Day: May 17, 2022

Armstrong Flooring Receives Approval for Additional Financing

Written by Customer Service on May 17, 2022. Posted in Public Companies.

LANCASTER, Pa., May 17, 2022 (GLOBE NEWSWIRE) — Armstrong Flooring, Inc. (the “Company”) today announced that it has received approval from the U.S. Bankruptcy Court for the District of Delaware to access its consensual debtor-in-possession (“DIP”) financing totaling $24 million in net new money. This financing will provide the Company with the necessary liquidity to continue operating in the ordinary course as it pursues a swift, value-maximizing sale process. The DIP financing consists of an asset-based revolving credit facility and a term loan facility (together, the “DIP Facilities”). The DIP Facilities are being provided by the Company’s pre-petition lenders, which include Bank of America, N.A. (“BANA”), other institutional lenders and affiliates of Pathlight Capital LP (“Pathlight”). BANA...

Baudax Bio Announces $2.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

Written by Customer Service on May 17, 2022. Posted in Public Companies.

MALVERN, Pa., May 17, 2022 (GLOBE NEWSWIRE) — Baudax Bio, Inc. (NASDAQ:BXRX) (the “Company”), a pharmaceutical company focused on innovative products for acute care settings, today announced that it has entered into a definitive agreement with certain institutional investors for the issuance and sale of 1,646,091 shares of its common stock, at a purchase price of $1.215 per share, in a registered direct offering priced at-the-market under Nasdaq rules. The Company also agreed to issue to the investors, in a concurrent private placement, unregistered warrants to purchase up to 1,646.091 shares of its common stock. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The warrants have an exercise price of $1.09 per share, will be exercisable immediately upon issuance and will expire five years from...

Hunter Technology Provides Bi-weekly Default Status Report

Written by Customer Service on May 17, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, May 17, 2022 (GLOBE NEWSWIRE) — Hunter Technology Corp. (TSX- V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”) is providing this status update in accordance with its obligations under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), which require the Company to provide bi-weekly updates until such time as the Company is current with its filing obligations under Canadian securities laws. As previously announced, the Company is subject to a management cease trade order (“MCTO“) issued by the British Columbia Securities Commission dated May 3, 2022. The MCTO prohibits the directors and executive officers of the Company from trading in or acquiring securities of the Company until two full business days after the Company...

Northrop Grumman Increases Quarterly Dividend 10 Percent to $1.73

Written by Customer Service on May 17, 2022. Posted in Dividend Reports And Estimates.

FALLS CHURCH, Va., May 17, 2022 (GLOBE NEWSWIRE) — The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.73 per share on Northrop Grumman common stock, payable June 15, 2022, to shareholders of record as of the close of business May 31, 2022. “Northrop Grumman remains focused on deploying our capital in value-creating ways for our customers and investors,” said Kathy Warden, chair, chief executive officer and president. “We are investing in our business to support our growth and we continue to provide a competitive return of capital to shareholders. This includes today’s 10 percent increase to our dividend, which represents the 19th consecutive annual increase.” Northrop Grumman is a technology company, focused on global security and human discovery. Our pioneering solutions equip...

Usio to Participate in the H.C. Wainwright Global Investment Conference

Written by Customer Service on May 17, 2022. Posted in Public Companies.

SAN ANTONIO, May 17, 2022 (GLOBE NEWSWIRE) — Usio, Inc: (Nasdaq:USIO), a leading FinTech integrated payment solutions provider, today announced that management will participate in the H.C. Wainwright Global Investment Conference being held May 23 – 26, 2022 in Miami, Florida. Louis Hoch, Chief Executive Officer; Greg Carter, Senior Vice President, Payment Facilitation; and Houston Frost, Senior Vice President, Prepaid Services, will be representing the Company. The Company’s on-demand audio webcast will be held on May 24, 2022, at 1:30 pm ET, and will be accessible in the investor relations section of Usio’s website at www.usio.com. Investors interested in arranging a meeting with the Company’s management during the conference should contact meetings@hcwo.com or email joeh@gregoryfca.com. About Usio, Inc. Usio, Inc. (Nasdaq:USIO),...

TULSA-PRO® Was Front and Center at AUA2022

Written by Customer Service on May 17, 2022. Posted in Public Companies.

Activities Highlighting Profound’s Ground-Breaking Technology Included a Semi-Live TULSA Procedure Performed by UT Southwestern’s Dr. Kenneth A. Goldberg During Meeting’s Plenary Session TORONTO, May 17, 2022 (GLOBE NEWSWIRE) — Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, today announced that multiple clinical presentations and product demonstrations performed at the American Urological Association’s (“AUA”) 2022 Annual Meeting, which took place from May 13 – 16 in New Orleans, highlighted the ability of TULSA-PRO® to effectively and safely ablate physician-prescribed prostate tissue in an unrivaled variety of patients with prostate cancer and benign...

Atico Reports Consolidated Financial Results for First Quarter of 2022

Written by Customer Service on May 17, 2022. Posted in Earnings Releases And Operating Results.

(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, May 17, 2022 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the three months ended March 31, 2022, posting income from mining operations of $9.1 million and a net income of $3.9 million. Production for the period at Atico’s El Roble mine totaled 4.7 million pounds (“lbs”) of copper and 2,636 ounces (“oz”) of gold in concentrate at a cash cost(1) of $1.29 per payable pound of copper(2). Fernando E. Ganoza, CEO and Director, commented, “We are pleased to report strong financial results despite selling only one concentrate shipment in the period. These results were underpinned by operations exceeding our copper and gold production targets while coming...

Colliers declares semi-annual dividend

Written by Customer Service on May 17, 2022. Posted in Dividend Reports And Estimates.

TORONTO, May 17, 2022 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX and NASDAQ: CIGI) (“Colliers”) announced today that its Board of Directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the “Common Shares”) of US$0.15 per Common Share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on July 14, 2022 to holders of Common Shares of record at the close of business on June 30, 2022. The dividend is an “eligible dividend” for Canadian income tax purposes. About Colliers Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively...

CubeSmart Declares Second Quarter 2022 Dividend

Written by Customer Service on May 17, 2022. Posted in Dividend Reports And Estimates.

MALVERN, Pa., May 17, 2022 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.43 per common share for the period ending June 30, 2022. The dividend is payable on July 15, 2022 to common shareholders of record on July 1, 2022. About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,277 self-storage properties across the United States. According to the 2022 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine care. The Company’s...

Procaps Group to Acquire Grupo Somar (including Química y Farmacia, Gelcaps and related entities) from Advent International, gaining an important presence in Mexico, the Region’s Second Largest Market

Written by Customer Service on May 17, 2022. Posted in Mergers And Acquisitions.

This acquisition reaffirms Procaps Groups’ strategy to become one of the fastest growing pharmaceutical organizations in Latin America With FY2021 Net Revenues of $184 million, Grupo Somar is one of the most relevant independent pharma companies in Mexico MIAMI and BARRANQUILLA, Colombia, May 17, 2022 (GLOBE NEWSWIRE) — Procaps Group (NASDAQ: PROC) (“Procaps”), a leading integrated LatAm healthcare and pharmaceutical conglomerate, today announced it has entered into a definitive agreement to acquire Grupo Somar (including Grupo Farmacéutico Somar and Química y Farmacia and, Gelcaps and related entities) from Advent International (“Advent”), one of the world’s largest private equity investors. Grupo Somar is an integrated pharmaceutical company focused on developing, manufacturing, and marketing high-quality branded generic, private...

Day: May 17, 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice