Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2024

Apple Hospitality REIT Announces Monthly Distribution and Special Distribution for 2024

RICHMOND, Va.–(BUSINESS WIRE)–
Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share and a special cash distribution of $0.05 per common share. The combined distribution of $0.13 per common share is payable on January 15, 2025, to shareholders of record as of December 31, 2024.

Based on the Company’s common stock closing price of $15.25 on December 18, 2024, the annualized regular monthly cash distribution of $0.96 per common share represents an annual yield of approximately 6.3%.

About Apple Hospitality REIT, Inc.

Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (“REIT”) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality’s portfolio consists of 222 hotels with approximately 29,900 guest rooms located in 86 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company’s hotel portfolio consists of 98 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-branded hotels. For more information, please visit www.applehospitalityreit.com.

Forward-Looking Statements Disclaimer

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are typically identified by use of statements that include phrases such as “may,” “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “target,” “goal,” “plan,” “should,” “will,” “predict,” “potential,” “outlook,” “strategy,” and similar expressions that convey the uncertainty of future events or outcomes. Such statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.

Such factors include, but are not limited to, the ability of the Company to effectively acquire and dispose of properties and redeploy proceeds; the anticipated timing and frequency of shareholder distributions; the ability of the Company to fund capital obligations; the ability of the Company to successfully integrate pending transactions and implement its operating strategy; changes in general political, economic and competitive conditions and specific market conditions (including the potential effects of inflation or a recessionary environment); reduced business and leisure travel due to geopolitical uncertainty, including terrorism and acts of war; travel-related health concerns, including widespread outbreaks of infectious or contagious diseases in the U.S.; inclement weather conditions, including natural disasters such as hurricanes, earthquakes and wildfires; government shutdowns, airline strikes or equipment failures or other disruptions; adverse changes in the real estate and real estate capital markets; financing risks; changes in interest rates; litigation risks; regulatory proceedings or inquiries; and changes in laws or regulations or interpretations of current laws and regulations that impact the Company’s business, assets or classification as a REIT. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore there can be no assurance that such statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the results or conditions described in such statements or the objectives and plans of the Company will be achieved. In addition, the Company’s qualification as a REIT involves the application of highly technical and complex provisions of the Internal Revenue Code of 1986, as amended. Readers should carefully review the risk factors described in the Company’s filings with the Securities and Exchange Commission, including but not limited to those discussed in the section titled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023. Any forward-looking statement that the Company makes speaks only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements or cautionary factors, as a result of new information, future events, or otherwise, except as required by law.

For additional information or to receive press releases by email, visit www.applehospitalityreit.com.

Apple Hospitality REIT, Inc.

Kelly Clarke, Vice President, Investor Relations

804‐727‐6321

[email protected]

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property Lodging Finance Travel Professional Services REIT Other Construction & Property

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New Contract Extends Norway’s Nødnett TETRA Radio Network into 2030s

New Contract Extends Norway’s Nødnett TETRA Radio Network into 2030s

Motorola Solutions will continue to operate and service the country’s nationwide TETRA network that provides first responders with trusted, reliable and secure voice communications

OSLO, Norway–(BUSINESS WIRE)–Motorola Solutions (NYSE:MSI) has been awarded a five-year contract by the Norwegian Directorate for Civil Protection (DSB), starting at the beginning of 2027, to continue to manage Norway’s nationwide critical communications network, Nødnett, which is relied upon by over 60,000 first responders every day. The new contract is valued at 1,78 billion NOK (approximately 160 million USD) and will run through 2031 with an option for a two-year extension.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241219784204/en/

Photo credit: Norwegian Directorate for Civil Protection (Photo: Business Wire)

Photo credit: Norwegian Directorate for Civil Protection (Photo: Business Wire)

“The agreement is vital for public safety and emergency preparedness in Norway. In an increasingly demanding environment, Nødnett is a critical tool for emergency services and other preparedness organizations,” said Director General Elisabeth Aarsæther at DSB.

Motorola Solutions has supported Nødnett since 2012 and will continue to deliver operational, lifecycle management and technology upgrade services under the new agreement, providing highly reliable and secure digital radio communications for Norway’s emergency services users, including police, fire and medical services. Nødnett is designed to cover 100% of the population, including the country’s mountainous terrain and hundreds of tunnels, and to interoperate with the TETRA networks in neighboring Sweden and Finland for vital cross-border collaboration between public safety organizations.

“The TETRA standard is designed for the specific requirements of public safety users, providing proven resilience and reliability that’s trusted by governments globally,” said Michael Kaae, senior vice president, Motorola Solutions. “We’re proud to continue supporting the Norwegian Directorate for Civil Protection in helping to protect Norway’s communities for years ahead.”

Norway is amongst many countries worldwide, including Denmark, Austria and Portugal, making significant investments in digital radio network technology, as supported by an Omdia report highlighting expectations for continued growth of the TETRA market. Motorola Solutions has deployed more than 1,000 TETRA systems worldwide, from nationwide to local networks.

About Motorola Solutions

Motorola Solutions is solving for safer. We build and connect technologies to help protect people, property and places. Our solutions enable the collaboration between public safety agencies and enterprises that’s critical for a proactive approach to safety and security. Learn more about how we’re solving for safer communities, safer schools, safer hospitals, safer businesses – safer everywhere – at www.motorolasolutions.com.

Media Contact

Elvan Lindberg

Motorola Solutions

Mobile: +46 (0) 707448893

[email protected]

KEYWORDS: Norway Europe

INDUSTRY KEYWORDS: Public Policy/Government Law Enforcement/Emergency Services Public Safety Security Technology Networks Hardware

MEDIA:

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Photo credit: Norwegian Directorate for Civil Protection (Photo: Business Wire)

TD SYNNEX Appoints Kristie Grinnell as Chief Information Officer

TD SYNNEX Appoints Kristie Grinnell as Chief Information Officer

FREMONT, Calif., & CLEARWATER, Fla.–(BUSINESS WIRE)–
TD SYNNEX (NYSE: SNX), a leading global distributor and solutions aggregator for the IT ecosystem, today announced the appointment of Kristie Grinnell as Executive Vice President and Chief Information Officer, effective January 20, 2025. She succeeds Bonnie Smith, who will be retiring from her role as TD SYNNEX CIO and will stay with the company until February 1 to ensure a smooth transition.

“Kristie brings a wealth of experience and a proven track record of transformational leadership that will strengthen how we harness the power of data and digital to deliver personalized, targeted customer engagement and operational excellence,” said Patrick Zammit, CEO, TD SYNNEX. “We thank Bonnie for her four years of service to TD SYNNEX and for serving as an important partner as Kristie comes onboard.”

Grinnell joins TD SYNNEX from DXC Technology, a global consulting, engineering, and technology company, where she served as Chief Information Officer. At DXC, she led an IT organization of over 1,500 employees, driving significant advancements in technology and business integration. Prior to DXC, Grinnell held the position of Global CIO, and Chief Supply Chain Officer at General Dynamics Information Technology, where she was responsible for IT, cybersecurity, supply chain services, and technology shared services.

“TD SYNNEX has an outstanding reputation for helping its partners and vendors capitalize on market opportunities and make IT personal for their customers,” Grinnell said. “I am thrilled to join the company and look forward to driving innovation and maximizing AI opportunities to enhance our customer engagement and operational excellence.”

An award-winning advocate for women in STEM, Grinnell has been actively involved in organizations such as Girls Who Code, STEMforHER, and Uniting Women in Cyber. She holds a Bachelor of Science degree in Mechanical Engineering from the University of Pittsburgh and an MBA from Cornell University. She will be based in the TD SYNNEX Clearwater office.

About TD SYNNEX

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We are an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com, follow our newsroom or follow us on LinkedIn, Facebook and Instagram.

Safe Harbor Statement

Statements in this news release that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 involve known and unknown risks and uncertainties which may cause the Company’s actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.

Copyright 2024 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.

Emily Moseley

Global Corporate Communications

727-538-5864

[email protected]

KEYWORDS: California Florida United States North America

INDUSTRY KEYWORDS: Technology IOT (Internet of Things) Professional Services Security Other Technology Data Analytics Software Artificial Intelligence Networks Mobile/Wireless Hardware

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Comcast to Host Fourth Quarter and Full Year 2024 Earnings Conference Call

Comcast to Host Fourth Quarter and Full Year 2024 Earnings Conference Call

PHILADELPHIA–(BUSINESS WIRE)–
Comcast Corporation will host a conference call with the financial community to discuss financial results for the fourth quarter and full year 2024 on Thursday, January 30, 2025, at 8:30 a.m. Eastern Time (ET). Comcast will issue a press release reporting its results earlier that morning.

