Donut chain Krispy Kreme expects to raise between $ 560 million and $ 650 million in its Initial Public Offering (IPO) and you can purchase shares of the company when they are listed on the Nasdaq index.
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Warren Buffett 'broke' Nasdaq: system is unable to record high Berkshire Hathaway share price
by Entrepreneur en Español • • 0 Comments
Warren Buffett’s Berkshire Hathaway shares have Nasdaq’s computers in check, as their price reached and exceeded the limit figure that its algorithm can record.
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Youngevity Announces Reverse Stock Split
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (OTCQX: YGYI), a leading omni-direct lifestyle company, today announced that the Company has filed a Certificate of Amendment to its Certificate of Incorporation to implement a 1 for 20 reverse stock split of the Company’s authorized, issued, and outstanding common stock in preparation for its proposed listing of its common stock on the NASDAQ Capital Market.
The reverse split was approved by the Company’s stockholders on February 23, 2017, followed by a unanimous vote by the Board of Directors.
The reverse stock split will become effective with the Financial Industry Regulatory Industry (FINRA), and in the marketplace on June 7, 2017 whereupon the shares will begin trading on a split adjusted basis under the symbol “YGYID”, with a “D” to be added for 20 trading days to signify that the reverse split has occurred.
After that time, the Company’s ticker symbol will once again be “YGYI.” Youngevity’s transfer agent, Fidelity Transfer, will act as exchange agent for the reverse split. Youngevity stockholders will receive forms and notices to exchange their existing shares for new shares from the exchange agent or their brokers. The NASDAQ listing, if approved, is expected to facilitate greater liquidity in the stock as well as enable broader
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Ominto Approved For Uplisting To NASDAQ Capital Market
by Ted Nuyten • • 0 Comments
DubLi Network to benefit from Ominto’s NASDAQ listing:
Ominto, the parent company of DubLi Network and the global leader and pioneer in online Cash Back Shopping, announced it has been approved for uplisting to the NASDAQ Capital Market, the world’s largest and most respected stock exchange.
DubLi Network will benefit from Ominto’s NASDAQ listing, which will commence on March 20, 2017.
The company’s shares of common stock will continue to trade under the ticker symbol “OMNT.”
“Our listing on NASDAQ is a major corporate milestone for our company and a testament to the significant progress we have made over the past few years,”
stated Michael Hansen, Founder and CEO of Ominto and DubLi Network.
Ominto will join leading global technology companies on NASDAQ, an exchange with a market value of $10.1 trillion.
Mr. Hansen continued,
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The Carlyle Group To Acquire Blyth In $98 Million Deal
by Tina Williams • • 0 Comments
The Carlyle Group (NASDAQ: CG) and Blyth, Inc. (NYSE: BTH), a direct-to-consumer manufacturer and seller of candles and home fragrance products, today announced they have entered into a definitive agreement under which The Carlyle Group will acquire all of Blyth’s outstanding shares of common stock in a transaction valuing Blyth at $98 million, equating to $6.00 per share, which represents a premium of approximately 105 percent over the closing price of Blyth common stock on Friday, August 28, 2015 and a premium of 65 percent over Blyth’s 30-day average share price as of such date.
The transaction has been unanimously approved by Blyth’s board of directors and will be completed by means of a tender offer followed by a merger.
Under the terms of the definitive agreement, an affiliate of The Carlyle Group will commence
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Zinzino Listed On Nasdaq
by Ted Nuyten • • 0 Comments
Nasdaq announces that the trading in Zinzino AB (shortname: ZZ B) shares commenced today on First North at Nasdaq Stockholm.
Zinzino, previously listed at Aktietorget, belongs to the Consumer Goods sector and is the 43rd company to be admitted to trading on First North’s Nordic markets (Stockholm, Helsinki, Copenhagen and Iceland) in 2014.
Zinzino is one of the leading direct sales companies, represented in Sweden, Norway, Denmark, Finland, Estonia, Latvia, Lithuania, Iceland, The Faroes, Poland, The Netherlands and USA.
Zinzino markets and sells functional food and coffee. The functional food product line consists of the Balance products: oil, shakes, test and capsules.
The coffee product line consists of espresso machines, coffee, tea and accessories. Our business is characterized by high quality, closeness to the customer and focus on active product development. The products are marketed through direct sales.
The company has more than 60 employees and the main office is in Gothenburg, Sweden and also has an office in Florida, USA. The company owns a production company – Faun Pharma AS with 30 employees located in Vestby outside Oslo, Norway.
Zinzino Corporate Team