Day: November 8, 2024

Clover Leaf Capital Corp. Announces Termination of Merger Agreement, Cancellation of Special Meeting and its Intention to Liquidate

Written by Customer Service on November 8, 2024. Posted in Mergers And Acquisitions.

MIAMI, FL, Nov. 08, 2024 (GLOBE NEWSWIRE) — Clover Leaf Capital Corp. (OTC: CLOE) (the “Company” or “Clover Leaf”), announced today that Clover Leaf and Kustom Entertainment, Inc. (“Kustom Entertainment”) have mutually agreed to terminate their previously announced Agreement and Plan of Merger (the “Merger Agreement”), effective as of November 7, 2024 by entering into a mutual termination and release agreement (the “Termination and Release Agreement”) among Clover Leaf, CL Merger Sub, Inc., Yntegra Capital Investments LLC, Kustom Entertainment and Digital Ally, Inc. The Merger Agreement was dated as of June 1, 2023, as amended on June 24, 2024 and on September 3, 2024. The Termination and Release Agreement terminates the Merger Agreement, which will be described in a Current Report on Form 8-K to be filed by Clover Leaf. In view...

GCM Grosvenor Reports Third Quarter 2024 Earnings Results, with Year-to-Date Fundraising Increasing 34%, and Year-to-Date GAAP Net Income, Fee-Related Earnings and Adjusted Net Income Increasing 16%, 18% and 24%, Respectively, Year-Over-Year

Written by Customer Service on November 8, 2024. Posted in Earnings Releases And Operating Results.

CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today reported its results for the third quarter 2024. GCM Grosvenor issued a detailed presentation of its third quarter ending September 30, 2024 results to the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events. Conference Call A conference call to discuss GCM Grosvenor’s financial results will be held today, Friday, November 8, 2024, at 10:00 a.m. ET. The call will be accessible via public webcast from the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events, and a replay of the live broadcast will be available on the website soon after the call’s completion. The call can also be accessed by...

AMC Networks Inc. Reports Third Quarter 2024 Results

Written by Customer Service on November 8, 2024. Posted in Earnings Releases And Operating Results.

NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) — AMC Networks Inc. (“AMC Networks” or the “Company”) (NASDAQ: AMCX) today reported financial results for the third quarter ended September 30, 2024. Chief Executive Officer Kristin Dolan said: “As we manage this business within a complex and changing environment, we remain focused on our key strategic pillars – programming, partnerships and profitability. During the quarter, we made significant advancements across all three areas. We have generated $293 million of free cash flow year to date and are well on our way to delivering our stated goal of approximately half a billion dollars in cumulative free cash over two years. We also entered into new and enhanced partnerships with major companies like Charter, Netflix, Amazon and others which are driving...

Infortar acquired 100% shareholding in existing subsidiary

Written by Customer Service on November 8, 2024. Posted in Public Companies.

In the course of the intra-group reorganization of AS Infortar, on 8 November 2024, AS Tallink Grupp transferred 34,000 shares of AS Tallink Takso with a nominal value of 6.3 euros, representing 34% of the share capital, to AS Infortar. Following the transaction, AS Infortar will hold 100% of the shares in AS Tallink Takso. The transaction is not treated as a transaction beyond everyday economic activities or a transaction of a significant importance. Transaction is between related parties but does not have a significant impact on the activities of AS Infortar or AS Tallink Grupp. Aktsiaselts Infortar operates in seven countries, the company’s main fields of activity are maritime transport, energy and real estate. Aktsiaselts Infortar owns a 68.47% stake in Aktsiaselts Tallink Grupp, a 100% stake in AS Eesti Gaas and a versatile...

AS Infortar acquires 100% shareholding in AS Tallink Takso

Written by Customer Service on November 8, 2024. Posted in Public Companies.

In the course of the intra-group reorganisation of AS Infortar, on 7 November 2024, AS Tallink Grupp transferred 34,000 shares of AS Tallink Takso with a nominal value of 6.3 euros, representing 34% of the share capital, to AS Infortar. Following the transaction, AS Infortar will hold 100% of the shares in AS Tallink Takso. The transaction is not treated as a transaction beyond everyday economic activities or a transaction of a significant importance. Transaction is between related parties but does not have a significant impact on the activities of AS Infortar or AS Tallink Grupp.Anneli SimmInvestorsuhete juht AS Tallink GruppSadama 510111 TallinnPhone: +372 56157170E-mail Anneli.simm@tallink.ee

AS Infortar acquires 100% shareholding in AS Tallink Takso

Written by Customer Service on November 8, 2024. Posted in Public Companies.

Pineapple Energy Announces Distribution to Contingent Value Rights Holders

Written by Customer Service on November 8, 2024. Posted in Dividend Reports And Estimates.

RONKONKOMA, N.Y., Nov. 08, 2024 (GLOBE NEWSWIRE) — Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced that it will distribute to the holders of its non-transferable Contingent Value Rights (“CVRs”) a payment of $850,269, or $0.35 per CVR. “Since taking the helm, one of our top priorities has been honoring the trust of our investors. Making good on our commitments means meeting our obligations to CSI shareholders through these CVR distributions,” said Scott Maskin, Interim Chief Executive Officer. “Our new leadership team continues to author a new future for Pineapple Energy, with a focus on elevating our corporate governance, properly aligning our cost structure,...

BEN Appoints Walid Khiari as New CFO and COO, Driving Growth and Innovation

Written by Customer Service on November 8, 2024. Posted in Public Companies.

JACKSON, Wyo., Nov. 08, 2024 (GLOBE NEWSWIRE) — Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), a global leader in secure and reliable conversational AI solutions, proudly announces the appointment of Walid Khiari as Chief Financial Officer (CFO) and Chief Operating Officer (COO), effective November 18, 2024. This strategic leadership addition underscores BEN’s commitment to growth, innovation, and financial excellence.Walid Khiari, newly appointed CFO and COO of Brand Engagement Network Inc. With over 20 years of experience in finance, including 15 years as a technology investment banker advising software companies, from high-growth startups to publicly traded giants, Mr. Khiari brings an unmatched depth of expertise in capital raising, mergers and acquisitions, and strategic planning. His extensive experience with firms...

Plains All American Reports Third-Quarter 2024 Results

Written by Customer Service on November 8, 2024. Posted in Earnings Releases And Operating Results.

HOUSTON, Nov. 08, 2024 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported third-quarter 2024 results. Third-Quarter ResultsReported net income attributable to PAA of $220 million and net cash provided by operating activities of $692 millionDelivered solid Adjusted EBITDA attributable to PAA of $659 millionProgressed our efficient growth strategy with a small bolt-on acquisition of a Permian gathering systemExited the quarter with 3.0x leverage ratio, below our target range of 3.25x – 3.75xReceived Moody’s upgrade from Baa3 to Baa2 with stable outlook; now mid-BBB at all three credit rating agenciesResolved remaining material Line 901 claims against Plains with two lawsuit settlements resulting in a $120 million charge to GAAP earnings2024 Guidance...

Rapid Micro Biosystems to Participate in the Stifel 2024 Healthcare Conference

Written by Customer Service on November 8, 2024. Posted in Public Companies.

LEXINGTON, Mass., Nov. 08, 2024 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced that the Company will participate in the Stifel 2024 Healthcare Conference. Rob Spignesi, President and CEO, and Sean Wirtjes, CFO, are scheduled to participate in a 30-minute question-and-answer session with the host analyst on Monday, November 18, 2024 at 11:30 a.m. Eastern Time. A live webcast will be available on the Rapid Micro Biosystems investor relations website at https://investors.rapidmicrobio.com/ and can be accessed here. The webcast will be archived and available for replay after the event. About Rapid Micro...

Day: November 8, 2024

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