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Quantum BioPharma Licensee Unbuzzd Wellness Inc. Launches $5 Million Reg D Capital Raise to Fund Growth and Path to Possible Initial Public Offering
GlobeNewswire News Room· 2025-06-26 11:30
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91) (“Quantum BioPharma”), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, announces that Unbuzzd Wellness Inc. (the "Company" or "Unbuzzd"), the company behind unbuzzd™—the scientifically-proven and game-changing beverage that accelerates alcohol metabolism, restores mental clarity and reduces hangover symptoms—is pleased to announce that it has enga ...
Omeros(OMER) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:32
Omeros Corp (OMER) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Jennifer Cook Williams - PrincipalGregory Demopulos - Founder, Chairman, CEO & PresidentDavid Borges - VP of Finance, Chief Accounting Officer & TreasurerSteve Brozak - President & Managing PartnerNadia Dac - CCO Operator Good afternoon, and welcome to today's earnings call for Omeros Corporation. At this time, all participants are in a listen only mode. After the company's remarks, we will conduct a question and answer s ...
Omeros(OMER) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:30
Omeros Corp (OMER) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Speaker0 Good afternoon, and welcome to today's earnings call for Omeros Corporation. At this time, all participants are in a listen only mode. After the company's remarks, we will conduct a question and answer session. Please be advised that this call is being recorded at the company's request, and a replay will be available on the company's website for one week from today. I'll turn the call over to Jennifer Williams, Investor Relations for ...
Starwood Property Trust(STWD) - 2025 Q1 - Earnings Call Transcript
2025-05-09 15:02
Starwood Property Trust (STWD) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Zachary Tanenbaum - MD & Head of Investor StrategyRina Paniry - CFOJeffrey Dimodica - PresidentBarry Sternlicht - Chairman and CEODonald Fandetti - Managing DirectorJade Rahmani - Managing DirectorAdam Behlman - President of Real Estate Investing & Servicing Conference Call Participants Douglas Harter - Equity Research AnalystRichard Shane - Analyst Operator Greetings, and welcome to the Starwood Property Trus ...
Starwood Property Trust(STWD) - 2025 Q1 - Earnings Call Transcript
2025-05-09 15:00
Financial Data and Key Metrics Changes - The company reported distributable earnings (DE) of $156 million or $0.45 per share, while GAAP net income was $112 million or $0.33 per share [5] - The company committed $2.3 billion towards new investments, marking the highest quarter in nearly three years [5] - The overall loan book grew by $859 million, reaching $14.5 billion at quarter end [6][23] - The CECL reserve decreased by $26 million to $456 million, representing 4.2% of the lending and REO portfolios [9] Business Line Data and Key Metrics Changes - Commercial and residential lending contributed DE of $179 million or $0.51 per share, with $1.4 billion of loans originated [6] - The residential lending portfolio ended the quarter at $2.4 billion, with repayments at par [10] - The investing and servicing segment contributed DE of $50 million or $0.14 per share, with a servicing portfolio of $9.6 billion [12] - Infrastructure lending saw a record commitment of $677 million, with a portfolio of $2.8 billion at quarter end [13] Market Data and Key Metrics Changes - The company noted that the CMBS single asset single borrower market has pulled back, creating opportunities for well-capitalized lenders [16] - The company has seen a significant increase in debt and equity deals in the market, with 50% more deals compared to the same period last year [16] - The company expects to maintain a strong origination pace, with over $1 billion already closed in the first month of the second quarter [16] Company Strategy and Development Direction - The company aims to achieve investment grade status and grow all investment segments, including exploring acquisitions in the residential credit space [29][36] - The focus is on three investment themes: data centers, Europe, and multifamily assets, with 70% of Q1 equity in data centers [22] - The company plans to leverage its strong balance sheet and liquidity to capitalize on market opportunities [44] Management's Comments on Operating Environment and Future Outlook - Management anticipates a weakening economy but believes it will lead to lower interest rates, which could benefit the property segment [32] - The company is optimistic about transaction volumes re-accelerating and sees a favorable environment for capital deployment [33][34] - Management highlighted the importance of maintaining a disciplined growth strategy, avoiding unnecessary risks while capitalizing on opportunities [82] Other Important Information - The company has a current liquidity of $1.5 billion, excluding potential liquidity from asset sales and refinancings [14] - The adjusted debt to undepreciated equity ratio ended the quarter at 2.25x, indicating a strong capital position [15] - The company has over $650 million in reserves for its CRE lending book, which is expected to lead to lower reserves and higher earnings in the future [24] Q&A Session Summary Question: Progress on resolving nonperforming loans - Management indicated progress on resolving nonperforming loans, with expectations to sell certain apartment deals at their basis this year [49] Question: Opportunities in residential credit - Management acknowledged the potential in residential credit and is exploring opportunities to re-enter the market, including the possibility of acquiring an originator [70] Question: Corporate M&A outlook - Management expressed optimism about potential M&A activity in the sector, noting that some companies may be under pressure to consolidate [76] Question: Timing of loan closings and interest income - Management expects an increase in interest income in Q2 due to a strong pipeline and significant loan closings at the end of Q1 [80] Question: Subordinate debt opportunities - Management indicated plans to explore opportunities in subordinate debt, including originating mezzanine loans and participating in B pieces [84]
Piper Sandler(PIPR) - 2025 Q1 - Earnings Call Transcript
2025-05-02 13:02
Piper Sandler Companies (PIPR) Q1 2025 Earnings Call May 02, 2025 08:00 AM ET Company Participants Kathy Winslow - Legal AdministratorChad Abraham - Chairman & CEODeb Schoneman - PresidentKate Clune - CFODevin Ryan - Director of Financial Technology ResearchJames Yaro - VP - Equity ResearchBrendan O'Brien - Senior Vice PresidentMike Grondahl - Head of Equities & Director of Research Operator Good morning, and welcome to the Piper Sandler Companies First Quarter twenty twenty five Earnings Conference Call. T ...
KKR(KKR) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:00
Financial Data and Key Metrics Changes - Fee related earnings per share increased to $0.92, up 22% year over year [4] - Total operating earnings rose to $1.24 per share, up 16% year over year [4] - Adjusted net income reached $1.15 per share, up 19% compared to the previous year [4] - Management fees for Q1 were $917 million, up 13% year over year, driven by fundraising and deployment activities [5] - Total fee related revenues amounted to $1.2 billion, reflecting a 22% increase year over year [6] Business Line Data and Key Metrics Changes - Insurance segment operating earnings were $259 million, in line with expectations [26] - Strategic holdings operating earnings were $31 million, slightly ahead of guidance [7] - Realized performance income was $348 million, and realized investment income was $218 million, totaling $566 million in monetization activity, up nearly 40% year over year [10] - The private equity portfolio increased by 4% in the quarter and 11% over the last twelve months [10] Market Data and Key Metrics Changes - The company raised $31 billion in new capital during the quarter, with significant contributions from North America private equity strategy [21] - The K Series suite of vehicles saw AUM grow to $22 billion, compared to $9 billion a year ago [23] - The private credit component of AUM grew to $117 billion, with asset-based finance growing between 35% and 40% year over year [71] Company Strategy and Development Direction - The company aims to leverage its diversified business model to source attractive investment opportunities globally [13] - Focus on capital raising efforts remains strong, with no changes to targets despite market volatility [21] - The strategic holdings segment is viewed as a differentiator, with ongoing acquisitions to enhance the portfolio [8] - The company is committed to evolving its insurance strategy to include longer-duration assets, aiming for a pretax ROE of over 20% [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating current market volatility, emphasizing the importance of a global and diversified approach [34] - The company anticipates continued investment opportunities despite potential delays in some sale processes [36] - There is optimism regarding monetization activity, with a record gross unrealized performance income of $8.7 billion, up over 25% year on year [19] Other Important Information - The company increased its dividend to $0.74 per share on an annualized basis, marking the sixth consecutive year of dividend increases [12] - The firm has $116 billion of committed but uncalled capital, providing stability and visibility for future management fees [30] Q&A Session Summary Question: Impact of the emerging trade war on Asia business - Management indicated no change to strategy, emphasizing lessons learned from past experiences with tariffs and supply chain issues [45] Question: Resilience of private wealth flows - Management noted that strong relative performance and low adoption rates could drive future growth in private wealth [49] Question: Why not increase share buybacks given stock performance? - Management reiterated a consistent capital allocation strategy focused on maximizing long-term earnings per share and quality of earnings [61] Question: Update on asset-backed finance platform - Management highlighted significant growth in asset-based finance, with a healthy deployment of over $4 billion in Q1 [74] Question: Expectations for flagship fundraising in 2025 - Management expects a barbell approach to fundraising, with significant capital coming in at initial and final closes [107]
KKR(KKR) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:00
Financial Data and Key Metrics Changes - Fee related earnings per share increased to $0.92, up 22% year over year [6] - Total operating earnings rose to $1.24 per share, reflecting a 16% year over year increase [6] - Adjusted net income reached $1.15 per share, up 19% compared to the previous year [6] - Management fees for Q1 were $917 million, a 13% increase year over year, driven by fundraising and deployment activities [7] - Total fee related revenues amounted to $1.2 billion, up 22% year over year [8] Business Line Data and Key Metrics Changes - Insurance segment operating earnings were $259 million, in line with guidance [9] - Strategic holdings operating earnings reached $31 million, slightly ahead of guidance [9] - Realized performance income was $348 million, and realized investment income was $218 million, totaling $566 million in monetization activity, up nearly 40% year over year [11] - The private equity portfolio increased by 4% in the quarter and 11% over the last twelve months [12] Market Data and Key Metrics Changes - The company raised $31 billion in new capital during the quarter, with significant contributions from North America private equity strategy [22] - The K Series suite of vehicles saw AUM grow to $22 billion, compared to $9 billion a year ago [25] - The asset-based finance segment grew significantly, with AUM in private credit reaching $117 billion, and asset-based finance growing between 35% and 40% year over year [71] Company Strategy and Development Direction - The company is focused on leveraging its global and diversified business model to source attractive investment opportunities amid market volatility [15] - There is a strong emphasis on capital raising efforts, with no changes to targets despite market conditions [22] - The company aims to build long-term investment vehicles that will perform well over time, rather than focusing on short-term capital raises [95] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating current market volatility and highlighted the potential for attractive investment opportunities [15] - The company believes that its diversified portfolio is well-positioned to manage challenges posed by tariffs and supply chain issues [16] - There is optimism regarding deployment and monetization, with a record amount of gross unrealized performance income at $8.7 billion, up over 25% year on year [20] Other Important Information - The company increased its dividend to $0.74 per share on an annualized basis, marking the sixth consecutive year of dividend increases [14] - The insurance segment is evolving to source liabilities and assets more effectively, with expectations of stable operating earnings around $250 million [27] Q&A Session Summary Question: Impact of the emerging trade war on Asia business - Management indicated no change to strategy, emphasizing lessons learned from past experiences with tariffs and supply chain issues [46] Question: Resilience of private wealth flows and potential acceleration - Management noted that strong relative performance and low adoption rates could drive future growth in private wealth channels [50] Question: Why not increase share buybacks now? - Management reiterated a consistent capital allocation strategy focused on maximizing long-term earnings per share and quality of earnings [61] Question: Update on asset-backed finance platform - Management highlighted significant growth in asset-based finance, with a strong deployment environment expected [74] Question: Expectations for capital markets fees and transaction focus - Management noted that capital markets fees were solid in Q1, with a strong pipeline for Q2, although they may be slightly lower than Q1 [81]
Southern Cross Gold Arranges C$143M Funding to Accelerate Sunday Creek Gold-Antimony Project
Newsfile· 2025-05-01 00:01
Vancouver, Canada and Melbourne, Australia--(Newsfile Corp. - April 30, 2025) - Southern Cross Gold Consolidated Ltd (TSXV: SXGC) (ASX: SX2) (OTC Pink: MWSNF) (FSE: MV3.F) ("SXGC", "SX2" or the "Company"), is pleased to announce that, further to its press release dated April 28, 2025, the Company, Stifel Nicolaus Canada Inc. and Aitken Mount Capital Partners Pty Ltd (ABN 39 169 972 436) as joint lead managers and joint bookrunners ("JLMs"), together with Jett Capital Advisors, as co-manager (collectively w ...
Southern Cross Gold to Undertake a Capital Raising by Private Placement
Newsfile· 2025-04-29 00:15
Core Viewpoint - Southern Cross Gold Consolidated Ltd is raising approximately C$120,000,000 through a private placement of securities to strengthen its financial position and execute its strategic business plan [1][11]. Group 1: Placement Details - The company has appointed Stifel Nicolaus Canada Inc. and Aitken Mount Capital Partners Pty Ltd as joint lead managers to facilitate the capital raising [2]. - The placement will involve issuing 26,666,667 common shares at C$4.50 each and/or Chess Depositary Interests (CDIs) at A$5.10 each [2]. - The issue price for CDIs represents an approximate 8.9% discount to the last closing price, while the common shares represent a 4.1% discount [4][5]. Group 2: Use of Proceeds - The net proceeds from the placement are expected to be allocated as follows: - C$53 million for drilling to establish Inferred Resource by Q1 2027 - C$27 million for decline permitting and development to accelerate access to mineralization - C$4 million for Preliminary Economic Assessment - C$36 million for exploration target expansion and working capital [10][18]. Group 3: Strategic Importance - Southern Cross Gold controls the Sunday Creek Gold-Antimony Project, which is significant due to its dual-metal profile and strategic value in light of China's export restrictions on antimony [14][15]. - The project has shown exceptional drilling results and is positioned as a potential key supplier of antimony in the Western world [14][15]. - The company is well-positioned to advance this discovery with a large drill program planned through Q3 2025 [16].