On Monday, AEterna Zentaris Inc. (USA) (NASDAQ:AEZS)’s shares declined -32.41% to $0.0801.
Aeterna Zentaris Inc. (NASDAQ:AEZS) declared that it has entered into definitive agreements with the holders of approximately 90% of its outstanding Series B Common Share Purchase Warrants that are intended to reduce the dilutive effect of the exercise of the Series B Warrants by establishing a cap on the number of shares issuable upon alternate net cashless exercise of the Series B Warrants until the close of business on November 17, 2015 and by limiting the number of shares that the Consenting Holders may sell until the close of business on October 9 , 2015. The Company was advised by Maxim Group LLC in its negotiations with the holders of the Series B Warrants. The effectiveness of the amendments to the Series B Warrants is subject to the approval of the Toronto Stock Exchange.
Under the terms of the agreements, the number of Common Shares issuable per Series B Warrant with respect to Net Cashless Exercises prior to the close of business on November 17, 2015 may not exceed 33.23 based on a floor on the average volume weighted average prices of $0.0541 . The number of Common Shares issuable per Series B Warrant may be less than such number, however, if the price of the Company’s Common Shares recovers during the relevant period. In addition, during a trading-limitation period that expires at the close of business on October 9, 2015 , the Consenting Holders have agreed to limit their market sales of our Common Shares to an aggregate of 100 million shares, which limitation shall not apply to any of the Company’s Common Shares sold at or above $0.10 per share.
Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing novel treatments in oncology, endocrinology, and women’s health. The company’s product pipeline comprises MACRILEN, which accomplished the Phase 2 trial for use in the diagnosis of adult growth hormone deficiency; and zoptarelin doxorubicin, which is in Phase 3 clinical study zoptarelin doxorubicin in endometrial cancer (ZoptEC) of the compound in women with advanced, recurrent, or metastatic endometrial cancer.
Activision Blizzard, Inc. (NASDAQ:ATVI)’s shares gained 1.35% to $31.52.
Bungie and Activision Publishing, Inc., a wholly owned partner of Activision Blizzard, Inc. (ATVI) have joined forces to bring the world Destiny: The Taken King, the epic follow-up to the blockbuster Destiny saga. Building upon Destiny, the biggest new video game franchise launch in history, Destiny: The Taken King expands the universe with a rich and diverse offering, counting new adventures, challenges, enemies, and weapons that make for the most ambitious addition to the Destiny universe yet. The Taken King can be purchased now, worldwide, in each territory where accessible at global retailers, and through console digital stores. Additionally, the ‘King’s Fall’ Raid will go live at 10 o’clock a.m. PDT on Friday, Sept. 18, giving millions of players in the Destiny community the biggest new challenge and commensurate rewards to date.
With a new storyline introducing Oryx, Crota’s vengeful father, an all-new destination, three new Guardian subclasses, a massive arsenal of new armor, weapons and exotics, new Strikes and Crucible maps, and the new ‘King’s Fall’ Raid that will put players to the ultimate test, there has never been a better time to jump in to “Become Legend,” particularly for new players starting their journey as a Guardian. The Taken King major expansion takes players deep into the chambers of a new destination, the ‘Dreadnaught’ ship, to defeat Oryx, and his Taken Army.
Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.
At the end of Monday’s trade, Home Depot Inc (NYSE:HD)‘s shares surged 1.28% to $116.59.
The Home Depot®, the world’s largest home improvement retailer, today announced three facility openings to support its online business, information technology transformation and overall interconnected retail strategy.
The company will officially open its third and largest of three new direct fulfillment centers to support the continued growth of its online sales, which now account for about five percent of total revenues. The new 1.6 million square foot facility is located in Troy Township, Ohio and is predictable to eventually employ 500.
The company opened two other direct fulfillment centers last year; one in Locust Grove, Ga., just outside Atlanta, and another in Perris, Calif. These new facilities enable the company to deliver 90 percent of Home Depot online orders of regionally stocked parcel items in two business days or less using economical ground delivery service.
The company also declared that in October it will officially open its new Marietta Technology Center, a 200,000 square foot office complex in Marietta, Ga. for about 1,000 information technology associates, with the expectation of eventually adding an additional 500 IT jobs at this location. Since 2007, the company has aggressively improved its IT capabilities in conjunction with its supply chain and merchandising transformations.
In November, the company will open a third Online Customer Care operation in Tempe, Az., bringing 800 new jobs to that community. This will be the third online customer service operation dedicated to the online business. In 2012, the company opened two other online customer service centers; one in Kennesaw, Ga., an Atlanta suburb, and another in Ogden, Utah, just outside Salt Lake City.
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, in addition to provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.
Leucadia National Corp. (NYSE:LUK), ended its Monday’s trading session with -0.89% loss, and closed at $20.11.
As declared in January, Leucadia National Corporation (LUK) will host an investor meeting on Thursday, October 8, 2015, from 9:00 a.m. to 5:00 p.m. in Manhattan. The meeting will comprise in-person administration presentations from Richard B. Handler, our Chief Executive Officer, Brian P. Friedman, our President, various members of our executive team, and the leaders of our auxiliaries and investee companies. We will also provide an opportunity to present questions to administration. The Investor Day Agenda is attached.
To register to attend the Investor Meeting in person or to listen on a secure conference line, qualified investors should provide their contact information and preferred mode of participation via the Leucadia website: http://investorcall.leucadia.com by 2:00 p.m. on October 7, 2015. Only registered and approved guests will be allowed to take part.
Leucadia National Corporation, through its partner, Jefferies Group LLC, primarily operates in the investment banking and capital markets sector. Leucadia National Corporation also owns and holds investments in various other businesses, counting beef processing, manufacturing, energy projects, asset administration, and real estate.
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