Corporate finance

RESMED ALERT: Bragar Eagel & Squire, P.C. is Investigating Certain Officers and Directors of ResMed, Inc. and Encourages Investors to Contact the Firm

Saturday, January 18, 2020 - 1:52am

Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, is investigating potential claims against certain officers and directors of ResMed, Inc. (NYSE: RMD) on behalf of long-term stockholders.

Key Points: 
  • Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, is investigating potential claims against certain officers and directors of ResMed, Inc. (NYSE: RMD) on behalf of long-term stockholders.
  • The U.S Justice Department announced the civil settlement Wednesday, January 15, 2020, which ends probes that stemmed from whistleblower complaints starting in 2016.
  • is a nationally recognized law firm with offices in New York and California.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Laredo Petroleum Announces Early Tender of Over 95% of its 5 5/8% Senior Notes due 2022 and Over 85% of its 6 1/4% Senior Notes due 2023

Friday, January 17, 2020 - 11:27pm

(2) Includes the early tender premium for Existing Notes validly tendered (and not validly withdrawn) prior to the Consent Date and accepted for purchase by the Company.

Key Points: 
  • (2) Includes the early tender premium for Existing Notes validly tendered (and not validly withdrawn) prior to the Consent Date and accepted for purchase by the Company.
  • The Proposed Amendments for each series of the Existing Notes will become operative immediately after the tendered Existing Notes are accepted for purchase.
  • For additional information regarding the terms of the Tender Offers, please contact BofA Securities at 888.292.0070 (toll-free) or 980.388.0539 (collect).
  • Holders must make their own decision as to whether to tender any of their Existing Notes and, if so, the principal amount of Existing Notes to tender.

Robbins LLP Is Investigating the Officers and Directors of ResMed Inc. (RMD) on Behalf of Shareholders

Friday, January 17, 2020 - 11:27pm

Robbins LLP is a nationally recognized leader in shareholder rights law.

Key Points: 
  • Robbins LLP is a nationally recognized leader in shareholder rights law.
  • The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.
  • Click here to receive free alerts from Stock Watch when companies engage in wrongdoing.
  • Past results do not guarantee a similar outcome.

Cincinnati Bancorp Announces Expected Closing Date of Conversion Transaction

Friday, January 17, 2020 - 10:15pm

Cincinnati Bancorp's common stock is expected to cease trading on the OTC PinkMarket at the close of business on January 22, 2020.

Key Points: 
  • Cincinnati Bancorp's common stock is expected to cease trading on the OTC PinkMarket at the close of business on January 22, 2020.
  • As part of the conversion transaction, each outstanding share of Cincinnati Bancorp owned as of the closing date by public stockholders of Cincinnati Bancorp (stockholders other than the MHC) will be converted into shares of CBI common stock.
  • Cincinnati Bancorp stockholders holding their shares in street name will receive their shares of CBI common stock within their accounts automatically.
  • Luse Gorman, PC has acted as legal counsel to the CBI, the MHC, Cincinnati Bancorp and Cincinnati Federal.

Luckin Coffee Inc. Announces Full Exercise of Option by the Underwriters to Purchase Additional American Depositary Shares

Friday, January 17, 2020 - 9:30pm

The Company did not receive any proceeds from the sale of ADSs by the selling shareholder.

Key Points: 
  • The Company did not receive any proceeds from the sale of ADSs by the selling shareholder.
  • This offering is being made only by means of a written prospectus forming a part of an effective registration statement.
  • A registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission (the SEC).
  • Luckin Coffee Inc.(NASDAQ: LK) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers.

Bank of America Declares Preferred Stock Dividends

Friday, January 17, 2020 - 9:15pm

1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.

Key Points: 
  • 1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.
  • Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series X, Series AA, Series DD, and Series FF, for which dividends are paid on a semi-annual basis.
  • Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services.
  • Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Sun Communities, Inc. Announces Tax Treatment of 2019 Distributions

Friday, January 17, 2020 - 8:55pm

(1) To the extent that Unrecaptured Section 1250 Gain exists, the gain is a subset of, and included in, the Total Capital Gain Distribution amount.

Key Points: 
  • (1) To the extent that Unrecaptured Section 1250 Gain exists, the gain is a subset of, and included in, the Total Capital Gain Distribution amount.
  • (2) The Section 199A Dividend and Qualified Dividend are subsets of, and included in, the Ordinary Taxable Dividend.
  • Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.
  • Sun Communities, Inc.(NYSE:SUI) is a REIT that, as ofOctober 30, 2019, when it completed its acquisition of the Jensen portfolio, owned, operated or had an interest in a portfolio of 420 communities comprising approximately 140,000 developed sites in 32 states andOntario, Canada.

VALUE LINE, INC. DECLARES A QUARTERLY CASH DIVIDEND OF $0.20 PER COMMON SHARE

Friday, January 17, 2020 - 8:30pm

The Company has 9,639,545 shares of common stock outstanding as of January 17, 2020.

Key Points: 
  • The Company has 9,639,545 shares of common stock outstanding as of January 17, 2020.
  • Value Line, Inc. is a leading New York based provider of investment research.
  • The Value Line Investment Survey is one of the most widely used sources of independent equity investment research.
  • Value Lines acclaimed research also enables the Company to provide specialized products such as Value Line Select, Value Line Special Situations, Value Line Select: Dividend Income & Growth, Value Line Select: ETFs, and certain Value Line copyrights, distributed under agreements including certain proprietary ranking system information and other proprietary information used in third party products.

Seneca Biopharma Announces Exercise of Warrants for $7.55 Million Gross Proceeds Priced At-the-Market

Friday, January 17, 2020 - 7:00pm

The shares of common stock issuable upon exercise of the warrants are registered pursuant to a registration statement on Form S-1 (File No.

Key Points: 
  • The shares of common stock issuable upon exercise of the warrants are registered pursuant to a registration statement on Form S-1 (File No.
  • The gross proceeds to the company from the exercise of the warrants are expected to be approximately $7.55 million, prior to deducting placement agent fees and estimated offering expenses.
  • The company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock issuable upon exercise of the new warrants.
  • Seneca Biopharma, Inc., is a clinical-stage biopharmaceutical company developing novel treatments for various diseases of high unmet medical need.

Youngevity International, Inc. Announces Declaration of Monthly Dividend for 1st Quarter 2020 for Series "D" Cumulative Redeemable Perpetual Preferred Stock

Friday, January 17, 2020 - 7:00pm

SAN DIEGO, Jan. 17, 2020 /PRNewswire/ -- Youngevity International, Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, today announced the declaration of its regular monthly dividend of$0.203125per share of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:YGYIP) foreach of January, February and March 2020.

Key Points: 
  • SAN DIEGO, Jan. 17, 2020 /PRNewswire/ -- Youngevity International, Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, today announced the declaration of its regular monthly dividend of$0.203125per share of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:YGYIP) foreach of January, February and March 2020.
  • The dividend will be payable onFebruary 17, March 16 and April 15 2020 to holders of record as ofJanuary 31, February 28 and March 31 2020.
  • The dividend will be paid in cash.
  • This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.