Other Professional Services

Executive Network Partnering Corporation Files Preliminary Proxy for Special Meetings to Consider Stock Split

Saturday, February 27, 2021 - 12:57am

Executive Network Partnering Corporation (the Company or ENPC) (NYSE: ENPC, ENPC.U, and ENPC WS) today filed a preliminary proxy statement on Schedule 14A (the preliminary proxy statement) with the U.S. Securities and Exchange Commission (SEC) to hold special meetings of stockholders and warrant holders to authorize a potential stock split (2.5 shares for every one share) of ENPCs Class A common stock and to approve related changes to the warrant agreement (the special meetings).

Key Points: 
  • Executive Network Partnering Corporation (the Company or ENPC) (NYSE: ENPC, ENPC.U, and ENPC WS) today filed a preliminary proxy statement on Schedule 14A (the preliminary proxy statement) with the U.S. Securities and Exchange Commission (SEC) to hold special meetings of stockholders and warrant holders to authorize a potential stock split (2.5 shares for every one share) of ENPCs Class A common stock and to approve related changes to the warrant agreement (the special meetings).
  • If effectuated, the stock split would result in an increase in the number of shares of Class A common stock outstanding and thereby decrease the trading price of ENPCs Class A common stock.
  • ENPC anticipates that the stock split and related matters, if effectuated, will allow easier comparison to the trading prices of the securities of other special purpose acquisition companies.
  • The proposed stock split amendment would adjust the terms of the Class B common stock solely to adjust for the split of the Class A common stock.

The National Security Group, Inc. Releases Financial Results

Friday, February 26, 2021 - 9:15pm

Results for 2020 were negatively impacted by increased claim activity in the P&C segment.

Key Points: 
  • Results for 2020 were negatively impacted by increased claim activity in the P&C segment.
  • The P&C segment was the primary source of this increase with claims up $15,446,000 in 2020, compared to 2019.
  • The primary component of this increase was claims reported from catastrophe events which increased $17,573,000, in 2020, compared to the same period in 2019.
  • In 2019, we had a gain on our COLI investment totaling $1,792,000 which was the primary contributor to investment gains in 2019.

KBRA Assigns Preliminary Ratings to GCAT 2021-NQM1 Trust (GCAT 2021-NQM1)

Friday, February 26, 2021 - 7:11pm

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

Vaquero Private Wealth Increases Its Dallas Presence With the Addition of The Maynard Group

Friday, February 26, 2021 - 6:23pm

Vaquero Private Wealth Ltd., a Dallas-based RIA, announced today they are combining forces with a veteran team from Merrill Lynch, The Maynard Group.

Key Points: 
  • Vaquero Private Wealth Ltd., a Dallas-based RIA, announced today they are combining forces with a veteran team from Merrill Lynch, The Maynard Group.
  • View the full release here: https://www.businesswire.com/news/home/20210226005565/en/
    Founded in 2017 by former Merrill Lynch PBIG advisor, Ben Gordon, CIMA , Vaquero Private Wealth is a boutique RIA specializing in catering to high-net-worth individuals and families.
  • Ryan and his team share those same values and will add incredible depth further complementing our offering at Vaquero.
  • Vaquero Private Wealth, Ltd. is a registered independent advisory firm based in Dallas, TX.

EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against AgEagle Aerial Systems, Inc. – UAVS

Friday, February 26, 2021 - 6:21pm

Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of AgEagle Aerial Systems, Inc. (NYSE: UAVS) between September 3, 2019 and February 18, 2021, inclusive (the Class Period).

Key Points: 
  • Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of AgEagle Aerial Systems, Inc. (NYSE: UAVS) between September 3, 2019 and February 18, 2021, 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.

Planisware Exceeds $100 Million in Global Revenue in 2020  

Friday, February 26, 2021 - 5:57pm

Planisware today announced strong results for 2020, continuing an eight-year growth streak, achieving revenue of $105 million, with North America registering 33% growth.

Key Points: 
  • Planisware today announced strong results for 2020, continuing an eight-year growth streak, achieving revenue of $105 million, with North America registering 33% growth.
  • View the full release here: https://www.businesswire.com/news/home/20210226005542/en/
    Planisware reports eighth straight year of year-over-year revenue growth, hitting triple digits for the first time.
  • (Graphic: Business Wire)
    At Planisware we're honored to work with innovative companies all over the world, transforming the way business gets done, commented Antoine Villata, CEO of Planisware North America.
  • Planisware is the leading global provider of Strategic Portfolio Management (SPM) solutions, offering two cloud-based SPM platforms for engineering, IT, and new product development (NPD) organizations.

Citi Recognized as Best Global Bank for Liquidity Management by Global Finance

Friday, February 26, 2021 - 4:56pm

Citi has been named the Best Global Bank for Liquidity Management by Global Finance, for the second year in a row.

Key Points: 
  • Citi has been named the Best Global Bank for Liquidity Management by Global Finance, for the second year in a row.
  • The publication also named Citi as the Best Bank for Financial Institutions, named Citis Cash Pooling solution as best in the world, and granted a number of regional awards in Liquidity and Cash Management.
  • Further integrating their portfolio of services onto one platform demonstrate Citis determination to help treasurers more easily manage their liquidity.
  • Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.

Soaring Eagle Acquisition Corp., Led by Eagle Equity Partners’ Harry Sloan, Jeff Sagansky and Eli Baker Announces Completion of $1.725 billion IPO

Friday, February 26, 2021 - 4:22pm

The units are listed on the Nasdaq Capital Market (Nasdaq) and began trading under the ticker symbol SRNGU on February 24, 2021.

Key Points: 
  • The units are listed on the Nasdaq Capital Market (Nasdaq) and began trading under the ticker symbol SRNGU on February 24, 2021.
  • Soaring Eagle Acquisition Corp. is a blank check company whose business purpose is to effect a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
  • The Companys sponsor is Eagle Equity Partners III, LLC, of which Harry Sloan, Jeff Sagansky and Eli Baker are Managing Members.
  • Harry E. Sloan, who co-led six prior public acquisition vehicles with Mr. Sagansky, is the Chief Executive Officer and Chairman of the Company.

Signet Financial Accelerates Growth Plans With Merchant Investment Management Partnership

Friday, February 26, 2021 - 3:00pm

Signet Financial Management is excited to announce its partnership with Merchant Investment Management, LLC .

Key Points: 
  • Signet Financial Management is excited to announce its partnership with Merchant Investment Management, LLC .
  • Signet provides integrated wealth management and investment management, taking a personal approach in guiding investors toward their long-term financial goals.
  • Signet Financial Management is a wealth management firm that takes a personal approach in helping high-net-worth families, individuals, and business owners navigate the complexities of their wealth.
  • Merchant is a private partnership providing growth capital, management resources, strategic opportunities, and direction to independent financial services companies, particularly those focused on wealth and asset management.