Year: 2021

Auxly Acquires 100% Ownership of Sunens and Amends Credit Facility

Written by Customer Service on November 22, 2021. Posted in Mergers And Acquisitions.

Sunens FarmsThe state-of-the-art Sunens facility, acquired by Auxly Cannabis Group.Auxly acquires remaining equity interest and secures 100% ownership of Sunens Farms Inc. Currently utilizing output from Sunens in its 1.0 and 2.0 cannabis products, including Ontario’s current top-selling dried-flower SKU, Back Forty’s Wedding Piei Provides immediate improvement to gross margins and reduces reliance on large-scale wholesale cannabis purchases Amends and restates its credit facility with BMO, extending the initial maturity date by a year to September 2023, and pays down existing credit facility by $15M TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX – XLY) (“Auxly” or the “Company”), a leading consumer packaged goods company in the cannabis products market, today announced that it...

Nexus REIT Announces Closing of $162.6 Million Bought Deal Treasury and Secondary Equity Offering

Written by Customer Service on November 22, 2021. Posted in Public Companies.

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTRÉAL, Nov. 22, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (“Nexus REIT” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public treasury and secondary offering (the “Offering”) of trust units of the REIT (the “Units”) to a syndicate of underwriters led by BMO Capital Markets and Desjardins Capital Markets (collectively, the “Underwriters”), on a bought deal basis. A total of 12,650,000 Units were sold at a price of $12.85 per Unit pursuant to the Offering. The Offering consisted of a treasury offering by the REIT of 11,543,356 Units for gross proceeds to the REIT of approximately $148 million (the “Treasury Offering”), which includes gross proceeds from the exercise in full of the...

ZICIX Announces Plan to Join The Amazon For Life Project

Written by Customer Service on November 22, 2021. Posted in Public Companies.

Carson City, NV, Nov. 22, 2021 (GLOBE NEWSWIRE) — Dr. Ramiro Jordan, President of Zicix Corporation (OTC Pink: ZICX), will be overseeing the latest project for the Zicix Group/Peace Engineering partnership. By signing a Joint Venture Agreement with EMVISUR SRL, Zicix has pledged their services to the Amazon For Life (AFL) project. EMVISUR SRL, represented by Javier Calvo Kirigin, has gathered a team of experts in Large-Scale Forestry and Agriculture, Indigenous Community liaisons, Sustainability Consultants, and high-level Executives. For the AFL project, they plan to implement Integrated Land Management and Integrated Value Chains as the best way to revert deforestation by creating economies of scale that will improve the livelihoods of the Indigenous peoples and farmers. Zicix plans to aid the AFL Team in their mission to create...

Franchise Group, Inc. Acquires W.S. Badcock Corporation

Written by Customer Service on November 22, 2021. Posted in Mergers And Acquisitions.

Transaction Expected to be Immediately Accretive to Earnings Regional Furniture, Mattress, Appliance Retailer Expected to Present Significant Synergy Opportunity with Existing Home Furnishing Brands Acquisition Financed with $575 Million Addition to Existing Credit Facility Company To Provide Consolidated 2022 Financial Expectations Inclusive of Badcock in DecemberDELAWARE, Ohio, Nov. 22, 2021 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG” or the “Company”) today announced that it has completed the acquisition of W.S. Badcock Corporation (“Badcock”), a leading home furnishings company in the Southeast U.S., in an all cash transaction valued at approximately $580 million (the “Transaction”). Founded in 1904, W.S. Badcock Corporation operates 383 stores in eight southeastern states comprised...

Stonecastle Financial Corp. Releases Month End Estimated Net Asset Value as of October 2021

Written by Customer Service on November 22, 2021. Posted in Dividend Reports And Estimates.

DENVER, Nov. 22, 2021 (GLOBE NEWSWIRE) — StoneCastle Financial Corp., (NASDAQ:BANX) (“StoneCastle Financial” or the “Company”), today announced that the Company’s estimated and unaudited Net Asset Value (“NAV”) as of October 31, 2021 was $21.95. The NAV was up $0.09 from the prior month-end. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended October 31, 2021. We advise you that our unaudited NAV per share for the fourth quarter ending December 31, 2021 will be released as part of our normal quarterly earnings reporting process and may differ materially from this estimated NAV. About StoneCastle Financial Corp. StoneCastle Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol...

