Latest news with #ClassAcommonstock
Globe and Mail
13-08-2025
- Business
- Globe and Mail
ProFrac Holding Corp. Announces Proposed Public Offering of Class A Common Stock
ProFrac Holding Corp. (NASDAQ: ACDC) ('ProFrac' or the 'Company') today announced that it has commenced an underwritten public offering of $75,000,000 of its Class A common stock (the 'Offering'). The Company intends to grant the underwriters a 30-day option to purchase up to an additional $11,250,000 of its Class A common stock. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. The Company intends to use the net proceeds from the Offering to repay borrowings outstanding under the Company's senior secured asset-based revolving credit agreement, to pursue potential investment opportunities and for working capital and other general corporate purposes. J.P. Morgan Securities LLC and Piper Sandler & Co. are acting as joint book-running managers for the Offering. The Offering will be made only by means of a prospectus supplement and the accompanying base prospectus, which were filed as part of an effective shelf registration statement filed with the Securities and Exchange Commission ('SEC') on Form S-3. Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the Offering, as well as copies of the final prospectus supplement, once available, may be obtained on the SEC's website at or by contacting J.P. Morgan Securities LLC, attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@ or postsalemanualrequests@ or Piper Sandler & Co., by mail at attention: Prospectus Department, 350 North 5th Street, Suite 1000, Minneapolis, MN 55401, by telephone at (800) 747-3924 or by email at prospectus@ This press release does not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities, nor shall there be any sale of these securities in any state or 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 jurisdiction. About ProFrac Holding Corp. ProFrac Holding Corp. is a technology-focused, vertically integrated and innovation-driven energy services holding company providing hydraulic fracturing, proppant production, related completion services and complementary products and services to leading upstream oil and natural gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. ProFrac operates through three business segments: Stimulation Services, Proppant Production and Manufacturing, in addition to Other Business Activities. Cautionary Statement Regarding Forward-Looking Statements Certain statements in this press release may be considered 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be accompanied by words such as 'may,' 'expect,' 'intend,' 'will,' 'estimate,' 'anticipate,' 'believe,' 'predict,' or similar words. All statements, other than statements of historical fact included in this release, including those regarding the timing and sizing of the Offering, are forward-looking statements. Such forward-looking statements are based upon assumptions made by the Company as of the date hereof and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: changes in market conditions, the risk that the Offering will not be consummated on the terms or in the amounts contemplated or otherwise, and the satisfaction of customary closing conditions related to the Offering, as well as the risks and uncertainties discussed in the preliminary prospectus supplement for the Offering and other risks and uncertainties set forth in the sections entitled 'Risk Factors' and 'Cautionary Statement Regarding Forward-Looking Statements' in the Company's filings with the SEC, which are available on the SEC's website at
Globe and Mail
12-08-2025
- Business
- Globe and Mail
Circle Launches Public Offering
Circle Internet Group, Inc. (NYSE: CRCL) ('Circle'), a global financial technology company and stablecoin market leader, today announced the launch of a public offering of 10,000,000 shares of its Class A common stock. Circle is offering 2,000,000 shares of Class A common stock and the selling stockholders are offering 8,000,000 shares of Class A common stock. In connection with the offering, Circle is expected to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock. J.P. Morgan, Citigroup, and Goldman Sachs & Co. LLC are acting as joint lead active bookrunners for the offering. The offering will be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@ and postsalemanualrequests@ Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-800-831-9146; or Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 866-471-2526 or by email at prospectus-ny@ A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or 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 jurisdiction. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. About Circle Internet Group, Inc. Circle (NYSE: CRCL) is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle is building the world's largest, most-widely used, stablecoin network, and issues, through its regulated affiliates, USDC and EURC stablecoins. Circle provides a comprehensive suite of financial and technology services that empower enterprises and developers to integrate stablecoins and blockchains into their products, services and business operations.
