AnthiaCumming Vista Outdoor Inc. (NYSE:VSTO) clarified on Thursday that it decided to separate Revelyst and The Kinetic Group for the purpose of optimizing both businesses and unlocking additional value for stockholders. Fundamentally, the board believes the value of Revelyst is not yet captured by Vista Outdoor’s (VSTO) stock price today,Continue Reading
Brussels, Belgium, July 10th, 2024, Chainwire SKALE is enhancing scalability and efficiency for over 10 million monthly active users, solidifying its position as one of the world’s most efficient blockchains. SKALE, the gas-less EVM-compatible modular blockchain network, today launched the Pacifica V3 upgrade which accelerates block mining speed by 108%Continue Reading
KLDiscovery (OTCPK:KLDI) on Monday announced that it has signed a transaction support agreement with debenture holders, term loan lenders, revolving credit facility lender, and largest shareholder to strengthen balance sheet and reduce debt, positioning the company to execute its long-term strategic plan Under the agreement, KLDiscovery’s outstanding convertible notes willContinue Reading
Identiv (NASDAQ:INVE) on Tuesday announced that its stockholders approved the asset sale transaction with Vitaprotech, a security solutions provider. The company sought stockholder approval of the asset sale. Approximately 96% of shares voted were voted ‘FOR’ the asset sale proposal. The transaction remains on track to close in the thirdContinue Reading
Justin Sullivan/Getty Images News Life Time Group Holdings (NYSE:LTH) announced on Monday that it closed on a sale-leaseback transaction for two properties, totaling $90 million in gross proceeds. The company noted that the transaction brings its total gross proceeds from sale-leasebacks to $130 million year-to-date. Life Time (LTH) is alsoContinue Reading