The conference call will be broadcast live on Comcast’s Investor Relations website at www.cmcsa.com. A replay of the call will be available starting at 11:30 a.m. ET on Thursday, January 30, 2025, on the Investor Relations website.

To automatically receive Comcast financial news by email, please visit our Investor Relations website and subscribe to Email Alerts.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

Investor Contacts:

Marci Ryvicker (215) 286-4781

Jane Kearns (215) 286-4794

Marc Kaplan (215) 286-6527

Press Contacts:

Jennifer Khoury (215) 286-7408

John Demming (215) 286-8011

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: TV and Radio Carriers and Services Technology Entertainment Communications Telecommunications Networks Audio/Video Internet Media Mobile/Wireless

MEDIA:

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Pioneer Closed-End Funds Required Notice to Shareholders Sources of Distribution Under Section 19(a)

Pioneer Closed-End Funds Required Notice to Shareholders Sources of Distribution Under Section 19(a)

BOSTON–(BUSINESS WIRE)–
The following closed-end funds reported sources of distribution for December and this fiscal year to date.

Distribution Period: December 2024

Ticker

Taxable Funds

Distribution Amount Per Share

PHD

Pioneer Floating Rate Fund, Inc.

$0.0850

 

Ticker

Tax-Exempt Funds

Distribution Amount Per Share

MAV

Pioneer Municipal High Income Advantage Fund, Inc.

$0.0325

MHI

Pioneer Municipal High Income Fund, Inc.

$0.0350

MIO

Pioneer Municipal High Income Opportunities Fund, Inc.

$0.0500

The following tables set forth estimates of the character of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: Net Investment Income; Net Realized Short-Term Capital Gains; Net Realized Long-Term Capital Gains or Return of Capital. All amounts are expressed per common share.

Pioneer Floating Rate Fund, Inc. (NYSE: PHD)

 

 

Percentage

Total

Percentage Make up

 

 

Make up of

Cumulative

of Total Cumulative

 

Current

Current

Distributions

Distributions

 

Distribution

Distribution

Fiscal Year to Date

Fiscal Year to Date

Net Investment Income

$0.0766

90.1%

$0.0766

90.1%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Return of Capital

$0.0084

9.9%

$0.0084

9.9%

Total per Common Share

$0.0850

100.0%

$0.0850

100.0%

 

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE: MAV)

 

 

 

Percentage

Total

Percentage Make up

 

 

Make up of

Cumulative

of Total Cumulative

 

Current

Current

Distributions

Distributions

 

Distribution

Distribution

Fiscal Year to Date

Fiscal Year to Date

Net Investment Income

$0.0289

88.9%

$0.2487

85.0%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Return of Capital

$0.0036

11.1%

$0.0438

15.0%

Total per Common Share

$0.0325

100.0%

$0.2925

100.0%

Pioneer Municipal High Income Fund, Inc. (NYSE: MHI)

 

 

 

Percentage

Total

Percentage Make up

 

 

Make up of

Cumulative

of Total Cumulative

 

Current

Current

Distributions

Distributions

 

Distribution

Distribution

Fiscal Year to Date

Fiscal Year to Date

Net Investment Income

$0.0332

94.9%

$0.2476

88.4%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Return of Capital

$0.0018

5.1%

$0.0324

11.6%

Total per Common Share

$0.0350

100.0%

$0.2800

100.0%

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE: MIO)

 

 

 

 

 

 

 

Percentage

Total

Percentage Make up

 

 

Make up of

Cumulative

of Total Cumulative

 

Current

Current

Distributions

Distributions

 

Distribution

Distribution

Fiscal Year to Date

Fiscal Year to Date

Net Investment Income

$0.0421

84.2%

$0.3308

82.7%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Return of Capital

$0.0079

15.8%

$0.0692

17.3%

Total per Common Share

$0.0500

100.0%

$0.4000

100.0%

Notes:

Investors should not necessarily draw any conclusions about the funds’ investment performance from the amount of these distributions.

Each fund estimates that a portion of its distribution does not represent income or realized capital gains. Therefore, such portion of its distribution may be a return of capital. A return of capital may occur when some or all of the money invested in the fund is returned to the investor. A return of capital distribution does not necessarily reflect the fund’s investment performance and should not be considered “yield” or “income.”

