Form 4

Banzai CEO Purchases Additional Shares in Market

Retrieved on: 
Thursday, December 21, 2023

SEATTLE, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced that Chairman and CEO, Joe Davy, had acquired additional shares of Banzai stock in the open market.

Key Points: 
  • SEATTLE, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced that Chairman and CEO, Joe Davy, had acquired additional shares of Banzai stock in the open market.
  • Banzai will make a corresponding Form 4 filing in the coming days.
  • “I have purchased additional shares of Banzai stock in the open market, and I may continue to do so if the price remains at or below these levels,” said Joe Davy, CEO and Founder of Banzai.
  • I believe this is the right time and the right market, and I am optimistic about our ability to execute on this strategy in the near term.”

Kellner Group Urges Stockholders of AIM Immunotech to Vote Gold Card Now for Desperately Needed Change

Retrieved on: 
Thursday, November 16, 2023

Yet, Mr. Kellner and Mr. Deutsch are long-term stockholders who collectively own 6.5% of outstanding AIM stock – making them the largest stockholder or group of stockholders in the Company.

Key Points: 
  • Yet, Mr. Kellner and Mr. Deutsch are long-term stockholders who collectively own 6.5% of outstanding AIM stock – making them the largest stockholder or group of stockholders in the Company.
  • The facts show that AIM and Equels are misleading investors and they are clearly not protecting stockholders and the Company.
  • For AIM to have any chance of success, we believe that significant change in the Board is urgently needed.
  • THE KELLNER GROUP URGES ALL STOCKHOLDERS TO VOTE ON THE GOLD PROXY CARD TODAY TO ELECT TED D. KELLNER, TODD DEUTSCH AND ROBERT L. CHIOINI.

VOXX International Corporation Reports its Fiscal 2024 Second Quarter Financial Results

Retrieved on: 
Tuesday, October 10, 2023

The gross margin in the Fiscal 2024 second quarter was 25.2% as compared to 23.3% in the Fiscal 2023 second quarter, an increase of 190 basis points.

Key Points: 
  • The gross margin in the Fiscal 2024 second quarter was 25.2% as compared to 23.3% in the Fiscal 2023 second quarter, an increase of 190 basis points.
  • Net loss attributable to VOXX International Corporation in the Fiscal 2024 second quarter was $11.1 million as compared to a net loss attributable to VOXX International Corporation of $10.2 million in the comparable Fiscal 2023 period.
  • The Company reported a basic and diluted loss per share attributable to VOXX International Corporation of $0.47 in the Fiscal 2024 second quarter as compared to a basic and diluted loss per common share attributable to VOXX International Corporation of $0.42, in the comparable Fiscal 2023 period.
  • Net loss attributable to VOXX International Corporation in the Fiscal 2024 six-month period was $21.8 million as compared to a net loss attributable to VOXX International Corporation of $16.7 million in the comparable Fiscal 2023 period.

Avalon Park Group Holding AG and Avalon Park International LLC Enter into Stock Purchase Agreement with Gentex Corporation

Retrieved on: 
Tuesday, October 10, 2023

ORLANDO, Fla., Oct. 10, 2023 /PRNewswire/ -- Avalon Park Group ("APG"), a diversified family of companies across multiple industries and geographies, is pleased to announce today that it has entered into Stock Purchase Agreement with Gentex Corporation (NASDAQ: GNTX) to sell 50% of its total ownership stake in VOXX International Corporation (NASDAQ: VOXX).

Key Points: 
  • ORLANDO, Fla., Oct. 10, 2023 /PRNewswire/ -- Avalon Park Group ("APG"), a diversified family of companies across multiple industries and geographies, is pleased to announce today that it has entered into Stock Purchase Agreement with Gentex Corporation (NASDAQ: GNTX) to sell 50% of its total ownership stake in VOXX International Corporation (NASDAQ: VOXX).
  • The Stock Purchase Agreement was signed on October 5, 2023 between Avalon Park International LLC and Avalon Park Group Holding AG, as Sellers, and Gentex Corporation, as the Purchaser.
  • As noted in its Form 4 filing with the Securities and Exchange Commission on August 21, 2023, Gentex Corporation previously owned 173,808 shares of VOXX International's Class A Common Stock.
  • Gentex is one of our key partners in Biometrics and we've worked closely with them on the Automotive side of our business as well.

Strathspey Crown Holdings Group, LLC Provides Clarifying Statement Regarding Form 4 Filing with SEC for Holdings in AEON Biopharma

Retrieved on: 
Wednesday, August 16, 2023

NEWPORT BEACH, Calif., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Strathspey Crown Holdings Group, LLC (“Strathspey Crown” or the “Company”), provided a clarifying statement regarding its Form 4 filing with the United States Securities and Exchange Commission made on August 14th concerning its holdings of AEON Biopharma, Inc. class A common stock (NYSE: AEON, AEON WS). 

