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Calamos Global Dynamic Income Fund - CHW STOCK NEWS

Welcome to our dedicated page for Calamos Global Dynamic Income Fund news (Ticker: CHW), a resource for investors and traders seeking the latest updates and insights on Calamos Global Dynamic Income Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Calamos Global Dynamic Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Calamos Global Dynamic Income Fund's position in the market.

Rhea-AI Summary

Wag! has completed its business combination with CHW Acquisition Corporation, with trading under the new ticker symbols, “PET” and “PETWW”, starting on August 10, 2022. The merger, approved on July 28, 2022, enables Wag! to expand its premium pet care offerings using the funds raised. Wag!’s CEO, Garrett Smallwood, emphasized the importance of this milestone in enhancing community access to quality pet care. Additionally, Wag! will reserve 300,000 shares for its Community Shares Program aimed at supporting pet caregivers and nonprofits.

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0.13%
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Rhea-AI Summary

Wag Labs has announced the launch of its innovative Wag! Community Shares Program, aimed at supporting pet caregivers and nonprofit organizations. As part of its upcoming merger with CHW Acquisition Corporation (NASDAQ: CHWA), Wag! will reserve up to 300,000 shares for distribution through Robinhood and DonateStock. Eligible participants can receive up to 15 shares each, promoting charitable giving in the pet care community. This initiative strengthens Wag!'s commitment to enhancing the lives of pets and supports over 500 nonprofits.

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0.71%
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Rhea-AI Summary

CHW Acquisition Corporation (Nasdaq: CHWA) announced that the SEC has declared its registration statement effective for its business combination with Wag Labs, Inc., a pet services marketplace. A special meeting is scheduled for July 28, 2022, to approve the merger. Following the closure, the combined entity will be known as Wag! Group Co., with common stock and warrants trading under symbols PET and PETW on Nasdaq. Wag! offers a mobile platform for dog walking and pet care, having completed over 12.1 million services and $325 million in bookings.

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Wag Labs, Inc. announced it will go public through a merger with CHW Acquisition Corporation (NASDAQ: CHWA). Wag! is a pet services marketplace, providing services like dog walking and training. Key executives Garrett Smallwood and Adam Storm will present at the Needham Technology & Media Conference on May 16, 2022. Wag! boasts over 400,000 pet caregivers and has completed over 12.1 million pet care services, totaling more than $325 million in bookings. CHW aims to facilitate business combinations in various sectors.

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-2.39%
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Wag! reported a 273% revenue increase in Q1 2022, reaching $9.7 million compared to $2.6 million in Q1 2021. Gross bookings surged 141% to $17.5 million. The company's net loss decreased to $(2.4) million, an improvement from $(2.7) million in the same period last year. Wag! also noted significant Adjusted EBITDA improvements, with a loss of $(2.1) million versus $(2.6) million in Q1 2021. The firm is reaffirming its guidance for 2022 and 2023, projecting $93.4 million and $163.5 million in gross bookings, respectively. Wag! is set to merge with CHW Acquisition Corporation, expected in Q2 2022.

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0.71%
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Wag! reported a 238% revenue increase year-over-year in Q4 2021, reaching $8.1 million. Gross bookings surged by 141% to $16.6 million. The company improved its net loss to $(2.7) million from $(4.1) million and adjusted EBITDA loss narrowed to $(2.5) million. For FY 2021, revenue rose 68% to $20.1 million, with net loss improving to $(6.3) million.

Wag! reaffirmed guidance for 2022 and 2023, anticipating revenue of $41.8 million and $71.0 million respectively, alongside a business combination with CHW Acquisition Corporation.

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-1.8%
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FAQ

What is the current stock price of Calamos Global Dynamic Income Fund (CHW)?

The current stock price of Calamos Global Dynamic Income Fund (CHW) is $6.375 as of April 16, 2024.

What is the market cap of Calamos Global Dynamic Income Fund (CHW)?

The market cap of Calamos Global Dynamic Income Fund (CHW) is approximately 407.1M.

Calamos Global Dynamic Income Fund

Nasdaq:CHW

CHW Rankings

CHW Stock Data

407.14M
51.75M
15.78%
35.33%
0.09%
Asset Management
Financial Services
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United States of America
Naperville