Day: June 22, 2020

All financial figures are in Canadian dollars unless otherwise notedCALGARY, Alberta, June 22, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today that it will issue $650 million of senior unsecured medium term notes (the “Offering”) consisting of $325 million of 2.45% notes with a maturity date of five years from the date of issue and $325 million of 2.85% notes with a maturity date of seven years from the date of issue.The Offering is expected to close on or about July 14, 2020, subject to customary closing conditions.  Gibson intends to use the net proceeds from the sale of the notes for the redemption of its outstanding $600 million 5.25% senior unsecured notes due July 15, 2024 (the “2024 Notes”), to reduce outstanding indebtedness under its revolving credit facility...

BUENA, N.J., June 22, 2020 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT) (“Teligent” or the “Company”), a New Jersey-based specialty generic pharmaceutical company, announced today that it received notice from The NASDAQ Stock Market LLC (“NASDAQ”) on June 18, 2020 indicating that the Company has regained compliance with NASDAQ Listing Rule 5450(a)(1), which requires the Company’s common stock to maintain a minimum bid price of $1.00 per share. The NASDAQ staff made this determination of compliance after the closing bid price of the Company’s common stock was at $1.00 per share or greater for the prior 10 consecutive business days.NASDAQ had previously notified the Company of its non-compliance with NASDAQ Listing Rule 5450(a)(1) on June 5, 2019, following 30 consecutive business days for which the closing bid price of the Company’s...

MONROE, Mich., June 22, 2020 (GLOBE NEWSWIRE) — With great sadness, La-Z-Boy Incorporated (NYSE: LZB) today announced that Steve Kincaid passed away over the weekend. A veteran of the furniture industry for almost 50 years, he was a part of the La-Z-Boy family. Involved in the Kincaid family business since he was a young boy, Steve formally started with Kincaid Furniture Company as a sales rep in 1970.  He moved through the ranks of the company and, in 1983 was named President and took the company public.  Kincaid grew under Steve’s leadership with his keen vision for merchandising and marketing and, in 1989, the company was acquired by La-Z-Boy. Steve ran La-Z-Boy’s casegoods business for more than 25 years and moved to an advisory role in 2015 after serving as Senior Vice President of La-Z-Boy Incorporated and President, La-Z-Boy...

PINE BLUFF, Ark., June 22, 2020 (GLOBE NEWSWIRE) — Simmons First National Corp. (NASDAQ: SFNC) today announced it expects to release second quarter 2020 earnings prior to the market opening on Tuesday, July 21, 2020. Management will conduct a live conference call to review this information beginning at 9:00 a.m. CDT on Tuesday, July 21. Those interested can listen to the call by dialing toll-free 1-866-298-7926 (United States and Canada only) and asking for the Simmons First National Corp. conference call, conference ID 9275743. In addition, the call will be available live or in recorded version on the company’s website at www.simmonsbank.com.Simmons First National Corp. is a financial holding company, headquartered in Pine Bluff, Ark., with total assets of approximately $20.8 billion as of March 31, 2020 conducting financial operations...

BURLINGTON, Mass., June 22, 2020 (GLOBE NEWSWIRE) — LeMaitre Vascular, Inc. (Nasdaq: LMAT) announced that it has acquired the business and assets of Artegraft, Inc. for $90.0 million, including $72.5 million in cash paid at closing ($65.0 million to Artegraft plus $7.5 in escrow to be released December 31, 2021) as well as potential earnout payments of $17.5 million payable based upon future sales of the acquired business.  Under the terms of the deal, LeMaitre will continue to operate Artegraft’s manufacturing facility in North Brunswick, NJ for at least three and a half years and will retain most of Artegraft’s employees, including seven sales & marketing personnel.Artegraft processes and sells biologic vascular grafts that are derived from bovine carotid arteries and are implanted primarily in hemodialysis access patients. ...

Reported positive clinical data for third bronchiolitis study using high concentration nitric oxide, achieving primary and key secondary endpointsEnrolled first patient in the U.S. COVID-19 study using the LungFit™ systemAnnounced positive pre-clinical data validating high concentration nitric oxide as a potential treatment for ablating solid tumors and inducing an anti-tumor immune responsePMA for the LungFit™ PH to treat persistent pulmonary hypertension of the newborn (PPHN) expected to be submitted to the FDA in the second half of 2020LungFit™

DALLAS, June 22, 2020 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC) announced today that, due to the public health impact of the coronavirus outbreak (COVID-19) and related health and travel concerns, it has changed the format of its 2020 Annual Meeting of Shareholders (the “Annual Meeting”) from a physical in-person meeting to a virtual-only format. The Annual Meeting will still be hosted on July 29, 2020 at 9:00 a.m. Dallas time.To participate in the Annual Meeting, shareholders of record as of the close of business on June 1, 2020 will need to visit www.virtualshareholdermeeting.com/CSWC2020 and enter their control number included on their proxy card or voting instruction form previously received. Shareholders participating in the Annual Meeting will also be able to vote and...

REDWOOD CITY, Calif., June 22, 2020 (GLOBE NEWSWIRE) — Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company focused on developing targeted therapies to inhibit frontier cancer targets, today provided a research and development (R&D) update regarding the company’s innovative portfolio directed against RAS cancers.The R&D update covers the latest developments across certain of the company’s programs including:Update on the broad RMC-4630 clinical development program, including new data sets from the ongoing Phase 1 monotherapy clinical trial (RMC-4630-01) –  New pharmacokinetic profiles and improved tolerability with intermittent dosing schedules –  Expanded experience of anti-tumor activity in non-small cell lung cancer patients carrying KRAS mutations –  New anti-tumor activity...

STAMFORD, Conn., June 22, 2020 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced pre­tax loss of $1.4 million (net loss of $1.1 million), or $0.27 basic and diluted loss per share for the quarter ended March 31, 2020.  Concurrently, the institution’s total assets increased 2% to $999.6 million, net loan portfolio increased 0.7%, deposits grew 4.4%, and net interest income was up 1.9% for the quarter ended March 31, 2020 as compared to the fourth quarter of 2019. In the first quarter of 2020, total assets increased to $999.6 million, up 2%, at March 31, 2020, as compared to $979.8 million at December 31, 2019. Net Loan portfolio increased $5.9 million or 0.7%, from $802.0 million at December 31, 2019 to $807.9...

Orlando, Florida, June 22, 2020 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, today announced that Shake will be IZEA’s first platform to facilitate podcast sponsorships. Shake is a new online marketplace that allows creators to offer their services, delivered digitally, for a self-determined price. Influencers, photographers, writers, podcasters, and more can use IZEA’s Shake to collaborate and transact with marketers and individual buyers.“We are incredibly excited to expand into the podcast sponsorship space for the first time,” said IZEA Founder and CEO Ted Murphy. “Many influencers in our network already have podcasts, but we have not provided a way for them to monetize that content and audience to date. It...