Equiniti

Metro Bank Holdings PLC: Publication of Annual Report and Accounts and Notice of 2024 Annual General Meeting

Retrieved on: 
星期五, 五月 3, 2024

This is the first Annual Report and Accounts for the Group since the insertion of a holding company in May 2023.

Key Points: 
  • This is the first Annual Report and Accounts for the Group since the insertion of a holding company in May 2023.
  • The Annual Report and Accounts for Metro Bank PLC will be published later in April 2024.
  • The AGM will be held at First Floor, One Southampton Row, London WC1B 5HA on Tuesday, 21 May 2024 at 09:00am.
  • 2023 Annual Report and Accounts; and
    Notice of Annual General Meeting to be held on 21 May 2024.

Cidara Therapeutics Announces Reverse Stock Split

Retrieved on: 
星期一, 四月 22, 2024

The reverse stock split reduces the number of shares of common stock issuable upon the conversion of the Company’s outstanding shares of preferred stock and the exercise or vesting of its outstanding stock options, restricted stock units and warrants in proportion to the ratio of the reverse stock split and causes a proportionate increase in the conversion and exercise prices of such preferred stock, stock options and warrants.

Key Points: 
  • The reverse stock split reduces the number of shares of common stock issuable upon the conversion of the Company’s outstanding shares of preferred stock and the exercise or vesting of its outstanding stock options, restricted stock units and warrants in proportion to the ratio of the reverse stock split and causes a proportionate increase in the conversion and exercise prices of such preferred stock, stock options and warrants.
  • No fractional shares of common stock will be issued as a result of the reverse stock split.
  • The reverse stock split impacts all holders of the Company’s common stock proportionally and will not impact any stockholder’s percentage ownership of the Company common stock (except to the extent the reverse stock split results in any stockholder owing only a fractional share).
  • Stockholders owning shares via a bank, broker or other nominee will have their positions automatically adjusted to reflect the reverse stock split and will not be required to take further action in connection with the reverse stock split, subject to brokers’ particular processes.

Pineapple Energy Announced CVR Agreement extended to December 31, 2024

Retrieved on: 
星期五, 三月 29, 2024

MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced CVR agreement extended to December 31, 2024.

Key Points: 
  • MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced CVR agreement extended to December 31, 2024.
  • The CVRs were distributed, pursuant to a Contingent Value Rights Agreement (“CVR Agreement”) between Pineapple Energy, the CVR Holders’ Representative, and Equiniti Trust Company.
  • At the time of the merger, it was contemplated that the disposition of CSI’s pre-merger assets would be completed within two years following the merger and the CVR Agreement was scheduled to expire on March 28, 2024.
  • As a result, Pineapple Energy, Equiniti and the CVR Holders’ Representative have agreed to extend the term of the CVR Agreement to December 31, 2024.

Agenus Announces Reverse Stock Split of Common Stock

Retrieved on: 
星期五, 四月 5, 2024

The reverse stock split is intended to give Agenus greater flexibility in its future financing needs and to increase the per share trading price of Agenus’ common stock to satisfy the minimum price requirement for continued listing on the Nasdaq Capital Markets and to qualify for inclusion in the Russell Indices.

Key Points: 
  • The reverse stock split is intended to give Agenus greater flexibility in its future financing needs and to increase the per share trading price of Agenus’ common stock to satisfy the minimum price requirement for continued listing on the Nasdaq Capital Markets and to qualify for inclusion in the Russell Indices.
  • The reverse stock split affects all issued and outstanding shares of Agenus’ common stock.
  • The par value of the Agenus’ common stock will remain unchanged at $0.01 per share after the reverse stock split.
  • The reverse stock split affects all stockholders uniformly and will not alter any stockholder’s percentage interest in Agenus’ equity, except to the extent that the reverse stock split results in some stockholders receiving cash in lieu of any fractional shares as described below.

Endava Announces Second Quarter Fiscal Year 2024 Results

Retrieved on: 
星期四, 二月 29, 2024

Endava plc (NYSE: DAVA) ("Endava" or the "Company"), a leading technology services company combining world-class engineering, industry expertise and a people-centric mindset, today announced results for the three months ended December 31, 2023, the second quarter of its 2024 fiscal year ("Q2 FY2024").

Key Points: 
  • Endava plc (NYSE: DAVA) ("Endava" or the "Company"), a leading technology services company combining world-class engineering, industry expertise and a people-centric mindset, today announced results for the three months ended December 31, 2023, the second quarter of its 2024 fiscal year ("Q2 FY2024").
  • SECOND QUARTER FISCAL YEAR 2024 FINANCIAL HIGHLIGHTS:
    Revenue for Q2 FY2024 was £183.6 million, a decrease of 10.6% compared to £205.2 million in the same period in the prior year.
  • This above guidance for the third quarter and full fiscal year 2024 assumes the exchange rates on January 31, 2024 (when the exchange rate was 1 British Pound to 1.27 US Dollar and 1.17 Euro).
  • The Company will host a conference call at 8:00 am ET today, February 29, 2024, to review its Q2 FY2024 results.

QIAGEN announces details for completion of synthetic share repurchase of up to approximately $300 million

Retrieved on: 
星期四, 一月 18, 2024

Venlo, the Netherlands, Jan. 18, 2024 (GLOBE NEWSWIRE) -- QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) today announced details for completion of the synthetic share repurchase plan to return up to approximately $300 million that combines a direct capital repayment to QIAGEN shareholders with a reverse stock split.

