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Month: January 2024

Fairfax Completes US$200,000,000 Re-Opening of 6.000% Senior Notes Due 2033

TORONTO, Jan. 12, 2024 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of an additional US$200,000,000 of its 6.000% Senior Notes due December 7, 2033 (the “Notes”). Together with the previously issued US$400,000,000 aggregate principal amount of notes of this series (the “Original Notes”), there is US$600,000,000 aggregate principal amount of notes of this series outstanding. In connection with the closing of the offering, Fairfax entered into a customary registration rights agreement. Fairfax intends to use substantially all of the net proceeds from the offering of the Notes, together with a portion of the net proceeds from the issuance of the Original Notes, to repay outstanding indebtedness with upcoming maturities and use any remainder for...

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Kite Realty Group Trust Announces Pricing of $350 Million Senior Notes Offering

INDIANAPOLIS, Jan. 12, 2024 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that, on January 12, 2024, its operating partnership, Kite Realty Group, L.P. (the “Operating Partnership”), priced an offering of $350 million aggregate principal amount of 5.500% Senior Notes due 2034 (the “Notes”) in an underwritten public offering. The Notes will be issued at 98.670% of par value with a yield to maturity of 5.673%. Interest on the Notes is payable semi-annually on March 1 and September 1 of each year, beginning on September 1, 2024. The offering is expected to close on January 17, 2024, subject to the satisfaction of customary closing conditions. The Operating Partnership intends to use the net proceeds from this offering to repay outstanding indebtedness and for general corporate purposes. J.P....

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Interpublic Schedules Fourth Quarter & Full Year 2023 Earnings Release

New York, NY, Jan. 12, 2024 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) today announced that it will release earnings for the fourth quarter and full year ended December 31, 2023 on the morning of February 8, 2024. Following the release, the company will hold a conference call for investors at 8:30 a.m. Eastern Time on the same day to review results. To join the conference call, please call (800) 369-1885. Outside the United States, please call (517) 308-9285. The participant passcode is 8650803. The call will be available live on the company’s website, www.interpublic.com. The conference call will be recorded and available for 30 days by calling (866) 491-2908 followed by the passcode 7415. Outside the United States, please call (203) 369-1716 followed by the passcode 7415. The call will also be archived and available in...

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MEDIA ADVISORY – Capital Power and Ontario Power Generation (OPG) Joint Announcement

EDMONTON, Alberta, Jan. 12, 2024 (GLOBE NEWSWIRE) — Media are invited to join Capital Power and Ontario Power Generation (OPG) for an important announcement on meeting Alberta’s future clean energy demand. The announcement will include remarks from the speakers listed below followed by a Q&A. The event will also be livestreamed at https://www.capitalpower.com/live/. For follow-up interviews with Capital Power or OPG, please contact the company representative listed below.When: Monday, January 15, 2024 1:30 – 2:30 pm MSTWhere: JW Marriott Edmonton Ice District #1600, 10250 101 St NW Wayne Gretzky Ballroom (Salon A)Parking: Guests can park in the ICE DISTRICT / LOBLAWS (lot 56) parking lot located directly under the JW Marriott hotel and Stantec tower. Entry to lot can me made via the WEST entrance located on 103...

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Completion of First Tranche of Tenaris Share Buyback Program. Weekly Report (January 8 – January 12, 2024)

LUXEMBOURG, Jan. 12, 2024 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of the first tranche of its previously announced Share Buyback Program. During the first tranche, which ran from November 6, 2023, to (and including) January 12, 2024, the Company purchased a total of 17,779,302 ordinary shares for a total consideration of €276,201,768, or US$300 million. From January 8, 2024 to (and including) January 12, 2024, the Company purchased the following ordinary shares:Date TradingVenue SharesPurchased WeightedAverage Price(EUR) Purchases inEUR ReferenceFX Purchases inUSD08-ene-24 MTA 606,482   15.3468 9,307,558   1.0979 10,218,303  08-ene-24 CEUX 285,810   15.3463 4,386,126   1.0979 4,815,308  08-ene-24 TQEX 29,562   15.3437 453,590   1.0979 497,974  08-ene-24 AQXE 28,377   15.3480 435,530   1.0979 478,147  09-ene-24 MTA 606,482   15.1197 9,169,826   1.0972 10,060,674  09-ene-24 CEUX 285,810   15.1199 4,321,419   1.0972 4,741,244  09-ene-24 TQEX 29,562   15.1193 446,957   1.0972 490,379  09-ene-24 AQXE 28,377   15.1226 429,134   1.0972 470,824  10-ene-24 MTA 606,482   14.8555 9,009,593   1.0918 9,836,674  10-ene-24 CEUX 284,396   14.8557 4,224,902   1.0918 4,612,748  10-ene-24 TQEX 29,318   14.8544 435,501   1.0918 475,480  10-ene-24 AQXE 28,377   14.8547 421,532   1.0918 460,228  11-ene-24 MTA 603,614   14.8252 8,948,698   1.0968 9,814,485  11-ene-24 CEUX 58,517   14.8235 867,427   1.0968 951,350      3,511,166   15.0542 52,857,793     57,923,819  As...

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Lifecore Biomedical, Inc. Receives Notice from Nasdaq Regarding Delayed Quarterly Report

CHASKA, Minn., Jan. 12, 2024 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (NASDAQ: LFCR) (the “Company”) announced today that it received a notice (“Notice”) on January 10, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because the Company failed to timely file its Interim Report on Form 10-Q for the period ended November 29, 2023 (the “Q2 Form 10-Q”), and because the Company remains delinquent in filing its Annual Report on Form 10-K for the period ended May 28, 2023 (the “Form 10-K”) and its Quarterly Report on Form 10-Q for the fiscal quarter ended August 27, 2023 (the “Q1 Form 10-Q” and, together with the Form 10-K and the Q2 Form 10-Q, the “Filings”) with the Securities and Exchange...

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ThreeD Capital Inc. Issues Early Warning Report in Connection with Acquisition of Securities of infinitii ai inc.

TORONTO, Jan. 12, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through the completion of a recent private placement and issuance of convertible debentures on December 14, 2023 (collectively referred to as the “Acquisitions”), ThreeD and Sheldon Inwentash (the “Joint Actor”) acquired ownership and control of an aggregate of 1,000,000 common shares (the “Subject Shares”) of infinitii ai inc. (the “Company” or “infinitii”), 1,000,000 common share purchase warrants (the “Subject Warrants” and together with the Subject Shares, the “Subject Units”), and unsecured convertible debentures (the “Subject Debentures”) convertible into 4,000,000...

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MidWestOne Financial Group, Inc. Announces Fourth Quarter 2023 Earnings Conference Call

IOWA CITY, Iowa, Jan. 12, 2024 (GLOBE NEWSWIRE) — MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“MidWestOne” or the “Company”), parent company of MidWestOne Bank, today announced that its fourth quarter 2023 financial results will be released after market closes on Thursday, January 25, 2024. The Company will host a conference call to discuss its financial results at 11:00 a.m. Central Time on Friday, January 26, 2024. Investors and analysts interested in participating in the call may pre-register utilizing the following link: https://www.netroadshow.com/events/login?show=0492f968&confId=59127. After pre-registering for this event, you will receive your access details via email. On the day of the call, you are also able to dial 1-833-470-1428 (callers located in Canada please dial 1-833-950-0062) approximately 15 minutes...

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Bioventus Announces Inducement Equity to President and Chief Executive Officer Robert Claypoole

DURHAM, N.C., Jan. 12, 2024 (GLOBE NEWSWIRE) — Bioventus Inc. (Nasdaq: BVS) (“Bioventus” or the “Company”), a global leader in innovations for active healing, announced today the issuance on January 11, 2024 of previously disclosed inducement equity awards to Robert (Rob) Claypoole in connection with this appointment as President and Chief Executive Officer, and Principle Executive Officer of the Company. The awards consist of 375,000 restricted share units and options to purchase 850,000 shares of the Company’s Class A common stock. Both awards will vest in four equal installments on the first four anniversaries of January 10, 2024, subject to Mr. Claypoole’s continued employment with the Company through each applicable vesting date. The exercise price for the options is $4.89. The awards were approved in accordance with Nasdaq...

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Alico, Inc. to Present at Sidoti Virtual Investor Conference

FORT MYERS, Fla., Jan. 12, 2024 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced today that John Kiernan, the Company’s Chief Executive Officer and President, will present and host one-on-one meetings with investors at the Sidoti January Virtual Investor Conference, taking place on January 17th and 18th of 2024. The presentation will begin at 8:15AM EST on January 17th and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_0cggnfidRDSKMh74VUwgiQ Alico will also host virtual one-on-ones with investors on Wednesday the 17th and Thursday the 18th, 2024. To register for the presentation or one-on-ones, visit www.sidoti.com/events. Registration is free and you don’t need to be a Sidoti client. ABOUT ALICO Alico has over 125 years of experience as an agri-business, and currently...

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