Blue Bird Corporation

Blue Bird Announces Launch of Secondary Public Offering

Retrieved on: 
Thursday, February 15, 2024

The offering consists entirely of secondary shares to be sold by the Selling Stockholder.

Key Points: 
  • The offering consists entirely of secondary shares to be sold by the Selling Stockholder.
  • The Selling Stockholder will receive all of the proceeds from the offering.
  • The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.
  • The offering will be made only by means of a free writing prospectus, the prospectus and the related prospectus supplement.

HF Foods Appoints Felix Lin as President of the Company

Retrieved on: 
Friday, February 9, 2024

LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants throughout the United States (“HF Foods”, or the “Company”), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as President of the Company, in addition to his current role as the Company’s Chief Operating Officer, effective February 12, 2024.

Key Points: 
  • LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants throughout the United States (“HF Foods”, or the “Company”), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as President of the Company, in addition to his current role as the Company’s Chief Operating Officer, effective February 12, 2024.
  • Mr. Lin has served as the Company’s Chief Operating Officer since May 1, 2022.
  • Peter Zhang, CEO of HF Foods added: “I am pleased to announce that Felix Lin, Chief Operating Officer, will assume the additional role of President for HF Foods.
  • As President and Chief Operating Officer of HF Foods, Felix will lead the cross-functional collaboration internally in achieving our strategic business objectives.

Blue Bird Reports Fiscal 2024 First Quarter Record Results; Raises 2024 Guidance

Retrieved on: 
Wednesday, February 7, 2024

With better line-of-sight into 2024, we are raising our fiscal 2024 full-year guidance to Net Revenue to $1.15-1.25 Billion, Adj.

Key Points: 
  • With better line-of-sight into 2024, we are raising our fiscal 2024 full-year guidance to Net Revenue to $1.15-1.25 Billion, Adj.
  • Additionally, Parts sales increased $1.7 million, or 7.7%, for the first quarter of fiscal 2024 compared with the first quarter of fiscal 2023.
  • Net income was $26.2 million for the first quarter of fiscal 2024, which was a $37.4 million increase from the first quarter of last year.
  • Blue Bird will discuss its first quarter 2024 results in a conference call at 4:30 PM ET today.

Glancy Prongay & Murray LLP Announces Investigation of Blue Bird Corporation (BLBD) (f/k/a Hennessy Capital Acquisition Corp.)

Retrieved on: 
Friday, February 2, 2024

Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Blue Bird Corporation (Nasdaq: BLBD) (f/k/a Hennessy Capital Acquisition Corp.) concerning the Company and its directors’ and officers’ possible violations of state laws.

Key Points: 
  • Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Blue Bird Corporation (Nasdaq: BLBD) (f/k/a Hennessy Capital Acquisition Corp.) concerning the Company and its directors’ and officers’ possible violations of state laws.
  • If you inquire by email please include your mailing address, telephone number, and the number of shares purchased and held.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240202186991/en/

Blue Bird Announces Authorization of $60 Million Stock Repurchase Program

Retrieved on: 
Thursday, February 1, 2024

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, today announced that its Board of Directors authorized the company to repurchase up to $60 million in the aggregate of its outstanding common stock during the next 24 months.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, today announced that its Board of Directors authorized the company to repurchase up to $60 million in the aggregate of its outstanding common stock during the next 24 months.
  • The repurchase program permits repurchases in open market or private transactions, including accelerated share repurchase transactions, block trades, or pursuant to trading plans intended to comply with SEC Rule 10b5-1.
  • “We are proud of Blue Bird’s continued strong performance and are excited to leverage our strong free cash flow generation again to return capital to our shareholders through this new stock repurchase program,” said Blue Bird CEO Phil Horlock.
  • The repurchase program does not obligate Blue Bird to acquire any specific amount of securities and can be modified or terminated at any time without notice.

Leading Global Institutions Invest in a Clean Energy Future With Generate Capital

Retrieved on: 
Wednesday, January 31, 2024

Today, Generate Capital (“Generate”), a leading sustainable infrastructure platform, announced the closing of its latest capital raise with $1.5 billion in new capital commitments from preeminent global institutional investors.

Key Points: 
  • Today, Generate Capital (“Generate”), a leading sustainable infrastructure platform, announced the closing of its latest capital raise with $1.5 billion in new capital commitments from preeminent global institutional investors.
  • This new round brings the total capital raised by Generate since its inception in 2014 to over $10 billion.
  • As of September 2023, Generate helped produce over 320GWh of sustainable power and process more than 715Kt in organic waste.
  • “We're at an inflection point in the transition to a clean energy economy,” says Generate Capital CEO and co-founder Scott Jacobs.

Nuvve Celebrates 500th Electric School Bus EVSE Deployed in the K-12 Business Channel

Retrieved on: 
Wednesday, January 31, 2024

SAN DIEGO, Jan. 31, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, celebrated the 500th electric school bus EVSE to be deployed which will be managed through its proprietary GIVe™ bidirectional, smart-charging software platform.

Key Points: 
  • This new order from Orange Unified School District in Orange, California is for thirteen Nuvve Level 2 "PowerPort" chargers and three 60kW chargers.
  • This follows the district's 2021 purchase of fifteen Nuvve Level 2 PowerPort chargers which it currently uses for its fleet of 15 electric school buses purchased over 2021 and 2022 from Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses.
  • Two additional buses are on order and the district plans to continue expanding their ESB fleet in the future.
  • "Many Nuvve customers continue building their electric bus fleets after their first purchase and Orange Unified is no different," said Nuvve co-founder and CEO Gregory Poilasne.

Blue Bird to Report Fiscal 2024 First Quarter Results on February 7, 2024

Retrieved on: 
Wednesday, January 24, 2024

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release its fiscal 2024 first quarter financial results on February 7, 2024.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and cleaner-emission school buses, will release its fiscal 2024 first quarter financial results on February 7, 2024.
  • The public is invited to attend an audio webcast in which Blue Bird executives Phil Horlock, CEO, and Razvan Radulescu, CFO, will discuss results.
  • Dial-in details and the webcast of the presentation will be available on the Investor Relations portion of Blue Bird’s website at http://investors.blue-bird.com .
  • Please click on the link in the Events box in the lower right corner of the Blue Bird Investor Relations landing page to access the webcast.

Blue Bird Receives Record Order of 180 Electric School Buses

Retrieved on: 
Tuesday, January 16, 2024

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has received the single largest order of electric school buses from a school district in its history.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, has received the single largest order of electric school buses from a school district in its history.
  • Los Angeles Unified School District (LAUSD) ordered 180 electric, zero-emission school buses through their local Blue Bird dealer, A-Z Bus Sales, Inc.
  • View the full release here: https://www.businesswire.com/news/home/20240116715215/en/
    Los Angeles Unified School District (LAUSD) ordered a record 180 electric, zero-emission school buses from Blue Bird Corporation, including 150 All American (pictured here) and 30 Vision model buses.
  • (Image provided by Los Angeles Unified School District)
    LAUSD already operates twenty-six Blue Bird electric school buses in its fleet.

Blue Bird Delivers First Electric School Bus Fleet to Carter County Schools in Kentucky

Retrieved on: 
Wednesday, January 3, 2024

Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, is supplying 23 electric school buses to Carter County Schools (CCS) in Kentucky.

Key Points: 
  • Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, is supplying 23 electric school buses to Carter County Schools (CCS) in Kentucky.
  • View the full release here: https://www.businesswire.com/news/home/20240103352606/en/
    Blue Bird is delivering 23 electric school buses to Carter County Schools (CCS) in Kentucky to help the school district accelerate its transition to clean student transportation.
  • “We are thrilled to deploy our very first electric school buses to lower the emissions of our school bus fleet,” said Dr. Paul Green, superintendent of Carter County Schools.
  • Electric school buses mean cleaner air to breathe.”
    CCS received a $9,085,000 grant through the U.S. Environmental Protection Agency’s (EPA) 2022 Clean School Bus Rebate Program to purchase its Blue Bird electric school bus fleet.