Additional insured

Thor Equities’ Industrial Platform Keeps Up Momentum with Four New Leases in Florida

Retrieved on: 
Friday, September 8, 2023
Additional insured, Tenant, Property management, Tampa Bay

Located in Tampa’s highly sought-after industrial submarkets, the Westshore-Airport and Eastside Tampa submarkets, Thor’s portfolio exceeds 402,000 square feet across thirteen-assets.

Key Points: 
  • Located in Tampa’s highly sought-after industrial submarkets, the Westshore-Airport and Eastside Tampa submarkets, Thor’s portfolio exceeds 402,000 square feet across thirteen-assets.
  • Paquip specializes in liquid packaging solutions while Cox Building Services specializes in general contracting and construction management.
  • City Electric Supply is an electrical wholesale business while Home Pride Cabinets is known for their quality craftsmanship in cabinetry.
  • “Leasing momentum remains strong in the industrial sector, and we are pleased to welcome a variety of prosperous businesses to our strong tenant roster,’’ said Chairman of Thor Equities Group, Joe Sitt.

The EBA updates on the monitoring of Additional Tier 1, Tier 2 and TLAC/MREL eligible liabilities instruments of European Union institutions

Retrieved on: 
Friday, July 21, 2023
European Banking Authority, Additional insured, Commission, Tier 2, Article, EBA, CRR, Report, Documentation, European, Reading, AT1, RAC, Union, Medical device, EU

21 July 2023

Key Points: 
  • 21 July 2023
    The European Banking Authority (EBA) published today an updated Report on the monitoring of Additional Tier 1 (AT1), Tier 2 and total loss absorbing capacity (TLAC) and minimum requirement for own funds and eligible liabilities (MREL) instruments of European Union (EU) institutions.
  • By merging the contents of these two reports, the EBA aims to facilitate the reading and to highlight the commonalities in terms of eligibility criteria between own funds and eligible liabilities instruments.
  • Going forward, the EBA will continue to monitor the quality of the AT1, Tier 2 and TLAC/MREL instruments and stand ready to provide additional guidance where necessary.
  • The EBA has previously published two separate reports on AT1 monitoring in June 2021 and on the monitoring of TLAC/MREL eligible liabilities instruments in October 2022.

Roth CH Acquisition IV Co. and Tigo Energy Complete Business Combination

Retrieved on: 
Tuesday, May 23, 2023
Technology, Utilities, Alternative Energy, Energy, Software, Hardware, LLP, Additional insured, Loeb, White & Case, Business analyst, The Company, Acquisition, CH, DLA Piper, Safety, Coal, Millicom

Roth CH Acquisition IV Co. (Nasdaq: ROCG) (“Roth CH IV” or “ROCG”), a publicly-traded special purpose acquisition company, today announced the completion of its business combination (the “Business Combination”) with Tigo Energy, Inc. ("Tigo", or the "Company"), a leading provider of intelligent solar and energy storage solutions.

Key Points: 
  • Roth CH Acquisition IV Co. (Nasdaq: ROCG) (“Roth CH IV” or “ROCG”), a publicly-traded special purpose acquisition company, today announced the completion of its business combination (the “Business Combination”) with Tigo Energy, Inc. ("Tigo", or the "Company"), a leading provider of intelligent solar and energy storage solutions.
  • The Business Combination was approved by ROCG shareholders in a special meeting held on May 18, 2023, and formally closed today.
  • Commencing at the open of trading on May 24, 2023, Tigo’s common stock will trade on Nasdaq under the ticker symbol “TYGO.”
    “Completing our business combination with Roth CH IV is an extraordinary milestone for our company, our employees, and our stockholders,” said Tigo CEO Zvi Alon.
  • White & Case LLP acted as legal advisor to Tigo and both DLA Piper LLP and Loeb & Loeb LLP acted as legal advisors to Roth CH IV.

HYZON MOTORS RECEIVES ADDITIONAL STAFF DETERMINATION FROM NASDAQ REGARDING Q1 2023 FORM 10-Q

Retrieved on: 
Tuesday, May 23, 2023
Additional insured, Late, WalletHub, Bank statement, Form 10-Q, Hyzon Motors, Sumathi Best Television Current Reporting Award, KPMG LLP, Staff, KPMG, Listing Rules

Hyzon has been requested by the Staff to present its views with respect to this additional deficiency to the Nasdaq Hearings Panel in writing no later than May 24, 2023.

