Amcomri Reports Increase in Revenues, Gross Margin and Net Income for the First Quarter of Fiscal 2022

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

Revenues increased 81.5% year-over-year to $4.2 million Gross margin improved to 80.2% from 69.0% in Q1 2021 Net income after accounting for the cost associated with the reverse takeover of Appreciated Media totaled $0.8 million compared to $0.5 million in same period of 2021 EBITDA grew 38.1% year-over-year to $1.3 million Completed reverse takeover of Appreciated Media and the acquisition of Silentpoint VANCOUVER, British Columbia, May 19, 2022 (GLOBE NEWSWIRE) — Amcomri Entertainment Inc. (“Amcomri” or the “Company”) (NEO: AMEN) (OTC: AMNNF) (Frankfurt: 25YO), a global producer and distributor of independent movies, TV series and documentaries, announced today financial results for the first quarter ended March 31, 2022. All dollar amounts are in Canadian dollars unless otherwise stated. “We’re delighted with our strong financial...

InPlay Oil Corp. Announces Annual Meeting Voting Results for Election of Directors

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

CALGARY, Alberta, May 19, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announced today the voting results for the election of directors at its annual meeting of shareholders held on May 19, 2022 (the “Meeting”). The following five nominees were elected as directors of InPlay to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with common shares represented at the Meeting voting in favour of individual nominees as follows: Director Percentage Approval Percentage Withheld Douglas J. Bartole 99.8 % 0.2 % Joan E. Dunne 99.6 % 0.4 % Craig Golinowski 99.5 % 0.5 % Stephen C. Nikiforuk 99.7 % 0.3 % Dale O. Shwed 99.4 % 0.6 % For complete voting results, please see our...

Altisource Asset Management Corporation Announces Departure of Officer

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

CHRISTIANSTED, U.S. Virgin Islands, May 19, 2022 (GLOBE NEWSWIRE) — Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today affirmed that Thomas K. McCarthy’s term as Interim Chief Executive Officer expires on May 31, 2022 in accordance with the terms of his employment agreement. The Company will pay Mr. McCarthy a bonus of $250,000 in recognition of his contributions to the Company during his tenure as Interim Chief Executive Officer. Recent Developments The Company is also announcing that: The Company has hired a new Head of Sales for its Alternative Lending Group (“ALG”) to join the Company on or before June 16, 2022. Our new Head of Sales has over twenty-five years of experience as a Sales Executive with knowledge and expertise in the bridge space, whole loan trading and mortgage...

Visionary Education Technology Holdings Group Inc. Announces Closing of US$17 Million Firm Commitment Initial Public Offering

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

Markham, Canada, May 19, 2022 (GLOBE NEWSWIRE) — Visionary Education Technology Holdings Group Inc. (the “Company”) (Nasdaq: VEDU), a private education provider located in Canada that offers high-quality education resources to students around the globe, today announced the closing of its initial public offering (the “Offering”) of 4,250,000 common shares at a public offering price of US$4.00 per common share. The Company received aggregate gross proceeds of US$17 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 637,500 common shares at the public offering price, less underwriting discounts and commissions. The common shares began trading on the Nasdaq Capital Market on May 17, 2022...

Republic First Bancorp, Inc. Receives Notice of Additional Filing Delinquency From Nasdaq

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

PHILADELPHIA, May 19, 2022 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (NASDAQ: FRBK) ( the “Company”), the holding company for Republic Bank, received written notification from The NASDAQ Stock Market (“Nasdaq”) on May 13, 2022 that the Company is not in compliance with the Nasdaq Listing Rules because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 (the “Quarterly Report”). The Company had received an initial notice from Nasdaq, dated April 1, 2022, relating to the Company’s failure to timely file its Form 10-K for the year ended December 31, 2021 (the “Annual Report”). Nasdaq Listing Rule 5250(c)(1) requires Nasdaq-listed companies to timely file all periodic reports. As previously reported by the Company, the Audit Committee of the Company’s board of directors has engaged...

Hinkley Point C Update

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

Hinkley Point C Update A review of the schedule and cost for the two Hinkley Point C reactors has been finalised1 and it has concluded: The start of electricity generation for Unit 1 is targeted for June 2027, the risk of further delay of the two units is assessed at 15 months, assuming the absence of a new pandemic wave and no additional effects of the war in Ukraine2. The project completion costs are now estimated in the range of £25Bn to £26Bn (2015)3. Under the terms of the Contract for Difference, there is no impact for UK consumers. During more than two years of the Covid-19 pandemic, the project continued without stopping. This protected the integrity of the supply chain and allowed the completion of major milestones. However, people, resources and supply chain have been severely constrained and their efficiency has been restricted....

Apollo Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended March 31, 2022

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

Fiscal Fourth Quarter Financial Results: Net investment income per share for the quarter was $0.42 compared to $0.35 for the quarter ended December 31, 2021 Net asset value per share as of the end of the quarter was $15.79 compared to $16.08 as of December 31, 2021, a decrease of 1.8% attributable to a decline in Merx and certain non core assets(1) New investment commitments made during the quarter totaled $116 million(2) Gross fundings during the quarter totaled $220 million(3) consisting $115 million of term loans and $105 million(4) of revolvers Gross exits during the quarter totaled $274 million, primarily consisting of $10 million of term loan sales, $124 million of term loan repayments, $7 million of equity positions, and $133 million of gross revolver paydowns(5) — Sales and repayments include $7 million of second lien corporate...

Palmetto GBA’s MolDX Issues Foundational LCD Covering the Indication for SelectMDx for Prostate Cancer

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

NEWS RELEASE – REGULATED INFORMATIONMay 19, 2022, 4:00PM EDT / 22:00 CET Palmetto GBA’s MolDX Issues Foundational LCD Covering the Indication for SelectMDx® for Prostate Cancer IRVINE, CA, and HERSTAL, BELGIUM – May 19, 2022 – – MDxHealth SA (NASDAQ/Euronext: MDXH), a commercial stage precision diagnostics company, announces that Palmetto GBA, a Medicare Administrative Contractor (MAC) that assesses molecular diagnostic technologies under its MolDX program, has finalized a foundational Local Coverage Determination (LCD) for Molecular Biomarkers to Risk-Stratify Patients at Increased Risk for Prostate Cancer that covers the indication for our SelectMDx® for Prostate Cancer test. The foundational LCD identifies evidence supporting the clinical utility of our SelectMDx test and, when the LCD becomes effective on July 3, 2022,...

Imperial Petroleum Announces Closing of $40 Million Underwritten Public Offering

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

ATHENS, Greece, May 19, 2022 (GLOBE NEWSWIRE) — Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”) announced today the closing of an underwritten public offering of 72,727,272 units at a price of $0.55 per unit. Each unit consisted of one share of common stock and one Class C warrant to purchase one share of common stock, and immediately separated upon issuance. In addition, the Company granted the underwriter a 45-day option to purchase up to an additional 10,909,090 shares of common stock and/or prefunded warrants and/or 10,909,090 Class C warrants, at the public offering price less underwriting discounts and commissions, which the underwriter has partially exercised to purchase 10,909,090 additional Class C Warrants. The gross proceeds of the offering to the Company, before underwriting discounts and commissions and estimated...

Quanex Building Products Announces Second Quarter 2022 Earnings Release and Conference Call Schedule

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

HOUSTON, TEXAS, May 19, 2022 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced plans to release its second quarter 2022 results on Thursday, June 2, 2022 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call for Friday, June 3, 2022 at 11:00 a.m. ET (10:00 a.m. CT) to discuss the release. Investors may participate in the conference call via telephone by dialing (877) 388-2139 for domestic callers or (541) 797-2983 for international callers, in both cases using conference passcode 7942145, and asking for the Quanex call a few minutes prior to the start time. A link to the live audio webcast will also be available on the Company’s website at http://www.quanex.com in the Investors section under Presentations & Events. A...

Day: May 19, 2022

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