Day: June 4, 2020

ELGIN, Ill., June 04, 2020 (GLOBE NEWSWIRE) — Heritage-Crystal Clean, Inc. (Nasdaq:HCCI) announced that Mark DeVita, CFO, will present at the Stifel 2020 Virtual Cross Sector Insight Conference on Tuesday, June 9, 2020. Heritage-Crystal Clean’s presentation is scheduled to begin at 10:40 am EST. The presentation will be webcast live and may be accessed at the following link, http://www.wsw.com/webcast/stifel19/hcci or in the investor relations section of the company’s website: http://www.crystal-clean.com/investor-relations/About Heritage-Crystal Clean, Inc.Heritage-Crystal Clean, Inc. provides parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services primarily to small and mid-sized customers in the vehicle maintenance sector as well as manufacturers and other industrial businesses. Our service...

OMAHA, Neb., June 04, 2020 (GLOBE NEWSWIRE) — Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, announced CL Werner stepped down as Executive Chairman, effective May 31, 2020. CL will continue to serve as Chairman of the board of directors through the end of his current term, which ends May 2021, and at that time it is expected that he will become Chairman Emeritus. In connection with this transition, the board of directors appointed Derek Leathers, the current Chief Executive Officer and President of the Company, as a member and Vice Chairman of the board of directors effective May 31, 2020. CL has recommended to the board of directors that Mr. Leathers be named Chairman of the board of directors, in addition to Chief Executive Officer and President, when Mr. Werner’s term ends.As Werner’s very...

COMMUNIQUÉ DE PRESSEParis, le 4 juin 2020ASSEMBLEE GENERALE ANNUELLE MIXTEMODALITES DE MISE A DISPOSITION DES DOCUMENTS PREPARATOIRESDans le contexte d’épidémie de Coronavirus (Covid-19), les actionnaires de la Société sont invités à participer uniquement par les moyens de vote à distance via un formulaire de vote par correspondance ou en donnant pouvoir à l’Assemblée Générale Annuelle Mixte qui se tiendra exceptionnellement hors présence physique de ses actionnaires, à huis clos le :25 juin 2020 à 10 heures, au Business Center l’Astorg, 25, rue d’Astorg – 75008 PARISL’avis de convocation comportant l’ordre du jour et les projets de résolutions définitifs et le détail des modalités de participation à cette assemblée générale à huis clos ont été publiés au BALO du 20 mai 2020.Les documents prévus par l’article R.225-83 du code de commerce...

Kyoto, Japan and Santa Clara, CA, June 04, 2020 (GLOBE NEWSWIRE) — The powertrain business area of Continental Vitesco Technologies, a leading supplier in the field of vehicle electrification, and ROHM Semiconductor, a leading company in SiC power semiconductors, have recently signed a development partnership, beginning in June 2020. Vitesco Technologies will use SiC components to further increase the efficiency of its power electronics for electric vehicles (EV). Through their higher efficiency SiC semiconductors make better use of the electric energy stored in a vehicle battery. Thus, an EV has a longer range, or the battery cost can be reduced without impacting the range.  “Energy efficiency is of paramount importance in an electric vehicle. As the traction battery is the only source of energy in the vehicle, any losses caused...

TORONTO, June 04, 2020 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced the Company received notice confirming a delay of the final payment in connection with the sale of its Singapore-based DenseLight subsidiary, which was due on May 31, 2020.The Buyer cited the wide-ranging impacts that COVID-19 has had on businesses globally and the lengthy administrative process associated with transfers of funds outside of China. The Company is continuing to work closely with the Buyer to address the current challenges associated with the transfer of the final payment and remains confident the remaining balance and timing will...

MATTOON, Ill., June 04, 2020 (GLOBE NEWSWIRE) — Consolidated Communications, (NASDAQ: CNSL) a leading broadband and business communications provider, is making contributions totaling $75,000 to organizations in its service area that provide nutritious food and meals to those in need. With many unemployed as businesses closed and schools curtailed feeding programs due to the coronavirus, the demand on food banks and food pantries has grown exponentially.“As an essential services provider, we are working every day to connect and support businesses and residents with critical communication solutions during this challenging time,” said Jennifer Spaude, senior vice president of corporate communications and investor relations. “Understanding the strain on food banks and feeding programs is greater than ever, we are proud to offer assistance...

PRESS RELEASERECEIPT OF AN INDICATIVE GLOBAL PROPOSAL FROM PART OF THE EXISTING CREDITORS OF THE GROUP ADDRESSING THE NEW MONEY NEEDS AND PROPOSING A SUBSTANTIAL DEBT TO EQUITY CONVERSIONParis (France), 4 June 2020 – Following the receipt of two indicative new money offers as announced on May 26th, Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) (the “Company”) announces today that it has received an indicative global proposal supported, to date, by financial institutions representing approximately 59% of the Term Loan B lenders and Revolving Credit Facility lenders (the “Proposing Lenders”). Such proposal addresses both the Group’s liquidity requirements and the need to deleverage the Company’s balance sheet.The key restructuring principles would consist of (i) a new money injection of approximately € 400 million under a debt format,...

COMMUNIQUE DE PRESSE RECEPTION D’UNE PROPOSITION GLOBALE INDICATIVE D’UNE PARTIE DES CREANCIERS EXISTANTS DU GROUPE REPONDANT AUX BESOINS DE LIQUIDITÉ ET INCLUANT UNE CONVERSION SUBSTANTIELLE DE LEURS CREANCES EN CAPITALParis (France), 4 juin 2020 – A la suite de la réception de deux offres indicatives de nouveaux apports de liquidité comme indiqué le 26 mai dernier, Technicolor (Euronext Paris : TCH ; OTCQX : TCLRY) (la “Société“) annonce aujourd’hui avoir reçu une proposition globale indicative, ayant le soutien, à ce jour, d’institutions financières représentant environ 59 % des prêteurs du Prêt à Terme B et des prêteurs de la Facilité de Crédit Renouvelable (les “Prêteurs Proposants“). Cette proposition répond à la fois aux besoins de liquidités du Groupe et à la nécessité de réduire l’endettement...

NEW YORK, June 04, 2020 (GLOBE NEWSWIRE) — Proficient Alpha Acquisition Corp. (“Proficient” or the “Company”) (Nasdaq: PAAC) announced today that it held a special meeting of stockholders (the “Merger Meeting”) and the stockholders approved a business combination agreement, dated as of March 10, 2020 (as amended and restated on May 12, 2020, the “Business Combination Agreement”) with Lion Financial Group Limited, a Chinese investor-focused trading platform that offers a wide spectrum of products and services (“Lion”), Lion Group Holding Ltd. (“Pubco”) and the other parties thereto, and the transactions contemplated thereby (the “Business Combination”) (the “Business Combination Proposal”). The Business Combination Proposal and each of the other proposals voted on at the Merger Meeting were approved. The parties expect the closing...

NEW YORK, June 04, 2020 (GLOBE NEWSWIRE) — Digital Asset Monetary Network, Inc. or “DigitalAMN” (OTCMKTS: DATI), a Public Accelerator-Incubator (“PAI”), announced today that management has completed the restructuring of its contractor obligations, further reducing the Company’s cap table by just over 3,000,000 common shares and eliminating a little over $550k from its cash payable liabilities.As noted in the March 18, 2020 Coffee Talk, management anticipated its negotiations with contractors would result in only a two million common share reduction from the cap table. However, after the negotiations were complete, a total of 3,348,879 common shares were agreed to be exchanged for Preferred BB shares. Furthermore, contractors agreed to settle accumulated cash liabilities which amounted to $557,910 – freeing up the company’s balance...