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LOS ANGELES, Jan. 25, 2021 /PRNewswire/ B. Riley Financial, Inc. (NASDAQ: RILY) ( B. Riley or the Company ) today announced that it has closed an underwritten registered public offering of $200 million aggregate principal amount of 6.00% senior notes due 2028. The Company has granted the underwriters a 30-day option to purchase up to an additional $30 million aggregate principal amount of senior notes in connection with the offering.
B. Riley Financial and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency. The notes are expected to begin trading on NASDAQ under the symbol RILYT following the closing date of this offering.
Grom Social Enterprises, Inc. Announces the Engagement of Investment Banking Firm Kingswood Capital Markets
BOCA RATON, Jan. 21, 2021 via
NewMediaWire Grom Social Enterprises, Inc. (OTCQB:
GRMM) (“Grom”, the “Company”, “we”, “us”, or “our”), a social media platform and original content provider for children under the age of 13, announced today that it has retained the services of New York-based investment banking firm Kingswood Capital Markets, division of Benchmark Investments, Inc. (“Kingswood”) to assist in raising new capital, as well as fund the Company’s continuing general operations.
“The importance of the Kingswood engagement at this time cannot be overstated, as we continue to successfully execute on our growth strategies during these unprecedented, COVID-19 related times. Kingswood’s strategic influence and investment banking services will be an invaluable asset for Grom,” said Darren Marks, Grom’s Chairman and CEO.
COMSovereign Holding Corp. (NASDAQ: COMS) ("ComSovereign" or "Company"), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, today announced the pricing of an underwritten public offering of 3,855,422 units consisting of one share of common stock and one warrant exercisable for one share of common stock at a public offering price of $4.15 per unit for aggregate gross proceeds of $16,000,001 prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 578,312 units at the public offering price less the underwriting discounts and commissions. The offering is expected to close on January 26, 2021, subject to satisfaction of customary closing conditions.
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NEW YORK, Jan. 22, 2021 /PRNewswire/ FoxWayne Enterprises Acquisition Corp. ( FoxWayne or the Company ) announced today that has closed its initial public offering of 5,750,000 units at $10.00 per unit, which included the full exercise of the underwriters over-allotment option. The units are listed on the Nasdaq Capital Market ( Nasdaq ) under the ticker symbol FOXWU . Each unit consists of one share of the Company s Class A common stock and one redeemable warrant. Each warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols FOXW, and FOXWW, respectively.