J. P. Morgan

Astera Labs Announces Launch of Initial Public Offering

Retrieved on: 
Friday, March 8, 2024
Apps, Applications, Technology, Semiconductor, Other Technology, Software, Networks, Hardware, Data Management, Artificial Intelligence, Varick Street, Attention, Exchange, J.P. Morgan & Co., Prospectus, J. P. Morgan, 2nd Floor, Sale, Capital Group Companies, Morgan Stanley, Needham & Company, Roth Capital Partners, Evercore, Jefferies, Security (finance)

Astera Labs, Inc. (“Astera Labs”) today announced the launch of its initial public offering of 17,800,000 shares of its common stock.

Key Points: 
  • Astera Labs, Inc. (“Astera Labs”) today announced the launch of its initial public offering of 17,800,000 shares of its common stock.
  • The offering consists of 14,788,903 shares of common stock offered by Astera Labs and 3,011,097 shares of common stock to be sold by certain of Astera Labs’ existing stockholders.
  • In addition, the underwriters will have a 30-day option to purchase up to an additional 2,670,000 shares of common stock from Astera Labs at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is expected to be between $27.00 and $30.00 per share.

PENN Entertainment to Participate in J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 14

Retrieved on: 
Thursday, March 7, 2024
Electronic Games, Casino, Gaming, Mobile Entertainment, General Entertainment, Entertainment, Interest, J. P. Morgan, Webcast, Penn Entertainment, Select, Restaurant

PENN Entertainment, Inc. (Nasdaq: PENN) (the “Company”) announced today that the Company’s Chief Executive Officer and President, Jay Snowden, will participate in a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thursday, March 14, 2024 at 1:50 p.m.

Key Points: 
  • PENN Entertainment, Inc. (Nasdaq: PENN) (the “Company”) announced today that the Company’s Chief Executive Officer and President, Jay Snowden, will participate in a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thursday, March 14, 2024 at 1:50 p.m.
  • The Company’s management will also host meetings with institutional investors at the conference.
  • Interested parties may access a live audio webcast of the fireside chat at https://www.pennentertainment.com/corp/investors (Select “Events and Presentations”).
  • An archive of the webcast will be available for 30 days.

CAVA to Participate in J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum

Retrieved on: 
Thursday, March 7, 2024
Retail, Restaurant, Bar, Food, Beverage, J. P. Morgan, Health, CAVA, Noma (restaurant)

CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced that it will participate in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on Thursday, March 14, 2024.

Key Points: 
  • CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced that it will participate in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on Thursday, March 14, 2024.
  • Brett Schulman and Tricia Tolivar will participate in 1x1 meetings and a fireside chat at 3:00 PM EDT.
  • The fireside chat will be available on the “Events and Presentations” section of the company’s IR website at investor.cava.com .

GridStor Announces Close of Tax Credit Sale for Goleta Energy Storage Project

Retrieved on: 
Tuesday, March 5, 2024
Finance, Alternative Energy, Energy, Professional Services, Utilities, Project, J. P. Morgan, Sale, ESG, Mitsubishi Group, SDG, Water, Renewable energy

GridStor , a developer and operator of utility-scale battery energy storage systems, announced today that it closed its first tax credit sale with J.P. Morgan in support of its Goleta Energy Storage project.

Key Points: 
  • GridStor , a developer and operator of utility-scale battery energy storage systems, announced today that it closed its first tax credit sale with J.P. Morgan in support of its Goleta Energy Storage project.
  • The standalone battery energy storage project is the largest lithium-ion battery facility in Santa Barbara County and began operations in December 2023.
  • In addition to the tax credit transfer, GridStor’s Goleta Energy Storage project is financed with long term debt provided by NORD/LB and Mitsubishi HC Capital America.
  • “We are proud to work with J.P. Morgan to join the first class of tax credit transfer sales associated with battery energy storage projects in North America.”
    The Goleta project contains 44 emission-free batteries that comprise the biggest energy storage facility in Santa Barbara County.

J.P. Morgan Becomes Principal Member of Cartes Bancaires CB, France’s Leading Payment Network

Retrieved on: 
Tuesday, March 5, 2024
Professional Services, Payments, Technology, Finance, Networks, Banking, Multimedia, J. P. Morgan, CB, Treasury, Cryptocurrency

J.P. Morgan announced today that it has been granted approval to become a principal member of France’s leading payments network, Cartes Bancaires CB, with the intention to offer merchant clients access to the French payment network by the end of 2024.

Key Points: 
  • J.P. Morgan announced today that it has been granted approval to become a principal member of France’s leading payments network, Cartes Bancaires CB, with the intention to offer merchant clients access to the French payment network by the end of 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240304657806/en/
    J.P. Morgan was granted the license to become the first U.S. bank to be a principal member of Cartes Bancaires CB on 15 February 2024.
  • Cartes Bancaires CB is the leading payment system in France with 15 billion CB transactions per year by card or mobile phone.
  • Philippe Laulanie, CEO of Cartes Bancaires CB, said, “We are proud that J.P. Morgan has chosen to join CB, the leading domestic card and mobile payment network in France.

StartOut and J.P. Morgan Announce Startups Selected to Join Growth Lab Accelerator

Retrieved on: 
Monday, March 4, 2024
DEI (Diversity, Equity and Inclusion), Start-Up, Entrepreneur, Small Business, Professional Services, Consumer, LGBTQ+, Business, Candy, Education, Marketing, J. P. Morgan, Food, StartOut, Software, Cryptocurrency

Today, StartOut and J.P. Morgan welcomed the newest cohort of companies to the Growth Lab Accelerator .

Key Points: 
  • Today, StartOut and J.P. Morgan welcomed the newest cohort of companies to the Growth Lab Accelerator .
  • Seventy-four companies have participated in Growth Lab since 2016, raising more than $892 million in funding and creating approximately 4,216 jobs.
  • As co-lead sponsor of the program, J.P. Morgan provides Growth Lab participants with access to the firm’s network of global experts and resources.
  • “Each Growth Lab introduces us to an inspiring new cohort of founders, bringing fresh ideas, breaking barriers and expanding our vibrant, global StartOut community,” said Brian Richardson, CEO of StartOut.

CCC Intelligent Solutions Announces Proposed Secondary Offering of 40 Million Shares of Common Stock

Retrieved on: 
Thursday, February 29, 2024
Technology, Insurance, Professional Services, Software, Networks, Internet, IOT (Internet of Things), Data Management, Artificial Intelligence, Oak Hill Capital Partners, CCC, Telephone, J. P. Morgan, EDGAR, Sale, Form, Advent International, BofA Securities, CCCS, Security (finance), Offering

CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 40 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”).

Key Points: 
  • CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 40 million shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”).
  • The Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 6 million shares of the Company’s common stock.
  • The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.
  • Goldman Sachs & Co. LLC, BofA Securities and J.P. Morgan are acting as joint book running managers for the Offering.

Corbin Advisors Adds Top Talent to Lead Healthcare Vertical

Retrieved on: 
Thursday, February 29, 2024
Professional Services, Communications, Other Professional Services, Finance, Consulting, Other Communications, Public Relations, Investor Relations, Hospital, Evercore, J. P. Morgan, Research fellow, Basketball, Culture, Pharmacy, Health care, SVB Securities, Organization, Policy, TCS, Pancreatic cancer, Institution, Research, Institutional Investor, Football, Pharmaceutical industry

Leveraging his experience on the sell side covering the healthcare sector and advising public companies, Mr. Newshel will oversee Corbin's Healthcare vertical, building on the firm's long-standing client relationships across the sector, including biotech, specialty and generic pharma, diagnostics, med tech, healthcare services, and IT.

Key Points: 
  • Leveraging his experience on the sell side covering the healthcare sector and advising public companies, Mr. Newshel will oversee Corbin's Healthcare vertical, building on the firm's long-standing client relationships across the sector, including biotech, specialty and generic pharma, diagnostics, med tech, healthcare services, and IT.
  • "Mike is a long-tenured, Institutional Investor -ranked healthcare expert who brings nearly two decades of sector experience to our specialized talent base at Corbin,” said Rebecca Corbin, Founder and CEO of Corbin Advisors .
  • “His extensive sell-side experience, deep equity market knowledge, and expertise across the broader healthcare ecosystem will create significant value for our healthcare clients.
  • In addition, he brings deep expertise on the U.S. healthcare system, specifically policy and regulation.

Sixth Street Specialty Lending, Inc. Prices Public Offering of Common Stock

Retrieved on: 
Friday, March 1, 2024
Professional Services, Finance, Varick Street, Prospectus, Investment, J. P. Morgan, RBC Capital Markets, 2nd Floor, Sale, Wells Fargo, Morgan Stanley, Keefe, Bruyette & Woods, BofA Securities, Security (finance), Goldman Sachs, Citigroup

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced a public offering of 4,000,000 shares of its common stock for total gross proceeds of approximately $83.4 million.

Key Points: 
  • Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced a public offering of 4,000,000 shares of its common stock for total gross proceeds of approximately $83.4 million.
  • In connection with the offering, the Company has granted the underwriters for the offering an option to purchase up to an additional 600,000 shares of its common stock.
  • The offering is subject to customary closing conditions, and the shares are expected to be delivered on or about March 5, 2024.
  • TSLX expects to use the net proceeds of the offering to pay down outstanding debt under its revolving credit facility.

Dutch Bros Inc. to Participate at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on March 14, 2024

Retrieved on: 
Thursday, February 29, 2024
Retail, Restaurant, Bar, Food, Beverage, J. P. Morgan, BROS

Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or “the “Company”) one of the fastest-growing brands in the quick-service beverage industry in the United States by location count, today announced that the Company will host a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum in Las Vegas, Nev. on Thursday, March 14, 2024 beginning at 11:30 AM ET and will be meeting with institutional investors throughout the day.

Key Points: 
  • Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or “the “Company”) one of the fastest-growing brands in the quick-service beverage industry in the United States by location count, today announced that the Company will host a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum in Las Vegas, Nev. on Thursday, March 14, 2024 beginning at 11:30 AM ET and will be meeting with institutional investors throughout the day.