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Year: 2023

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2023

FORT MYERS, Fla., Dec. 06, 2023 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2023, the highlights of which are as follows:The Company’s groves have been recovering from the impact of Hurricane Ian since September 2022.The Company reports net income attributable to Alico, Inc. common stockholders of $1.8 million and EBITDA of $23.0 million for the fiscal year ended September 30, 2023. After adjusting for certain non-recurring items, the Company reports adjusted net loss attributable to Alico, Inc. common stockholders of $(24.5) million and Adjusted EBITDA $(16.1) million for the year ended September 30, 2023.Land sales continued during the 2023 fiscal year, with the Company selling approximately...

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InterPrivate III Financial Partners Inc. Announces Redemption of Shares

NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) —  InterPrivate III Financial Partners Inc. (NYSE American: IPVF) today announced that its board of directors (the “Board”) has determined to redeem all of its outstanding shares of Class A common stock (the “Public Shares”), effective as of December 21, 2023, because the Company will not consummate an initial business combination within the time period required by its amended and restated certificate of incorporation. As of the close of business on the last day of trading, December 8, 2023, the Public Shares will be deemed cancelled and will represent only the rights to receive the per-share redemption price of approximately $10.75 (after taking into account the removal of $100,000 for dissolution expenses). In order to provide for the disbursement of funds from the trust account, the Company...

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Ted Olt succeeds Dana Waterman in key Lee Enterprises role

Theodore F. Olt IIITheodore F. Olt IIIC. Dana Waterman IIIC. Dana Waterman IIIDAVENPORT, Iowa, Dec. 06, 2023 (GLOBE NEWSWIRE) — Theodore F. Olt III has been elected by the board of directors of Lee Enterprises, Incorporated (NASDAQ: LEE) to succeed C. Dana Waterman III, who is retiring after 34 years as secretary and general counsel. “Ted has worked closely with Dana on many key Lee projects for over two decades, so we know how valuable he will be to Lee in his new role,” said Mary Junck, chairman of the Lee board. “As we welcome Ted, we will miss Dana greatly. He has been a wise, beloved adviser to management, the board and me, serving indispensably since 1989. He has been a joy to work with all these years.” Kevin Mowbray, president and chief executive officer of Lee, added: “I look forward to working closely...

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Meridian Bank Ranked Top SBA Lender

MALVERN, Pa., Dec. 06, 2023 (GLOBE NEWSWIRE) — Meridian Bank (Nasdaq: MRBK) has been ranked a top lender in the Small Business Administration’s Eastern Pennsylvania District. Meridian Bank placed first in dollar volume and third in the total number of SBA 7(a) loans in the most recent SBA fiscal year 2023 (10/1/2022-9/30/2023). During that period, Meridian provided $128.8 million in 7(a) lending through 138 loans, continuing a steady increase over the past four years. This also ranks Meridian as the third lender in New Jersey in volume and number of loans, and the 47th lender in the nation by volume. Meridian’s SBA Lending Team is led by Rocco Perate, Executive Vice President, SBA Lending. Perate states, “The fact that Meridian ranks so high in number of loans and is the top SBA lender in terms of dollars is a credit to our entrepreneurial...

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AMD Delivers Leadership Portfolio of Data Center AI Solutions with AMD Instinct MI300 Series

AMD Instinct MI300 SeriesAMD Instinct MI300X— Dell Technologies, Hewlett Packard Enterprise, Lenovo, Meta, Microsoft, Oracle, Supermicro and others showcase AMD hardware for high performance computing and generative AI — — ROCm 6 open software ecosystem combines next-gen hardware and software to deliver ~8x generational performance increase, power advancements in generative AI and simplify deployment of AMD AI solutions — SANTA CLARA, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) announced the availability of the AMD Instinct™ MI300X accelerators – with industry leading memory bandwidth for generative AI1 and leadership performance for large language model (LLM) training and inferencing – as well as the AMD Instinct™ MI300A accelerated processing unit (APU) – combining the latest AMD CDNA™...

