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Starwood Property Trust Announces Pricing of Common Stock Offering

PR Newswire

GREENWICH, Conn., Dec. 7, 2021 /PRNewswire/ — Starwood Property Trust, Inc. (NYSE: STWD) (the “Company”) today announced the pricing of an underwritten public offering of 16,000,000 shares of its common stock for total estimated gross proceeds of approximately $397.1 million (or approximately $456.7 million if the option to purchase additional shares is exercised in full).  The underwriters have a 30-day option to purchase up to an additional 2,400,000 shares from the Company.  Settlement of the offering is subject to customary closing conditions and is expected to occur on December 10, 2021.  All of the shares will be issued under the Company’s currently effective shelf registration statement filed with the Securities and Exchange Commission.

The Company intends to use the net proceeds received from the offering to originate and purchase additional commercial mortgage loans and other target assets and investments. The Company may also use a portion of the net proceeds for other general corporate purposes, including, but not limited to, the payment of liabilities and other working capital needs.

Citigroup, BofA Securities, Morgan Stanley and Wells Fargo Securities are serving as joint book-running managers and BTIG and Keefe, Bruyette & Woods, A Stifel Company are serving as co-managers for the offering.

The offering of these securities may be made only by means of a prospectus and a related prospectus supplement, a copy of which may be obtained by contacting: Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (800) 831-9146; BofA Securities, Attention: Prospectus Department, NC1-004-03-43, 200, North College Street, 3rd floor, Charlotte, NC 28255-0001, or by emailing [email protected]; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 30 Hudson Yards, 500 West 33rd Street – 14th Floor, New York, NY 10001, telephone: (800) 326-5897 or email: [email protected].

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

About Starwood Property Trust, Inc.

Starwood Property Trust, Inc. (NYSE: STWD) is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $76 billion of capital since inception and manages a portfolio of over $21 billion across debt and equity investments. Starwood Property Trust’s investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets.

Forward-Looking Statements

Statements in this press release which are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, including statements with respect to the anticipated offering and the use of proceeds. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained.  Factors that could cause actual results to differ materially from the Company’s expectations include: (i) factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021, including those set forth under the captions “Risk Factors”, “Business”, and “Management’s Discussion and Analysis of Financial Condition and Results of Operations”; (ii) the severity and duration of the pandemic of the novel strain of coronavirus (“COVID-19”), actions that may be taken by governmental authorities to contain the COVID-19 outbreak, including variants and resurgences, or to treat its impact and the adverse impacts that the COVID-19 pandemic has had, and will likely continue to have, on the global economy, on the borrowers underlying the Company’s real estate-related assets and infrastructure loans and tenants of the Company’s owned properties, including their ability to make payments on their loans or to pay rent, as the case may be, and on the Company’s operations and financial performance; (iii) defaults by borrowers in paying debt service on outstanding indebtedness; (iv) impairment in the value of real estate property securing the Company’s loans or in which the Company invests; (v) availability of mortgage origination and acquisition opportunities acceptable to the Company; (vi) potential mismatches in the timing of asset repayments and the maturity of the associated financing agreements; (vii) the Company’s ability to integrate its prior acquisition of the project finance origination, underwriting and capital markets business of GE Capital Global Holdings, LLC into its business and to achieve the benefits that the Company anticipates from the acquisition; (viii) national and local economic and business conditions, including continued disruption from the COVID-19 pandemic; (ix) general and local commercial and residential real estate property conditions; (x) changes in federal government policies; (xi) changes in federal, state and local governmental laws and regulations; (xii) increased competition from entities engaged in mortgage lending and securities investing activities; (xiii) changes in interest rates; and (xiv) the availability of, and costs associated with, sources of liquidity.

Contact:

Zachary Tanenbaum

Starwood Property Trust
Phone: 203-422-7788
Email: [email protected]

 

Cision View original content:https://www.prnewswire.com/news-releases/starwood-property-trust-announces-pricing-of-common-stock-offering-301439775.html

SOURCE Starwood Property Trust, Inc.

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Willis Towers Watson Announces Regular Quarterly Dividend

ARLINGTON, Va. and LONDON, Dec. 07, 2021 (GLOBE NEWSWIRE) — Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, announced that its Board of Directors approved a regular quarterly cash dividend of $0.80 per common share for the quarter ended September 30, 2021. The dividend is payable on or about January 18, 2022 to shareholders of record at the close of business on December 31, 2021.

About Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 46,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

CONTACT

INVESTORS

Claudia De La Hoz | [email protected]



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GUC Optimizes Quality of Results and Accelerates Time to Tapeout Using the Cadence Digital Full Flow

GUC Optimizes Quality of Results and Accelerates Time to Tapeout Using the Cadence Digital Full Flow

Highlights:

  • Cadence’s Innovus Implementation System mixed-placer automation delivers more than 10% wirelength reduction and 5% better switching power
  • GUC reduces floorplan design time from weeks to days, accelerating ASIC design creation for mobile, automotive, AI and hyperscale computing applications

SAN JOSE, Calif.–(BUSINESS WIRE)–
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced Global Unichip Corporation (GUC) used the Cadence® digital full flow to accelerate the time to tapeout of its ASIC designs for mobile, automotive, AI and hyperscale computing applications. By leveraging the Cadence Innovus™ Implementation System’s mixed-placer automation technology, GUC successfully reduced floorplan design time from weeks to days and achieved more than 10% reduced wirelength and 5% better switching power.

GUC has been using the Cadence digital full flow for many years to tape out the most challenging ASIC designs down to the latest 5nm and 3nm process nodes. As a leading global ASIC provider, delivering the best power, performance and area (PPA) results within ever more demanding schedules is critical for success.

As ASIC designs grow in size and complexity, the number of macros in a floorplan also increases rapidly, making GUC’s traditional manual and iterative floorplanning process a lengthy part of the implementation schedule. Using the Innovus mixed-placer technology, the GUC team can handle the placement of both standard cells and macros concurrently, automating the floorplanning process to achieve greater efficiency and faster PPA analysis.

“As our ASIC customer designs move to the latest process nodes and grow in size and complexity, GUC is always making strategic investments in the latest technologies that ensure we can meet and exceed customer requirements for optimal PPA,” said Louis Lin, senior vice president at GUC. “Cadence’s Innovus mixed-placer technology enabled us to make a significant productivity breakthrough, so that we could complete customer designs more efficiently and accelerate tapeout. The Innovus mixed-placer technology is now a key part of our GUC production implementation flow, providing many tapeout successes, and we use it for the majority of our designs.”

The Cadence digital full flow provides customers with a fast path to design closure and better predictability. It supports the company’s Intelligent System Design™ strategy, enabling SoC design excellence. For more information on the digital full flow, please visit www.cadence.com/go/dffpr.

About Cadence

Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For seven years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

© 2021 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

Category: Featured

Cadence Newsroom

408-944-7039

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Electronic Design Automation Data Management Semiconductor Technology Mobile/Wireless Software Hardware

MEDIA:

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Energy Transfer Announces Pricing of Secondary Public Offering of Common Units

Energy Transfer Announces Pricing of Secondary Public Offering of Common Units

DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE: ET) (“ET”) announced today the pricing of the previously announced underwritten secondary public offering of 86,956,522 common units representing limited partner interests in ET (“common units”) by CenterPoint Energy Midstream, Inc. (the “Selling Unitholder”), a subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), for gross proceeds of $665,217,393. The offering is expected to close on December 10, 2021, subject to customary closing conditions.

The Selling Unitholder has granted Citigroup, J.P. Morgan and Morgan Stanley, as representatives of the underwriters, a 30-day option to purchase up to 13,043,478 additional common units from the Selling Unitholder at the public offering price less underwriting discounts and commissions. ET is not selling any common units in the offering and will not receive any proceeds from the sale of common units in the offering.

Citigroup, J.P. Morgan and Morgan Stanley are acting as the joint book-running managers for the offering. The offering is being made only by means of the prospectus supplement and accompanying base prospectus, which is part of a shelf registration statement that became effective on June 1, 2021, copies of which may be obtained from Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 800-831-9146); J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (866) 803-9204, or by email at [email protected]; or Morgan Stanley, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014. An electronic copy of the prospectus supplement and accompanying base prospectus is available from the U.S. Securities and Exchange Commission’s website at www.sec.gov.

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

Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in North America, with a strategic footprint in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interests and 46.1 million common units of USA Compression Partners, LP (NYSE: USAC).

