SBIA

SBA Administrator Guzman Announces Important SBIC Program Milestones at White House Convening of Investment Industry Leaders

Retrieved on: 
Thursday, February 15, 2024

Administrator Guzman was joined by over 60 leaders from private investment firms, limited partners, and industry associations.

Key Points: 
  • Administrator Guzman was joined by over 60 leaders from private investment firms, limited partners, and industry associations.
  • Image Description: Administrator Guzman addresses attendees at the White House convening on reforms to SBA’s $42 billion Small Business Investment Company (SBIC) Program.
  • Image Description: Administrator Guzman (L) participates in a panel discussion about reforms to the SBA’s Small Business Investment Company (SBIC) Program.
  • Image Description: Administrator Guzman (C) listens to panelists at the White House convening on reforms to SBA’s $42 billion Small Business Investment Company (SBIC) Program.

Waterfront Technical Services, a Sentar Company, Wins NASA Marshall Space Flight Center Small Business Subcontractor of the Year

Retrieved on: 
Tuesday, November 7, 2023

Sentar Inc. (Sentar), a women-owned small business specializing in advanced cyber intelligence solutions and technology, announced today Waterfront Technical Services (Waterfront), a Sentar company, has been awarded the NASA Marshall Space Flight Center (MSFC) Small Business Subcontractor of the Year.

Key Points: 
  • Sentar Inc. (Sentar), a women-owned small business specializing in advanced cyber intelligence solutions and technology, announced today Waterfront Technical Services (Waterfront), a Sentar company, has been awarded the NASA Marshall Space Flight Center (MSFC) Small Business Subcontractor of the Year.
  • This award qualifies Waterfront for the Agency-Level NASA Small Business Industry Awards (SBIA), facilitated by the NASA Office of Small Business Programs (OSBP), which will be announced in early 2024.
  • Waterfront performs a variety of critical functions in support of MSFC missions and programs including flight and ground operations, data center operations, information technology, software development, and test supporting NASA’s spaceflight missions.
  • “We are honored to be recognized as the NASA Marshall Space Flight Center Small Business Subcontractor of the Year," said Allan McCaleb, Director of Civil Space Programs at Sentar.

Continued Growth: The Copia Group Welcomes Two New Managing Directors

Retrieved on: 
Thursday, March 30, 2023

CHICAGO, March 30, 2023 /PRNewswire/ -- The Copia Group, LLC (TCG), a private investing firm that provides capital solutions to privately held, lower middle market companies while driving impact at scale, today announced the appointment of Todd C. Schneider as Chief Financial Officer and Chief Compliance Officer and Peter W. Washington as Head of Originations. Both will serve as members of TCG's leadership team.

Key Points: 
  • "We are thrilled to have Todd and Peter join our leadership team," said Shundrawn A. Thomas, Founder and Managing Partner at The Copia Group.
  • "Combined, they bring over 50 years of combined experience to TCG, and they both will play integral roles in the firm moving forward.
  • Todd's extensive background in financial and operational management coupled with Peter's deep experience lending to middle market companies across industry verticals is a winning combination.
  • "I am extremely excited to be joining Shundrawn, Anthony, and the rest of the impressive team at TCG," added Schneider.

Sheaff Brock Reviews Chip Stocks' Potential Trading Opportunities

Retrieved on: 
Friday, September 9, 2022

INDIANAPOLIS, Sept. 9, 2022 /PRNewswire/ -- Sheaff Brock CIO Dave Gilreath explores chip stocks and their possible trading opportunities in an article for Financial Advisor Magazine, "Why Chip Stocks Are a Near- and Long-Term No-Brainer."

Key Points: 
  • These projections are linked with extremely high confidence in the industryat an all-time high, KPMG reportsregarding performance this year.
  • The highly digital focus of the United States should continue to drive demand for chip stocks, keeping tech as a market driver.
  • Sheaff Brock is an SEC-registered, fee-only independent investment firm striving to enhance portfolios of growth- and income-oriented investors, managing $1.0 billion in assets nationwide as of 6/30/2022.
  • Sheaff Brock Investment Advisors, LLC ("SBIA") is an SEC-registered investment advisor founded in 2001.

SoftBank Group Operator School Launches Series Focused on the Foundations and Applications of Web3

Retrieved on: 
Thursday, June 9, 2022

SoftBank Groups Operator School (SBOS) today announced that registration is open for its entrepreneurial education program, launching June 20, 2022.

Key Points: 
  • SoftBank Groups Operator School (SBOS) today announced that registration is open for its entrepreneurial education program, launching June 20, 2022.
  • The program will include lessons from more than 20 experienced entrepreneurs, operators and investors who are shaping Web3, reflecting the growing role of decentralized technologies in the latest wave of innovation.
  • The SoftBank Group Operator School delivers content to help accelerate the growth of technology startups and this time it will focus on the foundations of blockchain and crypto and the opportunities Web3 unlocks, said Laura Gaviria Halaby, Operating Lead, SoftBank Latin America Funds.
  • The SoftBank Group invests in breakthrough technology to improve the quality of life for people around the world.

Symbotic Becomes a Publicly Traded Company Through Completion of Business Combination with SoftBank-Sponsored SVF Investment Corp. 3

Retrieved on: 
Tuesday, June 7, 2022

Symbotic LLC, a leader in A.I.-enabled robotics automation technology, today announced the completion of its business combination with SVF Investment Corp. 3 (NASDAQ: SVFC) (SVFC), a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers, to become a publicly traded company.

Key Points: 
  • Symbotic LLC, a leader in A.I.-enabled robotics automation technology, today announced the completion of its business combination with SVF Investment Corp. 3 (NASDAQ: SVFC) (SVFC), a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers, to become a publicly traded company.
  • The business combination was approved at a special meeting of SVFC shareholders held on June 3, 2022.
  • We are thrilled to complete our business combination with Symbotic, said Yanni Pipilis, Chairman and CEO of SVF Investment Corp. 3 and Managing Partner for SoftBank Investment Advisers.
  • SVF Investment Corp. 3 is a blank check company formed by an affiliate of SoftBank Investment Advisers (SBIA).

a.i. solutions® Named 2021 NASA Agency Large Business Prime Contractor of the Year

Retrieved on: 
Thursday, June 2, 2022

solutions has been named the Large Business Prime Contractor of the Year by the National Aeronautics and Space Administration (NASA) in the Agency's 2021 Small Business Industry Awards (SBIA) program.

Key Points: 
  • solutions has been named the Large Business Prime Contractor of the Year by the National Aeronautics and Space Administration (NASA) in the Agency's 2021 Small Business Industry Awards (SBIA) program.
  • The other three Agency award categories are Small Business Prime Contractor of the Year, Small Business Subcontractor of the Year, and Mentor-Protg Agreement of the Year.
  • solutions, who had previously been a recipient of the award in 2018, as well as a recipient of the 2018 NASA KSC Large Business Prime Contractor of the Year, and in recent history, was the recipient of the 2014 NASA Agency Small Business Prime Contractor Award for its work at NASA KSC and the 2010 NASA Agency Small Business Prime Contractor Award for its work at Goddard Space Flight Center.
  • The SBIA program, managed by NASA's Office of Small Business Programs, recognizes outstanding contractors that support NASA in achieving its mission.

Symbotic Reports Fiscal Year 2022 Second Quarter Results

Retrieved on: 
Tuesday, May 10, 2022

Symbotic LLC, a revolutionary A.I.-enabled technology platform for the supply chain, today announced financial results for its parent entity, Warehouse Technologies LLC, and subsidiaries (collectively referred to as Symbotic) for the second quarter of fiscal 2022, ended March 26, 2022.

Key Points: 
  • Symbotic LLC, a revolutionary A.I.-enabled technology platform for the supply chain, today announced financial results for its parent entity, Warehouse Technologies LLC, and subsidiaries (collectively referred to as Symbotic) for the second quarter of fiscal 2022, ended March 26, 2022.
  • Symbotic posted revenue of $96.3 million, adjusted EBITDA of $(26.2) million and a quarterly net income of $(29.9) million for the second quarter of fiscal 2022.
  • In the same period of fiscal 2021, Symbotic had revenue of $23.2 million, adjusted EBITDA of $(26.0) million and a quarterly net income of $(26.9) million.
  • We achieved 315% year-over-year and 25% sequential revenue growth with a record level of gross profit in the second quarter of 2022.

SVF Investment Corp. 3 Announces Effectiveness of Registration Statement for Business Combination with Symbotic

Retrieved on: 
Tuesday, May 10, 2022

SAN CARLOS, Calif., May 10, 2022 /PRNewswire/ -- SVF Investment Corp. 3, a special purpose acquisition company (the "Company" or "SVF") (NASDAQ: SVFC), announced today that the U.S. Securities and Exchange Commission (the "SEC"), has declared effective its Registration Statement on Form S-4 (as amended, the "Registration Statement"), which includes a proxy statement/prospectus in connection with its previously announced proposed business combination (the "Business Combination") with Symbotic LLC ("Symbotic"), through its parent entity Warehouse Technologies LLC.

Key Points: 
  • SVF and Symbotic expect to close the Business Combination promptly after the Special Meeting, subject to SVF's shareholder approval and other customary closing conditions.
  • Following the consummation of the Business Combination, the post business combination company, to be named Symbotic Inc., will begin trading on Nasdaq under the ticker "SYM."
  • SVF Investment Corp. 3 is a blank check company formed by an affiliate of SoftBank Investment Advisers ("SBIA").
  • This communication is being made in respect of the proposed Business Combination involving SVF and Symbotic.

Fanatics Announces Appointment of Lydia Jett and Jonathan Mildenhall to Board of Directors

Retrieved on: 
Thursday, May 5, 2022

Fanatics, a leading global digital sports platform, today announced the appointment of preeminent fintech, e-commerce and marketing executives Lydia Jett and Jonathan Mildenhall to its board of directors.

Key Points: 
  • Fanatics, a leading global digital sports platform, today announced the appointment of preeminent fintech, e-commerce and marketing executives Lydia Jett and Jonathan Mildenhall to its board of directors.
  • Fanatics is in the midst of incredible transformation and the deep expertise and insight that Lydia and Jonathan both bring to the board will be vital as we unlock a new digital experience for sports fans globally, said Fanatics CEO Michael Rubin.
  • In addition to Fanatics, both Lydia and Jonathan serve as members on several company boards.
  • Jonathan Mildenhall co-founded TwentyFirstCenturyBrand, the influential brand-building and marketing consultancy firm, in 2018, and serves as the company's Executive Chairman.