PALM

Great Elm Capital Corp. Prices Public Offering of $30,000,000 of 8.50% Notes Due 2029

Retrieved on: 
Tuesday, April 9, 2024

The Company has also granted the underwriters a 30-day option to purchase up to an additional $4,500,000 aggregate principal amount of Notes to cover over-allotments, if any.

Key Points: 
  • The Company has also granted the underwriters a 30-day option to purchase up to an additional $4,500,000 aggregate principal amount of Notes to cover over-allotments, if any.
  • The closing of the transaction is subject to customary closing conditions, and the Notes are expected to be delivered on or about April 17, 2024.
  • Ladenburg Thalmann & Co. Inc., InspereX LLC, Janney Montgomery Scott LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering.
  • The information in this press release and the preliminary prospectus is not complete and may be changed.

Intech Continues Momentum with Feature in FundFire, Following P&I Highlight

Retrieved on: 
Tuesday, April 9, 2024

Following a detailed feature in Pensions & Investments that highlighted the firm's turnaround post-management buyout, FundFire has now released an insightful article, "Intech 2.0?

Key Points: 
  • Following a detailed feature in Pensions & Investments that highlighted the firm's turnaround post-management buyout, FundFire has now released an insightful article, "Intech 2.0?
  • How the Firm Plans to Recover From a 75% Asset Plunge," penned by financial reporter Bridget Hickey.
  • This latest feature in FundFire offers an in-depth look at Intech's strategic efforts and innovations since its separation from Janus Henderson in 2022.
  • "This feature, along with our recent highlight in Pensions & Investments, reflects our dedication to innovation and our commitment to delivering superior results for our clients."

Great Elm Capital Corp. Announces Public Offering of Unsecured Notes

Retrieved on: 
Tuesday, April 9, 2024

PALM BEACH GARDENS, Fla., April 09, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the commencement of an underwritten public offering of unsecured notes due 2029 (the “Notes”).

Key Points: 
  • PALM BEACH GARDENS, Fla., April 09, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the commencement of an underwritten public offering of unsecured notes due 2029 (the “Notes”).
  • The Notes are expected to be listed on The Nasdaq Global Market under the trading symbol “GECCI,” and to trade thereon within 30 days from the original issue date.
  • The interest rate and other terms of the Notes will be determined by negotiations between the Company and the underwriters.
  • Ladenburg Thalmann & Co. Inc., InspereX LLC, Janney Montgomery Scott LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering.

Veriato Launches Next Generation Insider Risk Management Solution to Meet Today’s Organizational Cybersecurity Needs

Retrieved on: 
Monday, April 8, 2024

WEST PALM BEACH, Fla., April 08, 2024 (GLOBE NEWSWIRE) -- Veriato released their next generation Insider Risk Management (IRM) solution, re-imagined from the ground up to deliver superior insider risk management and threat detection.

Key Points: 
  • WEST PALM BEACH, Fla., April 08, 2024 (GLOBE NEWSWIRE) -- Veriato released their next generation Insider Risk Management (IRM) solution, re-imagined from the ground up to deliver superior insider risk management and threat detection.
  • With organizations of all sizes facing a more complex cybersecurity environment, Veriato IRM delivers unprecedented flexibility and scalability using the power of GenAI.
  • Veriato’s IRM solution offers best-in-class technology for companies looking to improve their threat mitigation with AI enabled predictive analytics delivering better detection and predictability.
  • The new platform provides the agility and usability that make it a must-have in the fight against increasing insider threats.

Illegal Racketeering & Systemic Injustices Unveiled In Town of Palm Beach: McWhorter Foundation’s Authentic Comprehensive Report Number One:

Retrieved on: 
Thursday, April 4, 2024

PALM BEACH, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- This authentic comprehensive report delves into the intricate web of systemic injustices faced by C.K. McWhorter, shedding light on the collusion between law enforcement agencies, high net worth individuals, businesses, institutions and societal structures in the town of Palm Beach states at large. Through meticulous investigation and analysis, this report uncovers some of the historical roots of systemic racism and discrimination that continue to permeate the town's social fabric. It also highlights McWhorter's resilient response to these challenges and outlines proposed measures for reform and accountability.

Key Points: 
  • PALM BEACH, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- This authentic comprehensive report delves into the intricate web of systemic injustices faced by C.K.
  • McWhorter serves as a microcosm of the systemic injustices that pervade the town, revealing deep-seated biases and abuses of power within its institutions.
  • McWhorter, a minority entrepreneur and former resident of the town of Palm Beach, became embroiled in a series of events following a routine background check by the breakers palm beach resort.
  • Historical Context: The systemic injustices faced by McWhorter are rooted in Palm Beach's history of segregation and elitism.

Ocwen Financial Announces Intention to Rebrand as Onity™ Group

Retrieved on: 
Wednesday, April 3, 2024

WEST PALM BEACH, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced plans to change its name to Onity Group Inc. The Company will submit a proposal to effect the name change at its Annual Meeting of Shareholders scheduled for May 28, 2024.

Key Points: 
  • WEST PALM BEACH, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced plans to change its name to Onity Group Inc.
  • The Company will submit a proposal to effect the name change at its Annual Meeting of Shareholders scheduled for May 28, 2024.
  • Subject to shareholder approval, the Company expects to formally change its name to Onity Group Inc. and begin trading on the NYSE under the stock symbol “ONIT” in June 2024.
  • The Company believes its new name reflects the capabilities of a hard-working team with a can-do attitude and problem-solving culture.

Illegal Surveillance In Americans Homes & Devices Immediate Oversight Of Clearview AI & Similar Technologies Demanded By The McWhorter Foundation

Retrieved on: 
Wednesday, April 3, 2024

These technologies can capture detailed and intimate information about our private lives​ ( Brookings )​​ ( Brennan Center for Justice )​.

Key Points: 
  • These technologies can capture detailed and intimate information about our private lives​ ( Brookings )​​ ( Brennan Center for Justice )​.
  • The use of surveillance technology, including data monitoring and facial recognition, by law enforcement has significantly expanded, raising important questions about privacy, especially within private settings.
  • Independent Oversight and Regulation: We demand the establishment of rigorous oversight mechanisms, including independent bodies that involve community representatives to oversee the deployment and use of surveillance technologies.
  • McWhorter Foundation has not registered with the U.S. Securities and Exchange Commission (SEC) and may operate under exemptions.

New Insights Into Criminal Justice Dynamics in Town Of Palm Beach Support Reasonings For Nationwide Inherent Reform

Retrieved on: 
Tuesday, April 2, 2024

The McWhorter Foundation has requested a federal investigation into the funding of the Town of Palm Beach Police, in regard to the Town Of Palm Beach Police & Fire Foundation which is funded by private donors Residents and Businesses.

Key Points: 
  • The McWhorter Foundation has requested a federal investigation into the funding of the Town of Palm Beach Police, in regard to the Town Of Palm Beach Police & Fire Foundation which is funded by private donors Residents and Businesses.
  • This request opens up broader conversations about the intersection of wealth, justice, and equity, not only in Palm Beach but across the United States.
  • This scenario in Palm Beach serves as a microcosm for examining how financial interests may influence law enforcement priorities and actions.
  • Calls for Comprehensive Reform: The interconnectedness of these issues underscores the need for comprehensive criminal justice reform.

Global Human Capital Management (HCM) Market Expected to Reach $63.14 Billion By 2032

Retrieved on: 
Tuesday, April 2, 2024

Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.

Key Points: 
  • Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.
  • The market growth is expected to be driven by the demand for people and performance management solutions.
  • A report from Fortune Business Insights projected that the global Human Capital Management (HCM) market size, which was valued at USD 28.86 billion in 2023 is projected to grow from USD 31.34 billion in 2024 to USD 63.14 billion by 2032, exhibiting a CAGR of 9.1% during the forecast period.
  • Many businesses are transitioning from traditional human capital management systems to cloud-based solutions to save on infrastructure and maintenance expenses.

Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024

Retrieved on: 
Tuesday, April 2, 2024

A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).

Key Points: 
  • A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).
  • In 2018, Interior Department listed lithium as a critical mineral, which paced up the mine permitting process.
  • Grand View Research continued: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.