Financial capital

SFW Capital Completes Majority Recapitalization of Granite River Labs

Wednesday, May 12, 2021 - 1:30pm

b'RYE, N.Y. and SANTA CLARA, Calif., May 12, 2021 /PRNewswire/ -- SFW Capital Partners , LP("SFW"), a specialized private equity firm today announced that it has completed a majority recapitalization of GraniteRiver Labs ("GRL") , a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.

Key Points: 
  • b'RYE, N.Y. and SANTA CLARA, Calif., May 12, 2021 /PRNewswire/ -- SFW Capital Partners , LP("SFW"), a specialized private equity firm today announced that it has completed a majority recapitalization of GraniteRiver Labs ("GRL") , a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.
  • Co-founders Johnson Tan and Quintin Anderson will continue to lead the business and remain significant shareholders.
  • GRL is a trusted partner to companies ranging from small, emerging hardware developers to leading global technology brands.
  • "After deciding to bring on a partner to help us grow, we spoke with a wide variety of organizations, and SFW immediately stood out.

SFW Capital Completes Majority Recapitalization of Granite River Labs

Wednesday, May 12, 2021 - 1:30pm

b'RYE, N.Y. and SANTA CLARA, Calif., May 12, 2021 /PRNewswire/ -- SFW Capital Partners , LP("SFW"), a specialized private equity firm today announced that it has completed a majority recapitalization of GraniteRiver Labs ("GRL") , a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.

Key Points: 
  • b'RYE, N.Y. and SANTA CLARA, Calif., May 12, 2021 /PRNewswire/ -- SFW Capital Partners , LP("SFW"), a specialized private equity firm today announced that it has completed a majority recapitalization of GraniteRiver Labs ("GRL") , a global leader in test and certification services and automated test solutions for digital connectivity and charging technologies.
  • Co-founders Johnson Tan and Quintin Anderson will continue to lead the business and remain significant shareholders.
  • GRL is a trusted partner to companies ranging from small, emerging hardware developers to leading global technology brands.
  • "After deciding to bring on a partner to help us grow, we spoke with a wide variety of organizations, and SFW immediately stood out.

HIRE Technologies Announces $5 Million Private Placement of Convertible Debenture Units

Wednesday, May 12, 2021 - 12:30pm

b'NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES\nTORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- HIRE Technologies Inc. (TSXV: HIRE) ("HIRE" or the "Company"), a company focused on modernizing and digitizing human resources solutions, is pleased to announce that it has entered into an agreement with Eight Capital to lead a brokered best efforts private placement of up to $5,000,000 aggregate principal amount of convertible debenture units (the "Convertible Debenture Units") at a price of $1,000 per Convertible Debenture Unit (the \xe2\x80\x9cOffering\xe2\x80\x9d).

Key Points: 
  • b'NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES\nTORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- HIRE Technologies Inc. (TSXV: HIRE) ("HIRE" or the "Company"), a company focused on modernizing and digitizing human resources solutions, is pleased to announce that it has entered into an agreement with Eight Capital to lead a brokered best efforts private placement of up to $5,000,000 aggregate principal amount of convertible debenture units (the "Convertible Debenture Units") at a price of $1,000 per Convertible Debenture Unit (the \xe2\x80\x9cOffering\xe2\x80\x9d).
  • Eight Capital will have an option to sell up to 750 additional Convertible Debenture Units for a maximum aggregate gross proceeds from the Offering of $5,750,000.\nPursuant to the Offering, each Convertible Debenture Unit will be comprised of one unsecured convertible debenture (the \xe2\x80\x9cConvertible Debenture\xe2\x80\x9d) of the Company in the principal amount of $1,000 and common share purchase warrants (the \xe2\x80\x9cWarrants\xe2\x80\x9d) exercisable for 50% of the number of common shares issuable on conversion of a Convertible Debenture.
  • The company owns and operates staffing firms as well as platform technology that it uses to help those firms become more technologically advanced.
  • HIRE has a large recurring revenue base and helps our clients manage change in the workplace in order to achieve success.\n'

Eve Sleep plc: Director Share Purchase

Tuesday, May 11, 2021 - 4:06pm

b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\neve Sleep plc, the direct to consumer sleep wellness brand operating in the UK, Ireland and France has been notified that on 11 May 2021 Masood Choudhry, Non-Executive Director, purchased 100,000 ordinary shares of 0.1p each in the Company (Ordinary Shares) at an average price of 4.872p.\nFollowing the above transaction, Masood Choudhry has a total beneficial holding of 100,000 Ordinary Shares and no options in the Company.

Key Points: 
  • b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\neve Sleep plc, the direct to consumer sleep wellness brand operating in the UK, Ireland and France has been notified that on 11 May 2021 Masood Choudhry, Non-Executive Director, purchased 100,000 ordinary shares of 0.1p each in the Company (Ordinary Shares) at an average price of 4.872p.\nFollowing the above transaction, Masood Choudhry has a total beneficial holding of 100,000 Ordinary Shares and no options in the Company.
  • The Ordinary Shares represent 0.036% of the entire current share capital of the Company.\nThe notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.\n'

Cortus Leads Nevada's New Age of Discovery, Exercises Option to Acquire Intermont and Arranges Private Placement

Tuesday, May 11, 2021 - 2:00pm

Cortus and its shareholders will benefit from the resulting payments of cash, shares and royalties, as well as equity in spin-outs.

