Day: January 4, 2023

Surrozen to Present at the 41st Annual J.P. Morgan Healthcare Conference

Written by Customer Service on January 4, 2023. Posted in Public Companies.

SOUTH SAN FRANCISCO, Calif., Jan. 04, 2023 (GLOBE NEWSWIRE) — Surrozen, Inc. (“Surrozen” or the “Company”) (Nasdaq: SRZN), a company pioneering targeted therapeutics that selectively activate the Wnt pathway for tissue repair and regeneration, will present on January 12, 2023 at 7:30 a.m. Pacific time at the 41st Annual J.P. Morgan Healthcare Conference. A live audio webcast of the presentation will be accessible through Surrozen’s Investor Relations website at investors.surrozen.com. An archived edition of the session will be available later that day. About Surrozen Surrozen is a clinical stage biotechnology company discovering and developing drug candidates to selectively modulate the Wnt pathway. Surrozen is developing tissue-specific antibodies designed to engage the body’s existing biological repair mechanisms with potential...

Healthcare Realty Trust Announces Update of Planned Asset Sales and Joint Ventures

Written by Customer Service on January 4, 2023. Posted in Public Companies.

NASHVILLE, Tenn., Jan. 04, 2023 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced the completion of $1.14 billion of asset sales and joint venture contributions since July 2022 at a 4.86% cap rate. The Company generated net proceeds of $1.03 billion from these transactions after accounting for HR’s joint venture interest as well as closing-related prorations and capital adjustments. The Company has additional properties under contract to sell for more than $100 million. These additional sales are expected to close by the end of February. The transactions described above include the sale or expected sale of 34 properties and the contribution of 11 properties to joint ventures. Collectively these properties have the following characteristics:49% off-campus 30% single-tenant 12% non-MOB 2.38% average...

Hudson Acquisition I Corp. Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

Written by Customer Service on January 4, 2023. Posted in Public Companies.

NEW YORK, NY, Jan. 04, 2023 (GLOBE NEWSWIRE) — Hudson Acquisition I Corp. (the “Company” or “HUDA”) (Nasdaq: HUDA), today announced that it received written notice from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that the Company has regained compliance with the Nasdaq Listing rule 5250(c)(1) and the matter is now closed. On December 9, 2022, the Company received a standard notice of noncompliance from Nasdaq indicating that, as a result of not having timely filed its quarterly report on Form 10-Q for the period ended September 30, 2022 with the Securities and Exchange Commission, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange...

Transocean Ltd. Announces Contract Awards and Extensions Totaling $488 Million

Written by Customer Service on January 4, 2023. Posted in Public Companies.

STEINHAUSEN, Switzerland, Jan. 04, 2023 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) today announced contract awards or extensions for five of its drilling rigs. Together, the fixtures represent approximately $488 million of firm backlog.Deepwater Invictus, an ultra-deepwater drillship, was awarded a new three-well contract with an estimated 100-day duration in the U.S. Gulf of Mexico with an independent operator. The contract contributes an estimated $43 million in backlog and is expected to commence in direct continuation of the rig’s current program. Transocean Barents, a harsh environment semi-submersible, was awarded a new one-well contract with an estimated 110-day duration in the U.K. North Sea with a major operator. The contract contributes an estimated $34 million in backlog and is expected to commence in the first...

Semantix Announces the Acquisition of Elemeno

Written by Customer Service on January 4, 2023. Posted in Mergers And Acquisitions.

SÃO PAULO, Brazil, Jan. 04, 2023 (GLOBE NEWSWIRE) — Semantix, Inc. (NASDAQ: STIX), a leading Latin American end-to-end data platform provider (“Semantix”), today announced it has entered into an agreement to acquire Elemeno Inc. (“Elemeno”), a US-based, cloud-managed, machine learning operations (MLOps) platform provider focused on helping businesses leverage the benefits of artificial intelligence. Elemeno specifically aims to automate the development, deployment, and management of machine learning (ML) software with an easy-to-use interface and, in so doing, accelerate artificial intelligence adoption for businesses and organizations. Founded in 2021 by Lucas Bonatto Miguel, Elemeno simplifies machine learning development by providing an end-to-end development framework, which includes not only automation but key no-code components...

