NewCo

Endeavor Announces UFC® and WWE® to Form a $21+ Billion Global Live Sports and Entertainment Company

Retrieved on: 
Monday, April 3, 2023
Wrestling, Sports, Entertainment, Online, Events, Concerts, General Entertainment, Martial Arts, TV and Radio, Licensing (Entertainment), LLP, McMahon, Executive, UFC, Kirkland & Ellis, Equity Group Holdings, Endeavor Group Holdings, Latham & Watkins, Goldman Sachs, EDR, WWE, EBITDA, Acquisition, Executive Committee, NewCo, Webcast, Growth, Ecosystem, Paul, Weiss, Rifkind, Wharton & Garrison, NYSE, J. P. Morgan, Video game, Management, Endeavour

Upon close, Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest in the new company.

Key Points: 
  • Upon close, Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest in the new company.
  • “This is a rare opportunity to create a global live sports and entertainment pureplay built for where the industry is headed,” said Ariel Emanuel, CEO of Endeavor.
  • McMahon continued, “Together, we will be a $21+ billion live sports and entertainment powerhouse with a collective fanbase of more than a billion people and an exciting growth opportunity.
  • The transaction values UFC at an enterprise value of $12.1 billion and WWE at an enterprise value of $9.3 billion.

ALJ REGIONAL HOLDINGS, INC. ANNOUNCES A SPECIAL STOCKHOLDER MEETING

Retrieved on: 
Tuesday, April 11, 2023
Agreement, Plan, Shearman & Sterling, OTC Markets Group, Regulation D, ALJ, Legislative Reorganization Act of 1970, Shearman, OTC, Special, NewCo, Corporate action, Holding company

NEW YORK, April 11, 2023 /PRNewswire/ -- ALJ Regional Holdings, Inc. (OTC PINK: ALJJ) (the "Company") announced that it will be holding a special meeting (the "Special Meeting") of stockholders on May 10, 2023 at the offices of Shearman & Sterling LLP, located at 1460 EL Camino Real, 2nd Floor, Menlo Park, CA 94025.

Key Points: 
  • NEW YORK, April 11, 2023 /PRNewswire/ -- ALJ Regional Holdings, Inc. (OTC PINK: ALJJ) (the "Company") announced that it will be holding a special meeting (the "Special Meeting") of stockholders on May 10, 2023 at the offices of Shearman & Sterling LLP, located at 1460 EL Camino Real, 2nd Floor, Menlo Park, CA 94025.
  • A proxy statement containing proposals for the Special Meeting will be mailed to the stockholders as of the record date of the Special Meeting, March 31, 2023, on or about April 13, 2023.
  • The Board unanimously recommends that the stockholders vote "FOR" the proposal to approve the Reorganization and "FOR" each of the other proposals to be voted upon at the Special Meeting.
  • The Company encourages all stockholders to read the proxy statement, mailed to all record holders as of the record date and available on the website of OTC Markets at https://www.otcmarkets.com as well as our website at www.aljregionalholdings.com .

Stellantis and Crédit Agricole Consumer Finance Joint Venture Plans to Acquire Activities of ALD in Portugal and LeasePlan in Luxembourg

Retrieved on: 
Wednesday, March 22, 2023
Acceleration, Partnership, Civil service commission, Czech Republic, ALD, LeasePlan, Sale, FCA Bank, Acquisition, FCA, European Commission, Cryptocurrency, Financial services, Stellantis, Wesley Leasy, NewCo

This announcement constitutes an immediate acceleration of the two companies’ ambitions in mobility and vehicle long-term leasing.

Key Points: 
  • This announcement constitutes an immediate acceleration of the two companies’ ambitions in mobility and vehicle long-term leasing.
  • This announcement follows the partnership agreements between Stellantis and Crédit Agricole Consumer Finance announced in December 2021 regarding the creation of a common NewCo, a European leader in long-term vehicle leasing, and the takeover by Crédit Agricole Consumer Finance of 100% of FCA Bank’s capital.
  • “Together, Leasys and Free2move Lease currently represent a fleet of approximately 828,000 vehicles.”
    Stellantis and Crédit Agricole Consumer Finance also announce the signing of an agreement relating to the sale of ALD’s activities in Ireland, Norway and Portugal, as well as LeasePlan’s activities in the Czech Republic, Finland and Luxembourg.
  • These disposals would take place according to the commitments made by ALD to the European Commission in connection with the proposed acquisition of LeasePlan by ALD.

Appia Signs Letter Agreement to Acquire up to a 70% Interest in a Prospective Brazilian Rare Earths Ionic Clay Project

Retrieved on: 
Tuesday, March 7, 2023
Niobium, Neodymium, US, FSE, Tropical climate, PCH, Terbium, API, Dysprosium, Light, Metal, Date, Fission Uranium Corp., Canadian Securities Exchange, NSR, International joint venture, OEM, LTDA, CSE, Documentation, National instrument, Nature, Transaction, Temperature, REE, National Instrument 43-101, Definitive, Praseodymium, Joint venture, Interest, News, Metallurgy, Letter, Rare-earth element, Security (finance), NewCo, Appia

Appia is very excited to have entered into the Letter Agreement to secure this high potential property in Brazil.

