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Month: September 2024

Andretti Acquisition Corp. II Announces the Pricing of $200,000,000 Initial Public Offering

New York, NY , Sept. 05, 2024 (GLOBE NEWSWIRE) — Andretti Acquisition Corp. II (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The Nasdaq Stock Market LLC (“Nasdaq”) and begin trading tomorrow, September 6, 2024, under the ticker symbol “POLEU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed...

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PIMCO Canada Announces Mergers of Certain Closed-end Funds

TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) — PIMCO Canada Corp. (“PIMCO Canada”) today announced its intention to merge three of its existing closed-end funds, PIMCO Tactical Income Fund (TSX: PTI), PIMCO Tactical Income Opportunities Fund (TSX: PTO) and PIMCO Multi-Sector Income Fund (TSX: PIX) (collectively, the “Existing Funds”) into a new closed-end fund that will be created for this purpose. PIMCO Canada expects that the new combined fund may benefit from larger economies of scale and increased liquidity in the secondary market. Based on its current understanding of applicable tax laws and regulations, PIMCO Canada expects that the mergers will be a taxable event for unitholders. More detailed disclosure regarding the income tax considerations of the mergers will be in the information circular that will be available at a later...

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Canoe EIT Income Fund Announces September 2024 Monthly Distribution

CALGARY, Alberta, Sept. 05, 2024 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the September 2024 monthly distribution of $0.10 per unit. Unitholders of record on September 20, 2024, will receive distributions payable on October 15, 2024. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing $17.5 billion in assets across...

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Americold Announces Pricing Terms for $500 Million Senior Unsecured Notes Offering

ATLANTA, GA., Sept. 05, 2024 (GLOBE NEWSWIRE) — Americold Realty Trust, Inc. (NYSE: COLD) (the “Company” or “Americold”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, announced today that its operating partnership, Americold Realty Operating Partnership, L.P., a Delaware limited partnership (the “Operating Partnership”), has priced an underwritten public offering of $500 million of its 5.409% notes due September 12, 2034 (the “Notes”). The Notes, which were priced at 100% of their principal amount to yield 5.409% to maturity, will be fully and unconditionally guaranteed, jointly and severally (the “Guarantees” and, together with the Notes, the “Securities”), by each of the Company,...

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LGI Homes, Inc. Reports August 2024 Home Closings

THE WOODLANDS, Texas, Sept. 05, 2024 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 610 homes in August 2024. As of August 31, 2024, the Company had 132 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 70,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence...

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Traction Uranium Announces Proposed Share Consolidation

CALGARY, Alberta, Sept. 05, 2024 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce that its board of directors has approved a consolidation (the “Consolidation”) of the common shares of the Company (“Common Shares”) on a ten-to-one basis. The Company has 92,609,126 Common Shares outstanding and, if completed, the proposed Consolidation would reduce the issued and outstanding Common Shares to approximately 9,260,912 Common Shares. The Company will issue a subsequent news release, following its filing of all necessary documentation with the Canadian Securities Exchange (“CSE”) in respect of the proposed Consolidation, announcing the effective date of the proposed Consolidation, the new CUSIP and ISIN for the consolidated Common Shares and any other relevant...

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Travere Therapeutics Announces Full FDA Approval of FILSPARI® (sparsentan), the Only Non-Immunosuppressive Treatment that Significantly Slows Kidney Function Decline in IgA Nephropathy

FILSPARI (sparsentan)FILSPARI (sparsentan)FDA approves expanded indication making FILSPARI available to patients with IgA nephropathy (IgAN) at risk of progression; updated label includes data showing long-term durable benefit on proteinuria and kidney function preservation that accrued over two years Conversion to full approval based on results from the PROTECT Study, where FILSPARI delivered superior long-term kidney function preservation compared to the active comparator irbesartan in the only Phase 3 head-to-head trial conducted in IgAN As an oral, non-immunosuppressive and dual acting, once-daily medicine with superior long-term results vs. irbesartan, FILSPARI has the potential to become foundational care in IgAN Company to host conference call September 5, 2024, at 6 p.m. ET SAN DIEGO, Sept. 05, 2024 (GLOBE NEWSWIRE)...

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Brady Corporation increases its dividend to shareholders for the 39th consecutive year

MILWAUKEE, Sept. 05, 2024 (GLOBE NEWSWIRE) — On September 4, 2024, Brady Corporation’s (NYSE: BRC) Board of Directors approved an increase in the annual dividend to shareholders of the Company’s Class A Common Stock from $0.94 per share to $0.96 per share. A quarterly dividend to shareholders of the Company’s Class A Common Stock of $0.24 per share will be paid on October 31, 2024, to shareholders of record at the close of business on October 10, 2024. This dividend represents the 39th consecutive annual increase in dividends.   Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems...

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Nexus Industrial REIT Announces September and October Distributions

TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today the declaration of the September and October 2024 distributions. The REIT will make a cash distribution in the amount of $0.05333 per unit, representing $0.64 per unit on an annualized basis, payable October 15, 2024, to unitholders of record as of September 30, 2024. The REIT will also make a cash distribution in the amount of $0.05333 per unit, representing $0.64 per unit on an annualized basis, payable November 15, 2024, to unitholders of record as of October 31, 2024. About Nexus Industrial REIT Nexus is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada and the...

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AGF Reports August 2024 Assets Under Management and Fee-Earning Assets

TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $49.7 billion as at August 31, 2024.AUM ($ billions) August 31, 2024 July 31, 2024 % ChangeMonth-Over-Month August 31,2023 % Change Year-Over-YearTotal Mutual Fund $28.1 $27.8   $24.4  Exchange-traded funds + Separately managed accounts $2.1 $2.0   $1.3  Segregated accounts and Sub-advisory $6.4 $6.5   $7.1  AGF Private Wealth $8.2 $8.2   $7.4  Subtotal (before AGF Capital Partners AUM and fee-earning assets1) $44.8 $44.5   $40.2  AGF Capital Partners $2.8 $2.7   $0.1  Total AUM $47.6 $47.2 0.8% $40.3 18.1%AGF Capital Partners fee-earning assets1 $2.1 $2.1   $2.0  Total AUM and fee-earning assets1 $49.7 $49.3 0.8% $42.3 17.5%           Average Daily Mutual...

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