Day: July 5, 2022

SINGAPORE, July 05, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced its continued investment in its Corporate Finance & Restructuring segment in Asia with the appointment of Martin Wong as a Senior Managing Director. Based in Singapore, Mr. Wong brings over 24 years of experience in rehabilitative corporate restructuring and insolvency administration involving judicial management appointments, schemes of arrangement, receiverships, and voluntary and court liquidation. Mr. Wong also engages in business advisory services, helping underperforming corporations improve financial performance. Prior to joining FTI Consulting, Mr. Wong was a partner and head of the restructuring and insolvency practice at KPMG in Singapore, where he led some of the largest local and international restructuring and insolvency...

TEMPE, Ariz. and TOKYO, July 05, 2022 (GLOBE NEWSWIRE) — First Solar, Inc. (Nasdaq: FSLR) has completed the previously announced sale of a 293-megawatt (MW)DC utility-scale solar project development platform in Japan, to funds managed by PAG Real Assets (“PAG”). As part of the sale, the majority of First Solar project development employees in Japan have joined PAG. PAG is a leading Asia Pacific-focused private investment manager with more than $50 billion in assets under management. First Solar had also previously announced that it had entered into a definitive agreement pursuant to which PAG will acquire from First Solar its solar operations and maintenance (O&M) platform with approximately 665 MWDC under management, in Japan. This transaction is expected to close in the second half of 2022, after obtaining regulatory approvals,...

CALGARY, Alberta, July 05, 2022 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor”, the “Company”), (TSX Venture Exchange: QST), announces that the Board of Directors of the Corporation granted 127,500 Restricted Share Units (RSU’s), 127,500 Performance Share Units (PSU’s) and 16,876 Deferred Share Units (DSU’s) pursuant to receiving TSX Venture Exchange approval on June 30, 2022 of the Company’s Incentive Plans, dated June 15, 2022, to certain of its officers and directors at an exercise price of $1 on July 4, 2022. Upon the granting of the RSU’s, PSU’s and DSU’s described above, Questor will have 1,109,344 security based compensation awards outstanding. The aggregate amount represents 4% of the 27,761,858 common shares currently outstanding. Questor’s security based compensation plans currently limit the...

TORTOLA, British Virgin Islands, July 05, 2022 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Corporation“) (TSX-V: ORC.A, ORC.B) announces its intention to commence a Normal Course Issuer Bid (the “Bid“) for purchase of its Class B Subordinate Voting Shares (“Class B Shares“) through the facilities of the TSX Venture Exchange (the “Exchange“) and alternative trading systems in Canada. Purchases made pursuant to the Bid will not exceed 500,000 Class B Shares, representing approximately 2.75% of the total outstanding Class B Shares as at July 4, 2022. In accordance with the policies of the Exchange, purchases under the Bid will commence on July 11 , 2022 and will continue until the earlier of the purchase of the maximum number of Class B Shares under the Bid...

Grayscale® Horizen Trust, Grayscale® Stellar Lumens Trust, and Grayscale® Zcash Trust are now SEC reporting companies NEW YORK, July 05, 2022 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Horizen Trust (OTCQX: HZEN), Grayscale® Stellar Lumens Trust (OTCQX: GXLM), and Grayscale® Zcash Trust (OTCQX: ZCSH) (the Trusts), today announced that the Registration Statements on Form 10 that it filed with the Securities and Exchange Commission (SEC) on behalf of each Trust have become effective. The Trusts join the firm’s existing lineup of investment products that are SEC reporting companies: Grayscale® Bitcoin Cash Trust, Grayscale® Ethereum Classic Trust, Grayscale® Litecoin Trust, Grayscale® Bitcoin Trust, Grayscale® Ethereum Trust, and Grayscale® Digital Large...

LONDON, July 05, 2022 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or the “Company”) announces the closing of a new, five-year $100 million North American asset-based revolving credit facility (the “ABL Revolver”), involving Ferroglobe’s subsidiary, Globe Specialty Metals, Inc. (“Globe”), and its wholly owned North American subsidiaries, as borrowers, and Bank of Montreal (“BMO”), as lender and agent, on June 30, 2022. At closing, there was no drawing under the ABL Revolver. Going forward, potential drawings under the ABL Revolver will be used for general corporate purposes. The ABL Revolver is subject to a borrowing base comprising North American inventory and accounts receivable of Globe (and certain of its subsidiaries) and bears interest of SOFR plus a spread of 150-175 basis points depending on the level of...

New York, NY, July 05, 2022 (GLOBE NEWSWIRE) — SCWorx Corp., a Delaware corporation (the “Company”), announced that it has entered into a common stock purchase agreement (the “Purchase Agreement”) with an institutional investor (the “Institutional Investor” or “Investor”). Under the terms and subject to the conditions of the Purchase Agreement, SCWorx will have the right, but not the obligation, to issue and sell to the Investor up to $5 million of SCWorx common stock from time-to-time over the approximately 24-month term of the Purchase Agreement. Tim Hannibal, President & CEO of SCWorx, said, “Our agreement with the Institutional Investor is another piece of the SCWorx plan to move the Company forward and achieve key business objectives that contribute to our growth strategy”. Hannibal continued, “We believe this commitment...

FRANKLIN, Tenn., July 05, 2022 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (NASDAQ:KALU) today announced that it plans to release its second quarter and first half 2022 financial and operating results on Monday, July 25, 2022 after the market closes. The Company will host its quarterly conference call on Tuesday, July 26, 2022:10:00 a.m.   Pacific12:00 p.m.   Central1:00 p.m.   EasternThe conference call can be directly accessed from the U.S. and Canada at (866) 374-5140, and accessed internationally at (404) 400-0571. The conference call ID number is 10059580. A live webcast and related presentation slides will be available through the Company’s website at http://www.kaiseraluminum.com. An audio archive will be available on the Company’s website following the call. Company Description Kaiser Aluminum Corporation,...

BILLERICA, Mass., July 05, 2022 (GLOBE NEWSWIRE) — Conformis, Inc. (NASDAQ: CFMS), a leading medical device company that features personalized knee and hip replacement products, announced today it will release its financial results for the second quarter ended June 30, 2022, after the market closes on Monday, August 8, 2022. Mark Augusti, CEO, and Bob Howe, CFO, will host a webcast and conference call the next day before the market opens on Tuesday, August 9, 2022, at 8:30 a.m. Eastern Time to discuss the financial results and to provide a business update. Earnings Call and Webcast Details: The webcast of the earnings call will be live at: Link Directly to Webcast To attend by telephone, please use the information below for dial-in access.Date and Time: August 9, 2022 – 8:30 a.m. Eastern Time Please register for the call. You...