December 6, 2023 – Page 2

Fortis Inc. Announces First Quarter Dividends – 2024

Written by Customer Service on December 6, 2023. Posted in Dividend Reports And Estimates.

This news release constitutes a “designated news release” for the purposes of the Corporation’s prospectus supplement dated September 19, 2023 to its short form base shelf prospectus dated November 21, 2022. ST. JOHN’S, Newfoundland and Labrador, Dec. 06, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) has declared the following dividends payable on March 1, 2024 to the Shareholders of Record of the following Shares of the Corporation at the close of business on February 16, 2024: $0.3063 per share on the First Preference Shares, Series “F”; $0.3826875 per share on the First Preference Shares, Series “G”; $0.11469 per share on the First Preference Shares, Series “H”; $0.412055 per...

17 Education & Technology Group Inc. Announces Third Quarter 2023 Unaudited Financial Results

Written by Customer Service on December 6, 2023. Posted in Earnings Releases And Operating Results.

BEIJING, Dec. 07, 2023 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2023. Third Quarter 2023 Highlights1 Net revenues were RMB45.1 million (US$6.2 million), compared with net revenues of RMB124.6 million in the third quarter of 2022. Gross margin was 54.1%, compared with 74.5% in the third quarter of 2022. Net loss was RMB72.9 million (US$10.0 million), compared with net loss of RMB23.5 million in the third quarter of 2022. Net loss as a percentage of net revenues was negative 161.6% in the third quarter of 2023, compared with negative 18.9% in the third quarter of 2022. Adjusted net loss2 (non-GAAP), which excluded share-based compensation expenses...

Edoc Acquisition Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

Written by Customer Service on December 6, 2023. Posted in Public Companies.

Victor, NY, Dec. 06, 2023 (GLOBE NEWSWIRE) — Edoc Acquisition Corp. (NASDAQ: ADOC) (the “Company”) announced that it received a letter from The Nasdaq Capital Market (“Nasdaq”) on November 30, 2023 indicating that (i) the Company’s failure to file its Quarterly Report on Form 10-Q for the period ended September 30, 2023 (the “Form 10-Q”), in violation of the Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”), serves as an additional basis for delisting the Company’s securities from Nasdaq based on Listing Rule 5810(b) and (ii) the Nasdaq Hearings Panel (the “Panel”) will consider this additional deficiency in its decision regarding the Company’s continued listing on the Nasdaq. On December 1, 2023, the Company filed the Form 10-Q with the Securities and Exchange Commission. As previously disclosed,...

Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock

Written by Customer Service on December 6, 2023. Posted in Public Companies.

SAN JUAN, Puerto Rico, Dec. 06, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”) today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company. ThinkEquity is acting as sole book-running manager for the offering. The Company expects to grant the underwriter a 45-day option to purchase up to an additional 15% of the number of shares of common stock sold in this offering to cover over-allotments, if any. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the proceeds from the offering for general corporate purposes, working...

CN to Acquire Iowa Northern Railway

Written by Customer Service on December 6, 2023. Posted in Mergers And Acquisitions.

Acquisition Will Provide Options for Shipping to and from Iowa MONTREAL, Dec. 06, 2023 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced that it has signed and closed an agreement to acquire Iowa Northern Railway (IANR), which operates approximately 275 track miles in Iowa connecting to CN’s U.S. rail network. The transaction closed into an independent voting trust pending regulatory review of the transaction by the U.S. Surface Transportation Board (STB). IANR serves upper Midwest agricultural and industrial markets covering many goods, including biofuels and grain. This transaction represents a meaningful opportunity to support the growth of local business by creating single-line service to North American destinations, while preserving access to existing carrier options. “We are delighted to have reached an agreement...

Patria Investments Signs Agreement to Acquire Credit Suisse’s Real Estate Business in Brazil

Written by Customer Service on December 6, 2023. Posted in Mergers And Acquisitions.

Transaction allows Patria to further scale its Real Estate vertical through acquisition of team and funds totaling approximately R$ 12 billion in assets under management, and positions the firm to manage one of the largest and most diversified portfolios in the Brazilian market GRAND CAYMAN, Cayman Islands, Dec. 06, 2023 (GLOBE NEWSWIRE) — Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager and market leader in Latin America, announces the signing of an agreement for the acquisition of Credit Suisse’s Real Estate business in Brazil (“CSHG Real Estate”), for total cash consideration of up to R$ 650 million (~US$ 130 million). The transaction is structured with R$ 300 million (~US$ 60 million) due upon completion of standard regulatory approvals, and up to an additional R$ 350 million (~$US...

ROHM Now Offers the Industry’s Largest* Library of LTspice Models by Adding SiC Power Devices and IGBTs

Written by Customer Service on December 6, 2023. Posted in Public Companies.

Improves design convenience by allowing designers to incorporate power devices in circuit simulations ROHM’s LTspice Models Library Now Includes SiC Power Devices and IGBTs LTspice models now cover over 80% of all products on ROHM’s website Circuit Simulation Image Using LTspice Users can select from over 3,500 LTspice models to verify that circuits are operating as designed Santa Clara, CA and Kyoto, Japan, Dec. 06, 2023 (GLOBE NEWSWIRE) — ROHM Semiconductor today announced an expansion to their SPICE model lineup for the LTspice®[1] circuit simulator, increasing its number of models to more than 3,500 for discretes (which can be downloaded from product pages). In addition to the existing lineup of bipolar transistors, diodes, and MOSFETs, ROHM has added SiC power devices and IGBTs to the library. This...

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2023

Written by Customer Service on December 6, 2023. Posted in Dividend Reports And Estimates.

EXTON, Pa., Dec. 06, 2023 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on January 4, 2024, to shareholders of record on December 19, 2023. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult...

First Watch Announces Appointment of Jostein Solheim to Board of Directors

Written by Customer Service on December 6, 2023. Posted in Public Companies.

Leading Daytime Dining concept strengthens Board with appointment of new independent director BRADENTON, Fla., Dec. 06, 2023 (GLOBE NEWSWIRE) — First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Jostein Solheim to its Board of Directors effective immediately. Solheim is an experienced chief executive officer who currently serves as the CEO, Health & Wellbeing at Unilever PLC. “We are excited to welcome Jostein to the Board of Directors of First Watch, and we look forward to leveraging his extensive marketing and brand management expertise,” said Ralph Alvarez, Chairman of the Board of Directors of First Watch. “Jostein is a proven leader who has spent his career at Unilever driving transformative...

Results From the Annual and General Shareholders Meeting and Stock Options

Written by Customer Service on December 6, 2023. Posted in Public Companies.

ROUYN-NORANDA, Quebec, Dec. 06, 2023 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX VENTURE: ABI) is pleased to announce the results of its Annual and General Meeting of Shareholders held on December 6, 2023 (the “Meeting”). The shareholders elected each of the nominees presented in the management circular relating to the Meeting, namely: Pascal Hamelin, Daniel Adam, René Branchaud, Loic Bureau, Jasmine Hinse, Lise Kistabish and François Mestrallet. Lise Kistabish is a new director of the Corporation. Mrs. Kistabish graduated from the National School of Public Administration (ENAP) in public management in a First Nation context. She has over 25 years of experience in management and has been Director of training, employment and social development for the Abitibiwinni First Nation Council since May 2019. The...

Day: December 6, 2023

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice