Core Viewpoint - City Office REIT, Inc. has entered into a definitive merger agreement with MCME Carell Holdings, under which MCME Carell will acquire all outstanding shares of City Office for $7.00 per share in cash, valuing the transaction at approximately $1.1 billion [1][2][3]. Transaction Details - The transaction price of $7.00 per share represents a 26% premium to City Office's closing share price on the NYSE prior to the announcement and a 39% premium to the volume weighted average share price over the previous 90 days [2]. - Holders of City Office's 6.625% Series A Cumulative Preferred Stock will receive $25.00 per share in cash, plus all accrued and unpaid distributions up to the date of transaction consummation [2]. - The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions, including shareholder approval [4]. Company Actions - City Office will pay its previously announced second quarter dividend but has resolved to suspend future common stock dividend payments until the transaction closes [5]. - Upon completion of the transaction, City Office will become a private company, and its shares will no longer trade on the NYSE [6]. Company Background - City Office REIT is focused on acquiring, owning, and operating office properties primarily in Sun Belt markets, currently owning or controlling 5.4 million square feet of office properties [8][9]. - MCME Carell is affiliated with Elliott Investment Management and Morning Calm Management, managing approximately $72.7 billion in assets [10].

For Immediate Release July 22, 2025 For Further Information Contact: David L. Bumgarner, Executive Vice President and Chief Financial Officer (304) 769-1169 NEWS RELEASE City Holding Company Announces Record Quarterly Results Charleston, West Virginia – City Holding Company ("Company" or "City") (NASDAQ:CHCO), a $6.6 billion bank holding company headquartered in Charleston, West Virginia, today announced record quarterly net income of $33.4 million and diluted earnings of $2.29 per share for the quarter end ...

Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...

Core Insights - The article discusses the current state of the gold market, highlighting significant price levels and net interest trends in the sector [1][2]. Group 1: Gold Market Overview - The gold price is reported at 593.9 billion, indicating a strong market presence [1]. - Another report indicates a gold price of 898.9 billion, suggesting fluctuations in market valuation [2]. - The net interest in gold is noted, reflecting investor sentiment and market dynamics [1][2]. Group 2: Author Background - The author, Ernest Hoffman, has over 15 years of experience in market reporting, specializing in crypto and market news [3]. - Hoffman has a background in establishing media services and producing economic news content, showcasing expertise in financial journalism [3].

City Express by Marriott now has a presence in five countries, with an additional six markets and over 60 projects in the pipeline—underscoring its rapid growth and increasing impact in the midscale hospitality segment. "We're excited to continue our collaboration with FÁBRICA DE HOTÉIS. to bring the City Express by Marriott brand to Brazil," said Federico Greppi, Chief Operations, Marriott International, Caribbean and Latin America (CALA). "This agreement reflects our ongoing commitment to combining Marrio ...

Core Viewpoint - City View Green Holdings Inc. is set to acquire up to a 20% interest in Arkenyield, a digital asset yield platform, for a total investment of $575,000, reflecting its strategy to expand in the digital finance sector, particularly in stablecoins [1][2][10] Group 1: Acquisition Details - The acquisition will involve purchasing up to 20% of Arkenyield's issued and outstanding securities for $575,000, which will be paid through a mix of common shares and a convertible debenture [2][9] - The convertible debenture will have a five-year term and can be converted into common shares at a price of $0.05 per share [9] - The transaction is contingent upon City View completing its proposed change of business (COB) and fulfilling customary closing conditions, including due diligence [3][4] Group 2: Strategic Shift - City View is transitioning from a "cannabis issuer" to an "investment issuer," which is classified as a fundamental change under Canadian Securities Exchange (CSE) policy [2] - This strategic shift will require CSE and shareholder approval before the transaction can be finalized [11] Group 3: Arkenyield Overview - Arkenyield is a digital asset yield platform that focuses on generating returns from stablecoins, utilizing proprietary Concentrated Liquidity Market-Making (CLMM) strategies [7][10] - The platform aims to meet the growing institutional demand for stablecoin yield infrastructure, recognizing stablecoins as essential to global financial systems [7][10] Group 4: Future Plans - City View is considering integrating cryptocurrency into its treasury management, potentially allocating capital to digital assets, including stablecoins, to enhance stability and liquidity [5] - The company plans to engage Arkenyield for specialized treasury management services to navigate the digital asset landscape [5]

Group 1 - City Office REIT, Inc. will release its financial results for the quarter ended June 30, 2025, before the market opens on July 31, 2025 [1] - A conference call will be held at 11:00 am Eastern Time on July 31, 2025, to discuss the financial results [2] - A supplemental financial package will be available on the company's website to accompany the discussion [2] Group 2 - City Office REIT is focused on acquiring, owning, and operating office properties primarily in Sun Belt markets [6] - The company currently owns or has a controlling interest in 5.4 million square feet of office properties [6] - City Office has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes [6]

Core Viewpoint - Happy City Holdings Limited has successfully completed a partial exercise of its over-allotment option in its initial public offering, raising additional funds for business expansion and working capital [1][2]. Group 1: Offering Details - The underwriters exercised their over-allotment option to purchase an additional 112,000 Class A Ordinary Shares at a price of $5.00 per share, resulting in additional gross proceeds of $0.56 million [1]. - The total number of Class A Ordinary Shares sold in the offering increased to 1,212,000 shares, with total gross proceeds reaching $6.06 million before deductions [1]. - The Class A Ordinary Shares began trading on the Nasdaq Capital Market on June 24, 2025, under the symbol "HCHL" [1]. Group 2: Use of Proceeds - The company intends to utilize the net proceeds from the offering for business expansion in Hong Kong and Southeast Asia, as well as for working capital and general corporate purposes [1]. Group 3: Company Overview - Happy City Holdings Limited operates three all-you-can-eat hotpot restaurants in Hong Kong, offering mixed style, Shabu Shabu-style, and Thai-style specialty hotpot [5]. - The company emphasizes a strong commitment to food quality and aims to provide an immersive dining experience through its unique brand image and prime restaurant locations [5].

Core Insights - PRIME FiBER has commenced construction on a high-speed fiber network in Sun City, Arizona, marking a significant milestone in its expansion efforts [1][2] - The project is part of a wholesale fiber broadband services agreement with AT&T, contributing to AT&T's goal of reaching 60 million fiber locations in the U.S. by the end of 2030 [2][3] - The initial service areas in Sun City are expected to go live in the coming months, enhancing internet infrastructure in the region [4] Company Overview - PRIME FiBER is an open-access fiber-to-the-home (FTTH) infrastructure provider, serving various stakeholders including ISPs and enterprises across the U.S. [5] - The company is backed by InLight Capital, a private investment firm based in Sugar Land, Texas, which focuses on long-duration capital growth [7] Industry Context - The collaboration between PRIME FiBER and AT&T is part of a broader trend in the telecommunications industry aimed at improving internet access and reliability for communities [3][6] - The expansion into Arizona follows PRIME FiBER's previous deployments in Florida, indicating a strategic growth plan within the U.S. market [2]

Core Insights - PureVoltage Hosting announces a major expansion at the Telehouse facility in Staten Island, New York, reinforcing its position as the largest client at this location and commitment to providing high-performance infrastructure services globally [1][2] Capacity Expansion and Power Investment - The expansion includes the addition of 96 secure private-locking racks and 500kW of power, enhancing the company's ability to support enterprise, cloud, colocation, and AI workloads with improved reliability and flexibility [2] - PureVoltage has increased its connectivity to the New York International Internet Exchange (NYIIX), now exceeding 800Gbps of capacity, ensuring ultra-low latency and fast routing to major carriers and ISPs [4] Infrastructure Resilience - PureVoltage has maintained over 12 years of uninterrupted service at the Telehouse facility, demonstrating resilience even during catastrophic events like Hurricane Sandy, with no power-related downtime [3] Robust Features and Custom Solutions - The company offers a range of services including dedicated servers, bare metal, colocation, and cloud VPS solutions, designed to scale seamlessly for various workloads such as AI training clusters and fintech applications [5][10] - Key features include DDoS protection, 24/7 proactive network monitoring, carrier-neutral bandwidth, and compliance-ready environments [6] Vision for Future Growth - PureVoltage aims to expand across key markets including New York, Dallas, Los Angeles, Seattle, Tampa, and Chicago, with its relationship with Telehouse being crucial for future growth [6] - The Staten Island facility is strategically located for disaster resilience and long-term uptime, supporting enterprise digital transformation [9]