Day: October 28, 2020

One80 Intermediaries Acquires The Marcus Insurance Agency, Inc.

Written by Customer Service on October 28, 2020. Posted in Mergers And Acquisitions.

BOSTON, Oct. 28, 2020 (GLOBE NEWSWIRE) — One80 Intermediaries (One80) a wholesale insurance broker and program manager with offices throughout the United States and Canada, today announced that it has acquired national life insurance broker The Marcus Insurance Agency, Inc. Terms of the deal were not disclosed.With offices in Boston and Philadelphia, The Marcus Insurance Agency, Inc. was established in 1960 and is led by Principals Todd and Michelle Landau and President Eric Marcus. The Agency specializes in ‘impaired risk’ life insurance for customers with medical concerns, estate planning (including high net worth customers), business continuity planning and financial underwriting. The Marcus Agency’s customer base includes insurance agents, brokers, property and casualty agencies, financial planners, benefit planners, and accountants.“At...

Man Group PLC : Form 8.3 – Alternative Credit Investments plc

Written by Customer Service on October 28, 2020. Posted in Mergers And Acquisitions.

FORM 8.3PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION2. POSITIONS OF THE PERSON MAKING THE DISCLOSUREIf there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)All interests and all short positions should be disclosed.Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should...

BoxVn Set to Commence a Major Fleet Expansion

Written by Customer Service on October 28, 2020. Posted in Public Companies.

— Company plans to increase fleet by 20% by year-end to 600+ vehicles— BoxVn growing fleet to meet expected uptick in demand for services due to pandemic— In Spring 2020, demand for vehicle delivery outpaced supply and projections are for demand levels to remain permanentLONDON, Oct. 28, 2020 (GLOBE NEWSWIRE) — BoxVn Limited (OTCPINK:VCEX), an emerging leader in the fast-growing Driver and Light Commercial Vehicle (LCV) supply segment of the logistics industry, announced today that it plans to expand its fleet vehicles by 20% by year end in order to meet the expected uptick in demand for delivery vehicles. Once the expansion is complete, the Company will reach more than 600 vehicles on the road, of which more than two thirds are vehicles with a short wheel base. The BoxVn fleet expansion supports the company’s...

ISW Holdings Announces Breakout Revenues, Significant Debt and Share Reductions, and Uplisting Plans

Written by Customer Service on October 28, 2020. Posted in Earnings Releases And Operating Results.

LAS VEGAS, NV, Oct. 28, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is pleased to announce a preliminary qualitative performance update for the three months ended September 30, 2020, as well as an update on the Company’s recent moves to significantly reduce Debt and Authorized Shares, and uplist onto the OTCQB exchange tier.While precise data is not yet available in a form that may be publicly announced quantitatively, the Company can disclose at this time that it has recorded another breakout quarter, with new record high revenues for the three months ended September 30, 2020, driven primarily by continued growth in its Home Healthcare and Telehealth segment, which also saw strong demand growth leading to an expansion...

PFSweb Sets Third Quarter 2020 Conference Call for Friday, November 6 at 8:30 a.m. ET

Written by Customer Service on October 28, 2020. Posted in Public Companies.

ALLEN, Texas, Oct. 28, 2020 (GLOBE NEWSWIRE) — PFSweb, Inc. (NASDAQ: PFSW), a global commerce services company, will hold a conference call on Friday, November 6, 2020 at 8:30 a.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2020. The results will be reported in a press release prior to the conference call.PFSweb management will host the conference call, followed by a question and answer period.Date: Friday, November 6, 2020Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll-free dial-in number: (866) 220-4153International dial-in number: (864) 663-5228Conference ID: 1176494Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact...

NeoVolta Adds 34 Dealers In Nation’s Leading Solar Producing State, California

Written by Customer Service on October 28, 2020. Posted in Public Companies.

SAN DIEGO, Oct. 28, 2020 (GLOBE NEWSWIRE) — NEOVOLTA INC. (OTCQB: NEOV) – NeoVolta, manufacturer of Smart Energy Storage Systems, has grown its California distribution network to 34 dealers—and counting. While expanding from Southern California into Northern California in 2020, the company has doubled production and plans to quadruple capacity by the end of this year.NeoVolta’s expanding dealer network comes at a time of record demand for home energy storage. Despite the Covid-19 pandemic, the U.S. residential energy storage market posted its second-best quarter ever during Q2 2020. Industry analysts predict that 2020 will double the home battery capacity installed in 2019.Leading the way in residential storage is California, which has long been the nation’s solar energy leader. The state currently produces enough solar to power...

AgJunction to Provide Autosteering for Komatsu

Written by Customer Service on October 28, 2020. Posted in Public Companies.

SCOTTSDALE, Ariz., Oct. 28, 2020 (GLOBE NEWSWIRE) — AgJunction Inc. (TSX: AJX), (“AgJunction”), through its wholly-owned subsidiary Novariant, Inc. (“Novariant”), has developed a modular automation system to support Komatsu Ltd. (“Komatsu”) precision agricultural applications.“AgJunction was able to rapidly develop a customized autosteering system for our D51PF vehicle, which allowed us to quickly meet customer needs,” said Yuichi Iwamoto, Komatsu Senior Executive Officer and Chief Technology Officer (CTO). “We are excited to offer our customers a precision guidance retrofit kit for the D51PF that provides increased productivity and safety.”Working closely with Komatsu, AgJunction developed an automation system using mapping, path planning, and autosteering modules. These modules were tuned to meet Komatsu’s specific...

Farmers and Merchants Bancshares, Inc. Reports Earnings of $0.76 Per Share for the Nine Months Ended September 30, 2020

Written by Customer Service on October 28, 2020. Posted in Public Companies.

HAMPSTEAD, Md., Oct. 28, 2020 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the nine months ended September 30, 2020 was $2,264,609, or $0.76 per common share, compared to $3,500,018, or $1.19 per common share, for the same period in 2019. Net income for the three months ended September 30, 2020 was $385,247, or $0.13 per common share, compared to $1,177,910, or $0.40 per common share, for the same period in 2019. On October 1, 2020, the Company consummated its previously-announced acquisition of Carroll Bancorp, Inc. and Carroll Community Bank. The Company incurred significant one-time costs of $1,267,401 and $1,612,321 during the three- and nine-months ended September 30, 2020 related to this acquisition. The table below...

Yield10 Bioscience Announces Start of Field Tests of Winter Camelina Varieties

Written by Customer Service on October 28, 2020. Posted in Public Companies.

WOBURN, Mass., Oct. 28, 2020 (GLOBE NEWSWIRE) — Yield10 Bioscience, Inc. (Nasdaq:YTEN), an agricultural bioscience company, today announced that it has begun field testing to evaluate the emergence and agronomics of winter Camelina sativa varieties. The testing of these winter varieties in the 2020/2021 winter season is part of Yield10’s continued development of Camelina sativa in the medium term for use at commercial scale as a cash cover crop for North America.Having previously evaluated the Camelina sativa winter varieties in 2019/2020, Yield10 continues to pursue commercial efforts to leverage its technology in the potential high growth cash cover crop market. Cover crops are becoming increasingly important to improve the sustainability of food production by improving soil health, reducing unwanted leaching of nutrients into...

Sortis Income Fund Produces Net Annualized Return of 10.02% During Q3 2020

Written by Customer Service on October 28, 2020. Posted in Public Companies.

Portland, Oregon, Oct. 28, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Sortis Holdings, Inc. (SOHI), a Portland, Oregon-based alternative investment fund manager, announced that Sortis Income Fund, LLC produced a net annualized return of 10.02%* during the third quarter 2020. The Sortis Income Fund (SIF) is an unleveraged mortgage fund, which focuses on short-term notes that are collateralized by real estate.During the third quarter, the Sortis Income Fund saw inflows of $9 million to reach a total size of $60 million, as of mid-October 2020.“As the COVID environment continues, we are seeing great lending opportunities as well as solid portfolio performance. Banks have tightened on their lending and our leveraged competitors are facing challenges, both of which contribute to our robust lending pipeline,” noted Jef Baker, SIF...

Day: October 28, 2020

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