Security (finance)

(XM): Johnson Fistel Investigates Proposed Sale of Qualtrics International; Is $18.15 a Fair Price?

Retrieved on:

Thursday, March 23, 2023

Learning, LLP, IPO, CPIB, L.L.C, Sale, Silver, XM, Acquisition, SAN, Qualtrics, Security (finance)

(Silver Lake) and the Canada Pension Investment Board (CPIB).

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(Silver Lake) and the Canada Pension Investment Board (CPIB).
On March 12, 2023, Qualtrics announced that it has entered into a definitive agreement to be acquired by Silver Lake and CPIB, in an all-cash transaction; Qualtrics stockholders would receive $18.15 per share in cash.
Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially since the stock price exceeded $55.00 after the company’s IPO in January 2021.
Additionally, the Company has over $700 million in cash and only about $280 million in debt.

CMP 2023 Resource Limited Partnership COMPLETES $10,178,000 IPO

Retrieved on:

Thursday, March 23, 2023

Partnership, Dixon Hughes Goodman, Class v. United States, CMP, CIBC, Security (finance), Financial services

TORONTO, March 23, 2023 (GLOBE NEWSWIRE) -- Goodman & Company, Investment Counsel Inc. (the “Manager”) is pleased to announce that CMP 2023 Resource Limited Partnership (the “Partnership”) has completed the second and final closing of its initial public offering of Class A limited partnership units (the “Class A Units”) and Class F limited partnership units (the “Class F Units” and together with the Class A Units, the “Units”).

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TORONTO, March 23, 2023 (GLOBE NEWSWIRE) -- Goodman & Company, Investment Counsel Inc. (the “Manager”) is pleased to announce that CMP 2023 Resource Limited Partnership (the “Partnership”) has completed the second and final closing of its initial public offering of Class A limited partnership units (the “Class A Units”) and Class F limited partnership units (the “Class F Units” and together with the Class A Units, the “Units”).
The Partnership sold 8,511 Class A Units and 1,667 Class F Units for gross proceeds of $10,178,000.
The offering was made through a syndicate of agents led by Scotia Capital Inc. and including CIBC World Markets Inc., National Bank Financial Inc., RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., TD Securities Inc., Industrial Alliance Securities Inc., Echelon Wealth Partners Inc., Canaccord Genuity Corp., Desjardins Securities Inc. and Raymond James Ltd.

ECB starts disclosing climate impact of portfolios on road to Paris-alignment

Retrieved on:

Friday, March 24, 2023

“These disclosures are a further piece of the puzzle in our efforts to contribute to fighting climate change,” says President Christine Lagarde.

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“These disclosures are a further piece of the puzzle in our efforts to contribute to fighting climate change,” says President Christine Lagarde.
The disclosures also show that the ECB has more than halved emissions from corporate and equity investments in its staff pension fund since 2019.
For its own funds portfolio, the ECB has gradually increased the share of green bonds, up from 1% in 2019 to 13% in 2022.
From now on, the ECB will disclose climate-related information on these portfolios every year, while continuously improving the disclosures as the quality and availability of data progress.
Similarly, the ECB Governing Council will consider setting such targets for corporate sector portfolios.
A dedicated ECB page will list the disclosures of all Eurosystem central banks as they are published over the coming weeks.
By publishing these disclosures, the Eurosystem is delivering on one of the key commitments outlined in its climate change action plan.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Credit Suisse Group AG (CS)

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Thursday, March 23, 2023

Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 8, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS ) securities between March 10, 2022 and March 20, 2023, inclusive (the “Class Period”).

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Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 8, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS ) securities between March 10, 2022 and March 20, 2023, inclusive (the “Class Period”).
On February 9, 2023, Credit Suisse released its 2022 financial results, reporting customer outflows of 110.5 billion Swiss francs in the final three months of 2022.
On this news, Credit Suisse’s ADS price fell $0.56, or 15.6%, to close at $3.02 per ADS on February 9, 2023.
If you purchased or otherwise acquired Credit Suisse securities during the Class Period, you may move the Court no later than May 8, 2023 to request appointment as lead plaintiff in this putative class action lawsuit.

Enstar Announces Repurchase of CPP Investments Non-Voting Shares in Accretive Transaction

Retrieved on:

Thursday, March 23, 2023

Share repurchase, CPP Investment Board, CPP, Investment, ESGR, Security (finance)

The shares comprise all of Enstar’s outstanding non-voting ordinary shares.

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The shares comprise all of Enstar’s outstanding non-voting ordinary shares.
Following the transaction, CPP Investments will hold 9.4% of Enstar’s outstanding voting ordinary shares and CPP Investments’ director representative will remain on the Enstar Board.
Dominic Silvester, Enstar’s Chief Executive Officer, said: “The transaction with CPP Investments is a compelling opportunity for Enstar to leverage its strong capital and liquidity position to execute an accretive share buyback that simplifies our share capital structure.” Mr. Silvester continued, “Following completion of the share repurchase, Enstar will remain well-positioned to take advantage of a healthy transaction pipeline.
We are pleased that CPP Investments will maintain a significant interest in Enstar, and we appreciate the value they add.”

Eneti Inc. Announces Purchase of Common Shares by Scorpio Holdings Limited

Retrieved on:

Thursday, March 23, 2023

SHL, Acquisition, NYSE, Marubeni, Security (finance)

MONACO, March 23, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that Scorpio Holdings Limited (“SHL”), a related party, has purchased 1,000,000 common shares of the Company at an average price of $8.90 per share from the Marubeni Corporation via a private placement.

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MONACO, March 23, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that Scorpio Holdings Limited (“SHL”), a related party, has purchased 1,000,000 common shares of the Company at an average price of $8.90 per share from the Marubeni Corporation via a private placement.
The Company had issued the shares to Marubeni Corporation as part of the acquisition price paid by the Company to acquire Seajacks in August 2021.
SHL also recently purchased 150,250 common shares of the Company at an average price of $9.78 per share in the open market.
The Company currently has 38,647,119 common shares outstanding, of which SHL and its affiliates own 11,119,181 or 28.77%.

Maui Land & Pineapple Company, Inc. Reports Fiscal 2022 Results

Retrieved on:

Thursday, March 23, 2023

Sale, Security (finance), Annuitant, Form 10-K, Securities and Exchange Commission of Pakistan, Omaopio, Hawaii Route 30, PSA, County, Cryptocurrency

In the fourth quarter of 2022, the Company successfully completed a pension lift-out of approximately 45% of its total pension plan participants.

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In the fourth quarter of 2022, the Company successfully completed a pension lift-out of approximately 45% of its total pension plan participants.
In May 2022, the Company sold a 646-acre parcel located in Kula, known as Omaopio, in the amount of $9.6 million.
Based on these collective 2022 results, total stockholders’ equity increased by $10.3 million to $33.8 million from $23.6 million for the years ended December 31, 2022 and 2021, respectively.
Additional information with respect to Maui Land & Pineapple Company, Inc. and our 2022 operating results will be available on our Form 10-K filed with the Securities and Exchange Commission and our website www.mauiland.com .

Goldman Sachs Asset Management Closed-End Fund Announces Results of Annual Shareholder Meeting

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Thursday, March 23, 2023

Banking, Asset Management, Professional Services, Finance, Linda, Goldman Sachs, Goldman Sachs asset management factor model, Fund, Investment, Trustee, NYSE, GER, MLP, Security (finance)

Goldman Sachs Asset Management, investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund (GER) (the “Fund”), announced the results from the Fund’s annual shareholder meeting held today.

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Goldman Sachs Asset Management, investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund (GER) (the “Fund”), announced the results from the Fund’s annual shareholder meeting held today.
Shareholders of the Fund elected two Class II Trustees, Linda A. Lang and James A. McNamara.
Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company managed by Goldman Sachs Asset Management’s Energy & Infrastructure Team, which is among the industry’s largest master limited partnerships (“MLPs”) investment groups.
The Fund currently expects to concentrate its investments in the energy sector, with an emphasis on midstream MLP investments.

Moore Kuehn Encourages JNCE, USX, INDT, and BHWB Investors to Contact Law Firm

Retrieved on:

Thursday, March 23, 2023

PLLC, Wall Street, Black Hawk, Fraud, Therapy, Centerbridge Partners, Security (finance), Bank, Fourth, fifth, and sixth derivatives of position

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.

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Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq.
Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.

Oak Woods Acquisition Corporation Announces Pricing of $50,000,000 Initial Public Offering

Retrieved on:

Thursday, March 23, 2023

Benchmark, Madison, Telephone, PLLC, Enterprise file synchronization and sharing, Sale, Prospectus, Form S-1, The Company, Acquisition, ATTN:, Form, Security (finance), EF Hutton

ONTARIO, CANADA, March 23, 2023 (GLOBE NEWSWIRE) -- Oak Woods Acquisition Corporation (the "Company") announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit.

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ONTARIO, CANADA, March 23, 2023 (GLOBE NEWSWIRE) -- Oak Woods Acquisition Corporation (the "Company") announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit.
Each redeemable warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share.
EF Hutton, division of Benchmark Investments, LLC (“EF Hutton”), is acting as the sole book running manager for the offering.
The Company has granted the underwriter a 45-day option to purchase up to an additional 750,000 units at the initial public offering price to cover over-allotments, if any.