Equity

Interactive Strength Inc. (Nasdaq: TRNR) Receives Letter From Nasdaq Confirming That the Company Complies With the Stockholders’ Equity Requirement

Retrieved on: 
Tuesday, March 5, 2024

CLMBR is expected to generate material growth in revenue and gross profit for the Company in 2024, and the conversion of debt to equity strengthens our balance sheet.

Key Points: 
  • CLMBR is expected to generate material growth in revenue and gross profit for the Company in 2024, and the conversion of debt to equity strengthens our balance sheet.
  • As reported in the Form 10-Q, the Company’s stockholders’ equity as of June 30, 2023 was approximately $5.0 million.
  • In accordance with Nasdaq Listing Rules, the Company submitted, in a timely fashion, a plan to regain compliance with the Stockholders’ Equity Requirement.
  • The Company’s compliance plan was accepted by Nasdaq, and the Company was granted until February 19, 2024 to evidence compliance.

FirstBank Announces New CEO and COO

Retrieved on: 
Tuesday, February 27, 2024

The board elected President, Kevin Classen, as the new CEO, and Chief Digital Officer (CDO), Kelly Kaminskas, was named Chief Operating Officer (COO).

Key Points: 
  • The board elected President, Kevin Classen, as the new CEO, and Chief Digital Officer (CDO), Kelly Kaminskas, was named Chief Operating Officer (COO).
  • Reuter, who will remain on the company’s board, started his career at FirstBank in 1987 and held several leadership positions, including COO and Executive Vice President, before being appointed CEO in 2017.
  • He was named a Denver Business Journal “Most Admired CEO” and a “Diversity, Equity and Inclusion” leader.
  • “It’s been a pleasure to be CEO of FirstBank and an active leader in the community, banking and fintech industry,” said Reuter.

Rogers Sugar Announces a $110 Million Equity Offering to Fund a Portion of its Sugar Capacity Expansion Project

Retrieved on: 
Monday, February 26, 2024

The sale of Common Shares is pursuant to a bought deal public offering (the “Public Offering”) and two concurrent non-brokered private placements (the “Concurrent Private Placements” and, collectively with the Public Offering, the “Equity Offerings”).

Key Points: 
  • The sale of Common Shares is pursuant to a bought deal public offering (the “Public Offering”) and two concurrent non-brokered private placements (the “Concurrent Private Placements” and, collectively with the Public Offering, the “Equity Offerings”).
  • In addition, longtime Rogers Sugar shareholder Belkorp Industries Inc. (“Belkorp”) has agreed to purchase approximately $10 million of Common Shares, also by way of a concurrent private placement.
  • The Expansion Project will increase the production capacity of Lantic’s Montreal plant by approximately 20%, or 100,000 metric tonnes.
  • The total investment for the Expansion Project is estimated at approximately $200 million.

CAI Earns Newsweek’s America’s Greatest Workplaces for Diversity

Retrieved on: 
Wednesday, February 21, 2024

ALLENTOWN, Pa., Feb. 21, 2024 (GLOBE NEWSWIRE) -- CAI , a global technology services firm, today announced its recognition as one of America’s Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group.

Key Points: 
  • ALLENTOWN, Pa., Feb. 21, 2024 (GLOBE NEWSWIRE) -- CAI , a global technology services firm, today announced its recognition as one of America’s Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group.
  • This is the second consecutive year that CAI has earned this honor for its dedication to diversity, equity and inclusion.
  • Newsweek's America’s Greatest Workplaces for Diversity list is a result of a methodology involving a five-part evaluation:
    Pre-study survey polled HR professionals to identify current and future employee satisfaction drivers.
  • To learn more about CAI and browse open jobs, visit https://careers.cai.io/
    For more information about CAI’s diversity initiatives, visit www.cai.io/about-us/diversity-equity-and-inclusion

ELS INVESTOR NOTICE: NATIONALLY RANKED ROSEN LAW FIRM Encourages Equity LifeStyle Properties, Inc. Investors to Inquire About Securities Class Action Investigation – ELS

Retrieved on: 
Tuesday, February 20, 2024

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Brandon Hall Group Releases Future-Focused "HCM Outlook 2024" Report

Retrieved on: 
Monday, February 19, 2024

Boca Raton, FL, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Brandon Hall Group, the leading independent Human Capital Management research firm, has published its annual future-focused HCM trends report, “HCM Outlook 2024: Navigating Through the Evolving Global Workforce Dynamics.” The 120-page report available for download at www.brandonhall.com outlines seven critical areas HR teams must address to empower workforces for success.

Key Points: 
  • Boca Raton, FL, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Brandon Hall Group, the leading independent Human Capital Management research firm, has published its annual future-focused HCM trends report, “HCM Outlook 2024: Navigating Through the Evolving Global Workforce Dynamics.” The 120-page report available for download at www.brandonhall.com outlines seven critical areas HR teams must address to empower workforces for success.
  • "There’s no question of HCM becoming more data-driven and savvy with AI-enabled technologies," said Brandon Hall Group CEO Mike Cooke.
  • "HR simply cannot take a wait-and-see approach as the nature of work evolves quickly," said Brandon Hall Group COO Rachel Cooke.
  • HR's Enduring Challenges and Opportunities
    Download the full 120-page HCM Outlook 2024 report at https://web.brandonhall.com/hcm_outlook_2024 .

Generational Equity Advises NASCO in its Acquisition and Strategic Relocation to Texas under New Leadership

Retrieved on: 
Friday, March 8, 2024

NASCO , currently located in Pacific Palisades, California, is a value-added supplier of critical components to OEMs, end-users, and distributors.

Key Points: 
  • NASCO , currently located in Pacific Palisades, California, is a value-added supplier of critical components to OEMs, end-users, and distributors.
  • The Company differentiates itself in the market by being solution-focused and providing an extensive array of products for use in critical environments.
  • NASCO’s product lines include cable glands and accessories, cable cleats, custom and specialty cables, hazardous enclosures, and other complementary products.
  • The transition to Texas signifies the company's dedication to enhancing operational efficiencies, customer service, and access to key markets.

Generational Equity Advises Artic Air in its Sale to Lunchpail Service Partners

Retrieved on: 
Thursday, March 7, 2024

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Artic Air to Lunchpail Service Partners.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Artic Air to Lunchpail Service Partners.
  • Artic Air , located in Palatka, Florida, is a fourth-generation family-owned HVAC business in Northeast Florida.
  • Artic Air has decades of experience installing, repairing, and maintaining all brands, makes and models of HVAC equipment.
  • Located in Jacksonville, Florida, Lunchpail Service Partners (LSP) invests and partners with management to transform small blue collar trades businesses into market leading professional organizations.

Generational Equity Advises B.I.G. Studio in its Sale to Private Investors

Retrieved on: 
Tuesday, March 5, 2024

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, B.I.G.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, B.I.G.
  • B.I.G.
  • Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham , and Generational Group Authorized Affiliate, Ron Rosenow, with support from Senior Managing Director, M&A – Western Region, Lori Galloway closed the transaction.
  • Studio.

Generational Equity Advises Aanicca Ventures in its Sale to Perform[cb]

Retrieved on: 
Tuesday, March 5, 2024

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Aanicca Ventures, Inc. to Perform[cb] (a portfolio company of Beringer Capital).

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Aanicca Ventures, Inc. to Perform[cb] (a portfolio company of Beringer Capital).
  • Aanicca Ventures (Aanicca), located in Richmond Hill, Ontario, Canada, is a performance based online marketing provider for advertisers, publishers, and online affiliates in the desktop and mobile space.
  • The Company assists in driving new user and customer acquisitions to businesses as well as helping websites and influencers monetize online traffic.
  • Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson , and his team led by Sr.