Month: September 2020

KBRA Assigns Preliminary Ratings to FirstKey Homes 2020-SFR2 Trust

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 12 classes of FirstKey Homes 2020-SFR2 Trust (FKH 2020-SFR2) single-family rental pass-through certificates. FKH 2020-SFR2 is a single-borrower, single-family rental (SFR) securitization that will be collateralized by a $2.5 billion loan secured by first priority mortgages on 14,288 income-producing single-family homes. The fixed-rate loan …

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MedX Health Corp. Announces Second Quarter 2020 Results

MISSISSAUGA, Ontario–(BUSINESS WIRE)–MedX Health Corp. (“MedX” or the “Company”) (TSX-V: MDX) announced its results for the three and six-months ended June 30, 2020, which are also available on SEDAR (www.sedar.com). The Company reported revenue of $69,452 for the three months ended June 30, 2020, compared with revenue of $259,108 for the three months ended June …

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COVID-19 Recovery Analysis: Security Information and Event Management (SIEM) Market | Increase in Cybercrime to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#GlobalSecurityInformationandEventManagementSIEMMarket–Technavio has been monitoring the security information and event management (SIEM) market and it is poised to grow by USD 3.94 bn during 2020-2024, progressing at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market …

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COVID-19 Recovery Analysis: Canoeing And Kayaking Equipment Market | Growing Preference For Recreational Kayaking to boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#CanoeingandKayakingEquipmentMarket–Technavio has been monitoring the canoeing and kayaking equipment market and it is poised to grow by $ 124.44 mn during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although …

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Data Center Cooling Solutions Market- Roadmap for Recovery from COVID-19|The Increased Demand For Data Centers to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#DataCenterCoolingSolutionsMarket–Technavio has been monitoring the data center cooling solutions market and it is poised to grow by $ 4.55 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although …

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MVIS Announces September 2020 Monthly Index Review Results of MVIS CryptoCompare Digital Assets Indices

FRANKFURT–(BUSINESS WIRE)–MV Index Solutions GmbH (MVIS®) today announced the results of the monthly MVIS CryptoCompare Digital Assets Indices. The table below summarizes the results for the indices which contain more than one component. Detailed review results can be found on https://www.mvis-indices.com/indices/digital-assets. The following changes will be implemented on 30 September 2020 and will become effective …

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Premier Financial Corp. Announces Pricing of $50 Million of Fixed-to-Floating Rate Subordinated Notes

DEFIANCE, Ohio–(BUSINESS WIRE)–Premier Financial Corp. (NASDAQ: PFC) (“Premier” or the “Company”) announced today that it has priced its offering of $50.0 million aggregate principal amount of 4.00% fixed-to-floating rate subordinated notes due 2030 (the “Notes”) in a private offering exempt from the registration requirements under the Securities Act of 1933, as amended (the “Securities Act”). …

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Palantir Announces Update Regarding Outstanding Shares of Common Stock and Shares Permitted to Be Sold Under Lock-Up Agreements

DENVER–(BUSINESS WIRE)–Palantir Technologies Inc. today announced that, as of September 24, 2020, there were 1,050.1 million shares of Palantir’s Class A common stock outstanding, 598.7 million shares of Class B common stock outstanding, and 1.0 million shares of Class F common stock outstanding, including shares that are permitted to be sold under Palantir’s market standoff …

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Spectra7 Announces Closing of Final Tranche of Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES TORONTO–(BUSINESS WIRE)–(TSXV:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announces that it has closed the …

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DWS Closed-End Funds Announce Extension of Share Repurchase Programs

NEW YORK–(BUSINESS WIRE)–DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund,” and collectively, the “Funds”) each announced today that its respective Board of Trustees has extended the Fund’s existing open market share repurchase program for an additional twelve-month period. Each Fund may continue to purchase outstanding shares …

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The First Bancshares, Inc. Announces Completion of $65 Million Subordinated Notes Offering

HATTIESBURG, Miss.–(BUSINESS WIRE)–The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or the “Company”), the holding company for The First, A National Banking Association, announced today the completion of a private placement of $65 million of its 4.25% fixed to floating rate subordinated notes due 2030 (the “Notes”) to certain qualified institutional buyers. The Notes are …

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GoodRx Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

SANTA MONICA, Calif.–(BUSINESS WIRE)–GoodRx Holdings Inc., a leading consumer-focused digital healthcare platform in the United States, today announced the closing of its initial public offering of 39,807,691 shares of its Class A common stock at a price to the public of $33.00 per share. Of the offered shares, 28,615,034 shares were offered by GoodRx and …

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BlackRock TCP Capital Corp. Prices $50,000,000 of 3.9% Notes Due 2024

SANTA MONICA, Calif.–(BUSINESS WIRE)–BlackRock TCP Capital Corp. (NASDAQ: TCPC) (“TCPC” or the “Company”) announced today the pricing of $50,000,000 in aggregate principal amount of 3.9% notes due 2024 (the “Notes”). The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered and paid for on October 2, …

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AM Best Removes From Under Review With Positive Implications and Upgrades Issuer Credit Rating of Standard Life and Casualty Insurance Company

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” from “bb” and affirmed the Financial Strength Rating of B (Fair) of Standard Life and Casualty Insurance Company (Standard Life and Casualty) (Salt Lake City, UT). The outlook assigned to these Credit …

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Gores Holdings V, Inc. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing September 28, 2020

LOS ANGELES–(BUSINESS WIRE)–Gores Holdings V, Inc. (Nasdaq: GRSVU) (the “Company”) announced that, commencing September 28, 2020, holders of the units sold in the Company’s initial public offering of 52,500,000 units completed on August 10, 2020 may elect to separately trade the shares of Class A common stock and warrants included in the units. Those units …

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BBX Capital Corporation Announces Shareholder Approval of Spin-Off of BBX Capital Florida LLC and Corporate Name Change

— BBX Capital Corporation and BBX Capital Florida LLC Also Provide Other Updates Relating to the Spin-Off, Including BBX Capital Florida LLC’s Adoption of a Rights Plan — FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) (the “Company”) and its subsidiary, BBX Capital Florida LLC (“New BBX Capital”), announced the following today: Shareholder …

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Association of Independent Mortgage Experts Partners with United Wholesale Mortgage and Home Point Financial to Introduce Small Business Grant Program for Minority and Woman Owned Independent Mortgage Brokerages

Through the Spark grant program, entrepreneurs from underrepresented groups will be awarded up to $50,000 to use towards business expenses. PHILADELPHIA–(BUSINESS WIRE)–The Association of Independent Mortgage Experts (AIME) announces Spark, a grant program designed to provide opportunities for entrepreneurs in the wholesale mortgage industry. Spark will launch with initial funding of $2 million and feature …

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AT&T Declares Quarterly Dividend on Common Shares

DALLAS–(BUSINESS WIRE)–The board of directors of AT&T Inc. (NYSE: T) today declared a quarterly dividend of $0.52 a share on the company’s common shares. The dividend is payable on November 2, 2020, to stockholders of record at the close of business on October 12, 2020. *About AT&T AT&T Inc. (NYSE:T) is a diversified, global leader …

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AM Best Affirms Credit Ratings of Ardellis Insurance Ltd.

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Ardellis Insurance Ltd. (Ardellis) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Ardellis’ balance sheet strength, which AM Best categorizes as very strong, as well as its adequate …

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