Cosmo DeNicola Companies News (24)

Thursday, June 28, 2018

Chicken Soup for the Soul Entertainment Announces Pricing of $15 Million of Series A Redeemable Perpetual Preferred Stock Offering

Chicken Soup for the Soul Entertainment, Inc. ("CSS Entertainment") (Nasdaq:CSSE), a growing media company building online video on-demand ("VOD") networks that provide positive and entertaining video content for all screens, today announced that its Registration Statement on Form S-1 (SEC File No. 333-225603) was declared effective by the Securities and Exchange Commission. The closing of the offering of 600,000 shares of CSS Entertainment's Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock") is expected to occur on or about June 29, 2018. Each share of Series A Preferred Stock will be sold at a public offering price of $25.00. The shares are expected to be traded on Nasdaq under the symbol "CSSEP." The shares will not be convertible into or exchangeable for any of the company's other securities. CSS Entertainment expects the offering will result in gross proceeds of approximately $15 million.

The underwriters have been granted a 30-day option to purchase up to 90,000 additional shares of Series A Preferred Stock from the Company, exercisable in whole or in part, solely to cover over-allotments, at the public offering price less the underwriting discount.

The company intends to use the net proceeds from this offering for accretive merger and acquisition opportunities and general corporate purposes.

Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services, is acting as sole book-running manager of the offering. The Benchmark Company and Northland Capital Markets are acting as co-managers.

A registration statement relating to the Series A Preferred Stock was declared effective by the Securities and Exchange Commission on June 26, 2018. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering is being made only by means of a prospectus, copies of which may be obtained from any of the underwriters, including the offices of:

Ladenburg Thalmann & Co.
Attn: Syndicate Department
277 Park Avenue, 26th Floor
New York, NY 10172
212-409-2000
Email: prospectus@ladenburg.com

The Benchmark Company, LLC
Attn: Prospectus Department
150 E 58th Street, 17th floor
New York, NY 10155
212-312-6700
Email: prospectus@benchmarkcompany.com

Northland Capital Markets
Attn: Heidi Fletcher
150 South Fifth Street, Suite 3300
Minneapolis, MN 55402
800-851-2920
Email: hfletcher@northlandcapitalmarkets.com

Wednesday, June 27, 2018

Online business valuation startup signs contract with TD Bank

BizEquity, a Wayne-based fintech startup that offers online business valuation services, has landed its first top 10 U.S. bank client.

TD Bank (NYSE: TD) of Cherry Hill said it has signed a contract to offer the valuation tool free of charge to its small and midsize business clientele across its Maine to Florida footprint.

Terms of the deal were not disclosed but BizEquity Founder and CEO Michael Carter said TD pays an annual fee to BizEquity for the right to provide the product to its customers free of charge.

The tool provides fair market, enterprise and liquidation values calculated in real time — Carter says as soon as 10 minutes — and based on current market factors. BizEquity will deliver detailed reports with valuation information and key industry performance indicators to TD Bank relationship managers, who then share it with the business owner.

Chris Giamo, head of TD’s commercial bank, said in an interview that with the economy booming, there is fierce competition that requires banks to differentiate themselves.

“Most entrepreneurs and family-owned businesses don’t have access to this type of service,” Giamo said. “So this can be a big help with things like tax planning, strategic and succession planning and analyzing funding and acquisition opportunities.”

Giamo said TD has about 500,000 business customers with annual revenues of $500 million or less in annual revenue that would be a sweet spot for BizEquity.

Carter formed BizEquity in 2010 and the company recently has begun to break even as the business strategy has been more focused on achieving 100 percent annual revenue growth. The company is investing in development, engineering and customer acquisition.

“I don’t want to slow down the growth,” Carter said. “It took seven years for SalesForce to become profitable. We’ll get there.”

Carter demurred when asked about annual revenue numbers but did say it is “somewhere in the mid-seven figures.”

BizEquity now has offices in London, Singapore and New Delhi, India. It uses financial service companies large and small, including locals such as Brinker Capital, Envestnet, Univest, MassMutual and Penn Mutual, to distribute the product.

Last September, BizEquity announced that it had joined with The Wall Street Journal and Dow Jones on the launch of a new valuation tool called ‘the WSJ Pro Business Valuator’ aimed at WSJ customers who are private equity investors, merger and acquisition advisers and entrepreneurs.

But the relationship with TD is important because it is the first major bank to contract to use the service. Carter pointed out that the deal with TD is not exclusive and could lead to more big banks becoming clients.

“Like I said, any chance you have to differentiate yourself from the competition is important,” Giamo said. “So the fact that we are the first to offer this gives us an advantage, even if others begin to offer it as well.”

Carter said three members of BizEquity’s advisory board had relationships at TD, which then vetted the product with some of its small business customers before agreeing to a contract.

Moving forward, Carter said BizEquity is working on an enhanced product that not only provides valuation but also suggests how to optimize the business moving forward.

Safeguard Scientifics founder Pete Musser has served as Carter’s mentor and BizEquity has co-headquarters at the Musser Group’s offices on Devon Park Drive in Wayne as well as 123 South Broad Street in Center City. Carter expects to move into new offices on the same Wayne campus within a year or so to accommodate planned growth.

TD Bank is a subsidiary of Toronto-based TD Bank Group. It is the second-largest bank based in the Philadelphia region by deposits.

Original article found at: https://www.bizjournals.com/philadelphia/news/2018/06/27/online-business-valuation-startup-signs-contract.html

Friday, June 15, 2018

EY announces Cosmo DeNicola of Cosmo DeNicola Companies named Entrepreneur Of The Year® 2018 Award winner in Greater Philadelphia

Philadelphia, Pennsylvania, June 14 – EY today announced that Cosmo DeNicola of Cosmo DeNicola Companies, a holdings company based in Fort Washington, Pennsylvania, received the Entrepreneur Of The Year® 2018 Award in the family Business category in the Greater Philadelphia region. The award recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Cosmo was selected by an independent panel of judges, and the award was presented at a special gala event at the Kimmel Center for the Performing Arts in Philadelphia.

“I am so proud to accept this award on behalf of my family and all the teams and people that made it possible,” stated Cosmo DeNicola.

Since 1986, EY has honored entrepreneurs whose ingenuity, spirit of innovation and discipline have driven their companies’ success, transformed their industries and made a positive impact on their communities. Now in its 32nd year, the program has honored the inspirational leadership of such entrepreneurs as:

Howard Schultz of Starbucks Corporation
Pierre Omidyar of eBay, Inc.
Jodi Berg of Vitamix
Robert Unanue of Goya Foods
Reid Hoffman and Jeff Weiner of LinkedIn
Andreas Bechtolsheim and Jayshree Ullal of Arista Networks
Hamdi Ulukaya of Chobani
James Park of Fitbit
W. “Bill” Marriott, Jr. of Marriott International, Inc.
Lonnie Moulder and Mary Lynne Hedley, PhD, of TESARO, Inc.

As a Greater Philadelphia award winner, Cosmo is now eligible for consideration for the Entrepreneur Of The Year 2018 national program. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 10, 2018. The awards are the culminating event of the Strategic Growth Forum^TM, the nation’s most prestigious gathering of high-growth, market-leading companies.

Sponsors

Founded and produced by EY, the Entrepreneur Of The Year Awards are nationally sponsored in the US by SAP America, Merrill Corporation and the Ewing Marion Kauffman Foundation.

In Greater Philadelphia, sponsors also include PNC Bank, Pine Hill Group, Murray Devine & Company, SolomonEdwardsGroup, Ballard Spahr LLP, Morgan, Lewis & Bockius LLP, Pepper Hamilton LLP, Simkiss & Block and Philadelphia Business Journal.

