Gaia Plans Public Offering of Shares-March 2024-www.financetom.com

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Gaia Plans Public Offering of Shares

Feb 5, 2025 2:53 PM

05:40 PM EST, 02/05/2025 (MT Newswires) -- Gaia (GAIA) said Wednesday it plans to start an underwritten public offering of class A shares.

Underwriters in the offering will have a 45-day option to buy additional shares, according to the company.

Net proceeds from the offering will be used to enhance AI capabilities, develop the Gaia Community project, and for general corporate purposes.

Shares of Gaia were down 12% in after-hours activity.

Previous page： Why Is Senti Biosciences Stock Surging Over 400% On Monday? Next page： MicroStrategy Acquires 15,400 Bitcoins for $1.5 Billion

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.

Show More Comments

Related Articles >

Why Is Senti Biosciences Stock Surging Over 400% On Monday?

Dec 2, 2024

Senti Biosciences, Inc. ( SNTI ) stock is skyrocketing on Monday, with a strong session volume of 73.4 million compared to an average volume of 17.81 thousand, as per data from Benzinga Pro. The company reported initial clinical data from a Phase 1 trial of SENTI-202, a potential first-in-class Logic Gated off-the-shelf chimeric antigen receptor natural killer (CAR-NK) investigational cell...

MicroStrategy Acquires 15,400 Bitcoins for $1.5 Billion

Dec 2, 2024

11:44 AM EST, 12/02/2024 (MT Newswires) -- MicroStrategy ( MSTR ) said Monday in a filing with the US Securities and Exchange Commission that it acquired about 15,400 bitcoins for $1.5 billion between Nov. 25 and Dec. 1. The purchase was funded with $1.48 billion raised from the sale of about 3.7 million shares during the same period, the company...

Northstar Signs LOI for a Long-Term Lease on a Planned Ontario Facility

Dec 2, 2024

11:42 AM EST, 12/02/2024 (MT Newswires) -- Northstar Clean Technologies ( ROOOF ) on Monday said signed a letter of intent (LIO) for a long-term lease of an industrial-zoned property in Hamilton, Ontario, for a planned asphalt-shingle recycling facility in southwestern Ontario. The LOI, with a subsidiary of the Hamilton-Oshawa Port Authority (HOPA), is for an initial 15 years, with...

Citadel's flagship fund Wellington rose 1.8% in November, source says

Dec 2, 2024

NEW YORK, Dec 2 (Reuters) - Citadel's flagship hedge fund Wellington was up 1.8% in November, while its Tactical Trading fund rose 1.6%, a source familiar with the firm's preliminary performance said. Ken Griffin's Citadel has posted a double-digit performance on the year, with Wellington and Tactical Trading up 13.2% and 20%, respectively. Citadel declined to comment on the numbers....