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Month: February 2024

International Business Attorneys Nelson Ahn and Edward Kim Join Hunton Andrews Kurth as Partners in New York and Atlanta

Nelson Ahn, Partner, Hunton Andrews Kurth LLPNelson Ahn, Partner, Hunton Andrews Kurth LLPEdward Kim, Partner, Hunton Andrews Kurth LLPEdward Kim, Partner, Hunton Andrews Kurth LLPNew York and Atlanta, Feb. 20, 2024 (GLOBE NEWSWIRE) — Hunton Andrews Kurth LLP is pleased to welcome to the firm new partners, Nelson Ahn and Edward Kim, who focus their practices on advising both South Korean and non-Korean businesses on a broad range of domestic and cross-border transactions, operational and regulatory matters. Ahn, who will be based in New York, has more than 30 years of private and public sector experience in South Korea and in the United States. Kim, who will be based in Atlanta, has more than 30 years of experience advising clients in South Korea, the U.S., Europe and China/Hong Kong. They join Hunton Andrews...

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Invesco Ltd: Form 8.3 – LondonMetric Property plc

FORM 8.3 OPENING POSITION DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION     (a) Full name of discloser: Invesco Ltd.  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree LondonMetric Property PLC  (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable...

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Invesco Ltd: Form 8.3 – LXI REIT PLC Opening Position disclosure

FORM 8.3 OPENING POSITION DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION     (a) Full name of discloser: Invesco Ltd.  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree LXI REIT PlC  (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable date prior to...

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two and LatAm Logistic Properties S.A. Announce $15 Million Equity Investment at $10 per share

ZEPHYR COVE, Nev. and SAN JOSÉ, Costa Rica, Feb. 20, 2024 (GLOBE NEWSWIRE) — two (NYSE: TWOA) (“TWOA”) today announced that it has entered into a subscription agreement for a private placement of 1.5 million ordinary shares at a price of $10.00 per share, which is expected to yield gross proceeds of $15 million, to be consummated in connection with the closing of its business combination with LatAm Logistic Properties S.A. (d/b/a LatAm Logistic Properties) (“LLP”). In the business combination, each of LLP and TWOA will merge with newly-formed subsidiaries of Logistic Properties of the Americas, a newly-formed holding company (“Pubco”), and Pubco will be the publicly traded parent company of each of TWOA and LLP following the consummation of the business combination. “As a leading industrial and logistics real estate company in...

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Global Online Video Platforms Market to Surpass USD 30.05 billion by 2030 Driven by Increasing Usage of Smartphones

SkyQuest projects that the global online video platforms market will attain a value of USD 30.05 billion by 2030, with a CAGR of 17.19% during the forecast period (2024-2031). The share of the global online video platforms market is estimated to increase at a positive CAGR between 2024 and 2031. The growing popularity of online video gaming and entertainment is expected to drive the market adoption. Online video platforms are free or paid platforms for publishers and content owners to view, publish and consume online video content on their channels. Moreover, the increasing usage of smartphones, tablets and other devices will create a favorable environment for the growth of the market. Online video platforms allow users to upload their own videos, promote and play live videos. Westford USA, Feb. 20, 2024 (GLOBE NEWSWIRE) — Online...

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United Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2023 and Declares Cash Dividend of $0.075 Per Share

Highlights   Quarterly   Full Year(in million USD except EPS)   Q4 2023 Q4 2022   FY 2023 FY 20221Net Revenues   $11.6  $14.9   $36.1 $22.8Net (Loss) / Income   ($0.7) $36.5   $0.2 $37.5Adjusted Net (Loss) / Income2   ($0.6) $39.8   $2.8 $40.9EBITDA2   $4.4  $38.9   $16.3 $41.8Adjusted EBITDA2   $4.6  $42.3   $18.9 $45.2             (Loss) / Earnings per Share (EPS) Basic   ($0.08) $4.86    $0.02 $7.79(Loss) / Earnings per Share (EPS) Diluted   ($0.08) $3.55   $0.02 $4.92 Adjusted (Loss) / Earnings per share Basic2   ($0.07) $5.36   $0.33 $8.54 Adjusted (Loss) / Earnings per share Diluted2   ($0.07) $3.90   $0.33 $5.39  Other Highlights and Developments:Quarterly cash dividend of $0.075 per share declared for Q4 2023, an 11% annualized dividend yield3 Total cash dividends of $10.7 million, or...

