Securities & Exchange Commission of Pakistan

Willis Lease Finance Corporation Announces Aircraft Base Maintenance Approvals

Retrieved on: 
Friday, February 3, 2023
Aircraft, Securities & Exchange Commission of Pakistan, Tax, FBO, Teesside International Airport, Thyssenkrupp Materials Services, A320, Cyprus Securities and Exchange Commission, Security (finance), COVID-19, CAA, Willis, WLFC, UK CAA, Airbus A320 family, ATR, EASA, Embraer, Part, Senior, Maintenance, Boeing, ATR 42/72, MRO, 737NG, Airbus, Airline

COCONUT CREEK, Fla., Feb. 03, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) announced today that its United Kingdom subsidiary, Willis Aviation Services Limited (“WASL”), has expanded its service offerings to include UK CAA base maintenance approvals for the Airbus A320 family, Boeing 737NG, ATR 42/72, and Embraer 135/145 aircraft.

Key Points: 
  • COCONUT CREEK, Fla., Feb. 03, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) announced today that its United Kingdom subsidiary, Willis Aviation Services Limited (“WASL”), has expanded its service offerings to include UK CAA base maintenance approvals for the Airbus A320 family, Boeing 737NG, ATR 42/72, and Embraer 135/145 aircraft.
  • WASL’s offerings also include aircraft disassembly, short- and long-term aircraft storage and preservation, line maintenance, return to service, as well as ground and cargo handling services.
  • Willis Lease Finance Corporation (“WLFC”) leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers worldwide.
  • These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services through Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Additionally, through Willis Engine Repair Center US/UK, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services.

Healthcare Realty Announces January Asset Sales to Complete Funding of Merger-Related Special Dividend

Retrieved on: 
Tuesday, January 31, 2023
NYSE, Securities & Exchange Commission of Pakistan, Annual report, Security (finance), Bank

NASHVILLE, Tenn., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced the completion of $112.5 million of asset sales in January for net proceeds of $102.8 million after accounting for HR’s joint venture interest.

Key Points: 
  • NASHVILLE, Tenn., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced the completion of $112.5 million of asset sales in January for net proceeds of $102.8 million after accounting for HR’s joint venture interest.
  • Since July 2022, the company has generated net proceeds of $1.13 billion from asset sales and joint venture transactions.
  • These proceeds fully complete the funding of the merger-related special dividend that was paid in July 2022.
  • Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States.

Nogin Announces Jonathan Huberman as Chairman and Chief Executive Officer

Retrieved on: 
Friday, January 27, 2023
Securities & Exchange Commission of Pakistan, The Advisory Board Company, Huberman, CAAS, Entrepreneurship, Commerce, Acquisition, III, Software as a service, Data management, Partnership, The Gores Group, Growth, Form, Knowledge, Management, Syncplicity, Viktor Nogin

TUSTIN, Calif., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Nogin (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (CaaS) ecommerce technology, today announced that, following discussions regarding plans for management succession, the Company’s Board of Directors (the “Board”) has appointed current President and co-Chief Executive Officer Jonathan Huberman as President, Chief Executive Officer and Chairman of the Board.

Key Points: 
  • TUSTIN, Calif., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Nogin (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (CaaS) ecommerce technology, today announced that, following discussions regarding plans for management succession, the Company’s Board of Directors (the “Board”) has appointed current President and co-Chief Executive Officer Jonathan Huberman as President, Chief Executive Officer and Chairman of the Board.
  • In connection with Mr. Huberman’s appointments, Co-Founder, former Chairman, and co-Chief Executive Officer Jan Nugent has decided to depart the Company, effective today.
  • He joined Nogin’s executive team in August of 2022 after serving as Chairman and CEO of Software Acquisition Group Inc. III, a special purpose acquisition company.
  • Nugent co-founded Nogin in 2010 along with current Chief Technologist Geoffrey Van Haeren and has served as CEO since its founding.

First Hawaiian, Inc. Reports Fourth Quarter 2022 Financial Results and Declares Dividend

Retrieved on: 
Friday, January 27, 2023
Trust, Securities & Exchange Commission of Pakistan, First Hawaiian Bank, FHB, Insurance, Rule, Wallace Bishop (company), Hawaii–Aleutian Time Zone, Security (finance), Webcast, PIN, Total, ATM, Growth, Holding company, Airline, Video game, Car rental

“We are pleased to report that we closed 2022 with a solid fourth quarter,” said Bob Harrison, Chairman, President and CEO.

Key Points: 
  • “We are pleased to report that we closed 2022 with a solid fourth quarter,” said Bob Harrison, Chairman, President and CEO.
  • Net interest income for the fourth quarter of 2022 was $171.8 million, an increase of $9.1 million, or 5.6%, compared to $162.7 million for the prior quarter.
  • The net interest margin was 3.15% in the fourth quarter of 2022, an increase of 22 basis points compared to 2.93% in the prior quarter.
  • Noninterest income was $48.2 million in the fourth quarter of 2022, an increase of $2.3 million compared to noninterest income of $45.9 million in the prior quarter.

Boxed, Inc. Announces Up to $20 Million of New Financing

Retrieved on: 
Friday, January 20, 2023
Sale, Security (finance), Boxed, Securities & Exchange Commission of Pakistan, Entrepreneurship, BlackRock, Creditor, NYSE, Commerce

NEW YORK, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE: BOXD, BOXD WS) (“Boxed” or the “Company”), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced it entered into a second lien secured term loan facility with a lender (the “Lender”) that provided $10 million of new funding to the Company at close.

Key Points: 
  • NEW YORK, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Boxed, Inc. (NYSE: BOXD, BOXD WS) (“Boxed” or the “Company”), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced it entered into a second lien secured term loan facility with a lender (the “Lender”) that provided $10 million of new funding to the Company at close.
  • The new facility also provides for an additional $10 million in funding, subject to the completion of certain milestones in a process for the sale of the Company.
  • Concurrently with the financing with the Lender, the Company entered into an amendment to its existing first lien debt facility with funds and accounts managed by BlackRock that, among other things, reduces the Company’s minimum liquidity covenant by $5 million.
  • Chieh Huang, Co-Founder and Chief Executive Officer of Boxed, said, “This new financing will provide greater flexibility for us to continue to execute on our strategic vision and the strategic alternatives process.

Julia Brncic Joins EverQuote as General Counsel

Retrieved on: 
Tuesday, January 17, 2023
Corporation, Washington University in St. Louis, Security (finance), Polsinelli, Insurance, EverQuote, General counsel, Senior, Securities & Exchange Commission of Pakistan, Purdue University, JD, Risk, Growth, BA, Express Scripts, MBA, Management, Cigna

CAMBRIDGE, Mass., Jan. 17, 2023 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Julia Brncic has joined as General Counsel and Corporate Secretary where she will lead the company’s legal and compliance efforts.

Key Points: 
  • CAMBRIDGE, Mass., Jan. 17, 2023 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Julia Brncic has joined as General Counsel and Corporate Secretary where she will lead the company’s legal and compliance efforts.
  • “Julia is a proven senior executive and legal thought leader who brings decades of insurance experience to our company,” said Jayme Mendal, CEO of EverQuote.
  • “EverQuote has built a strong employee-first culture of collaboration and innovation since its founding,” said Brncic.
  • I’m excited to join EverQuote’s team and look forward to playing a part in the company’s growth.”
    Before joining EverQuote, Ms. Brncic served as Senior Vice President, Chief Counsel and Corporate Secretary of Cigna, Vice President and Deputy General Counsel at Express Scripts, and was a shareholder at the Polsinelli law firm.

Cole-Frieman & Mallon Launches First Cybersecurity Law Practice for Asset Managers With Eye to SEC’s Proposed Rules

Retrieved on: 
Wednesday, January 18, 2023
Finance, Security, Professional Services, Legal, Technology, Security (finance), Periodic function, Securities & Exchange Commission of Pakistan, MSP, Align, Exchange, Movement, Risk management

With the Securities & Exchange Commission proposing tighter cybersecurity requirements for hedge funds and other asset managers, Cole-Frieman & Mallon LLP, one of the nation’s leading boutique law firms serving the investment management industry, has launched a first-of-its-kind cybersecurity law practice.

Key Points: 
  • With the Securities & Exchange Commission proposing tighter cybersecurity requirements for hedge funds and other asset managers, Cole-Frieman & Mallon LLP, one of the nation’s leading boutique law firms serving the investment management industry, has launched a first-of-its-kind cybersecurity law practice.
  • “We pride ourselves on innovating to serve the needs of our clients,” said Karl Cole-Frieman , managing partner of Cole-Frieman & Mallon.
  • “With the clear movement toward more onerous cybersecurity rules for asset managers, our clients need informed legal counsel in this complex and sensitive area.
  • An investment management attorney with more than 20 years of legal experience working with asset managers, Araneo departed Cole-Frieman & Mallon in 2017 to dive deeper into cybersecurity.

