Special-purpose acquisition company

SenesTech Announces Reverse Stock Split

Retrieved on: 
Tuesday, November 15, 2022

PHOENIX, Nov. 15, 2022 /PRNewswire/ -- SenesTech, Inc. (NASDAQ: SNES, "SenesTech" or the "Company") (www.senestech.com) the rodent fertility control experts and inventors of the only EPA registered contraceptive for male and female rats, ContraPest®, today announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 20 pre-split shares. The reverse stock split will become effective at 11:59 p.m, Eastern Time, on November 15, 2022. The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol "SNES" and will begin trading on a split-adjusted basis when the market opens on November 16, 2022.

Key Points: 
  • It is not necessary for stockholders holding shares of the Company's common stock in certificated form to exchange their existing stock certificates for new stock certificates of the Company in connection with the reverse stock split, although stockholders may do so if they wish.
  • The reverse stock split will affect all stockholders uniformly and will not alter any stockholder's percentage interest in the Company's equity, except to the extent that the reverse stock split would result in a stockholder owning a fractional share.
  • The reverse stock split will reduce the number of shares of the Company's common stock outstanding from 12,212,950 shares to approximately 610,648 shares.
  • Such forward-looking statements include, among others, the expected timing of the reverse stock split and number of shares outstanding after the reverse stock split.

Allot Board Nominates Cynthia L. Paul to Serve as a Director

Retrieved on: 
Tuesday, November 15, 2022

Ms. Paul served as Chairperson of the Board of Directors of Conexant Systems, LLC, a semiconductor company, from 2013 until 2017.

Key Points: 
  • Ms. Paul served as Chairperson of the Board of Directors of Conexant Systems, LLC, a semiconductor company, from 2013 until 2017.
  • Ms. Paul joined SFM in 2000 and served as a SFM representative for the Council on Foreign Relations and on SFM's Investment Committee.
  • Ms. Paul is an advisory board member and former board member of AlphaSense Inc., a SaaS company providing intelligent search to enterprise customers.
  • "We are extremely pleased that Ms. Paul has accepted our nomination to be appointed to the Company's Board of Directors," said Yigal Jacoby, Allot's Chairman of the Board.

Motorsport Games Announces Completion of Previously Announced 1-for-10 Reverse Stock Split

Retrieved on: 
Wednesday, November 9, 2022

Motorsport Games is effecting the reverse stock split by filing a charter amendment with the Delaware Secretary of State.

Key Points: 
  • Motorsport Games is effecting the reverse stock split by filing a charter amendment with the Delaware Secretary of State.
  • The same 1-for-10 reverse stock split ratio is being used to effect the reverse stock split of both Motorsport Games Class A and Class B common stock, and accordingly, all stockholders will be affected proportionately.
  • Motorsport Games has retained its transfer agent, Worldwide Stock Transfer, LLC ("WST"), to act as exchange agent for the reverse stock split.
  • Upon the Effective Time, each certificate, if any representing shares of Motorsport Games common stock immediately prior to the reverse stock split will be deemed to represent the number of full shares of common stock resulting from the reverse stock split.

Timber Pharmaceuticals, Inc. Announces 1-for-50 Reverse Stock Split

Retrieved on: 
Tuesday, November 8, 2022

As a result of the reverse stock split, every 50 pre-split shares of common stock outstanding will become one share of common stock.

Key Points: 
  • As a result of the reverse stock split, every 50 pre-split shares of common stock outstanding will become one share of common stock.
  • The par value of the Companys common stock will remain unchanged at $0.001 per share after the reverse stock split.
  • The reverse stock split will not change the authorized number of shares of the Companys common stock.
  • The reverse stock split will affect all stockholders uniformly and will not alter any stockholders percentage interest in the Companys equity, except to the extent that the reverse stock split results in some stockholders owning a fractional share.

MIND CTI Reports Third Quarter 2022 Results

Retrieved on: 
Tuesday, November 8, 2022

The following will summarize our major achievements in the third quarter of 2022, as well as our business.

Key Points: 
  • The following will summarize our major achievements in the third quarter of 2022, as well as our business.
  • Revenues were $5.3 million, compared to $7.0 million in the third quarter of 2021, and $5.2 million in the second quarter of 2022.
  • Operating income was $1.4 million, compared to $1.7 million in the third quarter of 2021, and $1.3 million in the second quarter of 2022.
  • Cash flow from operating activities was $1.0 million, compared to $0.6 million in the third quarter of 2021, and $1.6 million in the second quarter of 2022.

