Warwick, NY, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Automated Room Controls Inc. (ARC), a subsidiary of Ozop Energy Solutions, Inc. (OZSC), is excited to announce that it will be showcasing its innovative ARC product line at the second annual NYControlled Lighting Controls Event. This event, held on October 29, 2024, at the Metropolitan Pavilion in NYC, is an educational trade show focused on lighting controls, attended by top industry professionals, including designers, contractors, and engineers. Engage with A ...

Grand Cayman, Cayman Islands , Sept. 25, 2024 (GLOBE NEWSWIRE) -- Caymanian Entrepreneur and Director of Miss World Cayman Islands, Pamela Ebanks-Small is flipping the narrative. “This is a unique opportunity for local and global businesses to be part of an empowering movement, one that redefines beauty and promotes leadership and community impact. As the Minister of Tourism & Ports, I am honored to be a major sponsor for this upcoming event.”- Hon. Kenneth V. Bryan, MP, Minister of Tourism & Ports. The up ...

NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating ARC Document Solutions, Inc. (NYSE: ARC), relating to its proposed merger with TechPrint Holdings, LLC. Under the terms of the agreement, ARC shareholders are expected to receive $3.40 i ...

Warwick, NY, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Ozop Energy Solutions Inc. (OZSC), a leader in advanced lighting control solutions, announces significant progress within its Automated Room Controls Inc. (ARC) division. ARC continues to innovate in the lighting controls industry, advancing its product offerings and maintaining its commitment to quality and regulatory compliance. Submission of URC and Expansion Cards for ETL Testing ARC has submitted its Universal Room Controller (URC) and associated expansio ...

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]

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 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 ...

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 ...

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]

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]