Via Renewables

Comedy Central is an American pay television channel owned by Viacom Global Entertainment Group, a unit of the Viacom Media Networks division of Viacom. The channel is geared for mature audiences and carries comedy programming in the form of both original, licensed, and syndicated series and stand-up comedy specials, as well as feature films.

Comedy Central

Nickelodeon (often shortened to Nick) is an American pay television channel launched on December 1, 1977 as the first cable channel for children. It is owned by Viacom through its Viacom Media Networks division's Nickelodeon Group unit and is based in New York City. It is primarily aimed at children and adolescents aged 2–17.

Nickelodeon

Paramount Pictures Corporation (also known simply as Paramount) is an American film studio based in Hollywood, California, that has been a subsidiary of the American media conglomerate Viacom since 1994. Paramount is the fifth oldest surviving film studio in the world, the second oldest in the United States, and the sole member of the "Big Six" film studios still located in the Los Angeles neighborhood of Hollywood.

Paramount Pictures

CMT, originally launched as CMTV, is an American pay television channel that is owned by Viacom. Its name is an initialism for "Country Music Television", which has since been de-emphasized. It was the first nationally available channel devoted to country music and country music videos. Programming on the channel originally focused on country music; including music videos, taped concerts and biographies of country music stars. CMT's current programming now mainly consists of original reality programs and scripted series,[1] off-network syndicated shows, and theatrically-released movies.

Country Music Television

MTV (originally an initialism of Music Television) is an American pay television channel owned by Viacom Media Networks (a division of Viacom) and headquartered in New York City. Launched on August 1, 1981, the channel originally aired music videos as guided by television personalities known as "video jockeys" (VJs).[3] At first, MTV's main target demographic was young adults, but today, it is primarily teenagers, particularly high school and college students.

VH1 (originally an initialism of Video Hits One) is an American pay television network based in New York City owned by Viacom. It was originally created by Warner-Amex Satellite Entertainment, at the time a division of Warner Communications and the original owner of MTV, and launched on January 1, 1985, in the former space of Turner Broadcasting System's short-lived Cable Music Channel.

Black Entertainment Television (BET) is an American pay television channel that is owned by the BET Networks division of Viacom. It is the most prominent television network targeting African American audiences, with approximately 88,255,000 American households (75.8% of households with television) receiving the channel. The channel has offices in Washington, D.C., New York City, Los Angeles and Chicago.

Via Renewables is a retail energy business that offers green energy options to hundreds of thousands of customers across America.  It was founded in 1999 and its headquarters is located in Houston, Texas.

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HOUSTON, TX / ACCESSWIRE / October 16, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, announced today that, in accordance with the terms of the 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock") of the Company, the Board of Directors has declared a quarterly cash dividend in the amount of $0.71847 per share on the Series A Preferred Stock. The dividend will be paid on January 15, 2025 to holders of record of Via Renewables' Series A Preferred Stock on January 1, 2025.

Via Renewables, Inc. Announces Dividend on Preferred Stock

HOUSTON, TX / ACCESSWIRE / June 13, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, announced today the completion of the merger (the "Merger") contemplated by the previously announced Agreement and Plan of Merger, dated as of December 29, 2023 (the "Merger Agreement"), by and among the Company, Retailco, LLC, a Texas limited liability company ("Parent"), and NuRetailco LLC, a Delaware limited liability company and wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub was merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation in the Merger (the "Surviving Corporation"), following which William Keith Maxwell, III and his affiliates became the registered or beneficial owners of all of the shares of the Surviving Corporation's issued and outstanding (a) Class A common stock, par value $0.01 per share (the "Class A Common Stock") and (b) Class B common stock, par value $0.01 per share (the "Class B Common Stock" and, together with the Class A Common Stock, the "Common Stock"). The Merger, originally announced on January 2, 2024, was approved by the Company's shareholders at a special meeting held on June 7, 2024.

