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AllGetRich
2021-02-24
[财迷]
抱歉,原内容已删除
AllGetRich
2021-02-19
[微笑]
Singapore Exchange hopes to list SPACs as early as this year
AllGetRich
2021-02-04
[财迷]
Chinese cloud communication provider Cloopen Group Holding sets terms for $280 million US IPO
AllGetRich
2021-02-04
[捂脸]
Why investors were willing to write Robinhood a $3 billion check during the GameStop chaos
AllGetRich
2021-02-02
[疑问]
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","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384456600","repostId":"1102078157","repostType":4,"repost":{"id":"1102078157","pubTimestamp":1613643052,"share":"https://www.laohu8.com/m/news/1102078157?lang=&edition=full","pubTime":"2021-02-18 18:10","market":"sg","language":"en","title":"Singapore Exchange hopes to list SPACs as early as this year","url":"https://stock-news.laohu8.com/highlight/detail?id=1102078157","media":"Bloomberg","summary":"[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enoug","content":"<p>[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enough support from the industry.</p><p>An impending marketconsultation on special purpose acquisition companies (SPAC)this quarter could take some time to get feedback, chief executive officer (CEO) Loh Boon Chye said in an interview Wednesday.</p><p>\"If the market is supportive, we hope to be able to do that sometime this year.\"</p><p>SPACs became a buzzword last year, sprouting by the dozen as the rich and famous - from hedge fund billionaire Bill Ackman to former US Speaker of the House Paul Ryan - and private equity firms rushed to set up new ones.</p><p>SPACs are increasingly seen as an appealing alternative route to public markets because the process avoids the risk and uncertainty of an initial public offering, though they've also been criticised for their structure, where managers - the founders - collect fees as an incentive to find a target and complete a deal. Many blank-cheque companies have turned to Asia to seek takeover targets.</p><p>The concept isn't new to the Singapore exchange. It had initiated a consultation on SPAC listings in 2010 - but there wasn't enough appetite among businesses and investors back then.</p><p>\"The world has changed, capital markets have evolved since then,\" said Mr Loh, who took over as CEO in 2015 after a long career in banking. He added that lower-for-longer interest rates, shorter business cycles, volatile markets and stimulus measures are heightening the need for and the ability to seek capital. SPACs could facilitate that while minimising market risk exposure by providing another avenue for investment, he said.</p><p>SPACs could be a way to revive investor interest in Singapore's stock market. The bourse has struggled to attract big-ticket IPOs over the past few years particularly in hot sectors such as technology. While the market volatility of 2020 was a boon, the value of shares traded remained below its five-year average.</p><p>SGX expects stock market listings this year in various sectors including technology, he said, as it awaits the mega IPO of Thai Beverage's brewery unit. The amount raised in first-time share sales in the city-state slumped to US$914 million last year from US$3.4 billion in 2017, according to data compiled by Bloomberg.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Exchange hopes to list SPACs as early as this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Exchange hopes to list SPACs as early as this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-18 18:10 GMT+8 <a href=https://www.businesstimes.com.sg/companies-markets/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enough support from the industry.An impending marketconsultation on special purpose acquisition companies...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/companies-markets/singapore-exchange-hopes-to-list-spacs-as-early-as-this-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102078157","content_text":"[SINGAPORE] The Singapore Exchange (SGX)could list blank-cheque companies this year if it gets enough support from the industry.An impending marketconsultation on special purpose acquisition companies (SPAC)this quarter could take some time to get feedback, chief executive officer (CEO) Loh Boon Chye said in an interview Wednesday.\"If the market is supportive, we hope to be able to do that sometime this year.\"SPACs became a buzzword last year, sprouting by the dozen as the rich and famous - from hedge fund billionaire Bill Ackman to former US Speaker of the House Paul Ryan - and private equity firms rushed to set up new ones.SPACs are increasingly seen as an appealing alternative route to public markets because the process avoids the risk and uncertainty of an initial public offering, though they've also been criticised for their structure, where managers - the founders - collect fees as an incentive to find a target and complete a deal. Many blank-cheque companies have turned to Asia to seek takeover targets.The concept isn't new to the Singapore exchange. It had initiated a consultation on SPAC listings in 2010 - but there wasn't enough appetite among businesses and investors back then.\"The world has changed, capital markets have evolved since then,\" said Mr Loh, who took over as CEO in 2015 after a long career in banking. He added that lower-for-longer interest rates, shorter business cycles, volatile markets and stimulus measures are heightening the need for and the ability to seek capital. SPACs could facilitate that while minimising market risk exposure by providing another avenue for investment, he said.SPACs could be a way to revive investor interest in Singapore's stock market. The bourse has struggled to attract big-ticket IPOs over the past few years particularly in hot sectors such as technology. While the market volatility of 2020 was a boon, the value of shares traded remained below its five-year average.SGX expects stock market listings this year in various sectors including technology, he said, as it awaits the mega IPO of Thai Beverage's brewery unit. The amount raised in first-time share sales in the city-state slumped to US$914 million last year from US$3.4 billion in 2017, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":317179431,"gmtCreate":1612431542323,"gmtModify":1703761757777,"author":{"id":"3575075746126166","authorId":"3575075746126166","name":"AllGetRich","avatar":"https://static.tigerbbs.com/0aa159411bd1159fa2676587e48c6908","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] ","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/317179431","repostId":"1177377712","repostType":4,"repost":{"id":"1177377712","pubTimestamp":1612431358,"share":"https://www.laohu8.com/m/news/1177377712?lang=&edition=full","pubTime":"2021-02-04 17:35","market":"us","language":"en","title":"Chinese cloud communication provider Cloopen Group Holding sets terms for $280 million US IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1177377712","media":"Renaissance Capital","summary":"Cloopen Group Holding, which provides cloud-based communication services in China, announced terms f","content":"<p>Cloopen Group Holding, which provides cloud-based communication services in China, announced terms for its IPO on Wednesday.</p>\n<p>The Beijing, China-based company plans to raise $280 million by offering 20 million ADSs at a price range of $13 to $15. At the midpoint of the proposed range, Cloopen Group Holding would command a market value of $2.1 billion.</p>\n<p>In terms of 2019 revenue, Cloopen Group operates the largest multi-capability cloud-based communications solution provider in China. It is also the only provider in China that offers a full suite of cloud-based communications solutions, covering communications platform as a service, cloud-based contact centers, and cloud-based unified communications and collaborations.</p>\n<p>Cloopen Group Holding was founded in 2012 and booked $113 million in revenue for the 12 months ended September 30, 2020. It plans to list on the NYSE under the symbolRAAS. Goldman Sachs, Citi and CICC are the joint bookrunners on the deal.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese cloud communication provider Cloopen Group Holding sets terms for $280 million US IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese cloud communication provider Cloopen Group Holding sets terms for $280 million US IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-04 17:35 GMT+8 <a href=https://www.renaissancecapital.com/IPO-Center/News/76061/Chinese-cloud-communication-provider-Cloopen-Group-Holding-sets-terms-for-$><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cloopen Group Holding, which provides cloud-based communication services in China, announced terms for its IPO on Wednesday.\nThe Beijing, China-based company plans to raise $280 million by offering 20...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/76061/Chinese-cloud-communication-provider-Cloopen-Group-Holding-sets-terms-for-$\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/76061/Chinese-cloud-communication-provider-Cloopen-Group-Holding-sets-terms-for-$","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177377712","content_text":"Cloopen Group Holding, which provides cloud-based communication services in China, announced terms for its IPO on Wednesday.