Professional Services

FG Financial Group, Inc. Announces Pricing of Public Offering

Monday, October 25, 2021 - 11:26pm

FG Financial Group, Inc. (NASDAQ: FGF), (FG Financial Group or the Company) today announced the pricing of its underwritten public offering of 652,174 shares of its common stock, at a public offering price of $4.00 per share, for gross proceeds of $2,608,696, before deducting underwriting commissions and offering expenses.

Key Points: 
  • FG Financial Group, Inc. (NASDAQ: FGF), (FG Financial Group or the Company) today announced the pricing of its underwritten public offering of 652,174 shares of its common stock, at a public offering price of $4.00 per share, for gross proceeds of $2,608,696, before deducting underwriting commissions and offering expenses.
  • The offering is expected to close on October 28, 2021, subject to satisfaction of customary closing conditions.
  • ThinkEquity is acting as sole book-running manager for the offering.
  • The offering will be made only by means of a written prospectus, which has been or will be filed with the SEC on its website at www.sec.gov .

Vesper Finance Launches Aggressive Grow Pools for DAI, ETH and WBTC

Monday, October 25, 2021 - 11:22pm

Vesper Finance , a leading DeFi ecosystem and growth engine for crypto assets, today announced the availability of three new aggressive Grow Pools DAI, Ethereum (ETH), and Wrapped Bitcoin (WBTC) on Vespers web app following a successful beta period.

Key Points: 
  • Vesper Finance , a leading DeFi ecosystem and growth engine for crypto assets, today announced the availability of three new aggressive Grow Pools DAI, Ethereum (ETH), and Wrapped Bitcoin (WBTC) on Vespers web app following a successful beta period.
  • The Vesper Grow family of pools deliver an easy-to-use, set-and-forget way for depositors to earn yield on their cryptocurrency holdings.
  • Aggressive pools are designed for more experienced DeFi users with a higher risk tolerance.
  • The new aggressive pools for ETH, WBTC and DAI, in addition to their conservative counterparts, provide Vesper users with greater choice and flexibility based on their risk appetite, said Jordan Kruger, co-founder of Vesper Finance.

EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages BioMarin Pharmaceutical Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – BMRN

Monday, October 25, 2021 - 11:09pm

WHAT TO DO NEXT: To join the BioMarin class action, go to http://www.rosenlegal.com/cases-register-2185.html or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the BioMarin class action, go to http://www.rosenlegal.com/cases-register-2185.html or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Two Banks Partner on $6K Grant to Baton Rouge, Louisiana, Nonprofit

Monday, October 25, 2021 - 11:07pm

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    FOAM said it plans to use the funding to expand its programs and capacity to serve the community.
  • The organization was established in 2017 to advocate for the role of fathers, father figures and youth in Baton Rouge, Louisiana.
  • Personal banking has always been Home Banks trademark and that tradition continues as we grow, invest and serve our clients and community.
  • The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932.

Elliot K. Mills Elected to Bank of Hawaii Corporation Board of Directors

Monday, October 25, 2021 - 10:35pm

Bank of Hawaii Corp. (NYSE: BOH) announced that its board of directors has elected Elliot K. Mills to serve on its board of directors, effective Oct. 22, 2021, until the annual election of directors at the banks next annual shareholders meeting.

Key Points: 
  • Bank of Hawaii Corp. (NYSE: BOH) announced that its board of directors has elected Elliot K. Mills to serve on its board of directors, effective Oct. 22, 2021, until the annual election of directors at the banks next annual shareholders meeting.
  • With the addition of Mills, Bank of Hawaii Corporations board of directors increases from 13 to 14.
  • Mills serves on Bank of Hawaiis Human Resources and Compensation Committee, Nominating and Corporate Governance Committee and Digital Advisory Committee.
  • View the full release here: https://www.businesswire.com/news/home/20211025005824/en/
    On behalf of Bank of Hawaii, I am delighted to welcome Elliot to our board of directors, said Peter Ho, chairman, president and chief executive officer of Bank of Hawaii Corp.

Jefferies Financial Group, Inc. Announces the Pricing Terms of Its Tender Offer for Certain Outstanding Senior Notes

Monday, October 25, 2021 - 10:33pm

The Total Cash Payment includes the early tender premium of $2.00 per $1,000 principal amount of Notes.

