Financial capital

Ashcroft Capital Hires Bill Kay as Managing Director of Capital Markets

Retrieved on: 
Thursday, July 15, 2021
Finance, Money, Investment, Institutional Investor, Apollo Global Management, Financial capital, Private equity, Financial markets, Equity securities

NEW YORK, July 15, 2021 /PRNewswire/ -- Ashcroft Capital , a fully integrated multifamily investment firm, today announced the addition of Bill Kay as managing director of capital markets.

Key Points: 
  • NEW YORK, July 15, 2021 /PRNewswire/ -- Ashcroft Capital , a fully integrated multifamily investment firm, today announced the addition of Bill Kay as managing director of capital markets.
  • Kay will lead all capital markets activities at Ashcroft, with a focus on equity relationships with institutional investors such as real estate funds, endowments, foundations, major insurers, sovereign wealth funds, pensions and family offices.
  • Prior to joining Ashcroft, Kay held senior leadership roles at Lubert-Adler Real Estate, Apollo Global Management, Morgan Stanley AIP and others.
  • Since its inception, Ashcroft Capital has acquired more than 11,500units totaling more than $1.3 billion in value.

Martin Bernstein Joins Synchronoss Board of Directors

Retrieved on: 
Monday, July 12, 2021
Articles, Financial capital, Recapitalization, Board of directors, Business

BRIDGEWATER, N.J., July 12, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, is pleased to announce that Martin Bernstein has joined its Board of Directors, effective immediately.

Key Points: 
  • BRIDGEWATER, N.J., July 12, 2021 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, is pleased to announce that Martin Bernstein has joined its Board of Directors, effective immediately.
  • Bernstein was appointed to the Board in connection with the recent recapitalization of Synchronoss, and serves as a representative of B. Riley Financial, Inc. (NASDAQ: RILY) (B. Riley), the companys largest shareholder.
  • On behalf of our entire Board, I am pleased to welcome Marty to our team, said Stephen Waldis, Founder and Executive Chairman of the Synchronoss Board of Directors.
  • Bernstein commented, It is an honor to join the Synchronoss board after working closely with Steve, Jeff, and the entire Synchronoss team on the recent recapitalization.

Foundry Launches To Grow Enduring Omni-Digital Brands, Raises $100 Million of Long-Term Private Equity Capital

Retrieved on: 
Monday, July 12, 2021
Technology, Marketing, Advertising, Communications, Professional services, Small business, Internet, Retail, Online Retail, Finance, Money, Economy, Alternative investment management companies, Corporate finance, Investment, Private equity, Private-equity firm, Financial capital, Foundry, LightBay Capital, Monogram Capital Partners, FOUNDRY, LIGHTBAY CAPITAL, MONOGRAM CAPITAL PARTNERS

Foundry, the brand platform that acquires, nurtures and grows enduring online brands, officially launches today with $100 million in debt-free equity capital from LightBay Capital and Monogram Capital Partners.

Key Points: 
  • Foundry, the brand platform that acquires, nurtures and grows enduring online brands, officially launches today with $100 million in debt-free equity capital from LightBay Capital and Monogram Capital Partners.
  • Foundry will also offer flexible purchase arrangements that allow brand owners to maintain a portion of their equity and have ongoing participation, as desired.
  • We are delighted to be partnering with the Foundry leadership team and Monogram Capital as long-term investors in the company.
  • LightBay Capital is a Los Angeles-based growth-focused private equity firm that applies a flexible capital approach to middle-market investing.

Northern Vertex Announces Debenture Payment and Option Grant

Retrieved on: 
Friday, July 2, 2021
Finance, Money, Sports, Corporate finance, Debenture, Debt, Financial capital

The Company will pay to each such debenture holder approximately 7.75 common shares per $100 principal amount of Debentures held as at the applicable interest payment record date.

