Joint Ventures

Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 13, 2024

NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Reports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million
    NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023.
  • Total investment income for the fourth quarter of 2023 was $17.8 million, a decrease of $0.8 million as compared to $18.6 million for the fourth quarter of 2022 and a decrease of $0.8 million as compared to $18.6 million for the third quarter of 2023.
  • Core investment income1, excluding the impact of purchase price accounting, for the fourth quarter of 2023 was $17.7 million, unchanged from the fourth quarter of 2022 and a decrease of $0.6 million as compared to $18.3 million for the third quarter of 2023.
  • The increase in NII in the fourth quarter of 2023 was the result of a one-time expense reimbursement from the Company’s investment adviser.

Creative Media & Community Trust Corporation Reports 2023 Fourth Quarter Results

Retrieved on: 
Wednesday, March 27, 2024

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) (“we”, “our”, “CMCT”, or the “Company”), today reported operating results for the three months and year ended December 31, 2023.

Key Points: 
  • Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) (“we”, “our”, “CMCT”, or the “Company”), today reported operating results for the three months and year ended December 31, 2023.
  • Funds from operations attributable to common stockholders (“FFO”)(3)1 was $(9.9) million, or $(0.44) per diluted share.
  • “We made additional strides in early 2024 improving our multifamily occupancy,” said David Thompson, Chief Executive Officer of Creative Media & Community Trust Corporation.
  • Office Segment NOI(5) decreased to $5.4 million for the three months ended December 31, 2023, from $6.9 million for the same period in 2022.

LIGA Highlights Significant Achievements in 2024 and Presents a Forecast for the Upcoming Year

Retrieved on: 
Wednesday, March 6, 2024

Key Points: 
  • https://bullioninc.net
    Joint Ventures: The collaboration between the Company and Hollywall Entertainment led to the launch of Ailiance, which can be found at https://ailiance.net .
  • This Joint Venture was established with the goal of creating new revenue streams from their music assets.
  • This strategic approach will obviate the necessity of divesting shares in our company, thereby safeguarding the value of our shareholders.
  • Additionally, we retain the prerogative to acquire other companies as they arise and allocate funds towards repurchasing our own stock.

Acadia Healthcare Reports Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

Acadia Healthcare Company, Inc. (“Acadia” or the “Company”) (NASDAQ: ACHC) today announced financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Acadia Healthcare Company, Inc. (“Acadia” or the “Company”) (NASDAQ: ACHC) today announced financial results for the fourth quarter and year ended December 31, 2023.
  • Chris Hunter, Chief Executive Officer of Acadia, remarked, “Our fourth quarter performance capped off another outstanding year for Acadia.
  • During the fourth quarter of 2023 and into the first quarter of 2024, the Company continued to make progress in meeting its strategic growth objectives with the following accomplishments across its five defined growth pathways:
    Facility Expansions – Added 98 beds to existing facilities in the fourth quarter, for a total of 302 new beds added in 2023.
  • Extend Continuum of Care – Expanded treatment options by adding 13 outpatient programs during the fourth quarter, bringing Acadia’s total to 39 outpatient programs added during 2023.

MedHQ Announces Featured Speakers and 2024 Programming

Retrieved on: 
Thursday, March 7, 2024

WESTCHESTER, Ill., March 7, 2024 /PRNewswire/ -- MedHQ, a leading provider of technology-enabled expert services to hospitals, outpatient clinics, physician groups, and ambulatory surgery centers, announces a full lineup up speaking engagements, trade shows and programming throughout 2024.

Key Points: 
  • WESTCHESTER, Ill., March 7, 2024 /PRNewswire/ -- MedHQ, a leading provider of technology-enabled expert services to hospitals, outpatient clinics, physician groups, and ambulatory surgery centers, announces a full lineup up speaking engagements, trade shows and programming throughout 2024.
  • MedHQ had a presence at two events in February including the Healthcare Summit at Jackson Hole, and the American Academy of Orthopaedic Surgeons (AAOS) 2024 Annual Meeting.
  • Miller will be a featured speaker at the Chief Human Resources Officer + Workforce Forum on Tuesday, April 9, 2024, during the Annual Meeting.
  • In September, MedHQ will be attending the Physician-led Healthcare for America (PHA) 2024 Leadership Summit.

