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Day: September 11, 2020

AP Alternative Assets, L.P. Announces the Sale of its remaining interests in Athene Holdings, Ltd and its Intention to Commence a Liquidation Process

Guernsey, Channel Islands, Sept. 11, 2020 (GLOBE NEWSWIRE) — Guernsey, Channel Islands, September 11, 2020: AP Alternative Assets, L.P. (“AAA”; Euronext Amsterdam: AAA) announces that Athene Holding, Ltd (“Athene”) will be repurchasing AAA’s remaining interests in Athene as a step towards the eventual liquidation of AAA.The Board of Directors of AAA Guernsey Limited (the “Board”), the general partner of AAA, has determined that as part of the remaining steps to achieve the voluntary solvent liquidation of AAA it has today entered into an agreement with Athene pursuant to which Athene has agreed to purchase for cash all of the 605,554 common shares in Athene (“Athene Shares”) indirectly held by AAA.  The purchase price per Athene Share payable by Athene is $35.70 (which price equals the market price of the Athene Shares as at close...

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Verisk Acquires Franco Signor

Jersey City, NJ, Sept. 11, 2020 (GLOBE NEWSWIRE) — Verisk (Nasdaq:VRSK), a leading data analytics provider, announced today that it has acquired Franco Signor, a highly-regarded Medicare Secondary Payer (MSP) service provider.Franco Signor will become part of Verisk’s Claims Partners business, a leading provider of MSP compliance and other analytic claim services. Claims Partners and Franco Signor will be combining forces to provide the single best resource for Medicare compliance. “We’re pleased to add Franco Signor’s well-regarded capabilities to Verisk’s strong offerings in the Medicare space,” said Mark Anquillare, chief operating officer of Verisk. “We anticipate that this acquisition will have substantive long-term advantages for the industry, as Verisk will now be able to offer unparalleled guidance and an all-inclusive solution...

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Castor Maritime Inc. Reports Financial Results for the Three Months and Six Months Ended June 30, 2020

LIMASSOL, Cyprus, Sept. 11, 2020 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced its results for the three months and six months ended June 30, 2020. Highlights of the Three Months Ended June 30, 2020:Revenues, net: $2.6 million for the three months ended June 30, 2020, as compared to $1.0 million for the three months ended June 30, 2019, or a 160% period to period increase;Net (loss)/income: Net loss of $144,600 for the three months ended June 30, 2020, as compared to net income of $260,603 for the three months ended June 30, 2019;Loss per share: $0.01 loss per share for the three months ended June 30, 2020, as compared to a loss per share of $0.47 for the three months ended June 30, 2019;EBITDA(1):...

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AQUA BIO TECHNOLOGY ASA – RESULT OF SUBSEQUENT OFFERING

Reference is made to the stock exchange notice by Aqua Bio Technology ASA (the “Company“) on 25 August 2020 regarding, inter alia, a subsequent offering with gross proceeds of up to NOK 2,526,000 through issuance of up to 505,200 new shares at a subscription price of NOK 5 per share (the “Subsequent Offering“).The application period in the Subsequent Offering ended on 10 September at 16.30 CEST. At the end of the application period, the Company had received applications corresponding to the maximum amount of shares that can be allocated in the Subsequent Offering. The new shares will be subscribed both through subscription rights and from investors who participated in the private placements announced on 17 and 18 August 2020.The Company`s board of directors (the “Board“) has now allocated shares in...

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AQUA BIO TECHNOLOGY ASA – RESULTAT AV ETTERFØLGENDE EMISJON

Det vises til børsmelding sendt av Aqua Bio Technology ASA (“Selskapet“) den 25. august 2020 vedrørende, blant annet, en etterfølgende reparasjonsemisjon med bruttoproveny på opptil NOK 2 526 000 gjennom utstedelse av inntil 505 200 nye aksjer til en tegningskurs på NOK 5 per aksje (den “Etterfølgende Emisjonen“).Bestillingsperioden i den Etterfølgende Emisjonen endte 10. september 2020 kl. 16.30. Ved utløpet av bestillingsperioden hadde Selskapet mottatt bestillinger for nye aksjer tilsvarende det totale antallet aksjer som kan tildeles i den Etterfølgende Emisjonen. De nye aksjene tegnes både gjennom tegningsretter og fra investorer som deltok i de rettede emisjonene offentliggjort 17. og 18. august 2020.Selskapets styre har nå allokert de tegnede aksjene i Reparasjonsemisjonen og Selskapet vil således utstede...

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Genetic Technologies Announces US Sales Have Commenced via Online Health Platform

MELBOURNE, Australia, Sept. 11, 2020 (GLOBE NEWSWIRE) — Molecular diagnostics company Genetic Technologies Ltd (ASX: GTG; NASDAQ: GENE, “Company”) is delighted to announce that initial sales of its GeneType for Breast Cancer Risk Assessment have now commenced in the United States via an online health platform, elicity by InTeleLabs, an independent telehealth and personalised medicine company. This portal is secure, Health Insurance Portability and Accountability Act (HIPAA)-compliant.The secure, Health Insurance Portability and Accountability Act (HIPAA)-compliant health platform enables women meeting the required criteria in the United States to purchase the test and receive results via telehealth clinicians. Its national network of clinical oversight for lab testing has made this groundbreaking Breast Cancer Risk Assessment Test...

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TAOP Raises $2 Million from Recent Financing

SHENZHEN, China, Sept. 11, 2020 (GLOBE NEWSWIRE) — Taoping Inc. (NASDAQ: TAOP, the “Company”), a leading provider of internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retails, today announced that it has entered into a securities purchase agreement (the “Purchase Agreement”) with an investor (the “Investor”) on September 10, 2020.In this financing, the Company is issuing to the investor an aggregate of 222,222 ordinary shares, no par value (the “Ordinary Shares”), a convertible note with principal amount of $1,480,000 and a warrant to purchase 53,333 Ordinary Shares at $9.0 per share. The gross proceeds to the Company from the financing are $2.0 million before deducting estimated offering expenses.For more details of the financing, please see the Company’s Report on Form...

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Alico, Inc. Announces Sale of Land to State of Florida

FORT MYERS, Fla., Sept. 11, 2020 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces the State of Florida purchased, under the Florida Forever program, approximately 10,702 acres of Alico Ranch for $28.5 million pursuant to an option agreement entered into between the State of Florida and Alico.John Kiernan, Alico’s President and Chief Executive Officer, commented, “We are pleased the State of Florida has purchased this acreage on the west side of the Alico Ranch.  This is the second sales transaction we have completed with the State of Florida, aggregating over 16,000 acres.  As discussed in our Alico 2.0 Modernization Plan, we continue to evaluate and sell off ranch assets and generate cashflow to be used in a manner that will be targeted to allow for a greater return for our investors. In...

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