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Month: January 2024

UMH PROPERTIES, INC. 2023 YEAR END OPERATIONS UPDATE

FREEHOLD, NJ, Jan. 04, 2024 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in the ownership and operation of manufactured home communities, is providing investors with an update on our year end 2023 operating results:As of year end, UMH achieved an equity market capitalization of over $1 billion. During the year, UMH rented 1,040 new homes, 130 of which were rented during the fourth quarter. UMH now owns approximately 10,000 rental homes with an occupancy rate of 94.0%. During the year, UMH sold 164 new homes, 41 of which were sold during the fourth quarter. Home sales revenue increased to $31.1 million during the year ended 2023 from $25.3 million during the year ended 2022, resulting in a 22.9% increase in home sales revenue. Overall occupancy increased by 705...

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Picton Mahoney Asset Management Announces Investor Eligibility Changes for Class O Units of Picton Mahoney Fortified Active Extension Alternative Fund and Picton Mahoney Fortified Inflation Opportunities Alternative Fund

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America. TORONTO, Jan. 04, 2024 (GLOBE NEWSWIRE) — Picton Mahoney Asset Management (“Picton Mahoney”), the manager of the Picton Mahoney Fortified Active Extension Alternative Fund (TSX: PFAE) and Picton Mahoney Fortified Inflation Opportunities Alternative Fund (collectively, the “Funds”), announced that effective today, the Class O units of each Fund will also be made available to dealers and institutional investors who have entered into an agreement with Picton Mahoney and make the required minimum initial investment as determined by Picton Mahoney from time to time. To learn more about Picton Mahoney’s full suite of funds, visit www.pictonmahoney.com. About Picton MahoneyPicton Mahoney Asset Management specializes in differentiated investment...

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Ekso Bionics Reports Certain Preliminary Fourth Quarter and Full Year 2023 Financial Results

SAN RAFAEL, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) — Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) (the “Company”), an industry leader in exoskeleton technology for medical and industrial use, today announced preliminary top line financial results for the fourth quarter and fiscal year ended December 31, 2023. Total revenue for the fourth quarter of 2023 is estimated to be in the range of $4.7 million to $4.9 million, compared to total revenue of $3.6 million in the fourth quarter of 2022. Total revenue for fiscal year 2023 is estimated to be in the range of $18.1 million to $18.3 million, compared to $12.9 million in 2022. Estimated cash as of December 31, 2023 was $8.6 million, compared to $20.5 million at December 31, 2022. For the quarter ended December 31, 2023, the Company used an estimated $1.7 million of cash in operations,...

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AGF Management Limited to Release Fiscal 2023 Financial Results on January 24, 2024

TORONTO, Jan. 04, 2024 (GLOBE NEWSWIRE) — AGF Management Limited (TSX: AGF.B) will release its financial results for fiscal 2023 on Wednesday, January 24, 2024 at approximately 8:00 a.m. ET. AGF will hold a conference call and webcast to discuss these results at 11:00 a.m. ET. The discussion will feature remarks by Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, and Ken Tsang, Chief Financial Officer. Judy G. Goldring, President and Head of Global Distribution, will also be available for the question-and-answer period with investment analysts following the presentation. The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at https://edge.media-server.com/mmc/p/5oqk38wy. Alternatively, the call can be accessed over the phone...

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Sun Communities, Inc. Prices $500 Million of Senior Notes

Southfield, MI, Jan. 04, 2024 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing and recreational vehicle communities and marinas, today announced that its operating partnership, Sun Communities Operating Limited Partnership (the “Operating Partnership”), has priced a public offering of $500 million aggregate principal amount of 5.500% senior notes due 2029 (the “Notes”). The public offering price for the Notes was 99.878% of the principal amount for an effective yield to maturity of 5.528%. The Notes will be senior unsecured obligations of the Operating Partnership, guaranteed fully and unconditionally by the Company. The offering is expected to close on or about January 11, 2024, subject to...

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AGF Reports December 2023 Assets Under Management and Fee-Earning Assets

TORONTO, Jan. 04, 2024 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $42.8 billion as at December 31, 2023.           AUM($ billions) December 31, 2023 November 30, 2023 % ChangeMonth-Over-Month December 31, 2022 % ChangeYear-Over-YearTotal Mutual Fund (including retail pooled funds) $24.8 $24.4   $23.1  Exchange-traded funds + Separately managed accounts $1.5 $1.5   $1.3  Segregated accounts and Sub-advisory + AGF Private Wealth $14.4 $14.2   $14.0  Subtotal (before AGF Private Capital AUM and fee-earning assets1) $40.7 $40.1   $38.4  AGF Private Capital $0.1 $0.1   $0.1  Total AUM $40.8 $40.2 1.5% $38.5 6.0%AGF Private Capital fee-earning assets1 $2.0 $2.0   $2.0  Total AUM and fee-earning assets1 $42.8 $42.2 1.4% $40.5 5.7%           Average...

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Old National Bancorp Announces Schedule for Fourth-Quarter and Full-Year 2023 Earnings Release and Conference Call

EVANSVILLE, Ind., Jan. 04, 2024 (GLOBE NEWSWIRE) — (NASDAQ: ONB) – Old National Bancorp, the holding company of Old National Bank, today announced the following schedule for its fourth-quarter and full-year 2023 earnings release and conference call:Earnings Release:       Tuesday, January 23, 2024, at approximately 8:00 A.M. ET     Conference Call:   Tuesday, January 23, 2024, at 10:00 A.M. ET     Dial-in Numbers:   U.S. (888) 300-3045; International: (646) 568-1027; Access code 5258325     Webcast:   Via Old National’s Investor Relations website at oldnational.com     Webcast Replay:   Available approximately one hour after completion of the call, until midnight ET on January 23, 2025, via Old National’s Investor Relations website at oldnational.com     Telephone Replay:   U.S. (800) 770-2030;...

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REVIV3 Procare Company Reports Record Second Quarter Fiscal Year 2024 Financial Results

Net Sales (revenue) increased 25.1% to a record $8.4 million for the second quarter ended November 30, 2023, as compared to the prior year period. Gross Profit (as a percentage of Net Sales) was 74.3% as compared to 74.9% for the prior year period. Operating expenses as a percentage of Net Sales was 59.3% as compared to 60.2% for the prior year period. Net Income increased 40.1% to a record $1,018,075 as compared to $726,900 for the prior year period.LOS ANGELES, Jan. 04, 2024 (GLOBE NEWSWIRE) — Reviv3 Procare Company (“Reviv3,” “we,” “us,” “our,” or the “Company”) (OTCQB: RVIV), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3® hair and skin care products, today announced financial and operational results for the second quarter ended November 30, 2023. “We delivered...

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Catalyst Pharmaceuticals, Inc. Announces Proposed Public Offering of Common Stock

CORAL GABLES, Fla., Jan. 04, 2024 (GLOBE NEWSWIRE) — Catalyst Pharmaceuticals, Inc. (“Catalyst” or the “Company”) (Nasdaq: CPRX) announced today that it has commenced an underwritten public offering of $150,000,000 of its common stock. Catalyst also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering, at the public offering price, less underwriting discounts. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. All of the shares in the offering are being sold by Catalyst. BofA Securities, Citigroup, Piper Sandler & Co., Cantor, and Truist Securities are acting as bookrunners for the offering. Oppenheimer &...

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Axogen Reports Preliminary Unaudited Revenue for Fourth Quarter and Full-Year 2023

ALACHUA, Fla. and TAMPA, Fla., Jan. 04, 2024 (GLOBE NEWSWIRE) — Axogen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerve injuries, today announced preliminary unaudited fourth quarter and full-year 2023 revenue. Preliminary Unaudited Fourth Quarter and Year-End Performance and Business HighlightsFourth quarter revenue is expected to be approximately $42.7 million, which represents an 18% increase over the fourth-quarter of 2022 driven by solid performance across the product portfolio. Full-year 2023 revenue is expected to be approximately $158.8 million, which represents a 15% increase over the full-year of 2022. This growth is attributed to the effective implementation of sales strategies and the performance of our diverse product portfolio including the launch...

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