Latest news for Abaxx Techs (OTC:ABXXF) Stock

Abaxx Technologies Inc is a technology company engaged in developing and deploying trust-enabling internet protocols. The company's initial focus is on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to an electrified, low-carbon emissions economy. Abaxx's vision is to build Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges that everyone faces as a society, including climate change and the energy transition.

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ABXXF

Abaxx Technologies Seeks To Raise $21.5M Via Upsized Bought Deal Financing

ABAXX TECHNOLOGIES INC by ABAXX Technologies Inc.

Abaxx Technologies Inc

Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has unveiled a new Xbox controller inspired by none other than <a href="https://www.benzinga.com/general/entertainment/24/06/39324461/inside-out-2-moana-2-deadpool-wolverine-can-these-3-movies-bring-back-disneys-box-office-bi">Deadpool himself. </a>
The announcement, made <a href="https://news.xbox.com/en-us/2024/07/17/deadpool-wolverine-xbox-controller-deadpool-design/">via</a> Xbox Wire, introduces the &#8220;Cheeky Controller,&#8221; a striking new addition to the Xbox lineup modeled after what Microsoft playfully describes as &#8220;Deadpool's much-discussed, perfectly rounded tush.&#8221;
See Also: <a href="https://www.benzinga.com/general/gaming/24/07/39716922/xbox-game-pass-ultimate-sets-new-price-at-19-99-day-one-releases-exclusive-to-premium-tier">Xbox Game Pass Ultimate Sets New Price At $19.99: Day One Releases Exclusive To Premium Tier</a>
&#8220;This controller channels Deadpool&#8217;s buns of steel in its firm (yet surprisingly comfortable) grip,&#8221; Microsoft revealed.
<h3 class="wp-block-heading">Limited Availability And Exclusive Offers</h3>
However, obtaining this eye-catching accessory won&#8217;t be straightforward. Microsoft has opted to make the Deadpool-inspired controller available exclusively through a sweepstakes format. 
Fans worldwide, aged 18 and above, are invited to enter for a chance to win the Cheeky Controller by following Xbox on social media and retweeting the official sweepstakes announcement.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Make his finest asset yours Follow &amp; Repost with <a href="https://twitter.com/hashtag/XboxCheekyControllerSweepstakes?src=hash&amp;ref_src=twsrc%5Etfw">#XboxCheekyControllerSweepstakes</a> for a chance to win a custom Xbox Series X console &amp; 2 Cheeky Controllers designed by Deadpool.‌ Ages 18+. Ends 8/11/24. Rules: <a href="https://t.co/G41n6ykYIU">https://t.co/G41n6ykYIU</a><a href="https://twitter.com/Marvel?ref_src=twsrc%5Etfw">@Marvel</a> Studios&#39; Deadpool and Wolverine, in… <a href="https://t.co/hSHZiA3EPb">pic.twitter.com/hSHZiA3EPb</a>
&mdash; Xbox (@Xbox) <a href="https://twitter.com/Xbox/status/1813559436818227580?ref_src=twsrc%5Etfw">July 17, 2024</a></blockquote>
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This approach mirrors previous successful campaigns where Microsoft has used exclusive merchandise to engage its community and reward dedicated fans.
The collaboration doesn&#8217;t stop at the controller. On July 22, the first 1,000 customers purchasing an Xbox Elite Wireless Controller Series 2 – Core from the Microsoft Store will receive an exclusive Cable Guys Deadpool Controller Holder by EXG Pro. 
<h3 class="wp-block-heading">Deadpool-Inspired Xbox Series X and More</h3>
Marvel enthusiasts have even more reasons to celebrate with the announcement of a custom Deadpool-inspired Xbox Series X bundle. 
This special edition includes foam replicas of Deadpool's iconic katanas, Bea and Arthur, along with two matching Xbox Wireless Controllers. 
Like the Cheeky Controller, this bundle will be available exclusively through a competition, underscoring Microsoft&#8217;s commitment to creating memorable fan experiences.
<h3 class="wp-block-heading">Teasing Marvel&#8217;s Upcoming Deadpool &amp; Wolverine</h3>
In tandem with these gaming announcements, Marvel Studios has teased its upcoming film, Deadpool &amp; Wolverine, with a sneak peek into the world of the Deadpool Corps. Meanwhile, the latest teaser trailer introduces characters like Lady Deadpool, Dogpool, and Cowboy Deadpool.
As fans await the premiere of Deadpool &amp; Wolverine on July 26, anticipation is high for what promises to be a game-changing addition to the MCU. 
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<iframe loading="lazy" title="The Cheeky Controller Designed by Deadpool" width="500" height="281" src="https://www.youtube.com/embed/cZY3-Y40-8g?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/gaming/24/06/39256932/xbox-boss-phil-spencer-on-microsoft-studio-closures-i-have-to-run-a-sustainable-business">Xbox Boss Phil Spencer On Microsoft Studio Closures: &#8216;I Have To Run A Sustainable Business&#8217;</a></li>
</ul>
Image courtesy of Xbox.

