Letter

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season

Retrieved on: 
Tuesday, April 2, 2024
Online, Health, HR, Growth, Letter, FDIC, Education, Bank, Climate, Cooperative, De novo

ORLANDO, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Climate First Bank , the world’s first FDIC-insured community bank founded to combat the climate crisis, today announces, through its holding company Climate First Bancorp, its latest round of capital raise to boost values-based banking efforts and initiatives across the nation supporting the company’s growth plans.

Key Points: 
  • ORLANDO, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Climate First Bank , the world’s first FDIC-insured community bank founded to combat the climate crisis, today announces, through its holding company Climate First Bancorp, its latest round of capital raise to boost values-based banking efforts and initiatives across the nation supporting the company’s growth plans.
  • The Bank is headed into its third year of operation and is poised to exit de novo status in June 2024, allowing it to fully scale services outside Florida.
  • Climate First Bancorp will run the capital raise campaign through September 2024 and funds are anticipated to be put toward initiatives like mission-driven technology, climate-focused loan solutions, values-aligned products and future acquisitions to accelerate the growth of subsidiaries Climate First Bank and fintech OneEthos.
  • For more information on Climate First Bank, please visit https://www.climatefirstbank.com .

Parks! America Needs Experienced Operators; Lisa Brady, the Current CEO, Isn’t One, states Focused Compounding Fund, L.P. in Open Letter

Retrieved on: 
Tuesday, April 2, 2024
GM, Venn, Letter, Growth, Face, CFO, History, Running, Palace Entertainment, PARC Management, Thought, Compounding, Merchandising, Six Flags, Weather, Language, Marketing, Focused, Management

DALLAS, April 02, 2024 (GLOBE NEWSWIRE) -- Focused Compounding Fund, L.P. (“Focused Compounding”) raises concerns about Parks! America, Inc.’s (OTCPink: PRKA) (“Parks! America” or the “Company”) Chief Executive Officer, Lisa Brady, and her lack of operational skills in an open letter to the Parks! America’s Board of Directors, and advises stockholders that they have a choice on the future direction of the Company at the Company’s annual meeting scheduled for June 6, 2024. Focused Compounding urges stockholders to vote for Focused Compounding’s nominated director candidates. The full text of the letter follows.

Key Points: 
  • America” or the “Company”) Chief Executive Officer, Lisa Brady, and her lack of operational skills in an open letter to the Parks!
  • Why are Focused Compounding (long a passive and supportive stockholder) and this Board fighting such a vicious fight over Parks!
  • Lisa was snuck in the back door as a director (not a manager) long after Focused Compounding bought 17% of the Company.
  • The break between Focused Compounding and the current board began when Dale (an experienced operator) was maneuvered out as CEO and Lisa (a non-operator) was chosen as CEO.

Marathon Partners Calls for Strategic Review Process for Dr. Martens

Retrieved on: 
Tuesday, April 2, 2024
Letter, Growth, Sale, Shareholder, Instinct

NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Marathon Partners Equity Management, LLC, a New York-based investment firm, and its affiliated investment funds (collectively "Marathon Partners"), which beneficially owns in excess of 5 million shares of the common stock of Dr. Martens plc (“Dr. Martens” or the “Company”), (LSE: DOCS), announced today that it recently delivered a letter to Chairman Paul Mason and the Board of Directors (the "Board"), urging the Board to commence a process of evaluating alternatives to maximize shareholder value, including a potential sale of the Company.

Key Points: 
  • Believes an Auction Process for Dr. Martens would likely Result in a Substantial Acquisition Premium for Shareholders
    NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Marathon Partners Equity Management, LLC, a New York-based investment firm, and its affiliated investment funds (collectively "Marathon Partners"), which beneficially owns in excess of 5 million shares of the common stock of Dr. Martens plc (“Dr.
  • In its letter to the Board, Marathon Partners recommended that the Dr. Martens Board hire an advisor and commence a strategic review process, including a potential sale or merger of the Company to interested parties, with the express goal of maximizing shareholder value.
  • Prior to the release of its letter, Marathon Partners held discussions with multiple Directors of Dr. Martens to privately resolve these matters.
  • Mario Cibelli commented, "Dr. Martens is a distinctly British brand that has had authentic cultural ties to global consumers for decades.

DEEP GREEN Waste & Recycling Shareholder Letter Highlights Exceptional Year

Retrieved on: 
Tuesday, April 2, 2024
Letter, Growth, Asbestos, Recycling, Lead, History, Sale, Acquisition, LES, Radon, OTC, Vanderbilt University Medical Center, DEEP, Renewable energy

Saint Simons Island, GA, April 02, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTC: DGWR) is pleased to release the following letter to shareholders which provides details on its recent performance highlights, service offerings and growth strategy going forward.

Key Points: 
  • Saint Simons Island, GA, April 02, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTC: DGWR) is pleased to release the following letter to shareholders which provides details on its recent performance highlights, service offerings and growth strategy going forward.
  • I am pleased to share with you the latest developments and achievements of DEEP GREEN Waste & Recycling Inc. over the past two months.
  • This project not only represents the largest single abatement project in the history of DEEP GREEN but also demonstrates our commitment to environmental stewardship and positions our company for accelerated growth.
  • Thank you for your continued support and confidence in DEEP GREEN Waste & Recycling Inc.

Base Carbon Reports Year End 2023 Operating and Financial Results

Retrieved on: 
Tuesday, April 2, 2024
Carbon, VNV, Government, Letter, ARR, Partnership, STX, Sale, Investment, Safety, Tree, Verra, Renewable energy

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce its year-end 2023 consolidated financial results and operational highlights.

Key Points: 
  • TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce its year-end 2023 consolidated financial results and operational highlights.
  • First Article 6 Authorized Label tagged carbon credits anticipated to be transferred to the Company during Q2 2024.
  • In August 2023, executed a project agreement for the India afforestation, reforestation, and revegetation (ARR) project, a high-quality nature-based carbon removal project.
  • “2023 was the milestone year in which Base Carbon began to transition its project development portfolio to production.

DMC Global Issues Annual Letter to Stakeholders

Retrieved on: 
Tuesday, April 2, 2024
Letter

BROOMFIELD, Colo., April 02, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today published its Annual Letter to Stakeholders from President and CEO Michael Kuta. The letter is available HERE, or under “Company Info” on the INVESTORS page of DMC’s website.

Key Points: 

BROOMFIELD, Colo., April 02, 2024 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today published its Annual Letter to Stakeholders from President and CEO Michael Kuta. The letter is available HERE , or under “Company Info” on the INVESTORS page of DMC’s website.

Janover CEO Provides Letter to Shareholders

Retrieved on: 
Tuesday, April 2, 2024
Failure, Automation, Culture, Letter, SBA, Amazon, Trust, Coffee, Beauty, Small business, IPO, Great, Fintech, BOCA, Fed, Weather

BOCA RATON, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided the following letter to shareholders from the Company’s Chairman and CEO, Blake Janover:

Key Points: 
  • BOCA RATON, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided the following letter to shareholders from the Company’s Chairman and CEO, Blake Janover:
    Thank you for taking a moment to read my first shareholder letter to Janover public company investors.
  • 2023 was a monumental year for us as a business and for me personally as the Founder & CEO of our company.
  • I say our company because whether you own one share or, as is in my case, many, it’s ours.
  • Our organization will continue to build out a resilient mix of high-quality product offerings to drive value to our customers and as an extension, our shareholders.

ToughBuilt Obtains Purchase Order Financing to Fuel Supply Chain and Growth Initiatives

Retrieved on: 
Tuesday, April 2, 2024
Letter, Growth, Financial services

Credit line expected to empower ToughBuilt Industries Inc. to strengthen purchasing power by a minimum of $30 million annually.

Key Points: 
  • Credit line expected to empower ToughBuilt Industries Inc. to strengthen purchasing power by a minimum of $30 million annually.
  • IRVINE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the “Company”) (NASDAQ: TBLT) today announced its strategic alliance with King Trade Capital (“KTC”), securing a line of credit expected to significantly enhance the Company’s procurement, direct import, and order fulfillment capabilities.
  • King Trade Capital, the largest independent provider of purchase order finance in the United States, has provided more than $2.5 billion in capital to over 400 public and private companies worldwide.
  • Michael Panosian, ToughBuilt’s Co-Founder and Chief Executive Officer, remarked, "We believe our arrangement with King Trade Capital will fuel our agility in sourcing and meeting demand for our current and new customers.

LUXH INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that LuxUrban Hotels Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Tuesday, April 2, 2024
Letter, Defendant, News, Complaint, Person, Royalton Hotel, Result, Analysis, Court

In November 2023, the Company announced it had signed a 25-year Master Lease Agreement (“MLA”) with the prestigious Royalton Hotel in New York.

Key Points: 
  • In November 2023, the Company announced it had signed a 25-year Master Lease Agreement (“MLA”) with the prestigious Royalton Hotel in New York.
  • On January 17, 2024, Bleecker Street Research published a report, which alleged that the Company had not actually signed a lease with the Royalton Hotel.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

iRhythm Technologies, Inc. investors: Please contact the Portnoy Law Firm to recover your losses; April 8, 2024 deadline

Retrieved on: 
Monday, April 1, 2024
Letter, Disclosure, Justice, Lung compliance, Marketing, FDA, IRTC, Pharmaceutical industry

​LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises iRhythm Technologies, Inc. (NASDAQ: IRTC) investors that a lawsuit was filed on behalf of investors that purchased iRhythm securities between January 11, 2022 and May 30, 2023, 2023, inclusive (the “Class Period”).

Key Points: 
  • ​LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises iRhythm Technologies, Inc. (NASDAQ: IRTC) investors that a lawsuit was filed on behalf of investors that purchased iRhythm securities between January 11, 2022 and May 30, 2023, 2023, inclusive (the “Class Period”).
  • Investors are encouraged to contact attorney Lesley F. Portnoy , by phone 310-692-8883 or email : [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com .
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
  • The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing.