WHEN

Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Gran Tierra Energy Inc. Shareholders Vote FOR All Proposed Items at the Upcoming Annual General Meeting of Stockholders

Retrieved on: 
Tuesday, April 25, 2023

Gran Tierra also provides the following information regarding the Company’s Annual Meeting of Stockholders.

Key Points: 
  • Gran Tierra also provides the following information regarding the Company’s Annual Meeting of Stockholders.
  • Our Annual Meeting will be held as a virtual-only stockholder meeting with participation occurring electronically as explained further in the Proxy Statement dated March 24, 2023.
  • The Board of Directors of Gran Tierra recommends that Shareholders vote in favor of all the proposed items.
  • Two leading independent, third-party proxy advisory firms, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis") have both recommended that shareholders vote FOR all the proposed resolutions.

Newmont to Enter into Confirmatory Due Diligence on Newcrest

Retrieved on: 
Tuesday, April 11, 2023

In addition, Newcrest would have the right to fund and pay to its shareholders a special dividend of up to USD$1.10 per Newcrest share.

Key Points: 
  • In addition, Newcrest would have the right to fund and pay to its shareholders a special dividend of up to USD$1.10 per Newcrest share.
  • The Newcrest Board of Directors has agreed to grant Newmont confirmatory due diligence access to enable Newmont to put forward a binding proposal.
  • Newcrest has indicated that it intends to grant exclusivity to Newmont during the due diligence period, with the terms of that exclusivity still to be agreed.
  • Newcrest will also undertake confirmatory due diligence on Newmont during this period.

Sinclair Announces Holding Company Reorganization to Rename Company as Sinclair, Inc.

Retrieved on: 
Monday, April 3, 2023

Sinclair Broadcast Group, Inc. (“Sinclair Broadcast”) (Nasdaq: SBGI) announced today that it intends to implement a reorganization in which a new holding company, Sinclair, Inc. (“New Sinclair”), would become the publicly-traded parent of Sinclair Broadcast and its subsidiaries (the “Reorganization”).

Key Points: 
  • Sinclair Broadcast Group, Inc. (“Sinclair Broadcast”) (Nasdaq: SBGI) announced today that it intends to implement a reorganization in which a new holding company, Sinclair, Inc. (“New Sinclair”), would become the publicly-traded parent of Sinclair Broadcast and its subsidiaries (the “Reorganization”).
  • These other businesses and assets include, among other things, Compulse, a marketing technology and managed services company, and Tennis Channel.
  • For more information about the Reorganization, please visit our Holding Company Reorganization Q&A located at https://sbgi.net/investor-relations/events-and-presentations/ .
  • In connection with the Reorganization, New Sinclair has filed a registration statement on Form S-4 that includes a preliminary proxy statement of Sinclair Broadcast and a preliminary prospectus of New Sinclair, and Sinclair Broadcast and New Sinclair may file with the SEC other relevant documents in connection with the proposed Reorganization.

TransMedia Group to Spread Blue Light IT's Warning That It's Not If, but When a Business Will be Hacked, But Cybersecurity Makes It Much Less Likely or Devastating

Retrieved on: 
Wednesday, April 5, 2023

TransMedia Group says it will let hackers know there's a new cybersecurity sheriff in Internet town.

Key Points: 
  • TransMedia Group says it will let hackers know there's a new cybersecurity sheriff in Internet town.
  • So, hackers had better look for less protected prey than those under the watchful eye of Blue Light IT.
  • "While hackers try to hack businesses indiscriminately, companies protected by such dedicated cybersecurity as Blue Light IT provides are much less likely to be hacked," said TransMedia Group CEO Tom Madden.
  • Most likely they are an organized crime group using an off-the-shelf program for shear villainous intent to rob and profit.

Star Equity Fund Announces Update to its Director Nominations at Servotronics

Retrieved on: 
Thursday, March 30, 2023

OLD GREENWICH, Conn., March 30, 2023 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity Fund” or “we”) is an investment fund focused on unlocking shareholder value and improving corporate governance at its portfolio companies. Star Equity Fund owns 5.4% of the common stock of Servotronics, Inc. (NYSE American: SVT) (“Servotronics” or “Company”) and, for the benefit of all SVT stockholders, announced today that we will be proceeding with the nomination of two highly qualified candidates for election to the Company’s board of directors (the “Board”) at the Company’s 2023 annual meeting of shareholders (the “Annual Meeting”).