Yahoo
12-08-2025
- Business
- Yahoo
Roku Delivers Stronger Than Expected Platform Revenue, Raises Outlook
Roku platform revenue, which includes ad sales, content sales and subscription-revenue, reached $975.5 million in its second quarter, up 18 percent year-over-year and above the company's guidance and analyst expectations. The company attributed this to strong performance in video advertising and the acquisition of streaming service Frndly in May. And, in turn, the company raised its full-year outlook on platform revenue to $4.075 billion and adjusted EBITDA to $375 million. Additionally, Roku announced that it will initiate a stock repurchase program authorizing the purchase of up to $400 million of Class A common stock. More from The Hollywood Reporter Roku Snags Documentary on Philadelphia Eagles Super Bowl Win (Exclusive) Roku Head of Content David Eilenberg Exits to Become Creative Director at ITV America Roku Buying Subscription Streaming Service Frndly TV for $185M In June, the company announced an integration with Amazon that connects Amazon advertisers with users on the Roku platform across its major streaming apps, including The Roku Channel. Total net revenue was $1.1 billion, up 15 percent year over year. Gross profit was $498 million, up 17 percent and streaming hours were 35.4 billion, up 5.2 billion hours. Devices revenue was $136 million, down six percent year over year, and slightly above the company outlook. Growth in streaming services distribution activities was driven by an increase in Premium Subscription sign-ups, according to Roku, as well as the continued impact of last year's price increases on subscription-based services. As the company previously stated, it will no longer provide quarterly updates on streaming households and ARPU. As of the first week of January, Roku stated that it had reached more than 90 million streaming households, and it says it is on track to reach 100 million streaming households in 2026. The company expects third-quarter revenue of $1.2 billion, with platform revenue expected to grow 16 percent year over year. Roku is on track to be operating income positive in Q4 of 2025 and for full year 2026. Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire
Yahoo
06-08-2025
- Business
- Yahoo
Coinbase shares fall after $2 billion convertible notes offering
-- Coinbase Global (NASDAQ:COIN) stock fell 1% on Tuesday morning after the cryptocurrency exchange announced plans to offer $2 billion in convertible senior notes to qualified institutional buyers. The company intends to offer $1 billion in notes due 2029 and another $1 billion due 2032, with an option for initial purchasers to buy an additional $150 million of each series. The notes will be senior, unsecured obligations with interest payable semi-annually, and will be convertible into cash, shares of Coinbase's Class A common stock, or a combination at the company's discretion. In connection with the offering, Coinbase plans to enter into capped call transactions to reduce potential dilution to its Class A common stock upon conversion of the notes. The company will use part of the proceeds to fund these transactions, with the remainder allocated for general corporate purposes including working capital, capital expenditures, investments, acquisitions, and potential repurchases of existing debt securities. Related articles Coinbase shares fall after $2 billion convertible notes offering Apollo economist warns: AI bubble now bigger than 1990s tech mania If Powell goes, does Fed trust go with him? Sign in to access your portfolio
Yahoo
06-08-2025
- Business
- Yahoo
RAMACO RESOURCES, INC. ANNOUNCES PRICING OF UPSIZED $200 MILLION PUBLIC OFFERING
LEXINGTON, Ky., Aug. 5, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco Resources" or the "Company") announced today the pricing of an upsized underwritten public offering of Class A common stock (the "Offering"). The Company is selling 10,666,667 shares of Class A common stock in the Offering at a public offering price of $18.75 per share. The aggregate gross proceeds to the Company from the Offering are expected to be approximately $200 million, before deducting underwriting discounts, commissions and other Offering expenses. All shares of Class A common stock to be sold in the Offering, other than the shares subject to the over-allotment option, will be offered by the Company. In connection with the Offering, Yorktown Energy Partners IX, L.P., Yorktown Energy Partners X, L.P. and Yorktown Energy Partners XI, L.P. (collectively, "Yorktown"), selling stockholders of the Company, have granted the underwriters a 30-day option to purchase up to an additional $30 million of the Company's Class A common stock at the public offering price, less the underwriting discount. The Company currently intends to use the net proceeds from the Offering to fund the acceleration of its development of its rare earth elements and critical minerals project, for strategic growth opportunities and for general corporate purposes. The Company will not receive any proceeds from the sale of shares of the Class A common stock by Yorktown, in the event that the underwriters exercise their option to purchase additional shares. The Offering is expected to close on August 7, 2025, subject to the satisfaction of customary closing conditions. Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as lead joint book-running managers of the Offering. A shelf registration statement relating to the offered securities was filed with the Securities and Exchange Commission (the "SEC") and was automatically effective upon filing on August 5th, 2025. A preliminary prospectus supplement and accompanying prospectus relating to the offering has been filed, and a final prospectus supplement and accompanying prospectus relating to the Offering will be filed, with the SEC and will be available on the SEC's website, located at Copies of the final prospectus supplement and the accompanying prospectus relating to this Offering may be obtained, when available, from the offices of Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or the offices of Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attention: Prospectus Department, by telephone at (866) 471-2526, or by email at prospectus-ny@ 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 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 jurisdiction. ABOUT RAMACO RESOURCES Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, and southwestern Virginia and a developing producer of coal, rare earth and critical minerals in Wyoming. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has four active metallurgical coal mining complexes in Central Appalachia and one development rare earth and coal mine near Sheridan, Wyoming in the initial stages of production. In 2023, the Company announced that a major deposit of primary magnetic rare earths and critical minerals was discovered at its mine near Sheridan, Wyoming. Contiguous to the Wyoming mine, the Company operates a carbon research and pilot facility related to the production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of roughly 76 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks. For more information about Ramaco Resources, please contact investor relations at (859) 244-7455. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of the words such as "estimate," "plan," "shall," "may," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "target," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, expectations regarding the closing of the proposed offering of the Company's Class A common stock and the use of proceeds therefrom. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Ramaco Resources. When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements described under, but not limited to, the headings "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025, and the Company's other filings with the SEC. If any of these risks materialize or the Company's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Ramaco Resources does not presently know or that Ramaco Resources currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Ramaco Resources' expectations, plans or forecasts of future events and views as of the date of this press release. Ramaco Resources anticipates that subsequent events and developments will cause Ramaco Resources' assessments to change. However, while Ramaco Resources may elect to update these forward-looking statements at some point in the future, Ramaco Resources specifically disclaims any obligation to do so, unless required by applicable law. These forward-looking statements should not be relied upon as representing Ramaco Resources' assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. View original content: SOURCE Ramaco Resources, Inc. 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
