Day: May 20, 2022

BIMI International Medical Announces First Quarter 2022 Financial Results

Written by Customer Service on May 20, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, May 20, 2022 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a healthcare products and services provider, today announced its financial results for the quarter ended March 31, 2022. Revenues for the three months ended March 31, 2022 and 2021 were $5,019,748 and $2,168,004, respectively. Compared with the same period in 2021, revenue increased by $2,851,744 in 2022, mainly due to the $2,073,608 increase in sales of medical devices and $880,202 increase in medical services revenues. The increase in medical device sales is mainly due to higher demand during the first quarter of 2022. The 2022 medical services revenues reflect the revenues generated by three hospitals, which were acquired in May 2021. Cost of revenues for the three months ended March 31, 2022 and 2021 were $3,561,278...

Cartier Closes Private Placement Financing

Written by Customer Service on May 20, 2022. Posted in Public Companies.

VAL-D’OR, Québec, May 20, 2022 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces that it has closed its previously announced private placement (the “Private Placement”) for aggregate gross proceeds of $1,820,000. A total of 14,000,000 units (the “Units”) of Cartier were issued at a price of $0.13 per Unit. Each Unit consisted of one (1) common share of Cartier (a “Common Share”) and one half (0.5) Common Share purchase warrant, each whole warrant entitling the holder to subscribe for one (1) Common Share at a price of $0.16 for a period of thirty-six (36) months following the closing date of the Private Placement. Agnico Eagle now owns approximately 17.7% of the issued and outstanding Common Shares on a non-diluted basis and 19.7% of the issued and outstanding Common Shares on a partially-diluted...

FINWARD BANCORP ANNOUNCES SECOND QUARTER DIVIDEND

Written by Customer Service on May 20, 2022. Posted in Dividend Reports And Estimates.

MUNSTER, Ind., May 20, 2022 (GLOBE NEWSWIRE) — Finward Bancorp (“Finward”), the parent company for Peoples Bank, today announced that the Board of Directors of Finward declared a dividend of $0.31 per share payable on July 7, 2022, with a record date of June 24, 2022. About Finward Bancorp Finward Bancorp is a locally managed and independent financial holding company headquartered in Munster, Indiana, whose activities are primarily limited to holding the stock of Peoples Bank. Peoples Bank provides a wide range of personal, business, electronic and wealth management financial services from its 31 locations in Lake and Porter Counties in Northwest Indiana and the Chicagoland area. Finward Bancorp’s common stock is quoted on the NASDAQ Capital Market under the symbol FNWD. The website ibankpeoples.com provides information...

O2Micro Announces Receipt of an Updated Preliminary Non-Binding Proposal to Acquire the Company

Written by Customer Service on May 20, 2022. Posted in Mergers And Acquisitions.

GEORGE TOWN, Grand Cayman, May 20, 2022 (GLOBE NEWSWIRE) — O2Micro International Limited (NASDAQ Global Select Market: OIIM) (“O2Micro” or the “Company”), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today announced that its board of directors (the “Board”) has received an updated preliminary non-binding proposal letter (the “Proposal Letter”), dated May 20, 2022, from FNOF Precious Honour Limited (“FNOF”), Mr. Sterling Du, the Chief Executive Officer and the Chairman of the Board, and Mr. Perry Kuo, the Chief Financial Officer and a director of the Company (collectively, the “Consortium”), to acquire all of the outstanding ordinary shares of the Company (including shares represented by American depositary shares (the “ADSs”), each representing 50 shares of the...

LiveToBeHappy Reports First Quarter 2022 Results; Revenues Grow 106% YoY to $2.7 Million

Written by Customer Service on May 20, 2022. Posted in Earnings Releases And Operating Results.

Second Quarter 2022 Revenues Expected to Increase at least 307% Year-over-Year to $11 Million; Full Year 2022 Revenues Expected to Increase at least 132% to $30 Million CHARLOTTE, N.C., May 20, 2022 (GLOBE NEWSWIRE) — LiveToBeHappy, Inc. (OTC: CAVR) (“LTBH” or the “Company”), a vertically integrated lifestyle and real estate services company, today announced financial results for the three months ended March 31, 2022. Recent Company HighlightsRevenues increased 106% year-over-year to $2.7 million in the first quarter of 2022 Gross profit increased 84% year-over-year to $473,000 in the first quarter of 2022 Completed five acquisitions in the fourth quarter of 2021, which in aggregate are accretive to revenues and gross profitManagement Commentary “Our revenue and gross profit growth in the first quarter is a direct result of...

