• Cohn & Dussi Attorneys Recognized by Super Lawyers For 2022
    January 3, 2023
    Cohn & Dussi LLC is proud to announce that three attorneys at the firm were recognized by Super Lawyers for 2022. William J. Delaney, Counsel at Cohn & Dussi, has been named to the Super Lawyers list for Bankruptcy every year since 2008. Only 5 percent of lawyers are named each year. The selection process includes independent research, peer nominations and peer evaluations by practice area.
  • Skyscend Capital Appoints Robert Zadek as its new President
    January 3, 2023
    Skyscend Capital Inc, an Atlanta-based financial services firm, announced today the appointment of Robert A. Zadek as President, effective January 1, 2023. Bob is a nationally recognized expert in factoring, reverse factoring, supply-chain finance, asset-based lending, purchase order financing, commercial loan documentation, trade finance and letters of credit, loan workouts, and bankruptcy.
  • Republic First Bancorp Announces New Leadership Team
    January 3, 2023
    Thomas (“Tom”) X. Geisel has been appointed Chief Executive Officer and President, and as a member of the Board of Directors (the “Board”), effective immediately. Mr. Geisel has a diverse financial services background, including leadership experience growing regional banks for more than twenty years – most recently as President, Corporate Banking, at Webster Bank (formally known as Sterling National Bank). Additionally, Michael (“Mike”) W. Harrington has been appointed Chief Financial Officer, effective immediately. Mr. Harrington’s background includes extensive experience in community banking and financial services – most recently as Chief Financial Officer of Bryn Mawr Trust.
  • Patrick Scatuorchio Joins Peapack Capital as Senior Vice President, Business Development Officer
    January 3, 2023
    Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) is proud to announce the appointment of Patrick Scatuorchio as Senior Vice President, Business Development at Peapack Capital, the equipment finance subsidiary of Peapack-Gladstone Bank. Working out of the organization’s Red Bank, New Jersey location, Mr. Scatuorchio joins Peapack-Capital’s team of experienced equipment finance and leasing professionals.
  • Evolv Technology Announces $75 Million in Non-Dilutive Debt Financing with Silicon Valley Bank
    January 3, 2023
    Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that it has closed a $75 million non-dilutive debt financing facility with Silicon Valley Bank, the bank of the world’s most innovative companies and investors.
  • Aspen Neuroscience Inks $40 Million Debt Deal with Silicon Valley Bank
    January 3, 2023
    Aspen Neuroscience, Inc., a private biotechnology company developing autologous cell therapies including the first iPSC-derived autologous neuron replacement treatment for Parkinson's disease (PD), has signed a $40 million credit facility with Silicon Valley Bank (SVB). Deal terms were not disclosed.
  • Clean Energy Announces Sustainability-Linked Financing With Riverstone Credit Partners to Fund RNG Growth
    January 3, 2023
    Clean Energy Fuels Corp. (Nasdaq: CLNE), the largest provider of the cleanest fuel for the transportation market, today announced that it entered into a four-year $150 million sustainability-linked senior secured term loan with Riverstone Credit Partners L.P. (“Riverstone Credit Partners”), a dedicated credit investment platform focused on energy, power, decarbonization, and infrastructure managed by Riverstone Holdings LLC (“Riverstone”).
  • Assembled Brands Announces a New $1.5MM Facility with Aura Bora
    January 3, 2023
    Assembled Brands is pleased to announce a new $1.5MM facility with Aura Bora, a craft sparkling water brand. Founded in 2020, Aura Bora is on a mission to create sparkling water with deeper, richer, aromatic flavors made from all-natural ingredients such as herbs, fruits, and flowers. Its products are made from natural and vegan ingredients without icky additives, such as citric acid.
  • PKF Clear Thinking’s Patrick Diercks Named Plan Administrator for Charming Charlie Holdings, Inc.
    January 3, 2023
    PKF Clear Thinking, LLC, the award-winning business advisory firm and subsidiary of PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, today announced that Patrick Diercks, a Partner of the Firm, has been named Plan Administrator of Charming Charlie Holdings, Inc.’s confirmed Plan of Liquidation, effective November 28, 2022.
  • Winston & Strawn Represents AlphaVest Acquisition Corp
    January 3, 2023
    Winston & Strawn is representing AlphaVest Acquisition Corp, a blank check company, in its initial public offering of 6,000,000 units at a price of $10.00 per unit. EarlyBirdCapital, Inc. is acting as sole bookrunning manager of the offering and Revere Securities is acting as co-manager of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 900,000 units at the initial public offering price to cover over-allotments, if any.
  • US Leading Bitcoin Miner Files for Chapter 11 Bankruptcy
    December 22, 2022
    US-based Core Scientific is the latest in the cryptocurrency market to file for bankruptcy. On Wednesday, the crypto miner said they have filed for Chapter 11 bankruptcy protection. The company is one of the leading publicly traded cryptocurrency mining companies in the US. This blow comes after the FTX Group's voluntary insolvency proceedings.
  • Second Circuit Determines Agent’s Mistaken Payment of Principal to Lenders Does Not Invoke “Discharge-For-Value” Exception to Restitution
    December 22, 2022
    On September 8, 2022, a three-judge panel in the United States Court of Appeals for the Second Circuit (the “Second Circuit”) reversed the United States District Court for the Southern District of New York (the “District Court”) when it determined that lenders of a syndicated loan facility to Revlon, Inc. (“Revlon”)1 who received an accidental and unintended payment from the loan agent of approximately $500 million dollars were not excused from returning a mistaken payment under New York’s “discharge-for-value” exception to restitution.2 The Second Circuit’s ruling clarifies application of the discharge-for-value rule and provides guidance to creditors on issues of notice.
  • Gatos Silver Reinstates and Extends $50M Revolving Credit Facility
    December 22, 2022
    Gatos Silver (NYSE:GATO) has extended the maturity date and re-established a credit limit of $50M in an amended and restated revolving credit facility with Bank of Montreal. -Gatos Silver (NYSE:GATO) has extended the maturity date and re-established a credit limit of $50M in an amended and restated revolving credit facility with Bank of Montreal. -The revolver includes an accordion feature providing up to an additional $25M of credit. -The revolver is available for general corporate purposes, working capital, acquisitions, and investments
  • AlphaVest Acquisition Corp Announces Pricing of $60 Million Initial Public Offering
    December 22, 2022
    AlphaVest Acquisition Corp (the “Company”) today announced the pricing of its initial public offering of 6,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Stock Market LLC (“Nasdaq”) and trade under the ticker symbol “ATMVU” beginning tomorrow, December 20, 2022. Each unit consists of one ordinary share and one right, entitling the holder thereof to receive one-tenth of one ordinary share upon consummation of an initial business combination. After the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “ATMV” and “ATMVR,” respectively. The offering is expected to close on December 22, 2022, subject to customary closing conditions.
  • FocalPoint Advises Exact Customer on its Strategic Investment from Gauge Capital
    December 22, 2022
    FocalPoint (“FocalPoint”), a division of B. Riley Securities, Inc., is pleased to have served as the exclusive financial advisor to Exact Customer LLC (“Exact Customer” or the “Company”) in connection with its strategic investment from Gauge Capital (“Gauge”). Exact Customer is a software-enabled, digital performance marketing agency focused on providing large average order value sales leads of high intent consumers to the home services market. Exact Customer utilizes first- and third-party data to aggregate and assess leads from multiple channels, including email, pay-per-click, and publishers.
  • BMO Employees Pledge Record-Breaking $31M to charitable partners in 2022
    December 22, 2022
    BMO employees have pledged more than $31 million to the United Way and thousands of other community organizations across North America, setting a new BMO record and exceeding the bank's annual Employee Giving Campaign target by $5 million. Since kicking off their annual campaign in late November, 88 per cent of BMO employees across North America came together to reach beyond and Boldly Grow the Good in business and life, by making donations to thousands of organizations. These donations will help address the disproportionate impacts felt more acutely by the most vulnerable in our society, and drive progress in a year which saw higher costs for basic life essentials.
