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Day: April 22, 2022

CapStar Reports First Quarter 2022 Results and Increase in Quarterly Dividend

NASHVILLE, Tenn., April 21, 2022 (GLOBE NEWSWIRE) — CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ:CSTR) today reported net income of $10.7 million or $0.48 per diluted share, for the quarter ended March 31, 2022, compared with net income of $12.5 million or $0.56 per diluted share, for the quarter ended December 31, 2021, and net income of $11.0 million or $0.50 per diluted share, for the quarter ended March 31, 2021. Annualized return on average assets and return on average equity for the quarter ended March 31, 2022 were 1.37 percent and 11.39 percent, respectively. The first quarter included a BOLI death benefit of $0.9 million, deferred loan origination expense related to prior periods of $0.5 million and severance expense of $0.4 million.Four Key Drivers   Targets   1Q22   4Q21   1Q21Annualized revenue growth   >...

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Soluna Holdings, Inc. Announces Proposed Public Offering of Series A Preferred Stock and Concurrent Registered Direct Offering

NEW YORK, NY, April 21, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Soluna Holdings, Inc. (“SHI” or the “Company”), (Nasdaq: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, announced today that it intends to offer shares of its 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share, with a $25.00 liquidation preference per share (the “Series A Preferred Stock”), in an underwritten public offering. Concurrently with the public offering and by means of a separate prospectus supplement, the Company intends to offer shares of its Series A Preferred Stock directly to certain institutional lenders in a registered direct offering. All of the shares of Series A Preferred Stock in both offerings are...

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MINILUXE REPORTS FINANCIAL RESULTS FOR THE FISCAL YEAR 2021

Reports YOY Revenue Growth of 57% with Gross Profit more than doubling prior year Not for distribution to U.S. news wire services or dissemination in the United States. Toronto, Ontario, April 21, 2022 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks and 52 weeks ended December 26, 2021 (“Q4 2021” and “FY 2021”, respectively). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks. All of the fiscal years referred to in this release consist of 52 week-periods. Unless otherwise specified, all amounts are reported in U.S. dollars. MiniLuxe is pleased to report total revenue of $16.7M in FY 2021, a nearly 60 percent increase over total revenue in the 52 weeks ended December...

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