Day: September 18, 2023

Premier Diversified Holdings Inc. Announces Loan Agreement, Amended Loans

Not for dissemination in the United States of America. VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) — Premier Diversified Holdings Inc. (“Premier” or the “Company“) (TSXV: PDH) announces that it has entered into certain loan agreements, as set out below. Loan Agreements with MPIC Fund I Premier entered into a loan agreement (“Loan Agreement”) dated August 9, 2023 with MPIC Fund I, LP (“MPIC“) for a secured loan in the principal amount of up to USD$200,000 (the “August Loan“). The August Loan matures on August 9, 2024 and bears interest at a rate of 6% per annum. Premier entered into a loan agreement (“September Loan Agreement”) dated September 15, 2023 with MPIC for a secured loan in the principal amount of up to USD$140,000 (the “September Loan“). The...

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Solar Alliance cancels private placement as Canadian solar acquisition due diligence continues

TORONTO and KNOXVILLE, Tenn., Sept. 18, 2023 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces that it has cancelled the brokered private placement announced on July 20, 2023. The Company continues to work on the Canadian solar acquisition opportunity originally announced on May 18, 2023. “Given current market conditions, the private placement would have been excessively dilutive to current shareholders, and we have decided to reassess our funding options as we continue due diligence on the Canadian solar acquisition,” said CEO Myke Clark. “Our team has worked hard to reduce costs, increase revenues and increase margins. As a result, we have the flexibility to wait for more favourable...

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Arrowmark Financial Corp. Releases Month End Estimated Net Asset Value as of August 2023

DENVER, Sept. 18, 2023 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of August 31, 2023, was $21.85. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended August 31, 2023. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra...

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Jim Collins to Join Cibus Board of Directors

Cibus Announces Election of New Board Member, Deepening Strategic Leadership and Experience SAN DIEGO, Sept. 18, 2023 (GLOBE NEWSWIRE) — Cibus, Inc. (NASDAQ: CBUS), a global leader in Gene Editing in agriculture and the development of Productivity Traits in plants that directly impact farming productivity and profitability announced that its Board of Directors has elected Jim Collins, former CEO of Corteva, to the Board. “Jim brings to Cibus immense knowledge and strategic vision on the direction of the future role and use of Gene Editing in agriculture,” said Mark Finn, Chair of the Audit Committee. “Jim’s experience leading one of the largest agricultural and seed companies will give us important leadership as to where gene editing can have the greatest global impact in supporting farmers in increasing the profitability and...

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Houston Dynamo Football Club and Verizon partner for Fan Appreciation Week

NEED TO KNOW: Verizon will serve as the presenting sponsor for HDFC’s Fan Appreciation Week, a special week of activations to thank fans for their support throughout the year, featuring a postgame concert following the Houston Dash game on Oct. 8 featuring Vanilla Ice, Tone Loc, and Rob Base at Shell Energy Stadium The partnership will also feature a pre-match party celebrating Hispanic Heritage Month prior to the Houston Dynamo match on Sept. 30 and exclusive experiences for sweepstakes winners at Shell Energy Stadium on Fan Appreciation Weekend Verizon will be featured prominently on the front of both the Dynamo and Dash training tops for the remainder of the season HOUSTON, Sept. 18, 2023 (GLOBE NEWSWIRE) — Houston Dynamo Football Club (HDFC) today announced that Verizon will serve as the official 5G partner of both Houston...

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Host Hotels & Resorts Announces Third Quarter 2023 Earnings Call to be Held on November 2, 2023

BETHESDA, Md., Sept. 18, 2023 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, will report third quarter 2023 financial results on Wednesday, November 1, 2023, after the market close. The Company will hold a conference call to discuss its third quarter 2023 results and business outlook on Thursday, November 2, 2023, at 11:00 a.m. ET. Conference call access information is as follows: Conference Call: USA Toll Free Number   888-506-0062 International Toll Number   973-528-0011 Access Code   358727       A simultaneous webcast of the call will be available on the Company’s website at www.hosthotels.com. A replay of the call will be available Thursday, November 2, 2023, until Saturday, December 2, 2023, via the telephone details below...

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Vision Marine Announces Pricing of $1.5 Million Private Placement

MONTREAL, Sept. 18, 2023 (GLOBE NEWSWIRE) — Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), a global leader and innovator within the performance electric recreational boating industry, today announced that it has entered into subscription agreements with investors to purchase an aggregate of 372,870 units, at a purchase price of $4.05 per unit. The gross proceeds to the Company from the private placement are expected to be approximately $1.5 million before deducting the placement agent’s fees and other estimated offering expenses. Each of the units issued pursuant to the private placement is comprised of one common share and one common share purchase warrant. Each full warrant will be exercisable six months from the date of issuance and entitle its holder to acquire one additional common...

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InterDigital to Speak at the Sidoti Small-Cap Virtual Conference

WILMINGTON, Del., Sept. 18, 2023 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that the company will be speaking at the Sidoti Small-Cap 2023 Virtual Conference on Wednesday, September 20, 2023, at 11:30 AM ET. The event will be webcast live and an archived replay of the presentation will also be available following the conference. For more information, please visit the Investors section of the company’s website closer to the event. About InterDigital® InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia...

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Vital Energy Prices Upsized Offering of $900 Million of Senior Notes

TULSA, OK, Sept. 18, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today the pricing of $400 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 at 101% of par and $500 million in aggregate principal amount of 9.750% senior unsecured notes due 2030 at 98.742% of par in an upsized registered underwritten offering for a total of $900 million. Interest for the notes due 2028 is payable on January 15 and July 15 of each year, and the first interest payment for the notes due 2028 will be made on January 15, 2024, and will consist of interest from July 15, 2023 to that date. Interest for the notes due 2030 is payable on April 15 and October 15 of each year, and the first interest payment for the notes due 2030 will be made on October...

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COMPASS Pathways appoints Daphne Karydas to its Board of Directors

LONDON, Sept. 18, 2023 (GLOBE NEWSWIRE) — COMPASS Pathways plc (Nasdaq: CMPS) (“COMPASS”), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced the appointment of Daphne Karydas to its Board of Directors, effective September 18, 2023. Ms. Karydas is President and Chief Financial Officer at Flare Therapeutics Inc., a privately held biotechnology company targeting transcription factors to discover precision medicines for cancer and other diseases. “Daphne is an ideal match for the COMPASS Pathways Board of Directors as we progress our phase 3 COMP360 psilocybin program in treatment-resistant depression and our phase 2 programs in anorexia nervosa and post-traumatic stress disorder,” said George Goldsmith, Chairman of the COMPASS Pathways Board of Directors....

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