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Day: March 20, 2023

TDb Split Corp. Regular Monthly Dividend Declaration for Priority Equity Share

TORONTO, March 20, 2023 (GLOBE NEWSWIRE) — TDb Split Corp. (“TDb Split”) declares its regular monthly distribution of $0.04375 for each Priority Equity share ($0.525 annually). Distributions are payable April 10, 2023 to shareholders on record as at March 31, 2023. The abrupt shutdown of Silicon Valley Bank (SVB) in the U.S. by regulators on Friday, March 10, 2023 has led to a contagion among financial services companies, including Canadian banks which have experienced significant declines in share prices. The investment portfolio of TDb Split has been subject to these market declines, with the share price of Toronto-Dominion Bank (TD Bank) declining significantly from as high as $93.56 as recently as February 13, 2023 to $77.90 at market close on March 17, 2023 (16.74% decrease). The net asset value per unit of TDb...

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Puyi Inc. Announces Unaudited Financial Results for the First Half of the Fiscal Year 2023

GUANGZHOU, China, March 20, 2023 (GLOBE NEWSWIRE) — Puyi Inc. (“Puyi,” “we” or the “Company”) (NASDAQ: PUYI), a leading third-party wealth management service provider in China focusing on the affluent and emerging middle class population, today announced its unaudited financial results for the first half of its fiscal year 2023 from July 1, 2022 to December 31, 2022 (the “reporting period”). FINANCIAL HIGHLIGHTS FOR THE FIRST HALF OF THE FISCAL YEAR 2023Net revenues decreased by 32.6% to RMB68.4 million (US$9.9 million) from RMB101.5 million for the same period of the fiscal year 2022; andNet loss decreased by 19.9% to RMB31.5 million (US$4.6 million) from RMB39.2 million for the same period of the fiscal year 2022. The decrease of net loss was mainly due to a series of cost control measures adopted by us in a timely manner,...

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Freshpet, Inc. Closes $402.5 Million Convertible Senior Notes Offering

Proceeds from the offering strengthen balance sheet to support the Company’s Fresh Future growth plan Convertible security provides significantly reduced interest costs, as compared to alternative debt structures, and greater flexibility with no covenants, no amortization and a five-year maturity Company purchased a capped call hedge to increased its effective conversion premium to 120% so there is no dilution to existing shareholders until the stock exceeds $120.23 per share Company retains the flexibility to ultimately settle any conversions in cash, shares, or a combination SECAUCUS, N.J., March 20, 2023 (GLOBE NEWSWIRE) — Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today announced the closing of its offering of $350.0 million aggregate principal amount of 3.00% convertible senior notes due 2028 (the “Notes”)....

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Firm Capital Property Trust Reports Solid Q4/2022 Results

Accretive Acquisition of Trust Units via NCIBAcquisition of two multi-tenant industrial propertiesSale of Retail and Office Properties generating gains on sale of $5.2MM TORONTO, March 20, 2023 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to report its financial results for the three and twelve months ended December 31, 2022. Q4/2022 HIGHLIGHTS Key highlights for the three months ended December 31, 2022 are as follows:Net income was approximately $8.7 million, a 32% increase over Q4/2021; $7.64 Net Asset Value (“NAV”) per Unit; Net Operating Income (“NOI”) was approximately $9.2 million, 16% increase over Q4/2021; Same Store NOI decreased 1% over Q4/2021 but was up 1% over 4Q/2021; Adjusted Funds From Operations (“AFFO”) was approximately $4.3 million,12% increase over Q4/2021; Commercial...

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LMP Automotive Holdings, Inc. and its Affiliates Announces Certain Asset Sale Agreements and Provides a Corporate Update

FORT LAUDERDALE, FL , March 20, 2023 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, announced it has entered into definitive dealership and real estate sale agreements (the “Agreements”) with respect to the sale of LMP’s Chevrolet, Buick GMC dealerships and their underlying real estate in Beckley, West Virginia. The Company anticipates that the expected closing of the transactions contemplated by the Agreements will occur in June 2023, subject to the satisfaction of the terms and numerous conditions precedent to closing of such Agreement, which include, but are not limited to, manufacturers’ approval. In addition, LMP expects to close on the sale of its Kia and Subaru dealerships, located in West Virginia dealerships in the...

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Bridger Aerospace Announces Full Year 2022 Results; Provides Outlook for 2023 Growth

BOZEMAN, Mont., March 20, 2023 (GLOBE NEWSWIRE) — Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today reported results for the fourth quarter and year ended December 31, 2022. Highlights:Business combination with Jack Creek Investment Corp. (“JCIC”) completed on January 24, 2023, and trading on Nasdaq under BAER began on January 25, 2023 Delivery of latest Super Scooper in February 2023 expands Super Scooper fleet to six Positioned to significantly grow revenue in 2023 by over 80% with current fleet Bridger Adjusted EBITDA poised to grow to between $37 million to $45 million in 2023, before any potential fleet additions“This past year has been one of preparation as we positioned Bridger for its public debut,” commented...

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BurgerFi to Report Fourth Quarter and Fiscal Year 2022 Financial Results on March 22, 2023

FORT LAUDERDALE, Fla., March 20, 2023 (GLOBE NEWSWIRE) — BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) (“BurgerFi”), owner of one of the nation’s leading fast-casual “better burger” dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony’s Coal Fired Pizza & Wings (“Anthony’s”), will report financial results for the fourth quarter and fiscal year ended January 2, 2023 on Wednesday, March 22, 2023 before the market opens. Management will host a conference call at 8:30 a.m. Eastern time on the same day to discuss the results. The conference call will be broadcast live and available for replay on the Company’s Investor Relations website at ir.burgerfi.com. Participants can also access the call using the dial-in details below. Date: Wednesday, March 22, 2023Time: 8:30...

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Galaxy Gaming Announces its Meeting of Shareholders For 2023

LAS VEGAS, March 20, 2023 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTCQB: GLXZ) (“Galaxy” or the “Company”), a developer and distributor of online and land-based casino table games and enhanced systems, announced today that its meeting of Shareholders will be held virtually on June 14, 2023, for shareholders of record as of April 17, 2023. The Notice of Shareholders Meeting will be provided to shareholders of record as of April 17, 2023, in accordance with applicable statutes and regulations. Forward-Looking Statements Certain statements in this release may constitute forward-looking statements, which involve a number of risks and uncertainties. Galaxy cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking...

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AFC Gamma, Inc. Announces CFO Transition

WEST PALM BEACH, Fla., March 20, 2023 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) ( “AFC Gamma” or the “Company”) today announced that Brandon Hetzel, AFC Gamma’s current Executive Vice President, Controller, has been appointed to serve as the Company’s Chief Financial Officer and Treasurer. Mr. Hetzel’s appointment was approved by the Company’s Board of Directors on March 17, 2023. “Effective immediately, the Board has appointed Brandon Hetzel as Chief Financial Officer and Treasurer. We are very excited to have Brandon step into the role, as he has been integral to the Company’s success since he joined in September of 2020 and brings with him both detailed knowledge of our business and significant real estate experience, which will be valuable to AFC Gamma as it expands its investment strategy to include traditional commercial...

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Globus Maritime Announces Filing of its 2022 Annual Report on Form 20–F

GLYFADA, Greece, March 20, 2023 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus,” the “Company,” “we,” or “our”), (NASDAQ: GLBS), a dry bulk shipping company, announced today that the Company’s annual report on Form 20-F that contains the Company’s audited financial statements for the fiscal year ended December 31, 2022 was filed today with the Securities and Exchange Commission, and may be found on the Company’s website at www.globusmaritime.gr under Investor Relations. Alternatively, shareholders may receive a hard copy of the 2022 Annual Report on Form 20-F, free of charge, by request to Globus’ Investor Relations Advisor at: Capital Link Inc.230 Park Avenue, Suite 1536New York, NY 10169 USATel: (+) 1 212 661 7566Email: globus@capitallink.com About Globus Maritime Limited Globus is an integrated dry bulk...

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