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WFC - Public offerings
Wells Fargo & Company (WFC) public offerings - real-time wire coverage filtered to Offerings only.
Recent Offerings for WFC
- Tiedemann Group and Alvarium Investments Provide Update on Board Appointments– Board of Director Appointments Bring Deep Domain Expertise and Experience in Scaling Wealth and Asset Management Platforms – – 2021 Financial Performance for the Constituent Firms was Robust and in Line with Previously Disclosed Estimates – – Business Combination with Cartesian Growth Corporation is Progressing and with Executed Extension Expected to Close in Summer of 2022 – Tiedemann Group1 ("Tiedemann"), Alvarium Investments Limited2 ("Alvarium"), and Cartesian Growth Corporation3 ("Cartesian") (NASDAQ:GLBL), today announced the selection of director nominees to serve on the future board of the combined company Alvarium Tiedemann Holdings ("Alvarium Tiedemann"). The Alvarium Tiedema
- The Growth for Good Acquisition Corporation Announces Closing of $253 Million Initial Public OfferingThe Growth for Good Acquisition Corporation ("Growth for Good" or the "Company"), a newly formed and differentiated blank check company, today announced the closing of its initial public offering of 25,300,000 units, which included the full exercise of the underwriters' over-allotment option, at $10.00 per unit. The total gross proceeds of the initial public offering amounts to $253,000,000. The units began trading on the Nasdaq Global Market ("Nasdaq") under the ticker symbol "GFGDU" on Friday, December 10, 2021. Growth for Good is led by Ms. Yana Watson Kakar, Chief Executive Officer, a seasoned executive and recognized leader in sustainable and socially responsible business and the Glob
- The Growth for Good Acquisition Corporation Announces Pricing of $220 Million Initial Public OfferingThe Growth for Good Acquisition Corporation ("Growth for Good" or the "Company"), a newly formed and differentiated blank check company, today announced the pricing of its initial public offering of 22,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market ("Nasdaq"), trading under the ticker symbol "GFGDU" beginning December 10, 2021. The offering is expected to close on December 14, 2021, subject to the satisfaction of customary closing conditions. Growth for Good is led by Ms. Yana Watson Kakar, Chief Executive Officer, a seasoned executive and recognized leader in sustainable and socially responsible business and the Global Managing Partner Emeritus of D
- Wells Fargo Utilities and High Income Fund Announces Sources of DistributionThe Wells Fargo Utilities and High Income Fund (NYSE:ERH) released information about the sources of today's distribution in a Notice provided to shareholders. The full text of the Notice is available below and on the Wells Fargo Asset Management website. IMPORTANT NOTICE TO SHAREHOLDERS This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a r
- Wells Fargo Utilities and High Income Fund Announces Sources of DistributionThe Wells Fargo Utilities and High Income Fund (NYSE:ERH) released information about the sources of today's distribution in a Notice provided to shareholders. The full text of the Notice is available below and on the Wells Fargo Asset Management website. IMPORTANT NOTICE TO SHAREHOLDERS This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a r
- Wells Fargo Utilities and High Income Fund Announces Sources of DistributionThe Wells Fargo Utilities and High Income Fund (NYSE:ERH) released information about the sources of today's distribution in a Notice provided to shareholders. The full text of the Notice is available below and on the Wells Fargo Asset Management website. IMPORTANT NOTICE TO SHAREHOLDERS This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a r
- Wells Fargo Global Dividend Opportunity Fund Announces Change to Managed Distribution PlanThe Wells Fargo Global Dividend Opportunity Fund (NYSE:EOD), a closed-end fund, announced today that the fund's Board of Trustees has approved a change to the fund's managed distribution plan. Effective with the distribution to be declared in August 2021, the plan will provide for the declaration of quarterly distributions to common shareholders of the fund at an annual minimum fixed rate of 9% based on the fund's average monthly net asset value (NAV) per share over the prior 12 months. Under the managed distribution plan, quarterly distributions may be sourced from income, paid-in capital, and/or capital gains, if any. Shareholders may elect to reinvest distributions received pursuant to
- Wells Fargo Utilities and High Income Fund Announces Sources of DistributionThe Wells Fargo Utilities and High Income Fund (NYSE:ERH) released information about the sources of today's distribution in a Notice provided to shareholders. The full text of the Notice is available below and on the Wells Fargo Asset Management website. IMPORTANT NOTICE TO SHAREHOLDERS This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a r
- Wells Fargo Utilities and High Income Fund Announces Sources of DistributionThe Wells Fargo Utilities and High Income Fund (NYSE:ERH) released information about the sources of today's distribution in a Notice provided to shareholders. The full text of the Notice is available below and on the Wells Fargo Asset Management website. IMPORTANT NOTICE TO SHAREHOLDERS This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a r
