Day: January 29, 2024

Castellum Announces Closing of $2.7 Million Registered Direct OfferingThe gross proceeds to the Company from the registered direct offering and concurrent private placement were approximately $2.7 million before deducting the placement agent’s fees and other estimated offering expenses payable by the Company – http://castellumus.com/.BETHESDA, Md., Jan. 29, 2024 (GLOBE NEWSWIRE) — Castellum, Inc. (the “Company”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government today announced the closing of its previously announced registered direct offering, consisting of the sale of 8,437,501 shares of common stock (or pre-funded warrants in lieu thereof). In a concurrent private placement, the Company also agreed to issue and sell to the investor warrants...

NASHVILLE, Tenn., Jan. 29, 2024 (GLOBE NEWSWIRE) — CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ: CSTR) announced that on January 26, 2024, the Board of Directors of the Company approved a quarterly dividend of $0.11 per common share payable on February 21, 2024 to shareholders of record of CapStar’s common stock as of the close of business on February 7, 2024. About CapStar Financial Holdings, Inc. CapStar Financial Holdings, Inc. is a bank holding company headquartered in Nashville, Tennessee and operates primarily through its wholly owned subsidiary, CapStar Bank, a Tennessee-chartered state bank. Visit www.capstarbank.com for more information. CONTACT:Mike Fowler, (615) 732-7404ir@capstarbank.com

RALEIGH, N.C., Jan. 29, 2024 (GLOBE NEWSWIRE) — Integrated Financial Holdings, Inc. (OTCQX: IFHI) (the “Company” or “IFHI”), the financial holding company for West Town Bank & Trust (the “Bank”) and Windsor Advantage, LLC (“Windsor”), released its financial results for the three and twelve months ended December 31, 2023. Highlights from the 2023 fourth quarter results include the following:Fourth quarter net income of $2.8 million, or $1.22 per diluted share compared to fourth quarter 2022 net income of $2.4 million, or $1.04 per diluted share. Year-to-date net income of $11.1 million or $4.91 per diluted share compared to a net loss of $199,000 or $(0.09) per diluted share in the prior year. Net interest income of $5.9 million for both the fourth quarters of 2023 and 2022. For the year, net interest income was $22.7 million...

BOCA RATON, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) — SpringBig Holdings, Inc. (“Springbig,” “we,” “our” or the “Company”) (OTCQX: SBIG), a leading provider of vertical SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced changes in its board of directors following completion on January 23, 2024, of its $8.0 million debt financing with a syndicate of lenders. The Company announced that Matt Sacks, Co-Managing Partner of Lightbank, and Shawn Dym, a co-lead investor in the debt financing through Shalcor Management Inc., have both joined the board of directors. Matt Sacks brings extensive experience investing in technology businesses from his role as Co-Managing Partner of Lightbank, and previously as a Principal at New Enterprise Associates. Matt is also the Founder and Executive...

MIAMI, Jan. 29, 2024 (GLOBE NEWSWIRE) — USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB), the holding company for U.S. Century Bank (the “Bank”), announced today that its Board of Directors approved a cash dividend program under which the Company intends to pay quarterly cash dividends. The inaugural quarterly dividend for the first quarter of 2024 will be $0.05 per share of Class A common stock, payable on March 5, 2024, to shareholders of record as of the close of business on February 15, 2024. Future dividend payments are subject to quarterly review and approval by the Board of Directors and will be targeted to be paid in the third month of the quarter. This first cash dividend represents an aggregate payout of approximately $978,000, or 36% of the Company’s reported fourth quarter 2023 net income. Based on the closing...

TORONTO, Jan. 29, 2024 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V: BNKR) (OTCQB: BHILL) announces that its board of directors has approved the grant of 672,450 restricted stock units (the “RSUs”) to the Chief Financial Officer of the Company pursuant to the terms of the Company’s amended and restated restricted stock unit incentive plan (the “RSU Plan”). Each RSU will vest on January 29, 2025 into one share of common stock of the Company (the “Common Shares”) at a deemed price of C$0.10 based on the closing price of the Common Shares on the TSX Venture Exchange (the “TSX-V”) on January 26, 2024. A copy of the RSU Plan is available under the Company’s profile on SEDAR+. ABOUT BUNKER HILL MINING CORP. Under new Idaho-based leadership, Bunker Hill intends to sustainably restart and develop...

AUBURN, Ala., Jan. 29, 2024 (GLOBE NEWSWIRE) — Auburn National Bancorporation (Nasdaq: AUBN) reported a net loss of $4.0 million, or $1.14 per share, for the fourth quarter of 2023. The quarterly loss reflects the sale of $117.6 million of available-for-sale securities for an after-tax loss of $4.7 million or $1.36 per share. Proceeds of $111.3 million from the securities sale were used to repay high-cost wholesale funding and sell high-cost reciprocal deposits, with the remaining amounts held in cash to fund future loan growth, the purchase of higher-yielding securities, and other banking operations. Although this balance sheet repositioning strategy resulted in a loss for the fourth quarter of 2023, it immediately improved the Company’s tangible common equity ratio or total equity to total asset ratio due to a smaller balance...

The UK MHRA approval follows approvals by the U.S. FDA and the European Commission Cidara is entitled to receive a milestone payment of approximately $2.8 million from MundipharmaSAN DIEGO, Jan. 29, 2024 (GLOBE NEWSWIRE) — Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company developing therapies designed to save lives and improve the standard of care for patients facing serious diseases, today announced that the United Kingdom (U.K.) Medicines and Healthcare products Regulatory Agency (MHRA) has approved REZZAYO (rezafungin acetate) for the treatment of invasive candidiasis in adults. “Today’s announcement by the MHRA expands treatment options to even more patients suffering from life-threatening invasive candidiasis infections globally,” said Taylor Sandison, M.D. M.P.H., Chief Medical Officer at Cidara. “Our team,...

ATLANTA, Jan. 29, 2024 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its first quarter ended December 31, 2023, after U.S. markets close on Thursday, February 8, 2024. On Friday, February 9, 2024, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company’s website www.muellerwaterproducts.com. An archive of the webcast will be available for approximately 90 days following the call. About Mueller Water Products, Inc. Mueller Water Products, Inc. is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America.  Our broad product and service portfolio...