Key Points: 
  • The Company will pay to each such debenture holder approximately 7.75 common shares per $100 principal amount of Debentures held as at the applicable interest payment record date.
  • The issuance of common shares in payment of interest remains subject to TSX Venture Exchange approval.
  • Northern Vertex Engages Proconsul Capital Ltd.
    Eclipse has entered into an investment relations agreement (the "Agreement") with Proconsul Capital Ltd. ("Proconsul").
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/northern-vertex-announces-deben...
    SOURCE Northern Vertex Mining Corp.

DGAP-News: BP p.l.c.: Total voting rights and share capital

Retrieved on: 
Thursday, July 1, 2021
Financial markets, Corporate finance, Financial economics, Finance, Stock market, Equity securities, Corporate law, Financial capital, Treasury stock, Share capital, Issued shares, BP

As at 30 June 2021, the issued share capital of BP p.l.c.

Key Points: 
  • As at 30 June 2021, the issued share capital of BP p.l.c.
  • comprised 20,239,233,502 ordinary shares (excluding treasury shares) par value US$0.25 per share, each with one vote; and 12,706,252 preference shares par value 1 per share with two votes for every 5 in nominal capital held.
  • The number of ordinary shares which have been bought back and are held in treasury by BP p.l.c.
  • The total number of voting rights in BP p.l.c.

DigitalAMN Reminds Shareholders of Upcoming Conference Call – Wednesday, June 30th at 4:30 p.m. EDT

Retrieved on: 
Wednesday, June 30, 2021
Corporate finance, Shareholders, Financial economics, Balance sheet, Equity, Financial capital, Stock market, Finance

NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- Digital Asset Monetary Network, Inc. (DigitalAMN or the Company) ( OTCMKTS: DATI ), a Public Accelerator-Incubator (PAI), reminds its shareholders that today (Wednesday, June 30), the Company is hosting its first shareholder conference call at 4:30 p.m. EDT.

Key Points: 
  • NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- Digital Asset Monetary Network, Inc. (DigitalAMN or the Company) ( OTCMKTS: DATI ), a Public Accelerator-Incubator (PAI), reminds its shareholders that today (Wednesday, June 30), the Company is hosting its first shareholder conference call at 4:30 p.m. EDT.
  • Most important, while doing this, DigitalAMNcan generate short-term revenue, cultivatepotential long-term revenueopportunities,and potentially build an equity portfoliothatcontributes to a growing asset value.
  • Mr. Watson concluded, I look forward to making our first presentation to DigitalAMNs long-time supporters and future shareholders.
  • As a PAI, Digital Asset Monetary Network will develop and acquire innovations that solve problems through digital platforms and other electronic applications.

Citi Announces 2021 Stress Capital Buffer Requirement

Retrieved on: 
Monday, June 28, 2021
Banking, Professional services, Finance, Capital requirement, Financial services, Finance, Money, Tier 1 capital, Capital adequacy ratio, Financial capital, Common equity

The Federal Reserve Board communicated that Citis 2021 Stress Capital Buffer (SCB) requirement will increase from the currently effective requirement of 2.5% to 3.0% for the four quarter window of 4Q 2021 3Q 2022.

Key Points: 
  • The Federal Reserve Board communicated that Citis 2021 Stress Capital Buffer (SCB) requirement will increase from the currently effective requirement of 2.5% to 3.0% for the four quarter window of 4Q 2021 3Q 2022.
  • Citis minimum regulatory requirement under the Advanced Approaches (using the fixed 2.5% Capital Conservation Buffer) will remain unchanged at 10.0%.
  • As of the first quarter of 2021, Citis Common Equity Tier 1 Capital ratio was 11.8% under both the Standardized and Advanced Approaches.
  • Our targeted Common Equity Tier 1 Capital ratio already contemplates periodic volatility in regulatory capital requirements under the SCB framework.

PJSC RusHydro: Hydroinvest purchases RusHydro's shares

Retrieved on: 
Monday, June 28, 2021
Corporate law, Financial capital, Share capital, Share, Corporate finance, Finance, Financial economics

PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that it has received a notification from subsidiaries of RusHydro, confirming that JSC Hydroinvest (INN (TIN) 7814382859; OGRN (PSRN) 1077847558381) has purchased 422,168,010 RusHydro's ordinary shares (state registration number 1-01-55038-E of 22.02.2005; ISIN RU000A0JPKH7).

Key Points: 
  • PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that it has received a notification from subsidiaries of RusHydro, confirming that JSC Hydroinvest (INN (TIN) 7814382859; OGRN (PSRN) 1077847558381) has purchased 422,168,010 RusHydro's ordinary shares (state registration number 1-01-55038-E of 22.02.2005; ISIN RU000A0JPKH7).
  • As of June 25, 2021 JSC Hydroinvest held 3,852,259,324 ordinary shares in PJSC RusHydro, representing 0.88% of the share capital and voting rights in the Company.
  • JSC Hydroinvest previously held 0.78% stake in PJSC RusHydro or 3,430,091,314 shares.
  • The shares were acquired based on agreements concluded with companies of RusHydro Group:
    271,302,097 shares, representing 0.06% of the share capital in the Company were purchased from JSC Zaramagskiye HPPs, INN (TIN): 1505008701;
    73,093,031 shares, representing 0.02% of the share capital in the Company were purchased from PJSC FEEC, INN (TIN): 2723088770;
    48,511,631 shares, representing 0.01% of the share capital in the Company were purchased from JSC RAO ES of the East, INN (TIN): 2801133630;
    29,205,310 shares, representing 0.007% of the share capital in the Company were purchased from JSC ChirkeiGESstroi, INN (TIN): 0533001760;
    55,941 shares, representing 0.000013% of the share capital in the Company were purchased from PJSC Yakutskenergo, INN (TIN): 1435028701.

Sunwave Partners with Level Equity to Further Accelerate Growth

Retrieved on: 
Thursday, June 24, 2021
Corporate finance, Equity securities, Stock market, Financial economics, Finance, Balance sheet, Equity, Financial capital, Shareholders

"We couldn't be more excited to welcome Level Equity and feel fortunate to have investors that share our long-term vision.

Key Points: 
  • "We couldn't be more excited to welcome Level Equity and feel fortunate to have investors that share our long-term vision.
  • Blueprint Equity Managing Partner, Bobby Ocampo stated, "The growth of Sunwave over the past few years has been incredibly impressive.
  • Together with Blueprint and Level Equity, Sunwave is poised to acquire more market share and continue delivering best-in-class technology.
  • Based in New York and San Francisco, Level Equity is a growth equity firm focused on providing capital to rapidly growing software and internet companies.

Pay Equity Company Syndio Announces Investment from Penny Jar Capital

Retrieved on: 
Tuesday, June 22, 2021
Financial markets, Corporate finance, Equity securities, Financial economics, Balance sheet, Equity, Financial capital, Shareholders, Stock market, Bessemer, PagerDuty

SEATTLE, June 22, 2021 /PRNewswire/ -- Syndio , maker of pay equity software used by hundreds of Fortune 2000 companies, today announced a seven-figure investment from Penny Jar Capital, an early-stage investment firm anchored by two-time NBA MVP Stephen Curry.The investment will fuel Syndio's continued commitment to help organizations establish lasting workplace equity.

Key Points: 
  • SEATTLE, June 22, 2021 /PRNewswire/ -- Syndio , maker of pay equity software used by hundreds of Fortune 2000 companies, today announced a seven-figure investment from Penny Jar Capital, an early-stage investment firm anchored by two-time NBA MVP Stephen Curry.The investment will fuel Syndio's continued commitment to help organizations establish lasting workplace equity.
  • Companies like Salesforce, Adobe, General Mills, PagerDuty and Nordstrom rely on Syndio's advanced pay equity software to eliminate hiring and promotion bias, improve diversity, and ensure equitable pay.
  • "Syndio is an objective solution that removes unconscious bias from the equation and changes the way business leaders tackle workplace equity, making pay equity the standard for companies around the world."
  • Penny Jar Capital joins existing Syndio investors Bessemer Venture Partners, Emerson Collective, and Voyager Capital.