About Entrepreneur Of The Year®

Entrepreneur Of The Year®, founded by EY, is the world’s most prestigious business awards program for entrepreneurs, chosen from an independent panel of judges including entrepreneurs and prominent leaders from business, finance, and the local community. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries. ey.com/eoy

About EY’s Growth Markets Network

EY’s worldwide Growth Markets Network is dedicated to serving the changing needs of high-growth companies. For more than 30 years, we’ve helped many of the world’s most dynamic and ambitious companies grow into market leaders. Whether working with international mid-cap companies or early stage, venture-backed businesses, our professionals draw upon their extensive experience, insight and global resources to help your business succeed. For more information, please visit us at ey.com/sgm or follow news on Twitter @EY_Growth.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.

For more information, please visit ey.com.

Wednesday, May 30, 2018

Soul Players Visit the Hope Partnership for Education Students

Players on the Philadelphia Soul visited the students at the Hope Partnership for Education middle school where they spent time with the students inspiring and motivating them. The Hope Partnership for Education is is an independent middle school and adult education center endorsed by and founded in the tradition of the Society of the Holy Child Jesus and the Sisters of Mercy with the goal of breaking the cycle of poverty through education.

The school is located in one of the most impoverished zip codes in Philadelphia. Median household income for a family of four is below the federal poverty level. The neighborhood conditions are very difficult. Fewer than 35% of adults living in the area have a high school diploma. The school provides academic, social and spiritual guidance to the children of low-income families as well as an active adult education program for those individuals seeking to obtain a GED. Staff at the school also provide a program that supports the children through their high school graduation.

In its fifteenth year of history, the middle school has graduated many students, all of whom have gone on to a four year high school and over 95% of whom have received their high school diploma, and 50% of whom have gone on to a two or four year college.

Friday, May 25, 2018

Cosmo DeNicola Companies Presents Scientific Scholarship at ATS 2018 Conference

Cosmo DeNicola Companies chairman and Programs Manager, Cosmo DeNicola and Morgan DeNicola, in partnership with the American Thoracic Society, presented the 2018 Cosmo DeNicola Companies Scientific Scholarships at this year's ATS . The scholarships were presented to applicants who make outstanding contributions to science in chronic obstructive pulmonary disease (COPD).

This year's winners were Ganiyu Amusa, MBChB, FMCP, FWAP and Maycon Reboredo, PhD. Ganiyu's presentation was surrounded around Cardiovascular Co-Morbidity in Adults with COPD: Prevalence, Associated Factors and Impact on Outcomes Over 450 Days, while Maycon focused on Barriers to Physical Activity in Patients with Chronic Respiratory Diseases.

“Respiratory health is one of our passions along with Global Health. We are proud to honor these great scientists,” stated Cosmo DeNicola.

The applicants completed work with relevancy to the ATS mission, which is to decrease morbidity and mortality from respiratory, critical care and sleep disorders, in Africa or other developing areas.

Tuesday, May 22, 2018

MKS&D's Tyrone Brown: 'Love is___' Premiere Date Set

OWN has set Tuesday, June 19 for the premiere of Love Is__, its new hourlong relationship drama from Mara Brock Akil and Salim Akil. The series follows Tyler Perry’s The Haves and the Have Nots at 9 PM.

Monday, May 21, 2018

Amtech to REWARD Customers

Cosmo DeNicola is excited to announce the addition of the Amtech Rewards program to the iServe Customer Engagement Platform. Users will be able to gain recognition from their peers and earn rewards for their contributions in driving digital innovation and enhancing the platform's online community and knowledge base. This program demonstrates Amtech's recognition of the partnership that exists between Amtech Software and its User Community.

Users can earn points for various activities including:

Enhancing the Knowledge Base by submitting an article that is accepted for publication.
Supporting our Best Practice efforts by submitting a case study.
Connecting via LinkedIn.
Engaging in Forum Activities such as asking a question, replying to a question, or providing an answer that is marked as correct.

More opportunities to gain recognition and earn points are anticipated for the future!

The Amtech Rewards program is another key step on the company's continuing journey to enhance the ways in which their customers use the system to the benefit of their company and their professional development! The rewards points will be redeemable by individual system users for merchandise including: office lunch party, shirts, hats, water bottles, coffee mugs, iPhone desk accessories, and a backpack among others.

To learn more about Amtech Systems and the new Amtech Rewards Program, contact Darren Artillo at dartillo@AmtechSoftware.com.

Thursday, May 17, 2018

MKS&D Client Lyrica Okano 'Runaways' Renewed for a Second Season

“Runaways” has been renewed for a second season at Hulu, Variety has confirmed, and will consist of 13 episodes. The show had a 10-episode first season.

“Runaways,” a Marvel series, follows the story of six diverse teenagers who can barely stand each other but who must unite against their parents when the kids discover they are part of an evil underground organization. It stars Gregg Sulkin, Rhenzy Feliz, Lyrica Okano, Virginia Gardner, Ariela Barer, and Allegra Acosta.

Josh Schwartz and Stephanie Savage serve as executive producers and showrunners. Marvel’s head of television, Jeph Loeb, also executive producers along with Jim Chory. Fake Empire’s Lis Rowinski produces. The series is a co-production with Marvel Television and ABC Signature Studios.

By Joe Otterson

Lyrica Okano Picture

For full article visit variety.com

Wednesday, May 16, 2018

Chicken Soup for the Soul Entertainment Releasing Label Launched

DENVER, May 14, 2018 /PRNewswire/ -- Fans of the world's most recognized storyteller Chicken Soup for the Soul can now experience their favorite inspirational series on the big screen. A new line-up of cinema events from Fathom Events and Chicken Soup for the Soul Entertainment's Screen Media Ventures ("Screen Media") will begin with "One Last Thing," starring Wendell Pierce, Jurnee Smollett-Bell and Joanne Froggatt, this June. The companies anticipate additional titles will be announced soon and will follow later this year. In addition to the feature content, audiences will also enjoy exclusive bonus content paired with each film.

Tickets for "One Last Thing" can be purchased at www.FathomEvents.com and at participating theater box offices.

Fathom Events and Screen Media will present "One Last Thing" on Wednesday, June 13 at 7:00 p.m. local time through Fathom's Digital Broadcast Network (DBN) as the first Chicken Soup for the Soul branded cinema event. A complete list of theater locations will be available May 11 on the Fathom Events website (theaters and participants are subject to change).

In "One Last Thing," Dylan Derringer (Wendell Pierce, the upcoming Jack Ryan series, TV's The Wire), a lonely dentist in Florida, is reunited with his long-lost daughter Lucy (Jurnee Smollett-Bell, TV's Friday Night Lights and Underground) after years apart. This sends him on an eventful and ultimately life-changing journey of discovery that includes the person closest to him, Jamie (Joanne Froggatt, TV's Downton Abbey). Directed and written by Tim Rouhana, the film illustrates the importance of fatherhood and the true meaning of family.

"One Last Thing" is the first movie to be released under Screen Media's new Chicken Soup for the Soul Entertainment Releasing banner, which brings inspirational, entertaining and uplifting stories to movie audiences everywhere.

"Screen Media is excited to be part of the Chicken Soup for the Soul Entertainment family. This programming initiative and the launch of a second theatrical releasing label for our company are examples of the kind of exciting expansion opportunities available to us at Screen Media as a result of our being acquired by Chicken Soup for the Soul Entertainment," President of Screen Media David Fannon said. "We expect this will become a long-running series, and Fathom Events is the perfect theatrical partner for this content."

"We're excited to partner with Screen Media to launch this inspirational new series," Fathom Events CEO Ray Nutt said. "Now more than ever, we see the need to deliver positive messages to as many people as possible, and we hope to do that with this series."

For artwork/photos related to "One Last Thing," visit the Fathom Events press site.

For original article, visit: https://www.prnewswire.com/news-releases/fathom-events-and-chicken-soup-for-the-soul-entertainments-screen-media-ventures-bring-new-branded-series-to-movie-theaters-in-2018-300647776.html

Tuesday, May 15, 2018

SOUL AND VIRTUA TO HOST TOWN TAKEOVER

PHILADELPHIA, PA – The Philadelphia Soul (3-1) and Virtua Health will host a Town Takeover at Total Turf Experience in Pitman, NJ (614 Lambs Road) this Thursday, May 17 from 5:30-8:30 p.m.

“Virtua is proud to partner with the Philadelphia Soul on this spectacular community event,” said Kate Gillespie, Virtua AVP of Orthopedics. “The Town Takeover is all about fun, but we will also share a message about the importance of exercise and teamwork with the young people who attend.”

Soul fans of all ages will meet the 2018 Soul players and coaches while learning key skills and drills from the top talent in the league. Soulman and the 2018 Philadelphia Soulmates dance team will also be meeting and greeting with fans and are available for photos and autographs, as well as Soul Owner, former Philadelphia Eagle and 6abc contributor, Ron Jaworski. Throughout the event, kids can enjoy an interactive area with bounce houses, an obstacle course, a DJ and more.

“Our players, coaches and staff enjoy getting out and interacting with the families and fans in our community. It’s at the core of what we do,” said Soul Vice President, Business Operations, Marc Zamarin. “So it’s a perfect fit to collaborate with a partner like Virtua, whose commitment to the community fuels everything that they do, as well.”

The Philadelphia Soul Town Takeover, presented by Virtua is free and open to the public and media. All media inquiries are to be directed to Gabbi Townsend by Thursday morning via email at gtownsend@philadelphiasoul.com. For more details on the Town Takeover, visit www.philadelphiasoul.com/virtuatowntakeover.

The Soul play their next game at home on Saturday, May 19th against the Albany Empire (1-2). Kickoff is set for 6:00 p.m. and the game is presented by PA Lottery. Visit www.philadelphiasoul.com for tickets.

ABOUT VIRTUA

As one of New Jersey’s largest, non-profit health systems, Virtua provides comprehensive health care services to achieve its mission to help people be well, get well and stay well. Virtua provides services through Virtua Medical Group with 500 physicians and other clinicians, and at its urgent care centers, hospitals, ambulatory surgery centers, health and wellness centers, fitness centers, home health services, long-term care and rehabilitation centers, and paramedic program. A leader in maternal and child health services, Virtua delivers nearly 8,000 babies a year. It provides health services to 1,500 businesses, and participates in Virtua Physician Partners, a clinically integrated network of 1,000 physicians and other clinicians. Virtua is affiliated with Penn Medicine for cancer and neuroscience and the Children's Hospital of Philadelphia (CHOP) for pediatrics. It employs over 9,000 and has been honored as the #1 Best Place to Work in the Delaware Valley many times since 2007. It is the recipient of a 4-star rating from the Centers for Medicare and Medicaid Services (CMS) for quality of care, and its hospitals earned straight A’s in patient safety by The Leapfrog Group and the 2016 Patient Safety Award from Healthgrades. U.S. News and World Report ranked Virtua’s Mount Holly and Voorhees hospitals as High Performing Hospitals and Voorhees as a Best Regional Hospital. Virtua is also the recipient of the Consumer Choice Award from the National Research Corporation. For more information, visit www.virtua.org or www.virtuabroadcastnetwork.org.

ABOUT PHILADELPHIA SOUL

The back-to-back World Champion Philadelphia Soul are now playing in their 13th season in the Arena Football League. In the previous 12 seasons, the Soul have won four Division Championships, four Conference Championships and three World Championships. Since the inaugural season in 2004, the Soul are the winningest professional sports team in Philadelphia. Season memberships and Group tickets for the Soul’s 2018 season are on sale now. For tickets, contact the Soul sales department at (215) 253-4900 ext. 3, or request contact from a Soul representative by filling out the form on www.philadelphiasoul.com. Additionally, fans and sponsors can follow the Soul on Facebook (Philadelphia Soul), Twitter (@soulfootball) and Instagram (@philadelphia_soul) for up to date news and exclusive content.

#RoadTo3Peat

CONTACT: GABBI TOWNSEND | 856.996.5093 | GTOWNSEND@PHILADELPHIASOUL.COM

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