Melinda Haag

Crown PropTech Acquisitions Announces Adjournment of Extraordinary General Meeting of Shareholders until February 9, 2023 at 2:30 p.m., Eastern Time

Retrieved on: 
Tuesday, February 7, 2023
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NEW YORK, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Crown PropTech Acquisitions (the “Company”) (NYSE:CPTK) announced today that it convened and then adjourned, without conducting any business, its Extraordinary General Meeting of shareholders (the “Extraordinary General Meeting”).

Key Points: 
  • NEW YORK, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Crown PropTech Acquisitions (the “Company”) (NYSE:CPTK) announced today that it convened and then adjourned, without conducting any business, its Extraordinary General Meeting of shareholders (the “Extraordinary General Meeting”).
  • The Extraordinary General Meeting has been adjourned to Thursday, February 9, 2023 at 2:30 p.m., Eastern Time (the “Adjourned Extraordinary General Meeting”).
  • The Adjourned Extraordinary General Meeting will be held at the offices of Orrick, Herrington & Sutcliffe LLP, located at 51 West 52nd Street, New York, New York 10019 and virtually via live webcast at www.virtualshareholdermeeting.com/CPTK2023SM .
  • The record date remains the close of business, Eastern Time, on January 17, 2023.

Crown PropTech Acquisitions to Hold Extraordinary General Meeting of Shareholders to Obtain an Extension of the Deadline to Complete an Initial Business Combination

Retrieved on: 
Monday, January 30, 2023
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The record date for the Extraordinary General Meeting is the close of business (Eastern Time) on January 17, 2023.

Key Points: 
  • The record date for the Extraordinary General Meeting is the close of business (Eastern Time) on January 17, 2023.
  • The deadline for a redemption request is 5:00 p.m., Eastern Time, on February 3, 2023.
  • Shareholders are encouraged to contact their brokerage firm or bank or the Company’s transfer agent for additional information regarding redemption procedures.
  • If you have any questions or need any assistance voting, please contact our proxy solicitor Morrow Sodali LLC by email at [email protected] or phone at (800) 662-5200.

Becker Welcomes Corporate Shareholder Gabriel Monzon-Cortarelli in New York

Retrieved on: 
Tuesday, January 10, 2023
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Mr. Monzon-Cortarelli was most recently a partner at Orrick, Herrington & Sutcliffe LLP and will be based in New York and Milan.

Key Points: 
  • Mr. Monzon-Cortarelli was most recently a partner at Orrick, Herrington & Sutcliffe LLP and will be based in New York and Milan.
  • Becker's Managing Shareholder and CEO Gary Rosen said, "The firm is delighted to welcome Gabriel and his international, entrepreneurial approach to business.
  • Becker's New York Regional Managing Shareholder Victor DiGioia added, "We are thrilled to gain a lawyer of Gabriel's caliber and background.
  • The firm provides sophisticated counsel on corporate and regulatory law, as well as on all aspects of litigation and dispute resolution.

ECARX and COVA Acquisition Corp. Announce Closing of Business Combination

Retrieved on: 
Wednesday, December 21, 2022
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Proceeds will support ECARX in accelerating its technology development and product roll-out, strategic acquisitions and investments, and international expansion

Key Points: 
  • Proceeds will support ECARX in accelerating its technology development and product roll-out, strategic acquisitions and investments, and international expansion
    LONDON, Dec. 21, 2022 /PRNewswire/ -- ECARX Holdings, Inc. ("ECARX"), a global mobility tech company, and COVA Acquisition Corp., ("COVA"), a publicly traded special purpose acquisition company, today announced the completion of their previously announced business combination (the "Business Combination"), which closed on December 20, 2022.
  • The Business Combination was approved at an Extraordinary General Meeting of COVA shareholders held on December 14, 2022.
  • As the industry transitions to an all-electric future, ECARX will help to transform cars into computers on wheels – always on, always connected.
  • COVA Acquisition Corp. is a blank check company whose business purpose is to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

Getaround Announces Closing of Business Combination with InterPrivate II Acquisition Corp

Retrieved on: 
Friday, December 9, 2022
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Getaround (Getaround or the Company), the world's first connected carsharing marketplace, today announced the Company has completed its previously announced business combination (the Business Combination) with InterPrivate II Acquisition Corp. (NYSE: IPVA) (InterPrivate II).

Key Points: 
  • Getaround (Getaround or the Company), the world's first connected carsharing marketplace, today announced the Company has completed its previously announced business combination (the Business Combination) with InterPrivate II Acquisition Corp. (NYSE: IPVA) (InterPrivate II).
  • The Business Combination was approved at a Special Meeting of InterPrivate II shareholders on December 7, 2022, and was unanimously approved by InterPrivate IIs Board of Directors.
  • To memorialize the completion of the Business Combination, Getaround will be ringing the Opening Bell at the NYSE at 9:30 a.m.
  • Neither Getaround nor InterPrivate II gives any assurance that either Getaround or InterPrivate II will achieve its expectations.

Oportun Closes Four-Year $150 Million Senior Secured Term Loan

Retrieved on: 
Thursday, September 15, 2022
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SAN CARLOS, Calif., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (the Company or Oportun), a mission-driven fintech and digital banking platform, today announced that it has closed a $150 million senior secured term loan due in 2026 from funds managed or sub-advised by Neuberger Berman Specialty Finance.

Key Points: 
  • SAN CARLOS, Calif., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (the Company or Oportun), a mission-driven fintech and digital banking platform, today announced that it has closed a $150 million senior secured term loan due in 2026 from funds managed or sub-advised by Neuberger Berman Specialty Finance.
  • Oportun (Nasdaq: OPRT) is an A.I.-powered digital banking platform that seeks to make financial health effortless for anyone.
  • Driven by a mission to provide inclusive and affordable financial services, Oportun helps its over 1.8 million hardworking members meet their daily borrowing, savings, banking, and investing needs.
  • In recognition of its responsibly designed products, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009.

Turtle Beach Provides Update on its Review of Strategic Alternatives

Retrieved on: 
Monday, August 8, 2022
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Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) (Turtle Beach or the Company) today provided an update regarding its previously announced review of strategic alternatives.

Key Points: 
  • Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) (Turtle Beach or the Company) today provided an update regarding its previously announced review of strategic alternatives.
  • Nevertheless, the Strategic Committee will continue to evaluate strategic opportunities consistent with the Strategic Committees charter.
  • Through the duration of our extensive process, the Board and Strategic Committee were singularly focused on maximizing value for Turtle Beach stockholders, said Mr. William Keitel, Chair of the Strategic Committee.
  • BofA Securities, Inc. is serving as financial advisor to Turtle Beach and Orrick, Herrington & Sutcliffe LLP are serving as legal counsel to Turtle Beach.

Greenberg Traurig Expands California Real Estate Practice in San Francisco

Retrieved on: 
Tuesday, July 26, 2022
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SAN FRANCISCO, July 26, 2022 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues the strategic expansion of its Real Estate Practice in Northern California with the addition of Jasmine Tzeng Martin as a shareholder in the firm's San Francisco office.

Key Points: 
  • Global law firm Greenberg Traurig, LLP continues the strategic expansion of its Real Estate Practice in Northern California with the addition of Jasmine Tzeng Martin as a shareholder in the firm's San Francisco office.
  • SAN FRANCISCO, July 26, 2022 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues the strategic expansion of its Real Estate Practice in Northern California with the addition of Jasmine Tzeng Martin as a shareholder in the firm's San Francisco office .
  • Martin advises private equity real estate funds, fund managers and sponsors, developers, and other institutional real estate investors and lenders.
  • About Greenberg Traurig's Real Estate Practice: The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and recognized leader in the industry.

Intersect Power Announces $750M Growth Equity Investment from TPG Rise Climate, CAI Investments & Trilantic Energy Partners North America

Retrieved on: 
Tuesday, June 28, 2022
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("CAI"), and Trilantic Energy Partners North America ("Trilantic").

Key Points: 
  • ("CAI"), and Trilantic Energy Partners North America ("Trilantic").
  • This growth equity investment will provide significant capital to scale Intersect Power's business including the Company's renewable energy portfolio and new product pipeline in the rapidly expanding clean energy sector.
  • Trilantic Capital Management L.P. ("Trilantic North America") is a growth-focused middle market private equity firm focused on control and significant minority investments in North America.
  • The Greenbelt investment team recently spun out of Trilantic North America and continues to serve as advisors to Trilantic North America and its managed funds.

New York Court Approves $300 Million Settlement Benefitting Minority Shareholders in Renren Derivative Litigation Announces Reid Collins

Retrieved on: 
Thursday, June 9, 2022
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Derivative Litigation (NYSE:RENN), one of the largest cash settlements of a derivative action in history.

Key Points: 
  • Derivative Litigation (NYSE:RENN), one of the largest cash settlements of a derivative action in history.
  • Litigation powerhouse Reid Collins & Tsai LLP, Lead Counsel for the derivative plaintiffs, originally announced the terms of the settlement in October 2021.
  • Reid Collins Founding Partner William T. Reid, IV on the resolution of the Renren litigation: "This is an extraordinary result by any measure.
  • Obtaining jurisdiction over these foreign defendants was no small task, but obtaining derivative standing was an even greater achievement.