Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.

AcuityAds Announces Company Name Change to illumin

Retrieved on: 
Tuesday, June 20, 2023

TORONTO and NEW YORK, June 20, 2023 (GLOBE NEWSWIRE) -- AcuityAds Holdings Inc. (TSX:ILLM, Nasdaq:ILLM) (“illumin” or the “Company”) is pleased to announce that it has changed its name to illumin Holdings Inc. (the “Name Change”).

Key Points: 
  • TORONTO and NEW YORK, June 20, 2023 (GLOBE NEWSWIRE) -- AcuityAds Holdings Inc. (TSX:ILLM, Nasdaq:ILLM) (“illumin” or the “Company”) is pleased to announce that it has changed its name to illumin Holdings Inc. (the “Name Change”).
  • The Name Change was approved by the Toronto Stock Exchange (“TSX”) and Nasdaq as well as the shareholders of the Company at the annual general and special meeting of shareholders held on June 14, 2023.
  • The Company expects that its outstanding common shares will commence trading on the TSX and the Nasdaq under the new name and trading symbol as of the open of business in the marketplace on June 21, 2023.
  • The trading symbol for the common shares of the Company will remain the same, “ILLM”.

7GC & Co. Holdings Inc. Announces Postponement of its Special Meeting of Stockholders and Extension of Redemption Date

Retrieved on: 
Thursday, June 15, 2023

The record date for the Meeting to vote on the Extension remains the close of business on May 16, 2023 (the “Record Date”).

Key Points: 
  • The record date for the Meeting to vote on the Extension remains the close of business on May 16, 2023 (the “Record Date”).
  • Stockholders who have previously submitted their proxy or otherwise voted and who do not want to change their vote need not take any action.
  • Stockholders as of the Record Date can vote, even if they have subsequently sold their shares.
  • Stockholders who wish to withdraw their previously submitted redemption request may do so prior to the rescheduled Meeting by requesting that the transfer agent return such shares.

Lumentum Holdings Inc. Announces Upsize and Pricing of $525 Million Convertible Notes Offering

Retrieved on: 
Wednesday, June 14, 2023

Lumentum Holdings Inc. (“Lumentum”) (NASDAQ: LITE) today announced the pricing of $525 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”).

Key Points: 
  • Lumentum Holdings Inc. (“Lumentum”) (NASDAQ: LITE) today announced the pricing of $525 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”).
  • The aggregate principal amount of the offering was increased from the previously announced offering size of $500 million (or $575 million if the initial purchasers exercise their option to purchase additional notes in full).
  • Lumentum granted the initial purchasers of the notes a 13-day option to purchase up to an additional $78.75 million aggregate principal amount of the notes.
  • These activities may affect the trading price of Lumentum’s common stock and the initial conversion price of the notes.

Lumentum Holdings Inc. Announces $500 Million Convertible Notes Offering

Retrieved on: 
Monday, June 12, 2023

Lumentum also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $75 million aggregate principal amount of the notes.

Key Points: 
  • Lumentum also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $75 million aggregate principal amount of the notes.
  • The notes will be senior, unsecured obligations of Lumentum, and interest will be payable semi-annually in arrears.
  • The interest rate, conversion rate and certain other terms of the notes are to be determined upon pricing of the offering.
  • These activities may affect the trading price of Lumentum’s common stock and, if conducted concurrently with this offering, may result in a higher initial conversion price for the notes Lumentum is offering.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates USX, LSI, CHRA

Retrieved on: 
Wednesday, June 14, 2023

If you are a U.S. Xpress shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a U.S. Xpress shareholder, click here to learn more about your rights and options .
  • If you are a Life Storage shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

American Lithium Reaches Definitive Agreement to Spin Out Macusani Uranium Deposit into an Independent Public Company

Retrieved on: 
Wednesday, June 7, 2023

(“American Lithium” or the “Company”) (TSX-V:LI | NASDAQ:AML| Frankfurt:5LA1) announces that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Friday’s Dog Holdings Inc. (TSX-V:FRDY), a public company currently listed on the TSX Venture Exchange and to be renamed International Uranium Corp. (“International Uranium”), dated June 6, 2023, pursuant to which it will transfer ownership (the “Transaction”) of its Macusani Uranium Project (the “Macusani Project”).

Key Points: 
  • (“American Lithium” or the “Company”) (TSX-V:LI | NASDAQ:AML| Frankfurt:5LA1) announces that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Friday’s Dog Holdings Inc. (TSX-V:FRDY), a public company currently listed on the TSX Venture Exchange and to be renamed International Uranium Corp. (“International Uranium”), dated June 6, 2023, pursuant to which it will transfer ownership (the “Transaction”) of its Macusani Uranium Project (the “Macusani Project”).
  • In accordance with the terms of the Arrangement Agreement, the Company will transfer ownership of a wholly owned Peruvian subsidiary which holds the mineral concessions comprising the Macusani Project to International Uranium.
  • International Uranium will also reconstitute its board of directors and management to consist of nominees of the Company.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.

U.S. XPRESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of U.S. Xpress Enterprises, Inc. - USX

Retrieved on: 
Tuesday, June 6, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of U.S. Xpress Enterprises, Inc. (NYSE: USX) to Knight-Swift Transportation Holdings Inc. (NYSE: KNX).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of U.S. Xpress Enterprises, Inc. (NYSE: USX) to Knight-Swift Transportation Holdings Inc. (NYSE: KNX).
  • Under the terms of the proposed transaction, shareholders of U.S. Xpress will receive $6.15 in cash for each share of U.S. Xpress that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

SIMPSON MANUFACTURING CO., INC. ANNOUNCES THE APPOINTMENT OF CHAU BANKS AND FELICA CONEY TO ITS BOARD OF DIRECTORS

Retrieved on: 
Monday, June 5, 2023

"I am delighted to have Ms. Banks and Ms. Coney enrich our Board with their diverse skillsets and core strengths which align well with Simpson's growth oriented approach," commented James Andrasick, Chair of Simpson's Board of Directors.

Key Points: 
  • "I am delighted to have Ms. Banks and Ms. Coney enrich our Board with their diverse skillsets and core strengths which align well with Simpson's growth oriented approach," commented James Andrasick, Chair of Simpson's Board of Directors.
  • "Ms. Banks has an impressive background as a C-level executive at leading consumer products companies, helping to build and scale their eCommerce units.
  • Ms. Banks also brings in-depth knowledge of digital infrastructure, omnichannel go to market strategies and data analytics.
  • Ms. Coney is an accomplished professional with a proven track record in delivering world-class operations and leading end-to-end supply chain transformations.

Image Skincare Names Sennen Pamich Chief Executive Officer

Retrieved on: 
Monday, June 5, 2023

Image Skincare (“Image” or the “Company”), a leading global skincare brand that develops and distributes clinical products for the professional skincare channel, today announced that Sennen Pamich, former President of Wella Company Americas, has joined the Company as Chief Executive Officer, effective as of May 2023.

Key Points: 
  • Image Skincare (“Image” or the “Company”), a leading global skincare brand that develops and distributes clinical products for the professional skincare channel, today announced that Sennen Pamich, former President of Wella Company Americas, has joined the Company as Chief Executive Officer, effective as of May 2023.
  • “We are pleased to welcome Sennen to Image,” said Steven Loeffler, Principal at MidOcean Partners, a middle-market private equity firm and majority owner of Image.
  • “Image’s commitment to providing professional-grade skincare products that not only meet customers’ needs but also are backed by clinically proven results have cemented the Company as a skincare market leader.
  • Mr. Pamich has also previously held executive and leadership roles at esteemed global beauty and healthcare brands including BVLGARI, Johnson & Johnson, and Procter & Gamble.

InspireSemi Announces Extension of Private Placement and Shares for Debt Settlement

Retrieved on: 
Tuesday, May 30, 2023

The Company now expects the offering to close on or before June 28, 2023 subject to the approval of the TSX Venture Exchange.

Key Points: 
  • The Company now expects the offering to close on or before June 28, 2023 subject to the approval of the TSX Venture Exchange.
  • The terms of the Offering are unchanged from those previously reported.
  • The Company issued the Shares in full satisfaction of the Debt.
  • All Shares issued pursuant to the settlement of the Debt are subject to a hold period of four months plus a day from the date of issuance of the Shares, being September 27, 2023, in accordance with applicable securities legislation and the polices of the TSX Venture Exchange.