- Wells Fargo Utilities and High Income Fund Announces Sources of DistributionThe Wells Fargo Utilities and High Income Fund (NYSE:ERH) released information about the sources of today's distribution in a Notice provided to shareholders. The full text of the Notice is available below and on the Wells Fargo Asset Management website. IMPORTANT NOTICE TO SHAREHOLDERS This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a r
- Wells Fargo Closed-End Funds Announce Board Approval of New Investment Advisory and Sub-Advisory AgreementsRecord and meeting dates announced for special meeting of shareholders Each fund listed below has announced that its Board of Trustees has approved a new investment advisory agreement and new sub-advisory agreement(s), and has announced record and meeting dates for a special meeting of shareholders: Wells Fargo Income Opportunities Fund (NYSE:EAD) Wells Fargo Multi-Sector Income Fund (NYSE:ERC) Wells Fargo Utilities and High Income Fund (NYSE:ERH) Wells Fargo Global Dividend Opportunity Fund (NYSE:EOD) As previously announced on February 23, 2021, Wells Fargo & Company (NYSE:WFC) entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR LLC and Reverence Cap
- Wells Fargo Closed-End Funds Declare Monthly and Quarterly DistributionsThe Wells Fargo Income Opportunities Fund (NYSE:EAD), the Wells Fargo Multi-Sector Income Fund (NYSE:ERC), the Wells Fargo Utilities and High Income Fund (NYSE:ERH), and the Wells Fargo Global Dividend Opportunity Fund (NYSE:EOD) have each announced a distribution. Ticker Fund name Distribution per share Frequency Change from prior distribution EAD Wells Fargo Income Opportunities Fund $0.05764 Monthly +$0.00097 ERC Wells Fargo Multi-Sector Income Fund $0.09347 Monthly +$0.00124 ERH Wells Fargo Utilities and High Income Fund $0.07126 Monthly +$0.00079 EOD Wells Fargo Global Dividend Opportunity Fund $0.13217 Q
- Wells Fargo Taps Doma to Streamline the Refinance ProcessDoma's machine intelligence powered title and escrow solutions to help drive superior Wells Fargo customer experience Doma, a leading force for disruptive change in the real estate industry, today announced that its Doma Intelligence platform combined with its title and escrow solutions will help power the real estate closing experience for Wells Fargo & Company (NYSE:WFC). The relationship will enable Wells Fargo to leverage Doma's proprietary machine intelligence technology to remove key points of friction and frustration involved in the traditional way of fulfilling mortgage closings, for both loan officers and mortgage customers. Today's announcement comes on the heels of Doma entering
- Wells Fargo Utilities and High Income Fund Announces Sources of DistributionThe Wells Fargo Utilities and High Income Fund (NYSE:ERH) released information about the sources of today's distribution in a Notice provided to shareholders. The full text of the Notice is available below and on the Wells Fargo Asset Management website. IMPORTANT NOTICE TO SHAREHOLDERS This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a r
- Wells Fargo Asset Management Announces Change to the Wells Fargo Global Dividend Opportunity Fund Portfolio Management TeamWells Fargo Asset Management (WFAM) announced today that Harindra de Silva, Ph.D., CFA, and Dennis Bein, CFA, will be added as portfolio managers to the Wells Fargo Global Dividend Opportunity Fund (NYSE:EOD) effective immediately. They will join Megan Miller, CFA, in managing the fund's options strategy. Michael Schueller, CFA, Justin Carr, CFA, Vince Fioramonti, CFA, and Chris Lee, CFA, remain as portfolio managers of the fund's fixed-income and equity sleeves. There are no changes to the investment philosophy or process as a result of this change. Portfolio Manager Bios Harindra de Silva, Ph.D., CFA Harindra ("Harin") de Silva is a portfolio manager with the Analytic Investors team at
- Wells Fargo Closed-End Funds Declare Monthly DistributionsThe Wells Fargo Income Opportunities Fund (NYSE:EAD), the Wells Fargo Multi-Sector Income Fund (NYSE:ERC), and the Wells Fargo Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. Ticker Fund name Distribution per share Frequency Change from prior distribution EAD Wells Fargo Income Opportunities Fund $0.05667 Monthly +$0.00079 ERC Wells Fargo Multi-Sector Income Fund $0.09223 Monthly +$0.00092 ERH Wells Fargo Utilities and High Income Fund $0.07047 Monthly +$0.00043 The following dates apply to today's distribution declaration for each fund: Declaration date April
- Announced Sale of Wells Fargo Closed-End Funds’ Advisor and SubadvisorsSAN FRANCISCO--(BUSINESS WIRE)--The following four Wells Fargo closed-end funds today announced a transaction involving each fund’s investment advisor and subadvisor(s): Wells Fargo Global Dividend Opportunity Fund (NYSE: EOD) Wells Fargo Income Opportunities Fund (NYSE American: EAD) Wells Fargo Multi-Sector Income Fund (NYSE American: ERC) Wells Fargo Utilities and High Income Fund (NYSE American: ERH) On Feb. 23, 2021, Wells Fargo & Company (NYSE: WFC) announced that it has entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR LLC and Reverence Capital Partners, L.P. WFAM is the trade name used by the asset management businesses of Well