The amounts and sources of distributions reported under the notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources for tax reporting purposes will depend upon each fund’s investment experience during the remainder of its respective fiscal year and may be subject to change based on tax regulations. Each fund will provide investors with a Form(s) 1099 for the calendar year that explains how to report these distributions for federal income tax purposes.

The funds are closed-end investment companies. The funds trade on the New York Stock Exchange (NYSE) under the following symbols: PHD, MAV, MHI and MIO.

Keep in mind, distribution rates are not guaranteed. A fund’s distribution rate may be affected by numerous factors, including changes in actual or projected investment income, the level of undistributed net investment income, if any, and other factors. Closed-end funds, unlike open-end funds, are not continuously offered. Once issued, common shares of closed-end funds are bought and sold in the open market through a stock exchange and frequently trade at prices lower than their net asset value. Net Asset Value (NAV) is total assets less total liabilities divided by the number of common shares outstanding. For performance data on Amundi US’s closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.

About Amundi US

Amundi US is the US business of Amundi, Europe’s largest asset manager by assets under management and ranked among the ten largest globally1. Boston is one of Amundi’s six main global investment hubs2 and offers a broad range of fixed-income, equity, and multi-asset investment solutions in close partnership with wealth management firms, distribution platforms, and institutional investors across the Americas, Europe, and Asia-Pacific.

With our financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 5,5003 team members and market professionals in 35 countries3. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $2.445 trillion of assets3.

Amundi, a Trusted Partner, working every day in the interest of our clients and society.

www.amundi.com/us

Follow us on linkedin.com/company/amundi-us/ and twitter.com/amundi_us.

1 Source: IPE “Top 500 Asset Managers” published in June 2024, based on assets under management as of December 31, 2023.
2 Boston, Dublin, London, Milan, Paris, and Tokyo
3 Amundi data as of 9/30/2024

Amundi Distributor US, Inc., Member SIPC

60 State Street, Boston, MA 02109

©2024 Amundi Asset Management US, Inc.

Shareholder Inquiries: Please contact your financial advisor or visit www.amundi.com/us.

Broker/Advisor Inquiries Please Contact: 800-622-9876

Media Inquiries Please Contact: Geoff Smith, 617-504-8520

KEYWORDS: Massachusetts Europe United States North America Asia Pacific

INDUSTRY KEYWORDS: Banking Asset Management Professional Services Finance

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VCI Global Embarks on a Strategic Series of Renewable Energy Asset Acquisitions, Starting with a North Macedonia Solar Farm

KUALA LUMPUR, Malaysia, Dec. 19, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), has signed a term sheet to acquire a solar farm with an estimated capacity of 1.14 megawatts (MW), located in Novo Selo, North Macedonia. The acquisition is valued at approximately US$1.26 million (or approximately €1.2 million) and is subject to due diligence and the signing of a definitive agreement.

The bifacial solar farm, equipped with Huawei Technology inverters, achieves a high system performance ratio of over 90%, meaning it operates at more than 90% of its theoretical maximum output despite external factors. These inverters efficiently convert the direct current (DC) electricity generated by the solar panels into alternating current (AC) electricity, which is suitable for distribution through the national grid. The solar farm is connected to the national grid under a Power Purchase Agreement (PPA) with Mega Concept LLC Skopje, ensuring stable revenue streams based on HUPX pricing. In addition to income from energy sales, the project generates significant additional revenue through carbon credits, further boosting its profitability. With a projected payback period of approximately 9 years, the solar farm is expected to deliver strong financial returns throughout its 30-year operational lifespan.

Despite historically relying on lignite coal mining for approximately 30% of its electricity production and gas imports for an additional 15%, North Macedonia has set ambitious decarbonization goals. According to its National Energy and Climate Plan (NECP), the country aims to achieve a 38% share of renewables in final energy consumption by 2030 and 42% by 2040. By the end of 2023, North Macedonia had deployed 535 MW of solar capacity, a significant increase from 190 MW at the end of 2022, according to the International Renewable Energy Agency (IRENA).

This remarkable growth in the solar industry has been driven by abundant sunlight, progressive government policies to reduce coal dependency, and the country’s strategic position as a gateway between Southeast Europe and the European Union. VCI Global views this acquisition as a pivotal step toward entering the European renewable energy market.

VCI Global has engaged the consulting firm OTB Solutions Dooel Skopje in North Macedonia to identify and secure additional solar farm opportunities.

“This is the beginning of a series of solar farm acquisitions that VCIG will undertake and looking ahead for more acquisition opportunities across Southeast Asia and Europe. By targeting solar farms with strong grid connections and government support, we are building a sustainable asset portfolio,” said Dato’ Victor Hoo, Group Executive Chairman and CEO of VCI Global.

About VCI Global Limited

VCI Global is a diversified holding company headquartered in Kuala Lumpur, Malaysia. The Company operates through five core businesses: Capital Market Consultancy, Fintech, Real Estate, AI & Robotics, and Cybersecurity. In Capital Market Consultancy, we provide IPO solutions, investor relations (IR) and public relations (PR) consultancy, and M&A consultancy. Our Fintech arm offers a proprietary financing platform. In Real Estate, we offer specialized real estate consultancy services. The AI business delivers GPU servers, GPU cloud computing services, AI and large language model (LLM) solutions, while the Robotics segment focuses on post-harvest robotics systems. Our Cybersecurity segment provides comprehensive cybersecurity consultancy services and solutions. Committed to fostering innovation and delivering exceptional value, VCI Global has established a strong presence across the Asia-Pacific region, the United States, Europe, and the Middle East, driving growth and transformation on a global scale.

For more information on the Company, please log on to https://v-capital.co/

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

CONTACT INFORMATION:

For media queries, please contact:

Landon Capital
[email protected]



MAIA Biotechnology Announces Director Participation in Recent Private Placement Closings

MAIA Biotechnology Announces Director Participation in Recent Private Placement Closings

CHICAGO–(BUSINESS WIRE)–MAIA Biotechnology, Inc., (NYSE American: MAIA) (“MAIA”, the “Company”), a clinical-stage biopharmaceutical company developing targeted immunotherapies for cancer, today announced that two of the Company’s independent directors, Ramiro Guerrero, JD, LL.M. and Stan V. Smith, Ph.D., purchased MAIA’s common stock and warrants in each of the Company’s recent private placement closings which occurred on November 1, 2024, and December 13, 2024. Total gross proceeds to MAIA from the closings were $3.4 million.

Mr. Guerrero purchased a total of 141,952 shares and 141,952 warrants for an aggregate purchase price of approximately $300,000. Dr. Smith purchased a total of 125,000 shares and 125,000 warrants for an aggregate purchase price of approximately $273,000.

“As always, we much appreciate the continuing support by our directors and their commitment to our scientific innovation and successful clinical progress,” said Vlad Vitoc, M.D., CEO of MAIA.

“I believe MAIA is well positioned to create a great deal of value for its shareholders over time,” said Mr. Guerrero, director and long-term investor. “My increasing investment reflects my confidence in MAIA’s clinical strategy and THIO’s transformative potential for multiple hard-to-treat cancer indications.”

Mr. Guerrero is the founder and CEO of IMPERIO, Inc., a Chicago-based real estate investment and brokerage organization. In addition to his 20+ years in real estate, Mr. Guerrero is a venture capitalist aiding entrepreneurs and small businesses in business startups. Mr. Guerrero made individual purchases in MAIA’s earlier private placement transactions.

Dr. Smith is one of MAIA’s original investors and has participated in nearly every private placement financing round since the Company’s inception. In recent remarks, he shared his belief in the extraordinary market potential for MAIA’s THIO franchise.

Additional details on the private placement can be found in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 10, 2024, at www.sec.gov.

About THIO

THIO (6-thio-dG or 6-thio-2’-deoxyguanosine) is a first-in-class investigational telomere-targeting agent currently in clinical development to evaluate its activity in Non-Small Cell Lung Cancer (NSCLC). Telomeres, along with the enzyme telomerase, play a fundamental role in the survival of cancer cells and their resistance to current therapies. The modified nucleotide 6-thio-2’-deoxyguanosine (THIO) induces telomerase-dependent telomeric DNA modification, DNA damage responses, and selective cancer cell death. THIO-damaged telomeric fragments accumulate in cytosolic micronuclei and activates both innate (cGAS/STING) and adaptive (T-cell) immune responses. The sequential treatment with THIO followed by PD-(L)1 inhibitors resulted in profound and persistent tumor regression in advanced, in vivo cancer models by induction of cancer type–specific immune memory. THIO is presently developed as a second or later line of treatment for NSCLC for patients that have progressed beyond the standard-of-care regimen of existing checkpoint inhibitors.

About MAIA Biotechnology, Inc.

MAIA is a targeted therapy, immuno-oncology company focused on the development and commercialization of potential first-in-class drugs with novel mechanisms of action that are intended to meaningfully improve and extend the lives of people with cancer. Our lead program is THIO, a potential first-in-class cancer telomere targeting agent in clinical development for the treatment of NSCLC patients with telomerase-positive cancer cells. For more information, please visit www.maiabiotech.com.

Forward Looking Statements

MAIA cautions that all statements, other than statements of historical facts contained in this press release, are forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause our or our industry’s actual results, levels or activity, performance or achievements to be materially different from those anticipated by such statements. The use of words such as “may,” “might,” “will,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “future,” “potential,” or “continue,” and other similar expressions are intended to identify forward looking statements. However, the absence of these words does not mean that statements are not forward-looking. For example, all statements we make regarding (i) the initiation, timing, cost, progress and results of our preclinical and clinical studies and our research and development programs, (ii) our ability to advance product candidates into, and successfully complete, clinical studies, (iii) the timing or likelihood of regulatory filings and approvals, (iv) our ability to develop, manufacture and commercialize our product candidates and to improve the manufacturing process, (v) the rate and degree of market acceptance of our product candidates, (vi) the size and growth potential of the markets for our product candidates and our ability to serve those markets, and (vii) our expectations regarding our ability to obtain and maintain intellectual property protection for our product candidates, are forward looking. All forward-looking statements are based on current estimates, assumptions and expectations by our management that, although we believe to be reasonable, are inherently uncertain. Any forward-looking statement expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and are subject to risks and uncertainties and other factors beyond our control that may cause actual results to differ materially from those expressed in any forward-looking statement. Any forward-looking statement speaks only as of the date on which it was made. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. In this release, unless the context requires otherwise, “MAIA,” “Company,” “we,” “our,” and “us” refers to MAIA Biotechnology, Inc. and its subsidiaries.

Investor Relations Contact

+1 (872) 270-3518

[email protected]

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Health Oncology

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Schwab Announces Its Winter Business Update

Schwab Announces Its Winter Business Update

WESTLAKE, Texas–(BUSINESS WIRE)–
The Charles Schwab Corporation announced today that it has scheduled a Winter Business Update for institutional investors on Tuesday, January 21st. This Update, which will be held via live public webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from 7:30 a.m. – 8:30 a.m. CT, 8:30 a.m. – 9:30 a.m. ET. Participants will include Chief Executive Officer Rick Wurster and Chief Financial Officer Mike Verdeschi.

The Update will be accessible at https://schwabevents.com/corporation.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 36.2 million active brokerage accounts, 5.4 million workplace plan participant accounts, 2.0 million banking accounts, and $10.31 trillion in client assets as of November 30, 2024. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, https://www.sipc.org), and its affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at https://www.aboutschwab.com.

MEDIA:

Mayura Hooper

Charles Schwab

Phone: 415-667-1525

INVESTORS/ANALYSTS:

Jeff Edwards

Charles Schwab

Phone: 817-854-6177

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Finance Public Relations/Investor Relations Banking Communications Professional Services

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EzFill Holdings, Inc. Finalizes Letter of Understanding for Purchase of 78 Trucks from Shell

EzFill to Utilize New Trucks to Begin Servicing Fleet of Large Retailer and Other Customers in Texas and Arizona

MIAMI, Dec. 19, 2024 (GLOBE NEWSWIRE) — EzFill Holdings, Inc. (NASDAQ: EZFL), a leading mobile fueling company, is pleased to announce the execution of a term sheet with Shell Retail and Convenience Operations LLC (“Shell”), a wholly owned subsidiary of Shell Oil Products US. This agreement facilitates the acquisition of 78 trucks from Shell’s fleet and enables EzFill to immediately begin delivering fuel in the markets of Phoenix, San Antonio, Austin, Dallas, and Houston.

Under the terms of the agreement, EzFill will acquire 78 trucks.

