Pivot

SQI DIAGNOSTICS EXTENDS MATURITY DATE OF PIVOT CREDIT FACILITY AND ANNOUNCES DEFERRAL OF CERTAIN INTEREST PAYMENTS

Retrieved on: 
Wednesday, October 19, 2022

SQI also announces that the holders of its $4.05 million principal amount 8% secured debentures dated June 17, 2022 (the "Debentures"), which holders are controlled by certain insiders of SQI who are also control persons of SQI (the "Insider Lenders"), have agreed to the temporary deferral of all interest payments under the Debentures (the "Debentures Interest Deferral", together with the Pivot Interest Deferral, the "Interest Deferrals").

Key Points: 
  • SQI also announces that the holders of its $4.05 million principal amount 8% secured debentures dated June 17, 2022 (the "Debentures"), which holders are controlled by certain insiders of SQI who are also control persons of SQI (the "Insider Lenders"), have agreed to the temporary deferral of all interest payments under the Debentures (the "Debentures Interest Deferral", together with the Pivot Interest Deferral, the "Interest Deferrals").
  • The purpose of the Interest Deferrals is to provide the Company with additional working capital in the short term.
  • All deferred interest under the Credit Facility pursuant to the Pivot Interest Deferral and all deferred interest under the Debentures Interest Deferral will become due upon demand by Pivot and the holders of the Debentures, respectively, which demand may not be made earlier than December 1, 2022.
  • The maturity date of the Credit Facility was previously extended to October 28, 2022 on June 17, 2022.

Pivot Energy Secures $100 Million Revolving Loan Facility from Fundamental Renewables

Retrieved on: 
Tuesday, October 18, 2022

DENVER, Oct. 18, 2022 /PRNewswire/ --National renewable energy provider, Pivot Energy , and Fundamental Renewables , an established provider of debt financing for renewable energy projects, today announced an agreement in which Fundamental Renewables will provide a $100 million revolving development loan facility to Pivot Energy, funding a diverse range of solar and storage projects across the country.

Key Points: 
  • DENVER, Oct. 18, 2022 /PRNewswire/ --National renewable energy provider, Pivot Energy , and Fundamental Renewables , an established provider of debt financing for renewable energy projects, today announced an agreement in which Fundamental Renewables will provide a $100 million revolving development loan facility to Pivot Energy, funding a diverse range of solar and storage projects across the country.
  • "This facility for Pivot Energy underscores Fundamental Renewables' commitment to working with industry leaders that are accelerating the transition to clean energy," said Mark Domine, Managing Director, Head of Originations at Fundamental Renewables.
  • "We are thrilled to work with Fundamental Renewables on this loan," said Bret Labadie, Chief Financial Officer at Pivot Energy.
  • Fundamental Renewables is the renewable and clean energy investment arm of Fundamental and a leading provider of debt financing for renewable energy projects.

Madison Realty Capital Originates $32 Million Loan for Multifamily Development in Seattle

Retrieved on: 
Friday, October 14, 2022

The Property participates in Seattles Multifamily Tax Exemption Program by designating 20% of the residential units as affordable.

Key Points: 
  • The Property participates in Seattles Multifamily Tax Exemption Program by designating 20% of the residential units as affordable.
  • Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, Pivot offers centrally located, flexible short- and long-term living options for Seattles robust employment market.
  • Since 2004, Madison Realty Capital has completed approximately $21 billion in transactions providing borrowers with flexible and highly customized financing solutions, strong underwriting capabilities, and certainty of execution.
  • Madison Realty Capital has been named to Commercial Observers prestigious Power 100 list of New York City real estate players.

Unit4's 2022 Business Future Index: Crisis Sees 51% Embrace Accelerated Change to Outperform Business Targets

Retrieved on: 
Tuesday, October 11, 2022

LONDON, Oct. 11, 2022 /PRNewswire/ -- Unit4, a leader in enterprise cloud applications for mid-market services organizations, today announces the findings of its second annual Business Future Index.

Key Points: 
  • It also identifies business priorities for the coming year and examines the top challenges facing organizations as the world enters a difficult economic period.
  • Covid-19 pandemic impact: Over nine in 10 organizations report great acceleration across their business as a reaction to the COVID-19 pandemic.
  • Those who report major adoption of workflow automation and/or real-time reporting have felt this positive staffing benefit even more (54% and 52% respectively).
  • The Business Future Index 2022 provides a framework to justify the business case for supporting accelerated change and points to a specific action plan where investment can be targeted to deliver tangible benefits.

New Research Sheds Light on the Impact of Stress on Tobacco Users

Retrieved on: 
Tuesday, October 4, 2022

The report sheds light on the impact of stress on tobacco-using employees, how stress and tobacco use interact, where employers and employees see things differently, and most importantly - how employers can make a real difference.

Key Points: 
  • The report sheds light on the impact of stress on tobacco-using employees, how stress and tobacco use interact, where employers and employees see things differently, and most importantly - how employers can make a real difference.
  • And we know that employees are under intense levels of stress these days and often relieve that stress by using tobacco, not realizing that tobacco often exacerbates the physiological response to stress.
  • This study shows that employers are not fully aware of the link between stress and tobacco and that most incorrectly believe that their mental health services cover tobacco cessation.
  • Employees' tobacco use and workplace stress levels are both rising in a complex relationship where one spurs the other.

Pivotal Commware Announces Commercial Launch of Pivotal Turnkey Services

Retrieved on: 
Thursday, September 22, 2022

Pivotal Commware, global leader in 5G mmWave infrastructure products, announces the launch of Pivotal Turnkey Services to accelerate deployment of fixed wireless access (FWA) networks using mmWave.

Key Points: 
  • Pivotal Commware, global leader in 5G mmWave infrastructure products, announces the launch of Pivotal Turnkey Services to accelerate deployment of fixed wireless access (FWA) networks using mmWave.
  • Pivotal will showcase Turnkey Services and its mmWave ecosystem at Mobile World Congress Las Vegas in its booth W1.726, West Hall at the Las Vegas Convention Center.
  • Pivotal Turnkey uses Pivotals own product ecosystem to deliver potential FWA subscribers so network operators can focus on other growth vectors.
  • With Pivotal Turnkey, network operators target buildings with prospective subscribers and the locations of their pre-existing network elements, if any, like gNBs.

Salesforce and NBCUniversal Launch New Branded Series, "The Shift"

Retrieved on: 
Thursday, September 8, 2022

SAN FRANCISCO, Sept. 8, 2022 /PRNewswire/ -- Salesforce (NYSE: CRM) and NBCUniversal today introduced "The Shift," a new branded video series showing how seven high-growth organizations took on digital transformation during heavy market headwinds — and made it through. The series, which targets business-minded viewers, will premiere Sept. 17 at 2:30 p.m. ET during a paid-programming block on CNBC, and will also be available for streaming on CNBC.com, Peacock, and Salesforce+, the company's streaming service for live experiences and on-demand original content. CNBC Brand Studio - a part of Creative Partnerships at NBCUniversal - and Efran Films, are producing the series in partnership with Salesforce Studios.

Key Points: 
  • CNBC Brand Studio - a part of Creative Partnerships at NBCUniversal - and Efran Films, are producing the series in partnership with Salesforce Studios.
  • The new docuseries also marks the expansion of Salesforce's existing partnership with NBCUniversal.
  • In its first year since launch , Salesforce+ reached a global audience of 5 million viewers.
  • Salesforce, the global CRM leader, empowers companies of every size and industry to digitally transform and create a 360 view of their customers.

DAVIDSON HOSPITALITY GROUP SELECTED TO MANAGE ROYAL PARK HOTEL

Retrieved on: 
Wednesday, August 10, 2022

ATLANTA, Aug. 10, 2022 /PRNewswire/ -- Davidson Hospitality Group has been selected by Fairwood Capital to manage Royal Park Hotel in Rochester, Michigan under its lifestyle operating vertical, Pivot. Situated 30 miles north of Detroit on the banks of the Paint Creek River, the 143-room, AAA-Four Diamond property features an architecture that is reminiscent of an English manor house surrounded by a lush, verdant landscape. This marks Davidson's third hotel in the state of Michigan.

Key Points: 
  • Fairwood Capital Taps Pivot to Operate Upscale Boutique Hotel in Rochester, Michigan
    ATLANTA, Aug. 10, 2022 /PRNewswire/ -- Davidson Hospitality Group has been selected by Fairwood Capital to manage Royal Park Hotel in Rochester, Michigan under its lifestyle operating vertical, Pivot.
  • "As Midwest enthusiasts, we are genuinely proud to add this extraordinary lifestyle hotel to our growing portfolio," said Davidson Hospitality Group Chief Executive Officer & President Thom Geshay.
  • Royal Park Hotel offers a variety of activities including bicycle rentals, fly-fishing, firepit, and more.
  • In keeping with the company's heritage of delivering value, Davidson Hospitality Group is comprised of four highly specialized operating verticals: Davidson Hotels, Pivot, Davidson Resorts and Davidson Restaurant Group.

Liberate Yourself a new Best selling Self Help Book by Cristina Dam

Retrieved on: 
Wednesday, August 10, 2022

LOS ANGELES, Aug. 10, 2022 /PRNewswire/ -- "Finally, a self help book that just cuts to the chase.

Key Points: 
  • LOS ANGELES, Aug. 10, 2022 /PRNewswire/ -- "Finally, a self help book that just cuts to the chase.
  • Liberate prides itself on having some of the world's best practitioners to help you on your journey.
  • Keep an eye out for their newest podcast, "Pivot," to help people find ways to liberate themselves from their past and start a new life.
  • If you wish to schedule an interview or session with Cristina Dam, please contact [email protected]

Pivot Interactives Named Best of STEM by Science Educators

Retrieved on: 
Monday, July 25, 2022

MINNEAPOLIS, July 25, 2022 (GLOBE NEWSWIRE) -- Minneapolis, Minnesota Pivot Interactives, a phenomena-based, active learning tool for science teaching, has been honored with three Educators Pick Best of STEM awards, an EdTech program judged solely by science and STEM educators.

Key Points: 
  • MINNEAPOLIS, July 25, 2022 (GLOBE NEWSWIRE) -- Minneapolis, Minnesota Pivot Interactives, a phenomena-based, active learning tool for science teaching, has been honored with three Educators Pick Best of STEM awards, an EdTech program judged solely by science and STEM educators.
  • Educators named Pivot Interactives Best of STEM in three categories: Best of STEM for Phenomena-Based Teaching and Learning, Best of STEM for Video-Based Learning, and Best Resources for Analyzing and Interpreting Data.
  • We are thrilled to be recognized by science and STEM educators with this award, says Peter Bohacek, CEO and Co-Founder of Pivot Interactives.
  • At Pivot, we are educators first and foremost, and to be recognized as the Best of STEM by teachers is deeply rewarding.