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Finance of America Companies Inc. (NYSE: FOA) issued 50,000 Series A convertible perpetual preferred shares and reclassified its Class B common stock to grant each holder one vote per share, a move that sharpens governance and adds a fresh equity tranche. Investors will watch …
The debate over whole life insurance escalated as financial expert Dave Ramsey condemned agents promoting these policies as safeguards against economic collapse. He argued that agents leverage fear of a financial crisis to justify commissions that can be up to 20 times higher than …
Hashdex Commodities Trust will liquidate its Bitcoin ETF, shuttering operations amid a backdrop of financial struggles. As of July 30, 2026, the fund's net assets stood at approximately $14.7 million, which the trust deemed insufficient for sustainable management and ongoing operations. This decision comes …
The Term Loan B is set to mature in July 2033, with current pricing options structured at SOFR plus a margin of 2.00%, aligning with industry standards for such instruments. The revolving credit facility is established to support ongoing operational financing, maturing in July …
India plans to raise as much as $3.3 billion by divesting a 6.5% stake in Life Insurance Corporation (LIC) at an initial price of ₹382 per share, representing a 10% discount. This significant fundraising move is expected to impact market sentiment and trigger a …
Crawford & Company posted a second‑quarter net income of $13.4 million, a 73% jump from $7.8 million in the comparable period, while revenue before reimbursements steadied at $321.4 million. Strong performance in the Broadspire and International segments drove earnings growth, offsetting a modest dip …
Investors are closely monitoring the Dow and S&P 500 as both indices flirt with all-time highs, driven by easing inflation concerns that have boosted market confidence. Economic optimism continues to rise, with analysts suggesting the Federal Reserve's recent stance may allow for extended growth …
Fidelity Private Credit Company finalized a merger on July 31, 2026, absorbing Fidelity Private Credit Company LLC and rebranding the surviving entity under its name. The transaction converted each unit of the acquired fund into new units of the combined fund at an exchange …
Alzamend Neuro (NASDAQ: ALZN) closed a $7.5 million sale of 7,500 Series D convertible preferred shares, establishing a $25 million financing ceiling. The deal gives the company immediate capital to fund research while preserving flexibility for up to $15 million in later tranches. However, …
The company’s board swiftly filled the gap by promoting its secretary, treasurer and director, Tong Wu, to serve as interim CFO at no extra compensation.
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