Common stock

Dyadic Announces Closing of Private Placement of $6.0 Million Convertible Notes to Accelerate Near-Term Revenue Growth and Commercialization

Retrieved on: 
Monday, March 11, 2024
Senior, Finance Secretary (India), Note, C1, Common stock, Growth, Sale, Common, Form, Health, Convertible, Clinical trial, Human, VWAP, Security (finance)

The Convertible Notes will be senior, secured obligations of Dyadic and its affiliates, and interest will be payable quarterly in cash on the principal amount equal to 8% per annum.

Key Points: 
  • The Convertible Notes will be senior, secured obligations of Dyadic and its affiliates, and interest will be payable quarterly in cash on the principal amount equal to 8% per annum.
  • The Convertible Notes will mature on March 8, 2027 (the “Maturity Date”), unless earlier converted, repurchased, or redeemed in accordance with the terms of the Convertible Notes.
  • The Convertible Notes will be convertible into shares of Dyadic’s Class A common stock (the “Common Stock”), at the option of the holders of the Convertible Notes (the “Noteholders”) at any time prior to the Maturity Date.
  • “I would like to extend our gratitude to long-term shareholders for their steadfast support.

Empire Petroleum Announces Commencement of Previously Announced Rights Offering

Retrieved on: 
Friday, March 8, 2024
Transfer, The Company, Prospectus, Expiration, Rights, News, Common stock, Sale, Exercise, Common, Letter, Eastern Time Zone, Security (finance)

TULSA, Okla., March 07, 2024 (GLOBE NEWSWIRE) -- Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it has commenced its previously announced subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $25.0 million.

Key Points: 
  • TULSA, Okla., March 07, 2024 (GLOBE NEWSWIRE) -- Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that it has commenced its previously announced subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $25.0 million.
  • In addition, holders of subscription rights who fully exercise their subscription rights are entitled to over-subscribe for additional shares of Common Stock, subject to proration.
  • Holders of subscription rights who hold their shares directly will receive a prospectus, a prospectus supplement, a letter from Empire describing the Rights Offering, and a subscription rights certificate.
  • Those holders who intend to exercise their subscription rights and over-subscription rights should review all of these materials, properly complete and execute the subscription rights certificates, and deliver the subscription rights certificates and full payment to Securities Transfer Corporation, the subscription agent for the Rights Offering, at the address set forth in the prospectus supplement.

Superior Energy Services Announces Fourth Quarter 2023 Results and Conference Call

Retrieved on: 
Friday, March 8, 2024
Well, Acquisition, International, Superior, Renting, BCS, Rationalization, Free cash flow, Common stock, Sale, Adjustment, Well services, Line of credit, Safety, Net income, Income tax, GAAP, Gulf of Mexico, Public expenditure, Superior Energy Services, Video game

HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Superior Energy Services, Inc. (the “Company”) reported its results for the fiscal quarter and full year ended December 31, 2023.

Key Points: 
  • HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Superior Energy Services, Inc. (the “Company”) reported its results for the fiscal quarter and full year ended December 31, 2023.
  • The Company’s Adjusted EBITDA (a non-GAAP measure defined on page 5) was $85.3 million for the fourth quarter of 2023 compared to $71.8 million in the third quarter of 2023.
  • U.S. offshore revenue was $96.3 million in the fourth quarter of 2023, an increase of 63% compared to revenue of $59.1 million in the third quarter of 2023.
  • Adjusted EBITDA for the fourth quarter of 2023 was $69.8 million, a 1% increase from the third quarter of 2023.

First Watch Restaurant Group, Inc. Announces Secondary Offering of Common Stock

Retrieved on: 
Thursday, March 7, 2024
Analysis, Social media, Prospectus, Restaurant, Weather, Annual report, Lunch, Common stock, Growth, Terrorism, EDGAR, Sale, Food, Communication, Advertising, Broadridge Financial Solutions, Health, Advent International, Employment, Intellectual property, Privacy, Result, Workforce, Offering, Failure, Security (finance)

BRADENTON, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), a leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the launch of an underwritten secondary offering (the “Offering”) by certain funds managed by Advent International, L.P. (the “Selling Stockholders”) of 6,000,000 shares of the Company’s common stock (“Common Stock”).

Key Points: 
  • BRADENTON, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), a leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the launch of an underwritten secondary offering (the “Offering”) by certain funds managed by Advent International, L.P. (the “Selling Stockholders”) of 6,000,000 shares of the Company’s common stock (“Common Stock”).
  • The underwriter has a 30-day option to purchase up to an additional 900,000 shares of Common Stock at the public offering price, less underwriting discounts and commissions.
  • The Selling Stockholders will receive all of the proceeds from the Offering.
  • The Company is not selling any shares of Common Stock in the Offering and will not receive any proceeds from the Offering.

Rapid Micro Biosystems Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, March 6, 2024
RSU, Common stock, Common, Compensated emancipation, Automation, Employment

The 2023 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee of the Company, as an inducement material to such individual's entering into employment with the Company, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.

Key Points: 
  • The 2023 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee of the Company, as an inducement material to such individual's entering into employment with the Company, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.
  • The options have an exercise price of $0.99 per share, which is equal to the closing price of the Common Stock on March 4, 2024 (the “Grant Date”).
  • The RSUs will vest annually over a three-year period, with one-third of the RSUs vesting on each anniversary of the Grant Date, subject to such employee's continued employment on each vesting date.
  • The options and RSUs are subject to the terms and conditions of the 2023 Inducement Plan, and the terms and conditions of the stock option and RSU agreements covering the grants.

