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Geir Hiller Holom
  • Geir Hiller Holom

Ultimovacs (Sell, TP: NOK4.00) - Slower recruitment, FOCUS in focus

Total operating expenses were NOK28.6m, and cash and cash equivalents were NOK220m at end-Q1 (NOK266.6m at end-Q4 2023). The company recently announced initiatives to extend the financial runway to Q4 2025. While data from the fully recruited FOCUS trial is expected in Q3, the number of new recruited patients in the DOVACC and LUNGVAC trials was lower in Q1 versus Q4 2023. We reiterate our SELL and NOK4 target price.

 PRESS RELEASE

Nexus Industrial REIT Announces May and June Distributions

Nexus Industrial REIT Announces May and June Distributions TORONTO, May 07, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today the declaration of the May and June 2024 distributions. The REIT will make a cash distribution in the amount of $0.05333 per unit, representing $0.64 per unit on an annualized basis, payable June 14, 2024, to unitholders of record as of May 31, 2024. The REIT will also make a cash distribution in the amount of $0.05333 per unit, representing $0.64 per unit on an annualized basis, payable July 15, 2024, to unithol...

 PRESS RELEASE

FPI industriel Nexus annonce les distributions pour mai et juin

FPI industriel Nexus annonce les distributions pour mai et juin TORONTO, 07 mai 2024 (GLOBE NEWSWIRE) -- Le FPI industriel Nexus (« Nexus » ou le « FPI ») (TSX : NXR.UN) a annoncé aujourd'hui la déclaration des distributions de mai et juin 2024. Le FPI versera une distribution en espèces de 0,05333 $ par part, soit 0,64 $ par part sur une base annualisée, payable le 14 juin 2024 aux porteurs de parts inscrits au 31 mai 2024. Le FPI versera également une distribution en espèces d'un montant de 0,05333 $ par part, soit 0,64 $ par part sur une base annualisée, payable le 15 juillet 202...

 PRESS RELEASE

Calfrac Announces Voting Results of Election of Directors

Calfrac Announces Voting Results of Election of Directors CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX–CFW) is pleased to announce the voting results of the election of directors at its annual meeting of shareholders held today. Each of the nominees proposed as a director were elected as directors to hold office until the next annual meeting of shareholders, or until their successors are elected or appointed. Detailed results of the voting for each nominee are set out below, and the full results on all matters voted upon at the meeting wil...

 PRESS RELEASE

Fortinet Reaffirms Its Commitment to Secure Product Development Proces...

Fortinet Reaffirms Its Commitment to Secure Product Development Processes and Responsible Vulnerability Disclosure Policies As one of the first cybersecurity vendors to sign CISA’s Secure by Design pledge, Fortinet furthers its dedication to a culture of responsible radical transparency with the safety of customers top of mind SUNNYVALE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- RSA Conference 2024 Jim Richberg, Head of Cyber Policy and Global Field CISO at Fortinet “At Fortinet, we have a long-standing commitment to being a role model in ethical and responsible product development and ...

 PRESS RELEASE

Hagar hf.: Aðalfundur Haga hf. 30. maí 2024

Hagar hf.: Aðalfundur Haga hf. 30. maí 2024 Aðalfundur Haga hf., kt. 670203-2120, verður haldinn fimmtudaginn 30. maí 2024 og hefst hann kl. 15:00 á Hilton Reykjavík Nordica (Vox Club), Suðurlandsbraut 2 í Reykjavík. Dagskrá fundarins: Skýrsla stjórnar félagsins um starfsemina á liðnu starfsáriÁrsreikningur og samstæðureikningur félagsins fyrir liðið starfsár, ásamt skýrslu endurskoðanda, lagður fram til samþykktarÁkvörðun um ráðstöfun hagnaðar félagsins á reikningsárinu 2023/24Ákvörðun um þóknun til stjórnarmanna og undirnefndaTillaga stjórnar um starfskjarastefnu, kaupréttarkerfi og s...

 PRESS RELEASE

LogicMark, Inc. to Present at Virtual Emerging Growth Conference on Ma...

LogicMark, Inc. to Present at Virtual Emerging Growth Conference on May 8, 2024 LOUISVILLE, K.Y., May 07, 2024 (GLOBE NEWSWIRE) --  (Nasdaq: LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced that Ms. Chia-Lin Simmons, CEO, will speak at the Emerging Growth Conference on May 8th at 11:20 PDT / 2:20 pm EDT. LogicMark invites individual and institutional investors, advisors, and analysts to attend its real-time, virtual presentation. Please register here to attend the conference and r...

Lamar Advertising Company: Update to credit analysis following affirma...

Our credit view of this issuer reflects its favorable fundamentals of the US outdoor advertising industry, against its exposure to cyclical consumer ad spending.

Moody’s Ratings rates OneDigital’s new delayed draw term loan

Privately placed add-on term loan to repay $272 million of existing debt New York , May 7, 2024 - Moody's Ratings (Moody's) has assigned a B3 rating to a new $75 million backed senior secured first-lien delayed draw term loan issued by OneDigital Borrower LLC (OneDigital). The rating agency said the...

