Linx

Jet Linx Announces New San Antonio Private Terminal

Retrieved on: 
Thursday, March 4, 2021

OMAHA, Neb., March 4, 2021 /PRNewswire/ -- Jet Linx , the leading private jet management and Jet Card membership company in the United States, today announced the opening of its new private terminal in San Antonio, Texas.

Key Points: 
  • OMAHA, Neb., March 4, 2021 /PRNewswire/ -- Jet Linx , the leading private jet management and Jet Card membership company in the United States, today announced the opening of its new private terminal in San Antonio, Texas.
  • In response to this growing demand, Jet Linx relocated the San Antonio Base to a new, standalone building at San Antonio International Airport.
  • The new terminal in San Antonio follows a record year of significant strategic growth for Jet Linx, during which time the Company launched Jet Linx Minneapolis, introduced two new Jet Card programs (the Affiliate Jet Card and the Enterprise Jet Card ) and heightened its partnership portfolio.
  • Jet Linx offers two different ways to experience private aviation a guaranteed jet card and private jet management program providing its clients with an all-encompassing, local solution to all of their private jet travel needs.

Jet Linx Ushers In 2021 With 14 New Partners To Its Elevated Lifestyle Benefits Program For Members And Private Jet Owners

Retrieved on: 
Thursday, January 14, 2021

OMAHA, Neb., Jan. 14, 2021 /PRNewswire/ -- Jet Linx , the leading private jet management and Jet Card membership company inthe United States, today announced it has welcomed three new partners to its Elevated Lifestyle (EL) client benefits program and further expanded its Elevated Lifestyle Preferred Hotel program.

Key Points: 
  • OMAHA, Neb., Jan. 14, 2021 /PRNewswire/ -- Jet Linx , the leading private jet management and Jet Card membership company inthe United States, today announced it has welcomed three new partners to its Elevated Lifestyle (EL) client benefits program and further expanded its Elevated Lifestyle Preferred Hotel program.
  • For more information on Jet Linx, the Elevated Lifestyle client benefits program and the Jet Linx Elevated Lifestyle Preferred Hotel Program, please visit www.jetlinx.com or contact a local Jet Linx Base.
  • Jet Linx Aviation is a locally-focused private jet company founded in Omaha, NE in 1999 as a more personalized approach to national private jet companies.
  • Jet Linx offers two different ways to experience private aviation a guaranteed jet card and private jet management program providing its clients with an all-encompassing, local solution to all of their private jet travel needs.

Jet Linx Hires First Cadets From Innovative Pilot Recruitment & Training Program In Conjunction With Southwest Airlines & CAE

Retrieved on: 
Monday, December 21, 2020

"We are thrilled to welcome Cameron to the Jet Linx family and celebrate this milestone together," said Mr. Walker.

Key Points: 
  • "We are thrilled to welcome Cameron to the Jet Linx family and celebrate this milestone together," said Mr. Walker.
  • We have been working closely with Southwest Airlines and CAE to ensure the successful implementation of Destination 225, and the first hire in the program represents a significant achievement.
  • Basinger represents the first female cadet to come through the program, and the first to arrive at Jet Linx via the CAE Pathway.
  • Jet Linx Aviation is a locally-focused private jet company founded in Omaha, NE in 1999 as a more personalized approach to national private jet companies.

Linx Extraordinary General Meeting Approves Business Combination With Stone

Retrieved on: 
Tuesday, November 17, 2020

SO PAULO, Brazil, Nov. 17, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (Stone), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that the Linx Extraordinary General Meeting held on this date approved the business combination between STNE Participaes S.A. (STNE), a controlled company of Stone that holds the software investments business of the Stone group in Brazil and Linx S.A. (B3: LINX3; NYSE: LINX) (Linx), a leading provider of retail management software in Brazil (Transaction).

Key Points: 
  • SO PAULO, Brazil, Nov. 17, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (Stone), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that the Linx Extraordinary General Meeting held on this date approved the business combination between STNE Participaes S.A. (STNE), a controlled company of Stone that holds the software investments business of the Stone group in Brazil and Linx S.A. (B3: LINX3; NYSE: LINX) (Linx), a leading provider of retail management software in Brazil (Transaction).
  • We are very excited with this combination and believe this Transaction is the best outcome for all stakeholders, including Linxs clients, shareholders and employees.
  • On condition (ii), the Linx shareholders voted in favor of the Transaction and each necessary approval in support thereof on November 17th, 2020 at the Linx ESM.
  • In connection with the Transaction, Stone and Linx have filed relevant materials with the SEC including a registration statement of Stone on Form F-4.

Stone Increases Cash Portion of Consideration for Business Combination With Linx

Retrieved on: 
Tuesday, November 17, 2020

Conditioned on the approval on the Linx Extraordinary Shareholders meeting on November 17th, 2020, Stone increased the cash portion of the consideration to be paid to Linx shareholders by R$ 1.50 per share.

