Month: August 2023

Churchill Announces Acquisition of 100% Interest in Taylor Brook Properties

Written by Customer Service on August 31, 2023. Posted in Mergers And Acquisitions.

TORONTO, Aug. 31, 2023 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that it has exercised two existing options to acquire a 100% interest in certain mineral properties with prospective potential nickel and located immediately adjacent to the Company’s licenses at Taylor Brook (the “Properties“). The Company entered into two option agreements on August 30th, 2020 (the “Option Agreements“) with Terrence Russell and Darrin Hicks, respectively (collectively, the “Vendors”) to acquire a 100% interest in the Properties, subject to a 2.0% net smelter royalty (“the Russell and Hicks NSRs”) on metals and minerals on the Properties in favour of the Vendors (the “Transaction”). The Company may buy back 1.0% of the NSR for $1.0 million and retains the first...

The Lovesac Company Reports Preliminary Second Quarter Fiscal Year 2024 Results

Written by Customer Service on August 31, 2023. Posted in Earnings Releases And Operating Results.

Company Continues to Work Expeditiously to Complete Previously Announced Financial Restatements and File Fiscal 2023 Form 10-K and First Quarter Fiscal 2024 Form 10-Q Postpones Release of Final Second Quarter Fiscal 2024 Results STAMFORD, Conn., Aug. 31, 2023 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World’s Most Adaptable Couch, today provided a business update as it works to complete its previously announced financial restatements and file its amended Form 10-K for the fiscal year ended January 29, 2023 and amended Form 10-Q for the fiscal quarter ended April 30, 2023. The Company also announced that it expects a delay in filing its Quarterly Report on Form 10-Q for the fiscal quarter ended July 30, 2023 in light of the...

PGS ASA: Settlement price of 2020 long-term incentive plan

Written by Customer Service on August 31, 2023. Posted in Public Companies.

Reference is made to PGS’ stock exchange release published August 25, 2023 regarding settlement of 2020 long-term incentive plan. The payment has been determined based on a selling price of NOK 7.3604 per share. Primary insider notifications pursuant to the Market Abuse Regulation article 19 are attached. For details, contact: Bård Stenberg, VP IR & Corporate Communication Mobile: +47 99 24 52 35AttachmentStock Exchange Notice PDMR notification APPENDIX 2020 no 02

Vision Sensing Acquisition Corp. Announces Intention to Extend Period to Consummate Initial Business Combination to October 3, 2023

Written by Customer Service on August 31, 2023. Posted in Public Companies.

MIAMI, Aug. 31, 2023 (GLOBE NEWSWIRE) — Vision Sensing Acquisition Corp. (NASDAQ: VSACU, VSAC, VSACW) (the “Company”) a special purpose acquisition company, announced today that it has notified Continental Stock Transfer & Trust Company that it intends to extend the date by which the Company must consummate its initial business combination from September 3, 2023 to October 3, 2023 and that its sponsor, Vision Sensing, LLC, intends to deposit into the Company’s trust account an aggregate of $72,562.86 by September 5, 2023 (the “Extension”). In connection with the Extension, the Company intends to issue to its sponsor a non-interest bearing, unsecured promissory note in the principal amount of $72,562.86 as consideration for the funding. This will be the fifth of up to six one-month extensions that the Company is authorized...

NexImmune Announces Workforce Reduction to Enable Continued AIMTM Nanoparticle Platform Development Strategy

Written by Customer Service on August 31, 2023. Posted in Public Companies.

Company retains core capabilities to continue to advance its nanoparticle injection (AIM INJ) platform and potential product candidates in oncology and autoimmune diseasesGAITHERSBURG, Md., Aug. 31, 2023 (GLOBE NEWSWIRE) — NexImmune, Inc. a biotechnology company developing a novel approach to immunotherapy designed to orchestrate a targeted immune response by directing the function of antigen-specific T cells in oncology, autoimmune and infectious diseases, today announced that, in order to reduce its cash expenditures while continuing to pursue its existing strategic plan, its Board of Directors approved and its management is implementing an approximately 53% reduction in workforce, designed to reduce costs and extend the Company’s cash. The realignment will reduce the Company’s workforce from 47 to 22 full-time employees as...

Fanatics Betting and Gaming Closes First Wave of States in its Acquisition of the US Businesses of PointsBet

Written by Customer Service on August 31, 2023. Posted in Mergers And Acquisitions.

PointsBet, A Fanatics Experience LogoNew logo for PointsBet, A Fanatics ExperienceA Rebrand to “PointsBet, a Fanatics Experience” will occur on a state-by-state basis Fanatics Betting and Gaming will now have a portfolio of brands live in 11 legal sports betting states as football season begins, with more to close soon NEW YORK, Aug. 31, 2023 (GLOBE NEWSWIRE) — Today, Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc., closed on the first eight states in its previously announced acquisition of the U.S. businesses of PointsBet USA. The acquisition transforms Fanatics Betting and Gaming into a premier online gaming operator with proven products in sports betting and iCasino. On June 30, 2023, PointsBet Shareholders in Australia approved a Stock and Equity Sale Agreement with Fanatics Betting and Gaming...

SageHome acquires Colorado Living, accelerating its growth and reach

Written by Customer Service on August 31, 2023. Posted in Mergers And Acquisitions.

ATLANTA, Aug. 31, 2023 (GLOBE NEWSWIRE) — SageHome, the aging-in-place specialist, is pleased to announce its acquisition of Colorado Living LLC, underlining its position as the largest provider of aging-in-place bath remodeling services in the United States. This acquisition extends SageHome’s operations to 21 states with a combined revenue of over $130 million and 400 employees. It also launches SageHome’s presence in the Mountain region and creates a platform for further growth across the West. Founded in 2014, Colorado Living is a premier bath remodeling company specializing in fast one-day installations for seniors and others with access difficulties. The company has two go-to-market brands – Colorado Living serving Colorado and Wyoming from Colorado Springs and Denver, and One Day Bath, located in Salt Lake City, serving...

New York Jets Name Dime Community Bank Official Private Banking Partner

Written by Customer Service on August 31, 2023. Posted in Public Companies.

HAUPPAUGE N.Y., Aug. 31, 2023 (GLOBE NEWSWIRE) — The New York Jets and Dime Community Bank, a respected financial institution that contributes to the success of businesses and individuals across New York, have announced a multi-year partnership. The agreement gives Dime Community Bank the exclusive designation of “Official Private Banking Partner of the New York Jets”. “These two brands share a similar passion for Jets Football and a reputation for serving the community of New York,” said Jeff Fernandez, the Jets Vice President of Business Development + Ventures. “We are excited for the collaboration of these two well-respected organizations to help create a foundation of partnership for years to come.” Highlights of this partnership include presenting partnership of SNY’s Jets Game Plan, airing every Thursday night throughout...

Quanex Building Products Announces Third Quarter 2023 Results and Updates Full Year 2023 Guidance

Written by Customer Service on August 31, 2023. Posted in Earnings Releases And Operating Results.

Record Quarter for EarningsMargin Expansion Across All Operating SegmentsRepaid $25 Million in Bank DebtBalance Sheet and Liquidity Remain StrongSolid Improvement in Cash Provided by Operating Activities HOUSTON, Aug. 31, 2023 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months ended July 31, 2023. The Company reported the following selected financial results: Three Months Ended July 31, Nine Months Ended July 31,($ in millions, except per share data) 2023 2022 2023 2022Net Sales $299.6 $324.0 $835.1 $914.0Gross Margin $78.6 $72.6 $197.5 $201.0Gross Margin % 26.2% 22.4% 23.7% 22.0%Net Income $31.7 $25.9 $55.1 $63.7Diluted EPS $0.96 $0.78 $1.67 $1.91 Adjusted...

Bay Club Continues to Deliver on Growth Strategy With Bay Area Country Club Acquisition

Written by Customer Service on August 31, 2023. Posted in Mergers And Acquisitions.

Bay Club Acquires Crow Canyon Country Club as Part of Growth Strategy in Bay AreaThe acquisition of Crow Canyon Country Club strengthens Bay Club’s active lifestyle portfolio throughout the Bay Area, joining their Walnut Creek and Pleasanton locations.SAN FRANCISCO, Aug. 31, 2023 (GLOBE NEWSWIRE) — The Bay Club Company (“Bay Club”) proudly announces the first milestone that underscores a continued growth plan along the West Coast–the acquisition of Crow Canyon Country Club (“Crow Canyon”). Crow Canyon’s acquisition and subsequent expansion mark a pivotal step forward as Bay Club embarks on a significant trajectory of growth. By year-end, the company’s footprint will expand to encompass more than 25 locations, including 11 Campuses, 135,000 members, and a workforce exceeding 4,000...

Month: August 2023

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