  • Allego Expands Credit Facility to €400 Million, Securing Growth Capital Supporting its Significant Backlog
    December 21, 2022
    Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultrafast charging network, today announced that it has successfully expanded its credit facility by €230 million to €400 million. The new facility expires in December 2027. Societe Generale acted as structuring bank, and Societe Generale and Banco Santander served as the mandated lead arrangers and book runners on this facility.
  • Crescendo Asset Management, LLC’s CAM Alternative Capital Solutions, LLC Celebrates $200 Million in Facilities Closed in its First Year
    December 21, 2022
    Crescendo Asset Management, LLC (“CAM”) with its newly launched CAM Alternative Capital Solutions, LLC (“CAM ACS”), celebrates $200 million in facilities closed in its first year of business. CAM ACS (www.acsfund.com) provides invoice discounting, traditional factoring, supply chain finance, and asset-based lending, worldwide.
  • William Blair Continues Investment Banking Growth With Consumer and Retail Managing Director
    December 21, 2022
    William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, announced today that it has further expanded its investment banking team with the addition of William Kallop as a managing director in the firm’s consumer and retail group. Based in Chicago, Kallop will focus on clients across the consumer and retail sector, including consumer services, food and beverage, and enthusiast brands.
  • Titan Mining Extends Credit Facility Maturity Date
    December 21, 2022
    itan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces it has extended the maturity date of its US$40 million credit facility (the “Credit Facility”) with National Bank of Canada (“National Bank”). The maturity date of the Company’s revolving credit facility has been extended from December 6, 2023 to December 6, 2024. Concurrently, the guarantee provided by the Company’s Executive Chairman through Augusta Investments Inc. and its related entity was also extended to December 6, 2024.
  • Cohn & Dussi Attorneys Recognized by Super Lawyers For 2022
    January 3, 2023
    Cohn & Dussi LLC is proud to announce that three attorneys at the firm were recognized by Super Lawyers for 2022. William J. Delaney, Counsel at Cohn & Dussi, has been named to the Super Lawyers list for Bankruptcy every year since 2008. Only 5 percent of lawyers are named each year. The selection process includes independent research, peer nominations and peer evaluations by practice area.
  • Skyscend Capital Appoints Robert Zadek as its new President
    January 3, 2023
    Skyscend Capital Inc, an Atlanta-based financial services firm, announced today the appointment of Robert A. Zadek as President, effective January 1, 2023. Bob is a nationally recognized expert in factoring, reverse factoring, supply-chain finance, asset-based lending, purchase order financing, commercial loan documentation, trade finance and letters of credit, loan workouts, and bankruptcy.
  • Republic First Bancorp Announces New Leadership Team
    January 3, 2023
    Thomas (“Tom”) X. Geisel has been appointed Chief Executive Officer and President, and as a member of the Board of Directors (the “Board”), effective immediately. Mr. Geisel has a diverse financial services background, including leadership experience growing regional banks for more than twenty years – most recently as President, Corporate Banking, at Webster Bank (formally known as Sterling National Bank). Additionally, Michael (“Mike”) W. Harrington has been appointed Chief Financial Officer, effective immediately. Mr. Harrington’s background includes extensive experience in community banking and financial services – most recently as Chief Financial Officer of Bryn Mawr Trust.
  • Patrick Scatuorchio Joins Peapack Capital as Senior Vice President, Business Development Officer
    January 3, 2023
    Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) is proud to announce the appointment of Patrick Scatuorchio as Senior Vice President, Business Development at Peapack Capital, the equipment finance subsidiary of Peapack-Gladstone Bank. Working out of the organization’s Red Bank, New Jersey location, Mr. Scatuorchio joins Peapack-Capital’s team of experienced equipment finance and leasing professionals.
  • Evolv Technology Announces $75 Million in Non-Dilutive Debt Financing with Silicon Valley Bank
    January 3, 2023
    Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that it has closed a $75 million non-dilutive debt financing facility with Silicon Valley Bank, the bank of the world’s most innovative companies and investors.
  • Aspen Neuroscience Inks $40 Million Debt Deal with Silicon Valley Bank
    January 3, 2023
    Aspen Neuroscience, Inc., a private biotechnology company developing autologous cell therapies including the first iPSC-derived autologous neuron replacement treatment for Parkinson's disease (PD), has signed a $40 million credit facility with Silicon Valley Bank (SVB). Deal terms were not disclosed.
  • Clean Energy Announces Sustainability-Linked Financing With Riverstone Credit Partners to Fund RNG Growth
    January 3, 2023
    Clean Energy Fuels Corp. (Nasdaq: CLNE), the largest provider of the cleanest fuel for the transportation market, today announced that it entered into a four-year $150 million sustainability-linked senior secured term loan with Riverstone Credit Partners L.P. (“Riverstone Credit Partners”), a dedicated credit investment platform focused on energy, power, decarbonization, and infrastructure managed by Riverstone Holdings LLC (“Riverstone”).
  • Assembled Brands Announces a New $1.5MM Facility with Aura Bora
    January 3, 2023
    Assembled Brands is pleased to announce a new $1.5MM facility with Aura Bora, a craft sparkling water brand. Founded in 2020, Aura Bora is on a mission to create sparkling water with deeper, richer, aromatic flavors made from all-natural ingredients such as herbs, fruits, and flowers. Its products are made from natural and vegan ingredients without icky additives, such as citric acid.
  • PKF Clear Thinking’s Patrick Diercks Named Plan Administrator for Charming Charlie Holdings, Inc.
    January 3, 2023
    PKF Clear Thinking, LLC, the award-winning business advisory firm and subsidiary of PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, today announced that Patrick Diercks, a Partner of the Firm, has been named Plan Administrator of Charming Charlie Holdings, Inc.’s confirmed Plan of Liquidation, effective November 28, 2022.
  • Winston & Strawn Represents AlphaVest Acquisition Corp
    January 3, 2023
    Winston & Strawn is representing AlphaVest Acquisition Corp, a blank check company, in its initial public offering of 6,000,000 units at a price of $10.00 per unit. EarlyBirdCapital, Inc. is acting as sole bookrunning manager of the offering and Revere Securities is acting as co-manager of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 900,000 units at the initial public offering price to cover over-allotments, if any.
  • US Leading Bitcoin Miner Files for Chapter 11 Bankruptcy
    December 22, 2022
    US-based Core Scientific is the latest in the cryptocurrency market to file for bankruptcy. On Wednesday, the crypto miner said they have filed for Chapter 11 bankruptcy protection. The company is one of the leading publicly traded cryptocurrency mining companies in the US. This blow comes after the FTX Group's voluntary insolvency proceedings.
  • Second Circuit Determines Agent’s Mistaken Payment of Principal to Lenders Does Not Invoke “Discharge-For-Value” Exception to Restitution
    December 22, 2022
    On September 8, 2022, a three-judge panel in the United States Court of Appeals for the Second Circuit (the “Second Circuit”) reversed the United States District Court for the Southern District of New York (the “District Court”) when it determined that lenders of a syndicated loan facility to Revlon, Inc. (“Revlon”)1 who received an accidental and unintended payment from the loan agent of approximately $500 million dollars were not excused from returning a mistaken payment under New York’s “discharge-for-value” exception to restitution.2 The Second Circuit’s ruling clarifies application of the discharge-for-value rule and provides guidance to creditors on issues of notice.
  • Gatos Silver Reinstates and Extends $50M Revolving Credit Facility
    December 22, 2022
    Gatos Silver (NYSE:GATO) has extended the maturity date and re-established a credit limit of $50M in an amended and restated revolving credit facility with Bank of Montreal. -Gatos Silver (NYSE:GATO) has extended the maturity date and re-established a credit limit of $50M in an amended and restated revolving credit facility with Bank of Montreal. -The revolver includes an accordion feature providing up to an additional $25M of credit. -The revolver is available for general corporate purposes, working capital, acquisitions, and investments
  • AlphaVest Acquisition Corp Announces Pricing of $60 Million Initial Public Offering
    December 22, 2022
    AlphaVest Acquisition Corp (the “Company”) today announced the pricing of its initial public offering of 6,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Stock Market LLC (“Nasdaq”) and trade under the ticker symbol “ATMVU” beginning tomorrow, December 20, 2022. Each unit consists of one ordinary share and one right, entitling the holder thereof to receive one-tenth of one ordinary share upon consummation of an initial business combination. After the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “ATMV” and “ATMVR,” respectively. The offering is expected to close on December 22, 2022, subject to customary closing conditions.
  • FocalPoint Advises Exact Customer on its Strategic Investment from Gauge Capital
    December 22, 2022
    FocalPoint (“FocalPoint”), a division of B. Riley Securities, Inc., is pleased to have served as the exclusive financial advisor to Exact Customer LLC (“Exact Customer” or the “Company”) in connection with its strategic investment from Gauge Capital (“Gauge”). Exact Customer is a software-enabled, digital performance marketing agency focused on providing large average order value sales leads of high intent consumers to the home services market. Exact Customer utilizes first- and third-party data to aggregate and assess leads from multiple channels, including email, pay-per-click, and publishers.
  • BMO Employees Pledge Record-Breaking $31M to charitable partners in 2022
    December 22, 2022
    BMO employees have pledged more than $31 million to the United Way and thousands of other community organizations across North America, setting a new BMO record and exceeding the bank's annual Employee Giving Campaign target by $5 million. Since kicking off their annual campaign in late November, 88 per cent of BMO employees across North America came together to reach beyond and Boldly Grow the Good in business and life, by making donations to thousands of organizations. These donations will help address the disproportionate impacts felt more acutely by the most vulnerable in our society, and drive progress in a year which saw higher costs for basic life essentials.
  • Allego Expands Credit Facility to €400 Million, Securing Growth Capital Supporting its Significant Backlog
    December 21, 2022
    Allego N.V. (“Allego” or the “Company”) (NYSE: ALLG), a leading pan-European public electric vehicle fast and ultrafast charging network, today announced that it has successfully expanded its credit facility by €230 million to €400 million. The new facility expires in December 2027. Societe Generale acted as structuring bank, and Societe Generale and Banco Santander served as the mandated lead arrangers and book runners on this facility.
  • Crescendo Asset Management, LLC’s CAM Alternative Capital Solutions, LLC Celebrates $200 Million in Facilities Closed in its First Year
    December 21, 2022
    Crescendo Asset Management, LLC (“CAM”) with its newly launched CAM Alternative Capital Solutions, LLC (“CAM ACS”), celebrates $200 million in facilities closed in its first year of business. CAM ACS (www.acsfund.com) provides invoice discounting, traditional factoring, supply chain finance, and asset-based lending, worldwide.
  • William Blair Continues Investment Banking Growth With Consumer and Retail Managing Director
    December 21, 2022
    William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, announced today that it has further expanded its investment banking team with the addition of William Kallop as a managing director in the firm’s consumer and retail group. Based in Chicago, Kallop will focus on clients across the consumer and retail sector, including consumer services, food and beverage, and enthusiast brands.
  • Titan Mining Extends Credit Facility Maturity Date
    December 21, 2022
    itan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces it has extended the maturity date of its US$40 million credit facility (the “Credit Facility”) with National Bank of Canada (“National Bank”). The maturity date of the Company’s revolving credit facility has been extended from December 6, 2023 to December 6, 2024. Concurrently, the guarantee provided by the Company’s Executive Chairman through Augusta Investments Inc. and its related entity was also extended to December 6, 2024.
#3 -_ 1 (1)