Primary dealers

Level One Bancorp, Inc. Announces Promotion of Timothy R. Mackay to President of the Company and Bank

Retrieved on: 
Tuesday, July 20, 2021

FARMINGTON HILLS, Mich., July 20, 2021 (GLOBE NEWSWIRE) -- Level One Bancorp, Inc. (the “Company”) (Nasdaq: LEVL), parent company of Level One Bank (the “Bank”), today announced that Timothy R. Mackay, who currently serves as Executive Vice President of the Bank, has been elevated to the positions of President of both the Company and the Bank, effective as of July 16, 2021. Patrick J. Fehring will continue in his roles as Chairman of the Board and Chief Executive Officer of both the Company and the Bank.

Key Points: 
  • Patrick J. Fehring will continue in his roles as Chairman of the Board and Chief Executive Officer of both the Company and the Bank.
  • Prior to joining the Bank, he served for over 20 years in various leadership positions with Fifth Third Bank.
  • Level One Bancorp, Inc. is the holding company for Level One Bank, a full-service commercial and consumer bank headquartered in Michigan with assets of approximately $2.57 billion as of March 31, 2021.
  • Level One Bank offers the sophistication of a big bank, the heart of a community bank, and the spirit of an entrepreneur.

South Atlantic Bancshares, Inc. Reports Earnings of $0.32 per Diluted Common Share For the Three Months Ended June 30, 2021

Retrieved on: 
Tuesday, July 20, 2021

MYRTLE BEACH, S.C., July 20, 2021 /PRNewswire/ -- South Atlantic Bancshares, Inc. ("South Atlantic" or the "Company") (OTCQX: SABK), parent of South Atlantic Bank (the "Bank"), reported consolidated net income of $2.5 million, or $0.32 per diluted common share, for the three months ended June 30, 2021, a decrease of $1.0 million, or $0.14 per diluted common share, compared to the first quarter of 2021.  Consolidated net income was $6.0 million, or $0.79 per diluted common share, for the six months ended June 30, 2021, an increase of $2.6 million, or $0.34 per diluted common share, compared to the six months ended June 30, 2020.

Key Points: 
  • South Atlantic Bancshares, Inc. (OTCQX: SABK) is a registered bank holding company based in Myrtle Beach, South Carolina with $1.1 billion in total assets.
  • The Company's banking subsidiary, South Atlantic Bank, is a full-service financial institution spanning the entire coastal area of South Carolina, and is locally owned, controlled and operated.
  • Services include a full range of consumer and commercial banking products, including mortgage, and treasury management, including South Atlantic Bank goMobile, the Bank's mobile banking app.
  • The Company makes available, free of charge, on its web site the Company's annual meeting materials, annual reports, and quarterly earnings reports.

Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Tuesday, July 20, 2021

TORONTO, July 20, 2021 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.05625 for each Preferred share ($0.675 annually).

Key Points: 
  • TORONTO, July 20, 2021 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.05625 for each Preferred share ($0.675 annually).
  • Distributions are payable August 10, 2021 to shareholders on record as at July 30, 2021.
  • Since inception Class A shareholders have received a total of $21.41 per share and Preferred shareholders have received a total of $9.47 per share inclusive of this distribution, for a combined total of $30.88.
  • Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on: 
Tuesday, July 20, 2021

TORONTO, July 20, 2021 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.06600 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, July 20, 2021 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.06600 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable August 10, 2021 to shareholders on record as at July 30, 2021.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Tuesday, July 20, 2021

TORONTO, July 20, 2021 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.05625 for each Preferred share ($0.675 annually).

Key Points: 
  • TORONTO, July 20, 2021 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.05625 for each Preferred share ($0.675 annually).
  • Distributions are payable August 10, 2021 to shareholders on record as at July 30, 2021.
  • Since inception Class A shareholders have received a total of $14.68 per share and Preferred shareholders have received a total of $8.99 per share inclusive of this distribution, for a combined total of $23.67.
  • The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Cellarity Bolsters Executive Team with Appointment of Top-Ranked Wall Street Analyst David Risinger as Chief Financial Officer

Retrieved on: 
Tuesday, July 20, 2021

Risinger joins Cellarity from Morgan Stanley where he served as Managing Director and Head of U.S. Major and Specialty Pharmaceuticals Equity Research.In this role, Risinger will oversee Cellarity's financial function including accounting, financial planning, and investor relations.

Key Points: 
  • Risinger joins Cellarity from Morgan Stanley where he served as Managing Director and Head of U.S. Major and Specialty Pharmaceuticals Equity Research.In this role, Risinger will oversee Cellarity's financial function including accounting, financial planning, and investor relations.
  • "David brings a broad industry perspective and tremendous financial market expertise to Cellarity.
  • I expect David to contribute significantly to the fast progress of the company after our recent $123 million Series B funding round.
  • Prior to assuming coverage of Pharmaceuticals in 2002, Risinger was a top-ranked Healthcare Distribution & Technology analyst at Merrill Lynch.

Nasdaq, SVB, Citi, Goldman Sachs, and Morgan Stanley Launch New Platform for Trading Private Company Stock

Retrieved on: 
Tuesday, July 20, 2021

Nasdaq Private Market will be contributed to a standalone, independent company, which will receive strategic investments from SVB, Citi, Goldman Sachs, and Morgan Stanley.

Key Points: 
  • Nasdaq Private Market will be contributed to a standalone, independent company, which will receive strategic investments from SVB, Citi, Goldman Sachs, and Morgan Stanley.
  • The platform will continue to manage and support private company stock transactions including tender offers, buyside book-building, auctions, investor block trades, company directed windows of liquidity and pre-direct listing continuous trading.
  • The platform will build a unique distribution network, leveraging the joint venture partners strong relationships with private companies and investors.
  • Todays announcement highlights our optimism about the evolution of the private markets, said representatives at Citi, Goldman Sachs and Morgan Stanley.

DGAP-News: Udo Giegerich to become new CFO of CORESTATE - tone from the top for investment

Retrieved on: 
Tuesday, July 20, 2021

Frankfurt, 20 July 2021 - The Supervisory Board of CORESTATE Capital Holding S.A. has appointed Udo Giegerich for a three-year term as the company's new Chief Financial Officer (CFO) and member of the Management Board with effect from 1 August.

Key Points: 
  • Frankfurt, 20 July 2021 - The Supervisory Board of CORESTATE Capital Holding S.A. has appointed Udo Giegerich for a three-year term as the company's new Chief Financial Officer (CFO) and member of the Management Board with effect from 1 August.
  • As Head of Group Finance & Investor Relations he was responsible for developing the finance function and investor relations.
  • Udo Giegerich says: "I am truly looking forward to my new duties at CORESTATE.
  • Prior to joining the company, Gollnest held inter alia senior positions at the investment bank Merrill Lynch and at Barclays Capital.

Sight Sciences Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

Retrieved on: 
Monday, July 19, 2021

The total gross proceeds to Sight Sciences, before deducting underwriting discounts and commissions and offering expenses, were approximately $276 million.

Key Points: 
  • The total gross proceeds to Sight Sciences, before deducting underwriting discounts and commissions and offering expenses, were approximately $276 million.
  • Shares of Sight Sciencess common stock began trading on the Nasdaq Global Market on July 15, 2021, under the ticker symbol SGHT.
  • Morgan Stanley and BofA Securities are acting as joint lead book-running managers for the offering.
  • Registration statements relating to the shares being sold in this offering have been filed with the Securities and Exchange Commission and declared effective.

Publication relating to a transparency notification

Retrieved on: 
Monday, July 19, 2021

Mont-Saint-Guibert (Belgium), July 19, 2021, 10.30pm CET / 4.30pm ET In accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) announces that it received a transparency notification as detailed below.

Key Points: 
  • Mont-Saint-Guibert (Belgium), July 19, 2021, 10.30pm CET / 4.30pm ET In accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) announces that it received a transparency notification as detailed below.
  • On July 16, 2021, Nyxoah received a transparency notification from BNP Paribas Asset ManagementSA following the passive downward crossing of the lowest threshold on July 7, 2021.
  • As of such date, BNP Paribas Asset ManagementSA (through its affiliate BNP Paribas Asset Management France SAS) held 696,562 shares, representing 2.79% of the total number of voting rights on July 7, 2021 (25,002,609).
  • The notification dated July 16, 2021 contains the following information:
    Reason for the notification: passive crossing of a threshold; downward crossing of the lowest threshold
    Persons subject to the notification requirement: BNP Paribas Asset Management SA (with address at SA 47000-75318 Parias cedex 09-France)
    Date on which the threshold was crossed: July 7, 2021