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Year: 2022

EMCORE Reports Fiscal 2022 Fourth Quarter Results

ALHAMBRA, CA, Dec. 20, 2022 (GLOBE NEWSWIRE) — EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace and defense, communications, and sensing markets, today announced results for the fiscal 2022 fourth quarter (4Q22) ended September 30, 2022. Management will host a conference call to discuss 4Q22 financial and business results today at 5:00 p.m. Eastern Time (ET). For 4Q22, EMCORE’s consolidated revenue was $25.6 million, comprised of $21.0 million from the Aerospace and Defense (A&D) segment and $4.6 million from the Broadband segment. Net loss was $16.9 million and $10.9 million on a GAAP and non-GAAP basis, respectively. Adjusted EBITDA was negative $9.4 million. Please refer to the schedules at the end of this press release for GAAP to non-GAAP reconciliations...

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Toll Brothers Announces Opening of Seabrook Village community in Ponte Vedra, Florida

Luxury community offers one of the last opportunities to build a new home in sought-after NocateeToll Brothers Seabrook Village “This unique community combines Toll Brothers luxury home designs with the exciting Florida lifestyle that Nocatee offers,” said Greg Netro, Group President of Toll Brothers in North Florida.PONTE VEDRA, Fla., Dec. 20, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, today announced Seabrook Village is now open in the award-winning master-planned community of Nocatee in Ponte Vedra, Florida. The highly anticipated Seabrook Village is one of the last communities of new homes to be built within Nocatee, offering brand-new single-family home designs and robust resort-style amenities. Ideally located just eight miles from pristine beaches, Seabrook...

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EXL publishes third annual Sustainability Report

NEW YORK, Dec. 20, 2022 (GLOBE NEWSWIRE) — EXL (NASDAQ: EXLS), a leading global data analytics and digital operations and solutions company, announced today that it has published its third annual Sustainability Report, which highlights its progress across key environmental, social and governance (ESG) performance metrics, in an update report format. EXL’s Vice Chairman and CEO Rohit Kapoor said, “Our sustainability strategy is integrated across the company. We believe our ESG program is critical to our long-term success, durability and resiliency. Looking forward to 2023 and beyond, we have begun to further incorporate sustainability within EXL’s business, and plan to take steps to align sustainability and business priorities by function. Sustainability is a fundamental part of what drives our strong bond with our clients, employees...

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Thunder Energies Partners With Las Vegas Aces of WNBA

ATLANTA, GA, Dec. 20, 2022 (GLOBE NEWSWIRE) — THUNDER ENERGIES CORP (OTC: TNRG) announces that company management has negotiated a partnership and marketing agreement with the Las Vegas Aces of the WNBA. “We are beyond excited to add an organization as dynamic as TNRG as a significant partner within the Aces championship family, further strengthening their ties within the Nevada community,” said Nikki Fargas, President of the Las Vegas Aces.  “As likeminded organizations, working together we will be able to change multiple industries and align our brands far into the future.” The agreement establishes TNRG as a major marketing partner of the Las Vegas Aces. Together, they’ll continue to champion equality, push for inclusion, and advocate for further growth in women’s sports. Rick Haynes, TNRG...

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Alpha Lithium Adopts Advance Notice Policy

VANCOUVER, British Columbia, Dec. 20, 2022 (GLOBE NEWSWIRE) — Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (Germany WKN: A3CUW1) (“Alpha” or the “Company”) is pleased to announce that the board of directors of the Company has adopted an advance notice policy (the “Policy”) in connection with the nomination process for the Company’s directors. The Policy will be presented to shareholders for ratification and approval at the next shareholder meeting of the Company. The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors of the Company. The Policy establishes a deadline by which holders of record of common shares of the Company must submit director nominations to the Company prior to any annual general or special meeting of shareholders and...

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2022 Ordinary Shareholders’ Meeting of Achiko AG: Shareholders Adopt All Proposals

ZURICH, Switzerland, Dec. 20, 2022 (GLOBE NEWSWIRE) — Achiko AG (SIX: ACHI; OTCQB: ACHKF; ISIN CH0522213468) (“Achiko”, the “Company”) held its Annual General Meeting today at 10:00 CET in Zurich. Due to the Covid-19 pandemic, this Annual General Meeting was held without the physical presence of the shareholders in accordance with art. 27 para. 1 letter b of the Covid-19-Ordinance 3. Shareholders exercised their shareholder rights through an independent proxy. Achiko is pleased to announce that all resolutions were duly passed. A total of 26,284,959 voting shares, from the total share capital of CHF 1,451,539.11, divided into 145,153,911 registered shares with a nominal value of CHF 0.01 each, were represented by the independent proxy. The Board of Directors would like to thank all those who exercised their rights as shareholders...

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Firm Capital Property Trust Provides Mortgage Finance Update

TORONTO, Dec. 20, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSX : FCD.UN) is pleased to provide updates on recent financing activity: $44.0 MILLION MONTREAL INDUSTRIAL MORTGAGE FINANCE UPDATEOn December 1, 2022, the Trust entered into an early mortgage renewal of its $44.0 million mortgage on our Montreal Industrial Portfolio at a 4.88% interest rate, 30 year amortization and seven year term. The previous mortgage was at a 3.98% interest rate and set to mature in August 2023. As part of the early repayment of the mortgage, the lender paid an early break fee of approximately $0.6 million to the property partnership. The Trust will use its proceeds from the early termination to reduce the Trust’s credit facility. The Trust has a 50% interest in the property and a corresponding $22.0 million mortgage. $13.6...

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Press release [distributed 20 Dec, morning]: Evolution of the Orange group’s Executive Committee

Press release Paris, 20 December 2022   Evolution of the Orange group’s Executive Committee   The Orange group announces the departure of Ramon Fernandez, Deputy Chief Executive Officer in charge of Finance, Performance and Development, at the end of the first quarter of 2023.   Ramon Fernandez, who has overseen the Group’s finances for the past eight years, has decided to take up a new professional challenge outside the company. Until his departure, he will continue in his current role within the Executive Committee. In this role, alongside Christel Heydemann, CEO of Orange, and the Group’s management team, he will continue his work on the preparation of the new strategic plan. His successor will be announced in the coming weeks.   Christel Heydemann commented: “I would like to thank Ramon for his unfailing commitment to the Group. He...

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180 Life Sciences Corp. Announces $6 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

PALO ALTO, Calif., Dec. 20, 2022 (GLOBE NEWSWIRE) —  180 Life Sciences Corp. (NASDAQ: ATNF, “180 Life Sciences” or the “Company”), a clinical-stage biotechnology company, today announced that it has entered into a definitive agreement with a single healthcare-focused U.S. institutional investor, for the purchase and sale of 1,714,286 shares of the Company’s common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 2,571,429 shares of common stock at a purchase price per share (and accompanying warrant) of $3.50 in a registered direct offering priced at-the-market under Nasdaq rules. The warrants will have an exercise price of $3.50 per share, will be initially exercisable beginning six months following the date of issuance and will expire five years from the initial exercise date. The closing of...

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Class Acceleration Corp. Amends Charter and Announces Decision to Liquidate

WOODSIDE, Calif., Dec. 20, 2022 (GLOBE NEWSWIRE) — On December 20, 2022, the stockholders of Class Acceleration Corp. (the “Company”) approved (i) an amendment to the Company’s second amended and restated certificate of incorporation (the “Charter”) to extend the date by which the Company would be required to consummate a business combination from January 20, 2023 to June 20, 2023 (the “Extension Amendment”), (ii) an amendment to the Charter to permit the Company’s Board, in its sole discretion, to elect to wind up the Company’s operations on an earlier date (the “Liquidation Amendment” and, together with the Extension Amendment, the “Charter Amendments”), (iii) an amendment to the Company’s investment management trust agreement, dated as of January 14, 2021, by and between the Company and Continental Stock Transfer & Trust...

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