Hand

ContextLogic Encourages Stockholders to Vote at the Upcoming Special Meeting

Retrieved on: 
Tuesday, April 9, 2024
Institutional Shareholder Services, Telephone, SAN, Wish (company), Egan-Jones Ratings Company, Special, Hand, Holding company

SAN FRANCISCO, April 09, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminded stockholders to vote at the upcoming special meeting of stockholders (the “Special Meeting”) on Friday, April 12, 2024, at 10:00 a.m. Pacific Time. The ContextLogic Board of Directors (the “Board”) recommends that stockholders vote “FOR” the proposed Asset Sale transaction with Qoo10 Pte. Ltd. (“Qoo10”).

Key Points: 
  • Electronic Voting Deadline is 11:59 P.M. Eastern Time on Thursday, April 11, 2024
    SAN FRANCISCO, April 09, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminded stockholders to vote at the upcoming special meeting of stockholders (the “Special Meeting”) on Friday, April 12, 2024, at 10:00 a.m. Pacific Time.
  • The ContextLogic Board of Directors (the “Board”) recommends that stockholders vote “FOR” the proposed Asset Sale transaction with Qoo10 Pte.
  • Therefore, with the Special Meeting fast approaching, it is extremely important that stockholders vote as soon as possible, no matter how many shares they own.
  • To ensure your shares are represented at the Special Meeting, ContextLogic stockholders are urged to vote online or by telephone by following the easy instructions on the previously provided proxy card.

Townsquare Announces Purchase of Management Options That Were Expiring Shortly, Thereby Avoiding Shareholder Dilution

Retrieved on: 
Monday, April 8, 2024
MSG, Share repurchase, Research, Oaktree Capital Management, Hand, IPO, Security (finance)

PURCHASE, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE: TSQ) (the “Company” or “Townsquare”) announced that that it bought and retired 3.0 million options held by certain members of the management team and board of directors for a net purchase price of $3.62 per option.

Key Points: 
  • PURCHASE, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE: TSQ) (the “Company” or “Townsquare”) announced that that it bought and retired 3.0 million options held by certain members of the management team and board of directors for a net purchase price of $3.62 per option.
  • The purchase price reflects the spread between the closing price on April 3, 2024 of $12.36 and the option strike price of $8.74.
  • The options, all of which were set to expire in July 2024, were granted to members of management and the board at the Company’s initial public offering in July 2014 (the “IPO options”).
  • Like last week’s 1.5 million share repurchase from MSG, the purchase price of $10.8 million will be funded entirely with cash on hand.

Bombardier Announces Closing of its New Issuance of Senior Notes due 2031

Retrieved on: 
Thursday, April 4, 2024
Bombardier Inc., Sale, Regulation, Senior, Prospectus, Note, Debt-to-GDP ratio, Bombardier, Hand, Person

MONTRÉAL, April 04, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has successfully closed its previously announced offering of US$750 million aggregate principal amount of Senior Notes due 2031 (the “New Notes”).

Key Points: 
  • MONTRÉAL, April 04, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has successfully closed its previously announced offering of US$750 million aggregate principal amount of Senior Notes due 2031 (the “New Notes”).
  • The New Notes carry a coupon of 7.250% per annum, mature on July 1, 2031 and were sold at 99.75% of par.
  • The New Notes mentioned herein were offered and sold in the United States only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act and outside the United States in reliance on Regulation S under the U.S. Securities Act.
  • The New Notes were offered and sold in Canada on a private placement basis only to “accredited investors” pursuant to certain prospectus exemptions.

Nayax Completes Acquisition of Roseman, a Leading Global Fuel, EV Fleet and Management Solution Provider

Retrieved on: 
Thursday, April 4, 2024
EV, POS, Growth, Roseman, Acquisition, Point of sale, ILS, Software, AVI, EMV, Hand, Sales

HERZLIYA, Israel, April 04, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a leading global commerce enablement, payments, and loyalty platform designed to help merchants scale their business, today announced the acquisition of Roseman Engineering Company Ltd. and Roseman Holdings Ltd. ("Roseman"), a leading global fuel and electric vehicle (EV) management solution provider.

Key Points: 
  • HERZLIYA, Israel, April 04, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a leading global commerce enablement, payments, and loyalty platform designed to help merchants scale their business, today announced the acquisition of Roseman Engineering Company Ltd. and Roseman Holdings Ltd. ("Roseman"), a leading global fuel and electric vehicle (EV) management solution provider.
  • The acquisition and Roseman’s technology strengthen Nayax’s existing offerings in the energy sector, which includes Point of Sale (POS) devices and software that is utilized by EV charging station operators worldwide.
  • The addition of Roseman’s expertise and technology provides Nayax’s customers with a comprehensive solution that addresses fleet management, cloud management, and AVI (Automatic Vehicle Identification) applications.
  • "Aligning with Nayax opens up significant opportunities for Roseman to enhance and expand its product and solution offerings.

Riot Announces March 2024 Production and Operations Updates

Retrieved on: 
Thursday, April 4, 2024
Immersion, Corsicana, Texas, Miner, Hand, Mining, Cryptocurrency

“March was a key month for Riot as we approach the commencement of operations at our new Corsicana Facility,” said Jason Les, CEO of Riot.

Key Points: 
  • “March was a key month for Riot as we approach the commencement of operations at our new Corsicana Facility,” said Jason Les, CEO of Riot.
  • Riot anticipates achieving a total self-mining hash rate capacity of 31 EH/s by the end of 2024.
  • In February 2024, Riot entered into a third order with MicroBT, for 31,500 air-cooled miners for the Rockdale Facility.
  • Deployment of the miners intended for the Rockdale Facility is expected to begin in Q2 2024 and be completed in Q3 2024.

Mayfair Gold Sets the Record Straight and Corrects Muddy Waters’ Misleading and Inaccurate Statements

Retrieved on: 
Thursday, April 4, 2024
Chair, Muddy Waters, Letter, Trust, Research, MFG, Compensated emancipation, Hand, Legislation, Management

The Company also wishes to set the record straight and correct misleading and inaccurate statements made by Muddy Waters in the Letter.

Key Points: 
  • The Company also wishes to set the record straight and correct misleading and inaccurate statements made by Muddy Waters in the Letter.
  • Contrary to Muddy Waters’ assertion that it hoped to resolve issues with the Company quickly, it has consistently refused to engage in a constructive dialogue with Mayfair.
  • The Letter also makes a number of unsubstantiated statements about compensation for directors and management which require clarification and context.
  • No shareholder other than Muddy Waters has expressed any concerns to the Board or management regarding the Company’s compensation practices.

Cheers to National Beer Day with Dickey’s Legit. Texas. Lager.

Retrieved on: 
Wednesday, April 3, 2024
National Beer Day, Beer, Hand, Legit

Dallas, TX, April 03, 2024 (GLOBE NEWSWIRE) -- The Dickey Foundation, along with Dickey’s Barbecue Pit, invites guests to celebrate National Beer Day with their brand new beer, the Legit.

Key Points: 
  • Dallas, TX, April 03, 2024 (GLOBE NEWSWIRE) -- The Dickey Foundation, along with Dickey’s Barbecue Pit, invites guests to celebrate National Beer Day with their brand new beer, the Legit.
  • Texas.
  • It’s National Beer Day this weekend, and the perfect occasion for barbecue and beer enthusiasts to fire up the grill and enjoy Panther Island Brewing’s new collaboration with the historic Texas barbecue brand.
  • Texas.

Sportsman's Warehouse Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, April 3, 2024
Shooting, Merchandising, Regulation S-K, Clothing, Regulation, Public expenditure, Security (finance), Overalls, Adjustment, Investment, Depreciation, GAAP, Income tax, Marketing, Footwear, Hand

Same store sales decreased 12.8% on a 13-week comparable basis, compared with the prior year fourth quarter.

Key Points: 
  • Same store sales decreased 12.8% on a 13-week comparable basis, compared with the prior year fourth quarter.
  • Net loss was $(8.7) million, compared to net income of $11.0 million in the fourth quarter of fiscal year 2022.
  • Adjusted net loss was $(7.5) million compared to adjusted net income of $12.7 million in the fourth quarter of fiscal year 2022 (see “GAAP and Non-GAAP Measures”).
  • Same store sales decreased 14.4% during fiscal year 2023 compared to fiscal year 2022, excluding the extra week of sales in fiscal 2023.

Casa Systems Initiates Court-Supervised Chapter 11 Sale Process for Businesses

Retrieved on: 
Wednesday, April 3, 2024
Cloud, CASA, Sale, Bankruptcy Code, United States bankruptcy court, Bankruptcy, Investment, Sidley Austin, Hand, RAN

To facilitate these sales, the Company filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

Key Points: 
  • To facilitate these sales, the Company filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.
  • The Company remains committed to the success of its customers and partners and intends to continue supporting them throughout this process.
  • Casa’s international subsidiaries are not debtors in the Chapter 11 filing; however, certain of their businesses and related assets are included in the two asset sale transactions.
  • The Company’s NetComm business, which commenced voluntary administration proceedings under Australian law on March 11, 2024, is not included in the U.S. Chapter 11 process.

SuRo Capital Corp. Announces Expiration and Final Results of Tender Offer

Retrieved on: 
Wednesday, April 3, 2024
Letter, Security (finance), Tender offer, Eastern Time Zone, SSSS, Hand, Cryptocurrency

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- SuRo Capital Corp. (“SuRo Capital” or the “Company”) (Nasdaq: SSSS ) today announced its final results from its modified “Dutch Auction” tender offer (the “Tender Offer”).

Key Points: 
  • NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- SuRo Capital Corp. (“SuRo Capital” or the “Company”) (Nasdaq: SSSS ) today announced its final results from its modified “Dutch Auction” tender offer (the “Tender Offer”).
  • The Company’s Tender Offer expired at 5:00 P.M., Eastern Time, on April 1, 2024.
  • The Company, in conjunction with Equiniti Trust Company, LLC, has determined the final proration factor for the tender offer is approximately 69.3%.
  • The Company is funding the repurchase of shares in the Tender Offer using a portion of its cash on hand.