Latest Lincoln Park Bancorp (LPBC) Headlines
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Amarantus Closes Warrant Solicitation; Enters Into $20 Million Purchase Agreement With Lincoln Park Capital Fund, LLC
GlobeNewswire - Mon Mar 10, 5:00AM CDT
Amarantus Bioscience Holdings, Inc. (OTC:AMBS) (Amarantus or the Company), a biotechnology company focused on the discovery and development of novel diagnostics and therapeutics related to endoplasmic reticulum stress, cell cycle dysregulation, neurodegeneration and apoptosis, announced today that it has closed on its previously announced Warrant Solicitation, which the Company elected to increase in size from $3.0M to $3.6M due to oversubscriptions. Concurrently, the Company entered into a purchase agreement with Lincoln Park Capital Fund, LLC ("LPC"), a Chicago-based institutional investor. LPC initially purchased 4.0 million shares of Amarantus' common stock at $0.10 per share for $400,000 and has committed to invest, at the sole option of Amarantus, up to an additional $19.6M of equity capital over the term of the purchase agreement. The total gross proceeds to the Company from these two transactions upon closing is $4M.
Experience the Difference at Lincoln Park Manor; Recognized for Deficiency-Free Health Survey
PRWeb - Sat Mar 08, 11:45AM CST
Russ Holtz, Executive Director of Lincoln Mark Manor, is proud of the 2014 survey results and is honored with the overall 5-Star rating from Medicare. Holtz states, "We have maintained this outstanding accomplishment for the second consecutive year. We understand the importance of having an amazing, caring team of staff members who continue to play a key role towards this distinction year after year."
PourMyBeer™ Revolutionizes Beer Service in Chicago with Introduction of Self-Serve System
PRWeb - Fri Mar 07, 5:05AM CST
Craft beer is at an all-time high and customer demand for beer means the need to serve them more quickly, efficiently and responsibly is greater than ever. Enter the PourMyBeer™ system. It conveniently allows customers to purchase and pour their own beer, with staff interaction and oversight of course. It also allows customers to pay only for what they drink, instead of a packaged or predetermined amount. By reserving a PourMyBeer™ table, customers can guarantee favorite draft beers will be on tap for the night.
Oncolytics Biotech® Inc. Announces Initial US$1.0 Million Investment and Up to US$25.0 Million Common Share Purchase Agreement with Lincoln Park Capital Fund, LLC
PR Newswire - Thu Feb 27, 8:26AM CST
Oncolytics Biotech Inc. ("Oncolytics" or the "Company") (TSX:ONC; NASDAQ:ONCY) announced today that it has entered into a share purchase agreement (the "Purchase Agreement") with Lincoln Park Capital Fund, LLC ("LPC") that will provide an initial investment in Oncolytics of US$1.0 million and make available additional periodic investments of up to US$25.0 million over a 30-month term (the "Financing").
Facebook CEO says WhatsAPP Worth More than $19B; Lincoln Park Capital Invests in Nuvilex
ACCESSWIRE - Tue Feb 25, 3:48AM CST
Verizon Communications Inc. (NYSE: VZ) - For an in-depth report on Verizon Communications Inc. follow: www.BullTrends.com/stockquote/VZ
Chicago Investment Firm Assumes $27 Million Risk to Help Nuvilex Unseat Celgene and Eli Lilly
Marketwire - Mon Feb 24, 8:04AM CST
Lincoln Park Capital (LPC) purchased 8 million restricted shares of Nuvilex, Inc. (OTCQB: NVLX) in exchange for an initial $2 million out of what can be viewed as a $27 million "pot of money" to advance the company's late-phase pancreatic cancer clinical trials. Notice we said restricted shares, that's right, LPC has put a great deal of its money on the line with a number of built in protections for Nuvilex. But, is this investment really a risk? It appears the Chicago-based firm knows exactly what the future could hold for Nuvilex, and they're comfortable with paying a premium price to become a long-term investor right along with many others who believe in the small biotechnology firm.
HPEV, Inc. Enters Into $10 Million Stock Purchase Agreement With Lincoln Park Capital Fund, LLC
Marketwire - Mon Feb 24, 5:21AM CST
HPEV, Inc. (OTCQB: WARM), an innovator in energy efficiency and heat dispersion technologies, announced today that it has entered into a purchase agreement with Lincoln Park Capital Fund, LLC ("LPC"), a Chicago-based institutional investor, whereby LPC committed to invest, at the HPEV's sole option, up to $10 million of equity capital pursuant to the purchase agreement. Drexel Hamilton LLC acted as the exclusive placement agent on behalf of the Company for the transaction.
Nuvilex Announces $27 Million Funding Commitment With Institutional Investor to Advance Late Phase Clinical Trials
GlobeNewswire - Thu Feb 20, 8:00AM CST
Nuvilex, Inc. (OTCQB:NVLX), an international biotechnology company providing cell and gene therapy solutions for the treatment of deadly diseases, announced today that it has entered into a stock purchase agreement with Lincoln Park Capital Fund, LLC (Lincoln Park), a Chicago-based institutional investor. Lincoln Park initially purchased 8 million shares of Nuvilex's common stock at $0.25 per share for $2 million and has committed to invest, at the sole option of Nuvilex, up to an additional $25 million of equity capital over the term of the purchase agreement. The proceeds from this investment will be used for Nuvilex's late-stage clinical trials in advanced inoperable pancreatic cancer, for research into the use of constituents of marijuana in the emerging medical marijuana arena and for general operating purposes.
