Conyers, Georgia

Nuvation Bio to Acquire AnHeart Therapeutics in All-Stock Transaction

Retrieved on: 
Monday, March 25, 2024

Nuvation Bio Inc. (NYSE: NUVB), a biopharmaceutical company tackling some of the greatest unmet needs in oncology by developing differentiated and novel therapeutic candidates, and AnHeart Therapeutics Ltd. (AnHeart), a global clinical-stage biopharmaceutical company developing novel precision therapies for people with cancer, today announced that the companies have entered into a definitive agreement for Nuvation Bio to acquire AnHeart in an all-stock transaction (the Acquisition).

Key Points: 
  • Nuvation Bio Inc. (NYSE: NUVB), a biopharmaceutical company tackling some of the greatest unmet needs in oncology by developing differentiated and novel therapeutic candidates, and AnHeart Therapeutics Ltd. (AnHeart), a global clinical-stage biopharmaceutical company developing novel precision therapies for people with cancer, today announced that the companies have entered into a definitive agreement for Nuvation Bio to acquire AnHeart in an all-stock transaction (the Acquisition).
  • Immediately following the closing of the Acquisition, the former shareholders of AnHeart will own approximately 33% and the current stockholders of Nuvation Bio will own approximately 67% of Nuvation Bio on a fully diluted basis.
  • Subject to approval by the Nuvation Bio stockholders (the Nuvation Bio Stockholder Approval), each share of Series A Non-Voting Convertible Preferred Stock issued by Nuvation Bio in the Acquisition will initially be convertible into 100 shares of Class A common stock.
  • Any shareholders of AnHeart who are not accredited investors will receive cash for their AnHeart shares in lieu of receiving Nuvation Bio securities.

Home Rents Continue to Rise in Q2 2023: 89% of U.S. Cities Experienced Year-Over-Year Rent Increases

Retrieved on: 
Thursday, July 13, 2023

BOSTON, July 13, 2023 /PRNewswire/ -- Rentometer has released their Q2 2023 Rent Report for three-bedroom (3-BR) houses that are single-family rentals (SFRs). Rentometer collects data for all residential asset classes, but this report is focused on SFR because they are one of, if not the most, active residential rental asset classes today.

Key Points: 
  • BOSTON, July 13, 2023 /PRNewswire/ -- Rentometer has released their Q2 2023 Rent Report for three-bedroom (3-BR) houses that are single-family rentals (SFRs).
  • 89% of U.S. cities experienced year-over-year rent increases.
  • The Q2 '23 report covers 508 cities that had at least 25 data points for Q2 '22 and Q2 '23.
  • It includes an analysis of year-over-year change in average rent prices by city for the second quarter.

Axar Capital Management Announces Acquisition of Pavonia Life Insurance Company of Michigan

Retrieved on: 
Thursday, September 15, 2022

Axar Capital Management LP (Axar) today announced the completion of its acquisition of Pavonia Life Insurance Company of Michigan (Pavonia), a Michigan domiciled life insurance company.

Key Points: 
  • Axar Capital Management LP (Axar) today announced the completion of its acquisition of Pavonia Life Insurance Company of Michigan (Pavonia), a Michigan domiciled life insurance company.
  • We are excited to have completed the acquisition of Pavonia, said Andrew Axelrod, Founder and Managing Partner at Axar Capital.
  • We are also exceptionally pleased to have Mark Zesbaugh partner with Axar and lead the company as Executive Chairman.
  • Founded in 1980, Pavonia is a Michigan domiciled life insurance company licensed to underwrite business in 49 states, the District of Columbia and Canada.

Fourth Annual Bermuda Tech Summit, Presented by BDA, Taking Place October 26-28, 2022

Retrieved on: 
Thursday, September 1, 2022

The fourth annual Bermuda Tech Summit , presented by the Bermuda Business Development Agency (BDA), in partnership with governments Economic Development Department (EDD) and industry association NEXT Bermuda, will be held at the Hamilton Princess & Beach Club from October 26-28.

Key Points: 
  • The fourth annual Bermuda Tech Summit , presented by the Bermuda Business Development Agency (BDA), in partnership with governments Economic Development Department (EDD) and industry association NEXT Bermuda, will be held at the Hamilton Princess & Beach Club from October 26-28.
  • David Hart, BDA CEO said, The BDA and our partners are incredibly excited to be organising the in-person Bermuda Tech Summit to showcase Bermudas dynamic tech sector, leadership, and innovation after two years of the conference being held virtually.
  • Tech entrepreneurs, investors and digital asset enthusiasts across the globe interested in participating in the continued growth and development of Bermudas burgeoning tech ecosystem are encouraged to register for the Bermuda Tech Summit now and book their hotel rooms soon to avoid disappointment.
  • Exceptional Bermuda Tech Summit speakers confirmed to date include Bermudas Premier and Minister of Finance, The Hon.

Bermuda’s International Business Advantages Highlighted in Hong Kong Webinar

Retrieved on: 
Wednesday, July 27, 2022

Bermudas Premier & Minister of Finance, The Hon E. David Burt, JP, MP, and Bermuda Business Development Agency (BDA) CEO David Hart underscored Bermudas key advantages as an international business domicile during a Commonwealth Chamber of Commerce of Hong Kong webinar.

Key Points: 
  • Bermudas Premier & Minister of Finance, The Hon E. David Burt, JP, MP, and Bermuda Business Development Agency (BDA) CEO David Hart underscored Bermudas key advantages as an international business domicile during a Commonwealth Chamber of Commerce of Hong Kong webinar.
  • Premier Burt highlighted Bermudas stability, security, and reputation for regulatory excellence via our integrated, independent financial services regulator, the Bermuda Monetary Authority.
  • This webinar will be followed up with a BDA mission to Singapore this fall, as part of our broader Asia strategy.
  • The webinar also featured Flora Wong, Corporate Partner at Conyers (Hong Kong), who emphasised the strength of Bermudas 400+ year legal system, usage of English common law and ease of doing business.

SC State to add Institute of Business, Environment, Communications and Transportation through Institutes of Innovation

Retrieved on: 
Thursday, July 21, 2022

ORANGEBURG, S.C., July 21, 2022 /PRNewswire/ -- South Carolina State University -- a public, historically Black university with around 2,500 students -- will launch its Institute of Business, Environment, Communications and Transportation (BECT) on Thursday, July 28, 2022.

Key Points: 
  • ORANGEBURG, S.C., July 21, 2022 /PRNewswire/ -- South Carolina State University -- a public, historically Black university with around 2,500 students -- will launch its Institute of Business, Environment, Communications and Transportation (BECT) on Thursday, July 28, 2022.
  • BECT will focus on preparing students for careers in business, environmental science, communications, and transportation and supply chain management.
  • Each institute was established with specific focuses and disciplines united to increase opportunities and exposure for their student bodies and the surrounding community.
  • SC State President Alexander Conyers issued thanks to Scott, Monhollon and Nelson for helping SC State develop the initiative.

Georgia United Foundation Announces 2022 School Crashers Recipients

Retrieved on: 
Friday, April 8, 2022

DULUTH, Ga., April 8, 2022 /PRNewswire-PRWeb/ -- The Georgia United Foundation, in partnership with Georgia United Credit Union, is excited to announce five grant recipients for the 2022 Georgia United Foundation School Crashers program. School Crashers is one of the foundation's largest community service programs that offers schools across the state an opportunity to apply for a school facility makeover. The program strengthens communities by supporting local school systems with the end goal of improving the learning environment for the students, faculty and staff.

Key Points: 
  • The Georgia United Foundation, in partnership with Georgia United Credit Union, is excited to announce five grant recipients for the 2022 Georgia United Foundation School Crashers program.
  • DULUTH, Ga., April 8, 2022 /PRNewswire-PRWeb/ -- The Georgia United Foundation, in partnership with Georgia United Credit Union, is excited to announce five grant recipients for the 2022 Georgia United Foundation School Crashers program.
  • "We are looking forward to serving our communities and strengthening our school systems through the ninth annual School Crashers program," shared Debbie Smith, president and CEO of Georgia United Credit Union.
  • To learn more about the School Crashers program and view photos of past School Crashers recipients, visit gucufoundation.org/schoolcrashers .

MariaDB Corporation Ab to Become a Publicly Traded Company via Combination with Angel Pond Holdings Corporation

Retrieved on: 
Tuesday, February 1, 2022

MariaDB Corporation Ab (MariaDB), one of the fastest growing and most popular open source database software companies in the world, announced today its intention to become a publicly listed company on the New York Stock Exchange (NYSE) in partnership with NYSE-listed Angel Pond Holdings Corporation (Angel Pond) (POND).

Key Points: 
  • MariaDB Corporation Ab (MariaDB), one of the fastest growing and most popular open source database software companies in the world, announced today its intention to become a publicly listed company on the New York Stock Exchange (NYSE) in partnership with NYSE-listed Angel Pond Holdings Corporation (Angel Pond) (POND).
  • Upon closing of the transaction, the combined company will be named MariaDB plc and led by MariaDBs CEO Michael Howard.
  • Michael Howard, CEO of MariaDB, said, MariaDB is the data backbone of services used by millions of people every day.
  • Neither MariaDB nor Angel Pond has independently verified the data obtained from these sources and cannot assure you of the datas accuracy or completeness.

Seagate Appoints Yolanda Lee Conyers to the Board of Directors

Retrieved on: 
Tuesday, January 25, 2022

Seagate Technology Holdings plc (NASDAQ: STX), a world leader in data storage and infrastructure solutions, today announced that Yolanda Lee Conyers has been appointed to the companys Board of Directors and to serve on the Compensation committee of the Board, effective January 24, 2022.

Key Points: 
  • Seagate Technology Holdings plc (NASDAQ: STX), a world leader in data storage and infrastructure solutions, today announced that Yolanda Lee Conyers has been appointed to the companys Board of Directors and to serve on the Compensation committee of the Board, effective January 24, 2022.
  • I am very pleased to welcome Yolanda to Seagate's Board of Directors, said Mike Cannon, Seagate's Board Chair.
  • Yolanda is a highly regarded global human resource leader with expertise in organizational and leadership development, cultural integration and building diverse talent pipelines.
  • Seagate, Seagate Technology, and the Spiral logo are registered trademarks of Seagate Technology LLC in the United States and/or other countries.

The Simply Good Foods Company Announces Exercise of Private Warrants by Conyers Park

Retrieved on: 
Monday, January 10, 2022

DENVER, Jan. 10, 2022 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ:SMPL) (Simply Good Foods or the Company), a developer, marketer and seller of branded nutritional foods and snacking products, today announced that Conyers Park Acquisition Corp. (Conyers Park), exercised their 6.7 million private placement warrantsthat were set to expire in July 2022 to acquire shares of the Companys common stock.

Key Points: 
  • DENVER, Jan. 10, 2022 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ:SMPL) (Simply Good Foods or the Company), a developer, marketer and seller of branded nutritional foods and snacking products, today announced that Conyers Park Acquisition Corp. (Conyers Park), exercised their 6.7 million private placement warrantsthat were set to expire in July 2022 to acquire shares of the Companys common stock.
  • In accordance with the Warrant Agreement, Conyers Park elected to exercise the warrants on a cashless basis.
  • Accordingly, by virtue of the cashless exercise of the private warrants, Conyers Parks net receipt of shares related to the transaction was 4,830,761 and resulted in an increase of their total shares beneficially owned from 8,936,017 to 13,766,778.
  • Simply Good Foods is poised to expand its wellness platform through innovation and organic growth along with acquisition opportunities in the nutritional snacking space.