Day: March 27, 2020

INUVO ANNOUNCES $545,000 REGISTERED DIRECT OFFERING

Written by Customer Service on March 27, 2020. Posted in Public Companies.

LITTLE ROCK, Ark., March 27, 2020 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV) today completed the sale of an aggregate of 3,115,000 shares of its common stock at a price of $0.175 per share to purchasers in a registered direct offering without an underwriter or placement agent. Inuvo raised approximately $535,125 in this offering after deducting estimated expenses incurred in connection with the offering.Inuvo plans to use the net proceeds from the offering for working capital.More information about the offering, as well as a copy of the form of Subscription Agreement associated with the offering, can be found in Inuvo’s Current Report on Form 8-K that was filed with the Securities and Exchange Commission (“SEC”) on March 27, 2020 and in the Prospectus Supplement that was filed with the SEC on March 26, 2020.This press...

Kite Realty Group Trust Comments on COVID-19

Written by Customer Service on March 27, 2020. Posted in Public Companies.

INDIANAPOLIS, March 27, 2020 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE:KRG) (“KRG”) issued the following statement on the COVID-19 pandemic.“In the midst of the COVID-19 pandemic, our first priority is the safety of our employees, tenants, stakeholders and communities in which we operate. Our second priority is to stay in close contact with our tenants with the goal of helping them navigate through this unprecedented crisis,” said John A. Kite, Chairman and CEO. “As it relates to KRG, we are grateful for having completed Project Focus in 2019, leaving us with a stronger balance sheet, more liquidity and an improved portfolio.”LiquidityOn March 23, 2020, we provided notice to lenders to borrow funds under our $600 million Credit Facility, bringing the outstanding balance under the Credit Facility to $300 million. We borrowed...

SYSCO AND THE KROGER CO. JOIN FORCES TO MEET CRITICAL FOOD SUPPLY NEEDS AND KEEP ASSOCIATES WORKING

Written by Customer Service on March 27, 2020. Posted in Public Companies.

HOUSTON, March 27, 2020 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) today announced that it has entered into an agreement with The Kroger Co. (NYSE: KR) to provide temporary work opportunities for Sysco associates at certain Kroger distribution centers.Under this agreement, Sysco associates in the United States who have been temporarily furloughed due to the dramatic decline in foodservice demand from the impact of the COVID-19 pandemic, will have the opportunity to work at Kroger locations for 30 days, or more, as agreed upon by both companies.“During these unprecedented times, we are pleased to partner with Kroger, as both of our companies work to respond in an agile manner to meet the rapidly evolving needs of our associates and our communities,” said Kevin Hourican, president and chief executive officer of Sysco. “This agreement...

Hi-Crush Inc. Announces Rescheduled 2020 Annual Stockholder Meeting Date, Intention to Hold Virtual Meeting

Written by Customer Service on March 27, 2020. Posted in Public Companies.

HOUSTON, March 27, 2020 (GLOBE NEWSWIRE) — Hi-Crush Inc. (NYSE: HCR), or the “Company,” today announced that in consideration of ongoing concerns surrounding the COVID-19 pandemic, and uncertainty with respect to the duration of certain travel and gathering restrictions, the board of directors of the Company (the “Board”) has elected to hold the Company’s 2020 Annual Meeting of Stockholders (the “2020 Annual Meeting”) on Friday, May 22, 2020 in a virtual meeting format only. The Board had previously announced an expectation to hold the 2020 Annual Meeting on Wednesday, May 20, 2020, but has determined to reschedule the 2020 Annual Meeting to Friday, May 22, 2020 in order to accommodate the virtual meeting format. Instructions on how to participate in the virtual meeting will be specified in the Company’s proxy statement for the...

NOVA LIFESTYLE, INC. ANNOUNCES DELAY IN FILING FORM 10-K REPORT AND PROVIDES COVID-19 UPDATE

Written by Customer Service on March 27, 2020. Posted in Public Companies.

LOS ANGELES, March 27, 2020 (GLOBE NEWSWIRE) — Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced that the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 (“Annual Report”) will be delayed beyond the required filing date of March 30, 2020 until May 14, 2020; and the Company provided an update on the impact of the COVID-19 outbreak on the Company.Annual Report Filing DateThe Company previously announced that it expected to file its Annual Report within the extension period afforded by Rule 12b-25. As a result of the increasing challenges associated with the COVID-19 outbreak, the Company does not expect to file the Annual Report until May 14, 2020. The Company filed a Current Report on Form 8-K today which outlines the Company’s reliance on the relief...

A. M. CASTLE & CO. ANNOUNCES SUCCESSFUL COMPLETION OF EXCHANGE OFFER TO IMPROVE CAPITAL STRUCTURE AND REDUCE DEBT WITH GREATER THAN 98% PARTICIPATION

Written by Customer Service on March 27, 2020. Posted in Public Companies.

OAK BROOK, Ill., March 27, 2020 (GLOBE NEWSWIRE) — A. M. Castle & Co. (OTCQX: CTAM) (the “Company” or “Castle”), a global distributor of specialty metal and supply chain solutions, announced the successful completion today of its previously announced debt-to-equity exchange to materially enhance its capital structure.Summary of Exchange Capital Structure Improvements and Debt Reduction:Launched February 27, 2020 as a registered exchange offer to all holders of existing 5.0%/7.0% Second Lien Convertible PIK Toggle Notes due August 31, 2022 (“Old Notes”), which totaled approximately $194.0 million at year end. The exchange offer expired at 5:00 p.m., Eastern Time, on March 26, 2020.Greater than 98% of the Old Notes were tendered and accepted in the exchange offer.Including accrued PIK interest on the Old Notes through the closing...

CHAMPIGNON EXPANDS PRECLINICAL PIPELINE WITH MEASURED PSILOCYBIN DOSAGES STUDIES AT UNIVERSITY OF MIAMI

Written by Customer Service on March 27, 2020. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, March 27, 2020 (GLOBE NEWSWIRE) — Champignon Brands Inc. (“Champignon” or the “Company”) (CSE: SHRM) (FWB: 496) (OTC: SHRMF), a health and wellness company specializing in the formulation of medicinal mushrooms health products and novel delivery platforms for the pharmaceutical and nutraceutical industries, has entered into a definitive agreement to acquire Tassili Life Sciences Corp. (“Tassili”), expanding the Company’s preclinical trial pipeline, as well as its aggregation of broad intellectual property (IP) related to the development of novel psychedelics therapeutics and their delivery systems, targeting multiple pathological psychological diseases. Tassili, in partnership with a multidisciplinary team of scientists and physicians at the University of Miami are working to develop effective psilocybin-based...

Champignon Brands élargit son portefeuille d’études précliniques grâce à des études mesurées de dosage de psilocybine à l’Université de Miami

Written by Customer Service on March 27, 2020. Posted in Mergers And Acquisitions.

VANCOUVER, Colombie-Britannique, 27 mars 2020 (GLOBE NEWSWIRE) — Champignon Brands Inc. (« Champignon » ou la « société ») (CSE : SHRM) (FWB : 496) (OTC : SHRMF), une entreprise axée sur le bien-être et spécialisée dans la formulation d’une gamme de produits pour la santé à base de champignons médicinaux ainsi que dans les nouvelles plateformes de livraison pour les industries pharmaceutique et nutraceutique, a conclu une entente définitive pour faire l’acquisition de Tassili Life Sciences Corp. (« Tassili »), élargissant le pipeline d’essais précliniques de la société, ainsi que l’agrégation de propriété intellectuelle (« PI ») liée au développement de nouvelles thérapies psychédéliques ciblant de multiples maladies psychologiques pathologiques. Tassili collabore actuellement avec une équipe multidisciplinaire de scientifiques...

WALMART CANADA ADOPTS SEB’S FLEXPLUS™ AND EQ CARE TO OFFER VIRTUAL HEALTHCARE TO OVER 90,000 ASSOCIATES

Written by Customer Service on March 27, 2020. Posted in Public Companies.

MISSISSAUGA, Ontario, March 27, 2020 (GLOBE NEWSWIRE) — SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (“SEB Inc.”, TSXV:SEB), a leader in health and benefits administration and processing solutions and services, have partnered with virtual healthcare provider EQ Care to make virtual healthcare available to more than 90,000 Walmart Canada associates.ABOUT THE SOLUTIONThe integrated FlexPlus™ and EQ Care virtual healthcare solution will provide Walmart associates easy and secure access to a national network of healthcare practitioners on web and mobile devices at no cost to them. Walmart Canada associates have online access to critical information by trained medical professionals on the coronavirus COVID-19, along with various primary care services, mental health and other forms of specialty...

WALMART CANADA ADOPTE FLEXPLUS(MC) DE SEB ET EQ CARE POUR OFFRIR LA TÉLÉMÉDECINE À PLUS DE 90 000 ASSOCIÉS

Written by Customer Service on March 27, 2020. Posted in Public Companies.

MISSISSAUGA, Ontario, 27 mars 2020 (GLOBE NEWSWIRE) — SEB Administrative Services Inc. (« SEB Admin »), une filiale de Smart Employee Benefits Inc. (« SEB Inc. », TSXV: SEB), un chef de file dans la prestation de solutions et de services d’administration et de traitement des avantages sociaux et des soins de santé, a conclu un partenariat avec le fournisseur de services de santé virtuels EQ Care pour rendre la télémédecine accessible à plus de 90 000 associés de Walmart Canada.À PROPOS DE LA SOLUTIONLa solution de télémédecine combinant FlexPlusMC et EQ Care fournira aux associés de Walmart un accès simple et sûr à un réseau national de professionnels de la santé sur des appareils mobiles ou connectés au Web, sans frais pour eux. Les associés de Walmart Canada auront ainsi accès en ligne à de l’information essentielle sur la maladie...

Day: March 27, 2020

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