Month: January 2020

MCLEAN, Va., Jan. 21, 2020 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it completed the extension of its existing lease with T-Mobile USA, Inc. (“T-Mobile”) at its 2645 N. Airport Plaza Avenue office property in Springfield, MO.  T-Mobile will occupy the entire building for an additional five years through May 31, 2026.  Gladstone Commercial purchased the property in June 2011. In 2018, Gladstone Commercial expanded the property’s parking lot to help facilitate additional growth for T-Mobile. T-Mobile is an S&P 500 company and a leading communication services provider.  “Our excellent ongoing relationship with the T-Mobile team in Springfield led to their...

JERSEY CITY, N.J., and BOULDER, Colo., Jan. 21, 2020 (GLOBE NEWSWIRE) — Vexcel Imaging, a leader in aerial imagery data, large-format aerial cameras, and photogrammetry software, today signed a definitive agreement to acquire the imagery sourcing group from Verisk’s Geomni business. The acquisition will combine Geomni’s imagery surveying and content-related teams and assets into Vexcel. Verisk (Nasdaq:VRSK), a leading data analytics provider, will be a minority owner in Vexcel with full access to all aerial imagery libraries.The combination of Geomni’s fleet of fixed-wing aircraft and aerial operations, mapping business, and oblique aerial image library together with Vexcel’s sensor business and data program will create the world’s leading geospatial data library.Geomni’s analytics team and assets...

PHILADELPHIA, Jan. 21, 2020 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high-quality upscale, luxury and lifestyle hotels in urban gateway markets and resort destinations, today announced the tax classification of its Priority Class A Common Share (“Common Shares”), Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2019 for Federal income tax reporting purposes.  The tax information provided below should not be construed as tax advice and is not a substitute for careful tax planning and analysis.  Shareholders...

MONTREAL and TORONTO, Jan. 21, 2020 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP”), one of the world’s leading professional services firms and Altus Group Limited (TSX: AIF) (“Altus Group”), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced today that they have agreed, subject to definitive documentation, to combine their respective geomatics business units. The combined entity will be comprised of approximately 750 employees, with offices in Western Canada and Ontario.“We are pleased to announce our intention to form this new company, delivering on our commitment to challenge the status quo and optimize our operations on an ongoing basis,” stated Ryan Brain, President and Chief Executive Officer...

MONTRÉAL et TORONTO, 21 janv. 2020 (GLOBE NEWSWIRE) — Groupe WSP Global Inc. (TSX : WSP) (« WSP ») – l’une des plus importantes sociétés de services professionnels au monde – et Groupe Altus limitée (TSX : AIF) (« Groupe Altus ») – un chef de file en matière de prestation de services-conseils indépendants et de solutions logicielles et de données dans le secteur de l’immobilier commercial mondial– ont annoncé aujourd’hui qu’elles ont convenu, sous réserve de la documentation définitive, de regrouper leur unité de géomatique respective. L’entité combinée, qui comptera environ 750 employés, aura des bureaux dans l’Ouest canadien et en Ontario.«...

BATON ROUGE, La., Jan. 21, 2020 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, today announced that its wholly owned subsidiary, Lamar Media Corp. (“Lamar Media”), intends to redeem in full all $510,000,000 in aggregate principal amount of its outstanding 5 3/8% Senior Notes due 2024 (CUSIP No. ‎513075BH3‎) (the “Notes”), subject to the satisfaction of the Financing Condition (as defined below). The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption.The redemption is conditioned on Lamar Media completing one or more new debt financing transactions totaling at least $1.6 billion‎, or such lesser amount as Lamar Media determines...

SEATTLE, Jan. 21, 2020 (GLOBE NEWSWIRE) — Adaptive Biotechnologies Corporation (Nasdaq:ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, announced today the commencement of a proposed underwritten public offering of 8,000,000 shares of its common stock by certain selling shareholders. In addition, certain selling shareholders expect to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of its common stock in the offering. Adaptive will not receive any of the proceeds from the sale of the shares of its common stock being offered by the selling shareholders. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering...

WEST PALM BEACH, Fla., Jan. 21, 2020 (GLOBE NEWSWIRE) — Fifth Street Asset Management Inc. (OTCPK:FSAM) (“FSAM” or the “Company”) today announced that on January 21, 2020 its Board of Directors declared a cash distribution of $1.18 per share and a distribution in kind of 0.06783 shares of Oaktree Specialty Lending Corporation (NASDAQ:OCSL) per share, in both cases payable on January 30, 2020 to stockholders of record of FSAM Class A Common Stock as of January 21, 2020. NASD UPC (Uniform Practice Code) rule 11140 provides that, in respect to dividends or distributions that are 25 percent or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date. Accordingly, an FSAM investor that sells shares of FSAM common stock prior to the payment...

SHANGHAI, China, and SAN FRANCISCO, Jan. 21, 2020 (GLOBE NEWSWIRE) — Zai Lab Limited (“Zai Lab” or the “Company”) (NASDAQ:ZLAB), a China and U.S.-based innovative commercial stage biopharmaceutical company, today announced that it has commenced an underwritten public offering of 5,500,000 American depositary shares (“ADSs”), each representing one ordinary share of the Company (the “Primary ADS Offering”). In addition, QM11 Limited, a shareholder of the Company, intends to offer 500,000 ADSs of the Company (the “Secondary ADS Offering” and together with the Primary ADS Offering, the “Offering”). Zai Lab and QM11 Limited expect to grant the underwriters a 30-day option to purchase up to 800,000 and 100,000 additional ADSs, respectively. Zai Lab will not receive...

NEW YORK, Jan. 21, 2020 (GLOBE NEWSWIRE) — Applied Therapeutics, Inc. (NASDAQ: APLT) (the “Company”), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced that it plans to make a public offering of 1,750,000 shares of its common stock, par value $0.0001 per share, in an underwritten registered public offering. The Company expects to grant the underwriters a 30-day option to purchase up to 262,500 additional shares of common stock.The Company intends to use the net proceeds from this offering, together with its existing cash and cash equivalents, to advance AT-007 for the treatment of Galactosemia including pre-launch activities and preparing for a potential commercial launch, to fund clinical...