Volaris Reports May 2024 Traffic Results: 86% Load Factor

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

MEXICO CITY, June 06, 2024 (GLOBE NEWSWIRE) — Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its May 2024 preliminary traffic results. In May 2024, Volaris’ ASM capacity decreased by 17.5% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. However, load factor increased by 1.6 pp YoY to 86.1%, as RPMs decreased by less than capacity. Mexican domestic RPMs decreased by 22.0%, while international RPMs decreased by 3.6%. Volaris transported 2.4 million passengers during the month. Enrique Beltranena, Volaris’ President, and CEO said: “Despite limitations in capacity growth due to fleet availability,...

Fobi AI Announces AGM Voting Results

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

VANCOUVER, British Columbia, June 06, 2024 (GLOBE NEWSWIRE) — Fobi AI Inc. (TSXV:FOBI; OTCQB: FOBIF) (the “Company” or “FOBI”) is pleased to announce voting results from the Company’s Annual General and Special Meeting of Shareholders held on June 6, 2024 (“AGM”). All matters voted upon were outlined in the Company’s Management Information Circular dated May 7, 2024 (“Circular”). A total of 53,513,161 common shares of the Company (“Shares”) were voted, representing the votes attached to 24.20% of all outstanding Shares as at the record date. At the AGM, Shareholders passed resolutions related to the following, all as further set out in the Circular: The number of directors of the Company was fixed at three (3); The election of the director nominees set forth in the Circular, being Rob Anson, Peter Green, and Jeffrey Hyman; The...

Solidion Technology Announces Receipt of Expected Delinquency Notification Letter From Nasdaq Relating to Non-Compliance with Listing Rule 5250(c)(1)

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

Dallas, TX, June 06, 2024 (GLOBE NEWSWIRE) — On May 31, 2024, Solidion Technology, Inc. (the “Company”) received an expected delinquency notification letter (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”), which indicated that, as a result of the Company’s delay in filing its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024 (the “Form 10-Q”) by the applicable due date, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). The Notice states that the Company has 60 calendar days to submit to Nasdaq a plan to regain compliance with the Rule. If Nasdaq accepts the Company’s...

Rapport Therapeutics Announces Pricing of Initial Public Offering

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

BOSTON and SAN DIEGO, June 06, 2024 (GLOBE NEWSWIRE) — Rapport Therapeutics, Inc. (Nasdaq: RAPP), a clinical-stage biotechnology company focused on discovery and development of transformational small molecule medicines for patients suffering from central nervous system disorders, today announced the pricing of its initial public offering of 8,000,000 shares of its common stock at a public offering price of $17.00 per share. Rapport’s shares are expected to begin trading on the Nasdaq Global Market on June 7, 2024 under the ticker symbol “RAPP.” The offering is expected to close on June 10, 2024, subject to the satisfaction of customary closing conditions. In addition, Rapport has granted the underwriters a 30-day option to purchase an additional 1,200,000 shares of its common stock at the public offering price, less underwriting...

The North West Company Inc. Announces Election of Directors

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

WINNIPEG, Manitoba, June 06, 2024 (GLOBE NEWSWIRE) — (TSX: NWC): – The North West Company Inc. (the “Company” or “North West”) today announced that shareholders voted in favour of all items of business put forth by the Company at its annual general meeting of shareholders yesterday (the “Meeting”), including the election of all of the nominee directors listed in the Notice of Meeting & Management Information Circular dated April 10, 2024: Nominee Votes For % of Votes For Votes Against % of Votes Against Brock Bulbuck 24,317,241 95.64 1,109,496 4.36 Stewart Glendinning 23,647,856 93.00 1,778,884 7.00 Rachel Huckle 24,547,666 96.54 879,074 3.46 Annalisa King 23,946,620 94.18 1,480,120 5.82 Violet Konkle 24,041,117 94.56 1,384,023 5.44 Steven Kroft 24,543,003 96.52 883,737 3.48 Daniel McConnell 24,555,652 96.57 871,088 3.43 Jennefer...

