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Tesla ends "Spartan diet" and seeks $2.3 billion to fund expansion

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines......»»

Category: topSource: reutersMay 2nd, 2019

Tesla ends "Spartan diet," seeks up to $2.3 billion from share, debt issues

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines......»»

Category: topSource: reutersMay 2nd, 2019

E-Commerce Newcomer Pinduoduo Hopes To Raise $1 Billion

Chinese e-commerce newcomer Pinduoduo Inc (NASDAQ: PDD) seeks to finance an operational expansion by raising $1 billion. The company's filing with the SEC said that it plans to sell 37 million shares to raise necessary capital. read more.....»»

Category: blogSource: benzingaFeb 6th, 2019

Elon Musk"s AI Startup xAI Reportedly Seeks $4B To Challenge ChatGPT-Parent OpenAI — Valuation Could Hit $18B

Elon Musk's AI startup, xAI Corp., is in discussions to raise up to $4 billion in funding, potentially valuing the company at $18 billion, leveraging Musk's track record and high-quality data from his social network, X, to train AI models. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

Lordstown Motors needs more capital to meet electric truck launch goals

Lordstown Motors said Monday it expects to spend $115 million more than expected in 2021, making it necessary for the company to return to capital markets to raise more money to meet its fall production plans. The Youngstown, Ohio-area manufacturer .....»»

Category: topSource: bizjournalsMay 24th, 2021

Medical device company in Miamisburg inks $25M capital raise, plans to nearly double footprint by 2023

President and CEO Dave Kirschman said new products, market diversification and 50 more jobs will be the end result of his company's first-ever capital raise......»»

Category: topSource: bizjournalsMay 8th, 2021

Software company OutSystems claims $9.5B valuation

The privately held software firm, which has offices in Boston, says it’s valued at $9.5 billion after a $150 million capital raise. The round was led by Abdiel Capital and Tiger Global......»»

Category: topSource: bizjournalsFeb 17th, 2021

Sundial shares slump premarket after Canadian cannabis company unveils latest dilutive capital raise

Sundial Growers Inc. shares slid 16% premarket after the Canadian cannabis company announced its latest dilutive capital raise and said it has fully us.....»»

Category: topSource: marketwatchFeb 2nd, 2021

UPDATE: Aurora Cannabis $125 million capital raise may not be enough if it"s serious about the U.S.: Jefferies analyst

Aurora Cannabis Inc.'s $125 million bought-deal financing is not surprising, but may not be enough for the Canadian company to establish a needed foothold in the U.S., Jefferies analyst Owen Bennett said Friday. "Following ACB's recent busin.....»»

Category: topSource: marketwatchJan 22nd, 2021

Ford extends 3-day surge to 23% as Rivian"s big capital raise boosts the company"s electric-car prospects

Ford is also developing an electric version of its popular F-150 pick-up truck and Mustang convertible, dubbed the Mach-E. Rivian R1T......»»

Category: worldSource: nytJan 21st, 2021

: SoftBank seeks to raise at least half a billion dollars for a blank-check company

SVF Investment Corp. seizes on SPAC craze as it looks to take advantage of investor appetite for tech company stocks......»»

Category: topSource: marketwatchDec 21st, 2020

Amber Capital: no plans to sell Lagardere stake and it may even raise it

The founder of activist investment company Amber Capital, which lost out this week in a bid to shake up the governance at French group Lagardere , said on Wednesday he had no plans to exit his stake in Lagardere and added that he could even raise it......»»

Category: topSource: reutersMay 6th, 2020

Enphase Energy Uses Stock Strength to Raise Capital on the Cheap

Enphase Energy has seen its shares surge over the past year. Now the company is using some of the great stock performance to raise capital......»»

Category: blogSource: 247wallstMar 5th, 2020

Tesla"s Unexpected Capital Raise Leads To Surprising Stock Surge

Tesla Inc (NASDAQ: TSLA) shares ripped higher on Thursday after the company surprised Wall Street by announcing a $2 billion dilutive common stock off.....»»

Category: blogSource: benzingaFeb 13th, 2020

Moderna Commits to $500 Million Capital Raise, With More Possible

Moderna, Inc. (NASDAQ: MRNA) had been the biggest biotech initial public offering ever. The company was quite unlucky in the timing for its IPO, but it managed to get back into favor with investors.........»»

Category: blogSource: 247wallstFeb 10th, 2020

Elon Musk says Tesla won"t raise capital, will focus on lowering cost of batteries

Tesla CEO Elon Musk says the company won't raise capital: "We're spending money as quickly as we can spend it sensibly.".....»»

Category: topSource: moneycentralJan 30th, 2020

New Arizona tech-focused investment fund seeks to fill gap for startups

Pinnacle West Capital Corp. (NYSE: PNW), the parent company for Arizona Public Service Co., is providing the $25 million seed investment for the fund. Here's how the fund founders envision the capital will be deployed......»»

Category: topSource: bizjournalsJan 29th, 2020

HOW TO START A BUSINESS: The ultimate guides for founders on launching a company, raising money, and becoming wildly successful in 2020

Entrepreneurship doesn't come with a rule book. These guides will help first-time founders launch a startup, raise capital, and dominate the market......»»

Category: topSource: moneycentralDec 27th, 2019

HOW TO START A BUSINESS: The ultimate guides for founders on launching a company, raising money, and becoming wildly successful in 2020

Courtesy of Liz Wessel Entrepreneurship doesn't come with a rule book. If you're planning to start your first business in 2020, these guides will help you launch a startup, raise capital, and dominate the market. They include tips from successful fou.....»»

Category: topSource: businessinsiderDec 27th, 2019

The Wall Street Journal: NYSE seeks SEC approval for plan to let companies raise capital through direct listings

The New York Stock Exchange has submitted a proposal with the U.S. Securities and Exchange Commission that would allow companies going public through a direct listing to raise capital......»»

Category: topSource: marketwatchNov 27th, 2019