Form 8-K

Williams-Sonoma, Inc. Announces Leadership Updates

Retrieved on: 
Monday, January 30, 2023
Retail, Home Goods, Record, Williams Sonoma, Frances Kellor, Coronavirus, Biophysical environment, Digital marketing, United Kingdom, Marketing, NYSE, Collaboration, Weather, Benson, Terrorism, Annual report, ESG, Information technology, Fusion Global Business Solutions, Social, WSM, Growth, Digital, Form 8-K, Hummel, Social Security Government Pension Offset, Management, Dairy, Rejuvenation, Pottery Barn, Williams-Sonoma, Inc.

The promotion and alignment of these executives will create corporate synergies designed to deliver value for customers and shareholders and demonstrates the strength of the company’s leadership bench.

Key Points: 
  • The promotion and alignment of these executives will create corporate synergies designed to deliver value for customers and shareholders and demonstrates the strength of the company’s leadership bench.
  • “This promotion of internal, long-tenured leaders with proven track records of delivering results, reflects the strength of our leadership bench.
  • Teisch’s proven depth of marketing expertise and leadership will guide the Marketing teams into the next phase of company growth.
  • Such forward-looking statements include, among other things, statements in the quotes of our leaders and statements related to the benefits of our leadership changes.

GOODYEAR ANNOUNCES COST SAVINGS ACTIONS

Retrieved on: 
Friday, January 27, 2023
Rationalization, Form 10-K, Legislation, Goodyear Tire and Rubber Company, Action Replay, Failure, Security (finance), Workforce, Skolkovo Innovation Center, Annual report, Form 8-K, Public policy, GT, COVID-19, Public expenditure, EST, Cooper Tire & Rubber Company, Goodyear, Acquisition, Multimedia, Cryptocurrency

AKRON, Ohio, Jan. 27, 2023 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced cost savings actions in response to a challenging industry environment and cost pressure driven by inflation.

Key Points: 
  • AKRON, Ohio, Jan. 27, 2023 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced cost savings actions in response to a challenging industry environment and cost pressure driven by inflation.
  • Planned rationalization and workforce reorganization would result in an approximately 5% reduction in salaried staff globally, or about 500 positions.
  • Global replacement tire industry demand remained weak in the fourth quarter, led by a 12% decline in EMEA.
  • These actions are in addition to cost synergies related to the integration of Cooper Tire.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of World Wrestling Entertainment, Inc. - WWE

Retrieved on: 
Sunday, February 5, 2023
Hush, Female, NYSE, The Wall Street Journal, Exchange, Retirement, Form 8-K, WWE, News, Private investigator

NEW YORK, Feb. 04, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of World Wrestling Entertainment, Inc. (“WWE” or the “Company”) (NYSE: WWE).

Key Points: 
  • NEW YORK, Feb. 04, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of World Wrestling Entertainment, Inc. (“WWE” or the “Company”) (NYSE: WWE).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether WWE and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Kirby Corporation Appoints Rocky B. Dewbre to Board of Directors

Retrieved on: 
Friday, February 3, 2023
Cravath, Swaine & Moore, JCP, Cyprus Securities and Exchange Commission, Kirby Corporation, NYSE, Morgan Stanley, LLP, Kirby, Rocky, Form 8-K, KEX, Growth, Holding company, Management

HOUSTON, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation (NYSE: KEX) ("Kirby" or “the Company”) today announced the appointment of Rocky B. Dewbre as a new independent member of the Company’s Board, effective immediately, pursuant to a cooperation agreement with Kirby shareholder JCP Investment Management, LLC (“JCP”).

Key Points: 
  • HOUSTON, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation (NYSE: KEX) ("Kirby" or “the Company”) today announced the appointment of Rocky B. Dewbre as a new independent member of the Company’s Board, effective immediately, pursuant to a cooperation agreement with Kirby shareholder JCP Investment Management, LLC (“JCP”).
  • Following the appointment of Mr. Dewbre, the Kirby Board of Directors will expand to eleven directors, nine of whom are independent.
  • “We welcome Rocky to the Kirby Board of Directors,” said Joseph H. Pyne, Chairman of the Kirby Board of Directors.
  • I look forward to working with my fellow directors and the management team to continue driving shareholder value,” said Rocky B. Dewbre.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of World Wrestling Entertainment, Inc. - WWE

Retrieved on: 
Monday, January 30, 2023
Hush, Female, NYSE, The Wall Street Journal, Exchange, Retirement, Form 8-K, WWE, News, Private investigator

NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of World Wrestling Entertainment, Inc. (“WWE” or the “Company”) (NYSE: WWE).

Key Points: 
  • NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of World Wrestling Entertainment, Inc. (“WWE” or the “Company”) (NYSE: WWE).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether WWE and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of World Wrestling Entertainment, Inc. - WWE

Retrieved on: 
Monday, January 30, 2023
Hush, Female, NYSE, The Wall Street Journal, Exchange, Retirement, Form 8-K, WWE, News, Private investigator

NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of World Wrestling Entertainment, Inc. (“WWE” or the “Company”) (NYSE: WWE).

Key Points: 
  • NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of World Wrestling Entertainment, Inc. (“WWE” or the “Company”) (NYSE: WWE).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether WWE and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

RYVYL Provides Corporate Update on Restatement of Previously Issued Financial Statements

Retrieved on: 
Wednesday, January 25, 2023
Blockchain, Calendar, Form 8-K, SAN, Annual report, Security (finance)

SAN DIEGO, CA, Jan. 25, 2023 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions today provided a corporate update following the Company’s January 20th Current Report on Form 8-K filing with the SEC regarding non-reliance on previously issued financial statements.

Key Points: 
  • The Company expects that cash, operating margins, and processing volumes as reported in our previously issued financial statements will not be materially impacted by the restatements.
  • “As we work through the process of restating our previously issued financial statements with our new auditor, we understand that communicating the expected impact is of utmost importance to our shareholders,” said Ben Errez, Chairman of RYVYL Inc. “We look forward to the completion of the restatements and providing investors with clarity regarding their necessity.”
    The Company anticipates filing the restatements of the previously issued financial statements as soon as practicable.
  • The Company plans on filing the restated financial statements in its Annual Report on Form 10-K for the year ended December 31, 2022 and in any other filings that may be necessary or appropriate.
  • Related press releases, investor presentations or other communications describing the Company’s financial statements for these periods should also no longer be relied upon.

Astronics Corporation Announces Preliminary Sales for Fourth Quarter 2022 of $155 Million to $160 Million; Completes $205 Million Debt Refinancing

Retrieved on: 
Thursday, January 19, 2023
Defense, Air, Aerospace, Transport, Manufacturing, Other Defense, Contracts, News, SOFR, Security (finance), Public expenditure, EBITDA, Form 8-K, Credit agreements in South Africa, Intellectual property, Astronics Corporation, Video game, Bank

Astronics Corporation announced today that unaudited preliminary fourth quarter sales are expected to be in the range of $155 million to $160 million, exceeding the Company’s earlier guidance of $140 million to $150 million.

Key Points: 
  • Astronics Corporation announced today that unaudited preliminary fourth quarter sales are expected to be in the range of $155 million to $160 million, exceeding the Company’s earlier guidance of $140 million to $150 million.
  • The midpoint of the preliminary range represents a sequential increase in sales of 20% over the third quarter of 2022 and 35% increase over the comparator quarter of 2021.
  • Preliminary bookings in the fourth quarter are expected be in the range of $175 million to $180 million.
  • The new financing consists of a $90 million asset-based term loan and a $115 million asset-based revolving credit facility.

Outlook Therapeutics® Enters Definitive Agreement for $31.8 Million Unsecured Convertible Promissory Note

Retrieved on: 
Friday, December 23, 2022
Calendar, Food, Therapy, SPA, Form, Form 8-K, Note, FDA, Bevacizumab, Food and Drug Administration, Sale, Security (finance)

The closing of the financing is expected to occur on December 28, 2022, subject to satisfaction of closing conditions, including the receipt of at least $25.0 million of equity financing.

Key Points: 
  • The closing of the financing is expected to occur on December 28, 2022, subject to satisfaction of closing conditions, including the receipt of at least $25.0 million of equity financing.
  • The Note will bear interest at the annual rate of 9.5%, matures on January 1, 2024 and is convertible into the Company’s common stock beginning on April 1, 2023 at an initial conversion price of $2.00 per share.
  • The SPA and the Note contain customary covenants and events of default, including instances in which the lender may increase the principal amount of the Note and in which the conversion price may be lowered.
  • Brookline Capital Markets, a division of Arcadia Securities, LLC acted as financial advisor to Outlook Therapeutics.

AMMO, Inc. Announces Jared Smith as its New Chief Operating Officer/President

Retrieved on: 
Thursday, December 15, 2022
IR, POWW, Friends, GunBroker.com, Fiocchi Munizioni, Gun, AMMO, Law enforcement, Report, ALL, Security (finance), Sale, Knowledge, Risk, Annual general meeting, Federal, Beneficial ownership, Firearm, NUALS Arts and Literary Annual Meet, Forest Law Enforcement and Governance Program, Proxy, Development, Form 8-K, Management

With the successful closing of the Fiocchi sale, the time was right for both Jared and AMMO to see this union take place.

Key Points: 
  • With the successful closing of the Fiocchi sale, the time was right for both Jared and AMMO to see this union take place.
  • We couldn’t be more excited about adding Jared’s intellect, drive and experience to the senior management team.
  • We look forward to working hand-in-glove with Jared to strategically and markedly grow the ammunition business, while exposing Jared to the vast opportunities set before us with our GunBroker.com Marketplace,” concluded Mr. Wagenhals.
  • The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry.