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Day: May 1, 2024

Abcourt Announces Private Placement Extension and Results of the Special Meeting of Shareholders

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ROUYN-NORANDA, Quebec, May 01, 2024 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) is pleased to extend its previously announced non-brokered private placement of up to 100,000,000 Units at a price of $0.05 per Unit for aggregate gross proceeds of up to $5,000,000 (the “Offering”). Each Unit consists of one common share of the Corporation (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles its holder to purchase one Common Share at a price of $0.06 for a period of 36 months. To date, Abcourt issued a total of 54,683,000 Units for gross proceeds of $2,734,150 under the Offering. Abcourt expects to complete additional tranches of the Offering with a final closing to...

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MDxHealth Reports Q1-2024 Results and Announces Growth Capital from OrbiMed

MDxHealth Reports Q1-2024 Results and Announces Growth Capital from OrbiMed Year-over-year Q1 revenues increase by 35% to $19.8 millionIncreasing 2024 revenue guidance to $83-85 million, previously $79-81 million Conference call with Q&A today at 08:30 AM ET / 14:30 CET IRVINE, CA, and HERSTAL, BELGIUM – May 1, 2024 (GlobeNewswire) – MDxHealth SA (NASDAQ: MDXH) (the “Company” or “mdxhealth”), a commercial-stage precision diagnostics company, today announced its financial results for the first quarter ended March 31, 2024 and the closing of a new debt facility with OrbiMed. Michael K. McGarrity, CEO of mdxhealth, commented: “We are pleased to report operating results that demonstrate successful execution of our growth strategy and support our outlook for delivering sustainable growth in revenues, a consistent...

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Constellation Software’s Modaxo Completes Acquisition of Curbside Management and Public Safety Businesses from Conduent

TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — Constellation Software Inc. (“Constellation”) (TSX: CSU) today announced that its People Transportation Division operating as Modaxo, has completed the acquisition of the Curbside Management and Public Safety Businesses from Conduent Incorporated (Nasdaq: CNDT). The Curbside Management business, now doing business as Trellint, provides parking management systems to the public sector, while the Public Safety business, now doing business as Elovate, provides traffic management solutions such as automated photo enforcement for speed and red-light violations processing to its government clients. About ModaxoModaxo is a global technology organization passionate about moving the world’s people. Working both together and independently, our collective of businesses are committed to delivering software...

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OneWater Marine Inc. Completes the Acquisition of Garden State Yacht Sales

Acquisition strengthens presence in the Mid-Atlantic U.S. BUFORD, Ga., May 01, 2024 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has completed the previously announced acquisition of Garden State Yacht Sales (“Garden State”), which further expands the Company’s presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings. “We would like to thank the Stavola family for the tremendous opportunity to build on Garden State’s strong reputation,” said Austin Singleton, Chief Executive Officer for OneWater. “The acquisition increases our exposure and expands our suite of offerings in the attractive Mid-Atlantic boating market. Leveraging our proven integration playbook, we expect a seamless transition into the OneWater...

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Berry Corporation Reports First Quarter 2024 Financial and Operating Results, Declares Dividend    

DALLAS, May 01, 2024 (GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced first quarter 2024 results and declared a fixed dividend. The details for today’s earnings call and webcast are listed below. Quarterly Highlights & Recent AnnouncementsProduced 25,400 boe/d, above the midpoint of 2024 annual guidance of 25,200 boe/d Declared first quarter fixed dividends of $0.12 per share Acquired all necessary 2024 California Greenhouse Gas allowances at a 7% discount to the projected cost Signed agreement to farm into four horizontal wells immediately offsetting our Uinta Basin, UT acreage; wells expected to be on production by June 2024 Follow-on working interest acquisition of ~100 boe/d in Kern County, CA in process Reported zero recordable incidents, zero lost-time incidents, and no...

