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Year: 2019

Workday Completes Acquisition of Scout RFP

Leading Strategic Sourcing and Supplier Engagement Platform to Operate as Scout RFP, a Workday CompanyCombination to Help Transform Office of Procurement and Accelerate Workday’s Investment in the Spend Management Market PLEASANTON, Calif., Dec. 09, 2019 (GLOBE NEWSWIRE) — Workday, Inc. (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, has completed its acquisition of Scout RFP, a leading cloud-based platform for strategic sourcing and supplier engagement. With Scout RFP now part of Workday, customers will be able to expand how they plan, execute, analyze, and extend in one system, with a modern source-to-pay solution that helps better optimize spend. The company will operate as Scout RFP, a Workday company. Comments on the News“With Scout RFP now part of Workday, we will equip procurement...

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Immunomedics Announces Closing of Public Offering of Common Stock

MORRIS PLAINS, N.J., Dec. 09, 2019 (GLOBE NEWSWIRE) — Immunomedics, Inc. (NASDAQ: IMMU) (“Immunomedics” or the “Company”), a leading biopharmaceutical company in the area of antibody-drug conjugates (ADC), today announced the closing of its previously announced underwritten public offering of common stock. The total number of shares of common stock sold was 16,428,572, composed of 14,285,715 shares of common stock initially offered and an additional 2,142,857 shares of common stock sold pursuant to the full exercise of the underwriters’ option to purchase additional shares, in each case at a public offering price of $17.50 per share. The total net proceeds from the offering for Immunomedics are estimated to be approximately $272 million, after deducting underwriting discounts and commissions but before deducting other estimated...

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RF Industries Announces Preliminary Unaudited Results for the Fourth Quarter and Fiscal Year 2019 Sales Growth for the Fourth Quarter of 57% and Full Year of 10% Compared to Last Year

SAN DIEGO, CA, Dec. 09, 2019 (GLOBE NEWSWIRE) —  via NEWMEDIAWIRE – RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced selected preliminary unaudited financial results for its fourth quarter and full-year ended October 31, 2019.Select Preliminary Unaudited Fourth Quarter and Full Year Fiscal 2019 Financial ResultsNet sales for the fourth quarter of fiscal 2019 are expected to be approximately $15.5 million, compared to $9.9 million a year ago, an increase of approximately 57% year-over-year. Fiscal 2019 full-year net sales are expected to be approximately $55.3 million, compared to $50.2 million a year ago, an increase of approximately 10% year-over-year. Net income for the fiscal 2019 fourth quarter is expected to be between $700,000 and $800,000, or $0.07...

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Merida Merger Corp. I Announces Separation of Units

NEW YORK, Dec. 09, 2019 (GLOBE NEWSWIRE) — Merida Merger Corp. I (Nasdaq: MCMJU NEO: MMK.UN) (the “Company”) announced today that the Company’s units will be separated and the shares of common stock and warrants included in such units will commence trading on or about December 12, 2019. The common stock and warrants will trade on the Nasdaq Capital Market under the symbols ““MCMJ” and “MCMJW,” respectively, and on the Neo Exchange Inc. under the symbols “MMK.U” and “MMK.WT.U”, respectively.  Once the shares of common stock and warrants commence separate trading, the units will be delisted and no longer trade as a separate security.About Merida Merger Corp. IMerida Merger Corp. I is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization...

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J & J SNACK FOODS CORP. ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDEND

Pennsauken, NJ, Dec. 09, 2019 (GLOBE NEWSWIRE) — J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $.575 per share of its common stock payable on January 7, 2020 to shareholders of record as of the close of business on December 20, 2019.  The cash dividend of $.575 per share represents an increase of 15% from the previous quarterly dividend rate of $.50 per share.J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets. Manufactured and distributed nationwide, our principal products include SUPERPRETZEL, the #1 soft pretzel brand in the world, as well as internationally known ICEE and...

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Espey Declares Regular Quarterly Dividend of $0.25 Per Share

SARATOGA SPRINGS, N.Y., Dec. 09, 2019 (GLOBE NEWSWIRE) — The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has declared a regular quarterly dividend of $0.25 per share.  The dividend will be payable on December 30, 2019 to all shareholders of record on December 23, 2019.Espey’s primary business is the development, design, and production of specialized military and industrial power supplies/transformers.  The Company can be found on the Internet at www.espey.com.  For further information, contact Mr. David O’Neil at (518) 245-4400. Certain statements in this press release are “forward-looking statements” and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements represent the Company’s...

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ARIA Cybersecurity Solutions Expands Partner Network with the Addition of HIC Network Security Solutions and SYNACKTEK

BOSTON, Dec. 09, 2019 (GLOBE NEWSWIRE) — ARIA™ Cybersecurity Solutions, a CSPi business (NASDAQ: CSPi), delivers an open, software-defined approach for improved cyber-attack detection and rapid incident response as well as the unique ability to automatically contain attacks within the network, today announced two new resellers of its cybersecurity products – HIC Network Security Solutions and SYNACKTEK. These well-established and respected leaders in the industry will enable ARIA Cybersecurity Solutions to gain access to a new, and growing, number of organizations.HIC Network SecuritySince 2006, HIC Network Security has delivered a mix of cybersecurity services, including professional services, compliance analysis, implementation and assessments for organizations of all sizes. Backed by a team of highly trained and expert engineers,...

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Xebec Announces $20 Million Bought Deal Public Offering of Common Shares

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.MONTREAL, Dec. 09, 2019 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (“Xebec” or the “Corporation”) (TSXV:XBC) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Desjardins Capital Markets (the “Underwriters”) pursuant to which the Underwriters have agreed to purchase on a bought deal basis 9,524,000 common shares (the “Common Shares”) at a price of $2.10 per Common Share (the “Offering Price”) for aggregate gross proceeds to Xebec of $20,000,400 (the “Offering”).The Corporation has granted the Underwriters an option, exercisable, in whole or in part, at any time until and including 30 days following the closing of the Offering, to purchase up to an additional...

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Xebec annonce un appel public à l’épargne par voie de prise ferme d’actions ordinaires d’une valeur de 20 millions de dollars

IL EST INTERDIT DE DISTRIBUER LE PRÉSENT COMMUNIQUÉ AUX AGENCES DE TRANSMISSION AMÉRICAINES OU DE LE DIFFUSER AUX ÉTATS-UNISMONTRÉAL, 09 déc. 2019 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (« Xebec » ou la « Société ») (TSXV : XBC) est heureuse d’annoncer qu’elle a conclu une entente avec un syndicat de preneurs fermes mené par Desjardins Marché des capitaux (les « preneurs fermes ») aux termes de laquelle les preneurs fermes ont convenu d’acheter par voie de prise ferme 9 524 000 actions ordinaires (les « actions ») à un prix de 2,10 $ par action (le « prix d’offre ») pour un produit brut total à Xebec de 20 000 400 $ (le « placement »).La Société a accordé aux preneurs fermes une option qui peut être exercée, en tout ou en partie, à tout moment jusqu’à la date qui tombe 30 jours après la clôture du placement, inclusivement, leur...

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TDb Split Corp. Announces Overnight Offering

TORONTO, Dec. 09, 2019 (GLOBE NEWSWIRE) — TDb Split Corp. (the “Company”) is pleased to announce it has filed a preliminary short form prospectus in each of the provinces of Canada with respect to an offering of Priority Equity Shares and Class A Shares of the Company. The offering will be co-led by National Bank Financial Inc., CIBC World Markets Inc., Scotia Capital Inc. and will also include a syndicate of dealers.The Priority Equity Shares will be offered at a price of $10.10 per Share to yield 5.19% and the Class A Shares will be offered at a price of $6.15 per Class A Share to yield 9.75%.The closing price on the TSX of each of the Priority Equity Shares and the Class A Shares on December 6, 2019 was $10.23 and $6.34, respectively. Since inception of the Company, the aggregate dividends declared on the Priority Equity Shares...

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