Mergers and acquisitions

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in iRobot Corporation with Losses of $100,000 to Contact the Firm

Retrieved on:

Tuesday, April 9, 2024

Certification, Ethics, IRBT, Complaint, Suite, IRobot, Mergers and acquisitions, Security (finance)

Investors who purchased the Company’s securities between August 5, 2022 and January 26, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before May 7, 2024.

Key Points:

Investors who purchased the Company’s securities between August 5, 2022 and January 26, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before May 7, 2024.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Hut 8 Corp. of Class Action Lawsuit and Upcoming Deadlines – HUT

Retrieved on:

Monday, April 8, 2024

Research, Prior, Bankruptcy, Mining, District court, Defendant, News, Ext, LLP, Complaint, Hut 8, Pomerantz, Action Replay, Court, Mergers and acquisitions, Person, Cryptocurrency

NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Hut 8 Corp. (“Hut 8” or the “Company”) (NASDAQ: HUT).

Key Points:

NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Hut 8 Corp. (“Hut 8” or the “Company”) (NASDAQ: HUT).
To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext.
Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Hut 8 Corp. (HUT)

Retrieved on:

Friday, April 5, 2024

Bitcoin, Research, Bankruptcy, GPM, Defendant, News, Data mining, Suite, Hut 8, Investment, Court, Mergers and acquisitions, Cryptocurrency

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points:

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
In November 2023, Hut 8 formed following the merger of Hut 8 Mining Corp. (“Legacy Hut”) and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (“USBTC”) (the “Merger”).
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
Glancy Prongay & Murray LLP, Los Angeles

NGM Bio Announces Closing of Tender Offer

Retrieved on:

Friday, April 5, 2024

Atlas, Patient, SAN, NGM, Column, Sub, Expiration, Guggenheim Partners, Therapy, Mergers and acquisitions, TCG, Holding company

The tender offer and related withdrawal rights expired at one minute after 11:59 p.m. Eastern Time on April 4, 2024 (the “Expiration Date”).

Key Points:

The tender offer and related withdrawal rights expired at one minute after 11:59 p.m. Eastern Time on April 4, 2024 (the “Expiration Date”).
As of the Expiration Date, a total of 22,323,295 shares of NGM Bio common stock were validly tendered, and not validly withdrawn, representing approximately 27% of the outstanding shares of NGM Bio common stock as of the Expiration Date.
As of the Expiration Date, the number of shares validly tendered in accordance with the terms of the tender offer and not validly withdrawn satisfied the minimum tender condition, and all other conditions to the tender offer were satisfied or waived.
Following the closing of the tender offer, Merger Sub merged with and into NGM Bio and all shares of NGM Bio common stock that had not been validly tendered (other than shares held by stockholders who properly demanded appraisal of such shares or shares held by affiliates of TCG and certain other stockholders who agreed to exchange their shares for shares of Parent) were converted into the right to receive the Offer Price (the “Merger”).

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Hut 8, Ventyx, and Anavex and Encourages Investors to Contact the Firm

Retrieved on:

Friday, April 5, 2024

In November 2023, Hut 8 formed following the merger of Hut 8 Mining Corp. (“Legacy Hut”) and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (“USBTC”) (the “Merger”).

Key Points:

In November 2023, Hut 8 formed following the merger of Hut 8 Mining Corp. (“Legacy Hut”) and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (“USBTC”) (the “Merger”).
USBTC held a 50% interest in a joint venture bitcoin mining facility, located in King Mountain, Texas (the “King Mountain JV”), which was acquired in the Merger.
In addition, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects.
For more information on the Anavex class action go to: https://bespc.com/cases/AVXL

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Nextdoor Holdings, Inc. (KIND)

Retrieved on:

Thursday, April 4, 2024

Growth, COVID-19, GPM, Defendant, News, Suite, ARPU, Court, Nextdoor, Mergers and acquisitions, Cryptocurrency

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points:

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
On this news, Nextdoor’s stock price fell $0.85, or 13.6%, to close at $5.39 per share on March 4, 2022, thereby injuring investors.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
Glancy Prongay & Murray LLP, Los Angeles

Scot Sellers to Be Named Chairman of the Board of Howard Hughes Holdings Inc. at Company’s Upcoming Annual Meeting

Retrieved on:

Thursday, April 4, 2024

Irvine Company, Growth, Blackstone Inc., Howard Hughes, Cornell University, Mergers and acquisitions, MPC, Acquisition, GGP Inc., City, HHH, The, Partner, Collection, Pershing Square Capital Management, Mergers & Acquisitions, Ackman

