Day: April 2, 2024

Lifeist Reports Fourth Quarter 2023 Financial Results

Written by Customer Service on April 2, 2024. Posted in Earnings Releases And Operating Results.

Focus on efficiencies and delivering high-quality products drives improvements in gross margins TORONTO, April 01, 2024 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, today reported its financial results for the three and 12 months ended November 30, 2023 (“Q4 2023”) compared to the same period last year (“Q4 2022”). All financial figures are in Canadian dollars unless otherwise indicated. Fourth Quarter HighlightsNet revenue from continued operations of $4.7 million in Q4 2023 compared to $6.2 million in Q4 2022. Gross profit before inventory adjustment of $2.0 million in Q4 2023, representing gross margin of 42%, compared...

Interactive Strength Inc. (Nasdaq: TRNR) Reports Fourth Quarter 2023 Results

Written by Customer Service on April 2, 2024. Posted in Earnings Releases And Operating Results.

Net Loss and Earnings per Diluted Share of $11.4 million and $0.80 Adjusted EBITDA was a $3.5 million loss, a $5.5 million improvement versus fourth quarter of 2022 The Company confirms it expects to be run-rate Adjusted EBITDA positive as early as the fourth quarter of 2024 AUSTIN, TX, April 01, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Interactive Strength Inc. (NASDAQ: TRNR) (the “Company”, or “TRNR”), maker of innovative specialty fitness equipment and provider of virtual personal training services, today announced its financial results for the fourth quarter of 2023. The Company incurred a net loss of $11.4 million for the fourth quarter of 2023, or a loss of $0.80 per diluted share, as compared with a net loss of $18.8 million, or a loss of $27.80 per diluted share for the same period in 2022. Adjusted EBITDA,...

CORRECTION – ACE Venture Enterprises, Inc. Announces Planned Acquisition of Vireo Health of New York from Goodness Growth Holdings

Written by Customer Service on April 2, 2024. Posted in Mergers And Acquisitions.

– Led by Steven Acevedo and Art Isagholian, ACE Venture Enterprises, Inc., a minority-owned business, plans to acquire Vireo Health of New York to accelerate entry into the New York market – – Ace plans to retain Goodness Growth with a collaborative advisory agreement to advance the long-term success of both organizations – – Terms include a purchase price of between $3 to $5 million, an investment of $20 million from Ace for development of the Johnstown cultivation and manufacturing campus, and Ace’s assumption of the IIP lease – NEW YORK and MINNEAPOLIS, April 01, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), please note the contact information has been updated. The corrected release follows: ACE Ventures, LLC (“Ace”), a minority-owned...

Zhibao Technology Inc. Announces Pricing of Initial Public Offering

Written by Customer Service on April 2, 2024. Posted in Public Companies.

Shanghai, April 01, 2024 (GLOBE NEWSWIRE) — Zhibao Technology Inc. (“ZBAO” or the “Company”), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, announced today the pricing of its initial public offering (the “Offering”) of 1,500,000 Class A ordinary shares at a price of $4.00 per share to the public for a total of $6,000,000 of gross proceeds to the Company, before deducting underwriting discounts and offering expenses. The Company has granted a 45-day option to the underwriters to purchase up to 225,000 additional Class A ordinary shares solely to cover over-allotments, if any. All of the Class A ordinary shares are being offered by the Company. The Class A ordinary shares have been approved for listing on The Nasdaq Capital...

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios At March 31, 2024

Written by Customer Service on April 2, 2024. Posted in Public Companies.

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of March 31, 2024. As of March 31, 2024, the Company’s net assets were $1.9 billion, and its net asset value per share was $11.52. As of March 31, 2024, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 661% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 469%. STATEMENT OF ASSETS AND LIABILITIESMARCH 31, 2024 // (UNAUDITED) (in millions)Investments $ 2,658.4 Cash and...

Day: April 2, 2024

Lifeist Reports Fourth Quarter 2023 Financial Results

Interactive Strength Inc. (Nasdaq: TRNR) Reports Fourth Quarter 2023 Results

CORRECTION – ACE Venture Enterprises, Inc. Announces Planned Acquisition of Vireo Health of New York from Goodness Growth Holdings

Zhibao Technology Inc. Announces Pricing of Initial Public Offering

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios At March 31, 2024

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