Day: August 17, 2020

NEWS BROOKFIELD, Aug. 17, 2020 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (NYSE: BAM) (TSX: BAM.A) (“Brookfield” or “the company”) today announced it has received approval from the Toronto Stock Exchange (“TSX”) for the renewal of its normal course issuer bid to purchase up to 10% of the public float of each series of the company’s outstanding Class A Preference Shares that are listed on the TSX (the “Preferred Shares”). Purchases under the bid will be made through the facilities of the TSX and/or alternative Canadian trading systems. The period of the normal course issuer bid will extend from August 20, 2020 to August 19, 2021, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Preferred Shares purchased. All Preferred Shares acquired by...

CHICAGO, Aug. 17, 2020 (GLOBE NEWSWIRE) — Sprout Social, Inc. (“Sprout Social” or the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced the closing of its previously announced follow-on public offering of 6,900,000 shares of Class A common stock at a public offering price of $27.50 per share, which includes the full exercise of the underwriters’ option to purchase up to 900,000 additional shares. The Company sold 1,612,500 shares of its Class A common stock and selling stockholders sold 5,287,500 shares of Class A common stock in the offering. The Company did not receive any proceeds from the sale of the shares by the selling stockholders.Morgan Stanley, Goldman Sachs & Co. LLC and Barclays served as lead book-running managers for the offering. KeyBanc Capital...

Urges Stockholders to Reduce Solicitation Costs by Voting their Shares ImmediatelyNEW YORK, NY, Aug. 17, 2020 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE: SAR) (“Saratoga Investment,” “Saratoga” or “the Company”) today announced that the Company commenced distribution of the proxy materials to the Company’s stockholders for the 2020 Annual Meeting of Stockholders (the “Annual Meeting”) to be held on September 29, 2020.Saratoga’s Annual Report on Form 10-K for the year ended February 29, 2020 and definitive proxy statement for the Annual Meeting, which was filed on August 4, 2020, have been filed with the U.S. Securities and Exchange Commission and may be viewed on Saratoga’s Investor Relations website at https://ir.saratogainvestmentcorp.com/financial-informations. The Company’s stockholders are urged to vote their shares...

COS COB, Conn., Aug. 17, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN), a growing media company building online video-on-demand (“VOD”) networks that provide video content for all screens, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for September 2020. The dividend will be payable on September 15, 2020 to holders of record as of August 31, 2020. The dividend will be paid in cash.ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENTChicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) (the “Company”) operates streaming video-on-demand networks (VOD). The Company owns a majority stake in Crackle Plus, a company formed with Sony Pictures Television, which...

Senior leaders to host investor meetings at 2nd Annual Needham Virtual FinTech & Digital Transformation 1X1 Conference on Aug. 19Conduent CEO Cliff Skelton to participate at Citi’s 2020 Global Technology Virtual Conference Sept. 10 FLORHAM PARK, N.J., Aug. 17, 2020 (GLOBE NEWSWIRE) — Conduent Incorporated, (Nasdaq: CNDT), today announced that members of its senior leadership team will be participating in a series of virtual meetings with members of the investment community at two upcoming financial and technology conferences. Event details are as follows:2nd Annual Needham Virtual FinTech & Digital Transformation 1X1 ConferenceDate: Wednesday, August 19, 2020Participants: Brian Webb-Walsh, CFO, Mark Brewer, President, Global Government and Transportation Solutions; and Alan Katz, Vice President, Investor Relations,...

DEERFIELD, Ill., Aug. 17, 2020 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc. (Nasdaq: SRGA), a leading global pure-play spine company focused on advancing spine surgery and improving patient outcomes, today announced the appointment of Douglas S. Bireley as Executive Vice President, Marketing and Research & Development, effective August 17, 2020.Bireley joins Surgalign with over 20 years of Spine experience in marketing and product development with a strong record of accomplishment in brand strategy, technology innovation and business development. He has led marketing and R&D teams for a major Fortune 50 company and holds a Bachelor of Science degree in business administration from Bucknell University. Bireley will report directly to Terry Rich, President and Chief Executive Officer of Surgalign and will be based in San...

VONORE, Tenn., Aug. 17, 2020 (GLOBE NEWSWIRE) — MasterCraft Boat Company, LLC (“MasterCraft”), a wholly owned subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”), today announced that it has entered into an agreement to purchase a boat manufacturing plant located in Merritt Island, Florida. MasterCraft intends to establish a dedicated manufacturing center in this facility to support the long-term growth of its recently introduced Aviara brand.  Aviara, a premium designer, manufacturer and marketer of luxury day boats ranging from 32 to 40-feet in length is a de novo brand which began production in July of 2019 in MasterCraft’s Vonore, TN manufacturing facility. The new Merritt Island facility will provide more than 140,000 square feet of dedicated manufacturing space. Situated on 38 acres of land, including...

MINNEAPOLIS, Aug. 17, 2020 (GLOBE NEWSWIRE) — Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea (“OSA”), announced today that two additional Blue Cross Blue Shield (“BCBS”) plans will provide coverage for the Company’s Inspire therapy. Florida Blue, part of the Blue Cross and Blue Shield (“BCBS”) Association, is the leading health insurer in Florida and covers approximately 5.9 million members, and issued their policy with an effective date of August 15, 2020.Blue Cross and Blue Shield of Minnesota (“BCBS Minnesota”), the largest health plan in Minnesota, is an independent licensee of the BCBS Association and covers 2.7 million lives. The effective...

ROGERS, Ark., Aug. 17, 2020 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the first quarter of fiscal year 2021.“Once again, results were strong, and our ‘scoreboard’ is solid. We are certainly proud of the operating success; however, we do not celebrate the scoreboard. We look deeper at the quality of our daily work and how we can continue to improve and fulfill our obligation to serve significantly more customers into the future. While we are making good progress we maintain a sense of urgency to quickly improve in all areas,” said Jeff Williams, President and CEO. “We have a great team here at America’s Car-Mart sharing a common goal of giving our customers peace of mind with their local transportation needs by keeping them on the road after the sale. How we conduct our business...