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Year: 2023

Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock

SAN JUAN, Puerto Rico, Dec. 06, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”) today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company. ThinkEquity is acting as sole book-running manager for the offering. The Company expects to grant the underwriter a 45-day option to purchase up to an additional 15% of the number of shares of common stock sold in this offering to cover over-allotments, if any. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the proceeds from the offering for general corporate purposes, working...

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CN to Acquire Iowa Northern Railway

Acquisition Will Provide Options for Shipping to and from Iowa MONTREAL, Dec. 06, 2023 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced that it has signed and closed an agreement to acquire Iowa Northern Railway (IANR), which operates approximately 275 track miles in Iowa connecting to CN’s U.S. rail network. The transaction closed into an independent voting trust pending regulatory review of the transaction by the U.S. Surface Transportation Board (STB). IANR serves upper Midwest agricultural and industrial markets covering many goods, including biofuels and grain. This transaction represents a meaningful opportunity to support the growth of local business by creating single-line service to North American destinations, while preserving access to existing carrier options. “We are delighted to have reached an agreement...

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Patria Investments Signs Agreement to Acquire Credit Suisse’s Real Estate Business in Brazil

Transaction allows Patria to further scale its Real Estate vertical through acquisition of team and funds totaling approximately R$ 12 billion in assets under management, and positions the firm to manage one of the largest and most diversified portfolios in the Brazilian market GRAND CAYMAN, Cayman Islands, Dec. 06, 2023 (GLOBE NEWSWIRE) — Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager and market leader in Latin America, announces the signing of an agreement for the acquisition of Credit Suisse’s Real Estate business in Brazil (“CSHG Real Estate”), for total cash consideration of up to R$ 650 million (~US$ 130 million). The transaction is structured with R$ 300 million (~US$ 60 million) due upon completion of standard regulatory approvals, and up to an additional R$ 350 million (~$US...

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ROHM Now Offers the Industry’s Largest* Library of LTspice Models by Adding SiC Power Devices and IGBTs

Improves design convenience by allowing designers to incorporate power devices in circuit simulationsROHM’s LTspice Models Library Now Includes SiC Power Devices and IGBTsLTspice models now cover over 80% of all products on ROHM’s websiteCircuit Simulation Image Using LTspiceUsers can select from over 3,500 LTspice models to verify that circuits are operating as designedSanta Clara, CA and Kyoto, Japan, Dec. 06, 2023 (GLOBE NEWSWIRE) — ROHM Semiconductor today announced an expansion to their SPICE model lineup for the LTspice®[1] circuit simulator, increasing its number of models to more than 3,500 for discretes (which can be downloaded from product pages). In addition to the existing lineup of bipolar transistors, diodes, and MOSFETs, ROHM has added SiC power devices and IGBTs to the library. This...

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Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2023

EXTON, Pa., Dec. 06, 2023 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on January 4, 2024, to shareholders of record on December 19, 2023.   In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult...

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First Watch Announces Appointment of Jostein Solheim to Board of Directors

Leading Daytime Dining concept strengthens Board with appointment of new independent director BRADENTON, Fla., Dec. 06, 2023 (GLOBE NEWSWIRE) — First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Jostein Solheim to its Board of Directors effective immediately. Solheim is an experienced chief executive officer who currently serves as the CEO, Health & Wellbeing at Unilever PLC. “We are excited to welcome Jostein to the Board of Directors of First Watch, and we look forward to leveraging his extensive marketing and brand management expertise,” said Ralph Alvarez, Chairman of the Board of Directors of First Watch. “Jostein is a proven leader who has spent his career at Unilever driving transformative...

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Results From the Annual and General Shareholders Meeting and Stock Options

ROUYN-NORANDA, Quebec, Dec. 06, 2023 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX VENTURE: ABI) is pleased to announce the results of its Annual and General Meeting of Shareholders held on December 6, 2023 (the “Meeting”). The shareholders elected each of the nominees presented in the management circular relating to the Meeting, namely: Pascal Hamelin, Daniel Adam, René Branchaud, Loic Bureau, Jasmine Hinse, Lise Kistabish and François Mestrallet. Lise Kistabish is a new director of the Corporation. Mrs. Kistabish graduated from the National School of Public Administration (ENAP) in public management in a First Nation context. She has over 25 years of experience in management and has been Director of training, employment and social development for the Abitibiwinni First Nation Council since May 2019. The...

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Lincoln Electric Named to Newsweek’s 2024 Ranking of America’s Most Responsible Companies

CLEVELAND, Dec. 06, 2023 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc., (Nasdaq: LECO) is pleased to announce that is has been named to Newsweek’s list of America’s Most Responsible Companies 2024. This prestigious award is presented by Newsweek and Statista, Inc., the world-leading statistics portal and industry ranking provider. “We are proud to be named as one of America’s most responsible companies as this recognition reflects our 128-year culture of living and leading by the Golden Rule and operating to a higher standard to build a better world,” stated Christopher L. Mapes, Lincoln Electric’s Chairman, President and Chief Executive Officer. “This honor, among other distinguished awards received from Newsweek, and our five-time designation as one the world’s most ethical companies by Ethisphere™, reinforces our...

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Inotiv, Inc. Announces Plan to Insource North American Transportation Operations

WEST LAFAYETTE, Ind., Dec. 06, 2023 (GLOBE NEWSWIRE) — Inotiv, Inc. (Nasdaq: NOTV) (the “Company”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced that the Company will be partnering with Vanguard Supply Chain Solutions LLC, the Company’s current provider of transportation services, to enable the in-house integration of Inotiv’s North American transportation operations. By taking direct control of its transportation operations, the Company expects to achieve key efficiencies to strengthen internal operations, improve its outgoing supply chain, and bolster service and scientific continuity for clients. Robert Leasure, Jr., Inotiv’s President and Chief Executive Officer, commented, “The...

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Star Group, L.P. Reports Fiscal 2023 Fourth Quarter Results

STAMFORD, Conn., Dec. 06, 2023 (GLOBE NEWSWIRE) — Star Group, L.P. (the “Company” or “Star”) (NYSE:SGU), a home energy distributor and services provider, today announced financial results for the fiscal 2023 fourth quarter and year ended September 30, 2023. Three Months Ended September 30, 2023 Compared to the Three Months Ended September 30, 2022For the fiscal 2023 fourth quarter, Star reported a 10.0 percent decrease in total revenue to $266.9 million compared with $296.6 million in the prior-year period, largely due to a decrease in selling prices and, to a lesser extent, a decline in total petroleum product demand. The volume of home heating oil and propane sold during the fiscal 2023 fourth quarter decreased by 0.6 million gallons, or 3.1 percent, to 18.8 million gallons, and the volume of motor fuel...

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