Subscription business model

EQS-News: Following a successful Financial Year 2023, Nemetschek Group targets continued highly profitable double-digit growth for FY 2024

Retrieved on:

Wednesday, April 10, 2024

Following a successful Financial Year 2023, Nemetschek Group targets continued highly profitable double-digit growth for FY 2024

Key Points:

Following a successful Financial Year 2023, Nemetschek Group targets continued highly profitable double-digit growth for FY 2024
The issuer is solely responsible for the content of this announcement.
Following a successful Financial Year 2023, Nemetschek Group targets continued highly profitable double-digit growth for FY 2024
Outlook 2024: Currency-adjusted revenue growth of 10% to 11% despite continued sub-scription/SaaS transition; attractive EBITDA margin targeted in the range of 30% to 31%
Munich, March 21, 2024 - The Nemetschek Group (ISIN DE 0006452907), global provider of software solutions for the building and media industries, is optimistic for the current year after a successful financial year 2023.
For 2024, the MDAX and TecDAX-listed Group is expecting a return to a currency-adjusted double-digit growth in the range of 10% to 11%.
The ARR growth was therefore well above the revenue growth, which indicates a significant growth potential in the coming twelve months.

Information on the Total Number of Voting Rights (Denominator) following Conversion Notices from Atlas - Amended version

Retrieved on:

Wednesday, March 27, 2024

EUR, Brussels Stock Exchange, Exercise, Atlas, Capital commitment, Capital, Disclosure, Therapy, USD, Subscription business model, Consultant, Security (finance)

Atlas Special Opportunities, LLC has converted 6 convertible bonds in Oxurion resulting in a EUR 150,000 capital increase.

Key Points:

Atlas Special Opportunities, LLC has converted 6 convertible bonds in Oxurion resulting in a EUR 150,000 capital increase.
This is part of Atlas Special Opportunities, LLC’s EUR 20 million Capital Commitment1 that will allow Oxurion to focus on developing innovative therapeutics to preserve the vision of elderly people, targeting potential market opportunities of USD 3-6 billion.
Following completion of capital increase through the conversion of the convertible bonds, the total number of shares issued by Oxurion amounts to 9,014,821,287 outstanding ordinary shares carrying voting rights (compared to 7,384,386,505 outstanding ordinary shares previously).
This number will be used as the denominator for the calculation of the percentages of shareholdings.

Information on the Total Number of Voting Rights (Denominator) following Conversion Notices from Atlas

Retrieved on:

Tuesday, March 26, 2024

EUR, Brussels Stock Exchange, Exercise, Atlas, Capital commitment, Capital, Disclosure, Therapy, USD, Subscription business model, Consultant, Security (finance)

Atlas Special Opportunities, LLC has converted 6 convertible bonds in Oxurion resulting in a EUR 150,000 capital increase.

Key Points:

Atlas Special Opportunities, LLC has converted 6 convertible bonds in Oxurion resulting in a EUR 150,000 capital increase.
This is part of Atlas Special Opportunities, LLC’s EUR 20 million Capital Commitment1 that will allow Oxurion to focus on developing innovative therapeutics to preserve the vision of elderly people, targeting potential market opportunities of USD 3-6 billion.
Following completion of capital increase through the conversion of the convertible bonds, the total number of shares issued by Oxurion amounts to 9,014,821,287 outstanding ordinary shares carrying voting rights (compared to 7,384,386,505 outstanding ordinary shares previously).
This number will be used as the denominator for the calculation of the percentages of shareholdings.

Mkango Raises £750,000 (C$1.3M) to Advance Rare Earth Magnet Recycling in United Kingdom and Germany, and Launches Strategic Review

Retrieved on:

Monday, March 25, 2024

Hydrogen, Magnet, HPMS, Exercise, DTR, Neodymium magnet, Recycling, Minority, Disclosure, Research, Acquisition, University, Carbonate, Treasury, Admission, MKA, AIM, Subscription business model, Multilateral

LONDON and VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) is pleased to announce that it has conditionally raised gross proceeds of £750,000 (approximately C$1.3 million) through the issuance, on a private placement basis, of 15,000,000 common shares of the Company (the “Subscription Shares”) at a price per Subscription Share of 5 pence (“p”) (approximately C$0.086) (the “Subscription”).

