Redemption | Jotup

Caesars Entertainment, Inc. Announces Full Redemption of 5.750% Senior Secured Notes Due 2025

Retrieved on:

Tuesday, February 6, 2024

Entertainment, Vacation, Lodging, Destinations, Travel, Tourist Attractions, Casino, Gaming, CRC, Caesars Entertainment, Senior, CZR, Redemption, Sale, National Association

Additionally, the Issuers have given notice of their intention to redeem all of the Issuers’ Notes outstanding on February 16, 2024 (the “Redemption Date”).

Key Points:

Additionally, the Issuers have given notice of their intention to redeem all of the Issuers’ Notes outstanding on February 16, 2024 (the “Redemption Date”).
The redemption is being made in accordance with the terms and conditions of the Notes and the indenture governing the Notes (the “Indenture”).
The redemption price per Note will be 100.183% of the principal amount of the Notes, plus accrued and unpaid interest up to, but excluding, the Redemption Date.
Copies of such Notice of Redemption and additional information relating to the procedure for redemption of the Notes may be obtained from the Company’s investor relations contacts provided below.

AIG to Redeem its Series A Preferred Stock, Represented by Depositary Shares

Retrieved on:

Wednesday, January 31, 2024

Insurance, Professional Services, Nature, CUSIP, International Marxist Group, Redemption, AIG, Series, American International Group, Security (finance)

American International Group, Inc. (NYSE: AIG) today announced that it will redeem all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock (CUSIP 026874 750 / ISIN US0268747500) (the “Series A Preferred Stock”) and all the corresponding Depositary Shares (CUSIP 026874 768 / ISIN US0268747682) (the “Depositary Shares”), each representing a 1/1,000th interest in a share of Series A Preferred Stock, on March 15, 2024 (the “Redemption Date”).

Key Points:

American International Group, Inc. (NYSE: AIG) today announced that it will redeem all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock (CUSIP 026874 750 / ISIN US0268747500) (the “Series A Preferred Stock”) and all the corresponding Depositary Shares (CUSIP 026874 768 / ISIN US0268747682) (the “Depositary Shares”), each representing a 1/1,000th interest in a share of Series A Preferred Stock, on March 15, 2024 (the “Redemption Date”).
As of January 31, 2024, 20,000 shares of Series A Preferred Stock and 20,000,000 Depositary Shares were outstanding.
This press release does not constitute a notice of redemption of the Series A Preferred Stock or the corresponding Depositary Shares.
Holders of the Depositary Shares should refer to the notice of redemption delivered to the registered holders of the Depositary Shares by Equiniti Trust Company, as Depositary, with respect to the Depositary Shares.

Nixon Peabody promotes 12 attorneys in 2024 counsel class

Retrieved on:

Wednesday, January 24, 2024

BOSTON, Jan. 24, 2024 /PRNewswire-PRWeb/ -- Nixon Peabody LLP is proud to announce the law firm's 2024 counsel class, promoting 12 attorneys from a wide variety of practice areas and representing each of the firm's three legal departments. The counsel promotions are effective as of February 1, 2024.

Key Points:

Nixon Peabody LLP is proud to announce the law firm's 2024 counsel class, promoting 12 attorneys from a wide variety of practice areas and representing each of the firm's three legal departments.
BOSTON, Jan. 24, 2024 /PRNewswire-PRWeb/ -- Nixon Peabody LLP is proud to announce the law firm's 2024 counsel class, promoting 12 attorneys from a wide variety of practice areas and representing each of the firm's three legal departments.
-Stacie B. Collier, Nixon Peabody Chief Talent Officer
"Our new counsel class includes a broad range of backgrounds and perspectives, and the attorneys in this group have blazed their own trails within the firm," said Stacie B. Collier, Nixon Peabody Chief Talent Officer.
Illustrative of how integral the firm's counsel program has become to attorney development, 12 of the 14 attorneys in Nixon Peabody's 2024 partner class are being elevated from counsel.

