OTC Bulletin Board

Amundi Index Solutions: NOTICE TO SHAREHOLDERS of the share class “AMUNDI MSCI SWITZERLAND UCITS ETF - CHF (C)” “LU1681044993”

Retrieved on: 
Friday, September 23, 2022

We inform you that the board of directors of the SICAV (the Board) has decided to proceed with a split of the shares of the class of shares AMUNDI MSCI SWITZERLAND UCITS ETF - CHF (C) (ISIN: LU1681044993) (the Share Class).

Key Points: 
  • We inform you that the board of directors of the SICAV (the Board) has decided to proceed with a split of the shares of the class of shares AMUNDI MSCI SWITZERLAND UCITS ETF - CHF (C) (ISIN: LU1681044993) (the Share Class).
  • The Board has therefore resolved to divide by 40 the Net Asset Value (the NAV) per share of the Share Class and to simultaneously multiply by 40 the number of shares of the Share Class held by each shareholder.
  • As a result, one share initially held in the Share Class will correspond, following the split, to 40 shares of the Share Class with a NAV of a fortieth of its NAV before the split.
  • To operate the share split, subscriptions and redemptions will be suspended on the Primary Market from 23/09/2022 to 27/09/2022 (both included).

111 Inc. Receives Unsolicited Preliminary Non-Binding Proposal to Acquire the Company

Retrieved on: 
Friday, September 9, 2022

SHANGHAI, Sept.9, 2022 /PRNewswire/ -- 111 Inc. ( "111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company in China, today announced that its Board of Directors (the "Board") has received an unsolicited preliminary non-binding proposal letter (the "Proposal") dated September 9, 2022 jointly submitted by Dr.

Key Points: 
  • SHANGHAI, Sept.9, 2022 /PRNewswire/ -- 111 Inc. ( "111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company in China, today announced that its Board of Directors (the "Board") has received an unsolicited preliminary non-binding proposal letter (the "Proposal") dated September 9, 2022 jointly submitted by Dr.
  • According to the Proposal, the Buyer Groupintends to fund the consideration payable to consummate the transactions contemplated in the Proposal with equity capital.
  • Securities and Exchange Commission(the "SEC") a current report on Form 6-K regarding the Proposal, which will include the proposal letter as an annex thereto.
  • 111, Inc. (NASDAQ: YI) ("111" or the "Company") is a leading tech-enabled healthcare platform company committed to digitally connecting patients with medicine and healthcare services inChina.

Grindrod Shipping Holdings Ltd. Holding Announcement

Retrieved on: 
Monday, August 29, 2022

SINGAPORE, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (Grindrod Shipping or Company or we or us or our), a global provider of maritime transportation services predominantly in the drybulk sector, today made the following announcement.

Key Points: 
  • SINGAPORE, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (Grindrod Shipping or Company or we or us or our), a global provider of maritime transportation services predominantly in the drybulk sector, today made the following announcement.
  • Shareholders and potential investors are advised to exercise caution when dealing or trading in the shares of the Company.
  • Grindrod Shipping owns and operates a diversified fleet of owned, long-term and short-term chartered-in drybulk vessels predominantly in the handysize and supramax/ultramax segments.
  • Grindrod Shipping is listed on NASDAQ under the ticker GRIN and on the JSE under the ticker GSH.

QNB Corp. Declares Q3 2022 Dividend

Retrieved on: 
Tuesday, August 23, 2022

Quakertown, PA (23 August 2022) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on August 23, 2022, declared a quarterly cash dividend of $0.36 per share.

Key Points: 
  • Quakertown, PA (23 August 2022) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on August 23, 2022, declared a quarterly cash dividend of $0.36 per share.
  • The cash dividend is payable on September 30, 2022, to shareholders of record on September 16, 2022.
  • QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank.
  • QNB Corp.s stock is traded in the over-the-counter market under the symbol QNBC.

Announcement of Intention to Delist American Depositary Shares from the New York Stock Exchange and Intention to Deregister and Terminate Reporting Obligations under the U.S. Securities Exchange Act

Retrieved on: 
Friday, August 12, 2022

Such delisting is expected to become effective ten days after the filing of Form 25.

Key Points: 
  • Such delisting is expected to become effective ten days after the filing of Form 25.
  • The last trading day of ADSs on the NYSE will be on or about 1 September 2022.
  • Thereafter, the reporting obligations for the Company under the Exchange Act will be suspended unless Form 15F is subsequently revoked or rejected.
  • Private Securities Litigation Reform Act of 1995 and Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934.

The Southern Banc Company, Inc. Announces Preliminary Fourth Quarter Earnings

Retrieved on: 
Wednesday, August 10, 2022

The increase in interest and fees on loans was primarily attributable to an increase in factoring activity.

