Feed aggregator
Island Announces Participation of Citi Ventures in Its Series D Round
DALLAS--(BUSINESS WIRE)--Island, the Enterprise Browser company, announced the participation of Citi Ventures, a venture capital arm of Citigroup, in its previously announced Series D funding round. The investment affirms Island’s value to banks and accelerates its mission to reshape the future of work in financial services and beyond. By building security and IT needs of the enterprise directly into the browser and designing an intuitive end-user experience, Island has redefined the role of th
Shareholder Alert: Ademi LLP Investigates Whether Nxu, Inc. Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Nxu (NASDAQ: NXU) for possible breaches of fiduciary duty and other violations of law in its transaction with Verde. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, pre-merger Nxu stockholders will own approximately only 5% of the combined company. The transaction agreement unreasonably limits competing transactions for Nxu by imposing
Greg Woods Joins Focus Financial Partners as General Counsel; Focus Bolsters Legal Team with Three Senior Promotions
NEW YORK--(BUSINESS WIRE)--Focus Financial Partners Inc., a leading partnership of fiduciary wealth management, business management, and related financial services firms, today announced a new General Counsel and several key promotions within its legal department to build on the firm’s existing bench of legal talent. “We are excited to announce these developments within our industry-leading legal team. Greg Woods is an exceptional lawyer, and we are pleased to have him assume leadership of our
Innovid to Release Third Quarter 2024 Financial Results on November 12th
NEW YORK--(BUSINESS WIRE)--Innovid (NYSE:CTV), an independent software platform for the creation, delivery, measurement, and optimization of advertising across connected TV (CTV), linear, and digital, today announced that it will release third quarter 2024 financial results before the market opens on Tuesday, November 12, 2024. The Company will host a conference call to discuss its results at 8:30 a.m. ET that same day. Zvika Netter, Co-founder and Chief Executive Officer, and Anthony Callini,
WSFS Bank Announces Promotion of James J. Wechsler to Executive Vice President, Chief Commercial Banking Officer
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that James (Jim) Wechsler has been named Executive Vice President, Chief Commercial Banking Officer, effective January 1, 2025. In his new role, Wechsler will join the Executive Leadership Team, reporting to Art Bacci, Executive Vice President and Chief Operating Officer and oversee Commercial & Industrial Banking, Commercial Real Estate, Treasury Management, Ca
Bank of Hawai‘i Corporation Third Quarter 2024 Financial Results
HONOLULU--(BUSINESS WIRE)--Bank of Hawai‘i Corporation (NYSE: BOH) today reported diluted earnings per common share of $0.93 for the third quarter of 2024, compared with diluted earnings per common share of $0.81 in the linked quarter and $1.17 in the same period last year. Net income for the third quarter of 2024 was $40.4 million, up 18.4% from the linked quarter and down 15.8% from the same period last year. The return on average common equity for the third quarter of 2024 was 11.50% compare
PublicSquare Formally Launches Payments Platform
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”) today reported the formal launch of its payments platform, the implementation of a strategic plan to streamline the organization, and the announcement of a private investment in public equity transaction (“PIPE”) of $5.35 million to help fund the growth of its payments vertical and for other general corporate purposes. Michael Seifert, Chairman and Chief Executive Officer of PublicSquare,
Investcorp AI Acquisition Corp. Releases Question and Answer Webcast
NEW YORK--(BUSINESS WIRE)--Investcorp AI Acquisition Corp. (Nasdaq: IVCA) (“SPAC”), a publicly traded special purpose acquisition company, announced a question-and-answer webcast (the “Webcast”) discussing its recently announced proposed business combination with Bigtincan Holdings Limited (ASX: BTH) (“Bigtincan” or the “Company”) which has been published on SPAC’s website. The Webcast can be accessed by visiting https://www.investcorpspac.com/AI. The Company, SPAC, BTH Merger Sub Limited (“Mer
Fountain Plants Ltd. Announces Strategic Partnership
LINCOLNSHIRE, England--(BUSINESS WIRE)--Fountain Plants Ltd., a leading propagator of vegetable plants in the UK, is excited to announce a strategic partnership with Solum Partners, an investment management firm focused on the food and agriculture industry. This collaboration will enhance Fountain Plants' operational capabilities and aims to accelerate the growth of Fountain Plants to meet increasing customer demand for high quality brassica, lettuce, and leek plants. “We are extremely excited
