Ticker symbol

EQS-News: RENK Group AG goes public

Retrieved on: 
Wednesday, February 7, 2024

Since October 2020, RENK Group AG is owned by the investment firm Triton, who will continue to hold the majority of the shares in the company.

Key Points: 
  • Since October 2020, RENK Group AG is owned by the investment firm Triton, who will continue to hold the majority of the shares in the company.
  • Susanne Wiegand, CEO of RENK Group AG, said: “Today is a special day for RENK.
  • The confidence of our investors and the megatrends of the ‘Zeitenwende’ and the energy transition are giving us additional tailwinds.”
    Christian Schulz, CFO of RENK Group AG, said: “We are already present all over the world and are a technology leader in many areas.
  • Claus von Hermann, Chairman of the Supervisory Board of RENK Group AG and Member of the Investment Advisory Committee at Triton, said: “RENK’s entry into the stock market today underlines the successful development, which RENK has proven over the past years.

EQS-News: RENK Group AG and Triton decided for final private placement volume of RENK Group AG shares

Retrieved on: 
Tuesday, February 6, 2024

to institutional investors in an accelerated bookbuilding process

Key Points: 
  • to institutional investors in an accelerated bookbuilding process
    The final offer will include 33,333,333 shares held by the selling shareholder Rebecca BidCo S.à r.l.
  • RENK Group AG shares are expected to be traded on the regulated market of the Frankfurt Stock Exchange (Prime Standard) starting February 7, 2024, under the Ticker Symbol R3NK.
  • Following the listing, Triton will continue to hold the majority of the shares of RENK Group AG.
  • The expected free float amounts to 27% (excluding around 6.67 million shares purchased by KNDS N.V. as cornerstone investor), creating a liquid market for shares of the RENK Group AG.

EQS-News: RENK Group AG and Triton initiate private placement

Retrieved on: 
Monday, February 5, 2024

NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL

Key Points: 
  • NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL
    RENK Group AG and Triton initiate private placement of RENK Group AG shares and aim for listing on February 7, 2024
    Private placement of RENK Group AG shares held by the selling shareholder Rebecca BidCo S.à r.l.
  • Following the listing, Triton will continue to hold the majority of the shares of RENK Group AG.
  • Assuming full exercise of the greenshoe option, free float amounts to up to 30%, creating a liquid market for shares of the RENK Group AG.
  • The investment of KNDS into the RENK Group AG will further support the strategic international growth of RENK, strengthening its market position.

Eco Modular, a Leader in Sustainable Modular Building Manufacturing, to Go Public Through Merger with Zalatoris II Acquisition Corp.

Retrieved on: 
Tuesday, December 5, 2023

Eco Modular Offers a full Turnkey and Offsite Solution for Sustainable Modular Manufactured Buildings across various Sectors.

Key Points: 
  • Eco Modular Offers a full Turnkey and Offsite Solution for Sustainable Modular Manufactured Buildings across various Sectors.
  • Transaction Represents an Enterprise Value of $600 Million for Eco Modular.
  • Eco Modular Expects to Have up to $66 Million in Cash to Fund Growth and Operations, assuming no redemptions.
  • The transformative merger is poised to position Eco Modular as a publicly traded company on NASDAQ under the Ticker Symbol EMOD.

Triton International Announces Preliminary Election Results in Connection With Acquisition by Brookfield Infrastructure

Retrieved on: 
Wednesday, September 27, 2023

September 27, 2023—Triton International Limited (NYSE: TRTN) (“Triton”) announced today the preliminary results of the elections made by holders of Triton common shares regarding the form of consideration they wish to receive in exchange for their Triton common shares in connection with the pending acquisition of Triton by Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP, TSX: BIP.UN), through its subsidiary Brookfield Infrastructure Corporation (“BIPC”) and its institutional partners (collectively, “Brookfield Infrastructure”) (the “Merger”), which is expected to close on September 28, 2023, subject to customary closing conditions.

Key Points: 
  • September 27, 2023—Triton International Limited (NYSE: TRTN) (“Triton”) announced today the preliminary results of the elections made by holders of Triton common shares regarding the form of consideration they wish to receive in exchange for their Triton common shares in connection with the pending acquisition of Triton by Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP, TSX: BIP.UN), through its subsidiary Brookfield Infrastructure Corporation (“BIPC”) and its institutional partners (collectively, “Brookfield Infrastructure”) (the “Merger”), which is expected to close on September 28, 2023, subject to customary closing conditions.
  • The election results set forth above, including the number of outstanding Triton common shares, do not take into account Triton restricted common shares, dissenting Triton common shares and certain Triton common shares that will be contributed to an affiliate of Thanos Holdings Limited by certain rollover investors, as such shares were not eligible to make elections to receive the Merger consideration.
  • The preliminary election results are subject to a notice of guaranteed delivery procedure.
  • The final election results may therefore differ from the preliminary election results and are not expected to be available until following the closing of the Merger.

Genius Group Announces Delisting from Upstream

Retrieved on: 
Tuesday, September 19, 2023

SINGAPORE, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces that it will delist its shares from Upstream, the trading app for digital securities and NFTs powered by Horizon Fintex.

Key Points: 
  • SINGAPORE, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces that it will delist its shares from Upstream, the trading app for digital securities and NFTs powered by Horizon Fintex.
  • The decision to delist the Company from Upstream is due to complex securities regulations arising from the dual listing on Upstream and NYSE.
  • The delisting process was commenced today and will be complete on or about September 29, 2023.
  • Genius Group will have no further contact with Upstream as a result of this delisting.

Duddell Street Acquisition Corp. and FiscalNote Complete Business Combination

Retrieved on: 
Friday, July 29, 2022

HONG KONG and WASHINGTON, July 29, 2022 /PRNewswire/ -- Duddell Street Acquisition Corp. (Nasdaq: DSAC) ("Duddell Street"), a publicly-traded special purpose acquisition company, today announced the completion of its business combination (the "Business Combination") with FiscalNote Holdings, Inc. ("FiscalNote"), a leading AI-driven enterprise SaaS company that delivers legal and regulatory data and insights.

Key Points: 
  • Davis Polk & Wardwell LLP served as legal advisor to Duddell Street, and Paul Hastings LLP served as legal advisor to FiscalNote.
  • About Duddell Street Acquisition Corp.
    Duddell Street Acquisition Corp. was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.
  • In connection with the Business Combination, Duddell Street has filed relevant materials with the SEC, including a registration statement on Form S-4, which includes a proxy statement/prospectus of Duddell Street, which was declared effective by the SEC on July 1, 2022, and will file other documents regarding the Business Combination with the SEC.
  • Duddell Street's shareholders and other interested persons are advised to read the definitive proxy statement and documents incorporated by reference therein filed in connection with the Business Combination, as these materials contain important information about FiscalNote, Duddell Street and the Business Combination.

Two Female Icons of the Food World to Receive Grande Dame Award from Les Dames d'Escoffier International

Retrieved on: 
Wednesday, June 8, 2022

The Grande Dame award recognizes extraordinary lifetime contributions within the food, beverage and hospitality industries.

Key Points: 
  • The Grande Dame award recognizes extraordinary lifetime contributions within the food, beverage and hospitality industries.
  • "LDEI's Grande Dame Award is one of the highest honors for a woman in food, beverage and hospitality," said LDEI President Deborah Mintcheff.
  • "We are extremely proud to celebrate these two successful, inspirational women with the 2022 Grande Dame Award.
  • For more information, visit www.ldei.org and follow LDEI on Instagram and Twitter @lesdamesintl and Facebook Les Dames d'Escoffier Int'l.

Pixiu Real Estate and Woodbine Development Acquire The Driskill Hotel

Retrieved on: 
Wednesday, May 25, 2022

Pixiu Real Estate, Woodbine Development Corporation and a collective of Austin-based investors have acquired the capital citys first and most iconic hotel, The Driskill, from Hyatt Hotels & Resorts.

Key Points: 
  • Pixiu Real Estate, Woodbine Development Corporation and a collective of Austin-based investors have acquired the capital citys first and most iconic hotel, The Driskill, from Hyatt Hotels & Resorts.
  • View the full release here: https://www.businesswire.com/news/home/20220525005828/en/
    Pixiu Real Estate and Woodbine Development acquired The Driskill Hotel in Austin, Texas.
  • (Photo: Business Wire)
    Woodbine Development Corporation is the Dallas-based real estate investment firm behind many notable hotel properties in Texas and beyond.
  • Woodbine Development Corporation is a full-service real estate company with nearly 50 years of development, investment, acquisition and asset management experience.

Enjoy Technology Completes Business Combination with Marquee Raine Acquisition Corp. to Become a Publicly Traded Company Reinventing "Commerce at Home"

Retrieved on: 
Friday, October 15, 2021

PALO ALTO, Calif., Oct. 15, 2021 /PRNewswire/ -- Enjoy Technology, Inc. ("Enjoy" or the "Company"), a technology-powered service platform reinventing "Commerce at Home," today announced the completion of its business combination with Marquee Raine Acquisition Corp. ("Marquee Raine") (NASDAQ: MRAC), a TMT-focused special purpose acquisition company, to become a publicly traded company. The combined company will operate as Enjoy Technology, Inc. and its common stock and warrants will begin trading on the Nasdaq stock exchange ("Nasdaq") under the ticker symbols "ENJY" and "ENJYW," respectively, on October 18, 2021.

Key Points: 
  • The business combination was approved at a special meeting of Marquee Raine shareholders held on October 13, 2021.
  • We are excited to embark on this new chapter with Marquee Raine and all of our investors as we meet the expected increasing demand for Enjoy."
  • We look forward to working with Ron and the entire Enjoy team through its next chapter as a public company."
  • Weil, Gotshal & Manges LLP acted as legal advisor to Marquee Raine and Cooley LLP acted as legal advisor to Enjoy.