Day: November 7, 2023

Citadel Income Fund Announces Approval of Special Redemption of Units at Special Meeting of Unitholders and Redemption Date

Written by Customer Service on November 7, 2023. Posted in Public Companies.

TORONTO, Nov. 07, 2023 (GLOBE NEWSWIRE) — Citadel Income Fund (TSX – CTF.UN) (the “Fund”) is pleased to announce that, at the special meeting of the unitholders of the Fund (the “Unitholders”) held today, the Unitholders approved an extraordinary resolution authorizing the Fund to redeem an aggregate of not less than 7,186,900 units of the Fund (the “Units”) at an amount per Unit equal to the net asset value per Unit less redemption costs equal to 4.5% of the net asset value per Unit plus applicable taxes (the “Special Redemption”). The redemption date for the Special Redemption has been set for December 7, 2023. If requests for redemptions exceed 7,186,900 Units, then the Units will be redeemed on a pro rata basis. In order to redeem their Units, Unitholders must deliver a redemption notice to their broker sufficiently in advance...

Trust Stamp Provides a Business Report and Financial Results for the Quarter and Period Ended September 30, 2023 Including Positive EBITDA for Q3

Written by Customer Service on November 7, 2023. Posted in Public Companies.

Atlanta, GA, Nov. 07, 2023 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered trust and identity services used globally across multiple sectors, announced financial results and provided a business update for the quarter and period ended September 30, 2023 (“Q3 2023”). Trust Stamp’s Chief Executive Officer, Gareth N. Genner, commented, “I am very pleased to report the progress made during this quarter and year to date. You will see that we have continued to execute effectively across all of our objectives and despite investing in our new salesforce, we have reduced selling, general, and administrative expenses by $3.11 million, or 34.54%, for nine months ended September 30, 2023 (“YTD 2023”), compared to nine months ended September 30, 2022 (“YTD...

MannKind Corporation Reports 2023 Third Quarter Financial Results

Written by Customer Service on November 7, 2023. Posted in Public Companies.

Conference Call to Begin Today at 5:00 p.m. (ET)3Q 2023 Total revenues of $51M; +56% vs. 3Q 2022 3Q YTD 2023 Total revenues of $140M; +121% vs. 3Q YTD 2022 3Q 2023 Net income of $2M; Non-GAAP net income of $4M 3Q 2023 Tyvaso DPI royalties of $20M; +225% vs. 3Q 2022 3Q 2023 Endocrine BU net revenues of $18M; Afrezza net revenues +24% vs. 3Q 2022DANBURY, Conn. and WESTLAKE VILLAGE, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) — MannKind Corporation (Nasdaq: MNKD) today reported financial results for the quarter ended September 30, 2023. “We had another strong quarter of revenue growth with total revenues exceeding $51 million,” said Michael Castagna, PharmD, Chief Executive Officer of MannKind Corporation. “With the continued success of Tyvaso DPI®, we believe we will continue to have the ability to execute our commercial operating...

Conifex Announces Third Quarter 2023 Results

Written by Customer Service on November 7, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the third quarter ended September 30, 2023. EBITDA* was negative $6.7 million for the quarter compared to EBITDA of $4.2 million in the third quarter of 2022. The third quarter results were favourably impacted by $1.7 million in recoveries of duty deposit overpayments which were more than offset by $2.4 million in further inventory write-downs that were taken in response to lower lumber prices and after disposing of a logging camp that was lost in a wildfire this summer for $0.6 million. Net loss was $8.0 million or $0.20 per share for the quarter versus net income of $0.9 million or $0.02 per share in the year-earlier quarter. The results reflect reduced operating earnings on lower...

Caribou Biosciences Reports Third Quarter 2023 Financial Results and Provides Business Update

Written by Customer Service on November 7, 2023. Posted in Public Companies.

— CB-010 ANTLER Phase 1 trial continues enrolling second-line r/r LBCL patients in dose expansion; plan to share FDA feedback by year-end 2023 and report initial dose expansion data in H1 2024 — — CB-011 CaMMouflage Phase 1 trial enrollment ongoing in r/r MM patients — — CB-012 AMpLify Phase 1 trial site activation underway following recent IND clearance; expect to initiate enrollment by mid-2024 in r/r AML patients — — $396.7 million in cash, cash equivalents, and marketable securities expected to fund the current operating plan into Q4 2025 — BERKELEY, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) — Caribou Biosciences, Inc. (Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today reported financial results for the third quarter of 2023 and reviewed...

