MarketWise, Inc. has announced changes to its employee compensation structure, to be effective from July 1, 2024. The new pay structure includes base salaries and bonuses made of cash and restricted stock units with a four-year vesting period. The company’s principal financial officer, Erik Mickels, and Chief Information Officer, Marco Galsim, along with other executives, will be affected by this change, although the Chief Executive Officer is excluded. Mickels’s base salary has been set at $1 million retroactive from January 1, 2024, and Galsim’s will be $525,000 from July 1, 2024. Annual bonuses equal to 100% of base salaries are contingent on achieving company performance metrics and could range from 50% to 200% of the base salaries.
Names: - MarketWise, Inc. - Erik Mickels - Marco Galsim
Solventum Corporation has approved new forms of restricted stock unit award agreements (RSUs) and performance share unit award agreements (PSUs) for executive officers and directors under its 2024 Long-Term Incentive Plan. Notably, solv has granted RSUs and PSUs to its Chief Executive Officer Bryan Hanson and Chief Financial Officer Wayde McMillan. The RSUs will vest over three years with continued service, while the PSUs' vesting is tied to performance metrics over a three-year period. Special conditions apply for vesting in cases of retirement, disability, death, or a change in control.
Companies and positions mentioned: - Solventum Corporation - Chief Executive Officer: Bryan Hanson - Chief Financial Officer: Wayde McMillan
Jones Soda Co. held its annual meeting of shareholders on May 13, 2024. At the meeting, shareholders voted on three proposals. The results were:
Election of five directors to serve for a one-year term until the 2025 annual meeting of shareholders. The elected directors are Mark Murray, Paul Norman, Gregg Reichman, Clive Sirkin, and Ronald Dissinger.
Approval, on an advisory basis, of the Company’s 2023 named executive officer compensation.
Ratification of the appointment of Berkowitz Pollack Brant Advisors + CPAs as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.
All proposals were approved based on the majority of votes cast.
Names mentioned: - Jones Soda Co. - Mark Murray - Paul Norman - Gregg Reichman - Clive Sirkin - Ronald Dissinger - Berkowitz Pollack Brant Advisors + CPAs - David Knight
Arcadia Biosciences, Inc. has entered into an asset purchase agreement with Pioneer Hi-Bred International, Inc., where Pioneer paid Arcadia $4,000,000 for certain patent rights related to Arcadia's resistant starch durum wheat trait. These assets were never included on Arcadia's balance sheet in their periodic filings. The agreement details customary provisions such as representations, warranties, covenants, and indemnification obligations. The agreement is not fully described in this summary and contains statements made solely to allocate risk, not necessarily factual state-of-affairs, and is only relevant as of the agreement date or other specified dates.
Names mentioned: - Arcadia Biosciences, Inc. - Pioneer Hi-Bred International, Inc. - Corteva, Inc. - Thomas J. Schaefer (Chief Financial Officer of Arcadia Biosciences, Inc.)
ReposiTrak, Inc. has announced its financial results for the quarter ended March 31, 2024, through a press release and hosted an earnings call on May 15, 2024. The press release and the transcript of the earnings call are included as exhibits with the company announcement. The disclosed information, including the exhibits, is not considered filed for regulatory purposes and is not incorporated by reference into any further filings, unless explicitly stated otherwise.
Names and References: - ReposiTrak, Inc. - New York Stock Exchange (where the company's common stock, trading symbol TRAK, is registered) - John Merrill, Chief Financial Officer
First Trinity Financial Corporation held its Annual Meeting of Shareholders on May 15, 2024. Gregg E. Zahn, the holder of 100,000 shares of the company’s Class B common stock, which represents 98.9% of such shares, may be considered to have acquired control of the company at this meeting. Mr. Zahn nominated five of the eight directors elected to the board during the meeting. These nominees were already members of the board and Mr. Zahn was also elected as a director by the holders of Class A common stock. No additional consideration was paid by Mr. Zahn for his Class B common stock, which he had acquired previously by exchanging Class A shares. At the meeting, there was also the ratification of Kerber, Eck & Braeckel LLP as the company’s independent registered public accounting firm for 2024, approval of executive compensation, and a decision that advisory votes on executive compensation should occur every three years.
Names mentioned: - First Trinity Financial Corporation - Gregg E. Zahn - Kerber, Eck & Braeckel LLP
ATIF Holdings Limited received a notice from Nasdaq on November 22, 2023, indicating that the company did not meet the Nasdaq Capital Market's stockholders’ equity requirement as its equity was reported to be $1,539,353, less than the minimum $2,500,000. Since then, the company has undertaken several financing transactions: a private placement on April 16, 2024, with gross proceeds of $1,343,789.76; on April 18, 2024, a private placement yielding $1,000,002.38; and a deferred salary conversion on April 29, 2024, where shares were issued for unpaid salary. Additionally, the company recorded $200,000 in consulting service revenue in April 2024. Nasdaq has granted ATIF Holdings Limited an extension until May 20, 2024, to provide evidence of compliance with the stockholders’ equity requirement. The company believes its shareholder’s equity as of April 30, 2024, would be $2,683,042 and, as of May 16, 2024, believes it complies with the Nasdaq's requirement.
Names mentioned: - ATIF Holdings Limited - Nasdaq Stock Market - Mr. Jun Liu (President and Chief Executive Officer and Chairman of the Board of Directors)
Martin Marietta Materials, Inc. held its Annual Meeting of Shareholders on May 16, 2024, with 93% of outstanding shares present. Ten directors were elected to the Board, including Dorothy M. Ables, Sue W. Cole, Anthony R. Foxx, John J. Koraleski, Mary T. Mack, C. Howard Nye, Laree E. Perez, Thomas H. Pike, Donald W. Slager, and David C. Wajsgras. PricewaterhouseCoopers LLP was ratified as the independent auditor for the year ending December 31, 2024. The compensation paid to named executive officers was approved on an advisory basis.
Names mentioned: - Dorothy M. Ables - Sue W. Cole - Anthony R. Foxx - John J. Koraleski - Mary T. Mack - C. Howard Nye - Laree E. Perez - Thomas H. Pike - Donald W. Slager - David C. Wajsgras - Roselyn R. Bar - PricewaterhouseCoopers LLP
Cyber App Solutions Corp. has announced that on May 14, 2024, its Board of Directors approved an amendment to Article II of the Company's Bylaws allowing the company to schedule an annual meeting of shareholders at a date and time determined by the Board. This amendment took effect on the same day.
Proper Names Mentioned: - Cyber App Solutions Corp. - Steven Looper (Chief Executive Officer and President)
HG Holdings, Inc. has announced that its 2024 annual meeting of stockholders will take place on Tuesday, July 16, 2024. The company has set June 4, 2024, as the record date for stockholders entitled to notice of, and to vote at, the said meeting. Any adjournments or postponements of the meeting will be communicated as necessary.
The First Bancshares, Inc. has decided to voluntarily withdraw its common stock from listing on the Nasdaq and move it to the New York Stock Exchange (NYSE). The change is planned to take effect after the market closes on May 29, 2024, with the stock starting to trade on the NYSE the next day, May 30, 2024. The shares will continue to trade under the ticker symbol "FBMS". Additionally, the company has issued a press release about this transfer.
For reference: - The First Bancshares, Inc. - Nasdaq - New York Stock Exchange (NYSE) - Donna T. (Dee Dee) Lowery, EVP and CFO
374Water Inc. announced its financial results for the quarter ended March 31, 2024, on May 15, 2024. A press release with the details was issued and is now publicly available as an exhibit to the report. The information provided in the press release should not be considered legally filed for liability purposes under certain sections of the Exchange Act, nor is it intended to be incorporated by reference into future filings under the Securities Act or the Exchange Act.
BioRegenx, Inc. has officially dismissed BF Borgers CPA PC as its independent registered public accounting firm as of May 15, 2024. This decision was unanimously approved by the Company’s audit committee. No disagreements or reportable events on accounting principles, financial statement disclosure, or auditing scope or procedure occurred between the Company and BF Borgers during the fiscal year ended December 31, 2023, or the subsequent interim period leading up to the dismissal. BF Borgers is currently not allowed to practice before the Commission. Therefore, no letter from BF Borgers is requested to confirm agreement with this statement.