Key Points:

As part of this process, the Company has decided to launch a review of strategic options for its Songwe Hill Rare Earths Project in Malawi as well as the Pulawy Rare Earths Separation Project in Poland.
Mkango believes this strategic review will help maximise returns for its shareholders whilst it seeks to expand its recycling business.”
HyProMag is commercialising Hydrogen Processing of Magnet Scrap (“HPMS”) recycling technology in the UK, Germany and United States.
William Dawes, CEO and a director of the Company, has agreed to subscribe for 3,000,000 Subscription Shares, for £150,000.
The issuance of the Subscription Shares to William Dawes was approved by the board of directors of Mkango, with William Dawes abstaining from voting.

Information on the Total Number of Voting Rights (Denominator) following Conversion Notices from Atlas

Retrieved on:

Thursday, March 21, 2024

EUR, Brussels Stock Exchange, Exercise, Atlas, Capital commitment, Capital, Disclosure, Therapy, USD, Subscription business model, Consultant, Security (finance)

Atlas Special Opportunities, LLC has converted 6 convertible bonds in Oxurion resulting in a EUR 150,000 capital increase.

Key Points:

Atlas Special Opportunities, LLC has converted 6 convertible bonds in Oxurion resulting in a EUR 150,000 capital increase.
This is part of Atlas Special Opportunities, LLC’s EUR 20 million Capital Commitment1 that will allow Oxurion to focus on developing innovative therapeutics to preserve the vision of elderly people, targeting potential market opportunities of USD 3-6 billion.
Following completion of capital increase through the conversion of the convertible bonds, the total number of shares issued by Oxurion amounts to 7,384,386,505 outstanding ordinary shares carrying voting rights (compared to 5,753,951,723 outstanding ordinary shares previously).
This number will be used as the denominator for the calculation of the percentages of shareholdings.

Luma Financial Technologies Announces a Collaboration with BNY Mellon’s Pershing to Provide Next-Level Annuity Management Solutions

Retrieved on:

Tuesday, April 2, 2024

Technology, Finance, Professional Services, Software, Other Education, Training, Data Analytics, Data Management, Education, NAIC, Knowledge, Research, BNY, National Association, Subscription business model, Financial Technologies Group, Financial adviser

Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products and annuities platform, and BNY Mellon’s Pershing (“Pershing”), a leading provider of global financial business solutions, announced a collaboration that will provide financial advisors with a best-in-class annuity management experience.

Key Points:

Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products and annuities platform, and BNY Mellon’s Pershing (“Pershing”), a leading provider of global financial business solutions, announced a collaboration that will provide financial advisors with a best-in-class annuity management experience.
Pershing will transmit brokerage account details to Luma, and Luma will provide brokerage account, product, and user information to Subscribe®, Pershing’s proprietary annuity application.
“Offering our clients easy access to Luma provides an enhanced annuity and retirement planning experience,” said Sareena Dalla Brookshire, Chief Product Officer, BNY Mellon’s Pershing.
“Through Subscribe, our proprietary annuity application, Pershing clients have access to a robust set of features to help them manage their annuity business.”

Guess?, Inc. Announces Issuance of Approximately $12.1 Million of Additional 3.75% Convertible Notes Due 2028 and Retirement of Approximately $14.6 Million of Existing 2.00% Convertible Notes Due 2024

Retrieved on:

Monday, April 1, 2024

Pursuant to the Exchange and Subscription Agreement, the Company will exchange approximately $14.6 million in aggregate principal amount of the 2024 Notes for approximately $12.1 million in aggregate principal amount of additional 3.75% convertible senior notes due 2028 (the “2028 Notes”) (collectively, the “Transactions”).

Key Points:

Pursuant to the Exchange and Subscription Agreement, the Company will exchange approximately $14.6 million in aggregate principal amount of the 2024 Notes for approximately $12.1 million in aggregate principal amount of additional 3.75% convertible senior notes due 2028 (the “2028 Notes”) (collectively, the “Transactions”).
The 2028 Notes will have the same CUSIP number as the Existing 2028 Notes and will be issued as additional notes under the indenture governing the Existing 2028 Notes.
The 2028 Notes are expected to trade interchangeably with the Existing 2028 Notes immediately upon settlement and be fungible with the Existing 2028 Notes.
The 2028 Notes will mature on April 15, 2028, unless earlier repurchased or converted in accordance with their terms.

