Month: September 2020

TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — AGF Management Limited (AGF) and WaveFront Global Asset Management Corp. (WaveFront) today announced the launch of AGFWave Asset Management Inc. (AGFWave), a new joint venture for providing asset management services and products in China and South Korea.AGFWave combines AGF’s investment expertise and global brand strength with WaveFront’s existing distribution capabilities in China and South Korea, including partnerships with industry leaders in both regions.“Combining AGF’s investment capabilities with the robust distribution channels and sales capabilities of WaveFront’s strategic partners Hwabao WP Fund Management, J Royal Asset Management and Vogo Fund Asset Management mean AGFWave is well positioned to capitalize on the rapidly growing asset management industries in China and South...

TORONTO, 21 sept. 2020 (GLOBE NEWSWIRE) — La Société de Gestion AGF Limitée (« AGF ») et WaveFront Global Asset Management Corp. (« WaveFront ») ont annoncé aujourd’hui le lancement de la société AGFWave Asset Management Inc. (« AGFWave »), une nouvelle coentreprise qui offrira des produits et des services de gestion de l’actif en Chine et en Corée du Sud.AGFWave réunit le savoir-faire d’AGF en matière d’investissement et la marque respectée de celle-ci à l’échelle mondiale, de même que les compétences reconnues de WaveFront sur le plan de la distribution en Chine et en Corée du Sud, y compris des partenariats avec des chefs de file du domaine au sein de ces deux régions.« La conjonction des compétences d’AGF en matière d’investissement, de même que des solides canaux de distribution et compétences sur le plan des ventes que possèdent...

Gaithersburg, MD, Sept. 21, 2020 (GLOBE NEWSWIRE) — Verus International, Inc. (“Verus” or the “Company”) (OTCQB: VRUS) reported record results for its third fiscal quarter ended July 31, 2020. In conjunction with this release, the Company is also providing additional details on significant business developments occurring subsequent to its quarter end.For fiscal Q3 2020, management is noting the following items of importance:Revenue achieved an all-time 3rd quarter record, reaching $6.2 million, an increase of 78% over the $3.5 million reported in Q3 2019;Q3 revenue marked the Company’s 9th consecutive quarter of double- or triple-digit year-over-year revenue growth;The global pandemic continued to impact suppliers, customers and transport during Q3, but did show gradual improvement during the quarter;Gross profit margin was 14.8%,...

BEIJING, Sept. 21, 2020 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced the commencement of the offering of 8,000,000 American depositary shares (the “ADSs”), each representing 15 ordinary shares of the Company (the “Primary ADS Offering”). In addition, several selling shareholders are offering 9,677,310 ADSs of the Company (the “Secondary ADS Offering” and, together with the Primary ADS Offering, the “ADS Offering”). Kingsoft Cloud will not receive any proceeds from the sale of ADSs by the selling shareholder. The Company intends to grant the underwriters of the ADS Offering a 30-day option to purchase up to an additional 2,651,600 ADSs from the Company.J.P. Morgan Securities LLC, UBS Securities LLC, Credit...

BEIJING, Sept. 21, 2020 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced that the Company has recently entered into a multi-year strategic framework agreement (the “Agreement”) with CEC D-Commerce Technology (Shanghai) Co., Ltd. (“CEC D-Commerce Tech”), to invest in and expand healthcare cloud services, re-engineering the data services layer, and improving the analytical capabilities of healthcare organizations across China.Pursuant to the Agreement, both companies will jointly develop cloud-based healthcare solutions, and provide healthcare organizations with powerful data analysis and application tools which can significantly reduce on-premise IT construction, operation and maintenance costs for hospitals...

ALTAVISTA, Va., Sept. 21, 2020 (GLOBE NEWSWIRE) — Pinnacle Bankshares Corporation (OTCQX: PPBN) (“Pinnacle” or the “Company”), the holding company for First National Bank, today announced that it has completed a private placement of $8.0 million in fixed-to-floating rate subordinated notes due 2030 (the “Notes”). The Notes have been structured to qualify as Tier 2 capital under bank regulatory guidelines, and the proceeds from the sale of the Notes will be utilized to pay a portion of the cash consideration to be paid by the Company in connection with its pending merger with Virginia Bank Bankshares, Inc., if consummated, and to provide optionality for various growth opportunities and for general corporate purposes. In connection with the Notes offering, the Company was advised by Performance Trust Capital Partners, LLC as placement...

MONTREAL and BOCA RATON, Fla., Sept. 21, 2020 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight”) and TherapeuticsMD, Inc. (NASDAQ: TXMD) (“TherapeuticsMD”) announced today the approval of BIJUVA® (estradiol and progesterone) capsules by Health Canada. In Canada, BIJUVA is indicated for the treatment of moderate to severe vasomotor symptoms (VMS) associated with menopause in women with an intact uterus. VMS are commonly known as hot flashes or flushes and night sweats. VMS affect 60% to 80% of women entering menopause.1BIJUVA is a once-daily combination of estradiol and progesterone in a single oral capsule that will be available in two strengths in Canada. The two hormones included in BIJUVA have the same structure as the hormones produced and circulating in the woman’s body. In the U.S., BIJUVA is marketed by TherapeuticsMD...

MONTRÉAL et BOCA RATON, Fla., 21 sept. 2020 (GLOBE NEWSWIRE) — Thérapeutique Knight inc. (TSX : GUD) [« Knight »] et TherapeuticsMD, Inc. (NASDAQ : TXMD) [« TherapeuticsMD »], ont annoncé aujourd’hui l’approbation des gélules BIJUVA (estradiol et progestérone) par Santé Canada. Au Canada, BIJUVA est indiqué pour le traitement des symptômes vasomoteurs (SVM) modérés à sévères liés à la ménopause parmi les femmes dont l’utérus est intact. Les SVM sont couramment connus sous le nom de bouffées de chaleur et de sueurs nocturnes. Les SVM touchent de 60 à 80 % des femmes en début de ménopause.1BIJUVA est une combinaison d’œstradiol et de progestérone en une gélule orale pour administration uniquotidienne qui sera disponible en deux concentrations au Canada. Les deux hormones incluses dans BIJUVA présentent la même structure que les hormones...

NEW YORK, Sept. 21, 2020 (GLOBE NEWSWIRE) — Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the commencement of two separate transactions to exchange certain series of its outstanding notes.The Exchange OffersThe first transaction consists of private offers to exchange the 7 outstanding series of notes listed in the first table below and maturing from 2021 through 2024 (collectively, the “Short-Dated Old Notes”), in each case, for newly issued notes of Verizon due 2030 (the “2030 New Notes”) (the “Short-Dated Exchange Offers”), on the terms and subject to the conditions set forth in an offering memorandum dated September 21, 2020 (the “Short-Dated Offering Memorandum”), and the second transaction consists of private offers to exchange the 10 outstanding series of notes listed in the second table below...

DERIDDER, La., Sept. 21, 2020 (GLOBE NEWSWIRE) — AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced it will release its 2020 third quarter financial results on Wednesday, October 28, 2020 after the market closes. In conjunction with the release, the Company has scheduled a conference call which will be broadcast live over the Internet on Thursday, October 29, 2020 at 10:30AM Eastern time.An archive of the webcast will be available after the call for a period of 60 days in the “Investors” section of the Company’s website.About AMERISAFEAMERISAFE, Inc. is a specialty provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing,...