Day: April 15, 2024

Beneficient to Participate in the Planet MicroCap Showcase on May 1-2, 2024

Written by Customer Service on April 15, 2024. Posted in Public Companies.

DALLAS, April 15, 2024 (GLOBE NEWSWIRE) — Beneficient (Nasdaq: BENF) (together with its affiliates, “Ben” or the “Company”), a technology-enabled platform focused on providing liquidity and related trust and custody services to holders of alternative assets through its proprietary online portal, AltAccess, today announced that it will present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 at 2:00 p.m. Pacific Daylight Time. At the showcase, Beneficient executives will present in-depth information about its market opportunity and the business model the Company is employing to serve the unmet custody and liquidity needs of investors in alternative assets. To access the live presentation, please use the following information: Date: Wednesday, May 1, 2024Time: 2:00 p.m. Pacific Daylight TimeWebcast: https://shareholders.trustben.com Management...

Theratechnologies Announces Mailing of Management Proxy Circular in Connection with its Annual Meeting of Shareholders

Written by Customer Service on April 15, 2024. Posted in Public Companies.

MONTREAL, April 15, 2024 (GLOBE NEWSWIRE) — Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that the Company has mailed its 2024 management proxy circular to shareholders in connection with its virtual annual meeting of shareholders to be held on May 9, 2024, at 10:00 a.m. ET. Shareholders are encouraged to vote their shares for the proposals contained in the circular and to attend the annual meeting, which can be accessed through the following link: https://meetnow.global/M7MFS6Y. At the meeting, shareholders will be asked to vote for the following individuals as directors of the Company for the ensuing year:Joseph Arena; Frank Holler; Paul Lévesque; Andrew Molson Dawn...

Dragonfly Energy Reports Fourth Quarter 2023 and Full Year Financial Results

Written by Customer Service on April 15, 2024. Posted in Earnings Releases And Operating Results.

Successful diversification of revenue underway, with launch in Q4 2023 of all-electric auxiliary power units (“APU”) to the trucking industry; Enables compliance with increasing anti-idling regulations, reduction in fuel costs, increased uptime and payloads, and the reduction of harmful emissionsIn Q4 2023, achieved successful deposition of cathode electrodes, and double-sided dry deposition of both anode and cathode electrodes, at scale, using the Company’s patented dry electrode battery manufacturing processContinued expansion of recreational vehicle market share, with OGV Luxury Coach, a division of Forest River Inc., to provide Battle Born lithium batteries as standard equipment on all OGV unitsRENO, Nev., April 15, 2024 (GLOBE NEWSWIRE) — Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq:...

CNB Financial Corporation Reports First Quarter 2024 Results

Written by Customer Service on April 15, 2024. Posted in Earnings Releases And Operating Results.

CLEARFIELD, Pa., April 15, 2024 (GLOBE NEWSWIRE) — CNB Financial Corporation (“Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three months ended March 31, 2024. Executive SummaryNet income available to common shareholders (“earnings”) was $11.5 million, or $0.55 per diluted share, for the three months ended March 31, 2024, compared to earnings of $12.9 million, or $0.62 per diluted share, for the three months ended December 31, 2023. The quarterly decrease was primarily a result of decreases in net interest income and non-interest income, partially offset by decreases in certain personnel costs, technology expenses and adverting expenses, as discussed in more detail below. The decrease in earnings and diluted earnings per share comparing the quarter ended March 31,...

Wintrust Financial Corporation and Macatawa Bank Corporation Announce Plans to Merge

Written by Customer Service on April 15, 2024. Posted in Mergers And Acquisitions.

ROSEMONT, Ill. and HOLLAND, Mich., April 15, 2024 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) and Macatawa Bank Corporation (“Macatawa”) (Nasdaq: MCBC) today jointly announced that they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction. Macatawa is the parent company of Macatawa Bank, a Michigan state-chartered bank, which is headquartered in Holland, Michigan and operates a network of 26 full-service branches located throughout communities in Kent, Ottawa and northern Allegan counties, including Grand Rapids. Founded in 1997, Macatawa has an exemplary history of serving its communities. As of December 31, 2023, it had approximately $2.7 billion in assets, $2.4 billion in deposits and $1.3 billion in loans. Macatawa’s approach to customer...

