Schedule

Benzinga Cannabis Capital Conference Presents Stellar Speaker Line-Up Amid Anticipated Cannabis Rescheduling

Retrieved on: 
Tuesday, April 2, 2024

HOLLYWOOD, Fla., April 2, 2024 /PRNewswire/ -- In an unprecedented gathering of minds, the Benzinga Cannabis Capital Conference is set to highlight the brightest in the industry. Taking place on April 16-17 at The Diplomat Beach Resort, Hollywood, Florida, this event comes at a critical juncture as the cannabis industry anticipates a significant shift with potential rescheduling from Schedule 1 to Schedule 3, opening new avenues for growth and innovation in the coming months.

Key Points: 
  • HOLLYWOOD, Fla., April 2, 2024 /PRNewswire/ -- In an unprecedented gathering of minds, the Benzinga Cannabis Capital Conference is set to highlight the brightest in the industry.
  • "As we stand on the precipice of achieving long-fought cannabis reforms, convening leaders at the Benzinga Cannabis Capital Conference to discuss mutual challenges, objectives and opportunities could not come at a more critical time for our industry," says Darren Weiss, president of Verano.
  • As Scott Greiper, founder and president of Viridian Capital Advisors, puts it: "The cannabis industry has only one event where cannabis companies, investors, lenders and acquirers meet to discuss and close deals.
  • "Empowering women to lead in business isn't just about gender equality; it's about unlocking the full capital potential of our industry.

Nuvei enters into agreement to be taken private by Advent International, alongside existing Canadian shareholders Philip Fayer, Novacap and CDPQ at a price of US$34.00 per share

Retrieved on: 
Monday, April 1, 2024

MONTREAL, April 1, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), today announced that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") to be taken private by Advent International ("Advent"), one of the world's largest and most experienced global private equity investors, with the support of each of the Company's holders of multiple voting shares ("Multiple Voting Shares"), being Philip Fayer, certain investment funds managed by Novacap Management Inc. (collectively, "Novacap") and CDPQ, via an all-cash transaction which values Nuvei at an enterprise value of approximately US$6.3 billion. The Company will continue to be based in Montreal.

Key Points: 
  • Nuvei will benefit from the significant resources, operational, and sector expertise, as well as the capacity for investment provided by Advent.
  • Philip Fayer will remain Nuvei's Chair and Chief Executive Officer and will lead the business in all aspects of its operations.
  • Fayer continued: "Our strategic initiatives have always focused on accelerating our customers revenue, driving innovation across our technology, and developing our people.
  • Bringing in a partner with such extensive experience in the payments sector will continue to support our development."

North American Building Materials Leader Cornerstone Building Brands Chooses ToolsGroup and River Logic's Technology

Retrieved on: 
Tuesday, March 26, 2024

BOSTON and DALLAS, March 26, 2024 /PRNewswire/ -- ToolsGroup, a global leader in retail and supply chain planning and optimization software, along with partner River Logic, Inc, a global innovator in network design and optimization, announced that Cornerstone Building Brands, a leading North American manufacturer of exterior building materials, will harness the power of their comprehensive technologies for end-to-end value chain optimization.

Key Points: 
  • Unique Partnership Delivers an End-to-End Network Optimization Solution to Seamlessly Integrate Supply Chain Design, Manufacturing Footprint and Probabilistic Planning and Execution for Leading Building Materials Manufacturer.
  • BOSTON and DALLAS, March 26, 2024 /PRNewswire/ -- ToolsGroup , a global leader in retail and supply chain planning and optimization software, along with partner River Logic , Inc, a global innovator in network design and optimization, announced that Cornerstone Building Brands, a leading North American manufacturer of exterior building materials, will harness the power of their comprehensive technologies for end-to-end value chain optimization.
  • "Our robust partner ecosystem enables us to provide end-to-end supply chain solutions for customers like Cornerstone Building Brands," said ToolsGroup CEO, Inna Kuznetzova.
  • "Combining the River Logic Value Chain Optimization solution with ToolsGroup's service driven supply chain planning capabilities, brings the power of extended network design and strategic financial planning with operational supply chain simulation to Cornerstone Building Brands," said Carlos Centurion, President of River Logic.

Summit Midstream Partners, LP Announces 2023 K-1 Tax Package Availability

Retrieved on: 
Monday, March 25, 2024

HOUSTON, March 25, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that its 2023 tax packages, including the Schedule K-1, are now available online and may be accessed at https://partnerdatalink.com/Summit .

Key Points: 
  • HOUSTON, March 25, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today that its 2023 tax packages, including the Schedule K-1, are now available online and may be accessed at https://partnerdatalink.com/Summit .
  • SMLP will also begin mailing the 2023 tax packages to unitholders this week.
  • For additional information or assistance, unitholders may also contact Partner DataLink via email at [email protected] or via phone at (855) 375-4158 Monday through Friday from 8:00 a.m. – 5:00 p.m. CDT or visit SMLP's website at www.summitmidstream.com under "Investors >> K-1 Tax Information."

R1 RCM Forms Special Committee to Evaluate Strategic Alternatives

Retrieved on: 
Monday, March 11, 2024

MURRAY, Utah, March 11, 2024 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ: RCM) (“R1” or the “Company”), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced the formation of a special committee comprised solely of independent directors (the “Special Committee”) to evaluate strategic alternatives in response to the Schedule 13D/A filed by New Mountain Capital, L.L.C.

