Business analyst

Pono Capital Three, Inc. Receives Shareholder Approval of the Business Combination with Horizon Aircraft

Retrieved on: 
Friday, January 5, 2024

HONOLULU and TORONTO, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, and Pono Capital Three, Inc. (“Pono”) (Nasdaq: PTHR), a publicly-traded special purpose acquisition company, today announced that Pono’s shareholders voted to approve the previously announced business combination between Pono and Horizon Aircraft (the “Business Combination”), at the extraordinary general meeting (the “Special Meeting”) of Pono’s shareholders held on January 4, 2024.

Key Points: 
  • HONOLULU and TORONTO, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, and Pono Capital Three, Inc. (“Pono”) (Nasdaq: PTHR), a publicly-traded special purpose acquisition company, today announced that Pono’s shareholders voted to approve the previously announced business combination between Pono and Horizon Aircraft (the “Business Combination”), at the extraordinary general meeting (the “Special Meeting”) of Pono’s shareholders held on January 4, 2024.
  • Voters representing over 81.1% of the issued and outstanding ordinary shares of Pono cast votes in favor of the proposal in connection with the business combination at the Special Meeting.
  • In connection with the Special Meeting, shareholders holding an aggregate of 11,476,685, or 99%, of Pono Class A ordinary shares (the “Pono Class A Shares”) exercised their right to redeem their Pono Class A Shares.
  • Upon closing of the Business Combination, the post-closing company will be renamed “New Horizon Aircraft Ltd.” and will continue to do business as “Horizon Aircraft” with its common stock and warrants trading on The Nasdaq Stock Market, LLC (“Nasdaq”) under the ticker symbols “HOVR” and “HOVRW,” respectively.

Vintage Wine Estates Names Ryan Watson as Chief Marketing Officer

Retrieved on: 
Thursday, January 4, 2024

Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S., today announced the appointment of Ryan Watson as Chief Marketing Officer (“CMO”).

Key Points: 
  • Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S., today announced the appointment of Ryan Watson as Chief Marketing Officer (“CMO”).
  • Mr. Watson joins VWE with nearly 20 years’ experience in global, data-driven, consumer-oriented marketing and transformational strategies in both B2B and B2C verticals across a variety of industries.
  • Seth Kaufman, President and Chief Executive Officer, commented, “We are thrilled to welcome Ryan to our executive team to lead our efforts in creating a consumer-focused enterprise that can deliver sustainable growth.
  • Prior to BCG, Mr. Watson had a unique career path spanning Amazon, Kraft Heinz, Tesco, and two high-growth consumer companies.

Medlogix Announces that Melissa Dillingham has Joined its National Account Management Team!

Retrieved on: 
Wednesday, January 3, 2024

HAMILTON, N.J., Jan. 3, 2024 /PRNewswire/ -- Medical claims management innovator Medlogix, today announced that Melissa Dillingham has joined the organization as Assistant Vice President of National Accounts.

Key Points: 
  • HAMILTON, N.J., Jan. 3, 2024 /PRNewswire/ -- Medical claims management innovator Medlogix, today announced that Melissa Dillingham has joined the organization as Assistant Vice President of National Accounts.
  • Melissa brings nearly 30 years of experience in the property and casualty and medical claims management market where she served in various National Account Management and Business Analyst roles.
  • Melissa prides herself in the long-standing relationships she has developed over the years and bringing value to the customers that she serves.
  • "We are thrilled to welcome Melissa to our National Account Management team," said Medlogix President, Craig Goldstein.

Noventiq and Corner Growth Acquisition Corp. File Form F-4 Ahead of Proposed Nasdaq Listing

Retrieved on: 
Tuesday, January 2, 2024

Noventiq recently entered into a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS).

Key Points: 
  • Noventiq recently entered into a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS).
  • As part of its investment in AI technologies, Noventiq recently launched Weaver Peer, a knowledge-based AI assistant, designed and built in-house by Noventiq subsidiary, Intellya.
  • On May 4, 2023, Noventiq and Corner Growth entered into a business combination agreement that is expected to result in the combined company (“Combined Company”) being listed on Nasdaq under the symbol “NVIQ”.
  • This communication relates to the proposed Business Combination between Noventiq and Corner Growth.

Pomvom Ltd. and Israel Acquisitions Corp. Announce Definitive Business Combination Agreement, Bringing the Leading Experiential Content Company to the Nasdaq

Retrieved on: 
Tuesday, January 2, 2024

TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").

Key Points: 
  • TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").
  • The combined company will trade on the Nasdaq and leverage Pomvom's leading technology augmented with the expertise of the ISRL team.
  • Pomvom serves many of the largest theme park and attraction operators globally, including, parent companies Six Flags, Warner Bros., and Merlin Entertainment.
  • Pomvom's launch of digital content across its partner sites is expected to leverage its new online platform and accelerate long-term growth.

Pomvom Ltd. and Israel Acquisitions Corp. Announce Definitive Business Combination Agreement, Bringing the Leading Experiential Content Company to the Nasdaq

Retrieved on: 
Tuesday, January 2, 2024

TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").

Key Points: 
  • TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").
  • The combined company will trade on the Nasdaq and leverage Pomvom's leading technology augmented with the expertise of the ISRL team.
  • Pomvom serves many of the largest theme park and attraction operators globally, including, parent companies Six Flags, Warner Bros., and Merlin Entertainment.
  • Pomvom's launch of digital content across its partner sites is expected to leverage its new online platform and accelerate long-term growth.

Pinstripes Completes Business Combination with Banyan Acquisition Corporation and Will Begin Trading on New York Stock Exchange

Retrieved on: 
Friday, December 29, 2023

Pursuant to the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. (together with Pinstripes, Inc, “Pinstripes”).

Key Points: 
  • Pursuant to the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. (together with Pinstripes, Inc, “Pinstripes”).
  • Pinstripes’ Class A common stock and warrants will begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.
  • In connection with the Business Combination, Pinstripes has raised more than $70 million in gross proceeds to support the Company’s strategic growth plans and the opening of additional locations.
  • Completing our business combination with Banyan and introducing Pinstripes to the public markets is a tremendous achievement and the next chapter in our business journey,” said Mr. Schwartz.

Zoomcar, the World’s Largest Emerging Market Focused Car Sharing Platform, Announces Completion of its Business Combination with Innovative International Acquisition Corporation (IOAC) and Anticipated Nasdaq Listing

Retrieved on: 
Thursday, December 28, 2023

IOAC’s shareholders approved the Business Combination, among other related matters, at an extraordinary general meeting held on December 19, 2023.

Key Points: 
  • IOAC’s shareholders approved the Business Combination, among other related matters, at an extraordinary general meeting held on December 19, 2023.
  • Greg Moran, CEO and Co-Founder of Zoomcar commented, “We’re thrilled to announce this exciting milestone in Zoomcar’s nearly decade long company journey.
  • This marks the beginning of an important new phase in our company’s growth as we embark on reaching new heights for our emerging market focused peer2peer car sharing platform.
  • Lincoln International acted as financial advisor to the special committee of the board of directors of Innovative (the “Special Committee”).

PSI Group, a Long-Established Global Logistics Service Provider, Plans to List on Nasdaq Through Merger with AIB Acquisition Corporation

Retrieved on: 
Thursday, December 28, 2023

PSI is one of the renowned air freight forwarding specialists in Hong Kong, providing global logistics and supply chain service to clients of various industries, including postal operators, e-Commerce merchants, senders and consignees.

Key Points: 
  • PSI is one of the renowned air freight forwarding specialists in Hong Kong, providing global logistics and supply chain service to clients of various industries, including postal operators, e-Commerce merchants, senders and consignees.
  • Founded in 1993, the company is headquartered in Hong Kong with a global network, operating through its subsidiaries, namely Profit Sail Int’l Express (H.K.)
  • The company is managed and run by a group of professionals with over 30 years of combined expertise in the logistics and air/ocean freight industries.
  • Cooley LLP is serving as U.S. legal advisor, and Ogier is serving as Cayman Islands legal advisor to PSI in connection with the Business Combination.

Horizon Aircraft and Pono Capital Three, Inc. Announce Effectiveness of Form S-4 Registration Statement and Date of Pono’s Special Meeting to Approve Business Combination

Retrieved on: 
Wednesday, December 27, 2023

TORONTO, Canada and HONOLULU, Hawaii, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., d/b/a Horizon Aircraft (“Horizon Aircraft” or the “Company”), a hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, and Pono Capital Three, Inc. (NASDAQ: PTHR, PTHRU and PTHRW) (“Pono”), a special purpose acquisition company, today announced that the Securities and Exchange Commission (“SEC”) has declared effective the Registration Statement on Form S-4 (“Registration Statement”) in connection with Horizon Aircraft and Pono’s proposed business combination (the “Business Combination”), which was previously announced on August 15, 2023. The Registration Statement provides important information about Horizon Aircraft, Pono and the Business Combination.

Key Points: 
  • The Registration Statement provides important information about Horizon Aircraft, Pono and the Business Combination.
  • Pono has filed a definitive proxy statement/prospectus with the SEC relating to the Business Combination and has commenced mailing the definitive proxy statement/prospectus to its shareholders as of the Record Date.
  • The Business Combination is expected to close shortly after the special meeting of the shareholders of Pono, subject to the approval of the shareholders of Pono at the meeting and the satisfaction of other closing conditions.
  • “The short timeline in which we accomplished this milestone is a direct testament to the hard work and dedication of the Horizon Aircraft and Pono teams,” said Brandon Robinson, Chief Executive Officer of Horizon Aircraft.