Core Points - Braemar Hotels & Resorts Inc. declared a quarterly cash dividend of $0.05 per diluted share for its common stock for Q3 2025, equating to an annual rate of $0.20 per share, payable on October 15, 2025 [1] - The Board also declared a quarterly cash dividend of $0.3438 per diluted share for the 5.5% Series B Cumulative Convertible Preferred Stock, payable on October 15, 2025 [2] - A quarterly cash dividend of $0.5156 per diluted share was declared for the 8.25% Series D Cumulative Preferred Stock, also payable on October 15, 2025 [3] - Monthly cash dividends were declared for the Series E Redeemable Preferred Stock at $0.15625 per share, with payments scheduled for August 15, September 15, and October 15, 2025 [4] - For the Series M Redeemable Preferred Stock, monthly dividends of $0.17917, $0.17708, and $0.17500 per share were declared, with similar payment schedules [5][6][7] - As of June 30, 2025, there were 13,391,250 shares of Series E Redeemable Preferred Stock and 1,420,421 shares of Series M Redeemable Preferred Stock issued and outstanding [8]

Core Viewpoint - Upexi, Inc. has announced two significant capital-raising initiatives: an Equity Offering and a Note Offering, aimed at funding its business operations and expanding its cryptocurrency portfolio, particularly in Solana assets [1][3][6]. Equity Offering - The company has entered into securities purchase agreements for the sale of 12,457,186 shares of common stock at a price of $4.00 per share, generating approximately $50 million in gross proceeds before expenses [1][2]. - The closing of the Equity Offering is expected around July 14, 2025, pending customary closing conditions [2][5]. - Proceeds from the Equity Offering will be used for business operations, working capital, and to support the company's Solana treasury strategy [2][6]. Note Offering - Concurrently, Upexi has entered into agreements for the purchase of Convertible Notes with an aggregate principal amount of approximately $150 million, collateralized by Solana (SOL) [3][4]. - The Convertible Notes carry a 2.0% interest rate, payable quarterly, with a fixed conversion price of $4.25 per share and a maturity of 24 months [4][5]. - The closing of the Note Offering is anticipated around July 16, 2025, also subject to customary closing conditions [5]. Cryptocurrency Strategy - Upon closing the Note Offering, the company expects to hold approximately 1.65 million SOL, more than doubling its previously disclosed balance of 735,692 SOL [6]. - The net proceeds from the Equity Offering will be allocated to acquiring additional SOL in the coming weeks [6]. Company Overview - Upexi, Inc. specializes in the development, manufacturing, and distribution of consumer products and has diversified into the cryptocurrency sector [9].

$5 million upfront with up to an additional $4.9 million of potential aggregate gross proceeds upon the exercise in full of short-term warrants Boston, July 07, 2025 (GLOBE NEWSWIRE) -- Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NPCLW), a digital private capital markets ecosystem, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of 714,286 shares of common stock at a purchase price of $7.00 per share. In ...

Core Insights - Bank of America (BAC) plans to increase its quarterly common stock dividend by 7.7% to 28 cents per share starting in the third quarter of 2025 after passing the Federal Reserve's 2025 stress test [1][10] - All 22 banks tested in the stress test passed, with the scenario being less severe than the previous year [1] Financial Performance and Capital Deployment - The stress test modeled a 10% unemployment rate, a 33% drop in home prices, a 30% decline in commercial real estate prices, an 8% contraction in GDP, and a 50% equity market decline, resulting in aggregate simulated losses exceeding $550 billion [2] - BAC's preliminary stress capital buffer (SCB) is expected to improve by 70 basis points to 2.5%, with a CET1 minimum requirement of 10% effective October 1, 2025 [3] - If the Fed's proposed changes to the SCB calculation are adopted, BAC's SCB would be 2.7% and its CET1 minimum requirement would be 10.2% effective January 1, 2026 [3] - As of March 31, 2025, BAC had total debt of $721.9 billion and cash and cash equivalents of $273.6 billion, indicating a strong liquidity position [5] Dividend and Share Repurchase Plans - Following the 2024 stress test, BAC had previously increased its quarterly dividend by 8.3% to 26 cents per share, with a history of dividend increases over the past years [4] - BAC has a share repurchase plan with $14.4 billion remaining as of March 31, 2025, supporting continued capital returns to shareholders [10] Peer Comparison - JPMorgan (JPM) plans to increase its quarterly common stock dividend by 7.1% to $1.50 per share for the third quarter of 2025 and has authorized a $50 billion share repurchase program [6] - Morgan Stanley (MS) will increase its quarterly dividend from 92.5 cents to $1.00 and has reauthorized a multi-year share repurchase program of up to $20 billion [8] Valuation and Earnings Estimates - BAC shares have gained 9.6% year-to-date, compared to the industry's 18% growth [9] - BAC trades at a price-to-tangible book ratio of 1.82, below the industry average of 2.85 [12] - The Zacks Consensus Estimate for BAC's earnings indicates year-over-year growth rates of 11.9% for 2025 and 16.7% for 2026, with slight downward revisions in estimates over the past week [15]

MIAMI BEACH, Fla., June 30, 2025 (GLOBE NEWSWIRE) -- The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has made the following distribution pursuant to the Fund’s Managed Distribution Policy (the “Policy”): Declaration DateEx-DateRecord DatePayment DatePer Share05/09/202505/23/202505/23/202506/30/2025$0.2325 The distribution for stockholders has been paid in cash or shares of the Fund’s common stock at the election of stockholders. The total amount of cash dist ...

Core Viewpoint - Abacus Global Management, Inc. plans to conduct an exchange offer and consent solicitation for its outstanding public and private placement warrants, allowing holders to exchange warrants for shares of common stock [1][2]. Group 1: Exchange Offer Details - Each outstanding warrant is exercisable for one common share at a price of $11.50 per share [2]. - The company intends to offer 0.23 shares of common stock in exchange for each outstanding warrant tendered [2]. - The company will also solicit consents to amend the Warrant Agreement, allowing for an exchange ratio of 0.207 shares per warrant, which is 10% less than the initial offer [2]. Group 2: Regulatory and Procedural Aspects - The company expects to commence the Offer after filing a Form S-4 registration statement detailing the terms of the Offer [3].

HOUSTON, TX, June 18, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE American: HUSA) (the “Company”) today announced that it has entered into a definitive agreement with an institutional investor (the “SPA”) for the purchase and sale of an aggregate of 223,762 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $10.60 per share (or pre-funded warrant in lieu thereof) in a registered direct offering (the “Offering”). The aggregate gross proceeds to the Compan ...

Groupon Announces $244 Million Financing Transaction June 18, 2025 7:30 AM EDT | Source: Groupon Chicago, Illinois--(Newsfile Corp. - June 18, 2025) - Groupon, Inc. (NASDAQ: GRPN) announced that it has entered into privately negotiated agreements with certain of the holders (the "Offering Participants") of its existing (a) 1.125% Convertible Senior Notes due 2026 (the "2026 Notes") and (b) 6.25% Convertible Senior Secured Notes due 2027 (the "2027 Notes") to (i) exchange an aggregate principal amount of $20 ...

Summary of Prospect Capital Corporation's Extraordinary General Meeting Company Overview - **Company**: Prospect Capital Corporation (PSEC) - **Meeting Date**: June 17, 2025 - **Key Participants**: - Isaac (President, COO, and Director) - Kristin Van Daske (CFO and Secretary) - Geraldine Lipman (Representative of Quinity Trust Company) - John Butcher (Representative of EQ Fund Solutions, Inspector of Election) [1][2] Core Proposal - **Proposal**: Authorization for the corporation to sell shares of its common stock over the next twelve months at prices below the current net asset value per share, subject to conditions: - The number of shares sold on any given date must not exceed 25% of the outstanding common stock immediately prior to the sale [2][9]. Voting Process - **Quorum**: A majority of shares represented at the meeting constituted a quorum, with 320,175,728 shares present out of a total of 516,682,118 shares entitled to vote [5][6]. - **Voting Results**: - Total votes for the proposal (including affiliated and unaffiliated shares): 261,473,100 votes for, 49,032,813 votes against, and 9,669,784 abstentions. - Total votes for the proposal (excluding affiliated shares): 138,126,815 votes for, 49,032,813 votes against, and 9,669,784 abstentions [10][11]. Approval of Proposal - The proposal was declared duly adopted and approved based on the voting results [11]. Additional Notes - The meeting included a formal business segment followed by a question-and-answer session, which concluded without any questions from stockholders [12]. - The meeting was adjourned after thanking the participants and teams involved in the process [12].

Castellum Announces Closing of $5.0 Million Public Offering of Common Stock and Warrants Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM) today announced the closing of its previously announced public offering of 4,166,667 Units at a public offering price of $1.20 per Unit - www.castelumus.com VIENNA, Va., June 16, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused o ...