Reverse takeover

SYQH Rename Announcement

Retrieved on: 
Monday, November 23, 2020
Qinghe, Reverse takeover

NEW YORK, Nov. 23, 2020 (GLOBE NEWSWIRE) -- On September 22, 2020, SYQH acquired EVGI through reverse merger and acquisition.

Key Points: 
  • NEW YORK, Nov. 23, 2020 (GLOBE NEWSWIRE) -- On September 22, 2020, SYQH acquired EVGI through reverse merger and acquisition.
  • Upon approval by government documents, Liaoning Shuiyun Qinghe Rice Industry Co. LTD has been renamed as a new company.
  • The securities code of EVGI will be soon changed to SYQH, the government approval document NUMBER is as follows: SR20208045885, FILE NUMBER:900024.
  • The above documents have been submitted to the relevant review department for procedural approval, which is expected to take 25 working days.

SHAREHOLDER ALERT: WeissLaw LLP Reminds EMIS, TGC, and IPV Shareholders About Its Ongoing Investigations

Retrieved on: 
Friday, November 20, 2020
Financial markets, Finance, Financial economics, Corporate finance, Equity securities, Encodings, Stock market, Ticker symbol, Common stock, New York Stock Exchange, Reverse takeover

Under the terms of the agreement,EMIS stockholders are expected to receive approximately$7.82for each share of EMIS common stock that they hold.

Key Points: 
  • Under the terms of the agreement,EMIS stockholders are expected to receive approximately$7.82for each share of EMIS common stock that they hold.
  • Novo also entered into an agreement to acquire related royalty stream obligations owed to affiliates ofMHR Fund Management LLC("MHR") for$450 million.
  • Under the terms of the agreement,IPV will acquire Aeva through a reverse merger, with Aeva continuing as a publicly-traded company listed on the NYSE under the ticker symbol "AEVA."
  • Aeva's existing stockholders will hold approximately 80% of the common stock of the newly-combined company.

SHAREHOLDER ALERT: WeissLaw LLP Reminds PE, GHIV, CCX, and ACAM Shareholders About Its Ongoing Investigations

Retrieved on: 
Thursday, November 19, 2020
Mergers and acquisitions, Corporations, Corporate finance, Reverse takeover, Skillsoft, ACAM, Economy, Articles

Under the terms of the agreement, GHIV will acquire United Wholesale through a reverse merger that will result in United Wholesale becoming a publicly-listed company.

Key Points: 
  • Under the terms of the agreement, GHIV will acquire United Wholesale through a reverse merger that will result in United Wholesale becoming a publicly-listed company.
  • Under the terms of the agreement, CCX will acquire Skillsoft through a reverse merger that will result in Skillsoft becoming a publicly-traded company.
  • Under the terms of the agreement, ACAM will acquire CarLotz through a reverse merger that will result in CarLotz becoming a public company.
  • If you own ACAM shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/acam/
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Northern Star Acquisition Corp. Announces Closing of $250,000,000 Initial Public Offering

Retrieved on: 
Friday, November 13, 2020
Banking, Professional services, Finance, Finance, Financial markets, Corporate finance, Private equity, Special-purpose acquisition company, Money, Initial public offering, Acquisition, Underwriting, Stock market, Reverse takeover

Northern Star Acquisition Corp. (the Company) announced today that it closed its initial public offering of 25,000,000 units at $10.00 per unit.

Key Points: 
  • Northern Star Acquisition Corp. (the Company) announced today that it closed its initial public offering of 25,000,000 units at $10.00 per unit.
  • Northern Star Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.
  • The Company has granted the underwriter a 45-day option to purchase up to an additional 3,750,000 units at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the anticipated use of net proceeds.

SHAREHOLDER ALERT: WeissLaw LLP Reminds DMYD, XLNX, HLIX, and LOAC Shareholders About Its Ongoing Investigations

Retrieved on: 
Saturday, November 7, 2020
American depositary receipt, Reverse takeover, Fiduciary, Economy

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of dMY Technology Group, Inc. II (NYSE: DMYD)in connection with the company's proposed merger with Genius Sports Group Limited ("GSG").

