Lancaster Resources Announces Receipt of Interim Order for Crestfield Copper Spin-Off

Written by Customer Service on February 9, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 09, 2024 (GLOBE NEWSWIRE) — Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster” or the “Company”) is pleased to announce that on February 2, 2024, the Supreme Court of British Columbia granted an interim order (the “Interim Order”) in connection with the proposed spin-off of Nelson Lake Copper Corp. (“Nelson Lake”) by Lancaster by way of Plan of Arrangement (the “Arrangement”). For further information on the Arrangement and the arrangement agreement (the “Arrangement Agreement“), please refer to Lancaster’s news release dated January 30, 2024. The Interim Order, among other things, directs Lancaster to call and hold a special meeting (the “Meeting“) of the holders of Lancaster common shares (the “Shareholders“) in accordance with the Business...

Lumine Group Inc. Provides Update on Mandatory Conversion of its Preferred Shares and Special Shares

Written by Customer Service on February 9, 2024. Posted in Public Companies.

TORONTO, Feb. 09, 2024 (GLOBE NEWSWIRE) — In accordance with the terms of the preferred shares and special shares (collectively, “Shares”) issued by Lumine Group Inc. (“Lumine Group” or the “Company”) in connection with Lumine Group’s spin-off into a separate public company last year, all of such Shares will be automatically converted into subordinate voting shares of the Company (“subordinate voting shares”) effective March 25, 2024 (the “Mandatory Conversion Date”) at their pre-determined conversion ratios. In connection with the mandatory conversion of the Shares, the holders thereof are entitled to receive all accrued but unpaid cumulative dividends on such shares accruing to the day before the Mandatory Conversion Date. The aggregate value of such dividends is estimated by the Company to be approximately US$87 million. Today,...

DZS Inc. Receives Expected Nasdaq Delisting Determination, Plans to Request Hearing by February 13

Written by Customer Service on February 9, 2024. Posted in Public Companies.

DALLAS, Feb. 09, 2024 (GLOBE NEWSWIRE) — DZS Inc. (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, announced today that on February 6, 2024, DZS Inc. (the “Company”) received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that Nasdaq has initiated a process that could result in the delisting of the Company’s securities from Nasdaq as a result of the Company not being in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Staff Determination has no immediate effect and will not immediately...

Battalion Oil in Compliance with NYSE American Listing Standards

Written by Customer Service on February 9, 2024. Posted in Public Companies.

Houston, Texas, Feb. 09, 2024 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL) (“Battalion” or the “Company”) today announced that on February 8, 2024, it received a notice letter on behalf of the NYSE American LLC acknowledging that, because the Company held its 2023 Annual Meeting on February 7, 2024, the Company is in compliance with its continued listing standards set forth in Section 704 of the Company Guide. About Battalion Battalion Oil Corporation is an independent energy company engaged in the acquisition, production, exploration and development of onshore oil and natural gas properties in the United States. CONTACT: BATTALION OIL CORPORATION Matthew B. Steele Chief Executive Officer 832-538-0300 | www.battalionoil.com

Hubbell Completes Sale of Residential Lighting Business

Written by Customer Service on February 9, 2024. Posted in Public Companies.

Shelton, CT, Feb. 09, 2024 (GLOBE NEWSWIRE) — Hubbell Incorporated (NYSE: HUBB) today announced it has completed the sale of its Residential Lighting business to Kingswood Capital Management, LP. The business sells indoor and outdoor lighting solutions to the residential market. About Hubbell Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure safely, reliably and efficiently. With 2023 revenues of $5.4 billion, Hubbell solutions electrify economies and energize communities. The corporate headquarters is located in Shelton, CT. Contact Dan InnamoratoHubbell Incorporated40 Waterview DrivePO Box 1000Shelton, CT 06484(475) 882-4292

byNordic Acquisition Corporation Announces Extension of Deadline to Complete Business Combination

Written by Customer Service on February 9, 2024. Posted in Public Companies.

New York, NY, Feb. 09, 2024 (GLOBE NEWSWIRE) — byNordic Acquisition Corporation (NASDAQ: BYNO (“BYNO” or the “Company”), a special purpose acquisition company, announced today that the Company has timely deposited into the Company’s trust account (the “Trust Account”), an aggregate of $105,000, in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from February 12, 2024 to March 12, 2024 (the “Extension”). The Extension is the first of up to six (6) one-month extensions permitted under the August 10, 2023 amendment to the Company’s Amended and Restated Certificate of Incorporation that allows the Company’s board of directors, in its sole discretion and without another stockholder vote, to elect to extend the termination date by one additional month...

The Herzfeld Caribbean Basin Fund, Inc. To Conduct a Tender Offer for up to 10% of Outstanding Common Shares

Written by Customer Service on February 9, 2024. Posted in Public Companies.

MIAMI BEACH, Fla., Feb. 09, 2024 (GLOBE NEWSWIRE) — Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced its intention to commence a Tender Offer by The Herzfeld Caribbean Basin Fund, Inc. (Nasdaq: CUBA) (the “Fund”) on February 20, 2024, in accordance with the Fund’s ongoing plan to address the Fund’s trading price discount to its net asset value (“NAV”) per share that was previously announced on May 31, 2019, and subsequently extended and modified by the Fund’s Board of Directors in November 2023 (the “Plan”). Under the modified Self-Tender Policy component of the Plan, the Fund has undertaken to commence a tender offer in Q1 2024 for up to 10% of the Fund’s outstanding shares at 97.5% of NAV. The formal offer and detailed terms of the tender offer will be announced in the coming days. Tender...

Splash Beverage Group, Inc. Secures Distribution with Sea World Parks & Entertainment – Clarification

Written by Customer Service on February 9, 2024. Posted in Public Companies.

FORT LAUDERDALE, FL, Feb. 09, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, announced on February 2nd that its Pulpoloco Sangria will be offered in all of Sea World Parks & Entertainment’s venues across California, Florida, Pennsylvania, Virginia and Texas. In the February 7th release the company announced the arrangement as a “partnership” with Sea World Parks & Entertainment. As a clarification to the release: the Company is not an official corporate partner of Sea World Parks & Entertainment, yet a traditional vendor. Splash considers its retail, venue and on-premise customers partners but this arrangement with Sea World Parks & Entertainment is a distribution arrangement for Pulpoloco...

Artisan Partners Asset Management Inc. Reports January 2024 Assets Under Management

Written by Customer Service on February 9, 2024. Posted in Public Companies.

MILWAUKEE, Feb. 09, 2024 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of January 31, 2024 totaled $150.9 billion. Artisan Funds and Artisan Global Funds accounted for $73.1 billion of total firm AUM, while separate accounts and other AUM1 accounted for $77.8 billion. PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2 As of January 31, 2024 – ($ Millions) Growth Team Global Opportunities $ 21,658 Global Discovery 1,482 U.S. Mid-Cap Growth 12,578 U.S. Small-Cap Growth 3,067 Global Equity Team Global Equity 349 Non-U.S. Growth 13,146 Non-U.S. Small-Mid Growth 7,071 China...

HF Foods Appoints Felix Lin as President of the Company

Written by Customer Service on February 9, 2024. Posted in Public Companies.

LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) — HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants throughout the United States (“HF Foods”, or the “Company”), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as President of the Company, in addition to his current role as the Company’s Chief Operating Officer, effective February 12, 2024. Mr. Lin has served as the Company’s Chief Operating Officer since May 1, 2022. He also previously served as an Independent Board Member for the Company from November 2019 to April 2022. Mr. Lin’s experience includes serving as Vice President and a Senior Strategy Officer for Blue Bird Corporation (the leading school bus manufacturer in North America), overseeing Human Resources, Corporate and Operations Training, Government Relations, Compliance,...

Day: February 9, 2024

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