Day: April 4, 2024

Compass Diversified Declares First Quarter 2024 Distributions on Common and Series A, B and C Preferred Shares

Compass Diversified Declares First Quarter 2024 Distributions on Common and Series A, B and C Preferred Shares

WESTPORT, Conn., April 04, 2024 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended March 31, 2024, is payable on April 25, 2024, to all holders of record of Common Shares as of April 18, 2024. The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, January 30, 2024, up to, but excluding, April 30, 2024. The distribution for such period is payable on...

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ZOOZ Power Ltd. Ordinary Shares and Public Warrants to Trade on Nasdaq on April 5, 2024, as the Business Combination between Keyarch Acquisition Corporation and ZOOZ Power Ltd. Has Been Completed

ZOOZ Power Ltd. Ordinary Shares and Public Warrants to Trade on Nasdaq on April 5, 2024, as the Business Combination between Keyarch Acquisition Corporation and ZOOZ Power Ltd. Has Been Completed

ZOOZ Power Ltd. Ordinary Shares and Public Warrants to Trade on Nasdaq under the Symbols “ZOOZ” and “ZOOZW,” respectively NEW YORK, NY, April 04, 2024 (GLOBE NEWSWIRE) — Keyarch Acquisition Corporation (Nasdaq: KYCH), a Cayman Islands exempted company (“Keyarch”), and ZOOZ Power Ltd. (TASE: ZOOZ), a limited liability company organized under the laws of the State of Israel (“ZOOZ” or the “Company”) and a leading provider of flywheel-based power boosting solutions for the EV charging infrastructure market, today jointly announced the consummation of their previously disclosed business combination (the “Business Combination”). The Business Combination and related proposals were approved by Keyarch shareholders in its shareholders’ meeting held on March 27, 2024 and by ZOOZ shareholders in its shareholders’ meetings held on March 21,...

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Quisitive Announces Completion of the Sale of BankCard USA

Quisitive Announces Completion of the Sale of BankCard USA

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) — Further to its news release dated March 27, 2024, Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft Cloud and AI solutions provider, announces that it has completed the sale of its BankCard USA Merchant Services, Inc. (“BankCard”) business unit to BUSA Acquisition Co. (the “Acquiror”), a Nevada incorporated entity owned by a consortium of current employees of BankCard, including Shawn Skelton, Scott Hardy and Jason Hardy, as well as other arm’s length third parties (the “Transaction”). With the sale of BankCard now complete, Quisitive has successfully exited its payments division, transforming into a unified entity centered around cloud services. As a premier global partner of Microsoft, the Company is poised to deliver transformative...

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Kura Sushi USA Announces Fiscal Second Quarter 2024 Financial Results

Kura Sushi USA Announces Fiscal Second Quarter 2024 Financial Results

IRVINE, Calif., April 04, 2024 (GLOBE NEWSWIRE) — Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal second quarter ended February 29, 2024. Fiscal Second Quarter 2024 Highlights Total sales were $57.3 million, compared to $43.9 million in the second quarter of 2023; Comparable restaurant sales increased 3.0% for the second quarter of 2024 as compared to the second quarter of 2023; Operating loss was $1.7 million, compared to operating loss of $1.0 million in the second quarter of 2023; Net loss was $1.0 million, or $(0.09) per diluted share, compared to net loss of $1.0 million, or $(0.10) per diluted share, in the second quarter of 2023; Restaurant-level operating profit* was $11.2 million, or 19.6% of sales; Adjusted...

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Conifer Holdings Reports 2023 Fourth Quarter and Year End Financial Results; Announces Strategic Shift to Production Based Revenue

Conifer Holdings Reports 2023 Fourth Quarter and Year End Financial Results; Announces Strategic Shift to Production Based Revenue

Company to Host Conference Call at 8:30 AM ET on Friday, April 5, 2024 TROY, Mich., April 04, 2024 (GLOBE NEWSWIRE) — Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced results for the fourth quarter and year ended December 31, 2023. Year End 2023 Financial Highlights (compared to the prior year period) Gross written premium increased 4.2% to $143.8 million Net investment income increased 81.6% to $5.5 million Expense ratio improved 130bps to 37.1% Management Comments Nick Petcoff, CEO of Conifer, commented, “Much of our recorded loss for the 2023 year was realized in the fourth quarter alone, as we further strengthened our reserve position in efforts to put adverse development behind us. The remainder of the loss was largely driven by earlier in the year convective storm losses from the...

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Nokia Corporation: Repurchase of own shares on 04.04.2024

Nokia Corporation: Repurchase of own shares on 04.04.2024

Nokia CorporationStock Exchange Release04 April 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 04.04.2024 Espoo, Finland – On 04 April 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 455,021 3.31 CEUX – – BATE – – AQEU – – TQEX – – Total 455,021 3.31 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

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Bic: Disclosure of total number of voting rights and number of shares forming the capital as of March 31, 2024

Bic: Disclosure of total number of voting rights and number of shares forming the capital as of March 31, 2024

Disclosure of total number of voting rights andnumber of shares forming the capitalas of March 31, 2024 CLICHY – April 04, 2024 Article L 233-8-II of the French “Code de Commerce” and Article 223-16 of the General Regulations of the French “Autorité des Marchés Financiers”. As of March 31, 2024, the total number of issued shares of SOCIÉTÉ BIC is 42,270,689 shares, representing: 62,729,307 voting rights, 62,060,808 voting rights excluding shares without voting rights ABOUT BIC A world leader in stationery, lighters and shavers, BIC brings simplicity and joy to everyday Life. For more than 75 years, the Company has honored the tradition of providing high-quality, affordable, essential products to consumers everywhere. Through this unwavering dedication, BIC has become one of the most recognized brands and is a trademark registered worldwide....

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MARKSMEN ANNOUNCES EXTENSION TO COMPLETE PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT

MARKSMEN ANNOUNCES EXTENSION TO COMPLETE PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT

CALGARY, ALBERTA, April 04, 2024 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (TSXV: MAH) (“Marksmen” or the “Company”) announces that the TSX Venture Exchange has granted an extension to May 8, 2024 to complete its previously announced non-brokered private placement of up to 10,000,000 units (the “Units”) of Marksmen at a price of $0.025 per Unit for aggregate gross proceeds of up to a maximum of $250,000 (the “Offering”). For further details concerning the Offering, please see the Company’s news release dated February 22, 2024. Marksmen intends on completing a first closing of the Offering on or about Thursday, April 11, 2024. For additional information regarding this news release please contact Archie Nesbitt, Director, and CEO of the Company at (403) 265-7270 or e-mail ajnesbitt@marksmenenergy.com. Neither the TSX Venture...

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Glatfelter Corporation to Report Earnings on May 9th

Glatfelter Corporation to Report Earnings on May 9th

CHARLOTTE, N.C., April 04, 2024 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2024 first-quarter results on Thursday, May 9, 2024. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company’s results. Glatfelter’s earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations website at https://www.glatfelter.com/investors/. What:   Q1 2024 Glatfelter Earnings Conference Call       When:   Thursday, May 9, 2024, 11:00 a.m. (ET)       Participant Dial-in Number:    (323) 794-2423     (800) 289-0438       Conference ID:   7358307       Webcast registry:   Q1 2024 Glatfelter Earnings Webcast       OR...

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Gray Promotes Peter Zampa to Senior National Correspondent

Gray Promotes Peter Zampa to Senior National Correspondent

ATLANTA, April 04, 2024 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the promotion of Peter Zampa to Senior National Correspondent for the Gray Television Washington News Bureau.   In his new role, Peter will be based in New York City covering the local impact of national and international stories for Gray affiliates, including Wall Street and the United Nations.   He will also provide unique analysis for Local News Live, Gray’s streaming network that provides live news coverage on more than 500 Gray station websites, connected TV apps, and mobile apps. “Our viewers trust Gray to provide fair and unbiased reporting with a distinctly local perspective,” Gray’s Chief Operating Officer Sandy Breland said.   “Peter will focus not only on the big stories happening in New York City, but how they affect...

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