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NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) -- InterPrivate III Financial Partners Inc. (NYSE:IPVF) today announced that its board of directors (the "Board") has determined to redeem all of its outstanding shares of Class A common stock (the "Public Shares"), effective as of December 21, 2023, because the Company will not consummate an initial business combination within the time period required by its amended and restated certificate of incorporation. As of the close of business on the last day of trading, December 8, 2023, the Public Shares will be deemed cancelled and will represent only the rights to receive the per-share redemption price of approximately $10.75 (after taking into a
New York, NY, Nov. 02, 2023 (GLOBE NEWSWIRE) -- InterPrivate III Financial Partners Inc. (NYSE:IPVF, IPVF, IPVF WS))) (the "Company"), announced today that its board of directors (the "Board") has decided to extend the date by which the Company must consummate an initial business combination (the "Deadline Date") from November 9, 2023 for an additional month, to December 9, 2023, the sixth of nine potential one-month extensions of the Deadline Date available to the Company. The Company's Amended and Restated Certificate of Incorporation (the "Charter") provides the Company the right to extend the Deadline Date up to nine times for an additional one month each time (each, an "Extension"),
New York, NY, Oct. 05, 2023 (GLOBE NEWSWIRE) -- InterPrivate III Financial Partners Inc. (NYSE:IPVF, IPVF, IPVF WS))) (the "Company"), announced today that its board of directors (the "Board") has decided to extend the date by which the Company must consummate an initial business combination (the "Deadline Date") from October 9, 2023 for an additional month, to November 9, 2023, the fifth of nine potential one-month extensions of the Deadline Date available to the Company. The Company's Amended and Restated Certificate of Incorporation (the "Charter") provides the Company the right to extend the Deadline Date up to nine times for an additional one month each time (each, an "Extension")
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Sustainable finance veteran named Chief Executive Officer Aspiration, a global business leader in climate solutions, today announced the appointment of Olivia Albrecht as the company's new Chief Executive Officer. She will assume day to day leadership of the company and will also join Aspiration's Board of Directors. Albrecht takes on the role following Aspiration's co-founder and CEO, Andrei Cherny. Cherny will retain his position on the board and remain on as an advisor for Aspiration during the transition period, following nine years spearheading the company from its infancy to its current market leading position. This press release features multimedia. View the full release here: https
Former PIMCO ESG Leader will spearhead swift expansion of the company's carbon markets strategy for consumers and enterprises Aspiration, a global leader in Sustainability as a Service solutions for consumers and companies, today announced the appointment of Olivia Albrecht as the company's new Chief Sustainability Officer. Albrecht will head the Sustainability group, including the carbon markets desk, to design and execute innovative action programs and strategies for businesses and people. "Olivia is joining Aspiration at a pivotal moment in time when the topic of climate change has become central to consumers and businesses," said Andrei Cherny, CEO and co-founder of Aspiration. "She i
NEW YORK, May 20, 2021 /PRNewswire/ -- InterPrivate today announced that Jeffrey Yager has joined the firm as Managing Director - Business Development. In his new position, he will oversee capital formation and strategic relationships across InterPrivate's private investment and SPAC business lines. Prior to joining Interprivate, Mr. Yager was a Senior Divisional Director and Principal at Salient Partners where he raised over $2 billion for Salient's various alternative investment strategies. Previously, he led sales and marketing at InterPrivate's predecessor, Landmark Value Investments. Mr. Yager began his career at Lehman Brothers before spending time as a credit analyst at US Trust and
– Fourth Quarter 2021 Revenue of $38.5 Million, Increased 600%+ Year-Over-Year – – Generated Gross Profit of $31.7 Million in the Fourth Quarter, Representing a 977% Year-Over-Year Increase – – Full Year 2021 Revenue of $100.6 Million Compared to $14.7 Million for 2020, a 584% Year-Over-Year Increase – – Full Year 2021 Gross Profit of $79.4 Million Compared to $5.7 Million for 2020 – Aspiration Partners, Inc. ("Aspiration" or the "Company"), a global leader in Sustainability as a Service solutions for consumers and enterprises, today reported financial results for the fourth quarter ended December 31, 2021. On August 18, 2021, Aspiration and InterPrivate III Financial Partners Inc. (NYS
Aspiration Will Add Industry-Leading Carbon Accounting Technology and APIs to Enhance its ESG and Tracking Capabilities Aspiration, the global leader in "Sustainability as a Service" solutions, today announced that it has acquired Carbon Insights, a leader in climate tech whose proprietary algorithm translates spending behavior and transactions into carbon footprints. Aspiration will be integrating the Carbon Insights technology into its existing offerings that build climate change-fighting action into what people and businesses do every day. Carbon Insights was founded in March 2020 as a Public Benefit Corporation dedicated to turning spending behavior into carbon measurement and action
InterPrivate III Financial Partners Inc. (NYSE:IPVF, IPVF, IPVF WS))))) (the "Company"), announced today that its board of directors (the "Board") has decided to extend the date by which the Company must consummate an initial business combination (the "Deadline Date") from November 9, 2023 for an additional month, to December 9, 2023, the sixth of nine potential one-month extensions of the Deadline Date available to the Company. The Company's Amended and Restated Certificate of Incorporation (the "Charter") provides the Company the right to extend the Deadline Date up to nine times for an additional one month each time (each, an "Extension"), from June 9, 2023 to up to March 9, 2024. On Nove