Ocwen Financial Accelerates Growth Trajectory With Strategic Relationship With Oaktree and New Servicing Contracts

Written by Customer Service on December 22, 2020. Posted in Public Companies.

Enters into definitive agreement with Oaktree to launch MSR investment vehicle; expected to add approximately $50 to $60 billion of subservicingOaktree may purchase up to 7.9% of newly issued Ocwen stock at closingAwarded new contracts projected to add $30 to $40 billion in servicingWEST PALM BEACH, Fla., Dec. 22, 2020 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced significant developments on the Company’s growth plans that are expected to generate approximately $80 to $100 billion of new servicing UPB in the aggregate.Ocwen has entered into a definitive agreement with funds managed by Oaktree Capital Management, L.P. (collectively, “Oaktree”) to form a strategic relationship that will acquire and hold mortgage servicing...

Haymaker Acquisition Corp. II, ARKO Holdings Ltd. and GPM Investments, LLC Close Business Combination under New Company ARKO Corp.

Written by Customer Service on December 22, 2020. Posted in Public Companies.

NEW YORK, Dec. 22, 2020 (GLOBE NEWSWIRE) — Haymaker Acquisition Corp. II (NASDAQ: HYAC) (“Haymaker”), a publicly traded special purpose acquisition company and ARKO Holdings Ltd. (“Arko Holdings”), an Israeli public holding company (TASE: AKHO) whose primary asset is a controlling stake in GPM Investments, LLC (“GPM”), a rapidly growing leader in the U.S. convenience store industry, announced today that they have satisfied all closing conditions and completed their previously announced business combination. Under the terms of the business combination agreement, Haymaker and Arko Holdings combined under a new company, ARKO Corp. (“ARKO”). Shares of ARKO common stock and ARKO warrants are expected to trade on the Nasdaq Stock Market under the symbols “ARKO” and “ARKOW,” respectively, beginning on December 23, 2020. The business combination...

Freddie Mac Issues Monthly Volume Summary for November 2020

Written by Customer Service on December 22, 2020. Posted in Public Companies.

MCLEAN, Va., Dec. 22, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for November 2020, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.comINVESTOR...

Clearway Enterprise Announces Agreements for 1.6 GW Portfolio of Renewable Energy Assets

Written by Customer Service on December 22, 2020. Posted in Public Companies.

PRINCETON, N.J. and SAN FRANCISCO, Dec. 22, 2020 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“CWEN”, “Company”) and its renewable development partner and parent company, Clearway Energy Group LLC (“CEG”), today announced agreements providing for CWEN’s co-investment in a 1,204 MW portfolio of renewable energy projects developed by CEG consisting of i) 1,012 MW from five geographically diversified wind, solar, and solar plus storage assets under development and ii) the 192 MW Rosamond Central solar project which is expected to commence operations by the end of the year. Additionally, the parties amended the existing partnership agreement for the 419 MW Mesquite Star wind project providing CWEN an additional 27.51% of the project’s cash flows after the first half of 2031.Approximately 90% of the generation from...

StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of November 2020

Written by Customer Service on December 22, 2020. Posted in Public Companies.

DENVER, Dec. 22, 2020 (GLOBE NEWSWIRE) — StoneCastle Financial Corp., (NASDAQ:BANX) (“StoneCastle Financial” or the “Company”), today announced that the Company’s unaudited estimated Net Asset Value (“NAV”) as of November 30, 2020 was $21.57. The NAV was up $0.55 or approximately 3% as compared to the prior month-end.This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended November 30, 2020. We advise you that our NAV per share for the fourth quarter ending December 31, 2020 may differ materially from this NAV, which is given only as of November 30, 2020.About StoneCastle Financial Corp.StoneCastle Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective...

Translate Bio Announces Departure of Chief Financial Officer

Written by Customer Service on December 22, 2020. Posted in Public Companies.

