BIRMINGHAM, Mich. , Nov. 27, 2024 /PRNewswire/ -- OneStream, Inc. ("OneStream") (Nasdaq: OS) announced today that in connection with the previously announced underwritten public offering of 15,000,000 shares of its Class A common stock, which closed on November 18, 2024 , the underwriters have exercised in full their option to purchase an additional 2,250,000 shares of Class A common stock at the public offering price of $31.00 per share, less underwriting discounts and commissions. Of the additional shares, 1,351,043 shares were sold by selling stockholders and 898,957 shares were sold by OneStream as part of a non-dilutive "synthetic secondary" transaction (the "Synthetic Secondary"). OneStream did not receive any proceeds from the sale of shares by the selling stockholders in the public offering. OneStream used all of the net proceeds to it from the public offering to purchase LLC units of OneStream Software LLC (and purchase and cancel an equal number of shares of Class C common stock) from KKR Dream Holdings LLC in the Synthetic Secondary, at a purchase price per unit equal to the public offering price per share of Class A common stock sold in the public offering, net of underwriting discounts and commissions. Accordingly, OneStream did not retain any proceeds from the public offering and, upon the closing of the public offering and the Synthetic Secondary, the total number of outstanding shares of common stock of OneStream and LLC units of OneStream Software LLC remained the same. Morgan Stanley, J.P. Morgan and KKR acted as lead book-running managers for the offering. Citigroup, BofA Securities and Guggenheim Securities acted as book-running managers and Mizuho, Raymond James , Scotiabank, Truist Securities, BTIG, Piper Sandler, TD Cowen and Wolfe | Nomura Alliance acted as additional book-running managers for the offering. Amerivet Securities, Blaylock Van , LLC, Cabrera Capital Markets LLC, Drexel Hamilton and Loop Capital Markets acted as co-managers for the offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on November 14, 2024 . The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from: Morgan Stanley & Co. LLC, Prospectus Department, 180 Varick Street, New York, New York 10014, or email: prospectus@morganstanley.com ; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com . This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About OneStream OneStream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve. With over 1,500 customers, including 15% of the Fortune 500, more than 250 go-to-market, implementation, and development partners and over 1,400 employees, our vision is to be the operating system for modern finance. Disclaimer "Wolfe | Nomura Alliance " is the marketing name used by Wolfe Research Securities and Nomura Securities International, Inc. in connection with certain equity capital markets activities conducted jointly by the firms. Both Nomura Securities International, Inc. and WR Securities, LLC are serving as underwriters in the offering described herein. In addition, WR Securities, LLC and certain of its affiliates may provide sales support services, investor feedback, investor education, and/or other independent equity research services in connection with this offering. Investor Relations Contacts INVESTOR CONTACT Anne Leschin VP, Investor Relations and Strategic Finance OneStream investors@onestreamsoftware.com MEDIA CONTACT Victoria Borges Media Relations Contact OneStream media@onestreamsoftware.com View original content: https://www.prnewswire.com/news-releases/onestream-announces-full-exercise-of-underwriters-option-to-purchase-additional-shares-in-secondary-offering-of-class-a-common-stock-302317890.html SOURCE OneStream, Inc.
Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. The S&P 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. The loss snapped a seven-day winning streak for the benchmark index. The Dow Jones Industrial Average fell 0.3%, its first loss after five gains. The Dow and S&P 500 remain near the all-time highs they set on Tuesday. The Nasdaq composite, which is heavily weighted with technology stocks, fell 0.6%. Losses for tech heavyweights like Nvidia, Microsoft and Broadcom were the drag on the market. Semiconductor giant Nvidia fell 1.2%. Its huge value gives it outsized influence on market indexes. Microsoft fell 1.2% and Broadcom finished 3.1% lower. Several personal computer makers also helped pull the market lower following their latest earnings reports. HP sank 11.4% after giving investors a weaker-than-expected earnings forecast for its current quarter. Dell slid 12.2% after its latest quarterly revenue fell short of Wall Street forecasts. Gains for financial and health care companies helped temper the market's losses. Berkshire Hathaway rose 0.9% and Merck & Co. added 1.5%. All told, the S&P 500 fell 22.89 points to 5,998.74, while the Dow dropped 138.25 points to 44,722.06. The Nasdaq fell 115.10 points to 19,060.48. Traders also had their eye on new reports on the economy and inflation Wednesday. The U.S. economy expanded at a healthy 2.8% annual pace from July through September, according to the Commerce Department, leaving its original estimate of third-quarter growth unchanged. The growth was driven by strong consumer spending and a surge in exports. The update followed a report on Tuesday from the Conference Board that said confidence among U.S. consumers improved in November, but not by as much as economists expected. Consumers have been driving economic growth, but the latest round of earnings reports from retailers shows a mixed and more cautious picture. Department store operator Nordstrom fell 8.1% after warning investors about a trend toward weakening sales that started in late October. Clothing retailer Urban Outfitters jumped 18.3% after beating analysts’ third-quarter financial forecasts. Weeks earlier, retail giant Target gave investors a discouraging forecast for the holiday season, while Walmart provided a more encouraging forecast. Consumers, though resilient, are still facing pressure from inflation. The latest update from the U.S. government shows that inflation accelerated last month. The personal consumption expenditures index, or PCE, rose to 2.3% in October from 2.1% in September. Overall, the rate of inflation has been falling broadly since it peaked more than two years ago. The PCE, which is the Federal Reserve's preferred measure of inflation, was just below 7.3% in June of 2022. Another measure of inflation, the consumer price index, peaked at 9.1% at the same time. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls to within range of the Fed's target of 2%. The central bank started raising its benchmark interest rate from near-zero in early 2022 to a two-decade high by the middle of 2023 and held it there in order to tame inflation. The Fed started cutting its benchmark interest rate in September, followed by a second cut in November. Wall Street expects a similar quarter-point cut at the central bank's upcoming meeting in December. “Today’s data shouldn’t change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management. "But a lot of observers, probably including some at the Fed, are looking for reasons to get more hawkish on the outlook given the potential for inflationary policy change like new tariffs.” President-elect Donald Trump has said he plans to impose sweeping new tariffs on Mexico, Canada and China when he takes office in January. That could shock the economy by raising prices on a wide range of goods and accelerating the rate of inflation. Such a shift could prompt the Fed to rethink future cuts to interest rates. Treasury yields slipped in the bond market. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Tuesday. The yield on the two-year Treasury, which more closely follows expected actions by the Fed, fell to 4.22% from 4.25% late Tuesday. U.S. markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday.Another potential obstacle for TikTok is regulatory scrutiny. As social commerce continues to grow, regulators may step in to address issues related to consumer privacy, data security, and fair competition. TikTok will need to navigate these regulatory challenges carefully to avoid potential backlash from consumers and lawmakers.
The repercussions of this scandal are far-reaching and will undoubtedly have a lasting impact on the world of football. The authorities have vowed to investigate the matter thoroughly and take appropriate action to prevent such incidents from occurring in the future. It serves as a stark reminder of the need for vigilance and transparency in preserving the integrity of the sport.
As healthcare consumers, it is important to be informed and proactive when seeking dental treatments like root canals. Researching different dental clinics, asking questions about the procedure and associated costs, and considering the reputation and expertise of the dentist can help individuals make well-informed decisions about their oral health care.NEW YORK (AP) — Having waited 63 years for an Ivy League football title, Columbia had to stand by for another 40 minutes. The Lions had beaten Cornell 17-9 but needed a Harvard loss against Yale to secure a share of first place on the season's final day. So Columbia players retreated to their locker room on a hill a few hundred feet from Wien Stadium to watch the game in Boston on TV as a few hundred fans remained and gazed at the gold-and-orange foliage of Inwood Hill Park glowing in Saturday's afternoon sun. When Yale recovered onside kick with seconds left to ensure a 34-29 Harvard defeat, players let out a scream and streamed back onto the field to celebrate, smoke cigars, lift a trophy and sing “Roar, Lion, Roar” with family and friends. Who would have thunk it? “You had the realization of, oh, I’m a champion, which is something that hasn’t been said here in a while,” co-captain CJ Brown said. Harvard dropped into a tie with Columbia and Dartmouth at 5-2, the first time three teams shared the title since 1982 — the conference doesn't use tiebreakers. “It was nerve-wracking, for sure, but definitely exciting because that's something that not a lot of people have experienced, especially here," running back Joey Giorgi said. There have been several top players at Columbia — Sid Luckman, Marty Domres, Marcellus Wiley among them — but the school is perhaps better known for owners such as the New England Patriots' Robert Kraft and former Cleveland Browns head Al Lerner. Columbia's only previous championship in 1961 also was shared with Harvard. That Lions team was coached by Buff Donelli, a former Pittsburgh Steelers and Cleveland Rams coach who scored for the Americans in soccer's 1934 World Cup. Columbia set a then Division I-AA record with 44 consecutive losses from 1983-88, a mark broken by Prairie View’s 80 in a row from 1989-98. Since 1971, the Lions’ only seasons with winning records until now were 1994, 1996, 2017, 2018, 2021 and 2022. Al Bagnoli, who won nine Ivy titles in 23 years at Penn, couldn't manage one at Columbia from 2015-22. He quit six weeks before the 2023 opener, citing health, and was replaced on an interim basis by Mark Fabish, his offensive coordinator. Jon Poppe, now 39, was hired last December after working as a Bagnoli assistant at Columbia from 2015-17 between stints at Harvard from 2011-14 and 2017-22, plus one season as a head coach at Division III Union College. He led the Lions to a 7-3 record overall, their most wins in a coach's first season since George F. Sanford's team went 9-3 in 1899. Poppe had wife Anna and 7-year-old daughter with him in the locker room watching the countdown to the title. “Sixty-three years of whatever into now,” he said. “Just seeing a lot of that history myself, personally. This is a hugely — a feeling of elation, seeing my dad on the field, a lot of emotional things with that.” Before a crowd of 4,224, quarterback Caleb Sanchez's 1-yard touchdown run put Columbia ahead in the second quarter. Giorgi's 1-yard TD run opened a 14-3 lead in the third and Hugo Merry added a 25-yard field goal in the fourth, overcoming three field goals by Alan Zhao. Giorgi rushed for 165 yards and finished his career with 2,112, second in school history. He and Brown missed what would have been their freshman season in 2020 because of the coronavirus pandemic. Given Columbia's athletic history — the most successful sport is fencing — it is not an obvious football destination. “I saw the dedication, whether it resulted in wins or losses,” Brown said. “I saw their dedication to the product that they put out on the field and also the athletic department, the facilities that we had here, the busses on schedule and stuff, I was like, OK, they care about their athletes. People here want to win and it doesn’t matter what’s happened in the past, it matters what we’re going to do now.” Poppe cited a mindset. “You get 10 opportunities, unlike other sports, it is a grind to play this sport and prepare the way we do just for 10,” he said. As the final whistle sounded in Boston, Brown noted an unusual initial reaction in the locker room. “It was like kind of awe when they recovered the kick,” he said. “It was a lot quieter than you would think it would be, but you could feel the joy and the elation.” They accomplished what more than six decades of their predecessors had failed to. As the players headed out, Poppe had a final word. “Day off tomorrow,” he said. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballIn conclusion, the recent developments involving Nvidia, BaiChuan Intelligence, and Xiaomi highlight the complex and dynamic nature of the tech industry in China. As these companies navigate regulatory challenges, internal controversies, and new market opportunities, the landscape of the industry continues to evolve, shaping the future of technology and innovation in the region.BIRMINGHAM, Mich. , Nov. 27, 2024 /PRNewswire/ -- OneStream, Inc. ("OneStream") OS announced today that in connection with the previously announced underwritten public offering of 15,000,000 shares of its Class A common stock, which closed on November 18, 2024 , the underwriters have exercised in full their option to purchase an additional 2,250,000 shares of Class A common stock at the public offering price of $31.00 per share, less underwriting discounts and commissions. Of the additional shares, 1,351,043 shares were sold by selling stockholders and 898,957 shares were sold by OneStream as part of a non-dilutive "synthetic secondary" transaction (the "Synthetic Secondary"). OneStream did not receive any proceeds from the sale of shares by the selling stockholders in the public offering. OneStream used all of the net proceeds to it from the public offering to purchase LLC units of OneStream Software LLC (and purchase and cancel an equal number of shares of Class C common stock) from KKR Dream Holdings LLC in the Synthetic Secondary, at a purchase price per unit equal to the public offering price per share of Class A common stock sold in the public offering, net of underwriting discounts and commissions. Accordingly, OneStream did not retain any proceeds from the public offering and, upon the closing of the public offering and the Synthetic Secondary, the total number of outstanding shares of common stock of OneStream and LLC units of OneStream Software LLC remained the same. Morgan Stanley, J.P. Morgan and KKR acted as lead book-running managers for the offering. Citigroup, BofA Securities and Guggenheim Securities acted as book-running managers and Mizuho, Raymond James , Scotiabank, Truist Securities, BTIG, Piper Sandler, TD Cowen and Wolfe | Nomura Alliance acted as additional book-running managers for the offering. Amerivet Securities, Blaylock Van , LLC, Cabrera Capital Markets LLC, Drexel Hamilton and Loop Capital Markets acted as co-managers for the offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on November 14, 2024 . The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from: Morgan Stanley & Co. LLC, Prospectus Department, 180 Varick Street, New York, New York 10014, or email: prospectus@morganstanley.com ; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com . This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About OneStream OneStream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve. With over 1,500 customers, including 15% of the Fortune 500, more than 250 go-to-market, implementation, and development partners and over 1,400 employees, our vision is to be the operating system for modern finance. Disclaimer "Wolfe | Nomura Alliance " is the marketing name used by Wolfe Research Securities and Nomura Securities International, Inc. in connection with certain equity capital markets activities conducted jointly by the firms. Both Nomura Securities International, Inc. and WR Securities, LLC are serving as underwriters in the offering described herein. In addition, WR Securities, LLC and certain of its affiliates may provide sales support services, investor feedback, investor education, and/or other independent equity research services in connection with this offering. Investor Relations Contacts INVESTOR CONTACT Anne Leschin VP, Investor Relations and Strategic Finance OneStream investors@onestreamsoftware.com MEDIA CONTACT Victoria Borges Media Relations Contact OneStream media@onestreamsoftware.com View original content: https://www.prnewswire.com/news-releases/onestream-announces-full-exercise-of-underwriters-option-to-purchase-additional-shares-in-secondary-offering-of-class-a-common-stock-302317890.html SOURCE OneStream, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NoneIn conclusion, the recent changes in Tencent Video's membership benefits and device restrictions highlight the evolving landscape of online streaming platforms and the challenges they face in balancing the demands of users and content creators. As the industry continues to evolve, it remains to be seen how platforms will adapt to meet the changing needs and expectations of their audiences.The performance tuning conducted by Yino is expected to optimize the gaming experience on the Honor GT, offering players a competitive edge and a seamless gaming experience. With Yino's insights and expertise, the device is set to deliver impressive performance, smooth gameplay, and enhanced graphics quality, making it a top choice for gamers looking for a flagship-level gaming smartphone.
LOS ANGELES (AP) — Londynn Jones scored 15 points, making all five of her 3-pointers, and fifth-ranked UCLA stunned No. 1 South Carolina 77-62 on Sunday, ending the Gamecocks’ overall 43-game winning streak and their run of 33 consecutive road victories. The Gamecocks (5-1) lost for the first time since April 2023, when Caitlin Clark and Iowa beat them in the NCAA Tournament national semifinals. Te-Hina Paopao scored 18 points and Tessa Johnson scored 14 for the Gamecocks, whose road winning streak was third-longest in Division I history. It was the first time UCLA took down a No. 1 team in school history, having been 0-20 in such games. The program’s previous best wins were over a couple of No. 2s — Oregon in 2019 and Stanford in 2008. Elina Aarnisalo added 13 points as one of five Bruins in double figures. UCLA (5-0) dominated from start to finish, with the Bruins’ suffocating defense preventing the Gamecocks from making any sustained scoring runs. Takeaways South Carolina: The Gamecocks trailed by double-digits at halftime for the first time since Dec. 21, 2021, against Stanford, according to ESPN. Chloe Kitts, who averages a team-leading 14 points, finished the game with 2 points on 1 of 7 shooting. UCLA: The Bruins led 43-22 at halftime. Eight different players scored and contributed to 11-0 and 7-0 runs in the first and second quarters as they shot 52% from the field. Key moment The first quarter set the tone for a game in which the Gamecocks never led. They missed their first nine shots and were 4 of 18 from the floor in the quarter. UCLA ran off 11 straight points to take a 20-10 lead into the second quarter. Key stats The Bruins dominated the boards, 41-34, and held the Gamecocks well under their scoring average of 80.2 points. Up next South Carolina travels to Florida to meet Iowa State in the Fort Myers Tipoff on Thanksgiving. UCLA travels to the Rainbow Wahine Showdown in Hawaii to play UT Martin on Friday. ___ Get poll alerts and updates on the AP Top 25 all season. Sign up here. AP college basketball: and