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Month: May 2024

MKS Instruments Announces Pricing of Upsized Private Offering of $1.2 Billion of 1.25% Convertible Senior Notes

ANDOVER, Mass., May 13, 2024 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”) today announced the pricing of its offering of $1.2 billion aggregate principal amount of 1.25% convertible senior notes due 2030 (the “notes”). The notes will be offered and sold in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). MKS also granted to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date MKS first issues the notes, up to an additional $200.0 million aggregate principal amount of the notes. The offering is expected to close on May 16, 2024, subject to satisfaction of customary closing conditions. The offering...

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Belite Bio Reports First-Quarter 2024 Financial Results and Provides Corporate Update

Tinlarebant is Belite Bio’s orally administered tablet intended to slow disease progression in patients affected with Stargardt Disease (STGD1) and Geographic Atrophy (GA) in advanced Dry Age-related Macular Degeneration (Dry AMD)Data from a 24-month Phase 2 trial in adolescent STGD1 subjects showed a sustained lower atrophic lesion growth in Tinlarebant-treated subjects compared to ProgStar participants possessing similar baseline characteristics (aged ≤18 years) (p

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High Arctic to Announce 2024 First Quarter Results

CALGARY, Alberta, May 13, 2024 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) intends to release its 2024 first quarter results on Wednesday, May 15, 2024 after markets close and has scheduled a conference call to begin at 11:00 am MT (1:00 pm ET) on Thursday, May 16, 2024. The filing of the 2024 first quarter results follows our announcement of May 11, 2024 for the reorganization to create two publicly traded energy services companies and return of capital to shareholders at an Annual General and Special Meeting of Shareholders on June 17, 2024. The conference call dial in numbers are 1-800-898-3989 or 416-340-2217 and the participant passcode is 6026512#.  Participants joining from outside North America can find International dial-in numbers at: https://www.confsolutions.ca/ILT?oss=7P1R8009525114 An...

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Pacific Health Care Organization, Inc. Reports its First Quarter 2024 Results

Irvine, May 13, 2024 (GLOBE NEWSWIRE) — Pacific Health Care Organization, Inc., (the “Company”) (OTCQB: PFHO) today filed with the Securities and Exchange Commission (the “Commission”) its quarterly report on Form 10-Q announcing financial results for the quarter ended March 31, 2024. Quarterly Results The Company reported total revenue of $1,397,831 for the quarter ended March 31, 2024, compared with total revenue of $1,312,643 for the quarter ended March 31, 2023. The Company reported income from operations of $175,193 for the quarter ended March 31, 2024, compared to income from operations of $82,456 during the quarter ended March 31, 2023. The Company realized net income of $197,403 or $0.02 per share on a basic and fully diluted basis for the first quarter of 2024, compared to net income of $131,109 or $0.01 per share on...

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Dundee Corporation Delivers Success in Its Core Strategy, A Profitable Start to 2024, and Sustained Cost Control

TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months ended March 31, 2024. All currency amounts in this press release are in Canadian dollars, except as otherwise indicated. FIRST QUARTER 2024 RESULTSReported net income from portfolio investments for the first quarter of 2024 of $12.6 million (2023 – loss of $7.5 million). The key driver of performance during the quarter was an $8.4 million market appreciation in the Corporation’s investment in Reunion Gold Corporation (“Reunion”). Subsequent to March 31, 2024, Reunion Gold Corporation and G Mining Ventures Corp. announced they have entered into a definitive agreement to combine the two companies. Reunion shareholders will receive estimated share consideration valued...

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QuoteMedia Announces Financial Results for Q1 2024

PHOENIX, May 13, 2024 (GLOBE NEWSWIRE) — QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the quarter ended March 31, 2024. QuoteMedia provides banks, brokerage firms, private equity firms, financial planners and sophisticated investors with a more economical, higher quality alternative source of stock market data and related research information. We compete with several larger legacy organizations and a modest community of other smaller companies. QuoteMedia provides comprehensive market data services, including streaming data feeds, on-demand request-based data (XML/JSON), web content solutions (financial content for website integration) and applications such as Quotestream Professional desktop and mobile.  Highlights for Q1 2024 include the following:Quarterly...

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Cannabix Technologies Enters into Marketing Agreements  

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — Cannabix Technologies Inc. (CSE: BLO) (the “Company or Cannabix”) reports that it has entered into an arm’s length marketing agreements with the following parties: Effective May 13, 2024, the Company has engaged Financial Buzz Media Networks LLC (“FBMN”) for fees of $10,000 USD for a 30-day term. The Company may elect to renew the engagement at any point during the term. The Services will include, but are not limited to, video news recaps covering latest news releases and press release editorial syndication. Consideration paid to FBMN does not include any securities of the Company (address: 3 Columbus Circle 15th Floor, New York, 877-601-1879). The Company has engaged aktiencheck.de AG (“aktiencheck”) for a fee of 20,000 euros for a 30-day term effective May 2, 2024....

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Rumble Files Second Lawsuit Against Google for Monopolistic and Anticompetitive Practices

LONGBOAT KEY, Fla., May 13, 2024 (GLOBE NEWSWIRE) — Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that it has filed a second lawsuit against Google for multiple violations of the Sherman Antitrust Act. This lawsuit is separate and distinct from Rumble’s first lawsuit against Google, which remains in active discovery. In the new lawsuit, Rumble alleges that the massive technology firm has engaged in a number of anticompetitive and exclusionary practices across its range of digital advertising products known as the “ad tech stack.” Rumble filed the suit late Monday in the U.S. District Court for the Northern District of California, and is seeking injunctive relief and damages in excess of $1 billion. Rumble’s suit alleges that Google has monopolized the ad tech stack by buying companies...

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Rubicon Organic Launches 1964 Supply Co.™ Full Spectrum Extracts (FSE) Vapes

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics”, “Rubicon”, or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, is thrilled to unveil its latest innovation – the 1964 Supply Co.™ Full Spectrum Extracts (FSE) Resin 510 Vapes. The 1964 Supply Co.™ portfolio extension represents a strategic move by Rubicon Organic to tap into the fast-growing Canadian cannabis category, vapes. Our premium vapes are designed with a clear mission: to attract legacy consumers into the legal market by offering superior products that deliver an experience reminiscent of their favorite legacy market offerings. At the heart of the 1964 Supply Co.™ brand are two classic cultivars, Blue Dream...

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Financial Results for the First Quarter of 2024

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the three months ended March 31, 2024. All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from the interim consolidated financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”) applicable to the preparation of interim financial statements, including International Accounting Standard 34 Interim Financial Reporting, except as otherwise noted. Management Commentary “In the first...

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