Funding

Voya Equity Closed End Funds Declare Distributions

Retrieved on: 
Monday, December 18, 2023
Professional Services, Finance, Investment, IGD, IHD, Funding, IAE, Risk, Movement, Security (finance)

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD)

Key Points: 
  • Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD)
    Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE)
    Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD)
    Each Fund intends to make regular monthly/quarterly distributions based on the past and projected performance of each Fund.
  • Each Fund's distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital.
  • The portion of each Fund's monthly/quarterly distributions estimated to come from the Fund's option strategy, for tax purposes, may be treated as a combination of long-term and short-term capital gains, and/or a return of capital.
  • Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.

Osisko Development Corp. and O3 Mining Inc. Announce Formation of "Electric Elements Mining Corp." to Explore James Bay Properties for Lithium

Retrieved on: 
Wednesday, November 15, 2023
Transfer, National instrument, Funding, Transfer pricing, Minority, General partnership, Spin, NYSE, ODV, OTCQX, Prospectus, Partnership, Toyota Canada Inc., Lithium, EEM, Multilateral, Security (finance), Electrical element

TORONTO and MONTREAL, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development") (NYSE: ODV, TSXV: ODV) and O3 Mining Inc. ("O3 Mining") (TSXV: OIII, OTCQX: OIIIF) are pleased to announce the successful formation and capitalization of "Electric Elements Mining Corp." ("Electric Elements") to explore for lithium potential on certain James Bay properties in Eeyou Istchee Area, Nunavik, Québec transferred to Electric Elements by Osisko Development and O3 Mining (the "Spin-out Transaction").

Key Points: 
  • TORONTO and MONTREAL, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development") (NYSE: ODV, TSXV: ODV) and O3 Mining Inc. ("O3 Mining") (TSXV: OIII, OTCQX: OIIIF) are pleased to announce the successful formation and capitalization of "Electric Elements Mining Corp." ("Electric Elements") to explore for lithium potential on certain James Bay properties in Eeyou Istchee Area, Nunavik, Québec transferred to Electric Elements by Osisko Development and O3 Mining (the "Spin-out Transaction").
  • After giving effect to the Transfer, Osisko Development and O3 Mining held 80% and 20%, respectively, of the outstanding EEM Shares.
  • Proceeds of the Financing will be used by Electric Elements to fund the first phase of exploration activities on its newly-acquired James Bay properties and for general corporate purposes.
  • Certain insiders of Osisko Development participated in the Financing for an aggregate of 1,400,000 EEM Shares for total consideration of C$700,000.

AEON Biopharma Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023
AEON, Steps, Migraine, AB toxin, Acquisition, Safety, NYSE, Food, Investment, Common stock, Patient, FDA, NYSE American, Patent, Phase II, Funding, Use, Torticollis, MMD, Pharmaceutical industry, Security (finance)

IRVINE, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- AEON Biopharma, Inc. (“AEON” or the “Company”) (NYSE: AEON, AEON WS), a clinical-stage biopharmaceutical company focused on developing a proprietary botulinum toxin complex for the treatment of multiple debilitating medical conditions, announced financial results for the third quarter ended September 30, 2023 and provided a business update.

Key Points: 
  • – Ongoing Phase 2 trial for the preventive treatment of chronic migraine has enrolled over 430 subjects; anticipate completing enrollment in Q4 2023 and announcing topline data in 2H 2024 –
    IRVINE, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- AEON Biopharma, Inc. (“AEON” or the “Company”) (NYSE: AEON, AEON WS), a clinical-stage biopharmaceutical company focused on developing a proprietary botulinum toxin complex for the treatment of multiple debilitating medical conditions, announced financial results for the third quarter ended September 30, 2023 and provided a business update.
  • These data are expected to further support advancing our chronic and episodic migraine programs into pivotal clinical trials.
  • In addition, we continue to evaluate multiple parameters for the planned Phase 3 trial of ABP-450 for the preventive treatment of episodic migraine.
  • Cash, Cash Equivalents and Investments – The Company reported cash, cash equivalents and investments were approximately $16.2 million as of September 30, 2023.

