Corporate Events in September

Hey, @any2020

We usually distribute the cash equivalent of the new shares, as far as similar corporate events are concerned.

Here’s a link to an article from our Help Centre, with a bit more information on the subject.

Hello, everyone :wave:

The following events were executed today (03.09.2021):

  • GI Partners LLC acquired ORBCOMM, Inc. (ORBC).
  • Thoma Bravo LLC acquired Proofpoint, Inc. (PFPT).
  • Clayton Dubilier & Rice LLC acquired UDG Healthcare PLC (UDG).
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Thanks @Hris.M - that’s very helpful. Can I just confirm that the cash equivalent will be calculated using the share price on the day of distribution, not the date of merger completion?

Hello, everyone :wave:

The following events were executed on 06.09.2021 & 7.06.2021.

06.09.2021

  • Traton SE (8TRA) acquired MAN SE (MAGOY).
  • Berkeley Group Holdings PLC(BKG) had a share consolidation with a ratio of 0.9235:1.

07.09.2021

  • Participation offers have been sent regarding the upcoming Rights Issue (Open Offer) of Cyan AG (CYR).
  • Highbridge Tactical Credit Fund (HTCF) performed a scheme of agreement (share cancellation) where 45 shares out of every 100 were cancelled for 124 GBX per share.
  • Participation offers have been sent regarding the upcoming Rights Issue (Open Offer) of HOME REIT PLC (HOME).
  • Participation offers have been sent regarding the upcoming Rights Issue (Open Offer) of Sdcl Energy Efficiency Income Trust (SEIT).
  • KushCo Holdings (KSHB) has been acquired by Greenlane Holdings Inc (GNLN). As an investor in KSHB, you are entitled to 0.3016 new shares of GNLN for every KSHB held.
  • SharpSpring, Inc. has been acquired by Constant Contact. As an investor in SHSP, you are entitled to $17.10 per share held.
  • Core-Mark Holding Co, Inc. (CORE) has been acquired by Performance Food Group Company (PFGC). As an investor in CORE you are entitled to cash and stock compensation - $23.875 in cash and 0.44 shares of PFGC for every CORE share held.
  • Centricus Acquisition Corp (CENH) changed its name to Arqit Quantum, Inc. (ARQQ).
  • KAZ Minerals PLC (KZMYY) was delisted from the OTC Market.
  • Mackinac Financial Corp (MFNC) has been acquired by Nicolet Bankshares, Inc. (NCBS).
  • Cincinnati Bell, Inc. (CBB) has been acquired by Macquarie Infrastructure Partners, Inc. (MIC).

Hey @any2020

Regarding your question :point_down:

We usually give the cash equivalent at the respective price of the day of the distribution as per the post above I shared a few minutes ago.

For further, questions feel free to ping me or our team @Team212 :raised_hands:

Hello, everyone. :wave:

The following events were executed on 08.09.2021 & 09.09.2021:

08.09.2021

  • ScoutCam, Inc. (SCTCD) changed its ticker to SCTC.
  • Destination XL Group, Inc. (DXLG) got uplisted from OTC to NASDAQ.
  • Jaguar Health (JAGX) performed a share consolidation 3:1.

09.09.2021

  • VanEck Vectors Global Equal Weight (TGGB) performed a stock split 1:2.
  • Solvay SA (SOLVY) changed its ticker to SLVYY.
  • Superconductor Technologies (SCON) performed a share consolidation 1:0.265 and changed its name to Clearday, Inc. (SCOND)
  • Peak Fintech Group, Inc. (PKKFF) changed its ticker to TNT and got uplisted from OTC to NASDAQ.
  • Berkeley Group Holdings PLC (BKGFY) performed a stock split 1:4.6175.
  • Sequential Brands (SQBG) got downlisted from NASDAQ to OTC and changed its ticker to SQBGQ.
  • Catabasis Pharmaceuticals, Inc. (CATB) changed its name to Astria Therapeutics (ATXS).
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Hello, everyone. :wave:

The following events were executed on 10.09.2021 & 13.09.2021:

10.09.2021

  • Osprey Technology Acquisition Corp. (SFTW) changed its name to BlackSky Technology, Inc. (BKSY).
  • Blue Water Acquisition Corp. - A (BLUW) changed its name to Clarus Therapeutics Holdings I (CRXT).
  • Sustainable Opportunities Acquisition Corp. (SOAC) changed its name to TMC the Metals Co, Inc. (TMC) and got relisted from NYSE to NASDAQ.

13.09.2021

  • Mercantile Ports and Logistics (MPL) performed a 1-for-100 share consolidation.
  • Sigma Lithium Corp. (SGMLF) changed its ticker to SGML and got uplisted from OTC to NASDAQ.
  • Acquired Sales Corp. (AQSP) changed its name to LFTD Partners Inc (LSFP).
  • AzurRx BioPharma, Inc. (AZRX) performed a 1-for-10 share consolidation.
  • Ossen Innovation Co Ltd ADR (OSN) has been acquired by Pujiang International Group.
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Hello, everyone. :wave:

The following events were executed on 14.09.2021:

  • Nicolet Bankshares, Inc. (NCBS) has acquired Mackinac Financial (MFNC).
  • Montanaro European Smaller Cos Trust (MTE) had a 10-for-1 stock split.
1 Like

Hello, there :metal:

The following events were executed on 16.09.2021 :

  • Dixons Carphone PLC (DC) changed its name and ticker to Currys PLC (CURY).

  • Continental AG (CTTAY) completed the spin-off of Vitesco Technologies Group AG (VTSC). Further information is to be disclosed.

