Grupo Aeroportuario del Pacífico Announces the Ps.1.0 Billion Drawdown From Available Credit Facility

Written by Customer Service on May 18, 2020. Posted in Public Companies.

GUADALAJARA, Mexico, May 18, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) informs regarding the drawdown of Ps. 1.0 billion from a credit facility with BBVA, at a 24-month term, with a fixed rate of 6.99% and principal payment due upon maturity, with a structuring fee of 40 basis points.Proceeds from this loan will be allocated towards the financing of capital investments (CAPEX) and for general corporate purposes.Company DescriptionGrupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes,...

Aðalfundur Haga hf. 9. júní 2020

Written by Customer Service on May 18, 2020. Posted in Public Companies.

Aðalfundur Haga hf., kt. 670203-2120, verður haldinn þriðjudaginn 9. júní 2020 og hefst hann kl. 09:00 á Hilton Reykjavík Nordica, Suðurlandsbraut 2 í Reykjavík.Dagskrá fundarins:Skýrsla stjórnar félagsins um starfsemina á liðnu starfsári.Ársreikningur félagsins fyrir liðið starfsár, ásamt skýrslu endurskoðanda, lagður fram til samþykktar.Ákvörðun um ráðstöfun hagnaðar félagsins á reikningsárinu 2019/20Tillaga að lækkun hlutafjár og breytingu á samþykktum.Grein 2.1 um hlutafé félagsins verði breytt þar sem hlutafé verði lækkað úr kr. 1.213.333.841 að nafnverði í kr. 1.180.624.568 að nafnverði og eigin hlutir, að nafnverði kr. 32.709.273, þannig ógiltir.Ákvörðun um þóknun til stjórnarmanna og undirnefnda.Tillaga stjórnar um starfskjarastefnu og skýrsla starfskjaranefndar.Kosning tilnefningarnefndar.Kosning stjórnar félagsins og endurskoðanda.Ákvörðun...

Akers Biosciences Closes $4.8 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

Written by Customer Service on May 18, 2020. Posted in Public Companies.

Thorofare, New Jersey, May 18, 2020 (GLOBE NEWSWIRE) — Akers Biosciences, Inc. (the “Company”) (NASDAQ: AKER), a developer of rapid health information technologies, today announced the closing of its previously announced registered direct offering of an aggregate of 1,366,856 shares of the Company’s common stock, at a purchase price of $3.53 per share priced at-the-market under Nasdaq rules.H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.The gross proceeds to the Company from this offering was approximately $4.8 million, before deducting the placement agent’s fees and other offering expenses payable by the Company.The shares of common stock were offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-234449) previously filed with the Securities...

GameStop Highlights the Progress Made Executing Its Innovative Business Transformation Plan

Written by Customer Service on May 18, 2020. Posted in Public Companies.

GRAPEVINE, Texas, May 18, 2020 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (the “Company”) today issued a letter to stockholders highlighting the significant progress that it has made advancing GameStop Reboot, its business transformation plan, and the critical importance of having a stable, skilled, and informed Board for continued diligent execution of the plan and the Company’s long-term success. The letter notes that Hestia Capital Partners, LP and Permit Capital Enterprise Fund, LP’s (“Hestia Capital” and “Permit Capital,” or collectively, the “Dissident Stockholders”) campaign distracts from leadership’s ability to continue to execute GameStop Reboot and deliver returns to all stockholders. The letter urges stockholders to use the BLUE proxy card to vote “FOR ALL” of GameStop’s 10 highly qualified director nominees in connection...

FormFactor Announces Participation at Upcoming Conferences

Written by Customer Service on May 18, 2020. Posted in Public Companies.

LIVERMORE, Calif., May 18, 2020 (GLOBE NEWSWIRE) — FormFactor, Inc. (Nasdaq:FORM) is pleased to announce its participation in the following investor conferences:Needham’s 15th Annual Virtual Technology and Media ConferenceDate: May 20th, 2020Presentation Time: 1:00 pm ETCowen 2020 Virtual Technology, Media & Telecom ConferenceDate: May 26th, 2020Presentation Time: 2:10 pm ETCraig-Hallum 17th Annual Institutional Investor ConferenceDate: May 27th, 2020Presentation Time: 1:1s onlyThe public is invited to listen to a live webcast of FormFactor’s presentations, which can be accessed from the investors’ section of the company’s website at www.formfactor.com. Replays of the webcast will also be available at www.formfactor.com.About FormFactor:FormFactor, Inc. (NASDAQ:FORM), is a leading provider of essential test...

Cardtronics to Present at the Needham Technology and Media Conference

Written by Customer Service on May 18, 2020. Posted in Public Companies.

