Day: June 2, 2023

Globus Maritime Limited Reports Financial Results for the Quarter Ended March 31, 2023

GLYFADA, Greece, June 02, 2023 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2023. Revenue $8.6 million in Q1 2023 compared to $18.4 million in Q1 2022 Net income $2.6 million in Q1 2023 compared to $12.1 million in Q1 2022 Adjusted EBITDA $1.3 million in Q1 2023 compared to $13.8 million in Q1 2022 Time Charter Equivalent $8,780 per day in Q1 2023 compared to $23,643 per day in Q1 2022 Current Fleet ProfileAs of the date of this press release, Globus’ subsidiaries own and operate nine dry bulk carriers, consisting of four Supramax, one Panamax and four Kamsarmax. Vessel Year Built Yard Type Month/Year Delivered DWT Flag Moon...

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Chijet Motor Company Listed on NASDAQ

Chijet Management at the Nasdaq MarketSite in Times Square Chijet Management at the Nasdaq MarketSite in Times Square Chijet Motor Production Models Chijet Motor Production Models NEW YORK, June 02, 2023 (GLOBE NEWSWIRE) — Chijet Motor Company, Inc. (the “Company” or “Chijet”), a developer of next-generation electric vehicles, was officially listed on NASDAQ on June 2, 2023 under the ticker symbol “CJET.” Chijet Management at the Nasdaq MarketSite in Times Square Chijet is a new energy vehicle group company with main operating entities of Shandong Baoya New Energy Vehicle Co., Ltd. and its holding subsidiary, FAW Jilin Automobile Co., Ltd. The Company combines the innovative vitality of new car-making design and engineering forces with mature scale vehicle production capacity, and is committed to building...

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UMH PROPERTIES, INC. TO PARTICIPATE IN NAREIT’S REITWEEK: 2023 INVESTOR CONFERENCE

FREEHOLD, NJ, June 02, 2023 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) today announced that Samuel A. Landy, President and Chief Executive Officer, Anna T. Chew, Executive Vice President and Chief Financial Officer, Eugene W. Landy, Chairman of the Board, and Brett Taft, Executive Vice President and Chief Operating Officer, are scheduled to participate in Nareit’s REITweek: 2023 Investor Conference, to be held in New York City, at the New York Hilton Midtown. UMH’s senior management team is scheduled to present on Wednesday, June 7, 2023, at 10:15 a.m. Eastern Time. The presentation will be available live via webcast and accessible at the Company’s website, www.umh.reit, in the Upcoming Events section. Presentation materials will also be available at the Company’s website homepage. UMH Properties, Inc., which...

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Nokia Corporation: Repurchase of own shares on 02.06.2023

Nokia CorporationStock Exchange Release2 June 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 02.06.2023 Espoo, Finland – On 2 June 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 362,695 3.83 CEUX 1,135 3.84 AQEU 1,630 3.81 TQEX 1,940 3.81 Total 367,400 3.83 * 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...

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Mirasol Upsizes Private Placement Financing to $7.4 Million

VANCOUVER, British Columbia, June 02, 2023 (GLOBE NEWSWIRE) — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) today announced that due to strong demand it has increased its previously announced non-brokered private placement from 4,000,000 units up to 5,920,000 units at a price of $1.25 per unit (the “Placement”). The aggregate gross proceeds of the offering are expected to be up to $7.4 million instead of the originally planned $5.0 million. Mirasol’s Chairman, Patrick Evans, noted: “We upsized the offering to accommodate strong interest from key new investors. The increased demand validates the high-quality of our large portfolio of copper-gold-silver projects and demonstrates confidence in Mirasol’s operating team.” In all other respects, the terms of the Placement will be as announced on May...

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SAGALIAM ACQUISITION CORP. REGAINS COMPLIANCE WITH NASDAQ LISTING RULE 5250(C)(1)

New York, NY, June 02, 2023 (GLOBE NEWSWIRE) — Sagaliam Acquisition Corp. (NASDAQ: “SAGAU”, “SAGA”, “SAGAR”) (“we”, “us”, “our”, or the “Company”) announced today that it received notice from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) on June 1, 2023 indicating that the Company has regained compliance with Nasdaq Listing Rules 5250(c)(1). On April 19, 2023 (the “April 19 Letter”), Nasdaq notified Sagaliam Acquisition Corp. (the “Company”) that the Company no longer met the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1) (the “Rule”). On May 22, 2023, the Company filed its Form 10-K for the period ended December 31, 2022. On June 1, 2022, Nasdaq notified the Company that based on the May 22, 2023 filing of the Company’s Form 10-K for the period ended December...

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Profound Medical Announces New CPT® Category 1 Codes from the AMA for TULSA to Treat Prostate Diseases

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) — Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, announced today that, with sponsorship and support from multiple physician specialty societies, the American Medical Association (“AMA”) has established three new Current Procedural Terminology (“CPT®’) Category 1 codes for MRI-Monitored Transurethral Ultrasound Ablation (“TULSA”) of prostate tissue, performed using Profound’s TULSA-PRO® system. The first CPT® Code describes the complete TULSA procedure when furnished by a single physician, such as a urologist. The other two CPT codes each describe a part of the TULSA procedure when TULSA is furnished by two physicians,...

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BlueCat acquires network infrastructure monitoring and automation platform Indeni

Customers will gain an enhanced ability to maintain network resiliency TORONTO, June 02, 2023 (GLOBE NEWSWIRE) — BlueCat Networks, a leading provider of mission-critical network and cloud infrastructure software for reliable and secure DNS, DHCP, and IP address management (collectively known as DDI), announced today that it has acquired Indeni. Moelis & Company acted as financial advisors to BlueCat. Financial terms were not disclosed, and the deal is subject to regulatory approval. Indeni’s platform helps network operations (NetOps) teams assure the health of their network appliances such as firewalls, load balancers, and secure web proxies. It analyzes device configurations, metrics, and logs through deep domain expertise, codified as knowledge. And it alerts administrators about existing and potential issues, using a global,...

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LIXTE Biotechnology Holdings, Inc. Announces 1-for-10 Reverse Stock Split of its Common Stock Effective on Pre-Market Opening on June 5, 2023

PASADENA, CA, June 02, 2023 (GLOBE NEWSWIRE) — LIXTE Biotechnology Holdings, Inc. (“LIXTE” or the “Company”) (Nasdaq: LIXT) announced today that it will effect a 1-for-10 reverse stock split of its issued and outstanding common stock effective on Friday, June 2, 2023. Commencing with the opening of trading on the Nasdaq Capital Market on Monday, June 5, 2023, the Company’s common stock will trade on a post-split basis under the same symbol LIXT. The reverse stock split was approved by the Company’s stockholders at a special meeting of stockholders held on May 26, 2023, with the final ratio being determined by the Company’s Board of Directors. As a result of the reverse stock split, the CUSIP number for the Company’s common stock will be changed to 539319301, and every 10 shares of issued and outstanding common stock will be exchanged...

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Trisura Group Announces Results of Annual Meeting of Shareholders

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura Group” or the “Company”) (TSX: TSU) today announced the results of the Company’s annual meeting of shareholders held on June 1, 2023 in Toronto (the “Meeting”). At the Meeting, all eight nominees proposed for election to the Board by Shareholders were elected. Management received the following proxies from Shareholders in regard to the election of directors: Director Nominee Votes For %   Votes Withheld %   David Clare 35,780,580 99.41 % 211,215 0.59 % Paul Gallagher 34,039,711 94.58 % 1,952,084 5.42 % Barton Hedges 35,781,310 99.42 % 210,485 0.58 % Anik Lanthier 35,824,923 99.54 % 166,872 0.46 % Janice Madon 35,782,370 99.42 % 209,425 0.58 % Greg Morrison 35,780,537 99.41 % 211,258 0.59 % George E. Myhal 28,752,373 79.89 % 7,239,422 20.11 % Robert...

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