Year: 2023

Sigmatron International, Inc. Reports Financial Results for the Second Quarter of Fiscal 2024

Written by Customer Service on December 8, 2023. Posted in Earnings Releases And Operating Results.

ELK GROVE VILLAGE, Ill., Dec. 08, 2023 (GLOBE NEWSWIRE) — SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company (the “Company”), today reported revenues and earnings for the fiscal quarter ended October 31, 2023. Revenues from continuing operations decreased $9.5 million, or 9 percent, to $98.7 million in the second quarter of fiscal 2024, compared to $108.2 million for the same quarter in the prior year. Net income from continuing operations for the second quarter ended October 31, 2023, was breakeven, compared to net income of $3.1 million for the same quarter in the prior year. Diluted income per share from continuing operations for the quarter ended October 31, 2023 was zero, compared to $0.51 income per share for the same quarter in the prior year. For the six months ended October 31, 2023,...

Rovio Entertainment Corp.: Rovio applies for the delisting of its shares from Nasdaq Helsinki

Written by Customer Service on December 8, 2023. Posted in Mergers And Acquisitions.

Rovio Entertainment Corporation Stock Exchange Release December 8, 2023 at 2:30 p.m. EET Rovio applies for the delisting of its shares from Nasdaq Helsinki The Board of Directors of Rovio Entertainment Corporation (“Rovio”) has today resolved to apply for the termination of public trading in the shares of Rovio and for the delisting of its shares from the official list of Nasdaq Helsinki Ltd (“Nasdaq Helsinki”). Sega Europe Limited (“Sega”) holds more than 90 percent of the issued and outstanding shares in Rovio. Sega has on September 29, 2023 initiated redemption proceedings in respect of the minority shares in Rovio in order to obtain ownership of all the issued and outstanding shares in Rovio by serving its application to appoint an arbitral tribunal and to initiate arbitration proceedings in accordance with Chapter...

Cadeler A/S and Eneti Inc. Announce Extension of the Share Exchange Offer for All Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 and New Loan Facility

Written by Customer Service on December 8, 2023. Posted in Public Companies.

MONACO, Dec. 08, 2023 (GLOBE NEWSWIRE) — Cadeler A/S (OSE: CADLR) (“Cadeler”) and Eneti Inc. (NYSE: NETI) (“Eneti”), two offshore wind turbine and foundation installation companies, announced the extension of the expiration date for the share exchange offer (the “Share Exchange Offer”) to acquire all of the issued and outstanding shares of the common stock of Eneti Inc. (NYSE: NETI) (“Eneti”) to 5:30 p.m. Eastern Time on December 14, 2023. In addition, Cadeler has determined pursuant to the terms of the Share Exchange Offer as set forth in the Prospectus/Offer to Exchange, dated November 7, 2023 (the “Prospectus/Offer to Exchange”) to reduce the minimum tender condition for the Share Exchange Offer from 85.01% to 70%. Cadeler is offering to exchange for each outstanding share of Eneti, par value USD 0.01 per share (the “Eneti Common...

Rovio Entertainment Corp.: Rovio’s financial reporting and Annual General Meeting 2024

Written by Customer Service on December 8, 2023. Posted in Public Companies.

Rovio Entertainment Corporation Stock Exchange Release December 8, 2023 at 2:35 p.m. EET Rovio Entertainment Corp.: Rovio’s financial reporting and Annual General Meeting 2024 Rovio Entertainment Corporation will publish its financial reports in 2024 as follows: – Financial Statement Bulletin for the financial year 2023 on Thursday, March 14, 2024– Half-year report for January–June 2024 on Friday, August 9, 2024 Rovio’s Annual General Meeting is planned to be held on Friday, April 19, 2024. Publication of the Financial Statement Bulletin 2023 and other financial reports is subject to the timing of the delisting of Rovio shares. Such reports will be published only if there is a regulatory requirement to do so. The financial reporting schedule and the planned AGM date are also subject to change due...

Virco Reports Record 3rd Quarter and YTD Results

Written by Customer Service on December 8, 2023. Posted in Earnings Releases And Operating Results.

