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Month: May 2024

Valoe Postpones Its Annual General Meeting

Valoe Corporation        Stock Exchange Release        8 May 2024 at 18.20 Finnish time                                                          Valoe Corporation’s (the “Company”) Board of Directors has resolved to postpone the Annual General Meeting of the Company to a date to be announced later due to the restructuring proceedings. A draft of Valoe’s restructuring programme is expected to be completed by 14 June 2024. The Annual General Meeting will be held by the end of June 2024. As previously disclosed, the Annual General Meeting was scheduled to take place on 31 May 2024. The Board of Directors of Valoe will convene the Annual General Meeting at a later date. In Mikkeli, 8 May 2024Valoe Corporation Board of Directors For more information: Iikka SavisaloPresident and CEO, Valoe CorporationTel. +358 40 521 6082, email: iikka.savisalo@valoe.com Distribution:NASDAQ...

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Sidetrade: Leader in Gartner® Magic Quadrant™ for third consecutive year

Sidetrade, the global leader in AI-powered Order-to-Cash applications, today announces that for the third year in a row, it has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Invoice-to-Cash Applications and included in Critical Capabilities for Invoice-to-Cash Applications. According to Gartner (source: Magic Quadrant Research Methodology | Gartner), “Leaders execute well against their current vision and are well positioned for tomorrow.” Sidetrade Chief Product Officer, Rob Harvey said: “Being named as a Leader by Gartner for the past three years is a remarkable recognition for us. At Sidetrade, we take pride in our commitment to innovation, and we believe this recognition reflects our advancements in artificial intelligence and the value we create for our clients. “At a time when AI tends...

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Vishay Intertechnology Space-Grade Planar Transformers Offer Lower Cost, Smaller Size, and Higher Density Than Traditional Planar Devices

Featuring a Unique Winding Structure and Building Technique, Customizable Devices Are Qualified to MIL-STD-981 Class S Standard MALVERN, Pa., May 08, 2024 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of low profile, space-grade planar transformers for power conversion applications. Offering a lower cost, smaller size, and higher density than traditional planar transformers, customizable Vishay Custom Magnetics SGTPL-2516 series devices meet the requirements of MIL-STD-981 class S. Available with through-hole terminations and multiple package sizes, the devices released today will be used in switch mode power supplies and DC/DC and AC/DC converters. Designed for the harshest of environments, the transformers combine their MIL-STD-981 qualification with a rugged package featuring molded...

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Cassava Sciences Announces Over $125 Million Raised from Warrant Distribution

Gross Proceeds from Warrants Represents the Sale of Approximately 5.7 Million Shares Of Common Stock At $22.00 Per Share AUSTIN, Texas, May 08, 2024 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA) (the “Company”), a biotechnology company focused on Alzheimer’s disease, today announced total gross proceeds of over $125 million from cash-exercises of warrants that were previously distributed to its shareholders (the “Warrants”). Gross proceeds from the Warrants represents the issuance of approximately 5.7 million common shares at an effective price of $22.00 per share. B. Dyson Capital Advisors served as exclusive financial advisor on the Warrant distribution. “We are grateful to so many shareholders who continue to show support for Cassava Sciences and its mission to develop a novel drug candidate for Alzheimer’s disease,”...

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First quarter results

Good results despite challenging reservoir position  Landsvirkjun‘s profit from core operations amounted to 77.4 million USD for the first quarter of 2024 and cash flow from operations amounted to 101 million USD. Challenges in the company’s reservoir levels and the resulting curtailment had a slight impact on Landsvirkjun’s performance for the quarter. The company‘s financial position has never been better, with an equity ratio of 65.9% and a leverage ratio of 1.3x EBITDA.  Hörður Arnarson, CEO:  „Landsvirkjun‘s performance for the first quarter remained good, in spite of challenging circumstances. Following two exceptional operational years in the company’s history, the results remain strong.  Profit from core operations amounted to 77.4 million US dollars for the quarter, decreasing by nearly 29% from the same period...

