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Month: May 2022

Entourage Reports Record Fiscal Year 2021 Financial Results with $55.2 Million in Total Revenue for a 56% Year-Over-Year Increase and Preliminary Q1 2022 Record Revenue of $17.4 Million

Net revenue increased to $42.2 million for the full year ended December 31, 2021 Preliminary unaudited Q1 2022 total revenue $17.4 million(1) representing 35% YOY growth Upsized credit facility with LiUNA Pension Fund further improves liquidity positionTORONTO, May 09, 2022 (GLOBE NEWSWIRE) — Entourage Health Corp. (formerly WeedMD Inc.) (TSX-V:ENTG) (OTCQX:ETRGF) (FSE:4WE) (“Entourage” or the “Company”), a Canadian producer and distributor of award-winning cannabis products, announced today its financial results for the fiscal year ended December 31, 2021. The Company also announced preliminary unaudited first quarter 2022 total revenue of $17.4 million(1), which represents a direct-to-consumer and patient record increase of approximately 35% on a year-over-year basis. The Company expects to report its first quarter 2022 financial...

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Elliott Investment Management, L.P: Form 8.3 – Brewin Dolphin Holdings Plc

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.         KEY INFORMATION(a) Full name of discloser: Elliott Investment Management, L.P  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named. Elliott International, L.P.Elliott Associates, L.P  (c) Name of offeror/offeree in relation to whose relevant securities this form relates:     Use a separate form for each offeror/offeree Brewin Dolphin Holdings Plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)...

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ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of April 2022

DENVER, May 09, 2022 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial” or the “Company”), today announced that the Company’s estimated and unaudited Net Asset Value (“NAV”) as of April 30, 2022 was $21.36. The NAV was down $0.08 from the prior month. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended April 30, 2022. We advise you that our unaudited NAV per share for the second quarter ending June 30, 2022, will be released as part of our normal quarterly earnings reporting process and may differ materially from this estimated NAV. About ArrowMark Financial Corp. ArrowMark Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol “BANX.” Its...

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Weebit Nano to Share Latest ReRAM Performance Data at the International Memory Workshop (IMW) 2022

HOD HASHARON, Israel, May 09, 2022 (GLOBE NEWSWIRE) — Weebit Nano Limited (ASX:WBT; Weebit or the Company), a leading developer of next-generation memory technologies for the global semiconductor industry, announces its participation in the 14th International Memory Workshop (IMW) 2022. Sponsored by the IEEE Electron Devices Society, IMW is the premier international forum for technologists to share and learn about new developments in memory technology. The hybrid event will be held May 15 -18, 2022. In an invited talk, Weebit’s Chief Scientist Gabriel Molas will present, “High temperature stability embedded ReRAM for 2x nm and beyond,” outlining test results of Weebit ReRAM in 28nm. At 11:00 a.m. CET on Monday, May 16th, Mr. Molas will share details about the technology’s endurance and reliability at high temperatures. In addition,...

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Society Pass Inc (Nasdaq: SOPA) Reports 1Q 2022 Financial Results, Sees 4,582% Year on Year Revenue Growth and Cash on Hand Growth of 33% from Year 2021

First quarter 2022 revenues grew 4,582% year on year (from $9,506 for first quarter ended 31 March 2021 to $445,090 for first quarter ended 31 March 2022). Cash on hand grew over 33% from $23.3 million on 31 December 2021 to $31.0 million on 31 March 2022. With the closed acquisitions of the Pushkart and Handycart business units, SoPa has now amassed over 1.6 million registered consumers and 5,500 registered merchants/brands onto its ever expanding ecosystem. SoPa is well capitalized for planned acquisitions of food & beverage delivery, travel, digital advertising and telecoms verticals in the VIP+T (Vietnam, Indonesia, Philippines and Thailand) countries of Southeast Asia (SEA) in 2Q 2022. SoPa expects to launch the beta version of its Society Pass loyalty points platform in 2Q 2022, which SoPa believes will help substantially...

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Castor Maritime Inc. reports $20.0 Million Net income for the Three Months Ended March 31, 2022.

LIMASSOL, Cyprus, May 09, 2022 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months ended March 31, 2022. Highlights of the First Quarter Ended March 31, 2022:Revenues, net: $54.6 million for the three months ended March 31, 2022, as compared to $7.0 million for the three months ended March 31, 2021; Net income: $20.0 million for the three months ended March 31, 2022, as compared to $1.1 million for the three months ended March 31, 2021; Earnings per common share(1): $0.21 earnings per share for the three months ended March 31, 2022, as compared to earnings per share of $0.02 for the three months ended March 31, 2021; EBITDA(2): $27.9 million for the three months ended March 31, 2022, as compared to $2.6 million...

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Kvika banki hf.: Publication of Q1 financial statement and investor presentation on Thursday 12 May

The board of directors of Kvika banki hf. is set to approve the financial statements of the Group for Q1 2022 at a board meeting on Thursday 12 May. The financial statements will subsequently be published after domestic markets have closed. A meeting for shareholders and market participants will be held the same day, at 16:15 GMT on Thursday 12 May, at the bank’s headquarters on the 9th floor at Katrínartún 2, 105 Reykjavík where the financial results will be presented. The presentation will be conducted in Icelandic and will be streamed live. Further, a recording of the meeting with English subtitles will later be made available on Kvika’s website. Meeting participants will be able to send questions before or during the meeting to the email fjarfestatengsl@kvika.is. The investor presentation will be made public before the meeti...

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Tejon Ranch Co. Announces First Quarter 2022 Financial Results

TEJON RANCH, Calif., May 09, 2022 (GLOBE NEWSWIRE) — Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three-months ended March 31, 2022. “The momentum we created at our commerce center continues with the formation of another joint-venture with Majestic Realty Co., to construct an approximately 446,400 square foot industrial building within our ever-growing distribution hub located in Tejon Ranch Commerce Center (TRCC),” said Gregory S. Bielli, President and CEO of Tejon Ranch. “With the sale of a 12.3-acre land parcel in the first quarter to Dedeaux Properties, all of the land on the west side of TRCC is now fully absorbed. We plan to continue to build off this momentum as we work to complete our design efforts for the multi-family...

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CORRECTING AND REPLACING — Amicus Therapeutics Announces First Quarter 2022 Financial Results

1Q22 Galafold® Revenue Growth of 18.5% to $78.7M New Composition of Matter Patent for Galafold® Strengthens U.S. Patent Protection into 2038 Advancing U.S. and EU Regulatory Reviews and Launch Preparations for AT-GAA in Pompe Disease Positive Long-Term Data from Phase 1/2 Study of AT-GAA in Pompe Disease Presented at 2022 MDA Conference Conference Call and Webcast Today at 8:30 a.m. ET PHILADELPHIA, May 09, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Amicus Therapeutics, Inc., (Nasdaq: FOLD) please note that in the third bullet under the First Quarter 2022 Financial Results section, the Total GAAP operating expenses should be $146.5 million, not $147.1 million as previously stated. The corrected release follows: Amicus Therapeutics (Nasdaq: FOLD), a patient-dedicated global biotechnology...

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Vestjysk Bank’s Q1 2022 Quarterly Report

Nasdaq Copenhagen A/S 9 May 2022Highlights for Q1 2022 For Q1 2022, Vestjysk Bank reported an acceptable profit before tax of DKK 99m. Net interest and fee income is reported at DKK 369, which is satisfactorily and DKK 39m better than the same period last year, where the net interest and fee income was DKK 330m. The financial performance was affected by the increasing interest rate level in the market. The increasing interest rates had a negative impact on the market value of the Bank’s own portfolio of bonds, and price adjustments affected profit adversely by DKK 58m. The Bank’s write-downs for the period were not significantly affected by the aftermath of the Corona pandemic, Brexit or the risk of further spread of African swine fever. The same applies in relation to the current situation of the war in Ukraine. The Bank continues...

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