Day: August 22, 2024

JACKSON, Wyo., Aug. 22, 2024 (GLOBE NEWSWIRE) — Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), an emerging provider of safe and secure customer engagement AI, today announced the promotion of Paul Chang to CEO. In his new role, Paul’s unique expertise, and his long-term experience on BEN’s leadership team, will enable a seamless continuation of operations and execution of the company’s ongoing strategy. With Chang’s promotion, BEN Co-CEO Michael Zacharski will step down from his position with the company. “I am excited and grateful for this opportunity to lead BEN through its next stage of growth,” said Paul Chang, CEO of BEN. “As we carry on our goal of elevating customer experiences and engagements with AI assistant technology, BEN is well positioned to continue pursuing strategic initiatives and partnerships that scale...

CALGARY, Alberta, Aug. 22, 2024 (GLOBE NEWSWIRE) — TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) announced today that it does not intend to exercise its right to redeem all or any part of the currently outstanding cumulative redeemable rate reset first preferred shares Series G (“Series G Shares”) (TSX: TA.PR.J) on September 30, 2024 (the “Conversion Date”). As a result, the holders of the Series G Shares will have the right to convert all or any of their Series G Shares into cumulative redeemable floating rate first preferred shares Series H of the Company (“Series H Shares”) on the basis of one Series H Share for each Series G Share on the Conversion Date subject to the terms and conditions of the Series G Shares, including those described in the prospectus supplement dated August 8, 2014 relating...

PARSIPPANY, N.J., Aug. 22, 2024 (GLOBE NEWSWIRE) — Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, today announced that management will participate in the following investor events: 2024 Wells Fargo Healthcare Conference •  Management will host one-on-one investor meetings on Wednesday, September 4, 2024, at the Encore Boston Harbor Hotel in Boston. 2024 Morgan Stanley 22nd Annual Global Healthcare Conference •  Management will host a fireside session on Thursday, September 5, 2024, at 2:35 p.m. Eastern Time (ET) at the Marriott Marquis in New York. Audio webcasts of the presentations will be accessible under the “News & Events” section of the Company’s investor relations website at https://investors.embecta.com. About embecta embecta is a global...

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 22, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its August 2024 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of C$0.091146 per Unit (C$1.09 per Unit on an annualized basis). The distribution will be payable on September 16, 2024 to holders of Units of record at August 31, 2024. About Northview Residential REIT The REIT is a publicly traded real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario for the primary purpose of indirectly acquiring, owning and operating a portfolio of income producing rental properties in secondary markets...

CALGARY, Alberta, Aug. 22, 2024 (GLOBE NEWSWIRE) — Inventronics Limited (“Inventronics” or the “Corporation”) (IVX:TSX Venture), a designer and manufacturer of enclosures for the telecommunications, cable, electric distribution, energy, and other industries in North America, today announced its unaudited 2024 Q2 financial results. For the three months ended June 30, 2024, Inventronics reported net earnings of $141,000, or 2.9 cents per share, on revenue of $1,945,000 compared to net earnings of $346,000, or 7.1 cents per share, on revenue of $3,103,000 for the three months ended June 30, 2023. For the six months ended June 30, 2024, Inventronics reported net earnings of $149,000, or 3.1 cents per share, on revenue of $3,377,000 compared to net earnings of $671,000, or 13.8 cents per share, on revenue of $6,438,000 for the comparative...

DENVER, Aug. 22, 2024 (GLOBE NEWSWIRE) — Ibotta, Inc. (NYSE: IBTA), the leading technology company providing digital promotions and performance marketing solutions, announced today that its Board of Directors has approved a share repurchase program, with authorization to purchase up to an aggregate of $100 million of the Company’s Class A common stock (the “Share Repurchase Program”). The Share Repurchase Program has no expiration date. Repurchases under the Share Repurchase Program may be made from time to time through open market repurchases or through privately negotiated transactions subject to market conditions, applicable legal requirements, and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended...

SANTA ANA, Calif., Aug. 22, 2024 (GLOBE NEWSWIRE) — NKGen Biotech, Inc. (Nasdaq: NKGN) (“NKGen” or the “Company”), today announced it received a standard notice (the “Notice”) on August 20, 2024 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 it had not timely filed its Quarterly Report on Form 10-Q for the period ended June 30, 2024 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”) on or before August 19, 2024, the extended period provided for the filing under Rule 12b-25(b) of the Securities Exchange Act of 1934, as amended. The delay is in part due to the recent change in the Company’s independent registered public accounting firm and its valuation firm. The Notice indicated...

Agrees to Terminate Previous Agreement with Mediforum Co., Ltd. Convergence CT, Inc. (“CCT”) is a provider of technologies to manage big data for the benefit of patients, communities, providers, and researchers, and specializes in smart hospital information systems and optimizing hospital workflows, leveraging proprietary technology and customized solutions, integrating IoT and AI to enhance patient care and promote global health insights. Vision Sensing Acquisition Corp. (“VSAC”) is a NASDAQ listed special purpose acquisition company trading under the ticker symbol “VSAC.” VSAC and CCT have agreed to a total consideration to CCT shareholders of US$135 million of which US$110 shall be paid by an initial upfront equity transfer to existing CCT shareholders with the balance subject to an earn-out based on performance. NEW YORK, Aug. 22,...

Leading Daytime Dining concept strengthens Board with appointment of new independent directors BRADENTON, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) — First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Charles Jemley to its Board of Directors and as Chair of the Audit Committee effective immediately and the appointment of Michael Fleisher to its Board of Directors effective November 1, 2024. “We are pleased to welcome Charley and Michael to our Board of Directors, and we look forward to leaning on their extensive financial management expertise as we continue to scale the First Watch brand,” said Ralph Alvarez, Chairman of the Board of Directors of First Watch. Jemley’s executive and financial management...

All amounts in U.S. dollars unless otherwise stated TORONTO, Aug. 22, 2024 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) today announced that Onex Partners Opportunities Fund has agreed to make a majority investment in Fischbach KG (“Fischbach” or the “Company”), the world’s largest provider of cartridge packaging solutions for sealants and adhesives used in building repair, renovation, & construction, aftermarket automotive, marine weather & water-sealing applications, and aerospace bonding applications. The investment has been made alongside the existing owner-management group, led by Managing Directors Thomas Langensiepen and Achim Helmenstein. Financial terms were not disclosed. Headquartered in Engelskirchen, Germany, Fischbach provides full system solutions including plastic cartridges, associated plungers...