GUMMY IDEA #2
MP MP Materials Corp. $32.50 <------
$31.580.09(+0.29%)4:00 PM 02/23/23
NYSE |$USD |Pre-Market:$33.30+1.72(+5.45%)8:25 AM<------ THIS IS NOW ///EXPECTING A SOFT OPEN.
VZ- ISSUING 7 MIL SHARES YESTERDAY KNOCKED IT DOWN?
Assertio Holdings announces exchange offer of $30M of senior notes 07:26 ASRT Assertio entered into separate, privately negotiated exchange agreements with a limited number of holders of Assertio's currently outstanding 6.50% Convertible Senior Notes due 2027. Pursuant to the Exchange Agreements, Assertio will exchange $30.0 million aggregate principal amount of Exchanged Notes for a combination of a cash payment and an agreed number of shares of Assertio's common stock. Assertio will pay an aggregate of $10.5 million in cash and issue an aggregate of approximately 7.0 million shares of its common stock in the transactions. Assertio will not receive any cash proceeds from the issuance of the shares of its common stock. The transactions are subject to customary closing conditions and are expected to close on February 27, 2023. The shares of Assertio's common stock will be issued in private placements exempt from registration in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended. Upon completion of the transactions, Assertio expects to have $40.0 million aggregate principal remaining outstanding on its 6.50% Convertible Senior Notes due 2027.
Assertio Holdings sees Q4 adjusted EPS 31c-32c, consensus 21c 07:03 ASRT Sees Q4 product ales $49M-$50M, consensus $46.82M. "Assertio's preliminary 2022 results demonstrated our ability to scale net product sales and generate substantial cash flow to fund our growth objectives, both organic and strategic," said Dan Peisert, Chief Executive Officer. "We ended 2022 with cash and cash equivalents of $64.9 million, which was greater than our September cash balance even after funding $25 million of asset purchase payments for Otrexup and Sympazan in the fourth quarter."
I DON'T KNOW MR WEIS BUT THIS IS APPARENTLY "STOCK PITCH WORLD CUP" A TERRIBLE NAME WHICH HE COPYRIGHTED!!! LIKE THIS DUDE--
MP MP Materials Corp. $32.50 <------
$31.580.09(+0.29%)4:00 PM 02/23/23
NYSE |$USD |Pre-Market:$33.30+1.72(+5.45%)8:25 AM<------ THIS IS NOW ///EXPECTING A SOFT OPEN.
VZ- ISSUING 7 MIL SHARES YESTERDAY KNOCKED IT DOWN?
Assertio Holdings announces exchange offer of $30M of senior notes 07:26 ASRT Assertio entered into separate, privately negotiated exchange agreements with a limited number of holders of Assertio's currently outstanding 6.50% Convertible Senior Notes due 2027. Pursuant to the Exchange Agreements, Assertio will exchange $30.0 million aggregate principal amount of Exchanged Notes for a combination of a cash payment and an agreed number of shares of Assertio's common stock. Assertio will pay an aggregate of $10.5 million in cash and issue an aggregate of approximately 7.0 million shares of its common stock in the transactions. Assertio will not receive any cash proceeds from the issuance of the shares of its common stock. The transactions are subject to customary closing conditions and are expected to close on February 27, 2023. The shares of Assertio's common stock will be issued in private placements exempt from registration in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended. Upon completion of the transactions, Assertio expects to have $40.0 million aggregate principal remaining outstanding on its 6.50% Convertible Senior Notes due 2027.
Assertio Holdings sees Q4 adjusted EPS 31c-32c, consensus 21c 07:03 ASRT Sees Q4 product ales $49M-$50M, consensus $46.82M. "Assertio's preliminary 2022 results demonstrated our ability to scale net product sales and generate substantial cash flow to fund our growth objectives, both organic and strategic," said Dan Peisert, Chief Executive Officer. "We ended 2022 with cash and cash equivalents of $64.9 million, which was greater than our September cash balance even after funding $25 million of asset purchase payments for Otrexup and Sympazan in the fourth quarter."
I DON'T KNOW MR WEIS BUT THIS IS APPARENTLY "STOCK PITCH WORLD CUP" A TERRIBLE NAME WHICH HE COPYRIGHTED!!! LIKE THIS DUDE--
