Panel

CENTOGENE Announces Receipt of Nasdaq Notice of Delisting and Intention to Request a Hearing

Retrieved on: 
Wednesday, February 28, 2024

The Staff Determination has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company’s securities.

Key Points: 
  • The Staff Determination has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company’s securities.
  • The Letter stated that unless the Company timely requests a hearing before a Hearings Panel (the “Panel”), the Company would be subject to delisting.
  • Accordingly, the Company intends to timely request a hearing before the Panel.
  • The hearing request will automatically stay any suspension or delisting action pending the hearing and the expiration of any additional extension period granted by the Panel following the hearing.

Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution

Retrieved on: 
Thursday, February 29, 2024

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Veradigm Receives Expected Delisting Notice from Nasdaq

Retrieved on: 
Wednesday, February 28, 2024

Veradigm Inc. (NASDAQ: MDRX), a leading provider of healthcare data and technology products and solutions, announced today that, as expected, it received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Nasdaq Hearings Panel (the “Panel”) has determined to delist the common stock of the Company from Nasdaq (the “Decision”).

Key Points: 
  • Veradigm Inc. (NASDAQ: MDRX), a leading provider of healthcare data and technology products and solutions, announced today that, as expected, it received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Nasdaq Hearings Panel (the “Panel”) has determined to delist the common stock of the Company from Nasdaq (the “Decision”).
  • The Decision indicates that the Company remains noncompliant with Nasdaq Listing Rule 5250(c)(1) and Nasdaq Listing Rule 5620(a).
  • The Company does not intend to request that the Nasdaq Listing and Hearing Review Council review the Decision.
  • The delisting also constitutes a “make-whole fundamental change” under the indenture pursuant to which the Company’s outstanding convertible notes were issued.

NYSE American to Suspend Trading in Viveon Health Acquisition Corp. (VHAQ)

Retrieved on: 
Wednesday, February 21, 2024

The Company had the right to request a review of this delisting determination by the Panel.

Key Points: 
  • The Company had the right to request a review of this delisting determination by the Panel.
  • The Company has a right to a review of the Panel’s decision to delist the Securities by the Committee by making a written request within 15 calendar days of the date of the Panel’s decision.
  • The filing by the Exchange of an application with the Securities and Exchange Commission to delist the Securities is pending completion of all applicable procedures, including any appeal by the Company of the Panel’s decision.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240221845037/en/

NYSE American to Commence Delisting Proceedings Against Bite Acquisition Corp. (BITE)

Retrieved on: 
Tuesday, February 20, 2024

The Company has a right to a review of NYSE Regulation staff’s determination to delist the Securities by the Listings Qualifications Panel of the Committee for Review of the Board of Directors of the Exchange (the “Panel”).

Key Points: 
  • The Company has a right to a review of NYSE Regulation staff’s determination to delist the Securities by the Listings Qualifications Panel of the Committee for Review of the Board of Directors of the Exchange (the “Panel”).
  • Following such appeal and a decision by the Panel, NYSE American or the Company will make an announcement regarding either proceeding with suspension and delisting or continued trading in the Company’s Securities.
  • If the Company does not appeal this determination, NYSE American will announce the date that trading will be suspended.
  • The filing by the Exchange of an application with the Securities and Exchange Commission to delist the Securities is pending completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

NYSE American to Commence Delisting Proceedings Against Catcha Investment Corp (CHAA)

Retrieved on: 
Tuesday, February 20, 2024

NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A ordinary shares of Catcha Investment Corp (the “Company”) — ticker symbol CHAA — from NYSE American.

Key Points: 
  • NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A ordinary shares of Catcha Investment Corp (the “Company”) — ticker symbol CHAA — from NYSE American.
  • The Company has a right to a review of NYSE Regulation staff’s determination to delist the Class A ordinary shares by the Listings Qualifications Panel of the Committee for Review of the Board of Directors of the Exchange (the “Panel”).
  • Following such appeal and a decision by the Panel, NYSE American or the Company will make an announcement regarding either proceeding with suspension and delisting or continued trading in the Company’s Class A ordinary shares.
  • If the Company does not appeal this determination, NYSE American will announce the date that trading will be suspended.

ENTRÉE RESOURCES ANNOUNCES FISCAL YEAR 2023 RESULTS and REVIEWS CORPORATE HIGHLIGHTS

Retrieved on: 
Friday, March 8, 2024

VANCOUVER, BC, March 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its annual operational and financial results for the year ended December 31, 2023.

Key Points: 
  • VANCOUVER, BC, March 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its annual operational and financial results for the year ended December 31, 2023.
  • As at December 31, 2023, 86 Lift 1 Panel 0 draw bells had been opened, including 67 draw bells during 2023.
  • Construction of Primary Crusher 2 commenced in December 2023 and is expected to be completed by the end of 2025.
  • Technical studies for Panels 1 and 2 mine design and schedule optimization were completed by OTLLC during the second quarter 2023.

Retail Automation Market worth $44.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 29, 2024

Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.

Key Points: 
  • Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.
  • Retail automation market for the warehouse segment by implementation type to exhibit the highest market share during the forecast period.
  • Retail automation market for hypermarkets to hold high market share during the forecast period.
  • The retail automation companies includes many major Tier I and II players like Honeywell International Inc. (US), NCR VOYIX Corporation.

Retail Automation Market worth $44.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 29, 2024

Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.

Key Points: 
  • Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.
  • Retail automation market for the warehouse segment by implementation type to exhibit the highest market share during the forecast period.
  • Retail automation market for hypermarkets to hold high market share during the forecast period.
  • The retail automation companies includes many major Tier I and II players like Honeywell International Inc. (US), NCR VOYIX Corporation.

K1 Investment Management, LLC (“K1”) Statement regarding Possible Offer for MariaDB plc (“MariaDB”)

Retrieved on: 
Friday, February 16, 2024

LOS ANGELES, Feb. 16, 2024 (GLOBE NEWSWIRE) -- K1 confirms that it made, on 15 February 2024, a non-binding proposal to the board of directors of MariaDB (the “Board”) to acquire, together with K1’s investment affiliates, all of the issued, and to be issued, share capital of MariaDB at a value of $0.55 per share (the “Possible Offer”). The terms of the Possible Offer represent:-

Key Points: 
  • THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY SUCH OFFER WILL BE MADE.
  • K1 has a high regard for the MariaDB business and looks forward to engaging with MariaDB in connection with the Possible Offer.
  • However, K1 reserves the right to implement the proposal, instead, by way of contractual offer.
  • There can be no certainty that any offer will be made, nor as to the terms on which any such offer might be made.