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BALTIMORE, May 27, 2021 /PRNewswire/
Under Armour, Inc. (NYSE: UA, UAA) today announced that it has entered into exchange agreements with certain holders (the Noteholders ) of its 1.50 percent Convertible Senior Notes due 2024 (the 2024 Notes ). The Noteholders have agreed to exchange $250 million in aggregate principal amount of Under Armour s outstanding 2024 Notes for cash and/or shares of Under Armour s Class C common stock, plus payment for accrued and unpaid interest.
The number of shares of Class C common stock to be issued by Under Armour to the Noteholders will be determined based upon a volume-weighted average price per share of Class C common stock during an averaging period commencing today.
The long-awaited pullback in the crypto space is finally upon us. Is it the literal end for cryptocurrencies? One should probably default heavily toward the “No” answer on that question. Given that notion, the time is now for assembling the shopping list.
One new theme that has entered the picture is the issue of investors favoring a crypto regime that aligns itself with the climate change agenda. More specifically, the crypto future is probably built by operations that target zero carbon emissions in mining, and eventually, in transactions.
This has been most notably advanced as a defining concept in the space by Elon Musk’s sudden about-face on Bitcoin acceptance for Tesla cars on Wednesday afternoon of last week.
Rule 2.5 Announcement: Xeris Pharmaceuticals, Inc. to Acquire Strongbridge Biopharma plc in Stock and CVR Transaction, Creating an Innovative Leader in Endocrinology and Rare Diseases
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
THIS ANNOUNCEMENT IS BEING MADE PURSUANT TO RULE 2.5 OF THE IRISH TAKEOVER RULES
FOR IMMEDIATE RELEASE
Transaction Creates Fast-Growing Biopharmaceutical Company with Two Commercial Assets and Robust Clinical Pipeline with Multiple Near-term Inflection Points
Diversifies Revenue Base with Two Rapidly Growing Brands in Xeris Gvoke® and Strongbridge s KEVEYIS®
Yesterday brought falls and then no little panic to the world of Bitcoin and the other cryptocurrencies. This is how the London Financial Times reported events.
Cryptocurrency markets swung in chaotic trading and related stocks were hit after Chinese regulators signalled a crackdown on the use of digital coins, which have soared in price this year. Bitcoin tumbled as much as 30 per cent to a low of $30,101, before clawing back its losses to less than 8 per cent.
The selling was quite a panic as human emotion took over and I noted people tweeting that it had hit US $32k almost immediately after they had tweeted it had hit US $33k. Those sort of falls are described variously as catching a falling knife or piano as buyers find that purchases immediately go sharply offside. There is an element of time here because there is invariably a bounce if you can hold you position long enough. It is usually triggered by what is called a “capitulation” with someone getting out at any price an
Facebook And Regeneron Lead The Nasdaq Lower Tuesday
The
The
The
Here are the day s winners and losers, according to data from Benzinga Pro.
Top gainers for the Nasdaq Tuesday were
Fox Corp Class B (NASDAQ:FOX),
NetEase Inc (NASDAQ:NTES) and
JD.Com Inc (NASDAQ:JD)
Facebook, Inc. (NASDAQ:FB),
Regeneron Pharmaceuticals Inc (NASDAQ:REGN) and
Ross Stores, Inc. (NASDAQ:ROST) were among the top losers in the QQQ Tuesday.
Elsewhere On The Street
Nio Inc (NYSE:NIO) this week from New York Mellon Corporation’s U.S. investment bank. The bank purchased an additional 508,000 shares of the Chinese electric vehicle maker in the first quarter of 2021…