Month: May 2024

AdTheorent Holding Company, Inc. Announces Expiration of “Go-Shop” Period Contained in Previously Announced Merger Agreement and Receipt of Acquisition Proposal

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

NEW YORK, May 06, 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 33-day “go-shop” period pursuant to the terms of the previously announced definitive merger agreement (the “Merger Agreement”) pursuant to which Cadent, LLC (“Cadent”), a leading provider of platform-based converged TV advertising solutions and a portfolio company of Novacap, one of North America’s established private equity firms, agreed to acquire all outstanding shares of AdTheorent common stock for $3.21 per share in cash, or approximately $324 million. The “go-shop” period expired at 11:59 p.m. Eastern Time on May 4, 2024. During the go-shop period, AdTheorent received one acquisition...

Aura Announces Q1 2024 Quarterly Financial and Operational Results

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

ROAD TOWN, British Virgin Islands, May 06, 2024 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended March 31, 2024 (“Q1 2024”). The full version of the Financial and Operational Results can be viewed on the Company’s website at www.auraminerals.com or on SEDAR+ at www.sedarplus.ca. All amounts are in thousands of U.S. dollars unless stated otherwise. Rodrigo Barbosa, President, and CEO of Aura, commented, “We finished the quarter with strong results, with production up 28% and EBITDA up 45% vs. Q1 2023, and Recurring Free Cash Flow of $19 million. This was achieved despite an average gold price increase...

Hallador Energy Company Reports First Quarter 2024 Financial and Operating Results

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

TERRE HAUTE, Ind., May 06, 2024 (GLOBE NEWSWIRE) — Hallador Energy Company (NASDAQ – HNRG) reported a net loss of $1.7 million, $(0.05) basic earnings per share, operating cash flow of $16.4 million, and adjusted EBITDA of $6.8 million for the quarter ended March 31, 2024. Brent Bilsland, President and Chief Executive Officer, stated, “Throughout the first quarter, we continued our progress on transitioning the focus of Hallador from a coal production company to an independent power producer. During the first three months of 2024, our Electric Operation’s revenue exceeded that of our Coal Operation’s revenue. Additionally, we were successful in adding approximately $138.0 million in forward energy and capacity sales, growing our Electric Operation’s forward sales book to approximately $657.0 million and...

Skyward Specialty Announces Pricing of Its Secondary Offering of Its Common Stock

Written by Customer Service on May 6, 2024. Posted in Public Companies.

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at $36.50. In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of Skyward Specialty’s common stock. The Selling Stockholder will hold 4.80% and 6.45% in Skyward Specialty, assuming full and no exercise of the underwriters’ option to purchase the additional shares, respectively. Skyward Specialty will not receive any of the proceeds...

Methode Electronics Announces CEO Transition

Written by Customer Service on May 6, 2024. Posted in Public Companies.

Kevin Nystrom Appointed Interim Chief Executive Officer Mark Schwabero Appointed Vice Chairman of the Board CHICAGO, May 06, 2024 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that Kevin Nystrom, a partner and managing director at AlixPartners LLP, has been appointed interim CEO, effective immediately. The company has previously disclosed its ongoing engagement with AlixPartners for various consulting services, including cost reduction and financial advisory. Mr. Nystrom succeeds Avi Avula, who resigned from his position as President and Chief Executive Officer. Methode’s Board of Directors, with the assistance of executive search firm Spencer Stuart, has initiated...

Ascot Announces Update to Its Board of Directors

Written by Customer Service on May 6, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, May 06, 2024 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) today announces that effective May 9, 2024, Don Njegovan is stepping down as a Director of the Company to focus on his duties at Osisko Mining Inc. Ascot’s remaining six Directors have appointed Derek White, current President and CEO of the Company, to replace Mr. Njegovan as Director, also effective May 9, 2024. Mr. Njegovan stated: “I would like to congratulate the Board of Directors and the entire team at Ascot for all of their achievements and wish them the greatest success in the future.” The Directors and Management of Ascot wish to thank Don for his valuable insights and guidance for the past six and a half years of his service on the Board. On behalf of the Board of Directors of Ascot Resources...

Timbercreek Financial Announces 2024 First Quarter Results

Written by Customer Service on May 6, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, May 06, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months ended March 31, 2024 (“Q1 2024”). Q1 2024 Highlights1The net mortgage investment portfolio increased by $31.3 million to $977.5 million at the end of Q1 2024 from $946.2 million at the end of Q4 2023 (Q1 2023 – $1,149.1 million). Strong quarter of originations made possible by anticipated repayments: $198.5 million in net mortgage investments in the quarter. The repayments in the quarter are welcomed as delinquent loans repaid, positioning the Company for growth through the origination of loans based on re-set market fundamentals through 2024 and 2025. Distributed a total of $19.1 million in dividends to shareholders, comprising of a one-time special dividend of $4.8 million, or $0.0575...

Beyond, Inc. Reports First Quarter 2024 Financial Results

Written by Customer Service on May 6, 2024. Posted in Earnings Releases And Operating Results.

– Reported Revenue Growth on a Year-over-Year Basis – – Delivered 2.2 Million Orders, Representing a 27% YoY Increase in Transaction Volume – – Acquired Zulily, Doubling Down on Off-Priced Home and Lifestyle Business – – Soft Launched Iconic Overstock Site 6 Months Ahead of Schedule; Early Growth is Promising – MIDVALE, Utah, May 06, 2024 (GLOBE NEWSWIRE) — Beyond, Inc. (NYSE:BYON), parent company of Overstock, Bed Bath & Beyond, Zulily, and other online retail brands designed to unlock your home’s potential, today reported financial results for the first quarter ended March 31, 2024. “2024 has begun with a strong strategic focus on building a portfolio of profitable brands designed to drive high customer affinity and lifetime value,” said Marcus Lemonis, Executive Chairman of the Board. “We are now 120 days into this new...

Hamilton Thorne to Announce Q1 2024 Financial Results and Hold Conference Call on May 14, 2024

Written by Customer Service on May 6, 2024. Posted in Public Companies.

BEVERLY, Mass. and TORONTO, May 06, 2024 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX: HTL), a leading provider of precision instruments, laboratory equipment, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today announced that it will release its financial results for the three months ended March 31, 2024 before market open on Tuesday, May 14, 2024. The press release, with accompanying financial information, will be posted on the Company’s website at www.hamiltonthorne.ltd and on www.sedar.com. The Company will follow with a conference call on the same day at 9:00 a.m. EDT to review highlights of the results. All interested parties are welcome to join the conference call by dialing toll free 1-833-366-1126 in North America, or 1-412-317-0703 from other locations,...

Wilmington Announces 2024 First Quarter Results

Written by Customer Service on May 6, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 06, 2024 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (“Wilmington” or the “Corporation”) reported net income for the three months ended March 31, 2024, of $1.3 million or $0.10 per share compared to net loss of $0.5 million or ($0.05) per share for the same period in 2023. A summary of the Corporation’s activities and the operations of its investees is set out below: OverviewAs previously reported the Corporation has set its sights on simplifying its business and monetizing those investments where the embedded value has been substantially realized. In the preceding 9 months, the Corporation monetized its investment in the Bow City Partnerships, Northbridge and certain underlying energy funds and more recently its investment in the marina business. InvesteesSunchaser PartnershipThe success of the...

Month: May 2024

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