Kneat Raises $35.6 Million in a Bought-Deal Financing-March 2024-www.financetom.com

Kneat Raises $35.6 Million in a Bought-Deal Financing

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

Kneat Raises $35.6 Million in a Bought-Deal Financing

Oct 10, 2024 11:13 PM

11:13 AM EDT, 10/10/2024 (MT Newswires) -- Kneat (KSI.TO) on Thursday said it closed a bought-deal offering, raising $35.6 million.

The company issued 7.5-million shares, priced at $4.75 each and the over-allotment option was partially exercised.

Proceeds will be used for product development, partnerships and go to market, and debt management.

Kneat was last seen up $0.06, to $4.70 on the Toronto Stock Exchange.

Price: 4.70, Change: +0.06, Percent Change: +1.29

Previous page： Galera Therapeutics Insider Bought Shares Worth $499,979, According to a Recent SEC Filing Next page： Cencora raises annual profit forecast

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 >

Galera Therapeutics Insider Bought Shares Worth $499,979, According to a Recent SEC Filing

Jan 2, 2025

04:20 PM EST, 01/02/2025 (MT Newswires) -- Nancy T Chang, 10% Owner, Director, on December 30, 2024, executed a purchase for 7,644,932 shares in Galera Therapeutics ( GRTX ) for $499,979. Following the Form 4 filing with the SEC, Chang has control over a total of 7,644,932 shares of the company, with 7,644,932 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1563577/000090514825000010/xslF345X05/form4.xml ...

Cencora raises annual profit forecast

Jan 2, 2025

Jan 2 (Reuters) - Drug distributor Cencora ( COR ) raised its annual adjusted profit forecast on Thursday. Excluding one-off items, the company now sees its 2025 profit to be between $15.15 and $15.45 per share, compared with its previous range of $14.80 to $15.10 per share. ...

Paylocity Holding Insider Sold Shares Worth $923,728, According to a Recent SEC Filing

Jan 2, 2025

04:16 PM EST, 01/02/2025 (MT Newswires) -- Steven I Sarowitz, 10% Owner, Director, on December 30, 2024, sold 4,612 shares in Paylocity Holding ( PCTY ) for $923,728. Following the Form 4 filing with the SEC, Sarowitz has control over a total of 8,850,335 shares of the company, with 8,330,335 shares held directly and 520,000 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1591698/000159169825000002/xslF345X05/wk-form4_1735852448.xml...

Steelworkers' Union Rejects Latest Offer by Nippon Steel to Buy US Steel

Jan 2, 2025

04:16 PM EST, 01/02/2025 (MT Newswires) -- US Steel's (X) unionized employees again rejected the latest offer by Nippon Steel to keep its $14.9 billion buyout effort alive, with a statement posted by the United Steelworkers to the union's website describing the Japanese steelmaker's proposal as a 'Hail Mary' pass destined to fall to the ground. Nippon's latest offer for...