Reply To: Traders Market Weekly: Jobs, Inflation and PMI Pressures

#42337
Truman
Participant

Corporate events:

Shareholders Software Acquisition Group III (NASDAQ:SWAG) will vote on August 22 on the deal to take commerce-as-a-service technology provider Nogin public as part of a SPAC merger. The combined firm will have an estimated post-transaction enterprise value of $646M, assuming no redemptions by SWAG stockholders.

Rite Aid (RAD) will host a virtual shareholder investor event on August 22 with CEO Heyward Donigan and CFO Matt Schroeder scheduled to answer questions from interest parties. Heading into the event, stock has been the subject of activist speculation and has a high level of short interest outstanding on it.

Also on August 22, Cisco (CSCO) and Loop Capital Host a Tech Talk on Cisco’s Optical Business.