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Bitech Technologies Executes Definitive Agreement with Bridgelink for a Business Combination to Acquire Battery Energy Storage Systems and Solar Projects with estimated capacity of up to 5.8 GW

Retrieved on:

Monday, April 15, 2024

OTCQB, Solar energy, News, Security (finance), Definitive, Partnership, BESS, Employment, Growth, Business analyst, MIPA, Bank statement, Renewable energy

Emergen controls rights to develop a portfolio of battery energy storage system (“BESS”) projects with a cumulative storage capacity estimated at 1.965 gigawatts (“GW”) and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the “Development Projects”).

Key Points:

Emergen controls rights to develop a portfolio of battery energy storage system (“BESS”) projects with a cumulative storage capacity estimated at 1.965 gigawatts (“GW”) and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the “Development Projects”).
The execution of the Definitive Agreement underscores our unified commitment to advancing the Development Projects in the United States including Texas, Arizona, and Louisiana.
The Company, under the continued leadership of its current team, will retain its name and ticker symbol while welcoming new executive team members from Bridgelink.
“This business combination is a demonstration of a mutually advantageous partnership to benefit our shareholders,” stated Benjamin Tran, CEO of Bitech Technologies.

Bitech Technologies Executes Definitive Agreement with Bridgelink for a Business Combination to Acquire Battery Energy Storage Systems and Solar Projects with estimated capacity of up to 5.8 GW

Retrieved on:

Monday, April 15, 2024

OTCQB, Solar energy, News, Security (finance), Partnership, Definitive, BESS, Business, Growth, Employment, Business analyst, MIPA, Bank statement, Renewable energy

Emergen controls rights to develop a portfolio of battery energy storage system ("BESS") projects with a cumulative storage capacity estimated at 1.965 gigawatts ("GW") and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the "Development Projects").

Key Points:

Emergen controls rights to develop a portfolio of battery energy storage system ("BESS") projects with a cumulative storage capacity estimated at 1.965 gigawatts ("GW") and rights to develop a portfolio of solar energy development projects with a cumulative capacity estimated at 3.840 GW (collectively, the "Development Projects").
The execution of the Definitive Agreement underscores our unified commitment to advancing the Development Projects in the United States including Texas, Arizona, and Louisiana.
• The Company, under the continued leadership of its current team, will retain its name and ticker symbol while welcoming new executive team members from Bridgelink.
"This business combination is a demonstration of a mutually advantageous partnership to benefit our shareholders," stated Benjamin Tran, CEO of Bitech Technologies.

(Corrected) Global Tech Industries Group, Inc. acquires AI Commerce Group, LLC., through a binding Membership Interest Purchase Agreement

Retrieved on:

Monday, August 21, 2023

MIPA, AI, Dairy

New York, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTC) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”), www.gtii-us.com , announced today that it has signed a Membership Interest Purchase Agreement (“MIPA”) with AI Commerce Holdings, LLC., (“AI Holdings”) to acquire all the membership interest, including the assets and operations of MIPA, from the members of AI Commerce Group, LLC, (“AI Group”), a privately held Puerto Rico company in the business of acquiring and operating ecommerce websites and brands to make them more efficient.

Key Points:

New York, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTC) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”), www.gtii-us.com , announced today that it has signed a Membership Interest Purchase Agreement (“MIPA”) with AI Commerce Holdings, LLC., (“AI Holdings”) to acquire all the membership interest, including the assets and operations of MIPA, from the members of AI Commerce Group, LLC, (“AI Group”), a privately held Puerto Rico company in the business of acquiring and operating ecommerce websites and brands to make them more efficient.
The new company would become part of GTII through the incorporation of a new, wholly owned subsidiary.
AI GROUP was incorporated to take advantage of the inefficiencies in ecommerce by using AI technologies.
The team is made up of experts in digital marketing, ecommerce, sourcing and procurement, and banking.

Global Tech Industries Group, Inc. acquires AI Commerce Group, LLC., through a binding Membership Interest Purchase Agreement

Retrieved on:

Monday, August 21, 2023

MIPA, AI, Dairy

New York, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”), www.gtii-us.com , announced today that it has signed a Membership Interest Purchase Agreement (“MIPA”) with AI Commerce Holdings, LLC., (“AI Holdings”) to acquire all the membership interest, including the assets and operations of MIPA, from the members of AI Commerce Group, LLC, (“AI Group”), a privately held Puerto Rico company in the business of acquiring and operating ecommerce websites and brands to make them more efficient.

Key Points:

New York, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) -- ( GTII : OTCQB) Global Tech Industries Group, Inc. (“ GTII ” or “The Company”), www.gtii-us.com , announced today that it has signed a Membership Interest Purchase Agreement (“MIPA”) with AI Commerce Holdings, LLC., (“AI Holdings”) to acquire all the membership interest, including the assets and operations of MIPA, from the members of AI Commerce Group, LLC, (“AI Group”), a privately held Puerto Rico company in the business of acquiring and operating ecommerce websites and brands to make them more efficient.
The new company would become part of GTII through the incorporation of a new, wholly owned subsidiary.
AI GROUP was incorporated to take advantage of the inefficiencies in ecommerce by using AI technologies.
The team is made up of experts in digital marketing, ecommerce, sourcing and procurement, and banking.

EAT WELL GROUP TO SELL SAPIENTIA FOR USD $10 MILLION IN NASDAQ MERGER WITH MEDS & SUPERLATUS FOODS

Retrieved on:

Friday, June 23, 2023

This strategic move marks Eat Well Group's commitment to sharpening its focus and leveraging its global agricultural strategy by divesting non-core assets.

Key Points:

This strategic move marks Eat Well Group's commitment to sharpening its focus and leveraging its global agricultural strategy by divesting non-core assets.
The sale of Sapientia unlocks significant value and positions the Company for exponential growth in collaboration with MEDS and Superlatus Foods.
Marc Aneed, CEO of Eat Well Group, states, "We are very pleased to announce the sale of Sapientia for USD $10 million, allowing us to unlock the value of our IP portfolio and retain a substantial position in the NASDAQ company, MEDS.
As part of the transaction, Superlatus is completing a Merger with TRxADE on the NASDAQ (the "Merger").

AYR Wellness Reaches Agreement on GSD NJ and Sira Naturals Earn-Out Amendments and Retains Moelis & Company LLC as Financial Advisor

Retrieved on:

Friday, May 12, 2023

EEA, SVS, MIPA, CSE, Debt-to-GDP ratio, Calendar, GSD, Acquisition, OTCQX, Bank, Security (finance)

The promissory notes are expected to be issued by May 19, 2023.

Key Points:

The promissory notes are expected to be issued by May 19, 2023.
This amendment results in a substantial reduction of dilution to the Company’s shareholders.
The Company also announced today that it has engaged Moelis & Company LLC as its financial advisor to help the Company explore capital structure alternatives to extend upcoming debt maturities.
The Company also announced today that it is in discussions with holders of vendor-take-back and other promissory notes regarding amendments to the terms (including maturities) of such notes.

Boston Omaha Asset Management, LLC, a Wholly Owned Subsidiary of Boston Omaha Corporation, Acquires 100% Ownership Interest in 24th Street Asset Management, LLC

Retrieved on:

Monday, May 1, 2023

Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, REIT, 24th Street, MIPA, Statutory holdback, Sellers, Commercial property, Sale, Philosophy, Acquisition, Vulnerability and Risk Committee, BOC, BFR, NYSE, Bank

Boston Omaha Asset Management, LLC (“BOAM”), a wholly-owned subsidiary of Boston Omaha Corporation (NYSE:BOC) (“BOC” or the “Company”) has acquired the remaining ownership interest in 24th Street Asset Management, LLC (“24th Street”).

Key Points:

Boston Omaha Asset Management, LLC (“BOAM”), a wholly-owned subsidiary of Boston Omaha Corporation (NYSE:BOC) (“BOC” or the “Company”) has acquired the remaining ownership interest in 24th Street Asset Management, LLC (“24th Street”).
Prior to the acquisition, BOAM owned a 48% beneficial interest in 24th Street.
24th Street serves as the general partner of two funds and several joint ventures, which invest via equity and debt in commercial real estate assets.
As of December 31, 2022, 24th Street has approximately $123 million of assets under management, inclusive of two closed-end funds and multiple joint ventures.

