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Linqto Chapter 11 Case To Remain In Texas

Lastest from Businesswire - Wed, 08/06/2025 - 21:16
HOUSTON, TX--(BUSINESS WIRE)--Linqto announced today that its voluntary Chapter 11 bankruptcy case will remain in the U.S. Bankruptcy Court in the Southern District of Texas. Judge Alfredo R. Perez rejected Interested Party Sapien Group USA, LLC’s motion to move venue to Delaware, stating that Linqto filing in Texas complied with U.S. Bankruptcy law. “Today’s ruling is a win for Linqto’s customers and other creditors,” said Samuel Schwartz, lawyer for Linqto and partner at Schwartz PLLC. “Remai

Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG

Lastest from Businesswire - Wed, 08/06/2025 - 21:16
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE: AIG) of common stock of Corebridge Financial has priced at $33.65 per share. The offering is expected to close on August 8, 2025, subject to customary closing conditions. AIG, as the selling stockholder, has offered 30 million existing shares of common stock (out of approximately 538 million total shares of common stock o

Kirby McInerney LLP Reminds Sable Offshore Corp. (SOC) Investors of Class Action Filing and Encourages Investors to Contact the Firm

Lastest from Businesswire - Wed, 08/06/2025 - 21:16
NEW YORK--(BUSINESS WIRE)---- $SOC #ClassAction--The law firm of Kirby McInerney LLP reminds investors who purchased Sable Offshore Corp. (“Sable” or the “Company”) (NYSE:SOC) securities to contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to the securities fraud class action lawsuit against the Company. [LEARN MORE ABOUT THE CLASS ACTION] On May 19, 2025, Sable announced that it had resumed oil pr

Genworth Financial Receives Ratings Upgrade from Moody’s

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial Receives Ratings Upgrade from Moody’s

Kirby McInerney LLP Reminds Capricor Therapeutics, Inc. (CAPR) Investors of Class Action Filing and Encourages Investors to Contact the Firm

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
NEW YORK--(BUSINESS WIRE)---- $CAPR #CAPR--The law firm of Kirby McInerney LLP reminds investors who purchased Capricor Therapeutics, Inc. (“Capricor” or the “Company”) (NASDAQ:CAPR) securities to contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to the securities fraud class action lawsuit against the Company. [LEARN MORE ABOUT THE CLASS ACTION] On May 5, 2025, Capricor issued a press releas

Ziff Davis Reports Second Quarter 2025 Financial Results and Reaffirms 2025 Guidance

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
NEW YORK--(BUSINESS WIRE)--Ziff Davis, Inc. (NASDAQ: ZD) reported unaudited financial results for the second quarter ended June 30, 2025, and reaffirmed its 2025 guidance.

Forza Holdings makes Series B Investment in Premium Men’s Activewear Brand Ten Thousand

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--In a bold move reaffirming its commitment to next-generation consumer brands, Forza Capital announced today that it has made an additional growth investment as part of the Series B funding round in Ten Thousand, the premium men’s activewear brand redefining performance apparel for the modern athlete. This latest investment follows Forza’s participation in the company’s $21.5M Series A round in the summer of 2022. Founded with an uncompromising focus on qu

Comvest Credit Partners and Manulife Announce Agreement to Create a Leading Private Credit Asset Management Platform

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #comvestcreditpartners--Comvest Credit Partners (“Comvest”), a leading middle market direct lending private credit manager with $14.7 billion of assets under management (AUM) on its platform, announced today that it has signed a definitive agreement with Manulife, through its Global Wealth and Asset Management segment, to sell a 75% stake in its private credit business. As part of the agreement, Manulife’s existing Senior Credit team managing $3.7 billion AUM will align with the

Swisslog Healthcare Elevates Jennie McQuade to Global Chief Legal Counsel & Privacy Officer

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
BROOMFIELD, Colo.--(BUSINESS WIRE)--Swisslog Healthcare, a global leader in pharmacy and transport automation solutions, announces the promotion of Jennie McQuade to Global Chief Legal Counsel & Privacy Officer. This appointment recognizes McQuade's decade-long commitment to enhancing data security and privacy in the healthcare industry. "Jennie’s leadership has been instrumental in strengthening our security posture and navigating complex global privacy regulations.” said Cory Kwarta, CEO

 Innovative Industrial Properties Announces Strategic and Diversifying $270 Million Investment in Life Science Real Estate Platform

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”), announced today that it entered into agreements to make an investment totaling up to $270 million into IQHQ, Inc. (“IQHQ”), a premier life science real estate platform with over $5 billion in total assets. The investment (the “Investment,” “Transaction,” or “Investment Transaction”) is comprised of two discrete investments that together are expected to earn a weighted average interest rate

Steadfast LA Launches Initiative With Banc of California To Help Rebuild, Reopen, And Support Small Businesses In Wildfire-Impacted Communities

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
LOS ANGELES--(BUSINESS WIRE)-- #FireRecovery--Steadfast LA, the nonprofit founded by civic leader and businessman Rick Caruso to accelerate the rebuilding of Los Angeles with private-sector solutions, announced today a Small Business Initiative launched with a $1 million donation from Banc of California’s Wildfire Relief & Recovery Fund. The initiative will support retailers, restaurants, and other independent businesses in Altadena, Malibu, and the Pacific Palisades impacted by the devastating Eaton and P

Informa TechTarget to Announce Q2 2025 Financial Results on August 12, 2025

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
NEWTON, Mass.--(BUSINESS WIRE)--TechTarget, Inc. (Nasdaq: TTGT) (“Informa TechTarget” or the “Company”), a leading growth accelerator for the B2B Technology sector, today announced that it will release its Q2 2025 financial results for the three months ended June 30, 2025 before the market opens on Tuesday, August 12, 2025. The Company’s Chief Executive Officer, Gary Nugent, and Chief Financial Officer, Dan Noreck, will host a live conference call and webcast at 8:30 a.m. Eastern Time on that d

BlackRock Multi-Sector Income Trust (BIT) Announces Terms of Rights Offering

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
NEW YORK--(BUSINESS WIRE)---- $BIT--BlackRock Multi-Sector Income Trust (NYSE: BIT) (the "Fund") today announced that its Board of Trustees (the "Board") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares of beneficial interest (par value $0.001 per share) ("Shares") as of August 19, 2025 (the "Record Date"). Holders of Rights will be entitled to subscribe for additional Shares (the "Offer") at a discount to the market price of the Shares.

Bitcoin-Native, Institutional Digital Asset Management Platform Parataxis Holdings to Go Public via Combination with SilverBox Corp IV

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
AUSTIN, Texas & NEW YORK--(BUSINESS WIRE)--Parataxis Holdings LLC (“Parataxis Holdings” or the “Company”), a preeminent, institutional digital asset management platform founded by principals of Parataxis Capital Management LLC (“PCM”), today announced it has entered into a definitive business combination agreement with SilverBox Corp IV (“SBXD”) (NYSE: SBXD), a publicly listed special purpose acquisition company sponsored by SilverBox Sponsor IV (the “Sponsor”), an affiliate of SilverBox Capita

Bowhead Specialty Announces Secondary Offering of Common Stock

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
NEW YORK--(BUSINESS WIRE)--Bowhead Specialty Holdings Inc. (NYSE: BOW) (the “Company”, “Bowhead Specialty”, “we” or “our”) announced the launch of an underwritten secondary public offering of 2,000,000 shares of its common stock by GPC Partners Investments (SPV III) LP (“GPC Fund”). The underwriter will offer the shares from time to time for sale in negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at neg

AM Best Revises Outlooks to Negative for Heartland National Life Insurance Company

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Heartland National Life Insurance Company (HNL) (Indianapolis, IN). The Credit Ratings (ratings) reflect HNL’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management (ERM). The rev

Core Scientific, Inc. Schedules Second Quarter Fiscal Year 2025 Earnings Release Date

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ), a leader in digital infrastructure for high-density colocation services and bitcoin mining, today announced it will release its second quarter fiscal year 2025 financial results after financial markets close on Friday, August 8, 2025. Due to the pending transaction with CoreWeave, Inc., which was previously announced on July 7, 2025, the Company will not be hosting a conference call or webcast to discuss its second quarter fi

Claros Mortgage Trust, Inc. Reports Second Quarter 2025 Results

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended June 30, 2025. The Company reported GAAP net loss of $181.7 million, or $1.30 per share, for the quarter ended June 30, 2025. Distributable Loss (a non-GAAP financial measure defined below) was $110.1 million, or $0.77 per share, and Distributable Earnings prior to realized losses were $14.8 million, or $0.10 per share, for the quarter ended Ju

Acadia Realty Trust Announces $0.20 Per Share Quarterly Dividend

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that its Board of Trustees has authorized a cash dividend of $0.20 per common share for the quarter ended September 30, 2025. The quarterly dividend is payable on October 15, 2025 to holders of record as of September 30, 2025. About Acadia Realty Trust Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth. Acadia owns and operates a hi

AIG Reports Excellent Second Quarter 2025 Results

Lastest from Businesswire - Wed, 08/06/2025 - 18:16
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the second quarter ended June 30, 2025. “AIG delivered an outstanding second quarter. The adjusted after-tax income per diluted share was $1.81, representing 56% growth from the prior year quarter. This growth was driven by higher underwriting income of $626 million, higher net investment income* of $955 million, and disciplined capital management,” said Peter Zaffino, AIG Chairman &am

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