Day: March 26, 2024

GOGL – Notice of Annual General Meeting 2024

Written by Customer Service on March 26, 2024. Posted in Public Companies.

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) advises that the 2024 Annual General Meeting of the Company will be held on April 29, 2024. The record date for voting at the Annual General Meeting is set to April 2, 2024. A copy of the Notice of Annual General Meeting and associated information, including the Company’s Annual Report on Form 20-F, will be distributed and made available on the Company’s website at www.goldenocean.bm prior to the meeting. March 26, 2024 The Board of DirectorsGolden Ocean Group LimitedHamilton, Bermuda This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Western Investment Company Secures Agreement to Increase Ownership in Fortress Insurance to 43% Upon Closing of its Proposed Transaction

Written by Customer Service on March 26, 2024. Posted in Mergers And Acquisitions.

Scott Tannas and Paul Rivett Hosting Webcast on the Proposed Transaction on March 27, 2024 at 9:00 AM Mountain Time, 11:00 AM Eastern Time CALGARY, Alberta, March 26, 2024 (GLOBE NEWSWIRE) — The Western Investment Company of Canada Limited (TSXV: WI) (“Western” or the “Corporation“), today announced that it has secured an agreement to purchase 1 million shares in Fortress Insurance Company (“Fortress”), or 14.22% of the total shares outstanding in Fortress, for CA$2.6 million (the “Share Purchase”). The Share Purchase is conditional on the closing of the previously announced proposed transaction with companies affiliated with Paul Rivett to invest at least $20 million into the Corporation (the “Transaction“). The Share Purchase will increase Western’s ownership in Fortress from 28.45% to 42.67%...

Global Star Acquisition Inc. and K Enter Announce Public Filing of Registration Statement on Form F-4 in Connection with Proposed Business Combination

Written by Customer Service on March 26, 2024. Posted in Mergers And Acquisitions.

~ Transaction Expected to Close in the Second Quarter of 2024 ~ SEOUL, South Korea and NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) — Global Star Acquisition Inc. (NASDAQ: GLST; GLSTU; GLSTW, “Global Star”), a special purpose acquisition company, and K Enter Holdings Inc. (“K Enter”), a holding company with contracts to acquire six diversified entertainment operating companies based in Korea and engaged in the entertainment content and IP creation businesses, today announced the public filing of a registration statement on Form F-4 with the Securities and Exchange Commission (“SEC”). On June 15, 2023, K Enter entered into a definitive business combination agreement with Global Star. This transaction will result in K Enter becoming a public company and will trade on the Nasdaq Stock Exchange (“NASDAQ”). The registration...

Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on March 26, 2024. Posted in Earnings Releases And Operating Results.

Reports Strong 2023 Results with Net Investment Income of $1.43 Per Share, Compared to a Net Investment Loss of $0.43 Per Share for Year Ended 2022; Total Investment Income Increased to $20.2 Million as Compared to $14.9 Million for Year Ended 2022 As Previously Announced, Declared a Distribution of $0.32 Per Share for the First Quarter of 2024, an Increase of 7% Compared to Prior Quarter; Fourth Consecutive Quarterly Distribution Increase Total Distributions Paid During 2023 Amount to $0.96 Per Share NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (“Logan Ridge”, “Logan”, “LRFC”, “Company”, “we”, “us” or “our”) (Nasdaq: LRFC) announced today its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 HighlightsReported Net Investment Income (“NII”) of $0.6...

Progress Announces First Quarter 2024 Financial Results

Written by Customer Service on March 26, 2024. Posted in Earnings Releases And Operating Results.

First Quarter Revenues and Earnings Per Share Ahead of Estimates BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal first quarter ended February 29, 2024. First Quarter 2024 Highlights¹:Revenue of $185 million increased 12% year-over-year on both an actual and a constant currency basis. Non-GAAP revenue of $185 million increased 12% year-over-year on an actual currency basis and 11% on a constant currency basis. Annualized Recurring Revenue (“ARR”) of $571 million remained consistent year-over-year on a constant currency basis. Operating margin was 19% and non-GAAP operating margin was 42%. Diluted earnings per share was $0.51 compared to $0.53 in the same quarter last year, a decrease of 4%. Non-GAAP...

Progress Software Corp. Statement regarding Possible Offer for MariaDB plc

Written by Customer Service on March 26, 2024. Posted in Mergers And Acquisitions.

POSSIBLE OFFER (RULE 2.4 ANNOUNCEMENT) NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS IS AN ANNOUNCEMENT UNDER RULE 2.4 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE “TAKEOVER RULES”) AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES. THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY SUCH OFFER WILL BE MADE. BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) — Progress Software Corp. (”Progress”) (Nasdaq: PRGS), the trusted provider of infrastructure software, confirms that it is considering a possible offer for all the issued and to be issued share capital of MariaDB...

Panbela Provides Business Update and Reports Q4 and FY 2024 Financial Results

Written by Customer Service on March 26, 2024. Posted in Earnings Releases And Operating Results.

MINNEAPOLIS, March 26, 2024 (GLOBE NEWSWIRE) — Panbela Therapeutics, Inc. (NASDAQ:PBLA), a clinical stage company developing disruptive therapeutics for the treatment of patients with urgent unmet medical needs, today provides a business update and reports financial results for the quarter and full year ended December 31, 2023. As previously announced, management is hosting earnings call today at 4:30 p.m. ET. 2023 and early 2024 Highlights: CollaborationsDivestiture of Assets within Eflornithine (DFMO) Pediatric Neuroblastoma Program to US WorldMeds – Panbela to receive up to $9.5 Million Entered into Sponsored Research Agreement with MD Anderson Cancer Center to Evaluate Polyamine Metabolic Inhibitor Therapy in Combination with CAR-T Cell Therapy and bispecific monoclonal antibodies New Research Agreement with Johns Hopkins...

Greif Completes Acquisition of Ipackchem

Written by Customer Service on March 26, 2024. Posted in Mergers And Acquisitions.

DELAWARE, Ohio, March 26, 2024 (GLOBE NEWSWIRE) — Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has completed its previously announced acquisition of Ipackchem Group SAS (“Ipackchem”). “We are thrilled to welcome an exceptional 1,400 Ipackchem colleagues to Greif,” said Ole Rosgaard, President and Chief Executive Officer of Greif. “Adding Ipackchem to the Greif portfolio is another key step forward in executing our Build to Last strategy and helps unlock significant new capabilities and market opportunities to further grow as a world leader in high-performance small plastic containers and jerrycans. Our teams have been planning our integration strategy over the past several months, which we will begin implementing immediately...

ATA Creativity Global Reports 2023 Fourth Quarter and Year-end Financial Results

Written by Customer Service on March 26, 2024. Posted in Earnings Releases And Operating Results.

Conference Call on Tuesday, March 26, 2024, at 9 p.m. ET with Accompanying Investor Presentation BEIJING, China, March 26, 2024 (GLOBE NEWSWIRE) — ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced preliminary unaudited financial results for the quarter and year ended December 31, 2023 (“Fourth Quarter 2023” and “Fiscal Year 2023”, respectively). Fourth Quarter 2023 and Fiscal Year 2023 HighlightsDuring Fourth Quarter 2023, student enrollment was 1,011, an increase of 11.3% from 908 in the prior-year period. Of the 1,011 students, 648 were enrolled in ACG’s portfolio training programs, compared to 574 in the prior-year period. 48,421 portfolio training credit...

Concentrix Reports First Quarter 2024 Results

Written by Customer Service on March 26, 2024. Posted in Earnings Releases And Operating Results.

Revenue at high end of guidance range Well-positioned for Q2 with a strong pipeline Confirming full year business outlook for revenue, profit, cash flow Committed to share repurchases of $100 million over remainder of 2024NEWARK, Calif., March 26, 2024 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a leading global provider of customer experience (CX) solutions and technology, today announced financial results for the fiscal first quarter ended February 29, 2024. Three Months Ended February 29, 2024 February 28, 2023 ChangeRevenue ($M) $ 2,402.7 $ 1,636.4 46.8%Operating income ($M) $ 148.4 $ 156.0 (4.9)%Non-GAAP operating income ($M) (1) $ 319.1 $ 217.6 46.6%Operating margin 6.2 % 9.5 % -330 bpsNon-GAAP operating margin (1) 13.3 % 13.3 % 0 bpsNet...

Day: March 26, 2024

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