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SYDNEY, Dec. 7, 2022 /PRNewswire/ Parnell Pharmaceuticals Holdings Ltd (OTC Pink Open Market: PARNF) ("Parnell") today commenced its previously announced backstopped rights offering to raise gross proceeds of approximately US$4.0 million (the "Rights Offering"). Under the terms of the Rights Offering, at no charge, the qualifying shareholders as of 5:00 PM (Eastern Time), on December 6, 2022 (the "Record Date"), of Parnell's fully paid ordinary shares of common stock ("Ordinary Shares") are entitled to exercise their subscription rights to purchase their pro rata share of the US$4.0 million offering amount, as more fully described in the offering circular (the "Offering Circular") issued in connection with the Rights Offering. Each subscription right may be exercised to purchase 1.8585 Ordinary Shares at a subscription price equal to US$0.075 per share. No fractional shares will be issued. The subscription rights may be exercised ....
TROY, Mich., June 9, 2022 /PRNewswire/ Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence, today announced its intention to offer, subject to market conditions and other factors,$200 millionaggregate principal amount of Convertible Senior Notes due 2027 (the "notes") in a private offering (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").Altairalso expects to grant the initial purchaser of the notes a 13-day option to purchase up to an additional$30 millionaggregate principal amount of notes (the "additional notes"). The notes will be senior, unsecured obligations ofAltair, and interest on the notes will be payable semi-annually in arrears. Upon conversion, Altair will satisfy its conversion obligation by paying and/or delivering, as the case may be, cash, shares of Altair's Cl ....
SINGAPORE, June 13, 2022 /PRNewswire/ Tiger Brokers, a leading online brokerage firm focusing on global investors, embraces its 8th anniversary with steady growth in its customer base in 2022 Q1. According to the company's latest earnings release, Tiger Brokers now has nearly 1.9 million account holders and with the newly 30,150 funded accounts in Q1, the company's total number of funded accounts now reaches 703,500, an increase of 87.1% from the same quarter last year. Notably, since the implementation of its internationalization strategy two years ago, more than 80% of its newly funded accounts currently come from international markets. Particularly in Singapore, where the total number of registered accounts now represents 19% of its population aged between 20 and 70, putting Tiger Brokers in a better than ever position to maintain its market leadership and continue to be the go-to platform for local investors to trade with ease. The company recently entered the Australian m ....