Key Points: 
  • Strathspey Crown is a Limited Liability Company with hundreds of limited partners, a large contingent of whom chose to tender their membership units to the Company for repurchase in return for a direct holding in AEON and certain other securities previously held by Strathspey Crown.
  • The Form 4 filed on August 14, 2023 reflected the transfer of an aggregate of 7,380,394 AEON shares to these limited partners.
  • Strathspey Crown did not sell any AEON shares to the public as part of this transaction.
  • The Schedule 13D indicated that Strathspey Crown intended to distribute shares in the tender offer to its limited partners.

Transphorm Announces Results of Rights Offering

Retrieved on: 
Tuesday, July 25, 2023

Transphorm, Inc. (NASDAQ: TGAN) (“Transphorm” or the “Company”) announced today the results of its previously-announced rights offering, which entitled eligible stockholders to purchase 0.07655623 of a share of common stock for every right held at a subscription price of $3.30 per whole share.

Key Points: 
  • Transphorm, Inc. (NASDAQ: TGAN) (“Transphorm” or the “Company”) announced today the results of its previously-announced rights offering, which entitled eligible stockholders to purchase 0.07655623 of a share of common stock for every right held at a subscription price of $3.30 per whole share.
  • The rights offering resulted in the sale of 2,404,758 shares of common stock, which generated approximately $7.94 million in gross proceeds for the Company.
  • After giving effect to the rights offering, the Company has approximately 61.8 million shares of common stock issued and outstanding.
  • KKR Phorm Investors L.P. exercised in full its basic subscription rights in the rights offering.

OTC Markets Requests Logiq to Comment on Recent Promotional Activity

Retrieved on: 
Thursday, May 11, 2023

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX: LGIQ) (“Logiq” or “Company”) has received a request from the OTC Markets Group to comment on recent promotional activity related to Logiq’s common stock quoted on the OTC Markets.

Key Points: 
  • NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX: LGIQ) (“Logiq” or “Company”) has received a request from the OTC Markets Group to comment on recent promotional activity related to Logiq’s common stock quoted on the OTC Markets.
  • Logiq provided Life Water Media publicly available source information for these materials, reviewed the materials for accuracy and had full editorial control over the materials.
  • On May 8, 2023, Company management was notified by OTC Markets that it was monitoring these promotional activities.
  • On September 1, 2021, 1,169,652 shares of Logiq common stock underlying such Notes were issued pursuant to this conversion.

MarketWise Enters into Settlement Agreement with F. Porter Stansberry in Connection with 2023 Annual Meeting

Retrieved on: 
Tuesday, May 2, 2023

BALTIMORE, May 02, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”) today announced that it has entered into a settlement agreement with F. Porter Stansberry in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Agreement”).

Key Points: 
  • BALTIMORE, May 02, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”) today announced that it has entered into a settlement agreement with F. Porter Stansberry in connection with the Company’s 2023 Annual Meeting of Shareholders (the “Agreement”).
  • Under the terms of the Agreement, the Company and Mr. Stansberry have agreed to put aside their past differences, to recommend an agreed slate of directors for election at the 2023 Annual Meeting, and among other things, to vote in favor of the agreed MarketWise Board’s slate at the 2023 Annual Meeting and to other customary terms.
  • The full agreement will be filed on a Form 8-K with the U.S. Securities and Exchange Commission.
  • Mr. Turner will be appointed as a Class II Director standing for election at the 2023 Annual Meeting.

Logiq Reports Progress with Major Corporate Initiatives, Sees Strong Outlook Ahead for 2023

Retrieved on: 
Wednesday, March 22, 2023

“We have been preparing to report our 2022 results along with a detailed corporate update,” stated Logiq CEO, Brent Suen.

Key Points: 
  • “We have been preparing to report our 2022 results along with a detailed corporate update,” stated Logiq CEO, Brent Suen.
  • On March 16, 2023, both the Ionic share purchase agreement and the associated S-1 registration were mutually terminated.
  • Given the company’s progress over the last several months and positive outlook ahead, Logiq management believes it was in the best interest of shareholders to eliminate the funding program.
  • If such a transaction would be completed, we would expect the combined scale to propel our growth exponentially in 2023.”

Blackboxstocks Retires Additional 1.1 Million Common Shares

Retrieved on: 
Monday, March 20, 2023

Following this action, Blackbox will have retired a total of 1,817,763 issued and outstanding common shares, consisting of the 1,130,002 common shares in this announcement plus 687,761 common shares that were held in Treasury and retired, as announced on March 1, 2023.

Key Points: 
  • Following this action, Blackbox will have retired a total of 1,817,763 issued and outstanding common shares, consisting of the 1,130,002 common shares in this announcement plus 687,761 common shares that were held in Treasury and retired, as announced on March 1, 2023.
  • Blackbox will have 12,503,946 common shares issued and outstanding after completion of this action, which includes common shares that have been issued under the 2021 Blackboxstocks Inc Incentive Stock Plan.
  • The 687,761 common shares were repurchased during 2022 under the Company’s authorized stock repurchase plan.
  • As of March 1, 2023, approximately $1.4 million remains available under the plan to repurchase the Company’s common stock.