Month: June 2023

IGM Announces Proposed Public Offering and Concurrent Private Placement

Written by Customer Service on June 21, 2023. Posted in Public Companies.

MOUNTAIN VIEW, Calif., June 21, 2023 (GLOBE NEWSWIRE) — IGM Biosciences, Inc. (NASDAQ: IGMS) today announced that it intends to offer and sell an aggregate of $100.0 million of shares of its common stock and, in lieu of common stock to certain investors that so choose, non-voting common stock, in an underwritten public offering and concurrent private placement. In addition, IGM intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares offered in the public offering at the public offering price, less underwriting discounts and commissions. All of the securities offered in the proposed public offering will be sold by IGM. Concurrent with the proposed public offering, IGM intends to sell, subject to the consummation of the proposed public offering and other customary conditions, in a private...

Regional Health Properties, Inc. Reminds Shareholders of Upcoming Special Meeting and Encourages Shareholders to Vote

Written by Customer Service on June 21, 2023. Posted in Public Companies.

ATLANTA, GA, June 21, 2023 (GLOBE NEWSWIRE) — Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHE-PA) (“RHE” or the “Company”) reminds its shareholders to vote at the upcoming special meeting (the “Special Meeting”) of the holders of the Company’s 10.875% Series A Cumulative Redeemable Preferred Shares (the “Series A Preferred Stock”) and the holders of the Company’s common stock (the “Common Stock”) and Series E Redeemable Preferred Shares (the “Series E Preferred Stock”) to be held on Tuesday, June 27, 2023 at 10:00 a.m., Eastern Time, at Sonesta Gwinnett Place Atlanta, located at 1775 Pleasant Hill Road, Duluth, Georgia. As previously announced, the Company commenced an offer to exchange (the “Exchange Offer”) any and all of its outstanding shares of Series A Preferred Stock for newly issued shares of the...

Petrus Resources Announces Credit Facility Increase and Approval For Normal Course Issuer Bid

Written by Customer Service on June 21, 2023. Posted in Public Companies.

CALGARY, Alberta, June 21, 2023 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce an increase to its Senior Secured Credit Facility (“Credit Facility”). Petrus’ lender, ATB Financial, has completed their semi-annual borrowing base redetermination and have agreed to increase the borrowing limit from $30.0 million to $45.0 million. The Credit Facility is payable on demand by the lender and the next semi-annual review is scheduled on or before November 30, 2023. The increase demonstrates confidence in the Company and our strategic direction. A combination of debt reduction and production growth have bolstered Petrus’ financial position and strengthened our balance sheet, which will allow us to continue to actively pursue our corporate objectives. Petrus is...

Fairfax India Completes Acquisition of an Additional 3% Interest in Bangalore International Airport Limited

Written by Customer Service on June 21, 2023. Posted in Mergers And Acquisitions.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted) TORONTO, June 21, 2023 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, through its wholly-owned subsidiary, it has completed the acquisition of an additional 3% equity interest in Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH, part of Siemens’ Financial Services (“SFS”), for consideration of $75 million (approximately INR 6.2 billion at current exchange rates). As a result of the closing of the first transaction, Fairfax India’s aggregate share ownership in BIAL has increased to 57% (13.4% held by its wholly-owned subsidiary and 43.6%...

CVB Financial Corp. Announces 135th Consecutive Cash Dividend

Written by Customer Service on June 21, 2023. Posted in Dividend Reports And Estimates.

ONTARIO, Calif., June 21, 2023 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 2023. This dividend was approved at the Company’s regularly scheduled Board of Directors meeting held on June 21, 2023. The quarterly dividend will be payable on or about July 20, 2023 to shareholders of record as of July 6, 2023. “We are pleased to announce our 135th consecutive cash dividend paid to our shareholders,” said David A. Brager, President and Chief Executive Officer. Corporate Overview CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with over $16 billion in total assets. Citizens Business Bank is consistently...

