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Day: November 27, 2024

Enerflex Ltd. Provides Update Related to Kurdistan Project

CALGARY, Alberta, Nov. 27, 2024 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today provided an update of a modularized cryogenic natural gas processing facility in Kurdistan (the “EH Cryo project”). As previously announced, during the second quarter of 2024, Enerflex suspended activity at the EH Cryo project, demobilized its personnel and provided its customer with notice of Force Majeure following a fatal drone attack at an adjacent facility. Due to the continuing Force Majeure and circumstances that make it impossible for Enerflex to fulfill its obligations under the EH Cryo project contract, Enerflex today provided its customer with formal notice of termination. As previously announced, Enerflex’s customer has commenced arbitration proceedings against the Company, asserting certain baseless...

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ThreeD Capital Inc. Releases Results For the Three Months Ended September 30, 2024

TORONTO, Nov. 27, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three months ended September 30, 2024. As at September 30, 2024, the Company had cash, investments and digital assets of $43.6 million. As at September 30, 2024, net asset value per share was $0.80 as compared to $0.86 as at June 30, 2024. (See “Use of Non-GAAP Financial Measures” elsewhere) Financial Highlights for the three months ending September 30, 2024 with comparatives:Operating ResultsThree months ended September 30,  2024     2023  Net investment and digital assets gains (losses) $                ...

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Exco Technologies Limited Announces Results for Fourth Quarter and Year Ended September 30, 2024

Record annual Sales of $637.8 million Fourth quarter Sales of $155.4 million, Net Income of $7.7 million and EPS of $0.20 Fourth quarter EBITDA1 of $20.6 million, 13.3% of sales Free Cash Flow1 of $21.7 million for the quarter and $53.8 million for the year Quarterly dividend of $0.105 per common share to be paid December 31, 2024TORONTO, Nov. 27, 2024 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX-XTC) today announced results for its fourth quarter and year ended September 30, 2024. In addition, Exco announced a quarterly dividend of $0.105 per common share which will be paid on December 31, 2024 to shareholders of record on December 17, 2024. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada.  Three Months Ended September 30 Twelve Months EndedSeptember 30(in $ thousands except...

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Launch Two Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing November 29, 2024

New York, NY, Nov. 27, 2024 (GLOBE NEWSWIRE) — Launch Two Acquisition Corp. (Nasdaq: LPBBU) (the “Company”) announced today that, commencing November 29, 2024, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “LPBB” and “LPBBW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “LPBBU.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any...

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Digital Ally, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Lenexa, KS, Nov. 27, 2024 (GLOBE NEWSWIRE) — Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today announced it received a delinquency notification letter from Nasdaq on November 25, 2024, which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the delayed filing of the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Quarterly Report”). The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). This notification has no immediate effect on the listing of the Company’s securities on Nasdaq. Nasdaq has informed the Company that it must submit a plan to regain compliance with respect to the filing requirement by January 24, 2025. If the...

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OneMedNet Announces Receipt of Nasdaq Notice Regarding Delayed Form 10-Q

MINNEAPOLIS, Nov. 27, 2024 (GLOBE NEWSWIRE) — OneMedNet Corporation (Nasdaq: ONMD) (“OneMedNet” or the “Company”), a global provider of clinical imaging innovation and curator of regulatory-grade Imaging Real World Data (“iRWD™”), inclusive of electronic health records, laboratory results and, uniquely, medical imaging, today announced the Company received an expected notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, due to the Company’s failure to timely file its Form 10-Q for the fiscal quarter ended September 30, 2024 (the “New Delinquent Filing”) with the Securities and Exchange Commission (the “SEC”), the Company is not in compliance with Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires...

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Fundamental Global Inc. Declares Cash Dividend on Its 8.00% Cumulative Preferred Stock, Series A 

Mooresville, NC, Nov. 27, 2024 (GLOBE NEWSWIRE) — Fundamental Global Inc. (Nasdaq: FGF) (the “Company” or “Fundamental Global”), formerly known as FG Financial Group, Inc., today announced that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A (the “Preferred Stock”), for the period commencing on September 15, 2024, and ending on December 14, 2024. In accordance with the terms of the Preferred Stock, the board of directors of the Company declared a Preferred Stock cash dividend of $0.50 per share for the period commencing on September 15, 2024, and ending on Decemeber 14, 2024. The dividend is payable on December 15, 2024, to holders of record on December 1, 2024. The Preferred Stock is currently listed on the Nasdaq Stock Market and trades under the ticker symbol “FGFPP”. Fundamental...

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Quanex Building Products Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule

HOUSTON, TEXAS, Nov. 27, 2024 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced plans to release its fourth quarter and full year 2024 results on Thursday, December 12, 2024 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call for Friday, December 13, 2024, at 11:00 a.m. ET (10:00 a.m. CT) to discuss the release.  A link to the live audio webcast will be available on Quanex’s website at http://www.quanex.com in the Investors section under Presentations & Events. Participants can pre-register for the conference call using the following link: https://register.vevent.com/register/BIef39998f168c4cff8d9ed1561cb1cc48 Registered participants will receive an email containing conference call details for dial-in options.  To...

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ARMOUR Residential REIT, Inc. Announces December 2024 Dividend Rate Per Common Share

VERO BEACH, Florida, Nov. 27, 2024 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the December 2024 cash dividend for the Company’s Common Stock. December 2024 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateDecember 2024   $0.24   December 16, 2024   December 30, 2024             Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends are determined at the...

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Windtree Therapeutics Reports Third Quarter 2024 Financial Results and Provides Key Business Updates

WARRINGTON, Pa., Nov. 27, 2024 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or “the Company”) (NasdaqCM: WINT), a biotechnology company focused on advancing early and late-stage innovative therapies for critical conditions, today reported financial results for the third quarter ended September 30, 2024 and provided key business updates. “The third quarter of 2024 was marked with significant progress. We were very pleased with the SEISMiC B study results in early cardiogenic shock showing significant improvement in many measures of cardiac function and blood pressure along with a favorable safety profile in patients with heart failure and cardiogenic shock. There have been four positive Phase 2 studies with over 300 patients treated with istaroxime resulting in a consistent, unique and attractive drug profile across...

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