Inheritance

American Trust Company Signs Agreement to Acquire LT Trust Company

Retrieved on: 
Thursday, June 24, 2021

American Trust Company (American Trust), a leading, full-service provider of retirement solutions to small- and mid-sized plan sponsors, has signed a definitive agreement to acquire Denver based LT Trust Company (LT Trust), a national retirement plan provider and recordkeeper.

Key Points: 
  • American Trust Company (American Trust), a leading, full-service provider of retirement solutions to small- and mid-sized plan sponsors, has signed a definitive agreement to acquire Denver based LT Trust Company (LT Trust), a national retirement plan provider and recordkeeper.
  • Chairman and CEO Bob Beriault will continue as a consultant to American Trust, as well as a shareholder, and the firms approximately 100 employees will all join American Trust at the close of the transaction.
  • LT Trust shares our deep commitment to advisor success, evident through the development of their advanced technology platforms and effective experience-driven solutions, said Micah DiSalvo, Chief Revenue Officer at American Trust.
  • American Trust is a leading, full-service provider of retirement plan solutions to advisors serving the small- and mid-sized plan market.

Arena Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Friday, June 18, 2021

The inducement stock options and RSUs have a grant date and vesting commencement date of June 15, 2021 and were granted as inducements material to the new employees entering employment with Arena in accordance with Nasdaq Listing Rule 5635(c)(4).

Key Points: 
  • The inducement stock options and RSUs have a grant date and vesting commencement date of June 15, 2021 and were granted as inducements material to the new employees entering employment with Arena in accordance with Nasdaq Listing Rule 5635(c)(4).
  • The inducement stock options and inducement RSUs are subject to the terms and conditions of Arena's Amended and Restated 2021 Long-Term Incentive Plan.
  • ARENA Pharmaceuticals is a team with a singular purpose deliver important medicines to patients.
  • Arena disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.

Kala Pharmaceuticals Reports Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)

Retrieved on: 
Friday, June 18, 2021

The Company granted stock options to purchase up to an aggregate of 64,500 shares of Kala Pharmaceuticals common stock to five new employees.

Key Points: 
  • The Company granted stock options to purchase up to an aggregate of 64,500 shares of Kala Pharmaceuticals common stock to five new employees.
  • The grants were approved by the Compensation Committee and were made as an inducement material to each employee entering into employment with Kala Pharmaceuticals in accordance with NASDAQ Listing Rule 5635(c)(4).
  • The option awards have an exercise price of $5.70 per share, the closing price of Kala Pharmaceuticals common stock on June 15, 2021.
  • Vesting of each option is subject to such employees continued service with Kala Pharmaceuticals through the applicable vesting dates.

Hugoton Royalty Trust Declares No June Cash Distribution

Retrieved on: 
Friday, June 18, 2021

Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.

Key Points: 
  • Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.
  • As a result, Simmons Bank, the Trustee, is currently paying the expenses for the Trust, subject to its rights to be indemnified and reimbursed pursuant to the terms of the Trust indenture.
  • However, there is nothing in the Trust indenture that requires Simmons Bank to pay the expenses for the Trust.
  • Any material sale of assets and/or termination of the Trust requires unitholder approval by at least 80% of all outstanding units.

Sesen Bio Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Friday, June 18, 2021

Under the grant of the non-statutory stock option, up to 52,500 shares of Sesen Bio common stock are purchasable upon vesting of the stock option within the ten-year term.

Key Points: 
  • Under the grant of the non-statutory stock option, up to 52,500 shares of Sesen Bio common stock are purchasable upon vesting of the stock option within the ten-year term.
  • The option was granted as a material inducement to employment in accordance with Nasdaq Listing Rule 5635(c)(4).
  • Sesen Bio, Inc. is a late-stage clinical company advancing targeted fusion protein therapeutics for the treatment of patients with cancer.
  • Sesen Bio continues to monitor the rapidly evolving environment regarding the potential impact of the COVID-19 pandemic on our Company.

