Stock dilution

Levine Leichtman Capital Partners and Management Acquire In-Place Machining

Wednesday, September 22, 2021 - 12:30pm

Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, announced today that it has acquired In-Place Machining Company, LLC (IPM or the Company) in partnership with management.

Key Points: 
  • Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, announced today that it has acquired In-Place Machining Company, LLC (IPM or the Company) in partnership with management.
  • IPM is a leading provider of high-acuity field machining, metrology and diamond wire-cutting services for mission-critical infrastructure and equipment.
  • The Company has demonstrated unparalleled expertise in the on-site machining industry, expanding its reach into new geographies and end markets, while broadening its service offerings.
  • Levine Leichtman Capital Partners, LLC is a middle-market private equity firm with a 38-year track record of investing across various targeted sectors, including franchising, business services, education and engineered products.

Americold Realty Trust Updates 2021 Guidance

Tuesday, September 21, 2021 - 11:30am

Americold is the worlds largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses.

Key Points: 
  • Americold is the worlds largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses.
  • Based in Atlanta, Georgia, Americold owns and operates 246 temperature-controlled warehouses, with over 1.4 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.
  • Americolds facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.
  • For more information regarding these non-GAAP financial measures, see our supplemental information package for the second quarter ended June 30, 2021 included in the Current Report on Form 8-K filed with the SEC on August 5, 2021.

LLCP Lower Middle Market Fund III Oversubscribed With $1.38 Billion of Capital Commitments

Monday, September 20, 2021 - 1:15pm

Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, announced today the closing of LLCP Lower Middle Market Fund III, L.P. (LMM III) with total capital commitments of $1.38 billion.

Key Points: 
  • Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, announced today the closing of LLCP Lower Middle Market Fund III, L.P. (LMM III) with total capital commitments of $1.38 billion.
  • LMM III will invest primarily in U.S.-based lower middle market companies with less than $50 million of revenues.
  • We are excited to have the support of leading global investors as we continue to create value across the U.S. lower middle market.
  • LMM III is more than double the size of LLCPs previous lower middle market fund, which closed in 2016 with total capital commitments of $615 million.

CEO Spotlight: Acurx Pharmaceuticals in Focus with CEO David Luci Talking Potentially Transformative Phase 2b Trial, Pipeline, and Potential Near-Term Catalysts

Monday, September 13, 2021 - 2:48pm

Acurx Pharmaceutical's CEO tells Soulstring Media why he thinks 2021-22 can be a breakout year for his company

Key Points: 
  • Rather than speculate on each drug's market potential, HPM reached out to Mr. David Luci, CEO of Acurx, allowing him to respond to investor questions.
  • Acurx is outside that mold because we have a new class of antibiotics treating life-threatening infections with two in the class.
  • Our scientific team has indicated publicly that these data portend future success in Phase 2b and Phase 3.
  • Q: The Phase 2b trial can be transformative to Acurx, especially if data proves superior to standard of care Vancomycin in the imminent head-to-head match-up.

CEO Spotlight: Acurx Pharmaceuticals in Focus with CEO David Luci Talking Potentially Transformative Phase 2b Trial, Pipeline, and Potential Near-Term Catalysts

Monday, September 13, 2021 - 1:03pm

Acurx Pharmaceutical's CEO tells Soulstring Media why he thinks 2021-22 can be a breakout year for his company

Key Points: 
  • Rather than speculate on each drug's market potential, HPM reached out to Mr. David Luci, CEO of Acurx, allowing him to respond to investor questions.
  • Acurx is outside that mold because we have a new class of antibiotics treating life-threatening infections with two in the class.
  • Our scientific team has indicated publicly that these data portend future success in Phase 2b and Phase 3.
  • Q: The Phase 2b trial can be transformative to Acurx, especially if data proves superior to standard of care Vancomycin in the imminent head-to-head match-up.

Independent Proxy Advisory Firm ISS Recommends LSB Industries, Inc. Stockholders Vote “FOR” Exchange Transaction

Thursday, September 9, 2021 - 12:30pm

We strongly urge LSB stockholders to follow the ISS recommendation and vote `FOR' the transaction today.

Key Points: 
  • We strongly urge LSB stockholders to follow the ISS recommendation and vote `FOR' the transaction today.
  • Stockholders of record at the close of business on August 2, 2021 will be entitled to vote their shares at the Special Meeting.
  • LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets.
  • In connection with the proposed transaction, LSB has filed with the SEC a proxy statement for the special meeting of LSB stockholders and may also file other relevant documents with the SEC regarding the proposed transaction.

Bitfarms announces agreement with the City of Sherbrooke on plan to fully develop 96 MW of green Bitcoin mining infrastructure

Wednesday, September 8, 2021 - 3:39am

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Key Points: 
  • No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
  • The Company may also discuss forward-looking information or make forward-looking statements in other communications by the Company, including the conference call related to the Companys financial results.
  • The Company has also assumed that no significant events occur outside of Bitfarms normal course of business.
  • The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.

MRMP Amends 13D; Sends Follow-Up Letter to Navios Maritime Partners LP

Friday, September 3, 2021 - 12:00pm

MRMP-Managers LLC (MRMP), announced today that it has sent a follow-up letter to the Board of Directors of Navios Maritime Partners LP (the Company or NMM) (NYSE: NMM) following the announcement by the Company of certain transactions.

Key Points: 
  • MRMP-Managers LLC (MRMP), announced today that it has sent a follow-up letter to the Board of Directors of Navios Maritime Partners LP (the Company or NMM) (NYSE: NMM) following the announcement by the Company of certain transactions.
  • MRMP has attached a copy of its second letter to the Company as an exhibit to the 13D amendment filed today.
  • This press release and MRMPs follow-up letter to NMM (attached as an exhibit to the Schedule 13D/A filed today) contain forward-looking statements.
  • MRMP and its affiliates do not assume any obligation to update any forward-looking statements contained in this press release, except as required by applicable law.

Pareteum Corporation Announces First Quarter 2021 Financial Results and Provides Business Update

Friday, August 27, 2021 - 1:37am

NEW YORK, Aug. 26, 2021 /PRNewswire/ -- Pareteum Corporation (OTC: TEUM), a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced financial results for the first quarter of 2021 and provided a business update.

Key Points: 
  • Connections grew to 4.9 million in the first quarter, up from 4.6 million at the end of 2020.
  • Pareteum is a cloud software communications platform company with a mission - to Connect Every Person and Every(Thing)TM.
  • In addition, any statements that refer to expectations or other characterizations of future events or circumstances are forward-looking statements.
  • However, our actual results may differ materially from those contained in, or implied by, these forward-looking statements.

FirstService Announces Normal Course Issuer Bid

Tuesday, August 17, 2021 - 9:15pm

TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (FirstService) announced today that the Toronto Stock Exchange (the TSX) has accepted a notice filed by FirstService of its intention to make a normal course issuer bid (the NCIB) with respect to its outstanding common shares.

Key Points: 
  • TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (FirstService) announced today that the Toronto Stock Exchange (the TSX) has accepted a notice filed by FirstService of its intention to make a normal course issuer bid (the NCIB) with respect to its outstanding common shares.
  • The price which FirstService will pay for any common shares will be the market price at the time of acquisition.
  • The actual number of common shares which may be purchased pursuant to the NCIB and the timing of any such purchases will be determined by senior management of FirstService.
  • As of August 13, 2021, there were 43,868,531 common shares of FirstService outstanding, and the public float was 32,362,043 common shares.