Recapitalization

JLL Capital Markets today announced that it has arranged $25.5 million in financing for Nest Micro Apartments, a 122-unit mid-rise luxury apartment building in the Journal Square neighborhood of Jersey City, New Jersey. JLL worked on behalf of the borrower, 190 Academy Urban Renewal, LLC, to secure a loan through Argentic Investment Management, LLC. Completed …

JLL Capital Markets has been retained to arrange the sale of 322 East 90th St., a five-story walk-up apartment building located on Manhattan’s Upper East Side. The asking price is $7.85 million. Located on the south side of East 90th Street, between 1st and 2nd Avenues, the building features 16 apartments, 10 of which are …

Item 1.01. Conclusion of a significant definitive agreement Effective from May 4, 2022, HCyte, Inc. (the “Company”) has entered into an amended and restated note conversion agreement (the “Note Conversion Agreement”) with certain holders (the “Investors”) of its Tranche 1 Notes (the “Notes”) ), (i) providing for a conversion price equal to the lesser of …

Seven years ago, a newly formed hotel investment firm in Denver proudly touted its purchase of a Best Western Plus in the Denver Tech Center for $15 million. “The property has all the characteristics we are looking for in an acquisition – high current yield, excellent location, superior brand image and a variety of healthy …

iAnthus Announces Appointment of New Chief Executive and Interim Director and Provides Update on Recapitalization Transaction NEW YORK and TORONTO, May 6, 2022 /PRNewswire/ — iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners in regulated cannabis companies across the United States, announces the appointment of a …

Onex (OTCMKTS:ONEXF – Get Assessment) had its price target reduced by Canaccord Genuity Group from CA$118.00 to CA$110.00 in a research report published Tuesday morning, reports The Fly. ONEXF has been the subject of several other research reports. TD Securities reduced its price target on Onex from CA$125.00 to CA$115.00 in a Monday, February 28 …

NEW YORK, May 2, 2022 /PRNewswire/ — Loews Corporation (NYSE:L) today reported net income of $338 millionor $1.36 per share, for the first quarter of 2022 compared to a net result of $261 millionor $0.97 per share, in the first quarter of 2021. Net income for the first quarter of 2022 increased over the comparable …

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB – Get Rating) was the target of strong short-term interest growth during the month of April. As of April 15, there were short interests totaling 16,400 shares, a growth of 72.6% from the total of 9,500 shares as of March 31. Based on an average trading volume of 24,300 …

GigInternational1, Inc. (NASDAQ: GIW – Get Rating) was the target of a significant increase in short-term interest in April. As of April 15, there were short interests totaling 2,800 shares, an increase of 211.1% from the March 31 total of 900 shares. Based on an average trading volume of 12,000 shares, the short-term interest rate …

CHICAGO–(BUSINESS WIRE)–April 26, 2022– Monroe Capital LLC announced that it has acted as lead arranger and sole administrative agent for the financing of a senior credit facility to support the recapitalization and future growth of Dealer Services Network (“DSN”) by capital sponsor- Frontenac investment. Based in Deerfield Beach, Florida, DSN is a technology provider of …

Meridian, a full-service healthcare real estate owner, operator and investor, is pleased to announce that the company has entered into an receivership for the sale of Grunow Memorial Medical Center. After renovating and repositioning the 53,000 square foot medical office building in Phoenix, Arizona, Meridian sold the building to a private Canadian investor for $17.9 …

On April 12, 2022, the Government of Alberta (the province) released its Alberta Technology and Innovation Strategy (ATIS). The strategy aims to add 20,000 new technology jobs to Alberta while providing concrete commitments to support technology innovation. This blog provides a concise summary of major ATIS initiatives. It is highly relevant to Canadian companies active …

“The Corwyn South Point has been met with extraordinary enthusiasm from people looking for sophisticated, modern design in a walkable neighborhood setting,” said jimmy baunon, Chief Investment Officer at ECI Group. “Residents of The Corwyn can walk to over 700,000 square feet of retail, dining and entertainment options in South Point and are a short …

Item 1.01. Conclusion of a significant definitive agreement. As described below, on April 13, 2022, NuZee, Inc. (the “Company”) completed the Offering (as defined below), which included the 2022 Warrants (as defined below) as a component of the Units (as defined below). The 2022 Warrants are governed by the terms set forth in the common …

Recently insurance industry regulator NAICOM announced a new recapitalization round for insurers, Ebere Nwoji in this report examines the possibility of its success in an election year The insurance industry regulator, the National Insurance Commission (NAICOM), at the recent Insurance Committee meeting held in Lagos, announced a new bid to carry out a recapitalization exercise …

Finance Minister Nirmala Sitharaman is due to meet the heads of public sector banks (PSBs) on April 23 to take stock of the performance of the lenders and the progress made by them on various plans launched by the government for reviving the economy. battered by the pandemic. This is the first full review meeting …

Staying informed is a constant challenge. There is so much to do and so little time. But we have what you need. Grab a coffee and have a five while you munch on these treats. Cologix increases its Canadian data center footprint after recapitalization Stonepeak, an alternative investment firm specializing in infrastructure and real estate …

OFFUTT AIR FORCE BASE, Neb. (AFNS) — Prior to the development of the new simulator, training for E-4B crews relied on a non-E-4B Boeing 747 trainer – located in Florida – or on the limited training sorties available due to the high operational requirement of the mission. . With …

