December 21, 2023 – Page 2

Lowell Farms Inc. Announces Resignation of Board Member Brian Shure

Written by Customer Service on December 21, 2023. Posted in Public Companies.

SALINAS, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born vertically integrated cannabis company with advanced production capabilities including extraction, manufacturing, and distribution, announces that effective December 19, 2023, Brian Shure has announced his resignation from the Lowell Farms Inc. Board of Directors for personal reasons. “I want to thank Brian for his contribution to Lowell Farms over the years,” says Chief Executive Officer, Mr. Ainsworth. “We wish him the best in his future pursuits.” ABOUT LOWELL FARMS INC.Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF) (the “Company”) is a California-based cannabis company with advanced production capabilities supporting the supply chain, including extraction, manufacturing, brand sales, marketing, and distribution....

Talonvest Capital Negotiates $9.75 Million Life Company Bridge Loan

Written by Customer Service on December 21, 2023. Posted in Mergers And Acquisitions.

SmartStop Storage Facility Storage facility in Tamarac, FL. IRVINE, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) — Talonvest Capital, Inc., a boutique self-storage and commercial real estate advisory firm, along with their client, Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), are pleased to announce the closing of a $9,750,000 bridge loan financing for the acquisition of an approximately 760 unit, climate-controlled self storage facility in Tamarac, FL with approximately 69,000 net rentable square feet. The newly constructed facility is situated adjacent to West McNab Road and benefits from exposure to 38,500 vehicles daily. The location’s strong demographics are anticipated to aid in the successful lease-up...

Cemtrex Reports Unaudited Fourth Quarter and Full Fiscal Year 2023 Financial Results

Written by Customer Service on December 21, 2023. Posted in Earnings Releases And Operating Results.

Q4’23 Revenue Increased 46% to $16.9M with 3rd Consecutive Quarter of Positive Operating Income of $0.2M Fiscal Full Year 2023 Revenue Increased 33% to $59.7M Fiscal Full Year 2023 Gross Margin up 680 Basis Points to 44% Management to Host Conference Call Today at 5:00 p.m. ET Brooklyn, NY , Dec. 21, 2023 (GLOBE NEWSWIRE) — – Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its unaudited financial and operational results for the fourth quarter and fiscal year ended September 30, 2023. Cemtrex expects to file its Form 10-K with the Securities and Exchange Commission (“SEC”) after the market close on Wednesday, December 27, 2023. Key Full Fiscal Year 2023, Fourth Quarter and Subsequent Highlights Revenue for FY’23 increased 33% to $59.7 million, compared to...

Great Southern Bancorp, Inc. Announces Appointment of Amelia “Amy” Counts to Boards of Directors

Written by Customer Service on December 21, 2023. Posted in Public Companies.

SPRINGFIELD, Mo., Dec. 21, 2023 (GLOBE NEWSWIRE) — Great Southern Bancorp, Inc., (NASDAQ:GSBC), the holding company for Great Southern Bank, announced today that Amelia “Amy” Counts has been appointed to the Boards of Directors of the Bank and the holding company, with her service to commence January 1, 2024. Great Southern President and CEO Joseph W. Turner said, “We welcome Amy as a director of our Company and Bank. We value diversity of talent, knowledge and experience in our Board members, and Amy’s extensive business development and customer relationship expertise will prove to be a tremendous asset to our Board. Amy being a resident of St. Louis will also bring valuable insight and perspective as we expand customer relationships in this key market for our Company.” Counts is currently a regional vice president of sales at...

Wabash Honored as One of America’s Most Responsible Companies by Newsweek

Written by Customer Service on December 21, 2023. Posted in Public Companies.

America’s Most Responsible Companies 2024 by Newsweek Wabash is recognized by Newsweek as one of America’s Most Responsible Companies for 2024. LAFAYETTE, Ind., Dec. 21, 2023 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC), the innovation leader of connected solutions for the transportation, logistics and distribution industries, was recently recognized among Newsweek’s America’s Most Responsible Companies 2024. Newsweek partnered with global research and data firm Statista to recognize the top 600 most responsible companies, focusing on a holistic view of corporate responsibility that considers all three pillars of ESG: environment, social and corporate governance. Wabash President and Chief Executive Officer Brent Yeagy expressed the company’s commitment to being a responsible corporate citizen, stating, “We understand...

Hestia Insight Inc. Unveils Innovative Marketing Plan to Assist Emerging Companies

Written by Customer Service on December 21, 2023. Posted in Public Companies.

LAS VEGAS, NV, Dec. 21, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Hestia Insight Inc. (OTCQB: HSTA) (“Hestia Insight” and the “Company”), a company focused on the development and operation of novel technologies and providing marketing, management, business, and capital markets advisory services to its clients, today announced the launch of its new marketing plan – a strategic initiative designed to empower emerging growth companies by integrating professional expertise, top-tier talent, and AI solutions. Aligned with the Company’s goal of leadership in business plan and pitch deck drafting and preparation, and investor outreach and training, the Company’s new marketing plan initiative focuses on building and developing brands, attracting new customers and partners, and achieving success within the respective...

Range Impact Announces $1.7 Million Capital Raise Led by Strategic Investors

Written by Customer Service on December 21, 2023. Posted in Public Companies.

CLEVELAND, OHIO, Dec. 21, 2023 (GLOBE NEWSWIRE) — Range Impact, Inc. (OTC: RNGE) (“Range Impact”), a public company dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing, announced the closing of a $1,700,000 capital raise. Capital Raise The capital raise was led by Intelligent Fanatics Capital Management, a Pennsylvania-based microcap investment firm, Carlson Ridge Capital, a Colorado-based value investment firm, and Dickinson Group, a multi-generational West Virginia-based family office with significant land holdings and business interests throughout Appalachia. Also participating in the latest capital raise were Edward Feighan, Range Impact’s Chairman of the Board, Michael Cavanaugh, Range Impact’s CEO and Board Member, and Andrew Tobias, best-selling...

Capital Product Partners L.P. Announces Closing of Transaction to Acquire 11 Newbuild LNG Carriers Pursuant to Umbrella Agreement

Written by Customer Service on December 21, 2023. Posted in Mergers And Acquisitions.

ATHENS, Greece, Dec. 21, 2023 (GLOBE NEWSWIRE) — Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the closing of the umbrella agreement (the “Umbrella Agreement”) entered into on November 13, 2023 with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition of 11 newbuild liquefied natural gas carrier vessels (“LNG/C”) from Capital Maritime (the “Vessels”) for a total acquisition price of $3,130.0 million. Upon the closing of the Umbrella Agreement, CPLP today entered into 11 share purchase agreements to acquire 100% of the equity interests in each vessel-owning company of the Vessels (the “Vessel SPAs”). Vessel Acquisitions Each Vessel will have a capacity of 174,000 Cubic Meters and was built or...

AAR reports second quarter fiscal year 2024 results

Written by Customer Service on December 21, 2023. Posted in Earnings Releases And Operating Results.

Second quarter sales of $545 million, up 16% over the prior year Second quarter GAAP diluted earnings per share from continuing operations of $0.67, compared to $0.64 in Q2 FY2023 Record second quarter adjusted diluted earnings per share from continuing operations of $0.81, up 17% from $0.69 in Q2 FY2023 Second quarter cash flow provided by operating activities from continuing operations of $17 million Announced highly strategic agreement to acquire Triumph Group’s Product Support business for $725 million WOOD DALE, Ill., Dec. 21, 2023 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported second quarter fiscal year 2024 consolidated sales of $545.4 million and income from continuing operations of $23.8 million, or $0.67 per diluted...

Mission Produce(TM) Announces Fiscal 2023 Fourth Quarter Financial Results

Written by Customer Service on December 21, 2023. Posted in Earnings Releases And Operating Results.

OXNARD, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) — Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today reported its financial results for the fiscal fourth quarter ended October 31, 2023. Fiscal Fourth Quarter 2023 Financial Overview: Total revenue increased 8% to $257.9 million compared to the same period last year driven by a 8% increase in average per-unit avocado selling prices, partially offset by a 4% decrease in avocado volume sold Net income of $4.0 million, or $0.06 per diluted share, compared to net loss of $(42.0) million, or $(0.59) per diluted share, for the same period last year, which included a non-cash charge of $49.5 million related to goodwill impairment Adjusted...

Day: December 21, 2023

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