Day: January 3, 2024

Secures 21% of quota share reinsurance coverage from a panel of third-party reinsurance providers RALEIGH, N.C., Jan. 03, 2024 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has entered into a quota share reinsurance agreement with a broad panel of highly rated reinsurers. Under the agreement, and subject to certain conditions, Enact will cede approximately 21% of a portion of expected new insurance written for the period from January 1, 2024 through December 31, 2024. “We are pleased to have entered into our new quota share agreement, which gives us additional reinsurance capacity from a broad panel of highly rated reinsurers on attractive terms,”...

WALTHAM, Mass., Jan. 03, 2024 (GLOBE NEWSWIRE) — Dyne Therapeutics, Inc. (Nasdaq: DYN), a clinical-stage muscle disease company focused on advancing innovative life-transforming therapeutics for people living with genetically driven diseases, today announced that it has commenced an underwritten public offering of $175,000,000 of shares of its common stock. Dyne also intends to grant the underwriters a 30-day option to purchase up to an additional $26,250,000 of shares of its common stock. All of the shares in the proposed offering are to be sold by Dyne. Morgan Stanley, J.P. Morgan, Jefferies and Stifel are acting as joint book-running managers for the offering. Oppenheimer & Co. and Raymond James are acting as co-managers for the offering. The proposed offering is subject to market and other conditions, and there can be...

K-12 Teachers and Students Encouraged to Engage in Water Conservation Learning SAN JOSE, Calif., Jan. 03, 2024 (GLOBE NEWSWIRE) — California Water Service (Cal Water), in partnership with DoGoodery, has launched its 10th annual youth water conservation education program. This year, the program returns under a new name, Tap Into Learning, with multiple opportunities for students, classrooms, and school-based clubs in Cal Water service areas to engage in activities around caring for water. Returning opportunities include the art competition, rebranded “A Splash of Creativity,” and $100 grants—now known as “Water Smart Grants”—awarded for classroom water projects. New this year are “Aqua Adventures,” which offer free field trips to 4th- through 6th-grade classrooms, and “H2Oath,” in which students and teachers can commit to a variety...

NEWARK, Calif., Jan. 03, 2024 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a leading global provider of customer experience (CX) solutions and technology, plans to announce its fourth quarter and full year fiscal 2023 financial results after market close on Wednesday, January 24, 2024. The Company also plans to host a conference call and webcast with the investment community to discuss the financial results that same evening on Wednesday, January 24, 2024, at 5:00 pm, Eastern Time. The live conference call webcast will be available in listen-only mode in the Investor Relations section of the Concentrix website under “Events and Presentations” at https://ir.concentrix.com/events-and-presentations. A replay will also be available on the website following the conference call. About Concentrix Hi, we’re a leading global...

Coates International, Ltd. is planning to list its shares on the exchange this year Wall Township, NJ, Jan. 03, 2024 (GLOBE NEWSWIRE) — The company is pleased to announce that it has completed its R&D design and manufacturing the following products:The patented CSRV green industrial electric power generators that operate on hydrogen (H2) and diesel or hydrogen and natural gas. Orders have been received for these products The patented multi-fuel sequential management system for hydrogen, natural gas, propane, and all other engine fuels The Coates Hydrogen (H2) Reactor and all its green technologies is in the patent process. This reactor system produces gaseous hydrogen (H2) from ordinary water or sea water and uses only 1% of the energy produced by the electric power generator. The Coates Magnetized Charcoal Ambient Air...

Fairness opinion for existing shareholders on the Casino Group’s financial restructuring project Paris, 3 January 2024 Following on from the report made available to shareholders by Sorgem Evaluation as independent expert, the Group would like to reiterate the main conclusions of this report, which concluded that the restructuring plan is fair to current shareholders (link). According to Sorgem’s report, without implementation of the restructuring plan (see Appendix), the Group’s enterprise value of €3.71 billion, as implicit in the subscription price of the capital increase reserved for the Consortium, is well below the Group’s net debt (€7.88 billion). Under these conditions, the independent expert considers that the current economic value per share, and therefore the value per 100 shares, is zero. After implementation...

Not for distribution to United States newswire services or for dissemination in the United States VANCOUVER, British Columbia, Jan. 03, 2024 (GLOBE NEWSWIRE) — Raging Rhino Capital Corp. (RRCC.P: TSX-V) (the “Company”) is pleased to announce that all proposed resolutions were approved at the Company’s Annual General Meeting of shareholders held on December 28, 2023. A total of 2,000,200 shares were voted, representing 29.46% of total shares issued and outstanding as of the record date. Shareholders unanimously voted in favor of all the resolutions proposed by the Board of Directors and management of the Company as follows:The number of directors of the Company was set at five (5) and shareholders approved the re-election of Michael B. Harrison, Gary V. O’Connor, John P. Conlon, Edward T. L. Cheung and Vladimiro G. Cernetig as...