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SHAREHOLDER ALERT: The M&A Class Action Firm Continues To Investigate The Merger – TGI, VOXX, ML, SKGR

PR Newswire


NEW YORK
, March 7, 2025 /PRNewswire/ — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

  • Triumph Group, Inc. (NYSE:

    TGI

    ), relating to the proposed merger with Warburg Pincus and Berkshire Partners. Under the terms of the agreement, shareholders of Triumph will receive $26.00 per share in cash.

Click here for more
https://monteverdelaw.com/case/triumph-group-inc-tgi/. It is free and there is no cost or obligation to you.

  • VOXX International Corporation (NASDAQ:

    VOXX

    ), relating to the proposed merger with Gentex Corporation. Under the terms of the agreement, Gentex will acquire all issued and outstanding shares of VOXX common stock not already owned by Gentex for $7.50 per share.

ACT NOW. The Shareholder Vote is scheduled for March 31, 2025.

Click here for more
https://monteverdelaw.com/case/voxx-international-corporation-voxx/. It is free and there is no cost or obligation to you.

  • MoneyLion Inc. (NYSE:

    ML

    ), relating to the proposed merger with Gen Digital Inc. Under the terms of the agreement, shareholders of MoneyLion will receive $82.00 per share in cash, and one contingent value right per share entitling the shareholder to a contingent payment of Gen Digital common stock.

ACT NOW. The Shareholder Vote is scheduled for April 10, 2025.

Click here for more
https://monteverdelaw.com/case/moneylion-inc-ml/. It is free and there is no cost or obligation to you.

  • SK Growth Opportunities Corporation (NASDAQ:

    SKGR

    ), relating to the proposed merger with Webull Corp. Under the terms of the agreement, shares of SK Growth will be converted into shares of Webull Corp.

Click here for more information:
https://monteverdelaw.com/case/sk-growth-opportunities-corporation-skgr/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

  1. Do you file class actions and go to Court?
  2. When was the last time you recovered money for shareholders?
  3. What cases did you recover money in and how much?

About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-the-ma-class-action-firm-continues-to-investigate-the-merger–tgi-voxx-ml-skgr-302396118.html

SOURCE Monteverde & Associates PC

Posted on

BEST Inc. Announces Completion of Going Private Transaction

PR Newswire


HANGZHOU, China
, March 7, 2025 /PRNewswire/ — BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced the completion of its merger (the “Merger”) with Phoenix Global Partners, an exempted company with limited liability incorporated under the laws of the Cayman Islands (“Merger Sub”), pursuant to the previously announced agreement and plan of merger, dated as of June 19, 2024 (the “Merger Agreement”), among the Company, BEST Global Partners, an exempted company with limited liability incorporated under the laws of the Cayman Islands (“Parent”) and Merger Sub. As a result of the Merger, the Company has become a wholly owned subsidiary of Parent and has ceased to be a publicly traded company.

Pursuant to the terms of the Merger Agreement, which was approved by the Company’s shareholders at an extraordinary general meeting held on February 18, 2025, at the effective time of the Merger (the “Effective Time”), each American Depository Share of the Company (each, an “ADS”), representing twenty (20) class A ordinary shares of the Company, par value US$0.01 each (the “Class A Shares,” together with class B ordinary shares and class C ordinary shares of the Company, collectively, the “Shares”), issued and outstanding immediately prior to the Effective Time, other than ADSs representing the Excluded Shares (as defined in the Merger Agreement), together with the Class A Shares represented by such ADSs, has been cancelled and ceased to exist in exchange for the right to receive US$2.88 in cash per ADS without interest, and each Share issued and outstanding immediately prior to the Effective Time, other than the Excluded Shares, the Dissenting Shares (as defined in the Merger Agreement) and Class A Shares represented by ADSs, has been cancelled and ceased to exist in exchange for the right to receive US$0.144 in cash per Share without interest. Pursuant to the terms of the Merger Agreement, share-based incentives held by current or former officers, directors, employees and consultants of the Company have also been cancelled, cashed out or rolled over into equity incentives of Parent, as applicable. Pursuant to the terms of the Merger Agreement, the Excluded Shares have been cancelled without payment of any consideration from the Company therefor and the Dissenting Shares have been cancelled and will entitle the former holders thereof to receive the fair value thereon determined in accordance with the provisions of Section 238 of the Companies Act (As Revised) of the Cayman Islands.

