Verano Draws US$100 Million to Fund Strategic Growth Initiatives, and Adds an Option for Up to an Additional US$175 Million

Written by Customer Service on March 1, 2022. Posted in Public Companies.

Funding follows previously-announced intention to draw US$100 million under existing credit agreement, providing Verano with flexibility to drive internal expansion efforts and near- and long-term growth strategies CHICAGO, March 01, 2022 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced it has drawn an additional US$100 million under its existing credit agreement pursuant to a fourth amendment to such credit agreement, to fund expansion and strategic growth initiatives, per its previous announcement on February 1, 2022, at a non-dilutive interest rate of 8.50%. As part of such amendment to its credit agreement, funding for up to an additional US$175 million at a future date was added, which lending commitment is subject to final...

Volt Carbon Technologies Closes Books on Private Placement

Written by Customer Service on March 1, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, AB, Canada, March 01, 2022 (GLOBE NEWSWIRE) — Volt Carbon Technologies Inc. (“Volt Carbon” or the “Company”) (TSX-V: VCT), with reference to its previous news release dated January 24, 2022, is pleased to announce that on February 28, 2022 it closed the second tranche of the previously announced private placement by placing an aggregate of 6,400,000 units (“Common Units”) at a price of $0.125 per Common Unit for gross proceeds of $800,000 (the “Offering”). Each Common Unit consists of one common share in the capital of the Company (each a “Share”) at a price of $0.125 per Share and one half of one (0.5) common share purchase warrant (“Warrant”). Each Warrant entitles the holder to acquire one additional Share (a “Warrant Share”) at...

Tattooed Chef Files Form 12b-25

Written by Customer Service on March 1, 2022. Posted in Public Companies.

PARAMOUNT, Calif., March 02, 2022 (GLOBE NEWSWIRE) — Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”), a leader in plant based foods, today announced that it intends to file a Form 12b-25 with the U.S. Securities and Exchange Commission to extend the due date of its Annual Report on Form 10-K for the year ended December 31, 2021. On June 30, 2021, the Company determined for the first time, effective at the end of its fiscal year ended December 31, 2021, it would be changing its filing status to large accelerated filer. The Company is now subject to a 60 day (rather than 90 day) filing deadline and due to the accelerated timeline and the substantial growth in annual revenue, the Company was unable to finalize its consolidated financial statements by the March 1, 2022 filing deadline. The Company expects to file...

Brookfield Business Partners Announces Filing of Final Prospectus for Unit Split and Creation of Brookfield Business Corporation

Written by Customer Service on March 1, 2022. Posted in Public Companies.

BROOKFIELD, NEWS, March 01, 2022 (GLOBE NEWSWIRE) — Brookfield Business Partners L.P. (“Brookfield Business Partners” or “BBU”) (NYSE: BBU; TSX: BBU.UN) today announced that it has filed its final prospectus and that its registration statement has been declared effective in respect of the special distribution of class A exchangeable subordinate voting shares (the “Shares”) of Brookfield Business Corporation (“BBUC”). From an economic and accounting perspective, the special distribution will be analogous to a unit split as it does not result in any underlying change to aggregate cash flows or net asset value except for the adjustment for the aggregate number of units/shares outstanding. BBU and BBUC would like to clarify the trading dates provided in the press release issued on February 22, 2022. The New York Stock Exchange (the...

eXp World Holdings to Participate in 2022 Wedbush Real Estate Technology Conference

Written by Customer Service on March 1, 2022. Posted in Public Companies.

eXp Founder, Chairman and CEO Glenn Sanford and CFO Jeff Whiteside to Join in a Fireside Chat on Thursday, March 3, 2022 BELLINGHAM, Wash., March 01, 2022 (GLOBE NEWSWIRE) — eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced that Founder, Chairman and CEO Glenn Sanford and CFO Jeff Whiteside will participate in a fireside chat at the 2022 Wedbush Real Estate Technology Conference. 2022 Wedbush Real Estate Technology Conference Fireside ChatFireside chat: Wedbush equity research analyst Ygal Arounian will moderate a discussion with Sanford and Whiteside Date: Thursday, March 3, 2022 at 9 a.m. ET Webcast: https://expworldholdings.com/wedbush2022 For more information on the conference, please contact your Wedbush representative. About eXp World Holdings,...

Alkami to Present at JMP Securities Technology Conference

Written by Customer Service on March 1, 2022. Posted in Public Companies.

PLANO, Texas, March 01, 2022 (GLOBE NEWSWIRE) — Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced that company leadership will present at the JMP Securities Technology Conference on Tuesday, March 8, 2022, at 1:30 p.m. (PT). Presenters will include Alex Shootman, Chief Executive Officer, and Bryan Hill, Chief Financial Officer. A live webcast of the presentation will be accessible at https://wsw.com/webcast/jmp53/register.aspx?conf=jmp53&page=alkt&url=https://wsw.com/webcast/jmp53/alkt/1673140. A replay of the event will be accessible at investors.alkami.com. About Alkami Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for financial institutions in the United States that enables...

Element Reports Fourth Quarter and Full-Year Results, Having Achieved 2021 Strategic Growth Objectives and Returned $644 Million Cash to Common Shareholders

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

Amounts in $CAD unless otherwise noted Element grew 2021 net revenue 1.1% year-over-year as reported and 5.8% in constant currency to $974 million 2021 income before taxes grew 37.4% year-over-year; and adjusted operating income grew 2.1% year-over-year as reported and 7.2% in constant currency, highlighting the profitability of net revenue growth atop the Company’s scalable operating platform Q4 EPS was $0.21; and Q4 adjusted EPS was also $0.21, down 2 cents per share from Q4 2020 as reported and 1 cent in constant currency. Q4 2021 adjusted EPS was flat quarter-over-quarter both as reported and in constant currency Q4 free cash flow per share was $0.29, up 5 cents per share from Q4 2020 and 2 cents quarter-over-quarter, each in constant currency Element received the highest quarterly volume of Orders in its history in Q4, growing the...

Algoma Steel Group Announces Approval of Normal Course Issuer Bid

Written by Customer Service on March 1, 2022. Posted in Public Companies.

SAULT STE. MARIE, Ontario, March 01, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”) announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s intention to make a normal course issuer bid (“NCIB”) for a portion of its common shares (“Shares”) as appropriate opportunities arise from time to time. The Company believes that the market price of the Shares may not, from time to time, fully reflect their value and accordingly the purchase of Shares would be in the best interests of the Company and an attractive use of available funds. Pursuant to the NCIB, the Company may acquire, from time to time, over a period of 12 months starting March 3, 2022 and ending March 2, 2023, up to a maximum of 7,397,889 of its Shares, or approximately 5% of its 147,957,790...

Titanium Transportation Expands U.S. Based Freight-Brokerage Operations, Secures Key Southeast Market Location in Atlanta, GA

Written by Customer Service on March 1, 2022. Posted in Public Companies.

BOLTON, Ontario, March 01, 2022 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSXV:TTR), a leading provider of transportation and logistics services throughout North America, is pleased to announce it has expanded its U.S. based freight-brokerage operations with the opening of its fifth U.S. office in Atlanta, GA. “Our decision to invest and expand our freight-brokerage service offering in the U.S. reflects our ‘asset-light’ growth strategy for the United States and represents a strong revenue opportunity for Titanium,” said Ted Daniel, President and CEO, Titanium Transportation. “We have established a U.S. based team with deep brokerage and logistics industry expertise in key markets, including Atlanta, that will enable us to address the supply chain challenges...

CNH Industrial N.V. files 2021 Annual Report on Form 20-F and publishes 2021 EU Annual Report; calling of the Annual General Meeting

Written by Customer Service on March 1, 2022. Posted in Public Companies.

London, March 1, 2022 CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that it has filed its 2021 Annual Report on Form 20-F (prepared in accordance with U.S. GAAP) with the United States Securities and Exchange Commission and it has published its 2021 EU Annual Report (including the consolidated financial statements prepared in accordance with EU-IFRS and the separate financial statements of CNH Industrial N.V.). The 2021 Annual Report on Form 20-F and the 2021 EU Annual Report are available in the Investor Relations section of the CNH Industrial corporate website at www.cnhindustrial.com. Both documents can be viewed online or downloaded in PDF format. Shareholders may also request a hard copy of the Company’s complete 2021 audited financial statements free of charge from investor.relations@cnhind.com. The Company also published...

Day: March 1, 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice