Stockwinners Market Radar for December 31, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

19:50 EST ELBM Stock trading halted, news pending

17:08 EST SL Green Realty extends Marc Holliday's term as CEO three and a half years - On December 2, Marc Holliday and SL Green Realty agreed to extend Mr. Holliday's term as Chief Executive Officer and Chairman for an additional three and a half years through July 18, 2028. Mr. Holliday also currently holds the title of Interim President. Mr. Holliday's current employment agreement will remain in effect until the effective date of the new employment agreement on January 18, 2025. This information was taken from company 8k filing. Reference Link

17:00 EST Paranovus Entertainment regains Nasdaq listing compliance - Paranovus Entertainment "announced that it received a formal notification from the Nasdaq Stock Market LLC that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company's Class A ordinary shares to maintain a minimum bid price of $1.00 per share."

16:49 EST Wizz Air in deal with Pratt & Whitney to address engine issues, sees recovery - Wizz Air Holdings (WZZZY) has entered a new agreement with Pratt & Whitney, an RTX Corporation (RTX) unit, to address ongoing engine issues with PW1100G-JM geared turbofan engines. The airline projects around 40 Airbus A320NEO family planes will remain grounded through fiscal 2026 due to required engine inspections. Wizz Air is working with Pratt & Whitney to minimize financial and operational impacts and expedite the return of grounded aircraft. The deal includes operational support and compensation for costs related to grounded aircraft through 2026. Despite these setbacks, Wizz Air plans to grow its fleet by adding 50 new Airbus A321NEO aircraft in fiscal 2026 and boost seat capacity by 20%. This will increase the share of fuel-efficient A321NEO planes in its fleet to 77%, supporting its sustainability and efficiency goals.

16:32 EST NetApp president Cernuda sells 22,000 common shares - In a regulatory filing, NetApp president Cesar Cernuda disclosed the sale of 22,000 common shares of the company on December 30 at a price of $114.99 per share.

16:06 EST TPI Composites cuts headcount at Turkish manufacturing facilities by 20% - The company states: "In December 2024, TPI Composites committed to a restructuring plan in order to rationalize its workforce in Turkiye in response to lower forecasted demand in 2025 for wind blades primarily exported by the Company's customers to the European market. This decline in forecasted demand is primarily attributed to the hyperinflationary environment in Turkiye, as previously disclosed in the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. The Company is reducing its headcount at its Turkish manufacturing facilities by approximately 20%. The Company currently estimates that it will recognize pre-tax charges for severance and other one-time termination benefits in the range of $9 million to $11 million. These charges are expected to be paid in January 2025."

15:32 EST Invizyne Technologies Inc trading halted, volatility trading pause

14:35 EST Viad completes sale of GES business, relaunch as Pursuit - Viad Corp (VVI) announced it has completed the sale of its GES business to Truelink Capital for $535M and will relaunch as Pursuit Attractions and Hospitality, a standalone attractions and hospitality company. As previously announced, Pursuit will begin trading on the New York Stock Exchange under a new ticker, PRSU, on January 2. The company said, "Pursuit is an attractions and hospitality company that owns and operates a collection of inspiring and unforgettable experiences in iconic destinations in the United States, Canada, and Iceland. Pursuit's elevated hospitality experiences include 14 world-class point-of-interest attractions and 28 distinctive lodges, along with integrated restaurants, retail and transportation that enable visitors to discover and connect with stunning national parks and renowned global travel locations." As previously announced, effective with the close of the transaction on December 31, David Barry, President of Viad's Pursuit business since 2015, assumed the role of President and CEO of the company.

14:07 EST Hawaiian Electric trading resumes

13:52 EST Hawaiian Electric announces closing of sale of American Savings Bank - Hawaiian Electric Industries announced the closing of the sale of 90.1% of the common stock of American Savings Bank, F.S.B, previously its wholly owned subsidiary, to independent investors via separate agreements. The transaction values the bank at $450M, with the investors purchasing the 90.1% of ASB common stock for an aggregate cash consideration of $405M. The sale of the majority of HEI's ownership in ASB follows the HEI board of directors' comprehensive review of strategic options regarding the bank, which was previously announced on August 9. "In line with HEI's stated focus on ensuring its enterprise is strong and financially healthy, the Board evaluated numerous potential paths forward for the bank and considered a range of factors including transaction certainty, proceeds, timeline to completion, regulatory considerations and potential stakeholder impacts. The transaction closed December 31, 2024, with each Investor having a non-controlling interest in ASB. No investor owns more than 9.9% of the bank's common stock, including HEI, which has retained a 9.9% stake. The Investors also include all of ASB's executive team and independent directors. The sale creates an independent, local bank headquartered in Honolulu, led by ASB's current management team under its existing brand," the company stated. "This transaction marks an important step in HEI's efforts to best position our companies to serve our customers and communities for the long term. As we navigate a dynamic time in the banking industry, we are confident selling 90% of ASB to independent investors is the best approach for HEI, ASB and our communities. The sale allows HEI to enhance our focus on the utility as we work to help our state recover from the 2023 Maui wildfires and strengthen the financial and strategic position of our company. We intend to use the proceeds to reduce holding company debt, increasing flexibility for how HEI funds the HEI and Hawaiian Electric wildfire settlement contributions and key utility initiatives," said Scott Seu, President and CEO of HEI.

13:44 EST Hawaiian Electric trading halted, news pending

12:26 EST Trump's FCC pick tells Disney monitoring talks with local stations - In a letter dated December 21, Federal Communications Commission member and President-elect Donald Trump's pick to run the agency, Brendan Carr, said in a letter to Disney: "Americans no longer trust the national news media to report fully, accurately, and fairly...ABC's own conduct has certainly contributed to this erosion in public trust...It is against this backdrop-the vast divide in trust between the national news media and local outlets-that I write you today. As a national programmer, ABC is in the midst of renegotiating the terms of many of its affiliate agreements...It appears that ABC is attempting to use something commonly called 'reverse retrans' fees-where the national programming network takes a percentage of the retransmission consent fees negotiated in good faith by local broadcast TV stations-to siphon more and more money away from local broadcast TV stations for, in ABC's case it appears, the purpose of underwriting investment in ABC's direct-to-consumer subscription streaming services...This is not how Congress envisioned the retransmission consent process working. When Congress enacted the current retransmission consent process in the 1992 Cable Act-a statutory regime that gives the FCC authority over the process-Congress sought to promote the continued viability of local broadcast TV stations by ensuring that they are compensated by cable companies for the retransmission of their broadcast signals...I want you to know that I will be monitoring the outcome of your ongoing discussions with local broadcast TV stations to ensure that those negotiations enable local broadcast TV stations to meet their federal obligations and serve the needs of their local communities." Reference Link

12:00 EST MultiPlan falls -10.3% - MultiPlan is down -10.3%, or -$1.59 to $13.87.

12:00 EST Maui Land & Pineapple rises 8.3% - Maui Land & Pineapple is up 8.3%, or $1.74 to $22.82.

12:00 EST Kore Group rises 24.5% - Kore Group is up 24.5%, or 67c to $3.39.

11:32 EST MicroCloud Hologram Inc trading resumes

11:21 EST MicroCloud Hologram Inc trading halted, volatility trading pause

10:27 EST Brera announces initial closing of agreement to acquire 52% stake in Juve Stabia - Brera Holdings announced the initial closing under its agreement to acquire a 52% stake in Italian Serie B football club SS Juve Stabia, known as "The Second Team of Naples," from existing majority owner XX Settembre, the holding company of Club President Andrea Langella. This first step in the three-stage acquisition process was the execution of the Sale and Purchase and Investment Agreement, which includes immediate cash and share payments by Brera Holdings to Juve Stabia and XX Settembre, and the acquisition by Brera of a 22 percent ownership in the Club, which will increase to 52% by the end of March 2025 subject to the satisfaction of the terms and conditions of the SPA. The transaction aligns with Brera's strategic vision to drive revenue growth, operational efficiencies, and long-term value creation through its MCO platform.

