Day: February 7, 2020

HOUSTON, Feb. 07, 2020 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (“SAE”) (NASDAQ: SAEX, OTCQB: SXPLW) today announced that it has filed an amended Annual Report on Form 10-K/A for the fiscal year ended December 31, 2018 with the Securities and Exchange Commission (“SEC”). The Annual Report includes restated audited consolidated financial statements as of and for the years ended December 30, 2018 and 2017, as well as restated unaudited interim financial statements for the quarterly periods ended December 31, 2018, September 30, 2018, June 30, 2018, March 31, 2018, December 31, 2017, September 30, 2017, June 30, 2017 and March 31, 2017. SAE has also filed an amended Quarterly Report on Form 10-Q/A for the quarterly period ended March 31, 2019, which includes restated unaudited interim financial statements...

GADSDEN, Ala., Feb. 07, 2020 (GLOBE NEWSWIRE) — The Southern Banc Company, Inc. (OTCBB: SRNN), the holding company for The Southern Bank Company, formerly First Federal Savings and Loan Association of Gadsden, Alabama, announced a net income of approximately $75,000, or $0.10 per basic and diluted share, for the quarter ended December 31, 2019, as compared to a net income of approximately $133,000, or $0.17 per basic and diluted share, for the quarter ended December 31, 2018.  For the six months ended December 31, 2019, the Company recorded net income of approximately $201,000, or $0.26 per basic and diluted share, as compared to net income of approximately $259,000, or $0.34 per basic and diluted share for the six months ended December 31, 2018.Gates Little, President and Chief Executive Officer of the Company stated that the...

   LOS ANGELES, Feb. 07, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline on Friday, February 7th, by Daily Journal Corporation (NASDAQ:DJCO), please note that in the first sentence of the first paragraph, the amount for the consolidated revenues should be $11,677,000, not $11,677,000,000. The corrected release follows:      During the three months ended December 31, 2019, Daily Journal Corporation had consolidated revenues of $11,677,000 as compared with $10,428,000 in the prior year period.  This increase of $1,249,000 was primarily from (i) Journal Technologies’ increased license and maintenance fees of $420,000, consulting fees of $148,000 and public service fees of $748,000, and (ii) the Traditional Business’ increases of government notice advertising net...

SUNNYVALE, Calif., Feb. 07, 2020 (GLOBE NEWSWIRE) — Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the fourth quarter and fiscal year ended January 31, 2020 after the market closes on Thursday, March 5, 2020. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m. Eastern time on that day. The news release with the financial results will be accessible from the company’s website prior to the conference call.Parties in the United States and Canada can access the call by dialing +1 (833) 233-4456, using conference ID “Ooma Fourth Quarter”. International parties can access the call by dialing +1 (647) 689-4135, using conference ID “Ooma Fourth Quarter”.The...

NEW YORK, Feb. 07, 2020 (GLOBE NEWSWIRE) — Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company whose subsidiaries include Ambac Assurance Corporation, a financial guaranty insurance company who guarantees public finance and structured finance obligations, today announced that it will release fourth quarter 2019 results on March 2, 2020 following the close of the market.Conference CallOn March 3, 2020 at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss fourth quarter 2019 results during a live conference call.  A live audio webcast of the call will be available through the Investor Relations section of Ambac’s website, http://ir.ambac.com/events-and-presentations/events.  Participants may...

SAN RAMON, Calif., Feb. 07, 2020 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced that Mark Drury has been appointed Vice President, General Counsel and Corporate Secretary effective February 15, 2020, reporting to Albert G. White, President and Chief Executive Officer. Mr. Drury joined CooperCompanies in January of 2011 and is currently the company’s Deputy General Counsel with responsibility for CooperVision’s global legal function along with certain corporate matters. Mr. Drury succeeds Randal L. Golden who announced his plans to retire after many successful years with the company. As part of a smooth transition, Randy will continue to serve in a legal advisory role until February 1, 2021.“I am very pleased to have Mark join our executive team,” said Mr. White. “Mark has a proven track...

SAN DIEGO, Feb. 07, 2020 (GLOBE NEWSWIRE) — Obalon Therapeutics, Inc. (NASDAQ:OBLN), a vertically integrated weight loss solutions company commercializing the first and only FDA-approved swallowable, gas-filled intragastric balloon system for the treatment of obesity, announces that it has entered into a new common stock purchase agreement and registration rights agreement (together, the “Agreements”) with Lincoln Park Capital Fund, LLC (“LPC”), a Chicago-based institutional investor, for up to $15 million. The new Agreements replace existing agreements between the Company and LPC.Under the terms of the Agreements and following the filing and effectiveness of a registration statement, Obalon will have the right at its sole discretion to sell to LPC up to $15 million worth of...

NEW YORK, Feb. 07, 2020 (GLOBE NEWSWIRE) — Pzena Investment Management, Inc. (NYSE: PZN) today reported its preliminary assets under management as of January 31, 2020.AUM for month-end January 2020, month-end December 2019, and month-end January 2019 are listed below:Pzena Investment Management, Inc.Assets Under Management1($ billions)1 Numbers may be subject to rounding  About PzenaPzena Investment Management, LLC, the firm’s operating company, is a value-oriented investment management firm.  Founded in 1995, Pzena Investment Management has built a diverse, global client base.  More firm and stock information is posted at www.pzena.com.Forward-Looking StatementsThis press release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities...

NESS ZIONA, ISRAEL , Feb. 07, 2020 (GLOBE NEWSWIRE) — Nano Dimension Ltd., a leading additive manufactured electronics (AME) provider (Nasdaq, TASE: NNDM), today announced the closing of its previously announced underwritten public offering of 2,333,000 American Depositary Shares (“ADS”), at a price per ADS to the public of $1.50. The gross proceeds to the Company from this offering were $3,499,500, before deducting underwriting discounts, commissions and other offering expenses, and excluding the exercise of the over-allotment option, if any. Nano Dimension has granted the underwriter a 45-day option to purchase up to 333,700 additional ADSs to cover over-allotments, if any, at the public offering price, less the underwriting discounts and commissions.ThinkEquity, a division of Fordham Financial Management, Inc., acted...

MISSISSAUGA, Ontario, Feb. 07, 2020 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that it is continuing to work on completing the Company’s $20,000,000 private placement financing, which is being provided by a large strategic investor.  The proceeds of the financing will be used to repay term indebtedness of the Company.  The financing was previously announced by press release dated November 5, 2019, December 9, 2019 and January 8, 2020.  The strategic financing transaction is expected to close coincident with the completion of an operating credit facility, which negotiations are in process.Completion of this strategic financing transaction remains subject to approval from the TSX Venture Exchange and consent from the Company’s shareholders.ABOUT...