Day: December 7, 2022

ATHENS, Greece, Dec. 07, 2022 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with Nasdaq’s minimum bid price requirements for continued listing on the Nasdaq Capital Market. The letter noted that, as a result of the closing bid price of the Company’s common shares having been at $1.00 per share or greater for at least ten consecutive business days, from November 15, 2022 through November 29, 2022, the Company has regained compliance with Nasdaq’s Listing Rule 5550(a)(2), and the matter is now closed. Commenting on this, Andreas Michalopoulos, the Company’s Chief Executive Officer, stated: “As a...

ATHENS, Greece, Dec. 07, 2022 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the 2016-built Ultramax dry bulk vessel, m/v DSI Andromeda. Upon completion of the transaction, which is estimated to take place by the end of the fourth quarter of 2022, the Company’s gross proceeds will be US$29.85 million. As part of the agreement, the Company will bareboat charter-in the vessel for a period of ten years plus 30 days at the charterer’s option, and will have purchase options beginning at the end of the third year of the bareboat charter period. The Company...

LANCASTER, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE: AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions in the Americas, announced today a partnership with Spacekit, allowing Spacekit to offer its unique modular, acoustical wall art for sale on Armstrong’s direct-to-customer, digital sales platform, KanopibyArmstrong.com. Spacekit products broaden Kanopi’s assortment of high design, customizable solutions with acoustic benefits for office, retail, dining, hospitality and other commercial settings. Manufactured in Lititz, PA, Spacekit products are constructed with thoughtfully sourced materials and production processes. All panels are made of US-harvested and formaldehyde-free sustainable wood products, and the framing system is produced with a zero-waste manufacturing...

CARLSBAD, Calif., Dec. 07, 2022 (GLOBE NEWSWIRE) — Qualigen Therapeutics, Inc. (“Qualigen” or “the Company,” Nasdaq: QLGN), a diversified life sciences company focused on developing treatments for adult and pediatric cancers with potential for Orphan Drug Designation, while also commercializing diagnostics, today announces that it has received feedback from the FDA following a pre-Investigational New Drug (pre-IND) interaction regarding the development pathway to a Phase 1 clinical trial of QN-302 for the treatment of G4-targeted advanced solid tumors. The purpose of the pre-IND interaction was to inform the proposed content of the Company’s IND application and request guidance from the Division on specific questions prior to submission of the IND application. The FDA’s response provides Qualigen with clear guidance for formally...

AB Amber Grid (hereinafter – Company) received an UAB “EPSO-G” Audit Committee (which also acts as Company‘s Audit Committee) opinion on 6th of December 2022 regarding the intention of the Company to enter into a transaction with the related party UAB EPSO-G regarding the 2019 year tax losses transfer transaction (hereinafter – Transaction) and approved the essential terms of the Transaction. In the opinion of the audit committee, the transaction is in line with market conditions and is fair and reasonable with respect to the shareholders of Amber Grid, which is not a counterparty of the transactions. The Board of AB Amber Grid shall consider the conclusion of the agreement on the 13th of December 2022. The individual authorised by AB Amber Grid (the issuer) to provide additional information on the material event: Laura ŠebekienėKomunikacijos...

LOS ANGELES, Dec. 07, 2022 (GLOBE NEWSWIRE) — PLBY Group, Inc. (NASDAQ: PLBY) (the “Company”), a leading pleasure and leisure lifestyle company and owner of Playboy, one of the most recognizable and iconic brands in the world, announced today that it successfully amended its senior secured credit agreement to, among other things, give the Company the ability to waive applicable net leverage ratio covenants up through the second quarter of 2024 in connection with certain prepayments of the term loan under the credit agreement. “We believe the anticipated paydown of our debt from cash on hand and expected proceeds from the rights offering we announced earlier today will reduce the cash burden of our debt and provide us with the flexibility to continue to improve our capital structure,” said the Company’s Chief Executive Officer Ben...

This contract will enable the continued development and planned construction and operations of the 200-megawatt Headwaters III Wind Farm and strengthens EDP Renewables’ position as the leading wind energy operator in IndianaEDP Logo EDP Renewables LogoCleveland-Cliffs Inc. LogoWinchester, Indiana, Dec. 07, 2022 (GLOBE NEWSWIRE) — EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), and Cleveland-Cliffs Inc. (NYSE: CLF), the largest flat-rolled steel company in North America, have executed a 15-year power purchase agreement (PPA) for 180 megawatts (MW) of the 200-MW Headwaters III Wind Farm in Randolph County. This PPA is included in the announcement EDPR issued on Tuesday, November 15, 2022. Headwaters III, located approximately 70 miles east of Indianapolis along the Ohio...

CHARLOTTE, N.C., Dec. 07, 2022 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that Menninger & Associates Financial Planning has joined LPL Financial’s broker-dealer, RIA and custodial platforms. The team reported having served approximately $155 million in advisory, brokerage and retirement assets*, and joins LPL from Cetera. Financial advisor Michael Menninger CFP®, founded the business in 2000 after shifting from a career as an environmental engineering consultant. He hired his first employee in 2014 and the Norristown, Pa.,-based team has grown to include five additional advisors and two support staff. “We work together as one firm, taking a team approach based on the fundamentals of financial planning,” Menninger said, noting that his goal is for all of the firm’s advisors to have Certified Financial Planning credentials....