Key Points: 
  • Cortus and its shareholders will benefit from the resulting payments of cash, shares and royalties, as well as equity in spin-outs.
  • Each whole warrant (a "Warrant") will entitle the holder to acquire an additional common share at a price of $0.25 per share for a period of 24 months.
  • This list is not exhaustive of the factors that may affect any of the Company\'s forward-looking statements.
  • These and other factors should be considered carefully and readers should not place undue reliance on the Company\'s forward-looking statements.

Sports Venues of Florida (OTCMKTS: BTHR) Releases Management Report for the Week Ended May 8, 2021

Tuesday, May 11, 2021 - 2:00pm

Our plan called for the acquisition of 80 to 300 acres of land along the I-4 corridor between Tampa and Orlando, Florida.

Key Points: 
  • Our plan called for the acquisition of 80 to 300 acres of land along the I-4 corridor between Tampa and Orlando, Florida.
  • The Company needed to find equity investors that would contribute between $76 & $190 million to complete its first complex.
  • Management went down many paths to raise the capital, some dark, some promising and some utterly a waste of time.
  • I could not be prouder of a team of professionals than I am the management of our Company.

ECB updates treatment of leverage ratio in the Eurosystem monetary policy counterparty framework

Saturday, May 8, 2021 - 12:04am

7 May 2021

Key Points: 
  • 7 May 2021

    The European Central Bank (ECB) has today published amendments to its monetary policy implementation Guideline[1] to give effect to the leverage ratio becoming a binding Pillar 1 own-funds requirement.

  • The amended guideline implements a decision taken by the Governing Council on 6 May 2021.
  • [2]

    Under the amended Guideline, automatic measures are applied in case of breaches of the leverage ratio requirement or in case the information on the leverage ratio is incomplete or not made available in time.

  • As of 28 June 2021, the treatment of the leverage ratio in the Eurosystem monetary policy counterparty framework will be aligned with that of existing Pillar 1 own-funds requirements, consisting of the common equity tier 1 capital ratio, the tier 1 capital ratio and the total capital ratio.

AXIS Capital Declares Quarterly Dividends

Friday, May 7, 2021 - 9:15pm

b'AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.42 per common share payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.\nIn addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share (equivalent to $0.34375 per depositary share) payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.\nAXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders\' equity at March 31, 2021 of $5.2 billion and locations in Bermuda, the United States, Europe, Singapore and Canada.

Key Points: 
  • b'AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.42 per common share payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.\nIn addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share (equivalent to $0.34375 per depositary share) payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.\nAXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders\' equity at March 31, 2021 of $5.2 billion and locations in Bermuda, the United States, Europe, Singapore and Canada.
  • Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor\'s and "A" ("Excellent") by A.M. Best.
  • For more information about AXIS Capital, visit our website at www.axiscapital.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210507005381/en/\n'

Custodian REIT plc : Issue of equity

Friday, May 7, 2021 - 6:01pm

b'Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nCustodian REIT (LSE: CREI), the UK commercial real estate investment company, announces that to satisfy investor demand, 550,000 new ordinary shares of 1 pence each in the capital of the Company ("the New Shares") were issued today under its ordinary share block listing facility.

Key Points: 
  • b'Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nCustodian REIT (LSE: CREI), the UK commercial real estate investment company, announces that to satisfy investor demand, 550,000 new ordinary shares of 1 pence each in the capital of the Company ("the New Shares") were issued today under its ordinary share block listing facility.
  • The New Shares were issued at 101.5 pence per share, raising \xc2\xa3558,250 (before costs and expenses).\nFollowing this issue, the Company\'s issued share capital comprises 420,603,344 ordinary shares.\n'

Ladder Capital Corp Reports Results for the Quarter Ended March 31, 2021

Thursday, May 6, 2021 - 9:15pm

b'For the fourth quarter of 2020, the Company began utilizing distributable earnings, distributable EPS, and after-tax distributable return on average equity (\xe2\x80\x9cROAE\xe2\x80\x9d), non-GAAP financial measures, as supplemental measures of our operating performance.

Key Points: 
  • b'For the fourth quarter of 2020, the Company began utilizing distributable earnings, distributable EPS, and after-tax distributable return on average equity (\xe2\x80\x9cROAE\xe2\x80\x9d), non-GAAP financial measures, as supplemental measures of our operating performance.
  • This adjustment is reflected in distributable earnings when there is a true risk transfer on the mortgage loan transfer and settlement.
  • However, fluctuations in the fair value of the related assets are not included in our income statement.
  • These are reflected as \xe2\x80\x9cAdjustments for unrecognized derivative results\xe2\x80\x9d for purposes of computing distributable earnings for the period.