Tripura Merger Agreement

Fortress Transportation and Infrastructure Investors LLC Announces Merger Which Will Eliminate Its Partnership Tax Classification and Result in the Public Entity Being a Corporation

Retrieved on: 
Monday, August 15, 2022 - 11:30am

Following the completion of the merger, FTAI Finance Holdco Ltd. will be named FTAI Aviation Ltd. (FTAI Aviation).

Key Points: 
  • Following the completion of the merger, FTAI Finance Holdco Ltd. will be named FTAI Aviation Ltd. (FTAI Aviation).
  • The transaction is being completed as part of the Companys plan to eliminate its partnership tax classification.
  • FTAI Aviation filed a preliminary registration statement on Form S-4 with the SEC on August 12, 2022.
  • FTAI owns and acquires high quality transportation equipment that is essential for the transportation of goods and people globally.

Edoc Acquisition Corp. Announces Termination of Merger Agreement with Calidi Biotherapeutics, Inc.

Retrieved on: 
Friday, August 12, 2022 - 10:56pm

New York, NY, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Edoc Acquisition Corp. (Nasdaq: ADOC, ADOCR, ADOCW, EDOC or the Company), a special purpose acquisition company, announced today the termination of its previously announced agreement and plan of merger (the Merger Agreement) with Calidi Biotherapeutics, Inc. (Calidi).

Key Points: 
  • New York, NY, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Edoc Acquisition Corp. (Nasdaq: ADOC, ADOCR, ADOCW, EDOC or the Company), a special purpose acquisition company, announced today the termination of its previously announced agreement and plan of merger (the Merger Agreement) with Calidi Biotherapeutics, Inc. (Calidi).
  • As a result of the termination of the Merger Agreement, Edoc intends to promptly begin simultaneously evaluating other possible business combination targets.
  • Edoc Acquisition Corp. is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.
  • Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements.

BlueCity Announces Completion of Merger

Retrieved on: 
Friday, August 12, 2022 - 10:00pm

BEIJING, Aug. 12, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (BlueCity or the Company) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that completion of the merger (the Merger) with Diversefuture Limited (the Merger Sub), a wholly-owned subsidiary of Multelements Limited (the Parent), pursuant to the previously announced Agreement and Plan of Merger (the Merger Agreement), dated as of April 30, 2022, among the Company, the Parent and the Merger Sub.

Key Points: 
  • BEIJING, Aug. 12, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (BlueCity or the Company) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that completion of the merger (the Merger) with Diversefuture Limited (the Merger Sub), a wholly-owned subsidiary of Multelements Limited (the Parent), pursuant to the previously announced Agreement and Plan of Merger (the Merger Agreement), dated as of April 30, 2022, among the Company, the Parent and the Merger Sub.
  • As a result of the Merger, the Company became a wholly owned subsidiary of Parent and will cease to be a publicly traded company.
  • BlueCity (NASDAQ: BLCT) is a world-leading online LGBTQ community providing a comprehensive suite of services to foster connections and enhance the wellbeing of the LGBTQ community.
  • With commitment to providing high-quality user experience, ensuring privacy protection, and promoting community health and well-being, BlueCity has captured the hearts and minds of LGBTQ people across the globe.

TRON Group, Inc. and Nanopharmaceutics, Inc. Announce Definitive Merger Agreement

Retrieved on: 
Thursday, August 11, 2022 - 8:03pm

Following consummation of the Merger, TRON will change its name to Nanopharmaceutics, Inc. and will continue to trade on the OTC Pink market.

Key Points: 
  • Following consummation of the Merger, TRON will change its name to Nanopharmaceutics, Inc. and will continue to trade on the OTC Pink market.
  • The merger was unanimously approved by both Boards of Directors of TRON and Nano.
  • Immediately prior to the Merger Agreement, TRON entered into an agreement to terminate its common control relationship with Impression VFX Inc., including the extinguishment of a convertible note in exchange for the return of certain assets, and the termination of a service agreement.
  • This communication is being made in respect of the merger involving TRON Group, Inc. and Nanopharmaceutics, Inc. TRON Group will file a material event notice with the OTC Pink Market.

Hailiang Education to Hold Extraordinary General Meeting of Shareholders

Retrieved on: 
Thursday, August 11, 2022 - 11:00am

In addition, the Company's proxy materials, including the definitive proxy statement, will be mailed to the shareholders and ADS holders of the Company.

Key Points: 
  • In addition, the Company's proxy materials, including the definitive proxy statement, will be mailed to the shareholders and ADS holders of the Company.
  • About Hailiang Education Group Inc.
    Hailiang Education Group Inc. (Nasdaq: HLG) is an education and management services provider inChina.
  • Hailiang Education is dedicated to providing students with high-quality high school curriculum education, student management services, ancillary educational services, and education and management services, and it strives to maintain the high quality of its students' life, study, and development.
  • Hailiang Education is devoted to improving its students' academic capabilities, cultural accomplishments, and international perspectives.

OceanTech Acquisitions I Corp. and Captura Biopharma, Inc. Announce Signing of Definitive Business Combination Agreement

Retrieved on: 
Wednesday, August 10, 2022 - 1:00pm

We are excited to partner with the team at Captura Biopharma and we believe this business combination will allow a well-capitalized platform to quickly scale its business in multiple markets.

Key Points: 
  • We are excited to partner with the team at Captura Biopharma and we believe this business combination will allow a well-capitalized platform to quickly scale its business in multiple markets.
  • OceanTech is sponsored by OceanTech Acquisitions I Sponsors LLC, an affiliate of investor and entrepreneur Joseph Adir.
  • After the Form S-4 has been filed and declared effective, OceanTech will mail a definitive proxy statement, when available, to its stockholders.
  • Additionally, OceanTech will file other relevant materials with the SEC in connection with the Business Combination.

MTY Food Group Inc. to Acquire Bbq Holdings, Inc. for $17.25 Per Share

Retrieved on: 
Tuesday, August 9, 2022 - 12:30pm

Upon completion of the Transaction, BBQ Holdings will become a subsidiary of MTY and the shares of BBQ Holdings will be de-listed from NASDAQ.

Key Points: 
  • Upon completion of the Transaction, BBQ Holdings will become a subsidiary of MTY and the shares of BBQ Holdings will be de-listed from NASDAQ.
  • Jeff Crivello, Chief Executive Officer of BBQ Holdings, commented We are thrilled to partner with MTY and its talented team of restaurant operators.
  • BBQ Holdings, Inc. (NASDAQ: BBQ) is an international restaurant company engaged in the business of franchising, and operating casual and fast casual dining restaurants.
  • Village Inn and Bakers Square add a legendary family dining element to BBQ Holdings specializing in breakfast and pies.

WASTE MANAGEMENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Waste Management, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, August 6, 2022 - 2:00am

Investors have until August 8, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until August 8, 2022 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Rather, Waste Management had a right to terminate the deal for failure to obtain antitrust approval.
  • On May 14, 2019, Waste Management issued $4 billion worth of senior notes in a public offering to finance Waste Managements acquisition of Advanced Disposal Services.
  • In the Notes prospectus, Waste Management represented that the Merger would close by the first quarter of 2020.

Ping Identity to be Acquired by Thoma Bravo for $2.8 Billion

Retrieved on: 
Wednesday, August 3, 2022 - 12:00pm

DENVER, August 3, 2022 /PRNewswire/ -- Ping Identity (NYSE: PING), provider of the Intelligent Identity solution for the enterprise, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $28.50 per share in an all-cash transaction valued at an Enterprise Value of approximately $2.8 billion. The offer represents a premium of approximately 63% over Ping Identity's closing share price on August 2, 2022, the last full trading day prior to the transaction announcement, and a premium of 52% over the volume weighted average price of Ping Identity stock for the 60 days ending August 2, 2022.

Key Points: 
  • "Atectonic shift is occurring in intelligent identity solutions for the enterprise," said Seth Boro, a Managing Partnerat Thoma Bravo.
  • "Ping Identity is a leader in intelligent identity solutions for the enterprise and is well-positioned to capitalize on the significant opportunities in the $50 billion Enterprise Identity security solutions area," said Chip Virnig, a Partner at Thoma Bravo.
  • Upon completion of the transaction, Ping Identity's common stock will no longer be listed on the New York Stock Exchange and Ping Identity will become a privately held company.
  • In light of the announced transaction with Thoma Bravo, Ping Identity has cancelled its earnings conference call as previously scheduled for August 3, 2022.

Rally and Americas Technology Acquisition Corp. Announce Filing of Registration Statement on Form S-4 in Connection with their Proposed Business Combination

Retrieved on: 
Monday, August 1, 2022 - 9:15pm

While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about Rally, ATA, Pubco and the proposed Business Combination.

Key Points: 
  • While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about Rally, ATA, Pubco and the proposed Business Combination.
  • Following the Business Combination, Pubcos common stock and warrants are expected to trade on the NYSE under the symbols RLLY and RLLYW, respectively.
  • In connection with the proposed Business Combination, Pubco, ATA and Rally, as applicable, have filed relevant materials with the SEC, including the Registration Statement and other documents regarding the proposed Business Combination.
  • Americas Technology Acquisition Holdings Inc. (or Pubco) was formed as a corporation under the laws of the State of Delaware on May 2, 2022.