AS

Western Asset Mortgage Capital Corporation Board Determines AG Mortgage Investment Trust, Inc. Proposal Is Superior to Terra Property Trust, Inc. Merger Agreement

Retrieved on: 
Friday, July 28, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, TPT, Attention, BY, Communication, AS, WHEN, Form 10-K, AND, Sale, Register, Prospectus, Annual report, Superior, ANY, Form, WMC, MITT, NYSE, JOINT, Proxy, Registration statement, Security (finance), Financial adviser

Consistent with its fiduciary duties, the WMC board of directors conducted a thorough and rigorous review of the MITT proposal and the TPT merger agreement before making its determination regarding MITT’s proposal.

Key Points: 
  • Consistent with its fiduciary duties, the WMC board of directors conducted a thorough and rigorous review of the MITT proposal and the TPT merger agreement before making its determination regarding MITT’s proposal.
  • WMC’s merger agreement with TPT remains in full force and effect, and the WMC board has not withdrawn or modified its recommendation regarding the pending transaction with TPT.
  • In accordance with the terms of the merger agreement with TPT, acceptance of a “Parent Superior Proposal” is subject to matching rights of TPT.
  • The joint proxy statement/prospectus will contain important information about WMC, TPT, the proposed TPT Merger and related matters.

AUROBAC THERAPEUTICS welcomes two new independent members to its Board: Manos Perros, as Chairman, and Marco Taglietti

Retrieved on: 
Monday, July 24, 2023
GSK, AS, Fungal infection, D, Independent, Ceftazidime, AND, Global health, Research, AMR, Acinetobacter baumannii, Boehringer Ingelheim, Acquisition, Medicine, Knowledge, Growth, FDA, Therapy, Health, Independent Board for Presbyterian Foreign Missions, Pneumonia, Avibactam, Management, Pharmaceutical industry, Ibrexafungerp

"We are thrilled to welcome Dr Manos Perros as our new Chairman of the Board and Dr Marco Taglietti as an Independent Member” said Frank Kalkbrenner, former Chairman of the Board, representing Boehringer Ingelheim, main shareholder of AUROBAC THERAPEUTICS.

Key Points: 
  • "We are thrilled to welcome Dr Manos Perros as our new Chairman of the Board and Dr Marco Taglietti as an Independent Member” said Frank Kalkbrenner, former Chairman of the Board, representing Boehringer Ingelheim, main shareholder of AUROBAC THERAPEUTICS.
  • His strategic insights and wealth of knowledge in anti-infective drug development will undoubtedly play a pivotal role in steering AUROBAC THERAPEUTICS towards achieving its goals.
  • AUROBAC THERAPEUTICS’ Board now comprises Frank Kalkbrenner and Karl Penz, representing Boehringer Ingelheim, Philippe Archinard, representing bioMérieux, Antonio Felici, representing Evotec SE, Marco Taglietti as Independent Member and Manos Perros as Independent Member and Chairman.
  • With this Board working in collaboration with AUROBAC’s leadership team, AUROBAC THERAPEUTICS is well-positioned to drive innovation, improve patient outcomes, and address the critical global health challenge of antibiotic resistance.

Western Asset Mortgage Capital Corporation to Engage in Discussions With AG Mortgage Investment Trust, Inc.

Retrieved on: 
Tuesday, July 18, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Banking, REIT, Professional Services, Asset Management, Other Construction & Property, Residential Building & Real Estate, TPT, Attention, BY, Communication, AS, WHEN, Form 10-K, AND, Sale, Register, Prospectus, Annual report, Superior, ANY, Form, WMC, MITT, NYSE, JOINT, Proxy, Registration statement, Security (finance)

As a result of the WMC board’s determination, WMC intends to engage in discussions with MITT regarding its proposal, in accordance with the terms of the merger agreement with TPT.

Key Points: 
  • As a result of the WMC board’s determination, WMC intends to engage in discussions with MITT regarding its proposal, in accordance with the terms of the merger agreement with TPT.
  • In accordance with the terms of the merger agreement with TPT, acceptance of a “Parent Superior Proposal” is subject to matching rights of TPT.
  • There can be no assurance that the discussions with MITT will result in a transaction.
  • The joint proxy statement/prospectus will contain important information about WMC, TPT, the proposed TPT Merger and related matters.

