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Year: 2023

LeddarTech Unveils LeddarCar at Reuters Automotive USA 2023 on November 8-9 in Detroit, Demonstrating Next-Gen Sensor Fusion and Perception Software for ADAS Applications

QUEBEC CITY, Oct. 25, 2023 (GLOBE NEWSWIRE) — LeddarTech®, an automotive software company that provides patented disruptive low-level sensor fusion and perception software technology for ADAS and AD, is pleased to announce its participation as a speaker and on-site exhibitor along with demonstrating its technology live with the LeddarCar at the Automotive USA 2023 conference on November 8-9, Huntington Place, Detroit, MI. The Automotive USA 2023 event has become an industry hallmark, and this year’s edition promises to be a new milestone in automotive innovation. LeddarTech’s software solutions have received several awards and honors this year, with most recently being granted the UK-based AutoTech Breakthrough announced on October 4, 2023 that LeddarVision™ Front-Entry-Level (LVF-E) has been selected as winner of the Advanced...

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BlackRock® Canada Announces Final Termination Proceeds Relating to the Termination of Certain iShares Funds

Listing: TSX (Toronto Stock Exchange) Symbol: XFS, XFS.U, XFI, XFC, XCLR, XULR, XDLR TORONTO, Oct. 24, 2023 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) today announces additional information regarding the termination of the following funds (the “Terminating Funds”) that was announced on August 11, 2023.Terminating Fund Name TickeriShares MSCI Multifactor USA Index ETF XFS/XFS.UiShares MSCI Multifactor EAFE Index ETF XFIiShares MSCI Multifactor Canada Index ETF XFCiShares ESG MSCI Canada Leaders Index ETF XCLRiShares ESG MSCI USA Leaders Index ETF XULRiShares ESG MSCI EAFE Leaders Index ETF XDLRThe units of the Terminating Funds were delisted from the Toronto Stock Exchange on October 17,...

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Lifeist Terminates Agreement for Sale of Australian Vapes

TORONTO, Oct. 24, 2023 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science and technology to build breakthrough ventures that transform human wellness announces the termination of the share purchase agreement (the “SPA”) entered into on September 17, 2023 with Flora Growth Corp. (NASDAQ: FLGC) (“Flora”) to divest and sell Australian Vaporizers Pty Limited (“Australian Vapes”), its wholly owned Australian subsidiary, to Flora. The transaction and its details were previously disclosed in a news release dated September 18, 2023, a copy of which can be found on SEDAR+ under the Company’s profile. The SPA was terminated, in accordance with its terms, effective October 20, 2023, the agreed-upon closing...

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FANHUA Provides Select Preliminary Financial Results and Schedules to Report Third Quarter 2023 Financial Results on November 20, 2023

GUANGZHOU, China, Oct. 24, 2023 (GLOBE NEWSWIRE) — FANHUA Inc. (“FANHUA” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today provides select preliminary financial results for the third quarter of 2023. Based on its preliminary estimates, the Company is expected to recognize an unrealized investment gain of approximately US$22.5 million, or RMB164 million, in the third quarter 2023, following the recent listing of a company in which FANHUA owns 2.8% equity interest. Taking this unrealized investment gain into account, the Company’s net income attributable to shareholders for the third quarter 2023 is estimated to increase significantly. Further details of our financial performance over the third quarter of 2023 will be provided on November 20, 2023. Its full-year guidance of no less...

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Volaris Reports Financial Results for the Third Quarter 2023

MEXICO CITY, Oct. 24, 2023 (GLOBE NEWSWIRE) — Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “The Company”), the ultra-low-cost airline serving Mexico, the United States, Central and South America, today announces its financial results for the third quarter 20231. Third Quarter 2023 Highlights(All figures are reported in U.S. dollars and compared to 3Q 2022 unless otherwise noted)Total operating revenues of $848 million, a 10% increase. Total revenue per available seat mile (TRASM) increased 1.8% to $8.37 cents. Available seat miles (ASMs) increased 8.2% to 10.1 billion. Total operating expenses of $809 million, representing 95% of total operating revenue. Total operating expenses per available seat mile (CASM) increased 1.7% to $7.98 cents. Average economic fuel cost decreased...

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Shenandoah Telecommunications Company to Acquire Horizon Telcom

EDINBURG, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”) for $385 million (the “Transaction”). Consideration will consist of $305 million in cash and $80 million of Shentel common stock. Horizon is a leading commercial fiber provider in Ohio and adjacent states serving national wireless providers, carriers, enterprises, and government, education and healthcare customers. Horizon’s unique 7,200 route-mile fiber network is the largest and most dense network across its footprint with over 9,000 on-net locations. Approximately 64% of Horizon’s revenues are derived from their commercial customers. Based...

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Sound Financial Bancorp, Inc. Q3 2023 Results

SEATTLE, Oct. 24, 2023 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (the “Company”) (Nasdaq: SFBC), the holding company for Sound Community Bank (the “Bank”), today reported net income of $1.2 million for the quarter ended September 30, 2023, or $0.45 diluted earnings per share, as compared to net income of $2.9 million, or $1.11 diluted earnings per share, for the quarter ended June 30, 2023, and $2.5 million, or $0.97 diluted earnings per share, for the quarter ended September 30, 2022. The Company also announced today that its Board of Directors declared a cash dividend on Company common stock of $0.19 per share, payable on November 22, 2023 to stockholders of record as of the close of business on November 8, 2023.  Comments from the President and Chief Executive Officer       “Despite the challenging rate environment,...

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Fancamp Files Audited Year End and Interim Financial Statements

VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX Venture Exchange: FNC) today announced the filing of its audited consolidated financial statement for the year ended April 30, 2023, annual management’s discussion and analysis for the same period and management certifications of annual filings (collectively, the “Annual Filings”). The Corporation also announced the filing of its unaudited interim financial statements for the three months ended July 31, 2023, the management’s discussion and analysis for the same period and management certifications of interim filings (collectively, the “Interim Filings”). The Annual Filings and the Interim Filings can be found under Fancamp’s profile on SEDAR+ (www.sedarplus.ca). As previously announced on August 29, 2023,...

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Pulse Seismic Inc. Reports Third Quarter 2023 Results and Declares Regular Quarterly Dividend

CALGARY, Alberta, Oct. 24, 2023 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three and nine months ended September 30, 2023. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR (www.sedar.com) and will be available on Pulse’s website at www.pulseseismic.com. Pulse’s Board of Directors today approved a regular quarterly dividend of $0.01375 per share ($0.055 per share annualized) totalling approximately $724,000 based on Pulse’s 52,659,363 common shares outstanding as of October 24, 2023, which will be paid on November 21, 2023 to shareholders of record on November 14, 2023. This dividend is designated as an eligible dividend for Canadian income tax...

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Araclon Biotech Presents Positive Final Results from Phase 2 Clinical Study of ABvac40 Alzheimer’s Vaccine at CTAD

Trial met primary endpoints, confirming vaccine’s safety, tolerability and robust immune response against the Aβ40 peptide in early-stage Alzheimer’s patients ABvac40 treatment slowed disease progression up to 38% compared with placebo as measured by the Mini-Mental State Examination score Vaccine’s unique design offers a new approach to address growing need for effective Alzheimer’s treatments as the prevalence of Alzheimer’s disease is expected to double by the year 2050 in the U.S. alone1ZARAGOZA, Spain, Oct. 24, 2023 (GLOBE NEWSWIRE) — Araclon Biotech, a Grifols Group company dedicated to the research and development of therapies and diagnostic methods applied to neurodegenerative diseases, today announced encouraging final results from its Phase 2 trial (NCT03461276) of ABvac40, an active vaccine against the Aβ40...

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