Plan Corp News Today

BYND Cannasoft Enterprises Files for Offering of Units; Units Will Each Contain a Common Share, a Series A Warrant and Two Series B Warrants; Company says Israel Contactless Medical Cannabis... -February 29, 2024 at 06:13 am EST - MarketScreener

Adjusted EBITDA stands at $152.3 million, with potential medical cost savings of approximately $5.8 billion identified

Welsh, Carson, Anderson & Stowe (WCAS) announced earlier this month that it will acquire a majority ownership stake in LIBERTY Dental Plan Corp. LIBERTY, based in Irvine,...

After a period of astounding growth in the special purpose acquisition company (SPAC) market, FINRA recently joined the SEC in announcing further scrutiny of broker-dealers and their...

BRIEF-MultiPlan Reports Q1 Revenue Of $254.9 Mln Reuters 2 hrs ago * MULTIPLAN REPORTS FIRST QUARTER 2021 RESULTS AND PROVIDES 2021 GUIDANCE * Q1 REVENUE $254.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $248.5 MILLION * QTRLY EARNINGS PER SHARE $0.07 * SEES FY REVENUE $1.04 BILLION TO $1.1 BILLION * SEES Q2 REVENUE $260 MILLION TO $275 MILLION * SEES ADJUSTED EBITDA BETWEEN $750 MILLION AND $790 MILLION FOR 2021 * SEES Q2 ADJUSTED EBITDA BETWEEN $185 MILLION AND $200 MILLION * Q1 EARNINGS PER...

Summary Special purpose acquisition companies (“SPACs”), it seems, are everywhere.  SPACs have been around for decades, but use of a SPAC to take a company public without a traditional initial public offering (“IPO”) has recently exploded in popularity, especially in the first few months of 2021. One driver of the popularity of SPACs is the perception that they have lower liability risks than a traditional IPO.  But a closer look at SPAC transactions suggests that the liability risks ...

To embed, copy and paste the code into your website or blog: As the wave of SPAC IPOs and de-SPAC transactions continues to build, so too has the scrutiny of these transactions from the SEC and the shareholder plaintiff’s bar. On April 8, 2021, the SEC gave its clearest warning yet among a series of recent signals that it plans to intensify its review of de-SPAC transactions. Most recently, the SEC raised the possibility that statements in a de-SPAC transaction proxy statement fall within the...

Monday, April 5, 2021 Not far behind the dramatic increase in the use of special purpose acquisition companies (SPACs) is a corresponding increase in the number of shareholder lawsuits and increased activity at the US Securities and Exchange Commission (SEC). In recent days, Reuters reported that the SEC opened an inquiry seeking information on how underwriters are managing the risks involved in SPACs, [i] and the SEC’s Division of Corporation Finance (Corp Fin) and acting chief ac...