financetom
Business
financetom
/
Business
/
Elevai Labs Closes $8 Million Securities Offering; Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Elevai Labs Closes $8 Million Securities Offering; Shares Rise After Hours
Sep 26, 2024 10:06 AM

05:44 PM EDT, 09/24/2024 (MT Newswires) -- Elevai Labs ( ELAB ) has closed a securities offering for about $8 million in gross proceeds, placement agent Univest Securities said late Tuesday.

The offering consisted of about 28.6 million common shares or pre-funded warrants in lieu of such shares for $0.28 each.

Elevai ( ELAB ) shares were up nearly 9% in after-hours activity.

Price: 0.1119, Change: +0.01, Percent Change: +8.64

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Commerzbank on Overnight News
Commerzbank on Overnight News
Dec 12, 2024
06:23 AM EST, 12/12/2024 (MT Newswires) -- Commerzbank in its European Sunrise note of Thursday highlighted: Markets: United States Treasuries slip further in late New York with a strong 10-year auction providing no support, bear-steepen in Asia. US equities close firm with Nasdaq at all-time highs, Asian equities rally. EUR stronger above $1.05, oil little changed. US: President-elect Donald Trump...
Adobe falls as annual revenue forecast triggers concerns on delayed AI returns
Adobe falls as annual revenue forecast triggers concerns on delayed AI returns
Dec 12, 2024
By Siddarth S (Reuters) - Shares of Adobe fell nearly 10% in premarket trading on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns that returns from AI investments into its software applications might take longer than expected. While the company remains on track with its GenAI product roadmap, we think the lack of ... explicit monetization...
Cenovus Energy forecasts higher production in 2025
Cenovus Energy forecasts higher production in 2025
Dec 12, 2024
Dec 12 (Reuters) - Canada's Cenovus Energy ( CVE ) forecast higher production in 2025 on Thursday, banking on benefiting from new projects coming online. The company forecast its upstream production between 805,000 and 845,000 barrels of oil equivalent per day (boepd) for 2025, compared with 770,000 boepd to 810,000 boepd expected this year. Cenovus will deliver important milestones on...
Kroger's $7.5 Billion Buyback Blitz: Eyes Lower Grocery Prices And Big Returns After Albertsons Pivot
Kroger's $7.5 Billion Buyback Blitz: Eyes Lower Grocery Prices And Big Returns After Albertsons Pivot
Dec 12, 2024
Kroger Company ( KR ) shares are trading higher premarket on Thursday. The company disclosed the termination of its merger agreement with Albertsons Companies, Inc. ( ACI ) following a preliminary injunction by the U.S. District Court in Oregon. U.S. District Judge Adrienne Nelson ruled in favor of the U.S. Federal Trade Commission (FTC) in a decision filed in Oregon federal court...
Copyright 2023-2026 - www.financetom.com All Rights Reserved