Common

Tilray Brands Announces Issuance of Series A Preferred Stock

Retrieved on: 
Wednesday, February 22, 2023

NEW YORK and LEAMINGTON, Ontario, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands” or the “Company”) (NASDAQ | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced that the Company has entered into an agreement for the issuance of 120,000 shares of Series A Preferred Stock (the “Series A Preferred Stock”).

Key Points: 
  • NEW YORK and LEAMINGTON, Ontario, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands” or the “Company”) (NASDAQ | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced that the Company has entered into an agreement for the issuance of 120,000 shares of Series A Preferred Stock (the “Series A Preferred Stock”).
  • The Series A Preferred Stock is entitled to 1,000 votes per share, but may only vote on the Company’s pending proposal to eliminate Tilray Brand’s Class 1 Common Stock (“Proposal 3”).
  • The Series A Preferred Stock cannot vote independently, but instead must vote in the same proportion (For or Against) as all shares of Class 2 Common Stock are voted.
  • The foregoing description of the Series A Preferred Stock is qualified by reference to the Form 8-K disclosures and exhibits.

Reliance Global Group Announces 1-for-15 Reverse Stock Split

Retrieved on: 
Wednesday, February 22, 2023

LAKEWOOD, N.J., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that on February 7, 2023, the Company’s Board of Directors approved a 1-for-15 reverse stock split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”) in order to regain compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market (Rule 5550(a)(2)).

Key Points: 
  • LAKEWOOD, N.J., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that on February 7, 2023, the Company’s Board of Directors approved a 1-for-15 reverse stock split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”) in order to regain compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market (Rule 5550(a)(2)).
  • The Company was not required to obtain shareholder approval to effectuate the Reverse Stock Split.
  • Following the Reverse Stock Split, the ownership percentage of each shareholder will remain unchanged.
  • Stockholders who hold their shares of Common Stock in book-entry form or in brokerage accounts or “street name” are not required to take any action to effect the exchange of their shares of Common Stock following the Reverse Stock Split.

Farmland Partners Inc. Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, February 22, 2023

Those leases are accounted for as financing receivables and reflected in loans and financing receivables, net on the Company’s balance sheet.

Key Points: 
  • Those leases are accounted for as financing receivables and reflected in loans and financing receivables, net on the Company’s balance sheet.
  • During the year ended December 31, 2022, the Company completed five property dispositions for cash consideration of $17.0 million and total gain on sale of $2.6 million.
  • As of February 17, 2023, the Company had 55,577,529 shares of common stock outstanding on a fully diluted basis.
  • The dividends are payable on April 17, 2023, to stockholders and common unit holders of record on April 3, 2023.

dMY Technology Group, Inc. VI Announces Extension of Expiration Date of Tender Offer

Retrieved on: 
Wednesday, February 22, 2023

As amended, the Tender Offer will now expire at 5:00 p.m. New York City time, on Friday, March 3, 2023, unless further extended or earlier terminated.

Key Points: 
  • As amended, the Tender Offer will now expire at 5:00 p.m. New York City time, on Friday, March 3, 2023, unless further extended or earlier terminated.
  • dMY VI shareholders who have already tendered their Common Stock do not need to re-tender their shares or take any other action as a result of the extension of the expiration date of the Tender Offer.
  • dMY VI shareholders may withdraw shares they have previously tendered at any time prior to the extended expiration date of the Tender Offer.
  • Except as described in this news release, the terms of the Tender Offer remain the same as set forth in the Offer to Purchase and in the related Letter of Transmittal.

5G Engagements Highlight Diverse Routes to Revenue and Capital Efficiency

Retrieved on: 
Wednesday, February 22, 2023

The “5G 2023: Market Drivers, Insights & Considerations” report provides insights from across the 5G ecosystem on the current status of 5G, revealing trends, technology advancements and revenue-generating use cases.

Key Points: 
  • The “5G 2023: Market Drivers, Insights & Considerations” report provides insights from across the 5G ecosystem on the current status of 5G, revealing trends, technology advancements and revenue-generating use cases.
  • “Success hinges on many factors and Spirent plays a key role in how customers unlock new revenue streams while improving productivity, capital efficiency and energy management.
  • The introduction of the 5G Core combined with OSS modernization is challenging but critical to realize new revenues and capital efficiencies.
  • Energy efficiency initiatives include automation, new radio sleep mode capabilities, liquid cooling advancements and increased reliance on renewables like solar.

