L.L.C

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2022, Reports First Quarter Net Investment Income of $0.30 per Share, Declares Second Quarter 2022 Distribution of $0.30 per Share

Retrieved on: 
Monday, May 9, 2022

(New Mountain), a leading alternative investment firm, is underscored by continued stable credit performance.

Key Points: 
  • (New Mountain), a leading alternative investment firm, is underscored by continued stable credit performance.
  • Robert A. Hamwee, CEO, commented: The first quarter represented another solid quarter of performance for NMFC with net asset value increasing seven cents per share.
  • The Companys total investment income for the three months ended March 31, 2022 and 2021 was approximately $68.6 million and $67.4 million, respectively.
  • The following table shows the Risk Rating of the Companys portfolio companies as of March 31, 2022:

Modere Appears in Top Five on the 50 Fastest Growing Women-Owned/Led Companies™ List for Third Consecutive Year

Retrieved on: 
Friday, May 6, 2022

Modere debuted at #3 on the prestigious list in 2020 and topped the ranking at #1 in 2021.

Key Points: 
  • Modere debuted at #3 on the prestigious list in 2020 and topped the ranking at #1 in 2021.
  • Modere CEO Asma Ishaq accepted the award yesterday at the WPOs 25th annual conference in Montreal, Quebec.
  • Since inception, Modere has been dedicated to providing exceptionally effective, clean lifestyle essentials that are safe for people and the planet, said Ms. Ishaq.
  • This year marks the 15th anniversary of the 50 Fastest Growing Women-Owned/Led Companies.

MaxLinear to Acquire Silicon Motion

Retrieved on: 
Thursday, May 5, 2022

In the merger, each American Depositary Share (ADS) of Silicon Motion, which represents four ordinary shares of Silicon Motion, will receive $93.54 in cash and 0.388 shares of MaxLinear common stock, for total per ADS consideration of $114.34 (based on MaxLinears May 4, 2022 closing price).

Key Points: 
  • In the merger, each American Depositary Share (ADS) of Silicon Motion, which represents four ordinary shares of Silicon Motion, will receive $93.54 in cash and 0.388 shares of MaxLinear common stock, for total per ADS consideration of $114.34 (based on MaxLinears May 4, 2022 closing price).
  • Together, MaxLinear and Silicon Motion will have expanded resources to better support the combined companys broad customer relationships with their long-term storage requirements.
  • For 20 years, we have built Silicon Motion with a commitment to advancing innovation, partnering with all of our valued customers and supporting our colleagues around the world, said Wallace Kou, President and Chief Executive Officer of Silicon Motion.
  • Under the terms of the definitive agreement, the transaction consideration will consist of $93.54 in cash and 0.388 shares of MaxLinear stock for each Silicon Motion ADS (American Depositary Share) and $23.385 in cash and 0.097 shares of MaxLinear common stock for each Silicon Motion ordinary share not represented by an ADS.

Anthem, Inc. Completes Acquisition of Integra Managed Care

Retrieved on: 
Thursday, May 5, 2022

Anthem, Inc. (NYSE: ANTM) today announced the completion of its acquisition of Integra Managed Care, a Managed Long-Term Care Plan in New York that helps adults with long term care needs and disabilities live safely and independently in their own home.

Key Points: 
  • Anthem, Inc. (NYSE: ANTM) today announced the completion of its acquisition of Integra Managed Care, a Managed Long-Term Care Plan in New York that helps adults with long term care needs and disabilities live safely and independently in their own home.
  • Serving over 40,000 Medicaid members, Integra helps its members live safely and independently through its dedicated care management team, including a Registered Nurse, Social Worker, and Coordinator.
  • These teams work in close partnership with members, their families, and health care providers to ensure their long-term care needs are met.
  • Integra Managed Care is a New York State Managed Long Term Care Plan designed for adults living with long-term disabilities.

Disposition of Common Shares of Canadian National Railway Company

Retrieved on: 
Thursday, May 5, 2022

Following completion of its disposition, Cascade owns 64,997,312 Common Shares, representing approximately 9.37% of the issued and outstanding Common Shares.

Key Points: 
  • Following completion of its disposition, Cascade owns 64,997,312 Common Shares, representing approximately 9.37% of the issued and outstanding Common Shares.
  • Immediately prior to the disposition, Cascade had owned 66,002,583 Common Shares, representing approximately 9.51% of the issued and outstanding Common Shares.
  • Following completion of its disposition, the Trust owns 12,357,305 Common Shares, representing approximately 1.78% of the issued and outstanding Common Shares.
  • Immediately prior to the disposition, the Trust had owned 12,548,427 Common Shares, representing approximately 1.81% of the issued and outstanding Common Shares.

GZ6G Technologies Issues Statement Regarding Unauthorized Stock Promotion

Retrieved on: 
Thursday, May 5, 2022

LAS VEGAS, May 04, 2022 (GLOBE NEWSWIRE) -- GZ6G Technologies Corp. (OTCQB: GZIC), an enterprise smart solutions provider for cities, stadiums, universities and other large venues, today issued a statement regarding an unauthorized stock promotion of which it recently became aware.

Key Points: 
  • LAS VEGAS, May 04, 2022 (GLOBE NEWSWIRE) -- GZ6G Technologies Corp. (OTCQB: GZIC), an enterprise smart solutions provider for cities, stadiums, universities and other large venues, today issued a statement regarding an unauthorized stock promotion of which it recently became aware.
  • 1.In summarizing the Companys understanding of the promotional activities, please see the following:
    a.The Company became aware of an unauthorized stock promotion on April 27, 2022, via an email from the OTC Markets.
  • As a result of the campaign, OTC Markets Group added a stock promotion icon to GZ6Gs trading symbol.
  • The Company does not endorse, support, or encourage any third-party promotions related to the Company, its stock or its stock performance.

KE Holdings Inc. Announces Proposed Dual Primary Listing on The Stock Exchange of Hong Kong Limited

Retrieved on: 
Wednesday, May 4, 2022

The listing document relating to the proposed dual primary listing of the Shares by way of introduction on the Main Board of the SEHK (the Listing Document) has been published on the website of the SEHK on May 5, 2022 (Beijing/Hong Kong Time).

Key Points: 
  • The listing document relating to the proposed dual primary listing of the Shares by way of introduction on the Main Board of the SEHK (the Listing Document) has been published on the website of the SEHK on May 5, 2022 (Beijing/Hong Kong Time).
  • With respect to the proposed dual primary listing on the Main Board of the SEHK, Goldman Sachs (Asia) L.L.C.
  • and China International Capital Corporation Hong Kong Securities Limited are acting as the joint sponsors.
  • Please refer to the section headed Market Arrangements to Facilitate Dealings in Hong Kong of the Listing Document for further details.

Williams Announces Deepwater Agreement at Salamanca

Retrieved on: 
Wednesday, May 4, 2022

The Salamanca platform will handle production from the Leon and Castile fields and will be located 200 miles off the coast of Louisiana.

Key Points: 
  • The Salamanca platform will handle production from the Leon and Castile fields and will be located 200 miles off the coast of Louisiana.
  • Williams provides critical infrastructure to gather and transport the Gulf of Mexicos low carbon intensity natural gas for U.S. consumption, said Alan Armstrong, Williams president and chief executive officer.
  • KCC is part of the Williams-operated Discovery system, which is jointly owned by Williams (60%) and DCP Midstream, LP (40%).
  • The Salamanca development marks the seventh tieback to Williams deep water offshore assets over the past two years.

Forester Capital Enters into Strategic Partnership with Keith Goodman of Notch View

Retrieved on: 
Wednesday, May 4, 2022

Forester Capital, an alternative investment platform, has launched a strategic partnership with Keith Goodman of Notch View Capital, LP.

Key Points: 
  • Forester Capital, an alternative investment platform, has launched a strategic partnership with Keith Goodman of Notch View Capital, LP.
  • Keith brings a breadth of experience to Notch View, having worked as a senior member of Glen Krevlins team at Glenhill for over 15 years, said Trent Carmichael, founder and managing principal of Forester Capital.
  • Through this program, Forester provides initial seed and acceleration capital as well as operational support and strategic guidance.
  • Launched by Keith Goodman in September 2020, Notch View is a private investment partnership that makes investments in small-, mid-, and large-cap companies across the industrial, consumer, communication services, technology, and healthcare sectors.

LLOG Exploration Announces Development of Salamanca Production Facility

Retrieved on: 
Wednesday, May 4, 2022

(LLOG or the Company), a privately-owned exploration and production company focused on the deepwater Gulf of Mexico (GOM), today announced the development of the Salamanca production facility, which is comprised of a uniquely designed Floating Production Unit (FPU) that will be created from the refurbishment of a former GOM production facility that was previously decommissioned.

Key Points: 
  • (LLOG or the Company), a privately-owned exploration and production company focused on the deepwater Gulf of Mexico (GOM), today announced the development of the Salamanca production facility, which is comprised of a uniquely designed Floating Production Unit (FPU) that will be created from the refurbishment of a former GOM production facility that was previously decommissioned.
  • LLOG will operate the development, and its partners include Repsol E&P USA Inc. and Beacon Offshore Energy LLC.
  • Both discoveries are expected to be jointly developed through a total of three subsea wells at initial production that will be tied back to the Salamanca FPU.
  • By modifying a previously-built production unit, the time and cost to refurbish the unit are greatly reduced compared with construction of a new facility.