Via Renewables, Inc. Announces Completion of Merger

MILWAUKEE , June 10, 2024 /PRNewswire/ -- Ademi LLP is investigating Via Renewables (NASDAQ: VIA, VIAS) for possible breaches of fiduciary duty and other violations of law in its transaction with Keith Maxwell controlled Companies. Click here to learn how to join the investigation: https://www.ademilaw.com/case/renewables-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates Via Renewables, Inc.'s transaction with Keith Maxwell controlled Companies

HOUSTON, TX / ACCESSWIRE / June 7, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA; VIASP), an independent retail energy services company, announced today that at its special meeting of shareholders held earlier today, the Company's shareholders voted, among other things, in favor of the proposals to: (i) approve the Agreement and Plan of Merger, dated as of December 29, 2023 (the "Merger Agreement"), by and among the Company, Retailco, LLC, a Texas limited liability company ("Parent"), and NuRetailco LLC, a Delaware limited liability company and wholly-owned subsidiary of Parent ("Merger Sub") (the "Merger Proposal"); and (ii) approve, by non-binding, advisory vote, compensation that may become payable to the Company's name executive officers in connection with the Merger (the "Compensation Proposal"). Capitalized terms used but not defined in this communication have the meanings given to them in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission on March 28, 2024 under Regulation 14A of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Via Renewables, Inc. Shareholders Vote to Approve Merger and Related Matters at Special Meeting

HOUSTON, TX / ACCESSWIRE / May 14, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA; VIASP), an independent retail energy services company, announced today that leading independent proxy advisory firms Institutional Shareholder Services, Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis") have both recommended that the Company's shareholders vote "FOR" each of: (1) the approval of the Agreement and Plan of Merger, dated as of December 29, 2023 (the "Merger Agreement"), by and among the Company, Retailco, LLC, a Texas limited liability company ("Parent"), and NuRetailco LLC, a Delaware limited liability company and wholly-owned subsidiary of Parent ("Merger Sub") (the "Merger Proposal"), pursuant to which Merger Sub would merge with and into the Company with the Company surviving the merger, following which all of the issued and outstanding shares of the Company's Class A common stock, par value $0.01 per share (the "Class A Common Stock"), would be acquired by Parent for $11.00 per share in cash (except for the shares of Class A Common Stock held or beneficially owned by (i) (a) the Company or any subsidiary of the Company, or (b) William Keith Maxwell, III and any person or entity controlled by Mr. Maxwell, including Parent, Merger Sub and NuDevco Retail, LLC, and (ii) any holder of record of Class A Common Stock who did not vote in favor of the Merger Proposal and is entitled to demand and validly demands appraisal of such shares of Class A Common Stock pursuant to, and complies in all respects with, Section 262 of the General Corporation Law of the State of Delaware; and (2) the approval, on a non-binding, advisory basis, of the compensation that may become payable to the Company's named executive officers in connection with the Merger.

ISS and Glass Lewis Recommend Votes "FOR" The Merger And All Proposals At Upcoming Special Meeting of Shareholders; FERC Approval for Merger Obtained

Via Renewables, Inc. (NASDAQ:VIA ) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Stephen Rabalais - Investor Relations Keith Maxwell - Chief Executive Officer & Chairman of the Board of Directors Mike Barajas - Chief Financial Officer Stephen Rabalais Good morning, and welcome to Via Renewables' First Quarter 2024 Earnings Call. This call is also being broadcast via webcast, which can be located in the Investor Relations section of our website at viarenewables.com.

Via Renewables, Inc. (VIA) Q1 2024 Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / May 1, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, today reported financial results for the quarter ended March 31, 2024. Key Highlights Achieved $19.1 million in Net Income and $15.1 million in Adjusted EBITDA for the first quarter Achieved $45.1 million in Gross Profit and $35.7 million in Retail Gross Margin for the first quarter Total RCE count of 338,000 as of March 31, 2024, up from 335,000 as of December 31, 2023 Average monthly attrition of 3.9% "In the first quarter commodity prices remained relatively stable and we experienced milder than normal weather.

Via Renewables, Inc. Reports First Quarter 2024 Financial Results

HOUSTON, TX / ACCESSWIRE / April 22, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA), an independent retail energy services company, announced today that it plans to present its first quarter 2024 financial results in a conference call and webcast on Thursday, May 2, 2024 at 10:00 AM Central (11:00 AM Eastern). A live webcast of the conference call can be accessed from the Events & Presentations page of the Via Renewables Investor Relations website at ViaRenewables.com.

Via Renewables, Inc. to Present First Quarter 2024 Financial Results on Thursday, May 2, 2024

Via Renewables, Inc. (VIA) Q4 2023 Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / February 28, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, today reported financial results for the year ended December 31, 2023. Key Business Highlights Recorded $(0.9) million in Net Loss and $13.3 million in Adjusted EBITDA for the fourth quarter Achieved $25.4 million in Gross Profit and $33.7 million in Retail Gross Margin for the fourth quarter Achieved $26.1 million in Net Income and $56.9 million in Adjusted EBITDA for the year ended 2023 Achieved $124.4 million in Gross Profit and $136.7 million in Retail Gross Margin for the year ended 2023 Average monthly attrition of 3.4% Total liquidity of $116.0 million as of December 31, 2023 "We finished the year with higher Net Income and Adjusted EBITDA compared to the prior year due to favorable market conditions.

Via Renewables, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

HOUSTON, TX / ACCESSWIRE / February 20, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA), an independent retail energy services company, announced today that it plans to present its full-year and fourth quarter 2023 financial results in a conference call and webcast on Thursday, February 29, 2024 at 10:00 AM Central (11:00 AM Eastern). A live webcast of the conference call can be accessed from the Events & Presentations page of the Via Renewables Investor Relations website at ViaRenewables.com.

Via Renewables, Inc. to Present Full Year and Fourth Quarter 2023 Financial Results on Thursday, February 29, 2024

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Via Renewables, Inc. (NasdaqGS: VIA) to Retailco, LLC, an entity owned by TxEx Energy Investments, LLC, which is wholly owned by William Keith Maxwell, III, Via's current Chief Executive Officer and Chairman of the Board. Under the terms of the proposed transaction, shareholders of Via will receive $11.00 in c.

VIA RENEWABLES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Via Renewables, Inc. - VIA

Via Renewables shares jumped more than 13% in early Tuesday trade after the retail energy services company announced plans for its acquisition by Retailco, LLC, in a merger agreement set at $11 per share. The cash offer represents a 17% premium to Via Renewables' closing share price on December 29, 2023.

Via Renewables shares rally on CEO bid to take the retail energy services company private

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Via Renewables, Inc. (NASDAQ: VIA) to Retailco, LLC, an entity owned by TxEx Energy Investments, LLC, which is wholly owned by William Keith Maxwell, III, Via's current Chief Executive Officer and Chairman of the Board, for $11.00 per share in cash is fair to Via shareholders. Halper Sadeh encourages Via shareholders to click here to learn more about their legal rights and options or c.

VIA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Via Renewables, Inc. Is Fair to Shareholders

Via Renewables Inc.'s stock VIA, -0.11% was up by 12.8% in premarket trading on Tuesday after the retail energy services company's Chief Executive William Keith Maxwell III offered to take the business private for $11 a share, implying a total market capitalization of $118.8 million. The price is a 17% premium to the stock's last closing level on Friday.

Via Renewables rallies on bid by its chief executive to take the retail energy services company private

HOUSTON, TX / ACCESSWIRE / January 2, 2024 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, announced today that it has signed a merger agreement (the "Agreement") whereby all of Via Renewables' Class A common stock, except for certain shares described below, will be acquired by Retailco, LLC, a Texas limited liability company ("Retailco") for $11.00 per share. The cash consideration represents a 17.0% premium to the closing share price of Via Renewables' Class A common stock on December 29, 2023, the last trading day prior to today's announcement and execution of the Agreement.

