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Posts related to ‘Secondary Offering’

Dollar General Secondary Lightens Private Equity Stakes… Buffett Involved? (DG, GS, KKR, BRK-B)

Posted: March 27, 2012 at 8:55 am

Dollar General Corporation (NYSE: DG) is holding a public secondary offering of 25 million shares which are being sold by private equity backers who still own a large part of ...
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Plug Power Raises Capital By Selling Shares Too Cheap, Untimely (PLUG)

Posted: March 23, 2012 at 10:04 am

Plug Power Inc. (NASDAQ: PLUG) is a company which we accused of plugging its shareholders on Thursday with the filing of a secondary offering to raise capital.  In an underwritten ...
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Zynga Preps Secondary Offering (ZNGA, GOOG)

Posted: March 23, 2012 at 9:52 am

Zynga Inc. (NASDAQ: ZNGA) has filed a Form S-1/A with the US Securities and Exchange Commission (SEC) to sell about 43 million shares of class A common stock. None of ...
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Zynga Founder & Backers Selling Almost $600 Million in Stock, Already (ZNGA)

Posted: March 23, 2012 at 8:37 am

Zynga Inc. (NASDAQ: ZNGA) is doing something rather tacky this morning.  The company has not been public for very long and it is already filing to sell shares for insiders.  ...
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Plug Power Plugs Its Shareholders With Poorly Timed Secondary Offering (PLUG)

Posted: March 22, 2012 at 4:36 pm

Plug Power Inc. (NASDAQ: PLUG) is effectively plugging its shareholders.  The alternative and clean-energy player has announced that it intends to offer its common stock in an underwritten public offering ...
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Micron Squeezes By on Earnings, Comparables Weak (MU)

Posted: March 22, 2012 at 4:11 pm

Micron Technology, Inc., (NASDAQ: MU) has announced its quarterly earnings report.  The DRAM giant reported a wider net loss attributable to shareholders of $224 million, or -$0.23 in earnings per ...
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FuelCell Hammers Holders With Large Secondary Offering (FCEL)

Posted: March 22, 2012 at 11:07 am

FuelCell Energy Inc. (NASDAQ: FCEL) is taking it on the chin this morning on news that the company is raising capital.  A secondary offering of 20 million shares may sound like ...
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DryShips Unloading Ocean Rig UDW Shares (ORIG, DRYS)

Posted: March 21, 2012 at 6:57 am

Ocean Rig UDW Inc. (NASDAQ: ORIG) had a filing on Tuesday evening that allows DryShips Inc. (NASDAQ: DRYS), its principal shareholder, to offer up to $100,000,000 in common stock via a public ...
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Amerigon Hammers Holders With Capital Raise (ARGN)

Posted: March 20, 2012 at 8:15 am

Amerigon Incorporated (NASDAQ: ARGN) is hammering its shareholders with a secondary offering.  The public secondary offering is for 4,600,000 shares of common stock and the price is coming out at $15.25 ...
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BofA Secondary Rumors Weighing (BAC)

Posted: March 19, 2012 at 3:58 pm

Bank of America Corporation (NYSE: BAC) was doing very well earlier and it hit $10.00 for the first time since August 1, 2011 earlier this morning.  That was before the ...
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A Lucky Escape For Dunkin’ Holders From Secondary Offering (DNKN)

Posted: March 19, 2012 at 3:22 pm

Usually when you get a filing for a large secondary offering of stock into an IPO lock-up period it tends to hurt the shares of the underlying company.  Dunkin' Brands ...
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Discovery Labs Shareholders Get Smacked on Secondary Offering (DSCO)

Posted: March 16, 2012 at 3:03 pm

Respiratory drug maker Discovery Laboratories Inc. (NASDAQ: DSCO) priced a secondary offering of slightly more than 16 million shares this morning, and the stock is getting pummeled as a result. ...
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OncoGenex Prices Secondary Offering, Shares Fall (OGXI)

Posted: March 16, 2012 at 12:47 pm

Cancer therapy developer OncoGenex Pharmaceuticals Inc. (NASDAQ: OGXI) has priced a secondary offering of 4.165 million common shares at $12.00/share, a discount of 31% to yesterday’s closing price of $17.43. ...
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SciClone Raising Capital (SCLN)

Posted: March 16, 2012 at 7:15 am

SciClone Pharmaceuticals Inc. (NASDAQ: SCLN) has filed to raise capital, some for the company and some for its existing shareholders. The filing with the SEC includes the sale of any ...
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Caesars Files To Unload $500 Million More in Stock (CZR)

Posted: March 15, 2012 at 11:57 am

Caesars Entertainment Corporation  (NASDAQ: CZR) has just filed to sell up to $500 million shares of common stock.  If you will recall, this was a tiny initial public offering and ...
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