Jefferies

Achieve announces the close of $170.1M HELOC securitization

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木曜日, 5月 9, 2024

SAN MATEO, Calif., May 9, 2024 /PRNewswire/ -- Achieve, the leader in digital personal finance, announces the May 8 close of a AAA-rated securitization backed by $170.1 million in newly originated home equity lines of credit (HELOCs).

Key Points: 
  • SAN MATEO, Calif., May 9, 2024 /PRNewswire/ -- Achieve , the leader in digital personal finance, announces the May 8 close of a AAA-rated securitization backed by $170.1 million in newly originated home equity lines of credit (HELOCs).
  • The securitization, ACHM Trust 2024-HE1, consists of three classes of rated notes and two classes of unrated notes backed by 3,066 HELOCs originated by Achieve Home Loans.
  • The deal is the fourth successful securitization of HELOCs originated by Achieve.
  • Since Achieve Home Loans launched in 2019, HELOC borrowers have saved an average of over $650 per month compared to their previous unsecured debt payments.

Skyward Specialty Announces Pricing of Its Secondary Offering of Its Common Stock

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火曜日, 5月 7, 2024

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at $36.50.

Key Points: 
  • HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at $36.50.
  • In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of Skyward Specialty's common stock.
  • The Selling Stockholder will hold 4.80% and 6.45% in Skyward Specialty, assuming full and no exercise of the underwriters’ option to purchase the additional shares, respectively.
  • Barclays, Keefe, Bruyette & Woods, Inc., A Stifel Company, and Jefferies are acting as joint lead book-running managers for the proposed offering.

Skyward Specialty Announces Secondary Offering of Its Common Stock

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月曜日, 5月 6, 2024

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced that The Westaim Corporation (“Westaim”), through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) is offering 4,400,000 shares of the Company’s common stock in an underwritten secondary public offering.

Key Points: 
  • HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced that The Westaim Corporation (“Westaim”), through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) is offering 4,400,000 shares of the Company’s common stock in an underwritten secondary public offering.
  • In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of Skyward Specialty's common stock.
  • The Selling Stockholder will be a 4.80% and 6.45% shareholder in Skyward Specialty, assuming full and no exercise of the underwriters’ option to purchase the additional shares, respectively.
  • Skyward Specialty will not receive any of the proceeds from the sale of the shares of its common stock offered by the Selling Stockholder, and the Selling Stockholder will bear the underwriting discounts and commissions associated with the sale of such shares.

aTyr Pharma to Present at Upcoming Investor Conferences

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月曜日, 5月 6, 2024

In addition to the presentations, company management will be available to participate in one-on-one meetings with investors who are registered attendees of the RBC and Jefferies conferences.

Key Points: 
  • In addition to the presentations, company management will be available to participate in one-on-one meetings with investors who are registered attendees of the RBC and Jefferies conferences.
  • A webcast of the RBC and Jefferies events will be available on the Investor’s section of the company’s website at www.atyrpharma.com .
  • Following the events, a replay of the RBC and Jefferies presentations will be available on the aTyr website for at least 90 days.
  • aTyr is a clinical stage biotechnology company leveraging evolutionary intelligence to translate tRNA synthetase biology into new therapies for fibrosis and inflammation.

Audax Private Equity Portfolio Company FDH Aero Completes Minority Recapitalization

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木曜日, 5月 9, 2024

Audax Private Equity (“Audax”), a capital partner for middle and lower middle market companies that seeks to facilitate transformational growth, announced today a recapitalization of portfolio company FDH Aero (“FDH”).

Key Points: 
  • Audax Private Equity (“Audax”), a capital partner for middle and lower middle market companies that seeks to facilitate transformational growth, announced today a recapitalization of portfolio company FDH Aero (“FDH”).
  • The equity investment from NB will allow FDH to continue investing across organic and inorganic initiatives, while allowing Audax to remain the control investor.
  • “We are pleased to welcome Neuberger Berman as partners to support the next chapter of FDH Aero's extraordinary evolution,” noted David Wong, Partner, Audax Private Equity.
  • Kirkland & Ellis served as legal advisor to Audax Private Equity, while Latham & Watkins served in the same capacity to NB Capital Solutions.

Silvaco Announces Pricing of Initial Public Offering

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木曜日, 5月 9, 2024

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and AI through software and innovation, today announced the pricing of its initial public offering of 6,000,000 shares of its common stock at a public offering price of $19.00 per share.

Key Points: 
  • Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and AI through software and innovation, today announced the pricing of its initial public offering of 6,000,000 shares of its common stock at a public offering price of $19.00 per share.
  • The aggregate gross proceeds to Silvaco from the offering are expected to be $114.0 million before deducting underwriting discounts and commissions and other offering expenses payable by Silvaco.
  • In addition, Silvaco has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Silvaco’s common stock from Silvaco at the public offering price, less underwriting discounts and commissions.
  • Needham & Company is acting as lead manager and Craig-Hallum Capital Group and Rosenblatt are acting as co-managers for the offering.

Legion Secures $50M Growth Investment Led by Riverwood Capital To Accelerate Market Growth and Drive Global Hourly Workforce Innovation

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火曜日, 5月 7, 2024

Legion Technologies , an innovator in workforce management (WFM), today announced a $50 million growth round led by Riverwood Capital with strategic participation from existing investors, including Norwest, Stripes, Webb Investment Network, and XYZ.

Key Points: 
  • Legion Technologies , an innovator in workforce management (WFM), today announced a $50 million growth round led by Riverwood Capital with strategic participation from existing investors, including Norwest, Stripes, Webb Investment Network, and XYZ.
  • The global workforce management market is expected to reach $15.7 billion by 2031, indicating an increasing focus on workforce efficiency and engagement.
  • “Legion was founded to turn hourly jobs into good jobs by simultaneously streamlining labor operations and improving the employee experience.
  • For more information about how Legion Technologies continues to innovate hourly workforce management, visit https://legion.co .

HONEYWELL ANNOUNCES PARTICIPATION AT UPCOMING INVESTOR CONFERENCES

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水曜日, 5月 8, 2024

CHARLOTTE, N.C., May 8, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced its participation at upcoming investor conferences in May.

Key Points: 
  • CHARLOTTE, N.C., May 8, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced its participation at upcoming investor conferences in May.
  • Honeywell is an integrated operating company serving a broad range of industries and geographies around the world.
  • Our business is aligned with three powerful megatrends – automation, the future of aviation, and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Connected Enterprise integrated software platform.
  • Honeywell uses our Investor Relations website, www.honeywell.com/investor , as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD.

Montana Technologies Corp. Expands Management Team with Key Appointments

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火曜日, 5月 7, 2024

RONAN, Mont., May 7, 2024 /PRNewswire/ -- Montana Technologies Corp. (NASDAQ: AIRJ) ("Montana"), the developer of AirJoule®, a transformational atmospheric thermal energy and water harvesting technology, announced today that it has appointed the following financial and legal executives to its management team:

Key Points: 
  • The management team will also include Pat Eilers, the Chairman of Montana's Board of Directors, who has been named Montana's Executive Chairman.
  • Pat Eilers, Executive Chairman, said, "Adding a strong management team to our outstanding technology team is key to accomplishing the ambitious and important work that lies ahead for Montana.
  • Montana also announced today that members of its management team will ring the Nasdaq Opening Bell on Wednesday, May 22nd.
  • Prior to joining Talara Capital Management, Mr. Gutke served as a Director of Denham Capital Management and a Manager at both J.M.

Games Global Announces Launch of IPO

Retrieved on: 
木曜日, 5月 2, 2024

Games Global Limited (“Games Global”), a leading developer, distributor and marketer of innovative online, casino-style gaming (“iGaming”) content and integrated business-to-business solutions to iGaming operators, announced today that it has launched the roadshow for its initial public offering (“IPO”) of 14,500,000 ordinary shares.

Key Points: 
  • Games Global Limited (“Games Global”), a leading developer, distributor and marketer of innovative online, casino-style gaming (“iGaming”) content and integrated business-to-business solutions to iGaming operators, announced today that it has launched the roadshow for its initial public offering (“IPO”) of 14,500,000 ordinary shares.
  • The offering consists of 6,000,000 ordinary shares offered by Games Global and 8,500,000 ordinary shares to be sold by Games Global’s existing shareholder (the “Selling Shareholder”).
  • Games Global will not receive any proceeds from the sale of the shares by the Selling Shareholder.
  • Games Global has applied to list its ordinary shares on the New York Stock Exchange under the symbol "GGL".