Names mentioned: - BioRegenx, Inc. - BF Borgers CPA PC - William Resides (Chief Executive Officer)
Traws Pharma, Inc. has announced its financial results for the quarter ending March 31, 2024, on May 16, 2024. Details of the results have been released in a press statement which is included as Exhibit 99.1 in the company's report. Furthermore, the financial report is not to be considered filed under U.S. securities laws and is not formally incorporated by reference into any of the company's other filings.
Key names: - Traws Pharma, Inc. - Mark Guerin (Chief Financial Officer)
Bantec, Inc. has been served with a lawsuit by 1800 Diagonal Lending, LLC alleging that Bantec breached the terms of four Promissory Notes issued in 2023. The Plaintiff is seeking recovery of monetary damages in the amount of $318,392.00 and equitable relief. Bantec plans to contest the claims and is in the process of retaining legal counsel in Virginia.
Names mentioned: Bantec, Inc., 1800 Diagonal Lending, LLC, Michael Bannon.
Epsilon Energy Ltd. held its 2024 Annual General Meeting on May 15, 2024. At the meeting, shareholders voted on four proposals. The number of directors was set to six, and all six director nominees were elected to serve until the 2025 Annual General Meeting. BDO USA, LLP was re-appointed as the company's auditors for the upcoming fiscal year, and the compensation paid to the named executive officers during 2023 was approved. Over 69% of the shares entitled to vote were represented at the meeting.
Names: - Epsilon Energy Ltd. - BDO USA, LLP - John Lovoi - Jason Stankowski - David Winn - Tracy Stephens - Jason Stabell - Nicola Maddox - J. Andrew Williamson (Chief Financial Officer)
WB Burgers Asia, Inc. reported that on December 6, 2023, they filed a Certificate of Change with the Nevada Secretary of State initiating a reverse stock split, where every 100 issued and outstanding shares of common stock were consolidated into one share, without alteration to the par value. The Certificate of Change took effect on December 6, 2023, but the market effective date was April 2, 2024. FINRA completed the corporate action for the reverse stock split, assigning the company a new CUSIP number, 94684P209. Prior to the stock split, WB Burgers Asia, Inc. had 2,072,642,444 shares and after the split, there are 20,726,425 shares outstanding. The company’s ticker symbol will carry a “D” for 20 business days before reverting to WBBA. For any assistance, shareholders can contact the transfer agent, Olde Monmouth Stock Transfer Co., Inc.
Naploy Corp. has announced that BFBorgers CPA PC resigned as their independent accounting firm on May 10, 2024. The audit reports from the previous fiscal year did not contain any adverse opinions or disclaimers and were not qualified or modified. There were no disagreements or reportable events between Naploy Corp. and BFBorgers CPA PC during the fiscal year ended July 31, 2023. Subsequently, on May 13, 2024, the company appointed Boladale Lawal & Co. as its new independent registered public accounting firm.
iWallet Corp has filed a Certificate of Amendment with the State of Nevada to increase its authorized capital stock from 75,000,000 shares to 170,000,000 shares, divided into 150,000,000 shares of common stock and 20,000,000 shares of preferred stock at a par value of $0.001 per share. The specific rights, designations, and privileges of the preferred stock will be determined by the Board of Directors.
Tejon Ranch Co. has reported on their Annual Meeting of Shareholders, which took place on May 14, 2024. They had three proposals on the ballot: the election of eight Directors, ratifying Deloitte & Touche LLP as their independent accounting firm, and an advisory vote on named executive officer compensation. All eight Director nominees were elected, Deloitte & Touche LLP was approved as the accounting firm, and the executive compensation received approval. Detailed voting results for each Director and proposal were provided, including the number of votes for, against, withheld, and broker non-votes.
Names: - Tejon Ranch Co. - Deloitte & Touche LLP - Steven A. Betts - Gregory S. Bielli - Anthony L. Leggio - Norman J. Metcalfe - Rhea Frawn Morgan - Geoffrey L. Stack - Daniel R. Tisch - Michael H. Winer - Allen E. Lyda
Entergy Mississippi, LLC has completed the sale of $300 million aggregate principal amount of its First Mortgage Bonds, 5.85% Series due June 1, 2054. The sale closed on May 16, 2024. The Bonds were offered in accordance with the Company's existing Registration Statement. Legal opinions regarding the Bonds have been provided by Morgan, Lewis & Bockius LLP and Husch Blackwell LLP.
List of Proper Names: - Entergy Mississippi, LLC - Morgan, Lewis & Bockius LLP - Husch Blackwell LLP
SolarMax Technology, Inc. has announced its financial results for the quarter ended March 31, 2024. The results were released in a press release, and the content of the financial results and the press release shall not be deemed "filed" for regulatory purposes nor be subject to the liabilities of that section. The financial results are also not incorporated by reference into any previous or future securities filings.
Proper Names Mentioned: - SolarMax Technology, Inc. - David Hsu (Chief Executive Officer)
Designer Brands Inc. has declared a quarterly cash dividend of $0.05 per share on both Class A and Class B common shares. This dividend is set to be paid on June 18, 2024, to shareholders on record as of the close of business on June 5, 2024. Announcements about future quarterly dividends will be made when such dividends are declared by the Board.
Corebridge Financial, Inc. announced that on May 16, 2024, it entered into a stock purchase agreement with American International Group, Inc. (AIG) and Nippon Life Insurance Company (Nippon). Under this agreement, AIG will sell approximately 20% of Corebridge Financial's issued and outstanding common stock to Nippon, totaling 121,956,256 shares for $3.838 billion in cash. Additionally, a stockholder's agreement will be established between Corebridge and Nippon at the transaction's closing, which includes certain rights for Nippon and standstill restrictions. Concurrently, Corebridge and AIG agreed to an amendment of their original separation agreement, changing AIG's board designation rights and consent rights over company actions.
Names mentioned: - Corebridge Financial, Inc. - American International Group, Inc. (AIG) - Nippon Life Insurance Company (Nippon) - Christine Nixon
Evergreen Corporation has amended its Trust Agreement and Articles of Association after receiving approval from shareholders. The company now has the option to extend the period to complete a business combination up to nine times, each lasting an additional month, ranging from May 11, 2024, to February 11, 2025. For each extension, Evergreen Corporation will deposit into its trust account the lesser of $80,000 or $0.03 for each Class A ordinary share outstanding post-redemption. These changes were affirmed during the Extraordinary General Meeting of Shareholders held on May 9, 2024. Additionally, shareholders elected to redeem over 2.8 million ordinary shares during this meeting.
Xtant Medical Holdings, Inc. has announced its financial results for the first quarter ending March 31, 2024. The complete details of the announcement can be found in the press release attached as Exhibit 99.1. The company uses non-GAAP adjusted EBITDA as a supplement to the GAAP financial measures. Non-GAAP adjusted EBITDA includes additions or exclusions such as depreciation, amortization, interest, tax expenses, non-cash compensation, acquisition-related expenses, fair value adjustments, and foreign currency translation gains or losses. Non-GAAP financial measures are used by the company for internal management and are not calculated according to any standardized accounting principles and may vary from other companies' similarly named measures.
Proper Names Mentioned: - Xtant Medical Holdings, Inc. - Non-GAAP - GAAP (United States generally accepted accounting principles) - Scott Neils (Chief Financial Officer)
Clearwater Paper Corporation announced that its stockholders have approved amendments to its Restated Certificate of Incorporation and Amended and Restated Bylaws. Specifically, the changes pertain to the declassification of the Board over a three-year period starting with the 2025 annual meeting, with all directors being elected annually by the 2027 meeting. These changes were effective upon their filing with the state of Delaware on May 10, 2024. Additionally, stockholders have approved the re-election of three Class I Directors, the reappointment of KPMG LLP as the independent auditor for 2024, and an advisory vote on executive compensation.
Names Mentioned: - Clearwater Paper Corporation - KPMG LLP - John J. Corkrean - Arsen S. Kitch - Alexander Toeldte - Marc D. Rome
Vivos Therapeutics, Inc. has released its financial results for the first quarter ended March 31, 2024, on May 14, 2024. The detailed earnings information has been made available in a press release provided as an exhibit to the report and is not considered filed under the Securities Exchange Act nor incorporated into any other filings except as referenced there. The company is listed on the NASDAQ with the symbol VVOS and is identified as an emerging growth company.
Names and Designations: - Vivos Therapeutics, Inc.: The company reporting the results. - Bradford Amman: Chief Financial Officer of Vivos Therapeutics, Inc. who authorized the report.
Unusual Machines, Inc. has announced a scheduled earnings call that will take place on May 15, 2024, at 4:30 p.m. ET, via webcast. A press release regarding this event has been issued. The company is an emerging growth entity and it currently has its common stock listed under the symbol UMAC on the NYSE American exchange. No information about a cybersecurity breach was mentioned in the summary provided.
Important names and titles in the announcement: - Unusual Machines, Inc. (Company) - Allan Evans (Chief Executive Officer)
PRA Group, Inc. has announced its intention to offer $400 million in senior notes due 2030, which will be conducted through a private transaction exempt from registration requirements. The announcement was made public on May 15, 2024, and details were provided in a press release accompanying the announcement.
Names for clarity: - PRA Group, Inc. - Rakesh Sehgal (Executive Vice President and Chief Financial Officer)
UPAY, Inc. has announced that it will release a press release on May 15, 2024, titled "UPAY Inc. Announces Launch of Huntpal LLC's New US Website". This information and the accompanying press release are being provided under Item 8.01 and are not considered to be legally filed for liabilities nor incorporated by reference in other filings. The company has also included financial statements and exhibits with the press release as supplementary materials.
ModivCare Inc. has announced that an investor presentation was posted to the Investor Relations section of its website on May 15, 2024, related to upcoming investor meetings. The presentation is provided as Exhibit 99.1 with this announcement. The information, including the presentation, is furnished and will not be considered "filed" for regulatory purposes and is not subject to update or amendment.
Names and Titles: - ModivCare Inc. (Company) - Jennifer Jaskolka (Vice President, Deputy General Counsel, and Corporate Secretary)
First Capital International, Inc. announced the dismissal of BF Borgers CPA PC as their independent registered public accounting firm. This decision came after the Commission barred BF Borgers and its partner from practicing before it. The financial statements for 2023 and 2022 by BF Borgers did not raise any concerns except for a warning about First Capital's ability to continue as a going concern. First Capital is currently seeking a new accounting firm but, due to a lack of reviewed financials, cannot file their Form 10-Q for the first quarter of 2024 on time.
Names mentioned: - First Capital International, Inc. - BF Borgers CPA PC - Benjamin F. Borgers CPA - Alex Genin (Chief Executive Officer of First Capital International, Inc.)
Muncy Columbia Financial Corporation announced the declaration of a dividend and the authorization of a new treasury stock repurchase program on May 14, 2024. The company issued a press release regarding these decisions, and no financial statements were provided in the announcement. The corporate information and the declaration are detailed in a press release, marked as Exhibit 99.1.
Jack in the Box Inc. has announced its second quarter fiscal 2024 financial results on May 14, 2024. A press release was issued disclosing the financial results and other related information. The press release has been included as part of the financial documentation. The report was signed by Brian Scott, the Executive Vice President and Chief Financial Officer of Jack in the Box Inc.
Names mentioned: - Jack in the Box Inc. - Brian Scott
Calamos Long/Short Equity & Dynamic Income Trust has made amendments to its Declaration of Trust and Bylaws on May 14, 2024. These changes specifically pertain to the forum for the adjudication of disputes. The amendments to both the Declaration of Trust and Bylaws have been attached to the report as exhibits for reference. The company's common shares are traded on the NASDAQ Global Select Market under the symbol CPZ.
Proper Names Mentioned: - Calamos Long/Short Equity & Dynamic Income Trust - NASDAQ Global Select Market - CPZ (Trading Symbol) - Erik D. Ojala (Vice President and Secretary)
Calamos Global Total Return Fund has made changes to its By-Laws effective May 14, 2024. These changes are related to the provisions governing the forum for adjudication of disputes. For further details, the amendment is attached as an exhibit to the document.
