Series

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Boot Barn Holdings, Inc. (NYSE: BOOT)

Retrieved on: 
Wednesday, May 8, 2024

Based in Irvine, California, Boot Barn is a specialty retailer that sells western and work-related footwear, apparel and accessories in the U.S.

Key Points: 
  • Based in Irvine, California, Boot Barn is a specialty retailer that sells western and work-related footwear, apparel and accessories in the U.S.
  • As of year-end 2023, Boot Barn reported $1,704 million and $116 million of revenues and adjusted net income, respectively.
  • Spruce Point is equally concerned by the leadership chosen to support and oversee CEO Conroy.
  • Spruce Point has several concerns with Boot Barn’s new store economics, pictorial representations of stores and anomalous capital spending.

ICL Reports First Quarter 2024 Results

Retrieved on: 
Thursday, May 9, 2024

Net financing expenses for the first quarter of 2024 were $35 million, down versus $44 million in the corresponding quarter of last year.

Key Points: 
  • Net financing expenses for the first quarter of 2024 were $35 million, down versus $44 million in the corresponding quarter of last year.
  • Reported tax expenses in the first quarter of 2024 were $42 million, reflecting an effective tax rate of 25%, compared to $127 million in the corresponding quarter of last year, reflecting an effective tax rate of 30%.
  • In connection with ICL’s first quarter 2024 results, the Board of Directors declared a dividend of 4.57 cents per share, or approximately $59 million, versus 11.32 cents per share, or approximately $146 million, in the first quarter of last year.
  • The dividend will be payable on June 20, 2024, to shareholders of record as of June 6, 2024.

TXOne Networks, Leader in Cyber-Physical Systems (CPS) Security, Raises $51 Million in Total in Series B Extension Round Funding

Retrieved on: 
Tuesday, May 7, 2024

TXOne Networks , a leader in Cyber-Physical Systems (CPS) security, today announced a significant achievement of securing $51 million in its Series B extension round of financing.

Key Points: 
  • TXOne Networks , a leader in Cyber-Physical Systems (CPS) security, today announced a significant achievement of securing $51 million in its Series B extension round of financing.
  • View the full release here: https://www.businesswire.com/news/home/20240507252124/en/
    Dr. Terence Liu, CEO, leads TXOne Networks, a leader in Cyber-Physical-System (CPS) security.
  • (Photo: Business Wire)
    TXOne Networks completed its Series A financing in August 2021 and announced Series B financing in August 2022.
  • TXOne Networks offers cybersecurity solutions that ensure the reliability and safety of industrial control systems and operational technology environments.

Montrose Environmental Group Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, May 7, 2024

Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the first quarter ended March 31, 2024.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the first quarter ended March 31, 2024.
  • Montrose Chief Executive Officer and Director, Vijay Manthripragada, commented, “The momentum in our business continues as we start 2024 with solid first quarter results.
  • Total revenue in the first quarter of 2024 was $155.3 million compared to $131.4 million in the prior year quarter, an increase of 18.2%.
  • First quarter 2024 Consolidated Adjusted EBITDA1 was $16.9 million, compared to $16.6 million in the prior year quarter.

EDX Markets Launches Singapore-Based EDXM Global

Retrieved on: 
Wednesday, May 8, 2024

EDXM Global sets a new standard in the digital asset landscape, streamlining OTC transaction settlements with remarkable speed and reliability.

Key Points: 
  • EDXM Global sets a new standard in the digital asset landscape, streamlining OTC transaction settlements with remarkable speed and reliability.
  • The launch of EDXM Global comes after its parent, EDX Markets Holdings LLC (EDX), closed its Series B funding round late last year.
  • Jamil Nazarali, CEO of EDX, commented, "The launch of EDXM Global is the first step in the international expansion of our digital asset business.
  • By mitigating counterparty risks, EDXM Global empowers our Members to navigate the complexities of trade settlement while reducing counterparty risks."

Gilead and Kite Oncology to Highlight Broad and Diverse Oncology Portfolio at ASCO 2024

Retrieved on: 
Tuesday, May 7, 2024

Gilead Sciences, Inc. (Nasdaq: GILD) and Kite, a Gilead Company, will present 18 abstracts during the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting.

Key Points: 
  • Gilead Sciences, Inc. (Nasdaq: GILD) and Kite, a Gilead Company, will present 18 abstracts during the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting.
  • An updated analysis from the Phase 2 EDGE-Gastric study will be featured as a rapid oral presentation in partnership with Arcus Biosciences.
  • These updated data will highlight the efficacy and safety of Yescarta in this patient population with important unmet need.
  • Accepted abstracts at the 2024 ASCO Annual Meeting include:

i2Cool Attracts Close to HKD100 Million in Series A Financing to Propel the Development of Green and Energy-Efficient Radiative Cooling Solutions

Retrieved on: 
Thursday, May 9, 2024

Dr. Martin Zhu, i2Cool's Co-founder & CEO, stressed the importance of achieving this financial goal.

Key Points: 
  • Dr. Martin Zhu, i2Cool's Co-founder & CEO, stressed the importance of achieving this financial goal.
  • He pointed out the strong need for electricity-free cooling technology in sectors like green buildings and industry to decrease heat, cut air conditioning expenses, increase efficiency, and enhance comfort.
  • i2Cool meets this demand with its zero-energy, low-carbon cooling solutions.
  • The cooling solutions have found applications in industries including architecture, the chemical industry, power & telecom, new energy, logistics, grain storage, and photovoltaics.

Digital Realty Declares Quarterly Cash Dividends for Common and Preferred Stock

Retrieved on: 
Wednesday, May 8, 2024

Digital Realty's board of directors authorized a cash dividend of $1.22 per share to common stockholders of record as of the close of business on June 14, 2024.

Key Points: 
  • Digital Realty's board of directors authorized a cash dividend of $1.22 per share to common stockholders of record as of the close of business on June 14, 2024.
  • The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on June 28, 2024.
  • The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on June 28, 2024.
  • The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on June 28, 2024.

HelixIntel Unveils Innovative CMMS Platform for Streamlined Property Management

Retrieved on: 
Wednesday, May 8, 2024

BUFFALO, N.Y., May 8, 2024 /PRNewswire/ -- HelixIntel proudly unveils the cornerstone of its PropertyOS™ platform -- an innovative Computerized Maintenance Management System (CMMS).

Key Points: 
  • BUFFALO, N.Y., May 8, 2024 /PRNewswire/ -- HelixIntel proudly unveils the cornerstone of its PropertyOS™ platform -- an innovative Computerized Maintenance Management System (CMMS).
  • Driven by customer feedback and a deep understanding of market dynamics, it progressed from asset management into a dynamic CMMS.
  • By integrating property and asset management data, HelixIntel enables organizations to predict and prevent equipment failures, mitigate costly breakdowns, and enhance capital decision-making.
  • The introduction of HelixIntel's CMMS-powered platform, PropertyOS™, reshapes how organizations optimize their operations, streamline property management, reduce downtime, and maximize asset performance.

CHIP CITY COOKIES ANNOUNCES SERIES B CAPITAL RAISE FROM ENLIGHTENED HOSPITALITY INVESTMENTS (EHI)

Retrieved on: 
Wednesday, May 8, 2024

NEW YORK, May 8, 2024 /PRNewswire/ -- Chip City Cookies (Chip City), NYC's fastest-growing gourmet cookie chain, announced it has closed a $7.5 million Series B investment from Enlightened Hospitality Investments, which brings the total amount raised from EHI to $17.5 million. The financing enables continued investment in growing Chip City's brick and mortar locations throughout the United States, as well as in people, services, and creative collaborations to further strengthen its brand position within the competitive cookie segment.

Key Points: 
  • NEW YORK, May 8, 2024 /PRNewswire/ -- Chip City Cookies (Chip City) , NYC's fastest-growing gourmet cookie chain, announced it has closed a $7.5 million Series B investment from Enlightened Hospitality Investments, which brings the total amount raised from EHI to $17.5 million.
  • "This Series B fundraise helps Chip City sustain and further our strong commitment to developing exceptional cookies, providing enjoyable experiences for our guests and team members, and to continuously invest in the next stage of our transformative journey," stated Peter Phillips, CEO and Co-founder of Chip City.
  • Enlightened Hospitality Investments is a pioneering investment firm that fuels growth in people-first organizations that prioritize hospitality.
  • "The Series B capital not only validates the quality of the product – which is delicious!