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Day: April 21, 2020

Kaiser Aluminum Corporation Announces Proposed Private Placement of New Senior Notes

FOOTHILL RANCH, Calif., April 21, 2020 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (Nasdaq:KALU) announced today that it plans to offer $300.0 million aggregate principal amount of senior notes due 2025 (the “notes”) in a private transaction that is exempt from the registration requirements of the Securities Act of 1933 (the “Act”).The notes will be guaranteed by each of Kaiser Aluminum’s existing and future domestic subsidiaries that is a borrower or guarantor under Kaiser Aluminum’s revolving credit facility.Kaiser Aluminum intends to use the net proceeds from the offering of the notes for general corporate purposes, which may include, among other things, capital spending and acquisitions.The notes and the related guarantees have not been and will not be registered under the Act or the securities laws of any other place and...

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One Stop Systems Announces Debt Financing

ESCONDIDO, Calif., April 21, 2020 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (Nasdaq: OSS), a leader in specialized high-performance edge computing, has entered into definitive agreements in an S-3 registered offering with an institutional investor for the purchase of up to $6 million of the company’s senior secured convertible notes.The notes have a fixed conversion price of $2.50 for the first six months, which represents a premium above the closing price of the company’s common stock on Monday, April 20, 2020, after which time the fixed conversion price may reset to a 135% premium to the VWAP on such six month anniversary date or $2.50, whichever is lower. The notes have a 10% original issue discount.The initial closing will be for an aggregate principal amount of $3 million, with the company having the option for additional closings...

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Conversion Labs Reports Preliminary First Quarter 2020 Revenue Up 60% to Record $4.3 Million

NEW YORK, April 21, 2020 (GLOBE NEWSWIRE) — Conversion Labs, Inc. (OTCQB: CVLB), a direct-to-consumer telemedicine and wellness company, reported preliminary unaudited revenue of approximately $4.3 million for the first quarter ended March 31, 2020, up 60% compared to the same year-ago period.“Our record growth in the first quarter was primarily due to new customers and increased subscription revenue generated from our expanding portfolio of telemedicine, online pharmacy and wellness brands,” said Justin Schreiber, president and CEO of Conversion Labs.“This momentum has continued into the current quarter, as we continue to invest in customer acquisition and brand development. In fact, in the last month our business has more than doubled over the previous month, driven by a major consumer shift to eCommerce and telemedicine following...

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Simmons Reports First Quarter 2020 Earnings

PINE BLUFF, Ark., April 21, 2020 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (the “Company” or “Simmons”) today announced net income of $77.2 million for the quarter ended March 31, 2020, compared to $47.7 million for the same period in 2019, an increase of $29.5 million, or 61.9%. Diluted earnings per share were $0.68, an increase of $0.17, or 33.3%, compared to the same period in the prior year. Included in first quarter 2020 results were $965,000 in net after-tax merger-related and branch right-sizing costs as well as a $4.4 million after-tax gain associated with the sale of branches in south Texas.Excluding the impact of these items, core earnings were $73.8 million for the quarter ended March 31, 2020, compared to $49.1 million for the quarter ended March 31, 2019, an increase of $24.8 million, or 50.5%....

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BankFinancial Corporation Declares Cash Dividend

BURR RIDGE, Ill., April 21, 2020 (GLOBE NEWSWIRE) — BankFinancial Corporation (Nasdaq – BFIN) announced that on April 20, 2020 its Board of Directors declared a cash dividend of $0.10 per common share. The dividend will be payable on May 22, 2020 to stockholders of record on May 6, 2020.BankFinancial Corporation is the holding company for BankFinancial, NA, a full-service, community-oriented bank providing financial services to individuals, families and businesses through 19 full-service banking offices, located in Cook, DuPage, Lake and Will Counties, Illinois. At March 31, 2020, BankFinancial had total assets of $1.450 billion, total loans of $1.148 billion, total deposits of $1.254 billion and stockholders’ equity of $173 million. BankFinancial Corporation’s common stock trades on the Nasdaq Global Select Market under the symbol...

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AMMO, Inc. Reports Preliminary Fourth Quarter and Fiscal Year 2020 Results

SCOTTSDALE, Ariz., April 21, 2020 (GLOBE NEWSWIRE) — AMMO, Inc. (OTCQB: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is providing selected preliminary unaudited results for its fourth quarter and fiscal year ended March 31, 2020.Based on preliminary unaudited information, AMMO expects to report approximately $4.5 million in revenue for the fourth quarter of fiscal 2020, which is a 230% increase compared to $1.4 million in the fourth quarter of fiscal 2019 and a 62% sequential increase from third quarter of fiscal 2020. Revenue for the month of March was approximately $2.9 million, which represents 65% of total revenue for the entire quarter. Revenue generated in the month of March 2020 was 6% higher than the total revenue for the entire third quarter of...

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First Solar Signs Solar, Storage PPAs with California’s Monterey Bay Community Power & Silicon Valley Clean Energy

TEMPE, Ariz. and SAN FRANCISCO, April 21, 2020 (GLOBE NEWSWIRE) — US-headquartered First Solar, Inc. (Nasdaq: FSLR) today announced that it has signed two 15-year Power Purchase Agreements (PPAs) with Community Choice Aggregators (CCAs), Monterey Bay Community Power (MBCP) and Silicon Valley Clean Energy (SVCE).Under the PPAs, both agencies will buy electricity from the Rabbitbrush Solar project developed by First Solar in Kern County, California. The 100-megawatt (MW)AC photovoltaic (PV) solar plant, scheduled to be completed in the second quarter of 2022, will also feature 20MW of battery storage capacity, capable of delivering electricity for 2.5 hours.“We are delighted to partner with First Solar to add to our growing solar generation and battery storage portfolio,” said Tom Habashi, Chief Executive Officer, MBCP. “Responsibly...

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Eezy Plc: Organisation of the Board of Directors

EEZY PLC  —  COMPANY ANNOUNCEMENT  —  21 APRIL 2020 AT 15.05Organisation of the Board of Directors of Eezy PlcThe organisational meeting of Eezy Plc Board of Directors was held today, 21 April 2020. The Board of Directors elected Tapio Pajuharju as its Chairman.Liisa Harjula was elected as Chairman of the Audit Committee and Jarno Suominen and Kati Hagros as members of the Audit Committee.Further information:Hannu NymanCFOhannu.nyman@eezy.fitel. +358 (0)50 306 9913Certified Advisor:Danske Bank A/S, Finland Branch, tel. +358 (0)10 546 7934

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