Latest news with #Estate
Business Wire
6 days ago
- Entertainment
- Business Wire
Chi Modu® Estate Retains Ownership of the Iconic Biggie Smalls Images
BUSINESS WIRE)--Following a confidential settlement reached in 2024 between the Estate of renowned photographer Chi Modu and the family of famed rapper Christopher Wallace, better known as Biggie Smalls and the Notorious BIG, the Modu family is delighted to announce that it retains sole ownership of the iconic hip-hop photos of Biggie. "Above all, I am happy that the Modu family maintains complete control of Chi's artistic work,' said Mrs. Modu. More specifically, the settlement confirmed a number of important principles: (1) the Chi Modu Estate alone owns the copyrighted images and, as such, the Estate is (2) free to sell copies of the photographs in any form including NFTs, and (3) those who wish to use the photographs for any purpose must obtain permission from the family and pay license fees to do so; and (4) the Wallace family alone controls Biggie's right of publicity. The settlement ensures that Chi's powerful images are unencumbered for editorial uses, purchases (including NFTs), and are available for limited licensing opportunities. Sophia Modu, the widow of Chi Modu, only now feels ready to publicly address the settlement and the impact of her husband's passing. 'It took a while for me to work through the settlement with Notorious B.I.G., LLC, and to be emotionally prepared to address this publicly. Above all, I am happy that the Modu family maintains complete control of his artistic work,' said Mrs. Modu. Chi Modu's images, captured during a groundbreaking era in '90s hip-hop history, remain a testament to his unique eye and cultural insight. 'Chi spent many years as the Director of Photography for The Source magazine in the '90s,' Mrs. Modu continued. 'While he was compensated very little for his artistic services, the magazine agreed that Chi would retain the rights to his photographs of hip-hop artists that graced its pages. Chi's photographs remain his—in life or in death.' With the litigation now behind them, the Estate looks forward to monetizing Chi's archival material through editorial channels, creative collaborations such as photographic exhibitions, and emerging platforms such as NFTs. 'Throughout the case, I've learned how crucial it is for photographers to understand their intellectual property rights. If creatives are not fully aware of the intersection of art, business, and law, they can unintentionally give others an excuse to claim their images or work products,' added Mrs. Modu. ArentFox Schiff LLP, a prominent national law firm, represented the Chi Modu estate in this matter on a pro bono basis. About The Chi Modu Estate Celebrating his 35+ year career in photography, the Estate of Christopher Chijioke Modu remains the sole owner and manager of the iconic photographs taken by the legendary artist and photojournalist, Chi Modu. Additionally, the Estate holds trademarks on Hip Hop Images™, his name, and his iconic signature. The estate manages the licensing of his archival material for collaborations, exhibitions, and emerging platforms such as NFTs. Its assets include unique photographs of The Notorious BIG, Tupac Shakur, Nas, Eazy-E, Snoop Dogg, Mary J. Blige, Ol' Dirty Bastard, and many other hip-hop icons. Please visit for images personally curated by Chi Modu or contact Sophia Modu: +1.917.558.2012
Yahoo
12-06-2025
- Business
- Yahoo
Byline Bancorp, Inc. Announces Closing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
CHICAGO, June 12, 2025--(BUSINESS WIRE)--Byline Bancorp, Inc. ("Byline" or the "Company") (NYSE: BY) announced today the closing of the previously announced public offering (the "Secondary Offering") of a total of 4,282,210 shares of the Company's common stock (the "Offered Shares") by the Estate of Daniel L. Goodwin (the "Estate") and Equity Shares Investors, LLC, an affiliate of the Estate, as selling stockholders of the Company (the "Selling Stockholders"), at a public offering price of $24.75 per share. The Company did not offer or sell any shares of its common stock in the Secondary Offering and did not receive any proceeds from the sale of its shares of common stock in the Secondary Offering. In addition, in connection with the Company's previously announced intention to purchase shares in the Secondary Offering, the Company purchased 418,235 shares from the underwriter in the Secondary Offering (the "Share Repurchase"), at a price per share equal to the price per share paid by the underwriter to the Selling Stockholders. The Company executed the Share Repurchase as part of its existing share repurchase program authorized on January 1, 2025. Certain of the Company's directors purchased an aggregate of $1.27 million of the shares of common stock in the Secondary Offering at the public offering price and on the same terms as the other purchasers in the Secondary Offering. J.P. Morgan is serving as the Sole Underwriter for the Secondary Offering. An automatically effective shelf registration statement on Form S-3 relating to the shares of the Company's common stock subject to the Secondary Offering was filed with the U.S. Securities and Exchange Commission (the "SEC") and is available on the SEC's website at The Secondary Offering was made only by means of a prospectus supplement and accompanying prospectus that forms a part of the registration statement, copies of which may be obtained, when available, by request from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at prospectus-eq_fi@ and postsalemanualrequests@ This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About Byline Bancorp, Inc. Headquartered in Chicago, Byline Bancorp, Inc. is the parent company of Byline Bank, a full service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $9.6 billion in assets as of March 31, 2025 and operates 45 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services including small ticket equipment leasing solutions and is one of the top Small Business Administration lenders in the United States. View source version on Contacts Investors / Media: Brooks O. RennieHead of Investor RelationsByline Bank(312) 660-5805brennie@ Sign in to access your portfolio
Business Wire
12-06-2025
- Business
- Business Wire
Byline Bancorp, Inc. Announces Closing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. ('Byline' or the 'Company') (NYSE: BY) announced today the closing of the previously announced public offering (the 'Secondary Offering') of a total of 4,282,210 shares of the Company's common stock (the 'Offered Shares') by the Estate of Daniel L. Goodwin (the 'Estate') and Equity Shares Investors, LLC, an affiliate of the Estate, as selling stockholders of the Company (the 'Selling Stockholders'), at a public offering price of $24.75 per share. The Company did not offer or sell any shares of its common stock in the Secondary Offering and did not receive any proceeds from the sale of its shares of common stock in the Secondary Offering. In addition, in connection with the Company's previously announced intention to purchase shares in the Secondary Offering, the Company purchased 418,235 shares from the underwriter in the Secondary Offering (the 'Share Repurchase'), at a price per share equal to the price per share paid by the underwriter to the Selling Stockholders. The Company executed the Share Repurchase as part of its existing share repurchase program authorized on January 1, 2025. Certain of the Company's directors purchased an aggregate of $1.27 million of the shares of common stock in the Secondary Offering at the public offering price and on the same terms as the other purchasers in the Secondary Offering. J.P. Morgan is serving as the Sole Underwriter for the Secondary Offering. An automatically effective shelf registration statement on Form S-3 relating to the shares of the Company's common stock subject to the Secondary Offering was filed with the U.S. Securities and Exchange Commission (the 'SEC') and is available on the SEC's website at The Secondary Offering was made only by means of a prospectus supplement and accompanying prospectus that forms a part of the registration statement, copies of which may be obtained, when available, by request from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at prospectus-eq_fi@ and postsalemanualrequests@ This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About Byline Bancorp, Inc. Headquartered in Chicago, Byline Bancorp, Inc. is the parent company of Byline Bank, a full service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $9.6 billion in assets as of March 31, 2025 and operates 45 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services including small ticket equipment leasing solutions and is one of the top Small Business Administration lenders in the United States.
New York Post
12-06-2025
- Health
- New York Post
Transformative ‘med-cations' are the ultimate 2025 wellness trend
Biohacking, bloodwork, transcranial electro-stimulation and an alkalizing daily miso soup for breakfast might not sound like the sexiest way to spend your vacation. But health is wealth and a growing contingent of high-net-worth, leisure-class travelers are trading R&R for self-prescribed 'med-cations.' 'The trend of viewing vacations as investments in health and well-being is gaining momentum, with travelers increasingly seeking experiences that offer tangible health benefits,' Alejandro Bataller, vice president of SHA Mexico, which opened in January 2024. I visited the clinic, located in Costa Mujeres, Mexico, where I went through their intensive four-day Rebalance and Energize Program. The experience was less vacation, more exhaustive crash course in my overall health and functionality on a physical and psychological level. 3 It may look like a relaxation retreat but you'll leave poked, flushed and thoroughly scanned. Courtesy of SHA Wellness Clinic It came complete with blood panels, gut health dinners, ozone therapy and, of course, daily miso soup for breakfast. While I've never left such a beautiful place less relaxed, the experience left me both physically and spiritually altered. 'If you're gonna spend all this money on a vacation, you might as well be investing in your health,' a guest named 'Rick' told me over a bowl of pea ice cream and beetroot foam after a gut health talk one night. A Miami-based banker, Rick says he searched far and wide for a wellness resort that could help him get on the right track physically and mentally after experiencing what he described as 'burnout' from his job. Ultimately, it was SHA's integrative approach to wellness — connecting natural therapies and advanced medicine using cutting-edge technology to customize an itinerary to the needs and well-being of each guest — that sold him. 'I don't do yoga in my personal life, and I knew I needed something more than just mindfulness and meditation,' he said. 'I needed something more transformative and science-based to really move the needle.' 'I needed something more transformative and science-based to really move the needle.' 'Rick,' a guest of SHA. As more and more travelers like Rick place a premium on destinations that offer 'transformative' experiences rooted in both Eastern and Western science-based medicine, specialty resorts are popping up to serve them. Co-founded by self-help guru Tony Robbins and global hotelier Sam Nazarian, four new preventative health and longevity hotels and residences called the Estate will debut in 2026. 'We're rewriting the narrative by seamlessly integrating luxury, science and longevity into one transformative experience,' said Nazarian. 'This is about more than wellness; it's about giving people the tools to live longer, healthier and more fulfilling lives.' Cutting-edge treatments based on scientific medicine, the Estate will offer preventive, genetic and anti-aging programs that will be individually tailored to each guest. Partnering with industry leader Fountain Life, the Estate aims to become the largest ecosystem of preventative medicine and longevity centers in the world. 