Day: February 6, 2020
– Financially Transformative Acquisition –– Expected to Significantly Grow Net Income, EBITDA and Operating Cash Flows –– Structure of the Financing Allows for Rapid De-Leveraging –– Provides Financial Flexibility to Pursue Future Business Development Transactions –STOUGHTON, Mass., Feb. 06, 2020 (GLOBE NEWSWIRE) — Collegium Pharmaceutical, Inc. (Nasdaq: COLL), a specialty pharmaceutical company committed to being the leader in responsible pain management, today announced that it has entered into a definitive agreement to acquire the U.S. rights to the Nucynta Franchise from Assertio Therapeutics, Inc. (“Assertio”) for $375.0 million in cash.“Acquiring the full U.S. rights to the Nucynta Franchise is financially transformative for Collegium,” said Joe Ciaffoni,...
HAWKINS, INC. DECLARES QUARTERLY CASH DIVIDEND OF $0.2325 PER SHARE
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MINNEAPOLIS, Minn., Feb. 06, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Hawkins, Inc. (Nasdaq: HWKN), at its meeting on February 6, 2020, declared a quarterly cash dividend of $0.2325 per share payable March 6, 2020, to shareholders of record at the close of business on February 21, 2020. This is the 35th consecutive year the Company has paid cash dividends since it first began paying out dividends in 1985. Hawkins, Inc. distributes, blends and manufactures chemicals and other specialty ingredients for its customers in a wide variety of industries. Headquartered in Roseville, Minnesota, and with 42 facilities in 19 states, the Company creates value for its customers through superb customer service and support, quality products and customized applications.####Contacts:
Jeffrey P. Oldenkamp
Chief Financial...
County Line Energy Corp. (OTC:CYLC) E-Commerce Site Now Active
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Santa Ana, CA, Feb. 06, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — County Line Energy Corp. (“County Line” or the “Company”) (OTC: CYLC) is pleased to announce the completed integration of ecommerce to the main website, www.growboxecosystem.com pursuant to our News Release of December 02, 2019. Customers interested in purchasing the Alpha unit may do so using direct wire or paypal.“I am happy to report we can now begin sales of the Alpha units. I would also like to apologize to those customers and shareholders who have been trying to call. We have only gotten to a limited amount of your calls due to difficulties with our phone system. We’ve resolved the situation. As of today, our new phone number is toll free: 1-877-714-8782. Please note it may...
Lake Shore Bancorp, Inc. Announces Fourth Quarter 2019 Dividend
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DUNKIRK, N.Y., Feb. 06, 2020 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced that the Company’s Board of Directors approved a $0.12 per share cash dividend on its common stock, payable on March 16, 2020, to shareholders of record as of February 24, 2020. Based on the Company’s closing stock price of $15.35 on February 4, 2020, the implied dividend yield for the Company’s common stock is currently 3.13%.On February 5, 2020, Lake Shore, MHC (the “MHC”), which holds 3,636,875 shares, or 61.4% of the Company’s total outstanding common stock, obtained the approval of its members (depositors of Lake Shore Savings Bank) at a special meeting of members to...
ADMA Biologics Announces Proposed $75 Million Public Offering of Common Stock
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RAMSEY, N.J. and BOCA RATON, Fla., Feb. 06, 2020 (GLOBE NEWSWIRE) — ADMA Biologics, Inc. (Nasdaq: ADMA) (“ADMA” or the “Company”) an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases, today announced that it has commenced an $75 million underwritten public offering of its common stock. The Company intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 15 percent of the number of shares of common stock sold in connection with the offering. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering...
Oportun to report fourth quarter and full year 2019 results on Thursday, February 27, 2020
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SAN CARLOS, Calif., Feb. 06, 2020 (GLOBE NEWSWIRE) — Oportun Financial Corporation (“Oportun” or the “Company”) (Nasdaq: OPRT) will release financial results for the fourth quarter and full year 2019 on Thursday, February 27, 2020, after market close. Oportun will host a conference call and earnings webcast to discuss results at 5:00 pm ET / 2:00 pm PT on that day.The dial-in number for the conference call is 877-407-9208 (toll-free) or 201-493-6784 (international). Participants should call in 10 minutes prior to the scheduled start time. A live webcast of the call will be accessible from Oportun’s investor relations website at investor.oportun.com. A replay will be available following the end of the call through Thursday, March 12, 2020, by phone at 844-512-2921 (toll-free) or 412-317-6671 (international),...
Peloton Interactive, Inc. Announces Participation in the Goldman Technology and Internet Conference
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NEW YORK, Feb. 06, 2020 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the Company will be participating in the Goldman Technology and Internet Conference, held at the Palace Hotel in San Francisco, on Tuesday, February 11, 2020, at 3:20 PM PT. Attending for Peloton will be Jill Woodworth, Chief Financial Officer and Alison Brightly, VP of Finance.The audio portion of the presentation will be webcast live over the internet and can be accessed at https://investor.onepeloton.com. An online archive will be available for a period of 90 days following the presentation.About PelotonPeloton is the largest interactive fitness platform in the world with a loyal community of over 2 million Members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique...
Altair to Announce Fourth Quarter and Full Year 2019 Financial Results on February 27, 2020
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TROY, Mich., Feb. 06, 2020 (GLOBE NEWSWIRE) — Altair (Nasdaq: ALTR), a global technology company providing solutions in product development, high-performance computing, and data intelligence, will release its financial results for the fourth quarter and full year of 2019, ended December 31, 2019, after the market close on Thursday, February 27, 2020. On that day, management will hold a conference call and webcast at 4:30 p.m. ET (1:30 p.m. PT) to review and discuss the Company’s results for the fourth quarter and full year. A recorded version of this webcast will be available after the call and accessible at http://investor.altair.com.About AltairAltair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing (HPC) and...
PennantPark Investment Corporation Announces Financial Results for the Quarter Ended December 31, 2019
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NEW YORK, Feb. 06, 2020 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the first fiscal quarter ended December 31, 2019.HIGHLIGHTSQuarter ended December 31, 2019($ in millions, except per share amounts)CONFERENCE CALL AT 10:00 A.M. ET ON FEBRUARY 7, 2020PennantPark Investment Corporation (“we,” “our,” “us” or the “Company”) will host a conference call at 10:00 a.m. (Eastern Time) on Friday, February 7, 2020 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (646) 828-8193. All callers should reference conference ID #6437018 PennantPark Investment...
TPI Composites, Inc. Announces Fourth Quarter & Full Year 2019 Earnings Release Date and Conference Call
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SCOTTSDALE, Ariz., Feb. 06, 2020 (GLOBE NEWSWIRE) — TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its fourth quarter and full year 2019 results after the market close on Thursday, February 27th, 2020, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.The conference call can be accessed live over the phone by dialing 1-877-407-9208, or for international callers, 1-201-493-6784. A replay will be available two hours after the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the live call and the replay is 13698754. The replay will be available until March 5, 2020.Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging...