Month: July 2022

HOUSTON, July 15, 2022 (GLOBE NEWSWIRE) — CBTX, Inc., or the Company (NASDAQ: CBTX), the bank holding company for CommunityBank of Texas, N.A., or the Bank, today announced it will hold a quarterly conference call to discuss second quarter 2022 financial results on Friday, July 19, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). To access the live webcast of the conference call, individuals can visit the Investor Relations page of the Company’s website: https://ir.cbtxinc.com/events-and-presentations. An archived edition of the earnings webcast will also be posted on the Company’s website and will remain available to interested parties via the same link for one year. The live conference call can also be accessed by individuals who register at: https://register.vevent.com/register/BIe2950431a1294744a2773ccd1e690564. About...

FORT LAUDERDALE, Fla., July 15, 2022 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today provided a financial update and announced it has entered into a $15.8 million all cash agreement (the “Agreement”) to sell its Chrysler Jeep Dodge Ram Dealership in White Plains, New York. Expected closing is October of this year, subject to the terms of the Agreement. Second Quarter 2022 Highlights Year to date, we are witnessing robust gross profits and revenue growth quarter-over-quarter. Revenue, Gross Profits and cash for the quarter ending June 30, 2022 were at their highest levels in the Company’s history. The following are preliminary estimates of our overall dealership portfolio performance for the quarter ending...

TULSA, Okla., July 15, 2022 (GLOBE NEWSWIRE) — AAON, Inc. (NASDAQ: AAON) (“AAON” or the “Company”), announced that its Board of Directors elected Xerxes Gazder as Chief Information Officer of AAON, Inc., effective July 18, 2022. Mr. Gazder comes to AAON with nearly 30 years of leadership experience in information systems across a wide range of industries, including manufacturing, financial services, insurance, healthcare, telecommunications, energy services and logistics. He earned his Bachelor of Science degree in Mathematics from Jadavpur University in India and his Master of Science degree in Computer Science from Illinois Institute of Technology. Gary D. Fields, President and CEO, said, “Please join me in welcoming Xerxes Gazder to the organization. Xerxes is a known business leader with an outstanding technology background....

Vancouver, British Columbia, July 15, 2022 (GLOBE NEWSWIRE) — Imperial Helium Corp. (TSXV: IHC) (the “Company” or “Imperial”) is pleased to announce that it has been granted the final court order from the Supreme Court of British Columbia approving the plan of arrangement with Royal Helium Ltd. (“Royal”) under the provisions of the Business Corporations Act (British Columbia) (the “Arrangement”) pursuant to which, Royal will acquire all of the issued and outstanding shares of Imperial (the “Imperial Shares”). Shareholders will receive 0.614 of a Royal common share (each whole share, a “Royal Share”) for each Imperial Share held (the “Consideration”). Receipt of the final order follows approval of the Arrangement by shareholders of Imperial (the “Imperial Shareholders”) at its special meeting of Imperial Shareholders on July 12,...

Stellantis and Dongfeng Agree on a Share Repurchase Framework AMSTERDAM, July 15, 2022 – Stellantis N.V. and Dongfeng Motor (Hong Kong) International Co., Limited, a subsidiary of Dongfeng Motor Group Company Limited (“Dongfeng”) have executed a heads of agreement (“HOA”) related to the 99.2 million common shares in Stellantis held by Dongfeng, representing 3.16% of Stellantis’ share capital. Under the HoA, Dongfeng may from time to time submit an offer to sell to Stellantis, all or a portion of the Stellantis common shares held by Dongfeng. Stellantis will have the right but not the obligation to accept such an offer and purchase the offered shares at the average of the closing prices per Stellantis share on Euronext Milan for the five trading day period immediately prior to the date on which Dongfeng submits the offer. In case Dongfeng...

SUGAR LAND, Texas, July 15, 2022 (GLOBE NEWSWIRE) — TEAM, INC. (“TEAM” or the “Company”) (NYSE: TISI) today announced that on July 13, 2022 it received written notice from the New York Stock Exchange (“NYSE”) that the Company is not in compliance with the continued listing standards set forth in Rule 802.01C of the NYSE Listed Company Manual that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period (the “Notice”). The NYSE rules require the Company to notify the NYSE, within 10 business days of receipt of the Notice, of its intent to cure this deficiency. The Company has six months following the receipt of the Notice to cure the deficiency and regain compliance. TEAM can regain compliance at any time during the six-month cure period if, on the last trading...