Day: November 27, 2023

Acrylic acid Market Size Worth 22.96 Billion in 2032 | Emergen Research

Written by Customer Service on November 27, 2023. Posted in Mergers And Acquisitions.

Rising superabsorbent polymers and increasing adoption of acrylic acid in the construction industry and need for adhesives and sealants are key factors driving acrylic acid Market revenue growth Vancouver, Nov. 27, 2023 (GLOBE NEWSWIRE) — The global acrylic acid market size was USD 14.70 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.7% during the forecast period. Key drivers include the surging demand for superabsorbent polymers, the increasing adoption of acrylic acid in construction, and the growing need for adhesives and sealants. Acrylic acid, a highly reactive carboxylic acid with versatile applications, is pivotal in adhesives, surface coatings, cements, and more. Its purity, especially in technical and glacial grades, is vital for industries like chemical, polymer, water treatment, and textiles. The...

Altai Announces Election of the Board of Directors and Stock Option Grants

Written by Customer Service on November 27, 2023. Posted in Public Companies.

TORONTO, Nov. 27, 2023 (GLOBE NEWSWIRE) — Altai Resources Inc. (ATI, TSX VENTURE; US SEC Rule 12g3-2(b) File # 82-2950) (the “Company”) is pleased to announce that at its annual general meeting of the shareholders held on November 24, 2023 in Toronto (the “Meeting”), Dr. Niyazi Kacira, Jeffrey S. Ackert, Maria Au and Harold Tan were elected as Directors of the Company. In the Meeting, MS Partners LLP, Chartered Professional Accountants were appointed as Auditors of the Company. On November 24, 2023, the Company granted stock options to four directors and an officer for a total of 1,000,000 shares to purchase common shares of the Company at an exercise price of $0.10 per share and expiring November 23, 2028. The grants are to replace options that expired on August 29, 2023 without being exercised and for an option of 200,000 shares...

Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023

Written by Customer Service on November 27, 2023. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, Nov. 27, 2023 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $10.4 million and net income attributable to common stockholders of $9.9 million for the third quarter of 2023. The 2023 third quarter results compared to a net income of $10.7 million and net income attributable to common stockholders of $10.4 million for the same period in 2022. Earnings per share, basic and diluted, for the third quarter of 2023 were $0.88 and $0.27, respectively. Revenue was $24.1 million ($23.4 million net of voyage expenses) for the third quarter of 2023, compared to $22.1 million ($18.8 million net of voyage expenses) for the same period in 2022. This increase was attributable to the increase...

Guardian Capital Announces Additional Ex-Dividend Information for November 2023 Distributions for Certain Guardian Capital ETFs

Written by Customer Service on November 27, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 27, 2023 (GLOBE NEWSWIRE) — Guardian Capital LP today announced that the Toronto Stock Exchange (“TSX”) is requiring it to amend the ex-dividend date for the November 2023 cash distributions for the Guardian Capital ETFs (as defined below) due to an administrative error in making a filing under the TSX rules. All other dates and information, including the applicable record date, relating to the November 2023 cash distributions for the Guardian Capital ETFs, previously communicated in Guardian Capital LP’s November 16, 2023 press release, remain unchanged. The amended ex-dividend date required by the TSX is November 27, 2023. Trading and capital activity with respect to the Guardian Capital ETFs on the previously announced ex-dividend dates was not impacted by this administrative error, and all purchases and sales...

Azrieli Group Reports Q3/2023 Results

Written by Customer Service on November 27, 2023. Posted in Earnings Releases And Operating Results.

Same Property NOI in Q3 is up around 6% FFO (excluding senior housing) in Q3 is up around 14% totaling some NIS 367 million; total FFO is up around 21% totaling some NIS 398 million After the report date, the Company closed the transaction for the sale of its holdings in Compass for gross consideration of approx. NIS 3.2 billion. Net cash flow (after a provision for tax and transaction expenses) is approx. NIS 2.7 billion and the accounting profit is expected to be around NIS 0.9 billionFinancial Highlights for Q3/2023NOI in Q3 totaled some NIS 535 million, compared with some NIS 513 million year-over-year, up some 4%. The increase mainly derives from rent increases in malls and offices. The increase was partially offset by non-inclusion of Compass’s results already in the current quarter. Same Property NOI was up around 6% in Q3. FFO...

North America’s Sky-High Dominance: Leading Drone Services Market Share

Written by Customer Service on November 27, 2023. Posted in Mergers And Acquisitions.