10:19 EST OptiNose trading halted, volatility trading pause

10:00 EST Team falls -4.6% - Team is down -4.6%, or -65c to $13.37.

10:00 EST Oklo falls -6.3% - Oklo is down -6.3%, or -$1.50 to $22.15.

10:00 EST SiriusPoint rises 6.3% - SiriusPoint is up 6.3%, or 90c to $15.10.

09:54 EST Sidus Space Inc trading resumes

09:49 EST Sidus Space Inc trading halted, volatility trading pause

09:48 EST Biohaven rises 6.1% - Biohaven is up 6.1%, or $2.17 to $37.95.

09:47 EST United States Natural Gas Fund falls -4.3% - United States Natural Gas Fund is down -4.3%, or -77c to $17.26.

09:47 EST a.k.a. Brands falls -7.2% - a.k.a. Brands is down -7.2%, or -$1.34 to $17.15.

09:30 EST MicroAlgo announces launch of FULL adder operation quantum algorithm tech - MicroAlgo announced the successful development of a quantum algorithm technology, specifically a FULL adder operation based on CPU registers in quantum gate computers. The company said, "This innovative technology brings new possibilities to the development of quantum computing. It not only significantly enhances the efficiency and accuracy of quantum computers when performing complex computational tasks but also opens new pathways for the design and implementation of quantum gate computers."

09:27 EST Terreno Realty acquires industrial property in New York for $50.1M - Terreno Realty acquired an industrial property located in Maspeth Queens, New York for a purchase price of approximately $50.1M.

09:18 EST Merck's sotatercept approved by MHRA to treat PAH - The Medicines and Healthcare products Regulatory Agency of the United Kingdom announced has approved the medicine sotatercept, Winrevair, to treat pulmonary arterial hypertension. The new marketing authorization was granted on December 27 to Merck Sharp & Dohme Limited. Reference Link

09:06 EST Bit Origin regains compliance with Nasdaq listing rule - Bit Origin has regained compliance with Nasdaq Listing Rule 5250(c) in connection with the filing of its annual report on Form 20-F for the fiscal year ended June 30, 2024.

09:05 EST Mullen Automotive sells Mullen ONE electric van to Mr. Appliance franchisee - Mullen Automotive sold the Mullen ONE All-Electric Cargo Van to Appliance of Owings Mills, Maryland, marking the company's first venture into the home service vertical. Mr. Appliance Owings Mills, Maryland, is a franchisee of Mr. Appliance and is a national home service brand of Neighborly, offering home repair services across the U.S. The Mullen ONE's all-electric powertrain can reduce transportation costs by cutting fuel expenses up to 57%.

09:02 EST ONEOK closes sale of natural gas pipelines to DT Midstream for $1.2B - ONEOK (OKE) announced that it has closed the sale of its three wholly owned interstate natural gas pipeline systems to DT Midstream (DTM), effective as of Dec. 31, 2024, for a total cash consideration of $1.2B, subject to customary adjustments. "The closing of this transaction represents another milestone in the strategic optimization of our integrated asset portfolio and advances our capital allocation priorities," said Pierce H. Norton II, ONEOK president and chief executive officer. "As the new owner of these pipelines, DT Midstream brings a shared commitment to safety, reliability and excellence that will serve all stakeholders well."

09:00 EST Duke Energy Carolinas customer rates drop 6.2% on January 1 - Duke Energy Carolinas customers in North Carolina will see their electric rates fall starting Jan. 1 as part of an annual adjustment for the cost of fuel used to generate electricity at its power plants, along with other rider adjustments.

