Trustee

OpGen Announces Acquisition of Preferred Stock by David Lazar

Retrieved on: 
Monday, March 25, 2024

On March 25, 2024, Mr. Lazar paid $200,000 at the initial closing of the transactions in exchange for 200,000 shares of Series E Preferred Stock.

Key Points: 
  • On March 25, 2024, Mr. Lazar paid $200,000 at the initial closing of the transactions in exchange for 200,000 shares of Series E Preferred Stock.
  • Each share of Series E Preferred Stock is convertible into 24 shares of the Company’s common stock (“Common Stock”).
  • The conversion of the Series E Preferred Stock into shares of common stock in excess of applicable statutory and regulatory thresholds, including national stock exchange rules, will be subject to receipt of stockholder approval for the issuance of such shares of Common Stock.
  • We believe the transaction also offers future opportunities for OpGen stockholders to participate in possible future strategic transactions under the leadership of David Lazar and the new members of the board.

Blackwells Capital: Nelson Peltz is Not the Change Disney’s Board Needs

Retrieved on: 
Monday, March 25, 2024

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital, LLC (“Blackwells”), a shareholder of The Walt Disney Company (“Disney” or the “Company”) (NYSE:DIS), today released a letter to fellow Disney shareholders in connection with the Company’s Annual Meeting of Stockholders to be held on April 3, 2024, available here, at www.TheFutureOfDisney.com, and reproduced in full below:

Key Points: 
  • The Board needs directors who are independent and who will guide management into the future and contribute relevant skills and experience.
  • Blackwells and its three nominees have identified certain governance failings at Disney that they believe can be corrected by adding to the Board the talents and capabilities that Blackwells’ nominees offer.
  • The Board does not need nominees driven by personal grievances or animus towards management, as we believe Trian Partners’ (“Trian”) nominees Nelson Peltz and Jay Rasulo are.
  • Disney Shareholders – Please vote your proxy today on the GREEN universal proxy card “FOR” each of the Blackwells nominees and the Blackwells proposal.

Sagimet Biosciences Announces Appointment of Tim Walbert and Paul Hoelscher to its Board of Directors

Retrieved on: 
Monday, March 25, 2024

I also welcome Paul, whose experience in capital markets as well as accounting and finance will be invaluable for Sagimet’s next steps.

Key Points: 
  • I also welcome Paul, whose experience in capital markets as well as accounting and finance will be invaluable for Sagimet’s next steps.
  • “Sagimet is well-positioned for its next stage of growth, with an experienced team and demonstrated clinical results.
  • In 2023, Amgen acquired Horizon for $28 billion, and Mr. Walbert currently serves as a senior advisor to Amgen.
  • I look forward to working with Tim and Paul who I know will add great value to our Board of Directors.”

Bombardier Increases the Maximum Amount Sought Under its Cash Tender Offer Previously Announced Today

Retrieved on: 
Friday, March 22, 2024

The Tender Offer and the Offer to Purchase are hereby amended as follows:

Key Points: 
  • The Tender Offer and the Offer to Purchase are hereby amended as follows:
    The Aggregate Maximum Purchase Amount shall be raised from US$400,000,000 to US$550,000,000.
  • Holders must decide whether to tender Notes, and if tendering, the amount of Notes to tender.
  • Bombardier has retained RBC Capital Markets, LLC and TD Securities (USA) LLC to serve as dealer managers for the Tender Offer.
  • Bombardier has retained Global Bondholder Services Corporation to act as the information and tender agent in respect of the Tender Offer.

Congressman Steven Horsford Secures $500,000 in Funding for the New West Las Vegas Library Construction

Retrieved on: 
Friday, March 22, 2024

Las Vegas, NV, United States, March 22, 2024 (GLOBE NEWSWIRE) -- Congressman Steven Horsford has announced that the Las VegasClark County Library District will receive $500,000 in federal funding toward construction of the new West Las Vegas Library, which broke ground in February.

Key Points: 
  • Las Vegas, NV, United States, March 22, 2024 (GLOBE NEWSWIRE) -- Congressman Steven Horsford has announced that the Las VegasClark County Library District will receive $500,000 in federal funding toward construction of the new West Las Vegas Library, which broke ground in February.
  • "This $500,000 in Community Project Funding for the new West Las Vegas Library shows our commitment to education and community service for everyone in Clark County,” said Congressman Horsford.
  • The 41,178-square-foot building will be more than twice the size of the existing West Las Vegas Library, which is located on West Lake Mead Boulevard, and was built in 1989.
  • For more information about the West Las Vegas Library, including architectural renderings of the new West Las Vegas Library, the history of the library branch in the community and more, visit TheLibraryDistrict.org/WestLasVegasLibrary .

Bombardier Announces Cash Tender Offer for Certain Outstanding Senior Notes

Retrieved on: 
Friday, March 22, 2024

The Total Consideration includes, in each case, an early tender payment (the “Early Tender Payment”) of US$30.00 for each US$1,000 principal amount of the Notes, which Early Tender Payment is in addition to the Tender Offer Consideration (as defined below).

Key Points: 
  • The Total Consideration includes, in each case, an early tender payment (the “Early Tender Payment”) of US$30.00 for each US$1,000 principal amount of the Notes, which Early Tender Payment is in addition to the Tender Offer Consideration (as defined below).
  • Holders must decide whether to tender Notes, and if tendering, the amount of Notes to tender.
  • Bombardier has retained RBC Capital Markets, LLC and TD Securities (USA) LLC to serve as dealer managers for the Tender Offer.
  • Bombardier has retained Global Bondholder Services Corporation to act as the information and tender agent in respect of the Tender Offer.

Alaris Equity Partners Income Trust Declares Q1 Distribution

Retrieved on: 
Thursday, March 21, 2024

CALGARY, Alberta, March 21, 2024 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (“Alaris” or the “Trust”) (TSX: AD.UN) announces that the Board of Trustees of the Trust (the “Board”) has declared a trust distribution (“Distribution”) of $0.34 per trust unit for the first quarter of 2024, representing $1.36 per unit on an annualized basis. The Distribution is payable on April 15, 2024 to unitholders of record on March 29, 2024.

Key Points: 
  • NOT FOR DISTRIBUTION IN THE UNITED STATES.
  • FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.
  • CALGARY, Alberta, March 21, 2024 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (“Alaris” or the “Trust”) (TSX: AD.UN) announces that the Board of Trustees of the Trust (the “Board”) has declared a trust distribution (“Distribution”) of $0.34 per trust unit for the first quarter of 2024, representing $1.36 per unit on an annualized basis.
  • The Distribution is payable on April 15, 2024 to unitholders of record on March 29, 2024.

AGF Investments Announces Closure and Liquidation of AGF Global Infrastructure ETF, AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund

Retrieved on: 
Thursday, March 21, 2024

BOSTON, March 21, 2024 (GLOBE NEWSWIRE) -- AGF Investments* (TSX:AGF.B) announced today the closure and liquidation of AGF Global Infrastructure ETF (GLIF), AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund (collectively “the Funds”) on or about April 30, 2024 (the “Liquidation Date”).

Key Points: 
  • BOSTON, March 21, 2024 (GLOBE NEWSWIRE) -- AGF Investments* (TSX:AGF.B) announced today the closure and liquidation of AGF Global Infrastructure ETF (GLIF), AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund (collectively “the Funds”) on or about April 30, 2024 (the “Liquidation Date”).
  • Effective immediately, AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund are closed to new investors.
  • Also effective immediately, new account requests and exchanges into AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund are no longer accepted.
  • Note that there may be distributions paid on AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund, prior to the liquidation.

University of South Florida plans to launch college focused on artificial intelligence, cybersecurity and computing

Retrieved on: 
Thursday, March 21, 2024

TAMPA, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- The University of South Florida announced today its intention to create a college focused on the rapidly evolving fields of artificial intelligence (AI), cybersecurity and computing, with the goal of positioning the Tampa Bay region and state of Florida as a national leader.

Key Points: 
  • TAMPA, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- The University of South Florida announced today its intention to create a college focused on the rapidly evolving fields of artificial intelligence (AI), cybersecurity and computing, with the goal of positioning the Tampa Bay region and state of Florida as a national leader.
  • USF is the first university in Florida and among the first in the nation to announce plans to create a college dedicated to AI and cybersecurity.
  • The creation of a new college would leverage USF's existing strengths and partnerships in AI, cybersecurity and computing, as well as its location in the Tampa Bay region, a hub for technology and defense industries.
  • At USF, there are approximately 200 faculty members currently engaged in research in related disciplines, which are seeing significant growth in funding awards.

Subversive Cannabis ETF (LGLZ) to Close

Retrieved on: 
Wednesday, March 20, 2024

CHICAGO and MILWAUKEE and NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Tidal ETF Trust have decided to liquidate and close the Subversive Cannabis ETF (LGLZ) (the “Fund”), based on the recommendation of the Fund’s investment adviser, Tidal Investments LLC, and the Fund’s investment sub-adviser, Subversive Capital Advisor LLC.

Key Points: 
  • CHICAGO and MILWAUKEE and NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Tidal ETF Trust have decided to liquidate and close the Subversive Cannabis ETF (LGLZ) (the “Fund”), based on the recommendation of the Fund’s investment adviser, Tidal Investments LLC, and the Fund’s investment sub-adviser, Subversive Capital Advisor LLC.
  • The Board of Trustees concluded that liquidating and closing the Fund would be in the best interest of the Fund and its shareholders.
  • The Fund will cease trading on the Cboe BZX Exchange, Inc. (“CBOE”) and will be closed to purchases by investors as of the close of regular trading on the CBOE on March 28, 2024 (the “Closing Date”).
  • Shareholders may sell their holdings in the Fund prior to the Closing Date and customary brokerage charges may apply to these transactions.