Month: September 2023
The Hague, September 30, 2023 – Aegon’s Extraordinary General Meeting of shareholders (EGM) today approved the cross-border conversion into a Bermuda Limited company. After the completion of the EGM, the change of Aegon’s legal seat to Bermuda has been effectuated, as a result of which the company became a Bermuda entity: Aegon Ltd. As of October 1, 2023, the Bermuda Monetary Authority will be Aegon’s group supervisor.
Aegon shares will continue to be listed on Euronext Amsterdam (AGN) and NYSE (AEG). As at market open on October 2, 2023, trading will commence in Aegon Ltd. shares. The identifiers (such as the ISIN) of the Aegon shares will change:the Aegon Ltd. common shares will have the ISIN BMG0112X1056; and
the Aegon Ltd. common shares held in New York registry form will have the ISIN US0076CA1045 and the CUSIP 0076CA 104.1More...
Vow ASA: Order received to double production capacity at VGM’s Follum factory
Written by Customer Service on . Posted in Public Companies.
On September 30th, 2023, Vow ASA announced that it has received an order from Vow Green Metals AS to enhance the production capacity at their biocarbon production plant in Hønefoss, Norway.
This order is an extension of the equipment order received in October 2021, resulting in a new total contract value of NOK 332 million.
In addition to some modification on the original equipment order, the expansion will involve the addition of a new process line, effectively doubling the factory’s capacity. This will enable the production of up to 20,000 tons of biocarbon annually.
The increased capacity is made possible by utilizing self-sufficient renewable gas to power the new reactor technology developed and manufactured by Vow’s subsidiary, C. H. Evensen Industriovner AS. This ensures that the expanded capacity remains within the site’s...
RevoluGROUP Canada Inc., Announces Simon Tsu, CFA, Appointed as the New Chief Financial Officer and Corporate Secretary
Written by Customer Service on . Posted in Public Companies.
Vancouver, BC, Sept. 29, 2023 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (“the Company”) is pleased to announce the appointment of Simon Tsu, CFA, CPA, as the new Chief Financial Officer (CFO) and Corporate Secretary, effective October 1, 2023. His in-depth experience and leadership will bring significant value to our business operations.
Simon will be stepping into the shoes of the outgoing CFO, Jason Tong, and Corporate Secretary, Derek Sobel, who have resigned effective September 30, 2023. We extend our utmost gratitude to Jason and Derek for their dedication, enthusiasm, and passion during their tenure. Their contributions have been instrumental in shaping our growth trajectory, and we wish them every success in the future.
Simon has a wealth of financial experience underpinned by his Chartered...
Volaris successfully completes Ps. $1.5 billion Asset-Backed Trust Notes Offering
Written by Customer Service on . Posted in Public Companies.
MEXICO CITY, Sept. 29, 2023 (GLOBE NEWSWIRE) — Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, has successfully concluded the issuance of 15 million asset-backed trust notes (the “Trust Notes”) in Mexico under the ticker VOLARCB 23, totaling Ps. $1.5 billion.
This is the third offering under the program authorized by the Mexican National Banking and Securities Commission for an amount of up to Ps. $5.0 billion.
These Trust Notes are backed by future collection rights under agreements entered with credit card processors for the sale of airline tickets and other related services through VISA and Mastercard credit cards, through our internet portal, travel agencies, call...
WISeKey Announces First Half 2023 Financial Results
Written by Customer Service on . Posted in Public Companies.
WISeKey Announces First Half 2023 Financial Results
Reports 39% Increase in Revenue and 69% Increase in Gross ProfitSubstantial Pipeline of New Business Opportunities for All Verticals
Conference Call Scheduled for Monday, October 2 at 12:00 pm ET (6:00 pm CET)
GENEVA – September 29, 2023 – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules– WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, today announced its first half 2023 (H1 2023) financial results.
H1 2023 Key Financial Milestones39% revenue growth to $15.1 million in H1 2023, as compared to $10.8 million in H1 2022.
69% increase in gross profit reaching $8.1 million (53.6% margin) in H1 2023 as compared to $4.8 million (44.0% margin)...
YOOMA WELLNESS INC. ANNOUNCES SALE OF VITALITY CBD
Written by Customer Service on . Posted in Public Companies.
