Day: October 28, 2020

Ultragenyx Announces Proposed Public Offering of Common Stock

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

NOVATO, Calif., Oct. 28, 2020 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE), a biopharmaceutical company focused on the development and commercialization of novel products for serious rare and ultra-rare genetic diseases, today announced that it has commenced an underwritten public offering of up to $400,000,000 of shares of its common stock. In addition, the company is expected to grant the underwriters of the offering an option for a period of 30 days to purchase up to an additional $60,000,000 of shares of common stock at the public offering price, less the underwriting discount.The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed. J.P. Morgan, Goldman Sachs & Co. LLC, BofA Securities and Cowen are acting as joint book-running...

Monro, Inc. Announces Second Quarter Fiscal 2021 Financial Results

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

~ Second Quarter Sales of $288.6 Million ~~ Second Quarter Diluted EPS of $.38, including $.01 of Costs Related to Monro.Forward and Management Transition ~~ Year-to-Date Operating Cash Flow of ~$126 Million compared to ~$80 Million in the Same Period Last Year ~~ Signs Definitive Agreement to Acquire 17 Stores in Southern California, Representing Expected Annualized Sales of ~$20 Million ~ROCHESTER, N.Y., Oct. 28, 2020 (GLOBE NEWSWIRE) — Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its second quarter ended September 26, 2020.Second Quarter ResultsSales for the second quarter of the fiscal year ending March 27, 2021 (“fiscal 2021”) decreased 11.0% to $288.6 million, as compared to $324.1 million for the second quarter of the fiscal year ended...

FirstService Reports Strong Third Quarter Results

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

Operating highlights:TORONTO, Oct. 28, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) today reported strong results for its third quarter ended September 30, 2020. All amounts are in US dollars.Revenues for the third quarter were $741.9 million, a 10% increase relative to the same quarter in the prior year, Adjusted EBITDA (note 1) increased 15% to $88.7 million, and Adjusted EPS (note 2) was $1.19, representing 29% growth over the prior year quarter. During the third quarter, FirstService reported GAAP Operating Earnings of $59.1 million, up from $49.7 million in the prior year period. The GAAP diluted earnings per share was $0.75 in the quarter, compared to $0.50 for the same quarter a year ago.For the nine months ended September 30, 2020, revenues were $2.00 billion, a 15% increase relative to the comparable...

Alberton Acquisition Corp. Announces Signing of Merger Agreement with SolarMax Technology, Inc.

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

New York, New York, Oct. 28, 2020 (GLOBE NEWSWIRE) — Alberton Acquisition Corp. (“Alberton”) (NASDAQ: ALAC) announced today that it has entered into an agreement and plan of merger (the “Merger Agreement”) by and among Alberton, SolarMax Technology, Inc., a Nevada corporation (“SolarMax”), and Alberton Merger Subsidiary Inc., a Nevada corporation and wholly-owned subsidiary of Alberton (the “Merger Sub”), pursuant to which, among other things, on the terms and subject to the conditions set forth therein, Merger Sub would merge with and into SolarMax (the “Merger”), with SolarMax continuing as the surviving corporation of the Merger, becoming a direct wholly-owned subsidiary of Alberton, with SolarMax’ stockholders receiving, in respect of their SolarMax shares, Alberton shares having a value of $300,000,000. The value of a shares...

CloudMD to Acquire HumanaCare, an Industry Leader in Employee Health Services, Providing a Transformational Platform that Promotes Short and Long-Term Health and Wellness

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

HumanaCare provides employees and family members with industry leading short-term support through nurse triage for everyday life challengesIntegrated with CloudMD’s enterprise services, the solution will offer a comprehensive, holistic approach to healthcare which includes telemedicine, triaging, on-demand mental health support, and educational healthcare resourcesCloudMD will have the only employee assistance solution to deliver care plans to employees for short-term, long-term and chronic careCloudMD will be able to optimize and cross-sell into HumanaCare’s current client networkImmediately accretive with significant annualized revenue run rate, based on signed contracts of approximately $3.3 million and projected EBITDA margin greater than 19% with near term optimization synergies.VANCOUVER, British Columbia, Oct. 28, 2020 (GLOBE NEWSWIRE)...

Otonomy to Report Third Quarter 2020 Financial Results and Provide Corporate Update

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

SAN DIEGO, Oct. 28, 2020 (GLOBE NEWSWIRE) — Otonomy, Inc. (Nasdaq: OTIC), a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology, today announced it will report financial results for the third quarter of 2020 and provide a corporate update at 4:30 p.m. ET on November 4, 2020.The live call may be accessed by dialing (877) 305-6769 for domestic callers and (678) 562-4239 for international callers with conference ID code number: 5179918. A live webcast of the call will be available online in the investor relations section of Otonomy’s website at www.otonomy.com and will be archived there for 30 days.About OtonomyContacts:Media Inquiries:Spectrum ScienceChloé-Anne RamseyVice President404.865.3601cramsey@spectrumscience.comInvestor Inquiries:Westwicke ICRRobert H. UhlManaging Director858....

ALM Intelligence Names FTI Consulting a Pacesetter in Financial Crisis Management

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

WASHINGTON, Oct. 28, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that the firm has been named a pacesetter in financial crisis management in ALM Intelligence’s Pacesetter Research: Financial Crisis Management 2020 report.The ALM Pacesetter Research methodology evaluates market leaders against five core criteria: business model, value proposition, service delivery, client enablement and brand eminence. Of the 26 market leaders in consulting, multiservice providers, law firms, financial advisory and strategic communications evaluated in the report, FTI Consulting was one of three identified as a pacesetter.According to ALM Intelligence, pacesetters rise above the field by providing services that fit within the larger context of a client’s needs. They recognize that financial crisis management is not simply...

Voice + Visibility Women’s Summit Selects NexTech’s InfernoAR Platform for Second Annual Virtual Event

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

VANCOUVER, British Columbia, Oct. 28, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce that its InfernoAR platform has been selected by the Voice + Visibility Women’s Summit (VVWS) for its second annual activation event to be held virtually on February 9, 2021.The event has historically been based in Southwest Florida but will have a national presence this year as it is being held virtually through the InfernoAR platform to ensure the safety and security of all participants. VVWS is designed to convene, inspire and activate diverse female leaders, shining a light on nationally recognized visionaries who share their stories of leadership,...

Iovance Biotherapeutics to Present at Upcoming Conferences in November

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

SAN CARLOS, Calif., Oct. 28, 2020 (GLOBE NEWSWIRE) — Iovance Biotherapeutics, Inc. (NASDAQ: IOVA), a late-stage biotechnology company developing novel T cell-based cancer immunotherapies, today announced that the company plans to present at the following conferences in November:Next Generation CAR and T Cell Therapies Conference (Virtual) | Nov. 2-5, 2020Date/Time: Monday, Nov. 2 at 5:20 p.m. ESTCredit Suisse 29th Annual Virtual Healthcare Conference | Nov. 9-12, 2020Date/Time: Monday, Nov. 9 at 1:15 p.m. ESTSITC Annual Meeting (Nov. 9-14, 2020)Poster Presentation (Abstract #353): Safety and efficacy of tumor infiltrating lymphocytes (TIL; LN-145) in combination with pembrolizumab for advanced, recurrent or metastatic HNSCCAuthors: A Jimeno, et al.Dates/Times: Wednesday, Nov. 11, from 5:15-5:45 p.m. EST and Friday, Nov. 13, from...

Search Minerals Outlines Two Deposits at FOX MEADOW Critical Rare Earth Element Mineralized Zone in SE Labrador

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

VANCOUVER, British Columbia, Oct. 28, 2020 (GLOBE NEWSWIRE) — Search Minerals Inc. (TSXV: SMY) (“Search” or the “Company”) is pleased to report 2020 channel assay results from FOX MEADOW, a major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element (CREE) District. Trenching/channelling (four new channels in 2020), a UAV magnetic survey (2019) and mapping/prospecting outline two mineralized zones on the surface at FOX MEADOW: the NW zone is up to 175m wide and SE zone is up to 116m wide. Combined, the mineralization is at least 790m long. This combined surface expression is significantly longer and wider than the surface expressions of the nearby and related FOXTROT and DEEP FOX Resources. The FOX MEADOW mineralization is similarly hosted by peralkaline volcanic rocks and exhibit similar grades of the...

Day: October 28, 2020

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