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FTI Consulting Appoints Economics and Litigation Expert Bryan Perry as a Senior Managing Director

WASHINGTON, May 01, 2024 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of economics and litigation expert Bryan Perry as a Senior Managing Director in the Center for Healthcare Economics and Policy within the firm’s Economic Consulting segment. Mr. Perry has more than a decade of experience working in antitrust and healthcare markets, specializing in economic analysis for complex commercial litigation matters. In his role at FTI Consulting, Mr. Perry will conduct cutting-edge economic analysis and provide evidence-based analytics for clients to guide them through a variety of cases, including antitrust, commercial disputes and class-action lawsuits. Mr. Perry’s experience includes expert witness work in antitrust cases, product liability and environmental impact matters, contractual disputes...

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Stack Capital Invests $8 Million USD Into Canva

Leading global on-line visual communication and collaboration platform 170+ million monthly active users, across 190 countries, in 100+ languages Free cash flow positive in 2023; annualized revenues of US$2+ billionTORONTO, May 01, 2024 (GLOBE NEWSWIRE) — Stack Capital Group Inc. (TSX:STCK and STCK.WT) (“Stack Capital”) an investment holding company that invests in some of the world’s most innovative and disruptive growth & late-stage private companies, is pleased to announce that it has invested $8 million USD into Canva, Inc. (“Canva” or the “Company”), a leading global online visual communication and collaboration business that empowers its users, from novices all the way up to industry professionals, to design anything and publish anywhere, using its dynamic all-in-one platform. Whether its presentations, videos, website...

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NowVertical Revamps Smartlytics Agreement to Complete Product Group Integration

TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (OTCQB: NOWVF) (“NOW” or the “Company”), is pleased to announce that NOW and Mostafa Hashem, NOW’s EVP Product & Technology have agreed to amend the outstanding earnout obligations governing NOW’s acquisition of Smartlytics Consultancy Limited (“Smartlytics”). In connection with the amendment, the incentives that Mr. Hashem would have received as a former owner of Smartlytics have been adjusted with the objective of rewarding Mr. Hashem for building an integrated product group that encompasses all of NOW’s existing software assets; whereas the former earn-out provisions were based on performance of the Smartlytics business unit only. Mr. Hashem was promoted to the EVP Product & Technology role in early 2024. “With the amendment of the purchase...

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Minerva Neurosciences Reports First Quarter 2024 Financial Results and Business Updates

BURLINGTON, Mass., May 01, 2024 (GLOBE NEWSWIRE) — Minerva Neurosciences, Inc. (Nasdaq: NERV), a clinical-stage biopharmaceutical company focused on the development of therapies to treat central nervous system (CNS) disorders, today reported business updates and financial results for the first quarter of 2024 ending March 31, 2024. Roluperidone NDA Update On February 27, 2024, the Company announced that the U.S. Food and Drug Administration (FDA) issued a Complete Response Letter (CRL) to its New Drug Application (NDA) for roluperidone (f/k/a MIN-101) for the treatment of negative symptoms in patients with schizophrenia. The Company is in discussions with the FDA regarding the issues and clinical deficiencies raised in the CRL. Phase 1b Clinical Trial (MIN-101C18) In the first quarter of 2024, the Company completed a clinical trial...

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Norwegian Cruise Line Holdings Reports Strong First Quarter 2024 Financial Results

Revenue up 20% year-over-year on strong demand Company beat Q1 guidance across key metrics and raises full year guidance based on strong revenue MIAMI, May 01, 2024 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., (“NCLC”), “Norwegian Cruise Line Holdings”, “Norwegian”, “NCLH” or the “Company”) today reported financial results for the first quarter ended March 31, 2024 and provided guidance for the second quarter and full year 2024. First Quarter 2024 Highlights:Generated total revenue of $2.2 billion, a 20% increase compared to the same period in 2023 on 8% capacity growth, with GAAP net income of $17.4 million, or EPS of $0.04. Adjusted EBITDA nearly doubled over the prior year to $464.0 million, above guidance of $450 million. Achieved Adjusted EPS of $0.16, exceeding...

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