Month: March 2023

UFP Technologies Announces Record 2022 Results

Written by Customer Service on March 7, 2023. Posted in Earnings Releases And Operating Results.

NEWBURYPORT, Mass., March 07, 2023 (GLOBE NEWSWIRE) — UFP Technologies, Inc. (Nasdaq: UFPT), a designer and custom manufacturer of engineered solutions primarily for the medical market, today reported net income of $41.8 million or $5.45 per diluted common share outstanding for its year ended December 31, 2022, compared to net income of $15.9 million or $2.09 per diluted common share outstanding for 2021. Net Sales for 2022 were $353.8 million compared to 2021 sales of $206.3 million. For its fourth quarter ended December 31, 2022, the Company reported net income of $8.5 million or $1.10 per diluted common share outstanding, compared to $3.2 million or $0.42 per diluted common share outstanding in the same period of 2021. Sales for the fourth quarter 2022 were $91.2 million versus 2021 fourth quarter sales of $56.3 million. “I...

AFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2022

Written by Customer Service on March 7, 2023. Posted in Earnings Releases And Operating Results.

Fourth quarter GAAP net income of $2.9 million or $0.14 per basic weighted average common share and Distributable Earnings(1) of $12.6 million or $0.62 per basic weighted average common share Full year GAAP net income of $35.9 million or $1.80 per basic weighted average common share and Distributable Earnings of $49.9 million or $2.51 per basic weighted average common share Declared dividend of $0.56 per common share for first quarter 2023 WEST PALM BEACH, Fla., March 07, 2023 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced its results for the fourth quarter and year ended December 31, 2022. AFC Gamma reported generally accepted accounting principles (“GAAP”) net income of $2.9 million or $0.14 per basic weighted average common share and Distributable Earnings of $12.6 million or...

Vortex Energy Corp. Announces Letter Agreement for Acquisition of Blue Ocean Salt Corp.

Written by Customer Service on March 7, 2023. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) — Vortex Energy Corp. (CSE: VRTX) (“Vortex” or “Company“) is pleased to announce that it has entered into a binding letter agreement (“Letter Agreement”) to acquire all of the issued and outstanding common shares of Blue Ocean Salt Corp. (“BOSC”), which owns a 100% interest in and to the Robinsons River Salt Property (“Property”) located in the Bay St. George region of southwestern Newfoundland. The Property consists of four contiguous mineral licenses and is comprised of 687 claims. The transaction (“Transaction”) is expected to proceed by way of a series of share purchase transactions between the Company and each of the shareholders of BOSC (“BOSC Shareholders”). The consideration payable by the Company for each BOSC share is two-thirds-of-one (2/3)...

Nuvectis Pharma, Inc. Reports Fiscal Year 2022 Financial Results and Business Highlights

Written by Customer Service on March 7, 2023. Posted in Earnings Releases And Operating Results.

NXP800 Granted Fast Track Designation for the Treatment of Platinum-Resistant, ARID1A-Mutated Ovarian Carcinoma ENGOT and GOG Foundation to Lead the NXP800 Phase 1b Clinical Trial in Ovarian Cancer (Study Commencement Pending) NXP900 IND Submission and Phase 1 Study Commencement Expected in 1H 2023FORT LEE, N.J., March 07, 2023 (GLOBE NEWSWIRE) — Nuvectis Pharma, Inc. (NASDAQ: NVCT) (“Nuvectis” or the “Company”), a clinical-stage biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of unmet medical need in oncology, today reported its financial results for the fiscal year 2022 and provided an update on recent business progress. Ron Bentsur, Chairman and Chief Executive Officer of Nuvectis, commented: “2022 was a very busy...

YieldMax Announces Monthly Distributions on TSLY and OARK ETFs

Written by Customer Service on March 7, 2023. Posted in Dividend Reports And Estimates.

CHICAGO and MILWAUKEE and NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) — YieldMax today announced monthly distributions on the following YieldMax Option Income Strategy ETFs: Current Distribution InformationETFTicker1 ETF Name ReferenceAsset Distributionper Share CurrentYield2,3 Ex-Date RecordDate PaymentDateTSLY YieldMax TSLAOption IncomeStrategy ETF TSLA $0.9023 63.09% 3/8/2023 3/9/2023 3/16/2023OARK YieldMaxInnovationOption IncomeStrategy ETF ARKK $0.7691 54.32% 3/8/2023 3/9/2023 3/16/2023Distribution HistoryPaymentDate TSLY Distributionper Share OARK Distributionper Share3/16/2023 $0.9023 $0.76912/16/2023 $0.9029 $1.09011/12/2023 $0.9986 $0.7448¹ TSLY and OARK each have a gross expense ratio of 0.99%.² The Current Yield is the annual yield an investor would receive if the most recent distribution, which...

