John Hancock Preferred Income Fund, Preferred Income Fund II And Preferred Income Fund III Declare Monthly Distributions

John Hancock Financial Services | December 01, 2016

A portion of a Fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if it does not consist solely of net investment income. Such notice will also be posted to the Funds' website at www.jhinvestments.com. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.

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PAYMENTS,BLOCKCHAIN

SGH to Acquire Stratus Technologies

SGH | June 30, 2022

SMART Global Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH) today announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire Stratus Technologies (“Stratus”), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge. Under the terms of the agreement, SGH will pay $225 million in cash at closing and an earn-out payment of up to $50 million, based on the gross profit performance of the Stratus business during the first full 12 fiscal months of Stratus following the closing. Consistent with the Company’s existing lines of business, Stratus delivers differentiated technology solutions to specialty end markets. In particular, the addition of Stratus’ high-availability, fault-tolerant computing platforms, software, and services will expand the Company’s Intelligent Platform Solutions (“IPS”) business to better serve Stratus and IPS customers worldwide. This transaction builds upon our successful track record of M&A at SGH, The high-availability and fault-tolerant capabilities of Stratus will expand our IPS offerings in Edge, Core, and Cloud, and will enable us to more comprehensively address our combined customers’ needs. We look forward to welcoming the Stratus team to SGH.” Mark Adams, CEO of SGH. About Stratus For leaders digitally transforming their operations to drive predictable, peak performance with minimal risk, Stratus ensures the continuous availability of business-critical applications by delivering zero-touch Edge Computing platforms that are simple to deploy and maintain, protected from interruptions and threats, and autonomous. For 40 years, we have provided reliable and redundant zero-touch computing, enabling global Fortune 500 companies and small-to-medium sized businesses to securely and remotely turn data into actionable intelligence at the Edge, Cloud and Data Center – driving uptime and efficiency. About SGH At SGH, our companies are united by a drive to raise the bar, execute with discipline and focus on what’s next for the technologies that support and advance the world. Across computing, memory, and LED lighting solutions, we build long-term strategic partnerships with our customers. Backed by a proven leadership team, we operate with excellence around the globe while unlocking new avenues of growth for our business and industry. About Siris Siris is a leading private equity firm that invests primarily in mature technology and telecommunications companies with mission-critical products and services, facing industry changes or other significant transitions. Siris' development of proprietary research to identify opportunities and its extensive collaboration with its Executive Partners and Advisors are integral to its approach. Siris' Executive Partners and Advisors are experienced senior operating executives that actively participate in key aspects of the transaction lifecycle to help identify opportunities and drive strategic and operational value. Siris is based in New York, Silicon Valley and West Palm Beach, and has raised nearly $6 billion in cumulative capital commitments.

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FINANCIAL MANAGEMENT,FINTECH

Intrinio, a Leading Provider of Fintech Analytics, Has Now Added ETF Data to Its Platform

Intrinio | September 16, 2022

Intrinio is proud to announce their partnership with CFRA, a leading provider of independent research and analysis. Intrinio is pleased to undergo a new partnership with CFRA, an independent research firm that provides financial analysis and data for the global investment community. The partnership will allow Intrinio users to access CFRA’s rigorous standardization methodology, which has been used to provide industry-leading ETF expertise since 2002. The new condensed version of their ETF endpoints will afford startups and individuals the opportunity to provide their users with increased insights and awareness of thousands of ETFs. A deep understanding of ETF structures and underlying methodologies ensures the robustness and integrity of the hundreds of ETF data points that power all of Intrinio’s ETF endpoints. Intrinio is a top data provider that specializes in high-quality information and customer service. The company provides modern tools for financial technology platforms (companies whose business relies on the use of electronic transactions) as well as businesses who need real-time access to market data. One of Their most popular offerings is the extensive ETF data package the company provides. To ensure that all of their users have access to the critical ETF data points they need Intrinio is also releasing a condensed version of their ETF endpoints. This version will afford startups and individuals the opportunity to provide their users with increased insights and awareness of thousands of ETFs. About the Company: Intrinio is a full-service financial data provider with a focus on serving the B2B market from startups to enterprise-level customers. Intrinio offers introductory price points and data subscription packages that scale, making it still affordable and accessible for developers and quants. If a customer visits the website, they can sign up, chat with the team, and get an account, API keys, and trial data within minutes. Intrinio offers trials, monthly and annual pricing, full customer support, and co-marketing.

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FINANCIAL MANAGEMENT

Prime Trust Launches Future Builders Brand Campaign: The Digital Economy is Just Getting Started

Prime Trust | September 08, 2022

Prime Trust, a leading provider of financial infrastructure for fintech and digital asset innovators, today announced its new branding campaign "The Future Builders" to increase market awareness, improve brand equity and give recognition to the generation of builders and unseen developers who have pushed the crypto and decentralized finance industry forward. "The Future Builders" campaign is focused on how Prime Trust enables crypto and fintech innovators to build their creations within a stable and strong foundation. Prime Trust's products and services help B2B2C businesses lead in their categories and pave their way to success despite a bear market. Over the past couple of years, the face of finance has changed dramatically, and Prime Trust has become a trusted and integral part of the fintech ecosystem. "Prime Trust is trailblazing the future of finance with the vision to build a bridge between traditional and decentralized finance, Over the past six years, we've seen dramatic shifts in what consumers are interested in, and our products and services are helping organizations meet these demands and bridge the gaps in their offerings. While our name is known throughout the industry, Prime Trust also knows our efforts are nothing without the innovations of the community. Whether it's an open-source developer or a Web3 aficionado, we believe that the unseen builders are the most important to our industry. We at Prime Trust recognize their achievements and are truly honored to work with them." -Lizzie Bildner, CMO, Prime Trust The industry has a habit of speaking to the public about the evolution of finance as happening automatically, as though there aren't hundreds of people having to push our digital economy forward. We know this isn't the case, There are countless professionals from every background actively working to create the new generation of financial services. These innovators are the backbone of what we do today. Our Future Builders campaign is a way to recognize the incredible, often unseen, people behind the adoption of DeFi,said Tom Pageler, CEO of Prime Trust. According to a Prime Trust Market Research Survey that will be released in Q4 2022, fintech innovators are focused on three key findings: Desire to work with a trusted and reliable vendor Disruption of the the status quo and appeal that crypto is providing inclusivity in this new digital economy The need for speed and a fast time to market This campaign addresses the current market conditions in crypto and the requirements of Prime Trust's customers. It is designed to make the audience feel like they are part of the larger crypto movement, and to deliver a brand campaign that resonates. Some elements of Future Builders campaign include: An evolved brand voice New branding for creative assets Executive interviews and blog posts Updated booth designs New employee swag New slogans Prime Trust's "Future Builders" campaign launches on September 7th with: Website landing page takeover Media buys In Person Events About Prime Trust Prime Trust powers innovation in the digital economy by providing fintech and digital asset innovators with financial infrastructure. Through a full suite of APIs, we help clients build seamlessly, launch quickly, and scale securely. Regulated by the State of Nevada, Prime Trust processes hundreds of millions of API calls per month. Prime Trust's team has extensive regulatory and financial services backgrounds from the OCC, SEC, Federal Reserve, US Department of Justice, Department of Homeland Security/Secret Service, JPMorgan Chase, American Express, PNC, Bank of America, and Visa. The company is recognized by Forbes as America's Best Startup Employer 2022 and is also Great Place to Work-Certified™ 2022. Prime Trust has also been named to CB Insights Blockchain 50 for 2022.

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FINTECH

BlackRock Launches Industry’s First BuyWrite Fixed Income ETFs

BlackRock | August 23, 2022

BlackRock today launched a first-of-its-kind suite of fixed income ETFs that provide access to buy-write investment strategies on baskets of fixed income securities: the iShares 20+ Year Treasury Bond BuyWrite Strategy ETF, iShares High Yield Corporate Bond BuyWrite Strategy ETF and the iShares Investment Grade Corporate Bond BuyWrite Strategy ETF. Each ETF packages two potential income sources into one ticker – premiums generated by selling monthly call options on the underlying ETFs and the yields from each of the underlying ETFs themselves. “The iShares’ bond ETF platform has the world’s largest, comprehensive toolkit1 for individuals and institutions by providing access to the $124 trillion fixed income market with essential building blocks for a wide variety of macroeconomic climates, Market participants have used a buy-write strategy on equities since options were first listed more than 50 years ago. The iShares Bond BuyWrite ETFs introduce these capabilities to fixed income, pioneering new possibilities for an asset class sitting at the center of so many long-term portfolios.” -Carolyn Weinberg, Global Head of Product for ETF and Index Investments, BlackRock Helping Investors; Capital Markets Innovation The iShares BuyWrite ETFs aim to increase yield potential for investors, debuting during the most challenging environment for fixed income in decades due to inflation, hawkish central banks and interest rate volatility. Each iShares BuyWrite ETF seeks to track a designated index from Cboe Global Indices by owning shares of the underlying ETF and selling one-month call options at a strike price at or near the closing price of the ETF the day before the strategy writes the call options. Each month, the iShares BuyWrite ETFs will distribute to shareholders both the call option premiums collected and the underlying funds’ monthly distributions. TLT, HYG and LQD have grown into important financial instruments in the fixed income markets and have some of the most liquid options markets of any ETF2, Our buy-write exposures expand the functionalities of bond ETFs by unlocking a sophisticated use case with a potential to enhance income for investors in this volatile yield environment,said Stephen Laipply, U.S. Head of Bond ETFs at BlackRock. BlackRock pioneered bond ETFs in 2002 with the launch of four products and this space has since grown 23% annually into a $1.7 trillion industry with more than 1,400 offerings.3 Over 20 years, bond ETFs have become fundamental to fixed income investing and BlackRock estimates they will reach $5 trillion in AUM by the end of the decade. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. About iShares iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 900+ exchange traded funds (ETFs) and $2.78 trillion in assets under management as of June 30, 2022, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

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