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Year: 2023

Starbox Group Holdings Ltd. Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Kuala Lumpur, Malaysia, Dec. 01, 2023 (GLOBE NEWSWIRE) — Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, digital advertising, and payment solutions with a goal of becoming a comprehensive artificial intelligence (“AI”) solutions provider within Southeast Asia, today announced that the Company received a notification letter (the “Notification Letter”) from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on November 27, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification. Nasdaq...

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Brilliant Earth Announces Participation in the Morgan Stanley Global Consumer & Retail Conference and the SHARE Series Women in Investing Event

SAN FRANCISCO, Dec. 01, 2023 (GLOBE NEWSWIRE) — Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced the Company will participate in two upcoming investor events.   On December 5, 2023, the Company will hold investor meetings throughout the day at the Morgan Stanley Global Consumer & Retail Conference being held in New York, New York. On December 8, 2023, management will participate in a fireside chat at the SHARE Series Women in Investing event at 9:00 am ET. The event will be held at the New York Stock Exchange, with an institutional and retail investor audience.   A live stream of this presentation will be webcast and can be accessed at https://www.openexchange.tv/share-series or the “Events and Presentations” section...

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Unitil Announces Director Resignation

HAMPTON, N.H., Dec. 01, 2023 (GLOBE NEWSWIRE) — Unitil Corporation (NYSE: UTL) (unitil.com) today announced that Eben S. Moulton will resign as a member of the Board of Directors (the “Board”) of Unitil Corporation, effective as of today, December 1, 2023. Mr. Moulton has served on the Board since 2000, including as chair of the Compensation Committee from 2002 to 2017. Mr. Moulton elected to resign from the Board prior to the expiration of his current term in April 2025 in order to pursue additional personal interests in his retirement years. “On behalf of our leadership team and the entire Unitil Board, I would like to thank Eben for his many contributions in the boardroom and for his expertise and dedicated service over an extraordinary 23-year period,” said Thomas P. Meissner, Jr., Unitil’s Chairman and Chief Executive Officer....

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Capital Power provides notice of Preferred Shares (Series 3) conversion privilege and dividend rate notice

EDMONTON, Alberta, Dec. 01, 2023 (GLOBE NEWSWIRE) — Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that it has notified registered shareholders of its Cumulative Rate Reset Preference Shares, Series 3 (Series 3 Shares) (TSX: CPX.PR.C) of the Conversion Privilege and Dividend Rate Notice. Subject to certain conditions, beginning on December 1, 2023 and ending at 5:00 p.m. (Toronto time) on December 18, 2023, each registered holder of Series 3 Shares will have the right to elect to convert any or all of their Series 3 Shares into an equal number of Cumulative Floating Rate Preference Shares, Series 4 (Series 4 Shares) by delivering an Election Notice to the Corporation. If Capital Power does not receive an Election Notice from a holder of Series 3 Shares during the time fixed therefor, then...

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Guggenheim Investments Announces December 2023 Closed-End Fund Distributions

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”). The following dates apply to the distributions:Record Date   December 15, 2023Ex-Dividend Date   December 14, 2023Payable Date    December 29, 2023Distribution ScheduleNYSE Ticker Closed-End Fund Name DistributionPer Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172†   MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573†   MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821†   MonthlyGUG Guggenheim Active Allocation Fund $0.11875†   Monthly†...

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Seaport Global Acquisition II Corp Announces Final Value for Redemption of Public Shares

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) — Seaport Global Acquisition II Corp. (Nasdaq: SGII) (the “Company”), a special purpose acquisition company, today announced the final per share redemption value for its Class A redeemable shares. As previously announced on November 20, 2023, the Company intends to dissolve and liquidate in accordance with the provisions of the Amended Charter. As a result, the Company will redeem all of the remaining outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”), at a per-share redemption price of $10.835, as of December 6, 2023. As of the open of business on Monday, December 4, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount. In order to provide for...

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Sonoco Acquires Inapel Embalagens Ltda.

HARTSVILLE, S.C., Dec. 01, 2023 (GLOBE NEWSWIRE) — Global packaging leader Sonoco (NYSE: SON) is pleased to announce the expansion of its flexible packaging service operations with the acquisition of Inapel Embalagens Ltda. in Brazil. Inapel has been an industry leading flexible packaging manufacturer for over 50 years. The company currently operates two facilities in São Paulo – one in Jundiai and the other in Guarulhos – with approximately 500 employees companywide. Production capabilities range from rotogravure printing, adhesive and extrusion laminations, specialty coatings, cold seal, pouching and cylinder engraving. Inapel will add to Sonoco’s existing flexible packaging operation in Pinhais, Brazil. The Sonoco Graffo site has been a top producer of high-quality rotogravure printing and sophisticated lamination for eight...

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Calian Completes Acquisition of Decisive Group and Confirms Filing of Audited Financial Statements

OTTAWA, Dec. 01, 2023 (GLOBE NEWSWIRE) — Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, has completed the acquisition of Decisive Group for up to CAD$74.7 million. A leader in the IT infrastructure and cyber security services business, the acquisition of Decisive rounds out Calian’s North American offerings. It also positions the Calian IT and Cyber Solutions (ITCS) portfolio to expand further into global markets—serving a broader set of customers.  “We’re pleased to be acquiring a company that not only has so much to offer, but also has similar values,” says Kevin Ford, Calian CEO. “This acquisition is also an important step in our growth strategy allowing us to continue to scale our IT and cyber business. Ultimately,...

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HOPE GAS CONTINUES WEST VIRGINIA GROWTH WITH ACQUISITION OF SOUTHERN PUBLIC SERVICE COMPANY

Hope Gas now serves customers in 37 West Virginia counties Morgantown, WV, Dec. 01, 2023 (GLOBE NEWSWIRE) — Hope Gas (Hope) today announced that it closed the acquisition of Southern Public Service Company (Southern Public). The acquisition of Southern Public adds approximately 6400 new customers across six counties. This is Hope’s third acquisition of 2023. The company previously acquired approximately 900 miles of pipelines from Equitrans and Peoples Gas WV which included approximately 400 miles of pipelines.  “Hope Gas continues to grow and provide service to more West Virginian families and businesses,” said Morgan O’Brien, CEO of Hope Gas. “Our investors at Ullico have committed over a billion dollars in investment in West Virginia in just about a year’s time. I welcome our new customers and employees to Hope Gas. We are committed...

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Core Specialty Completes Acquisition to form Medical Stop-Loss Division

Represents Core Specialty’s 14th Specialty Business Unit Furthers Core Specialty’s momentum in building a leading specialty insurance company Jim Stelling joins Core Specialty as President, Medical Stop-LossCINCINNATI, Dec. 01, 2023 (GLOBE NEWSWIRE) — Core Specialty Insurance Holdings, Inc. and its subsidiaries (“Core Specialty” or the “Company”) announced today the completion of the acquisition of the MGU/Stop-Loss business of American National Group (“ANAT”), which was previously announced on June 12, 2023. The acquisition marks Core Specialty’s 14th Specialty Business Unit. Jim Stelling has joined the company as President of the new Medical Stop-Loss Division, which is maintaining its presence in League City, Texas. The business was acquired for cash through the acquisition of 100% of the stock of Standard Life and Accident...

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