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Latest NewLead Holdings Ltd. Stories

2014-07-14 16:20:55

PIRAEUS, Greece, July 14, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that a 1-for-50 reverse stock split of its common shares has been approved by the Company's Board of Directors and by written consent of a majority of NewLead's shareholders, in order for the Company to achieve compliance with the minimum bid price requirement of $1.00 per share for continued listing on The NASDAQ Global Select Market ("NASDAQ"). The reverse...

2014-07-07 12:20:33

PIRAEUS, Greece, July 7, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that on June 23, 2014, in arbitration proceedings currently pending between the Company and Ironridge Global IV, Ltd. ("Ironridge"), the Company filed claims against Ironridge for breach of contract, fraudulent inducement of contract and fraud, securities market manipulation and misrepresentation in violation of United States federal securities laws, unjust...

2014-06-26 20:20:21

PIRAEUS, Greece, June 26, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that, on June 25, 2014, the Company received a letter from the NASDAQ Listing Qualifications Staff (the "Staff") of The NASDAQ Stock Market LLC ("NASDAQ") notifying the Company that the Staff has determined pursuant to its discretionary authority set forth in Listing Rule 5101 to delist the Company's securities based on public interest concerns raised by...

2014-06-26 08:21:16

PIRAEUS, Greece, June 26, 2014 /PRNewswire/ -- On June 18, 2014, NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced that the Company satisfied its obligations under the $44.8 million court ordered settlement agreement (referred to in the prior press release as a "balance sheet program") with MG Partners Limited ("MGP") and Hanover Holdings I, LLC ("Hanover"), all as more fully described in NewLead's current reports on Form 6-K, as initially filed on December...

2014-06-23 16:20:23

NEW YORK, June 23, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) has historically been an international shipping company that has been transforming into an international vertically integrated shipping and commodity company. NewLead engages in the transportation of refined products, such as gasoline and jet fuel, and dry bulk goods, such as iron ore, coal and grain. Since our last comment on April 21 NewLead has been the subject of a number of events and press releases...

2014-06-18 08:22:01

PIRAEUS, Greece, June 18, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that the Company completed the $44.8 million balance sheet program ("program") with Magna Group Partners Limited ("MGP") and Hanover Holdings I, LLC ("Hanover"). Through this program NewLead enhanced its balance sheet by $44.8 million by settling past-due indebtedness. The program allowed NewLead to complete the acquisition of one newbuilding eco-type 35,000...

2014-06-17 16:20:36

PIRAEUS, Greece, June 17, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that Ironridge Global IV, Ltd. ("Ironridge") has inappropriately, again, exercised "self-help" in directing the transfer agent to issue shares to it, after conceding in court that NewLead had made an election to pay the dividend and embedded dividend liability of the Promissory Note ("Note") in cash. NewLead has given notice of this election and, without...

2014-06-12 08:21:31

PIRAEUS, Greece, June 12, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that on June 3, 2014, NewLead received a Temporary Restraining Order against Ironridge Global IV, Ltd ("Ironridge") enjoining the issuance of further common shares of NewLead pursuant to its Series A Preference Shares. On June 11, 2014, the United States District Court, Southern District of New York ("Court") determined that a Preliminary Injunction against...

2014-06-05 08:20:51

PIRAEUS, Greece, June 5, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that on June 3, 2014, the Company was granted a Temporary Restraining Order ("TRO"), against Ironridge Global IV, Ltd. ("Ironridge") prohibiting the further issuance of common shares in payment of dividends on Series A Preference Shares ("Preference Shares") of NewLead. The TRO is pending the hearing and decision on Petition for Preliminary Injunctive Relief...

2014-05-22 08:26:37

Editor Note: For more information about this release, please scroll to bottom. NEW YORK, May 22, 2014 /PRNewswire/ -- Today, Analysts Review released its analysts' notes regarding NewLead Holdings Ltd. (NASDAQ: NEWL), GasLog Ltd. (NYSE: GLOG), Golar LNG Limited (NASDAQ: GLNG), Teekay Corporation (NYSE: TK) and Matson Inc. (NYSE: MATX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at:...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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