Slam (SLAM)
Search documents
SLAM Exploration Presenting at the 51st Annual New Orleans Investment Conference
Accessnewswire· 2025-10-31 11:30
Core Viewpoint - SLAM Exploration Ltd. is participating in the 51st Annual New Orleans Investment Conference, showcasing its copper, nickel, cobalt, and gold campaigns [1] Company Participation - The conference will take place at the Hilton New Orleans Riverside from November 2nd to 5th, 2025 [1]
Denny's Honors Veterans with Free Original Grand Slam® for Veterans Day
Globenewswire· 2025-10-22 16:22
Core Points - Denny's is offering a free Original Grand Slam® meal to active and retired military personnel on Veterans Day, November 11, 2025, from 5 a.m. to noon at participating locations nationwide [1][2] - The meal includes two buttermilk pancakes, two strips of bacon, two sausage links, and two eggs made to order, and requires a valid military ID or DD 214 for redemption [1] - Denny's commitment to honoring veterans is reflected in its annual celebration, where in 2024, the company served over 38,000 meals to veterans and communities affected by natural disasters [2] Company Overview - Denny's is a family dining restaurant brand based in Spartanburg, S.C., with over 70 years of history, focusing on providing craveable meals at meaningful value across various dining times [3] - As of June 25, 2025, Denny's operates 1,484 restaurants globally, with 1,422 being franchised and licensed, and 62 company-operated, including locations in multiple countries [4] - The company engages in community support initiatives, including the Mobile Relief Diner, Denny's Hungry for Education™ scholarship program, and partnerships with organizations like No Kid Hungry and Cookies for Kids' Cancer [3][4]
SLAM Closes Second And Final Tranche Of Private Placement And Raises $211,000
Accessnewswire· 2025-10-10 22:50
Group 1 - SLAM Exploration Ltd. has raised gross proceeds of $211,000 from the closing of the second and final tranche of a non-brokered private placement [1] - The private placement involved the issuance of 527,500 units at a price of $0.40 per unit [1]
Summit Bank Wins American Bankers Association's Brand Slam “Out-of-the-Box Idea” Award for Summit House Campaign
Businesswire· 2025-09-25 15:00
Core Points - Summit Bank has received the American Bankers Association's 2025 Brand Slam award for its innovative community-driven campaign, Summit House [1] - The award was presented at the ABA Bank Marketing Conference in New Orleans, highlighting the bank's standout marketing achievements among six recognized banks nationwide [1] - The Brand Slam awards were judged by a panel of 75 Certified Financial Marketing Professionals [1]
SLAM Closes First Tranche of Private Placement and Raises $689,000
Accessnewswire· 2025-09-18 21:55
Core Points - SLAM Exploration Ltd. has successfully raised gross proceeds of $689,000 from the first tranche of a non-brokered private placement [1] - The company issued a total of 1,722,500 units at a price of $0.40 per unit [1] Financial Summary - Gross proceeds from the offering amount to $689,000 [1] - The price per unit in the offering was set at $0.40 [1] - A total of 1,722,500 units were issued in this tranche [1]
SLAM Announces $1,000,000 Private Placement
Accessnewswire· 2025-09-08 15:00
Core Viewpoint - SLAM Exploration Ltd. announces a non-brokered private placement of up to 2,500,000 units at a price of $0.40 per unit, aiming for gross proceeds of up to $1,000,000 [1] Company Summary - The offering consists of 2,500,000 units priced at $0.40 each [1] - The total gross proceeds targeted from this offering are $1,000,000 [1]
Protagonist Therapeutics: Two 'Slam Dunk' Sets Of Pivotal Data Set Up Bull Case
Seeking Alpha· 2025-06-20 21:27
Group 1 - The article promotes a weekly newsletter focused on stocks in the biotech, pharma, and healthcare industries, aimed at both novice and experienced investors [1] - The newsletter provides insights on key trends, catalysts, product sales forecasts, and integrated financial statements for major pharmaceutical companies [1] - The author, Edmund Ingham, has over five years of experience in covering biotech, healthcare, and pharma, and has compiled detailed reports on more than 1,000 companies [1]
Denny's: The $1 Slam That Could Cost A Fortune
Seeking Alpha· 2025-06-03 10:15
Core Insights - The stock has experienced a decline of over 22.5% in just over three months, indicating significant volatility in the market [1] Company Overview - The company specializes in analyzing restaurant stocks within the U.S. market, covering various segments such as QSR, fast casual, casual dining, fine dining, and family dining [1] - It employs advanced analytical models and specialized valuation techniques to provide detailed insights and actionable strategies for investors [1] Analyst Background - The founder has a solid foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership [1] - The company actively engages in academic and journalistic initiatives, contributing to institutions that promote individual and economic freedom [1]
Slam (SLAM) - 2025 Q1 - Quarterly Report
2025-05-15 20:19
