Primary dealers

F45 Training Holdings Inc. Announces Closing of Initial Public Offering

Retrieved on: 
Monday, July 19, 2021

F45 Training Holdings Inc. (the Company or F45) announced today the closing of its initial public offering.

Key Points: 
  • F45 Training Holdings Inc. (the Company or F45) announced today the closing of its initial public offering.
  • The shares began trading on the New York Stock Exchange on July 15, 2021 under the symbol FXLV.
  • F45 received net proceeds from the offering of approximately $279.0 million, after deducting underwriting discounts and commissions.
  • Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC acted as joint leading book-running managers and representatives of the underwriters for the offering.

JRVR DEADLINE: Shareholders With Substantial Losses Have Opportunity to Lead the James River Group Holdings, Ltd. Class Action Lawsuit

Retrieved on: 
Monday, July 19, 2021

The James River Group class action lawsuit charges James River Group and certain of its top executives with violations of the Securities Exchange Act of 1934.

Key Points: 
  • The James River Group class action lawsuit charges James River Group and certain of its top executives with violations of the Securities Exchange Act of 1934.
  • The James River Group class action lawsuit (Employees Retirement Fund of the City of Fort Worth dba Fort Worth Employees Retirement Fund v. James River Group Holdings, Ltd., No.
  • If you wish to serve as lead plaintiff of the James River Group class action lawsuit, please provide your information by clicking here .
  • Lead plaintiff motions for the James River Group class action lawsuit must be filed with the court no later than September 7, 2021.

UBS Settles Charges Related to Investments in Complex Exchange-Traded Product

Retrieved on: 
Monday, July 19, 2021

The order finds that UBS prohibited brokerage representatives from soliciting sales of the product and placed other restrictions on sales of the product to brokerage customers, but did not place similar restrictions on certain financial advisers use of the product in discretionary managed client accounts.

Key Points: 
  • The order finds that UBS prohibited brokerage representatives from soliciting sales of the product and placed other restrictions on sales of the product to brokerage customers, but did not place similar restrictions on certain financial advisers use of the product in discretionary managed client accounts.
  • According to the order, UBS prohibited the financial advisers from making additional recommendations of this ETP prior to being contacted by the Commission staff.
  • Advisory firms must protect clients from inappropriate investments in complex financial products, said Daniel Michael, Chief of the SEC Enforcement Divisions Complex Financial Instruments Unit.
  • We will continue to scrutinize firms policies and procedures related to these risky products, and we will take action when they are inadequate.

Head of Investment Banking at Cohen & Company & Ex-Head of Internet Investment Banking for Wells Fargo Bank, Mr. Dan Nash Joins VIMworld Advisory Board

Retrieved on: 
Monday, July 19, 2021

Today, we are incredibly excited to welcome prestigious professional, high-finance investment banker and experienced Investor Dan Nash to VIMworld's advisory board.

Key Points: 
  • Today, we are incredibly excited to welcome prestigious professional, high-finance investment banker and experienced Investor Dan Nash to VIMworld's advisory board.
  • Dan is highly educated in the fields of business and finance and brings this expertise to our advisory board.
  • Dan currently heads Investment Banking at Cohen & Company Capital Markets where he leads all aspects of Investment Banking including M&A advisory, private capital markets, and more.
  • Prior to MZ and Wells Fargo, Nash served as Director of Internet Investment Banking at BofA Merrill Lynch.

TortoiseEcofin Acquisition Corp. III Announces Launch of Initial Public Offering

Retrieved on: 
Monday, July 19, 2021

Overland Park, Kansas, July 19, 2021 (GLOBE NEWSWIRE) -- TortoiseEcofin Acquisition Corp. III (the Company) announced today the launch of its initial public offering of 30,000,000 units at $10.00 per unit.

Key Points: 
  • Overland Park, Kansas, July 19, 2021 (GLOBE NEWSWIRE) -- TortoiseEcofin Acquisition Corp. III (the Company) announced today the launch of its initial public offering of 30,000,000 units at $10.00 per unit.
  • TortoiseEcofin Acquisition Corp. III was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination.
  • Barclays, Goldman Sachs & Co. LLC and Cantor Fitzgerald & Co. are acting as joint bookrunners for the proposed offering.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering.

PowerSchool Announces Launch of Initial Public Offering

Retrieved on: 
Monday, July 19, 2021

PowerSchool is offering 39,473,685 shares of its Class A common stock to the public.

Key Points: 
  • PowerSchool is offering 39,473,685 shares of its Class A common stock to the public.
  • PowerSchool has applied to list shares of its Class A common stock on the New York Stock Exchange under the ticker symbol PWSC.
  • In connection with this offering, PowerSchool will be making a $1 million donation to philanthropic initiatives to benefit K-12 educators.
  • Goldman Sachs & Co. LLC, Barclays, Credit Suisse and UBS Investment Bank are acting as lead bookrunning managers for the offering.

Head of Investment Banking at Cohen & Company & Ex-Head of Internet Investment Banking for Wells Fargo Bank, Mr. Dan Nash Joins VIMworld Advisory Board

Retrieved on: 
Monday, July 19, 2021

Today, we are incredibly excited to welcome prestigious professional, high-finance investment banker and experienced Investor Dan Nash to VIMworld's advisory board.

Key Points: 
  • Today, we are incredibly excited to welcome prestigious professional, high-finance investment banker and experienced Investor Dan Nash to VIMworld's advisory board.
  • Dan is highly educated in the fields of business and finance and brings this expertise to our advisory board.
  • Dan currently heads Investment Banking at Cohen & Company Capital Markets where he leads all aspects of Investment Banking including M&A advisory, private capital markets, and more.
  • Prior to MZ and Wells Fargo, Nash served as Director of Internet Investment Banking at BofA Merrill Lynch.

Paul Sullivan Joins Sanctuary Wealth After 34 Years as a Top Merrill Lynch Executive

Retrieved on: 
Friday, July 16, 2021

Sullivan spent his entire 34-year career with Merrill Lynch, the last 12 as Managing Director and Market Executive at the SD Financial Center, Merrill's flagship office.

Key Points: 
  • Sullivan spent his entire 34-year career with Merrill Lynch, the last 12 as Managing Director and Market Executive at the SD Financial Center, Merrill's flagship office.
  • Sanctuary Wealth is truly built for the industry's top advisors who have a strong desire to start their own firm," explained Paul Sullivan, Managing Director, Sanctuary Wealth.
  • "Paul Sullivan was one of the most respected Market Executives at Merrill Lynch and responsible for the firm's flagship office," saidVince Fertitta, President, Wealth Management, Sanctuary Wealth.
  • The Sanctuary Wealth Group includes the fully owned subsidiaries Sanctuary Advisors, a registered investment adviser, and the broker-dealer Sanctuary Securities, as well as Sanctuary Alternative Solutions, Sanctuary Insurance Solutions, Sanctuary Global, and Sanctuary Global Tax and Family Office.

Spencer Savings Bank SLA and Mariner’s Bancorp and Mariner’s Bank Announce the Signing of a Definitive Stock Purchase Agreement

Retrieved on: 
Friday, July 16, 2021

Spencer Savings Bank, SLA (Spencer) and Mariners Bancorp/Mariners Bank jointly announced today that they have entered into a definitive stock purchase agreement pursuant to which Spencer will acquire Mariners Bank in an all-cash transaction.

Key Points: 
  • Spencer Savings Bank, SLA (Spencer) and Mariners Bancorp/Mariners Bank jointly announced today that they have entered into a definitive stock purchase agreement pursuant to which Spencer will acquire Mariners Bank in an all-cash transaction.
  • Under the terms of the agreement, Mariners Bank will merge into Spencer, with Spencer the surviving entity.
  • Jos B. Guerrero, Chairman & Chief Executive Officer of Spencer Savings Bank, SLA stated, This opportunity brings together two community focused companies.
  • Robert Baumann, President and CEO of Mariners Bancorp and Mariners Bank stated, This transaction combines two strongly capitalized financial services companies.

DGAP-News: Caropass.com: Secure Payment Between Individuals for the Purchase of Used Vehicles

Retrieved on: 
Friday, July 16, 2021

BORDEAUX, FRANCE / ACCESSWIRE / July 15, 2021 / Caropass arrives on the brand new market for the secure payment solution.

Key Points: 
  • BORDEAUX, FRANCE / ACCESSWIRE / July 15, 2021 / Caropass arrives on the brand new market for the secure payment solution.
  • The sale of used vehicles between individuals is a market that is the target of different scams.
  • To minimize the risk of scam, new services are offered on the Internet to secure the stages of your transaction.
  • Whether you are buyer or seller, Caropass, partner of BNP Paribas and Crdit Agricole, offers you a secure solution.