Day: September 7, 2023

CHINO, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) — Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced the pricing of its previously announced underwritten secondary offering of 1,000,000 shares of Karat’s common stock by certain members of the Company’s management team (collectively, the “Selling Stockholders”) at a price of $21.00 per share. The underwriter has been granted a 30-day option to purchase up to an additional 150,000 shares of Karat’s common stock from a Selling Stockholder. The offering is expected to close on September 12, 2023, subject to the satisfaction of customary closing conditions. The Company will not receive any proceeds from the sale of shares by the Selling Stockholders. Lake Street...

TORONTO, Sept. 07, 2023 (GLOBE NEWSWIRE) — Rogers Communications Inc. (“RCI”) announced today that it has priced a Canadian private placement of four series of Canadian dollar denominated senior notes with an aggregate principal amount of $3 billion, consisting of $500 million of 5.65% senior notes due 2026, $1 billion of 5.7% senior notes due 2028, $500 million of 5.8% senior notes due 2030 and $1 billion of 5.9% senior notes due 2033 (collectively, the “Notes”). The net proceeds from the issuance of the Notes will be approximately $2.97 billion. RCI expects to use the net proceeds from this offering for general corporate purposes, which may include the repayment of short-term debt and other borrowings. The offering of the Notes is expected to close on September 21, 2023. The Notes were offered, through a syndicate of agents on...

Common Stock Listing on National Exchange is Next Planned Significant Milestone FRAMINGHAM, Mass., Sept. 07, 2023 (GLOBE NEWSWIRE) — Arch Therapeutics, Inc. (OTCQB: ARTH) (“Arch” or the “Company”), a marketer and developer of novel self-assembling wound care and biosurgical products, today announced that it completed a private placement with institutional and accredited individual investors (collectively, the “Investors”) as a Bridge Offering preceding a planned national exchange listing of the Company’s common stock on either Nasdaq Global Market, Nasdaq Capital Market, New York Stock Exchange or NYSE American (the “Uplisting”). The private placement consisted of the issuance of common stock, par value $0.001, at a purchase price of $0.275 per share and accompanying common warrant to purchase two shares of common stock (or pre-funded...

ROCK HILL, S.C., Sept. 07, 2023 (GLOBE NEWSWIRE) — 3D Systems (NYSE:DDD) today issued a statement on the company’s ongoing partnership with Align Technology (NASDAQ:ALGN). The statement is in response to significant shareholder inquiries related to Align’s recent announcement that it has entered into a definitive agreement to acquire privately held Cubicure Gmbh. 3D Systems’ 25-year partnership with Align where 3D Systems provides hardware, materials, processing, and services for Align in connection with its highly efficient indirect production of aligners remains strong. Align operates hundreds of 3D Systems’ printers producing over one million parts daily and continues to rely on 3D Systems to support its operations. 3D Systems’ forecasts remain intact and already account for Align’s existing partnership with Cubicure. “3D Systems...

NEW YORK, Sept. 07, 2023 (GLOBE NEWSWIRE) — IX Acquisition Corp. (Nasdaq: IXAQ) (the “Company”) announced today that its board of directors (the “Board”) has decided to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from September 12, 2023 for an additional month, to October 12, 2023. This is the sixth of twelve potential one-month extensions of the Deadline Date available to the Company pursuant to its Amended and Restated Memorandum and Articles of Association. The Company further announced that on or before September 12, 2023, IX Acquisition Sponsor LLC will deposit $160,000 into the Company’s trust account in connection with this extension. About IX Acquisition Corp. IX Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital...

MONROE TOWNSHIP, N.J., Sept. 07, 2023 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data and service solutions, today announced the award of three separate Indefinite Delivery Indefinite Quantity (IDIQ) Multiple-Award Contracts (MAC) from the National Oceanic and Atmospheric Administration (NOAA). These awards further add to OPT’s reputation as a reliable U.S. Government contractor and build on recent successes in the defense and national security space. NOAA has selected OPT as one of several Multiple Award IDIQ contract holders to provide Uncrewed Maritime Systems (UMS) Services to NOAA’s Office of Marine and Aviation Operations (OMAO), Uncrewed Systems Operation Center (UxSOC). These contracts have the...

OCOEE, FL, Sept. 07, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – iCoreConnect, Inc., (NASDAQ: ICCT), (“iCore” or the “Company”), a cloud-based software and technology company focused on increasing workflow productivity and customer profitability through its enterprise and healthcare workflow platform, today announced the acquisition of the assets of Preferred Dental Services (“PDS”). Preferred Dental Services is a provider of dental billing, claims, and insurance management services. “The timing of this acquisition is very strategic for us as we continue to enhance our offerings and build out the number of solutions we are providing to the market. We believe the acquisition will help increase revenue, streamline workflow, free up staff resources, and improve the overall patient experience at the practice level. Our subscriber base...

HOUSTON, Sept. 07, 2023 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it has published its 2022-2023 Sustainability Report. The report documents SEACOR Marine’s continued commitment to the environment, its employees and its responsibility as a global citizen. SEACOR Marine’s Chief Executive Officer John Gellert commented: “Our second Sustainability Report highlights our dedication to a greener, more inclusive and socially responsible future. We are excited to share our progress in reducing carbon emissions, conserving resources and minimizing our ecological footprint. I am proud of the efforts of the Sustainability Council and all of our employees and partners...