Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.

Enthusiast Gaming Announces Changes to Board of Directors

Retrieved on:

Friday, August 11, 2023

TSX, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., EGLX, Video game, Holding company, List of Reed College buildings

LOS ANGELES, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX) (the “Company”), a leading gaming media and entertainment company, today announced that the Company is undertaking a process with Greywood Investments, LLC (“Greywood”) to identify replacement nominee directors for appointment to the Company's board of directors to replace Greywood's two original nominee directors, David Goldhill and Janny Lee, each of whom has resigned from the board effective August 8, 2023.

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LOS ANGELES, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX) (the “Company”), a leading gaming media and entertainment company, today announced that the Company is undertaking a process with Greywood Investments, LLC (“Greywood”) to identify replacement nominee directors for appointment to the Company's board of directors to replace Greywood's two original nominee directors, David Goldhill and Janny Lee, each of whom has resigned from the board effective August 8, 2023.

ADTRAN Holdings, Inc. to Present at the Rosenblatt Virtual Tech Summit August 23, 2023

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Friday, August 11, 2023

ADTRAN Holdings Inc., (NASDAQ: ADTN), a leading provider of next-generation networking solutions, announced today that Adtran representatives will be presenting at the Rosenblatt Virtual Tech Summit.

Key Points:

ADTRAN Holdings Inc., (NASDAQ: ADTN), a leading provider of next-generation networking solutions, announced today that Adtran representatives will be presenting at the Rosenblatt Virtual Tech Summit.
Adtran representatives will discuss company performance and current industry trends that may affect the market and Adtran’s business.
These statements by their nature involve substantial risks and uncertainties, which may be beyond the Company’s control.
Actual results could differ materially from those projected in the forward-looking statements.

Kinetik Reports Second Quarter 2023 Financial and Operating Results

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Monday, August 7, 2023

Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today reported financial results for the quarter ended June 30, 2023.

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Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today reported financial results for the quarter ended June 30, 2023.
“Building off the momentum of a strong first quarter and our announced entry into New Mexico, we are pleased to report our second quarter 2023 results,” said Jamie Welch, Kinetik’s Chief Executive Officer and President.
Declared a dividend of $0.75 per share on July 20, 2023 for the quarter ended June 30, 2023, or $3.00 per share on an annualized basis.
117 million shares have elected to reinvest the second quarter dividend into newly issued shares of Class A common stock.

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Driven Brands Holdings Inc. (DRVN)

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Monday, August 7, 2023

DRVN, Kirby, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Car wash, News, Private investigator

NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Driven Brands Holdings Inc. (“Driven” or the “Company”) (NASDAQ: DRVN ).

Key Points:

NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Driven Brands Holdings Inc. (“Driven” or the “Company”) (NASDAQ: DRVN ).
The investigation concerns whether Driven and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
Additional information about the firm can be found at Kirby McInerney LLP’s website: http://www.kmllp.com .

Banzai and 7GC & Co. Holdings Inc. Announce Amendment to Business Combination Agreement

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Monday, August 7, 2023

Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Companies (1st Amendment) Act, 2015, Business, Business analyst, VII, Acquisition, SAN, Amendment, Security (finance), Hyro the Hero

SEATTLE and SAN FRANCISCO, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Banzai International, Inc. (“Banzai” or the “Company”), a leading marketing technology company that provides data-driven marketing and sales solutions, and 7GC & Co. Holdings Inc. (NASDAQ: VII) (“VII” or “7GC”), a publicly-traded special purpose acquisition company, announced today that they have entered into an amendment (the "Amendment") to their previously disclosed definitive business combination agreement dated December 8, 2022 (the "Business Combination").

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SEATTLE and SAN FRANCISCO, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Banzai International, Inc. (“Banzai” or the “Company”), a leading marketing technology company that provides data-driven marketing and sales solutions, and 7GC & Co. Holdings Inc. (NASDAQ: VII) (“VII” or “7GC”), a publicly-traded special purpose acquisition company, announced today that they have entered into an amendment (the "Amendment") to their previously disclosed definitive business combination agreement dated December 8, 2022 (the "Business Combination").
Banzai had previously agreed to acquire Hyros in a merger that was intended to close immediately prior to the closing of the Business Combination.
In connection with the Amendment, 7GC & Co. Holdings LLC (the “Sponsor”) agreed, contingent upon closing of the of the Business Combination, to forfeit all 7,350,000 of its private placement warrants acquired in connection with the 7GC initial public offering.
At the closing of the Business Combination, such forfeited private placement warrants will be transferred by the Sponsor to 7GC and cancelled in exchange for no consideration.

EAT & BEYOND COMPLETES THE ACQUISITION OF 50% OF GOLDBLOOM ENTERPRISES INC.

Retrieved on:

Thursday, August 3, 2023

Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., NOT, CSE, FOR, FSE, Warrant, Acquisition, Eating, Transaction, News, Security (finance), Goldbloom

VANCOUVER, BC, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eat & Beyond” or the “Company”), an investment issuer focused on the global plant-based and alternative protein sector, is pleased to announce, further to its news release of June 21, 2023, that the Company has completed the acquisition of 50% of the issued and outstanding shares and 100% of the outstanding warrants in the capital of Goldbloom Enterprises Inc. (“Goldbloom”) pursuant to the terms and conditions of a securities exchange agreement dated June 20, 2023 and as amended on July 28, 2023 (the “Definitive Agreement”) among the Company, Goldbloom and the shareholders and warrant holders of Goldbloom, in exchange for securities of Eat & Beyond (the “Transaction”).

Key Points:

Pursuant to the terms of the Definitive Agreement and in consideration for 50% of the issued and shares and 100% warrants in the capital of Goldbloom, Eat & Beyond has issued an aggregate of 6,000,000 common shares of Eat & Beyond (the “Payment Shares”) to Goldbloom shareholders at a deemed price of $0.10 per Payment Share and issued 6,000,000 common share purchase warrants (“Replacement Warrants”).
Each Replacement Warrant permits the holder thereof to acquire one common share in the capital of Eat & Beyond (a “Share”) at $0.10 per Share on or before November 22, 2024, the same expiry date of the original warrant of Goldbloom surrendered for cancellation.
There is no hold period for the Payment Shares or the Replacement Warrants pursuant to applicable securities laws.
The Transaction is an arms-length transaction and there is no change in management or the Board of Directors of Eat & Beyond.

Allison Transmission Declares Quarterly Dividend

Retrieved on:

Thursday, August 3, 2023

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the third quarter of 2023.

Key Points:

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the third quarter of 2023.
Payment will be made on August 31, 2023, to stockholders of record at the close of business on August 14, 2023.
The payment of any future dividends will be at the discretion of the Board of Directors and will be dependent upon Allison Transmission’s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board of Directors.

Investigation of Driven Brands Holdings Inc. (DRVN) Announced by Holzer & Holzer, LLC

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Wednesday, August 2, 2023

DRVN, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Car wash, Fraud, News, ISS, Cryptocurrency

ATLANTA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Driven Brands Holdings Inc. (“Driven” or “the Company”) (NASDAQ: DRVN) complied with federal securities laws.

Key Points:

ATLANTA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Driven Brands Holdings Inc. (“Driven” or “the Company”) (NASDAQ: DRVN) complied with federal securities laws.
If you purchased Driven stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq.
Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.
Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.

SAFE SUPPLY AND ORIGIN THERAPEUTICS ANNOUNCE SIGNING OF DEFINITIVE AGREEMENT

Retrieved on:

Wednesday, August 2, 2023

Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., CSE, Canadian Securities Exchange, Canada Business Corporations Act, ORIG, CBCA, Cost-exchange ratio, Transaction, Name, Consolidation, Issuer, NEWS, Security (finance)

VANCOUVER, BC, CANADA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Safe Supply Streaming Co. Ltd. (“Safe Supply”) and Origin Therapeutics Holdings Inc. (“Origin”) (CSE: ORIG) are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023, which is expected to result in the listing of the shares (the “Resulting Issuer Shares”) of the issuer that will exist upon completion of the Transaction (the “Resulting Issuer”) on the Canadian Securities Exchange (the “CSE”).

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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
VANCOUVER, BC, CANADA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Safe Supply Streaming Co. Ltd. (“Safe Supply”) and Origin Therapeutics Holdings Inc. (“Origin”) (CSE: ORIG) are pleased to announce that they have entered into a definitive agreement (the "Definitive Agreement") to carry out the business combination transaction (the "Transaction") previously announced by Origin on January 31, 2023, which is expected to result in the listing of the shares (the “Resulting Issuer Shares”) of the issuer that will exist upon completion of the Transaction (the “Resulting Issuer”) on the Canadian Securities Exchange (the “CSE”).
The Definitive Agreement was executed among Safe Supply, Origin and the Origin Subco Limited, a wholly-owned subsidiary of Origin incorporated under the Canada Business Corporations Act (the "CBCA").
The Definitive Agreement provides for, among other things, the triangular amalgamation pursuant to which: (i) Safe Supply will amalgamate with Origin Subco Limited under the CBCA to form one corporation ("Amalco"); and (ii) the securityholders of Safe Supply will receive Resulting Issuer Shares in exchange for securities of Safe Supply on a one-for-one basis (the "Exchange Ratio"), subject to adjustment for a Consolidation (as defined below), all in the manner contemplated by, and pursuant to, the terms and conditions of the Definitive Agreement.

Origin Therapeutics Announces Closing of Safe Supply Subscription Receipt Financing

Retrieved on:

Wednesday, August 2, 2023

Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Indian stock exchange, CSE, Canadian Securities Exchange, Sale, Agent, Offering, Business broker, Security (finance)

Vancouver, British Columbia, Canada, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Origin Therapeutics Holdings Inc. (“Origin” or the “Company”) is pleased to announce the closing of a private placement offering (the “Offering”) of 5,965,000 subscription receipts (“Subscription Receipts”) of Safe Supply Streaming Co. Ltd. (“Safe Supply”) at a price of $0.40 per Subscription Receipt for aggregate gross proceeds of approximately $2,386,000.

Key Points:

Vancouver, British Columbia, Canada, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Origin Therapeutics Holdings Inc. (“Origin” or the “Company”) is pleased to announce the closing of a private placement offering (the “Offering”) of 5,965,000 subscription receipts (“Subscription Receipts”) of Safe Supply Streaming Co. Ltd. (“Safe Supply”) at a price of $0.40 per Subscription Receipt for aggregate gross proceeds of approximately $2,386,000.
Safe Supply may increase the size of the Offering, provided that the total Subscription Receipts issued under the Offering does not exceed 10,000,000, and the aggregate gross proceeds raised under the offering does not exceed $4,000,000.
Upon the satisfaction of certain escrow release conditions (the “Escrow Release Conditions”), each Subscription Receipt shall be automatically converted, without any further action by the holder of such Subscription Receipt (and for no additional consideration), and subject to adjustment in certain circumstances, for one common share in the capital of Safe Supply (each, an “Underlying Share”).
The gross proceeds of the Offering, net of the Agents' expenses incurred as of the closing (the "Escrowed Funds"), are being held in escrow pursuant to the terms of a subscription receipt agreement dated August 1, 2023 between Safe Supply, Origin, the Agent and Olympia Trust Company, as registrar and transfer agent for the Subscription Receipts and as escrow agent for the Escrowed Funds (the "Subscription Receipt Agreement").