Recapitalization
Guaranteed $ 53.566 million acquisition loan for multi-unit community in Southwest Connecticut
NEW YORK, November 2, 2021 – JLL Capital Markets today announced that it has arranged a $ 53.566 million acquisition financing for Glenview House, a 146-unit mid-rise multi-unit community with a ground-floor Walgreen location in Stamford, Connecticut. JLL worked on behalf of the borrower, Beachwold Residential LLC, to secure the three-year variable rate loan through …
Breeze (BREZ) gains 0.10% to close at $ 10.14 on October 29
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange BREZ – Market data and news To exchange Shares of Breeze Holdings Acquisition Corp (NASDAQ: BREZ) gained 0.10%, …
Lottery.com and Trident Acquisitions Corp. announce the closing of a business combination
Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. AUSTIN, Texas, October 29, 2021 (GLOBE NEWSWIRE) – Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company transforming how, where and when the lottery is played, it announced today that it has completed its previously announced business combination with …
Accretion Acquisition Corp. announces the closing of the total over-allotment option as part of its initial public offering
DENVER, 28 October 2021 / PRNewswire / – Accretion Acquisition Corp. (NASDAQ: ENERU) (the “Companyâ€) announced that it has completed the sale of an additional 2,700,000 units at a public offering price of $ 10.00 per unit following the full exercise by the underwriters of the over-allotment option granted in the context of the Company’s …
Finacity, a White Oak Company, and Bayerische Landesbank
STAMFORD, Connecticut, October 27, 2021 (GLOBE NEWSWIRE) – Finacity Corporation, a White Oak Company, (“Finacityâ€) and Bayerische Landesbank (“BayernLBâ€) announce they have successfully launched a trade receivables securitization for a European flexible polyurethane foam products. The 2 year facility is secured by receivables issued by sellers in the UK, the Netherlands, Germany, France, Poland, Romania, …
Jones Lang LaSalle Incorporated: Demand for investment in Florida continues with the sale of Celebration Business Ctr.
ORLANDO, October 25, 2021 –JLL Capital Markets today announced the closing of the sale of Celebration Business Center, a two-building office building totaling 106,068 square feet in Celebration, Florida. JLL represented the seller, Bridge Investment Group, in the sale of the property to Denholtz Properties. “Bridge has a proven strategy to create next-generation workplaces that …
Air France CEO expects return to 2019 travel levels
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 …
Defense Affordability: As Defense Spending Declines, It’s Time For A New Approach
United States defense spending has increased dramatically over the past decade. Now, however, we are entering a cycle where the US Department of Defense (DoD) main budget may flatten out and not keep pace with inflation. In addition, all services have urgent and competing needs for modernization and recapitalization. As a result, the Pentagon will …
Chancellery Court Dismisses Disclosure and Breach Allegations in LLC Funding Litigation
In Daniel Feldman et al. vs. AS Roma SPV GP, LLC, et al., CA No. 2020-0314-PAF (Del. Ch. July 22, 2021), the Delaware Court of Chancery (the “Courtâ€) dismissed an action brought by minority members (“Plaintiffsâ€) of AS Roma SPV GP , LLC (the “Company”) for Breach of Fiduciary Obligations by the Executive Member for …
ESGEN Acquisition Corporation announces the price of its initial public offering of $ 240 million
DALLAS – (COMMERCIAL THREAD) – ESGEN Acquisition Corporation (“ESGEN†or the “Companyâ€) today announced the price of its initial public offering of 24,000,000 units at a price of $ 10.00 per unit. The offer has been increased from an original unit offer of 20,000,000 to a unit offer of 24,000,000. The units will be listed …
Navy Submarine training sites replacement and upgrading, training capacity improvement | thebaynet.com | TheBayNet.com
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 …
Pomerantz Law Firm Announces Class Action Filing Against Lightning eMotors, Inc. f / k / a GigCapital3, Inc. and Certain Executives
NEW YORK, October 15, 2021 / PRNewswire / – Pomerantz LLP Announces that a Class Action has been filed against Lightning eMotors, Inc. (“Lightning eMotors” or the “Company”) f / k / a GigCapital3, Inc. (“GigCapital3”) (NYSE: ZEV; ZEV.WS) and some of its leaders. The class action, filed in United States District Court of the …
Berkadia arranges debt and equity for the recapitalization of a 300-unit apartment community in Georgia
Berkadia secured debt for the refinancing of The Carter @ 4250, a 300-unit apartment community located in Norcross, GA Berkadia announces that it has guaranteed debt for the refinancing of The Carter @ 4250, a 300-unit apartment community located in Norcross, Georgia, on behalf of Miami-based One Real Estate Investment (OREI). In addition, Berkadia also …
Macquarie acquires significant stakes in GreenWaste and Zanker in its first waste deal in California
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 …
TA Associates acquires a significant stake in Foncia, a company owned by Partners Group, European leader in property management services
EQS Group-News: Partners Group / Keyword (s): Investment / Private Equity12.10.2021 / 07:00 Baar-Zug, Switzerland; 12 October 2021 Partners Group, a global leader in private markets, is expanding the shareholder base of Foncia (or “the Companyâ€), a leading provider of residential property management services in Europe. The incoming shareholder TA Associates has agreed to acquire …
The Day – Deep Diving: Australia, AUKUS and Connecticut
On September 15, 2021, President Joe Biden, Australian Prime Minister Bruce Morrison and British Prime Minister Boris Johnson announced a new defense pact between the three countries to strengthen our existing alliance in the Indo-Pacific region. The stories of our three nations are intertwined, as are our destinies – for Australia, the UK, the US …
BowX Acquisition Corp. announces planned transfer of listing to NYSE as part of its proposed business combination with WeWork Inc.
MENLO PARK, CALIFORNIA & NEW YORK – (COMMERCIAL THREAD) – As previously announced on March 25, 2021, BowX Acquisition Corp. (“BowXâ€) and WeWork Inc. (“WeWorkâ€) have entered into a definitive merger agreement, providing for a business combination (the “Business Combinationâ€) that will allow WeWork to become a publicly traded company. As previously announced in the …
HealthPlanOne LLC Announces Launch of ClearMatch Medicare Brand and Website | New
TRUMBULL, Connecticut., October 7, 2021 / PRNewswire / – HealthPlanOne LLC, a fast growing company at the crossroads of technology, analytics, marketing and customer experience, today announced the launch of its ClearMatchâ„¢ The Medicare brand and ClearMatchMedicare.com, an e-commerce and content site for consumers. ClearMatchMedicare.com provides easy-to-understand, engaging resources and user-friendly e-commerce tools for customers …
Rosemont sells minority stake in consultant Clearstead to Flexpoint
Rosemont Investment Group sells its minority stake in investment advisory firm Clearstead to Flexpoint Ford. Terms of the deal, which is expected to be finalized in mid-December, are not being disclosed, said Brad Mook, managing director and head of due diligence, financial modeling and research at the capital manager. Rosemont investment, during a telephone interview. …
Jones Lang LaSalle Incorporated: Net leased commercial building in Orange County sells for $ 11.29 million
NEWPORT BEACH, California, October 5, 2021 –JLL Capital Markets today announced that it has completed the sale for $ 11.29 million of an 11,838 square foot long-term single-tenant retail building to Walgreens in the Orange County Coastal Market in Huntington Beach, California. JLL marketed the property on behalf of the vendor, Stanford Hotels Group. A …
Arsenal finalizes sale of BioIVT to Linden
NEW YORK, October 5, 2021 / PRNewswire / – Arsenal Capital Partners (“Arsenalâ€), a private equity firm specializing in investments in healthcare and industrial companies, today announced that it has completed a majority recapitalization of BioIVT, Inc. ( “BioIVTâ€) with Linden Capital Partners (“Lindenâ€), a Chicagoprivate equity company in the health sector. Terms of the …
Wheelock Street Capital announces the acquisition of The Ben
WEST PALM BEACH, Florida, October 04, 2021– (BUSINESS WIRE) – Wheelock Street Capital has announced the acquisition of the Ben – West Palm Beach, a 208-room Marriott luxury hotel located at 251 N Narcissus Avenue in West Palm Beach, Florida. Purpose-built in 2020 as the first Marriott Autograph Collection hotel in Palm Beach County, the …
ECA, African Finance Ministers and IMF discuss changes needed to global financial architecture to support economic recovery on the continent
Download logo Dr Vera Songwe, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa yesterday met African finance ministers and IMF Managing Director Kristalina Georgieva to discuss how African member states can effectively use SDRs to support their efforts for a green, sustainable and inclusive recovery from the Covid 19 pandemic. African …
Jones Lang LaSalle Incorporated: Long Island Distribution Center trades for $ 50 million
MORRISTOWN, NJ, October 1, 2021 – JLL Capital Markets announced today that it has completed the $ 50 million sale of a 237,600 square foot Class A industrial distribution center to 4320 Veterans Memorial Hwy. in the Long Island community of Holbrook, New York. JLL marketed the property on behalf of the seller, Drake Real …
Brookfield and Elion Partners Announce $ 1 Billion Partnership
Brookfield Asset Management and Elion Partners, a vertically integrated industry specialist and sponsor of institutional real estate vehicles, announced this week a $ 1 billion strategic partnership that will expand Brookfield Real Estate Secondaries’ logistics portfolio in key infill markets. Brookfield recapitalized Elion Logistics Park 55, a Chicago master plan industrial park with the potential …
FMBN’s bumpy road to recapitalization
A decade after the idea of ​​recapitalizing the Federal Mortgage Bank of Nigeria was conceived, to meet the challenge of the housing deficit plaguing the country, a bureaucratic bottleneck may have crept in; prompting delay in deadline, reports Abdulwahab Isa Making housing accessible, decent and affordable for Nigerian citizens is the federal government’s open declaration …
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Air France-KLM considers capital options as US bookings increase
