Corporations

Leading Independent Advisory Firm Institutional Shareholder Services, Inc. Recommends Baudax Bio Shareholders Vote “For” the Proposed Additional Authorized Shares at Upcoming Special Meeting of Shareholders

Retrieved on: 
Wednesday, June 30, 2021

We believe increasing the number of authorized shares will better enable Baudax Bio to achieve its corporate goals and to expand its shareholder base.

Key Points: 
  • We believe increasing the number of authorized shares will better enable Baudax Bio to achieve its corporate goals and to expand its shareholder base.
  • Baudax shareholders are urged to vote as ISS recommends by voting FOR the proposed increase in authorized shares and the adjournment of the Special Meeting of shareholders.
  • Shareholders needing assistance voting or have questions may contact Baudax Bios proxy solicitation firm, Okapi Partners, at [email protected] or (855) 208-8902.
  • These forward-looking statements are based on information currently available to Baudax Bio, and Baudax Bio assumes no obligation to update any forward-looking statements except as required by applicable law.

Annual General Shareholders’ Meeting of June 30, 2021 - SCOR’s shareholders, who met today, overwhelmingly support SCOR’s strategy and the new governance proposed by its Board of Directors

Retrieved on: 
Wednesday, June 30, 2021

SCORs shareholders met today at a Combined (Ordinary and Extraordinary) General Meeting, chaired by Denis Kessler, Chairman and Chief Executive Officer, in order to vote on all the resolutions submitted to them.

Key Points: 
  • SCORs shareholders met today at a Combined (Ordinary and Extraordinary) General Meeting, chaired by Denis Kessler, Chairman and Chief Executive Officer, in order to vote on all the resolutions submitted to them.
  • There was strong support for the Groups new governance proposed by its Board of Directors, consisting of a separation of the roles of Chairman of the Board and Chief Executive Officer with effect from today.
  • All the resolutions proposed by the Board of Directors were approved by the General Meeting.
  • SCOR is fully equipped and fully mobilized to use all the means at its disposal to continue to create value for its shareholders.

Corra Group Orders Up More Due Diligence Packages For Clients as a Precaution in the Post-Pandemic Era

Retrieved on: 
Wednesday, June 30, 2021

"We are entering the post-pandemic era," said Corra Group Co-Founder, Gordon Basichis.

Key Points: 
  • "We are entering the post-pandemic era," said Corra Group Co-Founder, Gordon Basichis.
  • "The status and solvency of any variety of companies may have changed considering, given the economic realities of the past year or so.
  • Basichis pointed out that Corra Group conducts due diligence and corporate research on a domestic and global basis.
  • BACKGROUND: Corra operates as Corra Group and specializes in employment screening and corporate research and due diligence, domestically and globally.

ROCKET ALERT: Bragar Eagel & Squire, P.C. is Investigating Rocket Companies, Inc. on Behalf of Rocket Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, June 30, 2021

Investors have until August 28, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until August 28, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • The stunning collapse in Rocket Companies gain on sale margin reflected the fact that the favorable market conditions purportedly being experienced by Rocket Companies during the Class Period had in fact reversed.
  • On this news, the price of Rocket Companies Class A common stock fell by nearly 17% to close at $19.01 per share.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Bank of America Recommends Shareholders Reject “Mini-Tender” Offer by Tutanota LLC

Retrieved on: 
Tuesday, June 29, 2021

Bank of America today announced that it recently learned of an unsolicited mini-tender offer made by Tutanota LLC (Tutanota) to Bank of America shareholders to purchase up to 1 million shares of Bank of America common stock at $47 per share.

Key Points: 
  • Bank of America today announced that it recently learned of an unsolicited mini-tender offer made by Tutanota LLC (Tutanota) to Bank of America shareholders to purchase up to 1 million shares of Bank of America common stock at $47 per share.
  • This means that unless this condition is waived by Tutanota, Bank of America shareholders who tender their shares in the offer will receive a below-market price.
  • Bank of America recommends that shareholders do not tender their shares in response to Tutanotas offer because the offer requires that the closing stock price for Bank of America common stock exceed the offer price, and the offer is subject to numerous additional conditions, including Tutanota obtaining financing for the offer.
  • Bank of America does not endorse Tutanotas unsolicited mini-tender offer and is not affiliated or associated in any way with Tutanota, its mini-tender offer, or the offer documentation.

