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Day: June 13, 2022

LGI Homes Announces the Grand Opening of Logan Square in the Dallas-Fort Worth Market

Logan Square Features Stunning, New Homes in Fort Worth Priced from the $290sThe Driftwood plan is a beautiful, two-story home by LGI Homes. The Driftwood plan is a spacious , single-family home with five bedrooms, an open family room, chef-ready kitchen and a host of impressive, included upgrades.FORT WORTH, Texas, June 13, 2022 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of Logan Square, a brand-new community located near downtown Fort Worth, Texas. This community offers spacious, single-family homes situated near major employers, great shopping and dining opportunities, local schools and incredible area amenities. At Logan Square, LGI Homes is offering a lineup of five of their most popular single-family plans. Ranging in size from 1,316 square feet with three bedrooms and two baths,...

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Aura announces amendment to its dividend policy and declares dividend of US$0.14 per share based on expected H1 2022 results

ROAD TOWN, British Virgin Islands, June 13, 2022 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA, B3: AURA33) (“Aura” or the “Company”) announced today that the board of directors of the Company (the “Board”) has approved an amendment to its dividend policy (“Dividend Policy”), with the intention of declaring and paying dividends semi-annually. Under the Dividend Policy, the Company will determine a semi-annual cash dividend in an aggregate amount equal to 20% of its estimated Adjusted EBITDA1 for the relevant six months less sustaining capital expenditures and exploration capital expenditures for the same period. Dividends are expected to be declared and paid twice a year starting in 2022, based on the results and capital expenditures expected for the applicable six-month period, with a record date on the last month of each such...

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FactSet Named Snowflake Marketplace Partner of the Year for the Financial Services Industry Award

NORWALK, Conn., June 13, 2022 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that it has been named the 2022 Financial Services Industry Partner of the Year award winner by Snowflake, the Data Cloud company. This award was presented this week at the Snowflake Summit 2022 “The World of Data Collaboration.” FactSet was recognized for the company’s achievements as part of the Snowflake Data Cloud, offering joint clients elasticity for the storage and computation of financial data, and the flexibility to ramp up or dial back as their needs change. The Snowflake Marketplace provides access to a range of FactSet standard data feeds via the Data Cloud, from FactSet’s most differentiated content, including...

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Sono Group Announces $150 Million Committed Equity Facility

Committed Equity Facility Positions Sono Group to Raise Some of the External Funding Needed Until Start of Production MUNICH, Germany, June 13, 2022 (GLOBE NEWSWIRE) — Sono Group N.V. (hereafter referred to as “Sono Motors” or the “Company”) (NASDAQ: SEV), the company that aims to revolutionize the future of solar-powered transport, today announced it has entered into a common shares purchase agreement with Joh. Berenberg, Gossler & Co. KG (“Berenberg“). The agreement governs a Committed Equity Facility that provides Sono Motors with the right, without obligation, to sell and issue up to $150 million of its ordinary shares over a period of 24 months to Berenberg at the sole discretion of Sono Motors, subject to certain limitations and conditions. “This new source of funding provides us with the flexibility to raise additional...

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Rogers Sugar announces the publication of its 2022 Environmental, Social and Governance Report

MONTRÉAL and VANCOUVER, British Columbia, June 13, 2022 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (the “Corporation” or “Rogers Sugar”) (TSX: RSI) is pleased to announce that it has published its 2022 Environmental, Social and Governance (ESG) report. It highlights the Corporation’s sustainability efforts in such areas as energy use, employee health and safety and Board renewal and diversity. It also addresses several important topics including packaging and raw material sourcing. The ESG report can be found on the Rogers Sugar website at www.lanticrogers.com.  About Rogers Sugar Inc.Rogers is a corporation established under the laws of Canada. The Corporation holds all of the common shares of Lantic and its administrative office is in Montréal, Québec. Lantic operates cane sugar refineries in Montreal, Québec and Vancouver, British...

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Holisto, a Technology-Based Online Travel Booking Platform, to Become Publicly Traded Via Business Combination with Moringa Acquisition Corp

Holisto’s advanced AI technology addresses the fragmented and complex travel booking market, providing consumers with a more affordable and personalized offering Since commercial product launch in Q2 2020, Holisto’s online booking platform has gained significant market acceptance Transaction enables Holisto to scale its customer acquisition and brand awareness strategyRishon Le’Zion, Israel and New York, New York, June 13, 2022 (GLOBE NEWSWIRE) — Holisto Ltd, a technology based online travel booking platform (“Holisto” or the “Company”), and Moringa Acquisition Corp (Nasdaq: MACA, “Moringa”), a special purpose acquisition company, today announced they have entered into a business combination agreement that would result in Holisto becoming publicly listed on the Nasdaq. The business combination provides for Holisto Ltd.’s expected...

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Root, Inc. Set to Join Russell 3000® Index

COLUMBUS, Ohio, June 13, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, is set to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens on June 27, 2022 according to a preliminary list of additions posted June 3, 2022 by FTSE Russell. Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 6, 2022, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines...

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Cardinal Energy Ltd. Announces Exercise of Warrants

CALGARY, Alberta, June 13, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) is pleased to announce that holders of all outstanding warrants to acquire common shares of the Company (“Common Shares) have exercised such warrants, resulting in aggregate proceeds to Cardinal of approximately $12.4 million. The proceeds were used to reduce Cardinal’s outstanding debt further supporting the Company’s net debt reduction strategy. There are no remaining warrants outstanding. In connection with the exercise of warrants, N. Murray Edwards acquired 8,247,000 Common Shares pursuant to the exercise of 8,247,000 warrants for a total exercise price of $9.8 million. Before giving effect to exercise of his warrants, Mr. Edwards advised he owned 17,287,000 Common Shares...

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AssetMark to Acquire Adhesion Wealth, Accelerating RIA Offering

CONCORD, Calif., June 13, 2022 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc., announced today it has reached an agreement with Vestmark to acquire Adhesion Wealth, a leading provider of wealth management technology solutions to RIAs, RIA enterprises and asset managers. Adhesion’s platform enables over 2,800 fee-based advisors across 180 RIAs to deliver better investor outcomes while successfully growing their practices by providing outsourced overlay trading services, client engagement technologies and managed account programs. “Meeting financial advisors where they are and helping them maximize their potential is a key tenet of AssetMark’s strategy,” said Natalie Wolfsen, CEO of AssetMark. “As advisors accelerate their growth by increasing the services they provide clients, the addition of Adhesion Wealth further strengthens...

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ICOA PROVIDES INVESTORS WITH INTERIM UPDATE ON PROJECTS & ACTIVITIES

Las Vegas, Nevada, June 13, 2022 (GLOBE NEWSWIRE) — ICOA Inc. (OTC: ICOA) ($ICOA; “the Company”), a publicly-traded Nevada company that acquires blockchain-enabled projects and companies, has today updated its roadmap and timings, and has shared top level information on new projects and activities. For each of the projects mentioned below, separate press releases and investor h will be made at the appropriate time. The immediate roadmap includes the following highlights:The iBG NFT Platform will go live by 24 June 2022.  Named ‘Symbiosis NFT Platform, Part of ICOA’’, the platform will support both up-and-coming and established artists by connecting and enabling them to collaborate. ‘The iBG Investment Portal, Part of ICOA’ will go live by 1 July 2022. The ICOA ‘Ad Network’, a joint venture project (also referred to as the ‘Billboards’...

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