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Subsidiaries in Sweden merge for increased efficiency and clarity towards the market

Press release February 20, 2024Gothenburg, Sweden Subsidiaries in Sweden merge for increased efficiency and clarity towards the market Hexatronic Group AB (publ) merges its two wholly-owned subsidiaries, Hexatronic Cables & Interconnect Systems and Hexatronic Fiberoptic, forming Hexatronic Sweden. The merger aligns with Hexatronic’s strategy to have a strong local fiber-to-the-home company in our selected markets. Through the merger, Hexatronic will offer a complete system offering, including training and support, to the Swedish market. Over the past decade, Hexatronic has contributed to fibre deployment in Sweden through its subsidiaries Hexatronic Cables & Interconnect Systems and Hexatronic Fiberoptic. With the merger, the group takes further steps to enhance clarity in customer relations, strengthen commercial capacity,...

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Global Organ Preservation Market to Surpass USD 410.24 Million by 2030 Driven by Increasing Aging Population

SkyQuest projects that the global organ preservation market will attain a value of USD 410.24 million by 2030, with a CAGR of 6.8% during the forecast period (2024-2030). One of the leading causes of death cases in the ICU is multiorgan failure, usually caused by sepsis. It is estimated that approximately 20% of individuals with sepsis have acute respiratory failure and 26–50% have acute renal impairment (Society of Critical Care Medicine) in the global organ preservation market. Acute renal impairment is common in the elderly due to an age-related decrease in renal blood flow and glomerular filtration rate. Diabetes predisposes people to both of these diseases and multiple organ failures. Older patients are more likely to develop diseases such as tuberculosis and liver disease, which may require organ transplantation. Westford, USA, Feb....

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Right on Brands Announces 11th Store Opening

DALLAS, Feb. 20, 2024 (GLOBE NEWSWIRE) — Right on Brands, Inc. (OTC PINK: RTON), a fully reporting SEC company and a leading developer of a diverse range of hemp-based and THCA products, announced today that it is opening its 11th licensed store at 1102 Ranch Road Suite 218, Forney Texas. Forney, which is in Kaufman County, is the fastest-growing county in the country. The population of the county to the east grew 18% from 2016 to 2021, according to census estimates. The 800-square-mile county is seeing more than 30,000 new homes being built or in early development stages in its six biggest cities. Calculating for 4 people per household, the county is preparing for a population increase of about 120,000 more people in the next 18 months. The company is excited to open the first Endo Dispensary in Kaufman County. We have several...

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Interim Management Report first half year 2023/24

Interim Management Report covering H1 2023/24 The Board of Directors of Rovsing A/S has today approved the Interim Management Report for the first half-year (1 July 2023 – 31 December 2023) of the financial year 2023/24. H1 highlightsIn the first half year of the financial year 2023/24, the revenue amounted to DKK 17,9 million (H1 2022/23: DKK 13,4 million) or an increase of 33,6% (DKK 4,5 million).EBITDA amounted to DKK 1,2 million (H1 2022/23: DKK 0,5 million) or an increase of DKK 0,7 million.The order backlog at 31 December 2023 remains at a high level of DKK 54,5 million (H1 2022/23 DKK 43,9 million), with an order intake in H1 of 2023/24 of DKK 4,9 million (H1 2022/23 DKK 24,9 million). The current order backlog is diverse, ranging across several different missions and customers in both institutional and commercial space. A...

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