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Mutual Capital Group Announces Closing of All-Cash Merger with ICC Holdings, Inc.
WYALUSING, Pa.--(BUSINESS WIRE)--Mutual Capital Group, Inc. (“MCG”), parent company of Mutual Capital Holdings, Inc. (“MCH”), today announced the successful closing of its previously announced acquisition of ICC Holdings, Inc. (“ICCH”), the parent company of Illinois Casualty Company. The public trading of ICCH common stock ceased as of yesterday. At the closing, MCH acquired ICCH in an all-cash merger valued at approximately $73.8 million. As part of the transaction, each share of ICCH common
KKR Appoints Timothy R. Barakett to Board
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) today announced that Timothy R. Barakett has been appointed to the Board of Directors effective March 13, 2025. His appointment will bring the number of independent directors to ten out of a total of fourteen Board seats. Mr. Barakett is the Founder and Chief Executive Officer of TRB Advisors, a private investment firm and family office. Prior to founding TRB Advisors in 2010, Mr. Barakett was the Founder and Chief Executive Officer of A
Pagaya Closes New AAA-Rated $500 Million Consumer Loan ABS Deal
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $500 million AAA-rated personal loan ABS transaction (PAID 2025-2). Since 2018, Pagaya has raised over $27 billion across 67 ABS transactions to fund loan originations across multiple products, including personal loan and auto. “As the leading ABS issuer of personal loans in
Veritone Reports Fourth Quarter and Fiscal Year 2024 Results
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ:VERI), a leader in designing human-centered AI solutions, today reported results for the fourth quarter and fiscal year ended December 31, 2024. “Veritone delivered solid topline performance in the fourth quarter of 2024 and is entering 2025 with strong momentum underpinned by our disruptive Veritone Data Refinery offering and opportunity to drive Public Sector growth,” said Ryan Steelberg, Chairman, President and Chief Executive Officer of Verito
Hoskinson Family Office, Inc. Invests $1.5 Million in W3i Software Inc., Supporting the Growth of Cardano's Regulated DeFi Future
WEST LAFAYETTE, Ind. & LONDON--(BUSINESS WIRE)--Hoskinson Family Office, Inc. (HFO) has invested $1.5 million in W3i Software, Inc., the development company behind USDM—Cardano’s first MiCA-compliant, fiat-backed stablecoin. This investment marks a significant step toward bridging decentralized finance (DeFi) with the regulated financial system and accelerating Cardano’s global adoption. USDM, issued by Moneta Digital, is one of the only stablecoins designed to meet the strict regulatory standa
Operation HOPE Commemorates One Full Year of Data from Nationwide Client Survey – The HOPE Insider
ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low- and moderate-income Americans thrive in an ever-changing economy, released the 2024 Annual Report of its comprehensive nationwide client survey - The HOPE Insider - commemorating the first full year since the quarterly survey was launched in November 2023. With the newest data from the fourth quarter of 2024, The HOPE Insider’s Annual Report offers for the first time a whole-year snapshot of how thousands o
TWO Announces New Conversation Series Video
NEW YORK--(BUSINESS WIRE)--TWO Announces New Conversation Series Video
PublicSquare Reports Fourth Quarter and Full Year 2024 Financial Results
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), America's leading commerce and payments ecosystem valuing life, family, and liberty, reported today financial results for the fourth quarter 2024 and full year 2024. “Our accomplishments in 2024 were significant with our strategic focus on engaging our core merchants and consumers, propelling us to four-fold revenue growth,” stated Michael Seifert, Chairman and Chief Executive Officer of
Redwood Trust Announces First Quarter 2025 Common and Preferred Dividends
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the “Board”) has declared first quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a first quarter 2025 regular common stock dividend of $0.18 per share, unchanged from the fourth quarter of 2024. This marks the Company's
Regional Management Corp. Appoints Julie Booth to Its Board of Directors
GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced the appointment of Julie Booth to its Board of Directors, effective immediately. Ms. Booth most recently served as Chief Financial Officer and Treasurer of Rocket Companies (NYSE: RKT) (“Rocket”), the Detroit-based fintech platform company with mortgage, real estate, and personal finance businesses. Ms. Booth’s appointment increases the size of Regional Management’s B
MEMX Receives Regulatory Approval for MX2, its Second Exchange Medallion
NEW YORK--(BUSINESS WIRE)--MEMX, a technology-driven exchange operator founded by members to benefit all investors, today announced it has received regulatory approval for its second exchange medallion, MX2. This milestone marks a significant step in the company’s continued commitment to providing innovative trading solutions to all market participants. As a result of this approval, MEMX now has rules in place to govern trading on a second equities exchange. MEMX is actively working with market
Square Financial Services, Inc. Receives FDIC Approval to Offer Consumer Loan Product Cash App Borrow
DISTRIBUTED-WORK-MODEL/SAN FRANCISCO & SALT LAKE CITY--(BUSINESS WIRE)--Today, Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer loan product Cash App Borrow. SFS is an independently governed subsidiary of Block, Inc., headquartered in Salt Lake City, Utah. The expansion of Square Financial Services, Inc. to offer small, easy-to-repay consumer lo
Heritage Global Inc. Reports Fourth Quarter and Year-End 2024 Results
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today reported financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter and Year-End 2024 Summary of Financial Results (unaudited): ($ in thousands, except per share amounts) Three Months Ended December 31, Year Ended December 31, 2024 2023 2024 2023 Operating income
Phreesia Named to G2’s List of 2025 Best Healthcare Software Products
ALL-REMOTE COMPANY/WILMINGTON, Del.--(BUSINESS WIRE)--Phreesia has been named to G2’s 2025 Best Software Awards in the Best Healthcare Software Products category.
Xponential Fitness, Inc. Announces Fourth Quarter and Full Year 2024 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or the “Company”), one of the leading global franchisors of boutique health and wellness brands, today reported financial results for the fourth quarter and full year ended December 31, 2024. All financial data included in this release refer to global numbers, unless otherwise noted. All KPI information is presented on an adjusted basis to include full historical data for all brands in the current brand portfol
Yext to Participate at Upcoming 2025 Investor Conferences
NEW YORK--(BUSINESS WIRE)--Yext, Inc. (NYSE: YEXT), the leading digital presence platform for multi-location brands, today announced that senior management will participate in the following upcoming investor conferences: March 17, 2025: 37th Annual ROTH Conference in Dana Point, CA. Yext’s Chief Data Officer and EVP, Christian Ward, and CFO, Darryl Bond, will participate in a fireside chat at the conference at 1:30 pm PT. A live audio webcast of the fireside chat will be available on Yext’s Inv
AlTi Global, Inc. Reports Preliminary Fourth Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--AlTi Global, Inc. (NASDAQ: ALTI) (“AlTi" or the “Company”), a leading independent global wealth and alternatives manager with nearly $76 billion in combined assets, today announced preliminary financial results for the fourth quarter and full year ended December 31, 2024. A presentation of the Company’s preliminary fourth quarter and full year 2024 results can be found on the Events & Presentation section of the AlTi investor relations website. Webcast and Earning
Steven Udvar-Házy to Retire from Air Lease Corporation
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (“ALC” or the “Company”) today announced that Executive Chairman Steven Udvar-Házy will retire on May 2, 2025, following the Company’s 2025 Annual Meeting of Stockholders. Mr. Udvar-Házy will continue to serve on the Company’s Board of Directors as non-executive Chairman until the Company’s 2026 annual meeting of stockholders. Mr. Udvar-Házy founded Air Lease Corporation in 2010 and served as Chairman and Chief Executive Officer unt
BuzzFeed, Inc. Completes Strategic and Organizational Changes Following a Transformative 2024
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc.’s (“BuzzFeed” or the “Company”) (Nasdaq: BZFD) fourth quarter and full year (ended December 31, 2024) financial results were in line with its outlook shared in December, demonstrating progress in stabilizing operations and positioning the business for long-term growth. Following a strategic transformation in 2024, BuzzFeed is optimistic about the year ahead and is committed to bettering operational efficiency and improving monetization across the Compan
BGSF, Inc. Earns “Best Place for Working Parents®” Designation for the Fifth Consecutive Year
PLANO, Texas--(BUSINESS WIRE)--BGSF (NYSE: BGSF), a leader in strategic workforce solutions, is proud to announce that it has been recognized as a Best Place for Working Parents® for the fifth consecutive year. This designation highlights BGSF’s ongoing commitment to supporting working parents by implementing family-friendly policies that enhance employee well-being and business success. The Best Place for Working Parents® award is given to companies that meet high standards in ten key family-f