NewGenIvf Obtains $100 Million Equity Line of Credit; Shares Soar Pre-Bell

MT Newswires Live
2024-11-18

NewGenIvf Group (NIVF) shares soared more than 71% in Monday's premarket activity after the company said it has signed a binding term sheet with White Lion Capital for a $100 million equity line of credit that is expandable to $500 million.

Under the terms of the agreement, the company said it will have the option to sell to White Lion up to $100 million in shares of common stock over an initial 36-month period.

NewGenIvf said the $100 million limit could rise to $300 million for mergers and acquisitions activity, and further to $500 million after $250 million has been drawn.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10