Mergers and acquisitions

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against iRhythm, Hut 8, Xponential, and Amplitude and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, February 20, 2024

The Company’s principal product is a monitoring patch that provides electrocardiogram (“ECG”) monitoring for up to 14 days, called Zio XT.

Key Points: 
  • The Company’s principal product is a monitoring patch that provides electrocardiogram (“ECG”) monitoring for up to 14 days, called Zio XT.
  • The Zio XT is intended for non-critical patients, as it does not provide real-time reporting.
  • These types of heart monitors that are approved for high-risk patients and provide near real-time alerts are also referred to as “real-time” monitors.
  • As a result of these misrepresentations, the price of iRhythm common stock traded at artificially inflated prices throughout the Class Period.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Nextdoor Holdings, Inc. (KIND) Investors

Retrieved on: 
Friday, March 8, 2024

Nextdoor investors have until April 29, 2024 to file a lead plaintiff motion.

Key Points: 
  • Nextdoor investors have until April 29, 2024 to file a lead plaintiff motion.
  • Investors suffering losses on their Nextdoor investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to [email protected] .
  • On this news, Nextdoor’s stock price fell $0.85, or 13.6%, to close at $5.39 per share on March 4, 2022, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

KIND INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Thursday, March 7, 2024

Nextdoor operates a hyperlocal online social networking platform that connects neighbors, public agencies, and businesses via the internet.

Key Points: 
  • Nextdoor operates a hyperlocal online social networking platform that connects neighbors, public agencies, and businesses via the internet.
  • KV Acquisition Co. served as the surviving entity and changed its name to Nextdoor Holdings, Inc. after the merger.
  • On Nextdoor’s platform, “neighbors” (i.e., users) can view posts, discussions, and pictures from other neighbors, as well as notifications, comments, and groups.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

FOCUS FINANCIAL 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Focus Financial Partners Inc. - FOCS

Retrieved on: 
Saturday, March 2, 2024

This action is pending in the United States District Court for the District of Delaware.

Key Points: 
  • This action is pending in the United States District Court for the District of Delaware.
  • The stockholder vote on the Merger was held on July 14, 2023, and the transaction was completed on August 31, 2023.
  • The case is AltShares Event-Driven ETF v. Focus Financial Partners, Inc., No.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.

KIND INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Thursday, February 29, 2024

Nextdoor operates a hyperlocal online social networking platform that connects neighbors, public agencies, and businesses via the internet.

Key Points: 
  • Nextdoor operates a hyperlocal online social networking platform that connects neighbors, public agencies, and businesses via the internet.
  • KV Acquisition Co. served as the surviving entity and changed its name to Nextdoor Holdings, Inc. after the merger.
  • On Nextdoor’s platform, “neighbors” (i.e., users) can view posts, discussions, and pictures from other neighbors, as well as notifications, comments, and groups.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Carbon TerraVault Provides 2023 Update

Retrieved on: 
Tuesday, February 27, 2024

Carbon TerraVault (CTV) today provided an update on its 2023 operations.

Key Points: 
  • Carbon TerraVault (CTV) today provided an update on its 2023 operations.
  • California Resources Corporation (NYSE: CRC) conducts its carbon management business through Carbon TerraVault which pursues carbon capture and sequestration projects that are directly sited or within close proximity to significant sources of carbon dioxide (CO2) emissions in California.
  • “During 2023, our team meaningfully advanced the expansion of our carbon management business by announcing new Carbon Dioxide Management Agreements (CDMAs)1, submitting new permits to the EPA and attracting new greenfield project capital to California,” said Francisco Leon, CRC’s President and Chief Executive Officer.
  • The CDMA provides a path for the parties to reach final definitive documents and final investment decision.

Atlas Energy Solutions Inc. to Acquire Hi-Crush Inc., Creating the Largest Proppant Producer in the Country and an Industry Leading Logistics Provider

Retrieved on: 
Tuesday, February 27, 2024

Both the up-front cash consideration and the principal amount of the Seller's Note are subject to revision for customary post-closing adjustments.

Key Points: 
  • Both the up-front cash consideration and the principal amount of the Seller's Note are subject to revision for customary post-closing adjustments.
  • Both companies have led the industry’s innovations to drive efficiencies in proppant and logistics in different but complementary ways, a testament to the high quality people involved.
  • Combining the teams, their technologies and best practices, as well as their complementary geographical footprint, should compound constructively to the benefit of our shareholders.
  • I echo Bud and John’s excitement in uniting two of the most innovative players in frac sand under Atlas.

Healthpeak Properties, Inc. and Healthpeak OP, LLC Complete Consent Solicitation and Offers to Guarantee and Receive Required Consents to Amend Physicians Realty L.P. Indentures

Retrieved on: 
Monday, February 26, 2024

The amendments contained in the Supplemental Indenture will not become operative, and the Healthpeak Guarantee will not be issued, until the completion of the Merger.

Key Points: 
  • The amendments contained in the Supplemental Indenture will not become operative, and the Healthpeak Guarantee will not be issued, until the completion of the Merger.
  • Barclays Capital Inc. and Morgan Stanley & Co. LLC acted as the Solicitation Agents for the consent solicitation and offers to guarantee.
  • Global Bondholder Services Corporation acted as the Information Agent and Tabulation Agent for the consent solicitation and offers to guarantee.
  • The solicitation and offers to guarantee were made solely pursuant to an effective shelf registration statement and prospectus and the above-described Consent Solicitation/Prospectus Supplement dated February 12, 2024.

Pagaya Names Evangelos Perros as Chief Financial Officer

Retrieved on: 
Tuesday, February 20, 2024

Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced that Evangelos Perros has been named as the Company's Chief Financial Officer (“CFO”), effective immediately.

Key Points: 
  • Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced that Evangelos Perros has been named as the Company's Chief Financial Officer (“CFO”), effective immediately.
  • Perros, who has served as the Company's Interim CFO since November 2023, was previously the company’s Deputy CFO and Head of Strategic Finance since joining Pagaya in 2021.
  • “I am thrilled to confirm Evangelos’ appointment as our next CFO,” said Gal Krubiner, co-founder and CEO of Pagaya Technologies.
  • “It is a privilege to become the CFO of Pagaya at such an exciting point in the company’s evolution,” Perros said.

USIC Announces Appointment of President and CEO

Retrieved on: 
Wednesday, February 28, 2024

USIC, North America’s leading provider of underground utility locating services, announced today the appointment of Yuvbir Singh as President and Chief Executive Officer.

Key Points: 
  • USIC, North America’s leading provider of underground utility locating services, announced today the appointment of Yuvbir Singh as President and Chief Executive Officer.
  • Ron Childress, USIC’s interim CEO, has held the position since September 2023 and will return to his previous role as a member of USIC’s Board of Directors.
  • “USIC and our customers will benefit from his extensive experience and innovative approach.
  • Partners Group originally invested in USIC in 2017 and partnered in November 2022 with a Kohlberg-led consortium, including funds managed by Mubadala and Neuberger Berman.