Yoshiharu Global Co. Announces Pricing of Upsized Initial Public Offering

Written by Customer Service on September 8, 2022. Posted in Public Companies.

Buena Park, California, Sept. 08, 2022 (GLOBE NEWSWIRE) — Yoshiharu Global Co. (Nasdaq: YOSH) (“Yoshiharu”, or the “Company”), a California-based restaurant operator, today announced the pricing of its upsized initial public offering of its Class A common stock at a public offering price of $4.00 per share. Yoshiharu is offering 2,940,000 shares of its Class A common stock and has granted the underwriters a 45-day option to purchase up to an additional 441,000 shares of Class A common stock at the initial public offering price less the underwriting discounts and commissions, to cover over-allotments, if any. The shares are expected to begin trading on the Nasdaq Capital Market on September 9, 2022 under the ticker symbol “YOSH” and the offering is expected to close on or about September 13, 2022, subject to satisfaction of customary...

Inscape Announces First Quarter 2023 Financial Results

Written by Customer Service on September 8, 2022. Posted in Earnings Releases And Operating Results.

HOLLAND LANDING, Ontario, Sept. 08, 2022 (GLOBE NEWSWIRE) — Inscape (TSX: INQ), a leading designer and manufacturer of furnishings and movable wall systems for the workplace, today announced its results of operations for the first quarter ended July 31, 2022. “First quarter fiscal 2023 sales did not meet our expectations, despite the year over year improvement of 12.7%. Gross margins were unacceptable as a result. Certain investments in sales and marketing resources as well as expenses related to our continuing cost reduction initiatives are not yet evident in our financial results.“ said Eric Ehgoetz, CEO. Total sales revenue for the first quarter of fiscal 2023 was $8.9 million, compared to $7.9 million for the same period of fiscal 2022. The improvement in the quarter, related largely to a major contract in the Walls business....

Trump Media & Technology Group Issues Statement on Proposed Merger with Digital World Acquisition Corp.

Written by Customer Service on September 8, 2022. Posted in Mergers And Acquisitions.

SARASOTA, Fla., Sept. 08, 2022 (GLOBE NEWSWIRE) — Today, Trump Media & Technology Group (“TMTG”) released the following statement regarding its proposed merger with Digital World Acquisition Corp. (“DWAC”): “The SEC has needlessly delayed its review of our proposed merger, causing real and unnecessary financial harm to DWAC investors, roughly 90 percent of whom are small, retail shareholders whom the SEC is chartered to protect. Despite its standard practice to provide comments within 30 days, the SEC has failed to give meaningful feedback on DWAC’s registration statement for a stunning 115 days and counting. In the interests of simple fairness, the SEC needs to set aside any improper political considerations and bring its review to a swift conclusion.” Investor Relations Contact:MZ Group – North Americatmtgir@mzgroup.us Media...

Diversified Royalty Corp. Announces a 6.8% Increase to its Dividend

Written by Customer Service on September 8, 2022. Posted in Dividend Reports And Estimates.

VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV; DIV.DB and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce a 6.8% increase to its monthly dividend. The Board has approved an increase to the dividend from $0.01833 per share per month ($0.22 per share on an annualized basis) to $0.01958 per share per month ($0.235 per share on an annualized basis) effective October 2022. Sean Morrison, President and Chief Executive Officer of DIV stated, “DIV is pleased to announce a 6.8% dividend increase as our royalty partners, on an aggregate basis, experience positive trends consistent with DIV’s second quarter earnings results announced August 12, 2022. Following this dividend increase, DIV’s annualized dividend of 23.5 cents per share will have fully recovered to pre-pandemic...

Giga-tronics Announces Closing of Share Exchange Agreement with Gresham Worldwide

Written by Customer Service on September 8, 2022. Posted in Mergers And Acquisitions.

Transaction combines two companies positioned for growth in global defense industry Combined entity offers extensive expertise and proven solutions in electronic defense and countermeasures, RF systems and components, power electronics and displays, supporting military customers at the most challenging time in decades The combined companies have over 500 total customers, including over 40 tier-1 defense industry prime contractors and over 20 global defense ministry programs DUBLIN, Calif., Sept. 08, 2022 (GLOBE NEWSWIRE) — Giga-tronics Incorporated (“Giga”) (OTCQB: GIGA) today announced the closing of a Share Exchange Agreement (“Agreement”) with BitNile Holdings, Inc. (“BitNile”) (NYSE American: NILE) and Gresham Worldwide, Inc. (“Gresham”), providing for Giga’s reverse acquisition of Gresham from BitNile. The transaction combines...

CN Appoints Michel Letellier to its Board of Directors

Written by Customer Service on September 8, 2022. Posted in Public Companies.

Quebec-Based Independent Director with Extensive North American Business Experience and record of Sustainability Leadership Demonstrates Board’s Ongoing Commitment to CN’s Leadership in Corporate Governance and ESG MONTREAL, Sept. 08, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that, after a rigorous search process, Michel Letellier has been appointed to the Board of Directors of CN. Mr. Letellier will join the Board on October 1, 2022. Mr. Letellier, 58, is the President and Chief Executive Officer of Montreal headquartered Innergex Renewable Energy Inc., one of the largest Canadian independent renewable power producers with operations in Canada, the United States, France and Chile. Mr. Letellier has extensive North American business experience and he has been a driving force in the renewable energy industry...

Acuity Brands to Announce Fiscal 2022 Fourth Quarter and Full Year Results on October 4, 2022

Written by Customer Service on September 8, 2022. Posted in Public Companies.

Atlanta, Sept. 08, 2022 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) (“Company”) today announced that the Company is planning to release its fiscal 2022 fourth-quarter and full-year earnings results on Tuesday, October 4, at 6:00 a.m. (EDT), followed by a conference call at 8:00 a.m. (EDT). Neil Ashe, Chairman, President and Chief Executive Officer of Acuity Brands, will lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company’s website at investors.acuitybrands.com after 6:00 a.m. (EDT) on October 4, 2022. The online replay will remain available for a limited time following the call. A replay of the call will also be posted to the Investor Relations site two hours after the completion of the conference call and will be archived...

CHAR Technologies Announces $625,000 Debt Financing

Written by Customer Service on September 8, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 08, 2022 (GLOBE NEWSWIRE) — CHAR Technologies Ltd. (“CHAR Technologies” or the “Company”) (TSX Venture Exchange: YES) is pleased to announce the closing of a $625,000 short-term unsecured debt financing (the “Financing”). The majority of the Financing ($375,000) was provided by insiders of the Company and the remainder ($250,000) was provided by existing shareholders. The debt has an interest rate of 1% monthly and a term of five-months. At the Company’s option, the debt may be prepaid without penalty on or after the date that is one month after the date of closing. CHAR Technologies intends to use the net proceeds of the Financing to advance the development of both contracted and earlier stage projects...

Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote for the Proposed Combination of GCM Mining and Aris Gold

Written by Customer Service on September 8, 2022. Posted in Mergers And Acquisitions.

TORONTO, Sept. 08, 2022 (GLOBE NEWSWIRE) — GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that the Company has received positive recommendations from both Institutional Shareholder Services (“ISS”) and Glass Lewis & Co., LLC (“Glass Lewis”) in support of the proposed plan of arrangement of GCM Mining and Aris Gold Corporation (“Aris Gold”) announced on July 25, 2022. ISS and Glass Lewis are leading independent, third-party proxy advisory firms who provide proxy voting recommendations to pension funds, investment managers, mutual funds, and other institutional shareholders. In making their recommendation, ISS commented: “The transaction makes strategic sense as the arrangement will create a combined company with a balanced portfolio of operating and development assets with increased...

Jim DeVries Appointed to the ABM Board of Directors

Written by Customer Service on September 8, 2022. Posted in Public Companies.

BOCA RATON, Fla., Sept. 08, 2022 (GLOBE NEWSWIRE) — Jim DeVries, ADT President and CEO, has joined the Board of Directors of ABM, a leading provider of integrated facility services and solutions. Jim’s board appointment, announced yesterday by ABM, brings deep organizational leadership experience in adjacent service industries acquired throughout his entire career. ABM is one of the world’s largest providers of integrated facility services serving a wide range of industries, with annualized revenue exceeding $7 billion. “It is my pleasure to join the ABM Board of Directors and be part of a company that has such an extraordinary commitment to customer service excellence,” said Jim DeVries, ADT president and CEO. “I look forward to ABM’s exciting future as they execute on their strategy and continue to position ABM for positive results.” Jim...

Day: September 8, 2022

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