OTC Markets Group Reports Fourth Quarter and Full Year 2023 Results Delivering Continued Revenue Growth

Retrieved on: 
Wednesday, March 6, 2024
Online, OTCQB, PIN, DNS, Common stock, Growth, OTC Markets Group, VIC, GAAP, Corporate services, Donnelley Financial Solutions, Information services, Webcast, OTCQX, Q&A

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced its financial results for the fourth quarter and full year 2023.

Key Points: 
  • OTC Link revenues down 6%, primarily as a result of a reduction in revenues from OTC Link ATS messages of 18% and from OTC Link ECN and OTC Link NQB, which in aggregate declined 5%.
  • Contributing to the overall decline in OTC Link revenues were also QAP One Statement fees, down 31%.
  • The decline in OTC Link revenues is consistent with a year over year decline in trading activity on our markets.
  • OTC Markets Group announced today that its Board of Directors authorized and approved a quarterly cash dividend of $0.18 per share of Class A Common Stock.

Oil-Dri Board of Directors Declares Quarterly Dividends

Retrieved on: 
Wednesday, March 6, 2024
Common stock, Central Time, ODC, Holding company

CHICAGO, March 06, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.29 per share of the Company’s Common Stock and $0.218 per share of the Company’s Class B Stock.

Key Points: 
  • CHICAGO, March 06, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.29 per share of the Company’s Common Stock and $0.218 per share of the Company’s Class B Stock.
  • The dividends will be payable on May 24, 2024 to stockholders of record at the close of business on May 10, 2024.
  • Oil-Dri has paid cash dividends continuously each year since 1974 and has increased dividends annually for twenty consecutive years.
  • Oil-Dri will host an earnings discussion via a live webcast on Friday, March 8, 2024 at 10:00 a.m. Central Time.

Nexxen Reports Results for the Fourth Quarter and Year Ended December 31, 2023

Retrieved on: 
Wednesday, March 6, 2024
Restaurant, ACR, Growth, Contribution, Tremor International, Optimism, Common stock, OTT, Share repurchase, EMarketer, Weakness, Set-top box, Data, Advertising, Ecosystem, LG Electronics, Uncertainty, Tablet, Partnership, Netflix, Smart TV, Connected, Original equipment manufacturer, Fast-moving consumer goods, Intelligence, CTV, Electronics, DSPS, Liquidity, B.I, LGE, Research, Acquisition, Food, Hulu, TCL, Cryptocurrency

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), announced today its financial results for the fourth quarter and year ended December 31, 2023. The Company’s financial results for the fourth quarter and year ended December 31, 2023, as well as the fourth quarter ended December 31, 2022, reflect the combined financial performance of Nexxen and Amobee, while comparative figures for the year ended December 31, 2022 include Amobee contribution only from September 12, 2022 through December 31, 2022.

Key Points: 
  • The Company’s financial results for the fourth quarter and year ended December 31, 2023, as well as the fourth quarter ended December 31, 2022, reflect the combined financial performance of Nexxen and Amobee, while comparative figures for the year ended December 31, 2022 include Amobee contribution only from September 12, 2022 through December 31, 2022.
  • CTV Revenue: CTV revenue was $19.9 million in Q4 2023, compared to $33.0 million in Q4 2022.
  • CTV revenue was $85.5 million for the year ended December 31, 2023, reflecting a 12% decrease from $97.2 million for the year ended December 31, 2022.
  • The Company added 372 new supply partners during the twelve months ended December 31, 2023, including 327 in the U.S.

European Wax Center, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Wednesday, March 6, 2024
Investment, Share repurchase, Common stock, European Wax Center, Income tax, Insurance, Pharmaceutical industry

PLANO, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 14 and 53 weeks ended January 6, 2024.

Key Points: 
  • David Willis, Chief Executive Officer of European Wax Center, Inc. stated: “European Wax Center delivered a strong fourth quarter and equally strong full year 2023 performance.
  • We opened 100 net new centers in 2023, all of which were developed by existing operators, demonstrating continued demand from our franchisees.
  • We expect to deliver another year of top and bottom-line growth, driven by new center openings and in-center sales growth.
  • Income tax expense was $2.2 million compared to an income tax benefit of $53.3 million in the fourth quarter of fiscal 2022.

Canoo Inc. Announces 1-for-23 Reverse Stock Split Effective March 8, 2024

Retrieved on: 
Wednesday, March 6, 2024
Transfer, 8-K, Special, Common stock, Sale, Exercise, Common, Form, CUSIP, Eastern Time Zone, Security (finance), Fraction, Trust, Effective date

Justin, TX, March 06, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV ), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-23 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on March 8, 2024, at 8:00 a.m., Eastern Time (“Effective Date”).

Key Points: 
  • Justin, TX, March 06, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV ), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-23 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on March 8, 2024, at 8:00 a.m., Eastern Time (“Effective Date”).
  • As a result of the reverse stock split, every 23 shares of the Company’s Common Stock will automatically be combined into one share of Common Stock.
  • As of the Effective Date, the number of shares of Common Stock available for issuance under the Company’s equity incentive plans and issuable pursuant to equity awards immediately prior to the reverse stock split will be proportionately adjusted by the reverse stock split.
  • Continental is acting as the exchange agent for the reverse stock split and will send stockholders a transaction statement indicating the number of shares of Common Stock stockholders hold after the reverse stock split.