NEO Battery Materials Announces Minimum Financing in Connection with Change of Business into a Technology Issuer

Written by Customer Service on June 30, 2023. Posted in Public Companies.

TORONTO, June 30, 2023 (GLOBE NEWSWIRE) — (TSXV: NBM) (OTCQB: NBMFF) NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, announces a financing to raise a minimum of $3.9 million CAD in connection with the Change of Business (“COB”) into an Industrial, Technology, or Life Sciences Tier 2 Issuer. The Company has yet to finalize the term, nature and/or price of each Unit of the financing. The net proceeds of the financing will primarily be utilized for groundwork for the South Korean silicon anode commercial plant, material & equipment procurement, North American R&D expansion, and general working capital. The financing is subject to compliance with applicable securities laws and approval of the TSX Venture...

HighPeak Energy, Inc. Announces Financing Update

Written by Customer Service on June 30, 2023. Posted in Public Companies.

FORT WORTH, Texas, June 30, 2023 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today provided the following financing update. Financing Update The Company is currently evaluating multiple prospective financing arrangements to refinance its February 2024 Senior Notes (“February Notes”) and November 2024 Senior Notes (together with the February Notes, the “Existing Notes”) and enhance liquidity. Although the Company continues to progress its refinancing efforts, it no longer anticipates consummating the conditional redemption of its Existing Notes on June 30, 2023 as contemplated by the conditional notice of redemption therefor previously delivered to the holders of such Existing Notes. As a result of the Company’s ongoing refinancing process, the Administrative Agent under the Company’s Credit...

ReWalk Robotics Applauds Medicare Proposal to Include Personal Exoskeletons in a Medicare Benefit Category to be Paid on a Lump Sum Basis

Written by Customer Service on June 30, 2023. Posted in Public Companies.

Proposed benefit category assignment represents a positive step in facilitating Medicare coverage of personal exoskeletons for qualified individuals with spinal cord injury (SCI). ReWalk Robotics is collaborating with key stakeholders during public comment period to support the proposal to further enhance access for Medicare beneficiaries. MARLBOROUGH, Mass. and YOKNEAM ILLIT, Israel, June 30, 2023 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (Nasdaq:RWLK) (“ReWalk” or “the Company”), a leading provider of innovative technologies that enable mobility and wellness in rehabilitation and daily life for individuals with neurological conditions, applauds the Centers for Medicare & Medicaid Services (“CMS”) proposal to include personal exoskeletons in the Medicare benefit category for braces. CMS issued the proposal as part of the Calendar...

ValOre Provides Update on Previously Announced Re-Pricing of Options and Warrants

Written by Customer Service on June 30, 2023. Posted in Public Companies.

Not for distribution to United States newswire services or for dissemination in the United States. VANCOUVER, British Columbia, June 30, 2023 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, “the Company”) today announced an update to its previously announced option and warrant re-pricing following the successful disposition of its Angilak Property on June 19, 2023. The TSV Venture Exchange (the “TSXV”) has confirmed that it will accept for filing, subject to satisfaction of its policies, a repricing of ValOre’s convertible securities so as to reflect the new value of ValOre’s equity after completion of its disposition of the Angilak Property, with the exercise price of such securities being adjusted to equal the volume weighted average trading price of the common shares of ValOre on the...

Sientra Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Written by Customer Service on June 30, 2023. Posted in Public Companies.

IRVINE, Calif., June 30, 2023 (GLOBE NEWSWIRE) — Sientra, Inc. (NASDAQ:SIEN) (“Sientra” or the “Company”), a medical aesthetics company uniquely focused on plastic surgeons, today announced that on June 27, 2023, the Company approved equity award grants under the Sientra Inc. Inducement Plan to 20 new employees. The new employees were granted restricted stock units representing a total of 85,750 shares of common stock. The restricted stock units will vest in time-based installments beginning on the grant date. In each case, the vesting of shares is contingent upon the recipient’s continued service with the Company through each vesting date. The grants were made as an inducement that was a material component of each person’s compensation and subsequent acceptance of employment with the Company and were granted as employment inducement...

ASTROTECH BOARD UNANIMOUSLY REJECTS UNSOLICITED ACQUISITION PROPOSAL FROM BML INVESTMENT PARTNERS, L.P.

Written by Customer Service on June 30, 2023. Posted in Public Companies.

Determines Proposal is Opportunistic, Significantly Undervalues the Company, Does Not Reflect the Company’s True Intrinsic Value or Prospects and is Not in the Best Interests of Stockholders AUSTIN, Texas, June 30, 2023 (GLOBE NEWSWIRE) — Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) today announced that its Board of Directors (the “Board”) has unanimously rejected the unsolicited acquisition proposal from BML Investment Partners, L.P. (“BML”), received on June 26, 2023, to acquire all of the outstanding shares of common stock of the Company for $17.25 per share in cash (the “Proposal”). After a thorough review, in consultation with management and its legal advisors, the Board unanimously determined to reject the Proposal because it is not in the best interest of the Company’s stockholders for the reasons...

GEN Restaurant Group Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Written by Customer Service on June 30, 2023. Posted in Public Companies.

CERRITOS, Calif., June 30, 2023 (GLOBE NEWSWIRE) — GEN Restaurant Group, Inc. (the “Company” or “GEN”) (NASDAQ: GENK), owner of GEN Korean BBQ, a fast-growing experiential Asian dining concept, announced today the closing of its initial public offering of 3,600,000 shares of its Class A common stock at a price of $12.00 per share, and the full exercise by the underwriters of their option to purchase an additional 540,000 shares of Class A common stock. The Company received proceeds from the offering, net of the underwriters’ discount, of approximately $46.2 million. The Class A common stock began trading on the Nasdaq Global Market under the symbol “GENK” on June 28, 2023. Roth Capital Partners acted as sole book-running manager and representative of the underwriters for the offering. Craig-Hallum Capital Group and The Benchmark...

<div>Ryman Hospitality Properties, Inc. Closes Acquisition of JW Marriott San Antonio Hill Country Resort & Spa from Blackstone Real Estate Income Trust, Inc.</div>

Ryman Hospitality Properties, Inc. Closes Acquisition of JW Marriott San Antonio Hill Country Resort & Spa from Blackstone Real Estate Income Trust, Inc.

Written by Customer Service on June 30, 2023. Posted in Mergers And Acquisitions.

NASHVILLE, Tenn., June 30, 2023 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) announced today it has closed the previously announced acquisition of the JW Marriott San Antonio Hill Country Resort & Spa (“JW Hill Country”) in San Antonio, Texas from Blackstone Real Estate Income Trust, Inc. Mark Fioravanti, President and Chief Executive Officer of Ryman Hospitality Properties, said, “I want to thank our Ryman team and the Blackstone team for facilitating a smooth closing process. We are excited to begin integrating this beautiful resort into our one-of-a-kind portfolio of group hotels and look forward to pursuing additional value creation opportunities at this property and throughout our portfolio.” Located amid approximately 640 acres in the Texas Hill Country, the JW Marriott Hill Country, which...

Bitcoin Depot and GSR II Meteora Acquisition Corp. Announce Closing of Business Combination

Written by Customer Service on June 30, 2023. Posted in Mergers And Acquisitions.

Bitcoin Depot to Begin Trading on July 3rd on the Nasdaq Under New Ticker Symbol “BTM” ATLANTA and NEW YORK, June 30, 2023 (GLOBE NEWSWIRE) — Lux Vending, LLC dba Bitcoin Depot (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, and GSR II Meteora Acquisition Corp. (NASDAQ: GSRM) (“GSRM”), a special purpose acquisition company, today announced the successful closing of their previously announced business combination (the “Business Combination”). The Business Combination was approved at a special meeting of GSRM stockholders on June 28, 2023 and closed on June 30, 2023. The combined company will be renamed Bitcoin Depot Inc. and will be led by its existing management team. Bitcoin Depot’s common stock and public warrants are expected to begin trading on July 3, 2023 on the Nasdaq under...

Results of Operations for the Three Months Ended March 31, 2023 – American Overseas Group Limited Announces Net Income Of $1.4 Million For the Three Months March 31, 2023

Written by Customer Service on June 30, 2023. Posted in Earnings Releases And Operating Results.

HAMILTON, Bermuda, June 30, 2023 (GLOBE NEWSWIRE) — American Overseas Group Limited BSX: AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today reported consolidated net income available to common shareholders of $1.4 million, or $30.44 per diluted share, for the three months ended March 31, 2023. This compares to consolidated net income available to common shareholders of $0.7 million, or $15.06 per diluted share, for the three months ended March 31, 2022. Book value per weighted share at March 31, 2023 was $798.21, a decline from the book value per weighted share of $850.78 at March 31, 2022. For the three months ended March 31, 2023, net earned property and casualty premiums increased $0.5 million from $5.1 million a year ago to $5.6 million. Quarter to Date fee income increased $0.5 million from $3.3 million to $3.8...

Month: June 2023

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