Month: May 2023

Genius Brands Announces 885% Increase in Revenue for Q1 2023

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

Kartoon Channel!’s “SHAQ’S GARAGE” Set to Premier June 5 Exclusively on Pluto TV Company’s Kartoon Channel! and Ameba Services Report Significant SVOD Streaming Growth Strategic Initiative to Streamline Operations Resulting in a Material Reduction in Annualized Expenses Reports $114.3 Million in Current Assets, Working Capital of $23.5 Million and Total Stockholders’ Equity of $91.3 Million BEVERLY HILLS, Calif., May 22, 2023 (GLOBE NEWSWIRE) — Genius Brands International, Inc. (“Genius Brands”) (NASDAQ: GNUS), a global brand management company that creates and licenses multimedia entertainment content for children, today provided a business update for the three months ended March 31, 2023 (“Q1 2023”). Q1 2023 revenue increased 885% to $14.2 million, compared to $1.4 million for the same period last year. The Company also announced...

Ozop Energy Solutions, Inc. Partners with Digitus to Offer Embedded Ozop Plus at the Vehicle Point of Sale

Written by Customer Service on May 22, 2023. Posted in Public Companies.

Warwick, NY, May 22, 2023 (GLOBE NEWSWIRE) — Ozop Plus, a subsidiary of Ozop Energy Solutions, Inc. (OZSC or the “Company”), is excited to announce a strategic partnership with Digitus, Inc., an innovative provider of embedded insurance solutions for OEMs and auto dealerships. This partnership will enable dealerships and OEMs to offer to car buyers Ozop Plus’s vehicle service contract (VSC) for electric vehicles (EV’s) including comprehensive coverage of the electric battery, at the point of sale for new and certified pre-owned vehicles. Ozop Plus specializes in providing cutting-edge VSCs for EV’s including the battery, leveraging the expertise and experience of its parent company, Ozop Energy Solutions, in utility-scale storage solutions and battery technology. The unique relationship between Ozop Plus and Ozop Energy Solutions...

Diana Shipping Inc. Announces Time Charter Contract for m/v Selina With Cargill

Written by Customer Service on May 22, 2023. Posted in Public Companies.

ATHENS, Greece, May 22, 2023 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Selina. The gross charter rate is US$12,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum September 15, 2024 up to maximum November 15, 2024. The charter commenced on May 20, 2023. The “Selina” is a 75,700 dwt Panamax dry bulk vessel built in 2010. The employment of “Selina” is anticipated to generate approximately US$5.71 million of gross revenue for the minimum scheduled period of the time charter. Diana...

BIMI International Medical Inc. Announces First Quarter 2023 Financial Results

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (the “Company”), a leading medical solutions provider, today announced its financial results for the three months ended March 31, 2023. The Company reported a significant decrease in net losses and notable improvements in working capital, underlining the ongoing success of its business strategy and operational effectiveness. Revenues for the three months ended March 31, 2023 and 2022 were $3,197,637 and $2,714,711, respectively. The revenues for the three months ended March 31, 2023 were primarily attributable to the revenues from sales of healthcare products by Phenix Bio Inc., a newly acquired subsidiary, and from the wholesale sales of generic drugs and medical devices. The $482,926 increase in revenues is mainly due to the $2,022,508 of sales of healthcare...

Cricut, Inc. Declares Special Cash Dividend of $1.00 Per Share

Written by Customer Service on May 22, 2023. Posted in Dividend Reports And Estimates.

SOUTH JORDAN, Utah, May 22, 2023 (GLOBE NEWSWIRE) — Cricut, Inc. (NASDAQ: CRCT) (“Cricut,” the “Company” or “we”) today announced that the Board of Directors, through its Audit Committee, has declared a special, one-time cash dividend of $1.00 per share to holders of the Company’s Class A and Class B Common Stock. The dividend is payable on July 17, 2023, to stockholders of record at the close of business on July 3, 2023. The aggregate amount of the cash payment to be made in connection with this special dividend will be approximately $234 million. In addition, holders of restricted stock units that are unvested on the record date will be credited with a dividend equivalent based on the value of the per share dividend pursuant to the terms of the Company’s equity incentive documents. The dividend equivalent will entitle such holders...

