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Day: July 20, 2020

DAVIDsTEA Provides Update on Filing of Q1 Financial Statements

MONTREAL, July 20, 2020 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced on June 5, 2020 that it is availing itself of the 45-day blanket extension granted by the Canadian securities regulatory authorities for the filing of financial statements and management’s discussion and analysis for its first quarter ended May 2, 2020. As previously announced, DAVIDsTEA intends to file the first quarter financial statements and related documents no later than July 31, 2020.As required by the Canadian blanket order, DAVIDsTEA confirms that since June 5, 2020, the only material business developments are as set out in the Company’s: (A) material change report filed on SEDAR on July 14, 2020, reporting that: (i) the Company obtained an Initial Order on July 8, 2020...

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Les Thés DAVIDsTEA fait le point sur le dépôt des états financiers du T1

MONTRÉAL, 20 juill. 2020 (GLOBE NEWSWIRE) — Les Thés DAVIDsTEA Inc. (Nasdaq: DTEA) (« DAVIDsTEA » ou la « Société »), l’un des premiers marchands de thé en Amérique du Nord, a annoncé le 5 juin 2020 qu’elle se prévalait de la prolongation générale de 45 jours accordée par les autorités canadiennes de réglementation des valeurs mobilières pour le dépôt des états financiers et du rapport de gestion pour son premier trimestre clos le 2 mai 2020. Comme annoncé précédemment, DAVIDsTEA a l’intention de déposer les états financiers du premier trimestre et les documents connexes au plus tard le 31 juillet 2020.Comme l’exige l’ordonnance générale canadienne, DAVIDsTEA confirme que, depuis le 5 juin 2020, les seuls développements commerciaux importants sont ceux qui figurent dans le (A) la déclaration de changement...

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Bryn Mawr Bank Corporation Reports Second Quarter Net Income of $15.0 Million

BRYN MAWR, Pa., July 20, 2020 (GLOBE NEWSWIRE) — Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported net income of $15.0 million, or $0.75 diluted earnings per share for the three months ended June 30, 2020, as compared to a net loss of $11.2 million, or $(0.56) diluted earnings per share, for the three months ended March 31, 2020, and net income of $15.8 million, or $0.78 diluted earnings per share, for the three months ended June 30, 2019.On a non-GAAP basis, core net income, which excludes gain on sale of Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) loans, one-time costs associated with the wind-down of BMT Investment Advisers, a wholly-owned subsidiary of the Corporation, and severance associated with certain staff reductions,...

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COMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2020 EARNINGS DATE AND CONFERENCE CALL INFORMATION

FRISCO, TX, July 20, 2020 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) announces its plan to release second quarter 2020 results on August 5, 2020 after the market closes and host its quarterly conference call at 10:00 a.m. CT on August 6, 2020.  Please dial in at least 15 minutes in advance to ensure a timely connection to the call.Dial-In:  844-776-7840International Dial-In:  661-378-9538Conference ID:  8184639~~~The conference call will also be broadcast live in listen-only mode and can be accessed via the website URL:  https://edge.media-server.com/mmc/p/5w6cwknv~~~A replay of the conference call will be available beginning at 1:00 p.m. CT August 6, 2020 and will continue until 1:00 p.m. CT August 13, 2020.Replay Dial-In:  855-859-2056International Dial-In:  404-537-3406Conference ID:  8184639About Comstock Resources:Comstock...

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Molecular Templates, Inc. Raises $43 Million in Gross Proceeds Through Its At-the-Market Facility

AUSTIN, Texas, July 20, 2020 (GLOBE NEWSWIRE) — Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” “MTEM” or the “Company”), a clinical-stage biopharmaceutical company focused on the discovery and development of the Company’s proprietary targeted biologic therapeutics, engineered toxin bodies (ETBs), today announced that it has raised gross proceeds of approximately $43 million through its At-the-Market facility (“ATM”) with participation based on interest received from Consonance Capital Management. The Company sold approximately 3.6 million shares of the Company’s common stock at a purchase price of $12.00, the market price at the time of sale. Cantor Fitzgerald & Co. is acting as the sales agent for the ATM.The additional funds raised through the ATM will be used to advance the Company’s pipeline, including...

