Professional services

VPC Impact Acquisition Holdings Announces Pricing of $200 Million Initial Public Offering

Wednesday, September 23, 2020 - 1:00am

VPC Impact Acquisition Holdings (the Company), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses or entities, today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit.

Key Points: 
  • VPC Impact Acquisition Holdings (the Company), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses or entities, today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit.
  • The offering is expected to close on September 25, 2020, subject to customary closing conditions.
  • This press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering and the anticipated use of the net proceeds.
  • VPC Impact Acquisition Holdings acquisition and value creation strategy will be to identify, partner with and help grow a business in the Fintech sector.

NXTC EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against NextCure, Inc. – NXTC

Wednesday, September 23, 2020 - 12:55am

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of NextCure, Inc. (NASDAQ: NXTC) between November 5, 2019 and July 14, 2020, inclusive (the Class Period).

Key Points: 
  • Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of NextCure, Inc. (NASDAQ: NXTC) between November 5, 2019 and July 14, 2020, inclusive (the Class Period).
  • Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.

Flux Power Announces Fiscal Year 2020 Earnings Conference Call

Wednesday, September 23, 2020 - 12:43am

Flux Power Holdings, Inc. ( Flux Power ) (NASDAQ CM: FLUX ), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced that its financial results for FY2020 will be released before the market opens on Monday, September 28, 2020.

Key Points: 
  • Flux Power Holdings, Inc. ( Flux Power ) (NASDAQ CM: FLUX ), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced that its financial results for FY2020 will be released before the market opens on Monday, September 28, 2020.
  • Flux Power will host a conference call at 4:00 PM Eastern Time to discuss its financial results.
  • A recording of the conference call will be available on the Flux Power website.
  • Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.

KBRA Releases Day One Recap of Virtual Structured Finance Conference

Wednesday, September 23, 2020 - 12:40am

Kroll Bond Rating Agency (KBRA) releases a Day One recap of its Structured Finance Virtual Conference: Credit & Covid-19: Is the Worst Behind Us?

Key Points: 
  • Kroll Bond Rating Agency (KBRA) releases a Day One recap of its Structured Finance Virtual Conference: Credit & Covid-19: Is the Worst Behind Us?
  • Panelists at the conference, which attracted over 900 registrants, discussed the current state of play across the ABS Consumer segment, CMBS, RMBS, and Aircraft ABS.
  • Interested in attending the KBRA Structured Finance Virtual Conference?
  • KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

IT’SUGAR, a subsidiary of BBX Capital Corporation and BBX Capital Florida LLC, has Filed for Chapter 11 Bankruptcy Protection

Wednesday, September 23, 2020 - 12:37am

BBX Capital Corporation (NYSE: BBX)(OTCQX: BBXTB) (Parent) and its subsidiary, BBX Capital Florida LLC (New BBX Capital), announced today that their subsidiary, ITSUGAR LLC and its subsidiaries (ITSUGAR), has filed voluntary petitions under Chapter 11 of Title 11 of the U.S. Code (the Bankruptcy Code).

Key Points: 
  • BBX Capital Corporation (NYSE: BBX)(OTCQX: BBXTB) (Parent) and its subsidiary, BBX Capital Florida LLC (New BBX Capital), announced today that their subsidiary, ITSUGAR LLC and its subsidiaries (ITSUGAR), has filed voluntary petitions under Chapter 11 of Title 11 of the U.S. Code (the Bankruptcy Code).
  • The Chapter 11 filings were made in the U.S. Bankruptcy Court for the Southern District of Florida (the Bankruptcy Court).
  • Subject to Bankruptcy Court approval, a subsidiary of New BBX Capital will provide debtor-in-possession (DIP) financing to ITSUGAR under the protections of the Bankruptcy Code.
  • About BBX Capital Corporation: BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) is a Florida-based diversified holding company.

Sterling Bancorp Announces Appointment of Two New Independent Directors; Sets Date for 2020 Annual Meeting

Wednesday, September 23, 2020 - 12:10am

During this time, he also served as a director at Talmer Bancorp, a bank holding company, from December 2014 to August 2015.

