4th floor

Marex Group plc Announces Filing of Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.
  • The timing of the offering, number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Barclays, Goldman Sachs & Co. LLC, Jefferies, and Keefe, Bruyette & Woods, a Stifel Company, are acting as joint lead book-running managers for the proposed offering.
  • A registration statement relating to these securities has been filed with the SEC but has not yet become effective.

Eagle Point Income Company Inc. Prices Offering of Preferred Stock

Retrieved on: 
Wednesday, March 27, 2024

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has priced an underwritten public offering of 1,220,000 shares of its 8.00% Series C Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $29.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has priced an underwritten public offering of 1,220,000 shares of its 8.00% Series C Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $29.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.
  • The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency.
  • In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 183,000 shares of Preferred Stock on the same terms and conditions.
  • The Preferred Stock offering is expected to close on April 3, 2024, subject to customary closing conditions.

Eagle Point Income Company Inc. Announces Offering of Preferred Stock

Retrieved on: 
Tuesday, March 26, 2024

Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has commenced an underwritten public offering of its Series C Term Preferred Stock (the “Preferred Stock”).

Key Points: 
  • Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it has commenced an underwritten public offering of its Series C Term Preferred Stock (the “Preferred Stock”).
  • The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters.
  • The Preferred Stock is rated ‘BBB’ by Egan-Jones Ratings Company, an independent rating agency.
  • In addition, the Company plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions.

Berkshire Hathaway Specialty Insurance Names Ingo Lorber Head of Claims for DACH Region

Retrieved on: 
Tuesday, April 2, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ingo Lorber to Head of Claims for Germany, Austria, and Switzerland (DACH).

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ingo Lorber to Head of Claims for Germany, Austria, and Switzerland (DACH).
  • “BHSI’s commitment to consistently excellent service and doing the right thing for our customers and brokers is embodied in our CLAIMS IS OUR PRODUCT philosophy,” said Andreas Krause, Head of DACH, BHSI.
  • He joined BHSI a year ago as the company deepened its service infrastructure in the DACH region.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Berkshire Hathaway Specialty Insurance Promotes Daniela Peeters to Lead Customer & Broker Engagement in Germany

Retrieved on: 
Tuesday, March 26, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Daniela Peeters as Head of Customer & Broker Engagement in Germany.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Daniela Peeters as Head of Customer & Broker Engagement in Germany.
  • She was previously Customer & Broker Engagement Manager for Northern Germany.
  • “Daniela lives our BHSI values, bringing them to her every interaction with our customers and brokers,” said Andreas Krause, Head of DACH, BHSI.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

SXSW Announces Winners of 2024 Pitch Competition

Retrieved on: 
Monday, March 11, 2024

AUSTIN, Texas, March 10, 2024 /PRNewswire/ -- This evening, South by Southwest® (SXSW®) Conference and Festivals announced the winners of the 16th annual SXSW Pitch event presented by KPMG, which took place March 9-10 at the Hilton Austin Downtown during the Startups track of the SXSW Conference. In addition to a winner chosen from each of the nine categories, winners were selected for the "Best Bootstrap Company", "Best Speed Pitch", "Best in Inclusivity" and "Best In Show" awards.

Key Points: 
  • AUSTIN, Texas, March 10, 2024 /PRNewswire/ -- This evening, South by Southwest® (SXSW®) Conference and Festivals announced the winners of the 16th annual SXSW Pitch event presented by KPMG , which took place March 9-10 at the Hilton Austin Downtown during the Startups track of the SXSW Conference.
  • The category winners of the 2024 SXSW Pitch event are:
    Innovative World Technologies, sponsored by Collins Aerospace : Cephable (Boston, MA)
    Smart Cities, Transportation & Logistics sponsored by Collins Aerospace : Lotus (San Jose, CA)
    Student Startup, sponsored by The University of Texas at Austin : Paradigm Robotics (Austin, TX)
    SXSW Pitch 2024 also honored its "Best In Show" winner, OpusClip .
  • Each of the Pitch winners received a cash prize, two badges for next year's SXSW conference, the SXSW Arrow Trophy, and most importantly, exceptional exposure to SXSW attendees and potential investors who are looking for the latest in cutting-edge technology and innovation.
  • "We are proud that in its 16th year, SXSW Pitch continues to showcase incredible technology innovations and revolutionary startups from around the globe," said SXSW Pitch Event Producer, Chris Valentine.

Grupo Aeroportuario Del Pacifico Announces Annual General Ordinary And Extraordinary Shareholders’ Meeting

Retrieved on: 
Thursday, February 29, 2024

GUADALAJARA, Mexico, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B.

Key Points: 
  • GUADALAJARA, Mexico, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B.
  • de C.V. invites its shareholders to the General Ordinary and General Extraordinary Shareholders’ Meeting on April 25, 2024 at 12:00 and 2:00 pm, respectively, in Salon Midtown Ballroom 3, 3rd floor of the Hilton Hotel, located at Av.
  • V. Cancellation of any amounts outstanding under the share repurchase program approved at the Annual General Ordinary Shareholders’ Meeting that took place on April 13, 2023, which amounts to Ps.
  • The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors.

Form 8.1 Opening Position Disclosure (MariaDB plc)

Retrieved on: 
Thursday, March 7, 2024

The business address of Runa Capital is Williams House, 4th Floor, 20 Reid Street, Hamilton HM 11, Bermuda.

Key Points: 
  • The business address of Runa Capital is Williams House, 4th Floor, 20 Reid Street, Hamilton HM 11, Bermuda.
  • For the avoidance of doubt, no such Ordinary Share are owned by Michael Fanfant.
  • Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8.
  • Is a Supplemental Form 8 attached?

Bakkt Announces $40 Million Registered Direct Offering with Institutional Investors and $10 Million Concurrent Registered Direct Offering

Retrieved on: 
Thursday, February 29, 2024

The purchase price of each share of Class A common stock and accompanying warrant is $0.8670 (or $0.8669 per pre-funded warrant and accompanying warrant).

Key Points: 
  • The purchase price of each share of Class A common stock and accompanying warrant is $0.8670 (or $0.8669 per pre-funded warrant and accompanying warrant).
  • The Third-Party Offering is expected to close on March 4, 2024, subject to customary closing conditions.
  • Each investor will receive 50% of its non-prefunded warrants in Class 1 warrants and the other 50% in Class 2 warrants.
  • Bakkt intends to use the net proceeds from the offerings primarily for working capital and other general corporate purposes.

Vertical Enters Into Investment Agreement With Founder and CEO, Stephen Fitzpatrick Committing to Provide up to $50 Million of Funding

Retrieved on: 
Thursday, February 22, 2024

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, entered into an investment agreement with its founder, majority shareholder and Chief Executive Officer, Stephen Fitzpatrick, in respect of a commitment by Mr. Fitzpatrick to provide up to $50 million of funding to the company in the form of an equity investment.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, entered into an investment agreement with its founder, majority shareholder and Chief Executive Officer, Stephen Fitzpatrick, in respect of a commitment by Mr. Fitzpatrick to provide up to $50 million of funding to the company in the form of an equity investment.
  • This follows the January 21, 2024 previously announced legally binding termsheet agreement relating to the committed funding.
  • As part of the commitment, Vertical is obligated to call an extraordinary general meeting of the shareholders of the company (the “EGM”) to vote on the adoption of certain amendments to its amended and restated memorandum and articles of association.
  • Vertical has furnished a circular to its shareholders, providing notice of the EGM, which will be a physical-only meeting taking place at 09:30 GMT on March 13, 2024, at the offices of the Company: 4th Floor, United House, 9 Pembridge Road, London W11 3JY, United Kingdom – including a letter and a form of proxy card in connection with the proposals sought to be adopted by the EGM.