Daily Archives: April 7, 2017

CEVA Group Plc Announces Successful Completion of Private Exchange Offer and Consent Solicitation for its 4.00% First Lien Senior Secured Notes due 2018

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Hoofddorp, the Netherlands, April 7, 2017 – CEVA Group Plc (“CEVA” or the “Company”) announced today the successful completion its previously announced private offer to exchange (the “Exchange Offer”) and related consent solicitation (the “Consent Solicitation”) for its 4.00% First Lien Senior Secured Notes due 2018 (the “Existing Notes”).

The Company accepted for exchange in the Exchange Offer an aggregate principal amount of $350,674,633 of Existing Notes that had been validly tendered (and not validly withdrawn) as of 11:59 p.m., New York City time, on April 4, 2017. The Company issued $375,530,636 aggregate principal amount of its new 9.0% First Lien Senior Secured Notes due 2020 (the “New Notes”), which represents an aggregate principal amount of $359,441,511 of New Notes issued in connection with the Exchange Offer plus an aggregate principal amount of $16,089,125 of New Notes issued pursuant to agreements between the Company and certain holders of CEVA’s outstanding 12.75% senior notes due 2020, pursuant to which CEVA agreed to privately exchange such outstanding senior notes for a like principal amount of the New Notes concurrently with, and conditioned upon, the Exchange Offer.

Read more at www.cevalogistics.com

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Roadrunner Transportation Systems Receives Anticipated NYSE Notice Due To Previously Announced Late Form 10-K Filing

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Cudahy, WI – April 7, 2017 – Roadrunner Transportation Systems, Inc. (“Roadrunner”) (NYSE: RRTS), a leading asset-right transportation and asset-light logistics service provider, announced today that, as anticipated, it has received a notice from the New York Stock Exchange (the “NYSE”) that Roadrunner is not in compliance with the NYSE’s continued listing requirements under the timely filing criteria set forth in Section 802.01E of the NYSE Listed Company Manual as a result of the company’s failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2016 (the “Form 10-K”). Such notices are routinely issued by the NYSE when there are late filings with the Securities and Exchange Commission (the “SEC”).

Read more at www.rrts.com

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Hongkong Post holiday arrangements for Easter holidays

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Hongkong Post today (April 7) announced the postal service arrangements for the Easter holidays from April 14 to 17. No mail delivery and no mail collection will be provided. All post offices will be closed except for the General Post Office and the Airport Post Office. The business hours of these two offices will be from noon to 5pm and 8am to 5pm respectively. General postal services will be provided. Details of services available will be advertised at the respective post offices.

Read more at hongkongpost.hk

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