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Stock Market & Financial Investment News

News Breaks
July 14, 2014
08:41 EDTSCOKSinoCoking Coal to change name to Clean Synthetic Technologies
SinoCoking Coal and Coke Chemical said that, subject to shareholder approval and satisfaction of applicable laws, it intends to change its name to Clean Synthetic Technologies. The name reflects the company's new emphasis on the large-scale production of clean-burning synthetic gas and other clean energy products. Concurrent with the name change, the company expects to change its stock trading symbol on Nasdaq.
News For SCOK From The Last 14 Days
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September 24, 2014
23:32 EDTSCOKSinoCoking Coal raises $14.3M in a registered direct offering
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September 18, 2014
12:36 EDTSCOKSinoCoking Coal enters agreement for $14.3M registered direct offering
SinoCoking Coal and Coke Chemical Industries announced that it entered into a securities purchase agreement with two institutional investors in connection with an offering pursuant to which the company agreed to sell to investors 2,818,845 shares to be issued on the initial closing of the Offering at a price of $5.10 per common share. The Initial Offering includes Series A warrants to purchase an aggregate of 1,409,423 shares of common stock and Series B warrants, which are not exercisable for the first six months, may become exercisable only to the extent the company does not have an effective registration statement available for shares underlying such warrants, and, in any event, expire after certain registration conditions are satisfied, to purchase an aggregate of 1,644,737 shares of common stock. The company expects the Initial Offering of approximately $14.3M in gross proceeds will close on or before September 23. FT Global Capital, Inc. served as the exclusive placement agent for the offering.
10:34 EDTSCOKHigh option volume stocks
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10:04 EDTSCOKSinoCoking Coal to sell 2.8M shares to two institutional investors
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September 17, 2014
13:03 EDTSCOKSinoCoking Coal to host special shareholder meeting
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