Uncertainty

QCR Holdings, Inc. Completes Private Placements of Subordinated Notes

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Thursday, August 18, 2022 - 10:13pm

MOLINE, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the Company) today announced that it has completed private placements of $100million in aggregate principal amount subordinated notes.

Key Points: 
  • MOLINE, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the Company) today announced that it has completed private placements of $100million in aggregate principal amount subordinated notes.
  • The private placements were issued in two separate tranches consisting of $45 million in aggregate principal amount of Fixed-to-Floating Rate Subordinated Notes due September 2032 (the 2032 Notes) and $55 million in aggregate principal amount of Fixed-to-Floating Subordinated Notes due September 2037 (the 2037 Notes).
  • The Company intends to use the net proceeds from the private placements for general corporate purposes, which may include, but are not limited to, repurchasing shares of common stock.
  • Piper Sandler & Co. served as the sole placement agent for the offering of the 2032 Notes.

Tecnoglass to Attend Raymond James 2022 Diversified Industrials Conference

Retrieved on: 
Thursday, August 18, 2022 - 9:15pm

Barranquilla, Colombia, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today announced that the Company will attend the Raymond James 2022 Diversified Industrials Conference in New York, NY on Tuesday, August 23, 2022.

Key Points: 
  • Barranquilla, Colombia, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today announced that the Company will attend the Raymond James 2022 Diversified Industrials Conference in New York, NY on Tuesday, August 23, 2022.
  • Tecnoglass Inc. is a leading producer of architectural glass, windows, and associated aluminum products serving the multi-family, single-family and commercial end markets.
  • Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America.
  • These risks, uncertainties and contingencies are indicated from time to time in Tecnoglass filings with the Securities and Exchange Commission.

WolfPAC Launches WolfPAC Essentials, a New Risk Management Platform Built for Lean Organizations

Retrieved on: 
Thursday, August 18, 2022 - 4:00pm

BOSTON, Aug. 18, 2022 /PRNewswire/ -- WolfPAC Integrated Risk Management announces the launch of WolfPAC Essentials, a new, streamlined risk management platform with a straightforward approach to assessing and mitigating the most significant risks to your organization. 

Key Points: 
  • BOSTON, Aug. 18, 2022 /PRNewswire/ -- WolfPAC Integrated Risk Management announces the launch of WolfPAC Essentials , a new, streamlined risk management platform with a straightforward approach to assessing and mitigating the most significant risks to your organization.
  • CEO Mark O'Connell commented, "Over the past two decades, hundreds of financial institutions have used WolfPAC to take their risk management programs to the next level.
  • There's also a lack of viable risk management solutions for lean organizations pushed to do more with less.
  • WolfPAC Essentials gives lean organizations everything they need to build a sophisticated risk management program in three critical areas: Information Technology, Third-Party Relationship Management, and Business Continuity Planning.

Stanford Medicine and GHX Named a Finalist in 2022 Constellation Research SuperNova Awards

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Thursday, August 18, 2022 - 2:30pm

LOUISVILLE, Colo., Aug. 18, 2022 /PRNewswire/ -- GHX today announced customer Stanford Medicine has been named a finalist in the 12th annual Constellation Research "SuperNova Awards" in recognition of its collaboration with GHX to improve its Procure-to-Pay (P2P) operations. As digital transformation evolves across industries and geographies, organizations must make greater investments in technology to remain leaders in their field. The SuperNova Awards recognize individuals and teams who are prioritizing disruptive technology and transforming their organizations with digital initiatives.

Key Points: 
  • LOUISVILLE, Colo., Aug. 18, 2022 /PRNewswire/ -- GHX today announced customer Stanford Medicine has been named a finalist in the 12th annual Constellation Research "SuperNova Awards" in recognition of its collaboration with GHX to improve its Procure-to-Pay (P2P) operations.
  • The SuperNova Awards recognize individuals and teams who are prioritizing disruptive technology and transforming their organizations with digital initiatives.
  • Stanford Medicine and GHX set out to build a stronger, more reliable data foundation to drive more informed decisions about the healthcare organization's P2P operations.
  • To vote for Stanford Medicine and GHX, please go to the Stanford Medicine page and hit "Vote for this Entry" in the upper right-hand corner.

Arkestro Listed As A Sample Vendor in 2022 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions

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Thursday, August 18, 2022 - 2:01pm

SAN FRANCISCO, Aug. 18, 2022 /PRNewswire/ -- Arkestro, the leading Predictive Procurement Orchestration platform, today announced it has been identified as a Sample Vendor in the Gartner Hype Cycle for Procurement and Sourcing Solutions. Arkestro was named in three categories: Autonomous Procurement, Supplier Discovery and Autonomous Sourcing.

Key Points: 
  • SAN FRANCISCO, Aug. 18, 2022 /PRNewswire/ -- Arkestro , the leading Predictive Procurement Orchestration platform, today announced it has been identified as a Sample Vendor in the Gartner Hype Cycle for Procurement and Sourcing Solutions.
  • According to Gartner, "Emerging technologies can help procurement and sourcing teams increase automation, collaboration and agility in the face of uncertainty.
  • Application leaders can use this Hype Cycle to understand the maturity, adoption and benefit of innovations in sourcing and procurement technologies."
  • Gartner, Hype Cycle for Procurement and Sourcing Solutions, 2022, Kaitlynn Sommers, Micky Keck, Patrick Connaughton, Lynne Phelan, 1 August 2022.

FinWise Bancorp Announces Share Repurchase Program

Retrieved on: 
Thursday, August 18, 2022 - 1:30pm

MURRAY, Utah, Aug. 18, 2022 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) (FinWise or the Company), parent company of FinWise Bank (the Bank), today announced that its Board of Directors has approved a share repurchase program that authorizes the Company to repurchase up to 5% of its total number of shares of outstanding common stock as of August 16, 2022, or 644,241 shares.

Key Points: 
  • MURRAY, Utah, Aug. 18, 2022 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) (FinWise or the Company), parent company of FinWise Bank (the Bank), today announced that its Board of Directors has approved a share repurchase program that authorizes the Company to repurchase up to 5% of its total number of shares of outstanding common stock as of August 16, 2022, or 644,241 shares.
  • We are pleased to announce that our Board has authorized a share repurchase program, as we are always committed to enhancing long-term shareholder value, said Kent Landvatter, Chief Executive Officer of FinWise.
  • Under the repurchase program, the Company may, from time to time and on or before the program's expiration date, repurchase shares of its outstanding common stock in the open market, in privately-negotiated transactions, or otherwise, subject to applicable laws and regulations.
  • The repurchase program does not obligate the Company to purchase any particular number of shares.

Agiloft Expands Leadership Team in Response to Rapid Company and Market Growth

Retrieved on: 
Thursday, August 18, 2022 - 1:53pm

REDWOOD CITY, Calif., Aug. 18, 2022 /PRNewswire/ -- Agiloft, the global standard in no-code contract lifecycle management (CLM) software, today announced the appointment of John Pechacek as Chief Technology Officer and Laura Richardson as General Counsel in response to rapid company growth and increasing demand for contract management software. With these additions to Agiloft's executive leadership team, the contract management vendor furthers its commitment to innovation and legal technology expertise to empower customers with automation and optimization of their most complex enterprise contract processes.  

Key Points: 
  • Pechacek brings over 30 years of experience in enterprise technology with an emphasis on innovation in configurability, scalability, and security.
  • Prior to Agiloft, Pechacek served as Velocity Solutions' CTO, which was recognized for its award-winning innovation in SaaS data analytics platforms and applications.
  • He also has held other leadership roles in technology and operations at the SAS Institute, IBM, and others.
  • A long-time champion of legal operations, Laura Richardson brings a wealth of legal technology experience to Agiloft as its new General Counsel.

A SECOND INDEPENDENT PROXY ADVISORY FIRM, GLASS LEWIS RECOMMENDS ALEXCO SHAREHOLDERS VOTE FOR THE PROPOSED TRANSACTION WITH HECLA

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Thursday, August 18, 2022 - 1:00pm

VANCOUVER, BC, Aug. 18, 2022 /PRNewswire/ - Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) ("Alexco" or the "Company") is pleased to announce that a second independent, third-party proxy advisory firm, Glass Lewis & Co. LLC ("Glass Lewis") has recommended Alexco shareholders ("Alexco Shareholders") vote "FOR" the proposed acquisition of Alexco by 1080980 B.C.

Key Points: 
  • VANCOUVER, BC, Aug. 18, 2022 /PRNewswire/ - Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) ("Alexco" or the "Company") is pleased to announce that a second independent, third-party proxy advisory firm, Glass Lewis & Co. LLC ("Glass Lewis") has recommended Alexco shareholders ("Alexco Shareholders") vote "FOR" the proposed acquisition of Alexco by 1080980 B.C.
  • Under the terms of the Arrangement, Alexco Shareholders will receive 0.116 common shares in the capital of Hecla (each common share, a "Hecla Share") for each Alexco Share held (the "Consideration").
  • In their report, Glass Lewis noted: "Based on the compelling rationale underpinning the proposed merger, as well as reasonable financial terms, we believe that the proposed merger warrants shareholder support."
  • It is expected that Alexco Shareholders will hold approximately 3% of the Hecla Shares on an outstanding undiluted basis upon completion of the Arrangement.

JupiterOne Recognized as a Sample Vendor for Cyber Asset Attack Surface Management (CAASM) in Gartner® Hype Cycle™ for Cyber Risk Management, 2022

Retrieved on: 
Thursday, August 18, 2022 - 1:00pm

MORRISVILLE, N.C., Aug. 18, 2022 /PRNewswire/ -- JupiterOne , the industry's leading provider of cyber asset attack surface management (CAASM) technology, today announced that it was named as a Sample Vendor for CAASM in the latest release of the Gartner Hype Cycle for Cyber Risk Management, 2022.

Key Points: 
  • MORRISVILLE, N.C., Aug. 18, 2022 /PRNewswire/ -- JupiterOne , the industry's leading provider of cyber asset attack surface management (CAASM) technology, today announced that it was named as a Sample Vendor for CAASM in the latest release of the Gartner Hype Cycle for Cyber Risk Management, 2022.
  • The Gartner report notes that security and risk management (SRM) leaders continue to struggle to:
    "Position risk management as a decision-making practice.
  • JupiterOne was named a Sample Vendor for CAASM in the latest release of the Gartner Hype Cycle for Security Operations, 2022 .
  • Additionally, Gartner recognized JupiterOne as a Representative Provider for CAASM in the Innovation Insights for Attack Surface Management and as a Sample Vendor in the Gartner Hype Cycle for Workload and Network Security, 2022 research reports.

Benefitfocus Announces Successful Completion of $140 Million New Senior Secured Credit Facility

Retrieved on: 
Thursday, August 18, 2022 - 12:30pm

The Senior Secured Credit Facility matures in August 2026 and includes a $15 million revolver (the Revolver) and a $125 million delayed draw term loan (the Term Loan).

Key Points: 
  • The Senior Secured Credit Facility matures in August 2026 and includes a $15 million revolver (the Revolver) and a $125 million delayed draw term loan (the Term Loan).
  • Benefitfocus plans to use the proceeds of any borrowing under the Senior Secured Credit Facility for general corporate purposes and refinancing of existing indebtedness.
  • We arepleased to extend our maturity profile with this new credit facility in place, said Benefitfocus Chief Financial Officer, Alpana Wegner.
  • The material terms of the Senior Secured Credit Facilitywill be disclosed in a Form 8-K to be filed today.