08:36 EST AmpliTech Group CEO issues shareholder letter - AmpliTech Group released a letter to shareholders from CEO/CTO Fawad Maqbool. Highlights of the letter include: "...AmpliTech has reached significant milestones in forming distinct divisions focused on developing key products for rapidly expanding technology markets. These markets include quantum computing, 5G/6G telecommunications, and satellite communications-all foundational to transformative advancements in modern life...We are in the process of deploying a wide range of 5G business development initiatives, including obtaining further product licenses, certifications, and meeting all industry standards, both government and commercial, to provide full end-to-end solutions in Public and Private 5G. Having enough support to fund all of these initiatives was a strategic milestone, which was successfully accomplished by the end of the current fiscal year. We plan to have all FCC certifications and licenses necessary to make Gigspeed AmpliTech private 5G services available to homes and businesses as early as possible during our FY25...AmpliTech successfully raised over $20M, enabling us to forge strategic partnerships with industry giants and position ourselves at the forefront of innovation. Over the past five years, this strategy has delivered a remarkable return on investment of nearly 200%...With a robust balance sheet, a Fortune 500 customer base, and synergistic divisions driving innovation through cross-pollination, we are well-prepared to capitalize on the emerging technologies shaping the future..."

08:33 EST Heritage Distilling appoints Michael Carrosino as CFO - Heritage Distilling appointed Michael Carrosino as CFO. Carrosino held multiple senior-level finance and CFO positions for companies that included several interim CFO consulting roles, as well as several full-time senior-level and CFO positions. Some of these companies include Tatoosh Distillery, Foss Maritime, The Space Needle, TomboyX, Hyperion Innovations / ColdHeat, Pacific Biometrics, and VacationSpot.com. Carrosino's prior experience also includes tenures with Classmates.com, Cell Therapeutics, Inc., Esterline Technologies and Arthur Andersen. The appointment of Carrosino follows on the heels of the company's recent appointment of Troy Alstead and Andrew Varga to its board of directors.

08:09 EST Bit Digital executes MSA with DNA AI compute fund - Bit Digital (BTBT) announced that it has executed a Master Services Agreement, MSA, with a new client, an AI Compute Fund managed by DNA Holdings Venture Inc., which provides for 576 Nvidia (NVDA) H200 GPUs over a two-year term. The contract represents an aggregate revenue opportunity of approximately $20.2 million for Bit Digital and is expected to commence in February 2025.

08:07 EST Kazia announces FDA says OS data supports standard, not accelerated approval - Kazia Therapeutics provided a regulatory update on paxalisib for the treatment of glioblastoma, GBM, following its Type C clinical meeting with the United States Food and Drug Administration, FDA. Following discussions with the FDA and feedback from Kazia's recent Type C meeting, the FDA's current position is that data on overall survival, OS, would generally not be appropriate for accelerated approval, but could be considered to support a traditional/standard approval. The Agency further commented that the secondary endpoint OS data from the GBM-AGILE study are supportive and informative for designing and executing a pivotal registrational study in pursuit of a standard approval. Importantly, the Company aligned with the FDA on key aspects of the design of a proposed registrational/pivotal phase 3 study, including patient population, primary endpoint, and the comparator arm to be used.

08:02 EST Cocrystal Pharma to extend Phase 2a Influenza challenge study - Cocrystal Pharma announces plans to extend enrollment in the Phase 2a human challenge study with its investigational, broad-spectrum, oral influenza PB2 inhibitor CDI-42344 due to unexpectedly low influenza infection among study participants who were challenged with a H3N2 viral strain. This randomized, double-blind, placebo-controlled Phase 2a study is evaluating the safety, tolerability, pharmacokinetics, antiviral activity and clinical measurements of CC-42344 at a single site in the United Kingdom.CC-42344 is a drug candidate in development as an oral treatment for pandemic avian and seasonal influenza A infections. In December 2023, Cocrystal Pharma announced enrollment of the first patient in this study and in May 2024, the Company announced full enrollment of 78 subjects. "While CC-42344 showed a favorable safety and tolerability profile, we're disappointed by the low infectivity rate of the challenge influenza strain used in this study. The establishment of robust influenza infection in healthy, uninfected study subjects is critical to determine clinical endpoints for evaluating antiviral molecules. The low infectivity obtained in this study hindered antiviral data analysis," said Sam Lee, President and co-CEO. "We remain optimistic about CC-42344 due to its unique mechanism of action with a high barrier to developing resistance, which could render it a best-in-class antiviral treatment for pandemic and seasonal influenza infections. We are also encouraged by CC-42344's favorable safety and tolerability profile from the Phase 2a study to date, with no SAEs and no drug-related discontinuations by study participants. We are working with the clinical research organization to prepare a protocol amendment for approval by the United Kingdom Medicines and Healthcare Products Regulatory Agency in order to extend enrollment in this study, and to ensure necessary infection rates among enrolled study subjects," he added.

07:45 EST Autoliv retires 1.05M shares of common stock - Autoliv "announced that as of December 31, 2024, the total number of issued shares of common stock is 80,443,340 of which 77,712,479 shares are outstanding. Autoliv retired 1,043,953 shares of common stock that had been repurchased during the quarter which resulted in a decrease in the issued shares. Autoliv also retired 2,000,000 shares of common stock that had been held in treasury unrelated to the repurchases in the quarter. The Company now has a total of 80,443,340 issued shares of common stock of which 77,712,479 shares are outstanding. Each share of outstanding common stock is entitled to one vote. After the retirement of the repurchased shares and other treasury shares, Autoliv holds 2,730,861 shares of common stock in treasury which have no voting rights or rights to participate in distributions under Delaware law."

07:39 EST Softchoice to be acquired by World Wide Technology for C$1.8B - Softchoice and World Wide Technology announced that they have entered into an arrangement agreement for Softchoice to be acquired by WWT, via an all-cash transaction, which values Softchoice at an enterprise value of approximately C$1.8B. Shareholders, including each of the directors and senior officers of Softchoice, which collectively represent approximately 51.3% of Softchoice's issued and outstanding common shares, have entered into voting support agreements pursuant to which such shareholders have agreed, among other things, to support and to vote all shares held by them in favor of the transaction. Under the terms of the arrangement agreement, WWT, through an affiliate, will acquire all the issued and outstanding common shares of Softchoice for a price of C$24.50 per share, in cash, valuing the company at an enterprise value of approximately C$1.8B. This price represents premiums of approximately 14%, 32% and 19%, to the closing price of the shares on the Toronto Stock Exchange on December 30, the closing price of the shares on the TSX on September 23, the day prior to commencement of the review process, and the 90-day volume weighted average price, respectively. The purchase price is also above the 52-week high closing price of the common shares as of December 30, and represents a total shareholder return of approximately 62% to the company's initial public offering price of C$20.00, as adjusted for Softchoice's historical dividend payments. Based on the company's reported financial results for the trailing twelve months to September 30, the consideration values the company at an EV to adjusted EBITDA multiple of 13.2x. The company entered into the arrangement agreement based on the unanimous approval of the company's board of directors, following receipt of the unanimous recommendation of a committee of independent directors. The arrangement agreement was the result of a solicitation and negotiation process that was undertaken at arm's length with the oversight and participation of the special committee. The transaction will be implemented by way of a statutory plan of arrangement under the Canada Business Corporations Act. Implementation of the transaction will be subject to, among other things, the approval at the special meeting of shareholders of at least 66% of the votes cast by shareholders and a simple majority of the votes cast by shareholders. The company intends to hold the shareholders' meeting in March 2025, where the transaction will be considered and voted upon by shareholders of record. The transaction is also subject to court approval and customary closing conditions, including receipt of key regulatory approvals, is not subject to any financing condition and, assuming the timely receipt of all required key regulatory approvals, is expected to close in late Q1 or early Q2 2025. A termination fee of C$49M would be payable by Softchoice in certain circumstances, including in the context of Softchoice entering into a definitive agreement with respect to a superior proposal. Birch Hill and each of the directors and senior officers of the company, representing approximately 51.3% of the outstanding shares of Softchoice, have entered into voting support agreements under which they have agreed, among other things, to support and to vote all shares held by them in favor of the transaction. The voting support agreements terminate automatically upon termination of the arrangement agreement. Following completion of the transaction, it is expected that the outstanding shares will be delisted from the TSX and that Softchoice will cease to be a reporting issuer in all applicable Canadian jurisdictions.

