Fair value

EQUUS ANNOUNCES THIRD QUARTER NET ASSET VALUE

Retrieved on: 
Tuesday, November 14, 2023

The following was the principal contributor to the increase in fair value of the Company’s portfolio holdings in the third quarter of 2023:

Key Points: 
  • The following was the principal contributor to the increase in fair value of the Company’s portfolio holdings in the third quarter of 2023:
    Increase in Fair Value of Morgan E&P.
  • During the third quarter of 2023, Morgan acquired an additional 1,150 net acres.
  • In addition, Morgan’s reserves increased significantly during the quarter, and the number of net drilling locations also increased.
  • The Company received advice and assistance from a third-party valuation firm to support its determination of the fair value of this investment.

Connect Biopharma Reports First Half 2022 Financial Results and Provides Business Update

Retrieved on: 
Tuesday, September 13, 2022

SAN DIEGO and TAICANG, China, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Connect Biopharma Holdings Limited (Nasdaq: CNTB) (Connect Biopharma or the Company), a global, clinical-stage biopharmaceutical company developing T cell-driven therapies to treat inflammatory diseases, today announced financial results for the six-month period ended June 30 and recent corporate highlights.

Key Points: 
  • ET
    SAN DIEGO and TAICANG, China, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Connect Biopharma Holdings Limited (Nasdaq: CNTB) (Connect Biopharma or the Company), a global, clinical-stage biopharmaceutical company developing T cell-driven therapies to treat inflammatory diseases, today announced financial results for the six-month period ended June 30 and recent corporate highlights.
  • Short-term and long-term investments are indicated as Investments: Financial Assets at Fair Value Through Other Comprehensive Income in the balance sheet.
  • Connect Biopharma cautions that statements included in this press release that are not a description of historical facts are forward-looking statements.
  • The inclusion of forward-looking statements should not be regarded as a representation by Connect Biopharma that any of its plans will be achieved.

Fix Price Group PLC: Notice of Extraordinary General Meeting - Amendments to Articles

Retrieved on: 
Friday, July 8, 2022

NOTICE IS HEREBY GIVEN that a meeting of the shareholders of Fix Price Group Plc (the Company) will be held at 155 Arch.

Key Points: 
  • NOTICE IS HEREBY GIVEN that a meeting of the shareholders of Fix Price Group Plc (the Company) will be held at 155 Arch.
  • In the case of a tied vote at any meeting of directors, the Chairman of the Board shall have a casting vote.
  • The Board shall form an Independent Committee if approval or an existence of an Independent Committee is required under these Articles.
  • Information regarding the Meeting, including a copy of this notice can be found at the Companys website: https://ir.fix-price.com/ .

Northway Financial, Inc. Announces First Quarter Earnings

Retrieved on: 
Friday, April 29, 2022

NORTH CONWAY, N.H., April 29, 2022 (GLOBE NEWSWIRE) -- Northway Financial, Inc. (the Company) (OTCQB: NWYF), the parent company of Northway Bank (the Bank), today reported a net loss for the quarter ended March 31, 2022 of $0.1MM, or $(0.05) per basic common share.

Key Points: 
  • NORTH CONWAY, N.H., April 29, 2022 (GLOBE NEWSWIRE) -- Northway Financial, Inc. (the Company) (OTCQB: NWYF), the parent company of Northway Bank (the Bank), today reported a net loss for the quarter ended March 31, 2022 of $0.1MM, or $(0.05) per basic common share.
  • President and CEO William J. Woodward commented: In the first quarter of 2022 we were able to continue the momentum of the prior year in terms of loan and deposit growth.
  • Loans grew $27 million or 3% and non municipal non-maturity deposits grew $31 million or 4% when compared to December 31, 2021.
  • Total assets were $1.2 billion, total loans, net, were $815 million, and total deposits were $1 billion at March 31, 2022.

Northway Financial, Inc. Announces 2021 Earnings and Declares Semi-Annual Dividend

Retrieved on: 
Friday, January 28, 2022

President and CEO William J. Woodward commented: I am pleased to report record earnings of $9.3 million in 2021.

Key Points: 
  • President and CEO William J. Woodward commented: I am pleased to report record earnings of $9.3 million in 2021.
  • This is all made possible by the hard work and dedication of the people of Northway Bank.
  • As we enter 2022 we are optimistic that we will be able to build on the great results of 2021.
  • Total assets were $1.2 billion, total loans, net, were $788 million, and total deposits were $1 billion at December 31, 2021.

Northway Financial, Inc. Announces Third Quarter Earnings

Retrieved on: 
Friday, October 29, 2021

NORTH CONWAY, N.H., Oct. 29, 2021 (GLOBE NEWSWIRE) -- Northway Financial, Inc. (the Company) (OTCQB: NWYF), the parent company of Northway Bank (the Bank), today reported net income for the quarter ended September 30, 2021 of $1.6 million, or $0.58 per basic common share.

Key Points: 
  • NORTH CONWAY, N.H., Oct. 29, 2021 (GLOBE NEWSWIRE) -- Northway Financial, Inc. (the Company) (OTCQB: NWYF), the parent company of Northway Bank (the Bank), today reported net income for the quarter ended September 30, 2021 of $1.6 million, or $0.58 per basic common share.
  • I am also proud to report the Bank achieved $1 billion in deposits for the first time in its history.
  • Total assets were $1.2 billion, total loans, net, were $813 million, and total deposits were $1.0 billion at September 30, 2021.
  • Nonperforming loans as a percentage of total loans stood at 0.27% at September 30, 2021 compared to 0.41% at September 30, 2020.

Quantitative Brokers Unveils "Two Algos In One" Options Strategy

Retrieved on: 
Wednesday, October 27, 2021

"Since the release of Striker last year, the QB team has conducted further quantitative research and development to detect and capture price improvement by leveraging the complex microstructure of the listed options market.

Key Points: 
  • "Since the release of Striker last year, the QB team has conducted further quantitative research and development to detect and capture price improvement by leveraging the complex microstructure of the listed options market.
  • QB's Striker offering currently supports Treasury and Eurodollar Interest Rate Options on Futures - with plans to expand to other asset classes soon.
  • The new algorithm further pushes the boundaries of what is possible with electronic execution by entering the options on futures markets.
  • Quantitative Brokers (QB) is a global financial technology company, provides advanced algorithms and data-driven pre- and post-trade analytics to clients in the Futures, Options and interest rate markets.

Verra Mobility Schedules First Quarter 2021 Earnings Call and Announces Response to SEC Guidance Relating to Warrants Issued by Special Purpose Acquisition Companies

Retrieved on: 
Friday, May 7, 2021

Following its review of the SEC Statement, the Company reevaluated the accounting treatment of its warrants as equity.

Key Points: 
  • Following its review of the SEC Statement, the Company reevaluated the accounting treatment of its warrants as equity.
  • It concluded that, based on the SEC Statement, the Company\'s private placement warrants should be, and should have been, classified as a liability measured at fair value, with non-cash fair value adjustments recorded in earnings at each reporting period.
  • They are based on currently available information about the outcome and timing of future events, certain of which are beyond the Company\'s control.
  • Any or all of these occurrences could cause actual results to differ from those in the forward-looking statements.\n'

OptionTrax Adds New IFRS 2 Enhancements to its Industry-Leading Financial Reporting Functionality

Retrieved on: 
Wednesday, April 14, 2021

The latest enhancements include tranche-level Black-Scholes fair value calculations, international risk-free rates, and even more granular financial reporting.\nElena Thomas, OptionTrax COO adds, "OptionTrax has calculated stock-based compensation for tranche-level valuations provided by clients for years, and our new IFRS 2 updates allow clients to value awards at a tranche-level directly within the OptionTrax platform.

Key Points: 
  • The latest enhancements include tranche-level Black-Scholes fair value calculations, international risk-free rates, and even more granular financial reporting.\nElena Thomas, OptionTrax COO adds, "OptionTrax has calculated stock-based compensation for tranche-level valuations provided by clients for years, and our new IFRS 2 updates allow clients to value awards at a tranche-level directly within the OptionTrax platform.
  • The audit-friendly and intuitive valuation and financial reporting that set OptionTrax apart now allows clients to generate one-step tranche-level assumptions and valuations.
  • Due to our expanding base of Cannabis industry clients, OptionTrax has seen tremendous growth in the Canadian market.
  • To better serve this rapidly growing Canadian client base, OptionTrax now offers automated Canadian Treasury and Bond Rate retrieval.

Itaú Unibanco Holding S.A. Announcement to the Market

Retrieved on: 
Tuesday, February 2, 2021

2,682/99.9

Key Points: 
  • 2,682/99.9
    (b) Under IFRS, stocks and quotas classified as permanent investments were measured at fair value and its gains and losses were recorded directly in Result.
  • Additionally, there was a change in the model of classification and measurement of financial assets due to the new categories introduced by IFRS 9.
  • (c) Under IFRS, the effect of accounting at fair value of the acquisition of interest in Porto Seguro Ita Unibanco Participaes S.A. was recognized.
  • For comparison purposes, we present on the table below the Result and Recurring Result in IFRS and BRGAAP.