LP

Rockwell Medical Achieves Profitability on an Adjusted EBITDA Basis in the Fourth Quarter 2023 and Record Net Sales, Gross Profit and Gross Margin for the Full-Year 2023

Retrieved on: 
Thursday, March 21, 2024
Medical Devices, Packaging, Transport, Manufacturing, Biotechnology, General Health, Health, Logistics, Supply Chain Management, Science, Other Science, Rockwell Medical, The Company, Kidney disease, Patient, Sale, Investment, Dialysis, Security, LP, Cryptocurrency

Net sales for the three months ended December 31, 2023 were $22.1 million.

Key Points: 
  • Net sales for the three months ended December 31, 2023 were $22.1 million.
  • Net sales for the twelve months ended December 31, 2023 were $83.6 million, representing a 15% increase over the same period in 2022.
  • Gross margin for the twelve months ended December 31, 2023 was 10%, representing an increase from 6% gross margin for the same period in 2022.
  • During the fourth quarter of 2023, Rockwell Medical lowered its outstanding debt from $9.5 million to $8.0 million.

Federman & Sherwood Investigates Double Eagle Natural Resources, LP for Data Breach

Retrieved on: 
Thursday, March 21, 2024
Class Action Lawsuit, Professional Services, Legal, Social Security, Federman, Social, Double eagle, LP

The law firm of Federman & Sherwood has initiated an investigation into Double Eagle Natural Resources, LP with respect to their recent data breach.

Key Points: 
  • The law firm of Federman & Sherwood has initiated an investigation into Double Eagle Natural Resources, LP with respect to their recent data breach.
  • Recently, Double Eagle discovered that it had experienced a data breach in which sensitive personal identifiable information in its systems may have been accessed and acquired.
  • Through its investigation, Double Eagle determined that an unauthorized party may have accessed this information on or around November 10, 2023.
  • Double Eagle began notifying individuals whose information may have been impacted.

Core & Main Announces Fiscal 2023 Fourth Quarter and Full-Year Results

Retrieved on: 
Tuesday, March 19, 2024
Other Energy, Machinery, Utilities, Environmental Health, Energy, Other Construction & Property, Environment, Construction & Property, Other Manufacturing, Engineering, Building Systems, Manufacturing, Drainage, Growth, CNM, Partnership, Webcast, Line of credit, Senior, Credit, Investment, Term, Calendar, Share repurchase, Leclair, LP, Security (finance)

Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, today announced financial results for the fourth quarter and fiscal year ended Jan. 28, 2024.

Key Points: 
  • Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, today announced financial results for the fourth quarter and fiscal year ended Jan. 28, 2024.
  • Fiscal Year Ended January 28, 2024
    Net sales for fiscal 2023 increased $51 million, or 0.8%, to $6,702 million compared with $6,651 million for fiscal 2022.
  • Gross profit for fiscal 2023 increased $23 million, or 1.3%, to $1,818 million compared with $1,795 million for fiscal 2022.
  • Adjusted EBITDA for fiscal 2023 decreased $25 million, or 2.7%, to $910 million compared with $935 million for fiscal 2022.

INVZ INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Innoviz Technologies Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Retrieved on: 
Tuesday, March 19, 2024
Class Action Lawsuit, Professional Services, Legal, News, GAAP, LP, Tobacco

), the Innoviz class action lawsuit charges Innoviz and certain of Innoviz’ top executives with violations of the Securities Exchange Act of 1934.

Key Points: 
  • ), the Innoviz class action lawsuit charges Innoviz and certain of Innoviz’ top executives with violations of the Securities Exchange Act of 1934.
  • Lead plaintiff motions for the Innoviz class action lawsuit must be filed with the court no later than May 14, 2024.
  • A lead plaintiff acts on behalf of all other class members in directing the Innoviz class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Innoviz class action lawsuit.

CPI Card Group Announces Additional Stock Purchase Agreement with Majority Shareholder Parallel49 Equity ULC

Retrieved on: 
Friday, March 15, 2024
Technology, Personal Finance, Payments, Finance, Banking, Professional Services, Software, Retail, Online Retail, Audit committee, PMTS, Fund, Share repurchase, CPI, LP

The new agreement covers the period April through June and follows an initial agreement that expires on March 31, 2024.

Key Points: 
  • The new agreement covers the period April through June and follows an initial agreement that expires on March 31, 2024.
  • As of December 31, 2023, Parallel49 owned 6.6 million shares of CPI common stock, or approximately 57% of outstanding shares.
  • CPI purchasing shares from Parallel49 at a 3 to 1 ratio to open market purchases maintains or reduces the Parallel49 ownership percentage in CPI and minimizes the share repurchase program’s impact on CPI’s public float.
  • CPI and Parallel49 may enter into similar agreements in the future, consistent with the Company’s share repurchase authorization.

U.S. Bankruptcy Court Issues Ruling in Favor of BYJU’s Term Loan Lenders

Retrieved on: 
Friday, March 15, 2024
Professional Services, Business, Legal, Finance, Banking, Accounting, Order, Defendant, Divya, Student, United States bankruptcy court, Bankruptcy, Court, The Honourable, LP

The Court also found that Byju Raveendran and Divya Gokulnath are working in concert with the Defendants and ordered them to comply with its ruling.

Key Points: 
  • The Court also found that Byju Raveendran and Divya Gokulnath are working in concert with the Defendants and ordered them to comply with its ruling.
  • In making its ruling, the Court confirmed that the transfer of funds from BYJU’s Alpha, and their continued concealment, likely constitutes a fraudulent conveyance.
  • Relevant commentary from the Judge included:
    “The fact that the parent company is attempting to hide where the assets are is huge.
  • Morton was also ordered to pay a fine of $10,000 per day until he complies with the Court’s Order.

NGM BIOPHARMACEUTICALS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of NGM Biopharmaceuticals, Inc. - NGM

Retrieved on: 
Wednesday, March 13, 2024
Professional Services, Health, Legal, Class Action Lawsuit, Pharmaceutical, Biotechnology, KSF, NGM, Column, Sale, LP

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of NGM Biopharmaceuticals, Inc. (NasdaqGS: NGM) to affiliates of The Column Group, LP.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of NGM Biopharmaceuticals, Inc. (NasdaqGS: NGM) to affiliates of The Column Group, LP.
  • Under the terms of the proposed transaction, shareholders of NGM will receive $1.55 in cash for each share of NGM that they own.
  • Please note that the merger is structured as a tender offer, such that time may be of the essence.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Playboy Spirits' PLAY HARD Vodka Seltzer Expands to Illinois and Announces Partnership with the Chicago White Sox

Retrieved on: 
Thursday, April 4, 2024
HARD, RTD, Chicago White Sox, Partnership, Playboy Mansion, PLAY, MLB Advanced Media, Generation Z, Creativity, Gold, Guaranteed Rate Field, SIP, Fruit, ABV, Marketing, Major League Baseball, LP, Individual

PLAY HARD has reached a new multiyear partnership agreement with the Chicago White Sox, naming the vibrant, new Chicago-based vodka seltzer brand the new official RTD sponsor of the White Sox.

Key Points: 
  • PLAY HARD has reached a new multiyear partnership agreement with the Chicago White Sox, naming the vibrant, new Chicago-based vodka seltzer brand the new official RTD sponsor of the White Sox.
  • "We're thrilled to announce our multiyear partnership with PLAY HARD as the official ready-to-drink sponsor of the Chicago White Sox," explains George McDoniel, White Sox senior director of corporate partnerships and sales.
  • PLAY HARD's partnership with the White Sox marks a significant milestone, celebrating Playboy's historic roots in Chicago, PLAY HARD's launch in Illinois and the spirit of baseball.
  • "Partnering with the Chicago White Sox offers a truly legendary opportunity to unite two iconic homegrown brands, Playboy and the White Sox.

Hello Alice Announces Series C Funding Round and Expands Community to 1.5 Million Small Businesses

Retrieved on: 
Thursday, April 4, 2024
Equitable, Mastercard, SMB, Friction, Software as a service, Face, Woman, Ninja, History, Small business, QED, Hello, American Dream, Ecosystem, New Majority, Access, LP

HOUSTON, April 4, 2024 /PRNewswire/ -- Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections and opportunities, announced today the close of a Series C funding round with QED Investors, as well as Mastercard and others, bringing their total company valuation to $130 million. This new funding will continue to fuel Hello Alice's expansion of its capital offerings and AI-driven financial health tools for small businesses. Additional investors in this round of funding included Backstage Capital, Guy Fieri, Golden Seeds, Harbert Growth Partners Fund, How Women Invest I, LP, Lovell Limited Partnership, Tyler "Ninja" and Jessica Blevins, and Tamera Mowry and Adam Housley.

Key Points: 
  • This new funding will continue to fuel Hello Alice's expansion of its capital offerings and AI-driven financial health tools for small businesses.
  • This year, the platform has significantly expanded its community and now supports 1.5 million small business owners, one of the largest SMB networks in the country.
  • The latest funding round will contribute to the expansion of the Hello Alice AI-driven financial health services and Small Business Funding Center.
  • "We are thrilled to hit the milestone of 1.5 million small businesses utilizing Hello Alice to elevate the American dream.

Richmond American Set to Build New Neighborhood in Volusia County

Retrieved on: 
Wednesday, April 3, 2024
MDC, Volusia County, Florida, LP

DELAND, Fla., April 3, 2024 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce that it recently purchased and closed on 70 homesites in DeLand. The land is set to become part of the Grandview Gardens neighborhood in Volusia County.

Key Points: 
  • DELAND, Fla., April 3, 2024 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce that it recently purchased and closed on 70 homesites in DeLand.
  • The land is set to become part of the Grandview Gardens neighborhood in Volusia County.
  • This dynamic neighborhood will offer five single- and two-story floor plans from the builder's sought-after Seasons™ Collection ( RichmondAmerican.com/Seasons )—designed to maximize space and make homeownership more attainable.
  • Richmond American's inspired floor plans are ideal for homebuyers seeking design flexibility and those looking to downsize without downgrading.