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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, January 10, 2024

Bank statement, LLP, Annual report, Medicare, 8-K, LPSN, LivePerson, Court, Advertising, Acquisition, Disclosure, Woman, News, Cryptocurrency

NEW YORK, Jan. 10, 2024 (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.

MariaDB Reaches Agreement to Amend Senior Secured Promissory Note

Retrieved on:

Thursday, January 11, 2024

Networks, Internet, Data Management, Technology, Software, 8-K, RPV, MariaDB, Security (finance), Finance

MariaDB plc (NYSE:MRDB) today announced that the $26.5 million senior secured promissory note entered into with RP Ventures LLC (“the RPV Note”) that was due January 10, 2024, has been amended, and the RPV Note will now expire on January 31, 2024.

Key Points:

MariaDB plc (NYSE:MRDB) today announced that the $26.5 million senior secured promissory note entered into with RP Ventures LLC (“the RPV Note”) that was due January 10, 2024, has been amended, and the RPV Note will now expire on January 31, 2024.
Further details on this transaction can be found on MariaDB’s most recently filed 8-K, which is available on the Securities & Exchange Commission’s (SEC’s) website at https://www.sec.gov and on MariaDB’s Investor Relations website at https://investors.mariadb.com under Financials.

Steel Connect, Inc. Amends Tax Benefits Preservation Plan

Retrieved on:

Monday, January 8, 2024

Supply Chain Management, Retail, Transport, Logistics, Internal Revenue Code, 8-K, Connect, Tax, Common stock, STCN, Proxy, Holding company

Steel Connect, Inc. (the “Company”) (Nasdaq: STCN), today announced that its Board of Directors (the “Board”) further amended its tax benefits preservation plan, dated as of January 19, 2018, as amended on January 8, 2021 (the “Plan”), to extend the term of the Plan from January 8, 2024 to January 8, 2027 (subject to earlier expiration, as described below).

Key Points:

Steel Connect, Inc. (the “Company”) (Nasdaq: STCN), today announced that its Board of Directors (the “Board”) further amended its tax benefits preservation plan, dated as of January 19, 2018, as amended on January 8, 2021 (the “Plan”), to extend the term of the Plan from January 8, 2024 to January 8, 2027 (subject to earlier expiration, as described below).
The Company has significant net operating loss carryforwards for federal and state tax purposes and believes that its ability to utilize these net operating loss carryforwards and other tax attributes (collectively, “Tax Benefits”) would be substantially limited if the Company undergoes an “ownership change” (within the meaning of Section 382 of the Internal Revenue Code).
The Plan is intended to prevent an “ownership change” of the Company that would impair the Company’s ability to utilize its Tax Benefits.
The Company has not materially amended the Plan other than with respect to the expiration date.

Steel Partners Holdings L.P. Announces Extension of Effective Date for Reverse/Forward Unit Split

Retrieved on:

Monday, January 8, 2024

Banking, Professional Services, Finance, 8-K, Partnership, Trust, Effective date, SPLP, Common, Unit

Steel Partners Holdings L.P. (NYSE: SPLP), a Delaware limited partnership (the “Company” or “Steel Partners”), announced today that it will extend the effective date of its previously announced 1-for-12,500 reverse unit split (“Reverse Unit Split”) of its common units, no par value (the “Company Common Units”), followed immediately by a 12,500-for-1 forward unit split of the Company Common Units (the “Forward Unit Split,” and, together with the Reverse Unit Split, the “Reverse/Forward Unit Split”).

Key Points:

Steel Partners Holdings L.P. (NYSE: SPLP), a Delaware limited partnership (the “Company” or “Steel Partners”), announced today that it will extend the effective date of its previously announced 1-for-12,500 reverse unit split (“Reverse Unit Split”) of its common units, no par value (the “Company Common Units”), followed immediately by a 12,500-for-1 forward unit split of the Company Common Units (the “Forward Unit Split,” and, together with the Reverse Unit Split, the “Reverse/Forward Unit Split”).
The Reverse Unit Split is now expected to become effective as of 5:00 p.m. Eastern Time on January 11, 2024, and immediately thereafter, the Forward Unit Split is expected to become effective as of 5:01 p.m. Eastern Time on January 11, 2024 (as it may be further extended, the “Effective Date”).
The Company reserves the right to abandon, modify or extend the Reverse/Forward Unit Split at any time prior to the Effective Date.
Certain holders of the Company’s Common Units who are employees will have their Company Common Units excluded from the Reverse/Forward Unit Split.

LIVEPERSON SHAREHOLDER ACTION REMINDER: 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:

Friday, January 5, 2024

8-K, LivePerson, LLP, Acquisition, Court, Disclosure, News, Bank statement, LPSN, Medicare, Advertising, Annual report, Woman, Cryptocurrency

NEW YORK, Jan. 05, 2024 (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.

Onfolio Holdings Inc. Acquires RevenueZen Business

Retrieved on:

Thursday, January 4, 2024

8-K, Marketing, Acquisition, Software as a service, Growth, Good, CMOS, Security (finance)

In addition, five RevenueZen founders received a total of a 12% roll-over equity interest from RevenueZen Delaware, and they will serve in leadership roles with RevenueZen Delaware team.

Key Points:

In addition, five RevenueZen founders received a total of a 12% roll-over equity interest from RevenueZen Delaware, and they will serve in leadership roles with RevenueZen Delaware team.
Also, certain of the founders received a total of 270,000 non-qualified stock options to purchase Onfolio common shares at $0.51 per share.
"We are excited to have completed our acquisition of RevenueZen and look forward to capitalizing on the attractive growth opportunities ahead," said Dominic Wells, CEO of Onfolio.
"Alex Boyd and the RevenueZen team have built an excellent business primed for both organic growth and growth by further acquisitions.

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.