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Day: May 2, 2024

Trisura Group Reports First Quarter 2024 Results

TORONTO, May 02, 2024 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, today announced financial results for the first quarter of 2024. David Clare, President and CEO of Trisura, stated, “Trisura demonstrated strong performance in the quarter with Operating net income of $33.2 million, or $0.68 per share, driven by continued growth, profitable underwriting and higher investment income. Continued expansion of market share and distribution partners drove insurance revenue growth of 16.5%. In Canada, disciplined underwriting resulted in a Combined ratio of 81.8%, while in US Fronting continued growth and an improved loss ratio resulted in a strong insurance service result and improved fronting operational ratio. Net investment income grew 66.3% in the quarter,...

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Ibotta To Announce First Quarter 2024 Financial Results on May 30, 2024

DENVER, May 02, 2024 (GLOBE NEWSWIRE) — Ibotta (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today that it will report first quarter 2024 financial results after the market close on Thursday, May 30, 2024. Management will host a conference call and webcast to discuss Ibotta’s financial results, recent developments and business outlook at 2:30 p.m. MT/4:30 p.m. ET following the release of the financial results. What:  Ibotta First Quarter 2024 Financial Results Conference Call When:   Thursday, May 30, 2024 Time:  2:30 p.m. MT/4:30 p.m. ET Live Call: US/Canada: 877-405-1211; International: +1 215-268-9896 Webcast:   ir.ibotta.com   About Ibotta (“I bought a…”)Ibotta (NYSE: IBTA) is a leading performance marketing platform allowing...

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Okeanis Eco Tankers Corp. – Announcement of 2024 Annual Meeting of Shareholders

ATHENS, Greece, May 02, 2024 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has scheduled its Annual Meeting of Shareholders for May 31, 2024, at 11:00 a.m. Greek time (the “Annual Meeting”). The record date for determining shareholders entitled to participate at the Annual Meeting is April 26, 2024. The business of the Annual Meeting is to elect seven directors to serve until the 2025 Annual Meeting of Shareholders and to ratify the appointment of Deloitte Certified Public Accountants S.A. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. Annual Meeting documentation and instructions for voting are expected to be mailed to all shareholders of record on or about May 2, 2024, and will be furnished to the...

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Japan Smaller Capitalization Fund, Inc. Announces Change to Deputy Portfolio Manager

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) — Nomura Asset Management U.S.A. Inc. (“NAM-USA”), the manager of Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announces that Hiroaki Tanaka of Nomura Asset Management Co., Ltd. (“NAM-Tokyo”) has replaced Makoto Ito of NAM-Tokyo as the Fund’s deputy portfolio manager effective April 30, 2024. Atsushi Katayama of NAM-Tokyo will continue to serve as the lead portfolio manager for the Fund and Mr. Ito will continue on the portfolio management team for the Fund. Mr. Tanaka has been a portfolio manager at NAM-Tokyo since 2008 and is a member of NAM-Tokyo’s Japanese Small Cap. Stock Selection Committee. He has over 21 years of investment management experience in Japanese small cap and growth equities investing and such experience is expected to enhance the overall portfolio...

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Cyclacel Pharmaceuticals Announces Closing of $8.0 Million Private Placement Priced At-The-Market Under NASDAQ Rules

BERKELEY HEIGHTS, N.J., May 02, 2024 (GLOBE NEWSWIRE) — Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC, NASDAQ: CYCCP; “Cyclacel” or the “Company”), a biopharmaceutical company developing innovative medicines based on cancer cell biology, today announced that it has closed its previously announced private placement for the purchase and sale of 4,968,945 shares of common stock (or pre-funded warrants in lieu thereof), series A warrants to purchase up to 4,968,945 shares of common stock and short-term series B warrants to purchase up to 4,968,945 shares of common stock at a purchase price of $1.61 per share of common stock (or per pre-funded warrant in lieu thereof) and accompanying warrants priced at-the-market under Nasdaq rules. The series A warrants and short-term series B warrants have an exercise price...

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Cellectis Appoints Arthur Stril as Interim Chief Financial Officer

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) — Cellectis (the “Company”) (Euronext Growth: ALCLS – NASDAQ: CLLS), a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies, announced today the resignation of Mr. Bing Wang from his position of the Company with immediate effect, and the concomitant appointment of Mr. Arthur Stril as interim Chief Financial Officer, replacing Mr. Bing Wang. Mr. Stril joined Cellectis in 2018 as Vice President, Corporate Development, and was appointed Chief Business Officer in 2020. He has been managing Cellectis’ business development and portfolio management teams and most recently led the execution of the Company’s strategic collaboration and investment agreements with AstraZeneca. As interim Chief Financial Officer, Mr. Stril will...

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Host Hotels & Resorts Provides Updated First Quarter 2024 Investor Presentation

BETHESDA, Md., May 02, 2024 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today provided an updated investor presentation for first quarter 2024 results. The investor presentation can be found on the Investor Relations section on the Company’s website at https://www.hosthotels.com/#key-investors-materials. ABOUT HOST HOTELS & RESORTS Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 74 properties in the United States and five properties internationally totaling approximately 42,700 rooms. The Company also holds non-controlling interests in seven domestic and one international...

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UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024

FREEHOLD, NJ, May 02, 2024 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended March 31, 2024 of $57.7 million as compared to $52.6 million for the quarter ended March 31, 2023, representing an increase of 10%. Net Loss Attributable to Common Shareholders amounted to $6.3 million or $0.09 per diluted share for the quarter ended March 31, 2024 as compared to a Net Loss of $5.3 million or $0.09 per diluted share for the quarter ended March 31, 2023. Funds from Operations Attributable to Common Shareholders (“FFO”), was $14.0 million or $0.20 per diluted share for the quarter ended March 31, 2024 as compared to $10.6 million or $0.18 per diluted share for the quarter ended March 31, 2023, representing an 11% per diluted share increase. Normalized Funds from Operations Attributable...

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NFI announces first quarter 2024 results

All figures quoted in U.S. dollars unless otherwise noted: 2024 Q1 revenue of $723 million; 1,127 equivalent units (“EUs”) delivered, up 42% from 2023 Q1, with 201 of EUs delivered being battery- and fuel cell-electric buses (“ZEBs”). Ending total backlog2 position (both firm and options) reached a record high of 14,783 EUs (valued at $11.7 billion), with 365 EUs in bid award pending; ZEBs represent 39% of total backlog2. 2024 Q1 Net loss of $9 million; Net loss per Share of $0.08, and Adjusted Net Loss per Share2 of $0.13. 2024 Q1 Adjusted EBITDA2 of $34 million. Ending Total Liquidity2 position of $166 million. Aftermarket segment delivers record quarterly performance with $160 million of revenue, and $38 million of Adjusted EBITDA2. Reiterate financial guidance for Fiscal 2024 as announced on January 17, 2024,...

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Greenlight Capital Re, Ltd. Schedules First Quarter 2024 Financial Results and Conference Call

GRAND CAYMAN, Cayman Islands, May 02, 2024 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the “Company” or “Greenlight Re”), a multiline property and casualty insurer and reinsurer, today announced that it expects to release financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 8, 2024.  A live conference call to discuss the financial results will be held on Thursday, May 9, 2024, at 9:00 a.m. Eastern Time. Conference Call Details To participate in the Greenlight Re First Quarter 2024 Earnings Call, please dial in to the conference call at: U.S. toll free     1-877-407-9753 International     1-201-493-6739         The conference call can also be accessed via webcast at: https://event.webcasts.com/starthere.jsp?ei=1662004&tp_key=c528303df8 A...

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