Sotera Health Announces Settlement of Ethylene Oxide Litigation in Illinois

Written by Customer Service on January 9, 2023. Posted in Public Companies.

Settlement Explicitly Does Not Constitute Admission of Liability CLEVELAND, Jan. 09, 2023 (GLOBE NEWSWIRE) — Sotera Health Company (Nasdaq: SHC), a leading global provider of mission-critical end-to-end sterilization solutions and lab testing and advisory services for the healthcare industry, today announced that its subsidiaries have reached agreements to settle the more than 870 ethylene oxide (“EO”) cases pending against Sterigenics in the Circuit Court of Cook County, Illinois, and US District Court for the Northern District of Illinois. Under the terms of the agreements, Sterigenics will pay $408 million to settle the claims, subject to substantially all of the plaintiffs providing opt-in consents to their individual settlement allocations and dismissing their claims with prejudice. The administration and completion of the...

SmartCentres REIT to release 2022 Fourth Quarter and Year-End Results and Host Conference Call

Written by Customer Service on January 9, 2023. Posted in Public Companies.

TORONTO, Jan. 09, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) announced today that it will issue its financial results for the three months and year ended December 31, 2022 on Wednesday, February 8, 2023. SmartCentres will hold a conference call on Thursday, February 9, 2023 at 3:00 p.m. (ET). Participating on the call will be members of SmartCentres’ senior management. Investors are invited to access the call by dialing 1-855-353-9183 and then keying in the participant passcode 14567#. A recording of this call will be made available Thursday, February 9, 2023, beginning at 8:30 p.m. (ET) through to 8:30 p.m. (ET) on Thursday, February 16, 2023. To access the recording, please call 1-855-201-2300, enter the conference access code 14567# and then key in the playback...

Flushing Financial Announces the Death of Retired Board Member, Michael J. Russo

Written by Customer Service on January 9, 2023. Posted in Public Companies.

UNIONDALE, N.Y., Jan. 09, 2023 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq-: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that Michael J. Russo, a recently retired member of the Board of Directors has passed away. He was 88. Michael J. Russo retired from the Board of Directors on January 4, 2023 where he served as a Director on the Board of the Company and the Bank. He was a member of the Board of Directors of the Company since its formation in 1994 and of the Bank since 1984. Michael J. Russo was self-employed as a consulting engineer and served as Chief Executive Officer and Corporate Secretary of Fresh Meadow Mechanical Corp., a mechanical contracting firm. Mr. Russo was also President and Director of Operations of Northeastern Aviation Corp., an aircraft charter...

Leading Edge Materials Reports Warrant Exercise and Provides Corporate Update

Written by Customer Service on January 9, 2023. Posted in Public Companies.

LEADING EDGE MATERIALS REPORTS WARRANT EXERCISE AND PROVIDES CORPORATE UPDATE Vancouver, January 9, 2023 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) is pleased to announce that the Interim Chief Executive Officer Mr. Eric Krafft has exercised warrants providing proceeds to the Company of CAD 1.3 million in order to support the ongoing development and exploration programs at its Swedish and Romanian projects. Upon closing of the exercise, Mr. Krafft will hold 38% of the issued and outstanding common shares of Leading Edge Materials, and 42% of the common shares on a fully diluted basis. Eric Krafft, Director and Interim CEO of the Company, states: “As previously, I am pleased to be able to support funding of the Company by exercising existing...

Psyence Announces Business Combination between Wholly Owned Subsidiary Psyence Biomed Corp. and Nasdaq listed Newcourt Acquisition Corp

Written by Customer Service on January 9, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 09, 2023 (GLOBE NEWSWIRE) — Psyence Group Inc. (CSE:PSYG | OTCQB: PSYGF), a life science biotechnology company pioneering the use of natural psilocybin in mental health and well-being (“Psyence”), and Newcourt Acquisition Corp (Nasdaq: NCAC), a special purpose acquisition company (“SPAC”) formed for the purpose of acquiring or merging with one or more businesses (“Newcourt” or the “Company”), today announced that Newcourt has entered into a definitive business combination agreement (the “Business Combination Agreement”) on January 9, 2023 with Psyence Biomed Corp (“Psyence Biomed”), a wholly owned subsidiary of Psyence, to create a public company (the “Combined Company”) leveraging natural psilocybin in the treatment of palliative care (the “Business Combination”). Psyence Biomed is Psyence’s clinical...