Forward-Looking Statements

Statements about the offering may be forward-looking statements as defined under federal law. Forward-looking statements can be identified by words such as “anticipates,” “believes,” “intends,” “projects,” “plans,” “expects,” “continues,” “estimates,” “goals,” “forecasts,” “may,” “will” and other similar expressions. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of ET, and a variety of risks that could cause results to differ materially from those expected by management of ET. Important information about issues that could cause actual results to differ materially from those expected by management of ET can be found in ET’s public periodic filings with the SEC, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. ET undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

ENERGY TRANSFER

Investor Relations:

Bill Baerg, Brent Ratliff, Lyndsay Hannah, 214.981.0795

or

Media Relations:

Vicki Granado, 214.840.5820

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Other Energy Transport Logistics/Supply Chain Management Oil/Gas Energy Other Transport

MEDIA:

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Cingulate Inc. Announces Pricing of $25.0 Million Initial Public Offering

KANSAS CITY, Kan., Dec. 07, 2021 (GLOBE NEWSWIRE) — Cingulate Inc. (“Cingulate” or the “Company”), a clinical-stage biopharmaceutical company utilizing its proprietary Precision Timed Release™ (PTR™) drug delivery platform technology to build and advance a pipeline of next-generation products, today announced the pricing of its initial public offering of 4,166,666 shares of common stock and accompanying warrants to purchase 4,166,666 shares of common stock.

Each share of common stock is being sold together with one warrant to purchase one share of common stock with an exercise price of $6.00 at a combined public offering price of $6.00 per share and accompanying warrant. All of the shares and warrants are being offered by Cingulate. The Company has granted the underwriters a 45-day over-allotment option to purchase up to an additional 624,999 shares of common stock and/or warrants to purchase up to an additional 624,999 shares of common stock at the initial public offering price.

The shares and warrants are scheduled to begin trading on the Nasdaq Capital Market under the ticker symbols “CING” and “CINGW,” respectively, on December 8, 2021. The offering is expected to close on December 10, 2021, subject to the satisfaction of customary closing conditions.

Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $25.0 million. Cingulate intends to use the net proceeds of the offering for continued research and development and pre-commercialization planning of CTx-1301, continued research and development of CTx-1302, proof of concept study for CTx-2103, to satisfy obligations under certain related party notes, to satisfy outstanding accrued payroll expenses to employees, including our executive officers, and for working capital, capital expenditures and general corporate purposes, including investing further in research and development efforts.

Aegis Capital Corp. and Laidlaw & Company (UK) Ltd. are acting as co-lead bookrunning underwriters of the offering.

A registration statement on Form S-1 relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission (“SEC”) on December 7, 2021. The offering is being made only by means of a prospectus. Copies of the final prospectus may be obtained, when available, on the SEC’s website, www.sec.gov, or by contacting Aegis Capital Corp., Attention: Syndicate Department, 810 7th Avenue, 18th Floor, New York, NY 10019, by email at [email protected], or by telephone at (212) 813-1010.

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

About Cingulate®

Cingulate Inc. is a clinical-stage biopharmaceutical company utilizing its proprietary Precision Timed Release™ (PTR™) drug delivery platform technology to build and advance a pipeline of next-generation pharmaceutical products, designed to improve the lives of patients suffering from frequently diagnosed conditions characterized by burdensome daily dosing regimens and suboptimal treatment outcomes. With an initial focus on the treatment of Attention Deficit/Hyperactivity Disorder (ADHD), Cingulate is identifying and evaluating additional therapeutic areas where PTR technology may be employed to develop future product candidates.

CTx-1301 (dexmethylphenidate) and CTx-1302 (dextroamphetamine) are engineered using an innovative, versatile platform technology that will enable the formulation and manufacturing of single-dose, multi-release tablets designed to deliver a rapid onset and last the entire active-day, while providing a controlled descent of drug to optimize treatment. Cingulate’s formulation will be designed as a once-daily, multi-release tablet with clear differentiation and compelling advantages over current treatment options.

Cingulate is headquartered in Kansas City. For more information visit Cingulate.com.

Forward-Looking Statements

This press release contains certain forward-looking statements, including those relating to the anticipated timing of completion of the offering and use of proceeds and other statements that are predictive in nature. Forward-looking statements are based on the Company’s current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended from time to time, under the caption “Risk Factors.”

Contacts:

Investors

Thomas Dalton
Head of Investor & Public Relations, Cingulate
[email protected]
913-942-2301

Andy Brimmer / Amy Feng / Tim Ragones
Joele Frank, Wilkinson Brimmer Katcher
[email protected]
[email protected]
[email protected]
212-355-4449

Media

Melyssa Weible
Elixir Health Public Relations
[email protected]
201-723-5805



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Lost Money in Lightspeed Commerce Inc.?

Lost Money in Lightspeed Commerce Inc.?

Class Action Lawsuit Filed on Behalf of Investors

OAKLAND, Calif.–(BUSINESS WIRE)–
A Lightspeed Securities Class Action Lawsuit has been filed, and investors who lost money in Lightspeed (NASDAQ: LSPD) are encouraged to contact Gibbs Law Group for more information about their legal rights and options for participation. Previously, a Spruce Point Capital Management report claimed that Lightspeed “massively” overstated its customer count and aggressively promoted other misleading metrics to conceal poor revenue growth.

To speak with an attorney regarding this class action lawsuit investigation, click here or call (888) 410-2925.

On Wednesday, September 29, 2021, Spruce Point Capital Management issued a report denouncing commerce platform company Lightspeed for allegedly misleading investors by inflating its growth prospects. For example, the report claims Lightspeed “overstat[ed] its customer count by 85%” before it IPO’d in September 2020.

Then, when Lightspeed issued its 2022 Q2 report on November 4, 2021, the company issued guidance of approximately $520 million to $535 million for its full fiscal year which, according to Motley Fool, seems to imply “no” sequential growth in Q4. According to Motley Fool, that may indicate to investors that Lightspeed’s revenue growth has been “primarily” driven by acquisitions.

Following this quarterly report, Lightspeed’s stock price plunged by as much as 30% in intraday trading on November 4, 2021, causing significant harm to investors.

What Should Lightspeed Investors Do?

If you invested in Lightspeed, visit our website or contact our securities team directly at (888) 410-2925 to discuss how you may be able to recover your losses.

About Gibbs Law Group

Gibbs Law Group represents investors throughout the country in securities litigation to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the world’s largest corporations, and our attorneys have received numerous honors for their work, including “Best Lawyers in America,” “Top Plaintiff Lawyers in California,” “California Lawyer Attorney of the Year,” “Class Action Practice Group of the Year,” “Consumer Protection MVP,” and “Top Women Lawyers in California.”

This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Eileen Epstein

510.350.9728

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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Lost Money in Revance Therapeutics, Inc.?

Lost Money in Revance Therapeutics, Inc.?

Gibbs Law Group Investigates Potential Securities Law Violations

OAKLAND, Calif.–(BUSINESS WIRE)–
Shares of Revance Therapeutics, Inc. plummeted 39% on Monday, October 18, 2021 after it was disclosed that the FDA declined to approve its injection drug for face wrinkles, resulting in the third precipitous drop for the stock that week. The disclosure of the FDA’s decision came just days after the FDA posted Form 483 to its website, citing issues found during the inspection of a Revance facility in July 2021. Gibbs Law Group is investigating a potential Revance Securities Class Action Lawsuit on behalf of investors who lost money in Revance Therapeutics, Inc. (NASDAQ: RVNC).

To speak with an attorney regarding this class action lawsuit investigation, click here or call (888) 410-2925.

On October 12, 2021, the FDA responded to a Freedom of Information Act (FOIA) request and posted a heavily redacted Form 483 document from July 2021 outlining concerns with Revance’s manufacturing process for its wrinkle injection drug, as reported by the Morning Star. Shares of Revance subsequently tumbled more than 25%. Among other discrepancies, the Form noted that the Company’s quality unit “lacks the responsibility and authority for the control, review, and approval of outsourced activities…”

That same day, Revance issued an upbeat press release in response, insisting they continued to “anticipate FDA approval” of their drug and they “remain[ed] confident” in the quality of their application. Further, Revance characterized “the issuance of a Form 483 following the conclusion of an on-site inspection” as “not uncommon,” and stated the company had already given a response to the form in July.

Then just three days later on October 15, 2021, the FDA issued a complete response letter (CRL) declining to approve Revance’s wrinkle drug. According to Revance’s press release, the CRL cited “deficiencies related to the FDA’s onsite inspection at Revance’s manufacturing facility”—the same area of concern described by the Form 483 in July.

Following this news, Revance’s stock price dropped over 30% in after-hours trading on October 15, 2021, and plummeted an additional 39% on October 18, 2021, causing significant harm to investors.

What Should Revance Investors Do?

If you invested in Revance, visit our website or contact our securities team directly at (888) 410-2925 to discuss how you may be able to recover your losses. Our investigation concerns whether Revance has violated federal securities laws by providing false or misleading statements to investors.

About Gibbs Law Group

Gibbs Law Group represents investors throughout the country in securities litigation to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the world’s largest corporations, and our attorneys have received numerous honors for their work, including “Best Lawyers in America,” “Top Plaintiff Lawyers in California,” “California Lawyer Attorney of the Year,” “Class Action Practice Group of the Year,” “Consumer Protection MVP,” and “Top Women Lawyers in California.”

This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

EILEEN EPSTEIN

510.350.9728

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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Chicago Atlantic Prices Initial Public Offering

CHICAGO, Dec. 07, 2021 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (“Chicago Atlantic”), a commercial real estate finance company, announced today that it has priced its initial public offering of 6,250,000 shares of its common stock at a public offering price of $16.00 per share.

Chicago Atlantic’s common stock is expected to begin trading on The NASDAQ Global Market on December 8, 2021 under the symbol “REFI.” The offering is expected to close on or about December 10, 2021, subject to the satisfaction of customary closing conditions. Chicago Atlantic has also granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock at the initial public offering price.

Chicago Atlantic anticipates total gross proceeds of approximately $100 million, before deducting underwriting discounts and commissions and other offering expenses and excluding any exercise of the underwriters’ option to purchase additional shares. Chicago Atlantic intends to use the net proceeds of this offering to make investments in accordance with its investment objective and strategies and for general corporate purposes.

JMP Securities LLC, Compass Point Research & Trading, LLC and Oppenheimer & Co. Inc. are acting as joint book-running managers for this offering. Lake Street Capital Markets LLC and East West Markets, LLC are acting as co-managers for this offering.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and became effective on December 7, 2021. Offers of these securities are made only by means of the prospectus. The SEC has not approved or disapproved these securities or passed upon the adequacy of the prospectus. Any representation to the contrary is a criminal offense.
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Investors are advised to carefully consider the investment objectives, risks and charges and expenses of Chicago Atlantic before investing. The prospectus, dated December 7, 2021, contains this and other information about Chicago Atlantic and should be read carefully before investing.

The offering of these securities is being made only by means of a prospectus forming a part of the registration statement, copies of which may be obtained from: JMP Securities LLC, Attention: Prospectus Department, 600 Montgomery Street, Suite 1100, San Francisco, CA 94111, or by email at [email protected]; Compass Point Research & Trading, LLC, Attention: Equity Syndicate, 1055 Thomas Jefferson Street, NW, Suite 303, Washington, DC 20007, or by email at [email protected]; and, Oppenheimer & Co. Inc., Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, or by email at [email protected].

About Chicago Atlantic Real Estate Finance, Inc.

Chicago Atlantic Real Estate Finance, Inc. (“Chicago Atlantic”) is a commercial real estate finance company that invests primarily in first mortgage loans to state-licensed operators in the cannabis industry, secured by real estate, equipment, receivables, licenses or other assets of the borrowers. Chicago Atlantic intends to elect and qualify to be taxed as a REIT under Section 856 of the Internal Revenue Code of 1986. Chicago Atlantic is managed by Chicago Atlantic REIT Manager, LLC.

Forward-Looking Statements

Certain information contained herein may constitute “forward-looking statements” that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about Chicago Atlantic, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond Chicago Atlantic’s control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in Chicago Atlantic’s filings with the SEC. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date on which Chicago Atlantic makes them. Neither Chicago Atlantic nor the underwriters undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.

Contact:

Andreas Bodmeier
312-809-7002
[email protected]



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Mister Car Wash Acquires Downtowner Car Wash in Cape Coral, Florida

Mister Car Wash Acquires Downtowner Car Wash in Cape Coral, Florida

Expanding its presence into South Florida with the addition of 5 stores

TUCSON, Ariz.–(BUSINESS WIRE)–Mister Car Wash, Inc. (the “Company” or “Mister”; NYSE: MCW) today announced the successful acquisition of Downtowner Car Wash, five locations in Cape Coral, Florida.

