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ALEC

HTGC

Alector, Inc. has secured a flexible credit facility of up to $50 million from Hercules Capital, Inc. This debt financing agreement will support Alector's ongoing clinical-stage biotechnology efforts in immuno-neurology.

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November 14, 2024 | 9:15 pm

SPAZF

Spanish Mountain Gold Ltd. has provided an update on its brokered 'best efforts' private placement aiming to raise up to C$6.5 million.

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November 14, 2024 | 8:00 pm

MPW

Medical Properties Trust, Inc. is facing severe liquidity issues due to significant debt maturities in 2025-2027. Despite asset sales and secured loans, the company's poor credit profile and high refinancing costs make new debt issuance financially unfeasible. The dividend is unsustainable, with cash outflows exceeding inflows, indicating ongoing financial distress.

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November 14, 2024 | 8:00 pm

DVA

DaVita Inc. is rated as a 'Hold' due to high debt, lack of dividend, and overvaluation despite operational success in dialysis services. Risks include debt servicing costs, macroeconomic factors, and potential policy changes.

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November 14, 2024 | 7:30 pm

TCPFF

True North REIT's Q3-2024 results showed strong leasing activity, with over 550,000 square feet leased, surpassing expectations. However, the REIT faces interest rate challenges, with 60% of its debt maturing in two years.

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November 14, 2024 | 7:00 pm

PPRUY

Kering has announced a bond issue totaling EUR 750 million, set for November 2024. This move is likely aimed at raising capital for future investments or debt refinancing.

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November 14, 2024 | 5:15 pm

GMGMF

Graphene Manufacturing Group Ltd has improved its financial position by strengthening working capital and reducing costs. The company received A$2.85 million from Australia's R&D Tax Incentive, increasing its cash balance to A$5.56 million with no debt.

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November 14, 2024 | 3:30 pm

RILY

B. Riley Financial, Inc. has filed a notification of late filing with the SEC, needing more time to assess the impact of the Franchise Group bankruptcy and recent asset monetizations on its financial statements. The company disclosed preliminary Q3 results, ending the quarter with $159 million in cash and $2.06 billion in debt.

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November 14, 2024 | 3:30 pm

COG

Condor Gold plc has secured a £475,000 unsecured loan facility from Galloway Limited, a company owned by its Chairman, Jim Mellon. This financial move aims to support Condor Gold's operations.

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November 14, 2024 | 3:00 pm