Genco Shipping & Trading Issues Statement Regarding George Economou’s Withdrawal of his Nominee

Written by Customer Service on May 16, 2024. Posted in Public Companies.

Sets the Record Straight on Economou’s Campaign Genco Continues Executing on the Comprehensive Value Strategy It Initiated in 2021 Shareholders Should Still Get Their Votes In “FOR” the Re-Election of Genco’s Seven Highly Qualified Director Nominees NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”) the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding George Economou’s withdrawal of the nomination of Robert Pons for election to the Genco Board of Directors. Genco issued the following statement: We are pleased that George Economou has withdrawn from the proxy fight that he started. We note that to the very end, Economou continued to disseminate statements about Genco,...

ThreeD Capital Inc. Issues Early Warning Report in Connection With The Disposition of Securities of infinitii ai inc.

Written by Customer Service on May 16, 2024. Posted in Public Companies.

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of recent transactions (“Dispositions”), ThreeD disposed of ownership and control of an aggregate of 5,159,000 common shares (the “Subject Shares”) of infinitii ai inc. (the “Company” or “infinitii”). As a result of the Dispositions, the percentage ownership held by ThreeD and Sheldon Inwentash (the “Joint Actor”) decreased by 4.1% from the last early warning report filed in connection with the acquisition of infinitii securities, from which ThreeD, along with the Joint actor, reported as 25.9% ownership on a partially diluted basis, assuming the exercise...

Kraken Robotics Inc. Files Final Short Form Prospectus in connection with its Bought Deal Public Offering

Written by Customer Service on May 16, 2024. Posted in Public Companies.

Final Short Form Prospectus Accessible on SEDAR+ Not for distribution to United States newswire services or dissemination in the United States ST. JOHN’S, Newfoundland, May 16, 2024 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company“) (TSX-V: PNG, OTCQB: KRKNF) announces that, further to its news release dated April 25, 2024, it has filed a final short form prospectus dated May 16, 2024 (the “Final Prospectus“) to qualify the distribution of 21,185,300 common shares (the “Common Shares“) from the treasury of the Company, at a price of $0.95 per Common Share for total gross proceeds of $20,126,035 (the “Offering“), which includes the 2,763,300 Common Shares being issued at a price of $0.95 per Common Share pursuant to the exercise in full by the underwriters...

BioSyent Releases Financial Results for Q1 2024

Written by Customer Service on May 16, 2024. Posted in Earnings Releases And Operating Results.

MISSISSAUGA, Ontario, May 16, 2024 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, TSX Venture: RX) released today its financial results for the three months (Q1) ended March 31, 2024. Key highlights include: (CAD) Q1 2024 % Change vs.Q1 2023 Trailing Twelve Months(TTM) March 31, 2024 % Change vs.TTMMarch 31, 2023 Canadian Pharma Sales 7,546,144 18 % 30,689,349 16 % International Pharma Sales – 0 % 1,047,747 789 % Total Company Sales 7,733,636 19 % 32,841,244 20 % EBITDA1 2,204,193 45 % 8,614,037 28 % Net Income After Taxes (NIAT) 1,768,727 50 % 7,053,608 40 % Fully Diluted EPS 0.15 50 % 0.59 44 % Return on Equity for TTM March 31, 2024 was 21% as compared to 15% for TTM March 31, 2023 During Q1 2024, repurchased for cancellation a total of 156,200 common shares under a Normal Course Issuer...

Swiss Water Reports Voting Results From Annual General Meeting

Written by Customer Service on May 16, 2024. Posted in Public Companies.

DELTA, British Columbia, May 16, 2024 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX– SWP) (“Swiss Water” or “the Company”) is pleased to announce the following voting results of the Company’s Annual General Meeting of Shareholders, which was held on Thursday, May 16, 2024. Election of Directors The Director nominees listed in the Management Information Circular for its Annual General Meeting of Shareholders were elected as Directors of Swiss Water. Voting results for individual Directors elected were as follows: Votes For Votes Against Nominee Number Percentage Number Percentage Frank A. Dennis 2,608,310 99.48% 13,692 0.52% Roland W. Veit 2,604,587 99.34% 17,415 0.66% Robert B. Johnston 2,601,550 99.22% 20,452 0.78% Donald J. Tringali 2,603,050 99.28% 18,952 0.72% Nancy L. McKenzie 2,604,447 99.33% 17,555 0.67% Alan...

iLearningEngines Reports First Quarter 2024 Results

Written by Customer Service on May 16, 2024. Posted in Earnings Releases And Operating Results.

