Day: June 20, 2023
Enhances Profitability Profile
SCOTTSDALE, Ariz., June 20, 2023 (GLOBE NEWSWIRE) — The Joint Corp. (NASDAQ: JYNT), the nation’s largest provider of chiropractic care through The Joint Chiropractic® network, acquired the regional developer (RD) territory rights for Wisconsin for $950,000 on June 15, 2023.
The demographic modeling for Wisconsin indicates the potential for a total of 53 clinics, including the 21 existing franchised clinics, one clinic in active development and 31 sites for future clinic development.
“Acquiring the regional developer territory rights for Wisconsin will increase the margin contribution within the franchise segment,” said President and Chief Executive Officer of The Joint Corp. Peter D. Holt. “As the composition of our franchise system evolves, we continually evaluate opportunities, balancing increased...
Chindata Group Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee
Written by Customer Service on . Posted in Public Companies.
BEIJING, June 20, 2023 (GLOBE NEWSWIRE) — Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that the special committee (the “Special Committee”) of the Company’s board of directors (the “Board”), formed to evaluate and consider the previously announced preliminary non-binding acquisition proposal letter dated June 6, 2023 (the “Proposal”), has retained Citigroup Global Markets Asia Limited as its independent financial advisor and Gibson, Dunn & Crutcher as its U.S. legal counsel to assist it in this process.
The Company cautions its shareholders and others considering trading in its securities that neither the Board nor the Special Committee has made any decision with respect...
TC Energy’s strategic alignment of 2023 priorities and energy transition, showcased at Sustainable Energy Forum
Written by Customer Service on . Posted in Public Companies.
Over 60 per cent of secured capital projects directly enable global climate goals
CALGARY, Alberta, June 20, 2023 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is hosting a Sustainable Energy Forum today to highlight the Company’s role in enabling the energy transition while delivering long-term shareholder value.
Today’s event includes presentations from TC Energy President and CEO François Poirier, Bruce Power President and CEO Mike Rencheck, and senior leaders at the forefront of the Company’s sustainable energy strategy.
TC Energy’s highly integrated North American asset base is enabling the energy transition and supporting the path to net zero by 2050. More than 60 per cent of its $34 billion total secured capital program is directly funding solutions to support global...
Graphex Group Retains Maxim Group to Explore U.S. Spinoff of its Graphex Technologies Business
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The international technology company moves to accelerate its growth strategy to domesticate North American graphite supply via a standalone U.S. company.
ROYAL OAK, Mich., June 20, 2023 (GLOBE NEWSWIRE) — Graphex Group Limited, together with its wholly owned US subsidiary, Graphex Technologies, LLC (“Graphex” or the “Company”) (NYSE American: GRFX | HKSE: 6128), a multinational technology company focused on the development of technologies and products to enhance renewable energy, is pleased to announce that it has engaged the services of New York City-based investment bank and financial advisory firm, Maxim Group LLC (“Maxim”). Maxim will provide financial advisory services in relation to the potential spinoff of Graphex Technologies, LLC. The terms and conditions of any spinoff will be determined after analysis by...
GCC Steam Condensate Piping Market Driven by Growing Industrialization and Demand for Energy Efficiency
Written by Customer Service on . Posted in Mergers And Acquisitions.
According to SkyQuest, the increase in manufacturing and processing industries has increased demand for steam infrastructure, including condensate steam piping. The drained steam condensate retains a significant amount of heat energy that can be reused by other processes that require less heat. However, steam condensate piping requires frequent maintenance and can be relatively costly.
Westford, USA, June 20, 2023 (GLOBE NEWSWIRE) — SkyQuest projects that the GCC steam condensate piping market will attain a value of USD 233.5 million by 2030, with a CAGR of 4.5% over the forecast period (2023-2030). Steam condensate piping offers versatility as it comes in various sizes and materials making it suitable for diverse industrial processes. In addition, the rise in global energy demands owing to the population growth has increased the...
Pharvaris Announces $70 Million Private Placement Financing
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ZUG, Switzerland, June 20, 2023 (GLOBE NEWSWIRE) — Pharvaris (Nasdaq: PHVS), a clinical-stage company focused on the development and commercialization of novel oral bradykinin-B2-receptor antagonists for the treatment of hereditary angioedema (HAE) and other bradykinin-B2-receptor-mediated indications, today announced that it has entered into a subscription agreement relating to the offer and sale of an aggregate of 6,951,340 ordinary shares of the Company, par value €0.12 per share (the “Ordinary Shares”), in a private placement (the “Offering”) to a group of institutional investors, led by General Atlantic and venBio Partners with participation from Bain Capital Life Sciences, Foresite Capital, and Venrock Healthcare Capital Partners, at an offering price of $10.07 per share, for gross proceeds of approximately $70 million before...
Team, Inc. Announces Successful Closing of Refinancing Transactions
Written by Customer Service on . Posted in Public Companies.
Simplifies Capital Structure and Extends Maturities
SUGAR LAND, Texas, June 20, 2023 (GLOBE NEWSWIRE) — Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced the successful closing of a series of previously announced refinancing transactions (the “Transactions”) that raised $87.4 million of new funding (approximately $82 million following deductions for transaction related fees and expenses and original issue discounts) and consisting of the following:A new $57.5 million, 12% senior secured first lien term loan provided by funds managed by Corre Partners Management, LLC (“Corre”) that matures in December 2026, and is...
Brook Furniture Rental and Descartes Honored with Supply & Demand Chain Executive’s 2023 Top Supply Chain Projects Award
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ATLANTA, June 20, 2023 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, and Chicago-based Brook Furniture Rental, a leading provider of rental furniture, décor and housewares for the office and home, are honored to be named as one of the winners of this year’s Top Supply Chain Projects presented by Supply & Demand Chain Executive (SDCE). The publication’s award spotlights innovative projects that automate, optimize, streamline and improve the supply chain.
Brook Furniture Rental and Descartes have been recognized by SDCE for the dramatic impact of Descartes’ home delivery solution on Brook’s customer service, operational efficiency and sustainability. By replacing manual processes with Descartes’ end-to-end platform for last mile delivery...
Smart Share Global Limited Announces First Quarter 2023 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Regain profitability with net income of RMB10.8 million for the first quarter of 2023POIs operated through network partner model reached 58.8% as of the end of the first quarter of 2023Number of POIs1 reached 1.0 million as of the end of the first quarter of 2023
SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) — Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended March 31, 2023.
HIGHLIGHTS FOR THE FIRST QUARTER OF 2023Net income for the first quarter of 2023 was RMB10.8 million, compared to a net loss of RMB96.4 million in the same period last year and a net loss of RMB334.5 million for the fourth quarter of 2022.
As of March 31, 2023, the Company’s services were available...
BioSenic presents data on its new copper-arsenic trioxide combination for immunological disorders at the 25th International Conference on Redox Medicine
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INSIDE INFORMATION
Combining arsenic and a metal ion decreases dosage needed for therapeutic effects in preclinical chronic graft-versus-host disease and systemic sclerosis models
Mont-Saint-Guibert, Belgium, June 20th2023, 7.00am CET – BioSenic (Euronext Brussels and Paris: BIOS), the clinical-stage company specializing in serious autoimmune and inflammatory diseases and cell repair, will present the latest data on its arsenic trioxide (ATO) platform at the 25th International Conference on Redox Medicine 2023, held by Redox Medicine Society on June 21-23 in Paris, France. “Arsenic-Copper: A Double-Edged Sword for a Unique Double Benefit against Immunological Disorders”, will be presented by Dr. Carole Nicco, Chief Scientific Officer at BioSenic and newly elected President of Redox Medicine Society.
The presentation will focus on recent...