April 2, 2024 NCM: Advisor, Sole Placement Agent for Applied Digital Corp Financing DALLAS, April 01, 2024 (GLOBE NEWSWIRE) — Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced that the Company recently entered into a private financing agreement with a single investor (the “Investor”), in which it issued a $50 million unsecured convertible debenture. The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks. The conversion price for the note is the lower (a) $6.00 and (b) 95% of the lowest daily volume weighted average price of the Company’s common stock during the five trading days immediately prior to the date of conversion, subject to a floor price of $3.00, except that the Investor may, at its option, elect to use the $6.00 fixed conversion price. The Investor is limited to converting no more than $9.0 million per month, and may only begin to convert after May 1, 2024, except that these limitations do not apply if there’s an event of default and the conversion price is set at $6.00. Subject to the Investor’s right to convert, the Company may prepay the note at any time that the Company’s common stock trades below $6.00 or the tenth trading day after the registration statement registering the resale of the note’s underlying shares becomes effective. The Investor has contractually agreed not to short the stock during the term of the note. Northland Capital Markets acted as advisor and sole placement agent for the Company on the financing. NCM Contacts: Dave Levine and Ted Warner Learn More: Applied Digital Corporation’s Press Release (April 1. 2024)
March 28, 2024 NCM: Served as Sole Placement Agent for Spectral AI, Inc.’s PIPE Offering DALLAS, March 20, 2024 (GLOBE NEWSWIRE) — Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced that it has entered into a fixed price prepaid advance and standby equity purchase agreement (“SEPA”) with a long-only investor. Total capacity under the SEPA is $30.0 million, consisting of a prepaid advance of $12.5 million, $5.0 million of which was funded today with a fixed conversion price of $3.16. Any additional draws above the prepaid advances are at the sole discretion of the Company. Northland Capital Markets advised the Company and acted as the sole placement agent. Learn more: Spectral AI’s Press Release (March 20, 2024)
February 27, 2024 NCM: Served as Co-Manager for Supermicro’s Offering of Convertible Notes SAN JOSE, Calif.–(BUSINESS WIRE)–Super Micro Computer, Inc. (NASDAQ: SMCI) (“Supermicro” or the “Company”), a Total IT Solution Manufacturer for AI, Cloud, Storage, and 5G/Edge, today announced the pricing of $1.5 billion aggregate principal amount of convertible senior notes due 2029 (the “Convertible Notes”). The Convertible Notes are being offered and sold to “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also granted a 13-day option to the initial purchasers to purchase up to an additional $225.0 million aggregate principal amount of the Convertible Notes. Northland Capital Markets served as Co-Manager on the deal. Learn more: Super Micro Computer, Inc. Press Release (2/23/24)
February 26, 2024 Northland Networks: WI Senior Housing Acquisition Loan Closed Northland Networks has recently closed another Senior Housing Acquisition Loan. The financing was for a Skilled Nursing, Assisted Living, and Independent Living campus in Sister Bay, Wisconsin. Despite economic volatility and high Interest Rates, Northland Networks continues to be successful in closing Commercial Real Estate deals. We partner with quality, well run lending institutions and strong borrowers that are well collateralized. This makes working with Northland a smart choice for any lender looking to buy or sell any type of loan, especially Commercial Real Estate. Contact Seth Kahn and the Networks Team regarding loan participation opportunities. More information: Northland Networks: Continuum Healthcare Senior Housing Campus – SisterBay WI (2/22/24)
February 26, 2024 Northland Networks: Placement Agent on Refinancing Loan for NM Hotel Property Northland Networks acted as Placement Agent to place a portion of a refinancing loan for a La Quinta Inn in Albuquerque, New Mexico. Despite economic volatility and rising Interest Rates, Northland Networks continues to be successful in closing Commercial Real Estate deals. We partner with quality lending institutions that are well collateralized. This makes working with Northland a smart choice for any lender looking to buy or sell a loan, especially in the realm of Commercial Real Estate. Contact Seth Kahn and the Networks Team regarding loan participation opportunities. More information: Northland Networks: Albuquerque, NM La Quinta Inn Refinancing Loan (2/11/24)