An Air France Airbus A350 prepares for take off from Colomiers, France, September 27, 2019. Régis Duvignau / Reuters Air France-KLM plans to raise new funds soon after completing a stock issue earlier this year, supported by a positive trend in bookings since the United States announced a reopening to Europeans, its company said on …
GigCapital5, Inc. Announces Closing of $ 230,000,000 Initial Public Offering | New
PALO ALTO, Calif .– (BUSINESS WIRE) – Sep 28, 2021– GigCapital5, Inc. (NYSE: GIA.U) (the “Company†or “GigCapital5â€) today announced the closing of its initial public offering of 23,000,000 units at a price of 10.00 $ per unit, including an additional 3,000,000 units sold pursuant to the full exercise of the underwriter’s over-allotment option, for …
Some questions of estate planning and business transition to consider before the end of 2021 | Schwabe, Williamson and Wyatt PC
As we move into the final quarter of 2021, there is still a lot to do and plan ahead before the end of the year. There are also timing considerations given the proposed legislative changes and the time required to accomplish some of those elements. You should NOW review your estate planning or year-end business …
Partners: Barings invests in $ 1 billion recapitalization of US-based Milestone equipment
MT 2021 press wires All the news of PARTNERS GROUP HOLDING AG Analyst recommendations on PARTNERS GROUP HOLDING AG Sales 2021 2,351 million 2,537 million 2,537 million Net income 2021 1,297 million 1,400 million 1,400 million Net cash 2021 53.5 million 57.7 million 57.7 million PER 2021 ratio 32.8x Yield 2021 2.12% Capitalization 41 967 …
Investors Consider $ 20 Billion Investment Grade Bond Offering Next Week
Wall Street syndicate offices expect a supply of quality bonds of around $ 20 billion next week, according to an informal survey of debt underwriters. That figure would be enough to exceed dealers’ September issue estimates of around $ 140 billion. Sales volume faltered after a record week earlier this month. This week has seen …
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Why the Air Force’s ICBM infrastructure needs an upgrade
Some people may assume that the Air Force’s new Strategic Ground Deterrence (GBSD) is purely focused on an accelerated replacement of four hundred or more intercontinental (ICBM) scattered over large areas of the United States, but the effort is in reality much more complete and far-reaching. “GBSD is a radical change, from the real missile …
NRX (NRXP) drops 5.89% to close at $ 9.42 on September 24
NRX Pharmaceuticals Inc (NASDAQ: NRXP), a Delray Beach, Fla. Company, closed at $ 9.42 on Friday after losing $ 0.59 (5.89%) on 1,033,309 shares. The stock ranged from a high of $ 10.08 to a low of $ 9.33, while NRX’s market cap now stands at $ 506,546,690. About NRX Pharmaceuticals Inc Big Rock Partners …
JLL Capital Markets Completes Sale of Fully Leased Mall in Austin
JLL Capital Markets today announced the closing of the sale of Springdale Shopping Center, a 163,145 square foot fully leased shopping center headquartered at HEB in the northeastern part of Austin, Texas. JLL marketed the property on behalf of the seller, Forge Capital Partners. EDENS purchased the asset. Springdale Mall is anchored by a high …
The French envoy returns to the United States after the Biden-Macron call to repair the fence
The American and French presidents decided to restore their relations on Wednesday, September 22, with France agreeing to return its ambassador to Washington and the White House admitting to having made a mistake in negotiating an agreement for Australia to buy American submarines instead. French submarines without consulting Paris, write Michel Rose, Jeff Mason, Arshad …
La Encantada in Tucson sells for $ 165.25 million
JLL Capital Markets today announced that it has completed the sale of $ 165.25 million and secured $ 102 million in acquisition financing for La Encantada, a 246,256 square foot outdoor lifestyle center in Tucson, Arizona. JLL represented the vendor, Macerich Company. A group of local investors bought the asset as part of a strategic …
BBX CAPITAL, INC. : Change of directors or key officers, other events, financial statements and exhibits (Form 8-K)
