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Day: June 10, 2022

Fanhua Announces Details of Distribution of CNFinance Shares

GUANGZHOU, China, June 10, 2022 (GLOBE NEWSWIRE) — Fanhua Inc. (the “Company” or “Fanhua”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced the details of its previously announced distribution of shares of CNFinance Holdings Limited (“CNFinance”), whose ADSs are currently traded on the New York Stock Exchange (NYSE: CNF). Based on 1,074,291,784 ordinary shares of Fanhua outstanding as of June 9, 2022, or the Record Date, Fanhua will distribute 252,995,600 ordinary shares of CNFinance to Fanhua shareholders on a pro rata basis. Fanhua shareholders will receive 4.71 CNFinance ordinary shares for each 20 outstanding Fanhua ordinary shares held as of the Record Date, or 0.2355 CNFinance ADSs for each Fanhua ADS, held as of the close of business on the record date set by the depositary for...

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8i Acquisition 2 Corp. and EUDA Health Limited Announce Amendment to Share Purchase Agreement

Singapore, June 10, 2022 (GLOBE NEWSWIRE) — 8i Acquisition 2 Corp. (the “Company” or “LAX”) (NASDAQ: LAX), a publicly traded special purpose acquisition company, and EUDA Health Limited (“EUDA Health”), a Singapore-based digital health platform that aims to make healthcare more affordable, accessible, and improve the patient experience by delivering improved outcomes through personalized healthcare, today announced an amendment to the Share Purchase Agreement (the “SPA Amendment”) to, among other things, reduce the consideration payable by LAX to EUDA Health, and limit the earn-out payment available to the seller of EUDA Health in connection with the Share Purchase. As previously announced, LAX entered into the Share Purchase Agreement dated April 11, 2022 (the “SPA”), with EUDA Health, Watermark Developments Limited, a British...

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Cal Water Now in Stage 2 of Water Shortage Contingency Plan in All Districts, Irrigation Restrictions in Effect

SAN JOSE, Calif., June 10, 2022 (GLOBE NEWSWIRE) — As part of its drought management and response plan, California Water Service (Cal Water) officially enters Stage 2 of its Water Shortage Contingency Plan today in its Antelope Valley, Dixon, King City, Salinas, and Selma Districts. This brings all of Cal Water’s districts throughout the state into Stage 2, and is in alignment with Gov. Gavin Newsom’s March 28, 2022, Executive Order and the State Water Resources Control Board’s Emergency Water Conservation Regulation. Stage 2 includes additional outdoor watering limits and higher water waste penalties. The utility regularly monitors and evaluates local water supply conditions, and began moving its service areas into Stage 2 as early as late last year as circumstances warranted it. “Our customers did a great job stepping up and...

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Cematrix to Participate in Investor Webcast Presentation

CALGARY, Alberta, June 10, 2022 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company”) a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced that the Company will be giving a formal investor presentation hosted by Bristol Capital. Jeff Kendrick, CEMATRIX Chief Executive Officer, is scheduled to present on June 16, 2022, at 2:00 PM EDT / 11:00 AM PDT. A question-and-answer period will take place after the formal presentation. Interested parties looking to attend the webinar can register in advance at the following link: https://event.webcasts.com/starthere.jsp?ei=1545481&tp_key=6f7423c3b6. A replay option will also be available on the Company’s website at:   http://www.cematrix.com/investors/presentations-and-webcasts/ ABOUT...

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Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2022

MARION, N.Y., June 10, 2022 (GLOBE NEWSWIRE) — Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2022. Executive Summary (vs. year-ago, year-to-date results):Net sales for the twelve months ended March 31, 2022 totaled $1,385.3 million as compared to $1,467.6 million for the twelve months ended March 31, 2021. Of the $82.3 million year-over-year decrease in net sales, $71.9 million resulted from the divesture of the prepared foods business in fiscal year 2021. Excluding this divesture the remaining decrease was primarily due to lower sales volume of $93.0 million partially offset by higher selling prices/improved sales mix of $82.6 million. Gross margin as a percentage of net sales for the twelve months ended March 31, 2022 was 10.7% as compared...

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Aegion Announces Acquisition of EN-TECH Corporation’s Cured-in-Place Lining Division

The North American Leader in Technology-Enabled Water Solutions Welcomes EN-TECH to Its Portfolio ST. LOUIS, June 10, 2022 (GLOBE NEWSWIRE) — Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and technology-enabled water solutions, today announced the acquisition of EN-TECH Corporation’s cured-in-place pipe (CIPP) lining division. EN-TECH, headquartered in Closter, N.J., has been a leading provider of pipe maintenance and rehabilitation solutions across the Northeast since 1983. The acquisition of EN-TECH’s CIPP lining division will accelerate and innovate Aegion’s operational capabilities, enhance its technological solutions, and expand its geographic presence. “We are excited to welcome the EN-TECH team to Aegion and widen our geographic reach and service offerings to our customers,” said Rob...

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AIP Realty Trust Announces Marketed Offering

Also Announces Change of Auditors in Connection with Qualifying Transaction CALGARY, Alberta, June 10, 2022 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP Realty”) (TSXV: AIP.U) announces that the Trust has filed, and obtained a receipt for, a preliminary prospectus in connection with a marketed offering of trust units (the “Units”) at a price of US$2.00 per Unit (the “Offering Price”) for aggregate gross proceeds of up to US$25 million (not including the exercise of the Over-Allotment Option (as defined herein)) (the “Offering”). The Units will be offered for sale on a “best efforts” agency basis pursuant to an agency agreement (the “Agency Agreement”) to be entered into between the Trust and Laurentian Bank Securities Inc. and Raymond James Ltd. (the “Co-Lead Agents”) and iA Private Wealth Inc. and Canaccord Genuity...

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Ferrellgas Partners, L.P. Reports Third Quarter Fiscal 2022 Results

Financial HighlightsRevenues for the third fiscal quarter increased $82.8 million or 15% to $647.5 million, compared to $564.7 million in the prior year period. Gross Profit for the third fiscal quarter increased $18.0 million or 7% to $281.4 million, compared to $263.4 million in the prior year period. Operating Income per gallon for the third fiscal quarter increased $0.01 or 2% compared to the prior year period. Net earnings attributable to Ferrellgas Partners, L.P. were $67.6 million for the third fiscal quarter compared to a net loss attributable to Ferrellgas Partners, L.P. of $66.8 million in the prior year period.Company HighlightsFerrellgas celebrated Earth Day with a month-long community service initiative. Blue Rhino home delivery expansion continued to five new markets: Brooklyn, New York; Miami, Orlando, and Jacksonville,...

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Zealand Pharma major shareholder announcement: Credit Suisse Group AG, 2022

Company announcement – No. 28 / 2022 Zealand Pharma major shareholder announcement: Credit Suisse Group AG, 2022 Copenhagen, DK and Boston, MA, 10 June 2022 – Zealand Pharma A/S (“Zealand”) (NASDAQ: ZEAL) (CVR-no. 20 04 50 78), a Copenhagen-based biotechnology company focused on the discovery and development of innovative peptide-based medicines, today announces the receipt of notification pursuant to Section 38 of the Danish Capital Markets Act from the following major shareholders: Credit Suisse Group AG has notified Zealand about a change of its total holding of shares and voting rights, in accordance with section 38 of the Capital Markets Act, and other financial instruments according to section 39(2)(1) of the Capital Markets Act and financial instruments with similar economic effect according to section 39(2)(2) of the Capital Markets...

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EQUASENS (ex Pharmagest Interactive): Annual General Meeting of June 28, 2022 – Notice of meeting – Availability of meeting materials

Villers-lès-Nancy, 10 June 2022 – 6:30 p.m. (CET) PRESS RELEASE ANNUAL ORDINARY GENERAL MEETING MEETING NOTICE ON-LINE AVAILABILITY OF MEETING MATERIALS EQUASENS (formally PHARMAGEST INTERACTIVE) hereby provides notice to shareholders of the Annual Ordinary General Meeting to be held on Thursday, June 28, 2022 at 5.00 pm at the Company’s registered office located in Villers-lès-Nancy (Technopôle de Nancy-Brabois – 5 Allée de Saint Cloud). The original French language version of the agenda and the resolutions submitted by the Board of Directors to the Ordinary Annual General Meeting were published in the French publication for legal announcements (Bulletin des Annonces Légales Obligatoires) on 20 May, 2022 (https://www.journal-officiel.gouv.fr/pages/balo-annonce-unitaire/?q.id=id_annonce:20220520220195760). The Meeting Notice...

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