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Month: April 2023

Hooker Furnishings Reports Fiscal 2023 Results

MARTINSVILLE, Va., April 14, 2023 (GLOBE NEWSWIRE) — Hooker Furnishings Corporation (NASDAQ-GS: HOFT), a global leader in the design, production and marketing of home furnishings for nearly a century, today reported results for its fiscal-year 2023 fourth quarter and full year ended January 29, 2023. Fiscal 2023 and fiscal 2023 fourth quarter overview:Consolidated net sales for fiscal 2023 were $583.1 million, a decrease of $10.5 million, or 1.8%, compared to the prior year, driven by a $62.6 million or 22.4% net sales decline in the Home Meridian segment, while partially offset by a $49.9 million or 46.7% higher net sales in the Domestic Upholstery segment, marking the second consecutive year of double-digit sales gains at Bradington-Young, HF Custom (formerly Sam Moore Furniture) and Shenandoah. The addition of Sunset West...

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NKGen Biotech, Inc. to Become Publicly Traded Company via Business Combination with Graf Acquisition Corp. IV

NKGen Biotech, Inc. (“NKGen”), a clinical stage Natural Killer (NK) cell therapy company, has entered into a merger agreement with Graf Acquisition Corp. IV NKGen Biotech, Inc.’s non-genetically modified, enhanced and expanded NK cells have the potential to be a possible treatment for Alzheimer’s and Parkinson’s diseases and other neurodegenerative and oncological diseases NKGen is expected to have a pro forma enterprise value of at least $160 million, based on $145 million in pre-money equity value plus conversion to equity at closing of at least $15 million of outstanding private convertible securities and accrued interest Initial Phase I trial data expected to be presented at the American Society of Clinical Oncology Annual Meeting in June 2023 and the Alzheimer’s Association International Conference in July 2023 As a closing condition...

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Resolutions Adopted at the General Ordinary Shareholders’ Meeting and Extraordinary Shareholders’ Meeting for Grupo Aeroportuario del Pacifico on April 13, 2023

GUADALAJARA, Mexico, April 14, 2023 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces the following resolutions adopted at the Annual General Ordinary and Extraordinary Shareholders’ Meetings yesterday, with a quorum of 87.05% and 87.33%, respectively: ANNUAL GENERAL ORDINARY SHAREHOLDERS’ MEETING I. In compliance with Article 28, Section IV of the Mexican Securities Market Law, the following were APPROVED: a. The Chief Executive Officer’s report regarding the results of operations for the fiscal year ended December 31, 2022, in accordance with Article 44, Section XI of the Mexican Securities Market Law and Article 172 of the Mexican General Corporations Law, together with the external auditor’s report, with respect to the Company on an unconsolidated...

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Fairplay Ventures Inc. Announces Voting Results of Annual General and Special Meeting of Shareholders

TORONTO, April 14, 2023 (GLOBE NEWSWIRE) — Fairplay Ventures Inc. (TSXV: FPY.P) (“Fairplay” or the “Company”), is pleased to announce the voting results from the Company’s annual general and special meeting of shareholders held on April 14, 2023. Each of the three items of business were approved and passed by Company’s shareholders, namely:The re-election of three directors, being Mark Scarrow, Bruno Amadi, and Jason Gorel; The re-appointment of Clearhouse LLP as auditors for the Company; and The ratification and re-approval of the Company’s Stock Option Plan.All of the items of business were approved by unanimous vote, with 99.72% of the Company’s outstanding shares being represented at the meeting. Fairplay is pleased to see such robust shareholder support. About Fairplay Ventures Inc. Fairplay Ventures has not commenced...

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Scilex Holding Company Announces Final Postponement of Annual Meeting of Stockholders

PALO ALTO, Calif., April 14, 2023 (GLOBE NEWSWIRE) — Scilex Holding Company (Nasdaq: SCLX, “Scilex”), a subsidiary of Sorrento Therapeutics, Inc. (OTC Market: SRNEQ) (“Sorrento”), announced today that the Company’s 2023 Annual Meeting of Stockholders (the “Annual Meeting”) that was scheduled to be held at 9:00 a.m. (Pacific Time) on Monday, April 17, 2023, has been postponed to Thursday, May 4, 2023 at 9:00 a.m. (Pacific Time). Scilex is postponing the Annual Meeting due to the previously announced substantial underreporting of more than 44 million shares of its common stock by brokers, banks and other nominees (collectively, “brokerage firms”) to Broadridge Financial Solutions, Inc., an independent third party that collects and tabulates stockholder votes for the upcoming Annual Meeting, and to allow multiple brokerage firms additional...

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Teck Notification of Technical and Supplemental Updates to the Separation Transaction Terms

VANCOUVER, British Columbia, April 14, 2023 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced certain technical and supplemental updates to the terms of Teck’s proposed reorganization to separate into Teck Metals Corp. (“Teck Metals”) and Elk Valley Resources Ltd. (“EVR”) to be voted on by shareholders on April 26, 2023. As described in Teck’s management proxy circular dated March 23, 2023, the separation provides Teck Metals with continued access to steelmaking coal cash flows for a transition period, through ownership of preferred shares in the capital of EVR and a royalty. The changes to the terms of the separation proposal include permitting the majority holders of the EVR royalty to require EVR to purchase the royalty upon a breach by EVR of the capital expenditure or indebtedness...

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First Bancshares, Inc. Announces First Quarter Results for 2023

MOUNTAIN GROVE, Mo., April 14, 2023 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCQX: FBSI) (“Company”), the holding company for Stockmens Bank (“Bank”), today announced its financial results for the quarter ended March 31, 2023. For the quarter ended March 31, 2023, the Company reported net income of $1,787,000 or $0.73 per share-diluted, compared to $1,020,000, or $0.42 per share-diluted for the comparable period in 2022. Quarter to date changes from the quarter ended March 31, 2022, include a $1,087,000 increase in net interest income after provision for loan losses, along with a $57,000 increase in non-interest income, offset by a $122,000 increase in non-interest expense and a $255,000 increase in income tax expense. This resulted in a $767,000 increase in net income for the quarter ended March 31, 2023, compared to the same...

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Westport Files Replacement Preliminary Short Form Base Shelf Prospectus

VANCOUVER, British Columbia, April 14, 2023 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) announces it has filed a preliminary short form base shelf prospectus (once filed in final form and received by the relevant Canadian securities regulatory authorities, the “Shelf Prospectus”) with the securities commissions in each of the provinces and territories of Canada. The Company’s current base shelf prospectus and corresponding shelf registration statement expires on April 16, 2023. The Shelf Prospectus, when made final, will allow Westport to offer up to USD$200,000,000 of common shares, preferred shares, subscription receipts, warrants, options or any combination thereof during the 25-month period that the Shelf Prospectus will be effective. The Shelf Prospectus will enable Westport to access new capital...

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Golden Tag Shares to Resume Trading and Provides Update to Its Acquisition of the La Parrilla Silver Mine Complex

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES TORONTO, April 14, 2023 (GLOBE NEWSWIRE) — Golden Tag Resources Ltd. (“Golden Tag” or the “Company“) (TSX.V: GOG) is pleased to provide the following update regarding its proposed acquisition of the La Parrilla Silver Mine Complex (“La Parrilla”) in Durango, Mexico (the “Transaction”) from First Majestic Silver Corp (“First Majestic”) pursuant to an asset purchase agreement entered into between First Majestic, First Majestic Plata, S.A. DE C.V., and Golden Tag, dated December 7, 2022 (the “Asset Purchase Agreement”) and as previously announced in the Company’s news release dated December 7, 2022. Upon dissemination of this news release, the Company anticipates trading will resume in the Golden Tag Shares (as defined herein)...

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Peyto Exploration & Development Corp. Confirms Monthly Dividend for May 15, 2023

CALGARY, Alberta, April 14, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to April 2023 of $0.11 per common share is to be paid on May 15, 2023, for shareholders of record on April 30, 2023. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact: Jean-Paul LachancePresident and Chief...

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