Key Points: 
  • Appia is very excited to have entered into the Letter Agreement to secure this high potential property in Brazil.
  • A number of professional consultants with direct ionic clay expertise have been contacted to bring together a project team suited for this specialized project.
  • Appia will take the next 90 days to complete its due diligence on the properties prior to finalizing this option agreement.
  • "Ionic adsorption clays are the main source of the critical rare earth permanent magnet metals, dysprosium and terbium," stated Stephen Burega, President of Appia.

MitoRx Therapeutics Announces Scientific Advisory Board, Chief Development Officer and Finance Director

Retrieved on: 
Tuesday, March 7, 2023
Maker, GSK plc, Muscular dystrophy, University of Manchester, Therapy, Immunology, Pleasure, Royal Society, SAB, NewCo, Novartis, Neurology, Coronavirus Scientific Advisory Board, Manchester University NHS Foundation Trust, Neuromuscular disease, CDO, Glycogen storage disease, Journal of Specialised Translation, New Year Honours, Genetic distance, Consultant, Innovation, FRS, University, Nuffield Department of Population Health, Professor, Translational medicine, Royal, Keble College, Oxford, Anatomy, Government, Duchenne muscular dystrophy, AstraZeneca, Research, Scientific Advisory Group for Emergencies, NHS foundation trust, Biotechnology, Pharmaceutical industry, Management, Biology, Duchenne, Neuroscience, Child, Evotec

OXFORD, England, March 07, 2023 (GLOBE NEWSWIRE) -- MitoRx Therapeutics (MitoRx), a biotechnology company developing revolutionary therapeutics that reverse mitochondrial dysfunction to arrest the progression of degenerative diseases, announces Christine Charman as Chief Development Officer, David Richardson as Finance Director, and four appointments to its Scientific Advisory Board (SAB): Prof Chas Bountra, Prof Dame Kay Davies, Prof Laurent Servais, and Dr Bernd C Schwahn.

Key Points: 
  • OXFORD, England, March 07, 2023 (GLOBE NEWSWIRE) -- MitoRx Therapeutics (MitoRx), a biotechnology company developing revolutionary therapeutics that reverse mitochondrial dysfunction to arrest the progression of degenerative diseases, announces Christine Charman as Chief Development Officer, David Richardson as Finance Director, and four appointments to its Scientific Advisory Board (SAB): Prof Chas Bountra, Prof Dame Kay Davies, Prof Laurent Servais, and Dr Bernd C Schwahn.
  • He commented on his appointment: “It’s an honour and a pleasure to come together with top international scientific and clinical experts to build the MitoRx Scientific Advisory Board.
  • David Richardson BSc ACMA AMCT brings over 30 years finance experience to his new role as Finance Director.
  • Jonathan Rees PhD, CEO of MitoRx, said, “We are thrilled to welcome our new SAB members, as well as Christine Charman as Chief Development Officer and David Richardson as Finance Director, who together bring a wealth of renowned experience across financial, scientific and clinical backgrounds.

Pet Releaf, the #1 Pet CBD Brand, Sells Out of New Limited Ingredient CBD Shampoos & Conditioners On Day of Launch

Retrieved on: 
Tuesday, March 7, 2023
CBD, Dog, Skin, Scratching, Conditioner, Kelp, Dry, USDA, Entrepreneurship, Parent, Bottled water, Amusement park, Cosmetics, NewCo

DENVER, March 7, 2023 /PRNewswire/ -- After launching their new, award-winning line of CBD shampoos and conditioners in Fall 2022, Pet Releaf, the industry's first and leading plant-based pet CBD brand, saw record interest from retailers and pet parents alike. Less than a day after becoming available, the grooming products sold out.

Key Points: 
  • DENVER, March 7, 2023 /PRNewswire/ -- After launching their new, award-winning line of CBD shampoos and conditioners in Fall 2022, Pet Releaf, the industry's first and leading plant-based pet CBD brand, saw record interest from retailers and pet parents alike.
  • "While we expected the shampoos to be popular, we were thrilled when they were all claimed within the first day."
  • "As expected, we have seen that there is a high demand for all-natural pet shampoo and conditioner.
  • The Pet Releaf team worked hard to restock all four of their Skin & Coat Releaf shampoos and conditioners, which are now available for purchase.

NewCo Capital Group & Capytal.com, Preferred Providers of Working Capital in the Alternative Financing Space Serve as Sponsors of the 2023 Funders Forum

Retrieved on: 
Monday, March 6, 2023
NewCo, Growth, Shark Tank, Small business, FUBU, Brain Tumor Funders' Collaborative, Forum, Working capital, Alternative finance, Cryptocurrency

NewCo Capital Group continues to support Small Business by serving as a Sponsor to The Funders Forum 2023.

Key Points: 
  • NewCo Capital Group continues to support Small Business by serving as a Sponsor to The Funders Forum 2023.
  • For NewCo, Attending the 2023 Funders Forum is our chance to exhibit and teach while forging new partnerships as we continue to scale and grow."
  • The Forum will host some of the top providers of the Alternative Finance and Working Capital space, as well as policymakers and influencers.
  • For more information about the Funders Forum conference or how to register, visit: The Funders Forum 2023

GLAAM, a Revolutionary Architectural Media Glass Manufacturer, to Become Publicly Traded Through Combination with Jaguar Global Growth Corporation I

Retrieved on: 
Thursday, March 2, 2023
Games as a service, Research, DOOH, IR, Public Sector Net Cash Requirement, Investment, Growth, Form F-4, LLP, Sumathi Best Television Current Reporting Award, Form, Marketing, 2018 Winter Olympics, COVID-19, Gateway Group, Advertising, Smartphone, EBITDA, NewCo, Hospital, Webcast, White & Case, LED, Digital, Balance sheet, Security (finance), Partnership, National Medal of Technology and Innovation, Video game, Television, Bank, Financial adviser, Cryptocurrency

MIAMI and SEOUL, South Korea, March 02, 2023 (GLOBE NEWSWIRE) -- GLAAM, Co., Ltd. (“GLAAM” or the “Company”), a leading designer and manufacturer of architectural display glass, and Jaguar Global Growth Corporation I (Nasdaq: JGGC, JGGCR, and JGGCW) (“Jaguar Global”) have entered into a definitive business combination agreement that would result in GLAAM becoming a publicly traded company. As a result of the business combination, GLAAM and Jaguar Global shareholders will exchange their shares for shares in a new combined company (“NewCo”). Upon closing of the transaction, NewCo is expected to be renamed at a later date, and its ordinary shares are expected to be listed on the Nasdaq Stock Market (“Nasdaq”) under a new ticker symbol.

Key Points: 
  • As a result of the business combination, GLAAM and Jaguar Global shareholders will exchange their shares for shares in a new combined company (“NewCo”).
  • GLAAM is the world’s first and only large-scale provider of architectural media glass.
  • The Company manufactures an integrated architectural IT product, G-Glass, that combines architectural glass with customizable, large-scale digital media display capabilities.
  • ft. installation at the View (Cedars Sinai) Hospital in Qatar, which represented the world’s largest transparent media screen.

Leasys and Free2move Lease Consolidation: New Top Leadership Announced

Retrieved on: 
Thursday, March 2, 2023
Chief of staff, PSA Group, Market, Army Institute of Business Administration, Savar, Automatic Performance Control, Communication, Commercial, Business development, Vienna University of Economics and Business, B2B, Finance, CFO, Korea, Paris School of Business, Microsoft mobile services, University, RCI Banque, Bank, NewCo, DIAC, Rolando, Spondyloarthropathy, RRG, FCA Bank, Director general, Head, MBA, ESSEC Business School, RCI, EVP, Marketing, Mobility, FCA, Accounting, Holding company, Management, Airline, Mobile phone, Automotive industry, European, Business, Wesley Leasy, Economics, Stellantis

The mission of the new company is becoming a European leader for mobility services, with a fleet target of one million vehicles by 2026.

Key Points: 
  • The mission of the new company is becoming a European leader for mobility services, with a fleet target of one million vehicles by 2026.
  • A graduate of Paris School of Business (Master in Finance), he entered the RCI Bank and Services group in 1990.
  • In 2015, he was appointed Chief Executive Officer of RRG (Renault Retail Group), Renault’s automobile distribution subsidiary in Europe.
  • He then became Cross-Functional Risk Director at Crédit Mutuel Arkéa, before joining Carrefour Banque in 2020, as Deputy CEO and Group CFO.

Nuvini and Mercato Partners Acquisition Corporation Announce Business Combination Transaction

Retrieved on: 
Monday, February 27, 2023
Food, Software as a service, SAO, Prospectus, Paulo, LLP, Acquisition, Il Mercato, NewCo, B2B, Latham & Watkins, Exercise, SALT, Mayer Brown, Cayman Islands, Software, Security (finance), Financial services, Mercato

The expected funding and capital markets access from the proposed business combination will enable Nuvini to continue furthering its acquisition strategy.

Key Points: 
  • The expected funding and capital markets access from the proposed business combination will enable Nuvini to continue furthering its acquisition strategy.
  • Combined company to have an enterprise value of approximately US$312 million, with the proposed business combination expected to provide approximately US$43 million in gross proceeds, assuming no further redemptions by public stockholders of Mercato Partners Acquisition Corporation.
  • SAO PAULO and SALT LAKE CITY, Feb. 27, 2023 /PRNewswire/ -- Nvni Group Limited ("NewCo") and Mercato Partners Acquisition Corporation, a publicly-listed special purpose acquisition company (Nasdaq: MPRA) ("Mercato"), today announced that they have entered into a business combination agreement by and among NewCo, Nuvini Holdings Limited (with all its subsidiaries, the "Nuvini Group"), Nuvini Merger Sub, Inc. and Mercato (the "business combination agreement").
  • Mercato Partners Acquisition Corporation is a blank check company formed for the purpose of entering into a business combination with one or more businesses.