Day: April 3, 2023

Chembio’s CEO Letter to Stockholders

Written by Customer Service on April 3, 2023. Posted in Mergers And Acquisitions.

Reminder to Tender Shares Before 6:00 P.M., New York City Time, on April 12, 2023 MEDFORD, N.Y., April 03, 2023 (GLOBE NEWSWIRE) — Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, today released the following letter to stockholders concerning the pending tender offer by Biosynex SA. April 3, 2023 Fellow Chembio Stockholders, As previously communicated, Chembio Diagnostics, Inc. (“Chembio” or the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 31, 2023, with Biosynex SA (“Biosynex”), and Project Merci Merger Sub, Inc., a Nevada corporation and wholly-owned indirect subsidiary of Biosynex (the “Purchaser”). Pursuant to the Merger Agreement, the Purchaser commenced a tender offer (the “Offer”) to purchase all...

Sotherly Hotels Inc. Reports Preliminary Operating Results for the First Quarter Ended March 31, 2023

Written by Customer Service on April 3, 2023. Posted in Earnings Releases And Operating Results.

WILLIAMSBURG, Va., April 03, 2023 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported preliminary operating results for the Company’s ten wholly-owned properties, (“same-store” portfolio metrics). Accordingly, the actual data does not include the participating condominium hotel rooms of the Hyde Resort & Residences and the Hyde Beach House, the Sheraton Louisville Riverside, or the DoubleTree by Hilton Raleigh Brownstone. Preliminary same-store portfolio metrics for the first quarter 2023 were as follows: January Results March Results Jan-23 % Variance to 2022 Mar-23 % Variance to 2022Occupancy 48.7% 22.9% Occupancy 69.4% -0.7% ADR $175.11 13.6% ADR $197.76 6.1% RevPAR $84.48 40.0% RevPAR $135.93 5.0% February...

Compass Diversified Declares First Quarter 2023 Distributions on Common and Series A, B and C Preferred Shares

Written by Customer Service on April 3, 2023. Posted in Dividend Reports And Estimates.

WESTPORT, Conn., April 03, 2023 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended March 31, 2023 is payable on April 27, 2023 to all holders of record of Common Shares as of April 20, 2023. The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, January 30, 2023, up to, but excluding, April 30, 2023. The distribution for such period is payable on April...

Financial Institutions, Inc. Schedules First Quarter 2023 Earnings Release and Conference Call

Written by Customer Service on April 3, 2023. Posted in Earnings Releases And Operating Results.

WARSAW, N.Y., April 03, 2023 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC, Courier Capital, LLC and HNP Capital, LLC, will release results for the first quarter ended March 31, 2023 after the market closes on April 26, 2023. Management will host an earnings conference call and audio webcast on April 27, 2023 at 8:30 a.m. Eastern Time. The call will be hosted by Martin K. Birmingham, President and Chief Executive Officer, and W. Jack Plants II, Chief Financial Officer and Treasurer. The live webcast will be available in listen-only mode on the Company’s website at www.FISI-Investors.com. Within the United States, listeners may also access the call by dialing 1-833-470-1428 and providing the access code 059184. The webcast replay will...

Exela Technologies, Inc. Reports Full Year and Fourth Quarter 2022 Results

Written by Customer Service on April 3, 2023. Posted in Earnings Releases And Operating Results.

Full Year Highlights2022 revenue of $1,077.2 million, down 7.7% year-over-year (5.7% on a constant currency basis) Net loss of $415.6 million, includes non-cash goodwill impairment charges of $171.2 million Implemented actions expected to achieve savings in the range of $65-$75 million beginning in Q4 2022 and into 2023 Total debt(1) reduced by $141.1 millionFourth Quarter HighlightsRevenue of $267.0 million, down 9.3% year-over-year (7.3% on a constant currency basis) Net loss of $194.1 million, includes non-cash goodwill impairment charges of $141.6 millionConference call scheduled for April 3, 2023 at 4:30 PM ET IRVING, Texas, April 03, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced today its financial results...