3 Tony Robbins' the Estate plans to turn back the clock with anti-aging programs. Handout 'The future of preventative health is personalized, proactive and purpose-driven, and the Estate is where that future comes to life,' Nazarian said. 'We're not just building destinations — we're building a legacy of well-being.' In partnership with Fountain Life, a company co-founded by Robbins that specializes in disease detection and prevention, services including full-body MRI scans, AI-enabled coronary CT scans, genome sequencing and advanced blood diagnostics aimed at optimizing the mental as well as physical well-being are just the tip of the 'We're at a tipping point in how people approach their health,' Nazarian added. 'Vacations are no longer just escapes; they're investments in wellness and longevity.' 3 The Estate has a goal of becoming the world's largest ecosystem of preventative medicine and longevity centers. Alamy Stock Photo Expanding its global presence in 2026, SHA will open a new location in the coastal Al Jurf region of the United Arab Emirates called SHA Island Emirates. 'This facility aims to create a sanctuary where guests can disconnect from urban life and focus on their health, offering programs that blend SHA's renowned integrative methods with the unique cultural and environmental aspects of the region,' said Bataller. 'Our goal is to create the sixth blue zone on the planet.' The starting rate at SHA Mexico is $5,770, including the 4-day Rebalance Program, SHA Nutrition plan, and in-room accommodations in an Ocean Front Deluxe room.
Business Wire
11-06-2025
- Business
- Business Wire
Byline Bancorp, Inc. Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. ('Byline' or the 'Company') (NYSE: BY) announced today the pricing of the previously announced public offering (the 'Secondary Offering') of a total of 4,282,210 shares of the Company's common stock (the 'Offered Shares') by the Estate of Daniel L. Goodwin (the 'Estate') and Equity Shares Investors, LLC, an affiliate of the Estate, as selling stockholders of the Company (the 'Selling Stockholders'), at a public offering price of $24.75 per share. The Secondary Offering is expected to close on June 12, 2025, subject to customary closing conditions. The Company is not offering or selling any shares of its common stock in the Secondary Offering and will not receive any proceeds from the sale of its shares of common stock in the Secondary Offering. In addition, as previously announced, the Company will purchase from the underwriter $10.0 million of the shares of common stock as part of the Secondary Offering (the 'Share Repurchase'), at a price per share equal to the price per share to be paid by the underwriter to the Selling Stockholders. The Company intends to execute the Share Repurchase as part of its existing share repurchase program authorized on January 1, 2025. The Share Repurchase is conditioned upon the completion of the Secondary Offering, as well as the satisfaction of customary closing conditions, and is expected to close concurrently with the completion of the Secondary Offering. J.P. Morgan is serving as the Sole Underwriter for the Secondary Offering. An automatically effective shelf registration statement on Form S-3 relating to the shares of the Company's common stock subject to the Secondary Offering has been filed with the U.S. Securities and Exchange Commission (the 'SEC') and is available on the SEC's website at The Secondary Offering will be made only by means of a prospectus supplement and accompanying prospectus that forms a part of the registration statement, copies of which may be obtained, when available, by request from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at prospectus-eq_fi@ and postsalemanualrequests@ This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About Byline Bancorp, Inc. Headquartered in Chicago, Byline Bancorp, Inc. is the parent company of Byline Bank, a full service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $9.6 billion in assets and operates 46 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services including small ticket equipment leasing solutions and is one of the top Small Business Administration lenders in the United States. Forward-Looking Statements This press release may contain 'forward-looking statements' including statements concerning the size and terms of the Secondary Offering and the size and terms of the Share Repurchase. All statements other than statements of historical facts contained in this press release may be forward-looking statements. In some cases, you can identify the forward-looking statements by the use of words such as 'may,' 'could,' 'should,' 'would,' 'expect,' 'plan,' 'anticipate,' 'intend,' 'forecast,' 'believe,' 'estimate,' 'predict,' 'propose,' 'potential,' 'continue,' 'scheduled,' or the negative of these terms or other comparable terminology. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include but are not limited to those set forth in the periodic reports Byline files with the SEC and those described in the registration statement and the prospectus supplement and accompanying prospectus related to the Secondary Offering. All forward-looking statements included in this press release are made only as of the date of this press release. New factors emerge from time to time, and it is not possible for us to predict all of these factors. Further, we cannot assess the impact of each such factor on our business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement. We expressly disclaim any obligation to update or revise any forward-looking statements, whether because of future events, new information, a change in our views or expectations, or otherwise. We make no prediction or statement about the performance of our common stock.
