Month: July 2020

MALVERN, Pa., July 17, 2020 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on improving the lives of patients who suffer from psychiatric disorders, announced that, in connection with the hiring of Keith J. Sullivan as the company’s President and Chief Executive Officer on July 14, 2020, the company’s Board of Directors authorized the grant to Mr. Sullivan of the following long term equity incentive grants as an inducement material to him accepting employment with the company, each of which was made outside of Neuronetics’ 2018 Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4) with vesting subject to Mr. Sullivan’s continued employment with the company on the relevant vesting date:500,000 restricted stock units, 25% of which will vest annually. Each...

NEW YORK, July 17, 2020 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and six months ended June 30, 2020 after the close of market on August 5, 2020. New York Mortgage Trust’s executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Thursday, August 6, 2020. The conference call dial-in number is 877-312-8806.A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis, at the Investor Relations section of the Company’s website at www.nymtrust.com. Please allow extra time, prior to the call, to visit the site and download the necessary software to listen to the Internet broadcast.A replay of the conference call will be available by calling 855-859-2056....

QUEBEC CITY, July 17, 2020 (GLOBE NEWSWIRE) — Benoit Chotard, President of Orletto Capital II Inc. (“Orletto”) (TSX-V “OLT.P”), a Capital Pool Company, announces the termination of the agreement in principle (the “Agreement”) concluded with MiMedia Inc. (“MiMedia”) for the realization of a qualifying transaction, as per Policy 2.4 of the TSX Venture Exchange Corporate Finance Manual, as previously announced on July 30, 2019.On January 28, 2020, Orletto announced that the final date upon which Orletto and MiMedia had initially agreed to achieve certain milestones pursuant to the Agreement had been extended to take place on or prior to June 30, 2020. However, the terms and conditions contained in the Agreement were not executed by June 30, 2020. Consequently, it has been decided, by common agreement, not to proceed with the qualifying...

QUÉBEC, 17 juill. 2020 (GLOBE NEWSWIRE) — Benoit Chotard, président de Capital Orletto II inc. (« Orletto ») (TSX-V « OLT.P »), une société de capital de démarrage, annonce la résiliation d’un accord de principe (l’« Accord ») conclu avec MiMedia inc. (« MiMedia ») en vue de la réalisation d’une opération admissible, telle que définie à la Politique 2.4 du Guide de financement des sociétés de la Bourse de croissance TSX et tel que préalablement annoncé le 30 juillet 2019.Le 28 janvier 2020, Orletto a annoncé que la date limite à laquelle Orletto et MiMedia avaient initialement convenu de franchir certains jalons conformément à l’Accord avait été prolongée pour avoir lieu au plus tard le 30 juin 2020. Cependant, les conditions contenues dans l’Accord n’ont pas été exécutées au 30 juin 2020. Par conséquent, il a été décidé, d’un...

MONTREAL, July 17, 2020 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, is pleased to announce the completion and funding on July 8th 2020 of a new financing agreement with Bank of Montreal, acting as lead-arranger and sole bookrunner for the syndication of a new credit facility. Pursuant to this transaction, the Company and its US subsidiary company, Velan Valve Corp., refinanced its demand credit facilities and put in a place a new 3-year revolving facility of USD $65,000,000. The facility will be used for general corporate purposes and will provide the Company’s North American operations with the necessary liquidity to pursue its strategic objectives, including the V20 Transformation Plan.Réjean Ostiguy, CFO of Velan Inc., said, “This new financing provides the necessary...

MONTRÉAL, 17 juill. 2020 (GLOBE NEWSWIRE) — Velan Inc. (TSX : VLN) (la « Société ») l’un des plus importants fabricants de robinetterie industrielle au monde, est heureuse d’annoncer la conclusion, en date du 8 juillet 2020, d’un nouvel accord de financement avec la Banque de Montréal, agissant à titre de chef de file et de seul teneur de livres pour la syndication d’une nouvelle facilité de crédit. Dans le cadre de cette transaction, la société et sa filiale américaine, Velan Valve Corp. ont refinancé leurs facilités de crédit à vue et mis en place une nouvelle facilité renouvelable de trois (3) ans d’un montant de 65 millions de dollars américains. Celle-ci servira à des fins commerciales générales et fournira les liquidités nécessaires aux opérations nord-américaines pour poursuivre ses objectifs stratégiques, notamment en ce...

Los Angeles, CA, July 17, 2020 (GLOBE NEWSWIRE) — KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) (“KNOS” or the “Company”), a product development and production company that has significantly changed the way air is moved, filtered, and sterilized, announced today the launch of the1-800- SAFE AIR Independent Sales Rep Program, which is intended to add up to 200 representatives nationwide in the USA during the third quarter. This is an effort by the Company to establish the independent rep channel in the marketplace, providing a bigger selection of products and services in order to expand transaction volumes.The development and launch of this program comes in response to both customer and shareholder feedback. Many of the Company’s shareholders are also product owners that expressed an interest...

NaconPièce jointeNACON_ Information mensuelle DDV 30 06 2020

SALT LAKE CITY, July 17, 2020 (GLOBE NEWSWIRE) — Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has rescinded its merger with Affiliated Funding Corporation and is exiting the invoice factoring business to avoid potential losses and market risk associated with the economic impact of COVID-19.“What began as an incredibly good opportunity in invoice factoring quickly began to look like we were walking straight into an economic trap,” said Paul Edward Norat, CEO of Capital Financial Global. “By unwinding the merger with AFC and getting out of the invoice factoring business this early we truly believe we are dodging a bullet.”“We are only now beginning to see the true economic effects of COVID-19 as it ripples through multiple layers of overlapping industries and throughout vertically integrated value chains,”...

Bigben InteractivePièce jointeACTIONS_DDV BBI 30 06 2020