Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest.
Signature Bank Releases 2022 Form 10-K
Soluna Sharpens Focus on Project Dorothy, Energization and Grid Connection Imminent
OFS Credit Company Declares Common Stock Distribution
Harrow to Announce Fourth Quarter 2022 Financial Results on March 23, 2023
Priority Income Fund Announces 10.9% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common Shareholder Distributions for March 2023 through May 2023 and Preferred Stock Distributions for March 2023
February Bankruptcy Filings Register Double-Digit Increases Across Major Filing Categories Over Last Year
Mortgage Rates Continue to Climb Up
SiriusPoint and Compre Announce Second Significant Reinsurance Loss Portfolio Transfer
Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2022
Great Elm Capital Corp. Announces Fourth Quarter and Full Year 2022 Financial Results
Merchants Capital Provides Record $8.95 Billion in Debt Financing in 2022
AgriBank Reports Fourth Quarter 2022 and Year-End Financial Results
Sachem Capital Corp. Announces New Credit Facility
Signature Bank Issues Mid-Quarter Financial Update for Its 2023 First Quarter
Great Ajax Corp. Announces Results for the Quarter and Year Ended December 31, 2022
4 thoughts on “Headlines of Interest”
What’s with Soluna? Suspended preferred dividends and SLNHP fell to $3. But the analysts reports aren’t that horrible. Are they a dead company walking or just getting out of paying dividend?
I saw on Yahoo finance today article about Silvergate. Mentioned that they had borrowed 4.3 billion from Federal home loan bank of San Francisco and had sold additional debt securities just to pay the interest on the loan. Article also said Signature bank has been doing similar business of offering banking to crypto firms. Issued debt to pay interest? Wonder how that is going to turn out
Silvergate Common Down almost 58% and its Preferred “A” Down almost 47% on the news that the company will miss a March 16 deadline to file its already-delayed annual report. This is not looking good.
also Coiinbase stopped using them because the risk was too great. SI looks like a goner.