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Month: September 2024

Powell Max Limited Announces Pricing of Initial Public Offering

HONG KONG, Sept. 05, 2024 (GLOBE NEWSWIRE) — Powell Max Limited (Nasdaq: PMAX) (the “Company” or “Powell Max”), a financial communications services provider headquarted in Hong Kong, today announced the pricing of its initial public offering (the “Offering”) of 1,426,750 Class A Ordinary Shares (the “Shares”) at a public offering price of $4 per Share. The Company expects to receive aggregate gross proceeds of $5,707,000 from the Offering, before deducting underwriting discounts and other offering expenses. In addition, the Company has granted the Underwriter a 45-day option to purchase up to an additional 214,012 Shares at the public offering price, less underwriting discounts. The Shares are expected to being trading on the Nasdaq Capital Market on September 5, 2024, under the symbol “PMAX.” The Offering is expected to close...

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Baltic Horizon Fund publishes its pre-contractual disclosure under SFDR

Baltic Horizon Fund publishes its pre-contractual disclosure under article 8 or EU’s Sustainable Finance Disclosure Regulation (SFDR) (2019/2088). The disclosure is attached and can also be found on the Fund’s website at https://www.baltichorizon.com/esg/sfdr-disclosures/. The Estonian translation of the disclosure will be made available on the Baltic Horizon Fund website https://www.baltichorizon.com/et/esg/jatkusuutlikkusega-seotud-avalikustatav-teave/ by 12 September 2024. For additional information, please contact: Tarmo Karotam Baltic Horizon Fund manager E-mail tarmo.karotam@nh-cap.com www.baltichorizon.com Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. Both the Fund and the Management Company are supervised...

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Baltic Horizon Fund publishes its pre-contractual disclosure under SFDR

Baltic Horizon Fund publishes its pre-contractual disclosure under article 8 or EU’s Sustainable Finance Disclosure Regulation (SFDR) (2019/2088). The disclosure is attached and can also be found on the Fund’s website at https://www.baltichorizon.com/esg/sfdr-disclosures/. The Estonian translation of the disclosure will be made available on the Baltic Horizon Fund website https://www.baltichorizon.com/et/esg/jatkusuutlikkusega-seotud-avalikustatav-teave/ by 12 September 2024. For additional information, please contact: Tarmo Karotam Baltic Horizon Fund manager E-mail tarmo.karotam@nh-cap.com www.baltichorizon.com Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. Both the Fund and the Management Company are supervised...

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Compass UOL Announces New Start-up Team

The company welcomes Todd Perrine as Head of Start-up and SMB Sales in the U.S. and Canada SAN FRANCISCO, Sept. 05, 2024 (GLOBE NEWSWIRE) — Compass UOL, a member of AI/R, the AI/Revolution Group, announced that it has created a new Start-up and Small and Medium Business (SMB) sales team in the U.S. with the acquisition of OakRocket and Dao Jensen as President of Compass UOL AWS Business Unit in the U.S., to expand its presence in the North American market, particularly within the Amazon Web Services (AWS) ecosystem. The team’s objective is to collaborate closely with Compass UOL’s AWS Alliance, Marketing, and Pre-Sales teams to drive significant revenue growth and solidify the company’s leadership position in generative AI solutions to the Startup and SMB market. “We are advancing with the Compass UOL’s go-to-market...

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Invesco Ltd: Form 8.3 – REA Group Ltd; Public Dealing Disclosure

FORM 8.3 PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION     (a) Full name of discloser: Invesco Ltd.  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree REA Group Ltd  (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable date prior to...

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Alpha FMC completes acquisition of White Marble Consulting

LONDON, Sept. 05, 2024 (GLOBE NEWSWIRE) — Alpha Financial Markets Consulting (“Alpha”), a leading global provider of specialist consulting services to the financial services industry, has acquired White Marble Consulting (“White Marble”), a specialist marketing consultancy firm to asset management, wealth management and alternatives clients. The full management team of White Marble will be joining the Alpha Group as part of the transaction. Founded in London in 2014 by Twink Field, White Marble has a team of 28 industry specialists across the UK and North America. White Marble brings a very strong track record of delivering marketing services to asset management, wealth management and alternatives clients, and a highly complementary client base. The addition of White Marble extends the Group’s specialist sector-focussed offering,...

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Freight Technologies Reports Strong Preliminary 2024 Mid-Year Results and Announces Exciting Advances in its Product Offerings

Revenue Growth, Enhanced Profit Margins, and Strategic Software Innovations Highlight Mid-Year Performance HOUSTON, Sept. 05, 2024 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced its preliminary financial results for the first half of 2024, which concluded on June 30, 2024, as well as provided an update on the advancement of its software offerings. Fr8Tech achieved a notable revenue increase of 6.6% year-over-year, reaching approximately $8.1 million for the first half of 2024. Further, revenue from the Fr8Fleet business grew over 100% compared to the previous year, driven by an 82% jump in shipments. The...

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STEALTHGAS INC. Reports Second Quarter and Six Months 2024 Financial and Operating Results

ATHENS, Greece, Sept. 05, 2024 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter and six months ended June 30, 2024. OPERATIONAL AND FINANCIAL HIGHLIGHTSAll-time record quarterly Net Income of $25.8 million for the second quarter of 2024, a 145.8% increase compared to last year’s second quarter, corresponding to a basic EPS of $0.70. Revenues increased by 13.9% compared to the same period of last year to $41.8 million. Voyage and operating expenses decreased by 10% and Income from operations increased by 59.5% compared to the same period of last year. Further increased period coverage. About 85% of fleet days for remainder of 2024 are...

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CSW Industrials Announces Upsize and Pricing of Public Offering of Common Stock

DALLAS, Texas, Sept. 05, 2024 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI) today announced the upsize and pricing of its previously announced underwritten registered public offering of its common stock. The size of the offering increased from the previously announced 1,000,000 shares to 1,100,000 shares of the company’s common stock at a price to the public of $285 per share, for gross proceeds of approximately US$313.5 million, before the underwriting discount and estimated offering expenses. Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 165,000 shares of its common stock at the public offering price less the underwriting discount. The offering is expected to close on or about September 6, 2024, subject to market and other customary closing conditions. The Company...

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TerrAscend to Participate in the ATB Capital Markets 2024 Life Sciences Institutional Investor Conference on September 18th in NYC

TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced that its executive management team will participate in the ATB Capital Markets 2024 Life Sciences Institutional Investor Conference being held on September 18, 2024 in New York City. Jason Wild, Executive Chairman, will participate in a panel discussion, “Regulatory Ripples, Market Impacts: How Cannabis Reform Will Impact Valuations and Investor Engagement”, alongside Dan Ahrens, Chief Operating Officer of Advisor Shares and moderated by Frederico Gomes, Director of Institutional Research in Life Sciences at ATB Capital markets, on Wednesday, September 18th at 8:00 AM ET. Management including Mr. Wild, Ziad Ghanem, Chief Executive Officer, and Keith Stauffer,...

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