Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)---- $BMN--BlackRock Advisors, LLC (“BlackRock”) announced today that BlackRock 2037 Municipal Target Term Trust (NYSE: BMN; CUSIP: 09262G108) (the “Fund”) successfully priced and placed $50 million of Variable Rate Demand Preferred Shares (“VRDP”) pursuant to an offering exempt from registration under the Securities Act of 1933. The proceeds from the VRDP issuance will be used to increase leverage in the Fund. BlackRock believes that the VRDP issuance will be accretive to the F

NEW YORK--(BUSINESS WIRE)--Avalanche Treasury Co. (AVAT), an ecosystem-aligned digital asset treasury company with an exclusive relationship with the Avalanche Foundation, today announced a definitive business combination agreement with Mountain Lake Acquisition Corp. (Nasdaq: MLAC) valued at over $675 million. The transaction includes approximately $460 million in treasury assets and is designed to create a leading public vehicle for AVAX exposure. The combined company expects to list on Nasda

NEW YORK--(BUSINESS WIRE)---- $BCAT--The BlackRock closed-end funds (the “Funds”) listed below announced today the results of the Measurement Period (as defined below) under their previously announced discount management programs (the “Programs”). Under the Programs, each Fund intends to offer to repurchase a minimum of 5% of its outstanding common shares if the Fund’s common shares trade at an average daily discount to net asset value (“NAV”) of greater than 10% during the measurement period that commen

LOS ANGELES--(BUSINESS WIRE)--Firefly Aerospace Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FLY

NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP reminds Semler Scientific, Inc. (“Semler” or the “Company”) (NASDAQ:SMLR) investors of the October 28, 2025 deadline to seek the role of lead plaintiff in a pending federal securities class action. If you purchased or otherwise acquired Semler Scientific securities, have information, or would like to learn more, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the form below, to discuss your ri

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), announced today that it has closed its initial investment into IQHQ, Inc. (“IQHQ”), a premier life science real estate platform. The initial investment totaled $105 million and was comprised of a $100 million investment into a revolving credit facility with the remainder invested in shares of preferred stock of IQHQ. The initial investment was funded through cash on hand and draws from the

DALLAS--(BUSINESS WIRE)--Legendary family law and appellate lawyer Richard Orsinger, co-founder and name partner in the family law firm Orsinger, Nelson, Downing & Anderson, is marking his 50th year as one of Texas’ preeminent legal figures. “When he started practicing in 1975, the Texas legal landscape was dramatically different than it is today,” said firm co-founder and name partner Keith Nelson. “Countless improvements in the application and practice of the law, as well as the law itsel

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 10/1/2025 Ex-Date- 10/15/2025 Record- 10/15/2025 Payable- 11/3/2025   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 Trust

EL PASO, Texas--(BUSINESS WIRE)--The 8th Court of Appeals in El Paso has sided with Johnston Tobey Baruch and its client in a civil case involving the interplay of Mexican and Texas preclusion law. The dispute stemmed from a failed land deal in Mexico that led to a judgment there, followed by a related lawsuit in Texas. On appeal, the key issue was whether the Texas court had to apply Mexico’s rules on res judicata, a term used to describe a case that has been concluded and cannot be appealed,

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its latest 12 Things in Credit report, highlighting timely credit market themes drawn from our weekly podcast, 3 Things in Credit, hosted by KBRA’s Chief Strategist, Van Hesser. Among the wide-ranging topics Van discusses in this issue are risk concentrations worth considering, a deeper dive into the retail sales report, and economic lines of defense against slowdown. Each Friday, the podcast covers three Things impacting credit that market participants

SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP is investigating potential legal claims on behalf of Doximity, Inc. (NYSE: DOCS) shareholders, concerning alleged misconduct by certain officers and directors that may have harmed the company and its investors. Investors who have continuously held Doximity shares since before June 24, 2021, may have legal rights and are encouraged to contact the firm to learn more: https://www.johnsonfistel.com/investigations/doximity-inc-2 On May 13, 2025, the C

SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP’s Denver office announces that a class action lawsuit has been filed on behalf of investors who purchased V.F. Corporation (NYSE: VFC) securities between October 30, 2023, and May 20, 2025. Investors who suffered losses during this period may be eligible for compensation. Eligibility to Participate Investors who purchased V.F. Corporation securities and incurred losses may seek appointment as lead plaintiff or participate in the class action. Lea

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to two classes of notes from DB Master Finance LLC, Series 2025-1. KBRA is assigning preliminary ratings to the Series 2025-1 Class A-2-I and Class A-2-II Notes and anticipates affirming each of the outstanding ratings on the Series 2021-1, and 2023-1 Class A-1 Notes issued by DB Master Finance LLC (the Master Issuer), a whole business securitization (WBS). The rating actions follow KBRA’s analysis which indicates that existing credit

STUART, Fla.--(BUSINESS WIRE)--Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), the holding company for Seacoast National Bank, announced today the completion of its acquisition of Villages Bancorporation, Inc. (“VBI”), parent company of Citizens First Bank, effective October 1, 2025. The merger of Citizens First Bank with and into Seacoast National Bank was also effective on the same date, with Seacoast National Bank being the surviving financial institutio

BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--FICO launches FICO® Mortgage Direct License Program, announcing a major shift in the delivery of FICO® Scores to the mortgage industry.

NEW YORK--(BUSINESS WIRE)--BlackRock announced today the planned termination of the iShares iBonds Dec 2025 Term Muni Bond ETF which includes the following timelines for trading, net-asset value (NAV) calculation and expected liquidation: Ticker Fund name Exchange Last day of trading Final NAV calculation date Liquidation date IBMN iShares® iBonds® Dec 2025 Term Muni Bond ETF Cboe BZX 12/01/25 12/01/25 12/04/25 iBonds ETFs are designed to cease trading and mature during a specific maturity wind

BOSTON--(BUSINESS WIRE)--PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth, today announced it has completed the sale of Versatile Credit, a consumer-financing software provider connecting merchants, lenders, and consumers through point-of-sale solutions, to Synchrony (NYSE: SYF). Terms of the transaction were not disclosed. Versatile Credit enables retailers and healthcare providers

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp Announces Third Quarter Earnings Conference Call Details

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have established the distribution dates for October, November and December 2025. The payments of the distributions are subject to Board approval. Ex Date Record Date Payable Date 10/15/2025 10/15/2025 10/31/2025 11/14/2025 11/14/2025 11/28/2025 12/15/2025 12/15/2025 12/31/2025 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset V

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (“Chimera”) announced today that the Compensation Committee of its Board of Directors approved grants of restricted stock units (“RSUs”), effective October 1, 2025, representing an aggregate of up to 533,391 shares of Chimera common stock under the Chimera Investment Corporation 2025 Inducement Award Plan (the “Award Plan”) to up to 300 individuals offered employment with Chimera in connection with Chimera’s acquisition of HomeXpress Mor