American depositary receipt

NYSE to Commence Delisting Proceedings Against Gol Linhas Aéreas Inteligentes S.A. (GOL)

Retrieved on: 
Friday, January 26, 2024

The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American Depositary Shares (“ADSs”), each representing two Preferred Shares of Gol Linhas Aéreas Inteligentes S.A. (the “Company”) — ticker symbol GOL — from the NYSE.

Key Points: 
  • The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American Depositary Shares (“ADSs”), each representing two Preferred Shares of Gol Linhas Aéreas Inteligentes S.A. (the “Company”) — ticker symbol GOL — from the NYSE.
  • In reaching its delisting determination, NYSE Regulation noted the uncertainty as to the ultimate effect of this process on the value of the Company’s ADSs.
  • The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange.
  • The NYSE will apply to the Securities and Exchange Commission to delist the Company’s ADSs upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

ROSEN, A LONGSTANDING LAW FIRM, Encourages Evolution AB (publ) Investors to Secure Counsel Before Important Deadline in Securities Class Action – EVVTY

Retrieved on: 
Thursday, January 25, 2024

WHAT TO DO NEXT: To join the Evolution AB class action, go to https://rosenlegal.com/submit-form/?case_id=22119 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Evolution AB class action, go to https://rosenlegal.com/submit-form/?case_id=22119 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Federman & Sherwood Announces Filing the First Securities Class Action Lawsuit Against Evolution AB, Martin Carlesund, and Jacob Kaplan

Retrieved on: 
Thursday, January 25, 2024

Federman & Sherwood announces that on January 23, 2024 it filed a class action lawsuit in the United States District Court for Eastern District of Pennsylvania against Evolution AB (“Evolution”), Martin Carlesund, and Jacob Kaplan (“Defendants”).

Key Points: 
  • Federman & Sherwood announces that on January 23, 2024 it filed a class action lawsuit in the United States District Court for Eastern District of Pennsylvania against Evolution AB (“Evolution”), Martin Carlesund, and Jacob Kaplan (“Defendants”).
  • As a result, Evolution saw a significant change in the value of its share prices, including its American Depository Shares (“ADSs”).
  • Plaintiffs seek to recover damages on behalf of all Evolution AB investors who purchased securities, including ADSs, during the Class Period.
  • Managing Partner, William B. Federman has served as counsel for many shareholders and handled over sixty class action suits.

Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in December

Retrieved on: 
Monday, January 22, 2024

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.

Key Points: 
  • The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.
  • A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income".
  • The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes.

ROSEN, TOP RANKED NATIONAL INVESTOR ATTORNEYS, Encourages Grifols, S.A. Investors to Inquire About Securities Class Action Investigation - GRFS, GIKLY, GIFOF, GIFLF

Retrieved on: 
Saturday, January 27, 2024

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=21699 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Evolution AB (publ) Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - EVVTY

Retrieved on: 
Friday, January 26, 2024

WHAT TO DO NEXT: To join the Evolution AB class action, go to https://rosenlegal.com/submit-form/?case_id=22119 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Evolution AB class action, go to https://rosenlegal.com/submit-form/?case_id=22119 or call Phillip Kim, Esq.
  • toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Steakholder Foods Ltd. Announces Exercise of Warrants for Approximately $6.6 Million in Gross Proceeds

Retrieved on: 
Thursday, January 25, 2024

The ADSs representing ordinary shares issuable upon exercise of warrants into 7,857,143 ADSs are registered pursuant to effective registration statements on Form F-1 (File No.

Key Points: 
  • The ADSs representing ordinary shares issuable upon exercise of warrants into 7,857,143 ADSs are registered pursuant to effective registration statements on Form F-1 (File No.
  • In consideration for the immediate exercise of the warrants for cash, Steakholder Foods will issue new unregistered warrants to purchase up to 28,714,286 ADSs.
  • The gross proceeds to Steakholder Foods from the exercise of the warrants are expected to be approximately $6.6 million, prior to deducting placement agent fees and offering expenses.
  • Steakholder Foods has agreed to file a registration statement with the SEC covering the resale of the ADSs issuable upon exercise of the new warrants and the restricted ADSs.

Emeren Group Announces Preliminary 2023 Financials and 2024 Outlook

Retrieved on: 
Thursday, January 25, 2024

Positive Operating Cash Flow and Strong Cash Position: As of December 31, 2023, Emeren achieved a cash balance of $70 million.

Key Points: 
  • Positive Operating Cash Flow and Strong Cash Position: As of December 31, 2023, Emeren achieved a cash balance of $70 million.
  • 2023 Financial Results: Despite delayed governmental approvals impacting revenue in Q4 2023, Emeren anticipates full year 2023 revenue of approximately $100 million and a net loss of $6-7 million.
  • 2024 Financial Guidance and Strategic Shift: Emeren anticipates net income of approximately $26 million for the fiscal year 2024.
  • Enhanced Disclosure and Transparency: To foster stronger communication with stakeholders, beginning in 2024, Emeren will initiate 10K/10Q filings, offering increased disclosures and transparency.

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Grifols, S.A. Investors to Inquire About Securities Class Action Investigation - GRFS, GIKLY, GIFOF, GIFLF

Retrieved on: 
Thursday, January 18, 2024

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=21699 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=21699 or call Phillip Kim, Esq.
  • toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Natura &Co announces intention to end secondary listing on NYSE

Retrieved on: 
Thursday, January 18, 2024

SÃO PAULO, 18 January 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has approved a plan to end the company's secondary listing of American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE), while maintaining its primary listing of common shares on the B3 stock exchange in São Paulo.

Key Points: 
  • SÃO PAULO, 18 January 2024 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that its Board of Directors has approved a plan to end the company's secondary listing of American Depositary Shares (ADSs) on the New York Stock Exchange (NYSE), while maintaining its primary listing of common shares on the B3 stock exchange in São Paulo.
  • In line with the company's long-term strategic objectives of simplifying operations, Natura &Co has decided to discontinue its secondary listing on the NYSE, as the vast majority of Natura &Co trading activity is concentrated on the B3 stock exchange.
  • The decreasing trading volume of Natura &Co ADRs on the NYSE no longer makes maintaining the listing a compelling option.
  • Natura &Co has not arranged for listing, quotation and/or registration of the ADRs on another securities exchange or quotation medium.