ARC Document Solutions(ARC)

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STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger ARC Document Solutions, Inc. - ARC
Prnewswire· 2024-09-10 18:49
Group 1 - Monteverde & Associates PC is investigating ARC Document Solutions, Inc. regarding its proposed merger with TechPrint Holdings, LLC [1] - Under the merger agreement, ARC shareholders are expected to receive $3.40 in cash per share [1] - Monteverde & Associates PC has a successful track record in recovering money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report [1] Group 2 - The firm is headquartered in the Empire State Building, New York City [1] - The firm emphasizes the importance of selecting a law firm that actively files class actions and has a history of recovering money for shareholders [2] - Contact information for inquiries regarding the company and the merger is provided, including an email and telephone number for Juan Monteverde, Esq. [2]
ONWARD® Medical Reports Half Year 2024 Results and Provides a Business Update
GlobeNewswire News Room· 2024-09-10 05:30
THIS PRESS RELEASE CONTAINS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE EUROPEAN MARKET ABUSE REGULATION (596/2014) Up-LIFT Study results published in Nature Medicine De Novo application submitted to FDA to obtain clearance to market the investigational ARC-EX® System in the United States Up to EUR 52.5M in growth financing obtained from US-based Runway Growth Capital Several additional milestones achieved with the investigational ARC-BCI™ System, leveraging brain-computer interface (BCI) t ...
ARC Document Announces Merger Deal With TechPrint Holdings
ZACKS· 2024-08-30 17:20
ARC Document Solutions, Inc. (ARC) recently announced that it has inked a definitive merger agreement with TechPrint Holdings, LLC. This deal involves key personnel from ARC Document, including its chairman and CEO (Mr. Suriyakumar), president, CFO, CTO and private investors, who are part of the acquisition group.Per the deal, ARC Document will merge with TechPrint Merger Sub, Inc., a subsidiary of TechPrint Holdings, and ARC’s shareholders will receive $3.40 per share in cash. The acquisition group control ...
Breaking Down ARC Resources' LNG Contracts That Could More Than Triple FCF By 2029
Seeking Alpha· 2024-08-28 22:06
alvarez In my previous analysis of ARC Resources Ltd. (TSX:ARX:CA) (OTCPK:AETUF), I valued the company primarily based on its planned production growth, noting that its shares were already undervalued. At that time, I considered its liquid natural gas ("LNG") contracts as the "cherry on top" that could add some extra free cash flow ("FCF"). However, as the global LNG market continues to grow, it's clear to me that these contracts are far more important to ARC's investment thesis. With global LNG demand risi ...
Shareholder Alert: Ademi LLP investigates whether ARC Document Solutions, Inc. has obtained a Fair Price for its Public Shareholders
Prnewswire· 2024-08-28 18:46
Core Viewpoint - Ademi LLP is investigating ARC Document Solutions for potential breaches of fiduciary duty and other legal violations related to a transaction involving its acquisition group led by the company's Chairman and CEO, Kumarakulasingam Suriyakumar [1][2] Group 1: Transaction Details - ARC Document Solutions stockholders are set to receive $3.40 per share in the transaction [1] - The transaction agreement imposes significant penalties on ARC Document Solutions for accepting competing bids, thereby limiting competition [1] - Insiders of ARC Document Solutions are expected to receive substantial benefits as part of the change of control arrangements [1] Group 2: Investigation Focus - The investigation is centered on the conduct of ARC Document Solutions' board of directors and their fulfillment of fiduciary duties to all shareholders [2] - Ademi LLP specializes in shareholder litigation concerning buyouts, mergers, and individual shareholder rights across the country [2]
ARC Resources Is Increasing Production At Rock Bottom Natural Gas Pricing
Seeking Alpha· 2024-08-28 13:41
Core Viewpoint - ARC Resources Ltd. is strategically advancing its Attachie project during a period of low natural gas prices, positioning itself to benefit from future price recoveries while currently generating profits [2][6][11] Production Strategy - The company is curtailing approximately 250 MMCF per day of natural gas production at its Sunrise asset due to record low prices, with plans to resume full production when prices recover [4] - A well design change in the Upper Montney is expected to yield a 40% increase in natural gas production over the first twelve months, with only a 25% increase in well costs [4] Financial Performance - ARC Resources is maintaining profitability through its condensate production, even at the market bottom for natural gas prices, allowing it to invest in growth projects and pay dividends [6][11] - The company has a low reinvestment rate, enabling it to pay a dividend of C$0.17 per share while also repurchasing shares and investing in growth [7] Shareholder Returns - The management's strategy includes a share repurchase program aimed at reducing the number of shares outstanding to pre-merger levels, while benefiting from the additional production from the Seven Generations acquisition [8][9] - The company is positioned to grow production by approximately 10% with the Attachie project, which is nearing completion [7] Pricing and Market Position - The strong prices for condensate and oil have mitigated the impact of lower natural gas prices, allowing the company to maintain normal operational levels despite production being at the lower end of guidance [10] - The diversification from the Seven Generations acquisition has positively impacted the company's performance, making it resilient during periods of low natural gas prices [11]
I'm Convinced ARC Resources Is One Of The Best Energy Stocks Money Can Buy
Seeking Alpha· 2024-08-25 13:00
ImagineGolf All financial numbers in this article are in Canadian dollars unless noted otherwise. Introduction I'm not breaking any news when I say I'm a long-term natural gas bull, as I have written countless bullish articles since 2020 (and before). My most recent natural gas-focused article was written on August 17, when I wrote: "Why I'm So Very Bullish On Antero Resources." Antero Resources (AR) is one of my favorite American natural gas producers, as it has a number of benefits, including deep re ...
ARC Document Solutions(ARC) - 2024 Q2 - Quarterly Report
2024-08-08 17:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☐ Form 10-Q _______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANG ...
ARC Document Solutions(ARC) - 2024 Q2 - Earnings Call Transcript
2024-08-08 00:48
ARC Document Solutions, Inc. (NYSE:ARC) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants David Stickney - Vice President, Investor Relations Suri Suriyakumar - Chairman & Chief Executive Officer Dilo Wijesuriya - President & Chief Operating Officer Jorge Avalos - Chief Financial Officer Conference Call Participants Greg Burns - Sidoti David Marsh - Singular Research Glenn Primack - Lisa Investment Group Operator Thank you for standing by. My name is John, and I'll be your conf ...
ARC Document Solutions (ARC) Q2 Earnings Match Estimates
ZACKS· 2024-08-07 22:25
ARC Document Solutions (ARC) came out with quarterly earnings of $0.07 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this provider of document services to businesses would post earnings of $0.05 per share when it actually produced earnings of $0.06, delivering a surprise of 20%.Over the last four quarters, the company has surpassed consensus EPS estimates ju ...