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ThetaRay and Spayce Partner to Combat Financial Crime and Secure Global Payments with Cognitive AI

Lastest from Businesswire - Tue, 06/03/2025 - 02:43
NEW YORK--(BUSINESS WIRE)-- #CognitiveAI--ThetaRay and Spayce announce a strategic partnership to fight financial crime and secure global payments, unveiled at Money 20/20.

Scamnetic, Inc. Files Lawsuit Against BlackCloak, Inc. for Trade Secret Misappropriation, Breach of Contract and Deceptive Trade Practices

Lastest from Businesswire - Mon, 06/02/2025 - 20:43
TAMPA, Fla.--(BUSINESS WIRE)--Scamnetic, Inc., a leading provider of scam prevention and protection services, has filed a lawsuit against BlackCloak, Inc. in the United States District Court for the Middle District of Florida, Orlando Division. The lawsuit alleges that BlackCloak misappropriated Scamnetic's trade secrets related to Scamnetic’s first of its kind proprietary tool, IDEveryone, which is designed to combat the ongoing epidemic of scams. Scamnetic developed IDEveryone to help users v

KBRA Assigns AA- Rating With Stable Outlook to Canutillo Independent School District, Texas, Unlimited School Building Bonds, Series 2025

Lastest from Businesswire - Mon, 06/02/2025 - 20:43
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA- with a Stable Outlook to the Canutillo Independent School District, Texas, Unlimited Tax School Building Bonds, Series 2025. Key Credit Considerations Credit Positives The District’s strong growth trends in terms of population and tax base valuation due to its location along the important Interstate-10 corridor. Sound level of reserves with an unassigned fund balance ratio of 17.7% as of the end of fiscal year 2024. Experienced m

Afya Limited Announces Change of Independent Registered Public Accounting Firm

Lastest from Businesswire - Mon, 06/02/2025 - 20:43
NOVA LIMA, Brazil--(BUSINESS WIRE)--Afya Limited (Nasdaq: AFYA; B3: A2FY34) (“Afya” or the “Company”), the leading medical education group and medical practice solutions provider in Brazil, announced today that its board of directors (the “Board”), following the recommendation of the Board’s audit committee, recently approved the engagement of KPMG Auditores Independentes Ltda. (“KPMG”) to provide independent auditing services for the Company, replacing Ernst & Young Auditores Independentes

Strategic Storage Trust VI, Inc. Opens New Class A Self-Storage Facility in Greater Montréal

Lastest from Businesswire - Mon, 06/02/2025 - 20:43
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), in partnership with SmartCentres (TSX: SRU. UN), is pleased to announce the opening of a newly constructed self-storage facility in Dorval, Québec, a suburb of Montréal. The facility is located at 2990 Boulevard Sunnybrooke, in proximity to the Trans-Canada Highw

Nuveen Closed-End Funds Declare Distributions and Nuveen Multi-Asset Income Fund Announces Change from Quarterly to Monthly Regular Distributions

Lastest from Businesswire - Mon, 06/02/2025 - 20:43
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Shareholders can expect regular distribution information to be posted on www.nuveen.com on the fi

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 6/2/2025   Ex-Date- 6/13/2025   Record- 6/13/2025   Payable- 7/1/2025   National Funds    Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust*  BYM  $0.055500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Trus

Panish Shea Ravipudi LLP’s $46.475 Million Verdict in Greener v. M. Phelps, Inc. Now a Final $56 Million Judgment After Supreme Court Denies Review

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
LOS ANGELES--(BUSINESS WIRE)-- #california--Following a two-year battle all the way to California's highest court, the $46.475 million verdict in Greener v. M. Phelps, Inc., et al is now final.

DATA Communications Management Corp. Announces Amended Senior Revolving Credit Facility

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
BRAMPTON, Ontario--(BUSINESS WIRE)--DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading Canadian provider of print and digital solutions that help simplify complex marketing communications and workflow, announced today that it has entered into a fourth amended and restated credit agreement (the “Bank Credit Facility”) with a Canadian chartered bank (the “Bank”), extending the maturity date of its senior secured revolving credit facility to May 31, 2

loanDepot, Inc. Announces Issuance of Term Notes Secured by Ginnie Mae MSRs

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. Announces Issuance of Term Notes Secured by Ginnie Mae MSRs

Chris LeClair joins Securian Financial as Institutional Retirement Solutions external wholesaler

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
ST. PAUL, Minn.--(BUSINESS WIRE)--Chris LeClair, a longtime industry veteran, has joined Securian Financial as an external wholesaler for the company’s Institutional Retirement Solutions business. Reporting to Kent Peterson, Securian Financial Institutional Retirement Solutions vice president, LeClair will sell the company’s longevity and stable value solutions for defined contribution retirement plans. “I am thrilled to welcome Chris LeClair, who kick-started his career at Securian Financial a

The European Equity Fund, Inc. Announces Portfolio Manager Changes

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
NEW YORK--(BUSINESS WIRE)--The European Equity Fund, Inc. (NYSE: EEA) (the “Fund”) announced today that Hansjoerg Pack will replace Juan Barriobero as the Fund’s portfolio manager effective July 1, 2025. Effective July 1, 2025, Mr. Barriobero, who has served as the Fund’s portfolio manager since 2020, will replace Frank Kuemmet as the Fund’s deputy portfolio manager. Mr. Pack joined DWS in 1997 and has extensive portfolio management experience, including multiple global equity strategies with s

KKR Credit Opportunities Portfolio (K-COP) Announces Planned Conversion to KKR Asset-Based Finance Fund (K-ABF)

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
NEW YORK--(BUSINESS WIRE)--KKR Credit Opportunities Portfolio (“K-COP” or the “Fund”) today announced plans to convert to the KKR Asset-Based Finance Fund, with an investment strategy and portfolio focused on a multi-sector approach to investing in privately sourced and structured Asset-Based Finance (“ABF”) investments. The conversion is expected to take effect on or about August 30, 2025, subject to shareholder approval of certain matters relating to the conversion. KKR Credit Advisors (US) L

BILL Deepens Executive Bench with Addition of Rohini Jain as Chief Financial Officer and Expanded Role for President John Rettig

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
SAN JOSE, Calif.--(BUSINESS WIRE)--BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced Rohini Jain will join BILL as Chief Financial Officer. Jain will lead finance strategy across BILL, reporting to CEO and Founder, René Lacerte. With Jain joining the executive team on July 7th, John Rettig will take on an expanded role as both President and Chief Operating Officer, to further accelerate growth and category leadership. “BILL deliv

Angel Oak Financial Strategies Income Term Trust Declares June 2025 Distribution

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares June 2025 Distribution

Strategy Announces Proposed Initial Public Offering of STRD Stock

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy™ (Nasdaq: MSTR; STRK; STRF) today announced that, subject to market and other conditions, it intends to conduct an initial public offering registered under the Securities Act of 1933, as amended (the “Securities Act”), of 2,500,000 shares of Strategy’s 10.00% Series A Perpetual Stride Preferred Stock (the “STRD Stock”). Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and

MFS Announces Closed-End Fund Distributions

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distributions for June 2025

Black Spade Acquisition II Co Announces Intention to Voluntarily Delist from The Nasdaq Stock Market LLC, Conditional Upon Consummation of its Pending Business Combination with The Generation Essentials Group

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
HONG KONG--(BUSINESS WIRE)--Black Spade Acquisition II Co (the “Company”) today announced that, in connection with its proposed business combination (the “Business Combination”) with The Generation Essentials Group (“TGE”), it intends to voluntarily delist its units, Class A ordinary shares and warrants from The Nasdaq Stock Market LLC (“Nasdaq”), subject to the closing of the Business Combination. The Company’s decision to voluntarily delist its units, Class A ordinary shares and warrants from

TCW Launches the TCW Private Asset Income Fund to Deliver Exposure to Asset-Backed Finance Market

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global investment firm, today announced that it has launched the TCW Private Asset Income Fund (TPAY), a private asset-backed finance interval fund to provide exposure to asset-backed finance opportunities to a range of investor types. TPAY launches with over $450 million in subscription commitments, including an anchor commitment from Apollo S3 Credit Solutions. TPAY focuses on private lending opportunities that power the real economy, pro

KKR to Present at the Morgan Stanley US Financials Conference 2025

Lastest from Businesswire - Mon, 06/02/2025 - 17:43
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that Adam Smith, Partner and Co-Head of Credit & Markets, will present at the Morgan Stanley US Financials Conference 2025 on Tuesday, June 10, 2025 at 9:00 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. For those unable to listen to the live webcast, a replay will be available on the website shortly after the eve

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