HOUSTON, May 18, 2020 (GLOBE NEWSWIRE) — Cardtronics plc (Nasdaq: CATM) (“Cardtronics” or the “Company”), the world’s largest ATM owner/operator, announced today that the Company will be presenting at the Needham Technology and Media Conference on Wednesday, May 20, 2020. The presentation will begin at 10:45 a.m. ET. Investors and interested parties can access this presentation by visiting the Company’s investor relations website at https://ir.cardtronics.com/.ABOUT CARDTRONICS (NASDAQ: CATM)Cardtronics is the trusted leader in financial self-service, enabling cash transactions at approximately 285,000 ATMs across 10 countries in North America, Europe, Asia-Pacific, and Africa. Leveraging our unmatched scale, expertise and innovation, top-tier merchants and businesses of all sizes use our ATM solutions to drive growth, in-store...

Quorum Announces Q1 2020 Results

Written by Customer Service on May 18, 2020. Posted in Public Companies.

Software as a Service (“SaaS”) revenue increased 12% to $5.9 millionBusiness Development Centre (“BDC”) revenue increased 60% to $2.1 millionTotal revenue increased 16% to $8.5 millionCALGARY, Alberta, May 18, 2020 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (“Quorum” or the “Company”), a leading provider of dealership and customer management software and value-added services to the automotive industry, released its results for Q1 2020 today. “In Q1 2020 Quorum had another strong quarter as we posted both record SaaS and BDC revenue,” stated Maury Marks, President and CEO. “We are continuing to build on the momentum of our acquisitions of Oasis in 2019, DealerMine in 2018 and Autovance in 2017 as well as adding dealers to the XSellerator platform. Quorum also significantly expanded its product offering in the quarter...

AMG Names Patrick T. Ryan as Co-Chairman of the Board of Directors

Written by Customer Service on May 18, 2020. Posted in Public Companies.

Evolution of corporate governance structure through appointment of Mr. Ryan, independent Director, as Co-ChairmanSean M. Healey, Executive Chairman, will become Executive Co-ChairmanWEST PALM BEACH, Fla., May 18, 2020 (GLOBE NEWSWIRE) — Affiliated Managers Group, Inc. (NYSE: AMG), a global asset management company, today announced the appointment of Patrick T. Ryan as Co-Chairman of the Board of Directors. Sean M. Healey, Executive Chairman, who was diagnosed with amyotrophic lateral sclerosis, or ALS, in 2018, will become Executive Co-Chairman, effective immediately.A long-term independent Director, Mr. Ryan served as AMG’s Lead Independent Director from 2015 – 2019. Mr. Ryan also serves as Chairman and Chief Executive Officer of Press Ganey Associates LLC, a company specializing in healthcare performance improvement. Prior to...

MISTRAS Group Announces First Quarter 2020 Results

Written by Customer Service on May 18, 2020. Posted in Public Companies.

Revenue for the Quarter Exceeds ForecastCash on hand Increased from Year End Selling, General & Administrative Expense Run Rate ReducedStrategic Actions Implemented to Lower Costs Further in 2020Highlights of the First Quarter 2020*Revenue of $159.5 million, exceeding forecastCash from operations of $6.1 millionCredit facility amended, to provide covenant flexibility while maintaining liquiditySelling, general and administrative expenses of $41.6 million, down despite additive acquisitionCapital expenditures of $4.4 million, down 23% reflecting lower full year CapEx budgetCoronavirus (“COVID-19”) and related impact on crude oil prices trigger non-cash impairment charges of $106.1 million; $92.1 million after-tax basis* All comparisons are consolidated and versus the equivalent prior year period, unless otherwise noted.PRINCETON JUNCTION,...

Amerant Bancorp Announces Carlos Iafigliola as Chief Financial Officer

Written by Customer Service on May 18, 2020. Posted in Public Companies.

CORAL GABLES, Fla., May 18, 2020 (GLOBE NEWSWIRE) — Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) announced today that Carlos Iafigliola has been named Executive Vice President and Chief Financial Officer (CFO). Mr. Iafigliola has served as interim CFO since March 16, 2020 and has been with Amerant since 2004. Prior to being appointed interim CFO, Mr. Iafigliola served in various management positions, including Senior Vice President and Treasury Manager since 2015. He has been responsible for balance sheet management and overall supervision of the Company’s treasury functions, including management of the investment portfolio, professional funding, and relationships with regulatory agencies and financial markets participants.“Carlos has an exceptionally broad range of expertise in all facets of the financial arena,” said Millar...

Day: May 18, 2020

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