Legal entities

APEX GLOBAL INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Apex Global Brands Inc. - APEX

Tuesday, March 2, 2021 - 12:40am

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Apex Global Brands Inc. (OTC: APEX) to Galaxy Universal LLC.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Apex Global Brands Inc. (OTC: APEX) to Galaxy Universal LLC.
  • Under the terms of the proposed transaction, shareholders of Apex will receive only $2.00 per share in cash for each share of Apex that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Boingo Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Boingo Wireless, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – WIFI

Monday, March 1, 2021 - 7:01pm

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Boingo Wireless, Inc. (NASDAQ: WIFI) to an affiliate of Digital Colony Management, LLC for $14.00 per share in cash is fair to Boingo shareholders.

Key Points: 
  • Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Boingo Wireless, Inc. (NASDAQ: WIFI) to an affiliate of Digital Colony Management, LLC for $14.00 per share in cash is fair to Boingo shareholders.
  • On behalf of Boingo shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

INVESTIGATION ALERT: Halper Sadeh LLP Investigates PAND, PRAH, FFG, CTB; Shareholders Are Encouraged to Contact the Firm

Monday, March 1, 2021 - 1:00pm

Under the terms of the transaction, PRA Health shareholders will receive $80.00 in cash and 0.4125 shares of ICON stock for each PRA Health share that they own.

Key Points: 
  • Under the terms of the transaction, PRA Health shareholders will receive $80.00 in cash and 0.4125 shares of ICON stock for each PRA Health share that they own.
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

BellRing Brands Announces Repricing of $636 Million Term Loan

Friday, February 26, 2021 - 9:30pm

ST. LOUIS, Feb. 26, 2021 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (the Company) today announced that its subsidiary, BellRing Brands, LLC (BellRing LLC), completed an opportunistic repricing of its existing $636.2 million term loan through an amendment to its credit agreement.

Key Points: 
  • ST. LOUIS, Feb. 26, 2021 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (the Company) today announced that its subsidiary, BellRing Brands, LLC (BellRing LLC), completed an opportunistic repricing of its existing $636.2 million term loan through an amendment to its credit agreement.
  • The amendment refinances BellRing LLCs term loan to reduce the interest rate on the term loan by 100 basis points (1.00%) to the Eurodollar Rate plus 4.00% or the Base Rate plus 3.00%, and also reduces the floor for the Eurodollar Rate for BellRing LLCs term loan from 1.00% to 0.75%.
  • The repricing is expected to reduce annual cash interest by approximately $8 million.
  • The term loan maturity date of October 21, 2024 and all other material provisions under the credit agreement remain unchanged.

SUPERNAP Italia Announces Acquisition of ACDC Holdings by Affiliates of IPI Partners

Friday, February 26, 2021 - 4:45pm

MILAN, Italy, Feb. 26, 2021 (GLOBE NEWSWIRE) -- SUPERNAP Italia (SUPERNAP or the Company) announced today that 100% of the share capital of ACDC Holdings S. r.l.

Key Points: 
  • MILAN, Italy, Feb. 26, 2021 (GLOBE NEWSWIRE) -- SUPERNAP Italia (SUPERNAP or the Company) announced today that 100% of the share capital of ACDC Holdings S. r.l.
  • (ACDC), the Companys controlling shareholder, has been acquired by affiliates of IPI Partners, LLC (IPI) from affiliates of Accelero Capital Holdings S. r.l.
  • SUPERNAP Italia provides comprehensive data center services to help the worlds leading hyperscale and enterprise companies meet their digital infrastructure needs.
  • IPI is co-sponsored by ICONIQ Capital, LLC and an affiliate of Iron Point Partners, LLC.For more information, please visit: www.ipipartners.com .

Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution

Thursday, February 25, 2021 - 9:15pm

ARO is the accounting recognition related to plugging and abandonment obligations that all oil and gas operators face.

Key Points: 
  • ARO is the accounting recognition related to plugging and abandonment obligations that all oil and gas operators face.
  • Therefore, until the net profits deficit is eliminated, the only cash proceeds the Trust will receive are pursuant to the 7.5% overriding royalty interest.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the Underlying Properties).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.

TUI AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Thursday, February 25, 2021 - 5:02pm

Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Key Points: 

Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Pandion Therapeutics Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Pandion Therapeutics, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – PAND

Thursday, February 25, 2021 - 3:48pm

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Pandion Therapeutics, Inc. (NASDAQ: PAND) to Merck is fair to Pandion shareholders.

Key Points: 
  • Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Pandion Therapeutics, Inc. (NASDAQ: PAND) to Merck is fair to Pandion shareholders.
  • Under the terms of the agreement, Pandion shareholders will receive $60.00 per share in cash.
  • On behalf of Pandion shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share

Thursday, February 25, 2021 - 2:53pm

The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

Key Points: 
  • The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
  • The Gabelli Utility Trust has paid a distribution to shareholders every month since October 1999.
  • The final determination of the sources of all distributions in 2021 will be made after year end and can vary from the monthly estimates.
  • The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE:GBL).

Legion Partners Nominates Four Highly-Qualified Independent Candidates for Election to the OneSpan Board

Thursday, February 25, 2021 - 2:15pm

I, a Delaware limited partnership (Legion Partners I), Legion Partners, L.P. II, a Delaware limited partnership (Legion Partners II), Legion Partners Offshore I SP I, a segregated portfolio company of Legion Partners Offshore Opportunities SPC I, a company organized under the laws of the Cayman Islands (Legion Partners Offshore I), Legion Partners, LLC, a Delaware limited liability company (Legion Partners GP), Legion Partners Asset Management, LLC, a Delaware limited liability company (Legion Partners Asset Management), Christopher S. Kiper, Raymond T. White, Sarika Garg, Sagar Gupta, Michael J. McConnell and Rinki Sethi.

Key Points: 
  • I, a Delaware limited partnership (Legion Partners I), Legion Partners, L.P. II, a Delaware limited partnership (Legion Partners II), Legion Partners Offshore I SP I, a segregated portfolio company of Legion Partners Offshore Opportunities SPC I, a company organized under the laws of the Cayman Islands (Legion Partners Offshore I), Legion Partners, LLC, a Delaware limited liability company (Legion Partners GP), Legion Partners Asset Management, LLC, a Delaware limited liability company (Legion Partners Asset Management), Christopher S. Kiper, Raymond T. White, Sarika Garg, Sagar Gupta, Michael J. McConnell and Rinki Sethi.
  • As the general partner of each of Legion Partners I and Legion Partners II, Legion Partners GP may be deemed to beneficially own the 2,289,228 shares of Common Stock beneficially owned in the aggregate by Legion Partners I and Legion Partners II.
  • As the investment advisor of each of Legion Partners I, Legion Partners II and Legion Partners Offshore I, Legion Partners Asset Management may be deemed to beneficially own the 2,773,746 shares of Common Stock beneficially owned in the aggregate by Legion Partners I, Legion Partners II and Legion Partners Offshore I.
  • As of the date hereof, Legion Partners Holdings directly beneficially owns 200 shares of common stock and, as the sole member of each of Legion Partners Asset Management and Legion Partners GP, Legion Partners Holdings may also be deemed to beneficially own the 2,773,746 shares of Common Stock beneficially owned in the aggregate by Legion Partners I, Legion Partners II and Legion Partners Offshore I.