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Kensington Capital Acquisition Corp II Announces Pricing of $200,000,000 Initial Public Offering
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Kensington Capital Acquisition Corp II Announces Pricing of $200,000,000 Initial Public Offering
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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stifel Financial Acquires North Atlantic Capital’s Future Venture Investment Business
Stifel Financial CorporationFebruary 19, 2021 GMT
ST. LOUIS and PORTLAND, Maine, Feb. 19, 2021 (GLOBE NEWSWIRE) Stifel Financial (NYSE: SF) today announced an agreement to acquire the future business of North Atlantic Capital Corporation, based in Portland, Maine. The acquisition further positions Stifel as an active manager of small business investment corporations (“SBIC”) and of venture capital (“VC”) funds. In addition to the acquisition, Stifel has made a financial commitment to invest in the next North Atlantic SBIC. North Atlantic has been re-branded North Atlantic Capital – a Stifel Company.
SiTime Corporation Announces Launch of Follow-on Public Offering
SANTA CLARA, Calif., Feb. 16, 2021 (GLOBE NEWSWIRE) SiTime Corporation (Nasdaq: SITM), a leader in MEMS timing, announced today it has publicly filed an automatic shelf registration statement on Form S-3 and a preliminary prospectus supplement with the U.S. Securities and Exchange Commission related to a proposed follow-on public offering of 3,000,000 shares of its common stock, consisting of 1,500,000 shares of common stock to be sold by MegaChips Corporation and 1,500,000 shares to be issued and sold by SiTime. In addition, SiTime intends to grant the underwriters a 30-day option to purchase up to 450,000 additional shares of common stock from SiTime. SiTime will not receive any proceeds from the sale of shares of common stock by MegaChips Corporation. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of
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