Financial Position - As of March 31, 2025, the company had approximately $70 in its operating bank account and a working capital deficit of approximately $3.4 million[192]. - The company has a total of $1,474,000 outstanding under Working Capital Loans as of March 31, 2025[193]. - The company has no off-balance sheet arrangements as of March 31, 2025[202]. Net Loss - For the three months ended March 31, 2025, the company reported a net loss of approximately $692,000, which included approximately $491,000 in non-operating loss from the change in fair value of derivative warrant liabilities[189]. - For the three months ended March 31, 2024, the company had a net loss of approximately $947,000, with general and administrative expenses amounting to approximately $1.8 million[190]. Business Operations - The company has not engaged in any operations or generated any revenues to date, with only organizational activities conducted since inception[188]. - The company intends to complete an initial business combination by June 25, 2025, but there is substantial doubt about its ability to continue as a going concern if this is not achieved[201]. - The company expects to incur significant costs in pursuing its initial business combination, which may affect its liquidity[187]. - The company has incurred increased expenses due to being a public company, including legal and compliance costs[188]. Debt Obligations - The company issued an unsecured promissory note totaling up to $10,947,000 to the Sponsor, with $10,947,000 outstanding as of March 31, 2025[196].
Slam (SLAM) - 2024 Q4 - Annual Report
2025-04-15 21:13
Business Combination and Structure - The Business Combination Agreement with Lynk Global, Inc. includes a merger that will result in Slam transferring to Delaware and merging with Lynk, with Topco as the surviving entity [29][31]. - The Backstop Agreement allows for an investment of up to $25 million in Topco Series A Common Stock to offset any redemptions if the Minimum Cash Condition is not met [32]. - The Business Combination will convert each New Slam Share into one share of Topco Series A Common Stock, with public warrants converting into Topco Warrants [31]. - The Business Combination is expected to be completed by December 25, 2024, following several amendments to the agreement extending the termination date [36][38]. - The company intends to structure its initial business combination to own or acquire at least 50% of the target's voting securities [48]. - The company may pursue a business combination with an affiliated entity, provided an independent valuation opinion is obtained to ensure fairness [74]. - The company may complete its initial business combination without shareholder approval if the transaction does not require it under applicable law or exchange rules [135]. - The company may only be able to complete one business combination with the proceeds from the IPO, leading to a lack of diversification that may negatively impact operations and profitability [194]. - The company may attempt to complete business combinations with multiple targets simultaneously, which could increase costs and risks, negatively impacting operations and profitability [196]. Financial Position and Funding - As of December 31, 2024, the company had approximately $22,852,136 available for an initial business combination after IPO expenses [65]. - The company intends to utilize cash from the IPO proceeds and private placement warrants for the initial business combination, which may involve equity or debt financing [69]. - The company may need additional financing to complete the initial business combination if the required cash exceeds the trust account proceeds or if significant public shares are redeemed [71]. - The company has only approximately $518 available outside the trust account for working capital, which may limit its ability to fund the search for a target business [154]. - The net proceeds from the IPO and the sale of private placement warrants provided up to $558,075,000 for the initial business combination, after accounting for $20,125,000 in deferred underwriting commissions [194]. Shareholder Rights and Redemptions - The company will provide public shareholders with the opportunity to redeem their Class A ordinary shares at a per-share price equal to the aggregate amount in the trust account, including interest, divided by the number of outstanding public shares [92]. - If the total cash consideration required for redemptions exceeds the available cash, the company will not complete the business combination or redeem any shares [93]. - The company intends to conduct redemptions in connection with a shareholder vote unless not required by law or stock exchange rules [94]. - Shareholders are restricted from redeeming more than 15% of the shares sold in the IPO without prior consent, which aims to prevent large shareholders from blocking the business combination [101][102]. - The company will not proceed with redemptions if the business combination does not close, even if a shareholder has elected to redeem their shares [92]. - Public shareholders must tender their shares to exercise redemption rights, with specific delivery requirements outlined in the proxy solicitation or tender offer materials [104]. - The company expects to complete the initial business combination only if a majority of the shares voted at the shareholder meeting are in favor of the transaction [96]. - If the initial business combination is not completed, public shareholders who elected to redeem their shares will not be entitled to any pro rata share of the trust account [108]. - The per-share redemption amount upon dissolution is expected to be approximately $10.00, but actual amounts may be less due to creditor claims [114]. Management and Strategy - The management team includes experienced professionals from finance, media, and sports industries, led by CEO Alex Rodriguez and Chairman Himanshu Gulati [41]. - The company aims to leverage its network and capital markets expertise to accelerate growth in target businesses [42]. - The focus is on acquiring market leaders with defensible business models and superior market share [43]. - The management team has extensive experience in identifying and executing strategic investments globally, particularly in sports, media, and technology sectors [45]. - The company aims to acquire targets with sustainable growth prospects in large addressable markets, focusing on profitability and attractive unit economics [49]. - The company may face numerous risks inherent in the operations of the business it combines with, which could delay or prevent the implementation of its strategy [158]. Market Conditions and Risks - Geopolitical tensions, including the invasion of Ukraine and the Israel-Hamas war, have created market volatility that could adversely affect the company's ability to consummate a business combination [144]. - The ongoing military conflicts and resulting sanctions could lead to significant disruptions in global markets, impacting the company's operations and business combination efforts [145]. - COVID-19 and future public health crises may negatively affect the company's business operations and financial results, complicating strategic planning [146]. - The company may face intense competition from other blank check companies and private equity groups in identifying and acquiring target businesses [122]. - Increased competition among SPACs for attractive targets may lead to higher costs and challenges in finding suitable business combinations [180]. Regulatory and Compliance Issues - The company is subject to the reporting obligations under the Exchange Act, including the requirement to file annual, quarterly, and current reports with the SEC [125]. - The company has received a tax exemption undertaking from the Cayman Islands government for a period of 20 years, exempting it from taxes on profits, income, gains, or appreciations [129]. - The company qualifies as an "emerging growth company" and is eligible for certain exemptions from various reporting requirements, including auditor attestation requirements [130]. - The company is classified as a "smaller reporting company," allowing it to provide only two years of audited financial statements if revenues are less than $100 million [133]. - Compliance with the Sarbanes-Oxley Act may require substantial financial and management resources, increasing the time and costs of completing an acquisition [186]. Warrant and Share Issuance - The company issued 14,375,000 public warrants and 11,333,333 private placement warrants, each exercisable at $11.50 per share [221]. - The company may redeem outstanding public warrants at $0.01 per warrant if the Class A ordinary shares close at or above $18.00 for 20 trading days within a 30-day period [218]. - The potential issuance of additional Class A ordinary shares upon warrant exercise could dilute existing shareholders and affect the attractiveness of the company as an acquisition target [222]. - The company may seek approval from public warrant holders to amend the warrant agreement to cancel outstanding warrants in exchange for a lesser number of shares [217]. - The company may redeem public warrants at $0.10 per warrant with a minimum of 30 days' notice if the Class A ordinary shares close at or above $10.00 for 20 trading days within a 30-day period [219]. Operational Challenges - The company may face challenges in completing an initial business combination by the Termination Date, which could limit due diligence and negotiation leverage with potential target businesses [143]. - The company may incur substantial debt to complete a business combination, which could adversely affect leverage and financial condition [193]. - The company may seek acquisition opportunities outside of its management's areas of expertise, which could lead to inadequate assessment of significant risk factors [160]. - The market for directors' and officers' liability insurance has become less favorable, increasing costs and complicating initial business combination negotiations [174]. - The company may face challenges in attracting and retaining qualified officers and directors due to increased insurance costs post-business combination [175].