Item 5.02 Departure of directors or certain officers; Election of directors; Appointment of certain officers; Compensatory provisions of certain agents. At September 21, 2021, the board of directors of BBX Capital, Inc. (the “Company”) appointed Marcia barry smith to the Board of Directors of the Company. Since 2012, Ms. Barry-Smith was President and CEO of …
Ziegler Supports Telehealth Awareness Week 2021 as Founding Partner | New
CHICAGO, September 21, 2021 / PRNewswire-PRWeb / – Ziegler, a specialty investment bank, is pleased to announce that it is an official founding partner of the first Telehealth Awareness Week, presented by the American Telemedicine Association, which will place September 19-25, 2021. Telehealth Awareness Week is a campaign to reinforce the value of telehealth and …
White Oak acquires Finacity in flagship acquisition
San Francisco, United States: White Oak Global Advisors (“White Oakâ€) has completed the acquisition of Finacity Corporation (“Finacityâ€), a global leader in working capital and trade finance solutions for global businesses. Finacity creates, structures and places over US $ 100 billion in trade receivables each year with more than 50 leading financial institutions in asset-backed …
Asia Capital Real Estate (ACRE) Provides 11 Loans Totaling Over $ 360 Million For Multi-Family Properties In United States | Business
NEW YORK – (BUSINESS WIRE) – Sep 20, 2021– Asia Capital Real Estate (ACRE), a global private equity and real estate lending firm, today announced that it has entered into 11 bridge loans since August 1, totaling approximately $ 360 million to support multi-family buildings in the markets strong growth in the United States This …
Trump Considered ‘Repainting’ Private Plane To Look Like Air Force One, According To ‘Peril’ Book
Former US President Donald Trump had considered repainting his private Boeing 757 aircraft to look like Air Force One, then flying it across the United States in an attempt to “taunt” rival Joe Biden, the forthcoming book “Peril” written by Detective Bob Woodward and Robert Costa revealed. The idea of ​​”repainting” his private jet was …
Tridents (TDAC) drop 0.09% to close at $ 11.58 on September 17
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange TDAC – Market data and news To exchange Shares of Trident Acquisitions Corp (NASDAQ: TDAC) fell 0.09%, or …
JLL arranges $ 381 million construction loan for Bronx logistics hub | national news
NEW YORK, September 17, 2021 / PRNewswire / – JLL today announced that its Capital Markets group has organized $ 381 million in construction financing for the development of the Bronx Logistics Center, a two-story Class A last mile distribution facility totaling 1.3 million square feet in the Bronx, New York. JLL worked on behalf …
WinVest Acquisition Corp. Announces Closing of $ 100 Million Initial Public Offering | Your money
Cambridge, MA, September 17, 2021 (GLOBE NEWSWIRE) – WinVest Acquisition Corp. (NASDAQ: WINVU, the “Companyâ€) today announced the closing of its initial public offering of 10,000,000 units at a price of $ 10.00 per unit, resulting in total gross proceeds of $ 100,000,000. Each unit consists of one common share, one right and one redeemable …
NRX (NRXP) drops 9.33% to close at $ 10.50 on September 16
NRX Pharmaceuticals Inc (NASDAQ: NRXP), a Delray Beach, Florida company, closed at $ 10.50 Thursday after losing $ 1.08 (9.33%) on 1,720,566 shares. The stock ranged from a high of $ 11.29 to a low of $ 10.36, while NRX’s market cap now stands at $ 564,622,107. About NRX Pharmaceuticals Inc Big Rock Partners is …
Isleworth Healthcare (ISLE) drops 0.71% in Light Trading on September 10
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange ISLE – Market data and news To exchange Isleworth Healthcare Acquisition Corp (NASDAQ: ISLE) fell to close at …
Secretary of the Navy hails $ 1.7 billion Portsmouth shipyard project
KITTERY, Maine – Secretary of the Navy Carlos Del Toro called the Portsmouth Shipyard a “beacon for our silent service” as it stood on Wednesday against a patriotic backdrop. Del Toro attended a groundbreaking ceremony on a $ 1.7 billion dry dock expansion project at the local shipyard. He joined municipal and local congressional and …
L37 Ventures Announces New Partners | State
SAN FRANCISCO and HOUSTON and NASHVILLE and NEW YORK, September 3, 2021 / PRNewswire / – L37 is a hybrid venture capital, private equity and alternative asset investment firm. The company’s recent investments include DignifiHealth, Porter Road, Pure Watercraft, Mogul Hospitality, Isometric Technologies (ISO) and more. “We are delighted that John and Gregory are part …
