In Colorado, Gevo announced that it will effect a 1-for-15 reverse stock split previously approved by the Company’s stockholders at a special meeting held on April 13, 2015. The 1-for-15 reverse stock split was effective as of the close of business on April 20, 2015 and the Company’s common stock began trading on a split-adjusted […]
In Colorado, Gevo announced that it has priced its underwritten public offering of common stock units. Gevo announced that it has agreed to sell 30,000,000 common stock units. Each common stock unit consists of one share of common stock and a warrant to purchase 0.5 shares of common stock, at a public offering price of […]
In the UK, New Britain Palm Oil’s majority shareholder Kulim (Malaysia) Berhad has designated Sime Darby Berhad as its preferred winner for offloading its entire 48.97% stake in the company. The terms of the proposed deal nor whether it would result in a formal takeover. Kulim was forbidden last year by Papua New Guinea’s competition […]
In California, Aemetis has filed a preliminary proxy for a consent solicitation seeking approval from its stockholders for a 1-for-10 reverse stock split of Aemetis common stock in anticipation of listing on a national exchange. Founded in 2006, Aemetis has grown revenues to $178 million (2013). We understand that a move to NASDAQ may be […]
In California, Pacific Ethanol announced it has entered into agreements to reduce the principal amount of its senior notes by $2.0 million by issuing 500,000 shares of common stock. The company’s common stock is valued in the transaction at $4.00 per share, the closing price on December 13, 2013. Reducing the principal on the senior […]
In Minnesota, BioAmber announced that effective June 10, the common stock and warrants comprising BioAmber’s units will, as previously disclosed, begin trading separately on the New York Stock Exchange under the symbols “BIOA” and “BIOA.WS”, respectively. The warrants are exercisable beginning on August 8, and expire at 5:30 PM on May 9, 2017. In connection […]
In Colorado, following a $15 million stock buyback program by Gevo, Piper Jaffray energy analyst Mike Ritzenthaler wrote: “We maintain our Overweight rating on shares of GEVO…we believe the share repurchase is a signal from management and the board that solid progress is being made on the production organism. “To be clear, the $15 million […]
In New York, Biofuel Energy Corp shares rose up to 28% in early trade on Friday, making a small come-back from the 76% decrease it has experienced so far this year as it climbed to 3.69. The upswing came after an announcement from hedge fund manager David Einhorn indicated his intention to raise his stake […]
In Massachusetts, Gevo and BioFuel Energy Corp have signed a collaboration agreement to explore the large-scale production of biobutanol. As a result of the announcement, BioFuel Energy stock shot up 35% on Tuesday. Before the turnaround after the announcement, the company was trading at a 52-week low. Read more here.
In Colorado, Gevo’s stock has soared since the ruling regarding Butamax’s patent infringement lawsuit came back in their favor. The shares were up $1.84, more than 31 percent, in the last day. The company is currently trading at $7.78 as markets open this morning. More on this story.
