Capital market

Sangamo Therapeutics Announces Pricing of $24.0 Million Registered Direct Offering

Retrieved on: 
Friday, March 22, 2024
Health, Neurology, Genetics, Clinical Trials, Pharmaceutical, Biotechnology, AAV, Sangamo Therapeutics, Form, Telephone, Sale, Attention, Security (finance), Prospectus, Form S-3, Capital market, Cantor, Broadridge Financial Solutions, Therapy, Barclays

The combined offering price of each share of common stock and accompanying warrant is $0.84, priced at-the-market under Nasdaq rules.

Key Points: 
  • The combined offering price of each share of common stock and accompanying warrant is $0.84, priced at-the-market under Nasdaq rules.
  • The combined offering price of each pre-funded warrant and accompanying warrant is $0.83.
  • The gross proceeds to Sangamo from the offering, before deducting the placement agents’ fees and other offering expenses, are expected to be approximately $24.0 million.
  • The offering is expected to close on or about March 26, 2024, subject to customary closing conditions.

Bureau Veritas Targets a Step Change in Growth and Shareholder Returns

Retrieved on: 
Wednesday, March 20, 2024
Supply Chain Management, Consumer Electronics, Retail, Technology, Manufacturing, Other Technology, Other Manufacturing, Connectivity, Innovation, Growth, Environment, Urbanization, EPS, Digitalization, Knowledge, Climate, Bureau Veritas, DNA, History, Ethics, Biodiversity, Capital market, CSR, LEAP, Machine learning, Workplace, Artificial intelligence

Our new strategy, LEAP I 28, is a new chapter in our history as we aim to achieve a step change in our leadership and performance, both in terms of growth and shareholder returns.

Key Points: 
  • Our new strategy, LEAP I 28, is a new chapter in our history as we aim to achieve a step change in our leadership and performance, both in terms of growth and shareholder returns.
  • We are targeting mid-to-high single digit organic revenue growth, consistent adjusted operating margin improvement and double-digit shareholder returns based on EPS CAGR and dividend yield.
  • Bureau Veritas will actively manage its Portfolio to attain market leadership positions on prioritized and focused businesses.
  • As a service company, Bureau Veritas’ people skills and knowledge are critical to its market differentiation and business success.

Generational Capital Markets Advises Sundance Consulting in its Partnership with True Environmental

Retrieved on: 
Monday, March 18, 2024
Environmental Health, Banking, Professional Services, Public Policy, Government, Science, Other Energy, Utilities, Oil, Gas, Energy, Other Science, Research, State, Local, Sustainability, Other Professional Services, Environment, Finance, Consulting, Culture, Growth, Partnership, Capital market, M&A, GCM

Generational Capital Markets (GCM) Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce that its client Sundance Consulting, Inc. has joined with True Environmental, Inc. (a portfolio company of Halle Capital).

Key Points: 
  • Generational Capital Markets (GCM) Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce that its client Sundance Consulting, Inc. has joined with True Environmental, Inc. (a portfolio company of Halle Capital).
  • True Environmental (True), backed by Halle Capital, is a platform focused on building a consulting and engineering organization for environmental end markets.
  • True Environmental is led by Jim Stamatis, former CEO of Louis Berger and 30+ year industry veteran.
  • True seeks to partner with founder and employee-owned consulting and engineering firms to help provide capital solutions to accelerate growth and liquidity events for ownership transition.

Forge Global Appoints Capital Markets Veteran Larry Leibowitz to its Board of Directors

Retrieved on: 
Thursday, March 14, 2024
Professional Services, Data Management, Data Analytics, Technology, Software, Finance, Fintech, Credit Suisse First Boston, Princeton University, UBS, Acquisition, CS, Capital market, Compensated emancipation, CNDA, Cryptocurrency

Forge Global Holdings, Inc. (NYSE: FRGE) (“Forge”), a global private securities marketplace, announced today the appointment of Larry Leibowitz to its Board of Directors, as well as its Compensation Committee.

Key Points: 
  • Forge Global Holdings, Inc. (NYSE: FRGE) (“Forge”), a global private securities marketplace, announced today the appointment of Larry Leibowitz to its Board of Directors, as well as its Compensation Committee.
  • Mr. Leibowitz brings to Forge decades of entrepreneurial and corporate leadership experience in capital markets, financial technology and asset management.
  • He also served as Chief Operating Officer of Americas Equities at UBS, and was also Co-Chief Executive Officer of Schwab-Soundview Capital Markets in the early 2000s.
  • "Larry’s breadth of experience in capital markets, deep operational expertise and track record in leading scaled growth at global financial services and exchange organizations adds significant value to our board,” said Kelly Rodriques, CEO of Forge.

WSFS Announces Jamie Tranfalia as Senior Vice President and Senior Middle Market Team Leader

Retrieved on: 
Thursday, March 14, 2024
Banking, Asset Management, Professional Services, Finance, American Heart Association, Organization, Liberty, Humanity, Business administration, WSFS, USO, WSFS Bank, Senior, KeyBank, Biology, United States Air Force, Commerce, Capital market, Master of Business Administration, Community, Citizens Bank, Wells Fargo, Colorado State University

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Jamie Tranfalia as Senior Vice President and Senior Middle Market Team Leader, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.

Key Points: 
  • WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Jamie Tranfalia as Senior Vice President and Senior Middle Market Team Leader, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.
  • In his role, Tranfalia will support and develop a team of Middle Market Relationship Managers to retain and deepen existing Middle Market relationships, acquire new relationships, and in general promote the WSFS Middle Market brand.
  • “We are excited for the experience and expertise Jamie brings to the Middle Market Team and our Customers,” said Gise.
  • “I look forward to helping grow WSFS’ market share and serving our Customers and their evolving needs.”
    Prior to joining WSFS, Tranfalia was Market President and Middle Market Team Leader at KeyBank, where he oversaw customer service and business development throughout Eastern Pennsylvania and Southern New Jersey.

Vintage Wine Estates Reports Second Quarter Fiscal 2024 Results

Retrieved on: 
Tuesday, March 12, 2024
Retail, Wine & Spirits, Second, Ageing, Sale, News, Capital market, DTC, VWE, Wine, Security, Inventory, Marketing

Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S., today reported its financial results for the three and six months ended December 31, 2023 ("second quarter fiscal 2024").

Key Points: 
  • Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S., today reported its financial results for the three and six months ended December 31, 2023 ("second quarter fiscal 2024").
  • Second quarter fiscal 2024 adjusted EBITDA1 was $(28.8) million compared with adjusted EBITDA of $5.0 million in the prior-year period.
  • Cash from operations in the second quarter was $11.9 million reflecting inventory reductions, aggressive efforts to collect receivables and carefully managing payables.
  • As previously disclosed, the Second A&R Loan and Security Agreement currently has principal amounts outstanding of $324.3 million at February 29, 2024.

CBRE Leads Global Real Estate Investment Sales Activity in 2023

Retrieved on: 
Tuesday, March 12, 2024
Residential Building & Real Estate, Construction & Property, REIT, CBRE, Capital market

CBRE was the top-ranked firm for global commercial real estate investment sales during 2023, according to MSCI Real Assets—the 13th consecutive year that CBRE has claimed the top spot.

Key Points: 
  • CBRE was the top-ranked firm for global commercial real estate investment sales during 2023, according to MSCI Real Assets—the 13th consecutive year that CBRE has claimed the top spot.
  • MSCI Real Assets credited CBRE with a 24% market share across all property types on a global basis in 2023—an 800-basis point lead over the nearest competitor.
  • “CBRE Capital Markets facilitates considerable cross-border investment by leveraging our global platform and diverse sector expertise,” said Chris Ludeman , global president of Capital Markets for CBRE.
  • "Through integrated, comprehensive services spanning assets and regions, we provide holistic real estate solutions for investors worldwide.

Houlihan Lokey Expands Healthcare Capital Markets Capabilities With Experienced Hire

Retrieved on: 
Monday, March 11, 2024
Consulting, Banking, Professional Services, Finance, Growth, Capital One, Sale, Acquisition, Houlihan, Capital, Capital market, Investment, Financial services

Based in Chicago, Mr. Shepherd will co-lead the firm’s Healthcare Capital Markets efforts alongside Managing Director Neha Shah.

Key Points: 
  • Based in Chicago, Mr. Shepherd will co-lead the firm’s Healthcare Capital Markets efforts alongside Managing Director Neha Shah.
  • Mr. Shepherd joins following 24 years at Capital One’s Healthcare Banking and Lending unit (formerly GE Capital Healthcare Financial Services prior to its sale to Capital One in 2015), where he most recently served as a Managing Director covering Healthcare Sponsor Finance.
  • Prior to Capital One’s acquisition of GE Capital Healthcare Financial Services, he was a Managing Director there for 10 years, leading investments for GE’s healthcare direct investment practice.
  • “The demand for specialized healthcare capital markets expertise has never been greater, and adding Brent alongside Neha will enable our team to better service our healthcare clients’ expanding needs for capital and advice, as well as will further accelerate the Capital Markets team’s growth in the U.S.”
    “Houlihan Lokey has one of the most experienced and active private Capital Markets teams in financial services,” added Mr. Shepherd.

Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $22.0 Billion of Single-Family Loans

Retrieved on: 
Thursday, April 4, 2024
Transfer, UPB, FNMA, News, Acquisition, Insurance, Disclosure, CIRT, Capital market, LTV, Fannie Mae

WASHINGTON, April 4, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTC) announced today that it has executed two new Credit Insurance Risk Transfer™ (CIRT™) transactions.

Key Points: 
  • WASHINGTON, April 4, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTC) announced today that it has executed two new Credit Insurance Risk Transfer™ (CIRT™) transactions.
  • Together, CIRT 2024-L2 and CIRT 2024-H1 transferred $709.0 million of mortgage credit risk to private insurers and reinsurers.
  • The loans included in both transactions are fixed-rate, generally 30-year term, fully amortizing mortgages and were underwritten using rigorous credit standards and enhanced risk controls.
  • For more information on specific CIRT transactions, including pricing , please visit our Credit Insurance Risk Transfer webpage .

Oglethorpe Power Fourth Quarter and Year-end 2023 Investor Briefing Call to Be Held April 10

Retrieved on: 
Thursday, April 4, 2024
Telephone, Oglethorpe Power, Corporate communication, PIN, Webcast, Capital market

TUCKER, Ga., April 4, 2024 /PRNewswire/ -- Oglethorpe Power executive management will discuss fourth quarter and 2023 year-end results during a conference call at 12 p.m. Eastern time on Wednesday, April 10, 2024.

Key Points: 
  • TUCKER, Ga., April 4, 2024 /PRNewswire/ -- Oglethorpe Power executive management will discuss fourth quarter and 2023 year-end results during a conference call at 12 p.m. Eastern time on Wednesday, April 10, 2024.
  • Investors, media and the public may view a live webcast or join via telephone.
  • Shortly following the live presentation, a replay of the webcast will be accessible on the Investor Relations page of Oglethorpe Power's website at www.opc.com/investor-relations .
  • For investor questions or questions regarding the investor briefing call, please contact Joe Rick, Director of Capital Markets & Investor Relations, at 770-270-7240 or via e-mail at [email protected] .