\nThe Beijing, China-based company plans to raise $280 million by offering 20 million ADSs at a price range of $13 to $15. At the midpoint of the proposed range, Cloopen Group Holding would command a market value of $2.1 billion.\nIn terms of 2019 revenue, Cloopen Group operates the largest multi-capability cloud-based communications solution provider in China. It is also the only provider in China that offers a full suite of cloud-based communications solutions, covering communications platform as a service, cloud-based contact centers, and cloud-based unified communications and collaborations.\nCloopen Group Holding was founded in 2012 and booked $113 million in revenue for the 12 months ended September 30, 2020. It plans to list on the NYSE under the symbolRAAS. Goldman Sachs, Citi and CICC are the joint bookrunners on the deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":317396446,"gmtCreate":1612414294585,"gmtModify":1703761510375,"author":{"id":"3575075746126166","authorId":"3575075746126166","name":"AllGetRich","avatar":"https://static.tigerbbs.com/0aa159411bd1159fa2676587e48c6908","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[捂脸] ","listText":"[捂脸] ","text":"[捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/317396446","repostId":"1198219554","repostType":4,"repost":{"id":"1198219554","pubTimestamp":1612405479,"share":"https://www.laohu8.com/m/news/1198219554?lang=&edition=full","pubTime":"2021-02-04 10:24","market":"us","language":"en","title":"Why investors were willing to write Robinhood a $3 billion check during the GameStop chaos","url":"https://stock-news.laohu8.com/highlight/detail?id=1198219554","media":"cnbc","summary":"KEY POINTS\n\nVenture capital investors doubled down on investments in Robinhood even as the company s","content":"<div>\n<p>KEY POINTS\n\nVenture capital investors doubled down on investments in Robinhood even as the company scrambled to raise billions of dollars to meet new capital requirements, and faced pressure from ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/03/why-investors-were-willing-to-write-robinhood-a-3-billion-check-during-the-gamestop-chaos-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why investors were willing to write Robinhood a $3 billion check during the GameStop chaos</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy investors were willing to write Robinhood a $3 billion check during the GameStop chaos\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-04 10:24 GMT+8 <a href=https://www.cnbc.com/2021/02/03/why-investors-were-willing-to-write-robinhood-a-3-billion-check-during-the-gamestop-chaos-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nVenture capital investors doubled down on investments in Robinhood even as the company scrambled to raise billions of dollars to meet new capital requirements, and faced pressure from ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/03/why-investors-were-willing-to-write-robinhood-a-3-billion-check-during-the-gamestop-chaos-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.cnbc.com/2021/02/03/why-investors-were-willing-to-write-robinhood-a-3-billion-check-during-the-gamestop-chaos-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198219554","content_text":"KEY POINTS\n\nVenture capital investors doubled down on investments in Robinhood even as the company scrambled to raise billions of dollars to meet new capital requirements, and faced pressure from customers and lawmakers.\nUser growth during the chaos and its prospects as a public company convinced at least three VC investors that backing Robinhood was the right move.\n\"In spite of the trouble last week, the metrics suggest retail trading is exploding and Robinhood is still the only game in town,\" one investor tells CNBC.\n\nRobinhood's ability to add hundreds of thousands of new customers during a week of chaos, along with its IPO prospects, convinced Silicon Valley backers that a multi-billion-dollar cash infusion was worth it.\nCNBC spoke to three of Robinhood's investors, who agreed to speak about the emergency funding without being named, because the conversations were private. All of them said there was \"strong demand\" for investors to get a piece of Robinhood, even as the company stared down a public relations and regulatory crisis.\nThe trouble started last week, as Robinhoodrestrictedtrading for a list of stocks includingGameStop. Amateur investors had bid up those names on social media, causing massive losses for hedge funds that shorted them.