05:12 AM EST, 12/31/2024 (MT Newswires) -- FibroBiologics ( FBLG ) said late Monday it has closed the second $5 million tranche of its standby equity purchase agreement with YA II PN, an investment fund managed by Yorkville Advisors Global. The biotech company said it expects to use net proceeds from the financing tranche for general corporate purposes. The equity...

04:55 AM EST, 12/31/2024 (MT Newswires) -- SiriusPoint ( SPNT ) said late Monday it has agreed to repurchase all of its shares and warrants held by CM Bermuda for $733 million. Payment will be made in two tranches, with the first payment of $250 million effective immediately and the second for $483 million by Feb. 28. The company said...

04:47 AM EST, 12/31/2024 (MT Newswires) -- Nxu (NXU) on Monday filed a registration statement for the proposed resale from time to time by selling shareholders of up to 114.5 million shares of class A common stock. The company said in its preliminary prospectus that it does not expect to receive any proceeds from the potential sale. Nxu shares were...

04:33 AM EST, 12/31/2024 (MT Newswires) -- Gaxos.ai ( GXAI ) said late Monday it closed a registered direct offering of about 1.3 million shares at $3 per share. The company also issued unregistered warrants to purchase up to about 1.3 million shares with an exercise price of $3 per share. The company said gross proceeds from the offering were...