Transaction | Jotup

Captiva Verde Wellness Launches Season 2 of the Miami Padel Club of the Professional Padel League

Retrieved on:

Monday, April 1, 2024

Hosted in the home city of the Miami Padel Club, the first-round championship play will occur from April 2 to April 14 at the Ultra Club in Miami.

Key Points:

Hosted in the home city of the Miami Padel Club, the first-round championship play will occur from April 2 to April 14 at the Ultra Club in Miami.
The Miami Padel Club is wholly owned by Captiva Verde.
The Miami Padel Club is the only public share trading company in the entire world of Padel.
With 25 million active players around the world, all of these players now have an opportunity to become a Miami Padel Club (Captiva Verde) shareholder.

WonderFi Announces Expansion into Australia

Retrieved on:

Tuesday, March 19, 2024

Bitcoin, Ethereum, Deutsche Bank, FXI, Coinsquare, Head, TSX, OTC, HSBC, Clyde & Co, Transaction, Cryptocurrency

FXI is registered in Australia to offer crypto trading and payment remittances within the region.

Key Points:

FXI is registered in Australia to offer crypto trading and payment remittances within the region.
WonderFi, through FXI, will launch over-the-counter (OTC) trading services in Australia in Q2 2024, with plans to roll out a comprehensive suite of offerings for retail and institutional traders in Q3 2024.
Tim Lo, recently appointed as Head of Sales in the Asia-Pacific (APAC) region, will spearhead the go-to-market strategy in Australia.
With its high cryptocurrency adoption rates and vibrant digital asset community, the Australian market has tremendous potential for WonderFi.

Green Shift Closes Previously Announced Sale of the Berlin Project, Colombia

Retrieved on:

Tuesday, April 9, 2024

Shift, Uranium, GCOM, Consideration, Target, Tax, Project, Property, Sale, NSR, OTCQB, CDN, Transaction

TORONTO, April 09, 2024 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has closed the previously announced (see previous press release dated December 11, 2023), sale (the “Transaction”) of its Berlin Project (“Berlin” or the “Project”) located in Caldas, Colombia to Jaguar Uranium Corp. (formally Latam Battery Metals Inc.) (“Jaguar”).

Key Points:

TORONTO, April 09, 2024 (GLOBE NEWSWIRE) -- Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has closed the previously announced (see previous press release dated December 11, 2023), sale (the “Transaction”) of its Berlin Project (“Berlin” or the “Project”) located in Caldas, Colombia to Jaguar Uranium Corp. (formally Latam Battery Metals Inc.) (“Jaguar”).
Trumbull Fisher, CEO and Director of GCOM, commented, “We are pleased to complete this transaction which offers GCOM several benefits.
Firstly, with multiple lithium exploration opportunities, our portfolio now appropriately reflects our exploration focus and technical expertise in Canada and Argentina.
GCOM issued 3,333,333 common shares to Generic Capital Corp. as compensation for advisory services in connection with the Transaction.

Alamos and Argonaut Close Previously Announced Private Placement

Retrieved on:

Thursday, April 4, 2024

Indian stock exchange, Private placement, Private, Common, AGI, Attention, Brookfield Place, Suite, TSX, Transaction, Security (finance)

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) today announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed (the “Private Placement”) for 174,825,175 common shares of Argonaut (the “Acquired Shares”), representing approximately 13.8% of Argonaut’s total outstanding common shares (the “Common Shares”) after giving effect to the Private Placement.

Key Points:

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) today announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed (the “Private Placement”) for 174,825,175 common shares of Argonaut (the “Acquired Shares”), representing approximately 13.8% of Argonaut’s total outstanding common shares (the “Common Shares”) after giving effect to the Private Placement.
The Private Placement was conducted pursuant to the terms of the arrangement agreement between Alamos and Argonaut entered into on March 27, 2024 (the “Arrangement Agreement”) pursuant to which Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement (the “Transaction”).
Immediately prior to the closing of the Private Placement, Alamos did not have beneficial ownership of, or control or direction over, any Common Shares.
After giving effect to the Private Placement, Alamos has beneficial ownership of, or control or direction over, 174,825,175 Common Shares, or approximately 13.8% of the issued and outstanding Common Shares.

Exela Technologies Holdings, Inc. Reports Full Year 2023 Results

Retrieved on:

Thursday, April 4, 2024

Automation, Capital expenditure, Growth, Data science, Information, FAO, Adjustment, Investment, Cloud computing, Exela Technologies, Transaction, Beauty salon

“2023 was a challenging year with focus on stabilizing revenues and recovering from the effects of our network outage in 2022.

Key Points:

“2023 was a challenging year with focus on stabilizing revenues and recovering from the effects of our network outage in 2022.
We maintained our focus on cost management and leveraging automation, and have 2023 initiatives in process continuing into 2024 to achieve our margin improvement goals.
We improved gross margins and operating income, however we did not accomplish all of our goals in 2023 and have room to grow,” said Par Chadha, Executive Chairman of Exela Technologies.
Net Loss: Net loss for 2023 was $124.4 million ($125.1 attributable to Exela Technologies Inc), an improvement of $291.4 million compared with a net loss of $415.6 million in 2022.

