SPACS

HNRC ACQUIRES INTEREST IN CE ENERGY SPONSORS LLC

Retrieved on: 
Tuesday, June 13, 2023

HOUSTON, June 13, 2023 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNRC or the Company") provided an update on its strategy to invest and sponsor Special Purpose Acquisition Corporations ("SPACs"). HNRC confirmed today that it has acquired an interest in CE Energy Sponsors LLC.

Key Points: 
  • HNRC confirmed today that it has acquired an interest in CE Energy Sponsors LLC.
  • CE Energy Sponsors, LLC is the sponsor of CE Energy Acquisition Corp ("CEAC") that has filed a registration statement for $100 million dollars special purpose acquisition corporation.
  • CEAC may also pursue an acquisition opportunity in renewable energy which refers to energy from a source that is sustainable, such as wind, hydropower, geothermal or solar power.
  • The company is evaluating sponsoring other energy focused SPACS, including traditional oil and gas, renewable energy and waste to energy opportunities.

United States PreK-12 Instructional Materials Market Report 2022: K-12 Instructional Materials Providers Adjust to Lingering Impacts of Covid

Retrieved on: 
Monday, November 28, 2022

DUBLIN, Nov. 28, 2022 /PRNewswire/ --The "United States PreK-12 Instructional Materials Industry Competitive Analysis, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 28, 2022 /PRNewswire/ --The "United States PreK-12 Instructional Materials Industry Competitive Analysis, 2022" report has been added to ResearchAndMarkets.com's offering.
  • The report finds that publishers are making a variety of adjustments to what they need to do to be competitive and successful to deal with the realities of the lingering impacts of Covid.
  • Although the intensity and drastic changes in learning from Covid have receded, publishers of K-12 Instructional Materials still are adjusting and making changes in their business, products and marketing from the ongoing impacts of the pandemic.
  • Another area looked at in the report is the importance of new priorities for K-12 publishers.

United States PreK-12 Instructional Materials Competitive Analysis Report 2022: Addressing Learning Loss, Emphasis on Digital Solutions Among Publishers' Focus - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 23, 2022

The "United States PreK-12 Instructional Materials Industry Competitive Analysis, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States PreK-12 Instructional Materials Industry Competitive Analysis, 2022" report has been added to ResearchAndMarkets.com's offering.
  • These include addressing ongoing student learning loss; focusing on digital solutions where possible and appropriate; helping in addressing the social and emotional health not just of students, but teachers and families as well, and focusing on providing flexible learning solutions.
  • In the just-published report, United States PreK-12 Instructional Materials Competitive Analysis 2022, the analyst reports on the range of new focus areas and marketing and product strategies that have largely been brought on, or in some cases accelerated, by the pandemic.
  • ; McGraw Hill; Pearson; Renaissance Learning; Savvas Learning Company; Scholastic Corporation and Stride Learning Solutions.

Source Capital, Inc. Declares Monthly Distributions on Common Stock

Retrieved on: 
Thursday, November 24, 2022

Distributions may include ordinary income, net capital gains and/or returns of capital.

Key Points: 
  • Distributions may include ordinary income, net capital gains and/or returns of capital.
  • A return of capital is not taxable; rather it reduces a shareholders tax basis in his or her shares of the Fund.
  • Final tax characteristics of all Fund distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
  • As with any stock, the price of the Funds common shares will fluctuate with market conditions and other factors.

Platinum Specialty Underwriters Announced Today Gross Written Premiums of $200m With a 50% Growth Rate Driven by the Success of Five New Product Offerings

Retrieved on: 
Wednesday, October 19, 2022

NEW HAVEN, Conn., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Platinum Specialty Underwriters announced Gross Written Premiums of $200m with a 50% growth rate driven by the success of five new product offerings to accompany the existing successful transportation program portfolio.

Key Points: 
  • NEW HAVEN, Conn., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Platinum Specialty Underwriters announced Gross Written Premiums of $200m with a 50% growth rate driven by the success of five new product offerings to accompany the existing successful transportation program portfolio.
  • Platinum underwriters are entrepreneurs providing solutions to wholesalers on underserved risk segments and complex risks.
  • Platinum's recent program offerings including Platinum Construction, Platinum Bars & Taverns, Sierra Farm, Platinum Excess Liability, and Platinum Management Liability.Platinum Construction covering Artisan Contractors and local General Contractors.
  • These new programs join the successful Platinum Transportation programs including Texas Trucking, Platinum Trucking Program, IPC and Platinum Excess Trucking.

