North America

Cannae Holdings, Inc. Announces Foley Trasimene Acquisition Corp. II Filing of S-1

Tuesday, August 4, 2020 - 2:06am

Trasimene Capital FT, LP II, an affiliate of Trasimene Capital Management, LLC, is the sponsor of the Company, led by William P. Foley, II.

Key Points: 
  • Trasimene Capital FT, LP II, an affiliate of Trasimene Capital Management, LLC, is the sponsor of the Company, led by William P. Foley, II.
  • Credit Suisse Securities (USA) LLC and BofA Securities are acting as joint book-running managers for the offering.
  • The proposed offering will be made only by means of a prospectus, which forms a part of the Registration Statement.
  • Cannae was founded and is led by investor William P. Foley, II.

Lewis & Clark Bank Announces Holding Company Formation

Tuesday, August 4, 2020 - 2:06am

Lewis & Clark Bank (OTC Pink: LWCL) announced the formation of Lewis & Clark Bancorp, (the Company) a bank holding company.

Key Points: 
  • Lewis & Clark Bank (OTC Pink: LWCL) announced the formation of Lewis & Clark Bancorp, (the Company) a bank holding company.
  • Following shareholder approval, the holding company reorganization was finalized, and Lewis & Clark Bank became a wholly owned subsidiary of the Company.
  • As a result, effective on July 31, 2020, Lewis & Clark Bank shareholders became 100% shareholders of the Company.
  • In the holding company reorganization, existing shares of Lewis & Clark Bank common stock will be exchanged into one share of Lewis & Clark Bancorp common stock, the new holding company.

Foley Trasimene Acquisition Corp. II Announces Filing of S-1

Tuesday, August 4, 2020 - 2:01am

Each whole warrant entitles the holder to one share of the Companys Class A common stock at a price of $11.50 per share.

Key Points: 
  • Each whole warrant entitles the holder to one share of the Companys Class A common stock at a price of $11.50 per share.
  • Cannae Holdings is a diversified holding company, which is externally managed by Trasimene Capital Management, LLC but is not an affiliate of the Company.
  • Trasimene Capital FT, LP II, an affiliate of Trasimene Capital Management, LLC, is the sponsor of the Company, led by William P. Foley, II.
  • About Foley Trasimene Acquisition Corp. II
    Foley Trasimene Acquisition Corp. II is a newly incorporated blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

CWCI Releases New On-Line COVID-19 Claims Analysis Application

Tuesday, August 4, 2020 - 1:13am

The California Workers Compensation Institute (CWCI) has released an online application to support interactive analyses and comparisons of COVID-19 and Non-COVID-19 claims.

Key Points: 
  • The California Workers Compensation Institute (CWCI) has released an online application to support interactive analyses and comparisons of COVID-19 and Non-COVID-19 claims.
  • The application is available to the general public by clicking here .
  • The application offers four areas of analysis that will let the user explore and analyze:
    COVID-19 claim counts by month with the ability to segment and filter results by industry, region, injured worker demographics and injury characteristics
    Denial rates for COVID-19 and non-COVID-19 claims by month.
  • CWCI plans on regular refreshes of the application to keep it current as well as expanding the features and functions as additional data on claim type and average and system-wide costs become available.

IVERIC bio Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

Monday, August 3, 2020 - 11:55pm

IVERIC bio, Inc. (NASDAQ: ISEE) today reported that on August 3, 2020, the Company granted Dhaval Desai, the Companys newly hired Chief of Staff, equity based awards pursuant to the Companys 2019 Inducement Stock Incentive Plan.

Key Points: 
  • IVERIC bio, Inc. (NASDAQ: ISEE) today reported that on August 3, 2020, the Company granted Dhaval Desai, the Companys newly hired Chief of Staff, equity based awards pursuant to the Companys 2019 Inducement Stock Incentive Plan.
  • The inducement grants were approved by the Companys compensation committee pursuant to a delegation by the Companys board of directors and were made as a material inducement to the employees acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of his employment compensation.
  • The stock option has an exercise price of $4.29 per share, equal to the closing price of IVERIC bios common stock on August 3, 2020.
  • The inducement grants are subject to the terms and conditions of award agreements covering the grants and the Companys 2019 Inducement Stock Incentive Plan.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2020 for TYG, NTG, TTP, NDP, TPZ and TEAF

Monday, August 3, 2020 - 11:51pm

Tortoise invests in essential assets those assets and services that are indispensable to the economy and society.

Key Points: 
  • Tortoise invests in essential assets those assets and services that are indispensable to the economy and society.
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • is the Adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc., Tortoise Power and Energy Infrastructure Fund, Inc. and Tortoise Essential Assets Income Term Fund.
  • Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Clipper Realty Inc. to Report Second Quarter 2020 Financial Results

Monday, August 3, 2020 - 11:18pm

Clipper Realty Inc. (NYSE: CLPR) (the Company), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended June 30, 2020, after the market closes on Monday, August 10, 2020.

Key Points: 
  • Clipper Realty Inc. (NYSE: CLPR) (the Company), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended June 30, 2020, after the market closes on Monday, August 10, 2020.
  • The Company will host a conference call that same day at 5:00 PM (ET) to discuss the financial results and provide a business update pertaining to the COVID-19 pandemic.
  • The conference call can be accessed by dialing (800) 346-7359 or (973) 528-0008, conference entry code 452581.
  • A replay of the call will be available from August 10, 2020, following the call, through August 24, 2020, by dialing (800) 332-6854 or (973) 528-0005, replay conference ID 452581.

Go Behind the Year’s Biggest Visual Effects Productions During SIGGRAPH 2020 With ‘Making Of’ Sessions and Talks

Monday, August 3, 2020 - 11:09pm

The SIGGRAPH 2020 Production Sessions and Talks programs boast an impressive lineup of more than 20 behind-the-scenes looks at the making of the years most high-profile productions in film, television, and advertising.

Key Points: 
  • The SIGGRAPH 2020 Production Sessions and Talks programs boast an impressive lineup of more than 20 behind-the-scenes looks at the making of the years most high-profile productions in film, television, and advertising.
  • Hear from the best minds in visual effects (VFX) through on-demand and live virtual sessions during the first-ever online event in the conferences 47-year history, 1728 August.
  • SIGGRAPH Production Sessions and Talks continuously inspire and energize creatives in visual effects to push new boundaries and explore the limits of their existing pipelines.
  • SIGGRAPH 2020 , the 47th annual conference hosted by ACM SIGGRAPH, will take place virtually.

Surge Closes Investment in All About Learning Press

Monday, August 3, 2020 - 11:08pm

Surge Private Equity LLC (Surge) announces its investment into All About Learning Press Inc .

Key Points: 
  • Surge Private Equity LLC (Surge) announces its investment into All About Learning Press Inc .
  • Surge is bringing on an experienced operator to assist founders Marie and Greg Rippel with the growth of the company.
  • Surge Private Equity is a Dallas-based private equity firm that typically seeks majority investments in growing businesses with $2-7.5MM of EBITDA.
  • Together with its lending partners, Surge provides entrepreneurs with liquidity and investors with higher yields and greater accessibility through lower investment minimums.

Mr. Cooper Group Inc. Announces Pricing of Offering of $850 Million of Senior Notes

Monday, August 3, 2020 - 11:04pm

Mr. Cooper Group Inc. (NASDAQ: COOP) (Mr. Cooper) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (Nationstar) of $850,000,000 5.50% Senior Notes due 2028 (the Notes).

Key Points: 
  • Mr. Cooper Group Inc. (NASDAQ: COOP) (Mr. Cooper) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (Nationstar) of $850,000,000 5.50% Senior Notes due 2028 (the Notes).
  • Interest on the Notes will be payable semi-annually on February 15 and August 15 of each year, beginning on February 15, 2021.
  • The offering is expected to close on or around August 6, 2020, subject to customary closing conditions.
  • The Notes will be guaranteed on a joint and several basis by Mr. Cooper and wholly-owned domestic subsidiaries of Nationstar (other than certain excluded subsidiaries).