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Month: December 2023

Sacks Parente Golf CEO Announces Resignation to Prioritize Family Health

CAMARILLO, CA, Dec. 29, 2023 (GLOBE NEWSWIRE) — Sacks Parente Golf, Inc. (Nasdaq: SPGC) (“SPG” or the “Company”), a technology-forward golf company with a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, announces it has accepted the resignation of its Chief Executive Officer, Tim Triplett, effective immediately. Greg Campbell, Chairman of SPG’s Board of Directors, will assume responsibilities as Executive Chairman to facilitate a smooth transition while the Company commences a search for a new CEO. Triplett’s decision to step down is driven by a deep commitment to his family as he redirects his focus to provide crucial support during a challenging time. To respect the privacy of his family, specific details will not be disclosed. In a brief statement, Triplett...

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Pyxis Oncology Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

BOSTON, Dec. 29, 2023 (GLOBE NEWSWIRE) — Pyxis Oncology, Inc. (Nasdaq: PYXS), a clinical-stage company focused on developing next-generation therapeutics to target difficult-to-treat cancers, reported today that Pyxis Oncology’s Compensation Committee of the Board of Directors approved a stock option grant to Ken Kobayashi, M.D., the Company’s newly appointed Chief Medical Officer, in connection with his employment with the Company effective on November 27, 2023. The equity award was granted under the Pyxis Oncology, Inc. 2022 Inducement Plan with a grant date of December 29, 2023, as an inducement material to Dr. Kobayashi entering into employment with Pyxis Oncology, in accordance with Nasdaq Listing Rule 5635(c)(4). The option to purchase 443,514 shares of Pyxis Oncology’s common stock will vest over four years, with 25% vesting...

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Brookfield Real Assets Income Fund Inc. Declares Q1 2024 Distribution Schedule

NEW YORK, Dec. 29, 2023 (GLOBE NEWSWIRE) — Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) today announced that its Board of Directors (the “Board”) declared the Fund’s monthly distributions for January, February and March 2024.Month Record Date Ex-Dividend Date Payable Date Amount per ShareJanuary 2024 January 10, 2024 January 9, 2024 January 25, 2024 $0.1180February 2024 February 7, 2024 February 6, 2024 February 22, 2024 $0.1180March 2024 March 13, 2024 March 12, 2024 March 26, 2024 $0.1180Shares purchased on or after the applicable ex-distribution dates will not receive the distributions discussed above. Distributions may include net investment income, capital gains and/or return of capital. Any portion of the Fund’s distributions that is a return of capital does not necessarily reflect the Fund’s...

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LumiraDx Announces Agreement to Sell its Cutting Edge Point of Care Technology Platform to Roche

LONDON, Dec. 29, 2023 (GLOBE NEWSWIRE) — LumiraDx Limited (Nasdaq: LMDX) (the “Company”), a next generation point of care diagnostics company, announced today the appointment of joint administrators for two of its subsidiaries. The administrators have signed a definitive agreement to sell certain companies of the LumiraDx group related to LumiraDx’s innovative point of care technology to Roche. The Company announced today that Andrew Johnson, Lisa Rickelton and Lindsay Hallam of FTI Consulting LLP have been appointed as joint administrators of two of its subsidiaries, LumiraDx Group Limited and LumiraDx International Limited, which together hold substantially all of the assets of the LumiraDx group. The appointed administrators entered into a definitive agreement for Roche to acquire certain companies of the LumiraDx group engaged...

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Rover Announces Expiration of “Go-Shop” Period

Acquisition by Blackstone Expected to Close in the First Quarter of 2024 SEATTLE, Dec. 29, 2023 (GLOBE NEWSWIRE) — Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced the expiration of the 30-day “go-shop” period under the terms of the previously announced merger agreement. Under the merger agreement, private equity funds managed by Blackstone Inc. (“Blackstone”) have agreed to acquire Rover in an all-cash transaction valued at approximately $2.3 billion. The “go-shop” period expired at 12:01 p.m. Pacific Time on December 29, 2023. In accordance with the merger agreement, Rover and its representatives and advisors actively solicited alternative acquisition proposals from potential interested third parties. However, during the “go-shop” period Rover did...

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GRIID Infrastructure and Adit EdTech Acquisition Corp. Complete Business Combination

GRIID’s common stock expected to begin trading on Cboe Canada on Jan. 2, 2024, under ticker symbol “GRDI” CINCINNATI, Dec. 29, 2023 (GLOBE NEWSWIRE) — GRIID Infrastructure Inc. (“GRIID” or the “Company”), an American bitcoin mining company that leverages a low-cost, low-carbon energy mix to manage and operate vertically integrated bitcoin mining facilities, today announced that it completed its business combination with Adit EdTech Acquisition Corp. (“Adit EdTech”) (NYSE: ADEX, ADEX.U, and ADEX.WS), a publicly traded special purpose acquisition company. Adit EdTech stockholders approved the business combination at a special meeting held on Nov. 30, 2023. Following the business combination, the surviving company was renamed GRIID Infrastructure Inc. Beginning on Tuesday, Jan. 2, 2024, GRIID’s common stock is expected to trade on...

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Professional Women’s Hockey League and Rogers Announce Strategic Partnership

Rogers to become official telecommunications partner in Canada Sportsnet to broadcast 17 PWHL games on TV and Sportsnet+ in 2024 TORONTO, Dec. 29, 2023 (GLOBE NEWSWIRE) — The Professional Women’s Hockey League and Rogers Communications announced today a new multi-year agreement ahead of the inaugural season opener on January 1, 2024. Rogers will become the official telecommunications partner of the PWHL in Canada. The partnership builds on Rogers deep commitment to hockey and to growing the game across Canada. “Rogers has become synonymous with hockey in Canada through its partnership with the NHL, bringing professional hockey to fans from coast-to-coast through its media properties, team investments, and league sponsorships,” said Stan Kasten, a PWHL Advisory Board member. “This exciting partnership with the PWHL is yet another...

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Clarus Enters into Definitive Agreement to Sell Precision Sport Segment

SALT LAKE CITY, Dec. 29, 2023 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today announced that it has entered into a definitive purchase and sale agreement (the “Agreement”) to sell its Precision Sport segment, which is comprised of the Company’s Sierra Bullets, L.L.C. and Barnes Bullets – Mona, LLC subsidiaries, to a U.S.-based non-strategic buyer that is not affiliated with the Company or any of its officers or members of its board of directors, in an all-cash transaction for $175 million at closing, subject to a customary working capital adjustment. The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions, including the receipt of regulatory approvals. The entry...

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Hexagon Purus extends framework agreement with leading European green hydrogen producer for hydrogen distribution systems in Europe

Hydrogen Distribution ContainerHydrogen Distribution Container, Germany, 2023(Oslo, Norway, 29 December 2023) Hexagon Purus, a world leading manufacturer of zero emission mobility and infrastructure solutions, has extended its existing framework agreement (announced 14 October 2022) with a leading European producer of green hydrogen for delivery of hydrogen distribution systems. The framework agreement is extended to now also cover the delivery of hydrogen distribution systems for 2024. Hexagon Purus’ hydrogen distribution systems with its type 4 hydrogen cylinders will be used to deliver green hydrogen for mobility and industrial applications in Europe. The minimum value of the framework agreement is approximately EUR 17 million. Driving Energy Transformation “Our hydrogen distribution systems are agnostic to the color of...

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BOSS Money Reports Strong Remittance Topline Increase over the Christmas Holiday Season

Low Fees, Favorable Exchange Rates, and Outstanding Customer Service Provide Foundation for Enduring Growth Newark, NJ, Dec. 29, 2023 (GLOBE NEWSWIRE) — BOSS Money, the money transfer service of IDT Corporation (NYSE: IDT), today announced that its international money remittance business increased revenue by 56% during the eleven days up to and including Christmas Day 2023 compared to the same period a year earlier. “Throughout 2023, our low fees and favorable exchange rates in combination with the terrific user experience our customers enjoy on the BOSS Money apps and through our retailers helped to drive our growth at rates well above the industry’s average,” said Bill Pereira, IDT’s Chief Operating Officer. “This Christmas season we achieved exceptional revenue increases with terrific holiday promotions and expect to continue...

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