\nRobinhood wasnot the onlybrokerage firm to do this. Still, its decision was met with a big backlash from traders and even celebrities on Twitter and Reddit. Some accused the company of colluding with hedge funds to shut down the buy-side of the trade. Lawmakersfrom both major partiesalso lobbed accusations of market manipulation at Robinhood. (Robinhood CEO’s Vlad Tenev said itdid not make the move because of any outside pressure.)\nBut the biggest near-term crisis, was having enough capital to meet regulatory requirements.\nBrokerage firms like Robinhood need to send cash every day to the Depository Trust Company to make sure there’s enough collateral backing up customer trades in the two days it takes them to settle. That formula is based on volatility among other factors, which picked up last week as stocks like GameStop shot up 400%, and rookie traders were deploying leverage.\nThe $3 billion bill\nThe amount Robinhood was expected to post for names like GameStop and AMC increased tenfold, the company said in a blogpost. Robinhood’s operations team woke up to a request at 3:30 a.m. PT on Thursday from the National Securities Clearing Corp, the third party where it reports the collateral, CEO Tenevtold Elon Muskin a conversation on the audio chat app, Clubhouse. The total amount Robinhood needed to post came in at $3 billion, according to Tenev.\nAt the time, Robinhood did not have the capital.\nThe first step was to call up venture capital investors. They were able to round up $1 billion in convertible debt, sources said. That debt will convert to equity when Robinhood goes public, and those investors will get a 30% discount to the market price.\n“In spite of the trouble last week, the metrics suggest retail trading is exploding and Robinhood is still the only game in town,” one investor told CNBC. “This is going to be a big company and if you believe they’re going to IPO, you can get in right now at a discount.”\nThat first tranche was oversubscribed on Thursday, and investors said that Robinhood turned investors away — at first.\nThey decided to open up a second round with the same debt structure that amounted to $2.4 billion. In total, Robinhood brought in $3.4 billion over a few days in capital to meet its regulatory requirements. Because it was debt, not equity, Robinhood’s $11.7 billion valuation on paper did not change. The start-up also tapped a $600 million line of credit from JP Morgan and Goldman Sachs.\nInvestors said that should be “more than enough,” for now. Robinhood is also profitable on a GAAP basis, one investor said. The cushion should be big enough that Robinhood’s balance sheet can handle the shock of similar capital issues cropping up again, the investors said.\nAs of Wednesday midday however, Robinhood was stilllimiting some trading in GameStop and AMC.\nA flood of cash would also put Robinhood in a stronger position ahead of an IPO, which investors expect to happen within the next year but would not give specifics. A direct listing and special purpose acquisition company, or SPAC, are still on the table, but the company “hasn’t decided yet,” one investor told CNBC.\nRobinhood declined to comment on the deal structure and IPO plans.\nShocking user growth\nRobinhood saw fierce criticism from investors like Chamath Palihapitiya -- who is taking another investing platform, Sofi, public through a SPAC -- and rapper Ja Rule, tweeting #deleteRobinhood. Hundreds of users on social media threatened to leave Robinhood for other brokerage firms, and the company is facing multiple class action lawsuits from angry users.\nOne venture capital investor who saw the internal growth metrics last week said the flood of new investors “far outweighed” any attrition. Robinhood was the top app in the iOS app store for multiple days. It also led the industry in app downloads by a wide margin with 600,000 people downloading the free-trading app, according to JMP Securitiesanalysis.\nThat metric was the silver lining investors focused on when weighing whether to throw billions of dollars at the company.\n“It’s the fastest growing consumer app, and has better engagement than social media,” one investor said. “The majority of those new traders won’t be trading GameStop.”\nGrowing too fast has also been a criticism of Robinhood. Palihapitiya and others have suggested that Robinhood stop bringing in new investors until the start-up can shore up last week’s issues. Despite those warnings, Robinhood is spending on marketing for brand awareness. The start-upannouncedits largest brand campaign ever on Wednesday, with a commercial airing during the Super Bowl.\nWishing for a ‘mulligan’\nDespite the tumultuous week, at least three investors were aligned on wanting Tenev to continue leading the start-up through its public debut.