logo
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Radius Recycling, Inc. (Nasdaq - RDUS), Vacasa, Inc. (Nasdaq - VCSA), Walgreens Boots Alliance (Nasdaq - WBA), Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY)

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Radius Recycling, Inc. (Nasdaq - RDUS), Vacasa, Inc. (Nasdaq - VCSA), Walgreens Boots Alliance (Nasdaq - WBA), Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY)

BALA CYNWYD, Pa., March 17, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected]) or Marc Ackerman ( [email protected]) at 855-576-4847. There is no cost or financial obligation to you.
Radius Recycling, Inc. (Nasdaq - RDUS)
Under the terms of the agreement, Radius Recycling will be acquired by Toyota Tsusho America, Inc. ('TAI'), a U.S. subsidiary of Toyota Tsusho Corporation for $30.00 per share in cash. The investigation concerns whether the Radius Recycling Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares.
Additional information can be found at https://www.brodskysmith.com/cases/radius-recycling-inc-nasdaq-rdus/.
Vacasa, Inc. (Nasdaq - VCSA)
Under the terms of the agreement, Vacasa will be acquired by Casago for $5.30 per share in cash. The investigation concerns whether the Vacasa Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal price provides fair value to Company shareholders.
Additional information can be found at https://www.brodskysmith.com/cases/vacasa-inc-nasdaq-vcsa/.
Walgreens Boots Alliance (Nasdaq - WBA)
Under the terms of the Merger Agreement, WBA will be acquired by Sycamore Partners for $11.45 per share in cash at closing of the Sycamore transaction and one non-transferable right to receive up to $3.00 in cash per WBA share. The investigation concerns whether the WBA Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal price provides fair value to Company shareholders.
Additional information can be found at .
Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY)
Under the terms of the agreement, Logility will be acquired by Aptean for $14.30 per share in cash. The investigation concerns whether the Logility Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares.
Additional information can be found at .
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Australian Oilseeds Holdings Limited Announces Receipt of Nasdaq Notification Regarding Filing Delinquency
Australian Oilseeds Holdings Limited Announces Receipt of Nasdaq Notification Regarding Filing Delinquency

Yahoo

time23 minutes ago

  • Yahoo

Australian Oilseeds Holdings Limited Announces Receipt of Nasdaq Notification Regarding Filing Delinquency

COOTAMUNDRA, Australia, June 10, 2025 (GLOBE NEWSWIRE) -- Australian Oilseeds Holdings Limited (the 'Company') (NASDAQ: COOT), a manufacturer and seller of sustainable edible oils to customers globally, announced that it has received a letter from the Listing Qualifications staff of The Nasdaq Stock Market ('Nasdaq') notifying the Company that it has not regained compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Global Market. Nasdaq Listing Rule 5450(b)(1) requires listed companies to maintain stockholders' equity of at least $10,000,000 (the 'Stockholders' Equity Requirement'). As previously noted in the Company's Current Report on Form 8-K filed with the SEC on December 12, 2024, the Company received a letter on December 6, 2024 from the Listing Qualifications Department (the 'Staff') of Nasdaq notifying the Company that it was not in compliance with the Stockholders' Equity Requirement. The Company was granted a 180-day extension to regain compliance with the Stockholders' Equity Requirement. Based on the review of the materials submitted on February 18, 2025 to Nasdaq by the Company, Nasdaq previously granted the Company's request for an extension until May 30, 2025 to evidence compliance with this requirement. The letter from Nasdaq on June 4, 2025 further informed the Company that the Company's securities would be delisted from Nasdaq unless the Company appeals the Staff's delisting determination by requesting a hearing before the Nasdaq Hearings Panel (the 'Panel'). The Company intends to request a hearing before the Panel on or before 4:00 p.m. Eastern Time on June 11, 2025, which will automatically stay the suspension of trading in the Company's securities pending the Panel's decision, although no assurance can be provided that such an extension would be granted. Today, the Company also applied to list its securities on The Nasdaq Capital Market. About Australian Oilseeds Holdings Limited. Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the 'Company') (NASDAQ: COOT) through its subsidiaries, including Australian Oilseeds Investments Pty Ltd., an Australian proprietary company, tis focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company's cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds. Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," "shall" and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K for June 30, 2024 and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements. ContactAustralian Oilseeds Holdings Limited126-142 Cowcumbla StreetCootamundra New South Wales 2590Attn: Amarjeet Singh, CFOEmail: amarjeet.s@ Investor Relations ContactReed Anderson(646)

Optimism for U.S.-China Trade Talks Pushes Stocks Higher - Minute Briefing
Optimism for U.S.-China Trade Talks Pushes Stocks Higher - Minute Briefing

Wall Street Journal

time30 minutes ago

  • Wall Street Journal

Optimism for U.S.-China Trade Talks Pushes Stocks Higher - Minute Briefing

Full Transcript This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Danny Lewis: Here's your closing bell brief for Tuesday, June 10th, I'm Danny Lewis for the Wall Street Journal. Stock indexes closed higher as U.S.-China trade talks continued for a second day. The Dow Jones Industrial Average gained 105 points to close at 42,867. The S&P 500 advanced 33 points and the NASDAQ rose 124 points. Commerce Secretary, Howard Lutnick told reporters that the negotiations with China are going, "Really, really well." He said he hoped the talks would end tonight, but they could continue into Wednesday if needed. Elsewhere, new survey data from the National Federation of Independent Business showed small firms are feeling less worried about tariffs, alongside hopes for a boost from President Trump's tax and spending bill. But the World Bank painted a less optimistic picture saying it expects the U.S. economy to grow just 1.4% this year, as a result of Trump's trade policies. In individual companies trading today, Tesla stock continued its rebound following last week's route, sparked by CEO Elon Musk's fallout with Trump. Shares climbed almost 6%. Shares of Taiwan Semiconductor rose 2.6% after the chip maker reported a 40% rise in revenue in May compared to last year. And stock in Folgers and Hostess Brands owner J.M. Smucker fell after it posted lower sales and swung to a $729 million loss in its latest quarter. Shares dropped nearly 16%. Also, people familiar with the matter, say Facebook parent Meta Platforms, is in advanced talks to invest about $14 billion into data labeling startup Scale AI. Its CEO, Alexandr Wang, would join Meta to help lead its artificial intelligence development. We'll have a lot more coverage of the day's news on the WSJ's, What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

