Day: December 18, 2023

Keg Restaurants Ltd. Announces Retirement of Neil Maclean and Appointment of Erin Legge in CFO Transition

Written by Customer Service on December 18, 2023. Posted in Public Companies.

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, Dec. 18, 2023 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) and Keg Restaurants Ltd. (“The Keg” or the “Company”) today announced that Mr. Neil Maclean, the Executive Vice President & CFO of The Keg, and director of the Fund, has indicated his plans to retire. Mr. Maclean will remain with The Keg and continue to serve as a director of the Fund through June 2024 to ensure a smooth transition. “It’s been my absolute pleasure and privilege to have worked for one of Canada’s best companies for over 40 years,” said Mr. Maclean. “Our distinctive excellence has always been due to our people, whether it be our talented and dedicated employees,...

Linkage Global Inc Announces Pricing of $6,000,000 Initial Public Offering

Written by Customer Service on December 18, 2023. Posted in Public Companies.

Tokyo Japan, Dec. 18, 2023 (GLOBE NEWSWIRE) — Linkage Global Inc (the “Company” or “Linkage”), a cross-border e-commerce integrated service company headquartered in Japan, today announced the pricing of its initial public offering (the “Offering”) of 1,500,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share for total gross proceeds of $6,000,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on December 19, 2023, under the ticker symbol “LGCB.” The Company has granted the underwriters an option, exercisable within 45 days from the closing date of the Offering, to purchase up to an additional 225,000 Ordinary Shares at...

Paul Mueller Company Completes the Terminations of the Paul Mueller Company Contract Employees Retirement Plan and the Paul Mueller Company Noncontract Employees Retirement Plan

Written by Customer Service on December 18, 2023. Posted in Public Companies.

SPRINGFIELD, Mo., Dec. 18, 2023 (GLOBE NEWSWIRE) — Paul Mueller Company (OTC Pink: MUEL) (the “Company”) has completed the terminations of the Paul Mueller Company Contract Employees Retirement Plan and the Paul Mueller Company Noncontract Employees Retirement Plan. Both standard terminations were announced in late 2022 and subsequently approved by the Internal Revenue Service. The Company funded an additional $7.4 million to complete the terminations with the affected participants receiving either a lump sum payment or a monthly annuity payment provided by the selected insurance company, Principal Life Insurance Company. The terminations will result in an estimated non-cash reduction in 2023 pretax earnings of approximately $42 million. This press release contains forward-looking statements that provide current expectations of...

SmartCentres Declares Distribution for December 2023

Written by Customer Service on December 18, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of December 2023 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on January 15, 2024 to unitholders of record as at December 29, 2023. About SmartCentres SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500...

The New America High Income Fund, Inc. Declares Special Dividend

Written by Customer Service on December 18, 2023. Posted in Dividend Reports And Estimates.

BOSTON, Dec. 18, 2023 (GLOBE NEWSWIRE) — The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a special dividend of $.0475 per share on the company’s common stock on January 31, 2024 to common shareholders of record as of the close of business on December 29, 2023. The ex-dividend date will be December 28th. The Fund has released updated portfolio data which can be found on the Fund’s website at www.newamerica-hyb.com. The New America High Income Fund, Inc. is a diversified, closed-end management investment company with a leveraged capital structure. The Fund’s investment adviser is T. Rowe Price Associates, Inc. (“T. Rowe Price”). As of September 30, 2023, T. Rowe Price and its affiliates managed approximately $1.3 trillion of assets, including approximately $19 billion of “high yield”...

FLINT to pay interest on Senior Secured Debentures in kind

Written by Customer Service on December 18, 2023. Posted in Public Companies.

CALGARY, Alberta, Dec. 18, 2023 (GLOBE NEWSWIRE) — FLINT Corp. (“FLINT”) (TSX: FLNT) is pleased to announce that Canso Investment Counsel Ltd., in its capacity as portfolio manager for and on behalf of certain accounts that it manages (“Canso”), and sole holder of its 8% senior secured debentures due March 23, 2026 (the “Senior Secured Debentures”), has agreed to accept the issuance of Senior Secured Debentures on December 31, 2023 with a principal amount of $5,004,994 in order to satisfy the interest that would otherwise become due and payable on such date (the “Payment in Kind Transaction”). The Payment in Kind Transaction is permitted at the discretion of Canso under the terms of the amended trust indenture governing the Senior Secured Debentures. The Payment in Kind Transaction allows FLINT to retain the cash to...

Inno Holdings Inc. Announces Closing of $10,000,000 Initial Public Offering

Written by Customer Service on December 18, 2023. Posted in Public Companies.

Brookshire, TX, Dec. 18, 2023 (GLOBE NEWSWIRE) — Inno Holdings Inc. (“Inno” or the “Company”) (Nasdaq Capital Market: INHD), an innovative building-technology company with a mission to transform the construction industry with our proprietary cold-formed steel-framing technology and other building innovations, today announced the closing of its previously announced initial public offering of 2,5000,000 shares of common stock priced at $4.00 per share, for total gross proceeds of $10,000,000, before deducting underwriting discounts and other offering expenses (the “Offering”). The Offering closed on December 18, 2023. The shares of common stock began trading on the Nasdaq Capital Market stock exchange on December 14, 2023, under the ticker symbol “INHD.” The Company has granted the underwriters an option, within 45 days from the...

Conn’s, Inc. Reports Third Quarter Fiscal Year 2024 Financial Results

Written by Customer Service on December 18, 2023. Posted in Earnings Releases And Operating Results.

THE WOODLANDS, Texas, Dec. 18, 2023 (GLOBE NEWSWIRE) — Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of home goods, including furniture and mattresses, appliances, and consumer electronics, today announced its financial results for the quarter ended October 31, 2023. “We remain focused on pursuing strategic priorities aimed at turning around our retail performance and better serving our core credit constrained customers. I am pleased with the progress we made during the third quarter as we experienced strong year-over-year growth in credit applications and eCommerce sales. Despite the progress we are making, our third-quarter performance continued to reflect persistent industry headwinds and challenging economic conditions,” stated Norm Miller, President and Chief Executive Officer. “Today we also...

Conn’s, Inc. Announces Transformative Transaction with W.S. Badcock LLC

Written by Customer Service on December 18, 2023. Posted in Mergers And Acquisitions.

Accelerates growth opportunities by combining two complementary businesses with similar product categories, payment solutions and customer profiles Combines Conn’s in-house credit platform and expertise with Badcock’s existing financing capabilities Increases scale and expands Conn’s presence across the southeastern U.S., creating one of the largest home goods retailers with 550+ stores across 15 states and approximately $1.85 billion in revenue Strengthens financial profile with over $50 million of expected cost synergies on a run-rate basis in 18 months, enhances Conn’s balance sheet by bringing approximately $125 million of incremental liquidity with the addition of Badcock collateral and extends debt maturities by three years Names Norm Miller President and CEO of the combined companyTHE WOODLANDS, Texas, Dec. 18, 2023 (GLOBE...

Quipt Home Medical Reports Record Fourth Quarter and Fiscal Year 2023 Financial Results Posting Revenue Growth of 59% and Adjusted EBITDA Growth of 73%

Written by Customer Service on December 18, 2023. Posted in Earnings Releases And Operating Results.

Posts Very Strong Adjusted EBITDA % of Revenue of 23.5% for Fiscal Q4 and 22.8% for Fiscal Year 2023 CINCINNATI, Dec. 18, 2023 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, today announced its fourth quarter and fiscal year 2023 financial results and operational highlights. These results pertain to the three months and year ended September 30, 2023, and are reported in United States dollars (“$”, “dollars” and “US$”) and have been rounded to the nearest hundred thousand. Quipt will host its Earnings Conference Call on Tuesday, December 19, 2023, at 10:00 a.m. (ET). The dial-in number is 1 (800) 319-4610 or 1 (604) 638-5340. The live audio webcast can be found on the investor...

Day: December 18, 2023

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