Day: December 20, 2024

Procaps Group Announces Key Shareholder and Board Decisions, Committee Restructuring, and Leadership Updates

Written by Customer Service on December 20, 2024. Posted in Public Companies.

MIAMI and BARRANQUILLA, Colombia, Dec. 20, 2024 (GLOBE NEWSWIRE) — Procaps Group, S.A. (NASDAQ: PROC) (“Procaps” or the “Company”), a leading integrated LatAm healthcare and pharmaceutical services company, today announced significant outcomes from its recent Shareholders Meeting and subsequent Board of Directors meeting. These include changes to the Board composition, restructuring of Board committees, and updates to its executive leadership team. The Shareholders Meeting marked an important milestone with the election of new members to the Board of Directors. The newly elected members bring a diverse range of expertise and strategic insight to guide Procaps’ future growth. Newly appointed Board members include:Mr. Alejandro Weinstein, Executive Chairman of the board Mr. Nicolas Weinstein Mr. Ernesto Carrizosa Mr. Jose FrugoneThe...

Gaxos.ai Inc. Announces Closing of $5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

Written by Customer Service on December 20, 2024. Posted in Public Companies.

Roseland, NJ, Dec. 20, 2024 (GLOBE NEWSWIRE) — Gaxos.ai Inc. (Nasdaq: GXAI), (“Gaxos” or the “Company”), a company developing artificial intelligence applications across various sectors, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 1,449,277 shares of its common stock at a purchase price of $3.45 per share. In addition, in a concurrent private placement, the Company issued unregistered warrants to purchase up to 1,449,277 shares of common stock. The warrants have an exercise price of $3.32 per share, are exercisable upon issuance and expire three years following the date of issuance. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The aggregate gross proceeds to the Company...

The Lovesac Company Publishes 2024 ESG Report

Written by Customer Service on December 20, 2024. Posted in Public Companies.

STAMFORD, Conn., Dec. 20, 2024 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World’s Most Adaptable Couch, has released its ESG & Impact Report for the 2024 fiscal year ended February 4, 2024. This report highlights the company’s continued commitment to environmental sustainability, social responsibility, and governance (“ESG”). Shawn Nelson, Chief Executive Officer, stated, “Lovesac’s commitment to sustainability and responsible business practices is at the heart of our operations. We are dedicated to creating products that are Designed for Life, reducing our environmental impact, and fostering a culture of integrity and responsibility. Our ESG pillars of Earth, Love, and Purpose guide us in making decisions that...

Beyond Meat® Releases 2023 ESG Report and LCA Study that Estimates Environmental Benefits of Beyond Steak® Plant-Based Seared Tips When Compared to Pre-Cooked Beef-Based Steak Tips

Written by Customer Service on December 20, 2024. Posted in Public Companies.

EL SEGUNDO, Calif., Dec. 20, 2024 (GLOBE NEWSWIRE) — With a mission to positively impact human health, climate change, constraints on natural resources and animal welfare, Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today released its 2023 ESG Report and announced its Beyond Steak life cycle assessment (LCA) study. Beyond Meat’s 2023 ESG Report covers topics such as health and nutrition, human capital, governance and climate management. The company has expanded its disclosures on climate and its approach to ESG, including a corporate-level GHG inventory across the company’s direct and indirect emissions (Scope 1, 2 and 3), an assessment of climate-related financial risk and opportunity, and an updated ESG materiality analysis. The 2023 ESG Report also includes the results of Beyond Meat’s recently completed...

SigmaTron International, Inc. Reports Financial Results For the Second Quarter of Fiscal 2025

Written by Customer Service on December 20, 2024. Posted in Earnings Releases And Operating Results.

ELK GROVE VILLAGE, Ill., Dec. 20, 2024 (GLOBE NEWSWIRE) — SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company (the “Company”), today reported revenues and earnings for the fiscal quarter ended October 31, 2024. For the three month period ended October 31, 2024, revenues decreased $24 million, or 24 percent, to $74.7 million compared to $98.7 million for the same quarter in the prior year. Net income/(loss) for the three month period ended October 31, 2024 was a loss of $9.5 million compared to break even for the same period in the prior year. Approximately $3.3 million of expenses were recorded during the second quarter related to debt modification, expensing of deferred financing costs and lender warrants after remeasurement. Basic and diluted income/(loss) per share for the three month period...

Teva to Host Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial Results and 2025 Financial Guidance at 8 a.m. ET on January 29, 2025

Written by Customer Service on December 20, 2024. Posted in Public Companies.

TEL AVIV, Israel, Dec. 20, 2024 (GLOBE NEWSWIRE) — Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) announced today that it will issue a press release on its fourth quarter and full year 2024 financial results, as well as on its financial guidance for 2025, on Wednesday, January 29, 2025, at 7:00 a.m. ET. Following the release, Teva will conduct a conference call and live webcast on the same day, at 8:00 a.m. ET. In order to participate, please register in advance here to obtain a local or toll-free phone number and your personal pin. A live webcast of the call will be available on Teva’s website at: https://ir.tevapharm.com/Events-and-Presentations. Following the conclusion of the call, a replay of the webcast will be available within 24 hours on Teva’s website. About Teva Teva Pharmaceutical Industries Ltd....

Xcel Brands, Inc. Announces Third Quarter 2024 Results

Written by Customer Service on December 20, 2024. Posted in Public Companies.

Net loss of $9.2 million for the quarter inclusive of a $6.3 million non-cash charge for contingent obligation, compared with a net loss of $5.1 million for the prior year quarter. Net loss on a non-GAAP basis was $1.3 million for the quarter, representing a 56% improvement from the third quarter of 2023, and $3.4 million for the nine months ended September 30, 2024, representing a 60% improvement from the prior year comparable period. Adjusted EBITDA for the quarter was negative $1.0 million, compared with Adjusted EBITDA of negative $1.4 million for the prior year quarter. Direct Operating Costs and Expenses of $2.8 million for the quarter, a 50% improvement from the prior year quarter.NEW YORK, Dec. 20, 2024 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company...

Ninepoint Partners Announces Estimated December 2024 Cash and Annual Notional Distributions for ETF Series Securities

Written by Customer Service on December 20, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the estimated December 2024 cash distributions and annual notional capital gains distributions for its ETF Series securities. The record date for the distributions is December 31, 2024 for all the ETF Series securities listed in the table below. All distributions are payable on January 8, 2025. Please note that these are estimated amounts only and have been calculated based upon information as of December 13, 2024. The final distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors. For the annual notional capital gains distributions, these will be reinvested in additional units of the respective ETF Series securities and do not include any cash distribution amounts for...

Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Fourth Quarter of 2024

Written by Customer Service on December 20, 2024. Posted in Dividend Reports And Estimates.

Declares Special Dividend of $0.18 per Common Share for 2024 Tax Year CHICAGO, Dec. 20, 2024 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust (“REIT”), announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per common share for the fourth quarter of 2024. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on January 13, 2025, to shareholders of record as of the close of business on December 31, 2024. The board of directors also declared a special cash dividend of $0.18 per common share. The special dividend is required for the Company to remain in compliance with U.S. federal income tax rules for REITs. The amount of the special dividend has been calculated...

SAMFINE CREATION HOLDINGS GROUP LIMITED Announces First Half 2024 Unaudited Financial Results

Written by Customer Service on December 20, 2024. Posted in Earnings Releases And Operating Results.

HONG KONG, Dec. 20, 2024 (GLOBE NEWSWIRE) — SAMFINE CREATION HOLDINGS GROUP LIMITED (Nasdaq: SFHG) (the “Company” or “Samfine”), a printing service provider headquartered in Hong Kong, today announced its unaudited financial results for the six months ended June 30, 2024. Overview:Revenue was HK$81.9 million (US$10.5 million) for the six months ended June 30, 2024, representing an increase of 61.3% from HK$50.8 million for the same period in 2023. Net income was HK$0.8 million (US$106,105) for the six months ended June 30, 2024, as compared with a net loss of HK$3.8 million for the same period in 2023.Six Month Financial Results Ended June 30, 2024 Revenue. Revenue increased by 61.3% to HK$81,934,259 (US$10,493,226) for the six months ended June 30, 2024 from HK$50,800,321 for the six months ended June 30, 2023. The overall...

Day: December 20, 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice