- America’s Car-Mart, Inc. closed a **new five-year, $300 million funded term loan facility** on October 30, 2025, provided by funds managed by Silver Point Capital, L.P..  **[96223_ebdb434cd70d4286aa09c3fe88c1169a_0]** 
- The Company **fully repaid the outstanding balance under its asset-backed line of credit (ABL)**, aiming to simplify its balance sheet and create a more flexible and scalable capital structure.  **[96223_ebdb434cd70d4286aa09c3fe88c1169a_0]** 
- The new term loan matures on **October 30, 2030**, and bears interest at **SOFR plus 7.50% per annum**.  **[96223_ebdb434cd70d4286aa09c3fe88c1169a_0]** 
- In connection with the loan, America's Car-Mart issued Silver Point Capital **warrants to purchase up to 10%** of the Company’s fully diluted outstanding shares of common stock.  **[96223_ebdb434cd70d4286aa09c3fe88c1169a_0]**

America's Car-Mart Closes $300 Million Term Loan

- Pomerantz LLP is investigating Jefferies Financial Group Inc. (JEF) for potential securities fraud or other unlawful business practices.  **[96223_20251028DC08396:0]** 
- The investigation is connected to the bankruptcy of auto supplier First Brands, which is being probed for alleged accounting misrepresentations.  **[96223_20251028DC08396:0]** 
- Jefferies' asset-management unit, Point Bonita Capital, is owed approximately **$715 million** from companies that purchased parts from First Brands.  **[96223_20251028DC08396:0]** 
- Following news of these developments, Jefferies' stock price fell **7.88%** on **October 8, 2025**, and an additional **2.63%** on **October 9, 2025**.  **[96223_20251028DC08396:0]**

Jefferies Financial Group Faces Investor Investigation Amid Auto Supplier Bankruptcy

- Robbins Geller Rudman & Dowd LLP has launched an investigation into **Jefferies Financial Group Inc.** for potential violations of U.S. federal securities laws, focusing on whether the company and its executives made false or misleading statements or failed to disclose material information.  **[96223_91e020c06ec2470eb4f4d033200574ef_0]** 
- The investigation is linked to Jefferies' involvement with **First Brands**, an auto supplier that filed for bankruptcy amidst accounting questions and a U.S. Department of Justice inquiry into its collapse and dealings with creditors.  **[96223_91e020c06ec2470eb4f4d033200574ef_0]** 
- Jefferies' asset-management unit, Point Bonita Capital, is reportedly owed approximately **$715 million** from companies that purchased First Brands' parts.  **[96223_91e020c06ec2470eb4f4d033200574ef_0]** 
- Reports indicate that Jefferies assisted First Brands' former CEO in an attempt to refinance nearly **$6 billion** of corporate loans, with allegations that billions in off-balance-sheet debt were not disclosed to prospective lenders.  **[96223_91e020c06ec2470eb4f4d033200574ef_0]**

Jefferies Financial Group Under Investigation

- **Shift4** has entered into exclusive negotiations to **acquire Worldline's North American subsidiaries**, which include Bambora Inc, Bambora Holding Corp, Bambora Corp, and Worldline SMB US, Inc.  **[96223_c15a8e28ae774776addd415131309f5c_0]** 
- The contemplated transaction is expected to **close in the first quarter of 2026**, pending customary approvals.  **[96223_c15a8e28ae774776addd415131309f5c_0]** 
- This acquisition is seen as a significant cross-sell opportunity for Shift4, as Bambora North America serves **over 140,000 merchants** across the United States and Canada.  **[96223_c15a8e28ae774776addd415131309f5c_0]** 
- **Jefferies** acted as the **sole financial adviser to Worldline SA** in this transaction.  **[96223_c15a8e28ae774776addd415131309f5c_0]**

Shift4 to Acquire Worldline's North American Subsidiaries

- Minerva Neurosciences has secured up to **$200 million** in gross proceeds through a private placement, consisting of **$80 million** upfront funding, up to an additional **$80 million** from Tranche A warrants, and a potential **$40 million** from Tranche B warrants.  **[96223_8bcf27ac455b44618131e7838058cdec_1]** **[96223_8bcf27ac455b44618131e7838058cdec_0]** 
- The proceeds are intended to finance the confirmatory Phase 3 trial of roluperidone, prepare and resubmit its New Drug Application (NDA) to the FDA, and ready the commercial launch of roluperidone in the U.S., if approved.  **[96223_8bcf27ac455b44618131e7838058cdec_1]** **[96223_8bcf27ac455b44618131e7838058cdec_0]** 
- Minerva and the FDA have established a clear path forward for roluperidone's clinical development and NDA resubmission, including the design of the confirmatory Phase 3 trial.  **[96223_8bcf27ac455b44618131e7838058cdec_0]** **[96223_8bcf27ac455b44618131e7838058cdec_1]** 
- As part of the financing, up to **three additional directors** with significant schizophrenia clinical trial experience are expected to be appointed to Minerva's board of directors.  **[96223_8bcf27ac455b44618131e7838058cdec_0]** **[96223_8bcf27ac455b44618131e7838058cdec_1]**

Minerva Neurosciences Secures Up to $200 Million Financing to Advance Roluperidone

