United States corporate law

ALERT: Halper Sadeh LLP Investigates HBMD, CVA, RBNC, LONE, FVCB; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Thursday, August 19, 2021
F.N.B. Corporation, Fraud, OTCQX, United Community Bank, Advertising, United States corporate law, Penn Virginia, Lonestar, Community, NYSE, NASDAQ, Blue Ridge, FNB, Reliant Motors, Sale, Security (finance)

NEW YORK, Aug. 19, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Key Points: 
  • If you are a Howard Bancorp shareholder, click here to learn more about your rights and options .
  • 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 LLPrepresents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Penn Virginia Announces Increased Borrowing Base

Retrieved on: 
Thursday, August 19, 2021
Penn, Securities Exchange Act of 1934, Transport, Free cash flow, Register, Securities Act of 1933, Proxy, U.S. Securities and Exchange Commission, TIME, Cash flow, Form, WHEN, Communication, GLOBE, SEC, Acquisition, United States corporate law, AND, Natural gas, RISKS, Atlas, EACH, G&A, NASDAQ, Prospectus, Shareholder, Eagle Ford, Dallas, LONESTAR, Risk, Contract, Registration statement, THE, Sale, Annual report, COVID-19, Security (finance), Bank

HOUSTON, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (Penn Virginia or the Company) (NASDAQ: PVAC) today announced an increase to the Companys borrowing base under its revolving credit facility pursuant to its regularly scheduled fall redetermination.

Key Points: 
  • HOUSTON, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (Penn Virginia or the Company) (NASDAQ: PVAC) today announced an increase to the Companys borrowing base under its revolving credit facility pursuant to its regularly scheduled fall redetermination.
  • Darrin Henke, President and Chief Executive Officer of Penn Virginia commented, Penn Virginia greatly appreciates the ongoing support from our lending group, and we are pleased that the banks have supported a borrowing base of $600 million for Penn Virginia.
  • In connection with the proposed merger (the Proposed Transaction) between Penn Virginia Corporation (Penn Virginia or PVAC) and Lonestar Resources US Inc. (Lonestar or LONE), Penn Virginia intends to file with the Securities and Exchange Commission (the SEC) a registration statement on Form S-4 (the Registration Statement) to register the shares of Penn Virginias common stock to be issued in connection with the Proposed Transaction.
  • Copies of documents filed with the SEC by Penn Virginia, including the proxy statement/consent solicitation statement/prospectus (when available), will be available free of charge from Penn Virginias website at www.pennvirginia.com under the Investors tab.

Arqit Registration Statement Related to Business Combination With Centricus Acquisition Corp. Declared Effective By SEC

Retrieved on: 
Monday, August 2, 2021
Data management, Banking, Technology, Professional services, Other Communications, Communications, Software, Other Defense, Networks, Defense, Finance, SEC filings, Finance, Financial markets, Financial economics, Corporate finance, Private equity, Special-purpose acquisition company, U.S. Securities and Exchange Commission, United States corporate law, Prospectus, Proxy statement, Registration statement

Arqit Limited (Arqit), a leader in quantum encryption technology today announced the Registration Statement on Form F-4 in connection with the previously announced business combination (the Business Combination) with Centricus Acquisition Corp. (Centricus) (Nasdaq: CENHU, CENH, CENHUW), a publicly-listed special purpose acquisition company, has been declared effective by the Securities and Exchange Commission (the SEC).

Key Points: 
  • Arqit Limited (Arqit), a leader in quantum encryption technology today announced the Registration Statement on Form F-4 in connection with the previously announced business combination (the Business Combination) with Centricus Acquisition Corp. (Centricus) (Nasdaq: CENHU, CENH, CENHUW), a publicly-listed special purpose acquisition company, has been declared effective by the Securities and Exchange Commission (the SEC).
  • The boards of directors of Arqit and Centricus have unanimously approved the Business Combination, and Centricus has set 9:00 a.m.
  • The proxy statement/prospectus contains important information about Arqit, Centricus and the Business Combination, and is available on: https://sec.report/CIK/0001859690 .
  • This communication is being made in respect of the proposed transaction involving Arqit Limited (Arqit), Centricus Acquisition Corp. (Centricus) and Arqit Quantum Inc. (Pubco), a newly formed Cayman holding company.

MISONIX ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of MSON and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, July 30, 2021
Corporate finance, Financial economics, Finance, Stock market, Money, Equity securities, Security, Stock, Common stock, Derivative, United States corporate law, Mergers and acquisitions

On July 29, 2021, Misonix announced that it had entered into an agreement to merge with Bioventus in a deal valued at approximately $518 million.

Key Points: 
  • On July 29, 2021, Misonix announced that it had entered into an agreement to merge with Bioventus in a deal valued at approximately $518 million.
  • Pursuant to the merger agreement, Misonix stockholders will have the choice to receive either $28 in cash or 1.6839 shares of Bioventus common stock for each share of Misonix common stock owned.
  • Bragar Eagel & Squire is concerned that Misonixs board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Verde Bio Holdings, Inc. Announces Notification of Late Filing

Retrieved on: 
Thursday, July 29, 2021
SEC filings, United States corporate law, Form 10-K, U.S. Securities and Exchange Commission

Frisco, TX, July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Verde Bio Holdings, Inc. (OTC: VBHI) today announced that it has filed with the U.S. Securities and Exchange Commission (SEC) a Form 12b-25 Notification of Late Filing regarding its Annual Report on Form 10-K for the fiscal year endedApril 30, 2021.