Registered shareholders immediately prior to the Effective Time who are entitled to the Merger Consideration (as defined in the Merger Agreement) will receive a letter of transmittal and instructions on how to surrender their Shares in exchange for the Merger Consideration and should wait to receive the letter of transmittal before surrendering their Shares. Payment of the Merger Consideration will be made to holders of Shares (other than Class A Shares represented by ADSs) in respect of each such Share held thereby upon surrender of applicable Shares and delivery of the letter of transmittal and any other documents required by such letter of transmittal to be delivered in connection therewith. Payment of the Merger Consideration (after deduction of the fees, charges, deductions and expenses provided for under the Deposit Agreement, dated September 22, 2017, between the Company, the ADS depositary and the holders and beneficial owners of ADSs issued thereunder) will be made to holders of ADSs in respect of each ADS held thereby as soon as practicable after Citibank, N.A., the ADS depositary, receives the aggregate Merger Consideration payable to holders of ADSs from the paying agent.

The Company also announced today that it has requested that trading of its ADSs on the New York Stock Exchange (the “NYSE”) be suspended on March 10, 2025 (New York time). The Company has requested that NYSE file a Form 25 with the Securities and Exchange Commission (the “SEC”) notifying the SEC of the delisting of the ADSs on NYSE and the deregistration of the Company’s registered securities. The deregistration will become effective 90 days after the filing of the Form 25 or such shorter period as may be determined by the SEC. The Company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by filing a Form 15 with the SEC in approximately ten days following the filing of the Form 25. The Company’s obligations to file with the SEC certain reports and forms, including Form 20-F and Form 6-K, will be suspended immediately as of the filing date of the Form 15 and will cease once the deregistration becomes effective.

Kroll, LLC (operating through its Duff & Phelps Opinions Practice) is serving as the financial advisor to the Special Committee. Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal counsel to the Special Committee. Maples and Calder (Hong Kong) LLP is serving as Cayman Islands legal counsel to the Company.

Fangda Partners is serving as U.S. legal counsel to the Consortium. Walkers (Hong Kong) is serving as Cayman Islands legal counsel to the Consortium. Kirkland & Ellis is serving as U.S. legal counsel to Alibaba Investment Limited and Cainiao Smart Logistics Investment Limited.

About BEST

BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia. Through its proprietary technology platform and extensive networks, BEST offers a comprehensive set of logistics and value-add services, including freight delivery, supply chain management and global logistics services. BEST’s mission is to empower business and enrich life by leveraging technology and business model innovation to create a smarter, more efficient supply chain. For more information, please visit: http://www.best-inc.com/en/.

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement and in the attachments is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Cision View original content:https://www.prnewswire.com/news-releases/best-inc-announces-completion-of-going-private-transaction-302395536.html

SOURCE BEST Inc.

Posted on

Logility Supply Chain Solutions, Inc. Receives Unsolicited Proposal

Logility Supply Chain Solutions, Inc. Receives Unsolicited Proposal

Board of Directors Determines Unsolicited Proposal Would Reasonably be Expected to Lead to Superior Proposal

ATLANTA–(BUSINESS WIRE)–
Logility Supply Chain Solutions, Inc. (Nasdaq: LGTY) (“Logility” or the “Company”), a leader in AI-first supply chain management software, today announced that it has received an unsolicited non-binding proposal to acquire all outstanding shares of Logility’s common stock for $15.00 per share in cash (the “Unsolicited Proposal”). The Unsolicited Proposal remains subject to due diligence.

Logility previously announced on January 24, 2025 that it had entered into a definitive agreement to be acquired by Aptean, Inc. (“Aptean”) for $14.30 per share in an all-cash transaction (the “Aptean Merger Agreement”). The Logility Board of Directors has determined that the Unsolicited Proposal would reasonably be expected to lead to a superior proposal under the terms of the Aptean Merger Agreement. As a result of the Logility Board of Directors’ determination, Logility may, under the terms of the Aptean Merger Agreement, engage in discussions with the unsolicited bidder based on the Unsolicited Proposal and Logility intends to do so.

The Aptean Merger Agreement remains in full force and effect, and the Logility Board of Directors reaffirms its existing recommendation that Logility’s shareholders vote in favor of the transaction with Aptean.

There can be no assurances that any definitive agreement or transaction will result from the Unsolicited Proposal or Logility’s discussions with the unsolicited bidder. The Logility Board of Directors is not making any recommendation with respect to the Unsolicited Proposal at this time.

Lazard is serving as financial advisor to Logility, and Jones Day is serving as legal counsel.

About Logility

Logility is a leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The Company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 500 clients in 80 countries, the Company is headquartered in Atlanta, GA. Learn more at www.logility.com.

