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Month: May 2020

Integra LifeSciences Announces May 2020 Investor Conference Schedule

PRINCETON, N.J., May 11, 2020 (GLOBE NEWSWIRE) — Integra LifeSciences Holdings Corporation (NASDAQ: IART), a leading global medical technology company, announced today that it will participate in two investor conferences in May.On May 12, 2020, Glenn Coleman, chief operating officer will present at the BofA Securities Virtual Health Care Conference at 11:40am ET. On May 20, 2020, Carrie Anderson, chief financial officer will present at the UBS Virtual Global Healthcare Conference.  This presentation will begin at 11:40am ET and will be webcast on the Integra LifeSciences investor relations website at http://investor.integralife.com/events-and-presentations.About Integra LifeSciencesIntegra LifeSciences is a global leader in regenerative technologies, neurosurgical and extremity orthopedic solutions dedicated to limiting uncertainty...

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Wilmington Reports on Voting Results

CALGARY, Alberta, May 11, 2020 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (“Wilmington”) held its Annual Meeting of Shareholders on May 6, 2020 in Calgary, Alberta and all two nominees proposed for election to the board of directors by holders of Class A Shares and all three nominees proposed for election to the board of directors by the holders of Class B Shares were elected.  Detailed results of the vote for the election of directors are set out below.Management received the following proxies from holders of the Corporation’s Class A and B shareholders in regard to the election of the five directors nominated:Details of votes on all matters of business considered at the meeting are available in the Corporation’s report of voting results filed on SEDAR (www.sedar.com).For further information, please contact:Executive...

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Nephros, Inc. to Hold Virtual Annual Meeting of Stockholders

Executives to Present Business OverviewsSOUTH ORANGE, NJ, May 11, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nephros, Inc. (Nasdaq: NEPH) announced today that, due to the public health concerns associated with the ongoing coronavirus outbreak and to support the health and well-being of its stockholders, employees, and other partners, the location of the 2020 Annual Meeting of Stockholders (the “Annual Meeting”) of Nephros, Inc. (the “Company”) has been changed. The Annual Meeting will be held by webcast at virtualshareholdermeeting.com/NEPH2020. Stockholders will not be able to attend the Annual Meeting in person.  The previously announced date and time of the Annual Meeting, which is May 21, 2020 at 9:00 a.m. (Eastern Time) will not change.After the business portion of the Annual Meeting concludes, management will present...

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HC2 Holdings Reports First Quarter 2020 Results

– First Quarter 2020 Consolidated Net Revenue of $444.8 Million –– Completes Sale of Global Marine Group, Reducing Debt –– COVID-19 Business Update –NEW YORK, May 11, 2020 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, announced today its consolidated results for the first quarter ended March 31, 2020.First Quarter 2020 HighlightsNet Loss attributable to common and participating preferred stockholders of $83.5 million, or $1.82 per share, compared to $1.6 million, or $0.05 per share, in the year-ago quarter.  Net Loss attributable to common and participating preferred stockholders per share for the first quarters 2020 and 2019 includes net loss from discontinued operations of $0.97 per share and $0.09 per share, respectively.Adjusted...

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Firsthand Technology Value Fund Announces First Quarter Financial Results, NAV of $11.58 per share

SAN JOSE, Calif., May 11, 2020 (GLOBE NEWSWIRE) — Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the first quarter ended March 31, 2020.As of March 31, 2020, the Fund’s net assets were approximately $79.8 million, or $11.58 per share, compared with net assets of approximately $127.1 million, or $17.70 per share as of December 31, 2019. As March 31, 2020, the Fund’s portfolio included public and private securities valued at approximately $77.9 million, or $11.30 per share, and approximately $0.05 per share in cash and cash equivalents.Portfolio Summary (as of 3/31/20)During the first quarter of 2020, the Valuation Committee, which was composed of four independent directors, adjusted...

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CODI Completes Strategic Capital Raise and Adds $290 Million in Gross Proceeds

WESTPORT, Conn., May 11, 2020 (GLOBE NEWSWIRE) — Compass Diversified Holdings (NYSE: CODI) (the “Trust”) and Compass Group Diversified Holdings, LLC (the “Company” and, together with the Trust, “CODI”), an owner of leading middle market businesses, raised $290 million in gross proceeds from its previously announced capital markets activity, consisting of approximately $88 million from the issuance of new common equity and $202 million from its senior unsecured notes offering, before deducting underwriting discounts and commissions and other offering expenses.These transactions further enhance CODI’s financial profile, bolstering its already strong liquidity position as reported in its Q1 2020 earnings report. CODI used the net proceeds from the common share offering and the sale of the 8.000% senior unsecured notes due 2026 (the...

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Regency Centers Prices $600 Million of Senior Unsecured Notes

JACKSONVILLE, Fla., May 11, 2020 (GLOBE NEWSWIRE) — Regency Centers Corporation (“Regency” or the “Company”) (NASDAQ:REG) announced today that its operating partnership, Regency Centers, L.P., priced a public offering of $600 million 3.70% notes due 2030 (the “Notes”). The Notes are due June 15, 2030 and were priced at 99.805%. Interest on the Notes is payable semiannually on June 15 and December 15 of each year, with the first payment on December 15, 2020.The Company intends to use the net proceeds of the offering to increase liquidity, reduce the outstanding balance on its line of credit, and for general corporate purposes, which may include the future repayment of a portion of its outstanding debt. Settlement of the offering is subject to the satisfaction of customary closing conditions and is expected to occur on May 13, 2020.Wells...

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Staffing 360 Solutions Reports Fiscal Full Year 2019 and Fourth Quarter Results

NEW YORK, May 11, 2020 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced its Fiscal 2019 full year-end and fourth quarter financial results.Fiscal 2019 OverviewRevenue grew by 6.7% to $278.5 million from $260.9 million in Fiscal 2018, 8.7% in constant currencyNet loss of $4.9 million improved significantly against a net loss of $6.5 million in Fiscal 2018Gross profit remained flat at $48.3 million compared with Fiscal 2018Gross margin declined to 17.3% compared with 18.5% in Fiscal 2018Income from operations declined to $0.6 million compared with $1.7 million in Fiscal 2018EBITDA grew by 18.1% to $6.6 million from $5.6 million in Fiscal 2018Adjusted...

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Trading in Novo Nordisk shares by board members, executives and associated persons on 11 May 2020

Bagsværd, Denmark, 11 May 2020 — This document discloses the data of the transaction(s) made in Novo Nordisk shares by the company’s board members, executives and their associated persons in accordance with Article 19 of Regulation No. 596/2014 on market abuse.The company’s board members, executives and their associated persons have given Novo Nordisk power of attorney on their behalf to publish trading in Novo Nordisk shares by the company’s board members, executives and their associated persons.Further informationCompany announcement No 32 / 2020AttachmentCA200511_Insider_trading_2

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Delta Drone reinforces its financial resources

Delta Drone reinforces its financial resourcesSignature of a €1M convertible-bonds contract with OTT VenturesDardilly, 11 May 2020Preamble: Risks in connection with the bond issue and impact of the transaction in terms of managing liquidity and timing risksIn view of a cash position of €2.5M at the beginning of May 2020 after payment of most of current debts, setting up new financing in addition to the €10M contract for ORNAN with warrants announced 7 April 2020, would make it possible to have a minimum cash position of €12.5M, which would cover the Company’s financing needs for several years.This analysis takes into account both the current situation and the implementation of the 2020-2021 plan in the event that the Company were unable to generate income from payments due, subject to the terms of the agreement (see below).CONTEXT FOR...

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