Finance Secretary (India)

WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date

Retrieved on: 
Thursday, December 14, 2023

In connection therewith, on December 13, 2023, the Company issued an unsecured non-interest-bearing promissory note to the Sponsor with a principal amount equal to $330,000.

Key Points: 
  • In connection therewith, on December 13, 2023, the Company issued an unsecured non-interest-bearing promissory note to the Sponsor with a principal amount equal to $330,000.
  • At the special meeting, the Company’s stockholders also voted in favor of a proposal to effect a corresponding amendment to the Investment Management Trust Agreement by and between the Company and Continental Stock Transfer & Trust Co. (the “Trustee”) to extend the date on which the Trustee must liquidate the Trust Account from December 17, 2023 to January 17, 2024, and to allow the Company, without another stockholder vote, to elect to further extend the liquidation date on a monthly basis for up to five times from January 17, 2024 to June 17, 2024.
  • Following the Special Meeting, the Sponsor notified the Company of its request to extend the Termination Date, and on December 13, 2023, the Sponsor deposited into the Trust Account an aggregate of $55,000 (representing approximately $0.048 per share of common stock issued in the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete an initial business combination for an additional one (1) month period, from December 17, 2023 to January 17, 2024.
  • The purpose of the extension is to provide time for the Company to complete an initial business combination.

Global Helium Corp. Announces Closing of Second Tranche of Private Placement

Retrieved on: 
Friday, December 8, 2023

CALGARY, Alberta, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to confirm the closing of a second tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of approximately CAD$405,000 (the "Offering").

Key Points: 
  • CALGARY, Alberta, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to confirm the closing of a second tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of approximately CAD$405,000 (the "Offering").
  • Each Preferred Share is convertible into units of the Company (“Units”) or common shares in the capital of the Company (“Common Shares”) subject to the date of conversion.
  • Each Unit consists of one Common Share and one-half of one Common Share purchase warrant (each whole purchase warrant, a “Warrant”).
  • Any accrued but unpaid dividends as at the date of Accelerated Conversion or Maturity Conversion will be paid in cash.

Thunder Bridge Capital Partners III, Inc. Announces its Intention to Liquidate

Retrieved on: 
Thursday, December 7, 2023

There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

Key Points: 
  • There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
  • All other costs and expenses associated with implementing the Dissolution will be funded from proceeds held outside of the Trust Account.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the Redemption Amount.
  • The Redemption Amount is expected to be paid out within ten business days of December 11, 2023.

InterPrivate III Financial Partners Inc. Announces Redemption of Shares

Retrieved on: 
Wednesday, December 6, 2023

The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares.

Key Points: 
  • The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the redemption amount.
  • The redemption of the Public Shares is expected to be completed within ten business days after December 21, 2023.
  • All statements other than statements of historical fact included in this press release are forward-looking statements, including, without limitation, the redemption of the Public Shares and the per-share redemption price.

Nine Mile Metals Announces Further Updates to Convertible Loan Financing

Retrieved on: 
Tuesday, December 5, 2023

VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), discloses that it will amend the proposed unsecured convertible loan financing that it announced in the Company’s news releases on November 21 and 27, 2023, (the “Convertible Loan”).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), discloses that it will amend the proposed unsecured convertible loan financing that it announced in the Company’s news releases on November 21 and 27, 2023, (the “Convertible Loan”).
  • Convertible Loan proceeds will be used for advancing the bulk sample program on the Nine Mile Brook project and general working capital.
  • The updates to the Convertible Loan financing are that proceeds will be up to $250,000 and it will be the choice of each lender whether to convert the amount owing on the Maturity Date into Units.
  • The terms of the Convertible Loan are subject to acceptance by the CSE.

Seaport Global Acquisition II Corp Announces Final Value for Redemption of Public Shares

Retrieved on: 
Friday, December 1, 2023

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Seaport Global Acquisition II Corp. (Nasdaq: SGII) (the “Company”), a special purpose acquisition company, today announced the final per share redemption value for its Class A redeemable shares.

Key Points: 
  • NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Seaport Global Acquisition II Corp. (Nasdaq: SGII) (the “Company”), a special purpose acquisition company, today announced the final per share redemption value for its Class A redeemable shares.
  • As of the open of business on Monday, December 4, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the redemption amount.
  • The redemption of the Public Shares is expected to be completed on or about December 6, 2023.

Rivalry Reports Record Third Quarter 2023 Results, Reaffirms H1 2024 Profit Guidance

Retrieved on: 
Wednesday, November 29, 2023

Year-to-date betting handle has increased 127%, revenue by 70%, and gross profit up 175% over the first nine months of 2022.

Key Points: 
  • Year-to-date betting handle has increased 127%, revenue by 70%, and gross profit up 175% over the first nine months of 2022.
  • Company re-affirms guidance, anticipates achieving profitability in H1 2024.
  • Rivalry is pleased to announce a virtual investor day to be held at 10:00am EST on January 17th, 2024.
  • Management will host a conference call at 10:00 a.m. EST on Wednesday, November 29, 2023 to discuss the Company’s third quarter 2023 financial results.

Clip Money Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 28, 2023

TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (“Clip” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce its financial results for the three and nine-month periods ended September 30, 2023.

Key Points: 
  • TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (“Clip” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce its financial results for the three and nine-month periods ended September 30, 2023.
  • Clip Money’s performance in third quarter of 2023 (“Q3”) was highlighted by an acceleration of enterprise customers making regular deposits through the network.
  • The Company made continued progress in the deployment of its Clip Change Order solution in Q3 following the product launch in Q2, 2023.
  • Another 600 store retailer began depositing with Clip at five initial stores in the quarter, including the adoption of the Clip Change order solution.

FinServ Acquisition Corp. II Announces its Intention to Liquidate

Retrieved on: 
Tuesday, November 28, 2023

New York, New York, Nov. 28, 2023 (GLOBE NEWSWIRE) -- FinServ Acquisition Corp. II (“FinServ II”) (Nasdaq: FSRX) announced today that the board of directors of FinServ II (the “Board”) determined FinServ II cannot complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”) by February 22, 2024, the deadline by which FinServ II has to consummate such Business Combination under its Amended and Restated Certificate of Incorporation.

Key Points: 
  • New York, New York, Nov. 28, 2023 (GLOBE NEWSWIRE) -- FinServ Acquisition Corp. II (“FinServ II”) (Nasdaq: FSRX) announced today that the board of directors of FinServ II (the “Board”) determined FinServ II cannot complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”) by February 22, 2024, the deadline by which FinServ II has to consummate such Business Combination under its Amended and Restated Certificate of Incorporation.
  • There will be no redemption rights or liquidating distributions with respect to FinServ II’s warrants, which will expire worthless.
  • FinServ Holdings II, LLC, FinServ II’s sponsor, has agreed to waive its redemption rights with respect to the shares of FinServ II’s Class B common stock issued prior to the IPO, including shares of FinServ II’s Class A common stock issued upon conversion of such Class B common stock.
  • FinServ II thereafter intends to file a Form 15 with the Commission to suspend its reporting obligations under Sections 13 and 15(d) of the Exchange Act.

Nine Mile Metals Updates Loan Financing to Convertible Loan

Retrieved on: 
Monday, November 27, 2023

VANCOUVER, British Columbia, Nov. 27, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), discloses that it will update the proposed unsecured loan financing for proceeds of up to $500,000 that it announced in the Company’s news release on November 21, 2023, to an unsecured convertible loan financing (the “Convertible Loan”).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 27, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), discloses that it will update the proposed unsecured loan financing for proceeds of up to $500,000 that it announced in the Company’s news release on November 21, 2023, to an unsecured convertible loan financing (the “Convertible Loan”).
  • The Convertible Loan financing will be for proceeds of up to $500,000.
  • Convertible Loan proceeds will be used for advancing the bulk sample program on the Nine Mile Brook project and general working capital.
  • The terms of the Convertible Loan are subject to acceptance by the CSE.