Patria Signs Agreement to Acquire Nexus Capital, Further Expanding its Real Estate Platform in Colombia

Written by Customer Service on June 6, 2024. Posted in Mergers And Acquisitions.

Transaction advances Patria’s efforts to consolidate the region’s fragmented Real Estate market by adding a diversified and well-established platform in Colombia with approximately US$ 800 million in assets under management across multiple strategies GRAND CAYMAN, Cayman Islands, June 06, 2024 (GLOBE NEWSWIRE) — Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager and market leader in Latin America, announced today an agreement to acquire Nexus Capital (“Nexus”), one of the top independent alternative real estate asset managers in Colombia, with approximately US$ 800 million in assets under management (“AUM”) across multiple strategies. Upon the completion of the acquisition of 100% of Nexus, Patria’s Real Estate AUM in Colombia will be over US$ 2.2 billion. The transaction is expected to...

Tevogen Bio Expresses Gratitude to Patients, First Responders, Elected Officials, and Members of the United States Congress for Attending Its Inaugural Post-Listing Social Engagement Event

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

WARREN, N.J., June 06, 2024 (GLOBE NEWSWIRE) — Tevogen Bio Holdings Inc. (“Tevogen” or “Tevogen Bio”) (Nasdaq: TVGN), is a clinical-stage specialty immunotherapy company harnessing one of nature’s most powerful immunological weapons, CD8+ cytotoxic T lymphocytes (“CD8+ CTLs”), to develop off-the-shelf, precision T cell therapies for the treatment of infectious diseases, cancers, and neurological disorders with the aim of addressing the significant unmet needs of large patient populations. Tevogen Bio, founded by a group of pioneering industry leaders and distinguished scientists with extensive drug development and global product launch experience, aims to chart the next frontier of medicine, where disruptive science and innovative business models pave the way to a healthier future for all, centered on the concept that sustainable...

Brilliant Earth Announces Participation in Sidoti Small Cap Conference, SHARE Series at NYSE, and Jefferies Consumer Conference

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

SAN FRANCISCO, June 06, 2024 (GLOBE NEWSWIRE) — Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that the Company will participate in upcoming investor events. On June 12, 2024, the Company will participate in the Sidoti Small Cap Conference being held virtually. Management will hold a presentation at 4:00pm ET and host investor meetings throughout the day. On June 14, 2024, the Company will participate in the SHARE Series event being held at the New York Stock Exchange. Management will participate in a fireside chat presentation at 9:00am ET. From June 17th to June 18th, 2024, the Company will participate in the Jefferies Consumer Conference being held in Nantucket, Massachusetts. Management will hold a breakout session...

Xtract One Announces Third Quarter Fiscal 2024 Results

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

Record Quarterly Revenue; $9.5 Million in New Bookings; Outlook Remains Strong TORONTO, June 06, 2024 (GLOBE NEWSWIRE) — Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”) a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced fiscal third quarter results for the three and nine months ended April 30, 2024. All information is in Canadian dollars unless otherwise indicated. Third Quarter Financial Highlights Record revenue of $4.7 million for the three months ended April 30, 2024 versus $0.9 million in the prior-year period. Gross margin for the Platform operating segment of 60% for the third quarter unchanged from the same period last year. Announced new customer wins during the quarter including...

Saputo Reports Fourth Quarter and Fiscal 2024 Results

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

MONTRÉAL, June 06, 2024 (GLOBE NEWSWIRE) — Saputo Inc. (TSX: SAP) (we, Saputo or the Company) reported today its financial results for the fourth quarter and fiscal year ended on March 31, 2024. All amounts in this news release are in millions of Canadian dollars (CDN), except per share amounts, unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS). Commenting on full-year results, Lino A. Saputo, Chair of the Board, President and CEO, said: “Fiscal 2024 was a year of continued resilience. Our financial performance reflected our ability to stay the course even amidst a dynamic macro-economic environment which included commodity price volatility, a challenged consumer, and ongoing inflationary pressures. It was also a year of continued progress where, after three years of investing...

Day: June 6, 2024

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