Day: May 3, 2022

Friendly Hills Bancorp Reports Financial Results for the First Quarter of 2022

Written by Customer Service on May 3, 2022. Posted in Public Companies.

WHITTIER, Calif., May 03, 2022 (GLOBE NEWSWIRE) — Friendly Hills Bancorp (the “Company”) (OTC Pink: FHLB), the holding company for Friendly Hills Bank (the “Bank”) today reported consolidated results for the first quarter of 2022. The comparability of consolidated financial information for the first quarter of 2022 to the same period of 2021 is affected by the acquisition of three branch offices from Bank of Southern California with $82 million in deposits effective September 24, 2021, after which the related operating results are also reflected in these consolidated financials. First Quarter 2022 Highlights:Total assets ended the quarter at $282 million, down $11 million from the prior quarter as a result of paying off higher cost FHLB Advances. Total loans increased 12% to $100 million as of March 31, 2022, from $89 million...

Bombardier Honoured for Technological Innovation by Quebec’s Most Prestigious Business Awards Program

Written by Customer Service on May 3, 2022. Posted in Public Companies.

Bombardier’s groundbreaking Smart Link Plus connected aircraft program wins 2022 Mercuriades award Bombardier’s ongoing investments in innovation and homegrown talent have contributed to the strength of the Canadian aerospace industry and a culture of technological excellenceMONTREAL, May 03, 2022 (GLOBE NEWSWIRE) — Bombardier today announced it has earned a top prize for technical innovation in the 2022 Les Mercuriades competition, Quebec’s most prestigious business awards program sponsored annually by the Federation of Quebec Chamber of Commerce (Fédération des chambres de commerce du Québec, FCCQ). Bombardier received the honour in the Technological Innovation (large corporations) category for advancements in its groundbreaking Smart Link Plus connected aircraft program. The 2022 winners were announced at a gala in...

Capital Power reports voting results from the 2022 annual meeting of shareholders

Written by Customer Service on May 3, 2022. Posted in Public Companies.

EDMONTON, Alberta, May 03, 2022 (GLOBE NEWSWIRE) — The annual meeting of shareholders (annual meeting) for Capital Power Corporation (TSX: CPX) (Capital Power or the Company) was held on April 29, 2022 in Edmonton, Alberta. Each of the matters voted upon at the annual meeting is discussed in detail in the Company’s Management Proxy Circular dated March 4, 2022 and available on the Company’s website at: www.capitalpower.com/AGM. The total number of shares represented by shareholders present in person and by proxy at the annual meeting was 48,614,420 representing 41.81% of the Company’s common shares that were issued and outstanding as of the record date of the annual meeting. The voting results for each matter presented at the annual meeting are provided below: 1. Election of Directors: Each of the 9 director nominees put forward...

Usio to Host First Quarter 2022 Conference Call to Discuss Results and Provide Company Update on May 12, 2022

Written by Customer Service on May 3, 2022. Posted in Public Companies.

SAN ANTONIO, May 03, 2022 (GLOBE NEWSWIRE) — Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that it will release first quarter fiscal year 2022 financial results for the period ended March 31, 2022, after the market closes on Wednesday, May 11, 2022. Usio’s management will host a conference call Thursday, May 12, 2022, at 11:00 a.m. Eastern time to review financial results and provide a business update. Following management’s formal remarks, there will be a question-and-answer session. To listen to the conference call, interested parties within the U.S. should call 1-844-883-3890. International callers should call 1-412-317-9246. All callers should ask for the Usio conference call. The conference call will also be available through a live webcast, which can be accessed via the company’s...

Allied Corp Announces Approval of Psychoactive (THC) Quota for the Production of Colombian THC Cannabis Flower

Written by Customer Service on May 3, 2022. Posted in Public Companies.

KELOWNA, British Columbia, May 03, 2022 (GLOBE NEWSWIRE) — Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID) is pleased to announce the approval of its 2022 quota for the production and sale of THC cannabis flower. On April 29th, 2022 the Colombian government approved Allied’s application for its THC cannabis flower quota for the 2022 calendar year. Allied has already begun the scaling of its THC-based plants from by propagating 6800 plants ready for growth. These plants will go into the greenhouse for the vegetative stage of growth and then be brought through Allied’s process to dried and vacuum sealed THC flower ready for sale into the international markets where it is legal to do so. These 6800 THC plants will form the first THC-based flower harvest. Allied’s previous harvests have yielded between 700-1100grams...