Cumulus Media Personalities Win Four 2023 Gracie Awards for Outstanding Programming

Written by Customer Service on April 3, 2023. Posted in Public Companies.

ATLANTA, April 03, 2023 (GLOBE NEWSWIRE) — Cumulus Media (NASDAQ: CMLS) announces that the Alliance for Women in Media Foundation will honor four Cumulus Media personalities with 2023 Gracie Awards. The Gracies Awards are presented annually and recognize exemplary programming created by, for, and about women in all facets of media and entertainment. Honorees are selected in national, local, and student categories, including both commercial and non-commercial outlets in entertainment and news. Beasy Baybie, On-Air Host, “Beasy Baybie Show” on Kiss 103.1 FM in Columbia, SC, has won a 2023 Gracie Award for Host Non-Morning Drive (Talk/Personality) Small/Medium Market (Radio – Local). Roula Christie, On-Air Host, “The Roula and Ryan Show” on 104.1 KRBE in Houston, TX, has won a 2023 Gracie Award for Host Morning Drive – Major...

InterCure Reschedules 2022 Full Year Results Conference Call

Written by Customer Service on April 3, 2023. Posted in Public Companies.

NEW YORK, TORONTO, and HERZLIYA, Israel, April 03, 2023 (GLOBE NEWSWIRE) — InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (dba Canndoc)(“InterCure” or the “Company”) announced today that it has rescheduled its previously announced conference call to discuss the company’s financial results for the full year ended December 31, 2022. The call was originally scheduled for April 3 at 4:30 P.M. (Eastren time) but has been rescheduled to April 4, at 4:30 P.M. (Eastren time) due to unforeseen circumstances which caused technical issues. Participants can access the live webcast and conference call through the following link:https://register.vevent.com/register/BIdec7603751894ebcbf0f22eca91cdb4a About InterCure (dba Canndoc) InterCure (dba Canndoc) (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) is the leading, profitable,...

Routeware Global, Inc. Acquires Recyclist to Expand their Compliance and Sustainability Offerings

Written by Customer Service on April 3, 2023. Posted in Mergers And Acquisitions.

PORTLAND, Ore., April 03, 2023 (GLOBE NEWSWIRE) — Routeware Global, Inc., a leading provider of integrated technology solutions for the waste and recycling industry has announced it will acquire Recyclist, a visionary software provider of waste and recycling compliance and sustainability programs. “Joining forces with Routeware means we can take our mission to the next level and have an even greater impact in promoting sustainability and reducing waste. We are excited to expand our reach and provide innovative solutions to more customers,” said Emily Coven, Founder and CEO of Recyclist. “The acquisition of Recyclist is an important milestone for Routeware’s growth strategy, as it marks our commitment to expanding our capabilities in the waste and recycling industry,” said Paul Rafalowski, Chief Revenue Officer...

Psyence Group Announces Closing of Fourth Tranche of Private Placement and Conversion of Convertible Debt Note

Written by Customer Service on April 3, 2023. Posted in Public Companies.

TORONTO, April 03, 2023 (GLOBE NEWSWIRE) — Psyence Group inc. (CSE:PSYG | OTCQB:PSYGF) (“Psyence” or the “Company”), a life science biotechnology company pioneering the use of natural psychedelics in mental health and well-being, is pleased to announce that it has issued 9,043,038 common shares at a price of CAD$0.12 per common share for gross proceeds of CAD$1,085,164. This brings the total amount the Company has raised pursuant to the previously announced private placement to CAD $3.04 million (“Aggregate Proceeds”). The Company has received additional interest from prospective investors and has upsized the private placement accordingly. Net proceeds from the non-brokered private placement will be used to advance the Company’s recently announced Phase IIb clinical trial in Australia using...

Nokia Corporation: Repurchase of own shares on 03.04.2023

Written by Customer Service on April 3, 2023. Posted in Public Companies.

Nokia CorporationStock Exchange Release3 April 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 03.04.2023 Espoo, Finland – On 3 April 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 235,755 4.53CEUX 16,434 4.52AQEU 2,345 4.53TQEX 6,366 4.49Total 260,900 4.52* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

Day: April 3, 2023

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