Month: June 2024

Namib Minerals, an Established African Gold Producer, to Become Publicly Traded Through Business Combination With Hennessy Capital Investment Corp. VI

Written by Customer Service on June 18, 2024. Posted in Mergers And Acquisitions.

Namib Minerals is an established African gold producer with an attractive portfolio of mines in Zimbabwe supported by high-grade, low-cost production, extensive infrastructure and pro-mining government policy. Namib Minerals owns and operates the producing How mine and plans to restart two historically producing gold mines, Mazowe and Redwing, and to expand Namib Minerals’ aggregate gold mining capacity. The proposed transaction values Namib Minerals at a pre-money enterprise value of $500 million with up to an additional 30 million of contingent ordinary shares tied to the completion of operational milestones. Transaction proceeds will support Namib Minerals’ growth plan to create a multi-asset and multi-jurisdiction platform through gold mine restarts and the development of its prospective battery metals assets in the Democratic Republic...

America’s Car-Mart Reports Fourth Quarter and Fiscal Year 2024 Results

Written by Customer Service on June 18, 2024. Posted in Earnings Releases And Operating Results.

ROGERS, Ark., June 18, 2024 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) (“we,” “Car-Mart” or the “Company”), today reported financial results for the fourth quarter and full year ended April 30, 2024. Fourth Quarter Key Highlights (FY’24 Q4 vs. FY’23 Q4, unless otherwise noted)Revenue was $364.7 million, down 5.8% Gross Margin improved to 35.5%, up 200 bps Total collections increased 5.0% to $187.2 million Favorable adjustment to allowance for credit loss to 25.32%, down from 25.74% Net charge-offs as a % of average finance receivables were 7.3% vs. 6.3% Interest expense increase of $4.9 million or 38.2% Diluted earnings per share $0.06 vs. $0.32Full Year Key Highlights (FY’24 vs. FY’23, unless otherwise noted)Revenue was $1.4 billion, down 0.5% Gross Margin increased to 34.7%, up 120 bps Total collections...

Super Hi Reports Unaudited Financial Results for the First Quarter of 2024

Written by Customer Service on June 18, 2024. Posted in Earnings Releases And Operating Results.

SINGAPORE, June 18, 2024 (GLOBE NEWSWIRE) — Super Hi International Holding Ltd. (NASDAQ: HDL and HKEX: 9658) (“Super Hi” or the “Company”), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants in the international market, today announced its unaudited financial results for the first quarter of FY2024 ended March 31, 2024. First Quarter 2024 HighlightsRevenue was US$187.6 million, representing an increase of 16.6% from US$160.9 million in the same period of 2023. Opened 4 net new Haidilao restaurants in the first quarter of 2024. Total number of Haidilao restaurants expanded from 115 as of December 31, 2023 to 119 as of March 31, 2024. Total table turnover rate1 and same-store table turnover rate2 were both 3.9 times per day, compared to 3.3 times per day in the same period of 2023. Had over 7.3 million...

Daxor Corporation to Showcase the Benefits of BVA-100™ Guided-Care at the American Association of Heart Failure Nurses (AAHFN) 20th Annual Meeting

Written by Customer Service on June 18, 2024. Posted in Public Companies.

Oak Ridge, TN, June 18, 2024 (GLOBE NEWSWIRE) — Daxor Corporation (Nasdaq: DXR), the global leader in blood volume measurement technology, announces today it will exhibit at the American Association of Heart Failure Nurses (AAHFN) 20th Annual Meeting from June 20-22nd, 2024 at the Rosen Shingle Creek Resort in Orlando, Florida. The AAHFN is a specialty organization dedicated to advancing nursing education, clinical practice, and research to improve heart failure patient outcomes. “The AAHFN Annual Meeting is a pivotal platform to showcase how our blood volume analysis (BVA) innovative technology is a true game-changer in heart failure management,” said Kathryn Kornafel, Sr. VP of Marketing and Commercial Development. “We look forward to sharing compelling evidence on how leveraging precise, patient-specific blood...

CORRECTION — Apollo Senior Floating Rate Fund Inc. Declares June 2024 Monthly Distribution of $0.140 Per Share

Written by Customer Service on June 18, 2024. Posted in Public Companies.

In the news release, “Apollo Senior Floating Rate Fund Inc. Declares June 2024 Monthly Distribution of $0.140 Per Share,” issued 11-Jun-2024 by Apollo Senior Floating Rate Fund Inc. over GlobeNewswire, we are advised by the Fund that the third paragraph, first sentence reading “Ex-Date,” should read “June 21, 2024” rather than “June 20, 2024” as originally issued inadvertently. The complete, corrected release follows: NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) — (NYSE: AFT) – Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of June 2024 of $0.140 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: June 21, 2024Record Date: June 21, 2024Payment Date: June 28, 2024Per Share Amount: $0.140 Apollo...

COMSovereign and Intelligent Waves Partner for Secure 5G, Drone Platforms and Software-as-a-Service Solutions Sales to the Government and DoD Markets

Written by Customer Service on June 18, 2024. Posted in Public Companies.

Solutions Partnership Adds Enhanced Sales, Integration and Management Services Capabilities for COMSovereign’s Full Portfolio of Hardware and Software Offerings TUCSON, AZ, June 18, 2024 (GLOBE NEWSWIRE) — COMSovereign Holding Corp. (OTC: COMS and COMSP) (“COMSovereign” or the “Company”), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions, today announced that it has added Intelligent Waves (IW) as a new solutions partner for its full array of hardware and software solutions and products as it seeks to expand its sales into the large Government and Department of Defense (DoD) markets. Intelligent Waves is a leading integrator that delivers mission-focused, multi-domain operational expertise and innovation to the Government through high-impact technology solutions in cybersecurity, data science,...

Reunion Gold Provides a Reminder Regarding Expiry of Warrants

Written by Customer Service on June 18, 2024. Posted in Public Companies.

LONGUEUIL, Québec, June 18, 2024 (GLOBE NEWSWIRE) — Reunion Gold Corporation (TSXV: RGD; OTCQX: RGDFF) (the “Company” or “Reunion Gold”) wishes to remind holders of outstanding common share purchase warrants issued on July 8, 2022 (the “Warrants”) that the Warrants will expire at 4:00 p.m. Vancouver time on Monday, July 8, 2024. As of June 14, 2024, there were 41,338,257 Warrants outstanding. Each whole Warrant entitles its holder to purchase one (1) common share of Reunion Gold at an exercise price of C$0.39 per share. Any Warrants not exercised prior to 4:00 p.m. Vancouver time on July 8, 2024 will expire and become void, and the holder will no longer be able to exercise such voided Warrants. There are 40,102,987 Warrants governed under the terms of the Warrant Indenture dated as of July 8, 2022 (the “Indenture”) by and among...

Powerdyne International Inc. Begins Preliminary Talks with an AI Motor Manufacturer for a Potential Acquisition or Merger

Written by Customer Service on June 18, 2024. Posted in Public Companies.

North Reading, MA, June 18, 2024 (GLOBE NEWSWIRE) — Powerdyne International, Inc. (Ticker: PWDY) announces the Company has begun preliminary talks with an AI motor manufacturer for a potential acquisition or merger. Powerdyne announced today that the Company has begun preliminary talks with an AI motor manufacturer about a potential acquisition or merger with Powerdyne. According to industry sources by 2025, AI-related sales will account for at least 20% of the $130 billion market and is expected to reach $156 billion by 2029 with an annual forecasted growth rate of 4%. The Company seeks to strategically position itself to capitalize on this demand. James O’Rourke said, “this potential acquisition or merger would greatly increase our top line and potentially open up new market opportunities in the rapidly growing Robotics and Artificial...

CORRECTION — Apollo Tactical Income Fund Inc. Declares June 2024 Monthly Distribution of $0.144 Per Share

Written by Customer Service on June 18, 2024. Posted in Public Companies.

In the news release, “Apollo Tactical Income Fund Inc. Declares June 2024 Monthly Distribution of $0.144 Per Share,” issued 11-Jun-2024 by Apollo Tactical Income Fund Inc. over GlobeNewswire, we are advised by the Fund that the third paragraph, first sentence reading “Ex-Date,” should read “June 21, 2024” rather than “June 20, 2024” as originally issued inadvertently. The complete, corrected release follows: NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) — (NYSE: AIF) – Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of June 2024 of $0.144 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: June 21, 2024Record Date: June 21, 2024Payment Date: June 28, 2024Per Share Amount: $0.144 Apollo Contact Information: Product...

Kaltura Takes Home Four Awards at Eventex 2024 Including Best Event Technology and Best Virtual Event Platform

Written by Customer Service on June 18, 2024. Posted in Public Companies.

For the second year in a row, Kaltura has won for every category in which it was nominated New York, NY, June 18, 2024 (GLOBE NEWSWIRE) — Kaltura (Nasdaq: KLTR), the Video Experience Cloud, has won four awards in this year’s 14th Global Eventex Awards. For the second year in a row, Kaltura’s solution took the top prize in every category in which it was nominated, demonstrating its continuing innovation in the field of webinars and virtual and hybrid events, most notably with its continued addition of AI-powered engagement and personalization tools. The awards for which Kaltura’s webinar and event platform is listed as a winner include:Best Event Technology Best Audience Engagement Technology Best Data Collection/Event Analytics Technology, and Best Virtual Event PlatformKaltura Events enables organizers to create, manage,...

Month: June 2024

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