Day: May 19, 2022

Quhuo Announces Receipt of Nasdaq Notification Regarding Late Filing of Annual Report on Form 20-F

Written by Customer Service on May 19, 2022. Posted in Public Companies.

BEIJING, May 19, 2022 (GLOBE NEWSWIRE) — Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”), a leading gig economy platform from China, today announced that it received a notification letter dated May 18, 2022 (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (“Nasdaq”), indicating that the Company is no longer in compliance with the Nasdaq Listing Rules since the Company has not yet filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the “2021 Form 20-F”). Nasdaq Listing Rule 5250(c)(1) requires Nasdaq-listed companies to timely file all periodic reports. This Notification Letter has no immediate effect on the listing of the Company’s American depositary shares on the Nasdaq Global Market. Pursuant to the Nasdaq Listing Rules, the Company has...

Orca Plan Of Arrangement Completed

Written by Customer Service on May 19, 2022. Posted in Public Companies.

PERTH, Western Australia, May 19, 2022 (GLOBE NEWSWIRE) — Perseus Mining Limited (“Perseus”) (ASX/TSX:PRU) is pleased to announce that its acquisition of all of the outstanding common shares of Orca Gold Inc. (“Orca”) (TSXV: ORG) not already owned by Perseus, by way of a statutory plan of arrangement under the Canada Business Corporations Act (the “Arrangement”) completed on May 19, 2022, Vancouver time. A total of 125,278,266 Perseus shares has been issued to Orca shareholders under the Arrangement bringing the total number of Perseus shares on issue to 1,359,346,713. Prior to the completion of the Arrangement, Perseus owned or controlled, indirectly through Perseus Canada Holdings Ltd. (“PCHL”), 39,092,233 common shares of Orca (“Orca Common Shares”), representing approximately 15% of the issued and outstanding Orca Common Shares....

The Tile Shop to Participate in the Loop Capital Markets Investor Conference

Written by Customer Service on May 19, 2022. Posted in Public Companies.

MINNEAPOLIS, May 19, 2022 (GLOBE NEWSWIRE) — Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced Cabell Lolmaugh, CEO, Karla Lunan, CFO, and Mark Davis, Vice President of Investor Relations and Chief Accounting Officer, will participate in the 3rd Annual Loop Capital Markets Investor Conference. The conference will take place June 1-2, 2022. The first day (June 1) will be virtual 1×1 and group meetings. The second day (June 2) will be in-person 1×1 and group meetings at the Westin New York Times Square (270 West 43rd Street). The Company will participate virtually on June 1. To schedule a one-on-one meeting with management, please contact your Loop Capital Markets representative, or Mr. Davis at mark.davis@tileshop.com or (763) 852-2978. In...

POINT Biopharma to Participate in Upcoming Investor Conferences

Written by Customer Service on May 19, 2022. Posted in Public Companies.

INDIANAPOLIS, May 19, 2022 (GLOBE NEWSWIRE) — POINT Biopharma Global Inc. (NASDAQ: PNT) (the “Company” or “POINT”), a company accelerating the discovery, development and global access to life-changing radiopharmaceuticals, today announced that the Company’s Chief Executive Officer, Dr. Joe McCann, will participate in the following upcoming investor conferences. UBS Global Healthcare Conference 2022Format: Fireside chatDate: Tuesday, May 24, 2022Time: 9:15 am ET Jefferies Healthcare ConferenceFormat: Fireside chatDate: Thursday, June 9, 2022Time: 10:00 am ET Webcasts will be available on the Company’s website, http://www.pointbiopharma.com, under “Events” in the investors section. An archived replay of the webcasts will be available for approximately 30 days. About POINT Biopharma Global Inc.POINT Biopharma Global Inc. is a globally...

NFI Provides Update on NFI Forward 2.0 Business Transformation Initiatives

Written by Customer Service on May 19, 2022. Posted in Public Companies.

WINNIPEG, Manitoba, May 19, 2022 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced an update regarding “NFI Forward 2.0”, a series of new projects that are part of the Company’s business optimization and cost reduction initiatives. Today’s announcement includes the closure of the Motor Coach Industries (“MCI”) coach manufacturing facility in Pembina, North Dakota, anticipated to occur in the fourth quarter of 2022. Originally launched in July 2020, NFI Forward included a number of major initiatives targeted to drive approximately $67 million in annual overhead and sales, general and administration savings by the end of 2023 from 2019 levels, plus an additional $10 million...

Melcor REIT announces Annual General and Special Meeting Trustee Vote Results

Written by Customer Service on May 19, 2022. Posted in Public Companies.

EDMONTON, Alberta, May 19, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced the results of its annual general and special meeting, held today. A total of 18,147,560 units were voted by proxy, representing 62.39% of the outstanding units as of the record date. Unitholders approved all items of business before the AGM, including the election of trustees as follows: Nominee % Votes For % Votes Withheld Carolyn Graham 99.56% 0.44% Richard Kirby 99.51% 0.50% Bernie Kollman 99.53% 0.47% Andrew Melton 99.47% 0.53% Larry Pollock 99.55% 0.45% Ralph Young 99.36% 0.64% About Melcor REITMelcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial...

Sulliden Mining Capital Inc. Acquires Securities in Xander Resources Inc.

Written by Customer Service on May 19, 2022. Posted in Mergers And Acquisitions.

TORONTO, May 19, 2022 (GLOBE NEWSWIRE) — On May 3, 2022, Sulliden Mining Capital Inc. (TSX: SMC) (“Sulliden” or the “Company”) acquired 7,142,857 Units (“Units”) of Xander Resources Inc. (“Xander”) (TSXV: XND) (OTCQB: XNDRF) (FSX: 1XI) pursuant to Xander’s non-brokered private placement. Each Unit consists of one common share of Xander and one transferable common share purchase warrant exercisable at a price of $0.10 per share until April 29, 2025. Prior to the acquisition of the aforesaid securities, Sulliden did not, neither directly nor indirectly beneficially own Xander common shares. As a result of this transaction, Sulliden now owns 7,142,857 common shares and 7,142,857 warrants, which represents approximately 10.18% of the outstanding common shares of Xander on an undiluted basis and 18.48% on a diluted basis. Sulliden acquired...

Howard’s Rapid Growth Trajectory Continues With Acquisition of Ward’s Appliance

Written by Customer Service on May 19, 2022. Posted in Mergers And Acquisitions.

Independent Retailer Expands Its SoCal Professional Builder Services Program LA HABRA, Calif., May 19, 2022 (GLOBE NEWSWIRE) — Howard’s, Southern California’s premier independent appliance retailer, today announced that it has acquired Long Beach-based Ward’s Appliance to expand its professional builder services division. The fourth-generation, family-owned and operated Ward’s has called Long Beach home since 1941, serving its share of the local market’s home appliance needs. Howard’s is bringing together the procurement of Ward’s with that of last fall’s Taylor’s Appliance in Riverside to further bolster its professional business sector, servicing the appliance needs of builders throughout Southern California. “The merger of Ward’s and Howard’s Pro Group, allows Howard’s to significantly expand its B2B unit,” said John Riddle,...

LMP Automotive Holdings, Inc. Announces it Will Restate Previously Issued Financial Statements as of and For Each of the First Three Quarterly Periods in 2021

Written by Customer Service on May 19, 2022. Posted in Earnings Releases And Operating Results.

FORT LAUDERDALE, FL, May 19, 2022 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced that it plans to restate previously issued financial statements as of and for each of the first three quarterly periods in 2021 to correct certain accounting items. On May 16, 2022, management of LMP Automotive Holdings, Inc. and the audit committee of the Company’s board of directors concluded that the Company’s previously issued condensed consolidated financial statements as of and for the quarters ended March 31, 2021, June 30, 2021, and September 30, 2021 are required to be restated and should no longer be relied upon primarily due to the following errors: (i) the improper identification and elimination of intercompany...

LMP Automotive Holdings, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of its Quarterly Report on Form 10-Q for the First Quarter of 2022

Written by Customer Service on May 19, 2022. Posted in Earnings Releases And Operating Results.

FORT LAUDERDALE, FL, May 19, 2022 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced it received a notification of deficiency from Nasdaq related to the delayed filing of its Quarterly Report on Form 10-Q for the first quarter of 2022. On May 19, 2022, it received a standard notice from Nasdaq indicating that, as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2022, the Company remains in non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. As announced on April 20, 2022, the Company had previously received a notice from Nasdaq indicating that as a result of...

Day: May 19, 2022

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