Alithya reports continued strong growth in both revenues and performance

Retrieved on: 
Thursday, November 10, 2022

"In a seasonally slower quarter, the Alithya team delivered another record performance with improvements in all our key indicators.

Key Points: 
  • "In a seasonally slower quarter, the Alithya team delivered another record performance with improvements in all our key indicators.
  • We realized global Adjusted EBITDA growth of 87%, and revenue growth of 23% for Q2 F2023, compared to the same quarter last year.
  • Our robust performance is a testament to the continued health of our client relationships and our pipeline of projects.
  • Looking ahead, our second quarter performance hints at the strong potential of Alithya's platform as all the streams of our strategic plan start coming together.

Farmland Partners Announces Senior Executive Succession Plan

Retrieved on: 
Tuesday, November 8, 2022

Farmland Partners Inc. (NYSE: FPI) (the Company or FPI) today announced that its Board of Directors has approved a senior executive succession plan pursuant to which the Companys President Luca Fabbri will become Chief Executive Officer, effective following the filing of the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2022, which is expected to occur in late February 2023.

Key Points: 
  • Farmland Partners Inc. (NYSE: FPI) (the Company or FPI) today announced that its Board of Directors has approved a senior executive succession plan pursuant to which the Companys President Luca Fabbri will become Chief Executive Officer, effective following the filing of the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2022, which is expected to occur in late February 2023.
  • FPIs current Chairman and Chief Executive Officer, Paul Pittman, will remain as Executive Chairman of the Companys Board of Directors and as a full-time employee.
  • Pittman and Fabbri will continue to work side-by-side to formulate corporate strategy, execute the Companys growth plan and drive shareholder value.
  • Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate.

Newtopia Reports Third Quarter 2022 Financial Results

Retrieved on: 
Tuesday, November 8, 2022

Record year-to-date participant engagements of 113,100, up 13% year-over-year

Key Points: 
  • Record year-to-date participant engagements of 113,100, up 13% year-over-year
    Initiates cost-cutting program to improve efficiency and margins, while positioning the Company for long-term profitability
    Q3 2022 conference call scheduled for November 8, 2022 at 5 PM ET
    TORONTO, Nov. 8, 2022 /PRNewswire/ -Newtopia Inc. ("Newtopia" or the "Company") (TSXV: NEWU) (OTCQB: NEWUF), a tech-enabled whole health platform creating sustainable habits that prevent, slow, and reverse chronic disease, today announced its third quarter 2022 financial results for the three and nine months ended September 30, 2022.
  • Third Quarter 2022 Financial Highlights (vs. Q3 2021):
    "Newtopia continued to make progress during the third quarter," said Jeff Ruby, Founder and CEO of Newtopia.
  • Gross profit for the third quarter 2022 totaled $1.5 million, up 22% sequentially and up slightly from the prior-year period.
  • The Company will host a conference call today at 5:00 p.m. Eastern Time to discuss the third quarter 2022 results in further detail.

OncoSec Announces Reverse Stock Split

Retrieved on: 
Tuesday, November 8, 2022

The reverse stock split will become effective on November 9, 2022 (the "Effective Date"), and the Company's common stock is expected to begin trading on a split-adjusted basis when the market opens November 9, 2022.

Key Points: 
  • The reverse stock split will become effective on November 9, 2022 (the "Effective Date"), and the Company's common stock is expected to begin trading on a split-adjusted basis when the market opens November 9, 2022.
  • The new CUSIP for the common stock following the reverse stock split will be 68234L 405.
  • The reverse stock split will affect all stockholders uniformly and will not alter any stockholder's percentage interest in the Company's equity, except to the extent that the reverse stock split would result in a stockholder owning a fractional share.
  • Stockholders of record will be receiving information from the Company's transfer agent regarding their common stock ownership post- reverse stock split.

Investors Title Company Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend

Retrieved on: 
Monday, November 7, 2022

Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors declared a special cash dividend of $3.00 per share to shareholders of record on December 1, 2022, payable December 15, 2022.

Key Points: 
  • Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors declared a special cash dividend of $3.00 per share to shareholders of record on December 1, 2022, payable December 15, 2022.
  • The Board also declared a regular quarterly cash dividend of $.46 per share to shareholders of record December 1, 2022, payable on December 15, 2022.
  • The special dividend reflects the Companys recent results, strong financial position, and our confidence in the Companys financial future, said J. Allen Fine, Chairman of the Board of Investors Title Company.
  • Investors Title Company is a publicly held North Carolina company whose stock is traded on The Nasdaq Global Select Market.