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Month: March 2023

Vitalhub Corp. Reports Fourth Quarter and Full Year 2022 Results

TORONTO, March 23, 2023 (GLOBE NEWSWIRE) — Vitalhub Corp. (the “Company” or “Vitalhub”) (TSX:VHI) (OTCQX:VHIBF) announced today it has filed its Consolidated Financial Statements and Management’s Discussion and Analysis report for the year ended December 31, 2022, with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. “Our record fourth-quarter revenue capped off fiscal 2022 with strong positive momentum across all of our key performance indicators,” said Dan Matlow, Chief Executive Officer of Vitalhub. “The positive organic and accretive inorganic growth contributed to record Q4 and fiscal 2022 revenue, adjusted EBITDA(2), and annual recurring revenue (“ARR”)(1, 2). We have achieved these milestones despite the continued foreign currency headwinds associated with the...

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Maui Land & Pineapple Company, Inc. Reports Fiscal 2022 Results

KAPALUA RESORT, Hawaii, March 23, 2023 (GLOBE NEWSWIRE) — Maui Land & Pineapple Company, Inc. (NYSE: MLP) today announced financial results for the year ended December 31, 2022. Results for Year Ended December 31, 2022 The Company’s net income was $1.8M or $0.09 per share, compared to a net loss of $(3.4) million, or $(0.18) per share, for the years ended December 31, 2022 and 2021, respectively. Operating revenues increased to $21.0 million, compared to $12.4 million for the years ended December 31, 2022 and 2021, respectively. Total comprehensive income increased to $9.2 million, or $0.47 per share, compared to comprehensive income of $2.6 million, or $0.13 per share, for the years ended December 31, 2022 and 2021, respectively. The Company recorded pension adjustments of $7.4 million, or $0.38 per share, and $6.0 million,...

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Purpose Investments Inc. Announces an Increase to March Distribution for Purpose US Cash Fund

TORONTO, March 23, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today a revision to the March 2023 distribution for Purpose US Cash Fund (ETF ticker: PSU.U). The press release on March 20, 2023, reported a distribution of US $0.4065 per unit. However, in lockstep with the Federal Reserve’s decision to increase the interest rate by a quarter-point on March 22, 2023, the yield on the fund increased as well, resulting in a higher distribution amount of US $0.4120 per unit. The ex-distribution date, record date, and payable dates for the distribution remain unchanged. The following table reflects the revised distribution per unit:Open-End Fund Ticker Symbol Distribution per unit Record Date Payable Date Distribution FrequencyPurpose US Cash Fund PSU.U US $0.4120 03/30/2023 04/10/2023 MonthlyAbout Purpose Investments...

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Oak Woods Acquisition Corporation Announces Pricing of $50,000,000 Initial Public Offering

ONTARIO, CANADA, March 23, 2023 (GLOBE NEWSWIRE) — Oak Woods Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit. The units will be listed on Nasdaq and will begin trading tomorrow, March 24, 2023, under the ticker symbol “OAKUU”. Each unit consists of one Class A ordinary share, one redeemable warrant and one right to receive one-sixth (1/6) of a Class A ordinary share upon the consummation of an initial business combination. Each redeemable warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares, rights and warrants will be traded on Nasdaq under the symbols “OAKUO,” “OAKUR” and...

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Badger Infrastructure Solutions Ltd. Announces 2022 Fourth Quarter Results and Increases Quarterly Dividend

CALGARY, Alberta, March 23, 2023 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported fourth quarter and annual 2022 results today. All results are presented in U.S. dollars unless otherwise stated. Prior year comparatives have been normalized for the Canada Emergency Wage Subsidy (“CEWS”) benefits received in 2021 which did not recur in 2022.2022 Fourth Quarter and Annual Financial and Operational HighlightsRevenue in the quarter was $149.0 million and $570.8 million for the year, up 22.6% and 25.8%, respectively, from 2021. Gross profit margin in the quarter improved to 25.3% and to 24.4% for the year, up from 19.1% and 20.4%, respectively, from 2021. Adjusted EBITDA in the quarter improved to $28.1 million and to $100.0 million for the year,...

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Celyad Oncology reports full year 2022 financial results and recent business highlights

Starting in 2023, Celyad Oncology is now entirely focused on its new business strategy with one clear objective: help to overcome the current limitations of CAR-T approaches. It plans to do this via (i) strengthening of its research focus centered around NKG2D, B7-H6 and shRNA platforms; (ii) maximizing the value of its IP estate and (iii) driving innovation through strategic collaborations. MONT-SAINT-GUIBERT, Belgium, March 23, 2023 (GLOBE NEWSWIRE) — Celyad Oncology (Euronext & Nasdaq: CYAD) (the “Company”), a biotechnology company focused on innovative technologies for chimeric antigen receptor (CAR) T-cell therapies, today announces its financial results for the fiscal year 2022 ended December 31, 2022 and provides a business update. Michel Lussier, Interim Chief Executive Officer of Celyad Oncology, said: “2022 was...

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Tritium Announces Effectiveness of Three Registration Statements on Form F-3

BRISBANE, Australia, March 23, 2023 (GLOBE NEWSWIRE) — Tritium DCFC Limited (the “Company”) (Nasdaq: DCFC), a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced that three registration statements on Form F-3, each filed by the Company on March 10, 2023, were declared effective on the dates detailed below. The Company became eligible to use Form F-3 for the first time in February 2023. The Company has provided the following summaries of the newly effective registration statements:Universal shelf registration statement on Form F-3 (File No. 333-270438) (the “Universal F-3”). The Universal F-3 relates to the offer and sale by the Company of up to $500,000,000 in the aggregate of its ordinary shares, no par value (“Ordinary Shares”), preference shares, warrants to subscribe for Ordinary...

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Bioasis Provides Update on Business Operations

NEW HAVEN, Conn., March 23, 2023 (GLOBE NEWSWIRE) — BIOASIS TECHNOLOGIES INC. (OTCQB:BIOAF; TSX.V:BTI) (the “Company” or “Bioasis”), a multi-asset rare and orphan disease biopharmaceutical company developing clinical stage programs based on epidermal growth factor and a differentiated, proprietary xB3 ™ platform for delivering therapeutics across the blood-brain barrier (“BBB”) and the treatment of central nervous system (“CNS”) disorders in areas of high unmet medical need provides this update on its business operations. On February 28, 2023, Lind Global Macro Fund, LP (“Lind”) agreed to allow the Company to defer the C$100,000 February payment owing to Lind under the terms of the convertible security funding agreement between the Company and Lind (the “CSFB”). The Company continues to reduce its research activities and...

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AIP Realty Trust Announces March Distribution and Provides Business Update

VANCOUVER, British Columbia, March 23, 2023 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP”) (TSXV:AIP.U) today announced that its Board of Trustees (the “Board”) has declared a quarterly cash distribution in the amount of $0.02 per unit. The declared amount represents a 50% decrease from the distributions of $0.04 per unit paid by the Trust for each of the past three quarters. The distribution will be payable on April 17, 2023 (the “Distribution Date”), to unitholders of record on March 31, 2023. All dollar amounts are stated in U.S. dollars. After careful consideration of the Trust’s financial resources, and while the presently owned Eagle Court facility in Lewisville, TX remains fully leased and occupied and is performing in accordance with pro forma expectations, the Board made the decision to revise its distribution...

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Timbercreek Financial Declares March 2023 Dividend

TORONTO, March 23, 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 April 14, 2023 to holders of Common Shares of record on March 31, 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 (the...

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