Stifel

NETSTREIT Corp. Announces Pricing of Upsized Forward Common Stock Offering

Retrieved on: 
Wednesday, January 10, 2024
Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Comerica, Partnership, Stifel, Prospectus, BofA Securities, Sale, Bank of America, Scotiabank, Wells Fargo, Citigroup, Attention, TD Securities, Exercise, Security (finance)

NETSTREIT Corp. (the “Company”) announced today that it has priced a public offering of 9,600,000 shares of its common stock at a public offering price of $18.00 per share in connection with the forward sale agreements described below.

Key Points: 
  • NETSTREIT Corp. (the “Company”) announced today that it has priced a public offering of 9,600,000 shares of its common stock at a public offering price of $18.00 per share in connection with the forward sale agreements described below.
  • The Company has granted the underwriters a 30-day option to purchase up to an additional 1,440,000 shares of common stock.
  • Wells Fargo Securities and BofA Securities are acting as book-running managers and representatives of the underwriters for the offering.
  • The Company initially will not receive any proceeds from the sale of shares of its common stock by the forward purchasers.

Chris Sacks Joins Lochner as Vice President of Corporate Development

Retrieved on: 
Monday, January 8, 2024
Lochner v. New York, Stifel, Investment banking, University, Business, Consultant, Acquisition, Sack, KOA Corporation, MBA, Engineering, Bucknell University, Corporate development, Management

Lochner, Inc. ( Lochner ), a leading provider of infrastructure planning and engineering services, is pleased to announce that Chris Sacks has joined Lochner as Vice President of Corporate Development, reporting to the company's Chief Operating Officer and Chief Financial Officer Jim Doyna.

Key Points: 
  • Lochner, Inc. ( Lochner ), a leading provider of infrastructure planning and engineering services, is pleased to announce that Chris Sacks has joined Lochner as Vice President of Corporate Development, reporting to the company's Chief Operating Officer and Chief Financial Officer Jim Doyna.
  • "We look forward to leveraging Chris' business acumen and strategic insights to further advance our position as an A/E industry leader."
  • Sacks brings to Lochner diverse M&A and investment experience spanning engineering, manufacturing, industrial technology, and business services.
  • He previously served as Investment Director for Re:Build Manufacturing, a domestically-focused industrial technology conglomerate.

PAYC 3-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Paycom Software (PAYC) Investors with Substantial Losses to Contact Firm’s Attorneys Before Jan. 9th Deadline in Securities Fraud Class Action

Retrieved on: 
Saturday, January 6, 2024
Research, Growth, Person, Cannibalization, BMO Capital Markets, Hagens Berman, Stifel, SAN, Life insurance

SAN FRANCISCO, Jan. 06, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Jan. 06, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • Stifel Nicolaus similarly downgraded PAYC from a "buy" rating to a "hold" rating and dropped their price target from $400.00 to $160.00 on Nov. 1.
  • Apart from analyst downgrades, Paycom and its executives face a securities class action brought by investors.

Thoma Bravo Completes Strategic Investment in BlueMatrix

Retrieved on: 
Thursday, January 4, 2024
Research, Kirkland & Ellis, Thoma Bravo, Workflow, Publishing, Culture, Stifel, P.C, Golub Capital, Partner

MIAMI and DURHAM, N.C., Jan. 4, 2024 /PRNewswire/ -- Thoma Bravo, a leading software investment firm, today announced the completion of its strategic growth investment in BlueMatrix, a leading end-to-end content creation and distribution platform for investment research providers.

Key Points: 
  • MIAMI and DURHAM, N.C., Jan. 4, 2024 /PRNewswire/ -- Thoma Bravo, a leading software investment firm, today announced the completion of its strategic growth investment in BlueMatrix, a leading end-to-end content creation and distribution platform for investment research providers.
  • Founded in 1999, BlueMatrix's best-in-class investment research and publishing platform provides investment banks and research analysts with a comprehensive solution across the highly regulated investment research production workflow.
  • Thoma Bravo's investment is expected to enable BlueMatrix to accelerate global growth and innovation.
  • "BlueMatrix's fully integrated, cloud-based solutions meet the critical needs of investment banks and research analysts working within the highly regulated investment research industry," said Adam Solomon, a Partner at Thoma Bravo.

