Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research observing how secured lenders have long looked to “Disqualified Stock” provisions in credit documentation to protect them against cash leakage on account of junior ranking instruments. However, lessons from a recent private credit liability management exercise (LME) raised questions regarding the perceived benign nature of permitted junior ranking hybrid instruments. Key Takeaways A recent LME transaction widely discussed in media reports did no

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #Divestiture--ISG has sold its automation unit to UST for $27 million in cash, with a portion of the proceeds placed in escrow to meet certain conditions.

ST. LOUIS--(BUSINESS WIRE)--Cass Information Systems, Inc. (Nasdaq: CASS) (Cass), a leading provider of global payment solutions, has received a Multiple Award Schedule contract with the General Services Administration (GSA). This pre-approved contract enables government and federal agencies to efficiently award business to Cass for freight audit and payment services for all transportation modes. Cass, a provider of payment solutions for diverse spend categories, processed $90B in payables in 2

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #alternativeassets--Caliber will host a webinar with the Nasdaq stock exchange on “Growing Opportunities in Distressed Commercial Real Estate Assets” on Wed., Oct. 23.

NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Options Technology Redefines Market Data Transparency with the Launch of its Atlas Product Suite

SAN FRANCISCO & LONDON--(BUSINESS WIRE)---- $SOFI--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, and PrimaryBid Technologies Inc., a leading capital markets fintech firm, today announced the launch of DSP2.0, an advanced Directed Share Platform (DSP) that offers a modern and streamlined approach to equity program management for companies looking to raise capital in the U.S. DSP

PHILADELPHIA--(BUSINESS WIRE)--WINS Media (WINS) today announces the launch of its Personal Brand Concierge service designed to build influence, wealth, and legacy for women founders and executives through strategic storytelling. The newly launched concierge service delivers a multi-layered personal branding experience to clients, combining thought leadership, personal PR, and wealth strategy to elevate their visibility in the marketplace. WINS Founder and CEO, Amie Sheridan, has provided media

CAMBRIDGE, Mass. & SALISBURY, England--(BUSINESS WIRE)--KalVista Pharmaceuticals, Inc. (NASDAQ: KALV), today announced that the compensation committee of KalVista’s board of directors granted six newly-hired employees inducement options to purchase an aggregate of 31,000 shares of KalVista common stock on October 1, 2024 as inducements material to each employee entering into employment with KalVista. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an

EDMONDS, Wash.--(BUSINESS WIRE)--Sound Growth Partners (“SGP”) is pleased to announce its majority recapitalization of Sunny Communications, LLC (“Sunny”) on September 24, 2024. SGP, along with Everside Capital Partners, provided all of the capital required to complete the transaction via its One-Stop Buyout™ structure. Headquartered in Lakewood, CO, Sunny is the leading provider of refurbished land mobile radio communication equipment, including two-way radios, accessories, and communication s

MANCHESTER, N.H.--(BUSINESS WIRE)--Fiduciary Trust of New England (FTNE), a New Hampshire-chartered trust company serving individuals, financial advisors, and nonprofits, has recently welcomed Eric Cunnane, JD, to the firm as a Vice President and Trust Counsel. Cunnane is based in FTNE’s Manchester, NH office, and reports to Fiduciary Trust Company’s Chief Fiduciary Officer Suma Nair, JD. Cunnane will advise Fiduciary Trust of New England on all legal matters related to fiduciary laws and trust

NEW YORK & LUXEMBOURG--(BUSINESS WIRE)--General Atlantic, a leading global growth investor, today announces the completion of its acquisition of Actis, a leading global investor in sustainable infrastructure. The combination further expands General Atlantic’s diversified investment platform to approximately $97 billion in assets under management, based on valuations as of June 30, 2024, across sectors, regions, and strategies to capture the most compelling opportunities for its investing client

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Kyriba, the global leader in liquidity performance, announced it will open a state-of-the-art data center in the Kingdom of Saudi Arabia in Q1 of 2025

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Beyond, Inc. (“Beyond” or the “Company”) (NYSE: BYON) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On May 6, 2024, after the market closed, Beyond announced the Company’s first quarter 2024 financial results, revealing first quarter total net revenue of $382 million, an increase of

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Summit Midstream Corporation (NYSE: SMC) and Tall Oak Midstream Operating, LLC and its subsidiaries is fair to Summit shareholders. Halper Sadeh encourages Summit shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns wheth

TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced that the U.S. District Court for the Northern District of California has granted preliminary approval of a settlement to resolve shareholder derivative litigation that has been

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of JFrog Ltd. (“JFrog” or the “Company”) (NASDAQ: FROG) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On August 7, 2024, JFrog released its second quarter 2024 financial results and lowered its FY 2024 guidance, stating that it “expect[s] cloud revenue growth to slow relative to prior

DALLAS--(BUSINESS WIRE)--Generational Group, a leading investment banking firm for privately held businesses, is pleased to announce that it has received 24 finalist nominations for this year’s M&A Advisor Awards. The awards will be presented, and the winners announced at a Black-Tie Gala during the 2024 Future of Dealmaking Summit on November 19-20, 2024 in New York, New York. Generational’s nominations include: INVESTMENT BANKING FIRM OF THE YEAR Generational Group CONSULTING FIRM OF THE

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares October 2024 Distribution

NEW YORK--(BUSINESS WIRE)---- $FNA #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of Colorado on behalf of those who acquired Paragon 28, Inc. (“Paragon 28” or the “Company”) (NYSE: FNA) securities during the period of May 5, 2023 through August 8, 2024, inclusive (“the Class Period”). Investors have until November 29, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. [Click here to learn mo

MIAMI--(BUSINESS WIRE)-- #BusinessFinancing--Idea Financial, through partnership with Performance Trust Capital Partners, has increased its maximum small business lending limit to $350,000.