Letter

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sunnova Energy International Inc. of Class Action Lawsuit and Upcoming Deadlines – NOVA

Retrieved on: 
Sunday, March 31, 2024

NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA) and certain officers.

Key Points: 
  • NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA) and certain officers.
  • To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SBA Offers Economic Assistance to Mid-Atlantic Small Businesses Affected by the Francis Scott Key Bridge Collapse

Retrieved on: 
Saturday, March 30, 2024

WASHINGTON, March 30, 2024 (GLOBE NEWSWIRE) -- Today, SBA Administrator Isabel Casillas Guzman announced that Mid-Atlantic small businesses affected by the Francis Scott Key Bridge collapse on March 26, 2024 may apply for low-interest, long-term Economic Injury Disaster Loans (EIDLs) from the U.S. Small Business Administration (SBA) .

Key Points: 
  • WASHINGTON, March 30, 2024 (GLOBE NEWSWIRE) -- Today, SBA Administrator Isabel Casillas Guzman announced that Mid-Atlantic small businesses affected by the Francis Scott Key Bridge collapse on March 26, 2024 may apply for low-interest, long-term Economic Injury Disaster Loans (EIDLs) from the U.S. Small Business Administration (SBA) .
  • “The SBA joins the entire federal family in grieving for the lives lost in the tragic collapse of the Francis Scott Key Bridge,” said Administrator Guzman.
  • The declaration applies to small businesses, small agricultural cooperatives, small aquaculture businesses, and private nonprofit organizations.
  • “The bridge collapse will impact small businesses who depend on the transportation and movement of goods from the Baltimore Harbor and along the Francis Scott Key Bridge for their economic livelihood,” said Francisco Sánchez, Jr., Associate Administrator for the SBA’s Office of Disaster Recovery and Resilience .

Battalion Oil Corporation Announces Fourth Quarter 2023 Financial and Operating Results

Retrieved on: 
Friday, March 29, 2024

HOUSTON, March 29, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the fourth quarter of 2023.

Key Points: 
  • HOUSTON, March 29, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the fourth quarter of 2023.
  • Excluding the impact of hedges, Battalion realized 99.7% of the average NYMEX oil price during the fourth quarter of 2023.
  • Lease operating and workover expense was $11.87 per Boe in the fourth quarter of 2023 versus $9.89 per Boe in the fourth quarter of 2022.
  • Gathering and other expense was $13.31 per Boe in the fourth quarter of 2023 versus $11.31 per Boe in the fourth quarter of 2022.

Rackspace Technology Announces Increase to Late Exchange Consideration for Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028

Retrieved on: 
Friday, March 29, 2024

Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.

Key Points: 
  • Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.
  • Interest on the Exchange Notes will accrue from March 12, 2024, with the first interest payment occurring on August 15, 2024.
  • Consummation of the Exchange Offer is conditioned upon the satisfaction or waiver of the conditions set forth in the Offering Memorandum.
  • persons” as defined in Rule 902 under the Securities Act and in compliance with Regulation S under the Securities Act.

NCLA Asks Ninth Circuit to Overturn SEC’s Illegal Gag Rule on Targets of Settled Enforcement Cases

Retrieved on: 
Friday, March 29, 2024

Representing several SEC enforcement targets silenced by the Gag Rule—and media organizations eager to hear the stories they wish to tell—NCLA urges the Ninth Circuit to halt this egregious trampling of First Amendment rights.

Key Points: 
  • Representing several SEC enforcement targets silenced by the Gag Rule—and media organizations eager to hear the stories they wish to tell—NCLA urges the Ninth Circuit to halt this egregious trampling of First Amendment rights.
  • SEC enacted the 1972 Gag Rule without notice and comment after falsely framing it as an internal “housekeeping” measure that would not affect third parties.
  • SEC has never provided a legitimate—much less a compelling reason—for silencing all settling enforcement targets for life.
  • NCLA has also represented Petitioner Christopher Novinger previously in appealing the gag provisions of his SEC enforcement settlement.

Jiuzi Holdings Received Nasdaq Notification Letter Related to Late Filing of Annual Report on Form 20-F

Retrieved on: 
Friday, March 29, 2024

In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Deficiency Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the “Compliance Plan”).

Key Points: 
  • In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Deficiency Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the “Compliance Plan”).
  • If Nasdaq accepts the Compliance Plan, Nasdaq may grant the Company an extension until September 10, 2024 to regain compliance.
  • The Company intends either to file its 2023 Annual Report or submit the Compliance Plan within the prescribed 60-day period.
  • This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028

Retrieved on: 
Thursday, March 28, 2024

(2) Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.

Key Points: 
  • (2) Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.
  • Interest on the Exchange Notes will accrue from March 12, 2024, with the first interest payment occurring on August 15, 2024.
  • As of 5:00 p.m., New York City time, on March 28, 2024, the right to withdraw tenders of Existing Secured Notes expired.
  • Eligible holders who tender (and do not validly withdraw) all of their Existing Secured Notes after the Early Participation Time but at or prior to the Expiration Time, and their Existing Secured Notes are accepted, will receive the Late Exchange Consideration described above.

Nilam Resources, Inc. Appoints Pranjali More as Interim Chief Executive Officer, Updates the Market Regarding the Caveat Emptor Status and Mindwave Acquisition

Retrieved on: 
Thursday, March 28, 2024

Prior to being appointed as Interim CEO, Ms. More, served as the Company’s Chief Operating Officer.

Key Points: 
  • Prior to being appointed as Interim CEO, Ms. More, served as the Company’s Chief Operating Officer.
  • As interim CEO she will be able to add continuity to operations while Nilam Resources, Inc. looks to permanently fill the Chief Executive role.
  • Xyberdata is a Mauritius corporation and financial statements from places other than Mauritius do not represent its actual financial status.
  • Nilam Resources is diligently working with OTC Markets to resolve the Caveat Emptor designation as quickly as possible.

Sunnova Energy International Inc. investors: Please contact the Portnoy Law Firm

Retrieved on: 
Thursday, March 28, 2024

LOS ANGELES, March 28, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE: NOVA) investors that an investigation has been filed on behalf of investors that purchased Sunnova securities.

Key Points: 
  • LOS ANGELES, March 28, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sunnova Energy International Inc. ("Sunnova" or the "Company") (NYSE: NOVA) investors that an investigation has been filed on behalf of investors that purchased Sunnova securities.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
  • This drop occurred after key members of the House and Senate Energy Committees requested documentation and communication records from the Energy Department concerning Sunnova.
  • The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing.

Genetron Health Announces Completion of Going Private Transaction

Retrieved on: 
Thursday, March 28, 2024

As a result of the Merger, the Company has become a wholly owned subsidiary of Parent and will cease to be a publicly traded company.

Key Points: 
  • As a result of the Merger, the Company has become a wholly owned subsidiary of Parent and will cease to be a publicly traded company.
  • The deregistration will become effective 90 days after the filing of the Form 25 or such shorter period as may be determined by the SEC.
  • The Company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by filing a Form 15 with the SEC in approximately ten days following the filing of the Form 25.
  • Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal counsel to the investor consortium (the “Consortium”), and King & Wood Mallesons is serving as PRC legal counsel to the Consortium.