The Palm Beach CorpGov Forum, a two-day event, brought together over 200 attendees, including institutional investors and key advisors, to discuss topics such as planning the leap from private equity to public markets. Panels, firesides, and networking receptions took place on November 13-14, featuring industry experts and thought leaders.
Open FlipHyperscale Data (GPUS) plans to issue a special one-time dividend of 1M shares of a newly designated Series F Exchangeable Preferred Stock to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The record date for the Distribution has been set for December 13. The company has set a payment date of December 23, subject to adjustment.
Open FlipMaxeon Solar Technologies has agreed to divest its non-US assets to focus solely on the US market. The move aims to leverage the company's existing market presence and planned local manufacturing to drive growth and profitability. The company will lease a building in Albuquerque, New Mexico, for 5 yrs upto 2029, with plans to initiate solar panel production in the 2GW capacity facility by 2026.
Open Flip