Month: August 2024

EMERYVILLE, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) — NMI Holdings, Inc., (Nasdaq:NMIH), the parent company of National Mortgage Insurance Corporation (National MI), today provided guidance on its capital position under the revised Private Mortgage Insurer Eligibility Requirements (PMIERs) released by Fannie Mae and Freddie Mac (the GSEs), and the Federal Housing Finance Administration (FHFA) on August 21, 2024. As previously disclosed, at June 30, 2024, National MI had PMIERs total available assets of $2,828 million, compared to risk-based required assets of $1,652 million, with $1,176 million of excess funding capacity.  Under the revised PMIERs framework the company estimates that its total available assets would have been $2,800 million and its risk-based required assets would have been $1,656 million as of June 30, 2024, with...

RALEIGH, N.C., Aug. 21, 2024 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today addressed the updated Private Mortgage Insurer Eligibility Requirements (PMIERs) released by Fannie Mae and Freddie Mac (the GSEs), and the Federal Housing Finance Administration (FHFA) on August 21, 2024 which will be phased-in between March 31, 2025 and September 30, 2026. “The changes to the PMIERs requirements, which were developed in collaboration with the GSEs and FHFA, will further strengthen the risk-based capital framework for the private mortgage insurance industry. Enact remains well positioned for continued prudent capital sufficiency in excess of these requirements while continuing to execute on our capital allocation strategy,” said Rohit...

Saskatoon, SK., Aug. 21, 2024 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced that it has closed its previously announced offering of 16,666,666 units of the Company, with each unit consisting of one common share (or one pre-funded warrant to purchase one common share in lieu thereof) and one warrant to purchase one common share. Each unit was sold at a public offering price of US$0.12, for gross proceeds of approximately US$2.0 million (the “Offering”), before deducting underwriting discounts and offering expenses. The warrants have an exercise price of US$0.15 (CA$0.2048) per share, are exercisable immediately and will expire five years following the date of issuance and the exercise price is in Canadian currency. Maxim...

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES CARLSBAD, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a leader in spine and interventional spine technology that improves spinal surgery outcomes, today announced its financial results for second quarter ended June 30, 2024. All figures are in U.S. dollars. Financial and Business HighlightsContinued Positive EBITDAC – Q2 2024 EBITDAC was $105,522 as compared to ($163,660) in Q2 2023, an improvement of $269,182. This marks the fourth consecutive quarter of positive EBITDAC, underscoring Aurora Spine’s consistent profitability.Robust Sales Growth – Q2 2024 sales of $4,079,543, represents an Increase of $510,960 or 14.3% compared to sales of $3,568,583 in the same period...

EDF announces the success of its senior multi-tranche green bond issue for a nominal amount of 310 million Swiss Francs On 21 August 2024, EDF (BBB positive S&P / Baa1 stable Moody’s / BBB+ stable Fitch) successfully raised 310 million Swiss francs in 2 tranches of senior Green Bonds:CHF 155 million bond, with a 5-year maturity and a 1.5650% fixed coupon; CHF 155 million bond, with a 8-year maturity and a 1.7425% fixed coupon.An amount equal to the net proceeds of the Bonds will be used to finance and/or refinance investments as defined in EDF’s Green Financing Framework (1) and aligned with the European taxonomy to renewable energy and hydro power projects. This transaction enables EDF to finance its strategy and objective to contribute to achieving carbon neutrality by 2050. The EDF Group is a key player in the energy transition,...