Day: November 10, 2020
SEATTLE, Nov. 10, 2020 (GLOBE NEWSWIRE) — Adaptive Biotechnologies Corporation (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today announced a collaboration with GlaxoSmithKline plc (GSK) to use its clonoSEQ® Assay to assess minimal residual disease (MRD) in GSK’s portfolio of hematology products.“We are thrilled to collaborate with GSK to implement our leading MRD test across their groundbreaking hematology portfolio as a measure of treatment response and patient outcomes,” said Chad Robins, CEO and co-founder of Adaptive Biotechnologies. “MRD is increasingly used as an endpoint in clinical trials, and clonoSEQ has emerged as the premier test to reliably and accurately measure MRD to help advance novel...
Adaptive Biotechnologies Reports Third Quarter 2020 Financial Results
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SEATTLE, Nov. 10, 2020 (GLOBE NEWSWIRE) — Adaptive Biotechnologies Corporation (“Adaptive Biotechnologies”) (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today reported financial results for the quarter ended September 30, 2020.“Over the last quarter, we have demonstrated the unique capability of our platform to translate the immune response at scale into data that informs the development of best-in-class, differentiated diagnostic and therapeutic solutions,” said Chad Robins, chief executive officer and co-founder of Adaptive Biotechnologies. “This pandemic has highlighted the key role of the immune response in our understanding of disease. COVID-19 is a prime example of the power of our platform to...
ElectraMeccanica Reports Third Quarter 2020 Financial Results
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VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, reported financial results for the third quarter ended September 30, 2020.Third Quarter and Recent Company HighlightsCommenced production and successfully delivered the first shipment of SOLO EVs into the U.S. In-line with the Company’s ongoing vehicle rollout strategy, these SOLO EVs will be used specifically for high ROI activities, including press events, marketing, retail distribution, test drives, corporate and advertising purposes as well as fleet demonstrations.Expanded the SOLO retail footprint into six (6) additional high-traffic, upscale shopping centers in EV-friendly cities, including San Diego, CA;...
Arbor Realty Trust Announces Public Offering of Common Stock
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UNIONDALE, N.Y., Nov. 10, 2020 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (the “Company”) (NYSE: ABR) announced today that it plans to make a public offering of 7,000,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of its common stock.The Company intends to use the net proceeds from the offering to make investments relating to its business and for general corporate purposes. The Company also intends to use a portion of the net proceeds from this offering to purchase an aggregate of 700,000 shares, or 805,000 shares if the underwriters exercise in full their option to purchase additional shares, of the Company’s common stock from its Chief Executive Officer, Arbor Commercial Mortgage, LLC and/or estate...
Palomar Holdings, Inc. Reports Third Quarter 2020 Results
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LA JOLLA, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or the “Company”) reported a net loss of $15.7 million, or $0.62 per diluted share, for the third quarter of 2020 compared to net income of $7.5 million, or $0.31 per diluted share, for the third quarter of 2019.Third Quarter 2020 HighlightsGross written premiums increased by 55.4% to $103.0 million compared to $66.2 million in the third quarter of 2019Net loss was $15.7 million, or $0.62 per diluted share, compared to net income of $7.5 million, or $0.31 per diluted share, in the third quarter of 2019Adjusted net income excluding catastrophe losses(1) was $13.7 million, compared to $9.6 million in the third quarter of 2019Total loss ratio of 97.7% compared to 8.8% in the third quarter of 2019Catastrophe loss ratio of 86.9%(1) compared...
Datadog Announces Third Quarter Results
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Third quarter revenue grew 61% year-over-year to $155 millionStrong growth of larger customers, with 1,107 $100k+ ARR customers, up from 727 a year agoAnnounced 8 new products and features at annual Dash conferenceAnnounced a strategic partnership with Microsoft and an extended partnership with GoogleNEW YORK, Nov. 10, 2020 (GLOBE NEWSWIRE) — Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced financial results for its third quarter ended September 30, 2020.“We are pleased with our strong results for the third quarter, which demonstrated continued high growth at scale.” said Olivier Pomel, co-founder and CEO of Datadog. “The pandemic has driven organizations globally and across industries to prioritize their digital operations like never before, further strengthening the cloud’s...
Nass Valley Gateway Announces a New Marketing Partnership With Digital Agency, Branded Book
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Marketing Partnership Cemented to Drive Customer Acquisition For Nass Valley’s CBD Product LinesVancouver, BC, Nov. 10, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Nass Valley Gateway LTD. (NVG), (CSE: “NVG.CN”); (OTC Pink: NSVGF) (Frankfurt: “3NVN”) distributor of top quality THC-free, broad and full spectrum CBD consumables, is pleased to announce its new marketing partnership with Branded Book, a digital marketing company specializing in customer acquisition within the Healthcare, Wellness, and CBD industries.“Branded Book is specialized in our space. They are now our partners within the CBD vertical and they excel at customer acquisition and performance marketing, which are key components per our plan. This is the type of relationship we are looking for to add value to our marketing efforts,” stated Michael Semler, CFO...
Oportun and MetaBank announce partnership to make affordable and responsible personal loans available across the nation
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SAN CARLOS, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial institution, today announced a partnership with MetaBank®, N.A., a national bank, to make affordable and responsible personal loans capped at a 36% APR, available to consumers across the nation. Expected to launch in mid-2021, the partnership will offer affordable personal loans that are designed for low- and moderate-income (LMI) individuals with limited or no credit history. This program creates more opportunities for financial access to LMI individuals beyond Oportun’s current state-licensed footprint.Oportun’s customers earn $47,000 per year, on average, with many of them supporting a family on this modest income. When first applying for credit at Oportun, the majority of Oportun’s customers have either no credit score or...
Skeena Resources Announces Overnight Marketed Public Offering
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESVANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) — Skeena Resources Limited (TSX: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce that is has launched an overnight marketed public offering of common shares (“Common Shares”) seeking gross proceeds of approximately C$35 million (the “Offering”). The Offering will be conducted through a syndicate of underwriters led by Raymond James Ltd. and Canaccord Genuity.The Common Shares will be offered pursuant to a prospectus supplement to the Company’s short form base shelf prospectus dated November 4, 2020. A preliminary prospectus supplement has been filed and the Company intends...
CNB Financial Announces Quarterly Dividend for Common Stock and Series A Preferred Stock and Related Depositary Shares Distribution
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CLEARFIELD, Pa., Nov. 10, 2020 (GLOBE NEWSWIRE) — The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the “Corporation”) has announced the declaration of a $0.17 per share of common stock quarterly cash dividend payable on December 15, 2020 to common stock shareholders of record on December 1, 2020.The Board also declared a quarterly cash dividend of $0.475 per depositary share, resulting from the Corporation’s declaration of a $19.00 per share dividend on its Series A Preferred Stock. The dividend is payable on December 1, 2020, for holders of record as of November 17, 2020.CNB Financial Corporation is a financial holding company with consolidated assets of approximately $4.7 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank. CNB Bank is a full-service...