Commander, U.S. Pacific Fleet

CUBEBIO Co., Ltd. entered into terms relating to a potential business combination with Mountain Crest Acquisition Corp. V

Retrieved on: 
목요일, 5월 2, 2024

Mountain Crest V is the fifth vehicle in the Mountain Crest family of SPACs, the management of which has successfully completed four prior SPAC business combinations.

Key Points: 
  • Mountain Crest V is the fifth vehicle in the Mountain Crest family of SPACs, the management of which has successfully completed four prior SPAC business combinations.
  • Based on the non-binding term sheet, the pre-transaction equity value of CUBEBIO for the proposed business combination is $620 million, subject to adjustment depending on additional due diligence by Mountain Crest V and market conditions.
  • Dr. Suying Liu, Chairman, CEO and CFO of Mountain Crest V commented, “CUBEBIO‘s innovative diagnostic technology for cancer detection and active commercialization with contract in place point to significant growth potential.
  • We are excited to be partnering with CUBEBIO on this proposed business combination.”
    Eun-jong Choi, CEO of CUBEBIO emphasized, "We expect to execute a definitive merger agreement with Mountain Crest V, faithfully carry out the process for completing the business combination, and grow CUBEBIO into a global company by increasing corporate value."

TriSalus Reports Q4 and Full Year 2023 Financial Results and Business Update

Retrieved on: 
월요일, 4월 1, 2024

TriSalus Life Sciences Inc., (Nasdaq: TLSI), today announced its financial results for the fourth quarter and full year ended December 31, 2023, and provided a business update.

Key Points: 
  • TriSalus Life Sciences Inc., (Nasdaq: TLSI), today announced its financial results for the fourth quarter and full year ended December 31, 2023, and provided a business update.
  • This new code, HCPCS 9797, has been assigned to the Ambulatory Payment Classification (APC) 5194 – Level 4 Endovascular Procedures.
  • The Company is working diligently to evaluate the materiality of the errors to determine whether any corrections for the third quarter financial results are required and to complete the Company’s year-end 2023 financial statements.
  • Operating losses were $14.1 million and $54.2 million, respectively, for the fourth quarter and full year ended December 31, 2023.

Lavoro Reports Fiscal First Quarter 2024 Earnings Results

Retrieved on: 
수요일, 1월 24, 2024

On November 30, 2023, Lavoro successfully completed the acquisition of Coram Comércio e Representações Agrícolas.

Key Points: 
  • On November 30, 2023, Lavoro successfully completed the acquisition of Coram Comércio e Representações Agrícolas.
  • Lavoro has taken a significant step towards enhancing its capital structure by securing a new multi-year R$420 million (US$86 million) credit facility with a four-year term.
  • In light of a more challenging market environment than initially anticipated, Lavoro has updated its FY2024 guidance.
  • SÃO PAULO, Brazil, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (Nasdaq: LVRO; LVROW), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, today announced its financial results for the fiscal first quarter 2024, ended on September 30, 2023.

Cohen & Company Capital Markets Continues Strong Momentum, Appoints Gary Quin Senior Advisor, EMEA Investment Banking to Expand Global Reach

Retrieved on: 
월요일, 10월 30, 2023

MENLO PARK, Calif. and NEW YORK, Oct. 30, 2023 /PRNewswire/ -- Cohen & Company Capital Markets ("CCM") is pleased to announce the appointment of Gary Quin as Senior Advisor, who will lead CCM's efforts in Europe, the Middle East, and Africa (EMEA).  

Key Points: 
  • Gary brings a wealth of expertise to CCM, including over 25 years of investment banking, operating, and investing experience.
  • Gary previously served as the CEO of North Atlantic Acquisition Corp (NAAC), a Nasdaq-listed SPAC with a primary focus on European acquisition opportunities.
  • Prior to NAAC, he served as Vice Chairman of Credit Suisse's investment banking division in Europe, advising corporations, governments and governmental organizations, financial sponsors and family offices on M&A and capital raising.
  • During his tenure at Credit Suisse, Gary successfully raised $66 billion in both private and public markets.

Portage Fintech Acquisition Corporation Announces Name Change to Perception Capital Corp. III

Retrieved on: 
금요일, 10월 13, 2023

MINNEAPOLIS, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Portage Fintech Acquisition Corporation (the “Company”), today announced a corporate name change to Perception Capital Corp. III, to better reflect Perception Capital Partners III-A LLC as the Company’s new managing sponsor.

Key Points: 
  • MINNEAPOLIS, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Portage Fintech Acquisition Corporation (the “Company”), today announced a corporate name change to Perception Capital Corp. III, to better reflect Perception Capital Partners III-A LLC as the Company’s new managing sponsor.
  • Perception Capital Partners III-A LLC is affiliated with Perception Capital Partners, a private and public investment firm and serial sponsor of special purpose acquisition companies (SPACs).
  • The Company’s ordinary shares will continue to trade on The Nasdaq Capital Market under its ticker symbols: PFTA, PFTAW and PFTAU.
  • “We are very pleased with this outcome,” said Rick Gaenzle, the Company’s new Chief Executive Officer.

Pinstripes Expands Senior Leadership Team, Hires Chief Financial Officer and Chief Marketing Officer in Advance of Public Listing

Retrieved on: 
수요일, 9월 27, 2023

“We’re very excited to welcome both Tony and Shannon to the Pinstripes team at this exciting time in our history,” said Schwartz.

Key Points: 
  • “We’re very excited to welcome both Tony and Shannon to the Pinstripes team at this exciting time in our history,” said Schwartz.
  • Prior to Columbus Industries, he was President of Purafil Inc. and before that Group CFO of Filtration Group’s Indoor Air Quality businesses.
  • She offers a depth of knowledge across all areas of marketing including branding, communications, digital, advertising and public relations.
  • From 2015-2022, Keller served as Chief Marketing Officer of True Food Kitchen, an award-winning restaurant brand renowned for pioneering full-service healthy dining.

Winston & Strawn Adds Capital Markets Partner Keerthika Subramanian in Chicago

Retrieved on: 
월요일, 7월 10, 2023

CHICAGO, July 10, 2023 /PRNewswire/ -- Winston & Strawn LLP today announced that Keerthika Subramanian has joined the firm's Chicago office as a partner in the Transactions Department and as a member of the Capital Markets Practice.

Key Points: 
  • CHICAGO, July 10, 2023 /PRNewswire/ -- Winston & Strawn LLP today announced that Keerthika Subramanian has joined the firm's Chicago office as a partner in the Transactions Department and as a member of the Capital Markets Practice.
  • Keerthika focuses her practice on capital markets and has managed numerous complex matters for a broad array of public and private companies.
  • "Keerthika has a keen understanding of this fact, and her proven experience will enable our clients to pursue investments that sustain the vibrancy of our capital markets."
  • "Keerthika is a welcome addition to the Chicago office and to the firm's transactions team," said Winston Chairman Tom Fitzgerald.

BRP Group and Nasdaq’s Second Annual Directors and Officers (D&O) Benchmarking Report Reveals Significant Decrease in Rates Year over Year

Retrieved on: 
수요일, 4월 19, 2023

More than 350 public companies participated in this year’s survey, conducted in collaboration with Nasdaq, Inc. (“Nasdaq”).

Key Points: 
  • More than 350 public companies participated in this year’s survey, conducted in collaboration with Nasdaq, Inc. (“Nasdaq”).
  • In fact, the Nasdaq-listed public companies that were surveyed, on average, saw their primary D&O insurance layer decrease by 20 percent in 2022.
  • One finding of note was that even in this environment of rate decreases, companies are opting for lower coverage amounts.
  • For a copy of the executive summary and information about obtaining the full report, please click here .

MemComputing Selected to Join 2023 NSIN Propel Hawaii Accelerator

Retrieved on: 
화요일, 3월 7, 2023

SAN DIEGO, March 7, 2023 /PRNewswire/ -- MemComputing, Inc., developer of disruptive high-performance computing technology, announced it has been selected as one of 12 startups nationwide to join the National Security Innovation Network (NSIN) Propel Hawaii Accelerator.

Key Points: 
  • SAN DIEGO, March 7, 2023 /PRNewswire/ -- MemComputing, Inc., developer of disruptive high-performance computing technology, announced it has been selected as one of 12 startups nationwide to join the National Security Innovation Network (NSIN) Propel Hawaii Accelerator.
  • This cohort enables MemComputing to work with the U.S. Navy Pacific Fleet (PACFLT) N6 and other U.S. Indo-Pacific Commands (INDOPACOM) to bring its next generation computing technology to the warfighter.
  • "We are thrilled to be selected by NSIN as part of the Propel Hawaii Accelerator.
  • Our advanced MEMCPU™ Platform offers a unique approach to solving complex optimization problems that are of utmost importance to our national security.

ENOVIX DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Enovix Corporation and Encourages Investors to Contact the Firm

Retrieved on: 
토요일, 3월 4, 2023

Investors have until March 7, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until March 7, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Five months after this announcement, on July 15, 2021, Enovix became a publicly traded company.
  • Enovix merged with a special purpose acquisition company (“SPAC”), a public shell corporation with no business of its own other than to acquire a private company.
  • On July 14, 2021, Enovix was officially acquired by RSVAC, which then changed its name to Enovix Corporation.