Day: November 18, 2020

Arrival, the company creating electric vehicles with its game-changing technologies, to list on NASDAQ through merger with CIIG Merger Corp.

Written by Customer Service on November 18, 2020. Posted in Mergers And Acquisitions.

Arrival, the company creating electric vehicles (“EVs”) with its game-changing technologies, has entered into a definitive business combination agreement with CIIG Merger Corp. (NASDAQ: CIIC); and the newly combined company will be listed on the NASDAQ under the new ticker symbol “ARVL”The transaction values the combined company at an enterprise value of US $5.4 billion and is expected to provide approximately US $660 million in gross cash proceeds to the Company. As part of the transaction, CIIG raised a US $400 million fully committed common stock PIPE that was anchored by Fidelity Management & Research Company LLC, Wellington Management, BNP Paribas Asset Management Energy Transition Fund, and funds and accounts managed by BlackRockArrival is producing EVs competitive in price with fossil fuel alternatives and substantially lower...

Iceland Seafood International hf: Investors presentation Q3 2020 results

Written by Customer Service on November 18, 2020. Posted in Earnings Releases And Operating Results.

See attachmentAttachmentQ3 2020 Investor Presentation

Verizon Innovative Learning expands to offer 3M+ teachers free tools for digital education

Written by Customer Service on November 18, 2020. Posted in Public Companies.

What you need to know:As the nation faces a surge in Covid-19 cases, and schools continue to grapple with uncertainty and closures, Verizon is providing additional support and remote learning resources for teachers and students

C&F Financial Corporation Declares Quarterly Dividend and Authorizes Share Repurchase Program

Written by Customer Service on November 18, 2020. Posted in Dividend Reports And Estimates.

TOANO, Va., Nov. 18, 2020 (GLOBE NEWSWIRE) — The board of directors of C&F Financial Corporation (NASDAQ:CFFI) has declared a regular cash dividend of 38 cents per common share, which is payable January 1, 2021 to shareholders of record on December 14, 2020. The board of directors of the Corporation continually reviews the amount of cash dividends per share and the resulting dividend payout ratio in light of changes in economic conditions, current and future capital requirements, and expected future earnings.In addition, the board of directors has authorized a program, effective November 17, 2020, to repurchase up to 365,000 shares of the Corporation’s common stock through November 30, 2021. Repurchases under the program may be made through privately negotiated transactions or open market transactions, including pursuant to...

Iceland Seafood International hf: Group sales in Q3 on par with same period last year, despite external challenges

Written by Customer Service on November 18, 2020. Posted in Public Companies.

Sales in Q3 2020: €95.7m, compared to €96.0m in Q3 2019Sales for 9M 2020: €276.2m, down 14% from 9M 2019.Net margin for 9M 2020: €22.6m, down €5.7m from 9M 2019Normalised profit before tax (“PBT) in 9M 2020: €3.0m compared to €7.7m in 9M 2019Basic earning per share (EPS) for 9M 2020 were €0.0371 cents per thousand shares compared to €0.1833 cents per thousand shares for 9M 2019Strong sales growth during Q3 after a difficult Q2.Strong sales in retail during the whole period. Sales into S-European HORECA sector only slightly down on prior year in Q3,The position in the Irish seafood market further enhanced with the acquisition of Carr & Sons. Simultaneously the option to acquire 33% minority share in Oceanpath was exercised,The last two months of the year an important trading period in key businesses. Good outlook for important...

A-Labs Capital I Corp. Provides Update on Proposed Qualifying Transaction

Written by Customer Service on November 18, 2020. Posted in Public Companies.

/NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/VANCOUVER, British Columbia, Nov. 18, 2020 (GLOBE NEWSWIRE) — A-LABS CAPITAL I CORP. (the “Corporation”) (TSXV: ALBS.P), a capital pool company, provides an update on its proposed qualifying transaction (the “QT”) with BTC Holdings Pty Ltd. (“BTC”), further to the Company’s news releases issued on February 19, 2020 and August 20, 2020.Update on Expected Completion of Qualifying TransactionThe Corporation and BTC continue to work toward the completion of the QT. The Corporation and BTC have filed a complete submission with the TSX Venture Exchange (the “Exchange”) requesting conditional approval for the QT. Subject to receipt of conditional approval, the Corporation...

ReelTime CEO Barry Henthorn Provides Letter to Shareholders — Addresses NASDAQ Listing, Patent and Technology Strategy, and New VR Series

Written by Customer Service on November 18, 2020. Posted in Public Companies.

Seattle, WA, Nov. 18, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — ReelTime VR/ReelTime Media (OTC:RLTR) CEO Barry Henthorn has provided a letter directed specifically to its current and potential shareholders. The letter can be viewed in its entirety at www.reeltime.comThe letter addresses questions that have been received recently from numerous shareholders regarding ReelTime’s recent announcements and provides specific answers to them so that other shareholders who may have similar questions will be as informed as possible. Questions that are addressed include those regarding ReelTime’s recently granted patent, meeting the requirements of the recent NASDAQ application, new productions in progress or negotiations, and continued technology developments. Barry Henthorn, CEO, stated: “It is with great pride and anticipation...

Ted Systems, LLC Joins Midwest Alarm Services

Written by Customer Service on November 18, 2020. Posted in Mergers And Acquisitions.

Lenexa, Kansas, Nov. 18, 2020 (GLOBE NEWSWIRE) — Midwest Alarm Services, a leading provider of life safety solutions, is pleased to announce that TED Systems, LLC has joined Midwest Alarm Services. Founded in 1999, TED Systems provides fire detection and security solutions for the Kansas City area in the commercial, industrial and healthcare markets.“I’m excited that TED Systems will be joining Midwest Alarm Services as our Kansas City branch,” said Doug Richard, President of Midwest Alarm Services. “TED Systems shares the same culture of excellence, teamwork and professionalism as Midwest Alarm Services, and has specialized in card access, video surveillance, sound and fire in the Kansas City market for the past 20 years. I look forward to the expertise and experience that TED Systems will bring to the Midwest Alarm Services organization.”Midwest...

Præcisering af forventningerne til resultatet i 2020

Written by Customer Service on November 18, 2020. Posted in Public Companies.

Selskabsmeddelelse nr. 51/2020 | 18. november 2020 Danske Andelskassers Bank A/S præciserer og indsnævrer spændet til forventningerne til basisindtjeningen og resultatet før skat i 2020.COVID-19 har præget det meste af 2020, og har på de fleste forretningsområder resulteret i et generelt lavere aktivitetsniveau, herunder tilbageholdenhed fra bankens kunder i forhold til udlån. På den baggrund præciseres og indsnævres spændet til forventningerne til basisindtjeningen til intervallet 100-120 mio.kr. mod tidligere 115-140 mio.kr.Den finansielle usikkerhed har i kølvandet på COVID-19, også ført til stor volatilitet på de finansielle markeder, og store udsving i kurserne på bankens værdipapirbeholdning. Ligeledes har der været betydelig usikkerhed omkring især erhvervskundernes...

Symphony Floating Rate Senior Loan Fund Renews Normal Course Issuer Bid

Written by Customer Service on November 18, 2020. Posted in Public Companies.

TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) — (TSX: SSF.UN) Symphony Floating Rate Senior Loan Fund (the “Fund”) has renewed its normal course issuer bid to purchase up to 857,800 class A units (the “Units”) of the Fund representing approximately 10% of the public float of 8,578,687 Units. The Fund may purchase up to 173,168 Units in any 30 day period which is 2% of the 8,658,418 issued and outstanding Units at November 11, 2020.As of November 11, 2020, the Fund had purchased 153,700 Units of the 998,600 Units under its current bid, as approved by the TSX, at an average price of $7.37 per Unit.The Units may be purchased for cancellation from November 21, 2020 to November 20, 2021 through the facilities of the TSX or other alternative Canadian trading system and may only be purchased at a price per unit not exceeding the last published...

Day: November 18, 2020

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