K92 Mining Announces Voting Results of Annual General Meeting of Shareholders
K92 Mining Announces Voting Results of Annual General Meeting of Shareholders

Yahoo

time32 minutes ago

  • Yahoo

K92 Mining Announces Voting Results of Annual General Meeting of Shareholders

VANCOUVER, British Columbia, June 10, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. ('K92' or the 'Company') (TSX: KNT; OTCQX: KNTNF) is pleased to announce the voting results of its 2025 annual general meeting ('AGM') of shareholders that was held today as a virtual and in-person event. All of the resolutions proposed at the meeting were duly passed. A total of 160,902,226 common shares, representing 66.83% of the Company's issued and outstanding common shares as at the record date were voted. All of the Company's six director nominees were elected and detailed results of the votes on directors are shown below: Name of Nominee Votes For Votes Withheld Number % Number % Mark Eaton 141,576,374 97.81 3,174,920 2.19 Anne E. Giardini 144,542,464 99.86 208,830 0.14 Saurabh Handa 144,109,082 99.56 642,212 0.44 Cyndi Laval 144,710,951 99.97 40,343 0.03 Nan Lee 144,721,191 99.98 30,103 0.02 John D. Lewins 144,699,736 99.96 51,558 0.04 Shareholders also voted in favour of the following matters: Set the number of directors at six (6); Re-appointed PricewaterhouseCoopers LLP as auditor of the Company for the ensuing year and authorized the directors to fix the auditor's remuneration; and Approved the non-binding advisory resolution accepting the Company's approach to executive compensation. Matter Votes For Votes Against Number % Number % Number of Directors (6) 160,667,308 99.85 234,918 0.15 Appoint Auditor 158,954,274 98.79 1,947,951 1.21 Advisory Vote on Executive Compensation 137,964,551 95.31 6,786,743 4.69 All six directors will serve on the Company's Board of Directors until the next annual meeting of shareholders or until their successors are elected or appointed. Further details on the above matters are set forth in the Company's meeting materials, including the Management Information Circular dated April 23, 2025, that are accessible on K92's website at and under the Company's issuer profile on SEDAR+ at Final voting results on all matters voted on at the AGM are also contained in the Report on Voting Results filed under the Company's profile on the SEDAR+ website. About K92 K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing plant expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022. K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience. On Behalf of the Company, John Lewins, Chief Executive Officer and Director For further information, please contact David Medilek, CFA, President and Chief Operating Officer at +1-604-416-4445 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain 'forward-looking statements' under applicable Canadian securities legislation. Such forward-looking statements include, without limitation: (i) the results of the Kainantu Mine Definitive Feasibility Study, including the Stage 3 Expansion, a new standalone 1.2 mtpa process plant and supporting infrastructure; (ii) statements regarding the expansion of the mine and development of any of the deposits; (iii) the Kainantu Stage 4 Expansion, operating two standalone process plants, larger surface infrastructure and mining throughputs; and (iv) the potential extended life of the Kainantu Mine. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as 'expect', 'plan', 'anticipate', 'project', 'target', 'potential', 'schedule', 'forecast', 'budget', 'estimate', 'intend' or 'believe' and similar expressions or their negative connotations, or that events or conditions 'will', 'would', 'may', 'could', 'should' or 'might' occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors, many of which are beyond our ability to control, that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, without limitation, Public Health Crises, including the epidemic or pandemic viruses; changes in the price of gold, silver, copper and other metals in the world markets; fluctuations in the price and availability of infrastructure and energy and other commodities; fluctuations in foreign currency exchange rates; volatility in price of our common shares; inherent risks associated with the mining industry, including problems related to weather and climate in remote areas in which certain of the Company's operations are located; failure to achieve production, cost and other estimates; risks and uncertainties associated with exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that mineral resources may never be converted into mineral reserves; the Company's ability to carry on current and future operations, including development and exploration activities at the Arakompa, Kora, Judd and other projects; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the availability and costs of achieving the Stage 3 Expansion or the Stage 4 Expansion; the ability of the Company to achieve the inputs the price and market for outputs, including gold, silver and copper; failures of information systems or information security threats; political, economic and other risks associated with the Company's foreign operations; geopolitical events and other uncertainties, such as the conflicts in Ukraine, Israel and Palestine; compliance with various laws and regulatory requirements to which the Company is subject to, including taxation; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions, including relationship with the communities in Papua New Guinea and other jurisdictions it operates; other assumptions and factors generally associated with the mining industry; and the risks, uncertainties and other factors referred to in the Company's Annual Information Form under the heading 'Risk Factors'. Estimates of mineral resources are also forward-looking statements because they constitute projections, based on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future and/or the anticipated economics of production. The estimation of mineral resources and mineral reserves is inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, Forward-looking statements are not a guarantee of future performance, and actual results and future events could materially differ from those anticipated in such statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause actual results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store