Stock

Kessler Topaz Meltzer & Check, Llp Announces a Securities Fraud Class Action Filed Against Slack Technologies, Inc.

Monday, October 14, 2019 - 10:38pm

On June 20, 2019, Slack filed its prospectus on a Form 424B4 with the SEC, which forms part of the Registration Statement.

Key Points: 
  • On June 20, 2019, Slack filed its prospectus on a Form 424B4 with the SEC, which forms part of the Registration Statement.
  • Slack registered for the resale of up to 118,429,640 shares of Class A common stock by registered shareholders at a reference price of $26.00.
  • Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check.
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Financial markets, Finance, Money, Stock market, Corruption, Common law, Equity, Fiduciary, Prospectus, Securities fraud, Stock

Aethlon Announces Reverse Stock Split

Monday, October 14, 2019 - 8:55pm

Following the special meeting of stockholders, the Board of Directors approved a 1-for-15 reverse stock split.

Key Points: 
  • Following the special meeting of stockholders, the Board of Directors approved a 1-for-15 reverse stock split.
  • All warrants to purchase common stock, stock options and restricted stock units of the Company outstanding immediately prior to the reverse stock split have been proportionally adjusted.
  • No fractional shares of common stock will be issued as a result of the reverse stock split.
  • Aethlon's transfer agent, Computershare Trust Company, N.A., is acting as the exchange agent for the reverse stock split.
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Financial markets, Finance, Stock market, Money, Corporate finance, Equity securities, Reverse stock split, Computershare, Stock split, Stock, Warrant, Common stock

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against electroCore, Inc.

Monday, October 14, 2019 - 4:00pm

In June 2018, electroCore completed its initial public offering (IPO) in which it sold 5.2 million shares of its common stock at $15.00 per share.

Key Points: 
  • In June 2018, electroCore completed its initial public offering (IPO) in which it sold 5.2 million shares of its common stock at $15.00 per share.
  • On this news, the Companys share price fell $1.58, nearly 29%, to close at $3.75 per share on May 15, 2019, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles
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Financial markets, Finance, Financial economics, Corporate finance, Stock market, Initial public offering, Stock

Dinatrum presents a valuation of Real Estate Ownership using Industry Parameters

Monday, October 14, 2019 - 1:29pm

Recently Dinatrum mentioned in a Press Release that the company had improved its situation considerably since it was listed in the Stock Exchange year ago.

Key Points: 
  • Recently Dinatrum mentioned in a Press Release that the company had improved its situation considerably since it was listed in the Stock Exchange year ago.
  • We are also a Cannabis Industrial Real Estate Investor as we currently have begun to set a strong foot with some of our future new partners.
  • We will provide additional numbers like Valuation Multiples as we discuss this with our closest advisors and industry liaisons.
  • We are posting this because transparency is important, and our Shareholders must be informed of Real Estate Industry Facts, as several key shareholders have suggested.
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Economy, Finance, Money, Stock market, Corporate finance, Financial economics, Stock, Shareholder, Investor, Valuation

Global Arena Holding Annual Shareholder Meeting Exceeds Quorum And Passes Proposals with Clear Majority Support

Sunday, October 13, 2019 - 6:01pm

NEW YORK, NY, Oct. 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE Global Arena Holding, Inc. (the Company) (OTC PINK: GAHC), announced today, the company has completed its Annual Meeting of Stockholders (the Annual Meeting) on October 11, 2019 with its proposals receiving majority support from its shareholders.

Key Points: 
  • NEW YORK, NY, Oct. 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE Global Arena Holding, Inc. (the Company) (OTC PINK: GAHC), announced today, the company has completed its Annual Meeting of Stockholders (the Annual Meeting) on October 11, 2019 with its proposals receiving majority support from its shareholders.
  • I am pleased with the results of the Annual Meeting as it demonstrates our shareholders approval of the Companys current direction and trajectory, said John S. Matthews, CEO.
  • The Annual Meeting process was supported by: Clear Trust LLC, Broadridge, Mediant and Laurel Hill Advisory Group.
  • CONTACT: Global Arena Holding, Inc. 208 East 51stStreet Suite 112 New York, NY 10022 kathryn@globalarenaholding.com Tel: 646-801-5524 www.globalarenaholding.com
Tags: 
Finance, Money, Financial economics, Corporate finance, Stock, Stock market, Annual general meeting

Provident Bancorp, Inc. Announces Results of Stock Offering and Expected Closing Date

Friday, October 11, 2019 - 10:00pm

The Companys stock is expected to cease trading at the close of business on October 16, 2019.

