Month: September 2023

Hong Kong, Sept. 06, 2023 (GLOBE NEWSWIRE) — Solowin Holdings (the “Company”), one of the few Chinese investor-focused and versatile securities brokerage companies based in Hong Kong, today announced the pricing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares are expected to commence trading on the Nasdaq Capital Market on September 7, 2023 under the ticker symbol “SWIN”. The Company expects to receive aggregate gross proceeds of US$8.0 million from this Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares at the public offering price, less the underwriting discounts....

THE WOODLANDS, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 624 homes in August 2023, up from 504 homes closed in August 2022, representing year-over-year growth of 23.8%. As of August 31, 2023, the Company had 102 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 35 markets in 20 states. As one of America’s fastest growing companies, LGI Homes has closed over 65,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s...

CALGARY, Alberta, Sept. 06, 2023 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”), a leader in industrialized construction, announced today that it will voluntarily delist from The Nasdaq Stock Market (“Nasdaq”) on or around September 15, 2023. After the voluntary delisting, all current and future DIRTT shareholders will retain their ability to publicly trade DIRTT shares on the Toronto Stock Exchange (TSX) under the symbol “DRT”. The Company estimates a recurring annual cost savings of approximately USD $400,000 from the delisting. Otherwise, the Company’s business operations will not be affected, nor will its commitment to delivering value to customers, partners, employees, and shareholders. DIRTT will continue to comply with all U.S. Securities and Exchange Commission (SEC) regulations...

SAN FRANCISCO, Sept. 06, 2023 (GLOBE NEWSWIRE) — Olema Pharmaceuticals, Inc. (“Olema”, “Olema Oncology”, Nasdaq: OLMA), a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of targeted therapies for women’s cancers, today announced that the Company will present at the following upcoming investor conferences in September:Sean P. Bohen, M.D., Ph.D., President and Chief Executive Officer, will participate in a Fireside Chat at the Morgan Stanley 21st Annual Global Healthcare Conference in New York on Monday, September 11, 2023, at 10:40 a.m. ET. Dr. Bohen will participate in a Fireside Chat at the H.C. Wainwright 25th Annual Global Investment Conference in New York on Tuesday, September 12, 2023, at 10:30 a.m. ET. Dr. Bohen will participate in a Fireside Chat at the 2023 Cantor...

New York, NY, Sept. 06, 2023 (GLOBE NEWSWIRE) — InterPrivate III Financial Partners Inc. (NYSE American: IPVF.U, IPVF, IPVF WS) (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 9, 2023 for an additional month, to October 9, 2023, the fourth of nine potential one-month extensions of the Deadline Date available to the Company. The Company’s Amended and Restated Certificate of Incorporation (the “Charter”) provides the Company the right to extend the Deadline Date up to nine times for an additional one month each time (each, an “Extension”), from June 9, 2023 to up to March 9, 2024. On August 31, 2023, pursuant to the Charter, the Board determined to implement a fourth...

Deverl Maserang to depart upon appointment of successor NORTHLAKE, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) — Farmer Brothers Company (NASDAQ: FARM), a leading roaster, wholesaler, equipment servicer and distributor of coffee, tea and other allied products, announced today it has commenced a transition of the chief executive officer role. Under the transition plan, the board of directors and Chief Executive Officer Deverl Maserang have mutually agreed his employment with Farmer Brothers will conclude on Sept. 30 and he will complete his current term as a member of the board, unless his permanent successor is identified prior to the end of his term. Farmer Brothers’ current Head of Coffee John Moore will assume the role of interim CEO starting Oct. 1. The planned transition is not connected to any disagreements or concerns with the...

Not for dissemination in the United States or through any wire service in the United States LAVAL, Québec, Sept. 06, 2023 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria” or the “Corporation”) (TSX: SIS), a global leader in the accessibility industry, is pleased to announce the issue and sale of common shares (“Common Shares”) pursuant to a public offering (the “Offering”) and a concurrent private placement (the “Concurrent Private Placement”, and collectively with the Offering, the “Equity Offerings”) for aggregate gross proceeds to the Corporation of approximately $80,025,500. Under the Offering, Savaria has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc., (the “Bookrunner”) and co-led by Desjardins Securities Inc., Scotiabank and TD Securities Inc. (collectively, the “Underwriters”)...

Complementary Acquisition FootprintComplementary Acquisition FootprintNOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Sept. 06, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX: PEY) is pleased to announce it has entered into a partnership interest purchase agreement to acquire Repsol Canada Energy Partnership, which holds the Canadian upstream oil and gas business of Repsol Exploración, S.A.U., including all related midstream facilities and infrastructure located predominantly in the Deep Basin (collectively the “Assets”), for cash consideration of US$468 million (CDN$636 million) (“the Acquisition”) subject to closing adjustments. The Acquisition is expected to...