Nokia Corporation: Repurchase of own shares on 15.04.2024

Written by Customer Service on April 15, 2024. Posted in Public Companies.

Nokia CorporationStock Exchange Release15 April 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 15.04.2024 Espoo, Finland – On 15 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 558,548 3.18CEUX – –BATE – –AQEU – –TQEX – –Total 558,548 3.18* 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...

AMG Critical Materials N.V. Completes Issuance of $100 Million Incremental Term Loan

Written by Customer Service on April 15, 2024. Posted in Public Companies.

Amsterdam, 15 April 2024 — AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) is pleased to announce that it has entered into a new $100 million incremental term loan, structured as a fungible add-on to the existing $350 million senior secured term loan. The $100 million incremental term loan has the same pricing, terms and 2028 maturity as the existing $350 million term loan. AMG will use the proceeds of the new incremental term loan for general corporate purposes and lithium resource development. Moody’s Investors Service affirmed our Ba2 rating to the increased senior secured term loan, affirmed our B1 corporate family rating, and changed their outlook to stable from positive. S&P Global Ratings affirmed our BB- rating on the increased senior secured term loan, affirmed our B+ issuer credit...

Woodbridge International Announces Sale of Becnel Rental Tools, Inc. to Transcat, Inc.

Written by Customer Service on April 15, 2024. Posted in Mergers And Acquisitions.

NEW HAVEN, Conn., April 15, 2024 (GLOBE NEWSWIRE) — Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Becnel Rental Tools, Inc. by Transcat, Inc. Founded in 2012, Becnel is an ISO 9001:2015 certified provider of rental tools and services primarily utilized in the decommissioning and maintenance of oil wells. The company’s management team has vast experience operating and servicing customers in these highly regulated end markets. The existing staff and leadership team, led by current Becnel President Jason Becnel, will remain in place to strategically drive the business and service customers’ needs. Transcat, Inc. is a leading provider of accredited calibration, reliability, maintenance optimization, quality and compliance, validation, Computerized Maintenance...

Malaga Financial Corporation Reports Strong First Quarter Earnings

Written by Customer Service on April 15, 2024. Posted in Earnings Releases And Operating Results.

PALOS VERDES ESTATES, Calif., April 15, 2024 (GLOBE NEWSWIRE) — Malaga Financial Corporation “Company” (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended March 31, 2024 was $6,012,000 ($0.67 basic and fully diluted earnings per share), an increase of $137,000 or 2% from net income of $5,875,000 ($0.65 basic and fully diluted earnings per share, as adjusted for the stock dividend declared on November 9, 2023) for the quarter ended March 31, 2023. For the first quarter of 2024, the Company’s annualized return on average equity was 12.06% and the annualized return on average assets was 1.64%, as compared to 12.70% and 1.57%, respectively, for the same period in 2023. The Company did not have any delinquent loans or foreclosed real estate owned at March 31, 2024. The Company’s...

New Novartis Fabhalta® (iptacopan) data show clinically meaningful and statistically significant proteinuria reduction of 38.3% versus placebo for patients with IgA nephropathy (IgAN)

Written by Customer Service on April 15, 2024. Posted in Public Companies.

APPLAUSE-IgAN is first and only Phase III study to demonstrate significant proteinuria reduction by targeting the complement system in patients with IgAN1IgAN is a heterogeneous, progressive, rare kidney disease and is a major cause of chronic kidney disease worldwide2; complement activation is a key driver of glomerular inflammation in IgAN3,4There is a need for effective, targeted therapies for IgAN2,5; up to 30% of patients with persistent proteinuria (≥1 g/day) may progress to kidney failure within 10 years, requiring maintenance dialysis and/or kidney transplantation6Novartis continues to advance broad renal portfolio in late-stage development, exploring the potential to slow disease progression and extend dialysis-free life Basel, April 15, 2024 – Novartis today presented results from a pre-specified interim analysis of...

Day: April 15, 2024

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