LatAm Logistic Properties is one of the only Institutional Industrial Platforms operating across the region, bringing the development of class A warehouses to undersupplied marketsEstimated post-transaction enterprise value of $578 Million based on a minimum of $25 Million in net cash proceeds to fund growth (assuming 70% redemptions from two's trust account)LatAm Logistic Properties' management will roll 100% of their existing shares into equity of the combined company ZEPHYR COVE, Nev. and SAN JOSÉ, Costa Rica, Aug. 15, 2023 (GLOBE NEWSWIRE) -- two (NYSE:TWOA) ("TWOA"), a special purpose acquisition company, and LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a

- two (NYSE:TWOA) ("TWOA") today announced that it has entered into a subscription agreement for a private placement of 1.5 million ordinary shares at a price of $10.00 per share, which is expected to yield gross proceeds of $15 million, to be consummated in connection with the closing of its business combination with LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"). In the business combination, each of LLP and TWOA will merge with newly-formed subsidiaries of Logistic Properties of the Americas, a newly-formed holding company ("Pubco"), and Pubco will be the publicly traded parent company of each of TWOA and LLP following the consummation of the business combination.

two (NYSE:TWOA) ("TWOA"), a special purpose acquisition company, and LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner, and manager of institutional quality, class A industrial and logistics real estate in Central and South America, announced today the public filing of a registration statement on Form F-4 with the U.S. Securities and Exchange Commission (the "SEC"). The registration statement was filed by Logistic Properties of the Americas, a newly-formed holding company ("Pubco"), in connection with LLP and TWOA's proposed business combination. On August 15, 2023, LLP and TWOA entered into a definitive business combination agreement that w

Benzinga Home Depot's Q2 Performance: Revenue Dip, New Stock Buyback And More Home improvement retailer Home Depot Inc (NYSE:HD) reported a second-quarter FY23 sales decline of 2% year-on-year to $42.92 billion, beating the analyst consensus of $42.25 billion. EPS of $4.65 beat the analyst consensus of $4.46. The average ticket in Q2 was $90.07, a 0.1% growth, and sales per retail square foot declined 2.3% to $684.65. Home Depot sees sales and a comparable sales decline of 2% - 5% (representing sales of $149.533 billion-$154.255 billion) vs. the $152.28 billion estimate. Philips Recalls Faulty Ventilators, FDA Identifies Dust Issue As 'Most Serious' Koninklijke Philips N.V. (NYSE:

LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner, and manager of institutional quality, class A industrial and logistics real estate in Central and South America, agreed to go public via special purpose acquisition company (SPAC) merger with Two (NYSE:TWOA). The combined company will have an estimated post-transaction enterprise value of $578 million, based on a pre-money equity value of LLP of $286 million, with a minimum of $25 million in net cash proceeds from the business combination and assuming 70% redemptions by TWOA's existing public shareholders.  Net proceeds from the business combination will help to fund future growth opportun

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Projected Rental Revenue Exceeds $43 Million Over Lease Term, Highest Value Contract to Date SAN JOSÉ, Costa Rica, March 18, 2024 /PRNewswire/ -- LatAm Logistic Properties, S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, has signed a lease agreement in Peru with a leading, globally-renowned food and beverage company. The agreement is considered a milestone as it represents LLP's highest value contract to date, with projected rental revenue of over $43 million during the lease term. The ten-year lease for 239,000 square feet, representing approximately 6

ZEPHYR COVE, Nev. and SAN JOSÉ, Costa Rica, March 15, 2024 (GLOBE NEWSWIRE) -- two (NYSE:TWOA) ("TWOA"), a special purpose acquisition company, and LatAm Logistic Properties, S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner, and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, will host a virtual investor day on Tuesday, March 19, 2024, beginning at 2:00 p.m. ET. The virtual investor day will include presentations from LLP's leadership team. The presentations will provide LLP's latest views on market opportunities, sources of competitive differentiation, core business drivers and financial outlook. There

ZEPHYR COVE, Nev. and SAN JOSÉ, Costa Rica, March 13, 2024 (GLOBE NEWSWIRE) -- two (NYSE:TWOA) ("TWOA"), a special purpose acquisition company, and LatAm Logistic Properties, S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner, and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced that the Securities and Exchange Commission ("SEC") has declared effective the amended registration statement on Form F-4 (the "Registration Statement") filed by Logistic Properties of the Americas ("Pubco") in connection with LLP and TWOA's previously announced proposed business combination (the "Business Combinatio

ZEPHYR COVE, Nev. and SAN JOSÉ, Costa Rica, Feb. 20, 2024 (GLOBE NEWSWIRE) -- two (NYSE:TWOA) ("TWOA") today announced that it has entered into a subscription agreement for a private placement of 1.5 million ordinary shares at a price of $10.00 per share, which is expected to yield gross proceeds of $15 million, to be consummated in connection with the closing of its business combination with LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"). In the business combination, each of LLP and TWOA will merge with newly-formed subsidiaries of Logistic Properties of the Americas, a newly-formed holding company ("Pubco"), and Pubco will be the publicly traded parent company o