Key Points: 
  • Conditioned on the approval on the Linx Extraordinary Shareholders meeting on November 17th, 2020, Stone increased the cash portion of the consideration to be paid to Linx shareholders by R$ 1.50 per share.
  • As a result, each Linx share will receive cash consideration of R$ 33.56 plus 0.0126774 Stone Class A common shares, increasing the total consideration to R$ 38.06 per share, based on Stones closing price and exchange rate (PTAX) as of November 16, 2020, a premium of 44.6% to Linx unaffected1 30-day VWAP.
  • Stone remains confident that the business combination with Linx represents a significant value creation opportunity for all stakeholders, including clients, shareholders and employees and will help accelerate Stones mission of empowering Brazilian merchants of all sizes to manage their businesses more effectively through technology.
  • In connection with the Transaction, Stone and Linx have filed relevant materials with the SEC including a registration statement of Stone on Form F-4.

LINX and Iron Mountain Data Centers Further Extend Partnership with Latest LINX NoVA PoP

Retrieved on: 
Monday, November 16, 2020

Adding Iron Mountain to the LINX NoVA network map is a huge step forward for LINX and LINX NoVA.

Key Points: 
  • Adding Iron Mountain to the LINX NoVA network map is a huge step forward for LINX and LINX NoVA.
  • Jennifer Holmes, LINX Chief Commercial Officer says:
    "We are excited to be welcoming Iron Mountain Data Centers on board as a partner for LINX NoVA.
  • Iron Mountain Data Centers' existing customers can join LINX NoVA from the VA-1 facility and any of their facilities globally through Iron Mountain's Virtual Cross Connect Service.
  • Iron Mountain Data Centers became a member of LINX in 2019 and earlier in 2020, they were announced as a 100G reseller partner for LINX in London.

LINX and Iron Mountain Data Centers Further Extend Partnership with Latest LINX NoVA PoP

Retrieved on: 
Monday, November 16, 2020

Adding Iron Mountain to the LINX NoVA network map is a huge step forward for LINX and LINX NoVA.

Key Points: 
  • Adding Iron Mountain to the LINX NoVA network map is a huge step forward for LINX and LINX NoVA.
  • Jennifer Holmes, LINX Chief Commercial Officer says:
    "We are excited to be welcoming Iron Mountain Data Centers on board as a partner for LINX NoVA.
  • Iron Mountain Data Centers' existing customers can join LINX NoVA from the VA-1 facility and any of their facilities globally through Iron Mountain's Virtual Cross Connect Service.
  • Iron Mountain Data Centers became a member of LINX in 2019 and earlier in 2020, they were announced as a 100G reseller partner for LINX in London.

Jet Linx Names Accomplished Aviation Industry Veteran Ron Silverman Chief Commercial Officer

Retrieved on: 
Thursday, November 12, 2020

OMAHA, Neb., Nov. 12, 2020 /PRNewswire/ -- Jet Linx , the leading private jet management and Jet Card membership company in the United States, has appointed Ron Silverman as Chief Commercial Officer and the newest member of the Jet Linx executive leadership team.

Key Points: 
  • OMAHA, Neb., Nov. 12, 2020 /PRNewswire/ -- Jet Linx , the leading private jet management and Jet Card membership company in the United States, has appointed Ron Silverman as Chief Commercial Officer and the newest member of the Jet Linx executive leadership team.
  • Prior to joining Jet Linx, Mr. Silverman served as the Chief Business Officer for XO.
  • Jet Linx Aviation is a locally-focused private jet company founded in Omaha, NE in 1999 as a more personalized approach to national private jet companies.
  • Jet Linx offers two different ways to experience private aviation a guaranteed jet card and private jet management program providing its clients with an all-encompassing, local solution to all of their private jet travel needs.

Linx Grows 18.5% in Subscription Revenue in 3Q20 Compared To 3Q19

Retrieved on: 
Tuesday, November 10, 2020

Linx closed 3Q20 with gross revenue of BRL 252.9 million (result of the combination of recurring and consulting services revenues).

Key Points: 
  • Linx closed 3Q20 with gross revenue of BRL 252.9 million (result of the combination of recurring and consulting services revenues).
  • In 3Q20, total recurring revenue reached BRL 219.8 million, 15.3% higher than the same period in 2019 and equivalent to 87% of gross revenue.
  • Linx's net revenue was BRL 221.0 million, which represented an increase of 12.2% when compared to 3Q19.
  • Linx Pay also expanded, accounting for 14.2% of total recurring revenue and is already prepared for the entry of Pix., Explains Alberto Menache, CEO of Linx.

Stone Waived Certain Breakup Fees and Increased Cash Portion of Consideration for Business Combination With Linx and Linx’s Independent Board Ratified Its Recommendation in Favor of Stone’s Transaction

Retrieved on: 
Thursday, October 29, 2020

In addition, according to the Minutes of Linxs Board Meeting held on October 28, 2020, Linxs Independent Board Members revisited their recommendation given recent events and new information from both the Stone transaction and TOTVs proposal.

Key Points: 
  • In addition, according to the Minutes of Linxs Board Meeting held on October 28, 2020, Linxs Independent Board Members revisited their recommendation given recent events and new information from both the Stone transaction and TOTVs proposal.
  • After evaluating the aspects above, as detailed in the Minutes of the Linxs Board Meeting, the Linx Independent Board Members, with the abstention from Linxs founders, ratified their recommendation to vote favorably for a transaction with Stone at Linxs ESM to be held on November 17, 2020.
  • In connection with the Transaction, Stone and Linx have filed relevant materials with the SEC including a registration statement of Stone on Form F-4.
  • Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.