Sotera Health Chairman and CEO Presents at 41st Annual J.P. Morgan Healthcare Conference

Written by Customer Service on January 9, 2023. Posted in Public Companies.

CLEVELAND, Jan. 09, 2023 (GLOBE NEWSWIRE) — Sotera Health Company (“Sotera Health” or the “Company”) (Nasdaq: SHC), a leading global provider of mission-critical end-to-end sterilization solutions and lab testing and advisory services for the healthcare industry, today is presenting at the 41st Annual J.P. Morgan Healthcare Conference. During the presentation, Chairman and CEO Michael B. Petras, Jr. will be providing an update on Sotera Health’s business. “I am pleased to announce that Sotera Health delivered solid top-line growth in 2022,” said Mr. Petras. “We expect full-year revenues to fall within the previously communicated guidance range of $995 million to $1.005 billion. Despite a challenging macroeconomic environment, the team did a good job focusing on our core values to deliver these results. We look forward to reporting...

ETC Announces Fiscal 2023 Third Quarter Results and Board of Director Appointment

Written by Customer Service on January 9, 2023. Posted in Earnings Releases And Operating Results.

SOUTHAMPTON, Pa., Jan. 09, 2023 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended November 25, 2022 (the “2023 third quarter”) and the thirty-nine week period ended November 25, 2022 (the “2023 first three quarters”). Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President stated, “We are pleased with the 45% increase in sales in the third quarter over the prior year period, which reflects sales increases of 123% in ETC’s Commercial Industrial Segment and an 11% increase in Aerospace. The strength of our increasing backlog and opportunities in the pipeline are driving sales and margin increases.” Board of Director Appointment ETC also announces the appointment of Brian J. Eccleston to its Board of...

Algoma Steel Provides Fiscal Third Quarter 2023 Guidance

Written by Customer Service on January 9, 2023. Posted in Public Companies.

SAULT STE. MARIE, Ontario, Jan. 09, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal third quarter 2023. Unless otherwise specified, all amounts are in Canadian dollars. Fiscal third quarter 2023 total steel shipments are expected to be approximately 455,000 tons and Adjusted EBITDA is expected to be in a range of $(35) million to $(45) million. Michael Garcia, the Company’s Chief Executive Officer, commented, “The sequential decrease in steel shipments and Adjusted EBITDA as compared to the fiscal second quarter 2023 is largely due to lower than expected plate shipments, continued softening in steel pricing, and normal seasonal maintenance activities ahead...

Transocean Ltd. Announces Pricing of $525 Million of Secured Notes Due 2028

Written by Customer Service on January 9, 2023. Posted in Public Companies.

STEINHAUSEN, Switzerland, Jan. 09, 2023 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that Transocean Titan Financing Limited (“Transocean Titan”), a wholly-owned indirect subsidiary of Transocean Ltd., has priced its previously announced offering of U.S. $525 million in aggregate principal amount of senior secured notes due 2028 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be guaranteed by Transocean Ltd., Transocean Inc., and a wholly-owned indirect subsidiary that owns and initially will operate the Deepwater Titan and will be secured by a lien on the Deepwater Titan and certain other assets related to the rig. The Notes will bear interest at the rate of 8.375% per annum and will be callable after February 1, 2025. The offering is expected to close on or about January...

AlphaTime Acquisition Corp Announces Closing of Full Over-allotment Option

Written by Customer Service on January 9, 2023. Posted in Public Companies.

Cayman Islands, Jan. 09, 2023 (GLOBE NEWSWIRE) — AlphaTime Acquisition Corp (the “Company”) today announced that the underwriters of its initial public offering exercised in full their over-allotment option on January 6, 2023 to purchase an additional 900,000 units at a public offering price of $10.00 per unit. After giving effect to the exercise of the over-allotment option, a total of 6,900,000 units have been issued, resulting in total gross proceeds of $69,000,000. The units, including those issued in connection with the over-allotment option, are listed on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “ATMCU”. Each unit consists of one ordinary share, one redeemable warrant entitling the holder to purchase one ordinary share at a price of $11.50 per share, and one right entitling the holder to receive one-tenth...

Day: January 9, 2023

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