KY

Appearance Technology Group Announces the Acquisition of BAF Industries

Retrieved on: 
Thursday, May 9, 2024

FARMINGTON, Mich., May 9, 2024 /PRNewswire/ -- Appearance Technology Group ("ATG") announced the acquisition of BAF Industries ("BAF").

Key Points: 
  • FARMINGTON, Mich., May 9, 2024 /PRNewswire/ -- Appearance Technology Group ("ATG") announced the acquisition of BAF Industries ("BAF").
  • Founded in 1935, BAF is a leading manufacturer of branded, consumable car care liquid chemicals and specialty aerosols for professional and do-it-yourself ("DIY") users.
  • BAF offers a comprehensive portfolio of soaps, cleaners, degreasers, aerosols, waxes, polishes, compounds, and coatings sold under the PRO® brand.
  • Nathan Iverson, CEO of ATG, said, "BAF and its PRO® brand draw on a rich history and longstanding reputation within the professional detailing market.

Quipt Home Medical Corp. Announces Filing of Final Base Shelf Prospectus

Retrieved on: 
Thursday, May 9, 2024

CINCINNATI, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, has filed and obtained a receipt for its final short form base shelf prospectus (the “Final Shelf Prospectus”) with the securities commissions in each of the provinces and territories of Canada, and a corresponding Amendment No.

Key Points: 
  • CINCINNATI, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, has filed and obtained a receipt for its final short form base shelf prospectus (the “Final Shelf Prospectus”) with the securities commissions in each of the provinces and territories of Canada, and a corresponding Amendment No.
  • The Final Shelf Prospectus and corresponding Amended Registration Statement enable the Company to offer up to C$300,000,000 of common shares, preferred shares, debt securities, warrants to acquire any of the securities that are described in the Final Shelf Prospectus‎, subscription receipts, and units comprised of any one or more of any of the other securities that are described in the Final Shelf Prospectus‎, or any combination thereof (collectively, the “Securities”) at any time during the 25-month period that the Final Shelf Prospectus remains effective.
  • The Final Shelf Prospectus and corresponding Amended Registration Statement will enable the Company to access new capital or issue securities in connection with strategic acquisitions if and when needed.
  • A copy of the Final Shelf Prospectus is available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov , or may be obtained by request from the secretary of the Company at 1019 Town Drive Wilder, Kentucky, USA 41076, telephone: (859) 878-2220.

Oxbridge Re Holdings Limited Reports First Quarter 2024 Results

Retrieved on: 
Thursday, May 9, 2024

“We were pleased with our core operational performance in the first quarter of 2024 in our Web-3 and reinsurance tokenization business," commented Oxbridge Re Holdings Chairman and Chief Executive Officer Jay Madhu.

Key Points: 
  • “We were pleased with our core operational performance in the first quarter of 2024 in our Web-3 and reinsurance tokenization business," commented Oxbridge Re Holdings Chairman and Chief Executive Officer Jay Madhu.
  • Net premiums earned for the three months ended March 31, 2024 increased to $549,000 from $0 in the prior year’s first quarter .
  • The increase is due to higher general administrative expenses incurred during the first quarter of 2024.
  • The increase is due to higher expenses incurred during the first quarter of 2024 when compared with the prior period.

Inter&Co Inc. Reports Record Profit

Retrieved on: 
Thursday, May 9, 2024

Record net income of R$195 million.

Key Points: 
  • Record net income of R$195 million.
  • “I am pleased to announce that the second year of our 60/30/30 north star goal has begun with extraordinary success.
  • Record Net Income of R$195 million.
  • The webcast details, along with the earnings materials can be accessed on the company’s Investor Relations website at https://investors.inter.co/en/ .

Binance Labs Incubated UXUY Secures $7M Pre-A Round Fundraising, Surpasses $10 Million Total Funding Milestone

Retrieved on: 
Thursday, May 9, 2024

On 9th May, UXUY , the Binance Labs incubated decentralized multi-chain trading platform, announced the successful completion of its $7 million Pre-A round financing.

Key Points: 
  • On 9th May, UXUY , the Binance Labs incubated decentralized multi-chain trading platform, announced the successful completion of its $7 million Pre-A round financing.
  • With over 100,000 traders utilizing its Bitcoin Lightning Network service, UXUY plays a pivotal role in bolstering the Bitcoin ecosystem.
  • The funds raised in this round will be dedicated to promoting efficient and low-cost transactions of assets such as Lightning Network Taproot Assets, Ordinals BRC-20, and Runes.
  • "We are delighted to announce the successful closure of our Pre-A funding round," said Jordan, Co-Founder of UXUY.

Creative Realities to Restructure Debt Through Revolving Credit Facility

Retrieved on: 
Thursday, May 9, 2024

LOUISVILLE, Ky., May 09, 2024 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (“Creative Realities,” “CRI,” or the “Company”) (NASDAQ: CREX), a leading provider of digital signage and media solutions, today announced that it had signed a non-binding commitment letter with First Merchants Bank (“First Merchants”) for a $20 million senior secured revolving credit facility (the “Revolver”) with a $5 million accordion feature.

Key Points: 
  • LOUISVILLE, Ky., May 09, 2024 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (“Creative Realities,” “CRI,” or the “Company”) (NASDAQ: CREX), a leading provider of digital signage and media solutions, today announced that it had signed a non-binding commitment letter with First Merchants Bank (“First Merchants”) for a $20 million senior secured revolving credit facility (the “Revolver”) with a $5 million accordion feature.
  • A portion of the funds available from the Revolver will, upon closing, pay off all existing indebtedness of the Company.
  • This new facility will accomplish both – and prepares us for the next stage in CRI’s growth trajectory.
  • Through performance, the Company has availed itself of the opportunity to refinance despite headwinds and uncertainty in debt markets.

LogicMark, Inc. to Present at Aegis Capital Corp. Virtual Conference on May 9, 2024

Retrieved on: 
Wednesday, May 8, 2024

LOUISVILLE, Ky., May 08, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced that Ms. Chia-Lin Simmons, CEO, and Mr. Mark Archer, CFO will speak at the virtual Aegis Capital Corp. Conference on Thursday, May 9th at 11:00 PDT / 2:00 pm EDT.

Key Points: 
  • LOUISVILLE, Ky., May 08, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced that Ms. Chia-Lin Simmons, CEO, and Mr. Mark Archer, CFO will speak at the virtual Aegis Capital Corp. Conference on Thursday, May 9th at 11:00 PDT / 2:00 pm EDT.
  • Please register here to attend the conference:

Greenlight Re Announces First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 8, 2024

GRAND CAYMAN, Cayman Islands, May 08, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, May 08, 2024 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the first quarter ended March 31, 2024.
  • Greg Richardson, Chief Executive Officer of Greenlight Re, stated, “Greenlight Re again delivered strong earnings during the first quarter of 2024, largely attributable to investment income, and marking our sixth consecutive quarter of underwriting profitability.
  • We found a number of promising new long investments during the quarter.”
    Gross premiums written in the first quarter of 2024 were $217.3 million, compared to $186.5 million in the first quarter of 2023.
  • The combined ratio for the first quarter of 2024 was 98.0%, compared to 99.8% for the equivalent period in 2023.

Credo Schedules Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call

Retrieved on: 
Wednesday, May 8, 2024

SAN JOSE, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, today announced it will hold a conference call on Wednesday, May 29, 2024, at 2:00 p.m. Pacific Time to discuss its financial results for the fourth quarter and fiscal year ended April 27, 2024.

Key Points: 
  • SAN JOSE, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, today announced it will hold a conference call on Wednesday, May 29, 2024, at 2:00 p.m. Pacific Time to discuss its financial results for the fourth quarter and fiscal year ended April 27, 2024.
  • The news release announcing the fourth quarter and fiscal year 2024 financial results will be disseminated on May 29, 2024 after the market closes.
  • Interested parties may join the conference call beginning at 2:00 p.m. Pacific Time on Wednesday, May 29, 2024 by registering online at https://register.vevent.com/register/BI4d5e6455e2a74e7cb96ee9a521f664fb .
  • After registering, a confirmation will be sent through email, including dial-in details and a unique conference call code for entry.

LogicMark, Inc. to Present at Virtual Emerging Growth Conference on May 8, 2024

Retrieved on: 
Tuesday, May 7, 2024

LOUISVILLE, K.Y., May 07, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced that Ms. Chia-Lin Simmons, CEO, will speak at the Emerging Growth Conference on May 8th at 11:20 PDT / 2:20 pm EDT.

Key Points: 
  • LOUISVILLE, K.Y., May 07, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced that Ms. Chia-Lin Simmons, CEO, will speak at the Emerging Growth Conference on May 8th at 11:20 PDT / 2:20 pm EDT.
  • LogicMark invites individual and institutional investors, advisors, and analysts to attend its real-time, virtual presentation.
  • Please register here to attend the conference and receive any updates that are released.
  • https://goto.webcasts.com/starthere.jsp?ei=1658202&tp_key=3a47c30b43&sti...
    If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference , with a replay link provided after the event.