Via Renewables, Inc. Enters into Agreement for all of Its Class A Common Stock to be Acquired at $11.00 Per Share in Cash

The Via Renewables, Inc. dividend has been suspended, but should be restored in about a year. Via Renewables preferred shares offer an attractive 15.8% yield, but the common stock is even more compelling at current prices. Moderate natural gas prices are favorable for Via Renewables.

VIA Renewables: When Will The Big Dividends Return?

Via Renewables, Inc. (NASDAQ:VIA ) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Stephen Rabalais - Investor Relations Keith Maxwell - Chief Executive Officer Mike Barajas - Chief Financial Officer Operator Good morning, ladies and gentlemen. Welcome to the Via Renewables Inc. Third Quarter 2023 Earnings Conference Call.

Via Renewables, Inc. (VIA) Q3 2023 Earnings Call Transcript

HOUSTON, TX / ACCESSWIRE / November 1, 2023 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA)(NASDAQ:VIASP), an independent retail energy services company, today reported financial results for the quarter ended September 30, 2023. Key Highlights Achieved $14.7 million in Net Income and $12.8 million in Adjusted EBITDA for the third quarter Achieved $39.2 million in Gross Profit and $31.9 million in Retail Gross Margin for the third quarter Total RCE count of 337,000 as of September 30, 2023 Total liquidity of $98.8 million as of September 30, 2023 "Via was able to navigate one of the hottest ERCOT summers on record due to our proven risk management policies and portfolio diversification.

Via Renewables, Inc. Reports Third Quarter 2023 Financial Results

HOUSTON, TX / ACCESSWIRE / October 23, 2023 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA), an independent retail energy services company, announced today that it plans to present its third quarter 2023 financial results in a conference call and webcast on Thursday, November 2, 2023 at 10:00 AM Central (11:00 AM Eastern). A live webcast of the conference call can be accessed from the Events & Presentations page of the Via Renewables Investor Relations website at ViaRenewables.com.

Via Renewables, Inc. to Present Third Quarter 2023 Financial Results on Thursday, November 2, 2023

Via Renewables, Inc. (NASDAQ:VIA ) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Stephen Rabalais - Investor Relations Keith Maxwell - Chief Executive Officer Mike Barajas - Chief Financial Officer Stephen Rabalais Good morning, and welcome to Via Renewables Second Quarter 2023 Earnings Call. This call is also being broadcast via webcast, which can be located in the Investor Relations section of our website at viarenewables.com.

Via Renewables, Inc. (VIA) Q2 2023 Earnings Call Transcript

Via Renewables is currently paying its preferred shareholders a floating headline yield of 12.15%. This coupon comes on the back of common shares that have seen their quarterly distribution suspended and are down around 62% since the start of 2023. Fiscal 2023 second quarter earnings were strong with the company generating strong cash flows from operations during the quarter.

Via Renewables: Why I Bought The Fat 18.4% Yielding Preferreds

HOUSTON, TX / ACCESSWIRE / August 2, 2023 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA, VIASP), an independent retail energy services company, today reported financial results for the quarter ended June 30, 2023. Key Highlights Reported $19.1 million in Net Income and $12.0 million in Adjusted EBITDA for the second quarter Achieved $45.5 million in Gross Profit and $30.7 million in Retail Gross Margin for the second quarter Total RCE count of 346,000 as of June 30, 2023, up from 339,000 as of March 31, 2023 Total liquidity of $86.3 million as of June 30, 2023 "We are proud to announce another strong quarter marked by organic growth in our customer book and continued financial discipline.

Via Renewables, Inc. Reports Second Quarter 2023 Financial Results

HOUSTON, TX / ACCESSWIRE / July 28, 2023 / Via Renewables, Inc. ("Via Renewables" or the "Company") (NASDAQ:VIA), an independent retail energy services company, announced today that it plans to present its second quarter 2023 financial results in a conference call and webcast on Thursday, August 3, 2023 at 10:00 AM Central (11:00 AM Eastern). A live webcast of the conference call can be accessed from the Events & Presentations page of the Via Renewables Investor Relations website at ViaRenewables.com.

Via Renewables, Inc. to Present Second Quarter 2023 Financial Results on Thursday, August 3, 2023

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