Special-purpose acquisition company

3radical prepares for next stage of growth - plans to list on London Stock Exchange via Reverse Takeover with Electric Guitar

Retrieved on: 
Friday, July 7, 2023
AIM, London Stock Exchange, Electric guitar, Special-purpose acquisition company, Identity, Privacy, Voco, Acquisition, London, Reverse takeover, Research, Cryptocurrency, Online shopping, BRISTOL

BRISTOL, England, July 7, 2023 /PRNewswire/ -- 3radical, the developer of the audience engagement and first party data acquisition platform Voco, today announces that it has entered non-binding heads of terms, subject to due diligence and appropriate approvals, to enter into a Reverse Takeover with Electric Guitar plc (ELEG.L) a listed Special Purpose Acquisition Company that it is proposed will move from the Standard List to the AIM market of the London Stock Exchange as part of the transaction.

Key Points: 
  • Electric Guitar plc was formed in 2021 by industry experts to acquire world-class data and technology businesses to create a global company that is a leader in the People First era.
  • The reverse takeover by 3radical will be the first transaction to be undertaken by Electric Guitar and will underpin the accelerated roll out of 3radical's platform and provide the opportunity to further broaden the capabilities of the business.
  • This requires marketers to earn and effectively use first party data - an area expected by 3radical to see very substantial growth.
  • Electric Guitar is a group of likeminded industry experts, creating a business with the resources to scale swiftly and to capitalise on this disruption.

IBN Designated Official Media Partner of the DealFlow Events June 2023 SPAC Conference

Retrieved on: 
Thursday, June 29, 2023
SPAC, Westchester Country Club, IPO, Special-purpose acquisition company, Building at 140 Biltmore Avenue, Environment, Conference, IBN, Financial services

RYE, N.Y., June 29, 2023 (GLOBE NEWSWIRE) -- via InvestorWire – IBN (“InvestorBrandNetwork”), a multifaceted communications organization engaged in connecting companies to the investment community through 60+ brands, today announces that it has been selected as the official media partner for The SPAC Conference 2023 , hosted by DealFlow Financial Products, Inc. (“DealFlow Events”).

Key Points: 
  • RYE, N.Y., June 29, 2023 (GLOBE NEWSWIRE) -- via InvestorWire – IBN (“InvestorBrandNetwork”), a multifaceted communications organization engaged in connecting companies to the investment community through 60+ brands, today announces that it has been selected as the official media partner for The SPAC Conference 2023 , hosted by DealFlow Financial Products, Inc. (“DealFlow Events”).
  • The conference will be held June 28-29 at the Westchester Country Club on Biltmore Avenue in Rye, New York.
  • We are very pleased to continue collaborating with IBN as they continue to raise the visibility of our events throughout the online investment community,” said Steven Dresner , CEO of DealFlow Events.
  • “We appreciate their highly professional and energetic team.”
    Jonathan Keim, communications director for IBN, added, “Over the past two decades, DealFlow Events has become a key leader in the financial events space.

enCore Energy Announces Agreement for At-The-Market Offering

Retrieved on: 
Tuesday, June 27, 2023
Executive, EU, PI, Polaris Sales Agreement, Bank statement, Special-purpose acquisition company, Encore, Public file, Sale, Canadian Securities Administrators, ATM, National instrument, NYSE American, Environmental Defense v. Duke Energy Corp., Offering, Indian stock exchange, SEDAR, Form, NYSE, Republika Srpska Securities Commission, Security (finance), Bank

The ATM Facility can be in effect until the aggregate gross sales proceeds of common shares sold pursuant to the Sales Agreement equals US$70,000,000, unless terminated prior to such date by enCore or otherwise in accordance with the Sales Agreement.

Key Points: 
  • The ATM Facility can be in effect until the aggregate gross sales proceeds of common shares sold pursuant to the Sales Agreement equals US$70,000,000, unless terminated prior to such date by enCore or otherwise in accordance with the Sales Agreement.
  • William M. Sheriff, enCore's Executive Chairman stated: "The At-The-Market (ATM) Offering provides enCore access to funds with greater flexibility and lower costs than more traditional financings.
  • 333-272609), dated June 12, 2023 and June 20, 2023, respectively (collectively, the "Offering Documents").
  • Before you invest, you should read the Offering Documents and the documents incorporated therein for more complete information about the Company and the Offering.