Pusan National University Researchers Identify the Drivers of the Projected Non-Uniform Indian Ocean Warming

Retrieved on: 
Tuesday, July 18, 2023
Pressure, AS, Radiation, Doctor of Philosophy, Fishery, Pusan National University, Nature Communications, Research, Temperature, Community Earth System Model, Wind, PNU, Professor, EIO, Weather, Climate change, Society, Agriculture, IO

BUSAN, South Korea, July 18, 2023 /PRNewswire/ -- Climate change is a major global concern today. The world is experiencing a drastic increase in temperatures, both over land and oceans. Although this warming is global, some areas are warming faster than others. This temperature variability, especially over oceans, has far-reaching consequences for the wind and weather systems that will affect societies and ecosystems across continents. Many climate projections using coupled general circulation models reveal a non-uniform warming of the IO, with warming hotspots in the Arabian Sea (AS) and the southeastern IO (SEIO). However, there is little understanding of the mechanisms that can lead to such warming patterns and subsequently affect the weather in adjacent land areas.

Key Points: 
  • Although this warming is global, some areas are warming faster than others.
  • Many climate projections using coupled general circulation models reveal a non-uniform warming of the IO, with warming hotspots in the Arabian Sea (AS) and the southeastern IO (SEIO).
  • To bridge this knowledge gap, a team of researchers from Korea and Japan led by Professor Kyung-Ja Ha from Pusan National University (PNU), Korea, has recently investigated the IO warming patterns using large ensemble simulations.
  • The researchers identified the air–sea interactions in the Eastern IO (EIO)—somewhere near western Indonesia— as a key driver for the warming in the AS.

EQS-News: Evotec and Bristol Myers Squibb enter licence agreement within neuroscience partnership

Retrieved on: 
Tuesday, July 11, 2023
AS, Partnership, SALES, Bristol Myers Squibb, BMY, Patient, ISIN, Frankfurt Stock Exchange, FDA, IND, NYSE, EVO, MDAX, Pharmaceutical industry, Evotec

Evotec and Bristol Myers Squibb originally entered their neurodegeneration partnership in 2016.

Key Points: 
  • Evotec and Bristol Myers Squibb originally entered their neurodegeneration partnership in 2016.
  • Based on this success, Bristol Myers Squibb and Evotec have extended and expanded the partnership for an additional 8 years in March to further broaden and deepen the strategic alliance.
  • Under the licence agreement, Bristol Myers Squibb has selected an undisclosed number of programmes that were rapidly developed and progressed using Evotec’s precision medicine platforms for further development within the expanded collaboration.
  • Dr Cord Dohrmann, Chief Scientific Officer of Evotec, commented: “This licence agreement will further bolster our joint pipeline of programmes targeting several neurodegenerative conditions.

DIGICEL ANNOUNCES PARTIAL REDEMPTION OF SENIOR NOTES DUE 2025 AT NON-OPERATING PARENT ENTITY, DGHL

Retrieved on: 
Wednesday, July 5, 2023
ACT, BY, AS, OR, Disclosure, SELL, ANY, SALE, Knowledge

Readers are cautioned not to place undue reliance on these materials and are referred to the Company's current public disclosure.

Key Points: 
  • Readers are cautioned not to place undue reliance on these materials and are referred to the Company's current public disclosure.
  • This material may contain certain "forward-looking statements" and information relating to the Company and its affiliates that reflects the current views and/or expectations of the Company and its management with respect to future events.
  • Such statements are subject to a number of risks, uncertainties and assumptions.
  • ANY PUBLIC OFFERING OF SECURITIES IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS.

Announcement of solicitation of consents by SODEXO

Retrieved on: 
Monday, July 3, 2023
Electronic voting, Communication, AS, Spin-off, Foodservice, OSS, Adjournment, Extraordinary resolution, Policy, Meeting, Electronic, Growth, The Simpsons Spin-Off Showcase, Proxy, Condition, Benefit, Direct participation program, BRS, Single-crossing condition, Saturday, Information, Series E bond, Food, Spin, Primary Dealer Credit Facility, Fitch, Cross, School, EBITDA, The Sundays, Health, Solicitation, Security (finance), Property management, Communications satellite, Microscope, Clothing, Financial adviser, Bond (finance), Sodexo, Default, Appendix, Bond, Euronext Paris, Series, Issuer

The Consent Solicitation is being made on the terms and subject to the conditions set out in the Consent Solicitation Memorandum dated July 3, 2023 (the “Consent Solicitation Memorandum”).

Key Points: 
  • The Consent Solicitation is being made on the terms and subject to the conditions set out in the Consent Solicitation Memorandum dated July 3, 2023 (the “Consent Solicitation Memorandum”).
  • Capitalised terms used in this announcement but not defined have the meanings given to them in the Consent Solicitation Memorandum.
  • In addition, Bondholders may contact the Solicitation Agents for information at their telephone number and email address set out on the back cover page of the Consent Solicitation Memorandum.
  • The Consent Solicitation Memorandum, each Fiscal Agency Agreement and each Notice of Meeting are available for viewing on the Consent Website.

Terra Property Trust and Western Asset Mortgage Capital Corporation Announce Merger to Form Credit-Oriented Real Estate Investment Trust

Retrieved on: 
Wednesday, June 28, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Banking, REIT, Professional Services, Asset Management, Other Construction & Property, Residential Building & Real Estate, Slate, Agreement, TPT, Attention, BY, LLP, Communication, AS, Partnership, Alston & Bird, WHEN, Form 10-K, AND, Medical Properties Trust, Sale, Register, Mergers and acquisitions, Prospectus, Trust, Skadden, Arps, Slate, Meagher & Flom, Annual report, ANY, Form, WMC, Depreciation, Growth, Section 10 of the Canadian Charter of Rights and Freedoms, Exhibit, CRE, NYSE, JOINT, Proxy, Registration statement, Security (finance), Holding company, Financial adviser, Trandolapril

Under the terms of the Agreement, WMC will issue to TPT stockholders newly designated shares of WMC Class B common stock as merger consideration.

Key Points: 
  • Under the terms of the Agreement, WMC will issue to TPT stockholders newly designated shares of WMC Class B common stock as merger consideration.
  • The joint proxy statement/prospectus will contain important information about WMC, TPT, the proposed merger and related matters.
  • WMC and TPT also expect to file with the SEC other documents regarding the merger.
  • These documents are available free of charge on the SEC’s website and from WMC or TPT, as applicable, using the sources indicated above.

Dr. Jonathan Milner Announces Suspension of Proxy Solicitation

Retrieved on: 
Monday, June 26, 2023
MAKE, ACT, AS, UPON, FOR, TAX, OF, NO, PAST, ITS, TIME, EACH, CARD, DATE, FINANCIAL, FUTURE, AND, IT, III, NORTH, BY, NOT, UPDATE, ALL, THIS, AMERICA, SET, USE, FCA, EUROPEAN UNION, AWARE, EXPRESS, IS, ANY, FAIR, Medical device, Audit, EU

THIS DOCUMENT HAS BEEN ISSUED BY DR. JONATHAN MILNER ("DR. MILNER").

Key Points: 
  • THIS DOCUMENT HAS BEEN ISSUED BY DR. JONATHAN MILNER ("DR. MILNER").
  • DR. MILNER STRONGLY ADVISES ALL SHAREHOLDERS OF THE COMPANY TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS AS THEY BECOME AVAILABLE BECAUSE THEY CONTAIN IMPORTANT INFORMATION.
  • DR. MILNER HAS INVESTMENTS IN THE COMPANY WHICH ARE DISCLOSED IN THE PROXY STATEMENT AND OTHER PROXY MATERIALS, AND CONSEQUENTLY HAS A FINANCIAL INTEREST IN THE PROFITABILITY OF HIS POSITIONS IN THE COMPANY.
  • DR. MILNER HAS NOT SOUGHT OR OBTAINED CONSENT FROM ANY THIRD PARTY TO USE ANY STATEMENTS OR INFORMATION CONTAINED HEREIN.

For Cloud Gaming and Video Hosting, Supermicro Offers MicroCloud, a High-Density 3U 8 Node System Utilizing AMD Ryzen Zen 4 7000 Series Processors

Retrieved on: 
Tuesday, June 20, 2023
Cloud, Cloud gaming, NVM Express, Software development, AS, TDP, Private server, Zen 4, AMD, Storage, PCI Express, SATA3, E-commerce, Marketing, DDR5, Security, SAS, Organization, CPU, Corporation, Series, Memory, Content creation, Total, Scale, IPMI, Video game, Supermicro

SAN JOSE, Calif., June 20, 2023 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, is introducing a new server that gives IT and data center owners a high performance and scalable solution to meet the needs for E-commerce, cloud gaming, code development, content creation, and virtual private servers. The new systems are designed to use AMD Ryzen™ 7000 Series processors optimized for server usage, based on the latest "Zen 4" core architecture, which has a max boost speed of up to 5.7 GHzi, including PCIe 5.0 support, DDR5-5200 MHz, and up to 16 cores (32 threads) per CPU. The new Supermicro MicroCloud is designed to use the latest system technology for a wide range of applications, including web hosting, cloud gaming, and virtual desktop applications.

Key Points: 
  • The new Supermicro MicroCloud is designed to use the latest system technology for a wide range of applications, including web hosting, cloud gaming, and virtual desktop applications.
  • "We are expanding our application optimized server product lines to include the latest AMD Ryzen 7000 Series processors," said Michael McNerney, VP of Marketing and Security, Supermicro.
  • The Supermicro MicroCloud shares cooling and redundant power supplies across the eight blades for a more efficient and uninterrupted operation.
  • "The AMD Ryzen 7000 Series processors set a new standard for performance in a compact form factor for cloud and dedicated hosting environments."