Net Income increased 29% on 9% Growth in Sales compared to prior year Company Declares Regular Quarterly Dividend Board Authorizes $5 Million Share RepurchaseTORRANCE, Calif., Dec. 08, 2023 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (NASDAQ: VIRC) reported financial results for the third quarter ended October 31, 2023, as well as the reinstatement of a quarterly dividend of $0.02 per share and a $5,000,000 open market share repurchase program. For the third quarter ended October 31, 2023, sales increased to $84,252,000 compared to $77,395,000 in the same period of the prior year. Gross margin improved to 45.4% from 39.8%. SG&A as a percent of sales decreased slightly to 27.9% versus 28.4% in the prior year. Operating Income grew 67.1%, to $14,706,000 versus $8,800,000 in the same period last year. Interest expense was up...

Form 8.3 – Smart Metering Systems Plc

Written by Customer Service on December 8, 2023. 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 MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: Jupiter Fund Management Plc(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. (c) Name of offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Smart Metering Systems Plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date dealing undertaken: For an opening position...

POET Technologies Earns High Praise from Industry Expert in New e-Book

Written by Customer Service on December 8, 2023. Posted in Public Companies.

Semiconductor Company Profile ReportThe dawn of the nanophotonics ageTORONTO, Dec. 08, 2023 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced its recognition by noted semiconductor industry expert and author Mark Stansberry. In his latest independently written e-book that is part of “The Dawn of the Nanophotonics Age” series, Mr. Stansberry notes that POET “holds key technology that is essential for companies” and the POET Optical Interposer and waveguide technology “are the building blocks for tomorrow’s photonic systems on a chip.”An engineer and former...

Intchains Expands WEB3 Industry Presence, Acquires Goldshell Brand-related Assets

Written by Customer Service on December 8, 2023. Posted in Mergers And Acquisitions.

SHANGHAI, China, Dec. 08, 2023 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“Intchains,” “we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications, today announced it has entered into an asset acquisition agreement, or the Agreement, with a Singapore-based company, GOLDSHELL PTE. LTD., or the Seller, to purchase certain assets used in the Seller’s operation of its Goldshell WEB3 infrastructure brand, or the Goldshell brand. Pursuant to the Agreement, Intchains intends to purchase from the Seller all the intellectual property, information and technical materials used in operating the Goldshell brand, which primarily include (i) all trademarks and related materials (including application documents) used...

Johnson Outdoors Reports Results for Fiscal Year 2023

Written by Customer Service on December 8, 2023. Posted in Earnings Releases And Operating Results.

RACINE, Wis., Dec. 08, 2023 (GLOBE NEWSWIRE) — Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced lower revenue and earnings for the fiscal year ending September 29, 2023. Fiscal 2023 sales fell 11 percent compared to the previous year, while operating profit decreased $54.6 million, or 82 percent, and net income fell $25.0 million, or 56 percent, over the prior fiscal year. “The end of the elevated pandemic-driven demand of the past few years, combined with higher inventory levels at retail, resulted in lower sales and profits for our 2023 fiscal year. Our fiscal fourth quarter was particularly impacted by significantly slower demand,” said Helen Johnson-Leipold, Chairman and Chief Executive Officer. “Heading into fiscal 2024, we are working hard to outperform...

Mullen Provides Securities Litigation Update

Written by Customer Service on December 8, 2023. Posted in Public Companies.

Mullen files new spoofing complaint against several broker-dealers alleging a 2-year scheme to manipulate Company securities BREA, Calif., Dec. 08, 2023 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, in our continued effort to provide transparency of the Company’s actions, and to avoid confusion to our public market shareholders, today announces that it has filed a spoofing complaint on Dec. 6, 2023, in the United States District Court for the Southern District of New York alleging that UBS Securities, LLC, IMC Financial Markets and Clear Street Markets, LLC engaged in a market manipulation scheme using spoofing to manipulate the market price of Mullen shares (the “spoofing litigation”). The claim for the spoofing litigation is attached...

Year: 2023

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