Day: June 1, 2020
AUSTIN, Texas, June 01, 2020 (GLOBE NEWSWIRE) — Chuy’s Holdings, Inc. (NASDAQ:CHUY) today provided a business update in light of the ongoing impact of COVID-19, including changes in the operating status of its restaurants as a result of changes in restrictions of in-restaurant dining.With the safety of its employees and guests as its number one priority, the Company has re-opened a majority of its dining rooms as state and local municipalities have announced new guidelines regarding restaurant operations.For the second quarter through May 24, 2020 comparable restaurant sales decreased approximately 49.8% from the same period last year. Selected weekly comparable restaurant sales and average sales per restaurant data for the second quarter through May 24, 2020 are as follows:As a result of the pandemic, the Company transformed its...
Acreage Enters Into Two Definitive Funding Agreements for up to $60 Million Gross Proceeds
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NEW YORK, June 01, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced it has entered into two definitive funding agreements for a total of up to $60,000,000 in gross proceeds. The two funding agreements include:A Standby Equity Distribution Agreement (the “SEDA”) with an institutional investor (the “Investor”), under which the Company may, at its discretion, periodically sell to Investor, and pursuant to which the Investor may, at its discretion, require the Company to sell to it, up to $50,000,000 of the Company’s Class A Subordinate Voting Shares, no par value (the “Subordinate Voting Shares”), andCompletion of a private placement offering, in which it issued $11,000,000 in principal amount under a secured convertible debenture, with gross proceeds...
WillScot Announces $500 Million Senior Secured Notes Offering
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BALTIMORE, June 01, 2020 (GLOBE NEWSWIRE) — WillScot Corporation (Nasdaq: WSC) (“WillScot”), a specialty rental services market leader providing innovative modular space and portable storage solutions across North America, today announced that its indirect subsidiary, Picasso Finance Sub Inc. (“Issuer”), plans to offer up to $500 million in aggregate principal amount of senior secured notes due 2025 (the “Notes”). WillScot intends to use the offering proceeds, together with funds from WillScot’s fully committed $2.4 billion ABL credit facility, to be entered into at the closing of the Merger (as defined below), to repay all outstanding indebtedness under its existing ABL Facility and Mobile Mini Inc.’s (“Mobile Mini”) existing ABL Facility, repay all of Mobile Mini’s outstanding senior notes, and repay...
MUSCLE MAKER GRILL TO OPEN FOUR LOCATIONS AT NORTHERN VIRGINIA COMMUNITY COLLEGE
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Healthier for you brand signs lease for four NOVA community college locationsBurleson, TX, June 01, 2020 (GLOBE NEWSWIRE) — Muscle Maker Grill, Inc. (Nasdaq: GRIL) the parent company of Muscle Maker Grill & Healthy Joe’s, a fast-casual concept known for serving “healthier for you” meals, today announced that it has signed a lease for four Muscle Maker Grill locations at Northern Virginia Community College (NOVA). The expansive menu offerings will vary from campus to campus and include traditional Muscle Maker Grill fare, MMG Meal Plans, Healthy Joe’s signature menu offerings, Grab & Go and healthier snacks. Individually packaged boxed lunches that include a wrap or salad, side and beverage will be available and can be distributed in a group setting with minimal contact to accommodate social distancing practices. The Company...
Rogers and Jays Care Foundation Step Up to the Plate for Food Banks Canada, with 8 Million Meals at Rogers Centre
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TORONTO, June 01, 2020 (GLOBE NEWSWIRE) — The home of the Blue Jays is set to become the temporary home to 10 million pounds of food, as Rogers and Jays Care Foundation support Food Banks Canada with the new initiative Step Up to the Plate. With food banks continuing to battle food donation shortages and significant drops in volunteers, Rogers Centre will house 6,000 pallets of food that will be sorted into food hampers on the field and delivered across the country to families in need. Each hamper will be filled with a variety of non-perishable food items, providing one individual with a week’s worth of food. Hundreds of Rogers employees and their families will be volunteering to stuff the food hampers as part of Rogers’s annual “Give Together” volunteer program, with hundreds more Rogers employees across the country volunteering...
