DLA Piper

EQS-News: Montano acquires another office and retail building in Hamburg for a professional pension fund

Retrieved on: 
Wednesday, April 10, 2024

April 2024 - Montano Real Estate GmbH ("Montano", www.montano.eu), a highly specialised partner for investments in commercial real estate, acquired another attractive office and retail building for a German professional pension fund.

Key Points: 
  • April 2024 - Montano Real Estate GmbH ("Montano", www.montano.eu), a highly specialised partner for investments in commercial real estate, acquired another attractive office and retail building for a German professional pension fund.
  • On behalf of a client, the asset was acquired from Ofi Invest Real Estate.
  • The Dornbusch 2-4 property is located in the northern part of Hamburg's old town, between Kleine Johannesstrasse and Pelzerstrasse in the town hall quarter.
  • POELLATH provided legal support for the transaction, WTS provided tax advice and Albrings + Müller provided technical advice and Colliers International Hamburg supported Montano in the commercial due diligence.

Atlas Lithium Secures US$ 30,000,000 Strategic Investment and Offtake Agreement from Mitsui

Retrieved on: 
Thursday, March 28, 2024

The Strategic Investment provides Atlas Lithium with immediately available funds to continue its rapid development towards revenue generation with the production and sale of high-quality, low cost, environmentally sustainable lithium concentrate.

Key Points: 
  • The Strategic Investment provides Atlas Lithium with immediately available funds to continue its rapid development towards revenue generation with the production and sale of high-quality, low cost, environmentally sustainable lithium concentrate.
  • The Strategic Investment is a culmination of the mutual interest in growing Atlas Lithium.
  • Mitsui's investment reflects confidence in our team, assets, and business model," stated Marc Fogassa, CEO and Chairman of Atlas Lithium.
  • I have watched the relationship of our companies grow and I believe that this partnership with Mitsui strengthens Atlas Lithium substantially."

High Arctic Announces 2023 Fourth Quarter and Year End Financial and Operating Results and Provides Update on Plan to Reorganize

Retrieved on: 
Monday, April 8, 2024

CALGARY, Alberta, April 08, 2024 (GLOBE NEWSWIRE) -- High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) released its’ fourth quarter and year-end results today. The audited consolidated financial statements, management discussion & analysis (“MD&A”), and annual information form for the year ended December 31, 2023 will be available on SEDAR at www.sedar.com, and on High Arctic’s website at www.haes.ca. All amounts are denominated in Canadian dollars (“CAD”), unless otherwise indicated.

Key Points: 
  • ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW
    CALGARY, Alberta, April 08, 2024 (GLOBE NEWSWIRE) -- High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) released its’ fourth quarter and year-end results today.
  • The Corporation is working with DLA Piper (Canada) LLP as legal advisor and Lightyear Capital Inc. as financial advisor on the revised reorganization plan.
  • High Arctic paid out dividends of $2.2 million in 2023 and repurchased 18,296 shares for cancellation.
  • Monthly dividends were suspended on October 23, 2023 to preserve cash to maximize the opportunity to tax-efficiently return capital.

Frontiers of Digital Finance by Biz2X Named as Fintech Ecosystem Partner for the Dubai FinTech Summit 2024 on May 8

Retrieved on: 
Wednesday, March 27, 2024

DUBAI, United Arab Emirates, March 27, 2024 (GLOBE NEWSWIRE) -- Biz2X and Dubai International Financial Centre ( DIFC ) today announced that Frontiers of Digital Finance (FDF) will be an official event at the 2024 Dubai FinTech Summit.

Key Points: 
  • DUBAI, United Arab Emirates, March 27, 2024 (GLOBE NEWSWIRE) -- Biz2X and Dubai International Financial Centre ( DIFC ) today announced that Frontiers of Digital Finance (FDF) will be an official event at the 2024 Dubai FinTech Summit.
  • FDF Dubai will feature key industry leaders from financial institutions, technology platforms, global consultancies, and government officials in an invite-only event on May 8, 2024.
  • In collaboration with DIFC Innovation Hub, the event will also spotlight Dubai's groundbreaking Vision D33 for transforming finance in the Emirates.
  • We are proud to be hosting these urgent and powerful conversations with the Frontiers of Digital Finance series."

Frontiers of Digital Finance by Biz2X Named as Fintech Ecosystem Partner for the Dubai FinTech Summit 2024 on May 8

Retrieved on: 
Wednesday, March 27, 2024

DUBAI, United Arab Emirates, March 27, 2024 (GLOBE NEWSWIRE) -- Biz2X and Dubai International Financial Centre ( DIFC ) today announced that Frontiers of Digital Finance (FDF) will be an official event at the 2024 Dubai FinTech Summit.

Key Points: 
  • DUBAI, United Arab Emirates, March 27, 2024 (GLOBE NEWSWIRE) -- Biz2X and Dubai International Financial Centre ( DIFC ) today announced that Frontiers of Digital Finance (FDF) will be an official event at the 2024 Dubai FinTech Summit.
  • FDF Dubai will feature key industry leaders from financial institutions, technology platforms, global consultancies, and government officials in an invite-only event on May 8, 2024.
  • In collaboration with DIFC Innovation Hub, the event will also spotlight Dubai's groundbreaking Vision D33 for transforming finance in the Emirates.
  • We are proud to be hosting these urgent and powerful conversations with the Frontiers of Digital Finance series."

ImpactMapper integrates with Trint to Expedite Impact Reporting and Analysis of Interviews and Reports

Retrieved on: 
Thursday, March 14, 2024

“ImpactMapper is the only impact reporting tool on the market that takes qualitative data seriously. This is incredibly important as groups all over the world are making critical social justice, equity, and environmental changes that affect rights, policies, and norms. The changes and impact they are making come to life when they are contextualized and deeper examples and stories of changes are shared. As such, we often recommend to the foundations and donors that we work with to move to oral reporting formats to better track this type of impact and to decrease the reporting burden on their partners. We also underscore the importance of qualitative data, such as interviews and focus groups, for landscaping, context, and outcome analysis. In this effort to move to trust-based reporting practices in philanthropy, transcription tools like Trint are often used. The integration with ImpactMapper strengthens trust-based reporting practices in philanthropy and gives a concrete set of tools to make this happen. The integration also supports ImpactMapper in opening up to other markets, such as journalists, companies, UX experts, and other users of Trint software that are interested in tagging their audio and video transcripts thematically, aggregating trends, and visualizing data trends across a set of stories, interviews or clients.” -- Alexandra Pittman, PhD, Founder and CEO, ImpactMapper  

Key Points: 
  • After users record an interview, focus group, or grantee reporting session in Trint, they can automatically import Trint transcripts into ImpactMapper for deeper analysis and visualization.
  • This real-time integration saves users valuable time, ensures they always have access to the newest reports and interviews and helps to ensure that transcripts are analyzed and used for impact reporting.
  • ImpactMapper has robust qualitative text analysis tools, in addition to financial and quantitative analysis and a survey tool, creating an all-in-one flexible data analysis, visualization, and impact reporting solution for users.
  • A set of equitable AI and autocoding tools is also being developed in 2024 to make impact reporting even more efficient through the ImpactMapper software.

GE Aerospace Launches as Independent, Investment-Grade Public Company Following Completion of GE Vernova Spin-Off

Retrieved on: 
Tuesday, April 2, 2024

GE Aerospace (NYSE: GE) today announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova spin-off.

Key Points: 
  • GE Aerospace (NYSE: GE) today announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova spin-off.
  • GE Aerospace will trade on the New York Stock Exchange (NYSE) under the ticker “GE”.
  • ET, GE Aerospace and GE Vernova will ring the opening bell together at the NYSE.
  • GE Aerospace Chairman and CEO H. Lawrence Culp Jr., said, “With the successful launch of three independent, public companies now complete – today marks a historic final step in the multi-year transformation of GE.

Abrigo Acquires TPG Software, Expanding Mission-critical Solutions for Financial Institutions

Retrieved on: 
Wednesday, March 27, 2024

Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, has acquired TPG Software, an industry leader in investment accounting and management solutions.

Key Points: 
  • Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, has acquired TPG Software, an industry leader in investment accounting and management solutions.
  • “We are thrilled to welcome TPG Software to the Abrigo family,” said Jay Blandford, CEO of Abrigo.
  • Abrigo and TPG Software are like-minded when it comes to placing customers first,” said Ursula Felmet, CEO of TPG Software.
  • “Together, we’ll continue to create tools that financial institutions can leverage for success.”
    DLA Piper LLP advised Abrigo on this transaction.

GCT Semiconductor Becomes a Publicly Traded Company After Completing Business Combination with Concord Acquisition Corp III, Will Commence Trading on NYSE Under Ticker Symbol "GCTS"

Retrieved on: 
Tuesday, March 26, 2024

GCT Semiconductor, Inc. (“GCT Semiconductor” or “GCT”), a leading fabless designer and supplier of advanced LTE, IoT and 5G semiconductor solutions, is pleased to announce the completion of its business combination, previously announced on November 3, 2023 with Concord Acquisition Corp III (NYSE: CNDB) (“Concord”) today.

Key Points: 
  • GCT Semiconductor, Inc. (“GCT Semiconductor” or “GCT”), a leading fabless designer and supplier of advanced LTE, IoT and 5G semiconductor solutions, is pleased to announce the completion of its business combination, previously announced on November 3, 2023 with Concord Acquisition Corp III (NYSE: CNDB) (“Concord”) today.
  • Commencing at the opening of trading on March 27, 2024, GCT common shares and warrants to purchase common shares will be listed on the NYSE under the ticker symbols “GCTS” and “GCTSW,” respectively.
  • The transaction has provided the combined company with approximately $50 million of gross proceeds to fuel its continued growth.
  • DLA Piper LLP (US) is acting as legal advisor to TD Cowen and B. Riley Securities, Inc.

bluebird bio Secures up to $175 Million Debt Financing with Hercules Capital

Retrieved on: 
Monday, March 18, 2024

bluebird bio, Inc. (NASDAQ: BLUE) (“bluebird bio” or the “Company”) today announced that it has entered into a $175 million five-year, term loan facility with Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”).

Key Points: 
  • bluebird bio, Inc. (NASDAQ: BLUE) (“bluebird bio” or the “Company”) today announced that it has entered into a $175 million five-year, term loan facility with Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”).
  • The term loan facility provides for up to $175 million of term loans in aggregate, available in four tranches.
  • This financing should help support the availability of their novel gene therapies for patients,” added John Miotti, Principal at Hercules Capital.
  • Latham & Watkins LLP served as legal counsel to bluebird and DLA Piper served as legal counsel to Hercules.