Casella Waste Systems Announces Closing Of Public Offering Of Class A Common Stock And Full Exercise Of Underwriters’ Option To Purchase Additional Shares

Written by Customer Service on June 16, 2023. Posted in Public Companies.

RUTLAND, Vt., June 16, 2023 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, announced today the closing of its previously announced underwritten public offering of shares of its Class A common stock, including the full exercise of the underwriters’ option to purchase an additional 789,473 shares, at a public offering price of $85.50 per share, before offering discounts. The exercise of the underwriters’ option to purchase additional shares brought the total number of shares of Class A common stock sold by Casella in the offering to 6,052,631 and increased the aggregate gross proceeds from the offering to $517.5 million, before deducting underwriting discounts and offering expenses. Casella intends to use the net proceeds from the offering...

UMH PROPERTIES, INC. OBTAINS AN INDEPENDENT SECOND-PARTY OPINION FROM SUSTAINALYTICS

Written by Customer Service on June 16, 2023. Posted in Public Companies.

FREEHOLD, NJ, June 16, 2023 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) is pleased to announce that it has obtained an independent second-party opinion (SPO) from Sustainalytics on UMH’s April 2023 Sustainable Finance Framework. UMH’s April 2023 framework gives greater flexibility in the types of ESG financing that it could potentially attract. The April 2023 framework was designed to comply with the 2021 Sustainable Bond Guidelines, the 2021 Green Bond Principles and the 2021 Social Bond Principles developed by the International Capital Markets Association. In its favorable opinion, Sustainalytics acknowledged UMH’s ability to provide affordable housing, noting that affordability of the Company’s portfolio reached 97% of low-income earners (defined as households making between 50-80% of their area’s median...

BlueLinx Announces Expansion of Distribution Partnership with LP

Written by Customer Service on June 16, 2023. Posted in Public Companies.

MARIETTA, Ga., June 16, 2023 (GLOBE NEWSWIRE) — BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, are pleased to announce the expansion of their distribution partnership. The expanded collaboration will include LP’s renowned Siding Solutions brands and prefinished solutions, namely LP® SmartSide® Trim & Siding and LP® SmartSide® ExpertFinish® Trim & Siding, in the Southeast Region, specifically Jacksonville, Tampa, and Lakeland. This strategic move expands BlueLinx’s stocking footprint of LP® SmartSide® to eleven locations, spanning three of LP’s regions across the United States. Mike Wilson, Senior Vice President of Product Management...

Optinose Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on June 16, 2023. Posted in Public Companies.

YARDLEY, Pa., June 16, 2023 (GLOBE NEWSWIRE) — OptiNose, Inc. (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat (ENT) and allergy specialists, today announced that the company has granted a non-qualified stock option award to purchase 100,000 shares of its common stock to a new employee as an inducement material for accepting employment with OptiNose. The stock option award was granted outside of the OptiNose, Inc. 2010 Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). The stock option award was granted on the new employee’s hire date June 16, 2023 with an exercise price of $1.16 which is equal to the closing price of the company’s common stock as reported by Nasdaq on the grant date. The stock option award has a 10-year term and vests over four years, with one-fourth...

Totaligent to Begin Marketing its Beta Platform and Provide Shareholder Communications

Written by Customer Service on June 16, 2023. Posted in Public Companies.

BOCA RATON, Fla., June 16, 2023 (GLOBE NEWSWIRE) — Totaligent, Inc. (OTCPK: TGNT), an AI-powered digital marketing platform, announces it is launching a marketing campaign to develop brand awareness to acquire beta users for its newly launched digital marketing platform, and will begin shareholder communications to foster dialogue with shareholders and other market participants. During Totaligent’s beta trial, its services will be offered for free and interested users can register at www.totaligent.com. The free beta trial includes: 1) Push Notifications – opt-in alerts that display text and rich media, like images or buttons, which enable a user to take a specific action, 2) Short Links – randomly-generated short URLs that are easier to share by SMS, e-mail, or on social networks, and 3) Tracking Pixels – snippets...

EverQuote Announces Cost Reduction Plan and Appointment of Joseph Sanborn as Chief Financial Officer

Written by Customer Service on June 16, 2023. Posted in Public Companies.

Company Initiates Plan to Further Reduce Costs and Drive Towards Profitability CAMBRIDGE, Mass., June 16, 2023 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced plans to implement a structural reduction of over 15% in its non-marketing operating expenses (excluding non-cash items). “We remain committed to managing expenses throughout our operations. We expect this efficient cost structure will position EverQuote for growth and profitability when the auto insurance carriers return to their normal pattern of acquiring consumers through digital channels,” said Jayme Mendal, CEO of EverQuote. The Company also announced that Joseph Sanborn, who previously served as EverQuote’s Chief Strategy Officer, has been named Chief Financial Officer, effective today. John Wagner, Chief...

Lavoro to Participate in the 2023 World Agri-Tech South America Summit in São Paulo, Brazil

Written by Customer Service on June 16, 2023. Posted in Public Companies.

SÃO PAULO, Brazil, June 16, 2023 (GLOBE NEWSWIRE) — Lavoro Limited (Nasdaq: LVRO; LVROW), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, will participate in the 2023 World Agri-Tech South America Summit in São Paulo, Brazil, on June 20, 2023. The event gathers the international agricultural supply chain to address the main challenges and innovations for the sector. Word Agri-tech will gather more than 160 companies and 90 startups from the industry. This is Lavoro’s first participation at the event. Ruy Cunha, Chief Executive Officer, will participate on a panel titled, “Distribution: Accessing New Channels to Promote Technologies and Services to Farmers.” The panel will be held on Tuesday, June 20th at 3:50 pm BRT and moderated by José Tomé, Chief Executive Officer of AgTech Garage. “World Agri-tech...

RadNet Announces Closing Of Upsized Public Offering Of Common Stock

Written by Customer Service on June 16, 2023. Posted in Public Companies.

LOS ANGELES, June 16, 2023 (GLOBE NEWSWIRE) — RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, announced today the closing of its underwritten public offering of 8,711,250 shares of its common stock at a price to the public of $29.75 per share, which includes the entire overallotment option to the underwriters of 1,136,250 shares. The gross proceeds to RadNet from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $259.2 million. RadNet intends to use the net proceeds from the proposed offering to pay down $100 million of its first lien term loans and for working capital and general corporate purposes. Jefferies and Raymond James acted as joint active book-running...

CFC’s Initial 2022 Key Ratio Trend Analysis Results Demonstrate Cooperatives’ Resiliency

Written by Customer Service on June 16, 2023. Posted in Public Companies.

DULLES, Va., June 16, 2023 (GLOBE NEWSWIRE) — The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2022 Key Ratio Trend Analysis (KRTA) report, an annual assessment of financial trends among electric distribution cooperatives nationwide. The results show electric cooperatives continue their growth across many metrics, including consumers, sales and utility plant investment, and have maintained strong financial metrics. “The cooperative business model has enabled rural electric distribution cooperatives to be resilient in the face of rising power costs, supply chain disruptions and inflation while maintaining their focus on improving the quality of life in the communities they serve,” CFC Senior Vice President and Chief Corporate Affairs Officer Brad Captain said. Consumer growth...

OROCO ANNOUNCES FILING OF TECHNICAL REPORT FOR THE SANTO TOMAS PROJECT

Written by Customer Service on June 16, 2023. Posted in Public Companies.

Vancouver, Canada, June 16, 2023 (GLOBE NEWSWIRE) — Oroco Resource Corp. (“Oroco” or the “Company”) (TSXV: OCO; OTCQB: ORRCF, BF: OR6) is pleased to announce that it has filed a report titled Santo Tomas Project NI 43-101 Technical Report Mineral Resource Estimate” (the “Report”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI 43-101”). The Report is in support of the mineral resource estimate for Oroco’s Santo Tomas Project in Sinaloa Mexico, previously reported in the Company’s news release of May 3, 2023. This report was prepared as a NI 43-101 technical report on a mineral resource estimate for Oroco Resource Corporation (Oroco or the Company) by Ausenco Engineering USA South Inc. and Ausenco Engineering Canada, Inc. and SRK Consulting (US), Inc., SRK Consulting...

Day: June 16, 2023

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