Day: January 17, 2025

ThreeD Capital Inc. Completes Private Placement Financing

Written by Customer Service on January 17, 2025. Posted in Public Companies.

TORONTO, Jan. 17, 2025 (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 that it has increased its previously announced private placement financing (the “Private Placement”) and subsequently closed the Private Placement pursuant to which it has issued an aggregate of 13,040,000 units of the Company (“Units”) in exchange for total gross proceeds of $1,956,000, or $0.15 per Unit. Each Unit issued as part of the Private Placement is comprised of one common share and one common share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder thereof to acquire one common share of the Company at an exercise price...

MediBeacon® Transdermal GFR System Receives FDA Approval to Assess Kidney Function

Written by Customer Service on January 17, 2025. Posted in Public Companies.

Transdermal GFR System (TGFR) is a first-in-kind product for point of care assessment of kidney function in patients with normal or impaired renal function The transdermal GFR (tGFR) methodology has been designed to be effective across the adult population without input of age, weight, sex, gender, race, or ethnicity More than 800 million people have Chronic Kidney Disease (CKD), one of the world’s leading causes of mortality worldwide, with associated deaths increasing over the past two decades1NEW YORK, Jan. 17, 2025 (GLOBE NEWSWIRE) — INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that the U.S. Food and Drug Administration (FDA) has approved the MediBeacon® TGFR for the assessment of kidney function in patients with normal or impaired renal function. The TGFR is comprised of the TGFR Sensor, TGFR...

Uniti Group Inc. Announces Pricing of $589 Million Fiber Securitization Notes Offering

Written by Customer Service on January 17, 2025. Posted in Mergers And Acquisitions.

LITTLE ROCK, Ark., Jan. 17, 2025 (GLOBE NEWSWIRE) — Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC, limited-purpose, bankruptcy remote subsidiaries of Uniti (collectively, the “Issuers”), have priced their offering of $589,000,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $426,000,000 5.9% Series 2025-1, Class A-2 term notes, $65,000,000 6.4% Series 2025-1, Class B term notes and $98,000,000 9.0% Series 2025-1, Class C term notes, each with an anticipated repayment date in April 2030 (collectively, the “Notes”). Collectively, the Notes have a weighted average yield of approximately 6.5%. The Notes will be secured by certain fiber network assets and related customer contracts in the State...

XORTX Announces Change of Auditor

Written by Customer Service on January 17, 2025. Posted in Public Companies.

CALGARY, Alberta, Jan. 17, 2025 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“XORTX” or the “Company”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late stage clinical pharmaceutical company focused on developing innovative therapies to treat progressive kidney disease and gout, announces the Company has changed its auditor from Smythe LLP, Chartered Professional Accountants (“Former Auditor”) to Davidson & Company LLP, Chartered Professional Accountants, (“Successor Auditor”) effective January 16, 2025. XORTX’s board of directors accepted the resignation of the Former Auditor, as of January 16, 2025 and appointed the Successor Auditor as the new auditor of the Company effective January 16, 2025, and to hold office until the close of the Company’s next annual general meeting of shareholders. There were...

Lifecore Biomedical Announces Special Stockholder Meeting

Written by Customer Service on January 17, 2025. Posted in Public Companies.

Company Seeking to Remove Convertible Preferred Stock Exchange Cap to Permit Potential Conversion of Series A Preferred Stock as Contemplated by the Series A Preferred Stock Terms CHASKA, Minn., Jan. 17, 2025 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it intends to hold a special meeting of its stockholders (the “Special Meeting”) on April 10, 2025 (the “Special Meeting Date”), to consider and vote on a proposal to approve, for purposes of complying with Nasdaq Listing Rule 5635(d), the issuance of shares of its common stock, par value $0.001 per share (“Common Stock”) issuable upon conversion of shares of Lifecore’s Series A Convertible Preferred Stock, par value $0.001 per share (the “Convertible...

Mawson Infrastructure Group Inc. Appoints William C. Regan as Chief Financial Officer

Written by Customer Service on January 17, 2025. Posted in Public Companies.

MIDLAND, Pa., Jan. 17, 2025 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, today announced that it has appointed William C. Regan as the Company’s Chief Financial Officer effective January 17, 2025. Rahul Mewawalla, CEO and President, said, “I am excited to have Bill as our Chief Financial Officer and look forward to his future accomplishments. We have also hired other leaders from companies such as Amazon Web Services and Apple, as we continue to transform the company and provide enterprise-class digital infrastructure platforms and compute solutions. I thank Sandy for his many contributions during his tenure....

Blackboxstocks, Inc. and Evtec Aluminium Limited Mutually Agree to Terminate Share Exchange Agreement

Written by Customer Service on January 17, 2025. Posted in Mergers And Acquisitions.

Blackbox is actively pursuing other strategic merger options to enhance stockholder value DALLAS, Jan. 17, 2025 (GLOBE NEWSWIRE) — Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders, announced today that on January 13, 2025 the Company and Evtec Aluminium Limited (“Evtec”) mutually agreed to terminate the Share Exchange Agreement executed on December 12, 2023 and amended on July 1, 2024 which would have resulted in Evtec becoming a wholly owned subsidiary of the Company. The Company will also withdraw its registration statement on form S-4 filed with the Securities and Exchange Commission in connection with the proposed share exchange. Gust Kepler, Chief Executive Officer of Blackbox, commented,...

Meritage Announced 2024 Preliminary Unaudited Results; 2025 Outlook: Accelerating Earning Growth

Written by Customer Service on January 17, 2025. Posted in Public Companies.

GRAND RAPIDS, Mich., Jan. 17, 2025 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise restaurant operator, today reported preliminary financial results for the fourth quarter and fiscal year ended December 29, 2024, ahead of presenting at the Sidoti Micro-Cap Conference. 2024 Fourth Quarter Highlights:Sales increased 0.5% to $168.7 million compared to sales of $167.9 million for the same period last year. Earnings (Loss) from Operations were $(0.1) million compared to $4.8 million for the same period last year. Net Income increased 227% to $5.2 million compared to $1.6 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) increased 40.8% to $13.7 million compared to $9.7 million for the same period last year.2024 Full-Year Highlights:Sales were...

Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results

Written by Customer Service on January 17, 2025. Posted in Public Companies.

ST. JOHN’S, Newfoundland and Labrador, Jan. 17, 2025 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) will release its 2024 financial results on Friday, February 14, 2025. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation’s 2024 annual financial results. Shareholders, analysts, members of the media and other interested parties are invited to listen to the teleconference via the live webcast on the Corporation’s website, www.fortisinc.com/investors/events-and-presentations. Those members of the financial community in Canada and the United States wishing to ask questions during...

Kayne Anderson Energy Infrastructure Fund Announces Tax Characterization of 2024 Distributions

Written by Customer Service on January 17, 2025. Posted in Public Companies.

HOUSTON, Jan. 17, 2025 (GLOBE NEWSWIRE) — KAYNE ANDERSON ENERGY INFRASTRUCTURE FUND ANNOUNCES TAX CHARACTERIZATION OF 2024 DISTRIBUTIONS Houston, TX – January 17, 2025 – Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today the tax characterization of its 2024 distributions.KYN Common Stock Distribution Tax CharacterRecord DatePayable DateAmount QualifiedDividends Non-Dividend Distributions (ROC)1/3/2024 1/10/2024 $0.22 100 % – 4/5/2024 4/12/2024 $0.22 100 % – 6/28/2024 7/8/2024 $0.22 100 % – 9/30/2024 10/7/2024 $0.24 100 % – 11/15/2024 11/29/2024 $0.08 100 % – 12/16/2024 12/31/2024 $0.08 25 % 75 %Additional information regarding the tax characterization of the Company’s 2024 distributions is available at www.kaynefunds.com. This information...

Day: January 17, 2025

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