Common

FIBRA Macquarie México Announces Results of Ordinary and Extraordinary Holders’ Meetings

Retrieved on: 
Monday, December 4, 2023

FIBRA Macquarie México (FIBRA Macquarie) (BMV: FIBRAMQ) announced the results of Holders’ Meetings held on December 1st, 2023.

Key Points: 
  • FIBRA Macquarie México (FIBRA Macquarie) (BMV: FIBRAMQ) announced the results of Holders’ Meetings held on December 1st, 2023.
  • A quorum of 79% of certificate holders was achieved for each of the ordinary holders’ and extraordinary holders’ meetings held, respectively.
  • The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank.
  • Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.

Food And Drug Administration Grants Two New Label Changes To Tirosint®-Sol (Levothyroxine Sodium) Oral Solution

Retrieved on: 
Monday, December 4, 2023

The U.S. Food and Drug Administration (FDA) has approved two new changes to the label of Tirosint-SOL (levothyroxine sodium) oral solution, a unique formulation of levothyroxine (LT4) for the treatment of hypothyroidism.

Key Points: 
  • The U.S. Food and Drug Administration (FDA) has approved two new changes to the label of Tirosint-SOL (levothyroxine sodium) oral solution, a unique formulation of levothyroxine (LT4) for the treatment of hypothyroidism.
  • The first regards the use of Tirosint-SOL in the presence of proton pump inhibitor (PPI) therapy.
  • Both label changes help to differentiate Tirosint-SOL from other levothyroxine therapies.
  • Similarly, current labeling for all levothyroxine sodium therapies instructs patients to self-administer the drug once daily, on an empty stomach, one-half to one hour before breakfast.

Korbyt Unveils New Experiential Signage Capabilities at DSE 2023

Retrieved on: 
Monday, December 4, 2023

Korbyt , the omnichannel workplace communications platform that gives employees access to organizational resources on any screen, unveiled Korbyt Experiential Signage at DSE 2023 (booth #425).

Key Points: 
  • Korbyt , the omnichannel workplace communications platform that gives employees access to organizational resources on any screen, unveiled Korbyt Experiential Signage at DSE 2023 (booth #425).
  • Korbyt’s Experiential Signage is a “no-code” solution that lets users manage and customize digital experiences effortlessly without the need for technical expertise.
  • With Korbyt Experiential Signage, virtually any input device, data feed or network event can be used to trigger specific content layouts or playlists.
  • Experiential Signage is the newest addition to the Korbyt Anywhere workplace communications platform.

HF Sinclair Corporation Completes Acquisition of Holly Energy Partners, L.P.

Retrieved on: 
Friday, December 1, 2023

HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) today announced the completion of the transactions contemplated by the previously announced Agreement and Plan of Merger, pursuant to which HF Sinclair acquired all of the outstanding common units (“HEP Common Units”) representing limited partner interests in Holly Energy Partners, L.P. (“HEP”) not already owned by HF Sinclair and its subsidiaries, for a combination of 0.3150 of a share of HF Sinclair common stock and $4.00 in cash, without interest, per HEP Common Unit.

Key Points: 
  • HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) today announced the completion of the transactions contemplated by the previously announced Agreement and Plan of Merger, pursuant to which HF Sinclair acquired all of the outstanding common units (“HEP Common Units”) representing limited partner interests in Holly Energy Partners, L.P. (“HEP”) not already owned by HF Sinclair and its subsidiaries, for a combination of 0.3150 of a share of HF Sinclair common stock and $4.00 in cash, without interest, per HEP Common Unit.
  • The merger of HEP with a subsidiary of HF Sinclair became effective upon the filing of the certificate of merger with the Secretary of State of the State of Delaware, which occurred today.
  • As a result of the transaction, HEP Common Units will no longer be listed on the New York Stock Exchange, and HEP will cease to be a publicly traded partnership.
  • We believe the closing of this transaction further advances our strategy of integrating and optimizing our assets as a combined company under HF Sinclair.”

Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2023

Retrieved on: 
Wednesday, November 29, 2023

Fourth quarter results of fiscal 2023 had 14 weeks compared to 13 weeks for the fourth quarter of fiscal 2022.

Key Points: 
  • Fourth quarter results of fiscal 2023 had 14 weeks compared to 13 weeks for the fourth quarter of fiscal 2022.
  • Operating and administrative expenses for the fourth quarter of fiscal 2023 totaled $299.4 million compared with $268.0 million for the fourth quarter of fiscal 2022.
  • Interest expense totaled $5.9 million for the fourth quarter of fiscal 2023 compared with $5.4 million for the fourth quarter of fiscal 2022.
  • Net income totaled $52.6 million for the fourth quarter of fiscal 2023 quarter compared with $70.2 million for the fourth quarter of fiscal 2022.

