Capital

Noodles & Company Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024

BROOMFIELD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) today announced financial results for the fourth quarter and fiscal year ended January 2, 2024, and provided a 2024 business outlook.

Key Points: 
  • BROOMFIELD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) today announced financial results for the fourth quarter and fiscal year ended January 2, 2024, and provided a 2024 business outlook.
  • Key highlights for the fourth quarter of 2023 (13 weeks) compared to the fourth quarter of 2022 (14 weeks) include:
    Total revenue decreased 8.9% to $124.3 million from $136.5 million.
  • Adjusting for the impact of the 53rd week in the fourth quarter of 2022, total revenue decreased $3.1 million in the fourth quarter of 2023, or 2.4%.
  • Noodles & Company will host a conference call to discuss its fourth quarter and fiscal year 2023 financial results on Thursday, March 7, 2024 at 4:30 p.m. EST.

EB5 Capital Begins Receiving I-829 Approvals for The Highline (JF13)

Retrieved on: 
Thursday, March 7, 2024

WASHINGTON, March 07, 2024 (GLOBE NEWSWIRE) -- EB5 Capital announced today that investors in its The Highline (JF13) project have begun receiving I-829 approvals from the United States Citizenship and Immigration Services (USCIS).

Key Points: 
  • WASHINGTON, March 07, 2024 (GLOBE NEWSWIRE) -- EB5 Capital announced today that investors in its The Highline (JF13) project have begun receiving I-829 approvals from the United States Citizenship and Immigration Services (USCIS).
  • I-829 approvals permit continued residence in the U.S. without conditions of restrictions and opens a path to U.S. citizenship for EB-5 investors.
  • The Highline (JF13), EB5 Capital’s third development in NoMa, opened in 2019 and was successfully refinanced a few months later.
  • EB5 Capital remains dedicated to identifying and executing projects that contribute meaningfully to local communities and economies across the United States.

Vital Farms Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024

AUSTIN, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its fourth quarter (14 weeks) and fiscal year (53 weeks) ended December 31, 2023.

Key Points: 
  • Financial highlights for the fourth quarter ended December 31, 2023 (14 weeks) compared to the fourth quarter ended December 25, 2022 (13 weeks):
    Net Revenue increased 23.4% to $135.8 million, compared to $110.1 million.
  • For the 14 Weeks Ended December 31, 2023
    Net revenue increased 23.4% to $135.8 million in the fourth quarter of 2023, compared to $110.1 million in the fourth quarter of 2022.
  • Income from operations in the fourth quarter of 2023 was $9.1 million, compared to income from operations of $3.4 million in the fourth quarter of 2022.
  • Thilo Wrede, Vital Farms’ Chief Financial Officer, commented: “We are very pleased with the financial performance we delivered in the fourth quarter and throughout 2023, highlighted by our record net revenue and improved profitability.

Burlington Stores, Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

Michael O’Sullivan, CEO, stated, “Our performance in the fourth quarter exceeded our guidance.

Key Points: 
  • Michael O’Sullivan, CEO, stated, “Our performance in the fourth quarter exceeded our guidance.
  • Diluted weighted average shares outstanding amounted to 64.4 million during the quarter compared with 65.4 million during the fourth quarter of Fiscal 2022.
  • During the fourth quarter the Company repurchased 605,311 shares of its common stock under its share repurchase program for $103 million.
  • ET to discuss the Company’s fourth quarter and fiscal 2023 results.

NAV's Bold Move: Pioneering Structured Investment Products in the DeFi Arena

Retrieved on: 
Thursday, March 7, 2024

Through a strategic partnership combining Digits Capital's market expertise with Open Hedge's technological acumen, NAV delivers sophisticated, quantitatively driven investment products.

Key Points: 
  • Through a strategic partnership combining Digits Capital's market expertise with Open Hedge's technological acumen, NAV delivers sophisticated, quantitatively driven investment products.
  • NAV's offerings are predicated on its Structured Investment Products (SIPs), which contain an assortment of Ecosystem specific strategies, customised to particular blockchain environments, and delta neutral quantitative based strategies like NAV’s Funding Arbitrage SIP.
  • With superior analytics and strategic automation, this cooperation makes NAV a pioneer in high-yield DeFi products.
  • Regulatory compliance and inclusiveness as a BVI-registered hedge fund are the fundamental pillars of NAV's approach to DeFi investments as the company works to expand its range of Structured Investment Products.

Sprott Launches Copper Miners ETF

Retrieved on: 
Wednesday, March 6, 2024

TORONTO, March 06, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott”) today announced the launch of the Sprott Copper Miners ETF (Nasdaq: COPP) (the “ETF” or “COPP”), the only1 U.S.-listed ETF to provide pure-play2 exposure to large, mid- and small-cap copper miners that supply a critical material necessary for the energy transition. The ETF is the most recent addition to Sprott’s suite of critical materials-focused ETFs and is Sprott’s second copper mining fund, joining the Sprott Junior Copper Miners ETF (COPJ), which launched in February 2023.

