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Month: September 2023

Attend the NEC X FutureFusion Forum – A Collaborative Initiative for Silicon Valley’s Tech Startup Ecosystem

September 14ᵗʰ event brings together entrepreneurs, investors and startups with keynotes from MIT, panel discussions on AI and pitch presentations from emerging tech startups PALO ALTO, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) — Members of the press are invited to attend the FutureFusion Forum, which brings together high-tech and artificial intelligence (AI) industry leaders that are disrupting the world with tech-driven innovation. Experts will be available by appointment to discuss today’s most pressing issues in AI technology and the startup ecosystem.WHAT:   The FutureFusion Forum is open to any media that would like to attend.WHEN:   September 14th from 9am-5pm pacific time (or any block of time you can make it).WHERE:   Hyatt Centric Mountain View, Calif., Cloud Ballroom, 2nd floor.WHO:   FutureFusion Forum is...

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Axis Provides Business Update and Announces Closing of $2.67 Million Private Placement of Unsecured Subordinated Debentures

TORONTO, Sept. 11, 2023 (GLOBE NEWSWIRE) — Axis Auto Finance Inc. (“Axis” or the “Company“) [TSX: AXIS], a financial technology company changing the way Canadians purchase and finance used vehicles, is pleased to provide a business update and announce the closing of a private placement (the “Private Placement“) of unsecured subordinated debentures (the “Debentures“). Business Update Over the last 12 months, elevated inflation levels, supply chain disruption and rapidly rising interest rates have created challenges in the non-prime auto finance market. Inflation resulted in more borrower defaults leading to higher credit loss rates, supply chain issues affected vehicle availability as well as affordability and rising interest rates increased borrowing costs. Axis has responded to these...

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3D Systems Delivers Enhanced Proposal to Stratasys

Responds to Stratasys’ Requests for Improved Stock Consideration, Enhanced Closing Certainty, Retention of Key Talent and a Role for Stratasys’ CEO in Combined Company Management Proposal Inclusive of Material Cost Synergies Mutually Agreed Upon by 3D Systems and Stratasys in August 22, 2023 Meeting Stratasys Board Rejects Further Discussions Based on Narrow Focus on Current Spot Price of 3D Systems Stock and Moving Ahead with Value Destructive Desktop Metal MergerROCK HILL, S.C., Sept. 11, 2023 (GLOBE NEWSWIRE) — 3D Systems (NYSE:DDD) today announced the delivery of a revised proposal to combine with Stratasys Ltd. (NASDAQ: SSYS). Each Stratasys share will convert into $7.00 in cash and ownership of 46% of the aggregate shares of the combined company (representing a 1.6387 exchange ratio based on the last disclosed Stratasys...

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Sun Communities, Inc. to Present at Bank of America’s 2023 Global Real Estate Conference

Southfield, MI, Sept. 11, 2023 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities and marinas (collectively, the “properties”), today announced that Gary A. Shiffman, Chairman, President and Chief Executive Officer, will present at Bank of America’s 2023 Global Real Estate Conference in New York City, New York on Wednesday, September 13, 2023, at 12:40 p.m. Eastern Time. For investors interested in listening to the presentation, a live audio-webcast in listen-only mode will be provided in the Events Calendar within the News, Events & Presentations section of the Company’s “Investors” tab on its...

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PUSHFOR Enters Into an Option Agreement with Primus Resources on Lithium Project in Western Nevada

Delta, British Columbia, Sept. 11, 2023 (GLOBE NEWSWIRE) — Pushfor Tech Inc. (the “Company” or “Push”) (CSE: PUSH) (OTC Pinks: PUSOF) has entered into an option agreement with Primus Resources (“Primus”), a Nevada-based privately held company, whereby Push has secured the rights to earn a 100% interest in the AT Lithium Project, (the “Project”). This agreement with Primus provides Push an opportunity to be involved within the active Esmerelda Lithium corridor of Western Nevada with only modest cash expenditures required for the first two years of a six-year option. While the Company plans its review of the Project over the next year or two, it continues to work with its existing technology assets, and its new management team is looking at other acquisitions in various fields, including clean energy and agribusiness, to help drive...

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Adeia and NVIDIA Resolve Litigation

SAN JOSE, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) — Adeia Inc. (Nasdaq: ADEA) (“Adeia” or the “Company”), the company whose patented innovations enhance billions of devices, today announced that NVIDIA and Adeia have resolved the existing litigation between the companies on confidential terms. “Having resolved these disputes, we are hopeful that this settlement will open the door for future technology collaborations with NVIDIA,” said Dana Escobar, chief licensing officer and general manager, semiconductor, at Adeia. About Adeia Adeia is a leading R&D and intellectual property (IP) licensing company that accelerates the adoption of innovative technologies in the media and semiconductor industries. Adeia’s fundamental innovations underpin technology solutions that are shaping and elevating the future of digital entertainment...

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Apollo Tactical Income Fund Inc. Declares September 2023 Monthly Distribution of $0.122 per Share

NEW YORK, Sept. 11, 2023 (GLOBE NEWSWIRE) — (NYSE: AIF) – Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of September 2023 of $0.122 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: September 21, 2023Record Date: September 22, 2023Payment Date: September 29, 2023Per Share Amount: $0.122 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations...

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Apollo Senior Floating Rate Fund Inc. Declares September 2023 Monthly Distribution of $0.129 per Share

NEW YORK, Sept. 11, 2023 (GLOBE NEWSWIRE) — (NYSE: AFT) – Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of September 2023 of $0.129 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: September 21, 2023Record Date: September 22, 2023Payment Date: September 29, 2023Per Share Amount: $0.129 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations...

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Matrix Service Company Announces Fiscal 2023 Fourth Quarter and Full Year Results

TULSA, Okla., Sept. 11, 2023 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq: MTRX) today reported its financial results for the fourth quarter and year ended June 30, 2023. Key highlights:Project awards of $463.6 million and a book-to-bill ratio of 2.3 for the quarter; full fiscal year awards of $1.3 billion and a book-to-bill ratio of 1.7; highest quarterly project awards in five years Backlog increased by 31% to $1.1 billion compared to the third quarter of fiscal 2023, and by 85% since the start of the fiscal year; highest backlog level since June 30, 2019 Fourth quarter revenue of $205.9 million, an increase of 10% compared to the third quarter of fiscal 2023; full fiscal year revenue of $795.0 million Loss per fully diluted share of $0.01 in the fourth quarter; adjusted loss per fully diluted share of $0.11(1) excluding...

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Mission Produce™ Announces Fiscal 2023 Third Quarter Financial Results

23% growth in avocado volume sold compared to same period last year Sequential improvement in Marketing & Distribution segment per-unit margins from fiscal second quarter 2023 Updates expectations for Peruvian exportable volume Board approves stock repurchase program up to $20 million OXNARD, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) — Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today reported its financial results for the fiscal third quarter ended July 31, 2023. Fiscal Third Quarter 2023 Financial Overview:Total revenue decreased 17% to $261.4 million compared to the same period last year driven by a continuation of a normalizing environment where higher industry volumes...

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