\n“Vlad as a leader is fantastic— this week has been tough on the whole team,” one investor told CNBC.\nRobinhood’s chief financial officer, Jason Warnick, said there was also support for the CEO internally. He told CNBC that Tenev “mobilized” the team in an “incredibly effective way” through recent weeks and there was “absolutely no one else I would want to be with.”\nStill, they said the start-up made mistakes. Among those were the messaging from Robinhood in the hours after shutting down customer trades. One said he wished Robinhood could have a “mulligan” and said they should have clearly explained the liquidity issue, while tackling the hedge fund theories out of the gate.\nOn Thursday, Robinhood’s CEO told CNBC that “there was no liquidity problem, and to be clear this was done preemptively so we did this proactively and thousands of other securities remain tradeable on the platform.”\nTenev, who co-founded Robinhood, is facing immense pressure on Capitol Hill. Senator Elizabeth Warren sent the start-up a letterasking for an explanation of why Robinhood shut down trades. He is expected to testify at a House Financial Services Committee hearing later in February. On Wednesday, one of Robinhood’s regulators, FINRA, issued a report saying that it’s increasing oversight of “game-like” trading apps. Regulation is a risk but it’s “impossible to price in,” one investor said.\nRobinhood, and the rest of the online brokerage industry, rely on what’s known aspayment for order flowas their profit engine in lieu of commissions. Market makers pay e-brokers like Robinhood for the right to execute customer trades. The broker is then paid a small fee for the shares that are routed, which can add up to millions when customers trade as actively as they have this year. That practice may come under fire after the events of last week.\n“Robinhood’s value is not the revenue model, it’s the user engagement,” one investor said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":315120944,"gmtCreate":1612223447588,"gmtModify":1703758955913,"author":{"id":"3575075746126166","authorId":"3575075746126166","name":"AllGetRich","avatar":"https://static.tigerbbs.com/0aa159411bd1159fa2676587e48c6908","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[疑问] ","listText":"[疑问] ","text":"[疑问]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/315120944","repostId":"2108271505","repostType":4,"isVote":1,"tweetType":1,"viewCount":557,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引"}],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":315120944,"gmtCreate":1612223447588,"gmtModify":1703758955913,"author":{"id":"3575075746126166","authorId":"3575075746126166","name":"AllGetRich","avatar":"https://static.tigerbbs.com/0aa159411bd1159fa2676587e48c6908","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[疑问] ","listText":"[疑问] ","text":"[疑问]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/315120944","repostId":"2108271505","repostType":4,"repost":{"id":"2108271505","pubTimestamp":1612174556,"share":"https://www.laohu8.com/m/news/2108271505?lang=&edition=full","pubTime":"2021-02-01 18:15","market":"sg","language":"en","title":"SingapoRediscovers Vouchers open to tourism businesses of all sizes, but not eateries: Chan Chun Sing","url":"https://stock-news.laohu8.com/highlight/detail?id=2108271505","media":"businesstimes","summary":"MORE than half of the businesses in the SingapoRediscovers Vouchers (SRV) scheme are hotels, Ministe","content":"<div>\n<p>MORE than half of the businesses in the SingapoRediscovers Vouchers (SRV) scheme are hotels, Minister for Trade and Industry Chan Chun Sing told Parliament on Monday, while ruling out extending the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/government-economy/singaporediscovers-vouchers-open-to-tourism-businesses-of-all-sizes-but-not\">Web Link</a>\n\n</div>\n","source":"bustime_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SingapoRediscovers Vouchers open to tourism businesses of all sizes, but not eateries: Chan Chun Sing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapoRediscovers Vouchers open to tourism businesses of all sizes, but not eateries: Chan Chun Sing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 18:15 GMT+8 <a href=https://www.businesstimes.com.sg/government-economy/singaporediscovers-vouchers-open-to-tourism-businesses-of-all-sizes-but-not><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MORE than half of the businesses in the SingapoRediscovers Vouchers (SRV) scheme are hotels, Minister for Trade and Industry Chan Chun Sing told Parliament on Monday, while ruling out extending the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/government-economy/singaporediscovers-vouchers-open-to-tourism-businesses-of-all-sizes-but-not\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.businesstimes.com.sg/government-economy/singaporediscovers-vouchers-open-to-tourism-businesses-of-all-sizes-but-not","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2108271505","content_text":"MORE than half of the businesses in the SingapoRediscovers Vouchers (SRV) scheme are hotels, Minister for Trade and Industry Chan Chun Sing told Parliament on Monday, while ruling out extending the domestic tourism credit programme to eateries for now.