Tag: equity

ISS and Glass Lewis Recognize Medallion’s Successful Business Transformation

MIAMI, June 02, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for June 2026 of $0.0833 per share, comprised of an $0.08 per share base dividend and $0.0033 per share supplemental dividend, payable on July 1, 2026 to stockholders of record as of June 15, 2026. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

SALT LAKE CITY, June 02, 2026 (GLOBE NEWSWIRE) -- Bridge Investment Group (“Bridge”) today announced that it has completed fundraising for the Bridge Logistics Value Fund II (“BLV II” or the “Fund”), raising nearly $1.4 billion in equity commitments for the Fund and parallel vehicles, exceeding their $1 billion target.

Solid operations and strong position in the first quarter

GARDENA, California, June 02, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today highlighted its financial results for its first quarter ended March 31, 2026, which the Company disclosed by its quarterly report on Form 10-Q with the Securities and Exchange Commission on May 20, 2026, and its recent operational progress. The quarter reflected substantial year-over-year gains in gross margin, operating results, and balance sheet strength, supported by a $3.7 million sales order backlog as of March 31, 2026.