Rogers et la Jays Care Foundation se mobilisent pour Banques alimentaires Canada et préparent 8 millions de repas au Rogers Centre
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TORONTO, 01 juin 2020 (GLOBE NEWSWIRE) — Le domicile des Blue Jays devient l’entrepôt temporaire de plus de 4,5 millions de kilos de nourriture, grâce à l’apport de Rogers et de la Jays Care Foundation à Banques alimentaires Canada dans le cadre du nouveau programme Nourrir à coup sûr (Step Up to the Plate). Pour appuyer les banques alimentaires qui composent encore avec une chute importante des dons d’aliments et avec une forte baisse du nombre de bénévoles, le Rogers Centre entreposera 6 000 palettes de denrées qui seront triées en paniers alimentaires sur le terrain et livrées aux familles dans le besoin partout au pays. Chaque panier sera rempli de diverses denrées non périssables, ce qui comblera les besoins alimentaires d’une personne pendant une semaine. Des centaines d’employés de Rogers, accompagnés de leurs familles, rempliront...
Colabor Group Inc. Announces the Extension of Its Credit Facilities and Subordinated Debt
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BOUCHERVILLE, Quebec, June 01, 2020 (GLOBE NEWSWIRE) — Colabor Group Inc. (“Colabor”) (TSX: GCL) announces the extension of the term of its credit facilities until October 13, 2021, the authorized amount of which has been reduced to $90 million that are not currently being used. In addition, the term of the FTQ Solidarity Fund’s subordinated debt will be extended until February 15, 2022.“Postponing these deadlines will allow us to focus our efforts on continuing to implement the strategic plan and demonstrate its support by our main financial partners”, said Louis Frenette, President and Chief Executive Officer of Colabor.Forward-Looking StatementsThis news release contains certain statements that may be deemed to be forward-looking statements reflecting the opinions or current expectations of Colabor concerning...
Goupe Colabor Inc. annonce la prolongation de ses facilités de crédit et de sa dette subordonnée
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BOUCHERVILLE, Québec, 01 juin 2020 (GLOBE NEWSWIRE) — Groupe Colabor Inc. (« Colabor ») (TSX : GCL) annonce la prolongation du terme de ses facilités de crédit jusqu’au 13 octobre 2021, dont le montant autorisé a été réduit à 90 millions de dollars et qui ne sont pas présentement utilisées. De plus, l’échéance de la dette subordonnée avec le Fonds de solidarité FTQ sera prolongée, jusqu’au 15 février 2022.« Le report de ces échéances nous permettra de concentrer nos efforts à poursuivre la mise en œuvre du plan stratégique et démontre le soutien à celui-ci par nos principaux partenaires financiers », mentionne M. Louis Frenette, Président et chef de la direction de Colabor.ÉNONCÉS PROSPECTIFSCe communiqué peut contenir certaines déclarations de nature prospective reflétant les opinions ou les attentes actuelles de Colabor concernant...
Strongbridge Biopharma plc to Present at the Jefferies Virtual Healthcare Conference
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DUBLIN, Ireland and TREVOSE, Pa., June 01, 2020 (GLOBE NEWSWIRE) — Strongbridge Biopharma plc (Nasdaq: SBBP), a global commercial-stage biopharmaceutical company focused on the development and commercialization of therapies for rare diseases with significant unmet needs, today announced that management will present virtually at the Jefferies 2020 Healthcare Conference on Thursday, June 4, at 4:30 p.m. ET.The Company’s presentation will be webcast live and archived on the “Events & Presentations” page in the Investor section of the Company’s website at www.strongbridgebio.com.About Strongbridge BiopharmaStrongbridge Biopharma is a global commercial-stage biopharmaceutical company focused on the development and commercialization of therapies for rare diseases with significant unmet needs. Strongbridge’s rare endocrine franchise...
Auxly Announces Record Net Revenues of Approximately $10 Million in Q1 2020
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TORONTO, June 01, 2020 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V – XLY) (OTCQX: CBWTF) (“Auxly” or the “Company“) today released its financial results for the three months ended March 31, 2020. These filings and additional information regarding Auxly are available for review on SEDAR at www.sedar.com. Q1 2020 Highlights and Subsequent EventsRecorded net revenues of $9.9 million, an increase of over 1,100% compared to the first quarter of 2019, including $9.0 million in cannabis net revenues primarily comprised of Cannabis 2.0 product sales from Dosecann, and KGK research revenues of $0.9 millionEstablished strong sales in British Columbia, Alberta and Ontario, which comprised more than 80% of revenues, with vapes accounting for more than 65% of the Company’s cannabis revenuesAuxly’s wholly...