Calamos Convertible and High Income Fund has reported the amendment of its By-Laws on May 14, 2024. This amendment relates to the provisions governing the forum for adjudication of disputes. The description of the amendment is provided in full in an attachment to this report. The common shares of the fund, with the trading symbol CHY, are registered on the NASDAQ Global Select Market. There is no mention of a cybersecurity breach in this summary.
Names and titles for reference: - Calamos Convertible and High Income Fund (The Trust) - Erik D. Ojala (Vice President and Secretary)
Smith Douglas Homes Corp. announced its financial results for the quarter ending March 31, 2024. The detailed press release has been provided as an exhibit to the report.
List of proper names mentioned: - Smith Douglas Homes Corp. - Russell Devendorf (Executive Vice President and Chief Financial Officer)
Lionsgate Studios Corp. has successfully completed a business combination with SEAC II Corp., which involved various transactions and agreements detailed in previous announcements. Lions Gate Entertainment Corp. now holds approximately 87.8% of the outstanding common shares of Lionsgate Studios Corp., effectively gaining control of the company. The new directors and officers of Lionsgate Studios Corp. have been appointed effective as of the closing of the business combination. The company is now publicly traded on The Nasdaq Global Select Market under the ticker symbol "LION."
Names and Entities Mentioned: - Lionsgate Studios Corp. - SEAC II Corp. - Lions Gate Entertainment Corp. - Screaming Eagle Acquisition Corp. - SEAC - StudioCo - LG Orion Holdings ULC - Studio HoldCo - New SEAC - MergerCo - SEAC MergerCo - LG Studios - LG Sirius Holdings ULC - LGAC International LLC - Lions Gate Capital Holdings 1, Inc. (LGCH1) - Lions Gate Capital Holdings LLC (LGCH) - Lions Gate Television Inc. (LGTV) - Liberty Global plc - Discovery Communications Inc. - Liberty Global Incorporated Limited - Discovery Lightning Investments Ltd. - Dr. John C. Malone - MHR Fund Management, LLC - Eagle Equity Partners V, LLC (SEAC Sponsor) - The Nasdaq Global Select Market - Nasdaq
China Automotive Systems, Inc. announced their financial results for the fiscal year ended December 31, 2023, on March 28, 2024. Details of the financial results were provided in a press release attached as Exhibit 99.1 to the announcement. However, this information shall not be considered as "filed" for regulatory purposes and not subject to certain legal liabilities. The company's common stock is traded on The Nasdaq Capital Market under the symbol CAAS.
Proper Names Mentioned: - China Automotive Systems, Inc. - The Nasdaq Capital Market
Axon Enterprise, Inc. has entered into a new distribution agreement with J.P. Morgan Securities LLC concerning the sale of 1,954,450 previously unsold shares. Under this agreement, shares may be sold from time to time either by J.P. Morgan acting as a sales agent or directly to J.P. Morgan as the principal. There is no obligation for Axon Enterprise to sell these shares, and the agreement allows for variable compensation for J.P. Morgan, not exceeding 2% of the gross sales price of the shares sold. Net proceeds from share sales are intended for general corporate purposes, including capital provision for tax obligations related to employee stock compensation, company growth, and potential investments or acquisitions.
Great Lakes Dredge & Dock Corporation held its 2024 Annual Meeting of Stockholders on May 9, 2024. At this meeting, a number of key decisions were made. Three directors were elected to serve a three-year term on the board. Additionally, Deloitte & Touche, LLP was ratified as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The executive compensation was approved on a non-binding advisory basis. Shareholders also approved amendments to the company's certificate of incorporation, which included declassifying the Board of Directors, increasing the authorized shares of common stock, exculpating officers in line with recent Delaware law, clarifying Maritime Laws provisions, eliminating the corporate opportunity waiver, and modernizing the document.
List of proper names: - Great Lakes Dredge & Dock Corporation - Deloitte & Touche, LLP - Lasse J. Petterson - Kathleen M. Shanahan - Earl L. Shipp - Vivienne R. Schiffer
Unicycive Therapeutics, Inc. announced its financial results for the three months ended March 31, 2024. The company also provided a business update through a press release, furnished as Exhibit 99.1 alongside the announcement.