Avid Bioservices Reports Financial Results for Fourth Quarter and Fiscal Year Ended April 30, 2023

Written by Customer Service on June 21, 2023. Posted in Earnings Releases And Operating Results.

— Fourth Quarter and Full Year Revenue of $39.8 Million and $149.3 Million, Respectively, Both Represent a Record-High Achievement — — Signed $55 Million in Net New Business Orders Resulting in a Record-High Backlog of $191 Million — — Mammalian Cell Manufacturing and Process Development Facility Expansions Currently Online and Active, Adding Approximately $120 Million of Annual Revenue Generating Capacity — — Cell and Gene Therapy Facility Expansion Remains on Schedule; Expected to be Online by End of Calendar Q3 2023 — — FY 2024 Revenue Guidance of Between $145 Million and $165 Million — TUSTIN, Calif., June 21, 2023 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ:CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve...

Steelcase Reports First Quarter Fiscal 2024 Results

Written by Customer Service on June 21, 2023. Posted in Earnings Releases And Operating Results.

Year-over-year revenue and earnings growth realized in very dynamic environment Gross margin improvement of 530 basis points compared to the prior year driven by pricing benefits and operational efficiencies Outlook projects first half of fiscal 2024 being ahead of pace against full year financial targetsGRAND RAPIDS, Mich., June 21, 2023 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $751.9 million, net income of $1.5 million, or $0.01 per share, and adjusted earnings per share of $0.09. In the prior year, Steelcase reported revenue of $740.7 million, a net loss of $11.4 million, or $0.10 per share, and an adjusted loss per share of $0.05. Revenue and order growth (decline) compared to the prior year were as follows: Q1 2024 vs. Q1 2023 RevenueGrowth (Decline) Organic Revenue...

Toll Brothers Announces New Luxury Townhome Community Coming Soon to Colorado Springs

Written by Customer Service on June 21, 2023. Posted in Public Companies.

Heights at Cottonwood Creek by Toll Brothers “Our floor plans at Heights at Cottonwood Creek feature an array of personalization options and are designed for today’s home buyers, offering residents the best in luxury townhome living in northern Colorado Springs with beautiful community views of the front range,”said Eric Hunter, Division President of Toll Brothers in Colorado Springs.Heights at Cottonwood Creek by Toll Brothers Toll Brothers newest townhome community, Heights at Cottonwood Creek, is coming soon to Colorado Springs.COLORADO SPRINGS, Colo., June 21, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced a new townhome community, Heights at Cottonwood Creek, is coming soon to Colorado Springs. The community will be located near the intersection...

Osisko Metals Announces “Best Efforts” Private Placement of up to $3 Million of Flow-Through Shares

Written by Customer Service on June 21, 2023. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, June 21, 2023 (GLOBE NEWSWIRE) — Osisko Metals Incorporated (the “Company” or “Osisko Metals“) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce the terms of a proposed “best efforts” private placement offering of up to 7,500,000 common shares of the Company (each, a “FT Share“) that will qualify as “flow-through shares” within the meaning of the Income Tax Act (Canada) (the “Tax Act“) and the Taxation Act (Québec) at a price of $0.40 per FT Share (the “Offering Price“) for gross proceeds to the Company of up to $3,000,000 (exclusive of the Agents’ Option (as defined herein)) (the “Offering“). The Offering will be...

TerrAscend Receives Conditional Approval to List on the TSX

Written by Customer Service on June 21, 2023. Posted in Public Companies.

TORONTO, June 21, 2023 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to list its common shares (the “Common Shares”) on the TSX (the “TSX Listing”). “I would like to express my sincere appreciation to the teams at the TSX, TerrAscend and Cassels for working so hard to get us to this point. I speak for everyone at TerrAscend when I say we are honored to be in the position to blaze this trail for the industry,” stated Jason Wild, Executive Chairman of TerrAscend. “We have an exciting future ahead of us and we can’t wait to share the TerrAscend story with the larger audience of participants that this listing brings.” Final approval of the...

Month: June 2023

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