Month: January 2023

FRO – Termination of Combination Agreement with Euronav

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

Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (Market Abuse Regulation). Frontline plc (“Frontline”) (NYSE: FRO – OSE: FRO), formerly Frontline Ltd., refers to its announcement on July 11, 2022 regarding the combination between Frontline and Euronav NV (“Euronav”) and subsequent updates, and announces that it no longer pursues a combination between Frontline and Euronav. Frontline has terminated the combination agreement it entered into with Euronav in this respect. As a result, Frontline will not make a voluntary conditional exchange offer for all outstanding Euronav shares. Frontline will also no longer seek a listing on Euronext Brussels. Frontline has simultaneously with...

Enservco Corporation Receives Notice of Noncompliance from NYSE American Exchange

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

LONGMONT, Colo., Jan. 09, 2023 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced it has received a notice of noncompliance from the NYSE American Exchange because the Company did not hold an annual meeting in 2022 due to it having to restate its financial statements. The Company expects to hold an annual meeting in 2023, at which time it will regain compliance with the NYSE American’s continued listing standards. About EnservcoThrough its various operating subsidiaries, Enservco provides a range of oilfield services, including hot oiling, acidizing, frac water heating, and related services. The Company has a broad geographic footprint covering seven major...

Targa Resources Corp. Completes Acquisition of 25% Interest in Grand Prix NGL Pipeline

Written by Customer Service on January 9, 2023. Posted in Mergers And Acquisitions.

HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that it has completed the previously announced acquisition of Blackstone Energy Partners’ 25 percent interest in Targa’s Grand Prix NGL Pipeline (“Grand Prix”) for $1.05 billion in cash. The acquisition has an effective date of January 1, 2023, with Targa now owning 100 percent of Grand Prix. Grand Prix has capacity to transport up to one million barrels per day of natural gas liquids (“NGL”) to the NGL market hub at Mont Belvieu, Texas. Grand Prix connects Targa’s gathering and processing positions throughout the Permian Basin, North Texas, and Southern Oklahoma (as well as third-party positions) to Targa’s fractionation and storage complex at Mont Belvieu. About Targa Resources Corp. Targa...

First Guaranty Bancshares, Inc. and Lone Star Bank: A Match Made in Bluebonnet Heaven

Written by Customer Service on January 9, 2023. Posted in Mergers And Acquisitions.

HAMMOND, La. and HOUSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) — First Guaranty Bancshares, Inc. (Nasdaq: FGBI) – First Guaranty Bank (“FGB”), a wholly owned subsidiary of First Guaranty Bancshares, Inc. (“First Guaranty”), is growing! Selected by Newsweek in 2021, 2022 and 2023 as America’s “Best Small Bank”, FGB is at it again and set to grow with a definitive agreement for the purchase of Lone Star Bank (“Lone Star”) in an all-stock transaction. Founded over 16 years ago in Houston, Texas, Lone Star, like FGB, has become known for its stability and service. With four branches spanning I-10 from the Greater Houston area to Columbus, Lone Star’s locations will increase FGB’s presence and growth opportunities in the Lone Star State. First Guaranty is a Louisiana corporation and a financial holding company headquartered in Hammond, Louisiana...

MDxHealth Reports Preliminary 2022 Revenues and Reaffirms 2023 Revenue Guidance

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

NEWS RELEASE – INSIDE AND REGULATED INFORMATION9 JANUARY 2023, 4PM ET / 22:00 CET MDxHealth Reports Preliminary 2022 Revenues and Reaffirms 2023 Revenue Guidance IRVINE, CA, and HERSTAL, BELGIUM – January 9, 2023 – MDxHealth SA (NASDAQ/Euronext: MDXH), a commercial-stage precision diagnostics company, today reported preliminary 2022 revenues and reaffirmed its 2023 revenue guidance. The Company expects to report 2022 revenues of approximately $37 million, with a year-end cash balance of $15.5 million. The Company is also reaffirming its previously issued 2023 revenue guidance of $65-$70 million. Michael K. McGarrity, CEO of mdxhealth, commented: “In 2023, we are focused on operating execution and believe that improved reimbursement, along with our expanded diagnostic product offering will drive growth as reflected in our guidance....

