On Monday, Shares of StemCells Inc (NASDAQ:STEM), lost -3.07% to $0.6591.
StemCells, declared that the underwriters of the Company’s public offering that initially closed on April 29, 2015 have purchased an additional 2,757,250 shares of the Company’s common stock at a price of $0.699 per share, before the underwriting discount, in connection with the exercise of their option to purchase additional shares of common stock. The Company received additional net proceeds of about $1.8 million from the exercise of the Over-Allotment Option, increasing the aggregate net proceeds to the Company from the offering to about $25.2 million, after deducting offering expenses, underwriting discounts and commissions payable by the Company.
Maxim Group LLC acted as sole book-running manager and Chardan Capital Markets, LLC acted as co-manager for the offering. Meyers Associates, L.P. and IFS Securities, Inc. acted as financial advisors for the offering.
StemCells, Inc., a biopharmaceutical company, researches, develops, and commercializes cell-based therapeutics and related technologies for stem cell-based research and drug discovery and development.
Shares of KB Home (NYSE:KBH), inclined 0.14% to $ 14.80, during its last trading session.
KB Home, is celebrating the grand opening of its Copper Crest community in Mesa, offering homebuyers the unique opportunity to own a newly-built home in an established location at the corner of Higley and Brown roads, with prime proximity to active employment centers, premier shopping and dining, and highly-rated schools.
Situated north of the Superstition Freeway and south of Loop 202, Copper Crest provides quick commutes to most of Phoenix’s major employers, and convenient travel to shopping, dining and entertainment destinations at Superstition Springs Mall and Mesa Riverview Mall.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
At the end of Monday’s trade, Shares of Gentex Corporation (NASDAQ:GNTX), gained 0.93% to $ 17.34.
Gentex Corporation, stated that its Board Of Directors approved an enhance in its quarterly cash dividend to $0.085 per share. The Board subsequently declared a quarterly cash dividend of
$0.085 per share that will be payable July 17, 2015, to shareholders of record of the common stock at the close of business on July 7, 2015.
The Company is happy to declare an enhance in the dividend rate due to its ongoing growth and financial success. Our administration and board of directors believe in the value placed on dividends by the shareholder. The Company has a long history of paying out a noteworthy portion of our earnings in dividends, since more favorable tax treatment was implemented in 2003.
Gentex Corporation designs, develops, manufactures, and markets automatic-dimming rearview mirrors and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide.
Finally, Expedia Inc (NASDAQ:EXPE), ended its last trade with 0.18% gain, and close at $ 107.45.
Brand USA – the destination-marketing organization for the United States declares Expedia, Inc. as the first global sponsor and exclusive online travel activation partner for the new giant-screen film that celebrates the USA’s great outdoors. The film is planned for global release to coincide with the centennial of the National Park Service in 2016.
Titled “America Wild: A National Parks Adventure,” the giant-screen film will be shown in giant-screen theatres around the world in nearly 40 countries, starting early next year.
Through this multi-million dollar partnership, Expedia, Inc., one of the world’s largest travel companies with a brand portfolio of leading online travel brands in more than 70 countries, will be a featured sponsor on the giant-screen film with logo placement and global consumer advertising campaigns.
Expedia, Inc., together with its auxiliaries, operates as an online travel company in the United States and internationally.
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