Biogen Announces Changes to Its Board of Directors

Written by Customer Service on June 12, 2023. Posted in Public Companies.

Biogen Will Adjourn Its Annual Meeting of Stockholders Until June 26, 2023, to Give All Stockholders Sufficient Time to Review and Vote on Proposed Slate CAMBRIDGE, Mass., June 12, 2023 (GLOBE NEWSWIRE) — Biogen Inc. (Nasdaq: BIIB) announced several changes to its Board of Directors today. The changes will refresh the composition of the Board and follow the Board’s continual interaction with company stockholders to solicit their perspective on a range of issues around the company’s performance and strategy. Directors Alexander J. Denner, Ph.D., William D. Jones and Richard C. Mulligan, Ph.D., will no longer stand for re-election and Biogen announced the nomination of Susan Langer who will stand for election to the company’s board of directors at its annual meeting of stockholders. As previously announced, Board Chair Stelios...

Nevada Exploration Provides Project Update

Written by Customer Service on June 12, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) provides the following update regarding its Kelly Creek property: Kelly Creek JV Partner Austin Gold Notifies Company of Termination of Certain Claims The Company’s Joint Venture Partner Austin Gold Corp. (“Austin”) has informed the Company that it will terminate certain leases and claim holdings within the Kelly Creek project, representing approximately 60% of the original claim holdings. The Company’s wholly-owned subsidiary, Pediment Gold LLC, and Austin are party to an Exploration and Option to Enter Joint Venture Agreement, with amendments, on the Kelly Creek Project, located on the Battle Mountain—Eureka (Cortez) gold trend in Humboldt County, Nevada. The termination of holdings by Austin...

Edge Total Intelligence Appoints New Chief Financial Officer

Written by Customer Service on June 12, 2023. Posted in Public Companies.

ARLINGTON, Va., June 12, 2023 (GLOBE NEWSWIRE) — Edge Total Intelligence Inc. (“edgeTI”, “Company”, “We”, or “Our”) (TSXV: CTRL, OTCQB: UNFYF, FSE: Q5i) is pleased to announce the appointment of Mr. Geremy Connor as edgeTI’s new Chief Financial Officer. Mr. Connor replaces Jason James, who started as an interim contract CFO in January 2021. Geremy Connor brings more than 20 years senior leadership experience in finance, accounting, business development and strategic planning to edgeTI. Prior to joining, he held CEO, CFO and Chief Investment Officer roles at investment, real estate, health care and technology companies such as Attalus Capital, the Philadelphia Group and SharpVue Capital which he cofounded. Mr. Connor has an A.B. in Economics from Princeton University and an M.B.A. from Harvard Business School. “On behalf of...

ThreeD Capital Inc. Announces Unaudited May 31, 2023 Net Asset Value Per Share – $0.73

Written by Customer Service on June 12, 2023. Posted in Public Companies.

TORONTO, June 12, 2023 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at May 31, 2023, its unaudited net asset value per share (“NAV”) was $0.73. This announcement is made based on ThreeD’s established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information. Use of Non-GAAP Financial Measures: This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value...

CapStar Announces Christopher G. Tietz as Chief Banking Officer and Christopher A. Higgins as Middle Tennessee Market President

Written by Customer Service on June 12, 2023. Posted in Public Companies.

NASHVILLE, Tenn., June 12, 2023 (GLOBE NEWSWIRE) — CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), today announced the appointment of Christopher G. Tietz into the newly created position of Chief Banking Officer where he will lead planning and oversight of the company’s banking and specialty banking divisions. Tietz joined CapStar in 2016 as Chief Credit Officer and has been instrumental in repositioning the company as a leading full-service financial institution throughout local markets. Since April 2021, he has served as EVP of Specialty Banking with responsibility for the company’s CRE, Mortgage, SBA, Southland Finance, Tri-Net, and Valley Title divisions. Previously, Tietz held various Chief Credit Officer positions and served First American National Bank for 15 years in numerous roles of increasing...

Globalink Investment Inc. Announces Extension of the Deadline to Complete a Business Combination to September 9, 2023

Written by Customer Service on June 12, 2023. Posted in Public Companies.

New York, NY, June 12, 2023 (GLOBE NEWSWIRE) — Globalink Investment Inc. (Nasdaq: GLLI, GLLIW, GLLIR, GLLIU) (“Globalink” or the “Company”), a special purpose acquisition company, announced today that on June 12, 2023, it caused to be deposited $390,000 (the “Extension Payment”) into its trust account (the “Trust Account”) with Continental Stock Transfer and Trust Company (“Continental”) to extend the deadline to complete its initial business combination from June 9, 2023 to September 9, 2023. The extension is the second of five extensions permitted under the Company’s governing documents. About Globalink Investment Inc. Globalink is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although...

SeaChange Reports Fiscal Q1 2024 Financial and Operational Results

Written by Customer Service on June 12, 2023. Posted in Earnings Releases And Operating Results.

Total first quarter revenue of $7.0 million, up 4% year-over-year, driven by a 40% increase in recurring service revenue Achieved significant margin expansion and cost controls, reducing net income losses year-over-year to $0.7 million from $3.0 million Adjusted EBITDA approaches breakeven at a loss of $0.2 million in the first quarter, providing an expected profitable outlook for fiscal 2024 Bolstered further recurring revenue streams by securing two major customer renewals in the first quarter BOSTON, June 12, 2023 (GLOBE NEWSWIRE) — SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (“FAST”) development, today reported financial and operational results for the fiscal first...

Inception Growth Acquisition Limited and AgileAlgo Pte Ltd. Announce Letter of Intent for a Business Combination

Written by Customer Service on June 12, 2023. Posted in Mergers And Acquisitions.

New York, June 12, 2023 (GLOBE NEWSWIRE) — Inception Growth Acquisition Limited (NASDAQ: IGTA), a publicly traded special purpose acquisition company (“Inception Growth”), and AgileAlgo Pte Ltd. (“AgileAlgo”), a maker of enterprise-grade natural language code generator for machine-learning and data management platforms, announced today the signing of a binding letter of intent (“LOI”) for a potential business combination. Transaction Overview Under the terms of the LOI, Inception Growth and AgileAlgo would become a combined entity, with AgileAlgo’s existing equity holders rolling 100% of their equity into the combined public company. Inception Growth expects to announce additional details regarding the proposed business combination when a definitive merger agreement is executed. Completion of a business combination with AgileAlgo...

Hawthorn Bancshares Announces Results of 2023 Annual Meeting

Written by Customer Service on June 12, 2023. Posted in Public Companies.

JEFFERSON CITY, Mo., June 12, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Hawthorn Bancshares, Inc. of Jefferson City, MO (NASDAQ: HWBK) announced that at the Company’s June 6, 2023 Annual Meeting of Shareholders, Kathleen L. Bruegenhemke, Philip D. Freeman and Jonathan D. Holtaway were re-elected as Class I directors to serve three-year terms expiring 2026. Ms. Bruegenhemke has served as director and Chief Operating Officer of Hawthorn Bancshares since 2017. Mr. Freeman has served as director of Hawthorn Bancshares since 1993 and is currently the owner of Freeman Properties JCMO, LLC in Jefferson City, Missouri. Mr. Holtaway has served as director since 2019 and is President of Ategra Capital Management, LLC. Other members of the 11-member Board include Gregg A. Bexten, Frank E. Burkhead, Brent M. Giles, Shawna M. Hettinger,...

Brookfield Renewable to Acquire Duke Energy Renewables

Written by Customer Service on June 12, 2023. Posted in Public Companies.

Solidifies Brookfield Renewable’s position as one of the largest renewable energy businesses in the U.S. Almost 90,000 MW of combined operating and pipeline capacity across all major U.S. power grids Immediately accretive to FFO with additional upside from asset repowerings and synergies With the execution of a $650 million bought deal and concurrent private placement, we believe Brookfield Renewable remains well positioned to fund its long-term growth targets BROOKFIELD, News, June 12, 2023 (GLOBE NEWSWIRE) — Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), today announced that it has agreed to acquire Duke Energy Renewables, a fully integrated developer and operator of renewable power assets in the U.S. with 5,900 megawatts of operating and under construction...

Day: June 12, 2023

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