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StoneMor Inc. Expands Partnership With Sympathy Brands Advancing Holistic Family Care Solutions at Cemetery Properties and Funeral Homes

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  • Innovative Solutions & Support, Inc. Announces New Chief Financial Officer

    Jeffrey DiGiovanni brings extensive Public Company CFO experience to the Company Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ:ISSC) today announces that it has appointed Jeffrey DiGiovanni to the position of Chief Financial Officer, effective as of April 8, 2024. "I am pleased to have someone with Jeff's background and accomplishments joining IS&S at this very exciting time in our growth," said Dr. Shahram Askarpour, the Company's Chief Executive Officer, commenting on the appointment. "Jeff is a seasoned public company CFO with experience in SEC filings, financial reporting and acquisitions, as well as capital markets interaction. In addition, his experience c

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    $STON
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  • StoneMor Announces Completion of Merger with Axar Affiliate

    BENSALEM, Pa., Nov. 03, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE:STON) ("StoneMor" or the "Company"), a leading owner and operator of cemeteries and funeral homes, today announced the completion of the merger contemplated by the previously announced Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 24, 2022, by and among the Company, Axar Cemetery Parent Corp. ("Parent"), a Delaware corporation and an indirect wholly-owned subsidiary of Axar Capital Management, LP ("Axar"), and Axar Cemetery Merger Corp., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub was merged with and into the Company (the "Merger"), w

  • Leading Independent Proxy Advisory Firm ISS Recommends StoneMor Stockholders Vote "FOR" the Transaction with Axar Affiliate

    BENSALEM, Pa., Oct. 12, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE:STON) ("StoneMor" or the "Company"), a leading owner and operator of cemeteries and funeral homes, today announced that leading independent proxy advisory firm Institutional Shareholder Services, Inc. ("ISS") has recommended that stockholders vote "FOR" the pending transaction with a subsidiary of Axar Capital Management, LP ("Axar") at the Company's upcoming Special Meeting of Stockholders (the "Special Meeting") scheduled for November 1, 2022. In its October 10, 2022 report, ISS noted1: "The merger consideration is above the estimated values of the fairness opinion….The merger consideration represents a 67.5 percent p

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 Financials

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  • StoneMor Inc. Reports Second Quarter Financial Results

    BENSALEM, Pa., Aug. 11, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE:STON) ("StoneMor" or the "Company"), a leading owner and operator of cemeteries and funeral homes, today reported operating and financial results for the second quarter ended June 30, 2022. Investors are encouraged to read the Company's quarterly report on Form 10-Q when it is filed with the Securities and Exchange Commission (the "SEC"), which will contain additional details, and will be posted at www.stonemor.com. SECOND QUARTER FINANCIAL PERFORMANCE Revenues for the second quarter were $80.0 million compared to $83.0 million in in the second quarter in the prior year. Six-month revenues were $161.0 million compared t

  • StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss 2022 Second Quarter Financial Results

    BENSALEM, Pa., July 28, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE:STON), a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2022 second quarter financial results on Thursday, August 11, 2022 after the market closes. In connection with this announcement, StoneMor plans to hold a conference call to discuss its results later that day at 4:30 p.m. eastern time. This conference call can be accessed by calling (800) 954-0601. No reservation number is necessary; however, it is advised that interested parties access the call-in number 5 to 10 minutes prior to the scheduled start time to avoid delays. StoneMor will also host a live webcast of t

  • Stonemor Inc. Reports First Quarter Financial Results

    BENSALEM, Pa., May 12, 2022 (GLOBE NEWSWIRE) -- StoneMor Inc. (NYSE:STON) ("StoneMor" or the "Company"), a leading owner and operator of cemeteries and funeral homes, today reported operating and financial results for the first quarter ended March 31, 2022. Investors are encouraged to read the Company's quarterly report on Form 10-Q when it is filed with the Securities and Exchange Commission (the "SEC"), which will contain additional details, and will be posted at www.stonemor.com. FIRST QUARTER FINANCIAL PERFORMANCE Revenues for the first quarter were $81.0 million compared to $78.3 million in the first quarter in the prior year.Cemetery segment operating income for the first quarter w

$STON
 Large Ownership Changes

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