THE WOODLANDS, Texas, April 04, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) announced today that long-time Howard Hughes board member Scot Sellers will be named Chairman of its Board of Directors at HHH’s upcoming annual meeting. Sellers will succeed Pershing Square Capital Management, L.P. (“Pershing Square”) Founder and CEO Bill Ackman, who will be retiring from the HHH board after serving as its chairman since founding Howard Hughes in 2010. Pershing Square Partner Ben Hakim is being nominated for the Howard Hughes board to replace Ackman. Pershing Square intends to remain a major, long-term shareholder of HHH.

Key Points:

Long-time HHH Board Member and former Archstone CEO to succeed Bill Ackman as Board Chairman;
THE WOODLANDS, Texas, April 04, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) announced today that long-time Howard Hughes board member Scot Sellers will be named Chairman of its Board of Directors at HHH’s upcoming annual meeting.
Pershing Square Partner Ben Hakim is being nominated for the Howard Hughes board to replace Ackman.
Sellers has served on the Board of Directors of Howard Hughes since the company’s inception.
Sellers currently serves on the board of The Irvine Company and is Chairman of the Board of Maui Land & Pineapple Company.

Mary Josephs to Moderate Panel at Employee Ownership Ideas Forum Hosted by the Aspen Institute Economic Opportunities Program

Retrieved on:

Thursday, April 4, 2024

Advisory board, Woman, Mergers and acquisitions, ESCA, Employee stock ownership, Performance, Senior, Rutgers University, Most, Ohio Employee Ownership Center, Management

Chicago, IL, April 04, 2024 (GLOBE NEWSWIRE) -- Mary Josephs, Founder & CEO, Verit Advisors® will moderate a panel at the Employee Ownership Ideas Forum 2024: Employee Ownership on the Ground on April 10, 2024, in Washington, D.C.

Key Points:

Chicago, IL, April 04, 2024 (GLOBE NEWSWIRE) -- Mary Josephs, Founder & CEO, Verit Advisors® will moderate a panel at the Employee Ownership Ideas Forum 2024: Employee Ownership on the Ground on April 10, 2024, in Washington, D.C.
The event is hosted by the Aspen Institute Economic Opportunities Program and The Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.
This panel will discuss for “Innovations and Evolutions in Employee Ownership.” Joining Mary Josephs on the panel are Christine Adee, Co-Chief Executive Officer, OwnersEdge, Inc., Chris Cooper, Director, Ohio Employee Ownership Center, Corey Rosen, Founder and Senior Staff Member, National Center for Employee Ownership, and Aquilina Soriano Versoza, Executive Director, Pilipino Workers Center.
“I am so proud to be part of the conversation on the myriad of thoughtful, impactful and creative strategies to expand employee ownership,” commented Mary Josephs.

KIND INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on:

Thursday, April 4, 2024

Next, Growth, COVID-19, Internet, News, Acquisition, Networking hardware, Complaint, ARPU, Court, Mergers and acquisitions, Person, Video game

Nextdoor operates a hyperlocal online social networking platform that connects neighbors, public agencies, and businesses via the internet.

Key Points:

Nextdoor operates a hyperlocal online social networking platform that connects neighbors, public agencies, and businesses via the internet.
KV Acquisition Co. served as the surviving entity and changed its name to Nextdoor Holdings, Inc. after the merger.
On Nextdoor’s platform, “neighbors” (i.e., users) can view posts, discussions, and pictures from other neighbors, as well as notifications, comments, and groups.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Global M&A endures headwinds with pickup in first-quarter deal closures

Retrieved on:

Wednesday, April 3, 2024

University of London, Partnership, Mergers and acquisitions, Research, Acquisition, University, IPO, Bayes Business School, WTW, Mergers & Acquisitions, Pharmaceutical industry

This compares with 150 deals completed during the same period in 2023, representing an 11% increase in volume.

Key Points:

This compares with 150 deals completed during the same period in 2023, representing an 11% increase in volume.
Following four consecutive quarters of decline, the volume of large deals (valued over $1 billion) may also be stabilizing.
Despite these latest performance figures, the long-term 15-plus-year trend still shows M&A deals to have outperformed the market since the global financial crisis (+1.5 percentage points).
Only completed M&A deals with a value of at least $100 million that meet the study criteria are included in this research.