Berkshire Hathaway Inc. News Release

Retrieved on: 
Tuesday, February 21, 2023

Berkshire Hathaway Inc.’s 2022 Annual Report to the shareholders will be posted on the Internet on Saturday, February 25, 2023, at approximately 8:00 a.m. eastern time where it can be accessed at www.berkshirehathaway.com .

Key Points: 
  • Berkshire Hathaway Inc.’s 2022 Annual Report to the shareholders will be posted on the Internet on Saturday, February 25, 2023, at approximately 8:00 a.m. eastern time where it can be accessed at www.berkshirehathaway.com .
  • Concurrent with the posting of the Annual Report, Berkshire will also issue an earnings release.
  • The Annual Report will include Warren Buffett’s annual letter to shareholders as well as information about Berkshire’s financial position and results of operations.
  • Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, retailing and services.

Korea Ginseng Corp. recommend 6 key ingredients for self care as a best herb dietary brand

Retrieved on: 
Thursday, February 23, 2023

CERRITOS, Calif., Feb. 23, 2023 /PRNewswire/ -- Korea Ginseng Corp., the world #1 ginseng brand, is expanding its Koreselect product line with six new herbal supplements to help people enhance their own mental and physical health.

Key Points: 
  • According to a report by Mintel, 44% of Gen Z agree that the COVID-19 pandemic has encouraged them to look for new ways to care for themselves.
  • The study showed that people want to know how to protect their minds and bodies with natural wellness solutions.
  • In response to the latest pandemic, Korea Ginseng Corp. has introduced six new ingredients that can help to improve mental and physical well-being.
  • Ginseng in general – and Korean red ginseng in particular – is considered to be an excellent adaptogenic herb and energy booster.

'Decide to Fight' Provides Generational Trauma Survivors Strength to Deal with the Past and Live in the Present

Retrieved on: 
Tuesday, February 21, 2023

BRADENTON, Fla., Feb. 21, 2023 /PRNewswire/ -- Former boxing/martial artist champion, Jason 'Freebird' Freeman today announced the release of his trauma survivor and self-improvement program, 'Decide to Fight'. This powerful program will help men of all ages overcome the toughest adversity life can throw at anyone - ancestral trauma. His blend of mind, body, soul grounded in faith and fitness is a powerful healing model. To reach future generations, Freeman's non profit, Frontline Warrior's joins hands in classrooms, community events and juvenile jails to address drug and alcohol awareness and anti-bullying.

Key Points: 
  • This powerful program will help men of all ages overcome the toughest adversity life can throw at anyone - ancestral trauma.
  • His blend of mind, body, soul grounded in faith and fitness is a powerful healing model.
  • Generational, or intergenerational, trauma occurs when trauma is passed down through generations due to a mix of genetics and environmental scenarios.
  • The Decide to Fight program helps to rewire the nervous system, redefine yourself and release stored trauma.

Quintus Launches Scalable Press for Solid-State Battery Production

Retrieved on: 
Tuesday, February 21, 2023

VÄSTERÅS, Sweden, Feb. 21, 2023 /PRNewswire-PRWeb/ -- Battery presses from Quintus Technologies will play a key role for research, development, and mass production of solid-state batteries. In recent years, the company has received a substantial number of orders for its battery presses, which range in capacity from laboratory scale to pilot production models.

Key Points: 
  • VÄSTERÅS, Sweden, Feb. 21, 2023 /PRNewswire-PRWeb/ -- Battery presses from Quintus Technologies will play a key role for research, development, and mass production of solid-state batteries.
  • In recent years, the company has received a substantial number of orders for its battery presses, which range in capacity from laboratory scale to pilot production models.
  • Isostatic pressing is also used in the lamination of individual components that are necessary to drive the development of future battery technologies.
  • The considerable number of battery press orders Quintus has received come from companies around the globe in the solid-state battery manufacturing chain, from R&D to pilot-scale production.

WillScot Mobile Mini Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, February 21, 2023

Boswell concluded regarding the outlook, "We finished 2022 with $884 million of Adjusted EBITDA from continuing operations.

Key Points: 
  • Boswell concluded regarding the outlook, "We finished 2022 with $884 million of Adjusted EBITDA from continuing operations.
  • Earnings from the UK Storage segment are reported as discontinued operations in the fourth quarter of 2022 and all prior periods.
  • We estimate that recent acquisitions completed in 2022 contributed approximately $38.0 million to total revenues for the year ended December 31, 2022.
  • Reduced leverage to 3.3x last twelve months Adjusted EBITDA for FY 2022 of $933 million, including the results from discontinued operations from the divested UK Storage segment.