China International Capital Corporation

Quarry City Savings and Loan Association and Community Bancorp, Inc. and Community National Bank & Trust Announce Expected Final Merger Consideration and Expected Closing Date of Merger

Retrieved on: 
Tuesday, September 20, 2022

The transaction is expected to result in the payment of$25.36per share in cash to the shareholders of Quarry City.

Key Points: 
  • The transaction is expected to result in the payment of$25.36per share in cash to the shareholders of Quarry City.
  • ("Computershare"), will commence the payment of the merger consideration to the stockholders of Quarry City on or about September 26, 2022.
  • Shareholders of Quarry City who have questions about receipt of the merger consideration should contact Computershare at (800) 546-5141.
  • Community National Bank & Trust is a community bank, headquartered in Chanute, Kansas with 39 locations in Kansas, Missouri and Oklahoma.

Silvergate Announces Appointment of Mary-Margaret Henke to Board of Directors

Retrieved on: 
Monday, September 19, 2022

Silvergate Capital Corporation (the Company or Silvergate) (NYSE:SI), the leading provider of innovative financial infrastructure solutions to the digital currency industry, today announced the appointment of Mary-Margaret Henke to the board of directors of both the Company and its subsidiary bank, Silvergate Bank.

Key Points: 
  • Silvergate Capital Corporation (the Company or Silvergate) (NYSE:SI), the leading provider of innovative financial infrastructure solutions to the digital currency industry, today announced the appointment of Mary-Margaret Henke to the board of directors of both the Company and its subsidiary bank, Silvergate Bank.
  • I am fortunate to be joining Silvergates board during this period of continued evolution for both the bank and the digital assets industry, said Mary-Margaret Henke.
  • I look forward to working in tandem with my fellow Board members and management to ensure the Company remains a leader in innovative banking solutions.
  • Mary-Margarets extensive knowledge of the financial services landscape, specifically regulatory compliance, audit and risk management, make her an asset to our board, said Alan Lane, President and CEO of Silvergate.

Applied Optoelectronics Announces Definitive Agreement to Sell its Chinese Manufacturing Facilities and Certain Assets Related to its Transceiver Business for $150 Million

Retrieved on: 
Thursday, September 15, 2022

SUGAR LAND, Texas, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI) (the “Company” or “AOI” or the “Seller”), a leading provider of fiber-optic access network products for the internet datacenter, cable television (CATV) broadband, telecom, and fiber-to-the-home (FTTH) markets, announced today that it has entered into a definitive agreement (the “Agreement”) with Yuhan Optoelectronic Technology (Shanghai) Co., Ltd. (the “Purchaser” or “Yuhan”) for the sale of its manufacturing facilities located in the People’s Republic of China and certain assets related to its transceiver business and multi-channel optical sub-assembly products for the internet datacenter, telecom, and FTTH markets for a purchase price of $150 million, less a holdback amount. The Company anticipates that the transaction will be completed in 2023 and is subject to customary closing conditions and regulatory approvals.

Key Points: 
  • Further, we believe that this transaction opens up new opportunities for customer expansion with our existing datacenter laser business, which has a large addressable market.
  • We are proud of the transceiver business that we have built, and we look forward to its growth under Yuhan Optoelectronic Technologys ownership, said Lin.
  • This transaction is part of our plan to accelerate our path to profitability, said Dr. Stefan Murry, Applied Optoelectronics Inc. Chief Financial Officer and Chief Strategy Officer.
  • Additionally, AOI expects to continue to use the manufacturing facilities in China on a contract basis to produce certain CATV products.

KraneShares Launches S&P Pan Asia Dividend Aristocrats ETF on NYSE (Ticker: KDIV)

Retrieved on: 
Thursday, September 15, 2022

"KDIV is a timely expansion of KraneShares' China and global ETF suite, which includes the $6.7bn KraneShares CSI China Internet ETF (KWEB)3 .

Key Points: 
  • "KDIV is a timely expansion of KraneShares' China and global ETF suite, which includes the $6.7bn KraneShares CSI China Internet ETF (KWEB)3 .
  • KDIV is also the first US-listed ETF to apply the S&P Dividend Aristocrats methodology to the Pan Asia region4," said Jonathan Krane, Chief Executive Officer at KraneShares.
  • KDIV applies this methodology to the Pan Asia region, an area we are particularly focused on at KraneShares," said Brendan Ahern, KraneShares Chief Investment Officer.
  • For additional information on the KraneShares S&P Pan Asia Dividend Aristocrats ETF (Ticker: KDIV), contact your financial advisor or visit kraneshares.com/kdiv .

Prospect Capital Corporation Surpasses $1 Billion Preferred Fundraising Milestone and Upsizes Extended Credit Facility to $1.584 Billion

Retrieved on: 
Friday, September 9, 2022

The Facility is increasing from $1.500 billion of commitments from 43 lenders to $1.584 billion of commitments from 44 lenders.

