Due diligence

TEGNA's Largest Active Shareholder Commissions Independent Study On The Company's DE&I Issues

Retrieved on: 
Thursday, April 29, 2021

Simple Google searches unveil issues of discrimination from the top to the bottom from current board members down to the station-level.

Key Points: 
  • Simple Google searches unveil issues of discrimination from the top to the bottom from current board members down to the station-level.
  • We have released it here:\nWe are research-intensive investors that conduct our own extensive due diligence and do not solely rely on management representations.
  • But, it is a shame that TEGNA\'s largest active shareholder has had to do the job of its board and management team.
  • We hope this report will enable shareholders to make an informed choice on the future direction of the Company.\n'

SmartSearch TripleCheck Sets New Standard in AML Security for U.S.

Retrieved on: 
Thursday, April 29, 2021

Then, using a customer \'Selfie Liveness Video\' (SLV), it uses biometric and liveness detection to compare the \'real person\' with the document provided to ensure the image and information is genuine.\nLevel 3 of TripleCheck utilises various Digital Elements (DEs) such as mobile phone numbers, email and IP addresses, to create robust and easy-to-understand fraud risk indicators and deliver an overall risk score.

Key Points: 
  • Then, using a customer \'Selfie Liveness Video\' (SLV), it uses biometric and liveness detection to compare the \'real person\' with the document provided to ensure the image and information is genuine.\nLevel 3 of TripleCheck utilises various Digital Elements (DEs) such as mobile phone numbers, email and IP addresses, to create robust and easy-to-understand fraud risk indicators and deliver an overall risk score.
  • A dashboard provides detailed information to support additional due diligence, enabling further investigation of high-risk events.\nThe SmartSearch TripleCheck technology then \'triangulates\' this information, matching the DEs to the individual\'s terrestrial address and enabling the CRA data, ID document and SLV imaging to be bound together to create a unique Composite Digital Identity (CDI).\nCheekadds: "The new legislation introduced in January requires a lot more information about businesses and their customers for compliance.
  • So, the launch of TripleCheck in the U.S. will provide the solution millions of businesses will be looking for.
  • "\nSmartSearch is a leading UK provider of anti-money-laundering software.

VISO Trust Raises $3M Seed Round to Deliver Automated Third Party Cyber Due Diligence at the Speed of Business

Retrieved on: 
Wednesday, April 28, 2021

b'SAN FRANCISCO, April 28, 2021 /PRNewswire/ -- Today, VISO Trust announced that it has raised $3M in Seed funding to automate third party cyber due diligence with an AI-driven social due diligence network.

Key Points: 
  • b'SAN FRANCISCO, April 28, 2021 /PRNewswire/ -- Today, VISO Trust announced that it has raised $3M in Seed funding to automate third party cyber due diligence with an AI-driven social due diligence network.
  • Kelley Mak, Principal at Work-Bench, will join VISO Trust\'s Board of Directors.\nToday, more than 65% of security breaches occur because of third party failures.
  • "The main investment focus of Lytical Ventures is cyber and AI, so we naturally have great synergy with VISO Trust.
  • By leveraging social due diligence and curated artificial intelligence, VISO Trust delivers the timely, accurate information needed to make good risk decisions at the speed of business.

Industry veteran Marino Petropoulos joins Palm Tree LLC, bringing over 30 years of consulting and industry experience

Retrieved on: 
Thursday, April 22, 2021

"My background in consulting, accounting, and operations across a variety of industries fits perfectly with the full-service offering at Palm Tree and allows us to better serve the needs of our clients.

Key Points: 
  • "My background in consulting, accounting, and operations across a variety of industries fits perfectly with the full-service offering at Palm Tree and allows us to better serve the needs of our clients.
  • Petropoulos joins Palm Tree with over 30 years of experience including buy- and sell-side financial due diligence, carve-outs, internal control and system evaluations, preparation of purchase accounting and opening balance sheet entries, year-end audit preparation, and working capital disputes and adjustments.
  • "To now be able to have someone as talented as Marino join us and believe in our vision is humbling.
  • Born out of private equity, Palm Tree navigates the time-sensitive, demanding, uncompromising rigors of M&A with the perspective of owners and investors.

Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend

Retrieved on: 
Thursday, April 15, 2021

The Company\xe2\x80\x99s strategy is to focus on value-add and opportunistic commercial real estate which is expected to provide an attractive balance of risk and returns.

Key Points: 
  • The Company\xe2\x80\x99s strategy is to focus on value-add and opportunistic commercial real estate which is expected to provide an attractive balance of risk and returns.
  • Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions.
  • For more information on Medalist, please visit the Company website at https://www.medalistreit.com .\nThis press release contains statements that are \xe2\x80\x9cforward-looking statements\xe2\x80\x9d within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws.
  • Investors should not place undue reliance upon forward-looking statements.

Venminder to Present Virtual Three-Day Third-Party Risk Management Bootcamp April 20-23

Retrieved on: 
Monday, April 12, 2021

b'ELIZABETHTOWN, Ky., April 12, 2021 /PRNewswire-PRWeb/ -- Venminder, an industry recognized leader of third-party risk management solutions, recently announced registration was open for their three-day Third-Party Risk Management Bootcamp taking place on April 20-22.