Key Points: 
  • The Companys stock is expected to cease trading at the close of business on October 16, 2019.
  • A total of 10,212,397 shares of common stock are expected to be sold in the subscription and community offerings at a price of $10.00 per share.
  • Approximately 19,484,489 shares of New Provident common stock are expected to be outstanding after the completion of the offering and the exchange, before taking into account adjustments for fractional shares.
  • The Banks employee stock ownership plan will also have its order filled in full, and will purchase 816,992 shares in the offering.
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Finance, Money, Financial economics, Corporate finance, Equity securities, Stock, Initial public offering, Employee stock ownership, Share, Stock dilution

Spherix Sets Record Date for Dividend Distribution

Friday, October 11, 2019 - 7:15pm

NEW YORK, Oct. 11, 2019 /PRNewswire/ -- Spherix Incorporated (Nasdaq: SPEX) today announced that on October 2, 2019, the Board of Directors of Spherix Incorporated ("Spherix") approved a distribution to Spherix stockholders of 100,000 shares of Hoth Therapeutics, Inc. ("Hoth") held by Spherix.

Key Points: 
  • NEW YORK, Oct. 11, 2019 /PRNewswire/ -- Spherix Incorporated (Nasdaq: SPEX) today announced that on October 2, 2019, the Board of Directors of Spherix Incorporated ("Spherix") approved a distribution to Spherix stockholders of 100,000 shares of Hoth Therapeutics, Inc. ("Hoth") held by Spherix.
  • Each Spherix stockholder will be entitled to receive one (1) share of Hoth common stock for every twenty-nine (29) shares of Spherix common stock held as of 5 p.m. Eastern Time on October 21, 2019, the record date.
  • Spherix stockholders do not need to pay any consideration for, surrender or exchange shares of Spherix common stock.
  • These forward-looking statements should not be relied upon as representing Spherix's assessments as of any date subsequent to the date of this communication.
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Financial markets, Finance, Money, Equity securities, Corporate finance, Stock market, Dividends, Common stock, Ex-dividend date, Stock, Share, NASDAQ

Profound Medical Corp. Announces Share Consolidation in Connection With Proposed Nasdaq Listing

Friday, October 11, 2019 - 4:00pm

The Company believes that the Consolidation should permit it to qualify for a potential listing on The NASDAQ Stock Market LLC (Nasdaq).

Key Points: 
  • The Company believes that the Consolidation should permit it to qualify for a potential listing on The NASDAQ Stock Market LLC (Nasdaq).
  • As a result of the Consolidation, Profound expects to have approximately 11.8 million Common Shares outstanding.
  • The exercise price and the number of Common Shares issuable under Profounds outstanding share options and warrants will be proportionally adjusted as a result of the Consolidation.
  • The listing of the Common Shares on Nasdaq is dependent upon satisfaction of all necessary listing requirements.
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Finance, Financial markets, Money, Stock market, Corporate finance, Equity securities, Economy of New York City, NASDAQ, Consolidation, Warrant, Listing, Stock

Lumina Gold Announces Granting of Options

Friday, October 11, 2019 - 12:30pm

VANCOUVER, British Columbia, Oct. 11, 2019 (GLOBE NEWSWIRE) -- Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the Company or Lumina) announces that it has granted incentive stock options under the Company's stock option plan to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 7,105,000 common shares of the Company.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 11, 2019 (GLOBE NEWSWIRE) -- Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the Company or Lumina) announces that it has granted incentive stock options under the Company's stock option plan to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 7,105,000 common shares of the Company.
  • The Company has compensated First Globe for its services by granting to First Globe options to purchase up to 100,000 common shares of the Company.
  • First Globe does not otherwise have any relationship with or hold any securities of the Company, except for previously granted stock options.
  • Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador.
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Stock market, Financial economics, Economy, Corporate finance, Globe Telecom, Stock, Option, Security, Corporations

Global Stock Video Market 2019-2023 | Growing Demand for Stock Videos Captured by Drones to Boost Growth | Technavio

Friday, October 11, 2019 - 1:00pm

View the full release here: https://www.businesswire.com/news/home/20191011005223/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191011005223/en/
    Technavio has announced its latest market research report titled global stock video market 2019-2023.
  • Thus, the growing use of social media platforms will boost the growth of the stock video market during the forecast period.
  • The rise in the availability of such stock videos captured by drones is likely to increase the demand for stock videos among end-users.
  • Thus, with the growing demand for stock videos captured by drones, the market for stock video is expected to showcase a positive outlook during the forecast period.
Tags: 
Technology, Audio, Video, Corporate finance, Stock