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Day: November 20, 2023

Seaport Global Acquisition II Corp Announces Termination of Merger Agreement with American Battery Materials, Inc. and Redemption of Public Shares

NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) — Seaport Global Acquisition II Corp. (Nasdaq: SGII) (the “Company”), a special purpose acquisition company, today announced that it has terminated the previously announced agreement and plan of merger (the “merger agreement”) with American Battery Materials, Inc. The Company also announced today that, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation, as amended (the “Amended Charter”), the Company intends to dissolve and liquidate in accordance with the provisions of the Amended Charter. As a result, the Company will redeem all of the remaining outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”),...

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Singing Machine to Announce its Financial Results for the Second Quarter Fiscal 2024

Fort Lauderdale, FL, Nov. 20, 2023 (GLOBE NEWSWIRE) — The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) — the worldwide leader in consumer karaoke products — today announced that its earnings for its second quarter fiscal 2024 will be released tomorrow, Tuesday November 21, 2023. The same day Management will host a conference call at 10:00 AM Eastern time to discuss the financial results and provide a business update. Conference Call Details: Date: Tuesday November 21, 2023Time: 10:00 AM EST Dial-in number: (800) 225-9448 Conference ID: MICS An audio rebroadcast of the call will be available later in the day at: http://www.singingmachine.com/investors About The Singing Machine The Singing Machine Company, Inc. (NASDAQ: MICS) is the worldwide leader in consumer karaoke products. Based...

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NeurAxis Reports Third Quarter 2023 Financial Results

CARMEL, Ind., Nov. 20, 2023 (GLOBE NEWSWIRE) — NeurAxis, Inc. (NYSE American: NRXS) (“NeurAxis” or the “Company”), a medical technology company commercializing neuromodulation therapies that address chronic and debilitating conditions in children and adults, today reported financial results for the third quarter ended September 30, 2023. Recent Highlights:Announced the results of a retrospective comparative study led by the Cincinnati Children’s Hospital Medical Center that was published and featured in the September 19th, 2023 Frontiers in Pain Research. The publication, Percutaneous electrical nerve field stimulation compared to standard medical therapy in adolescents with functional abdominal pain disorders, compared and reviewed the records of 101 adolescent patients with functional abdominal pain disorders (FAPD) treated...

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SPREE ACQUISITION CORP. 1 LIMITED TO SEEK REVISED, 12-MONTH EXTENSION

Shareholders to be given opportunity to participate in potential upside of business combination or redeem shares at upcoming extraordinary general meeting Atlanta, Georgia, Nov. 20, 2023 (GLOBE NEWSWIRE) —  Spree Acquisition Corp. 1 Limited (NYSE: SHAP) (“Spree” or the “Company”) announced today that it intends to call an extraordinary general meeting in the near future to seek a revised, 12-month extension of its deadline for consummating a business combination transaction. Spree’s memorandum and articles of association currently provide for a deadline of March 20, 2024 for completion of a business combination transaction. Spree does not believe that it will be able to complete such a transaction by that time and will request from its shareholders an approximate 12-month extension from the date of its upcoming general meeting...

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UpHealth Provides Corporate Update And Issues Financial Results For The Third Quarter Of 2023

~ Posts Strong Year Over Year Revenue Growth in Telehealth and Behavioral Health Businesses, Gross Margin Expanded to 54% and $5.4 million in Adjusted EBITDA ~ ~ Reviews in Detail the Voluntary Chapter 11 Protection Filings of One Division of UpHealth, Inc., UpHealth Holdings, Inc., and Certain of its Subsidiaries ~ ~ Entered into Definitive Agreement for Sale of Cloudbreak Health Business to GTCR for $180 Million ~ ~ Simplifies Strategy and Focuses on Profitable TTC, Behavioral Healthcare Business ~ DELRAY BEACH, Fla., Nov. 20, 2023 (GLOBE NEWSWIRE) — UpHealth, Inc. (“we,” “UpHealth,” or the “Company”) (NYSE: UPH), today issued a corporate update in the form of a letter to shareholders on behalf of CEO, Martin Beck, inclusive of financial results for the third quarter ended September 30, 2023. Dear Fellow Shareholders, I wanted...

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BellRing Brands Reports Results for the Fourth Quarter and Fiscal Year 2023

ST. LOUIS, Nov. 20, 2023 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the fourth fiscal quarter and fiscal year ended September 30, 2023. Highlights:Fourth quarter net sales of $472.6 million, operating profit of $78.1 million, net earnings of $46.1 million and Adjusted EBITDA* of $98.5 million Fiscal year net sales of $1,666.8 million, operating profit of $287.3 million, net earnings of $165.5 million and Adjusted EBITDA* of $338.3 million Generated $215.6 million in cash from operations in fiscal year 2023 Fiscal year 2024 net sales and Adjusted EBITDA* expected to range between $1.83-$1.91 billion and $360-$390 million, respectively*Adjusted EBITDA is a non-GAAP measure. For additional information regarding...

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Brixton Metals Closes tranche 1 of $14.5 million Private Placement

Not for distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, Nov. 20, 2023 (GLOBE NEWSWIRE) — Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it has completed the first tranche of the non-brokered private placement previously announced on October 30, 2023, November 6, 2023 and November 10, 2023 (the “Offering“). The first tranche of the Offering consisted of 15,016,666 units (“Units”) and 49,386,593 national flow-through units (“NFT Units”). The second tranche of the Offering will consist of 16,384,645 charity flow-through units (“Charity FT Units”) scheduled to close later this week, for total gross proceeds from both tranches of $14,580,535.51.   Each Unit consisted of one common share of...

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Banco Itaú Chile Announces Effectiveness of Voluntary Delisting of ADSs from the New York Stock Exchange and Filing of Form 15F to Deregister with the U.S. Securities and Exchange Commission

SANTIAGO, Chile, Nov. 20, 2023 (GLOBE NEWSWIRE) — BANCO ITAÚ CHILE (NYSE: ITCL; SSE: ITAUCL) (the “Company”) today announces that it filed a Material Event Notice with the Chilean Commission for the Financial Market (Comisión para el Mercado Financiero) announcing that the Company’s voluntary delisting of its American Depositary Shares (the “ADSs”, as evidenced by its American Depositary Receipts (“ADRs”)) from the New York Stock Exchange (the “NYSE”) has become effective. The delisting of the ADS from the NYSE will not affect the listing of the common shares of the Company (the “Common Shares”) on the Santiago Stock Exchange (Bolsa de Comercio de Santiago) and the Chilean Electronic Exchange (Bolsa Electrónica de Chile). Each ADS currently represents one-third of one Common Share. The Company will also file today a Form 15F with...

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SAGALIAM ACQUISITION CORP. ANNOUNCES A TEMPORARY RESTRAINING ORDER ON ITS EXTENSION PROXY SHAREHOLDER MEETING

New York, NY, Nov. 20, 2023 (GLOBE NEWSWIRE) — Sagaliam Acquisition Corp. (NASDAQ: “SAGAU”, “SAGA”, “SAGAR”) (“we”, “us”, “our”, or the “Company”) announced today that it received a Temporary Restraining Order on its extension proxy shareholder meeting.  On November 20, 2023, the US District Court for the District of Delaware issued a Temporary Restraining Order pursuant to Rule 65(b) of the Federal Rules of Civil Procedure. Sagaliam is restrained and enjoined from convening a shareholders meeting on Nov 21, 2023 or any date thereafter to conduct a shareholder vote on a proposal to extend the Deadline Date, until a preliminary injunction is adjudicated in favor of Sagaliam. A hearing on the portion of the Motion seeking issuance of a Preliminary Injunction is set for Dec 11, 2023 at 10 am. In GLD Partners LP and Sponsor Member...

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ARCPOINT TO HOST CONFERENCE CALL TO PROVIDE BUSINESS UPDATE AND DISCUSS 2023 Q3 FINANCIAL RESULTS

Greenville, South Carolina, Nov. 20, 2023 (GLOBE NEWSWIRE) — ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) a leading US-based franchise system providing drug testing, alcohol screening, DNA and direct to consumer (“DTC”) clinical lab testing services, announces that it will host a conference call on Wednesday, November 22, 2023 at 9:30 am Eastern time to review the Company’s financial results for the third quarter ended September 30, 2023, and provide an operational update. The dial-in number for the conference call is as follows: Canada / USA Toll Free         1-800-319-4610International Toll 1-604-638-5340 Callers should dial in 5 – 10 min prior to the scheduled start time and ask to join the ARCpoint call: ARCpoint’s President and CEO, John Constantine commented “We continue to cut costs as we roll out our MyARCpointLabs...

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