Stay updated with breaking news from Michael Nessim. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/PRNewswire/ -- Kingswood U.S., a network of wealth management firms that oversees more than $3 billion in client assets, today announced the successful...
/PRNewswire/ -- Kingswood U.S., a network of wealth management firms that oversees more than $2.4 billion in client assets, today announced the successful...
Share this article Share this article NEW YORK, May 27, 2021 /PRNewswire/ -- Kingswood Acquisition Corp. (the "Company") (NYSE: KWAC.U, KWAC and KWAC WS), a special purpose acquisition company, received written notification from The New York Stock Exchange ("NYSE") on May 25, 2021 that, because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the "Report") with the Securities and Exchange Commission ("SEC"), the Company does not comply with the continued listing requirements under Section 802.01E of the Listed Company Manual, which require...
Kingswood U.S. Names Michael Nessim CEO Nessim, president of Kingswood U.S. and CEO of Kingswood's SPAC, takes over the CEO duties of Derek Bruton, who has stepped down. Kingswood U.S. has named Michael Nessim, the firm’s president, its new CEO, replacing Derek Bruton, who said he was stepping down from the role last week. Kingswood spokesman Andrew Wang said Nessim will serve as both CEO and president on an ongoing basis. Nessim has been with Kingswood U.S., a hybrid wealth management firm with over $2 billion in assets under management, since its early formation as the domestic arm...
Investment firm Apollo Global Management also rumoured to be in the running New York-listed Kingswood Acquisition Corp is reportedly looking to merge with wealth solutions provider Lombard International. According to Sky News, the special purpose acquisition company (Spac) is among a number of bidders for Lombard International including Apollo Global Management. A Spac is a corporation formed for the sole purpose of raising investment capital through an initial public offering (IPO). When the Spac raises the required funds through an IPO, the money is held in a trust until the desired acquis...