Month: June 2020

PLANO, Texas, June 09, 2020 (GLOBE NEWSWIRE) — Green Brick Partners, Inc. (Nasdaq: GRBK) (“we,” “Green Brick” or the “Company”) provided notice today of a change of the location for the Company’s 2020 Annual Meeting of Stockholders (the “Annual Meeting”).Due to the public health impact and travel concerns related to the COVID-19 pandemic, as well as protocols imposed by federal, state and local governments, the Company has decided to hold the Annual Meeting in a virtual-only meeting format on Tuesday, June 23, 2020, at 10:00 a.m. Central Time. You will not be able to attend the Annual Meeting in person. We expect this modification in meeting format to be effective for this year only due to the public health impact of, safety protocols imposed by governmental authorities as a result of, and travel concerns related to, the COVID-19 pandemic...

Company Enters Growth Phase in Hospital Market with Support of DeerfieldAcquisition to Augment Company’s Core Antibiotic Portfolio MORRISTOWN, N. J. , June 09, 2020 (GLOBE NEWSWIRE) — Melinta Therapeutics, Inc. (“Melinta”), a commercial-stage antibiotics company, announced that on June 4, 2020, it entered into a definitive merger agreement with Tetraphase Pharmaceuticals, Inc. (“Tetraphase”) pursuant to which Melinta would acquire Tetraphase, through a tender offer, for an aggregate of $39.0 million in cash, plus an additional $16.0 million in cash potentially payable under contingent value rights (“CVRs”) to be issued in the proposed acquisition.  Closing of the transaction is subject to specified closing conditions and is expected to occur in the third quarter of 2020, at which time Tetraphase will become a privately held company...

TREVOSE, Pa., June 09, 2020 (GLOBE NEWSWIRE) — StoneMor Inc. (NYSE: STON) (“StoneMor”) today announced the commencement of an exchange offer for all of the outstanding 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024 (the “Old Notes”) issued by StoneMor Partners L.P. and Cornerstone Family Services of West Virginia Subsidiary, Inc. (together the “Issuers”) for an equal principal amount of new 9.875%/11.500% Senior Secured PIK Toggle Notes due 2024 (the “New Notes”) issued by the Issuers that have been registered under the Securities Act of 1933, as amended (the “Securities Act”).  StoneMor is the sole general partner of StoneMor Partners L.P. and Cornerstone Family Services of West Virginia Subsidiary, Inc. is a wholly-owned subsidiary of StoneMor Partners L.P.  The exchange offer commenced on June 9, 2020, and will expire...

First Quarter Impacted by Temporary Store Closures Beginning March 20thApproximately 90% of Stores Reopened to DatePHILADELPHIA, PA, June 09, 2020 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the first quarter ended May 2, 2020.For the first quarter ended May 2, 2020:Due to the COVID-19 pandemic, the Company temporarily closed all of its stores as of March 20, 2020. These stores began to reopen in late April 2020 in compliance with federal, state and local requirements. As of June 9, 2020, the Company has reopened approximately 90% of its stores.The results in the first quarter reflect the impact of the closures and reopenings.Net sales decreased by 44.9% to $200.9 million from $364.8 million in the first quarter of fiscal 2019; comparable sales decreased by 51.8%.The Company opened 20...

Geneva, Switzerland and Boston, MA – June 9, 2020 – ObsEva SA (NASDAQ: OBSV / SIX: OBSN), a clinical-stage biopharmaceutical company focused on the development and commercialization of novel therapeutics for serious conditions that compromise a woman’s reproductive health and pregnancy, today announced that shareholders approved all Board proposals at its 2020 Annual General Meeting held on June 9, 2020. The approved items are as follows:Shareholders approved the Annual Report, the Statutory Financial Statements and the Consolidated Financial Statements for Fiscal Year 2019 Shareholders granted discharge to the Members of the Board of Directors and to the Executive Committee for year 2019 Shareholders approved the proposed appropriation of the Financial Results for year 2019 Shareholders approved the proposed re-elections to the...

