Global Net Lease Inc Stock Price, News & Analysis

CompoSecure has appointed Amanda Gourbault as Chief Revenue Officer to lead its sales, marketing, and revenue management initiatives. With over 25 years in the payments industry and notable experience at IDEMIA, she aims to drive growth for CompoSecure’s premium payment cards and digital asset solutions. The company has scheduled a special meeting for Roman DBDR stockholders on December 23, 2021, to discuss the proposed merger with CompoSecure, following its initial public offering which raised $236 million in November 2020.

CompoSecure Holdings will present at the B. Riley Securities' Live Crypto Conference on December 8, 2021, led by CEO Jonathan C. Wilk and CIO Adam Lowe. This invitation-only event focuses on public digital asset companies and aims to enhance knowledge sharing among U.S. institutional investors. Additionally, CompoSecure and Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR) recently announced a special meeting for stockholders to discuss their proposed merger, scheduled for December 23, 2021 at 10:00 a.m. ET. Further details are available via the SEC and CompoSecure's websites.

Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR) has scheduled a Special Meeting for December 23, 2021, to discuss the proposed business combination with CompoSecure Holdings. Stockholders holding Class A and B common stock as of November 1, 2021, will vote on the Merger Agreement and related proposals. The meeting will be virtual, and stockholders can attend via a designated link. If approved, the merger is expected to close shortly thereafter, pending all closing conditions. Additional details can be found in the definitive proxy statement filed with the SEC.

Global Net Lease (GNL) reported a robust financial performance for Q3 2021. Revenue surged 15.8% to $95.8 million compared to $82.7 million in Q3 2020. The company achieved a net income of $2.4 million, an improvement from a loss of $0.5 million in the previous year. Net operating income increased 18.4% to $89.0 million. Core FFO rose 27.4% to $44.1 million. GNL maintained a high lease rate at 99.1% and collected nearly 100% of its original cash rents, emphasizing strong portfolio performance.

CompoSecure has unveiled its new Arculus business solution aimed at enhancing customer data protection and reducing fraud across various sectors, including eCommerce and online banking. Debuting at Money 20/20 in Las Vegas from October 24-27, the Arculus technology enables secure digital transactions via a FIDO-enabled internet ID and payment card. This innovation is timely as global retail sales are expected to hit $4.9 trillion this year, amid rising fraud costs projected to reach $40.62 billion by 2027. A merger with Roman DBDR Tech Acquisition Corp. is also in progress, aiming for a combined valuation of $1.2 billion.

Global Net Lease, Inc. (NYSE: GNL) announced it will release its third quarter financial results for the period ending September 30, 2021, on November 4, 2021, before trading begins. The company will also host a conference call on the same day at 1:00 p.m. ET to discuss results and engage with analysts and investors. Interested parties can access the call via the GNL website or through provided dial-in numbers. GNL is focused on acquiring a diversified portfolio of commercial properties, particularly in sale-leaseback transactions across the U.S. and Europe.

CompoSecure announced that Chief Innovation Officer Adam Lowe will speak at the Empire Fintech Conference on October 19, 2021. He will discuss the impact of Arculus™, a cryptocurrency cold storage solution, on the fintech sector. The fintech market is projected to reach $324 billion by 2026, showcasing resilience amid the pandemic. Lowe emphasizes the importance of blockchain for data protection in fintech. The conference will feature industry leaders discussing blockchain trends. CompoSecure's merger with Roman DBDR is expected to close in the second half of 2021, valuing the combined company at $1.2 billion.

CompoSecure has launched the Arculus Key card, a cryptocurrency cold storage solution, now available for $99. This device, along with the Arculus Wallet app, enhances security with 3-factor authentication and provides air-gapped protection against hacking. The Arculus Wallet supports various cryptocurrencies and allows users to buy, send, and swap easily. CompoSecure's merger with Roman DBDR Tech Acquisition Corp. is anticipated to close in H2 2021, establishing a pro forma enterprise value of approximately $1.2 billion.

Global Net Lease (NYSE: GNL) announced the acquisition of a 90,000 sq. ft. Walmart Learning Center in Bentonville, Arkansas, for $40.6 million. This facility, leased to Walmart, serves as a primary training site for associates globally, with a lease term remaining of seven years. Additionally, GNL secured two industrial properties leased to Pilot Point Steel for $14.2 million. YTD, GNL has acquired nine properties totaling $381 million, with a weighted average capitalization rate of 9.74% and remaining lease terms averaging 16.9 years.