Plan

Albertsons Companies, Inc. Reports Fourth Quarter and Full Year Results

Retrieved on: 
Monday, April 22, 2024
Online Retail, Retail, Other Retail, Supermarket, Specialty, Food, Beverage, Pharmacy, COVID, Net, Investment, Depreciation, Annual report, Security (finance), Plan, Public expenditure, Life, Face, Government, Growth, Video game

Gross margin rate increased to 28.0% during the fourth quarter of fiscal 2023 compared to 27.8% during the fourth quarter of fiscal 2022.

Key Points: 
  • Gross margin rate increased to 28.0% during the fourth quarter of fiscal 2023 compared to 27.8% during the fourth quarter of fiscal 2022.
  • Interest expense, net was $109.0 million during the fourth quarter of fiscal 2023 compared to $91.6 million during the fourth quarter of fiscal 2022.
  • Other expense, net was $2.4 million during the fourth quarter of fiscal 2023 compared to other income, net of $9.5 million during the fourth quarter of fiscal 2022.
  • Adjusted EBITDA was $915.8 million during the fourth quarter of fiscal 2023 compared to $1,050.2 million during the fourth quarter of fiscal 2022.

Oragenics, Inc. Announces Notification of Noncompliance with Additional NYSE American Continued Listing Standards

Retrieved on: 
Friday, April 19, 2024
Biotechnology, Pharmaceutical, Finance, General Health, Health, Accounting, Professional Services, Other Health, Security (finance), Plan, Notice, Common stock, DSM-IV codes, Letter

Oragenics, Inc. (NYSE American: OGEN), a company focused on developing unique, intranasal pharmaceuticals for the treatment of neurological disorders, today announced that it received a notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) dated April 18, 2024, notifying the Company that it is no longer in compliance with NYSE American continued listing standards.

Key Points: 
  • Oragenics, Inc. (NYSE American: OGEN), a company focused on developing unique, intranasal pharmaceuticals for the treatment of neurological disorders, today announced that it received a notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) dated April 18, 2024, notifying the Company that it is no longer in compliance with NYSE American continued listing standards.
  • Specifically, the letter states that the Company is not in compliance with the continued listing standards set forth in Sections 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide (the "Company Guide").
  • If the NYSE American accepts the Company’s plan, the Company will be able to continue its listing during the Plan period and will be subject to continued periodic review by the NYSE American staff.
  • However, there can be no assurance that the Company will be able to achieve compliance with the NYSE American’s continued listing standards within the required timeframe.

First Trust Energy Infrastructure Fund Declares its Final Common Share Distribution Dates

Retrieved on: 
Friday, April 19, 2024
Finance, Banking, Energy, Professional Services, Other Energy, MLP, New York Stock Exchange, Federal Reserve, Investment, Risk, Policy, Natural gas, Uncertainty, Security (finance), Federal, Plan, Trustee, FTP, AIB (NI), FTA, Internal Revenue Code, Petroleum, Terrorism, ERISA, Infection, Judgement, Hamas, EIP, FINRA, COVID-19, Life insurance

First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared its final common share distribution, payable on May 2, 2024, to shareholders of record as of April 29, 2024.

Key Points: 
  • First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared its final common share distribution, payable on May 2, 2024, to shareholders of record as of April 29, 2024.
  • This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains.
  • The Fund seeks to achieve its investment objectives by investing primarily in securities of companies engaged in the energy infrastructure sector.
  • Energy Income Partners, LLC ("EIP") serves as the Fund's investment sub-advisor and provides advisory services to a number of investment companies and partnerships for the purpose of investing in energy, utility and other energy infrastructure securities.

Kinetik Announces First Quarter Dividend and Financial Results Timing

Retrieved on: 
Thursday, April 18, 2024
Energy, Other Energy, Oil, Gas, Transfer, Dividend, Plan, Central Time Zone, KNTK

Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) has declared a cash dividend of $0.75 per share ($3.00 on an annualized basis) for the first quarter ended March 31, 2024.

Key Points: 
  • Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) has declared a cash dividend of $0.75 per share ($3.00 on an annualized basis) for the first quarter ended March 31, 2024.
  • Kinetik will host its first quarter 2024 results conference call on Thursday, May 9, 2024 at 8:00 am Central Daylight Time (9:00 am Eastern Daylight Time) to discuss first quarter results.
  • Kinetik previously implemented a Dividend Reinvestment Plan (the “DRIP” or the “Plan”) open to all shareholders.
  • Shareholders who own common stock through a broker should consult their broker regarding participation in the Plan.

Six Flags Announces Pricing of $850 Million of 6.625% Senior Secured Notes due 2032

Retrieved on: 
Thursday, April 18, 2024
Tourist Attractions, Theme Parks, Other Entertainment, Entertainment, Travel, Sale, Six Flags, SFTP, Plan, Water, Public expenditure, Senior, Cedar Fair, Regulation, Mergers and acquisitions, Person, Surety, Security (finance)

Six Flags anticipates that the closing of the offering of the Notes will take place on or about May 2, 2024, subject to customary closing conditions.

Key Points: 
  • Six Flags anticipates that the closing of the offering of the Notes will take place on or about May 2, 2024, subject to customary closing conditions.
  • Pursuant to the Merger Agreement, Cedar Fair and Six Flags will each merge with and into HoldCo, with HoldCo continuing as the surviving entity.
  • Prior to the consummation of the Mergers, or in the event the Mergers are not consummated, Six Flags and SFTP will be the co-issuers of the Notes.
  • Any offers of the Notes will be made only by means of a private offering memorandum.

Six Flags Announces Private Offering of $850 Million of Senior Secured Notes

Retrieved on: 
Tuesday, April 16, 2024
Other Entertainment, General Entertainment, Theme Parks, Entertainment, Sale, Six Flags, SFTP, Plan, Water, Public expenditure, Senior, Cedar Fair, Regulation, Mergers and acquisitions, Person, Surety, Security (finance)

Pursuant to the Merger Agreement, Cedar Fair and Six Flags will each merge with and into HoldCo, with HoldCo continuing as the surviving entity.

Key Points: 
  • Pursuant to the Merger Agreement, Cedar Fair and Six Flags will each merge with and into HoldCo, with HoldCo continuing as the surviving entity.
  • The Company intends to apply the net proceeds from the Notes offering towards (i) the principal amounts outstanding under its existing term loan facility and revolving credit facility and (ii) a portion of the outstanding 7.000% Senior Secured Notes due July 1, 2025 issued by SFTP.
  • Prior to the consummation of the Mergers, or in the event the Mergers are not consummated, Six Flags and SFTP will be the co-issuers of the Notes.
  • Any offers of the Notes will be made only by means of a private offering memorandum.

Scholar Rock Reports New Employee Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Friday, April 12, 2024
Biotechnology, Neurology, Health, Pharmaceutical, Cardiology, Rock, Plan, Employment, Pharmaceutical industry

The awards are subject to all terms and conditions and other provisions set forth in the Company’s 2022 Inducement Equity Plan (the “Plan”) and the award agreements thereunder.

Key Points: 
  • The awards are subject to all terms and conditions and other provisions set forth in the Company’s 2022 Inducement Equity Plan (the “Plan”) and the award agreements thereunder.
  • The inducement stock options have an exercise price of $14.50, which is equal to the closing price of Scholar Rock’s common stock on April 8, 2024.
  • Vesting for inducement restricted stock units will be in four equal annual installments.
  • All vesting related to inducement awards is subject to the employees’ continuing service at the Company through the applicable vesting date.

Barclays Plc Digital Transformation Strategy Analysis Report 2024: Innovation Programs, Technology Initiatives, Estimated ICT Budget, and Major ICT Contracts - ResearchAndMarkets.com

Retrieved on: 
Friday, April 12, 2024
Technology, Fintech, Professional Services, Other Technology, PSD2, AI, ICT, Blockchain, Plan, Artificial intelligence, Natural language processing, Digital, Automation, Synthetic media, ESG, Voice recognition, Generative, API, Cryptocurrency

The "Barclays Plc - Digital transformation strategies" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Barclays Plc - Digital transformation strategies" company profile has been added to ResearchAndMarkets.com's offering.
  • This report provides insight into Barclays's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • Experimentation has also supported Barclays teams in keeping pace with the rapidly changing landscape within ESG technologies and will continue to support Barclays' Climate Goals throughout 2024.
  • Launched in April 2018, Barclays UK Ventures focuses on establishing partnerships and acquiring equity stakes in fintech companies.

KIDPIK Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, April 10, 2024
Fashion, Online Retail, Retail, Consumer, Parenting, Children, Sub, Plan, Proxy

Kidpik Corp. (“KIDPIK” or the “Company”), an online clothing subscription-based e-commerce company, today reported its financial results for the fourth quarter and fiscal year 2023 ended December 30, 2023.

Key Points: 
  • Kidpik Corp. (“KIDPIK” or the “Company”), an online clothing subscription-based e-commerce company, today reported its financial results for the fourth quarter and fiscal year 2023 ended December 30, 2023.
  • Pursuant to the Merger, Nina Footwear will become a wholly-owned subsidiary of Kidpik.
  • Cash at the end of the fourth quarter totaled $0.2 million compared to $0.6 million last year.
  • Kidpik will not be holding an earnings call to discuss fourth quarter 2023 or year-end 2023 results, as the Company moves forward with the Merger.

Aker BP: Hanz on stream

Retrieved on: 
Monday, April 22, 2024
SPS, OTCQX, Ivar Aasen, Utsira High, Partnership, Plan, Water, Edvard Grieg, PDO, CO2, NCS, Renewable energy

STAVANGER, Norway, April 22, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) is pleased to announce that production has started from Hanz in the North Sea.

Key Points: 
  • STAVANGER, Norway, April 22, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) is pleased to announce that production has started from Hanz in the North Sea.
  • Hanz is operated by Aker BP, with Equinor and Sval Energy as partners.
  • Hanz is a subsea field development tied into the Ivar Aasen platform about fifteen kilometres further south.
  • Production start from Hanz in 2024 will help us maintain good production from the Ivar Aasen platform," Hersvik adds.