Day: September 18, 2024

AYR Wellness Announces Changes to Management

MIAMI, Sept. 18, 2024 (GLOBE NEWSWIRE) — AYR Wellness Inc. (“AYR” or the “Company”) (CSE: AYR.A, OTCQX: AYRWF) a leading vertically integrated U.S. multi-state cannabis operator, today announced that, effective today, David Goubert has stepped down as the President and Chief Executive Officer of the Company. Mr. Goubert served as President of the Company from October 12, 2022 and as Chief Executive Officer of the Company from February 13, 2023. The Board of Directors of the Company (the “Board”) thanks Mr. Goubert for his dedication to AYR and wishes him the best in his future endeavours. Appointment of Interim Chief Executive Officer The Board has approved the appointment of Steven M. Cohen as Interim Chief Executive Officer of the Company, effective immediately. Mr. Cohen previously served as outside legal advisor to the Company....

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Uniti Group Inc. Announces Successful Completion of Windstream’s Consent Solicitation for Senior First Lien Notes Due 2028

Windstream’s Indenture Will Now Allow for Collapse of Dual Debt Silos Upon Closing of Planned Merger LITTLE ROCK, Ark., Sept. 18, 2024 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the successful completion of the consent solicitation by Windstream Services, LLC and Windstream Escrow Finance Corp. (collectively, the “Windstream Co-Issuers”), each a subsidiary of Windstream Holdings II, LLC (“Windstream”), to amend the indenture (the “Windstream Indenture”) governing the Windstream Co-Issuers’ 7.750% Senior Secured Notes due 2028 (the “Windstream Notes”). “We are pleased that Windstream has successfully completed its consent solicitation and we value the continued support from both Uniti and Windstream investors and creditors. This consent allows for Windstream’s debt to be portable into a single silo...

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Oliveda International, Inc. Announces Plans to Provide over 1,000 Water Wells in Africa

The water the company doesn’t use in its waterless beauty products it brings to the people of Africa by building water wells SANTA MONICA, CA, Sept. 18, 2024 (GLOBE NEWSWIRE) — Oliveda International, Inc. (OTC Pink: OLVI) today announced that due to the strong growth of its Olive Tree People Inc. subsidiary, the Company intends to build 1,060 water well in the next 10 years in Tanzania, Africa. Olive Tree People Inc. founder and CEO Thomas Lommel announced that from 2025 onwards, 106 water wells will be built annually in the Kilimanjaro region of Tanzania in order to be able to maintain the cycle from tree to beauty due to the strong growth of Olive Tree People in 2024. “We believe in redefining beauty thanks to mother nature,” commented Mr. Lommel. “True beauty means to be ‘re:connected’ to our own nature and being aware of our...

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LeddarTech Unveils Next-Gen ADAS: Introducing the LeddarNavigator at Autosens Europe 2024 in Collaboration With Ficosa From October 8-10, 2024

QUEBEC CITY, Canada, Sept. 18, 2024 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is pleased to join Ficosa Internacional SA (“Ficosa”), a top-tier global provider devoted to the research, development, manufacturing and marketing of advanced technology vision, safety, connectivity and efficiency systems for the motor and mobility sectors, at Autosens Europe in Barcelona from October 8-10, 2024. In 2022, LeddarTech and Ficosa established a strategic collaboration to develop a pioneering Intelligent Parking Assistance system. In 2023, this resulted in the successful integration of LeddarTech’s advanced LeddarVision...

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Fredonia Mining Inc. Announces Private Placement Financing and Intention to Consolidate Outstanding Shares

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA. TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) — Fredonia Mining Inc. (TSXV: FRED) (the “Company” or “Fredonia“) announces it intends to complete a proposed private placement financing (the “Offering“) for total proceeds of up to $1,000,000 consisting of 33,333,333 units of the Company (the “Units“) at a price of $0.03 per Unit. Each Unit will comprise one common share (a “Unit Share“) and one common share purchase warrant (a “Warrant”). Each Warrant will be exercisable to purchase one additional common share (a “Warrant Share”) from...

