Corporate finance

ATI Physical Therapy, Inc. Investors: Company Investigated by the Portnoy Law Firm

Tuesday, July 27, 2021 - 1:00pm

LOS ANGELES, July 27, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises ATI Physical Therapy, Inc. ("ATI" or the "Company") (NYSE: ATIP) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, July 27, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises ATI Physical Therapy, Inc. ("ATI" or the "Company") (NYSE: ATIP) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • ATI completed its business combination with Fortress Value Acquisition Corp. II (FVAC II), a special purpose acquisition company, on June 16, 2021.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Summit Healthcare Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing July 30, 2021

Tuesday, July 27, 2021 - 1:00pm

Summit Healthcare Acquisition Corp. (the Company) announced today that, commencing July 30, 2021, holders of the units sold in the Companys initial public offering of 20,000,000 units, completed on June 11, 2021, may elect to separately trade the shares of Class A ordinary shares and warrants included in the units.

Key Points: 
  • Summit Healthcare Acquisition Corp. (the Company) announced today that, commencing July 30, 2021, holders of the units sold in the Companys initial public offering of 20,000,000 units, completed on June 11, 2021, may elect to separately trade the shares of Class A ordinary shares and warrants included in the units.
  • No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
  • Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Companys transfer agent, in order to separate the units into Class A ordinary shares and warrants.
  • Summit Healthcare Acquisition Corp. was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Audax Private Equity to Sell Reedy Industries to Partners Group

Tuesday, July 27, 2021 - 12:30pm

Audax Private Equity (Audax) today announced that it has signed a definitive agreement to sell Reedy Industries (Reedy or the Company), a leading provider of commercial heating, ventilation and air conditioning (HVAC), to Partners Group, acting on behalf of its clients.

Key Points: 
  • Audax Private Equity (Audax) today announced that it has signed a definitive agreement to sell Reedy Industries (Reedy or the Company), a leading provider of commercial heating, ventilation and air conditioning (HVAC), to Partners Group, acting on behalf of its clients.
  • Audax Private Equity has invested over $7 billion in more than 140 platforms and over 975 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund.
  • About Partners Group Partners Group is a leading global private markets firm.
  • Since 1996, the firm has invested over USD 150 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally.

Postal Realty Trust Declares Second Quarter 2021 Dividend

Tuesday, July 27, 2021 - 12:30pm

The increase represents an 8.5% increase from the second quarter 2020 dividend.

Key Points: 
  • The increase represents an 8.5% increase from the second quarter 2020 dividend.
  • The dividend will be payable on August 27, 2021 to stockholders of record as of the close of business on August 13, 2021.
  • Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 1,250 properties leased primarily to the USPS, ranging from last mile post offices to larger industrial facilities.
  • As a result, the Companys actual results may differ materially from those contemplated by the forward-looking statements.

Data from Flimp Communications' Open Enrollment 2020 Report Shows 72 Percent Average Engagement

Tuesday, July 27, 2021 - 12:00pm

--Average Engagement Rate: 72%--Average Time on Content: 3 minutes 17 seconds--Campaigns: 196--Total Targeted Employees: 749,213 --Total Actions Taken (includes video views): 689,345--Average Response Rate: 1.86 actions per view--Average Mobile Views: 16%

Key Points: 
  • BOSTON, July 27, 2021 /PRNewswire/ -- Flimp Communications , a leading developer of digital employee communication and engagement solutions, today announced the results of the Open Enrollment 2020 Case Study and Trends Report .
  • For the 2021 benefits open enrollment period*, Flimp analyzed results from nearly 200 annual benefits-enrollment campaigns that were served up to nearly 750,000 employees and realized near-record-high average engagement rates of 72 percent.
  • Benefits open enrollment report highlights at a glance:
    "Creating compelling employee communications for virtual open enrollment during a pandemic proved to be critical for most employers," said Wayne Wall, CEO and founder of Flimp Communications.
  • **
    Some of the world's most recognized brands leveraged Flimp Communications' solutions for open enrollment in 2020 including American Diabetes Association, Georgetown University, Ken's Foods, Jostens, NPR, and Stamps.com.

GasLog Partners LP Declares Distributions on Series A, B and C Preference Units

Tuesday, July 27, 2021 - 12:00pm

GasLog Partners is a growth-oriented owner, operator and acquirer of LNG carriers.

Key Points: 
  • GasLog Partners is a growth-oriented owner, operator and acquirer of LNG carriers.
  • The Partnerships fleet consists of 15 LNG carriers with an average carrying capacity of approximately 158,000 cbm.
  • GasLog Partners is a publicly traded master limited partnership (NYSE: GLOP) but has elected to be treated as a C corporation for U.S. income tax purposes and therefore its investors receive an Internal Revenue Service Form 1099 with respect to any distributions declared and received.
  • Visit GasLog Partners website at http://www.gaslogmlp.com.

AZZ Inc. to Present at the Jefferies Virtual Industrials Conference on August 3, 2021

Tuesday, July 27, 2021 - 11:30am

FORT WORTH, Texas, July 27, 2021 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, announced today that Philip Schlom, Chief Financial Officer and David Nark, Senior Vice President, Marketing, Communications and Investor Relations, will present at the Jefferies Virtual Industrials Conference at 4:00 p.m. ET on August 3, 2021.

Key Points: 
  • A webcast of the presentation will be available on the Company's Investor Relations page at www.azz.com/investor-relations .
  • Management is scheduled to host virtual one-on-one meetings held throughout the conference, August 3-4, 2021.
  • Investors interested in arranging one-on-one meetings should contact your Jefferies conference representative.
  • Such forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events.

Hercules Capital Declares Cash Distribution of $0.32 per Share for the Second Quarter of 2021

Tuesday, July 27, 2021 - 11:00am

Therefore, a determination made on a quarterly basis may not be representative of the actual tax attributes of its distributions for a full year.

Key Points: 
  • Therefore, a determination made on a quarterly basis may not be representative of the actual tax attributes of its distributions for a full year.
  • Of the distributions declared during the quarter ended June 30, 2021, 100% were distributions derived from the Companys current and accumulated earnings and profits.
  • There can be no certainty to stockholders that this determination is representative of the tax attributes of the Companys 2021 full year distributions to stockholders.
  • The percentage of QII for distributions declared for the second quarter ended June 30, 2021 on Hercules Capital, Inc.s common stock is 87.7%.

Williams Rowland Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering

Tuesday, July 27, 2021 - 2:47am

The Company has granted the underwriter a 45-day option to purchase up to 3,000,000 additional units at the initial public offering price to cover over-allotments, if any.

Key Points: 
  • The Company has granted the underwriter a 45-day option to purchase up to 3,000,000 additional units at the initial public offering price to cover over-allotments, if any.
  • About Williams Rowland Acquisition Corp.
    Williams Rowland Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
  • This press release contains statements that constitute forward-looking statements, including with respect to the Companys initial public offering (IPO) and search for an initial business combination.
  • Williams Rowland Acquisition Corp. undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Playground Ventures Announces Results of Its Annual and Special Meeting and Investment into GG Hub SRL

Monday, July 26, 2021 - 10:30pm

the ratification of the issuance of certain common share purchase warrants of the Company.

Key Points: 
  • the ratification of the issuance of certain common share purchase warrants of the Company.
  • the adoption of the restricted share unit compensation plan of the Company and any grants to be made thereunder.
  • Further details on the above matters, including the report of voting results thereon, are available on under the Company's profile on www.sedar.com .
  • Pursuant to the Investment Agreement, the Company has made the initial payment of 100,000 to GG Hub and as a result, the Company has acquired a 15% interest in GG Hub.