Exchange

Ventyx Biosciences Announces $100 Million Private Placement of Common Stock

Retrieved on: 
Thursday, March 7, 2024

Gross proceeds of the private placement are expected to be approximately $100 million, before deducting placement agent fees and other expenses.

Key Points: 
  • Gross proceeds of the private placement are expected to be approximately $100 million, before deducting placement agent fees and other expenses.
  • The private placement is expected to close on March 11, 2024, subject to the satisfaction of customary closing conditions.
  • With the proceeds from the private placement, Ventyx expects to extend its cash runway into at least the second half of 2026.
  • Ventyx has agreed to file a registration statement with the Securities and Exchange Commission registering the resale of the shares of common stock issued in this private placement.

New NCLA Lawsuit Exposes Public Company Accounting Oversight Board’s Star Chamber Proceedings

Retrieved on: 
Tuesday, March 5, 2024

NCLA’s client, John Doe (a pseudonym used to protect his anonymity), asks the Court to stop these disciplinary proceedings and declare them unconstitutional.

Key Points: 
  • NCLA’s client, John Doe (a pseudonym used to protect his anonymity), asks the Court to stop these disciplinary proceedings and declare them unconstitutional.
  • NCLA is pleased to partner with Tom Potter in the Nashville office of Burr & Forman LLP on this important matter of first impression.
  • After years of intrusive investigation, PCAOB can impose punishing sanctions against individual accountants and accounting firms in its regulatory ambit.
  • The Board’s disciplinary proceedings deprive John Doe of his right to a jury trial, violating the Sixth and Seventh Amendments.

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Evolv Technologies Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – EVLV

Retrieved on: 
Tuesday, March 5, 2024

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22743 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Freddie Mac Prices Approximately $618 Million Securitization of Re-Performing Loans

Retrieved on: 
Tuesday, March 5, 2024

Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2024-1 includes approximately $585 million in guaranteed senior certificates and $32 million in non-guaranteed mezzanine and subordinate certificates.

Key Points: 
  • Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2024-1 includes approximately $585 million in guaranteed senior certificates and $32 million in non-guaranteed mezzanine and subordinate certificates.
  • To date, Freddie Mac has sold over $10.2 billion of Non-Performing Loans (NPLs) and securitized approximately $78 billion of RPLs consisting of over $30 billion of fully guaranteed PCs, $35 billion of SCRT senior/sub securities, and $12 billion of Seasoned Loans Structured Transaction (SLST) securities.
  • Additional information about the company's seasoned loan offerings can be found at: http://www.freddiemac.com/seasonedloanofferings/
    This announcement is not an offer to sell any Freddie Mac securities.
  • Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II - KIND

Retrieved on: 
Thursday, February 29, 2024

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II (“Nextdoor” or the “Company”) (NYSE: KIND).

Key Points: 
  • NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II (“Nextdoor” or the “Company”) (NYSE: KIND).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether Nextdoor and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

EVLV INVESTOR NOTICE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Evolv Technologies Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – EVLV

Retrieved on: 
Thursday, February 29, 2024

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22743 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Dada Nexus Limited - DADA

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA).

Key Points: 
  • NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether Dada and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Cumulus Media Announces Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

Retrieved on: 
Tuesday, February 27, 2024

In conjunction with the Exchange Offer, the Issuer is also soliciting consents (the “Consent Solicitation”) to amend certain provisions in the Old Notes Indenture (the “Proposed Amendments”).

Key Points: 
  • In conjunction with the Exchange Offer, the Issuer is also soliciting consents (the “Consent Solicitation”) to amend certain provisions in the Old Notes Indenture (the “Proposed Amendments”).
  • Holders may not tender their Old Notes pursuant to the Exchange Offer without delivering a consent with respect to such Old Notes tendered pursuant to the Consent Solicitation, and holders may not deliver a consent pursuant to the Consent Solicitation without tendering the related Old Notes pursuant to the Exchange Offer.
  • The consummation of the Term Loan Exchange Offer is not conditioned on the consummation of the Exchange Offer.
  • King & Co., Inc. will act as the Information Agent and the Exchange Agent for the Exchange Offer.

Silver Bull Provides Update on Its Arbitration Claim Against Mexico

Retrieved on: 
Tuesday, February 27, 2024

VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (“Silver Bull” or the “Company”) provides an update on progress with its international arbitration claim against the United Mexican States (“Mexico”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (“Silver Bull” or the “Company”) provides an update on progress with its international arbitration claim against the United Mexican States (“Mexico”).
  • The evaluation is underway and will serve as the foundation for determining the value of Silver Bull’s claim against Mexico.
  • Silver Bull anticipates filing its Memorial in May 2024, with the Arbitration hearing slated for October 2025.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Evolv Technologies Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – EVLV

Retrieved on: 
Sunday, February 25, 2024

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22743 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22743 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.