Month: May 2024

Snap One Reports Fiscal First Quarter 2024 Results

Written by Customer Service on May 7, 2024. Posted in Public Companies.

CHARLOTTE, N.C., May 07, 2024 (GLOBE NEWSWIRE) — Snap One Holdings Corp. (Nasdaq: SNPO) (“Snap One,” the “Company,” “we,” or “our”), a provider of smart-living products, services, and software to professional integrators, reported financial results for the fiscal first quarter ended March 29, 2024. Recent DevelopmentsOn April 14, 2024, Snap One executed a merger agreement, whereby Resideo Technologies, Inc. (“Resideo”), a leading manufacturer and distributor of technology-driven products and solutions, agreed to acquire Snap One in an all-cash transaction for $10.75 per share (the “Merger”). The transaction is expected to be completed in the second half of 2024 and is subject to customary closing conditions, including receipt of applicable antitrust and other regulatory approvals. Snap One will prepare an information statement...

HKD 2.4 Billion AUM Highlights Strong Market Entry for Newly Launched Spot Crypto ETFs in Hong Kong

Written by Customer Service on May 7, 2024. Posted in Public Companies.

OSL’s key partnerships secure 76% market share in spot BTC/ETH ETF market Hong Kong, HK, May 07, 2024 (GLOBE NEWSWIRE) — The inaugural week of the newly launched ETFs has exceeded all projections, with asset under management (AUM) surpassing HKD2.4 billion as of 6 May, a testament to the strong investor interest and confidence in the market. This milestone highlights the successful fusion of traditional financial systems with cutting-edge digital asset solutions, showcasing the evolution and maturity of Hong Kong’s digital finance landscape.ETP / AUM (HKD in million) Total BTC ETHChinaAMC 1,225.81 1,050.00 175.81Harvest Global 665.91 556.71 109.20Bosera 584.49 472.71 111.78Data as of 6 May (Source: HKEX) OSL Digital Securities, a prominent licensed digital asset platform and a core entity of OSL Group (863.HK),...

Centra Funding Acquires LeaseQ and Its Restaurant and Franchise Team, Launching Centra Culinary Finance

Written by Customer Service on May 7, 2024. Posted in Mergers And Acquisitions.

PLANO, Texas, May 07, 2024 (GLOBE NEWSWIRE) — Centra Funding, LLC (“Centra”), a nationwide independent equipment finance company that is a subsidiary of CV Holdings, Inc., is pleased to announce that it has acquired the LeaseQ Restaurant and Franchise Team, together with its associated LeaseQ equipment finance platform, from TimePayment Corp. (“TimePayment”). Centra will continue to partner with TimePayment to provide instant approvals for microticket restaurant and franchise transactions. This strategic initiative underscores Centra’s commitment to the foodservice industry and its dedication to providing unparalleled financing solutions and support. Under the new Centra Culinary Finance brand, the existing experienced team, headed by Sandra VanBuren and Kim Lorang, will continue to deliver top-notch customer service, foster strong...

Enerflex Ltd. Reports First Quarter 2024 Financial Results and Provides Operational Update

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months ended March 31, 2024. Effective January 1, 2024, the Company changed its presentation currency from Canadian dollars (“CAD”) to United States dollars (“USD”) to provide more relevant reporting of the Company’s financial position. As a result, all amounts presented in this release are in USD unless otherwise stated. Q1 2024 FINANCIAL AND OPERATIONAL OVERVIEW Generated revenue of $638 million compared to $610 million in Q1/23 and $574 million in Q4/23.Higher revenue is mainly attributed to the Energy Infrastructure (“EI”) product line. During Q1/24, Enerflex expanded the scope and extended the term of an existing Build-Own-Operate-Maintain...

Western Announces First Quarter 2024 Results

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported a net loss of $8.0 million in the first quarter of 2024, as compared to a net loss of $17.7 million in the first quarter of 2023, and a net loss of $14.3 million in the fourth quarter of 2023. Adjusted EBITDA was negative $4.2 million in the first quarter of 2024, as compared to negative $5.0 million in the first quarter of 2023, and negative $1.2 million in the fourth quarter of 2023. (millions of Canadian dollars except per share amounts and where otherwise noted) Q12024 Q12023 Q42023Revenue $ 239.5 $ 263.8 $ 246.6 Adjusted EBITDA(1) (4.2 ) (5.0 ) (1.2 )Adjusted EBITDA margin(1) (2% ) (2% ) (0% )Operating loss prior to restructuring...

argenx announces results of Annual General Meeting of Shareholders

Written by Customer Service on May 7, 2024. Posted in Public Companies.

May 7, 2024 – 5:30pm ET Amsterdam, the Netherlands – argenx SE (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, announced the results of its Annual General Meeting of shareholders held today. All items on the agenda received a majority of votes in favor except for agenda item 5 (adoption of the remuneration policy). As part of the approved resolutions:The Company’s annual report and annual accounts for the financial year ending December 31, 2023 were approved; Dr. Brian L. Kotzin has been appointed as non-executive director to the Board of Directors for a term of four years. Dr. Kotzin brings broad medical and scientific research and development experience to the Board, supporting the Company’s innovation mission across therapeutic...

Second Revised Announcement Regarding Application for Management Cease Trade Order

Written by Customer Service on May 7, 2024. Posted in Public Companies.

CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) — Decklar Resources Inc. (TSX-V: DKL) (OTC: DKLRF) (FSE: A1U1) (the “Company” or “Decklar”) announces herewith a second revised default announcement from its initial announcement dated April 16, 2024. The Company has applied to the Alberta Securities Commission, (the “ASC”), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”) requesting that a temporary management cease trade order (“MCTO”) be granted in respect of the late filing of specified requirements as per NP12-203, within the time period prescribed by securities legislation of one or more of the following: (a) annual financial statements; (b) annual MD&A; (c) an annual information form; (d) a certification of filings under National Instrument 52-109 Certification of Disclosure in Issuers’ Annual...

Postal Realty Trust, Inc. Reports First Quarter 2024 Results

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

– Acquired 29 USPS Properties for $18.5 Million –– Acquired at a Weighted Average Capitalization Rate of 7.8% –– Raised $14 Million from ATM Program & OP Units to Fund Acquisitions –– Collected 100% of Contractual Rents – CEDARHURST, N.Y., May 07, 2024 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended March 31, 2024. Highlights for the Quarter Ended March 31, 2024Acquired 29 USPS properties for approximately $18.5 million, excluding closing costs, at a weighted average capitalization...

AdTheorent Holding Company, Inc. Announces Expiration of Hart-Scott-Rodino Waiting Period for Acquisition by Cadent, LLC

Written by Customer Service on May 7, 2024. Posted in Mergers And Acquisitions.

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) — AdTheorent Holding Company, Inc. (“AdTheorent” or the “Company”) (Nasdaq: ADTH), a machine learning pioneer delivering measurable value for programmatic advertisers, today announced the expiration of the waiting period under the Hart-Scott-Rodino (“HSR”) Antitrust Improvements Act of 1976, with respect to the previously announced agreement for the Company to be acquired by Cadent, LLC for $3.21 per share in cash, or approximately $324 million. The HSR waiting period expired at 11:59 p.m. on May 6, 2024, which was a condition to the closing of the pending transaction. About AdTheorent: AdTheorent uses advanced machine learning technology and privacy-forward solutions to deliver impactful advertising campaigns for marketers. AdTheorent’s advanced machine learning-powered media buying...

Ero Copper Reports First Quarter Operating and Financial Results

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce its operating and financial results for the three months ended March 31, 2024. Management will host a conference call tomorrow, Wednesday, May 8, 2024, at 11:30 a.m. eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. HIGHLIGHTSThe Tucumã Project is expected to achieve first copper concentrate production in early Q3 2024, marking a major inflection point for the CompanyOverall physical completion of approximately 97% Commissioning progressing ahead of schedule with major mechanical and sub- component commissioning completed during the quarter, as well as first ore...

Month: May 2024

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