Month: January 2024

New York, New York, Jan. 10, 2024 (GLOBE NEWSWIRE) — Northern Star Investment Corp. II (NYSE American: NSTB) (the “Company”), announced today that the New York Stock Exchange Regulation, Inc., by letter dated January 5, 2024, notified the Company that it was not in compliance with NYSE American’s continued listing standards because the audit committee of the Company’s board of directors is no longer comprised of at least two independent members and does not have at least one member with the requisite financial sophistication. This noncompliance was caused by the December 19, 2023 resignation of two independent directors from the board, who each served on the audit committee and one of whom was the designated financially sophisticated audit committee member. The resignations were not the result of any disagreement with the Company...

Acquired 223 Properties for $78 Million in 2023 Full Year 2023 Weighted Average Capitalization Rate of 7.7% 96% of Debt Outstanding Set to Fixed Rates No Near-Term Debt MaturitiesCEDARHURST, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 postal properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, provided an update on its portfolio, collections, acquisitions, and capital markets activity for the fourth quarter of 2023. The Company also provided an update on its portfolio and balance sheet at year-end as well as on its acquisitions for the full year of 2023. For the full year 2023, the Company acquired 223 properties...

SAN DIEGO, Jan. 10, 2024 (GLOBE NEWSWIRE) — Crinetics Pharmaceuticals, Inc. (Nasdaq: CRNX) today announced that on January 10, 2024, the Compensation Committee of Crinetics’ Board of Directors granted non-qualified stock option awards to purchase an aggregate of 112,500 shares of its common stock to eight new non-executive employees under the Crinetics Pharmaceuticals, Inc. 2021 Employment Inducement Incentive Award Plan (the “2021 Inducement Plan”). The stock options were granted as inducements material to the employees entering into employment with Crinetics in accordance with Nasdaq Listing Rule 5635(c)(4). The 2021 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Crinetics, or following a bona fide period of non-employment, as an inducement material to such...

Grayscale Bitcoin Trust will become world’s second largest commodity-based ETF and world’s largest spot Bitcoin ETF* With over a decade of experience sponsoring a regulated Bitcoin investment vehicle on behalf of nearly a million investors, Grayscale has pioneered bridging the gap between the U.S. financial system and Bitcoin STAMFORD, Conn., Jan. 10, 2024 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest crypto asset manager*, today announced that the U.S. Securities and Exchange Commission (SEC) has approved NYSE Arca’s application pursuant to Rule 19b-4 under the Securities Exchange Act of 1934 to list the shares of its flagship product, Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) and is expected to declare GBTC’s registration statement on Form S-3 effective as of 5:00 p.m. EST today. The approval of the application...

NASHVILLE, Tenn., Jan. 10, 2024 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced additional details for its Investor Day on Wednesday, January 17, 2024. The event will be streamed live from the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee. Due to limited capacity, in-person attendance is by invitation only. The event will begin at 9:00 a.m. ET and conclude at approximately 1:00 p.m. ET. Featured speakers for the event include:Colin Reed, Executive Chairman Mark Fioravanti, President & Chief Executive Officer Jennifer Hutcheson, Executive Vice President & Chief Financial Officer Patrick Chaffin, Executive Vice President & Chief Operating Officer Patrick Moore, Chief Executive Officer – Opry Entertainment Group Michael McBride, Senior Vice...

HOUSTON, Jan. 10, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it completed a private placement of $25 million of senior unsecured notes (“Notes”). Net proceeds from the issuance will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the Notes issued:Series Amount($ in millions) Fixed Rate MaturitySeries VV Notes $25 5.79% 1/10/2034 The Notes issued in connection with this private placement will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration. Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment...

BOSTON, Jan. 10, 2024 (GLOBE NEWSWIRE) — Praxis Precision Medicines, Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance, today announced a proposed public offering of its common stock and, in lieu of common stock to certain investors, prefunded warrants to purchase shares of common stock. All securities in the offering will be offered by Praxis. In addition, Praxis intends to grant the underwriters a 30-day option to purchase additional shares of common stock in an amount up to 15% of the shares of common stock (or prefunded warrants in lieu thereof) sold in the offering at the public offering price, less the underwriting discount and commission. Piper Sandler...

MILWAUKEE, Jan. 10, 2024 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of December 31, 2023 totaled $150.2 billion. Artisan Funds and Artisan Global Funds accounted for $72.8 billion of total firm AUM, while separate accounts and other AUM1 accounted for $77.4 billion. In December, certain Artisan Funds made their annual income and capital gains distributions. December month-end AUM includes the impact of approximately $115 million of Artisan Funds distributions not reinvested.PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2         As of December 31, 2023 – ($ Millions)    Growth Team    Global Opportunities   $21,232  Global Discovery   1,490  U.S. Mid-Cap Growth   12,646  U.S. Small-Cap Growth   3,178  Global...

WILLIAMSVILLE, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) — Today, Seneca Resources Company, LLC (Seneca), the Exploration and Production segment of National Fuel Gas Company (NYSE: NFG) (National Fuel), announced that it has attained an “A” letter grade under Equitable Origin’s EO100™ Standard for Responsible Energy Development certification, covering 100% of its natural gas production, approximately 1 billion cubic feet of natural gas per day. To achieve this “A” grade, Seneca, as part of an annual verification audit, demonstrated scores of 98% or higher across all five principles of the EO100™ Standard, including corporate governance and ethics; social impacts, human rights and community engagement; Indigenous Peoples’ rights; occupational health, safety and fair labor standards; and...

BLOOMINGTON, Ill., Jan. 10, 2024 (GLOBE NEWSWIRE) — HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT”), the holding company for Heartland Bank and Trust Company, today announced that it will issue its fourth quarter 2023 financial results before the market opens on Wednesday, January 24, 2024. A copy of the press release announcing the fourth quarter 2023 financial results and an investor presentation will be made available on the Company’s investor relations website at https://ir.hbtfinancial.com. About HBT Financial, Inc. HBT Financial, Inc., headquartered in Bloomington, Illinois, is the holding company for Heartland Bank and Trust Company, and has banking roots that can be traced back to 1920. HBT provides a comprehensive suite of business, commercial, wealth management, and retail banking products and services to individuals,...