Securities & Exchange Commission of Pakistan

Anywhere℠ Announces Strategic Leadership Changes

Retrieved on: 
Tuesday, December 6, 2022

MADISON, N.J., Dec. 6, 2022 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in residential real estate services (formerly known as Realogy Holdings Corp.), today announced a series of executive leadership changes intended to accelerate the company's strategic priority to further integrate and simplify the home buying and selling experience.

Key Points: 
  • MADISON, N.J., Dec. 6, 2022 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in residential real estate services (formerly known as Realogy Holdings Corp.), today announced a series of executive leadership changes intended to accelerate the company's strategic priority to further integrate and simplify the home buying and selling experience.
  • M. Ryan Gorman, Coldwell Banker Chief Executive Officer, will step down from his position and move into a strategic advisor role.
  • Katrina Helmkamp, Cartus President and Chief Executive Officer, has announced her decision to retire at the end of the year.
  • Yannaccone, a longtime real estate leader, joined Anywhere in 2015 and has held several executive leadership positions across the company's franchise and owned brokerage operations.

Runway Growth Capital Announces a Senior Secured Term Loan of $80 Million to Extensiv

Retrieved on: 
Tuesday, December 6, 2022

WOODSIDE, Calif., December 6, 2022 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the closing of a senior secured term loan of $80 million to Extensiv, a leader in omnichannel fulfillment solutions. 

Key Points: 
  • WOODSIDE, Calif., December 6, 2022 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the closing of a senior secured term loan of $80 million to Extensiv , a leader in omnichannel fulfillment solutions.
  • In addition, it has a strong management team and support from a top-tier growth investor," said Brad Pritchard, Managing Director at Runway.
  • Runway Growth Capital LLC is the investment advisor to investment funds, including Runway Growth Finance Corp. (Nasdaq: RWAY ), a business development company, and other private funds, which are lenders of growth capital to companies seeking an alternative to raising equity.
  • For more information on Runway Growth Capital LLC and its platform, please visit our website at www.runwaygrowth.com .

Mercantile Appoints New Members to Bank Board of Directors

Retrieved on: 
Thursday, December 1, 2022

GRAND RAPIDS, Mich., Dec. 1, 2022 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile"), announced today the appointments of Amy L. Sparks, CPA and Nelson F. Sanchez, CPA to the Bank's Board of Directors in the second half of 2022.

Key Points: 
  • GRAND RAPIDS, Mich., Dec. 1, 2022 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile"), announced today the appointments of Amy L. Sparks, CPA and Nelson F. Sanchez, CPA to the Bank's Board of Directors in the second half of 2022.
  • Based in Grand Rapids, Michigan, Mercantile Bank Corporation is the bank holding company for Mercantile Bank.
  • Mercantile Bank Corporation's common stock is listed on the NASDAQ Global Select Market under the symbol "MBWM."
  • Mercantile undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.

Cellectis to Host a Live Webcast and Provide a Company Update on December 13, 2022

Retrieved on: 
Thursday, December 1, 2022

The event will feature presentations by the management team and will be followed by a Q&A.

Key Points: 
  • The event will feature presentations by the management team and will be followed by a Q&A.
  • Cellectis headquarters are in Paris, France, with locations in New York, New York and Raleigh, North Carolina.
  • Cellectis is listed on the Nasdaq Global Market (ticker: CLLS) and on Euronext Growth (ticker: ALCLS).
  • These forward-looking statements, which are based on our managements current expectations and assumptions and on information currently available to management.

Triumph Bancorp Rebrands to Triumph Financial

Retrieved on: 
Thursday, December 1, 2022

DALLAS, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. today announced the completion of an extensive rebranding effort, including a change of the company name to Triumph Financial, Inc. (the Company or Triumph Financial).

Key Points: 
  • DALLAS, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. today announced the completion of an extensive rebranding effort, including a change of the company name to Triumph Financial, Inc. (the Company or Triumph Financial).
  • In addition to the Triumph Financial rebranding, the brands Triumph Business Capital, Triumph Insurance Group and Triumph Commercial Finance have consolidated factoring, insurance and banking services for the transportation industry to go to market as a single brand Triumph.
  • The new Triumph Financial name and logo reflect our evolution from a bank holding company to a financial and technology company focused on payments, factoring and banking, said Aaron P. Graft, vice chairman and chief executive officer of Triumph Financial.
  • Factoring products and services offered by Triumph Financial Services LLC, a subsidiary of TBK Bank, SSB, DBA Triumph.

Delaware Enhanced Global Dividend and Income Fund announces potential self-tender offer for up to 30% of its shares

Retrieved on: 
Thursday, December 1, 2022

If shareholder approval of Proposal 1 is not obtained at the Special Shareholder Meeting, the tender offer may not take place.

Key Points: 
  • If shareholder approval of Proposal 1 is not obtained at the Special Shareholder Meeting, the tender offer may not take place.
  • The Funds common shares have recently traded at a discount to their net asset value per share.
  • The commencement of the tender offer is pursuant to an agreement between the Fund and Bulldog Investors, LLP (Bulldog) and certain associated parties.
  • Delaware Management Company, a series of Macquarie Investment Management Business Trust, is the investment manager of the Fund.

Arch Insurance North America Announces Promotion of Brian First to President

Retrieved on: 
Thursday, December 1, 2022

Arch Insurance North America (Arch) today announced that Brian First has been promoted to President of Arch Insurance North America, effective Dec. 1.

Key Points: 
  • Arch Insurance North America (Arch) today announced that Brian First has been promoted to President of Arch Insurance North America, effective Dec. 1.
  • In this newly created role, Firsts direct reports include:
    Im honored to step into the role of President of Arch Insurance North America, First said.
  • Arch Insurance North America, part of Arch Capital Group Ltd., includes Archs insurance operations in the United States and Canada.
  • Business in the U.S. is written by Arch Insurance Company, Arch Specialty Insurance Company, Arch Excess & Surplus Insurance Company and Arch Indemnity Insurance Company.

Cognition Therapeutics Presents Scientific Rationale, Clinical Biomarker and Preclinical Data supporting a Phase 2 Clinical Trial with CT1812 in Geographic Atrophy Secondary to Dry AMD

Retrieved on: 
Thursday, December 1, 2022

Complement inhibition has shown potential in clinical trials but must be given via intravitreal injection to each affected eye.

Key Points: 
  • Complement inhibition has shown potential in clinical trials but must be given via intravitreal injection to each affected eye.
  • CT1812 is an experimental oral sigma-2 (-2) receptor modulator currently in Phase 2 clinical trials for both Alzheimer's disease and dementia with Lewy bodies (DLB).
  • The proteomic analyses from our clinical studies in neurodegenerative disease were instrumental in identifying dry AMD as an indication of interest, explained Mary Hamby, Ph.D. , VP of biology at Cognition Therapeutics.
  • We are currently investigating our lead candidate CT1812 in clinical programs in Alzheimers disease, dementia with Lewy bodies (DLB) and dry age-related macular degeneration (dry AMD).

GBT Successfully Concluded Testing of its GEN II Long-Range Radio System

Retrieved on: 
Thursday, December 1, 2022

SAN DIEGO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- GBT Technologies Inc. ( OTC PINK: GTCH ) ("GBT” or the “Company”), successfully concluded its GEN II long range radio project, which has been assigned an internal code name of “Infinia”. GBT thoroughly tested the system and believes successful results were achieved. The system is targeted to work with GBT’s artificial intelligent technology to enable communication dead zone coverage. GEN II includes voice/data transmission through Software Defined Radio (“SDR”) technology. The system utilizes mobile and base/relay units with the goal of facilitating global wireless communication. SDR communication is a software-controlled radio operation. As a typical wireless system is traditionally operated via hardware using radio modules and related components, SDR technology is a computer controlled wireless system. The Infinia is a data and voice communication system that operates via High Frequency (“HF”) radio waves. Infinia communicates through an ionospheric propagation environment to reach very long distances and is designed to overcome areas where there is no reception or skip zones which is one of the major obstacles in communication system. GBT evaluated Infinia to determine if it is capable for enabling an efficient, programmatical method for dead-zone coverage and believes it achieved successful results. The SDR system analyzes the Earth’s ionospheric conditions according to geographical zones and automatically tunes RF signals and frequencies to achieve continuous, reliable communication regardless of location, rough terrain, time of day, season and weather conditions. GBT plans to continue its research in this domain and will continue searching for commercial applications for the Infinia system.

Key Points: 
  • SAN DIEGO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- GBT Technologies Inc. ( OTC PINK:GTCH ) ("GBT or the Company), successfully concluded its GEN II long range radio project, which has been assigned an internal code name of Infinia.
  • As a typical wireless system is traditionally operated via hardware using radio modules and related components, SDR technology is a computer controlled wireless system.
  • GBT plans to continue its research in this domain and will continue searching for commercial applications for the Infinia system.
  • Our testing has revealed that the GEN II version can successfully overcome dead zones using our advanced SDR technology.

Danaos Corporation Announces Senior Notes Repurchase

Retrieved on: 
Thursday, December 1, 2022

Danaos Corporation (NYSE: DAC), one of the worlds largest independent owners of containerships, today announced that it expects to repurchase $37.234 million of its 8.500% unsecured senior notes due 2028 in a privately negotiated transaction.

Key Points: 
  • Danaos Corporation (NYSE: DAC), one of the worlds largest independent owners of containerships, today announced that it expects to repurchase $37.234 million of its 8.500% unsecured senior notes due 2028 in a privately negotiated transaction.
  • Danaos Corporation is one of the largest independent owners of modern, large-size containerships.
  • Although Danaos Corporation believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, Danaos Corporation cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.
  • Risks and uncertainties are further described in reports filed by Danaos Corporation with the U.S. Securities and Exchange Commission.