Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NEWS OUT=====
Looks like good news to me.
Ven
Any idea what is going on ftrpr? It sure has been trading heavy the last few days.
stock==
I have been buying a little bit at a time. I have add another 25000 shares in the last few days.I also thought it look a little better to day. Maybe we will get a run here pretty soon. I pick up another crap shoot one yesterday and made a couple grand it went from .08 to .29=== GLTUA
=====Where did everybody go?=====
====GOOD NEWS OUT THIS AM====
See news above====
stock==
That should help HEB. Are you still buying. I pick up a few thousand yesterday and have a order this morning.==GLTU
stock===
It took 15 t0 20 thousand trades to pick up that 22000 shares a lot of 100 shares trades.
stock=
I read some where that the Sabby outfit had been shorting the stock. They will have to cover soon or later and I hope sooner. I bought the 22000shares all at .31 this morning it took a lot of trades to get it.
mom====
That is the way you make big money is buying big pos. No I am not in a group. This is my hobby and I win some and I lose some. I never would consider buying a stock unless I can buy at least 50000 shares or more. I don't tell people to buy and I don't tell people to sell all I say is do your on DD====GLTU
===mom====
It means buying opt to me so I pick up another n22000 this morning.
I feel like we are going to have a good week this week. It was pretty strong on the close Fri. ====GLTA
stock===
I agree with every thing that you are saying here. It makes a lot of sense======GLTU
stock=====
I have already double my pos twice and think I will add more next wk.==== The stock did act a little better fri====Thank you for the info====
stock=====
That is good news. The stock is action a little better this morning.
Beer
It is hanging pretty tough in here.
=====READ THE NEWS ABOVE===
I am sure glad they corrected the numbers in the news release this morning. They reported a .70 loss and it should have been a .07 loss that makes quite a dif in the numbers that was reported this morning====
Smitty====
I don't think anybody knows what is going on. I am began to wonder if mgt even knows what is going on.
stock===
That was really good drop in the shorts===Maybe they are getting ready to run it.===It is due for a run.====GLTA
Luck
Because they think they have winner.=======
jimboss
Did you sell out and leave us? We miss you=====
I was just looking at yahoo finance service web cite. They have a 1yr target price est of $11.52 a share. I don't know what the guy was drinking but it must been pretty strong stuff.
===stock===
Thanks for the info. I own a ton of this stock because they have some prods if they hit a cure for one or 2 of them it will be worth a lot of money. ====GLTA
mom=====
All this vol in the last few days and it has not moved a penny====That is strange. I hope that saggy outfit is no shorting it.===GLTA
I don't think any body knows what is going on.
mom====
Your guess is as good as mind======
====We are getting vol but the stock is not moving.======
=======FOR WHAT IT WORTH======
======Looks pretty good to me======
Current Report Filing (8-k)
Date :
05/07/2018 @ 5:22PM
Source :
Edgar (US Regulatory)
Stock :
Heat Biologics, Inc. (MM) (HTBX)
Quote :
1.3 0.04 (3.17%) @ 6:14PM
Current Report Filing (8-k)
Print
Alert
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): May 2, 2018
Heat Biologics, Inc.
(Exact name of registrant as specified in charter)
Delaware
(State or other jurisdiction of incorporation)
001-35994
26-2844103
(Commission File Number)
(IRS Employer Identification No.)
801 Capitola Drive
Durham, NC 27713
(Address of principal executive offices and zip code)
(919) 240-7133
(Registrant’s telephone number including area code)
N/A
(Former Name and Former Address)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company þ
If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. þ
Item 1.01 Entry into a Material Definitive Agreement.
On May 7, 2018, Heat Biologics, Inc. (the “ Company ” ) closed its previously announced firm commitment underwritten public offering (the “ Offering ” ) in which, pursuant to the underwriting agreement (the “Underwriting Agreement”) entered into between the Company and A.G.P./Alliance Global Partners (A.G.P.), as representative of the underwriters, dated May 2, 2018, the Company issued and sold (i) 4,875,000 shares of common stock (inclusive of 1,875,000 shares of common stock subject to the over-allotment option, which was exercised in full) together with a number of common warrants to purchase 2,437,500 shares of its common stock (inclusive of warrants to purchase 937,500 shares of common stock subject to the over-allotment option, which was exercised in full), and (ii) 9,500,000 pre-funded warrants, with each pre-funded warrant exercisable for one share of common stock, together with a number of common warrants to purchase 4,750,000 shares of our common stock. The public offering price was $1.44 per share of common stock, $1.43 per pre-funded warrant and $0.01 per common warrant, and the gross proceeds received by the Company at the closing of the Offering on May 7, 2018 pursuant to such sales were approximately $20.7 million, prior to deducting underwriting discounts and commissions and other estimated offering expenses.
The common warrants will be immediately exercisable at a price of $1.584 per share of common stock, subject to adjustment in certain circumstances, and will expire on May 7, 2023 (five years from the date of issuance). The Company has the option to “call” the exercise of any or all of the common warrants, from time to time after any 10-consecutive trading day period during which the daily VWAP of the common stock is not less than 300% of the exercise price for the common warrants in effect for such 10-consecutive trading day period. No fractional shares of common stock will be issued in connection with the exercise of a common warrant. In lieu of fractional shares, we will round up to the next whole share. The common warrants also provide that in the event of a fundamental transaction the Company is required to cause any successor entity to assume its obligations under the common warrants. In addition, the holder of the common warrant will be entitled to receive upon exercise of the common warrant the kind and amount of securities, cash or property that the holder would have received had the holder exercised the common warrant immediately prior to such fundamental transaction.
Each purchaser whose purchase of shares of common stock in the offering would otherwise result in the purchaser, together with its affiliates and certain related parties, beneficially owning more than 4.99% (or, at the election of the holder, 9.99%) of the Company’s outstanding common stock immediately following the consummation of this offering, was offered the opportunity to purchase pre-funded warrants, in lieu of shares of common stock that would otherwise result in the purchaser’s beneficial ownership exceeding 4.99% (or, at the election of the holder, 9.99%) of the Company’s outstanding common stock. Subject to limited exceptions, a holder of pre-funded warrants will not have the right to exercise any portion of its pre-funded warrants if the holder, together with its affiliates, would beneficially own in excess of 4.99% (or, at the election of the holder, 9.99%) of the number of shares of common stock outstanding immediately after giving effect to such exercise. Each pre-funded warrant will be exercisable for one share of the Company’s common stock. The exercise price of each pre-funded warrant will be $0.01 per share. Each pre-funded warrant will be exercisable upon issuance and may be exercised at any time until all of the pre-funded warrants are exercised in full. The pre-funded warrants also provide that in the event of a fundamental transaction the Company is required to cause any successor entity to assume our obligations under the pre-funded warrants. In addition, the holder of the pre-funded warrant will be entitled to receive upon exercise of the pre-funded warrant the kind and amount of securities, cash or property that the holder would have received had the holder exercised the pre-funded warrant immediately prior to such fundamental transaction. On May 2, 2018, the Company entered into a warrant agency agreement with Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agency Agreement”) with respect to the common warrants.
The foregoing descriptions of the Underwriting Agreement, the Warrant Agency Agreement, the common warrant and the pre-funded warrants are not complete and are qualified in their entirety by reference to the full text of the Underwriting Agreement, the common warrant, the Warrant Agency Agreement and the pre-funded warrant, copies of which are included as Exhibit 1.1, Exhibit 4.1, Exhibit 4.2, and Exhibit 4.3 respectively, and incorporated by reference herein.
Item 8.01 Other Information.
On May 3, 2018, the Company issued a press release announcing the pricing of the Offering. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
On May 7, 2018, the Company issued a press release announcing the closing of the Offering. A copy of the press release is attached as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits
Exhibit No.
Description
1.1
Underwriting Agreement by and between Heat Biologics, Inc. and A.G.P./Alliance Global Partners (A.G.P.), as representative of the underwriters, dated May 2, 2018
4.1
Warrant Agency Agreement by and between Heat Biologics, Inc. and Continental Stock Transfer & Trust Company, as warrant agent, dated May 2, 2018
4.2
Common Warrant
4.3
Form of Pre-Funded Warrant (incorporated by reference to Exhibit 4.16 to the Company’s Registration Statement on Form S-1 (File No. 333-224039), Amendment No. 1, filed with the SEC on May 2, 2018)
99.1
Press Release of Heat Biologics, Inc. dated May 3, 2018
99.2
Press Release of Heat Biologics, Inc. dated May 7, 2018
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: May 7, 2018
HEAT BIOLOGICS, INC.
By:
/s/ Jeffrey Wolf
Name:
Jeffrey Wolf
Title:
Chairman, President and
Chief Executive Officer
Bee===
I am ready and load .
Heat Biologics Inc, Inst Holders, 1Q 2018 (HTBX)
3:22 am ET May 4, 2018 (Dow Jones) Print
The following table shows the largest shareholders in HEAT BIOLOGICS INC COM (HTBX) for the quarter ended March 31, 2018, listed by holding size. The list represents up to 50 of the largest holders in the company.
Note: Unless otherwise mentioned the reporting date is 03/31/2018
Institution Shares Shares % Last
Held Changed Held Report
Sabby Capital LLC 261,512 90,264 4.617 12/31
The Vanguard Group Inc. 81,457 78 1.438 12/31
Geode Capital Management LLC 79,837 71,853 1.410 12/31
BNY Mellon Capital Markets LLC 5,519 5,519 0.097 12/31
Virtu Financial BD LLC 4,123 (3,292) 0.073 12/31
Two Sigma Securities LLC 3,469 1,303 0.061 12/31
Northern Trust Investments In 2,530 0 0.045 12/31
Morgan Stanley Smith Barney LL 853 0 0.015 12/31
BlackRock Fund Advisors 404 24 0.007 12/31
BlackRock Advisors LLC 299 0 0.005 12/31
City National Rochdale LLC 100 100 0.002 12/31
UBS Securities LLC 98 (4,182) 0.002 12/31
RBC Dominion Securities Inc. 1 1 0.000 12/31
Franklin Street Advisors Inc. 0 (2,050) 0.000 03/31
13F data provided by: Factset Research Systems Inc.;
Please send questions to ownership@factset.com.
Copyright, Factset Research Systems, 2018. All Rights Reserved.
(END) Dow Jones Newswires
May 04, 2018 03:22 ET (07:22 GMT)
ven69========
Thanks for the info.
Any body have any idea what is going on with the pfd it has had a million 200 thousand yesterday and has another million this am. I can't ever remember it having that kind of vol in 2 days. =====
revenue====
I think you are right you don't get the kind of vol it has had the last few days on a offering.
momoney===
You could be right. Mgt seem to be for the stock holders and probable will do what he has to do for the co.
stock===
I have to run out to pick up some things for my wife. I will try it as soon as I get back=====thanks for the info
stock===
Where can I go to bring this vol and price chart up?
stock====
Thank for the info I thought it read pretty good===Looks like we may have the bull by the tail.
====Heb is action a little better this morning.====
========Man is this thing hot today====
Beer===
Thanks for the info. I think their was another one for 32000Shares at .32 insider buy.