Day: November 16, 2023

Cheetah Net Supply Chain Services Inc. Executes Letter of Intent to Acquire Edward Transit Express Group Inc.

Written by Customer Service on November 16, 2023. Posted in Mergers And Acquisitions.

Transaction Anticipated to Close in Early 2024 CHARLOTTE, N.C., Nov. 16, 2023 (GLOBE NEWSWIRE) — Cheetah Net Supply Chain Services Inc. (“Cheetah” or the “Company”) (Nasdaq CM: CTNT) announced today the signing of a letter of intent with Edward Transit Express Group Inc. (“Edward”), a California-based global inbound non-vessel operating common carrier providing ocean and air transportation services. Edward operates a weekly consolidation service through its worldwide agency network system for loose cargoes and full containers for inbound and outbound shipments. The total purchase price for Edward is $1.5 million, consisting of $300,000 in cash and $1.2 million in Cheetah’s Class A common stock. The completion of the transaction is subject to various conditions, including the favorable completion of due diligence on Edward and the...

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 Per Share

Written by Customer Service on November 16, 2023. Posted in Dividend Reports And Estimates.

RYE, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) — The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.11 per share for each of January, February, and March 2024. Distribution Month Record Date Payable Date Distribution Per Share January January 17, 2024 January 24, 2024 $0.11 February February 14, 2024 February 22, 2024 $0.11 March March 14, 2024 March 21, 2024 $0.11Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and...

Mainz Biomed Reports Third Quarter 2023 Financial Results and Provides Corporate Update

Written by Customer Service on November 16, 2023. Posted in Earnings Releases And Operating Results.

ColoAlert® Revenue Increases 102% Year Over Year for the Nine Months Ended September 30, 2023 ColoFuture Study Reported Groundbreaking Results Demonstrating Sensitivity for Colorectal Cancer of 94% with Specificity of 97% and Advanced Adenoma Sensitivity of 80% BERKELEY, Calif. and MAINZ, Germany, Nov. 16, 2023 (GLOBE NEWSWIRE) — Mainz Biomed N.V. (NASDAQ:MYNZ) (“Mainz Biomed” or the “Company”), a molecular genetics diagnostic company specializing in the early detection of cancer, announced today its financial results of the third quarter ending September 30, 2023 and provided a corporate update. Key Highlights:ColoAlert® revenues were USD 681,000, representing an increase of 102% compared to the first nine months of 2022. Reported groundbreaking clinical trial results from ColoFuture, an international study evaluating the Company’s...

BioSyent Releases Q3 and YTD 2023 Financial Results

Written by Customer Service on November 16, 2023. Posted in Earnings Releases And Operating Results.

MISSISSAUGA, Ontario, Nov. 16, 2023 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, TSX Venture: RX) released today its financial results for the three months (Q3) and nine months (YTD) ended September 30, 2023. Key highlights include:(CAD) Q3 2023 % Change vs. Q3 2022 YTD 2023 % Change vs. YTD 2022 Trailing Twelve Months (TTM) Sept 30, 2023 % Change vs. TTM Sept 30, 2022Canadian Pharma Sales 7,432,361 17 % 21,565,801 14 % 28,854,824 13 %International Pharma Sales 992,997 100 % 992,997 76 % 1,110,788 26 %Total Company Sales 8,871,122 31 % 23,316,616 14 % 30,778,546 11 %EBITDA1 2,899,612 49 % 6,276,177 7 % 7,844,209 -8 %Net Income After Taxes (NIAT) 2,350,900 62 % 5,009,336 18 % 6,208,852 1 %Fully Diluted EPS 0.20 67 % 0.41 21 % 0.50 2 % Return on Equity for the Trailing Twelve Months...

Brady Corporation Reports Fiscal 2024 First Quarter Results

Written by Customer Service on November 16, 2023. Posted in Earnings Releases And Operating Results.

Sales for the quarter increased 2.9 percent. Organic sales increased 2.7 percent. Gross profit margin increased to 51.7 percent in the first quarter of fiscal 2024 compared to 48.1 percent in the first quarter of fiscal 2023. Diluted EPS increased 22.8 percent to $0.97 in the first quarter of fiscal 2024 compared to $0.79 in the same quarter of the prior year. Diluted EPS Excluding Certain Items* increased 19.0 percent to $1.00 in the first quarter of fiscal 2024 compared to $0.84 in the same quarter of the prior year. During the quarter ended October 31, 2023, we returned $25.5 million to our shareholders in the form of dividends and share repurchases.MILWAUKEE, Nov. 16, 2023 (GLOBE NEWSWIRE) — Brady Corporation (NYSE: BRC) (“Brady” or “Company”), a world leader in identification solutions, today reported its financial results...

Cognition Therapeutics Releases New Episode of “Conversations” Podcast Recorded at CTAD with Quantitative EEG Experts, Drs Willem de Haan and Philip Scheltens

Written by Customer Service on November 16, 2023. Posted in Public Companies.

PURCHASE, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) — Cognition Therapeutics, Inc., (Nasdaq: CGTX), (the “Company” or “Cognition”) has released its seventh Conversations video podcast episode: “Quantitative EEG – Effects of CT1812 on Measures of Synaptic Function in Alzheimer’s Disease.” This episode will feature a review and interactive discussion of the results from Cognition’s Phase 2 SEQUEL study, which were presented at the Clinical Trials on Alzheimer’s Disease (CTAD) conference. During the episode, Cognition Therapeutics’ CMO and head of R&D, Anthony Caggiano, M.D., Ph.D. moderates a discussion with two leading experts:Willem de Haan, M.D., Ph.D., Senior Researcher at the Alzheimer Center at Amsterdam University Medical Center Philip Scheltens, M.D., Managing Partner at EQT Life Sciences; Founder of the Alzheimer...

Morien Reports on Continuing Developments at the Donkin Mine

Written by Customer Service on November 16, 2023. Posted in Public Companies.

HALIFAX, Nova Scotia, Nov. 16, 2023 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company”) (TSX-V:MOX), today provides an update on the Donkin Coal Mine (“Donkin” or the “Mine”) in Nova Scotia, owned and operated by Kameron Collieries (“Kameron”), upon which Morien has a 2% to 4% royalty interest. The Nova Scotia Department of Labour, Skills and Immigration (“DOL”), a provincial regulator for the Mine, held a press conference yesterday afternoon to report on the findings of an independent engineer contracted by DOL in September to complete a technical review of the Donkin Mine. The following news release from DOL provides additional information: https://novascotia.ca/news/release/?id=20231115003 Yesterday’s press conference follows Kameron’s decision on November 10, 2023, to lay off its remaining...

Safe Harbor Originates $3 Million First Lien Secured Loan for Multi-tenant Cannabis Industrial Building in California

Written by Customer Service on November 16, 2023. Posted in Public Companies.

GOLDEN, Colo., Nov. 16, 2023 (GLOBE NEWSWIRE) — SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, today announced that it has facilitated the funding of a $3 million loan for a multi-tenant cannabis industrial building in California. Dan Roda, Executive Vice President & Chief Operating Officer of Safe Harbor Financial commented, “We continue to see strong demand from across the cannabis industry for loans with competitive rates to support long-term growth. Our unique ability to service these businesses with market-competitive credit not only enhances Safe Harbor’s position as a leading credit originator to the cannabis industry, it also demonstrates the scale of our powerful...

Yuengling’s Ice Cream Announces Acquisition of Cybersecurity Firm ReachOut Technology

Written by Customer Service on November 16, 2023. Posted in Mergers And Acquisitions.

Rick Jordan New President & CEO and a Director as Dickson and Bohorad Step Down ATLANTA, GA, Nov. 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire –Yuengling’s Ice Cream Corporation (“Yuengling’s” or the “Company”) (OTC: YCRM) is pleased to announce the acquisition of ReachOut Technology (“ReachOut”), Rick Jordan has assumed President & CEO role and been appointed a Director of Yuengling’s Ice Cream Corporation. Robert Bohorad, former President and CEO, and Everett Dickson, former Director, have stepped down but will assist with the transition. Everett Dickson, outgoing Director, expressed his enthusiasm about the acquisition, stating, “We are fortunate to have concluded a transaction with an economically strong and vibrant Managed Service Provider in the fast and increasingly important cybersecurity and IT space like ReachOut...

GigaCloud Technology Inc Announces Acquisition of Wondersign

Written by Customer Service on November 16, 2023. Posted in Mergers And Acquisitions.

Paving an Innovative Way for Advanced Technology and Expansive Retail Experiences WALNUT, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it has completed the acquisition of a 100% equity interest of Apexis, Inc., a Florida corporation dba Wondersign (“Wondersign”), for a total cash consideration of $10.0 million, subject to customary purchase price adjustments. Wondersign is a cloud-based interactive digital signage and e-catalog management SaaS company headquartered in Tampa, Florida with access to thousands of storefronts across the United States through its customers. Wondersign develops and maintains “Catalog Kiosk,” a leading digital catalog software that...

Day: November 16, 2023

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