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Day: November 15, 2022

Lifeist Wellness Provides Reminder of Annual General Meeting of Shareholders and Amends Stock Option Plan

2022 AGM to be Held on December 19, 2022 TORONTO, Nov. 15, 2022 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, will host its Annual General Meeting of Shareholders in-person on Monday December 19, 2022 at 9:30 a.m. ET in the Ballroom Trillium A at the Hilton Garden Inn Toronto Airport, 3311 Caroga Drive, Mississauga, Ontario L4V 1A3 (the “AGM”). Meni Morim, CEO of Lifeist, will discuss the Company’s performance and provide a general corporate update followed by a live question and answer session. If any registered shareholder or valid proxyholder plans to attend the AGM in person, they are asked to please confirm their attendance...

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AssetMark Deepens Commitment to ESG with Sustainability-Linked Loan

CONCORD, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc, a leading wealth management platform for financial advisors, today underscored its commitment to environmental, social and governance (ESG) practices in announcing it has entered into a sustainability linked financing agreement. The deal is an amendment to the previously announced credit facility commitment, converting AssetMark’s $500 million corporate revolving credit facility into a Sustainability-Linked Loan. The arrangement introduces a margin adjustment incentive mechanism tied to three of the firm’s Sustainability Accounting Standards Board-aligned ESG objectives:Increasing the proportion of diverse new hires; Providing ESG training to advisors using its platform; and Expanding the number of ESG investment strategists offered on the AssetMark...

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NANOBIOTIX to Present at the 5th Annual Evercore ISI HealthCONx Conference

PARIS and CAMBRIDGE, Mass., Nov. 15, 2022 (GLOBE NEWSWIRE) — NANOBIOTIX (Euronext: NANO –– NASDAQ: NBTX – the ‘‘Company’’), a late-clinical stage biotechnology company pioneering physics-based approaches to expand treatment possibilities for patients with cancer, today announced that Laurent Levy, co-founder and chairman of the executive board, and Bart Van Rhijn, chief financial officer, will participate in a virtual fireside chat at the 5th annual Evercore ISI HealthCONx Conference on Thursday, December 1, 2022, at 9:15 AM ET / 3:15 PM CET. The fireside chat will be webcast live from the events page of the Investors section of the Company’s website. A replay of the webcast will be archived and available for 90 days following the event. About NANOBIOTIX Nanobiotix is a late-stage clinical biotechnology company pioneering disruptive,...

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Oriental Culture Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Hong Kong, China, Nov. 15, 2022 (GLOBE NEWSWIRE) — Oriental Culture Holding LTD. (“Oriental Culture” or the “Company”) (NASDAQ: OCG), a leading online service provider of collectibles and artworks, today announced that, on November 9, 2022, the Company received a letter from the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s ordinary shares listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer meets the minimum bid price requirement for continued listing on Nasdaq under Nasdaq Marketplace Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). The notification has no immediate effect on the listing of the Company’s ordinary shares. In accordance with Nasdaq Marketplace Rule 5810(c)(3)(A),...

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COMSTOCK RESOURCES, INC. ANNOUNCES NEW BANK CREDIT FACILITY

FRISCO, TX, Nov. 15, 2022 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announced today that the Company has entered into a new senior secured revolving credit facility, which extends the maturity of Comstock’s existing bank credit facility to November 15, 2027. The new credit facility has an initial borrowing base of $2.0 billion with an elected commitment of $1.5 billion. The five-year reserve based revolving credit facility was arranged by Wells Fargo Securities, LLC with a syndicate of 17 participating banks. About Comstock Resources Comstock Resources, Inc. is a leading independent natural gas producer with operations focused on the development of the Haynesville shale in North Louisiana and East Texas. The Company’s stock is traded on the New York...

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EnerSys CFO Andrea J. Funk to Present at the Wells Fargo 6th Annual TMT Summit November 29, 2022

READING, Pa., Nov. 15, 2022 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that Andrea J. Funk, Executive Vice President and Chief Financial Officer, EnerSys, will participate in a fireside chat on Tuesday, November 29, 2022, at the Wells Fargo 6th Annual TMT Summit. The fireside chat will begin at 10:00 a.m. PT, 1:00 p.m. ET. The fireside chat will be webcast live and archived for replay through the Events and Presentations page of the Investor Relations section of the company’s website at https://investor.enersys.com/events-presentations. About EnerSys: EnerSys is the global leader in stored energy solutions for industrial applications, manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery...

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Firsthand Technology Value Fund Announces Third Quarter Financial Results, NAV of $5.58 per share

SAN JOSE, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the third quarter ended September 30, 2022. As of September 30, 2022, the Fund’s net assets were approximately $38.4 million, or $5.58 per share, compared with net assets of approximately $49.8 million, or $7.22 per share as of June 30, 2022. As of September 30, 2022, the Fund’s portfolio included public and private securities valued at approximately $46.6 million, or $6.76 per share, which includes approximately $0.17 per share in cash and cash equivalents. Portfolio Summary (as of 9/30/22)Investment Fair Value1, Fair Value per Share1,2Equity/Debt Investments $45.46 million $6.60Cash/Cash...

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Tattooed Chef Reports Third Quarter 2022 Financial Results

Conference Call Scheduled for 5 pm EST Today PARAMOUNT, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”), a leader in plant-based foods, today announced financial results for the third quarter ended September 30, 2022 (“Q3 2022”).   Third Quarter 2022 Financial Overview Compared to Third Quarter 2021Net revenue of $54.1 million compared to $58.0 million Gross loss of $(3.9) million, or gross margin of (7.2)%, compared to gross profit of $5.0 million, or gross margin of 8.6% Net loss of $38.5 million Adjusted EBITDA loss (1) of $25.5 million(1)   Adjusted EBITDA is a non-GAAP financial measure as defined below under “Non-GAAP Measures.” Please see “Adjusted EBITDA Reconciliation” at the end of this press release.“We are disappointed in our third quarter results, but...

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Lulus Reports Continued Profitability for the Third Quarter 2022 and Updates 2022 Guidance

CHICO, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU) today reported financial results for the third quarter ended October 2, 2022, and updated guidance for full year 2022. David McCreight, CEO of Lulus, said: “In the third quarter of 2022, we saw gains in several operational and customer metrics, including a record number of repeat customers transacting with us, as well as healthy year-over-year growth in Active Customers and Average Order Value – signaling that our brand is resonating with our customers. Like many in the industry, we saw lower net revenue growth from macroeconomic factors, including inflation, which we believe impacted customer spending and product returns behavior. Due to the macroenvironment, we increased our promotional cadence, which...

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IBEX Limited Announces Strong First Quarter of Fiscal Year 2023 Financial Results

Key HighlightsFirst quarter revenue increased 17.8% to $127.9 million over the prior year quarter. Revenue generated from BPO 2.0 clients, those won since fiscal year 2016, grew 44.3% and represented 76% of total revenue in the first quarter. First quarter net income and net income margin increased to $4.3 million and 3.4%, respectively, compared to $3.0 million and 2.8%, respectively, in the prior year quarter. First quarter non-GAAP adjusted EBITDA increased 59.1% to $18.2 million over the prior year quarter. First quarter non-GAAP adjusted EBITDA margin increased to 14.3%, compared to 10.6% in the prior year quarter. Net cash flow from operations in the first quarter increased to $8.8 million, compared to $6.9 million in the prior year quarter. Fully diluted earnings per share increased to $0.23, compared to $0.16 in the prior year...

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