JLL has arranged a $43.5 million construction financing for the development of 4135 Park Blvd., a 190-unit mixed-use multi-unit housing project in San Diego JLL Capital Markets has arranged a $43.5 million construction financing for the development of 4135 Park Blvd., a 190-unit mid-rise mixed-use housing project located on the border of the North Park …

JLL Capital Markets today announced the closing of the $86.5 million sale of The Alexander & The Johnathan, a pair of Class A experiential office assets totaling 219,580 square feet in Chandler, Arizona. JLL represented the seller, George Oliver, and recruited the buyer, Asana Partners. The $86.5 million sale represents a price of $394 per …

CHICAGO, March 22, 2022 /PRNewswire-PRWeb/ — Ziegler, a specialty investment bank, is pleased to announce that it has been the exclusive financial advisor to GreenLight Medical (GreenLight), a leading provider of supply chain management software. Healthcare Supply in connection with its transaction with Symplr, a provider of enterprise healthcare operations solutions. This combination creates a …

Section 1.01 Entering into a Material Definitive Agreement. At March 7, 2022, Propanc Biopharma, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Sixth Street Ready, LLC (“Sixth Street”), pursuant to which Sixth Street purchased a convertible promissory note (the “Note”) from the Company in an aggregate principal amount of $68,750, …

Newswires MT 2022 All news about CHINA HUARONG ASSET MANAGEMENT CO., LTD. Sale 2020 10,752 million 1,699 million 1,699 million Net result 2020 -102,092M -16,131M -16,131M Net debt 2020 785B 124B 124B 2020 PER ratio -0.27x 2020 performance – Capitalization 26,669 million 4,214 million …

BOSTON–(BUSINESS WIRE)–Cohere Capital, a Boston-based private equity firm focused on investing in leading technology-focused middle-market companies, announced that it has made a strategic growth investment in Boostability (the ” Society “). Cohere Capital has partnered with management and existing investor HIG Growth Partners to accelerate the company’s development and further enhance the value proposition for …

There is no peace for Saipem. Neither for the pockets of taxpayers who could soon be called upon to participate, albeit indirectly, in a new rescue of the group led by Francesco Caio. How? ‘Or’ What? Street Cassa Depositi e Prestitiwhich is a shareholder of Saipem with a stake equal to 12.55% of the share …

Everything is now ready for the showdown at Monte Paschi. Tomorrow, after a hectic week prone to advances, the Treasury (64.2% shareholder of the Sienese bank) is preparing to discourage CEO Guido Bastianini and make room for former Creval Luigi Lovaglio. The redde rationem is expected at the board of directors initially convened for the …

By Al Barbarino (January 28, 2022, 10:40 PM EST) – The U.S. Securities and Exchange Commission settled fraud complaints against technology company HeadSpin Inc. on Friday without levying monetary penalties following the ousting by its chief executive’s firm, playing the trick in an announcement as the agency seeks to clarify the kinds of cooperation and …

BOLTON, Mass. — Headwall Photonics completed a recapitalization led by Arsenal Capital Partners, a private equity firm specializing in investments in industrial and healthcare companies. The recapitalization was done in partnership with existing management and ownership, resulting in Arsenal becoming the majority owner. Terms of the transaction were not disclosed. TOKYO— Taiyo Nippon Sanso Corp. …

The Cabinet Committee on Privatization (CCoP) on Friday discussed the Pakistani government’s proposed divestiture of shares in Mari Petroleum Company Limited and decided to omit Mari Petroleum Company Limited from the list of privatizations. The meeting was held here under the chairmanship of Federal Minister of Finance and Revenue, Shaukat Tarin. The CCoP discussed the …

Merida Merger Corp. I (NASDAQ: MCMJ) was the target of a sharp drop in short-term interest rates during the month of November. As of November 30, there was short interest totaling 180,900 shares, a decrease of 38.8% from the total of 295,400 shares on November 15. Currently 1.5% of the company’s shares are sold short. …

The Comptroller and General Audit (CAG) raised concerns about the treatment of bank recapitalization spending in 2017-2018 and 2018-2019, stating that he was against the provision of the law on fiscal responsibility and management. budget (FRBM). For the recapitalization of public banks, the government invested respectively Rs 80,000 crore in 2017-18 and Rs 1.06 lakh …

The Coast Guard on Wednesday told members the start of a massive recapitalization effort to replace more than 48,000 legacy workstations across the department “to ensure our mobile workforce is equipped with tools modern systems to effectively accomplish its mission “. RADM’s Message David M. Dermanelian, deputy commander of command, control, communications, computers and information …

Bloomberg Markets and Finance has released this video element, titled “Air France CEO Expects Return to 2019 Travel Levels” – below is their description. Air France-KLM CEO Ben Smith discusses a recapitalization plan proposed by the French government worth up to $ 4.7 billion. He talks about “Bloomberg Surveillance Early Edition”. (Source: Bloomberg) Bloomberg Markets …

Diagram illustrating the functional relationship between the in-water and onshore structures that make up the Submarine Warfare Training Field (USWTR). The Navy’s Naval Aviation Training Systems and Ranges program office (PMA-205) upgrades the existing system and installs the second and third increments, advancing capability by increasing the size and capacity of the training range. NAVAL …

Dive brief: California-based GreenWaste and partner company Zanker Recycling have agreed to sell a large majority of the shares to MIP V Waste, a subsidiary of Macquarie Asset Management, according to several sources. Macquarie declined to comment. Zanker Deferred Questions to GreenWaste, who did not respond to a request for comment. As noted in a …