World Insurance Associates Acquires PLA Insurance Services

Written by Customer Service on December 30, 2021. Posted in Mergers And Acquisitions.

Tinton Falls, NJ, Dec. 30, 2021 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“WIA”), a Top 100 Insurance Brokerage, announced today that it acquired PLA Insurance Services (“PLA”) of Harrisburg, PA on December 1, 2021. Terms of the transaction were not disclosed. PLA is a full-service, multi-solution insurance brokerage firm, with over 80 years of combined experience providing insurance solutions for the healthcare industry. Other areas of expertise include construction insurance, manufacturing insurance, agriculture and farm insurance and transportation insurance. “We help our clients discover where their businesses are at risk and offer solutions to answer those concerns. Our team focuses on using a consultative approach to make the process simple and understandable for every client,” says Rory Rineer, Principal, PLA Insurance...

Chelan PUD and Avista Announce Long-Term Clean Energy Contract

Written by Customer Service on December 30, 2021. Posted in Public Companies.

Agreement provides valuable carbon-free energy to Northwest electric customers SPOKANE, Wash. and WENATCHEE, Wash., Dec. 30, 2021 (GLOBE NEWSWIRE) — Avista and Chelan County Public Utility District (PUD) have finalized a contract for renewable hydropower from the PUD’s two hydro projects on the Columbia River. The 20-year contract increases Avista’s carbon-free resources toward its 2030 renewable energy goals, as well as contributes flexible capacity to identified needs in Washington and Idaho. The acquisition successfully closes out Avista’s 2020 Renewable Request for Proposals. The competitively priced contract provides Avista with 5% of the output from the PUD’s Rock Island and Rocky Reach hydropower projects from 2026 through 2030; it increases to 10% of the output from these projects in 2031-2045. “We see great value in this...

Freddie Mac White Paper Examines Multifamily Housing in High Opportunity Areas

Written by Customer Service on December 30, 2021. Posted in Public Companies.

MCLEAN, Va., Dec. 30, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released a white paper examining the availability of affordable housing for renters in High Opportunity Areas, which provide residents with access to quality education, employment, health care and transportation. The research examines local land-use rules and access to high opportunity areas as defined by state Low-Income Housing Tax Credit (LIHTC) programs using three different markets as case studies: Chicago, IL Columbus, OH and Fairfax County, VA. The research, which is part of Freddie Mac’s Duty to Serve plan, is intended to aid the consideration of methods to increase access to high opportunity areas for low-income renters. “Only about 11% of the very limited rental housing stock in high opportunity areas is affordable to low-income renters,” said...

Kura Sushi USA to Announce Fiscal First Quarter 2022 Financial Results on Thursday, January 6, 2022

Written by Customer Service on December 30, 2021. Posted in Public Companies.

The Company to Participate in the 24th Annual ICR Conference IRVINE, Calif., Dec. 30, 2021 (GLOBE NEWSWIRE) — Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”), (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced that it will host a conference call to discuss fiscal first quarter 2022 financial results on Thursday, January 6, 2022 at 5:00 p.m. ET. A press release with fiscal first quarter 2022 financial results will be issued that same day after the market closes. Hosting the conference call and webcast will be Hajime “Jimmy” Uba, President and Chief Executive Officer, and Steven Benrubi, Chief Financial Officer. Interested parties may listen to the conference call via telephone by dialing 201-689-8471. A telephone replay will be available shortly after the call has concluded and can be accessed...

Puma Exploration Raises $922,200 in Non-Brokered Private Placement

Written by Customer Service on December 30, 2021. Posted in Public Companies.

RIMOUSKI, Quebec, Dec. 30, 2021 (GLOBE NEWSWIRE) — Puma Exploration Inc. (TSXV: PUMA, OTC: PUXPF), (the “Company” or “Puma”) is pleased to announce that, further to the closing of its brokered C$5M private placement announced on December 17, 2021, it has closed a non-brokered private placement (“the Offering”) of hard dollar units (the “Units”) for total gross proceeds of C$922,200. As part of the Offering, the Company issued 2,305,500 Units at the price of C$0.40 per Unit, with each Unit comprising one common share and one-half common share purchase warrant. Each warrant entitles the holder to acquire one common share of the Company at C$0.65 per share until December 30, 2023. Two (2) Insiders of the Company acquired a total of 70,500 Units in the Offering (the “Insider Participation”),...

