Month: May 2023

Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share

Written by Customer Service on May 18, 2023. Posted in Dividend Reports And Estimates.

RYE, N.Y., May 18, 2023 (GLOBE NEWSWIRE) — The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of July, August, and September 2023.Distribution Month Record Date Payable Date Distribution Per ShareJuly July 17, 2023 July 24, 2023 $0.05August August 17, 2023 August 24, 2023 $0.05September September 15, 2023 September 22, 2023 $0.05Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment....

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

Written by Customer Service on May 18, 2023. Posted in Dividend Reports And Estimates.

RYE, N.Y., May 18, 2023 (GLOBE NEWSWIRE) — The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American:ECF) (the “Fund”) declared a $0.13 per share cash distribution payable on June 23, 2023 to common shareholders of record on June 15, 2023. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund’s trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies. Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment....

Bancroft Fund Ltd. Declares Distribution Of $0.32 Per Share

Written by Customer Service on May 18, 2023. Posted in Dividend Reports And Estimates.

RYE, N.Y., May 18, 2023 (GLOBE NEWSWIRE) — The Board of Trustees of Bancroft Fund Ltd. (NYSE American:BCV) (the “Fund”) declared a $0.32 per share cash distribution payable on June 23, 2023 to common shareholders of record on June 15, 2023. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund’s trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies. Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment. If necessary,...

Polish Operator Hawe Telekom Achieves Single-module 1.6 Tb/s with Infinera’s ICE6

Written by Customer Service on May 18, 2023. Posted in Public Companies.

SAN JOSE, Calif., May 18, 2023 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) announced today the successful completion of a live network trial with Hawe Telekom leveraging Infinera’s ICE6 800G coherent solution. The trial, conducted on Hawe Telekom’s Warsaw-Poznan-Frankfurt route, validates Hawe Telekom’s readiness to provide high-bandwidth wholesale services to operators in Poland and interconnections to neighboring countries. In the trial, Infinera’s ICE6 technology delivered high-performance 600G, 700G, and 800G transmissions on Hawe Telekom’s national and international routes over the existing optical line system. “ICE6 operating in our international system has achieved full 800G single-wavelength throughput. Each ICE6 module has two line interfaces, which enabled us to achieve a total transmission of 1.6T on a single interface...

GigaCloud to Participate and Present at Upcoming LD Micro Invitational XIII Conference

Written by Customer Service on May 18, 2023. Posted in Public Companies.

HONG KONG, May 18, 2023 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B e-commerce solutions for large parcel merchandise, announced today that the Company’s key executives will participate and present in both group presentation and private one-on-one meetings with analysts and investors at the LD Micro Invitational XIII Conference between June 6 to June 8, 2023 at The Luxe Sunset Boulevard Hotel in Los Angeles, California. The Company’s presentation will begin at 11:30 a.m. PST on June 6, 2023 and can be accessed via a webcast streamed live at https://ldinv13.sequireevents.com/. GigaCloud will also host one-on-one meetings with investors on Tuesday, June 6 and Wednesday, June 7, 2023. Register to watch the presentation, please visit: https://ldinv13.sequireevents.com/. About...

VYNE Therapeutics to Attend BIO International Convention

Written by Customer Service on May 18, 2023. Posted in Public Companies.

BRIDGEWATER, N.J., May 18, 2023 (GLOBE NEWSWIRE) — VYNE Therapeutics Inc. (Nasdaq: VYNE) (“VYNE” or the “Company”), a clinical-stage biopharmaceutical company focused on developing proprietary, innovative and differentiated therapies for the treatment of immuno-inflammatory conditions, today announced that members of management will attend the Biotechnology Innovation Organization (BIO) International Convention, taking place June 5-8, 2023 at the Boston Convention & Exhibition Center in Boston, Massachusetts. The Company will be attending the conference and participating in partnering meetings and 1-on-1 meetings with investors. VYNE management will be available to review its pipeline of unique and proprietary bromodomain & extra-terminal (BET) domain inhibitors. About VYNE Therapeutics Inc. VYNE’s mission is to improve...

Sono-Tek Announces Year End FY 2023 Earnings Conference Call

Written by Customer Service on May 18, 2023. Posted in Earnings Releases And Operating Results.

Conference Call on Thursday, May 25, 2023 at 10:00am ET MILTON, NY, May 18, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that the Company will hold a conference call to discuss its year end fiscal year 2023 financial results, ended February 28, 2023, on Thursday, May 25, 2023 at 10:00 am ET. The year end FY 2023 financial results press release will be issued before the market opens on May 25, 2023. Conference Call Date/Time Thursday, May 25, 2023 at 10:00am ET Conference Call Dial-in Information To participate, please call 1 (844) 481-2752 at least 10 minutes prior to the start of the call and ask to join the Sono-Tek call. Webcast Information A simultaneous webcast of the call may be accessed through the...

Form 8.3 – [EMIS Group plc – 17 05 2023] – (CGWL)

Written by Customer Service on May 18, 2023. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree EMIS GROUP PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date position held/dealing...

Hudbay and Copper Mountain Announce Filing of Joint Management Information Circular in Connection with Proposed Combination and Support from Largest Shareholders

Written by Customer Service on May 18, 2023. Posted in Mergers And Acquisitions.

TORONTO, May 18, 2023 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) and Copper Mountain Mining Corporation (“Copper Mountain”) (TSX: CMMC) (ASX: C6C) are pleased to announce today that they have filed a joint management information circular dated May 15, 2023 and related meeting materials (the “Meeting Materials”) in connection with their respective special meetings of shareholders (the “Meetings”) scheduled to be held on June 13, 2023. The purpose of the Meetings is to seek approval for certain matters in connection with their previously announced transaction whereby Hudbay will acquire all of the issued and outstanding common shares of Copper Mountain, pursuant to a court approved plan of arrangement under the Business Corporations Act (British Columbia) (the “Transaction”). The Transaction The Transaction...

Solar Alliance signs Letter of Intent to acquire Canadian solar company in transformative transaction

Written by Customer Service on May 18, 2023. Posted in Mergers And Acquisitions.

Accretive acquisition positions Solar Alliance for profitability and accelerates growth strategy TORONTO and KNOXVILLE, Tenn., May 18, 2023 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to announce that it has entered into an arm’s length Letter of Intent dated May 16, 2023 (“LOI”) to acquire a growing, profitable Canadian solar company (the “Target”) in a predominantly share-based transaction (the “Transaction”). The Target is a growing commercial and utility solar company based in Alberta with year-to-date unaudited 2023 fiscal year (July 31, 2023, year-end) revenue of $5,801,023. The Target has a backlog of contracted projects totaling more than $5.6 million and expects...

Month: May 2023

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