HAYWARD, Calif., Oct. 6, 2020 /PRNewswire/ — Benitec Biopharma Inc. (NASDAQ: BNTC) (“Benitec” or “the Company”), a development-stage, gene therapy-focused, biotechnology company developing novel genetic medicines based on the proprietary DNA-directed RNA interference (“ddRNAi”) platform, today announced the closing of an underwritten public offering of 3,225,806 shares of its common stock (or common stock equivalents in lieu thereof) at an effective offering price of $3.10 per share of common stock. In addition, the Company also announced that the underwriter fully exercised its over-allotment option to purchase 483,870 additional shares of its common stock.


(PRNewsfoto/Benitec Biopharma Inc.)

H.C. Wainwright & Co. acted as the sole book-running manager for the offering.

The gross proceeds from this offering to the Company are approximately $11.5 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for the continued advancement of development activities for its product pipeline, general corporate purposes, and strategic growth opportunities.

A registration statement on Form S-1 (File No. 333-246314) relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC“) on October 2, 2020. This offering is being made only by means of a prospectus forming part of the effective registration statement. A final prospectus relating to and describing the terms of the offering has been filed with the SEC. Electronic copies of the final prospectus relating to the offering may be obtained for free by visiting the SEC’s website at www.sec.gov or by contacting H.C. Wainwright & Co., LLC, 430 Park Avenue, 3rd Floor, New York, New York 10022, by email at [email protected] or by telephone at 646-975-6996.

This press release shall not constitute an offer to sell or a solicitation of an offer

DENVER, Oct. 6, 2020 /PRNewswire/ — Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or the “Company”), today announced the closing of its previously announced public offering (the “Offering”) of 9,583,334 units (which includes the exercise in full of the underwriters’ option to purchase 1,250,000 additional units) at a price to the public of $9.00 per unit.  The Offering was upsized from the initial offering of 7,220,000 units (not including the underwriters’ initial over-allotment option of 1,083,000 units). Each unit issued in the Offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $10.50 per share. The warrants are immediately exercisable and expire five years from the date of issuance. The Company does not plan to apply to list the warrants on The Nasdaq Capital Market, any other national securities exchange or any other nationally recognized trading system. The shares of common stock and warrants are immediately separable and were issued separately in the Offering.

(PRNewsfoto/Hycroft Mining Holding Corporat)
(PRNewsfoto/Hycroft Mining Holding Corporat)

After deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, the net proceeds to the Company were approximately $83.1 million.

Diane Garrett, Hycroft’s President and CEO commented “we are very pleased with the success of this financing which allows us to continue advancing the Hycroft Mine and unlocking the value of this significant mineral endowment.  This financing also demonstrates the continued support of our existing shareholders and we welcome the many new shareholders who also participated.”

David Kirsch, Chairman of the Board, said “Hycroft has always been one of the largest gold and silver deposits in the world, and now coupled with Diane’s leadership and the proceeds of this financing, we believe Hycroft is well positioned for success as it continues

The full impact of COVID-19 on future health insurance premiums has yet to be seen, but at least in New York for 2021, state regulators approved a 4.2% average rate increase for the small group market, the second lowest in a decade.

That is a break considering insurers requested an average rate increase of 11.4% in the small group market, which covers employers with 1 to 100 employees.

Still 4.2% is an average across the multiple carriers and plans throughout New York State with some plans seeing higher increases on top of increases small businesses have already endured over the years, say experts.

“The concern is, on the surface, the increases are incremental, but that’s on top of prior year increases,” says Gregg Pajak, president and founder of WizdomOne Group Family of Companies, an Islandia-based risk and investment management firm.

He said the full effect of COVID-19 on premiums will probably not be seen for a year or two because there is still uncertainty on costs including whether the pandemic will worsen again and how costs will be impacted by people putting off health care and elective surgeries this year and pushing them into next year.

Insurance companies had to submit their expected 2021 rate requests for the small group market to the state for approval in June and while they did reflect some pandemic costs, the full impact of COVID-19 probably won’t be reflected until they submit rate requests next year, says James Eckardt, president of Peak Advisors Inc., a Holtsville-based health insurance broker. See tinyurl.com/y46odtbh for approved rates.

By Gwénaëlle Barzic and Sarah White

PARIS (Reuters) – French waste and water company Veolia

hiked its bid for a stake in rival Suez

on Wednesday, and offered a negotiating window for any subsequent full takeover proposal after its initial approach was rebuffed.

Veolia said it had raised its offer for a 29.9% stake in Suez held by power group Engie

to 3.4 billion euros ($4 billion) from 2.9 billion euros.

The company has been trying to persuade Engie to sell the stake as prelude to launching a full takeover bid for Suez, arguing the two would form a global waste and water champion better equipped to take on rivals, including from China.

But Suez has vehemently rejected the approach, describing it as hostile, and set about creating a foundation for its French water business, which could be a hurdle for any Veolia takeover.

That has led to an increasingly acrimonious tit-for-tat which the French government, a shareholder in Engie, has been trying to defuse.

Veolia on Wednesday piled the pressure on Engie to come to a swift decision by saying its new 18 euros per share offer – up from 15.5 euros previously – would expire by the end of the day, sticking to a timetable it had set itself at the end of August.

“It (the offer) is still due to run out at midnight tonight,” Veolia Chief Executive Antoine Frerot told reporters.

But Veolia also amended its bid by saying it would only launch a subsequent tender offer for the whole of Suez with the blessing of the company’s board, and offered a six month period during which to negotiate, should it acquire the 29.9% stake.

Suez shares were up 7.2% to 15.99 euros at 0829 GMT. A full bid for Suez at 18 euros per share



Joe Biden wearing a suit and tie: This combination of pictures created on Sept. 29, 2020, shows President Donald Trump and former Vice President Joe Biden squaring off during the first presidential debate at the Case Western Reserve University and Cleveland Clinic in Cleveland, Ohio.


© JIM WATSON, AFP via Getty Images
This combination of pictures created on Sept. 29, 2020, shows President Donald Trump and former Vice President Joe Biden squaring off during the first presidential debate at the Case Western Reserve University and Cleveland Clinic in Cleveland, Ohio.

Presto ID for embed: 3565015001.

President Donald Trump and former Vice President Joe Biden take the debate stage Tuesday evening in the first of three meetings between the Republican and Democratic candidates running for the White House.

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Throughout the day — and throughout the debate, which starts at 6 p.m. Arizona time — reporters at The Arizona Republic and azcentral will keep you up to date on the much-anticipated event. You can watch a livestream of the debate at azcentral.com.

7:45 p.m.: Climate change addressed after all, debate ends

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Environmental activists were incensed that moderator Chris Wallace’s list of proposed topics for Tuesday’s presidential debate did not include climate change. 

In a surprise move, the Fox News anchor dedicated a significant portion of the debate’s last half-hour to the topic.

Citing “raging” forest fires in the American West and President Donald Trump’s history of loosening environmental protections, Wallace asked: “What do you believe about the science of climate change, and what will you do in the next four years to confront it?”

Trump said he wants “crystal clean water and air” but without putting businesses “out of commission.” He blamed the wildfires ravaging California on poor forest management.

Wallace pressed again, asking: “What do you believe about the science of climate change?”

“I believe that we have to do everything we can to have immaculate air, immaculate water and do whatever else we can,” Trump responded.

“Do you