FIRM

Report for the World expands global footprint, deepens partnerships

Retrieved on: 
Wednesday, April 17, 2024
System, Google News Lab, FIRM, Finance, Partnership, East–West Center, Microsoft, MacArthur Foundation

BOSTON, April 17, 2024 /PRNewswire-PRWeb/ -- Report for the World is pleased to announce the selection of 18 new host newsrooms, expanding our global network to 49 newsrooms in 28 countries. In addition to our newest partners, we are deepening our ties to existing countries while further expanding our reach to vulnerable, in-exile newsrooms.

Key Points: 
  • Report for the World is pleased to announce the selection of 18 new host newsrooms, expanding our global network to 49 newsrooms in 28 countries.
  • BOSTON, April 17, 2024 /PRNewswire-PRWeb/ -- Report for the World is pleased to announce the selection of 18 new host newsrooms, expanding our global network to 49 newsrooms in 28 countries.
  • Report for the World leaned into several partners to help identify independent newsrooms that can strengthen the global journalism program's efforts at a regional level.
  • Report for the World will provide salary and training support; however, the newsrooms will remain editorially independent.

Progress Software Corp. Announcement under the Irish Takeover Rules

Retrieved on: 
Friday, April 5, 2024
ACT, MAKE, RDBMS, OpenEdge, ANY, MarkLogic, Organization, Semaphore, SQL, FIRM, RAG, Acquisition, JDBC, AI, TCO, MADE, LTS, IRISH, Progress, ABL, ODBC, NOT, MariaDB

BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules. Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?

Key Points: 
  • THIS IS AN ANNOUNCEMENT UNDER THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES").
  • IT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES.
  • BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules.
  • Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?

Progress Software Corp. Statement regarding Possible Offer for MariaDB plc

Retrieved on: 
Tuesday, March 26, 2024
ACT, MAKE, RDBMS, ANY, Database, FIRM, Sale, PRGS, MADE, IRISH, Progress, NOT, MariaDB, Cryptocurrency

BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- Progress Software Corp. (”Progress”) (Nasdaq: PRGS), the trusted provider of infrastructure software, confirms that it is considering a possible offer for all the issued and to be issued share capital of MariaDB plc (“MariaDB”) at a value of $0.60 per share (the “Possible Offer”).

Key Points: 
  • BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- Progress Software Corp. (”Progress”) (Nasdaq: PRGS), the trusted provider of infrastructure software, confirms that it is considering a possible offer for all the issued and to be issued share capital of MariaDB plc (“MariaDB”) at a value of $0.60 per share (the “Possible Offer”).
  • Progress believes that if it were to make a Firm Offer for MariaDB, this would be in the best interest of all stakeholders.
  • Progress has undertaken due diligence in order to evaluate a possible offer for all the issued and to be issued share capital of MariaDB.
  • Progress is ready to engage with MariaDB’s Board to complete its due diligence and progress its Possible Offer expeditiously, which it believes is in the best interests of all stakeholders.

K1 Investment Management, LLC (“K1”) Statement regarding Possible Offer for MariaDB plc (“MariaDB”)

Retrieved on: 
Friday, February 16, 2024
ACT, MAKE, LOS, ANY, Calendar, FIRM, MADE, IRISH, NOT, MariaDB, Panel, Cryptocurrency

LOS ANGELES, Feb. 16, 2024 (GLOBE NEWSWIRE) -- K1 confirms that it made, on 15 February 2024, a non-binding proposal to the board of directors of MariaDB (the “Board”) to acquire, together with K1’s investment affiliates, all of the issued, and to be issued, share capital of MariaDB at a value of $0.55 per share (the “Possible Offer”). The terms of the Possible Offer represent:-

Key Points: 
  • THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY SUCH OFFER WILL BE MADE.
  • K1 has a high regard for the MariaDB business and looks forward to engaging with MariaDB in connection with the Possible Offer.
  • However, K1 reserves the right to implement the proposal, instead, by way of contractual offer.
  • There can be no certainty that any offer will be made, nor as to the terms on which any such offer might be made.

