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Array Technologies, Inc. Announces Closing of Initial Public Offering
ALBUQUERQUE, N.M., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the “Company”) today announced the closing of its upsized initial public offering of 54,625,000 shares of common stock. The offering consisted of 7,000,000 shares of common stock issued and sold by the Company and 47,625,000 shares of common stock sold by a parent entity of the Company controlled by Oaktree Capital (the “Selling Stockholder”), which included an additional 7,125,000 shares of the Company’s common stock following the exercise in full of the underwriters’ option to purchase additional shares of the Company’s common stock from the Selling Stockholder, in each case at an initial public offering price of $22.00 per share. The Company did not receive any of the proceeds from the sale of shares offered by the Selling Stockholder. The common stock began trading on the Nasdaq Global Market under the symbol “ARRY” on October 15, 2020. Goldman Sachs & Co. LLC and J.P. Morgan acted as joint book-running managers and representatives of the underwriters for the offering. Guggenheim Securities and Morgan Stanley acted as joint book-running managers and Credit Suisse, Barclays and UBS Investment Bank acted as book-runners. Cowen, Oppenheimer & Co. Inc., MUFG and Nomura acted as
Demand for Apple’s iPhone 12 outpacing last year’s model, analyst says
Whether or not the 5G revolution is here remains to be seen, but Apple fans are buying in. The newly unveiled iPhone 12 and iPhone 12 Pro received twice as many preorders in its first day on sale than last year’s iPhones did, according to an influential tech analyst. With 1.7 million to 2 million customers putting a new iPhone in their shopping cart last Friday, Apple’s newest handset far outpaced the 500,000 to 800,000 units the iPhone 11 family moved in its first 24 hours, according to Apple analyst Ming-Chi Kuo. The new devices are Apple’s first with 5G technology, which allows them to access super-fast wireless speeds that are as much as 10 or 20 times faster than current 4G networks. Questions remain, however, about whether Chief Executive Tim Cook will be able to deliver on their 5G promises. Carriers are still scrambling to roll out their next-generation networks and service is expected to remain spotty in some areas. Kuo had initially anticipated the mid-range iPhone 12 to make up a greater percentage of the iPhone market than the more expensive Pro, but pre-order numbers saw the two models go neck and neck. “The iPhone 12 Pro pre-order beat
Trump says he will test for Covid-19 before next presidential debate
PHOENIX (REUTERS) - US President Donald Trump said on Monday (Oct 19) he would test for the coronavirus before the next presidential debate with Democratic candidate Joe Biden this week. "Sure I would have no problem with that," Trump told reporters when he was asked whether he would be tested before Thursday's debate in Nashville. Trump announced on Oct 2 that he had tested positive for Covid-19, and has declined to say when he last tested negative before the previous debate held on Sept 29. Related Stories:
Synapse XT Review: Safe Natural Tinnitus Relief Ingredients?
Boise, ID, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Synapse XT is a natural tinnitus relief supplement that increases the health of the brain as it nourishes the user’s hearing as well. This anti-tinnitus supplement can only be found online, though it combines multiple ingredients that are known for their use as antioxidants and immunity boosters. Made available exclusively online only at the official website of SynapseXT.com, the Synapse XT tinnitus supplement bills itself as a simple solution and natural method to relieve ear ringing based on a top US doctor's recommendations to start eliminating all of the hissing, buzzing and whooshing sounds that don't allow those who suffer from this daunting condition to regain silence and peace of mind. But will Synapse XT really allow users to have a supreme mind again? Do the Synapse XT ingredients have enough spark to really supercharge the brain and hearing faculties naturally? Let's review the eight ingredients Synapse XT includes in the tinnitus relief supplement to see if the powerful mix of herbal plant-based extracts and superfood nutrients can benefit the vital hearing, focus and memory capacities of the mind without any harsh side effects. What is Synapse XT? Synapse XT is a new
ASX set to slide lower as Wall Street slips on stimulus uncertainty
A spokesperson told Fox on Monday that the White House was "cautiously optimistic" that Pelosi was moving toward making a deal. But this was after last week when the White House proposed a $US1.8 trillion ($2.5 trillion) stimulus package that Pelosi rejected because it fell short and stuck to her demand for $US2.2 trillion in aid. In mid-afternoon trade, the Dow Jones is 0.7 per cent lower, the S&P 500 has lost 0.8 per cent and the Nasdaq has shed 0.7 per cent, It sets up the ASX for losses this morning, with futures at 5.19am AEDT pointing to a fall of 21 points, or 0.3 per cent, at the open. Wall Street's fear gauge was rising for a sixth straight session as election campaigns kicked into high gear, with early voting starting in Florida, a battleground state that could decide the presidential election. President Donald Trump and his Democratic challenger Joe Biden will debate for a final time on Thursday. All 11 major S&P industry sectors were trading lower, with health care and communication services index leading the percentage declines, dipping more than 1 per cent. Amazon.com, Facebook and Microsoft were all down more than 1
