Day: August 28, 2020
PHILADELPHIA, PA, Aug. 28, 2020 (GLOBE NEWSWIRE) — FTAC Olympus Acquisition Corp. (NASDAQ:FTOCU) (the “Company”), a blank-check company led by Betsy Z. Cohen as Chairman of the Board and Ryan M. Gilbert as President and Chief Executive Officer formed for the purpose of acquiring or merging with one or more technology and financial services technology companies, today completed its initial public offering of 75,000,000 units at a price of $10.00 per unit for gross proceeds to the Company of $750,000,000. The Company’s units began trading on August 26, 2020 on the Nasdaq Capital Market under the symbol “FTOCU”. Each unit issued in the offering consists of one Class A ordinary share of the Company and one-third of one warrant, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50...
ChampionX to Participate in the Simmons Energy Gleneagles Goes Virtual Conference
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THE WOODLANDS, Texas, Aug. 28, 2020 (GLOBE NEWSWIRE) — ChampionX Corporation (“ChampionX”) (NYSE: CHX), announced today that Sivasankaran “Soma” Somasundaram, President and Chief Executive Officer, and Jay Nutt, Senior Vice President and Chief Financial Officer will attend and meet with investors at the Simmons Energy Gleneagles Goes Virtual Conference on Wednesday, September 2 and Thursday, September 3, 2020.The presentation to be used in the investor meetings will be available on Wednesday, September 2, 2020, prior to the commencement of the meetings on our website at https://investors.championx.com/events-and-presentations/presentations.About ChampionXChampionX (formerly known as Apergy Corporation) is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill...
Pool Corporation Announces the Retirement of A. David Cook, Group Vice President
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COVINGTON, La., Aug. 28, 2020 (GLOBE NEWSWIRE) — Pool Corporation (Nasdaq/GSM:POOL) announced today that A. David Cook (Dave) will retire as Group Vice President effective March 1, 2021. Over the coming months, Mr. Cook will assist with the transition of his responsibilities, which will be assumed under Pool Corporation’s current leadership.“Dave has had a remarkable career at POOLCORP spanning more than 30 years. On behalf of the entire POOLCORP team, I want to thank Dave for his invaluable leadership and countless contributions to the growth and success of our company. We wish him the best in his well-deserved retirement,” said Peter D. Arvan, president and CEO.Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 375 sales centers...
McChip Increases Stake in Taranis Resources Inc.
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TORONTO, Aug. 28, 2020 (GLOBE NEWSWIRE) — McChip Resources Inc. (“McChip” or the “Company”) (TSX-V:MCS) announces that, on August 25, 2020 it acquired units consisting of 1,000,000 flow-through shares and 1,000,000 flow-through warrants resulting in McChip’s collective holdings of 10,497,000 shares and 6,333,333 warrants in the capital of Taranis Resources Inc. (the “Reporting Issuer”), a TSX-V listed company. These warrants entitle McChip to purchase flow-through shares of the Reporting Issuer as follows: (a) 2,000,000 warrants are exercisable at $0.15 per share until September 18, 2020, (b) 2,000,000 warrants are exercisable at $0.10 per share until August 28, 2021, (c) 1,000,000 warrants are exercisable at $0.15 per share until August 25, 2022, and (d) 1,333,333 warrants are exercisable at $0.15...
CohBar Announces Closing of Public Offering of Common Stock and Warrants
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MENLO PARK, Calif., Aug. 28, 2020 (GLOBE NEWSWIRE) — CohBar, Inc. (NASDAQ: CWBR) (the “Company”), a clinical stage biotechnology company developing mitochondria based therapeutics to treat chronic diseases and extend healthy lifespan, today announced the closing of its previously announced underwritten public offering of 12,300,000 units at a price to the public of $1.22 per unit. Each unit consists of one share of the Company’s common stock and one warrant to purchase 0.75 of a share of common stock at a per share exercise price of $1.44. In addition, the underwriters partially exercised the over-allotment option for warrants to purchase an additional 1,383,750 shares. The warrants are exercisable for five years from the closing date of the offering. The aggregate gross proceeds from this offering were approximately $15.0 million,...
Zumiez Inc. to Report Second Quarter 2020 Results on September 10, 2020
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LYNNWOOD, Wash., Aug. 28, 2020 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) today announced it will report fiscal second quarter 2020 financial results on Thursday, September 10, 2020, following the closing of regular stock market trading hours. The Company will hold a conference call that day at 5:00 p.m. ET to review the results.Investors and analysts interested in participating in the call are invited to dial (844) 309-0606 (domestic) or (574) 990-9934 (international) at 5:00 p.m. ET (2:00 p.m. PT) and provide the conference identification number: 8269508. The conference call will also be available to interested parties through a live webcast at http://ir.zumiez.com. Please visit the website and select the “Events” tab at least 15 minutes prior to the start of the call to register and download any necessary software.A telephone...
Midland States Bancorp, Inc. Announces Sale of Commercial FHA Origination Platform – Retains Servicing Business
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EFFINGHAM, Ill., Aug. 28, 2020 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ: MSBI) (“Midland” or the “Company”) today announced that it had completed the sale of its commercial FHA origination platform, which operated through its Love Funding subsidiary, to Dwight Capital, a nationwide mortgage banking firm headquartered in New York, NY. Midland States Bank will continue to service Love Funding’s current servicing portfolio of approximately $3.9 billion, which includes approximately $284 million in low-cost deposits, in each case as of June 30, 2020. The transaction is part of Midland’s ongoing effort to enhance efficiency and reduce volatility in its financial performance.“This transaction reflects our ongoing efforts to evaluate all aspects of our operations for opportunities to enhance efficiencies, increase our focus...
Los Andes Copper Ltd. Provides Update Regarding Its Environmental Approval
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VANCOUVER, British Columbia, Aug. 28, 2020 (GLOBE NEWSWIRE) — Los Andes Copper Ltd. (“Los Andes” or the “Company”, TSX Venture Exchange: LA) has been informed that the Court of Appeals of Valparaiso – the Region where the Company’s Vizcachitas Project (“Vizcachitas” or the “Project”) is located – has granted a motion against the Servicio de Evaluación Ambiental (Environmental Evaluation Service, “SEA”), in which the Court instructs the SEA to conduct a public consultation process before finalizing the evaluation process of the environmental permit, which was announced on April 27, 2020, for the upcoming drilling in the Project.While the Company is not a party to this dispute, this ruling affects the timing of the upcoming drilling as the SEA may move to conduct the public consultation process...
PRGX E-books Help Procurement Professionals Reduce Supplier Spend, Ensure Compliance and Minimize Risk
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ATLANTA, Aug. 28, 2020 (GLOBE NEWSWIRE) — PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit and spend analytics services, announced two new e-books are now available for download.Now more than ever, technology is becoming a critical component of contract compliance professionals’ job. While the work to perform contract compliance reviews has traditionally focused on recovering funds, there is often contention around issues that led to financial leakage in the first place.Whether it is complex written contracts or misunderstandings with suppliers, technology is one way to combat contract compliance issues and keep your company profitable in the long run.Two of PRGX’s recent e-books focus on contract compliance audit and provide insight into how companies can leverage technology to create a faster, more transparent...
Culp, Inc. to Broadcast First Quarter Fiscal 2021 Conference Call Live on the Internet
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HIGH POINT, N.C., Aug. 28, 2020 (GLOBE NEWSWIRE) — Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its first quarter fiscal 2021 conference call on Thursday, September 3, 2020, at 11:00 a.m. ET. During this call, Culp will review the company’s financial and operating results for the first quarter ended August 2, 2020. A press release announcing these results will be issued after the close of market trading on Wednesday, September 2, 2020.The live broadcast of Culp’s quarterly conference call will be available online at www.culp.com on Thursday, September 3, 2020, beginning at 11:00 a.m. ET. To listen to the live webcast, please visit the website at least 15 minutes early to download and install any necessary audio software. An Internet replay of the call will be available...