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Day: May 9, 2024

Inter&Co Inc. Reports Record Profit

BELO HORIZONTE, Brazil, May 09, 2024 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the premier financial super app that provides financial and digital commerce services to over 31 million customers, today reported financial results for the first quarter of 2024. Highlights:Record net income of R$195 million. A 37% YoY increase in net revenue. Transactional Volume (TPV) increased to R$257 billion. A 5th consecutive quarter of increased account activations, reaching 54.9%.Inter&Co reported solid results across the board with marked increases in net revenues and profits, and notable improvements in its efficiency ratio and return on equity (ROE). João Vitor Menin, CEO of Inter&Co commented: “I am pleased to announce that the second year of our 60/30/30 north star goal has begun with extraordinary...

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Invesco Ltd: Form 8.3 – BHP Group Ltd Public dealing disclosure

FORM 8.3 PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION     (a) Full name of discloser: Invesco Ltd.  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree BHP Group Ltd  (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable date prior to...

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LPL Financial Welcomes Advisor Chris Kitaeff

SAN DIEGO, May 09, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisor Chris Kitaeff, CPFA, MBA, has joined LPL Financial’s broker-dealer, RIA and custodial platforms. With the move to LPL, Kitaeff joins Maher Wealth Management as a managing director. He reported serving approximately $385 million in advisory, brokerage and retirement plan assets* and joins LPL from Merrill Lynch. Kitaeff is a second-generation advisor who fell in love with wealth management at a young age and followed his father’s footsteps into the industry. He started his career on Wall Street as a hedge fund analyst before joining his father’s practice in 2009. “It’s been amazing getting to spend the last 15 years sharing a wall with my father who is now retiring after a storied career in wealth management,” Kitaeff said. “As someone...

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AIM ImmunoTech to Discuss First Quarter 2024 Financial Results on May 16, 2024, and Host Conference Call and Webcast

OCALA, Fla., May 09, 2024 (GLOBE NEWSWIRE) — AIM ImmunoTech Inc. (NYSE American: AIM) (“AIM” or the “Company”) announced today that management will host a conference call and webcast to discuss the Company’s Q1 2024 operational and financial results on Thursday, May 16, 2024, at 8:30 AM ET. The call will be hosted by members of AIM’s leadership team, Thomas K. Equels, Chief Executive Officer and Christopher McAleer, PhD, Scientific Officer. Interested participants and investors may access the conference call by dialing (877) 407-9219 (domestic) or (201) 689-8852 (international) and referencing the AIM ImmunoTech Conference Call. The webcast will be accessible on the Events page of the Investors section of the Company’s website, aimimmuno.com, and will be archived for 90 days following the live event. About AIM ImmunoTech Inc. AIM...

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AFC Gamma, Inc. Announces Financial Results for First Quarter 2024

First quarter 2024 GAAP net loss of $(0.1) million or $(0.01) per basic weighted average common share and Distributable Earnings(1) of $10.0 million or $0.49 per basic weighted average common share Paid dividend of $0.48 per common share for first quarter 2024 WEST PALM BEACH, Fla., May 09, 2024 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced its results for the first quarter ended March 31, 2024. AFC Gamma reported generally accepted accounting principles (“GAAP”) net loss of $(0.1) million or $(0.01) per basic weighted average common share and Distributable Earnings of $10.0 million or $0.49 per basic weighted average common share for the first quarter of 2024. “We are pleased to have originated a total of $90.4 million of loans in the first quarter of 2024, with $34.0 million in...

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AGS Enters Into Definitive Agreement To Be Acquired By Brightstar Capital Partners for Approximately $1.1 Billion

LAS VEGAS and NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) — PlayAGS, Incorporated (NYSE: AGS) (“AGS” or the “Company”), a global gaming supplier of high-performing slot, table, and interactive products, today announced that it has signed a definitive agreement to be acquired by affiliates of Brightstar Capital Partners (“Brightstar”), a middle market private equity firm focused on investing in industrial, manufacturing, and services businesses.    The Company’s Board of Directors has unanimously approved, and recommended that the Company’s stockholders approve, the agreement. AGS shareholders will receive $12.50 per share in cash. The per share purchase price represents a 41% premium to the Company’s volume-weighted average share price over the last 90 days and a 40% premium to AGS’ closing price on May 8, 2024. AGS is a global...

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Surrozen Presents Data Demonstrating the Promise of Antibody-Based Wnt Mimetics in Treating Cornea Endothelial Dystrophies and Dry Eye Disease at the Associations for Research in Vision and Ophthalmology (ARVO) Annual Meeting

In preclinical models of cornea endothelial dystrophies, a Surrozen antibody-based Wnt mimetic reduced corneal edema and stimulated endothelial cell proliferation in the cornea Surrozen’s antibody based Wnt mimetic also increased detectable tear volume production in dry eye disease modelsSOUTH SAN FRANCISCO, Calif., May 09, 2024 (GLOBE NEWSWIRE) — Surrozen, Inc. (“Surrozen” or the “Company”) (Nasdaq: SRZN), a company pioneering targeted therapeutics that selectively activate the Wnt pathway for tissue repair and regeneration, announced today that preclinical data highlighting the potential for Surrozen’s antibody-based Wnt mimetic technologies to treat cornea endothelial damage and Dry Eye Disease (DED) were presented on May 7, 2024 at the Association for Research in Vision and Ophthalmology (ARVO) Annual Meeting in Seattle. “We...

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Acadia Energy Announces JDA to Develop 200 MW of Microgrids in New York State

AUBURN, N.Y., May 09, 2024 (GLOBE NEWSWIRE) — Acadia Energy Corporation (OTC: AECX) (“Acadia”), a Smart Energy Integration company, announced today that it has completed a Joint Development Agreement (JDA) with Alternus Clean Energy (NASDAQ: ALCE) (“Alternus”) to co-develop 200 Megawatts (MW) of microgrids in upstate New York. The partnership brings together Alternus’ deep expertise in renewable energy development with Acadia’s unique business model and pipeline of projects in the region. Acadia has created an innovative energy deployment model for the creation of microgrids. This new model creates localized, beneficial partnerships, with municipal entities, for the deployment of the microgrids as Sustainability Hubs. The Sustainability Hub acts as an economic development engine for local community’s to attract new businesses by...

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AgriFORCE Delivers Second-Generation RCS Units for Introduction Into Mexican Market

VANCOUVER, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) — AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused AgTech company, completed delivery of its first batch of eight second-generation AgriForce RCS-Hydroxyl devices, known as the “QuadPro,” to be introduced into the Mexican market, as arranged by its Mexico distributor, Distributor Commercializadora DESICO, a leading distributor of Greenhouse heating, and air ventilation systems in Mexico. The QuadPro offers multiple advantages to the previous generation device, including:No-weld construction Increase in airflow by nearly 200% Reduction in noise level by 40%, making the QuadPro equivalent to a common household refrigerator in terms of decibel level Lighter weight with improved center of gravity design to facilitate...

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C-Bond Systems’ Patriot Glass Solutions Dealer Network Grows to 50 Dealers

The Company is currently bidding on projects across the country as the demand for security film and bullet-resistant window film increases SAN ANTONIO, May 09, 2024 (GLOBE NEWSWIRE) — C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a developer and marketer of glass strengthening solutions for enhanced safety, today announced its Patriot Glass Solutions subsidiary dealer network has grown to include 50 dealers around the U.S. and overseas. “The level of bidding activity is higher than ever, both directly within Patriot Glass Solutions and what we are seeing from our dealers,” said Michael Wanke, President of Patriot Glass Solutions. “We currently are bidding projects in New York, New Jersey, Washington, Montana, Michigan, Colorado, California, St. Lucia, Delaware, Arkansas, Hawaii, Ohio, Florida, and of course Texas. There...

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