Month: September 2020

Kaspien Holdings Announces Second Quarter Results

Written by Customer Service on September 15, 2020. Posted in Earnings Releases And Operating Results.

SPOKANE VALLEY, Wash., Sept. 15, 2020 (GLOBE NEWSWIRE) — Kaspien Holdings Inc. (Nasdaq: KSPN) today reported financial results for its second quarter ended August 1, 2020.“The second quarter was a strong quarter for Kaspien. As consumers buy more of their goods online, brands are looking to expand their online operations. Kaspien has spent years building the expertise, strategies, software and services needed to create a prosperous online business, evolving from a third-party retailer to a software and tech-enabled services company. The strength of our second quarter results is a testament to the quality and performance of our offerings,” said Kunal Chopra, Kaspien Holdings Inc.’s Principal Executive Officer.“We ended the quarter with $62.7 million in platform Gross Merchandise Value (GMV), with nearly one-third of GMV from Kaspien’s...

Victoria Gold Corp. and Orion Mine Finance Announce C$50 Million Bought Deal Secondary Offering

Written by Customer Service on September 15, 2020. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States.TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) and Orion Mine Finance (“Orion” or the “Selling Shareholder”) jointly announce that they have entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and CIBC Capital Markets (collectively, the “Underwriters”), under which the Underwriters have agreed to buy, on bought deal basis from the Selling Shareholder, 2,942,000 common shares (the “Common Shares”) at a price of C$17.00 per Common Share, for gross proceeds to Orion of approximately C$50 million (the “Offering”). Orion has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following and including the closing of the...

Reflect Scientific Continues Record Revenue Stream

Written by Customer Service on September 15, 2020. Posted in Public Companies.

OREM, Utah, Sept. 15, 2020 (GLOBE NEWSWIRE) — Reflect Scientific, Inc. (Symbol:RSCF), a provider of diverse products and services for the biotechnology, pharmaceutical and transportation industries announces continued strong year over year revenue gains of 243%.Year over year gains of 243% were realized for the period ending June 30, 2020 vs June 30, 2019. Gains are attributed to an increased demand for solvent chillers used in the cannabis processing market and a surge in bio-pharmaceutical manufacturing requirements for blast freezing and custom low temperature freezing solutions. Mr. Boyce, CEO of Reflect, commented, “Our Cryometrix brand freezers have become recognized in the bio-pharmaceutical market as the go to solution for rapid, precise freezing of high value products. We are now making inroads into the international market...

LPL Financial Advisors Ranked Among Top 100 Independent Advisors Nationwide

Written by Customer Service on September 15, 2020. Posted in Public Companies.

CHARLOTTE, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA), a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, today announced that four of its affiliated advisors have been ranked on the 2020 list of the Top 100 Independent Financial Advisors in America published in Barron’s.The annual list highlights the nation’s top 100 independent financial advisors based on data including assets under management, revenue generated for the firm and the overall quality of the advisor’s practice. LPL advisors recognized on this year’s list include:Susan Kaplan, Kaplan Financial Services, Newton, Mass.Laila Pence, Pence Wealth Management, Newport Beach, Calif.Andy Schwartz, Bleakley Financial Group, Fairfield, N.J.Charles Zhang, Zhang Financial, Portage,...

10x Genomics Announces Closing of Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

Written by Customer Service on September 15, 2020. Posted in Public Companies.

PLEASANTON, Calif., Sept. 15, 2020 (GLOBE NEWSWIRE) — 10x Genomics, Inc. (NASDAQ: TXG) (the “Company”) today announced the closing of its public offering of 4,600,000 shares of its Class A common stock, which included the exercise in full of the underwriters’ option to purchase 600,000 additional shares of its Class A common stock, at a public offering price of $110.00 per share. Including the option exercise, the aggregate gross proceeds from the offering were $506 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. All of the shares were offered by the Company.J.P. Morgan Securities LLC, BofA Securities and Cowen and Company, LLC acted as lead joint book-running managers for the offering. Stifel and William Blair acted as co-managers for the offering.Registration...

Apex Global Brands Reports Second Quarter 2021 Financial Results

Written by Customer Service on September 15, 2020. Posted in Earnings Releases And Operating Results.

Second Quarter Fiscal 2021 Highlights versus Second Quarter Fiscal 2020: Revenues declined to $4.4 million from $5.6 millionAdjusted EBITDA decreased to $2.3 million from $2.5 millionNet loss of $1.3 was in-line with the previous period SG&A expenses declined significantly to $2.1 million from $3.1 millionEffected a 1-for-10 reverse stock splitEntered into an amended forbearance agreement with senior secured lender on September 1, 2020, including the suspension of interest and principal payments through December 31, 2020Accelerated Maturity Date on all senior debt from August 3, 2021 to March 31, 2021Received notification from Nasdaq that Apex was no longer in compliance with the minimum publicly held share count requirementSHERMAN OAKS, Calif., Sept. 15, 2020 (GLOBE NEWSWIRE) — Apex Global Brands (Nasdaq: APEX), a global...

La-Z-Boy Completes Seattle-Market Acquisition

Written by Customer Service on September 15, 2020. Posted in Public Companies.

MONROE, Mich., Sept. 15, 2020 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced the completion of its previously announced asset acquisition of the Seattle, Washington business that operated six independently owned La-Z-Boy Furniture Galleries® stores, with approximately $30 million in annual retail volume in calendar 2019, and one warehouse. The transaction is the result of the planned retirement of independent dealers, Chris and Lisa Washko. The stores have become part of La-Z-Boy’s Retail segment, which is now composed of 159 stores.Kurt L. Darrow, Chairman, President and Chief Executive Officer of La-Z-Boy, said, “We are thrilled to have acquired the strong base of La-Z-Boy Furniture Galleries® stores in the Seattle market. The stores have historically performed...

Enzon Pharmaceuticals Announces Key Dates for Rights Offering

Written by Customer Service on September 15, 2020. Posted in Public Companies.

CRANFORD, N.J., Sept. 15, 2020 (GLOBE NEWSWIRE) — Enzon Pharmaceuticals, Inc. (the “Company” or “Enzon”) (OTC:ENZN) announced today the record date and expected subscription period for its previously-announced rights offering to raise proceeds of approximately $43 million. The proceeds from the rights offering will be utilized to position the Company as a public company acquisition vehicle, where it can become an acquisition platform and more fully utilize its net operating loss tax carryforwards and enhance stockholder value.The Company filed Amendment Number 1 to its Registration Statement on Form S-1 providing 5:00 p.m., New York City time, on September 23, 2020 as the record date. Subject to the Registration Statement becoming effective on or about September 18, 2020, the Company intends to commence the rights offering on...

Kelly® to Participate in Sidoti Fall 2020 Virtual Investor Conference

Written by Customer Service on September 15, 2020. Posted in Public Companies.

TROY, Mich., Sept. 15, 2020 (GLOBE NEWSWIRE) — Kelly (Nasdaq: KELYA) (Nasdaq: KELYB), a leading specialty talent solutions provider, today announced it will be presenting at the Sidoti Fall 2020 Virtual Investor Conference that is to be held on September 23 & 24, 2020.In addition to participating in virtual one-on-one meetings, Peter Quigley, president and CEO, Olivier Thirot, executive vice president and chief financial officer, and James Polehna, senior vice president and corporate secretary, will review the company’s strategy and performance. The presentation can be accessed at kellyservices.com and will begin at 2:30 p.m. ET on Thursday, September 24, 2020. An audio replay of the presentation will be available on the Company’s website following the live presentation as well.About Kelly®Kelly Services, Inc. (Nasdaq: KELYA,...

PRA Health Sciences Announces Appointment of New Director

Written by Customer Service on September 15, 2020. Posted in Public Companies.

RALEIGH, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) — PRA Health Sciences, Inc. (NASDAQ:PRAH) today announced the appointment of Glen Stettin, M.D. to the Board of Directors of the Company, effective September 14, 2020.“We are delighted that Glen will be joining our Board of Directors. With his widespread involvement in the healthcare field as both a physician and an executive, Dr. Stettin’s experience in innovation, data, analytics, technology and integrated health solutions will provide the Board with valuable insight as we continue to reinvent clinical research and make it more accessible to patients,” said Colin Shannon, President, Chief Executive Officer and Chairman of the Board of Directors of PRA Health Sciences, Inc.Dr. Stettin is Senior Vice President and Chief Innovation Officer at Express Scripts & Cigna Services, a...

Month: September 2020

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