Month: March 2023

Location-Based Entertainment Market is Projected to Surpass USD 25.34 Billion by 2028 at a CAGR of 34.4% from 2022 to 2028; Huge Surge in Demand for Immersive and Interactive Entertainment Experiences to Foster Market Growth

Written by Customer Service on March 21, 2023. Posted in Mergers And Acquisitions.

SkyQuest, a reputed market research firm, has recently released an extensive research report that delves deep into the location-based entertainment market. The report thoroughly analyzes various critical market factors, including size, growth rate, and segmentation. It also examines the market’s competitive landscape, identifying major players and their market share. This comprehensive report provides valuable insights into the market’s competitive dynamics, enabling readers to make informed decisions. Westford USA, March 20, 2023 (GLOBE NEWSWIRE) — The location-based entertainment market is experiencing a significant growth surge, with the Asia Pacific region emerging as a major player. The North American market also sees tight competition as consumers increasingly prefer amusement parks, arcade studios, 4D films,...

Nevada Copper Files Financial Statements, MD&A and AIF for the Year Ended December 31, 2022

Written by Customer Service on March 21, 2023. Posted in Public Companies.

YERINGTON, Nev., March 20, 2023 (GLOBE NEWSWIRE) — Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) today announced that it has filed its audited consolidated financial statements, management’s discussion and analysis (“MD&A”) and Annual Information Form (“AIF”) for the year ended December 31, 2022. These filings can be found on the Company’s website at www.nevadacopper.com and the Company’s SEDAR profile at www.sedar.com. Randy Buffington, President & CEO stated, “We continue to make excellent progress on the construction projects that are required ahead of stope mining and milling activities at Pumpkin Hollow. The vent shaft stripping and excavation for the ore handling system are well underway. Ongoing mining and development activities advancing towards higher grade...

EasTower Wireless Announces Debt Conversions

Written by Customer Service on March 21, 2023. Posted in Public Companies.

BOCA RATON, Fla., March 20, 2023 (GLOBE NEWSWIRE) — EasTower Wireless Inc. (“EasTower” or the “Company”) (TSXV:ESTW), announces that it intends to complete a series of debt conversions to decrease the Company’s debt.Two arm’s length service providers have agreed to accept an aggregate of 34,392,986 common shares of the Company at a deemed price of $0.005 per ‎share in satisfaction of an aggregate of US$125,211.11 of indebtedness.Four directors of the Company (Ted Boyle, Joel Liebman, Fred Buzzelli and Margaret Perialas) have agreed to accept an aggregate of 6,592,320 common shares of the Company at a deemed price of CAD$0.005 per share in satisfaction of accrued and unpaid monthly director sitting fees, representing an aggregate of US$24,000 of indebtedness.Vlado P. ‎Hreljanovic, an officer and director of the Company,...

Looking Glass Labs Agrees to Monetize GenZeroes Productions Inc. and GenX Smart Contract

Written by Customer Service on March 21, 2023. Posted in Mergers And Acquisitions.

Upon Closing, the Company Shall Receive a Secured Convertible Promissory Note and a 50% Royalty on All Net Proceeds From GenZeroes Productions Inc. VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) — Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (AQSE: NFTX) (OTC: LGSLF) (FRA: H1N), a leading Web3 platform specializing in immersive metaverse environments, play-to-earn tokenization and blockchain monetization strategies, announces that it has entered into a letter of intent (the “LOI”) to vend GenZeroes Productions Inc. (“GenZeroes”), the GenX smart contract (“GenX”) and all associated intellectual property (the “Related IP”) (collectively, the “Assets”) to GenZeroes Universe Inc. (the “Purchaser”) lead by: Aleks Paunovic, an actor and producer as well as a cast member of GenZeroes; Rick Dugdale, a director...

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

Written by Customer Service on March 20, 2023. Posted in Dividend Reports And Estimates.

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...

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

Written by Customer Service on March 20, 2023. Posted in Earnings Releases And Operating Results.

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,...

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

Written by Customer Service on March 20, 2023. Posted in Public Companies.

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”)....

Firm Capital Property Trust Reports Solid Q4/2022 Results

Written by Customer Service on March 20, 2023. Posted in Earnings Releases And Operating 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...

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

Written by Customer Service on March 20, 2023. Posted in Public Companies.

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...

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

Written by Customer Service on March 20, 2023. Posted in Earnings Releases And Operating Results.

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...

Month: March 2023

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