Month: May 2021

Corporación América Airports S.A. Reports April 2021 Passenger Traffic

Total passenger traffic was up 13.4x year-on-year, but declined 75.7% when compared to April 2019 LUXEMBOURG–(BUSINESS WIRE)–Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 1,342.4% YoY passenger traffic growth in April 2021, and 75.7% decline when compared …

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Cazoo and Ajax I Announce Filing of Preliminary Proxy Statement in Connection with Proposed Business Combination

LONDON & NEW YORK–(BUSINESS WIRE)–Cazoo Holdings Limited (“Cazoo” or “the Company”), the UK’s leading online car retailer, which makes buying a car as simple and seamless as purchasing any other product online and Ajax I (“AJAX”) (NYSE: AJAX), a publicly-traded special purpose acquisition company (“SPAC”), today announced that a preliminary proxy statement/registration statement on Form …

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FG Financial Group, Inc. Reports First Quarter 2021 Financial Results

SPAC Investment and Services Strategy Delivers Unrealized Gain of $3.6 Million ST. PETERSBURG, Fla.–(BUSINESS WIRE)–FG Financial Group, Inc. (Nasdaq:FGF) (the “Company”), a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital to SPAC and SPAC sponsor-related businesses, today announced results for the first quarter ended March 31, …

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New Beginnings Acquisition Corp. (NYSE American: NBA) Files Registration Statement on Form S-4 in Conjunction with Proposed Business Combination with Airspan Networks Inc., a Leading 5G Innovator and Disruptor

Transaction expected to close in the third quarter of 2021 Proceeds expected to be used to support Airspan’s 5G revenue growth, expand its product portfolio, and provide working capital to fund increasing demand for 5G Open RAN and private network solutions BOCA RATON, Fla.–(BUSINESS WIRE)–Airspan Networks Inc. (“Airspan”), which provides ground-breaking, disruptive software and hardware …

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nVent Announces Share Repurchase Authorization

LONDON–(BUSINESS WIRE)–nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that its Board of Directors has approved a three-year share repurchase program pursuant to which the Company may repurchase up to $300 million of nVent shares. The program begins on July 23, 2021, upon the expiration of nVent’s …

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Apple Hospitality REIT Recognizes Hotel Associates with 2020 Apple Awards

RICHMOND, Va.–(BUSINESS WIRE)–Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced recipients of the Company’s 2020 Apple Awards. The winners were chosen for their outstanding contributions in 2020. “We could not be more grateful for the exceptional operating teams at our hotels and their dedication to serving our guests with care …

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Similarweb Announces Closing of Initial Public Offering

TEL AVIV, Israel–(BUSINESS WIRE)–Similarweb Ltd. (“Similarweb”) today announced the closing of its initial public offering. An aggregate of 8,000,000 ordinary shares were sold in the offering. Similarweb offered 7,500,000 ordinary shares and the selling shareholder named in the prospectus offered 500,000 shares. Similarweb did not receive any proceeds from the sale of shares by the …

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Gilead Sciences to Present at Upcoming Investor Conferences

FOSTER CITY, Calif.–(BUSINESS WIRE)–Gilead Sciences, Inc. (Nasdaq: GILD) announced today that its executives will be speaking at the following investor conferences: Cowen Annual Virtual Oncology Innovation Summit on Friday, May 21 at 12:00pm ET Jefferies Virtual Healthcare Conference on Tuesday, June 1 at 1:30pm ET Bernstein Annual Strategic Decisions Conference on Wednesday, June 2 at …

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Gabelli Go Anywhere Trust Series A Cumulative Preferred Shares Declares $0.50 Quarterly Dividend and Announces Intention to Redeem

RYE, N.Y.–(BUSINESS WIRE)–The Board of Trustees of The Gabelli Go Anywhere Trust (NYSE American: GGO) (the “Fund”) declared a $0.50 per share cash distribution payable on June 28, 2021 to Series A preferred shareholders of record on June 21, 2021. Commencing five years from the closing date of the offering (September 15, 2016), and thereafter, …

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MSCI Completes Private Offering of $600 Million 3.625% Senior Notes Due 2031

NEW YORK–(BUSINESS WIRE)–MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that it has successfully completed its private offering of $600.0 million aggregate amount of its 3.625% senior unsecured notes (the “notes”) due 2031 (the “offering”). The notes will mature on November 1, …

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KBRA Assigns Preliminary Ratings to Notes Issued by Genesis Sales Finance Master Trust, Series 2021-A

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of notes issued by Genesis Sales Finance Master Trust, Series 2021-A (“GSFMT Series 2021-A”), a credit card asset-backed securitization. The preliminary ratings reflect initial credit enhancement levels of 57.10% for the Class A notes to 5.00% for the Class F notes. As …

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Divibank Raises $3.6M to Help Entrepreneurs in Latin America Grow their Businesses, Announces Plan to Provide Marketing Analytics Software for Clients

Round led by Better Tomorrow Ventures (BTV) with participation from existing investor MAYA Capital, new investors Village Global, Clocktower Ventures, and others SÃO PAULO–(BUSINESS WIRE)–Divibank, the financing platform where LatAm businesses have access to growth capital via revenue-share financing, announced on May 12, 2021, it closed a $3.6M round of Seed funding led by Better …

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Burrell trust adopts Rule 10b5-1 stock disposition plans

SCHAFFHAUSEN, Switzerland–(BUSINESS WIRE)–Garmin® Ltd. (Nasdaq: GRMN) today announced that a trust, of which Jonathan Burrell, son of the company’s co-founder and a director of Garmin Ltd., is a co-trustee, has established a pre-arranged trading plan to sell a portion of the trust’s shares in the company over a designated period. The plan was adopted in …

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First Patent Being Auctioned as an NFT Solves for Needed Blockchain Capabilities and a Lower Carbon Footprint

Auctioned patent, currently listed on the OpenSea platform, provides elegant solution for maintaining blockchain’s foundational benefits while expanding applications and improving Blockchain’s ESG NEW CANAAN, Conn. & FORT WORTH, Texas–(BUSINESS WIRE)–True Return Systems LLC and D. Tiller Law PLLC are auctioning U.S. Patent No. 10,025,797 (“the Patent”) on the blockchain in the form of an …

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