Limited liability company

THL Credit, Inc. Stockholders Approve New Investment Management Agreement

Thursday, May 28, 2020 - 9:30pm

The new investment management agreement replaces a prior interim agreement with the Adviser, and is effective immediately.

Key Points: 
  • The new investment management agreement replaces a prior interim agreement with the Adviser, and is effective immediately.
  • First Eagle Alternative Credit is a leading investment manager formed by the combination of THL Credit Advisors LLC and First Eagle Investment Management, LLCs (First Eagle) credit business.
  • THL Credit, Inc. (NASDAQ: TCRD) is a closed-end management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940.
  • First Eagle Alternative Credit is a wholly owned subsidiary of First Eagle Investment Management, LLC.

Office Properties Income Trust Announces Annual Meeting Results and Officer Promotion

Wednesday, May 27, 2020 - 11:05pm

Since joining RMR LLC in 2011, Mr. Bilotto also worked as Senior Area Director of RMR LLCs West Region.

Key Points: 
  • Since joining RMR LLC in 2011, Mr. Bilotto also worked as Senior Area Director of RMR LLCs West Region.
  • Office Properties Income Trust is a REIT focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics such as government entities.
  • A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
  • No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Financial Institutions, Inc. Announces Quarterly Cash Dividend

Wednesday, May 27, 2020 - 9:05pm

WARSAW, N.Y., May 27, 2020 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the Company), parent company of Five Star Bank, SDN Insurance Agency, LLC (SDN), Courier Capital, LLC (Courier Capital) and HNP Capital, LLC (HNP Capital), announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per outstanding common share.

Key Points: 
  • WARSAW, N.Y., May 27, 2020 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the Company), parent company of Five Star Bank, SDN Insurance Agency, LLC (SDN), Courier Capital, LLC (Courier Capital) and HNP Capital, LLC (HNP Capital), announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per outstanding common share.
  • All dividends are payable July 2, 2020, to shareholders of record on June 12, 2020.
  • Courier Capital and HNP Capital provide customized investment management, investment consulting and retirement plan services to individuals, businesses, institutions, foundations and retirement plans.
  • Financial Institutions, Inc. and its subsidiaries employ approximately 700 individuals.The Companys stock is listed on the Nasdaq Global Select Market under the symbol FISI.Additional information is available at www.fiiwarsaw.com .

United States District Court in Los Angeles Appoints Michael M. Eidelman, Esq., as Special Master to Oversee Sale of the L’Ermitage Beverly Hills Hotel; Eidelman Retains Keen-Summit Capital Partners LLC as Exclusive Real Estate Advisor

Tuesday, May 26, 2020 - 7:21pm

Keen-Summit Capital Partners LLC has been retained as the exclusive real estate advisor to run the sale process.

Key Points: 
  • Keen-Summit Capital Partners LLC has been retained as the exclusive real estate advisor to run the sale process.
  • The LErmitage Beverly Hills exudes a luxurious atmosphere and lavish lifestyle at a centrally located hotel, says Matthew Bordwin, Principal at Keen-Summit Capital Partners LLC, real estate advisors for this offering.
  • Keen-Summit Capital Partners LLC was engaged at the time of the appointment as exclusive real estate agents for this offering.
  • About Keen-Summit Capital Partners LLC:
    Keen-Summit Capital Partners LLC is a real estate brokerage, workout and investment banking firm specializing in special situations, restructurings, bankruptcies and receiverships.

Kaskela Law LLC Announces Stockholder Investigation of Apyx Medical Corp. (APYX) and Encourages Long-Term APYX Stockholders to Contact the Firm

Saturday, May 23, 2020 - 1:00pm

Kaskela Law LLC is investigating Apyx Medical Corporation (NASDAQ: APYX) (Apyx or the Company) on behalf of the Companys stockholders.

Key Points: 
  • Kaskela Law LLC is investigating Apyx Medical Corporation (NASDAQ: APYX) (Apyx or the Company) on behalf of the Companys stockholders.
  • In September 2019, a securities fraud complaint was filed against Apyx in federal court on behalf of certain purchasers of Apyxs common stock.
  • Current Apyx stockholders who purchased or acquired shares of the Companys stock prior to December 21, 2018 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.)
  • Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation.

P10 Holdings Re-Adopts Rights Agreement to Protect its Net Operating Losses

Thursday, May 21, 2020 - 10:05pm

DALLAS, May 21, 2020 (GLOBE NEWSWIRE) -- P10 Holdings, Inc.(OTC: PIOE, or P10) today announced that its Board of Directors has re-adopted and P10 has entered into a Rights Agreement (the Rights Agreement) with American Stock Transfer & Trust Company, LLC, as rights agent, designed to preserve the value of P10s significant U.S. net operating loss carryforwards (NOLs) and other tax benefits.

Key Points: 
  • DALLAS, May 21, 2020 (GLOBE NEWSWIRE) -- P10 Holdings, Inc.(OTC: PIOE, or P10) today announced that its Board of Directors has re-adopted and P10 has entered into a Rights Agreement (the Rights Agreement) with American Stock Transfer & Trust Company, LLC, as rights agent, designed to preserve the value of P10s significant U.S. net operating loss carryforwards (NOLs) and other tax benefits.
  • The Rights Agreement is effective immediately pursuant to its terms and replaces P10s prior rights agreement designed to preserve the value of its NOLs.
  • Pursuant to the Rights Agreement, if any person or group becomes a 4.99% Holder, then, subject to certain exceptions, there would be a triggering event under the Rights Agreement.
  • The Rights Agreement and the rights issued under the Rights Agreement will expire onMay 20, 2023, or on an earlier date if certain events occur, as described more fully in the Rights Agreement.

Jonathan D. Green Concludes his Service as a Member of the Board of Annaly Capital Management, Inc.

Wednesday, May 20, 2020 - 9:15pm

Mr. Green joined the Board prior to the Companys initial public offering in 1997.

Key Points: 
  • Mr. Green joined the Board prior to the Companys initial public offering in 1997.
  • Following the Annual Meeting, Annalys Board is comprised of 11 directors, 45% of whom are women.
  • Additionally, 55% of directors have a tenure of less than 5 years with an average director tenure of 7.1 years.
  • Until the closing of its announced internalization transaction, Annaly is externally managed by Annaly Management Company LLC.

Over 110,000 Small Businesses Approved to Receive More Than $3.5 Billion in PPP Funding Through Kabbage

Monday, May 18, 2020 - 2:00pm

As an SBA-approved lender serving small businesses with or without a pre-existing relationship, Kabbage continues to see high demand from businesses with five or fewer employees.

Key Points: 
  • As an SBA-approved lender serving small businesses with or without a pre-existing relationship, Kabbage continues to see high demand from businesses with five or fewer employees.
  • To-date, independent contractors, sole proprietors and single-member LLCs represent approximately 40 percent of all PPP applications approved through Kabbage, for over $500 million.
  • With more than $100 billion still left in the program, Kabbage intends to serve thousands of more businesses in all 50 U.S. states seeking PPP funding.
  • Its suite of products includes Kabbage PaymentsTM, helping small businesses get paid and access the money they earn faster; and Kabbage InsightsTM, calculating small businesses' real-time cash flow.

CURRENT SHAREHOLDERS: Zamansky LLC Investigates Grand Canyon Education, Inc. (NASDAQ: LOPE) for Potential Breaches of Fiduciary Duties

Thursday, May 14, 2020 - 10:28pm

Zamansky LLC announces that it is investigating Grand Canyon Education, Inc. (LOPE) (Grand Canyon or the Company) for potential breaches of fiduciary duties by Grand Canyons senior officers and board of directors.

Key Points: 
  • Zamansky LLC announces that it is investigating Grand Canyon Education, Inc. (LOPE) (Grand Canyon or the Company) for potential breaches of fiduciary duties by Grand Canyons senior officers and board of directors.
  • If you are a shareholder of Grand Canyon who still holds your shares, please contact our firm for information.
  • A series of recent revelations have come to light regarding Grand Canyons spin-off of its education assets to become purported non-profit, independent entity Grand Canyon University (GCU).
  • According to Jake Zamansky, investment fraud attorney, Grand Canyons officers and directors owe the Company and its shareholders fiduciary duties.

Viking Therapeutics Announces 2020 Annual Meeting of Stockholders to be Held as Virtual Meeting

Tuesday, May 12, 2020 - 10:00pm

Due to conditions associated with the coronavirus pandemic (COVID-19), including restrictions on in-person gatherings, and in order to support the health and well-being of our stockholders and other meeting participants, Viking's 2020 Annual Meeting of Stockholders will be held in a virtual meeting format only.

Key Points: 
  • Due to conditions associated with the coronavirus pandemic (COVID-19), including restrictions on in-person gatherings, and in order to support the health and well-being of our stockholders and other meeting participants, Viking's 2020 Annual Meeting of Stockholders will be held in a virtual meeting format only.
  • Instead, stockholders should follow the instructions provided below to attend the virtual Annual Meeting.
  • American Stock Transfer & Trust Company, LLC (AST) will host the virtual Annual Meeting and tabulate votes for the meeting.
  • Stockholders are encouraged to vote their shares prior to the virtual Annual Meeting by any of the methods described in the proxy materials.