Human Unitec International Inc Corporate Status on Cryptocurrency

Retrieved on: 
Monday, February 5, 2024

On 15 December 2023, Luxury House Gran Canaria S.L., a Spain Corporation and Human Unitec International, HMNU, entered into an agreement for the purchase of HMNU's shares of the following entities:

Key Points: 
  • On 15 December 2023, Luxury House Gran Canaria S.L., a Spain Corporation and Human Unitec International, HMNU, entered into an agreement for the purchase of HMNU's shares of the following entities:
    Luxury House Gran Canaria S.L.
  • has paid the Company $22,500,000 of marketable cryptocurrency via the Company’s HMNU BEP(20) wallet.
  • On 18 December 2023, High Perform Technology SPA and Human Unitec International Inc entered into a final agreement whereas HPT agreed to provide $200,000 of funds for operating revenue to the Company.
  • HPT is developing new social media accounts for both HPT and the Company for communication as well as marketing its cryptocurrency tokens.

Kyros Sets Course for Future Growth with Jim McDonnell at the Helm as New Chief Growth Officer

Retrieved on: 
Monday, January 29, 2024

MINNEAPOLIS, Jan. 29, 2024 /PRNewswire/ -- Kyros, a technology-enabled services company with a mission to remove barriers to Substance Use Disorder (SUD) recovery services, is excited to announce Jim McDonnell as our new Chief Growth Officer.

Key Points: 
  • MINNEAPOLIS, Jan. 29, 2024 /PRNewswire/ -- Kyros, a technology-enabled services company with a mission to remove barriers to Substance Use Disorder (SUD) recovery services, is excited to announce Jim McDonnell as our new Chief Growth Officer.
  • Jim brings a proven track record in growing community health program operations and is set to play a pivotal role in Kyros's ongoing expansion, growth and innovation.
  • Daniel Larson, Founder and CEO of Kyros, said, "Jim McDonnell's addition as our Chief Growth Officer is a pivotal step for Kyros, bringing his innovative strategies and deep understanding of healthcare to spearhead our growth initiatives.
  • McDonnell's appointment as Chief Growth Officer at Kyros is a significant leap forward in the company's quest to transform SUD recovery services.

Greenberg Traurig Japan Attorneys, Practices Recognized in The Legal 500 Asia Pacific 2024 Guide

Retrieved on: 
Wednesday, January 24, 2024

TOKYO, Jan. 23, 2024 /PRNewswire-PRWeb/ -- Four attorneys and two practices from global law firm Greenberg Traurig's Tokyo office are recognized in The Legal 500 Asia Pacific 2024 guide.

Key Points: 
  • Four attorneys and two practices from global law firm Greenberg Traurig's Tokyo office are recognized in The Legal 500 Asia Pacific 2024 guide.
  • TOKYO, Jan. 23, 2024 /PRNewswire-PRWeb/ -- Four attorneys and two practices from global law firm Greenberg Traurig 's Tokyo office are recognized in The Legal 500 Asia Pacific 2024 guide.
  • The Legal 500 Asia Pacific 2024 guide rankings reflect detailed analyses of law firm submissions and thousands of interviews with general counsels and private practice lawyers conducted by their team of experienced researchers, according to the publication.
  • The Greenberg Traurig lawyers listed below are recommended in The Legal 500 Asia Pacific 2024 guide for "Real Estate And Construction: International Firms And Joint Ventures":

PepsiCo Announces Retirement of North America Beverages CEO; Appoints Ram Krishnan CEO of PepsiCo Beverages North America

Retrieved on: 
Thursday, January 18, 2024

Ram Krishnan is appointed as the CEO for PepsiCo Beverages North America.

Key Points: 
  • Ram Krishnan is appointed as the CEO for PepsiCo Beverages North America.
  • He assumed the role of CEO for PepsiCo Beverages North America in 2019.
  • Ram Krishnan will succeed Tanner as Chief Executive Officer for PepsiCo Beverages North America.
  • Krishnan currently serves as Chief Executive Officer of International Beverages and Chief Commercial Officer for PepsiCo.