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AMG Announces Final 2023 Dividend

Amsterdam, 8 May 2024 (Regulated Information) — AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) is pleased to announce that during the Annual General Meeting, held on May 8, 2024, AMG’s shareholders approved the payment of a dividend of €0.60 per ordinary share over the financial year 2023. The interim dividend of €0.40, paid on August 9, 2023, was deducted from the amount distributed to shareholders. The final dividend per ordinary share therefore amounts to €0.20. Payment of the final dividend will be completed on or around May 15, 2024, to shareholders of record on May 13, 2024. The ex-dividend date is May 10, 2023. Dutch withholding tax will be deducted from the dividend at a rate of 15%. This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. This...

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First Merchants Corporation Announces Retirement of Board Chair Charles E. Schalliol and Appointment of New Board Chair Jean L. Wojtowicz

MUNCIE, Ind., May 08, 2024 (GLOBE NEWSWIRE) — First Merchants Corporation announced that Jean L. Wojtowicz has been appointed as First Merchants Corporation and First Merchants Bank Chair of the Board of Directors. Effective May 7, 2024, Wojtowicz succeeds Charles E. Schalliol, who retired after serving as Chair for the past seventeen years. Schalliol said, “It has been my pleasure to serve as Chair of the Board of First Merchants for the past 17 years during which time First Merchants has enjoyed unprecedented success. I am confident that Jean will do an excellent job building on that success.” “Leading this esteemed board is a privilege I take seriously,” says Wojtowicz. “The financial landscape is ever-changing. As Chair, I am committed to navigating the challenges and seizing the opportunities to ensure the bank’s long-term...

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Vaisala Corporation: Managers’ Transactions – Rinnevaara, Jukka

Vaisala CorporationManagers’ TransactionsMay 8, 2024, at 5:00 p.m. (EEST) Vaisala Corporation: Managers’ Transactions – Rinnevaara, Jukka ____________________________________________ Person subject to the notification requirementName: Rinnevaara, JukkaPosition: Member of the Board/Deputy memberIssuer: Vaisala OyjLEI: 743700RNDD7KU11HW873 Notification type: INITIAL NOTIFICATIONReference number: 743700RNDD7KU11HW873_20240508145954_47____________________________________________ Transaction date: 2024-05-08Venue: XHELInstrument type: SHAREISIN: FI0009900682Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details(1): Volume: 425 Unit price: 0.00 EUR Aggregated transactions(1): Volume: 425 Volume weighted average price: 0.00 EUR More informationPaula Liimatta+358 9 8949 2020, ir@vaisala.com DistributionNasdaq HelsinkiKey...

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Toll Brothers Announces New Regency Active-Adult 55+ Community Coming Soon to Raleigh, North Carolina

RALEIGH, N.C., May 08, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest active-adult 55+ community, Regency at Auburn Station, is coming soon to Raleigh, North Carolina. Construction of the Sales Center and model homes is in progress, and sales will start in the summer of 2024. Regency at Auburn Station is nestled near Garner in Wake County and within proximity to popular restaurants, shops, and recreation in Raleigh. This active-adult community by Toll Brothers includes single-family homes ranging from 1,442 to 2,465+ square feet within three distinct collections. The community will offer flexible floor plan options with 2 to 4 bedrooms with first-floor primary bedroom suites, and 2 to 3 bathrooms, as well as exclusive resort-style amenities including...

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Jet.AI Announces the Launch of its National Jet Card Program

LAS VEGAS, May 08, 2024 (GLOBE NEWSWIRE) — Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced it has officially launched its national jet card program. The program offers all categories of private jet for service within the continental U.S., guaranteed rates, guaranteed availability, and a 48-hour call out. Program highlights include an optional escrow, and only 44 peak days (below the industry average of 47). “Building on our successful regional jet card program, we’re excited to enter the national market with a new and thoughtfully constructed offering,” said Executive Chairman and Interim CEO Mike Winston. “We’re particularly enthusiastic about the escrow option, which offers peace of mind to jet card buyers through our relationship...

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