Fort Worth, Texas Oilfield Maintenance Company Could Cut 1,400 Jobs
A Fort Worth-based oil services company that has filed two bankruptcy filings in five years has suggested it could cut the jobs of about 1,400 of its employees who work in three states. Joyce marshall Star-Telegram Archives A Fort Worth-based oil services company that has filed two bankruptcy filings in five years has suggested it …
Good progress is still in progress
The International Monetary Fund (IMF) says Barbados continues to make “good progress” in implementing the Barbados Economic Recovery and Transformation Program (BERT), while adding that reserves of country changes received another boost. IMF Barbados Mission Chief Bert van Selm, who called the BERT plan “ambitious and comprehensive”, says the progress is being made despite “the …
Former CEO of Tech Platform HeadSpin accused of investor fraud
Law360 (Aug 25, 2021, 5:32 p.m. EDT) – The co-founder and former CEO of Silicon Valley mobile apps company HeadSpin Inc. was arrested on Wednesday and charged with falsely inflating the startup’s earnings and inaccurate key financial indicators, allegedly defrauding investors of tens of millions of dollars. Manish Lachwani, 45, of Santa Clara County, Calif., …
PROPANC BIOPHARMA, INC. : conclusion of a material definitive agreement, creation of a direct financial obligation or obligation under an off-balance sheet arrangement of a holder, financial statements and supporting documents (form 8-K)
Item 1.01 Conclusion of a Material Definitive Agreement. At August 19, 2021, Propanc Biopharma, Inc. (the “Companyâ€) has entered into a securities purchase agreement (the “Purchase Agreementâ€) with Geneva Roth Remark Holdings, Inc. (“Genevaâ€), under which Geneva purchased a convertible promissory note (the “Note†from the Company for a total principal amount of $ 103,750, …
Starwood Capital Group & Arrow Capital Partners JV Recapitalize Properties Located In Sydney, Melbourne & Brisbane With Altis Property Partners
MIAMI, 23 Aug 2021 / PRNewswire / – A Joint Venture Between A Subsidiary Of Starwood Capital Group, A Leading Global Investment Firm, And Arrow Capital Partners, A Real Estate Investor And Operator, Announces Agreement To Recapitalize Office Portfolio and industrial assets alongside Altis Property Partners. The recapitalization will allow more investment in the portfolio …
LIV Capital (LIVK) drops 2.55% to moderate volume on August 20
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange LIVK – Market data and news To exchange LIV Capital Acquisition Corp – Class A shares (NASDAQ: LIVK) …
Breeze (BREZ) gains 0.08% in Light Trading on August 20
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange BREZ – Market data and news To exchange Breeze Holdings Acquisition Corp (NASDAQ: BREZ) gained to close at …
SHAREHOLDER ALERT: Law firm Pomerantz reminds shareholders of losses incurred on their investment in AdaptHealth Corp. f / k / a DFB Healthcare Acquisitions Corp. of the class action and the upcoming deadline
NEW YORK, August 11, 2021 / PRNewswire / – Pomerantz LLP Announces Class Action Lawsuit Against AdaptHealth Corp. f / k / a DFB Healthcare Acquisitions Corp. (“DFBâ€, “AdaptHealth†or the “Companyâ€) (NASDAQ: AHCO; AHCOW) and certain of its officers. The class action, filed in United States District Court of the Eastern District of Pennsylvania, …
JLL arranges $ 421.8 million refinancing for Atlanta’s Piedmont Center
Piedmont ATL Center Transaction means how the US office market stabilizes; markets such as Atlanta have returned to pre-pandemic office rental levels ATLANTA-JLL today announced that its Capital Markets group has arranged a $ 421.8 million financing for Piedmont Center, a 14-building, 2.2 million square foot Class A office complex in Atlanta, Georgia. JLL worked …
FECI Secures $ 438 Million Loan Package to Recapitalize Brightline Properties – Commercial Observer
Florida East Coast Industries (FECI) has recapitalized a nearby real estate complex Light line stations with loans totaling $ 438 million, property records show. The company, owner of the Brightline rail service, has made an existing senior loan of Morgan stanley with an additional $ 122 million, according to records. In 2019, FECI first provided …
Rice Acquisition Corp. II announces separate trading of its Class A ordinary shares and warrants, effective August 6, 2021 | Company
CARNEGIE, Pa .– (BUSINESS WIRE) – August 6, 2021– Rice Acquisition Corp. II (NYSE: RONI U) (the “Companyâ€) announced that as of August 6, 2021, holders of units sold as part of the Company’s initial public offering may elect to trade the shares separately. ordinary Class A and warrants included in the units. No fractional …
Gladstone Acquisition Corporat – GuruFocus.com
MCLEAN, VA / ACCESSWIRE / Aug 4, 2021 / Gladstone Acquisition Corporation (the “Companyâ€) today announced the price, on August 4, 2021, of its initial public offering of 10,000,000 units at $ 10.00 per unit. The units are expected to start trading tomorrow on the Nasdaq Capital Market under the symbol “GLEEU”. Each unit consists …
Sea-Air-Space 2021 prequel: post-Columbia substructure capability will help alleviate SSN shortage
Artist’s impression of future Columbia-class guided missile submarines. AMERICAN NAVY ARLINGTON, Va .– The nation’s submarine building capability created for the Columbia-class missile submarine (SSBN) program will ultimately help the US Navy increase production of attack submarines (SSN) to alleviate the shortage of attack boats, according to Navy and shipbuilding officials. Under current planning, Navy …
Cyprium completes minority investment in Remprex
CLEVELAND, July 21, 2021 / PRNewswire / – Cyprium Partners, a private equity firm focused on non-controlling mid-market investments, has completed a new subordinated debt and preferred stock investment in Remprex to recapitalize the company’s balance sheet and fund the acquisition of Technical Services International, Inc. (“TSI”). Remprex, headquartered outside Chicago, Illinois, provides terminal operations …
IRG signs long-term land lease on NASA’s New Orleans site
NEW ORLEANS, July 20, 2021 / PRNewswire / – Industrial Realty Group, LLC (IRG), one of the nation’s largest owners of commercial and industrial properties, today announced that it has signed a long-term ground lease with NASA’s Michoud Assembly Facility in New Orleans. Agreement provides IRG with a long-term ground lease for a 50-acre development …
HEP announces five achievements and a new investment
NEW YORK, July 19, 2021 / PRNewswire / – Partners of healthcare companies (“HEPâ€), a healthcare private equity firm, is pleased to announce five achievements of existing portfolio companies and a new investment in Kno2, the tenth investment platform of HEP III. Following a tradition of supporting companies financed by founders, HEP’s investment was part …
African leaders seek $ 100 billion from World Bank fund to finance economic recovery
23 African leaders set the target in a joint post-summit statement according to the World Bank. Executives are seeking $ 100 billion for a World Bank pivot fund that provides assistance to countries with the lowest incomes, as the COVID-19 pandemic continues to increase financial pressures on economies. IDA is one of the most important …
Timing the market may not be everyone’s game, but here’s what might help investors
Today we are at a time when the bullish outlook for equities and multiple waves of cash rush have driven the stock markets to a high valuation. (Photo: REUTERS) By Dinesh Pangtey Today we are at a time when the bullish outlook for equities and multiple waves of cash rush have driven the stock markets …
MEDMEN ENTERPRISES, INC. : conclusion of a material definitive agreement, change of directors or key management, financial statements and supporting documents (form 8-K)
Item 1.01 Conclusion of a Material Definitive Agreement. The information regarding the Custody Agreement (as defined below) set out in Section 5.02 of this current report on Form 8-K is incorporated by reference in this Section 1.01. Item 5.02 Departure of directors or certain officers; Election of directors; Appointment of Certain Officers; Compensatory Arrangements of …
CleanTech Acquisition Corp. Announces Price of $ 150 Million Initial Public Offering | New
NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) – CleanTech Acquisition Corp. (the “Companyâ€) announced today that it has priced its initial public offering of 15,000,000 units at $ 10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and traded under the ticker symbol “CLAQU” as of July 15, 2021. Each …
A luxury multi-unit community near Cincinnati sells
JLL has completed the sale of Vue 180 on the Water, a community of 93 Class A housing units located in the greater Cincinnati area of ​​Newport, Ky. JLL Capital Markets announced the closing of the sale of Vue 180 on the Water, a community of 93 Class A housing units in the greater Cincinnati …
