Transaction

Tricon Residential Inc. Announces Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate

Retrieved on: 
Thursday, April 25, 2024
Residential Building & Real Estate, Construction & Property, Professional Services, Finance, Indian stock exchange, TCN, Competition Act, TSX, Toronto Stock Exchange, Transaction, Arrangement, Letter, Investment Canada Act, Security (finance)

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced receipt of Investment Canada Act approval in connection with the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc., will acquire all of the outstanding common shares of Tricon (“Common Shares”) for US$11.25 per Common Share in cash (the “Transaction”).

Key Points: 
  • Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced receipt of Investment Canada Act approval in connection with the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc., will acquire all of the outstanding common shares of Tricon (“Common Shares”) for US$11.25 per Common Share in cash (the “Transaction”).
  • The Transaction previously received clearance under the Competition Act (Canada) and shareholder approval, and the parties have received a final order from the Ontario Superior Court of Justice (Commercial List) approving the Arrangement.
  • No further regulatory or shareholder approvals are required in connection with the Transaction.
  • Subject to the satisfaction or waiver of certain customary closing conditions, the Transaction is expected to be completed on or around May 1, 2024.

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Global Cord Blood Corporation Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – CO, CORBF

Retrieved on: 
Wednesday, April 24, 2024
Class Action Lawsuit, Professional Services, Legal, Titan, Advertising, OTC, Class, Court, Transaction

WHAT TO DO NEXT: To join the Global Cord class action, go to https://rosenlegal.com/submit-form/?case_id=20009 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Global Cord class action, go to https://rosenlegal.com/submit-form/?case_id=20009 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

New Found to Acquire Labrador Gold’s Kingsway Project

Retrieved on: 
Monday, April 22, 2024
Natural Resources, Other Natural Resources, Mining, Minerals, Sale, Agreement, AFZ, OTCQX, CDN, FNR, Acquisition, Transaction, Gold, Multimedia, TSX Venture Exchange, NFG

View the full release here: https://www.businesswire.com/news/home/20240422537394/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240422537394/en/
    Figure 1: Location of the Kingsway Project (Graphic: Business Wire)
    Greg Matheson, COO of New Found, stated: “The acquisition of the Kingsway Project announced today is a significant building block to the district scale potential of the Queensway Project.
  • Kingsway today is reminiscent of Queensway when New Found acquired the project back in 2016 with numerous early discoveries and large swaths of underexplored structures that later evolved into significant mineralized zones.
  • New Found’s base of geologic knowledge of the central Newfoundland Gold Belt and the AFZ will be applied to the Kingsway Project to expand on existing discovery areas and to identify additional mineralized zones.
  • New Found is well capitalized and has significant exploration infrastructure and an experienced exploration team in place that will allow for efficient exploration that is required to unlock the mineral potential at the Kingsway Project.

Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students

Retrieved on: 
Tuesday, April 16, 2024
Technology, Retail, Office Products, Entertainment, Finance, Books, Online Retail, Professional Services, University, Publishing, Primary, Secondary, Software, Education, Communications, Sale, Prospectus, LLP, Common, Pillsbury Winthrop Shaw Pittman, Immersion Corporation, FC Volna Pinsk, Berkeley Research Group, Common stock, Transaction, Special, Sales management, Subscription business model, Rights, Houlihan Lokey, Immersion, Student, VitalSource, Noble College, Machilipatnam, Security (finance)

The refinanced ABL Facility will meaningfully enhance BNED’s financial flexibility and reduce its annual interest expense.

Key Points: 
  • The refinanced ABL Facility will meaningfully enhance BNED’s financial flexibility and reduce its annual interest expense.
  • Additional information regarding the Transactions can be found in the Form 8-K to be filed with the SEC.
  • Paul Hastings LLP is serving as legal advisor and Houlihan Lokey, Inc. and Berkeley Research Group, LLC are serving as financial advisors to BNED.
  • Pillsbury Winthrop Shaw Pittman LLP is serving as legal advisor and BTIG LLC is serving as financial advisor to Immersion Corporation.

Encore Wire to Be Acquired by Prysmian for $290.00 Per Share in Cash

Retrieved on: 
Monday, April 15, 2024
Other Manufacturing, Environment, Other Energy, Utilities, Manufacturing, Sustainability, Energy, Other Natural Resources, Natural Resources, VWAP, Copper, CFO, Mergers and acquisitions, BIT, Republic, Communication, Proxy, Electrification, Plant, Digital Solutions, Transaction, Acquisition, Power Grid, Organization, Enterprise value, Disclosure, Cryptocurrency

Encore Wire (NASDAQ: WIRE) today announced that it has entered into a definitive merger agreement under which Prysmian (BIT: PRY) will acquire Encore Wire for $290.00 per share in cash (the “Transaction”).

Key Points: 
  • Encore Wire (NASDAQ: WIRE) today announced that it has entered into a definitive merger agreement under which Prysmian (BIT: PRY) will acquire Encore Wire for $290.00 per share in cash (the “Transaction”).
  • “This transaction maximizes value for Encore Wire shareholders and provides an attractive premium for their shares.
  • Encore Wire and Prysmian are two highly complementary organizations, and we anticipate a bright future for Encore Wire as part of Prysmian.
  • J.P. Morgan Securities LLC is acting as sole financial advisor to Encore Wire and O’Melveny & Myers LLP is acting as legal advisor.

Taro Announces Extraordinary General Meeting and Ordinary Class Meeting of Shareholders for Approval of Merger with Sun Pharmaceutical Industries Ltd.

Retrieved on: 
Monday, April 15, 2024
Biotechnology, General Health, Pharmaceutical, Health, TDC, Agreement, Meeting, Sun Pharma, Proxy, Transaction, SPH, Sub, Form 6-K, Ordinary, Common stock, Private law, Person, Security (finance)

Following the Ordinary Class Meeting, a class meeting of the holders of the Company’s founders’ shares (the “Founder Shares”) will be held.

Key Points: 
  • Following the Ordinary Class Meeting, a class meeting of the holders of the Company’s founders’ shares (the “Founder Shares”) will be held.
  • If the Merger is completed, Taro will become a privately held company and its shares will no longer be listed on the NYSE.
  • If the Transactions are approved at the Meetings, it is expected that the Transactions will close in late June.
  • In connection with the Transactions, Taro will prepare and mail to its shareholders a proxy statement that will include a copy of the merger agreement.

Great Ajax Corp. Announces Record Date for Stockholders Meeting to Approve Strategic Transaction With Rithm Capital Corp.

Retrieved on: 
Wednesday, April 10, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, REIT, Other Construction & Property, Residential Building & Real Estate, Meeting, GREAT, Security (finance), Communication, RCM, Transaction, Moss Adams, Trust

The Company will present the preceding proposals at the Meeting in order to obtain the vote of the Company’s stockholders.

Key Points: 
  • The Company will present the preceding proposals at the Meeting in order to obtain the vote of the Company’s stockholders.
  • For more information about the Meeting and the Transaction, please see Great Ajax’s Current Report on Form 8-K, accessible on Great Ajax’s website.
  • This communication may be deemed to be solicitation material in respect of obtaining approval of the stockholders of Great Ajax of the proposed transactions (the “Stockholder Approval”).
  • Great Ajax and its executive officers, directors, other members of management and employees may be deemed, under SEC rules, to be participants in the solicitation of proxies from Great Ajax’s stockholders with respect to the proposed transaction.

SILVERCORP TO ACQUIRE ADVENTUS, CREATING A GEOGRAPHICALLY DIVERSIFIED MINING COMPANY BY ADDING THE ADVANCED EL DOMO PROJECT

Retrieved on: 
Friday, April 26, 2024
VWAP, Copper, Lead, PEA, Silver, EMS, Metal, Par value, Government, SVM, Zinc, TSX, ISO, Condor, History, Mineral Resources Limited, Toronto Stock Exchange, Gold, ESG, Transaction, Silvercorp Metals, Social responsibility, TSX Venture Exchange, Security (finance)

At closing, existing Silvercorp and Adventus shareholders will own approximately 81.6% and 18.4%, respectively, of Silvercorp shares outstanding on a fully-diluted in-the-money basis.

Key Points: 
  • At closing, existing Silvercorp and Adventus shareholders will own approximately 81.6% and 18.4%, respectively, of Silvercorp shares outstanding on a fully-diluted in-the-money basis.
  • We would also like to acknowledge the hard work and contributions to the El Domo project by our future partners at Salazar Resources.
  • Silvercorp will continue to work collaboratively with Salazar as El Domo is advanced into construction and ultimately operations."
  • Combining the companies positions us well to deliver on El Domo and our other projects in collaboration with the government, local communities, and all stakeholders."

U.S. Gold Corp. Closes $4.9 Million Non-Brokered Registered Direct Offering

Retrieved on: 
Thursday, April 25, 2024
Sale, Transaction, Gold, USAU, Bank

The aggregate gross proceeds from the Transactions totaled approximately $4.9 million and closed on April 24, 2024.

Key Points: 
  • The aggregate gross proceeds from the Transactions totaled approximately $4.9 million and closed on April 24, 2024.
  • U.S. Gold intends to use the net proceeds from the Transactions for working capital and other general corporate purposes.
  • "On behalf of the Company, I would like to personally thank several of our long-term existing shareholders for leading this offering.
  • Additionally, we continue to hold our promising exploration assets, the Keystone Project in Nevada and the Challis Gold Project in Idaho, which we anticipate advancing in due course."

DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Global Cord

Retrieved on: 
Wednesday, April 24, 2024
LLP, Cayman Islands, News, Advertising, Petition, OTC, Defendant, Court, Transaction, Multimedia, Form 6-K, Joint, Cryptocurrency

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.

Key Points: 
  • Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • The firm has recovered hundreds of millions of dollars for investors since its founding in 1995.
  • Following the appointment of the Joint Provisional Liquidators, the NYSE halted trading in Global Cord's ordinary shares, effective September 23, 2022.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Global Cord's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.