Balance sheet

DigitalAMN Completes Restructuring of Contractor Obligations, Reducing Cap Table and Payable Liabilities

Thursday, June 4, 2020 - 6:16pm

As noted in the March 18, 2020 Coffee Talk , management anticipated its negotiations with contractors would result in only a two million common share reduction from the cap table.

Key Points: 
  • As noted in the March 18, 2020 Coffee Talk , management anticipated its negotiations with contractors would result in only a two million common share reduction from the cap table.
  • However, after the negotiations were complete, a total of 3,348,879 common shares were agreed to be exchanged for Preferred BB shares .
  • Furthermore, contractors agreed to settle accumulated cash liabilities which amounted to $557,910 freeing up the companys balance sheet.
  • Since 2017 we have worked diligently to streamline the cap table and now in 2020, were beginning to address payables, liabilities and other debt.

Veni Vidi Vici Limited: Issue of Options and Equity Correction

Thursday, June 4, 2020 - 2:08pm

This announcement replaces the 'Issue of Options and Equity' announcement released on 04-Jun-2020 / 12:50 GMT/BST.The reference to 0.55 pence has been replaced with 55 pence.

Key Points: 
  • This announcement replaces the 'Issue of Options and Equity' announcement released on 04-Jun-2020 / 12:50 GMT/BST.The reference to 0.55 pence has been replaced with 55 pence.
  • The Company announces that options (the "Options") over a total of 170,000 new ordinary shares in the capital of the Company ("Ordinary Shares") were awarded on 3 June 2020 at an exercise price of 55 pence (being the closing price of an Ordinary Share on 2 June 2020).
  • Following the issue, the Company now has a total of 245,000 options outstanding, representing approximately 14.24% of the existing Ordinary Share Capital of the Company.
  • Following the grant of these Options and Ordinary shares, the Directors will hold the following Ordinary Shares and Options.

NexTech CEO Evan Gappelberg Buys 100,000 Shares of Company Stock - Continues to Increase Position

Monday, June 1, 2020 - 12:30pm

It was reported that on 5/5/2020 he purchased 929,885 common shares of NexTech common stock.

Key Points: 
  • It was reported that on 5/5/2020 he purchased 929,885 common shares of NexTech common stock.
  • NexTech CEO Evan Gappelberg purchased the shares by exercising 100,000 warrants which put an additional $70,000 onto the balance sheet bringing his total investment in 2020 to $800,921; further bolstering the company's cash and inventory position which is already over $3 million.
  • Recent Company Highlights in 2020:
    May 25th, 2020: signed a contract to supply its Augmented Reality Solutions to a $30 billion market capital, publicly-traded global technology company.
  • NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

Transportation and Logistics Systems, Inc. Announces Financial Results for the Year Ended December 31, 2019

Monday, June 1, 2020 - 1:00pm

Since year-end, the Company has taken substantive measures to improve its balance sheet and cost structure, which management believes, will improve its financial performance in 2020.

Key Points: 
  • Since year-end, the Company has taken substantive measures to improve its balance sheet and cost structure, which management believes, will improve its financial performance in 2020.
  • This compared to a loss from continuing operations of $14,579,000 for the same period in 2018.
  • TLSS has recorded the financial results of a divested subsidiary as discontinued operations.
  • These include, but are not limited to, statements relating to future events or our future financial and operating results, plans, objectives, expectations and intentions.

Nidec Announces the Status of Own Share Repurchase

Monday, June 1, 2020 - 7:30am

KYOTO, Japan, June 01, 2020 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the Company) today announced the status of the Companys own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 23, 2020, and February 8, 2020, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.

Key Points: 
  • KYOTO, Japan, June 01, 2020 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the Company) today announced the status of the Companys own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 23, 2020, and February 8, 2020, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.
  • Period of own share repurchase: From May 1, 2020 through May 31, 2020
    Number of own shares repurchased: 0
    Note: The above repurchase information has been prepared on the basis of trade date.
  • A) The following details were resolved by the Companys Board of Directors on January 23, 2020 and February 8, 2020:
    Total number of shares that may be repurchased: Up to 8,000,000 shares
    (1.36% of total number of shares issued, excluding treasury stock)
    B) Total number and yen amount of own shares repurchased from January 24, 2020 through May 31, 2020, pursuant to the Board of Directors resolution above:
    Total number of own shares repurchased: 2,850,200

Renewi plc: Covid-19 update

Friday, May 29, 2020 - 8:01am

Renewi entered the crisis with well-established risk processes and crisis plans in place.

Key Points: 
  • Renewi entered the crisis with well-established risk processes and crisis plans in place.
  • When the potential scale of the crisis became clear in February, we constituted a Virus Response Team (VRT), drawing on cross-functional experts from across Renewi.
  • Renewi has additionally been focused on strengthening the balance sheet, including strategic disposals and a new bond issuance last year.
  • Swift and decisive action has been taken by Renewi to reduce operating costs and preserve cash-flows, saving 60m during FY21.

Eagle Growth and Income Opportunities Fund Announces Plans to Liquidate

Wednesday, May 27, 2020 - 8:00pm

BOSTON, May 27, 2020 (GLOBE NEWSWIRE) -- Eagle Growth and Income Opportunities Fund (the "Fund") (NYSE: EGIF) today announced that it intends to dissolve, liquidate and distribute its net assets to shareholders.

Key Points: 
  • BOSTON, May 27, 2020 (GLOBE NEWSWIRE) -- Eagle Growth and Income Opportunities Fund (the "Fund") (NYSE: EGIF) today announced that it intends to dissolve, liquidate and distribute its net assets to shareholders.
  • After significant consideration, it was determined that a merger is not feasible and that liquidation is in the best interests of the Fund and its shareholders.
  • The Board also has approved the termination of the Fund's credit facility and the Fund is no longer utilizing any leverage.
  • Founded in 1984, Eagle provides an array of fundamental equity and fixed income strategies designed to meet long-term goals of institutional and wealth clients.

Annual General Meeting 2020 in Karo Pharma Aktiebolag

Tuesday, May 26, 2020 - 4:14am

HUDDINGE, Sweden, May 26, 2020 /PRNewswire/ -- At today's annual general meeting of Karo Pharma, the following decisions were passed.

Key Points: 
  • HUDDINGE, Sweden, May 26, 2020 /PRNewswire/ -- At today's annual general meeting of Karo Pharma, the following decisions were passed.
  • The annual general meeting resolved to adopt the income statement and balance sheet for the group and the parent company.
  • The annual general meeting resolved that available funds, including the earnings for the year, were to be carried forward.
  • The annual general meeting resolved, in accordance with the board of directors' proposal, to authorise the board of directors, for the period until the next annual general meeting, on one or more occasions, to decide on the transfer of own shares.

RUBIS: Results from the capital increase reserved for Group employees

Friday, May 22, 2020 - 6:04pm

This document is a translation of the original French document and is provided for information purposes only.

Key Points: 
  • This document is a translation of the original French document and is provided for information purposes only.
  • Rubis had announced, on February 7, 2020, a capital increase reserved for eligible employees of the companies belonging to the Corporate Savings Plan, Rubis Avenir.
  • The maximum nominal amount authorized by the shareholders at the June 11, 2019 meeting was 700,000 (560,000 Rubis shares).
  • At the end of the subscription, Rubis confirmed that 515 employees, or 52.82% of the eligible employees, thus subscribed to the capital increase, in the amount of 3,854,330.76.

North American Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share

Friday, May 22, 2020 - 2:00pm

TORONTO, May 22, 2020 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.04583 for each Preferred share ($0.550annually).

Key Points: 
  • TORONTO, May 22, 2020 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.04583 for each Preferred share ($0.550annually).
  • Distributions are payable June 10, 2020 to shareholders on record as at May 29, 2020.
  • Since the latter part of February 2020, financial markets have been extremely volatile in response to the developing COVID-19 pandemic and equity markets in particular have experienced significant declines.
  • The net asset value per unit of the Company as at May 15, 2020 was $11.43.