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Month: March 2024

AGF Investments Announces Closure and Liquidation of AGF Global Infrastructure ETF, AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund

BOSTON, March 21, 2024 (GLOBE NEWSWIRE) — AGF Investments* (TSX:AGF.B) announced today the closure and liquidation of AGF Global Infrastructure ETF (GLIF), AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund (collectively “the Funds”) on or about April 30, 2024 (the “Liquidation Date”). The decision to close and liquidate the Funds was driven by the firm’s continued effort to simplify and streamline its offerings; as well as the small number of Fund investors, relatively low Fund assets and the costs associated with maintaining the Funds. AGF Global Infrastructure ETF (GLIF or the “ETF”) Liquidation The last day of trading on NYSE Arca, Inc. (“NYSE Arca”) for AGF Global Infrastructure ETF is expected to be April 12, 2024. Effective upon the close of business on April 12, 2024, the ETF will no longer accept...

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Evoke Pharma Announces Senior Leadership Transition with Promotion of Matthew J. D’Onofrio to Chief Executive Officer

SOLANA BEACH, Calif., March 21, 2024 (GLOBE NEWSWIRE) — Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical company focused primarily on treatments for gastrointestinal (GI) diseases with an emphasis on GIMOTI® (metoclopramide) nasal spray, announced that Matthew J. D’Onofrio will be succeeding David A. Gonyer as Chief Executive Officer as of March 31, 2024 upon Mr. Gonyer’s departure for personal reasons. Mr. D’Onofrio currently serves as President and Chief Operating Officer. “Working closely with Dave has been an absolute privilege,” said Matt D’Onofrio, incoming Chief Executive Officer of Evoke Pharma. “His relentless leadership resulted in our company developing and launching a highly unique and impactful therapy for patients suffering from diabetic gastroparesis. As CEO, I am driven by the same commitment to our...

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FTAI Aviation Ltd. Announces 2023 PFIC Annual Information Statement

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (“NASDAQ: FTAI”) is considered a Passive Foreign Investment Company (“PFIC”) for the taxable year ended on December 31, 2023. If a U.S. Holder owns a PFIC, the U.S. Holder may be required to file a Form 8621. U.S. Holders should consider making a Qualified Electing Fund (“QEF”) election with respect to FTAI. FTAI will post a 2023 “PFIC Annual Information Statement” to its website at https://ir.ftaiaviation.com/tax-information. This information is necessary for U.S. Holders that wish to make a QEF election. Investors are urged to consult their tax advisors regarding implications of owning a PFIC. About FTAI Aviation Ltd. FTAI owns and maintains commercial jet engines with a focus on CFM56 and V2500 engines. FTAI’s propriety portfolio of products, including The Module...

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Robert McLaughlin to Retire from Axalta Board of Directors

PHILADELPHIA, March 21, 2024 (GLOBE NEWSWIRE) — Axalta Coating Systems Ltd. (NYSE: AXTA), a leading global coatings company, today announced that Robert M. McLaughlin has decided that he will retire from Axalta’s Board of Directors and will not stand for re-election at Axalta’s 2024 Annual General Meeting of Members (the “AGM”). Mr. McLaughlin has been a member of Axalta’s Board since 2014 and currently serves as the Chair of the Audit Committee and a member of the Compensation Committee. Mr. McLaughlin will continue to serve as a member of the Board until the AGM. “It has been a privilege to serve as a member of Axalta’s Board for the past ten years,” said Mr. McLaughlin. “I am proud of the evolution and growth of the company over the past decade. I believe Axalta has a bright future and I look forward to watching...

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Abacus Life Reports Fourth Quarter and Full Year 2023 Results

– Fourth Quarter 2023 Total Revenue Grew 25% Year-over-Year to $23.6 Million – – Increased Originations Capital Deployment by 92% Year-over-Year to $68.3 Million – – Increased Originations Capital Deployment for Full Year 2023 by 46% to $218.9 Million – ORLANDO, Fla., March 21, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, today reported results for the quarter and full year ended December 31, 2023. “We delivered another solid performance in the fourth quarter and throughout 2023, as we continued to leverage our expert team, wealth of data and innovative technology to execute on our multiple strategic growth initiatives,”...

