Contribution

BYNORDIC ACQUISITION CORPORATION ANNOUNCES ADJOURNMENT OF SPECIAL MEETING OF STOCKHOLDERS

Retrieved on: 
Friday, August 4, 2023
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New York/Malmö, Aug. 04, 2023 (GLOBE NEWSWIRE) -- byNordic Acquisition Corporation (NASDAQ: BYNO) (the “Company”) today announced that it intends to adjourn, without conducting any business, the previously announced special meeting of stockholders of the Company (the “Special Meeting”), originally scheduled to be held at 10:00 a.m. Eastern Time on August 8, 2023, and to reconvene the Special Meeting at 10:00 a.m. Eastern Time on August 10, 2023.

Key Points: 
  • New York/Malmö, Aug. 04, 2023 (GLOBE NEWSWIRE) -- byNordic Acquisition Corporation (NASDAQ: BYNO) (the “Company”) today announced that it intends to adjourn, without conducting any business, the previously announced special meeting of stockholders of the Company (the “Special Meeting”), originally scheduled to be held at 10:00 a.m. Eastern Time on August 8, 2023, and to reconvene the Special Meeting at 10:00 a.m. Eastern Time on August 10, 2023.
  • The initial Contribution will occur on the Original Termination Date.
  • No Contribution will occur if such proposals are not approved or the Extension is not implemented.
  • On August 16, 2022, the Inflation Reduction Act of 2022 (the “IR Act”) was signed into federal law.

CRITEO REPORTS STRONG SECOND QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, August 2, 2023
Chek, Debenhams, Acceleration, Treasury, Partnership, SSP, Media, Retail media, Integral Ad Science, Forecasting, IVT, EBITDA, TAC, Acquisition, Annual general meeting, Commerce, Appendix, Tire, Depreciation, Contribution, Growth, EPS, Sprinter, CNIL, Management, Sales, Reinsurance, Bookkeeping, Video game, Cryptocurrency, Retail, Security (finance), Bank, Insurance, Q2, Criteo, Travel, Adjustment

NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO) ("Criteo" or the "Company"), the commerce media company, today announced financial results for the three and six months ended June 30, 2023.

Key Points: 
  • "We delivered a strong performance in the second quarter, demonstrating our relentless focus on execution.
  • We have momentum heading into the second half of the year, and we remain confident in our 2023 growth outlook."
  • In the course of the second quarter 2023, we incurred $22 million in restructuring, integration and transformation costs.
  • The above guidance assumes that no additional acquisitions are completed during the third quarter of 2023 or the fiscal year ended December 31, 2023.

Perion Delivers Strong Results with 22% Year-Over-Year Increase in Revenue and 45% Growth in Adjusted EBITDA

Retrieved on: 
Wednesday, August 2, 2023
Professional Services, Advertising, Digital Marketing, Communications, Technology, Audio, Video, Finance, Media buying, Growth, Contribution, CTV, EBITDA, Adjustment, Acquisition, GAAP, Video game, Bank

Adjusted EBITDA year-over-year growth calculated based on $167 million.

Key Points: 
  • Adjusted EBITDA year-over-year growth calculated based on $167 million.
  • Revenue: Revenue increased by 22% to $178.5 million in the second quarter of 2023 from $146.7 million in the second quarter of 2022.
  • Display Advertising revenue increased 22% year-over-year, accounting for 56% of total revenue, primarily due to a 14% year-over-year increase in video revenue to $40.9 million and 104% year-over-year increase in CTV revenue to $7.2 million.
  • Search Advertising revenue increased by 21% year-over-year, accounting for 44% of revenue, primarily due to a 68% increase in Average Daily Searches and a 28% increase in the number of publishers.

BYNORDIC ACQUISITION CORPORATION ANNOUNCES CONTRIBUTIONS TO TRUST ACCOUNT IN CONNECTION WITH PROPOSED EXTENSION

Retrieved on: 
Friday, July 28, 2023
Sponsor, Contribution, Calendar, Extension, Wind, Date, Special, Security (finance)

If the Initial Extended Date is extended at the sole discretion of the Board, beyond February 12, 2024, the Contributor will deposit into the trust account the lesser of (i) $100,000 and (ii) $0.03 for each outstanding public share for each Additional Extension Month.

Key Points: 
  • If the Initial Extended Date is extended at the sole discretion of the Board, beyond February 12, 2024, the Contributor will deposit into the trust account the lesser of (i) $100,000 and (ii) $0.03 for each outstanding public share for each Additional Extension Month.
  • The initial Contribution will occur on the Original Termination Date.
  • No Contribution will occur if such proposals are not approved or the Extension is not implemented.
  • If the Company has consummated an initial business combination or announced its intention to wind up prior to any Contribution Date, any obligation to make Contributions will terminate.

Network for Teaching Entrepreneurship Names Tim Blaylock as Executive Director of its West Region

Retrieved on: 
Friday, July 28, 2023
Volunteering, BGCA, Communication, Executive, University, Education, Marketing, Organization development, Strategic planning, NFTE, Entrepreneurship, Student, Gianluigi Porelli EuroLeague Executive of the Year, Boys & Girls Clubs of America, Contribution, APR, Boy, Environment, Washington State University, ASCAP Foundation Richard Rodgers New Horizons Award, Management

New York, NY, July 28, 2023 (GLOBE NEWSWIRE) -- Global entrepreneurship education nonprofit Network for Teaching Entrepreneurship (NFTE) is pleased to announce the appointment of Tim Blaylock of Oxnard, California, as the West Region’s Executive Director.

Key Points: 
  • New York, NY, July 28, 2023 (GLOBE NEWSWIRE) -- Global entrepreneurship education nonprofit Network for Teaching Entrepreneurship (NFTE) is pleased to announce the appointment of Tim Blaylock of Oxnard, California, as the West Region’s Executive Director.
  • NFTE will benefit from his passion for serving young people from underserved communities, which has earned him recognition throughout his career.
  • He knows the fundamentals of entrepreneurship, as well, having launched Tim Blaylock & Associates Non-profit Organizational Development in July 2014.
  • “Tim joins us at a crucial time as we expand our reach in the West region, which spans 13 states,” said NFTE CEO and President Dr. J.D.

Marley Spoon: Continued Expansion of Margin and Positive Operating EBITDA Despite Softer Revenue

Retrieved on: 
Thursday, July 27, 2023
Organic Food, Online Retail, Retail, Other Retail, Technology, Other Technology, Food, Beverage, SPAC, Communication, Contribution margin, Marketing, AEST, ASX, G&A, Meal, AOV, PCP, Protein, EBITDA, Acquisition, Traction, CM, Investment, BCA, CEST, SE, Yoy, Contribution, MS1, Quarter, Economics, Automation, Cryptocurrency, Bookkeeping, Pharmaceutical industry, Q2

This, combined with lapping a strong Q2 2022, led to net revenue contraction of 17% vs. the PCP in constant currency to €86m.

Key Points: 
  • This, combined with lapping a strong Q2 2022, led to net revenue contraction of 17% vs. the PCP in constant currency to €86m.
  • This strong margin performance, combined with results from our ongoing cost saving initiatives announced earlier this year, led to positive Operating EBITDA for the quarter of €2.4m, up €5.5m vs. the PCP.
  • This also helped the region deliver once again nearly breakeven Operating EBITDA in the quarter, excluding headquarter costs, despite the reduction in net revenue.
  • The Company continues to explore opportunities to further improve its cost structure and service quality through automation and business service centralization.

GreenLight Announces Completion of Merger with Fall Line Endurance Fund

Retrieved on: 
Monday, July 24, 2023
Treasury, LLP, PBC, Fall line, Committee, Sub, Tax, SW, Agility, RNA, GRNA, Mergers and acquisitions, Myers, Contribution, Canadian House of Commons Special Committee on Electoral Reform, Roth Capital Partners, DGCL, Security (finance), Green-light, Parent

LEXINGTON, Mass., July 24, 2023 (GLOBE NEWSWIRE) -- GreenLight Biosciences Holdings, PBC (NASDAQ: GRNA) (“GreenLight” or the “Company”) today announced the closing of its previously announced merger with SW MergerCo, Inc. (“Merger Sub”) and SW ParentCo, Inc. (“Parent”), pursuant to which Merger Sub merged with and into GreenLight with GreenLight surviving as a wholly-owned subsidiary of Parent (the “Merger”).