 PRESS RELEASE

Snap One Reports Fiscal First Quarter 2024 Results

Snap One Reports Fiscal First Quarter 2024 Results CHARLOTTE, N.C., May 07, 2024 (GLOBE NEWSWIRE) --   (Nasdaq: SNPO) (“Snap One,” the “Company,” “we,” or “our”), a provider of smart-living products, services, and software to professional integrators, reported financial results for the fiscal first quarter ended March 29, 2024. Recent DevelopmentsOn April 14, 2024, Snap One executed a merger agreement, whereby Resideo Technologies, Inc. (“Resideo”), a leading manufacturer and distributor of technology-driven products and solutions, agreed to acquire Snap One in an all-cash transaction fo...

 PRESS RELEASE

HKD 2.4 Billion AUM Highlights Strong Market Entry for Newly Launched ...

HKD 2.4 Billion AUM Highlights Strong Market Entry for Newly Launched Spot Crypto ETFs in Hong Kong OSL’s key partnerships secure 76% market share in spot BTC/ETH ETF market Hong Kong, HK, May 07, 2024 (GLOBE NEWSWIRE) -- The inaugural week of the newly launched ETFs has exceeded all projections, with asset under management (AUM) surpassing HKD2.4 billion as of 6 May, a testament to the strong investor interest and confidence in the market. This milestone highlights the successful fusion of traditional financial systems with cutting-edge digital asset solutions, showcasing the evoluti...

Cougar JV Subsidiary, LLC: First time ratings reflect moderate scale, ...

Our credit view of Hudson Automotive reflects its good liquidity, good market position and favorable brand mix constrained by its event risk associated with growth through acquisition.

 PRESS RELEASE

Centra Funding Acquires LeaseQ and Its Restaurant and Franchise Team, ...

Centra Funding Acquires LeaseQ and Its Restaurant and Franchise Team, Launching Centra Culinary Finance PLANO, Texas, May 07, 2024 (GLOBE NEWSWIRE) -- Centra Funding, LLC (“Centra”), a nationwide independent equipment finance company that is a subsidiary of CV Holdings, Inc., is pleased to announce that it has acquired the LeaseQ Restaurant and Franchise Team, together with its associated LeaseQ equipment finance platform, from TimePayment Corp. (“TimePayment”). Centra will continue to partner with TimePayment to provide instant approvals for microticket restaurant and franchise transacti...

 PRESS RELEASE

Allied Announces Voting Results From the 2024 Annual Meeting of Unitho...

Allied Announces Voting Results From the 2024 Annual Meeting of Unitholders TORONTO, May 07, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today the results of matters voted on at its annual meeting of the holders (the “Unitholders”) of units and special voting units of Allied (collectively, “Units”) held on May 7, 2024 (the “Meeting”). The voting results for each of the matters presented at the Meeting are outlined below. There were 61 Unitholders represented in person or by proxy at the Meeting holding 93,242,879 Units, rep...

 PRESS RELEASE

Enerflex Ltd. Reports First Quarter 2024 Financial Results and Provide...

Enerflex Ltd. Reports First Quarter 2024 Financial Results and Provides Operational Update CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months ended March 31, 2024. Effective January 1, 2024, the Company changed its presentation currency from Canadian dollars (“CAD”) to United States dollars (“USD”) to provide more relevant reporting of the Company’s financial position. As a result, all amounts presented in this release are in USD unless otherwise s...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Mad Engine Global, LLC and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 3 May 2024 in which Moody's reassessed the appropriateness of the ratings in the con...

 PRESS RELEASE

NMI Holdings, Inc. Prices $425 Million Senior Unsecured Notes Offering...

NMI Holdings, Inc. Prices $425 Million Senior Unsecured Notes Offering and Enters Into New $250 Million Unsecured Revolving Credit Facility EMERYVILLE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) (the “Company”) announced today that it has priced its public offering (the “Offering”) of $425 million aggregate principal amount of senior unsecured notes (the “Notes”). The Offering is expected to close on May 21, 2024, subject to customary closing conditions.   The Notes will pay interest semiannually at a rate of 6.0% per year and will mature on August 15, 202...

 PRESS RELEASE

ExxonMobil elects Maria Jelescu Dreyfus to Board of Directors

SPRING, Texas--(BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE: XOM) announced today that Maria Jelescu Dreyfus has joined its board of directors, effective May 3, 2024. Ms. Dreyfus is CEO and founder of Ardinall Investment Management, an investment firm focused on sustainable investing and resilient infrastructure. This press release features multimedia. View the full release here: Maria Jelescu Dreyfus (Photo: Business Wire) “With the close of our Pioneer merger, we gained a premier, tier-one Permian asset, exceptional talent and a new Board member who brings keen strategic insight,” said E...

 PRESS RELEASE

Western Announces First Quarter 2024 Results

Western Announces First Quarter 2024 Results VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported a net loss of $8.0 million in the first quarter of 2024, as compared to a net loss of $17.7 million in the first quarter of 2023, and a net loss of $14.3 million in the fourth quarter of 2023. Adjusted EBITDA was negative $4.2 million in the first quarter of 2024, as compared to negative $5.0 million in the first quarter of 2023, and negative $1.2 million in the fourth quarter of 2023.       (mill...

 PRESS RELEASE

argenx announces results of Annual General Meeting of Shareholders

argenx announces results of Annual General Meeting of Shareholders May 7, 2024 – 5:30pm ET Amsterdam, the Netherlands – argenx SE (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, announced the results of its Annual General Meeting of shareholders held today. All items on the agenda received a majority of votes in favor except for agenda item 5 (adoption of the remuneration policy). As part of the approved resolutions: The Company's annual report and annual accounts for the financial year ending...

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