Day: June 7, 2024

Decklar Granted Management Cease Trade Order and Provides Bi-Weekly Default Status Report

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

CALGARY, Alberta, June 07, 2024 (GLOBE NEWSWIRE) — Decklar Resources Inc. (TSX-V: DKL) (OTC: DKLRF) (FSE: A1U1) (the “Company” or “Decklar”) is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). The Company was granted a temporary management cease trade order (“MCTO”) by the Alberta Securities Commission, (the “ASC”) on May 8, 2024 in respect of the late filing within the time prescribed by securities legislation of one or more of the following: (a) annual financial statements; (b) annual MD&A; (c) a certification of filings under National Instrument 52-109 Certification of Disclosure in Issuers’ Annual Filings (the “Annual Filings”). Decklar has now engaged its reporting reserve engineers and work has commenced on updating the reserve estimates...

Brookfield Asset Management Announces Results of Annual Meeting of Shareholders

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

BROOKFIELD, NEWS, June 07, 2024 (GLOBE NEWSWIRE) — Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) today announced that all six nominees proposed for election to the board of directors by holders of Class A Limited Voting Shares (“Class A Shares”) and all six nominees proposed for election to the board of directors by the holder of Class B Limited Voting Shares (“Class B Shares”) were elected at the company’s annual meeting of shareholders held on June 7, 2024 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below. Management received the following proxies from holders of Class A Shares in regard to the election of the six directors nominated by this shareholder class:Director Nominee Votes For % Votes Withheld %Marcel R. Coutu 303,708,857 98.23 5,472,667 1.77Oliva...

ETC Announces Fiscal 2024 Full Year and Fourth Quarter Results

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

SOUTHAMPTON, Pa., June 07, 2024 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended February 23, 2024 (the “2024 fiscal fourth quarter”) and the fifty-two week period ended February 23, 2024 (“fiscal 2024”). Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President stated, “Our strong backlog and pipeline of opportunities has translated into solid results with sales increasing to $43.3 million, gross profit increasing to $12.5 million, and net income attributable to ETC increasing to $1.8 million or $0.09 earnings per diluted share in fiscal 2024 as compared to a net loss attributable to ETC of ($1.6) million or ($0.13) loss per diluted share in fiscal 2023. We believe we remain well positioned for the...

Gauzy Ltd. Announces Closing of $75 Million Initial Public Offering

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

TEL AVIV, Israel, June 07, 2024 (GLOBE NEWSWIRE) — Gauzy Ltd. (Nasdaq: GAUZ) (“Gauzy” or the “Company”), a global leader in vision and light control solutions, announced today the closing of its initial public offering of 4,411,765 of its ordinary shares at a public offering price of $17.00 per share for aggregate gross proceeds of $75 million, prior to deducting underwriting discounts and other offering expenses. In addition, the Company has granted to the underwriters a 30-day option to purchase up to an additional 661,765 of its ordinary shares from Gauzy at the public offering price less underwriting discounts and other offering expenses. Gauzy’s ordinary shares began trading on the Nasdaq Global Market under the symbol “GAUZ” on June 6, 2024. The Company intends to use the net proceeds it receives from the offering for the...

Priority Income Fund Announces 11.6% Annualized Total Cash Distribution Rate (on Class R Offering Price) with New “Bonus” and “Base” Common Shareholder Distributions for June through August 2024

Written by Customer Service on June 7, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for June 2024, July 2024 and August 2024. The annualized total cash distribution is $1.34016 per share (11.6% annualized rate for Class R and 12.4% annualized rate for Class I), for distributions with record dates between June 5, 2024 and August 5, 2024 based on the current Class R offering price of $11.55 per common share and the current Class I offering price of $10.77 per common share. The cash “base” distribution will have monthly record dates and will be payable monthly to common stockholders of record at the close of business each month. These declared distributions equal a weekly cash amount...

Spectral Medical Inc. Announces Results of Annual Meeting of Shareholders

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

TORONTO, June 07, 2024 (GLOBE NEWSWIRE) — Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, today announced the results of its Annual Meeting of shareholders (the “Shareholders“) held earlier today (the “Meeting“). The Company confirms that all resolutions put forward in the Management Information Circular dated April 19, 2024 (the “Circular“) to its Shareholders were approved. Results of the matters voted on at the Meeting are set out below. Election of Directors Spectral’s seven director nominees were elected:Nominee Votes For (percent) Votes Withheld (percent)Jan D’Alvise 99.06% 0.94%Jun Hayakawa 99.69% 0.31%Chris Seto 86.08% 13.92%William...

Jayud Global Logistics Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency

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

SHENZHEN, China, June 07, 2024 (GLOBE NEWSWIRE) — Jayud Global Logistics Limited (NASDAQ: JYD) (“Jayud” or the “Company”), a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics, today announced that it received a delinquency notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on June 6, 2024 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq’s Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company’s ordinary shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule...

Papaya Growth Opportunity Corp. I Receives Expected Notice from Nasdaq Regarding Delayed Quarterly Filing

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

Oakland, CA, June 07, 2024 (GLOBE NEWSWIRE) — Papaya Growth Opportunity Corp. I (NASDAQ: PPYA) (the “Company”) announced today that it received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company failed to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 (the “Form 10-Q”) with the Securities and Exchange Commission (“SEC”). The Notice has no immediate effect on the listing or trading of the Company’s securities on Nasdaq. The Company is working diligently to finalize the financial statements and to file the Form 10-Q as soon as practicable. Under Nasdaq rules,...

Structure Therapeutics Announces Closing of Upsized Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional American Depositary Shares

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

SAN FRANCISCO, June 07, 2024 (GLOBE NEWSWIRE) — Structure Therapeutics Inc. (NASDAQ: GPCR), a clinical-stage global biopharmaceutical company developing novel oral small molecule therapeutics for metabolic and cardiopulmonary diseases, today announced the closing of its previously announced upsized underwritten public offering of 10,427,017 American depositary shares (ADSs), each representing three ordinary shares, including the full exercise of the underwriters’ option to purchase up to 1,360,045 additional ADSs, at a public offering price of $52.50 per ADS. The aggregate gross proceeds to Structure Therapeutics from the offering were approximately $547.4 million, before deducting underwriting discounts and commissions and offering expenses. All of the ADSs were offered by Structure Therapeutics. Goldman Sachs & Co. LLC,...

Synchronoss Technologies, Inc. Reports Inducement Grant to Employee Under Nasdaq Listing Rule 5635(c)(4)

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

BRIDGEWATER, N.J., June 07, 2024 (GLOBE NEWSWIRE) — Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, today announced that the Company issued a restricted stock and stock option award to one newly hired employee. This grant was an inducement award that was approved by the Compensation Committee of Synchronoss’ Board of Directors, and granted as an inducement equity award under the Company’s 2017 New Hire Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). Synchronoss granted the newly hired Japan Country Manager an aggregate of 15,000 time-based restricted stock awards. The shares of restricted stock will vest 1/3rd on the first, second, and third anniversary of the grant date, subject to continuous service after the first...

Day: June 7, 2024

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