Venable LLP

Sila Realty Trust, Inc. Begins Trading on the New York Stock Exchange

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목요일, 6월 13, 2024

“Becoming a publicly traded company listed on the New York Stock Exchange marks a great milestone for Sila Realty Trust,” stated Michael A. Seton, President and Chief Executive Officer of the Company.

Key Points: 
  • “Becoming a publicly traded company listed on the New York Stock Exchange marks a great milestone for Sila Realty Trust,” stated Michael A. Seton, President and Chief Executive Officer of the Company.
  • Sila enters the public markets as the only net lease REIT focused solely on high-demand healthcare properties.
  • Sila focuses on properties in markets across the U.S. where favorable demographics, strong economies and healthcare demand are growing rapidly.
  • As a net lease REIT, Sila has longer lease terms with a weighted average remaining lease term of 8.4 years.

Chimera Investment Corporation Announces Closing of Public Offering of $65 Million Senior Notes

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수요일, 5월 22, 2024

Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $65 million aggregate principal amount of its 9.000% senior notes due 2029 (the “Notes”).

Key Points: 
  • Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $65 million aggregate principal amount of its 9.000% senior notes due 2029 (the “Notes”).
  • Following pricing, the Notes received an investment grade rating of BBB from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
  • “Chimera is pleased to announce the closing of the Notes offering,” said Phillip J. Kardis, Chimera’s President and CEO.
  • “This offering diversifies our capital structure and allows us to continue acquiring high yielding assets which we believe will benefit our shareholders over the long term.

AG Mortgage Investment Trust, Inc. Announces Closing of Public Offering of $65 Million Senior Notes

Retrieved on: 
수요일, 5월 15, 2024

AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $65 million aggregate principal amount of its 9.500% senior notes due 2029 (the “Notes”).

Key Points: 
  • AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $65 million aggregate principal amount of its 9.500% senior notes due 2029 (the “Notes”).
  • The Company has applied to list the Notes on the New York Stock Exchange under the symbol “MITP” and expects trading in the Notes on the New York Stock Exchange to begin on May 20, 2024.
  • “We are extremely pleased to complete this successful follow-on bond offering, which along with our $34.5 million bond offering in January, effectively puts the legacy WMC convertible note maturity in the rear-view mirror,” said TJ Durkin, Chief Executive Officer and President.
  • Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to the joint book-running managers.

ZeroFox to be Acquired by Haveli

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화요일, 2월 6, 2024

WASHINGTON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- ZeroFox Holdings, Inc. (Nasdaq: ZFOX) (“ZeroFox”), a leading provider of external cybersecurity, today announced that it has entered into a definitive agreement to be acquired by Haveli Investments, a technology-focused private equity firm, in an all-cash transaction with an enterprise value of approximately $350 million.

Key Points: 
  • Under the terms of the merger agreement, ZeroFox stockholders will receive $1.14 per share in cash upon completion of the transaction.
  • With a large and expanding customer base, and consistent growth, ZeroFox is well positioned in an important and expanding category.
  • Piper Sandler is serving as the lead financial advisor to ZeroFox and Stifel served as an additional financial advisor.
  • BTIG and Evercore are serving as financial advisors for Haveli Investments, and BTIG is serving as structuring advisor on debt financing to Haveli Investments.

Charles Conner III Tapped to Lead Government Affairs for MedStar Health

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월요일, 2월 5, 2024

COLUMBIA, Md., Feb. 5, 2024 /PRNewswire/ -- Charles R. Conner III has joined MedStar Health as the new vice president of Government Affairs.

Key Points: 
  • COLUMBIA, Md., Feb. 5, 2024 /PRNewswire/ -- Charles R. Conner III has joined MedStar Health as the new vice president of Government Affairs.
  • Conner comes to MedStar Health from the law firm Venable LLP where he was a member of the state and local government practice.
  • "Chuck is smart, thoughtful, humble and engaging," said Kenneth A. Samet , president, and CEO of MedStar Health.
  • Conner will also serve as a member of the MedStar Health Leadership Team.

A Decade of Defining Moments

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화요일, 1월 2, 2024

With the theme of "Cultivating Change: A Decade of Defining Moments for People and the Planet," the conference will commence with a stellar 10th Anniversary Celebration, marking a major milestone in the organization's journey.

Key Points: 
  • With the theme of "Cultivating Change: A Decade of Defining Moments for People and the Planet," the conference will commence with a stellar 10th Anniversary Celebration, marking a major milestone in the organization's journey.
  • "In commemorating a decade of defining moments, we are looking forward to reflecting and celebrating what we have achieved through our vitamin D consumer awareness initiatives and our advocacy for transparency and consumer choice, particularly on platforms like Amazon," said Karen Howard , CEO and executive director of O&N Health.
  • The Organic & Natural Health Association is a necessity in this sector, and has left an indelible mark.
  • We are on fire, we are here to stay, and we will continue to shape and influence the cosmic landscape of our industry."

