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Month: February 2023

Sorrento Posts Form 8937 to Supplement its Previously Issued “FAQ” Regarding the Dividend of Scilex Holding Company Common Stock (Nasdaq: SCLX, “Scilex”)

SAN DIEGO, Feb. 18, 2023 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today posted an IRS Form 8937 (the “Form 8937”) to supplement its previously issued “Frequently Asked Questions” document under the “Investors” section of its website at www.sorrentotherapeutics.com regarding its recent dividend to Sorrento stockholders of shares of common stock of Scilex Holding Company (“Scilex”) previously held by Sorrento. The Form 8937 has been filed with the Internal Revenue Service and Sorrento expects to send copies of the form in the coming days to brokerage firms, banks, dealers and similar organizations to whom a dividend confirmation had previously been distributed by Scilex’s transfer agent, Continental Stock Transfer & Trust Company. After the close of trading on the Nasdaq Capital Market on January...

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Titanium Transportation Group Declares Quarterly Dividend

BOLTON, Ontario, Feb. 17, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF) has declared a quarterly dividend of $0.02 per common share, payable on March 15, 2023 to shareholders of record at the close of business on February 28, 2023. The amount of the dividend is consistent with the Company’s previous dividend. About Titanium Titanium is a leading North American transportation company with asset-based trucking operations and logistics brokerages servicing Canada and the United States, with approximately 800 power units, 3,000 trailers and 1,100 employees and independent owner operators. Titanium provides truckload, dedicated, and cross-border trucking services, logistics, and warehousing and distribution to over 1,000 customers. In the U.S....

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Timbercreek Financial Declares February 2023 Dividend

TORONTO, Feb. 17, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on March 15, 2023 to holders of Common Shares of record on February 28, 2023. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price...

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Sorrento Issues Update to its Previously Issued “FAQ” Regarding the Dividend of Scilex Holding Company Common Stock (Nasdaq: SCLX, “Scilex”)

SAN DIEGO, Feb. 17, 2023 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today posted an update to its previously issued “Frequently Asked Questions” document under the “Investors” section of its website at www.sorrentotherapeutics.com regarding its recent dividend to Sorrento stockholders of shares of common stock of Scilex Holding Company previously held by Sorrento (the “Dividend Stock”). The update to the FAQs provides notice regarding the no lien code added on Scilex (Nasdaq: SCLX) common stock that was distributed as a dividend to Sorrento’s stockholders and provides notice to brokerage firms, banks, dealers and similar organizations listed therein that a dividend confirmation had previously been distributed to such firms by Scilex’s transfer agent (the “Dividend Confirmation”). The update further...

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Shaw Declares March Monthly Dividend, Suspends DRIP and Extends Date for Annual General Meeting

CALGARY, Alberta, Feb. 17, 2023 (GLOBE NEWSWIRE) — Shaw Communications Inc. (“Shaw”) announced today that it has declared a monthly dividend, suspended its dividend reinvestment plan (“DRIP”) and obtained an extension for the date by which it must hold its annual general meeting. Dividend Declaration Shaw’s Board of Directors has declared monthly dividends of $0.09875 per Class B Non-Voting Participating Share and $0.098542 per Class A Participating Share, payable on March 30, 2023 to holders of record at the close of business on March 15, 2023. These dividends are designated as “eligible” dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation. Shareholders will not be entitled to receive a particular dividend unless they are holders of record on the applicable record date. There is no...

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Fair Market Value of Lumine Group Spin-Out Shares

TORONTO, Feb. 16, 2023 (GLOBE NEWSWIRE) — On February 6, 2023 Constellation Software Inc. (TSX:CSU) announced it had declared a special dividend (the “Dividend”), pursuant to which all common shareholders of record on February 16, 2023 (the “Record Date”) are entitled to receive, by way of a dividend-in-kind, 3.0003833 subordinate voting shares of Lumine Group Inc. (the “Spin-Out Shares”) for each common share of Constellation held. The payment date for the Dividend is expected to be on or about February 23, 2023. The common shares of Constellation commenced trading on an ex-dividend basis at the opening of markets on February 15, 2023. Following the distribution of the Spin-Out Shares, there will be 63,582,712 subordinate voting shares of Lumine Group outstanding, representing all of the outstanding Spin-Out Shares. CSI will indirectly...

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NorthWestern Reports 2022 Financial Results

Company reports GAAP diluted earnings per share of $3.25 for 2022, announces a $510 million capital plan for 2023 and a 1.6% increase to the quarterly dividend – to $0.64 per share – payable March 31, 2023 BUTTE, Mont. and SIOUX FALLS, S.D., Feb. 16, 2023 (GLOBE NEWSWIRE) — NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the year ended December 31, 2022. Net income for the period was $183.0 million, or $3.25 per diluted share, as compared with net income of $186.8 million, or $3.60 per diluted share, for the same period in 2021. This decrease of $3.8 million in net income was primarily due to higher operating expense (including depreciation and property taxes) and interest expense, lower transmission revenues, a less favorable Qualifying Facilities (QF) liability adjustment as compared...

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Western Forest Products Inc. Confirms Record Date of First Quarter 2023 Dividend

VANCOUVER, British Columbia, Feb. 16, 2023 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) is pleased to confirm that a quarterly dividend of $0.0125 per share will be paid with respect to the Company’s first fiscal quarter of 2023 to shareholders of record as at the close of business on Friday, February 24, 2023 and payable on Friday, March 17, 2023. The dividend will return a portion of the Company’s cash to shareholders, after taking into consideration the Company’s liquidity and ongoing capital needs. The Board of Directors will review the amount of the dividend on a quarterly basis. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes. About Western Forest Products Inc. Western is an integrated forest products company building a margin-focused log and lumber...

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Star Bulk Carriers Corp. Reports Net Profit of $85.8 Million for the Fourth Quarter of 2022 and Declares Quarterly Dividend of $0.60 Per Share

ATHENS, Greece, Feb. 16, 2023 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the fourth quarter of 2022. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to “we,” “us,” “our,” or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights(Expressed in thousands of U.S. dollars, except for daily rates and per share data)        Fourth quarter 2022 Fourth quarter 2021 Twelve months ended December 31, 2022 Twelve months ended December 31, 2021Voyage Revenues $294,803 $499,857 $1,437,156 $1,427,423Net...

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Brandywine Realty Trust Announces Common Quarterly Dividend, and Confirms First Quarter 2023 Earnings Release and Conference Call

PHILADELPHIA, Feb. 16, 2023 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.19 per common share and OP Unit payable on April 19, 2023 to holders of record on April 5, 2023. The quarterly dividend is equivalent to an annual rate of $0.76 per share. Conference Call and Audio Webcast We will release our first quarter earnings after the market close on Wednesday, April 19, 2023 and will hold our first quarter conference call on Thursday, April 20, 2023 at 9:00 a.m. Eastern Time. To access the conference call by phone, please visit this link here, and you will be provided with dial in details. A live webcast of the conference call will also be available on the Investor Relations page of our website at www.brandywinerealty.com. About Brandywine...

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