Southland Holdings and Legato Merger Corp. II Announce Merger

Written by Customer Service on May 25, 2022. Posted in Mergers And Acquisitions.

Legato II enters into Merger Agreement with Leading Provider of Specialized Infrastructure Construction Services NEW YORK and GRAPEVINE, Texas, May 25, 2022 (GLOBE NEWSWIRE) — Privately held Southland Holdings, LLC (“Southland”), and Legato Merger Corp. II (NASDAQ: LGTO, LGTOU and LGTOW) (“Legato II”), a special purpose acquisition company, today jointly announced that they have signed a definitive agreement for a business combination transaction (the “Business Combination”), which would result in Southland becoming a direct wholly-owned subsidiary of Legato II. As a wholly-owned subsidiary of Legato II, Southland will continue to execute its growth strategies under the leadership of Southland’s current management. Legato II’s Board of Directors will include five directors designated by Southland and two directors designated by...

D-Orbit Launches its Sixth ION Satellite Carrier Mission

Written by Customer Service on May 25, 2022. Posted in Public Companies.

Infinite Blue launched on May 25, 2022, aboard the SpaceX Transporter-5 Mission D-Orbit Launches its Sixth ION Satellite Carrier Mission Photo Credit: SpaceX FINO MORNASCO, Italy, May 25, 2022 (GLOBE NEWSWIRE) — D-Orbit, the space logistics and orbital transportation company in the process of going public through a transaction with Breeze Holdings Acquisition Corp. (NASDAQ: BREZ), today launched Infinite Blue aboard SpaceX’s Transporter-5 mission. Infinite Blue is the sixth commercial mission for D-Orbit’s proprietary orbital transfer vehicle (OTV), ION Satellite Carrier (ION). The Falcon 9 rocket lifted off today, May 25, 2022, at 14:35 EDT from the Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station (CCSFS), Florida. ION, a versatile and cost-effective OTV designed both to precisely deploy satellites and...

Green Plains Announces Redemption of 4.00% Convertible Senior Notes Due 2024

Written by Customer Service on May 25, 2022. Posted in Public Companies.

OMAHA, Neb., May 25, 2022 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ: GPRE) today announced that it has given notice of its intention to redeem all of the outstanding 4.00% Senior Convertible Notes due 2024 (CUSIP 393222AH7) (the “2024 Convertible Notes”) pursuant to the provisional “optional redemption” right in the indenture governing the 2024 Convertible Notes. As of May 25, 2022, there was $64.0 million aggregate principal amount of the 2024 Convertible Notes outstanding. Any 2024 Convertible Notes outstanding on July 11, 2022, will be redeemed in cash for 100% of the principal amount, plus accrued and unpaid interest to, but excluding, the redemption date. The 2024 Convertible Notes are convertible at any time prior to 5:00 p.m. Eastern time on July 8, 2022, into shares of Green Plains common stock. The current conversion...

Freddie Mac Issues Monthly Volume Summary for April 2022

Written by Customer Service on May 25, 2022. Posted in Public Companies.

MCLEAN, Va., May 25, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for April 2022, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog. MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.com INVESTOR...

NVIDIA Announces Financial Results for First Quarter Fiscal 2023

Written by Customer Service on May 25, 2022. Posted in Earnings Releases And Operating Results.

Record quarterly revenue of $8.29 billion, up 46% from a year ago Record quarterly revenue for Data Center and Gaming SANTA CLARA, Calif., May 25, 2022 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported record revenue for the first quarter ended May 1, 2022, of $8.29 billion, up 46% from a year ago and up 8% from the previous quarter, with record revenue in Data Center and Gaming. GAAP earnings per diluted share for the quarter were $0.64, down 16% from a year ago and down 46% from the previous quarter, and include an after-tax impact of $0.52 related to the $1.35 billion Arm acquisition termination charge. Non-GAAP earnings per diluted share were $1.36, up 49% from a year ago and up 3% from the previous quarter. “We delivered record results in Data Center and Gaming against the backdrop of a challenging macro environment,”...

Enersys Reports Fourth Quarter and Full Year Fiscal 2022 Results

Written by Customer Service on May 25, 2022. Posted in Earnings Releases And Operating Results.

$907 million record quarterly net sales +11.5% YOY Backlog grows to $1.3B on robust market demand across all business segments Earnings declined YOY due to lag of price recapture for increased costs from inflation and supply chain constraints Returned $186 million to stockholders through share buybacks and dividends in FY’22 Launched first comprehensive sustainability report in April 2022 READING, Pa., May 25, 2022 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today results for its fourth quarter and full year of fiscal 2022, which ended on March 31, 2022. Key Financial Results and Metrics Fourth Quarter ended Full Year ended In millions, except per share amounts March 31,2022 March 31,2021 Change March 31,2022 March 31,2021 Change Net...

Ayr Wellness Closes Acquisition of Herbal Remedies Dispensaries, LLC

Written by Customer Service on May 25, 2022. Posted in Mergers And Acquisitions.

MIAMI, May 25, 2022 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced it has closed the definitive agreement to acquire Herbal Remedies Dispensaries, LLC (“Herbal Remedies”), an operator of two licensed retail dispensaries in Quincy, Illinois. “We are thrilled to finalize the acquisition of Herbal Remedies, strengthening our operational footprint with the addition of Illinois, a strategic and growing adult-use market,” said Jonathan Sandelman, Founder, Chairman and CEO of Ayr. “The team at Herbal Remedies has created a highly valuable position as one of the first licensed cannabis dispensaries within the state, establishing excellent relationship services that we feel will be a natural fit in...

Safe Bulkers, Inc. Reports First Quarter 2022 Results and Declares Dividend on Common Stock

Written by Customer Service on May 25, 2022. Posted in Earnings Releases And Operating Results.

MONACO, May 25, 2022 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three month period ended March 31, 2022. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share data Q1 2022 Q4 2021 Q3 2021 Q2 2021 Q1 2021 Net revenues 77.7 92.4 92.5 81.6 62.5 Net income 36.4 65.2 55.4 32.4 21.3 Adjusted net income1 32.3 50.4 50.7 36.3 16.7 EBITDA2 51.0 82.4 72.4 50.2 39.3 Adjusted EBITDA2 46.9 67.6 67.7 54.1 34.6 Earnings per share basic and diluted3 0.28 0.51 0.44 0.27 0.18 Adjusted earnings per share...

Quisitive Reports First Quarter 2022 Financial Results

Written by Customer Service on May 25, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 25, 2022 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft solutions and payment solutions provider, today reported financial results for the first quarter ended March 31, 2022. Management Commentary“Quisitive once again recorded significant progress across the two segments of our business, highlighted by a 256% increase in revenues; providing a strong start to fiscal year 2022,” said Quisitive CEO Mike Reinhart. “With a continued emphasis on our Global Cloud Solutions business, we’ve seen the results of our efforts over the previous quarters come to fruition as we continue to expand our services suite to match the rapidly growing demand for digital transformation and cybersecurity. In parallel, our Global Payment...

Proactive news headlines including Endeavour Mining, Nextleaf, Gratomic, The Valens Company and Jushi Holdings

Written by Customer Service on May 25, 2022. Posted in Mergers And Acquisitions.

New York, May 25, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Electra strengthens leadership team with investor relations veteran click here Angle in talks with big pharma over its newly cleared cancer blood diagnostics click here Nextleaf adds to its cannabinoid processing IP portfolio with new Jamaican patent for its foundational extraction method click here Perk Labs inks franchise agreement as it expands into Toronto area click here Endeavour Mining publishes 2021 sustainability report click here Arizona Silver says drilling at Philadelphia project extends high-grade zone click here Fabled Copper reports significant mineralization at BC Davis Keays Eagle Vein click here Sonoro Gold continues to...

Day: May 25, 2022

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