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Day: May 17, 2024

Rego Payment Architectures, Inc. Announces Completion of Its $25 Million Series B Preferred Stock Financing

Rego Payment Architectures, Inc. completes its Series B Preferred Stock private placement, increasing the total capital raised to over $100 million. BLUE BELL, Pa., May 17, 2024 (GLOBE NEWSWIRE) — Rego Payment Architectures, Inc. (“REGO”) (OTCQB: RPMT), today announced that it has raised an additional $3.5 million through the private placement of 38,889 shares of the company’s Series B Preferred Stock, which completes its $25 million Series B Preferred Stock offering. Peter S. Pelullo, Chief Executive Officer at REGO, said, “The completion of our Series B Preferred Stock offering brings the total capital raised by REGO north of $100 million. This most-recent investment, combined with our $20 million line of credit availability, provides the financial pathway for execution of our 2024 corporate and strategic goals.” For more information...

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H World Group Limited Reports First Quarter of 2024 Unaudited Financial Results

A total of 9,817 hotels or 955,657 hotel rooms in operation as of March 31, 2024. Hotel turnover1 increased 21.1% year-over-year to RMB19.7 billion in the first quarter of 2024. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover increased 21.6% year-over-year in the first quarter of 2024. Hotel turnover from the Legacy-DH segment increased 15.5% in the first quarter of 2024. Revenue increased 17.8% year-over-year to RMB5.3 billion (US$731 million)2 in the first quarter of 2024, surpassing the revenue guidance previously announced of a 12% to 16% increase compared to the first quarter of 2023. Revenue from the Legacy-Huazhu segment in the first quarter of 2024 was RMB4.2 billion, which increased 18.1% year-over-year, exceeding the revenue guidance previously announced of an 11% to 15% increase....

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Elis: Disclosure of the number of shares forming the capital and of the total number of voting rights as of 30 04 2024

DECLARATION DU NOMBRE D’ACTIONS COMPOSANT LE CAPITALET DU NOMBRE TOTAL DE DROITS DE VOTE AU 30 AVRIL 2024 Article L. 233-8-II du Code de CommerceArticle 223-16 du Règlement général de l’AMFNombre d’actions composant le capital social 235 567 817Nombre de droits de vote théoriques 266 850 821Nombre de droits de vote exerçables 266 774 716Cette déclaration est en ligne sur le site internet d’Elis www.elis.com DISCLOSURE OF THE NUMBER OF SHARES FORMING THE CAPITALAND OF THE TOTAL NUMBER OF VOTING RIGHTS AS OF 30 APRIL 2024Total number of shares 235,567,817Theoretical number of voting rights 266,850,821Number of exercisable voting rights 266,774,716This disclosure is on Elis web site www.elis.com          Contacts Nicolas Buron, Director of Investor Relations, Financing & TreasuryPhone: +33 1 75 49 98 30 –...

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First quarter 2024 results: SCOR starts 2024 with a strong first three-months net income of EUR 196 million

Press release17 May 2024 – N° 07 First quarter 2024 results                 SCOR starts 2024 with a strong first three-months net income of EUR 196 million   Group net income of EUR 196 million in Q1 2024 (EUR 176 million adjusted1) Group Economic Value2 under IFRS 17 of EUR 9.6 billion as of 31 March 2024, up +4.8%3 (+4.1% at constant economics3,4) compared with 31 December 2023, implying an Economic Value per share of EUR 54 (vs. EUR 51 as of 31 December 2023)Estimated Group solvency ratio of 215%5 as of 31 March 2024Annualized Return on Equity of 17.3% (15.5% adjusted1) in Q1 2024Insurance revenue of EUR 4,113 million in Q1 2024 (+6.0%6 compared to Q1 2023)P&C combined ratio of 87.1% in Q1 2024 (+1.9pts compared to Q1 2023) L&H insurance service result7 of EUR 72 million in Q1 2024 (EUR -200 million compared...

