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Month: June 2022

Global Ship Lease Announces Pricing of $350 Million of Senior Secured Notes due 2027

LONDON, June 02, 2022 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company” or “GSL”) announced today that its indirect wholly-owned subsidiary, Knausen Holding LLC (the “Issuer”), priced on June 1, 2022, an offering of $350 million aggregate principal amount of its 5.69% Senior Secured Notes due 2027 (the “Notes”) in a private placement to a limited number of accredited investors. The interest rate on the Notes was determined based on the 3.2 year Interpolated US Treasury Yield (ICUR3.2) plus a spread of 2.85%. The Company intends to use the net proceeds from the private placement for the repayment of the remaining outstanding balance on its $236.2 million Senior Secured Loan Facility which bears interest at LIBOR plus a margin of 7.00%, and the remainder for general corporate purposes, which may include the repayment...

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The remaining stabilised securities of AB “Ignitis grupė” have been sold in the market

AB “Ignitis grupė” (hereinafter – the Group) informs that on 2 June 2022 the stabilisation manager (Swedbank AB, publ) has sold in the market the remaining stabilised securities of the Group which were owned by the stabilisation manager after it acquired them during the stabilisation post the initial public offering (IPO) of the Group and which were not acquired by the Group. Under this one-off transaction, 105,202 shares or 0.14% of the total securities of the Group were sold at market price to a single investor in a single transaction. It must be noted that the stabilisation manager has not benefited from the securities being sold in the market. After selling the securities, the stabilisation manager no longer holds any securities of the Group and, thus, there will be no further transactions related to the stabilisation. The Group announced...

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The remaining stabilised securities of AB “Ignitis grupė” have been sold in the market

AB “Ignitis grupė” (hereinafter – the Group) informs that on 2 June 2022 the stabilisation manager (Swedbank AB, publ) has sold in the market the remaining stabilised securities of the Group which were owned by the stabilisation manager after it acquired them during the stabilisation post the initial public offering (IPO) of the Group and which were not acquired by the Group. Under this one-off transaction, 105,202 shares or 0.14% of the total securities of the Group were sold at market price to a single investor in a single transaction. It must be noted that the stabilisation manager has not benefited from the securities being sold in the market. After selling the securities, the stabilisation manager no longer holds any securities of the Group and, thus, there will be no further transactions related to the stabilisation. The Group announced...

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CubicFarm Systems Corp. Announces Closing of $10.6 Million Overnight Marketed Offering

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES VANCOUVER, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) — CubicFarm® Systems Corp. (“CubicFarms” or the “Company”) (TSX:CUB), a leading local chain agricultural technology company, today announced the closing of its overnight marketed public offering of 6,540 unsecured convertible debenture units (the “Debenture Units”) of the company at a price of $1,000 per Debenture Unit for total gross proceeds of $6,540,000 and 7,361,000 common shares (the “Common Shares”) of the Company at a price of $0.55 per Common Share for total gross proceeds of $4,048,550. In aggregate, total gross proceeds were $10,588,550, which is inclusive of the partial exercise of the overallotment option. The Offering was conducted on a best efforts agency basis by Raymond James...

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Liquidia to Participate in the Jefferies Healthcare Conference

MORRISVILLE, N.C., June 02, 2022 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA) announced today that Mr. Michael Kaseta, Chief Financial Officer, will participate in a fireside chat at the Jefferies Healthcare Conference on Thursday, June 9, 2022, at 11:00 am Eastern Time. The conference is taking place June 8-10, 2022, in New York City. A webcast of the event will be available on the investors section of Liquidia’s website at https://liquidia.com/investors/events-and-presentations, and will be archived for 30 days following the event. About Liquidia CorporationLiquidia Corporation is a biopharmaceutical company focused on the development and commercialization of products in pulmonary hypertension and other applications of its PRINT® Technology. The company operates through its two wholly owned subsidiaries, Liquidia Technologies,...

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Deloitte Digital’s Alex Kelleher Joins Advantage Solutions to Lead Advantage Intelligence, a Commerce Data and Technology Group

Advantage Solutions’ new business unit will benefit from global CMO’s experience starting, growing and managing data-driven companiesAlex Kelleher headshot Alex Kelleher, president, Advantage IntelligenceIRVINE, Calif., June 02, 2022 (GLOBE NEWSWIRE) — Alex Kelleher has joined Advantage Solutions, a leading provider of outsourced sales and marketing services to consumer goods companies and retailers, as president, Advantage Intelligence, a new group that combines the enterprise’s data, analytics, intelligence and technology capabilities and services. Advantage Intelligence brings together the capabilities of four Advantage Solutions teams — Atlas, a reporting and analytics software solutions provider; The Data Council, a product content creation, management and syndication software and services provider; a data-driven supply...

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NETSOL’S Next-Gen Platform NFS Ascent® on the Cloud Goes live for UK Bank

CALABASAS, Calif., June 02, 2022 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, announced that it has successfully gone live with the company’s cloud-based NFS Ascent® Retail Platform for a bank in the United Kingdom. The Retail Platform constitutes both NFS Ascent® Omni Point of Sale and NFS Ascent® Contract Management System.  This Go-Live marks the first deployment of the company’s premier, next-gen solution NFS Ascent® (On the Cloud) in the United Kingdom and the European region. “This monumental Go-Live marks NETSOL’s first implementation of our highly adaptive platform NFS Ascent in the European market as well as the first implementation of our premier, next-gen product at a bank,” said Asad Ghauri, President, NETSOL Technologies-Asia...

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Motorsport Games and BTCC Announce Future Promotional Plan to Upcoming Official BTCC Game

The development teams will continue refining the user experience while both companies will offer multiple brand activations and gameplay content in the lead-up to full releaseMotorsport Games & BTCC Announce Future Promotional Plan to Upcoming Official BTCC GameMIAMI, June 02, 2022 (GLOBE NEWSWIRE) — Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announces today a promotional plan update, including activations, content releases and ‘first-play content’ tech demos through rFactor 2, to its planned British Touring Car Championship (“BTCC”) official game, which will release in 2024, as previously disclosed by the Company. A link to the trailer for the rFactor 2 content...

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Sandy Spring Bancorp Sells Insurance Business

Bank Will Now Offer Insurance Through Hub International OLNEY, Md., June 02, 2022 (GLOBE NEWSWIRE) — Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, today announced it has sold its insurance business to Hub International Limited, a leading global insurance brokerage and financial services firm. Terms of the transaction were not disclosed. “Our clients will now have access to an expanded offering of insurance solutions through Hub,” said Lou Caceres, Executive Vice President of Sandy Spring Bank. “All of the Sandy Spring Insurance Corporation employees have been offered positions with Hub, and they will continue to provide outstanding service to their clients as they always have. I want to thank each of these employees for their contributions to Sandy Spring Bank and all of the communities that...

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Nasdaq to Acquire Metrio, a Leader in Sustainability Software

Metrio’s data collection, analytics and reporting solutions to bolster Nasdaq’s portfolio of IR & ESG services Expected to improve corporates’ ability to manage and unlock value from their data so they can make better decisions Nasdaq plans to maintain Metrio’s headquarters in Montreal NEW YORK and MONTREAL, June 02, 2022 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) announced today that it entered into an agreement to acquire Metrio, a privately-held provider of environmental, social and governance (ESG) data collection, analytics and reporting services based in Montreal. Nasdaq plans to integrate Metrio’s software as a service (SaaS) platform into its suite of ESG solutions. “Metrio’s platform is complementary to Nasdaq’s end-to-end suite of sustainability reporting solutions and will accelerate our ability to support...

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