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Month: May 2023

Saia LTL Freight Expands Service

The facility will provide faster service to shippers in East Central Indiana JOHNS CREEK, Ga., May 22, 2023 (GLOBE NEWSWIRE) — Saia Inc. (NASDAQ: SAIA) announced today the opening of its new Saia LTL Freight terminal in Muncie, Indiana. The facility is another investment in our service for customers in central Indiana and further enhances our statewide coverage. “Our new Muncie terminal will add capacity to our network, allowing us to provide enhanced service because of closer customer proximity,” stated Vice President of Operations, East Jared Mull. “By reducing stem time, or the time between when our drivers leave the terminal until they make their first pickup or delivery, we will be able to provide faster service, especially to those shippers located east of Indianapolis.” Muncie is a hub for regional commerce and home to Ball...

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Navigator Holdings Ltd. Preliminary First Quarter 2023 Results (Unaudited)

NEW YORK and LONDON, May 22, 2023 (GLOBE NEWSWIRE) —   HighlightsNavigator Holdings Ltd. (the “Company”, “we”, “our” and “us”) (NYSE: NVGS) reported operating revenue of $136.0 million for the three months ended March 31, 2023, compared to $119.8 million for the three months ended March 31, 2022. Net income was $18.8 million for the three months ended March 31, 2023, compared to $27.0 million for the three months ended March 31, 2022. Earnings per share was $0.25 for the three months ended March 31, 2023, compared to $0.35 for the three months ended March 31, 2022. Adjusted Earnings per share, to exclude unrealized gains or losses on non-designated derivative instruments was $0.31 for the three months ended March 31, 2023, compared to $0.15 for the three months ended March 31, 2022. Adjusted...

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ZW Data Action Technologies Reports First Quarter 2023 Unaudited Financial Results

BEIJING, May 22, 2023 (GLOBE NEWSWIRE) — ZW Data Action Technologies Inc. (Nasdaq: CNET) (the “Company”), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its unaudited financial results for the three months ended March 31, 2023. First Quarter 2023 Financial Results Revenues For the first quarter of 2023, revenues decreased by approximately $1.34 million, or 17.5%, to $6.32 million from $7.65 million for the same period last year. The decrease in revenues was primarily attributable to the decrease in revenues from our Internet advertising and related data services business category, as a result of the peak infection of COVID-19 in China during the first fiscal quarter of 2023, which affected business of most of our...

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Inter&Co Wins Two IFLR Americas 2023 Awards Recognizing Legal Innovation

BELO HORIZONTE, Brazil, May 22, 2023 (GLOBE NEWSWIRE) — Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, has been recognized as a winner of the IFLR Americas 2023 award for two categories: the “In-house: Market Makers” category honoring General Counsel and Chief Governance and Compliance Officer Ana Luiza Vieira Franco Forattini, and the “Deal of the year: Equity” category for Inter & Co’s Nasdaq listing in the US – a first for Brazil and an achievement in cross-border restructuring. The winners were honored on Thursday, May 18th at a ceremony at the Metropolitan Club in New York. The IFLR Americas 2023 awards are judged independently by IFLR’s editorial team and focus exclusively on legal innovation...

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 Signal Hill Acquisition Corp. Announces Liquidation

WILMINGTON, Del., May 22, 2023 (GLOBE NEWSWIRE) — Signal Hill Acquisition Corp. (NASDAQ: SGHL) (the “Company”) announced today that, due to its anticipated inability to consummate an initial business combination within the time period required by its Second Amended and Restated Certificate of Incorporation, the Company intends to dissolve and liquidate in accordance with the provisions of its Second Amended and Restated Certificate of Incorporation and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”), at a per-share redemption price of approximately $10.43. “Current market conditions have convinced us that the best way to deliver on our promise to stockholders is to return the capital held in trust. We worked tirelessly...

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Gouverneur Bancorp, Inc. Announces Adoption of Plan of Conversion and Reorganization

GOUVERNEUR, N.Y., May 22, 2023 (GLOBE NEWSWIRE) — Gouverneur Bancorp, Inc. (the “Company”) (OTC Pink: GOVB), a majority owned subsidiary of Cambray Mutual Holding Company (the “MHC”) and the parent company for Gouverneur Savings and Loan Association (the “Bank”), announced today that its Board of Directors, together with the Board of Directors of the MHC and the Bank, have unanimously adopted a Plan of Conversion and Reorganization (the “Plan of Conversion”). Pursuant to the Plan of Conversion, the MHC will sell its majority ownership in the Company to the public and the Bank, which is currently in the mutual holding company structure, will reorganize to a fully public stock holding company in a transaction commonly referred to as a “second step” conversion. As part of the second step conversion, the Bank will become a wholly owned...

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Equus Subsidiary, Morgan E&P, Acquires 4,747 Net Acres in the Bakken

Enters Into a Purchase and Sale Agreement With Pro Energy I HOUSTON, May 22, 2023 (GLOBE NEWSWIRE) — Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) today announced the closing of a Purchase and Sale Agreement (“PSA”) between Morgan E&P, LLC, (“Morgan”), a wholly-owned subsidiary of Equus, and Pro Energy I, LLC (“Pro Energy”). Pursuant to the PSA, Morgan has acquired 4,747.52 net acres, in the Bakken/Three Forks formation in the Williston Basin of North Dakota. In addition to other terms and conditions, including a payment of $500,000, Morgan is required to drill and complete a minimum of six wells within 18 months of receiving the first drilling permits. The average cost of drilling a new horizontal well is approximately $8.0 million. Morgan will receive an average net revenue interest (“NRI”) of 80% in the...

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Disclosure of Voting Rights in IDEX Biometrics Chair Morten Opstad – 22 May 2023

At the close of business on 22 May 2023, Morten Opstad, Chair of the Board of IDEX Biometrics ASA, held the following voting rights in IDEX, for the purpose of the Annual General Meeting on 23 May 2023: Total 371,395,959 shares or 31,77% of the share capital and votes, consisting of the following:Proxy to represent and vote for 168,078,154 shares or 14,38% of the share capital, including shares held by Mr Opstad and close relations Proxy with voting instructions for 203,317,805 shares or 17,39% of the share capital.For further information contact: Marianne Bøe, Head of Investor Relations E-mail: marianne.boe@idexbiometrics.com Tel: + 47 918 00186 About IDEX Biometrics IDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control,...

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Lifecore Biomedical Enters into $150.0 Million in New Financing, Repays its Outstanding Term Loans and Signs New Supply Agreement to Expand HA Fermentation Capacity with Existing Long-Term Customer

New $150 million credit arrangements include six-year credit agreement and equipment sale and leaseback to replace existing term loan CHASKA, Minn., May 22, 2023 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (“Lifecore” or the “Company” Nasdaq: LFCR), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it has entered into a broad set of agreements with its long-term customer, Alcon (SIX/NYSE: ALC), which provides for the repayment of the Company’s existing credit agreement with its current lenders and substantially increases the amount of hyaluronic acid (“HA”) that Lifecore is expected to supply for use in Alcon’s commercial products. “These agreements validate the value Lifecore delivers, both to our customers and to the patients who benefit from treatments that Lifecore helps...

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Lifecore Biomedical Sets Third Quarter 2023 Earnings Conference Call for June 1, 2023 at 7:30 a.m. CT

CHASKA, Minn., May 22, 2023 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (“Lifecore” or the “Company”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it will host a conference call to discuss fiscal 2023 third quarter financial results. The live webcast can be accessed via Lifecore’s website on the Investor Events & Presentations page. The webcast will be available for 30 days. Date: Thursday, June 1, 2023 Time: 7:30 a.m. Central time (8:30 a.m. Eastern time) Direct Webcast link: https://viavid.webcasts.com/starthere.jsp?ei=1612746&tp_key=4b15043655 To participate in the conference call via telephone, dial toll-free: 1-844-826-3033 (U.S.) or 1-412-317-5185 (International). Please call the conference telephone number 5-10 minutes prior to the start time so the operator...

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