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Month: March 2025

AGM Group Holdings Inc. Announces Closing of $5.4 Million Offering

Beijing, March 04, 2025 (GLOBE NEWSWIRE) — AGM Group Holdings Inc. (“AGM Holdings” or the “Company”) (NASDAQ: AGMH), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, today announced the closing of its offering of 16,390,000 Class A ordinary shares and accompanying warrants to purchase up to an aggregate of 16,390,000 Class A ordinary shares at a combined offering price of $0.33. The warrants will expire on the fifth anniversary from the date of issuance, will be exercisable immediately at an initial exercise price of $0.33 per share, subject to adjustment upon a one-time reset on the Reset Date (as described in the warrants), and subject to a floor price described therein. The warrants may also be exercised on an alternative cashless basis pursuant to...

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Toei Reefer Line Selects Inmarsat Nexuswave for Evolving Crew and Business Connectivity Needs

The fully managed bonded connectivity service will enable Toei Reefer Line to enhance crew welfare, better serve existing and future operational requirements, and respond to growing demand for real-time data monitoring on board its vesselsToei Reefer Line Selects Inmarsat Maritimes NexuswaveA Toei Reefer Line fishing vessel at seaCARLSBAD, Calif., March 04, 2025 (GLOBE NEWSWIRE) — Inmarsat Maritime, a Viasat company, announced that Toei Reefer Line Ltd, a leading supplier of sashimi-grade tuna, will install NexusWave on board the company’s sophisticated factory vessels to support their evolving crew and business connectivity requirements. To maintain a level of quality consistent with the high expectations of its end customers in the Japanese consumer market, Toei Reefer Line employs specially trained personnel to load...

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Grupo Aeroportuario del Pacifico Reports in February 2025 a Passenger Traffic Increase of 1.6% Compared to 2024

GUADALAJARA, Mexico, March 04, 2025 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for February 2025, compared with February 2024. For February 2025, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 2.6%, compared to February 2024. Guadalajara and Tijuana airports presented an increase in passenger traffic of 5.8% and 2.7%, while Los Cabos and Puerto Vallarta airports presented a decrease of 3.8% and 1.8%, respectively, compared to February 2024. On the other hand, Montego Bay presented a decrease in passenger traffic of 9.6%, compared to February 2024. Domestic Terminal Passengers (in thousands):Airport Feb-24 Feb-25 % Change Jan – Feb 24 Jan – Feb 25 % ChangeGuadalajara 837.2 926.2 10.6% 1,748.9 1,932.4 10.5%Tijuana* 619.3 631.3 1.9% 1,298.1 1,333.4 2.7%Puerto...

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Tenaris completes its USD700 Million Share Buyback Program

LUXEMBOURG, March 04, 2025 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of its USD700 million Share Buyback Program announced on November 10, 2024 (the “Program”). During the Program, which ran from November 11, 2024, to (and including) March 4, 2025, the Company purchased a total of 36,862,132 ordinary shares, representing 3.17% of the total issued share capital at the beginning of the Program, for a total consideration of €668,198,121, or approx. USD700 million. As of March 4, 2025, the Company held in treasury 90,762,598 ordinary shares (including 53,900,466 ordinary shares bought pursuant to the USD 1.2 billion Share Buyback Program), equal to 7.81% of the total issued share capital. Tenaris intends to cancel treasury shares purchased under the Program in...

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Brookfield Wealth Solutions announces Group Capital position of over $16 Billion

Group capital triples over two-year period Financial strength underpins A ratings across life and annuity companies BROOKFIELD, NEWS, March 04, 2025 (GLOBE NEWSWIRE) — Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced its year-end 2024 capital position with over $16 billion of group capital across its regulated insurance subsidiaries and holding companies. This strong capital position underpins the A financial strength ratings assigned to Brookfield Wealth Solutions’ life and annuity companies, and the investment grade ratings for its life and annuity holding company. Brookfield Wealth Solutions’ group capital has tripled from $5.7 billion in 2022 to an estimated $16.1 billion in 2024 through a combination of retained earnings and capital contributions from Brookfield Corporation.  Sachin Shah, CEO, Brookfield Wealth...

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Carbon Done Right Announces Closing of $423,750 Non-Brokered Private Placement

VANCOUVER, BC, March 04, 2025 (GLOBE NEWSWIRE) — Carbon Done Right Developments Inc. (“Carbon Done Right” or the “Company”) (TSXV: KLX) (FSE: Q1C), a leading provider of high-quality carbon credits sourced exclusively from afforestation and reforestation projects developed and owned by the Company, is pleased to announce that it has closed the third and final tranche of its non-brokered private placement that was initially announced on December 20, 2024, and has issued an additional 11,250,000 shares at a price of $0.015 per share, for gross proceeds of $168,750. This brings the total shares issued in the non-brokered private placement to 28,250,000, with total gross proceeds of $423,750.A portion of the Private Placement constitutes a “related party transaction” within the meaning of Exchange Policy 5.9...

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Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of February 28, 2025

HOUSTON, March 04, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of February 28, 2025. As of February 28, 2025, the Company’s net assets were $2.5 billion, and its net asset value per share was $14.60. As of February 28, 2025, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 623% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 477%.    STATEMENT OF ASSETS AND LIABILITIESFEBRUARY 28, 2025   // (UNAUDITED)     (in millions)Investments   $ 3,473.8  Cash...

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SuRo Capital Corp. to Report Fourth Quarter and Fiscal Year 2024 Financial Results on Tuesday, March 11, 2025

NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — SuRo Capital Corp. (“SuRo Capital”) (Nasdaq: SSSS) today announced that it will report its financial results for the quarter and fiscal year ended December 31, 2024 after the close of the U.S. market on Tuesday, March 11, 2025. Management will hold a conference call and webcast for investors at 2:00 p.m. PT (5:00 p.m. ET). The conference call access number for U.S. participants is 866-580-3963, and the conference call access number for participants outside the U.S. is +1 786-697-3501. The conference ID number for both access numbers is 6936935. Additionally, interested parties can listen to a live webcast of the call from the “Investor Relations” section of SuRo Capital’s website at www.surocap.com. An archived replay of the webcast will also be available for 12 months following...

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Hemen sells stake in Golden Ocean to CMB.TECH

Limassol, Cyprus, March 4, 2025 – Hemen Holding Limited (“Hemen”) today announced that it has entered into an agreement to sell 81,363,730 shares in Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”) to CMB.TECH (NYSE: CMBT & Euronext: CMBT) (“CMB.TECH”), for a total consideration of approximately USD 1,179 million (the “Transaction”). The shares represent ca. 40.8%1 of Golden Ocean’s outstanding shares and votes and includes all Hemen’s shares in the Company. The Transaction will not trigger a mandatory takeover bid or similar offer in Bermuda, Norway, the United States, or any other jurisdiction. The Transaction is exempt from registration under the U.S. Securities Act of 1933, as amended. Christakis Theodoulou, Hemen, comments: “Hemen has been the driving force behind...

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CMB.TECH acquires Hemen’s shares in Golden Ocean – Disclosure of large shareholdings

ANTWERP, Belgium, 4 March, 2025 – CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) (“CMB.TECH”) today announced that it, through its wholly-owned subsidiary, CMB.TECH Bermuda Ltd., has entered into a share purchase agreement with Hemen Holding Limited (“Hemen”), for the acquisition of 81,363,730 shares in Golden Ocean Group Limited (“Golden Ocean”) at a price of 14.49 USD per share (the “Transaction”). The shares represent approx. 40.4% of Golden Ocean’s issued share capital (calculated on the basis that Golden Ocean has issued 201,165,621 shares) and approx. 40.8% of Golden Ocean’s outstanding shares with voting rights (calculated on the basis that Golden Ocean has 1,787,328 treasury shares which are excluded from voting on). CMB.TECH did not own any shares or right to shares in Golden Ocean prior to the Transaction. This acquisition...

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