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Day: December 15, 2023

Calhoun Agency Joins World Insurance Associates

Iselin, NJ, Dec. 15, 2023 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Calhoun Agency, Inc. (“Calhoun”) of Haddonfield, NJ on  December 1, 2023. Terms of the transaction were not disclosed. Calhoun was founded in 1926 and has been serving the insurance needs of individuals and businesses in New Jersey and Pennsylvania for close to 100 years. “Calhoun is committed to a high standard of excellence in all we do,” says Chuck Calhoun, President, Calhoun Agency. “We take professional responsibility to help our customers make the right insurance decisions very seriously, and I know World follows the same approach. We look forward to expanding the products and services we provide to our customers.” “I would like to welcome Calhoun to the World...

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Kvika banki hf. – Financial Calendar 2024

Kvika will host its Annual General Meeting and publish its interim consolidated and annual consolidated financial statements according to the below financial calendar for the year 2024:Event Date TimeQ4 2023 Results 15 February 2024 ThursdayAnnual General Meeting 2024 21 March 2024 ThursdayQ1 2024 Results 2 May 2024 ThursdayQ2 2024 Results 15 August 2024 ThursdayQ3 2024Results 31 Ocktober 2024 ThursdayQ4 2024 Results 15 February 2025 ThursdayAll dates are subject to changes.

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ERES REIT Declares December 2023 Monthly Distribution

TORONTO, Dec. 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the December 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “December Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on December 29, 2023, with payment on January 15, 2024. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01461 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered...

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AFC Gamma Announces Fourth Quarter 2023 Dividend

Declares $0.48 dividend per share for the quarter ending December 31, 2023 WEST PALM BEACH, Fla., Dec. 15, 2023 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced its dividend for the quarter ending December 31, 2023. The Board of Directors of AFC Gamma declared a quarterly dividend of $0.48 for the quarter ending December 31, 2023 per outstanding share of common stock, payable on January 12, 2024 to the common stockholders of record on December 31, 2023. The December quarterly dividend is in line with the September quarterly dividend. About AFC Gamma, Inc. AFC Gamma, Inc. (NASDAQ:AFCG) is a publicly-traded, institutional lender that originates, structures and underwrites loans secured by commercial real estate and other types of financing solutions. AFC Gamma targets direct lending and bridge loan opportunities...

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EnWave Reports 2023 Fourth Quarter and Annual 2023 Consolidated Financial Results

VANCOUVER, British Columbia, Dec. 15, 2023 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) reported the Company’s consolidated interim financial results for the fourth quarter and fiscal year ended September 30, 2023. All values in thousands and denoted in CAD unless otherwise stated.EnWave’s annual 2023 financial results demonstrated positive Adjusted EBITDA(1), strong margins, reduced expenses and a stable cash position. Q4 financial performance was down year over year due to the inherent volatility in large-scale Radiant Energy Vacuum (“REV™”) machine orders. Reported revenue for Q4 2023 of $1,457, representing a decrease of $1,367 relative to the comparable period in the prior year. The decrease was primarily due to fewer machine contracts in the quarter and was...

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UFG Appoints Kelly Walsh Chief Underwriting Officer

CEDAR RAPIDS, Iowa, Dec. 15, 2023 (GLOBE NEWSWIRE) — United Fire Group Inc. (Nasdaq: UFCS) (UFG) is pleased to announce the appointment of Kelly Walsh as chief underwriting officer, effective December 27, 2023. As chief underwriting officer, Walsh will lead all underwriting functions at UFG, maintaining full profit and loss and strategic accountability across all lines of business, applying a high level of underwriting governance and rigor to each business unit. Walsh has over two decades of insurance industry experience and began her career as an actuary in 2001. She transitioned to underwriting in 2005 and held a variety of leadership positions, most recently serving as senior vice president, global product leader for general liability at CNA Insurance, where she built her career over the past 22 years. She earned a bachelor’s...

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La Rosa Acquires Third Real Estate Brokerage Franchisee with Revenue of $3.4 Million and Positive Net Income in 2022

Targeting $100 million of annualized revenue as a 2024 exit run rate Celebration, FL, Dec. 15, 2023 (GLOBE NEWSWIRE) — La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has acquired a 100% interest in the Company’s franchisee – La Rosa Realty CW Properties, LLC (“CW Properties”) located in Longwood, Florida. CW Properties generated revenue of $3.4 million and had positive net income in 2022. The franchisee provides residential and commercial real estate brokerage services. It also provides coaching and support services to agents on a fee basis. Joe La Rosa, CEO of the Company, commented, “We continue to execute on our planned roll-up strategy of acquiring franchisees,...

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Dividend 15 Split Corp. Dividend Declarations/Portfolio Update

TORONTO, Dec. 15, 2023 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (The “Company”) declares its monthly distribution of $0.10000 for each DFN Class A share ($1.20 annualized) and $0.04583 for each DFN.PR.A Preferred share ($0.550 annually). Distributions are payable January 10, 2024 to shareholders on record as at December 29, 2023.  The Company used available cash on hand to buy back and cancel 1,866,500 Class A shares at an average price of $4.02. The Company also purchased and cancelled 672,500 Preferred shares at an average price of $9.63. These purchases were made below net asset value in order to enhance the value for remaining shareholders. Since inception Class A shareholders have received a total of $26.40 per share and Preferred shareholders have received a total of $10.49 per share inclusive of this distribution,...

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Scilex Holding Company announces major pharmacy initiative with the national leading pharmacy chain to stock ELYXYB® in most of their stores throughout the U.S.

National leading pharmacy chain to stock ELYXYB® in most of their stores throughout the U.S. Previously, Scilex Holding Company announced pharmacy initiative to stock ELYXYB® for the other leading pharmacy chain in the U.S.   Scilex is also in the process of negotiating similar potential stocking arrangements with additional pharmacy chains remaining in the U.S.PALO ALTO, Calif., Dec. 15, 2023 (GLOBE NEWSWIRE) — Scilex Holding Company (Nasdaq: SCLX, “Scilex” or “Company”), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain, today announced a national leading pharmacy chain to stock ELYXYB®. Previously, Scilex Holding Company announced pharmacy initiative to stock ELYXYB® for the other leading pharmacy chain...

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Nexxen SSP Partners with Taiv to Expand CTV OOH Offering

The partnership aims to bring new opportunities in a growing category to brands and advertisers NEW YORK, Dec. 15, 2023 (GLOBE NEWSWIRE) — Nexxen, a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), today announced a partnership between its supply-side platform, Nexxen SSP, and out of home (“OOH”) advertising group Taiv to offer connected TV (“CTV”) OOH opportunities to clients across the advertising ecosystem. The partnership delivers immersive, high impact ad experiences, reaching audiences on the biggest and most prominent screens in sports bars and restaurants across major designated market areas spanning the United States. Specifically, Taiv’s ad units – strategically positioned alongside premium content, such as live sports – offer an increased level of engagement in high...

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