Key Points: 
  • Frisco, TX, July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Verde Bio Holdings, Inc. (OTC: VBHI) today announced that it has filed with the U.S. Securities and Exchange Commission (SEC) a Form 12b-25 Notification of Late Filing regarding its Annual Report on Form 10-K for the fiscal year endedApril 30, 2021.
  • This will allow additional time to complete financial statements and related disclosures due to complexity connected with the Company's acquisitions in its fourth quarter, said Scott A. Cox, Verde CEO.
  • "We have completed sixteen significant acquisitions to date, ten of those in the fourth quarter," saidMr.
  • These rules include reserve reporting, estimation of revenues in suspense, impairment Ceiling Tests and full SMOG Disclosures.

Stable Road Reminds Stockholders to Vote in Favor of Business Combination with Momentus

Retrieved on: 
Friday, July 30, 2021
Technology, Aerospace, Manufacturing, Satellite, Corporate finance, Equity securities, Stock market, United States corporate law, Stock

Stable Road Acquisition Corp. (NASDAQ: SRAC, SRACU, and SRACW) (Stable Road or the Company) reminds its stockholders to vote in favor of the previously announced business combination (the Business Combination Proposal) with Momentus Inc. (Momentus).

Key Points: 
  • Stable Road Acquisition Corp. (NASDAQ: SRAC, SRACU, and SRACW) (Stable Road or the Company) reminds its stockholders to vote in favor of the previously announced business combination (the Business Combination Proposal) with Momentus Inc. (Momentus).
  • To protect the health of Stable Road stockholders and the community, the Special Meeting will be virtually conducted via live audio webcast.
  • If the Business Combination Proposal and related proposals are not approved, Stable Road will be unable to consummate the proposed business combination with Momentus and, in accordance with Stable Roads charter, Stable Road will be required to dissolve and liquidate the trust account by returning the then-remaining funds in such account to stockholders.
  • Stable Road requests that all stockholders who held Stable Road shares as of the close of business on July 7, 2021 (the Record Date) vote as soon as possible, regardless of whether such stockholders subsequently sold their shares and do not own such shares as of the date they cast their vote.

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

Retrieved on: 
Thursday, July 29, 2021
Legal, Professional services, Articles, United States corporate law, Securities fraud, Organizations, Limited liability partnership, Companies

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Misonix, Inc. (NASDAQ: MSON) to Bioventus Inc. is fair to Misonix shareholders.

Key Points: 
  • Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Misonix, Inc. (NASDAQ: MSON) to Bioventus Inc. is fair to Misonix shareholders.
  • On behalf of Misonix 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.

Energous Corporation Announces Executive Leadership Changes, Appoints Acting CEO

Retrieved on: 
Thursday, July 29, 2021
Technology, Energy, Hardware, Other Energy, Articles, Committees, Corporate law, Business, Corporate governance, Audit committee, Auditing, Board of directors, United States corporate law, Corporate title

Energous Corporation (Nasdaq: WATT), the developer of WattUp, a revolutionary wireless charging 2.0 technology, today announced several changes to the composition of the board and its leadership team, including its CEO and CFO positions.

Key Points: 
  • Energous Corporation (Nasdaq: WATT), the developer of WattUp, a revolutionary wireless charging 2.0 technology, today announced several changes to the composition of the board and its leadership team, including its CEO and CFO positions.
  • These changes follow the official retirement of former company president and CEO Stephen R. Rizzone last month.
  • Effective immediately, Cesar Johnston will assume the role of acting CEO.
  • Finally, Kathleen Bayless will join Energous as a member of the board of directors as well as the companys audit committee.

STERIS to Host a Conference Call for Fiscal 2022 First Quarter Financial Results on August 10, 2021

Retrieved on: 
Tuesday, July 27, 2021
SEC filings, Form 10-K, United States corporate law, Forward-looking statement, Steris, Companies, Business

Other risk factors are described in STERISs other securities filings, including Item 1A of our Annual Report on Form 10-K for the year ended March 31, 2021.

Key Points: 
  • Other risk factors are described in STERISs other securities filings, including Item 1A of our Annual Report on Form 10-K for the year ended March 31, 2021.
  • Many of these important factors are outside of STERISs control.
  • References to products are summaries only and should not be considered the specific terms of the product clearance or literature.
  • Unless legally required, STERIS does not undertake to update or revise any forward-looking statements even if events make clear that any projected results, express or implied, will not be realized.

Credibility International Releases Study of SEC and PCAOB Financial Reporting Enforcement Matters for Calendar Year 2020

Retrieved on: 
Tuesday, July 27, 2021
Public policy, Government, Other Professional Services, White House, Federal Government, Finance, Consulting, Banking, Accounting, Professional services, Sarbanes–Oxley Act, Economy of the United States, Public Company Accounting Oversight Board, U.S. Securities and Exchange Commission, Audit, Business, Financial services, Economy, United States corporate law

Credibility International is pleased to release its second study of U.S. Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB) enforcement activity related to public-company issuer accounting, disclosure, audit failure, and auditor independence enforcement matters for activity during calendar year 2020.

Key Points: 
  • Credibility International is pleased to release its second study of U.S. Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB) enforcement activity related to public-company issuer accounting, disclosure, audit failure, and auditor independence enforcement matters for activity during calendar year 2020.
  • Mr. Maloney and Mr. Wolfes unique expertise in SEC and PCAOB enforcement matters is reflected in the studys data analysis, observations, and insights.
  • The study is based on SEC Accounting and Auditing Enforcement Releases and PCAOB Disciplinary Orders issued during the period January 1, 2020 through December 31, 2020.
  • Among other things, the study includes analysis of:
    Overall enforcement activity levels of the respective enforcement programs, including major themes:
    Financial reporting enforcement matters brought by the SEC, including data and trends and categorization by: