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Day: February 29, 2024

Okeanis Eco Tankers Corp. – Key Information relating to 4Q23 capital distribution

ATHENS, Greece, Feb. 29, 2024 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. (the “OET” or the “Company”) (NYSE: ECO / OSE: OET), will pay a dividend on its common shares, which is classified as a return of capital (the “Dividend”). Key information relating to the Dividend to be paid by the Company for the fourth quarter of 2023 can be found below:Dividend amount: USD 0.66 per common share Declared currency: USD. Dividends payable to common shares registered in the Euronext VPS will be distributed in NOK Date of Board resolution: February 28, 2024 Last day including right: March 7, 2024 Ex-date: March 8, 2024 Record date: March 11, 2024 Payment date: March 22, 2024. Due to the implementation of Central Securities Depository Regulation (CSDR) in Norway, the Dividend payable on common shares that are registered in the Euronext VPS...

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Arcutis Announces Pricing of $150 Million Public Offering

WESTLAKE VILLAGE, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) a commercial-stage biopharmaceutical company focused on developing meaningful innovations in immuno-dermatology, today announced the pricing of its underwritten public offering of common stock. Arcutis is selling 15,789,474 shares of common stock in the offering. The shares of common stock are being sold at a public offering price of $9.50 per share. All shares of common stock to be sold in the offering are being offered by Arcutis. In addition, Arcutis has granted the underwriters a 30-day option to purchase up to an additional 2,368,421 shares of its common stock at the public offering price per share, less underwriting discounts and commissions. The gross proceeds to Arcutis from the offering are expected to be approximately...

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CORRECTION – Monster Beverage Reports 2023 Fourth Quarter and Full-Year Financial Results

CORONA, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) — Press release amended to reflect a correction of the gross profit number for the three-months ended December 31, 2023 in the Condensed Consolidated Statements of Income and Other Information. — Record Fourth Quarter Net Sales Rise 14.4 Percent to $1.73 Billion —— Net Sales, Adjusted for Adverse Changes in Foreign Currency of $27.1 Million, Rise 16.1 Percent —— Gross Profit as a Percentage of Net Sales Improves to 54.2 Percent on a Reported Basis and to 54.5 Percent Excluding the Bang Inventory Step-Up —— Fourth Quarter Net Income Increases 21.6 Percent to $367.0 Million —— Fourth Quarter Net Income, Excluding Alcohol Brands Segment Impairment Charges and the Bang Inventory Step-Up, Increases 33.1 Percent to $401.5 Million — Monster...

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Tyson Foods, Inc. Announces Pricing of Senior Notes Offerings

SPRINGDALE, Ark., Feb. 28, 2024 (GLOBE NEWSWIRE) — Tyson Foods, Inc. (the “Company”) (NYSE: TSN) announced today that it has agreed to sell $600 million aggregate principal amount of its 5.400% Senior Notes due 2029 (the “2029 notes”) and $900 million aggregate principal amount of its 5.700% Senior Notes due 2034 (the “2034 notes”) in underwritten public offerings under its effective shelf registration statement. The offerings are expected to close on March 8, 2024, subject to the satisfaction of customary closing conditions. The company intends to use the net proceeds from the offerings for general corporate purposes, which is expected to include the retirement of the outstanding 3.95% Notes due August 2024 (the ‘‘2024 Notes’’). Pending application of the proceeds, the Company intends to use the proceeds to pay down other outstanding...

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Fobi AI To Host Shareholder Update Call To Discuss Q2 2024 Results and Operational Highlights

VANCOUVER, BC, Feb. 28, 2024 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce the Company will hold a Webinar with CEO Rob Anson, and CFO Mark Lotz to review the Company’s interim financial results and highlights from the interim quarter on Friday, March 1, 2024 at 8:00am PST/11:00am EST. Registration for the webinar is here. The Company will answer pre-submitted questions at the conclusion of the prepared remarks. Investors are asked to submit their questions in advance to ir@fobi.ai. This press release is available on the Fobi website. To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience...

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Canadian Spirit Resources Inc. Announces The Second Quarter December 31, 2023 Financial Results

CALGARY, Alberta, Feb. 28, 2024 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its unaudited interim financial statements (the “Financial Statements”) and management discussion and analysis (the “MD&A”), each for the three and six month periods ended December 31, 2023. Second Quarter Financial Results This news release summarizes certain information contained in the Financial Statements and MD&A and should not be considered a substitute for reading these full disclosure documents which are available on the Corporation’s profile on SEDAR+ at www.sedarplus.com. In accordance with the Corporation’s change of year-end from December 31 to June 30 that was approved by the board of directors of the Corporation (the “Board”) on August...

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Fobi AI Announces Completion of Non-Brokered Placement

Not for distribution to United States newswire services or for dissemination in the United States. VANCOUVER, BC, Feb. 28, 2024 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi“), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that, further to its press release dated February 28, 2024, it has completed a non-brokered private placement offering (the “Offering“) of 7,603,569 units of the Company (“Units“) at a price per Unit of $0.07 for aggregate gross proceeds of $532,250.  Rob Anson, Chief Executive Officer of the Company commented “Raising funds in today’s challenging market is no easy feat. I am deeply humbled and grateful for the overwhelming interest and support we have...

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Williams Rowland Acquisition Corp. Announces Liquidation Price

Westport, CT, Feb. 28, 2024 (GLOBE NEWSWIRE) —  Williams Rowland Acquisition Corp. (NYSE American: WRAC) (the “Company”), a publicly-traded special purpose acquisition company, today announced that the liquidation price holders of its public shares will receive in connection with the Company’s previously-announced planned liquidation. Holders of shares of common stock initially sold in the Company’s initial public offering will receive $10.51833316 (the “Liquidation Payment”) for each public share owned as of March 8, 2024. As previously announced, the last day that the Company’s securities will trade on the NYSE American will be February 29, 2024. As of March 8, 2024, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The Company expects that the NYSE American will file...

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Annual Report 2023 delayed due to technical issues converting to iXbrl

Investor news29 February 2024 The North Media Annual Report 2023 was planned for release on 28 February 2024. However, due to technical challenges related to converting to iXbrl, the release of the Annual Report has unfortunately been delayed and is now expected to take place Thursday 29 February 2024. The delay is not related to the Annual Report itself. For further information: Kåre Wigh, CFO, +45 25 65 21 45, kw@northmedia.dkThis document is an unofficial translation of the Danish original. I the event of any inconsistencies, the Danish version shall apply.

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XPENG and the Volkswagen Group Announce Entry into Master Agreement on Strategic Technical Collaboration and Joint Sourcing Program

XPENG and the Volkswagen Group entered into Master Agreement on Platform and Software strategic technical collaboration XPENG and the Volkswagen Group entered into Joint Sourcing Program to jointly reduce the cost of the Platform The joint development of B-class BEVs under Volkswagen brand has achieved a major project development milestoneGUANGZHOU, China, Feb. 29, 2024 (GLOBE NEWSWIRE) — XPeng Inc. (“ XPENG,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company and the Volkswagen Group, one of the world’s leading automobile manufacturers, are pleased to announce today that, further to XPENG’s news releases dated July 26, 2023 and December 6, 2023 in connection with the Volkswagen’s share purchase of 4.99% shareholding in XPENG and the framework agreement on strategic technical collaboration,...

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