Proposal

Minister of Transport announces the launch of the Request for Proposals for the High Frequency Rail project

Retrieved on: 
Friday, October 13, 2023

OTTAWA, ON, Oct. 13, 2023 /CNW/ - The High Frequency Rail project will be the largest Canadian infrastructure project in generations.

Key Points: 
  • OTTAWA, ON, Oct. 13, 2023 /CNW/ - The High Frequency Rail project will be the largest Canadian infrastructure project in generations.
  • Today, the Minister of Transport and Quebec Lieutenant, Pablo Rodriguez, announced the launch of the Request for Proposals (RFP).
  • Following the evaluation period, the Government of Canada will select the group who will become the private developer partner to work collaboratively with VIA HFR to design and develop the High Frequency Rail project.
  • "The launch of the Request for Proposals for the High Frequency Rail project marks a significant milestone.

Scilex Holding Company Provides Notice to All Record Holders and Beneficial Owners of Restricted Shares of Scilex Holding Company

Retrieved on: 
Tuesday, October 3, 2023

The Scilex Dividend Stock was primarily received by “record holders,” or brokers, dealers, banks and other nominees acting as agents for shareholders who are the true “beneficial owners” of the Scilex Dividend Stock.

Key Points: 
  • The Scilex Dividend Stock was primarily received by “record holders,” or brokers, dealers, banks and other nominees acting as agents for shareholders who are the true “beneficial owners” of the Scilex Dividend Stock.
  • “Naked short” sales or “naked short” positions in any Scilex common stock may constitute a violation of SEC Regulation SHO.
  • If a holder of a short-position already holds unrestricted shares of Scilex common stock, such holder may convert such shares into restricted shares subject to the Lockup via the same process outlined herein.
  • b. Scilex and the buyer will jointly instruct Continental Stock Transfer & Trust Company, Scilex’s transfer agent (“Continental”), to impose the Lockup on the shares.

SIRIUSXM ACKNOWLEDGES RECEIPT OF PROPOSAL FROM LIBERTY MEDIA CORPORATION

Retrieved on: 
Tuesday, September 26, 2023

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- Sirius XM Holdings Inc. (NASDAQ: SIRI) ("SiriusXM" or the "Company") today acknowledged that the special committee of independent directors of the board of SiriusXM (the "Special Committee") received a non-binding proposal from Liberty Media Corporation ("Liberty Media") regarding a potential transaction involving the Company.

Key Points: 
  • NEW YORK, Sept. 26, 2023 /PRNewswire/ -- Sirius XM Holdings Inc. (NASDAQ: SIRI) ("SiriusXM" or the "Company") today acknowledged that the special committee of independent directors of the board of SiriusXM (the "Special Committee") received a non-binding proposal from Liberty Media Corporation ("Liberty Media") regarding a potential transaction involving the Company.
  • The potential transaction would consist of the separation of the assets and liabilities attributed to the Liberty SiriusXM tracking stock group from Liberty Media through the split-off of a newly formed company ("Newco") and the subsequent combination of Newco and SiriusXM, as a result of which the holders of Liberty SiriusXM tracking stock and SiriusXM common stock would all hold one class of common stock of the combined company (the "Proposal").
  • The Special Committee, together with its advisors, Solomon Partners Securities, LLC and Debevoise & Plimpton LLP, is evaluating the Proposal.
  • The Company cautions stockholders and others considering trading in its securities that the Special Committee has only received the Proposal from Liberty Media and no decisions have been made by the Special Committee with respect to a response to the Proposal.

Breeze Holdings Acquisition Corp. Announces Preliminary Vote Tabulations for Upcoming Special Meeting and Provides Update on Business Combination Timeline

Retrieved on: 
Friday, September 8, 2023

This is well in excess of the percentage of votes required to approve the Proposal.

Key Points: 
  • This is well in excess of the percentage of votes required to approve the Proposal.
  • The purpose of the Proposal is to allow the Company additional time to complete its initial business combination.
  • The definitive Proxy Statement/Prospectus (if and when available) will be delivered to the Company’s and TV Ammo’s stockholders.
  • The Company may also file other relevant documents regarding the proposed transaction with the SEC.

VRGL Announces Launch of Trailblazing Client Transition and Proposal Management Offering

Retrieved on: 
Monday, September 11, 2023

VRGL , a Client Acquisition, Proposal Management and Retention ("CAPM & R") solution, is excited to announce the upcoming launch of its new Client Transition and Proposal Management features, set to be widely available at the end of the month.

Key Points: 
  • VRGL , a Client Acquisition, Proposal Management and Retention ("CAPM & R") solution, is excited to announce the upcoming launch of its new Client Transition and Proposal Management features, set to be widely available at the end of the month.
  • Key Proposal Management features include:
    Fully Configurable Account Creation: Advisors can consolidate, aggregate, and optimize account transitions directly from the user experience honoring the customization necessary for client transitions.
  • Tailored Content Management: Advisors can create proposal templates available for different audiences, such as those with different investment types or of different net-worth ranges.
  • For more information on VRGL's Client Acquisition, Proposal Management and Retention (“CAPM & R”) solution or to schedule a demo, email the VRGL sales team at [email protected] or connect with us online at www.vrglwealth.com/contact .

YCharts Unveils New Proposal Capabilities Paired with Three New Subscription Configurations

Retrieved on: 
Thursday, September 7, 2023

Proposals will allow users to position investment recommendations with compelling talking points about how a strategy meets a client’s specific needs.

Key Points: 
  • Proposals will allow users to position investment recommendations with compelling talking points about how a strategy meets a client’s specific needs.
  • By tailoring a proposal report with customizable commentary, users can highlight metrics of interest, including performance expectations, risk metrics, holdings allocation, yields, advisory fees, and more.
  • YCharts’ Proposals also allows compliance and home office teams to maintain full control over content and report templates as needed.
  • To accompany the launch of Proposals, YCharts is introducing three new subscription configurations tailored to meet the needs of all types of wealth management teams and different user personas.

Government of Canada Launches a Call for Proposals for the Climate-Resilient Coastal Communities Program

Retrieved on: 
Wednesday, September 13, 2023

This program will enable communities and businesses to work together to develop innovative solutions to address climate change and mitigate and adapt to risks in coastal regions.

Key Points: 
  • This program will enable communities and businesses to work together to develop innovative solutions to address climate change and mitigate and adapt to risks in coastal regions.
  • The Climate-Resilient Coastal Communities Program will spur collaborative and innovative solutions that help communities mitigate the impacts of climate change and adapt to the effects that we are already seeing.
  • The Government of Canada also published a new report today called Good Practices for Integrated Climate Change Adaptation in Canadian Coastal Communities .
  • This new report is designed to help inform the Call for Proposals for pilot projects and highlights effective approaches to climate change adaptation in coastal communities.

Hollysys Receives Notices of Intention to Request Special Meeting of Shareholders and Additionally an Unsolicited Offer to Acquire the Company

Retrieved on: 
Tuesday, September 5, 2023

With a Demand Record Date now set for September 6, 2023, the Board, on or after September 6, 2023 will review any written requests to convene a special meeting.

Key Points: 
  • With a Demand Record Date now set for September 6, 2023, the Board, on or after September 6, 2023 will review any written requests to convene a special meeting.
  • On determining that any such written requests are valid, the Board shall give notice to convene a special meeting of the shareholders in accordance with the Articles.
  • In addition, on August 24, 2023, the Company received a letter (the "Proposal") from Recco Control Technology and Dazheng Group (Hong Kong) Investment Holdings Company, setting out their previous unsolicited, non-binding offer to acquire all issued and outstanding shares of the Company at $25.00 per share in cash.
  • The Board and the management of the Company are committed to maximizing shareholder value, are currently evaluating options that would advance this goal and will update shareholders further as soon as appropriate.

Fang Holdings Announces Receipt of Non-Binding “Going Private” Proposal

Retrieved on: 
Monday, September 4, 2023

BEIJING, Sept. 04, 2023 (GLOBE NEWSWIRE) -- Fang Holdings Limited (OTC: SFUNY) (“Fang” or the “Company”), a leading real estate Internet portal in China, today announced that its board of directors (the “Board”) has received a preliminary non-binding proposal letter (the “Proposal Letter”), dated September 4, 2023, from Mr. Jiangong Dai (“Mr.

Key Points: 
  • BEIJING, Sept. 04, 2023 (GLOBE NEWSWIRE) -- Fang Holdings Limited (OTC: SFUNY) (“Fang” or the “Company”), a leading real estate Internet portal in China, today announced that its board of directors (the “Board”) has received a preliminary non-binding proposal letter (the “Proposal Letter”), dated September 4, 2023, from Mr. Jiangong Dai (“Mr.
  • According to the Proposal Letter, the Proposing Buyer intends to finance the proposed acquisition with cash on hand.
  • A copy of the Proposal Letter is attached hereto as Annex A.
  • The Board expects that the special committee will retain independent legal and financial advisors to assist in its review of the proposed transaction.

Tekla Funds Announce Adjournment of Special Meetings

Retrieved on: 
Monday, August 14, 2023

Tekla Healthcare Investors (HQH), Tekla Life Sciences Investors (HQL), Tekla Healthcare Opportunities Fund (THQ) and Tekla World Healthcare Fund (THW), (the “Funds”) today announced that their joint special meetings of shareholders on August 14, 2023 (“Special Meetings”) were adjourned until August 29, 2023 to provide additional time for the Funds to reach a quorum on the proposal, described in their definitive joint proxy statement dated July 10, 2023 as filed with the Securities and Exchange Commission (the “Proxy Statement”), to approve a new investment advisory agreement with abrdn, Inc. (the “Proposal”).

Key Points: 
  • Tekla Healthcare Investors (HQH), Tekla Life Sciences Investors (HQL), Tekla Healthcare Opportunities Fund (THQ) and Tekla World Healthcare Fund (THW), (the “Funds”) today announced that their joint special meetings of shareholders on August 14, 2023 (“Special Meetings”) were adjourned until August 29, 2023 to provide additional time for the Funds to reach a quorum on the proposal, described in their definitive joint proxy statement dated July 10, 2023 as filed with the Securities and Exchange Commission (the “Proxy Statement”), to approve a new investment advisory agreement with abrdn, Inc. (the “Proposal”).
  • The adjourned Special Meeting will recommence on August 29, 2023 at 9:00 a.m. EDT at the offices of the Funds, 100 Federal Street, Boston, MA.
  • The record date for the adjourned Special Meetings remains the same, June 16, 2023.
  • During the adjournment period, the Funds will continue to solicit votes from shareholders regarding the Proposal.