  • Acquisition Corp. - Class A (RICE) changed its name and ticker to Archaea Energy, Inc. (LFG)

  • First Savings Financial Group (FSFG) completed a 1:3 stock split.

  • Sonim Technologies, Inc. (SONM) completed 10:1 consolidation.

  • Translate Bio, Inc. (TBIO) acquired by Sanofi (SAN). Further information is to be disclosed.

If you have any other questions, let us know.

Hey, Community :wave:

Here’s a list of all the Corporate events, completed today, thus far:

  • DSV PANALPINA A/S (DSDVY) changed its name to DSV A/S.
  • Atlas Crest Investment Corp (ACIC) changed its name and ticker and is now trading under Archer Aviation,Inc. (ARCH).
  • Soaring Eagle Acquisition Corp. - Class A (SRNG) changed its name and ticker to Ginkgo Bioworks Holdings (DNA).

We’ll be sending out participation offers regarding the following Rights Issues (Open Offers) :

  • Genedrive PLC (GDR). As per the offer for 7 old shares, an eligible client can subscribe for 2 new shares at 25 GBX (0.25GBP) per share.
  • City of London Group PLC (CIN). As per the offer for 7.6 old shares, an eligible client can subscribe for 1 new share at 60 GBX (0.60GBP) per share.
  • Aberdeen Standard European Logistics Income PLC (ASLI). As per the offer for 4 old shares, an eligible client can subscribe for 1 new share at 109 GBX (1.09GBP) per share.

As always you’re more than welcome to share your questions and thoughts down below :arrow_heading_down:

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Didn’t expect the run up so far on this one. Exciting sector not so exciting valuation

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They’ve said the same for Tesla. Maybe it’s hype, maybe not … who knows.

Yeah agree. Still bought some - timed the pants off it.

3 Likes

Wow, nice one! :wink: :+1:t3:

Hello, there :wave:

The following events were executed on 21.09.2021 :

  • Hooker Furniture Corp (HOFT) changed its name to Hooker Furnishings Corp (HOFT).

  • TPG Pace Tech Opportunities Corp. - A (PACE) changed its name and ticker to Nerdy, Inc. (NRDY).

1 Like

Hey, Community :wave:

Here’s a list of all the Corporate events, completed today, thus far:

  • Cincinnati Bell Inc (CBB) was acquired by Macquarie Infrastructure Partners Inc. - Further details will be disclosed soon.
  • Raymond James Financial Inc (RJF) - had a 3-for-2 stock split - reflected.
  • W R Grace & Co (GRA) - was acquired by Standard Industries Holdings Inc. - Further details will be disclosed soon.

Any questions or thoughts are more than welcome. :arrow_heading_down:

2 Likes

@B.E Could you look at this thread please:

The Executive Board of Deutsche Lufthansa AG today, with the approval of the Company’s Supervisory Board, resolved to utilize the Authorized Capital C for a capital increase with subscription rights of the Company’s shareholders. The Company’s share capital of currently EUR 1,530,221,624.32, divided into 597,742,822 shares, will be increased by issuing 597,742,822 new no-par value shares of the Company.

The gross proceeds are expected to amount to EUR 2,140 million. The subscription price of EUR 3.58 per New Share corresponds to a discount of 39.3% on the TERP (theoretical ex-rights price). The subscription ratio is 1:1. The new shares are to be offered to the Company’s shareholders during the subscription period, which is expected to commence on September 22, 2021 and end on October 5, 2021. The rights trading is expected to commence on September 22, 2021 and end on September 30, 2021.

In effect shareholders of the company are receiving rights on a 1:1 basis, with the option to purchase new shares at 3.58EUR a share.

With the parent currently pricing around 6.19EUR, each right is worth approximately 2.61EUR each.

Cheers!

2 Likes

Hey @Dougal1984, appreciate the heads up :handshake:

@Bogi.H just posted an update in the thread with some more information regarding the event.:heavy_check_mark:

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Hello, everyone. :wave:

The following events were executed on 27.09.2021 & 28.09.2021:

27.09.2021

  • Amplitude Healthcare Acquisition (AMHCU) changed its name to Jasper Therapeutics, Inc. (JSPR).
  • Rotor Acquisition Corp (ROT) changed its name to Sarcos Technology and Robotics (STRC).

28.09.2021

  • Ossen Innovation Co Ltd. (OSN) аcquired Pujiang International Group Ltd.
  • Semler Scientific (SMLR) got uplisted from OTC to NASDAQ.

As always, if you have any questions, post them below.

1 Like

Hello, everyone.

The following events were executed on 29.09.2021 & 30.09.2021 :

29.09.2021

  • Toyota Motor Corp. (ТМ) performed a stock split 1:5.
  • Taiwan Liposome Co Ltd. ADR (TLC) has been acquired by Seng Investment Co Ltd.
  • CA Healthcare Acquisition Corp. changed its name to LumiraDx Ltd. (LMDX).

30.09.2021

  • Evadix Group (ALEVA) changed its name to Whitestone Group (ROCK).
  • Vertice Trescientos Sesenta Grados SA (VER) changed its name to Squirrel Media SA (SQRL).
  • Jaws Spitfire Acquisition Corp. (SPFR) changed its name to Velo3D Inc (VLD).
  • Union Acquisition Corp. II (LATN) changed its name to Procaps Group SA (PROC).
  • Galileo Acquisition Corp. (GLEO) changed its name to Shapeways Holdings, Inc. (SHPW).
  • Magal Security Systems Ltd. (MAGS) changed its name to Senstar Technologies Ltd. (SNT).