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Day: December 18, 2023

Picton Mahoney Asset Management Announces Distribution for Picton Mahoney Fortified Long Short Alternative Fund Exchange Traded Fund Units

TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) — (TSX: PFLS) Picton Mahoney Asset Management announced today that it has declared the December 2023 year-end cash distribution of $0.1523 per unit for the ETF units (“ETF Units”) of the Picton Mahoney Fortified Long Short Alternative Fund. Unitholders of record of the ETF Units, at the close of business on December 22, 2023, will receive a per-unit cash distribution payable on December 29, 2023. About Picton Mahoney Asset Management Picton Mahoney Asset Management specializes in differentiated investment solutions and rules-based volatility management. Picton Mahoney helps its clients fortify their portfolios based on experience honed over the years through different market cycles and investing environments. Founded in 2004 and 100% employee-owned, Picton Mahoney is a portfolio management...

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Cullinan Oncology to Present at the 42nd Annual J.P. Morgan Healthcare Conference

CAMBRIDGE, Mass., Dec. 18, 2023 (GLOBE NEWSWIRE) —  Cullinan Oncology, Inc. (Nasdaq: CGEM) (“Cullinan Oncology”) a biopharmaceutical company focused on modality-agnostic targeted oncology therapies, today announced that Chief Executive Officer, Nadim Ahmed, will present at the 42nd Annual J.P. Morgan Healthcare Conference, being held January 8-11, 2024 in San Francisco, CA. Mr. Ahmed’s presentation is scheduled for Thursday, January 11, at 10:30 am PST (1:30 pm EST). A live webcast of the presentation will be available via the Events and Presentations section of the Company’s investor relations website at https://cullinanoncology.com/events-and-presentations/. About Cullinan Oncology Cullinan Oncology, Inc. (Nasdaq: CGEM) is a biopharmaceutical company dedicated to creating new standards of care for patients with cancer. We innovate...

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Picton Mahoney Asset Management Announces Distribution for Picton Mahoney Fortified Market Neutral Alternative Fund Exchange Traded Fund Units

TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) — {{DATELINECITY_DATE_GLOBENEWSWIRE_BUG}(TSX: PFMN) Picton Mahoney Asset Management announced today that it has declared the December 2023 year-end cash distribution of $0.1722 per unit for the ETF units (“ETF Units”) of the Picton Mahoney Fortified Market Neutral Alternative Fund. Unitholders of record of the ETF Units, at the close of business on December 22, 2023, will receive a per-unit cash distribution payable on December 29, 2023. About Picton Mahoney Asset Management Picton Mahoney Asset Management specializes in differentiated investment solutions and rules-based volatility management. Picton Mahoney helps its clients fortify their portfolios based on experience honed over the years through different market cycles and investing environments. Founded in 2004 and 100% employee-owned,...

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Qorvo Forms a Strategic Partnership With Luxshare

GREENSBORO, N.C., Dec. 18, 2023 (GLOBE NEWSWIRE) —  Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced that it has reached a definitive agreement with Luxshare Precision Industry Co., Ltd. (“Luxshare, 002475.SZ”), a global advanced contract manufacturer, under which Luxshare will acquire Qorvo’s assembly and test facilities in Beijing and Dezhou, China. The companies anticipate completing the transaction by the first half of calendar 2024, subject to receipt of regulatory approvals and the satisfaction or waiver of other closing conditions. Upon closing, Luxshare will acquire each facility’s operations and assets, which include the property, plant and equipment, as well as the existing workforce, to enable seamless continuity of operations. Qorvo will continue to maintain its sales,...

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O’Reilly Automotive, Inc. to Acquire Groupe Del Vasto, Headquartered in Montreal, Canada

 This acquisition represents O’Reilly’s entrance into the Canadian automotive aftermarket Groupe Del Vasto has successfully served the Canadian automotive aftermarket for more than 35 yearsSPRINGFIELD, Mo., Dec. 18, 2023 (GLOBE NEWSWIRE) — O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announced that it has entered into a definitive stock purchase agreement with the shareholders of Groupe Del Vasto, headquartered in Montreal, Quebec, Canada, under which O’Reilly will acquire all of the outstanding shares of Groupe Del Vasto and its affiliated entities. The stock purchase is expected to be completed in January 2024, subject to customary closing conditions and regulatory approvals. Groupe Del Vasto operates as Vast-Auto Distribution (“Vast-Auto”). “We...