Forward Looking Statements

Statements in this press release that are not historical facts are “forward-looking statements” that involve risks and uncertainties that could cause actual results or performance to differ materially from those contained in the forward-looking statements. Such statements are based on management’s expectations as of the date they are made and are not guarantees of future results. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as “anticipate,” “believe,” “continue,” “could,” “expect,” “may,” “should,” “intend,” “seek,” “estimate,” “plan,” “target,” “project,” “likely,” “will,” “future” or other similar words or phrases. These risks and uncertainties include, but are not limited to, factors such as: (i) continuing U.S. and global economic uncertainty and the timing and degree of business recovery; (ii) the irregular pattern of the Company’s revenues; (iii) dependence on particular market segments or customers; (iv) competitive pressures; (v) market acceptance of the Company’s products and services; (vi) technological complexity; (vii) undetected software errors; (viii) potential product liability or warranty claims; (ix) risks associated with new product development; (x) the challenges and risks associated with integration of acquired product lines, companies and services; (xi) uncertainty about the viability and effectiveness of strategic alliances; (xii) the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (“SEC”) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; (xiii) the ability to obtain regulatory approval and meet other closing conditions to the proposed transaction with Aptean (the “proposed transaction”), including obtaining approval of Logility’s shareholders, on the expected timeframe or at all; (xiv) potential adverse reactions or changes to business relationships, operating results, financial results and the business generally resulting from the announcement, pendency or inability to complete the proposed transaction on the expected timeframe or at all; (xv) actual or threatened litigation relating to the proposed transaction or otherwise; (xvi) the inability to retain key personnel, management or clients, or potential diminished productivity due to the impact of the proposed transaction on the Company’s current and prospective employees, key management, clients and other business partners; (xvii) risks related to diverting management’s attention from the Company’s ongoing business operations; (xviii) unexpected delays, costs, charges, fees or expenses resulting from the proposed transaction or the assumption of undisclosed liabilities related thereto; (xix) the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the proposed transaction, including in circumstances requiring the Company to pay a termination fee; (xx) the risk that the price of the Company’s common stock may fluctuate during the pendency of the proposed transaction and may decline significantly if the proposed transaction is not completed; (xxi) the ability to successfully integrate operations and employees and to realize anticipated benefits and synergies of the proposed transaction as rapidly or to the extent anticipated; (xxii) actions by competitors; (xxiii) general adverse economic, political, social and security conditions in the regions in which Logility and Aptean operate; and (xxiv) the other risks and uncertainties discussed under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the quarter ended January 31, 2025, and in other documents that the Company subsequently files from time to time with the SEC. Statements in this press release that are “forward-looking” include, without limitation, statements about Aptean’s proposed transaction to acquire Logility (including the anticipated results, effects and timing of the proposed transaction). You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by law, the Company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances after the date of this press release.

Additional Information and Where to Find It

In connection with the proposed transaction with Aptean, on March 4, 2025, Logility filed with the SEC a definitive proxy statement on Schedule 14A (the “Proxy Statement”) relating to a special meeting of its shareholders. This communication is not a substitute for the Proxy Statement or any other document that Logility may file with the SEC and send to its shareholders in connection with the proposed transaction. The proposed transaction will be submitted to Logility’s shareholders for their consideration. Before making any voting decision, Logility’s shareholders are urged to read all relevant documents filed or to be filed with the SEC, including the Proxy Statement, as well as any amendments or supplements to those documents, when they become available, because they will contain important information about Logility and the proposed transaction.

Investors may obtain a free copy of these materials, including the Proxy Statement, and other documents filed or furnished by the Company with the SEC at the SEC’s website at www.sec.gov, at the Company’s website at www.logility.com or by sending a written request to the Company in care of the Secretary, at Logility Supply Chain Solutions, Inc., 470 East Paces Ferry Road, N.E., Atlanta, Georgia 30305.

Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

Kevin Liu

[email protected]

(626) 424-1535

KEYWORDS: United States North America Georgia

INDUSTRY KEYWORDS: Supply Chain Management Retail Technology Logistics/Supply Chain Management Transport Software Artificial Intelligence

MEDIA:

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Logo
Posted on

DoorDash, TKO Group Holdings, Williams-Sonoma and Expand Energy Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

PR Newswire


NEW YORK
, March 7, 2025 /PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.

