Day: June 1, 2022

Maris-Tech Initiates up to $1 Million Share Repurchase Plan Process

Written by Customer Service on June 1, 2022. Posted in Public Companies.

REHOVOT, Israel, June 01, 2022 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of intelligent video transmission technology, today announced that its board of directors has authorized a share repurchase plan (the “Repurchase Plan”) allowing the Company to invest up to $1 million to repurchase its ordinary shares, no par value (the “Ordinary Shares”). The Repurchase Plan authorizes the Company’s management to repurchase Ordinary Shares, from time to time, in open market transactions, and/or in privately negotiated transactions or in any other legally permissible ways, depending on market conditions, share price, trading volume and other factors. Such repurchases will be made in accordance with applicable U.S. securities laws and regulations, under the U.S. Securities Exchange Act...

Salona Global Medical Device Corporation Releases Audited Fiscal Year-end Financials; Highlights Significant Revenue, Gross Profit Growth and Vertical Integration From Acquisitions; Announces Timing and Details for the Year-end Call and 10-K Filing

Written by Customer Service on June 1, 2022. Posted in Earnings Releases And Operating Results.

SAN DIEGO, June 01, 2022 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (“SGMD”, “Salona Global” or the ‎‎“Company”) (TSXV:SGMD), ‎an acquisition focused and vertically integrated medical device company serving the global injury and surgery recovery (known as recovery science) market, announced today it released audited financial statements and highlighted progress made during its fiscal year ended February 28, 2022. The Company is also pleased to announce that it will be hosting a call by Chairman and interim CEO Les Cross on the one-year anniversary of listing: June 9th, 2022, at 5pm (eastern time). Fiscal Year Highlights:(March 1, 2021, to February 28, 2022) Salona Global Medical Device Corporation was listed (post change of business transaction) on the TSX-V on June 9, 2021, under the ticker SGMD. Since the listing...

Hovnanian Enterprises Reports Fiscal 2022 Second Quarter Results

Written by Customer Service on June 1, 2022. Posted in Earnings Releases And Operating Results.

161% Year-over-Year Increase in Pretax ProfitGross Margin Percentage Increased 520 Basis Points Year-over-Year5% Increase in Consolidated Dollar Amount of Contracts 16% Increase in Consolidated Backlog Dollars to $2.06 BillionEarly Retirement of $100 Million of Senior Secured Notes MATAWAN, N.J., June 01, 2022 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal second quarter and six-month period ended April 30, 2022. RESULTS FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED APRIL 30, 2022:Total revenues were $702.5 million in the second quarter of fiscal 2022, compared with $703.2 million in the same quarter of the prior year. For the six months ended April 30, 2022, total revenues were $1.27 billion compared with $1.28 billion in the same period during the...

CSX Completes Acquisition of Pan Am Railways

Written by Customer Service on June 1, 2022. Posted in Mergers And Acquisitions.

JACKSONVILLE, Fla., June 01, 2022 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) today announced it has completed the acquisition of Pan Am Railways, Inc. (Pan Am), expanding its reach into the rapidly growing Northeast region of the country. “We are excited to welcome Pan Am’s experienced railroaders into the CSX family and look forward to the improvements we will make together to this important rail network in New England, bringing benefits to all users of rail transportation in the Northeast region,” said president and chief executive officer, James M. Foote. “This acquisition demonstrates CSX’s growth strategy through efficient and reliable freight service and will provide sustainable and competitive transportation solutions to New England and beyond.” Completion of this transaction comes 6 weeks after CSX received regulatory approval...

Tango Acquires billie: New Capabilities Deepen Workplace Engagement and Help Companies Achieve Employee-Centric ESG Goals

Written by Customer Service on June 1, 2022. Posted in Mergers And Acquisitions.

Deal accelerates Tango’s vision of optimizing the intersection of People and Place DALLAS, June 01, 2022 (GLOBE NEWSWIRE) — Tango, a leading provider of cloud-based store lifecycle management and integrated workplace management software, today announced it has acquired billie, a mobile-first workplace application that uses gamification to engage employees and modernize workspace solutions. The transaction further extends Tango’s position as the global leader in real estate and facilities management. Most organizations have focused on the management of “Place” – the planning, building, and operating of real estate locations and the assets within them. With the acquisition of AgilQuest, and now billie, Tango has expanded to the equally important “People” side of real estate, ensuring employees are engaged and productive at the workplace....

Ryman Hospitality Properties, Inc. Closes Acquisition of Block 21 in Austin, Texas From Stratus Properties Inc. and Provides Second Quarter and Full Year Operating Update

Written by Customer Service on June 1, 2022. Posted in Mergers And Acquisitions.

NASHVILLE, Tenn., June 01, 2022 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the Company) has closed its previously announced pending acquisition of Block 21 from Stratus Properties Inc. (NASDAQ: STRS). The mixed-use complex is located in the heart of downtown Austin and is home to lodging, retail, office and entertainment spaces, including the W Austin Hotel and the ACL Live at Moody Theater. The purchase price for the acquisition, subject to certain purchase price adjustments, totaled approximately $260 million, which includes the assumption of approximately $136 million of existing mortgage debt. Colin Reed, Chairman and Chief Executive Officer of Ryman Hospitality Properties, said, “I want to express my gratitude to Beau Armstrong and the entire Stratus team for their hard work and assistance during this...

Rally Enters into Agreement to Become Publicly Traded Via Business Combination with Americas Technology Acquisition Corp.

Written by Customer Service on June 1, 2022. Posted in Mergers And Acquisitions.

~ Transaction values Rally at pro forma enterprise value of $208 million ~ ~ Rally is an intercity transportation technology platform that harnesses the private bus industry to solve the challenges of middle-mile travelers ~ ~ Transaction enables Rally to scale its customer acquisition and brand awareness strategy ~ ~ Business combination expected to close in the fourth quarter of 2022 ~ New York and Dallas, Texas, June 01, 2022 (GLOBE NEWSWIRE) — Rally Communitas Corp. (the “Company” or “Rally”), a leading technology company for mass mobility in the United States doing business under the “Rally” and “OurBus” brands, and Americas Technology Acquisition Corp., a special purpose acquisition company (“ATA”) (NYSE: ATA, ATA.WS, ATA.U), today announced the signing of a definitive business combination agreement. The combined entity,...

RedBall Acquisition Corp. and SeatGeek, Inc. Mutually Agree to Terminate Business Combination Agreement due to Unfavorable Market Conditions

Written by Customer Service on June 1, 2022. Posted in Mergers And Acquisitions.

NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) — RedBall Acquisition Corp. (“RedBall”) (NYSE: RBAC), a publicly traded special purpose acquisition company, and SeatGeek, the technology platform that is transforming the live event experience for fans, teams, and venues, announced today that on May 31, 2022 the companies have mutually agreed to terminate their previously announced business combination agreement and plan of reorganization (the “Business Combination Agreement”) with immediate effect. The parties decided to terminate the Business Combination Agreement as a result of current unfavorable market conditions, particularly impacting growth technology companies. Andy Gordon, Partner at RedBird Capital, on behalf of RedBall, said, “SeatGeek is a great technology company with a proven track record of growth and strong momentum. However,...

Priority Income Fund Announces 9.9% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common Shareholder Distributions for June 2022 through August 2022 and Preferred Stock Distributions for June 2022

Written by Customer Service on June 1, 2022. Posted in Dividend Reports And Estimates.

NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s board of directors has declared additional steady monthly cash “base” common shareholder distributions as well as an increased quarterly cash “bonus” common shareholder distribution. The annualized total cash distribution is $1.33516 per share (9.9% annualized rate), representing the 8th consecutive quarterly increase, for distributions with record dates between June 3, 2022, and August 26, 2022, based on the current Class R offering price of $13.50 per common share. The cash “base” distributions will have weekly record dates and will be payable monthly to common stockholders of record as of the close of business each week. These declared distributions equal a weekly...

Termination of Invitations

Written by Customer Service on June 1, 2022. Posted in Mergers And Acquisitions.

Termination of InvitationsAttachmentSkibskredit Tender Offer Termination Announcement (1 June 2022)

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Day: June 1, 2022

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