Key Points: 
  • The increase in interest and fees on loans was primarily attributable to an increase in factoring activity.
  • For the three months ended June 30, 2022, interest paid on deposits and borrowings decreased approximately $28,000 as compared to the same period in 2021.
  • For the fiscal year ended June 30, 2022, total interest income increased approximately $1,854,000, or 35.48% while total interest expenses decreased approximately $315,000, or (40.08%).
  • The stock of The Southern Banc Company, Inc. is listed on the OTC Bulletin Board under the symbol SRNN.

Beedie Investments Limited Enters into a Convertible Loan Facility with Integra Resources Corp.

Retrieved on: 
Friday, August 5, 2022

Vancouver, British Columbia--(Newsfile Corp. - August 4, 2022) - Beedie Investments Limited (the "Beedie") has entered into a credit agreement dated July 28, 2022 (the "Credit Agreement") with Integra Resources Corp. ("Integra") pursuant to which Beedie has agreed to loan up to US$20 million (the "Loan Facility") to Integra.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 4, 2022) - Beedie Investments Limited (the "Beedie") has entered into a credit agreement dated July 28, 2022 (the "Credit Agreement") with Integra Resources Corp. ("Integra") pursuant to which Beedie has agreed to loan up to US$20 million (the "Loan Facility") to Integra.
  • In addition, the Loan Facility includes a commitment fee of 1.5% on the total amount of the Loan Facility.
  • Immediately prior to advancing the Initial Advance under the Loan Facility, Beedie owned and controlled, directly or indirectly, an aggregate of 6,069,204 Common Shares.
  • All of the securities held by Beedie in Integra, including the Common Shares and the Credit Agreement, are being held for investment purposes.

OXFORD BANK CORPORATION ANNOUNCES SECOND QUARTER AND SIX-MONTH 2022 OPERATING RESULTS

Retrieved on: 
Wednesday, July 27, 2022

OXFORD, Mich., July 27, 2022 /PRNewswire/ -- Oxford Bank Corporation ("the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), today announced operating results for the second quarter ended June 30, 2022.

Key Points: 
  • OXFORD, Mich., July 27, 2022 /PRNewswire/ -- Oxford Bank Corporation ("the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), today announced operating results for the second quarter ended June 30, 2022.
  • Second quarter 2022 earnings also increased, as expected, compared to first quarter net income of $1.059 million, or $.46 per weighted average share.
  • Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company.
  • In addition, Oxford Bank has business banking centers in Ann Arbor, Flint, Oxford, and Wixom, MI.

Nasdaq Announces 3-For-1 Stock Split and Quarterly Dividend of $0.20 Per Share

Retrieved on: 
Wednesday, July 20, 2022

In June, Nasdaqs shareholders, and the SEC, approved the proposed amendment to increase the authorized shares of common stock in order to effect the stock split in the form of a stock dividend.

Key Points: 
  • In June, Nasdaqs shareholders, and the SEC, approved the proposed amendment to increase the authorized shares of common stock in order to effect the stock split in the form of a stock dividend.
  • The Board declared a 3-for-1 stock split in the form of a stock dividend, entitling each shareholder of record to receive two additional shares of common stock for every one share owned.
  • The Board has declared a regular quarterly dividend of $0.20 per share on the company's outstanding common stock.
  • On a split-adjusted basis, the dividend is economically equivalent to the pre-split quarterly dividend of $0.60 per share paid in the preceding quarter.

Beedie Investments Limited Enters into a Convertible Loan Facility with Playmaker Capital Inc.

Retrieved on: 
Tuesday, July 12, 2022

Vancouver, British Columbia--(Newsfile Corp. - July 12, 2022) - Beedie Investments Limited (the "Beedie") has entered into a credit agreement dated July 11, 2022 (the "Credit Agreement") with Playmaker Capital Inc. ("Playmaker") pursuant to which Beedie has agreed to loan up to US$20 million (the "Loan Facility") to Playmaker.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 12, 2022) - Beedie Investments Limited (the "Beedie") has entered into a credit agreement dated July 11, 2022 (the "Credit Agreement") with Playmaker Capital Inc. ("Playmaker") pursuant to which Beedie has agreed to loan up to US$20 million (the "Loan Facility") to Playmaker.
  • In addition, the Loan Facility includes a commitment fee of 1.5% on the total amount of the Loan Facility.
  • While Beedie has at least $10 million in capital invested in Playmaker, Beedie will be entitled to have an observer on the board of directors of Playmaker (the "Board").
  • All of the securities held by Beedie in Playmaker, including the Common Shares and the Credit Agreement, are being held for investment purposes.