Day: October 1, 2024

Stock Yards Bancorp Named to Piper Sandler Sm-All Stars: Class of 2024 List for Small-Cap Banks

Regional community bank ranks among top performers nationwide as analyzed by Piper Sandler LOUISVILLE, Ky., Oct. 01, 2024 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, is one of only 30 banks in the U.S. to be named a “Sm-All Star” in Piper Sandler’s annual list of top-performing small-cap banks and thrifts. Piper Sandler, an independent investment bank and research firm, analyzed banks and thrifts nationwide to select the “Class of 2024.” This elite annual list reflects the top banks and thrifts in the industry across a number of metrics including growth, profitability, credit quality and capital strength. “We...

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TC Energy completes spinoff of its Liquids Pipelines business, South Bow Corporation; TC Energy to issue third quarter results on Nov. 7

Company solidifies its position as an industry-leading natural gas infrastructure and power and energy solutions company Third quarter 2024 results to be issued on Nov. 7, 2024 Will demonstrate strategic vision and outlook at Investor Day on Nov. 19, 2024 CALGARY, Alberta, Oct. 01, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it has completed the spinoff of its Liquids Pipelines business into South Bow Corporation (South Bow). “Today is a pivotal moment for TC Energy’s future, one that delivers progress on a strategic priority and our commitment to shareholders to maximize the value of our assets,” said François Poirier, TC Energy’s President and Chief Executive Officer. “We are uniquely positioned as a highly focused natural gas infrastructure...

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Oliveda International, Inc. Subsidiary Olive Tree People Announces Global Expansion

The water the company doesn’t use in its waterless beauty products it brings to the people of Africa by building water wells SANTA MONICA, CA, Oct. 01, 2024 (GLOBE NEWSWIRE) — Oliveda International, Inc. (OTC Pink: OLVI) today announced that due to the rapid and sustained growth of its wholly-owned Olive Tree People Inc. subsidiary since its U.S. launch in early 2023, the company and its waterless movement will go global with planned expansion to Canada, the United Kingdom, and an additional continent. The planned expansion was first announced at an Olive Tree People leaders conference held in Santa Monica, California on September 20-22, 2024. Olive Tree People Founder CEO Thomas Lommel commented, “The number of inquiries in these countries has increased enormously in the past few weeks, and this made the decision very easy for...

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Sify Technologies Ltd. Announces ADS Ratio Change to Be Effective on October 4, 2024

CHENNAI, India, Oct. 01, 2024 (GLOBE NEWSWIRE) — Sify Technologies Ltd. (Nasdaq: Sify) (the “Company”), a leading integrated information communications technology (or ICT) Solutions and Services provider in India, today announces that the previously announced ratio change of its American Depositary Shares (“ADSs”) to equity shares from one (1) ADS representing one (1) equity share to one (1) ADS representing six (6) equity shares (the “ADS Ratio Change”) will become effective on October 4, 2024 (the “Effective Date”). For the Company’s ADS holders, the ADS Ratio Change will have the same effect as a one-for-six reverse ADS split and will have no impact on an ADS holder’s proportional equity interest in the Company, except to the extent that the ratio change would have resulted in an ADS holder owning fractional ADSs. There will...

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Silver Spike Investment Corp. Completes Loan Portfolio Acquisition

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) — Silver Spike Investment Corp. (“SSIC” or the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced the completion of its previously announced acquisition from Chicago Atlantic Loan Portfolio, LLC (“CALP”) of a portfolio of loans (the “CALP Loan Portfolio”) in exchange for newly issued shares of the Company’s common stock (the “Loan Portfolio Acquisition”). As a result of the Loan Portfolio Acquisition, the Company has net assets of approximately $300 million and investments in 28 portfolio companies. In connection with the Loan Portfolio Acquisition, the Company issued 16,605,372 shares of its common stock to CALP. Following the Loan Portfolio Acquisition, CALP and legacy SSIC stockholders own approximately...

