AZ

Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos’ Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers

Retrieved on: 
Thursday, January 11, 2024
Alternative Vehicles, Fuels, Other Transport, Trucking, EV, Electric Vehicles, Automotive, General Automotive, Transport, Automotive Manufacturing, Manufacturing, Fleet Management, Proxy, Learning, LLP, Independent, Food, Cooley LLP, Cintas, UPS, XOS, GAAP, CBRE, Acquisition, TCO, FedEx Ground, Growth

Xos is a leading manufacturer of medium-duty commercial electric vehicles for parcel delivery, uniform rental, food and beverage, and cash-in-transit fleets across the United States and Canada.

Key Points: 
  • Xos is a leading manufacturer of medium-duty commercial electric vehicles for parcel delivery, uniform rental, food and beverage, and cash-in-transit fleets across the United States and Canada.
  • Xos’ strong growth has been supported by regulations requiring the adoption of zero-emission electric vehicles beginning in 2024.
  • Xos’ commitment to operational excellence, customer-focused vehicles, and efficient capital deployment is expected to be strengthened by ElectraMeccanica’s strong cash position.
  • Cooley LLP and Osler, Hoskin & Harcourt LLP are serving as legal counsel to Xos in connection with the proposed transaction.

NexCore Group and Experience Senior Living Named Finalists for National Awards

Retrieved on: 
Thursday, January 11, 2024
LINAC, Patient, Architecture, Mob, Healthcare real estate, Culture, ESL, Science, Foot, Gallery, CO, Practice, Independent living, Assisted living, Nursing

DENVER, Jan. 11, 2024 /PRNewswire-PRWeb/ -- One healthcare facility and two senior living communities developed by NexCore Group, a national healthcare real estate investment and development company that focuses on custom-designed facilities and communities for healthcare providers, science and technology sectors and seniors housing, have been selected as finalists in the Healthcare Real Estate Insights (HREI) magazine's annual awards program. Headquartered in Denver, NexCore developed the projects in Prescott, AZ, Mechanicsville, VA, and Broomfield, CO.

Key Points: 
  • Jarrod Daddis , President of NexCore, remarked, "NexCore is honored to be recognized again by HREI with three finalists this year.
  • NexCore's senior living entity, Experience Senior Living (ESL), identified an underserved senior living market amidst aging communities in suburban Richmond, Virginia.
  • Experience Senior Living (ESL), NexCore's senior living entity, researched and realized an opportunity in the underserved Broomfield, Colorado market.
  • NexCore Group LLC is a national healthcare real estate investment and development company that focuses on acquiring, developing, owning, and managing purpose-built facilities for healthcare, science and technology, and senior living.

Pure Hockey Expands Footprint with Acquisition of Behind the Mask

Retrieved on: 
Tuesday, January 9, 2024
Acquisition, Hockey, News, Behind the Mask, The Mask, Growth, Sports equipment

SCOTTSDALE, Ariz., Jan. 9, 2024 /PRNewswire/ -- Pure Hockey, a premier destination for hockey equipment, apparel, and accessories, is excited to announce its latest expansion through the acquisition of Behind the Mask, which has three locations in Arizona. This strategic move marks Pure Hockey's first entry into the Arizona market and underscores the company's commitment to serving the needs of hockey players across the United States.

Key Points: 
  • SCOTTSDALE, Ariz., Jan. 9, 2024 /PRNewswire/ -- Pure Hockey, a premier destination for hockey equipment, apparel, and accessories, is excited to announce its latest expansion through the acquisition of Behind the Mask, which has three locations in Arizona.
  • As a recognized leader in the hockey retail industry, Pure Hockey's acquisition of Behind the Mask represents a significant step in the company's continued growth trajectory.
  • With this acquisition, Pure Hockey now operates an impressive network of 77 retail locations across 25 states nationwide, further solidifying its position as the go-to destination for hockey players, coaches, and fans.
  • "We are thrilled to welcome Behind the Mask into the Pure Hockey family," said David Nectow, CEO of Pure Hockey.

Century Communities Announces New Home Collections in Apache Junction, Arizona

Retrieved on: 
Tuesday, January 9, 2024
Phoenix–Mesa Gateway Airport, FREEDOM, Superstition, State park, APACHE, Lost Dutchman's Gold Mine, Trust (social science), Vista

APACHE JUNCTION, Ariz., Jan. 9, 2024 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—announced that Superstition Vista, the company's new community in Apache Junction, is now selling two home collections: The Crest Collection and The Ridge Collection. Models are available for tour at both collections, showcasing a range of ranch and two-story layouts. A Grand Opening celebration will be held at the community on January 20.

Key Points: 
  • Models are available for tour at both collections, showcasing a range of ranch and two-story layouts.
  • The community also features resort-style amenities, ranging from an outdoor pool and clubhouse to walking trails and open space.
  • In total, Superstition Vista will contribute 250 houses to the greater Phoenix area—near Desert Vista Elementary School, Phoenix-Mesa Gateway Airport, and Lost Dutchman State Park.
  • The Crest Collection at Superstition Vista| Apache Junction, AZ
    The Ridge Collection at Superstition Vista| Apache Junction, AZ
    DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:
    Century Communities is proud to feature its industry-first online homebuying experience on all available homes in Arizona.

Microchip Technology Provides Preliminary Fiscal Third Quarter Revenue Results and Announces Earnings Release Date

Retrieved on: 
Monday, January 8, 2024
CHIPS, Microchip Technology, Intellectual property, Eastern Time Zone, Second Continental Congress, Interest, CHIPS and Science Act, Tax, Flood, Inflation, Weakness, Congress, Internet, Uncertainty, Risk, COVID-19, Share repurchase, Webcast, Integrated circuit, Mobile phone

"Today, based on preliminary financial information, we are providing our expected revenue for the fiscal third quarter ended December 31, 2023.

Key Points: 
  • "Today, based on preliminary financial information, we are providing our expected revenue for the fiscal third quarter ended December 31, 2023.
  • Microchip will host a conference call on February 1, 2024, at 5:00 p.m. (Eastern Time) to discuss its fiscal third quarter results in detail.
  • In addition, the revenue information in this press release is preliminary and is subject to change following the completion of our fiscal third-quarter financial closing procedures.
  • Note: The Microchip name and logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries.

24 New RE/MAX Offices Open in Last Three Months of 2023

Retrieved on: 
Monday, January 8, 2024
Silver, Celebration, Lake Country, Memory, RE/MAX, Private investigator

DENVER, Jan. 8, 2024 /PRNewswire/ -- RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, celebrates the addition of 24 RE/MAX offices in its U.S. company-owned regions between Oct. 2 and Dec. 31, welcoming nearly 330 agents to the brand.

Key Points: 
  • New offices, conversions and expansions in the U.S. bring nearly 330 agents into network, strengthening brand presence
    DENVER, Jan. 8, 2024 /PRNewswire/ -- RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, celebrates the addition of 24 RE/MAX offices in its U.S. company-owned regions between Oct. 2 and Dec. 31, welcoming nearly 330 agents to the brand.
  • The recent additions, which are a mix of new offices, conversions of formerly unaffiliated brokerages, and expansions of existing RE/MAX companies, highlight the attractiveness of the RE/MAX value proposition to real estate entrepreneurs across the country and reaffirms the power of RE/MAX, the #1 name in real estate.1
    Darius Cochran opened RE/MAX River & Ranch on Dec. 19 in Labelle, FL
    Brandon Reichenau opened RE/MAX Frontier on Nov. 30 in Midlothian, TX
    Sibel Gucum opened RE/MAX Superior on Nov. 22 in Deer Park, NY
    Josh Jarboe opened RE/MAX Empire on Nov. 21 in Mt.
  • "I think it speaks volumes about the character of our franchisees and about the power of affiliating with RE/MAX – the #1 name in real estate."
  • Each RE/MAX office is independently owned and operated.

Black Rock Coffee Bar Introduces Frozen Fuel Energy Drinks as the Newest Addition to its Premium Offerings

Retrieved on: 
Monday, January 8, 2024
POP, Fastest, Orange juice, Yeti, Sun Belt, Privately held company, Coffee, Inc.

Scottsdale, AZ, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, a national boutique coffee chain, is excited to announce an innovative addition to its premium drink offerings – Frozen Fuel Energy Drinks.

Key Points: 
  • Scottsdale, AZ, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, a national boutique coffee chain, is excited to announce an innovative addition to its premium drink offerings – Frozen Fuel Energy Drinks.
  • “We’re thrilled to start the year by introducing our new Frozen Fuel Series to our customers,” said Mark Davis, Chief Executive Officer, Black Rock Coffee Bar.
  • In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.
  • The Black Rock culture prides itself on providing opportunities for young people to learn how to lead, run a business, and develop people skills.

IHT DECLARES 54TH CONSECUTIVE ANNUAL DIVIDEND AS REVENUES CONTINUE TO CLIMB WITH RECORD DECEMBER

Retrieved on: 
Monday, January 8, 2024
IHT, Trustee, Estrone

Phoenix, AZ, Jan. 08, 2024 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) On January 5, 2024, the Board of Trustees of InnSuites Hospitality Trust (NYSE Am: IHT), announced a semi-annual dividend of $0.01 per share payable on February 5, 2024, to shareholders of record as of January 22, 2024, extending an uninterrupted continuous 54-year history of annual dividends.

Key Points: 
  • Phoenix, AZ, Jan. 08, 2024 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) On January 5, 2024, the Board of Trustees of InnSuites Hospitality Trust (NYSE Am: IHT), announced a semi-annual dividend of $0.01 per share payable on February 5, 2024, to shareholders of record as of January 22, 2024, extending an uninterrupted continuous 54-year history of annual dividends.
  • InnSuites hotel operations revenue continues to grow, with the highest combined hotel revenue total ever in December for IHT hotels at $524,219.
  • The UniGen diversified efficient clean energy investment continues to progress, while seeking additional funding.

Signing Day Sports Enters into Common Stock Purchase Agreement with Tumim Stone Capital LLC to Support Strategic Opportunities and Future Growth Initiatives

Retrieved on: 
Saturday, January 6, 2024
Sales management, Purchasing, Athlete, Regulation D, Sale, File, Sport, SGN, Growth, IPO, Prospectus, Security (finance)

SCOTTSDALE, Ariz, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today announced that it has entered into a Common Stock Purchase Agreement (the “Purchase Agreement”) with Tumim Stone Capital LLC (“Tumim”).

Key Points: 
  • SCOTTSDALE, Ariz, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today announced that it has entered into a Common Stock Purchase Agreement (the “Purchase Agreement”) with Tumim Stone Capital LLC (“Tumim”).
  • Sales of common stock, and the timing of any sales, are solely at the option of the Company and the Company is under no obligation to sell securities under this arrangement.
  • The price, amount, and maximum number of shares sold per sale will be determined by the terms of the Purchase Agreement.
  • However, we believe this transaction provides additional flexibility and capability to take advantage of strategic opportunities and future growth initiatives if and when they may arise.”
    The Company expects to use net proceeds from any sales of common stock under the Purchase Agreement for working capital and general corporate purposes, including to support its future growth.

$15 Million Dividend Declared by Mutual Insurance Company of Arizona

Retrieved on: 
Friday, January 5, 2024
Trustee, Medicine, MICA, General insurance

PHOENIX, Jan. 05, 2024 (GLOBE NEWSWIRE) -- The Mutual Insurance Company of Arizona® (MICA) announced today that its Board of Trustees has declared a dividend to its policyholders.

Key Points: 
  • PHOENIX, Jan. 05, 2024 (GLOBE NEWSWIRE) -- The Mutual Insurance Company of Arizona® (MICA) announced today that its Board of Trustees has declared a dividend to its policyholders.
  • A total of $15 million will be allocated among current members as of December 31, 2023, the record date.
  • This dividend will be distributed in February 2024.
  • Additional information regarding the policyholder dividend distribution for each member will be available on the member portal at www.mica-insurance.com in early February 2024.