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ATLANTA, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (Nasdaq: PESI) (“Perma-Fix” or the “Company”), an environmental and environmental technology know-how company, today announced that it has commenced an underwritten public offering of shares of its common stock. The proposed offering is subject to market and other conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the proposed offering. Perma-Fix intends to use the net proceeds from the offering to fund (i) continued R&D and business development relating to the Company’s patent-pending Perma-FAS process for the destruction of PFAS, as well as the cost of installing at least one second-generation Perma-FAS commercial treatment unit; (ii) ongoing facility cap-ex and maintenance costs; as well as (iii) general corporate and working capital purposes. Craig-Hallum is acting as sole managing underwriter for the proposed offering. The shares described above are being offered by Perma-Fix pursuant to a shelf registration statement on Form S-3 (File No. 333-283555), including a base prospectus, that was filed with the Securities and Exchange Commission (SEC) and declared effective on December 12, 2024. The proposed offering is being made only by means of a prospectus supplement and the accompanying prospectus that will form a part of the registration statement. A preliminary prospectus supplement and accompanying prospectus relating to this offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov . When available, copies of the preliminary prospectus supplement and the accompanying prospectus relating to the proposed offering may be obtained from Craig-Hallum Capital Group LLC, Attention: Equity Capital Markets, 222 South Ninth Street, Suite 350, Minneapolis, MN 55402, by telephone at (612) 334-6300 or by email at prospectus@chlm.com . The final terms of the proposed offering will be disclosed in a final prospectus supplement to be filed with the SEC. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. About Perma-Fix Perma-Fix is a nuclear services company and leading provider of nuclear and mixed waste management services. The Company’s nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs and institutions, federal agencies, including the U.S. Department of Energy (“DOE”), the U.S. Department of Defense (“DOD”), and the commercial nuclear industry. The Company’s nuclear services group provides project management, waste management, environmental restoration, decontamination and decommissioning, new build construction, and radiological protection, safety and industrial hygiene capability to our clients. The Company operates four nuclear waste treatment facilities and provides nuclear services at DOE, DOD and commercial facilities, nationwide. Please visit us at http://www.perma-fix.com . Forward-Looking Statements This press release contains “forward-looking statements” which are based largely on the Company’s expectations and are subject to various business risks and uncertainties, certain of which are beyond the Company's control. Forward-looking statements generally are identifiable by use of the words such as “believe”, “expects”, “intends”, “anticipate”, “plan to”, “estimates”, “projects” and similar expressions. Forward-looking statements include, but are not limited to: the Company’s ability to satisfy the closing conditions related to the offering and the overall timing and completion of such closing and the use of the net proceeds of the offering; accepting commercial waste for destruction before the end of the year; well positioned; treatment of effluent from DFLAW facility; and cost-effective solution for Hanford site tank waste. While the Company believes the expectations reflected in this news release are reasonable, it can give no assurance such expectations will prove to be correct. There are a variety of factors which could cause future outcomes to differ materially from those described in this release, including, without limitation, future economic conditions; industry conditions; competitive pressures; our ability to apply and market our new technologies; the government or such other party to a contract granted to us fails to abide by or comply with the contract or to deliver waste as anticipated under the contract or terminates existing contracts; Congress fails to provides funding for the DOD’s and DOE’s remediation projects; inability to obtain new foreign and domestic remediation contracts; and the additional factors referred to under “Risk Factors” and “Special Note Regarding Forward-Looking Statements” of our 2023 Form 10-K and Form 10-Qs for quarters ended March 31, 2024, June 30, 2024 and September 30, 2024. The Company makes no commitment to disclose any revisions to forward-looking statements, or any facts, events or circumstances after the date hereof that bear upon forward-looking statements. Contacts David K. Waldman-US Investor Relations Crescendo Communications, LLC (212) 671-1021 Herbert Strauss-European Investor Relations herbert@eu-ir.com +43 316 296 316
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OAKLAND, Calif. , Dec. 2, 2024 /PRNewswire/ -- On November 29, 2024 , PG&E Corporation (NYSE: PCG) declared its fourth-quarter 2024 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on January 15, 2025 , to shareholders of record as of December 31, 2024 . In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending January 31, 2025 , to be payable on February 15, 2025 , to shareholders of record as of January 31, 2025 . PG&E will pay dividends on its eight series of preferred stock as follows: First Preferred Stock, $25 Par Value Quarterly Dividend to be Paid Per Share Redeemable 5.00 % $0.31250 5.00% Series A $0.31250 4.80 % $0.30000 4.50 % $0.28125 4.36 % $0.27250 Non-Redeemable 6.00 % $0.37500 5.50 % $0.34375 5.00 % $0.31250 About PG&E Corporation PG&E Corporation (NYSE: PCG) is a holding company headquartered in Oakland, California . It is the parent company of Pacific Gas and Electric Company, an energy company that serves 16 million Californians across a 70,000-square-mile service area in Northern and Central California . For more information, visit http://www.pgecorp.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/dates-set-for-pge-quarterly-stock-dividends-302319353.html SOURCE PG&E CorporationIbotta director Thomas Lehrman sells $4.7 million in stock
Some Atlantic City casino workers call on union boss to resign for opposing a smoking banPresident-elect Donald Trump is reportedly set to nominate Stephen Feinberg, a billionaire defense industry investor and major Trump megadonor—despite his lack of military or organizational leadership experience—for the second-highest position at the U.S. Department of Defense, Deputy Defense Secretary. The Washington Post first broke the news on Tuesday afternoon, which comes as Trump’s pick for U.S. Secretary of Defense, Fox News weekend host Pete Hegseth, faces mounting criticism and negative press amid numerous scandals including alleged sexual assault, “aggressive drunkenness,” and financial mismanagement of veterans’ organizations. Trump has already offered the job to Feinberg, according to the Post, calling it “a decision that could elevate a longtime political supporter with investments in defense companies that maintain lucrative Pentagon contracts.” “Feinberg is the co-CEO of Cerberus Capital Management, which has invested in hypersonic missiles and which previously owned the private military contractor DynCorp,” the Post reports. “DynCorp was acquired by another defense firm, Amentum, in 2020. During the first Trump administration, Feinberg led the President’s Intelligence Advisory Board, which provides the U.S. leader advice on intelligence assessments and estimates and counterintelligence matters.” ALSO READ: Will Trump back the FBI’s battle against domestic extremists? He won’t say. “The deputy defense secretary typically manages day-to-day operations of the massive bureaucracy with a combined workforce of more than 3 million service members and civilian employees,” the Post explained. The current Deputy Defense Secretary is Kathleen Hicks. She holds a master’s in national security studies, and her PhD in political science from the Massachusetts Institute of Technology (MIT). Hicks started her career at the Pentagon as a civil servant in 1993. For three years she was a senior fellow at the Center for Strategic and International Studies (CSIS) before returning to the Pentagon under President Barack Obama in 2009. She has served as Deputy Undersecretary of Defense for strategy, plans, and forces, and Principal Deputy Under Secretary of Defense for policy. In 2020, President-elect Joe Biden chose Hicks to lead “the 23-person agency review team’s assessment of defense and national-security related issues,” Defense Daily reported. “These teams are composed of highly experienced and talented professionals with deep backgrounds in crucial policy areas across the federal government. The teams have been crafted to ensure they not only reflect the values and priorities of the incoming administration, but reflect the diversity of perspectives crucial for addressing America’s most urgent and complex challenges,” the Biden transition team said in a statement, according to Defense Daily. Feinberg has a bachelors’ from Princeton. In 2021, The New York Times reported that the four Saudis “who participated in the 2018 killing of the Washington Post journalist Jamal Khashoggi received paramilitary training in the United States the previous year under a contract approved by the State Department, according to documents and people familiar with the arrangement.” “The training was provided by the Arkansas-based security company Tier 1 Group, which is owned by the private equity firm Cerberus Capital Management,” the Times reported. In July of 2017, a New York Times report noted Feinberg’s ties to the now far-right podcaster and political strategist Steve Bannon, and Trump son-in-law Jared Kushner. “Erik D. Prince, a founder of the private security firm Blackwater Worldwide , and Stephen A. Feinberg, a billionaire financier who owns the giant military contractor DynCorp International, have developed proposals to rely on contractors instead of American troops in Afghanistan at the behest of Stephen K. Bannon, Mr. Trump’s chief strategist, and Jared Kushner, his senior adviser and son-in-law, according to people briefed on the conversations.” A 2012 Rolling Stone profile of then-presidential candidate Mitt Romney, included this statement from Feinberg. “’We try to hide religiously,’ explained Steven [sic] Feinberg, the CEO of a takeover firm called Cerberus Capital Management that recently drove one of its targets into bankruptcy after saddling it with $2.3 billion in debt. ‘If anyone at Cerberus has his picture in the paper and a picture of his apartment, we will do more than fire that person,’ Feinberg told shareholders in 2007. ‘We will kill him. The jail sentence will be worth it.’ ”
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Palantir, Anduril sign partnership for AI training in defenseCHICAGO — The Illinois Department of Financial and Professional Regulation launched a new online licensing system this fall, the first phase in a plan to modernize the management and licensing process for service providers across the state. The system improvements are part of efforts to make doing business easier and more efficient for Illinois service providers, the department said. The Comprehensive Online Regulatory Environment, or CORE, opened on Oct. 30, nearly a year after the Illinois General Assembly passed House Bill 2394, a measure authorizing the IDFPR to upgrade its antiquated system that had led to long waiting periods for licensing and renewals. The new system will “eliminate the need for paper applications, give applicants more control over their application materials, and help prevent deficient applications from being submitted,” according to a statement from IDFPR. The agency calls CORE the first part of a multiphase approach by IDFPR to, over the next two years, ensure applications for more than 300 license types and records for more than 1.2 million professionals are properly transitioned. The first professions to be licensed under the new system are clinical psychologists, music therapists and nail technicians. “Everyone wanting to earn a living in Illinois in the 21st century should have tools of the times available so they can be licensed and get to work as soon as possible,” IDFPR Secretary Mario Treto Jr., said in the statement. Music therapists On May 27, 2022, Gov. JB Pritzker signed Senate Bill 2243, which created a music therapy license for Illinois practitioners within the IDFPR. Music therapy is a form of treatment that incorporates “clinical & evidence-based use of music interventions to accomplish individualized goals within a therapeutic relationship” according to the American Music Therapy Association website. “We have been waiting for 2 1/2 years since our bill was passed for this new system to come,” said Mia Iliopoulos Krings, president of the Illinois Association for Music Therapy, in an interview. Instead of immediately allowing music therapists to apply for a license two years ago, Krings said that the department “didn't want to put us in the old system for us to just have to go into the new system.” Since the system’s launch, Krings praised how easy and efficient it was to complete the application process. “They have been working incredibly fast and efficiently in getting everything back to us. For example, I applied on Friday night on Nov. 1. I heard back by 8:30 a.m. Monday morning,” Krings said. She said her fellow music therapists posted their issued licenses on Facebook and shared similar experiences of a rapid response. Krings’ experience now is vastly different from what many Illinois professionals experienced in the past. Panache Perkins, director and an instructor of Your School of Beauty in Chicago’s Bronzeville neighborhood, said that before the digitization, the IDFPR was “still in 1997,” with “old school” public servants stacking “pieces of paper applications into a 75-year-old filing system.” “They (IDFPR) lose paperwork all the time, because they don’t have the right system,” she said. With new integrated software and technology services provided by Tyler Technologies, however, the department’s CORE system will “notify prospective licensees directly within the system when applications are received, reviewed, and licenses are issued by the department—eliminating the need for paper mail and email responses,” according to IDFPR’s statement. Financial barriers for business The IDFPR’s mission is “to protect the residents of Illinois” through licensing and regulating industries and professions that offer services to the public. But some say these licenses can serve as a financial barrier to doing business. The initial music therapy license is $400 and renewal costs $300. In preparation for hardships, the Illinois Association for Music Therapists held a benefit concert to raise funds to help pay for the licenses for members in need. Two years ago, state lawmakers created the Comprehensive Licensing Information to Minimize Barriers Task Force, or CLIMB, to “investigate how occupational licensing of low-to-moderate-income occupations relates to economic inequities in Illinois and to recommend reforms,” according to a statement from the task force. Last month, CLIMB released a study of their two-year findings, and recommended easing licensing burdens for specific professions. The study recommended that hair braiders, for example, should be exempt from having a license. CLIMB’s research found that “requiring a license to braid hair does not enhance public safety but does disproportionately impact individuals from minority communities,” according to the statement. Perkins said she disagrees with that recommendation. “People’s addiction to social media has changed the (standard) that licensing set. Now everyone thinks they can do it,” she said. She also said braiders may not know proper hair care, how to properly clean their tools or prevent traction alopecia – a type of hair loss caused by tension from tight hair styles. There are 33 states that do not require a license for hair braiders; an increase of 21 from 2016. This includes Indiana, Wisconsin, and Pennsylvania, according to the CLIMB. Perkins said she has been working in the beauty industry since she was 16 years old, noting, “my grandmother inspired me to go into cosmetology.” Perkins’s grandmother, Mildred Dixon, opened Your School of Beauty 66 years ago to train men and women to begin their careers in the beauty industry. Perkins said the beauty industry is among the most essential occupations and that it should be regulated accordingly. “Cosmetologists work closely with products that dermatologists prescribe and recommend. We were also essential during the pandemic,” Perkins said. However, she also acknowledged the state’s antiquated licensing system impacts how cosmetologists are regarded and can run their businesses. She said she doesn’t think licensing is a barrier. “If you can do enough ‘heads’ to pay taxes on your work, then you can pay the money to get your license,” she said, adding that this evokes a larger issue about how people see their futures. “If you’re not trying to get your license,” she said, “you’re also not thinking about your (long-term) future.” Gov. J.B. Pritzker on July 31 signs legislation that will make it illegal for companies hold mandatory meetings in which workers would be subjected to the employer’s views on religious or political matters, including unionization. Treto Nicole Jeanine Johnson is a graduate student in journalism with Northwestern University’s Medill School of Journalism, Media, Integrated Marketing Communications, and a Fellow in its Medill Illinois News Bureau working in partnership with Capitol News Illinois. Capitol News Illinois is a nonprofit, nonpartisan news service that distributes state government coverage to hundreds of news outlets statewide. 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