Hypothec

Ault Alliance Announces Agreement to Sell $10.0 Million Stated Value of Convertible Preferred Stock

Retrieved on: 
Wednesday, March 29, 2023
Professional Services, Other Professional Services, Technology, Cryptocurrency, Other Technology, Finance, Fintech, Common stock, Hypothec, Bangladesh Securities and Exchange Commission, Sale, NYSE, Common, Security (finance), Series

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase an aggregate of 100,000 shares of preferred stock of the Company, consisting of (i) 83,000 shares of Series E Convertible Preferred Stock (the “Series E Preferred Stock”), (ii) 1,000 shares of Series F Convertible Preferred Stock (the “Series F Preferred Stock”) and (iii) 16,000 shares of Series G Convertible Preferred Stock (the “Series G Preferred Stock” and collectively, the “Preferred Shares”).

Key Points: 
  • Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase an aggregate of 100,000 shares of preferred stock of the Company, consisting of (i) 83,000 shares of Series E Convertible Preferred Stock (the “Series E Preferred Stock”), (ii) 1,000 shares of Series F Convertible Preferred Stock (the “Series F Preferred Stock”) and (iii) 16,000 shares of Series G Convertible Preferred Stock (the “Series G Preferred Stock” and collectively, the “Preferred Shares”).
  • Each share of Series E Preferred Stock and Series F Preferred Stock has a purchase price of $100.00, equal to each such share’s stated value.
  • The Series E Preferred Stock and Series F Preferred Stock permits the holders thereof to vote together with the holders of the Company’s common stock on a proposal to effectuate a reverse stock split of the Common Stock.
  • The Series F Preferred Stock permits the holder to cast 100,000 votes per share of Series F Preferred Stock on such proposal, provided, that such votes must be cast in the same proportions as the shares of Common Stock, the Company’s existing Series B preferred stock and the Series E Preferred Stock are voted on that proposal (excluding any shares of Common Stock that are not voted on the proposal).

ALLIED COPPER ANNOUNCES PROPOSED NAME CHANGE TO VOLT LITHIUM CORP, ADDITION OF NEW BOARD MEMBER AND VOLUNTARY LOCK-UP AGREEMENTS WITH FORMER VOLT SHAREHOLDERS

Retrieved on: 
Wednesday, March 22, 2023
Lithium, TSX Venture Exchange, University, Marketing, Consultant, Model Business Corporation Act, Hypothec, University of Saskatchewan, OTCQB, Electrical engineering, Social media, Manager, Organization, Gas, Publication, Proxy, Engineering, Capital, SEDAR, Radio, Growth, CPR, News, Volt, Corporate development, Holding company, Security (finance), Primoris Services Corporation, Associate

In addition to shareholder approval, the name change and continuance matters will be subject to approval by the TSX Venture Exchange.

Key Points: 
  • In addition to shareholder approval, the name change and continuance matters will be subject to approval by the TSX Venture Exchange.
  • With respect to Mr. Dumba’s proposed election as a director, Alex Wylie, President of Allied and founder of Allied’s lithium-brine subsidiary, Volt commented, “Mr.
  • Mr. Dumba has worked in the global Oil & Gas industry and lived in various location in Canada and the US.
  • The fees paid by the Company to each of the Consultants are solely for the services provided by each Consultant.

Restricted Stock Award Agreement

Retrieved on: 
Monday, March 13, 2023
Plan, Effective date, Causality, Secretary of State of Indiana, Retirement, Companies (1st Amendment) Act, 2015, Committee, Judgement, Haynes International, State, Agreement, Grant (law), Award share, Restricted, Hypothec, Disability, Section 5, Tax, Section 5 of the Indian Limitation Act, Trustee, Indian psychology, Compensated emancipation, Lease, Security (finance), Holding company, Real estate

For this purpose, the Compensation Committee of the Company's Board of Directors ("Committee") has granted the Grantee restricted shares of common stock of Company, subject to the terms and conditions provided in this Restricted Stock Award Agreement ("Agreement") and the Haynes International, Inc. 2020 Incentive Compensation Plan (the "Plan").

Key Points: 
  • For this purpose, the Compensation Committee of the Company's Board of Directors ("Committee") has granted the Grantee restricted shares of common stock of Company, subject to the terms and conditions provided in this Restricted Stock Award Agreement ("Agreement") and the Haynes International, Inc. 2020 Incentive Compensation Plan (the "Plan").
  • The Company hereby grants the Grantee 1400 shares of common stock of the Company ("Award Shares"), which Award Shares shall be subject to the terms, conditions and restrictions specified in this Agreement and the Plan.
  • Concurrently with the execution of this Agreement, (i) the Company shall deliver to the Grantee a certificate, registered in the Grantee's name, representing the Restricted Shares, and (ii) the Grantee shall deliver to the Company a duly executed stock power, endorsed in blank, relating to the Restricted Shares.
  • Following the vesting of all Restricted Shares subject to this Agreement, or earlier, if requested by the Grantee, the Company shall issue an appropriate certificate for those Restricted Shares that have become vested.

I-ON Digital Corp. Discusses Innovative Precious Metals Digitalization Ecosystem with The Stock Day Podcast

Retrieved on: 
Wednesday, February 15, 2023
Montoya, Interview, Hypothec, Copper, Ecosystem, Gold, Rhodium, Mining, OTCQB, Cryptocurrency, Cassette tape

CEO of the Company, Carlos Montoya, joined Stock Day host Everett Jolly.

Key Points: 
  • CEO of the Company, Carlos Montoya, joined Stock Day host Everett Jolly.
  • "What benefits does your precious metals digitalization ecosystem provide to address the growing market awareness surrounding coins, stable coins, and cryptocurrency?"
  • "The whole idea here is to create a fluid, value placeholder for precious metal assets focused in gold," said Montoya, adding that the ecosystem could also work with rare earth metals.
  • "The ecosystem allows you to capture an independent custody for buy, sell, trade, transfer, pledge, or hypothecation."

Creatd Approved to Begin Trading on Upstream February 14th, 2023

Retrieved on: 
Tuesday, February 7, 2023
Horizon, Non-fungible token, CRTD, USD, PayPal, Hypothec, USDC, OTCQB, NFT, Cryptocurrency, Security (finance), Blockchain, Upstream

Trading begins on Upstream on February 14, 2023, at 10:00am ET under the ticker symbol CRTD.

Key Points: 
  • Trading begins on Upstream on February 14, 2023, at 10:00am ET under the ticker symbol CRTD.
  • Upon the completion of the listing, Creatd management and other key investors have committed to transferring securities to the Upstream exchange to create liquidity and support the Company's dual listing objectives.
  • The Company recommends investors take advantage of this unique opportunity to create transparency and help control abusive trading practices.
  • We are excited to announce Creatd's approval to dually-list on Upstream and begin trading on February 14th, 2023."

D-BOX Technologies Reports First Quarter and Improves Liquidity Position

Retrieved on: 
Wednesday, August 12, 2020
Property law, Money, Finance, Economy, Banking, Bankruptcy, Financial markets, Hypothec, Mortgage, Market liquidity, Security interest

This line of credit will be renewable annually and will bear interest at prime rate plus 3.25%.

Key Points: 
  • This line of credit will be renewable annually and will bear interest at prime rate plus 3.25%.
  • The loan will be secured by second-ranking hypothec and security interests on all assets of the Corporation and its U.S. subsidiary.
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  • We will continue to monitor closely our liquidity, apply for support programs, and remain diligent on any spending.
  • Partners such as SimLab, Vesaro, RSeat, VRX and Sim Seats, generated an increase in D-BOX system sales during the quarter.

D-BOX Technologies Reports Fiscal Year and Fourth Quarter 2020 Results

Retrieved on: 
Saturday, July 4, 2020
Property law, Law, Economy, Money, Bankruptcy, Banking, Civil law, Hypothec, Mortgage, Security interest

This line of credit will be renewable annually and will bear interest at prime rate plus 3.25%.

Key Points: 
  • This line of credit will be renewable annually and will bear interest at prime rate plus 3.25%.
  • The loan will be secured by second-ranking hypothec and security interests on all assets of the Corporation and its U.S. subsidiary.
  • On March 11, 2020, the World Health Organization declared coronavirus (COVID-19) a global pandemic.
  • The financial information relating to the fiscal year and fourth quarter ended March 31,2020 should be read in conjunction with the Corporations audited consolidated financial statements.

Emergia Inc. Provides Update on its $15M Private Placement of Units and Announces the Issuance of a $4,4M Convertible Debenture

Retrieved on: 
Thursday, February 20, 2020
Economy, Finance, Money, Corporate finance, Property law, Debenture, Debt, Hypothec, Mortgage loan, Convertible security

The Corporation is pleased to announce that the Private Placement remains in progress due to continued investor interest, and any closing has been extended until March 31, 2020.

Key Points: 
  • The Corporation is pleased to announce that the Private Placement remains in progress due to continued investor interest, and any closing has been extended until March 31, 2020.
  • The Debenture and the interest are convertible into Common Shares of the Corporation at a conversion price of $1.00 per Common Share.
  • The Debenture will be secured by a hypothec over specific assets that were already mortgaged to secure the RBC line of credit.
  • Closing is subject to customary closing conditions, including the approval of the regulatory authorities and completion of all legal documentation.

D-BOX Signs New $5 Million Secured Loan Agreement With National Bank of Canada

Retrieved on: 
Wednesday, July 31, 2019
Economy, Finance, Money, Property law, Banking, S&P/TSX 60 Index, Financial law, Credit, Hypothec, Line of credit, Security interest, Toronto Stock Exchange

LONGUEUIL, Quebec, July 31, 2019 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (TSX:DBO), a leader in innovative motion technology, today announced that it has entered into a loan agreement with National Bank of Canada pursuant to which a three-year secured revolving credit facility of $5.0 million has been made available to D-BOX.

Key Points: 
  • LONGUEUIL, Quebec, July 31, 2019 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (TSX:DBO), a leader in innovative motion technology, today announced that it has entered into a loan agreement with National Bank of Canada pursuant to which a three-year secured revolving credit facility of $5.0 million has been made available to D-BOX.
  • The credit facility is secured by a hypothec and security interests on all of the assets of D-BOX and its wholly-owned USsubsidiary.
  • We firmly believe that the National Bank of Canada is a financial partner that is an advocate to Canadian innovation and is committed to support our expansion.
  • D-BOX disclaims any intent or obligation to publicly update these forwardlooking statements, whether as a result of new information, future events or otherwise.