reports
AgJunction Inc: 1 director
A director at AgJunction Inc sold 261,751 shares at 0.750CAD and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly ...
AgJunction Inc. Completes Plan of Arrangement
AgJunction Inc. Completes Plan of Arrangement SCOTTSDALE, Ariz., Dec. 07, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Corporation") is pleased to announce that it has completed its previously announced plan of arrangement (the "Arrangement") pursuant to which, among other things, Kubota Canada Ltd. (the “Purchaser”), a wholly-owned subsidiary of Kubota Corporation, acquired all the issued and outstanding common shares of AgJunction ("AgJunction Shares") for cash consideration of CAD $0.75 per AgJunction Share. The AgJunction Shares are expected to be deliste...
AgJunction Inc. Announces Court Approval for Plan of Arrangement
AgJunction Inc. Announces Court Approval for Plan of Arrangement SCOTTSDALE, Ariz., Nov. 30, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Corporation") is pleased to announce that on November 29, 2021, it received final approval from the Court of Queen’s Bench of Alberta for the previously announced plan of arrangement (the "Arrangement") pursuant to which Kubota Canada Ltd., a wholly-owned subsidiary of Kubota Corporation, will acquire all outstanding common shares of AgJunction ("AgJunction Shares") for cash consideration of CAD $0.75 per AgJunction Share. T...
AgJunction Inc. Announces Shareholder Approval of Plan of Arrangement
AgJunction Inc. Announces Shareholder Approval of Plan of Arrangement SCOTTSDALE, Ariz., Nov. 24, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Corporation") is pleased to announce that today at its special meeting of the shareholders (the "Meeting"), the shareholders of AgJunction (the "AgJunction Shareholders") passed a special resolution (the "Arrangement Resolution") approving a statutory arrangement (the "Arrangement") pursuant to Section 193 of the Business Corporations Act (Alberta), pursuant to which Kubota Canada Ltd. ("Kubota Canada") a wholly-owned s...
Independent Proxy Advisor ISS Recommends AgJunction Shareholders Vote ...
Independent Proxy Advisor ISS Recommends AgJunction Shareholders Vote FOR the Transaction Leading proxy advisor Institutional Shareholders Services recommends AgJunction shareholders vote FOR the transaction at the upcoming Special Meeting of Shareholders AgJunction shareholders are reminded to vote by no later than November 22, 2021 at 10:00 a.m. (Scottsdale time)AgJunction shareholders who require assistance with voting can contact Kingsdale Advisors at 1-800-749-9890 (toll-free) SCOTTSDALE, Ariz., Nov. 18, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Corpo...
AgJunction Reports Third Quarter 2021 Earnings Results
AgJunction Reports Third Quarter 2021 Earnings Results SCOTTSDALE, Ariz., Nov. 15, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Company") is reporting financial results for the third quarter ended September 30, 2021. All currency amounts are expressed in U.S. dollars. Third Quarter 2021 Financial Summary vs. Third Quarter 2020 Revenue was $3.7 million compared to $3.8 millionGross margin increased to 50.9% compared to 49.7%Operating expenses increased to $4.2 million compared to $3.1 million$1.5 million one-time gain on Paycheck Protection Plan (“PPP”) loan ...
AgJunction Sets Third Quarter 2021 Conference Call for Monday, Novembe...
AgJunction Sets Third Quarter 2021 Conference Call for Monday, November 15, 2021, at 11:00 a.m. ET SCOTTSDALE, Ariz., Nov. 01, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) (“AgJunction”) announces that it will hold a conference call on Monday, November 15, 2021, at 11:00 a.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2021, as well as the recently announced arrangement agreement providing for the proposed acquisition of AgJunction by KUBOTA Corporation. AgJunction will report its financial results in a press release prior to the conferen...
AgJunction Announces Mailing of Information Circular and Proxy Stateme...
AgJunction Announces Mailing of Information Circular and Proxy Statement for Special Meeting The AgJunction Board of Directors unanimously recommends shareholders vote FOR the Arrangement well in advance of the November 22, 2021 deadline The all-cash consideration of CAD $0.75 per share represents a significant premium of 60% to unaffected closing price on October 7, 2021, the last trading day before announcement SCOTTSDALE, Ariz., Oct. 26, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Corporation"), is pleased to announce that it has filed on SEDAR and m...
AgJunction Enters into Arrangement Agreement to be Acquired by KUBOTA ...
AgJunction Enters into Arrangement Agreement to be Acquired by KUBOTA Corporation for CAD $0.75 per Share in All Cash Deal SCOTTSDALE, Ariz., Oct. 07, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction"), a global provider of advanced guidance, autosteering, and autonomy solutions for precision agriculture applications, today announced that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") to be acquired by KUBOTA Corporation ("Kubota" or the "Purchaser"), a corporation headquartered in Osaka, Japan, in an all-cash transaction with a total ...
AgJunction Reports Second Quarter 2021 Earnings Results
AgJunction Reports Second Quarter 2021 Earnings Results SCOTTSDALE, Ariz., Aug. 12, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Company") is reporting financial results for the second quarter ended June 30, 2021. All currency amounts are expressed in U.S. dollars. Second Quarter 2021 Financial Summary vs. Second Quarter 2020 Revenue was $3.4 million compared to $4.6 millionGross margin improved 490 basis points to 45.2% compared to 40.3%Operating expenses were $3.5 million compared to $3.2 millionNet loss was $(2.0) million or $(0.02) per share, compare...
AgJunction Sets Second Quarter 2021 Conference Call for Thursday, Augu...
AgJunction Sets Second Quarter 2021 Conference Call for Thursday, August 12, 2021, at 11:00 a.m. ET SCOTTSDALE, Ariz., July 29, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) (“AgJunction”) will hold a conference call on Thursday, August 12, 2021, at 11:00 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2021. The company will report its financial results in a press release prior to the conference call. AgJunction management will host the conference call, followed by a question and answer period. Date: Thursday, August 12, 2021Time: 11:00 a.m...
AgJunction to Provide Automation Kits to Leading Equipment Manufacture...
AgJunction to Provide Automation Kits to Leading Equipment Manufacturer Komatsu Ltd. SCOTTSDALE, Ariz., July 15, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX), ("AgJunction"), through its wholly-owned subsidiary Novariant, Inc. (“Novariant”), has been chosen by Komatsu Ltd. (“Komatsu”), an industry-leading manufacturer and supplier of equipment for the construction, mining equipment, utilities, forestry and industrial markets to provide sophisticated automation kits for construction workplaces. The contract has been awarded following Novariant’s successful integration of customized...
AgJunction Announces Final Settlement in Litigation Against Ag Leader
AgJunction Announces Final Settlement in Litigation Against Ag Leader SCOTTSDALE, Ariz., July 08, 2021 (GLOBE NEWSWIRE) -- (TSX: AJX) and its wholly-owned subsidiary, Novariant, Inc. (together "AgJunction" or the "Company"), today announced a final settlement of the patent infringement and breach of contract lawsuit the Company filed against Ag Leader Technology Inc. (“Ag Leader”) in November of 2020. The lawsuit alleged that Ag Leader’s new autosteering products infringe three of AgJunction’s patents related to automated machine control. The lawsuit further alleged that Ag Leader breach...
AgJunction Announces Collaboration Regarding NEVONEX (Powered by Bosch...
AgJunction Announces Collaboration Regarding NEVONEX (Powered by Bosch) SCOTTSDALE, Ariz., June 29, 2021 (GLOBE NEWSWIRE) -- (TSX: AJX) ("AgJunction" or the "Company"), today announced that it has entered into a memorandum of understanding with Robert Bosch LLC (“Bosch”) to join the NEVONEX partner network and integrate NEVONEX into AgJunction’s hardware modules. “AgJunction’s hardware and software modules provide farmers with the flexibility to operate, connect, and manage their farms in a way that works best for them,” said M. Brett McMickell, president and CEO of AgJunction. “This co...
AgJunction Granted Three New Groundbreaking Patents
AgJunction Granted Three New Groundbreaking Patents SCOTTSDALE, Ariz., June 25, 2021 (GLOBE NEWSWIRE) -- (TSX: AJX), ("AgJunction" or the “Company”), announced that the U.S. Patent and Trademark Office has granted the Company another new patent titled “Low-Cost Implement Positioning.” AgJunction was also recently granted two new patents in Australia titled “K-Turn Path Controller” and “Single-Mode Implement Steering.” “We are very pleased to be awarded these three groundbreaking patents,” said Bob Barjesteh, executive vice president and general counsel for AgJunction. “The recent patent...
AgJunction Announces Agreement in Principle to Settle Litigation Again...
AgJunction Announces Agreement in Principle to Settle Litigation Against Ag Leader SCOTTSDALE, Ariz., June 10, 2021 (GLOBE NEWSWIRE) -- (TSX: AJX) and its wholly-owned subsidiary, Novariant, Inc. (together "AgJunction" or the "Company"), today announced that it has reached an agreement in principle to settle the patent infringement and breach of contract lawsuit it filed against Ag Leader Technology, Inc. in November of 2020. The parties will work diligently to finalize a settlement agreement and related documents in the coming weeks. In the event they are not able to reach a final agr...
AgJunction Inc. Announces Voting Results for Election of Directors
AgJunction Inc. Announces Voting Results for Election of Directors SCOTTSDALE, Ariz., June 07, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction") announces the results of its annual general and special meeting of shareholders held on June 4, 2021 (the "Meeting"). At the Meeting, shareholders approved the election of five nominees as directors of AgJunction to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with the number and percentage of common shares represented at the Meeting voting by way of ballo...
AgJunction Reports First Quarter 2021 Earnings Results
AgJunction Reports First Quarter 2021 Earnings Results SCOTTSDALE, Ariz., May 11, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) ("AgJunction" or the "Company") is reporting financial results for the first quarter ended March 31, 2021. All currency amounts are expressed in U.S. dollars. First Quarter 2021 Financial Summary vs. First Quarter 2020 Revenue was $2.5 million compared to $5.2 millionGross margin was 40.2% compared to 56.6%Operating expenses improved to $3.4 million compared to $3.5 millionNet loss was $(2.4) million or $(0.02) per share, compared to a net loss of $(0.5) ...
AgJunction Sets First Quarter 2021 Conference Call for Tuesday, May 11...
AgJunction Sets First Quarter 2021 Conference Call for Tuesday, May 11, 2021, at 11:00 a.m. ET SCOTTSDALE, Ariz., April 27, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) (“AgJunction”) will hold a conference call on Tuesday, May 11, 2021, at 11:00 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2021. The company will report its financial results in a press release prior to the conference call. AgJunction management will host the conference call, followed by a question and answer period. Date: Tuesday, May 11, 2021Time: 11:00 a.m. Eastern ti...
AgJunction and Mahindra to Demonstrate Autosteering Technologies in Tu...
AgJunction and Mahindra to Demonstrate Autosteering Technologies in Turkey SCOTTSDALE, Ariz., April 07, 2021 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) (“AgJunction” or the “Company”) and Mahindra & Mahindra Ltd. (IN:MAHM) (“Mahindra”) are pleased to announce a joint project whereby Mahindra will demonstrate autosteering technology on a Hasret 125 Lüks CRD4 tractor, built by Erkunt Traktör Sanayii A.Ş in Turkey. The demonstration will provide local growers a close look at key precision farming technologies, including auto-steering functions for precision planting and crop maintenance...
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