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Biote Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to Warrants

Biote Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to Warrants

IRVING, Texas–(BUSINESS WIRE)–
Biote (NASDAQ: BTMD) (the “Company,” “we” or “us”), a leading solutions provider in preventive healthcare through the delivery of personalized hormone therapy, today announced the expiration and results of its previously announced (i) offer to each holder of its outstanding warrants, each whole warrant exercisable for one share of Class A Common Stock, par value $0.0001 per share (“Common Stock”), of the Company, at an exercise price of $11.50 per share (the “Warrants”), the opportunity to receive 0.23 shares of Common Stock in exchange for each Warrant tendered by the holder and exchanged pursuant to the offer (the “Offer”), and (ii) solicitation of consents (the “Consent Solicitation”) from holders of the Warrants to amend the Warrant Agreement, dated as of March 1, 2021 (the “Warrant Agreement”), by and between Haymaker Acquisition Corp. III, a Delaware corporation, and Continental Stock Transfer & Trust Company, a New York corporation, as warrant agent, which governs all of the Warrants (the “Warrant Amendment”). The Offer and Consent Solicitation expired one minute after 11:59 p.m., Eastern Standard Time, on June 7, 2023.

The Company has been advised that (i) 8,191,336 publicly traded Warrants (the “Public Warrants”) (including 39,429 Public Warrants tendered through guaranteed delivery), or approximately 97.5% of the outstanding Public Warrants and (ii) 4,464,900 privately held Warrants (the “Private Placement Warrants”) (including 51,070 Private Placement Warrants tendered through guaranteed delivery), or approximately 87.4% of the outstanding Private Placement Warrants, were validly tendered and not validly withdrawn prior to the expiration of the Offer and Consent Solicitation. The Company expects to accept all validly tendered Warrants for exchange and settlement on or before June 9, 2023.

In addition, pursuant to the Consent Solicitation, the Company received the approval of the Warrant Amendment from approximately (i) 97.5% of the outstanding Public Warrants and (ii) 87.4% of the outstanding Private Placement Warrants, each of which exceed the 50% consent required to effect the Warrant Amendment, including with regard to the terms of the Private Placement Warrants. Accordingly, the Company and Continental Stock Transfer & Trust Company entered into the Warrant Amendment, dated June 8, 2023, and the Company announced that it will exercise its right to exchange all remaining outstanding Warrants for shares of Common Stock in accordance with the terms of the Warrant Amendment.

The Company also announced that its Registration Statement on Form S-4 filed with the U.S. Securities and Exchange Commission (the “SEC”) registering shares of Common Stock issuable in the Offer was declared effective by the SEC on June 7, 2023.

Roth Capital Partners is acting as financial advisor to the Company in connection with the Offer and Consent Solicitation.

No Offer or Solicitation

This press release shall not constitute an offer to exchange or the solicitation of an offer to exchange or the solicitation of an offer to purchase any securities, nor shall there be any exchange or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A Registration Statement on Form S-4 filed with the SEC registering shares of Common Stock issuable in the Offer was declared effective by the SEC on June 7, 2023.

About Biote

Biote is transforming healthy aging through innovative, personalized hormone optimization therapies delivered by Biote-certified medical providers. Biote trains practitioners how to identify and treat early indicators of hormone-related aging conditions, an underserved $7 billion global market, providing affordable symptom relief for patients and driving clinic success for practitioners.

