Month: March 2023

The net asset value (NAV) of the Baltic Horizon Fund (the Fund) unit at the end of February 2023 amounted to EUR 1.1145 per unit. Compared to the previous month, NAV per unit decreased by 0.28%. The total net asset value of the Fund amounted to EUR 133.3 million over the month. The NAV change was mainly impacted by the recognition of the sale result of Domus Pro transaction. The decrease in NAV was partially offset by the positive movement in the cash flow hedge reserve. The EPRA NRV as of 28 February 2023 was EUR 1.1819 per unit, corresponding to a decrease of 0.73% over the last month. Unaudited consolidated net rental income for February 2023 amounted to EUR 1.4 million (EUR 1.4 million in January 2023). The net rental income has increased by 2.8% compared to January 2023. The Fund recognized an unaudited consolidated net loss of EUR...

The net asset value (NAV) of the Baltic Horizon Fund (the Fund) unit at the end of February 2023 amounted to EUR 1.1145 per unit. Compared to the previous month, NAV per unit decreased by 0.28%. The total net asset value of the Fund amounted to EUR 133.3 million over the month. The NAV change was mainly impacted by the recognition of the sale result of Domus Pro transaction. The decrease in NAV was partially offset by the positive movement in the cash flow hedge reserve. The EPRA NRV as of 28 February 2023 was EUR 1.1819 per unit, corresponding to a decrease of 0.73% over the last month. Unaudited consolidated net rental income for February 2023 amounted to EUR 1.4 million (EUR 1.4 million in January 2023). The net rental income has increased by 2.8% compared to January 2023. The Fund recognized an unaudited consolidated net loss of EUR...

SALINAS, Calif., March 15, 2023 (GLOBE NEWSWIRE) — Lowell Farms Inc. (“Lowell Farms” or the “Company”) (CSE:LOWL; OTCQX:LOWLF), a leading, vertically integrated, California-based cannabis company, announces that it has entered into a binding letter of intent (“LOI”) with the Company’s existing noteholders. The Company has agreed to sell its “Lowell Smokes” and “35s” brands and associated intellectual property to Lowell Brands LLC, a newly formed Delaware limited liability company (“BrandCo”) and to assign the related license agreements and material contracts. In return, the noteholders have agreed to forgive all indebtedness owing under the Debentures (as defined herein) (the “Transaction”). BackgroundAs disclosed on January 12, 2023, the Company formed a special committee of independent directors (the “Special Committee”), composed...

With reference to company announcement 2/2023, stating the Danish Business Authority’s final decision on NNIT’s accounting treatment of an earn out payment related to the acquisition of Excellis Health Solutions, NNIT hereby publishes supplemental/corrective information to the annual report for 2021, including comparative numbers for 2020. The technical changes to historical accounting policies have no impact on total cash flow or the planned divestment of NNIT’s Infrastructure Operations Business. As previously stated, NNIT A/S disagrees with the decision and considers it to be of principled nature for strategic acquisitions in the Danish IT service industry. NNIT has strong arguments as to why this is an erroneous decision, and an appeal of the decision has been lodged to the Danish Commerce and Companies Appeals Board. The average processing...

NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced that its Board of Directors (the “Board”) authorized the upsize of its previously announced common stock repurchase program such that common stock having an aggregate value of $200 million remains available for repurchase after giving effect to the upsize. As of March 14, 2023, the Company had repurchased approximately $46 million of the $200 million of common stock originally authorized for repurchase under the common stock repurchase program. The upsize announced today brings the total size of the common stock repurchase program to $246 million. All other terms of the Company’s common stock repurchase program remain unchanged. In addition, the Board authorized a preferred stock repurchase program...