Ethan Allen Announces Earnings Release Date for its Fiscal 2023 Second Quarter Results

Written by Customer Service on January 4, 2023. Posted in Earnings Releases And Operating Results.

DANBURY, CT, Jan. 04, 2023 (GLOBE NEWSWIRE) — Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) today announced that it will release its financial and business results for the fiscal 2023 second quarter ended December 31, 2022, after the market closes on Wednesday, January 25, 2023. Following the release, the Company will host an analyst conference call at 5:00 PM (Eastern Time) to discuss its results. The analyst conference call will be webcast live from the Company’s Investor Relations website at https://ir.ethanallen.com. The following information is provided for those who would like to participate in the conference call:U.S. Participants: 877-705-2976 International Participants: 201-689-8798 Meeting Number: 13734717For those unable to listen live, an archived...

Compass Diversified Declares Fourth Quarter 2022 Distributions on Common and Series A, B and C Preferred Shares

Written by Customer Service on January 4, 2023. Posted in Dividend Reports And Estimates.

WESTPORT, Conn., Jan. 04, 2023 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended December 31, 2022 is payable on January 26, 2023 to all holders of record of Common Shares as of January 19, 2023. The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, October 30, 2022, up to, but excluding, January 30, 2023. The distribution for such period is payable...

Richardson Electronics Reports Second Quarter Fiscal 2023 Net Income of $5.5 Million or 8.4% of Net Sales; Declares Quarterly Cash Dividend

Written by Customer Service on January 4, 2023. Posted in Dividend Reports And Estimates.

Green Energy Solutions sales increase 150.3% over Q2 FY22; total net sales increase 22.1% Second Quarter HighlightsNet sales of $65.9 million were up 22.1% from last year’s second quarter driven by increases in Power and Microwave Technologies (“PMT”), Green Energy Solutions (“GES”) and Canvys business units. Backlog totaled $192.6 million in the second quarter versus $199.2 million at the end of the first quarter of fiscal 2023 and $146.9 million at the end of the second quarter of last fiscal year. Gross margin was 33.2% of net sales for the second quarter of fiscal 2023 versus 32.7% of net sales in the prior year’s second quarter representing strong sales and growth in engineered solutions within the PMT and GES business units. Operating income was $7.2 million in the second quarter of fiscal 2023 compared to $4.5 million for the...

Innovative Food Holdings Announces that The Simple Root has Selected IVFH’s Managed eCommerce and Foodservice Solutions to Accelerate the Launch of its Plant-Based Brand

Written by Customer Service on January 4, 2023. Posted in Public Companies.

BONITA SPRINGS, Fla., Jan. 04, 2023 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (IVFH), a leading specialty food-focused eCommerce platform with comprehensive direct-to-consumer (“DTC”) and B2B omnichannel offerings, today announced that The Simple Root has selected IVFH’s end-to-end managed solutions to quickly launch its rapidly growing brand of plant-based food products. The Simple Root is a global plant-based food brand backed by Pilot Lite and McCain Foods. The company uses an innovative process to craft versatile and delicious veggie-packed foods. The Simple Root Certified Plant Based® products are a creamy blend of wholesome vegetables, fruits, herbs, and spices. Vegetables are the number one ingredient in all The Simple Root products, unlike other plant-based foods that rely on allergens like soy, nuts and nut milks,...

Lowell Farms Inc. and The Pharm, LLC to Bring the Award-Winning Lowell Smokes to Arizona Dispensaries

Written by Customer Service on January 4, 2023. Posted in Public Companies.

California cannabis leader continues multi-state expansion with the launch in Arizona in early 2023 SALINAS, Calif., Jan. 04, 2023 (GLOBE NEWSWIRE) — Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF) is set to debut its award-winning cannabis products at recreational and medicinal dispensaries in Arizona. The California-born innovator in cannabis cultivation and creator of the iconic Lowell Smokes brand has partnered with cannabis operator The Pharm, LLC to launch multiple products in 2023. “Arizona was the fastest state in the nation to begin retail cannabis sales after recreational use was legalized in 2020, and that speaks to the demand for quality products and celebrated brand for which Lowell Farms is known,” says Lowell Farms Inc. Chairman of the Board George Allen. “As we enter into 2023, Lowell Farms remains committed to multi-state...

Day: January 4, 2023

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