SMG

ScottsMiracle-Gro Poised to Advance Cannabis Strategy in New York, Florida and other states

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목요일, 5월 30, 2024

“The combination of these two companies is a transformative step in the strategy we initiated in 2021 when we first invested in RIV Capital,” said Jim Hagedorn, chairman, CEO and president of ScottsMiracle-Gro.

Key Points: 
  • “The combination of these two companies is a transformative step in the strategy we initiated in 2021 when we first invested in RIV Capital,” said Jim Hagedorn, chairman, CEO and president of ScottsMiracle-Gro.
  • “Despite delays with adult-use implementation in New York, RIV Capital has become a legitimate player in the state’s medical and recreational cannabis market.
  • Cansortium, meanwhile, is a proven operator with licenses in Florida, Texas, Pennsylvania and Alabama.
  • Through its subsidiary, The Hawthorne Collective, ScottsMiracle-Gro previously invested $175 million in unsecured convertible notes in RIV Capital.

ALX Resources Corp. Announces Definitive Option Agreement with Trinex Minerals for the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

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수요일, 5월 8, 2024

In addition, Trinex Minerals Limited, the parent company of Trinex Canada, has issued 68,743,011 fully paid ordinary shares to ALX representing a value of CAD$250,000 (the "Shares").

Key Points: 
  • In addition, Trinex Minerals Limited, the parent company of Trinex Canada, has issued 68,743,011 fully paid ordinary shares to ALX representing a value of CAD$250,000 (the "Shares").
  • Trinex Canada may withdraw from the Initial Option Interest or Second Option Interest at any time.
  • If Trinex Canada withdraws prior to earning the 51% Project interest, then it will not acquire any interest in the Project.
  • Under the terms of the Definitive Agreement, Trinex Canada will assume operatorship of exploration at Gibbons Creek and will reimburse ALX for the costs of the 2024 program, which totalled approximately CAD$500,000.

Sundial Media Group Extends Its Reach, Further Diversifying the Media Landscape

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목요일, 4월 18, 2024

Today, Sundial Media Group LLC (SMG), a division of The Sundial Group of Companies led by Executive Chair Richelieu Dennis, announces the acquisition of Refinery29, a creative digital media and entertainment platform with a multigenerational focus on women.

Key Points: 
  • Today, Sundial Media Group LLC (SMG), a division of The Sundial Group of Companies led by Executive Chair Richelieu Dennis, announces the acquisition of Refinery29, a creative digital media and entertainment platform with a multigenerational focus on women.
  • With the acquisition of Refinery29, SMG extends its mission of creating opportunities, products and services that connect communities through content, culture and commerce.
  • “We’re very excited about the expansive ecosystem we're building at Sundial Media Group.
  • Refinery29 will operate as a standalone business within Sundial Media Group.

Spring Venture Group Doubles Down on Customer Experience

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수요일, 4월 10, 2024

Spring Venture Group (SVG), a leading Medicare insurance brokerage, has doubled down on its commitment to improving the Customer Experience (CX) by appointing Sarah Sampson as the organization's first-ever Chief Experience Officer (CXO).

Key Points: 
  • Spring Venture Group (SVG), a leading Medicare insurance brokerage, has doubled down on its commitment to improving the Customer Experience (CX) by appointing Sarah Sampson as the organization's first-ever Chief Experience Officer (CXO).
  • Along with serving as a key member of Spring Venture Group’s executive team, Sarah will oversee the Customer Experience department which includes Brand Marketing, Customer Experience, Customer Success, Agency Operations, and the newly created Member Services team.
  • “Sarah has fostered a customer-centric culture throughout the organization,” said Kim Hlobik, Chief Operating Officer at Spring Venture Group.
  • Prior to joining Spring Venture Group, she served as the Senior Director of customer Insights at SMG, a leading experience management consulting firm.

SMG Holdings LLC Introduces SMG HVAC, Elevating HVAC Solutions for Multi-Site Retailers Across North America

Retrieved on: 
화요일, 4월 2, 2024

RED BANK, N.J., April 2, 2024 /PRNewswire/ -- SMG Holdings LLC, a pioneering provider of integrated facility management solutions, proudly announces the launch of SMG HVAC, a specialized division dedicated to serving the HVAC needs of multi-site retailers across North America.

Key Points: 
  • RED BANK, N.J., April 2, 2024 /PRNewswire/ -- SMG Holdings LLC, a pioneering provider of integrated facility management solutions, proudly announces the launch of SMG HVAC, a specialized division dedicated to serving the HVAC needs of multi-site retailers across North America.
  • Shannon Prato, CEO of SMG Holdings LLC, remarked, "The establishment of SMG HVAC marks a significant milestone in our journey.
  • SMG HVAC is poised to deliver exceptional HVAC solutions that precisely address the unique challenges faced by multi-site retailers."
  • Jason Menser, Executive Vice President of SMG, expressed, "Our ambition is to emerge as the preferred HVAC partner for multi-site retailers across North America.

EQS-News: Larissa Esser Assumes Role as Managing Director at IPO sponsor SMG Holding

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수요일, 3월 13, 2024

Luxembourg, March 5, 2024 – SMG Holding, an IPO sponsor and investor focussed on the European medium-sized business sector, is pleased to announce the appointment of Larissa Esser to a new key role within the organization.