Hercules Capital Declares a Total Cash Distribution of $0.48 per Share for the Third Quarter 2024
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a third quarter 2024 total cash distribution of $0.48 per share. The following shows the key dates of the third quarter 2024 d
Walker & Dunlop Ranks #2 Overall Lender for HUD’s 2024 Fiscal Year
BETHESDA, Md.--(BUSINESS WIRE)--The U.S. Department of Housing and Urban Development (HUD) has just announced that Walker & Dunlop, Inc., a leading national commercial real estate finance firm, ranked #2 in dollar volume of closed loans for the agency’s fiscal year 2024, which concluded on September 30, 2024. During HUD’s fiscal year, Walker & Dunlop originated and closed loans for multiple asset types totaling $637 million and representing 7.7% of total HUD volume. See additional sub-r
Orchestra Grows Consumer, Experiential & Influencer Marketing Capabilities with Small Girls PR Acquisition
NEW YORK--(BUSINESS WIRE)-- #O2Investment--O2 Investment Partners, through Orchestra, has made an investment in and partnered with Small Girls PR.
DigitalBridge to Acquire Yondr Group
BOCA RATON, Fla. & LONDON--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced it has reached an agreement to acquire Yondr Group (“Yondr”), a global developer and operator of hyperscale data centers, through one of its managed investment funds (the “DigitalBridge Fund”). Yondr has established itself as a key player in the digital infrastructure sector, addressing
NextGen Growth Partners Announces Key Promotions as Fund III Gains Momentum
CHICAGO--(BUSINESS WIRE)-- #entrepreneurshipthroughacquisition--NextGen Growth Partners (NGP), a leading private equity firm specializing in Entrepreneurship Through Acquisition (ETA), is proud to announce the promotion of three key team members: Eric Wilson to Partner, Portfolio Operations, Nick Olmstead to Vice President, Investments, and Jenna Schmitt to Senior Finance Associate. These promotions come as NGP successfully launches Fund III, its largest fund to date, at $165 million, further reinforcing the firm’s focus on talent
Insight Partners Acquires Majority Stake in Detectify
STOCKHOLM & BOSTON--(BUSINESS WIRE)--Insight Partners acquires majority stake in Detectify to further drive product innovation helping AppSec teams secure their attack surface
Citi Launches New Digital Trade Receivable Finance Solution
HONG KONG--(BUSINESS WIRE)--Citi has launched Citi Digital Bill (CDB), a new integrated digital bill discounting solution, making centuries old practices future ready. CDB significantly reduces complexity by eliminating the need for physical documents and couriers and the movement of paper across multiple parties in different geographies. For sellers, CDB provides a faster, more transparent way to manage receivables, reducing the time for monetizing receivables from a week to less than an hour.
ANRO INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation Into Alto Neuroscience, Inc. and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #AltoNeuroscience--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Alto Neuroscience, Inc. (“Alto Neuroscience” or “the Company”) (NYSE: ANRO). Investors who purchased Alto Neuroscience securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/ANRO. Investigation Details On October 22, 2024, Alto Neuroscience announced that “the Phase 2b study o
ESMT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces That EngageSmart, Inc. Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit
NEW YORK--(BUSINESS WIRE)---- $ESMT #EngageSmart--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against EngageSmart, Inc. (“EngageSmart” or “the Company”) (NYSE: ESMT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that (1) purchased or otherwise acquired Engage
EW INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces That Edwards Lifesciences Corporation Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit
NEW YORK--(BUSINESS WIRE)---- $EW #EdwardsLifesciences--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Edwards Lifesciences Corporation (“Edwards” or “the Company”) (NYSE: EW) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired E
UIS INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation Into Unisys Corporation and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)-- #Unisys--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Unisys Corporation (“Unisys” or “the Company”) (NYSE: UIS). Investors who purchased Unisys securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/UIS. Investigation Details On October 22, 2024, the Securities and Exchange Commission announced that it had charged four companies