  • Palantir Technologies Inc. (NASD:PLTR), Intuitive Surgical Inc. (NASD:ISRG) and ServiceNow Inc. (NYSE:NOW) will replace Dow Inc. (NYSE:DOW), The Kraft Heinz Company (NASD:KHC) and Ford Motor Co. (NYSE:F) in the S&P 100, respectively. All companies being removed from the S&P 100 will remain in the S&P 500.
  • DoorDash Inc. (NASD: DASH), S&P MidCap 400 constituents TKO Group Holdings Inc. (NYSE: TKO), Williams-Sonoma Inc. (NYSE: WSM) and Expand Energy Corp. (NASD: EXE) will replace Borgwarner Inc. (NYSE: BWA), Teleflex Inc. (NYSE:TFX), Celanese Corp. (NYSE:CE) and FMC Corp. (NYSE:FMC) in the S&P 500 respectively. S&P SmallCap 600 constituents VF Corp. (NYSE:VFC), Alaska Air Group Inc. (NYSE:ALK) and Hims & Hers Health Inc. (NYSE: HIMS), will replace TKO Group Holdings, Williams-Sonoma and Expand Energy in the S&P MidCap 400 respectively. Teleflex, Celanese, FMC and Borgwarner will replace VF, Alaska Air Group, Hims & Hers Health, and Ambac Financial Group Inc. (NYSE:AMBC) in the S&P SmallCap 600, respectively.
  • S&P SmallCap 600 constituents Bath & Body Works Inc. (NYSE:BBWI), ATI Inc. (NYSE:ATI) and EchoStar Corp. (NASD:SATS) will replace The Chemours Co. (NYSE:CC), Teradata Corp. (NYSE:TDC) and Neogen Corp. (NASD:NEOG) in the S&P MidCap 400 respectively.
    Chemours, Teradata and Neogen will replace Bath & Body Works, ATI and EchoStar in the S&P SmallCap 600 respectively.
  • Ryman Hospitality Properties Inc. (NYSE:RHP), Element Solutions Inc. (NYSE:ESI), Freshpet Inc. (NASD:FRPT), WillScot Holdings Corp. (NASD:WSC), Mueller Water Products (NYSE:MWA), Kratos Defense & Security Solutions Inc. (NASD:KTOS) and CleanSpark Inc. (NASD:CLSK) will replace Wabash National Corp. (NYSE:WNC), Green Dot Corp. (NYSE:GDOT), Fulgent Genetics Inc. (NASD:FLGT), Nabors Industries Ltd (NYSE:NBR), Green Plains Inc. (NASD:GPRE), Mativ Holdings Inc. (NYSE:MATV) and Hain Celestial Group Inc. (NASD:HAIN) in the S&P SmallCap 600 respectively.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:


Effective Date


Index Name


Action


Company Name 


Ticker


GICS Sector


March 24,2025

S&P 100

Addition

Palantir Technologies

PLTR

Information Technology


March 24,2025

S&P 100

Addition

Intuitive Surgical

ISRG

Health Care


March 24,2025

S&P 100

Addition

ServiceNow

NOW

Information Technology


March 24,2025

S&P 100

Deletion

Dow

DOW

Materials


March 24, 2025

S&P 100

Deletion

Kraft Heinz

KHC

Consumer Staples


March 24, 2025

S&P 100

Deletion

Ford Motor

F

Consumer Discretionary


March 24, 2025 

S&P 500

Addition

DoorDash

DASH

Consumer Discretionary 


March 24, 2025 

S&P 500

Addition

TKO Group Holdings

TKO

Communication Services


March 24, 2025 

S&P 500

Addition

Williams-Sonoma

WSM 

Consumer Discretionary 


March 24, 2025 

S&P 500

Addition

Expand Energy

EXE 

Energy 


March 24, 2025 

S&P 500

Deletion

Borgwarner

BWA

Consumer Discretionary 


March 24, 2025 

S&P 500

Deletion

Teleflex

TFX

Health Care


March 24, 2025 

S&P 500

Deletion

Celanese

CE

Materials 


March 24, 2025 

S&P 500

Deletion

FMC

FMC 

Materials 


March 24, 2025 

S&P MidCap 400 

Addition

VF

VFC

Consumer Discretionary


March 24, 2025 

S&P MidCap 400 

Addition

Alaska Air Group

ALK

Industrials


March 24, 2025 

S&P MidCap 400 

Addition

Hims & Hers Health

HIMS

Health Care


March 24, 2025 

S&P MidCap 400 

Addition

Bath & Body Works

BBWI

Consumer Discretionary


March 24, 2025 

S&P MidCap 400 

Addition

ATI

ATI

Materials


March 24, 2025 

S&P MidCap 400 

Addition

EchoStar

SATS

Communication Services


March 24, 2025 

S&P MidCap 400 

Deletion

TKO Group Holdings

TKO

Communication Services


March 24, 2025 

S&P MidCap 400 

Deletion

Williams-Sonoma

WSM 

Consumer Discretionary 


March 24, 2025 

S&P MidCap 400 

Deletion

Expand Energy

EXE 

Energy 


March 24, 2025 

S&P MidCap 400 

Deletion

The Chemours Company

CC 

Materials 


March 24, 2025 

S&P MidCap 400 

Deletion

Teradata

TDC 

Information Technology 


March 24, 2025 

S&P MidCap 400 

Deletion

Neogen

NEOG 

Health Care


March 24, 2025 

S&P SmallCap 600 

Addition

Teleflex

TFX

Health Care


March 24, 2025 

S&P SmallCap 600 

Addition

Celanese

CE 

Materials 


March 24, 2025 

S&P SmallCap 600 

Addition

FMC

FMC 

Materials 


March 24, 2025 

S&P SmallCap 600 

Addition

Borgwarner

BWA 

Consumer Discretionary 


March 24, 2025 

S&P SmallCap 600 

Addition

The Chemours Company

CC 

Materials 


March 24, 2025 

S&P SmallCap 600 

Addition

Teradata

TDC 

Information Technology 


March 24, 2025 

S&P SmallCap 600 

Addition

Neogen

NEOG 

Health Care 


March 24, 2025 

S&P SmallCap 600 

Addition

Ryman Hospitality Properties

RHP

Real Estate


March 24, 2025 

S&P SmallCap 600 

Addition

Element Solutions

ESI

Materials


March 24, 2025 

S&P SmallCap 600 

Addition

Freshpet

FRPT

Consumer Staples


March 24, 2025 

S&P SmallCap 600 

Addition

WillScot Holdings

WSC

Industrials


March 24, 2025 

S&P SmallCap 600 

Addition

Mueller Water Products

MWA

Industrials 


March 24, 2025 

S&P SmallCap 600 

Addition

Kratos Defense & Security Solutions

KTOS

Industrials


March 24, 2025 

S&P SmallCap 600 

Addition

CleanSpark

CLSK

Information Technology


March 24, 2025 

S&P SmallCap 600 

Deletion

VF

VFC

Consumer Discretionary


March 24, 2025 

S&P SmallCap 600 

Deletion

Alaska Air Group

ALK 

Industrials


March 24, 2025 

S&P SmallCap 600 

Deletion

Hims & Hers Health

HIMS

Health Care


March 24, 2025 

S&P SmallCap 600 

Deletion

Ambac Financial Group

AMBC

Financials


March 24, 2025 

S&P SmallCap 600 

Deletion

Bath & Body Works

BBWI

Consumer Discretionary


March 24, 2025 

S&P SmallCap 600 

Deletion

ATI

ATI

Materials


March 24, 2025 

S&P SmallCap 600 

Deletion

EchoStar

SATS

Communication Services


March 24, 2025 

S&P SmallCap 600 

Deletion

Wabash National

WNC 

Industrials 


March 24, 2025 

S&P SmallCap 600 

Deletion

Green Dot

GDOT 

Financials 


March 24, 2025 

S&P SmallCap 600 

Deletion

Fulgent Genetics

FLGT 

Health Care 


March 24, 2025 

S&P SmallCap 600 

Deletion

Nabors Industries

NBR 

Energy 


March 24, 2025 

S&P SmallCap 600 

Deletion

Green Plains

GPRE 

Energy 


March 24, 2025 

S&P SmallCap 600 

Deletion

Mativ Holdings

MATV

Materials 


March 24, 2025 

S&P SmallCap 600 

Deletion

Hain Celestial Group

HAIN 

Consumer Staples 

For more information about S&P Dow Jones Indices, please visit www.spdji.com 

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com. 

FOR MORE INFORMATION:

S&P Dow Jones Indices

[email protected] 

Media Inquiries

[email protected] 

 

Cision View original content:https://www.prnewswire.com/news-releases/doordash-tko-group-holdings-williams-sonoma-and-expand-energy-set-to-join-sp-500-others-to-join-sp-100-sp-midcap-400-and-sp-smallcap-600-302396127.html

SOURCE S&P Dow Jones Indices

Posted on

CENTENE TO PRESENT AT BARCLAYS 27TH ANNUAL GLOBAL HEALTHCARE CONFERENCE

PR Newswire


ST. LOUIS
, March 7, 2025 /PRNewswire/ — Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today it will present via webcast at the Barclays 27th Annual Global Healthcare Conference on Wednesday, March 12, 2025, at 2:30 p.m. EDT. The live webcast will be available here: Centene’s Presentation.

A webcast replay will be available following the presentation on Centene’s website, www.centene.com, under the Investors section.

About
Centene Corporation


Centene Corporation
, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace.

Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene’s investor relations website, http://investors.centene.com/.

Cision View original content:https://www.prnewswire.com/news-releases/centene-to-present-at-barclays-27th-annual-global-healthcare-conference-302396126.html

SOURCE Centene Corporation

Posted on

THE SWISS HELVETIA FUND, INC. DECLARES QUARTERLY DISTRIBUTION OF $0.1458 PER SHARE

PR Newswire


NEW YORK
, March 7, 2025 /PRNewswire/ — The Swiss Helvetia Fund, Inc. (NYSE: SWZ), a non-diversified registered closed-end investment company (the “Fund”), announced today a quarterly distribution of $0.1458 per share of the Fund’s common stock pursuant to the Fund’s managed distribution plan (the “Plan”). The distribution is subject to the following record, ex-dividend and payment dates:

Record Date:

March 18, 2025

Ex-Dividend Date:

March 18, 2025

Payment Date:

March 31, 2025

The primary purpose of the Plan is to provide the Fund’s stockholders with a more consistent, but not guaranteed, fixed minimum rate of distribution on a regular quarterly basis. The Plan also may have the effect of narrowing the discount to net asset value per share at which the Fund’s shares trade.

Distributions under the Plan may consist of net investment income, net realized short-term and long-term capital gains, and to the extent necessary, return of capital (or other capital sources). With each distribution that does not consist solely of net investment income, the Fund will issue a notice to stockholders and an accompanying press release that will provide detailed information regarding the amount and composition of the distribution, as well as certain other related information. The Fund expects to issue any such notice and press release on or about the distribution payment date.

The amounts and sources of distributions reported in each notice will be estimated, are likely to change over time and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund’s investment experience during its full fiscal year and may be subject to changes based on tax regulations. The Fund will send each stockholder a Form 1099-DIV for the calendar year that will inform stockholders how to report distributions for federal income tax purposes.

The current distribution amount of $0.1458 per share of the Fund’s common stock equates to an annualized distribution rate of 6.00% based on the Fund’s net asset value per share or NAV as of October 31, 2024. The annualized rate is expected to change over time as the Fund’s NAV varies. The Board will review at least annually the terms of the Plan to determine whether to adjust the amount or the calculation of the distribution rate, which may be affected by numerous factors, including changes in realized and projected market returns, Fund performance and other factors. The Board may amend the terms of the Plan or terminate the Plan at any time without prior notice to the Fund’s stockholders. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund’s common stock.

Unless a stockholder has otherwise elected, distributions declared pursuant to the Plan will be reinvested automatically in shares of the Fund’s common stock as provided in the Fund’s automatic dividend reinvestment plan.

About The Swiss Helvetia Fund, Inc.

The Fund (www.swzfund.com) is a non-diversified, closed-end investment company. Its shares are listed on the NYSE under the symbol “SWZ.” 

On February 21, 2025, stockholders of the Fund met and voted to approve the following: (1) an investment advisory agreement between the Fund and Bulldog Investors, LLP ; (2) replacement of the Fund’s fundamental investment objective of capital appreciation by investing in equity and equity-linked securities of Swiss companies with a non-fundamental investment objective of providing long-term total return; and (3) changes to the Fund’s fundamental investment restrictions in order to expand the types of investments the Fund can make to meet its new investment objective. The Fund is in the process of taking steps to implement the actions approved by stockholders, including appointing Bulldog Investors, LLP as the Fund investment advisor no later than April 1, 2025.

Closed-end funds, unlike open-end funds, are not continuously offered. Typically, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the Fund’s shares is determined by a number of factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value.

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of the Fund’s shares in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Contact: 
Jennifer Brogadir
212-641-3863

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SOURCE The Swiss Helvetia Fund, Inc.

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BNY Announces Pricing of Public Offering of $500,000,000 of Depositary Shares Representing Interests in Preferred Stock

PR Newswire


NEW YORK
, March 7, 2025 /PRNewswire/ — The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, today announced that it priced an underwritten public offering of 20,000,000 depositary shares, each representing a 1/4,000th interest in a share of its Series K Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $25 per depositary share), at a public offering price of $25 per depositary share ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series K preferred stock (equivalent to $25 per depositary share) at a rate per annum equal to 6.150% from the original issue date to, but excluding, March 20, 2030; and from, and including, March 20, 2030, at the “five-year treasury rate” (as defined in the preliminary prospectus supplement) as of the most recent reset dividend determination date plus 2.161%. Dividends will be paid only when, as and if declared by the board of directors of BNY (or a duly authorized committee of the board) and to the extent that BNY has legally available funds to pay dividends. On March 20, 2030, or any dividend payment date thereafter, the Series K preferred stock may be redeemed at BNY’s option, in whole or in part, at a cash redemption price equal to $100,000 per share (equivalent to $25 per depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared dividends to but excluding the redemption date. Morgan Stanley & Co. LLC, UBS Investment Bank, Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, RBC Capital Markets, LLC and BNY Mellon Capital Markets, LLC served as joint book-running managers for the offering. The offering is expected to close on March 14, 2025. 

BNY intends to use the net proceeds from the sale of the depositary shares for general corporate purposes, as further described in the preliminary prospectus supplement.

BNY filed a shelf registration statement (including a prospectus) on October 18, 2024, as amended on December 5, 2024 (the “Registration Statement“), and a preliminary prospectus supplement on March 7, 2025, and will file a final prospectus supplement, relating to this offering with the Securities and Exchange Commission (the “SEC”). Prospective investors should read the Registration Statement (including the base prospectus), the preliminary prospectus supplement, the final prospectus supplement (when filed) and other documents BNY has filed and will file with the SEC that are incorporated by reference into the Registration Statement for more complete information about BNY and the offering, including the risks associated with the securities and the offering. This press release does not constitute an offer to sell or the solicitation of any offer to buy securities of BNY, nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The offering was made only by means of a prospectus supplement and accompanying base prospectus. Copies of the Registration Statement, the preliminary prospectus supplement, the final prospectus supplement (when filed) and other documents that BNY has filed with the SEC that are incorporated by reference into the Registration Statement are available at no charge by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, a copy of the prospectus supplement and accompanying base prospectus relating to these securities can be obtained by contacting Morgan Stanley & Co. LLC at 1-866-718-1649, UBS Investment Bank at 1-833-481-0269, Deutsche Bank Securities Inc. at 1-800-503-4611, Goldman Sachs & Co. LLC at 1-866-471-2526, RBC Capital Markets, LLC at 1-866-375-6829 or BNY Mellon Capital Markets, LLC at 1-800-269-6864.

About BNY
BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of December 31, 2024, BNY oversees $52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management. 

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY employs over 50,000 people globally and has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements, which may be expressed in a variety of ways, including the use of future or present tense language, relate to, among other things, BNY’s expectations with respect to the offering and use of proceeds.  These statements are based upon current beliefs and expectations and are subject to significant risks and uncertainties (some of which are beyond BNY’s control).  Actual outcomes may differ materially from those expressed or implied as a result of risks and uncertainties, including, but not limited to, the factors identified above and the risk factors and other uncertainties set forth in BNY’s Annual Report on Form 10-K for the year ended December 31, 2024 and BNY’s other filings with the SEC.  All statements in this press release speak only as of the date on which such statements are made, and BNY undertakes no obligation to update any statement to reflect events or circumstances after the date on which such forward-looking statement is made or to reflect the occurrence of unanticipated events.

Contacts:


Investors


Marius Merz

+1 212 298 1480
[email protected]


Media


Garrett Marquis

+1 949 683 1503
[email protected]

 

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SOURCE BNY

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AppTech Payments Corp. Highlights Q4 2024 Financial and Strategic Developments

CARLSBAD, Calif., March 07, 2025 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech or the “Company”) (NASDAQ: APCX), a fintech company, today shared its Fourth Quarter 2024 financial results. The Company reported an operating loss of $2.1 million ($0.08 per share) versus a $3.4 million loss in the same quarter of 2023 ($0.18 per share).

The operating loss for the full year 2024 was $8.8 million ($0.35 per share) versus $18.5 million ($1.01 per share) in 2023.

CEO Thomas DeRosa noted that AppTech underwent significant organizational changes in the fourth quarter when a new investor group committed $5 million to improve the Company’s operations; established voting control of the Board of Directors and replaced certain key executives including the CEO and CFO. New CFO Felipe Corrado stated “We are encouraged by the organizational and operating improvements made in the fourth quarter. We bolstered our capital position, reduced expenses and narrowed our focus solely to several potentially near-term and profitable customers.”

The company also announced it would file its 2024 Form 10K on March 31, 2025.

About AppTech Payments Corp.

AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for financial institutions, corporations, small and midsized enterprises (“SMEs”), and consumers through the Company’s scalable cloud-based platform architecture and infrastructure. For more information, please visit apptechcorp.com.

Forward-Looking Statements

This press release may contain forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will” and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company’s control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

AppTech Payments Corp.

760-707-5959


[email protected]



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Dream Finders Homes Completes Acquisition of Cherry Creek Mortgage Through Its Wholly Owned Subsidiary, Jet HomeLoans

Dream Finders Homes Completes Acquisition of Cherry Creek Mortgage Through Its Wholly Owned Subsidiary, Jet HomeLoans

JACKSONVILLE, Fla.–(BUSINESS WIRE)–
Dream Finders Homes, Inc. (the “Company”, “Dream Finders Homes”, “Dream Finders” or “DFH”) (NYSE: DFH) announced the acquisition of Cherry Creek Mortgage, LLC (“Cherry Creek”) through its wholly owned subsidiary, Jet HomeLoans, LP (“Jet HomeLoans”). Cherry Creek is a Freddie Mac and GNMA-approved lender that specializes in the origination of mortgage loans to support new build construction lending. The acquisition was formally closed on March 4, 2025, marking a significant expansion in Jet HomeLoans’ servicing capabilities.

Founded in 1986, Cherry Creek became one of the nation’s preeminent mortgage lending platforms from their headquarters in Denver, Colorado. Under the leadership of founder Jeff May, Cherry Creek built a respected originator, securitizer, and servicer of conventional and government loans across the United States including reverse mortgages.

Kelley Hailstone, President of Jet HomeLoans, shared his thoughts on the acquisition: “We are thrilled to welcome the entire Cherry Creek Mortgage team to the Jet HomeLoans family. This partnership leverages Jet HomeLoans’ existing retail production strength with Cherry Creek’s robust expertise in servicing along with all necessary industry approvals. The result is a stronger, more diversified company that will deliver a superior experience for our growing customer base. Most importantly, these complementary capabilities will allow Jet HomeLoans to maximize affordability for our Dream Finders homebuyers.”

Jet HomeLoans was advised on the transaction by Sterling Point Advisors, Milliman, Inc.’s Mortgage Solutions team, and McGlinchey Stafford PLLC, a law firm based in New Orleans, LA.

About Dream Finders Homes, Inc.

Dream Finders Homes (NYSE: DFH) is a homebuilder based in Jacksonville, Florida. Dream Finders Homes builds single-family homes throughout the Southeast, Mid-Atlantic and Midwest, including Florida, Texas, Tennessee, North Carolina, South Carolina, Georgia, Colorado, Arizona, and the Washington, D.C. metropolitan area, which comprises Northern Virginia and Maryland. Through its wholly owned subsidiaries, DFH also provides mortgage financing as well as title services to homebuyers. Dream Finders Homes achieves its industry-leading growth and returns by maintaining an asset-light homebuilding model. For more information, please visit www.dreamfindershomes.com.

About Jet HomeLoans, LP

Jet HomeLoans is a Florida-based HUD / FHA / VA / USDA approved, independent mortgage banker licensed in 13 states. Jet HomeLoans originated over $2 billion in mortgage loans in 2024. Jet HomeLoans is a wholly owned subsidiary of Dream Finders Homes, Inc.

Forward-Looking Statements

This press release includes forward-looking statements regarding future events which include, but are not limited to, market conditions, possible or assumed future results of operations, expected benefits of the Cherry Creek acquisition and statements regarding the Company’s strategies and expectations as they relate to market opportunities and growth. All forward-looking statements are based on management’s beliefs as well as assumptions made by and the information currently available to management. These statements reflect managements’ current views with respect to future events and are subject to various risks, uncertainties and assumptions, which are discussed in Dream Finders Homes’ Annual Report on Form 10-K for the year ended December 31, 2024, subsequently filed Form 10-Qs and other filings with the U.S. Securities and Exchange Commission. Dream Finders Homes undertakes no obligation to update or revise any forward-looking statement except as may be required by applicable law.

Investor Contact: [email protected]

Media Contact: [email protected]

KEYWORDS: United States North America Florida Colorado

INDUSTRY KEYWORDS: Professional Services Other Construction & Property Residential Building & Real Estate Commercial Building & Real Estate Finance Construction & Property

MEDIA:

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Brag House Holdings, Inc. Announces Closing of Initial Public Offering

NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (“Brag House” or the “Company”), a premier media technology platform designed for casual college gamers and brands seeking to connect with the Gen Z demographic, today announced the closing of its initial public offering (the “Offering”) of 1,475,000 shares of its common stock at a public offering price of US$4.00 per share.

Kingswood Capital Partners, LLC is acting as the Sole Bookrunning Manager and WestPark Capital Inc. is acting as an underwriter. Lucosky Brookman LLP is acting as U.S. securities counsel to the Company, and Dickinson Wright LLP is acting as U.S. securities counsel to the underwriters in connection for the Offering.

A registration statement on Form S-1 (File No. 333-280282) relating to the Offering was filed with the U.S. Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on Friday, February 14, 2025 and an additional registration statement on Form S-1 (File No. 333-285586) related to the Offering was filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended, and became automatically effective on March 5, 2025. The Offering is being made only by means of a prospectus. Copies of the final prospectus related to the Offering may be obtained from Kingswood Capital Partners, LLC, at 126 East 56th Street Suite 22R New York, NY 10022, via email at [email protected], or by calling 212-487-1080. In addition, a copy of the final prospectus can also be obtained via the SEC’s website at www.sec.gov.

About Brag House

Brag House is a leading media technology gaming platform dedicated to transforming casual college gaming into a vibrant, community-driven experience. By seamlessly merging gaming, social interaction, and cutting-edge technology, the Company provides an inclusive and engaging environment for casual gamers while enabling brands to authentically connect with the influential Gen Z demographic. The platform offers live-streaming capabilities, gamification features, and custom tournament services, fostering meaningful engagement between users and brands. For more information, please visit www.braghouse.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “believe,” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent events or circumstances, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure investors that such expectations will turn out to be correct, and the Company cautions that actual results may differ materially from anticipated results. Additional factors are discussed in the Company’s registration statement and other filings with the SEC, available for review at www.sec.gov.

Media Contact:

Dan Walsh
[email protected]
+44 (0) 7827 816 971

Investor Relations Contact:

Adele Carey
VP, Investor Relations
[email protected]