J. P. Morgan

JPMorgan Chase Declares Preferred Stock Dividends

Friday, October 15, 2021 - 9:15pm

JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) has declared dividends on the outstanding shares of the Firms Series DD, EE, GG, JJ, KK, LL & MM preferred stock.

Key Points: 
  • JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) has declared dividends on the outstanding shares of the Firms Series DD, EE, GG, JJ, KK, LL & MM preferred stock.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (U.S.), with operations worldwide.
  • JPMorgan Chase had $3.8 trillion in assets and $290.0 billion in stockholders equity as of September 30, 2021.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

Clearlake Capital Completes Acquisition of Cornerstone OnDemand

Friday, October 15, 2021 - 2:04pm

SANTA MONICA, Calif., Oct. 15, 2021 /PRNewswire/ -- Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") today announced that it has completed its acquisition of Cornerstone OnDemand, Inc.(NASDAQ: CSOD, "Cornerstone OnDemand", or "Cornerstone"), a global leader in talent management software.

Key Points: 
  • SANTA MONICA, Calif., Oct. 15, 2021 /PRNewswire/ -- Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") today announced that it has completed its acquisition of Cornerstone OnDemand, Inc.(NASDAQ: CSOD, "Cornerstone OnDemand", or "Cornerstone"), a global leader in talent management software.
  • The acquisition was previously announced on August 5, 2021, and was approved by Cornerstone OnDemand shareholders on October 12, 2021.Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash.
  • "Clearlake's investment in Cornerstone is an exciting and important step for our company and our customers," said Phil Saunders, CEO, Cornerstone.
  • https://www.cornerstoneondemand.com/
    Founded in 2006, Clearlake Capital Group, L.P. is an investment firm, operating integrated businesses across private equity, credit, and other related strategies.

Clearlake Capital Completes Acquisition of Cornerstone OnDemand

Friday, October 15, 2021 - 1:58pm

Clearlake Capital Group, L.P. (together with its affiliates Clearlake) today announced that it has completed its acquisition of Cornerstone OnDemand, Inc. (NASDAQ: CSOD, Cornerstone OnDemand, or Cornerstone), a global leader in talent management software.

Key Points: 
  • Clearlake Capital Group, L.P. (together with its affiliates Clearlake) today announced that it has completed its acquisition of Cornerstone OnDemand, Inc. (NASDAQ: CSOD, Cornerstone OnDemand, or Cornerstone), a global leader in talent management software.
  • The acquisition was previously announced on August 5, 2021, and was approved by Cornerstone OnDemand shareholders on October 12, 2021.
  • Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash.
  • Clearlakes investment in Cornerstone is an exciting and important step for our company and our customers, said Phil Saunders, CEO, Cornerstone.

digitalundivided Launches BREAKTHROUGH Program In Partnership With JPMorgan Chase’s Advancing Black Pathways

Thursday, October 14, 2021 - 6:59pm

digitalundivided, the leading non-profit leveraging the power of data, programs, and advocacy to catalyze economic growth for Black and Latinx women entrepreneurs, just announced the launch of its new business intensive called BREAKTHROUGH in partnership with JPMorgan Chases Advancing Black Pathways.

Key Points: 
  • digitalundivided, the leading non-profit leveraging the power of data, programs, and advocacy to catalyze economic growth for Black and Latinx women entrepreneurs, just announced the launch of its new business intensive called BREAKTHROUGH in partnership with JPMorgan Chases Advancing Black Pathways.
  • digitalundivided has long respected JPMorgan Chase and Advancing Black Pathways commitment to women and advancing inclusive business practices, and we are excited to partner on the launch of BREAKTHROUGH to accelerate financial outcomes for women of color entrepreneurs, said Lauren Maillian, CEO of digitalundivided.
  • Women of color entrepreneurs and businesses are critical to our economy and communities, said Byna Elliott, Head of JPMorgan Chases Advancing Black Pathways (ABP).
  • Applications for BREAKTHROUGH are open through Monday, October 25, 2021. digitalundivided and JPMorgan Chase will identify different cities for the program activation in the United States.

JPMorgan Chase Committing $8.4 Million to Improve Household Stability for Black, Hispanic and Latino and Other Underserved Households

Thursday, October 14, 2021 - 6:26pm

JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.

Key Points: 
  • JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.
  • Through JPMorgan Chases commitments, six organizations will design and test innovative models to improve household stability with the goal of expanding successful models across the U.S.
  • Todays announcement will help promote immediate housing stability for underserved households and is one step toward our goal of addressing barriers to affordable housing and homeownership, especially for Black, Latino and Hispanic families.
  • Recently, the JPMorgan Chase PolicyCenter released data-driven policy recommendations to improve household stability weakened by the pandemic.

Neovest Appoints Jimmi Shah as Chief Executive Officer

Thursday, October 14, 2021 - 1:15pm

OREM, Utah, Oct. 14, 2021 /PRNewswire/ -- Neovest, Inc. today announced that its board of directors appointed Jimmi Shahas the Chief Executive Officer, after previously serving as the Chief Commercial Officer.

Key Points: 
  • OREM, Utah, Oct. 14, 2021 /PRNewswire/ -- Neovest, Inc. today announced that its board of directors appointed Jimmi Shahas the Chief Executive Officer, after previously serving as the Chief Commercial Officer.
  • "I fully expect Neovest to continue to innovate and have sustainable global growth under Jimmi's leadership."
  • Shah joined Neovest 2 years ago to create and execute on its commercial, client, and product strategy.
  • As an independently operated technology company, Neovest provides a fully integrated front-to-back solution leveraged by the industry's most advanced buy-side and sell-side clients.

Atlas Scholars Raises Funds to Expand Opportunities for Diverse Students

Thursday, October 14, 2021 - 1:03pm

HOUSTON, Oct. 14, 2021 /PRNewswire/ -- Atlas Scholars held its first-ever fundraising event, Sunday for Scholars, October 10, 2021, at the Houston Polo Club.

Key Points: 
  • HOUSTON, Oct. 14, 2021 /PRNewswire/ -- Atlas Scholars held its first-ever fundraising event, Sunday for Scholars, October 10, 2021, at the Houston Polo Club.
  • To date, Atlas Scholars has benefitted 87 scholars and has awarded over $450,000 for scholarships.
  • At Atlas Scholars, students from across Houston come together to learn in a competitive and collaborative environment that pushes students to create their own success.
  • Regarding the class of 2021, 100% of the students were accepted into selective universities, two Scholars were awarded full ride QuestBridge scholarships, and $72,000 was awarded in four-year scholarships from Atlas Scholars.

GitLab Announces Pricing of Initial Public Offering

Thursday, October 14, 2021 - 1:23am

SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, announced today the pricing of its initial public offering of 10,400,000 shares of its Class A common stock at a public offering price of $77.00 per share.

Key Points: 
  • SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, announced today the pricing of its initial public offering of 10,400,000 shares of its Class A common stock at a public offering price of $77.00 per share.
  • Gitlab Inc. will not receive any proceeds from the sale of shares of common stock by the Selling Stockholder.
  • The offering is expected to close on October 18, 2021, subject to the satisfaction of customary closing conditions.
  • In addition, GitLab Inc. and the Selling Stockholder have granted the underwriters a 30-day option to purchase up to an additional 1,040,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.

UserTesting Files Registration Statement for Proposed Initial Public Offering

Wednesday, October 13, 2021 - 10:20pm

UserTesting, Inc. (UserTesting), a leading provider of human insight, delivered through a video-first, enterprise SaaS platform, today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of shares of its common stock.

Key Points: 
  • UserTesting, Inc. (UserTesting), a leading provider of human insight, delivered through a video-first, enterprise SaaS platform, today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of shares of its common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC will act as lead book-running managers and representatives of the underwriters for the proposed offering.
  • A registration statement on Form S-1 relating to the proposed offering of these securities has been filed with the SEC but has not yet become effective.

JPMorgan Chase Financial Company LLC Announces the Early Redemption of Callable Step-Up Fixed Rate Notes Due April 26, 2028

Wednesday, October 13, 2021 - 10:08pm

Other exchange-traded notes, exchange-listed notes, structured notes, debt securities and other securities issued by JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. are not affected by this redemption.

Key Points: 
  • Other exchange-traded notes, exchange-listed notes, structured notes, debt securities and other securities issued by JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. are not affected by this redemption.
  • About JPMorgan Chase & Co.
    JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (U.S.), with operations worldwide.
  • JPMorgan Chase & Co. and JPMorgan Chase Financial Company LLC have filed a registration statement (including a prospectus) with the SEC for any offerings to which these materials relate.
  • Before you invest, you should read the prospectus in that registration statement and the other documents relating to any offerings to which these materials relate that JPMorgan Chase & Co. and JPMorgan Chase Financial Company LLC have filed with the SEC for more complete information about JPMorgan Chase & Co., JPMorgan Chase Financial Company LLC and any offering to which these materials relate.