Month: October 2019

The Linley Group Microprocessor Report Highlights BrainChip’s Akida™ Spiking-Neural-Network Processor

Report examines applications of Akida’s capabilities around pattern identification in unlabeled data SAN FRANCISCO–(BUSINESS WIRE)–BrainChip Holdings Ltd. (ASX: BRN), a leading provider of ultra-low power, high performance edge AI technology, today announced that The Linley Group has completed an analysis of the company’s Akida™ processor platform. The results of the analysis are available in a …

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Osprey Technology Acquisition Corp. Announces Pricing of Upsized $275,000,000 Initial Public Offering

PHILADELPHIA–(BUSINESS WIRE)–Osprey Technology Acquisition Corp. (the “Company”), a technology-focused special purpose acquisition entity formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its upsized initial public offering of 27,500,000 units at a price …

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Announcing VanEck Vectors ETFs’ October 2019 Distributions

NEW YORK–(BUSINESS WIRE)–VanEck announced today its distributions per share for its VanEck Vectors® exchange-traded funds. The following dates apply to distribution declarations for the funds listed below: Ex-Date November 1, 2019 Record Date November 4, 2019 Payable Date November 7, 2019   Fund Ticker Distribution Frequency Distribution Amount per Share VanEck Vectors Fallen Angel High …

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BISTel and SK Telecom Announce Grandview® APM Powered by Metatron®

A.I. Powered Health Monitoring and Predictive Maintenance Solution Eliminates Downtime, Powers Data Driven Smart Manufacturing Grandview® APM enables constant equipment uptime with real-time fault detection, classification and prediction to cut maintenance costs 10x, and extend life of equipment SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI–BISTel, the market leading supplier of automation, engineering and adaptive intelligence (A.I.) applications for …

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Quality Electrodynamics (QED) Sells Majority Ownership Interest to Canon Inc.

MAYFIELD VILLAGE, Ohio–(BUSINESS WIRE)–Quality Electrodynamics, LLC (QED), headquartered in Mayfield Village, Ohio, announced today the sale of 70% of its ownership interest to Canon Inc. (Canon) headquartered in Tokyo, Japan. QED will become a consolidated subsidiary of Canon but will retain its name, independent identity and location in Mayfield Village. QED is a leading diagnostic …

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  Clinigence Holdings, Inc. Goes Public via a Reverse Merger With iGambit, Inc.

ATLANTA–(BUSINESS WIRE)–#Healthcare–Clinigence Holdings, Inc. (“Clinigence” or the “Company”) announced today that it has become a publicly-traded company via a reverse merger with iGambit, Inc. (“iGambit”) (OTC: IGMB), a fully reporting public company. The combined company will be called Clinigence Holdings, Inc. and will trade on the OTC Markets under the symbol CLNH. Clinigence is a …

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Hilltop Holdings Inc. Announces Financial Results for Third Quarter 2019

DALLAS–(BUSINESS WIRE)–Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced financial results for the third quarter of 2019. Hilltop produced income to common stockholders of $79.4 million, or $0.86 per diluted share, for the third quarter of 2019, compared to $35.8 million, or $0.38 per diluted share, for the third quarter of 2018. Hilltop also announced …

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Hudson Group Enters Agreement to Acquire OHM Concession Group LLC

Acquisition Adds New Food & Beverage Concessions Capabilities and Expands North American Footprint Further Positioning Hudson Group as “The Traveler’s Best Friend” EAST RUTHERFORD, N.J.–(BUSINESS WIRE)–$hud #acquisition–Hudson Group (NYSE: HUD), a leader in North American travel retail, today announced that it has signed an agreement to acquire a controlling stake in the assets of OHM …

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Sachem Capital Corp. Prices Registered Public Offering of $30.0 Million of 6.875% Notes

BRANFORD, Conn.–(BUSINESS WIRE)–Sachem Capital Corp. (NYSE American: SACH) today announced the pricing of a registered public offering of $30.0 million aggregate principal amount of 6.875% unsecured, unsubordinated notes due 2024 (“Notes”). The net proceeds of the offering to Sachem Capital Corp. are expected to be approximately $28.6 million after payment of underwriting discounts and commissions …

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Triton International Announces Pricing of Public Offering of Series C Preference Shares

HAMILTON, Bermuda–(BUSINESS WIRE)–Triton International Limited (NYSE:TRTN) (the “Company” or “Triton”) today announced the pricing of an underwritten offering of 7,000,000 7.375% Series C Cumulative Redeemable Perpetual Preference Shares with a liquidation preference of $25.00 per share (the “Series C Preference Shares”) for gross proceeds of $175,000,000. The Company intends to use the net proceeds from …

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AM Best Affirms Credit Ratings of Trisura Guarantee Insurance Company and Trisura Specialty Insurance Company

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating A- (Excellent) and the Long-Term Credit Rating of “a-” of Trisura Guarantee Insurance Company (Trisura Guarantee) (Toronto, Ontario, Canada), and its sister company, Trisura Specialty Insurance Company (Trisura Specialty) (Oklahoma City, OK). The outlook of these Credit Ratings (ratings) remains stable. The ratings of Trisura …

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J2 Global Reports Third Quarter 2019 Results

Achieves Record Third Quarter Revenues LOS ANGELES–(BUSINESS WIRE)–J2 Global, Inc. (NASDAQ: JCOM) today reported financial results for the third quarter ended September 30, 2019. “We’re pleased with the acceleration in our growth and our strong results across the board,” said Vivek Shah, CEO of J2 Global. “We’re also excited by our four acquisitions, including BabyCenter …

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SECURA Upgrades Majesco Policy for P&C and Expands Additional Lines of Business and States

Upgrade and expansion builds on a 25 year strategic partnership that positions them for the future of insurance MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco (NASDAQ:MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that SECURA Insurance successfully upgraded to Version 10 of Majesco Policy for P&C, transferred all policies, and implemented additional …

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Assurant Acquires Global Cell Phone Repair Operator CPR

Expanded options for same-day mobile repair service to provide a more seamless experience for consumers; Positions franchisees to diversify and grow their businesses NEW YORK–(BUSINESS WIRE)–Assurant (NYSE: AIZ), a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases, today announced it has acquired MMI-CPR LLC, which operates as …

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PennyMac Mortgage Investment Trust Reports Third Quarter 2019 Results

WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $63.8 million, or $0.71 per common share on a diluted basis for the third quarter of 2019, on net investment income of $130.8 million. PMT previously announced a cash dividend for the third quarter of 2019 of …

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LTC Reports 2019 Third Quarter Results and Discusses Recent Activities

WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–#earnings–LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for its third quarter ended September 30, 2019. Net income available to common stockholders was $27.1 million, or $0.68 per diluted share, for the 2019 third quarter, compared …

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