Month: May 2024

BATAVIA, Ill., May 20, 2024 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, reported results for continuing operations for the three months ended March 31, 2024. All comparisons are to the same year-ago period unless otherwise noted. Q1 2024 Financial HighlightsRevenue totaled $7.7 million, up 57% sequentially but 25% lower than the year-ago quarter reflecting the company’s strategic transition last year to focus on a greater mix of higher margin recurring revenue, particularly Overwatch managed cybersecurity. Sequential growth also reflects recovery from transitory industry downturn in technology enablement business in Q4 2023. Net loss from continuing operations in the first quarter of 2024 totaled $414,000 or $(0.00) per diluted share. Adjusted...

New York, NY, May 20, 2024 (GLOBE NEWSWIRE) — PowerUp Acquisition Corp. (the “Company”) (Nasdaq: PWUP) announced today that its extraordinary general meeting of shareholders (the “Meeting”), which was originally scheduled for May 17, 2024 and postponed to May 21, 2024, has been further postponed to 2:00 p.m. Eastern Time, on Wednesday, May 22, 2024. At the Meeting, the Company’s shareholders will be asked to vote on a proposal to approve, among other things, extending the date by which the Company must consummate an initial business combination from May 23, 2024 to February 17, 2025. There are no changes to the location, record date, purpose or any of the proposals to be acted upon at the Meeting. As a result of this change, the Meeting will now be held at 2:00 p.m. Eastern Time on Wednesday, May 22, 2024, and the Company has extended...

Dallas, Texas, May 20, 2024 (GLOBE NEWSWIRE) — Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on May 10, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company’s trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to June 13, 2024 (the “Monthly Extension”). The Monthly Extension is the fifth of the twelve monthly extensions permitted under the Company’s Amended and Restated Certificate of Incorporation, as amended to date. Business Combination On January 18, 2023, the Company entered into a definitive Agreement and Plan of Merger and Business Combination...

Information concerning the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the Code de commerce (the French Commercial Code) and article 223-16 of the Règlement général de l’Autorité des Marchés Financiers (Regulation of the French stock market authority) Sanofia French société anonyme with a registered share capital of 2,529,599,938 €Registered office : 46, avenue de la Grande Armée – 75017 Paris – FranceRegistered at the Paris Commercial and Companies Registry under number 395 030 844Date   Total number of issued shares   Number of real voting rights(excluding treasury shares) Theoretical number of voting rights (including treasury shares)*April 30, 2024 1,264,891,524 1,406,875,546 1,423,541,154* Pursuant to article 223-11 of the Règlement général de l’Autorité des Marchés Financiers. This...

JASPER, Ind., May 20, 2024 (GLOBE NEWSWIRE) — German American Bank was named to the Forbes America’s Best Banks list, ranking 19th among 200 eligible banks. In addition, German American Bank earned accolades as a top community bank with a #15 ranking in the Raymond James Community Bankers Cup awards. “As a community bank, we understand the importance of maintaining a position of strength and stability,” states D. Neil Dauby, Chairman and CEO of German American Bank. “We are thrilled to receive top rankings like those from Forbes and Raymond James that demonstrate our continued focus on steady growth and performance.” The 15th annual Forbes America’s Best Banks list considers the 200 largest publicly-traded banks and thrifts by asset size, ranking the top 100 based on 10 metrics measuring growth, credit quality, and profitability...

WEST PALM BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ: AFCG) (“AFC Gamma”) today announced the anticipated composition of the Boards of Directors for each of AFC Gamma and Sunrise Realty Trust, Inc. (“SUNS”) following the spin-off of AFC Gamma’s commercial real estate portfolio, which is currently held in its wholly-owned subsidiary, SUNS (the “Spin-Off”). The Spin-Off is expected to be completed in mid-2024, at which time SUNS will operate as a separate company that intends to elect REIT status and trade on the Nasdaq exchange. Jodi Hanson Bond and Jim Fagan have resigned from the AFC Gamma Board of Directors, effective upon completion of the Spin-Off, and we anticipate that they will then be appointed to the SUNS Board of Directors at such time. Additionally, we anticipate that Alexander Frank will also...

HOUSTON, May 20, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it completed a private placement of $75 million of senior unsecured notes (“Notes”). Net proceeds from the issuance will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the Notes issued:Notes Series Amount ($ in millions) Fixed Rate MaturityWW $35 5.65% May 22, 2031XX $40 5.79% May 22, 2034       The Notes issued in connection with this private placement will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration. Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end...