finance
Search documents
Mushrooms, Inc. (OTC: MSRM) Signs Share Exchange Agreement to Acquire SecurCapital Corp
Globenewswire· 2026-01-29 14:00
Core Viewpoint - Mushrooms, Inc. has announced a Share Exchange Agreement to acquire SecurCapital Corp, a logistics and finance solutions provider, in an all-stock transaction, with the closing expected in early March 2026, pending regulatory approvals and customary conditions [1][2]. Company Overview - Mushrooms, Inc. is a U.S.-based public company that will operate as SecurCapital Corp post-acquisition, aligning its public market identity with its logistics and supply chain focus [9]. - SecurCapital Corp specializes in supply chain logistics and finance solutions, primarily serving North American companies and focusing on international services [3][10]. Transaction Details - The acquisition involves Mushrooms, Inc. issuing common shares to SecurCapital's shareholders in exchange for 100% of SecurCapital's equity, with a closing period of approximately 50 days [6]. - The transaction is subject to customary closing conditions and regulatory approvals [2][6]. Management and Strategic Direction - Stephen Russell, CEO of SecurCapital, will become the CEO of Mushrooms, Inc. post-transaction, while continuing to lead SecurCapital as a wholly owned subsidiary [4]. - The acquisition is part of a growth strategy that includes planned expansions into new U.S. markets and Southeast Asia, focusing on air-freight and trade finance [6]. Financial Information - SecurCapital's portfolio companies are reported to generate approximately $10 million in trailing twelve-month revenue based on unaudited interim financial information [3]. Corporate Actions - Following the acquisition, Mushrooms, Inc. plans to change its corporate name to SecurCapital Corp and will submit a corporate action request to FINRA for a new trading symbol [7]. - Certain legacy biotechnology assets and liabilities associated with Mushrooms, Inc. will be separated to focus on SecurCapital's logistics operations [8].
Paylocity announces Q2 FY26 earnings conference call
Globenewswire· 2026-01-15 21:05
Core Viewpoint - Paylocity Holding Corporation has scheduled a conference call to discuss its second quarter fiscal 2026 results on February 5, 2026, at 4:00 pm Central Time [1]. Group 1: Conference Call Details - A live webcast of the conference call will be available on the Company's "Investor Relations" page [2]. - Dial-in details for the call can be accessed through a provided link [2]. - A replay of the call will be archived via webcast on the Company's website [2]. Group 2: Company Overview - Paylocity is headquartered in Schaumburg, IL, and is a provider of HR, finance, and IT software solutions through a unified platform [3]. - The company was founded in 1997 and has been publicly traded since 2014 [3]. - Paylocity's product suite aims to automate HR and payroll processes, attract and retain talent, and foster workplace culture [3]. - The company is recognized for its unique culture and has been consistently rated as one of the best places to work [3].
Paylocity announces Q1 FY26 earnings conference call
Globenewswire· 2025-10-09 20:05
Core Viewpoint - Paylocity Holding Corporation has scheduled a conference call to discuss its first quarter fiscal 2026 results on November 4, 2025, at 4:00 pm Central Time [1] Group 1: Conference Call Details - The conference call will be accessible via a live webcast on the Company's "Investor Relations" page [2] - Dial-in details for the call will be provided through a specific link [2] - A replay of the call will be available and archived via webcast on the Company's website [2] Group 2: Company Overview - Paylocity is a leading provider of cloud-based HR, finance, and IT solutions, headquartered in Schaumburg, IL [3] - The company was founded in 1997 and has been publicly traded since 2014 [3] - Paylocity offers a unified platform that automates HR and payroll processes, helping businesses attract and retain talent [3] - The company is recognized for its unique culture and is consistently rated as one of the best places to work [3]
X @Herbert Ong
Herbert Ong· 2025-10-01 00:48
RT Raj Jegannathan (@r_jegaa)@Tesla Customers placing an order now will be given an option to finance when it’s closer for delivery. ...
Paylocity Holding Corporation (PCTY) Announces Multi-Year Sponsorship with Chicago Bulls; Citizens JMP Reaffirms ‘Market Outperform’ Rating
Yahoo Finance· 2025-09-10 08:53
Core Insights - Paylocity Holding Corporation (PCTY) is facing challenges, including a 12% year-to-date decline and competitive pressures from acquisitions in the industry, notably Thoma Bravo's $12.3 billion acquisition of Dayforce [2][4] - Citizens JMP has reaffirmed a 'Market Outperform' rating for PCTY with a price target of $270, highlighting the company's strong market position and growth potential despite current challenges [2] - PCTY has entered a multi-year sponsorship with the Chicago Bulls, becoming the team's Official HCM Software Partner, which will enhance its brand visibility and community engagement [3] Company Overview - Paylocity provides cloud-based HR, finance, and IT solutions aimed at automating processes and enhancing workplace culture, which helps businesses attract, retain, and empower employees [4] - The company is currently listed among stocks recommended for sale, indicating potential concerns regarding its investment attractiveness compared to other sectors, particularly AI stocks [4][5]