777

Columbia Care Announces Closing of US$185 Million Private Placement of 9.50% Senior-Secured First-Lien Notes

Retrieved on: 
Thursday, February 3, 2022
Alternative Medicine, Health, Securities Act of 1933, Public expenditure, CEO, Patient, CSE, NLRB v. Kentucky River Community Care, Inc., Sale, Note, Amber, Goal, 777, Offering, Bookrunner, NEO, Person, Adult, Regulation, Oil, Company, News, FSE, Disclosure, Seed, Tablet, Security (finance), Cannabist Kansai, EU

The 2026 Notes are senior secured obligations of the Company and were issued at 100% of face value.

Key Points: 
  • The 2026 Notes are senior secured obligations of the Company and were issued at 100% of face value.
  • The 2026 Notes accrue interest payable semi-annually in arrears and mature on February 3, 2026, unless earlier redeemed or repurchased.
  • Columbia Care operates 131 facilities including 99 dispensaries and 32 cultivation and manufacturing facilities, including those under development.
  • Columbia Care undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Qatar Airways Signs Order for GE9X Engines to Power Boeing 777-8 Freighters

Retrieved on: 
Monday, January 31, 2022
Air, Technology, Aerospace, Transport, Manufacturing, Other Technology, Software, Aircraft, Growth, Ceramic, 777, Contract, GE9X, IHI Corporation, Airway, Qatar Airways, GE, GE90, Efficiency, Safran Aircraft Engines, MTU Aero Engines, Classy (company), Aviation, SAF, NOx, MRO, Excellency, Aviation biofuel, Boeing 777X, 777-200LR, Industry, Family, History, GE Aviation, Maintenance, Jet fuel, Airline, Boeing

Qatar Airways today announced a new order for GE9X engines as part of its global launch order of up to 50 Boeing 777-8 Freighters.

Key Points: 
  • Qatar Airways today announced a new order for GE9X engines as part of its global launch order of up to 50 Boeing 777-8 Freighters.
  • The commitment includes 30 GE9X engines and four GE90-115B engines, plus GE TrueChoice services.
  • This order is in coordination of Qatar Airways agreement for 34 firm 777-8 orders with an additional 16 purchase right options, and an additional order of two Boeing 777 Freighters.
  • IHI Corporation, Safran Aircraft Engines, Safran Aero Boosters and MTU Aero Engines AG are participants in the GE9X engine program.

Columbia Care to Report Fourth Quarter and Full Year 2021 Results on March 15, 2022

Retrieved on: 
Monday, January 31, 2022
Alternative Medicine, Retail, Health, Agriculture, Natural Resources, Specialty, Pharmaceutical, EST, CSE, NLRB v. Kentucky River Community Care, Inc., Amber, Telephone, 777, NEO, Investor relations, Oil, Company, FSE, Seed, Tablet, Pharmaceutical industry, Mobile phone, Cannabist Kansai, EU

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (Columbia Care or the Company) today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2021 after US financial markets close on Tuesday, March 15, 2022.

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (Columbia Care or the Company) today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2021 after US financial markets close on Tuesday, March 15, 2022.
  • Following the release of financial results, Company management will conduct a conference call at 5:00 p.m. EST to discuss financial and operating results for the fourth quarter and full year of 2021.
  • Columbia Care operates 131 facilities including 99 dispensaries and 32 cultivation and manufacturing facilities, including those under development.
  • In 2021, the company launched Cannabist, its new retail brand, creating a national dispensary network that leverages proprietary technology platforms.

Columbia Care Announces Receipt of Noteholder Consent for Amendment to Trust Indenture to Increase Debt Capacity

Retrieved on: 
Friday, January 21, 2022
Medical Supplies, Finance, Professional Services, Biotechnology, Alternative Medicine, Health, Pharmaceutical, Agriculture, Natural Resources, Amber, SEDAR, FSE, 777, Solicitation, Tablet, Oil, NLRB v. Kentucky River Community Care, Inc., Company, Seed, CSE, Compliance, NEO, Risk, Security (finance), EU, Cannabist Kansai, Indenture, Note

The key amendment significantly increases the Companys borrowing capacity to support growth initiatives.

Key Points: 
  • The key amendment significantly increases the Companys borrowing capacity to support growth initiatives.
  • The proposed Indenture amendments are described in the consent solicitation statement (Solicitation Statement), which was mailed to Noteholders on or about January 10, 2022 and was filed on SEDAR.
  • A supplemental indenture giving effect to the Indenture amendments will be filed on SEDAR following its execution.
  • Columbia Care operates 131 facilities including 99 dispensaries and 32 cultivation and manufacturing facilities, including those under development.

Columbia Care Welcomes Derek Watson as Chief Financial Officer

Retrieved on: 
Tuesday, January 18, 2022
Other Retail, Alternative Medicine, Manufacturing, Professional Services, Health, Specialty, Agriculture, Natural Resources, Other Manufacturing, Retail, Finance, Board, Amber, SEDAR, The Culinary Institute of America, FSE, Treasury, ICAEW, 777, Kingston University, Accounting, Chief commercial officer, Tablet, KPMG, Partner, Schindler Elevator Corporation, MBA, Growth, CEO, Strategic Initiative for Women in the Horn of Africa, Starr Restaurants, Leadership, Pakistan Institute of Public Finance Accountants, Industry, Oil, NLRB v. Kentucky River Community Care, Inc., Information technology, Culinary Institute, Company, Seed, CFO, CSE, Columbia University, Risk management, Taste, Fly, NEO, Risk, Investment, Management, EU, Cannabist Kansai

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (Columbia Care or the Company), one of the largest and most experienced cultivators, manufacturers and providers of medical and adult-use cannabis products in the United States, has hired Derek Watson as Chief Financial Officer.

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (Columbia Care or the Company), one of the largest and most experienced cultivators, manufacturers and providers of medical and adult-use cannabis products in the United States, has hired Derek Watson as Chief Financial Officer.
  • Prior to joining Columbia Care, Derek served as the Chief Financial and Commercial Officer at Tastes on the Fly, a private equity-backed, national consumer retail company based in California.
  • He has also held Chief Financial Officer roles at two other consumer companies, Starr Restaurants and Samba Brands, and as Chief Financial Officer and Vice President of Strategic Initiatives at Schindler Elevator, the U.S. subsidiary of Schindler Holding AG (SCHN.SW).
  • Columbia Care operates 131 facilities including 99 dispensaries and 32 cultivation and manufacturing facilities, including those under development.

LYNC2M Sets to Deliver 41.67 Million Pairs of Nitrile Gloves in February for Its Largest Order in 2022 to Date

Retrieved on: 
Thursday, January 13, 2022
Belt and Road Initiative, Mask, FedEx, Boeing, UPS, DHL, Industry, 777, Belt, Efficiency, France 2, CE, FDA, Transport

Speaking to the order, LYNC2M CEO Paul Wang, said, "When we first started this company, we understood the significance of finding our niche within the industry.

Key Points: 
  • Speaking to the order, LYNC2M CEO Paul Wang, said, "When we first started this company, we understood the significance of finding our niche within the industry.
  • After that, we understood that one of the most important things for Chinese companies is to be in control of their own production and manufacturing capabilities.
  • LYNC2M is an innovative upgrade to the business model of parent company LyncMed's smart data-driven medical platform.
  • It is the first company to integrate cutting-edge technology and order matching into the medical supplies industry via an international and fully digital model.

LYNC2M Sets to Deliver 41.67 Million Pairs of Nitrile Gloves in February for Its Largest Order in 2022 to Date

Retrieved on: 
Thursday, January 13, 2022
Belt and Road Initiative, Mask, FedEx, Boeing, UPS, DHL, Industry, 777, Belt, Efficiency, France 2, CE, FDA, Transport

Speaking to the order, LYNC2M CEO Paul Wang, said, "When we first started this company, we understood the significance of finding our niche within the industry.

Key Points: 
  • Speaking to the order, LYNC2M CEO Paul Wang, said, "When we first started this company, we understood the significance of finding our niche within the industry.
  • After that, we understood that one of the most important things for Chinese companies is to be in control of their own production and manufacturing capabilities.
  • LYNC2M is an innovative upgrade to the business model of parent company LyncMed's smart data-driven medical platform.
  • It is the first company to integrate cutting-edge technology and order matching into the medical supplies industry via an international and fully digital model.

Insights on the Investment Casting Global Market to 2026 - Featuring Signicast, Alcoa and Georg Fischer Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 11, 2022
Aerospace, Manufacturing, Other Manufacturing, Steel, Chemicals, Plastics, Raytheon Technologies, Northrop, COVID-19, 787, Adoption, Motor vehicle, Northrop Grumman, F-35, Industry, 777, Airbus, 737, Bombardier Inc., Aircraft, A220, American Automotive Policy Council, Association, Bombardier, USD, Sodium silicate, De Havilland Canada DHC-6 Twin Otter, Aerospace Industries Association, Sol, Grumman, Sand, Twin, De Havilland Canada, Airline, Boeing

On average, the silica sol investment casting used in automotive or industrial components costs around 6.5 USD/kg.

Key Points: 
  • On average, the silica sol investment casting used in automotive or industrial components costs around 6.5 USD/kg.
  • Nevertheless, if the highest casting quality and the low repair rate is the main focus of the end-user, this process can be preferred.
  • North America is leading the investment casting market and is likely to continue to hold the top position followed by Asia-Pacific and Europe, respectively.
  • The manufacturing of military aircraft programs, like F-35, in the country is expected to generate demand for investment casting parts.

Columbia Care Announces Commencement of Noteholder Consent Solicitation to Increase Debt Capacity

Retrieved on: 
Thursday, January 6, 2022
Agriculture, Natural Resources, Alternative Medicine, Other Retail, Other Manufacturing, Health, Manufacturing, Retail, Odyssey, Amber, Seed, FSE, 777, NLRB v. Kentucky River Community Care, Inc., Company, Tablet, Telephone, Oil, CSE, Risk, SEDAR, Compliance, NEO, Solicitation, Security (finance), Cannabist Kansai, EU, Note

The Company may extend the Consent Deadline for such period or periods as it may determine in its sole discretion.

Key Points: 
  • The Company may extend the Consent Deadline for such period or periods as it may determine in its sole discretion.
  • Prior to the commencement of the Consent Solicitation, the Company entered into support agreements with Noteholders holding a majority of the outstanding principal amount of the Notes.
  • Pursuant to the support agreements, such holders of Notes have agreed to deliver consent to the proposed amendments prior to the Consent Deadline.
  • As a result, the Company anticipates completion of the Consent Solicitation as of the Consent Deadline.

Air Industries Group Announces New $6.0+ Million, Life of the Program, Long-Term Agreement for PW-4000 Jet Turbine Exhaust Cases

Retrieved on: 
Thursday, January 6, 2022
Other Manufacturing, Other Transport, Other Defense, Contracts, Air, Engineering, Transport, Aerospace, Manufacturing, Defense, LTA, 777, Company, NYSE, TEC, Sterling, CH-53K, U.S. Securities and Exchange Commission, Security (finance), Engineering, Adjustment, Private Securities Litigation Reform Act, CEO, SEC, Chengdu Aircraft Industry Group, A-330, Precision Castparts Corp., Boeing, Program, Airbus, Budget, 3D printing

It is anticipated that this contract extension will generate revenue in excess of $6 million over its remaining term.

Key Points: 
  • It is anticipated that this contract extension will generate revenue in excess of $6 million over its remaining term.
  • Turbine Exhaust Cases are highly engineered critical components of jet engines.
  • Sterling Engineering has been producing this component for the PW-4000 jet engine for over ten years.
  • Extending this Exhaust Case component for the life of the program confirms our customers confidence that we can produce it competitively and meet their delivery requirements.