Month: May 2022

Ungerboeck’s Latest Acquisition Enables Launch of Risk Management Tool for Venues and Events

Written by Customer Service on May 24, 2022. Posted in Mergers And Acquisitions.

ST. LOUIS, May 24, 2022 (GLOBE NEWSWIRE) — Ungerboeck, the global leader in event management software, announced today that it has acquired the products developed by risk management agency Reliance Risk and will be debuting an industry-first application for mitigating risk to events and venues. Risk management is an essential part of venue management and event planning. As the industry continues to be impacted by major shocks like the COVID-19 pandemic, terrorism, accidents, and severe weather incidents, Ungerboeck is committed to helping its customers better manage risks of all kinds. The acquisition of both Reliance Risk products, RiskSense101 and VRM360, gives Ungerboeck the power to offer a valuable new solution: Risk Manager by Ungerboeck. The new application is specifically designed to give venue and event organizers a better...

Pasinex Announces First Quarter 2022 Financial Results

Written by Customer Service on May 24, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 24, 2022 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) today reports the Company’s financial and operating results for the three months ended March 31, 2022. Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “This was an exceptional quarter for the Company, with the Joint Venture posting superb operating results both in sales and production, cash flowing from Horzum AS to Pasinex Arama and Pasinex Canada and the start of an exploration program on the Company’s Gunman Project in Nevada. The improvement in the Company’s balance sheet has been substantial and we are pleased to report we have sufficient cash on hand to fund our activities for the next year and beyond. A statement we haven’t been able to make in years. This has been a great start to what could...

MICT Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) regarding its Inability to File its Form 10-Q Due to the Impact of Strict COVID-19 Lockdown Restrictions in China on the completion of its Audit)

Written by Customer Service on May 24, 2022. Posted in Public Companies.

MONTVALE, N.J., May 24, 2022 (GLOBE NEWSWIRE) — MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”), today announced that it received written notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2022 (“Q1 Form 10-Q”). The Notice has no immediate effect on the listing or trading of MICT’s common stock on the Nasdaq Capital Market. Under the Nasdaq Rules the Company has until June 20, 2022 to file the Q1 Form 10-Q with the SEC or submit a plan to regain compliance with Rule 5250(c)(1). If the Company is unable to file the Q1 Form 10-Q with the SEC by June 20, 2022 but has...

SmartCentres Declares Distribution for May 2022

Written by Customer Service on May 24, 2022. Posted in Dividend Reports And Estimates.

TORONTO, May 24, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of May 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on June 15, 2022 to unitholders of record on May 31, 2022. About SmartCentres SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 174 strategically located properties in communities across the country. SmartCentres has approximately $11.7 billion in assets and owns 34.7 million square feet of income producing value-oriented retail and first-class office space with 97.2% occupancy, on 3,500 acres of owned land across...

Toll Brothers Reports FY 2022 2nd Quarter Results

Written by Customer Service on May 24, 2022. Posted in Earnings Releases And Operating Results.

Addison Pond Raleigh, NCFORT WASHINGTON, Pa., May 24, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its second quarter ended April 30, 2022. FY 2022’s Second Quarter Financial Highlights (Compared to FY 2021’s Second Quarter):Net income and earnings per share were $220.6 million and $1.85 per share diluted, compared to net income of $127.9 million and $1.01 per share diluted in FY 2021’s second quarter. Pre-tax income was $295.8 million, compared to $169.8 million in FY 2021’s second quarter. Home sales revenues were $2.2 billion, up 19% compared to FY 2021’s second quarter; delivered homes were 2,407, up 6%. Net signed contract value was $3.1 billion, up 1% compared to FY 2021’s second quarter; contracted homes were...

Soluna Holdings, Inc. Announces Closing of $1.29 Million Public Offering of Series A Preferred Stock from Exercise of Over-Allotment Option

Written by Customer Service on May 24, 2022. Posted in Public Companies.

ALBANY, NY, May 24, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Soluna Holdings, Inc. (“SHI” or the “Company”) (Nasdaq: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced that it closed an over-allotment offering for the issuance and sale of an additional 73,518 shares (the “Option Shares”) of its 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (“Series A Preferred Stock”), to the underwriters for its previously announced public offering of Series A Preferred Stock that closed on April 29, 2022. The underwriters exercised their over-allotment option for the Option Shares at a price to the public of $17.50 per share, resulting in additional gross proceeds of approximately...

Raymond James Financial Reports April 2022 Operating Data

Written by Customer Service on May 24, 2022. Posted in Earnings Releases And Operating Results.

ST. PETERSBURG, Fla., May 24, 2022 (GLOBE NEWSWIRE) — Raymond James Financial, Inc. (NYSE: RJF) today reported selected operating data for April 2022, in an effort to provide timely information to investors about monthly developments in certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. “While advisor retention and recruiting remained strong across our multiple affiliation options, client assets decreased compared to the preceding month primarily driven by declines in the equity markets,” said Chair and CEO Paul Reilly. “Investment banking pipelines are healthy, but M&A and underwriting activity has slowed significantly across the industry due to geopolitical and macroeconomic uncertainties.”Selected Key Metrics As of ...

Intricon Announces Completion of Acquisition by an Affiliate of Altaris Capital Partners

Written by Customer Service on May 24, 2022. Posted in Mergers And Acquisitions.

Investment by Altaris Supports Intricon’s Ability to Deliver Innovative Solutions and Service to its Customers ARDEN HILLS, Minn., May 24, 2022 (GLOBE NEWSWIRE) — Intricon Corporation (NASDAQ: IIN), an international joint development manufacturer engaged in designing, developing, engineering, manufacturing, and packaging miniature interventional, implantable and body-worn medical devices, today announced the completion of its acquisition by funds affiliated with Altaris Capital Partners, LLC (together with certain affiliated entities, “Altaris”) for $24.25 per share in cash, or approximately $241 million on a fully diluted basis. The transaction was announced on February 28, 2022, and received approval from stockholders on May 24, 2022. As a result of the transaction, Intricon is now a privately held company and its stock will...

Amdocs to Acquire MYCOM OSI in Strategic Growth Move to Assure 5G-Powered Smart World and Monetize New Generation of Intelligent Services

Written by Customer Service on May 24, 2022. Posted in Mergers And Acquisitions.

Acquisition of UK-based company expands Amdocs’ network service assurance and monetization offering with cloud-native, intelligence-powered assurance solution suite to deliver seamless customer experiences JERSEY CITY, N.J., May 24, 2022 (GLOBE NEWSWIRE) — Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that it has entered into a definitive agreement to acquire MYCOM OSI, a UK-headquartered company providing SaaS-based cloud network and service assurance solutions to communications service providers globally. The acquisition will expand Amdocs’ network portfolio to include end-to-end service and network orchestration by bringing key assurance capabilities to power the next generation of networks. MYCOM OSI’s award-winning service assurance suite comprises...

Grindrod Shipping Holdings Ltd. Unaudited Financial Results for the Three Months Ended March 31, 2022

Written by Customer Service on May 24, 2022. Posted in Earnings Releases And Operating Results.

SINGAPORE, May 24, 2022 (GLOBE NEWSWIRE) — Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or the “Company” or the “Group” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced its unaudited earnings results for the three months ended March 31, 2022. Financial Highlights for the Three Months Ended March 31, 2022 Continuing Operations:Revenues of $110.3 millionGross profit of $40.7 millionProfit for the period and attributable to owners of the Company of $29.0 million or $1.55 per ordinary shareAdjusted net income of $29.8 million, or $1.60 per ordinary share(1)Adjusted EBITDA for the period of $50.2 million(1)Handysize and supramax/ultramax TCE per day of $22,201 and $24,385, respectively(1)Period end cash...

Month: May 2022

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