trending Market Intelligence /marketintelligence/en/news-insights/trending/ku1h4StCOkjChZp--Wsyxw2 content esgSubNav
In This List

Capnia stockholder to sell 10 million shares

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall

Blog

Global M&A By the Numbers: Q1 2022

Blog

Insight Weekly: Challenges for European banks; Japan's IPO slowdown; carmakers' supply woes

Blog

Investment Banking Essentials Newsletter April Edition - 2022


Capnia stockholder to sell 10 million shares

Capnia Inc. said its stockholder Aspire Capital Fund LLC is selling up to 10 million shares at a price to be determined by the prevailing market price for the shares or in negotiated transactions.

Capnia will not receive proceeds from the sale of shares by the selling stockholder. However, the company may receive proceeds of up to $17 million from the sale of common stock to the selling stockholder under a purchase agreement signed Jan. 27.