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Month: January 2025

AMG to Announce Fourth-Quarter and Full-Year Results on February 6, 2025

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla., Jan. 31, 2025 (GLOBE NEWSWIRE) — AMG (NYSE: AMG) will report financial and operating results for the fourth quarter and full year ended December 31, 2024 on Thursday, February 6, 2025. A conference call will be held at 8:30 a.m. Eastern time on the same day. In addition to quarterly results, the conference call may include discussion of management’s expectations of future financial and operating results. Jay C. Horgen, President and Chief Executive Officer, Thomas M. Wojcik, Chief Operating Officer, and Dava E. Ritchea, Chief Financial Officer, will host the session. Parties interested in listening to the conference call should dial 1-877-407-8291 (U.S. calls) or 1-201-689-8345 (non-U.S. calls) shortly before the call begins. The conference call will also...

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Beta Bionics Announces Closing of $234.6 Million Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

IRVINE, Calif., Jan. 31, 2025 (GLOBE NEWSWIRE) — Beta Bionics, Inc. (Nasdaq: BBNX), a pioneering leader in the development of advanced diabetes management solutions, today announced the closing of its upsized initial public offering of 13,800,000 shares of common stock, including the full exercise of the underwriters’ option to purchase 1,800,000 additional shares, consisting of 475,000 additional shares from Beta Bionics and 1,325,000 shares from the selling stockholders named in the prospectus, at a price to the public of $17.00 per share. The gross proceeds to Beta Bionics from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Beta Bionics, were approximately $212.1 million. Beta Bionics did not receive any proceeds from any sale of shares by the selling stockholders....

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Prospera Energy Inc. Provides Update on Future Production Reporting Process

CALGARY, Alberta, Jan. 31, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera“, “PEI” or the “Corporation“) Prospera is refining its production reporting process to provide greater consistency and enhanced transparency for shareholders. Moving forward, Prospera will apply the following standardized definitions in all production reporting:Gross Production: Represents Prospera Energy’s working interest (operated or non-operated) before the deduction of royalties, excluding any royalty interests held by Prospera Energy. Net Production: Represents Prospera Energy’s working interest (operated or non-operated) after deducting royalty obligations, including any royalty interests in production or reserves.These standardized terms are as outlined in ASC 51-324. Additionally, Prospera...

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Unitil Completes Purchase of Bangor Natural Gas Company

HAMPTON, N.H., Jan. 31, 2025 (GLOBE NEWSWIRE) — Unitil Corporation (NYSE:UTL) (unitil.com) today announced that it completed the purchase of Bangor Natural Gas Company (“Bangor”), from PHC Utilities, Inc., a subsidiary of Hope Utilities, Inc. The Stock Purchase Agreement (the “Agreement”) between PHC Utilities, Inc. and Unitil was first announced on July 8, 2024. All conditions of the Agreement, including the receipt of approvals from the Maine Public Utilities Commission, were completed as of the closing date. Bangor Natural Gas Company, which began operations in 1998, brings approximately 8,500 customers, 351 miles of distribution pipelines, and nine miles of transmission pipelines to the Unitil system. With the acquisition, Unitil serves approximately 207,000 customers throughout Maine, New Hampshire, and Massachusetts. “Bangor...

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Territorial Bancorp Inc. Announces Fourth Quarter 2024 Results

The Company’s tier one leverage and risk-based capital ratios were 11.68% and 28.96%, respectively, and the Company is considered to be “well-capitalized” at December 31, 2024. Ratio of non-performing assets to total assets of 0.09% at December 31, 2024.HONOLULU, Jan. 31, 2025 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, reported a net loss of $1.72 million, or $0.20 per diluted share, for the three months ended December 31, 2024. Results reflect $1.53 million of pre-tax merger-related expenses. The Board of Directors approved a dividend of $0.01 per share. The dividend is expected to be paid on February 28, 2025, to stockholders of record as of February 14, 2025. Hope Bancorp, Inc. Merger Agreement As previously...

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Life360 to Announce Q4 and Full Year 2024 Financial Results on February 27, 2025

SAN FRANCISCO, Jan. 31, 2025 (GLOBE NEWSWIRE) — Life360, Inc. (Nasdaq: LIF; ASX: 360), the leading family safety and location services company, will release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, February 27, 2025 (U.S. PT) / Friday, February 28, 2025 (AEDT). Following the release, Life360 will host an Investor Conference Call to discuss the results, featuring remarks from Co-Founder and CEO Chris Hulls and CFO Russell Burke, followed by a Q&A session. Investor Conference Call DetailsDate & Time:U.S. Pacific Time (PT): Thursday, February 27, 2025, at 2:30 PM U.S. Eastern Time (ET): Thursday, February 27, 2025, at 5:30 PM Australian Eastern Daylight Time (AEDT): Friday, February 28, 2025, at 9:30 AMFormat: Zoom audio webinar Participation:Investors and...

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Carlyle Credit Income Fund Announces Private Placement of Convertible Preferred Shares and Registered Direct Placement of Common Shares

NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) — Carlyle Credit Income Fund (the “Fund”) (NYSE: CCIF), an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations, has entered into a Purchase Agreement with certain institutional investors for the purchase and sale of approximately 20,000 shares of the Fund’s 7.50% Series C Convertible Preferred Shares due January 2030 (the “Convertible Preferred Shares”), liquidation preference $1,000.00 per share. The Fund expects to receive net proceeds (before expenses) from the sale of the Convertible Preferred Shares of approximately $18.6 million. The offering is expected to close on or about January 31, 2025, subject to the satisfaction of customary closing conditions. The Convertible Preferred Shares pay a quarterly...

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Beyond Oil Expands Footprint to France as it Continues to Drive its Global Expansion Strategy Forward

First Agreement in France Advances Beyond Oil’s European Footprint and Global Growth Strategy VANCOUVER, BC and KIBBUTZ YIFAT, Israel, Jan. 31, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste and enhancing sustainability, is pleased to announce a partnership with FollowFood, a key player in the French food industry. This collaboration represents a significant step forward in Beyond Oil’s European growth, aligning with its strategy to bring sustainable and health-focused innovations to global markets. FollowFood specializes in the import and distribution of innovative solutions and collaborates with a wide range of clients,...

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Pathfinder Bancorp, Inc. Announces Financial Results for Fourth Quarter and Full Year 2024

Fourth quarter results include EPS of $0.69, deposit growth, commercial loan growth, a gain on the sale of its insurance agency, and strong contributions from new and established Pathfinder Bank teams across Central New York OSWEGO, N.Y., Jan. 31, 2025 (GLOBE NEWSWIRE) — Pathfinder Bancorp, Inc. (“Pathfinder” or the “Company”) (NASDAQ: PBHC) announced its financial results for the fourth quarter and year ended December 31, 2024. The holding company for Pathfinder Bank (“the Bank”) earned net income attributable to common shareholders of $4.3 million or $0.69 per share in the fourth quarter of 2024, including a benefit of approximately $1.4 million from a gain on the previously announced sale of its insurance agency, net of taxes and transaction-related expenses. The Company reported a net loss of $4.6 million or $0.75 per share...

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CORRECTION – Postal Realty Trust Declares Fourth Quarter 2024 Dividend

– Increases Dividend for Seventh Consecutive Year – – Provides Tax Characteristics of 2024 Dividends – CEDARHURST, N.Y., Jan. 31, 2025 (GLOBE NEWSWIRE) — This press release is being issued to replace in its entirety a press release issued on January 30, 2025 by Postal Realty Trust, Inc. that contained a typographical error regarding the Section 199A Dividend amount. Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company’s Class A common stock in the amount of $0.2425 per share. This represents a 1.0% increase from the...

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