Latest news with #AllianceGlobalPartners
Globe and Mail
24-07-2025
- Business
- Globe and Mail
Offerpad Solutions Inc. Announces Pricing of $6 Million Registered Direct Offering and Concurrent Private Placement
Offerpad Solutions Inc. ("Offerpad") (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that it has entered into a securities purchase agreement with a single institutional investor for the purchase and sale of 2,857,143 shares of its common stock (or common stock equivalents in lieu thereof) in a registered direct offering at a purchase price of $2.10 per share ('the Registered Offering'). In a concurrent private placement (the "Private Placement" and together with the Registered Offering, the "Offerings"), the Company also agreed to issue to the same investor warrants to purchase up to 1,428,571 shares of its common stock (the "Common Warrants"). The Common Warrants have an exercise price of $2.30 per share, will be exercisable commencing six months from the date of issuance, and will expire four years following the initial exercise date. The closing of the Offerings are expected to occur on or about July 25, 2025, subject to the satisfaction of customary closing conditions. The gross proceeds from the Offerings are expected to be approximately $6 million, before deducting placement agent fees and other estimated offering expenses. The Company expects to use the net proceeds from the Offerings for general working capital. A.G.P./Alliance Global Partners is acting as the sole placement agent for the Offerings. The Registered Offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-270994) previously filed with the U.S. Securities and Exchange Commission (the 'SEC'). A prospectus supplement describing the terms of the proposed Offering will be filed with the SEC and will be available on the SEC's website located at Electronic copies of the prospectus supplement may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@ The private placement of the Common Warrants and the shares underlying the Common Warrants offered to the institutional investor will be made in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"). Accordingly, the securities issued in the concurrent private placements may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About Offerpad Offerpad, dedicated to simplifying the process of buying and selling homes, is a publicly traded company committed to providing comprehensive solutions that remove the friction from real estate. Our advanced real estate platform offers a range of services, from consumer cash offers to B2B renovation solutions and industry partnership programs, all tailored to meet the unique needs of our clients. Since 2015, we've leveraged local expertise in residential real estate alongside proprietary technology to guide homeowners at every step. #OPAD_IR Forward-Looking Statements This release contains 'forward-looking statements' made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are typically preceded by words such as 'believes,' 'expects,' 'anticipates,' 'intends,' 'will,' 'may,' 'should,' or similar expressions. These forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct or that those goals will be achieved, and you should be aware that actual results could differ materially from those contained in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, risks associated with market conditions and the satisfaction of customary closing conditions related to the proposed offering and uncertainties related to the size, timing, completion, and use of proceeds from the proposed offering. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the Company's business in general, please refer to the Company's prospectus supplement to be filed with the SEC, and the documents incorporated by reference therein, including the Company's Form 10-K for the year ended December 31, 2024 and Form 10-Q for the quarter ended March 31, 2025. All forward-looking statements are expressly qualified in their entirety by this cautionary notice. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this release. The Company has no obligation, and expressly disclaims any obligation, to update, revise or correct any of the forward-looking statements, whether as a result of new information, future events or otherwise.
Yahoo
24-07-2025
- Business
- Yahoo
Why Did Tilray Stock Pop Today?
Key Points Alliance Global Partners cut its price target on Tilray stock this morning. Investors bid the stock up despite the bad analyst news. It's been seven years since Tilray last earned a profit, and it could be four more years before that happens again. 10 stocks we like better than Tilray Brands › Alliance Global Partners cut its price target on Tilray Brands (NASDAQ: TLRY) stock by 25% this morning, from $1 to just $0.75 per share, as The Fly just reported. You'd probably expect news like that to have an impact on the stock, and it did... but perhaps not the effect that you think. As of 2:05 p.m. ET Tuesday, Tilray stock is up 15.8%. What Alliance Global said about Tilray Investors' reaction to Alliance Global cutting its price target doesn't make a whole lot of sense (to say the least). According to the analyst, Tilray is experiencing "softness" in international sales of cannabis, and in its alcohol sales as well. (Best known as a marijuana stock, Tilray actually gets 25% of its revenue -- and 40% of its gross profit -- from the sale of alcoholic beverages.) This is leading Alliance Global's analysts to cut their forecasts for Tilray's earnings this year, and to cut their price target as well. Tilray stock does, fortunately, cost only a couple of pennies more than the new price target, however, and so Alliance Global gives the stock a neutral rating. Is Tilray stock a buy? Even "neutral" may be generous, however. Tilray hasn't earned a profit since 2018, back when marijuana stocks were still popular among momentum traders. It hasn't generated positive free cash flow (FCF), well, ever. Even optimistic stock market analysts don't see the company turning profitable before 2029 at the earliest, although forecasts do call for positive free cash flow in 2026. Personally, though, given the company's track record I'm going to have to see that happen to believe it. If Tilray does report positive FCF next year, I'll be happy to reconsider the stock. For the time being, however, I can only call Tilray stock a sell. Should you invest $1,000 in Tilray Brands right now? Before you buy stock in Tilray Brands, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Tilray Brands wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $665,092!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,477!* Now, it's worth noting Stock Advisor's total average return is 1,055% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends Tilray Brands. The Motley Fool has a disclosure policy. Why Did Tilray Stock Pop Today? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-07-2025
- Business
- Yahoo
Alliance Global Partners Resumes Coverage of Ring Energy (REI) Stock with a Buy
Ring Energy, Inc. (NYSE:REI) is one of the Alliance Global Partners resumed coverage of the company's stock with a 'Buy' rating and a price objective of $2.50. The firm believes that Ring Energy, Inc. (NYSE:REI)'s stock trades at an attractive valuation based on its cash flow. Furthermore, the shares are attractive considering the Permian focus and straightforward operating strategy, added the firm's analyst. An oil rig under construction in the middle of a lake, its lights reflecting on the surrounding water. Ring Energy, Inc. (NYSE:REI) started 2025 with a robust first quarter, reflecting the flexibility, resilience, and strength of its proven, value-focused strategy amidst fluctuating oil prices. In Q1 2025, the company sold 12,074 barrels of oil per day and 18,392 barrels of oil equivalent per day. Furthermore, Ring Energy, Inc. (NYSE:REI) announced the closing of its acquisition of Lime Rock's CBP assets in the Permian Basin. The majority of the assets remain similar to the conventional-focused CBP assets in the company's core Shafter Lake operations, enabling it to integrate the assets into the operations quickly. Ring Energy, Inc. (NYSE:REI) remains focused on generating FCF via cost reductions, divestitures of non-core assets, and acquisition of high-margin, low-break-even assets, utilising the excess cash to reduce debt as well as create value for stockholders throughout commodity price cycles. While we acknowledge the potential of REI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-07-2025
- Business
- Yahoo
VERSES® Announces Closing of C$9,573,758 (US$7,000,331) Public Offering of Units
VANCOUVER, British Columbia, July 14, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSD) ("VERSES'' or the "Company'), a cognitive computing company specializing in next-generation intelligent software systems, is pleased to announce that it has closed its previously announced public offering of 1,007,764 units (the 'Units') of the Company at a price of C$9.50 (US$6.946) per Unit (the 'Offering'). Pursuant to the Offering, the Company raised gross proceeds of approximately C$9,573,758 (US$7,000,331), before deducting commissions and estimated expenses incurred in connection with the Offering. Each Unit is comprised of one Class A Subordinate Voting Share of the Company (a 'Share') and one-half of one Share purchase warrant (each whole Share purchase warrant, a 'Warrant'). Each Warrant entitles the holder to purchase one Share of the Company (a 'Warrant Share') at an exercise price of C$11.50 (US$8.409) per Warrant Share at any time until the date that is 36 months from the date of issuance, subject to adjustment in certain events. The Offering was completed pursuant to an agency agreement dated July 8, 2025 among the Company, A.G.P. Canada Investments ULC and A.G.P./Alliance Global Partners (collectively, the 'Agents'). A.G.P. Canada Investments ULC acted as lead Agent for the Offering and A.G.P./Alliance Global Partners acted as U.S. Agent for the Offering. The net proceeds of the Offering are intended to strengthen the Company's financial position and provide liquidity to finance continuing operations, including, in particular, the Company's expenses incurred, and expected to be incurred, in connection with the Company's research and development objectives, and for working capital and general corporate purposes. In connection with the Offering, the Company paid the Agents a cash commission of C$450,000 and issued to the Agents 35,271 compensation warrants (the 'Compensation Warrants'). Each Compensation Warrant is exercisable into a Share at an exercise price of C$11.50 (US$8.409) per Share until the date that is 36 months after the date of issuance. In addition, the Company paid a cash fee of US$250,000 (C$341,904) and issued 75,000 corporate finance fee warrants to a financial advisor, with such corporate finance fee warrants having identical terms to the Compensation Warrants. The Offering was completed in Canada pursuant to a prospectus supplement dated July 9, 2025 (the 'Supplement') to the Company's base shelf prospectus receipted on September 26, 2024 (the "Base Shelf Prospectus"). The Supplement was filed with the securities commissions in all of the provinces and territories of Canada, except Quebec, and with the U.S. Securities and Exchange Commission (the 'SEC') in the United States. Copies of the Supplement and the Base Shelf Prospectus can be obtained on SEDAR+ at The Offering was conducted in the United States pursuant to a U.S. registration statement on Form F-10, declared effective by the SEC on October 1, 2024 (File No. 333-282301) (as amended, the 'Registration Statement'), which includes the Base Shelf Prospectus. The Registration Statement, including the Base Shelf Prospectus, as well as the Supplement are available in the United States on EDGAR at This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction. References to 'US$' are to United States dollars and references to or 'C$' are to Canadian dollars. On July 8, 2025, the noon buying rate as reported by the Bank of Canada for the conversion of one Canadian dollar into United States dollars was C$1.00 equals US$0.7312. The Shares are currently trading in Canada on the Cboe Canada exchange under the symbol 'VERS' and in the United States on the OTCQB under the symbol 'VRSSD'. About VERSES VERSES is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of Nature. On behalf of the Company Gabriel René, Founder & CEO, VERSES AI Inc. Press Inquiries: press@ Investor Relations Inquiries James Christodoulou, Chief Financial Officer, Verses AI 970-8889 Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking information" and 'forward-looking statements' under applicable securities laws. All information that addresses activities or developments that we expect to occur in the future is forward-looking information. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made. In this news release, such forward-looking statements include, but are not limited to, statements regarding the anticipated use of proceeds from the Offering. Actual results may differ materially from those set forth in this news release due to known and unknown risks and uncertainties affecting the Company, including the risks detailed in the Supplement, the accompanying Base Shelf Prospectus and the documents incorporated by reference therein. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update or revise such forward-looking information, whether as a result of new information, future events or results or otherwise. Investors are cautioned not to rely on these forward-looking statements and are encouraged to read the Supplement, the accompanying Base Shelf Prospectus and the documents incorporated by reference therein. The CBOE has not approved or disapproved the contents of this news release and is not responsible for the adequacy and accuracy of the contents herein.
Yahoo
08-07-2025
- Business
- Yahoo
United States Antimony Navigates Setbacks with Strategic Acquisition and Analyst Optimism
United States Antimony Corporation (NYSE:UAMY) is one of the . Amid supply chain disruption and new acquisitions, the company witnesses its Buy rating from Alliance Global Partners reiterated. A miner in a safety helmet working in an underground tunnel. United States Antimony Corporation (NYSE:UAMY) is a Texas-based company engaged in the mining, processing, and sale of antimony and zeolite products. The company's operations include antimony smelting in Montana and Mexico, and a zeolite mine in Idaho. It serves sectors such as flame retardants, batteries, and water filtration, among others. On March 17, 2025, Chinese Customs refused to clear the company's shipment of 50 tons of stibnite ore. The issue could not be resolved, and the shipment was returned to Australia, thus creating significant supply chain challenges for United States Antimony Corporation (NYSE:UAMY). Amid this challenge, on June 27, 2025, the company announced the successful acquisition of 100% of the ownership interest of Fostung Properties. With this acquisition, the company has control over 50 single-cell mining claims or 1,114 hectares located approximately 70 kilometers west-southwest of Sudbury, Ontario, Canada, near the town of Espanola. Following these developments, Alliance Global Partners reiterated their Buy rating on the stock while setting the price target of $5.25. With a consensus 1-year median price target of $5.00 and a closing price $2.18 as of June 30, 2025, United States Antimony Corporation (NYSE:UAMY) could potentially be one of the best high risk penny stocks to invest in right now. While we acknowledge the potential of UAMY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Low Risk Dividend Paying Stocks for June 2025 and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