Nomu Pay completes the acquisition of the first Wirecard APAC entities
Peter Burridge appointed as CEO SINGAPORE, Jul 12, 2021 / PRNewswire / – Nomu Pay, a Capital finch funded company, today completed two transactions to acquire Wirecard Payment Solutions Malaysia and Wirecard Payment Solutions Hong Kong, and announced the appointment of Peter Burridge as CEO of the group, based in Singapore. The acquisitions and appointment …
Stockhouse @ the Bell: financial and energy growth revives the markets | 2021-07-09 | Invest News
After an approximate performance in the previous session, Canada’s main stock index & CloseCurlyQuote; closed higher on Friday, supported by gains in mining, finance and industry. Telecommunications and utilities were down. U.S. stock indexes rose, as energy and banking stocks rebounded after a sell-off triggered by growth concerns and put the indexes on track for …
Jones Lang LaSalle Incorporated: Refinancing secured for an office building in Monmouth County, NJ
MORRISTOWN, NJ, July 8, 2021 – JLL Capital Markets announced today that it has arranged a $ 9 million refinancing for Meridian Center II, a Class A office building in Eatontown, New Jersey. JLL worked on behalf of the borrower, The Donato Group, to secure the loan through TIAA Bank. The 80,188 square foot building, …
NMS Capital announces partnership and investment in DirectMed Parts & Service
NEW YORK–(COMMERCIAL THREAD) – NMS Capital (“NMSâ€) today announced its partnership with management of the Company in connection with the recapitalization of DirectMed Parts & Service, LLC (“DirectMed†or the “Companyâ€). Terms of the transaction were not disclosed. Headquartered in San Diego, California, DirectMed is the largest independent source for the service and supply of …
Apollo Global Management – Consensus indicates downside potential of -2.1%
Global management of Apollo found using ticker (APO) now have 13 total analysts covering the stock. The consensus rating is “Buyâ€. The range between the high target price and the low target price is 74 to 50, with the average target price being 61.69. Given that the previous close for shares was at 63.01, this …
Saratoga Investment Corp New – Consensus Says 3.9% Potential Rise
Saratoga Investment Corp New found using ticker (SAR) now have 8 analysts covering the stock with consensus suggesting a rating of “Strong_Buy”. The target price varies between 30 and 23 by calculating the average target price that we see 28.31. Now, with the previous closing price of 27.26, that would indicate there is a potential …
SpiceJet: Maintain the “maintain” with a target price of Rs 85
SJet has approved fundraising of up to Rs 25 billion by issuing eligible securities to qualified institutional buyers. If this involves new equity, the shareholding of the current promoter will increase from 60% to 40%. SpiceJet (SJet) announced a loss of Rs 12.5 billion in fiscal year 21 (excluding forex), in accordance with expectations. The …
Raymond James takes a balanced approach to hiring tech bankers
The trending technology transaction market is driving the demand for industry-focused investment bankers. Raymond James takes a long-term approach to hiring practices regardless of the market cycle. “We’ve been around long enough to see hot markets followed by downturns, so we try to be careful not to over-hire or just hire agencies to execute on-going …
Leaders of influence: Private Equity & Investors -Jonathan Zucker
Jonathan zuckerManaging Director and Head of the Capital Markets GroupIntrepid investment bankers Jonathan Zucker is Managing Director and Head of the Capital Markets Group at Intrepid Investment Bankers. He joined Intrepid in 2014 to establish and lead the Capital Markets group of Intrepid. With Intrepid, Zucker has advised on debt and equity fundraising for companies …
Credit Suisse to pay Highland $ 121 million for Las Vegas deal
This content was published on June 29, 2021 – 12:12 AM June 29, 2021 – 12:12 AM (Bloomberg) – Credit Suisse Group AG must pay Highland Capital Management $ 121 million for a failed Las Vegas real estate deal in 2007, a Texas state court ruled. The ruling follows an April 2020 Texas Supreme Court …
Trident Acquisitions Corp. deposit 10K / A
