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Month: June 2023

Beam Global Executes Binding LOI to Acquire Europe Based Amiga, Announces Proposed Public Offering of Common Stock and Announces Q2 Revenue and Unit Guidance

The planned accretive transaction is intended to expand Beam Global’s business into the European market and increase Beam Global’s production, engineering, sales and product development expertise Filed Pursuant to Rule 433Free Writing Prospectus dated June 16, 2023Relating to Preliminary Prospectus dated June 16, 2023Registration No. 333-238701Acquisition expected to increase and diversify revenues and gross profits Amiga recorded revenue of over EUR 8.5M in 2022 Expected to enhance Beam Global’s manufacturing and engineering capabilities Expected to accelerate the development of our EV Standard™ and other products both in the European and U.S. markets Expected to add new customer segments in both the U.S. & EuropeSAN DIEGO, June 16, 2023 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW) (“Beam Global” or the...

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Nickel 28 Announces Appointment of New Independent Director and Provides Update on Majority Voting Policy

TORONTO, June 16, 2023 (GLOBE NEWSWIRE) — Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) is pleased to announce the appointment of Mr. C. Ian Ross as a new independent director to the Board of Directors (the “Board”), effective immediately. Mr. Ross brings extensive board, senior management and transactional experience in a wide variety of public companies and highly complex special situations. In addition, the Company is providing an update regarding the determination of the Board on the application of the Company’s majority voting policy (the “Policy”) with respect to the results of its annual general and special meeting of shareholders held on June 12, 2023 (the “Meeting”). As previously announced, management’s recommended slate of directors was duly elected in accordance with applicable corporate...

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iCoreConnect Announces Removal of the Down-Round Provision for Its Warrants

OCOEE, FL, June 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — iCoreConnect, Inc. (the “Company”), (OTCQB: ICCT), a cloud-based software and technology company focused on increasing workflow productivity and customer profitability through its enterprise and healthcare workflow platform, today announces the removal of the down-round provision for its warrants. The warrants were issued by the Company in 2021 with down-round provisions that require the lowering of the exercise price of the warrant, and a proportionate increase in the number of shares underlying the warrants, upon the issuance of new securities at a price per share that is lower than the exercise price of the original warrant. The down-round provisions would require the Company to record a non-cash charge for the incremental fair value of the additional shares...

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iCoreConnect, Inc. Announces 2023 First Quarter Results With Impressive Subscriber and Growth Margin Increases

OCOEE, FL, June 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — iCoreConnect, Inc. (OTCQB: ICCT), a cloud-based software and technology company focused on increasing workflow productivity and customer profitability through its enterprise platform of applications and services, announces its first quarter 2023 results. Highlights for the Quarters Ended March 2023 and 2022 Subscribers:2023: 32,000+ 2022: 24,000 % Growth = 33%+Gross Profit:2023: 73% 2022: 69%During the first quarter of 2023, iCoreConnect strengthened its position within the dental industry with the addition of four new state dental association endorsements and gained further traction in the broader healthcare industry. An increase in dental and healthcare Software-as-a-Service (SaaS) revenue was more than offset by a decline in MSaaS revenue in our legacy...

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WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date

Cambridge, MA, June 16, 2023 (GLOBE NEWSWIRE) — WinVest Acquisition Corp. (NASDAQ: WINV, the “Company”), a special purpose acquisition company, announced today that at a special meeting of its stockholders held on June 12, 2023, the Company’s stockholders voted in favor of a proposal to amend its amended and restated certificate of incorporation, as amended (the “Charter”), to extend the date by which the Company must consummate an initial business combination (the “Termination Date”) from June 17, 2023 to July 17, 2023 (the “Charter Extension Date”), and to allow the Company, without another stockholder vote, to elect to extend the Termination Date on a monthly basis for up to five times by an additional one month (or such shorter period as may be requested) each time after the Charter Extension Date, by resolution of the Company’s...

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Spirit Blockchain Capital Announces the Signing of a Letter of Intent to Acquire Troon Technologies, Propelling Industry Innovation and Growth

Vancouver, British Columbia, June 16, 2023 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (the “Company” or “Spirit“) (CSE: SPIR)‎, a leading digital asset investment firm, and Troon Technologies, a renowned technology solutions provider, are delighted to announce the entering into of a non-binding letter of intent (“LOI”) contemplating the acquisition of Troon Technologies by Spirit, marking a pivotal milestone in their shared pursuit of industry-leading innovation and growth (the “Transaction”). “We are thrilled to announce the signing of this letter of intent with Troon Technologies,” said Lewis Bateman, CEO of Spirit. “This LOI serves as a crucial step in establishing a mutual understanding and will pave the way for our successful negotiation and execution of the purchase agreement. This strategic partnership...

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Nexus Industrial REIT Acquires a 305,000 Square Foot Distribution Facility in London Ontario and Announces Q2 2023 Results Date and June and July Distributions

TORONTO, June 16, 2023 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that has completed the previously announced purchase of an industrial property in London Ontario. The REIT acquired an approximately 305,000 square foot single-tenant distribution facility in London Ontario. The property includes a brand new approximately 160,000 square foot expansion and features 32-foot clear heights, 45 truck-level doors and 8 drive-in doors. The $56.35 million acquisition was funded by the issuance of 2,359,978 Class B LP units valued at $10.30 per unit and the assumption of existing mortgage financing with an approximately 10-year remaining term at a rate of 4.93%. Q2 Results Date The REIT intends to release its financial results for the quarter ended June 30, 2023 before the opening of the TSX...

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

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...

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

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...

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BlueLinx Announces Expansion of Distribution Partnership with LP

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...

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