Herborium® Surpasses Million Dollar Sales Mark; Reduces Outstanding Debt and Dilution

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

Houston , Texas, May 03, 2022 (GLOBE NEWSWIRE) — Houston, Texas,05.03/ 2022. Herborium Group, Inc. (OTC Pink: HBRM), a Botanical Therapeutics Company and the provider of unique, all botanical medicinal, beauty and wellness products with a clinically validated records of efficacy and safety, announced today that the Company ended 2021 with a record sale surpassing $1Million as reported in Annual Report . 2021. This marks the fifth consecutive Positive Revenues Year . This positive trend is extended to the First Quarter of 2022 that is also positive and indicates the higher sale that First Quarter of 2021 In addition, the Company significantly decreased its debt by eliminating over $250,000 in Notes Debt. This prevents future dilution and is important part of Company’s effort of increasing shares price. Finally, the Company secured...

Euroseas Ltd. Announces Agreement to Acquire two 4,250 teu Container Vessels, built in 2005 and 2007

Written by Customer Service on May 3, 2022. Posted in Mergers And Acquisitions.

ATHENS, Greece, May 03, 2022 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today that it has agreed to acquire M/V Seaspan Manila and M/V Seaspan Melbourne both intermediate size container vessels with capacity of 4,250 teu each built in 2007 and 2005, respectively. The vessels are being acquired for a combined price of $37 million. The Company will also assume the existing charter arrangements of the vessels. Both acquisitions will be initially financed with the Company’s own funds. Specifically:M/V Seaspan Manila is expected to be delivered to the Company within July 2022 and has a charter contract until February 2025 at a rate which is $20,250 per day until April 2024 and,...

II-VI Incorporated and Coherent, Inc. Announce Refiling of Premerger Notification and Report Form with Federal Trade Commission and U.S. Department of Justice

Written by Customer Service on May 3, 2022. Posted in Mergers And Acquisitions.

Parties Update Anticipated Closing Date of Merger PITTSBURGH and SANTA CLARA, Calif., May 03, 2022 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI) and Coherent, Inc. (Nasdaq: COHR) today announced that they have refiled their Premerger Notification and Report Form (the “HSR Notification”) with the Federal Trade Commission and the U.S. Department of Justice on May 2, 2022, in connection with the previously-announced pending acquisition (the “Merger”) of Coherent by II-VI. The HSR Notification, which triggers a 30-day review period, was made prior to the one-year expiration of II-VI’s and Coherent’s initial HSR Notification filed last year. The parties continue cooperative discussions with the State Administration for Market Regulation of China (“SAMR”), and the decision to refile the HSR Notification is due to the parties’...

Skylight Health Executes Definitive Agreement to Acquire NeighborMD to Expand in Florida and Enters Medicare Advantage Global Risk

Written by Customer Service on May 3, 2022. Posted in Mergers And Acquisitions.

Skylight executes a definitive agreement for the largest acquisition to date and arranges a US $20 million credit line facility to fund the acquisition and future dealsNeighborMD (“NMD”) will add 9 practices across Central and Southern Florida with over 2,400 owned and affiliated global capitated risk lives. Unaudited trailing 12 months (TTM) primary care revenue of US $35 million roughly evenly split between owned and affiliate practices; expected to more than double current Skylight revenue run rate Arranged US $20 million debt facility with New York-based lender Addition of a strong management team to bolster current Skylight experience and bring knowledge in delivering against a successful 5-year track record of generating a surplus under Medicare Advantage (“MA”) risk contracts Company plans to expand risk contracts to existing...

Apollo Completes Acquisition of Griffin Capital

Written by Customer Service on May 3, 2022. Posted in Mergers And Acquisitions.

NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced it has completed its previously announced acquisition of the US asset management business of Griffin Capital (“Griffin”). As a result of the final close, Apollo has added two individual-investor focused products to its platform as well as the associated asset management team. This follows the March 2022 close of Griffin’s wealth distribution business, through which Apollo added approximately 60 client-facing distribution professionals to its Global Wealth business. Stephanie Drescher, Chief Client and Product Development Officer of Apollo, said, “We are excited to close the Griffin Capital acquisition, which has added significant scale, new capabilities and additional investment products to our fast-growing Global Wealth business. We continue to execute...

Day: May 3, 2022

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