Mergers & Acquisitions
Second Most Active U.S. Public M&A Environment on Record
The dollar value of newly announced Merger and Acquisition deals with U.S. publicly traded target companies surged to its highest first half level since the record was set in 2015. According to Deal Point Data’s research, $508 billion dollars of M&A deals were announced during the first six months of 2019. First half activity was only 1.7% below the all-time high and 85% above the 10-year average level. On a year-over-year basis, dollar volume increased 15.1% in June, 4.6% in Q2, and 10.2% for the half year. On a sequential basis, the first half of 2019 was up 94.4% compared to the second half of 2018. In a sign that the market was not overheating, the average unaffected control premium was a moderate 29.96% during the first half, 20.4% below the ten-year average. Goldman, Sachs topped the Deal Point Data investment banking league table for announced U.S. public target deals during the first half advising on $162.3 billion in deals. Wachtell Lipton advised on $142.4 billion in announced deals to earn the number one ranking among legal advisers.
Top 5 Largest U.S. Public M&A
Deals Announced during First Half 2019
| Target | Acquirer | Equity Value ($bil) |
|---|---|---|
| Celgene Corporation | Bristol-Myers Squibb Company | 71.6 |
| Raytheon Company | United Technologies | 52.0 |
| Anadarko Petroleum | Occidental Petroleum | 37.9 |
| Worldpay, Inc. | Fidelity National Information Services | 34.8 |
| SunTrust Banks | BB&T Corporation | 28.2 |
Market Leaders - U.S. Public Mergers
Wachtell, Lipton, Rosen & Katz was the top ranked legal adviser on U.S. public M&A deals announced during the first half of 2019. Wachtell advised on 14 public deals valued at $249.4 billion. Kirkland & Ellis ranked second in the high-profile public M&A advisory market while Skadden rounded out the top three.
| Rank | Firm | Equity Value ($bil) |
|---|---|---|
| 1 | Wachtell, Lipton, Rosen & Katz | 249.4 |
| 2 | Kirkland & Ellis | 100.8 |
| 3 | Skadden | 88.4 |
M&A Adviser Fee Watch
As of July 1, 2019, record M&A advisory fees of $2.03 billion have already been disclosed on U.S. public deals announced during the first half of 2019. Goldman led the market with $447 million in fees disclosed. JP Morgan took second place among financial advisers. Morgan Stanley rounded out the top three in disclosed fees.
Corporate Governance Activity
Advaxis, Inc.14 Feb 20
Governing Documents Filing (Change)
Filing: On February 12, 2020, the Board of Directors (the "Board") of Advaxis, Inc. (the "Company") amended and restated the Company's by-laws, effective immediately, to implement a majority voting standard for directors in uncontested director elections. In particular, the amended and restated by-laws (the ... (8-K )
Filing: On February 12, 2020, the Board of Directors (the "Board") of Advaxis, Inc. (the "Company") amended and restated the Company's by-laws, effective immediately, to implement a majority voting standard for directors in uncontested director elections. In particular, the amended and restated by-laws (the ... (8-K )
American Axle & Manufacturing Holdings, Inc.14 Feb 20
Discloses AGM Date
Filing: Portions of the registrant's Annual Report to Stockholders for the year ended December 31, 2019 and Proxy Statement for use in connection with its Annual Meeting of Stockholders to be held on May 7, 2020, to be filed with the Securities and Exchange Commission pursuant to Regulation 14A not later th ... (10-K )
Filing: Portions of the registrant's Annual Report to Stockholders for the year ended December 31, 2019 and Proxy Statement for use in connection with its Annual Meeting of Stockholders to be held on May 7, 2020, to be filed with the Securities and Exchange Commission pursuant to Regulation 14A not later th ... (10-K )
Applied Therapeutics, Inc.14 Feb 20
Advance Notice Disclosure, Discloses AGM Date
DPD Note: The company disclosed the 2020 annual meeting date and the deadlines to submit 14a-8 proposals, non-14a-8 proposals, and nominations. This is the company's first annual meeting as a public company after its May 2019 IPO. (8-K )
DPD Note: The company disclosed the 2020 annual meeting date and the deadlines to submit 14a-8 proposals, non-14a-8 proposals, and nominations. This is the company's first annual meeting as a public company after its May 2019 IPO. (8-K )
Black Hills Corporation14 Feb 20
Chart Industries, Inc.14 Feb 20
Discloses AGM Date
Filing: Portions of the following document are incorporated by reference into Part III of this Annual Report on Form 10-K: the definitive Proxy Statement to be used in connection with the Registrant's Annual Meeting of Stockholders to be held on May 12, 2020 (the "2020 Proxy Statement") (10-K )
Filing: Portions of the following document are incorporated by reference into Part III of this Annual Report on Form 10-K: the definitive Proxy Statement to be used in connection with the Registrant's Annual Meeting of Stockholders to be held on May 12, 2020 (the "2020 Proxy Statement") (10-K )
CONSOL Energy Inc.14 Feb 20
Dana Incorporated14 Feb 20
Dover Corporation14 Feb 20
Dunkin' Brands Group, Inc.14 Feb 20
Governing Documents Filing (Change)
Filing: On February 12, 2020, the Board of Directors (the "Board") of Dunkin' Brands Group, Inc. (the "Company") approved an amendment and restatement of the Company's By-Laws to change the standard for uncontested director elections from a plurality voting standard to a majority vote standard. The amended ... (8-K )
Filing: On February 12, 2020, the Board of Directors (the "Board") of Dunkin' Brands Group, Inc. (the "Company") approved an amendment and restatement of the Company's By-Laws to change the standard for uncontested director elections from a plurality voting standard to a majority vote standard. The amended ... (8-K )
Evolent Health, Inc.14 Feb 20
Discloses AGM Date
Filing: On February 13, 2020, the Board of Directors of Evolent Health, Inc. established June 9, 2020, as the date for the company's 2020 annual meeting of shareholders. The annual meeting will be held at 800 N. Glebe Road, Suite 500, Arlington, Virginia, at 10:00 a.m. EST. The record date for shareholders ... (8-K )
Filing: On February 13, 2020, the Board of Directors of Evolent Health, Inc. established June 9, 2020, as the date for the company's 2020 annual meeting of shareholders. The annual meeting will be held at 800 N. Glebe Road, Suite 500, Arlington, Virginia, at 10:00 a.m. EST. The record date for shareholders ... (8-K )
First Republic Bank14 Feb 20
Discloses AGM Date
• Press release: First Republic Announces Record Date for the 2020 Annual Meeting of Shareholders (Press Release )
• Press release: First Republic Announces Record Date for the 2020 Annual Meeting of Shareholders (Press Release )
Hawaiian Electric Industries, Inc.14 Feb 20
Settlement/Standstill
DPD Note: The company entered into a Cooperation Agreement with ValueAct Spring Master Fund, L.P. under which Eva Zlotnicka, Managing Director of the Spring Fund and Head of Stewardship at ValueAct Capital, was appointed to the Board. The agreement also includes standstill provisions and voting commitments. In a letter to the company in November 2019, ValueAct called for the company's next CEO to come from outside of the company and in 2018 reportedly pushed for the company to accelerate its use of renewable energy. (8-K )
DPD Note: The company entered into a Cooperation Agreement with ValueAct Spring Master Fund, L.P. under which Eva Zlotnicka, Managing Director of the Spring Fund and Head of Stewardship at ValueAct Capital, was appointed to the Board. The agreement also includes standstill provisions and voting commitments. In a letter to the company in November 2019, ValueAct called for the company's next CEO to come from outside of the company and in 2018 reportedly pushed for the company to accelerate its use of renewable energy. (8-K )
Hillenbrand, Inc.14 Feb 20
Governing Documents Filing (Change)
Filing: At the annual meeting of shareholders of Hillenbrand, Inc. (the "Company"), held on February 13, 2020 (the "Annual Meeting"), the Company's shareholders approved the Company's Restated and Amended Articles of Incorporation (the "Restated Articles") to, among other things, provide shareholders the ri ... (8-K )
Filing: At the annual meeting of shareholders of Hillenbrand, Inc. (the "Company"), held on February 13, 2020 (the "Annual Meeting"), the Company's shareholders approved the Company's Restated and Amended Articles of Incorporation (the "Restated Articles") to, among other things, provide shareholders the ri ... (8-K )
Hillenbrand, Inc.14 Feb 20
Governing Documents Filing (Change)
Filing: At the annual meeting of shareholders of Hillenbrand, Inc. (the "Company"), held on February 13, 2020 (the "Annual Meeting"), the Company's shareholders approved the Company's Restated and Amended Articles of Incorporation (the "Restated Articles") to, among other things, provide shareholders the ri ... (8-K )
Filing: At the annual meeting of shareholders of Hillenbrand, Inc. (the "Company"), held on February 13, 2020 (the "Annual Meeting"), the Company's shareholders approved the Company's Restated and Amended Articles of Incorporation (the "Restated Articles") to, among other things, provide shareholders the ri ... (8-K )
Honeywell International Inc.14 Feb 20
Discloses AGM Date
Filing: Part III: Proxy Statement for Annual Meeting of Shareowners to be held April 27, 2020 (10-K )
Filing: Part III: Proxy Statement for Annual Meeting of Shareowners to be held April 27, 2020 (10-K )
Hubbell Incorporated14 Feb 20
Illinois Tool Works Inc.14 Feb 20
Discloses AGM Date
Filing: Portions of the 2020 Proxy Statement for Annual Meeting of Stockholders to be held on May 8, 2020 (10-K )
Filing: Portions of the 2020 Proxy Statement for Annual Meeting of Stockholders to be held on May 8, 2020 (10-K )
Kraft Heinz Company (The)14 Feb 20
Discloses AGM Date
Filing: Information required by this Item 10 is included under the headings "Company Proposals - Proposal 1. Election of Directors," "Corporate Governance and Board Matters - Delinquent Section 16(a) Reports," "Corporate Governance and Board Matters - Governance Guidelines and Codes of Conduct," "Corporate ... (10-K )
Filing: Information required by this Item 10 is included under the headings "Company Proposals - Proposal 1. Election of Directors," "Corporate Governance and Board Matters - Delinquent Section 16(a) Reports," "Corporate Governance and Board Matters - Governance Guidelines and Codes of Conduct," "Corporate ... (10-K )
Luby's Inc.14 Feb 20
Poison Pill Amendment
DPD Note: Extend expiration date from February 15, 2020 to February 15, 2021 (8-K )
DPD Note: Extend expiration date from February 15, 2020 to February 15, 2021 (8-K )
Molina Healthcare, Inc.14 Feb 20
Polaris Inc.14 Feb 20
Discloses AGM Date
Filing: Portions of the definitive Proxy Statement for the registrant's Annual Meeting of Shareholders to be held on April 30, 2020 to be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal year covered by this report (the "2020 Proxy Statement"), are incorporated b ... (10-K )
Filing: Portions of the definitive Proxy Statement for the registrant's Annual Meeting of Shareholders to be held on April 30, 2020 to be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal year covered by this report (the "2020 Proxy Statement"), are incorporated b ... (10-K )
Principal Financial Group, Inc.14 Feb 20
Discloses AGM Date
Filing: The information required to be furnished pursuant to Part III of this Form 10-K is set forth in, and is hereby incorporated by reference herein from, the Registrant's definitive proxy statement for the annual meeting of stockholders to be held on May 19, 2020, to be filed by the Registrant with the ... (10-K )
Filing: The information required to be furnished pursuant to Part III of this Form 10-K is set forth in, and is hereby incorporated by reference herein from, the Registrant's definitive proxy statement for the annual meeting of stockholders to be held on May 19, 2020, to be filed by the Registrant with the ... (10-K )
Prudential Financial, Inc.14 Feb 20
Discloses AGM Date
Filing: Part III of this Form 10-K incorporates by reference certain information from the Registrant's Definitive Proxy Statement for the Annual Meeting of Shareholders to be held on May 12, 2020, to be filed by the Registrant with the Securities and Exchange Commission pursuant to Regulation 14A not later ... (10-K )
Filing: Part III of this Form 10-K incorporates by reference certain information from the Registrant's Definitive Proxy Statement for the Annual Meeting of Shareholders to be held on May 12, 2020, to be filed by the Registrant with the Securities and Exchange Commission pursuant to Regulation 14A not later ... (10-K )
Rexford Industrial Realty, Inc.14 Feb 20
Governing Documents Filing (Change)
Filing: On February 10, 2020, the board of directors adopted and approved the Company's Fourth Amended and Restated Bylaws in order to replace Article XV and Article XIV of the existing bylaws in their entirety with a revised Article XV and Article XIV, respectively. The revised Article XV reduces the stock ... (8-K )
Filing: On February 10, 2020, the board of directors adopted and approved the Company's Fourth Amended and Restated Bylaws in order to replace Article XV and Article XIV of the existing bylaws in their entirety with a revised Article XV and Article XIV, respectively. The revised Article XV reduces the stock ... (8-K )
SPX Corporation14 Feb 20
Triton International Limited14 Feb 20
Warrior Met Coal, Inc.14 Feb 20
Poison Pill Adoption
Filing: On February 14, 2020, Warrior Met Coal, Inc. (the "Company") entered into a net operating loss carryforwards ("NOLs") rights plan (the "Rights Agreement") with Computershare Trust Company, N.A., as rights agent. In connection therewith, the Board of Directors of the Company (the "Board") declared a ... (8-K )
Filing: On February 14, 2020, Warrior Met Coal, Inc. (the "Company") entered into a net operating loss carryforwards ("NOLs") rights plan (the "Rights Agreement") with Computershare Trust Company, N.A., as rights agent. In connection therewith, the Board of Directors of the Company (the "Board") declared a ... (8-K )
Webster Financial Corporation14 Feb 20
Discloses AGM Date
Filing: On February 14, 2020, Webster Financial Corporation issued a press release announcing that its board of directors has scheduled the corporation's annual meeting of shareholders at 4:00 p.m. EDT, April 23, 2020 at the New Britain Museum of American Art, 56 Lexington Street, New Britain, Connecticut. ... (8-K )
Filing: On February 14, 2020, Webster Financial Corporation issued a press release announcing that its board of directors has scheduled the corporation's annual meeting of shareholders at 4:00 p.m. EDT, April 23, 2020 at the New Britain Museum of American Art, 56 Lexington Street, New Britain, Connecticut. ... (8-K )
Welltower Inc.14 Feb 20
Alnylam Pharmaceuticals, Inc.13 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Bylaws Amended/Restated (10-K )
• Exhibit: Bylaws Amended/Restated (10-K )
Alnylam Pharmaceuticals, Inc.13 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Bylaws Amendment Effective 12/18/2015 (10-K )
• Exhibit: Bylaws Amendment Effective 12/18/2015 (10-K )
Alnylam Pharmaceuticals, Inc.13 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Bylaws Amendment Effective 03/08/2018 (10-K )
• Exhibit: Bylaws Amendment Effective 03/08/2018 (10-K )
Alnylam Pharmaceuticals, Inc.13 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Bylaws Amendment Effective 04/25/2019 (10-K )
• Exhibit: Bylaws Amendment Effective 04/25/2019 (10-K )
American Express Co.13 Feb 20
Arrow Electronics, Inc.13 Feb 20
AvalonBay Communities, Inc.13 Feb 20
Discloses AGM Date
• Press release: AvalonBay Communities Announces 2020 Annual Meeting Details (Press Release )
• Press release: AvalonBay Communities Announces 2020 Annual Meeting Details (Press Release )
Broadway Financial Corporation13 Feb 20
Update:Governance/Defense Controversy/Criticism on 02/10/2020
DPD Note: Company response to Steven A. Sugarman including denying his request to acquire additional shares in excess of the poison pill limit without triggering the plan. (8-K )
DPD Note: Company response to Steven A. Sugarman including denying his request to acquire additional shares in excess of the poison pill limit without triggering the plan. (8-K )
Cognex Corporation13 Feb 20
Discloses AGM Date
Filing: Information with respect to Directors and Executive Officers of the Company and the other matters required by Item 10 shall be included in the Company's definitive Proxy Statement for the Annual Meeting of Shareholders to be held on April 23, 2020 and is incorporated herein by reference (10-K )
Filing: Information with respect to Directors and Executive Officers of the Company and the other matters required by Item 10 shall be included in the Company's definitive Proxy Statement for the Annual Meeting of Shareholders to be held on April 23, 2020 and is incorporated herein by reference (10-K )
Halliburton Company13 Feb 20
Discloses AGM Date
• Press release: Halliburton Declares Dividend and Announces Annual Shareholders' Meeting (Press Release )
• Press release: Halliburton Declares Dividend and Announces Annual Shareholders' Meeting (Press Release )
Healthpeak Properties, Inc.13 Feb 20
Discloses AGM Date
Filing: We hereby incorporate by reference the information appearing under the captions "Proposal No. 1 Election of Directors," "Our Executive Officers," "Board of Directors and Corporate Governance" and in our definitive proxy statement relating to our 2020 Annual Meeting of Stockholders to be held on Apri ... (10-K )
Filing: We hereby incorporate by reference the information appearing under the captions "Proposal No. 1 Election of Directors," "Our Executive Officers," "Board of Directors and Corporate Governance" and in our definitive proxy statement relating to our 2020 Annual Meeting of Stockholders to be held on Apri ... (10-K )
Healthpeak Properties, Inc.13 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Charter Amended/Restated Effective 06/01/2012 (10-K )
• Exhibit: Charter Amended/Restated Effective 06/01/2012 (10-K )
Healthpeak Properties, Inc.13 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Charter Amendment Effective 07/31/2017 (10-K )
• Exhibit: Charter Amendment Effective 07/31/2017 (10-K )
Healthpeak Properties, Inc.13 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Charter Amendment Effective 10/30/2019 (10-K )
• Exhibit: Charter Amendment Effective 10/30/2019 (10-K )
Johnson & Johnson13 Feb 20
Planned Defense Change
Filing: On February 11, 2020, the Board of Directors of Johnson & Johnson (the "Company) voted unanimously to submit a proposal to the Company's shareholders at its 2020 Annual Shareholder Meeting (the "2020 Annual Meeting") recommending the approval of an amendment to the Company's Restated Certificate of ... (8-K )
Filing: On February 11, 2020, the Board of Directors of Johnson & Johnson (the "Company) voted unanimously to submit a proposal to the Company's shareholders at its 2020 Annual Shareholder Meeting (the "2020 Annual Meeting") recommending the approval of an amendment to the Company's Restated Certificate of ... (8-K )
Kite Realty Group Trust13 Feb 20
Discloses AGM Date
• Press release: Kite Realty Group Trust Announces Quarterly Common Dividend and Annual Shareholder Meeting (Press Release )
• Press release: Kite Realty Group Trust Announces Quarterly Common Dividend and Annual Shareholder Meeting (Press Release )
Mednax, Inc13 Feb 20
Update:Proxy Fight Director Nomination on 12/11/2019
DPD Note: 13D filing provides first public disclosure by Starboard Value regarding its proxy fight nominations for the company's 2020 annual meeting. Starboard is a nominating an eight-person slate for election to the company's eleven member Board. On December 11, 2019, the company issued a statement confirming that Starboard had submitted nominations for a majority slate after news sources had reported it. (SC 13D )
DPD Note: 13D filing provides first public disclosure by Starboard Value regarding its proxy fight nominations for the company's 2020 annual meeting. Starboard is a nominating an eight-person slate for election to the company's eleven member Board. On December 11, 2019, the company issued a statement confirming that Starboard had submitted nominations for a majority slate after news sources had reported it. (SC 13D )
Moderna, Inc.13 Feb 20
Advance Notice Disclosure
DPD Note: The company announced it will hold its 2020 annual meeting on April 29, 2020 which is more than 30 days before the anniversary of the company's 2019 annual meeting held on June 27, 2019 triggering the alternative timing provision in the company's advance notice bylaws and a new deadline under Rule 14a-8. (8-K )
DPD Note: The company announced it will hold its 2020 annual meeting on April 29, 2020 which is more than 30 days before the anniversary of the company's 2019 annual meeting held on June 27, 2019 triggering the alternative timing provision in the company's advance notice bylaws and a new deadline under Rule 14a-8. (8-K )
Motorola Solutions, Inc.13 Feb 20
Discloses AGM Date
• Press release: Motorola Solutions Declares Quarterly Dividend, Sets Date for Annual Meeting (Press Release )
• Press release: Motorola Solutions Declares Quarterly Dividend, Sets Date for Annual Meeting (Press Release )
Quidel Corporation13 Feb 20
Robert Half International Inc.13 Feb 20
Governing Documents Filing (Change)
Filing: On February 12, 2020, the Board of Directors amended and restated the Company's By-Laws to modify Article VI, Officers. Specifically, the amendments were to remove the "Office of the President" as well as to make other, non-substantive changes. This amendment follows the recent leadership transition ... (8-K )
Filing: On February 12, 2020, the Board of Directors amended and restated the Company's By-Laws to modify Article VI, Officers. Specifically, the amendments were to remove the "Office of the President" as well as to make other, non-substantive changes. This amendment follows the recent leadership transition ... (8-K )
Snap-on Incorporated13 Feb 20
Discloses AGM Date
Filing: Part III of this Annual Report on Form 10-K incorporates by reference certain information that will be set forth in Snap-on's Proxy Statement, which is expected to first be mailed to shareholders on or about March 11, 2020, prepared for the Annual Meeting of Shareholders scheduled for April 23, 2020 (10-K )
Filing: Part III of this Annual Report on Form 10-K incorporates by reference certain information that will be set forth in Snap-on's Proxy Statement, which is expected to first be mailed to shareholders on or about March 11, 2020, prepared for the Annual Meeting of Shareholders scheduled for April 23, 2020 (10-K )
Synchrony Financial13 Feb 20
TreeHouse Foods, Inc.13 Feb 20
TriNet Group, Inc.13 Feb 20
US Foods Holding Corp.13 Feb 20
Discloses AGM Date
Filing: Portions of the registrant's definitive proxy statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A under the Securities Exchange Act of 1934, relating to the registrant's Annual Meeting of Stockholders to be held on May 13, 2020, are incorporated herein by ref ... (10-K )
Filing: Portions of the registrant's definitive proxy statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A under the Securities Exchange Act of 1934, relating to the registrant's Annual Meeting of Stockholders to be held on May 13, 2020, are incorporated herein by ref ... (10-K )
Zebra Technologies Corporation13 Feb 20
Discloses AGM Date
Filing: Certain sections of the Registrant's definitive proxy statement for its Annual Meeting of Stockholders to be held on May 14, 2020, are incorporated by reference into Part III of this report, as indicated herein. The definitive proxy statement shall be filed with the Securities and Exchange Commissio ... (10-K )
Filing: Certain sections of the Registrant's definitive proxy statement for its Annual Meeting of Stockholders to be held on May 14, 2020, are incorporated by reference into Part III of this report, as indicated herein. The definitive proxy statement shall be filed with the Securities and Exchange Commissio ... (10-K )
Amgen Inc.12 Feb 20
Consolidated Tomoka Land Co.12 Feb 20
Discloses AGM Date
• Press release: Consolidated-Tomoka Announces Quarterly Dividend of $0.25 Per Share and Date of Annual Meeting (Press Release )
• Press release: Consolidated-Tomoka Announces Quarterly Dividend of $0.25 Per Share and Date of Annual Meeting (Press Release )
Healthcare Realty Trust Incorporated12 Feb 20
Kraton Corporation12 Feb 20
Governing Documents Filing (Change)
Filing: Effective February 6, 2020, the Board of Directors of Kraton Corporation amended Section 2.02 of the Company's Bylaws to set the maximum size of the Board at nine directors (8-K )
Filing: Effective February 6, 2020, the Board of Directors of Kraton Corporation amended Section 2.02 of the Company's Bylaws to set the maximum size of the Board at nine directors (8-K )
Molson Coors Beverage Company12 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Charter Amendment Effective 06/04/2013 (10-K )
• Exhibit: Charter Amendment Effective 06/04/2013 (10-K )
Molson Coors Beverage Company12 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Charter Amended/Restated Effective 02/08/2005 (10-K )
• Exhibit: Charter Amended/Restated Effective 02/08/2005 (10-K )
Molson Coors Beverage Company12 Feb 20
Governing Documents Filing (Refiling)
• Exhibit: Charter Amendment Effective 01/01/2020 (10-K )
• Exhibit: Charter Amendment Effective 01/01/2020 (10-K )
Old National Bancorp12 Feb 20
Paramount Group, Inc.12 Feb 20
Discloses AGM Date
Filing: Portions of the Proxy Statement for the Annual Stockholders' Meeting (which is scheduled to be held on May 19, 2020) to be filed within 120 days after the end of the registrant's fiscal year are incorporated by reference in Part III of this Annual Report on Form 10-K. (10-K )
Filing: Portions of the Proxy Statement for the Annual Stockholders' Meeting (which is scheduled to be held on May 19, 2020) to be filed within 120 days after the end of the registrant's fiscal year are incorporated by reference in Part III of this Annual Report on Form 10-K. (10-K )
Paramount Group, Inc.12 Feb 20
Other Material Defense/Proxy Disclosure
DPD Note: 10-K for fiscal year end December 31, 2019 includes an Amended and Restated Waiver of Ownership Limits granted to The Otto Family by Paramount Group, Inc., dated as of March 18, 2019. The waiver to the company's 6.5% charter ownership limit to maintain its qualification as a REIT was amended to allow the Otto family to increase the current ownership limit from 17.47% to 21.0%. (10-K )
DPD Note: 10-K for fiscal year end December 31, 2019 includes an Amended and Restated Waiver of Ownership Limits granted to The Otto Family by Paramount Group, Inc., dated as of March 18, 2019. The waiver to the company's 6.5% charter ownership limit to maintain its qualification as a REIT was amended to allow the Otto family to increase the current ownership limit from 17.47% to 21.0%. (10-K )
Selective Insurance Group, Inc.12 Feb 20
Spotify Technology S.A.12 Feb 20
Governing Documents Filing (No Disclosure)
DPD Note: The company filed restated Articles of Association effective January 20, 2020 but did not provide any disclosure regarding changes made to the document since it last filed the document on January 29, 2019 (the company is a foreign private issuer). The only change identified by Deal Point Data was to Article 5 (the number of subscribed and authorized share capital) and section 9.2 (number of Beneficiary Certificates issued and outstanding). (20-F )
DPD Note: The company filed restated Articles of Association effective January 20, 2020 but did not provide any disclosure regarding changes made to the document since it last filed the document on January 29, 2019 (the company is a foreign private issuer). The only change identified by Deal Point Data was to Article 5 (the number of subscribed and authorized share capital) and section 9.2 (number of Beneficiary Certificates issued and outstanding). (20-F )
TechTarget, Inc.12 Feb 20
Governing Documents Filing (Change)
Filing: On February 7, 2020, the Board of Directors (the "Board") of the Company approved an amendment (the "Amendment") to the Company's Amended and Restated By-laws (the "By-laws"). Article I, Section 7 of the By-laws was amended to replace the current plurality voting standard for uncontested director el ... (8-K )
Filing: On February 7, 2020, the Board of Directors (the "Board") of the Company approved an amendment (the "Amendment") to the Company's Amended and Restated By-laws (the "By-laws"). Article I, Section 7 of the By-laws was amended to replace the current plurality voting standard for uncontested director el ... (8-K )
Tyson Foods, Inc.12 Feb 20
Governing Documents Filing (Change)
Filing: The Company's board of directors (the "Board") adopted the Sixth Amended and Restated By-Laws of Tyson Foods, Inc. (the "Amended By-Laws"), effective February 6, 2020. The following is a summary of the provisions changed by adoption of the Amended Bylaws, which is qualified in its entirety by refere ... (8-K )
Filing: The Company's board of directors (the "Board") adopted the Sixth Amended and Restated By-Laws of Tyson Foods, Inc. (the "Amended By-Laws"), effective February 6, 2020. The following is a summary of the provisions changed by adoption of the Amended Bylaws, which is qualified in its entirety by refere ... (8-K )
Associated Banc-Corp11 Feb 20
Cadence Design Systems, Inc.11 Feb 20
Governing Documents Filing (Change)
Filing: On February 5, 2020, the Board of Directors of Cadence Design Systems, Inc. ("Cadence") approved and adopted an amendment and restatement to Cadence's Bylaws (the "Bylaws"), which became effective immediately. The Bylaws were amended and restated as follows: * Special Meeting of Stockholders. * Amen ... (8-K )
Filing: On February 5, 2020, the Board of Directors of Cadence Design Systems, Inc. ("Cadence") approved and adopted an amendment and restatement to Cadence's Bylaws (the "Bylaws"), which became effective immediately. The Bylaws were amended and restated as follows: * Special Meeting of Stockholders. * Amen ... (8-K )
Cars.com Inc.11 Feb 20
Advance Notice Disclosure, Discloses AGM Date
DPD Note: The company announced it will hold its 2020 annual meeting on May 14, 2020 which is more than 30 days before the anniversary of the company's 2019 annual meeting held on October 30, 2019 triggering the alternative timing provision in the company's advance notice bylaws and a new deadline under Rule 14a-8. (8-K )
DPD Note: The company announced it will hold its 2020 annual meeting on May 14, 2020 which is more than 30 days before the anniversary of the company's 2019 annual meeting held on October 30, 2019 triggering the alternative timing provision in the company's advance notice bylaws and a new deadline under Rule 14a-8. (8-K )
Comerica Incorporated11 Feb 20
Discloses AGM Date
Filing: Part III: Items 10-14-Proxy Statement for the Annual Meeting of Shareholders to be held April 28, 2020 (10-K )
Filing: Part III: Items 10-14-Proxy Statement for the Annual Meeting of Shareholders to be held April 28, 2020 (10-K )
Extended Stay America, Inc.11 Feb 20
Discloses AGM Date
• Press release: Extended Stay America Announces Dates for Fourth Quarter Earnings Release and Annual Shareholder Meeting (Press Release )
• Press release: Extended Stay America Announces Dates for Fourth Quarter Earnings Release and Annual Shareholder Meeting (Press Release )
First United Corporation11 Feb 20
Update:Proxy Fight Director Nomination on 11/19/2019
DPD Note: Rangeley Capital LLC press release critical of company's governance policies and its plans to vote for Driver Management Company LLC's director slate. Driver Management Company LLC previously disclosed it was nominating three candidates for election to the company's Board at the 2020 annual meeting. (Press Release )
DPD Note: Rangeley Capital LLC press release critical of company's governance policies and its plans to vote for Driver Management Company LLC's director slate. Driver Management Company LLC previously disclosed it was nominating three candidates for election to the company's Board at the 2020 annual meeting. (Press Release )
Franklin Street Properties Corp.11 Feb 20
Discloses AGM Date
Filing: Documents incorporated by reference: The registrant intends to file a definitive proxy statement pursuant to Regulation 14A, promulgated under the Securities Exchange Act of 1934, as amended, to be used in connection with the registrant's Annual Meeting of Stockholders to be held on May 14, 2020 (th ... (10-K )
Filing: Documents incorporated by reference: The registrant intends to file a definitive proxy statement pursuant to Regulation 14A, promulgated under the Securities Exchange Act of 1934, as amended, to be used in connection with the registrant's Annual Meeting of Stockholders to be held on May 14, 2020 (th ... (10-K )
Goodyear Tire & Rubber Company (The)11 Feb 20
MGP Ingredients, Inc.11 Feb 20
Discloses AGM Date
Filing: MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, announced today Chief Executive Officer Gus Griffin's plans to retire from the Company and its Board at the Company's annual meeting of stockholders on May 21, 2020 (Press Release )
Filing: MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, announced today Chief Executive Officer Gus Griffin's plans to retire from the Company and its Board at the Company's annual meeting of stockholders on May 21, 2020 (Press Release )
Omnicom Group Inc.11 Feb 20
Brixmor Property Group Inc.10 Feb 20
Discloses AGM Date
Filing: DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive proxy statement to be filed by Brixmor Property Group Inc. with the Securities and Exchange Commission pursuant to Regulation 14A relating to the registrant's Annual Meeting of Stockholders to be held on April 28, 2020 will be incorporat ... (10-K )
Filing: DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive proxy statement to be filed by Brixmor Property Group Inc. with the Securities and Exchange Commission pursuant to Regulation 14A relating to the registrant's Annual Meeting of Stockholders to be held on April 28, 2020 will be incorporat ... (10-K )
Broadway Financial Corporation10 Feb 20
Governance/Defense Controversy/Criticism
DPD Note: 13D filing by Steven A. Sugarman includes letter to the Board from The Capital Corps, LLC ("Capital") requesting a meeting to discuss a possible acquisition of the company and calling on the Board to launch a process to consider its strategic options. Capital also criticized the company's poison pill adoption in September 2019 and requested the company subject the poison pill to a stockholder vote at the upcoming annual meeting. Capital also requested the Board allow it to acquire additional shares in excess of the pill limit without triggering the plan. Mr. Sugarman is the founder of Capital. (SC 13D )
DPD Note: 13D filing by Steven A. Sugarman includes letter to the Board from The Capital Corps, LLC ("Capital") requesting a meeting to discuss a possible acquisition of the company and calling on the Board to launch a process to consider its strategic options. Capital also criticized the company's poison pill adoption in September 2019 and requested the company subject the poison pill to a stockholder vote at the upcoming annual meeting. Capital also requested the Board allow it to acquire additional shares in excess of the pill limit without triggering the plan. Mr. Sugarman is the founder of Capital. (SC 13D )
Carlisle Companies Incorporated10 Feb 20
CNX Resources Corporation10 Feb 20
CTS Corporation10 Feb 20
Discloses AGM Date
• Press release: CTS Corporation Announces Nomination of Ye Jane Li for Election to its Board of Directors (Press Release )
• Press release: CTS Corporation Announces Nomination of Ye Jane Li for Election to its Board of Directors (Press Release )
FirstEnergy Corp.10 Feb 20
Discloses AGM Date
Filing: Proxy Statement for 2020 Annual Meeting of Shareholders of FirstEnergy Corp. to be held May 19, 2020 (10-K )
Filing: Proxy Statement for 2020 Annual Meeting of Shareholders of FirstEnergy Corp. to be held May 19, 2020 (10-K )
Gold Resource Corporation10 Feb 20
Advance Notice Disclosure, Discloses AGM Date
DPD Note: The company announced it will hold its 2020 annual meeting on May 21, 2020 which is more than 30 days earlier than the anniversary of the company's 2019 annual meeting held on June 20, 2019 triggering a new deadline under Rule 14a-8. The company also disclosed a deadline of February 27, 2020 to submit nominations (which is the twentieth day following the day on which public announcement of the date of the shareholder meeting was made as required by the company's advance notice bylaws). (8-K )
DPD Note: The company announced it will hold its 2020 annual meeting on May 21, 2020 which is more than 30 days earlier than the anniversary of the company's 2019 annual meeting held on June 20, 2019 triggering a new deadline under Rule 14a-8. The company also disclosed a deadline of February 27, 2020 to submit nominations (which is the twentieth day following the day on which public announcement of the date of the shareholder meeting was made as required by the company's advance notice bylaws). (8-K )
Hecla Mining Company10 Feb 20
Discloses AGM Date
Filing: Information with respect to our directors is set forth under the caption "Proposal 1 - Election of Directors" in our proxy statement to be filed pursuant to Regulation 14A for the annual meeting scheduled to be held on May 21, 2020 (the Proxy Statement), which information is incorporated herein by r ... (10-K )
Filing: Information with respect to our directors is set forth under the caption "Proposal 1 - Election of Directors" in our proxy statement to be filed pursuant to Regulation 14A for the annual meeting scheduled to be held on May 21, 2020 (the Proxy Statement), which information is incorporated herein by r ... (10-K )
Manhattan Associates, Inc.10 Feb 20
Myovant Sciences Ltd.10 Feb 20
Governing Documents Filing (Change)
Filing: (C) Amended and Restated Bye-Laws On December 22, 2019, the Company's board of directors approved, subject to the closing of the DSP-Roivant transaction and shareholder approval and certain other conditions, the adoption of the Company's Fifth Amended and Restated Bye-Laws (the "New Bye-Laws"), whic ... (10-Q )
Filing: (C) Amended and Restated Bye-Laws On December 22, 2019, the Company's board of directors approved, subject to the closing of the DSP-Roivant transaction and shareholder approval and certain other conditions, the adoption of the Company's Fifth Amended and Restated Bye-Laws (the "New Bye-Laws"), whic ... (10-Q )
Natural Health Trends Corp.10 Feb 20
Governing Documents Filing (Change)
Filing: The Board of Directors of Natural Health Trends Corp. amended the Amended and Restated Bylaws of the Company ("Bylaws") on February 6, 2020 to (1) conform Sections 3.9 and 6.2 of the Bylaws addressing the terms under which a director or stockholder of the Company may waive notice of a meeting to the ... (8-K )
Filing: The Board of Directors of Natural Health Trends Corp. amended the Amended and Restated Bylaws of the Company ("Bylaws") on February 6, 2020 to (1) conform Sections 3.9 and 6.2 of the Bylaws addressing the terms under which a director or stockholder of the Company may waive notice of a meeting to the ... (8-K )
Papa John's International, Inc.10 Feb 20
R.R. Donnelley & Sons Company10 Feb 20
Governance/Defense Controversy/Criticism
DPD Note: Chatham Asset Management, LLC issued a press release containing a letter to the Board demanding the company terminate its poison pill that Chatham claims was adopted to prevent it from engaging with the Board and management. (Press Release )
DPD Note: Chatham Asset Management, LLC issued a press release containing a letter to the Board demanding the company terminate its poison pill that Chatham claims was adopted to prevent it from engaging with the Board and management. (Press Release )
R.R. Donnelley & Sons Company10 Feb 20
Update:Governance/Defense Controversy/Criticism on 02/10/2020
• Press release: RRD Sends Letter of Response to Chatham Asset Management (Press Release )
• Press release: RRD Sends Letter of Response to Chatham Asset Management (Press Release )
American Renal Associates Holdings, Inc.07 Feb 20
Advance Notice Disclosure, Discloses AGM Date
DPD Note: The company announced it will hold its 2020 annual meeting on April 29, 2020 which is more than 30 days before the anniversary of the company's 2019 annual meeting held on December 6, 2019 triggering the alternative timing provision in the company's advance notice bylaws and a new deadline under Rule 14a-8. (8-K )
DPD Note: The company announced it will hold its 2020 annual meeting on April 29, 2020 which is more than 30 days before the anniversary of the company's 2019 annual meeting held on December 6, 2019 triggering the alternative timing provision in the company's advance notice bylaws and a new deadline under Rule 14a-8. (8-K )
Bankwell Financial Group, Inc.07 Feb 20
Settlement/Standstill
DPD Note: The company entered into an Agreement with Lawrence B. Seidman pursuant to which Mr. Seidman will be nominated to serve as a director commencing with the 2020 annual meeting and will continue to be nominated at each meeting as long as he owns at least 5% of the company's shares. Mr. Seidman will act as a non-voting observer of the Board until the 2020 annual meeting. The agreement also includes standstill provisions and voting commitments. In his initial 13D filing in December 2018, Mr. Seidman disclosed that he had several telephone conversations and meetings with the company's senior management about ways to maximize shareholder value. (8-K )
DPD Note: The company entered into an Agreement with Lawrence B. Seidman pursuant to which Mr. Seidman will be nominated to serve as a director commencing with the 2020 annual meeting and will continue to be nominated at each meeting as long as he owns at least 5% of the company's shares. Mr. Seidman will act as a non-voting observer of the Board until the 2020 annual meeting. The agreement also includes standstill provisions and voting commitments. In his initial 13D filing in December 2018, Mr. Seidman disclosed that he had several telephone conversations and meetings with the company's senior management about ways to maximize shareholder value. (8-K )
Boston Omaha Corporation07 Feb 20
Advance Notice Disclosure, Discloses AGM Date
DPD Note: The company disclosed the 2020 annual meeting date and deadline to submit non-14a-8 proposals and nominations. The previous year's annual meeting proxy statement only provided the timeliness requirements in general and not an actual date (i.e., "not later than the close of business on the 90th day, nor earlier than the close of business on the 120th day, in advance of the anniversary of the previous year's annual meeting"). (8-K )
DPD Note: The company disclosed the 2020 annual meeting date and deadline to submit non-14a-8 proposals and nominations. The previous year's annual meeting proxy statement only provided the timeliness requirements in general and not an actual date (i.e., "not later than the close of business on the 90th day, nor earlier than the close of business on the 120th day, in advance of the anniversary of the previous year's annual meeting"). (8-K )
Central Garden & Pet Company07 Feb 20
Governing Documents Filing (Change)
Filing: On February 4, 2020, the Board of Directors of Central Garden & Pet Company amended, effective immediately, Section 1(e) of Article II of its By-laws to clarify that directors shall be elected by a plurality of the votes of the shares present in person or represented by proxy at the meeting and enti ... (8-K )
Filing: On February 4, 2020, the Board of Directors of Central Garden & Pet Company amended, effective immediately, Section 1(e) of Article II of its By-laws to clarify that directors shall be elected by a plurality of the votes of the shares present in person or represented by proxy at the meeting and enti ... (8-K )
CIRCOR International, Inc.07 Feb 20
Update:Proxy Fight Director Nomination on 02/06/2020
Filing: On February 6, 2019 CIRCOR International, Inc. ("CIRCOR" or the "Company") received a notice of intent to nominate two directors at CIRCOR's 2020 Annual Meeting of Stockholders from GAMCO Investors, Inc. ("GAMCO"). CIRCOR welcomes open communications with its stockholders. While the Company's genera ... (8-K )
Filing: On February 6, 2019 CIRCOR International, Inc. ("CIRCOR" or the "Company") received a notice of intent to nominate two directors at CIRCOR's 2020 Annual Meeting of Stockholders from GAMCO Investors, Inc. ("GAMCO"). CIRCOR welcomes open communications with its stockholders. While the Company's genera ... (8-K )
IPO Activity
Imara Inc.14 Feb 20
Registration Statement Filed
Imara Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Imara Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Yunhong International14 Feb 20
Shares Offered Increased
China Yunhong Holdings increased the number of units to be offered to 6,000,000 units from 5,000,000 units
China Yunhong Holdings increased the number of units to be offered to 6,000,000 units from 5,000,000 units
LifeSci Acquisition Corp.14 Feb 20
Registration Statement Filed
LifeSci Acquisition Corp. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
LifeSci Acquisition Corp. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
LifeSci Acquisition Corp.14 Feb 20
Shares Offered Disclosed
LifeSci Acquisition Corp. disclosed plans to offer 5,000,000 units, with each unit consisting of one share of common stock and one warrant
LifeSci Acquisition Corp. disclosed plans to offer 5,000,000 units, with each unit consisting of one share of common stock and one warrant
LifeSci Acquisition Corp.14 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.55 per share (a gross spread of 5.5%) and a total of $2.75 mil for underwriting LifeSci Acquisition Corp.'s IPO
The underwriters received a discount of $0.55 per share (a gross spread of 5.5%) and a total of $2.75 mil for underwriting LifeSci Acquisition Corp.'s IPO
LifeSci Acquisition Corp.14 Feb 20
Other IPO Related
LifeSci Acquisition Corp. disclosed that the offer price for the units issued in its initial public offering will be $10.00 per unit
LifeSci Acquisition Corp. disclosed that the offer price for the units issued in its initial public offering will be $10.00 per unit
Vontier Corporation14 Feb 20
Registration Statement Filed
Vontier Corporation filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Vontier Corporation filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Muscle Maker, Inc.14 Feb 20
Shares Offered Decreased
Muscle Maker, Inc. decreased the number of common shares to be offered to 1,540,000 shares from 1,600,000 shares
Muscle Maker, Inc. decreased the number of common shares to be offered to 1,540,000 shares from 1,600,000 shares
Muscle Maker, Inc.14 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.45 per share (a gross spread of 9%) and a total of $693,000 for underwriting Muscle Maker, Inc.'s IPO
The underwriters received a discount of $0.45 per share (a gross spread of 9%) and a total of $693,000 for underwriting Muscle Maker, Inc.'s IPO
Muscle Maker, Inc.14 Feb 20
IPO Price Disclosed
Muscle Maker, Inc. set the price of its downsized initial public offering of 1,540,000 shares at $5.00 per share for gross proceeds of $7.7 mil
Muscle Maker, Inc. set the price of its downsized initial public offering of 1,540,000 shares at $5.00 per share for gross proceeds of $7.7 mil
Cole Haan, Inc.14 Feb 20
Registration Statement Filed
Cole Haan, Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Cole Haan, Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Newborn Acquisition Corp.13 Feb 20
Registration Statement Declared Effective
Newborn Acquisition Corp.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Newborn Acquisition Corp.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Huize Holding Limited13 Feb 20
Shares Offered Increased
Huize Holding Limited increased the number of American Depositary Shares to be offered to 5,250,000 from 4,650,000 shares
Huize Holding Limited increased the number of American Depositary Shares to be offered to 5,250,000 from 4,650,000 shares
Huize Holding Limited13 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.84 per share (a gross spread of 8%) and a total of $4.41 mil for underwriting Huize Holding Limited's IPO
The underwriters received a discount of $0.84 per share (a gross spread of 8%) and a total of $4.41 mil for underwriting Huize Holding Limited's IPO
Huize Holding Limited13 Feb 20
IPO Price Disclosed
Huize Holding Limited set the price of its upsized initial public offering of 5,250,000 shares at $10.50 per share, which was within the $9.40 to $11.40 price range, for gross proceeds of $55.13 mil
Huize Holding Limited set the price of its upsized initial public offering of 5,250,000 shares at $10.50 per share, which was within the $9.40 to $11.40 price range, for gross proceeds of $55.13 mil
Revolution Medicines, Inc.13 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $1.19 per share (a gross spread of 7%) and a total of $16.7 mil for underwriting Revolution Medicines, Inc.'s IPO
The underwriters received a discount of $1.19 per share (a gross spread of 7%) and a total of $16.7 mil for underwriting Revolution Medicines, Inc.'s IPO
Revolution Medicines, Inc.13 Feb 20
IPO Price Disclosed
Revolution Medicines, Inc. set the price of its upsized initial public offering of 14,000,000 shares at $17.00 per share, which was within the increased $16.00 to $17.00 price range, for gross proceeds of $238 mil
Revolution Medicines, Inc. set the price of its upsized initial public offering of 14,000,000 shares at $17.00 per share, which was within the increased $16.00 to $17.00 price range, for gross proceeds of $238 mil
Churchill Capital Corp III13 Feb 20
Registration Statement Declared Effective
Churchill Capital Corp III's registration statement was declared effective by the Securities and Exchange Commission (SEC)
Churchill Capital Corp III's registration statement was declared effective by the Securities and Exchange Commission (SEC)
Churchill Capital Corp III13 Feb 20
Shares Offered Increased
Churchill Capital Corp III increased the number of units to be offered to 98,000,000 units from 80,000,000 units
Churchill Capital Corp III increased the number of units to be offered to 98,000,000 units from 80,000,000 units
Avadim Health, Inc.13 Feb 20
Other IPO Related
Avadim Health, Inc. has postponed its initial public offering
Avadim Health, Inc. has postponed its initial public offering
Yunhong International12 Feb 20
Registration Statement Declared Effective
China Yunhong Holdings' registration statement was declared effective by the Securities and Exchange Commission (SEC)
China Yunhong Holdings' registration statement was declared effective by the Securities and Exchange Commission (SEC)
Revolution Medicines, Inc.12 Feb 20
Registration Statement Declared Effective
Revolution Medicines, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Revolution Medicines, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Muscle Maker, Inc.12 Feb 20
Registration Statement Declared Effective
Muscle Maker, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Muscle Maker, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Churchill Capital Corp III12 Feb 20
Shares Offered Increased
Churchill Capital Corp III increased the number of units to be offered to 80,000,000 units from 60,000,000 units
Churchill Capital Corp III increased the number of units to be offered to 80,000,000 units from 60,000,000 units
CITIC Capital Acquisition Corp.12 Feb 20
Shares Offered Increased
CITIC Capital Acquisition Corp. increased the number of units to be offered to 24,000,000 units from 20,000,000 units
CITIC Capital Acquisition Corp. increased the number of units to be offered to 24,000,000 units from 20,000,000 units
Huize Holding Limited11 Feb 20
Registration Statement Declared Effective
Huize Holding Limited's registration statement was declared effective by the Securities and Exchange Commission (SEC)
Huize Holding Limited's registration statement was declared effective by the Securities and Exchange Commission (SEC)
Revolution Medicines, Inc.11 Feb 20
Shares Offered Increased
Revolution Medicines, Inc. increased the number of common shares to be offered to 14,000,000 from 10,000,000 shares
Revolution Medicines, Inc. increased the number of common shares to be offered to 14,000,000 from 10,000,000 shares
Revolution Medicines, Inc.11 Feb 20
Price Range Increased
Revolution Medicines, Inc. increased the anticipated price range for its IPO to $16.00 to $17.00 per share from $14.00 to $16.00 per share
Revolution Medicines, Inc. increased the anticipated price range for its IPO to $16.00 to $17.00 per share from $14.00 to $16.00 per share
Flying Eagle Acquisition Corp.11 Feb 20
Registration Statement Filed
Flying Eagle Acquisition Corp. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Flying Eagle Acquisition Corp. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Flying Eagle Acquisition Corp.11 Feb 20
Shares Offered Disclosed
Flying Eagle Acquisition Corp. disclosed plans to offer 50,000,000 units, with each unit consisting of one share of Class A common stock and one-fourth of one redeemable warrant
Flying Eagle Acquisition Corp. disclosed plans to offer 50,000,000 units, with each unit consisting of one share of Class A common stock and one-fourth of one redeemable warrant
Flying Eagle Acquisition Corp.11 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.55 per share (a gross spread of 5.5%) and a total of $27.5 mil for underwriting Flying Eagle Acquisition Corp.'s IPO
The underwriters received a discount of $0.55 per share (a gross spread of 5.5%) and a total of $27.5 mil for underwriting Flying Eagle Acquisition Corp.'s IPO
Flying Eagle Acquisition Corp.11 Feb 20
Other IPO Related
Flying Eagle Acquisition Corp. disclosed that the offer price for the units issued in its initial public offering will be $10.00 per unit
Flying Eagle Acquisition Corp. disclosed that the offer price for the units issued in its initial public offering will be $10.00 per unit
CITIC Capital Acquisition Corp.10 Feb 20
Registration Statement Declared Effective
CITIC Capital Acquisition Corp.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
CITIC Capital Acquisition Corp.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Greenrose Acquisition Corp.10 Feb 20
Registration Statement Declared Effective
Greenrose Acquisition Corp.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Greenrose Acquisition Corp.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
NexPoint Real Estate Finance, Inc.10 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $1.33 per share (a gross spread of 7%) and a total of $6.3 mil for underwriting NexPoint Real Estate Finance, Inc.'s IPO
The underwriters received a discount of $1.33 per share (a gross spread of 7%) and a total of $6.3 mil for underwriting NexPoint Real Estate Finance, Inc.'s IPO
NexPoint Real Estate Finance, Inc.10 Feb 20
IPO Price Disclosed
NexPoint Real Estate Finance, Inc. set the price of its initial public offering of 5,000,000 shares at $19.00 per share, which was within the $19.00 to $21.00 price range, for gross proceeds of $95 mil
NexPoint Real Estate Finance, Inc. set the price of its initial public offering of 5,000,000 shares at $19.00 per share, which was within the $19.00 to $21.00 price range, for gross proceeds of $95 mil
OneWater Marine Inc.10 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.84 per share (a gross spread of 7%) and a total of $3.9 mil for underwriting OneWater Marine Inc.'s IPO
The underwriters received a discount of $0.84 per share (a gross spread of 7%) and a total of $3.9 mil for underwriting OneWater Marine Inc.'s IPO
OneWater Marine Inc.10 Feb 20
IPO Price Disclosed
OneWater Marine Inc. set the price of its initial public offering of 4,615,385 shares at $12.00 per share, which was within the significantly reduced $12.00 to $14.00 price range, for gross proceeds of $55.4 mil
OneWater Marine Inc. set the price of its initial public offering of 4,615,385 shares at $12.00 per share, which was within the significantly reduced $12.00 to $14.00 price range, for gross proceeds of $55.4 mil
F5 Finishes, Inc.07 Feb 20
Shares Offered Decreased
F5 Finishes, Inc. decreased the number of common shares to be offered to 4,000,000 shares from 5,000,000 shares
F5 Finishes, Inc. decreased the number of common shares to be offered to 4,000,000 shares from 5,000,000 shares
F5 Finishes, Inc.07 Feb 20
Price Range Decreased
F5 Finishes, Inc. decreased the anticipated price range for its IPO to between $5.00 per share from $7.00 to $8.00 per share
F5 Finishes, Inc. decreased the anticipated price range for its IPO to between $5.00 per share from $7.00 to $8.00 per share
Priam Properties Inc.07 Feb 20
Other IPO Related
Priam Properties Inc. has filed a registration statement amendment that removed the original total number of shares to be offered and the original price range information as well as changing the underwriters and the underwriter's counsel
Priam Properties Inc. has filed a registration statement amendment that removed the original total number of shares to be offered and the original price range information as well as changing the underwriters and the underwriter's counsel
The AZEK Company Inc.07 Feb 20
Registration Statement Filed
The AZEK Company Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
The AZEK Company Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Professional Holding Corp.07 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $1.295 per share (a gross spread of 7%) and a total of $4 mil for underwriting Professional Holding Corp.'s IPO
The underwriters received a discount of $1.295 per share (a gross spread of 7%) and a total of $4 mil for underwriting Professional Holding Corp.'s IPO
Professional Holding Corp.07 Feb 20
IPO Price Disclosed
Professional Holding Corp. set the price of its initial public offering of 3,100,000 shares at $18.50 per share, which is 2.6% below the low end of its $19.00 to $21.00 price range, for gross proceeds of $57.35 mil
Professional Holding Corp. set the price of its initial public offering of 3,100,000 shares at $18.50 per share, which is 2.6% below the low end of its $19.00 to $21.00 price range, for gross proceeds of $57.35 mil
Casper Sleep Inc.07 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.78 per share (a gross spread of 7%) and a total of $6.5 mil for underwriting Casper Sleep Inc.'s IPO
The underwriters received a discount of $0.78 per share (a gross spread of 7%) and a total of $6.5 mil for underwriting Casper Sleep Inc.'s IPO
Casper Sleep Inc.07 Feb 20
IPO Price Disclosed
Casper Sleep Inc. set the price of its initial public offering of 8,350,000 shares at $12.00 per share, which was within the significantly reduced $12.00 to $13.00 price range, for gross proceeds of $100 mil
Casper Sleep Inc. set the price of its initial public offering of 8,350,000 shares at $12.00 per share, which was within the significantly reduced $12.00 to $13.00 price range, for gross proceeds of $100 mil
Beam Therapeutics Inc.07 Feb 20
Shares Offered Increased
Beam Therapeutics Inc. increased the number of common shares to be offered to 10,588,236 from 9,250,000 shares
Beam Therapeutics Inc. increased the number of common shares to be offered to 10,588,236 from 9,250,000 shares
Beam Therapeutics Inc.07 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $1.19 per share (a gross spread of 7%) and a total of $12.6 mil for underwriting Beam Therapeutics Inc.'s IPO
The underwriters received a discount of $1.19 per share (a gross spread of 7%) and a total of $12.6 mil for underwriting Beam Therapeutics Inc.'s IPO
Beam Therapeutics Inc.07 Feb 20
IPO Price Disclosed
Beam Therapeutics Inc. set the price of its upsized initial public offering of 10,588,236 shares at $17.00 per share, which was within the $15.00 to $17.00 price range, for gross proceeds of $180 mil
Beam Therapeutics Inc. set the price of its upsized initial public offering of 10,588,236 shares at $17.00 per share, which was within the $15.00 to $17.00 price range, for gross proceeds of $180 mil
Huize Holding Limited06 Feb 20
Shares Offered Disclosed
Huize Holding Limited disclosed plans to offer 4,650,000 American Depositary Shares (ADS) with each ADS representing 20 Class A ordinary share
Huize Holding Limited disclosed plans to offer 4,650,000 American Depositary Shares (ADS) with each ADS representing 20 Class A ordinary share
Huize Holding Limited06 Feb 20
Price Range Disclosed
Huize Holding Limited set the anticipated price range for its IPO at $9.40 to $11.40 per American Depositary Share
Huize Holding Limited set the anticipated price range for its IPO at $9.40 to $11.40 per American Depositary Share
Schrodinger, Inc.06 Feb 20
Shares Offered Increased
Schrodinger, Inc. increased the number of common shares to be offered to 11,882,352 from 10,000,000 shares
Schrodinger, Inc. increased the number of common shares to be offered to 11,882,352 from 10,000,000 shares
Schrodinger, Inc.06 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $1.19 per share (a gross spread of 7%) and a total of $14.1 mil for underwriting Schrodinger, Inc.'s IPO
The underwriters received a discount of $1.19 per share (a gross spread of 7%) and a total of $14.1 mil for underwriting Schrodinger, Inc.'s IPO
Schrodinger, Inc.06 Feb 20
IPO Price Disclosed
Schrodinger, Inc. set the price of its initial public offering of 11,882,352 shares at $17.00 per share, which is 6.25% above the high end of its $14.00 to $16.00 price range, for gross proceeds of $202 mil
Schrodinger, Inc. set the price of its initial public offering of 11,882,352 shares at $17.00 per share, which is 6.25% above the high end of its $14.00 to $16.00 price range, for gross proceeds of $202 mil
NexPoint Real Estate Finance, Inc.06 Feb 20
Registration Statement Declared Effective
NexPoint Real Estate Finance, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
NexPoint Real Estate Finance, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
OneWater Marine Inc.06 Feb 20
Registration Statement Declared Effective
OneWater Marine Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
OneWater Marine Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Professional Holding Corp.06 Feb 20
Registration Statement Declared Effective
Professional Holding Corp.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Professional Holding Corp.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Warner Music Group Corp.06 Feb 20
Registration Statement Filed
Warner Music Group Corp. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Warner Music Group Corp. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
PPD, Inc.06 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $1.215 per share (a gross spread of 7%) and a total of $72.9 mil for underwriting PPD, Inc.'s IPO
The underwriters received a discount of $1.215 per share (a gross spread of 7%) and a total of $72.9 mil for underwriting PPD, Inc.'s IPO
PPD, Inc.06 Feb 20
IPO Price Disclosed
PPD, Inc. set the price of its initial public offering of 60,000,000 shares at $27.00 per share, which was within the $24.00 to $27.00 price range, for gross proceeds of $1.62 bil
PPD, Inc. set the price of its initial public offering of 60,000,000 shares at $27.00 per share, which was within the $24.00 to $27.00 price range, for gross proceeds of $1.62 bil
InterPrivate Acquisition Corp.05 Feb 20
Shares Offered Increased
InterPrivate Acquisition Corp. increased the number of units to be offered to 17,500,000 units from 21,000,000 units
InterPrivate Acquisition Corp. increased the number of units to be offered to 17,500,000 units from 21,000,000 units
Schrodinger, Inc.05 Feb 20
Registration Statement Declared Effective
Schrodinger, Inc. registration statement was declared effective by the Securities and Exchange Commission (SEC)
Schrodinger, Inc. registration statement was declared effective by the Securities and Exchange Commission (SEC)
Casper Sleep Inc.05 Feb 20
Price Range Decreased
Casper Sleep Inc. decreased the anticipated price range for its IPO to between $12.00 to $13.00 per share from $17.00 to $19.00 per share
Casper Sleep Inc. decreased the anticipated price range for its IPO to between $12.00 to $13.00 per share from $17.00 to $19.00 per share
Casper Sleep Inc.05 Feb 20
Registration Statement Declared Effective
Casper Sleep Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Casper Sleep Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Beam Therapeutics Inc.05 Feb 20
Shares Offered Increased
Beam Therapeutics Inc. increased the number of common shares to be offered to 9,250,000 from 6,250,000 shares
Beam Therapeutics Inc. increased the number of common shares to be offered to 9,250,000 from 6,250,000 shares
Beam Therapeutics Inc.05 Feb 20
Registration Statement Declared Effective
Beam Therapeutics Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Beam Therapeutics Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
PPD, Inc.05 Feb 20
Registration Statement Declared Effective
PPD, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
PPD, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
KCI Holdings, Inc.04 Feb 20
IPO Withdrawn
KCI Holdings, Inc. withdrew its initial public offering as the company was acquired by 3M for $6.7 bil, including the assumption of debt effective October 11, 2019
KCI Holdings, Inc. withdrew its initial public offering as the company was acquired by 3M for $6.7 bil, including the assumption of debt effective October 11, 2019
Revolution Medicines, Inc.03 Feb 20
Shares Offered Disclosed
Revolution Medicines, Inc. disclosed plans to offer 10,000,000 common shares to the public
Revolution Medicines, Inc. disclosed plans to offer 10,000,000 common shares to the public
Revolution Medicines, Inc.03 Feb 20
Price Range Disclosed
Revolution Medicines, Inc. set the anticipated price range for its IPO at $14.00 to $16.00 per share
Revolution Medicines, Inc. set the anticipated price range for its IPO at $14.00 to $16.00 per share
InterPrivate Acquisition Corp.03 Feb 20
Registration Statement Declared Effective
InterPrivate Acquisition Corp. registration statement was declared effective by the Securities and Exchange Commission (SEC)
InterPrivate Acquisition Corp. registration statement was declared effective by the Securities and Exchange Commission (SEC)
1Life Healthcare, Inc.03 Feb 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.91 per share (a gross spread of 6.5%) and a total of $15.93 mil for underwriting 1Life Healthcare, Inc.'s IPO
The underwriters received a discount of $0.91 per share (a gross spread of 6.5%) and a total of $15.93 mil for underwriting 1Life Healthcare, Inc.'s IPO
1Life Healthcare, Inc.03 Feb 20
IPO Price Disclosed
1Life Healthcare, Inc. set the price of its initial public offering of 17,500,000 shares at $14.00 per share, which was within the $14.00 to $16.00 price range, for gross proceeds of $245 mil
1Life Healthcare, Inc. set the price of its initial public offering of 17,500,000 shares at $14.00 per share, which was within the $14.00 to $16.00 price range, for gross proceeds of $245 mil
Passage Bio, Inc.03 Feb 20
Registration Statement Filed
Passage Bio, Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Passage Bio, Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
dMY Technology Group, Inc.31 Jan 20
Registration Statement Filed
dMY Technology Group, Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
dMY Technology Group, Inc. filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
dMY Technology Group, Inc.31 Jan 20
Shares Offered Disclosed
dMY Technology Group, Inc. disclosed plans to offer 20,000,000 units, with each unit consisting of one share of Class A common stock and one-half of one redeemable warrant
dMY Technology Group, Inc. disclosed plans to offer 20,000,000 units, with each unit consisting of one share of Class A common stock and one-half of one redeemable warrant
dMY Technology Group, Inc.31 Jan 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.55 per share (a gross spread of 5.5%) and a total of $11 mil for underwriting dMY Technology Group, Inc.'s IPO
The underwriters received a discount of $0.55 per share (a gross spread of 5.5%) and a total of $11 mil for underwriting dMY Technology Group, Inc.'s IPO
dMY Technology Group, Inc.31 Jan 20
Other IPO Related
dMY Technology Group, Inc. disclosed that the offer price for the units issued in its initial public offering will be $10.00 per unit
dMY Technology Group, Inc. disclosed that the offer price for the units issued in its initial public offering will be $10.00 per unit
Arcutis Biotherapeutics, Inc.31 Jan 20
Shares Offered Increased
Arcutis Biotherapeutics, Inc. increased the number of common shares to be offered to 9,375,000 from 7,812,500 shares
Arcutis Biotherapeutics, Inc. increased the number of common shares to be offered to 9,375,000 from 7,812,500 shares
Arcutis Biotherapeutics, Inc.31 Jan 20
Underwriting Discount Disclosed
The underwriters received a discount of $1.19 per share (a gross spread of 7%) and a total of $11.2 mil for underwriting Arcutis Biotherapeutics, Inc.'s IPO
The underwriters received a discount of $1.19 per share (a gross spread of 7%) and a total of $11.2 mil for underwriting Arcutis Biotherapeutics, Inc.'s IPO
Arcutis Biotherapeutics, Inc.31 Jan 20
IPO Price Disclosed
Arcutis Biotherapeutics, Inc. set the price of its upsized initial public offering of 9,375,000 shares at $17.00 per share, which was within the $15.00 to $17.00 price range, for gross proceeds of $159.4 mil
Arcutis Biotherapeutics, Inc. set the price of its upsized initial public offering of 9,375,000 shares at $17.00 per share, which was within the $15.00 to $17.00 price range, for gross proceeds of $159.4 mil
Riley Exploration Permian, Inc.31 Jan 20
IPO Withdrawn
Riley Exploration Permian, Inc. withdrew its initial public offering citing unfavorable market conditions
Riley Exploration Permian, Inc. withdrew its initial public offering citing unfavorable market conditions
Reynolds Consumer Products Inc.31 Jan 20
Underwriting Discount Disclosed
The underwriters received a discount of $1.235 per share (a gross spread of 4.75%) and a total of $58.3 mil for underwriting Reynolds Consumer Products Inc.'s IPO
The underwriters received a discount of $1.235 per share (a gross spread of 4.75%) and a total of $58.3 mil for underwriting Reynolds Consumer Products Inc.'s IPO
Reynolds Consumer Products Inc.31 Jan 20
IPO Price Disclosed
Reynolds Consumer Products Inc. set the price of its initial public offering of 47,170,000 shares at $26.00 per share, which was within the $25.00 to $28.00 price range, for gross proceeds of $1.226 bil
Reynolds Consumer Products Inc. set the price of its initial public offering of 47,170,000 shares at $26.00 per share, which was within the $25.00 to $28.00 price range, for gross proceeds of $1.226 bil
AnPac Bio-Medical Science Co., Ltd.31 Jan 20
Shares Offered Decreased
AnPac Bio-Medical Science Co., Ltd. decreased the number of American Depositary Shares (ADS) to be offered to 1,333,360 ADSs from 1,666,700 ADSs
AnPac Bio-Medical Science Co., Ltd. decreased the number of American Depositary Shares (ADS) to be offered to 1,333,360 ADSs from 1,666,700 ADSs
AnPac Bio-Medical Science Co., Ltd.31 Jan 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.84 per share (a gross spread of 7%) and a total of $1.12 mil for underwriting AnPac Bio-Medical Science Co., Ltd.'s IPO
The underwriters received a discount of $0.84 per share (a gross spread of 7%) and a total of $1.12 mil for underwriting AnPac Bio-Medical Science Co., Ltd.'s IPO
AnPac Bio-Medical Science Co., Ltd.31 Jan 20
IPO Price Disclosed
AnPac Bio-Medical Science Co., Ltd. set the price of its downsized initial public offering of 1,333,360 shares at $12.00 per share, which was within the $12.00 to $14.00 price range, for gross proceeds of $16 mil
AnPac Bio-Medical Science Co., Ltd. set the price of its downsized initial public offering of 1,333,360 shares at $12.00 per share, which was within the $12.00 to $14.00 price range, for gross proceeds of $16 mil
Professional Holding Corp.30 Jan 20
Shares Offered Disclosed
Professional Holding Corp. disclosed plans to offer 3,100,000 Class A common shares to the public
Professional Holding Corp. disclosed plans to offer 3,100,000 Class A common shares to the public
Professional Holding Corp.30 Jan 20
Price Range Disclosed
Professional Holding Corp. set the anticipated price range for its IPO at $19.00 to $21.00 per share
Professional Holding Corp. set the anticipated price range for its IPO at $19.00 to $21.00 per share
1Life Healthcare, Inc.30 Jan 20
Registration Statement Declared Effective
1Life Healthcare, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
1Life Healthcare, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Arcutis Biotherapeutics, Inc.30 Jan 20
Registration Statement Declared Effective
Arcutis Biotherapeutics, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Arcutis Biotherapeutics, Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Reynolds Consumer Products Inc.30 Jan 20
Registration Statement Declared Effective
Reynolds Consumer Products Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Reynolds Consumer Products Inc.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Annovis Bio, Inc.30 Jan 20
Shares Offered Increased
Annovis Bio, Inc. increased the number of common shares to be offered to 2,000,000 from 1,428,571 shares
Annovis Bio, Inc. increased the number of common shares to be offered to 2,000,000 from 1,428,571 shares
Annovis Bio, Inc.30 Jan 20
Underwriting Discount Disclosed
The underwriters received a discount of $0.42 per share (a gross spread of 7%) and a total of $840,000 for underwriting Annovis Bio, Inc.'s IPO
The underwriters received a discount of $0.42 per share (a gross spread of 7%) and a total of $840,000 for underwriting Annovis Bio, Inc.'s IPO
Annovis Bio, Inc.30 Jan 20
IPO Price Disclosed
Annovis Bio, Inc. set the price of its initial public offering of 2,000,000 shares at $6.00 per share, which was within the $6.00 to $8.00 price range, for gross proceeds of $12 mil
Annovis Bio, Inc. set the price of its initial public offering of 2,000,000 shares at $6.00 per share, which was within the $6.00 to $8.00 price range, for gross proceeds of $12 mil
Black Diamond Therapeutics, Inc.30 Jan 20
Shares Offered Increased
Black Diamond Therapeutics, Inc. increased the number of common shares to be offered to 10,586,316 from 8,900,000 shares
Black Diamond Therapeutics, Inc. increased the number of common shares to be offered to 10,586,316 from 8,900,000 shares
Black Diamond Therapeutics, Inc.30 Jan 20
Underwriting Discount Disclosed
The underwriters received a discount of $1.33 per share (a gross spread of 7%) and a total of $14 mil for underwriting Black Diamond Therapeutics, Inc.'s IPO
The underwriters received a discount of $1.33 per share (a gross spread of 7%) and a total of $14 mil for underwriting Black Diamond Therapeutics, Inc.'s IPO
Black Diamond Therapeutics, Inc.30 Jan 20
IPO Price Disclosed
Black Diamond Therapeutics, Inc. set the price of its upsized initial public offering of 10,586,316 shares at $19.00 per share, which is 5.5% above the high end of its $16.00 to $18.00 price range, for gross proceeds of $201mil
Black Diamond Therapeutics, Inc. set the price of its upsized initial public offering of 10,586,316 shares at $19.00 per share, which is 5.5% above the high end of its $16.00 to $18.00 price range, for gross proceeds of $201mil
AnPac Bio-Medical Science Co., Ltd.30 Jan 20
Registration Statement Declared Effective
AnPac Bio-Medical Science Co., Ltd.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
AnPac Bio-Medical Science Co., Ltd.'s registration statement was declared effective by the Securities and Exchange Commission (SEC)
Churchill Capital Corp III29 Jan 20
Registration Statement Filed
Churchill Capital Corp III filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Churchill Capital Corp III filed for an initial public offering with its filing of an S-1 with the Securities and Exchange Commission (SEC)
Corporate Governance Reports
Top Takeover Defense Changes of 2019 - 01/14/2020
Deal Point Data continuously tracks changes to corporate charters and bylaws for key governance and takeover defense changes. With much of the conversation surrounding corporate governance shifting away from shareholder rights to social and environmental issues, the volume of defense changes and updates to governing documents in general declined for companies of all sizes for a second year in a row. Read more
Top Takeover Defense Changes of 2018 - 01/14/2019
A review of Deal Point Data defense change and disclosure data for S&P 1500 companies in 2018 yields a few observations including governance best practices adopted by large cap companies continuing to trickle down to smaller companies, companies of all sizes are concerned with stockholder lawsuits, and absent traditional structural defenses, large cap companies are focusing on bylaw language, with very limited participation by stockholders. Read more
Votes to Ratify Poison Pills Have Become Routine as Plans
Evolve - 12/19/2018
It’s hard to believe that the votes associated with what was once the most controversial item in the corporate governance landscape have become downright routine. Since January 1, 2017, 74 out of the 75 company proposals to approve a poison pill (aka a shareholder rights plan) passed and the lone proposal that was voted down comes with an asterisk because it was not a typical vote. Read more
Peak Proxy Access Nomination Season - 10/31/2018
Governance activists waged a hard-fought battle to establish proxy access at public companies and ultimately succeeded as proxy access has been widely adopted. It is therefore rather surprising that we have yet to have a proxy access nomination go to an actual vote. If it is going to happen in the 2019 proxy season, we’re likely to know soon as we’ve entered the part of the calendar where proxy access notice windows are opening. Read more
Securities Offerings
IPOs - Record Unicorn Issuance
The first half of 2019 saw the début of 83 companies listing on U.S. stock exchanges through initial public offerings. The companies raised $34.3 billion a 9.4% decrease over the first six months of 2018. These statistics exclude Special Purpose Acquisition companies. Included in this cohort where 10 “Unicorns”, private companies, such as Uber, with pre-IPO valuations of at least one billion. According to Deal Point Data, this is the most Unicorn issues since IPO records began in 1980. Morgan Stanley topped the Deal Point Data U.S. IPO underwriting league table for the first half of 2019. Cooley was the number one ranked legal counsel to issuers while Davis Polk was the leading counsel to underwriters.
High-Yield Bonds
The dollar value of new issues of SEC registered high-yield bonds fell by 46.8% to $16.2 billion during the first six months of 2019 on a year-over-year basis. On a sequential basis, the dollar value increased by 62.6% compared to the dismal second half of 2018..