Tata Investment Corp

Catcha Investment Corp Announces Mandatory Unit Separation and Voluntary Delisting of Common Stock from NYSE, in Connection with Proposed Transfer of the Listing of its Class A Common Stock to NYSE American

Retrieved on: 
Friday, March 17, 2023

This is a mandatory and automatic separation, and no action is required by the holders of the units.

Key Points: 
  • This is a mandatory and automatic separation, and no action is required by the holders of the units.
  • Each unit consists of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of Class A common stock.
  • In the separation, unit holders will receive shares of Class A common stock and warrants underlying their units.
  • The separation of the units and the voluntary delisting of the common stock is in connection with a proposed transfer of the listing of its Class A common stock from the New York Stock Exchange to NYSE American LLC ("NYSE American"), subject to authorization by NYSE American.

NewHold Investment Corp. II Announces That it will not Amend its Charter

Retrieved on: 
Tuesday, December 27, 2022

On December 24, 2022, NHIC II’s sponsor entered into an Excise Tax Backstop Agreement (the “Backstop Agreement”).

Key Points: 
  • On December 24, 2022, NHIC II’s sponsor entered into an Excise Tax Backstop Agreement (the “Backstop Agreement”).
  • Pursuant to the Backstop Agreement, the backstop party (the “Backstop Party”) committed to fund up to $1.0 million of any excise tax liability (the “Backstop Commitment”) in the event that the Company is subject to the 1% excise tax on stock repurchases under Section 4501 of the Internal Revenue Code, as enacted by the Inflation Reduction Act of 2022, in connection with the Company’s liquidation and dissolution if it is not able to complete a business combination.
  • At this time, considering its strong pipeline of deal opportunities and the existence of the Backstop Agreement, the Board has elected to continue to search for an initial business combination in accordance with the Company’s existing Certificate of Incorporation and Investment Management Trust Agreement.
  • For more information, please refer to the Current Report on Form 8-K filed by NHIC II with the Securities and Exchange Commission on December 27, 2022.

NewHold Investment Corp. II Files Proxy Statement to Obtain Stockholder Approval to Either Extend or Liquidate

Retrieved on: 
Wednesday, November 30, 2022

For more information, please see the Proxy Statement filed with the Securities and Exchange Commission on November 30, 2022.

Key Points: 
  • For more information, please see the Proxy Statement filed with the Securities and Exchange Commission on November 30, 2022.
  • In connection with stockholder meeting described above, NHIC has filed relevant materials with the SEC, including a proxy statement.
  • Stockholders will also be able to obtain a copy of the proxy statement without charge from NHIC.
  • Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement.

AM Best Affirms Credit Ratings of Malayan Insurance Co., Inc.

Retrieved on: 
Thursday, July 28, 2022

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Malayan Insurance Co., Inc. (Malayan) (Philippines).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Malayan Insurance Co., Inc. (Malayan) (Philippines).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

WorkGenius, a freelance technology company, acquires US based JBC, a staffing company

Retrieved on: 
Wednesday, June 8, 2022

NEW YORK, June 8, 2022 /PRNewswire/ -- WorkGenius, a freelance technology company has acquired US based JBC, a staffing company, in a landmark deal that together, will aim to transform the freelance staffing industry through proven operations, great people, and cutting edge technology.

Key Points: 
  • NEW YORK, June 8, 2022 /PRNewswire/ -- WorkGenius, a freelance technology company has acquired US based JBC, a staffing company, in a landmark deal that together, will aim to transform the freelance staffing industry through proven operations, great people, and cutting edge technology.
  • The combined company will be close to $100m in revenue, with EBITDA in the high teens and more than 250 employees.
  • "Our goal has always been to transform the $600bn freelance industry, to make it more equitable and accessible through our technology.
  • says Marlon Rosenzweig who will be the new CEO of WorkGenius Holdings, based out of New York City.

PBIC Announces Internalization of Management Company Structure and Related Matters

Retrieved on: 
Friday, May 6, 2022

According to the terms of the SPA, PBIC will acquire the outstanding shares of Management Corp. from the Vendors for an aggregate purchase price of $1,400,000 (Canadian dollars).

Key Points: 
  • According to the terms of the SPA, PBIC will acquire the outstanding shares of Management Corp. from the Vendors for an aggregate purchase price of $1,400,000 (Canadian dollars).
  • The Acquisition will effectively result in the in-housing by PBIC of management functions previously outsourced to Management Corp. under the Management Agreement.
  • He added, "This transition will allow the Company's shareholders to be more aligned with management and the Board of the Company on the future vision for the Company."
  • This press release contains certain forward-looking statements with respect to the Company, including with respect to the timing and completion of the Acquisition.

China Life Insurance Company Limited - Change of Chairman of The Board

Retrieved on: 
Wednesday, April 27, 2022

Key Points: 
  • BEIJING, April 27, 2022 /PRNewswire/ -- China Life Insurance Company Limited (the "Company" or "China Life") (NYSE: LFC; SSE: 601628; HKSE: 2628) announces today that at the extraordinary general meeting held on April 27, 2022, Mr. Bai Tao has been elected as an Executive Director of the seventh session of the board of directors of the Company (the "Board").
  • At the eleventh meeting of the seventh session of the Board held on the same day, Mr. Bai Tao has been elected as the Chairman of the Company.
  • Mr. Bai Tao, born in 1963, has been the Secretary to the Party Committee of China Life Insurance (Group) Company, the controlling shareholder of the Company, since January 2022.
  • From May 2014 to August 2016, he served as the Vice President of China Life Insurance (Group) Company.

AGNC Investment Corp. Announces Date for First Quarter Earnings Release and Stockholder Call

Retrieved on: 
Monday, April 11, 2022

BETHESDA, Md., April 11, 2022 /PRNewswire/ --AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today it will report first quarter 2022 earnings after market close on May 2, 2022.

Key Points: 
  • BETHESDA, Md., April 11, 2022 /PRNewswire/ --AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today it will report first quarter 2022 earnings after market close on May 2, 2022.
  • AGNC will hold a stockholder call and audio webcast on May 3, 2022 at 8:30 am ET.
  • Please advise the operator you are dialing in for the AGNC Investment Corp. stockholder call.
  • Select the Q1 2022 Earnings Presentation link to download and print the presentation in advance of the stockholder call.

AGNC Investment Corp. to Present at the Credit Suisse 23rd Annual Financial Services Forum

Retrieved on: 
Wednesday, February 9, 2022

BETHESDA, Md., Feb. 9, 2022 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that Peter Federico, the Company's President and Chief Executive Officer, is scheduled to participate in a fireside chat at the Credit Suisse 23rd Annual Financial Services Forum on February 17, 2022 at 9:40 am ET. The live webcast will be available on the AGNC website in the Investor Relations section at https://ir.agnc.com. A replay of the presentation will be available shortly after the event.For further information or questions, please contact Investor Relations at (301) 968-9300 or [email protected].        ABOUT AGNC INVESTMENT CORP.AGNC Investment Corp. is an internally-managed real estate investment trust that invests primarily in residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise or a U.S. Government agency.  For further information, please refer to www.AGNC.com.

Key Points: 
  • BETHESDA, Md., Feb. 9, 2022 /PRNewswire/ --AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that Peter Federico, the Company's President and Chief Executive Officer, is scheduled to participate in a fireside chat at the Credit Suisse 23rd Annual Financial Services Forum on February 17, 2022 at 9:40 am ET.
  • The live webcast will be available on the AGNC website in the Investor Relations section at https://ir.agnc.com .
  • A replay of the presentation will be available shortly after the event.
  • AGNC Investment Corp. is an internally-managed real estate investment trust that invests primarily in residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S.

AGNC Investment Corp. Announces Date for Fourth Quarter Earnings Release and Stockholder Call

Retrieved on: 
Friday, January 7, 2022

BETHESDA, Md., Jan. 7, 2022 /PRNewswire/ --AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today it will report fourth quarter 2021 earnings after market close on January 31, 2022.

Key Points: 
  • BETHESDA, Md., Jan. 7, 2022 /PRNewswire/ --AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today it will report fourth quarter 2021 earnings after market close on January 31, 2022.
  • AGNC will hold a stockholder call and audio webcast on February 1, 2022 at 8:30 am ET.
  • Please advise the operator you are dialing in for the AGNC Investment Corp. stockholder call.
  • Select the Q4 2021 Earnings Presentation link to download and print the presentation in advance of the stockholder call.