07:34 EST Cheniere Energy achieves first LNG at Corpus Christi Stage 3 Project - Cheniere Energy (LNG) achieved its first liquefied natural gas, or LNG, production from the first train of Cheniere's Corpus Christi Stage 3 Liquefaction Project. Chart Industries (GTLS) supports the CCL Stage 3 project and Cheniere and Bechtel Energy with its IPSMR process technology for LNG Liquefaction and associated equipment. Cheniere expects substantial completion of Train 1 to be achieved at the end of Q1 2025, over six months ahead of the guaranteed completion date. Upon substantial completion, Bechtel will transfer care, custody and control of the completed train to Cheniere.

07:33 EST Oneok, EnLink announce filing of EnLink's proxy materials with U.S. SEC - ONEOK,(OKE) and EnLink Midstream (ENLC) announced the filing of EnLink's definitive proxy materials with the U.S. Securities and Exchange Commission, SEC, in connection with ONEOK's pending acquisition of the remaining publicly held common units of EnLink. All EnLink unitholders of record as of the close of business on Dec. 23, 2024, will be entitled to vote their units at the Special Meeting. The EnLink Board of Directors and the Conflicts Committee of the EnLink Board of Directors unanimously recommend that unitholders vote "FOR" all proposals provided in detail in the definitive proxy statement. Proxy materials are expected to be mailed on or about Dec. 31, 2024.

07:21 EST Mako Mining inteds to acquire Moss Mine in Arizona - Mako Mining announced the entering into of a non-binding letter of intent to acquire 100% of the issued and outstanding common shares of EG Acquisition, a recently created private corporation controlled by Mako's controlling shareholder, Wexford Capital, established solely to acquire the Moss gold mine located in the historic Oatman District in Arizona. It is anticipated that EGA will complete the acquisition of the Moss gold mine on December 31st, 2024 through its acquisition of 100% of the common shares of Golden Vertex which holds direct ownership of the Moss gold mine. Each of EGA and GVC will become wholly owned subsidiaries of Mako as a result of the Proposed Transaction. The purchase price for the Proposed Transaction is expected to be in the range of $4.9M up to $6.4M if certain royalties are extinguished, all payable in cash. The Proposed Transaction is expected to close by February 2025. EGA's acquisition of GVC is pursuant to a court-approved sale process under the Companies' Creditors Arrangement Act and Chapter 15 of Title 11 of the United States Code, the terms of which included, among other things, the elimination of over $60M of liabilities associated with the Moss mine owed by GVC and its former parent. rior to the Bankruptcy Process, there were several royalties and a silver stream on the Moss mine which entitled the silver stream holder to 100% of the payable silver over the life of the mine. The silver stream was eliminated upon EGA's acquisition of GVC. The two remaining material royalties are being disputed by GVC and its former parent in Arizona through the Chapter 15 bankruptcy process. If these royalties are vested away, Mako, through its then wholly-owned subsidiary EGA has agreed to pay up to an additional $1.5M to the creditors. Mako expects the status of these royalties to be determined in the first half of 2025. The Proposed Transaction will allow Mako to add a producing asset located in a top tier jurisdiction funded solely out of cash flow generated from the last quarter of Mako's current mining operations. The Moss mine has been producing gold throughout the Bankruptcy Process through its beneficiation facilities. Mining was temporarily suspended at the beginning of the Bankruptcy Process and Mako plans to restart mining operations upon completion of the Proposed Transaction once it has had an opportunity to optimize the mine plan and debottleneck the crushing plant. This is expected to be achieved within a few months of closing of the Proposed Transaction. Mako currently operates the high-grade San Albino Mine in northern Nicaragua and owns the Eagle Mountain project in Guyana. Over the last quarter, even after an extensive drill program at both properties, the cash and gold in sales receivables balance in Mako has increased by over $6M to nearly $13M at year end. In connection with the Proposed Transaction, Trisura Guarantee Insurance Company has pre-arranged the terms and conditions of a bonding facility for Mako in connection with the completion of the Proposed Transaction which provides that Trisura will release approximately $1.5M of the $3M currently held as collateral for various environmental reclamation bonds at the Moss mine, the result of which effectively reduces Mako's net cash acquisition cost. In connection with the bonding facility, Mako has agreed to execute an indemnity in favor Trisura having a value of approximately $12M, which shall terminate in the event Mako does not complete the Proposed Transaction. Under the terms of the non-binding letter of intent, it is proposed that Mako will acquire all of the issued and outstanding common shares of EGA for a total consideration value of $4.9M. Pursuant to the terms of the Bankruptcy Process, subject to the extinguishment of the 1% net smelter return royalty at the Moss mine held by affiliates of Sandstorm Gold Ltd., EGA will pay the former parent of GVC an additional $0.5M, and subject to the extinguishment of the 3% net smelter return royalty at the Moss mine held by Patriot Gold Corporation, EGA will pay the former parent of GVC an additional $1M, for total consideration of up to $6.4M payable in cash. Mako is acquiring the shares of EGA at the approximate cost basis of EGA's acquisition of GVC. If the Proposed Transaction is completed, Mako has agreed to reimburse the owners of EGA for any operational costs from December 31st, 2024. Unless the Proposed Transaction is cancelled, all gold and silver produced until the Proposed Transaction is complete, will be to the credit of Mako. EGA has agreed to deal exclusively and in good faith with Mako regarding the Proposed Transaction until March 31st, 2025. The Proposed Transaction is expected to close by February 2025.

07:11 EST Aclara CEO 'excited about the continued momentum carrying over from 2024' - Aclara Resources announced the release of a letter to its shareholders from the Company's CEO Ramon Barua, which read in part, "2024 has been a transformative year for Aclara, marked by significant progress in both our strategic and operational initiatives. We are evolving from a mining company to a comprehensive 'mine-to-magnet' solution company, developing cutting-edge technologies to produce the world's most environmentally responsible and cost-efficient magnetic rare earths. With our recent adoption of Artificial Intelligence technologies, we are driving industry innovation and positioning ourselves for sustainable and scalable growth across the entire rare earths value chain...As we enter 2025, we are excited about the continued momentum carrying over from 2024. Aclara is fully financed to pursue a focused fast-track program aimed at achieving production by 2028. Our focus for the coming year includes: Progressing Permitting: We expect considerable advancements in permitting in both Chile and Brazil, setting the stage for the next phase of development at both rare earth projects. PFS and Feasibility Studies: The PFS in Brazil is on track for completion in Q3 2025 and we are determined to make substantial progress on the feasibility study for the Carina Project. Pilot Plant and Process Optimization: Aclara's pilot plant is on track to start operations in Brazil by Q2 2025, offering us an invaluable opportunity to further optimize our patented Circular Mineral Harvesting process and gain firsthand insights into our operational capabilities. We expect visits from several of our important stakeholders, replicating the successful pilot plant experience we had in Chile. Solvent Extraction and Alloy Production: We aim to complete optimization work for the solvent extraction process of our rare earth carbonates and move forward with piloting in Q4 2025, while advancing our metals and alloys joint venture to support high-performance magnets. Aclara has the potential to produce 16% of China's official heavy rare earths production from our projects in Brazil and Chile, a volume capable of supplying enough materials for 5 to 6 million electric vehicles annually. This production would be traceable and reliable, aligning with global demand for sustainable materials to drive the decarbonization of the planet. Since the inception of Aclara, we have devoted a significant amount of time and effort to working with our hosting communities, ensuring we adequately communicate our activities and proactively listen to their concerns. By co-developing our projects alongside them, our focus has been on generating development opportunities in the local territories. Ensuring that our stakeholders improve by having Aclara as a neighbor is a belief deeply rooted within our culture and is a core value that we will relentlessly pursue in all our projects. We are deeply committed to this vision, and as we approach the next growth phase, we are excited by the tremendous opportunity to make a meaningful impact on the world's transition to a greener, more sustainable future."

07:07 EST Simply Good Foods reschedules date to report Q1 financial results - The Simply Good Foods Company will now report financial results for the 13 week fiscal first quarter ended November 30, 2024, on Wednesday, January 8, 2025, before market open. The change is the result of January 9, 2025, being declared a National Day of Mourning to honor the late President Carter. The Company will host a conference call to discuss these results with additional comments and details provided at that time. Participating on the call will be Geoff Tanner, President and CEO, and Shaun Mara, CFO. The conference call is scheduled to begin at 6:30 a.m. Mountain time on Wednesday, January 8, 2025

07:06 EST ReposiTrak welcomes 50 new dairy suppliers for RTN for CTE in supply chains - ReposiTrak is preparing to welcome 50 new dairy and dairy-alternative suppliers into the queue for the ReposiTrak Traceability Network RTN. These new members will efficiently exchange intricate, FDA-required Key Data Elements KDEs for each Critical Tracking Event CTE in their supply chains, ensuring proactive compliance well before the January 2026 deadline. "ReposiTrak's network, the largest operational traceability network, is helping dairy and plant-based suppliers achieve seamless compliance with FDA regulations and retailer traceability requirements," stated Randy Fields, chairman and CEO of ReposiTrak. "By joining the network, these suppliers can efficiently share traceability data with an unlimited number of in-network customers, all without the need for additional hardware or software." The ReposiTrak Traceability Network requires no additional hardware or software and the ReposiTrak team assists in making the connections needed under the new regulation. Suppliers can connect to an unlimited number of trading partners and share data for a low, flat fee.

07:02 EST SSR Mining announces Marigold Mine achieves 5M ounces of gold production - SSR Mining announced that the Marigold Mine achieved 5M ounces of gold production on December 30. Marigold has been in continuous operation for more than 35 years and has produced more than 2M ounces of gold since its acquisition by SSR Mining in 2014, including a record 278,000 ounces of gold production in 2023.

06:20 EST NYSE to commence delisting proceedings against Danimer Scientific - The New York Stock Exchange announced that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock of Danimer Scientific - ticker symbol DNMR - from the NYSE. Trading in the company's Class A common stock will be suspended immediately. NYSE Regulation reached its decision to delist the company's Class A common stock because the company had fallen below the NYSE's continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000. The company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the company's Class A common stock upon completion of all applicable procedures, including any appeal by the company of the NYSE Regulation staff's decision. Reference Link

06:05 EST HomeStreet closes sale of $990M in multi-family loans - HomeStreet announced the closings of the previously announced sale by the Bank, on a servicing retained basis, of $990M of multifamily commercial real estate loans, at a price, including the value of the retained servicing, of approximately 92% of the principal balance of the loans. Substantially all of the proceeds from the sale were used to pay down Federal Home Loan Bank borrowings.