Cautionary Statement Regarding Forward Looking Statements

This press release contains certain 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. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words “may,” “can,” “should,” “will,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “hope,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “might,” “ongoing,” “potential,” “predict,” “would” and other similar expressions, are intended to identify forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual results or developments to differ materially from those expressed or implied by such forward-looking statements, including but not limited to: the success of our dietary supplements to attain significant market acceptance among clinics, practitioners and their patients; our customers’ reliance on certain third parties to support the manufacturing of bio-identical hormones for prescribers; our and our customers’ sensitivity to regulatory, economic, environmental and competitive conditions in certain geographic regions; our ability to increase the use by practitioners and clinics of the Biote Method at the rate that we anticipate or at all; our ability to grow our business; the significant competition we face in our industry; our limited operating history; our ability to protect our intellectual property; the heavy regulatory oversight in our industry; changes in applicable laws or regulations; the inability to profitably expand in existing markets and into new markets; the possibility that we may be adversely impacted by other economic, business and/or competitive factors; and future exchange and interest rates. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Biote’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 filed with the SEC on May 12, 2023, and other documents filed by Biote from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Biote assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Biote does not give any assurance that it will achieve its expectations.

Investor Relations:

Eric Prouty

AdvisIRy Partners

[email protected]

Media:

[email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Alternative Medicine Health Fitness & Nutrition Cosmetics Retail Other Health

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MISTRAS Group to Participate in Sidoti Small-Cap Virtual Conference on June 14-15, 2023

Management Presentation to be Webcast Live at 1:45 PM ET on June 14, 2023

PRINCETON JUNCTION, N.J., June 08, 2023 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” multinational provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will be presenting at the Sidoti Small-Cap Virtual Conference, being held from June 14-15, 2023.

The presentation will begin at 1:45 PM ET on June 14. To register to attend and access the presentation, please visit https://sidoti.zoom.us/webinar/register/WN_E8FKMUf2R6KHyr4Sq2NKWQ#/registration. Management will also be available for one-on-one meetings throughout the conference.

To register for a one-on-one meeting, please visit www.sidoti.com/events. Registration is free and you do not need to be a Sidoti client.

About MISTRAS Group, Inc. – One Source for Asset Protection Solutions®

MISTRAS Group, Inc. (NYSE: MG) is a leading “one source” multinational provider of integrated technology-enabled asset protection solutions, helping to maximize the safety and operational uptime for civilization’s most critical industrial and civil assets.

Backed by an innovative, data-driven asset protection portfolio, proprietary technologies, strong commitment to Environmental, Social, and Governance (ESG) initiatives, and a decades-long legacy of industry leadership, MISTRAS leads clients in the oil and gas, aerospace and defense, renewable and nonrenewable power, civil infrastructure, and manufacturing industries towards achieving operational and environmental excellence. By supporting these organizations that help fuel our vehicles and power our society, inspecting components that are trusted for commercial, defense, and space craft; building real-time monitoring equipment to enable safe travel across bridges; and helping to propel sustainability, MISTRAS helps the world at large.

MISTRAS enhances value for its clients by integrating asset protection throughout supply chains and centralizing integrity data through a suite of Industrial IoT-connected digital software and monitoring solutions. The company’s core capabilities also include non-destructive testing field and in-line inspections enhanced by advanced robotics, laboratory quality control and assurance testing, sensing technologies and NDT equipment, asset and mechanical integrity engineering services, and light mechanical maintenance and access services.

For more information about how MISTRAS helps protect civilization’s critical infrastructure and the environment, visit https://www.mistrasgroup.com/.

Forward-Looking and Cautionary Statements

Certain statements made in this press release are “forward-looking statements” about MISTRAS’ financial results and estimates, products and services, business model, strategy, growth opportunities, profitability and competitive position, and other matters. These forward-looking statements generally use words such as “future,” “possible,” “potential,” “targeted,” “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “predict,” “project,” “will,” “may,” “should,” “could,” “would” and other similar words and phrases. Such statements are not guarantees of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved, if at all. These statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. A list, description and discussion of these and other risks and uncertainties can be found in the “Risk Factors” section of the Company’s 2022 Annual Report on Form 10-K dated March 15, 2023, as updated by our reports on Form 10-Q and Form 8-K. The forward-looking statements are made as of the date hereof, and MISTRAS undertakes no obligation to update such statements as a result of new information, future events or otherwise.

Contact:

Nestor S. Makarigakis
Group Vice President, Marketing and Communications
MISTRAS Group, Inc.
[email protected]
+1 (609) 716-4000



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Bonaccord Capital Partners Enters Strategic Partnership with Asia Heritage to Further Strategic Development Efforts; Announces Chris Lerner as Operating Partner

NEW YORK, June 08, 2023 (GLOBE NEWSWIRE) — Bonaccord Capital Partners, a private equity business focused on acquiring non-control equity interests in middle-market private markets sponsors, is pleased to announce it has entered into a strategic agreement with Asia Heritage, a Singapore based asset manager, and, in conjunction with the agreement, appointed Chris Lerner as Operating Partner to lead Bonaccord’s activities in Asia. The Bonaccord Asia Heritage partnership will provide support to Bonaccord’s portfolio companies in crafting and executing capital formation initiatives in Asia – a critical growth market for private markets allocations. Mr. Lerner is the Chairman of Asia Heritage’s parent company, Verse Holdings, which also owns Thrive Alternatives and Asense Technologies, a GP advisory and Vertical SaaS company, respectively, and has a singular focus across all its businesses on serving private market fund managers. Previously, Chris was a Managing Partner at MSA Capital and a global Partner and Head of Asia for Eaton Partners. He began his career in corporate finance with Citigroup. Mr. Lerner received an MBA from Columbia Business School and a BA from Tufts University.

“We are excited to build upon our established relationship with Chris and the Asia Heritage team to support our portfolio companies’ strategic objectives in Asia. Chris brings a wealth of knowledge and relationships to Bonaccord. This partnership provides a transformative value proposition for our portfolio companies, supplementing our resources in North America, Europe, and the Middle East to support our portfolio companies’ institutional priorities,” said Ajay Chitkara, Managing Partner at Bonaccord Capital Partners.

“Bonaccord has established itself as a leader in investing in exceptional mid-market private markets sponsors. I’m proud to have the opportunity to partner with Bonaccord to help them continue to grow their business and support their portfolio companies in Asia. We share a common focus and set of core values which we believe will prove highly accretive to Bonaccord’s portfolio companies as they grow into enduring institutions,” added Chris Lerner.

Asia Heritage and its dedicated team in Singapore will be a partner and representative of Bonaccord in Asia with the goal of providing strategic support to Bonaccord and its global portfolio companies.

About Bonaccord Capital Partners

Bonaccord Capital Partners (“BCP”) is a private equity firm focused on acquiring non-control equity interests in middle-market private markets sponsors spanning private equity, private credit, and real estate and real assets. By leveraging its strategic relationships, institutional capabilities, and strategic development expertise, BCP seeks to support transformative initiatives that help its portfolio companies reach their potential and establish enduring institutions. BCP aims to deliver its investors compelling investment returns while supporting broader portfolio objectives through partnerships with its portfolio companies. Bonaccord Capital Partners is a part of P10, Inc. (NYSE: PX), a leading multi-asset class private markets solutions provider in the alternative asset management industry. For more information, please visit www.bonaccordcapital.com

Contact:

Investor Relations
Sophia Kolodzinski
[email protected]
[email protected]



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The St. Joe Company Announces the Opening of Its Fourth New Hotel This Year, the 124-Room Hotel Indigo in Downtown Panama City

The St. Joe Company Announces the Opening of Its Fourth New Hotel This Year, the 124-Room Hotel Indigo in Downtown Panama City

PANAMA CITY, Fla.–(BUSINESS WIRE)–
The St. Joe Company (NYSE: JOE) (“St. Joe”), and IHG Hotels & Resorts [LON: IHG, NYSE: IHG (ADRs)] announce the opening of the 124-room Hotel Indigo Downtown Panama City Marina. The five-story hotel is located in the historic waterfront district of downtown Panama City, Florida. The hotel offers sweeping views of St. Andrews Bay and a walkable location convenient to the many locally owned restaurants, bars and businesses that make up the unique and historic downtown.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230608005788/en/

