Day: October 4, 2023

Providence, RI, Oct. 04, 2023 (GLOBE NEWSWIRE) — Ocean Biomedical, Inc. (NASDAQ: OCEA) announces that the company and Polar Multi-Strategy Master Fund (Polar) entered into a Side Letter related to the Forward Purchase Agreement entered into in February 2023. The Side Letter provides for an $8.00 per share Reset Price which is intended to increase the circumstances under which Polar would remit funds to the company during the term of the agreement and lowers the “Seller VWAP Trigger Event” price from $4.00 per share to $2.50 per share, which narrows the circumstances under which Polar could elect to terminate the agreement prior to its prescribed termination date. The Seller VWAP Trigger Event does not prescribe when, or at what price, Polar can elect to sell shares under the agreement. Ocean Biomedical did not pay Polar any new...

Advances planned separation of Steel Processing business that is now expected to occur as early as December 2023 COLUMBUS, Ohio, Oct. 04, 2023 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE: WOR), a leading industrial manufacturing company, today announced the public filing of a Form 10 registration statement with the U.S. Securities and Exchange Commission in connection with its planned separation of the Company’s Steel Processing business, Worthington Steel. Andy Rose, president and CEO, Worthington Industries, and future chief executive officer of Worthington Enterprises, said, “The public filing of the Form 10 represents an important milestone in creating two distinct, market-leading companies focused on driving shareholder value. We are excited to complete the planned separation and execute Worthington Enterprises’...

Today, October 4th, 2023, Reykjavík Energy (Orkuveita Reykjavíkur; OR) concluded a green bond auction in the green bond classes OR020934 GB and OR180255 GB. OR020934 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of September 2nd, 2034. Previously, bonds have been issued in the category with a nominal value of ISK 18,947 million. The series attracted bids totaling ISK 2,220 million nominal value at yields between 4.16% and 4.30%. OR accepted bids amounting to ISK 2,180 million at a yield of 4,27%. OR180255 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of February 18th, 2055. Previously, bonds in the category have been issued with a nominal value of ISK 26,201 million. The series attracted bids totaling ISK 1,080 million nominal value...

Press Release4 October 2023 – N° 19 SCOR announces the acquisition of 9,000,000 of its own shares upon the partial exercise of the call option granted by Covéa in 2021, and the subsequent sale of these shares to BNP Paribas Cardif Under the June 2021 settlement agreement entered into between SCOR and Covéa in the presence of the Autorité de Contrôle Prudentiel et de Résolution, Covéa granted SCOR a binding and irrevocable call option on its full stake in SCOR – representing 8.8% of the share capital1 – at a price of EUR 28 per share. The board of directors of SCOR authorized today the partial exercise of this call option for the purchase of 9,000,000 SCOR shares held by Covéa, representing 5.01% of SCOR’s share capital1. Once delivered by Covéa to SCOR, the shares will be sold to BNP Paribas Cardif through an over-the-counter transaction. These...