BIP

Your Cryptocurrency Could Help Ukrainians to Protect Their Home and “Stay Connected”

Retrieved on: 
Thursday, March 21, 2024
Freedom, POS, Organization, War, Turkcell, Software as a service, Communication, Aggression, Internet of things, Internet, TV, Borsa Istanbul, FC Barcelona, UAH, Radio, Lifecell, BIP, Unmanned aerial vehicle, Defence Forces, Serhiy Prytula, Safety, Motorola, Telecommunications, FACEIT, Privacy, Collection, Cryptocurrency

This project has focused on the importance of staying connected, ensuring that, despite the challenges, Ukrainian defenders will always get the help they need.

Key Points: 
  • This project has focused on the importance of staying connected, ensuring that, despite the challenges, Ukrainian defenders will always get the help they need.
  • Imagine this: half of Ukraine's population, that's about 18 million people , now need help with the essential stuff.
  • The company has also transferred telecom and IT equipment for more than UAH 41 million to help the Ukrainian Defense Forces.
  • Whitepay is a SaaS company that provides cryptocurrency solutions for business and charity: crypto acquiring, POS terminals and payment pages.

Brookfield Infrastructure Announces Results of Conversion of Its Series 1 Senior Preferred Shares

Retrieved on: 
Tuesday, March 19, 2024
Senior, BIP, TSX, NEWS, Security (finance)

BROOKFIELD, NEWS, March 19, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all conversion notices received by the March 18, 2024 deadline for the conversion of BIP Investment Corporation’s (“BIPIC”) Senior Preferred Shares, Series 1 (“Series 1 Shares”) (TSX: BIK.PR.A) into Senior Preferred Shares, Series 2 (“Series 2 Shares”), BIPIC has determined that there will be no conversion of Series 1 Shares into Series 2 Shares, and holders of Series 1 Shares will retain their Series 1 Shares.

Key Points: 
  • BROOKFIELD, NEWS, March 19, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all conversion notices received by the March 18, 2024 deadline for the conversion of BIP Investment Corporation’s (“BIPIC”) Senior Preferred Shares, Series 1 (“Series 1 Shares”) (TSX: BIK.PR.A) into Senior Preferred Shares, Series 2 (“Series 2 Shares”), BIPIC has determined that there will be no conversion of Series 1 Shares into Series 2 Shares, and holders of Series 1 Shares will retain their Series 1 Shares.
  • There were 1,720 Series 1 Shares tendered for conversion, which is less than the 500,000 shares required to give effect to conversions of Series 1 Shares into Series 2 Shares.

Brookfield Infrastructure Completes Annual Filings

Retrieved on: 
Monday, March 18, 2024
BIP, Bank statement, TSX, EDGAR, Report, NEWS

BROOKFIELD, NEWS, March 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP, BIPC; TSX: BIP.UN, BIPC) today announced that it has filed its 2023 annual reports on Forms 20-F, including its audited financial statements for the year ended December 31, 2023, with the SEC on EDGAR at https://sec.gov , as well as with the Canadian securities authorities on SEDAR+ at https://sedarplus.ca .

Key Points: 
  • BROOKFIELD, NEWS, March 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP, BIPC; TSX: BIP.UN, BIPC) today announced that it has filed its 2023 annual reports on Forms 20-F, including its audited financial statements for the year ended December 31, 2023, with the SEC on EDGAR at https://sec.gov , as well as with the Canadian securities authorities on SEDAR+ at https://sedarplus.ca .
  • These documents are also available at https://bip.brookfield.com (or for Brookfield Infrastructure Corporation, at https://bip.brookfield.com/bipc ) under the Annual Reports section.
  • Hard copies will be provided to unitholders and shareholders free of charge upon request.

ConnexPay Appoints Ben Peters as Chief Executive Officer

Retrieved on: 
Tuesday, April 2, 2024
Software, Payments, Finance, Data Management, Professional Services, Technology, Fintech, Other Technology, BIP, Culture, COVID, Growth, CFO, IOD, Partnership, General partnership, Travel, FTV, Optum, Acquisition, Insurance, WEX Inc., Pleasure, Cryptocurrency

ConnexPay, the world’s first all-in-one payments platform, today announced the appointment of Ben Peters as chief executive officer.

Key Points: 
  • ConnexPay, the world’s first all-in-one payments platform, today announced the appointment of Ben Peters as chief executive officer.
  • Peters brings more than two decades of experience leading and scaling global payments and vertical software companies.
  • “I am excited to join ConnexPay and assume the reins from Bob, someone I’ve long admired and am lucky enough to call a friend.
  • Prior to joining ConnexPay, Peters served as chief operating officer for VPay, a digital claim payment processing platform for insurers, which was acquired by Optum in 2021.

Brookfield Infrastructure Announces Reset Dividend Rate on Its Series 1 Senior Preferred Shares

Retrieved on: 
Monday, March 4, 2024
Senior, TSX, Series 2, Toronto Stock Exchange, BIP, Government, Government of Canada, NEWS, Brookfield Infrastructure Partners, Security (finance)

BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that BIP Investment Corporation (“BIPIC”), a wholly-owned subsidiary of Brookfield Infrastructure, has determined the fixed dividend rate on its Senior Preferred Shares, Series 1 (“Series 1 Shares”) (TSX: BIK.PR.A) for the five years commencing April 1, 2024 and ending March 31, 2029.

Key Points: 
  • BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that BIP Investment Corporation (“BIPIC”), a wholly-owned subsidiary of Brookfield Infrastructure, has determined the fixed dividend rate on its Senior Preferred Shares, Series 1 (“Series 1 Shares”) (TSX: BIK.PR.A) for the five years commencing April 1, 2024 and ending March 31, 2029.
  • Holders of Series 1 Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on March 18, 2024, to convert all or part of their Series 1 Shares, on a one-for-one basis, into Senior Preferred Shares, Series 2 (“Series 2 Shares”), effective March 31, 2024.
  • Holders of Series 1 Shares are not required to elect to convert all or any part of their Series 1 Shares into Series 2 Shares.
  • As provided in the share provisions of the Series 1 Shares, (i) if BIPIC determines that there would be fewer than 500,000 Series 1 Shares outstanding after March 31, 2024, all remaining Series 1 Shares will be automatically converted into Series 2 Shares on a one-for-one basis effective March 31, 2024; or (ii) if BIPIC determines that there would be fewer than 500,000 Series 2 Shares outstanding after March 31, 2024, no Series 1 Shares will be converted into Series 2 Shares.

Parcrest Advises C.R. Chicks on its Growth Capital Investment by Blake Investment Partners and Luther Family Investments

Retrieved on: 
Wednesday, March 6, 2024
Culinary Institute, Radar, Culture, Growth, Rotisserie chicken, Sale, BIP, Entrepreneurship, Chocolate chip cookie, Quality control, Popeyes, Arby's, Partner, Dunkin' Brands, Salad, Diplomacy, Environment, Partnership

Chicks (the "Company") on its growth capital investment by Blake Investment Partners ("BIP") and Luther Family Investments.

Key Points: 
  • Chicks (the "Company") on its growth capital investment by Blake Investment Partners ("BIP") and Luther Family Investments.
  • I am thankful to the professionals at Blake Investment Partners and Parcrest Advisors for putting this transaction together, and along with my Luther Family Investment partners, Jonathan Luther and Dan Bowers, are eager to contribute to this exciting new partnership!"
  • We look forward to working with Parcrest again in the near future," said Cole Sones, Partner of Blake Investment Partners.
  • Chicks checked all of the boxes, with solid financials, high margins, consistent growth and a scalable business model.

JDASC requests SEC Chairman Gary Gensler to acknowledge 21 million bitcoin hard cap is not guaranteed before approving bitcoin ETFs

Retrieved on: 
Friday, January 5, 2024
Bitcoin, BIP, Climate, Burn, Ecosystem, Coinbase, Social justice, Generation Alpha, Miner, ETF, Cryptocurrency

NEWPORT BEACH, Calif., Jan. 5, 2024 /PRNewswire-PRWeb/ -- JDASC (Joint Digital Asset Standards Council) a recently formed California non-profit, public benefit, consumer protection corporation, stated the bitcoin blockchain protocol BIP (Bitcoin Improvement Proposal) consensus voting system prevents stating "There can never be more than 21 million bitcoins" . The 21 million bitcoin supply hard cap is factually not guaranteed. Any approved bitcoin ETF investment platform that utilizes the 21 million bitcoin supply hard cap guarantee value proposition to attract investors, could become defendants in class action financial loss lawsuits. JDASC is requesting SEC Chairman Gary Gensler to publicly state the 21 million bitcoin hard cap cannot be guaranteed before granting any ETF approvals. In addition, JDASC is requesting all bitcoin investment platforms and exchanges including Coinbase and Binance to immediately post "21 million bitcoin supply hardcap" disclaimers on their platform websites.

Key Points: 
  • JDASC (Joint Digital Asset Standards Council), stated today SEC Chairman Gary Gensler has a fiduciary investor protection responsibility to publicly acknowledge the 21 million bitcoin supply hard cap is not guaranteed before approving any bitcoin ETF applications.
  • Any approved bitcoin ETF investment platform that utilizes the 21 million bitcoin supply hard cap guarantee value proposition to attract investors, could become defendants in class action financial loss lawsuits.
  • JDASC is requesting SEC Chairman Gary Gensler to publicly state the 21 million bitcoin hard cap cannot be guaranteed before granting any ETF approvals.
  • JDASC founder, John Deters, stated "The 21 million bitcoin hard cap supply limit cannot be guaranteed based on the bitcoin core protocol consensus voting system.

Brookfield Infrastructure Announces Results of Reclassification of Its Series 11 Preferred Units

Retrieved on: 
Tuesday, December 19, 2023
BIP, TSX

BROOKFIELD, News, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all election notices received by the December 18, 2023 deadline for the reclassification of its Cumulative Class A Preferred Limited Partnership Units, Series 11 (the “Series 11 Units”) (TSX: BIP.PR.F) into Cumulative Class A Preferred Limited Partnership Units, Series 12 (the “Series 12 Units”), it has determined that there will be no reclassification of Series 11 Units into Series 12 Units, and holders of Series 11 Units will retain their Series 11 Units.

Key Points: 
  • BROOKFIELD, News, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced that after having taken into account all election notices received by the December 18, 2023 deadline for the reclassification of its Cumulative Class A Preferred Limited Partnership Units, Series 11 (the “Series 11 Units”) (TSX: BIP.PR.F) into Cumulative Class A Preferred Limited Partnership Units, Series 12 (the “Series 12 Units”), it has determined that there will be no reclassification of Series 11 Units into Series 12 Units, and holders of Series 11 Units will retain their Series 11 Units.
  • There were 34,510 Series 11 Units tendered for reclassification, which is less than the 1,000,000 units required to give effect to reclassifications of Series 11 Units into Series 12 Units.

Brookfield Infrastructure Announces Reset Distribution Rate on Its Series 11 Preferred Units

Retrieved on: 
Monday, December 4, 2023
BIP, Series, TSX, Brookfield Infrastructure Partners, Toronto Stock Exchange, Government, Government of Canada, Airline

BROOKFIELD, News, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that it has determined the fixed distribution rate on its Cumulative Class A Preferred Limited Partnership Units, Series 11 (“Series 11 Units”) (TSX: BIP.PR.F) for the five years commencing January 1, 2024 and ending December 31, 2028.

Key Points: 
  • BROOKFIELD, News, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that it has determined the fixed distribution rate on its Cumulative Class A Preferred Limited Partnership Units, Series 11 (“Series 11 Units”) (TSX: BIP.PR.F) for the five years commencing January 1, 2024 and ending December 31, 2028.
  • Holders of Series 11 Units have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on December 18, 2023, to reclassify all or part of their Series 11 Units, on a one-for-one basis, into Cumulative Class A Preferred Limited Partnership Units, Series 12 (“Series 12 Units”), effective December 31, 2023.
  • Holders of Series 11 Units are not required to elect to reclassify all or any part of their Series 11 Units into Series 12 Units.
  • As provided in the unit conditions of the Series 11 Units, (i) if Brookfield Infrastructure determines that there would be fewer than 1,000,000 Series 11 Units outstanding after December 31, 2023, all remaining Series 11 Units will be automatically reclassified into Series 12 Units on a one-for-one basis effective December 31, 2023; or (ii) if Brookfield Infrastructure determines that there would be fewer than 1,000,000 Series 12 Units outstanding after December 31, 2023, no Series 11 Units will be reclassified into Series 12 Units.

Brookfield Infrastructure Renews Its Normal Course Issuer Bids

Retrieved on: 
Tuesday, November 28, 2023
BIP, TSX, Unit, Security (finance)

Repurchases under each normal course issuer bid are authorized to commence on December 1, 2023 and each normal course issuer bid will terminate on November 30, 2024, or earlier should BIP or BIPC, as applicable, complete its repurchases under its respective normal course issuer bid prior to such date.

Key Points: 
  • Repurchases under each normal course issuer bid are authorized to commence on December 1, 2023 and each normal course issuer bid will terminate on November 30, 2024, or earlier should BIP or BIPC, as applicable, complete its repurchases under its respective normal course issuer bid prior to such date.
  • BIP has not repurchased any Preferred Units under its current normal course issuer bid in the past twelve months.
  • BIPC has not repurchased any Exchangeable Shares under its current normal course issuer bid in the past twelve months.
  • All Units and Exchangeable Shares acquired by BIP and BIPC, respectively, under the applicable normal course issuer bid will be cancelled.