8-K

Delta Corp Holdings Limited, a Fast Growing Asset-Light Logistics Company Enters into a Definitive Merger and Share Exchange Agreement with Coffee Holding Co., Inc.

Retrieved on: 
Friday, September 30, 2022

Andrew Gordon, President and Chief Executive Officer of Coffee Holding, stated, This transaction is a transformative next step for Coffee Holding.

Key Points: 
  • Andrew Gordon, President and Chief Executive Officer of Coffee Holding, stated, This transaction is a transformative next step for Coffee Holding.
  • The Coffee Holding Board of Directors has also recommended to Coffee Holdings shareholders that they vote to approve the agreement and the transaction.
  • The directors and officers of Delta do not currently hold any interests, by security holdings or otherwise, in Coffee Holding.
  • None of Pubco, Delta or Coffee Holding gives any assurance that either Delta or Coffee Holding or Pubco will achieve its expectations.

Delta Corp Holdings Limited, a Fast Growing Asset-Light Logistics Company Enters into a Definitive Merger and Share Exchange Agreement with Coffee Holding Co., Inc.

Retrieved on: 
Friday, September 30, 2022

Andrew Gordon, President and Chief Executive Officer of Coffee Holding, stated, This transaction is a transformative next step for Coffee Holding.

Key Points: 
  • Andrew Gordon, President and Chief Executive Officer of Coffee Holding, stated, This transaction is a transformative next step for Coffee Holding.
  • The Coffee Holding Board of Directors has also recommended to Coffee Holdings shareholders that they vote to approve the agreement and the transaction.
  • The directors and officers of Delta do not currently hold any interests, by security holdings or otherwise, in Coffee Holding.
  • None of Pubco, Delta or Coffee Holding gives any assurance that either Delta or Coffee Holding or Pubco will achieve its expectations.

Light & Wonder Announces Completion of OpenBet Divestiture

Retrieved on: 
Friday, September 30, 2022

With the completion of the OpenBet divestiture and our now streamlined organization, Light & Wonder is well positioned to execute on our growth strategy with a singular focus on building great games fully cross-platform, said Matt Wilson, interim Chief Executive Officer of Light & Wonder.

Key Points: 
  • With the completion of the OpenBet divestiture and our now streamlined organization, Light & Wonder is well positioned to execute on our growth strategy with a singular focus on building great games fully cross-platform, said Matt Wilson, interim Chief Executive Officer of Light & Wonder.
  • Endeavor is the right partner for OpenBet and we wish our OpenBet colleagues all the best on this exciting new chapter.
  • Oakvale Capital LLP and Macquarie Capital (USA) Inc. served as financial advisors and Cravath, Swaine & Moore LLP served as legal counsel to Light & Wonder.
  • Light & Wonder, Inc. (formerly known as Scientific Games Corporation), is a global leader in cross-platform games and entertainment.

Expro Completes Subsea Decommissioning Project on Ireland’s First Indigenous Gas Wells

Retrieved on: 
Friday, September 30, 2022

Leading energy services provider Expro (NYSE: XPRO) has successfully completed the plug and abandonment (P&A) of Irelands first indigenous gas wells.

Key Points: 
  • Leading energy services provider Expro (NYSE: XPRO) has successfully completed the plug and abandonment (P&A) of Irelands first indigenous gas wells.
  • The subsea intervention scope utilized Expros 7 3/8 ELSA (Expro landing string assemblies) system, supported by a complete backup system and direct hydraulic topside and subsea controls package.
  • Achieving over 3,000 successful operations globally, ELSA is Expros industry-leading subsea well access technology, providing clients with a safe and environmentally secure operating system for the commissioning and decommissioning of subsea wells.
  • Expro completed the work scope with 100% operational uptime and zero non-productive time (NPT) across the duration of the project.

Guidewire Announces $200 Million Accelerated Share Repurchase Program

Retrieved on: 
Thursday, September 29, 2022

Guidewire (NYSE: GWRE) today announced that as part of its previously announced $400 million share repurchase authorization, the company has entered into an accelerated share repurchase agreement (ASR) with Morgan Stanley & Co. LLC to repurchase an aggregate of $200 million of Guidewires outstanding shares of common stock.

Key Points: 
  • Guidewire (NYSE: GWRE) today announced that as part of its previously announced $400 million share repurchase authorization, the company has entered into an accelerated share repurchase agreement (ASR) with Morgan Stanley & Co. LLC to repurchase an aggregate of $200 million of Guidewires outstanding shares of common stock.
  • The specific number of shares that Guidewire ultimately repurchases under the ASR will be based on the average of Guidewires daily volume-weighted average share prices during the repurchase period, less a discount and subject to adjustments pursuant to the terms and conditions of the ASR.
  • Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently.
  • More than 520 insurers in 38 countries, from new ventures to the largest and most complex in the world, run on Guidewire.