MONTRÉAL, 09 juin 2020 (GLOBE NEWSWIRE) — DIOS EXPLORATION INC. (DIOS) a octroyé un contrat de  coupe d’un réseau de ligne de 3.2 km X 0.7-1.1 km (lignes aux 200 m) et de polarisation provoquée dipôle-dipôle en domaine du temps (n=1@6, séparation aux 25 m) pour mieux définir la cible Wi-Target sur son projet d’or K2 en Eeyou Istchee Baie James au Québec, au sud-ouest de la propriété d’or Elmer d’Exploration Azimut.  Ce programme permettra un ciblage plus fin de la cible Wi-Target pour une première campagne de forage prévue en fin d’été-automne.La cible Wi-Target est un grand conducteur électromagnétique aéroporté AIIP/Input-Em (2-3 canaux) n’affleurant pas de 3.6 km de long  X 150-300 m de large orienté O/OSO dans des volcanites felsiques bordant le pluton de Kali.  Les travaux de Dios ont mis  au jour des blocs erratiques de dacite...

CLINTON, N.J., June 09, 2020 (GLOBE NEWSWIRE) — Unity Bank is seeking sponsors and classic car owners for the 14th Annual Cruisin’ Bob’s Classic Car Show, which for the last 13 years has been held at the bank’s Clinton headquarters, but will be virtual this year due to the coronavirus pandemic. All proceeds from the car show will benefit Family Promise of Hunterdon County and Family Promise of Warren County.“For the last 13 years, the car show has been a fun way to support Family Promise’s valuable work in the community, and they need our support more than ever this year,” said Unity Bank President & CEO James A. Hughes. “Our employees and the community love the car show. We think a virtual car show will be a fun way to raise money for Family Promise while still engaging our loyal car owners who have consistently supported...

FirstFarms A/S has today signed conditional agreement (SPA). The agreement is entered in continuation of Head of Terms about sale of 1,675 hectares of land in West Romania (company announcement no. 9 of 30 April 2020).The expected sales price constitutes DKK 85 million. The trade is expected to be carried out in tranches over the coming 8-11 months.The profit of the sale is expected to affect EBIT with DKK 40 million over the coming 11 months.FirstFarms adjusts the announced expectations to 2020 upwards by DKK 20 million. There is now expected an EBITDA result in the level of DKK 95-120 million and an EBIT result of DKK 45-70 million. In 2019, an EBITDA of DKK 96 million and EBIT of DKK 48 million was realised.Anders H. Nørgaard says: “With this sale we are realising a significant and satisfactory profit from our development of the land...

FirstFarms A/S har i dag underskrevet betinget salgsaftale (SPA). Aftalen er indgået i forlængelse af Head of Terms om salg af 1.675 hektar jord i Vestrumænien (selskabsmeddelelse nr. 9 af 30. april 2020).Den forventede salgspris udgør 85 mio. kr. Handelen forventes gennemført i trancher over de kommende 8-11 måneder.Avancen ved salget forventes at påvirke EBIT med 40 mio. kr. over de kommende 11 måneder.FirstFarms opjusterer de udmeldte forventninger til 2020 med 20 mio. kr. Der forventes nu et EBITDA-resultat i intervallet 95-120 mio. kr. og et EBIT-resultat på 45-70 mio. kr. Der blev i 2019 realiseret et EBITDA på 96 mio. kr. og EBIT på 48 mio. kr.Anders H. Nørgaard udtaler: ”Med dette salg realiserer vi en væsentlig og tilfredsstillende avance fra vores udvikling af jorden i Vestrumænien”. Anders H. Nørgaard supplerer, ”FirstFarms’...

ROCKVILLE, Md., June 09, 2020 (GLOBE NEWSWIRE) — Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, today announced the closing of the acquisition of the CNS portfolio of US WorldMeds, a privately-held biopharmaceutical company. This transaction builds on Supernus’ experience in CNS diseases and expands its marketing and development efforts into Parkinson’s disease.“This acquisition significantly expands our business in CNS and increases and diversifies our revenue and earnings streams, while continuing to maintain a strong balance sheet,” said Jack Khattar, President and CEO of Supernus. “We welcome our US WorldMeds’ colleagues who are joining Supernus and look forward to working with them on building...