Fortification

Stronghold Announces Third Quarter 2023 Operating and Financial Results and Launches Carbon Capture Initiative

Retrieved on: 
Tuesday, November 14, 2023

Stronghold and third-party engineering, design, and construction partners have developed direct air capture (“DAC”) technology to utilize the beneficial use ash to capture CO2.

Key Points: 
  • Stronghold and third-party engineering, design, and construction partners have developed direct air capture (“DAC”) technology to utilize the beneficial use ash to capture CO2.
  • Network hash rate grew ~9% sequentially from the second quarter of 2023 to the third quarter 2023.
  • On December 12, 2023, Stronghold will host an analyst and investor day in New York, NY to discuss the carbon capture initiative and other items.
  • To access the call by phone, please use the following link Stronghold Digital Mining Third Quarter 2023 Earnings Call .

Fortress Biotech Announces Pricing of $10.0 Million Public Offering

Retrieved on: 
Friday, November 10, 2023

Certain directors and officers of the Company participated in the offering and purchased an aggregate amount of approximately $2.9 million of units at the same purchase price.

Key Points: 
  • Certain directors and officers of the Company participated in the offering and purchased an aggregate amount of approximately $2.9 million of units at the same purchase price.
  • The gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $10.0 million.
  • The offering is expected to close on or about November 14, 2023, subject to the satisfaction of customary closing conditions.
  • The offering is being made only by means of a prospectus which is a part of the effective registration statement.

Fortress Biotech Announces Launch of Proposed Public Offering

Retrieved on: 
Thursday, November 9, 2023

All of the shares of common stock, pre-funded warrants and accompanying warrants are being offered by Fortress.

Key Points: 
  • All of the shares of common stock, pre-funded warrants and accompanying warrants are being offered by Fortress.
  • Certain directors and officers of the Company may participate in the offering.
  • Roth Capital Partners is acting as exclusive placement agent for the offering on a reasonable best-efforts basis.
  • The offering is being made only by means of a prospectus which is a part of the effective registration statement.

Agency Habitat Marks 50th Anniversary, with an Eye to the Future

Retrieved on: 
Tuesday, December 12, 2023

Agency Habitat, Fort Worth’s most dynamic marketing firm, is proud to commemorate its 50th anniversary.

Key Points: 
  • Agency Habitat, Fort Worth’s most dynamic marketing firm, is proud to commemorate its 50th anniversary.
  • “The old agency model doesn’t work anymore,” said Neil Foster, Habitat President and CEO.
  • “Especially with the prevalence of social media, you need to produce a lot more content than in the past.
  • So we invite change, and we are well-positioned to keep thriving and innovating, and, really, learning.”
    For more information about Agency Habitat, visit www.agencyhabitat.com and follow on LinkedIn and Instagram.

Fortress Announces Acquisition of Multi-Manager Platform, Hiring of Jeff Runnfeldt as Chief Investment Officer

Retrieved on: 
Monday, December 11, 2023

Fortress Investment Group LLC (“Fortress”) today announced the acquisition of a global multi-manager hedge fund offering from PineBridge Investments and the hiring of Jeff Runnfeldt as Chief Investment Officer of a new global multi- manager investment platform, the Fortress Multi-Manager Group (“Fortress MMG”).

Key Points: 
  • Fortress Investment Group LLC (“Fortress”) today announced the acquisition of a global multi-manager hedge fund offering from PineBridge Investments and the hiring of Jeff Runnfeldt as Chief Investment Officer of a new global multi- manager investment platform, the Fortress Multi-Manager Group (“Fortress MMG”).
  • )” As of the closing, this platform has been renamed Fortress Multi-Manager Group.
  • Mr. Runnfeldt will join the Fortress MMG leadership team in October 2024 as Chief Investment Officer.
  • Fortress co-CEOs Drew McKnight and Josh Pack said in a joint statement, “We are pleased to announce the acquisition of this multi-manager platform and to welcome Jeff, Todd and team to Fortress.

Cloud Range Wins 2023 ASTORS Homeland Security Award

Retrieved on: 
Wednesday, November 22, 2023

Cloud Range , the industry’s leading cyber range-as-a-service solution to reduce exposure to cyber risk across the organization, today announced it has received the platinum award for Best Cyber Defense Team Training in American Security Today’s 2023 ‘ASTORS’ Awards, the preeminent U.S.

Key Points: 
  • Cloud Range , the industry’s leading cyber range-as-a-service solution to reduce exposure to cyber risk across the organization, today announced it has received the platinum award for Best Cyber Defense Team Training in American Security Today’s 2023 ‘ASTORS’ Awards, the preeminent U.S.
  • Cloud Range was recognized for its FlexRange™ Cyber Range and Simulation Platform .
  • “We are honored that American Security Today’s distinguished 2023 ‘ASTORS’ Awards Program has recognized our achievements in strengthening the cyber resilience of government and commercial organizations in today’s increasingly expanding threat landscape,” said Debbie Gordon, Cloud Range CEO.
  • “Today, the United States is increasingly focusing on protecting IT/cyber security networks and they are calling on innovative companies like Cloud Range to help them do so.

KBRA Releases Research – Canadian CMBS Loan Default and Loss Study

Retrieved on: 
Thursday, November 16, 2023

KBRA releases its Canadian CMBS loan default and loss study, which reviews Canadian commercial mortgage-backed securities (CMBS) loans generally originated for securitization between Q4 1998 and Q2 2022.

Key Points: 
  • KBRA releases its Canadian CMBS loan default and loss study, which reviews Canadian commercial mortgage-backed securities (CMBS) loans generally originated for securitization between Q4 1998 and Q2 2022.
  • Most of the study population includes loans that amortize (96.1%) over the loan term.
  • The cumulative default rate within the study population is 3.8% (135 loans defaulted) based on the performance data from 1998 through Q2 2023.
  • The average loss severity of loans with losses is 5.9%, and the loss severity of loans with losses >2% is 39%.

Compass Minerals Reports Fiscal Fourth-Quarter and Full-Year 2023 Results

Retrieved on: 
Thursday, November 16, 2023

Fiscal 2023 fourth-quarter results primarily reflect weaker Plant Nutrition segment sales offset by improved profitability in the Salt business versus the comparable year-ago period.

Key Points: 
  • Fiscal 2023 fourth-quarter results primarily reflect weaker Plant Nutrition segment sales offset by improved profitability in the Salt business versus the comparable year-ago period.
  • Consolidated operating earnings for fiscal 2023 were $79.1 million, up $36.2 million year over year, and adjusted EBITDA of $200.8 million rose $12.3 million year over year.
  • During the year, Compass Minerals completed the acquisition of the remaining 55% of Fortress, bringing the company to full ownership.
  • Net cash provided by operating activities amounted to $101.1 million for fiscal 2023, down $19.4 million year over year.

Upfort Wins 2023 Fortress Cybersecurity Award and Top InfoSec Innovator Award

Retrieved on: 
Wednesday, November 15, 2023

Earlier this year, Upfort was honored by Business Intelligence Group with the prestigious Fortress Cybersecurity Award for “Organizational Excellence”, which highlights and recognizes solutions that take a holistic approach to integrating all aspects of cybersecurity.

Key Points: 
  • Earlier this year, Upfort was honored by Business Intelligence Group with the prestigious Fortress Cybersecurity Award for “Organizational Excellence”, which highlights and recognizes solutions that take a holistic approach to integrating all aspects of cybersecurity.
  • Specifically recognized as “Most Innovative in SMB Cybersecurity,” Upfort was also named a 2023 Top InfoSec Innovator Winner by Cyber Defense Magazine, the industry’s leading electronic information security magazine.
  • “We are so proud to name Upfort as a winner in the 2023 Fortress Cyber Security Awards program,” said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group.
  • Last month – marking Cybersecurity Awareness Month – Upfort announced its $8 million Series A investment round led by SYN Ventures.

Marriott Sanibel Harbour Resort & Spa Opens Fully Renovated Spa at Sanibel Harbour

Retrieved on: 
Wednesday, November 29, 2023

Owned and managed by Columbia Sussex , the Marriott Sanibel Harbour Resort & Spa offers a captivating setting for Florida getaways.

Key Points: 
  • Owned and managed by Columbia Sussex , the Marriott Sanibel Harbour Resort & Spa offers a captivating setting for Florida getaways.
  • The waterfront resort is set on 85 lush acres overlooking Sanibel and Captiva islands in Fort Myers’s upscale Punta Rassa community.
  • Event space renovations at Marriott Sanibel Harbour Resort & Spa are also complete.
  • For more information about Marriott Sanibel Harbour Resort & Spa, please call 800-767-7777 or visit https://www.marriott.com/en-us/hotels/rswsb-marriott-sanibel-harbour-res...