Key Points: 
  • The participants in the proxy solicitation are anticipated to be Star Equity Fund, Star Equity Fund GP, LLC (“Star Equity Fund GP”), Star Value, LLC (“Star Value”), Star Equity Holdings, Inc. (“Star Equity Holdings”), Star Investment Management, LLC (“Star Investment Management”), Jeffrey E. Eberwein, Richard K. Coleman, Jr., and G. Mark Pomeroy.
  • Star Equity Fund GP, as the general partner of Star Equity Fund, may be deemed to beneficially own the 135,000 shares of Common Stock owned directly by Star Equity Fund.
  • Star Equity Holdings, as the parent company of Star Equity Fund, may be deemed to beneficially own the 135,000 shares of Common Stock owned directly by Star Equity Fund.
  • Star Investment Management, as the investment manager of Star Equity Fund, may be deemed to beneficially own the 135,000 shares of Common Stock owned directly by Star Equity Fund.

Ready Capital and Broadmark Realty Capital Announce Definitive Merger Agreement

Retrieved on: 
Monday, February 27, 2023

NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (“Ready Capital”), a multi-strategy real estate finance company that originates, acquires, finances and services small-to-medium balance commercial loans, and Broadmark Realty Capital Inc. (NYSE:BRMK) (“Broadmark”), a specialty real estate finance company that specializes in originating and servicing residential and commercial construction loans, announced today that they have entered into a definitive merger agreement pursuant to which Broadmark will merge with Ready Capital. Upon completion of the merger, Ready Capital is expected to have a pro forma equity capital base of $2.8 billion.

Key Points: 
  • NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (“Ready Capital”), a multi-strategy real estate finance company that originates, acquires, finances and services small-to-medium balance commercial loans, and Broadmark Realty Capital Inc. (NYSE:BRMK) (“Broadmark”), a specialty real estate finance company that specializes in originating and servicing residential and commercial construction loans, announced today that they have entered into a definitive merger agreement pursuant to which Broadmark will merge with Ready Capital.
  • Upon completion of the merger, Ready Capital is expected to have a pro forma equity capital base of $2.8 billion.
  • Under the terms of the merger agreement, each share of Broadmark common stock will be converted into 0.47233 shares of Ready Capital common stock, or a total of approximately 63 million shares of Ready Capital common stock.
  • Ready Capital, Broadmark and their respective directors and executive officers, and certain other affiliates of Ready Capital and Broadmark may be deemed to be participants in the solicitation of proxies from the stockholders of Ready Capital and Broadmark in respect of the proposed merger.

WHEN Group Acquires 26% Stake in an IOT and AI-Based Imaging Processor

Retrieved on: 
Wednesday, February 22, 2023

NEW YORK, NY, Feb. 22, 2023 (GLOBE NEWSWIRE) -- World Group, Inc. (OTC: WHEN) (“WHEN Group” or the “Company”), a Telecom and cybersecurity company with proprietary technologies developed to protect individuals and enterprises from cybersecurity threats, announced today it has completed the acquisition of an initial 26% of INSTAVIEW (“INSTAVIEW”), an emerging technology company in the field of AI-based image processing systems, thermal cameras, home and enterprise security, livestock tracking and control appliances plus much more. 

Key Points: 
  • NEW YORK, NY, Feb. 22, 2023 (GLOBE NEWSWIRE) -- World Group, Inc. (OTC: WHEN) (“WHEN Group” or the “Company”), a Telecom and cybersecurity company with proprietary technologies developed to protect individuals and enterprises from cybersecurity threats, announced today it has completed the acquisition of an initial 26% of INSTAVIEW (“INSTAVIEW”), an emerging technology company in the field of AI-based image processing systems, thermal cameras, home and enterprise security, livestock tracking and control appliances plus much more.
  • Giora Rosenzweig, CEO of WHEN Group, said, “The acquisition of a significant equity interest in INSTAVIEW is an important milestone in the evolution of WHEN Group and provides us with a strong foothold in the security market.
  • The technological synergy between WHEN and INSTAVIEW should provide us with an unparalleled advantage over other players in the residential and enterprises AI security markets.”
    Rosenzweig continued, “Our goal has been to increase revenues and operations to build shareholder value.
  • Together with WHEN Group, we plan to upgrade dramatically the level of security in the relevant needed markets and to access WHEN's platforms to reach a large range of households, small and medium business, farms, and elderly housing in the US, Poland and other locations worldwide."

