Rule

KeyBanc Capital Markets and Sapphire Ventures Private SaaS Company Survey Reveals Pivot to Efficient Growth and Profitability

Retrieved on: 
Monday, December 18, 2023

SAN FRANCISCO and MENLO PARK, Calif., Dec. 18, 2023 /PRNewswire/ -- KeyBanc Capital Markets (KBCM), the corporate and investment banking unit of KeyCorp in partnership with Sapphire Ventures, a global software venture capital firm backing companies of consequence, released results from KBCM's Technology Group's 14th annual Private SaaS Company Survey, the benchmarking report by which the SaaS industry measures financial and operating performance.

Key Points: 
  • This year's survey revealed trends of decelerated growth and a transition towards profitability in 2023, a resounding theme throughout the report's findings.
  • "Sapphire Ventures is pleased to partner with KeyBanc Capital Markets on this invaluable report and reference point for the start-up SaaS industry.
  • The KBCM and Sapphire Ventures Private SaaS Company Survey provides credible operational and financial benchmarking data for executives and investors in SaaS companies of all sizes.
  • To view the full survey results, methodology and to see a deeper analysis of the findings, visit us at http://www.key.com/saassurvey .

Bright Green Corporation announces exclusive partnership with Asia Capital Pioneers Group to present new EB-5 offering

Retrieved on: 
Thursday, November 16, 2023

GRANT, N.M., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Bright Green Corporation (BGXX) (“BGXX”, “Bright Green” or the “Company”) today announced the Company’s new alliance with Asia Capital Pioneers Group Inc. (“ACPG”), an Asia-based investment firm with global investments within high growth industries.

Key Points: 
  • GRANT, N.M., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Bright Green Corporation (BGXX) (“BGXX”, “Bright Green” or the “Company”) today announced the Company’s new alliance with Asia Capital Pioneers Group Inc. (“ACPG”), an Asia-based investment firm with global investments within high growth industries.
  • The partnership comes in conjunction with Bright Green’s new EB-5 offering of 100,000 shares at a price of $8.80 per share and an initial 3-year lockup.
  • The Company has since established Regional Center Bright Green to manage the processing of the EB-5 investments.
  • Bright Green’s CEO, Groovy Singh, spoke openly about his optimism for the opportunity the partnership will provide.

XiFin Introduces New Payor Rate Transparency Monitor to Inform Diagnostic Provider Reimbursement Strategies

Retrieved on: 
Monday, December 18, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231217140066/en/
    XiFin Payor Rate Transparency Monitor.
  • For the Monitor, XiFin data scientists have meticulously processed, analyzed, and converted such data into consumable insights, including cross-payor visualizations.
  • “With over two decades’ experience within the complicated world of diagnostic revenue cycle, XiFin is uniquely positioned to provide an accurate understanding of the contracted reimbursement rate landscape.
  • The Payor Rate Transparency Monitor’s data visualizations help users to quickly digest the data and see across contract rate highs, lows, and weighted averages by billing code to better inform payor relations strategies,” said Jeff Carmichael, senior vice president, engineering and analytics at XiFin.

New Mountain Finance Corporation Declares a Special Distribution and Announces the Extension of its Stock Repurchase Program

Retrieved on: 
Wednesday, December 13, 2023

In addition, the Company’s board of directors authorized an extension of a previously established stock repurchase program (the “Repurchase Program”).

Key Points: 
  • In addition, the Company’s board of directors authorized an extension of a previously established stock repurchase program (the “Repurchase Program”).
  • Pursuant to the Repurchase Program, the Company can repurchase up to $50 million worth of its common stock at the discretion of NMFC’s management team.
  • The Repurchase Program was set to expire on December 31, 2023, but the Company’s board of directors elected to extend the Repurchase Program through December 31, 2024.
  • To date, approximately $2.9 million worth of repurchases have been made by the Company under the Repurchase Program.

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Retrieved on: 
Monday, December 11, 2023

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges.
  • The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.
  • However, unlike mutual funds, shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units.

Vertiv Hosts Investor Conference and Raises 2023 Guidance

Retrieved on: 
Wednesday, November 29, 2023

A webcast of the live event and presentation materials can be accessed in the Investor Relations section of Vertiv’s website at investors.vertiv.com .

Key Points: 
  • A webcast of the live event and presentation materials can be accessed in the Investor Relations section of Vertiv’s website at investors.vertiv.com .
  • A replay of Vertiv’s 2023 Investor Conference will also be available for 30 days following the webcast and can be accessed at investors.vertiv.com .
  • The cash dividend will be payable on December 27, 2023 to shareholders of record of Class A common stock at the close of business on December 11, 2023.
  • The company has increased 2023 financial guidance as it continues to see strong market demand for its critical digital infrastructure products and services.

Henry Schein Announces Receipt of Deficiency Notice From Nasdaq Regarding Requirement to Timely File Quarterly Report on Form 10-Q

Retrieved on: 
Thursday, November 16, 2023

The notice and the Company’s response are mandated by Nasdaq and Securities and Exchange Commission (“SEC”) rules.

Key Points: 
  • The notice and the Company’s response are mandated by Nasdaq and Securities and Exchange Commission (“SEC”) rules.
  • The Rule requires listed companies to timely file all required periodic reports with the SEC.
  • The deadline for filing the Form 10-Q was November 14, 2023.
  • Nasdaq has provided the Company with 60 days to submit a plan to come into compliance (the “60-day period”).

First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

Retrieved on: 
Monday, November 13, 2023

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges.
  • The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.
  • However, unlike mutual funds, shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units.

María Teresa Kumar, Michael Luttig Named Kettering Foundation Senior Fellows

Retrieved on: 
Wednesday, December 13, 2023

DAYTON, Ohio, Dec. 13, 2023 /PRNewswire/ -- María Teresa Kumar and J. Michael Luttig have accepted appointments as senior fellows, the Charles F. Kettering Foundation announced today. They join nine senior fellows from diverse backgrounds and political views appointed since November to strengthen the Foundation's focus on encouraging civic participation and fighting the rise of authoritarianism and threats to democracy in the US and around the globe. The senior fellows are drawn from both major parties, with distinguished records in government, higher education, civil society, business and journalism.

Key Points: 
  • DAYTON, Ohio, Dec. 13, 2023 /PRNewswire/ -- María Teresa Kumar and J. Michael Luttig have accepted appointments as senior fellows, the Charles F. Kettering Foundation announced today.
  • María Teresa Kumar is Cofounder and President of Voto Latino, a 501(c)(4) advocacy organization, and its sister nonprofit, nonpartisan 501(c)(3) organization, Voto Latino Foundation.
  • "María Teresa Kumar and J. Michael Luttig are fearless defenders of the Constitution, inclusive democracy and the rule of law, and I am delighted to welcome them to the group of senior fellows at the Kettering Foundation," said Davies.
  • The Kettering Foundation will tap the unique strengths, interests and bases of experience of each of its fellows.

CIRO Hearing Panel issues Reasons for Decision in the matter of Maria Santos

Retrieved on: 
Friday, November 10, 2023

TORONTO, Nov. 10, 2023 /CNW/ - A Hearing Panel of the Canadian Investment Regulatory Organization ("CIRO"), has issued its Reasons for Decision dated October 13, 2023 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Winnipeg, Manitoba on March 8, 2023 in the matter of Maria Khristine Santos (the "Respondent").

Key Points: 
  • TORONTO, Nov. 10, 2023 /CNW/ - A Hearing Panel of the Canadian Investment Regulatory Organization ("CIRO"), has issued its Reasons for Decision dated October 13, 2023 ("Reasons for Decision"), in connection with a settlement hearing held electronically by videoconference in Winnipeg, Manitoba on March 8, 2023 in the matter of Maria Khristine Santos (the "Respondent").
  • In its Reasons for Decision, the Hearing Panel confirmed the sanctions imposed on the Respondent.
  • During the period described in the Notice of Hearing, the Respondent conducted business in the Winnipeg, Manitoba area.
  • CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments.