Fobi AI announces closing of non-brokered private placement, participation includes strategic investor, as well as officers, and senior management

Written by Customer Service on January 24, 2023. Posted in Public Companies.

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, British Columbia, Jan. 24, 2023 (GLOBE NEWSWIRE) — FOBI AI Inc. (TSXV: FOBI) (OTCQB: FOBIF) (the “Company” or “FOBI“), an industry leader in harnessing AI and data intelligence to enable digital transformation is pleased to announce that it has completed a non-brokered private placement offering (the “Offering“) of 4,723,946 units of the Company (“Units“) at a price per Unit of $0.175 for aggregate gross proceeds of $826,690.55. Each Unit consists of one (1) common share of the Company (a “Unit Share“) and one-half of one (1/2) common share purchase warrant of the Company (each whole such warrant, a “Warrant“). Each Warrant entitles the holder thereof...

Gran Tierra Energy Inc. Announces Strong Reserves Replacement and Continued Reserves Growth in 2022

Written by Customer Service on January 24, 2023. Posted in Public Companies.

Added Total Company Reserves of 14 MMBOE 1P, 17 MMBOE 2P and 31 MMBOE 3P Achieved 126% 1P, 148% 2P and 280% 3P Reserves Replacement Fourth Consecutive Year of 1P Reserves Growth Exploration Discoveries Alone Added Company Reserves of 5 MMBOE 1P, 16 MMBOE 2P and 32 MMBOE 3P Achieved Three-Year Average Per Barrel Finding and Development Costs of $11.69 PDP and $14.51 1P Reserve Life Indexes of 7 (1P), 11 (2P) and 15 (3P) Years Net Present Value Before Tax Discounted at 10 Percent Increased to $2.1 Billion (1P), $3.0 Billion (2P) and $4.1 Billion (3P) 1P Net Asset Value per Share of $4.62 Before Tax, Up 77% from 2021 2P Net Asset Value per Share of $7.36 Before Tax, Up 56% from 2021 Net Debt-Adjusted Production per Share Growth of 67% since 2021 Net Debt-Adjusted Reserves per Share Growth of 56% (1P), 57% (2P) and 69% (3P) since 2021 Future...

WPF Holdings Completes K-Pop E-Commerce Acquisition

Written by Customer Service on January 24, 2023. Posted in Mergers And Acquisitions.

LOS ANGELES, CA, Jan. 24, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — WPF Holdings, Inc. (OTC PINK: WPFHD) announces today that it has acquired online and e-commerce assets from KPOP 1004 operations. This reflects the more technology-focused direction of WPF Holdings and modifies and closes out the acquisition agreement prior announced between the parties. KPOP 1004 has received 10,000 shares of WPF Holdings common stock along with agreements to operate as the sole distributor of all K-Pop and K-Beauty products for WPF Holdings and its subsidiaries. As part of the asset acquisition, WPF Holdings will form a subsidiary company called K-Shop, and will place all of these acquired assets and operations within the newly formed company. KPOP 1004 will operate as sole distributor for all K-Pop and K-Beauty merchandise for K-Shop. KPOP...

Bridger Aerospace and Jack Creek Announce Closing of Business Combination

Written by Customer Service on January 24, 2023. Posted in Mergers And Acquisitions.

Bridger Aerospace common stock and warrants expected to begin trading on NASDAQ on January 25th under ticker “BAER” and “BAERW” BOZEMAN, Mont. and NEW YORK, Jan. 24, 2023 (GLOBE NEWSWIRE) — Bridger Aerospace Group Holdings, LLC (“Bridger” or “Bridger Aerospace”), a leading independent provider of aerial firefighting services, and Jack Creek Investment Corp. (“Jack Creek”) (NASDAQ: JCIC), a special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”). The combined company will operate as “Bridger Aerospace Group Holdings, Inc.” and its common stock and warrants are expected to begin trading on the Nasdaq Global Market under the ticker symbols “BAER” and “BAERW,” respectively, on January 25, 2023. The Business Combination was approved at a special...

Major Players in AgTech Merge

Written by Customer Service on January 24, 2023. Posted in Mergers And Acquisitions.

Growers Custom Equipment unites with Facilities Management Group SALINAS, Calif., Jan. 24, 2023 (GLOBE NEWSWIRE) — Post Harvest Technologies, Inc., a Delaware C-Corporation, today announced the recent merger of two of its portfolio companies. Growers Custom Equipment, LLC, headquartered in Yuma, AZ., and Facilities Management Group, LLC, of Salinas, have merged effective January 1, 2023. “We are excited to unite two leading players in the AgTech space,” said Jim White, PhD., Chairman and CEO of Post Harvest Technologies, Inc. “This merger will enhance our ability to meet our primary goals of food safety, sustainability, and energy performance in all our operations.” Growers Custom Equipment is a state-of-the-art, eco-friendly engineering and manufacturing company for agricultural pre-cooling equipment. It custom designs, engineers...

Atos enters into exclusive negotiations with Mitel for the sale of its Unified Communications & Collaboration business (Unify)

Written by Customer Service on January 24, 2023. Posted in Mergers And Acquisitions.

Continuous execution of Atos’ divestment program   Paris, France – January 24, 2023 – Atos, a global leader in digital transformation, today announces that is has entered into exclusive negotiations with Mitel Networks (“Mitel”) for the sale of its Unified Communications & Collaboration Services businesses (“Unify”)1. This constitutes a new step in the implementation of the Atos divestment program as announced at the Group’s Capital Markets Day in June 2022. “We are pleased with this announcement, which marks another important step in the execution of our divestment program and brings us closer to the c. €700 million target that we set 7 months ago. Moreover, it is a further testimony that we are delivering on our ambitious transformation plan at pace” added Diane Galbe, Senior Executive Vice President, Atos. Unify offers...

Novozymes and Chr. Hansen receive binding tax ruling that the proposed merger can be completed as a tax-exempt merger

Written by Customer Service on January 24, 2023. Posted in Mergers And Acquisitions.

Please read the announcement in the attachment Attachment 2023_Tax-exempt_merger_ruling

Apollo Commercial Real Estate Finance, Inc. Announces 2022 Dividend Income Tax Treatment

Written by Customer Service on January 24, 2023. Posted in Dividend Reports And Estimates.

NEW YORK, Jan. 24, 2023 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the estimated federal income tax treatment of the Company’s 2022 distributions on its common stock (CUSIP #03762U105) and its 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock. The federal income tax classification of the 2022 distributions on the Company’s common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table: Record Date Payable Date Total Distribution Per Share Ordinary Income Per Share (2) Return of Capital Per Share Capital Gain Per Share 12/31/2021 01/14/2022 $0.35 $0.2445 – – 03/31/2022 04/15/2022 $0.35 $0.3500 – – 06/30/2022 07/15/2022 $0.35 $0.3500 – – 09/30/2022 10/14/2022 $0.35 $0.3500 – – 12/30/2022(1) 01/13/2023 $0.35 $0.1185 – – (1)...

Sotherly Hotels Inc. Announcements Reinstatement of Quarterly Preferred Dividends

Written by Customer Service on January 24, 2023. Posted in Dividend Reports And Estimates.

WILLIAMSBURG, Va., Jan. 24, 2023 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that its Board of Directors has authorized payment of quarterly cash dividends for the Company’s Series B, Series C, and Series D Preferred Stock that were previously declared on January 27, 2020. The Board of Directors authorized, and the Company has declared, a quarterly cash dividend of $0.50 per share of beneficial interest of the Company’s 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred dividend will be paid on March 15, 2023 to shareholders of record as of February 28, 2023. The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of $0.4921875 per share of beneficial interest of the Company’s 7.875% Series C Cumulative Redeemable...

Day: January 24, 2023

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