UBS

EQS-News: Final offer price for DOUGLAS AG shares set at 26.00 euro per share

Retrieved on: 
星期三, 四月 10, 2024

CVC Capital Partners and the Kreke family remain main indirect shareholders after the IPO and do not sell any shares at the IPO.

Key Points: 
  • CVC Capital Partners and the Kreke family remain main indirect shareholders after the IPO and do not sell any shares at the IPO.
  • The total offer size amounts to around 890 million euro with gross proceeds for DOUGLAS AG of around 850 million euro, which corresponds to a market capitalization of DOUGLAS AG of around 2.8 billion euro.
  • Sander van der Laan, CEO DOUGLAS Group, said: “The significant investor interest in the DOUGLAS Group underlines the exceptional work our team has accomplished in recent months.
  • The shares of DOUGLAS AG are expected to be trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange from March 21, 2024, on.

Angi Appoints Jeff Kip as CEO

Retrieved on: 
星期一, 四月 8, 2024

DENVER, April 08, 2024 (GLOBE NEWSWIRE) -- Angi (NASDAQ: ANGI), the leading and most comprehensive solution for all home care needs, today announced the appointment of Angi President and long-time IAC and Angi executive Jeff Kip to CEO, succeeding Joey Levin.

Key Points: 
  • DENVER, April 08, 2024 (GLOBE NEWSWIRE) -- Angi (NASDAQ: ANGI), the leading and most comprehensive solution for all home care needs, today announced the appointment of Angi President and long-time IAC and Angi executive Jeff Kip to CEO, succeeding Joey Levin.
  • As CEO, Mr. Kip will lead Angi’s executive team, overseeing strategy and daily management of the company.
  • “Through multiple roles, Jeff Kip has been a student of the Angi business, first as CFO of IAC, then serving as CEO of Angi’s International business for nearly eight years and most recently as President of Angi,” said Joey Levin, CEO of IAC and Chairman of Angi.
  • “It is an honor to be asked to serve in this role for Angi during this next phase,” said Jeff Kip, CEO of Angi.

Ibotta Announces Launch of Initial Public Offering

Retrieved on: 
星期一, 四月 8, 2024

Ibotta will not receive any proceeds from the sale of shares by the selling stockholders.

Key Points: 
  • Ibotta will not receive any proceeds from the sale of shares by the selling stockholders.
  • In addition, the underwriters will have a 30-day option to purchase up to an additional 843,750 shares of Class A common stock from the selling stockholders at the initial public offering price, less underwriting discounts and commissions.
  • The initial public offering price is estimated to be between $76.00 and $84.00 per share.
  • Citizens JMP, Needham & Company and Raymond James will act as co-managers for the proposed offering.

ContextLogic Announces Post-Closing Board of Directors and Management Team

Retrieved on: 
星期二, 四月 2, 2024

SAN FRANCISCO, April 02, 2024 (GLOBE NEWSWIRE) --  ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced that it will reconstitute its Board of Directors and management team upon completion of its pending transaction under which it will sell substantially all of its operating assets and liabilities, principally comprising its Wish ecommerce platform (the “Asset Sale”), to Qoo10 Pte. Ltd. (“Qoo10”). The transaction is expected to be completed in the second quarter of 2024.

Key Points: 
  • Upon closing, the reconstituted Board will comprise five directors, four of whom will be independent and newly appointed.
  • Rishi Bajaj, Founder, President and Chief Investment Officer at Altai Capital Management and current director at ContextLogic.
  • Bajaj joined the ContextLogic Board in November 2023 and played an active strategic role in structuring the Asset Sale.
  • At the same time, ContextLogic directors Tanzeen Syed, Julie Bradley, Larry Kutscher, Stephanie Tilenius, Hans Tung and Joe Yan will step down from the Board.

APA Corporation Appoints Matthew Bob and Anya Weaving to Board of Directors

Retrieved on: 
星期一, 四月 1, 2024

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the appointment of Matthew Bob and Anya Weaving to its board of directors.

Key Points: 
  • HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the appointment of Matthew Bob and Anya Weaving to its board of directors.
  • “We are very pleased to welcome Matthew and Anya to the APA board,” said Lamar McKay, APA’s nonexecutive board chair.
  • “Matthew brings extensive executive and operational experience with U.S. onshore oil and gas companies in addition to his technical expertise.
  • His knowledge of Callon will provide the board with valuable insight and guidance on the newly acquired company assets.

Spring Investments SA Appoints Jackie Ineke as New Chief Investment Officer

Retrieved on: 
星期一, 四月 8, 2024

Spring Investments SA, a Swiss boutique fixed-income portfolio management company, proudly announces the appointment of Ms. Jackie Ineke as the firm’s Chief Investment Officer.

Key Points: 
  • Spring Investments SA, a Swiss boutique fixed-income portfolio management company, proudly announces the appointment of Ms. Jackie Ineke as the firm’s Chief Investment Officer.
  • Echoing this sentiment, Mr. Snir Gliksman, CEO of Spring Investments SA, emphasized, "In today's investment environment, there is a growing demand for fixed-income solutions among institutional and professional investors.
  • Expressing her enthusiasm, Ms. Ineke remarked, "I am delighted to take up this unique opportunity at Spring Investments.
  • Spring Investments SA is a licensed portfolio management firm regulated by the Swiss Financial Market Supervisory Authority FINMA.

Adcentrx Therapeutics Appoints Meng Jiang as Chief Financial Officer

Retrieved on: 
星期二, 四月 9, 2024

SAN DIEGO and SHANGHAI, April 8, 2024 /PRNewswire/ -- Adcentrx Therapeutics ("Adcentrx"), a biotechnology company revolutionizing Antibody-Drug Conjugate (ADC) therapeutics for cancer and other life-threatening diseases, announced today the appointment of Meng Jiang as Chief Financial Officer (CFO).

Key Points: 
  • SAN DIEGO and SHANGHAI, April 8, 2024 /PRNewswire/ -- Adcentrx Therapeutics ("Adcentrx"), a biotechnology company revolutionizing Antibody-Drug Conjugate (ADC) therapeutics for cancer and other life-threatening diseases, announced today the appointment of Meng Jiang as Chief Financial Officer (CFO).
  • Ms. Jiang joins Adcentrx from CBC Group where she was Senior Managing Director and Management Committee Member.
  • "We are delighted to welcome Meng to Adcentrx's executive leadership team," said Hui Li, Ph.D., Founder and CEO of Adcentrx.
  • "We are glad to see Meng's continued contributions to Adcentrx as Chief Financial Officer," said Fu Wei, Chief Executive Officer at CBC Group.

At the Yacht Club de Monaco yachts become ‘smarter’

Retrieved on: 
星期一, 三月 25, 2024

MONACO, March 25, 2024 (GLOBE NEWSWIRE) -- Yacht Club de Monaco are promoting sustainable solutions for the luxury yachting sector.

Key Points: 
  • MONACO, March 25, 2024 (GLOBE NEWSWIRE) -- Yacht Club de Monaco are promoting sustainable solutions for the luxury yachting sector.
  • It is the aim of the Monaco Smart Yacht Rendezvous supported by Ubs, Sindalah, the shipyards MB92 Group and Wider Yachts.
  • Among 350 participants, 5 finalists in startup and scaleup categories were selected by a jury of experts for the Smart Innovative Yacht Awards.
  • Organised in collaboration with the Prince Albert II of Monaco Foundation, the event gathered innovation experts, architects and yachting enthusiasts from all over the world.

Ibotta Files Registration Statement for Proposed Initial Public Offering

Retrieved on: 
星期五, 三月 22, 2024

DENVER, March 22, 2024 (GLOBE NEWSWIRE) -- Ibotta, a leading technology company providing digital promotions and performance marketing solutions, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.

Key Points: 
  • DENVER, March 22, 2024 (GLOBE NEWSWIRE) -- Ibotta, a leading technology company providing digital promotions and performance marketing solutions, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Ibotta intends to list its Class A common stock on the New York Stock Exchange under the symbol "IBTA."
  • Citizens JMP, Needham & Company and Raymond James will act as co-managers for the proposed offering.

Global Net Lease Appoints Robert Kauffman, Fortress Co-Founder, to Board of Directors

Retrieved on: 
星期四, 三月 21, 2024

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced the appointment of Robert Kauffman to its Board of Directors, effective immediately.

Key Points: 
  • NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced the appointment of Robert Kauffman to its Board of Directors, effective immediately.
  • Mr. Kauffman is a co-founder of Fortress Investment Group LLC where he was a principal and member of the Board of Directors from its founding in 1998 until 2012.
  • He is currently a successful private investor and entrepreneur active in the financial, real estate, automotive and technology-oriented sectors.
  • “We are thrilled to welcome Rob to our Board of Directors,” stated Sue Perrotty, Non-Executive Chairperson of GNL’s Board of Directors.