Day: December 20, 2023

Galantas Gold Announces Closing of US$2.6 Million Private Placement of Unsecured Convertible Debentures and Terms of Debt Settlement Transaction

Written by Customer Service on December 20, 2023. Posted in Public Companies.

Not for distribution to United States news wire services or for dissemination in the United States TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) — Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (“Galantas” or the “Company”) is pleased to announce the closing of its previously announced non-brokered private placement, pursuant to which the Company sold US$2,627,000 aggregate principal amount of unsecured convertible debentures of the Company (the “Debentures”), in the principal amount of US$1,000 per Debenture (the “Offering”). The net proceeds of the Offering are expected to be used for exploration and development, working capital and for general corporate purposes. Each Debenture is convertible at the option of the holder thereof into common shares in the capital of the...

U.S. Federal Circuit Affirms Earlier PTAB Decision to Invalidate All Claims of United Therapeutics Patent No. 10,716,793 (‘793 Patent)

Written by Customer Service on December 20, 2023. Posted in Public Companies.

Liquidia will pursue final FDA approval for YUTREPIA™ (treprostinil) inhalation Liquidia will immediately request that District Court set aside injunction tied to ‘793 patentMORRISVILLE, N.C., Dec. 20, 2023 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA) (Liquidia or the Company) announced that the U.S. Court of Appeals for the Federal Circuit (Federal Circuit) today affirmed the earlier decision by the Patent Trial and Appeal Board (PTAB) which found all claims of U.S. Patent No. 10,716,793 (‘793 Patent) to be unpatentable due to the existence of prior art cited by Liquidia in inter partes review (IPR) proceedings. As a result of today’s decision, Liquidia will immediately seek to set aside the injunction issued by the U.S. District Court for the District of Delaware (District Court) in the lawsuit filed by United...

Park Hotels & Resorts Update on Recent Operating Trends and Capital Allocation Highlights

Written by Customer Service on December 20, 2023. Posted in Public Companies.

TYSONS, Va., Dec. 20, 2023 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an update on fourth quarter operating trends. “I am incredibly pleased with the strength of our portfolio as operating trends remained very solid in both October and November. Results were once again driven by improvements across our urban portfolio which delivered year-over-year 10% Comparable RevPAR growth during the first two months of the quarter. Business travel accelerated in Boston, Chicago, New York and Denver, in addition to continued upside from group and leisure business at our Hawaii hotels with year-over-year RevPAR gains exceeding 9% in October and 14% in November. Additionally, we are near completion on our transformative renovation projects including at our Bonnet Creek and Casa Marina...

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for November 2023

Written by Customer Service on December 20, 2023. Posted in Public Companies.

November Total Revenue increased 47% M/M November Total Revenue of Bitcoin Equivalent of 132 BTC1 Completed Co-Location Customer Deployment of ~50 MW and ~15,876 miners Recently Signed Additional Co-Location Customer For ~6 MW and 1764 miners PITTSBURGH, Dec. 20, 2023 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for November 2023. Rahul Mewawalla, CEO and President, commented, “We are very excited to announce the completion of the full deployment of our new co-location customer in mid-November, adding approximately 15,876 miners at our Midland, Pennsylvania facility. With this deployment completed in the middle of November, along with upcoming ramp up of our most recently executed and...

Fluence Stands by its Work on the Diablo Plant, and Will Vigorously Pursue the Payments it is Owed for its Work and Dispute the Allegations in the Counterclaim Filed by the Operator of the Plant

Written by Customer Service on December 20, 2023. Posted in Public Companies.

ARLINGTON, Va., Dec. 20, 2023 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and optimization software for renewables and storage, became aware of an article published today by Energy Storage News reporting that Fluence is the defendant in a counterclaim relating to its contract with Diablo Energy Storage, LLC. This information was disclosed in our recent Annual Report on Form 10–K for the fiscal year ended September 30, 2023 filed on November 29, 2023 with the Securities and Exchange Commission (the “SEC”). The article only focuses on the counterclaim which was filed in reaction to Fluence’s original claim against Diablo Energy Storage, LLC (“Diablo”), even mentioning the law firm which filed it. Fluence’s original claim was for Diablo’s failure...

Symphony Floating Rate Senior Loan Fund Declares Special Year End Distributions

Written by Customer Service on December 20, 2023. Posted in Dividend Reports And Estimates.

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) — (TSX: SSF.UN) For the year ended December 31, 2023, Symphony Floating Rate Senior Loan Fund (the “Fund”) estimates that it will generate income in excess of the previously announced distributions for the year. As a result, the Fund announces special distributions estimated to be $0.03 per class A unit (“Class A Unit”) and US$0.05 per class U unit (“Class U Unit”) to unitholders of record at the close of business on December 29, 2023. The distributions will automatically be reinvested in additional Class A Units and Class U Units, as applicable. Immediately following issuance, the Class A Units and Class U Units, as applicable, will be automatically consolidated and as a result unitholders of the applicable...

Forward Reports Preliminary Fiscal 2023 Results: Record Revenues for Design Division Drive Profitability From Continuing Operations

Written by Customer Service on December 20, 2023. Posted in Earnings Releases And Operating Results.

HAUPPAUGE, N.Y., Dec. 20, 2023 (GLOBE NEWSWIRE) — Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced preliminary financial results for the fiscal year ended September 30, 2023. Preliminary Fiscal Year 2023 Financial HighlightsRevenues were $36.7 million, a decrease of 3.9% from $38.2 million for 2022 with IPS from the design division recording record revenues in 2023.Gross margin declined to 22.8% compared to 23.0% for 2022.Income from continuing operations was $0.2 million compared to $0.4 million in 2022 and net loss was $3.7 million compared to $1.4 million in 2022.Basic and diluted earnings per share from continuing operations was $0.02 compared to $0.04 for 2022.Cash balance of $3.2 million at September 30, 2023 compared to $2.6 million at September 30, 2022,...

Hub Group Expands Its Final Mile Service Offering through the Acquisition of Forward Air Final Mile

Written by Customer Service on December 20, 2023. Posted in Mergers And Acquisitions.

Acquisition of Forward Air Final Mile (“FAFM”) enhances end-to-end solutions for Hub Group’s customers and adds significant scale and service capability in appliance delivery and installation. Transaction HighlightsIncreases Hub Group’s LTM Final Mile revenue from $192m to $481m Drives continued diversification into non-asset based logistics services; pro forma LTM Logistics revenue now represents 44% of total Hub revenue Adds new capabilities in appliance delivery and installation and increases company operated terminal footprint Immediately accretive to Hub Group’s 2024 GAAP and cash EPS prior to expected cross-sell and operational synergies Meaningful cross-sell and operational synergies for FAFM’s and Hub Group’s customers will drive additional accretionOAK BROOK, Ill., Dec. 20, 2023 (GLOBE NEWSWIRE) — Hub Group, Inc....

Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2024

Written by Customer Service on December 20, 2023. Posted in Earnings Releases And Operating Results.

Industry-leading technology and products address the growing demand for AI solutions BOISE, Idaho, Dec. 20, 2023 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) today announced results for its first quarter of fiscal 2024, which ended November 30, 2023. Fiscal Q1 2024 highlightsRevenue of $4.73 billion versus $4.01 billion for the prior quarter and $4.09 billion for the same period last year GAAP net loss of $1.23 billion, or $1.12 per diluted share Non-GAAP net loss of $1.05 billion, or $0.95 per diluted share Operating cash flow of $1.40 billion versus $249 million for the prior quarter and $943 million for the same period last year“Micron’s strong execution and pricing drove better-than-anticipated first quarter financial results,” said Micron Technology President and CEO Sanjay Mehrotra. “We expect our business...

LogicMark Expands Product Suite with the Launch of Freedom Alert Mini

Written by Customer Service on December 20, 2023. Posted in Public Companies.

New Mobile Medical Alert Device to Offer Increased Independence and Flexibility LOUISVILLE, Ky., Dec. 20, 2023 (GLOBE NEWSWIRE) — LogicMark, Inc. (Nasdaq: LGMK) (the “Company”), creator of the most innovative personal safety and security technology designed for the care economy, today announced the launch of its new mobile medical alert device, Freedom Alert Mini. The device is an advancement in LogicMark’s product suite, offering fall detection and GPS location as a comprehensive mobile solution that meets the developing needs of today’s seniors and their caregivers. With Freedom Alert Mini, LogicMark addresses the increasing demand for seniors to stay safe while maintaining their independence. As a mobile device, the compact size makes it discreet and easy to carry, helping customers feel comfortable using it in their daily lives....

Day: December 20, 2023

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