ATM

FCPT Announces First Quarter 2024 Financial and Operating Results

Retrieved on: 
Wednesday, May 1, 2024

Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced financial results for the three months ended March 31, 2024.

Key Points: 
  • Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced financial results for the three months ended March 31, 2024.
  • NAREIT-defined FFO per diluted share for the first quarter was $0.41, representing a $0.02 increase compared to the same quarter in 2023.
  • AFFO per diluted share for the first quarter was $0.43, representing a $0.02 per share increase compared to the same quarter in 2023.
  • FCPT declared a dividend of $0.345 per common share for the first quarter of 2024.

VICI Properties Inc. Announces First Quarter 2024 Results

Retrieved on: 
Wednesday, May 1, 2024

VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended March 31, 2024.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended March 31, 2024.
  • Total revenues for the quarter included $135.7 million of non-cash leasing and financing adjustments and $19.3 million of other income.
  • AFFO per share was $0.56 for the quarter, an increase of 6.1% compared to $0.53 for the quarter ended March 31, 2023.
  • The initial $400.0 million investment will be funded in three quarterly draws based on a fixed funding schedule: $100.0 million in Q2 2024, $150.0 million in Q3 2024 and $150.0 million in Q4 2024.

Usio’s Card Issuing Platform Enables MOBILEMONEY’S Innovative Reverse ATM Kiosks to Issue Hundreds of Thousands of Cards at Cashless Venues and Events

Retrieved on: 
Wednesday, May 1, 2024

In 2021, MOBILEMONEY chose Usio’s proprietary card issuing platform to power its self-service kiosks that enable cashless transactions.

Key Points: 
  • In 2021, MOBILEMONEY chose Usio’s proprietary card issuing platform to power its self-service kiosks that enable cashless transactions.
  • Since the launch, MOBILEMONEY’S kiosks have issued approximately 470,000 cards, resulting in dollar transaction processing volume that grew 600% in 2023.
  • Our recently expanded partnership powers MOBILEMONEY kiosks to disburse reloadable card accounts with plans to further expand the partnership by supporting virtual card issuance.
  • The success of the initial reverse ATM kiosk program highlights the versatility of our card issuing platform and the impact we are making in mobile financial services.

Easterly Government Properties Reports First Quarter 2024 Results

Retrieved on: 
Tuesday, April 30, 2024

Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended March 31, 2024.

Key Points: 
  • Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended March 31, 2024.
  • “Our ability to deliver essential infrastructure to mission-critical U.S. government agencies is the bedrock of our shareholder value,” said Darrell Crate, Easterly’s Chief Executive Officer.
  • On April 25, 2024, the Board of Directors of Easterly approved a cash dividend for the first quarter of 2024 in the amount of $0.265 per common share.
  • The dividend will be payable May 21, 2024 to shareholders of record on May 9, 2024.

Horizon Technology Finance Announces First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, April 30, 2024

As of March 31, 2024, there was $60.0 million in outstanding principal balance under the $150.0 million revolving credit facility (“Key Facility”).

Key Points: 
  • As of March 31, 2024, there was $60.0 million in outstanding principal balance under the $150.0 million revolving credit facility (“Key Facility”).
  • During the quarter ended March 31, 2024, Horizon experienced liquidity events from three portfolio companies.
  • During the quarter ended March 31, 2024, the Company did not repurchase any shares of its common stock.
  • On April 26, 2024, the Company’s board of directors declared monthly distributions of $0.11 per share payable in each of July, August and September 2024.

UMB Announces Agreement to Acquire Heartland Financial

Retrieved on: 
Monday, April 29, 2024

UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.

Key Points: 
  • UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.
  • “This is a historic and exciting milestone for our company,” said UMB Financial Corporation Chairman and CEO Mariner Kemper.
  • Interested parties may access the call by dialing (toll-free) 833-470-1428 or (international) 404-975-4839 and requesting to join the UMB Financial call with access code 397231.
  • BofA Securities, Inc. is serving as financial advisor to UMB and Davis Polk and Wardwell LLP is serving as UMB’s legal advisor.

Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC

Retrieved on: 
Saturday, April 27, 2024

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.
  • (“Fulton”), has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank (“Republic Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”).
  • Republic Bank depositors will become Fulton depositors and do not need to change their banking relationship to retain their federally insured deposit insurance coverage.
  • Beginning as early as tomorrow, former Republic Bank financial centers will reopen as Fulton with their regularly scheduled operating hours.

Emerging Neobanking Solutions: US Capital Global Partners with Zyng Corp. on Capital Formation Strategy

Retrieved on: 
Thursday, April 11, 2024

The engagement marks an important milestone for Zyng as it seeks to expand its operations and capitalize on emerging opportunities within the ATM, kiosk, and neobanking spaces.

Key Points: 
  • The engagement marks an important milestone for Zyng as it seeks to expand its operations and capitalize on emerging opportunities within the ATM, kiosk, and neobanking spaces.
  • With global headquarters in San Francisco and principal offices in Dallas, Philadelphia, Miami, New York, London, and Dubai, US Capital Global is a full-service global private financial group with an established track record in corporate finance, asset management, and capital formation services.
  • All private placements, securities, and other related services are offered by the group’s FINRA-member, SEC-registered broker-dealer affiliate, US Capital Global Securities LLC.
  • “Our team is committed to providing Zyng with strategic advice to help them achieve their business goals.

WestPark Announces Closing of a $6,000,000 Initial Public Offering for CDT Environmental (NASDAQ: CDTG)

Retrieved on: 
Tuesday, April 23, 2024

WestPark Capital today announced the closing of a $6,000,000 IPO for CDT Environmental Technology Investment Holdings Limited (“CDT”).

Key Points: 
  • WestPark Capital today announced the closing of a $6,000,000 IPO for CDT Environmental Technology Investment Holdings Limited (“CDT”).
  • The IPO consisted of 1,500,000 ordinary shares at a public offering price of $4.00 per share resulting in gross proceeds of $6,000,000, before offering expenses.
  • WestPark Capital, Inc. (“WestPark Capital”) was the sole book-running manager for the offering.
  • WestPark Capital provides a comprehensive range of corporate finance services, including initial public offerings, follow-on offerings, private placements, CMPOs, RDs, ATM, SIPOs and corporate finance advisory services.

Rain Technology Debuts Display Screen Branding

Retrieved on: 
Tuesday, April 23, 2024

Rain Technology , creator of the world’s most advanced directional display technologies, today announced the release of Display Screen Branding™, a switchable privacy display solution.

Key Points: 
  • Rain Technology , creator of the world’s most advanced directional display technologies, today announced the release of Display Screen Branding™, a switchable privacy display solution.
  • Display Screen Branding and other Rain Technology innovations will debut at:
    Touch Taiwan , April 24-26, 2024, in Taipei
    SID Display Week , May 14-16, 2024, in San Jose, California
    “Our 30 years of optics and photonics expertise continue to push the edge on new functionality for LCD and OLED displays across many industries — automotive, retail POS, ATM, and consumer electronics,” explained Robert Ramsey, CEO of Rain Technology.
  • “By providing a switchable layer embedded in the display, Display Screen Branding enables marketers to present a static logo or a promotional message — even when the display is off or the device is in privacy mode.”
    In a retail point-of-sale or ATM system, Display Screen Branding is embedded in Rain Technology’s switchable privacy display technologies (public or private mode) to show a logo or explanatory text to those outside of the central viewing angle during a transaction.
  • Manufacturing partner Cheng Mei Materials Technology Corp. (CMMT) will debut Display Screen Branding in Booth 4F, L912 at Touch Taiwan.