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News

ACT NOW: Monteverde & Associates PC Investigates the Following BuyoutNEW YORK, Nov. 25, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating:...
NEW YORK, Nov. 25, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating: Monteverde & Associates PC Logo IKONICS Corp. (IKNX) relating to its proposed acquisition by TeraWulf, Inc. Under the terms of the agreement, IKONICS shareholders will receive $5.00 in cash, one contingent value right, and one share of the newly combined company per share they own. Click here for more information: http://monteverdelaw.com/case/ikonics-corp. It is free and there is no cost or obligation to you. Noble Corp. ("NE" or the "Company") (NE) relating to its proposed acquisition by Maersk Drilling. Under the terms of the agreement, NE shareholders will receive one share of Topco common stock per share they own. Click here for more information: https://www.monteverdelaw.com/case/noble-corp. It is free and there is no cost or obligation to you. CorePoint Lodging Inc. ("CPLG" or the "Company") (CPLG) relating to its proposed acquisition by affiliates of Highgate and Cerberus Capital Management, L.P. Under the terms of the agreement, CPLG shareholders will receive $15.65 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/corepoint-lodging-inc. It is free and there is no cost or obligation to you. About Monteverde & Associates PC We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2020 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, over the years the firm has recovered or secured over a dozen cash common funds for shareholders in mergers & acquisitions class action cases. Story continues If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341. Contact: Juan E. Monteverde, Esq. MONTEVERDE & ASSOCIATES PC The Empire State Building 350 Fifth Ave. Suite 4405 New York, NY 10118 United States of America jmonteverde@monteverdelaw.com Tel: (212) 971-1341 Attorney Advertising. (C) 2021 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter. Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/act-now-monteverde--associates-pc-investigates-the-following-buyout-301432154.html SOURCE Monteverde & Associates PC
CPLG IKNX NE | finance.yahoo | about 4 years ago | Neutral

