Latest news with #capitalraising
Bloomberg
5 days ago
- Business
- Bloomberg
Broadband Operator Radiate Gets More Cash, Revamps Debt Stack
Stonepeak Partners -backed Radiate launched a deal to raise $400 million in fresh capital from its owner and also restructure existing debt, according to people with knowledge of the matter. The liquidity injection will be split across a second-out term loan and a third-out loan, said the people, who asked not to be identified discussing a private matter. The financing will pay-in-kind, which allows the cable provider to defer paying interest in cash and instead pay with additional debt, they said.
South China Morning Post
7 days ago
- Business
- South China Morning Post
Muyuan, BASiC, FS.com, Seer and Worldwide file to raise capital in Hong Kong's IPO flurry
Five mainland companies have filed preliminary listing applications with the Hong Kong stock exchange to raise capital, joining the flurry of Chinese start-ups that have pushed the city to the top of the global ranking for initial public offerings (IPOs). Advertisement The pack is led by Muyuan Foods, one of the world's largest hog breeders and pork producers, which may raise up to US$1 billion through a secondary listing. Shenzhen-listed Muyuan has appointed Morgan Stanley Asia, CLSA and Goldman Sachs (Asia) as the overall coordinators of its stock sale, using the proceeds from the IPO to fund its global expansion. BASiC Semiconductor, Shanghai Seer and Worldwide Logistics also applied to raise capital, according to their statements on Wednesday, without disclosing the size of the fundraising or the timing of their sales. The filings, known as A1 forms, mark the first step in the Hong Kong IPO process. None of the applications have received regulatory approval yet. Shanghai Seer makes industrial robots and autonomous forklifts. It picked China International Capital Corporation Limited as its overall coordinator. Worldwide Logistics, a freight forwarder based in Shanghai, has named CLSA and CMB International as its overall coordinators. Undated photographs of the automated forklifts produced by Shanghai Seer. Photo: Handout Hong Kong's IPO fundraising has ballooned sevenfold to HK$76 billion this week from the same period last year. The exchange, the world's top fundraising destination in seven of the previous 15 years, has raised nearly 90 per cent of last year's full-year proceeds in the first five months of 2025, Hong Kong Financial Secretary Paul Chan wrote in his Sunday's blog.
Reuters
7 days ago
- Business
- Reuters
China data centre group GDS aims to raise up to $631 million
SYDNEY, May 28 (Reuters) - Chinese data centre group GDS Holdings ( opens new tab, has launched an up to $631 million convertible bond and capital raising, according to a regulatory filing. The company has increased a seven-year convertible bond from $450 million to $500 million with a coupon range of between 2% and 2.5%, a term sheet reviewed by Reuters showed. There is an $50 million greenshoe option that could increase the size of the convertible bond, the term sheet said. GDS, which is listed on the Nasdaq and in Hong Kong, is also selling 5.2 million American Depository Shares (ADS) to raise up to $131 million. The shares are being offered at $24.25 to $25.25 each, the term sheet said. GDS's Nasdaq shares closed down 4.8% on Tuesday. The company said it plans to use the money raised for working capital and to pay down existing debt.
Bloomberg
27-05-2025
- Business
- Bloomberg
ALS to Raise Up to A$390 Million to Grow Laboratory Network
Australia's ALS Ltd. is seeking to raise up to A$390 million ($253 million) as the testing services company looks to expand its laboratory network. ALS plans to raise the capital through a fully underwritten A$350 million institutional placement, according to an exchange statement Tuesday. The new shares will be offered at A$16.70 apiece, representing a 5.3% discount to Monday's close. It will also undertake a non-underwritten share purchase plan of up to A$40 million.
Yahoo
26-05-2025
- Business
- Yahoo
Bold Ventures Announces Increase and Extension of Non-Brokered Private Placement and Closing of Third Tranche, and Signs Agreement with Investor News Network
Toronto, Ontario--(Newsfile Corp. - May 26, 2025) - Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") is pleased to announce that the offering of its non-brokered private placement first announced on April 11th will be increased by up to $150,000. The Company will be offering up to 9,000,000 working capital units (the "WC Units") of the Company at a price of $0.05 per WC Unit for up to $450,000, and up to 10,000,000 Flow Through units (the "FT Units") at a price of $0.06 per FT Unit for up to $600,000, both of which constitute the "Offering." The Offering has also been extended for up to a further thirty (30) days. The Company closed the third tranche of the Offering with subscriptions for 4,530,000 FT Units and 200,000 WC Units for gross proceeds of $281,800, for a total of 8,031,333 FT Units and 6,000,000 WC Units for gross proceeds of $781,879.98 for the Offering so far. The Offering will remain open until the earlier of the sale of the remaining WC Units and FT Units and June 23, 2025. The Company paid cash finder's fees of $14,830.00 and issued 245,5000 compensation warrants (the "Compensation Warrants") to eligible finders. Each Compensation Warrant entitles the holder to acquire one common share of the Company at $0.08 until November 23, 2026. The securities issued in the third tranche are subject to a hold period expiring on September 24, 2025. Insider Subscriptions Two insiders subscribed for 250,000 FT Units for proceeds of $15,000 on the closing of the third tranche of the Offering. The insider private placements are exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 ("MI 61-101") by virtue of the exemptions contained in sections 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company to be issued to the insiders does not exceed 25% of its market capitalization. The Offering Each WC Unit comprises one (1) common share of the Company priced at $0.05 and one full common share purchase warrant (a "WC Warrant") entitling the holder to acquire one (1) common share at a price of $0.06 until two years (24 months) following the closing of the Offering. The proceeds from the WC Units will be used for general working capital, property maintenance, exploration and expenses of the offering. Each FT Unit comprises one common share of the Company priced at $0.06 and one half (1/2) of a common share purchase warrant. One full common share purchase warrant (a "FT Warrant") and $0.08 will acquire an additional common share until eighteen (18) months following the closing of the Offering. The proceeds from the sale of the FT Units will be used for exploration work that qualifies for Canadian Exploration Expenses (CEE). Investor News Network Agreement The Company is also pleased to announce that it has signed a one year advertising and investor awareness campaign agreement with Dig Media Inc., dba Investing News Network ("INN"). Based in Vancouver, Canada, INN has offices in Toronto, New York and San Francisco. INN has been dedicated to providing independent news and education to investors since 2007. The term of the engagement is twelve months commencing May 26, 2025, subject to TSX Venture Exchange approval. The cost of the campaign is $24,000 plus HST. Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here. About Bold Ventures Inc. The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario. For additional information about Bold Ventures and our projects please visit or contact us at 416-864-1456 or email us at info@ "Bruce A MacLachlan" "David B Graham" Bruce MacLachlan David Graham President and COO CEO Direct line: (705) 266-0847Email: bruce@ Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATIONIN THE UNITED STATES To view the source version of this press release, please visit 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
