Foundation

P10 Announces Pricing of its Initial Public Offering

Thursday, October 21, 2021 - 4:45am

DALLAS, Oct. 20, 2021 (GLOBE NEWSWIRE) -- P10, Inc. (P10), a leading private markets solutions provider, today announced the pricing of its initial public offering of 20,000,000 shares of its Class A common stock at a price to the public of $12.00 per share.

Key Points: 
  • DALLAS, Oct. 20, 2021 (GLOBE NEWSWIRE) -- P10, Inc. (P10), a leading private markets solutions provider, today announced the pricing of its initial public offering of 20,000,000 shares of its Class A common stock at a price to the public of $12.00 per share.
  • P10 will not receive any proceeds from the sale of shares of Class A common stock by the selling stockholders.
  • In conjunction with the pricing of P10s initial public offering, P10 Holdings, Inc. (P10 Holdings) and P10 consummated a reorganization, pursuant to which P10 Holdings effected a reverse stock split of its outstanding shares of common stock on a 0.7-for-1 basis and the split-adjusted common stock of P10 Holdings was automatically exchanged for an equivalent number of shares of Class B common stock of P10.
  • P10 Holdings became a wholly-owned subsidiary of P10, and trading of P10 Holdings on the OTC Pink Open Market terminated.

INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Files Securities Class Action Against Goldman Sachs Group Inc. and Morgan Stanley

Wednesday, October 20, 2021 - 11:38pm

NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (Scott+Scott), an international shareholder and consumer rights litigation firm, has filed a securities class action lawsuit against Goldman Sachs Group Inc. (Goldman Sachs) and Morgan Stanley (Morgan Stanley), alleging violations of 20A, 10(b), and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act), 15 U.S.C.

Key Points: 
  • NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (Scott+Scott), an international shareholder and consumer rights litigation firm, has filed a securities class action lawsuit against Goldman Sachs Group Inc. (Goldman Sachs) and Morgan Stanley (Morgan Stanley), alleging violations of 20A, 10(b), and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act), 15 U.S.C.
  • 78t-1, 78j(b), and 78t(a), and Securities and Exchange Commission (SEC) Rule 10b-5 promulgated thereunder, 17 C.F.R.
  • As a result of these sales, Defendants Goldman Sachs and Morgan Stanley avoided billions in losses combined.
  • Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States.

Center Coast Brookfield MLP & Energy Infrastructure Fund Announces Changes to Portfolio Management Team and Portfolio Manager Update Webcast

Wednesday, October 20, 2021 - 11:02pm

NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Center Coast Brookfield MLP & Energy Infrastructure Fund (NYSE: CEN) (the Fund) today announced changes to the portfolio management team at Brookfield Public Securities Group LLC (Brookfield), the investment adviser to the Fund.

Key Points: 
  • NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Center Coast Brookfield MLP & Energy Infrastructure Fund (NYSE: CEN) (the Fund) today announced changes to the portfolio management team at Brookfield Public Securities Group LLC (Brookfield), the investment adviser to the Fund.
  • Tom Miller Managing Director, Portfolio Manager, Infrastructure Securities
    Tom Miller, CFA, has 12 years of industry experience and is a Managing Director and Portfolio Manager on Brookfields Infrastructure Securities team.
  • Before focusing on his portfolio manager duties, he was responsible for covering North American infrastructure securities focusing on MLPs and the energy infrastructure sector.
  • Center Coast Brookfield MLP & Energy Infrastructure Fund is managed by PSG.

LICT Corporation Shareholder Designated Charitable Contribution Program

Wednesday, October 20, 2021 - 9:46pm

LICT Corporation (OTC Pink: LICT) announced today that its Board is in final discussions regarding continuing its Shareholder Charitable Contribution program for all registered shareholders.

Key Points: 
  • LICT Corporation (OTC Pink: LICT) announced today that its Board is in final discussions regarding continuing its Shareholder Charitable Contribution program for all registered shareholders.
  • Each registered shareholder will be eligible to designate a 501(c)3 charity to which the company will make a donation of $100 per share on behalf of the shareholder.
  • In addition to our Shareholder Giving Program, as we have done in the past, LICT will extend the opportunity for each of our Teammates to allocate a 501(c)3 charity to whom the Company will make a donation.
  • At LICT, we believe charitable giving is a cornerstone of society and an obligation for those with means to make a difference in the world.

First Trust High Income Long/Short Fund Decreases its Monthly Common Share Distribution to $0.105 Per Share for November

Wednesday, October 20, 2021 - 9:30pm

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has decreased its regularly scheduled monthly common share distribution to $0.105 per share from $0.11 per share.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has decreased its regularly scheduled monthly common share distribution to $0.105 per share from $0.11 per share.
  • The reinvestment rate of the fund tracks the yield of the high yield market.
  • The Fund is a diversified, closed-end management investment company that seeks to provide current income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Lady Dr. Jill Biden Delivers Remarks as National Action Plan to Combat Adult Literacy Announced

Wednesday, October 20, 2021 - 9:30pm

The Summit convened adult literacy experts, education researchers, edtech innovators, philanthropic leaders and industry partners for collaborative work to solve the problem of low literacy in America.