Health Insurance Innovations, Inc. Fair Fund Established by the Securities & Exchange Commission ("Commission")--Summary Notice of Distribution

Retrieved on: 
Monday, January 22, 2024
Notice, Commission, FAIR, DEADLINE, YOU, Documentation, Fair Fund, PLAN, ALSO, Fund, FIRM, Plan, MUST, SIGN, Health Insurance Innovations, Security (finance), FUND, Life insurance

You may be eligible for a Distribution Payment from the Fair Fund.

Key Points: 
  • You may be eligible for a Distribution Payment from the Fair Fund.
  • A Fair Fund has been established in the Securities and Exchange Commission administration proceeding set forth at the top of this Notice.
  • To qualify for a payment from the Fair Fund, you must satisfy certain eligibility criteria that are described in detail in the Plan.
  • The Plan is available on the Fair Fund website at www.HealthInsuranceInnovationsFairFund.com and on the Commission's public website at https://www.sec.gov/files/litigation/admin/2023/34-98936-dp.pdf .

Distribution Plan of the Health Insurance Innovations, Inc. Fair Fund Announced by the Securities & Exchange Commission ("Commission")

Retrieved on: 
Monday, January 15, 2024
Notice, Commission, FAIR, DEADLINE, YOU, Documentation, Fair Fund, PLAN, ALSO, Fund, FIRM, Plan, MUST, SIGN, Health Insurance Innovations, Security (finance), FUND

You may be eligible for a Distribution Payment from the Fair Fund.

Key Points: 
  • You may be eligible for a Distribution Payment from the Fair Fund.
  • A Fair Fund has been established in the Securities and Exchange Commission administration proceeding set forth at the top of this Notice.
  • To qualify for a payment from the Fair Fund, you must satisfy certain eligibility criteria that are described in detail in the Plan.
  • The Plan is available on the Fair Fund website at www.HealthInsuranceInnovationsFairFund.com and on the Commission's public website at https://www.sec.gov/files/litigation/admin/2023/34-98936-dp.pdf .

Commencement of Strategic Review

Retrieved on: 
Monday, January 8, 2024
ACT, MAKE, NAV, FIRM, IRISH, EGM, Sale, IRES, NOT, Committee, Dragon (magazine), REIT, Requisition, Dragon, AN, LAWS

The Company today announces that the Board of Directors of I-RES (the “Board”) has decided to commence a strategic review to consider and evaluate all strategic options that may be available to maximise and unlock value for shareholders in the Company (the “Strategic Review”).

Key Points: 
  • The Company today announces that the Board of Directors of I-RES (the “Board”) has decided to commence a strategic review to consider and evaluate all strategic options that may be available to maximise and unlock value for shareholders in the Company (the “Strategic Review”).
  • This Strategic Review will commence as soon as practicable in Q1 2024, following the release of the Company’s 2023 Full Year Financial Results.
  • The Special Committee will retain specialist international financial and real estate advice to assist with the Strategic Review.
  • There is no certainty that any change will result from the Strategic Review or that any sale, strategic investment or other transaction will be concluded, nor as to the terms on which any offer, strategic investment or other transaction may be made.

Arizent debuts 2024 Media Kits: American Banker, The Bond Buyer, National Mortgage News, Digital Insurance, Financial Planning, Accounting Today and Employee Benefit News

Retrieved on: 
Wednesday, November 15, 2023
S&P Global, MOST, Deal, Arizent, Bank, Creativity, Woman, Protiviti, Gold, FIRM, American Banker, National Mortgage News, Marketing, The Bond Buyer, WORK, WOMEN, News, Future, Partnership, Accounting Today, Growth, DIGITAL, American Bankers Association, Financial plan, DEI, Gold Award, Environment, Face, Sales, Pharmaceutical industry

NEW YORK, Nov. 15, 2023 /PRNewswire-PRWeb/ -- Arizent, a leading business information resource for the financial and professional services communities, launched its 2024 media offerings for all seven of its brands: American Banker, The Bond Buyer, National Mortgage News, Digital Insurance, Financial Planning, Accounting Today and Employee Benefit News. Following the success of award-winning integrated campaigns and the launch of their Intent360 demand gen solution, Arizent is providing more impactful opportunities for clients to create integrated, multi-platform programs that drive meaningful engagement and results with senior decision makers.

Key Points: 
  • After new event launches in 2023 for Accounting Today's FIRM GROWTH FORUM and Employee Benefit News' BENEFITS AT WORK, Arizent will reimagine the flagship DIGITAL BANKING conference from American Banker.
  • "We've seen how powerful the results can be when our clients leverage our events and digital platforms for integrated campaigns."
  • The campaign won a Gold Award from the Financial Communications Society in the Event Marketing category.
  • Arizent's multi-year partnership with Protiviti on a separate campaign also garnered an ANA B2 Award in the category of Best Sponsorship Program.

Renewi plc: Further response to possible offer announcement by Macquarie Asset Management (“Macquarie”)

Retrieved on: 
Thursday, September 28, 2023
MAKE, Acceptance, Failure, FOR, Conversion, Code, Financial Conduct Authority, UK Municipal Bonds Agency, Federal Financial Supervisory Authority, NOR, DOES, Capital market, Culture, CITY, Netherlands, Open position, Panel, FIRM, Growth, Disclosure, NOT, Carbon, FCA, Judgement of the German Federal Court of Justice on Google's autocomplete function, Takeover, COVID, Recycling, EBIT, Person, EBITDA, MADE, ANY, ISIN, Mergers and acquisitions, United Kingdom, Property management, Cryptocurrency, Renewable energy, Bank, Security (finance), Tax advisor, Renewi, Berenberg family, Macquarie

These actions will be supplemented by progress in Renewi’s digital agenda, focused on further improving customer related processes, digitising its back offices and upgrading its asset management capabilities.

Key Points: 
  • These actions will be supplemented by progress in Renewi’s digital agenda, focused on further improving customer related processes, digitising its back offices and upgrading its asset management capabilities.
  • Delivery of these initiatives is expected to drive sustainable long-term margin improvement, towards the Company’s target of high single digit % EBIT margin.
  • For the purposes of Rule 2.5(a) of the Code, this announcement has been made without the consent of Macquarie.
  • The content of the website referred to above is not incorporated into and does not form part of this announcement.

Runa Capital II (GP) (“Runa”) Statement by Runa regarding corporate governance concerns at MariaDB plc and shareholder engagement

Retrieved on: 
Thursday, September 28, 2023
MAKE, ACT, The Takeover Panel, Rationalization, Communication, Irish Takeover Panel, NOT, FOR, Central bank, OR, MariaDB, EGM, Central Bank of Ireland, Person, Open position, Schedule, Schedule 13D, MADE, Acquisition, Nature, ANY, FIRM, Davy, Knowledge, IRISH, Security (finance), Runa Capital, Disclosure, Proxy, Holding company, Bank, Cryptocurrency, Property management

Dublin, Ireland, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Runa has, for a number of years, expressed serious concerns regarding the management of (“MariaDB” or the “Company”) by its directors (the “Board”). In that context, Runa has advocated for changes to the Company’s strategic direction, including a rationalization of the Company’s budget and potentially changes in senior roles in the Company. Recently, Runa became aware that the Company intended to engage in a highly dilutive equity transaction to fund its capital needs. Runa believes that such transaction would result in substantial and damaging dilution to shareholders and would not be in the interests of the Company or its shareholders.

Key Points: 
  • Dublin, Ireland, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Runa has, for a number of years, expressed serious concerns regarding the management of (“MariaDB” or the “Company”) by its directors (the “Board”).
  • Recently, Runa became aware that the Company intended to engage in a highly dilutive equity transaction to fund its capital needs.
  • As a result, Runa is considering what further steps it may take to effect strategic change at MariaDB.
  • Runa invites discussion with MariaDB shareholders who share its concerns and are prepared to join it in requisitioning an EGM.