Common stock

U-BX Technology Ltd. Announces Closing of $10 Million Initial Public Offering

Retrieved on: 
Monday, April 1, 2024
EF Hutton, Common stock, Madison Avenue, Offering, Form, Telephone, Winston & Strawn, Sale, Insurance, Prospectus, ATTN:, Security (finance)

Beijing, April 01, 2024 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (the “Company” or “UBXG”), an artificial intelligence-driven value-added services and products provider to insurance carriers, today announced the closing of its initial public offering (the "Offering") of 2,000,000 ordinary shares (the "Ordinary Shares") at an initial public offering price of $5.00 per share for total gross proceeds of $10,000,000, before deducting underwriting discounts and other offering expenses.

Key Points: 
  • Beijing, April 01, 2024 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (the “Company” or “UBXG”), an artificial intelligence-driven value-added services and products provider to insurance carriers, today announced the closing of its initial public offering (the "Offering") of 2,000,000 ordinary shares (the "Ordinary Shares") at an initial public offering price of $5.00 per share for total gross proceeds of $10,000,000, before deducting underwriting discounts and other offering expenses.
  • The Offering closed on April 1, 2024, and the Ordinary Shares began trading on Nasdaq Capital Market on March 28, 2024, under the ticker symbol "UBXG".
  • The Company has granted EF Hutton LLC (“EF Hutton”), the underwriter, an option to purchase up to an additional 300,000 Ordinary Shares at the public offering price, less underwriting discounts, to cover the over-allotments, if any, exercisable within 45 days from the closing date of the Offering.
  • EF Hutton acted as the sole bookrunner for the Offering.

HeartCore to Authorize a Dividend Payment

Retrieved on: 
Monday, April 1, 2024
Common stock, Growth, Sale, IPO, Holding company

After evaluating the Company’s balance sheet and financial profile, HeartCore and its Board of Directors deemed it was in the best interest of the Company and stockholders to declare and authorize a dividend on the common stock.

Key Points: 
  • After evaluating the Company’s balance sheet and financial profile, HeartCore and its Board of Directors deemed it was in the best interest of the Company and stockholders to declare and authorize a dividend on the common stock.
  • The record date for holders of the Common Stock to participate in the dividend is April 26, 2024, and the payment date will be May 3, 2024.
  • The four potential annual dividends may be equal to or greater than the current dividend.
  • “I am pleased to announce our inaugural dividend payment, a testament to our strong financial health and cash management throughout the year,” said HeartCore CEO Sumitaka Kanno Yamamoto.

CH Auto Technology Corporation Ltd. Completes Business Combination

Retrieved on: 
Sunday, March 31, 2024
Common stock, EV, Qiantu Motor, Growth, Cayman Islands, CFO, Acquisition, Sub, Business analyst, CSRC, Sister republic, Rights, MCAF, Mergers and acquisitions, Prospectus

Qun Lu, the founder and CEO of CHAFC, will continue to lead CH Auto, the parent company, as its Chairman, CEO and CFO after closing of the Business Combination.

Key Points: 
  • Qun Lu, the founder and CEO of CHAFC, will continue to lead CH Auto, the parent company, as its Chairman, CEO and CFO after closing of the Business Combination.
  • Following the Business Combination, the securities of CH Auto, including its Class A ordinary shares, will not be listed for trading on any securities exchange.
  • In the event CH Auto completes the CSRC filing procedure, CH Auto plans to list its securities on The Nasdaq Stock Market.
  • However, as previously disclosed in the Prospectus, dated September 28, 2023, CHATC, MCAF, CH Auto and Merger Sub had the option to waive such conditions, and ultimately CHATC, MCAF, CH Auto and Merger Sub did waive those conditions to consummate the Business Combination.

AEON Biopharma Announces Redemption of Public Warrants

Retrieved on: 
Sunday, March 31, 2024
AEON, Transfer, Common stock, Warrant, Exercise, Common, Sale, Attention, IPO, Fair market value, Redemption, Security (finance)

At the direction of the Company, the Warrant Agent has delivered a notice of redemption to each of the registered holders of the outstanding Public Warrants.

Key Points: 
  • At the direction of the Company, the Warrant Agent has delivered a notice of redemption to each of the registered holders of the outstanding Public Warrants.
  • Any Public Warrants that remain unexercised at 5:00 p.m. New York City time on the Redemption Date will be delisted, void and no longer exercisable, and the holders will have no rights with respect to those Public Warrants, except to receive the Redemption Price (or as otherwise described in the redemption notice for holders who hold their Public Warrants in “street name”).
  • The Redemption Fair Market Value means the volume weighted average price of the Common Stock for the ten trading days immediately following the date of the notice of redemption.
  • Questions concerning redemption and exercise of the Public Warrants can be directed to Continental Stock Transfer & Trust Company, 1 State Street, 30th Floor, New York, New York 10004, Attention: Compliance Department, telephone number (212) 509-4000.

Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock

Retrieved on: 
Thursday, March 28, 2024
Common stock, DCOM

HAUPPAUGE, N.Y., March 28, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors today declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on April 24, 2024 to common stockholders of record as of April 17, 2024.

Key Points: 
  • HAUPPAUGE, N.Y., March 28, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company”) announced that its Board of Directors today declared a quarterly cash dividend of $0.25 per share of Common Stock, payable on April 24, 2024 to common stockholders of record as of April 17, 2024.
  • The Company continues its trend of uninterrupted dividends.

AERWINS Technologies Announces 1-For-100 Reverse Stock Split

Retrieved on: 
Thursday, March 28, 2024
Common stock, Exercise, Common, Security (finance)

LOS ANGELES, CA, March 28, 2024 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (Nasdaq: AWIN) (“AERWINS” or “the Company”) today announced that the Company’s board of directors has resolved to effectuate a reverse stock split of AERWINS’s issued and outstanding common stock, par value $0.000001 per share (“Common Stock”) and has determined the ratio to be 1-for-100.

Key Points: 
  • LOS ANGELES, CA, March 28, 2024 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (Nasdaq: AWIN) (“AERWINS” or “the Company”) today announced that the Company’s board of directors has resolved to effectuate a reverse stock split of AERWINS’s issued and outstanding common stock, par value $0.000001 per share (“Common Stock”) and has determined the ratio to be 1-for-100.
  • AERWINS’s stockholders previously approved the reverse stock split and granted the board of directors the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company’s Annual Meeting of Stockholders held on November 20, 2023.
  • The reverse stock split will become effective at the market open on April 2, 2024, (“Effective Time”) and the Company’s Common Stock is expected to begin trading on a reverse stock split-adjusted basis on the Nasdaq Capital Market (“Nasdaq”) as of the open of trading on April 2, 2024, under the existing ticker symbol, “AWIN.” The reverse stock split is intended to increase the price per share of the Company’s Common Stock to allow the Company to demonstrate compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5550(a)(2).
  • Registered stockholders holding pre-reverse stock split shares of Common Stock electronically in book-entry form are not required to take any action to receive post-reverse stock split shares.

Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules

Retrieved on: 
Wednesday, March 27, 2024
Common stock, Private, Exercise, Form, Telephone, Common, Sale, Attention, Prospectus, Form S-3, P.C, Security (finance)

In a concurrent private placement, the Company also agreed to sell to the same investors, common warrants (“Common Warrants”).

Key Points: 
  • In a concurrent private placement, the Company also agreed to sell to the same investors, common warrants (“Common Warrants”).
  • Aggregate gross proceeds to the Company from both transactions are expected to be approximately $2.76 million, the maximum availability under the effective shelf registration statement.
  • The Common Warrants are exercisable immediately subject to registration and expire 5 years after the initial issuance date.
  • The registered direct offering is being made pursuant to an effective shelf registration statement on Form S-3 (No.

Trust Stamp Provides a Business Report and Financial Results for the Year Ended December 31, 2023

Retrieved on: 
Wednesday, March 27, 2024
Common stock, Negotiation, Comment, Longevity, Software as a service, Growth, Partnership, Independent, Research, Form 10-K, Security (finance), ICE, Trust, Investment, FIS, Cryptocurrency

Atlanta, GA, March 27, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company ™ providing AI-powered trust and identity services used globally across multiple sectors, announced financial results and provided a business update for year ended December 31, 2023.

Key Points: 
  • Atlanta, GA, March 27, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company ™ providing AI-powered trust and identity services used globally across multiple sectors, announced financial results and provided a business update for year ended December 31, 2023.
  • Trust Stamp Chief Executive Officer, Gareth N. Genner commented, “I am pleased to report our progress for the year ended December 31, 2023.
  • The relationship with our long-term customers remains very strong and we anticipate continued long-term growth in the revenue derived from those relationships.
  • This resulted in a basic and net loss per share of $1.07 for year ended December 31, 2023 compared to $2.55 for year ended December 31, 2022.

UniFirst Announces Financial Results for the Second Quarter of Fiscal 2024

Retrieved on: 
Wednesday, March 27, 2024
Common stock, Growth, UniFirst, Internet, Acquisition, UNF, Investment, Share repurchase, Hard, Security (finance)

WILMINGTON, Mass., March 27, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its second quarter ended February 24, 2024 as compared to the corresponding period in the prior fiscal year:

Key Points: 
  • WILMINGTON, Mass., March 27, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its second quarter ended February 24, 2024 as compared to the corresponding period in the prior fiscal year:
    Consolidated revenues for the second quarter increased 8.8% to $590.7 million.
  • The effect of these items on the second quarter of fiscal 2024 and 2023 combined to decrease:
    Both operating income and EBITDA by $3.2 million and $11.1 million, respectively.
  • The Company repurchased 45,250 shares of Common Stock for $7.9 million in the second quarter of fiscal 2024.
  • Weighted average shares outstanding – Diluted for both the second quarter of fiscal 2024 and fiscal 2023 were 18.8 million.

Movella Announces Nasdaq’s Planned Suspension of Trading of Securities

Retrieved on: 
Tuesday, March 26, 2024
Common stock, MVLA, Software, Security (finance), OTC, Movement, Cryptocurrency

As disclosed in the 8-K, the Company had expected that the last trading day of the Securities on the Nasdaq Global Market would be on or about April 11, 2024.

Key Points: 
  • As disclosed in the 8-K, the Company had expected that the last trading day of the Securities on the Nasdaq Global Market would be on or about April 11, 2024.
  • The Securities will remain listed on Nasdaq while trading is suspended until the effectiveness of the Form 25 filing on or about April 11, 2024, after which time the Securities will be delisted from Nasdaq.
  • Following the delisting of Movella’s Securities from trading on Nasdaq, any trading in the Securities would only occur in privately negotiated sales and potentially on an over‐the‐counter market.
  • Movella expects to have its Securities quoted on a market operated by OTC Markets Group Inc. (the “OTC”) on April 12th so that a trading market may continue to exist for the Securities.