Day: August 18, 2023

Regency Centers Closes Acquisition of Urstadt Biddle Properties

Written by Customer Service on August 18, 2023. Posted in Mergers And Acquisitions.

JACKSONVILLE, Fla., Aug. 18, 2023 (GLOBE NEWSWIRE) — Regency Centers Corporation (“Regency”) (Nasdaq: REG) today announced the completion of its previously announced acquisition of Urstadt Biddle Properties Inc. (“Urstadt Biddle”) (NYSE: UBA and UBP) in an all-stock transaction. The combined company has a total equity market capitalization of more than $11 billion and an enterprise value of more than $16 billion. The transaction grows Regency’s footprint of high-quality, grocery-anchored shopping centers in premier suburban trade areas, and is expected to be immediately accretive to Core Operating Earnings (defined below) while maintaining Regency’s liquidity and balance sheet flexibility and strength. The newly-combined portfolio is comprised of 480 properties encompassing more than 56 million square feet of gross leasable area. “We...

Instant Loan Application Market to Surpass 8.79 Billion by 2030 Drives Due to Growing Use of Smartphones

Written by Customer Service on August 18, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the instant loan application market will attain a value of USD 8.79 billion by 2030, with a CAGR of 10.1% over the forecast period (2023-2030). Emerging technologies such as AI, machine learning, and blockchain are revolutionizing the instant loan application process and creating new avenues for growth in the instant loan application market. These technologies enable a seamless and efficient lending experience by automating various loan processing and decision-making aspects. Westford, USA, Aug. 18, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the growing global use of smartphones has increased demand for instant loan application market that offer fast and convenient loan processing from any location. As a result, providers of instant loan applications are under pressure to enhance their offerings to meet...

Brookfield Reinsurance Announces Exchange Offer

Written by Customer Service on August 18, 2023. Posted in Public Companies.

Offer will enable holders of Brookfield Corporation Class A Shares to voluntarily exchange into shares of Brookfield Reinsurance on a one-for-one basis BROOKFIELD, NEWS, Aug. 18, 2023 (GLOBE NEWSWIRE) — Brookfield Reinsurance (NYSE, TSX: BNRE) today announced its intention to commence an offer whereby holders of Class A Limited Voting Shares (“BN Shares”) of Brookfield Corporation (NYSE, TSX: BN) will have the opportunity to voluntarily exchange up to 40,000,000 BN Shares for newly-issued Brookfield Reinsurance Shares1 on a one-for-one basis. Brookfield Reinsurance is a “paired entity” to Brookfield Corporation, which enables the offer to be structured so that the equity base and market capitalization of Brookfield Reinsurance can be enhanced without any dilution to Brookfield Corporation or Brookfield Reinsurance shareholders. Sachin...

Fully-Automated Coffee Machine Market Set to Soar Past USD 6.2 Billion by 2030

Written by Customer Service on August 18, 2023. Posted in Mergers And Acquisitions.

The global Fully-Automated Coffee Machine market size is expected to reach USD 6.2 billion by 2030 and exhibit a CAGR of 4.4% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand for convenience and time-saving solutions, growing coffee consumption and appreciation for speciality coffee, technological advancements in coffee brewing and extraction methods, rising preference for customizable coffee options, shift towards home brewing and gourmet coffee experiences are fueling the market’s growth. Westford, USA, Aug. 18, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Fully-Automated Coffee Machine Market, increased adoption of mobile shopping and apps, growth of omnichannel retailing, the rise of subscription-based models and meal...

Rail Vision Announces Second Quarter 2023 Financial Results

Written by Customer Service on August 18, 2023. Posted in Earnings Releases And Operating Results.

RA’ANANA, Israel, Aug. 18, 2023 (GLOBE NEWSWIRE) — Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), a development stage technology company seeking to revolutionize railway safety and the data-related market, today reported financial results for the second quarter ended June 30, 2023. “We continued to strengthen our foundation during the second quarter, completing a series of transactions that raised gross proceeds of $6 million, including an additional investment by our largest shareholder, Knorr-Bremse,” commented Shahar Hania, CEO of Rail Vision. “In addition to fortifying our balance sheet, these transactions lay a robust base for accelerated growth as are growing number of proof-of-concept customers transition to larger purchase orders and contracts.” Hania continued, “The strength of our financial position...

Dominion Lending Centres Inc. Announces Quarterly Dividend

Written by Customer Service on August 18, 2023. Posted in Dividend Reports And Estimates.

VANCOUVER, British Columbia, Aug. 18, 2023 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that its Board of Directors has declared a cash dividend of $0.03 per class “A” common share that will be payable on September 15, 2023 to shareholders of record on September 1, 2023. The dividend will be designated as an “eligible dividend” for Canadian income tax purposes. About Dominion Lending Centres Inc. Dominion Lending Centres Inc. is Canada’s leading network of mortgage professionals. DLCG operates through Dominion Lending Centres Inc. and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc., and has operations across Canada. DLCG extensive network includes ~7,980 agents and ~541 locations....

Thumzup Surpasses 786 Percent Growth in Users* This Year

Written by Customer Service on August 18, 2023. Posted in Public Companies.

The Thumzup mobile appThumzup Media CorporationThe Thumzup mobile application has experienced significant increases in its users, advertisers, and weekly paid posts in 2023 Los Angeles, CA, Aug. 18, 2023 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) is excited to announce it has grown its userbase by over 786% since the start of 2023. The Thumzup mobile app, which is available for download in the App Store and Google Play, enables advertisers to garner user generated content from customers and fans, incentivizing them to become social media advocates for the brands they enjoy by paying them cash for approved posts. “We believe Thumzup’s platform is resonating with an increasing number of people in our target market and has the potential to experience viral...

Chart Industries completes the sale of its Roots™ business to Ingersoll Rand

Written by Customer Service on August 18, 2023. Posted in Mergers And Acquisitions.

ATLANTA, Ga., Aug. 18, 2023 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NYSE: GTLS) (“Chart”) announced that today it has closed its sale of the Roots™ business (“Roots”) to Ingersoll Rand Inc. (NYSE: IR) (“Ingersoll Rand”) for an all-cash purchase price of $300 million, representing an attractive low-teens adjusted EBITDA multiple. The proceeds from the sale are being used for debt paydown. Roots is a leading provider of low-pressure compression and vacuum technologies. As part of the transaction, Ingersoll Rand assumed ownership of the Connersville, Indiana (USA) manufacturing facility and is retaining approximately 300 team members. “The completion of the sale of Roots™ to Ingersoll Rand, a proven strategic partner to us, is a key step in the acceleration of our deleveraging plan,” stated Jill Evanko, Chart’s CEO...

Missfresh Limited to Hold Annual General Meeting on September 15, 2023

Written by Customer Service on August 18, 2023. Posted in Public Companies.

BEIJING, China, Aug. 18, 2023 (GLOBE NEWSWIRE) — Missfresh Limited (“Missfresh” or the “Company”) (NASDAQ: MF), today announced that it will hold an annual general meeting of shareholders (the “AGM”) virtually held at https://meeting.tencent.com/dw/9lPeKAxZAu6p on September 15, 2023 at 9:00 A.M. (Beijing time), for the purposes of considering and, if thought fit, passing each of the proposed resolutions set forth in the notice of the AGM (the “AGM Notice”). The AGM Notice, which contains details of these proposed resolutions, and the form of proxy cards for the AGM are available on the Company’s investor relations website at https://ir.missfresh.cn and are also being furnished today on a Form 6-K to the U.S. Securities and Exchange Commission (“SEC”). The board of directors of the Company fully supports the proposed resolutions...

Augmedix Announces Participation in Upcoming Investor Conferences in September 2023

Written by Customer Service on August 18, 2023. Posted in Public Companies.

SAN FRANCISCO, Aug. 18, 2023 (GLOBE NEWSWIRE) — Augmedix (Nasdaq: AUGX), a healthcare technology company that delivers industry-leading ambient medical documentation and data solutions to healthcare systems, physician practices, hospitals, and telemedicine practitioners, today announced that it will participate in the following investor conferences during September 2023.Wells Fargo Healthcare Conference, September 6-8, 2023, Boston: Manny Krakaris, Chief Executive Officer, and Paul Ginocchio, Chief Financial Officer, will host one-on-one investor meetings during the conference. Lake Street Best Ideas Growth Conference, September 14, 2023, New York: Mr. Krakaris and Mr. Ginocchio will host one-on-one investor meetings during the conference. Cantor Fitzgerald Global Healthcare Conference, September 26-28, 2023, New York: Mr. Krakaris...

Day: August 18, 2023

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