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And the Securities and ExchangeCommission (SEC) is investigating the business. Learn More What is the SEC investigation about? According to news reports last month, the SEC has an ongoing "active investigation" into Roblox. The active SEC investigation involving Roblox is concerning.
At the beginning of August, the long-running Securities and ExchangeCommission (SEC) court case against Ripple (the company behind the XRP token) finally wrapped up, and it looks like the worst of XRP's regulatory headaches is over. The SEC claimed it was a security, while Ripple claimed it was a cryptocurrency.
Securities and ExchangeCommission (SEC) launched a lawsuit against Ripple Labs and some of its top executives in December 2020. billion of cash investments by creating a new security, which wasn't registered with the SEC as you would a new stock, bond, or convertible debt papers. billion today.
Despite assurances that the stock is on track to avoid being delisted, investors also continued to weigh the risk that the company's shares could be removed from the Nasdaq exchange. According to Bloomberg, the tech specialist is looking to raise operating capital by selling new stock and taking on debt. billion and $6 billion.
Securities and ExchangeCommission (SEC), giving investors its latest up-to-date numbers on how it looks post-merger. billion, with cash and debt levels roughly in balance (only about $70 million more debt than cash). The company just filed an amended 10-K annual report with the U.S. trailing earnings.
In case you missed it, institutional funds recently disclosed their latest equity holdings for the third quarter of the year in their 13F forms filed with the Securities and ExchangeCommission (SEC). Sirius has struggled in recent years as debt has piled up and paid subscribers have declined. Let's take a look.
In under two years, we have paid down over $8 billion of debt off our peak and significantly reduced interest expense, which, coupled with our improving EBITDA, has improved our leverage metrics tremendously. times net debt to EBITDA, closing in on our expectation to reach investment-grade leverage metrics in 2026. We achieved a 4.3
Securities and ExchangeCommission, including, but not limited to, those risks and uncertainties listed in the section entitled Risk Factors in our most recent annual report on Form 20-F. million in net cash, $90 million undrawn on our revolving credit facility, and no long-term debt. million in Q3 2023. in Q3 2023.
That's exactly what Canoo (NASDAQ: GOEV) has had to do in its Securities and ExchangeCommission (SEC) filings. By the book The SEC requires the leaders of public companies to realistically examine their businesses and make an assessment about their potential future. The outlook doesn't look good.
In addition, Wells Fargo paid a $35 million civil penalty to the Securities and ExchangeCommission (SEC). Excessive fees According to the SEC, each of the affected accounts was opened prior to 2014, and account holders continued to pay excessive fees through December 2022. In total, investors paid more than $26.8
There's also anticipation that the Securities and ExchangeCommission (SEC) is poised to finally approve spot Bitcoin exchange-traded funds. It's hard to know what the SEC will decide, but there's anticipation it will be positive.
Image source: Getty Images What happened The SEC has fined JPMorgan Chase & Co. $4 On Thursday, the SEC said JPMorgan accidentally deleted the records in the first quarter of 2018 as it was troubleshooting glitches. The commission has ordered JPMorgan to pay a fine. In 2021, the SEC fined JPMorgan subsidiary “J.P.
Exchange-traded funds (ETFs) are compelling investments well worth considering for your portfolio. They're very much like mutual funds, often encompassing a big bunch of securities and charging an expense ratio (fee), yet they trade like stocks, allowing you to buy or sell any time the market is open, from your brokerage account.
The latest sale is particularly interesting The Securities and ExchangeCommission (SEC) requires large shareholders -- investors owning more than 10% of a company's stock -- to report any trade within two business days. Although this helped curb inflation, it meant the banks took a loss on these securities.
Under New York Stock Exchange rules, stocks must maintain share prices of $1 or more, or risk getting delisted. Virgin Galactic currently has only $382 million left in the bank, net of debt. Hence the investors' knee-jerk reaction: selling Virgin Galactic stock on news of the reverse split. Why do companies reverse split?
Our press release was distributed this morning and furnished on Form 8-K with the Securities and ExchangeCommission. During the course of this call, we will make projections and certain other statements that may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Image source: Getty Images The Securities and ExchangeCommission (SEC) voted last week to change the regulations governing money market funds. Money market funds are a type of mutual fund that invest in low-risk, short-term debtsecurities, such as government bonds and commercial paper. This led to the U.S.
The token has benefited from the creation of spot Bitcoin exchange-traded funds (ETFs), lower interest rates, and a growing view that the token could be a hedge against inflation. MicroStrategy recently announced plans to raise $42 billion over the next three years, half through equity sales and half through debt.
Securities and ExchangeCommission (SEC) that said it will need to restate certain past financial statements due to prior inaccuracies. The main reasons for this are higher interest expense and a higher loss on the extinguishment of debt related to the company's 2026 convertible notes. ET on Thursday.
That's why investors anxiously await Millennium's quarterly 13F filing , a form required by the Securities and ExchangeCommission (SEC) disclosing a fund's holdings. On the other hand, bad businesses with high debt loads can make great investments if bought at low enough valuations.
Buffett has a little secret Through its ownership of specialty investment company New England Asset Management, Buffett has a secret portfolio of stocks that don't appear in Berkshire Hathaway's quarterly regulatory filings with the Securities and ExchangeCommission (SEC). Adjusted earnings per share (EPS) of $9.81
14 deadline for institutional money managers to file Form 13F with the Securities and ExchangeCommission (SEC). Although Tepper runs a relatively concentrated portfolio that typically holds around three-dozen securities, he and his team are regularly adding to and reducing these existing positions.
Although Nvidia owns stakes in five publicly traded companies, based on its Form 13F from the first quarter and a recently filed Form 4 with the Securities and ExchangeCommission (SEC), four of these holdings account for 99.9% of its $380 million AI-inspired investment portfolio. million, as of the end of last week.
Saylor's $13 Million Take After the completion of each quarter, funds that invest more than $100 million must file a 13F form with the Securities and ExchangeCommission (SEC), disclosing what stocks they held at the end of each calendar quarter. million shares of the BlackRock ETF. million shares of the BlackRock ETF.
Marathon still has the same old weaknesses Riot and Marathon seem fundamentally similar, but only Marathon is being actively probed by the Securities and ExchangeCommission (SEC). The SEC took issue with Marathon's usage of its own restricted shares instead of cash to fund that deal.
May 15 marked the deadline for institutional money managers and wealthy investors with at least $100 million in assets under management to file Form 13F with the Securities and ExchangeCommission (SEC). These snapshots can be up to 45 days old when filed with the SEC. To be fair, 13Fs aren't perfect.
14 was the deadline for institutional investors with at least $100 million in assets under management to file Form 13F with the Securities and ExchangeCommission (SEC). Meanwhile, Paramount Global is mired under a mountain of debt and contending with weaker ad sales and increased streaming competition.
In Pershing's quarterly investor call, Ackman disclosed that the stake was "20% to 25% larger" than revealed in the regulatory filing, as the additional stake was the result of forward contracts, which don't have to be included in Securities and ExchangeCommission (SEC) filings. This results in more than $91.5
Tellurian submitted a filing to the Securities and ExchangeCommission (SEC) today stating that it will be issuing stock to an institutional shareholder in exchange for debt held through bonds being relinquished. In exchange, $37.9 The liquified natural gas specialist's share price was up 7.4%
Private Securities Litigation Reform Act of 1995. Securities and ExchangeCommission, the Stock Exchange of Hong Kong Limited, and the Singapore ExchangeSecurities Trading Limited. No matter if it's debt or equity. Stanley Qu, chief financial officer. increase year over year.
The fuel cell-powered truckmaker filed a form S-3 with the Securities and ExchangeCommission (SEC) this morning, describing its plan to raise $500 million through issuances of new debt, convertible debt, and shares in the company. Investors don't seem thrilled with the idea, however, and as of 10:10 a.m.
SunPower was thrown a financial lifeline At the end of November, SunPower announced a delay in delivering its latest set of quarterly financials to the Securities and ExchangeCommission (SEC). Better late than never Meanwhile, happily, SunPower managed to file those quarterly figures with the SEC on Dec.
In a press release this morning, former company chairperson (and co-founder) Ludmila Smolyansky and former COO Edward Smolyansky (her son) announced they have filed a "consent statement" with the Securities and ExchangeCommission ( SEC ). Is Lifeway stock a sell? The question is, why it is happening now?
You can search the company name or trading symbol in the Securities and ExchangeCommission's (SEC's) EDGAR database to see when the company last filed periodic reports, if ever. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. Know where the stock trades.
In January, the Securities and ExchangeCommission (SEC) approved the trading of spot Bitcoin exchange-traded funds (ETFs). operates with a troubling fiscal deficit, which means the country's debt burden is seemingly ever-increasing. It's easy to see why Bitcoin is superior. As of this writing, the U.S.
Nikola is gaining ground following recent filings with the Securities and ExchangeCommission (SEC) showing that it expects to complete the sale of convertible debt notes. So what Nikola submitted a series of filings to the SEC on Sept.
The company's earnings release, most recent annual report on Form 10-K, and other filings with the Securities and ExchangeCommission contain additional information concerning factors that could cause actual results to differ materially from those projected in forward-looking statements.
ET today after the company announced that it had secured new debt financing. Riley, which has been the subject of multiple short reports and an investigation by the Securities and ExchangeCommission (SEC). Riley had to delay submitting SEC filings. Shares in 2024 got crushed by 78%. This morning, B.
Canoo (NASDAQ: GOEV) recently filed a going concern warning with the Securities and ExchangeCommission (SEC), suiggesting the company could curtail operations if it runs out of cash. It did just that, raising roughly $45 million via a convertible debt sale. With just $6.7
Among other things, the institutional investor has waived off any remedies it could have used on Fisker for failure to file its quarterly report in a timely manner with the Securities and ExchangeCommission (SEC) for the period ended Sept. 31, 2022, and it raised substantial debt last year to bolster its war chest.
Second, the broader crypto market was rattled by regulatory threats and the failures of several high-profile exchanges and tokens. Marathon eventually abandoned that joint venture in mid-2022, but the SEC probe hasn't been fully resolved yet.
In a filing with the Securities and ExchangeCommission (SEC), Rivian said it will borrow up to $15 billion in debt related to its planned new factory in Georgia. . $15 billion in borrowing Today's move higher was more associated with more general economic news that is pushing most growth stocks higher.
million in quarterly revenue, up 42% year over year, and no debt. What happened Shares of regenerative medicines maker Avita Medical (NASDAQ: RCEL) were down more than 27% as of 1 p.m. ET on Monday. Avita is in a relatively strong position to be able to wait. Though it had only $68.8 However, it also lost $10.6
When it comes to equities trading, movements of share prices on major stock exchanges like the New York Stock Exchange and Nasdaq tend to dominate headlines. But every day, millions of equity trades are made off the stock exchanges in what's known as over-the-counter (OTC) trading. When Can Exchange-Listed Stocks Trade OTC?
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