Avetta Invests in Local Growth with New Offices in Sydney and Newcastle
The new Sydney office, located on Pitt Street, opened in May. The move places Avetta's team within Sydney's key commercial precinct, providing a convenient and well-connected base for employees and customers alike.
In October, Avetta will open an upgraded Newcastle office in Honeysuckle—the city's thriving waterfront precinct, further demonstrating Avetta's focus on building strong local operations and creating modern, collaborative spaces for its employees and customers.
'These new offices mark an exciting chapter for Avetta in Australia and across APAC,' said Luke Boyle, Vice President of Operations, APAC, at Avetta. 'Our investment in local infrastructure reflects our commitment to supporting the communities where we operate, and ensuring our teams have the resources to deliver outstanding service to our APAC customers. The new Sydney office is already a hive for collaboration and opportunities to bring better value to our customers. All of our team members are eager to be present for networking and engagement, while still enjoying a hybrid work model.'
To learn more about Avetta, visit www.avetta.com.
About Avetta
The Avetta SaaS platform helps clients manage supply chain risk and their suppliers to become more qualified for jobs. For the hiring clients in our network, we offer the world's largest supply chain risk management network to manage supplier safety, sustainability, worker competency and performance. We perform contractor prequalification and worker competency management across major industries, all over the globe, including construction, energy, facilities, high tech, manufacturing, mining and telecom.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
20 minutes ago
- Business Wire
Greenidge Generation Announces Expiration and Finals Results of Tender/Exchange Offer for Senior Notes Due 2026
PITTSFORD, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (Nasdaq: GREE) ('Greenidge' or the 'Company'), a vertically integrated cryptocurrency datacenter and power generation company, today announced final results of its previously announced concurrent offers (collectively, the 'Tender/Exchange Offer' or the 'Offer') to exchange or to purchase, at the election of each holder, its outstanding 8.50% Senior Notes due 2026 (the 'Old Notes'), as set forth in the Offer to Purchase/Exchange, dated as of June 17, 2025 (as amended or supplemented from time to time, the 'Offer to Purchase/Exchange'), which trade on the Nasdaq Global Select Market ('Nasdaq') under the symbol 'GREEL.' The Tender/Exchange Offer expired at 12:00 a.m., New York City time, on July 18, 2025 (the 'Expiration Date'). Capitalized terms use herein and otherwise undefined have the meaning ascribed to them in the Offer to Purchase/Exchange. According to the information provided to Greenidge by Computershare Trust Company, N.A., the exchange agent in connection with the Offer, the following aggregate principal amount of the Old Notes set forth in the table below was (i) validly tendered and not properly withdrawn (the 'Tendered Notes') as of 5:00 p.m., New York City time, on July 2, 2025 (the 'Early Tender Date') for cash in an amount equal to $9.00 for each $25.00 principal amount of Old Notes tendered, plus accrued and unpaid interest up to, but not including, the previously announced July 9, 2025 early settlement date (the 'Early Settlement Date'), subject to a $3,204,477 cash payment limit, pursuant to the Tender Option; and (ii) validly tendered and not properly withdrawn (the 'Exchanged Notes') as of the Expiration Date for a new series of 10.00% Senior Notes due 2030 (the 'New Notes'), in an amount equal to $11.00 principal amount of New Notes for each $25.00 principal amount of Old Notes exchanged, plus accrued and unpaid interest up to, but not including, the settlement date pursuant to the Exchange Option: 1 The amounts exclude $36,450 in aggregate principal amount of Old Notes for which holders have complied with certain procedures applicable to guaranteed delivery set forth in the Offer to Purchase/Exchange, which remain subject to such holders' performance of additional delivery requirements thereunder. Expand The Tender/Exchange Offer was made pursuant to the terms and subject to the satisfaction or waiver of certain conditions set forth in the Offer to Purchase/Exchange. As of the Expiration Date, all conditions to the Tender/Exchange Offer were satisfied or waived. Upon settlement of the Exchange Offer, which is currently expected to occur on July 21, 2025, subject to the acceptance procedures described in the Offer to Purchase/Exchange, holders of Exchanged Notes will receive an aggregate principal amount of New Notes in an amount equal to $11.00 for each Exchanged Note accepted plus accrued and unpaid interest thereon up to, but not including, the settlement date, in addition to a stub payment in cash for any remaining accrued and unpaid interest in an amount less than $11.00 in total. Accordingly, on the settlement date, Greenidge will issue $2,105,213 in aggregate principal amount of New Notes. As the aggregate principal amount of New Notes is less than the minimum offering required for listing on Nasdaq, Greenidge seeks to list the New Notes under the ticker 'GREEN' for trading on the OTC Market's platform. However, as previously disclosed in the Offer to Purchase/Exchange, Greenidge cannot provide any assurances that the New Notes will be tradable or that an active trading market will develop for the New Notes or that holders will be able to sell their New Notes. If the New Notes are traded after their initial issuance, they may trade at a discount from their initial offering price depending on prevailing interest rates, the market for similar securities, the Company's credit ratings, general economic conditions, the Company's financial condition, performance and prospects and other factors. Accordingly, Greenidge cannot make any assurances that a liquid trading market for the New Notes will be sustained, that holders will be able to sell their New Notes at a particular time or that the price holders receive when they sell will be favorable. To the extent an active trading market is not sustained, the liquidity and trading price for the New Notes may be harmed. Accordingly, holders may be required to bear the financial risk of an investment in the New Notes for an indefinite period of time. About Greenidge Generation Holdings Inc. Greenidge Generation Holdings Inc. (Nasdaq: GREE) is a vertically integrated power generation company, focusing on cryptocurrency mining, infrastructure development, engineering, procurement, construction management, operations and maintenance of sites. Forward-Looking Statements This press release includes certain statements that may constitute 'forward-looking statements.' All statements other than statements of historical fact are forward-looking statements for purposes of federal and state securities laws. These forward-looking statements involve uncertainties that could significantly affect Greenidge's financial or operating results. These forward-looking statements may be identified by terms such as 'anticipate,' 'believe,' 'continue,' 'foresee,' 'expect,' 'intend,' 'plan,' 'may,' 'will,' 'would,' 'could,' and 'should,' and the negative of these terms or other similar expressions. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Forward-looking statements in this press release include, among other things, statements regarding the business plan, business strategy and operations of Greenidge in the future. In addition, all statements that address operating performance and future performance, events or developments that are expected or anticipated to occur in the future are forward looking statements. Forward-looking statements are subject to a number of risks, uncertainties and assumptions. Matters and factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include but are not limited to the matters and factors described in Part I, Item 1A. 'Risk Factors' of Greenidge's Annual Report on Form 10-K for the year ended December 31, 2024, as may be amended from time to time, its subsequently filed Quarterly Reports on Form 10-Q and its other filings with the Securities and Exchange Commission. Consequently, all of the forward-looking statements made in this press release are qualified by the information contained under this caption. No assurance can be given that these are all of the factors that could cause actual results to vary materially from the forward-looking statements in this press release. You should not put undue reliance on forward-looking statements. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do occur, the actual results, performance, or achievements of Greenidge could differ materially from the results expressed in, or implied by, any forward-looking statements.
Business Wire
an hour ago
- Business Wire
UBS hires industry veteran Kathleen Ferraro as Market Director for Greenwich and Stamford, Connecticut
GREENWICH, Conn.--(BUSINESS WIRE)--UBS Global Wealth Management US today announced the appointment of Kathleen (Kathy) Ferraro, a seasoned executive with over three decades of experience, as the new Market Director for its Greenwich and Stamford, Connecticut offices. In this role, Kathy will be responsible for leading advisor development, elevating the client experience and advancing strategic growth across these key markets. Kathy brings more than 30 years of leadership and advisory experience in the financial services industry, most recently at Morgan Stanley, where she was widely recognized for building top-performing teams and delivering exceptional client outcomes. Notably, she served as Morgan Stanley's first female branch manager in Norwell, MA, and she spent the last 15 years leading top-performing teams and delivering outstanding client outcomes. Prior to taking over Norwell, Kathy held numerous leadership positions in Greenwich, CT. 'We are proud to welcome Kathy to UBS,' said Mara Glassel, Market Executive for the Greater New York Metro Market. 'Her leadership prowess and advisory expertise solidify her reputation as a driving force in the financial services industry. We are confident that her vast experience and deep commitment to both advisor excellence and client success make her well-suited to lead in this important market.' Throughout her career, Kathy has focused on building inclusive, high-performance cultures – in particular, mentoring rising talent, championing women in finance, and creating environments where advisors and clients can thrive. In recognition of her contributions, she was named to the MAKERS Class of 2020, a project and network dedicated to identifying and celebrating women of accomplishment across various fields. Beyond her professional achievements, Kathy is deeply committed to her community. She actively supports numerous nonprofit initiatives focused on financial literacy, women's empowerment, and education, including Invest in Girls and PowerToFly. Kathy also supports St. Jude Children's Research Hospital and regularly participates in charitable events throughout Fairfield County, embodying the same values of compassion, integrity and purpose that define her leadership. The UBS Greater New York Metro Market, led by Mara Glassel, encompasses 18 offices across Long Island, Westchester, Connecticut and New Jersey. Notes to Editors About UBS UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 6.1 trillion dollars of invested assets as per fourth quarter 2024. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE). © UBS 2025. All rights reserved. The key symbol and UBS are among the registered and unregistered trademarks of UBS. For press use only.