Alamos Gold Announces Closing of Orford Mining Acquisition

Retrieved on:

Wednesday, April 3, 2024

AGI, Acquisition, TSX, Justice, Transaction

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported the completion of the previously announced acquisition (the “Transaction”) of all the issued and outstanding common shares of Orford Mining Corporation (TSXV:ORM) (“Orford Mining”).

Key Points:

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported the completion of the previously announced acquisition (the “Transaction”) of all the issued and outstanding common shares of Orford Mining Corporation (TSXV:ORM) (“Orford Mining”).
A Final Order was granted by the Ontario Superior Court of Justice on April 2, 2024 approving the Plan of Arrangement pursuant to which the Transaction was implemented.
“We are pleased to complete the acquisition of Orford Mining and its highly prospective Qiqavik Gold Project, located in Northern Quebec.
The acquisition is consistent with our strategy of building out a pipeline of high-quality, long-term projects, in good jurisdictions to complement our near-term organic growth projects in Canada,” said John A. McCluskey, President and Chief Executive Officer.

Xcyte Digital Corp. Purchases Assets of A+ Conferencing

Retrieved on:

Wednesday, April 3, 2024

Partnership, Transaction, Acquisition

Xcyte will make a cash payment of US$300K at the closing of the Transaction (the "Closing") today.

Key Points:

Xcyte will make a cash payment of US$300K at the closing of the Transaction (the "Closing") today.
A+ Conferencing operates a full-service conferencing services business, providing audio, video, and web conferencing services for medium to high volume customers, resellers, and agents.
A+ Conferencing provides a comprehensive range of services, from reservation-less conference calling to web conferencing and video email, tailored to meet specific client needs.
"The combination of the A+ and Xcyte businesses creates a company with a combined 30+ years of experience and talent.

Announcement Execution of Memorandum of Understanding for Share Acquisition (Subsidiarization)

Retrieved on:

Wednesday, April 3, 2024

MOU, Target, Genetic testing, Relaxation, Fetus, Acquisition, Outline, Test management, Woman, Disorder, Transaction, Security (finance)

The Target Company is a company engaged in a prenatal diagnosis business providing genetic testing and analysis services.

Key Points:

The Target Company is a company engaged in a prenatal diagnosis business providing genetic testing and analysis services.
We believe that business synergies will be generated as we aim to improve the value of the customer experience.
This acquisition is in line with our ongoing strategy of obtaining assets which can contribute to expanding our presence in Japan.
Making the Target Company our subsidiary by purchase of shares (cash settlement), share exchange (kabushiki koukan) or other methods, or a combination thereof.

View, Inc. Reaches Agreement with Cantor Fitzgerald and RXR to Become a Private Company

Retrieved on:

Tuesday, April 2, 2024

Letter, RXR, RXR Realty, Security (finance), P.C, Gibson Dunn, Sidley Austin, Transaction, Hearing, Cryptocurrency

MILPITAS, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), a leader in smart building technologies, today announced it reached an agreement with Cantor Fitzgerald, L.P. (“Cantor Fitzgerald”), RXR Realty (“RXR”), and certain of the Company’s stakeholders on the terms of a financial restructuring that is designed to strengthen the firm’s balance sheet and better position View for the future (the “Proposed Transaction”).

Key Points:

View also expects that trade claims will be unaffected, orders will continue to be fulfilled, and customers will continue to be supported.
The Company expects to obtain court approval for the Proposed Transaction within 45 days of April 2, 2024.
To facilitate the Proposed Transaction, View, Cantor Fitzgerald, RXR, and certain other investors have executed a Restructuring Support Agreement, dated April 2, 2024 (the “Restructuring Support Agreement”).
Sidley Austin LLP serves as legal advisor to Cantor Fitzgerald.

Appili Therapeutics Signs Definitive Agreement to be Acquired by Aditxt, Inc.

Retrieved on:

Tuesday, April 2, 2024

HALIFAX, Nova Scotia, April 02, 2024 (GLOBE NEWSWIRE) -- Appili Therapeutics Inc. (TSX: APLI; OTCPink: APLIF) (“Appili”), a biopharmaceutical company focused on drug development for infectious diseases and medical countermeasures, today announced that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which Aditxt Inc. (NASDAQ: ADTX) (“Aditxt”), a Richmond, Virginia- based company dedicated to discovering, developing, and deploying promising health innovation, through its wholly-owned subsidiary, Adivir, Inc. (“Adivir” or the “Buyer”), agreed to acquire all of the issued and outstanding Class A common shares (the "Appili Shares") of Appili by way of a court-approved plan of arrangement under the Canada Business Corporations Act (the "Transaction").

Key Points:

We welcome this new chapter, confident that together, we will achieve even greater heights in deploying innovative healthcare solutions.” said Dr. Don Cilla, President and CEO of Appili Therapeutics.
Under the terms of the Arrangement Agreement, Adivir will acquire all of the issued and outstanding Appili Shares, with each Appili Shareholder receiving the Transaction Consideration.
The Transaction is subject to the approval of at least two-thirds of the votes cast by the Appili Shareholders at the Appili Meeting.
Bloom Burton Securities Inc. acted as financial advisor to the Appili Board and BDO Canada LLP acted as independent financial advisor to the Appili Special Committee.