Mastermind Operating Income Up $753,000 for Fiscal Year 2022

Retrieved on: 
Tuesday, January 17, 2023
Marketing, Advertising, Communications, Digital Marketing, Social Media, Influencer, Securities & Exchange Commission of Pakistan, News, Internet, Growth, Acquisition, Annual report, OTC, Renewable energy, Mastermind

Mastermind, Inc. (OTC QB: MMND), a leading vertically-integrated digital marketing company that designs, creates and activates marketing initiatives for global brands, today announced financial results for its fiscal year ending September 30, 2022.

Key Points: 
  • Mastermind, Inc. (OTC QB: MMND), a leading vertically-integrated digital marketing company that designs, creates and activates marketing initiatives for global brands, today announced financial results for its fiscal year ending September 30, 2022.
  • Highlights for the 12-month period ending September 30, 2022 include:
    “Mastermind has done an outstanding job of using influencer, content, social and mobile marketing to drive results for blue-chip clients,” said Mike Gelfond, president of Mastermind.
  • “We are on a trajectory of growth, with operating income up $753,000, which is more than 5000% higher than where we were last year.
  • We’re also excited about recent business acquisition news and others in our pipeline, which position us well for continued growth and success.”
    Detailed financial information can be found in Mastermind’s Annual Report on Form 10-K for the period ended September 30, 2022, as filed with the Securities Exchange Commission on January 12, 2023.

ServiceNow Announces Partner Program Transformation to Build Exponential Ecosystem Growth

Retrieved on: 
Tuesday, January 17, 2023
Software, Technology, Networks, Internet, Knowledge, Service, Ecosystem, Partner, Security (finance), GeForce Partner Program, Element, NBA InfoCenter, IKC, Securities & Exchange Commission of Pakistan, NYSE, Enabling, Consultant, Organization, Partnership, Riseup, Growth, NTT, Integration, Software as a service, NOW Platform DA and PAS, APJ, DATA, Investment, Human, Petroleum, Management, Renewable energy, Risk management, ServiceNow, Fujitsu

ServiceNow (NYSE: NOW) today announced a major partner program transformation to further partner growth and customer success.

Key Points: 
  • ServiceNow (NYSE: NOW) today announced a major partner program transformation to further partner growth and customer success.
  • The updated ServiceNow Partner Program was announced today at the Partner Kickoff event in Las Vegas.
  • New incentives to enable partner growth: ServiceNow is unveiling new partner incentives to maximize their investments and foster additional opportunities to demonstrate expertise and capabilities.
  • For us, this transformation of the ServiceNow Partner Program will position us to even better support our customers’ change agenda.”
    Michael Lombardo, Chief Executive Officer at GlideFast Consulting : "GlideFast is thrilled about the exciting changes coming from the ServiceNow Partner Program.

FORVIS Collaborates with Jupiter Intelligence on Climate Risk Modeling Platform

Retrieved on: 
Tuesday, January 10, 2023
Other Professional Services, Sustainability, Environment, Finance, Consulting, Accounting, Climate Change, Professional Services, Climate change, Weather, Task force, Liability (financial accounting), Risk, Securities & Exchange Commission of Pakistan, Risk management

In an evolving regulatory and climate-focused landscape, this collaboration combines FORVIS’ leading business intelligence and reporting experience with climate risk data and analytics from Jupiter Intelligence’s ClimateScore™ product across all sectors of the economy.

Key Points: 
  • In an evolving regulatory and climate-focused landscape, this collaboration combines FORVIS’ leading business intelligence and reporting experience with climate risk data and analytics from Jupiter Intelligence’s ClimateScore™ product across all sectors of the economy.
  • The result, FORVIS’ Physical Climate Risk Dashboard, is a tool that provides clients and stakeholders valuable insights with which to assess and manage physical climate-related risks and opportunities across the value chain.
  • Climate risk is among the most important challenges facing society and businesses today and FORVIS’ Physical Climate Risk Dashboard will offer the firm’s clients comprehensive climate data, providing them with science-based intelligence for future potential competitive advantage and performance enhancement, as well as supporting the delivery of clients’ wider sustainability, decarbonization and net zero strategies.
  • FORVIS’ Physical Climate Risk Dashboard provides valuable insight and decision-useful information for stakeholders, in a world requiring greater transparency of both reporting and data climate scenario analysis.