LEADING INDEPENDENT PROXY ADVISORY FIRMS ISS AND GLASS LEWIS BOTH RECOMMEND SUPERIOR GOLD SHAREHOLDERS VOTE FOR THE PLAN OF ARRANGEMENT WITH CATALYST METALS

Retrieved on: 
Thursday, June 15, 2023
TSX Venture Exchange, Model Business Corporation Act, Eastern Time Zone, Arrangement, ASX, Glass Lewis, CYL, Acquisition, VWAP, Superior, Consideration, Indian stock exchange, Glass, SGI, Catalysis, Special-purpose acquisition company, ISS, Holding company, Management

ISS and Glass Lewis are a leading independent corporate governance analysis and proxy advisory firms that provide proxy voting recommendations to institutional shareholders.

Key Points: 
  • ISS and Glass Lewis are a leading independent corporate governance analysis and proxy advisory firms that provide proxy voting recommendations to institutional shareholders.
  • The independent recommendations of each of ISS and Glass Lewis are intended to assist their shareholder subscribers in making choices regarding proxy voting decisions.
  • ISS and Glass Lewis made their respective independent recommendations after carefully reviewing the facts regarding the Arrangement and benefits to Company shareholders.
  • The Superior board of directors (the "Board") encourages Superior shareholders ("Shareholders") to carefully read the information sent to them and to vote their Superior common shares (the "Common Shares") FOR the Arrangement.

NUBURU to Receive Cash Infusion of Approximately $8 Million from Existing Investors through Private Placement

Retrieved on: 
Tuesday, June 13, 2023
Machine Tools, Metalworking & Metallurgy, Engineering, Technology, Manufacturing, Other Technology, Other Manufacturing, Steel, Exercise, Purchasing, Note, Special-purpose acquisition company, Sale, Warrant, Form, NYSE American, Asset purchase agreement, NYSE, Security (finance), Financial adviser

Brian Knaley, Chief Financial Officer of the Company, added, “The transaction provides important growth capital and bolsters the Company’s balance sheet.

Key Points: 
  • Brian Knaley, Chief Financial Officer of the Company, added, “The transaction provides important growth capital and bolsters the Company’s balance sheet.
  • The Company may issue additional shares of common stock if it elects to pay interest in kind on the Convertible Notes.
  • The Warrants have an exercise price equal to $1.03, representing a premium of 50% over the conversion price, and expire on June 23, 2028.
  • According to the NYSE American LLC Company Guide, consummating the transactions pursuant to the Purchase Agreement would ordinarily require the approval of the Company’s stockholders.

Interactive Strength Inc. d/b/a FORME Reports First Quarter 2023 Results

Retrieved on: 
Thursday, June 8, 2023
Note, IPO, Partnership, Household, Special-purpose acquisition company, GAAP, Ratio, EBITDA, Depreciation, Rare-earth element, Bank, Security (finance)

AUSTIN, TX, June 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Interactive Strength Inc. d/b/a FORME (the "Company", or “FORME”) (NASDAQ: TRNR), today announced its financial results for the first quarter of 2023.

Key Points: 
  • Adjusted EBITDA was a $4.4 million loss, a $6.3 million improvement versus first quarter of 2022
    Average Annualized Recurring Revenue per Household at $1,650, more than three times greater versus first quarter of 2022
    AUSTIN, TX, June 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Interactive Strength Inc. d/b/a FORME (the "Company", or “FORME”) (NASDAQ: TRNR), today announced its financial results for the first quarter of 2023.
  • Adjusted EBITDA, a non-GAAP financial measure, was a $4.4 million loss for the quarter.
  • Adjusted EBITDA for the first quarter reflects $14.6 million of non-cash stock-based compensation.
  • As a result, we ended the quarter with a backlog of sold but not yet installed hardware products.

flyExclusive to Host Company Analyst Day on June 15, 2023

Retrieved on: 
Wednesday, June 7, 2023
Other Travel, Air, Transport, Travel, The Great Hall, Canada Aviation and Space Museum, Special-purpose acquisition company, EG, Research, Great hall, NYSE, RSVP, Tourism

flyExclusive, a leading provider of premium private jet experiences, and EG Acquisition Corp. (NYSE: EGGF), a Special Purpose Acquisition Company (“SPAC”), sponsored by EnTrust Global and GMF Capital, today announced that flyExclusive will host an Analyst Day for investors and research analysts on June 15, 2023.

Key Points: 
  • flyExclusive, a leading provider of premium private jet experiences, and EG Acquisition Corp. (NYSE: EGGF), a Special Purpose Acquisition Company (“SPAC”), sponsored by EnTrust Global and GMF Capital, today announced that flyExclusive will host an Analyst Day for investors and research analysts on June 15, 2023.
  • Location: The Great Hall @ Intrepid Sea, Air & Space Museum, New York, New York
    Time: Company presentations will run from approximately 1:00pm ET to 4:00pm ET and will be followed by a cocktail hour hosted on the Intrepid Fantail from 4:00pm ET to 5:00pm ET.
  • To register, please RSVP by email to [email protected] .
  • In-person attendance is reserved for institutional investors and equity research analysts.

U.S. Energy Corp. Announces Appointment of New Chief Financial Officer

Retrieved on: 
Monday, June 5, 2023
Marketing, Arthur Andersen, Electric Bond and Share Company v. Securities and Exchange Commission, Bachelor of Business Administration, PCAOB, Business administration, Texas Tech University, Retirement, Partner, Environmental Defense v. Duke Energy Corp., Initial public offering, CFO, Security (finance), KPMG, Special-purpose acquisition company, Master of Business Administration, Management

Energy” or the “Company”) today announced that Mark Zajac has been appointed Chief Financial Officer (“CFO”), effective June 1, 2023.

Key Points: 
  • Energy” or the “Company”) today announced that Mark Zajac has been appointed Chief Financial Officer (“CFO”), effective June 1, 2023.
  • Mr. Zajac brings 30 years of leadership experience across energy and finance, primarily as a Partner and national industry leader with KPMG.
  • "I look forward to welcoming Mark to the U.S. Energy team," said Ryan Smith, President and Chief Executive Officer of U.S. Energy.
  • Mr. Smith remains President, Chief Executive Officer and a Director.

LINE Hydrogen Announces UK Listing

Retrieved on: 
Thursday, June 1, 2023
Automotive, Mining, Minerals, Other Energy, Natural Resources, Green Technology, Oil, Gas, Alternative Vehicles, Fuels, Alternative Energy, Environment, Energy, Sustainability, Hydrogen, SPAC, LSE, Growth, NZI, LINE, Special-purpose acquisition company, Main Market, Onitsha, Acquisition, Multimedia, London, London Stock Exchange, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20230601005397/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230601005397/en/
    LINE Hydrogen is an Australian company at the forefront of green hydrogen production and the clean energy revolution.
  • (Photo: Business Wire)
    The strategic acquisition brings together the expertise and vision of LINE Hydrogen with the benefits arising from a listing on the LSE in the rapidly growing hydrogen energy sector.
  • By leveraging NZI’s network and market access, LINE Hydrogen should be well-positioned to drive innovation and contribute to the global transition towards a more sustainable and zero-carbon future.
  • "We are very pleased to announce our proposed transaction with NZI," said Brendan James, Founder and Executive Chairman of LINE Hydrogen.

EQS-News: MEDIQON Group AG: 2022 Annual Report - Strong Operating Performance and Continued Success with Acquisitions - Renaming and New Board Director Proposed at AGM to Embark on Next Chapter of Growth

Retrieved on: 
Saturday, May 27, 2023
Supervisory board, AG, AGM, EUR, EBITDA, Acquisition, Special-purpose acquisition company, Growth, Annual report, News, Security (finance), Video game, Management, Cryptocurrency

While results were mainly driven by the successful acquisition activities of the company’s platform groups, like-for-like EBITDA growth in 2022 was also strong at +6.6%.

Key Points: 
  • While results were mainly driven by the successful acquisition activities of the company’s platform groups, like-for-like EBITDA growth in 2022 was also strong at +6.6%.
  • Over time, we evolved immensely, having attracted exceptional talent, quality business owners and a set of world class shareholders to join our effort.
  • Looking forward, the board is proposing a renaming of the company to CHAPTERS GROUP AG.
  • “It’s an honor to be considered for the Supervisory Board at MEDIQON Group AG,” said Paul.