VanEck Announces Year-End Distributions for VanEck Equity ETFs

Retrieved on: 
Saturday, December 16, 2023
Professional Services, Data Analytics, Other Professional Services, Finance, Asset Management, Consulting, ETF, Communication, Investment, Disclosure, Funding, Passive foreign investment company, Circular 230, IRS, Paul Ecke Ranch, PFIC

Passive Foreign Investment Company (PFIC) Income: Several VanEck ETFs may make investments in non-U.S. corporations classified as “passive foreign investment companies”.

Key Points: 
  • Passive Foreign Investment Company (PFIC) Income: Several VanEck ETFs may make investments in non-U.S. corporations classified as “passive foreign investment companies”.
  • Please refer to your VanEck ETF’s Statement of Additional Information (SAI) for further information on PFICs.
  • Shareholders or potential shareholders of the VanEck ETFs should obtain their own independent tax advice based on their particular circumstances.
  • If you have any questions concerning this information or the VanEck ETFs in general, please call 800.826.2333 between 9:00 am and 5:30 pm ET, Monday through Friday.

Fairholme Funds, Inc. December 2023 Dividend Distributions

Retrieved on: 
Friday, December 15, 2023
Professional Services, Finance, Pooled income fund, Investment, Risk, Funding, Prospectus, Income fund

The Fairholme Fund is non-diversified, which means that The Fairholme Fund invests in a smaller number of securities when compared to more diversified funds.

Key Points: 
  • The Fairholme Fund is non-diversified, which means that The Fairholme Fund invests in a smaller number of securities when compared to more diversified funds.
  • Therefore, The Fairholme Fund is exposed to greater individual stock volatility than a diversified fund.
  • The Fairholme Fund also invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.
  • The Fairholme Focused Income Fund (the “Income Fund”) is a non-diversified mutual fund, which means that the Income Fund invests in a smaller number of securities when compared to more diversified funds.

Ault Alliance Receives an Investment of $41.5 Million from Ault & Company

Retrieved on: 
Friday, December 15, 2023
Blockchain, Software, Cryptocurrency, Finance, Web3, Professional Services, Technology, Fintech, Cloud, NYSE American, Aviation, Creditor, Funding, NYSE, Security (finance), Warrant, Form, Common stock, Exercise, Conversion, Agreement, Third Avenue, Surety, Preferred stock

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced the closing of a $41.5 million financing (the “Financing”) with Ault & Company, Inc. (“A&C”), an affiliate of the Company, pursuant to the Securities Purchase Agreement (the “Agreement”) entered into between the Company and A&C on November 6, 2023.

Key Points: 
  • Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced the closing of a $41.5 million financing (the “Financing”) with Ault & Company, Inc. (“A&C”), an affiliate of the Company, pursuant to the Securities Purchase Agreement (the “Agreement”) entered into between the Company and A&C on November 6, 2023.
  • As stewards of both Ault & Company and Ault Alliance, which are led by essentially the same individuals, our leadership team has a unique, dual perspective that reinforces our commitment to this course of action.
  • I remain convinced that Ault Alliance's assets are significantly undervalued, and my macro-outlook for the Company is more robust than ever.
  • For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov.

The Rise Fund to Make Majority Investment in Outcomes First Group Joined by Investcorp

Retrieved on: 
Tuesday, December 12, 2023
Banking, Mental Health, Fund Raising, General Health, Professional Services, Foundation, Philanthropy, People with Disabilities, Consumer, Clinical Trials, Health, Other Philanthropy, Other Education, Continuing, Education, Socially Responsible Investing, Finance, Funding, Ropes & Gray, SEN, Moelis & Company, DLA Piper, OFG, Investment, Stirling Square Capital Partners, Piper, Student, FirstGroup, Learning, Rise, Neuro, Venture capital financing, Stirling Square, Special, Occupational therapy, Private equity, Partnership, Ofsted, Growth, Mental health, Gibson Dunn, Parent, Spectrum, The Rise, Mental, Outcomes First Group, Nursing, Renewable energy, Outcome, Employment, Investcorp

The Rise Fund is making a majority investment in OFG with Investcorp making a minority investment.

Key Points: 
  • The Rise Fund is making a majority investment in OFG with Investcorp making a minority investment.
  • “This is the start of an exciting new chapter for Outcomes First Group,” said David Leatherbarrow, CEO of Outcomes First Group.
  • Moelis & Company served as financial advisor to The Rise Fund and Investcorp in relation to the transaction.
  • Ropes & Gray and Gibson, Dunn & Crutcher served as legal counsel to The Rise Fund and Investcorp respectively.

CHAI, the First Israel Bond ETF, Launches Today on the New York Stock Exchange (NYSE)

Retrieved on: 
Wednesday, December 13, 2023
Professional Services, Finance, ETF, Funding, Distribution, ILS, NAV, Fund, Capital gain, Investment, Risk, USD, 7-day SEC yield, CHAI, Prospectus, Trust, Adviser, MCM, Loss, Government, Lovell Minnick Partners, Financial adviser, Security (finance), Insurance, Defiance, Index

The goal of the Israel Bond ETF is to provide liquid access to Israel government and corporate bonds.

Key Points: 
  • The goal of the Israel Bond ETF is to provide liquid access to Israel government and corporate bonds.
  • CHAI, the Defiance Israel Bond ETF , will track the MCM (Migdal Capital Markets) BlueStar Israel Bond Index.
  • The Defiance Israel Bond ETF (the “Fund” or the “Israel Bond ETF”) seeks to track the total return performance, before fees and expenses, of the BlueStar® USD Israel Bonds Index (the “Index”).
  • The BlueStar® USD Israel Bonds Index is predominantly composed of investment grade, U.S. dollar (“USD”)-denominated Israel Bonds.

Generate Capital Announces Investment Industry Leader, William Sonneborn, As Its New President

Retrieved on: 
Tuesday, December 12, 2023
Environment, Finance, Consulting, Other Energy, Environmental Health, Professional Services, Sustainability, Alternative Energy, Energy, Asset Management, Generate, Georgetown University, Funding, Agriculture, Creative industries, St. Albans School, Investment, TCW, Disruptive innovation, KKR, SunLight General Capital, EIG, City, Kohlberg Kravis Roberts, Infrastructure Transitions Research Consortium, Water, Growth, Renewable energy, Management

Today, Generate Capital, a leading sustainable investment and operating company, announced the appointment of William (“Bill”) Sonneborn as President.

Key Points: 
  • Today, Generate Capital, a leading sustainable investment and operating company, announced the appointment of William (“Bill”) Sonneborn as President.
  • Mr. Sonneborn has an extensive background investing across multiple asset classes and industries, including sustainable infrastructure, energy and disruptive technologies.
  • As CEO, Mr. Sonneborn helped diversify KKR’s investment strategies away from control private equity and launched its private credit business.
  • With over $8 billion in capital raised since its inception, Generate has invested over $6 billion in sustainable infrastructure, including $2 billion in 2022 alone.

Xsolla Joins GameDev.World 2023 as Diamond Sponsor Fostering Global Game Development Unity & Equality

Retrieved on: 
Wednesday, December 6, 2023
Software, Consumer Electronics, Technology, Electronic Commerce, Electronic Games, Online Retail, Retail, Entertainment, Diamond, Funding, Platinum, GMT, Xsolla

Xsolla, a global video game commerce company, is excited to announce its platinum sponsorship of GameDev.World , a pioneering global real-time conference for video game developers.

Key Points: 
  • Xsolla, a global video game commerce company, is excited to announce its platinum sponsorship of GameDev.World , a pioneering global real-time conference for video game developers.
  • The event, hosted online from December 9, 2023, 11 am UK time, to December 10, 2023, 2 am UK time, is uniquely programmed in GMT to cater to an international audience.
  • "Joining GameDev.World as the Diamond Sponsor is a step forward in our mission to democratize game development globally," expressed Chris Hewish, CEO of Xsolla.
  • His segment promises to offer valuable insights into the evolving world of game development.