Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination and Issuances of Promissory Notes

Written by Customer Service on May 22, 2024. Posted in Public Companies.

Wilmington, DE, May 22, 2024 (GLOBE NEWSWIRE) — Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today announced that, in order to extend the date by which the Company must complete its initial business combination from May 21, 2024 to June 21, 2024, an aggregate of $60,000 has been deposited into Company’s trust account (the “Trust Account”). Pursuant to the Company’s Amended and Restated Certificate of Incorporation currently in effect, the Company may extend on monthly basis from March 21, 2024 until December 21, 2024 or such an earlier date as may be determined by its board to complete a business combination by depositing $60,000 for each month into the Trust Account. On May 22, 2024, the Company issued two promissory notes with an aggregate...

Peyto Exploration & Development Corp. Announces Voting Results From Annual Meeting of Shareholders

Written by Customer Service on May 22, 2024. Posted in Public Companies.

CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX – PEY) (“Peyto“) is pleased to announce that the nominees listed in the information circular – proxy statement dated April 4, 2024 were elected as directors of Peyto at Peyto’s annual meeting of shareholders (the “Meeting“) held on May 22, 2024. The detailed results of the votes for the election of directors, the appointment of auditors and the advisory vote on executive compensation held at the Meeting are set out below. Election of Directors On a vote by ballot, each of the following nine nominees proposed by management was elected as a director of Peyto: Nominee Outcome of Vote Votes For Votes Withheld Donald Gray Elected 92,431,084 4,834,863 Michael MacBean Elected 93,275,111 3,990,836 Brian...

Computer Modelling Group Announces Year-End Results

Written by Customer Service on May 22, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) — Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three months and year ended March 31, 2024. As a result of CMG Group’s acquisition of BHV on September 25, 2023, the Company’s operations are now organized into two reportable operating segments represented by CMG; the development and licensing of reservoir simulation software, and BHV; the development and licensing of seismic interpretation software. FOURTH QUARTER 2024 CONSOLIDATED HIGHLIGHTS Select financial highlights Generated total revenue of $32.3 million in the fourth quarter of fiscal 2024, compared to $20.3 million in the prior year’s quarter, reflecting a 15% increase in CMG’s revenue and a 44% contribution from BHV; Operating profit increased to $8.3 million, an increase...

Agora, Inc. Reports First Quarter 2024 Financial Results

Written by Customer Service on May 22, 2024. Posted in Public Companies.

SANTA CLARA, Calif., May 22, 2024 (GLOBE NEWSWIRE) — Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the first quarter ended March 31, 2024. “Despite a challenging operating environment, we continued to focus on enhancing the fundamental performance of our products, for example, launching our new Adaptive Video Optimization technology and improving the stability of our SDKs to highest levels in our history,” said Tony Zhao, founder, chairman and CEO of Agora, Inc. “I firmly believe such improvements will create value for use cases of today and the future. For instance, our earlier prediction that generative AI models will interact with human directly through voice and video is rapidly materializing, which could benefit from our...

Middlesex Water Holds Annual Shareholders Meeting

Written by Customer Service on May 22, 2024. Posted in Public Companies.

ISELIN, N.J., May 22, 2024 (GLOBE NEWSWIRE) — Middlesex Water Company (NASDAQ:MSEX), a provider of water and wastewater and related services held its Annual Meeting of Shareholders exclusively online on May 21, 2024 at which shareholders re-elected Kim C. Hanemann and Ann L. Noble and elected Nadine Leslie (Class I Directors) each to a three-year term and re-elected Dennis W. Doll (Class II Director) to a one-year term. Shareholders also approved a non-binding advisory resolution approving the compensation of the Company’s named executive officers; and ratified the Audit Committee’s selection of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. During the meeting, officers discussed the Company’s financial results, capital investment initiatives, finance...

CMG Announces Appointment of Alex Davern to the Board of Directors

Written by Customer Service on May 22, 2024. Posted in Public Companies.

CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) — Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that Alex Davern has been appointed to the Board of Directors effective May 23, 2024. Mr. Davern joins the Board as an independent non-executive director and will stand for nomination at the next annual meeting of shareholders. Mr. Davern is formerly the Chairman of the Board of Directors of ESI Group and spent more than 25 years in senior executive leadership roles at National Instruments, including serving as the Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer. He currently holds director positions with both Faro Technologies (NASDAQ: FARO), and Cirrus Logic Inc. (NASDAQ: CRUS). He also holds a teaching position at the University of Texas McCombs School of Business. “It...

Northview Residential REIT Announces May Distribution

Written by Customer Service on May 22, 2024. Posted in Dividend Reports And Estimates.

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its May 2024 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of C$0.091146 per Unit (C$1.09 per Unit on an annualized basis). The distribution will be payable on June 17, 2024 to holders of Units of record at May 31, 2024. About Northview Residential REIT The REIT is a publicly traded real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario for the primary purpose of indirectly acquiring, owning and operating a portfolio of income producing rental properties in secondary markets within Canada. To...

Star Bulk Carriers Corp. Reports Net Profit of $74.9 Million for the First Quarter of 2024, and Declares Quarterly Dividend of $0.75 Per Share

Written by Customer Service on May 22, 2024. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, May 22, 2024 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the first quarter of 2024. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to “we,” “us,” “our,” or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights (Expressed in thousands of U.S. dollars, except for daily rates and per share data) First quarter 2024 First quarter 2023 Voyage Revenues $259,390 $224,035 Net income $74,856 $45,875 Adjusted Net income (1) $73,239 $37,077 Net...

Quisitive Reports First Quarter 2024 Financial Results

Written by Customer Service on May 22, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, May 22, 2024 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft Cloud and AI solutions provider, today reported financial results for the first quarter ended March 31, 2024. Management Commentary“In early 2024, our key priority is refocusing the business to solidify our position as a premier Microsoft Cloud and AI solutions partner. Building on the cost management measures we implemented in 2023, we have strengthened our gross profit margins and begun investing to prepare the company to seize the transformative opportunities presented by the era of AI. Through close collaboration with Microsoft, the efforts of our internal AI teams, and initial engagements with customers, we’ve developed a set of AI assessments and accelerators that are...

Firm Capital Apartment REIT Provides Strategic Review Update Including Florida Property Disposition and Early Redemption of Convertible Debenture

Written by Customer Service on May 22, 2024. Posted in Mergers And Acquisitions.

All figures in $USD unless otherwise noted. TORONTO, May 22, 2024 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report the following: $30.5 MILLION DISPOSITION OF FLORIDA PROPERTY The Trust has completed the sale of one of its wholly-owned multi-family assets located in Florida (the “Florida Property”) for $30.5 million. The Florida Property had a sales price in line with its IFRS value. Net of associated mortgage debt and closing costs, the net sale proceeds were approximately $12.0 million. As part of the transaction, the Trust has agreed to provide seller financing for $4 million due in 12 months (with a possible further one time six month extension) that will provide the Trust a possible escalating return on its investment as follows: (i) for...

Day: May 22, 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice