Proxy

Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng

Retrieved on: 
Tuesday, January 30, 2024

BEIJING, Jan. 29, 2024 /PRNewswire/ -- The Special Committee of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today reiterated its unanimous recommendation that shareholders vote FOR the acquisition of the Company by a buyer controlled by Ascendent Capital Partners ("Ascendent"), an international and experienced private investment firm headquartered in Hong Kong.

Key Points: 
  • The most recent discussions concluded with the determination by the Special Committee that the Dazheng proposal is not superior to the Ascendent acquisition.
  • We selected Ascendent after running a comprehensive and rigorous process, where the Dazheng Consortium declined initially to even sign an NDA.
  • A proxy statement supplement detailing the Special Committee's recent engagement with Dazheng will be furnished with the U.S. Securities and Exchange Commission in due course.
  • The Special Committee strongly disagrees with the recommendations of ISS and Glass Lewis regarding the transaction with Ascendent.

Disposal of interests in Acacia Estates and Bora Africa to the group’s development subsidiary, Gateway Real Estate Africa

Retrieved on: 
Tuesday, January 30, 2024

Another part of the Grit 2.0 strategy is to organise the Group's real estate assets into logical sector groupings.

Key Points: 
  • Another part of the Grit 2.0 strategy is to organise the Group's real estate assets into logical sector groupings.
  • Bora Africa has a pipeline of predominantly development opportunities, which GSL does not currently have the capital to develop.
  • of the enlarged issued share capital in Bora Africa (the "Bora Subscription") for an aggregate subscription price of US$9,999 (the "Bora Subscription Price").
  • Following the Bora Investment, Bora Africa will use the proceeds to repay the GSL/Bora Loan in full.

Great Southern Bancorp, Inc. to Hold 35th Annual Meeting of Stockholders

Retrieved on: 
Monday, January 29, 2024

SPRINGFIELD, Mo., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, will hold its 35th Annual Meeting of Stockholders at:

Key Points: 
  • SPRINGFIELD, Mo., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, will hold its 35th Annual Meeting of Stockholders at:
    This year’s Annual Meeting of Stockholders will be a virtual meeting over the internet.
  • Stockholders will be able to attend the Annual Meeting via a live webcast.
  • Additional information about the Annual Meeting, including how stockholders can access the live webcast, will be provided in the Company’s Notice of Annual Meeting and Proxy Statement.
  • Material to be presented at the Annual Meeting will be available on the Company’s website, www.GreatSouthernBank.com , prior to the start of the meeting.

Gildan Sets Meeting Date and Provides Regulatory Update

Retrieved on: 
Monday, January 29, 2024

Shareholders will receive details about the matters to be presented at the Meeting and about how to vote in a management information circular to be delivered to them in advance of the Meeting.

Key Points: 
  • Shareholders will receive details about the matters to be presented at the Meeting and about how to vote in a management information circular to be delivered to them in advance of the Meeting.
  • The Company also agrees with shareholders who hold the view that a meeting is not required to resolve this matter.
  • But for the violation of the HSR Act, Browning West would not have held sufficient shares to exercise the right to requisition a meeting under Canadian corporate law.
  • The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Focused Compounding Nominates Jacob McDonough (The Guy Who LITERALLY Wrote the Book on Capital Allocation) For Parks! America’s June 6th Annual Meeting

Retrieved on: 
Monday, January 29, 2024

DALLAS, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Focused Compounding is pleased to announce the nomination of Jacob McDonough to their board slate for Parks! America’s June 6th annual meeting. Mr. McDonough earned a Bachelor of Arts in Finance from Michigan State University and is the Founder and Portfolio Manager of McDonough Investments, a capital management firm that manages capital for clients as a registered investment adviser. He is the author of “Capital Allocation: The Financials of a New England Textile Mill (1955-1985),” a book that covers Warren Buffett’s capital reallocation from a failing textile mill to other profitable companies during the early days of his control over Berkshire Hathaway. We believe that Mr. McDonough’s experience in capital management and capital reallocation will allow him to maximize shareholder value as a director.

Key Points: 
  • We believe that Mr. McDonough’s experience in capital management and capital reallocation will allow him to maximize shareholder value as a director.
  • America’s situation today is a lot like the one Buffett faced when he first assumed capital allocation duties at Berkshire.
  • This extreme underestimate of the Missouri park’s true cost does not include interest on borrowed money or reflect opportunity costs.
  • Jacob McDonough: After Warren Buffett took over Berkshire Hathaway in 1965, the company was able to substantially reduce overhead costs.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Waldencast plc - WALD

Retrieved on: 
Friday, January 26, 2024

NEW YORK, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Waldencast plc (“Waldencast” or the “Company”) (NASDAQ: WALD).

Key Points: 
  • NEW YORK, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Waldencast plc (“Waldencast” or the “Company”) (NASDAQ: WALD).
  • The investigation concerns whether Waldencast and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

Exela Technologies Announces Adjournment of Annual Meeting until June 13, 2024

Retrieved on: 
Friday, January 26, 2024

This communication may be deemed solicitation material in respect of the Meeting.

Key Points: 
  • This communication may be deemed solicitation material in respect of the Meeting.
  • The Company may also file other documents with the SEC regarding the business to be conducted at the Meeting.
  • This document is not a substitute for the proxy statement or any other document that may be filed by the Company with the SEC.
  • Security holders may obtain information regarding the names, affiliations and interests of the Company’s directors and executive officers in the Proxy Statement.

Semper Paratus Acquisition Corporation Announces Anticipated Listing of Tevogen Bio Holdings Inc. on Nasdaq

Retrieved on: 
Wednesday, January 24, 2024

New York, NY, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Semper Paratus Acquisition Corporation (“Semper Paratus”) (Nasdaq: LGST, LGSTW), a publicly-traded special purpose acquisition company, today announced that it has filed a supplement (“Prospectus Supplement”) to its definitive proxy statement/prospectus dated January 10, 2024 (the “Proxy Statement/Prospectus”) for the solicitation of proxies in connection with the extraordinary general meeting of Semper Paratus’ shareholders scheduled to be held on January 29, 2024, to consider and vote on, among other proposals as more fully set forth in the Proxy Statement/Prospectus, the transactions (collectively, the “Business Combination”) contemplated by that certain Agreement and Plan of Merger, dated June 28, 2023 (as it may be amended, supplemented or otherwise modified from time to time, the “Merger Agreement”), by and among Semper Paratus, Semper Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Semper Paratus (“Merger Sub”), Tevogen Bio Inc, a Delaware corporation (“Tevogen Bio”), SSVK Associates, LLC, a Delaware limited liability company, and Ryan Saadi in his capacity as seller representative (collectively, the “parties”), pursuant to which Semper Paratus will de-register from the Cayman Islands and redomesticate to the State of Delaware and change its name to Tevogen Bio Holdings Inc. (“New Tevogen”) and Merger Sub will merge with and into Tevogen Bio, with Tevogen Bio surviving as a wholly owned subsidiary of New Tevogen.

Key Points: 
  • New York, NY, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Semper Paratus Acquisition Corporation (“Semper Paratus”) (Nasdaq: LGST, LGSTW), a publicly-traded special purpose acquisition company, today announced that it has filed a supplement (“Prospectus Supplement”) to its definitive proxy statement/prospectus dated January 10, 2024 (the “Proxy Statement/Prospectus”) for the solicitation of proxies in connection with the extraordinary general meeting of Semper Paratus’ shareholders scheduled to be held on January 29, 2024, to consider and vote on, among other proposals as more fully set forth in the Proxy Statement/Prospectus, the transactions (collectively, the “Business Combination”) contemplated by that certain Agreement and Plan of Merger, dated June 28, 2023 (as it may be amended, supplemented or otherwise modified from time to time, the “Merger Agreement”), by and among Semper Paratus, Semper Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Semper Paratus (“Merger Sub”), Tevogen Bio Inc, a Delaware corporation (“Tevogen Bio”), SSVK Associates, LLC, a Delaware limited liability company, and Ryan Saadi in his capacity as seller representative (collectively, the “parties”), pursuant to which Semper Paratus will de-register from the Cayman Islands and redomesticate to the State of Delaware and change its name to Tevogen Bio Holdings Inc. (“New Tevogen”) and Merger Sub will merge with and into Tevogen Bio, with Tevogen Bio surviving as a wholly owned subsidiary of New Tevogen.
  • The Prospectus Supplement was filed to revise the Proxy Statement/Prospectus to disclose that the parties have agreed to seek to list the New Tevogen common stock and public warrants on a tier of The Nasdaq Stock Market instead of the NYSE American, as previously disclosed in the Proxy Statement/Prospectus, and intend to proceed with the Business Combination on that basis.

Zscaler Introduces Industry’s first Zero Trust SASE, Built on Zero Trust AI

Retrieved on: 
Tuesday, January 23, 2024

SAN JOSE, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, announced Zscaler Zero Trust SASE, an industry first, single-vendor SASE solution built utilizing Zscaler Zero Trust AI to help organizations reduce cost and complexity while implementing Zero Trust security across users, devices, and workloads.

Key Points: 
  • SAN JOSE, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, announced Zscaler Zero Trust SASE, an industry first, single-vendor SASE solution built utilizing Zscaler Zero Trust AI to help organizations reduce cost and complexity while implementing Zero Trust security across users, devices, and workloads.
  • The new Zscaler solutions are built on a Zero Trust architecture, where business policies determine user and device access.
  • By connecting users, locations and applications through the Zero Trust Exchange™ Platform, this solution extends zero trust beyond users and protects device and server traffic at branches, warehouses and factories.
  • Zero Trust SD-WAN secures inbound and outbound Zero Trust connectivity in a single device.

Turtle Creek Asset Management Releases Open Letter to Gildan Board Calling on it to Cease its Attempts to Disenfranchise Shareholders

Retrieved on: 
Monday, January 22, 2024

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Turtle Creek Asset Management Inc. (“Turtle Creek”), a Canadian independent investment management firm with a 25-year history and a decade-long shareholder of Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”), today issued an open letter to the board of directors (the “Board”) of Gildan.

Key Points: 
  • It is a simple request – hold the requisitioned meeting of Gildan shareholders (the “Meeting) as you are required by statute to do, to allow shareholders to vote on the composition of the Board.
  • But in reality, your response is nothing more than an attempt to entrench yourselves.
  • But you are not entitled to stop the shareholders from voting on who they wish to represent them on the board of their company.
  • Allow the shareholders, the owners of the Company, to exercise their statutory rights to vote for their representatives.