Lionheart Acquisition Corporation II Announces Clarification Regarding New Warrants and Updated Target Closing Date

Retrieved on:

Saturday, May 21, 2022

Lionheart Acquisition Corporation II (Nasdaq: LCAPU, LCAP and LCAPW) (Company) announces a clarification on the issuance of New Warrants, as previously announced in connection with its business combination with MSP Recovery, LLC (the Business Combination).

Key Points:

Lionheart Acquisition Corporation II (Nasdaq: LCAPU, LCAP and LCAPW) (Company) announces a clarification on the issuance of New Warrants, as previously announced in connection with its business combination with MSP Recovery, LLC (the Business Combination).
The Company will issue the New Warrants pursuant to a warrant agreement, substantially in the form attached as Annex M to the Registration Statement.
Lionheart Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The communication should not be relied upon as representing our assessments as of any date subsequent to the date of this communication.

Lionheart Acquisition Corporation II Declares Special Dividend in the Form of New Warrants

Retrieved on:

Tuesday, May 10, 2022

Data Management, Banking, Technology, Professional Services, Other Health, Health, General Health, Other Technology, Software, Other Professional Services, Finance, Transfer, Communication, Business, Failure, Budget, Annual report, Register, LCAP, SEC, Securities Exchange Act of 1934, Solution, Assignor estoppel, Risk, Sports Properties Acquisition Corporation, ITU G.992.5 Annex M, Company, Securities Act of 1933, Health, Probability, Registration statement, Prospectus, MIPA, Business architecture, Member, Materiality, THE, Board of directors, U.S. Securities and Exchange Commission, Medicare, Private Securities Litigation Reform Act, MSP, Common stock, Security (finance), Compliance, Sale, Depository Trust Company, Goal, Ownership, Growth, Common, Acquisition, Exercise, Board, COVID-19, Privacy, Name, LLC, Form, Amendment, Legislation, PARTIES, Warrant, Depository Trust & Clearing Corporation, Proxy, Date, Nasdaq, Medicaid

The New Warrants will be issued on the 10th day following the Closing, or on the earliest date reasonably practicable thereafter.

Key Points:

The New Warrants will be issued on the 10th day following the Closing, or on the earliest date reasonably practicable thereafter.
The Company intends for the New Warrants to be listed, subject to Nasdaq approval, on the Nasdaq under the trading symbol MSPRW.
The Company will issue the New Warrants pursuant to a warrant agreement, substantially in the form attached as Annex M to the Registration Statement.
Lionheart Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

MSP Recovery and Lionheart Acquisition Corporation II Announce Effectiveness of Registration Statement

Retrieved on:

Tuesday, May 3, 2022

MSP Recovery, LLC (MSP Recovery or MSP), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, and Lionheart Acquisition Corporation II (Nasdaq: LCAPU, LCAP, LCAPW, Lionheart or LCAP), today announced that LCAPs registration statement on Form S-4 (the Registration Statement) related to their previously announced proposed business combination (the Business Combination) has been declared effective by the U.S. Securities and Exchange Commission (SEC).

Key Points:

MSP Recovery, LLC (MSP Recovery or MSP), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, and Lionheart Acquisition Corporation II (Nasdaq: LCAPU, LCAP, LCAPW, Lionheart or LCAP), today announced that LCAPs registration statement on Form S-4 (the Registration Statement) related to their previously announced proposed business combination (the Business Combination) has been declared effective by the U.S. Securities and Exchange Commission (SEC).
Founded in 2014, MSP Recovery has become a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, disrupting the antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties.
MSP Recovery provides the healthcare industry with comprehensive compliance solutions, while innovating technologies designed to help save lives.
In connection with the proposed business combination, Lionheart has filed a registration statement on Form S-4 (the Form S-4) with the U.S. Securities and Exchange Commission (the SEC).