RPT

NorthStar Medical Radioisotopes and Curadh MTR Announce a Strategic Long Term Supply Agreement for Therapeutic Radioisotope Actinium-225 (Ac-225)

Retrieved on: 
Tuesday, August 29, 2023

NorthStar Medical Radioisotopes , LLC, a global innovator in the development, production and commercialization of radiopharmaceuticals, and Curadh MTR Inc. (Curadh), a global MTR focused clinical, research and advisory organization, today announced the signing of a strategic long term supply agreement for the therapeutic radioisotope non-carrier added (n.c.a.)

Key Points: 
  • NorthStar Medical Radioisotopes , LLC, a global innovator in the development, production and commercialization of radiopharmaceuticals, and Curadh MTR Inc. (Curadh), a global MTR focused clinical, research and advisory organization, today announced the signing of a strategic long term supply agreement for the therapeutic radioisotope non-carrier added (n.c.a.)
  • View the full release here: https://www.businesswire.com/news/home/20230829331776/en/
    Under the terms of the agreement, NorthStar will supply its high purity, n.c.a.
  • Ac-225 to Curadh for use in its pioneering molecularly targeted radiation (MTR) programs for the treatment of common lethal tumors.
  • Ac-225 with Curadh,” said Frank Scholz, Ph.D., President and Chief Executive Officer of NorthStar Medical Radioisotopes.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RPT, HT, THRN

Retrieved on: 
Tuesday, August 29, 2023

If you are a RPT shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a RPT shareholder, click here to learn more about your rights and options .
  • Hersha Hospitality Trust (NYSE: HT)’s sale to affiliates of KSL Capital Partners, LLC for $10.00 per share.
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – SMMF, RPT, DEN, BG

Retrieved on: 
Monday, August 28, 2023

Under the terms of the agreement, SMMF shareholders are expected to own 50% of the combined company.

Key Points: 
  • Under the terms of the agreement, SMMF shareholders are expected to own 50% of the combined company.
  • RPT Realty (NYSE: RPT ), relating to its proposed merger with Kimco Realty.
  • Under the terms of the agreement, RPT shareholders are expected to receive 0.6049 shares of Kimco per share they own.
  • Bunge Limited, Inc. (NYSE: BG ), relating to its proposed merger with Viterra Limited.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Hersha Hospitality Trust (NYSE - HT), Thorne HealthTech, Inc. (Nasdaq - THRN), RPT Realty (NYSE - RPT), Abcam plc (Nasdaq - ABCM)

Retrieved on: 
Monday, August 28, 2023

BALA CYNWYD, Pa., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.

Key Points: 
  • BALA CYNWYD, Pa., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the Agreement, Thorne will be acquired by L Catterton for $10.20 per share in cash for each share of Thorne.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

Kimco Realty® to Acquire RPT Realty in All-Stock Transaction

Retrieved on: 
Monday, August 28, 2023

JERICHO, N.Y. and NEW YORK, N.Y., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Kimco Realty® (“Kimco” or the “Company”) (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, and RPT Realty (“RPT”) (NYSE: RPT), a publicly traded owner and operator of a national portfolio of open-air shopping center destinations principally located in top U.S. markets, today announced a definitive merger agreement under which RPT will be acquired by Kimco in an all-stock transaction valued at approximately $2 billion, including the assumption of debt and preferred stock. Upon closing, Kimco expects to have a pro forma equity market capitalization of approximately $13 billion and a total enterprise value of approximately $22 billion.

Key Points: 
  • At closing, Kimco stockholders and RPT shareholders are expected to own approximately 92% and 8% of the combined company, respectively.
  • The board of directors of Kimco and the board of trustees of RPT both unanimously approved the transaction.
  • The transaction is expected to close in the beginning of 2024, subject to RPT shareholder approval and other customary closing conditions.
  • The companies will host a joint conference call on August 28, 2023 at 8:30 AM ET to discuss the proposed transaction.