Ault Alliance Announces Its Intention to Commence an Exchange Offer to Acquire Shares of Its Common Stock for up to $15 Million in Series D Preferred Shares (an Effective Price of $0.25 per Share of Common Stock Exchanged)

Retrieved on: 
Wednesday, November 29, 2023

Further, the 13.00% Series D Preferred Stock annual dividend provides an additional annual recurring value of $0.0325 per common share, or 40% of the Closing Price.

Key Points: 
  • Further, the 13.00% Series D Preferred Stock annual dividend provides an additional annual recurring value of $0.0325 per common share, or 40% of the Closing Price.
  • Under that exemption, if Common Stock exchanged is freely tradeable, the Series D Preferred Stock received in exchange therefor will be freely tradeable.
  • If the Common Stock is restricted, the Series D Preferred Stock will be restricted to the same degree.
  • Any offers of the Series D Preferred Stock will be made only by means of the Offer to Exchange.

PROOF Acquisition Corp I Stockholders Approve Previously Announced Business Combination with Volato

Retrieved on: 
Wednesday, November 29, 2023

PROOF Acquisition Corp I (NYSE: PACI) (“PACI”) today announced that its stockholders voted to approve the previously announced business combination with Volato, Inc. a leading private aviation company in the United States, at the special meeting of stockholders (the “Special Meeting”) held on November 28, 2023.

Key Points: 
  • PROOF Acquisition Corp I (NYSE: PACI) (“PACI”) today announced that its stockholders voted to approve the previously announced business combination with Volato, Inc. a leading private aviation company in the United States, at the special meeting of stockholders (the “Special Meeting”) held on November 28, 2023.
  • Approximately 97% of the votes cast at the Special Meeting were cast in favor of the approval of the Business Combination.
  • The closing of the Business Combination is anticipated to occur on or before December 1, 2023.
  • BTIG, LLC and Roth MKM are serving as financial advisors to Volato, Inc. Womble Bond Dickinson (US) LLP is serving as legal advisor to Volato, Inc. Steptoe & Johnson LLP is serving as legal advisor to PROOF Acquisition Corp I. Lowenstein Sandler LLP is serving as legal advisor to PROOF.vc.

Fivetran’s New Capabilities on Amazon S3 Support Generative AI

Retrieved on: 
Tuesday, November 28, 2023

Fivetran , the global leader in data integration, today announced support for Delta Lake on Amazon Simple Storage Service (Amazon S3), further broadening its support for Amazon S3 as a data lake destination.

Key Points: 
  • Fivetran , the global leader in data integration, today announced support for Delta Lake on Amazon Simple Storage Service (Amazon S3), further broadening its support for Amazon S3 as a data lake destination.
  • Today’s news means Fivetran customers can land data in Amazon S3 and easily access their Delta Lake tables.
  • In April Fivetran announced support for Amazon S3 with Apache Iceberg, another leading high-performance format, with availability also announced today at AWS re:Invent 2023.
  • “Data lakes have proven to be the ideal foundation for machine learning, AI and generative AI projects.

Generation Mining Closes C$15 Million Bought Deal Financing

Retrieved on: 
Tuesday, November 21, 2023

The Offering included a lead order of C$5,000,000 of Units from Wheaton Precious Metals Corp. and participation by existing shareholders.

Key Points: 
  • The Offering included a lead order of C$5,000,000 of Units from Wheaton Precious Metals Corp. and participation by existing shareholders.
  • Haywood Securities Inc. acted as sole underwriter and bookrunner in connection with the Offering.
  • Each Unit consisted of one common share (a “Common Share”) in the capital of the Company and one-fifth (1/5) of one common share purchase warrant of the Company (each whole warrant, a “Warrant”).
  • The Offered Securities were offered by way of a short form prospectus dated November 16, 2023, filed in all provinces of Canada, except Québec.

Core Scientific, Inc. Announces $55 Million Equity Rights Offering

Retrieved on: 
Monday, November 20, 2023

On November 14, 2023, the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) approved, among other matters, rights offering procedures and related materials that will govern the terms of the Rights Offering (the “Rights Offering Procedures”).

Key Points: 
  • On November 14, 2023, the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) approved, among other matters, rights offering procedures and related materials that will govern the terms of the Rights Offering (the “Rights Offering Procedures”).
  • No fractional Rights Offering Share will be issued in the Rights Offering.
  • The Rights Offering will include an over-subscription right to permit each holder that exercises its basic subscription rights in full to purchase additional Rights Offering Shares (if any) that remain unsubscribed at the expiration of the Rights Offering.
  • If the aggregate subscriptions (basic subscriptions plus over-subscriptions) exceed the number of Rights Offering Shares offered in the Rights Offering, then the aggregate over-subscription amount will be pro-rated among the holders exercising their respective oversubscription rights based on the number of Rights Offering Shares each holder has subscribed pursuant to its exercise of oversubscription rights.