funded warrants are being sold at a combined purchase price of $4.99999 per pre-funded warrant and accompanying warrant. All of the shares of common stock, pre-funded warrants and accompanying warrants to be sold in the Offering will be sold by Durect. The pre-funded warrants have an exercise price of $0.00001 per share and the accompanying warrants will have an exercise price of $5.00 per share. The pre-funded warrants and the accompanying warrants will be immediately exercisable. The pre-funded warrants do not expire and the accompanying warrants will expire five years from the date of issuance. The closing of the Offering is expected to occur on or about February 8, 2023, subject to customary closing conditions. The gross proceeds from the Offering are expected to be approximately $10M, before deducting fees to the placement agents and other estimated offering expenses payable by Durect. Durect intends to use the net proceeds of the Offering for general corporate purposes, which may include clinical trials, research and development activities, capital expenditures, selling, general and administrative costs, facilities expansion, and to meet working capital needs. Cantor Fitzgerald & Co. and Oppenheimer & Co. are acting as lead placement agents for the Offering. ShowHide Related Items >><<
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IO Biotech files $250M mixed securities shelf
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Activision Blizzard management to meet virtually with Benchmark »
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Virtual Meeting to be… Virtual Meeting to be held with SVP Investor Relations Hickey on February 9 at 12 pm hosted by Benchmark. ShowHide Related Items >><<
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Lilium files to sell 3.1M Class A ordinary shares for holders
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Hempacco files to sell 4.73M shares of common stock »
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Hyperloop Transportation… Hyperloop Transportation Technologies and Forest Road Acquisition Corp. II have mutually agreed to terminate their previously announced business combination agreement. Considering the significant time to close the business combination, coupled with prevailing market conditions, both parties decided that terminating the agreement is in the best interest of their respective shareholders and employees. |
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SAB Biotherapeutics files to sell 7.36M shares of common stock for holders
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Virtual Meeting to be… Virtual Meeting to be held on February 7 hosted by Seaport Global. ShowHide Related Items >><<
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Travelzoo files to sell 3.41M shares of common stock for holders
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KVH Industries enters support agreement with Black Diamond Capital »
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Vapotherm files $200M mixed securities shelf
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RH says certain financial statements 'should no longer be relied upon' »
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In a regulatory filing,… In a regulatory filing, the company said, "During the preparation of our response to a comment letter from the Division of Corporation Finance of the SEC related to a routine review of our Annual Report on Form 10-K for the fiscal year ended January 29, 2022, and Quarterly Report on Form 10-Q for the fiscal quarter ended October 29, 2022, RH became aware of errors in the calculation of net income per share. On February 1, 2023, the Audit Committee of the Board of Directors, after discussion with our senior leadership and independent registered public accountants, determined that our previously unaudited financial statements for the three months ended April 30, 2022, the three and six months ended July 30, 2022, and the three and nine months October 29, 2022 should no longer be relied upon due to material unintentional errors in certain of these financial periods with respect to our calculation of basic and diluted net income per share. Accordingly, a restatement is required to correct these errors and our Prior Financial Statements for each of the quarterly periods ended April 30, 2022, July 30, 2022, and October 29, 2022 included in the associated Form 10-Qs previously filed with the SEC should no longer be relied upon. The unintentional errors in the Prior Financial Statements were as follows: We misinterpreted relevant authoritative guidance and added back the pre-tax loss on extinguishment of debt in connection with a portion of the convertible senior notes in the computation of net income available to common stockholders used in calculating basic net income per share. As a consequence of the above errors, the computation of diluted net income per share was therefore incorrect as a result of the anti-dilutive impact of (i) adding back the pre-tax loss on extinguishment of debt and (ii) including the potential shares related to the extinguished convertible senior notes in the calculation of weighted-average diluted shares. The miscalculation of diluted net income per share became evident when correcting for the errors to basic net income per share. We will file amendments to our Quarterly Reports on Form 10-Q for the fiscal quarters ended April 30, 2022, July 30, 2022, and October 29, 2022 to correct these errors. Similarly, basic and diluted net income per share and related financial information affected by the restatement that is included in any previously issued or filed reports, press releases, earnings releases, shareholder letters, and investor presentations or other communications covering the Non-Reliance Periods should no longer be relied upon." ShowHide Related Items >><<
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