RE:RE:that is a odd pr These deals are actually quite common. The 'overnight' term replaces 'bought deal' because a prospectus has already been filed, ergo the placement can close immediately.
Size and price now are a matter of negotiation between the syndicate and the company.
eg- " we'll take this much if we get this price".
Beacon may want listable warrants again...might be an easier sell for placement but I think not in best interest of company unless accelerator built in.