Toronto, Ontario, Sept. 29, 2023 (GLOBE NEWSWIRE) — Yooma Wellness Inc. (CSE: YOOM, AQSE: YOOM) (“Yooma” or the “Company“) today announced that its wholly-owned subsidiary Yooma Europe Limited (“Yooma Europe”) has completed the sale of Birmingham-based Vitality CBD Limited (“Vitality”), a UK-focused CBD company, for a total consideration of US$2.0 million (the “Disposal”) to Psilobrain Therapeutics Inc. (“Psilobrain”). Psilobrain is a private Canadian biotech company that uses the latest in psychedelic medicine to design products that facilitate evidence-based healing & wellness. Further details regarding Psilobrain is available at www.psilobrain.com.
Details on the Disposal
The consideration payable by Psilobrain comprises US$1.0 million in cash (the “Cash Consideration”), and US$1.0 million in new...
SmileDirectClub Seeks to Execute Comprehensive Recapitalization to Strengthen the Business for Sustainable Growth
Written by Customer Service on . Posted in Public Companies.
Company Intends to Maintain Normal Operations, Transforming Smiles Without Disruption
NASHVILLE, Tenn., Sept. 29, 2023 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (Nasdaq: SDC), the next generation oral care Company with the first medtech platform for teeth straightening, today announced a process to implement a comprehensive recapitalization transaction. The additional capital and stronger financial position from this recapitalization is intended to bolster the Company’s balance sheet and fuel growth initiatives to allow SmileDirectClub to thrive as an international oral care leader for many years to come.
SmileDirectClub will seek to recapitalize through a transaction where the Company’s founders have committed to invest at least $20 million to bolster the Company’s balance sheet and to protect its near- and long-term financial...
FLJ Group Limited Entered into a Definitive Agreement to Acquire Lianlian Holdings Inc.
Written by Customer Service on . Posted in Mergers And Acquisitions.
SHANGHAI, China, Sept. 29, 2023 (GLOBE NEWSWIRE) — FLJ Group Limited (NASDAQ: FLJ) (“FLJ” or the “Company”), a leading technology-driven long-term apartment rental platform in China, today entered into an equity acquisition agreement with Lianlian Holdings Inc. (the “Target Company” or “Lianlian”) and certain of the Target Company’s shareholders to acquire 95% of the issued and outstanding shares in the Target Company for an aggregate purchase price of RMB1,800,000,000 (the “Acquisition”). The purchase price will consist of cash and newly issued Class A ordinary shares of the Company, the exact portion of which will be determined by the Company at the closing of the Acquisition. Upon the closing of the Acquisition, Lianlian will be a 95%-owned subsidiary of the Company.
There is no assurance that all conditions precedent to the...
King Global Ventures Inc. Announces Appointment of CFO
Written by Customer Service on . Posted in Public Companies.
TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) — King Global Ventures Inc. (TSXV: KING) (OTC: KGLDF) (FSE: 5LM1) (the “Company”) is pleased to announce the appointment of Mr. Jimmy Jeon as Chief Financial Officer (“CFO”) of the Company. Mr. Jeon replaces Mr. Victor Hugo, who has served as CFO since August 2020. The Company wishes to thank Mr. Hugo for fulfilling that role and to express its appreciation for his service.
Mr. Jeon currently works with Marrelli Support Services Inc. where he provides CFO, accounting, compliance, and management advisory services to numerous public trading companies on the TSX, TSX Venture Exchange and other Canadian and U.S. exchanges. Mr. Jeon is a CPA and holds a Bachelor of Business Administration from Wilfred Laurier University, specializing in accounting. Mr. Jeon has over 6 years’ experience...
Amerant Bancorp Inc. Announces Date Correction on Third Quarter 2023 Conference Call
Written by Customer Service on . Posted in Public Companies.
CORAL GABLES, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) — Amerant Bancorp Inc. (NYSE: AMTB) (the “Company”), issues a correction of the press release that was sent out at 4:00PM ET on September 29, 2023. The correction refers to the fact that the date of the conference call should have been Friday, October 20, 2023.
The complete corrected press release:
Amerant Bancorp Inc. (NYSE: AMTB) (the “Company”), today announced it will release third quarter 2023 earnings results on Thursday, October 19, 2023 after the market closes. Once released, investors may access Amerant’s earnings results at https://investor.amerantbank.com by choosing “Financial Results” under the “Financials Info” heading.
On Friday, October 20, 2023, Jerry Plush, Chairman and Chief Executive Officer, and Sharymar Calderón, Executive Vice-President and Chief Financial...