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Day: March 20, 2024

Epsilon Energy Ltd. Announces Full Year 2023 Results

HOUSTON, March 20, 2024 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported its financial results for the fourth quarter and full-year ended December 31, 2023.          Epsilon’s highlights for full-year 2023 include:Net revenue interest (NRI) total production of 9.0 Bcfe (24.6 MMcfe per day) for the year ended December 31, 2023.8.3 Bcf net revenue interest (NRI) natural gas production, a decrease of 12% compared to 2022 65.3 MBbls net revenue interest (NRI) oil production, an increase of 103% compared to 2022 38.9 MBbls net revenue interest (NRI) natural gas liquids production, a decrease of 12% compared to 2022Average realized price of $2.34 per Mcfe excluding hedges ($2.70 per Mcfe including hedges) for the year ended December 31, 2023, a decrease of 62% compared to 2022.Average...

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LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Vintage Charge Off CurveVintage Charge Off CurveDpd30+/GMV by Performance WindowsDpd30+/GMV by Performance WindowsFirst Payment Default 30+First Payment Default 30+SHENZHEN, China, March 20, 2024 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023. “Total loan origination for the fourth quarter reached RMB61.2 billion, with the full year figure for 2023 hitting RMB250 billion — aligning with the midpoint of the year’s guidance and representing a 21.9% growth compared to the previous year. The outstanding loan balance climbed to RMB124 billion, marking a 24.5% year-over-year increase,”...

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Grupo Aeroportuario del Pacifico Announces Issuance of Bond Certificates in Mexico for Ps. 3.0 Billion

GUADALAJARA, Mexico, March 20, 2024 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) announced today that it successfully completed the issuance of 30 million long-term bond certificates in Mexico (Certificados Bursátiles) at a nominal value of Ps. 100 each (One hundred pesos 00/100), for a total value of Ps. 3.0 billion. The order book reached an over-subscription of 2.4x over the original issuance amount. The proceeds from this issuance will be allocated to the payment of the bond certificates under the ticker symbol “GAP 19” issued on March 27, 2019, and maturing on March 22, 2024, for an amount of Ps. 3.0 billion. The bond certificates were issued in accordance with the following terms:13,848,683 bond certificates were issued under the ticker symbol “GAP24-L”,...

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Pieridae Releases Q4 and Full Year 2023 Financial & Operating Results and 2023 Reserves

Successful Refinancing, Strong Exit Production & Cash Flow Supported by Robust Hedging Program NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORDISSEMINATION IN UNITED STATES CALGARY, Alberta, March 20, 2024 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its fourth quarter and full year 2023 financial and operating results and year-end reserves. Pieridae generated Net Operating Income (“NOI”)1 of $131 million and produced 32,772 boe/d (86% natural gas) during 2023. The Company posted Q4 NOI of $25 million and production of 33,340 boe/d, following the completion of the Waterton turnaround project in late October, while 2023 exit production was approximately 37,500 boe/d. In addition, the Company filed its Annual Information Form (“AIF”) for...

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IDEX Biometrics: subscription rights exercise – 20 Mar 2024

The board of directors of IDEX Biometrics ASA has resolved to issue in total 365,900 ordinary shares at NOK 0.75 per share to employees who have exercised incentive subscription rights. The incentive subscription rights were issued under the company’s 2019 incentive subscription rights plan, which plan was approved by the annual general meeting on 9 May 2019.  Following the issue, the company’s share capital will be NOK 42,018,983.25 divided into 280,126,555 shares each with a nominal value of NOK 0.15. Following the exercise, there are 18,601,032 incentive subscription rights outstanding.  For further information contact:Marianne Bøe, Head of investor relations E-mail: marianne.boe@idexbiometrics.comTel: + 47 9180 0186 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics,...

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ElectraMeccanica Vehicles Corp. Reports Results of Special Meeting of Shareholders

MESA, Ariz., March 20, 2024 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, today announces the results of the special meeting of shareholders of ElectraMeccanica (the “Shareholders”) held virtually on Wednesday, March 20, 2024 (the “Meeting”), including the adoption of the Arrangement (as defined below) by the Shareholders. ElectraMeccanica put forward the following proposals to be voted on by the Shareholders at the Meeting, all of which were approved: (i) to pass a special resolution approving a statutory arrangement (the “Arrangement”) under Division 5 of Part 9 of the Business Corporations Act (British Columbia), involving, among other things, the acquisition by Xos, Inc. (“Xos”) or its permitted assignee of all of the outstanding common...

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CORRECTION – Preferred Bank Announces Quarterly Cash Dividend

LOS ANGELES, March 20, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline today by Preferred Bank, (NASDAQ: PFBC), please note that in the first paragraph, the dividend payable date should read April 19, 2024, and the record date should read April 5, 2024. The corrected release follows: Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.70 per share, payable on April 19, 2024 to holders of record on April 5, 2024. About Preferred Bank Preferred Bank is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted...

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The International Court of Arbitration awarded UpHealth Holdings more than $110 Million in Damages in Breach of Contract Lawsuit Involving the 2020 Purchase by UpHealth of Glocal Healthcare Systems

DELRAY BEACH, Fla., March 20, 2024 (GLOBE NEWSWIRE) — UpHealth, Inc. (“UpHealth”) (OTC: UPHL), a global digital health company delivering a full continuum of behavioral health solutions through the utilization of evidence-based treatments and services, today provided an update on the arbitration brought by UpHealth Holdings, Inc., a wholly-owned direct subsidiary of UpHealth (“Holdings”), against Glocal Healthcare Systems (“Glocal”) and several of Glocal’s officers and shareholders (together with Glocal, the “Respondents”). On March 18, 2024, the International Court of Arbitration of the International Chamber of Commerce (the “ICA”) transmitted the Final Award to the parties. In the Final Award, the arbitral tribunal (“Tribunal”) found the Respondents liable for breach of contract and directed them to pay Holdings up to $110.2...

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17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

BEIJING, March 21, 2024 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2023. Fourth Quarter 2023 Highlights1Net revenues were RMB47.3 million (US$6.7 million), compared with net revenues of RMB39.6 million in the fourth quarter of 2022. Gross margin was 43.4%, compared with 52.1% in the fourth quarter of 2022. Net loss was RMB98.4 million (US$13.9 million), compared with net loss of RMB103.1 million in the fourth quarter of 2022. Net loss as a percentage of net revenues was negative 207.9% in the fourth quarter of 2023, compared with negative 260.7% in the fourth quarter of 2022. Adjusted net loss2 (non-GAAP), which excluded...

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Global Ship Lease Files its Annual Report for 2023 on Form 20-F

ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the “Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”). In compliance with the New York Stock Exchange rules, a copy of the Form 20-F can be found under the Investor Relations section (Annual Reports) of the Company’s website at http://www.globalshiplease.com. Shareholders may request a hard copy of the audited financial statements free of charge by contacting the Company at info@globalshiplease.com or by writing to Global Ship Lease, Inc., care of GSL Enterprises Ltd., 9 Irodou Attikou Street, Athens, 145 61, Greece or by telephoning The IGB Group at +1-646-673-9701. About Global Ship LeaseGlobal...

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