Commission

The Herzfeld Caribbean Basin Fund, Inc. Announces Estimated Subscription Price for Rights Offering

Retrieved on: 
Friday, November 3, 2023

The Fund is a non-diversified, closed-end fund managed by HERZFELD/CUBA, a division of Thomas J. Herzfeld Advisors, Inc. (based in Miami Beach).

Key Points: 
  • The Fund is a non-diversified, closed-end fund managed by HERZFELD/CUBA, a division of Thomas J. Herzfeld Advisors, Inc. (based in Miami Beach).
  • Investing in companies of Caribbean Basin Countries may present certain unique risks not associated with domestic investments, such as currency fluctuation, political and economic changes and market risks.
  • Participating stockholders will be required to initially pay for the shares subscribed for in the Rights Offering as well as any additional shares subscribed for as part of the over-subscription privilege at the estimated subscription price.
  • The final terms of the Rights Offering may be different from those discussed above.

Affirmed Housing Completes Large Hotel Conversion, Delivers New Affordable Housing for Seniors in North County San Diego

Retrieved on: 
Tuesday, October 31, 2023

SAN DIEGO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Affirmed Housing, a leading provider of affordable housing throughout California, announces the completion of Tizon, a hotel-conversion development that delivers housing and onsite services to low-income seniors in the Rancho Bernardo neighborhood.

Key Points: 
  • SAN DIEGO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Affirmed Housing, a leading provider of affordable housing throughout California, announces the completion of Tizon, a hotel-conversion development that delivers housing and onsite services to low-income seniors in the Rancho Bernardo neighborhood.
  • A celebratory event was held to commemorate the project’s grand opening and included special guests San Diego Mayor Todd Gloria and Councilmember Marni von Wilpert.
  • “Affirmed Housing's Tizon development, which included funding and vouchers from our Housing Commission, is exactly the type of project we need for local seniors.
  • The project is funded in part with HOME Investments Partnerships Grant (HOME) funds provided to the City of San Diego by the U.S. Department of Housing and Urban Development (HUD) and administered by the San Diego Housing Commission.

Hims & Hers Introduces MedMatch, The Next Generation of Intelligent Diagnostic Services

Retrieved on: 
Monday, November 6, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231106108871/en/
    Currently in Beta, MedMatch deploys artificial intelligence and machine learning against the expansive dataset at the core of the Hims & Hers platform.
  • The company is initially deploying MedMatch for customers seeking support for anxiety and depression on the Hims & Hers platform.
  • Many people avoid seeking treatment due to stigma and lack of education for psychiatric disorders.
  • When treatment is sought, there is a shortage of mental health professionals, creating an unacceptable gap between need and access.

Gibson, Dunn & Crutcher LLP Files Opening Brief in Lawsuit Against the SEC to Vacate the Private Fund Adviser Rule

Retrieved on: 
Thursday, November 2, 2023

Unlike retail investment products open to all investors, private funds are only available to experienced, sophisticated investors.

Key Points: 
  • Unlike retail investment products open to all investors, private funds are only available to experienced, sophisticated investors.
  • As the brief explains:
    This case concerns “private funds”—pooled investment vehicles that are not offered to the public.
  • Unlike more familiar pooled investment vehicles, like mutual funds, private funds are generally not accessible to non-professional investors (known as retail customers).
  • The brief also argues that the SEC did not give adequate reasons for the rule.

Chain Bridge I Will Redeem Public Shares

Retrieved on: 
Tuesday, October 31, 2023

The per-share redemption price for the public shares will be approximately $10.80 (the “Redemption Amount”).

Key Points: 
  • The per-share redemption price for the public shares will be approximately $10.80 (the “Redemption Amount”).
  • As of the close of business on November 15, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.
  • The Redemption Amount will be payable to the holders of the Public Shares upon presentation of their respective stock or unit certificates or other delivery of their shares or units to the Company’s transfer agent, Continental Stock Transfer & Trust Company.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the Redemption Amount.

MTC, Lyft Announce Plans to Grow and Improve Bay Wheels Regional Bikeshare System

Retrieved on: 
Friday, November 3, 2023

SAN FRANCISCO, Nov. 3, 2023 /PRNewswire/ -- The Metropolitan Transportation Commission (MTC) and Lyft today announced a drop in both annual membership prices for the Bay Area's Bay Wheels regional bikeshare program and members' e-bike usage fees, as well as the addition of more than 2,000 next generation e-bikes to the Bay Wheels fleet and the rollout of 55 additional docking stations in San Francisco, San Jose, Oakland, Berkeley and Emeryville. These measures are aimed at improving Bay Wheels' long-term sustainability by growing ridership and reducing operational costs.

Key Points: 
  • These measures are aimed at improving Bay Wheels' long-term sustainability by growing ridership and reducing operational costs.
  • These improvements to the Bay Wheels system are a big part of that commitment."
  • To enhance the growth of Bay Wheels' e-bike fleet, MTC and Lyft are piloting grid-connected charging stations using Lyft's next generation station technology.
  • Lyft operates the Bay Wheels program under a contract managed by MTC.

Notice - ROYAL BANK OF CANADA, File No. 2023-32

Retrieved on: 
Friday, November 3, 2023

TORONTO, Nov. 3, 2023 /CNW/ - Following a hearing held today, the Tribunal issued an Order in the above-named matter approving the Settlement Agreement reached between Staff of the Commission and Royal Bank of Canada.

Key Points: 
  • TORONTO, Nov. 3, 2023 /CNW/ - Following a hearing held today, the Tribunal issued an Order in the above-named matter approving the Settlement Agreement reached between Staff of the Commission and Royal Bank of Canada.
  • A copy of the Order dated November 3, 2023, Settlement Agreement dated October 25, 2023 and Oral Reasons for Approval of a Settlement dated November 3, 2023 are available at capitalmarketstribunal.ca

ROYAL BANK OF CANADA, File No. 2023-32

Retrieved on: 
Thursday, November 2, 2023

TORONTO, Nov. 2, 2023 /CNW/ - The Tribunal issued a Notice of Hearing for a hearing to consider whether it is in the public interest to approve a settlement agreement entered into by Staff of the Commission and Royal Bank of Canada in the above-named matter.

Key Points: 
  • TORONTO, Nov. 2, 2023 /CNW/ - The Tribunal issued a Notice of Hearing for a hearing to consider whether it is in the public interest to approve a settlement agreement entered into by Staff of the Commission and Royal Bank of Canada in the above-named matter.
  • The hearing will be held on November 3, 2023 at 8:00 a.m.
    A copy of the Notice of Hearing dated November 2, 2023 and Statement of Allegations dated November 1, 2023 are available at capitalmarketstribunal.ca

Public Inquiry Into Foreign Interference Gets to Work

Retrieved on: 
Thursday, November 2, 2023

OTTAWA, ON, Nov. 2, 2023 /CNW/ - The Public Inquiry into Foreign Interference in Federal Electoral Processes and Democratic Institutions has begun its work.

Key Points: 
  • OTTAWA, ON, Nov. 2, 2023 /CNW/ - The Public Inquiry into Foreign Interference in Federal Electoral Processes and Democratic Institutions has begun its work.
  • The Inquiry will hold public hearings in each phase of its work.
  • "The work to set up an independent Public Inquiry, particularly one that deals with national security issues, is complex," said Commissioner Hogue.
  • The Inquiry will also set up a process so that members of the public can submit information to the Inquiry and/or share their observations.

Ballistic Ventures Appoints Federal Cybersecurity Officials Chris Inglis and Kiersten Todt as Advisors

Retrieved on: 
Wednesday, November 1, 2023

SAN FRANCISCO, Nov. 1, 2023 /PRNewswire/ -- Ballistic Ventures, the venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, today announced former National Cyber Director Chris Inglis and former Cybersecurity and Infrastructure Security Agency (CISA) Chief of Staff Kiersten Todt joined the firm as federal advisors.

Key Points: 
  • SAN FRANCISCO, Nov. 1, 2023 /PRNewswire/ -- Ballistic Ventures , the venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, today announced former National Cyber Director Chris Inglis and former Cybersecurity and Infrastructure Security Agency (CISA) Chief of Staff Kiersten Todt joined the firm as federal advisors.
  • Former National Cyber Director Chris Inglis and CISA official Kiersten Todt join Ballistic Ventures as advisors.
  • In their advisory roles, Inglis and Todt will draw from their extensive federal cybersecurity expertise to assess potential investments, offer strategic support to portfolio companies navigating government policies and regulations, and share federal market guidance.
  • "Chris and Kiersten bring a unique and invaluable perspective to the Ballistic Ventures team given their decades-long experience in working in cybersecurity at the federal level," said Ted Schlein, co-founder and general partner at Ballistic Ventures.