Proposal

Northeastern Illinois University Exceeds Goals for its Business Enterprise Program

Retrieved on: 
Tuesday, March 21, 2023

The Business in Enterprise Program (BEP), created by the state of Illinois in 1994 to promote the economic development of underrepresented businesses owned by minorities, women, and persons with disabilities, bridges this gap by ensuring fair access and equitable opportunities.

Key Points: 
  • The Business in Enterprise Program (BEP), created by the state of Illinois in 1994 to promote the economic development of underrepresented businesses owned by minorities, women, and persons with disabilities, bridges this gap by ensuring fair access and equitable opportunities.
  • As a Hispanic Serving Institution (HSI), Northeastern Illinois University believes in a diverse student body and the importance of diversity among the vendors they utilize to provide goods and services to the institution.
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  • Under the purview of the Commission on Equity and Inclusion, BEP requires state agencies and public universities to conduct a certain percentage of business with BEP vendors.
  • In the fiscal year 2022, Northeastern Illinois University exceeded their BEP goal by almost 16%.

Purpose Investments Announces Proposal to Expand the Investment Objectives of Purpose High Interest Savings Fund

Retrieved on: 
Friday, March 17, 2023

TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) today announced that its board of directors have approved a proposal to expand the investment objectives of Purpose High Interest Savings Fund (the “Fund”), the world’s first high-interest savings ETF, which launched in October 2013 and established a new category of ETFs, as follows (the “Proposal”).

Key Points: 
  • TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) today announced that its board of directors have approved a proposal to expand the investment objectives of Purpose High Interest Savings Fund (the “Fund”), the world’s first high-interest savings ETF, which launched in October 2013 and established a new category of ETFs, as follows (the “Proposal”).
  • Purpose does not expect to make any changes to the Fund’s portfolio in the near term as a result of the proposed change to the Fund’s investment objectives.
  • “With the Purpose High Interest Savings Fund, our firm was the first in the world to offer retail investors a high-interest savings ETF that provided a safe and attractive yield option for their cash balances.
  • The Fund will continue to deposit its assets in high interest deposit accounts with Schedule I Canadian Banks for the foreseeable future.

Jounce Therapeutics Confirms Receipt of Unsolicited Proposal from Concentra Biosciences

Retrieved on: 
Wednesday, March 15, 2023

CAMBRIDGE, Mass., March 14, 2023 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Jounce Therapeutics, Inc. (NASDAQ: JNCE) (“Jounce” or the “Company”), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today confirmed that Concentra Biosciences, LLC (“Concentra”), of which Tang Capital Partners, LP is the controlling shareholder, has made an unsolicited and non-binding proposal (“the Proposal”) to acquire 100% of the equity of Jounce. According to the Schedule 13D filed today with the U.S. Securities and Exchange Commission (“SEC”) disclosing the Proposal, Tang Capital1 is currently approximately a 10.2% shareholder of Jounce.

Key Points: 
  • CAMBRIDGE, Mass., March 14, 2023 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Jounce Therapeutics, Inc. (NASDAQ: JNCE) (“Jounce” or the “Company”), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today confirmed that Concentra Biosciences, LLC (“Concentra”), of which Tang Capital Partners, LP is the controlling shareholder, has made an unsolicited and non-binding proposal (“the Proposal”) to acquire 100% of the equity of Jounce.
  • According to the Schedule 13D filed today with the U.S. Securities and Exchange Commission (“SEC”) disclosing the Proposal, Tang Capital1 is currently approximately a 10.2% shareholder of Jounce.
  • The transaction is anticipated to be completed during the second quarter of 2023, subject to necessary regulatory and shareholder approvals.
  • The Board is committed to acting in the best interests of all shareholders, consistent with its fiduciary duties.

Moody’s Seeking Nonprofit Partners Aligned with Community Impact Strategy

Retrieved on: 
Tuesday, February 14, 2023

Moody’s Corporation (NYSE:MCO) today announced that its corporate social investing arm, Moody’s Foundation, is accepting applications for global nonprofit partners aligned with its two strategic focus areas: empowering small businesses and supporting ecosystem restoration in emerging markets.

Key Points: 
  • Moody’s Corporation (NYSE:MCO) today announced that its corporate social investing arm, Moody’s Foundation, is accepting applications for global nonprofit partners aligned with its two strategic focus areas: empowering small businesses and supporting ecosystem restoration in emerging markets.
  • “At Moody’s, we believe that promoting inclusion and resilience fuels a more prosperous future,” said Jennifer Stula Rivera, Global Head of Community Impact at Moody’s.
  • “Our colleagues are intrinsic to the success of our volunteer and mentorship programs, and we look forward to connecting them with new partners that are making a difference in their communities.”
    Moody’s Community Impact strategy addresses issues disproportionately affecting people in emerging markets.
  • Learn more about the Moody’s Foundation and Moody’s Community Impact programs: https://www.moodys.com/communityimpact
    Moody’s (NYSE: MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions.

Akoya Responds to CFPB's Proposed Rules on Personal Data Rights

Retrieved on: 
Thursday, February 2, 2023

Akoya appreciates the opportunity to comment on the Consumer Financial Protection Bureau’s Outline of Proposals and Alternatives Under Consideration for Required Rulemaking on Personal Financial Data Rights.

Key Points: 
  • Akoya appreciates the opportunity to comment on the Consumer Financial Protection Bureau’s Outline of Proposals and Alternatives Under Consideration for Required Rulemaking on Personal Financial Data Rights.
  • Akoya’s response outlines proposals and alternatives to better inform consumers and secure their financial information.
  • Anil Mahalaha, Akoya’s Chief Evangelist, and signatory of the letter stated “A thoughtful 1033 rule will ensure that consumers have access to their financial information in a seamless manner with due regard to data privacy and security considerations while fostering the growth of open banking in a safe and sound manner.
  • We look forward to sharing our views with the CFPB as it works through this important rulemaking process so that the agency may benefit from our experiences at the center of the open banking movement.”

Rule 15 (c) Announcement – Horizon Therapeutics plc

Retrieved on: 
Friday, January 27, 2023

Certain capitalised words used in this announcement and not herein defined have the meanings given to such words in the announcement issued by Amgen and Horizon on December 12, 2022, pursuant to Rule 2.7 of the Irish Takeover Rules.

Key Points: 
  • Certain capitalised words used in this announcement and not herein defined have the meanings given to such words in the announcement issued by Amgen and Horizon on December 12, 2022, pursuant to Rule 2.7 of the Irish Takeover Rules.
  • The directors of Amgen and Acquirer Sub accept responsibility for the information contained in this announcement other than that relating to Horizon, the Horizon group, directors of Horizon and members of their immediate families, related trusts and persons connected with them.
  • The directors of Horizon accept responsibility for the information contained in this announcement relating to Horizon, the Horizon group, directors of Horizon and members of their immediate families, related trusts and persons connected with them.
  • Horizon shareholders and investors may also obtain, without charge, a copy of the Proxy Statement (including the Scheme Document) and other relevant documents (when available) by directing a written request to Horizon Therapeutics plc, Attn: Investor Relations, 70 St. Stephen’s Green, Dublin 2, D02 E2X4, Ireland.

Arco Provides Update Related to the Non-binding Proposal

Retrieved on: 
Thursday, January 26, 2023

The Special Committee retained (i) Evercore Group L.L.C.

Key Points: 
  • The Special Committee retained (i) Evercore Group L.L.C.
  • The Board cautions the Company’s shareholders and others considering trading the Company’s securities that the Proposal is under evaluation by the Special Committee; however, no decisions have been made with respect to the response to the Proposal.
  • There can be no assurance that any definitive offer will be made, that any definitive agreement will be executed relating to the Proposal or any potential alternative transaction, or that this or any other transaction will be approved or consummated.
  • The Company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable law.

iClick Interactive Asia Group Limited Announces Engagement of Financial Advisor and Legal Counsel to Evaluate the Proposal

Retrieved on: 
Friday, January 20, 2023

HONG KONG, Jan. 20, 2023 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, announced today that the special committee of the Company's board of directors (the "Special Committee") has engaged Houlihan Lokey (China) Limited ("Houlihan Lokey") as its financial advisor and Cleary Gottlieb Steen & Hamilton LLP as its U.S. legal counsel to assist in its evaluation of the previously-announced preliminary non-binding proposal dated December 20, 2022 (the "Proposal") from Igomax Inc., Bubinga Holdings Limited and Rise Chain Investment Limited.

Key Points: 
  • HONG KONG, Jan. 20, 2023 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, announced today that the special committee of the Company's board of directors (the "Special Committee") has engaged Houlihan Lokey (China) Limited ("Houlihan Lokey") as its financial advisor and Cleary Gottlieb Steen & Hamilton LLP as its U.S. legal counsel to assist in its evaluation of the previously-announced preliminary non-binding proposal dated December 20, 2022 (the "Proposal") from Igomax Inc., Bubinga Holdings Limited and Rise Chain Investment Limited.
  • The Special Committee cautions the Company's shareholders and others considering trading the Company's securities that the Special Committee is still at the preliminary stage of reviewing and evaluating the Proposal and has not made any decision with respect to the Company's response to the Proposal.
  • There can be no assurance that any definitive offer will be made, that any definitive agreement will be executed relating to the Proposal or that the Proposal or any other transaction will be approved or consummated.
  • The Company does not undertake any obligation to provide any updates with respect to the Proposal or any other transaction, except as required under applicable law.

Walls & Futures REIT PLC: Notice of General Meeting

Retrieved on: 
Monday, February 13, 2023

Walls & Futures REIT PLC: Notice of General Meeting

Key Points: 
  • Walls & Futures REIT PLC: Notice of General Meeting
    Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
  • Walls & Futures REIT plc (Ticker: WAFR), the Ethical Housing Investor and Developer, announces that a general meeting of the Company’s shareholders will be held at Octagon Point, 5 Cheapside, London, EC2V 6AA on 23 February 2023 at 1.00pm (the “GM”).
  • The goal of the board of directors at Walls & Futures (the “Board”) has been to generate long-term, sustainable income by making investments in a portfolio of real estate with an ethical focus.
  • In order to more effectively reflect the company's ongoing strategy, the Board also proposes changing the name of the company to Social Infrastructure REIT.

Creative Realities Confirms Receipt of Unsolicited Proposal from Pegasus Capital Advisors, L.P.

Retrieved on: 
Tuesday, February 7, 2023

LOUISVILLE, Ky., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (“Creative Realities,” “CRI,” or the “Company”) (NASDAQ: CREX, CREXW), a leading provider of digital signage solutions, today confirmed that on Friday, February 3, 2023, the Company’s Board of Directors (the “Board”) received an unsolicited proposal (the “Proposal”) from Pegasus Capital Advisors, L.P. (“PCA LP”) for PCA LP, on behalf of itself and certain of its affiliates (collectively, “Pegasus”), delivered to the Board a letter setting forth a proposal (the “Proposal”) for Pegasus to acquire all of the outstanding shares of Common Stock that are not owned by the Reporting Persons for a purchase price of $0.83 per share in cash.

Key Points: 
  • The Board has formed a special committee (the “Special Committee”) of its non-executive, independent directors which, in consultation with its financial and legal advisors, will carefully review and consider the Proposal and pursue the course of action that it believes is in the best interests of the Company’s stockholders.
  • The Company’s stockholders do not need to take any action at this time.
  • Mayer Brown LLP is serving as legal counsel to the Special Committee and Maslon LLP is serving as legal counsel to Creative Realities.
  • There can be no assurance that a definitive offer relating to the Proposal will be made, that a definitive agreement relating to the Proposal or any other transaction will be entered into by the Company, or that any transaction will be consummated.