Greenlight Capital

Greenlight Capital Sends Letter to Special Committee of Vitesco Technologies Regarding Schaeffler AG Tender Offer and Merger Proposal

Retrieved on: 
Monday, November 6, 2023
Technology, EV, Electric Vehicles, Finance, Automotive, Automotive Manufacturing, Professional Services, Manufacturing, Batteries, Asset Management, Step, Capital market, IPO, Sale, Capital, Federal Executive Boards, Depression, History, Continental AG, Greenlight Capital, United Nations Special Committee on Palestine, Conference, Committee, Supervision, Continental, Electrification, EBIT, Multimedia, Growth, Supervisory board, ICE, Negotiation, Letter, Cryptocurrency, Management, Security (finance), Property management, Risk management, Marketing, Schaeffler Group, Vitesco Technologies

Greenlight Capital, Inc. (“Greenlight”), today sent the following letter to the Special Committee of the Supervisory Board of Vitesco Technologies Group AG (“Vitesco”) and Mr. Andreas Wolf, Chairman of the Executive Board and Chief Executive Officer of Vitesco, regarding Schaeffler AG’s (“Schaeffler”) proposed €91.00 per share cash tender offer for all outstanding shares of Vitesco and proposed three-step transaction to merge Vitesco into Schaeffler.

Key Points: 
  • Greenlight Capital, Inc. (“Greenlight”), today sent the following letter to the Special Committee of the Supervisory Board of Vitesco Technologies Group AG (“Vitesco”) and Mr. Andreas Wolf, Chairman of the Executive Board and Chief Executive Officer of Vitesco, regarding Schaeffler AG’s (“Schaeffler”) proposed €91.00 per share cash tender offer for all outstanding shares of Vitesco and proposed three-step transaction to merge Vitesco into Schaeffler.
  • To: Special Committee of the Supervisory Board of Vitesco Technologies Group AG and Mr. Andreas Wolf, Chairman of the Executive Board (CEO)
    Dear members of the Special Committee and Mr. Wolf,
    Funds managed by Greenlight Capital, Inc. and its affiliates collectively hold approximately 3.5% of Vitesco Technologies Group AG (“Vitesco”) shares outstanding.
  • We identified Vitesco as the winner in “Electrification” post spin-off from Continental AG and we have been a supportive long-term shareholder.
  • Vitesco could initiate this spinoff process and aim to implement the spinoff before Schaeffler would have time to propose its undesirable share-for-share merger.

Patriot Gold Group IRA Rollover Applications Soar Due to Stock Market Rout in 2022

Retrieved on: 
Thursday, April 28, 2022
Diamond, Gold, Trustpilot, LIFE, Consumer protection, CEO, IRAS, Decision-making, Jeffries, Investment, China National Gold Group Corporation, Goldman Sachs, Memorial, Better Business Bureau, Retirement, COO, Crash, Fed, Morgan Stanley, NEW, IRA, Top, LINK, Greenlight Capital, GOLD, S & P, Dalio, Seizure, NO, Palantir Technologies, Hedge fund, Risk, Environment, Dave Lepard, OANN, Ourno, Financial adviser, Cryptocurrency, Newsmax

Patriot Gold Group saw record turnout for their NO FEE FOR LIFE IRA for qualifying IRAs.

Key Points: 
  • Patriot Gold Group saw record turnout for their NO FEE FOR LIFE IRA for qualifying IRAs.
  • Patriot Gold Group saw record turnout for their "2021 Inflation Protection America First IRA" with ourNO FEE FOR LIFE IRAfor qualifying IRAs.
  • Patriot Gold Group is also waiving most fees on IRA accounts opened through Monday May 30th2022.
  • Here: FOX23TULSAJACKHANNEY (PLEASE Click on LINK)
    About Patriot Gold GroupPatriot Gold Group ( www.patriotgoldgroup.com ) is a nationwide investment group with more than 50 years of precious metals investing experience.

Gamercraft Adds Alienware Founder and AMD Chief Architect of Gaming Solutions to Board of Directors

Retrieved on: 
Monday, August 9, 2021
Entertainment, Consumer Electronics, Technology, Online, Software, Electronic Games, Hardware, Technology, AMD, Leadership, CEO, Apple Inc., Riot Games, Computer, Solution, Industry, G series, General manager, Greenlight Capital, Growth, Advertising, JJ, League, XPS, View, Director, H.I.G. Capital, Harvard University, Marketing, League of Legends, Board, Video game, Management

Gamercraft announced today that it has appointed Nelson Gonzalez, founder and former CEO of Alienware, the leading gaming PC and hardware brand around the world, and Frank Azor, AMD Chief Architect of Gaming Solutions, to its board of directors, effective immediately.

Key Points: 
  • Gamercraft announced today that it has appointed Nelson Gonzalez, founder and former CEO of Alienware, the leading gaming PC and hardware brand around the world, and Frank Azor, AMD Chief Architect of Gaming Solutions, to its board of directors, effective immediately.
  • They give Gamercraft a strong vision of strategy, growth, and structure, said JJ Garcia-Rovira, CEO of Gamercraft.
  • Being on the forefront of something exciting like this in this space is something that we experienced at Alienware.
  • In the summer of 2019, Azor joined AMD as Chief Architect of Gaming Solutions.

Greenlight Capital Re Schedules Second Quarter 2021 Financial Results and Conference Call

Retrieved on: 
Wednesday, July 21, 2021
Tax, Greenlight Capital, Reinsurance, Cayman Islands

GRAND CAYMAN, Cayman Islands, July 21, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the quarter ended June30, 2021 after the market closes on Tuesday, August3, 2021.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, July 21, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the "Company" or "Greenlight Re"), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the quarter ended June30, 2021 after the market closes on Tuesday, August3, 2021.
  • A live conference call to discuss the financial results will be held on Wednesday, August4, 2021 at 9:00 a.m. Eastern time.
  • The replay of the call may be accessed by dialing 1-877-344-7529 (U.S. toll free) or 1-412-317-0088 (international), access code 10158763.
  • Greenlight Re (www.greenlightre.com) provides multi-line property and casualty reinsurance through its licensed and regulated reinsurance entities in the Cayman Islands and Ireland.

Greenlight Re Innovations Announces Investment in Cargo Visibility and Risk Management Platform Paxafe

Retrieved on: 
Friday, June 4, 2021
Articles, Supply chain management, Economy, Greenlight Capital, Cargo, Academic disciplines, Supply chain, Underwriting, Analytics

GRAND CAYMAN, Cayman Islands, June 04, 2021 (GLOBE NEWSWIRE) -- Greenlight Re Innovations (GRI), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (Greenlight Re or the Company), has announced an investment in Paxafe, Inc. (Paxafe), a supply-chain visibility and analytics platform focused on high value and perishable cargo.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, June 04, 2021 (GLOBE NEWSWIRE) -- Greenlight Re Innovations (GRI), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (Greenlight Re or the Company), has announced an investment in Paxafe, Inc. (Paxafe), a supply-chain visibility and analytics platform focused on high value and perishable cargo.
  • The platform also tracks environmental data such as temperature, humidity, pressure, tilt, shock, and light to identify conditions in which there is an elevated risk of cargo damage.
  • Simon Burton, Chief Executive Officer at Greenlight Re, said, The ability to monitor the location of cargo and its environment in real-time has the potential to transform cargo risk underwriting.
  • Paxafe is a venture-backed startup that predicts adverse supply chain events to de-risk B2B shipments and enables intelligent cargo insurance.

Greenlight Re Announces First Quarter 2021 Financial Results

Retrieved on: 
Wednesday, May 5, 2021
Greenlight Capital

b'GRAND CAYMAN, Cayman Islands, May 05, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (\xe2\x80\x9cGreenlight Re\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today reported its 2021 first quarter financial results.

Key Points: 
  • b'GRAND CAYMAN, Cayman Islands, May 05, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (\xe2\x80\x9cGreenlight Re\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today reported its 2021 first quarter financial results.
  • After a difficult January, we believe the investment environment has turned favorably to our strategy and positioning.\xe2\x80\x9d\nGross written premiums in the first quarter of 2021 were $169.9 million, compared to $109.8 million in the first quarter of 2020.
  • In the first quarter of 2020, the Company recognized net underwriting income of $1.3 million, which incorporated a net financial loss of $3.9 million from adverse prior year development.
  • The combined ratio for the first quarter of 2021 was 101.5%, compared to 98.9% for the first quarter of 2020.\nThe Company\xe2\x80\x99s total investment income during the first quarter of 2021 was $18.7 million.

Green Brick Partners Announces Launch of Secondary Offering of Shares of Common Stock by Selling Stockholders

Retrieved on: 
Monday, January 25, 2021
Financial markets, Finance, Corporate finance, Financial economics, Equity securities, Stock market, Green Brick Partners, Greenlight Capital, Stock, NASDAQ, Common stock

PLANO, Texas, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (Nasdaq: GRBK), a leading national homebuilder and land development company, today announced the commencement of an underwritten public offering (the Offering) of 6,000,000 shares of Green Brick common stock by certain affiliates of Greenlight Capital, Inc. (the Selling Stockholders).

Key Points: 
  • PLANO, Texas, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (Nasdaq: GRBK), a leading national homebuilder and land development company, today announced the commencement of an underwritten public offering (the Offering) of 6,000,000 shares of Green Brick common stock by certain affiliates of Greenlight Capital, Inc. (the Selling Stockholders).
  • In addition, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 900,000 shares of Green Brick common stock.
  • Green Brick is not offering any shares of its common stock in the Offering and will not receive any proceeds from the sale of shares in the Offering.
  • Green Brick also owns a noncontrolling interest in Challenger Homes in Colorado Springs, Colorado and retains interests in related financial services platforms, including Green Brick Title, Providence Group Title, and Green Brick Mortgage.

Greenlight Capital Re, Ltd. Announces Date of Annual Meeting of Shareholders

Retrieved on: 
Tuesday, January 12, 2021
Tax, Shareholders, Meetings, Greenlight Capital, Annual general meeting, Cayman Islands

GRAND CAYMAN, Cayman Islands, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) (Greenlight Re or the Company), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has established May 4, 2021 as the date for its 2021 annual general meeting of shareholders (the Annual Meeting).

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) (Greenlight Re or the Company), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has established May 4, 2021 as the date for its 2021 annual general meeting of shareholders (the Annual Meeting).
  • The time and location of the Annual Meeting will be set forth in the Companys proxy materials.
  • Greenlight Res shareholders of record at the close of business on March 12, 2021, will be entitled to notice of the Annual Meeting and to vote upon matters considered at the Annual Meeting.
  • Greenlight Re will send the notice of the Annual Meeting with the voting instruction form to shareholders of record, along with instructions on how to access materials online that contain important information about the Annual Meeting and the matters to be considered.

Greenlight Capital Re, Ltd. Announces Creation of a UK Marketing Company and the Appointment of Andrew Gladwin

Retrieved on: 
Tuesday, November 24, 2020
Tax, Greenlight Capital, Reinsurance, Cayman Islands

GRAND CAYMAN, Cayman Islands, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (Greenlight Re or the Company), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that it has established a UK marketing company, Greenlight Re Marketing (UK) Limited (Greenlight Re UK), to increase its presence in the London market.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (Greenlight Re or the Company), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that it has established a UK marketing company, Greenlight Re Marketing (UK) Limited (Greenlight Re UK), to increase its presence in the London market.
  • The Company also announced the appointment of Andrew Gladwin as Greenlight Re UKs first employee.
  • Greenlight Re UK will facilitate further growth in this area, said Simon Burton, Greenlight Res Chief Executive.
  • Andy Gladwin is a recognized expert in Marine & Energy reinsurance, with over 30 years of experience in this market.

Investment Conference to Feature Negrete-Gruson, Marks, Reider, Einhorn

Retrieved on: 
Wednesday, August 19, 2020
Finance, Financial services, Investment, David Einhorn, Greenlight Capital, BlackRock, Howard Marks, Oaktree Capital Management

MILWAUKEE, Aug. 19, 2020 /PRNewswire/ --The 12th annual SecureFutures Investment Conference will take place as a virtual event on Monday, September 14, from 3:00 pm - 4:30 pm Central Time.

Key Points: 
  • MILWAUKEE, Aug. 19, 2020 /PRNewswire/ --The 12th annual SecureFutures Investment Conference will take place as a virtual event on Monday, September 14, from 3:00 pm - 4:30 pm Central Time.
  • The conference is recognized as the Midwest's premier annual event for cutting-edge investment thinking.
  • The virtual format will solve the prior-years' demand for seats, limited by venue capacity, and allow additional attendees wealth managers, investment professionals and individual investors from across the county.
  • This year's all-star lineup of speakers includes keynote Maria Negrete-Gruson, Managing Director, Artisan Partners; Howard Marks, Co-Chairman, Oaktree Capital; Rick Rieder, Managing Director, BlackRock; and David Einhorn, President, Greenlight Capital.