Month: September 2024
CALGARY, Alberta, Sept. 17, 2024 (GLOBE NEWSWIRE) — Further to TransAlta Corporation’s (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) press release dated August 22, 2024, the Company announced today that after taking into account all election notices received for the conversion of the Cumulative Redeemable Rate Reset Preferred Shares, Series G (the “Series G Shares”) into Cumulative Redeemable Floating Rate Preferred Shares, Series H (the “Series H Shares”), there were only 20,607 Series G Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series H Shares. As a result, none of the Series G Shares will be converted into Series H Shares on September 30, 2024.
About TransAlta Corporation:
TransAlta owns, operates and develops a diverse fleet of electrical...
Alico, Inc. Announces Amendment to its Revolving Line of Credit with MetLife
Written by Customer Service on . Posted in Public Companies.
FORT MYERS, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico”) (Nasdaq: ALCO) announced that, effective September 17 2024, it has amended its Credit Agreement (the “Amendment”) with Metropolitan Life Insurance Company, and New England Life Insurance Company (collectively “MetLife”), which, among other things (i) increases the borrowing capacity under the revolving line of credit (the “RLOC”) from $25 million to $95 million and (ii) now extends the maturity date of the RLOC to May 1, 2034. The RLOC is secured by real property, consisting of approximately 36,800 gross acres of citrus land. In addition, in connection with the Amendment, the Company paid off its current borrowings under the $70 million working capital line of credit, subject to cancellation of its outstanding letters of credit, with Rabo Agrifinance, Inc....
YHN Acquisition I Limited Announces Pricing of $60,000,000 Initial Public Offering
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New York, NY, Sept. 17, 2024 (GLOBE NEWSWIRE) — YHN Acquisition I Limited (the “Company”) announced today that it priced its initial public offering of 6,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and are expected to begin trading tomorrow, Wednesday, September 18, 2024, under the ticker symbol “YHNAU”. Each unit consists of one ordinary share and one right to receive one-tenth of one ordinary share upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “YHNA” and “YHNAR” respectively.
The Company is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase,...
Altamira Therapeutics Announces Pricing of up to $12.0 Million Public Offering
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Hamilton, Bermuda, Sept. 17, 2024 (GLOBE NEWSWIRE) —$4 million upfront with up to an additional $8 million of aggregate gross proceeds upon the exercise in full for cash of milestone-linked warrantsAltamira Therapeutics Ltd. (“Altamira” or the “Company”) (Nasdaq: CYTO), a company dedicated to developing and commercializing RNA delivery technology for targets beyond the liver, today announced the pricing of a public offering of an aggregate of 5,555,556 common shares (or pre-funded warrants in lieu thereof) accompanied by Series A-1 common warrants to purchase up to 5,555,556 common shares and Series A-2 common warrants to purchase up to 5,555,556 common shares, at a combined public offering price of $0.72 per share (or per pre-funded warrant in lieu thereof) and accompanying Series A-1 common warrant and Series A-2 common...
Theratechnologies Announces a Risk of a Temporary Supply Disruption for EGRIFTA SV® in Early 2025
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MONTREAL, Sept. 17, 2024 (GLOBE NEWSWIRE) — Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced a risk of a temporary supply disruption for EGRIFTA SV® (tesamorelin for injection) in early 2025 caused by an unexpected voluntary shutdown of the Company’s contract manufacturer’s facility following an inspection by the US Food and Drug Administration (FDA), as well as the FDA review timeline to resume distribution of the product.
“We are collaborating closely with our manufacturer and other stakeholders and will continue to work with the FDA to resume production of EGRIFTA SV®,” said Paul Lévesque President and CEO at Theratechnologies. “We remain confident that we will avoid any...
Hamilton Thorne Announces Shareholder Approval of Going Private Transaction
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BEVERLY, Mass. and TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd (TSX: HTL) (“Hamilton Thorne” or the “Company”), a leading provider of precision instruments, consumables, software, and services to the Assisted Reproductive Technologies (“ART”), research, and the cell biology fields, today announced that the shareholders of the Company (the “Shareholders“), at a special meeting of Shareholders held earlier today (the “Meeting“), approved a statutory plan of arrangement (the “Transaction“) under the Business Corporations Act (Ontario) involving the Company and Cradle Acquisition ULC (the “Purchaser“), pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of the Company (the “Shares” and each, a “Share“).
A...
Appili Therapeutics Announces Results of Annual and Special Meeting of Shareholders
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HALIFAX, Nova Scotia, Sept. 17, 2024 (GLOBE NEWSWIRE) — Appili Therapeutics Inc. (TSX: APLI; OTCPink: APLIF) (the “Company” or “Appili”), a biopharmaceutical company focused on drug development for infectious diseases and medical countermeasures, today announced the results from its annual and special meeting of shareholders held earlier today.
Based on the proxies received and the vote conducted at the meeting, all tabled resolutions were approved by the shareholders of the Company, including the election of the following directors for the ensuing year: Don Cilla, Brian Bloom, Theresa Matkovits, Juergen Froehlich, Armand Balboni and Prakash Gowd.
Voting results for each director are summarized below:Name of Nominee
Percentage of Votes For
Percentage of Votes AgainstDon Cilla
27,929,188 (94.54%)
1,612,685 (5.46%)Brian...
Becky G and Vita Coco Build New Greenspace in Inglewood, California
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New greenspace at Becky G’s elementary school enhances learning, wellness, and community connectionsBecky G Oak Street GreenspaceBecky G returned to Inglewood today to celebrate the opening of the greenspace with Vita Coco at Oak Street Elementary School.INGLEWOOD, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) — As back to school season ramps up, The Vita Coco Company, Inc. (NASDAQ: COCO) has teamed up with international recording artist, actress, activist, and Vita Coco Brand Ambassador—Becky G—to build a new greenspace at her childhood elementary school in Inglewood, California. The greenspace, opening today at Oak Street Elementary School, is a new initiative of the Company’s social impact program, the Vita Coco Project® (VCP), which focuses on empowering communities.
A proud advocate for her hometown, Becky G returned to...
Swvl Secures $2.6 Million in New Annual Contracts in Saudi Arabia during the Third Quarter of 2024
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DUBAI, United Arab Emirates, Sept. 17, 2024 (GLOBE NEWSWIRE) — Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a leading technology provider for enterprise and government mobility solutions, signed multiple new contracts in Saudi Arabia during the third quarter, contributing $2.6 million in incremental annual contract value, equal to approximately ten percent of Swvl’s 2023 full year revenues. With these latest wins, Swvl’s gross profit in Saudi Arabia grew by six times the amount compared to the first quarter of 2023. This growth aligns with Swvl’s strategic focus on expanding its footprint in Saudi Arabia, its fastest growing market, offering a cutting-edge solution that addresses the transportation needs for both businesses and government entities.
Through these partnerships, Swvl will deliver both fully managed...
Healthy Choice Wellness Corp. Announces Closing of $4.0 Million Initial Public Offering
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HOLLYWOOD, FL, Sept. 17, 2024 (GLOBE NEWSWIRE) — Healthy Choice Wellness Corp. (“HCWC” or the “Company”) (NYSEAM: HCWC), a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives, announced today the closing of its previously announced initial public offering of 400,000 shares of the Company’s Class A common stock, par value $0.001 per share, at an offering price of $10.00 per share, for gross proceeds of approximately $4.0 million, before deducting underwriting discounts and offering expenses (the “Offering”). In addition, HCWC has granted the underwriters a 45-day option to purchase up to an additional 60,000 shares of Class A common stock to cover over-allotments at the initial public offering price, less the underwriting discount.
The shares of Class...