February 7, 2024 NCM: Served as Lead Manager for Rekor’s Stock Offering COLUMBIA, MD — February 7, 2024 — Rekor Systems, Inc. (Nasdaq:REKR) (“Rekor” or the “Company”), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced the pricing of its underwritten public offering of 10,000,000 shares of its common stock (the “Common Stock”) at a price to the public of $2.50 per share. Closing of the offering is expected to occur on or about February 9, 2024, subject to customary closing conditions. In addition, Rekor has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Common Stock at the public offering price less the underwriting discounts and commissions. William Blair is acting as sole book-running manager for the offering. Northland Capital Markets is acting as lead manager. Learn more: Rekor Systems, Inc.’s Press Release (2/7/2024)
February 5, 2024 Northland Networks Attending the NIC 2024 Spring Conference Northland Networks will be attending the NIC 2024 Spring Conference in Dallas, March 5-7. This National Investment Center for Seniors Housing & Care (NIC) conference recognizes that partnerships between housing, financing, and healthcare leaders will be key to building a healthier future for America’s older adults. Integrating the healthcare services with the housing environment will lead to greater options for future care. The Northland Networks team is eager to meet senior living industry professionals and grow our network. Email us to schedule a meeting: skahn@northlandsecurities.com or abudniak@northlandsecurities.com. We’ll see you there! Northland Networks: NIC 2024 Spring Conference Announcement Learn more about Northland Networks
January 30, 2024 FNBO 2024 Investment Outlook Read this year’s Outlook for our perspective on artificial intelligence, the economy and investment strategies. 2024 Investment Outlook: Why Stay Invested When ChatGPT launched a revolutionary shift in artificial intelligence, generative AI became a major market driver. The 2024 Outlook takes a deep dive into this transformative technology, exploring its potential to enhance productivity and its impact on equity returns and profit growth. Beyond the realm of AI, the Outlook examines the resiliency of the U.S. economy, whether the housing market will recover, and how government deficits and high debt will affect the economy. Additionally, the team offers valuable insights into decelerating core inflation, emerging consumer stress and high corporate profitability. Recognizing the prevailing concerns among investors regarding macro-economic uncertainty, geopolitical risks and market volatility, the Outlook also provides an analysis of major asset classes and an outline of our investment strategy. FNBO 2024 Investment Outlook
December 26, 2023 NORTHLAND: New Look – and Outlook – for 2024 =============================================================================================== As of May 1, 2023, Northland Capital Holdings, Inc., was acquired by First National of Nebraska, Inc. This partnership will bring new opportunities for each corporate entity, and for our staff as we come together as one. This brings a new look for Northland Securities, Inc. and First National Capital Markets as we combine to become Northland – one name with even greater possibilities. We welcome the opportunity to tell you about Northland. And we look forward to what lies ahead in our bright future.
June 28, 2023 For Financial Representatives Looking for Change: Meet Northland Wealth Management YOUR TIME IS VALUABLE We’d like to buy you a cup of coffee and discuss how Northland Wealth Management can help you and your business. We’ll keep it short. We are a Midwest-based broker-dealer, and we focus on you and your clients like you are our family. At the end of the day, we work together to take care of your clients. If you’re interested in learning more, let’s talk about how Northland Wealth Management could be the right fit for you and your practice as a trusted partner for your future success. It’s as simple as a phone call, see our contact info below. Please let us know when you have some time to meet. NORTHLAND’S ADVANTAGES Locations in Minneapolis, Columbus, Denver, Detroit, Des Moines, Madison, Milwaukee Clearing Firm – Pershing LLC Northland Employee Benefits for Office Staff Ethical and Dedicated Culture Practical and Experienced Staff Responsive Compliance Team Solution-Driven Management 20+ Years of Firm History & Growth ABOUT NORTHLAND WEALTH MANAGEMENT At Northland Wealth Management, we deliver solutions for individuals’ long-term financial needs. Through experienced Financial Professionals and Registered Investment Adviser Representatives like you, we deliver a full spectrum of investment solutions to provide peace of mind for your clients. Our constant focus is on you, your clients, and your future with Northland Wealth Management.
