Series

Interstate Connecting Components (ICC) Features OTTO Controls’ P6 Series Sealed Limit Switches for Military and Aerospace Applications

Retrieved on: 
Monday, April 8, 2024

LUMBERTON, NJ, April 08, 2024 (GLOBE NEWSWIRE) -- Interstate Connecting Components (ICC) , a division of Heilind Mil-Aero, and a premier distributor of military and aerospace interconnects and switches features the P6 Series sealed limit switches from OTTO Controls.

Key Points: 
  • LUMBERTON, NJ, April 08, 2024 (GLOBE NEWSWIRE) -- Interstate Connecting Components (ICC) , a division of Heilind Mil-Aero, and a premier distributor of military and aerospace interconnects and switches features the P6 Series sealed limit switches from OTTO Controls.
  • The P6 Series sealed limit switches, known for their robustness and reliability, are designed to meet the stringent requirements of MIL-PRF-8805.
  • These switches are engineered for precise operation in a variety of demanding environments, making them an ideal choice for aerospace, defense, and industrial applications.
  • To learn more and view available inventory at Interstate Connecting Components, please visit www.connecticc.com .

Ashley Expands Tempur-Pedic® Assortment with New TEMPUR-Adapt® Collection

Retrieved on: 
Thursday, April 4, 2024

Combining one-of-a-kind TEMPUR-Material™ with new comfort innovations, the TEMPUR-Adapt collection is designed to deliver exceptional body-conforming pressure relief for full-body support and relaxation.

Key Points: 
  • Combining one-of-a-kind TEMPUR-Material™ with new comfort innovations, the TEMPUR-Adapt collection is designed to deliver exceptional body-conforming pressure relief for full-body support and relaxation.
  • The collection also features cool-to-the-touch covers and motion absorption to help minimize sleep disruptions caused by movements from partners, pets, or kids.
  • Every Tempur-Pedic purchase at Ashley helps to support Operation Shut-Eye, a program in partnership with Tempur-Sealy International and Darkhorse Benefits, a non-profit organization.
  • Ashley’s large assortment of mattress brand offerings include Sealy®, Stearns & Foster®, Ashley Sleep™, Purple®, and more.

Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares

Retrieved on: 
Wednesday, April 3, 2024

MONACO, April 03, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s Board of Directors has declared:

Key Points: 
  • MONACO, April 03, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s Board of Directors has declared:
    a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from January 30, 2024 to April 29, 2024;
    a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the “Series D Preferred Shares”) (NYSE: SB.PR.D) for the period from January 30, 2024 to April 29, 2024.
  • Each dividend will be paid on April 30, 2024 to all shareholders of record as of April 18, 2024 of the Series C Preferred Shares and of the Series D Preferred Shares, respectively.
  • The declaration and payment of future dividends, if any, will always be subject to the discretion of the Board of Directors of the Company.
  • There is no guarantee that the Company’s Board of Directors will determine to issue cash dividends in the future.

Tonix Pharmaceuticals Announces Pricing of $4.4 Million Registered Direct Offering

Retrieved on: 
Thursday, March 28, 2024

The closing of the offering is expected to take place on or about April 1, 2024, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to take place on or about April 1, 2024, subject to the satisfaction of customary closing conditions.
  • The gross proceeds of the offering will be approximately $4.4 million before deducting placement agent fees and other estimated offering expenses payable by the Company.
  • A.G.P./Alliance Global Partners is acting as sole placement agent for the offering.
  • This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No.

CervoMed Announces Up to $149.4 Million Private Placement Financing Joined by Leading Healthcare Investors

Retrieved on: 
Thursday, March 28, 2024

BOSTON, March 28, 2024 (GLOBE NEWSWIRE) -- CervoMed Inc. (NASDAQ: CRVO), a clinical-stage company focused on developing treatments for age-related neurologic disorders (the “Company”), today announced that it has entered into a definitive securities purchase agreement for a private placement to sell an aggregate of 2,532,285 units (the “Units”), each Unit comprised of (i) (A) one share of its common stock or (B) one pre-funded warrant to purchase shares of its common stock, and in each case, (ii) one Series A warrant to purchase shares of its common stock to a select group of institutional and accredited healthcare specialist investors in a private placement. A Unit comprised of one share of common stock and one Series A warrant shall have a purchase price of $19.745 and a Unit comprised of one pre-funded warrant and one Series A warrant shall have a purchase price of $19.744.

Key Points: 
  • The pre-funded warrants have an exercise price of $0.001 per share, will be immediately exercisable and will not expire.
  • The private placement is expected to close on or about April 1, 2024, subject to customary closing conditions.
  • The financing is being led by RA Capital Management and includes participation from other new institutional investors, including Armistice Capital, Special Situations Funds and Soleus Capital.
  • Morgan Stanley and Canaccord Genuity are acting as placement agents for the private placement.

Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2023

Retrieved on: 
Thursday, March 28, 2024

The latter excludes the effect of the realized gain of $6.4 million on the interest rate swap in the fourth quarter of 2023.

Key Points: 
  • The latter excludes the effect of the realized gain of $6.4 million on the interest rate swap in the fourth quarter of 2023.
  • The Partnership additionally recognized in the three months ended December 31, 2023 Other Income of $2.9 million, which represents income from insurance claims.
  • During both three-month periods ended December 31, 2023 and 2022, the Partnership’s vessels operated at 100% utilization.
  • Adjusted EBITDA (a non-GAAP financial measure) for the three months ended December 31, 2023 was $27.4 million, as compared to $23.6 million for the corresponding period of 2022.

The Dr. N. Joyce Payne Center for Social Justice publishes first volume in new book series

Retrieved on: 
Wednesday, March 27, 2024

Washington, D.C., March 27, 2024 (GLOBE NEWSWIRE) -- The Dr. N. Joyce Payne Center for Social Justice of the Thurgood Marshall College Fund (TMCF) recently published its first volume in The Payne Center Book Series , which focuses on pragmatic policy ideas related to social justice.

Key Points: 
  • Washington, D.C., March 27, 2024 (GLOBE NEWSWIRE) -- The Dr. N. Joyce Payne Center for Social Justice of the Thurgood Marshall College Fund (TMCF) recently published its first volume in The Payne Center Book Series , which focuses on pragmatic policy ideas related to social justice.
  • “This first volume sets the bar for the upcoming series, as we continue to examine the intersectionality of educational, economic and environmental justice in American society,” Dr. N. Joyce Payne , founder of TMCF, said.
  • The Payne Center is responsible for producing innovative social justice research; leveraging social justice research to inform public policy; supporting the research and educational missions of HBCUs; and advancing diversity, equity and inclusion in the workforce.
  • The Payne Center for Social Justice and Gallup recently released “ Black Thriving in America 2023 ,” which assessed Black life experiences in the United States and produced the groundbreaking Black American Social Justice Dashboard.

GDS Appoints Jamie Khoo As CEO of GDS International

Retrieved on: 
Tuesday, March 26, 2024

SHANGHAI, China, March 26, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS”, “GDSH” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced the appointment of Ms. Jamie Khoo, currently the Chief Operating Officer (“COO”) of GDS, as the Chief Executive Officer (“CEO”) of DigitalLand Holdings Limited (“GDS International” or “GDSI”), the holding company for GDS’s international data center assets and operations.

Key Points: 
  • SHANGHAI, China, March 26, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS”, “GDSH” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced the appointment of Ms. Jamie Khoo, currently the Chief Operating Officer (“COO”) of GDS, as the Chief Executive Officer (“CEO”) of DigitalLand Holdings Limited (“GDS International” or “GDSI”), the holding company for GDS’s international data center assets and operations.
  • The appointment is effective at the closing of the Series A capital raise of GDS International which has been announced today.
  • “We are delighted to announce Jamie’s appointment as the CEO of GDS International,” commented Mr. William Huang, Chairman and CEO of GDS.
  • With her leadership, I am confident that GDS International will continue its successful development in international markets.

GDS Announces Landmark US$587 Million Equity Raise For its International Business

Retrieved on: 
Tuesday, March 26, 2024

This transaction is a significant step forward in the Company’s strategy to obtain dedicated financing for the development of its international business on a standalone basis.

Key Points: 
  • This transaction is a significant step forward in the Company’s strategy to obtain dedicated financing for the development of its international business on a standalone basis.
  • GDS International was established in 2022 with its corporate headquarters in Singapore.
  • The Series A subscription price implies a pre-money equity valuation for GDSI of US$750 million, which is approximately US$3.92 per American Depositary Share of GDSH.
  • Post-Closing and on an as-converted basis, GDSH will own approximately 56.1% of the equity interest of GDSI in the form of ordinary shares.

Fieldguide Raises $30M Series B, Launches AI Platform to Solve CPA Talent Shortage

Retrieved on: 
Tuesday, March 26, 2024

Since its founding, Fieldguide’s mission has been to address the CPA and advisory industry’s talent shortage with AI solutions that enable practitioners of all levels to tackle manual tasks with speed and high quality in a secure, privacy-conscious manner.

Key Points: 
  • Since its founding, Fieldguide’s mission has been to address the CPA and advisory industry’s talent shortage with AI solutions that enable practitioners of all levels to tackle manual tasks with speed and high quality in a secure, privacy-conscious manner.
  • "Fieldguide is addressing pain points for an industry that has been plagued by a lack of modern cloud-based software, talent shortages, and manual processes.
  • Its AI platform automates and addresses inefficiencies of the audit process, enabling CPA firms to be more productive and focus on higher-value strategic work,” said Sameer Dholakia, Partner at Bessemer Venture Partners.
  • Talent Acquisition: Attract top-tier talent across engineering, data science, and customer success to drive innovation and ensure exceptional service delivery.