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FRIEDMAN INDUSTRIES, INCORPORATED INCREASES CASH DIVIDEND

Favorable Outlook for Consistent Earnings and Further Growth 209th Consecutive Quarterly Dividend Since 1972LONGVIEW, Texas, March 21, 2024 (GLOBE NEWSWIRE) — The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE-American: FRD) a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on March 20, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. “Our future has never been brighter.  We are increasing Friedman’s dividend based on our favorable outlook for consistent earnings and further growth,” said Mike Taylor, Chairman and Chief Executive Officer.  “Friedman’s strategic transformation gives us room to grow using our industry leading assets and favorable geographic reach.  Our high-quality...

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RCI BANQUE LAUNCHES A DUAL-TRANCHE BOND ISSUE IN EURO: 800 MILLION MATURING IN 2027 AND 700 MILLION MATURING IN 2031.

March 21st, 2024 RCI BANQUE LAUNCHES A DUAL-TRANCHE BOND ISSUE IN EURO: 800 MILLION MATURING IN 2027 AND 700 MILLION MATURING IN 2031. RCI Banque announces a bond issuance in two tranches. The first one, a 3.5 year note for an amount of € 800 million bears a 3.75% fixed rate coupon. The second one, a 7-year tranche for an amount of € 700 million bears a 4.125% fixed rate coupon. Both tranches collected final order books above € 2 bn from over 140 investors. The success of this transaction demonstrates once again investors’ confidence in the financial strength of the company and their willingness to contribute to its growth. ContactsAnalysts and Investors Financial Communication+ 33(0) 1 76 88 81 74contact_investor@rcibanque.comAbout Mobilize Financial Services : As a partner caring for all its customers, Mobilize Financial Services...

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DraftKings and Kindbridge Behavioral Health Expand Program That Provides Treatment Resources for Individuals Experiencing Potential Indications of Problem Gaming

All 25 states where DraftKings operates online gaming now include program benefits for self-excluded players BOSTON and CHATTANOOGA, Tenn., March 21, 2024 (GLOBE NEWSWIRE) — DraftKings Inc. (NASDAQ: DKNG) today announced an expanded relationship with Kindbridge Behavioral Health (“Kindbridge”) to provide access to therapy and treatment for problem gaming in every jurisdiction where DraftKings operates its online sportsbook and iGaming products. DraftKings and Kindbridge, a pioneering mental health service provider dedicated to supporting individuals facing challenges related to problem gaming, originally joined forces in September 2023 to launch a pilot program to deliver personalized support for sports bettors in Colorado. “We appreciate the opportunity to deepen our collaboration with Kindbridge Behavioral Health and strengthen...

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Hamilton Thorne to Announce Q4 and Full Year 2023 Financial Results and Hold Conference Call on March 27, 2024

BEVERLY, Mass. and TORONTO, March 21, 2024 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX: HTL), a leading provider of precision instruments, laboratory equipment, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today announced that it will release its financial results for the three and twelve months ended December 31, 2023 before market open on Wednesday, March 27, 2024. The press release, with accompanying financial information, will be posted on the Company’s website at www.hamiltonthorne.ltd and on www.sedar.com. The Company will follow with a conference call on the same day at 9:00 a.m. EDT to review highlights of the results. All interested parties are welcome to join the conference call by dialing toll free 1-833-366-1126 in North America, or 1-412-317-0703...

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NorthEast Community Bancorp, Inc. Announces Increased Quarterly Cash Dividend

WHITE PLAINS, N.Y., March 21, 2024 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.10 per common share. The dividend will be paid on or about May 6, 2024 to shareholders of record as of the close of business on April 5, 2024.   “We are pleased to increase our quarterly dividend to shareholders,” said Kenneth A. Martinek, Chairman and Chief Executive Officer of the Company. “The payment of dividends continues to represent one part of our long-term commitment to enhancing shareholder value.” About NorthEast Community Bancorp, Inc. NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which conducts business through...

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