COMMON

Robbins Geller Rudman & Dowd LLP Announces a Notice of Class Action and Proposed Settlement in the LifeStance Health Group, Inc. Securities Settlement

Retrieved on: 
Wednesday, November 22, 2023

(the "Underwriter Defendants" and, together with the LifeStance Defendants, "Defendants"), have reached a proposed settlement of the claims in the above-captioned class action (the "Action") in the amount of $50,000,000 (the "Settlement").

Key Points: 
  • (the "Underwriter Defendants" and, together with the LifeStance Defendants, "Defendants"), have reached a proposed settlement of the claims in the above-captioned class action (the "Action") in the amount of $50,000,000 (the "Settlement").
  • Any updates regarding the Settlement Hearing, including any changes to the date or time of the hearing, will be posted to the Settlement website, www.LifeStanceSecuritiesSettlement.com .
  • You do NOT need to attend the Settlement Hearing to receive a distribution from the Net Settlement Fund.
  • IF YOU ARE A MEMBER OF THE CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT.

Templeton Global Income Fund Announces Results of Special Meeting of Shareholders

Retrieved on: 
Monday, November 6, 2023

Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today reported the results of its Special Meeting of Shareholders (the “Special Meeting”) held on October 25, 2023.

Key Points: 
  • Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today reported the results of its Special Meeting of Shareholders (the “Special Meeting”) held on October 25, 2023.
  • The results show that all three proposals presented at the Special Meeting passed.
  • The Fund sent a notice to Franklin Templeton Advisers, Inc. ("Franklin Advisers"), the current manager of the Fund, terminating the current investment management agreement between the Fund and Franklin Advisers.
  • In connection with the Adviser Transition, the Fund’s name will change to Saba Capital Income & Opportunities Fund II.

Bank of Bird-in-Hand Reports on Progress of Stock Offering

Retrieved on: 
Tuesday, October 31, 2023

The Bank of Bird-in-Hand (the “Bank”) announced that, as of October 26, 2023, it has received subscriptions for 514,635 shares of its common stock for aggregate gross proceeds of $14,409,780 before deducting offering expenses, through the previously announced stock offering of its shares of common stock.

Key Points: 
  • The Bank of Bird-in-Hand (the “Bank”) announced that, as of October 26, 2023, it has received subscriptions for 514,635 shares of its common stock for aggregate gross proceeds of $14,409,780 before deducting offering expenses, through the previously announced stock offering of its shares of common stock.
  • The Bank commenced the common stock offering on September 18, 2023, at $28.00 per share, of up to approximately $15 million of common stock with the right to increase the offering amount up to approximately $30 million, at the sole discretion of the Board of Directors in the event that demand for the shares exceeded $15 million.
  • Kevin J. McClarigan, CPA, Chairman of the Board, stated, “We are excited and humbled by the strong demand we have experienced for our latest common stock offering.
  • The Bank reserves the right, however, to withdraw or terminate the Offering at any time and return unaccepted subscriptions to subscribers.

Healthwell Acquisition Corp. I Announces Postponement of the Special Meeting of Stockholders to Approve the Proposed Business Combination with Starton Therapeutics, Inc. and Related Transactions

Retrieved on: 
Tuesday, October 24, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231023710486/en/
    The Company intends to schedule a new date for the postponed Meeting as soon as practicable.
  • The Company will issue a separate press release to announce the new Meeting date at least two business days before the new Meeting date.
  • Stockholders may continue to submit redemption requests prior to 5:00 p.m., Eastern Time, two business days prior to the vote at the rescheduled Meeting.
  • SEE THE SECTION OF THE PROXY STATEMENT/PROSPECTUS TITLED “SPECIAL MEETING OF THE STOCKHOLDERS — REDEMPTION RIGHTS” FOR MORE SPECIFIC INSTRUCTIONS.

Healthwell Acquisition Corp. I Announces New Meeting Date for the Special Meeting of Stockholders to Approve Proposed Business Combination With Starton Therapeutics, Inc. and Related Transactions

Retrieved on: 
Tuesday, October 17, 2023

I (“Healthwell,” “HWEL” or the “Company”) (NASDAQ: HWEL) announced today that it has postponed the date of the special meeting of the Company’s stockholders (the “Meeting”) to approve its proposed business combination with Starton Therapeutics, Inc. (“Starton”) and related transactions from the originally scheduled date of October 19, 2023.

Key Points: 
  • I (“Healthwell,” “HWEL” or the “Company”) (NASDAQ: HWEL) announced today that it has postponed the date of the special meeting of the Company’s stockholders (the “Meeting”) to approve its proposed business combination with Starton Therapeutics, Inc. (“Starton”) and related transactions from the originally scheduled date of October 19, 2023.
  • The new Meeting time and date will be 10:00 a.m. Eastern Time on October 25, 2023 and will be held virtually.
  • No changes have been made in the Proposals to be voted on by stockholders at the adjourned portion of the Meeting.
  • SEE THE SECTION OF THE PROXY STATEMENT/PROSPECTUS TITLED “SPECIAL MEETING OF THE STOCKHOLDERS — REDEMPTION RIGHTS” FOR MORE SPECIFIC INSTRUCTIONS.

Pomerantz LLP and Levi & Korsinsky LLP Announce Notice of Proposed Settlement If You Purchased or Otherwise Acquired Common Stock Of Bakkt Holdings, Inc. ("Bakkt") or VPC Impact Acquisition Holdings ("VIH"), or Warrants To Purchase Bakkt or VIH Common Sto

Retrieved on: 
Monday, October 16, 2023

CERTAIN PERSONS ARE EXCLUDED FROM THE DEFINITION OF THE SETTLEMENT CLASS AS SET FORTH IN THE STIPULATION AND AGREEMENT OF SETTLEMENT.

Key Points: 
  • CERTAIN PERSONS ARE EXCLUDED FROM THE DEFINITION OF THE SETTLEMENT CLASS AS SET FORTH IN THE STIPULATION AND AGREEMENT OF SETTLEMENT.
  • YOUR RIGHTS MAY BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
  • § 78u-4(a)(4) in connection with their representation of the Settlement Class and, if so, in what amount.
  • If you submit a written request for exclusion, you will have no right to recover money pursuant to the Settlement.

Templeton Global Income Fund Announces Commencement of Tender Offer for its Common Shares

Retrieved on: 
Tuesday, October 10, 2023

Templeton Global Income Fund (NYSE: GIM) (the “Fund”), today announced the commencement of a tender offer for its outstanding common shares.

Key Points: 
  • Templeton Global Income Fund (NYSE: GIM) (the “Fund”), today announced the commencement of a tender offer for its outstanding common shares.
  • The tender offer will expire on November 9, 2023 at 5:00 p.m. Eastern time, unless otherwise extended.
  • The offer to purchase common shares is being made pursuant to an offer on Schedule TO.
  • COMMON SHAREHOLDERS ARE URGED TO READ THE TENDER OFFER MATERIALS, INCLUDING THE OFFER TO PURCHASE AND ANY SOLICITATION/RECOMMENDATION STATEMENT REGARDING THE TENDER OFFER, AS THEY MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME, BECAUSE THEY CONTAIN IMPORTANT INFORMATION THAT HOLDERS OF COMMON SHARES SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SHARES.

Scilex Holding Company Provides Notice to All Lenders of Short Positions in the Restricted Dividend Shares of Scilex Holding Company

Retrieved on: 
Wednesday, October 4, 2023

The Scilex Dividend Stock was primarily received by “record holders,” or brokers, dealers, banks and other nominees acting as agents for shareholders who are the true “beneficial owners” of the Scilex Dividend Stock.

Key Points: 
  • The Scilex Dividend Stock was primarily received by “record holders,” or brokers, dealers, banks and other nominees acting as agents for shareholders who are the true “beneficial owners” of the Scilex Dividend Stock.
  • “Naked short” sales or “naked short” positions in any Scilex common stock may constitute a violation of SEC Regulation SHO.
  • Before taking any further legal action against such Short Sellers, on October 3, 2023, Scilex provided a proposal to those Short Sellers who had not yet closed or covered their respective short positions in Scilex Dividend Stock (“Short Seller Proposal”).
  • Scilex is now making a similar offer to the lenders of the short positions in Scilex Dividend Stock held by the Short Sellers (“Lender”).

Scilex Holding Company Provides Notice to All Record Holders and Beneficial Owners of Restricted Shares of Scilex Holding Company

Retrieved on: 
Tuesday, October 3, 2023

The Scilex Dividend Stock was primarily received by “record holders,” or brokers, dealers, banks and other nominees acting as agents for shareholders who are the true “beneficial owners” of the Scilex Dividend Stock.

Key Points: 
  • The Scilex Dividend Stock was primarily received by “record holders,” or brokers, dealers, banks and other nominees acting as agents for shareholders who are the true “beneficial owners” of the Scilex Dividend Stock.
  • “Naked short” sales or “naked short” positions in any Scilex common stock may constitute a violation of SEC Regulation SHO.
  • If a holder of a short-position already holds unrestricted shares of Scilex common stock, such holder may convert such shares into restricted shares subject to the Lockup via the same process outlined herein.
  • b. Scilex and the buyer will jointly instruct Continental Stock Transfer & Trust Company, Scilex’s transfer agent (“Continental”), to impose the Lockup on the shares.

Robbins Geller Rudman & Dowd LLP and Saxena White P.A. Announce Proposed Settlement in the ProAssurance Securities Litigation

Retrieved on: 
Friday, September 29, 2023

TO: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED PROASSURANCE CORPORATION (“PROASSURANCE” OR THE “COMPANY”) COMMON STOCK DURING THE PERIOD BETWEEN AUGUST 8, 2018 AND MAY 7, 2020, INCLUSIVE, AND WERE ALLEGEDLY DAMAGED THEREBY, AND ARE NOT OTHERWISE EXCLUDED FROM THE SETTLEMENT CLASS (“SETTLEMENT CLASS” OR “SETTLEMENT CLASS MEMBERS”)

Key Points: 
  • TO: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED PROASSURANCE CORPORATION (“PROASSURANCE” OR THE “COMPANY”) COMMON STOCK DURING THE PERIOD BETWEEN AUGUST 8, 2018 AND MAY 7, 2020, INCLUSIVE, AND WERE ALLEGEDLY DAMAGED THEREBY, AND ARE NOT OTHERWISE EXCLUDED FROM THE SETTLEMENT CLASS (“SETTLEMENT CLASS” OR “SETTLEMENT CLASS MEMBERS”)
    THIS NOTICE WAS AUTHORIZED BY THE COURT.
  • The Court may decide to conduct the Settlement Hearing by video or telephonic conference, or otherwise allow Settlement Class Members to appear remotely at the hearing, without further written notice to the Settlement Class.
  • Also, if the Court requires or allows Settlement Class Members to participate in the Settlement Hearing by remote means, the information for accessing the hearing will be posted to the Settlement website.
  • IF YOU PURCHASED OR OTHERWISE ACQUIRED PROASSURANCE COMMON STOCK BETWEEN AUGUST 8, 2018 AND MAY 7, 2020, INCLUSIVE, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF THIS LITIGATION.