Key Points: 
  • The Total Cash Payment includes the early tender premium of $2.00 per $1,000 principal amount of Notes.
  • In accordance with the terms of the Tender Offer, the withdrawal deadline was 5:00 p.m., New York City time, on October 22, 2021.
  • The Tender Offer will expire at 11:59 p.m., New York City time, on November 5, 2021 (the Expiration Date), unless extended or earlier terminated by JFG.
  • This press release does not constitute an offer to buy or a solicitation of an offer to sell any Notes.

Global Technology Acquisition Corp. I Announces Closing of Upsized Initial Public Offering and Exercise of Over-Allotment Option Generating Total Gross Proceeds of $200m

Monday, October 25, 2021 - 10:25pm

I (the Company) announced today the closing of its initial public offering of 20,000,000 units (upsized from 15,000,000 units), which includes 2,500,000 units issued upon the exercise of the underwriters over-allotment option, at a public offering price of $10.00 per unit.

Key Points: 
  • I (the Company) announced today the closing of its initial public offering of 20,000,000 units (upsized from 15,000,000 units), which includes 2,500,000 units issued upon the exercise of the underwriters over-allotment option, at a public offering price of $10.00 per unit.
  • The total gross proceeds of the initial public offering amounts to $200,000,000.
  • Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share.
  • The units are listed on the Nasdaq Global Market (Nasdaq) under the ticker symbol GTACU.

Viston United Swiss AG Commences All-Cash Offer to Acquire Petroteq Energy Inc.

Monday, October 25, 2021 - 10:23pm

Viston United Swiss AG (Viston) and its indirect, wholly-owned subsidiary, 2869889 Ontario Inc. (the Offeror) today announced that the Offeror has commenced a formal offer (the Offer) to acquire all of the issued and outstanding common shares (the Common Shares) of Petroteq Energy Inc. (Petroteq) (TSX-V:PQE; OTC:PQEFF; FSE:PQCF).

Key Points: 
  • Viston United Swiss AG (Viston) and its indirect, wholly-owned subsidiary, 2869889 Ontario Inc. (the Offeror) today announced that the Offeror has commenced a formal offer (the Offer) to acquire all of the issued and outstanding common shares (the Common Shares) of Petroteq Energy Inc. (Petroteq) (TSX-V:PQE; OTC:PQEFF; FSE:PQCF).
  • The Offer to Purchase and Circular (the Offer to Purchase and Circular) and related documents were mailed to Petroteq shareholders (Shareholders) on October 25, 2021 and the Offer commenced the same day.
  • Subject to future developments, Viston (and, if applicable, Petroteq) may file additional documents with the Securities and Exchange Commission (the SEC).
  • This communication does not constitute an offer to buy or solicitation of an offer to sell any securities.

BNY Mellon High Yield Strategies Fund Declares Dividend

Monday, October 25, 2021 - 10:13pm

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.

Key Points: 
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the worlds largest asset managers, with $2.3 trillion in assets under management as of September 30, 2021.
  • Through an investor-first approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialist expertise from eight investment firms offering solutions across every major asset class, backed by the strength, stability, and global presence of BNY Mellon.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $45.3 trillion in assets under custody and/or administration as of September 30, 2021.

SRL Continuity Opinion Changes: Lloyd’s Syndicates (Argo, Hardy, Markel, MS Amlin, Cincinnati, Catlin, Hiscox, Faraday, Travelers)

Monday, October 25, 2021 - 10:20pm

June 18 2021 B^ (Average), negative outlook, Continuity Opinion of syndicate 382 downgraded to B-^ (Below Average) with the syndicates 5-year average performance remaining in line with benchmarks for the B- Continuity Opinion peer group.

Key Points: 
  • June 18 2021 B^ (Average), negative outlook, Continuity Opinion of syndicate 382 downgraded to B-^ (Below Average) with the syndicates 5-year average performance remaining in line with benchmarks for the B- Continuity Opinion peer group.
  • June 15 2021 B+^ (Above Average) Continuity Opinion of syndicate 2001 downgraded to B (Average) due to continued underperformance relative to its Continuity Opinion peer group.
  • September 4 2020 B^ (Average) Continuity Opinion of syndicate 5000 confirmed following the conclusion of a review for possible downgrade.
  • Outlook changed to negative in light of the syndicates continuing underperformance relative to its Continuity Opinion peer group.