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Month: June 2020

Zoom Phone Added to FedRAMP Moderate Authorized Zoom for Government

SAN JOSE, Calif., June 15, 2020 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced that the Zoom Phone has now been added to Zoom for Government, which is already authorized under the U.S. Federal Risk and Authorization Management Program (FedRAMP), through its Agency Authorization via the Department of Homeland Security U.S. Customs and Border Protection. This addition of Zoom Phone to Zoom for Government will enable federal agencies to consolidate their costly and outdated legacy telephony systems onto a single modern cloud solution once the agencies individually authorize its use. Zoom for Government, Zoom’s platform developed for U.S. government use, achieved FedRAMP Moderate Authorization in April 2019. Zoom for Government features Zoom Meetings and Chat, Zoom Video Webinar, and now, Zoom Phone....

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Inscape Corporation Will Host a Teleconference Call to Review the Fourth Quarter Fiscal 2020 Financial Results

HOLLAND LANDING, Ontario, June 15, 2020 (GLOBE NEWSWIRE) — (TSX:INQ) Inscape Corporation will release its fourth quarter financial results after the close of business on Thursday, June 25, 2020.  Eric Ehgoetz, Chief Executive Officer and Jon Szczur, Chief Financial Officer will host a teleconference call on Friday, June 26, 2020 at 8:30 AM EDT to briefly review the results and respond to any questions.To participate, please call 1-800-676-1873 about 10-15 minutes before the start time of 8:30 AM EDT. (Reservation Number 21964529)A taped rebroadcast will be available from June 29, 2020 after 10:30 AM EDT until 11:59 PM EDT on July 29, 2020. To access the rebroadcast, please dial 1-800-558-5253.  (Reservation Number 21964529)FOR FURTHER INFORMATION PLEASE CONTACT:Inscape CorporationJon SzczurChief Financial Officer(905) 952-4102 

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WillScot Announces Completion of $650 Million Senior Secured Notes Offering

BALTIMORE, June 15, 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”) completed its offering of $650 million in aggregate principal amount of 6.125% senior secured notes due 2025 (the “Notes”). The Notes were sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended, and outside the United States in accordance with Regulation S under the Securities Act. WillScot intends to use the offering proceeds, together with funds drawn under WillScot’s fully committed $2.4 billion ABL credit facility, to be entered into at the closing of the Merger (as defined...

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Mimecast to Present at the 42nd NASDAQ Investor Conference in Association with Jefferies

LEXINGTON, Mass., June 15, 2020 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced Peter Bauer, Mimecast Chief Executive Officer and Rafe Brown, Mimecast Chief Financial Officer, will present at the will present at the 42nd NASDAQ Investor Conference in association with Jefferies.  Mimecast’s presentation, hosted by Jefferies Security Analyst, Brent Thill, will begin at 8:00 AM EST on June 16, 2020. Investors may listen to a live webcast of the presentation here.The presentation will be available for 90 days following the live event in the Investor Relations section of the Company’s website.About MimecastMimecast was born in 2003 with a focus on delivering relentless protection. Each day, we take on cyber disruption for our tens of thousands of customers around the globe;...

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First Horizon National Corporation and IBERIABANK Corporation Receive Regulatory Approvals for Merger of Equals

MEMPHIS, Tenn. and LAFAYETTE, La., June 15, 2020 (GLOBE NEWSWIRE) — First Horizon National Corp. (“First Horizon”) (NYSE: FHN) and IBERIABANK Corporation (“IBERIABANK”) (NASDAQ: IBKC) today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete their previously announced all-stock merger of equals. Upon completion of the merger, the combined company will be one of the largest financial services companies headquartered in the South and one of the top 25 banks in the United States, in deposits. The Companies expect the merger to be completed on July 1, 2020, pending customary closing conditions.“We are pleased to receive regulatory approval to merge our two companies,” said Bryan Jordan, Chairman and CEO of First Horizon. “First Horizon and IBERIABANK...

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Seacoast Banking Corporation of Florida Announces CEO Succession Plan

Charles Shaffer promoted to president and COO; to become CEO in December 2020Tracey Dexter promoted to executive vice president and CFOSTUART, Fla., June 15, 2020 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (NASDAQ: SBCF) (the “Company” or “Seacoast”) today announced that Charles (Chuck) Shaffer, current executive vice president, chief operating officer (COO), and chief financial officer (CFO), has been promoted to president and COO and will become chief executive officer (CEO) and a member of the Company’s board of directors in December 2020. Tracey Dexter, the Company’s current controller, has been promoted to executive vice president and CFO. Dennis S. Hudson, III, the Company’s current chairman of the board of directors and CEO, will become executive chairman of the board of directors in December 2020. Jennings...

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XP Inc. Further Strengthens the Wholesale Bank by Appointing José Berenguer to Lead its Expansion

SÃO PAULO, Brazil, June 15, 2020 (GLOBE NEWSWIRE) — XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced the hiring of José Berenguer to lead the expansion of the wholesale bank business. Mr. Berenguer will assume the position of CEO of Banco XP S.A. after a garden leave period and his main objective will be to transform the wholesale segment through the development of innovative products and services, with a focus on generating value through long-term and transparent relationships with customers.Since its beginning, XP Inc. has focused on individuals in transforming the Brazilian financial markets. Over time, the company realized that there was another segment as big, promising and poorly serviced. So, gradually as always,...

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NIO Inc. Announces Completion of Offering of American Depositary Shares

SHANGHAI, China, June 15, 2020 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer in China’s premium smart electric vehicle market, today announced the completion of the offering of 72,000,000 American depositary shares (the “ADSs”), each representing one Class A ordinary share of the Company (the “ADS Offering”), at a price of US$5.95 per ADS. The Company has granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 10,800,000 ADSs.Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC and China International Capital Corporation Hong Kong Securities Limited are acting as the joint book-running managers for the ADS Offering.The ADSs have been offered under the Company’s shelf registration statement on Form F-3 (the “Form F-3”) which was filed with the...

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Zentalis Pharmaceuticals to Present Preclinical Data on ZN-c5 at the Upcoming AACR Virtual Annual Meeting II

NEW YORK and SAN DIEGO, June 15, 2020 (GLOBE NEWSWIRE) — Zentalis Pharmaceuticals, Inc. (Nasdaq: ZNTL), a clinical-stage biopharmaceutical company focused on discovering and developing small molecule therapeutics targeting fundamental biological pathways of cancers, today announced that Ahmed Samatar, Ph.D., Senior Vice President of Oncology Research at Zentalis, will present preclinical data on ZN-c5 at the upcoming American Association of Cancer Research (AACR) Virtual Annual Meeting II taking place June 22-24th.The preclinical data demonstrated that ZN-c5, the Company’s oral selective estrogen receptor degrader (SERD) product candidate, had antitumor activity in human tumor breast cancer xenograft models. ZN-c5 also displayed excellent oral bioavailability across several preclinical species. ZN-c5 is currently being evaluated...

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Iterum Therapeutics plc Announces Result of Proposal 8 at Annual General Meeting

DUBLIN, Ireland and CHICAGO, June 15, 2020 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM), a clinical-stage pharmaceutical company developing anti-infectives against multi-drug resistant pathogens, today announced results of its Annual General Meeting held on June 10, 2020 (the “AGM”).At the AGM, all resolutions proposed at the meeting were duly passed by poll.Resolution No. 8 sought approval for the acquisition by investment funds managed and controlled by Sarissa Capital Management LP (together the Sarissa Funds) of up to 60% of the total issued ordinary share capital of the Company solely as a result of the potential future exchange of the 15,000 6.500% Exchangeable Senior Subordinated Notes due 2025 (the Exchangeable Notes) with an aggregate value of $15,000,000 held by the Sarissa Funds (the Sarissa Notes) without...

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