Solid Biosciences Reports Inducement Grant to Chief Financial Officer and Treasurer

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

CHARLESTOWN, Mass., Jan. 09, 2023 (GLOBE NEWSWIRE) — Solid Biosciences Inc. (Nasdaq: SLDB), a life sciences company developing genetic medicines for neuromuscular and cardiac diseases, today announced the grant of inducement awards to its newly appointed Chief Financial Officer and Treasurer, Kevin Tan. The grant was approved by a majority of the independent directors of the Company on January 6, 2023, as an inducement material to Mr. Tan’s entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The inducement grant to Mr. Tan consisted of an option to purchase up to 90,000 shares of common stock and a restricted stock unit award with respect to 45,000 shares of common stock. The option has a ten-year term and an exercise price of $6.00 per share, the closing price per share of the Company’s...

MYR Group Inc. Announces CFO Succession Plan

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

THORNTON, Colo., Jan. 09, 2023 (GLOBE NEWSWIRE) — MYR Group Inc. (“MYR Group” or the “Company”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today that as part of a planned leadership succession process, Betty R. Johnson notified the Board of Directors of her decision to retire as Senior Vice President and Chief Financial Officer of the Company, effective on February 24, 2023. Ms. Johnson will be succeeded by Kelly Huntington, who will assume the role of Senior Vice President on January 9, 2023 and the role of Senior Vice President & Chief Financial Officer on February 24, 2023, following the reporting of Company’s full year 2022 earnings. Ms. Johnson will continue as...

The First of Long Island Corporation Announces Additional Board Refreshment as Part of Ongoing Commitment to Strong Corporate Governance

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

Demonstrates Responsiveness to Investor Input and Commitment to Increasing Shareholder Value MELVILLE, N.Y., Jan. 09, 2023 (GLOBE NEWSWIRE) — The First of Long Island Corporation (the “Company”) (Nasdaq: FLIC), the parent company of The First National Bank of Long Island (the “Bank”), announced that as part of its ongoing board refreshment program, it has agreed to nominate J. Abbott R. Cooper for election to the Board of Directors (the “Board”) of the Company at the 2023 Annual Meeting of Shareholders (the “Annual Meeting”). Assuming Mr. Cooper is elected at the 2023 Annual Meeting, the Company will have added two new, independent directors since November 2022. Mr. Cooper commented: “I am excited to join The First of Long Island Corporation’s Board at this next stage in the Bank’s transformation toward a more commercially focused...

Sight Sciences Announces Preliminary Unaudited Fourth Quarter and Full Year 2022 Financial Results

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

Company Also Announces CFO Transition MENLO PARK, Calif., Jan. 09, 2023 (GLOBE NEWSWIRE) — Sight Sciences, Inc. (Nasdaq: SGHT) (“Sight Sciences” or the “Company”), an eyecare technology company focused on creating innovative solutions intended to transform care and improve patients’ lives, today announces several Company updates. Preliminary Revenue ResultsThe Company is announcing preliminary unaudited financial results for the fourth quarter and year ended December 31, 2022. Fourth quarter 2022 total revenue is expected to be in the range of $20.4 million to $20.6 million, an increase of 40% compared to the prior year period and a sequential increase of 10% compared to the third quarter of 2022 at the estimated midpoint.Surgical Glaucoma revenues are expected to be in the range of $18.7 million to $18.8 million, an increase...

Verizon responds: Keeping customers connected as severe weather hits California

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

SAN FRANCISCO, Jan. 09, 2023 (GLOBE NEWSWIRE) — As severe weather continues to batter California and other parts of the West Coast with a series of atmospheric rivers and bomb cyclones, Verizon is working around the clock to keep customers connected. These storms have delivered heavy rain, strong winds and snow. Communities in Northern California are dealing with floods, debris flows, road closures, downed trees and commercial power outages. With safety as its top priority, Verizon is committed to making sure customers can use their mobile devices when it matters most. Verizon’s extreme network is recognized for reliability and designed to withstand extreme weather with redundancy on critical paths and components to continue to serve its customers to deliver superior service. Battery and generator backup systems in critical locations...

Month: January 2023

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