News and research before you hear about it on CNBC and others. Claim your 1-week free trial for Street Insider Premium here. NEW YORK, June 25, 2021 (GLOBE NEWSWIRE) – Trident Acquisitions Corp. (the “Company”) filed a Form 10-K / A for the period ended March 31, 2021 on June 25, 2021 after receiving a …
$ 110 million sale for Mallory Square in Maryland completed
JLL Capital Markets announced the closing of the $ 110 million sale of Mallory Square, a 365-unit mid-rise apartment community with 1,600 square feet of retail space, located in the Shady Grove submarket in Rockville, N.Y. Maryland. JLL worked on behalf of the seller, Woodfield Development, to close the sale to the buyer, Nuveen Real …
Mike Earnhart Joins White Oak Commercial Finance as Managing Director of Originations | Business
NEW YORK – (BUSINESS WIRE) – June 25, 2021– White Oak Commercial Finance (“White Oakâ€), a subsidiary of White Oak Global Advisors, is pleased to welcome Mike Earnhart as Senior Vice President, General Manager of Origination. Mr. Earnhart will be based in Los Angeles with national coverage responsibilities. This press release features multimedia. See the …
Recapitalizing Strategic Shipping Should Be Pentagon Top Priority
USNS Carl Brashear, left, unloads a vertical launch missile canister in Long Beach Harbor (MSC) Posted on June 23, 2021 at 9:12 PM by CIMSEC [By Dr. Daniel Goure] The Department of Defense (DoD) has focused heavily on modernization and its associated concept, innovation. Emblematic of enthusiasm for change is the strategic approach memorandum released …
Bryn Mawr Glen in Ravenna to undergo $ 3.3 million renovations
RAVENNE – Residents of Bryn Mawr Glen can expect a nice makeover next year. National Church Residences, owner of the property, has planned a $ 3.3 million renovation of the 45-unit building on Bryn Mawr Street in Ravenna, according to Todd Hutchins, director of public relations for National Church Residences. After:Driver shortage leads PARTA to …
Four-Star Admiral Fagan makes history with installation as USCG Vice Commander – Homeland Security Today
Admiral Linda Fagan was installed Friday as the first female to serve as the vice-commander of the U.S. Coast Guard and the first female four-star admiral in service history. Relieved Fagan Adm. Charles Ray during the ceremony at Coast Guard Headquarters in Washington. On Wednesday in Alameda, Calif., Rear Admiral Peter W. Gautier relieved Fagan …
Volunteer Bancorp buys Civis bank | New
Volunteer Bancorp Inc., the holding company of Civis Bank, is pleased to announce that it has completed an offering of common shares and a new series of non-voting common shares for gross proceeds of approximately 47 millions of dollars. Patriot Financial Partners LP and Hermann Companies led the recapitalization of the company. The proceeds will …
Rice Acquisition Corp. II Announces Full Exercise of Over-Allotment Option and Closing of $ 345,000,000 Initial Public Offering | National company
CARNEGIE, Pa .– (BUSINESS WIRE) – June 18, 2021– Rice Acquisition Corp. II (the “Companyâ€) today announced the closing of its initial public offering (“IPOâ€) of 34,500,000 units, of which 4,500,000 units have been sold pursuant to the full exercise of the option. over-allotment of the Underwriters, at a price of $ 10.00 per Unit. …
Robert Bratley joins JLL’s Denver Capital Markets team
JLL Capital Markets announced the arrival of Robert Bratley as Senior Director in its Denver office. JLL Capital Markets announced that it has added Robert Bratley as a senior manager in its Denver office. In this role, Bratley will work alongside JLL’s Jordan Robbins and Pam Koster to complete multi-unit investment sales advisory transactions in …
TUSK Partners advises Spark Orthodontics on its recapitalization and growth capital led by Rock Mountain Capital
We are delighted to have helped form a new PE-supported DSO in the dental economy. Tweet this “TUSK has worked on a number of specialty transactions this year and we especially enjoy working in the orthodontic specialty. It’s rare to work with someone like Dr. Jason hartman who has both a passion for clinical care …
Jones Lang LaSalle Incorporated: Last mile distribution facility in northern New Jersey sells
MORRISTOWN, NJ, June 15, 2021 – JLL Capital Markets today announced the closing of the sale of a fully leased 50,400 square foot last mile distribution facility to a premier multinational tenant in Branchburg, New Jersey. JLL marketed the property on behalf of the seller, Elberon Development Group and The Avidan Group. NorthBridge Partners purchased …