Month: August 2020

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...

REDWOOD CITY, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) — Talend (NASDAQ: TLND), a global leader in data integration and data integrity, today announced that its management team will be participating in the following conference:Citi’s 2020 Global Technology Virtual ConferenceSeptember 10, 2020Presentation Time: 11:25 am PT / 2:25 pm ETThe presentation will be webcast live and archived on Talend’s investor relations website at http://investor.talend.com. The replay of the presentation will be available on the website for at least 30 days.About TalendTalend (NASDAQ: TLND), a leader in data integration and data integrity, enables every company to find clarity amidst the data chaos.Talend is the only company to bring together in a single platform all the necessary capabilities that ensure enterprise data is complete, clean, uncompromised,...

2Q20 Net revenues up 71% Year-Over-Year, reaffirming Arco’s resilient business model and high-quality solutions. SÃO PAULO, Brazil, Aug. 17, 2020 (GLOBE NEWSWIRE) — Arco Platform Limited, or Arco (Nasdaq: ARCE), today reported financial and operating results for the second quarter 2020 ended June 30, 2020.“The superior academic results are possible because we have a customer-oriented culture, attached to our always-evolving proprietary methodology, break-through technology-driven platform and tailored pedagogical consultancy. These pillars are not established overnight. They come from over 50 years of experience in education with a clear focus on quality.”First Half 2020 ResultsNet Revenue of R$496.4 million;Net Profit of R$20.1 million;Adjusted Net Income of R$114.1 million; andAdjusted EBITDA of R$197.5 million.Second Quarter...

HAUPPAUGE, N.Y. and MINNEAPOLIS, Aug. 17, 2020 (GLOBE NEWSWIRE) — Forward Industries (NASDAQ:FORD) today announced the acquisition of substantially all of the assets of  Kablooe Design (Kablooe), an innovative leading medical and consumer design and development company based in Minneapolis, Minnesota for consideration comprising of cash, equity, assumed debt and contingent earn outs.Kablooe is located in the US’s 3rd largest medical device development hub and its clients include leading brands in medical devices including Medtronic, Boston Scientific, Coloplast, Atricure, Cega Innovations and Rapid Diagnostek. Commenting on the transaction, Terry Wise, CEO of Forward Industries remarked, “I am delighted and excited with the acquisition of Kablooe Design. Located in one of the heartlands of medical device development hubs, the company...

MARIETTA, Ga., Aug. 17, 2020 (GLOBE NEWSWIRE) — BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed a sale-leaseback transaction for its owned distribution facility in Denver, Colorado, for net cash proceeds of $10.6 million. The transaction closed on August 14, 2020, and as a part of the transaction, the Company entered into a lease agreement for the property with multiple renewal options, demonstrating its long-term commitment to this local market.Net proceeds from the sale-leaseback transaction were used to repay indebtedness under the Company’s term loan. Following this repayment, the balance of the Company’s term loan was approximately $57.8 million. As previously announced, the Company will no longer be subject to the term...

NEW YORK, Aug. 17, 2020 (GLOBE NEWSWIRE) — RedBall Acquisition Corp. (the “Company”) today announced the closing of its initial public offering of 57,500,000 units, which includes 7,500,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $575,000,000.RedBall Acquisition Corp. is a new blank check company incorporated as a Cayman Islands exempted company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition opportunity in any industry or sector, it intends to focus on businesses in the sports, media and data analytics sectors, with a focus on professional...

ATHENS, Greece, Aug. 17, 2020 (GLOBE NEWSWIRE) — Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP), announced today that it has commenced an underwritten public offering of its common shares and warrants to purchase common shares. The Company intends to use the net proceeds from this offering for general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed.Maxim Group LLC is acting as the sole book-running manager and Fearnley Securities is acting as lead manager for the offering.The securities described above are being offered by Seanergy Maritime Holdings Corp. pursuant to a registration statement (File No. 333-226796) previously filed and declared effective by the Securities and Exchange Commission (SEC). The securities...

MONACO, Aug. 17, 2020 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings”) (NYSE:NM) announced today that it will host a conference call on Thursday, August 20, 2020 at 8:30 am ET, at which time Navios Holdings’ senior management will provide highlights and commentary on earnings results for the second quarter and six months ended June 30, 2020. The Company will report results for the second quarter and six months ended June 30, 2020, prior to the conference call.A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the “Investors” section by 8:00 am ET on the day of the call.Conference Call details:Call Date/Time: Thursday, August 20, 2020 at 8:30 am ETCall Title: Navios Holdings Q2 2020 Financial Results Conference CallUS Dial In:...