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Month: July 2020

ACADIA HEALTHCARE PARTNERS WITH TOWER HEALTH TO OPEN TOWER BEHAVIORAL HEALTH IN READING, PENNSYLVANIA

FRANKLIN, Tenn., July 13, 2020 (GLOBE NEWSWIRE) — Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced the opening of a new behavioral health facility, Tower Behavioral Health, through the Company’s previously announced joint venture with Tower Health. The facility, located at 201 Wellness Way in Reading, Pennsylvania, will begin accepting patients on July 14, 2020. Initially, Tower Behavioral Health will include a general psychiatric unit, offering acute inpatient care for adults age 18 and older. Following the opening of the facility, a mood disorders unit for adults will be added. Additional expansion plans include age-appropriate units for children and adolescents in 2021.When fully operational, Tower Behavioral Health will include 144 inpatient beds and will offer the following services:Inpatient psychiatric care for...

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Avis Budget Group to Announce Second Quarter 2020 Results on July 28th

PARSIPPANY, N.J., July 13, 2020 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2020 results after the market close on Tuesday, July 28th, 2020, and to host a conference call for institutional investors to discuss these results on Wednesday, July 29th, 2020 at 8:30 a.m. Eastern time.Investors may access the call at ir.avisbudgetgroup.com, or by dialing (877)-407-2991. Investors are encouraged to dial in approximately 10 minutes prior to the call. A web replay will be available at ir.avisbudgetgroup.com following the call. A telephone replay will be available from 11:00 a.m. Eastern time on July 29th, 2020 until 10:00 p.m. on August 12th, 2020 at (877)-660-6853 using conference code 13706253.     About Avis Budget GroupAvis Budget Group, Inc. is a leading global...

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Poverty Dignified, Inc. Strengthens Management Team

Kennewick, WA, July 13, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Poverty Dignified Inc., (OTC-PVDG) is pleased to announce that Bruce Jolliff, CPA, CFE joined its management team as Chief Financial Officer. Jolliff brings decades of corporate financial and forensic accounting services to our organization.James C. Katzaroff, CEO, stated, “The company is fortunate to onboard someone with his experience and background in critical financial functions. Mr. Jolliff will have direction on accounting and financial reporting, including all SEC reporting, budgeting, and will generate analysis and commentary for the company.”“It’s a good sign to see the company attracting seasoned professionals for key positions,” added Patrick Netter, marketing consultant to the firm.“I am delighted to work with professionals such as Jim Katzaroff...

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Sterling National Bank Introduces Banking-as-a-Service Program

~ New service provides innovative financial solutions for FinTechs and non-bank partners to deliver customized banking capabilities ~MONTEBELLO, N.Y., July 13, 2020 (GLOBE NEWSWIRE) — Sterling Bancorp (NYSE: STL) announced that its principal subsidiary Sterling National Bank (“Sterling”) is introducing its new Banking-as-a-Service (“BaaS”) program, which provides a wide range of customized products, payment and back office capabilities for FinTech and other non-bank institutions. The launch of BaaS aligns with Sterling’s continued focus on developing innovative solutions for small and middle market enterprises and working with leading technology solutions companies to produce world-class digital capabilities.“We are excited to roll out Banking-as-a-Service and to partner with emerging and established FinTech companies to deliver...

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Kerr Mines Announces C$3 Million Bought Deal Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION  DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESTORONTO, July 13, 2020 (GLOBE NEWSWIRE) — Kerr Mines Inc. (TSX: KER, OTC: KERMF), (“Kerr” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (the “Underwriter”), under which the Underwriter has agreed to buy, on a bought deal basis, 21,500,000 units of the Company (the “Units”), at a price of C$0.14 per Unit (the “Offering Price”) for gross proceeds of $3,010,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof...

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Sensus Healthcare to Present at COVID-19 Webinar Hosted by Maxim Group on July 16th

BOCA RATON, Fla., July 13, 2020 (GLOBE NEWSWIRE) — Sensus Healthcare, Inc. (Nasdaq: SRTS), a medical device company specializing in highly effective, non-invasive treatments for both oncological and non-oncological conditions, announced today that Joe Sardano, Sensus’ chief executive officer has been invited to present at the Re-Engaging Medical Practices in an Era of COVID-19  webinar, presented by Maxim Group and M-Vest on Thursday, July 16, 2020.Sensus will participate in a panel discussion on Re-Engaging Medical Practices in an Era of COVID-19. As the country slowly begins to re-open, information is imperative. How and when will medical practices re-open, and to what extent? Will pent-up demand recoup some of the lost revenue? What are doctors observing as they re-engage with patients? Does commercialization pick up where it...

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Seacoast Banking Corporation of Florida Announces New Hire, Austen Carroll, to Lead Commercial Banking; Julie Kleffel Promoted to Chief Banking Officer

STUART, Fla., July 13, 2020 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (NASDAQ: SBCF) (the “Company” or “Seacoast”) today announced it has hired Austen Carroll as executive vice president and chief lending officer. In his newly-created role, Carroll will lead the commercial banking division at Seacoast. Additionally, Julie Kleffel, the Company’s current community banking executive and central Florida market president has been promoted to chief banking officer of the Company.“Austen is a well-known and highly-regarded banker in the Southeast.  He has demonstrated tremendous success in his prior roles and will help accelerate the progression of our commercial banking business. We see great opportunity ahead and are thrilled to bring on board a leader with Austen’s talent and experience,” said Chuck Shaffer, president,...

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Merus and Caris Life Sciences Announce Collaboration to Detect NRG1 Fusions in Cancer Patients

Caris to provide DNA and RNA molecular testing to support patient identification and enrollment for Merus’ Zenocutuzumab Phase 1/2 eNRGy trialUTRECHT, The Netherlands and CAMBRIDGE, Mass. and IRVING, Texas, July 13, 2020 (GLOBE NEWSWIRE) — Merus N.V. (Nasdaq: MRUS), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics™) and Caris Life Sciences®, a leading innovator in molecular science focused on fulfilling the promise of precision medicine, today announced a collaboration to detect neuregulin 1 (NRG1) fusions in cancer patients. Under the agreement, Caris has agreed to perform whole exome sequencing of DNA and whole transcriptome sequencing of RNA for certain cancer patients, focusing on pancreatic cancer, to identify the presence ofNRG1 fusions and to increase...

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Hingham Savings Reports Second Quarter 2020 Results

HINGHAM, Mass., July 13, 2020 (GLOBE NEWSWIRE) — HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced second quarter results for 2020.EarningsNet income for the quarter ended June 30, 2020 was $16,338,000 or $7.65 per share basic and $7.50 per share diluted, as compared to $8,706,000 or $4.08 per share basic and $3.99 per share diluted for the same period last year.  The Bank’s annualized return on average equity for the second quarter of 2020 was 25.28%, and the annualized return on average assets was 2.41%, as compared to 15.32% and 1.37% for the same period in 2019.  Net income per share (diluted) for the second quarter of 2020 increased by 88% over the same period in 2019. Excluding the after-tax gains and losses on securities, both realized and unrealized, core net income for the second quarter of...

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Altimmune Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants

GAITHERSBURG, Md., July 13, 2020 (GLOBE NEWSWIRE) — Altimmune, Inc. (Nasdaq: ALT), a clinical-stage biopharmaceutical company, today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering and, to certain investors in lieu thereof, pre-funded warrants to purchase shares of its common stock.  Altimmune also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of common stock plus the shares of common stock underlying the pre-funded warrants sold in connection with the public offering.  All of the securities in the offering will be sold by Altimmune. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed,...

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