The Commission

131 Announces Closing of Private Placement of 8,144,199 Subscription Receipts in Syntheia

Retrieved on: 
torsdag, maj 16, 2024
Warrant, Exchange, Corporate finance, News, Indian stock exchange, Letter, The, Bank statement, Sale, Person, Prospectus, Funding, Acceleration, Agent, The Commission, Security (finance)

Ltd. ("131") is pleased to announce, further to its press release dated April 12, 2024, the closing of Metaworld Corporation's (dba Syntheia) ("Syntheia") brokered private placement offering of subscription receipts (the "Subscription Receipts") through the issuance of 8,144,199 Subscription Receipts for gross proceeds of $2,850,469.65 (the "Financing").

Key Points: 
  • Ltd. ("131") is pleased to announce, further to its press release dated April 12, 2024, the closing of Metaworld Corporation's (dba Syntheia) ("Syntheia") brokered private placement offering of subscription receipts (the "Subscription Receipts") through the issuance of 8,144,199 Subscription Receipts for gross proceeds of $2,850,469.65 (the "Financing").
  • Syntheia may close a second tranche of the Financing in the upcoming weeks.
  • The resulting issuer from the Proposed Transaction (the "Resulting Issuer") will continue to operate the business of Syntheia.
  • Pursuant to the Financing, Syntheia, First Republic Capital Corporation and 131 entered into a subscription receipt agreement (the "Subscription Receipt Agreement") dated May 16, 2024 with Endeavor Trust Corporation as subscription receipt agent (the "Subscription Receipt Agent").

ZK International Group Co., Ltd. and The CF Opportunity Fund Successfully Closes $5 Million Financing Priced at $1.59 per Share

Retrieved on: 
tisdag, maj 7, 2024
Private, Weibo, Security (finance), Growth, The Commission, Sales management, Regulation, Form 6-K, ZK, Cryptocurrency

The additional investment of US$1.5 million, was calculated at 165% premium, thus reinforces CF Opportunity Fund's dedication to ZK and its confidence in the Company's capacity for growth.

Key Points: 
  • The additional investment of US$1.5 million, was calculated at 165% premium, thus reinforces CF Opportunity Fund's dedication to ZK and its confidence in the Company's capacity for growth.
  • On April 29, 2024, the Company successfully issued the Shares, marking the closure of the Private Placement.
  • The additional capital will enhance our financial flexibility and support our ongoing efforts to drive long-term value creation for our shareholders."
  • ZK International Group Co., Ltd. remains committed to executing its growth plans and delivering sustainable value to its stakeholders.

OceanPal Inc. Announces the Filing of Its Annual Report on Form 20-F

Retrieved on: 
tisdag, april 16, 2024
The Annual Report, Annual report, The Commission, OP

ATHENS, Greece, April 16, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has filed its 2023 Annual Report on Form 20-F with the United States Securities and Exchange Commission (the "Commission").

Key Points: 
  • ATHENS, Greece, April 16, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has filed its 2023 Annual Report on Form 20-F with the United States Securities and Exchange Commission (the "Commission").
  • The Annual Report may be accessed through the Company's website, www.oceanpal.com, or on the Commission’s website at www.sec.gov.
  • Any shareholder may receive a hard copy of the Company’s complete Annual Report free of charge upon request.

Euro Manganese Welcomes New €3 Billion Fund Proposed by the European Commission to Boost Growth of the EU Battery Industry

Retrieved on: 
måndag, december 11, 2023
EIT, European Commission, ASX, The Commission, European Battery Alliance, EMN, Civil service commission, News, Carbon, Commission, EV

Euro Manganese especially supports the approach for a dedicated budget which will prioritise the best performers in sustainability, traceability, and circularity.

Key Points: 
  • Euro Manganese especially supports the approach for a dedicated budget which will prioritise the best performers in sustainability, traceability, and circularity.
  • Starting in 2024, up to €3 billion in funding is proposed to be provided via the Commission’s Innovation Fund to incentivize investment in the European Union’s ("EU") battery manufacturing capacity.
  • Commenting on the news, the European Battery Alliance ("EBA250") specifically highlighted the need for EU incentives for upstream raw materials.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “Euro Manganese welcomes this recent proposal from the European Commission, which will support EU battery supply chains, including upstream sustainable raw material and refining production in the EU.

IberAmerican Lithium Inc. Completes Upsized Private Placement of Subscription Receipts for Gross Proceeds of $9.1 Million

Retrieved on: 
torsdag, augusti 24, 2023
Lithium, Odyssey, The, Technical report, National Technical Reports Library, Issue, Model Business Corporation Act, Commission, Exchange, The Commission, Acquisition, Agent, Offering, SEDAR, Business broker, News, Security (finance)

Ltd. ("131" or the "Company") are pleased to announce that IberAmerican has closed a brokered and non-brokered private placement offering of securities (together, the "Offering") consisting of an aggregate of 36,450,488 subscription receipts (the "IberAmerican Subscription Receipts") at a price of $0.25 per IberAmerican Subscription Receipt (the "Issue Price").

Key Points: 
  • Ltd. ("131" or the "Company") are pleased to announce that IberAmerican has closed a brokered and non-brokered private placement offering of securities (together, the "Offering") consisting of an aggregate of 36,450,488 subscription receipts (the "IberAmerican Subscription Receipts") at a price of $0.25 per IberAmerican Subscription Receipt (the "Issue Price").
  • 131 as the resulting issuer following the completion of the Proposed Transaction (the "Resulting Issuer") will continue the business of IberAmerican.
  • Upon satisfaction of the escrow release conditions, Odyssey Trust Company will release the Escrowed Funds to the Agents and IberAmerican.
  • dated effective December 28, 2022 whereby IberAmerican acquired a 70% interest in two contiguous mineral permits located in the region of Galicia, Spain.

Castor Maritime Inc. Announces the Date of its 2023 Annual General Meeting of Shareholders

Retrieved on: 
måndag, juli 31, 2023
Date, Commission, CTRM, The Commission, Meeting, Cyprus Securities and Exchange Commission, Security (finance), Auction

LIMASSOL, Cyprus, July 31, 2023 (GLOBE NEWSWIRE) -- Limassol, Cyprus, July 31, 2023 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that its Board of Directors (the "Board") has scheduled the Company’s 2023 Annual General Meeting of Shareholders (the "Meeting") to be held on September 1, 2023, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus.

Key Points: 
  • LIMASSOL, Cyprus, July 31, 2023 (GLOBE NEWSWIRE) -- Limassol, Cyprus, July 31, 2023 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that its Board of Directors (the "Board") has scheduled the Company’s 2023 Annual General Meeting of Shareholders (the "Meeting") to be held on September 1, 2023, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus.
  • The Board has fixed a record date of July 3, 2023 (the "Record Date") for the determination of the shareholders entitled to receive notice of and to vote at the Meeting or any adjournment thereof.
  • The Company’s Notice of the Meeting and Proxy Statement will be mailed on or around August 1, 2023, to shareholders of record as of the Record Date and will be furnished to the Securities and Exchange Commission (the "Commission") and available on the Commission's website at www.sec.gov.
  • The proxy material will also be available on the Company’s website at www.castormaritime.com.

Securities & Exchange Commission Approves the Plan of Distribution for the RBS Securities Fair Fund

Retrieved on: 
tisdag, juli 4, 2023
Judgement, Person, The Final Judgment, Notice, Investment, RBS, Court, WITH, SIGN, Defendant, Plan, Fair Fund, OR, Info, The Commission, Security (finance), Safety, SEE, LLP, NOT, Final, NatWest Markets, Documentation, Fund administration, Complaint, FORM, Fund, Last Judgment, MUST, Life insurance, Cryptocurrency, United States Postal Service

The purpose of this Notice is to inform you that you may be entitled to share in the proceeds of the Fair Fund described herein.

