S&P 500
7,538.40
-0.15%
Dow Jones
52,605.70
+0.18%
Nasdaq 100
29,606.40
-0.48%
Russell 2000
2,989.61
-0.04%
FTSE 100
10,491.60
+0.11%
Nikkei 225
68,677.20
-0.51%

Investing

ADVENTRX Files To Raise Capital (ANX)

Photo of Jon C. Ogg
By Jon C. Ogg Published

ADVENTRX Pharmaceuticals, Inc. (AMEX: ANX) is trading lower after a filing from Thursday evening allowing the small company to raise capital.  Yahoo! Finance shows a market cap of only $18 million, but the SEC filing is meant to allow ADVENTRX to somehow raise up to $150 million with securities sales.

The filing specifies an allowance of one or more offerings of common stock, preferred stock, debt securities, warrants to purchase common stock, preferred stock or debt securities, or any combination thereof.

No investment banking firms and no terms were shown at all in the filing, which is often the case for shelf registration statements.

ADVENTRX shares are down 3.6% at $0.655 on the news and the 52-week trading range is $0.56 to $4.21.

Contact [email protected] for any questions or corrections.

Follow 24/7 Wall St. on Google
Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Douglas A. McIntyre |

Will Huntington Bancshares Raise Cash? (HBAN, HBANP)

Huntington Bancshares Incorporated (NASDAQ: HBAN) has filed a mixed-securities shelf registration with the SEC which will allow the company to…

Douglas A. McIntyre |

Petroleum Development Corporation Files To Raise Cash (PETD)

Petroleum Development Corporation (NASDAQ: PETD) has just filed a mixed shelf registration with the SEC to allow it to sell…

Jon C. Ogg |

ATP Oil & Gas Raising Capital (ATPG)

ATP Oil & Gas Corporation (NASDAQ: ATPG) has filed its paperwork with the Securities and Exchange Commission to raise capital. …

Douglas A. McIntyre |

Crocs Closer To Raising Cash (CROX)

CROCS Inc. (NASDAQ: CROX) may be closer to a capital raise if an amended filing from tonight clears the bar…

Jon C. Ogg |

Overseas Shipholding Files To Raise Capital (OSG)

Overseas Shipholding Group, Inc. (NYSE: OSG) has filed to raise capital in a $500 million securities shelf registration statement with the…

Judge Denies AMCs’ Proposed Settlement in APE Conversion Lawsuit
247patrick |

Judge Denies AMCs’ Proposed Settlement in APE Conversion Lawsuit

AMC’s plan to convert so-called APE units into common stock and raise fresh capital has hit another obstacle.

Douglas A. McIntyre |

Senomyx Files To Raise Cash (SNMX)

Senomyx Inc. (NASDAQ: SNMX) has just filed for a possible secondary offering or capital raise of up to $50 million. …

APE Surges 45% as AMC Announces Debt Exchange, Reverse Stock Split
247patrick |

APE Surges 45% as AMC Announces Debt Exchange, Reverse Stock Split

APE, AMC’s preferred equity units, jumped by 45% Friday after the cinema chain announced it raised $110 million of fresh…

Jon C. Ogg |

Sangamo Files To Raise Capital (SGMO)

SANGAMO BIOSCIENCES, INC. (NASDAQ: SGMO) has filed to raise capital.  The company filed with the SEC on Wednesday night to raise…

Top Gaining Stocks

Hewlett Packard Enterprise
HPE • Vol: 26,431,700
Norwegian Cruise Line
NCLH • Vol: 17,600,839
Lam Research
LRCX • Vol: 12,118,424
Invesco
IVZ • Vol: 4,557,369
AMD
AMD • Vol: 26,902,257

Top Losing Stocks

Coterra Energy
CTRA • Vol: 73,319,495
APA
APA • Vol: 4,400,255
New Pluto Global
PSKY • Vol: 18,873,941
Costco
COST • Vol: 4,545,300
Cincinnati Financial
CINF • Vol: 2,196,176