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Empery Digital Secures $25 Million Credit Facility to Fund Share Repurchases
AUSTIN, Texas--(BUSINESS WIRE)--Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today announced that it has entered into a committed borrowing facility to provide the Company with immediate access to $25 million in USD for share repurchases. Drawdowns on the facility are at the sole option of Empery Digital, providing management the flexibility to act decisively if the market presents an opportunity to repurchase shares below net asset value (NAV). The Company also antici
Best’s Market Segment Report: Swiss Re’s Adoption of IFRS 17 Shuffles the Top Tier in AM Best’s “World’s 50 Largest Reinsurers” Rankings
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards. The Best’s Market Segment Report, “World’s 50 Largest Reinsurers,” is a highly recognized part of AM Best’s overall look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. Other reports, including AM Best’s in-depth looks at the insurance-linked securities, Lloyd’s,
