05:53 AM EDT, 05/21/2024 (MT Newswires) -- JD.com ( JD ) said Tuesday it is planning a $1.5 billion offering of convertible senior unsecured notes due 2029. The company plans to grant a 30-day option to the initial purchasers to buy up to an additional $225 million of the notes. The company said it will use net proceeds for a...

05:45 AM EDT, 05/21/2024 (MT Newswires) -- (Updates with the stock move in the headline and the second paragraph.) Larimar Therapeutics ( LRMR ) said late Monday the US Food and Drug Administration lifted a partial clinical hold previously imposed on the clinical program to study nomlabofusp for treating Friedreich's Ataxia, an inherited nervous system disorder. Shares of the company...

SYDNEY (Reuters) -Chinese online retailer JD.com is raising $1.5 billion via a convertible bond sale, according to the company's regulatory filings on Tuesday. The five-year put-three deal was launched after the Hong Kong trading session closed, and ahead of the stock's open in New York. The deal is being marketed with a zero to 0.25% coupon paid semi-annually, according to...

05:58 AM EDT, 05/21/2024 (MT Newswires) -- Phio Pharmaceuticals ( PHIO ) on Monday filed a registration statement covering the potential sale of up to $100 million worth of its securities. The prospectus covers the sale from time to time of shares of common stock, preferred stock, debt securities, warrants, and units. Net proceeds from the potential sale will be...