Key Points: 
  • Only U.S.-Listed ETF That Provides Pure-Play Exposure to Large, Mid- and Small-Cap Copper Miners
    TORONTO, March 06, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott”) today announced the launch of the Sprott Copper Miners ETF (Nasdaq: COPP) (the “ETF” or “COPP”), the only1 U.S.-listed ETF to provide pure-play2 exposure to large, mid- and small-cap copper miners that supply a critical material necessary for the energy transition.
  • The ETF is the most recent addition to Sprott’s suite of critical materials-focused ETFs and is Sprott’s second copper mining fund, joining the Sprott Junior Copper Miners ETF (COPJ), which launched in February 2023.
  • “Despite growing investor interest in copper as the energy transition gains momentum, it’s been challenging for investors to gain targeted exposure to copper miners.
  • We’re pleased to offer a focused opportunity to invest in copper miners through this ETF.”
    The Sprott Copper Miners ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Copper Miners™ Index (NSCOPP™).

Accelus President & CEO Kevin McGann to Present at LSI USA '24 Conference

Retrieved on: 
Tuesday, March 5, 2024

McGann’s presentation will provide an unparalleled opportunity for industry participants to engage with the company.

Key Points: 
  • McGann’s presentation will provide an unparalleled opportunity for industry participants to engage with the company.
  • Accelus has made significant strides under McGann’s leadership, from the sale of its Remi spine robot to Alphatec for $55 million to its recent $20 million funding from Symbiotic Capital.
  • “The LSI USA ’24 conference presents a valuable opportunity for attendees to discover how Accelus’s advancements in expandable spinal implants are providing minimally invasive yet maximally effective solutions for spinal fusion,” McGann said.
  • Attendees of the LSI USA '24 conference are invited to join Kevin McGann's presentation on March 21st at 2:40 p.m. in Track 2 to learn more about Accelus's transformative technologies and strategic vision for the future of spine care.

Saudi Arabian private capital increasingly focused on domestic growth in 2024 and beyond — Preqin reports

Retrieved on: 
Monday, March 4, 2024

The second theme is Saudi Arabian appetite for domestic investment through private markets, which continues to swell as home-grown entrepreneurialism, and so investment opportunities, burgeon.

Key Points: 
  • The second theme is Saudi Arabian appetite for domestic investment through private markets, which continues to swell as home-grown entrepreneurialism, and so investment opportunities, burgeon.
  • For over 30 years, Saudi Arabia has proved one of the world’s most reliable destinations for raising private capital.
  • Additional key findings of The Rise of Private Capital in Saudi Arabia Preqin Territory Guide include:
    Venture capital co-investment: There were 47 venture capital deals between non-Saudi Arabian fund managers and Saudi Arabian investors from 2018 to 2023.
  • Number of Saudi Arabia-focused private capital managers: By the end of 2021, there were 131 active managers focused on capital deployment in Saudi Arabia.

Information on the Total Number of Voting Rights (Denominator) following Conversion Notices from Atlas

Retrieved on: 
Monday, March 4, 2024

Atlas Special Opportunities, LLC has converted 6 convertible bonds in Oxurion resulting in a EUR 150,000 capital increase.

Key Points: 
  • Atlas Special Opportunities, LLC has converted 6 convertible bonds in Oxurion resulting in a EUR 150,000 capital increase.
  • This is part of Atlas Special Opportunities, LLC’s EUR 20 million Capital Commitment1 that will allow Oxurion to focus on developing innovative therapeutics to preserve the vision of elderly people, targeting potential market opportunities of USD 3-6 billion.
  • Following completion of capital increase through the conversion of the convertible bonds, the total number of shares issued by Oxurion amounts to 5,753,951,723 outstanding ordinary shares carrying voting rights (compared to 4,938,734,332 outstanding ordinary shares previously).
  • This number will be used as the denominator for the calculation of the percentages of shareholdings.

Talonvest Capital Negotiates $22,500,000 Permanent Loan for Southeast Portfolio

Retrieved on: 
Friday, March 1, 2024

The properties have a combined 2,382 units spanning 282,396 net rentable square feet.

Key Points: 
  • The properties have a combined 2,382 units spanning 282,396 net rentable square feet.
  • The non-recourse 5-year loan featured a fixed-rate and interest-only payments for the full term.
  • Dan Hryczyk, Chief Financial Officer at Metro Self Storage, commented, “The Talonvest team consistently delivers results.
  • Their insightful guidance and unparalleled expertise have continuously positioned us for success.”
    The Talonvest team members responsible for this transaction included Kim Bishop, Eric Snyder, Tom Sherlock, Philippe Castillo, and Lauren Maehler.