Key Points: 
  • During this time, he also served as a director at Talmer Bancorp, a bank holding company, from December 2014 to August 2015.
  • In addition, he was a board observer at Sun Bancorp on behalf of WL Ross & Co. LLC from January 2016 to January 2018 in connection with its investment in Sun Bancorp.
  • The Companys Board has set November 18, 2020 as the date for the 2020 Annual Meeting.
  • The 2020 Annual Meeting will be held at a time and location to be determined and specified in the Companys proxy statement related to the 2020 Annual Meeting.

Laird Superfood Announces Pricing of Initial Public Offering

Tuesday, September 22, 2020 - 11:53pm

Laird Superfood, Inc. (Laird Superfood) today announced the pricing of its initial public offering of 2,650,000 shares of its common stock at a price of $22.00 per share.

Key Points: 
  • Laird Superfood, Inc. (Laird Superfood) today announced the pricing of its initial public offering of 2,650,000 shares of its common stock at a price of $22.00 per share.
  • Laird Superfood has granted the underwriters a 30-day option to purchase up to an additional 397,500 shares of its common stock to cover over allotments, if any, at the initial public offering price, less underwriting discounts and commissions.
  • Canaccord Genuity and Craig-Hallum Capital Group are acting as the joint book-running managers for the offering.
  • Laird Superfood, Inc. creates award-winning, plant-based superfood products that are both delicious and functional.

Kemper Prices $400 Million Senior Notes Offering

Tuesday, September 22, 2020 - 11:30pm

Kemper Corporation (NYSE: KMPR) announced today that it has priced a registered offering of $400 million of 2.400% senior notes due 2030.

Key Points: 
  • Kemper Corporation (NYSE: KMPR) announced today that it has priced a registered offering of $400 million of 2.400% senior notes due 2030.
  • Kemper intends to use the net proceeds from this offering for general corporate purposes, which may include ordinary course working capital and investments in other business opportunities, including acquisitions, and to pay related fees and expenses.
  • Kemper anticipates that the offering will close on September 29, 2020, subject to the satisfaction of customary closing conditions.
  • Kemper serves over 6.4 million policies, is represented by more than 30,000 agents and brokers, and has 9,300 associates dedicated to meeting the ever-changing needs of its customers.

Indee Labs Awarded Contract from the National Cancer Institute

Tuesday, September 22, 2020 - 11:19pm

Indee Labs is a biotechnology company developing the VS Delivery SystemTM for non-viral intracellular or gene delivery.

Key Points: 
  • Indee Labs is a biotechnology company developing the VS Delivery SystemTM for non-viral intracellular or gene delivery.
  • The team at Indee Labs was recently awarded a contract from the National Cancer Institute to develop the VS Delivery SystemTM for T cell immunotherapy discovery, development and manufacturing.
  • This project has been funded in whole with Federal funds ($399,299.00) from the National Cancer Institute, National Institutes of Health, Department of Health and Human Services, under Contract No.
  • Indee Labs is backed by IndieBio/SOSV, Y Combinator, Social Capital, Main Sequence Ventures, Founders Funds FF Science among others.

The Law Offices of Frank R. Cruz Announces Investigation of NextCure, Inc. (NXTC) on Behalf of Investors

Wednesday, September 23, 2020 - 12:00am

The Law Offices of Frank R. Cruz announces an investigation of NextCure, Inc. (NextCure or the Company) (NASDAQ: NXTC ) on behalf of investors concerning the Companys possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of NextCure, Inc. (NextCure or the Company) (NASDAQ: NXTC ) on behalf of investors concerning the Companys possible violations of federal securities laws.
  • On this news, the Companys share price fell $4.70, or 8%, to close at $52.00 per share on January 13, 2020, thereby injuring investors.
  • On this news, the Companys share price fell $9.73, or 54%, to close at $8.15 per share on July 13, 2020, thereby injuring investors further.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.