Crown Electrokinetics Corp. ( CRKN ) shares are trading lower by 17% to $0.08 during Wednesday's session after the company announced an offering of 300 million shares of its common stock from time to time, by Keystone Capital Partners. The company itself is not selling any securities through this prospectus and will not receive any proceeds from the resale of...

11:26 AM EDT, 06/05/2024 (MT Newswires) -- ArriVent BioPharma ( AVBP ) said Wednesday that it signed a collaboration agreement with Alphamab Oncology's Jiangsu Alphamab Biopharmaceuticals unit to discover, develop, and commercialize antibody drug conjugates for cancer treatment. The collaboration will leverage Alphamab's linker-payload platform and glycan-conjugation technology to identify ADCs, the company said, adding that ArriVent will have exclusive...

Fortuna Silver Mines Inc ( FSM ) shares are trading lower by 15% to $5.02 during Wednesday’s session after the company announced an offering of convertible senior notes worth $150 million, due in 2029, with an option for initial purchasers to buy an additional $22.5 million in notes. The proceeds will be used to repay bank debt, fund working capital,...

11:20 AM EDT, 06/05/2024 (MT Newswires) -- XTL Biopharmaceuticals (XTLB) said Wednesday it has signed an agreement to acquire The Social Proxy, a web data company. XTL said it will pay $430,000 to Social Proxy shareholders, and issue American depositary shares representing nearly 44.6% of its issued and outstanding share capital through a private placement. As part of the transaction,...