SAN JOSÉ, Costa Rica, Dec. 14, 2023 (GLOBE NEWSWIRE) -- LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner, and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced the sale of an industrial building near Bogotá, Colombia, to Bancolombia S.A. The property, known as Warehouse 500A, is located within LatAm Logistic Park Calle 80 in Colombia's Tenjo municipality and consists of a warehouse and associated loading dock facilities with a Gross Leasable Area ("GLA") of 289,010 square feet (approximately 26,850 square meters). The modern, EDGE-certified building was completed

ZEPHYR COVE, Nev. and SAN JOSÉ, Costa Rica, Dec. 12, 2023 (GLOBE NEWSWIRE) -- two (NYSE:TWOA) ("TWOA"), a special purpose acquisition company, and LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner, and manager of institutional quality, class A industrial and logistics real estate in Central and South America, announced today the public filing of a registration statement on Form F-4 with the U.S. Securities and Exchange Commission (the "SEC"). The registration statement was filed by Logistic Properties of the Americas, a newly-formed holding company ("Pubco"), in connection with LLP and TWOA's proposed business combination. On August 15, 2

SAN JOSÉ, Costa Rica, Oct. 06, 2023 (GLOBE NEWSWIRE) -- LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a leading developer, owner, and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, today announced the signing of lease agreements in three of its new logistic facilities, including two properties in Peru and one in Costa Rica. Given the new leases, LLP's multi-country operating portfolio will have an occupancy rate of approximately 99.4% (or 96.6% when properties under development are included). The new leases, which comprise a total gross leasable area ("GLA") of 417,365 square feet, and represent appr

LatAm Logistic Properties is one of the only Institutional Industrial Platforms operating across the region, bringing the development of class A warehouses to undersupplied marketsEstimated post-transaction enterprise value of $578 Million based on a minimum of $25 Million in net cash proceeds to fund growth (assuming 70% redemptions from two's trust account)LatAm Logistic Properties' management will roll 100% of their existing shares into equity of the combined company ZEPHYR COVE, Nev. and SAN JOSÉ, Costa Rica, Aug. 15, 2023 (GLOBE NEWSWIRE) -- two (NYSE:TWOA) ("TWOA"), a special purpose acquisition company, and LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) ("LLP"), a

For Immediate Release: May 04, 2021 The U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 pandemic: The FDA Center for Drug Evaluation and Research (CDER) continually monitors our ability to meet user fee commitments. To maintain transparency during the COVID-19 public health emergency, CDER posts periodic updates to the CDER’s Work to

For Immediate Release: April 30, 2021 The U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 pandemic: On April 28, the FDA approved an abbreviated new drug application (ANDA) for 23.4% Sodium Chloride Injection USP, 120 mEq/30 mL (4 mEq/mL) single dose vial, indicated as an additive in parenteral (injection) fluid therapy for use in pat

For Immediate Release: April 30, 2021 Today, the U.S. Food and Drug Administration approved Farxiga (dapagliflozin) oral tablets to reduce the risk of kidney function decline, kidney failure, cardiovascular death and hospitalization for heart failure in adults with chronic kidney disease who are at risk of disease progression.   “Chronic kidney disease is an important public health issue, and there is a signif

For Immediate Release: April 27, 2021 The U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 pandemic: As part of the FDA’s effort to protect consumers, the agency issued a warning letter to an operator of one website, www.pharmacygeoff.md for marketing unapproved drugs for multiple diseases, including COVID-19. Drugs that have circumven

For Immediate Release: April 23, 2021 Following a thorough safety review, including two meetings of the CDC’s Advisory Committee on Immunization Practices, the U.S. Food and Drug Administration and the U.S. Centers for Disease Control and Prevention have determined that the recommended pause regarding the use of the Johnson & Johnson (Janssen) COVID-19 Vaccine in the U.S. should be lifted and use of the vaccine

For Immediate Release: April 23, 2021 The U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 pandemic: As part of the agency’s regulatory processes for reviewing all manufacturing facilities, the FDA recently completed an inspection of Emergent BioSolutions, a proposed manufacturing facility for the Johnson & Johnson COVID-19 Vaccine. Th

For Immediate Release: April 20, 2021 The U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 pandemic: Today, the FDA took steps to further facilitate the authorization of tests for pooling specimens from asymptomatic individuals in serial testing programs. The FDA issued a pooling and serial testing amendment for many molecular diagnost

For Immediate Release: April 16, 2021 The U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 pandemic: As part of the FDA’s effort to protect consumers, the agency issued a warning letter jointly with the Federal Trade Commission to Trinity Natural Health & Pain Management, Inc. for selling an unapproved product with fraudulent COVID-19

For Immediate Release: April 09, 2021 The U.S. Food and Drug Administration (FDA), today, announced the following actions taken in its ongoing response effort to the COVID-19 pandemic: The FDA issued a letter to health care personnel and facilities recommending transition from use of decontaminated disposable respirators. The FDA is recommending health care personnel and facilities transition away from crisis

For Immediate Release: April 08, 2021 Statement From: Statement Author Leadership Role Acting Commissioner of Food and Drugs - Food and Drug Administration Janet Woodcock M.D. Leadership Role Director - Center for Food Safety and Applied Nutrition (CFSAN) Susan T.