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Tuesday, February 23, 2021
Τέρνα Ενεργειακή ή Jumbo;
Dropbox, Inc. Announces $1.135 Billion Convertible Notes Offering
Feb 22, 2021
The Notes will be senior, unsecured obligations of Dropbox, and interest will be payable semi-annually in arrears. For each series of Notes, upon conversion, Dropbox will pay cash up to the aggregate principal amount of Notes to be converted and pay or deliver, as the case may be, cash, shares of Dropbox’s Class A common stock (“Class A common stock”) or a combination of cash and shares of Dropbox’s Class A common stock, at Dropbox’s election, in respect of the remainder. The interest rate, conversion rate, and other terms of the Notes are to be determined upon pricing of the offering.
In connection with the pricing of the Notes, Dropbox intends to enter into convertible note hedge and warrant transactions with one or more of the initial purchasers or their affiliates and/or other financial institutions (the “option counterparties”). The convertible note hedge transactions are expected generally to reduce the potential dilution to Dropbox’s Class A common stock upon any conversion of the Notes and/or offset any cash payments Dropbox is required to make in excess of the principal amount of converted Notes, as the case may be. The warrant transactions would separately have a dilutive effect to the extent that the market value per share of the Class A common stock exceeds the strike price of any of the warrants unless, subject to the terms of the warrant transactions, Dropbox elects to cash settle the warrants. If the initial purchasers exercise their option to purchase additional notes, Dropbox intends to enter into additional convertible note hedge and additional warrant transactions relating to the additional notes.
In connection with establishing their initial hedge of the convertible note hedge and warrant transactions, the option counterparties or their respective affiliates expect to purchase shares of the Class A common stock and/or enter into various derivative transactions with respect to the Class A common stock concurrently with, or shortly after, the pricing of the Notes. This activity could increase (or reduce the size of any decrease in) the market price of the Class A common stock or the Notes at that time. In addition, the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to the Class A common stock and/or by purchasing or selling shares of the Class A common stock or other securities of Dropbox in secondary market transactions following the pricing of the Notes and prior to the maturity of the Notes (and are likely to do so during any observation period related to a conversion of the Notes or in connection with any repurchase of Notes by Dropbox on any fundamental change repurchase date or otherwise). This activity could also cause or avoid an increase or a decrease in the market price of the Class A common stock or the Notes, which could affect the ability of noteholders to convert the Notes and, to the extent the activity occurs during any observation period related to a conversion of the Notes, it could affect the amount and value of the consideration that noteholders will receive upon conversion of such Notes.
Dropbox intends to use a portion of the net proceeds of the offering of the Notes to pay the cost of the convertible note hedge transactions described above (after such cost is partially offset by the proceeds to Dropbox from the warrant transactions) and to repurchase shares of its Class A common stock from institutional investors. Dropbox expects to use the remaining proceeds of the offering for general corporate purposes, including repurchases of its Class A common stock.
This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful. The convertible note hedge transactions, warrant transactions, Notes and the shares of Class A common stock issuable upon conversion of the Notes, if any, have not been, and will not be, registered under the Act or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in
View source version on businesswire.com: https://www.businesswire.com/news/home/20210222005879/en/
Media Contact:
press@dropbox.com
or
Investor Relations Contact:
IR@dropbox.com
Source:
Monday, February 22, 2021
TERNA ENERGY’s wind capacity in Texas US faces challenges due to unprecedent weather conditions in the area – Βriefing of both investors and analysts
XIAOMI:VOLUNTARY ANNOUNCEMENT CLARIFICATION RELATING TO MEDIA ARTICLES ABOUT ELECTRIC VEHICLE BUSINESS
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement XIAOMI CORPORATION 小米集團 (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability) (Stock Code: 1810) VOLUNTARY ANNOUNCEMENT CLARIFICATION RELATING TO MEDIA ARTICLES ABOUT ELECTRIC VEHICLE BUSINESS
This announcement is made by Xiaomi Corporation (the “Company”, together with its subsidiaries, the “Group”) on a voluntary basis. The Group noticed certain media articles regarding the Group’s potential plans to enter into the electric vehicle manufacturing business. The Group has been paying attention to the developments in the electric vehicle industry, and has continuously studied the relevant industry trends.
The Group has not initiated any formal project regarding the study of electric vehicle manufacturing business. Shareholders and prospective investors are advised to exercise caution when dealing in the shares and other securities of the Company.
By order of the Board Xiaomi Corporation Lei Jun Chairman Hong Kong, February 21, 2021 As at the date of this announcement, the Board comprises Mr. Lei Jun as Chairman and Executive Director and Mr. Lin Bin as Vice-Chairman and Executive Director, Mr. Chew Shou Zi as Executive Director, Mr. Liu Qin as Non-executive Director, and Dr. Chen Dongsheng, Prof. Tong Wai Cheung Timothy and Mr. Wong Shun Tak as Independent Non-executive Directors.
VOLUNTARY ANNOUNCEMENT - CLARIFICATION RELATING TO MEDIA ARTICLES ABOUT ELECTRIC VEHICLE BUSINESS
Sunday, February 21, 2021
BUY-HOLD-SELL (MY OPINION) ATHEX - GREECE
Οι οικονομικές και τεχνικές αναλύσεις που παρουσιάζονται στον παρόντα ιστότοπο δεν έχουν διενεργηθεί από Εταιρία Παροχής Επενδυτικών Υπηρεσιών, ούτε έχουν συνταχθεί από πιστοποιημένο αναλυτή του άρθρου 14 του ν. 3606/2007. Πρόκειται απλά για μια απεικόνιση και παράθεση δημόσιων στοιχείων ελληνικών και ξένων μετοχών με ενημερωτικό και ψυχαγωγικό χαρακτήρα.
Το χρηματιστήριο αποτελεί ατομική επενδυτική προοπτική με υψηλό ρίσκο και κίνδυνο και καλό είναι να παίρνει κανείς τις αποφάσεις του μόνος ή με βάση τη συμβουλή του προσωπικού του επενδυτικού συμβούλου.
BUY-HOLD-SELL (MY OPINION)
Το χρηματιστήριο αποτελεί ατομική επενδυτική προοπτική με υψηλό ρίσκο και κίνδυνο και καλό είναι να παίρνει κανείς τις αποφάσεις του μόνος ή με βάση τη συμβουλή του προσωπικού του επενδυτικού συμβούλου.