- Robbins Geller Rudman & Dowd LLP is investigating **Jefferies Financial Group Inc.** for potential violations of U.S. federal securities laws, focusing on whether the company and its executives made false or misleading statements or failed to disclose material information.  **[96223_df1e6598d35b4255b1dcc320a646df34_0]** 
- The investigation is linked to the bankruptcy of auto supplier First Brands, where Jefferies' asset-management unit, Point Bonita Capital, is owed approximately **$715 million**.  **[96223_df1e6598d35b4255b1dcc320a646df34_0]** 
- Reports indicate that First Brands' former CEO, with assistance from Jefferies, attempted to refinance nearly **$6 billion** in corporate loans without disclosing billions in off-balance-sheet debt.  **[96223_df1e6598d35b4255b1dcc320a646df34_0]** 
- The U.S. Department of Justice has also initiated an inquiry into the collapse of First Brands Group and its dealings with creditors.  **[96223_df1e6598d35b4255b1dcc320a646df34_0]**

Robbins Geller Launches Investigation into Jefferies Financial Group

- Jefferies reported strong financial performance, with net revenues growing **86%** since fiscal 2019 to **$7.2 billion** on an LTM basis for 2025, and a **13.6%** standalone Return on Tangible Equity (ROTE) for Q3 2025.  **[96223_0001140361-25-038352_ef20057341_ex99-1.htm:7]** 
- The company has significantly advanced its market position, now ranking **fifth** in global publicly reported advisory revenues and **sixth** in global M&A, substantially closing the gap with larger competitors.  **[96223_0001140361-25-038352_ef20057341_ex99-1.htm:10]** 
- The strategic partnership with **SMBC** is expected to be a "game changer," enhancing Jefferies' global investment banking services with SMBC's lending capabilities and access to the Japanese market, including a planned equities joint venture starting in 2027.  **[96223_0001140361-25-038352_ef20057341_ex99-1.htm:2]** **[96223_0001140361-25-038352_ef20057341_ex99-1.htm:11]** **[96223_0001140361-25-038352_ef20057341_ex99-1.htm:14]** **[96223_0001140361-25-038352_ef20057341_ex99-1.htm:29]** 
- Jefferies maintains a robust capital structure, with Q3 2025 tangible gross leverage at **8**, within its target operating range, and a record **$12 billion** in cash at quarter end.  **[96223_0001140361-25-038352_ef20057341_ex99-1.htm:37]**

Jefferies Financial Group Inc. Reports Strong Q3 2025 Performance and Strategic Partnership Progress

- Man Group PLC reported **record assets under management (AUM)** of **$213.9 billion** as of **September 30, 2025**, representing a **22% increase** over the past 12 months and surpassing analyst expectations of $201.7 billion.  **[96223_0250d77620d54d63acd5c56da2a4d614]** 
- This AUM growth was driven by **$10 billion in investment performance** and **$9.7 billion in net positive inflows**, with the latter significantly exceeding analyst expectations of $1.7 billion.  **[96223_0250d77620d54d63acd5c56da2a4d614]** 
- Following the announcement, shares of Man Group rose between **2.0% and 2.6%** in London, reaching six-month highs.  **[96223_0250d77620d54d63acd5c56da2a4d614]** 
- The firm has diversified its product offerings by launching **actively-managed bond ETFs** and is undergoing significant restructuring under CEO Robyn Grew.  **[96223_0250d77620d54d63acd5c56da2a4d614]**

Man Group Reports Record Assets Under Management

- The Schall Law Firm is investigating **Jefferies Financial Group Inc.** for potential violations of securities laws, specifically regarding whether the company issued false or misleading statements or failed to disclose pertinent information to investors.  **[96223_7aebb22205b947578f7d1f77b95b55b1_0]** 
- This investigation follows Jefferies' admission on **October 8, 2025**, that it had approximately **$715 million** in exposure to the receivables of the bankrupt First Brands Group.  **[96223_7aebb22205b947578f7d1f77b95b55b1_0]** 
- The admitted exposure represents about **25%** of the trade finance portfolio of Jefferies' Point Bonita subsidiary.  **[96223_7aebb22205b947578f7d1f77b95b55b1_0]** 
- Following this disclosure, shares of Jefferies fell by about **8%** on the same day.  **[96223_7aebb22205b947578f7d1f77b95b55b1_0]**

Jefferies Financial Group Faces Fraud Investigation by Schall Law Firm

- Jefferies reported **Net Revenues of $7.2 billion** for LTM Q3'25, an **86% increase** from 2019, and **Net Earnings of $4.647 billion** for the 2020-Q3'25 period.  **[0000096223_2187428:6]** **[0000096223_2187428:10]**  The firm's **Investment Banking Net Revenues reached $3.6 billion** for LTM Q3 2025, securing a **#6 global ranking** in Investment Banking, Global M&A, and Global ECM.  **[0000096223_2187428:6]** **[0000096223_2187428:14]** 
- The company achieved **record LTM Equities Revenues of $1.8 billion** and a **record Global Equities Cash Market Share of 5.0%** in Q2'25.  **[0000096223_2187428:6]**  International revenue now accounts for **42% of global revenue**, up from 34% in 2019.  **[0000096223_2187428:20]** 
- SMBC plans to increase its equity ownership in Jefferies from **14.5% to up to 20%** and will provide **$2.5 billion in new credit facilities** to support Jefferies' growth.  **[0000096223_2187428:9]**  A Japan Equities Joint Venture between the two entities is scheduled to launch in **January 2027**.  **[0000096223_2187428:9]** 
- Jefferies operates as a **pure-play Global Investment Banking & Capital Markets Firm**, employing **3,500 individuals in the Americas, 1,400 in EMEA, and 700 in Asia**.  **[0000096223_2187428:5]**

Jefferies Financial Group (JEF)