Paycom Software (PAYC) Faces Investor Fraud Lawsuit for Concealing the Adverse Impact its Beti Product Had on Other Offerings – Hagens Berman

Retrieved on: 
Wednesday, January 3, 2024
Research, Growth, Person, Cannibalization, BMO Capital Markets, Hagens Berman, Stifel, SAN

SAN FRANCISCO, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • Paycom Software, Inc. (NYSE: PAYC) Securities Fraud Class Action:
    “The litigation focuses on whether Paycom knew and should have disclosed challenges associated with the ongoing transition to its new payroll solution, Beti,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • In response, the price of Paycom shares crashed $94.28 lower (or 38%) on Nov. 1, 2023.

Q4 Inc. Files and Mails Management Information Circular for Special Meeting of Shareholders to Approve Proposed Acquisition by Sumeru Equity Partners

Retrieved on: 
Wednesday, January 3, 2024
Technology, Other Communications, Finance, Security, Fintech, Public Relations, Investor Relations, Communications, Professional Services, Software, Data Analytics, Raymond James Financial, Consideration, Liquidity, Circular, Inc., Indian stock exchange, Acquisition, Committee, Stifel, Rolling, Arrangement, Meeting, IPO, TSX, Toronto Stock Exchange, Security (finance)

The Circular also provides information on related matters, including voting procedures, how to attend the virtual Meeting and instructions for Shareholders unable to attend the Meeting.

Key Points: 
  • The Circular also provides information on related matters, including voting procedures, how to attend the virtual Meeting and instructions for Shareholders unable to attend the Meeting.
  • The Meeting will be held virtually via live audio webcast accessed as more particularly set out in the Meeting Materials.
  • Julie Silcock, independent director and Chair of the independent Special Committee said, "The all-cash agreement with Sumeru Equity Partners delivers significant, immediate value to shareholders.
  • In assessing the transaction, the Special Committee considered a variety of reasons and factors, which are detailed in the Company’s management information circular.

PAYC 9-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Paycom Software (PAYC) Investors with Substantial Losses to Contact Firm’s Attorneys Before Jan. 9th Deadline in Securities Class Action

Retrieved on: 
Sunday, December 31, 2023
Research, Growth, Person, Cannibalization, BMO Capital Markets, Hagens Berman, Stifel, SAN, Life insurance

SAN FRANCISCO, Dec. 31, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Dec. 31, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • Stifel Nicolaus similarly downgraded PAYC from a "buy" rating to a "hold" rating and dropped their price target from $400.00 to $160.00 on Nov. 1.
  • Apart from analyst downgrades, Paycom and its executives face a securities class action brought by investors.

Paycom Software (PAYC) Faces Investor Fraud Lawsuit for Concealing the Adverse Impact its Beti Product Had on Other Offerings – Hagens Berman

Retrieved on: 
Friday, December 29, 2023
Research, Growth, Person, Cannibalization, BMO Capital Markets, Hagens Berman, Stifel, SAN

SAN FRANCISCO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • Paycom Software, Inc. (NYSE: PAYC) Securities Fraud Class Action:
    “The litigation focuses on whether Paycom knew and should have disclosed challenges associated with the ongoing transition to its new payroll solution, Beti,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • In response, the price of Paycom shares crashed $94.28 lower (or 38%) on Nov. 1, 2023.

Analysts Downgrade Paycom Software (PAYC) in Aftermath of Investor Class Action – Hagens Berman

Retrieved on: 
Monday, December 25, 2023
Research, Growth, Person, Cannibalization, BMO Capital Markets, Hagens Berman, Stifel, SAN, Life insurance

SAN FRANCISCO, Dec. 25, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Dec. 25, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • Paycom Software, Inc. (NYSE: PAYC) Securities Fraud Class Action:
    “The litigation focuses on whether Paycom knew and should have disclosed challenges associated with the ongoing transition to its new payroll solution, Beti,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • Apart from analyst downgrades, Paycom and its executives face a securities class action brought by investors.

Investors Sue Paycom Software (PAYC) For Concealing the Adverse Impact its Beti Product Had on Other Offerings – Hagens Berman

Retrieved on: 
Friday, December 22, 2023
Research, Growth, Person, Cannibalization, BMO Capital Markets, Hagens Berman, Stifel, SAN, Life insurance

SAN FRANCISCO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Paycom Software, Inc. (NYSE: PAYC) investors who suffered substantial losses to submit your losses now .
  • Paycom Software, Inc. (NYSE: PAYC) Securities Fraud Class Action:
    “The litigation focuses on whether Paycom knew and should have disclosed challenges associated with the ongoing transition to its new payroll solution, Beti,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • After Paycom delivered its 3Q 2023 results, BMO Capital Markets dropped their price target on PAYC over 40%, from $320.00 to $190.00 in a research note dated Nov. 1.
  • Apart from analyst downgrades, Paycom and its executives face a securities class action brought by investors.