Houston Natural Resources Corp Raises its Revenue Guidance for 2022

Retrieved on: 
Wednesday, August 31, 2022

HOUSTON, Aug. 31, 2022 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNR or the Company") announced today that it expects to report strong results for the remainder of 2022, projecting $20 million in revenue and $10m in EBITDA for the year ending December 31,2022. The third quarter is projected to be $5 million in revenue and $2.5m in EBITDA. The nine months through September 30, 2022, is projected to be $13m in revenue and $7m in EBITDA. The increase is due to an increase in revenues from its portfolio companies.

Key Points: 
  • HOUSTON, Aug. 31, 2022 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNR or the Company") announced today that it expects to report strong results for the remainder of 2022, projecting $20 million in revenue and $10m in EBITDA for the year ending December 31,2022.
  • The third quarter is projected to be $5 million in revenue and $2.5m in EBITDA.
  • The nine months through September 30, 2022, is projected to be $13m in revenue and $7m in EBITDA.
  • Houston Natural Resources Corp ( www.hnrcholdings.com ) (OTC:HNRC).

K-12 Instructional Materials Providers Adjust to Lingering Impacts of Covid

Retrieved on: 
Monday, August 22, 2022

ROCKVILLE, Md., Aug. 22, 2022 /PRNewswire/ -- According to a new report by SIMBA Information, although the intensity and drastic changes in learning from Covid have receded, publishers of K-12 Instructional Materials still are adjusting and making changes in their business, products and marketing from the ongoing impacts of the pandemic.

Key Points: 
  • In the just-published report, PreK-12 Instructional Materials Competitive Analysis 2022 , SIMBA reports on the range of new focus areas and marketing and product strategies that have largely been brought on, or in some cases accelerated, by the pandemic.
  • Publishers are also looking to ensure that their materials and tools can adapt to a wide range of learning styles and will work for students with all levels of needs and background.
  • Another area looked at in the report is the importance of new priorities for K-12 publishers.
  • Finally, the report profiles several leading public providers of K-12 materials: Cambium Learning; Cengage; Discovery Education; Goodheart-Willcox Company; Houghton Mifflin Harcourt; Kahoot!

Source Capital, Inc. Declares Monthly Distributions on Common Stock

Retrieved on: 
Monday, August 8, 2022

Distributions may include ordinary income, net capital gains and/or returns of capital.

Key Points: 
  • Distributions may include ordinary income, net capital gains and/or returns of capital.
  • A return of capital is not taxable; rather it reduces a shareholders tax basis in his or her shares of the Fund.
  • Final tax characteristics of all Fund distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
  • As with any stock, the price of the Funds common shares will fluctuate with market conditions and other factors.

Livewire Ergogenics Provides Update on Estrella River Farms in Paso Robles and Makana Ola Farms in Humboldt, California

Retrieved on: 
Monday, June 6, 2022

Estrella River Farms is now entering the third year of careful planning and focused development, along with intense environmental and State inspections.

Key Points: 
  • Estrella River Farms is now entering the third year of careful planning and focused development, along with intense environmental and State inspections.
  • This relationship will provide brand recognition for Estrella River Farms and introduce our exceptional product directly to consumers.
  • Our first harvest has proven that the team at Estrella River Farms produces an outstanding product.
  • Mr. Hodson continues, Estrella River Farms applied for nine 10,000sf cultivation licenses the last week of 2021.

HNRC UPDATES ON SECOND $100 MILLION DOLLAR SPAC

Retrieved on: 
Thursday, May 26, 2022

The company intends to invest in a second SPAC that has filed an S-1 registration statement this month for a $100 million dollar offering.

Key Points: 
  • The company intends to invest in a second SPAC that has filed an S-1 registration statement this month for a $100 million dollar offering.
  • It intends to list by the end of the second quarter of 2022.
  • The company sponsored a successful $86 million NYSE listing of an energy focused SPAC during the first quarter of 2022.
  • HNRC is currently evaluating six other SPAC opportunities and has identified a third SPAC for listing in the third quarter.