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Caliber Regains Compliance with Nasdaq Minimum Bid Price Requirement
Globenewswire· 2025-05-16 21:15
Core Viewpoint - Caliber has regained compliance with Nasdaq Listing Rule 5550(a)(2) by maintaining a minimum bid price of $1.00 per share for the required period, thus resolving the previous non-compliance issue [1][2]. Company Overview - Caliber (CaliberCos Inc.) manages over $2.9 billion in assets and has a 16-year track record in real estate management and development, focusing on hospitality, multi-family residential, and multi-tenant industrial sectors [3]. - The company aims to generate profits in all market conditions and has a competitive advantage by investing in overlooked projects, strategies, and geographies [3]. - Caliber utilizes an in-house shared services group to enhance control over real estate and improve visibility into future investment opportunities [3]. Compliance Details - On May 14, 2024, Caliber was notified of non-compliance with Nasdaq due to its stock price falling below $1.00 for 30 consecutive business days [2]. - The Compliance Notice confirmed that from May 2, 2025, to May 15, 2025, the closing bid price of Caliber's common stock was $1.00 or greater, leading to regained compliance [2].
Bunker Hill Announces Updates to Equity Financings and Major Capital Restructuring
Globenewswire· 2025-05-16 20:30
Core Points - Bunker Hill Mining Corp. has secured total funding of US$10.3 million, which includes US$6.5 million from a brokered private placement and US$3.8 million from debt settlement and equity payments [1][2][9] - The capital restructuring is supported by an equity investment from Teck Resources Limited, involving the conversion of certain outstanding debt into equity and modifications to existing financing arrangements with Sprott Streaming [1][5][20] - The company aims to use the proceeds from the offerings to advance the construction and ramp-up of the Bunker Hill Zinc-Silver-Lead Mine, targeting 85% project completion by Q4 2025 [7][9][33] Equity Financing Developments - The brokered private placement will issue up to 62,086,187 units at a price of US$0.105 (C$0.15) per unit, potentially raising approximately US$6.5 million [4][5] - Teck has committed to contribute US$2.00 for every US$1.00 raised in the brokered offering, with a lead order of up to 209,523,809 units [5][6] - Each unit will consist of one common share and one-half of a warrant, with each whole warrant exercisable for one additional common share at a price of C$0.25 for three years [6][19] Debt Restructuring Developments - The company plans to issue up to 263,690,476 common shares to Sprott Streaming as part of the debt restructuring transactions [20][27] - The restructuring includes a 40% reduction in total debt, a 58% reduction in gross revenue royalty costs, and a 22% improvement in the debt-to-total capitalization ratio [7][20] - The company intends to settle approximately US$3,072,254 and C$195,000 in outstanding receivables through equity securities at the offering price [15][16] Project Development and Future Plans - The company aims to achieve sustainable free cash flow by H1 2026, with plans to raise an additional US$30 million in equity by the end of Q4 2025 [7][9] - The processing plant is expected to be 100% complete and start commissioning, with underground development also reaching 100% completion [7][9] - The company is focused on maximizing shareholder value while responsibly developing its mining assets in the Silver Valley [33]
Vaxart Approves Resolutions to Narrow Proposed Reverse Split Range and Proposes Reducing Authorized Shares at Future Stockholder Meeting
Globenewswire· 2025-05-16 12:00
Company Urges Stockholders to Vote ‘FOR’ Reverse Stock Split Proposal at Upcoming Annual Meeting to Avoid Nasdaq Delisting Leading Independent Proxy Advisory Firms, ISS and Glass Lewis, Support Proposal #2 SOUTH SAN FRANCISCO, Calif., May 16, 2025 (GLOBE NEWSWIRE) -- Vaxart, Inc. (Nasdaq: VXRT) today announced that it has filed a supplement to its proxy statement for its Annual Meeting. The board of directors approved the following two items, if Proposal #2 passes: The current authorized number of shares of ...
42 岁程序员因 AI 失业,送外卖住拖车,投递近 1000 份简历石沉大海。网友:年薪 15 万刀攒不下钱么?
程序员的那些事· 2025-05-16 09:00
作为一名失业的软件工程师,过去一年投递量即将突破 800 份,此时的我已不感到惊讶或失望。 DoorDash 是一家美国知名的在线外卖配送平台,成立于 2013 年,总部位于加利福尼亚州旧金山。 身为有房者却住在小拖车里,这有点奇怪。事实上,我有 3 套房:一套位于纽约州北部铁锈地带大学城的翻新起步房,还有一片美丽的偏远乡村土地,上面有两间 简陋的小木屋,距离城里的房子 1 小时车程。对于一个有工作的专业人士来说,供养这些房产总体上还算容易——所有房产的月供加起来,比加州湾区一套体面的 一居室或两居室公寓租金还低。 起初,我几乎没花什么钱就买下这些房产。城里房子的一位室友每月租金足以覆盖房贷,小木屋的一位租客承担了乡村房产的大部分房贷,我残疾单身母亲微薄的 政府补助刚好够支付剩余部分。 为了照顾家人并通过房地产积累长期资产,我舍弃了西海岸的一切——我认识和爱的所有人。西海岸早已不存在这样的机会,而且已经超过 15 年了。 凭借全职工程师工作带来的约 15 万美元年薪(这是我 20 年里一步步稳步打拼来的),我勉强能覆盖所有开支、维护费用,以及为房产长期规划的翻新工程,还能 保养开了 16 年的日常代步车,每年 ...
中国房地产:第二天考察总结更多政策稳固复苏
Hui Feng Yin Hang· 2025-05-16 05:50
China Real Estate Equities Day 2 tour wrap: More policies to anchor recovery China Centaline roundtable – more policies to reinforce market stabilization. We had a roundtable discussion with Mr. LIU Yuan, Vice President of Property Research at Centaline, to discuss the latest housing market dynamics. Contrary to the market view, he believes more policies will be announced to reinforce this recovery cycle. In spite of a pullback in April, Mr Liu's tone is more optimistic and he is confident that tier-1 and t ...
置地公司(HKL):香港置地(HKL SP):买入业务转型开局良好
Hui Feng Yin Hang· 2025-05-16 05:45
Investment Rating - The report maintains a "Buy" rating for Hongkong Land (HKL) with a revised target price of USD6.00, up from USD5.23, indicating an upside potential of approximately 18.6% from the current share price of USD5.06 as of May 13, 2025 [5][8][78]. Core Insights - The report highlights that the share price of Hongkong Land has increased by 50% since May 2024, outperforming the Hang Seng Index by 27 percentage points, and suggests that the market has not fully accounted for the potential of the company's new corporate strategy announced in October 2024 [2][23]. - The new strategy focuses on simplifying the business by developing premium integrated commercial properties in key Asian cities and targeting long-term recurring income growth [3][37]. - The report identifies four key factors that support a positive outlook for HKL: successful office divestments showcasing capital recycling capabilities, the beginning of a 10-year transformation plan, sustainable dividend growth supported by rental income, and a shift away from being solely a proxy for prime Central office space [3][4][51]. Financial Performance and Projections - The report revises earnings estimates for 2025-2027, with a slight increase of 1.6% for 2025, a decrease of 2.2% for 2026, and a decrease of 0.8% for 2027, reflecting earnings accretion from recent office sales [5][76]. - The estimated NAV per share has been increased to USD10.00 from USD9.18, reflecting an 8.9% increase, while the NAV discount has been narrowed to 40% from 43% [5][77][78]. - The projected dividend per share (DPS) is expected to grow from USD0.23 in 2024 to USD0.44 by 2035, with a payout ratio of 60-80% of recurring income [43][45]. Strategic Initiatives - The report emphasizes the importance of capital recycling, with a target to recycle up to USD10 billion by 2035 and at least USD4 billion by 2027, of which USD1.2 billion has already been recycled as of April 2025 [4][58]. - A share buyback program of USD200 million was initiated in April 2025, with potential for expansion if divestment targets are met [4][59]. - The company aims to double its recurring underlying profit before interest and tax (PBIT) by 2035 and grow its assets under management (AUM) to USD100 billion [45][36]. Market Positioning - The report notes that HKL is transitioning away from being perceived solely as a Central office landlord, with its Central commercial portfolio now accounting for 47% of its valuation, down from two-thirds a decade ago [3][52]. - The company is focusing on high-end commercial properties and has ceased investments in the build-to-sell segment, reallocating capital to integrated commercial property opportunities [37][38].
2025 3 months consolidated unaudited interim report
Globenewswire· 2025-05-16 05:00
Core Insights - Merko Ehitus reported a revenue of EUR 85.2 million and a net profit of EUR 10.5 million for Q1 2025, with real estate development contributing 30% to the revenue, more than doubling from the previous year [1][2][3] Financial Performance - The pre-tax profit for Q1 2025 was EUR 11.6 million, resulting in a pre-tax profit margin of 13.6%, compared to EUR 5.2 million and 6.4% in Q1 2024 [7] - Net profit attributable to shareholders for Q1 2025 was EUR 10.5 million, with a net profit margin of 12.3%, up from EUR 4.4 million and 5.5% in Q1 2024 [7] - Revenue increased by 5.0% year-on-year, from EUR 81.2 million in Q1 2024 to EUR 85.2 million in Q1 2025 [8] Real Estate Development - The group sold 121 apartments and one commercial unit in Q1 2025, compared to 59 apartments and seven commercial units in the same period last year [5][11] - Revenue from real estate development reached EUR 26 million in Q1 2025, up from EUR 13 million in Q1 2024 [5] Construction Contracts - Merko signed new construction contracts worth EUR 50.6 million in Q1 2025, a significant increase from EUR 10.5 million in Q1 2024 [4][10] - The secured order book stood at EUR 332 million at the end of Q1 2025, down from EUR 419 million in Q1 2024 [9] Market Activity - Increased activity in the Lithuanian real estate market contributed to the improved results, while Merko also gained market share in Estonia despite stagnant sales of new apartments [2][3] - The group is focusing on completed or near-completion apartments, reflecting buyer preferences [3] Cash Position - As of March 31, 2025, the group had EUR 78.5 million in cash and cash equivalents, with equity amounting to EUR 264.7 million, representing 61.0% of total assets [12]
Main Street Capital: A Good Choice To Navigate Concerns Of The BDC Sector
Seeking Alpha· 2025-05-16 01:10
I was lucky enough to initiate my starting position in Main Street Capital (NYSE: MAIN ) during the pandemic when shares were trading around $30 per share. Unfortunately, I didn't get the chance to accumulate the position size I wanted before shares tookFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and ...
Tudor Gold Announces Upsize of Financing and Full Exercise of Over-Allotment Option for a Total of $14.95 Million, with Participation by Eric Sprott
Newsfile· 2025-05-15 20:53
Core Viewpoint - Tudor Gold Corp. has announced an upsized financing deal totaling $14.95 million, including the full exercise of the over-allotment option, with participation from Eric Sprott [2][3]. Financing Details - The financing consists of approximately $11.3 million from a Prospectus Offering and about $3.65 million from a Private Placement Offering [2]. - The Offered Securities include 10,158,045 non-flow-through units priced at $0.50 each, 8,333,500 flow-through units for charitable purchasers at $0.75 each, and 6,034,752 flow-through units at $0.60 each [5][6]. Use of Proceeds - Net proceeds from the sale of non-flow-through units will be allocated for working capital and general corporate purposes [6]. - Gross proceeds from flow-through units will be directed towards exploration expenses on the Treaty Creek property in British Columbia [6][7]. Closing and Regulatory Approval - The Offerings are expected to close around May 29, 2025, pending necessary approvals, including from the TSX Venture Exchange [4][10]. Agent Compensation - Agents involved in the Offerings will receive a cash fee of 6.0% of the gross proceeds and non-transferable broker warrants equal to 6.0% of the total number of Offered Securities sold [10]. Company Overview - Tudor Gold Corp. is focused on precious and base metals exploration and development, particularly in British Columbia's Golden Triangle, with significant interests in the Treaty Creek project [12].
Maui Land & Pineapple Company, Inc. Reports Fiscal First Quarter 2025 Results and Announces New Scalable Agri-Business Venture
Globenewswire· 2025-05-15 20:48
KAPALUA, Hawaii, May 15, 2025 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the quarter ended March 31, 2025. The Company also announced a new agriculture-based business venture designed to maximize the value of currently underutilized croplands and stimulate economic revitalization on Maui. Additional updates from the Company will be shared at its Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 21, 2025, at 8:30 ...