Month: September 2024

INVL Asset Management, a part of Invalda INVL, the leading asset management group in the Baltics, has launched the INVL BSGF Co-Invest Fund II as a new closed-end fund for informed investors. “With the INVL Baltic Sea Growth Fund now investing in its 10th portfolio company, we believe that we can offer investors an attractive co-investment opportunity,” says Vytautas Plunksnis, a partner of the INVL Baltic Sea Growth Fund. He says priority to participate in co-investment will be given to existing investors in the INVL Baltic Sea Growth Fund. The minimum investment in the INVL BSGF Co-Invest Fund II is EUR 125,000. The INVL Baltic Sea Growth Fund, with a size of EUR 165 million, is a closed-end private equity fund for professional investors. To date the fund has invested in and developed industry leaders such as Eco Baltia, InMedica, Eglės...

  To potentially include adolescents and antibody persistence up to two years Saint Herblain (France), September 18, 2024 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, today announced that it has submitted label extension applications to the European Medicines Agency (EMA) and Health Canada to potentially expand the use of its chikungunya vaccine, IXCHIQ®, to adolescents aged 12 to 17 years in Europe and Canada. The Canadian label extension application also includes two-year antibody persistence data, which is a key differentiator for IXCHIQ® that was already included in the initial EMA filing. Valneva expects to submit data to the U.S. Food and Drug Administration (FDA) this year to also support potential label extensions in the U.S. IXCHIQ® is the world’s first and only licensed chikungunya vaccine available...

SAN FRANCISCO, Sept. 17, 2024 (GLOBE NEWSWIRE) — Life360, Inc. (NASDAQ: LIF), the leading family connection and safety company, today announced that it will join the Russell 2000® and the Russell 3000® Indexes as part of the quarterly Russell US Index initial public offering (IPO) additions, effective after the U.S. market opens on September 23, 2024. “The addition of Life360 to the Russell 2000 and 3000 Indexes is a key achievement and a testament to our continued growth and progress as a public company,” said Chris Hulls, co-founder and CEO of Life360. “We are excited to join the notable companies in the Russell 2000 and 3000 portfolios and look forward to the increased exposure to investors of our vision to provide a comprehensive solution to staying connected and protecting what matters most to families.” Membership in the...

SAN FRANCISCO, Sept. 17, 2024 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, today announced it has priced a securitization of leases and power purchase agreements. The securitization is Sunrun’s twelfth securitization since 2015 and third issuance in 2024. “Sunrun continues to demonstrate strong execution in the capital markets; our latest securitization again highlights our industry-leading cost of capital. We believe our strong execution is testament to Sunrun’s deep capital markets relationships, the quality of our assets and our proven track record as an originator and servicer,” said Danny Abajian, Sunrun’s Chief Financial Officer. The transaction was structured with two separate classes of publicly placed A+ rated notes (the “Class A-1” and “Class A-2”,...

The Best Deals of the Year are Available on Move-in Ready Inventory Now Through October 20thThe Make Your Move National Sales Event is Back!Take Advantage of Limited-Time Deals on Move-in Ready HomesTHE WOODLANDS, Texas, Sept. 17, 2024 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced the launch of its premier “Make Your Move” National Sales Event. During this limited-time event, customers will have an exclusive opportunity to take advantage of special pricing and financing incentives on move-in ready homes on LGI Homes and Terrata Homes. “This event gives our customers the opportunity to purchase a beautiful new home while realizing significant savings,” said Eric Lipar, CEO of LGI Homes. “Our Make Your Move National Sales Event is the perfect time for buyers to lock in incredible value, move into a brand-new...

Golar LNG Limited (“Golar” or “the Company”) announces today that it has signed an Engineering, Procurement and Construction (“EPC”) agreement with CIMC Raffles (“CIMC”) for a MK II Floating LNG Production (“FLNG”) vessel with an annual liquefaction capacity of 3.5 million tons of LNG per annum (“MTPA”). Under the agreement with CIMC, Black & Veatch will provide its licensed PRICO® technology, perform detailed engineering and process design, specify and procure topside equipment and provide commissioning support for the FLNG topsides and liquefaction process, similar to Black & Veatch’s role in the construction of Golar’s existing assets, the FLNG Hilli and FLNG Gimi. The Golar MK II design is an evolution of the MK I design of FLNG Hilli and FLNG Gimi and is also based on the conversion of an existing LNG carrier to an FLNG....

DENVER, Sept. 17, 2024 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of August 31, 2024, was $21.99. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended August 31, 2024. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra...

HARTSVILLE, S.C., Sept. 17, 2024 (GLOBE NEWSWIRE) — Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has priced an offering (the “Offering”) of senior unsecured notes in a combined aggregate principal amount of $1.8 billion (collectively, the “Notes”).   The Notes will be issued in three tranches:$500 million in aggregate principal amount of 4.450% notes due 2026 $600 million in aggregate principal amount of 4.600% notes due 2029 $700 million in aggregate principal amount of 5.000% notes due 2034Sonoco expects that the closing of the Offering will occur on September 19, 2024, subject to the satisfaction of customary closing conditions. Sonoco intends to use an amount equal to the net proceeds from the Offering, together with borrowings...

TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) — Clip Money Inc. (TSX-V: CLIP) (OTCQB: CLPMF) (“Clip Money” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce the closing of a non-brokered private placement of unsecured convertible notes (each a “Convertible Note”) of the Company for gross proceeds of US$2,800,000 (the “Financing”). PeoplesBank subscribed for US$2,000,000 of the Financing.   In addition to PeoplesBank’s investment, Cardtronics Inc. (“Cardtronics”), a subsidiary of NCR Atleos Corporation, invested US$800,000. Cardtronics is Clip Money’s largest shareholder and also a strategic commercial partner through the NCR Atleos Allpoint ATM network. Cardtronics continued support highlights its confidence in the Clip Money solution and team. “We are thrilled...