United States Market Based Family Office Forecast Report 2021 Featuring Carlyle Group, Goldman Sachs, Mars, Merrill Lynch, Patagonia, Peoples Drugstores, Takamatsu

Retrieved on: 
Thursday, June 17, 2021

DUBLIN, June 17, 2021 /PRNewswire/ -- The "United States Market Based Family Office Forecast" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 17, 2021 /PRNewswire/ -- The "United States Market Based Family Office Forecast" report has been added to ResearchAndMarkets.com's offering.
  • That development depends on the heirs, industry and assets but more or less a central part to wealth is family.
  • Often as family offices make do for heirs and their particular interests they begin to involve the next generation completely.
  • Regardless, these family office ventures proved successful and efficient and a new type of money management was born in the United States of America: the single family office.

Service Properties Trust Announces Annual Meeting Results

Retrieved on: 
Wednesday, June 16, 2021

Service Properties Trust (Nasdaq: SVC) today announced the results of its 2021 Annual Meeting of Shareholders, which was held earlier today, as follows.

Key Points: 
  • Service Properties Trust (Nasdaq: SVC) today announced the results of its 2021 Annual Meeting of Shareholders, which was held earlier today, as follows.
  • The final tabulation of the percentage of shareholders votes cast for this Independent Trustee is as follows:
    William A. Lamkin was re-elected as an Independent Trustee.
  • The final tabulation of the percentage of shareholders votes cast for this proposal is as follows:
    Service Properties Trust is a real estate investment trust which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada.
  • No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Digital Executor®: Unraveling the New Path for Estate Planning, Now Available to Guide Advisors on the Digital Transformation Impacting the Estate Industry

Retrieved on: 
Wednesday, June 16, 2021

Sharon Hartung, Your Digital Undertaker, recognized as one of the leading and original voices in digital estate planning globally, announces the launch of her latest book, Digital Executor: Unraveling the New Path for Estate Planning .

Key Points: 
  • Sharon Hartung, Your Digital Undertaker, recognized as one of the leading and original voices in digital estate planning globally, announces the launch of her latest book, Digital Executor: Unraveling the New Path for Estate Planning .
  • Digital Executor: Unraveling the New Path for Estate Planning explores how the proliferation of these digital assets is making technology the new player at the estate planning table.
  • Digital Executor: Unraveling the New Path for Estate Planning examines vital topics, including:
    The context of where technology fits in a clients estate, an advisors profession, and organizational practices.
  • The fundamental reasons why digital assets and estate planning tools are critical for advisors to understand to better manage their clients estate.

United States Market Based Family Office Forecast Report 2021 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 15, 2021

The "United States Market Based Family Office Forecast" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States Market Based Family Office Forecast" report has been added to ResearchAndMarkets.com's offering.
  • That development depends on the heirs, industry and assets but more or less a central part to wealth is family.
  • Often as family offices make do for heirs and their particular interests they begin to involve the next generation completely.
  • Regardless, these family office ventures proved successful and efficient and a new type of money management was born in the United States of America: the single family office.

ERES REIT Declares June 2021 Monthly Distribution

Retrieved on: 
Tuesday, June 15, 2021

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, ERES) is pleased to announce that the trustees of ERES have declared the June 2021 monthly cash distribution of 0.00917 per Unit and Class B LP Unit (the June Distribution), being equivalent to 0.110 per Unit annualized.

Key Points: 
  • TORONTO, June 15, 2021 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, ERES) is pleased to announce that the trustees of ERES have declared the June 2021 monthly cash distribution of 0.00917 per Unit and Class B LP Unit (the June Distribution), being equivalent to 0.110 per Unit annualized.
  • The distribution will be payable to holders of the Units and Class B LP Units (the Unitholders) of record on June 30, 2021, with payment on July 15, 2021.
  • The final cash distribution in respect of May 2021 was C$0.01347 per Unit and Class B LP Unit.
  • ERES intends to continue to make regular monthly distributions, subject to the discretion of the ERES Board of Trustees.