100,000

Independence Realty Trust Provides Business Update in Advance of Participating in Nareit’s REITworld 2022 Annual Conference

Retrieved on: 
Tuesday, November 8, 2022
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, CO, IRT, 100,000, Investment, NYSE, Nature, Internal Revenue Code section 1031, OH, OK, XV, Intention, REIT, Technology, Board, COVID-19, Securities Act of 1933, SEC, Failure, Annual report, Board of directors, Uncertainty, Infection, Public expenditure, Securities Exchange Act of 1934, Compliance, STAR, Growth, Neutron star merger, Internal Revenue Code, Federal Lands Jobs and Energy Security Act, Disaster, Industry, Property management, Director

Non value add represents 92 properties that did not have ongoing value add projects as of November 7, 2022.

Key Points: 
  • Non value add represents 92 properties that did not have ongoing value add projects as of November 7, 2022.
  • Value add represents the 21 properties with ongoing value add projects as of November 7, 2022.
  • 4Q 2022 average occupancy and resident retention rates are through November 7, 2022.
  • 4Q 2022 lease over lease effective rental rate growth are for leases commencing during 4Q 2022 that were signed as of November 7, 2022.

Switch Announces Third Quarter 2022 Financial Results

Retrieved on: 
Wednesday, November 9, 2022
Citadel, Risk, Growth, SEC, Maintenance, Income, REIT, Financial condition report, Depreciation, CFO, U.S. Securities and Exchange Commission, Telecommunication, LAS, Solution, Tax, Analysis, Investor, Industry, Conversation, Adoption, GAAP, NYSE, Biotechnology, 100,000, Vii, Forward-looking statement, COVID-19, Board of directors, Annual report, Switch (company), Electricity, Mission statement, Legislation, Hart–Scott–Rodino Antitrust Improvements Act, Contract, XV, EBITDA, Internet, Tenant, Table, Public expenditure, Ix, Technology, Capital expenditure, Result, Board, Xi, Americans with Disabilities Act of 1990, Investment, CORE, Funds from operations, Security (finance), Bank, Video game, Bookkeeping, Holding company, Q3, Adjustment, Operation, Director

LAS VEGAS, Nov. 9, 2022 /PRNewswire/ -- Switch, Inc. (NYSE: SWCH) ("Switch") today announced financial results for the quarter ended September 30, 2022.

Key Points: 
  • Switch reported consolidated third quarter 2022 revenue of $174.5 million, representing 10% growth compared to the third quarter of 2021 and increasing 4% from the second quarter of 2022.
  • Switch reported a third quarter 2022 net loss of $0.2 million, compared to a net loss of $0.9 million in Q3 2021.
  • Third quarter 2022 Adjusted Funds from Operations were $56.4 million, compared to $51.1 million in the year ago quarter.
  • As of September 30, 2022, Switch had liquidity of $124.3 million, including cash and cash equivalents and availability under its revolver.

Greif, Inc. Attends Baird Global Industrial Conference; Reaffirms Fiscal Year 2022 Guidance

Retrieved on: 
Wednesday, November 9, 2022
OCC, Investor, 100,000, News, Cyprus Securities and Exchange Commission, Risk, Adoption, Investor relations, GAAP, Compliance, Company, Instability, NYSE, Private Securities Litigation Reform Act, Conference call, Income, Privacy, XXV, Pressure, XV, Insurance, Weakness, Corporation, Forward-looking statement, APAC, EMEA, COVID-19, Health, View, Conference, Information technology, Rationalization, Form 10-K, PPS, Multimedia, GIP, Plant, Video game, Risk management, Greif, American

This guidance reaffirmation is mainly attributable to better-than-expected price realization in fiscal fourth quarter across both our Paper Packaging & Services (PPS) and Global Industrial Packaging (GIP) segments, offset by lower than expected volumes.

Key Points: 
  • This guidance reaffirmation is mainly attributable to better-than-expected price realization in fiscal fourth quarter across both our Paper Packaging & Services (PPS) and Global Industrial Packaging (GIP) segments, offset by lower than expected volumes.
  • The Company will report its fiscal fourth quarter 2022 financial results after the market closes on Wednesday, December 7, 2022.
  • Conference call details will be provided through an upcoming save the date press release the week of November 14, 2022.
  • 2Assumes tax rate excluding adjustments of 23.0%, the midpoint of the guidance range provided on our Q3 2022 earnings call.

Ouster and Velodyne Announce Proposed Merger of Equals to Accelerate Lidar Adoption

Retrieved on: 
Monday, November 7, 2022
Robotics, Vehicle Technology, Automotive, Technology, Autonomous Driving, Vehicles, Software, Hardware, Slate, ADAS, 100,000, Failure, Annual report, U.S. Securities and Exchange Commission, Form, Technology, SEC, Terrorism, Solution, Sumathi Best Television Current Reporting Award, Prospectus, Growth, XV, Board, Intellectual property, NYSE, Securities Act of 1933, JOINT, Skadden, Security (finance), Efficiency, Sale, Barclays, BofA Securities, Webcast, Latham & Watkins, COVID-19, Sustainability Accounting Standards Board, Review, Adoption, PARTIES, Economics, Investment, Industry, Section 10 of the Canadian Charter of Rights and Freedoms, Combination company, Safety, Motion, NASDAQ, Risk, Name, Robotics, Person, Communication, Management, Renewable energy, Financial adviser, Risk management, Ouster, Velodyne, Part Two

Ouster and Velodyne will host a joint webcast on November 7, 2022 at 8:30 AM ET to discuss the planned merger.

Key Points: 
  • Ouster and Velodyne will host a joint webcast on November 7, 2022 at 8:30 AM ET to discuss the planned merger.
  • Ouster and Velodyne will host a joint webcast on November 7, 2022 at 8:30 AM ET to discuss the proposed merger.
  • Ouster, Velodyne and their respective directors, executive officers and certain employees and other persons may be deemed to be participants in the solicitation of proxies from the stockholders of Ouster and Velodyne in connection with the proposed merger.
  • Additional information regarding the interests of such individuals in the proposed merger will be included in the Joint Proxy Statement/Prospectus relating to the proposed merger when it is filed with the SEC.

Ouster and Velodyne Announce Proposed Merger of Equals to Accelerate Lidar Adoption

Retrieved on: 
Monday, November 7, 2022
Technology, General Automotive, Engineering, Audio, Video, Robotics, Automotive Manufacturing, Manufacturing, Automotive, Vehicle Technology, Autonomous Driving, Vehicles, Transport, Software, Hardware, Logistics, Supply Chain Management, Slate, ADAS, 100,000, Failure, Annual report, U.S. Securities and Exchange Commission, Form, Technology, SEC, Terrorism, Solution, Sumathi Best Television Current Reporting Award, Prospectus, Growth, XV, Board, Intellectual property, NYSE, Securities Act of 1933, JOINT, Skadden, Security (finance), Efficiency, Sale, Barclays, BofA Securities, Webcast, Latham & Watkins, COVID-19, Sustainability Accounting Standards Board, Review, Adoption, PARTIES, Economics, Investment, Industry, Section 10 of the Canadian Charter of Rights and Freedoms, Combination company, Safety, Motion, NASDAQ, Risk, Name, Robotics, Person, Communication, Management, Renewable energy, Financial adviser, Risk management, Ouster, Velodyne, Part Two

Ouster and Velodyne will host a joint webcast on November 7, 2022 at 8:30 AM ET to discuss the planned merger.

Key Points: 
  • Ouster and Velodyne will host a joint webcast on November 7, 2022 at 8:30 AM ET to discuss the planned merger.
  • Ouster and Velodyne will host a joint webcast on November 7, 2022 at 8:30 AM ET to discuss the proposed merger.
  • Ouster, Velodyne and their respective directors, executive officers and certain employees and other persons may be deemed to be participants in the solicitation of proxies from the stockholders of Ouster and Velodyne in connection with the proposed merger.
  • Additional information regarding the interests of such individuals in the proposed merger will be included in the Joint Proxy Statement/Prospectus relating to the proposed merger when it is filed with the SEC.

Broadwind Appoints Sachin Shivaram to Board of Directors

Retrieved on: 
Friday, November 4, 2022
Economy, Internal Revenue Code section 409A, Company, University, 100,000, Literature, Growth, Board of directors, Board, McKinsey & Company, Industry, GLOBE, Form 10-K, History, Coronavirus, Yale Law School, Internal Revenue Code, Securities Exchange Act of 1934, Wind, Samuel, Son & Co., COVID-19, Steel, CEO, ArcelorMittal, Federation, U.S. Securities and Exchange Commission, Aluminium, Severstal, NASDAQ, Philosophy, Security (finance), Public expenditure, Harvard University, Solution, Management, Bank, CICERO

CICERO, Ill., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN, or the Company), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced the appointment of Mr. Sachin Shivaram to its Board of Directors, effective November 2, 2022.

Key Points: 
  • CICERO, Ill., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN, or the Company), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced the appointment of Mr. Sachin Shivaram to its Board of Directors, effective November 2, 2022.
  • Mr. Shivaram brings to Broadwind more than fourteen (14) years of strategic leadership experience within the precision manufacturing sector.
  • Mr. Shivaram also serves as a member of the Board of Directors of Lodge Cast Iron.
  • Previously, Mr. Shivaram served as President, Sierra Aluminum and Pressure Vessel Group, both divisions of Samuel, Son & Co.

Pricing of EnerVest Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia; Magnolia Agreement to Purchase 2,000,000 Shares of Class B Common Stock from EnerVest

Retrieved on: 
Friday, November 4, 2022
Oil, Gas, Energy, Company, J. P. Morgan, Telephone, Xi, Organization, LLC, 100,000, XV, Disease, Sale, Vii, Eagle Ford Group, Offering, NYSE, Natural gas, Uncertainty, Securities Exchange Act of 1934, COVID-19, Weather, Instability, Securities Act of 1933, Annual report, U.S. Securities and Exchange Commission, MGY, Ix, Organization of Arab Petroleum Exporting Countries, Common stock, Atlas, Common, Budget, Security (finance), Public expenditure, SEC, Policy, Terrorism, Oil

The Company will not sell any shares of its Class A Common Stock in the Offering or receive any proceeds from the Offering.

Key Points: 
  • The Company will not sell any shares of its Class A Common Stock in the Offering or receive any proceeds from the Offering.
  • In connection with the Offering, the Company has agreed to purchase from the Selling Stockholders 2,000,000 shares of the Companys Class B common stock at a price per share equal to the price per share at which the underwriter purchases shares of the Companys Class A Common Stock in the Offering (the Class B Common Stock Purchase).
  • The Offering is not conditioned upon the completion of the Class B Common Stock Purchase, but the Class B Common Stock Purchase is conditioned upon the completion of the Offering.
  • Following the closing of the Offering and Class B Common Stock Purchase, the Selling Stockholders will own 8,296,077 Class A and 21,826,805 Class B shares of the Company, or approximately 14% of the total outstanding shares of the Company.

Super Group Announces Intention to Commence Exchange Offer and Consent Solicitation

Retrieved on: 
Friday, November 4, 2022
General Sports, Sports, Online, Mobile Entertainment, Electronic Games, Other Sports, Casino, Gaming, Entertainment, Confidentiality, Company, 100,000, Business architecture, Growth, Sport, Compliance, Warrant, XV, Industry, Private Securities Litigation Reform Act, NYSE, XXV, Group, COVID-19, Combination, New, Super Group, IPO, Securities Act of 1933, Annual report, Forward-looking statement, Risk, SGHC, DGC, Acquisition, SPAC, SEC, Privacy, Solution, Security (finance), Super

The Company intends to offer to all holders of the public warrants the opportunity to receive 0.25 Ordinary Shares in exchange for each outstanding public warrant tendered by the holder and exchanged pursuant to the Offer.

Key Points: 
  • The Company intends to offer to all holders of the public warrants the opportunity to receive 0.25 Ordinary Shares in exchange for each outstanding public warrant tendered by the holder and exchanged pursuant to the Offer.
  • If approved, the Warrant Amendment would permit the Company to eliminate all of the Warrants that remain outstanding after the Offer is consummated.
  • This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
  • Super Group does not give any assurance that it will achieve its expectations.

Super Group Provides a Business Update and Reiterates 2022 Guidance

Retrieved on: 
Friday, November 4, 2022
Entertainment, Sports, Other Sports, Mobile Entertainment, Licensing (Sports), Electronic Games, Casino, Gaming, Confidentiality, 100,000, Company, Growth, Sport, Compliance, XV, Industry, Private Securities Litigation Reform Act, NYSE, EBITDA, Revenue, XXV, Group, Digital, COVID-19, Super Group, Adjustment, Spin, Annual report, Ownership, Forward-looking statement, Risk, SGHC, Acquisition, Technology, SEC, Privacy, Solution, Super, Jumpman

Super Group (SGHC) Limited (NYSE: SGHC) (SGHC or Super Group or the Company), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, provided an update on its business performance and reaffirmed its 2022 guidance.

Key Points: 
  • Super Group (SGHC) Limited (NYSE: SGHC) (SGHC or Super Group or the Company), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, provided an update on its business performance and reaffirmed its 2022 guidance.
  • On September 1, 2022, Super Group acquired a majority stake in Jumpman Gaming Limited (Jumpman), a profitable UK-focused online casino business.
  • This acquisition provides additional opportunities for Super Group in the UK, as well as other international markets into which Jumpman can expand using its proprietary technology.
  • Super Groups previously stated financial guidance for 2022 does not include the results of Jumpman.

EnerVest Proposed Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia; Magnolia Intention to Purchase 2,000,000 Shares of Class B Common Stock from EnerVest

Retrieved on: 
Thursday, November 3, 2022
Energy, Professional Services, Oil, Gas, Finance, Company, J. P. Morgan, Telephone, Xi, Organization, LLC, 100,000, XV, Disease, Sale, Vii, Eagle Ford Group, Offering, NYSE, Natural gas, Uncertainty, Securities Exchange Act of 1934, COVID-19, Weather, Instability, Securities Act of 1933, Annual report, U.S. Securities and Exchange Commission, MGY, Ix, Organization of Arab Petroleum Exporting Countries, Common stock, Atlas, Common, Budget, Security (finance), Public expenditure, SEC, Policy, Terrorism, Oil

Magnolia will not sell any shares of its Class A Common Stock in the Offering and will not receive any proceeds from the sale by the Selling Stockholders of shares of Class A Common Stock.

Key Points: 
  • Magnolia will not sell any shares of its Class A Common Stock in the Offering and will not receive any proceeds from the sale by the Selling Stockholders of shares of Class A Common Stock.
  • In connection with the Offering, the Company intends to purchase from the Selling Stockholders 2,000,000 shares of the Companys Class B common stock at a price per share equal to the price per share at which the underwriter purchases shares of the Companys Class A Common Stock in the Offering (the Class B Common Stock Purchase).
  • The Offering is not conditioned upon the completion of the Class B Common Stock Purchase, but the Class B Common Stock Purchase is conditioned upon the completion of the Offering.
  • Following the closing of the Offering and Class B Common Stock Purchase, the Selling Stockholders will own 8,296,077 Class A and 21,826,805 Class B shares of the Company, or approximately 14% of the total outstanding shares of the Company.