KRT

Karat Packaging to Report 2023 Fourth Quarter and Full Year Financial Results and Host Conference Call on Thursday, March 14, 2024

Retrieved on: 
Friday, March 1, 2024

CHINO, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced it will release its 2023 fourth quarter and full year financial results after market close on Thursday, March 14, 2024.

Key Points: 
  • CHINO, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced it will release its 2023 fourth quarter and full year financial results after market close on Thursday, March 14, 2024.
  • The Company will host an investor conference call on the same day.

FDA Grants Humanitarian Device Exemption Approval to SeaStar Medical’s Selective Cytopheretic Device for Pediatric Acute Kidney Injury

Retrieved on: 
Thursday, February 22, 2024

DENVER, Feb. 22, 2024 (GLOBE NEWSWIRE) -- SeaStar Medical Holding Corporation (Nasdaq: ICU), a medical device company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs, announces that the U.S. Food and Drug Administration (FDA) has granted a Humanitarian Device Exemption (HDE) Approval Order to the Selective Cytopheretic Device (SCD) Pediatric (SCD-PED) for use in children weighing 10 kilograms or more with acute kidney injury (AKI) due to sepsis or a septic condition requiring kidney replacement therapy (KRT). This is the first product in the Company’s newly branded Quelimmune product family, and the Quelimmune pediatric device can now be commercially marketed as a Humanitarian Use Device (HUD).

Key Points: 
  • This is the first product in the Company’s newly branded Quelimmune product family, and the Quelimmune pediatric device can now be commercially marketed as a Humanitarian Use Device (HUD).
  • In clinical studies, Quelimmune for pediatric AKI has been shown to reduce mortality rates and dialysis dependency in clinical studies.
  • “We appreciate the FDA’s willingness to work collaboratively with SeaStar Medical and our advisors to grant HDE approval to Quelimmune for pediatric use,” Mr. Schlorff added.
  • SeaStar Medical is currently focused on its NEUTRALIZE-AKI pivotal clinical trial to evaluate Quelimmune therapy in the larger adult AKI population, while exploring other applications for this device.

Karat Packaging Announces New Distribution Center in Arizona

Retrieved on: 
Thursday, February 15, 2024

CHINO, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced it has signed a lease agreement for a 44,000 square-foot distribution center in Mesa, Arizona.

Key Points: 
  • CHINO, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (NASDAQ: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced it has signed a lease agreement for a 44,000 square-foot distribution center in Mesa, Arizona.
  • This new facility is Karat’s first distribution center in the Southwestern region outside of California, and it is anticipated to be fully operational in the second quarter of 2024.
  • “Our new distribution center will enable us to more efficiently serve customers in Arizona and New Mexico and enhance distribution productivity, as we continue to penetrate into this region,” said Alan Yu, Karat’s Chief Executive Officer.
  • “The new Arizona warehouse, along with our expanded sales team, also will allow us to further expand Karat’s marketing to national and regional chain accounts,” Yu added.

Karat Packaging Board Declares Increase in Quarterly Cash Dividend

Retrieved on: 
Thursday, February 8, 2024

CHINO, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.30 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.20 per share.

Key Points: 
  • CHINO, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.30 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.20 per share.
  • The dividend is payable on or about February 29, 2024, to the stockholders of record as of February 21, 2024.

Notice of the Annual General Meeting of Nokia Corporation

Retrieved on: 
Thursday, February 8, 2024

A holder of nominee-registered shares has the right to participate in the Annual General Meeting by virtue of such shares, based on which they on the record date of the Annual General Meeting, i.e.

Key Points: 
  • A holder of nominee-registered shares has the right to participate in the Annual General Meeting by virtue of such shares, based on which they on the record date of the Annual General Meeting, i.e.
  • For more information, please refer to the privacy statement of the Annual General Meeting on the Company’s aforementioned website.
  • The written questions may be considered in the Annual General Meeting in connection with each agenda item to the extent deemed appropriate by the Chair of the meeting.
  • On the date of this notice of the Annual General Meeting the total number of shares in Nokia Corporation is 5 613 496 565, representing the same number of votes.

Notice convening the Annual General Meeting of Valmet Oyj

Retrieved on: 
Wednesday, February 7, 2024

ESPOO, Finland, Feb. 7, 2024 /PRNewswire/ -- Notice is given to the shareholders of Valmet Oyj ("Valmet" or the "Company") to the Annual General Meeting to be held on March 21, 2024 starting at 1:00 p.m. (EET) at Siipi Conference Centre of Helsinki Expo and Convention Centre (Messukeskus Helsinki), hall 101 at the address Rautatieläisenkatu 3, 00520 Helsinki, Finland. The reception of the shareholders who have registered for the meeting and the distribution of voting tickets will commence at 12:00 noon.

Key Points: 
  • In addition, the shareholders who have registered for the meeting can follow the Annual General Meeting via a webcast.
  • For further instructions, please refer to Section C. "Instructions for the Participants in the Annual General Meeting" of this notice.
  • Valmet's Nomination Board proposes to the Annual General Meeting, that the number of members of the Board of Directors for the term expiring at the close of the Annual General Meeting 2025 be eight (8).
  • The Board of Directors proposes to the Annual General Meeting that the Annual General Meeting authorize the Board of Directors to resolve on the repurchase of the Company's own shares in one or several tranches.

Karat Packaging Reports 2023 Third Quarter Financial Results

Retrieved on: 
Thursday, November 9, 2023

CHINO, Calif., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced financial results for its third quarter and nine-months ended September 30, 2023.

Key Points: 
  • CHINO, Calif., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced financial results for its third quarter and nine-months ended September 30, 2023.
  • Net sales for the 2023 fourth quarter expected to increase 2 to 5 percent from the prior year quarter.
  • Gross margin goal for the 2023 fourth quarter: 36.0 to 38.0 percent versus 32.0 percent for 2022 fourth quarter.
  • The Company will host an investor conference call today, November 9, 2023, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its 2023 third quarter results.

Karat Packaging Board Declares Increase in Quarterly Cash Dividend

Retrieved on: 
Tuesday, November 7, 2023

CHINO, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.20 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.10 per share.

Key Points: 
  • CHINO, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.20 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.10 per share.
  • The dividend is payable on or about November 30, 2023, to the stockholders of record as of November 20, 2023.

Karat Packaging to Report 2023 Third Quarter Financial Results and Host Conference Call on Thursday, November 9, 2023

Retrieved on: 
Thursday, October 26, 2023

CHINO, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced it will release its 2023 third quarter financial results after market close on Thursday, November 9, 2023.

Key Points: 
  • CHINO, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced it will release its 2023 third quarter financial results after market close on Thursday, November 9, 2023.
  • The Company will host an investor conference call on the same day.

Karat Packaging Expands National Salesforce, Focusing on Greater Penetration in East Coast and Mid-West Regions

Retrieved on: 
Tuesday, September 19, 2023

CHINO, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced it has completed a strategic initiative to expand its national salesforce, with the addition of five experienced sales representatives focusing on the East coast and Mid-west regions.

Key Points: 
  • CHINO, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced it has completed a strategic initiative to expand its national salesforce, with the addition of five experienced sales representatives focusing on the East coast and Mid-west regions.
  • “The new team will enhance Karat’s presence in key regions,” said Alan Yu, Karat’s Chief Executive Officer.
  • “Combined with our new warehouses in Chicago and Houston and our pending plans for additional distribution centers in strategic locations, Karat will be in an excellent position to enhance market share and serve an increasing number of regional and national chain accounts.
  • Lollicup USA Inc., our operating entity, is debt-free, and we continue to generate strong cash flow and maintain a solid balance sheet,” Yu added.