MNG

MNG Airlines Announces Filing of a Registration Statement on Form F-4 in Connection with its Proposed Business Combination with Golden Falcon Acquisition Corp. (NYSE: GFX)

Retrieved on: 
Thursday, April 13, 2023

While the Registration Statement, which can be found here , has not yet become effective, and the information contained therein is subject to change, it provides important information about MNG Airlines’ business and operations, the proposed business combination with Golden Falcon and the proposals to be considered by Golden Falcon’s stockholders.

Key Points: 
  • While the Registration Statement, which can be found here , has not yet become effective, and the information contained therein is subject to change, it provides important information about MNG Airlines’ business and operations, the proposed business combination with Golden Falcon and the proposals to be considered by Golden Falcon’s stockholders.
  • Completion of the proposed business combination is subject to the Registration Statement being declared effective by the SEC, approval by Golden Falcon’s stockholders, and other customary closing conditions.
  • The business combination assumes a combined company proforma enterprise value of $676 million, assuming minimum gross transaction proceeds of $30 million.
  • UBS Investment Bank and EarlyBirdCapital, Inc. are acting as capital markets advisors to Golden Falcon.

MNG Airlines Provides Earthquake Aid, Facilitates Donations and Supplies to Turkey-Syria

Retrieved on: 
Thursday, February 23, 2023

On February 8th,MNG Airlines volunteered an A300-600 aircraft to transport relief goods including 44 tons of supplies donated by MNG Airlines staff.

Key Points: 
  • On February 8th,MNG Airlines volunteered an A300-600 aircraft to transport relief goods including 44 tons of supplies donated by MNG Airlines staff.
  • MNG Airlines has also partnered with the Turkish Red Crescent to collect and transport emergency donations from across Europe to Malatya and Adana.
  • MNG Airlines’ collaboration with the Red Crescent is ongoing, and as of today, MNG Airlines has transported 240 tons of aid.
  • On February 18th, MNG Airlines operated an A300-600 cargo plane on behalf of UNICEF to transport 37 tons of relief goods.

MNG Airlines Announces Approximately $35 Million Dividend for Fiscal Year 2022

Retrieved on: 
Thursday, February 23, 2023

In addition, MNGA’s ability to pay dividends may be limited by covenants of any existing and future outstanding indebtedness MNGA or its subsidiaries incur.

Key Points: 
  • In addition, MNGA’s ability to pay dividends may be limited by covenants of any existing and future outstanding indebtedness MNGA or its subsidiaries incur.
  • MNGA may also distribute advanced dividends, which would allow for dividend payments more than once per year, in accordance with the applicable law.
  • The documents filed by MNGA and Golden Falcon with the SEC also may be obtained free of charge at Golden Falcon’s website at www.
  • goldenfalconcorp.com or upon written request to: Golden Falcon Acquisition Corp., 850 Library Avenue, Suite 204, Newark, DE 19711.

MNG Airlines Announces Strong Preliminary Unaudited Financial Results and Operational Highlights for Full Year 2022

Retrieved on: 
Thursday, February 23, 2023

E-commerce revenue increased to $81.5 million in 2022 from $51.3 million in 2022, a 59% increase, supported by the increased activity in Asia.

Key Points: 
  • E-commerce revenue increased to $81.5 million in 2022 from $51.3 million in 2022, a 59% increase, supported by the increased activity in Asia.
  • Profit in 2022 expanded to $66.7 million from $50.4 million in 2021, representing growth of 32%, and representing a 19% profit margin4.
  • Adjusted EBITDA in 2022 decreased slightly but remained robust at $110.1 million, representing a 31% Adjusted EBITDA margin5.
  • Because of these limitations, you should consider Adjusted EBITDA alongside other financial performance measures, including various cash flow metrics, profit and MNGA’s other IFRS results.

Golden Falcon Acquisition Corp. and MNG Airlines Announce Confidential Submission of F-4 Draft Registration Statement for Proposed Business Combination

Retrieved on: 
Thursday, February 23, 2023

Golden Falcon Acquisition Corp. (“Golden Falcon”) (NYSE: GFX), a special purpose acquisition company, and MNG Havayollari ve Tasimacilik A.S. (“MNG Airlines,” “MNGA” or “the Company”), a global logistics provider and e-commerce enabler today announced the submission of a confidential draft Registration Statement on Form F-4 to the U.S. Securities and Exchange Commission (the “SEC”) on February 14, 2023 with respect to their previously announced proposed business combination.

Key Points: 
  • Golden Falcon Acquisition Corp. (“Golden Falcon”) (NYSE: GFX), a special purpose acquisition company, and MNG Havayollari ve Tasimacilik A.S. (“MNG Airlines,” “MNGA” or “the Company”), a global logistics provider and e-commerce enabler today announced the submission of a confidential draft Registration Statement on Form F-4 to the U.S. Securities and Exchange Commission (the “SEC”) on February 14, 2023 with respect to their previously announced proposed business combination.
  • The proposed business combination, which has been approved by the boards of directors of Golden Falcon and MNG Airlines, is expected to be completed in the first half of 2023, subject to, among other things, approval by Golden Falcon’s stockholders, satisfaction of the conditions stated in the previously filed definitive business combination agreement and other customary closing conditions, including a registration statement on Form F-4 being declared effective by the SEC and approval by the relevant exchange to list the securities of the combined entity.
  • Upon the closing of the proposed business combination between Golden Falcon and MNG Airlines, MNG Airlines expects to be listed under the ticker symbol “MNGA.”

