Day: May 17, 2024

Constellation Brands Announces Updated Time of Presentation at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024

Written by Customer Service on May 17, 2024. Posted in Public Companies.

VICTOR, N.Y., May 17, 2024 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announces an updated time that Bill Newlands, President and Chief Executive Officer, and Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a previously announced fireside chat at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024 in New York, NY. The presentation is scheduled to begin at 4:30 p.m. EDT and is expected to cover the company’s strategic business initiatives, financial metrics, and operating performance, as well as outlook for the future. A live, listen-only webcast of the presentation will be available on the company’s investor relations website at ir.cbrands.com under the News & Events section. When the presentation...

Purpose Investments Inc. Announces May 2024 Distributions

Written by Customer Service on May 17, 2024. Posted in Dividend Reports And Estimates.

TORONTO, May 17, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of May 2024 for its open-end exchange traded funds and closed-end funds (“the Funds”). Commencing in May 2024, as North American capital markets transition to T+1 settlement cycle, the distribution ex-dividend dates have been updated to fall on the same day as the distribution record dates for the ETF series of Open-End Purpose Funds. Further, the timeline for distribution payments for ETF series of Open-End Purpose Funds has been shortened and will be processed four business days after the corresponding distribution record date. The industry-wide transition to T+1 settlement cycle is expected to reduce counterparty risk and increase overall market efficiency. Purpose Emerging Markets Dividend Fund, Purpose...

IntelGenx Initiates Restructuring Proceedings Under the CCAA to Implement a Review of its Strategic Alternatives

Written by Customer Service on May 17, 2024. Posted in Public Companies.

MONTREAL, May 17, 2024 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (the “Company” or “IntelGenx”) (OCTQB: IGXT; TSX: IGX), a leading drug delivery company focused on the development and manufacturing of pharmaceutical films, announced today that the Québec Superior Court (Commercial Division) (the “Court”) has issued an initial order (the “Initial Order”) granting the Company and its subsidiaries protection under the Companies’ Creditors Arrangement Act (R.S.C., 1985, c. C-36) (the “CCAA”). Since its inception, IntelGenx has funded its operations primarily through public and private equity offerings, loans from business partners and research and development support payments generated from collaborations with third parties. The Company is currently facing a short-term liquidity crisis as a result of its inability to secure necessary...

Altus Group Terminates Proposed Acquisition of Situs Group’s Commercial Real Estate Valuation Services Business

Written by Customer Service on May 17, 2024. Posted in Mergers And Acquisitions.

Transaction unlikely to receive regulatory approval in a timely manner; Altus Group maintains focus on organic strategy to enhance consistency and transparency of valuations within the CRE industry TORONTO, May 17, 2024 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group” or the “Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate (“CRE”), announced today that it has delivered a termination notice with respect to its previously announced acquisition of Situs Group LLC’s (“Situs”) commercial real estate valuation and advisory services (“REVS”) business. Despite extensive engagement with the U.S. Federal Trade Commission (“FTC”) over the past six months, Altus Group believes that the transaction was unlikely to receive regulatory approval in a timely manner. In connection with the termination...

Clairvest Partners with ECL Entertainment to Acquire Wyoming Downs

Written by Customer Service on May 17, 2024. Posted in Mergers And Acquisitions.

TORONTO, May 17, 2024 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) (“CVG”) today announced that it, together with Clairvest Equity Partners VI (“CEP VI”, collectively “Clairvest”) and ECL Entertainment, LLC (“ECL”), have acquired Wyoming Downs, a licensed live horse racing and off-track betting (“OTB”) operator in Wyoming (which includes historical horse racing (“HHR”) and simulcast). ECL is a seasoned owner-operator of multiple HHR gaming assets in Kentucky. This represents Clairvest’s second partnership with ECL Entertainment in the HHR space. Wyoming Downs began live racing operations in the 1980s at its owned racetrack in Evanston, Wyoming and began operating OTBs (which include HHR terminals) in 2013. The operations consist of 19 OTB locations with over 1,100 gaming terminals across the state. Wyoming Downs is one of...

DZS Inc. Receives Expected Nasdaq Notice Regarding Late Form 10-Q Filing

Written by Customer Service on May 17, 2024. Posted in Public Companies.

DALLAS, May 17, 2024 (GLOBE NEWSWIRE) — DZS Inc. (“DZS” or the “Company”) (Nasdaq: DZSI), a global leader of broadband networking and software-defined cloud solutions, announced today that on May 14, 2024, as expected, it received a delinquency notification letter from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company did not timely file its Quarterly Report on Form 10-Q for the three months ended March 31, 2024 (the “First Quarter 10-Q”). The notification letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market. As previously reported by the Company in its Notification of Late Filing on Form 12b-25, filed with the Securities...

Nuvini (Nasdaq: NVNI) Announces Nasdaq Notification of Non-Compliance Regarding Delayed Form 20-F Filing

Written by Customer Service on May 17, 2024. Posted in Public Companies.

NEW YORK, May 17, 2024 (GLOBE NEWSWIRE) — Nvni Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), the leading serial acquirer of private SaaS B2B companies in Latin America, announced that it received a notice of non-compliance (the “Notice”) from the Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because the Company did not timely file its annual report for the fiscal year ended December 31, 2023 on Form 20-F (the “Annual Report”) with the Securities and Exchange Commission (the “SEC”). The Notice indicates that, consistent with Nasdaq rules for continued listing, the Company has 60 calendar days from the date of the Notice, or until July 16, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the Company’s...

Primech Holdings Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency

Written by Customer Service on May 17, 2024. Posted in Public Companies.

SINGAPORE, May 17, 2024 (GLOBE NEWSWIRE) — Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, today announces that it received a delinquency notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on May 14, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq’s Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company’s ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing...

ExGen: Phoenix Raises US$80 Million for Construction of the Empire Mine, Idaho

Written by Customer Service on May 17, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 17, 2024 (GLOBE NEWSWIRE) — ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”, the “Company”) is pleased to provide an update in respect of Phoenix Copper Ltd.’s (“Phoenix”) exploration and development activities at the Empire Mine Project in Custer County, Idaho, USA, further to Phoenix’s news release of May 15, 2024. ExGen owns 20% and Phoenix owns 80% of Konnex Resources, Inc. (“Konnex”), which holds the leases and claims to the Empire Mine Project, which includes all of the Navarre Creek claim block. ExGen further owns 1,330,000 common shares of Phoenix. Jason Riley, CEO of ExGen commented: “This is a transformational milestone for the Empire Project and we congratulate the entire Phoenix team...

BriaCell Therapeutics Announces Closing of $5.0 Million Registered Direct Offering

Written by Customer Service on May 17, 2024. Posted in Public Companies.

PHILADELPHIA and VANCOUVER, British Columbia, May 17, 2024 (GLOBE NEWSWIRE) — BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) (“BriaCell” or the “Company”), a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care, today announced it has closed its previously announced registered direct offering with healthcare-focused institutional investors and a certain existing investor and a director of the Company for the purchase and sale of 2,402,935 common shares of the Company (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 2,402,935 common shares of the Company for aggregate gross proceeds of approximately $5.0 million before deducting placement agent fees and other offering expenses (the “Offering”). Each common share (or pre-funded warrant...

Day: May 17, 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice