The Joint (JYNT)
Search documents
The Joint Corp. Board of Directors Authorizes an Additional $12 Million for Stock Repurchase Program
Globenewswire· 2025-11-05 12:05
Core Viewpoint - The Joint Corp. has authorized an additional $12 million for its stock repurchase program, emphasizing its commitment to disciplined capital allocation and belief in the undervaluation of its long-term growth potential [1][2]. Company Overview - The Joint Corp. is the largest provider of chiropractic care in the U.S. through The Joint Chiropractic network, with over 950 locations and more than 14 million patient visits annually [3]. - The company operates a retail healthcare business model that eliminates the need for insurance, making chiropractic care more accessible and affordable [3]. - The Joint Corp. has received multiple accolades, including being named "No. 1 in Chiropractic Services" by Entrepreneur and consistently ranking in Franchise Times' annual lists [3]. Business Structure - The Joint Corp. functions as both a franchisor and operator of clinics in various states, providing management services to affiliated chiropractic practices [4].
Apollo Funds Commit $6.5 Billion to Ørsted's Hornsea 3 in the UK
Globenewswire· 2025-11-03 19:00
Core Viewpoint - Apollo has announced a $6.5 billion investment for a 50% stake in Ørsted's Hornsea 3, the world's largest offshore wind project, which will significantly contribute to renewable energy generation in the UK [1][2][3] Investment Details - The $6.5 billion investment includes both the acquisition price for the 50% interest in the joint venture and a commitment to fund 50% of the remaining construction costs [1] - Upon completion, Hornsea 3 will have a capacity of 2.9GW, enough to power over 3 million UK households [2] - The investment is expected to close before the end of 2025, with approximately $3.25 billion to be invested upon closing and the remaining amount to be funded as the project progresses [3][4] Strategic Importance - Ørsted views Apollo as a valuable partner due to its ability to provide long-term, comprehensive equity and financing solutions for large-scale infrastructure projects [4] - The partnership is expected to enhance energy security and support the UK's net zero ambitions [3] Recent Activities - This investment follows a series of large-scale capital solutions provided by Apollo for European energy infrastructure, including a €3.2 billion investment in the German energy grid and a £4.5 billion financing commitment for EDF's Hinkley Point C nuclear power plant [5]
Binding Heads of Term Reached With US Group to Joint Venture Disko-Nuussuaq Project, Greenland
Prnewswire· 2025-11-03 18:24
Core Viewpoint - 80 Mile PLC has entered into a Binding Head of Terms with USFM Corporation for a US$30 million investment to acquire a 51% interest in the Disko-Nuussuaq project in Greenland, positioning the company to advance its exploration and development efforts in a region rich in critical minerals [1][2][4]. Financial Terms - The US Partner will invest US$30 million in three increments of US$10 million over three years to earn a 51% interest in the Disko project [7]. - 80 Mile will receive a management fee of 12.5% on all expenditures incurred at Disko and a cash payment of £500,000 upon signing definitive agreements [1][7]. Project Details - Disko is identified as a highly prospective area for copper, nickel, cobalt, and platinum group elements (PGE), with significant mineralization potential similar to the Norilsk-Talnakh mine in Russia [6][9]. - The project area covers 3,015 square kilometers and is located approximately 120 kilometers from Ilulissat, which has essential infrastructure to support operations [12]. Geological Significance - Seven significant Magmatic Massive Sulphide (MMS) targets have been identified, with the largest measuring 5.9 km by 1.1 km [9]. - A 28-ton boulder of pure massive sulphides has been discovered, assaying 6.9% nickel, 3.7% copper, 0.6% cobalt, and 2 grams per tonne of platinum group metals [9][10]. Strategic Importance - The partnership with USFM Corporation is seen as a major milestone for both Disko and 80 Mile, aimed at accelerating drilling and resource definition while maintaining operational leadership [5][6]. - The project is positioned within a global context of increasing demand for critical resources, particularly from the U.S. administration's interest in Greenland's minerals [4][5].
Nabors Announces SANAD Drilling Joint Venture Receives Notices to Resume Work for Two Rigs
Prnewswire· 2025-11-03 11:45
Core Viewpoint - Nabors Industries Ltd. announced that its land drilling joint venture SANAD in Saudi Arabia will resume operations for two rigs that had been temporarily suspended, with expected return dates in March 2026 and June 2026, respectively. The contracts for these rigs have been extended to match the duration of their suspension [1][2]. Company Overview - Nabors Industries is a leading provider of advanced technology for the energy industry, operating in over 20 countries. The company focuses on delivering safe, efficient, and responsible energy production through its expertise in drilling, engineering, automation, data science, and manufacturing [2]. Market Position - SANAD is recognized as the largest land drilling contractor in Saudi Arabia, playing a crucial role in the development of the Kingdom's energy resources. The resumption of rig operations is seen as a positive development in this significant market [2].
Bladex closes US$700 million syndicated loan as Joint Lead Arranger for YPF to finance its exports
Prnewswire· 2025-10-28 20:41
Core Insights - Bladex has successfully closed a US$700 million syndicated loan to YPF to support the development of its export activities [1][2] - The financing is structured as a three-year Pre-Export Facility aimed at pre-financing exports and working capital, with strong market support indicated by oversubscription [2][3] - The loan reflects confidence in Argentina's energy sector, particularly the strategic Vaca Muerta project, which is crucial for the country's energy self-sufficiency and export potential [3][4] Financial Impact - The development of Vaca Muerta is expected to generate billions of dollars in annual exports and create over 50,000 direct and indirect jobs by 2030, significantly boosting Argentina's economy [5] - Bladex aims to consolidate its leadership position as a financial partner for energy companies in the region, reinforcing its commitment to investments that enhance energy security and economic impact [6] Company Background - Bladex, established in 1979, promotes trade finance and economic integration in Latin America, with a presence in multiple countries and listed on the NYSE since 1992 [7]
Conquest Resources Ltd. Reviewing Ontario Gold Projects for Winter Exploration Programs, Sale, Options and Joint Ventures
Newsfile· 2025-10-28 11:05
Core Insights - Conquest Resources Limited is reviewing its 100% owned Ontario gold projects for potential winter exploration, sale, options, or joint ventures [1] - The company holds a 70% stake in the King Bay Project and is focused on the Belfast-Teck Mag Project, evaluating VMS and IOCG mineralization [2] Project Details - The Golden Rose Mine produced 45,414 ounces of gold from 1935 to 1941, with gold found in quartz fractures and veining within two banded iron formations [3] - The Smith Lake Property consists of 181 staked mining claims and 6 patented claims, adjacent to the former Renabie Mine and the Island Gold Mine Project, with previous samples showing values over 10g/t Au [4] - The Alexander Gold Project includes 27 patented mining claims covering 448 hectares, with drilling results from Goldcorp in 2008 showing intersections of 4.97g/t Au over 1.82m [5] Company Overview - Conquest Resources Limited, established in 1945, focuses on exploring base metals and gold in Ontario, controlling over 300 square kilometers of underexplored territory in the Temagami Mining Camp [7][10] - The Belfast-Teck Mag Project is the company's flagship property, evolved from the Golden Rose Project, with significant exploration potential for various mineral deposits [8]
Sotherly Hotels Inc. to be Acquired by Joint Venture Backed by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners
Globenewswire· 2025-10-27 10:30
Core Viewpoint - Sotherly Hotels Inc. has entered into a definitive merger agreement with a joint venture led by Kemmons Wilson Hospitality Partners, which will acquire all outstanding shares of Sotherly common stock for $2.25 per share in cash, representing a significant premium to the current share price [1][2]. Summary by Sections Merger Agreement - The merger consideration of $2.25 per share represents a premium of 152.7% over Sotherly's closing share price on October 24, 2025, and a 126.4% premium to the volume-weighted average share price over the previous 30 days [2]. - The merger agreement has been unanimously approved by Sotherly's board of directors following a recommendation from a special committee of independent directors [2]. Management Statements - Andrew Sims, Chairman of the Board, emphasized that this transaction provides stockholders with a significant premium and is the highest premium paid for a public, exchange-traded REIT in the past five years [3]. - David Folsom, CEO, noted that the transaction reflects the high-quality portfolio built by Sotherly over the past 20 years and is expected to lead to future success for the hotels [3]. - Webb Wilson from KWHP highlighted Sotherly's distinctive portfolio of hotels and the additional resources that KWHP will bring to ensure continued success [3]. Preferred Stock - Holders of Sotherly's preferred stock will be entitled to receive the merger consideration if they elect to convert their shares into common stock after the merger closes [4]. Closing Timeline - The merger is expected to close in the first quarter of 2026, pending approval from Sotherly stockholders and customary closing conditions [5]. Financial Advisors - Piper Sandler & Co. is serving as the exclusive financial advisor to the Special Committee, while Frost Brown Todd LLP is the legal advisor [8].
SuperX and Chengtian Weiye Establish Joint Venture SuperX Cooltech to Jointly Launch AI Liquid Cooling Solutions
Prnewswire· 2025-10-24 12:50
Core Viewpoint - SuperX AI Technology Limited has entered into a definitive agreement to establish a joint venture, SuperX Cooltech, with Shenzhen Chengtian Weiye Technology Co., Ltd. to provide liquid cooling products and infrastructure solutions globally, excluding mainland China, Hong Kong SAR, and Macau SAR [1][2]. Group 1: Joint Venture Details - The joint venture will leverage the strengths of both companies in AI system integration and thermal management core components [2]. - SuperX will become the single largest shareholder of the joint venture [1]. Group 2: Industry Context - The demand for efficient cooling solutions is driven by new generation GPU architectures, such as NVIDIA Blackwell, which have increased power consumption above 100kW, making traditional air cooling methods inadequate [3]. - Liquid cooling technologies are becoming the preferred choice in the industry due to their ability to enhance heat exchange efficiency and server stability, while also improving energy efficiency ratios [4]. Group 3: Strategic Advantages - The joint venture will enable SuperX to offer a comprehensive product matrix, simplifying procurement and integration processes for customers [8]. - By collaborating on R&D and manufacturing, the joint venture aims to build system-level technical barriers and enhance global delivery capabilities [8]. - The partnership is expected to optimize customer return on investment by reducing project delivery cycles and operational energy consumption [8]. Group 4: Company Profiles - SuperX AI Technology Limited specializes in AI infrastructure solutions, providing a range of products and services for AI data centers, including high-performance AI servers and liquid cooling solutions [9]. - Shenzhen Chengtian Weiye Technology Co., Ltd. is a high-tech enterprise focused on R&D and manufacturing of thermal management products, with a strong presence in various industries [10].
Gold Runner Exploration Receives Final Payment Installment for Cimarron Sale and Joint Venture Agreement with Surface Metals Inc.
Newsfile· 2025-10-23 17:39
Core Insights - Gold Runner Exploration Inc. has received the final payment from Surface Metals Inc. as part of a joint venture agreement regarding the Cimarron gold project, which includes a 10% carried interest for Gold Runner [1][2] Financial Summary - The final payment consists of US$25,000 and 166,666 common shares of Surface Metals on a post-consolidated basis, totaling US$149,000 and 1,000,000 pre-consolidated shares [2] - Surface Metals has the option to acquire an additional 5% interest from Gold Runner for US$500,000 [2] Project Overview - The Cimarron gold project comprises 31 unpatented lode claims, controlling 6 historically producing claims around the San Antonio mine, which was active from the early 1900s to the 1940s [3][4] - Historical drilling efforts have identified a shallow oxide gold resource, with over 50,000 ounces of gold outlined, although the resource was never made compliant with NI 43-101 standards [3][4] Geological Context - The mineralization at Cimarron is associated with Oligocene age volcanic rocks and is characterized as a shallow, low sulfidation oxide gold system [4] - The project is located in a region known for significant gold trends, including the Walker-Lane trend, which hosts several notable mines [5] Company Background - Gold Runner Exploration is focused on the exploration and development of gold and silver properties in prolific mining districts in Canada and the USA [10] - The company also holds a flagship asset, the Rock Creek gold project, and has expanded its land position with additional acquisitions [11][12]
The Joint Corp. to Host Conference Call on Thursday, November 6th to Discuss Third Quarter 2025 Results
Globenewswire· 2025-10-23 11:05
Core Viewpoint - The Joint Corp. will report its third quarter 2025 financial results on November 6, 2025, with a conference call scheduled for the same day to discuss the results [1]. Company Overview - The Joint Corp. is the largest provider of chiropractic care in the U.S. through The Joint Chiropractic network, having introduced a retail healthcare business model in 2010 [4]. - The company operates over 950 locations nationwide and records more than 14 million patient visits annually, positioning itself as a leader in the chiropractic industry [4]. - The Joint has received multiple accolades, including being named "No. 1 in Chiropractic Services" by Entrepreneur and consistently ranking in Franchise Times' annual lists [4]. Business Structure - The Joint Corp. functions as both a franchisor and operator of clinics in various states, providing management services to affiliated chiropractic practices in numerous locations [5].