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Day: October 1, 2024

Stryker completes acquisition of Vertos Medical, Inc., expanding interventional pain management solutions

Portage, Michigan, Oct. 01, 2024 (GLOBE NEWSWIRE) — Stryker (NYSE: SYK) announced today that it has completed the acquisition of Vertos Medical Inc., a leader in interventional pain management solutions for chronic lower back pain caused by lumbar spinal stenosis. “The acquisition of Vertos Medical enhances our unique, non-surgical solutions for interventionalists addressing chronic lower back pain, while broadening our presence in ambulatory surgery centers,” said Andy Pierce, Group President, MedSurg and Neurotechnology, Stryker. “We look forward to enabling physicians with the minimally invasive mild® procedure so patients can reclaim their quality of life.” The addition of Vertos Medical’s differentiated portfolio will strengthen Stryker’s impact in interventional solutions to address chronic pain. About StrykerStryker...

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Nicholas Wealth Announces Distribution Yield on $GIAX

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) — Nicholas Wealth, a leading provider of actively managed income ETFs, announced monthly distributions of 24.00% on the Nicholas Global Equity and Income ETF (GIAX). Distribution as of 10/1/2024ETFTicker Distributionper Share DistributionRate * 30-DaySEC Yield** Ex-Date RecordDate PaymentDateGIAX $0.4020 24.00% 0.93% 9/25/2024 9/25/2024 9/26/2024Inception date: 7/29/2024Click here to view standardized performance for GIAX. The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted...

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Emcore Corporation Confirms Receipt of Unsolicited, Non-Binding Proposal from Mobix Labs, Inc.

BUDD LAKE, NJ, Oct. 01, 2024 (GLOBE NEWSWIRE) — EMCORE Corporation (Nasdaq: EMKR) (“Emcore” or the “Company), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today confirmed that it has received an unsolicited, non-binding proposal from Mobix Labs, Inc. (“Mobix”) to acquire all of the Company’s outstanding shares for $3.80 per share in cash. The Company’s Board of Directors continues to evaluate a range of strategic and financial options to enhance shareholder value. The Company’s Board of Directors and management team are committed to acting in the best interests of all shareholders. Consistent with its fiduciary duties and in consultation with the Company’s financial and legal advisors, the Company’s Board of Directors will carefully review Mobix’s proposal to determine...

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Flagship Communities Real Estate Investment Trust Announces Cash Distribution Increase

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX:MHC.U) (TSX:MHC.UN) announced today that its Board of Trustees has approved an approximately 5.0% increase to its monthly cash distribution to unitholders to US$0.0517 per REIT unit or US$0.62 per REIT unit on an annualized basis. The new monthly cash distribution will commence on or about November 15, 2024 to unitholders of record as of the close of business on October 31, 2024. “Our strong operating and financial position has enabled us to increase our monthly cash distribution to unitholders for the fourth consecutive year,” said Kurt Keeney, President and Chief Executive Officer. “We have achieved many significant...

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QuantaSing Announces Declaration of a Special Dividend

BEIJING, Oct. 01, 2024 (GLOBE NEWSWIRE) — QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading lifestyle solution provider empowering adults to live better and longer, today announced that its board of directors (the “Board”) has approved the declaration and distribution of a special dividend (the “Special Dividend”) of US$0.067 per ordinary share (US$0.201 per American depositary share, or ADS). The aggregate amount of the Special Dividend will be approximately US$11 million, which is payable in U.S. dollars and in cash, and will be funded by surplus cash and to be paid out from the share premium account of the Company. The dividends are expected to be paid on or around November 7, 2024 to the holders of the Company’s ordinary shares, and on or around November 15, 2024 to the holders of the ADSs, of...

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Altimmune to Participate in the H.C. Wainwright 8th Annual MASH Virtual Conference

GAITHERSBURG, Md., Oct. 01, 2024 (GLOBE NEWSWIRE) — Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that its Chief Executive Officer, Vipin Garg, Ph.D., and Chief Medical Officer, Scott Harris, M.D., will participate in a fireside chat at the H.C. Wainwright 8th Annual MASH Virtual Conference:Conference: H.C. Wainwright 8thAnnual MASH Virtual Conference   Presenters: Vipin Garg, Ph.D., Chief Executive Officer  Scott Harris, M.D., Chief Medical Officer   Date/Time: Monday, October 7, 2024, at 11:30 a.m. EDTThe session will be webcast and can be accessed by visiting the Events section of the Altimmune website. About Altimmune Altimmune is a clinical-stage biopharmaceutical company focused on developing innovative next-generation peptide-based therapeutics. The Company...

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Stingray Brings the Ultimate Karaoke Experience to VIZIO

Stingray Karaoke now available on VIZIO Smart TVs across the United States MONTREAL, Oct. 01, 2024 (GLOBE NEWSWIRE) — Stingray (TSX: RAY.A; RAY.B), a leading provider of music, video content, business services, and advertising solutions, proudly announces the launch of the Stingray Karaoke app on VIZIO (NYSE: VZIO). Starting today, karaoke fans can access an extensive library of over 100,000 licensed songs directly through the Stingray Karaoke app available on millions of VIZIO Smart TVs. The Stingray Karaoke app offers an intuitive interface that allows users to search for songs by title, artist, lyrics, or genre in more than 30 languages. The app provides several customization options, including the ability to skip, rewind, and fast-forward through songs, toggle background videos, and choose to sing with or without lead vocals....

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Marex Acquires Biofuels Company Dropet

LONDON, Oct. 01, 2024 (GLOBE NEWSWIRE) — Marex Group Plc (NASDAQ: MRX), the diversified global financial services platform, today announces the completion of its acquisition of Dropet, a Spanish biofuels company, expanding its range of renewables products as it continues to grow its global environmental products business. The acquisition is aligned with Marex’s strategy to diversify its business and increase earnings resilience. Dropet offers execution services for both physical and paper biofuels products across Europe, Latin America, the Middle East and Africa. It has more than 18 years’ experience in physical ethanol and related biofuel products, as well as exchange-traded ethanol products. It also operates a successful annual biofuels conference. Acquiring Dropet gives Marex additional capabilities in physical biofuels products...

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Acuity Brands Reports Fiscal 2024 Fourth-Quarter and Full-Year Results

Strong Execution in the Fourth-Quarter Delivered Net Sales Growth, Margin Expansion, and Higher EPS with Significant Cash Flow GenerationIncreased Fiscal Q4 2024 Net Sales 2% to $1.03B Compared to the Prior Year Reported Fiscal Q4 2024 Diluted EPS of $3.77, up 43% Over the Prior Year; Adjusted Diluted EPS of $4.30, up 8% Over the Prior Year Delivered Fiscal 2024 Net Sales of $3.8B, a 3% Decline Compared to the Prior Year Reported Fiscal 2024 Diluted EPS of $13.44, up 25% Over the Prior Year; Adjusted Diluted EPS of $15.56, up 11% Over the Prior Year Generated $619M in Cash Flow from Operations in Fiscal 2024, up 7% Over the Prior YearATLANTA, Oct. 01, 2024 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) (the “Company”), a market-leading industrial technology company, announced net sales of $1.03 billion in...

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Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC] – 30 09 2024 – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A 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: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(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. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree LEARNING TECHNOLOGIES GROUP PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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