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FreightCar America, Inc. Announces Agreement to Redeem All Outstanding Preferred Shares with New Term Loan
GlobeNewswire· 2025-01-06 21:15
New financing arrangement reduces Company’s cost of capital by approximately 40% Further enhances financial flexibility, cash generation and ability to support growth strategy CHICAGO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced it has completed a new term loan facility. The proceeds from the term loan will be used to redeem al ...
Railtown AI Joins AI Partnerships Corporation Affiliate Network
Newsfile· 2024-12-18 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce that it has officially joined the AI Partnerships Corporation (AIP) Affiliate Network.AI Partnerships Corporation (AIP) is a global network of AI SaaS Affiliate companies that fosters collaboration between innovative AI companies and enterprises seeking cutting-edge artificial intelligence solutions. Through its Aff ...
Railtown AI Technologies Inc. Announces Full Subscription of $2.1 Million Non-Brokered Private Placement
Newsfile· 2024-11-28 05:05
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce the non-brokered private placement of up to 7,000,000 units of the Company (each, a "Unit") at a price of $0.30 per Unit for aggregate gross proceeds of up to $2,100,000 (the "Offering") previously announced on November 26, 2024, has been fully subscribed; closing is expected to occur on or before December 6, 2024. Each Unit will consist of one c ...
Railtown AI Technologies Inc. Announces $2.1 Million Non-Brokered Private Placement
Newsfile· 2024-11-27 05:40
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce a non-brokered private placement of up to 7,000,000 units of the Company (each, a "Unit") at a price of $0.30 per Unit for aggregate gross proceeds of up to $2,100,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, ...
FreightCar America, Inc. to Present at NobleCon20
GlobeNewswire News Room· 2024-11-26 21:15
CHICAGO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that the Company will present and conduct investor meetings at Noble Capital Markets’ Emerging Growth Equity Conference on December 3-4, 2024 in Boca Raton, Florida. Nick Randall, President and Chief Executive Officer, and Mike Riordan, Chief Financial Officer, will begin the presentation at 1:30 P ...
FreightCar America: Market Overreacted To Missing Revenues And Tariff Risks
Seeking Alpha· 2024-11-13 05:52
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FreightCar America(RAIL) - 2024 Q3 - Earnings Call Presentation
2024-11-12 18:42
FREIGHTCAR AMERICA Investor Presentation November 2024 Disclosures 2 Forward-Looking Statements This presentation contains statements relating to our expected financial performance, financial condition, and/or future business prospects, events and/or plans that are "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. Our actual results may differ materi ...
FreightCar America(RAIL) - 2024 Q3 - Earnings Call Transcript
2024-11-12 18:41
FreightCar America, Inc. (NASDAQ:RAIL) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Chris O'Dea - Riverton Investor Relations Nicholas Randall - President and Chief Executive officer Mike Riordan - Chief Financial Officer Matthew Tonn - Chief Commercial Officer. Conference Call Participants Mark Reichman - Noble Capital Markets Brendan McCarthy - Sidoti & Company Operator Welcome to FreightCar America’s Third Quarter 2014 Earnings Conference Call. At this time, all par ...
Freightcar America (RAIL) Surpasses Q3 Earnings Estimates
ZACKS· 2024-11-12 15:01
Freightcar America (RAIL) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this rail car maker would post earnings of $0.05 per share when it actually produced earnings of $0.05, delivering no surprise.Over the last four quarters, the company has su ...
FreightCar America(RAIL) - 2024 Q3 - Quarterly Report
2024-11-12 12:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly period ended September 30, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-51237 FREIGHTCAR AMERICA, INC. (Exact name of registrant as specified in its charter) Delaware 25-1837219 (State or other jurisdiction of incorporation or organization) (I. ...