SP Plus Corporation

Duncan Solutions Appoints Jason Sutton as Senior Vice President, Parking and Mobility Solutions

Retrieved on: 
Tuesday, April 9, 2024

HORSEHEADS, N.Y., April 09, 2024 (GLOBE NEWSWIRE) -- Duncan Solutions, a full-service transportation management company and a leading provider of parking and tolling management solutions, is pleased to welcome Jason Sutton as Senior Vice President, Parking and Mobility Solutions.

Key Points: 
  • HORSEHEADS, N.Y., April 09, 2024 (GLOBE NEWSWIRE) -- Duncan Solutions, a full-service transportation management company and a leading provider of parking and tolling management solutions, is pleased to welcome Jason Sutton as Senior Vice President, Parking and Mobility Solutions.
  • “Jason brings decades of experience and an established track record of driving innovation in our industry,” says James Kennedy, Chief Operating Officer, Duncan Solutions.
  • “His forward-looking thought leadership will be invaluable as we continue growing our business, serving our clients, evolving our solutions, expanding our partnerships, and redefining mobility for motorists nationwide.”
    “I am very excited to join Team Duncan,” says Sutton.
  • Duncan Solutions also announces the departure of Marc Lucey, who had been with the company since 2012.

TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024

TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023 and the declaration by its Board of Directors of its first quarter 2024 distribution of $0.40 per share.

Key Points: 
  • TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023 and the declaration by its Board of Directors of its first quarter 2024 distribution of $0.40 per share.
  • ”Venture capital markets continued to be challenging in the fourth quarter,” said Jim Labe, chairman and chief executive officer of TPVG.
  • The return on average equity for the fourth quarter was 18.3% based on net investment income.
  • The following table shows the total portfolio investment activity for the three months and years ended December 31, 2023 and 2022:

SP Plus Stockholders Approve Merger With Metropolis Technologies

Retrieved on: 
Monday, February 12, 2024

CHICAGO, Feb. 12, 2024 (GLOBE NEWSWIRE) -- SP Plus Corporation (“SP+”) (NASDAQ: SP) today announced that at its special meeting of stockholders held on February 9, 2024 (the “Special Meeting”), SP+ stockholders voted to approve the previously announced Agreement and Plan of Merger, dated as of October 4, 2023, by and among Metropolis Technologies, Inc. (“Metropolis”), Schwinger Merger Sub Inc., a direct, wholly owned subsidiary of Metropolis (“Merger Sub”) and SP+ (the “Merger Agreement”), pursuant to which Merger Sub will merge with and into SP+ (the “Merger”), with SP+ surviving the Merger as a wholly owned subsidiary of Metropolis.

Key Points: 
  • CHICAGO, Feb. 12, 2024 (GLOBE NEWSWIRE) -- SP Plus Corporation (“SP+”) (NASDAQ: SP) today announced that at its special meeting of stockholders held on February 9, 2024 (the “Special Meeting”), SP+ stockholders voted to approve the previously announced Agreement and Plan of Merger, dated as of October 4, 2023, by and among Metropolis Technologies, Inc. (“Metropolis”), Schwinger Merger Sub Inc., a direct, wholly owned subsidiary of Metropolis (“Merger Sub”) and SP+ (the “Merger Agreement”), pursuant to which Merger Sub will merge with and into SP+ (the “Merger”), with SP+ surviving the Merger as a wholly owned subsidiary of Metropolis.
  • Under the terms of the Merger Agreement, SP+ stockholders will be entitled to receive $54.00 per share in cash, without interest and subject to any required tax withholding, at the closing of the Merger.
  • Approval by SP+’s stockholders satisfies one of the conditions necessary for completion of the Merger.
  • SP+ and Metropolis will continue to cooperate fully with the DOJ in its review.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SP, PCTI, OLK

Retrieved on: 
Sunday, November 12, 2023

If you are a SP® Plus shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a SP® Plus shareholder, click here to learn more about your rights and options .
  • If you are a PCTEL shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

HOONIGAN APPOINTS VANCE JOHNSTON AS PRESIDENT TO LEAD THE COMPANY IN ITS NEXT PHASE OF GROWTH AND ANNOUNCES RETIREMENT OF RANDY WHITE AS CEO

Retrieved on: 
Tuesday, December 12, 2023

DENVER and SANTA MONICA, Calif., Dec. 11, 2023 /PRNewswire/ -- Hoonigan (the "Company"), a provider of high-performance aftermarket vehicle enhancements backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced that the Company's Board of Directors (the "Board") has appointed Vance Johnston as President and Chief Operating Officer. In his new role, Johnston will report exclusively to the Board and will manage all aspects of Hoonigan's operations as the Company continues to execute its strategic vision.

Key Points: 
  • He succeeds Co-Founder and former Chief Executive Officer Randy White, who announced his retirement after almost 30 years of driving the Company and the automotive aftermarket industry forward.
  • White will continue to serve on the Board and be closely involved in the transition as an advisor.
  • "Randy is an inspiring leader who has progressed both Hoonigan and the industry forward since the Company's inception.
  • "I'm confident Vance is the right person to lead Hoonigan into the future and deliver its next phase of growth.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SLGC, SP, MRTX

Retrieved on: 
Saturday, November 4, 2023

If you are a SomaLogic shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a SomaLogic shareholder, click here to learn more about your rights and options .
  • If you are a SP® Plus shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SP Plus Corporation Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

CHICAGO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- SP® Plus Corporation (Nasdaq:SP), a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its third quarter 2023 results.

Key Points: 
  • --Tenth Consecutive Quarter of Net Location Growth; Maintains High Location Retention Rate of 94%--
    CHICAGO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- SP® Plus Corporation (Nasdaq:SP), a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its third quarter 2023 results.
  • On October 5, 2023, SP announced the acquisition of SP Plus Corporation for $1.5 billion by Metropolis Technologies, Inc.
  • In the third quarter, we added 108 net new locations, the tenth consecutive quarter of net location growth, and we maintained our trailing twelve-month retention rate of 94%.
  • In the third quarter, we experienced considerable demand from the gaming industry, which places substantial value on the data analytics our technology provides.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CHS, SLGC, SP

Retrieved on: 
Sunday, October 29, 2023

If you are a Chico’s FAS shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Chico’s FAS shareholder, click here to learn more about your rights and options .
  • If you are a SomaLogic shareholder, click here to learn more about your rights and options .
  • If you are a SP® Plus shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SP Plus Corporation to Release Third Quarter 2023 Results on November 1, 2023

Retrieved on: 
Thursday, October 26, 2023

CHICAGO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- SP Plus Corporation (NASDAQ: SP) today announced that it expects to release third quarter 2023 earnings on Wednesday, November 1, 2023, after the close of market.

Key Points: 
  • CHICAGO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- SP Plus Corporation (NASDAQ: SP) today announced that it expects to release third quarter 2023 earnings on Wednesday, November 1, 2023, after the close of market.
  • On October 5, 2023, SP announced the acquisition of SP Plus Corporation for $1.5 billion by Metropolis Technologies, Inc.
  • In light of the pending acquisition, SP Plus will not be hosting an earnings conference call.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SP, MRTX, ICPT

Retrieved on: 
Sunday, October 22, 2023

If you are a SP® Plus shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a SP® Plus shareholder, click here to learn more about your rights and options .
  • If you are a Mirati shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.