After-Hours Stock Movers 07/06: (OPNT) (IMMR) (CFMS) Higher; (IDYA) (LOAN) (EFC) Lower (more...)

Go back to After-Hours Stock Movers 07/06: (OPNT) (IMMR) (CFMS) Higher; (IDYA) (LOAN) (EFC) Lower (more...)

SMART Global Holdings, Inc. (SGH) Announces Proposed 3M Share Offering

July 8, 2021 5:49 PM EDT

SMART Global Holdings, Inc. (SGH or the Company) (Nasdaq: SGH) today announced the launch of a proposed underwritten public offering of 3,000,000 of its ordinary shares by certain selling shareholders affiliated with Silver Lake (the Selling Shareholders). The Company is not selling any of its ordinary shares in the offering and will not receive any of the proceeds from the sale of its... More

Manhattan Bridge Capital (LOAN) Prices 1.875M Share Offering at $7.20/sh

July 7, 2021 8:32 AM EDT

Manhattan Bridge Capital, Inc. (NasdaqCM: LOAN), or Manhattan Bridge Capital, a real estate finance company specializing in originating, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the pricing of its previously announced underwritten public offering. The Company is offering 1,875,000 common shares, par value $0.001 per share, at a price to the public of $7.20 per share. In connection with the offering, the Company has also granted the underwriter a 30-day option to purchase up to an additional 281,250 common shares offered in the public... More

SMART Global Holdings (SGH) PT Raised to $75 at Needham & Company

July 7, 2021 6:59 AM EDT

Needham & Company analyst Rajvindra Gill raised the price target on SMART Global Holdings (NASDAQ: SGH) to $75.00 (from $65.00) while maintaining a Buy rating.

The analyst commented, "SMART Global came in with a strong beat-and-raise quarter, exceeding previous sales and margin guidance... More

Ellington Financial (EFC) Prices 6M Share Offering at $18.22/sh

July 7, 2021 4:46 AM EDT

Ellington Financial Inc. (NYSE: EFC) (Ellington Financial or the Company) announced today that it has priced an underwritten public offering of 6,000,000 shares of common stock at a price to the public of $18.22 per share. The Company has granted the underwriters an option for 30 days to purchase up to an additional 900,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on July 9, 2021. Morgan Stanley & Co. LLC, UBS Securities LLC, BofA Securities, Inc., JMP Securities LLC and Keefe Bruyette & Woods, Inc., A Stifel Company are... More