Chicago, Nov. 27, 2023 (GLOBE NEWSWIRE) — The overall drone services market size is projected to experience significant growth, transitioning from USD 17.0 billion in 2023 to USD 57.8 billion by 2028, reflecting a notable Compound Annual Growth Rate (CAGR) of 27.7% between 2023 and 2028. Notably, North America is anticipated to hold the most substantial share of the drone services market in 2023. Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80726041 Drone services constitute a dynamic market that provides services through flying drones capable of remote control or autonomous flight, achieved by integrating software-controlled flight plans into their embedded systems. These commercial drone services offer support to various industries, including agriculture, insurance, construction, marine, aviation,...

Digerati Technologies Reports 31% Revenue Growth to $31.6 Million for Fiscal Year 2023

Written by Customer Service on November 27, 2023. Posted in Public Companies.

– Non-GAAP Adjusted Operating EBITDA of $4.774 Million –– Gross Profit of $20.337 Million –– Strong Gross Margin Improvement to 64.3% – SAN ANTONIO, Nov. 27, 2023 (GLOBE NEWSWIRE) — Digerati Technologies, Inc. (OTCQB: DTGI) (“Digerati” or the “Company”), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, announced today financial results for the twelve months ended July 31, 2023, the Company’s Fiscal Year 2023. Key Financial Highlights for the Twelve Months Ended July 31, 2023 (Compared to the Twelve Months Ended July 31, 2022)Revenue increased by 31% to $31.623 million compared to $24.154 million. Gross profit increased 37% to $20.337 million compared to $14.808 million. Gross...

Scilex Holding Company announces completion of commercial manufacturing of Gloperba® with the brand marketed and distributed under Scilex Pharmaceuticals, Inc. and is expecting to Launch in the U.S. in the first quarter of 2024

Written by Customer Service on November 27, 2023. Posted in Public Companies.

Exhibit A-1Exhibit A-1Exhibit A-2Exhibit A-2Exhibit BExhibit BGloperba® is the first and only liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. Gout is a painful arthritic disorder affecting an estimated 9.2 million people in the United States1. As gout cases increase every year, treatment requirements increase. The gout treatment market is projected to be $2.0 billion in the U.S. by 2028 with a well-defined area of unmet need.2 Scilex is well-positioned to market and distribute Gloperba®:Scilex has a direct distribution network to national and regional wholesalers and pharmacies throughout the U.S. Scilex has an experienced commercial and managed care team that has successfully launched and grown market access for ZTlido® (lidocaine topical...

Major Triumph: Music Licensing, Inc. (OTC:SONG) Secures Coveted Royalty Stakes in Masterpieces by Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, & Halsey

Written by Customer Service on November 27, 2023. Posted in Public Companies.

Naples, Florida, Nov. 27, 2023 (GLOBE NEWSWIRE) — In a momentous stride, Music Licensing, Inc. (OTC:SONG) has etched its name in the annals of the music industry by acquiring substantial royalty stakes in the Mechanical Rights, Public Performance Rights, and Sync Rights of timeless works by global sensations Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey. This extraordinary move underscores Music Licensing, Inc.’s unwavering commitment to innovation and the dynamic diversification of revenue streams. The seamless administration of these acquired rights will be executed through a third-party arrangement with the esteemed Kobalt Music Group, adding a layer of prestige to this monumental achievement. Distinguished works by these musical icons include:Miley Cyrus – “Unholy” Elton...

Westboro Mortgage Investment Fund Announces an Increase to its Monthly Distribution to Investors for the 3rd time in 2023

Written by Customer Service on November 27, 2023. Posted in Dividend Reports And Estimates.

OTTAWA, Nov. 27, 2023 (GLOBE NEWSWIRE) — Effective November 30th, 2023, the Westboro Mortgage Investment Fund (“the Fund”) has increased the monthly distribution per eligible Class F unit from $0.075/Unit (75 bps) to $0.080/Unit (80 bps). This increase translates into a non-compounded annualized return of 9.60%. If the investor chooses to participate in the distribution reinvestment plan (DRIP), it will then result in a compounded annualized return of 10.03%. “We are continuing to witness a healthy and robust alternative residential mortgage pipeline. The ongoing increased interest rate environment has resulted in an influx of highly qualified borrowers who no longer are able to meet the stringent, regulatory stress test requirements set by the traditional banks,” said Nick Christopoulos, CEO of Westboro Mortgage Investment Fund. About Westboro...

Day: November 27, 2023

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