Key Points: 
  • Hyzon has been requested by the Staff to present its views with respect to this additional deficiency to the Nasdaq Hearings Panel in writing no later than May 24, 2023.
  • In view of the Hearings Panel's decision granting the Company's request for extension to file the Q1 2023 Form 10-Q by June 7, 2023, the Company intends to respond to the Second Additional Staff Determination by May 24, 2023 to present the Company's views with respect to this additional deficiency.
  • On May 10, 2023, the Hearings Panel granted the Company's requested extensions, providing the Company until May 31, 2023 to file the 2022 Form 10-K, and until June 7, 2023 to file the Q1 2023 Form 10-Q.
  • Hyzon is working diligently to file its 2022 Form 10-K and Q1 2023 Form 10-Q as soon as practicable.

BRP Group and Nasdaq’s Second Annual Directors and Officers (D&O) Benchmarking Report Reveals Significant Decrease in Rates Year over Year

Retrieved on: 
Wednesday, April 19, 2023
Insurance, Professional Services, BRP, Global Industry Classification Standard, IPO, Additional insured, Senior, D&O, Certification Commission for Healthcare Information Technology, Health care, Policy, Commander, U.S. Pacific Fleet, National Management Association, Initial public offering, Environment, Health insurance, D

More than 350 public companies participated in this year’s survey, conducted in collaboration with Nasdaq, Inc. (“Nasdaq”).

Key Points: 
  • More than 350 public companies participated in this year’s survey, conducted in collaboration with Nasdaq, Inc. (“Nasdaq”).
  • In fact, the Nasdaq-listed public companies that were surveyed, on average, saw their primary D&O insurance layer decrease by 20 percent in 2022.
  • One finding of note was that even in this environment of rate decreases, companies are opting for lower coverage amounts.
  • For a copy of the executive summary and information about obtaining the full report, please click here .

ACC, In Collaboration with Deloitte, Release 2023 Legal Entity Management Report

Retrieved on: 
Thursday, March 30, 2023
ACC, Additional insured, LEM, Pulse, Organization, Delinquent, Risk, Association of Corporate Counsel, Microsoft Excel, Corporate lawyer, Audit, Cryptocurrency, Health care

“The lack of robust subsidiary governance programs and procedures is causing some significant disruptions to businesses operating efficiently,” said Blake Garcia, Ph.D., ACC’s senior director of business intelligence.

Key Points: 
  • “The lack of robust subsidiary governance programs and procedures is causing some significant disruptions to businesses operating efficiently,” said Blake Garcia, Ph.D., ACC’s senior director of business intelligence.
  • We hope this unique survey provides value to ACC’s members and others regarding legal entity management and appreciate Deloitte’s collaboration in making it happen.”
    “The survey results highlight the increasing number of pain points many organizations are facing with respect to their entity management,” said Michael Rossen, managing director, legal business services, Deloitte Tax LLP.
  • Whether to address competing priorities, lack of resources or bandwidth, insufficient use of technology, or outdated processes – organizations are turning to customized solutions, inclusive of outsourcing, to bring about greater efficiencies with their entity management practices.
  • Deloitte Tax LLP does not practice law or provide legal advice.

AERWINS Technologies Inc. and PONO Capital Corp. Complete Business Combination

Retrieved on: 
Friday, February 3, 2023
Benchmark, Centralisation, Additional insured, Life, PLLC, Acquisition, EF Hutton, Person, Nelson Mullins Riley & Scarborough, Management

HONOLULU and TOKYO, Feb. 03, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (“AERWINS” or the “Company”), the developer and manufacturer of air mobility platform, C.O.S.M.O.S.

Key Points: 
  • HONOLULU and TOKYO, Feb. 03, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (“AERWINS” or the “Company”), the developer and manufacturer of air mobility platform, C.O.S.M.O.S.
  • (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, has announced today that it has closed on the business combination with Pono Capital Corp., a special purpose acquisition company (“Pono Capital”), pursuant to the closing of the merger agreement between the parties.
  • The Company closed the merger agreement with Pono Capital, Pono Merger Sub, Inc., a wholly owned subsidiary of Pono Capital, and AERWINS, Inc., a Japanese company previously named AERWINS Technologies, Inc. At the closing of the merger, Pono Merger Sub, Inc. merged with and into AERWINS, Inc., with AERWINS, Inc. surviving and continuing as a wholly owned subsidiary of the Company, previously named Pono Capital Corp. and now named AERWINS Technologies Inc.
  • "The listing of AERWINS on Nasdaq through a merger with Pono Capital Corp is a major milestone for AERWINS and for successful and promising Japanese based companies.

King Insurance Partners continues expansion with First Florida Insurance Network, Inc.

Retrieved on: 
Tuesday, December 20, 2022
FFI, Partnership, Additional insured, Financial services, Architecture

GAINESVILLE, Fla., Dec. 20, 2022 /PRNewswire/ -- King Insurance Partners ("King"), one of the fastest growing full-service insurance brokerage firms in the nation, announced today that First Florida Insurance Network, Inc. ("FFI" or the "Company") has joined the King Insurance Partners team.

Key Points: 
  • GAINESVILLE, Fla., Dec. 20, 2022 /PRNewswire/ -- King Insurance Partners ("King"), one of the fastest growing full-service insurance brokerage firms in the nation, announced today that First Florida Insurance Network, Inc. ("FFI" or the "Company") has joined the King Insurance Partners team.
  • Founded in 2003, and located in Palm Coast, FL, FFI is a full-service commercial and personal lines insurance agency, serving clients throughout Florida.
  • "I've known Chad King & King Insurance for many years", said President of FFI, Norman Sapp.
  • We are thrilled about this partnership, and our future with King"
    "I'm excited to welcome Norm, and the entire FFI team to King Insurance Partners" said Malcolm Chad King, Chief Executive Officer of King Insurance Partners.

NEXT Insurance Launches Employment Practices Liability Insurance for Restaurants, Expands General Liability Coverage Protection

Retrieved on: 
Thursday, December 15, 2022
Small business, CNBC, ADA, PALO, AM Best, Blog, Additional insured, Employment, Disability discrimination act, Employment practices liability, AI, Restaurant, NEXT, Machine learning, Insurance, Health insurance

PALO ALTO, Calif., Dec. 15, 2022 /PRNewswire/ -- NEXT Insurance, a leading digital insurtech transforming small business insurance, today announced its renewed commitment to small business restaurant owners with the expansion of Employment Practices Liability Insurance (EPLI), which is now available with general liability in 28 states plus Washington, DC. Continuing with its mission to help entrepreneurs thrive by innovating and enhancing its product offerings, NEXT's EPLI coverage provides additional protection for business owners against lawsuits involving discrimination, sexual harassment, wrongful termination and more.

Key Points: 
  • One of small businesses' largest concerns and pain points is having the right financial protection set up if they're held responsible for common workplace accidents or staring down employment practice lawsuits.
  • "EPLI is a distinct type of insurance coverage that helps pay for legal fees for discrimination claims, that may not be covered by other policies like workers' compensation.
  • NEXT Insurance is transforming small business insurance with simple, digital and affordable coverage tailored to the self-employed.
  • Revolutionizing a historically complicated insurance industry, NEXT utilizes AI and machine learning to simplify the purchasing process and provide more affordable coverage.

NEXT Insurance Announces Strategic Hire of Industry Veteran Chris Rhodes as First Chief Insurance Officer

Retrieved on: 
Tuesday, December 6, 2022
Small business, MetLife, CNBC, PALO, AM Best, Automation, Blog, Farmers Insurance Group, Farmer, Additional insured, Knowledge, AI, Growth, NEXT, Machine learning, Insurance, Risk management

PALO ALTO, Calif., Dec. 6, 2022 /PRNewswire/ -- NEXT Insurance, a leading digital insurtech company transforming small business insurance, today announced the appointment of Chris Rhodes as the company's first Chief Insurance Officer. In this role, Rhodes will leverage his extensive experience at legacy insurance carriers to focus on the insurance function to support product development, elevate the claims automation experience and help connect profit management and loss analytics actions to ensure price adequacy. He will also work to further define NEXT's customer segmentation strategy as the company evaluates new industries it can serve.

Key Points: 
  • PALO ALTO, Calif., Dec. 6, 2022 /PRNewswire/ -- NEXT Insurance , a leading digital insurtech company transforming small business insurance, today announced the appointment of Chris Rhodes as the company's first Chief Insurance Officer.
  • He will also work to further define NEXT's customer segmentation strategy as the company evaluates new industries it can serve.
  • "There continues to be a huge opportunity for insurtechs to modernize the overall customer experience, and NEXT is well positioned to be the number one small business insurance carrier in the market," said Chris Rhodes, chief insurance officer at NEXT.
  • Revolutionizing a historically complicated insurance industry, NEXT utilizes AI and machine learning to simplify the purchasing process and provide more affordable coverage.