Gaming

General

MSFT

Discover Xbox's Deadpool-Inspired 'Cheeky Controller' And How To Get It

TrueCar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUE#NASDAQ">TRUE</a>), the most trusted digital automotive marketplace, today proudly announces the launch of the next evolution of TrueCar+ (<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4214128-1&amp;h=727750188&amp;u=http%3A%2F%2Fwww.truecar.com%2Fplus&amp;a=www.truecar.com%2Fplus">www.truecar.com/plus</a>), which now empowers consumers – for the first time – to purchase from over 3,200 new, used, and certified pre-owned vehicles from start to finish completely online.

TRUE

TrueCar Launches The New TrueCar+

Nintendo ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>) recently teased a mysterious new project with the hashtag "#WhoIsEmio?" and a <a href="https://www.benzinga.com/general/gaming">cryptic 15-second video. </a>
This teaser, released on a random Wednesday in July, left many fans intrigued and somewhat unnerved. The suspense ended with an official announcement and a new listing on the Nintendo eShop, revealing Emio – The Smiling Man: Famicom Detective Club.
See Also: <a href="https://www.benzinga.com/general/gaming/24/07/39753348/nintendo-switch-breaks-record-as-longest-lasting-home-console">Nintendo Switch Breaks Record As Longest-Lasting Home Console</a>
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<iframe loading="lazy" title="Emio – The Smiling Man: Famicom Detective Club – A chat with producer Yoshio Sakamoto" width="500" height="281" src="https://www.youtube.com/embed/WpFWGeMLhjw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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<h3 class="wp-block-heading">A Familiar Series Returns</h3>
Emio, known as Smiling Man in the Japanese version, is not a brand-new horror project but the latest installment in the long-standing Famicom Detective Club series. 
Players will assume the role of a detective tasked with solving a gruesome murder involving a student found with a paper bag displaying a smiling face over his head. 
Despite early rumors linking the game to The Medium studio Bloober Team, Nintendo confirmed that Emio – The Smiling Man: Famicom Detective Club was developed internally, with Metroid producer Yoshio Sakamoto at the helm. Sakamoto shared more details about the game in a short video posted by Nintendo.
<h3 class="wp-block-heading">Reviving A Classic</h3>
Emio – The Smiling Man marks the first new entry in the Famicom Detective Club series in 30 years. The last major release was in 1994. In 2021, Nintendo revitalized the series by releasing remakes of the original games, The Missing Heir and The Girl Who Stands Behind, which originally debuted in the late 1980s. These remakes were well-received, reigniting interest in the franchise and paving the way for this latest installment.
<h3 class="wp-block-heading">Launch Details</h3>
Emio was not featured during the Nintendo Direct event in June. However, it is set to join Nintendo's holiday release lineup, launching on Aug. 29.
The game promises to bring a blend of classic detective storytelling with modern gaming elements. It offers both longtime fans and newcomers an engaging experience.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/gaming/24/07/39718691/nintendo-switch-sees-biggest-drop-as-all-consoles-face-double-digit-declines">Nintendo Switch Sees Biggest Drop As All Consoles Face Double-Digit Declines</a></li>
</ul>
Image courtesy of Nintendo <a href="https://x.com/NintendoAmerica/status/1813563061938315499/photo/1">via</a> Twitter.

Entertainment

NTDOY

Who Is Emio? Nintendo Unveils Latest Famicom Detective Club Mystery

UnitedHealth Group Says Rhode Islanders Eligible For Medicaid Will Have Access To UnitedHealthCare Services And Benefits Through 2030

William Penn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WMPN#NASDAQ">WMPN</a>) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.09) by 77.78 percent.

Earnings

Earnings Beats

WMPN

William Penn Q4 2024 Adj EPS $(0.02) Beats $(0.09) Estimate

Laboratory Corporation Of America Holdings

Labcorp Workers In Washington Ratify A New Contract; Three-year Contract Includes Higher Wages For Every Position, & Elimination Of Ghost Steps

STBX

Starbox Group Holdings Files For Offering Of Up To 81.5M Class A Ordinary Shares By Selling Shareholders

Home Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBCP#NASDAQ">HBCP</a>) reported quarterly earnings of $1.02 per share which beat the analyst consensus estimate of $0.98 by 4.08 percent. This is a 15.7 percent decrease over earnings of $1.21 per share from the same period last year. The company reported quarterly sales of $29.393 million which beat the analyst consensus estimate of $28.467 million by 3.25 percent. This is a 3.01 percent decrease over sales of $30.306 million the same period last year.

HBCP

Home Bancorp Q2 2024 GAAP EPS $1.02 Beats $0.98 Estimate, Sales $29.393M Beat $28.467M Estimate

Donald Trump's vice-presidential pick, Senator J.D. Vance, adds a former venture capitalist to the GOP ticket for <a href="https://www.benzinga.com/topic/2024-presidential-election">the 2024 presidential election</a>. 
It also comes as business leaders in the tech space <a href="https://www.benzinga.com/news/24/07/39784950/elon-musk-to-pour-45m-monthly-in-pro-trump-super-pac-joined-by-palantirs-joe-lonsdale-winklevoss-twi">donate to the former president.</a>
But Vance has favored breaking up large tech companies, namely Google&#8217;s parent company, Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>).
What Happened: Earlier this year, Vance <a href="https://x.com/JDVance1/status/1761041871617278246">tweeted</a>: "It's time to break Google up. This matters far more than any other election integrity issue. The monopolistic control of information in our society resides with an explicitly progressive technology company.&#8221;
The post came ahead of Vance&#8217;s attending an event for antitrust reform. The event included Federal Trade Commission Chair Lina Khan and Senator Elizabeth Warren (D-Mass), who have been viewed as two figures looking to break up tech companies, as <a href="https://www.theverge.com/24199314/jd-vance-donald-trump-vp-antitrust-big-tech-ftc-lina-khan-elizabeth-warren-google">reported </a>by The Verge.
"The fundamental question to me is, how do we build a competitive marketplace that is pro-innovation, pro-competition, that allows consumer to have the right choices and isn't just so obsessed on pricing power within the market that it sort of ignores all the other things that really matter?" Vance asked the audience.
At the event, Vance praised Khan, a President Joe Biden appointee. Republicans, in contrast, criticize Khan's blocking of tech deals.
"I look at Lina Khan as one of the few people in the Biden administration that I actually think is doing a pretty good job," Vance said.
One of the reasons Vance is against big tech centers on the perceived control big-name companies have over what people can say and post online. Vance alleged that voters will see results on Google that could be "explicitly biased towards Democrats" and called this "a threat to democracy."
At the event, Vance targeted Google and Facebook, a unit of Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
"I think that Google and Facebook have really distorted our political process. And I think a lot of my friends on the left would agree with me, but they might disagree with me directionally about how to fix that problem,&#8221; he said. "We have to stop the craziness, and I think one way to do it is to stop the way that these companies control the flow of information in our country."
Read Also: <a href="https://www.benzinga.com/general/politics/24/07/39780777/trump-picks-senator-j-d-vance-as-running-mate-musk-says-great-choice-for-vp">Trump Picks Senator J.D. Vance As Running Mate: Musk Says &#8216;Great Choice&#8217; For VP</a>
Why It's Important: While Vance has vocally called for Google to be broken up, his appointment as the running mate of Trump doesn't mean it will happen. Vice presidents don't specifically set policy and oftentimes don't have a ton of power.
Having Vance in the White House could lead to more discussion from Trump and Congress on how to break up big technology companies and improve antitrust legislation.
The public callouts against Google come as Vance <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39799850/5-things-you-might-not-know-about-j-d-vance-hillbilly-elegy-author-bitcoin-holder-first-mi">is an investor in</a> video-sharing platform Rumble Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>), a company that <a href="https://www.benzinga.com/news/24/05/38807076/trump-media-firms-tech-ad-partner-rumble-sues-google-for-1b-over-alleged-ad-monopoly">has filed multiple lawsuits </a>against the search engine company. 
Lawsuits from Rumble have centered on favoring YouTube in search results and digital advertising practices.
Vance also counts the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) as one of his largest investments.
The U.S. Justice Department <a href="https://www.benzinga.com/news/large-cap/24/05/38741108/google-stares-down-largest-tech-antitrust-ruling-in-2-decades-is-at-t-style-breakup-next">also filed a lawsuit</a> against Google and has circled on the big technology company over antitrust concerns.
For Alphabet investors, the big question is if a breakup of the company could unlock shareholder value and be favored by some.
Needham analyst Laura Martin called Alphabet a top large-cap stock pick for 2024 and has a Buy rating.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39623763/breaking-up-google-would-drive-10-15-upside-for-shareholders-analyst-says">Martin said Google </a>is worth more in a sum of the parts than as one company and she welcomes attempts to break up the company.
"We believe the EU will ultimately require GOOGL to spin off its 3rd-party network ad business," Martin said.
Martin said breaking up Google could add 10% to 15% of upside for shareholders with YouTube potentially worth $455 billion to $634 billion on its own.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/05/38829726/rumble-q1-earnings-highlights-revenue-miss-eps-miss-lawsuit-filed-against-google">Rumble Q1 Earnings Highlights: Revenue Miss, EPS Miss, Lawsuit Filed Against Google</a></li>
</ul>
Image: Shutterstock

Politics

Trading Ideas

GOOG

GOOGL

Trump's New Running Mate J.D. Vance Wants To Break Up Google: Could 2024 Election Be Bad For Big Tech?

Cohen &amp; Steers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.67 by 1.49 percent. This is a 2.86 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $121.72 million which beat the analyst consensus estimate of $121.48 million by 0.20 percent. This is a 0.90 percent increase over sales of $120.63 million the same period last year.

UPDATE: Cohen & Steers Q2 Adj $0.68 Beats $0.67 Estimate, Sales $121.72M Beat $121.48M Estimate

$800 million aggregate principal amount of&nbsp;4.600%&nbsp;Notes due 2027
$500&nbsp;million aggregate principal amount of&nbsp;4.900%&nbsp;Notes due 2035
$1.20 billion aggregate principal amount of&nbsp;5.350%&nbsp;Notes due 2055
BlackRock intends to use the net proceeds of the offering to fund a portion of the cash consideration for BlackRock&#39;s proposed acquisition of Preqin Holding Limited (&quot;Preqin&quot; and the &quot;Preqin Transaction&quot;).&nbsp;

BlackRock Prices $2.5B Debt Offering Consisting Of Three Tranches Of Senior Unsecured Notes; Intends To Use Net Proceeds To Fund Portion Of Cash Consideration For Preqin Deal

Energy Transfer LP Files For Offering Of Up To 5.8M Common Units By The Selling Unitholders

Management

Crown Castle Says Reduced Staffing & Field Office Locations, Sees About $100M Annualized Cost Savings

Aspira Women's Health Inc Files For Offering Of Up To 2.5M Shares By The Selling Stockholders

Guidance

STLD

Steel Dynamics Says Chairman And Ceo Mark Millett Says We Remain Confident That Market Conditions Are In Place For Domestic Steel Consumption To Be Solid In H2 2024; We Will Be Benefiting From Additional 1.1M Tons Of Value-Added Steel Products In H2 Of This Year And Fully In 2025

WIIM

SAI.TECH Global shares are trading higher after the company's Board authorized a buyback of up to $1 million and up to 1 million shares.

Community Financial System, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) (the "Company") announced that it has declared a quarterly cash dividend of $0.46 per share on its common stock. The dividend will be payable on October 10, 2024 to shareholders of record as of September 13, 2024.
The $0.46 cash dividend represents a $0.01, or 2.2%, increase and an annualized yield of 3.25% based on the closing share price of $56.63 on July 16, 2024. President and Chief Executive Officer, Dimitar Karaivanov, commented, "Our consistent profitability, rooted in our financial services business model, coupled with our strong cash flows, have positioned us to increase our dividend for 32 consecutive years. We have returned over $750 million to our Shareholders through dividends over the last 10 years and believe a growing dividend demonstrates our commitment to provide favorable long term returns to our Shareholders."

Dividends

Community Financial System Increases Its Quarterly Dividend From $0.45 To $0.46 Per Share

Buybacks

SAI.TECH Global Board Authorizes Buyback Of Up To $1M And Up To 1M Shares

However, there can be no assurance that that the Reverse Stock Split will increase the Company&#39;s stock price sufficiently in order to meet any requirements and policies of the NYSE American.
The Reverse Stock Split will take legal effect at 11:01 P.M. Eastern Time on July 17, 2024, and the Company&#39;s Common Stock will open for trading on the OTC Markets on July 18, 2024, on a post-split basis, under the existing ticker symbol &quot;SCPX&quot; but with new CUSIP number 42237K508.

