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Month: May 2024

Territorial Bancorp Inc. Announces First Quarter 2024 Results

The Company’s tier one leverage and risk-based capital ratios were 11.58% and 28.84%, respectively, and the Company is considered to be “well-capitalized” at March 31, 2024. Ratio of non-performing assets to total assets of 0.10% at March 31, 2024. Strong liquidity position with $90 million in cash balances and access to liquidity totaling $901.70 million as of March 31, 2024.HONOLULU, Hawaii, May 03, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced a net loss of $482,000, or $(0.06) per diluted share, for the three months ended March 31, 2024. Hope Bancorp Merger Agreement As previously announced in a joint news release issued April 29, 2024, Hope Bancorp, Inc. (Nasdaq:HOPE) and the Company signed...

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Compass Pathways to announce first quarter financial results on May 8, 2024

LONDON, May 03, 2024 (GLOBE NEWSWIRE) — Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, announced today that it will release financial results for the first quarter 2024 ending March 31, 2024, and provide an update on recent business developments, on May 8, 2024. The management team will host a conference call at 8:00 am ET (1:00 pm UK) on May 8, 2024. To access the call, please register in advance here to obtain a local or toll-free phone number and your personal pin. A live webcast of the call will be available on the Compass Pathways website at: First Quarter 2024 Financial Results    The webcast will also be available on the Investors section of the Compass Pathways website. The webcast will be archived for 30 days. About Compass...

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CNH announces voting results of 2024 Annual General Meeting and publishes 2023 Sustainability Report

Basildon, May 3, 2024 CNH Industrial N.V. (NYSE: CNHI) today held its annual general meeting of shareholders. Shareholders re-appointed the Company’s director nominees, including Suzanne Heywood and Scott W. Wine as executive directors1, and Elizabeth Bastoni, Howard W. Buffett, Richard J. Kramer, Karen Linehan, Alessandro Nasi, Vagn Sørensen and Åsa Tamsons as non-executive directors.   Shareholders also approved a dividend of $0.47 per common share (equivalent to a total distribution of approximately $585 million), and the AGM approved the Company’s Remuneration Policy. In other voting, shareholders appointed Deloitte Accountants B.V. as the independent auditor for the 2025 financial year and approved the Company’s 2023 financial statements prepared under IFRS. Details of all matters approved today by the AGM are available on the Company’s...

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Infinite Reality’s SPAC Partner Engages BTIG as Capital Markets Advisor; Continues to Drive Robust Expansion and Strengthened Market Position

NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) — Infinite Reality (“iR” or the “Company”), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, today announced that its previously announced business combination partner, Newbury Street Acquisition Corporation (Nasdaq: NBST) (“Newbury”), has engaged BTIG, LLC (“BTIG”) as its capital markets advisor. BTIG has previously advised on similar business combinations including for AST SpaceMobile, Pinstripes Holdings and Vacasa. Tom Bushey, Chief Executive Officer of Newbury commented, “Partnering with the BTIG team is critical to Newbury’s transaction with iR and the Company’s journey towards becoming a publicly traded company. Their expertise is invaluable to Newbury as iR enters this next phase of growth with a public currency to further expand its immersive technology...

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Nokia Corporation: Repurchase of own shares on 03.05.2024

Nokia CorporationStock Exchange Release03 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 03.05.2024 Espoo, Finland – On 03 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 379,808 3.44CEUX – –BATE – –AQEU – –TQEX – –Total 379,808 3.44* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

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Andrew Briggs Appointed Chairman of Farmers & Merchants Bancorp, Inc. and F&M Bank

ARCHBOLD, Ohio, May 03, 2024 (GLOBE NEWSWIRE) — F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced the appointment of Andrew Briggs as Chairman of the Board of both the Company and the Bank. As part of F&M’s comprehensive succession plan, current Board Chairman Jack Johnson will retire later this month after reaching the maximum age requirement as set forth in F&M’s bylaws. Kevin Sauder, President and CEO of Sauder Woodworking Company, will continue to serve as Vice Chairman of the Boards of Farmers & Merchants Bancorp, Inc. and F&M Bank. Lars Eller, President and Chief Executive Officer, commented, “On behalf of everyone at F&M, I want to thank Jack for his long-standing service to the Company. As a member of our board since...

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SPIE – Press Release – Results of the May 3, 2024 shareholders’ meeting

Communiqué de presse Résultats de l’Assemblée Générale du 3 mai 2024Cergy, le 3 mai 2024,Approbation des comptes clos le 31 décembre 2023 et d’un dividende de 0,83 euro par action ; Nomination de la société PricewaterhouseCoopers Audit en qualité d’auditeur des informations en matière de durabilité ; Approbation de l’ensemble des résolutions.Le quorum s’est établi à 80,23 %. Approbation des comptes de l’année 2023 L’Assemblée Générale des actionnaires du 3 mai 2024 a approuvé les comptes sociaux et les comptes consolidés de l’exercice 2023. Dividende L’Assemblée Générale a approuvé l’affectation du résultat pour l’exercice 2023 et la distribution d’un dividende d’un montant de 0,61 euro par action qui sera mis en paiement le 16 mai 2024 (détachement du coupon le 14 mai 2024), un acompte sur dividende de 0,22 euros ayant...

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Sotherly Hotels Inc. Announces Refinancing and Renovation Plans for Philadelphia Hotel

WILLIAMSBURG, Va., May 03, 2024 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that the Company has executed an extension which includes amended mortgage loan terms on its first mortgage with TD Bank, collateralized by the DoubleTree by Hilton Philadelphia Airport in Philadelphia, PA. The interest-only loan, which has been reduced by $3.0 million to $35.9 million, matures in April 2026 and carries a floating interest rate based on SOFR plus 3.5%. As part of the transaction, the Borrower purchased an Interest Rate Cap capping SOFR at 3.0%. The Company also announced that it has entered into a new 10-year franchise agreement with Hilton Worldwide to relicense the hotel under the DoubleTree by Hilton flag. As part of the new agreement with Hilton, the Company will undertake a renovation of the...

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Correction: Final Results

This announcement replaces the Final Results announcement released at 18:00 on 24 April 2024 which included an incorrect reference to the dividend being paid on 24 May 2024 to shareholders on the register as at 5 May 2024. The dividend will be paid on 30 May 2024 to shareholders on the register as at 10 May 2024 (as announced on 18 March 2024). The correct dates are reflected below, all other text remains unchanged. OCTOPUS TITAN VCT PLC Annual report and financial statements for the year ended 31 December 2023 Octopus Titan VCT plc (‘Titan’ and ‘the Company’) today announces the final results for the year to 31 December 2023 as below. Titan’s mission is to invest in the people, ideas and industries that will change the world. Octopus Titan VCT plc is managed by Octopus AIF Management Limited (the ‘Manager’), who has delegated investment...

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