Key Points: 
  • The purpose of this Notice is to inform you that you may be entitled to share in the proceeds of the Fair Fund described herein.
  • To be potentially eligible to share in the Fair Fund, you must file a Proof of Claim Form in accordance with the steps set forth in this Notice and in the Distribution Plan (the "Plan") approved by the Securities and Exchange Commission ("SEC" or the "Commission").
  • On November 7, 2013, the SEC brought suit against Defendant RBS Securities Inc. ("RBS" or "Defendant"), formerly known as Greenwich Capital Markets, Inc.
  • You may obtain additional information or request copies of forms and notices by calling the RBS Securities Inc. Fair Fund's toll-free hotline at (877) 940-1507 in the United States, or by email at [email protected] .

SEC Adopts Amendments to Remove References to Credit Ratings From Regulation M

Retrieved on: 
onsdag, juni 7, 2023
Probability, Register, Commission, Federal Register, The Commission, Security (finance), Regulation, Financial adviser

Washington, D.C.--(Newsfile Corp. - June 7, 2023) - The Securities and Exchange Commission today adopted rule changes to remove and replace references to credit ratings from existing exceptions provided in Rule 101 and Rule 102 of Regulation M, a set of rules that prohibits activities that could artificially influence the market for an offered security.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - June 7, 2023) - The Securities and Exchange Commission today adopted rule changes to remove and replace references to credit ratings from existing exceptions provided in Rule 101 and Rule 102 of Regulation M, a set of rules that prohibits activities that could artificially influence the market for an offered security.
  • “This adoption fulfills Congress’s wishes in the wake of the 2008 financial crisis, ensuring we don’t embed in our ruleset a reliance on credit ratings – and instead have appropriate alternative measures of creditworthiness,” said SEC Chair Gary Gensler.
  • “This adoption will be the sixth and final of the SEC’s rulemakings to implement this mandate.”
    The amendments, when effective, will remove certain existing rule exceptions in Rule 101 and Rule 102 of Regulation M that reference credit ratings for nonconvertible debt securities, nonconvertible preferred securities, and asset-backed securities and substitute in their place new exceptions that are based on alternative standards of creditworthiness.
  • The Commission also adopted a record preservation requirement under Rule 17a-4(b)(17) for broker-dealers who rely on Rule 101’s or Rule 102’s new exception for nonconvertible debt securities and nonconvertible preferred securities.

Banner Acquisition Corp. Announces Anticipated Redemption of Public Shares and Subsequent Dissolution

Retrieved on: 
torsdag, maj 4, 2023
Transfer, Commission, Tax, The Commission, Bangladesh Securities and Exchange Commission, Wind, Inflation, The Company, Delaware General Corporation Law, Inflation Reduction Act of 2022, Charter, Security (finance), LEHI

The per-share redemption price for the public shares will be approximately $10.27 (the "Redemption Amount").

Key Points: 
  • The per-share redemption price for the public shares will be approximately $10.27 (the "Redemption Amount").
  • The Company anticipates that the public shares will cease trading as of the open of business on May 15, 2023.
  • As of the close of business on or around May 16, 2023, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.
  • Beneficial owners of public shares held in "street name," however, will not need to take any action in order to receive the Redemption Amount.

OceanPal Inc. Announces the Filing of Its Annual Report on Form 20-F

Retrieved on: 
fredag, mars 31, 2023
The Annual Report, OP, The Commission, Annual report, Cryptocurrency

ATHENS, Greece, March 31, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has filed its 2022 Annual Report on Form 20-F with the United States Securities and Exchange Commission (the "Commission").

Key Points: 
  • ATHENS, Greece, March 31, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has filed its 2022 Annual Report on Form 20-F with the United States Securities and Exchange Commission (the "Commission").
  • The Annual Report may be accessed through the Company's website, www.oceanpal.com, or on the Commission’s website at www.sec.gov.
  • Any shareholder may receive a hard copy of the Company’s complete Annual Report free of charge upon request.