Skeljungur hf.: Sale of P/F Magn to Sp/f Orkufelagid completed

Written by Customer Service on December 30, 2021. Posted in Public Companies.

The sale by Skeljungur of all the shares in P/F Magn to Sp/f Orkufelagid was closed today with the payment of the purchase price. The Enterprise Value (EV) in the trade amounted in total to 12.2 billion ISK (615 million DKK, using the DKK/ISK exchange rate of 19.84). The purchase price of the shares came to 10 billion ISK (503.6 million DKK) and, as announced earlier, Skeljungur will re-invest 2.8 billion ISK (141.1 million DKK), giving the company control over a 48.3% share in Sp/f Orkufelagid following the transaction. Pursuant to the above, Skeljungur’s equity and net income will increase by 5.9 billion ISK from the company’s interim financial statement of 30 September 2021. Skeljungur hf, was advised by the corporate finance team of Kvika bank hf. in the transaction. Sp/f Orkufélagid was advised by the corporate finance team of Arion...

1844 Announces Closing of Non-Brokered Private Placement

Written by Customer Service on December 30, 2021. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWS WIRE SERVICES SASKATOON, Saskatchewan, Dec. 30, 2021 (GLOBE NEWSWIRE) — 1844 RESOURCES Inc. (TSX-V:EFF) (the “Company” or “1844”) is pleased to announce, further to its news release of December 14, 2021, that it has closed its non-brokered private placement (the “Private Placement”) of 2,260,000 units (the “Units”) at a price of $0.065 per Unit for gross proceeds of $146,900. Each Unit is comprised of one common share in the capital of the Company (each, a “Share”) and one-half of one non-transferable share purchase warrant (each, a “Warrant”). Each whole Warrant will entitle the holder to purchase one additional Share in the capital of the Company (each, a “Warrant Share”) for a period of 18 months from the closing date at an exercise price of $0.075 per Warrant Share. Certain...

Update on intended public offer for Intertrust by CSC

Written by Customer Service on December 30, 2021. Posted in Mergers And Acquisitions.

JOINT PRESS RELEASE This is a joint press release by Intertrust N.V. (“Intertrust” or the “Company”) and Corporation Service Company (“CSC” or the “Offeror”) pursuant to the provisions of Section 7, paragraph 1 sub a of the Dutch Decree on Public Takeover Bids (Besluit openbare biedingen Wft, the “Decree”) in connection with the intended recommended public offer by the Offeror for all the issued and outstanding ordinary shares in the capital of Intertrust. This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Intertrust. Any offer will be made only by means of an offer memorandum (the “Offer Memorandum”) approved by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the...

Suominen Corporation: SHARE REPURCHASE 30.12.2021

Written by Customer Service on December 30, 2021. Posted in Public Companies.

Suominen Corporation ANNOUNCEMENT 30.12.2021 Suominen Corporation: SHARE REPURCHASE 30.12.2021 In the Helsinki Stock Exchange Trade date 30.12.2021 Bourse trade Buy Share SUY1V Amount 5,250 Shares Average price/ share 5.1538 EUR Total cost 27,057.45 EUR Suominen Corporation now holds a total of 965 984 shares including the shares repurchased on 30.12.2021 On behalf of Suominen Corporation Nordea Bank Oyj Janne Sarvikivi Sami Huttunen For additional information, please contact: Toni Tamminen, CFO, Suominen Corporation tel. +358 (0)10 214 3051 www.suominen.fi Attachment Suominen 30.12 trades

Akari Therapeutics, Plc Announces $6.0 Million Registered Direct Offering

Written by Customer Service on December 30, 2021. Posted in Public Companies.

NEW YORK and LONDON, Dec. 30, 2021 (GLOBE NEWSWIRE) — Akari Therapeutics, Plc (Nasdaq: AKTX) (“Akari” or the “Company”), a biopharmaceutical company focused on innovative therapeutics to treat orphan autoimmune and inflammatory diseases where the complement and/or leukotriene systems are implicated, today announced that it has entered into definitive agreements with institutional investors and accredited investors, led by existing investors of the Company, including Dr. Ray Prudo, the Company’s Chairman, to receive gross proceeds of approximately $6.0 million. In connection with the offering, the Company will issue approximately 4,310,839 registered American Depository Shares (ADSs) of Akari at a purchase price of $1.40 per ADS in a registered direct offering. Additionally, for each ADS purchased by investors, the investors will...

Day: December 30, 2021

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