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Month: December 2022

UPDATE: ALR Technologies Announces Sales Guidance for Q4 2022, Q1 2023, and Completion of the GluCurve Pet CGM Manufacturing Agreement

SINGAPORE, Dec. 29, 2022 (GLOBE NEWSWIRE) — ALR Technologies SG Ltd. (“ALRT”) (OTCQB:ALRTF), the diabetes management company, today announced the completion of a long-term manufacturing and supply agreement with Infinovo Medical Co. Ltd (“Infinovo”) for the Continuous Glucose Monitor (CGM) hardware used in the GluCurve Pet CGM. The agreement gives ALRT the exclusive global rights to distribute the CGM hardware in the animal health market. Additionally, the Company announces it anticipates December and fourth quarter of 2022 sales to be in the range of $145,000 and $155,000. The Company expects Q1 2023 sales to be in the range of $450,000 to $600,000 with the possibility of an adjustment upwards subject to increased production capacity. “December reflects a turning point for ALRT as we look to close out the fiscal year with our...

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Purpose Investments Inc. Announces Final December 2022 Distribution Rate for Purpose Cash Management Fund

TORONTO, Dec. 29, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final December 2022 distribution rate for Purpose Cash Management Fund. The following table reflects the final distribution amounts. Ex-distribution date is December 30, 2022.Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution FrequencyPurpose Cash Management Fund – ETF Units MNY $0.3696 12/30/2022 01/09/2023 MonthlyAbout Purpose Investments Inc. Purpose Investments Inc. is an asset management company with more than $14 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited,...

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Purpose Investments Announces Additional Details for Merger of Purpose Money Market Fund into Purpose High Interest Savings ETF and Stock Split for Purpose US Cash Fund and Purpose Premium Money Market Fund

TORONTO, Dec. 29, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) previously announced on November 22, 2022, its proposal to merge Purpose Money Market Fund (“PMT”) into Purpose High Interest Savings ETF (to be renamed Purpose High Interest Savings Fund) (“PSA”) (the “Merger”) on or about January 27, 2023 (the “Effective Date”). As a result of the Merger, holders of Class A units and Class F units of Purpose Money Market Fund will become holders of Class A units and Class F units, respectively, of the Purpose High Interest Savings ETF on the Effective Date. The current holders of ETF units of the Purpose High Interest Savings ETF will not be affected in any way and will continue to hold ETF units of that fund. The net asset value of the newly offered Class A units and Class F units of PSA will be set (and is expected...

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H-CYTE Completes Acquisition of SkinDisc™ Regenerative Tissue Kit from Scion Solutions, LLC

Wound Healing and Limb Salvage Technology Added to Growing Asset PortfolioCompany’s Second Completed Transaction in Four Months TAMPA, Fla., Dec. 29, 2022 (GLOBE NEWSWIRE) — H-CYTE, Inc. (OTCQB: HCYT), a medical biosciences company, announced today that the Company completed its acquisition of SkinDisc™. Highlights:SkinDisc™ acquisition further diversifies H-CYTE’s asset portfolio Early clinical outcomes of SkinDisc™ application demonstrated significant results relative to current treatment options in wound healing and limb salvage Currently in dialogue with the FDA and have a manufacturer established Over 500 patients treated with SkinDisc™ to date Single application can achieve healing in 4-9 weeks H-CYTE will submit a De Novo 510(k) pathway request for SkinDisc™ in the first half of 2023 Equity...

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Gilat to Participate in the 25th Annual Needham Growth Conference on January 11, 2023

PETAH TIKVA, Israel, Dec. 29, 2022 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today management’s participation in the 25th Annual Needham Growth Conference taking place at the Lotte New York Palace Hotel in New York City. Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will be available for one-on-one meetings with investors at the conference. The company will give a presentation to conference participants on January 11, 2023, at 8am Eastern Time. To schedule a meeting with management, please contact a Needham representative or email a request to the Gilat investor relations team at gilat@ekgir.com. About Gilat Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT)...

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Freight Technologies, Inc. to Support the Largest Industrial Electric Motor Manufacturer in the Americas

A global solutions provider, embraces Fr8App’s Technology HOUSTON, Dec. 29, 2022 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed Fr8App platform is powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMC region, now supports cross-border logistics requirements for a global electric-electronic equipment company with eighteen different factories and distribution centers across the US and Mexico. Fr8Tech CEO Javier Selgas said, “It is important for us to understand and satisfy our clients’ goals, and we are very pleased to deliver a solution that truly meets our clients’ multinational needs. We are pleased to be selected by the largest industrial electric manufacturer in the Americas...

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Company Announcement 16/2022

29 December 2022 Company Announcement 16/2022 Nordic Shipholding A/S — Financial calendar 2023Financial Calendar 2023                                7 March 2023        Deadline for any shareholder’s request to include specific items on the Agenda for the Annual General Meeting 22 March 2023      Annual Report 2022                  19 April 2023         Annual General Meeting                          On 23 December 2022 Nordic Shipholding A/S went into voluntary solvent liquidation. With reference to the limited activities of the company and the cost involved it has been decided not to prepare and publish quarterly reports for 2023.For further information please contactLouise Celia Korpela, liquidator. Tel: (+45) 33 41 41 41.

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Settlement of Mandatory Tender Offer for NTS Complete

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Frøya, 29 December2022 Reference is made to the offer document dated 22 November 2022 (the “Offer Document”) and subsequent stock exchange announcements, for the mandatory tender offer by SalMar ASA (“SalMar” or the “Offeror”) to acquire all outstanding shares (the “Shares”) in NTS ASA (“NTS” or the “Company”) (the “Offer”). Settlement of the Offer is now completed. For every Share for which the Offer had been lawfully accepted, the Offeror has paid a consideration of NOK 75.48184 per Share to shareholders representing a total 50,589,236 Shares. The Offeror...

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ARMOUR Residential REIT, Inc. Announces Guidance for January 2023 Dividend Rate Per Common Share

VERO BEACH, Florida, Dec. 29, 2022 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced guidance on the January 2023 cash dividend for the Company’s Common Stock, which maintains the current monthly dividend rate of $0.10 per Common share. January 2023 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateJanuary 2023   $0.10   January 17, 2023   January 30, 2023Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be...

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DFDS FURTHER EXPANDS ISLAND OF IRELAND AND UK LOGISTICS NETWORK

COMPANY ANNOUNCEMENT no. 35 – 29 December 2022 Acquisition of McBurney Transport Group The Group has revenue of DKK 1.3bn and over 800 employees Transaction enterprise value of DKK 1.2bn (GBP 138m) Accretive for ROIC (vs 8% target) and earnings per share from closing Financial leverage increase of 0.1xDFDS has today entered into an agreement to acquire 100% of McBurney Transport Group headquartered in Northern Ireland. The company is focused on moving cold chain and dry goods in trailers by road and ferry between island of Ireland and the UK. The majority of cold chain goods are moved for food producers and retailers requiring high reliability and efficiency. Warehousing, distribution, and other logistics services are also provided. The acquisition of McBurney Transport Group is aligned with DFDS’ strategic focus on...

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