Month: June 2020

Highlights of the First Quarter of 2020:Net revenues: $13.3 million in Q1 2020, as compared to $16.0 million in Q1 2019Net loss: $8.3 million in Q1 2020, as compared to net loss of $8.6 million in Q1 2019EBITDA1: $1.0 million in Q1 2020, as compared to $0.4 million in Q1 2019Refinancing of $30.6 million of indebtednessRecent developments:New time charter agreement with Glencore for an additional Capesize vesselSuccessful completion of equity capital markets transactionsSignificant improvement of Capesize market fundamentalsATHENS, Greece, June 25, 2020 (GLOBE NEWSWIRE) — Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP), announced today its financial results for the first quarter ended March 31, 2020.For the quarter ended March 31, 2020, the Company generated net revenues of $13.3 million, a 17% decrease compared to...

NEW YORK, June 25, 2020 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq: TERP) (“TerraForm Power”) today announced that it has established a record date of June 26, 2020 and a stockholder meeting date of July 29, 2020 for a meeting of its stockholders to, among other things, vote to approve proposals related to the merger agreement between TerraForm Power and Brookfield Renewable Partners L.P. (“Brookfield Renewable”) (the “Merger Agreement”) that was previously announced on March 16, 2020.  The stockholder meeting to take place on July 29, 2020 at 11:00 a.m., Eastern Time, will be held virtually via webcast at www.virtualshareholdermeeting.com/TERP2020.TerraForm Power stockholders as of the close of business on the record date of June 26, 2020, will be entitled to receive notice of, and to vote at, the stockholder meeting. Upon...

NEW YORK, June 25, 2020 (GLOBE NEWSWIRE) — Cellectis (Euronext Growth: ALCLS; Nasdaq: CLLS), a biopharmaceutical company focused on developing immunotherapies based on gene-edited allogeneic CAR T-cells (UCART), announced the publication of a new research paper released today in Frontiers in Bioengineering and Biotechnology. This article describes an innovative and easy-to-implement procedure which will streamline the manufacturing of allogeneic ‘off-the-shelf’ CAR T-cell therapies.The methodology described in this article defines a novel non-mechanical purification strategy to generate TCRαβ negative (allogeneic) cells for CAR T-cell therapies. With an early and transient expression of an anti-CD3 CAR in the engineered donor T-cells, Cellectis programed these cells to self-eliminate the remaining TCR+ cell population and obtained...

LONDON, June 25, 2020 (GLOBE NEWSWIRE) — Vicor Corporation (NASDAQ: VICR), a leader in high-density and high-efficiency power management solutions, is pleased to announce that it has become a member of the Global Semiconductor Alliance (GSA), the voice of the global semiconductor industry.Vicor’s GSA membership reflects its leadership in powering processors with Power-on-Package technology, which enables unparalleled current density and efficient current delivery for advanced applications in AI accelerator cards, AI high-density clusters, HPC and high-speed networking.In addition, Vicor’s participation in the GSA Automotive interest group highlights its emerging role in vehicle electrification using innovative power modules that provide unprecedented size and weight advantages, high levels of integration and market-leading performance.About...

CALGARY, Alberta, 25 juin 2020 (GLOBE NEWSWIRE) — Canoe Financial LP (« Canoe ») a le plaisir d’annoncer que les porteurs de parts ont approuvé la proposition de fusions de fonds (les « fusions ») décrites dans le tableau ci-dessous. Chaque fusion devrait être réalisée à la fermeture des bureaux vers le 3 juillet 2020, pourvu que certaines conditions soient satisfaites.*Cette fusion n’aura lieu qu’après la clôture de l’opération précédemment annoncée aux termes de laquelle Canoe fera l’acquisition des droits de gestion de la totalité des organismes de placement collectif destinés aux investisseurs individuels offerts par Fiera Investissements.De plus amples renseignements sur les fusions figurent dans l’avis de convocation aux assemblées extraordinaires et dans la circulaire d’information...

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.TORONTO, June 25, 2020 (GLOBE NEWSWIRE) — Automotive Finco Corp. (TSX-V: AFCC) (“AFCC” or the “Company”) is pleased to announce the results from its annual general and special meeting of shareholders held June 25, 2020 (the “Meeting”).At the Meeting, shareholders overwhelmingly elected the following nominees to serve as directors of the Company for the ensuing year: Farhad Abasov, Curtis Johansson and Kail Ross. Mr. Abasov will serve as Chairman of the Board.  Shareholders also approved the reappointment of Raymond Chabot Grant Thornton LLP, Chartered Accountants as auditors of the Company and the continued...

OMAHA, Neb., June 25, 2020 (GLOBE NEWSWIRE) — Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation’s largest transportation and logistics companies, will release its second quarter 2020 earnings on Wednesday, July 29, 2020, after the market close. The company will also hold a conference call to discuss the second quarter 2020 results and updated 2020 outlook on the same day, beginning at 4:00 p.m. CT.The news release, live webcast of the earnings conference call, and accompanying slide presentation will be available at www.werner.com in the “Investors” section under “News and Events” and then “Webcasts & Presentations.” To participate in the conference call, please dial (844) 701-1165 (domestic) or (412) 317-5498 (international). Please mention to the operator that you are dialing in for the Werner Enterprises call.A...

PLANO, Texas, June 25, 2020 (GLOBE NEWSWIRE) — Integer Holdings Corporation (“Integer”) (NYSE: ITGR), a leading medical device outsource manufacturer, announced the opening of The Galway Research and Development (R&D) Innovation Centre in Ireland. The new facility will further enhance Integer’s capability to provide high-quality medical devices and technologies that help sustain and save the lives of patients worldwide.The Galway R&D Innovation Centre will enable Integer to provide a collaborative environment where both Integer and our customers’ teams can work together to ideate and develop new and innovative devices.“Integer continues to make key investments to help support our customers’ innovation and growth,” said Payman Khales, president of Integer’s cardio and vascular business. “The Galway R&D Innovation Centre...

First Deliveries of Contract Option Exercises Announced in April 2020NEW YORK, June 25, 2020 (GLOBE NEWSWIRE) — SIGA Technologies, Inc. (SIGA) (NASDAQ: SIGA), a commercial-stage pharmaceutical company focused on the health security market, today announced the deliveries of oral TPOXX® (tecovirimat) to the U.S. Department of Health and Human Services (HHS). These deliveries, valued at approximately $32 million, are the initial deliveries of the contract option exercises announced in April 2020. The previously-announced option exercises under the 2018 contract (“19C BARDA Contract”) with the Biomedical Advanced Research and Development Authority (BARDA), part of the Office of the Assistant Secretary for Preparedness and Response at HHS, are worth a total of approximately $101.3 million for the procurement of oral TPOXX. Deliveries...