Nubia Brand International Corp. Announces Stockholder Approval of Business Combination with Honeycomb Battery Company

Retrieved on:

Thursday, December 14, 2023

Tax, Business analyst, Redemption, Proxy, Security (finance)

Dallas, Texas, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Nubia Brand International Corp. (the “Company” or “Nubia”) , announced today that at a special meeting of stockholders held on December 14, 2023 (the “Meeting”), its stockholders voted to approve its proposed business combination (the “Business Combination”) with Honeycomb Battery Company (“Honeycomb”).

Key Points:

Dallas, Texas, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Nubia Brand International Corp. (the “Company” or “Nubia”) , announced today that at a special meeting of stockholders held on December 14, 2023 (the “Meeting”), its stockholders voted to approve its proposed business combination (the “Business Combination”) with Honeycomb Battery Company (“Honeycomb”).
There were 6,360,235 Nubia Shares present at the Meeting in person or represented by proxy, with 70.4% voting to approve the Business Combination.
If all of the redemption requests received by Nubia as of the Redemption Deadline are satisfied by Nubia, 23,586 public shares of Nubia would be outstanding.
There can be no assurance that the Business Combination will be consummated within the time period required by Nubia’s governing documents.

Nubia Brand International Corp. Announces Requests to Redeem Public Shares

Retrieved on:

Wednesday, December 13, 2023

Telephone, Tax, Acquisition, Proxy, Internet, Accounting, Special, Trust, Redemption, Holding company

Dallas, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Nubia Brand International Corp. (NASDAQ: NUBI) (“Nubia”), a publicly traded special purpose acquisition company, today announced that, as of 5:00 pm Eastern Time on December 12, 2023 (the “Redemption Deadline”), Nubia has received requests to redeem a total of 3,896,031 Nubia public shares, representing 99.4% of the total public shares of Nubia outstanding prior to the Redemption Deadline.

Key Points:

Dallas, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Nubia Brand International Corp. (NASDAQ: NUBI) (“Nubia”), a publicly traded special purpose acquisition company, today announced that, as of 5:00 pm Eastern Time on December 12, 2023 (the “Redemption Deadline”), Nubia has received requests to redeem a total of 3,896,031 Nubia public shares, representing 99.4% of the total public shares of Nubia outstanding prior to the Redemption Deadline.
If all of the redemption requests received by Nubia as of the Redemption Deadline are satisfied by Nubia, 23,586 public shares of Nubia would be outstanding.
Nubia stockholders whose shares are held of record by a broker, bank, or other nominee should contact their broker, bank, or nominee to ensure that their shares are voted.
Your vote “FOR” all proposals is important, no matter how many or how few shares you own.

Thunder Bridge Capital Partners III, Inc. Announces its Intention to Liquidate

Retrieved on:

Thursday, December 7, 2023

Transfer, Tax, Partner, Business analyst, Liquidation, Acquisition, Finance Secretary (India), Accounting, Trust, Redemption, IPO, Commission, Dissolution, Security (finance)

There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

Key Points:

There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
All other costs and expenses associated with implementing the Dissolution will be funded from proceeds held outside of the Trust Account.
Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the Redemption Amount.
The Redemption Amount is expected to be paid out within ten business days of December 11, 2023.

A Story Of Perseverance, Faith, and Triumph Over Circumstances: How Iran Amandah Went From A 45-Year Prison Sentence To Wall Street’s Spotlight

Retrieved on:

Tuesday, December 5, 2023

Dark, Grammatical mood, Social media, Second, Darkness, Book, Survival, Knowledge, Amazon (company), Redemption

For Iran D. Amandah, the gripping journey from hopelessness to unparalleled success came amid the harsh realities of prison life.

Key Points:

For Iran D. Amandah, the gripping journey from hopelessness to unparalleled success came amid the harsh realities of prison life.
Dark.
It’s a story about a man who, against all odds, chose to bring change not just for himself but for an entire community.
Iran discovered and pursued an unquenchable thirst for knowledge and relentlessly sculpted a vision for his future.

FinServ Acquisition Corp. II Announces its Intention to Liquidate

Retrieved on:

Tuesday, November 28, 2023

Tax, Public, Business analyst, Liquidation, Acquisition, Finance Secretary (India), Accounting, Trust, Redemption, IPO, Commission, Dissolution, Security (finance)

New York, New York, Nov. 28, 2023 (GLOBE NEWSWIRE) -- FinServ Acquisition Corp. II (“FinServ II”) (Nasdaq: FSRX) announced today that the board of directors of FinServ II (the “Board”) determined FinServ II cannot complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”) by February 22, 2024, the deadline by which FinServ II has to consummate such Business Combination under its Amended and Restated Certificate of Incorporation.

Key Points:

New York, New York, Nov. 28, 2023 (GLOBE NEWSWIRE) -- FinServ Acquisition Corp. II (“FinServ II”) (Nasdaq: FSRX) announced today that the board of directors of FinServ II (the “Board”) determined FinServ II cannot complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”) by February 22, 2024, the deadline by which FinServ II has to consummate such Business Combination under its Amended and Restated Certificate of Incorporation.
There will be no redemption rights or liquidating distributions with respect to FinServ II’s warrants, which will expire worthless.
FinServ Holdings II, LLC, FinServ II’s sponsor, has agreed to waive its redemption rights with respect to the shares of FinServ II’s Class B common stock issued prior to the IPO, including shares of FinServ II’s Class A common stock issued upon conversion of such Class B common stock.
FinServ II thereafter intends to file a Form 15 with the Commission to suspend its reporting obligations under Sections 13 and 15(d) of the Exchange Act.

CORRECTION – Fat Projects Acquisition Corp Announces Temporary Trading Halt to Publicly Held Class A Ordinary Shares

Retrieved on:

Wednesday, November 22, 2023

Acquisition, Public, Redemption, Finance Secretary (India)

SINGAPORE, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP” or the “Company”), a special purpose acquisition company, announced that its press release dated November 17, 2023 incorrectly stated that, “As of the close of business on November 15, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.” The Company’s publicly held Class A ordinary shares (the “Public Shares”) have not been cancelled, however the Nasdaq Stock Market has placed a trading halt on the Public shares.

Key Points:

SINGAPORE, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP” or the “Company”), a special purpose acquisition company, announced that its press release dated November 17, 2023 incorrectly stated that, “As of the close of business on November 15, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.” The Company’s publicly held Class A ordinary shares (the “Public Shares”) have not been cancelled, however the Nasdaq Stock Market has placed a trading halt on the Public shares.
The trading halt will remain in place until the Company sets a redemption date for the Public Shares, at which point trading of the Public Shares will resume until the redemption date occurs.

Marti Announces Expiration and Results of the Offer to Purchase and Consent Solicitation Relating to its Warrants and Issues Notice of Redemption with Respect to its Outstanding Warrants

Retrieved on:

Wednesday, December 20, 2023

The successfully completed tender process, when combined with the contemplated redemption of untendered warrants, will lead to a simplified capital structure with no warrants.

Key Points:

The successfully completed tender process, when combined with the contemplated redemption of untendered warrants, will lead to a simplified capital structure with no warrants.
As of the Expiration Date, parties representing approximately 82% of the outstanding Public Warrants and 100% of the outstanding Private Warrants consented to the Warrant Amendment in the Consent Solicitation.
Morrow Sodali Global LLC (“Morrow Sodali”) was the information agent for the Offer and Consent Solicitation, and Continental was the depositary for the Offer and Consent Solicitation.
The Offer and Consent Solicitation are being made only through the Offer documents, and the complete terms and conditions of the Offer and Consent Solicitation are set forth in the Offer documents.