Showcases Robust Development and Commitment to Sustainable Mobility Solutions
MUNICH, Dec. 06, 2024 (GLOBE NEWSWIRE) — The solar technology company Sono Group N.V. (OTCQB: SEVCF) (hereafter referred to as “Sono” or the “Company”, parent company to Sono Motors GmbH or “Sono Motors”) today announced its financial results for the first six months of 2024, highlighting a €60.6 million profit and its recovery following its exit from insolvency earlier this year.
Key financial highlights€60.6 million profit: The profit primarily stemmed from the extinguishment of liabilities, parental guarantee reversal and recapitalization and reconsolidation of Sono Motors.
Operational efficiency: General and administrative expenses decreased significantly from €8.1 million in H1 2023 to €2.9 million in H1 2024, reflecting leaner operations post-restructuring.
Substantial...
Hexagon Purus ASA: Award of restricted share units
Written by Customer Service on . Posted in Public Companies.
Hexagon Purus ASA (“Purus” or “the Company”) has decided to provisionally award up to 10,640,000 Restricted Share Units (“RSUs”) under the Company’s 2025 Long-Term Incentive Program (the “LTIP”). Of the grants, 4,840,000 Units were granted to PDMRs, as further specified in the attached forms.
Each vested RSU will give the holder the right to receive one share in the Company. All Units have an exercise price corresponding to the par value of the shares (NOK 0.10).
The awards are in accordance with the Board of Directors’ remuneration policy for executive management. The Units are non-transferable and will vest in February 2028, subject to continued employment at vesting.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities...
Alaris Equity Partners Announces Its Second Asset Management Transaction
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NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW
CALGARY, Alberta, Dec. 06, 2024 (GLOBE NEWSWIRE) — (all numbers in this release are in US dollars (US$) unless otherwise noted) Alaris Equity Partners Income Trust (the “Trust”) (TSX: AD.UN) is pleased to announce that its wholly-owned subsidiary, Alaris Equity Partners USA, Inc. (collectively with the Trust and its other subsidiaries, “Alaris”) have completed a strategic recapitalization transaction (the “Transaction”) with Ohana Growth Partners, LLC (collectively “Ohana” or the “Company”), a leading Planet Fitness® franchisee. The Transaction brings together Ohana, Alaris and a leading third-party private equity investor (the “Third Party Investor”) in an Alaris controlled partnership....
Absecon Bancorp Declares Fourth-Quarter Cash Dividend of $0.90 Per Share
Written by Customer Service on . Posted in Dividend Reports And Estimates.
ABSECON, N.J., Dec. 06, 2024 (GLOBE NEWSWIRE) — Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.90 per share, payable on December 30, 2024 to shareholders of record as of December 17, 2024.
The First National Bank of Absecon, a nationally chartered bank headquartered in Absecon, New Jersey, has a long history of serving the community since its establishment in 1916. The company is a community bank focused on providing deposit and loan products to retail customers and to small and mid-sized businesses from its primary market area in Atlantic County, New Jersey, and secondary markets consisting of portions...
Extraordinary General Meeting announcement
Written by Customer Service on . Posted in Public Companies.
Amsterdam, December 6, 2024
SBM Offshore announces that the agenda of the Extraordinary General Meeting of Shareholders (EGM) and the invitation for shareholders to attend the EGM have now been published on the Company’s website. The EGM will be held at the Sheraton Amsterdam Airport Hotel, Schiphol Boulevard 101, 1118 BG Amsterdam, the Netherlands on Friday January 17, 2025 at 3.30 p.m. Central European Time.
Corporate Profile
SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy.
More than 7,400 SBMers collaborate worldwide to deliver...
Shepherd Ave Capital Acquisition Corp Announces Closing of Initial Public Offering
Written by Customer Service on . Posted in Public Companies.
Wilmington, DE, Dec. 06, 2024 (GLOBE NEWSWIRE) — Shepherd Ave Capital Acquisition Corporation (NASDAQ: SPHAU) (“SPHA” or the “Company”) announced today that it closed its initial public offering of 8,625,000 units at a price of $10.00 per unit, for aggregate gross proceeds of $86,250,000. The offering size reflects the full exercise of the underwriter’s over-allotment option. Each unit consists of one of the Company’s Class A ordinary shares (the “Class A Ordinary Shares”) and one right (the “Rights”), with each whole right entitling the holder thereof to receive one-fifth (1/5th) of one Class A Ordinary Share upon the consummation of an initial business combination. No fractional rights will be issued upon separation of the units and only whole rights will trade.
The units are listed on the Nasdaq Global Market LLC (“Nasdaq”)...
Notification on transactions concluded by a person associated to a management body of Grigeo Group AB
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Grigeo Group AB has received notifications on transactions in issuer’s securities concluded by a legal entity associated to a management body of Grigeo Group AB (see attachments).
Tomas JozonisChief Executive Officer +370 5 243 58 01AttachmentsNotification on manager transactions 2024 12 03Notification on manager transactions 2024 12 04Notification on manager transactions 2024 12 05
Spineway provides an update on its activities during a webinar – Arrival of a new CFO
Written by Customer Service on . Posted in Public Companies.
Press release
Ecully, December 6, 2024 – 6 p.m.
Spineway provides an update on its activities during a webinarArrival of a new CFO
The Spineway Group, a specialist in innovative implants for the treatment of severe spine disorders, held a webinar on Thursday, December 5, during which Stéphane Le Roux, CEO of Spineway, reviewed the Group’s latest developments and confirmed its roadmap for the coming years.
The webinar was also an opportunity to present the Group’s new Chief Financial Officer, Erwan Martin, who joined Spineway at the beginning of November. A graduate of the TBS Education Management School (Toulouse, France) and holder of an MBA from Warwick University (England), Erwan has more than 20 years of experience as a Chief Financial and Administrative Officer in the medtech and biotech sectors, leading finance teams in companies...
Rapport Therapeutics Presents Data Demonstrating Consistent Association Between Decreases in RNS Measured Long Episodes and Meaningful Reductions in Clinical Seizures
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A 30% reduction in long episodes was shown to be associated with a 50% or greater reduction in clinical seizures in a post-hoc analysis, validating the biomarker for proof-of-concept studies
Change in long episode frequency is the primary endpoint for Rapport’s ongoing Phase 2a proof-of-concept trial in focal epilepsy, with topline data expected in mid-2025
Data from additional studies, including preclinical seizure data and Phase 1 pharmacokinetic and safety trial results, support the potential of RAP-219 as a transformational treatment for patients with focal epilepsy
BOSTON and LOS ANGELES, Dec. 06, 2024 (GLOBE NEWSWIRE) — Rapport Therapeutics, Inc. (Nasdaq: RAPP), a clinical-stage biotechnology company dedicated to the discovery and development of small molecule precision medicines for patients suffering from central nervous...
Initiation of Restructuring Processes for a part of Companies controlled by AUGA group, AB
Written by Customer Service on . Posted in Public Companies.
As announced on 11 November, 2024, AUGA group, AB (hereinafter – the Company) by the decision of the Board initiated the restructuring process of the Company, which was approved by the Extraordinary Meeting of Shareholders of the Company on 4 December, 2024.
Additionally, the Board of the Company recommended to the managers of the group companies controlled by the Company to assess the need to initiate restructuring processes for individual companies of the Company’s group.
The group companies conducted an analysis on the impact of the initiation of the restructuring of the Company on the business continuity and financial situation for a particular company in question. The companies impacted by such a process-initiated negotiations with the creditors on the revision of the terms for the fulfillment of obligations in a contractual...