Houston, TX, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Talon Capital Corp. (the “Company”) announced today that, commencing on or about Wednesday, October 8, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated are expected to trade on the Nasdaq Global Market (“Nasdaq”) under the symbols “TLNC” and “TLNCW”, respectively. Any units not separate ...

Core Viewpoint - HCM III Acquisition Corp. will allow holders of its initial public offering units to separately trade Class A ordinary shares and warrants starting September 22, 2025 [1] Company Overview - HCM III Acquisition Corp. is a blank check company aimed at executing mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [2] - The company intends to focus on completing a business combination with an established business of scale that is poised for continued growth and led by a highly regarded management team [2] Management Team - The management team is led by Shawn Matthews as Chairman and CEO, and Steven Bischoff as President and CFO [3] - The Board of Directors includes Richard Donohoe, Craig Goos, and Jacob Loveless [3]

Core Viewpoint - B. Riley Financial, Inc. has entered into a privately negotiated exchange agreement that will reduce its total outstanding debt by approximately $46 million and eliminate more than $100 million in 2026 maturities [1][3]. Group 1: Debt Exchange Agreement - The agreement involves the exchange of approximately $139 million in outstanding Senior Notes for $93 million in newly issued 8.00% Senior Secured Second Lien Notes due January 1, 2028 [2]. - The outstanding Senior Notes include $30 million in March 2026 notes, $75 million in December 2026 notes, and $35 million in January 2028 notes [2]. - The company is also issuing warrants to the investor to purchase approximately 372,000 common shares at an exercise price of $10.00 per share, exercisable for seven years [2]. Group 2: Management Commentary - Bryant Riley, Chairman and Co-CEO, stated that the company has made significant progress in addressing its capital structure, negotiating three bond exchanges to reduce total outstanding debt by approximately $93 million [3]. - The current exchange is noted as the largest to date and represents a significant reduction in near-term debt, marking an important step forward for the company [3]. - The company plans to opportunistically utilize the remaining capacity under its Senior Secured Second Lien facility to further improve its balance sheet [3]. Group 3: Company Overview - B. Riley Financial is a diversified financial services company that provides tailored solutions across various sectors, including investment banking, institutional brokerage, and financial consulting [5]. - The company leverages cross-platform expertise to deliver collaborative solutions at every stage of the business life cycle [5].

Core Viewpoint - B. Riley Financial, Inc. has entered into a privately negotiated exchange agreement with an institutional investor, which will reduce the company's total outstanding debt by approximately $12 million [1][2]. Debt Exchange Details - The investor will exchange approximately $22 million in outstanding Senior Notes for $10 million in newly issued 8.00% Senior Secured Second Lien Notes due January 1, 2028 [2]. - The company is also issuing warrants to the investor for approximately 40,000 common shares at an exercise price of $10.00 per share, which are exercisable for a period of seven years from the issuance date [2]. Management Commentary - Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, stated that this exchange is a step forward in strengthening the company's capital structure and that the company will continue to utilize its Senior Secured Second Lien facility for further transactions to improve its balance sheet [3]. Company Overview - B. Riley Financial is a diversified financial services company that provides tailored solutions across various sectors, including investment banking, institutional brokerage, private wealth management, and corporate restructuring [5]. - The company aims to deliver collaborative solutions at every stage of the business life cycle and opportunistically invests to benefit its shareholders [5].