Convertible

Advanced Energy Announces Proposed Offering of $500 Million Convertible Senior Notes

Retrieved on: 
Wednesday, September 6, 2023
Semiconductor, Hardware, Consumer Electronics, Technology, Telecommunications, Exercise, Form 10-Q, Share repurchase, SEC Rule 144A, Debt-to-GDP ratio, Stock dilution, Energy industry, Person, Cyprus Securities and Exchange Commission, Sale, Engineering, Observation, Growth, Security (finance), Advanced Energy, Convertible, Education minister

Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes due 2028 (the “notes”) in a private offering.

Key Points: 
  • Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes due 2028 (the “notes”) in a private offering.
  • Advanced Energy also expects to grant to the initial purchasers of the notes an option to purchase, up to an additional $75 million aggregate principal amount of the notes.
  • The initial conversion rate and other terms of the notes will be determined by negotiations between Advanced Energy and the initial purchasers of the notes.
  • In connection with the pricing of the notes, Advanced Energy expects to enter into privately negotiated convertible note hedge transactions with the option counterparties.

Special Opportunities Fund, Inc. Dividend Declaration

Retrieved on: 
Wednesday, September 6, 2023
Professional Services, Finance, SPE, NYSE, Convertible, Holding company, Baking, Auction

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 29, 2023 to holders of record as of September 20, 2023.

Key Points: 
  • Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 29, 2023 to holders of record as of September 20, 2023.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20230906918265/en/

Live at Bild Expo; Angenieux Announces Long Anticipated EZ-3 Cinema Zoom Lens

Retrieved on: 
Wednesday, September 6, 2023
Retail, Consumer Electronics, Technology, Audio, Video, Specialty, Hardware, Canon EF lens mount, Sony, Super 35, Multimedia, Convertible, Canon RF lens mount, S35, Camera, Telescopic sight, Pierre Angénieux

B&H Introduces the EZ-3 Convertible S35 and FF/Vista Cinema zoom lens making it easy to swap your lens between Super 35 and Full Frame/Vista Vision cameras without needing to procure an additional lens with the new EZ-3 Series Convertible Super 35 and Full-Frame/VistaVision zoom lens.

Key Points: 
  • B&H Introduces the EZ-3 Convertible S35 and FF/Vista Cinema zoom lens making it easy to swap your lens between Super 35 and Full Frame/Vista Vision cameras without needing to procure an additional lens with the new EZ-3 Series Convertible Super 35 and Full-Frame/VistaVision zoom lens.
  • View the full release here: https://www.businesswire.com/news/home/20230906712606/en/
    The EZ-3 68-250mm & 45-165mm Cinema Zoom Kit from Angenieux consists of a compact PL-mount zoom lens plus both Super35 and FF/VistaVision rear lens (Photo: Business Wire)
    This powerful zoom lens features a 45 to 165mm zoom range with T2.3 to 3.0 aperture and covers Super 35 format sensors.
  • Smooth internal zoom and focus provides consistency, and its focus ring is designed for precise focus pulls.
  • Its size is consistent with other Angenieux EZ-series zoom lenses, weighing 5.7 lb and measuring approximately 10.4" in length.

Yuengling’s Ice Cream Inc. (YCRM) Settles Last Convertible Promissory Notes With Holders

Retrieved on: 
Wednesday, September 6, 2023
Cream, Register, Letter, Ice cream, Form 10-Q, Business analyst, OTC, Convertible, Security (finance)

ATLANTA, GA, Sept. 06, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Yuengling’s Ice Cream Corporation (“Yuengling’s” or “The Company”) (OTC: YCRM), recently announced that it has settled and repaid two existing Convertible Promissory Notes in favor of 1800 Diagonal Lending, LLC and Quick Capital, LLC.