“The Montpetit family and their team have built a nice platform of locations in Cape Coral complementing our overall presence throughout Florida,” said Casey Lindsay, Vice President Corporate Development of Mister Car Wash. “We are looking forward to bringing Mister’s welcoming car wash experience to the customers of Cape Coral and plan to continue expanding in the region through a combination of acquisitions and new store development.”

“We are proud to have been a part of the Cape Coral community for the past 15 years and want to thank all of our customers for our success. Mister Car Wash has a reputation in the industry as best in class operators and a company that truly cares for their people and customers,” said Jay Montpetit, Co-Owner and Founder of Downtowner Car Wash. “We are excited for this new chapter for our team members and know that our customers and the community are in good hands with the Mister team,” added Troy Montpetit, Co-Owner and Founder of Downtowner Car Wash.

Customers of Downtowner Car Wash can expect the business to continue operating as normal in the near term. Throughout the coming months, Mister will be working with the team to rebrand the stores and optimize service and product offerings as they fully integrate the stores into the brand.

For information about services and career opportunities with Mister Car Wash, please visit www.mistercarwash.com.

About Mister Car Wash® | Inspiring People to Shine®

Headquartered in Tucson, Arizona, Mister Car Wash, Inc. (NYSE: MCW) operates over 360 car washes nationwide and has the largest car wash subscription program in North America. With over 25 years of car wash experience, the Mister team is focused on operational excellence and delivering a memorable customer experience through elevated hospitality. The Mister brand is anchored in quality, friendliness and a commitment to the communities we serve as good stewards of the environment and the resources we use. We believe that when you take care of your people, they will take care of your customers. To learn more visit: https://mistercarwash.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include but are not limited to Mister Car Wash’s expansion efforts and branding initiatives. Without limiting the foregoing, you can generally identify forward-looking statements by the use of forward-looking terminology, such as “will,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “seek,” or “should,” or the negative thereof or other variations thereon or comparable terminology. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking.

These forward-looking statements are based on management’s current expectations and beliefs. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: developments involving the Company’s competitors and its industry; the Company’s ability to attract new customers, retain existing customers and maintain or grow its number of subscription members; potential future impacts of the COVID-19 pandemic; the Company’s ability to open and operate new locations in a timely and cost-effective manner; the Company’s ability to identify suitable acquisition targets and consummate such acquisitions on attractive terms; the Company’s ability to maintain and enhance its brand reputation; the Company’s reliance on and relationships with third-party suppliers; risk related to the Company’s indebtedness and capital requirements; risk related to governmental laws and regulations applicable to the Company and its business; the Company’s ability to maintain security and prevent unauthorized access to electronic and other confidential information; and the other important factors discussed under the caption “Risk Factors” in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2021, as such factors may be updated from time to time in its other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov and Investor Relations section of the Company’s website at https://ir.mistercarwash.com/.

These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement that the Company makes in this press release speaks only as of the date of such statement. Except as required by law, the Company does not undertake any obligation to update or revise or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events, or otherwise.

Media Contact

Megan Everett

[email protected]

Investor Relations

Farah Soi/Caitlin Churchill

[email protected]

KEYWORDS: Florida Arizona United States North America

INDUSTRY KEYWORDS: Automotive Other Transport Specialty Women Public Relations/Investor Relations Communications Transport Men General Automotive Retail Consumer

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Charter Presentation at UBS Global TMT Conference Rescheduled for December 8, 2021

PR Newswire

STAMFORD, Conn., Dec. 7, 2021 /PRNewswire/ — Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”) today announced that Tom Rutledge, Chairman and Chief Executive Officer, will participate in the UBS Global TMT Virtual Conference on Wednesday, December 8, 2021. Mr. Rutledge was originally scheduled to participate in the conference on December 7, 2021, but due to technical difficulties impacting the conference, Mr. Rutledge’s remarks have been rescheduled to begin at 12:00 p.m. ET on Wednesday, December 8, 2021.

A live webcast of the virtual event can be accessed on Charter’s investor relations website, ir.charter.com. Following the live broadcast, the webcast will be archived at ir.charter.com.


About Charter


Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator serving more than 31 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.

For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/charter-presentation-at-ubs-global-tmt-conference-rescheduled-for-december-8-2021-301439728.html

SOURCE Charter Communications, Inc.