Logiq to Present at the Benchmark Discovery 1×1 Investor Conference, December 2, 2021

Written by Customer Service on November 22, 2021. Posted in Public Companies.

NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ, NEO: LGIQ), a global provider of award-winning consumer acquisition solutions, has been invited to present at the Benchmark Discovery 1×1 Investor Conference being held virtually on December 2, 2021. Logiq president, Brent Suen, is scheduled to present and participate in one-on-one meetings with institutional analysts and investors held throughout the day. Management will discuss its recently reported Q3 2021 results, with revenues up 11% to $7.8 million and gross profit up 108% to $2.3 million or 29.5% of revenue — nearly double from 15.8% of revenue in the same year-ago quarter. The company earlier announced a plan to separate AppLogiq™ and DataLogiq™ into two publicly traded companies. The separation would enable each company to better capitalize on their...

Global Ship Lease Announces New Multi-Year Charters and Increases Quarterly Dividend

Written by Customer Service on November 22, 2021. Posted in Dividend Reports And Estimates.

Quarterly dividend to increase by 50% to $0.375 per share, more than triple the dividend initially announced in January 2021 Newly signed post-panamax forward charters add EBITDA over five years LONDON, Nov. 22, 2021 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) today announced that it has agreed new five-year time charters for the Eco 9,115 TEU Al Khor and Maira XL with a leading liner operator, to commence mid-2022 at the conclusion of their current charters. The vessels, which are currently earning $31,650 and $34,000 per day, respectively, are expected to generate aggregate Adjusted EBITDA of approximately $206 million over the five-year firm period. Adjusted to include these newly signed charters, the Company’s total contracted revenue increases to $1.85 billion. These new charter agreements, for two...

Freddie Mac Issues 2022 Debt Funding Calendar

Written by Customer Service on November 22, 2021. Posted in Public Companies.

MCLEAN, Va., Nov. 22, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today issued its 2022 funding calendar, which provides optional announcement dates for Reference Notes® securities and announcement dates for Reference Bills® securities. The 2022 funding calendar is available on the Debt Securities Auction page of FreddieMac.com. Reference Notes issuances and Reference Bills auctions may vary in size and frequency based on the company’s funding needs or market demands. If Freddie Mac uses one of the optional Reference Notes announcement dates set forth on Freddie Mac’s 2022 Funding Calendar to launch a Reference Notes issuance, Freddie Mac will announce the issuance in a press release, which will provide relevant transaction information. The company’s 2022 Funding Calendar provides optional Reference Bills announcement...

Homeowners of America, a Porch Group Subsidiary, Introduces Services in Oregon

Written by Customer Service on November 22, 2021. Posted in Public Companies.

SEATTLE, Nov. 22, 2021 (GLOBE NEWSWIRE) — Homeowners of America (HOA), a property and casualty insurance provider and subsidiary of Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), announced the launch of service in Oregon. Porch, a leading vertical software company reinventing the home services and insurance industries, successfully acquired HOA in April 2021 with plans for national expansion. Oregon marks HOA’s 11th state of operation, advancing the scale and growing national footprint of HOA’s insurance operations. With the expansion, Porch seeks to continue its commitment to grow home insurance services nationwide. “The launch of HOA in Oregon furthers the sustained growth of our competitively priced homeowners’ insurance product at the national level,” said Matt Ehrlichman, Porch founder, chairman,...

Hamilton Thorne Reports Financial and Operational Results for the Quarter-Ended September 30, 2021

Written by Customer Service on November 22, 2021. Posted in Public Companies.

Revenues up 30%; Adjusted EBITDA up 22% for the quarter;Revenues up 33% and Adjusted EBITDA up 67% for the nine-month period BEVERLY, Mass. and TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX-V:HTL), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today reported unaudited financial and operational results for the quarter and nine months ended September 30, 2021. HighlightsSales increased 30% year over year to $12.7 million for the quarter and increased 33% to $36.7 million for the nine-month period; constant currency increase of 24% for the quarter and 28% for the nine-month period Gross profit increased 23% to $6.0 million for the quarter and 31% to $18.3 million for the nine-month period Net...

Year: 2021

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