Key Points: 
  • The Summit convened adult literacy experts, education researchers, edtech innovators, philanthropic leaders and industry partners for collaborative work to solve the problem of low literacy in America.
  • First Lady of the United States Jill Biden delivered the event's keynote remarks.
  • This year's Summit centered on the implementation of the National Action Plan for Adult Literacy.
  • "Today the launch of the first-ever National Action Plan for Adult Literacy marks a new start.

Todd Wanek Inducted into American Home Furnishings Hall of Fame

Wednesday, October 20, 2021 - 7:29pm

ARCADIA, Wis., Oct. 20, 2021 (GLOBE NEWSWIRE) -- On Sunday, October 17th, Ashley Furniture Industries President and CEO, Todd Wanek, was inducted into the American Home Furnishings Hall of Fame as one of five in the Class of 2020.

Key Points: 
  • ARCADIA, Wis., Oct. 20, 2021 (GLOBE NEWSWIRE) -- On Sunday, October 17th, Ashley Furniture Industries President and CEO, Todd Wanek, was inducted into the American Home Furnishings Hall of Fame as one of five in the Class of 2020.
  • Todd joins his father, Ron Wanek, Class of 2006, in theHall of Fame.
  • Committee voting is grounded on four foundations: enduring excellence, superior accomplishments, innovation and creativity and philanthropic generosity.
  • I am deeply humbled to be represented in the American Home Furnishings Hall of Fame.

AeroGarden expands STEM opportunities for students with National Farm to School Network through The Scotts Miracle-Gro Foundation

Wednesday, October 20, 2021 - 3:53pm

The Scotts Miracle-Gro Foundations partnership with National Farm to School Network and the extension of the GroMoreGood Hydroponic Garden Project are part of ScottsMiracle-Gros enterprise-wide GroMoreGood initiative to connect 10 million children to the benefits of gardens and green spaces by 2023.

Key Points: 
  • The Scotts Miracle-Gro Foundations partnership with National Farm to School Network and the extension of the GroMoreGood Hydroponic Garden Project are part of ScottsMiracle-Gros enterprise-wide GroMoreGood initiative to connect 10 million children to the benefits of gardens and green spaces by 2023.
  • "Gardening activities and the experience of growing food offer students countless benefits, from supporting increased knowledge in STEM concepts to expanding willingness to try new fruits and vegetables," said Lacy Stephens, Senior Program Manager with the National Farm to School Network.
  • Each participating school will receive an AeroGarden hydroponic garden kit, supplies to grow fresh vegetables, the STEM-aligned Discovering Through Hydroponics: K-2 Classroom Guide developed by KidsGardening, networking and peer learning opportunities with other participating groups and programmatic support from National Farm to School Network and the GroMoreGood team.
  • Were thrilled to bring gardening, learning experiences and fresh vegetables to even more classrooms with the continuation of our partnership with National Farm to School Network, says Tina Edwards, Brand Manager, AeroGarden.

Sommelier Raises $23M Series A Round to Build Decentralized Blockchain for Automated Portfolio Management

Wednesday, October 20, 2021 - 4:00pm

This round of funding comes as the Sommelier network starts its mainnet powered by a decentralized network of leading blockchain validators.

Key Points: 
  • This round of funding comes as the Sommelier network starts its mainnet powered by a decentralized network of leading blockchain validators.
  • "Sommelier is bringing the promise of the Cosmos blockchain and Tendermint consensus to power a new approach to financial engineering and portfolio management," said Zaki Manian, Co-Founder of Sommelier.
  • "Sommelier is revolutionizing traditional portfolio management by empowering Liquidity Providers with decentralized execution automation," said Olaf Carlson-Wee, Founder and CEO of Polychain Capital.
  • The Sommelier community will next vote to approve and deploy community-governed Cellars, which are programs that will fully automate Liquidity Management via the Sommelier blockchain.

FGA Report Shows Economic Recovery Available to States that Implement Employment and Training Food Stamp Requirements

Wednesday, October 20, 2021 - 3:45pm

Food stamp work requirements consistently prove to effectively encourage able-bodied adults to find work and more than triple their incomes.

Key Points: 
  • Food stamp work requirements consistently prove to effectively encourage able-bodied adults to find work and more than triple their incomes.
  • Congressionally approved pandemic related suspensions of work requirements for able-bodied adults without dependents (ABAWDs) continue to hurt individuals trapped in dependency and prevent states from full economic recovery.
  • FGA found that states can reimplement general work requirements to their food stamp programs to encourage individuals back to work.
  • States should implement mandatory employment and training assignments so that more Americans can return to work and contribute to their local economies.