Reed Smith | Jotup

Revelyst Announces Acquisition of PinSeeker, a Leading Skill-Based Golf Simulator Competition Platform

Retrieved on:

Monday, March 25, 2024

The acquisition allows Foresight Sports to capitalize on strong market demand for competitive tournaments and experiences in off-course golf and will fast-track the evolution of Foresight Sports' game and content platform.

Key Points:

The acquisition allows Foresight Sports to capitalize on strong market demand for competitive tournaments and experiences in off-course golf and will fast-track the evolution of Foresight Sports' game and content platform.
PinSeeker will be integrated into Foresight Sports, the leading maker of golf launch monitors and simulators, in Revelyst’s Precision Sports Technology platform.
“Our two Precision Sports Technology platform brands — Foresight Sports and Bushnell Golf — are best-in-class golf brands.
“PinSeeker reinforces that Foresight Sports is the undisputed leader in golf technology,” said Jon Watters, Co-President and General Manager of Revelyst’s Precision Sports Technology platform.

Maritime Partners Welcomes Two New Additions to Executive Team

Retrieved on:

Friday, March 22, 2024

NEW ORLEANS, March 22, 2024 /PRNewswire/ -- Maritime Partners, LLC ("Maritime Partners"), a leading provider of maritime financing solutions primarily focused on Jones Act vessels, has recently added Stephen J. Bordes and Greg Chase to its executive leadership team.

Key Points:

Stephen J. Bordes & Greg Chase Join Maritime Partners as CFO and CLO, Respectively
NEW ORLEANS, March 22, 2024 /PRNewswire/ -- Maritime Partners, LLC ("Maritime Partners"), a leading provider of maritime financing solutions primarily focused on Jones Act vessels, has recently added Stephen J. Bordes and Greg Chase to its executive leadership team.
Prior to joining Maritime Partners, he served as the CFO for New York-based American Industrial Partners, a middle-market private equity firm that invests in industrial businesses.
Also joining the Maritime Partners team is Greg Chase, who is serving as the firm's Chief Legal Officer.
Chase comes to Maritime Partners from Reed Smith LLP, a global law firm with a strong maritime practice.

Sonendo Divests TDO® Software and Amends Credit Agreement

Retrieved on:

Monday, March 4, 2024

Medical Devices, Health, Dental, Technology, Software, Acquisition, LP, Stifel, Practice management, Sale, Reed Smith, TDO, OTCQX, Partnership

In addition, Sonendo announced that it has reached an agreement with Perceptive Credit Holdings, LP to amend its Amended and Restated Credit Agreement and Guaranty, dated as of August 23, 2021, as amended (“Perceptive Loan").

Key Points:

In addition, Sonendo announced that it has reached an agreement with Perceptive Credit Holdings, LP to amend its Amended and Restated Credit Agreement and Guaranty, dated as of August 23, 2021, as amended (“Perceptive Loan").
TDO Software is a developer of widely used endodontic practice management software solutions, designed to simplify practice workflow.
TDO® Software integrates practice management, imaging, referral reporting and cone beam computed tomography imaging, and offers an integrated communication system with Sonendo's GentleWave® System.
Moving forward, this divestiture allows Sonendo to focus solely on growing awareness and adoption of the GentleWave procedure.

Hook Announces Additional Seed Investment By Imaginary Ventures

Retrieved on:

Wednesday, March 6, 2024

Jules Massenet, Social media, KSHMR, SNAP, Investment, UGC, Thumb, Reed Smith, Ecosystem, Downtown Music Holdings, IP, LLP, JioSaavn, Seed, Imaginary, Avex Inc., Music

NEW YORK, March 6, 2024 /PRNewswire-PRWeb/ -- Hook, the music platform that enables fans to easily, quickly and legally remix popular music for use on social media, announced today that it has extended its Seed Round to bring on additional investments from Natalie Massenet and Nick Brown's Imaginary Ventures and a group of strategic music and social media industry investors and advisors. This additional investment brings the total of Hook's Seed round, which was led by Point72 Ventures and Edgar Bronfman Jr.'s Waverley Capital, to $3.5 Million. Imaginary Ventures backs some of the most exciting businesses across the consumer landscape, with early stakes in SKIMS, Daily Harvest, Glossier, and others.

Key Points:

This additional investment brings the total of Hook's Seed round, which was led by Point72 Ventures and Edgar Bronfman Jr.'s Waverley Capital, to $3.5 Million.
Imaginary Ventures backs some of the most exciting businesses across the consumer landscape, with early stakes in SKIMS, Daily Harvest, Glossier, and others.
In addition to her strategic investment in Hook, the company will also benefit from her entrepreneurial and consumer business-building expertise.
In addition to Point72 Ventures and Waverley Capital, Hook's previously announced Seed funding round included Three Six Zero, and Avex, Japan's leading entertainment brand.

Adagio Medical To List on Nasdaq Through Business Combination with ARYA Sciences Acquisition Corp IV, Enabling Further Commercial and Clinical Development of Innovative Cardiac Ablation Technologies

Retrieved on:

Wednesday, February 14, 2024

Acquisition, Jefferies Group, Stifel, Form, Arrhythmia, Reed Smith, Kirkland & Ellis, Atrial fibrillation, Patient, Tachycardia, LLP, White & Case, Catheter ablation, Investment, PFCA, Security (finance)

LAGUNA HILLS, Calif., Feb. 14, 2024 /PRNewswire/ -- Adagio Medical, Inc. ("Adagio Medical"), a leading innovator in catheter ablation technologies for treatment of cardiac arrhythmias, and ARYA Sciences Acquisition Corp IV (Nasdaq: ARYD) ("ARYA"), a special purpose acquisition company that is sponsored by an affiliate of Perceptive Advisors, LLC ("Perceptive Advisors"), today announced they have entered a definitive agreement (the "business combination agreement") for a business combination (the "transaction"). Upon closing of the transaction, Adagio Medical will become a subsidiary of Aja Holdco, Inc. (the "Combined Company"), which will operate with the existing Adagio Medical management team under the name "Adagio Medical, Inc." The Combined Company's common stock is expected to be listed on the Nasdaq Capital Market under the ticker symbol "ADGM".

Key Points:

Investors in the financing include affiliates of Perceptive Advisors, RA Capital Management ("RA Capital"), RTW Investments and ATW Partners.
"In Adagio Medical, we've come to believe that the company's innovative cardiac ablation technology, thoughtful commercialization strategy, and experienced leadership team make it an exceptional fit to meet our objectives."
The respective boards of directors of both ARYA and Adagio Medical have approved the proposed transaction.
Jefferies LLC ("Jefferies") is acting as financial and capital markets advisor to ARYA, as well as sole private placement agent.

Adagio Medical To List on Nasdaq Through Business Combination with ARYA Sciences Acquisition Corp IV, Enabling Further Commercial and Clinical Development of Innovative Cardiac Ablation Technologies

Retrieved on:

Wednesday, February 14, 2024

LAGUNA HILLS, Calif., Feb. 14, 2024 /PRNewswire/ -- Adagio Medical, Inc. ("Adagio Medical"), a leading innovator in catheter ablation technologies for treatment of cardiac arrhythmias, and ARYA Sciences Acquisition Corp IV (Nasdaq: ARYD) ("ARYA"), a special purpose acquisition company that is sponsored by an affiliate of Perceptive Advisors, LLC ("Perceptive Advisors"), today announced they have entered a definitive agreement (the "business combination agreement") for a business combination (the "transaction"). Upon closing of the transaction, Adagio Medical will become a subsidiary of Aja Holdco, Inc. (the "Combined Company"), which will operate with the existing Adagio Medical management team under the name "Adagio Medical, Inc." The Combined Company's common stock is expected to be listed on the Nasdaq Capital Market under the ticker symbol "ADGM".

Key Points:

Investors in the financing include affiliates of Perceptive Advisors, RA Capital Management ("RA Capital"), RTW Investments and ATW Partners.
"In Adagio Medical, we've come to believe that the company's innovative cardiac ablation technology, thoughtful commercialization strategy, and experienced leadership team make it an exceptional fit to meet our objectives."
The respective boards of directors of both ARYA and Adagio Medical have approved the proposed transaction.
Jefferies LLC ("Jefferies") is acting as financial and capital markets advisor to ARYA, as well as sole private placement agent.

Landmark Trial Challenging Regressive Voting Rights Provisions in Texas Senate Bill 1 Concludes

Retrieved on:

Wednesday, February 14, 2024

A six-week trial challenging regressive voting rights provisions in Texas’ Senate Bill 1 (S.B.

Key Points:

A six-week trial challenging regressive voting rights provisions in Texas’ Senate Bill 1 (S.B.
1) concluded with closing arguments today in the U.S. District Court for the Western District of Texas.
Plaintiffs are challenging several provisions within the restrictive law including: a ban on drive-thru voting; restrictions on early voting hours, which impose a ban on 24-hour voting; and new ID requirements for voting by mail.
We believe now, and always, that shift workers deserve their right to vote just like everyone else.”
View source version on businesswire.com: https://www.businesswire.com/news/home/20240213017739/en/

AADR Announces Board Appointments to Drive Strategic Advancements in Debt Resolution Industry

Retrieved on:

Thursday, February 8, 2024

The American Association for Debt Resolution (AADR), the foremost organization championing the debt resolution industry, announced changes to the AADR Executive Board of Directors with two distinguished leaders assuming seats.

Key Points:

The American Association for Debt Resolution (AADR), the foremost organization championing the debt resolution industry, announced changes to the AADR Executive Board of Directors with two distinguished leaders assuming seats.
Drawing on their wealth of experience, these individuals share a dedication to furthering the AADR’s mission to educate consumers and policymakers about debt resolution and its benefits, hold debt resolution companies to the highest industry standards, and protect and expand access to accredited debt resolution services nationwide.
Lori L. Lasher, Executive Vice President at JG Wentworth, brings 39 years of legal expertise to the AADR Executive Board.
“We will work collaboratively to uphold industry standards and expand access to accredited debt resolution services.”

Sphera Acquires SupplyShift, a Pioneer in Supply Chain Sustainability Software

Retrieved on:

Tuesday, January 9, 2024

Senior, Collection, Software as a service, ESG, Communication, Risk, Reed Smith, Houlihan Lokey, Acquisition, LCA, Carbon accounting, Data, Growth

CHICAGO and SANTA CRUZ, Calif., Jan. 9, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, announces that it has acquired SupplyShift, a supply chain sustainability software company that empowers businesses to build transparent, responsible and resilient supply chains.

Key Points:

The solution provides supply chain transparency and supplier mapping at any tier as well as data analytics, supplier scoring and traceability.
Alex Gershenson, SupplyShift's CEO and founder, said, "SupplyShift was founded on the idea of leveraging software to drive sustainability initiatives, and for 11 years we have been empowering companies to understand their supply chain ESG risk and performance.
Through SpheraCloud, Sphera's SaaS platform, and its LCA solutions, we can help even more customers track their Scope 3 emissions and manage their supply chain sustainability."
This planned acquisition supports our commitment to Sphera's accelerated growth and will bolster the company's supply chain capabilities for its customers moving forward."

Sphera Acquires SupplyShift, a Pioneer in Supply Chain Sustainability Software

Retrieved on:

Tuesday, January 9, 2024

Senior, Collection, Software as a service, ESG, Communication, Risk, Reed Smith, Houlihan Lokey, Acquisition, LCA, Carbon accounting, Data, Growth

CHICAGO and SANTA CRUZ, Calif., Jan. 9, 2024 /PRNewswire/ -- Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, announces that it has acquired SupplyShift, a supply chain sustainability software company that empowers businesses to build transparent, responsible and resilient supply chains.

Key Points:

The solution provides supply chain transparency and supplier mapping at any tier as well as data analytics, supplier scoring and traceability.
Alex Gershenson, SupplyShift's CEO and founder, said, "SupplyShift was founded on the idea of leveraging software to drive sustainability initiatives, and for 11 years we have been empowering companies to understand their supply chain ESG risk and performance.
Through SpheraCloud, Sphera's SaaS platform, and its LCA solutions, we can help even more customers track their Scope 3 emissions and manage their supply chain sustainability."
This planned acquisition supports our commitment to Sphera's accelerated growth and will bolster the company's supply chain capabilities for its customers moving forward."