Ocugen, Inc. has priced $115 million of 6.75% convertible senior notes due 2034 in a private offering to qualified institutional buyers. The company expects to net about $99.5 million, or up to $112.6 million if the initial purchaser exercises an option to buy more. Ocugen plans to use approximately $32.7 million of the proceeds to repay an outstanding loan and related fees, with the remainder going to general corporate purposes. The notes bear interest semi-annually, mature in 2034, and have conversion features allowing holders to convert into Ocugen common stock starting in 2027, subject to conditions.
Verra Mobility shares dropped 41.2% in after-hours trading following Avis Budget Group's termination of their contract effective September 2026. This contract loss could reduce Verra's annual Commercial Services revenue by $135-$145 million and segme...
Netcapital Inc. shares surged 19.63% in after-hours trading following the announcement of a business update conference call scheduled for Thursday. The new CEO, Todd Violette, will discuss the company's transformation, priorities, and plans to grow i...
ISS has secured a seven-year contract with West Sussex County Council to deliver around 25,000 nutritious school meals daily to primary schools starting Q3 2026. The contract, valued at about DKK 100 million annually, emphasizes inclusivity and high ...
TGS ASA has secured a large 4D streamer contract offshore Angola, set to begin data acquisition in early July 2026 and last about eight months. This contract strengthens TGS's strategic presence in Africa and ensures vessel utilization into early 202...
Roche has introduced the Liver Disease Panel, the first comprehensive set of certified algorithms designed to improve the detection and management of chronic liver disease (CLD). This panel includes LiverPRO, an algorithm that uses routine blood mark...
