Supplement

Graphene Manufacturing Group Announces Closing of $3.45M Overnight Marketed Offering, Including Exercise In Full of the Over-Allotment Option

Retrieved on: 
Wednesday, August 16, 2023

BRISBANE, Australia, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to announce that the Company has closed its previously announced overnight marketed public offering of units (the “Units”) of the Company, including exercise in full of the over-allotment option (the “Offering”). A total of 2,029,412 Units were sold at a price of C$1.70 per Unit for gross proceeds of approximately C$3.45 million. Each Unit is comprised of one ordinary share of the Company (each, an “Ordinary Share”) and one-half of one ordinary share purchase warrant (each whole ordinary share purchase warrant, a “Warrant”). Each Warrant shall entitle the holder to purchase one ordinary share of the Company (a “Warrant Share”) at an exercise price of C$2.20 per share at any time until August 16, 2027, subject to adjustment in certain events. The Offering was completed pursuant to an underwriting agreement dated August 10, 2023 among the Company and Raymond James Ltd., as lead underwriter and sole bookrunner, Eight Capital and H. C. Wainwright & Co. (collectively, the “Underwriters”).

Key Points: 
  • A total of 2,029,412 Units were sold at a price of C$1.70 per Unit for gross proceeds of approximately C$3.45 million.
  • Each Unit is comprised of one ordinary share of the Company (each, an “Ordinary Share”) and one-half of one ordinary share purchase warrant (each whole ordinary share purchase warrant, a “Warrant”).
  • Each Compensation Warrant is exercisable into a Unit at an exercise price of C$1.70 per Unit until August 16, 2026.
  • The Warrants are expected to begin trading on the TSXV under the symbol "GMG.WT" on or about August 21, 2023.

Cian PLC Announces Second Quarter and Six Months 2023 Financial Results

Retrieved on: 
Friday, August 18, 2023

Cian PLC (MOEX: CIAN) (“Cian”, the “Group” or the “Company”) (NYSE: CIAN), (MOEX: CIAN), a leading online real estate classifieds platform in Russia, today announced its financial results for the second quarter and six months ended June 30, 2023.

Key Points: 
  • Cian PLC (MOEX: CIAN) (“Cian”, the “Group” or the “Company”) (NYSE: CIAN), (MOEX: CIAN), a leading online real estate classifieds platform in Russia, today announced its financial results for the second quarter and six months ended June 30, 2023.
  • Dmitriy Grigoriev, Chief Executive Officer of Cian PLC, commented: “Cian continues to grow steadily both in our core business and new products on the back of demand recovery in the market.
  • See “Non-IFRS Financial Measures and Supplemental Financial Information” elsewhere in this release for a description of these measures and their reconciliation from the most directly comparable IFRS financial measures.
  • See “Non-IFRS Financial Measures and Supplemental Financial Information” elsewhere in this release for further information.

AM Best upgrades credit ratings of Madison National Life Insurance Company; affirms ratings of Horace Mann Educators Corporation and other subsidiaries

Retrieved on: 
Thursday, August 10, 2023

AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Madison National Life Insurance Company.

Key Points: 
  • AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Madison National Life Insurance Company.
  • Horace Mann Educators Corporation (NYSE:HMN) acquired Madison National in 2022, expanding its employer-sponsored product line in its Supplemental and Group Benefits segment and further diversifying Horace Mann.
  • “The ratings of Madison National Life reflect its balance sheet strength, which AM Best assesses as very strong, as well as adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • AM Best has also affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of the property & casualty members of Horace Mann Insurance Group; Horace Mann Life Insurance Company; National Teachers Associates Life Insurance Company, and its affiliated entity, NTA Life Insurance Company of New York.

GMG Announces Pricing of Marketed Unit Offering

Retrieved on: 
Thursday, August 10, 2023

BRISBANE, Australia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to announce pricing of its previously announced marketed offering (the "Offering") of units (the "Units") of the Company.

Key Points: 
  • BRISBANE, Australia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to announce pricing of its previously announced marketed offering (the "Offering") of units (the "Units") of the Company.
  • Pursuant to the Offering, the Company will issue 1,764,706 Units at a price of $1.70 per Unit for aggregate gross proceeds to the Company of approximately $3 million.
  • Each Unit will consist of one ordinary share of the Company (a "Common Share") and one-half of one ordinary share purchase warrant (each whole ordinary share purchase warrant, a "Warrant").
  • The Supplement and the Base Shelf Prospectus contain important detailed information about the Company and the proposed Offering.

GMG Announces Marketed Unit Offering

Retrieved on: 
Wednesday, August 9, 2023

BRISBANE, Australia, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to announce that it is commencing a marketed offering (the "Offering") of units (the "Units") of the Company. Each Unit will consist of one ordinary share of the Company (a "Common Share") and one-half of one ordinary share purchase warrant (each whole ordinary share purchase warrant, a "Warrant").

Key Points: 
  • BRISBANE, Australia, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to announce that it is commencing a marketed offering (the "Offering") of units (the "Units") of the Company.
  • There can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
  • Each Compensation Warrant shall entitle the Underwriters to purchase one Unit at the Offering Price at any time on or before the date which is 36 months following closing of the Offering.
  • The Supplement and the Base Shelf Prospectus contain important detailed information about the Company and the proposed Offering.

Standard BioTools Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 8, 2023

Total revenue grew 47% in the second quarter of 2023 and 17% in the first half of 2023.

Key Points: 
  • Total revenue grew 47% in the second quarter of 2023 and 17% in the first half of 2023.
  • Non-GAAP gross margin expanded by over 2,000 basis points in the second quarter of 2023 and over 1,000 basis points in the first half of 2023.
  • Operating cash use decreased over 70% to $8.5 million in the second quarter of 2023 and decreased over 60% to $17.7 million in the first half of 2023.
  • ET, to discuss second quarter 2023 financial results and operational progress as well as to provide additional color on its strategic actions.

Forge Global Holdings, Inc. Reports Second Quarter Fiscal Year 2023 Results

Retrieved on: 
Tuesday, August 8, 2023

Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended June 30, 2023.

Key Points: 
  • Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended June 30, 2023.
  • Revenue: Total revenue less transaction-based expenses was $16.6 million compared to $15.5 million in the quarter ended March 31, 2023.
  • Operating Loss: Total operating loss was $22.6 million compared to total operating loss of $23.0 million in the quarter ended March 31, 2023.
  • Net Loss: Net loss was $25.1 million compared to net loss of $21.3 million in the quarter ended March 31, 2023.

Macerich Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 8, 2023

SANTA MONICA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Second Quarter 2023 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com .

Key Points: 
  • SANTA MONICA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Second Quarter 2023 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com .
  • As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Tuesday, August 8, 2023, to discuss quarterly results.
  • Participants who wish to join the conference by telephone must register at the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call.
  • Participants may join the live webcast by accessing it at the webcast registration link below or in the Investors Section of the company’s website at https://investing.macerich.com/ .

CoreCivic Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 7, 2023

BRENTWOOD, Tenn., Aug. 07, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the second quarter of 2023.

Key Points: 
  • BRENTWOOD, Tenn., Aug. 07, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the second quarter of 2023.
  • Net income in the second quarter of 2023 totaled $14.8 million, or $0.13 per diluted share, compared with net income in the second quarter of 2022 of $10.6 million, or $0.09 per diluted share.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) was $71.8 million in the second quarter of 2023, compared with $71.1 million in the second quarter of 2022.
  • Adjusted EBITDA was $72.1 million in the second quarter of 2023, compared with $78.8 million in the second quarter of 2022.