Arrangement | Jotup

FINSIGHT Group Intends to Vote AGAINST Q4 Inc.’s Proposed Acquisition by Sumeru Equity Partners

Retrieved on:

Thursday, December 28, 2023

For these reasons, and as we explain further below, subject to more substantive disclosure, FINSIGHT intends to vote AGAINST the Arrangement.

Key Points:

For these reasons, and as we explain further below, subject to more substantive disclosure, FINSIGHT intends to vote AGAINST the Arrangement.
FINSIGHT acquired its ownership in Q4 because we believe in its long-term growth potential and the strength of its core business.
Instead, the proposed Arrangement threatens to prematurely siphon the Company’s future potential into the pockets of conflicted insiders, the Rolling Shareholders, and Sumeru Equity Partners.
Moreover:
Is any portion of Q4 management’s future compensation tied to the returns to be realized by Sumeru Equity Partner’s investment in Q4?

Inpixon Announces That Damon Motors Will Feature Its HyperFighter Superbike at CES 2024

Retrieved on:

Wednesday, December 20, 2023

Spin, Edison Awards, Digital Trends, Business analyst, Red herring, Supreme court, Consumer Technology Association, Date, Register, Arrangement, Hyperdrive, PALO, GOOD, Safety, CES, CTA, Security (finance)

PALO ALTO, Calif., Dec. 20, 2023 /PRNewswire/ -- Inpixon® (Nasdaq: INPX) today announced that Damon Motors, maker of the award-winning HyperSport EV Motorcycle, will be featuring its HyperFighter Superbike at CES 2024 within the NXP® Semiconductors booth CP-19 at the Las Vegas Convention Center Central Plaza, January 9-12, 2024. CES, owned and produced by the Consumer Technology Association (CTA)®, is widely recognized as the one of the most influential tech events in the world. CES provides a platform to showcase groundbreaking technologies and global innovators including manufacturers, developers, and suppliers of consumer technology products.

Key Points:

CES provides a platform to showcase groundbreaking technologies and global innovators including manufacturers, developers, and suppliers of consumer technology products.
"We are pleased to return to CES and feature our innovative HyperFighter Superbike," commented Jay Giraud, CEO of Damon Motors.
"CES brings together global leaders within the technology industry and provides the stage to experience leading products from around the world.
Inpixon may elect to change the Record Date for the Spin-off to a later date or to not proceed with the distribution.

Partners Value Investments LP and Partners Value Investments Inc. Receive Securityholder and Court Approval for Reorganization

Retrieved on:

Wednesday, November 15, 2023

Sale, Partnership, Minority, TSX Venture Exchange, Family Limited Partnership, Parthian Partners Limited, Equity, Arrangement, IBM Series/1, Multilateral, News, Security (finance)

The effect of the Arrangement is to, among other things, amalgamate Partners Limited with PVII and other related entities, with the resulting entity continuing to be named Partners Value Investments Inc. (“Amalco”), under a newly formed limited partnership named Partners Value Investments L.P. (“New PVI LP”).

Key Points:

The effect of the Arrangement is to, among other things, amalgamate Partners Limited with PVII and other related entities, with the resulting entity continuing to be named Partners Value Investments Inc. (“Amalco”), under a newly formed limited partnership named Partners Value Investments L.P. (“New PVI LP”).
New PVI LP will have substantially the same capital structure and unit terms as the Partnership.
The Partnership and PVII have now received board, securityholder and court approval, all material regulatory approvals have been obtained, and the shareholders of Partners Limited have approved the Arrangement.
No securities have been or will be registered under the United States Securities Act of 1933, as amended (the “U.S.

Calibre and Marathon Announce Completion of Previously Announced C$40 Million Financing of Marathon

Retrieved on:

Tuesday, November 14, 2023

Acquisition, Private placement, MOZ, CXB, OTCQX, Party, Arrangement, Private, TSX, Security (finance), Caliber

VANCOUVER, British Columbia, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre”) and Marathon Gold Corporation (TSX: MOZ) (“Marathon” and collectively the “Parties”) are pleased to announce the closing of the previously announced C$40 million financing of Marathon (the “Private Placement”).

Key Points:

VANCOUVER, British Columbia, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre”) and Marathon Gold Corporation (TSX: MOZ) (“Marathon” and collectively the “Parties”) are pleased to announce the closing of the previously announced C$40 million financing of Marathon (the “Private Placement”).
Pursuant to the Private Placement, Calibre acquired 66,666,667 common shares of Marathon (“Marathon Shares”) at a price of C$0.60 per share for aggregate gross proceeds to Marathon of C$40 million.
Effective as of the closing of the Private Placement, Calibre owns 14.2% of the issued and outstanding Marathon Shares.
Immediately prior to the closing of the Private Placement, Calibre did not own any Marathon Shares.

Calibre and Marathon Announce Combination to Create a High-Growth, Cash Flow Focused, Mid-Tier Gold Producer in the Americas with Expected Annual Production of 500,000 ounces

Retrieved on:

Monday, November 13, 2023

The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier gold producer with estimated average annual gold production of approximately 500 koz during 2025 – 2026E1.

Key Points:

The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier gold producer with estimated average annual gold production of approximately 500 koz during 2025 – 2026E1.
With Calibre’s strong operational expertise and robust cash flow, I am confident that together with the Marathon team, we will continue to meet or beat expectations.
The combined company will have three high quality, cash flowing gold assets, a strong balance sheet, and leadership with proven credentials in value creation.
), Chief Operating Officer for Marathon and Mr. David Ross, P.Geo (NL), Vice President, Geology & Exploration for Marathon.

