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Day: June 22, 2023

Nasdaq, Inc. Prices $4.25 Billion and €750 Million Senior Notes Offerings

NEW YORK, June 22, 2023 (GLOBE NEWSWIRE) — Nasdaq, Inc. (the “Company” or “Nasdaq”) (Nasdaq: NDAQ) today announced that it priced a public offering of $500,000,000 aggregate principal amount of 5.650% senior notes due 2025, $1,000,000,000 aggregate principal amount of 5.350% senior notes due 2028, $1,250,000,000 aggregate principal amount of 5.550% senior notes due 2034, $750,000,000 aggregate principal amount of 5.950% senior notes due 2053 and $750,000,000 aggregate principal amount of 6.100% senior notes due 2063 (the “Dollar Offering”) and a public offering of €750,000,000 aggregate principal amount of 4.500% senior notes due 2032 (the “Euro Offering” and, together with the Dollar Offering, the “Offerings”). The Company expects to use the net proceeds from the Offerings, together with cash on hand and proceeds of other debt,...

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HEMPSANA Announces Q1 2023 Financial Results

TORONTO, June 22, 2023 (GLOBE NEWSWIRE) — Hempsana Holdings Ltd. (the “Company” or “Hempsana”) today announced first quarter financial results for the three-month period ended March 31, 2023. Randy Ko, Hempsana’s CEO commented: “Hempsana continues to expand its innovative product offerings to consumers across Canada with the launch of seven new SKU’s from ufeelu and two new brands: Caviar Gold and Craft Bangers. We believe that Caviar Gold and Craft Bangers will provide great dried flower options that have high THC potency (25+%) combined with high terpene profiles (4+%). We believe we have the opportunity to dominate the infused pre-roll market as we use a patented process to infuse our pre-rolls and moonrocks that provides consumers a consistent smoking experience as the patented process uniformly distributes the distillate into...

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Timbercreek Financial Declares June 2023 Dividend

TORONTO, June 22, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on July 14, 2023 to holders of Common Shares of record on June 30, 2023. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the...

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PyroGenesis Announces $5 Million Brokered Private Placement of Convertible Debenture Units, Including Participation by CEO

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. MONTREAL, June 22, 2023 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY) (“PyroGenesis” or the “Company”), is pleased to announce that it has entered into an agreement with Research Capital Corporation as the sole agent and sole bookrunner (“Agent”), in connection with a “best-efforts” brokered private placement offering of up to 5,000 unsecured convertible debenture units of the Company (the “Convertible Debenture Units”) at a price of C$1,000 per Debenture Unit, for proceeds of up to C$5,000,000 (the “Offering”). In connection with the Offering, P. Peter Pascali, President, CEO, and Director intends to subscribe for up to C$2,000,000 of Convertible Debenture Units. Each Convertible Debenture Unit...

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Grupo Aeroportuario del Pacifico Announces Payment of Debt Securities “GAP 20-2”

GUADALAJARA, Mexico, June 22, 2023 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) informs that today it has made the Ps. 602.0 million maturity payment on “GAP 20-2” debt securities (equal to 6.02 million long-term debt securities). The payment was made with proceeds obtained from the issuance of long-term debt securities on March 27, 2023. COMPANY DESCRIPTION Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP’s shares were listed on the...

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Intercept Receives Complete Response Letter from FDA for Obeticholic Acid as a Treatment for Pre-Cirrhotic Fibrosis due to NASH

Company to discontinue all NASH-related investment and restructure the Company’s operations to strengthen its focus on rare and serious liver diseases Company anticipates achieving profitability in 2024 as a result of planned actions Conference call scheduled for Friday, June 23, 2023, at 8:30 a.m. ETMORRISTOWN, N.J., June 22, 2023 (GLOBE NEWSWIRE) — Intercept Pharmaceuticals, Inc. (Nasdaq: ICPT), a biopharmaceutical company focused on the development and commercialization of novel therapeutics to treat rare and serious liver diseases, today announced that the U.S. Food and Drug Administration (FDA) has issued a Complete Response Letter (CRL) in response to the Company’s New Drug Application (NDA) for obeticholic acid (OCA) for the treatment of pre-cirrhotic fibrosis due to nonalcoholic steatohepatitis (NASH). The FDA indicated...

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U.S. Global Investors Reports an 89% Increase in Net Income Quarter-over-Quarter, Announces Continuation of Monthly Dividends

SAN ANTONIO, June 22, 2023 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold mining to emerging markets, today reported operating income of $730,000 for the quarter ended March 31, 2023, on total revenues of $3.6 million. The Company recorded net income of $1.6 million, or $0.11 per share, representing an 89% increase over the previous quarter’s net income. Average assets under management (AUM) for the three-month period ended March 31, 2023, were $2.5 billion, while total AUM at period-end was $2.3 billion. “As a reminder, we were delayed in submitting our financial results for the quarters ended December 31, 2022, and March 31, 2022, due to prior period restatements. The restatement...

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Tilray Brands Completes Accretive Acquisition of HEXO Corp. Leading the Next Evolution of Canadian Cannabis

Creates Canada’s Largest Cannabis Company by Revenue and Increases Tilray’s #1 Leading Cannabis Share by 44% with ~13% Pro Forma Market Share         Accelerates Realization of Operating and Cost Synergies in Excess of US$27 Million Solidifies Tilray’s Position as the Leader in Cannabis Operations, Brands and Innovation in the World’s Largest Federally Legal Cannabis Market and Strengthens Value Creation for Shareholders and Consumers LEAMINGTON, Ontario, June 22, 2023 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray Brands”, “Tilray” or the “Company”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced the completion of its previously announced acquisition of HEXO Corp. (“HEXO”), (Nasdaq | TSX: HEXO) by way of plan of arrangement (the “Arrangement”)‎. The HEXO acquisition...

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Eagle Bulk Shipping Inc. Purchases Oaktree Capital Stake in Company

Adopts Limited Duration Shareholder Rights Plan to Protect the Best Interest of Shareholders STAMFORD, Conn., June 22, 2023 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world’s largest owner-operators within the midsize drybulk vessel segment, today announced that its Board of Directors has approved an agreement with Oaktree Capital Management (“Oaktree”) and certain of its affiliates pursuant to which Eagle has repurchased approximately 3.8 million shares of Eagle common stock, representing Oaktree’s entire stock ownership of approximately 28% in the Company, for an aggregate purchase price of approximately $219.3 million. The purchase price of $58.00 per share represents a discount of approximately $11.00 per share or approximately 16% to Net Asset Value, as adjusted...

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CVRx Set to Join Russell 2000 & 3000 Indexes

MINNEAPOLIS, June 22, 2023 (GLOBE NEWSWIRE) — CVRx, Inc. (NASDAQ: CVRX) (“CVRx”), a commercial-stage medical device company focused on developing, manufacturing and commercializing innovative neuromodulation solutions for patients with cardiovascular diseases, today announced that it is set to join the Russell 2000 Index and the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell...

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