Risk

INVESTOR ALERT: MINISO Group Holding Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - MNSO

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Thursday, August 18, 2022 - 1:08am

), the MINISO class action lawsuit charges MINISO, certain of its top executives and directors, its representative in the United States, as well as the IPOs underwriters with violations of the Securities Act of 1933.

Key Points: 
  • ), the MINISO class action lawsuit charges MINISO, certain of its top executives and directors, its representative in the United States, as well as the IPOs underwriters with violations of the Securities Act of 1933.
  • A lead plaintiff acts on behalf of all other class members in directing the MINISO class action lawsuit.
  • The lead plaintiff can select a law firm of its choice to litigate the MINISO class action lawsuit.
  • An investors ability to share in any potential future recovery of the MINISO class action lawsuit is not dependent upon serving as lead plaintiff.

HYZON MOTORS ANNOUNCES LEADERSHIP TRANSITION

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Thursday, August 18, 2022 - 1:56am

ROCHESTER, N.Y., Aug. 17, 2022 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) ("Hyzon" or "the Company"), a leading global supplier of zero-emission fuel cell electric heavy-duty vehicles, today announced the Company's Board of Directors has appointed Parker Meeks, most recently Hyzon's Chief Strategy Officer, as President and Interim Chief Executive Officer, effective immediately, replacing Craig Knight who is also departing from his role as a director of the Company. Mr. Meeks will assume full responsibility for day-to-day management of all business lines and functions reporting to the Company's Board of Directors (the "Board"). The Board plans to initiate a search to identify potential external and internal candidates to serve as the Company's next CEO.

Key Points: 
  • "Parker Meeks has the depth and breadth of experience in the energy, infrastructure, and transportation sectors to provide the leadership and operational expertise Hyzon needs at this critical juncture in the global energy transition.
  • "I am honored that the Board has entrusted me to lead Hyzon," said Parker Meeks.
  • Hyzon is an energy transition accelerator and technology innovator, providing end-to-end solutions in the transport sector with a focus on commercial vehicles and hydrogen supply infrastructure.
  • Hyzon gives no assurances that Hyzon will achieve its expectations.

Prime Healthcare Services Announces Early Tender Results of Its Previously Announced Cash Tender Offer for 7.250% Senior Secured Notes Maturing November 2025 and Extends Total Consideration Pricing to the Expiration Date

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Thursday, August 18, 2022 - 12:54am

However, there can be no assurance that the conditions set forth in the Offer to Purchase will be satisfied or waived.

Key Points: 
  • However, there can be no assurance that the conditions set forth in the Offer to Purchase will be satisfied or waived.
  • The Tender Offer is described in the Offer to Purchase, dated August 4, 2022 (as it may be amended or supplemented, the Offer to Purchase).
  • The Tender Offer is subject to the satisfaction or waiver of a number of conditions as set forth in the Offer to Purchase.
  • Fourteen of the Prime Healthcare hospitals are members of the Prime Healthcare Foundation, a 501(c)(3) not-for-profit public charity.

CI&T Acquires Transpire to Enhance its Growth in Australia and APAC

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Wednesday, August 17, 2022 - 11:59pm

CI&T (NYSE: CINT), a global digital specialist, announces today the execution of a sale and purchase agreement to acquire Transpire Technology Pty Ltd ("Transpire"), an award-winning Australian technology consultancy, to enhance its growth in APAC.

Key Points: 
  • CI&T (NYSE: CINT), a global digital specialist, announces today the execution of a sale and purchase agreement to acquire Transpire Technology Pty Ltd ("Transpire"), an award-winning Australian technology consultancy, to enhance its growth in APAC.
  • Since 2009, Transpire has been the trusted technology partner of some of Australias most innovative organisations, including Vodafone, Virgin Australia and ASX200 listed companies.
  • Headquartered in Melbourne, with team members across Australia, Transpire delivers digital experiences across several verticals, with a solid design-led, mobile-first, cloud-native approach.
  • In 2022, Transpire was certified a Great Place to Work, recognising its leading workplace culture in Australia.

Ryan Howard Joins iStar to Lead Southeast Region

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Wednesday, August 17, 2022 - 11:16pm

(NYSE: SAFE), the creator and leader of the modern ground lease industry, announced that Ryan Howard has joined iStar (NYSE: STAR), Safehold's external manager, as Senior Vice President, Investments focusing on the Southeast region.

Key Points: 
  • (NYSE: SAFE), the creator and leader of the modern ground lease industry, announced that Ryan Howard has joined iStar (NYSE: STAR), Safehold's external manager, as Senior Vice President, Investments focusing on the Southeast region.
  • We are committed to continue the growth of Safehold and the ground lease ecosystem across the country and Ryan is the ideal person to spearhead our efforts in the Southeast," said Tim Doherty, Head of Investments for Safehold.
  • Safehold's modern ground lease provides an accretive and efficient capitalization option for our clients," Mr. Howard added.
  • Mr. Howard joins iStar from Centennial Bank where he established the bank's Miami office and grew its Southeast commercial real estate loans business across all property types.

