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Month: September 2024

Clear Blue Closes Convertible Debenture Financing, Raises $2.2M

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 30, 2024 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (TSXV: CBLU) (the “Company“) is pleased to announce that it has successfully closed the second (and final) tranche of its private placement offering (the “Offering“) previously announced on August 6, 2024 and September 4, 2024, in the aggregate principal amount of up to $2,500,000 of unsecured convertible debentures (each, a “Debenture“) at a price of $1,000 per Debenture. The second tranche of the Offering consisted of gross subscriptions of $800,578 in principal debentures, and $2,206,990 collectively across both tranches of the Offering. The Debentures, issued in the second tranche carry the same terms as the...

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D-BOX Technologies Recognized as One of Canada’s Top Growing Companies by The Globe and Mail

Three-year revenue growth of 257% from fiscal 2021 to fiscal 2024 MONTRÉAL, Sept. 30, 2024 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO) a world leader in haptic and immersive entertainment, has been recognized as one of Canada’s Top Growing Companies in The Globe and Mail’s 2024 Report on Business. D-BOX achieved record total revenues of $39.6 million in its fiscal year ended March 31, 2024, representing revenue growth of 257% over the past three fiscal years. D-BOX was also included in a Report on Business magazine feature titled “Supersize me: From fintech to nerdcore to high-tech surveillence, meet 14 of Canada’s Top Growing Companies.” “It is an honour to be acknowledged as one of Canada’s Top Growing Companies,” said Sébastien Mailhot, President and Chief Executive Officer...

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FTAI Aviation Announces Full Redemption of Outstanding 8.25% Fixed to Floating Rate Series A Cumulative Perpetual Redeemable Preferred Shares

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ: FTAI; “FTAI Aviation” or the “Company”) announced today that it will redeem all of the Company’s outstanding 4,180,000 8.25% Fixed-to-Floating Rate Series A Cumulative Perpetual Redeemable Preferred Shares (the “Series A Shares”) at a redemption price equal to $25.00 per Series A Share in cash, plus approximately $1,579,811 of accumulated and unpaid distributions thereon to, but not including, the redemption date of October 30, 2024 (the “Redemption”). The Series A Shares trade under the ticker symbol “FTAIP.” A Notice of Full Redemption for the Series A Shares describing the Redemption procedures was sent to holders of the Series A Shares on September 30, 2024. Additional information related to the Redemption procedures, including copies of the Notice of Full...

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Brown & Brown, Inc. announces 2024 third-quarter earnings release and conference call dates

DAYTONA BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 third-quarter earnings on Monday, October 28, 2024, after the close of the market. On Tuesday, October 29, 2024, J. Powell Brown, Brown & Brown’s president and chief executive officer, and R. Andrew Watts, Brown & Brown’s executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown’s third-quarter 2024 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown’s website at 8:00 a.m. EDT. Simply log on to www.bbinsurance.com and click on “Investor Relations” and then “Calendar of Events.” If you are unable to listen during the live webcast, audio...

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Edible Garden Announces Closing of $5.65 Million Public Offering

BELVIDERE, N.J., Sept. 30, 2024 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced the closing of its previously announced public offering of an aggregate of 15,700,650 shares of its common stock (or pre-funded warrants in lieu thereof), Class A warrants to purchase up to 15,700,650 shares of common stock, and Class B warrants to purchase up to 15,700,650 shares of common stock, at a combined public offering price of $0.36 per share (or $0.35 per pre-funded warrant) and accompanying warrants. The warrants have an exercise price of $0.36 per share, and were exercisable immediately upon issuance. The Class A warrants will expire on the fifth anniversary...

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Celestica Recognized Among Lam Research’s 2024 Supplier Excellence Award Winners

TORONTO, Sept. 30, 2024 (GLOBE NEWSWIRE) — Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, today announced that its Johor, Malaysia operation was honoured with a 2024 Supplier Excellence Award from Lam Research, a global provider of innovative wafer fabrication equipment and services to the semiconductor industry. Recognized from Lam’s ecosystem of thousands of suppliers worldwide, Celestica was one of nine distinguished companies awarded this year for exemplifying Lam’s high standards for scalability, agility, quality, and environmentally sustainable and socially responsible business practices. Winning suppliers were selected for demonstrating excellence in one of five categories:Operational Execution Quality Enabling...

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Radisson Announces Upsize of Previously Announced Private Placement to $6 Million

ROUYN-NORANDA, Québec, Sept. 30, 2024 (GLOBE NEWSWIRE) — Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) (“Radisson” or the “Company”) is pleased to announce that, due to strong demand, including from existing shareholders and institutional investors, its previously announced private placement (the “Offering”), is now oversubscribed. The Company has elected to upsize the Offering for aggregate gross proceeds of C$ 6,000,000 with the proceeds directed towards advancing the exploration and development of the Company’s O’Brien Gold Project located in the Abitibi region of Québec. The Offering will include the sale of the following securities (collectively, the “Securities”):Units of the Company (the “Units”) consisting of one Class A common share (“Common Share”) and one-half of one Common Share purchase warrant...

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Seres Therapeutics Announces Completion of VOWST™ Asset Sale to Société des Produits Nestlé S.A

Transaction supports further development of SER-155, following recent promising clinical data, and other cultivated live biotherapeutics, for multiple medically vulnerable patient populations at high risk of life-threatening bacterial infections Cash received at completion, along with anticipated future deal payments, extends runway into Q4 2025 CAMBRIDGE, Mass., Sept. 30, 2024 (GLOBE NEWSWIRE) — Seres Therapeutics, Inc. (Nasdaq: MCRB), (“Seres” or the “Company”), a leading live biotherapeutics company, today announced that it has completed the previously announced sale of its VOWST business to Société des Produits Nestlé S.A (“SPN”, and with certain of its affiliates, collectively, “Nestlé Health Science”).   “We are pleased to complete the sale of VOWST to Nestlé Health Science, which strengthens our financial position and sharpens...

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SPX Introduces Seventh Annual Sustainability Report

CHARLOTTE, N.C., Sept. 30, 2024 (GLOBE NEWSWIRE) — SPX Technologies, Inc. (NYSE:SPXC) announced today that its seventh annual sustainability report with data covering 2023 is available on the company’s website at (https://www.spx.com/our-company/sustainability-reporting/). Gene Lowe, President and CEO of SPX Technologies commented, “I am pleased to present our latest sustainability report, sharing another year of progress. Sustainability is a key component of our value creation framework, and is embedded into our business system and strategic planning process. Over the past year, we have made considerable progress on our key sustainability initiatives, including the introduction of several new climate conscious solutions for our customers, and a further reduction in our greenhouse gas intensity, where we are ahead of schedule.” About SPX...

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Ellomay Capital Reports Results for the Three and Six Months Ended June 30, 2024

TEL-AVIV, Israel, Sept. 30, 2024 (GLOBE NEWSWIRE) — Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and the USA, today reported unaudited financial results for the three and six month periods ended June 30, 2024. Financial HighlightsTotal assets as of June 30, 2024 amounted to approximately €634.8 million, compared to total assets as of December 31, 2023 of approximately €612.9 million. Revenues1 for the three months ended June 30, 2024 were approximately €11.2 million, compared to revenues of approximately €13.3 million for the three months ended June 30, 2023. Revenues for the six months ended June 30, 2024 were approximately €19.5 million, compared to revenues of approximately €25 million...

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