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Prudential Bancorp, Inc. Announces Third Quarter Fiscal 2020 Results

PHILADELPHIA, July 20, 2020 (GLOBE NEWSWIRE) — Prudential Bancorp, Inc. (the “Company”) (Nasdaq:PBIP), the holding company for Prudential Bank (the “Bank”), reported net income of $3.6 million, or $0.44 per basic and diluted share, for the quarter ended June 30, 2020 as compared to $2.6 million, or $0.30 per basic share and $0.29 per diluted share, for the same quarter in fiscal 2019.  For the nine months ended June 30, 2020, the Company reported net income of $9.0 million, or $1.04 per basic share and $1.03 per diluted share as compared to $6.9 million, or $0.79 per basic and $0.78 per diluted share, for the same period in fiscal 2019. Dennis Pollack, President and CEO, commented, “We are pleased to be able to report record quarterly earnings, despite the economic challenges created by the ongoing COVID-19 pandemic.  To help the...

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William Miller, Healthcare Pioneer, Passes Away

IRVING, Texas, July 20, 2020 (GLOBE NEWSWIRE) — HMS (NASDAQ: HMSY), a leading provider of payment accuracy and population health management solutions, has announced with much sadness, the passing of William F. Miller III. A distinguished, longstanding member of HMS’ Board of Directors since the year 2000, Bill has been a foundational pillar at HMS for 20 years.Bill’s impact and contributions to HMS extend well beyond his role on the Board. During his time with the company, Bill served as HMS’ Chief Executive Officer for five years and Chairman for six. The success and growth that HMS has achieved are a direct result of Bill’s leadership and character.“Bill joined HMS during a pivotal time in our corporate history, and as our new CEO, he immediately became the guiding light that navigated us through and we emerged as a better, stronger,...

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Surgalign Holdings, Inc. (formerly RTI Surgical Holdings, Inc.) Announces Closing of Sale of OEM Business, Name and Ticker Change, and Leadership Transitions

After-tax proceeds from the OEM sale will be utilized to repay all outstanding indebtedness and redeem outstanding Series A Convertible Preferred StockCompany has been renamed Surgalign Holdings, Inc and will trade under the ticker “SRGA” effective July 23, 2020DEERFIELD, Ill., July 20, 2020 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc. (formerly RTI Surgical Holdings, Inc.) (Nasdaq: RTIX), a global surgical implant company, today announced the closing of the sale of the OEM business, effective July 20, 2020, for a total consideration of $440 million, paid in cash.The Company has fully repaid all of its outstanding indebtedness, including the $80 million revolving line of credit with JP Morgan Chase Bank and both the $100 million term loan and $30 million incremental term loan commitment with Ares Capital Corporation. The Company...

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Asia Pacific Wire & Cable Corporation Announces Listing Transfer to The Nasdaq Capital Market

TAIPEI, Taiwan, July 20, 2020 (GLOBE NEWSWIRE) — Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (the “Company”), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced that the Company’s application to transfer its listing from The Nasdaq Global Market to The Nasdaq Capital Market has been approved by The Nasdaq Stock Market (“Nasdaq”).In November 2019, Nasdaq notified the Company that it was not in compliance with the minimum Market Value of Publicly Held Shares (“MVPHS”) requirement for continued listing on The Nasdaq Global Market. The Company’s MVPHS remains below the minimum MVPHS required for continued listing on The Nasdaq Global Market.The Company expects its stock to begin trading...

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Northfield Announces Normal Course Issuer Bid

TORONTO, July 20, 2020 (GLOBE NEWSWIRE) — Northfield Capital Corporation (“Northfield”) announced today its intention to effect a normal course issuer bid through the facilities of the TSX Venture Exchange, subject to receipt of regulatory approval.Upon receiving regulatory approval, Northfield may, during the 12 month period commencing July 23, 2020 and ending July 22, 2021, purchase on the TSX Venture Exchange up to 113,103 Class A restricted voting shares in total, representing approximately 5% of the Class A restricted voting shares currently issued and outstanding.  The price which Northfield will pay for any such shares will be the market price at the time of acquisition.  The actual number of Class A restricted voting shares which may be purchased and the timing of any such purchases will be determined by Northfield.  Northfield...

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