Day: December 30, 2024
TORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the final 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.
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 December 2024. The additional units will be immediately consolidated so that the number of units outstanding following the distribution will equal the number of units outstanding before the distribution.
The actual taxable amounts of distributions for 2024,...
Daily Journal Corporation Announces Financial Results for Fiscal Year ended September 30, 2024
Written by Customer Service on . Posted in Public Companies.
LOS ANGELES, Dec. 30, 2024 (GLOBE NEWSWIRE) — During fiscal 2024, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $69,931,000 as compared to $67,709,000 in the prior year. This increase of $2,222,000 was primarily from increases in (i) Journal Technologies’ license and maintenance fees of $4,762,000, and other public service fees of $1,577,000, partially offset by decreased consulting fees of $4,690,000, and (ii) the Traditional Business’ advertising revenues of $370,000 and advertising service fees and other of $144,000.
The Traditional Business’ pretax income decreased by $102,000 to $1,579,000 from $1,681,000 in the prior fiscal year. This decrease was primarily resulting from increased merchant discount fees, additional promotional expenses, postage and press repairs and maintenance, partially offset by...
Hampton Financial Corporation Announces 4th Quarter and Full Year Results for 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV:HFC) today announced its financial results for the 4th Quarter and full year of fiscal 2024.
“While our results for the year demonstrate some improvement due to cost control, and the inclusion of or commercial lending business acquisition, the fourth quarter and full year results reflect continued pressures on Revenues and Earnings across our industry that began in the fall of 2022 and continued well into calendar 2024. Capital Markets activity continues to be weaker than expected. On the bright side our commercial lending activities provided some optimism for 2025 and beyond,” said Hampton Executive Chairman & CEO Peter Deeb.
Fourth...
ARCPOINT REACHES AGREEMENT TO SELL 68% OWNERSHIP STAKE IN NON-CORE ASSET
Written by Customer Service on . Posted in Public Companies.
Greenville, South Carolina, Dec. 30, 2024 (GLOBE NEWSWIRE) — ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) reports that it has entered into an agreement for the sale (the “Transaction”) of its 68% share ownership interest in Achieve Behavioral Health Greenville LLC, (“Achieve”) for total consideration of US$480,000. From the total consideration amount, the buyer of ARCpoint’s interest in Achieve will deduct US$120,000 in recognition of net amounts owing between the two parties and make a total cash payment of US$360,000 to ARCpoint. Achieve is a South Carolina company that operates under the brand name Vertical Treatment Centers and provides drug and alcohol addiction treatment services.
ARCpoint President and CEO John Constantine, commented, “The sale of this non-core asset further streamlines our operations and will...
Qifu Technology Provides Updates on Share Repurchase Plans
Written by Customer Service on . Posted in Public Companies.
SHANGHAI, China, Dec. 30, 2024 (GLOBE NEWSWIRE) — Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today provided updates on its share repurchase plans.
On March 12, 2024, the Company’s board of directors (the “Board”) approved a share repurchase plan (the “2024 Share Repurchase Plan”), whereby the Company is authorized to repurchase its American depositary shares (“ADSs”) or Class A ordinary shares with an aggregate value of up to US$350 million during the 12-month period from April 1, 2024. As of December 30, 2024, the Company had utilized substantially all of the total authorized value for the 2024 Share Repurchase Plan. Specifically, the Company had in aggregate purchased 15,110,617 ADSs in the open market for a total amount of US$349,997,661 (inclusive...
The Real Good Food Company Announces Reverse Stock Split
Written by Customer Service on . Posted in Public Companies.
CHERRY HILL, N.J., Dec. 30, 2024 (GLOBE NEWSWIRE) — The Real Good Food Company, Inc. (Nasdaq: RGF) (“Real Good Foods” or the “Company”), a leading health and wellness frozen and refrigerated foods company, announced today that its Board of Directors has approved a 12-to-1 reverse stock split (the “reverse stock split”), of its Class A common stock, par value $0.0001, and Class B common stock, par value $0.0001 (together, the “Common Stock”), effective at 5:00 pm Eastern Time on January 3, 2025 (the “Effective Time”). Beginning on January 6, 2025, at the commencement of trading, the Class A common stock will trade on a split-adjusted basis. The reverse stock split was approved by the Company’s stockholders at a special meeting of stockholders on December 20, 2024, and is being implemented for the purpose of regaining compliance...
Credicorp Ltd. Announces that One of Its Subsidiaries Offers to Purchase 100% of Credicorp Capital Client’s Investments in the ‘Credicorp Capital Factoring Dólares ‘ and ‘Credicorp Capital Factoring Soles’ Funds
Written by Customer Service on . Posted in Public Companies.
Lima, Dec. 30, 2024 (GLOBE NEWSWIRE) — LIMA, PERU, December 30, 2024 – Credicorp Ltd. (“Credicorp”) (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, and Panama, announced today that its subsidiary Credicorp Capital S.A. Sociedad Administradora de Fondos (“Credicorp Capital”), has notified its clients that it has offered to purchase 100% of the value of investments in the Credicorp Capital Factoring Dólares FMIV and Credicorp Capital Factoring Soles FMIV funds. These funds, which had exposure to assets managed by Sartor Administradora General de Fondos S.A. (“Sartor”) in Chile, a third-party fund manager, were impacted by recent regulatory actions and alleged misconduct at Sartor.
To facilitate the purchase process, Credicorp Capital will execute participation...
Global Uranium Corp. Closes C$1,000,000 Charity Flow Through Offering
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
CALGARY, Alberta, Dec. 30, 2024 (GLOBE NEWSWIRE) — Global Uranium Corp. (CSE: GURN | OTCQB: GURFF | FRA: Q3J) (the “Company“) is pleased to announce it has closed the previously announced non-brokered charity flow-through private placement (the “Offering”) of common shares in the capital of the Company (“Shares”) for gross proceeds of C$1,000,000. Pursuant to the Offering, the Company issued 1,000,000 Shares which are intended to qualify as “flow through shares” within the meaning of the Income Tax Act (Canada) (the “Tax Act“).
The gross proceeds from the sale of the Shares will be used to incur “Canadian exploration expenses” on the Company’s projects, including at the Northwest Athabasca Project, that are intended to...
Cartier Completes Private Placement
Written by Customer Service on . Posted in Public Companies.
VAL-D’OR, Quebec, Dec. 30, 2024 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 7,692,308 flow-through common shares at a price of $0.13 per share (the “Flow-Through Shares”) for aggregate gross proceeds of $1,000,000.04 (the “Private Placement”).
Each Flow-Through Share will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) and, in respect of eligible Québec resident subscribers, section 359.1 of the Taxation Act (Québec). The Flow-Through Shares will be renounced with an effective date no later than December 31, 2024 to the initial purchasers of the Flow-Through Shares in an aggregate amount not less than the gross proceeds raised.
In connection with the Private...
NewtekOne, Inc. and Paltalk, Inc. To Hold Conference Call on January 2, 2025, To Discuss the Anticipated January 2, 2025 Closing of the Divestiture of Newtek Technology Solutions, Inc. to Paltalk, Inc.
Written by Customer Service on . Posted in Mergers And Acquisitions.
BOCA RATON, Fla., Dec. 30, 2024 (GLOBE NEWSWIRE) — NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) and Paltalk, Inc. (“Paltalk”) (Nasdaq: PALT) will host a conference call on January 2, 2025, to discuss the anticipated January 2, 2025 closing of Paltalk’s acquisition (the “Acquisition”) of Newtek Technology Solutions, Inc. (“NTS”). Earlier today, Paltalk announced that Paltalk’s shareholders voted to approve proposals required to close the Acquisition, which closing is presently scheduled for January 2, 2025. As previously disclosed, in connection with NewtekOne’s acquisition of Newtek Bank and transition to a financial holding company, NewtekOne made a commitment to the Board of Governors of the Federal Reserve System to divest or terminate the activities of NTS, which manages information technology hardware and software for approximately...