Month: July 2020

WOBURN, Mass., July 16, 2020 (GLOBE NEWSWIRE) — NeuroMetrix, Inc. (Nasdaq:NURO) announced today that it plans to issue its 2020 second quarter financial results before the opening of the market on Thursday, July 23, 2020. The Company will host a conference call at 8:00 a.m., Eastern Time on July 23, 2020 to discuss its financial results as well as business developments affecting the Company.The conference call may be accessed in the United States by dialing 844-787-0799 and using the confirmation code 4284442. Internationally, the conference call may be accessed by dialing 661-378-9630 and using the same confirmation code. The earnings press release and accompanying condensed financial statements will be accessible from the Company’s website at www.NeuroMetrix.com under the “Investor Relations” tab.A replay of...

Sanoma Corporation, Inside Information, 16 July 2020 at 22:20 EETSanoma divests its online classifieds business Oikotie to Schibsted for EUR 185 millionSanoma has divested Oikotie Ltd, a leading online classifieds player in Finland, to Schibsted, the leading player within marketplaces in the Nordics. The agreed enterprise value (EV) of Oikotie is EUR 185 million, corresponding to an EV/EBITDA multiple of 19.6 (based on 2019 pro forma EBITDA). The divestment concludes the evaluation of strategic options for Oikotie, which was announced on 11 February 2020. According to its strategy, Sanoma will use the funds primarily to further grow its learning business.“The divestment of Oikotie strengthens Sanoma’s strategic focus on Learning and the chosen core businesses of Media Finland: news & feature, entertainment and B2B marketing solutions....

Sanoma Oyj, sisäpiiritieto, 16.7.2020 klo 22.20Sanoma myy luokiteltujen ilmoitusten liiketoimintansa Oikotien Schibstedille 185 milj. eurollaSanoma on myynyt Oikotie Oy:n, Suomen johtavan luokiteltujen ilmoitusten toimijan Schibstedille, Pohjoismaiden johtavalle markkinapaikkoja tarjoavalle toimijalle. Oikotien sovittu kauppahinta ilman velkoja ja käteisvaroja (enterprise value) on 185 milj. euroa, joka vastaa arvostuskerrointa 19,6 suhteessa käyttökatteeseen (2019 pro forma käyttökate). Myyminen saattaa päätökseen Oikotien strategisten vaihtoehtojen arvioinnin, josta Sanoma tiedotti 11.2.2020. Strategiansa mukaisesti Sanoma tulee käyttämään kaupasta saadut varat pääasiassa oppimisliiketoimintansa kasvattamiseen.”Oikotien divestointi tukee Sanoman strategiaa, jonka mukaisesti keskitymme Learningiin sekä Media Finlandin valittuihin ydinliiketoimintoihin:...

Schibsted and Sanoma have reached an agreement where Schibsted acquires 100% of Oikotie, a Finnish multi-vertical online marketplace, from Sanoma. Schibsted has been the owner of Tori.fi for over a decade, and through the acquisition of Oikotie, Schibsted aims to expand its presence in the Finnish online marketplaces segment with a focus on growth and ambitious innovation.The agreement values Oikotie at EUR 185 million on an enterprise value basis. This implies an EBITDA multiple based on pro-forma earnings in 2019 of approximately 19.6x. Pro-forma 2019, Oikotie had revenues of EUR 27.6 million (2018: EUR 26.3 million) and an EBITDA margin of 34% (2018: 32%). Pro-forma Q1 2020, which was affected by COVID-19, operating revenues were EUR 7.2 million (Q1 2019: EUR 7.8 million), EBITDA margin was 33% (Q1 2019: 38%).Together, Tori and Oikotie...

Burr Ridge, July 16, 2020CNH Industrial (NYSE: CNHI /MI: CNHI) announced the winners of the 2020 Sergio Marchionne Student Achievement Awards for North America.The annual Student Achievement Awards Program recognizes children of CNH Industrial’s employees for their academic excellence, involvement in extracurricular activities and community service. The program highlights the Company’s commitment to promoting education, investing into talent, and giving back to the community. Started in 1996, it is open to students who have graduated in the previous year with a high school diploma, an associate’s degree or a bachelor’s degree, and is offered in all countries where CNH Industrial has a significant presence. Since its inception, monetary awards have been granted to more than 40,000 students worldwide.The award presentation for the winning...

MONTREAL, July 16, 2020 (GLOBE NEWSWIRE) — (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is pleased to announce that, subject to regulatory approval, it has completed the first closing (the “First Closing”) of its previously announced private placement of up to $15,000,000 (the “Private Placement”) comprising of up to 20,000,000 units of the Corporation (the “Units”) at a price of $0.75 per Unit. At the First Closing, the Corporation has issued 8,948,352 Units at a price of $0.75 per Unit for total amount of $6,711,264 in full satisfaction of an aggregate outstanding debts of the Corporation in such total amount (the “Debt Settlement”) or in cash.Each Unit is composed of one Class A Common Share in the capital of the Corporation (a “Common Share”) and a Common Share purchase warrant (a “Warrant”) entitling the holder...

MONTRÉAL, 16 juill. 2020 (GLOBE NEWSWIRE) — (CSE: EMER) Émergia Inc. (la « Société » ou « Émergia ») est heureuse d’annoncer que, sous réserve de l’approbation des autorités réglementaires, elle a complété la première clôture (la « première clôture ») de son placement privé annoncé précédemment pouvant atteindre 15 000 000 $ (le « placement privé ») comprenant jusqu’à 20 000 000 d’unités de la Société (les « unités ») au prix de 0,75 $ l’unité. À la première clôture, la Société a émis 8,948,352 unités au prix de 0,75$ l’unité pour un montant total de 6 711 264 $ en règlement de dettes impayées de la Société (le « règlement de dette ») ou en argent.Chaque unité est composée d’une action ordinaire de catégorie A du capital de la Société (une « action ordinaire de catégorie A ») et d’un bon...

RIMOUSKI, Quebec, July 16, 2020 (GLOBE NEWSWIRE) — Puma Exploration Inc., PUMA-TSXV, (“Puma”) announces today, that following the recent market activities, the company had to change the current private placement terms announced on May 27th, 2020 to increase the initial amount of $500,000 to $962,500 and the unit price to 5.5 cents. Puma is undertaking a non-brokered private placement of units, which has been conditionally approved by the TSX Venture Exchange, for a maximum of $962,500. Pursuant to the placement, Puma is offering a maximum of 17.5 million units at a price of 5.5 cents per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of 10 cents per common share for a period of 24 months after the closing.The company will...

Orlando, Florida, July 16, 2020 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of influencer marketing technology, data, and services for the world’s leading brands, today announced the launch of BrandGraph® Pulse. BrandGraph Pulse is a new feature that allows users to monitor the social media content mentioning any brand entity found in the platform. Powered by IZEA’s proprietary content classification engine and social content dataset, BrandGraph Pulse surfaces insights about brands and delivers daily or weekly activity digests directly to the user via a third-party messaging platform.Slack® IntegrationBrandGraph Pulse has launched with Slack integration. Slack is a leading corporate messaging platform with over 12 million daily users. The Slack integration allows BrandGraph users with Slack accounts...

Challenger 350 aircraft to feature high-speed Ka-band connectivity, a refreshed CMS interface inspired by the flagship Global 7500 aircraft, and sophisticated cabin design optionsBest-in-class Challenger 350 business jet delivers a smooth ride and an intercontinental range that holds true at full fuel with eight passengersMONTREAL, July 16, 2020 (GLOBE NEWSWIRE) — Passengers have even more reason to love the best-selling Challenger 350 aircraft thanks to a new suite of enhancements that further elevate the cabin experience aboard this award-winning jet.“The Challenger 350 aircraft stays on top because it’s the best, and these new features set this business jet even further apart from competitors,” Peter Likoray, Senior Vice President, Worldwide Sales and Marketing, Bombardier Business Aircraft. “Customers prefer this aircraft because...