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Sound Point Meridian Capital, Inc. Schedules Fourth Fiscal Quarter Ended March 31, 2025 Earnings Release and Conference Call

Lastest from Businesswire - Thu, 05/15/2025 - 08:33
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced it plans to release its financial results for the quarter and fiscal year ended March 31, 2025 prior to the opening of the stock market on Thursday, May 29, 2025, and discuss these results in a conference call at 11:00 a.m. ET. All interested partie

Star Mountain Capital Earns Dual Recognition in 2024: Inc. 5000 Fastest-Growing Private Companies and GrowthCap’s Top Private Debt Firms

Lastest from Businesswire - Thu, 05/15/2025 - 05:33
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with over $4 billion in assets under management (AUM), is pleased to announce it has been named one of the Fastest-Growing Private Companies in America by Inc. and one of the Top Private Debt Firms by GrowthCap for the year 2024. We believe these recognitions highlight Star Mountain’s growth, specialized investment approach, and ongoing focus on supporting established compa

Renaissance Partners and TPG Rise Climate Enter Into a Binding Agreement to Jointly Acquire Control of SICIT

Lastest from Businesswire - Thu, 05/15/2025 - 05:33
MILANO & SAN FRANCISCO--(BUSINESS WIRE)--Renaissance Partners and TPG Rise Climate (“TPG”), signed a binding agreement to jointly acquire a controlling stake in SICIT Group S.p.A. (“SICIT” or the “Company”), a global leader in the production of biostimulants, transforming the residues of the leather industry into high value-added products for sustainable agriculture through a fully circular business model. In the context of the transaction, the current shareholders, Renaissance Partners and Int

Klaviyo Announces Pricing of Secondary Offering of 10,969,078 Shares of Series A Common Stock by Andrew Bialecki

Lastest from Businesswire - Wed, 05/14/2025 - 23:33
BOSTON--(BUSINESS WIRE)--Klaviyo, Inc. (the “Company”) (NYSE: KVYO), the only CRM built for consumer brands, today announced the pricing of an underwritten public offering (the “offering”) of 10,969,078 shares of its Series A common stock, par value $0.001 per share (“Series A Common Stock”), by Andrew Bialecki, the Company’s CEO and co-founder, at a public offering price of $34.00 per share, to cover tax obligations related to the exercise of his stock options, which expire this year. The Comp

Renatus Tactical Acquisition Corp I Announces Pricing of Upsized $210 Million Initial Public Offering

Lastest from Businesswire - Wed, 05/14/2025 - 23:33
CORAL GABLES, Fla.--(BUSINESS WIRE)--Renatus Tactical Acquisition Corp I (the “Company”) today announced the pricing of its upsized initial public offering of 21,000,000 units at a price of $10.00 per unit. The units are expected to begin trading on The Nasdaq Global Market under the ticker symbol “RTACU” on May 15, 2025. Each unit consists of one of the Company’s Class A ordinary shares and one-half of one redeemable public warrant. Each whole warrant entitles the holder thereof to purchase on

KBRA Assigns Preliminary Ratings to Primrose Funding, LLC Series 2025-1 Senior Secured Notes

Lastest from Businesswire - Wed, 05/14/2025 - 23:33
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to Primrose Funding, LLC (the Issuer) and Primrose Funding Sub Issuer, LLC (the Subnote Issuer and, together with the Issuer, the Issuers), Series 2025-1 Class A-1 and Class A-2 Notes (Primrose 2025-1), a whole business securitization (WBS). Primrose 2025-1 represents the sixth securitization issued by Primrose Funding, LLC and/or the Subnote Issuer, following the establishment of the master trust in 2019. In conjunction with the issua

Capillary Technologies Acquires Kognitiv, Strengthening Global Leadership in Loyalty Management

Lastest from Businesswire - Wed, 05/14/2025 - 20:33
DALLAS & BENGALURU, India & SYDNEY & SINGAPORE--(BUSINESS WIRE)-- #AI--Capillary Technologies, an AI-powered loyalty management company, today announced the acquisition of Kognitiv.

The Westaim Corporation Reports Q1 2025 Results

Lastest from Businesswire - Wed, 05/14/2025 - 20:33
NEW YORK--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited interim financial results for the quarter ended March 31, 2025. Westaim recorded a net loss of $7.4 million ($0.34 diluted loss per share) for Q1 2025 compared to a net profit of $23.3 million ($1.02 diluted earnings per share) for Q1 2024. At March 31, 2025, Westaim’s consolidated shareholders’ equity was $490.0 million and the Company had 21,706,501 common shares (“Common

Final Opportunity to Apply for the David Malcolm Scholarship for Spring 2025

Lastest from Businesswire - Wed, 05/14/2025 - 20:33
SAN DIEGO--(BUSINESS WIRE)--David Malcolm, a prominent San Diego-based philanthropist, encourages eligible students to apply for the David Malcolm Scholarship for Spring 2025. This $2,500 scholarship aims to support students who have shown resilience in overcoming adversity in their pursuit of higher education. The scholarship deadline for the spring cycle is May 31, 2025. To be eligible, applicants must be either high school seniors who have been accepted into an accredited college or universi

Nolan Capital Promotes Rob Weitz to Chief Investment Officer, Tim Eber and Bobby Nolan to Principal and Branden Shin to Vice President

Lastest from Businesswire - Wed, 05/14/2025 - 20:33
LOS ANGELES--(BUSINESS WIRE)--Nolan Capital is pleased to announce that Rob Weitz has been promoted to Chief Investment Officer, Tim Eber and Bobby Nolan have been promoted to Principal and Branden Shin has been promoted to Vice President. “The promotions reflect these individuals’ exceptional contributions to the success of Nolan Capital,” said Peter Nolan, Chairman of Nolan Capital. “Rob, Tim, Bobby and Branden have all contributed substantially to our firm's continued growth and success, and

H Partners Obtains Clear Referendum for Change at Harley-Davidson’s 2025 Annual Meeting

Lastest from Businesswire - Wed, 05/14/2025 - 20:33
NEW YORK--(BUSINESS WIRE)--H Partners Management, LLC (“H Partners” or “we”), one of the largest shareholders of Harley-Davidson, Inc. (NYSE: HOG) (“Harley-Davidson”, “Harley”, or the “Company”), which beneficially owns approximately 9.3% of the outstanding shares of the Company, today commented on the preliminary results of the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”). “We thank our fellow shareholders and all other stakeholders, including dealers, riders, and emplo

Angel Oak Mortgage REIT, Inc. Announces Pricing of Public Offering of Senior Notes

Lastest from Businesswire - Wed, 05/14/2025 - 20:33
ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”) today announced that it has priced an underwritten public offering of $40,000,000 aggregate principal amount of its 9.750% Senior Notes due 2030 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Angel Oak Mortgage Operating Partnership, LP through which the Company holds substantially all of its assets and conducts its operations. The Notes will be issued in mi

United Bankshares, Inc. Holds Annual Meeting of Shareholders

Lastest from Businesswire - Wed, 05/14/2025 - 20:33
WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. Holds Annual Meeting of Shareholders

The St. Joe Company Hosts 2025 Annual Meeting of Shareholders

Lastest from Businesswire - Wed, 05/14/2025 - 20:33
PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company Hosts 2025 Annual Meeting of Shareholders.

Seacoast Receives Regulatory Approvals for the Acquisition of Heartland Bancshares, Inc.

Lastest from Businesswire - Wed, 05/14/2025 - 20:33
STUART, Fla.--(BUSINESS WIRE)--Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today that the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency have approved Seacoast’s application with respect to Seacoast’s previously announced acquisition of Heartland Bancshares, Inc. (“Heartland”), and Seacoast Bank’s application with respect to th

AM Best Assigns Preliminary Credit Assessment to New England Indemnity Company

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Preliminary Credit Assessment (PCA) to New England Indemnity Company (NEIC) (Bedford, NH) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca (Excellent). The outlook assigned to the PCAs is stable. The PCAs reflect NEIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise

CIVI INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Civitas Resources, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Civitas business and prospects, resulting in its stock trading at inflated prices.

AM Best Affirms Credit Ratings of Berkshire Hathaway Life Insurance Company of Nebraska and First Berkshire Hathaway Life Insurance Company

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa+” (Superior) of Berkshire Hathaway Life Insurance Company of Nebraska (BHLN) (Omaha, NE). In addition, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa-” (Superior) of First Berkshire Hathaway Life Insurance Company (First Berkshire Hathaway Life) (New York, NY). The outlook of these Credit Ratings (rat

Customers Bancorp, Inc. Announces Full Redemption of Series E Preferred Stock

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Banking--Customers Bancorp, Inc. announces full redemption of Series E Preferred Stock.

State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “G,” “I,” “J,” and “K”

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.76 per share of common stock, payable on July 11, 2025 to common shareholders of record at the close of business on July 1, 2025. Additionally, State Street Corporation announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Series G (represented by depositary shares, each representing a 1/4000th interest in a share of Series G prefe

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