EQS-News: This Company Looks To Change The AgTech Industry With The Help Of Some Strategic M&A

Retrieved on: 
Wednesday, November 30, 2022

The company has recently announced and has pending a series of acquisitions , including data and consulting company Delphy Group, biotech company Deroose Plants NV and IP from Manna Nutritional Group (MNG).

Key Points: 
  • The company has recently announced and has pending a series of acquisitions , including data and consulting company Delphy Group, biotech company Deroose Plants NV and IP from Manna Nutritional Group (MNG).
  • AgriFORCEs clear mission to the agricultural industry is supported by four pillars:
    1) Facility and lighting design.
  • Another company AgriFORCE has publicly announced a Binding Letter of Intent is leading tissue-culture and young plants company Deroose Plants.
  • The company is excited for 2023 as it proceeds to launch its (UN)THINK food brand of high-protein, high-fiber, low-carb grains.

WebMD Acquires JIM.fr, Expanding Reach to French-Speaking Health Professionals

Retrieved on: 
Thursday, August 18, 2022

"Medscape's existing French edition, along with our robust, country-specific content, is integral to our global commitment to French-speaking health professionals.

Key Points: 
  • "Medscape's existing French edition, along with our robust, country-specific content, is integral to our global commitment to French-speaking health professionals.
  • WebMD Health Corp., an Internet Brands company, is at the heart of the digital health revolution that is transforming the healthcare experience for consumers, patients, healthcare professionals, employers, health plans and health systems.
  • The WebMD Health Network includes WebMD Health, Medscape, Jobson Healthcare Information, MediQuality, Frontline, Vitals Consumer Services, Aptus Health, Krames, PulsePoint, The Wellness Network, SanovaWorks, MNG Health, MedicineNet, eMedicineHealth, RxList, OnHealth, Medscape Education, and other owned WebMD sites.
  • WebMD, Medscape, CME Circle, Medpulse, eMedicine, MedicineNet, theheart.org and RxList are among the trademarks of WebMD Health Corp. or its subsidiaries.

WebMD Acquires JIM.fr, Expanding Reach to French-Speaking Health Professionals

Retrieved on: 
Thursday, August 18, 2022

"Medscape's existing French edition, along with our robust, country-specific content, is integral to our global commitment to French-speaking health professionals.

Key Points: 
  • "Medscape's existing French edition, along with our robust, country-specific content, is integral to our global commitment to French-speaking health professionals.
  • WebMD Health Corp., an Internet Brands company, is at the heart of the digital health revolution that is transforming the healthcare experience for consumers, patients, healthcare professionals, employers, health plans and health systems.
  • The WebMD Health Network includes WebMD Health, Medscape, Jobson Healthcare Information, MediQuality, Frontline, Vitals Consumer Services, Aptus Health, Krames, PulsePoint, The Wellness Network, SanovaWorks, MNG Health, MedicineNet, eMedicineHealth, RxList, OnHealth, Medscape Education, and other owned WebMD sites.
  • WebMD, Medscape, CME Circle, Medpulse, eMedicine, MedicineNet, theheart.org and RxList are among the trademarks of WebMD Health Corp. or its subsidiaries.

PCG Joins U.S. Army PaYS Program to Support Soldiers' Transition to the Civilian Workforce After the Army

Retrieved on: 
Thursday, August 4, 2022

BOSTON, Aug. 4, 2022 /PRNewswire/ -- This week, Public Consulting Group (PCG) announced that it is joining forces with the United States Army through the Partnership for Your Success (PaYS) Program. This strategic partnership between the U.S. Army and a cross section of corporations, companies, and public sector agencies, helps to connect enlisting Soldiers and Reserve Officers' Training Corps (ROTC) Cadets to post-military career opportunities. PaYS guarantees Soldiers and Cadets job interviews with up to five PaYS partner organizations—of more than 1,100 across the country—as they transition to civilian life. PCG Founder, President, and CEO Bill Mosakowski and Lieutenant Colonel Natasha Clarke, Commander of the New England Recruiting Battalion, jointly signed a memorandum of agreement solidifying the partnership during a small reception at the firm's Boston headquarters.

Key Points: 
  • PaYS guarantees Soldiers and Cadets job interviews with up to five PaYS partner organizationsof more than 1,100 across the countryas they transition to civilian life.
  • The PaYS Program is a win-win for soldiers, their families, and employers such as PCG.
  • The program offers those from the U.S. Army a pipeline for guaranteed interviews and potential employment in a fast-growing company, which works in every state of our nation."
  • We're excited to continue growing our veteran employee base as a PaYS partner."

Taboola Announces New, Exclusive Two-Year Deal with MediaNews Group, Extending Partnership with Tribune Publishing to 10 Years

Retrieved on: 
Thursday, July 7, 2022

The agreement also officially extends Taboolas multi-year partnership with Tribune Publishing to 10 years.

Key Points: 
  • The agreement also officially extends Taboolas multi-year partnership with Tribune Publishing to 10 years.
  • Tribune Publishing was purchased by MediaNews Groups majority owner, Alden Global Capital, in 2021.
  • Tribune Publishing has previously leveraged Taboola Feed across its network of sites including the Chicago Tribune, the Baltimore Sun, the Orlando Sentinel, Virginias Daily Press and more.
  • Taboola will now be MediaNews Groups new partner for all sites including LA Daily News, Colorado Daily, the Boston Herald and the Saratogian, among others.