Leading Proxy Advisory Firm ISS Recommends Consolidated Uranium Shareholders Vote FOR the Arrangement Resolution with IsoEnergy

Retrieved on:

Friday, November 10, 2023

ISS, Suite, Meeting, Temperance, CUR, Consolidated, Arrangement, Mergers and acquisitions, Holding company

TORONTO, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that Institutional Shareholder Services Inc. (“ISS”), an independent proxy voting and corporate governance advisory firm, recommends Consolidated Uranium shareholders (“Shareholders”) vote “FOR” the resolution (the "Arrangement Resolution”) to approve the previously announced merger (the “Merger” or the “Arrangement”) involving CUR and IsoEnergy Ltd. (“IsoEnergy”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, November 28, 2023 at 10:00 a.m. (Toronto Time).

Key Points:

TORONTO, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that Institutional Shareholder Services Inc. (“ISS”), an independent proxy voting and corporate governance advisory firm, recommends Consolidated Uranium shareholders (“Shareholders”) vote “FOR” the resolution (the "Arrangement Resolution”) to approve the previously announced merger (the “Merger” or the “Arrangement”) involving CUR and IsoEnergy Ltd. (“IsoEnergy”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, November 28, 2023 at 10:00 a.m. (Toronto Time).
Philip Williams, Chairman and CEO of CUR, stated, “The ISS recommendation aligns with our belief that the Merger with IsoEnergy serves the optimal interests of our shareholders.
Shareholders of record as of October 16, 2023, are eligible to vote at the Meeting.
If you have questions about the meeting matters or require voting assistance please contact Consolidated Uranium‘s proxy solicitation agent, Laurel Hill Advisory Group at:

Ember Completes Acquisition of H2O Innovation

Retrieved on:

Friday, December 8, 2023

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces the completion of the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP (“Ember”), a New York-based private equity firm, of all of the issued and outstanding common shares in the capital of H2O Innovation (the “Shares”), other than the Shares rolled over by Investissement Québec (“IQ”), Caisse de dépôt et placement du Québec and certain key executives of the Corporation, for C$4.25 in cash per Share (the “Consideration”), pursuant to a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act.

Key Points:

(TSX: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces the completion of the previously announced acquisition by Ember SPV I Purchaser Inc. (the “Purchaser”), an entity controlled by funds managed by Ember Infrastructure Management, LP (“Ember”), a New York-based private equity firm, of all of the issued and outstanding common shares in the capital of H2O Innovation (the “Shares”), other than the Shares rolled over by Investissement Québec (“IQ”), Caisse de dépôt et placement du Québec and certain key executives of the Corporation, for C$4.25 in cash per Share (the “Consideration”), pursuant to a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act.
“Closing this transaction marks the start of an exciting chapter for H2O Innovation, as we continue our expansion with the resources and expertise that our new partners at Ember can bring to the Corporation and our customers,” said Frédéric Dugré, President, Chief Executive Officer and co-Founder of H2O Innovation.
H2O Innovation’s annual meeting of shareholders, previously scheduled to be held on December 22, 2023, has been cancelled in light of the completion of the Arrangement.
Unless required to do so pursuant to applicable securities legislation, H2O Innovation assumes no obligation to update or revise forward-looking statements contained in this press release or in other communications as a result of new information, future events, and other changes.

H2O Innovation Receives Final Order for Arrangement with Ember

Retrieved on:

Monday, December 4, 2023

It is anticipated that the Arrangement will be completed in the coming days, subject to the delivery by the parties of customary deliverables.

Key Points:

It is anticipated that the Arrangement will be completed in the coming days, subject to the delivery by the parties of customary deliverables.
These statements are included in this press release, the Circular and may be included in other filings or communications from the Corporation.
Forward-looking statements may include, but are not limited to, the anticipated timing and the various steps to be completed in connection with the Arrangement and the anticipated timing of closing of the Arrangement.
Moreover, the proposed Arrangement could be modified or the Arrangement Agreement terminated in accordance with its terms.

H2O Innovation’s Shareholders Approve Arrangement with Ember

Retrieved on:

Tuesday, November 28, 2023

Completion of the Arrangement is subject to customary conditions, including receiving the final order of the Superior Court of Québec.

Key Points:

Completion of the Arrangement is subject to customary conditions, including receiving the final order of the Superior Court of Québec.
It is anticipated that the Arrangement will be completed in the fourth quarter of 2023.
These statements are included in this press release, the Circular and may be included in other filings or communications from the Corporation.
Moreover, the proposed Arrangement could be modified or the Arrangement Agreement terminated in accordance with its terms.

Nighthawk and Moneta Announce At-Market Merger to Create a Leading Canadian Gold Development Company

Retrieved on:

Tuesday, November 28, 2023

Keyvan Salehi, President, CEO and Director of Nighthawk, and Josef Vejvoda, Interim CEO & Chairman of Moneta, jointly commented: “We believe that the Transaction presents an exciting opportunity to create a leading gold development company by bringing together two cornerstone assets in Canada.

Key Points:

Keyvan Salehi, President, CEO and Director of Nighthawk, and Josef Vejvoda, Interim CEO & Chairman of Moneta, jointly commented: “We believe that the Transaction presents an exciting opportunity to create a leading gold development company by bringing together two cornerstone assets in Canada.
MergeCo will be underpinned by a considerable mineral resource of 7.8 million gold ounces in the Indicated category and 10.0 million gold ounces in the Inferred category1.
Potential to utilize excess mill capacity in proximity to the Tower Gold Project and accelerate towards near-term cash flow.
Synergies – Potential to unlock both G&A and operational efficiencies with seasonal workflow sequencing, staggered and phased development of the Projects.