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Total number of voting rights and shares composing the share capital

Regulated InformationMay 17, 2024, 8:00 am(in accordance with the law and Grand-ducal regulation of 11 January 2008 on transparency requirements for issuers) Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached(including the issuer reference number allocated by the CSSF): SOLUTIONS 30 SE – identifiant E608 Identity of the notifier (if another person makes the notification on behalf of the issuer)– Total number of shares composing the share capital of the notifying issuer 107,127,984 Total number of voting rights attached to the shares composing the share capital of the notifying issuer, including the suspended voting rights107,127,984 Origin of the changeN.A. Date when the change occurredN.A. SOLUTIONS 30 SE21, Rue du Puits Romain L-8070 Bertrange, Grand Duchy of LuxembourgR.C.S....

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Richemont announces changes to the Board of Directors and Senior Management

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 17 MAY 2024 RICHEMONT ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT The Board of Compagnie Financière Richemont SA (Richemont) appoints Nicolas Bos, currently Chief Executive of Van Cleef & Arpels, to the re-established role of Chief Executive Officer of Richemont effective 1 June 2024, and Bram Schot as Non-executive Deputy Chairman of the Board effective 11 September 2024. Nicolas Bos will continue to report to Johann Rupert, Chairman of Richemont, and will join the Senior Executive Committee on 1 June 2024. He will be proposed for election to the Board at the Annual General Meeting to be held on 11 September 2024. In his new role, Mr Bos will directly and indirectly oversee all the Maisons, functions and regions, notably the Jewellery Maisons, Finance and Human Resources. A...

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Velan Inc. Reports Its Fiscal 2024 Fourth Quarter and Year-End Results

Strong new order inflow and higher backlog¹ entering fiscal 2025 MONTREAL, May 16, 2024 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fourth quarter and fiscal year ended February 29, 2024. All amounts are expressed in U.S. dollars unless indicated otherwise. FOURTH QUARTER HIGHLIGHTS:Bookings1 of $132.8 million, up sharply from $87.1 million last year and $78.3 million in the third quarter. Book-to-bill1 ratio of 1.13, versus 0.76 for the same period a year ago and 0.97 in the third quarter. Sales of $117.9 million, up from $115.1 million last year and up from $80.9 million in the third quarter. Gross profit of $38.4 million, or 32.6% of sales, compared to $39.9 million, or 30.4% of sales, last year. Net loss2...

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RF Acquisition Corp II Announces Pricing of $100 Million Initial Public Offering

GRAND CAYMAN, Cayman Islands, May 16, 2024 (GLOBE NEWSWIRE) — RF Acquisition Corp II (the “Company”) today announced the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “RFAIU” beginning on May 17, 2024. Each unit consists of one ordinary share, par value $0.0001 per share, of the Company (“ordinary share”), and one right to receive one-twentieth of one ordinary share. After the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “RFAI” and “RFAIR,” respectively. The offering is expected to close on May 21, 2024, subject to customary closing conditions. RF Acquisition Corp II is a blank check company whose...

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EVERCEL Announces Clarification of its February 20, 2024 Press Release

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) — Evercel, Inc. [OTC EXPERT MARKET: EVRC] Evercel, Inc. wishes to clarify its prior press release of February 20, 2024 regarding its Plan of Liquidation and Dissolution. Evercel’s decision to place Evercel’s assets into a liquidating trust has no impact on ZAGG or its operations. Evercel is a passive and minority investor in ZAGG. ZAGG is solely managed by CoronaPark, and has been since CoronaPark took ZAGG private in 2021. The decision of Evercel to place its assets in a liquidating trust, including its minority interest in ZAGG, is solely an action that is consistent with Evercel’s previously disclosed intentions to return any cash it receives from its legacy investments to Evercel shareholders. This action has nothing to do with ZAGG or its business. Cautionary Statement Regarding...

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Erasca Announces Pricing of Underwritten Offering of Common Stock

SAN DIEGO, May 16, 2024 (GLOBE NEWSWIRE) — Erasca, Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company singularly focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers, today announced the pricing of an underwritten offering of 86,486,486 shares of its common stock at a price of $1.85 per share. All of the shares to be sold in the offering are to be sold by Erasca. The gross proceeds to Erasca from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $160 million. In addition, Erasca has granted the underwriters a 30-day option to purchase up to an additional 12,972,972 shares of common stock at the offering price. The offering is expected to close on May 21, 2024, subject...

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