Business Wire
an hour ago
- Business Wire
WisdomTree Announces Private Credit and Alternative Income Fund (HYIN)
NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced the name change of the WisdomTree Alternative Income Fund to the WisdomTree Private Credit and Alternative Income Fund (HYIN or 'the Fund'). The Fund remains listed on the CBOE and has a total expense ratio of 4.32%. HYIN seeks to track the price and yield performance, before fees and expenses, of the Gapstow Private Credit and Alternative Income Index (GLACI) 1. Since its launch in 2021, the Fund has provided investors with diversified exposure to alternative credit sectors, including business development companies, real estate investment trusts, and closed-end funds. The updated Fund name reflects WisdomTree's sharpened focus on private credit—a rapidly expanding asset class valued for its attractive income potential and portfolio diversification benefits. HYIN delivers diversified access to private credit through a transparent, liquid ETF structure, making this traditionally hard-to-access market available to individual investors. By combining daily liquidity and transparency with attractive income potential, HYIN offers a compelling solution for investors seeking alternative sources of yield, including private credit. 'Although we're changing the name of our fund, our belief that individual investors deserve access to the traditionally institutional private credit market remains the same,' said Jeremy Schwartz, Global Chief Investment Officer at WisdomTree. 'By combining the high-income potential of private credit with the transparency and daily liquidity of an ETF, HYIN offers a compelling solution for those seeking alternative sources of yield in today's evolving market – and we're glad to offer this access to individual investors via our ETF for four years and counting.' 1 Gapstow Liquid Alternative Credit Index (GLACI): An equal-weighted index that tracks the performance of 35 'Publicly Traded Alternative Credit Vehicles' (PACs) using an objective, rules-based methodology Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. To obtain a prospectus containing this and other important information, call 866.909.9473 or visit Read the prospectus carefully before you invest. There are risks associated with investing, including possible loss of principal. The Fund is considered to be non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund. Higher yielding securities, sometimes referred to as junk bonds, may present additional risk because these securities may be less liquid and present more credit risk than investment grade bonds. The Fund invests in alternative credit sectors through investments in underlying closed-end investment companies ('CEFs'), including those that have elected to be regulated as business development companies ('BDCs'), and real estate investment trusts ('REITs'). The value of a CEF can decrease due to movements in the overall financial markets. BDCs generally invest in less mature private companies, which involve greater risk than well-established, publicly traded companies, and BDCs are subject to high failure rates among the companies in which they invest. By investing in REITs, the Fund is exposed to the risks of owning real estate, such as decreases in real estate values, overbuilding, increased competition and other risks related to local or general economic conditions. The Fund invests in the securities included in, or representative of, its Index regardless of their investment merit and the Fund does not attempt to outperform its Index or take defensive positions in declining markets. Please read the Fund's prospectus for specific details regarding the Fund's risk profile. Statements concerning financial market trends are based on current market conditions, which will fluctuate. WisdomTree Funds are distributed by Foreside Fund Services LLC, in the U.S. only. Foreside Fund Services LLC. is not affiliated with the other entities mentioned. Jeremy Schwartz is a registered representative of Foreside Fund Services, LLC. About WisdomTree WisdomTree is a global financial innovator, offering a diverse suite of exchange-traded products (ETPs), models and solutions, as well as digital asset-related products. Our offerings empower investors to shape their financial future and equip financial professionals to grow their businesses. Leveraging the latest financial infrastructure, we create products that emphasize access, transparency and provide an enhanced user experience. Building on our heritage of innovation, we offer next-generation digital products and services related to tokenized real world assets and stablecoins, as well as our blockchain-native digital wallet, WisdomTree Prime ® and institutional platform, WisdomTree Connect™.* * The WisdomTree Prime digital wallet and digital asset services and WisdomTree Connect institutional platform are made available through WisdomTree Digital Movement, Inc., a federally registered money services business, state-licensed money transmitter and financial technology company (NMLS ID: 2372500) or WisdomTree Digital Trust Company, LLC, in select U.S. jurisdictions and may be limited where prohibited by law. WisdomTree Digital Trust Company, LLC is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business. Visit the WisdomTree Prime mobile app or for more information. WisdomTree currently has approximately $127.6 billion in assets under management globally. For more information about WisdomTree, WisdomTree Connect and WisdomTree Prime, visit: . Please visit us on X at @WisdomTreeNews. WisdomTree ® is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide. The products and services available through the WisdomTree Prime app and WisdomTree Connect are not endorsed, indemnified or guaranteed by any regulatory agency.
