The dilutive share offering at $1.25 per share comes just a week after the energy storage company's stock surged over 100%.
The private placement deal with an institutional investor is set to fund the development of the company's massive Tanbreez rare earth project in Greenland.
All-stock transaction marks significant consolidation in the regional banking sector, creating the 9th largest U.S. bank by assets.
The executive search firm's shares jumped over 19% after agreeing to an all-cash acquisition by an investor group led by Advent International and Corvex.
Former PayPal chief takes the helm as the telecom giant navigates intense competition and a strategic shift toward customer and financial growth.
Acquisition of a 49% stake from EDP Renewables adds 1.6 GW of solar, wind, and battery storage assets across the U.S.
The all-cash deal, valued at $210 per share, paves the way for the creation of a diversified energy and industrial technology leader.
Analyst cites accelerating DRAM pricing and a cyclical recovery in the memory chip market as key drivers for the bullish outlook.