Applied UV Announces Third Quarter 2023 Financial Results, Revenue Increases to $11.4 Million, Adjusted EBITDA (non-GAAP) Improves 30.8% Year Over Year

Written by Customer Service on November 17, 2023. Posted in Earnings Releases And Operating Results.

NEW YORK, NY, Nov. 17, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Applied UV, Inc. (NASDAQ: AUVI), a leader in global food security, air quality, and specialty building solutions today announced financial results for the third quarter and nine months ended September 30, 2023. “With continued strong revenue momentum and sustained progress on the path to profitability, we are delivering against the key milestones we laid out earlier this year. I’m proud of how our teams are executing our growth strategy,” said Max Munn, CEO of Applied UV. “Our innovation and commercial capabilities continue to enhance the value proposition of our brands and we have made meaningful progress on our transformation initiatives to improve our operational execution. We remain confident that these efforts will position us to deliver significant...

HII is Awarded Contract for DDG 51-Class Follow Yard Support

Written by Customer Service on November 17, 2023. Posted in Public Companies.

USS Jack H. Lucas (DDG 125) HII’s Ingalls Shipbuilding division was award a cost-plus-award fee contract from the U.S. Navy on Fri., Nov. 17 for follow yard support of the Navy’s Arleigh Burke-class (DDG 51) destroyer program. Pictured is USS Jack H. Lucas (DDG 125) during builder’s trials in April 2023. USS Jack H. Lucas is the most recent Ingalls-built Arleigh Burke-class destroyer commissioned into the U.S. Navy. PASCAGOULA, Miss., Nov. 17, 2023 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that its Ingalls Shipbuilding division received a cost-plus-award fee contract from the U.S. Navy for follow yard support of the Navy’s Arleigh Burke-class (DDG 51) destroyer program. This contract, which allows for the continuation of key technical management and support functions that enable coordinated production of DDGs...

Partners Value Investments L.P. Announces Q3 2023 Interim Results

Written by Customer Service on November 17, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the nine months ended September 30, 2023. All amounts are stated in U.S. dollars. The Partnership recorded net income of $18.7 million for the quarter ended September 30, 2023, compared to net income of $51.0 million in the prior year quarter. The decrease in income in the current period was primarily driven by lower foreign currency gains and tax recoveries. A gain of $17.0 million was attributable to the Equity Limited Partners ($0.21 per Equity LP unit) and income of $1.7 million was attributable to Preferred Limited Partners. As at September 30, 2023, the market prices of a Brookfield Corporation (formerly known as Brookfield Asset Management Inc., the “Corporation”,...

Partners Value Investments Inc. Announces Q3 2023 Interim Results

Written by Customer Service on November 17, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the nine months ended September 30, 2023. All amounts are stated in U.S. dollars. The Company recorded net income of $72.1 million for the three months ended September 30, 2023, compared to net income of $343.9 million in the prior year period. Net income was lower in the current period primarily due to lower remeasurement gains on the Company’s retractable shares and warrant liability as well as lower foreign currency gains. The Company’s retractable common shares are classified as liabilities due to their cash retraction feature. The remeasurement gains or losses in a given period are driven by the respective depreciation or appreciation of the Partnership unit price as the exchangeable...

LGI Homes Announces Pricing of $400 Million of Unsecured Senior Notes due 2028

Written by Customer Service on November 17, 2023. Posted in Public Companies.

THE WOODLANDS, Texas, Nov. 17, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) (“LGI Homes” or the “Company”) today announced that it has priced its previously announced offering (the “Offering”) of $400 million aggregate principal amount of unsecured Senior Notes due 2028 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The Notes will bear interest at a rate of 8.750% per annum. The Notes will be initially guaranteed, jointly and severally, on a senior unsecured basis by the Company’s subsidiaries that guarantee the Company’s obligations under its revolving credit facility. The...

Aurora Spine Grants Stock Options

Written by Customer Service on November 17, 2023. Posted in Public Companies.

Carlsbad, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV:ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, announces that it has granted options (the “Options”) to acquire 1,000,000 common shares of the Company to Trent J. Northcutt, President & CEO. The Options are exercisable at a price of CDN$0.395 per common share and vest one third on the first, second and third annual anniversaries from the date of grant. The Options have a term of five years and are subject in all respects to the terms of the Company’s stock option plan. The Option grants constitute a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security...

Bombardier Announces Closing of its New Issuance of Senior Notes due 2030

Written by Customer Service on November 17, 2023. Posted in Dividend Reports And Estimates.

MONTRÉAL, Nov. 17, 2023 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has successfully closed its previously announced offering of US$750 million aggregate principal amount of Senior Notes due 2030 (the “New Notes”). The New Notes carry a coupon of 8.750% per annum, mature on November 15, 2030 and were sold at 100.000% of par. Bombardier intends to use the proceeds of the offering of the New Notes, together with cash on hand, (i) to fund the redemption of all of its outstanding 7.50% Senior Notes due 2025, (ii) to finance the offers to purchase up to $360 million aggregate purchase amount (exclusive of accrued and unpaid interest) of its outstanding 7.125% Senior Notes due 2026 and 7.875% Senior Notes due 2027, and/or for the repayment of other indebtedness, and (iii) for the payment of accrued interest...

Oriental Culture Holding LTD Announces First Half Year of 2023 Unaudited Financial Results

Written by Customer Service on November 17, 2023. Posted in Earnings Releases And Operating Results.

HONG KONG, Nov. 17, 2023 (GLOBE NEWSWIRE) — Oriental Culture Holding LTD. (“OCG” or the “Company”) (NASDAQ: OCG), a leading online provider of collectibles and artwork e-commerce services, today announced its unaudited financial results for the six months ended June 30, 2023. First Half Year of 2023 Financial Highlights Total revenues were approximately $0.8 million for the six months ended June 30, 2023, compared to approximately $17.0 million for the six months ended June 30, 2022. Gross profit was approximately $0.6 million for the six months ended June 30, 2023, compared to approximately $16.0 million for the six months ended June 30, 2022. Profit margin was 76.0% for the six months ended June 30, 2023, compared to 93.7% for the six months ended June 30, 2022. Loss from operations was approximately $2.4 million for the...

Abaxx Announces Results of 2023 Annual and Special Meeting of Shareholders

Written by Customer Service on November 17, 2023. Posted in Public Companies.

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Abaxx Technologies Inc., (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange and Clearinghouse (“Abaxx Singapore”), and producer of the SmarterMarkets™ Podcast, is pleased to announce the results of its annual and special meeting of shareholders held in Toronto on November 16, 2023 (the “Meeting”). A total of 8,328,314 common shares, representing 32.7% of the issued and outstanding common shares of the Company, were represented at the Meeting. Shareholders of the Company approved an increase of the size of the board of the directors to seven (7), and all seven (7) directors proposed by management were elected to the Company’s board for the ensuing year. The following is a...

Secoo Receives Delisting Notice from Nasdaq and Plans to Request Hearing

Written by Customer Service on November 17, 2023. Posted in Public Companies.

BEIJING, Nov. 17, 2023 (GLOBE NEWSWIRE) — Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ: SECO) today announced that on November 14, 2023, it received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”), which notified the Company that the Nasdaq Listing Qualifications Staff has initiated a process to delist the Company’s American Depositary Shares (the “ADSs”) from Nasdaq. The Staff Determination will not immediately result in the suspension of trading or delisting of the Company’s ADSs, and the Nasdaq Listing Rules provide a procedure for the Company to appeal the Staff Determination to a Nasdaq Hearings Panel and seek a stay of suspension pending the outcome of the hearing, as described below. The Staff Determination was issued...

Day: November 17, 2023

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