The newly constructed Hotel Indigo Downtown Panama City Marina is now open and welcoming guests. The hotel overlooks St. Andrews Bay in Panama City, Florida. (Photo: Business Wire)

The newly constructed Hotel Indigo Downtown Panama City Marina is now open and welcoming guests. The hotel overlooks St. Andrews Bay in Panama City, Florida. (Photo: Business Wire)

Hotel Indigo properties are designed to be as individual as their surroundings and reflect the local culture of their communities. Each hotel is part of the pulse and rhythm of a place, drawing on the unique story of its local area to inspire every aspect of the hotel, from intriguing design to distinctive local ingredients on menus. At Hotel Indigo Downtown Panama City Marina guests will enjoy two on-site restaurants: Tarpon’s, offering a delicious Southern twist on coastal fare for breakfast, lunch, and dinner with indoor and outdoor seating providing water views; while the open-air fifth-floor dining venue, Steam on 5, serves fresh local seafood alongside thoughtfully curated craft cocktails with breathtaking views of St. Andrews Bay.

Guests of the hotel can enjoy the conveniences of high-speed internet, complimentary parking, a private pool, an outdoor fire pit, a 24-hour fitness center and an onsite retail shop. The hotel is pet-friendly and able to host meetings and special events in a spacious banquet room or outside on the event lawn.

“We are excited to be a part of the downtown Panama City community,” said Jean Capps, General Manager of the Hotel Indigo Downtown Panama City Marina. “We have an amazing venue to showcase to our guests, and we can’t wait to welcome both visitors and locals to enjoy an experience with us that’s both upscale and authentic to the distinct fabric of downtown Panama City.”

This is the fourth of five new hotel openings planned in the first half of 2023. St. Joe’s hotel portfolio now consists of 1,102 operational hotel rooms. Two additional hotels are currently under construction, with Camp Creek Inn planned to open later in June of this year and the other, Residence Inn by Marriott Panama City Beach planned to open in 2024. These hotels will bring St. Joe’s total portfolio to 1,298 rooms once complete.

Hotel Indigo Downtown Panama City Marina is located at 7 Harrison Ave., Panama City, Florida. Visit www.hotelindigo.com/panamacityfl for reservations.

Important Notice Regarding Forward-Looking Statements

This press release contains “forward-looking statements,” within the meaning of Section 21E of the Exchange Act, including statements regarding the anticipated opening of 2 new hotels. These forward-looking statements are qualified in their entirety by cautionary statements and risk factors set forth in St. Joe’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2022 and subsequent current report filings as well as the following: (1) the ability of St. Joe to successfully complete the development of the 2 new hotels and (2) the interest of prospective guests in each of the 2 new hotels.

About The St. Joe Company

The St. Joe Company is a real estate development, asset management and operating company with real estate assets and operations in Northwest Florida. The Company intends to use existing assets for residential, hospitality and commercial ventures. St. Joe has significant residential and commercial land-use entitlements. The Company actively seeks higher and better uses for its real estate assets through a range of development activities. More information about the Company can be found on its website at www.joe.com. On a regular basis, the Company releases a video showing progress on projects in development or under construction. See https://www.joe.com/video-gallery for more information.

About Hotel Indigo

Just as no places are alike, no two Hotel Indigo properties are alike. Each Hotel Indigo draws inspiration from the local neighborhood, culture and popular trends in food, drink and design to create a warm and vibrant atmosphere. Our hotels provide a gateway to discover and explore some of the world’s most inspiring cities and neighborhoods. For more information, visit www.hotelindigo.com, and connect with us on Facebook www.facebook.com/Hotel.Indigo, Twitter www.twitter.com/hotelindigo, and Instagram www.instagram.com/hotelindigo.

About IHG Hotels & Resorts

IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.

