Vertex Stock News

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / SHERWOOD PARK, AB , March 7, 2022 /CNW/ - (TSXV: VTX ) – Vertex Resource Group Ltd. (" Vertex " or the " Corporation "), with reference to its previous news release dated February 25, 2022 , is pleased to announce that it closed the previously announced non-brokered private placement (the " Private Placement ") of $15,000,000 principal amount of a secured subordinated convertible debenture (" Convertible Debenture "). The completion of the Private Placement is a condition precedent to the proposed amalgamation with Cordy Oilfield Services Inc. (the " Amalgamation ") that was also announced in the Corporation''s prior news release dated February 24, 2022 . The Convertible Debenture has a five (5) year term (the " Term ") and will mature on March 7 , 2027. The Convertible Debenture bears interest at 8% per annum during the Term, payable monthly in arrears in cash. At any time during the Term, the holders of the Convertible Debenture may elect to convert the outstanding net principal amount, or any portion thereof, into common shares of Vertex (" Common Shares ") at a conversion price of $0.65 per share (the " Conversion Price ").

Vectrus Inc (NYSE: VEC ) entered a definitive agreement to combine with The Vertex Company in an all-stock merger . Vertex Company is headquartered in Madison, Mississippi, and employs ~6,000 employees. Vertex is majority-owned by American Industrial Partners Capital Fund VI LP. Vertex delivers integrated turnkey lifecycle support from concept definition to engineering and manufacturing. Vertex shareholders will own ~62% of the combined company, and Vectrus will own ~38%. The transaction implies a value for Vertex of ~$2.1 billion. The combined company would have 2021 pro forma revenue of ~$3.4 billion and adjusted EBITDA … Full story available on Benzinga.com

As Tesla, Nvidia and Microsoft struggle, CF Industries gets sold into strength and Union Pacific and Vertex buck the market correction.

The ideal scenario for this Vertex stock option trade is a rise up to 260 around April 14 with stable or rising implied volatility.

Vectrus Inc (NYSE: VEC) entered a definitive agreement to combine with The Vertex Company in an all-stock merger. Vertex Company is headquartered in Madison, Mississippi, and employs ~6,000 employe

Vectrus (VEC) and The Vertex Company have entered into an all-stock merger to create a leading global provider of mission-essential solutions.The combined company will offer…

Vectrus Inc. VEC, +0.98% announced Friday an agreement in which the facility and logistics services company will merge with Vertex Co., in a deal that values Vertex at about $2.1 billion. Vectrus stoc

UnitedHealth and Vertex Pharmaceuticals are among five medical stocks with healthy action in a weak market.

The major indexes are nearing February lows as the Ukraine invasion continues. Vertex leads five stocks holding up.

Vertex stock is the IBD Stock Of The Day after bounding off its key moving averages as excitement grows for its non-cystic fibrosis plans.

BOSTON--(BUSINESS WIRE)--Vertex to Present at Cowen’s 42nd Annual Health Care Conference on March 8

KING OF PRUSSIA, Pa., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) and its subsidiaries (“Vertex” or the “Company”), a leading global technology provider of indirect tax solutions, today announced it will release fourth quarter and full-year 2021 earnings before the market opens on March 9, 2022. A conference call to discuss its results will follow at 8:30 a.m. Eastern Time that same day.

KING OF PRUSSIA, Pa., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) and its subsidiaries (“Vertex” or the “Company”), a leading global technology provider of indirect tax soluti

CARY, N.C.--(BUSINESS WIRE)--Xerox® Elem™ Additive Solutions and Vertex Manufacturing announced an agreement to add the Xerox® ElemX™ 3D Printer to Vertex’s Cincinnati facility.