Equity securities

LIBERTY OILFIELD SERVICES ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Liberty Oilfield Services, Inc. and Encourages Investors to Contact the Firm

Monday, April 6, 2020 - 10:25pm

Investors have until June 2, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 2, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On January 17, 2018, Liberty Oilfield held its IPO, issuing approximately 14.6 million shares of Class A stock to the investing public at $17.00 per share, pursuant to the Registration Statement.
  • By the commencement of this action, Liberty Oilfields shares have traded significantly below its IPO price.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Luxfer Declares Quarterly Dividend April 2020

Monday, April 6, 2020 - 10:01pm

The dividend will be payable on May 6, 2020 to shareholders of record at the close of business on April 17, 2020.

Key Points: 
  • The dividend will be payable on May 6, 2020 to shareholders of record at the close of business on April 17, 2020.
  • All holders of NYSE-listed ordinary shares will be paid in U.S. dollars through the Companys dividend disbursing agent.
  • For holders of ordinary shares not directly listed on the NYSE, the dividend will be paid directly by the Company.
  • If a holder of ordinary shares has previously requested and received a dividend payment in pounds sterling, they will receive this dividend payable on May 6, 2020 in pounds sterling, unless an election in writing to change the payment currency is received by the Company Secretary by April 16, 2020.

TEN Ltd. Declares Dividend on its Series C and Series F Cumulative Redeemable Perpetual Preferred Shares

Monday, April 6, 2020 - 9:05pm

ATHENS, Greece, April 06, 2020 (GLOBE NEWSWIRE) -- TEN Ltd. (TEN) (NYSE: TNP) (the Company), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.5547 per share for its Series C Cumulative Redeemable Perpetual Preferred Shares (the Series C Preferred Shares; NYSE; TNPPRC) and $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the Series F Preferred Shares; NYSE; TNPPRF).

Key Points: 
  • ATHENS, Greece, April 06, 2020 (GLOBE NEWSWIRE) -- TEN Ltd. (TEN) (NYSE: TNP) (the Company), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.5547 per share for its Series C Cumulative Redeemable Perpetual Preferred Shares (the Series C Preferred Shares; NYSE; TNPPRC) and $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the Series F Preferred Shares; NYSE; TNPPRF).
  • Each dividend of the Series C and F Preferred Shares is for the period from the most recent dividend payment date on January 30, 2020 through April 29, 2020.
  • The dividend on the Series C and F Preferred Shares will be paid on April 30, 2020 to all holders of record of Series C and F Preferred Shares as of April 27, 2020.
  • TEN has 2,000,000 Series C Preferred Shares and 6,000,000 Series F Preferred Shares outstanding as of the date of this press release.

Gabelli Dividend & Income Trust Announces Partial Redemption of Its 5.875% Series A Cumulative Preferred Shares

Monday, April 6, 2020 - 9:15pm

The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the Fund) authorized the redemption of one half (1,524,010 shares) of its outstanding 5.875% Series A Cumulative Preferred Shares (the Series A Preferred).

Key Points: 
  • The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the Fund) authorized the redemption of one half (1,524,010 shares) of its outstanding 5.875% Series A Cumulative Preferred Shares (the Series A Preferred).
  • The shares will be redeemed at $25.1631944 per Series A Preferred (the Redemption Price), which consists of $25.00 per Series A Preferred (the Liquidation Preference) plus $0.1631944 per Series A Preferred representing accumulated and unpaid dividends and distributions to the redemption date of May 6, 2020 (the Redemption Date).
  • From and after the Redemption Date, the Series A Preferred Shares being redeemed will no longer be deemed outstanding, dividends will cease to accumulate and all the rights of the Series A Preferred shareholders with respect to the redeemed Series A Preferred Shares will cease, except the right to receive the Redemption Price, without interest.
  • Payment to DTC for the Series A Preferred Shares will be made by Computershare Trust Company, N.A., as paying agent for this redemption.

Two Harbors Investment Corp. Announces Interim Common Stock Dividend and Payment of First Quarter 2020 Preferred Stock Dividends

Monday, April 6, 2020 - 9:15pm

(NYSE: TWO, the Company), a leading residential mortgage real estate investment trust, today announced that its Board of Directors declared an interim common stock dividend of $0.05 per share.

Key Points: 
  • (NYSE: TWO, the Company), a leading residential mortgage real estate investment trust, today announced that its Board of Directors declared an interim common stock dividend of $0.05 per share.
  • The interim dividend is payable on April 29, 2020, for stockholders of record as of April 16, 2020.
  • The Board of Directors will evaluate the second quarter dividend and other future quarterly dividends based on market conditions and the Companys expected ongoing earnings power.
  • All subsequent written and oral forward looking statements concerning Two Harbors or matters attributable to Two Harbors or any person.

AMG Donates $1 Million for COVID-19 Relief in Support of Boston-Area Healthcare Systems and Patients

Monday, April 6, 2020 - 4:46pm

AMG is proud to support their efforts and leadership during this challenging time.

Key Points: 
  • AMG is proud to support their efforts and leadership during this challenging time.
  • AMG is a global asset management company with equity investments in leading boutique investment management firms.
  • AMGs innovative partnership approach allows each Affiliates management team to own significant equity in their firm while maintaining operational autonomy.
  • In addition, AMG provides centralized assistance to its Affiliates on strategy, marketing, distribution, and product development.

Pulse Biosciences Files Registration Statement for Rights Offering

Monday, April 6, 2020 - 2:10pm

Pulse Biosciences, Inc. (Nasdaq: PLSE) (the Company, or Pulse Biosciences) today announced that it filed a registration statement on Form S-3 with the Securities and Exchange Commission (the SEC) for a rights offering to its existing stockholders.

Key Points: 
  • Pulse Biosciences, Inc. (Nasdaq: PLSE) (the Company, or Pulse Biosciences) today announced that it filed a registration statement on Form S-3 with the Securities and Exchange Commission (the SEC) for a rights offering to its existing stockholders.
  • Assuming the rights offering is fully subscribed, the Company will receive gross proceeds of approximately $30 million, less expenses related to the rights offering.
  • The Company filed the rights offering to raise equity capital in a manner that gives all of Pulse Biosciences stockholders the opportunity to participate.
  • The rights offering includes an over-subscription privilege which permits each rights holder that exercises its basic subscription rights in full to purchase additional shares of common stock that remain unsubscribed at the expiration of the offering.

First Republic Bank Declares Dividend on Series J Perpetual Preferred Stock for Second Quarter 2020

Monday, April 6, 2020 - 2:00pm

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared a cash dividend of $11.75 per share on its Noncumulative Perpetual Series J Preferred Stock.

Key Points: 
  • First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared a cash dividend of $11.75 per share on its Noncumulative Perpetual Series J Preferred Stock.
  • This dividend equals $0.293750 per depositary share, each representing 1/40th interest in a share of Series J Preferred Stock, which is traded on the NYSE under the symbol FRCPrJ.
  • The Series J Preferred Stock dividend is payable on April 30, 2020 to shareholders of record as of April 16, 2020.
  • Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services.

Gladstone Investment Provides Update on Impact of Coronavirus

Monday, April 6, 2020 - 2:00pm

About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations.

Key Points: 
  • About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations.
  • For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstonecompanies.com .
  • The statements in this press release regarding the longer-term prospects of Gladstone Investment are "forward-looking statements."
  • Gladstone Investment undertakes no obligation to update or revise these forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Privitar Closes $80 Million Series C Funding Round Led by Warburg Pincus

Monday, April 6, 2020 - 1:15pm

Privitar , the leading data privacy platform provider, today announced that it has completed an $80 million Series C funding round led by Warburg Pincus, a global private equity firm focused on growth investing, with participation from Accel, Partech, IQ Capital, Salesforce Ventures and ABN AMRO Ventures.

Key Points: 
  • Privitar , the leading data privacy platform provider, today announced that it has completed an $80 million Series C funding round led by Warburg Pincus, a global private equity firm focused on growth investing, with participation from Accel, Partech, IQ Capital, Salesforce Ventures and ABN AMRO Ventures.
  • The investment comes less than a year after a $40 million Series B funding round led by Accel in June 2019.
  • We are excited to partner with Warburg Pincus as we continue to pioneer the category.
  • Warburg Pincus is a leading global private equity firm with significant expertise in venture capital and growth investing.