Key Points: 
  • The Facility is increasing from $1.500 billion of commitments from 43 lenders to $1.584 billion of commitments from 44 lenders.
  • Prospects non-traded preferred stock offers investors recurring cash income with a stable stated value, ongoing liquidity,management alignment,leverage caps, and over$4 billion of juniorcommon equity creditsupport."
  • Prospect Capital Corporation is a business development company that focuses on lending to and investing in private businesses.
  • Prospect has elected to be treated as a business development company under the Investment Company Act of 1940 (1940 Act).

Seventh Belt and Road Summit draws to successful close

Retrieved on: 
Friday, September 2, 2022

The seventh Belt and Road Summit, which ran under the theme "Heralding a New Chapter: Collaborate and Innovate", attracted more than 80 government and business leaders to share their insights.

Key Points: 
  • The seventh Belt and Road Summit, which ran under the theme "Heralding a New Chapter: Collaborate and Innovate", attracted more than 80 government and business leaders to share their insights.
  • The business matching and project pitching sessions at the summit remained popular among project owners and attendees.
  • Combined with the joint effort of more than 180 countries connected through the Belt and Road Initiative, it will further strengthen regional economic integration around the world.
  • The seventh Belt and Road Summit was made possible by its Strategic Partner, China International Capital Corporation (CICC); Regional Banking Partner, Bank of China (Hong Kong); and Platinum Sponsors, China Mobile International and China Unicom.

Prospect Capital Reschedules Fiscal Year Earnings Release Date and Conference Call

Retrieved on: 
Thursday, August 25, 2022

The company also announced it has rescheduled its conference call to Tuesday, August 30, 2022 at 11:00 a.m. Eastern Time.

Key Points: 
  • The company also announced it has rescheduled its conference call to Tuesday, August 30, 2022 at 11:00 a.m. Eastern Time.
  • The conference call will also be available via a live listen-only webcast on the Companys website, www.prospectstreet.com .
  • A replay of the audio webcast will be available on the Company's website for approximately 30 days following the conference call.
  • Prospect Capital Corporation ( www.prospectstreet.com ) is a business development company that focuses on lending to and investing in private businesses.

Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call

Retrieved on: 
Friday, August 19, 2022

The Company also expects to issue its earnings press release on Wednesday, August 24, 2022 after the close of the markets.

Key Points: 
  • The Company also expects to issue its earnings press release on Wednesday, August 24, 2022 after the close of the markets.
  • The Company will host a conference call on Thursday, August 25, 2022 at 12:00 p.m. Eastern Time.
  • A replay of the audio webcast will be available on the Company's website for approximately 30 days following the conference call.
  • Prospect Capital Corporation ( www.prospectstreet.com ) is a business development company that focuses on lending to and investing in private businesses.

Asia Pacific Ground Engaging Tools Market to Reach $1.49 Billion by 2028 - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 11, 2022

The "Asia Pacific Ground Engaging Tools Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application, Tools Type, and End-Use" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asia Pacific Ground Engaging Tools Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application, Tools Type, and End-Use" report has been added to ResearchAndMarkets.com's offering.
  • The growth in Asia Pacific ground engaging tools market is attributed to the advent of artificial intelligence as it saves time, lowers expenses, uplifts production, and improves equipment accuracy.
  • The advantages of frequently replacing ground engaging tools are further anticipated to increase the sales of these tools in agricultural & forestry verticals, bolstering the Asia Pacific ground engaging tools market.
  • Based on application, the Asia Pacific ground engaging tools market is segmented into excavators, loaders, bulldozers, and others.

Carbonstop Secures 100M Yuan in Round-B Financing, led by Sequoia China and followed by its original shareholders GL Ventures and Matrix Partners

Retrieved on: 
Monday, August 8, 2022

BEIJING, Aug. 8, 2022 /PRNewswire/ --On 1st August 2022, Carbonstop, China's first carbon emissions management software and consulting solutions provider, completed a round B of financing worth 100 million yuan ($14.82 million), led by Sequoia China and followed by its original shareholders GL Ventures and Matrix Partners.

Key Points: 
  • BEIJING, Aug. 8, 2022 /PRNewswire/ --On 1st August 2022, Carbonstop, China's first carbon emissions management software and consulting solutions provider, completed a round B of financing worth 100 million yuan ($14.82 million), led by Sequoia China and followed by its original shareholders GL Ventures and Matrix Partners.
  • This funding will be used for the research and development of carbon management software products and the expansion of consulting, marketing, and business teams.
  • In the past five years, Carbonstop has shown rapid growth, with an annual compound growth rate of more than 100%.
  • Also, Carbonstop established the world's largest Carbon Emission Factor database to scientifically guide various industries to calculate carbon emissions.