Global BI and Analytics Market Size USD 102.85 Billion in 2032 | Emergen Research

Written by Customer Service on November 7, 2023. Posted in Mergers And Acquisitions.

Increasing demand for real-time performance measurement solutions and increasing demand for better sales forecasting and budgeting solution are driving growth of the business intelligence and analytics market. Vancouver, Nov. 07, 2023 (GLOBE NEWSWIRE) — The global business intelligence and analytics market is expected to reach a value of USD 102.85 Billion by 2032, according to latest analysis by Emergen Research. Global business intelligence and analytics market revenue is projected to increase exponentially during the seven-year forecast period due to increasing demand for real-time performance measurement solutions across various sectors. Increasing demand for better sales forecasting and budgeting solutions is also expected to further boost global business intelligence and analytics market growth over the forecast period. Besides,...

HII Mission Technologies Hosts Fourth Annual Global Day of Caring

Written by Customer Service on November 7, 2023. Posted in Public Companies.

Mission Technologies Day of Caring 2023Mission Technologies President Andy Green was among 30 employees to volunteer at a Rise Against Hunger event in McLean, Virginia, during the division’s fourth annual Global Day of Caring. Rise Against Hunger is growing a global movement to end hunger by empowering communities, nourishing lives and responding to emergencies. It distributed more than 67 million meals worldwide in 2022.MCLEAN, Va., Nov. 07, 2023 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Mission Technologies division hosted its fourth annual Global Day of Caring on Saturday, Nov. 4. More than 400 employees and their family members completed 34 community service projects in Alabama, California, Florida, Hawaii, Maryland, Massachusetts, New Jersey, New Mexico, Ohio, Pennsylvania, South Carolina, Texas, Virginia and Washington. “At...

(Updated) Polar Power Announces New 27KW Summit Series Deliveries to Tier-1 Telecom Customers

Written by Customer Service on November 7, 2023. Posted in Public Companies.

Pent-up Demand for Higher Powered DC Generators Driving New Product Line Deliveries for Best-in-Class Form Factor, Lower Emissions, Cost, and Efficiency Benefits to 5G Cell Sites GARDENA, CA, Nov. 07, 2023 (GLOBE NEWSWIRE) — Polar Power, Inc. (“Polar Power” of the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid power solutions, announces that improvements in the supply chain have resulted in the delivery of its newly introduced Summit Series, 27 kW diesel fueled DC generators to the U.S. telecom market. The Polar Power 27 kW Summit is one of the most compact, lightweight, and lowest noise power generator options currently servicing the US 5G telecom applications, extending Polar’s Power’s capabilities in telecom DC generators, now ranging from 6kW through 27kW. Polar Power’s initial deliveries in...

MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended September 30, 2023 and Announces Merger Agreements with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.

Written by Customer Service on November 7, 2023. Posted in Dividend Reports And Estimates.

Results for the Quarter Ended September 30, 2023 and Other Recent Highlights:Net investment income per share for the quarter was $0.43, compared to $0.44 for the quarter ended June 30, 2023 Net asset value per share as of the end of the quarter was $15.28, compared to $15.20 as of June 30, 2023, an increase of $0.08 per share primarily due to net investment income in excess of the dividend New investment commitments made during the quarter totaled $20 million(1) Gross fundings excluding revolver fundings, totaled $16 million and net repayments including revolvers, totaled $43 million for the quarter Net leverage(2) was 1.40x as of September 30, 2023 Declared a dividend of $0.38 per share for the quarter ending September 30, 2023(3) On November 2, 2023, the Company completed its inaugural Collateralized Loan Obligation (“CLO”) transaction,...

MidCap Financial Investment Corporation Announces Merger Agreements with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.

Written by Customer Service on November 7, 2023. Posted in Mergers And Acquisitions.

Transaction Provides Financial and Strategic Benefits to All Shareholders Creates a Larger, More Scaled BDC Focused on Middle Market Direct Lending Combined Company Will Have Approximately $3.4 Billion of Total Investments and $1.4 Billion of Net Assetsi NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) — MidCap Financial Investment Corporation (NASDAQ: MFIC), Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) (AFT and AIF, together, the “CEFs”) today announced that they have entered into separate definitive agreements pursuant to which AFT and AIF will merge with and into MFIC (the “Mergers” or the “Transactions”), subject to certain shareholder approvals and customary closing conditions. MFIC is a publicly traded business development company (“BDC”) managed by an affiliate of Apollo Global...

Day: November 7, 2023

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