FreightCar America (RAIL) Stock

New financing arrangement reduces Company's cost of capital by approximately 40% Further enhances financial flexibility, cash generation and ability to support growth strategy CHICAGO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced it has completed a new term loan facility. The proceeds from the term loan will be used to redeem all outstanding shares of Series C Preferred Stock, as well as settle all related accrued dividends.

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce that it has officially joined the AI Partnerships Corporation (AIP) Affiliate Network. AI Partnerships Corporation (AIP) is a global network of AI SaaS Affiliate companies that fosters collaboration between innovative AI companies and enterprises seeking cutting-edge artificial intelligence solutions.

Vancouver, British Columbia--(Newsfile Corp. - December 9, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce that the Company has closed its previously-disclosed non-brokered private placement (the "Offering") of units of the Company (each, a "Unit"). The Offering consisted of 7,000,000 Units at a price of $0.30 per Unit for gross proceeds of $2,100,000.

Vancouver, British Columbia--(Newsfile Corp. - November 28, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce the non-brokered private placement of up to 7,000,000 units of the Company (each, a "Unit") at a price of $0.30 per Unit for aggregate gross proceeds of up to $2,100,000 (the "Offering") previously announced on November 26, 2024, has been fully subscribed; closing is expected to occur on or before December 6, 2024. Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant").

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) ("Railtown" or the "Company") is pleased to announce a non-brokered private placement of up to 7,000,000 units of the Company (each, a "Unit") at a price of $0.30 per Unit for aggregate gross proceeds of up to $2,100,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant").

CHICAGO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that the Company will present and conduct investor meetings at Noble Capital Markets' Emerging Growth Equity Conference on December 3-4, 2024 in Boca Raton, Florida.

FreightCar America's Q3 2024 results showed a positive EPS surprise but missed revenue targets, causing a 36% drop in share price. Despite market concerns, the drop in share price seems overblown given RAIL's maintained guidance and market share gains. Tariff impacts on steel costs are a concern, but the risk is mitigated by low reliance on Chinese imports.

FreightCar America, Inc. (NASDAQ:RAIL ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Chris O'Dea - Riverton Investor Relations Nicholas Randall - President and Chief Executive officer Mike Riordan - Chief Financial Officer Matthew Tonn - Chief Commercial Officer. Conference Call Participants Mark Reichman - Noble Capital Markets Brendan McCarthy - Sidoti & Company Operator Welcome to FreightCar America's Third Quarter 2014 Earnings Conference Call.

Freightcar America (RAIL) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.14 per share a year ago.