Stock Split

SCPX

Scorpius Holdings Board Approves 1-For-200 Reverse Stock Split Of Common Stock

Dividends on common stock to be payable Oct. 1; dividends on preferred stock to be payable in August and September.
The Regions Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>) Board of Directors today declared the following cash dividends on its common shares, Series B preferred shares, Series C preferred shares, Series D preferred shares and Series E preferred shares:
<ul>
<li>A cash dividend of $0.25 on each share of outstanding common stock of the Company, payable on Oct. 1, 2024, to stockholders of record at the close of business on Sept. 3, 2024. The dividend of $0.25 represents a $0.01 increase over the most recent quarterly common dividend.</li>
<li>A cash dividend of $15.9375 per share of Series B Preferred Stock (equivalent to approximately $0.398438 per depositary share), payable on Sept. 16, 2024, to stockholders of record at the close of business on Sept. 3, 2024.</li>
<li>A cash dividend of $14.25 per share of Series C Preferred Stock (equivalent to approximately $0.35625 per depositary share), payable on Aug. 15, 2024, to stockholders of record at the close of business on Aug. 1, 2024.</li>
<li>A cash dividend of $1,437.50 per share of Series D Preferred Stock (equivalent to approximately $14.375 per depositary share), payable on Sept. 16, 2024, to stockholders of record at the close of business on Sept. 3, 2024.</li>
<li>A cash dividend of $11.125 per share of Series E Preferred Stock (equivalent to approximately $0.278125 per depositary share), payable on Sept. 16, 2024, to stockholders of record at the close of business on Sept. 3, 2024.</li>
</ul>

Regions Financial Increases Quarterly Common Dividend From $0.24 To $0.25 Per Share

These Technology stocks are trading higher:-Ryvyl Inc (RVYL) stock is trading at $3.60, an increase of $0.5, or 16.13%, on high volume.  Ryvyl Inc gets a Sentiment Score of Very Bullish from InvestorsObserver and receives an average analyst recommendation of Buy.  -POET Technologies Inc (POET) stock is trading at $1.17, an

Technology Stocks on the Move Wednesday: RVYL, POET, ABXXF, COMM, WAVD, INOD, IFBD, SOL

Abaxx announces C$10 million bought deal financing

Abaxx Technologies announces upsize of bought deal financing to C$16.25M

Abaxx Technologies Starts Commodities Exchange, Now Watch For Revenue And Earnings

COMM

IFBD

INOD

POET

RVYL

WAVD

Financing

Press Releases

Abaxx Announces Closing of Strategic Financing in Abaxx Singapore

Abaxx Exchange and Clearing Joins Futures Industry Association

StoneX Becomes Abaxx Exchange's First Clearing and Trading Member to Expand Market Offering

Abaxx Provides Q1 Corporate Update

KGI Securities Receives Membership Approval, Joins Abaxx Exchange as Clearing and Trading Member

Abaxx Prepares Exchange Opening Sequence and Final Notices

Abaxx Announces Investor Call

Trading Commences in Physically-Settled LNG and Carbon Futures on Abaxx Commodity Futures Exchange and Clearinghouse

Fintech

Commodities

Small Cap

Trading Technologies launches day-one connectivity to Abaxx Exchange

Abaxx Commodity Futures Exchange and Clearinghouse Selects Baymarkets Clara Clearing System to Support New Commodities Exchange

SNEX

Abaxx Techs

<ul>
	<li>Abaxx Technologies Inc&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/abxxf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">ABXXF</a>) could raise gross proceeds of C$21.5 million via equity offering to institutional buyers in a private&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/04/n20558076/abaxx-technologies-inc-announces-upsized-bought-deal-financing-to-21-5-million" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">bought deal financing</a>. The company will sell 5.6 million units at C$3.80 per unit.</li>
	<li>Cormark Securities and BMO Capital Markets are the underwriters for the offering. The underwriters have an option to purchase additional shares up to 0.85 million, representing 15% of the offering size.</li>
	<li>The offering was&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/04/n20548879/abaxx-technologies-inc-announces-15-million-bought-deal-financing" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">upsized</a>&nbsp;from the previously announced C$15 million.</li>
	<li>The offer price represents a discount of 6.2% to Thursday&#39;s closing price of C$4.05 stock on the NEO exchange.</li>
	<li>Each unit will consist of one share and one-half of one share purchase warrant. Each warrant will entitle the holder to acquire one share at an exercise price of C$5.10 over two years.</li>
	<li>Abaxx intends to use the offering proceeds for regulatory capital, working capital, and general corporate purposes.</li>
	<li>It held $8.9 million in cash and equivalents as of Dec. 31, 2020.</li>
	<li>Price action:&nbsp;ABXXF shares traded lower by 2.48% at $3.15 on the OTC exchange on the last check Friday.</li>
</ul>

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Abaxx Techs

News

Latest news for Abaxx Techs (OTC:ABXXF) Stock

Friday, April 09, 2021