\nHotels make up 52 per cent of the 402 businesses now accepting SRV credits, while tours make up 37 per cent and attractions make up the remaining 11 per cent.\nThe SRV scheme does not target businesses of any particular revenue range, Mr Chan added, in his written reply to Workers' Party MP Leon Perera (Aljunied GRC).\nMr Perera had asked about the targets and progress in bringing merchants on board the SRV scheme, broken down by revenue size and sector. He also wanted to know what support is available for smaller and less digitally-savvy business operators.\nUnder the S$320 million SRV programme, which runs from December 2020 to June 2021, every adult Singaporean gets S$100 in credits that can be spent on domestic tourism.\nBookings must be made through the Singapore Tourism Board's five appointed vendors: Changi Travel Services, GlobalTix, Klook, Traveloka and Trip.com.\nTapping these partners \"allows businesses, including smaller businesses, which may not have their own booking systems to participate in the scheme\", Mr Chan said.\nHe noted that the platform partners \"have put together comprehensive plans to market the products and offerings of our tourism businesses\" and can help local tourism businesses to develop digital content.\nAs such, eligible businesses do not need digital expertise to participate in the SRV scheme, said Mr Chan, adding: \"These efforts will help businesses who may not have the same reach and audience that the authorised booking partners may have.\"\nSeparately, the minister said that eateries could work with hotels, tours and attractions to build eligible bundles, or contribute deals for the wider SingapoRediscovers campaign - even as such companies are not eligible for SRV redemption on their own.\nFor example, some hotels are working with nearby food and beverage merchants for their staycation packages, Mr Chan said in his written answer.\nPeople's Action Party MP Christopher de Souza (Holland-Bukit Timah GRC) had asked if the SRV scheme could be opened to eateries in \"tourist-targeted areas\".\nIn his reply, Mr Chan noted that the scheme is aimed at \"tourism businesses, specifically hotels, tourist attractions and tours, that derive most of their income from tourists\", given the precipitous fall in global air travel during the Covid-19 pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":557,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看老虎社区创作指引"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384456600,"gmtCreate":1613671662300,"gmtModify":1634552686684,"author":{"id":"3575075746126166","authorId":"3575075746126166","name":"AllGetRich","avatar":"https://static.tigerbbs.com/0aa159411bd1159fa2676587e48c6908","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[微笑] ","listText":"[微笑] ","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384456600","repostId":"1102078157","repostType":4,"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":363861437,"gmtCreate":1614125931329,"gmtModify":1634551095332,"author":{"id":"3575075746126166","authorId":"3575075746126166","name":"AllGetRich","avatar":"https://static.tigerbbs.com/0aa159411bd1159fa2676587e48c6908","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] ","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/363861437","repostId":"2113355418","repostType":2,"repost":{"id":"2113355418","pubTimestamp":1614124620,"share":"https://www.laohu8.com/m/news/2113355418?lang=&edition=full","pubTime":"2021-02-24 07:57","market":"us","language":"en","title":"Sundial and Indiva Announce Closing of $22 Million Strategic Investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2113355418","media":"PR Newswire","summary":"BROKERED PRIVATE PLACEMENT OFFERING OF $11,000,000 AND $11,000,000 TERM LOAN FACILITY\nCALGARY, AB an","content":"<div>\n<p>BROKERED PRIVATE PLACEMENT OFFERING OF $11,000,000 AND $11,000,000 TERM LOAN FACILITY\nCALGARY, AB and LONDON, ON, Feb. 23, 2021 /PRNewswire/ - Sundial Growers Inc. (\"Sundial\") (NASDAQ: SNDL), a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sundial-indiva-announce-closing-22-235700893.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sundial and Indiva Announce Closing of $22 Million Strategic Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSundial and Indiva Announce Closing of $22 Million Strategic Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 07:57 GMT+8 <a href=https://finance.yahoo.com/news/sundial-indiva-announce-closing-22-235700893.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BROKERED PRIVATE PLACEMENT OFFERING OF $11,000,000 AND $11,000,000 TERM LOAN FACILITY\nCALGARY, AB and LONDON, ON, Feb. 23, 2021 /PRNewswire/ - Sundial Growers Inc. (\"Sundial\") (NASDAQ: SNDL), a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sundial-indiva-announce-closing-22-235700893.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/3PthPMStYuRaatxb7Cj3cA--~B/aD0zNTc7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/QUTbp6ZOqqLU._EoQE_oWA--~B/aD0zNTc7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/5f52808b3be1839e8ad8f074ca4055f8","relate_stocks":{"SNDL":"SNDL Inc."},"source_url":"https://finance.yahoo.com/news/sundial-indiva-announce-closing-22-235700893.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2113355418","content_text":"BROKERED PRIVATE PLACEMENT OFFERING OF $11,000,000 AND $11,000,000 TERM LOAN FACILITY\nCALGARY, AB and LONDON, ON, Feb. 23, 2021 /PRNewswire/ - Sundial Growers Inc. (\"Sundial\") (NASDAQ: SNDL), a Canadian licensed producer of recreational cannabis and Indiva Limited (\"Indiva\") (TSXV:NDVA) (OTCQX:NDVAF), a leading Canadian producer of cannabis edibles, are pleased to announce the closing of the previously announced $22,000,000 strategic investment (the \"Investment\") into Indiva by Sundial. \n\n \n\nThe Investment was completed by way of a brokered private placement (the \"Placement\") led by ATB Capital Markets Inc. (\"ATB\" or the \"Agent\") of 25,000,000 common shares of Indiva (the \"Common Shares\") at a price of $0.44 per Common Share, raising gross proceeds of $11,000,000 (the \"Equity Investment\"), and a secured non-revolving term loan facility to Indiva in the principal amount of $11,000,000 (the \"Term Loan\"). Sundial was the sole subscriber in the Placement and sole lender of the Term Loan. \nThe Term Loan matures on February 23, 2024 (the \"Maturity Date\") and bears an interest rate of 9% per annum. 50% of accrued interest is payable in cash on the last day of each month and the remaining 50% of accrued interest is payable, at the option of Indiva, (i) in cash on the last day of each month, or (ii) payable in arrears on the Maturity Date. The Term Loan was issued at an original issue discount of 4% and provides that upon a change of control of Indiva, Sundial shall have the option exercisable within 60 days to require Indiva to prepay 104% of the outstanding principal amount of the Term Loan and all accrued and unpaid interest.\nPursuant to the Investment, Sundial and Indiva entered into an investor rights agreement (the \"IRA\") whereby Sundial was granted the right to participate in future equity financings to maintain its pro-rata ownership in Indiva and registration rights, subject to customary limits and exceptions. In addition, the IRA provides that in the event Indiva completes a further offering of securities, which contain warrants, in the ninety (90) days following the closing of the Investment (a \"Further Offering\"), it shall issue to Sundial, for no additional consideration, and on the terms of such warrants offered in the Further Offering, such number of warrants equal to the number of warrants Sundial would have received had the Equity Investment been made in the Further Offering (the \"Conditional Warrants\"). Any issuance of Conditional Warrants is subject to the prior approval of the TSX Venture Exchange (the \"TSXV\") and if issued, will contain a provision preventing their exercise if, following such exercise, Sundial or its affiliates would hold greater than 19.9% of the issued and outstanding Common Shares and have a maximum term of five (5) years.\nIndiva intends to use the net proceeds of the Investment to retire its outstanding debt in full, which includes its demand loan and promissory note, as well as for working capital and other general corporate purposes. \nThe Investment is subject to the final approval of the TSXV. The Common Shares issued under the Placement will be subject to a statutory hold period of four months and one day following the closing of the Placement.\nPursuant to the Investment, Indiva paid to ATB: (a) a cash commission equal to $330,000 being 3.0% of the aggregate gross proceeds from the Placement; and (b) a financial advisory fee of $220,000, being 2.0% of the principal amount of the Term Loan.