Pembina Pipeline Corporation Announces Closing of Acquisition of Enbridge’s Interest in Alliance/Aux Sable and Raises 2024 Guidance

Retrieved on:

Monday, April 1, 2024

Energy, Transport, Logistics, Supply Chain Management, Oil, Gas, Indian stock exchange, Pembina Pipeline, PBA, PPL, Acquisition, Toronto Stock Exchange, TSX, Multimedia, Marketing, Subscription business model, Transaction

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has completed its previously announced acquisition of Enbridge’s interest in the Alliance, Aux Sable, and NRGreen joint ventures (the "Transaction").

Key Points:

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has completed its previously announced acquisition of Enbridge’s interest in the Alliance, Aux Sable, and NRGreen joint ventures (the "Transaction").
View the full release here: https://www.businesswire.com/news/home/20240328714094/en/
"We are excited to further enhance our business by increasing our ownership in Alliance and Aux Sable.
No further Dividend Equivalent Payment will be paid or is payable to holders of Subscription Receipts in connection with closing of the Transaction.
In conjunction with closing, Pembina has updated its 2024 adjusted EBITDA guidance range to $4.05 billion to $4.30 billion (previously $3.725 to $4.025 billion).

Creator Commerce Platform, LTK, Introduces New Features to Foster Community Engagement

Retrieved on:

Tuesday, March 26, 2024

LTK is now built for community engagement, enabling LTK Creators and their followers to meaningfully connect.

Key Points:

LTK is now built for community engagement, enabling LTK Creators and their followers to meaningfully connect.
View the full release here: https://www.businesswire.com/news/home/20240326309690/en/
Creator Commerce Platform, LTK, Introduces New Features to Foster Community Engagement (Photo: LTK)
Community has never been more important as the foundation of a creator's business, and as social platforms become increasingly less social, LTK Creators are looking for ways to maintain, nurture and strengthen communities.
“The connection LTK Creators have with their community is vital and at the heart of everything they do.
Shopper Profiles let users better express themselves to LTK Creators, fellow shoppers and the greater LTK community.

Aquaporin publishes prospectus and initiates rights issue

Retrieved on:

Friday, April 5, 2024

Rights issue, Exercise, Prospectus, Nasdaq Copenhagen, Spar Nord, Water quality, AN, Regulation (European Union), NOT, Subscription business model, Finance Secretary (India), Senior, Offering, Executive, DKK, Water, Security (finance)

COPENHAGEN, Denmark, April 5, 2024 /PRNewswire/ -- Aquaporin A/S ("Aquaporin" or the "Company") (CSE: AQP) today announces that its board of directors (the "Board of Directors") has resolved to initiate a rights issue with pre-emptive subscription rights (the "Pre-emptive Rights") for the Company's existing shareholders allowing for subscription of up to 14,594,872 new shares with a nominal value of DKK 1 each (the "New Shares") at a subscription price of DKK 14 per New Share (the "Subscription Price") (the "Offering" or the "Rights Issue").

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: DK28315694
COPENHAGEN, Denmark, April 5, 2024 /PRNewswire/ -- Aquaporin A/S ("Aquaporin" or the "Company") (CSE: AQP) today announces that its board of directors (the "Board of Directors") has resolved to initiate a rights issue with pre-emptive subscription rights (the "Pre-emptive Rights") for the Company's existing shareholders allowing for subscription of up to 14,594,872 new shares with a nominal value of DKK 1 each (the "New Shares") at a subscription price of DKK 14 per New Share (the "Subscription Price") (the "Offering" or the "Rights Issue").
A prospectus regarding the Offering (the "Prospectus") is, subject to certain restrictions, available at the Company's website: https://investors.aquaporin.com/investors/default.aspx .
Trades of Pre-emptive Rights executed during the Rights Trading Period will, however, not be affected.
Consequently, investors who have acquired Pre-emptive Rights will incur a loss corresponding to the purchase price of the Pre-emptive Rights and any transaction costs.