German American Announces Chairman of the Board and President Transition

Written by Customer Service on May 22, 2023. Posted in Public Companies.

Chairman of the Board and CEO D Neil DaubyPresident and Chief Financial Officer Bradley M RustJASPER, Ind., May 22, 2023 (GLOBE NEWSWIRE) — The Board of Directors for German American Bancorp, Inc. (GABC) announced next steps in leadership succession by appointing current Director and Chief Executive Officer, Neil Dauby, to succeed retiring Mark Schroeder as Chairman of the Board, and Brad Rust as President for both the holding company and the bank. Tom Seger, lead director for GABC, stated “The Board, along with the entire GABC family, are extremely grateful to Mark for his longevity and dedicated service to German American. His board and executive leadership and strong counsel throughout his extensive career enabled the company to grow its footprint, product and service offerings, and employment base as the company grew...

Vistin Pharma ASA: Minutes from the Annual General Meeting 2023

Written by Customer Service on May 22, 2023. Posted in Public Companies.

Oslo, Norway, 22 May 2023 Vistin Pharma ASA (OSE: VISTIN): Please find attached the minutes from the Annual General Meeting held today, on the 22 May 2023. All matters were resolved as proposed in the call for the Annual General Meeting. For further information, please contact: Alexander KarlsenCFO+47 97 05 36 21alexander.karlsen@vistin.comThis information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. AttachmentMinutes from AGM 22 may 2023_Vistin Pharma ASA

Aligned Data Centers Completes Acquisition of ODATA

Written by Customer Service on May 22, 2023. Posted in Mergers And Acquisitions.

Expansion Into LATAM Market Establishes Company as One of the Largest Private Data Center Operators in the AmericasAligned Data Centers Completes Acquisition of ODATA The transaction positions Aligned among the largest private data center operators in the Americas.DALLAS, May 22, 2023 (GLOBE NEWSWIRE) — Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable and adaptive scale data centers and build-to-scale solutions for global hyperscale and enterprise customers, today announces it has completed the acquisition of LATAM data center provider ODATA. The transaction positions Aligned among the largest private data center operators in the Americas, with a footprint spanning in excess of 2.5 GW of critical capacity across over 40 data centers at full buildout. ODATA will now operate...

Mizuho to Acquire Premier M&A Advisory Firm Greenhill

Written by Customer Service on May 22, 2023. Posted in Mergers And Acquisitions.

Purchase price $15 per share in cash Greenhill to serve as the M&A and restructuring advisory business of Mizuho Greenhill brand, global network, leadership and team to remain in place Acquisition accelerates Mizuho’s investment banking growth strategy, building on its leading capital markets and banking capabilitiesTOKYO and NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) — Mizuho Financial Group, Inc. (TSE: 8411 and NYSE: MFG) and Greenhill & Co., Inc. (NYSE: GHL) today announced a definitive agreement for Mizuho to acquire Greenhill in an all-cash transaction at $15 per share, reflecting an enterprise value of approximately $550 million, including assumed debt. Through this transaction, Mizuho will accelerate its investment banking growth strategy, building on Greenhill’s 27-year history of advising important clients on...

CTO Realty Growth Declares Dividends For the Second Quarter 2023

Written by Customer Service on May 22, 2023. Posted in Dividend Reports And Estimates.

WINTER PARK, Fla., May 22, 2023 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.38 per share of common stock for the second quarter of 2023 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents a 1.8% year-over-year increase as compared to the Company’s second quarter 2022 common stock cash dividend and an annualized yield of approximately 9.4% based on the closing price of the common stock on May 19, 2023. The Common Stock Cash Dividend is payable on June 30, 2023, to stockholders of record as of the close of business on June 8, 2023, and the ex-dividend date for the Common Stock Cash Dividend is June 7, 2023. The Board of Directors also authorized, and...

Month: May 2023

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