Key Points: 
  • WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of dMY Technology Group, Inc. II (NYSE: DMYD)in connection with the company's proposed merger with Genius Sports Group Limited ("GSG").
  • Under the terms of the agreement, DMYD will acquire GSG through a reverse merger that will result in GSG becoming a public company.
  • Under the terms of the agreement, HLIX stockholders will receive 0.02731 shares of a newly formed company, Forian Inc.
  • Under the terms of the agreement, LOAC will acquire 4D through a reverse merger, and 4D will launch new American Depositary Share ("ADS").

WeissLaw LLP Reminds WTRE, CCX, BMRG and HYACU Shareholders About Its Ongoing Investigations

Retrieved on: 
Saturday, November 7, 2020
Articles, Reverse takeover, Companies, Corporations, Skillsoft, Mergers and acquisitions, Public company

Under the terms of the agreement, WTRE's shareholders will receive $31.10 in cash for each share of WTRE common stock that they own.

Key Points: 
  • Under the terms of the agreement, WTRE's shareholders will receive $31.10 in cash for each share of WTRE common stock that they own.
  • Under the terms of the agreement, CCX will acquire Skillsoft through a reverse merger that will result in Skillsoft becoming a publicly-traded company.
  • Under the terms of the merger agreement, BMRG will acquire Eos through a reverse merger that will result in Eos becoming a publicly traded company.
  • Under the terms of the merger agreement, HYACU will acquire Arko through a reverse merger that will result in Arko becoming a publicly-traded company.

Bull Horn Holdings Corp. Completes $75 Million Initial Public Offering

Retrieved on: 
Tuesday, November 3, 2020
Banking, Professional services, Finance, Finance, Financial markets, Corporate finance, Money, Stock market, Private equity, Special-purpose acquisition company, Security, Initial public offering, Reverse takeover

Bull Horn Holdings Corp. (the Company) today announced the closing of its initial public offering of 7,500,000 units.

Key Points: 
  • Bull Horn Holdings Corp. (the Company) today announced the closing of its initial public offering of 7,500,000 units.
  • Bull Horn Holdings Corp. is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
  • Imperial Capital, LLC and I-Bankers Securities, Inc. acted as joint-book running managers and Northland Securities, Inc. is serving as co-manager of the offering.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 1,125,000 units at the initial public offering price to cover over-allotments, if any.

WeissLaw LLP Reminds BMRG, PIC, and HYACU Shareholders About Its Ongoing Investigations

Retrieved on: 
Saturday, October 31, 2020
Corporations, Mergers and acquisitions, Pro forma, Reverse takeover, Economy, Finance

The proposed transaction has a pro forma enterprise value of approximately $550 million.

Key Points: 
  • The proposed transaction has a pro forma enterprise value of approximately $550 million.
  • Under the terms of the merger agreement, PIC will acquire XL Fleet through a reverse merger that will result in XL Fleet becoming a publicly-traded company.
  • The transaction implies an enterprise value of $1 billion for XL Fleet on a pro forma basis.
  • Under the terms of the merger agreement, HYACU will acquire Arko through a reverse merger that will result in Arko becoming a publicly-traded company.

White Paper Examines COVID-19

Retrieved on: 
Friday, October 23, 2020
Reverse takeover, Articles, Health, COVID-19 pandemic, Infectious diseases

Certain questions have become prevalent in industry news stories due to the ongoing nature of the COVID-19 outbreak.

Key Points: 
  • Certain questions have become prevalent in industry news stories due to the ongoing nature of the COVID-19 outbreak.
  • Financial forecasting models must now take into consideration the impact that an outbreak will have on any publicly traded company.
  • A recent white paper entitled COVID-19 Disclosures: Not Just Speculation Anymore can be viewed in its entirety HERE .
  • ALG has represented in excess of 200 companies in reverse merger, initial public offering and direct public offering transactions.

COVID-19 Disclosures; Not Just Speculation Anymore

Retrieved on: 
Wednesday, October 21, 2020
Corporate finance, Mergers and acquisitions, Human resource management, Perquisite, Reverse takeover, Economy, Articles, Business

There has recently been a CD&I issued on COVID-19 executive employment benefits, and numerous unofficial statements on this topic.

Key Points: 
  • There has recently been a CD&I issued on COVID-19 executive employment benefits, and numerous unofficial statements on this topic.
  • An item is not a perquisite or personal benefit if it is integrally and directly related to the performance of the executive's duties.
  • Whether an item is "integrally and directly related to the performance of the executive's duties" depends on the particular facts.
  • ALG has represented in excess of 200 companies in reverse merger, initial public offering and direct public offering transactions.