Cohen & Company Reports Fourth Quarter & Full Year 2022 Financial Results

Written by Customer Service on March 7, 2023. Posted in Dividend Reports And Estimates.

Board Declares Quarterly Dividend of $0.25 per Share PHILADELPHIA and NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) — Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its fourth quarter and full year ended December 31, 2022. Summary Operating Results Three Months Ended Twelve Months Ended($ in thousands) 12/31/22 9/30/22 12/31/21 12/31/22 12/31/21 Net trading $ 9,644 $ 7,966 $ 15,204 $ 40,009 $ 69,385 Asset management 1,761 3,456 5,136 9,004 10,923 New issue and advisory 4,235 13,235 17,209 24,721 28,736 Principal transactions and other revenue (3,190 ) (1,192 ) (10,507 ) (29,347 ) 37,324 Total...

GoLogiq and GammaRey Complete Fintech Merger, Creating a Powerful New Financial Ecosystem for the New Digital Economy

Written by Customer Service on March 7, 2023. Posted in Mergers And Acquisitions.

GammaRey brings to GoLogiq:$20 million in estimated annualized revenue run rate. Profitable business with strong cash flow. Nearly $800 million in customer financial assets. Full-stack fintech ecosystem designed for the New World Digital Economy, including a commodity-backed digital currency, digital wallet, and proprietary transaction platform for securities, goods and services. Pipeline of accretive and/or tech-enabling acquisition targets.NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) — GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has completed its previously announced merger with GammaRey, Inc., a privately-held fintech ecosystem for the New World Digital Economy. “The completion of this accretive merger represents the realization of our goal for GoLogiq to become a comprehensive...

Lelantos Holdings, Inc. Announces Its Completed Merger and Acquisition of Lelantos Energy, Inc. as a Wholly Owned Subsidiary

Written by Customer Service on March 7, 2023. Posted in Mergers And Acquisitions.

LAS VEGAS, March 07, 2023 (GLOBE NEWSWIRE) — InvestorWire — Lelantos Holdings, Inc. (OTC PINK: LNTO) (“Lelantos” or the “Company”), formerly ProConcept Marketing Group, Inc., is pleased to announce that it has finalized its merger, fully completing the process of establishing Lelantos Holdings as a public entity on the OTC Markets. The Company was already approved by FINRA for its name change, symbol change and reverse split and currently trades under the symbol LNTO. On Nov. 14, 2022, Lelantos Holdings Inc., a Florida entity, filed the required articles of merger, merging Lelantos Holdings Incorporated, a Nevada corporation, into the Company with a requested effective date of Nov. 22, 2022. Following a three-month delay due to a backlog of processing requests, the articles of merger have now been processed, and management...

Patriot Reports Fourth Quarter 2022 Net Income of $1.8 million, $0.45 per share; Full Year Net Income of $6.2 million, $1.56 per share

Written by Customer Service on March 7, 2023. Posted in Earnings Releases And Operating Results.

Pre-tax Income and Net Interest Margin buoyed by exceptional loan and deposit growth STAMFORD, Conn., March 07, 2023 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced net income of $1.8 million, or $0.45 basic and diluted earnings per share for the quarter ended December 31, 2022. These results compare to net income of $2.3 million, or $0.59 basic and diluted earnings per share for the third quarter of 2022 and net income of $1.9 million, or $0.48 basic and diluted earnings per share reported in the fourth quarter of 2021. Net income for the full year ended December 31, 2022 was $6.2 million, or $1.56 basic and $1.55 diluted earnings per share, compared to a net income of $5.1 million, or $1.29 basic and...

Interim Dividend Declarations

Written by Customer Service on March 7, 2023. Posted in Dividend Reports And Estimates.

Dividend Declaration Seneca Growth Capital VCT Plc 7 March 2023 Seneca Growth Capital VCT Plc Interim Dividend Declarations The Directors of Seneca Growth Capital VCT Plc (the “Company”) are pleased to declare the following dividends for both the B Share Class and the Ordinary Share Class for the year to 31 December 2023:1.5 pence per B Share interim dividend; and 2.0 pence per Ordinary Share interim capital dividend.The ex-dividend date for both dividends is 4 May 2023. The record date for both dividends is 5 May 2023. The payment date for both dividends is 19 May 2023. On 26 August 2022 the Company launched an offer for subscription for B Shares to raise, in aggregate, up to £10 million with an over-allotment facility of up to a further £10 million (before issue costs) (the “Offer”). Full details of the Offer are contained...

Month: March 2023

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