Isoray Announces Transformational Merger and Fourth Quarter and Full-Year Fiscal Year End 2022 Financial Results

Retrieved on: 
Wednesday, September 28, 2022

Isoray also announced financial results for the fiscal fourth quarter and full year ended June 30, 2022.

Key Points: 
  • Isoray also announced financial results for the fiscal fourth quarter and full year ended June 30, 2022.
  • Revenue for the fourth quarter of fiscal 2022 declined 8% to $2.50 million versus $2.71 million in the prior year comparable period.
  • Prostate brachytherapy represented 70% of total revenue for the fourth quarter of fiscal 2022 compared to 74% in the prior year comparable period.
  • This reduced overall share-based stock compensation expense in the fourth quarter and full-year fiscal year-end 2021 compared to the fiscal year 2022.

Altus Power, Inc. Announces Secondary Underwritten Public Offering of Class a Common Stock

Retrieved on: 
Wednesday, September 28, 2022

Altus Power, Inc. (Altus Power) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that a selling stockholder affiliated with Blackstone (Blackstone) intends to offer and sell 7,000,000 shares of Altus Powers Class A common stock in a secondary underwritten public offering.

Key Points: 
  • Altus Power, Inc. (Altus Power) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that a selling stockholder affiliated with Blackstone (Blackstone) intends to offer and sell 7,000,000 shares of Altus Powers Class A common stock in a secondary underwritten public offering.
  • In connection with the offering, Blackstone is expected to grant the underwriters a 30-day option to purchase up to 1,050,000 additional shares of Class A common stock on the same terms and conditions.
  • Altus Power will not receive any proceeds from the sale of shares of its Class A common stock by Blackstone.
  • J.P. Morgan, Citigroup and Evercore ISI are acting as joint book-running managers for the offering.

PacWest Bancorp Announces Third Quarter Earnings Release Date and Conference Call

Retrieved on: 
Wednesday, September 28, 2022

Management will host a conference call at 8:00 AM PT/ 11:00 AM ET on Thursday, October 20, 2022 to discuss the Companys performance.

Key Points: 
  • Management will host a conference call at 8:00 AM PT/ 11:00 AM ET on Thursday, October 20, 2022 to discuss the Companys performance.
  • Participants may access the conference call/webcast at:
    Please visit the site approximately 15 minutes before the start time to register, download, and install any necessary audio software.
  • PacWest Bancorp (PacWest) is a bank holding company with approximately $41 billion in assets headquartered in Los Angeles, California, with an executive office in Denver, Colorado, with one wholly-owned banking subsidiary, Pacific Western Bank (the Bank).
  • For more information about PacWest Bancorp or Pacific Western Bank, visit www.pacwest.com .

InnovaQor Announces that its Form 10-12G is now Effective

Retrieved on: 
Wednesday, September 28, 2022

InnovaQor will begin filing annual reports with the SEC on Form 10-K, quarterly reports on Form 10-Q, periodic reports on Form 8-K, and subject itself to additional reporting obligations related to proxies, shareholder actions and stock ownership rules.

Key Points: 
  • InnovaQor will begin filing annual reports with the SEC on Form 10-K, quarterly reports on Form 10-Q, periodic reports on Form 8-K, and subject itself to additional reporting obligations related to proxies, shareholder actions and stock ownership rules.
  • This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995.
  • Actual results may differ from expectations and,consequently, you should not rely on these forward-looking statements as predictions of future events.
  • The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

GAN Launches B2B Sports Betting Technology & Managed Trading Services in The U.S.

Retrieved on: 
Wednesday, September 28, 2022

This announcement demonstrates the extensive capabilities of GAN Sports' in-house online and retail sports betting technology.

Key Points: 
  • This announcement demonstrates the extensive capabilities of GAN Sports' in-house online and retail sports betting technology.
  • GAN Sports is a modern sportsbook technology platform based on the multiple award-winning COOLBET technology that has been adapted for the U.S. B2B market.
  • We are greatly encouraged by the sales momentum for our omnichannel sports betting technology and managed trading services solution and anticipate a high-margin financial contribution as the economics of B2B sports technology provision are highly favorable and incremental to our existing B2B offerings.
  • Steve Hendricks, Vice President of Operations of Island View Casino Resort commented:
    "We selected GAN for the quality of their sports betting technology and managed trading services following our evaluation of all major potential suppliers.