Latest news with #SecuritiesActof1933
Business Upturn
2 hours ago
- Business
- Business Upturn
PrimeEnergy Resources Corporation Announces Change in Independent Registered Public Accounting Firm
By GlobeNewswire Published on June 28, 2025, 02:50 IST HOUSTON, June 27, 2025 (GLOBE NEWSWIRE) — PrimeEnergy Resources Corporation (NASDAQ: PNRG, today announced that it has appointed Withum Smith+Brown, PC ('Withum') as the Company's independent registered public accounting firm, effective June 27, 2025. The decision to change auditors was recommended and approved by the Company's Audit Committee and the Board of Directors. PrimeEnergy Resources is an independent oil and natural gas company engaged in the acquisition, development, and production of hydrocarbons, primarily in Texas. The Company's common stock trades on the NASDAQ under the symbol PNRG. For investor inquiries, contact: Connie Ng – (713) 735-0000 ext. 6416 Forward-Looking Statements This Report contains forward-looking statements that are based on management's current expectations, estimates and projections. Words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes', 'projects' and 'estimates,' and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, and are subject to the safe harbors created thereby. These statements are not guarantees of future performance and involve risks and uncertainties and are based on a number of assumptions that could ultimately prove inaccurate and, therefore, there can be no assurance that they will prove to be accurate. Actual results and outcomes may vary materially from what is expressed or forecast in such statements due to various risks and uncertainties. These risks and uncertainties include, among other things, the possibility of drilling cost overruns and technical difficulties, volatility of oil and gas prices, competition, risks inherent in the Company's oil and gas operations, the inexact nature of interpretation of seismic and other geological and geophysical data, imprecision of reserve estimates, and the Company's ability to replace and expand oil and gas reserves. Accordingly, stockholders and potential investors are cautioned that certain events or circumstances could cause actual results to differ materially from those projected. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Upturn
8 hours ago
- Politics
- Business Upturn
President Donald J. Trump Calls on LindellTV Lady in Red Reporter, Cara Castronuova of Mike Lindell Media Corp. OTC: (MLMC) in the White House Briefing Room
By GlobeNewswire Published on June 28, 2025, 01:03 IST Washington, D.C. , June 27, 2025 (GLOBE NEWSWIRE) — Mike Lindell Media Corp. (OTC: MLMC) Reporter Cara Castronuova was called on by President Trump for a question today in the White House Briefing Room during a Press Conference as the President said, 'red dress.' The President was visibly appreciative of Ms. Castronuova's question which asked about potentially appointing a Special Prosecutor and also inquired about the taboo subject, the 2020 election. Additionally, she asked President Trump about rogue judges and the possibility of the President appointing someone at the Department of Justice (DOJ) Mike Lindell, Chairman and CEO of LindellTV and Mike Lindell Media Corp. said, 'Cara Castonuova asked the perfect question of our Great President. We have to address the 2020 stolen election and we have to secure our our election platforms. We know 2020 was not right. All people should be very concerned, not just Republicans, but everyone. Our Great President knows we have to secure our election platforms or these next four years are going to be in vain. We must go to paper ballots — hand counted! What a blessing that the President called upon our reporter, Cara Castronuova!' For media inquiries or further information, please contact:Mike Lindell or [email protected] ABOUT MIKE LINDELL MEDIA, CORP. Mike Lindell Media, Corp. operates a conservative broadcast network to provide a conservative alternative to mainstream media outlets through its platforms at (launched in April 2021 and rebranded as Lindell-TV in February 2025) and (launched as FrankSocial in April 2022 and rebranded as VOCL in September 2024) (collectively the 'Platforms'). The Company has grown to serve over 7 million monthly viewers on its Platforms. The Company strives to provide accurate, unbiased and timely reporting. Recently, the Company was granted press access for its reporters to White House press conferences under the Trump administration. The Company will report primarily from Washington, D.C., inside and outside the White House, covering United States and world events. Visit to learn more. Media Contact: For media inquiries or further information, please contact:Mike Lindell or [email protected] [email protected] Forward Looking Statements: This press release contains forward-looking statements, including statements related to the business, operations and future plans of Mike Lindell Media, Corp. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, that involve substantial risks and uncertainties. All statements, other than statements of historical facts, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans and objectives of management and expected market growth are forward-looking statements. The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'target,' 'would', 'will': and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. The Company believes that its primary risk factors include, but are not limited to its limited capital resources and its need for substantial financing; the need to develop effective internal process and system; changes in the overall economy; changes in technology, its ability to attract viewers to its platforms, its ability to attract advertisers and paid users to its platforms, the number and size of competitors and the mix of its products and services offered in its markets; and changes in the law and regulatory policy. Additionally, certain information included in this communication contains statements that are forward-looking, such as statements relating to the future anticipated direction of the media industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. These risks include, among others, risks associated with unproven sales derived from the Company's operations, dependence on its access to WHITE HOUSE events and press conferences, risks associated with the media and communications industry, global or domestic terrorism, energy or power failure, and the risks related to its operations as a news outlet and social media platform. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
10 hours ago
- Business
- Yahoo
Array Technologies Closes Upsized Offering of Its 2.875% Convertible Senior Notes
$345 million raised; approximately $334 million of net proceeds $233 million of term loan outstanding balance to be repaid with proceeds $78 million of proceeds used to repurchase $100 million principal of 1.00% Convertible Senior Notes due 2028 $35 million of proceeds used to acquire Capped Calls elevating conversion price to $12.74 per share ALBUQUERQUE, N.M., June 27, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ: ARRY) (the 'Company' or 'ARRAY') today announced the closing of its previously announced private offering of $345 million aggregate principal amount of its 2.875% convertible senior notes due July 2031 (the 'Notes'). The Notes were sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The offering represents the aggregate of both the previously announced, upsized offering of $300 million, as well as the full exercise of the $45 million option to purchase additional Notes granted by ARRAY to the initial purchasers of the Notes. Kevin G. Hostetler, Chief Executive Officer of ARRAY, said, 'This successful offering marks a significant milestone in our ongoing efforts to strengthen ARRAY's capital structure and position the company for long-term growth. By refinancing higher-cost debt and proactively managing our debt maturity profile, we are enhancing our financial flexibility while minimizing potential dilution for shareholders. These actions reflect our continued commitment to disciplined capital allocation and delivering sustainable value.' H. Keith Jennings, Chief Financial Officer of ARRAY, added, 'We are pleased with the strong demand for our convertible notes offering, which allowed us to upsize the transaction and optimize our balance sheet. The repayment of our term loan affords us the full maturity extension of our revolving credit facility, and the repurchase of a portion of our 2028 convertible notes at a discount generates meaningful shareholder value. Additionally, the capped call transactions provide important protection against dilution, aligning with our focus on prudent financial management.' The net proceeds from the offering were approximately $334.1 million, after deducting the initial purchasers' discounts and estimated expenses payable by ARRAY. ARRAY intends to use (i) a portion of the net proceeds, together with approximately $12.1 million cash on hand, to fully repay the approximately $232.8 million of outstanding indebtedness under its term loan facility, (ii) approximately $35.1 million of the net proceeds to fund the cost of entering into the capped call transactions and (iii) a portion of the net proceeds to fund repurchases of approximately $100 million in aggregate principal amount of its outstanding 1.00% Convertible Senior Notes due 2028 for approximately $78.3 million in cash, plus accrued and unpaid interest. The capped call transactions entered into in connection with the offering are expected to generally reduce potential dilution to the common stock upon conversion of the Notes or to offset any cash payments the Company is required to make in excess of the principal amount of converted Notes, as the case may be, with the reduction or offset subject to a cap initially equal to $12.74 per share. The capped calls have an initial strike price of $8.12 per share, subject to adjustments, which corresponds to the initial conversion price of the Notes. Total annual net interest expense savings resulting from these transactions is expected to be approximately $9 million and will enhance free cash flow generation. About Array Technologies, Inc. ARRAY Technologies, Inc. (NASDAQ: ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY's high-quality solar trackers, software platforms and field services combine to maximize energy production and deliver value to ARRAY's customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology - relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit Media Contact:Nicole Investor Relations Contact:ARRAY Technologies, Relationsinvestors@ Forward-Looking Statements This press release includes 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as 'estimate,' 'plan,' 'project,' 'forecast,' 'intend,' 'will,' 'shall,' 'expect,' 'anticipate,' 'believe,' 'seek,' 'target,' 'continue,' 'could,' 'may,' 'might,' 'possible,' 'potential,' 'predict' or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to the intended use of the net proceeds and the expected savings from the offering. Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond the Company's control) that could cause actual results to differ materially from those set forth in the forward looking statements, including risks and uncertainties associated with market conditions, including market interest rates, the trading price and volatility of ARRAY's common stock, the Company's business and operations and results of financing efforts, including those described in more detail in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and subsequent reports and other documents on file with the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release speak only as of the date of this press release. Except as required by law, the Company does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 hours ago
- Politics
- Yahoo
President Donald J. Trump Calls on LindellTV Lady in Red Reporter, Cara Castronuova of Mike Lindell Media Corp. OTC: (MLMC) in the White House Briefing Room
Washington, D.C. , June 27, 2025 (GLOBE NEWSWIRE) -- Mike Lindell Media Corp. (OTC: MLMC) Reporter Cara Castronuova was called on by President Trump for a question today in the White House Briefing Room during a Press Conference as the President said, "red dress." The President was visibly appreciative of Ms. Castronuova's question which asked about potentially appointing a Special Prosecutor and also inquired about the taboo subject, the 2020 election. Additionally, she asked President Trump about rogue judges and the possibility of the President appointing someone at the Department of Justice (DOJ) Mike Lindell, Chairman and CEO of LindellTV and Mike Lindell Media Corp. said, "Cara Castonuova asked the perfect question of our Great President. We have to address the 2020 stolen election and we have to secure our our election platforms. We know 2020 was not right. All people should be very concerned, not just Republicans, but everyone. Our Great President knows we have to secure our election platforms or these next four years are going to be in vain. We must go to paper ballots -- hand counted! What a blessing that the President called upon our reporter, Cara Castronuova!" For media inquiries or further information, please contact:Mike Lindell or GregM@ MIKE LINDELL MEDIA, CORP. Mike Lindell Media, Corp. operates a conservative broadcast network to provide a conservative alternative to mainstream media outlets through its platforms at (launched in April 2021 and rebranded as Lindell-TV in February 2025) and (launched as FrankSocial in April 2022 and rebranded as VOCL in September 2024) (collectively the 'Platforms'). The Company has grown to serve over 7 million monthly viewers on its Platforms. The Company strives to provide accurate, unbiased and timely reporting. Recently, the Company wasgranted press access for its reporters to White House press conferences under the Trump administration. The Company will report primarily from Washington, D.C., inside and outside the White House, covering United States and world events. Visit to learn more. Media Contact: For media inquiries or further information, please contact:Mike Lindell or GregM@ investor@ Looking Statements: This press release contains forward-looking statements, including statements related to the business, operations and future plans of Mike Lindell Media, Corp. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, that involve substantial risks and uncertainties. All statements, other than statements of historical facts, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans and objectives of management and expected market growth are forward-looking statements. The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'target,' 'would', 'will': and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. The Company believes that its primary risk factors include, but are not limited to its limited capital resources and its need for substantial financing; the need to develop effective internal process and system; changes in the overall economy; changes in technology, its ability to attract viewers to its platforms, its ability to attract advertisers and paid users to its platforms, the number and size of competitors and the mix of its products and services offered in its markets; and changes in the law and regulatory policy. Additionally, certain information included in this communication contains statements that are forward-looking, such as statements relating to the future anticipated direction of the media industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. These risks include, among others, risks associated with unproven sales derived from the Company's operations, dependence on its access to WHITE HOUSE events and press conferences, risks associated with the media and communications industry, global or domestic terrorism, energy or power failure, and the risks related to its operations as a news outlet and social media in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
16 hours ago
- Business
- Miami Herald
Gladstone Commercial Announces Industrial Acquisition in Harrison Township, Michigan
MCLEAN, VA / ACCESS Newswire / June 26, 2025 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") is pleased to announce the acquisition of a 215,102 square foot, crane-served industrial manufacturing, distribution, and warehouse facility located in Harrison Township, Michigan. The property was acquired for $16.25 million at a weighted average GAAP capitalization rate of 9.59%. The facility is 100% leased to Yanfeng International Automotive Technology US, a U.S.-based subsidiary of Yanfeng International Automotive Technology Co., Ltd, a global investment-grade automotive supplier specializing in interiors, exteriors, seating, cockpit electronics, and passive safety systems. This acquisition aligns with Gladstone Commercial's strategy of acquiring mission-critical, high-quality industrial assets leased to strong credit tenants in growth markets. "We are excited to expand our industrial portfolio with a well-located, mission-critical facility leased to a world-class tenant. This acquisition strengthens our existing relationship with Yanfeng, adds synergies across our portfolio, and supports our long-term strategy of acquiring functional assets with strong tenant credit and long-term upside," stated Ryan Carter, Executive Vice President of Gladstone Commercial. "This addition further advances our strategy of expanding our industrial footprint in core U.S. manufacturing markets. The facility is leased long-term to a creditworthy tenant and is strategically located in the Detroit metro area, which continues to benefit from strong demand tied to domestic manufacturing. The acquisition is immediately accretive, extends our weighted average lease term, and reinforces our focus on durable cash flows and industrial growth," said Buzz Cooper, President of Gladstone Commercial. About Gladstone Commercial (Nasdaq: GOOD) Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of March 31, 2025, Gladstone Commercial's real estate portfolio consisted of 141 properties located in 27 states, totaling approximately 17.3 million square feet. For additional information, please visit For Broker Submittals: Investor or Media Inquiries: All statements contained in this press release, other than historical facts, may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements involve inherent risks and uncertainties as they relate to expectations, beliefs, projections, future plans and strategies, anticipated events, or trends concerning matters that are not historical facts and may ultimately prove to be incorrect or false. Forward-looking statements include information about possible or assumed future events, including, without limitation, those relating to the discussion and analysis of Gladstone Commercial's business, financial condition, results of operations, and our strategic plans and objectives. Words such as "may," "might," "believe," "will," "anticipate," "future," "could," "growth," "plan," "intend," "expect," "should," "would," "if," "seek," "possible," "potential," "likely" and variations of these words and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain these words. Forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those included within or contemplated by such statements, including, but not limited to, the description of risks and uncertainties in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the SEC on February 18, 2025, and certain other filings made with the SEC. Gladstone Commercial cautions readers not to place undue reliance on any such forward-looking statements which speak only as of the date made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For further information: Gladstone Commercial Corporation, (703) 287-5893 For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit SOURCE: Gladstone Commercial Corporation
