Legal documents

Boatim Inc. announces restructuring of $1m+ of its debt into convertible notes

Retrieved on: 
Wednesday, September 9, 2020

MIAMI, Sept 9, 2020 /PRNewswire/ --BOATIM INC. (OTCQB: BTIM), a global marketplace and online community for buying and selling boats and yachts, announces today that it completed the restructuring of a major part of its debt into convertible promissory notes.

Key Points: 
  • MIAMI, Sept 9, 2020 /PRNewswire/ --BOATIM INC. (OTCQB: BTIM), a global marketplace and online community for buying and selling boats and yachts, announces today that it completed the restructuring of a major part of its debt into convertible promissory notes.
  • On July 21 and August 28, 2020, BOATIM INC. confirmed the assignment of debt from CAYO VENTURES GMBH (the "Assignor") to several parties (the "Assignees").
  • The Company issued new convertible promissory notes in the total amount of US$ 1,060,000.00.
  • "This restructuring of a major portion of our Companys early stage development debt is a major step towards strengthening our balance sheet."

Swivel Releases Workspace Management Application to Help Teams Return To and Use Their Office Space Safely

Retrieved on: 
Tuesday, September 1, 2020

Swivel's digital office platform leverages virtual models to help property owners and their teams transform how tenants evaluate, lease, and use office space.

Key Points: 
  • Swivel's digital office platform leverages virtual models to help property owners and their teams transform how tenants evaluate, lease, and use office space.
  • AgileOffice - a workspace management application that helps tenants use their office space safely and get the most out of their office investment.
  • We believe the future of office space is digital, flexible, and supports a hybrid of remote and in-office teams.
  • With our digital office platform, Swivel enables property owners to help tenants evaluate, lease, and use office space.

1847 Goedeker Files Registration Statement to Allow 1847 Holdings to Distribute its Special Share Dividend to Shareholders

Retrieved on: 
Tuesday, September 1, 2020

1847 Holdings is subject to a lock-up agreement, dated July 10, 2020, with the underwriter for the Companys initial public offering.

Key Points: 
  • 1847 Holdings is subject to a lock-up agreement, dated July 10, 2020, with the underwriter for the Companys initial public offering.
  • Notwithstanding this lock-up agreement, 1847 Holdings is permitted under the underwriting agreement to make the distribution of Goedekers stock to its shareholders provided that the shareholders of 1847 Holdings are subject to the same restrictions provided for in such lock-up agreement.
  • The shares of the Companys common stock being distributed to the shareholders of 1847 Holdings will be registered in book entry form and no stock certificates representing those shares will be delivered to any shareholders of 1847 Holdings.
  • Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate.

'Surgutneftegas' PJSC: Information statement on acquisition of the issuer's voting shares (stakes) or foreign issuer's securities representing the issuer's voting shares by the issuer and/or organization controlled by the issuer

Retrieved on: 
Friday, August 28, 2020

Type of organization that acquired the issuer's voting shares: the issuer.

Key Points: 
  • Type of organization that acquired the issuer's voting shares: the issuer.
  • Number of the issuer's voting shares acquired by the relevant organization: 500,000 shares.
  • Number of the issuer's voting shares held by the issuer before the acquisition of the issuer's voting shares: 579,979 shares.
  • Number of the issuer's voting shares held by the issuer after the acquisition of the issuer's voting shares: 1,079,979 shares.

Hemlane Established as Leader in Property Management

Retrieved on: 
Friday, August 28, 2020

Founded in 2014 by Dana Dunford and Frank Liu, Hemlane is a newer entrant into the property management space.

Key Points: 
  • Founded in 2014 by Dana Dunford and Frank Liu, Hemlane is a newer entrant into the property management space.
  • The company identified the need for a more transparent, flexible, and affordable property management option, and they deliver just that.
  • Hemlane's software automates administrative tasks, including advertising to the top listing websites, property showing scheduling, tenant screening, lease management, rent collection, and maintenance coordination.
  • The company is the exclusive property management partner to the California Association of Realtors (C.A.R.)

CTO Realty Growth Announces Purchase of 120,000 Square Foot Office Property Leased to Ford Motor Credit Company in Tampa, Florida and August Contractual Base Rent Collections Update

Retrieved on: 
Monday, August 24, 2020

The property is four stories and has a parking ratio of over 7 per 1,000 square feet of space.

Key Points: 
  • The property is four stories and has a parking ratio of over 7 per 1,000 square feet of space.
  • The Company also announced that it has collected approximately 90% of the contractual base rents expected in the month of August 2020.
  • Further, the Company agreed to defer approximately 3% of the contractual base rents, with the approximately 7% remaining unsresolved.
  • The majority of the unresolved contractual base rent is related to the Companys property in Falls Church, Virginia leased to 24 Hour Fitness.

CourtCall Provides Courts With Service and Solutions Unavailable With Zoom, Other Mass Market Platforms or Stop Gap Measures

Retrieved on: 
Thursday, August 13, 2020

Many courts are losing money notwithstanding that attorneys and litigants will pay to use technology instead of incurring the costs of traveling to court.

Key Points: 
  • Many courts are losing money notwithstanding that attorneys and litigants will pay to use technology instead of incurring the costs of traveling to court.
  • "It is odd that courts are cobbling together solutions and waiting for solutions to be developed when CourtCall already meets their precise requirements," said Bob Alvarado, CourtCall's CEO.
  • CourtCall's platform is in operation in courts from coast to coast, large and small, from local community courts to appellate courts.
  • Designed with reliable and user-friendly technologies, courts and remote participants experience seamless communication during cases, while benefiting from significant time and cost savings.

Mixed Results for Multifamily in July: Lease Pricing Down; Concessions and Card Payments Up; Traffic Holding Steady

Retrieved on: 
Tuesday, August 11, 2020

That's the verdict from Proptech firm MRI Software ("MRI"), whose data shows decreases in lease pricing and increases in concessions along with a steady stream of traffic and wider use of card payments by tenants.

Key Points: 
  • That's the verdict from Proptech firm MRI Software ("MRI"), whose data shows decreases in lease pricing and increases in concessions along with a steady stream of traffic and wider use of card payments by tenants.
  • Although it dropped slightly from June to July, it is still 16% ahead of July 2019 volumes.
  • After rising by 5% in June 2020 and regaining prior year levels, lease pricing in July gave that gain back.
  • "Last month we also expressed unease about tenants' use of card payments to pay rent and that continues," he adds.

Naborly Announces Credit Report Powered by Equifax

Retrieved on: 
Friday, August 7, 2020

SAN FRANCISCO, Aug. 7, 2020 /PRNewswire/ -- Naborly , the modern-day property management software for everyday landlords, today announced a new product, Naborly Credit Report, which grants landlords in the U.S. and Canada fast and affordable access to comprehensive tenant credit reports.

Key Points: 
  • SAN FRANCISCO, Aug. 7, 2020 /PRNewswire/ -- Naborly , the modern-day property management software for everyday landlords, today announced a new product, Naborly Credit Report, which grants landlords in the U.S. and Canada fast and affordable access to comprehensive tenant credit reports.
  • Naborly Tenant Insights, the company's flagship product formerly known as Naborly Report, remains its core offering to help landlords make data-driven decisions for each lease application they receive.
  • Naborly Credit Report is powered by Equifax and provides landlords with a quick snapshot of their potential tenant's financial situation.
  • For $25, landlords can submit a credit report request with applicant approval and in 90 minutes receive a breakdown of the tenant applicant's credit score, credit history, and number of inquiries.

Bloom Energy Corporation Prices Upsized $200.0 Million Green Convertible Senior Notes Offering

Retrieved on: 
Friday, August 7, 2020

Bloom Energy Corporation (NYSE: BE) today announced the pricing of its offering of $200.0 million aggregate principal amount of 2.50% green convertible senior notes due 2025 (the notes) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act).

Key Points: 
  • Bloom Energy Corporation (NYSE: BE) today announced the pricing of its offering of $200.0 million aggregate principal amount of 2.50% green convertible senior notes due 2025 (the notes) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act).
  • The offering size was increased from the previously announced offering size of $135.0 million aggregate principal amount of notes.
  • Bloom Energy also granted the initial purchaser of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $30.0 million principal amount of notes.
  • Pursuant to the indenture governing the 10% Convertible Promissory Notes due 2021, Bloom Energy is required to use 50% of the net proceeds from this offering to offer to redeem the 10% Convertible Promissory Notes due 2021.