Evelo Biosciences Announces Pricing of Public Offering of Common Stock

Written by Customer Service on June 24, 2020. Posted in Public Companies.

CAMBRIDGE, Mass., June 24, 2020 (GLOBE NEWSWIRE) — Evelo Biosciences, Inc. (Nasdaq: EVLO) (“Evelo”), a clinical stage biotechnology company developing a new modality of orally delivered, systemically acting biologic therapies, today announced the pricing of an underwritten public offering of 12,000,000 shares of its common stock, at a public offering price of $3.75 per share, before underwriting discounts and commissions. Evelo also granted the underwriters a 30-day option, solely to cover over-allotments, if any, to purchase up to an additional 1,800,000 shares of its common stock. The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $45,000,000 million, excluding any exercise of the underwriters’ option to purchase...

Yandex Announces Pricing of Upsized Public Offering

Written by Customer Service on June 24, 2020. Posted in Public Companies.

MOSCOW and AMSTERDAM, The Netherlands, June 25, 2020 (GLOBE NEWSWIRE) — Yandex N.V. (NASDAQ and MOEX: YNDX) (“Yandex,” “we” or the “Company”), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced the pricing of its public offering of 8,121,827 newly issued Class A shares at a public offering price of $49.25 per Class A share. In addition, Yandex has granted the underwriter a 30-day option to purchase up to an additional 1,218,274 Class A shares at the public offering price per share. The public offering is expected to close on June 29, 2020, subject to the satisfaction of customary closing conditions. Goldman Sachs & Co. LLC is acting as the sole bookrunner and underwriter for the public offering.In addition, concurrent with the public offering, Yandex intends...

ISG Future Workplace Summit to Explore the ‘How and Where’ of Work, Post-Pandemic

Written by Customer Service on June 24, 2020. Posted in Public Companies.

SYDNEY, Australia, June 24, 2020 (GLOBE NEWSWIRE) — Leaders with HSBC, ANZ Bank, Lendlease and more than a dozen other enterprises will explore how the global pandemic is leading to fundamental shifts in both the nature of work and the workplace environment, during the virtual ISG Future Workplace Summit, hosted by Information Services Group (ISG) (Nasdaq: III), leading global technology research and advisory firm.The live, online event, beginning 9 a.m., Australian Eastern Standard Time, June 30, will examine the impact of digital technology on the workforce, along with strategies for stabilizing operations, managing and measuring employee experience, and leveraging the next generation of customer care and service desk technology. The event is complimentary for enterprise participants and is available in all geographic markets.“The...

Garrison Capital Inc. to Merge with Portman Ridge Finance Corporation

Written by Customer Service on June 24, 2020. Posted in Public Companies.

NEW YORK, June 24, 2020 (GLOBE NEWSWIRE) — Garrison Capital Inc. (Nasdaq: GARS) (“GARS”) and Portman Ridge Finance Corporation (“PTMN”) (Nasdaq: PTMN) announced today that they have entered into a definitive agreement under which GARS will merge with and into PTMN, a business development company managed by Sierra Crest Investment Management LLC (“Sierra Crest”), an affiliate of BC Partners Advisors L.P. (“BC Partners”) and LibreMax Capital LLC. The transaction is the result of the previously announced review of strategic alternatives by GARS and has been approved by a unanimous vote of the Board of Directors of GARS (on the unanimous recommendation of the Special Committee of the Board of Directors of GARS) and the Board of Directors of PTMN. Transaction HighlightsThe combined company will be externally managed by Sierra Crest and,...

Clean TeQ Announces Tianjin BIOCLENS Factory Successfully Commissioned

Written by Customer Service on June 24, 2020. Posted in Public Companies.

MELBOURNE, Australia, June 24, 2020 (GLOBE NEWSWIRE) — Mr Sam Riggall, Managing Director and Chief Executive Officer of Clean TeQ Holdings Limited (Clean TeQ or Company) (CLQ:ASX; CLQ:TSX; CTEQF:OTCQX), is pleased to announce that the Company’s BIOCLENS production facility in Tianjin, China, has been successfully commissioned and achieved steady-state operations.In 2018, Clean TeQ acquired an encapsulated bacteria technology comprising technology licences and a production plant for the manufacture of bacteria encapsulated in a polyvinyl alcohol (PVA) lens (BIOCLENS). BIOCLENS offers significant opportunities in water treatment applications given the bacteria’s ability to break down and remove over ninety percent of harmful nitrates and ammonia from wastewater. BIOCLENS, with encapsulated bacteria or enzymes, also has potential...

Garrison Capital Inc. to Merge with Portman Ridge Finance Corporation

Written by Customer Service on June 24, 2020. Posted in Public Companies.

NEW YORK, June 24, 2020 (GLOBE NEWSWIRE) — Garrison Capital Inc. (Nasdaq: GARS) (“GARS”) and Portman Ridge Finance Corporation (“PTMN”) (Nasdaq: PTMN) announced today that they have entered into a definitive agreement under which GARS will merge with and into PTMN, a business development company managed by Sierra Crest Investment Management LLC (“Sierra Crest”), an affiliate of BC Partners Advisors L.P. (“BC Partners”) and LibreMax Capital LLC. The transaction is the result of the previously announced review of strategic alternatives by GARS and has been approved by a unanimous vote of the Board of Directors of GARS (on the unanimous recommendation of the Special Committee of the Board of Directors of GARS) and the Board of Directors of PTMN.Transaction HighlightsThe combined company will be externally managed by Sierra Crest and,...

RTI Surgical Holdings, Inc.® Schedules Business Update Call for June 30, 2020

Written by Customer Service on June 24, 2020. Posted in Public Companies.

DEERFIELD, Ill., June 24, 2020 (GLOBE NEWSWIRE) — RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, today announced it plans to hold a business update call, and in conjunction release financial and operating results for the quarter ended March 31, 2020, on Tuesday, June 30, 2020, prior to the market open.RTI will host a conference call and simultaneous audio webcast at 9:00 a.m. ET. The conference call can be accessed by dialing (877) 383-7419 (U.S.) or (760) 666-3754 (International), using conference ID 6346397. The webcast can be accessed through the investor section of RTI’s website at www.rtix.com. A replay of the conference call will be available on RTI’s website following the call.About RTI Surgical Holdings, Inc.RTI Surgical is a leading global surgical implant company providing surgeons with...

Purpose Investments Inc. Announces 2020 Second Quarter Distributions for Purpose Specialty Lending Trust

Written by Customer Service on June 24, 2020. Posted in Dividend Reports And Estimates.

TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the 2020 second quarter distributions for Purpose Specialty Lending Trust.About Purpose Investments Inc.Purpose Investments Inc. is an asset management company with more than $9-billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.For further information please contact:Matt PadanyiPurpose Investments Inc.Tel: (877) 789-1517Email: info@purposeinvest.comCommissions, trailing commissions, management fees and expenses all may be associated with investment fund...

The Flowr Corporation Provides Update on European Operations

Written by Customer Service on June 24, 2020. Posted in Public Companies.

TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to provide an operational update at the Aljustrel, Portugal outdoor medical cannabis site (the “Partnership”) which is jointly operated with Terrace Global Inc. (TSXV: TRCE) (“Terrace Global”). Flowr is also pleased to announce that the Company has closed on the first tranche of funding (the “First Tranche”) of the Aljustrel Joint Venture in the amount of C$765,600 pursuant to the Equity Line and Profit Share Agreement (the “Agreement”) with Terrace Global. “We are very pleased by the early results in Aljustrel and look forward to continuing to work closely with Terrace Global to ensure a successful harvest later this year,” commented Vinay Tolia, Chief Executive Officer of Flowr. “Our two companies have...

Assure Holdings Enters into Agreement with First Health Group to Streamline Certain Commercial Insurance Claims at Pre-Determined Rates

Written by Customer Service on June 24, 2020. Posted in Public Companies.

DENVER, June 24, 2020 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), is pleased to announce that it has signed an agreement (the “Agreement”) with First Health Group (“First Health”), a third party administrator, to provide network access for hundreds of commercial insurance payers throughout the United States. This Agreement binds payors to the contract at a predetermined rate and timeframe, effectively reducing the time it takes to collect payment for these claims.In 2019, First Health received nearly 300 requests from payors for network access to Assure accounts, which represents approximately 5% of Assure’s overall commercial insurance volume.“Providing network access for 5% of Assure’s commercial volume is a meaningful...

Day: June 24, 2020

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