Key Points: 
  • b'ELIZABETHTOWN, Ky., April 12, 2021 /PRNewswire-PRWeb/ -- Venminder, an industry recognized leader of third-party risk management solutions, recently announced registration was open for their three-day Third-Party Risk Management Bootcamp taking place on April 20-22.
  • The CPE credit eligible, bi-annual event will be held online with 2-hour sessions each of the three days and brings leading experts of third-party risk under one virtual roof.
  • The bootcamp is designed for those responsible for or involved in supporting third-party risk management and will provide participants with actionable insights and an in-depth look at the important components of a successful program.\n"Third-party risk management is a vitally important standard and best practice for all organizations," said James Hyde , chief executive officer at Venminder.
  • Venminder\'s platform helps users collaborate on all things vendor-related and guides through critical processes such as oversight management, contract management, risk assessments, due diligence requirements, questionnaires, SLA management, vendor onboarding and more.

Mosaic Capital Corporation Announces Grant of RSUs

Retrieved on: 
Wednesday, April 7, 2021

Calgary, Alberta--(Newsfile Corp. - April 7, 2021) - Mosaic Capital Corporation (TSXV: M) (TSXV: M.DB) ("Mosaic" or the "Company") reports that it has granted, as part of its long-term incentive compensation program, an aggregate of 285,338 restricted security units ("RSUs"), comprised of 219,214 to its directors and executive officers and 66,124 to its employees.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - April 7, 2021) - Mosaic Capital Corporation (TSXV: M) (TSXV: M.DB) ("Mosaic" or the "Company") reports that it has granted, as part of its long-term incentive compensation program, an aggregate of 285,338 restricted security units ("RSUs"), comprised of 219,214 to its directors and executive officers and 66,124 to its employees.
  • The RSUs granted will vest yearly in three equal tranches starting in April 2022.
  • Mosaic is a Canadian investment company that owns a portfolio of established businesses which span a diverse range of industries and geographies.
  • Mosaic achieves its objectives by maintaining financial discipline, acquiring businesses at attractive valuations, performing extensive acquisition due diligence, utilizing optimal transaction structuring and working closely with subsidiary businesses after acquisition.

New PennSpring Partner Further Bolsters Internal Financial Analysis Expertise

Retrieved on: 
Tuesday, April 6, 2021

Andrew brings to PennSpring over 13 years of transaction-related experience, particularly in buy-side and sell-side financial due diligence for both private equity firms and strategic buyers.

Key Points: 
  • Andrew brings to PennSpring over 13 years of transaction-related experience, particularly in buy-side and sell-side financial due diligence for both private equity firms and strategic buyers.
  • In addition to his expertise in financial due diligence, Andrew provided advisory services on various M&A matters, such as the negotiation of purchase agreements, deal structuring and synergy analysis.
  • "This is an exciting time for both PennSpring and area business owners," stated PennSpring Managing Partner Lou Castelli.
  • PennSpring has worked with Andrew on numerous projects, and we have experienced firsthand his financial acumen, analysis ability and rigorous attention to detail.

Avpro, Inc. Appoints Donald Synborski Managing Director of Finance

Retrieved on: 
Thursday, March 25, 2021

We are pleased to announce that Donald Synborski has joined the Avpro team as Managing Director of Finance.

Key Points: 
  • We are pleased to announce that Donald Synborski has joined the Avpro team as Managing Director of Finance.
  • Don brings over 30 years of equipment finance experience to Avpro .
  • In his new role, Don will interface with the aircraft lending community on a day-to-day basis, providing a full range of operational and financial solutions for our clients.
  • Dons extensive knowledge complements our existing client advisory services; our objective is to streamline the finance due diligence process on behalf of our clients, while enhancing the overall execution process.

Fomo Corp. Planned Acquisition Smartguard Awarded Substantial Contract

Retrieved on: 
Thursday, March 25, 2021

Chicago, IL, March 25, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. ( https://www.fomoworldwide.com/ - US OTC: ETFM) is pleased to announce that SmartGuard Energy ( https://smartguard-solutions.com/ ), currently under a Letter of Intent for acquisition by FOMO CORP., has recently been awarded a contract byone of the largest hospitality and gaming entities in the world.

Key Points: 
  • Chicago, IL, March 25, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. ( https://www.fomoworldwide.com/ - US OTC: ETFM) is pleased to announce that SmartGuard Energy ( https://smartguard-solutions.com/ ), currently under a Letter of Intent for acquisition by FOMO CORP., has recently been awarded a contract byone of the largest hospitality and gaming entities in the world.
  • SmartGuard Energy is in the process of completing its final due diligence and is expected to sign a Definitive Agreement with FOMO CORP. by April 15, 2021.
  • Said Bill Butler, CEO of SmartGuard Energy, LLC: "We are very pleased to have been awarded this contract with such a premier company.
  • This contract is reflective of the increase in business we are seeing as businesses are transitioning to clean, energy-efficient technologies.