Latest news with #ATIS
Yahoo
2 days ago
- Business
- Yahoo
American Trust Investment Services Serves as Exclusive Placement Agent for Fly-E Group Inc.'s Follow-On Offering
Firm Supports Capital Raise to Advance Expansion in Electric Mobility NEW YORK, June 4, 2025 /PRNewswire/ -- American Trust Investment Services, Inc. (ATIS) is pleased to announce its role as the exclusive placement agent for Fly-E Group Inc. (NASDAQ: FLYE) in connection with the company's follow-on public offering. The offering consists of 28,595,553 shares of common stock and 57,191,106 warrants to purchase common stock, with a public offering price of $0.2428 per share and accompanying warrants, for expected gross proceeds of approximately $6.94 million, before deducting placement agent fees and offering expenses. Each share is being offered together with two five-year warrants, exercisable immediately at 120% of the offering price. Fly-E Group Inc. is a U.S.-based electric vehicle company focused on the design, distribution, and retail of smart electric motorcycles, e-bikes, scooters, and related accessories under the Fly E-Bike brand. The company currently operates more than 30 retail stores across the United States and has plans to expand into new international Markets. The net proceeds from the offering will be used to support inventory purchases, vehicle production, and general corporate purposes, as outlined in the company's registration Statement. "This is an exciting and important transaction for Fly-E," said James Dever, Chief Executive Officer of ATIS. "We're proud to support their mission and growth strategy as they scale operations and build market leadership in sustainable mobility." "This offering reflects our continued focus on partnering with founder-driven, high-growth companies," added Ian Lippy, Chief Operating Officer of ATIS. "We look forward to seeing Fly-E's expansion accelerate with the backing of new capital and committed investors." About American Trust Investment Services, Inc. American Trust Investment Services, Inc. (ATIS) is a leading investment bank and financial services firm, providing tailored capital markets solutions for emerging and established companies. Headquartered in Chicago, with offices nationwide, ATIS offers a full suite of investment banking, brokerage, and advisory services. The firm is recognized for its hands-on approach and long track record of guiding businesses through complex financial transactions with integrity and expertise. For more information, visit Media & Company Contact: Ian E. Lippy American Trust Investment Services, Inc. (ATIS) media@ View original content to download multimedia: SOURCE American Trust Investment Services, Inc.
Yahoo
20-05-2025
- Business
- Yahoo
Health In Tech to Participate as Gold Sponsor at American Trust Investment Services National Conference 2025
STUART, Fl., May 20, 2025 /PRNewswire/ -- Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, today announced that CEO Tim Johnson and CFO Julia Qian will represent the company as a Gold Sponsor at the American Trust Investment Services National Conference 2025, to be held June 16–18, 2025, at the Andaz Hotel in San Diego, California. Hosted by American Trust Investment Services, this exclusive event will bring together registered representatives, advisors, and preferred sponsors for an immersive three-day conference focused on business growth, collaboration, and innovation in financial services. As a Gold Sponsor, Health In Tech will showcase its leading AI-backed underwriting technology and self-funded healthcare solutions designed for small and mid-sized businesses. "We're excited to join the 2025 American Trust National Conference as a Gold Sponsor," said Tim Johnson, Chairman & CEO of Health In Tech. "This event provides a unique opportunity to connect with influential advisors and share how our platform is enhancing transparency, efficiency, and affordability in healthcare benefits." HIT will actively participate in one-on-one meetings, engage with attendees in the vendor room, and present its strategic vision to raise awareness of its platform and highlight its role in driving innovation across the healthcare industry. About Health In Tech Health In Tech (Nasdaq: "HIT") is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at About American Trust Investment Services American Trust Investment Services, Inc. ("ATIS") is a privately owned boutique broker-dealer and investment advisory firm serving clients nationwide. ATIS offers a full range of traditional and alternative investment solutions, including wealth management, insurance consulting, and access to capital markets. With clearing services through RBC and custodial relationships with leading financial institutions, ATIS is committed to supporting advisors through integrity, flexibility, and personalized service. Learn more at Use of Forward‑Looking Statements Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about Health In Tech's possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "design," "target," "aim," "hope," "expect," "could," "intend," "plan," "anticipate," "estimate," "believe," "continue," "predict," "project," "potential," "goal," or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to Health In Tech's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause Health In Tech's actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond Health In Tech's control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Health In Tech's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to Health In Tech's operations, results of operations, growth strategy and liquidity. Investor ContactInvestor Relationsir@ View original content to download multimedia: SOURCE Health In Tech Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
08-05-2025
- Business
- Business Wire
ATIS Group to Acquire Lati Paraguay from Millicom, Expanding Tower Footprint in the Southern Cone
BUENOS AIRES, Argentina--(BUSINESS WIRE)--ATIS Group ('ATIS'), a leading digital infrastructure provider in Latin America, today announced that it has entered into a definitive agreement, signed on April 26, 2025, with Millicom (NASDAQ: TIGO) to acquire Lati Paraguay, a subsidiary owning approximately 300 wireless communications towers in Paraguay. This transaction marks another milestone in ATIS's strategic expansion across the Southern Cone, reinforcing its position as the region's premier independent tower company. As part of the agreement, ATIS and Tigo Paraguay have also entered into a long-term leaseback arrangement, under which ATIS will lease tower infrastructure to Tigo Paraguay to continue supporting its mobile network operations. The final number of towers covered under the leaseback will be determined at the time of closing, which is expected to take place in the near term. 'ATIS seeks to develop, own and operate best-in-class mission-critical assets such as wireless telecommunications towers,' said Juan Pablo Blanco, CEO of ATIS Group. 'This acquisition – along with prior ones from Telefónica Uruguay and SBA in Argentina – underscores ATIS' commitment to the Southern Cone region of Latin America. This important agreement with Tigo is in line with our strategy of long-term partnerships with leading wireless communications operators in the region.' Since the majority acquisition by Towerco Investments LLC in 2022, ATIS has grown from managing 185 sites in Argentina to operating over 1,000 sites across Argentina, Uruguay, and now Paraguay. The acquisition of Lati Paraguay marks the next chapter in ATIS's mission to deliver future-ready infrastructure that meets the region's accelerating connectivity needs. Advisors Aldo J. Polak acted as financial advisor to ATIS. Daniel Hartstein of Szenberg & Okun PLLC and Estudio Gross Brown served as legal counsel to ATIS. Millicom was represented by Winston & Strawn LLP and BKM | Berkemeyer. About ATIS Group Founded in 2016 in Argentina, ATIS Group is the leading independent tower company operating across the Southern Cone of Latin America. With a growing portfolio of digital infrastructure assets and long-term partnerships with leading mobile network operators, ATIS plays a central role in advancing connectivity and enabling digital transformation across the region. About Millicom Millicom (NASDAQ: TIGO) is a leading provider of fixed and mobile telecommunications services in Latin America. Through its TIGO® and Tigo Business® brands, the company provides a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of March 31, 2025, Millicom, including its Honduras Joint Venture, employed approximately 14,000 people and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg with principal executive offices in Doral, Florida.
Yahoo
10-04-2025
- Business
- Yahoo
American Trust Investment Services Leads Tianci International's Uplisting to Nasdaq Capital Market
Firm Advances Cross-Border Capital Markets Presence with Strategic Uplisting NEW YORK, April 10, 2025 /PRNewswire/ -- American Trust Investment Services, Inc. (ATIS) announces the successful pricing of Tianci International, Inc.'s (NASDAQ: CIIT) uplisting to the Nasdaq Capital Market. ATIS served as the lead underwriter, with Prime Number Capital, LLC acting as co-manager. The offering comprises 1,750,000 shares of common stock at a public offering price of $4.00 per share, resulting in gross proceeds of $7 million, before deducting underwriting discounts and offering expenses. Shares will begin trading on the Nasdaq Capital Market on April 10, 2025, under the ticker symbol "CIIT." This uplisting marks a meaningful development in Tianci's corporate evolution and reflects ATIS's ability to navigate complex capital markets transactions across borders and industries. Tianci International, Inc. is a holding company focused on logistics and shipping services through its operating subsidiary. The company provides sea freight forwarding solutions and develops and maintains logistics software designed to support efficient and reliable international trade operations. The net proceeds from the offering will be used as outlined in the prospectus, including the expansion of service offerings, enhancement of technology infrastructure, and other general corporate purposes. "We are pleased to have played a key role in Tianci International's transition to the Nasdaq Capital Market," said James F. Dever, Chief Executive Officer of ATIS. "Our team is committed to helping issuers access U.S. capital markets efficiently and with confidence." "Tianci operates in a space that's essential to global commerce," said Ian E. Lippy, Chief Operating Officer of ATIS. "Guiding the company through this uplisting reflects the level of expertise, coordination, and market access we bring to every transaction." ATIS's active participation as a Nasdaq member firm supported the successful completion of this process. ATIS continues to expand its investment banking platform, advising a diverse range of companies on capital raises, uplistings, and cross-border transactions. The firm continues to deliver strategic capital markets solutions with a focus on precision execution, global market access, and long-term client success. About Tianci International, Inc. Tianci International, Inc. (NASDAQ: CIIT) is a holding company primarily engaged in logistics solutions through its subsidiary. The company offers sea freight forwarding services and specializes in the development and maintenance of logistic software, aiming to provide efficient and reliable shipping services that promote global trade connectivity. For more information, visit About American Trust Investment Services, Inc. American Trust Investment Services, Inc. (ATIS) is a premier investment banking and financial services firm, providing tailored capital markets solutions for emerging and established companies. Headquartered in Chicago, with offices nationwide, ATIS offers a full suite of investment banking, brokerage, and advisory services. The firm has built a strong reputation for guiding businesses through complex financial transactions with a focus on integrity, expertise, and client more information, visit Media & Company Contact:Ian E. LippyAmerican Trust Investment Services, Inc. (ATIS)media@ View original content to download multimedia: SOURCE American Trust Investment Services, Inc. Sign in to access your portfolio
Associated Press
10-03-2025
- Business
- Associated Press
ATIS Appoints Jim Fox as CEO to Lead Next Phase of Growth
ST. LOUIS, March 10, 2025 (GLOBE NEWSWIRE) -- ATIS, a premier provider of elevator and escalator safety inspections, consulting, and managed services, is pleased to announce the appointment of Jim Fox as CEO. ATIS is honored to welcome Jim Fox as CEO, a seasoned executive with over a decade of experience in leading high-performing teams and driving organizational growth. In his new role, Mr. Fox will play an instrumental part in advancing ATIS's vision of becoming the global leader in vertical transportation inspections, consulting, and managed services. Mr. Fox joins ATIS from Colibri Group, a St. Louis-based technology and services company specializing in the professional education market, where he most recently served as Chief Growth Officer and Chief Financial Officer and helped establish Colibri as a leader within its category. During his tenure at Colibri, Mr. Fox was pivotal in formulating and executing comprehensive growth strategies, identifying new market opportunities, fostering product innovation, and overseeing nearly 20 acquisitions, all of which translated to improved client success and a nearly 8x increase in revenue during his 6-year tenure. Prior to his role at Colibri Group, Mr. Fox held leadership positions at Suddenlink and TierPoint. His career spans diverse industries, and he has demonstrated success in leading organizations of varying sizes across end markets, both domestically and internationally. 'I've known Jim for over 10 years and his exceptional leadership, financial acumen, and strategic vision make him ideally suited to lead ATIS as we continue to execute on our ambitious growth objectives,' stated Chip Smith, ATIS Co-Founder and Board Member. 'Attracting Jim as CEO speaks volumes about our Team and the opportunities ahead of us, and we are confident that his expertise will be invaluable in driving the company's ongoing success and further enhancing our market position globally.' Tom St. Geme, Director at Thompson Street Capital Partners and ATIS Board Member, added, 'We have partnered closely with Jim in the past on other successful portfolio companies and view him as a rare talent. We are thrilled to have Jim step into the role of CEO and believe his proven track record of driving growth and innovation will be instrumental in taking ATIS and our customers to new heights.' About ATIS ATIS ( is one of North America's largest providers of vertical transportation consulting, inspections, and managed services. With a team of more than 200 inspectors and consultants, ATIS provides unparalleled service across the US and Canada to more than 15,000 customers, promoting the safety and performance of nearly 100,000 elevators and escalators. Renowned for its commitment to excellence and innovation, ATIS provides expert consulting services for a wide range of projects across all sectors, including new construction, modernization, and asset management, with fully managed elevator solutions that include maintenance management, emergency communications, and certificate compliance management. Rachel Baker