Vitru Limited Announces the Closing of its Business Combination with Unicesumar

Written by Customer Service on May 20, 2022. Posted in Mergers And Acquisitions.

FLORIANÓPOLIS, Brazil, May 20, 2022 (GLOBE NEWSWIRE) — Vitru Limited, or “Vitru” (Nasdaq: VTRU) announces that its business combination with CESUMAR – Centro de Ensino Superior de Maringá Ltda, or “Unicesumar”, closed today. As previously disclosed, the purchase price amounted to R$3.15 billion as of March 31, 2021, to be adjusted in the following weeks based on the closing balance sheet of Unicesumar. The purchase price will be paid as follows:62.9% in cash paid today; 19.4% through the issuance of 7,182,385 new Vitru common shares (5,144,383 common shares issued and delivered today, and 2,038,002 common shares will be withheld as an indemnification guarantee, to be released at a later date), which will not be freely transferable for a period of six months; and 17.7% in cash to be paid 12 months after closing, adjusted by the...

Purpose Investments Inc. Announces Correction to Record and Ex-Distribution Dates and Distribution Rate for PSU.U

Written by Customer Service on May 20, 2022. Posted in Dividend Reports And Estimates.

TORONTO, May 20, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (Purpose Investments) today announced corrections to the May 2022 record date, ex-distribution date, and distribution rate for Purpose US Cash ETF (TSX: PSU.U; the ETF). The press release on May 17, 2022, reported an incorrect record date and ex-distribution date for the ETF of May 30, 2022, and distribution rate of US$ 0.0834. The correct record date and ex-distribution date for the ETF will be May 27, 2022, and the updated distribution rate is US$ 0.0749. Fund Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution FrequencyPurpose US Cash Fund – ETF Units PSU.U US$ 0.0749 05/27/2022 06/07/2022 MonthlyAbout Purpose Investments Inc. Purpose Investments is an asset management company with approximately $14 billion in assets under...

TAAT® Closes Acquisition of Ohio-Based Tobacco Distributor

Written by Customer Service on May 20, 2022. Posted in Mergers And Acquisitions.

Picture 1 The acquisition of HLND by TAAT® can create numerous potential benefits for the Company, which are discussed by TAAT® Co-Founder Joe Deighan as well as Pat Bell and Barry Adelman of ADCO in a video recently released after the acquisition deal closed. The video can be viewed by clicking on the thumbnail above, or by clicking here.TAAT® has now officially acquired a tobacco distributor in Ohio in a strategic maneuver to align its operational practices with leading firms in the USD $812 billion global tobacco industry. TAAT® was first sold in Ohio in December 2020, and following the closure of this acquisition the Company intends to leverage the distributor’s network and capabilities to further strengthen its presence in Ohio and the north-central region of the United States. The details of this acquisition are further described...

Sino Green Land Corp. Announces a One-for-Five Hundred Reverse Stock Split

Written by Customer Service on May 20, 2022. Posted in Public Companies.

Shares of Common Stock Will Begin Trading on Split-Adjusted Bases May 18, 2022 KUALA LUMPUR, MALAYSIA, May 20, 2022 (GLOBE NEWSWIRE) — Sino Green Land Corp. (OTCPK: SGLA), today announced that it will effect a one-for-five hundred reverse stock split of its common stock at May 18, 2022. Beginning with the opening of trading on May 18, 2022, the Company’s common stock will trade on the OTC Markets on a split-adjusted basis under a new CUSIP number 82936V207. The Company’s stockholders approved an amendment authorizing the reverse stock split by a written consent in lieu of a special meeting of stockholders on November 24, 2021. The reverse stock split was effected by filing a Certificate of Amendment to the Company’s Restated Certificate of Incorporation with the Secretary of State of the State of Nevada. The reverse stock...

Allied Copper Comments on Recent Promotional and Trading Activities at Request of OTC Markets

Written by Customer Service on May 20, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, May 20, 2022 (GLOBE NEWSWIRE) — Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the “Company” or “Allied Copper”) has been requested by OTC Markets Group Inc. to issue this statement about promotional activity concerning its common stock. On May 16, 2022, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its common stock traded on the OTCQB Marketplace, including the distribution of a promotional newsletter e-mail published by third parties managed by Emerging Markets Consulting LLC (“EMC”) discussing the industry and Company, its properties and the green energy sector (the “Promotional Content”). OTC Markets provided an example of the promotion material for reference. The Company was aware of the Promotional Content prior to its release...

Day: May 20, 2022

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