Eleventh Annual MedtechVISION Conference to Focus on Driving Health Equity

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수요일, 9월 6, 2023

MedtechWOMEN today announced its eleventh annual MedtechVISION Conference, developed by and for women at the forefront of the medtech industry, will be held on Tuesday, September 12, 2023 at the Rosewood Sand Hill in Menlo Park, Calif. and streaming online.

Key Points: 
  • MedtechWOMEN today announced its eleventh annual MedtechVISION Conference, developed by and for women at the forefront of the medtech industry, will be held on Tuesday, September 12, 2023 at the Rosewood Sand Hill in Menlo Park, Calif. and streaming online.
  • MedtechVISION 2023 will be centered around the theme of “Driving Health Equity,” featuring experts from across the industry for a day of networking, learning and collaboration.
  • Hafeezah Muhammad, CEO of Backpack Healthcare, will discuss leveraging technology to address critical societal issues as the patient keynote speaker.
  • This year’s conference is also supported by partner organizations Life Science Intelligence, MedTech Color, MedTech Innovator, Bolster, DeviceTalks, and Diversity by Doing.

Hersha Hospitality Trust to be Acquired by KSL Capital Partners

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월요일, 8월 28, 2023

PHILADELPHIA and DENVER, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, and KSL Capital Partners, LLC (“KSL”), a leading investor in travel and leisure businesses, today announced a definitive merger agreement, entered into on August 27, 2023, under which affiliates of KSL will acquire all of the outstanding common shares of Hersha for $10.00 per share in an all-cash transaction valued at approximately $1.4 billion. The purchase price represents a premium of approximately 60% over Hersha’s closing share price on August 25, 2023, the last full trading day prior to this announcement.

Key Points: 
  • The purchase price represents a premium of approximately 60% over Hersha’s closing share price on August 25, 2023, the last full trading day prior to this announcement.
  • Mr. Jay H. Shah, Hersha’s Executive Chairman, stated: “This transaction provides our shareholders with immediate and certain value at a substantial premium to our public valuation.
  • Wells Fargo and Citigroup are serving as financial advisors and Simpson Thacher & Bartlett LLP and Miles and Stockbridge P.C.
  • Additionally, Wells Fargo and Citigroup provided a debt financing commitment to KSL in connection with the transaction.

Wolters Kluwer to showcase innovative legal tech solutions at American Association of Law Libraries Conference

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목요일, 7월 13, 2023

NEW YORK, July 13, 2023 /PRNewswire/ -- Wolters Kluwer Legal & Regulatory U.S. will showcase a diverse portfolio of new and recently enhanced solutions for legal professionals at the 2023 American Association of Law Libraries (AALL) Annual Meeting and Conference, taking place in Boston, MA from July 15-18. Ken Crutchfield, Vice President & General Manager of Legal Markets for Wolters Kluwer Legal & Regulatory U.S., will moderate a panel titled "Exploring the Opportunities and Risks of ChatGPT in the Legal Industry" during the conference.

Key Points: 
  • NEW YORK, July 13, 2023 /PRNewswire/ -- Wolters Kluwer Legal & Regulatory U.S. will showcase a diverse portfolio of new and recently enhanced solutions for legal professionals at the 2023 American Association of Law Libraries (AALL) Annual Meeting and Conference , taking place in Boston, MA from July 15-18.
  • Ken Crutchfield, Vice President & General Manager of Legal Markets for Wolters Kluwer Legal & Regulatory U.S., will moderate a panel titled "Exploring the Opportunities and Risks of ChatGPT in the Legal Industry" during the conference.
  • Powered by Wolters Kluwer's wide range of world-class regulatory analysis, the new and enhanced innovative solutions enable customers to bring profound impact to their organizations and clients.
  • Attendees can demo all of these solutions and more by visiting the Wolters Kluwer team at Booth #721.

Digital Advertising Alliance Releases Best Practices Around Privacy for Billions of IOT Connected Devices

Retrieved on: 
목요일, 6월 15, 2023

WASHINGTON, June 15, 2023 /PRNewswire/ -- The Digital Advertising Alliance (DAA) today released new DAA Best Practices to help companies understand how the DAA Principles of its privacy self-regulatory program should be applied to billions of Internet of Things (IoT) connected devices, ranging from smart appliances to connected TVs, smartwatches, speakers, fitness sensors, and other connected devices.

Key Points: 
  • WASHINGTON, June 15, 2023 /PRNewswire/ -- The Digital Advertising Alliance (DAA) today released new DAA Best Practices to help companies understand how the DAA Principles of its privacy self-regulatory program should be applied to billions of Internet of Things (IoT) connected devices, ranging from smart appliances to connected TVs, smartwatches, speakers, fitness sensors, and other connected devices.
  • "The release of the DAA Best Practices will kick off a creative ad specification process, so we can help consumers access privacy information and controls for connected devices through intuitive notices and consolidated user interfaces."
  • (Connected Device Data is data collected from or through a connected device about the use of a digital property or service by that device.)
  • According to Iot Analytics , there are approximately 14.4 billion IoT connected devices in use worldwide in 2022, and that number will nearly double to 27 billion devices by 2025.