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Strategy Announces $21 Billion STRK At-The-Market Program

Mon, 03/10/2025 - 10:57
TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy™ (Nasdaq: MSTR; STRK) today announced that it has entered into a sales agreement pursuant to which Strategy may issue and sell shares of its 8.00% series A perpetual strike preferred stock, $0.001 par value per share (the “perpetual strike preferred stock”), having an aggregate offering price of up to $21.0 billion (the “ATM Program”). Shares of the perpetual strike preferred stock are convertible by the holders into shares of Strategy’s class A com

Splitit Partners with Highnote to Enable Installment Payments for Digital Wallet Credit Cards and Merchant Endpoints

Mon, 03/10/2025 - 10:57
SAN FRANCISCO--(BUSINESS WIRE)--Highnote, a leader in modern card issuance, is proud to announce its partnership with Splitit, a unique white-label installment payment solution that allows shoppers to use an existing credit card at checkout. Enabled by Highnote’s technology, Splitit’s unique installment payment option will now be available through a digital wallet at the point of sale for the first time. With this new partnership, Highnote’s tokenized virtual cards are leveraged to pay merchant

FIS Launches Treasury GPT, a Pioneering AI-based Product Support Tool for the Treasury Industry

Mon, 03/10/2025 - 10:57
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced the launch of FIS Treasury and Risk Manager - Treasury GPT, a proprietary generative AI-driven product support tool embedded within its FIS Treasury and Risk Manager – Integrity Edition (“Integrity”). In collaboration with Microsoft, the tool uses Microsoft Azure OpenAI Service for enhanced data and risk management, and quickly generates responses on queries pertaining to product usab

Essential Properties Realty Trust, Inc. Announces Quarterly Dividend of $0.295 per Share for the First Quarter of 2025

Mon, 03/10/2025 - 10:57
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.295 per share of common stock for the first quarter of 2025. This represents an annualized dividend of $1.18 per share of common stock. The dividend is payable on April 11, 2025, to stockholders of record as of the close of business on March 31, 2025. About Essential Properties Realty Trust, Inc. Essential Prop

Verus Mortgage Capital Maintains Leadership as a Top Non-Agency RMBS Issuer in 2024

Mon, 03/10/2025 - 10:57
WASHINGTON--(BUSINESS WIRE)--Verus Mortgage Capital (VMC), a correspondent investor specializing in residential non-QM and investor rental programs, reaffirmed its position as a leading issuer of non-agency mortgage-backed securities last year. VMC specializes in expanded credit/non-QM and investor rental loan programs and financed 12 deals totaling more than $6.5 billion. Since its inception, VMC has financed approximately $31.4 billion through 65 rated securitization transactions, further cem

ECFC Hosts Advocacy Summit 2025 Featuring Capitol Hill Visits to Discuss Tax-Advantaged Benefits

Mon, 03/10/2025 - 10:57
WASHINGTON--(BUSINESS WIRE)--ECFC, the leading nonprofit organization promoting choice in benefit solutions, will hold its Advocacy Summit in person in Washington, D.C., from March 12 to 13. The dynamic two-day event empowers the benefits industry's voice on Capitol Hill. “Advocacy is essential to preserving and enhancing tax-advantaged benefits, and we are excited to continue our commitment to meet with House and Senate Congressional staff members,” said Christa Day, Executive Director at ECFC

Seven Hills Realty Trust Appoints Matthew Brown as Chief Financial Officer and Treasurer

Mon, 03/10/2025 - 10:57
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Matthew Brown has been appointed as Chief Financial Officer and Treasurer, effective March 10, 2025. Mr. Brown is a Senior Vice President of The RMR Group (Nasdaq: RMR) where he oversees the accounting and finance functions and the tax department. Mr. Brown has served in various accounting and finance leadership roles since joining RMR in 2007 and has extensive experience in reporting and compliance, me

Venerable Novates Initial Block of Variable Annuities from Equitable

Mon, 03/10/2025 - 10:57
WEST CHESTER, Pa.--(BUSINESS WIRE)--Venerable Holdings, Inc. (Venerable), is pleased to share the successful transfer of a legacy block of novated variable annuity contracts from Equitable Financial Life Insurance Company ("Equitable") to the Venerable administrative platform. The novated legacy block includes deferred and payout annuities from Equitable’s Accumulator® Series 06, 07, and 8.1 contracts reinsured by Venerable.i This strategic initiative, facilitated by the initial engagement betw

FICO Announces Availability of FICO Score Mortgage Simulator for Lender Use

Mon, 03/10/2025 - 10:57
BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--Global analytics software leader FICO (NYSE: FICO) announces that the innovative FICO® Score Mortgage Simulator is now available for lender use through Xactus, a fintech and market leader in verification solutions for the mortgage industry and the largest credit reseller. Mortgage professionals can leverage valuable insight from the simulator to help drive smarter decisions that can present more loan options and favorable interest rates for customers. The FICO®

Deep Track Capital Sends Letter to Dynavax Technologies’ Board of Directors

Mon, 03/10/2025 - 10:57
GREENWICH, Conn.--(BUSINESS WIRE)--Deep Track Capital, LP, (together with its affiliates, “Deep Track” or “we”), one of the largest shareholders of Dynavax Technologies Corporation (NASDAQ: DVAX) (“Dynavax”, “DVAX” or the “Company”), with ownership of approximately 14.34% of the Company’s outstanding shares, today sent a letter to the Company’s Board of Directors (the “Board”) related to Deep Track’s nomination of four highly qualified candidates for election to the Company’s Board of Directors

Corey Gustafson to Retire as President & CEO of GHK Capital-Backed JohnsByrne; Kevin Andrews Appointed as Successor

Mon, 03/10/2025 - 07:57
NILES, Ill.--(BUSINESS WIRE)--JohnsByrne (the “Company”), a leading provider of premium packaging and specialty print solutions, today announced that Corey Gustafson will retire as President & CEO after more than four decades of leadership. Kevin Andrews, a seasoned leader with deep packaging experience, has been appointed as JohnsByrne’s new CEO. Gustafson will continue to support JohnsByrne as a Board Member and Executive Advisor, ensuring a seamless transition of leadership, culture and

Ingo Payments Partners with Securely to Deliver Real-Time Merchant Settlements with Advanced Ledgering and Payment Capabilities

Mon, 03/10/2025 - 07:57
ALPHARETTA, Ga.--(BUSINESS WIRE)-- #embeddedbanking--Ingo Payments and Securely partner for real-time merchant settlements w/ advanced ledgering and payments, enhancing speed, transparency for merchants.

Triton International Announces Agreement to Acquire Global Container International

Mon, 03/10/2025 - 07:57
HAMILTON, Bermuda--(BUSINESS WIRE)--March 10, 2025 – Triton International Limited (“Triton” or the “Company”) today announced that it has entered into an agreement to acquire Global Container International LLC (“GCI”). The transaction is subject to customary closing conditions, including regulatory approval, and is expected to close during the first half of 2025. Established in 2018 by a team of experienced container industry executives in partnership with investment vehicles managed by Wafra I

Pamlico Capital Closes Sixth Fund at its Hard Cap of $1.75 Billion

Mon, 03/10/2025 - 07:57
CHARLOTTE, N.C.--(BUSINESS WIRE)--Pamlico Capital Closes Sixth Fund at its Hard Cap of $1.75 Billion

Seoul Medical Group (SMG) and Korean American Medical Group (KAMG) Merge to Form a Leading National Independent Physician Association

Mon, 03/10/2025 - 07:57
LOS ANGELES--(BUSINESS WIRE)--Seoul Medical Group (SMG) and Korean American Medical Group (KAMG), the two leading Asian-American-focused medical groups and physician networks in the United States, today announced that they have merged. Ascend Capital Partners (Ascend), a healthcare focused private equity firm dedicated to improving the access, affordability and quality of healthcare for vulnerable and underserved populations, is sponsoring the transaction. Ascend previously invested in SMG in 2

QXO and Beacon Confirm Discussions Regarding Potential Transaction

Mon, 03/10/2025 - 07:57
GREENWICH, Conn. and HERNDON, Va.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) and Beacon Roofing Supply, Inc. (Nasdaq: BECN) confirmed today that they are in discussions about a potential combination in which QXO would acquire Beacon for $124.35 per share in cash, or total consideration of approximately $11 billion. QXO is engaging in customary due diligence regarding Beacon’s business, and QXO and Beacon are negotiating a definitive agreement. Beacon is postponing its Investor Day, which had been

APP INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Mon, 03/10/2025 - 07:57
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning AppLovin business and prospects, resulting in its stock trading at inflated prices.

Viamedia Promotes Justin Johnston to Senior Vice President of Finance

Mon, 03/10/2025 - 07:57
LEXINGTON, Ky.--(BUSINESS WIRE)-- #AdSales--Viamedia promotes Justin Johnston to SVP of Finance, leading financial strategy as the company expands beyond 100 video service providers.

Experian Relieves $5M in Consumer Debt with ForgiveCo Among Families in Louisiana

Mon, 03/10/2025 - 07:57
COSTA MESA, Calif.--(BUSINESS WIRE)--Experian® announces it is relieving $5 million of consumer debt among 5,000 families in Louisiana.

VG INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Venture Global, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Mon, 03/10/2025 - 07:57
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: Venture Global business and prospects, resulting in its stock trading at inflated prices.

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