Midland States Bancorp, Inc. Announces Pricing of $115 Million Offering of Depositary Shares

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Wednesday, August 17, 2022 - 10:50pm

The Company has applied to list the depositary shares on The Nasdaq Global Select Market under the symbol MSBIP.

Key Points: 
  • The Company has applied to list the depositary shares on The Nasdaq Global Select Market under the symbol MSBIP.
  • The offering is subject to customary closing conditions and is expected to close on or about August 24, 2022.
  • Keefe, Bruyette & Woods, Inc., A Stifel Company, Raymond James & Associates, Inc. and Piper Sandler & Co. are acting as the joint book-running managers for the offering.
  • Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank.

SeaChange Elevates Chris Klimmer to President to Accelerate Streaming & AdTech SaaS Growth Strategy

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Wednesday, August 17, 2022 - 10:14pm

SeaChange posted 33% year-over-year revenue growth in our fiscal first quarter 2023, and is methodically moving towards sustainable and profitable growth, said SeaChanges Chairman and Chief Executive Officer, Peter Aquino.

Key Points: 
  • SeaChange posted 33% year-over-year revenue growth in our fiscal first quarter 2023, and is methodically moving towards sustainable and profitable growth, said SeaChanges Chairman and Chief Executive Officer, Peter Aquino.
  • Most importantly, with Chris leading the way, SeaChange is accelerating our focus into higher growth segments of our industry.
  • I am incredibly proud and grateful to get the increased opportunity to lead SeaChange into this new chapter, adds Mr. Klimmer.
  • SeaChange enjoys a rich heritage of nearly three decades of delivering premium video software solutions to its global customer base.

Voyager Announces Coinify Sale

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Wednesday, August 17, 2022 - 10:15pm

NEW YORK, Aug. 17, 2022 /PRNewswire/ - Voyager Digital Ltd. ("Voyager" or the "Company") (OTC Pink: VYGVQ) (FRA: UCD)today announced that European Holdings ApS, an indirect wholly-owned subsidiary of Voyager, agreed to sell all of its equity interests in Coinify ApS ("Coinify") to Ascension ApS, an entity owned by certain members of Coinify management, for US$2 million in cash.

Key Points: 
  • NEW YORK, Aug. 17, 2022 /PRNewswire/ - Voyager Digital Ltd. ("Voyager" or the "Company") (OTC Pink: VYGVQ) (FRA: UCD)today announced that European Holdings ApS, an indirect wholly-owned subsidiary of Voyager, agreed to sell all of its equity interests in Coinify ApS ("Coinify") to Ascension ApS, an entity owned by certain members of Coinify management, for US$2 million in cash.
  • An additional, conditional earn-out payment is stipulated in the event of a subsequent sale of Coinify by Ascension ApS within three years following the transaction, thus preserving potential upside for Voyager.
  • Voyager purchased Coinify in August 2021; on August 16, 2022, Coinify's sale was approved by the U.S. Bankruptcy Court for the Southern District of New York, which is overseeing Voyager's ongoing Chapter 11 restructuring process.
  • The sale of Coinify reduces overall headcount by 15% and eliminates Voyager's ongoing funding requirements for Coinify of up to US$500,000 per month.

Hut 8 Mining Launches At-The-Market Equity Program

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Wednesday, August 17, 2022 - 10:13pm

TORONTO, Aug. 17, 2022 /PRNewswire/ -- Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") is pleased to announce that it has entered into an equity distribution agreement dated August 17, 2022 (the "ATM Agreement") with Canaccord Genuity and Stifel (the "Agents"), pursuant to which the Company established an at-the-market equity program (the "ATM Program").

Key Points: 
  • TORONTO, Aug. 17, 2022 /PRNewswire/ -- Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") is pleased to announce that it has entered into an equity distribution agreement dated August 17, 2022 (the "ATM Agreement") with Canaccord Genuity and Stifel (the "Agents"), pursuant to which the Company established an at-the-market equity program (the "ATM Program").
  • No Common Shares will be offered or sold under the ATM Program on the Toronto Stock Exchange or any other marketplace in Canada.
  • The ATM Program may be terminated, with notice, by either party at any time.
  • The net proceeds of the ATM Program may also be used to repay indebtedness outstanding from time to time, discretionary capital programs, and potential acquisitions.

MEDICURE TO PRESENT FINANCIAL RESULTS ON AUGUST 25, 2022 CALL at 8:30 AM ET FOR QUARTER ENDED JUNE 30, 2022

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Wednesday, August 17, 2022 - 10:00pm

Management will accept and answer questions related to the financial results and operations during the question-and-answer period at the end of the conference call.

Key Points: 
  • Management will accept and answer questions related to the financial results and operations during the question-and-answer period at the end of the conference call.
  • A recording of the call will be available following the event at the Company's website.
  • Medicure is a pharmaceutical company focused on the development and commercialization of therapies for the U.S. cardiovascular market.
  • AGGRASTAT (tirofiban hydrochloride) injection, ZYPITAMAG (pitavastatin) tablets, and Marley Drug are registered trademarks of Medicure International Inc.