Artisanal Grocery Online Store Artizone.com Partners With WeDeliver For Delivery Efficacy
PR Newswire - Tue Feb 11, 4:00PM CST
Artizone.com, Chicagoland's only online and year-round marketplace for fresh, small-batch, high-quality foods is partnering with on-demand local delivery service WeDeliver to help increase delivery and product availability from some of Artizone's popular artisan partners.
KonaRed Corp Analyst Report issued by BrokerBank Securities, Inc.
PR Newswire - Tue Feb 11, 6:00AM CST
KonaRed Corp (OTCQB: KRED) brings the health and wellness properties of the coffee fruit (the shell that surrounds the coffee bean) to the market. KonaRed has developed an innovative, process that produces antioxidant-packed extracts and powders from the coffee fruit which are used in its antioxidant juices, organic green teas, and on-the-go packs, as well as ingredients which can be added to food, beverages, and nutritional products.
Plandai Biotechnology, Inc. Completes $15.3 Million Funding Commitment With Institutional Investor
Marketwire - Mon Feb 10, 8:15AM CST
Plandai Biotechnology, Inc. (OTCQB: PLPL), a producer of highly bioavailable plant extracts for industries including health, wellness, nutraceutical, and pharmaceutical, announced today that it has entered into a stock purchase agreement with Lincoln Park Capital Fund, LLC, a Chicago-based institutional investor, whereby Lincoln Park committed to invest, at the Company's sole option, up to $15.3 million of equity capital over the term of the purchase agreement including an initial investment of $300,000.
Lincoln Park Bancorp Announces Earnings for the Year Ended December 31, 2013
PR Newswire - Fri Feb 07, 4:00PM CST
Lincoln Park Bancorp (OTC Bulletin Board:LPBC) (the "Company"), the holding company of Lincoln Park Savings Bank, announced net income of $747,000, or $.43 per share, for the year ended December 31, 2013, as compared to net income of $656,000, or $.38 per share, for the year ended December 31, 2012. The increase in net income of $91,000, or 13.9%, was primarily due to an increase in net interest income before provision for loan losses, an increase in non-interest income, a decrease in the provision for loan losses, a decrease in income tax expense, off set by an increase in non-interest expenses.
KonaRed signs USD12m purchase agreement with Lincoln Park Capital Fund for capital infusion
M2 - Fri Feb 07, 3:48AM CST
KonaRed Corporation (OTCBB: KRED), the developer of a coffee fruit wellness beverage, announced on Thursday the signing of a purchase agreement with Lincoln Park Capital Fund LLC (LPC), a Chicago-based institutional investor, under which LPC has committed to invest, at the company's sole option, up to USD12m of equity capital over the term of the purchase agreement.
KonaRed Enters Into $12 Million Purchase Agreement With Lincoln Park Capital Fund, LLC
Marketwire - Thu Feb 06, 7:30AM CST
KonaRed Corporation (OTCBB: KRED) ("KonaRed" or the "Company"), developers of the powerful coffee fruit wellness beverage which is sold in select Whole Foods, Safeway, Sprouts, 7-Eleven, and many other retail outlets throughout the U.S. and Canada, announced today that it has entered into a purchase agreement (the "Purchase Agreement") with Lincoln Park Capital Fund, LLC ("LPC"), a Chicago-based institutional investor, whereby LPC committed to invest, at the Company's sole option, up to $12 million of equity capital over the term of the Purchase Agreement.
Catalyst Golf Performance Opens 7,500 Sq. Foot Indoor Lincoln Park Performance Center -- Chicago's First All-Encompassing World-Class, Tour-Caliber Golf Training Facility
PRWeb - Wed Jan 29, 4:46AM CST
Catalyst Golf Performance (CPG) is opening the first and only all-encompassing, world-class and Tour-caliber indoor golf performance center featuring virtual golf simulation near Chicago's Lincoln Park neighborhood.
Aastrom Biosciences Inc signs USD15m stock purchase agreement with Lincoln Park Capital
M2 - Tue Jan 28, 5:07AM CST
Multicellular therapies company Aastrom Biosciences Inc (NasdaqCM:ASTM) reported on Monday the execution of a stock purchase agreement with Lincoln Park Capital Fund LLC.
Aastrom Biosciences Enters Into $15 Million Equity Commitment With Lincoln Park Capital
GlobeNewswire - Mon Jan 27, 3:05PM CST
Aastrom Biosciences, Inc. (Nasdaq:ASTM), the leading developer of patient-specific, expanded multicellular therapies for the treatment of severe, chronic cardiovascular diseases, announced today that it has entered into a stock purchase agreement with Lincoln Park Capital Fund, LLC ("Lincoln Park"), an institutional investor. Under the terms of the agreement, Aastrom has the right to sell up to $15 million in shares of common stock to Lincoln Park over a thirty-month period subject to certain limitations and conditions set forth in the purchase agreement.
Fitch Affirms Lincoln Park School District, MI's Underlying ULTGO Bonds at 'BBB+'; Outlook to Stable
Business Wire - Fri Jan 10, 10:38AM CST
Fitch Ratings has affirmed the underlying rating on the Lincoln Park School District (the district), MI's $24.8 million unlimited tax general obligation bonds (ULTGO) at 'BBB+'.