8-K

Fubo Closes Exchange of $205.8 Million Existing 3.25% Convertible Senior Notes Due 2026 for Convertible Senior Secured Notes Due 2029

Retrieved on: 
Tuesday, January 2, 2024

“Furthermore, we have reduced our debt outstanding by approximately $28.3 million and have significantly extended a meaningful portion of our debt maturities out to 2029, from 2026.

Key Points: 
  • “Furthermore, we have reduced our debt outstanding by approximately $28.3 million and have significantly extended a meaningful portion of our debt maturities out to 2029, from 2026.
  • We are pleased to have accomplished these important objectives for our shareholders.”
    Upon completion of the Exchange, the aggregate principal amount of the Existing Convertible Notes outstanding is $191,665,000, and the aggregate principal amount of the New Convertible Notes outstanding is $177,506,000.
  • As of the closing of the Exchange, all of the New Convertible Notes were held by Mudrick.
  • Fubo did not receive any cash proceeds from the issuance of the New Convertible Notes.

Dave George and Jon Sagal Appointed to Bloomin’ Brands Board of Directors

Retrieved on: 
Tuesday, January 2, 2024

Bloomin’ Brands, Inc. (Nasdaq: BLMN) today announced the appointment of Dave George, former Chief Operating Officer of Darden Restaurants, and Jon Sagal, Partner at Starboard Value LP (together with certain of its affiliates, “Starboard”), to the Company’s Board of Directors, effective immediately.

Key Points: 
  • Bloomin’ Brands, Inc. (Nasdaq: BLMN) today announced the appointment of Dave George, former Chief Operating Officer of Darden Restaurants, and Jon Sagal, Partner at Starboard Value LP (together with certain of its affiliates, “Starboard”), to the Company’s Board of Directors, effective immediately.
  • R. Michael Mohan, Chairman of the Board of Bloomin’ Brands, said, “We are pleased to welcome Dave and Jon to the Board.
  • Bloomin’ Brands has a great portfolio of brands along with compelling growth levers and opportunities for value creation.
  • Dave George will serve as the Chair of the Committee, and Jon Sagal and current directors Mike Mohan and John Mahoney have been appointed as members.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investments in LivePerson, Inc. of Class Action Lawsuit and Upcoming Deadline – LPSN

Retrieved on: 
Tuesday, January 2, 2024

To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.

Key Points: 
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Atlas Lithium Fully Funded to First Production in 2024

Retrieved on: 
Monday, December 4, 2023

- With these transactions, Atlas Lithium is fully funded for its estimated total CAPEX to first production of US$49.5 million.

Key Points: 
  • - With these transactions, Atlas Lithium is fully funded for its estimated total CAPEX to first production of US$49.5 million.
  • Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce full funding for its early revenue strategy designed to allow the Company to be in production in Q4 2024.
  • Atlas Lithium has estimated the total Phase 1 capital expenditures ("CAPEX") to be US$ 49.5 million for the implementation of mining and production of spodumene concentrate at its lithium project in Brazil's Lithium Valley.
  • The main products are lithium concentrate, lithium carbonate, lithium hydroxide, lithium chloride, and lithium metal.

Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed on Behalf of LivePerson, Inc. (LPSN) Investors and Encourages Investors to Contact the Firm Before January 30, 2024

Retrieved on: 
Friday, December 29, 2023

Investors have until January 30, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until January 30, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Then, on March 16, 2023, the Company filed the 2022 Annual Report with the U.S. Securities and Exchange Commission.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Salem Media Group Announces Voluntary Delisting from the Nasdaq Global Market

Retrieved on: 
Friday, December 29, 2023

Salem Media Group , Inc. (the “Company”) (NASDAQ: SALM) announced today that it has given formal notice to the Nasdaq Stock Market of its intention to voluntarily delist its Class A Common Stock from the Nasdaq Global Market and to deregister its Class A Common Stock under Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”).

Key Points: 
  • Salem Media Group , Inc. (the “Company”) (NASDAQ: SALM) announced today that it has given formal notice to the Nasdaq Stock Market of its intention to voluntarily delist its Class A Common Stock from the Nasdaq Global Market and to deregister its Class A Common Stock under Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”).
  • As a result, the Company expects that the last trading day of its common stock on the Nasdaq Global Market will be on or about January 18, 2024.
  • Salem Media Group is America’s leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing.
  • Learn more about Salem Media Group, Inc. at www.salemmedia.com .

Pinstripes Completes Business Combination with Banyan Acquisition Corporation and Will Begin Trading on New York Stock Exchange

Retrieved on: 
Friday, December 29, 2023

Pursuant to the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. (together with Pinstripes, Inc, “Pinstripes”).

Key Points: 
  • Pursuant to the Business Combination, Pinstripes has become a wholly-owned subsidiary of Banyan, which has changed its name to Pinstripes Holdings, Inc. (together with Pinstripes, Inc, “Pinstripes”).
  • Pinstripes’ Class A common stock and warrants will begin trading on NYSE under the ticker symbols “PNST” and “PNST WS,” respectively, on January 2, 2024.
  • In connection with the Business Combination, Pinstripes has raised more than $70 million in gross proceeds to support the Company’s strategic growth plans and the opening of additional locations.
  • Completing our business combination with Banyan and introducing Pinstripes to the public markets is a tremendous achievement and the next chapter in our business journey,” said Mr. Schwartz.

Atlas Lithium Fully Funded to First Production in 2024

Retrieved on: 
Monday, December 4, 2023

With these transactions, Atlas Lithium is fully funded for its estimated total CAPEX to first production of US$49.5 million.

Key Points: 
  • With these transactions, Atlas Lithium is fully funded for its estimated total CAPEX to first production of US$49.5 million.
  • Boca Raton, Florida--(Newsfile Corp. - December 4, 2023) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium exploration and development company, is pleased to announce full funding for its early revenue strategy designed to allow the Company to be in production in Q4 2024.
  • Atlas Lithium has estimated the total Phase 1 capital expenditures ("CAPEX") to be US$ 49.5 million for the implementation of mining and production of spodumene concentrate at its lithium project in Brazil's Lithium Valley.
  • The main products are lithium concentrate, lithium carbonate, lithium hydroxide, lithium chloride, and lithium metal.

LIVEPERSON SHAREHOLDER NOTICE: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In LivePerson To Contact Him Directly To Discuss Their Options

Retrieved on: 
Wednesday, December 27, 2023

NEW YORK, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against LivePerson, Inc. (“LivePerson” or the “Company”) (NASDAQ: LPSN) and reminds investors of the January 30, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • If you suffered losses exceeding $50,000 investing in LivePerson stock or options between May 10, 2022 and March 16, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding LivePerson’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investments in LivePerson, Inc. of Class Action Lawsuit and Upcoming Deadline – LPSN

Retrieved on: 
Friday, December 22, 2023

To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.

Key Points: 
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.