Organon Recommends Stockholders Reject Below-Market Mini-Tender Offer by TRC Capital Investment Corporation

Retrieved on: 
Tuesday, June 29, 2021

Organon (NYSE: OGN) has been notified of an unsolicited mini-tender offer by TRC Capital Investment Corporation (TRC) to purchase up to 3,000,000 shares of Organon common stock from Organon stockholders, representing approximately 1.18% of the outstanding shares of Organon common stock.

Key Points: 
  • Organon (NYSE: OGN) has been notified of an unsolicited mini-tender offer by TRC Capital Investment Corporation (TRC) to purchase up to 3,000,000 shares of Organon common stock from Organon stockholders, representing approximately 1.18% of the outstanding shares of Organon common stock.
  • Organon does not endorse TRCs mini-tender offer and recommends that stockholders reject this unsolicited offer by not tendering their shares.
  • If stockholders have already tendered shares, Organon recommends that they withdraw their shares by providing the written notice described in the TRC mini-tender offer documents prior to the expiration of the offer, currently scheduled for 12:01 a.m. (Eastern Time) on July 21, 2021.
  • Organon is not associated in any way with TRC, its mini-tender offer or its mini-tender offer documents.

Boston Therapeutics Announces $8.4 Million Convertible Placement in Conjunction with Nanomix Reverse Merger

Retrieved on: 
Tuesday, June 29, 2021

Investors were also issued warrants to purchase an aggregate of approximately 708.8 million shares of common stock (collectively, the Warrants).

Key Points: 
  • Investors were also issued warrants to purchase an aggregate of approximately 708.8 million shares of common stock (collectively, the Warrants).
  • As part of the reverse merger with Nanomix, the Company will implement a reverse stock split of 173:1.
  • On June 4, 2021, Nanomix, Inc. completed a reverse merger transaction with the Company.
  • Following the reverse merger, the Company intends to changed its name to Nanomix Holdings, Inc., and will continue the innovative business of Nanomix.

Lakeview Investment Group Calls Upon TESSCO Technologies to Conduct a Full and Fair Sale Process

Retrieved on: 
Tuesday, June 29, 2021

Dear Members of the Board,

Key Points: 
  • Dear Members of the Board,
    Lakeview Investment Group & Trading Company, LLC (Lakeview) owns 1,031,591 shares of TESSCO Technologies Incorporated (Tessco or the Company), representing approximately 11.6% of the outstanding shares, making Lakeview the Companys second largest stockholder.
  • We are writing today to express our view that Tessco retain a reputable investment bank to run a full and fair process to sell the Company.
  • We have followed the Company closely for two decades, from the relatively early days of the cellular wireless industry.
  • We look forward to having a direct and constructive engagement with the Board to ensure that the Company pursues a full and fair sale process with the singular goal of maximizing value for stockholders.

SHAREHOLDER ALERT: Barr Law Group Investigating EQT, SKLZ, MFQAX, and PEOPX; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Tuesday, June 29, 2021

If you are a current owner of shares of any of these stocks, contact [email protected] or call (619) 400-4966.

Key Points: 
  • If you are a current owner of shares of any of these stocks, contact [email protected] or call (619) 400-4966.
  • Barr Law Group is investigating Skillz Inc. regarding corporate governance failures, possible breaches of fiduciary duties and other violations of law, including securities claims on behalf of shareholders, related to recent transactions and/or events at the company.
  • Investors who purchased the company's securities and still own their shares are encouraged to contact the firm.
  • Concerned shareholders are encouraged to contact Leo Kandinov to learn more:
    Barr Law Group is a boutique law firm consisting of highly experienced and specialized litigators who represent investors in securities litigation and corporate governance matters.

Afya Limited (the "Company") Notice of Annual General Meeting of the Company

Retrieved on: 
Monday, June 28, 2021

IF YOU HAVE EXECUTED A STANDING PROXY, YOUR STANDING PROXY WILL BE VOTED AS INDICATED IN NOTE 2 BELOW, UNLESS YOU ATTEND THE AGM IN PERSON OR SEND IN A SPECIFIC PROXY.

Key Points: 
  • IF YOU HAVE EXECUTED A STANDING PROXY, YOUR STANDING PROXY WILL BE VOTED AS INDICATED IN NOTE 2 BELOW, UNLESS YOU ATTEND THE AGM IN PERSON OR SEND IN A SPECIFIC PROXY.
  • A proxy need not be a shareholder of the Company.
  • A shareholder entitled to attend and vote at the AGM is entitled to appoint one or more proxies to attend and vote in his/her stead.
  • Returning the completed form of proxy will not preclude you from attending the AGM and voting in person if you so wish.