Key Points: 
  • LEXINGTON, Mass., July 24, 2023 (GLOBE NEWSWIRE) -- GreenLight Biosciences Holdings, PBC (NASDAQ: GRNA) (“GreenLight” or the “Company”) today announced the closing of its previously announced merger with SW MergerCo, Inc. (“Merger Sub”) and SW ParentCo, Inc. (“Parent”), pursuant to which Merger Sub merged with and into GreenLight with GreenLight surviving as a wholly-owned subsidiary of Parent (the “Merger”).
  • Concurrent with the closing of the Merger, GreenLight completed its previously announced financing of $52.075 million from a syndicate of investors led by Fall Line Capital, LLC (“Fall Line”), of which $15 million had been previously funded in exchange for the issuance of $15 million of unsecured notes.
  • The merger and concurrent financing positions GreenLight for increased efficiency and nimbleness to adapt to changing market opportunities.
  • “This merger and financing empowers GreenLight to operate with enhanced efficiency, advancing us closer to our mission of fostering healthy people and planet.” said Zarur.

Integrated Rail and Resources Acquisition Corp. Announces Contributions to Trust Account in Connection With Proposed Extension

Retrieved on: 
Monday, July 24, 2023
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The Contributions will be evidenced by a non-interest bearing, unsecured promissory note and will be repayable by the Company upon consummation of an initial business combination.

Key Points: 
  • The Contributions will be evidenced by a non-interest bearing, unsecured promissory note and will be repayable by the Company upon consummation of an initial business combination.
  • Any Contribution is conditioned on the approval of the requisite proposals at the Annual Meeting and the implementation of the Extension.
  • Following such liquidation, we would likely receive minimal interest, if any, on the funds held in the trust account.
  • However, interest previously earned on the funds held in the trust account still may be released to us to pay our taxes, if any.

GreenLight Biosciences Announces Expiration of Tender Offer Period for Outstanding Shares

Retrieved on: 
Thursday, July 20, 2023
Treasury, PBC, Guaranteed, Sub, Tax, SW, Corporate law, GRNA, Mergers and acquisitions, Contribution, Rollover, DGCL, Parent, Holding company, Green-light

As of one minute after 11:59 p.m. (New York City time) on July 19,2023, a total of 18,791,264 shares of GreenLight common stock were validly tendered and not validly withdrawn pursuant to the Offer, representing approximately 60.4% of the outstanding shares of GreenLight common stock not otherwise owned by Merger Sub, its affiliates or the Rollover Stockholders.

Key Points: 
  • As of one minute after 11:59 p.m. (New York City time) on July 19,2023, a total of 18,791,264 shares of GreenLight common stock were validly tendered and not validly withdrawn pursuant to the Offer, representing approximately 60.4% of the outstanding shares of GreenLight common stock not otherwise owned by Merger Sub, its affiliates or the Rollover Stockholders.
  • In addition, “Notices of Guaranteed Delivery” have been delivered for 477,399 shares of GreenLight common stock, representing approximately 1.5% of the outstanding shares not otherwise owned by Merger Sub, its affiliates or the Rollover Stockholders.
  • Merger Sub intends to accept for payment in accordance with the terms of the Offer all shares of GreenLight common stock that were validly tendered and not validly withdrawn as of the expiration of the Offer.
  • Merger Sub will be merged with and into GreenLight, with GreenLight continuing as the surviving corporation that is wholly owned by the Parent.

Concentrix Prices $2.15 Billion Senior Notes Offering for Webhelp Combination

Retrieved on: 
Wednesday, July 19, 2023
Attention, HSBC, Financial assistance (share purchase), TD, Concentrix, Telephone, MUFG, Debt-to-GDP ratio, BofA Securities, SMBC Nikko Securities, EDGAR, Sale, 3rd Floor, Name, Prospectus, Acquisition, Offering, Wells Fargo, Madison Avenue, Contribution, News, PPM America, Inc., Security (finance), Note, Webhelp

The Offering is expected to close on August 2, 2023, subject to customary closing conditions.

Key Points: 
  • The Offering is expected to close on August 2, 2023, subject to customary closing conditions.
  • The Offering is not conditioned upon the consummation of the Acquisition.
  • The Offering will be made pursuant to an effective shelf registration statement, previously filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).
  • Concentrix, the Concentrix logo, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries.