pass Diversified LLC(CODI)
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Morning Market Movers: PMAX, STI, GWH, ACON See Big Swings
RTTNews· 2025-10-13 12:09
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Powell Max Limited (PMAX) increased by 115% to $5.59 - Solidion Technology, Inc. (STI) rose by 102% to $11.14 - ESS Tech, Inc. (GWH) saw a 44% increase to $6.11 - Aclarion, Inc. (ACON) gained 27% reaching $10.98 - Mannatech, Incorporated (MTEX) was up 20% at $10.80 - USA Rare Earth, Inc. (USAR) increased by 19% to $38.80 - Critical Metals Corp. (CRML) rose by 18% to $17.73 - United States Antimony Corporation (UAMY) gained 13% to $13.86 - Compass Diversified (CODI) increased by 12% to $9.46 - Forward Industries, Inc. (FORD) was up 11% at $22.69 [3] Premarket Losers - Yunhong Green CTI Ltd. (YHGJ) decreased by 24% to $7.00 - Kentucky First Federal Bancorp (KFFB) fell by 22% to $2.85 - One and One Green Technologies, Inc. (YDDL) dropped 20% to $5.23 - Safe & Green Holdings Corp. (SGBX) declined by 15% to $5.25 - Lazydays Holdings, Inc. (GORV) was down 14% at $2.12 - Acurx Pharmaceuticals, Inc. (ACXP) decreased by 10% to $6.69 - Top KingWin Ltd (WAI) fell by 10% to $3.82 - Super League Enterprise, Inc. (SLE) dropped 10% to $3.75 - Chanson International Holding (CHSN) decreased by 10% to $2.28 - Alaunos Therapeutics, Inc. (TCRT) was down 5% at $3.28 [4]
Compass Diversified 7.87% CUM PFD B declares $0.4922 dividend (NYSE:CODI.PR.B)
Seeking Alpha· 2025-10-03 13:00
Core Insights - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] Group 1 - The article suggests that users may face blocks if they have an ad-blocker enabled, indicating a need to disable it for proper access [1]
Compass Diversified Declares Third Quarter 2025 Distributions on Series A, B and C Preferred Shares
Globenewswire· 2025-10-02 20:10
Core Points - Compass Diversified (CODI) announced a quarterly cash distribution for its three preferred share series [1] Distribution Details - The Board declared a cash distribution of $0.453125 per share for the 7.250% Series A Preferred Shares, covering the period from July 30, 2025, to October 30, 2025, payable on October 30, 2025, to holders of record as of October 15, 2025 [2] - A cash distribution of $0.4921875 per share was declared for both the 7.875% Series B and Series C Preferred Shares, also covering the same period and payable on the same date to holders of record as of October 15, 2025 [3][4] Tax Implications - The preferred cash distributions are expected to generally constitute "qualified dividends" for U.S. federal income tax purposes, provided certain conditions are met [5]
Compass Diversified Declares Third Quarter 2025 Distributions on Series A, B and C Preferred Shares
Globenewswire· 2025-10-02 20:10
Core Viewpoint - Compass Diversified (CODI) has declared quarterly cash distributions for its preferred shares, indicating a commitment to returning value to shareholders through consistent dividend payments [1]. Distribution Details - The Board declared a cash distribution of $0.453125 per share for the 7.250% Series A Preferred Shares, covering the period from July 30, 2025, to October 30, 2025, payable on October 30, 2025, to holders of record as of October 15, 2025 [2]. - A cash distribution of $0.4921875 per share was declared for both the 7.875% Series B and Series C Preferred Shares, also covering the same period and payable on the same date to holders of record as of October 15, 2025 [3][4]. Tax Implications - The preferred cash distributions are expected to generally qualify as "qualified dividends" for U.S. federal income tax purposes, contingent upon being paid from "earnings and profits" and meeting the requisite holding period [5].
COMPASS (CODI) INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation into Compass Diversified and Encourages Investors to Inquire About Their Rights
Globenewswire· 2025-10-02 11:47
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Compass Diversified (NYSE:CODI) due to a class action lawsuit alleging breaches of fiduciary duties by the company's board of directors during a specified class period [1][2]. Summary by Sections Lawsuit Details - The lawsuit claims that during the class period from May 1, 2024, to May 7, 2025, Compass made false and misleading statements regarding its subsidiary, Lugano Holdings, Inc. This included undisclosed financing arrangements and irregularities in financial reporting [2]. - Specific allegations include: 1. Lugano Holdings maintained unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable [2]. 2. The financial statements of the company were rendered unreliable and would require restatement due to these irregularities [2]. 3. The company failed to maintain adequate internal controls related to its financial statements [2]. 4. As a result, public statements made by the defendants were materially false and misleading [2]. Next Steps for Investors - Long-term stockholders of Compass who have information or questions regarding the claims are encouraged to contact Bragar Eagel & Squire for further discussion [3]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation across the United States [4].
Johnson Fistel Begins Investigation on Behalf of Long-Term Compass Diversified Holdings Shareholders
Globenewswire· 2025-10-01 21:30
Core Viewpoint - Johnson Fistel, PLLP has initiated an investigation into board members and executive officers of Compass Diversified Holdings for potential breaches of fiduciary duties and violations of federal securities laws [1]. Group 1: Investigation Details - A class action complaint was filed against Compass Diversified Holdings, alleging that from May 1, 2024, to May 7, 2025, the defendants made false and misleading statements and failed to disclose that the company had overstated the financial performance and stability of its portfolio companies [2]. - The complaint claims that the defendants' positive statements regarding CODI's business, operations, and prospects were materially false and misleading and lacked a reasonable basis [2]. Group 2: Stockholder Rights - Current stockholders who held their Compass Diversified Holdings stock before March 1, 2025, are encouraged to contact Johnson Fistel to discuss their legal rights in this matter [3].
Kuehn Law Encourages Investors of Compass Group Diversified Holdings, LLC to Contact Law Firm
GlobeNewswire News Room· 2025-07-29 16:21
Core Viewpoint - Kuehn Law is investigating potential breaches of fiduciary duties by officers and directors of Compass Group Diversified Holdings, LLC (CODI) related to financial misrepresentations and inadequate internal controls [1][2]. Group 1: Legal Investigation - Kuehn Law, a shareholder litigation firm, is looking into whether certain officers and directors of CODI have breached their fiduciary duties to shareholders [1]. - The investigation is prompted by a federal securities lawsuit alleging that insiders at CODI caused the company to misrepresent or fail to disclose critical financial information [2]. Group 2: Financial Irregularities - The lawsuit claims that CODI's subsidiary, Lugano Holdings, Inc., had unrecorded financing arrangements and irregularities in its sales, cost of sales, inventory, and accounts receivable [2]. - These irregularities rendered the financial statements of CODI unreliable and necessitated a restatement of those financials [2]. - The company is accused of failing to maintain adequate internal controls related to its financial statements, leading to materially false and misleading public statements [2].
Compass Diversified Announces Extended Forbearance
Globenewswire· 2025-07-28 10:50
Core Points - Compass Diversified (CODI) has entered into a second forbearance agreement with its lenders, extending the previous forbearance period until October 24, 2025, and increasing the availability on its $100 million revolving credit facility from $40 million to $60 million during this period [1][2] - The forbearance agreement follows an investigation into financial and accounting irregularities at its subsidiary, Lugano Holdings, Inc., which has identified issues in financing, accounting, and inventory practices [2][3] - The investigation is progressing as expected, focusing solely on Lugano and not affecting CODI's other subsidiaries, which continue to operate normally and generate significant cash flow [3][4] - CODI's CEO emphasized the company's strong performance across its other eight subsidiaries, maintaining healthy balance sheets and solid liquidity supported by increased access to capital [4]
COMPASS INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Urges Investors in Compass Diversified (CODI) to Inquire About Their Rights in Class Action Lawsuit
GlobeNewswire News Room· 2025-07-17 23:24
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Compass Diversified (NYSE:CODI) due to a class action lawsuit alleging breaches of fiduciary duties by the company's board of directors during the specified class period [1][2]. Group 1: Lawsuit Details - The class action complaint was filed on June 6, 2025, covering a class period from May 1, 2024, to May 7, 2025 [1]. - Allegations include that Compass's subsidiary, Lugano Holdings, Inc., had unrecorded financing arrangements and irregularities in its financial reporting, which rendered the overall financial statements of Compass unreliable [2]. - The lawsuit claims that the company failed to maintain adequate internal controls over its financial statements, leading to materially false and misleading public statements [2]. Group 2: Investor Communication - Long-term stockholders of Compass are encouraged to contact Bragar Eagel & Squire for more information regarding their rights and the ongoing investigation [3]. - The law firm offers a no-cost consultation for investors who may have suffered losses during the class period [3]. Group 3: Firm Background - Bragar Eagel & Squire, P.C. is a nationally recognized law firm specializing in representing individual and institutional investors in complex litigation across state and federal courts [4].
COMPASS ALERT: Bragar Eagel & Squire, P.C. is Investigating Compass Diversified on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-10 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Compass Diversified due to a class action lawsuit alleging breaches of fiduciary duties by the company's board of directors during a specified class period [1][2]. Summary by Relevant Sections Lawsuit Details - The class action complaint was filed on June 6, 2025, covering a class period from May 1, 2024, to May 7, 2025 [1]. - Allegations include that Compass's subsidiary, Lugano Holdings, Inc., had unrecorded financing arrangements and irregularities in its financial reporting, which affected the reliability of the company's overall financial statements [2]. - The lawsuit claims that the company failed to maintain adequate internal controls over its financial statements, leading to materially false and misleading public statements [2]. Investor Information - Long-term stockholders of Compass are encouraged to reach out for more information regarding the claims or their rights related to the lawsuit [3].