SSCP

REGENCY AFFILIATES ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Thursday, March 21, 2024

NEW YORK, March 21, 2024 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.5 cents per common share on April 5, 2024, to shareholders of record at the close of trading on March 29, 2024.

Key Points: 
  • NEW YORK, March 21, 2024 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.5 cents per common share on April 5, 2024, to shareholders of record at the close of trading on March 29, 2024.
  • "We are pleased to declare a quarterly dividend of 7.5 cents per common share reflecting a 3.4% increase over the quarterly dividend paid in April 2023," commented Laurence Levy, Chairman, CEO and CFO of Regency.
  • Pursuant to the terms of the joint venture, Regency earns a 7.5% per annum preferred distribution on its $11.2MM capital contribution.
  • Surplus cash flow after the preferred distribution is allocated 80% to Regency and 20% to SSCP.

Corner Bakery Cafe Continues Holistic Brand Revitalization in 2024, Following Launch of Growth Initiatives and Major Sales Momentum in 2023

Retrieved on: 
Wednesday, February 14, 2024

DALLAS, Feb. 14, 2024 /PRNewswire/ -- When SSCP, a family-owned, award-winning restaurant leader, acquired Corner Bakery Cafe last June, its goal was to stabilize the brand and lay a strong foundation that would drive growth of the 100+ unit chain in 2024 and beyond, as it has demonstrated with successful history across its portfolio of restaurants. Less than six months later, Corner Bakery Cafe's comprehensive brand revitalization efforts are well underway, and the results are already clear — as evidenced by positive sales growth, steady employee retention and improved guest experience. 

Key Points: 
  • Less than six months later, Corner Bakery Cafe's comprehensive brand revitalization efforts are well underway, and the results are already clear — as evidenced by positive sales growth, steady employee retention and improved guest experience.
  • This trajectory is expected to continue accelerating throughout 2024 with growth led by catering sales and much improved counter sales.
  • Central to Corner Bakery Cafe's revitalization efforts was stacking the brand's executive suite with a team of industry leaders to guide its evolution.
  • These efforts and many more are helping establish Corner Bakery Cafe as a legacy brand built for long-term success.

REGENCY AFFILIATES ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Wednesday, December 20, 2023

NEW YORK, Dec. 20, 2023 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.5 cents per common share on January 5, 2024, to shareholders of record at the close of trading on December 29, 2023.

Key Points: 
  • NEW YORK, Dec. 20, 2023 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.5 cents per common share on January 5, 2024, to shareholders of record at the close of trading on December 29, 2023.
  • "We are pleased to declare a quarterly dividend of 7.5 cents per common share reflecting a 3.4% increase over the quarterly dividend declared in December 2022," commented Laurence Levy, Chairman, CEO and CFO of Regency.
  • Pursuant to the terms of the joint venture, Regency earns a 7.5% per annum preferred distribution on its $11.2MM capital contribution.
  • Surplus cash flow after the preferred distribution is allocated 80% to Regency and 20% to SSCP.

REGENCY AFFILIATES ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Wednesday, September 20, 2023

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.5 cents per common share on October 5, 2023, to shareholders of record at the close of trading on September 29, 2023.

Key Points: 
  • NEW YORK, Sept. 20, 2023 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.5 cents per common share on October 5, 2023, to shareholders of record at the close of trading on September 29, 2023.
  • "We are pleased to declare a quarterly dividend of 7.5 cents per common share reflecting a 3.4% increase over the quarterly dividend declared in September 2022," commented Laurence Levy, Chairman, CEO and CFO of Regency.
  • Pursuant to the terms of the joint venture, Regency earns a 7.5% per annum preferred distribution on its $11.2MM capital contribution.
  • Surplus cash flow after the preferred distribution is allocated 80% to Regency and 20% to SSCP.

Grip Security Raising $41 Million Series B Led by Third Point Ventures

Retrieved on: 
Tuesday, August 22, 2023

Grip Security , a leader in SaaS identity risk management, today announced it is raising $41 million in Series B funding led by Third Point Ventures , with participation from YL Ventures , Intel Capital and The Syndicate Group .

Key Points: 
  • Grip Security , a leader in SaaS identity risk management, today announced it is raising $41 million in Series B funding led by Third Point Ventures , with participation from YL Ventures , Intel Capital and The Syndicate Group .
  • View the full release here: https://www.businesswire.com/news/home/20230822690615/en/
    Grip Security Raising $41 Million Series B Led by Third Point Ventures (Photo: Business Wire)
    The current economic environment is causing companies to reevaluate their cybersecurity budgets, but SaaS identity risk management continues to be a critical area of investment.
  • The award-winning Grip SaaS Security Control Plane (SSCP) platform uniquely delivers a comprehensive approach to manage identity sprawl risks that arise from the widespread use of business-led SaaS.
  • Grip Security is a clear leader in SaaS Security.

REGENCY AFFILIATES ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Tuesday, June 20, 2023

NEW YORK, June 20, 2023 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.25 cents per common share on July 6, 2023, to shareholders of record at the close of trading on June 30, 2023.

Key Points: 
  • NEW YORK, June 20, 2023 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.25 cents per common share on July 6, 2023, to shareholders of record at the close of trading on June 30, 2023.
  • "We are pleased to declare a quarterly dividend of 7.25 cents per common share reflecting a 3.7% increase over the quarterly dividend declared in June 2022," commented Laurence Levy, Chairman, CEO and CFO of Regency.
  • Pursuant to the terms of the joint venture, Regency earns a 7.5% per annum preferred distribution on its $11.2MM capital contribution.
  • Surplus cash flow after the preferred distribution is allocated 80% to Regency and 20% to SSCP.

SSCP Management's Investment in the Roanoke and Lynchburg, Va. Neighborhoods is Making an Impact

Retrieved on: 
Thursday, March 30, 2023

ROANOKE, Va. and LYNCHBURG, Va., March 30, 2023 /PRNewswire/ -- Virginia is Eatin' Good in the Neighborhood®. SSCP Management Inc., the Dallas-based Applebee's franchisee, acquired 12 Roanoke and Lynchburg, Va. Applebee's restaurants in 2022 and has since invested more than $1,500,000 over the past year ($125,000 per restaurant) to revitalize the restaurants and improve their neighborhoods. Through this investment, the community has taken notice and the SSCP-owned Applebee's restaurants have experienced a resurgence and a revitalization unprecedented in the area.

Key Points: 
  • Through this investment, the community has taken notice and the SSCP-owned Applebee's restaurants have experienced a resurgence and a revitalization unprecedented in the area.
  • "We love Virginia, and we're thrilled with the welcoming reception this past year from our Roanoke and Lynchburg neighbors.
  • We're excited to continue to make this beloved brand more accessible in local neighborhoods while growing our collective businesses."
  • SSCP's 12 Virginia Applebee's restaurants include Martinsville, Wytheville, Salem, Rocky Mount, Norton, Roanoke, Radford, Danville, Lynchburg, Lexington, South Boston, and Galax.

CITIC Telecom CPC Launches its 3rd Security Operations Center

Retrieved on: 
Tuesday, March 28, 2023

HONG KONG, Mar 28, 2023 - (ACN Newswire) - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), officially launches its Security Operations Center (SOC) in Shanghai, providing enterprises with advanced security protection and operational services.

Key Points: 
  • HONG KONG, Mar 28, 2023 - (ACN Newswire) - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), officially launches its Security Operations Center (SOC) in Shanghai, providing enterprises with advanced security protection and operational services.
  • The new SOC will leverage high-availability security information and event management (SIEM) platform, comprehensive security dashboard, effective security orchestration, automation and response system, and 7x24 professional security team of CITIC Telecom CPC as a strong backbone to roll out next-generation SOC comprehensive security and maintenance services, strengthening security defense capabilities and enhancing operational efficiency of enterprises across industries.
  • Leveraging over 20 years of cloud, network, intelligent and security experiences, robust information security services capabilities, powerful computing algorithms and AI technology in the industry, CITIC Telecom CPC is committed to unveiling next-generation comprehensive security and maintenance services through the new SOC.
  • These services help customers proactively identify potential security risks, promptly patch vulnerabilities, regularly evaluate security defenses, and develop ever-enhancing "lifecycle" security solutions, creating a reliable and managed information security defense for enterprises.

REGENCY AFFILIATES ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Monday, March 20, 2023

NEW YORK, March 20, 2023 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.25 cents per common share on April 6, 2023, to shareholders of record at the close of trading on March 31, 2023.

Key Points: 
  • NEW YORK, March 20, 2023 /PRNewswire/ -- Regency Affiliates, Inc. (OTC Pink: RAFI) ("Regency") today announced that it will pay a quarterly dividend of 7.25 cents per common share on April 6, 2023, to shareholders of record at the close of trading on March 31, 2023.
  • "We are pleased to declare a quarterly dividend of 7.25 cents per common share reflecting a 3.7% increase over the quarterly dividend declared in March 2022," commented Laurence Levy, Chairman, CEO and CFO of Regency.
  • Pursuant to the terms of the joint venture, Regency earns a 7.5% per annum preferred distribution on its $11.2MM capital contribution.
  • Surplus cash flow after the preferred distribution is allocated 80% to Regency and 20% to SSCP.

Grip Security & The Syndicate Group (TSG) Announce Strategic Investment to Accelerate Channel-Led Growth

Retrieved on: 
Monday, March 13, 2023

The investment helps Grip Security accelerate its channel-led growth strategy and has already spurred partner interest and sales pipelines that have exceeded expectations, setting the company up to overachieve its financial goals.

Key Points: 
  • The investment helps Grip Security accelerate its channel-led growth strategy and has already spurred partner interest and sales pipelines that have exceeded expectations, setting the company up to overachieve its financial goals.
  • TSG has a demonstrated history of investing in disruptive, category-creating companies and helping them accelerate revenue growth.
  • “TSG’s investment should make our phenomenal growth in pipeline and awareness even more impressive, and they are a great partner to help us scale our growth and accelerate our channel partnerships.”
    Driven largely by growth in the channel, Grip Security expects to triple its bookings from the previous fiscal year.
  • “Grip Security is a prime example of the type of startup we endeavor to introduce to our network members.