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Alnesh Mohan Announces Acquisition of Common Shares of Premier Diversified Holdings Inc. Files Early Warning Report

CALGARY, Alberta, Sept. 18, 2024 (GLOBE NEWSWIRE) — Alnesh Mohan (“Alnesh“) announces that he has filed an early warning report (the “Early Warning Report“) under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of the previously announced reverse takeover (the “Transaction” or the “RTO“) whereby Alnesh indirectly acquired shares of Premier Diversified Holdings Inc. (the “Company” or “PDH“). In connection with the RTO (i) AJA Health and Wellness Ltd. (“AJA“) amalgamated with a wholly-owned subsidiary of the Company, 2564858 Alberta Inc., pursuant to the terms of an amalgamation agreement dated June 3, 2024, resulting in an amalgamated Alberta corporation,...

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Sanjeev Parsad Announces Acquisition of Common Shares of Premier Diversified Holdings Inc. Files Early Warning Report

CALGARY, Alberta, Sept. 18, 2024 (GLOBE NEWSWIRE) — Sanjeev Parsad (“Sanjeev“) announces that he has filed an early warning report (the “Early Warning Report“) under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of the previously announced reverse takeover (the “Transaction” or the “RTO“) whereby Sanjeev indirectly acquired shares of Premier Diversified Holdings Inc. (the “Company” or “PDH“). In connection with the RTO (i) AJA Health and Wellness Ltd. (“AJA“) amalgamated with a wholly-owned subsidiary of the Company, 2564858 Alberta Inc., pursuant to the terms of an amalgamation agreement dated June 3, 2024, resulting in an amalgamated Alberta corporation,...

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MPIC Fund I LP Announces Acquisition of Common Shares of Premier Diversified Holdings Inc.; Files Early Warning Report

CALGARY, Alberta, Sept. 18, 2024 (GLOBE NEWSWIRE) — MPIC Fund I LP (“MPIC“) announces that it has filed an early warning report (the “Early Warning Report“) under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of the previously announced reverse takeover (the “Transaction” or the “RTO“) whereby MPIC acquired shares of Premier Diversified Holdings Inc. (the “Company” or “PDH“). In connection with the RTO (i) AJA Health and Wellness Ltd. (“AJA“) amalgamated with a wholly-owned subsidiary of the Company, 2564858 Alberta Inc., pursuant to the terms of an amalgamation agreement dated June 3, 2024, resulting in an amalgamated Alberta corporation, which is a wholly-owned...

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Fanhua Reports First Half 2024 Unaudited Financial Results

GUANGZHOU, China, Sept. 18, 2024 (GLOBE NEWSWIRE) — Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the first half ended June 30, 20241. Financial Highlights for the First Half of 2024: (In thousands, except per ADS data and percentages) 2023H1 (RMB) 2024H1 (RMB) 2024H1(US$) Change % Total net revenues   1,960,377     1,123,178     154,555     (42.7 ) Operating income   146,387     54,910     7,557     (62.5 ) Loss from fair value change   —     (73,761 )   (10,150 )   —   Net income attributable to shareholders   136,967     4,738     653     (96.5 ) Adjusted EBITDA2   178,221     77,665     10,687     (56.4 ) Diluted net income per ADS   2.54     0.09     0.01     (96.5 ) Diluted adjusted EBITDA...

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Disclosure of Voting Rights in IDEX Biometrics to Chair, Morten Opstad – 18 Sep 2024

At the close of business on 18 September 2024, Morten Opstad, chair of the board of IDEX Biometrics, held the following voting rights in IDEX, for the extraordinary general meeting on 23 September 2024. Total 41,982,551 shares or 12.4% of the share capital and vote, including shares held by Mr. Opstad and close relations. Some of the proxies may include voting instructions. Contact personMarianne Bøe, Head of Investor RelationsE-mail: marianne.boe@idexbiometrics.comTel: +47 9180 0186 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity.  Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated...

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