Travere Therapeutics (TVTX) on Wednesday announced the pricing of its underwritten offering of $475M aggregate principal amount of 0.50% convertible senior notes due 2032. The sale of the notes is ...
Convertible instruments held steady in Q1 2025, but the terms are shifting in favor of investors. Interest rates on convertible notes rose by 200 to 300 basis points, and discount rates climbed as ...
Tempus AI raise: The firm plans $350M in convertible notes, mainly to repay $307.7M in debt and fund capped calls to limit dilution. Scorpio upsizing: Scorpio Tankers boosted its offering to $200M and ...
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced that it closed the reopening of its 3.625% Convertible Unsecured Senior Notes due April ...
Repurchased $225 million principal amount of convertible notes removing approximately 8.3 million underlying shares as well as approximately $63.8 million of remaining interest Issued 9.45 million ...
Opportunistic capital raise with proceeds used to enhance strategic flexibility A portion of the proceeds to be used to purchase a hedge overlay to offset any share dilution up to a 150% premium to ...
For many early-stage startups, choosing between a convertible note and a SAFE (Simple Agreement for Future Equity) is one of the first critical legal and strategic financing decisions. While both ...
The company plans to use the proceeds to increase its Bitcoin reserves, manage debt, and limit shareholder dilution through capped call strategies. Today, MARA Holdings, Inc. (NASDAQ: MARA) announced ...
ON Semiconductor Corporation (Nasdaq: ON) (“onsemi”) announced today that it intends to offer, subject to market and other conditions, $1.3 billion aggregate ...
Bitdeer Technologies’ shares slid sharply today after announcing plans to raise $300 million through a private sale of convertible senior notes. Bitdeer Technologies’ shares slid sharply today after ...
EZCORP retires $103.4 million in convertible notes, converting $97 million into shares and repaying remaining balance in cash. EZCORP, Inc., a prominent provider of pawn transactions in the U.S. and ...
Bit Digital (BTBT) shares slid 8% at the U.S. market open, dropping to $2.92 after the company announced an upsized $135 million convertible note offering. Bit Digital increased the size of the 4.00% ...