Day: September 29, 2020

CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce the successful renegotiations of our Minimum Volume Commitments (“MVCs”) under various processing and transportation agreements, and the successful consummation of an agreement for Letters of Credit (“LC”) support in the amount of $40 million with Export Development Canada (“EDC”).The adjustments to our MVCs profile provides NuVista with:A successful reduction of approximately 20% in our near-term MVCs, therefore;The flexibility to continue to maintain annual average production volumes flat at current levels through 2021, if commodity prices remain below US$40/Bbl WTI in 2020/21, without growing MVCs costs;The continued availability of incremental capacity to grow production in 2021 and beyond with...

AUSTIN, Texas, Sept. 29, 2020 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading provider of professional testing, inspection, engineering, program management and consulting services, announced today that it closed on its previously-announced acquisition of Alta Vista Solutions (“Alta Vista”), a key provider of transportation-related testing and inspection services. Headquartered in Oakland, California, Alta Vista provides a broad array of construction engineering, materials testing, inspection, quality management, asset management and infrastructure services.L. Joe Boyer, Atlas’ Chief Executive Officer, said, “We are extremely pleased to be able to announce the consummation of this acquisition which further bolsters our Company’s ability to self-perform more work and enhance...

BETHESDA, Md., Sept. 29, 2020 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company for EagleBank, today announced that the Company’s Board of Directors has approved lifting the suspension of the Company’s share repurchase program. The Company’s share repurchase program was previously suspended during the first quarter of 2020.About Eagle Bancorp: The Company is the holding company for EagleBank, which commenced operations in 1998. The Bank is headquartered in Bethesda, Maryland, and operates through twenty branch offices, located in Suburban Maryland, Washington, D.C. and Northern Virginia. The Company focuses on building relationships with businesses, professionals and individuals in its marketplace.Caution About Forward-Looking StatementsThis press release contains forward-looking statements...

NEENAH, Wis., Sept. 29, 2020 (GLOBE NEWSWIRE) — Plexus (NASDAQ: PLXS) announced today it will release its fiscal fourth quarter 2020 results after the market closes on Wednesday, October 28, 2020. Plexus’ management will host a conference call to discuss its fourth quarter results on Thursday, October 29 at 8:30 a.m. Eastern Time. An audio webcast of the call and accompanying slides will be available in the investor relations section of the company website, plexus.com.Investor and Media ContactHeather Beresford+1.920.751.3612heather.beresford@plexus.comAbout Plexus Corp. – The Product Realization CompanySince 1979, Plexus has been partnering with companies to create the products that build a better world. We are a team of over 19,000 individuals who are dedicated to providing global Design and Development, Supply Chain Solutions,...

SUNNYVALE, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) — JFrog Ltd. (Nasdaq: FROG), the liquid software company, today announced the appointment of Micheline Nijmeh as its chief marketing officer (“CMO”). Nijmeh is an accomplished go-to-market leader with experience in developing global marketing strategies to drive revenue for industry- leading enterprise technology companies.“We are delighted to add a progressive marketing leader who brings a wealth of knowledge and expertise across all facets of marketing to help drive revenue,” said Shlomi Ben Haim, Co-founder and CEO of JFrog. “We believe Micheline’s proven ability to lead in fast-paced and high-growth environments, coupled with the energy and strategic vision she brings, will be invaluable for JFrog and the DevOps community as we aim to drive our next phase...

PHILADELPHIA, PA, Sept. 29, 2020 (GLOBE NEWSWIRE) — FinTech Acquisition Corp. IV (NASDAQ:FTIVU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced the completion of its initial public offering of 23,000,000 units at a price of $10.00 per unit, which includes 3,000,000 units issued pursuant to the underwriters’ over-allotment option, for gross proceeds to the Company of $230,000,000. The Company’s units began trading on the Nasdaq Capital Market under the symbol “FTIVU” on September 25, 2020. Each unit issued in the offering consists of one share of the Company’s Class A common stock and one-third of one warrant, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share. Once the securities...

CINCINNATI, Sept. 29, 2020 (GLOBE NEWSWIRE) — LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced an inducement grant in accordance with NASDAQ Listing Rule 5635(c)(4) to Pablo Leguina, Senior Vice President – Sales, effective September 28, 2020. The awards were granted by the Company’s Compensation Committee.Mr. Leguina was granted an inducement stock option to purchase up to 75,000 shares of the Company’s common stock. The award was approved in connection with the commencement of his employment with the Company on September 28, 2020 and has a ten-year term. The option is exercisable at a price of $7.06 per share (the closing price on September 28, 2020). Two-thirds of the options will vest on the second anniversary date...

Revenue Above Top End of Guidance Range Pending Acquisition of Chef Supports Long-Term Growth StrategyBEDFORD, Mass., Sept. 29, 2020 (GLOBE NEWSWIRE) — Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced financial results for its fiscal third quarter ended August 31, 2020, which are consistent with the preliminary results it announced on September 8, 2020.Third Quarter 2020 Highlights:Revenue of $109.7 million increased 3% year-over-year on an actual and constant currency basis.Non-GAAP revenue of $110.9 million decreased 4% on an actual and constant currency basis.Operating margin was 30% and Non-GAAP operating margin was 42%.Diluted earnings per share was $0.53 compared to $0.30 in the same quarter last year, an increase of 77%. Non-GAAP diluted earnings...

Fort Worth, TX, Sept. 29, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Water Now, Inc. (OTC QB: WTNW) today announced that the Special Meeting of Stockholders to, among other things, approve the sale of substantially all of its assets to RigMax H20, LLC for a total purchase price of $30.0 million in cash, subject to certain adjustments and credits, has been set for November 25, 2020. The meeting will be held at 10:00AM Central time at the offices of the company located at 5000 South Freeway, Suite 110, Fort Worth, Texas 76115. Stockholders of record at the close of business on October 9, 2020 will be entitled to vote at the Special Meeting.The sale is subject to certain customary closing conditions and approval from our stockholders. The transaction is targeted to close on the date of the Special Meeting of Shareholders.About...