Names mentioned: - Unicycive Therapeutics, Inc. - Shalabh Gupta (Chief Executive Officer)
AltEnergy Acquisition Corp has announced that its financial statements for the quarters ending June 30, 2023, September 30, 2023, and March 31, 2023, should no longer be relied upon. This decision was based on incorrect accounting for capital contributions related to stockholder agreements and deferred consulting payments. Restatements for these periods will be filed. It has been identified that there is a material weakness in the company's internal control over financial reporting, with plans for remediation to be detailed in upcoming filings. The company has discussed these issues with its audit committee and its independent accounting firm, Marcum LLP.
Proper Names Mentioned: - AltEnergy Acquisition Corp - Marcum LLP - Russell Stidolph
The Andersons, Inc. has announced that Joseph E. McNeely, Group President of Nutrient and Industrial, plans to retire on December 31, 2024. The company will work on finding a successor, and McNeely will assist during the transition period. At the Annual Meeting on May 9, 2024, shareholders elected directors for the next term and approved executive compensation, as well as ratified Deloitte & Touche LLP as the independent auditor for the year ending December 31, 2024.
Names Mentioned: - The Andersons, Inc. - Joseph E. McNeely - Patrick E. Bowe - Gerard M. Anderson - Steven K. Campbell - Gary A. Douglas - Pamela S. Hershberger - Catherine M. Kilbane - Robert J. King, Jr. - Ross W. Manire - John T. Stout, Jr. - Deloitte & Touche LLP - Christine M. Castellano
Energy Focus, Inc. has reported entering into securities purchase agreements with certain accredited investors on March 28, 2024. In a private placement, the company agreed to issue 283,109 shares of its common stock at $1.59 per share, amounting to approximately $450,143 in gross proceeds before expenses. Shareholder approval was not required due to pricing at the "Minimum Price" as defined by Nasdaq Listing Rule 5635(d). The sale of shares was not registered under the Securities Act of 1933, as it was based on certain exemptions, including Section 4(a)(2) and Regulation D.
Company Name: Energy Focus, Inc.
CEO: Chiao Chieh Jay Huang
Thunder Energies Corporation has announced the dismissal of their previous certified accountant, Kreit & Chiu CPA LLP, as of May 2, 2024. The reports from Kreit & Chiu CPA LLP for the fiscal years ending December 31, 2020 to December 31, 2023 did not include any adverse opinion or disclaimer, but highlighted concerns about the company's ability to continue as a going concern. There were no disagreements or reportable events with Kreit & Chiu CPA LLP during those fiscal years. Concurrently, Thunder Energies Corporation appointed Olayinka Oyebola & Co. CA as their new independent certified accountant effective immediately to audit the financial reports for the quarter ending March 31, 2024.
Names: - Thunder Energies Corporation - Kreit & Chiu CPA LLP - Benjamin & Ko, LLP - Paris, Kreit & Chiu CPA LLP - Olayinka Oyebola & Co. CA - Ricardo Haynes
Commonwealth Edison Company (ComEd) has announced the issuance of $400 million worth of its First Mortgage 5.300% Bonds, Series 136, due 2034, along with an equal amount in its First Mortgage 5.650% Bonds, Series 137, due 2054. Proceeds from these bonds will be used for redeeming $250 million of its existing First Mortgage 3.10% Bonds, repaying a $400 million term loan, covering outstanding commercial paper obligations, and for general corporate purposes. These bonds are underwritten by Goldman Sachs & Co. LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC. Legal opinions were provided by Sidley Austin LLP.
Proper Names Mentioned: - Commonwealth Edison Company (ComEd) - Goldman Sachs & Co. LLC - U.S. Bancorp Investments, Inc. - Wells Fargo Securities, LLC - Sidley Austin LLP - The Bank of New York Mellon Trust Company, N.A. - Mizuho Bank Ltd. - Mizuho Securities USA LLC - Sumitomo Mitsui Banking Corporation - SMBC Nikko Securities America, Inc. - Joshua S. Levin
American Picture House Corporation has announced the appointment of Olayinka Oyebola & Co. as its new independent registered public accounting firm for the upcoming quarterly report as of May 9, 2024. The company's executive officer Bannor Michael MacGregor authorized this announcement on May 13, 2024.