Month: September 2024
Enters Asset Purchase Agreement with Existing Lenders
Commences Voluntary Chapter 11 Cases to Facilitate Efficient Sale; Expects to Complete Process in the Fourth Quarter of 2024
Secures Commitment of Approximately $122 Million in Debtor-in-Possession Financing
Continues to Serve Customers as Usual with Leading Technology-Enabled Digital Performance Advertising Solutions
CLEARWATER, Fla., Sept. 11, 2024 (GLOBE NEWSWIRE) — Digital Media Solutions, Inc., (“DMS” or the “Company”), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced it has entered into an asset purchase agreement (the “APA”) with existing lenders (the “Lenders”), including a consortium of leading financial institutions. In addition, the Company has secured an approximately $122 million...
Hepsor Expands in Toronto With a New High Park Residential Development
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Hepsor, together with its partner Elysium Investments, has acquired a development project consisting of 11 properties in downtown Toronto’s High Park area.
High Park is one of Toronto’s most sought-after residential areas, offering abundant greenery, excellent recreational opportunities, and convenient access to public transportation. The development area is planned to feature a high-rise building with rental apartments in two towers, which will help alleviate Toronto’s growing housing shortage.
The High Park development is the fourth similar project in Toronto in which Hepsor has taken a position in the last 18 months. At the same time, High Park is the first project where Hepsor plans to include Estonian private capital investors.
The total investment value of the property and the first phase of the project is approximately...
SIMPPLE Australia won the prestigious ISSA Excellence Awards at the 2024 ISSA Cleaning & Hygiene Expo in Sydney
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SYDNEY, Sept. 12, 2024 (GLOBE NEWSWIRE) — SIMPPLE Australia Pty Ltd, a subsidiary of SIMPPLE Ltd. (NASDAQ: SPPL, “SIMPPLE”, “the Company”) and a leading technology provider in the integrated facility management sector, was announced as the winner of the ISSA Excellence Award (Innovation) for Large Equipment.
As part of the annual awards program organised by the International Sanitary Supply Association (ISSA), the worldwide cleaning industry association recognised the most innovative and high-quality cleaning and facility solutions products and services at this year’s ISSA Cleaning & Hygiene Expo 2024 in Sydney, Australia.
James Yatras, Director of SIMPPLE Australia Pty Ltd, expressed his appreciation, stating, “We are honoured to receive recognition from the Business Intelligence Group for our new range of A.I. spot...
99 Acquisition Group, Inc. to Liquidate
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GAITHERSBURG, MD, Sept. 11, 2024 (GLOBE NEWSWIRE) — 99 Acquisition Group, Inc. (Nasdaq: NNAG) (the “Company”) announced that it will not be able to complete its previously announced business combination with Nava Health MD, Inc. As a result, the Company intends to dissolve and liquidate on or about September 13, 2024. The Company will redeem all of the outstanding public shares of common stock (the “Public Shares”) at an expected per-share redemption price of approximately $10.55.
As of the close of business on September 13, 2024, the Public Shares will be deemed cancelled and will represent only the right to receive the expected per-share redemption price.
In order to provide for the disbursement of funds from the trust account, the Company has instructed the trustee of the trust account to take all necessary actions to liquidate...
B2Gold Reaches Agreement on Terms with Mali Government Relating to the Framework for the Fekola Complex; Approvals for Fekola Regional and Fekola Underground to be Expedited
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VANCOUVER, British Columbia, Sept. 11, 2024 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce that it has agreed to terms (the “Agreement”) with the State of Mali (the “State”) in connection with the ongoing operation and governance of the Fekola Complex, including the development of both the underground project at the Fekola Mine (owned 80% by B2Gold and 20% by the State of Mali) and Fekola Regional. The Fekola Complex is comprised of the Fekola Mine (Medinandi permit hosting the Fekola and Cardinal pits and Fekola underground) and Fekola Regional (Anaconda Area (Bantako, Menankoto, and Bakolobi permits) and the Dandoko permit), which is located approximately 20 kilometers (“km”) from the Fekola Mine. All dollar figures are in United States dollars unless...
Nexus Industrial REIT Announces the Sale of Six Legacy Office Properties, Lease Update and Credit Facility Extension
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TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) is pleased to announce the sale of its 50% ownership interest in six office buildings located in Montreal with gross leasable area of 143,223 square feet (the “Properties”).
“The sale of these legacy office buildings furthers our strategy as a Canada-focused pure-play industrial REIT” said Kelly Hanczyk, CEO of Nexus Industrial REIT.
“Industrial assets now contribute 94% of our NOI on a proforma basis, and our industrial concentration will rise as we complete the disposition of our remaining legacy office and retail portfolios over the coming months. Combined with the sale of certain non-core industrial assets, we are targeting asset sales of approximately $110 million in the second half of 2024.”
The REIT intends to use the net...
Boba Mint Announces CFO Changes
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VANCOUVER, British Columbia, Sept. 11, 2024 (GLOBE NEWSWIRE) — Boba Mint Holdings Ltd. (CSE: TNJ) (“Boba” or the “Company”) today announced that Carmelo Marrelli would be stepping down as Chief Financial Officer of the Company and Rody Lazar would be taking over as Interim Chief Financial Officer.
About Boba Mint Holdings Ltd.
Boba Mint Holdings Ltd. is focused on the development of blockchain mobile games that integrate ERC20 tokens and ERC721 NFTs. Its primary product is a mobile blockchain gaming ecosystem called Tanjea, where gamers collect NFT characters (primarily birds and wolves) in multiple mobile games and use them to earn $TNJ tokens.
Boba Mint is a pioneering blockchain gaming company dedicated to creating immersive, decentralized gaming experiences. Boba Mint has become synonymous with innovation and excellence in...
Ascendis Pharma Receives Orphan Drug Exclusivity in the U.S. for YORVIPATH® (Palopegteriparatide) for the Treatment of Hypoparathyroidism in Adults
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– U.S. FDA Orphan Drug exclusivity provides seven years of market exclusivity for YORVIPATH in the United States for the treatment of hypoparathyroidism in adults
COPENHAGEN, Denmark, Sept. 11, 2024 (GLOBE NEWSWIRE) — Ascendis Pharma A/S (Nasdaq: ASND) today announced that the United States Food & Drug Administration (FDA) has granted Orphan Drug exclusivity to YORVIPATH® (palopegteriparatide, developed as TransCon PTH), providing seven years of market exclusivity for YORVIPATH in the United States for the treatment of hypoparathyroidism in adults. YORVIPATH is a prodrug of parathyroid hormone (PTH [1-34]), administered once daily, designed to provide continuous exposure to released PTH over the 24-hour dosing period. Hypoparathyroidism is a rare endocrine disease caused by insufficient levels of parathyroid hormone that...
Winnebago Industries Highlights Bold and Innovative Model Year 2025 Line Up from its Leading Premium RV Brands at Hershey RV Show
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EDEN PRAIRIE, Minn., Sept. 11, 2024 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor recreation product manufacturer, will highlight its industry-leading lineup of new models and features from premium RV brands, Winnebago, Grand Design RV and Newmar at the Hershey RV Show in Hershey, Pa., Sept. 11-15, 2024. Winnebago Industries will feature nearly 150 new models across its three leading brands, showcasing the latest in technology, design and comfort, allowing consumers to connect with the benefits of the outdoors like never before.
“At Winnebago Industries, our portfolio of premium brands is each unique in its legacy, but united in their promise to elevate every moment outdoors,” said Amber Holm, Winnebago Industries’ Chief Marketing Officer. “Across the Winnebago, Grand Design and Newmar product line-ups,...
Blue Hat Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
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XIAMEN, China, Sept. 11, 2024 (GLOBE NEWSWIRE) — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), today announced that on September 6, 2024, it has received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement from July 25, 2024 through September 5, 2024, as set forth in Nasdaq Listing Rules 5550(a)(2), which require that the closing bid price for the Company’s ordinary shares listed on Nasdaq be maintained at a minimum of US$1.00 and failure to meet it for 30 consecutive business days constitutes a compliance deficiency.
The notification has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company...