RPT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of RPT Realty Is Fair to Shareholders

Retrieved on: 
Monday, August 28, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of RPT Realty (NYSE: RPT) to Kimco Realty for 0.6049 of a newly-issued Kimco share for each RPT share is fair to RPT shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of RPT Realty (NYSE: RPT) to Kimco Realty for 0.6049 of a newly-issued Kimco share for each RPT share is fair to RPT shareholders.
  • At closing, RPT shareholders are expected to own approximately 8% of the combined company.
  • On behalf of RPT shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Kimco Realty® to Acquire RPT Realty in All-Stock Transaction

Retrieved on: 
Monday, August 28, 2023

At closing, Kimco stockholders and RPT shareholders are expected to own approximately 92% and 8% of the combined company, respectively.

Key Points: 
  • At closing, Kimco stockholders and RPT shareholders are expected to own approximately 92% and 8% of the combined company, respectively.
  • The board of directors of Kimco and the board of trustees of RPT both unanimously approved the transaction.
  • The transaction is expected to close in the beginning of 2024, subject to RPT shareholder approval and other customary closing conditions.
  • The companies will host a joint conference call on August 28, 2023 at 8:30 AM ET to discuss the proposed transaction.

Badger Infrastructure Solutions Ltd. Announces Record 2023 Second Quarter Revenue and Adjusted EBITDA

Retrieved on: 
Thursday, August 3, 2023

(1) See “Non-IFRS Financial Measures” and “Key Financial Metrics and Other Operational Metrics” in the Company’s second quarter 2023 management’s discussion and analysis (“MD&A”) and 2022 Annual MD&A for additional detail on the definition and calculation of Adjusted EBITDA, Adjusted EBITDA margin, total debt, Compliance EBITDA and RPT.

Key Points: 
  • (1) See “Non-IFRS Financial Measures” and “Key Financial Metrics and Other Operational Metrics” in the Company’s second quarter 2023 management’s discussion and analysis (“MD&A”) and 2022 Annual MD&A for additional detail on the definition and calculation of Adjusted EBITDA, Adjusted EBITDA margin, total debt, Compliance EBITDA and RPT.
  • (2) See “Share Capital” in the Company’s second quarter 2023 MD&A for additional details.
  • In the second quarter of 2023, Badger initiated a refurbishment program to extend the useful life of a select number of non-destructive excavation units.
  • Our focus on growing our customer base and national accounts program is expected to contribute to continued growth in the second half of 2023.

RPT Realty Reports Second Quarter 2023 Results; Maintains Guidance

Retrieved on: 
Wednesday, August 2, 2023

NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (the "Company" or "RPT") today announced its financial and operating results for the quarter ended June 30, 2023.

Key Points: 
  • Second quarter 2023 operating funds from operations per diluted share of $0.25.
  • Signed 527,440 square feet in the second quarter 2023, representing the fourth consecutive quarter of leasing volume over 500,000 square feet.
  • NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (the "Company" or "RPT") today announced its financial and operating results for the quarter ended June 30, 2023.
  • Same property NOI during the second quarter 2023 increased 0.3% compared to the same period in 2022.

RPT Realty Declares Third Quarter 2023 Common and Preferred Share Dividends

Retrieved on: 
Thursday, July 27, 2023

NEW YORK, July 27, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a third quarter 2023 regular cash dividend of $0.14 per common share.

Key Points: 
  • NEW YORK, July 27, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a third quarter 2023 regular cash dividend of $0.14 per common share.
  • The Board of Trustees also approved a third quarter 2023 Series D convertible preferred share dividend of $0.90625 per share.
  • The current conversion ratio of the Series D convertible preferred shares can be found on the Company's website at investors.rptrealty.com/shareholder-information/dividends.
  • The dividends, for the period July 1, 2023 through September 30, 2023 are payable on October 2, 2023 for shareholders of record on September 20, 2023.