First quarter revenue grew 33% year-over-year to $125 million Net loss driven entirely by one-time items; Company delivers increased non-GAAP profitability year-over-year excluding one-time items BETHESDA, Md., May 16, 2024 (GLOBE NEWSWIRE) — iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines”, “ILE”, or “the Company”), a leader in AI-powered learning automation and information intelligence for corporate and educational use, today announced financial results for the first quarter ended March 31, 2024. “The first quarter was a strong start to 2024,” said Harish Chidambaran, Chief Executive Officer of iLearningEngines. “We achieved 33% revenue growth year-over-year and grew annual recurring revenue1 by 34% year-over-year to $479 million. With our business combination with Arrowroot Acquisition Corp. and related financing now...

BioSyent Declares Second Quarter 2024 Dividend

Written by Customer Service on May 16, 2024. Posted in Public Companies.

MISSISSAUGA, Ontario, May 16, 2024 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, “the Company”, TSX Venture: RX) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.045 per common share, payable in Canadian Dollars on June 15, 2024, to shareholders of record at the close of business on May 31, 2024. This second quarter 2024 dividend compares with the first quarter 2024 dividend of $0.045 per common share. This dividend qualifies as an ‘eligible dividend’ for Canadian income tax purposes. The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. About BioSyent Inc. Listed on the TSX Venture Exchange under the trading symbol “RX”, BioSyent is a profitable growth-oriented specialty pharmaceutical company focused on in-licensing...

Intchains Group Limited Reports First Quarter 2024 Unaudited Financial Results

Written by Customer Service on May 16, 2024. Posted in Public Companies.

SHANGHAI, China, May 17, 2024 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chip-based solutions products and a corporate holder of cryptocurrencies based on Ethereum, or ETH, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Operating and Financial Highlights Sales volume of ASIC chips remained steady at 494,235 units for the first quarter of 2024, compared to 497,854 units for the same period of 2023. ASIC chip sales for the first quarter of 2024 consisted of 410,162 units sold directly to customers and 84,073 units embedded in computing equipment for blockchain applications that we began offering to customers in the fourth quarter of 2023. Revenue...

Precision Drilling Corporation Announces Voting Results from the 2024 Annual and Special Meeting of Shareholders

Written by Customer Service on May 16, 2024. Posted in Public Companies.

CALGARY, Alberta, May 16, 2024 (GLOBE NEWSWIRE) — Precision Drilling Corporation (Precision or the Company) is pleased to announce the results of the election of board members at its 2024 Annual and Special Meeting of Shareholders held on May 16, 2024 (the Annual Meeting). Shareholders approved the election of all eight (seven of whom are independent) of the nominee directors presented in the Company’s Management Information Circular (the Circular), dated April 3, 2024. The shares represented at the Annual Meeting voting in favour of individual nominee directors are as follows: Nominee # Votes For % Votes For # Votes Withheld % Votes Withheld William T. Donovan 7,926,016 98.58 114,578 1.42 Steven W. Krablin 7,360,243 91.54 680,351 8.46 Lori A. Lancaster 7,924,950 98.56 115,644 1.44 Susan M. MacKenzie 7,901,897 98.28 138,697 1.72 Kevin...

MarketWise – Quarterly Report and Shareholder Letter

Written by Customer Service on May 16, 2024. Posted in Public Companies.

BALTIMORE, May 16, 2024 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its quarterly report on Form 10-Q for the quarter ended March 31, 2024, and the CEO Letter to Shareholders was filed with the SEC on May 15, 2024 and is available on EDGAR. The quarterly report on Form 10-Q and the CEO Letter to Shareholders will be available on the Company’s website: https://investors.marketwise.com/sec-filings and MarketWise 1Q 2024 CEO Letter to Shareholders, respectively. About MarketWiseFounded with a mission to level the playing field for self-directed investors, today MarketWise is a leading multi-brand subscription...

Day: May 16, 2024

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