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AMD Extends Mobile PC Leadership with AMD Ryzen™ 8040 Series Processors and Makes Ryzen™ AI Software Widely Available, Advancing the AI PC Era

— Acer, Asus, Dell, HP, Lenovo and Razer laptops powered by AMD Ryzen™ 8040 Series mobile processors to deliver advanced computing for work, play, and AI-enabled experiences — — Ryzen™ AI 1.0 Software available to make it easier to deploy models on Ryzen AI PCs — SANTA CLARA, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) announced the new AMD Ryzen™ 8040 Series mobile processors, extending its leadership mobile offerings with best-in-class x86 processor performance.1 With the integrated Ryzen AI NPU on-die on select models, AMD is bringing even more state-of-the-art AI PCs to market,1 with up to 1.6x more AI processing performance than prior AMD models,2 to deliver new premium experiences and AI-ready capabilities. To further enable great AI experiences, AMD is also making Ryzen AI3 Software...

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AMD Showcases Growing Momentum for AMD Powered AI Solutions from the Data Center to PCs

— Microsoft, Dell Technologies, HPE, Lenovo, Meta, Oracle, Supermicro and others adopt new AMD Instinct MI300X and MI300A data center AI accelerators for training and inference solutions — — AMD also launches ROCm 6 software stack with significant performance optimizations and new features for Large Language Models and Ryzen 8040 Series notebook processors for AI PCs — SAN JOSE, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — Today at the “Advancing AI” event, AMD (NASDAQ: AMD) was joined by industry leaders including Microsoft, Meta, Oracle, Dell Technologies, HPE, Lenovo, Supermicro, Arista, Broadcom and Cisco to showcase how these companies are working with AMD to deliver advanced AI solutions spanning from cloud to enterprise and PCs. AMD launched multiple new products at the event, including the AMD Instinct™ MI300 Series...

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Dan Bongino Extends Contract With Westwood One, Recommits to Broadcast Radio

Deal Keeps “The Dan Bongino Show” in Broadcast Syndication on Westwood One and The Dan Bongino Show Podcast on the Cumulus Podcast Network for Multiple Years NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) — Cumulus Media’s (NASDAQ: CMLS) Westwood One today announced that Dan Bongino has extended his contract to host both his syndicated radio program “The Dan Bongino Show” on Westwood One and his podcasts, including the unique podcast The Dan Bongino Show, on the Cumulus Podcast Network for multiple years. Both the radio program and the podcasts showcase Bongino’s natural ability to forge connections and engage with his listeners. Westwood One launched “The Dan Bongino Show” on syndicated radio in May 2021 with 115 stations and has tripled station affiliations in just over two years, now boasting 356 affiliates and airing in nine of the...

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Final results of the Offer for Beter Bed Holding: 98.44% of the Shares obtained

JOINT PRESS RELEASE This is a joint press release by Beter Bed Holding N.V. (“Beter Bed Holding” or the “Company“) and 959 B.V. (the “Offeror“), a company controlled by Torqx Capital Partners (“Torqx“). This joint press release is issued pursuant to the Article 16, paragraphs 1 and 2, Article 17 paragraph 1 and Article 4, paragraph 3 of the Netherlands Decree in Public Takeover Bids (Besluit openbare biedingen Wft, the “Decree“) in connection with the recommended public offer by the Offeror for all the issued and outstanding shares in the capital of the Company (the “Offer“). This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in the Company. Any offer is only made by means of the offer memorandum...

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AS PRFoods: Sale of 51% share of OÜ REDSTORM and fish farming licence

AS PRFoods: Sale of 51% share of OÜ REDSTORM and fish farming licence AS Saaremere Kala (registry code 11310040), which is a subsidiary of AS PRFoods (registry code 11560713), was the owner of a 51% share of OÜ REDSTORM (registry code 11228060) with a nominal value of EUR 2,050, and is the holder of a superficies licence issued by the Consumer Protection and Technical Regulatory Authority on 19.09.2023 under decision no. 1-7/23-317. The main activity of OÜ REDSTORM is fish farming in Saaremaa, Estonia. The purpose of the licence held by Saaremere Kala AS is to encumber a public water body for the purpose of constructing aquacultural facilities for fish farming at sea. Saaremere Kala AS concluded a sales contract on 01.12.2023 and an Annex thereto on 06.12.2023, under which Saaremere Kala AS sold:its whole shareholding in OÜ REDSTORM,...

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