IKONICS Announces Third Quarter 2021 ResultsDULUTH, Minn., Oct. 28, 2021 (GLOBE NEWSWIRE) -- IKONICS Corporation (Nasdaq: IKNX), a Duluth-based imaging technology company (“IKONICS” or the “Company”), announced its third quarter 2021 earnings. The Company posted record third quarter revenue in 2021 with sales of $4,743,000 compared to $3,13...
DULUTH, Minn., Oct. 28, 2021 (GLOBE NEWSWIRE) -- IKONICS Corporation (Nasdaq: IKNX), a Duluth-based imaging technology company (“IKONICS” or the “Company”), announced its third quarter 2021 earnings. The Company posted record third quarter revenue in 2021 with sales of $4,743,000 compared to $3,135,000 for the same period in 2020, an increase of 51%. IKONICS realized a third quarter loss of $851,000 or $0.43 per diluted share, versus the third quarter 2020 loss of $274,000, or $0.14 per diluted share. For each of the nine months ending September 30, 2021 and 2020, the net loss was $0.96 per diluted share. Both the 2021 third quarter and year-to-date earnings have been unfavorably impacted by transaction related expenses associated with the pending business combination with TeraWulf, Inc. (“TeraWulf”). On a non-GAAP basis for the three and nine month periods ended September 30, 2021 IKONICS realized earnings of $206,000 and $27,000, or $0.10 and $0.01 per diluted share, respectively, after adjusting for professional service and stock based compensation expenses specifically related to the pending transaction. IKONICS CEO, Glenn Sandgren reports, “We are pleased with our overall performance. The IKONICS team has done a remarkable job maximizing productivity at every level given the prevailing constraints. Our plan to increase shareholder value is progressing rapidly. We remain excited by the continued improvement of our results further demonstrating the inherent value of our legacy business, and most importantly, the prospects of the pending business combination with TeraWulf – whose team is striving to generate environmentally sustainable bitcoin at an industrial scale in the United States using over 90% zero-carbon energy.” Key Highlights: Non-GAAP third quarter 2021 earnings were $206,000 on record third quarter revenue of $4,743,000.Industry-wide supply chain challenges remain and are impacting revenue. Issues have lessened but are expected to continue at least through the end of 2021.Core businesses continue to experience robust demand, producing a strong order backlog.Pending business combination with TeraWulf is targeted to close in the fourth quarter of this year. IKONICS CorporationCONDENSED STATEMENTS OF OPERATIONS (Unaudited)For the Three and Nine Months Ended September 30, 2021 and 2020 Three Months Ended Nine Months Ended 9/30/21 9/30/20 9/30/21 9/30/20Net sales$4,743,452 $3,134,984 $12,068,208 $9,204,615 Cost of goods sold 3,161,362 2,261,205 8,060,482 6,792,709 Gross profit 1,582,090 873,779 4,007,726 2,411,906 Operating expenses 2,408,662 1,116,293 5,800,572 4,484,434 Loss from operations (826,572) (242,514) (1,792,846) (2,072,528) Interest expense (103) (24,592) (102,443) (70,699) Other Income 20 39 5,195 8,722 Loss before income taxes (826,655) (267,067) (1,890,094) (2,134,505) Income tax expense (benefit) 25,081 6,929 5,557 (232,000) Net loss$(851,736) $(273,996) $(1,895,651) $(1,902,505) Loss per common share-basic and diluted$(0.43) $(0.14) $(0.96) $(0.96) Average diluted shares outstanding 1,981,138 1,976,354 1,978,638 1,976,354 CONDENSED BALANCE SHEETSAs of September 30, 2021 and December 31, 2020 9/30/2021 12/31/2020Assets (unaudited) Current assets$5,214,388 $7,803,453 Property, plant, and equipment, net 6,933,139 7,388,363 Intangible assets, net 232,679 243,583 $12,380,206 $15,435,399 Liabilities and Stockholders' Equity Current liabilities$2,198,303 $3,596,053 Long-term debt — — Stockholders' equity 10,181,903 11,839,346 $12,380,206 $15,435,399 CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)For the Nine Months Ended September 30, 2021 and 2020 9/30/2021 9/30/2020Net cash provided by (used in) operating activities$565,468 $(630,117)Net cash (used in) provided by investing activities (18,878) 2,060,405 Net cash (used in) provided by financing activities (2,739,588) 1,106,946 Net (decrease) increase in cash (2,192,998) 2,537,234 Cash at beginning of period 3,693,845 963,649 Cash at end of period$1,500,847 $3,500,883 RECONCILIATION OF GAAP LOSS TO NON-GAAP EARNINGS We report our financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). We have provided non-GAAP earnings in this press release to assist investors in comparing our performance on a year-over-year basis and because management believes it is a useful metric in evaluating ongoing performance of our company. Non-GAAP adjusted income reflects the add back of costs specifically related to the 2021 pending TeraWulf transaction expected to occur later this year. The presentation of this information is not meant to be a substitute for the corresponding financial measures prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of GAAP to non-GAAP financials measures below. Three Months Ended Nine Months Ended 9/30/21 9/30/20 9/30/21 9/30/20Net loss$(851,736) $(273,996) $(1,895,651) $(1,902,505) Add: Transaction related professional service expenses 985,000 — 1,718,000 — Add: Stock compensation expense 73,000 3,000 205,000 10,000 Non-GAAP adjusted income (loss)$206,264 $(270,996) $27,349 $(1,892,505) Non-GAAP adjusted income (loss) per common share-basic and diluted$0.10 $(0.14) $0.01 $(0.96) Average diluted shares outstanding 1,981,138 1,976,354 1,978,638 1,976,354 Additional Information and Where to Find It; Participants in the Solicitation In connection with the proposed business combination between the Company and TeraWulf Inc. (“TeraWulf”) as more fully described in the current report on Form 8-K filed by the Company with the United States Securities and Exchange Commission (the “SEC”) on June 25, 2021, as amended on August 11, 2021, the Company filed a combined preliminary proxy statement and registration statement on Form S-4 with the SEC on July 30, 2021, as amended on August 2, 2021, August 11, 2021, September 20, 2021, and October 12, 2021. Following the filing of the definitive proxy statement with the SEC, the Company will mail the definitive proxy statement and a proxy card to each shareholder entitled to vote at the special meeting relating to the proposed transaction. The proxy statement, any other relevant documents, and all other materials filed with the SEC concerning the Company are (or, when filed, will be) available free of charge at http://www.sec.gov and http:/www.ikonics.com/investor-relations. Shareholders should read carefully the proxy statement and any other relevant documents that the Company files with the SEC when they become available before making any voting decision because they will contain important information. This communication does not constitute a solicitation of proxy, an offer to purchase, or a solicitation of an offer to sell any securities. The Company and its directors and executive officers are deemed to be participants in the solicitation of proxies from shareholders in connection with the proposed transaction. Information regarding the names of such persons and their respective interests in the transaction, by securities holdings or otherwise, will be set forth in the definitive proxy statement when it is filed with the SEC. Additional information regarding these individuals is set forth in its annual report on Form 10-K for the fiscal year ended December 31, 2020, its definitive proxy statement for the annual meeting held on April 29, 2021, and the revised definitive proxy statement for the same meeting, which were filed with the SEC on March 3, 2021, March 23, 2021, and April 6, 2021, respectively. To the extent the Company’s directors and executive officers or their holdings of the Company’s securities have changed from the amounts disclosed in those filings, to the Company’s knowledge, such changes have been reflected on initial statements of beneficial ownership on Form 3 or statements of change in ownership on Form 4 on file with the SEC. These materials are (or, when filed, will be) available free of charge at http://www.Ikonics.com/investor-relations. Forward Looking Statements This communication contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Such statements include statements concerning anticipated future events and expectations that are not historical facts. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the mergers, including the risks that (a) the mergers may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the merger agreement, (c) other conditions to the consummation of the mergers under the merger agreement may not be satisfied, (d) all or part of TeraWulf’s contemplated financing may not become available, and (e) the significant limitations on remedies contained in the merger agreement may limit or entirely prevent a party from specifically enforcing another party’s obligations under the merger agreement or recovering damages for any breach; (2) approval of the combined company’s application to list its shares on The Nasdaq Stock Market LLC, (3) the effects that any termination of the merger agreement may have on a party or its business, including the risks that (a) the price of the Company’s common stock may decline significantly if the mergers are not completed, (b) the merger agreement may be terminated in circumstances requiring the Company to pay TeraWulf a termination fee of $1.2 million, or (c) the circumstances of the termination, may have a chilling effect on alternatives to the mergers; (4) the effects that the announcement or pendency of the mergers may have on the Company and its business, including the risks that as a result (a) the business, operating results or stock price of the Company’s common stock may suffer, (b) its current plans and operations may be disrupted, (c) the ability of the Company to retain or recruit key employees may be adversely affected, (d) its business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) management and employee attention may be diverted from other important matters; (5) the effect of limitations that the merger agreement places on the Company’s ability to operate its business, return capital to shareholders or engage in alternative transactions; (6) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the transactions and instituted against the Company and others; (7) the risk that the transaction may involve unexpected costs, liabilities or delays; (8) other economic, business, competitive, legal, regulatory, and/or tax factors; (9) the possibility that less than all or none of the Company’s historical business will be sold prior to the expiration of the CVRs; and (10) other factors described under the heading “Risk Factors” in Part I, Item 1A of the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2020, as updated or supplemented by subsequent reports that the Company has filed or files with the SEC. Potential investors, shareholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. Neither TeraWulf nor the Company assumes any obligation to publicly update any forward-looking statement after it is made, whether as a result of new information, future events or otherwise, except as required by law. News Contact: Glenn Sandgren Chief Executive Officer (218) 628-2217
IKNX | globenewswire | about 4 years ago | Neutral

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ADTN, HBMD, VNE, IKNX; Shareholders are Encouraged to Contact the FirmNEW YORK, Oct. 22, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: logo (PRNewsfoto/Halper Sadeh LLP) ADTRAN, Inc. (NASDAQ: ADTN) concerning potential violations of the federal securities laws and/or breaches of fiduci...
NEW YORK, Oct. 22, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: logo (PRNewsfoto/Halper Sadeh LLP) ADTRAN, Inc. (NASDAQ: ADTN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with ADVA. Following completion of the transaction, ADTRAN shareholders are expected to own approximately 54% of the combined company. If you are an ADTRAN shareholder, click here to learn more about your rights and options. Howard Bancorp, Inc.(NASDAQ: HBMD) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale F.N.B. Corporation. Under the terms of the merger agreement, Howard Bancorp shareholders will be entitled to receive 1.8 shares of FNB common stock for each share of Howard Bancorp common stock they own. If you are a Howard Bancorp shareholder, click here to learn more about your rights and options. Veoneer, Inc. (NYSE: VNE) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Magna International Inc. for $31.25 per share in cash. If you are a Veoneer shareholder, click here to learn more about your rights and options. IKONICS Corporation(NASDAQ: IKNX) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to TeraWulf Inc. Under the terms of the agreement, each outstanding share of IKONICS common stock will receive $5.00 in cash, one Contingent Value Right, and one share of the combined company's common stock. If you are an IKONICS shareholder, click here to learn more about your rights and options. Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com. Story continues Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Halper Sadeh LLP Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-investigation-halper-sadeh-llp-investigates-adtn-hbmd-vne-iknx-shareholders-are-encouraged-to-contact-the-firm-301406395.html SOURCE Halper Sadeh LLP
ADTN HBMD IKNX VNE | finance.yahoo | about 4 years ago | Neutral

Lifshitz Law Firm, P.C. Announces Investigation of IKNX, INOV, VICI, and VEINEW YORK, Oct. 21, 2021 (GLOBE NEWSWIRE) -- IKONICS Corporation (NasdaqGS: IKNX) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of IKNX to TeraWulf, Inc. for $5.00 in cash per share of IKNX owned. If you are an investor, and wo...
NEW YORK, Oct. 21, 2021 (GLOBE NEWSWIRE) -- IKONICS Corporation (NasdaqGS: IKNX) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of IKNX to TeraWulf, Inc. for $5.00 in cash per share of IKNX owned. If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com. Inovalon Holdings, Inc. (NasdaqGS: INOV) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of INOV to an equity consortium led by Nordic Capital for $41.00 in cash per share of INOV owned. If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com. VICI Properties Inc. (NYSE: VICI) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of VICI with MGM Growth Properties LLC. Under the terms of the merger agreement, MGM shareholders will receive 1.366 shares of VICI stock for each share of MGM they own. If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com. Vine Energy Inc. (NYSE: VEI) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the acquisition of VEI by Chesapeake Energy Corporation. Under the terms of the merger agreement, VEI shareholders will receive 0.2486 shares of Chesapeake common stock and $1.20 in cash for each share of VEI they own. If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com. Story continues ATTORNEY ADVERTISING.© 2021 Lifshitz Law Firm, P.C. The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Contact: Joshua M. Lifshitz, Esq. Lifshitz Law Firm, P.C. Phone: 516-493-9780 Facsimile: 516-280-7376 Email: info@jlclasslaw.com
IKNX INOV VEI VICI | finance.yahoo | about 4 years ago | Neutral

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates CXP, VNE, IKNX, SBKK; Shareholders are Encouraged to Contact the FirmNEW YORK, NY / ACCESSWIRE / October 13, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Columbia Property Trust, Inc. (NYSE:CXP)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relat...
NEW YORK, NY / ACCESSWIRE / October 13, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Columbia Property Trust, Inc. (NYSE:CXP)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to funds managed by Pacific Investment Management Company LLC for $19.30 per share in cash. If you are a Columbia Property shareholder, click here to learn more about your rights and options. Veoneer, Inc. (NYSE:VNE)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Magna International Inc. for $31.25 per share in cash. If you are a Veoneer shareholder, click here to learn more about your rights and options. IKONICS Corporation (NASDAQ:IKNX)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to TeraWulf Inc. Under the terms of the agreement, each outstanding share of IKONICS common stock will receive $5.00 in cash, one Contingent Value Right, and one share of the combined company's common stock.If you are an IKONICS shareholder, click here to learn more about your rights and options. Suncrest Bank (OTCQX:SBKK)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to CVB Financial Corp. Pursuant to the agreement, each share of Suncrest common stock will receive 0.6970 shares of CVB Financial common stock and $2.69 per share in cash. Suncrest shareholders are expected to own approximately 6% of CVB Financial's outstanding common stock following the merger. If you are a Suncrest shareholder, click here to learn more about your rights and options. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com. Story continues Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Halper Sadeh LLP Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com SOURCE: Halper Sadeh LLP View source version on accesswire.com: https://www.accesswire.com/667933/SHAREHOLDER-INVESTIGATION-Halper-Sadeh-LLP-Investigates-CXP-VNE-IKNX-SBKK-Shareholders-are-Encouraged-to-Contact-the-Firm
CXP IKNX SBKK VNE | finance.yahoo | about 4 years ago | Neutral

STOCKHOLDER ALERT: Monteverde & Associates PC Continues to Investigate the Following MergerNEW YORK, NY / ACCESSWIRE / October 12, 2021 /Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investig...
NEW YORK, NY / ACCESSWIRE / October 12, 2021 /Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating: VICI Properties, Inc. (NYSE:VICI) relating to its proposed merger with MGM Growth Properties LLC (MGP). Under the terms of the agreement, MGP shareholders will receive 1.366 shares of VICI per share they own. Click here for more information: https://www.monteverdelaw.com/case/vici-properties-inc-0. It is free and there is no cost or obligation to you. Echo Global Logistics, Inc. (NASDAQ:ECHO) relating to its proposed acquisition by The Jordan Company, LP. Under the terms of the agreement, ECHO shareholders are expected to receive $48.25 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/echo-global-logistics-inc. It is free and there is no cost or obligation to you. IKONICS Corp. (NASDAQ:IKNX) relating to its proposed acquisition by TeraWulf, Inc. Under the terms of the agreement, IKNX shareholders will receive $5.00 in cash, one contingent value right, and one share of the newly combined company per share they own. Click here for more information: http://monteverdelaw.com/case/ikonics-corp. It is free and there is no cost or obligation to you. A picture containing drawing, tableDescription automatically generated About Monteverde & Associates PC We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2020 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2020 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, over the years the firm has recovered or secured over a dozen cash common funds for shareholders in mergers & acquisitions class action cases. Story continues If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341. Contact: Juan E. Monteverde, Esq. MONTEVERDE & ASSOCIATES PC The Empire State Building 350 Fifth Ave. Suite 4405 New York, NY 10118 United States of America jmonteverde@monteverdelaw.com Tel: (212) 971-1341 Attorney Advertising. (C) 2021 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter. SOURCE: Monteverde & Associates PC View source version on accesswire.com: https://www.accesswire.com/667828/STOCKHOLDER-ALERT-Monteverde-Associates-PC-Continues-to-Investigate-the-Following-Merger
ECHO IKNX VICI | finance.yahoo | about 4 years ago | Neutral

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ECHO, RBNC, CLDB, BCEI, IKNX; Shareholders are Encouraged to Contact the FirmNEW YORK, Oct. 7, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: logo (PRNewsfoto/Halper Sadeh LLP) Echo Global Logistics, Inc.(NASDAQ: ECHO) concerning potential violations of the federal securities laws and/or breac...
NEW YORK, Oct. 7, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: logo (PRNewsfoto/Halper Sadeh LLP) Echo Global Logistics, Inc.(NASDAQ: ECHO) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to funds managed by The Jordan Company, L.P. for $48.25 per share in cash. If you are an Echo shareholder, click here to learn more about your rights and options. Reliant Bancorp, Inc.(NASDAQ: RBNC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to United Community Banks, Inc. Under the terms of the merger agreement, Reliant shareholders will receive 0.9842 shares of United common stock for each share of Reliant common stock outstanding. If you are a Reliant shareholder, click here to learn more about your rights and options. Cortland Bancorp Inc.(NASDAQ: CLDB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Farmers National Banc Corp. Pursuant to the merger agreement, Cortland shareholders may elect to receive either $28.00 per share in cash or 1.75 shares of Farmers' common stock, subject to an overall limitation of 75% of the shares being exchanged for Farmers shares and 25% for cash. If you are a Cortland Bancorp shareholder, click here to learn more about your rights and options. Bonanza Creek Energy, Inc. (NYSE: BCEI) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Extraction Oil & Gas, Inc. Extraction shareholders will receive Bonanza Creek common shares in connection with the merger. Upon completion of the transaction, Bonanza Creek shareholders will own approximately 50% of the combined company, to be named Civitas Resources, Inc. If you are a Bonanza Creek shareholder, click here to learn more about your rights and options. Story continues IKONICS Corporation (NASDAQ: IKNX) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to TeraWulf Inc. Under the terms of the agreement, each outstanding share of IKONICS common stock will receive $5.00 in cash, one Contingent Value Right, and one share of the combined company's common stock. If you are an IKONICS shareholder, click here to learn more about your rights and options. Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com. Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Halper Sadeh LLP Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-investigation-halper-sadeh-llp-investigates-echo-rbnc-cldb-bcei-iknx-shareholders-are-encouraged-to-contact-the-firm-301395507.html SOURCE Halper Sadeh LLP
BCEI CLDB ECHO IKNX RBNC | finance.yahoo | about 4 years ago | Neutral

INVESTOR ALERT: Monteverde & Associates PC Continues to Investigate the Following MergerNEW YORK, NY / ACCESSWIRE / October 6, 2021 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investig...
NEW YORK, NY / ACCESSWIRE / October 6, 2021 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating: Retail Properties of America, Inc. (NYSE:RPAI) relating to its proposed acquisition by Kite Realty Group Trust. Under the terms of the agreement, RPAI shareholders will receive 0.6230 shares of Kite per share they own. Click here for more information: http://monteverdelaw.com/case/retail-properties-america-inc. It is free and there is no cost or obligation to you. IKONICS Corp. (NASDAQ:IKNX) relating to its proposed acquisition by TeraWulf, Inc. Under the terms of the agreement, IKNX shareholders will receive $5.00 in cash, one contingent value right, and one share of the newly combined company per share they own. Click here for more information: http://monteverdelaw.com/case/ikonics-corp. It is free and there is no cost or obligation to you. Reliant Bancorp, Inc. (NASDAQ:RBNC) relating to its proposed acquisition by United Community Banks, Inc. (UCBI) Under the terms of the agreement, RBNC shareholders will receive 0.9842 shares of UCBI per share they own. Click here for more information: https://www.monteverdelaw.com/case/reliant-bancorp-inc. It is free and there is no cost or obligation to you. A picture containing drawing, tableDescription automatically generated About Monteverde & Associates PC We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2020 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2020 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, over the years the firm has recovered or secured over a dozen cash common funds for shareholders in mergers & acquisitions class action cases. Story continues If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341. CONTACT: Juan E. Monteverde, Esq. MONTEVERDE & ASSOCIATES PC The Empire State Building 350 Fifth Ave. Suite 4405 New York, NY 10118 United States of America jmonteverde@monteverdelaw.com Tel: (212) 971-1341 Attorney Advertising. (C) 2021 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter. SOURCE: Monteverde & Associates PC View source version on accesswire.com: https://www.accesswire.com/667095/INVESTOR-ALERT-Monteverde-Associates-PC-Continues-to-Investigate-the-Following-Merger
IKNX RBNC RPAI | finance.yahoo | about 4 years ago | Neutral

Lifshitz Law Firm, P.C. Announces Investigation of IKNX, INOV, VICI, and VEINEW YORK, NY / ACCESSWIRE / October 6, 2021 / IKONICS Corporation (NasdaqGS:IKNX) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of IKNX to TeraWulf, Inc. for $5.00 in cash per share of IKNX owned. If you are an investor, and w...
NEW YORK, NY / ACCESSWIRE / October 6, 2021 / IKONICS Corporation (NasdaqGS:IKNX) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of IKNX to TeraWulf, Inc. for $5.00 in cash per share of IKNX owned. If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com. Inovalon Holdings, Inc. (NasdaqGS:INOV) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of INOV to an equity consortium led by Nordic Capital for $41.00 in cash per share of INOV owned. If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com. VICI Properties Inc. (NYSE:VICI) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of VICI with MGM Growth Properties LLC. Under the terms of the merger agreement, MGM shareholders will receive 1.366 shares of VICI stock for each share of MGM they own. If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com. Vine Energy Inc. (NYSE:VEI) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the acquisition of VEI by Chesapeake Energy Corporation. Under the terms of the merger agreement, VEI shareholders will receive 0.2486 shares of Chesapeake common stock and $1.20 in cash for each share of VEI they own. If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com. Story continues ATTORNEY ADVERTISING.© 2021 Lifshitz Law Firm, P.C. The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter. CONTACT: Joshua M. Lifshitz, Esq. Lifshitz Law Firm, P.C. Phone: 516-493-9780 Facsimile: 516-280-7376 Email: info@jlclasslaw.com SOURCE: Lifshitz Law Firm, P.C. View source version on accesswire.com: https://www.accesswire.com/667046/Lifshitz-Law-Firm-PC-Announces-Investigation-of-IKNX-INOV-VICI-and-VEI
IKNX INOV VEI VICI | finance.yahoo | about 4 years ago | Neutral

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates CSOD, IKNX, MDLA, SAFM; Shareholders are Encouraged to Contact the FirmNEW YORK, NY / ACCESSWIRE / October 4, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Cornerstone OnDemand, Inc. (NASDAQ:CSOD)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relati...
NEW YORK, NY / ACCESSWIRE / October 4, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Cornerstone OnDemand, Inc. (NASDAQ:CSOD)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Clearlake Capital Group, L.P. for $57.50 per share in cash. If you are a Cornerstone OnDemand shareholder, click here to learn more about your rights and options. IKONICS Corporation (NASDAQ:IKNX)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to TeraWulf Inc. Under the terms of the agreement, each outstanding share of IKONICS common stock will receive $5.00 in cash, one Contingent Value Right, and one share of the combined company's common stock.If you are an IKONICS shareholder, click here to learn more about your rights and options. Medallia, Inc. (NYSE:MDLA)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $34.00 per share in cash.If you are a Medallia shareholder, click here to learn more about your rights and options. Sanderson Farms, Inc. (NASDAQ:SAFM)concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Cargill and Continental Grain Company for $203.00 per share in cash. If you are a Sanderson Farms shareholder, click here to learn more about your rights and options. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com. Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Story continues Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Halper Sadeh LLP Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com SOURCE: Halper Sadeh LLP View source version on accesswire.com: https://www.accesswire.com/666604/SHAREHOLDER-INVESTIGATION-Halper-Sadeh-LLP-Investigates-CSOD-IKNX-MDLA-SAFM-Shareholders-are-Encouraged-to-Contact-the-Firm
CSOD IKNX MDLA SAFM | finance.yahoo | about 4 years ago | Neutral

Profile

IKONICS Corporation (IKNX)

IKONICS Corporation develops, manufactures, and sells photosensitive liquids and films for screen printing, awards and recognition, and dye sublimation markets worldwide. It operates through four segments: Chromaline, IKONICS Imaging, Digital Texturing, and Advanced Material Solutions. The company sells screen printing films, emulsions, and inkjet receptive films, photo resistant films, art supplies, glass, and related abrasive etching equipment to end users and distributors. It also provides sound deadening and weight reduction technology to the aerospace and electronics industries; products and services for etched composites, ceramics, glass, and silicon wafers; and digital texturing technology for putting patterns and textures into steel molds for the plastic injection molding and prototyping. IKONICS Corporation markets and sells its products directly, as well as through domestic and international distributors, magazine advertising, trade shows, and the internet. The company was formerly known as The Chromaline Corporation and changed its name to IKONICS Corporation in December 2002. IKONICS Corporation was founded in 1952 and is based in Duluth, Minnesota.

Exchange: NASDAQ

IPO Date: 7/24/1995

Sector: Basic Materials

Industry: Specialty Chemicals

Employees: 58

Address: 4832 Grand Avenue, Duluth, MN, United States, 55807

https://www.ikonics.com

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