Hut 8’s Post

What are the new UK listing rules? The new rules, set to come in next week, aim to simplify and modernise the UK listing regime in response to a decline in the number of companies listing on the London Stock Exchange's main market. Jodie Dennis discusses here: http://crs.law/KCo950SHh0f #UKListing #ListingRules #FCA #LondonStockExchange #UKMarket #Corporate

Where a target company has no entitlement to a premium in the event the deal is consummated, it has no entitlement to lost-premium damages in the event of a busted deal. Accordingly, a provision purporting to define a target company’s damages to include lost-premium damages cannot be enforced by the target company. To the extent that a damages-definition provision purports to define lost-premium damages as exclusive to the target, therefore, it is unenforceable. Because only the target stockholders expect to receive a premium in the event a merger closes, a damages-definition defining a buyer’s damages to include lost-premium is only enforceable if it grants stockholders third-party beneficiary status. #SecuritiesLawBlog #Delaware #ALCLAW

Ashford Inc. (NYSE American: AINC) announced that a special committee of independent and disinterested directors has recommended, and its board of directors has approved, a plan to terminate the registration of the company’s common stock under the federal securities laws following the completion of a proposed reverse stock split transaction immediately followed by a forward stock split transaction, and to delist its shares of common stock from trading on the New York Stock Exchange, American. This plan would be initiated in summer 2024, subject to Ashford’s stockholders approving the proposed transaction at a special meeting of stockholders to be held for that purpose. #Ashford #AINC #commonstock #termination #stocksplit #SEC #SecuritiesandExchangeCommission

A decision by a company to increase the number of shares of stock it has outstanding by issuing more shares to its current shareholders. For example, in a 2-for-1 split each shareholder would receive as many new shares as he or she owns—effectively doubling the number of shares he or she owns. The price per share adjusts to account for the split. In the example of a 2-for-1 split, each of the new shares would have a par value of half the prior price. #Stocks #StockSplit #Shares #Shareholders #FinanceTuesday

A decision by a company to increase the number of shares of stock it has outstanding by issuing more shares to its current shareholders. For example, in a 2-for-1 split each shareholder would receive as many new shares as he or she owns—effectively doubling the number of shares he or she owns. The price per share adjusts to account for the split. In the example of a 2-for-1 split, each of the new shares would have a par value of half the prior price. #Stocks #StockSplit #Shares #Shareholders #FinanceTuesday

What is Form 5452 and reporting Dividends and other distributions? We file form 5452, if nondividend distributions were made to shareholders. A corporate distribution to a shareholder is generally treated as a distribution of earnings and profits. 1) Any part of a distribution from either current or accumulated earnings and profits is reported to the shareholder as a dividend. 2) Any part of a distribution that is not from earnings and profits is applied against and reduces the adjusted basis of the stock in the hands of the shareholder. 3) To the extent the balance is more than the adjusted basis of the stock, the shareholder has a gain (usually a capital gain) from the sale or exchange of property. #taxconcepts #basics #UStaxation

Honestly this company needs to be investigated, I find It disheartening to see Ault Alliance's 99% decline in value. The mismanagement of resources and the inability to attract competent investors and projects are evident contributors. The disconnect between the book value and market capitalization reflects a concerning trend. The outlined plans for 2024 may sound optimistic, but a critical review of past performance raises questions about the company's ability to execute effectively. Investors deserve more than promises; they need concrete actions to regain trust.

In the markets, October is considered to be the volatile month in the stock markets. Many believe it is because that's when a lot of companies balance and close their financial records for the year. #egmarkets #derivatives #trading #stocksmarket #nasdaq #indices #dowjones #broker #traders

Visualizing the Biggest Companies on Major Stock Exchanges With many companies nearing or surpassing the $1 trillion market capitalization milestone, we’ve put together a graphic that visualizes the five largest companies trading on the Nasdaq, New York Stock Exchange (NYSE), and international exchanges. #trading #finance #investing #cfds #financialfreedom #forextrading #StockMarket #investmenttrends #marketanalysis #financialinsights #technicalanalysis #ib #cpa #affiliateprogram

Where a target company has no entitlement to a premium in the event the deal is consummated, it has no entitlement to lost-premium damages in the event of a busted deal. Accordingly, a provision purporting to define a target company’s damages to include lost-premium damages cannot be enforced by the target company. To the extent that a damages-definition provision purports to define lost-premium damages as exclusive to the target, therefore, it is unenforceable. Because only the target stockholders expect to receive a premium in the event a merger closes, a damages-definition defining a buyer’s damages to include lost-premium is only enforceable if it grants stockholders third-party beneficiary status. #SecuritiesLawBlog #Delaware #ALCLAW