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Month: July 2020

Apollo Global Management Announces Date for 2020 Annual Meeting of Stockholders

NEW YORK, July 27, 2020 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (the “Company” and together with its consolidated subsidiaries, “Apollo”) announced today that its 2020 Annual Meeting of Stockholders (“Annual Meeting”) will be held on October 1, 2020, at 9:00 a.m., Eastern Daylight Time. The record date for the meeting is August 7, 2020. The Annual Meeting will be held virtually as a result of continuing concerns surrounding the COVID-19 pandemic.To be timely, pursuant to the Company’s bylaws and Rule 14a-8 of the Securities Exchange Act of 1934, as amended, any notice of business or nominations with respect to the Annual Meeting must be received by no later than 5:00 p.m., Eastern Daylight Time, on August 6, 2020. Any such stockholder proposal must be submitted and must comply with the applicable...

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Allena Pharmaceuticals Announces $5.0 Million Bought Deal Offering

NEWTON, Mass., July 27, 2020 (GLOBE NEWSWIRE) — Allena Pharmaceuticals, Inc. (NASDAQ: ALNA), a late-stage, biopharmaceutical company dedicated to developing and commercializing first-in-class, oral enzyme therapeutics to treat patients with rare and severe metabolic and kidney disorders, announced today that it has entered into an underwriting agreement with H.C. Wainwright & Co., LLC under which the underwriter has agreed to purchase on a firm commitment basis 3,846,154 shares of common stock of the Company, at a price to the public of $1.30 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about July 30, 2020, subject to satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the sole book-running manager for the offering.The Company...

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Enterprise Bancorp, Inc. Announces Second Quarter 2020 Net Income of $7.3 Million

LOWELL, Mass., July 27, 2020 (GLOBE NEWSWIRE) — Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced net income for the three months ended June 30, 2020 of $7.3 million, or $0.61 per diluted share, compared to $7.8 million, or $0.66 per diluted share, for the three months ended June 30, 2019. Net income for the six months ended June 30, 2020 amounted to $11.3 million, or $0.95 per diluted share, compared to $16.5 million, or $1.39 per diluted share, for the six months ended June 30, 2019.As previously announced on July 21, 2020, the Company declared a quarterly dividend of $0.175 per share to be paid on September 1, 2020 to shareholders of record as of August 11, 2020.Chief Executive Officer Jack Clancy commented, “The second quarter was highlighted by several key operating and strategic initiatives. Our...

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Candente Gold announces proposed Warrants Extension

VANCOUVER, British Columbia, July 27, 2020 (GLOBE NEWSWIRE) — Candente Gold Corp. (TSXV:CDG) (“Candente Gold” and/or the “Company”) advises that it has applied to the TSX Venture Exchange (“TSXV”) for approval to extend the exercise period of a total of 5,000,000 outstanding share purchase warrants (the “Warrants”) issued pursuant to the private placement completed on August 12, 2016.  The amended expiry date was August 12th, 2020 and if the extension is approved, the new expiration date will be August 12th, 2021.The exercise price of the Warrants will remain unchanged at $0.10 with the acceleration clause unchanged as follows: “Each full warrant will be exercisable for one additional share of the Company’s common stock (a “Warrant Share”) at a conversion price of $0.10, subject to an acceleration provision triggered if at any time...

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First Bank Reports Second Quarter 2020 Net Income of $4.1 Million

Net Income of $7.4 Million for First Six Months of 2020  For the Second Quarter and First Half of 2020: Continued Strong Loan Origination,Solid Revenue Growth, Effective Management of Non-Interest ExpenseHAMILTON, N.J., July 27, 2020 (GLOBE NEWSWIRE) — First Bank (Nasdaq Global Market: FRBA) today announced results for the three and six months ended June 30, 2020. Net income for the second quarter of 2020 was $4.1 million, or $0.21 per diluted share, compared to $2.8 million, or $0.15 per diluted share, for the second quarter of 2019. Return on average assets and return on average equity for the second quarter of 2020 were 0.74% and 7.33%, respectively, and 0.64% and 5.64%, respectively, for the second quarter of 2019. Net income for the first six months of 2020 was $7.4 million, or $0.36 per diluted share, compared to $7.1 million,...

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Costamare Inc. Reports Results for the Second Quarter and the Six-Month Period Ended June 30, 2020

MONACO, July 27, 2020 (GLOBE NEWSWIRE) — Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2020”) and six-months ended June 30, 2020.Liquidity of $220.7 million as of end Q2 2020 (including our share of cash amounting to $19.6 million held in subsidiaries co-owned with York Capital Management Global Advisors LLC and an affiliated fund (collectively, together with the funds it manages or advises, “York”)).Voyage Revenues of $111.9 million in Q2 2020.Delivery on July 24, 2020 of the 12,690 TEU containership YM Triumph (ex Hull Nr YZJ2015-2057) the first of a series of five sister vessels ordered in May 2018. On July 25, 2020, the vessel commenced its ten-year charter with Yang Ming.Adjusted Net Income available to common stockholders(1) of $31.7 million...

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Hallmark Financial Announces Nasdaq Compliance

DALLAS, July 27, 2020 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (“Hallmark Financial”) (NASDAQ: HALL) today announced confirmation from Nasdaq that Hallmark Financial has regained compliance with Nasdaq’s periodic filing requirement.  Nasdaq further advised that this rule compliance matter is now closed.About Hallmark FinancialHallmark Financial is a specialty property and casualty insurance holding company with a diversified portfolio of insurance products written on a national platform.  With six insurance subsidiaries and offices in Dallas/Fort Worth, San Antonio, Chicago, Jersey City and Atlanta, Hallmark Financial markets, underwrites and services approximately $800 million annually in commercial and personal insurance premiums in select markets.  Hallmark Financial is headquartered in Dallas, Texas and its common...

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Freddie Mac Issues Monthly Volume Summary for June 2020

MCLEAN, Va., July 27, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for June 2020, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.comINVESTOR CONTACT:...

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CRISPR Therapeutics Provides Business Update and Reports Second Quarter 2020 Financial Results

-Dosing re-initiated in clinical trials of CTX001™ for patients with severe hemoglobinopathies-– CTX001 has received orphan drug designation from the U.S. FDA for sickle cell disease (SCD)--Expands regenerative medicine portfolio through a collaboration with University Health Network (UHN), gaining access to hepatocytes-ZUG, Switzerland and CAMBRIDGE, Mass., July 27, 2020 (GLOBE NEWSWIRE) — CRISPR Therapeutics (Nasdaq: CRSP), a biopharmaceutical company focused on creating transformative gene-based medicines for serious diseases, today reported financial results for the second quarter ended June 30, 2020.“We continue to make substantial progress driving our multiple, ongoing clinical development programs. Enrollment in our immuno-oncology trials is ongoing, and we’ve re-initiated dosing in our CTX001 trials,” said Samarth...

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