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Mogo Provides Enhanced Terms to Proposed Convertible Debenture Amendments

PRNewswireMay 9, 202015 min
Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, announced today that it has provided enhanced terms to the amendments to its 10.0% convertible senior secured debentures due May 31, 2020 (TSX: MOGO.DB) (the “Convertible Debentures”) to be considered at the meeting of holders of the Convertible Debentures (“Convertible Debentureholders”) to be held on May 22, 2020 (the “Meeting”). Based on feedback from Convertible Debentureholders, the Company has announced revised terms to the originally proposed amendments....

Mogo Provides Business Updates

PRNewswireApril 28, 202014 min
Mogo Inc. (TSX: MOGO) (NASDAQ: MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, today provided an update on its business performance and measures the Company is taking in response to the ongoing COVID-19 pandemic. “Like many companies, we’ve had to quickly adapt and make some difficult but necessary decisions as a result of the emerging effects of the coronavirus. I’m proud of how our team has managed the transition and the tremendous commitment they...

Impac Mortgage Holdings, Inc. Announces Business Update

BusinessWireApril 17, 202012 min
Impac Mortgage Holdings, Inc. (N On March 30, 2020, the Company announced that it had instituted a temporary suspension of all lending activity. While mortgage markets may appear to be normalizing, the industry, most acutely for non-bank mortgage originators and servicers, continues to manage to the uncertainties of the various initiatives promulgated by the U.S. Federal Government, the Federal Reserve and other state and local governmental and quasi-governmental agencies relating to economic stimulus, mortgage principal...

CVB Financial Corp. Announces Appointment of David A. Brager as new CEO

BusinessWireFebruary 20, 202019 min
CVB Financial Corp. (NASDAQ:CVBF) and its principal subsidiary, Citizens Business Bank (together, “the Company”), announced that the Company’s Board of Directors has chosen David A. Brager to be the organization’s next Chief Executive Officer. Mr. Brager, who currently serves as Executive Vice President, Sales Division Manager, will assume the role on March 16, 2020 upon the scheduled retirement of the Company’s current President and CEO, Christopher D. Myers. Concurrently, Mr. Brager is being appointed to...

REPAY Announces the Acquisition of Ventanex

BusinessWireFebruary 11, 202013 min
Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced the acquisition of Ventanex for up to $50 million, of which $36 million was paid at closing. The remaining $14 million may become payable upon the achievement of performance growth targets. The closing of the acquisition was financed with a combination of cash on hand and new borrowings under REPAY’s existing credit facility. As part of the financing for the...

Aluf Holdings, Inc. to Acquire Two Additional Next Gen Tech Companies

PRNewswireDecember 11, 20198 min
Aluf Holdings, Inc. (“AHIX”) (“the Company”) (OTC PINK: AHIX) today announced the execution of non-binding Letters of Intent to acquire 100% of the outstanding stock of two privately-held companies for consideration consisting of cash, seller debt, and Aluf Holdings equity. This puts the Company at a total of four acquisitions, including Aluf’s existing CSPA to acquire a company, along with the recent acquisition of COLOTRAQ. Fintech News Proposed Transaction Highlights The Terms of the Letters...

SS&C Completes Acquisition of Algorithmics

FTB News DeskDecember 3, 20194 min
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the completion of the acquisition of  Algorithmics and related assets from IBM. The addition of Algorithmics will extend SS&C’s risk analytics and regulatory offering. Supported by a global team of risk experts based in all major financial centers, Algorithmics’ solutions and technology address market, credit, and liquidity risk, as well as capital management. Algorithmics’ cloud-based technology will add micro-services within SS&C’s platform. The acquisition adds more than 200 clients, 350...
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