Day: January 27, 2025
NEWARK, Del., Jan. 27, 2025 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors declared a regular quarterly dividend on the company’s Class A and Class B Common Stock. The quarterly dividend of $0.3014 is payable February 21, 2025 to shareholders of record at the close of business on February 7, 2025, providing a $1.2056 annualized dividend rate. This is Artesian’s 129th consecutive quarterly dividend paid to shareholders.
About Artesian Resources
Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related business services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing...
The Swiss Helvetia Fund Announces Special Meeting
Written by Customer Service on . Posted in Public Companies.
NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) — The Swiss Helvetia Fund, Inc. (the “Fund”) (NYSE: SWZ) announced today that a special meeting of stockholders will be held on Friday, February 21, 2025 at 11:00 a.m. at the offices of Sullivan & Cromwell LLP, 535 Madison Avenue, New York, New York 10022 to consider proposals to approve (1) the Fund entering into an investment advisory agreement with Bulldog Investors, LLP, and (2) changes to the Fund’s investment objective, strategies, and restrictions in order to expand the types of investments the Fund can make to meet its objective. If shareholders approve all of the proposals, the Board of Directors intends to authorize the sale of substantially all of the Fund’s portfolio securities, and to declare a special cash distribution (consisting largely or entirely of long-term capital...
Tevogen Bio CEO Congratulates Lynne Patton on Being Appointed Deputy Assistant to the President and Director of Minority Outreach
Written by Customer Service on . Posted in Public Companies.
WARREN, N.J., Jan. 27, 2025 (GLOBE NEWSWIRE) — Dr. Ryan Saadi, Chairman and founding CEO of Tevogen Bio (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech, congratulates Lynne Patton on being appointed Deputy Assistant to the President and Director of Minority Outreach.
Ms. Patton will join the Office of Public Liaison and will be responsible for ensuring that President Trump continues to build upon his Election Day support from Blacks, Latinos and Women. Ms. Patton has been one of the Trump family’s longest serving and most trusted aides. Previously, Ms. Patton was the Regional Administrator for Federal Region II at the U.S. Department of Housing and Urban Development (HUD) and Senior Advisor to Secretary Ben Carson. At HUD, Ms. Patton worked tirelessly to bring accountability,...
Climb Channel Solutions Promotes Kim Stevens to CMO and Charles Bass to CAO
Written by Customer Service on . Posted in Public Companies.
EATONTOWN, N.J., Jan. 27, 2025 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) is proud to announce the promotion of two visionary leaders who have been instrumental in shaping the company’s growth and success. Kim Stevens has been elevated to Chief Marketing Officer (CMO), while Charles Bass assumes the newly created role of Chief Alliances Officer (CAO).
These promotions mark a pivotal moment for Climb Channel Solutions as the company kicks off 2025 with unparalleled momentum, bolstered by more than 12 internal promotions announced during the recent Sales Kickoff, themed “Run With Us.”
As the former Vice President of Worldwide Marketing, Kim Stevens has been the driving force behind groundbreaking marketing...
CareCloud Achieves Record-Breaking Shareholder Turnout and Record Yes Votes to Approve Increase in Authorized Shares
Written by Customer Service on . Posted in Public Companies.
SOMERSET, N.J., Jan. 27, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leading provider of healthcare technology and generative AI solutions for medical practices and health systems nationwide, today held its special meeting (“Special Meeting”) of CareCloud’s common stock shareholders. At the Special Meeting, a record-breaking 10.8 million shareholders, representing 85% of the votes cast, approved an amendment to the Company’s Certificate of Incorporation to increase the Company’s authorized shares of common stock from 35 million to 85 million shares.
“We thank our shareholders for their overwhelming support of our proposal,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud.
The detailed voting results are reflected in the Form 8-K to be filed today with the Securities and Exchange...
CTRL Group Limited Announces Full Exercise of Underwriter’s Over-Allotment Option
Written by Customer Service on . Posted in Public Companies.
Kowloon, Hong Kong, Jan. 27, 2025 (GLOBE NEWSWIRE) — CTRL Group Limited (the “Company”) (NasdaqCM: MCTR), an integrated marketing and advertising services provider in Hong Kong specializing in mobile games promotion for the local market, today announced that R.F. Lafferty & Co., Inc., which acted as the representative of the underwriters of the Company’s initial public offering (the “IPO”), has exercised the full over-allotment option and purchased an additional 300,000 ordinary shares of the Company at the IPO price of $4.00 per share. As a result, the Company has raised an aggregate of $9.2 million in gross proceeds, before underwriting discounts and other related expenses, through the issuance of a total of 2,300,000 ordinary shares in the IPO.
R.F. Lafferty & Co., Inc. acted as the representative of the underwriters,...
Kvika banki hf.: The Central Bank of Iceland Resolution Authority approves a resolution plan for Kvika banki and sets the minimum requirement for own funds and eligible liabilities (MREL)
Written by Customer Service on . Posted in Public Companies.
The Central Bank of Iceland Resolution Authority announced today that a resolution plan for Kvika has been approved and thereby a decision on the minimum requirement for own funds and eligible liabilities (MREL) for the bank, in accordance with the Act on Resolution of Credit Institutions and Investment Firms, no. 70/2020.
According to the Resolution Authority’s decision, Kvika’s MREL requirements are 22.0% of Total Risk Exposure Amount (MREL-TREA) and 6.0% of Total Exposure Measure (MREL-TEM). The decision is effective from the date of the announcement, and the bank is already considered to meet the MREL requirements.
For further information, please contact Kvika’s Investor Relations at ir@kvika.is or by phone at +354 540 3200.
HII Closes on Asset Acquisition to Expand Shipbuilding Capacity
Written by Customer Service on . Posted in Mergers And Acquisitions.
Operations Are Underway at Newport News Shipbuilding Charleston Operations
GOOSE CREEK, S.C., Jan. 27, 2025 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today it has closed on its acquisition of an advanced manufacturing facility and assets and begun work at its Newport News Shipbuilding (NNS) — Charleston Operations site in South Carolina.
“HII is committed to going where the labor is to increase shipbuilding capacity and increase throughput for our national security customers,” HII President and CEO Chris Kastner said. “This lets us efficiently add trained talent and state-of-the-art manufacturing capabilities to the urgent job of building ships, making it a unique opportunity to immediately accelerate throughput at Newport News Shipbuilding in support of the Navy and AUKUS.”
HII announced last month its intent to acquire the...
Correction: Form 8.3 – [ International Paper Company]
Written by Customer Service on . Posted in Mergers And Acquisitions.
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION(a) Full name of discloser:
Danske Bank A/S(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
International Paper Company(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening...
United Development Funding Income Fund V Announces Distributions for Q1 2025
Written by Customer Service on . Posted in Dividend Reports And Estimates.
IRVING, Texas, Jan. 27, 2025 (GLOBE NEWSWIRE) — United Development Funding Income Fund V (“UDF V”) announced today that on January 23, 2025, its board of trustees authorized a cash distribution of $2.37 per share payable on February 28, 2025, to shareholders of record at the close of business on February 21, 2025.
About United Development Funding Income Fund V
United Development Funding Income Fund V is a Maryland real estate investment trust. UDF V was formed primarily to generate current interest income by investing in secured loans and producing profits from investments in residential real estate. Additional information about UDF V can be found on its website at www.udfincomefundv.com. UDF V may disseminate important information regarding its operations, including financial information, through social media platforms such as...