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BrandPilot AI Inc. (formerly, Universal PropTech Inc.) Announces Closing of Change of Business Transaction with Xemoto Media Ltd.
Newsfile· 2024-06-28 15:17
In connection with the completion of the COB Transaction, the Common Shares were delisted from the TSX Venture Exchange on June 13, 2024, and the Canadian Securities Exchange (the "CSE") conditionally approved the listing of the Common Shares on June 7, 2024. Forward Looking Statements . About BrandPilot AI Inc. . June 28, 2024 11:17 AM EDT | Source: BrandPilot AI Inc. As previously announced in Xemoto's corporate update on May 29, 2024, BPAI will continue the business of Xemoto by providing digital marketi ...
Universal PropTech Inc. Changes its Name to BrandPilot AI Inc.
Newsfile· 2024-06-24 12:00
In addition to the name change, it is also expected that the Company's shares will trade under the symbol "BPAI" on the Canadian Securities Exchange ("CSE") following the closing of the Transaction. BrandPilot AI is at the forefront of developing AI-driven marketing technologies that foster powerful brandconsumer relationships. The company is dedicated to innovating solutions that not only meet the highest performance standards but also uphold the integrity and trust of consumers. Universal PropTech Inc. is ...
Universal PropTech Inc. Announces Delisting from the TSX Venture Exchange
GlobeNewswire News Room· 2024-06-13 01:17
As announced in the Company's news release of June 10, 2024, the Delisting is being conducted in connection with the previously announced business combination between the UPI and Xemoto Media Ltd. ("Xemoto"). UPI and Xemoto have received conditional approval from the Canadian Securities Exchange (the "CSE") to list the common shares of the issuer which will be formed upon completion of Business Combination, to be named "BrandPilot AI Inc." (the "Resulting Issuer"). Listing of the Resulting Issuer's shares i ...
Universal Technical Institute, Inc. Announces Investor Marketing Schedule for June 2024
Prnewswire· 2024-06-11 12:30
SOURCE Universal Technical Institute, Inc. PHOENIX, June 11, 2024 /PRNewswire/ -- In the coming weeks, the management team of Universal Technical Institute, Inc. (NYSE: UTI) (the "Company"), a leading workforce solutions education provider, will participate in several investor marketing events to showcase the Company's achievements regarding its growth, diversification and optimization strategy. Further, during these events, the management team will discuss the Company's financial performance and business o ...
Universal Stainless Set to Join Russell 2000 and 3000® Indexes
GlobeNewswire News Room· 2024-06-04 11:00
BRIDGEVILLE, Pa., June 04, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reported today that it is set to join the broad-market Russell 2000 and 3000 Indexes at the conclusion of the annual reconstitution of the 2024 Russell US Indexes, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions posted Friday, May 24th. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 3 ...
Universal Technical Institute announces 2024 "Summer Ignite" program for automotive skilled trade training
Prnewswire· 2024-06-03 20:15
Three-week introductory automotive or motorcycle repair courses aim to tackle the skilled technician shortage nationwide. PHOENIX, June 3, 2024 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., is bringing its Summer Ignite program back for 2024 in partnership with NAPA. Students attending the 2023 Summer Ignite program.Students attending the 2023 Summer Ignite program. The U.S. Bureau of Labor Stati ...
Universal PropTech Inc. Announces Results of Annual General and Special Meeting of Shareholders
Newsfile· 2024-06-03 11:30
. ● . Universal PropTech Inc. Announces Results of Annual General and Special Meeting of Shareholders June 03, 2024 7:30 AM EDT | Source: Universal PropTech Inc. Toronto, Ontario--(Newsfile Corp. - June 3, 2024) - Universal PropTech Inc. (TSXV: UPI.H) ("UPI" or the "Company") has released the results of voting on all resolutions presented to its annual general and special meeting of shareholders held on May 31, 2024 (the "Meeting"). A total of 11,327,469 common shares, or 23% of the 49,217,408 issued and ou ...
Universal Health Realty Income Trust: A Solid 7.8% Yielding REIT Retirees Should Consider
Seeking Alpha· 2024-05-31 11:00
Jordan Siemens/DigitalVision via Getty Images Introduction As an income investor, I'm always on the hunt for stocks that I consider great investments for retirees. As a retiree myself, REITs offer that ability to generate reliable income streams. As a result of their tax structures, they're also better to hold in a tax-advantaged account like a ROTH IRA. And with a lot of retirees over the age of 59 1/2, holding solid REITs with strong fundamentals should be an obvious choice. One REIT that fits the bill is ...
Epson Streamlines Remote Business Printing with Bridge for Universal Print by Microsoft
prnewswire.com· 2024-05-30 10:15
Epson Integration with Microsoft Cloud-Based Service Enables Secure and Cost-Effective Management of Epson Remote Printers for IT Administrators LOS ALAMITOS, Calif., May 30, 2024 /PRNewswire/ -- Epson America, Inc., a worldwide leader in inkjet printing solutions, today announced the integration of its legacy business printing solutions with Universal Print by Microsoft via a bridge providing simple remote print support for employees and ease of printer fleet management for administrators. The Epson bridge ...
Universal (UVV) - 2024 Q4 - Annual Report
2024-05-29 16:00
Market Value and Financial Strength - Universal Corporation's aggregate market value of voting and non-voting common equity held by non-affiliates was approximately $1.2 billion as of September 29, 2023[4] - The company's financial strength enables it to invest in suitable opportunities, manage liquidity, borrowings, and capital costs, providing flexibility in responding to market changes[34] Tobacco Production and Market Share - The company handles, on average, between 20% and 30% of annual flue-cured and burley tobacco production in Africa, 15% to 25% in Brazil, and 35% to 45% in the United States over the last five years[28] - The company handles between 20% and 30% of flue-cured and burley tobacco production in Africa, 15% to 25% in Brazil, and 35% to 45% in the United States over the last five years[28] Workforce and Employment - Universal Corporation employs over 27,000 employees globally, with approximately 60% being seasonal and 40% full-time as of March 31, 2024[50] - The company's workforce includes nearly 50% female employees and over 20% female managers globally[50] - The company has twelve collective bargaining agreements covering approximately 52% of its workforce[50] - Only around 5% of the company's employees are located in the United States, with expatriate hires representing less than 0.4% of the workforce[51] Ingredients and Extracts Division - The company's Shank's Extracts division offers over 2,400 botanical extracts, distillates, natural flavors, and colors, with a major expansion project expected to be fully operational by the second half of fiscal 2025[40] - Shank's expansion project is expected to be fully operational by the second half of fiscal 2025, adding extraction, blending, and aseptic packaging capabilities[40] Sustainability and ESG Efforts - Universal Corporation's sustainability efforts are overseen by the Nominating and Corporate Governance Committee, with a focus on ESG programs and transparent reporting[45] - The company's GAP training programs for farmers focus on sustainability, crop quality, environmental stewardship, and agricultural labor standards, which are increasingly demanded by major customers[34] Financial Risks and Market Influences - The company's financial results are significantly influenced by changes in the balance of supply and demand for leaf tobacco, which can be affected by factors such as global consumption trends, regulatory factors, and climate change[72][73][75] - Customer order timing and shipment variations may cause significant fluctuations in quarterly and annual financial results, impacting revenue recognition based on ownership transfer[76] - Major shifts in customer requirements for tobacco supply may necessitate changes in production facilities and fixed assets, potentially triggering restructuring and impairment charges[77] - Inflationary pressures on costs (raw materials, labor, energy, etc.) may not be fully offset by price increases, potentially affecting business results and financial condition[78] - The company's financial results are significantly affected by changes in the balance of supply and demand for leaf tobacco, influenced by global consumption trends and regulatory factors[72][73] - Climate change impacts, such as changing rainfall patterns and water shortages, could adversely affect tobacco supply and demand, as well as transportation services[75] - The company faces risks from inflationary pressures on raw materials, labor, energy, and distribution costs, which may not be fully offset by price increases[78] Global Operations and Diversification - The company operates in over 30 countries across five continents, ensuring diversified sourcing and minimizing localized supply disruptions[34] - The company operates in over 30 countries across five continents, maintaining a presence in all major tobacco origin markets, which helps minimize the impact of adverse crop conditions and localized supply disruptions[34] Subsidiaries and Acquisitions - Silva, a subsidiary, procures over 60 types of dehydrated ingredients from 20+ countries and recently expanded its manufacturing facility to meet growing demand for natural products[39] - Silva procures over 60 types of dehydrated vegetables, fruits, and herbs from more than 20 countries, with a 380,000 square foot manufacturing facility employing over 200 people[39] - The company continues to invest in its Universal Ingredients platform, leveraging acquisitions like FruitSmart, Silva, and Shank's to drive operational synergies and value creation[18] - Universal Ingredients platform has been enhanced to drive value creation, leveraging acquisitions like FruitSmart, Silva, and Shank's[18] Competition and Market Differentiation - The company faces intense competition in the plant-based ingredients market but differentiates itself through global sourcing, innovation, and strong customer relationships[44] - The company faces competition from thousands of small, privately-owned companies in the plant-based ingredients segment, but distinguishes itself through high-quality, innovative, and customized product solutions with global sourcing capabilities[44] Regulatory and Political Risks - Regulatory efforts to reduce tobacco consumption globally could significantly impact the company's operations and financial results[92][95] - Political and economic uncertainties in international markets, particularly in developing countries, could adversely affect the company's performance[101] - The company's international operations are subject to political and economic uncertainties, particularly in developing countries and emerging markets, which could adversely affect its performance[101] - The company faces regulatory risks from government efforts to reduce tobacco consumption, which could significantly impact its leaf tobacco customers and, in turn, its results of operations[92] Cybersecurity and IT Risks - Cybersecurity risks and IT system failures could disrupt business operations and lead to financial and reputational damage[84][85] Labor Market Challenges - Labor market challenges and competition for talent may hinder the company's ability to attract and retain qualified personnel, impacting growth and profitability[88][89] Currency and Credit Risks - The company uses currency hedging strategies to manage foreign exchange risks in markets with illiquid or nonexistent forward exchange markets[112] - The company extends credit to suppliers and customers in its tobacco operations, with potential risks of bad debt provisions and delays in recovering advances due to crop failures[109] - Crop advances to tobacco farmers are secured by delivery agreements, but crop failure or delivery issues could delay or prevent full recovery of advances[109] - The company uses currency hedging strategies to manage foreign exchange risks, particularly in markets with illiquid or nonexistent forward foreign exchange markets[112]