\nEarly Warning\nImmediately prior to the Placement, Sundial and its affiliates held no Common Shares. Upon the closing of the Placement Sundial and its affiliates exercise control and direction over 18.45% of the issued and outstanding Common Shares. Sundial and its affiliates do not currently own any convertible securities of Indiva. The Common Shares are being acquired for investment purposes and, as of the date of this news release, Sundial and its affiliates have no current intention to acquire control or direction over additional securities of Indiva above 19.9% of the issued and outstanding Common Shares, either alone or together with any joint actors.\nThe securities to be offered pursuant to the Placement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.\nABOUT SUNDIAL GROWERS INC. \nSundial is a public company with common shares traded on Nasdaq under the symbol \"SNDL\". Sundial is a licensed producer that crafts cannabis using state-of-the-art indoor facilities. Our 'craft-at-scale modular growing approach, award-winning genetics and experienced master growers set us apart. Our Canadian operations cultivate small-batch cannabis using an individualized \"room\" approach, with 448,000 square feet of total space. Sundial's brand portfolio includes Top Leaf, Sundial Cannabis, Palmetto and Grasslands. Our consumer-packaged goods experience enables us to not just grow quality cannabis, but also to create exceptional consumer and customer experiences. We are proudly Albertan, headquartered in Calgary, AB, with operations in Olds, AB, and Rocky View County, AB. For more information on Sundial, please go to www.sndlgroup.com. \nABOUT INDIVA LIMITED\nIndiva sets the standard for quality and innovation in cannabis. As a Canadian licensed producer, Indiva creates premium pre-rolls, flower, capsules, and edible products and provides production and manufacturing services to peer entities. In Canada, Indiva produces and distributes the award-winning Bhang® Chocolate, Wana™ Sour Gummies, Ruby® Cannabis Sugar, Sapphire™ Cannabis Salt, Artisan Batch, and other Powered by INDIVA™ products through license agreements and partnerships. Click here to connect with Indiva on LinkedIn, Instagram, Twitter and Facebook, and here to find more information on the Company and its products.\nDISCLAIMER AND READER ADVISORY\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in any way passed upon the merits of the contents of this press release and neither of the foregoing entities accepts responsibility for the adequacy or accuracy of this release or has in any way approved or disapproved of the contents of this press release.\nCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words \"could\", \"intend\", \"expect\", \"believe\", \"will\", \"projected\", \"estimated\" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the parties' current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the parties. The material factors and assumptions include the receipt of regulatory approval and third party consents, the ability of Indiva to satisfy its existing debt obligations with the proceeds of the Placement and Term Loan, use of proceeds and other risks associated with regulated entities in the cannabis industry. \nThe forward-looking information contained in this release is made as of the date hereof and the parties are not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward looking information. The foregoing statements expressly qualify any forward-looking information contained herein.\n\n\n View original content to download multimedia:http://www.prnewswire.com/news-releases/sundial-and-indiva-announce-closing-of-22-million-strategic-investment-301234061.html\nSOURCE Sundial Growers Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":317179431,"gmtCreate":1612431542323,"gmtModify":1703761757777,"author":{"id":"3575075746126166","authorId":"3575075746126166","name":"AllGetRich","avatar":"https://static.tigerbbs.com/0aa159411bd1159fa2676587e48c6908","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] ","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/317179431","repostId":"1177377712","repostType":4,"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":317396446,"gmtCreate":1612414294585,"gmtModify":1703761510375,"author":{"id":"3575075746126166","authorId":"3575075746126166","name":"AllGetRich","avatar":"https://static.tigerbbs.com/0aa159411bd1159fa2676587e48c6908","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[捂脸] ","listText":"[捂脸] ","text":"[捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/317396446","repostId":"1198219554","repostType":4,"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}