Bangladesh Securities and Exchange Commission

Rogers Communications Declares 50 Cents per Share Quarterly Dividend

Retrieved on: 
Thursday, November 9, 2023
Sale, CumEx-Files, Treasury, Form, Bangladesh Securities and Exchange Commission, Rogers, Holding company, Security (finance)

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (“Rogers”) announced that its Board of Directors declared a quarterly dividend totaling 50 cents per share (the “Quarterly Dividend”) on each of its outstanding Class B Non-Voting shares (“Class B Shares”) and Class A Voting shares.

Key Points: 
  • TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (“Rogers”) announced that its Board of Directors declared a quarterly dividend totaling 50 cents per share (the “Quarterly Dividend”) on each of its outstanding Class B Non-Voting shares (“Class B Shares”) and Class A Voting shares.
  • The Quarterly Dividend will be paid on January 2, 2024 to shareholders of record on December 8, 2023.
  • Quarterly dividends are only payable as and when declared by Rogers’ Board and there is no entitlement to any dividend prior thereto.
  • Under the Plan, Rogers’ Board determines whether the additional Class B Shares will be purchased on the open market or issued by Rogers from treasury.

NYSE American to Commence Delisting Proceedings Against Unique Fabricating, Inc. (UFAB)

Retrieved on: 
Thursday, November 9, 2023
Professional Services, Finance, Chapter Seven, Security (finance), NYSE, Bankruptcy, Committee, Bangladesh Securities and Exchange Commission, Disclosure, United States bankruptcy court, NYSE American, Exchange, Chapter 11, Title 11, United States Code

NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Unique Fabricating, Inc. (the “Company”) — ticker symbol UFAB — from NYSE American.

Key Points: 
  • NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Unique Fabricating, Inc. (the “Company”) — ticker symbol UFAB — from NYSE American.
  • Trading in the Company’s common stock will be suspended immediately.
  • NYSE Regulation noted that the Company disclosed it is unlikely that holders of the Company’s common stock will receive any payment or other distribution on account of those shares following the bankruptcy proceedings.
  • The NYSE American will apply to the Securities and Exchange Commission to delist the Company’s common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

Orgenesis Inc. Announces Pricing of $1.1 Million Registered Direct Offering

Retrieved on: 
Wednesday, November 8, 2023
Titan, Sale, Peer-to-peer file sharing, Security (finance), Telephone, Form, Bangladesh Securities and Exchange Commission, Warrant, CVC Capital Partners, Prospectus, CGT, S-3

The combined effective purchase price for each share of common stock and associated warrant to purchase one share of common stock will be $0.78.

Key Points: 
  • The combined effective purchase price for each share of common stock and associated warrant to purchase one share of common stock will be $0.78.
  • Under the terms of the securities purchase agreement, Orgenesis has agreed to issue 1,410,256 shares of common stock and warrants to purchase up to an aggregate of 1,410,256 shares of common stock (the “Warrants”).
  • Titan Partners Group, a division of American Capital Partners, is acting as sole placement agent for the offering.
  • The offering is expected to close on or about November 9, 2023, subject to the satisfaction of customary closing conditions.

NOVA CHEMICALS CORPORATION ANNOUNCES CASH TENDER OFFER FOR ITS 4.875% SENIOR NOTES DUE 2024

Retrieved on: 
Wednesday, November 8, 2023
Tender offer, Toll, Tender, RBC Capital Markets, NOVA, Expiration, Nova Chemicals, Mini-tender offer, Bangladesh Securities and Exchange Commission, Date, Settlement, Expiration date, Security (finance), Life insurance, Cryptocurrency, Bank, Note

The Total Consideration includes an early tender payment (the “Early Tender Payment”) of $30.00 for each $1,000 principal amount of the Notes, which Early Tender Payment is in addition to the Tender Offer Consideration (as defined below).

Key Points: 
  • The Total Consideration includes an early tender payment (the “Early Tender Payment”) of $30.00 for each $1,000 principal amount of the Notes, which Early Tender Payment is in addition to the Tender Offer Consideration (as defined below).
  • NOVA Chemicals is making the Tender Offer only in those jurisdictions where it is legal to do so.
  • Holders must decide whether to tender Notes, and if tendering, the amount of Notes to tender.
  • Copies of the Offer to Purchase are available to holders of Notes from Global Bondholder Services Corporation, the information and tender agent for the Tender Offer.

XAI Octagon Floating Rate & Alternative Income Term Trust Announces Private Placement of Convertible Preferred Shares

Retrieved on: 
Tuesday, November 7, 2023
Professional Services, Finance, Sale, NYSE, Convertible, XAI, Purchasing, Bangladesh Securities and Exchange Commission, Exercise, Trust, Common, Asset purchase agreement, Indian stock exchange, Conversion, Sales management, Security (finance)

The Trust expects to receive net proceeds (before expenses) from the sale of the Convertible Preferred Shares of approximately $27.9 million.

Key Points: 
  • The Trust expects to receive net proceeds (before expenses) from the sale of the Convertible Preferred Shares of approximately $27.9 million.
  • The Convertible Preferred Shares pay a quarterly dividend at a fixed annual rate of 6.95% of the liquidation preference, or $1.7375 per share, per year.
  • The Convertible Preferred Shares will not be listed on any exchange and may not be transferred without the consent of the Trust.
  • The Convertible Preferred Shares were offered directly to the purchasers without a placement agent, underwriter, broker or dealer.

Edison International Announces Waiver of Minimum Tender Condition and Extension of Tender Offers for Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A

Retrieved on: 
Wednesday, November 8, 2023
Utilities, Energy, ACT, MAKE, ITS, Name, Security (finance), NYSE, International, Expiration, Person, Security, Bangladesh Securities and Exchange Commission, Edison International, Trust, LAWS, AT, ARE, NOR, Expiration date, Mizuho Securities, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Offers, Series

The Company has waived the Minimum Tender Condition such that the Offers are no longer conditioned upon the Minimum Tender Condition.

Key Points: 
  • The Company has waived the Minimum Tender Condition such that the Offers are no longer conditioned upon the Minimum Tender Condition.
  • The Offer Materials contain important information that holders are urged to read before any decision is made with respect to either of the Offers.
  • Barclays Capital Inc., Citigroup Global Markets Inc. and Mizuho Securities USA LLC are acting as dealer managers for the Offers.
  • THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER OR SOLICITATION TO PURCHASE SECURITIES.

Knife River Corporation Announces Pricing of Secondary Offering of Common Stock

Retrieved on: 
Wednesday, November 8, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Manufacturing, Construction & Property, Landscape, Other Natural Resources, Mining, Minerals, Building Systems, Natural Resources, Other Manufacturing, Other Construction & Property, Sale, NYSE, RBC Capital Markets, MDU, KNF, TD Securities, EDGAR, Telephone, J. P. Morgan, MDU Resources, Form, Attention, Bangladesh Securities and Exchange Commission, Offering, Prospectus, Wells Fargo, J.P. Morgan & Co., TD, Broadridge Financial Solutions, Communication, Bank of America, BofA Securities, Security (finance)

Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the pricing of the previously announced secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”).

Key Points: 
  • Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the pricing of the previously announced secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”).
  • Knife River is not selling any shares of common stock and will not receive any proceeds from the sale of the KNF Shares in the Offering or from the debt-for-equity exchange (described below).
  • The Selling Stockholder in the Offering has granted the underwriters an option (the “greenshoe”) to purchase up to 514,238 additional shares of Knife River common stock at the public offering price less the underwriting discount for 30 days.
  • Following the completion of the debt-for-equity exchange, and if the greenshoe is completely exercised by the underwriters, MDU Resources would no longer own any shares of common stock of Knife River.

NYSE to Commence Delisting Proceedings Against WeWork Inc. (WE)

Retrieved on: 
Tuesday, November 7, 2023
Professional Services, Finance, Security (finance), NYSE, Bankruptcy, Committee, Bangladesh Securities and Exchange Commission, United States bankruptcy court, NYSE Listed Company Manual, United States Bankruptcy Court for the Southern District of New York, Chapter 11, Title 11, United States Code, Exchange, Cryptocurrency

The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock of WeWork Inc. (the “Company”) — ticker symbol WE — from the NYSE.

Key Points: 
  • The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock of WeWork Inc. (the “Company”) — ticker symbol WE — from the NYSE.
  • Trading in the Company’s Class A common stock will be suspended immediately.
  • The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange.
  • The NYSE will apply to the Securities and Exchange Commission to delist the Company’s Class A common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

Renesas Extends Tender Offer and Receives UK NSIA Clearance for Proposed Acquisition of Sequans

Retrieved on: 
Monday, November 6, 2023
BNY Mellon, United Kingdom, Electronics, Bank, NYSE, Investment, Goliath transmitter, State, Acquisition, Cabinet, Bangladesh Securities and Exchange Commission, American depositary receipt, NSIA, TSE, ADS, National Security and Investment Act 2021, Letter, CFIUS, Security (finance), Cryptocurrency, Renesas Electronics

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash

Key Points: 
  • The tender offer, which was previously scheduled to expire at one minute after 11:59 P.M., New York City time, on November 6, 2023, has been extended until one minute after 11:59 P.M., New York City time, on November 21, 2023, unless the tender offer is further extended or earlier terminated.
  • The tender offer was extended to allow additional time for the satisfaction of the remaining closing conditions of the tender offer, including, but not limited to, regulatory approvals (other than the NSIA approval and the previously announced CFIUS approval) and the valid tender of ordinary shares and ADSs of Sequans representing - together with ordinary shares and ADSs of Sequans beneficially owned by Renesas, if any - at least 90% of the fully diluted ordinary shares of Sequans.
  • The Bank of New York Mellon, the Tender Agent for the tender offer, has advised Renesas that as of 6 p.m., New York City time, on November 3, 2023, approximately 98,807,609 ordinary shares of Sequans (including ordinary shares represented by ADSs), representing approximately 35.2% of the fully diluted ordinary shares of Sequans, have been validly tendered and not properly withdrawn pursuant to the tender offer.
  • Holders that have previously tendered their shares do not need to re-tender their shares or take any other action in response to this extension.

Collective Audience Issues Shares to Logiq for Special Dividend Distribution of Shares

Retrieved on: 
Monday, November 6, 2023
Sale, OTCQX, Acquisition, Bangladesh Securities and Exchange Commission, Rock shelter, ASPA, 8-K, DLQ, Failure, Holding company, Security (finance)

On the same day, Logiq declared a special dividend distribution of the 3,762,000 shares of Collective Audience common stock to Logiq stockholders of record as of the dividend record date (October 24, 2023).

Key Points: 
  • On the same day, Logiq declared a special dividend distribution of the 3,762,000 shares of Collective Audience common stock to Logiq stockholders of record as of the dividend record date (October 24, 2023).
  • The dividend will be distributed at a ratio of 0.027 shares of Collective Audience common stock per each one share of Logiq common stock.
  • Logiq reports that the dividend distribution process has begun, but no dividend of Collective Audience common stock has been issued or delivered to Logiq shareholders as of today’s date.
  • Logiq announced that it has received reports that certain brokerage firms have prematurely or erroneously credited their client's accounts with the dividend distribution of the Collective Audience shares.