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Lead Real Estate Co., Ltd Announces Cash Dividend Payable Sept. 30, 2024

TOKYO, Oct. 01, 2024 (GLOBE NEWSWIRE) — Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or “the Company”), a Japanese real estate developer of luxury residential properties including single-family homes and condominiums across Tokyo, Kanagawa prefecture and Sapporo, today announced that, on June 18, 2024, the Company’s Board of Directors approved a special cash dividend, payable on or about September 30, 2024 to all shareholders of record as of June 30, 2024 (Japan Standard Time), with an American depositary receipt record date of June 28, 2024 (Eastern Time). The dividend, of $0.02 per share, or a total of approximately $286,193, was approved at the Company’s annual general meeting held in September 2024. About Lead Real Estate Co., Ltd Lead Real Estate Co., Ltd is a Japanese developer of luxury residential properties, including...

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Evoke Pharma Announces Proceeds from Existing Warrants and Board Expansion

Nantahala to nominate 2 board seats Portion of the proceeds received from warrants executed at $8.16/share SOLANA BEACH, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) — Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical company focused on developing treatments for gastrointestinal (GI) diseases, with a particular emphasis on GIMOTI® (metoclopramide) nasal spray, announced today that it received approximately $3.0 million in gross proceeds from the amendment and exercise of existing warrants. The approximately $3.0 million in gross proceeds will be used to support working capital and general corporate purposes, including advancing the commercial efforts for GIMOTI. Details of the exercised warrants can be found in the corresponding SEC filing. No new warrants were issued with these transactions which closed on September 30,...

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TerrAscend Closes on Remaining US$26 Million Draw of US$140 Million Debt Financing

Proceeds from second draw used to pay down higher interest Michigan debt TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today announced that certain entities consolidated by the Company (the “Consolidated Entities”) in Michigan have completed the second draw of US$26 million in gross proceeds of the Company’s senior secured term loan (the “Loan”) for total gross proceeds of US$140 million from funds managed by FocusGrowth Asset Management, LP, a leading capital provider to the cannabis sector, along with other members of a loan syndicate, which was previously announced on August 2, 2024 (the “Transaction”). The proceeds from the second draw were used to pay down the Company’s higher interest Michigan debt. The Loan...

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Financial Institutions, Inc. Schedules Third Quarter 2024 Earnings Release and Conference Call

WARSAW, N.Y., Oct. 01, 2024 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank and Courier Capital, LLC, will release results for the third quarter ending September 30, 2024 after the market closes on October 24, 2024. Management will host an earnings conference call and audio webcast on October 25, 2024 at 8:30 a.m. Eastern Time. The call will be hosted by Martin K. Birmingham, President and Chief Executive Officer, and W. Jack Plants II, Chief Financial Officer and Treasurer. The live webcast will be available in listen-only mode on the Company’s website at www.FISI-Investors.com. Within the United States, listeners may also access the call by dialing 1-833-470-1428 and providing the access code 514361. The webcast replay will be available on the Company’s website...

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Repeat: Treatment.com AI to Present at the 2024 Cantech Letter Conference in Toronto, ON

Treatment.com AI CEO, Dr. Essam Hamza, is to present live at 11:00 AM ET on Wednesday, October 9, 2024. VANCOUVER, British Columbia, Oct. 01, 2024 (GLOBE NEWSWIRE) — Treatment.com AI Inc. (CSE: TRUE, OTC: TREIF, Frankfurt: 939) (“Treatment”), a healthcare tech company focused on transforming patient care with AI-driven Clinical insights, is pleased to announce its participation at the upcoming Cantech Letter Investment Conference on Wednesday, October 9, 2024 in Toronto Ontario. Dr. Essam Hamza, CEO of Treatment.com AI , will be attending the conference, delivering an investor presentation and participating in scheduled 1-on-1 meetings with investors at the conference. 2024 Cantech Letter Conference Date: Wednesday, October 9, 2024 ‎Time: 11:00 AM Eastern Time in Track 1 ‎Location: Arcadian Loft, 8th floor, 401 Bay Street, Toronto,...

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