LLC

MD Office Solutions, LLC, acquires Antigua Medical Services, LLC; a Cardiac Mobile Imaging Company in Arizona

Retrieved on: 
Thursday, August 18, 2022 - 12:20am

HAYWARD, Calif., Aug. 17, 2022 (GLOBE NEWSWIRE) -- MD Office Solutions of Arizona, LLC, an Arizona based company, and subsidiary of M.D.O.S.C.A.

Key Points: 
  • HAYWARD, Calif., Aug. 17, 2022 (GLOBE NEWSWIRE) -- MD Office Solutions of Arizona, LLC, an Arizona based company, and subsidiary of M.D.O.S.C.A.
  • Antigua is a mobile nuclear medicine services provider based in Arizona with offices in Phoenix and Tucson, and is engaged in diagnostic imaging services similar to MD Office Solutions.
  • Since its founding in 2009, MD Office Solutionshas been a mobile in-office imaging service provider in Northern California.
  • MD Office Solutions utilizes Digirad Healths state of the art equipment with unique mobile, upright imaging, and solid-state technologies.

KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust VII

Retrieved on: 
Wednesday, August 17, 2022 - 11:43pm

KBRA assigns preliminary ratings to $270 million of notes issued by Research-Driven Pagaya Motor Asset Trust VII (RPM VII), an auto loan ABS transaction.

Key Points: 
  • KBRA assigns preliminary ratings to $270 million of notes issued by Research-Driven Pagaya Motor Asset Trust VII (RPM VII), an auto loan ABS transaction.
  • Pagaya Structured Products LLC is a 100% owned subsidiary of Pagaya US Holding Company LLC (formerly known as Pagaya Investments US LLC), which is a 100% owned subsidiary of Pagaya Technologies Ltd. (Pagaya Technologies), an Israeli corporation.
  • This transaction is the third publicly rated securitization sponsored by Pagaya Structured Products LLC (collectively with its affiliates, Pagaya or the Company).
  • Previously, Pagaya US Holding Company LLC served as sponsor for 16 securitizations of unsecured consumer assets.

United States Steel Corporation, Big River Steel LLC and BRS Finance Corp. Commence Tender Offers to Purchase for Cash $300,000,000 Aggregate Principal Amount of Securities

Retrieved on: 
Wednesday, August 17, 2022 - 11:52pm

The Total Consideration includes the early tender premium for such series of Securities also set forth in the table above (the Early Tender Premium).

Key Points: 
  • The Total Consideration includes the early tender premium for such series of Securities also set forth in the table above (the Early Tender Premium).
  • Holders must validly tender and not subsequently validly withdraw their Securities at or prior to the Early Tender Date in order to be eligible to receive the Total Consideration for such Securities purchased in the Tender Offers.
  • The Offerors have retained Goldman, Sachs & Co. LLC, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC to serve as Dealer Managers for the Tender Offers.
  • Holders of Securities must make their own decision as to whether to tender their Securities and, if so, the principal amount of such Securities to tender.

Gabelli Merger Plus+ Trust plc Update on Share Purchase Offer

Retrieved on: 
Wednesday, August 17, 2022 - 11:49pm

Gabelli Funds, LLC, the investment adviser of Gabelli Merger Plus+ Trust plc (the Company), is providing shareholders, as general information, certain details of the Companys tender offer to purchase certain Ordinary Shares (Offer) in advance of publication of the Offering Circular (Circular), and follows the Companys March 23, 2022 announcement.

Key Points: 
  • Gabelli Funds, LLC, the investment adviser of Gabelli Merger Plus+ Trust plc (the Company), is providing shareholders, as general information, certain details of the Companys tender offer to purchase certain Ordinary Shares (Offer) in advance of publication of the Offering Circular (Circular), and follows the Companys March 23, 2022 announcement.
  • Shareholders should contact Gabelli Funds at GMPteam@gabelli.com to ensure their necessary evidentiary supporting materials are satisfactory and for any general assistance.
  • The Gabelli Merger Plus+ Trust (GMP) was launched in July 2017 to access Gabellis long term efforts in merger investing.
  • The investment backdrop for the Gabelli Merger Plus+ Trust is robust and positively oriented for returns.

First National Realty Partners appoints Tobiasz to Lead R. Weber Construction

Retrieved on: 
Wednesday, August 17, 2022 - 11:10pm

RED BANK, N.J., Aug. 17, 2022 /PRNewswire-PRWeb/ -- First National Realty Partners, LLC (FNRP) has expanded its in-house construction focus, adding R. Weber Construction (RWC) to its vertically integrated platform. Industry veteran Brian Tobiasz has been appointed president of the Red Bank-based owner's representative and general contracting company.

Key Points: 
  • RED BANK, N.J., Aug. 17, 2022 /PRNewswire-PRWeb/ -- First National Realty Partners, LLC (FNRP) has expanded its in-house construction focus, adding R. Weber Construction (RWC) to its vertically integrated platform.
  • RWC will provide construction management and general contracting services to FNRP as well as third-party clients.
  • "RWC has a different perspective on managing construction projects; we think like owners because we are owners," said Tobiasz.
  • Tobiasz also established his own construction management company, Tobiasz Management, which was later acquired by a national commercial real estate brokerage services firm.

Sachem Capital Corp. Prices Registered Public Offering of $35.0 Million 8.00% Notes

Retrieved on: 
Wednesday, August 17, 2022 - 10:40pm

BRANFORD, Conn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announces the pricing of a registered public offering of $35.0 million aggregate principal amount of 8.00% unsecured, unsubordinated notes due 2027 (Notes).

Key Points: 
  • BRANFORD, Conn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announces the pricing of a registered public offering of $35.0 million aggregate principal amount of 8.00% unsecured, unsubordinated notes due 2027 (Notes).
  • The net proceeds of the offering to Sachem Capital Corp. are expected to be approximately $33.7 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the company.
  • The company has granted the underwriters a 30-day option to purchase up to an additional $5.25 million aggregate principal amount of Notes to cover over-allotments, if any.
  • The Notes will rank pari passu with all the companys unsecured, unsubordinated indebtedness, whether currently outstanding or issued in the future.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Inotiv, Inc. - NOTV

Retrieved on: 
Wednesday, August 17, 2022 - 10:18pm

NEW YORK, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Inotiv, Inc. (Inotiv or the Company) (NASDAQ: NOTV).

Key Points: 
  • NEW YORK, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Inotiv, Inc. (Inotiv or the Company) (NASDAQ: NOTV).
  • Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext.
  • The investigation concerns whether Inotiv and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Saks Upsizes Existing Financing to Support Continued Growth

Retrieved on: 
Wednesday, August 17, 2022 - 10:30pm

Saks.com LLC (Saks), the premier luxury ecommerce platform, announced that it has upsized its existing asset-based revolving credit facility arranged by Bank of America, N.A.

Key Points: 
  • Saks.com LLC (Saks), the premier luxury ecommerce platform, announced that it has upsized its existing asset-based revolving credit facility arranged by Bank of America, N.A.
  • Concurrently, Saks upsized its senior secured term loan facility, of which Pathlight Capital LP serves as the administrative agent, increasing borrowings from $115 million to $175 million.
  • Vince Phelan, Chief Financial Officer of Saks, said, The additional capital provided under these facilities significantly enhances our financial flexibility and ability to support future growth initiatives.
  • We believe that securing this additional financing reflects confidence in our strong foundation and positive momentum as we position Saks to lead in luxury ecommerce.

Brian Christopher, America's No. 1 Slot Influencer, and Gaming Arts, LLC. Successfully Launch New Slot Game: Brian Christopher's Pop'N Pays More!™

Retrieved on: 
Wednesday, August 17, 2022 - 10:39pm

LAS VEGAS, Aug. 17, 2022 /PRNewswire/ --Earlier last month, slot manufacturer Gaming Arts launched a very unique new slot game, Brian Christopher's Pop'N Pays More!.

Key Points: 
  • LAS VEGAS, Aug. 17, 2022 /PRNewswire/ --Earlier last month, slot manufacturer Gaming Arts launched a very unique new slot game, Brian Christopher's Pop'N Pays More!.
  • Besides great game play, what makes this slot game so unique is that Gaming Arts has partnered with Brian Christopher, America's no.
  • In the coming months, Gaming Arts will continue installing the new Brian Christopher game along with adding the other new Pop'N Pays More!
  • About Gaming Arts - Gaming Arts, LLC is an award-winning end-to-end gaming equipment technology provider of electronic gaming machines, electronic table games, bingo, keno, and emerging technologies.

Voyager Announces Coinify Sale

Retrieved on: 
Wednesday, August 17, 2022 - 10:15pm

NEW YORK, Aug. 17, 2022 /PRNewswire/ - Voyager Digital Ltd. ("Voyager" or the "Company") (OTC Pink: VYGVQ) (FRA: UCD)today announced that European Holdings ApS, an indirect wholly-owned subsidiary of Voyager, agreed to sell all of its equity interests in Coinify ApS ("Coinify") to Ascension ApS, an entity owned by certain members of Coinify management, for US$2 million in cash.

Key Points: 
  • NEW YORK, Aug. 17, 2022 /PRNewswire/ - Voyager Digital Ltd. ("Voyager" or the "Company") (OTC Pink: VYGVQ) (FRA: UCD)today announced that European Holdings ApS, an indirect wholly-owned subsidiary of Voyager, agreed to sell all of its equity interests in Coinify ApS ("Coinify") to Ascension ApS, an entity owned by certain members of Coinify management, for US$2 million in cash.
  • An additional, conditional earn-out payment is stipulated in the event of a subsequent sale of Coinify by Ascension ApS within three years following the transaction, thus preserving potential upside for Voyager.
  • Voyager purchased Coinify in August 2021; on August 16, 2022, Coinify's sale was approved by the U.S. Bankruptcy Court for the Southern District of New York, which is overseeing Voyager's ongoing Chapter 11 restructuring process.
  • The sale of Coinify reduces overall headcount by 15% and eliminates Voyager's ongoing funding requirements for Coinify of up to US$500,000 per month.