Key Points: 
  • ATLANTA, GA, Sept. 06, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Yuengling’s Ice Cream Corporation (“Yuengling’s” or “The Company”) (OTC: YCRM), recently announced that it has settled and repaid two existing Convertible Promissory Notes in favor of 1800 Diagonal Lending, LLC and Quick Capital, LLC.
  • The final payments in full dated September 5, 2023, to the parties of $13,500 and $22,000, respectively, in accordance with the executed agreements fully extinguishing such notes.
  • Accordingly, the parties have no further rights or obligations to each other as to such debt, and the Registrant will have no obligations to issue securities to the holders as to such debt.
  • The Company will disclose these transactions in its upcoming Form 10-Q filing.

CSG Systems International Announces Proposed Offering of Convertible Senior Notes

Retrieved on: 
Tuesday, September 5, 2023
Payments, Professional Services, Technology, Fintech, Software, Exercise, SEC Rule 144A, Debt-to-GDP ratio, Observation, CSG, Convertible, Person, Sale, Security (finance)

The notes will be CSG’s senior unsecured obligations.

Key Points: 
  • The notes will be CSG’s senior unsecured obligations.
  • The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the offering.
  • CSG intends to use the remainder of the net proceeds from the offering of the notes to repay outstanding borrowings under its revolving loan facility.
  • If the initial purchasers exercise their option to purchase additional notes, CSG expects to enter into additional capped call transactions with the option counterparties.

Aesthetic Medical International Reports First Half of 2023 Unaudited Financial Results

Retrieved on: 
Tuesday, September 5, 2023
Universe, Transfer, Exercise, International, Conversion, Speech, ADV, International Accounting Standards Board, Structure of the Federal Reserve System, Income tax, AIH, USD, Convertible, Anesthesia, EBITDA, Physician, International Financial Reporting Standards, Translation, Florida Board of Governors, Safety management system, Jubilee, Depreciation, Security (finance), Federal Reserve, RMB, Beauty salon, Video game, Cryptocurrency, Bookkeeping, Renminbi

EBITDA for the first half of 2023 was RMB22.4 million (USD3.1 million), compared with RMB44.8 million in the first half of 2022.

Key Points: 
  • EBITDA for the first half of 2023 was RMB22.4 million (USD3.1 million), compared with RMB44.8 million in the first half of 2022.
  • Adjusted EBITDA for the first half of 2023 was RMB26.7 million (USD3.7 million), compared with RMB58.0 million in the first half of 2022.
  • On the 28th of the same month, the “2023 Aesthetic Medical Industry Safe Beauty Initiative Ceremony” was successfully held.
  • You are encouraged to review the Company’s financial information in its entirety and not rely on a single financial measure.

Closing of Debt Financing

Retrieved on: 
Friday, September 1, 2023
TSX Venture Exchange, Convertible, Minority, AIM, Independent director, Related party transaction, Multilateral, Nasdaq First North, JLE, ECAM, Gold, Indian stock exchange, MI, Fossar de la Pedrera, Facility, Landsbankinn, GCAM, Rare-earth element, Security (finance), Bank, Note

“I am pleased to announce the successful closing of our debt funding package.

Key Points: 
  • “I am pleased to announce the successful closing of our debt funding package.
  • I would like to extend my thanks to our investors and debt funding partners.
  • We are working with a highly qualified team of professionals as we accelerate our progression to trial mining activities.
  • As such, the elements of the debt financing with Fossar (US$1.0 million off the Senior Debt Term Loans), Livermore Partners LLC (US$2.4 million of the Convertible Notes), and ECAM LP (US$16.0 million of the Convertible Notes) constitute Related Party Transactions in accordance with AIM Rule 13.

TCL Exhibits Latest Innovations During IFA 2023 with Top Awards for Smart Home Appliances

Retrieved on: 
Friday, September 1, 2023
Pure Air, Allergy, Food, TCL, Exhibition, Atmosphere, Electronics, Smartphone, Internet of things, ACS, The Digital Group, AC, MicroLED, Carbon, Sterilization, Ventilation, Tablet, TCL Technology, Dust, Health, AR, Convertible, Consumer electronics, Video game, Heating, ventilation, and air conditioning

HONG KONG, Sept. 1, 2023 /PRNewswire/ -- TCL, a leading consumer electronics brand and the world's top two TV brand*, hosts a booth at IFA, the world's most significant technology event, taking place at the Messe Berlin Exhibition Grounds from September 1–5. Attracting thousands of global technology brands and industry experts, IFA represents the most comprehensive overview of the international market and TCL's presence at the event for over ten years solidifies its position at the forefront of groundbreaking entertainment and smart domestic technology.

Key Points: 
  • TCL joins IFA in 2023 to proudly demonstrate extensive breakthroughs in immersive entertainment displays, IoT technologies, and sustainable energy through a showcase of the brands latest innovations in home theater, air conditioners, washing machines, smartphones, tablets, AR glasses and smart home solutions, as well as the latest distributed photovoltaics (PV) technologies.
  • During the exhibition, TCL received the Smart Air Purification Technology Award as a recognition by Europe Digital Group and Asia Digital Group for its advanced air conditioning technology.
  • Following rigorous review and evaluation, the esteemed judges highly recognized TCL FreshIN Series AC thanks to its world's first integrated two-way fresh air technology.
  • *Exhibits mentioned in this article include prototypes and demonstrations that are not immediately available to the market.

TCL Exhibits Latest Innovations During IFA 2023 with Top Awards for Smart Home Appliances

Retrieved on: 
Friday, September 1, 2023
Pure Air, Allergy, Food, TCL, Exhibition, Atmosphere, Electronics, Smartphone, Internet of things, ACS, The Digital Group, AC, MicroLED, Carbon, Sterilization, Ventilation, Tablet, TCL Technology, Dust, Health, AR, Convertible, Consumer electronics, Video game, Heating, ventilation, and air conditioning

HONG KONG, Sept. 1, 2023 /PRNewswire/ -- TCL, a leading consumer electronics brand and the world's top two TV brand*, hosts a booth at IFA, the world's most significant technology event, taking place at the Messe Berlin Exhibition Grounds from September 1–5. Attracting thousands of global technology brands and industry experts, IFA represents the most comprehensive overview of the international market and TCL's presence at the event for over ten years solidifies its position at the forefront of groundbreaking entertainment and smart domestic technology.

Key Points: 
  • TCL joins IFA in 2023 to proudly demonstrate extensive breakthroughs in immersive entertainment displays, IoT technologies, and sustainable energy through a showcase of the brands latest innovations in home theater, air conditioners, washing machines, smartphones, tablets, AR glasses and smart home solutions, as well as the latest distributed photovoltaics (PV) technologies.
  • During the exhibition, TCL received the Smart Air Purification Technology Award as a recognition by Europe Digital Group and Asia Digital Group for its advanced air conditioning technology.
  • Following rigorous review and evaluation, the esteemed judges highly recognized TCL FreshIN Series AC thanks to its world's first integrated two-way fresh air technology.
  • *Exhibits mentioned in this article include prototypes and demonstrations that are not immediately available to the market.

Your fave fall-ternative drinks are back at Dutch Bros!

Retrieved on: 
Friday, September 1, 2023
Human, White coffee, Sweater Weather, Convertible, Temperature, Caffeine, Pumpkin pie, Frost, Dutch Bros. Coffee, Coffee, Weather, Cold brew, White, Tea, Dutch, Breve

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9092655-dutch-bros-fall-drink-me...

Key Points: 
  • Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9092655-dutch-bros-fall-drink-me...
    The Caramel Pumpkin Brûlée can be ordered as a Breve, Cold Brew or Freeze (Dutch Bros' blended coffee), featuring pumpkin and salted caramel flavors topped with Dutch Bros' signature Soft Top, pumpkin drizzle and raw sugar sprinks.
  • The Sweater Weather Chai features Dutch Bros Chai, a double shot of white coffee and white chocolate topped with Soft Top and cinnamon sprinks.
  • The Pumpkin Pie Frost features pumpkin flavor in a frost (Dutch Bros' version of a milkshake) and topped with whipped cream.
  • White coffee is higher in caffeine than Dutch Bros regular coffee.