Luca Bovone’s Post

This morning, Ward and Michelle from our team had the privilege of being on the floor of the New York Stock Exchange to witness the ringing of the opening bell. Experiencing the energy and legacy of the NYSE firsthand was truly inspiring. Moments like these remind us of the important role we play in helping our clients navigate the markets. #NYSE #BellRinging #FinancialAdvisory #covenantwealthstrategies

📊 Raymond Ltd shares fell 40% due to the demerger of its lifestyle business. ➡️ The demerged entity will be listed separately on stock exchanges in August - September. ➡️ Existing investors will receive four shares of Raymond Lifestyle for every five shares of Raymond they hold. ➡️ The stock recovered slightly, Closed at Rs 2,001, an increase of 4.98% from the opening price. #RAYMOND #StockMarketNews #StockMarket #stockanalysis

#BALY - Ballys Buyout Alert Is 10 Fair Shareholders Seeking More Money Should Contact Julie Holleman Regarding Sale to Major Shareholder Standard General LP https://buff.ly/4bTvqQE Bally's Buyout Alert: Is $10 Fair? Shareholders Seeking More Money Should Contact Julie & Holleman Regarding Sale to Major Shareholder Standard General L.P. Bally's Buyout Alert: Is $10 Fair? Shareholders Seeking More Money Should Contact Julie & Holleman Regarding Sale to Major...

It was great to sit down with Glenda Korporaal to discuss the depth, liquidity and growth of the ASX market. Despite CY23 being a cyclical low for new listings, $20bn of net new capital was quoted on to ASX. There are many reasons to list on ASX and access to capital to grow your company is key. In 2023 ASX listed companies raised more than US$17bn, not far behind the London Stock Exchange (US$21bn), ahead of HKEX (US$13bn), and almost twice the amount raised on TSX (US$9bn). So if you’re looking for capital to grow your company, look to ASX and reach out to James Posnett, Kate Galpin, Amit Verma, Sasha Conoplia, Alice Nguyen or Blair Harrison.

Olshan Frome Wolosky LLP client GameStop Corp. recently announced that it has completed its previously disclosed at-the-market equity offering program. The company sold 20 million shares of its Class A common stock in this ATM offering, which raised gross proceeds (before commissions and offering expenses) of approximately $400 million for the company. GameStop intends to use the net proceeds from the ATM Program for general corporate purposes, which may include acquisitions and investments. This ATM offering follows GameStop’s June 2024 offering, which raised gross proceeds (before commissions and offering expenses) of approximately $2.137 billion for the company, and its May 2024 offering, which raised gross proceeds (before commissions and offering expenses) of approximately $933 million for the company. Gross proceeds for the three offerings total approximately $3.47 billion. Olshan Corporate partner Ken Silverman led the Olshan team in this matter, which included partner Honghui Yu and associates John Corrado, Rachel Gold and Judith Renner. #OlshanLaw #ATMOffering #CorporateLaw #SecuritiesLaw https://lnkd.in/eHKQSfmK

Raymond Limited's Swift Demerger Creates Three New Powerhouses: $10 Billion Market Cap in Sight! Raymond’s demerger of its lifestyle business has attracted market attention, separating apparel and garments from real estate and engineering, enabling each to focus on the strengths. Key Details: 1. Shareholder Impact: Shareholders received 1 share of Raymond Lifestyle Ltd for every 1 share held in Raymond Ltd, enhancing transparency and value. 2. Financial Performance: The demerger streamlines operations, improving capital allocation and positioning Raymond Lifestyle Ltd for better market opportunities. 3. Stock Market Reaction: Raymond's share price has risen post-announcement, with expectations of a re-rating as investors assess each business separately. 4. Strategic Goals: The lifestyle business focuses on leveraging Raymond’s brand, while the parent company explores real estate and other ventures. 5. Future Prospects: The demerger is a significant step towards growth, profitability, and improved shareholder returns. Value Addition: This move not only simplifies Raymond’s structure but also makes it easier for investors to evaluate and invest in specific parts of the business. #RaymondDemerger #ShareholderValue #StockMarket #CorporateStrategy #RaymondLifestyle

Armada Hoffler Properties Inc (AHH) surged 1.47% after an insider bought $50,000 in shares. Want to catch these kinds of insider-driven moves? Our alerts identified this opportunity before the stock jumped! ✅ Track insider stock moves ✅ Capitalize on reliable patterns ✅ Get ahead of the market with insider data Sign up for 2 weeks FREE with Insider Trading Alerts and start trading like the insiders today! 📈 #InsiderTrading #RealEstateStocks #StockMarket #DayTrading #FinancialSuccess #BigGains #InvestSmart

🔒 What is founder lock-in? A founder lock-in is a contractual provision that requires founders to stay actively involved with the company for a set period before they can sell or cash out their shares. It is typically implemented after a major funding round or before an IPO. This arrangement gives investors confidence that the leadership is committed to the company’s long-term vision and success.

Our founders Robert K. and Georgia Gaveras, DO visited the floor of the NYSE New York Stock Exchange to record an episode of FloorTalk. Stay tuned for the full interview of #nysefloortalk!

Recent illustration for The Wall Street Journal. This artwork accompanied an article titled 'Why a Cold-Storage Company Just Delivered the Year’s Hottest IPO." Many thanks to AD Pete Hausler." #eddieguy #guyco #wallstjournal #digitalillustration #3dart #digitalcollage #modernillustration #newillustration #contemporaryillustration #illust #illustration #Illustrationart #illustrator #coldstorage #icecube #collageart #digitalcollageart