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StoneCo. Announces $467.5 million credit facility from DFC to strengthen working capital of micro, small, and medium businesses

GEORGE TOWN, Grand Cayman, Dec. 18, 2023 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or “the Company”) announced that it has obtained a commitment of US$467.5 million in the form of a revolving securitization facility from the United States International Development Finance Corporation (DFC), an agency of the United States government. The facility, which has a final maturity of seven years, and a six-month availability period, acquires accounts receivables due by over twenty different non-systemic important Brazilian financial institutions that are credit card issuers, on a non-recourse basis. It will further strengthen Stone’s ability to offer prepayment of receivables to micro, small, and medium-sized businesses (MSMBs), which use the solution to optimize cash flow, financial flexibility and improve...

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Vanguard Investments Canada Announces Estimated 2023 Annual Capital Gains Distributions for the Vanguard ETFs® – VGAB, VBG, VBU

TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) — Vanguard Investments Canada Inc. today announced the estimated annual capital gains distributions for the Vanguard ETFs listed below for the 2023 tax year. This is an update to the estimated annual capital gains distributions announced on November 15, 2023. Please note that these are estimated amounts only, as of December 15, 2023, and could change if the Vanguard ETFs experience subscriptions or redemptions prior to the ex-dividend date. These estimates are for the year-end capital gains distributions only, which will be re-invested and the resulting units immediately consolidated, so that the number of units held by each investor will not change. These estimates do not include estimates of ongoing monthly or quarterly cash distribution amounts, which are reported in a separate press release. The...

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Picton Mahoney Asset Management Announces Distribution for Picton Mahoney Fortified Active Extension Alternative Fund Exchange Traded Fund Units

TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) — (TSX: PFAE) Picton Mahoney Asset Management announced today that it has declared the December 2023 year-end cash distribution of $0.1119 per unit for the ETF units (“ETF Units”) of the Picton Mahoney Fortified Active Extension Alternative Fund. Unitholders of record of the ETF Units, at the close of business on December 22, 2023, will receive a per-unit cash distribution payable on December 29, 2023. About Picton Mahoney Asset Management Picton Mahoney Asset Management specializes in differentiated investment solutions and rules-based volatility management. Picton Mahoney helps its clients fortify their portfolios based on experience honed over the years through different market cycles and investing environments. Founded in 2004 and 100% employee-owned, Picton Mahoney is a portfolio management...

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Guardian Capital Announces Final Valuation of Guardian i3 Global REIT ETF

TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) — Guardian Capital LP (the “Manager”) today announced the final valuation of Guardian i3 Global REIT ETF (the “ETF”). The ETF was voluntarily delisted from the Toronto Stock Exchange, at the request of the Manager, effective as of market close on December 15, 2023, and terminated earlier today. The final net asset value (“NAV”) per unit of the ETF is as follows:  Breakdown of Final NAV per UnitTicker Final NAV per Unit Incomeper Unit Capital Gainsper Unit Capitalper UnitGIGR $16.537886 $0.040629 $0.000000 $16.497257GIGR.B $16.898914 $0.055762 $0.000000 $16.843152Remaining unitholders of the ETF will be paid the final NAV per unit on a pro rata basis, at the rate shown in the table above, and no further action is required by unitholders. For further information regarding the...

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ZoomMed Announces Distribution to Its Shareholders of 5 Million Common Shares It Holds in KDA Group

BROSSARD, Quebec, Dec. 18, 2023 (GLOBE NEWSWIRE) — ZoomMed Inc. (“ZoomMed” or the “Corporation“) is pleased to announce that following the shareholders approval obtained at their annual and special meeting held on July 25, 2023, the Corporation’s Board of Directors and the management of the Corporation have determined that, under these circumstances, it is in the best interest of the Corporation to distribute, following the completion of the Asset Sale, to the shareholders of the Corporation all or part of the Consideration received in the Transaction of June 23, 2023, at a presumed market value at the time of the Distribution payment and the Board of Directors of the Corporation has been authorized to proceed with the distribution, on December 22, 2023, of 5,000,000 Class A ordinary shares of KDA...

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