Key Points: 
  • Venlo, the Netherlands, Jan. 18, 2024 (GLOBE NEWSWIRE) -- QIAGEN N.V. (NYSE: QGEN; Frankfurt Prime Standard: QIA) today announced details for completion of the synthetic share repurchase plan to return up to approximately $300 million that combines a direct capital repayment to QIAGEN shareholders with a reverse stock split.
  • The terms of the synthetic share repurchase are as follows:
    Every 25 issued QIAGEN shares will be consolidated into 24.25 QIAGEN shares, leading to a reduction of approximately 6.9 million shares from the level of 230.8 million shares at the end of 2023.
  • Following the implementation of the consolidation, QIAGEN will repay capital to shareholders of record in the amount of $1.28 per pre-split share.
  • (As the par-value of QIAGEN shares is denominated in euros, the amount of the capital decrease and repayment in the respective notarial deeds will also be denominated in euros.

Avalo Therapeutics Announces 1-for-240 Reverse Stock Split

Retrieved on: 
星期三, 十二月 27, 2023

The reverse stock split will affect all stockholders uniformly and will not alter any stockholder’s percentage ownership interest in the Company, except to the extent that the reverse stock split results in any of the Company’s stockholders owning a fractional share as described below.

Key Points: 
  • The reverse stock split will affect all stockholders uniformly and will not alter any stockholder’s percentage ownership interest in the Company, except to the extent that the reverse stock split results in any of the Company’s stockholders owning a fractional share as described below.
  • The reverse stock split will reduce the number of shares of common stock issued and outstanding from approximately 192,386,419 to approximately 801,611.
  • As of the effective date of the reverse stock split, the number of shares of common stock available for issuance under the Company’s equity incentive plans and issuable upon the exercise of stock options and warrants outstanding immediately prior to the reverse stock split will be proportionately affected by the reverse stock split.
  • Equiniti, LLC (“EQ”) is acting as the exchange agent for the reverse stock split and will provide instructions to stockholders of record regarding the reverse stock split.

American Battery Materials Issues Clarification on Status of Reverse Stock Split

Retrieved on: 
星期三, 十一月 15, 2023

As announced yesterday by FINRA on its Daily List, FINRA completed its review and the reverse stock split was to become effective on the OTC Marketplace at 8:00 AM Eastern time on November 15, 2023.

Key Points: 
  • As announced yesterday by FINRA on its Daily List, FINRA completed its review and the reverse stock split was to become effective on the OTC Marketplace at 8:00 AM Eastern time on November 15, 2023.
  • As such, the reverse stock split has been rescinded pending resolution of the engagement of Equiniti.
  • The Company expects to have the reverse stock split go forward as soon as possible.
  • The combined company is expected to be renamed “American Battery Materials Holdings”, and its common stock and warrants are expected to be listed on the Nasdaq Global Market (“Nasdaq”).

Gouverneur Bancorp, Inc. Announces Closing of Second-Step Conversion and Offering

Retrieved on: 
星期二, 十月 31, 2023

As part of the conversion transaction, each outstanding share of Gouverneur Bancorp common stock owned by the public stockholders of Gouverneur Bancorp (stockholders other than Cambray Mutual Holding Company) as of the closing date was converted into shares of Gouverneur Bancorp, Inc. common stock based on an exchange ratio of 0.5334 shares of Gouverneur Bancorp, Inc. common stock for each share of Gouverneur Bancorp common stock.

Key Points: 
  • As part of the conversion transaction, each outstanding share of Gouverneur Bancorp common stock owned by the public stockholders of Gouverneur Bancorp (stockholders other than Cambray Mutual Holding Company) as of the closing date was converted into shares of Gouverneur Bancorp, Inc. common stock based on an exchange ratio of 0.5334 shares of Gouverneur Bancorp, Inc. common stock for each share of Gouverneur Bancorp common stock.
  • Upon the completion of the conversion and stock offering, Gouverneur Bancorp, Inc. has approximately 1,107,178 shares of common stock outstanding before adjustment for fractional shares.
  • Kilpatrick Townsend & Stockton LLP has acted as legal counsel to Gouverneur Bancorp, Inc. and Gouverneur Bancorp.
  • Keefe, Bruyette & Woods, Inc., a Stifel Company, acted as marketing agent for Gouverneur Bancorp, Inc. in the subscription offering and the community offering and as sole manager in the syndicated community offering.

Gouverneur Bancorp, Inc. Announces Expected Closing Date of Second-Step Conversion

Retrieved on: 
星期五, 十月 27, 2023

Gouverneur Bancorp, Inc.’s common stock is expected to begin trading on the OTCQB Marketplace under the trading symbol “GOVB” on November 1, 2023.

Key Points: 
  • Gouverneur Bancorp, Inc.’s common stock is expected to begin trading on the OTCQB Marketplace under the trading symbol “GOVB” on November 1, 2023.
  • As part of the conversion transaction, each outstanding share of Gouverneur Bancorp common stock owned by the public stockholders of Gouverneur Bancorp (stockholders other than Cambray Mutual Holding Company) as of the closing date will be converted into shares of Gouverneur Bancorp, Inc. common stock so that Gouverneur Bancorp’s existing public stockholders will own approximately the same percentage of Gouverneur Bancorp, Inc.’s common stock as they owned of Gouverneur Bancorp’s common stock immediately prior to the conversion, subject to adjustment as disclosed in the prospectus.
  • As a result, public stockholders of Gouverneur Bancorp will receive 0.5334 shares of Gouverneur Bancorp, Inc. common stock for each share of Gouverneur Bancorp common stock they own immediately prior to the completion of the transaction.
  • Upon the completion of the conversion and stock offering, approximately 1,107,178 shares of Gouverneur Bancorp, Inc. common stock are expected to be outstanding before adjustment for fractional shares.