LEXINGTON, Mass., Dec. 22, 2020 (GLOBE NEWSWIRE) — Translate Bio (Nasdaq: TBIO), a clinical-stage messenger RNA (mRNA) therapeutics company developing a new class of potentially transformative medicines to treat or prevent debilitating or life-threatening diseases, announced today that John Schroer, the Company’s Chief Financial Officer (CFO), is departing the Company for personal reasons. Mr. Schroer’s departure will be effective by year-end 2020. Robert Prentiss, Translate Bio’s Vice President and Corporate Controller since 2017, will serve as Principal Accounting Officer and report directly to the Company’s Chief Executive Officer, Ronald Renaud, on an interim basis while a formal search process to appoint a new CFO is conducted.“John has played a valuable role on the leadership team as we transitioned to a public company,...

Voyager Therapeutics Provides Update on NBIb-1817 (VY-AADC) Gene Therapy Program

Written by Customer Service on December 22, 2020. Posted in Public Companies.

CAMBRIDGE, Mass., Dec. 22, 2020 (GLOBE NEWSWIRE) — Voyager Therapeutics, Inc. (Nasdaq: VYGR) today announced that the U.S. Food and Drug Administration (FDA) has notified Neurocrine Biosciences (Nasdaq: NBIX) that it has placed a clinical hold on the RESTORE-1 clinical trial of NBIb-1817 (VY-AADC). As previously announced, trial sites participating in RESTORE-1 had not been screening, enrolling or dosing patients as a result of the COVID-19 pandemic and more recently, as a result of the independent Data Safety Monitoring Board (DSMB)’s request to pause dosing pending its review of additional data. The DSMB has requested additional patient level data from the trial and now plans to review these data in early 2021. The clinical hold follows the submission by Neurocrine Biosciences of an IND Safety Report related to the observation...

South Mountain Merger Corp. Announces Meeting Date for Special Meeting of Stockholders Relating to Previously Announced Business Combination with Billtrust

Written by Customer Service on December 22, 2020. Posted in Mergers And Acquisitions.

NEW YORK, Dec. 22, 2020 (GLOBE NEWSWIRE) — South Mountain Merger Corp. (Nasdaq: SMMC) (“South Mountain”), a publicly traded special purpose acquisition company, today announced that it has set January 12, 2021 as the meeting date for the special meeting of stockholders (the “Special Meeting”) to consider matters related to the proposed business combination (the “Business Combination”) with Factor Systems, Inc. (d/b/a Billtrust) (“Billtrust”).At the Special Meeting, South Mountain’s stockholders will be asked to approve and adopt the previously announced Business Combination Agreement (as amended on December 13, 2020, the “BCA”) and other such proposals as disclosed in the proxy statement/consent solicitation statement/prospectus relating to the Business Combination. Holders of South Mountain’s shares of Class A Common...

Prosper Gold Corp. Closes $5.5M Private Placement

Written by Customer Service on December 22, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 22, 2020 (GLOBE NEWSWIRE) — Prosper Gold Corp. (“Prosper Gold” or the “Company“) (TSXV:PGX) announces that it has completed a non-brokered private placement of 6,111,111 units of the Company (the “Units”) at a price of $0.90 per Unit for gross proceeds to the Company of $5,499,999.90 (the “Offering”).“Prosper Gold now has over seven-and-a-half million dollars in the treasury with less than twenty million shares issued,” commented Peter Bernier, CEO. “The recently announced till sampling results at the Golden Corridor generated significant interest from a number of quality investor groups including Sprott Global Resource Investment Ltd., Crescat Capital, and Plethora Precious Metals Fund who share our enthusiasm for the Golden Sidewalk Project. The Company is extremely excited...

Chicken Soup for the Soul Entertainment Announces the Closing of $9,387,750 Principal Amount of Notes Due 2025

Written by Customer Service on December 22, 2020. Posted in Public Companies.

COS COB, Conn., Dec. 22, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) (the “Company”), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced the closing of its underwritten public offering of an aggregate principal amount of $9,387,750 principal amount of 9.5% Notes due 2025 (“Notes”). The Notes trade on Nasdaq under the symbol “CSSEN”. The Notes will not be convertible into or exchangeable for any of the Company’s other securities.Interest payments will be made quarterly in arrears on March 31, June 30, September 30, and December 31 each year, beginning March 31, 2021. The Company may redeem the Notes, in whole or in part, at any time on or after July 31, 2022 or upon a change of control at the redemption price of par plus accrued...

Day: December 22, 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice