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Umicore - Transparency notification by BlackRock, Inc.
Globenewswire· 2025-06-19 16:30
Transparency notification byBlackRock, Inc. In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by BlackRock, Inc. that it has crossed the legal threshold of 3% for the direct voting rights downwards on 11 June 2025. The total holding of direct voting rights and equivalent financial instruments of BlackRock, Inc. stands at 4.46% on 11 June 2025. Summary of the move: Date on which the threshold was crossedDate of notificationDirect vo ...
Wix Acquires Base44 to Boost AI-Driven Intent-Based Software Development
ZACKS· 2025-06-19 14:01
Key Takeaways WIX acquired AI startup Base44 to power no-code, chat-based software development capabilities. The $80M deal supports WIX's shift toward intent-driven digital creation and expands its AI portfolio. Base44 will operate as a distinct unit, with its tech aiding scalability and adoption via Wix's platform.Wix.com Ltd. (WIX) recently acquired Base44, an innovative AI-powered platform that empowers users to build fully functional custom software solutions using natural language – no coding require ...
Wix Further Expands into Vibe Coding with Acquisition of Base44, a Hyper-Growth Startup that Simplifies Web and App Creation with AI
Globenewswire· 2025-06-18 13:00
Base44 delivers effortless, code-free digital creation through an intuitive, conversational AI experience, which is expected to expand Wix’s reach to new audiences worldwide NEW YORK-- Today Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally1, announced its acquisition of Base44, an AI-powered platform that enables anyone to create fully-functional, custom software solutions and applications using natural language, without the need for traditional coding. The acquisition adds a p ...
Portman Ridge Finance Corporation Announces Corporate Rebranding, New Monthly Base Distribution, and Value Creation Initiatives
Globenewswire· 2025-06-17 20:05
Core Points - Portman Ridge Finance Corporation will be renamed to BCP Investment Corporation and will trade under the new ticker symbol "BCIC" following the merger with Logan Ridge Finance Corporation [1][2] - The company plans to transition from quarterly base distributions to monthly distributions starting in 2026, while maintaining the potential for quarterly supplemental distributions [3] - The company, along with its management and affiliates, intends to acquire up to 20% of its outstanding common stock over the next 24 months if shares trade below 80% of net asset value (NAV) [4] Company Initiatives - The rebranding to BCP Investment Corporation reflects the company's integration into the BC Partners Credit Platform, which manages nearly $9.0 billion in assets [2] - The transition to monthly distributions is expected to enhance liquidity and be valued by investors, with supplemental distributions approximating 50% of incremental net investment income [3] - The company has authorized a stock repurchase program of up to $10 million from March 12, 2025, to March 31, 2026, to address the discount to NAV [4] Management Commentary - The President and CEO of Portman Ridge emphasized that the rebranding signifies the company's importance within the BC Partners Credit Platform and the commitment to its success [5] - The management remains focused on aligning interests with shareholders and enhancing long-term value creation through these initiatives [6]
The Real Problem With Silicon Valley
20VC with Harry Stebbings· 2025-06-17 14:01
I bought into the whole hook, line, and sinker of the entire problem in my opinion of Silicon Valley. What is that problem. Losing focus of what you're hired to do and paying more attention to the lifestyle that comes along with being a money manager and the circles that you roll in and about the deals that you're doing and the money that you're managing versus at the end of the day, the actual value you're creating for your people who have trusted you with their capital and making a difference for your und ...
NEVADA CANYON COMPLETES SALE OF SWALES PROPERTY
Globenewswire· 2025-06-17 13:00
Reno, Nevada, June 17, 2025 (GLOBE NEWSWIRE) -- Nevada Canyon Gold Corp. (OTCQX Markets: NGLD) (The “Company” or “Nevada Canyon”) is pleased to announce the execution of an Asset Purchase Agreement ("APA") with Metals One Nevada Inc., a wholly owned subsidiary of Metals One Plc. (“Metals One”) for the Swales Gold Property Exploration Lease and Option to Purchase Agreement (the "Swales Lease"), located in Elko County, Nevada. Pursuant to the APA between Nevada Canyon and Metals One, Metals One has acquired t ...
Aeries Technology (AERT) Appoints Eli Mendoza as Chief Growth & Strategy Officer to Accelerate Private Equity-Focused Expansion
Newsfile· 2025-06-17 12:00
Aeries Technology (AERT) Appoints Eli Mendoza as Chief Growth & Strategy Officer to Accelerate Private Equity-Focused Expansion Former Siris Capital COO to lead AI-driven transformation and global scale-up for portfolio value creation June 17, 2025 8:00 AM EDT | Source: Aeries Technology, Inc. New York, New York--(Newsfile Corp. - June 17, 2025) - Aeries Technology, Inc. (NASDAQ: AERT) ("Aeries" or the "Company"), a global leader in AI-enabled value creation, business transformation, and Global Capability C ...
SURGERY PARTNERS, INC. and Bain Capital Conclude Discussions
Globenewswire· 2025-06-17 12:00
Board reaffirms its confidence in the Company's long-term growth prospects; Company reiterates full-year 2025 financial guidance Company expects to host an Investor Day in the second half of 2025 to discuss its future growth plans and long- term outlook -- About Surgery Partners Headquartered in Brentwood, Tennessee, Surgery Partners is a leading healthcare services company with a differentiated outpatient delivery model focused on providing high-quality, cost-effective solutions for surgical and related an ...
Findell Capital Releases Presentation on Oportun Financial
Prnewswire· 2025-06-16 20:37
Visit www.OpportunityAtOportun.com to Download the PresentationNEW YORK, June 16, 2025 /PRNewswire/ -- Findell Capital Partners, LP, (together with its affiliates, "Findell," "we" or "us") one of the largest stockholders of Oportun Financial Corporation (NASDAQ: OPRT) ("Oportun" or the "Company"), today released an investor presentation highlighting the urgent need for additional independence and consumer finance industry expertise in the Company's boardroom.In the presentation, Findell outlines what it see ...
Umicore - Transparency notifications by BlackRock, Inc.
Globenewswire· 2025-06-13 16:30
Transparency notifications byBlackRock, Inc. In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by BlackRock, Inc. that it has successively crossed the legal threshold of 3% for the direct voting rights downwards on 5 June 2025 and then upwards on 10 June 2025. The total holding of direct voting rights and equivalent financial instruments of BlackRock, Inc. stands at 4.53% on 10 June 2025. Summary of the moves: Date on which the thr ...