Day: June 4, 2020

DALLAS, June 04, 2020 (GLOBE NEWSWIRE) — Tuesday Morning Corporation (NASDAQ: TUES) today announced that the Company has obtained a commitment from BRF Finance Co., LLC, an affiliate of B. Riley Financial, Inc. (NASDAQ:RILY) (“B. Riley”), for $25 million of debtor-in-possession (“DIP”) financing as required by the Company’s current $100-million DIP agreement with its existing lender group. With this commitment, the Company has secured commitments for a total of $125 million to support the continuity of operations during Chapter 11 proceedings.As previously announced, due to the immense strain the COVID-19 pandemic and related store closures put on the Company, Tuesday Morning is pursuing a financial and operational reorganization designed to allow the Company to reduce its outstanding liabilities and strengthen its overall financial...

MOUNT HOREB, Wis., June 04, 2020 (GLOBE NEWSWIRE) — Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s casual wear, workwear and accessories, today announced its financial results for the fiscal first quarter ended May 3, 2020.Highlights for the First Quarter Ended May 3, 2020Net sales decreased 3.8% to $109.9 million compared to $114.2 million in the prior-year first quarterRetail store net sales decreased 51.8% due to the temporary closure of all stores for approximately seven weeks due to the COVID-19 pandemicWebsite and catalog net sales increased 31.7%, including a 69.0% increase in website and catalog sales since the stores closed on March 20, 2020 as compared to the same six-week period in the prior yearApril total net sales exceeded...

SALT LAKE CITY, June 04, 2020 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK) distributed a stockholder dividend paid in shares of its Digital Voting Series A-1 Preferred Stock, OSTKO, on May 19, 2020. Since that issuance, the company has received numerous questions from investors regarding the Digital Voting Series A-1 Preferred Stock and is reiterating its key attributes in response to those questions, which have been previously disclosed in stockholder materials in connection with the dividend.Shares of the Digital Voting Series A-1 Preferred Stock:are preferred shares of Overstock.com, Inc.have equivalent voting rights to common shares of Overstock.have an equivalent liquidation preference to common shares of Overstock.have a preferential right to an annual cash dividend of $0.16 per share, when declared, which has been...

ATLANTA, GA, June 04, 2020 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (NASDAQ:STRM), provider of integrated solutions, technology-enabled services and analytics supporting revenue cycle optimization for healthcare enterprises today announced that it will release its first quarter 2020 financial performance for the period that ended April 30, 2020, on Wednesday, June 10, 2020 after the close of the financial markets.The Company will conduct a conference call to review the results on Thursday, June 11, 2020 at 9:00 AM ET. Interested parties can access the call by joining the live webcast: click here to register. You can also join by phone by dialing 877-269-7756.A replay of the conference call will be available from Thursday, June 11, 2020 at 12:00 PM ET to Thursday, June 18, 2020 at 12:00 PM ET by dialing 877-660-6853 or...

ShopRite, a premier east-coast supermarket chain, with 280 stores has authorized Lemon, Blood Orange, Watermelon, and Raspberry flavors. SCOTTSDALE, Ariz., June 04, 2020 (GLOBE NEWSWIRE) — The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”) is a producer of premium bottled alkaline water, flavored-infused waters, and CBD infused products sold under the brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively. The Company today announces that ShopRite will soon carry four flavors of the A88 Infused™ line across all 280 locations.  “We continue to gain momentum on our east-coast expansion efforts and are seeing strong pull-through for our A88 Infused™ brand,” stated Richard A. Wright, President and CEO of The Alkaline Water Company. Over the last few months, we have added thousands...

Media ReleaseGenmab A/S (Nasdaq:GMAB) announced today that its CFO, Anthony Pagano, will participate in a virtual fireside chat at the Goldman Sachs 41st Annual Global Healthcare Conference 3:00 PM EDT on June 11, 2020 (9:00 PM CEST). A webcast of the fireside chat will be available on Genmab’s website at http://ir.genmab.com/events.cfm.About GenmabGenmab is a publicly traded, international biotechnology company specializing in the creation and development of differentiated antibody therapeutics for the treatment of cancer. Founded in 1999, the company is the creator of three approved antibodies: DARZALEX® (daratumumab, under agreement with Janssen Biotech, Inc.) for the treatment of certain multiple myeloma indications in territories including the U.S., Europe and Japan, Arzerra® (ofatumumab, under agreement with Novartis AG), for the...

Longwood, FL (June 1, 2020) – Maple Street, Inc., the recognized leader in providing wide ranging vendor management services to credit unions and community banks, has signed an agreement with Credit Union Services, Inc. (CUSI) a subsidiary of the Maryland & DC Credit Union Association. Operating under the agreement will enable Maple Street and CUSI to work with member credit unions to provide vendor management services, including Maple Street’s revolutionary Vendor Advantage System®. The Vendor Advantage System® is a complete, comprehensive vendor relationship management system that bundles services with an advanced technology platform, incorporating supply-chain management principles to manage vendor relationships to reducevendor expenses, improve vendor performance and manage risk. “We are honored by the trust placed in us by CUSI...

Tarrytown, NY, June 04, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nightfood, Inc. (OTCQB: NGTF), the better-for-you snack company targeting the $50 billion consumers spend on nighttime snacks, is excited to announce that Nightfood has secured distribution in Rouses Markets, an upscale supermarket chain along the gulf coast with 64 stores and over 7,000 employees.  Locations are concentrated in and around the city of New Orleans, with stores in Louisiana, Mississippi, and Alabama.“We’re very excited to be rolling into Rouses this month, they’re an amazing retailer,” remarked Sean Folkson, Nightfood CEO.  “We’ve already more than tripled our number of supermarket locations from the same time last year.  We’ve got additional chains we’re expecting to come on board in the next few weeks that will get us to the point...

PHILADELPHIA, June 04, 2020 (GLOBE NEWSWIRE) — Passage Bio, Inc. (NASDAQ: PASG), a genetic medicines company focused on developing transformative therapies for rare, monogenic central nervous system disorders, today announced that management will participate in a fireside chat at the virtual Goldman Sachs 41st Annual Global Healthcare Conference on Thursday, June 11, 2020 at 11:20am ET.A live audio webcast of the fireside chat will be available on the Investors & Media section of Passage Bio’s website at investors.passagebio.com. A replay of the webcast will be available for 30 days following the presentation.About Passage BioPassage Bio is a genetic medicines company focused on developing transformative therapies for rare, monogenic central nervous system disorders with limited or no approved treatment options. The company...

NEW YORK, June 04, 2020 (GLOBE NEWSWIRE) — Solar Senior Capital Ltd. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of June 2020. The distribution is payable on July 1, 2020 to stockholders of record as of June 18, 2020. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.ABOUT SOLAR SENIOR CAPITAL LTD.Solar Senior Capital Ltd. is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, the Company generally invests directly and indirectly in leveraged, U. S. middle market companies primarily in the form of cash flow senior secured loans, including first lien...