Day: June 25, 2024
New York, New York, June 25, 2024 (GLOBE NEWSWIRE) — Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a private unitranche facility to support a recapitalization of MedVet. MedVet is a founder and veterinarian owned platform that operates a leading network of specialty and emergency veterinary hospitals across the U.S. OHA was the sole lender of the private unitranche facility, consisting of a term loan and delayed draw term loan.
OHA’s reputation and experience investing in the veterinary care space for nearly a decade positioned it to source and diligence this opportunity. OHA made its first investment in a veterinary services platform in 2014 and currently has over $1 billion invested in animal health and pet care businesses, ranging from private unitranche to junior capital financings. This...
Intellia Announces Positive Clinical Proof-of-Concept Data for Redosing a CRISPR-Based Therapy with its Proprietary LNP-Based Delivery Platform
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First-ever clinical data demonstrating redosing with an investigational in vivo CRISPR-based therapy
Follow-on dosing with a 55 mg dose of NTLA-2001 led to a 90% median reduction in serum TTR at day 28 in the three patients who previously received the lowest dose in the Phase 1 dose-escalation study
55 mg follow-on dose was well tolerated across all patients
While redosing is not planned for the NTLA-2001 program in transthyretin (ATTR) amyloidosis, a redosing option could be an important advantage of Intellia’s non-viral, lipid nanoparticle (LNP)-based delivery platform for future investigational therapies where a target additive effect is desiredCAMBRIDGE, Mass., June 25, 2024 (GLOBE NEWSWIRE) — Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading clinical-stage gene editing company focused on revolutionizing medicine with...
Premier American Uranium Announces Results Following its Annual and General Special Meeting of Shareholders
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TORONTO, June 25, 2024 (GLOBE NEWSWIRE) — Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to announce that shareholders have approved all matters brought before the annual general and special meeting of shareholders (the “Meeting”) held virtually today, as outlined in the management information circular of the Company prepared in connection with the Meeting.
Shareholders approved all of the matters presented for approval at the Meeting, including the re-election of each of the existing directors to serve as a director of the Company until the next annual meeting of shareholders or until his successor is otherwise elected or appointed.
Shareholders also approved the appointment of Mr. Jon Indall and Mr. Michael Henrichsen (the “Arrangement Slate Nominees”)...
Canon Solutions America’s Francis McMahon Earns Champion of Education Award from the Graphic Communications Scholarship Foundation
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Francis McMahonFrancis McMahon, executive vice president, Production Print Solutions, Canon Solutions America, Inc. earned a 2024 Champion of Education Award from the Graphic Communications Scholarship FoundationMELVILLE, N.Y., June 25, 2024 (GLOBE NEWSWIRE) — For his efforts in advocating on behalf of the digital printing and publishing industry, Francis McMahon, executive vice president, Production Print Solutions, Canon Solutions America, Inc. earned a 2024 Champion of Education Award from the Graphic Communications Scholarship Foundation (GCSF).
Throughout his time with Canon Solutions America, a wholly owned subsidiary of Canon U.S.A., Inc., McMahon has continuously advocated for educational opportunities for print service providers and future printing professionals.
“Developing the industry’s next generation of...
POET Technologies Provides Results of 2024 Annual General and Special Meeting
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POET Grants Options to Directors and Employees
TORONTO, June 25, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported the voting results of its Annual General and Special Meeting (the ”Meeting” or “AGSM”), which was held virtually on Friday, June 21, 2024.
The Company’s VP Finance and Administration, Kevin Barnes, delivered customary introductions and the call to order, and POET’s Chairman of the Compensation Committee, Glen Riley, conducted the formal business of the Meeting, which included the approval of all proposals outlined in the Company’s management information...
RCI BANQUE ISSUES A 750 M€ 10.25 YEARS TIER 2 SUBORDINATED BOND
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RCI BANQUE ISSUES A 750 M€ 10.25 YEARS TIER 2 SUBORDINATED BOND
On 25th June 2024, RCI Banque has successfully priced a new Tier 2 subordinated Notes for 750 million euros, maturing on 09th October 2034 and callable in the 3-month period to 09th October 2029 (5.25 years). The bond carries a 5.5% coupon until 09th October 2029, after which it will reset to 5-year swap rate + 275 bp for the last 5 years if not redeemed.
The transaction was conducted after half a day of virtual roadshow which allowed RCI Banque to engage directly with over 40 investors.
This issuance extends the maturity profile of RCI Banque’s Tier 2 layer and is part of its dynamic capital management strategy aimed at maintaining a solid capital structure and robust safety margins compared to capital requirements.
This transaction was well received by the financial community...
Worthington Enterprises Increases Quarterly Dividend by 6.25%
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COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) — The Worthington Enterprises, Inc. (NYSE: WOR) Board of Directors today declared a quarterly dividend of $0.17 per share, which represents an increase of $0.01 per share or 6.25 percent from the prior quarter. The dividend is payable on September 27, 2024, to shareholders of record on September 13, 2024. The Company has paid a quarterly dividend since its initial public offering in 1968.
Worthington Enterprises, a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, will hold its quarterly earnings conference call tomorrow at 8:30 a.m. ET. The Company will discuss its fiscal fourth quarter results, which will be released later today after the market closes.
Please click here to register for tomorrow’s...
Connexa Announces 1:20 Reverse Split to Remedy Bid Price Delisting Notice
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Reverse Split has been approved to take place on June 27, 2024Windsor Mills, MD, June 25, 2024 (GLOBE NEWSWIRE) — Connexa Sports Technologies Inc. (Nasdaq: YYAI), the owner of Slinger Bag and Gameface, announced today announced that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.001 per share. The common stock will continue to be traded on Nasdaq under the symbol “YYAI” and will begin trading on a reverse split-adjusted basis when the market opens on June 27, 2024. The new CUSIP of the Company’s common stock will be 831445408. Post-reverse split, the number of the Company’s outstanding shares will be 2,042,669.
At the Company’s 2024 Annual Meeting of Stockholders on May 15, 2024, the Company’s stockholders approved the proposal to authorize a reverse stock split of the Company’s common stock...
Bekaert to implement liquidity agreement with Kepler Cheuvreux
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Bekaert to implement liquidity agreement with Kepler Cheuvreux
Bekaert announces that it has entered today into a liquidity agreement with Kepler Cheuvreux in relation to its ordinary shares admitted to trading on Euronext Brussels (ISIN Code BE0974258874). This liquidity agreement provides for the purchase and sale of Bekaert shares by Kepler Cheuvreux on the regulated market of Euronext Brussels and with the purpose of supporting the liquidity of the Bekaert shares.
Kepler Cheuvreux will be acting on behalf of Bekaert and on a discretionary basis, as authorized by the Extraordinary General Meeting of Bekaert of 13 May 2020. The liquidity program will start on 1 July 2024 for a 12-month renewable period. To execute the liquidity agreement, Bekaert is making € 3.5 million available to Kepler Cheuvreux.
In accordance with the conditions...
Artesian Resources Corporation’s Annual Charitable Golf Tournament Raises Nearly $135,000
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NEWARK, Del., June 25, 2024 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA) announced that its Annual Charitable Golf Outing raised nearly $135,000, bringing the thirteen-year total to $875,000. Over 175 golfers representing Artesian’s valued vendors and business partners gathered on June 3rd at the DuPont Country Club in Wilmington, Delaware to support local charitable organizations. “We are immensely grateful for the generous support from our business partners to be able to once again have such an incredibly successful event. Their continued partnership with us each year enables Artesian to have a positive impact on local charities across the Delmarva Peninsula,” said Dian C. Taylor, Chair and CEO.
Our gold sponsors this year were:AssuredPartners
Austin & Bednash Construction, Inc.
Core & MainEagle...