Day: December 21, 2023
Trustee Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Uponor
Uponor Corporation, Stock Exchange Release, 21 December 2023, 4.40 p.m. EET
Georg Fischer AG (“GF”) has on November 17, 2023, commenced redemption proceedings in respect of Uponor Corporation’s (“Uponor”) minority shares by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act (624/2006, as amended, the “Finnish Companies Act”) in order to obtain ownership of all the issued and outstanding shares in Uponor.
Due to GF’s application for the above-mentioned arbitration proceedings, the Redemption Committee of the Finland Chamber of Commerce has petitioned the District Court of Helsinki for the appointment of a trustee to supervise the interests of Uponor’s minority shareholders during...
Dividend Select 15 Corp. At-The-Market Equity Program Renewed
Written by Customer Service on . Posted in Dividend Reports And Estimates.
TORONTO, Dec. 21, 2023 (GLOBE NEWSWIRE) — Dividend Select 15 Corp. (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until January 20, 2026, unless terminated prior to such date by the Company. This program replaces the prior program established in December 2021 that has terminated. Any Equity Shares sold in the ATM Program will be sold through the Toronto Stock Exchange (the “TSX”) or any other marketplace in Canada on which the Equity Shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale. Sales of Equity Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated December 20,...
Performance Shipping Inc. Secures Two Year Time Charter Contract With Oil Major at US$37,200 Per Day
Written by Customer Service on . Posted in Public Companies.
ATHENS, Greece, Dec. 21, 2023 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Marathon Maritime Company (the “Charterer”), a wholly-owned subsidiary of Marathon Petroleum Corporation (NYSE: MPC), for the M/T P. Long Beach. The gross charter rate will be US$37,200 per day for a period of twenty-four (24) months +/- 40 days at the option of the Charterer and is expected to commence at the end of December. This charter will generate approximately US$25.7 million of gross revenue for the minimum duration of the charter.
The M/T P. Long Beach is a 105,408 dwt Aframax tanker vessel built in 2013 by Hyundai Heavy...
Sunrise New Energy Secures Highly Regarded Japanese Patent for Invention of Lithium-Ion Battery Anode Material Preparation Method
Written by Customer Service on . Posted in Public Companies.
ZIBO, China, Dec. 21, 2023 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its patent application for the invention titled “Method for Preparing Anode Material for Lithium-Ion Batteries” has been approved by the Japanese Patent Office. The patent, with the number “Invention 2022-170556,” was granted on December 20, 2023, and is valid for 20 years. The patent was issued by a Japanese Ministry of Economy, Trade and Industry official.
This invention provides a method for preparing lithium-ion battery anode material that enhances the initial efficiency and power of graphite composite materials. The method not only meets the requirements for high energy density in lithium-ion battery anode materials but also improves the fast-charging...
AS Ekspress Grupp to sell the shares of AS Express Post
Written by Customer Service on . Posted in Public Companies.
AS Õhtuleht Kirjastus, 50% of which owned by AS Ekspress Grupp, entered into a contract to acquire a 100% ownership interest in AS Express Post, which is equally owned by the two largest Estonian media companies, AS Ekspress Grupp and AS Postimees Grupp.
The owners of Express Post, which used to operate in the business of home delivery of printed periodicals across Estonia, decided to close the home delivery business at the beginning of this year, and the company has continued to provide call centre and subscriber database management services to periodicals.
“The acquisition of Express Post will help strengthen the capability of Õhtuleht Kirjastus in providing the call centre service also to other media companies. The sale of the shares of Express Post is in line with the long-term strategy of Ekspress Grupp, according to which we...
Form 8.3 – GCP Asset Backed Income Fund Limited
Written by Customer Service on . Posted in Mergers And Acquisitions.
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION(a) Full name of discloser:
Foresight Group LLP(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
GCP Asset Backed Income Fund Limited(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
N/A(e) Date position...
Pilatus Aircraft Ltd To Acquire Pilatus-Focused Aircraft Maintenance Business From Aero Centers
Written by Customer Service on . Posted in Mergers And Acquisitions.
Aero Centers Will Continue To Operate its FBO and Other Maintenance Activities in Atlanta (PDK)
Pilatus To Immediately Assume Pilatus Aircraft Sales Responsibility in Atlanta Area, Pilatus Aircraft Maintenance Responsibilities in 2024
Approximately 40 Aero Centers Employees To Join Pilatus Group
ATLANTA and STANS, Switzerland, Dec. 21, 2023 (GLOBE NEWSWIRE) — SAR Trilogy Management, LLC (SAR-T), the holding company of the Aero Centers portfolio of fixed-base operations (FBOs), and Pilatus Aircraft Ltd (Pilatus) today announced that they have entered into a definitive agreement whereby Pilatus will acquire Aero Center’s Pilatus-focused maintenance operations and personnel (MRO) located at the DeKalb-Peachtree Airport in Atlanta, Georgia.
The transaction, which is limited to Aero Center’s Pilatus maintenance business and personnel,...
SomaLogic Issues Letter to Stockholders Reiterating Recommendation for Value Maximizing Merger with Standard BioTools
Written by Customer Service on . Posted in Mergers And Acquisitions.
Combination Builds Scale and Accelerates Path to Profitability, Unlocking Significant Potential Value for SomaLogic Stockholders
Madryn’s Concerns are Not Based on Facts, and Madryn Selectively Ignores Risks in a Standalone Strategy and Potential Benefits of the Merger
Urges Stockholders to Vote “FOR” Merger Ahead of Special Meeting of Stockholders on January 4, 2024
BOULDER, Colo., Dec. 21, 2023 (GLOBE NEWSWIRE) — SomaLogic, Inc. (Nasdaq: SLGC) today issued an open letter to stockholders highlighting the value maximizing merger entered into with Standard BioTools (Nasdaq: LAB) on October 4, 2023. The Company also filed an investor presentation, which can be found on the investor page of SomaLogic’s website at https://investors.somalogic.com/static-files/daa110f7-0cc3-4eaf-ba78-e0c652b8d7a3.
The full text follows:
Dear Fellow Stockholders,
On...
Wisdomtree Natural Gas 3x Daily Leveraged Securities Proposed Amendment to the Principal Amount of the Affected Securities Adjournment of Meeting of the ETP Securityholders
Written by Customer Service on . Posted in Public Companies.
21 December 2023
LEI: 2138003QW2ZAYZODBU23
LSE Code: 3NGL
WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY(a public company incorporated with limited liability in Ireland)WISDOMTREE NATURAL GAS 3X DAILY LEVERAGED SECURITIESISIN: IE00BLRPRG98
PROPOSED AMENDMENT TO THE PRINCIPAL AMOUNT OF THE AFFECTED SECURITIES ADJOURNMENT OF MEETING OF THE ETP SECURITYHOLDERS
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about what action you should take, you are recommended to consult your independent financial adviser.
If you have sold or transferred all of your WisdomTree Natural Gas 3x Daily Leveraged Securities (the “Affected Securities”) of WisdomTree Multi Asset Issuer Public Limited Company (the “Issuer”), please send this document, together with the accompanying form of proxy, at once to the purchaser...
DMK Pharmaceuticals Regains Full Rights to Commercialize ZIMHI
Written by Customer Service on . Posted in Public Companies.
Company seeking commercialization partnerships in the United States, Canada, and Europe to expand revenue generation
SAN DIEGO, Dec. 21, 2023 (GLOBE NEWSWIRE) — DMK Pharmaceuticals Corporation (Nasdaq: DMK) (“DMK”), a commercial stage neuro-biotech company primarily focused on developing and commercializing products for the treatment of opioid overdose and substance use disorders, announces that it has regained the full rights to commercialize ZIMHI® (naloxone) after the termination of an exclusive commercialization and distribution with US WorldMeds, LLC.
DMK is now actively seeking commercialization opportunities for ZIMHI, in the United States, Canada, and Europe, focused on new, near-term revenues. In the United States, first responders are the primary target for ZIMHI, where market data demonstrates significant, unmet demand.
Eboo...