Day: August 15, 2023

Horizon Aircraft, an electric Vertical TakeOff and Landing (eVTOL) aircraft developer, announces the signing of a definitive agreement to go public via a business combination with Pono Capital Three, Inc., a Nasdaq listed company.

Written by Customer Service on August 15, 2023. Posted in Public Companies.

Honolulu, Hawaii and Toronto, Canada, Aug. 15, 2023 (GLOBE NEWSWIRE) — Pono Capital Three, Inc. (NASDAQ: PTHR, PTHRU and PTHRW), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Business Combination Agreement (the “Business Combination Agreement”) with Robinson Aircraft Ltd. (the “Target Company”), a British Columbia company doing business as Horizon Aircraft (“Horizon Aircraft”). Pursuant to the Business Combination Agreement, it is intended that the Target Company will amalgamate with Pono Three Merger Sub, Inc., a wholly owned subsidiary of Pono, with the resulting combined company continuing as a wholly owned subsidiary of Pono. Stockholders of the Target Company will receive shares of common stock of Pono (the “Business Combination”). In connection with the Business Combination, it...

ERES REIT Declares August 2023 Monthly Distribution

Written by Customer Service on August 15, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the August 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “August Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on August 31, 2023, with payment on September 15, 2023. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01462 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

CAPREIT Announces August 2023 Distribution

Written by Customer Service on August 15, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its August 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The August distribution will be payable on September 15, 2023 to Unitholders of record on August 31, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at June 30, 2023, CAPREIT owns approximately 65,000 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $17 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more information about CAPREIT,...

Peyto Exploration & Development Corp. Confirms Monthly Dividend for September 15, 2023

Written by Customer Service on August 15, 2023. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, Aug. 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to August 2023 of $0.11 per common share is to be paid on September 15, 2023, for shareholders of record on August 31, 2023. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact: Jean-Paul LachancePresident and...

Arhaus Announces Secondary Offering of Class A Common Stock by Selling Stockholders

Written by Customer Service on August 15, 2023. Posted in Public Companies.

BOSTON HEIGHTS, Ohio, Aug. 15, 2023 (GLOBE NEWSWIRE) — Arhaus, Inc. (Nasdaq: ARHS) (“Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, announced today that certain selling stockholders affiliated with Freeman Spogli & Co. (collectively, the “Selling Stockholders”) have commenced an underwritten public offering of 12 million shares of the Company’s Class A common stock (the “Offering”). Additionally, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1.8 million shares of the Company’s Class A common stock. The proposed Offering is subject to market conditions, and there can be no assurance as to whether or when the proposed Offering may be completed or as to the actual size or terms of the...

Fat Projects Acquisition Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination to September 15, 2023

Written by Customer Service on August 15, 2023. Posted in Mergers And Acquisitions.

SINGAPORE, Aug. 15, 2023 (GLOBE NEWSWIRE) — Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP”), a special purpose acquisition company, announced today the deposit into the Company’s trust account of an aggregate of $24,279.65 representing $0.05 per share for each of its 485,593 outstanding publicly held Class A ordinary shares. The deposit enables the Company to extend the period of time it has to consummate its initial business combination by one month from August 15, 2023 to September 15, 2023 (the “Extension”). The Extension is the fifth of up to nine one-month extensions permitted under the Company’s governing documents. The funds came from the working capital of the Company raised from non-interest-bearing loans from affiliates of the Company’s Sponsor, directors or officers. The Extension provides the Company...

Relativity Acquisition Corp. Announces Confidential Submission of Registration Statement on Form S-4 Related to Proposed Merger with SVES

Written by Customer Service on August 15, 2023. Posted in Mergers And Acquisitions.

New York, NY, Aug. 15, 2023 (GLOBE NEWSWIRE) — Relativity Acquisition Corp. (“Relativity”) (Nasdaq: RACY) announced today that a confidential submission was made to the Securities and Exchange Commission (“SEC”), for receipt by the SEC on August 14, 2021, of a draft registration statement on Form S-4 (the “Registration Statement”) relating to its previously announced proposed business combination (the “Business Combination”) with SVES LLC, SVES GO, LLC, SVES CP LLC and SVES Apparel LLC (collectively, “SVES”), an off-price apparel distribution company based in Florida. About SVES SVES is a leading wholesale distributor of discount and off-price fashion. SVES delivers differentiated garment and accessory assortments to major off-price retailers in North America and Europe. The SVES management team is led by off-price industry veterans,...

Buoyed by Strong Liquidity and Deposit Stability, TrustCo Declares Dividend

Written by Customer Service on August 15, 2023. Posted in Dividend Reports And Estimates.

GLENVILLE, N.Y., Aug. 15, 2023 (GLOBE NEWSWIRE) — The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on August 15, 2023, declared a quarterly cash dividend of $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on October 2, 2023 to shareholders of record at the close of business on September 1, 2023. Chairman, President, and Chief Executive Officer Robert J. McCormick said: “Offering industry-leading mortgage products enabled us to grow our total loans under challenging economic and market conditions. That loan growth is supported by deposit stability that is the product of deep Home-Town ties and strong customer relationships. We are very proud to maintain our century-long history of meaningful quarterly dividends.” About TrustCo Bank Corp NY TrustCo Bank Corp NY is a $6.1...

Telos Corporation becomes TSA’s second official TSA PreCheck® enrollment provider

Written by Customer Service on August 15, 2023. Posted in Public Companies.

TSA PreCheck by Telos CorporationTelos Corporation becomes TSA’s second official TSA PreCheck® enrollment provider.WASHINGTON, Aug. 15, 2023 (GLOBE NEWSWIRE) — The Transportation Security Administration (TSA) announced today that it is expanding TSA PreCheck® with Telos Corporation, which is now offering TSA PreCheck enrollment services at 10 locations. Since TSA first launched the TSA PreCheck application program as a DHS Trusted Traveler Program for low-risk travelers in December 2013, active membership in the program has grown to more than 15 million passengers. “TSA PreCheck is a trusted traveler program that improves overall aviation security and provides time and convenience benefits to its members,” said TSA Administrator David Pekoske. “This expansion of enrollment providers will increase the network of locations...

Occidental Enters into Agreement to Acquire Direct Air Capture Technology Innovator Carbon Engineering

Written by Customer Service on August 15, 2023. Posted in Mergers And Acquisitions.

Integration of Occidental’s operations experience and Carbon Engineering’s technology improves cost and capital efficiencies, and enables Occidental to catalyze broader partnerships for DAC deployment HOUSTON, Aug. 15, 2023 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced that a wholly owned subsidiary has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. for total cash consideration of approximately $1.1 billion, to be made in three approximately equivalent annual payments, with the first at closing. This transaction is expected to close before the end of 2023, subject to Canadian court reviews, Canadian and U.S. regulatory approvals and other customary closing conditions. Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment...

Day: August 15, 2023

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