Month: June 2024

Sidetrade secures majority control of SHS Viveon AG

Written by Customer Service on June 20, 2024. Posted in Mergers And Acquisitions.

New management at SHS Viveon AG as Sidetrade takes majority control SHS Viveon AG delisting approved by Munich Stock Exchange New tender offer deadline: July 29, 2024 at midnight (CEST, Munich, Germany)June 20, 2024 | Sidetrade, the global leader in AI-powered Order-to-Cash applications, today announces that it owns 79.39% in SHS Viveon AG, a German leader in credit risk management software, becoming the majority shareholder. Following the approval by Munich Stock Exchange for the delisting of SHS Viveon AG, Sidetrade has extended its public tender offer, allowing SHS Viveon’s shareholders the opportunity to tender their remaining shares at a price of €3.00 per share in cash. New management at SHS Viveon AG as Sidetrade takes majority control Sidetrade AG, a wholly owned subsidiary of Sidetrade group, has now secured 1,977,439 shares,...

Ponce Bank Exceeds ECIP Targets and Qualifies for 0.5% Preferred Stock Dividend Rate

Written by Customer Service on June 20, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today reported that the Bank exceeded the dividend rate reduction threshold for Qualified Lending targets designated by the U.S. Treasury Department pursuant to the Emergency Capital Investment Program (“ECIP”). The Bank’s “qualified lending” as measured pursuant to ECIP totaled $1.162 billion from June 8, 2023 through March 31, 2024. This critical milestone of the ECIP program reduces the dividend obligation on Ponce Financial Group’s $225.0 million Senior Non-Cumulative Perpetual Preferred Stock payable to the U.S. Treasury Department from 2.0% to 0.50% for the quarterly dividends payable through June 2025, resulting in a one-year annualized savings of $3.375...

ImageFIRST Acquires Imperial Linen Services, Strengthening Presence in Texas Market

Written by Customer Service on June 20, 2024. Posted in Mergers And Acquisitions.

National healthcare linen, laundry and facility services provider, ImageFIRST, strengthens presence with latest acquisition King of Prussia, PA, June 20, 2024 (GLOBE NEWSWIRE) — KING OF PRUSSIA, Pa., June 20, 2024 – ImageFIRST® the leading national provider of linen, laundry and facility services specializing in the healthcare industry announced it has completed its acquisition of Imperial Linen Services. Terms of the transaction were not disclosed.   Imperial Linen Services was founded in 1943 and provides laundry services for the healthcare and hospitality industries, making it an ideal fit for ImageFIRST’s expanding footprint. By integrating Imperial Linen Services into its operations, ImageFIRST will leverage its established framework and customer relationships to deliver enhanced service offerings.    ImageFIRST is the nation’s...

Form 8.3 – [LOK’N STORE GROUP PLC – 19 06 2024] – (CGWL)

Written by Customer Service on June 20, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree LOK’N STORE GROUP PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date position...

Ozop Plus Expands Electric Vehicle Coverage to Include Electric Golf Carts, Strengthening Partnership with Royal Administration

Written by Customer Service on June 20, 2024. Posted in Public Companies.

Warwick, NY, June 20, 2024 (GLOBE NEWSWIRE) — Ozop Plus, a subsidiary of Ozop Energy Solutions, Inc. (OZSC or the “Company”), announces the expansion of their electric vehicle coverage to now include Electric Golf Carts and their batteries. This expansion marks another milestone in their mission to be the premier provider of EV Warranty Products. Building on the success of the Fully Charged Electric and Hybrid Vehicle Service Contract, Royal Administration will cede to Ozop Plus the battery portion of the premium on any Golf Cart Vehicle Service Contract (VSC) sold. “We are incredibly excited about this expansion,” said Brian Conway, CEO of Ozop Energy Solutions. “By including Electric Golf Carts in our coverage, we are broadening our reach and continuing our mission to provide top-tier EV warranty products. This...

Society Pass Inc. Bolstering Subsidiaries Ahead of IPOs to Drive Growth and Customer Engagement

Written by Customer Service on June 20, 2024. Posted in Public Companies.

SINGAPORE, June 20, 2024 (GLOBE NEWSWIRE) — Society Pass Inc. (NASDAQ: SOPA), Southeast Asia’s premier data-driven loyalty, fintech, and e-commerce ecosystem, is gearing up for the upcoming IPOs of its key subsidiaries, NusaTrip.com and Thoughtful Media Group. NusaTrip.com, a leading travel platform in Indonesia, and Bangkok’s innovative advertising agency, Thoughtful Media Group, are set to undergo significant enhancements to increase customer engagement, expand market reach, and deliver unparalleled solutions to users and brands across Southeast Asia. NusaTrip.com, a leading travel booking platform in Indonesia, announced a technical re-platforming of its platform, centered around improving platform stability via upgrades to its server infrastructure, improved UI/UX interface as well as integration with leading payment gateway...

Zapata AI Publishes Research Findings From Phase II of DARPA’s Quantum Benchmarking Program

Written by Customer Service on June 20, 2024. Posted in Public Companies.

The research highlights the economic value and resource requirements for select use cases where quantum computing may be transformative BOSTON, June 20, 2024 (GLOBE NEWSWIRE) — Zapata Computing Holdings Inc. (“Zapata AI” or the “Company”) (Nasdaq: ZPTA), the Industrial Generative AI company, today announced that it has published and will present to the Defense Advanced Research Projects Agency (DARPA) select research findings — alongside its collaborators Rigetti Computing, University of Southern California, HRL Laboratories and L3Harris — from its participation in Phase II of DARPA’s Quantum Benchmarking program. Publication of these results represent a critical milestone in DARPA’s initiative to quantitatively measure the economic value of specific, transformational quantum computing use cases and the associated hardware-specific...

Form 8.3 – [MATTIOLI WOODS PLC – 19 06 2024] – (CGWL)

Written by Customer Service on June 20, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree MATTIOLI WOODS PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: MATTIOLI WOODS PLC AS AN ASSOCIATE...

Form 8.3 – [KEYWORDS STUDIOS PLC – 19 06 2024] – (CGWL)

Written by Customer Service on June 20, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree KEYWORDS STUDIOS PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date position...

Better Choice Company Set to Retire up to $10.4M of Debt Obligations and Majority of Outstanding Warrants

Written by Customer Service on June 20, 2024. Posted in Public Companies.

Senior Secured Debt of $5M Principal Plus Interest Retired in Full and Approximately $5M of Other Indebtedness to be Eliminated at 56% of Face Value within 90 days Additionally 335,640 Outstanding Warrants With $11.44 Strike Price Retired in Full NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) — Better Choice Company (NYSE: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, today announced that it has reached an amicable settlement with Alphia, Inc. (“Alphia”) that dismisses the Company’s ongoing litigation with Alphia and results in the retirement of its senior secured debt that includes $5.0 million in principal and $0.4 million of payable-in-kind accrued interest as of March 31, 2024. The Company has also retired 335,640 warrants with a strike price of $11.44 per share that were set to expire in 2028. Additionally,...

Month: June 2024

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