“Today’s announcement marks a transformative milestone for EzFill,” said Yehuda Levy, CEO of EzFill. “More than doubling our fleet immediately enhances our operational capacity and fuel delivery capabilities, additionally EzFill will now service customers in five new markets. This agreement positions us to scale efficiently, reduce costs, and continue delivering exceptional service to our customers nationwide. We jumped at the opportunity to purchase these trucks to enable EzFill to service the fleet of a large retailer and other customers in these markets.”

The addition of these trucks will increase EzFill’s fleet to 144 and expand its geographic reach in key markets including Miami, Orlando, Jacksonville, Tampa, Los Angeles, San Francisco, Detroit, Nashville, Austin, Dallas, Houston, San Antonio, and Phoenix.

This agreement follows EzFill’s recent national expansion efforts, including the acquisition of Yoshi Mobility’s fuel division.

About EzFill Holdings, Inc.

EzFill is a Miami-based on-demand mobile fueling service that provides fuel delivery directly to consumers and businesses, eliminating the need for traditional gas stations. As one of the largest mobile fuel delivery platforms in the United States, EzFill focuses on convenience, safety, and efficiency for its users. Visit us at ezfl.com.

Forward-Looking Statements

This press release contains “forward-looking statements” Forward-looking statements reflect our current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements, include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, our ability to raise capital to fund continuing operations; our ability to protect our intellectual property rights; the impact of any infringement actions or other litigation brought against us; competition from other providers and products; our ability to develop and commercialize products and services; changes in government regulation; our ability to complete capital raising transactions; and other factors relating to our industry, our operations and results of operations. Actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. The Company assumes no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release except as may be required under applicable securities law.

Investor Contact

PCG Advisory
Jeff Ramson
[email protected]



Pennsylvania American Water Proudly Recognizes American Water Charitable Foundation 2024 Workforce Readiness Grantees

Pennsylvania American Water Proudly Recognizes American Water Charitable Foundation 2024 Workforce Readiness Grantees

Recipients include three nonprofit organizations across the Commonwealth, receiving $75K in total funding

MECHANICSBURG, Pa.–(BUSINESS WIRE)–
The American Water Charitable Foundation, a 501(c)(3) organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., and Pennsylvania American Water recently announced that three nonprofit educational institutions were each awarded a $25,000 Workforce Readiness Grant.

“We are grateful to the American Water Charitable Foundation for their generous workforce development grant,” said Regina Hiler, executive director of Butler County Area Vocational-Technical School, one of the organizations awarded a grant. “This funding will enhance our training and education efforts, equipping our students with essential skills for their futures. We look forward to the positive impact this grant will have on our community and students.”

Below is a list of the 2024 grantees throughout Pennsylvania, along with a brief description of how the $25,000 in funding will be used:

“The importance of developing a skilled workforce cannot be understated,” said Pennsylvania American Water President Justin Ladner, who also serves on the American Water Charitable Foundation board of trustees. “At Pennsylvania American Water, about 22% of our workforce is already eligible to retire, and that number increases to around 36% when we look five years out. We know other companies in the communities we serve may have similar challenges to face in the coming years. For that reason, the American Water Charitable Foundation and Pennsylvania American Water are glad to proactively address financial support of schools that are educating our next generation of leaders.”

The Workforce Readiness grant is part of the American Water Charitable Foundation’s Keep Communities Flowing Grant Program, focusing on three pillars of giving: Water, People and Communities. This opportunity focuses on general career readiness, financial and business literacy, positive youth development and life skills training.

“The American Water Charitable Foundation is delighted to partner with eligible nonprofit organizations across Pennsylvania,” said American Water Charitable Foundation President Carrie Williams. “We are proud to support initiatives that provide access to high-quality training and skills development for future leaders in the workplace.”

Learn more about the American Water Charitable Foundation here, and review Pennsylvania American Water’s 2023 Community Impact Report summarizing the company’s outreach efforts.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Pennsylvania American Water

Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest regulated water utility in the state, providing high-quality and reliable water and wastewater services to approximately 2.3 million people.

About American Water Charitable Foundation

The American Water Charitable Foundation is a 501(c)(3) nonprofit organization that provides a formal way to demonstrate the company’s ongoing commitment to be a good neighbor, citizen, and contributor to the communities where American Water and its employees live, work and operate. For more information, visit amwater.com/awcf.

Media Contact:

David Misner

Senior Manager, External Communications

717-262-7525

[email protected]

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: Other Energy Utilities Philanthropy Other Natural Resources Energy Continuing University Other Philanthropy Natural Resources Education

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