Key Points: 
  • Luxembourg, March 5, 2024 – SMG Holding, an IPO sponsor and investor focussed on the European medium-sized business sector, is pleased to announce the appointment of Larissa Esser to a new key role within the organization.
  • Larissa Esser’s main focus will be on the hospitality and real estate strategy, where she brings a wealth of experience, network and a proven track record of success to her new position, making her a valuable addition to the SMG Holding team.
  • Dr. Stefan Petrikovics, CEO of SMG Holding, comments: “With Larissa’s background in hospitality, real estate investment banking and property brokerage worldwide with firms including Eastdil Secured, JLL and NH Hotels, she is well-equipped to drive SMG Holding's strategic priorities forward.
  • "I am beyond excited to take on this new challenge and contribute to the accelerated growth of SMG Holding," said Larissa Esser.

SMG Industries Inc. Announces Voluntary SEC Deregistration

Retrieved on: 
금요일, 3월 8, 2024

By eliminating the Company’s Exchange Act reporting obligations, SMG aims to streamline its financial operations, reporting obligations, reducing administrative costs, and allowing the business to focus on core business activities.

Key Points: 
  • By eliminating the Company’s Exchange Act reporting obligations, SMG aims to streamline its financial operations, reporting obligations, reducing administrative costs, and allowing the business to focus on core business activities.
  • The Company believes this decision will allow the back office to operate more efficiently and allocate resources more effectively.
  • On or about March 15, 2024, the Company intends to file a Form 15 with the Securities and Exchange Commission (the “SEC”) to voluntarily effect the deregistration of its common stock.
  • The Company expects the deregistration to become effective 90 days after filing the Form 15 with the SEC.

Core Specialty Announces Transfer of Specialty Markets Group from American National Group

Retrieved on: 
금요일, 3월 1, 2024

Will operate as 16th specialty business unit within Core Specialty’s Bond, Credit & Guarantee subsegment

Key Points: 
  • Will operate as 16th specialty business unit within Core Specialty’s Bond, Credit & Guarantee subsegment
    CINCINNATI, March 01, 2024 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. (“Core Specialty”) announced today that Core Specialty and its subsidiaries have entered into a series of transactions with American National Group (“American National”) for the transfer of American National’s Specialty Markets Group to Core Specialty.
  • American National’s Specialty Markets Group (SMG) is recognized as one of the leading writers of credit-related insurance products in the United States.
  • Under a Prospective Quota Share Reinsurance Agreement, American National will cede, and Core Specialty will reinsure, 100% of the SMG business (net of applicable reinsurance) commencing January 1, 2024 until such time that necessary Core Specialty product filings have been approved and Core Specialty is writing SMG new and renewal business.
  • I would like to welcome our new Specialty Markets Group colleagues to Core Specialty.”
    Core Specialty and American National were advised by Mayer Brown and Skadden, Arps, Slate, Meagher & Flom LLP, respectively.

Trive-backed Kittyhawk Acquires Stack HIP from Stack Metallurgical Group

Retrieved on: 
목요일, 3월 7, 2024

GARDEN GROVE, Calif. and DALLAS, March 7, 2024 /PRNewswire/ -- Kittyhawk, Inc. ("Kittyhawk" or the "Company"), backed by the Dallas-based private equity firm Trive Capital ("Trive"), is pleased to announce that it has acquired Stack HIP, LLC ("Stack HIP") from Stack Metallurgical Group ("SMG").

Key Points: 
  • GARDEN GROVE, Calif. and DALLAS, March 7, 2024 /PRNewswire/ -- Kittyhawk, Inc. ("Kittyhawk" or the "Company"), backed by the Dallas-based private equity firm Trive Capital ("Trive"), is pleased to announce that it has acquired Stack HIP, LLC ("Stack HIP") from Stack Metallurgical Group ("SMG").
  • Operating from its facility in Albany, OR, Stack HIP is a market leader of HIP services to aerospace, defense, and medical customers.
  • Stack HIP possesses the largest high-pressure HIP vessels in North America, enabling the processing of the biggest and most complex castings and additively manufactured metallic parts.
  • "We're excited to welcome Stack HIP customers, employees, and suppliers into the Kittyhawk family," said Brandon Creason, President of Kittyhawk.

EQS-News: SMG Holding takes European lifestyle group Sircle Hospitality Group public - Listing planned for the second quarter of 2024

Retrieved on: 
금요일, 2월 16, 2024

Luxembourg/Amsterdam, February 16, 2024 – SMG Holding, an IPO sponsor and investor focused on the European medium-sized business sector, announces the listing of Sircle Hospitality Group, a European lifestyle hospitality group ("Sircle Hospitality Group").

Key Points: 
  • Luxembourg/Amsterdam, February 16, 2024 – SMG Holding, an IPO sponsor and investor focused on the European medium-sized business sector, announces the listing of Sircle Hospitality Group, a European lifestyle hospitality group ("Sircle Hospitality Group").
  • The listing of Sircle Hospitality Group on the regulated market of the Frankfurt Stock Exchange (General Standard) is planned for the second quarter of 2024.
  • A business merger agreement has been signed between Sircle Hospitality Group and the already listed SMG European Recovery, a subsidiary of SMG Holding.
  • The listing of Sircle Hospitality Group is already the second listing initiated by SMG Holding for 2024.