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Month: January 2023

Semantix Announces the Acquisition of Elemeno

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...

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

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

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...

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

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...

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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

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,...

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

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...

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Brunswick Corporation Announces Evolution of Iconic Parent Brand Reflecting Most Comprehensive Technology Vision in Company History

Unveiled at CES, Brunswick’s Rebrand Highlights its Unique Technology Solutions and Ability to Deliver Transformative Consumer Experiences LAS VEGAS, Jan. 04, 2023 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC) unveiled today at the Consumer Electronics Show (CES) in Las Vegas, a powerful brand update reflecting the Company’s unwavering dedication to architecting the future of the marine industry through technology-driven solutions across its portfolio of category-leading brands. Anchored in its new tagline, “Next Never Rests™,” the brand refresh reflects a sustained commitment to innovation embodied in the most comprehensive and integrated product, service and technology strategy in Brunswick’s history. “Brunswick’s success has always been rooted in our deep understanding of what the next generation consumer...

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FutureFuel Corp. Declares Quarterly Cash Dividend Program for 2023

CLAYTON, Mo., Jan. 04, 2023 (GLOBE NEWSWIRE) — FutureFuel Corp. (NYSE: FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced that it has declared its 2023 quarterly dividend program, declaring normal quarterly cash dividends of U.S. $0.06 per share, with the following record and payment dates:Record Dates Payment DatesMarch 1, 2023 March 15, 2023June 1, 2023 June 15, 2023September 1, 2023 September 15, 2023December 1, 2023 December 15, 2023About FutureFuel FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products. In its chemicals business, FutureFuel manufactures specialty chemicals for specific customers (“custom chemicals”), as well as multi-customer specialty chemicals (“performance chemicals”)....

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Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. and Tradition’s Entire Portfolio of Corporate Subsidiaries

Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. and Tradition’s Entire Portfolio of Corporate Subsidiaries Tradition was incorporated under the laws of the State of Indiana on September 16, 2015. Tradition is headquartered in Angola, Indiana, and provides freight transportation, brokerage, truck leasing and financing, warehousing and fulfillment services throughout the United StatesWinter Park, FL, Jan. 04, 2023 (GLOBE NEWSWIRE) — Aqua Power Systems, Inc. (OTC: APSI) (“the Company”) is pleased today to formally announce and further elaborate upon the successful consummation of the recently announced LOI to wholly acquire Tradition Transport Group, Inc (“Tradition”) and its entire portfolio of corporate subsidiaries. The completed acquisition was formally announced in an Edgarized SEC Form 8-K on Friday,...

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Mullinax Joins Renasant as Brand Ambassador

Trey Mullinax PGA Pro Golfer Trey Mullinax PGA Pro Golfer wearing a Renasant branded golf shirtTUPELO, Miss., Jan. 04, 2023 (GLOBE NEWSWIRE) — Renasant today announced that Trey Mullinax, PGA Tour golfer, has joined Renasant as a Brand Ambassador. “Trey Mullinax is a rising star and winner on the PGA Tour. Being from Birmingham, Alabama, he provides us with a relatable background and personality, which fit well with the Renasant brand,” said John Oxford, Renasant’s Chief Marketing Officer. “We are looking forward to leveraging his professionalism, popularity and talent to drive excitement around Renasant’s brand, products and services.” Mullinax became a professional golfer in 2014 and won the PGA Tour’s Barbasol Championship in July 2022. He also has two Korn Ferry Tour victories, which include the 2016 Rex Hospital Open and...

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