LIXTE BIOTECHNOLOGY HOLDINGS REPORTS NEWLY PUBLISHED INDEPENDENT PRE-CLINICAL RESEARCH

Retrieved on: 
Tuesday, February 14, 2023

PASADENA, CA, Feb. 14, 2023 (GLOBE NEWSWIRE) -- LIXTE Biotechnology Holdings, Inc. (“LIXTE” or the “Company”) (Nasdaq: LIXT) announced that, as recently reported in The Journal of Clinical Investigation, PP2A, the pharmacologic target of LIXTE’s lead clinical compound, LB-100, when deficient, enhances the effects of immune checkpoint blockade of cancer in a mouse model by a previously unappreciated mechanism.

Key Points: 
  • THE RESEARCH SHOWS THAT PP2A, THE TARGET OF LIXTE’S LEAD CLINICAL COMPOUND, LB-100, WHEN DEFICIENT, ENHANCES EFFECTS OF IMMUNE CHECKPOINT BLOCKADE OF CANCER BY A PREVIOUSLY UNAPPRECIATED MECHANISM
    PASADENA, CA, Feb. 14, 2023 (GLOBE NEWSWIRE) -- LIXTE Biotechnology Holdings, Inc .
  • (“LIXTE” or the “Company”) ( Nasdaq: LIXT ) announced that, as recently reported in The Journal of Clinical Investigation, PP2A, the pharmacologic target of LIXTE’s lead clinical compound, LB-100, when deficient, enhances the effects of immune checkpoint blockade of cancer in a mouse model by a previously unappreciated mechanism.
  • John S. Kovach, M.D., CEO and Founder of LIXTE, said, “This paper lends additional support to the potential immunotherapy application of LB-100 in cancer treatment.
  • Studies in animals show that low doses of LB-100 enhance the effectiveness of immunotherapy against a variety of cancer types by several mechanisms ( Ho et al., Nature Comm 2018 ; Yen et al.

Star Equity Fund Announces Director Nominations at Servotronics

Retrieved on: 
Tuesday, February 14, 2023

OLD GREENWICH, Conn., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity Fund” or “we”) is an investment fund focused on unlocking shareholder value and improving corporate governance at its portfolio companies. Star Equity Fund owns 5.4% of the common stock of Servotronics, Inc. (NYSE American: SVT) (“Servotronics” or “Company”) and, for the benefit of all SVT shareholders, we announced today the nomination of six highly qualified candidates for election to the Company’s board of directors (the “Board”) at the Company’s 2023 annual meeting of shareholders (the “Annual Meeting”).

Key Points: 
  • The participants in the proxy solicitation are anticipated to be Star Equity Fund, Star Equity Fund GP, LLC (“Star Equity Fund GP”), Star Value, LLC (“Star Value”), Star Equity Holdings, Inc. (“Star Equity Holdings”), Star Investment Management, LLC (“Star Investment Management”), Jeffrey E. Eberwein, Hannah M. Bible, BaShara (Bo) Boyd, Richard K. Coleman, Jr., John W. Gildea, Robert G. Pearse, and G. Mark Pomeroy.
  • Star Equity Fund GP, as the general partner of Star Equity Fund, may be deemed to beneficially own the 135,000 shares of Common Stock owned directly by Star Equity Fund.
  • Star Value, as the sole member of Star Equity Fund GP, may be deemed to beneficially own the 135,000 shares of Common Stock owned directly by Star Equity Fund.
  • Star Equity Holdings, as the parent company of Star Equity Fund, may be deemed to beneficially own the 135,000 shares of Common Stock owned directly by Star Equity Fund.

Coliseum Nominates Slate of Highly Qualified and Engaged Director Candidates for Election at Purple Innovation 2023 Annual Meeting

Retrieved on: 
Monday, February 13, 2023

If Mr. DeMartini is not re-elected, Coliseum intends to recommend that he be immediately appointed a director.

Key Points: 
  • If Mr. DeMartini is not re-elected, Coliseum intends to recommend that he be immediately appointed a director.
  • Coliseum also confirmed that it is no longer pursuing its September 2022 proposal to acquire the remaining shares not owned by Coliseum.
  • 1 Purple common stock closed at $4.56 on February 10, 2023 and $40.05 per share on February 19, 2021.
  • 3 Purple common stock closed at $4.56 on February 10, 2023 and $40.05 per share on February 19, 2021.