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MemComputing Announces New Advisory Board Members

MemComputing Announces New Advisory Board Members Renowned Oil and Gas leaders to guide the company through future growth News provided by Share this article Share this article SAN DIEGO, April 8, 2021 /PRNewswire/  MemComputing, Inc., developer of disruptive high-performance computing technology, today announced the introduction of two new advisors to the company. By leveraging their combined expertise in the Oil and Gas industry, Scott Nelson and David Wesson will provide valuable insight and help direct the company through its continued presence and growth in Oil and Gas. We are thrilled to welcome these distinguished leaders to advise our company on the Oil and Gas Industry, said John Beane, CEO of MemComputing, Inc. Their knowledge and experience in key areas across the energy chain will play a critical role in guiding strategic decisions and building new relationships. I am proud to have them on board as I m confident they will make a significant impact to strengthe

Oil States Announces Pricing of $135 Million Principal Amount of Convertible Senior Notes Due 2026

Oil States Announces Pricing of $135 Million Principal Amount of Convertible Senior Notes Due 2026 Oil States International, Inc. Houston, Texas, UNITED STATES HOUSTON, March 16, 2021 (GLOBE NEWSWIRE) Oil States International, Inc. (NYSE:OIS) (the “Company”) announced that it has priced a private offering of $135 million principal amount of its 4.75% convertible senior notes due 2026 (the “Notes”). The Company also granted the initial purchasers the option to purchase, during a 13-day period beginning on, and including, the first date on which the Notes are issued, up to an additional $15 million aggregate principal amount of the Notes. The Notes were only offered to persons reasonably believed to be qualified institutional buyers (as defined in the Securities Act of 1933, as amended (the “Securities Act”)), pursuant to Rule 144A under the Securities Act. The closing of the transaction is subject to customary closing conditions, and the Not

Why Oil States International Stock Is Slumping Today

Author Bio Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo What happened Shares of  Oil States International (NYSE:OIS) had declined by more than 11% by 10:30 a.m. EDT on Wednesday. Weighing on the oil stock was the pricing of a convertible debt offering.  So what Oil States International priced a private offering of $135 million in 4.75% convertible senior notes due in 2026. It also granted purchasers the option to buy up to another $15 million of the notes. They will mature on April 1, 2026, unless repurchased, redeemed, or converted. Oil States has the option to redeem all or a portion of the notes on or after April 6, 2024. 

Why Oil States International Stock Is Slumping Today

Why Oil States International Stock Is Slumping Today
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