Transform Announces Rights Offering for Common Stock
Transform Announces Rights Offering for Common Stock
Transform, Inc. (NASDAQ: TGAN) (“Transphorm” or the “Company”) announced today that the independent Financing Committee of the Company’s board of directors has approved a rights offering available to all holders of record of the Company’s common stock, par value $0.0001 (“ Common Stock”) as of 5:00 pm, Eastern Daylight Time, on June 26, 2023 (the “Record Date”).
If the rights offering is fully subscribed, the Company intends to raise up to $15 million through the rights offering, to be used for working capital and general corporate purposes. The Company is also pursuing conventional…
Before Clarence Thomas, Abe Fortas resigned Supreme Court over finances
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Supreme Court Justice Clarence Thomas is facing mounting scrutiny over his finances, after a ProPublica report documented his lavish donor-funded travel and a Washington Post report revealed that Thomas had reported hundreds of thousands of dollars in income from a defunct real estate firm.
If Thomas were to resign over his financial dealings, he would not be the first justice to do so. The following story, lightly edited for length and style, originally ran in The Washington Post on May 16, 1969.
Associate Justice Abe Fortas resigned from the Supreme Court yesterday, insisting that he had…
5 Steps to the Best Travel Management Process Flow
If corporate travel management is part of your daily grind, then you probably receive dozens of emails a week with travel requests, questions about itineraries, issues booking flights, last-minute changes, cancellations, and a whole slew of scheduling complications, especially when it’s comes to group booking.
Rather than answering a million emails (and risk dropping the ball or missing out on seats because you couldn’t get to the email fast enough), why not move travel management outside of your email inbox altogether?
Why not track it—as in, see what trips need to be booked and finalized, which ones are ongoing, which…