Key Points: 
  • MURRAY, Utah, March 11, 2024 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ: RCM) (“R1” or the “Company”), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced the formation of a special committee comprised solely of independent directors (the “Special Committee”) to evaluate strategic alternatives in response to the Schedule 13D/A filed by New Mountain Capital, L.L.C.
  • Consistent with its fiduciary duties, and in consultation with its independent advisors, the Special Committee will carefully review the communications from New Mountain Capital and evaluate strategic alternatives to determine the course of action that it believes is in the best interests of R1 and its stockholders.
  • R1 remains focused on providing clients with world-class revenue cycle solutions to help providers improve their financial performance and deliver an exceptional patient experience.
  • No assurances can be given regarding the outcome or timing of the Special Committee’s review process.

Clarus Board of Directors Approves Two of Its Top Shareholders to Increase Their Positions up to 15.0% and 26.7% of Shares Outstanding

Retrieved on: 
Friday, March 8, 2024

Greenhouse and Kanders have been permitted to increase their positions to up to 15.0% and 26.7% of the Company’s outstanding shares of common stock, respectively.

Key Points: 
  • Greenhouse and Kanders have been permitted to increase their positions to up to 15.0% and 26.7% of the Company’s outstanding shares of common stock, respectively.
  • Greenhouse has beneficial ownership of 4,538,107 shares of the Company’s common stock, as publicly disclosed by Greenhouse in the Schedule 13G as of December 31, 2023, filed by it with the Securities and Exchange Commission on February 14, 2024, which represents approximately 11.9% of the Company’s outstanding shares of common stock.
  • Kanders has beneficial ownership of 6,525,421 shares of the Company’s common stock, as publicly disclosed by Kanders in the Schedule 13D/A filed with the Securities and Exchange Commission on January 30, 2024, which represents approximately 16.7% of the Company’s outstanding shares of common stock.
  • In the event that Greenhouse or Kanders subsequently reduces their respective beneficial ownership to below 9.9%, they would need to obtain a new approval from the Company’s board of directors before seeking to again increase their respective beneficial ownership to in excess of 9.9% of the Company’s outstanding shares of common stock.

DIRTT Announces Amendments to its Substantial Issuer Bid

Retrieved on: 
Wednesday, March 6, 2024

CALGARY, Alberta, March 05, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it has effected certain amendments to the Company's offer to purchase and accompanying issuer bid circular (the "Offer and Circular") dated February 15, 2024, in connection with its previously announced substantial issuer bid and tender offer (the "Issuer Bid").

Key Points: 
  • CALGARY, Alberta, March 05, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it has effected certain amendments to the Company's offer to purchase and accompanying issuer bid circular (the "Offer and Circular") dated February 15, 2024, in connection with its previously announced substantial issuer bid and tender offer (the "Issuer Bid").
  • This Notice of Variation should be read in conjunction with the Issuer Bid Documents (as defined herein).
  • DIRTT has retained Computershare Investor Services Inc. ("Computershare") to act as depositary for the Issuer Bid.
  • Debentureholders are urged to carefully read these materials prior to making any decision with respect to the Issuer Bid.

Global Partners LP Provides Update on Expected Availability of 2023 Tax Packages

Retrieved on: 
Friday, March 8, 2024

Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today provided an update on the expected availability of the Partnership’s 2023 tax packages, which include the Schedule K-1 for preferred and common unitholders.

Key Points: 
  • Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today provided an update on the expected availability of the Partnership’s 2023 tax packages, which include the Schedule K-1 for preferred and common unitholders.
  • 7024 legislation that includes changes in tax law which would be applied retroactively to the 2023 tax year.
  • 7024, Global will provide an update on the availability of the 2023 tax packages at www.globalp.com in the Investors section of the website.
  • Investors registered with Global Partners LP Tax Package Support at www.taxpackagesupport.com/globalpartners will receive notification when the 2023 tax packages are available.

USA Compression Partners Announces 2023 K-1 Tax Package Availability

Retrieved on: 
Wednesday, March 6, 2024

USA Compression Partners, LP (NYSE: USAC) (“USA Compression”) today announced that its 2023 tax packages, including the Schedule K-1, are now available online and may be accessed at taxpackagesupport.com/usac.

Key Points: 
  • USA Compression Partners, LP (NYSE: USAC) (“USA Compression”) today announced that its 2023 tax packages, including the Schedule K-1, are now available online and may be accessed at taxpackagesupport.com/usac.
  • USA Compression will begin the process of mailing the 2023 tax packages to unitholders over the next week.
  • In its current form, this legislation includes changes in tax law which would be applied retroactively to the 2023 tax year and may require USA Compression to issue revised 2023 Schedule K-1s if it does so.
  • 7024 is enacted, USA Compression will issue a press release to update unitholders on the availability of revised 2023 Schedule K-1s.

TDCX Inc. Enters into Definitive Merger Agreement for Going-Private Transaction

Retrieved on: 
Friday, March 1, 2024

The Company’s board of directors (the “Board”), acting upon the unanimous recommendation of a committee of independent and disinterested directors established by the Board (the “Special Committee”), approved the Merger Agreement and the Merger.

Key Points: 
  • The Company’s board of directors (the “Board”), acting upon the unanimous recommendation of a committee of independent and disinterested directors established by the Board (the “Special Committee”), approved the Merger Agreement and the Merger.
  • The Special Committee negotiated the terms of the Merger Agreement with the assistance of its financial and legal advisors.
  • The Company will furnish to the U.S. Securities and Exchange Commission (the “SEC”) a current report on Form 6-K regarding the Merger, which will include as an exhibit thereto the Merger Agreement.
  • In connection with the Merger, the Company will prepare and mail a Schedule 13E-3 Transaction Statement (the “Schedule 13E-3”) to its shareholders.