With a family of 18 hotel brands and IHG One Rewards, one of the world’s largest hotel loyalty programs, IHG has over 6,000 open hotels in over 100 countries, and more than 1,900 in the development pipeline.

InterContinental Hotels Group PLC is the Group’s holding company and is incorporated and registered in England and Wales. Approximately 345,000 people work across IHG’s hotels and corporate offices globally.

Visit us online for more about our hotels and reservations and IHG One Rewards. To download the new IHG One Rewards app, visit the Apple App or Google Play stores.

For our latest news, visit our Newsroom and follow us on LinkedIn, Facebook and Twitter.

©2023 The St Joe Company. “St. Joe®”, “JOE®”, the “Taking Flight” Design®, “St. Joe (and Taking Flight Design,) ®”and “Pier Park ®” are registered service marks of The St. Joe Company or its affiliates.

St. Joe Investor Relations Contact:

Marek Bakun

Chief Financial Officer

1-866-417-7132

[email protected]

St. Joe Media Relations Contact:

David Demarest

Director of PR & Communications

1-850-213-5137

[email protected]

IHG Media Relations Contact:

Haley Olver

Senior Manager, Global Mainstream & Upscale PR

1-770-366-8590

[email protected]

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Architecture Luxury Vacation Lodging Commercial Building & Real Estate Destinations Construction & Property Travel Retail Tourist Attractions Landscape Interior Design

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The newly constructed Hotel Indigo Downtown Panama City Marina is now open and welcoming guests. The hotel overlooks St. Andrews Bay in Panama City, Florida. (Photo: Business Wire)
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The newly constructed Hotel Indigo Downtown Panama City Marina is now open and welcoming guests. The hotel overlooks St. Andrews Bay in Panama City, Florida. (Photo: Business Wire)
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Citi Global Wealth Investments Issues Mid-Year Wealth Outlook 2023 – Opportunities on the Horizon: Investing Through a Slowing Economy

Citi Global Wealth Investments Issues Mid-Year Wealth Outlook 2023 – Opportunities on the Horizon: Investing Through a Slowing Economy

NEW YORK–(BUSINESS WIRE)–
Citi Global Wealth Investments today released its Mid-Year Wealth Outlook 2023 report – Opportunities on the Horizon: Investing Through a Slowing Economy. This biannual report sets out Citi Global Wealth’s outlook on how investors should approach developments in the global economy, markets and geopolitics.

Though 2023 has been full of extraordinary events, Citi Global Wealth sees the remainder of the year as an opportunity. We are in a “rolling recession” where parts of the US economy are growing even as others contract. As inflation slowly eases following a period of rapid Fed rate hikes, the group believes that keeping portfolios invested is imperative. While the current asset allocation strategy remains defensive, Citi Global Wealth see numerous opportunities to adjust their portfolios over time, as the Fed shifts from interest rate hikes to cuts.

We believe that current markets will lead into a meaningful potential recovery in 2024.

“Though the broader bear market is not yet over, we are seeing significant valuation improvements in certain sectors that provide our clients with the potential to invest in higher income-generating assets and long-term growth opportunities,” said David Bailin, Chief Investment Officer at Citi Global Wealth. “Our wealth outlook for the remainder of 2023 and heading into 2024 suggests that clients may benefit most from a return to what we call ‘core investing’ – full invested portfolios that move from defense to offense, from more bonds to more equities, from US-focused to global. We favor investing in select non-U.S. equities, identifying value within U.S. markets, broadening tech and growth equity exposures and emphasizing alternative investing and private credit for suitable investors with a longer time horizon.”

Bonds are Back Again: Sustaining Income as Rates Peak

Citi Global Wealth believes that it is time for action in the fixed income space. Investors holding short term investments can seek to extend their income by extending duration. There are also many potential opportunities to diversify bond portfolios, add to duration, diversity risk and earn potentially higher yields. And private credit can add significant yield as banks retrench. Best of all, bonds will now provide the diversification benefits they lost temporarily in 2022.

Diversity Currency Exposure

The U.S. dollar (USD) rose for a decade through 2022 and saw a boost from excessive Fed tightening and energy shocks related to the war in Ukraine. The rise in the USD sharply inflated US home-biased portfolios verses portfolios holding other currencies. US equities rose to 63% of the global market cap in 2022.

As the ECB and other central banks hold rates steady in 2024 while the Fed eases, there can be opportunities for clients to diversify into non-USD assets, seeking to improve investor returns in the decade ahead.

“The strong U.S. dollar means we can buy non-U.S. assets at deeply deflated prices,” said Steven Wieting, Chief Economist and Chief Investment Strategist at Citi Global Wealth. “While we expect periodic US dollar rallies, we ultimately will see a weakening dollar, making currency exposure more critical. In addition to currency exposure, we are favoring quality, such as long-duration bonds to offset a potential credit spread widening and defensive equities with an emphasis on dividend growers and companies with strong balance sheets. As we prepare portfolios for the Fed pivot at the end of 2023, we look for industry-leading growth shares to bottom before cyclicals.”

Unstoppable Trends

Citi Global Wealth’s “Unstoppable Trends” are transformative global forces that can inform change in client portfolios.

The Mid-Year Wealth Outlook 2023 defines the following trends:

  • Digitization – Generative AI is the beginning of (another) technological revolution: the rapid adoption of AI opens the door to significant investment opportunities in the ecosystem
  • Energy Security: Unusual opportunities in an atypical energy cycle: World events and the rise of renewable energy are reshaping the energy landscape
  • G2: Putting national security interests ahead of economic cooperation: Intensifying U.S.-China tension creates challenges and opportunities for investors
  • Invest in Longevity: Healthcare demand continues to grow faster than the world economy, proving non-cyclical growth for portfolios

See Citi Global Wealth’s full Mid-Year Wealth Outlook report for full details.

About Citi Global Wealth

Citi Global Wealth is an integrated wealth management platform that delivers a total wealth solution to clients across the wealth continuum, with integrated advice and execution across both their assets and liabilities. Citi Global Wealth serves ultra-high-net-worth individuals and family offices through Citi Private Bank, operates in the affluent and high-net worth segments through Citigold® and Citigold Private Client and captures wealth management in the workplace through Global Wealth at Work. Citi Global Wealth provides clients with a leading investment strategies platform, which delivers traditional and alternative investments, managed account strategies and investment guidance for all clients.

Media:

North America: Jamie Letica

LATAM: Denise Rockenbach

APAC: Harsha Jethnani

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Banking Asset Management Professional Services Finance

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Inspirato to Present at the Oppenheimer 23rd Annual Consumer Growth and E-Commerce Conference

DENVER, June 08, 2023 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced its Chief Strategy Officer, Web Neighbor, will present at the Oppenheimer 23rd Annual Consumer Growth & E-Commerce Conference, and will be hosting investor meetings throughout the day:

Oppenheimer 23rd Annual Consumer Growth and E-Commerce Conference
Wednesday, June 14, 2023
3:00pm ET

The presentation will be webcast live and can be accessed through the Investor Relations section of our website at https://investor.inspirato.com, and an online archive will be available following the presentation.

About Inspirato

Inspirato (NASDAQ: ISPO) is a luxury travel subscription company that provides exclusive access to a managed and controlled portfolio of curated vacation options, delivered through an innovative model designed to ensure the service, certainty, and value that discerning customers demand. The Inspirato portfolio includes branded luxury vacation homes, accommodations at five-star hotel and resort partners, and custom travel experiences. For more information, visit www.inspirato.com and follow @inspirato on Instagram, Facebook, Twitter, and LinkedIn.

Contacts

Investor Relations 
[email protected]

Media Relations
[email protected]



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Franklin Resources, Inc. Announces Quarterly Dividend

Franklin Resources, Inc. Announces Quarterly Dividend

SAN MATEO, Calif.–(BUSINESS WIRE)–
Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.30 per share payable on July 14, 2023 to stockholders of record holding shares of common stock at the close of business on June 30, 2023. The quarterly dividend of $0.30 per share is equivalent to the dividend paid for the prior quarter and represents a 3.4% increase over the quarterly dividend paid for the same quarter last year.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the Company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives, and multi-asset solutions. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and approximately $1.4 trillion in assets under management as of April 30, 2023. For more information, please visit franklinresources.com.

Franklin Resources, Inc.

Investor Relations: Selene Oh (650) 312-4091, [email protected]

Media Relations: Matt Walsh (650) 312-2245, [email protected]

investors.franklinresources.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Professional Services Finance Asset Management Consulting Banking Personal Finance Accounting

MEDIA:

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DIRTT’s Chicago Experience Center Opens its Doors to Demonstrate Dynamic Interior Construction

CHICAGO, June 08, 2023 (GLOBE NEWSWIRE) — DIRTT (or the “Company”) (NASDAQ: DRTT, TSX: DRT), a global leader in industrialized construction, is hosting DIRTT Connext 2023, where architects and designers will experience first-hand how industrialized construction can build high-performing and adaptable workplace, education, and healthcare spaces.

DIRTT Connext tours will take place June 12 and 13 at the DIRTT Experience Center located at 325 N. Wells Street, Chicago to coincide with NeoCon, one of the biggest events of the year for the commercial interior design industry.

DIRTT’s Experience Center features over 18 vignette areas showcasing the power of industrialized construction and demonstrating the flexibility, adaptability, and versatility of the DIRTT Construction System. Guests will be guided through the space with the opportunity to speak with various subject matter experts on DIRTT’s approach to interior construction. New areas have been added to this year’s event featuring new innovations and prototypes that are sure to spark the creativity of those experiencing the space.

DIRTT is excited to once again be part of this week that is known for helping to shape the built environment. For more information and to book a tour, visit connext.dirtt.com.

About DIRTT

DIRTT is a leader in industrialized construction. DIRTT’s system of physical products and digital tools empowers organizations, together with construction and design leaders, to build high-performing, adaptable, interior environments. Operating in the workplace, healthcare, education, and public sector markets, DIRTT’s system provides total design freedom, and greater certainty in cost, schedule and outcomes. DIRTT’s interior construction solutions are designed to be highly flexible and adaptable, enabling organizations to easily reconfigure their workspaces as their needs evolve. This flexibility is especially important in today’s rapidly changing business environment, where organizations need to be able to adapt quickly to new challenges and opportunities. Headquartered in Calgary, AB Canada, DIRTT trades on Nasdaq under the symbol “DRTT” and on the Toronto Stock Exchange under the symbol “DRT”.

FOR FURTHER INFORMATION, PLEASE CONTACT

DIRTT Investor Relations at [email protected]



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Results of the MSCI 2023 Global Market Accessibility Review

Results of the MSCI 2023 Global Market Accessibility Review

NEW YORK–(BUSINESS WIRE)–
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today the results of the MSCI 2023 Global Market Accessibility Review. The detailed report, covering market accessibility assessments for 82 markets, has been made available on MSCI’s web site at https://www.msci.com/market-classification.

Nigeria is not included in the MSCI 2023 Global Market Accessibility Review report released today. Information for this market will be made available on June 22, 2023, concurrent with the MSCI 2023 Annual Market Classification Review announcement. As a reminder, the MSCI Nigeria Indexes are under classification review due to repatriation constraints arising from low liquidity in the Nigerian foreign exchange market.

The MSCI Global Market Accessibility Review aims to serve as a tool to track the evolution of accessibility in individual markets and to inform market authorities of the areas perceived as not meeting international standards for which improvement would be welcomed by international institutional investors.

Consistent with prior years, the MSCI 2023 Global Market Accessibility Review provides a detailed assessment of market accessibility for each equity market included in the MSCI Indexes. In particular, it provides an evaluation of five market accessibility criteria, which are:

  • Openness to foreign ownership

  • Ease of capital inflows / outflows

  • Efficiency of the operational framework

  • Availability of investment instruments

  • Stability of the institutional framework

These five criteria are reflective of the views of international institutional investors who generally put a strong emphasis on equal treatment of investors, free flow of capital, cost of investment, unrestrictive use of stock market data and market specific risk. MSCI uses 18 distinct accessibility measures for the assessment of these five criteria, described in detail in the MSCI 2023 Global Market Accessibility Review report.

Market accessibility is one of the three criteria, along with economic development as well as size and liquidity, which determine classification of markets into Developed, Emerging, Frontier and Standalone Markets. The classification of markets is a key input in the process of index construction as it drives the composition of the investment opportunity sets to be represented. The results of the MSCI 2023 Annual Market Classification Review will be announced on June 22, 2023. More information on the MSCI Market Classification Framework is available at: https://www.msci.com/market-classification.

-Ends-

About MSCI

MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. To learn more, please visit www.msci.com.

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Posted on

NYSE American Initiates Delisting Proceedings for BiomX Warrants

Shares of the Company’s common stock and units (PHGE and PHGE.U) are unaffected by delisting proceedings of warrants and will remain trading on NYSE American

CAMBRIDGE, Mass. and NESS ZIONA, Israel, June 08, 2023 (GLOBE NEWSWIRE) — BiomX Inc. (NYSE American: PHGE) (“BiomX” or the “Company”), a clinical-stage company advancing novel natural and engineered phage therapies that target specific pathogenic bacteria, today announced that the Company’s warrants (“the Warrants”), which have been listed on NYSE American under the ticker symbol, PHGE.WS, are in the process of being delisted. Trading in the Company’s Warrants was suspended as of Monday, June 5, 2023.

The delisting of the Company’s Warrants is expected to have no impact on the continued listing of the Company’s common stock — ticker symbol PHGE — and units — ticker symbol PHGE.U — which will continue to trade on the NYSE American.

On June 2, 2023, NYSE Regulation announced delisting proceedings with respect to the Company’s Warrants after determining that the Warrants, which were each exercisable for one-half of a share of common stock, at an exercise price of $11.50 per share, were no longer suitable for listing pursuant to Section 1001 of the NYSE American Company Guide due to the low trading price of the Warrants.

About BiomX

BiomX is a clinical-stage company developing both natural and engineered phage cocktails designed to target and destroy bacteria in the treatment of chronic diseases. BiomX discovers and validates proprietary bacterial targets and customizes phage compositions against these targets. For more information, please visit www.biomx.com, the content of which does not form a part of this press release.

Safe Harbor

This press release contains express or implied “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “target,” “believe,” “expect,” “will,” “may,” “anticipate,” “estimate,” “would,” “positioned,” “future,” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. For example, when BiomX states that the delisting of the Company’s Warrants is expected to have no impact on the continued listing of the Company’s common stock and units, BiomX is making forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on BiomX management’s current beliefs, expectations and assumptions. 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 BiomX’s control. Actual results and outcomes may differ materially from those indicated in the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements and should review the risks and uncertainties described under the caption “Risk Factors” in BiomX’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 29, 2023 and additional disclosures BiomX makes in its other filings with the SEC, which are available on the SEC’s website at www.sec.gov. Forward-looking statements are made as of the date of this press release, and except as provided by law BiomX expressly disclaims any obligation or undertaking to update forward-looking statements.

BiomX Contacts
:

Investor Relations:
LifeSci Advisors, LLC
John Mullaly
(617)-698-9253
[email protected]

BiomX, Inc.
Anat Primovich
Corporate Project Manager
+972 (50) 697-7228
[email protected]

Source: BiomX Inc.