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Day: December 3, 2020

Bridgetown Holdings Limited Announces the Separate Trading of its Class A Ordinary Shares and Warrants

Hong Kong, Dec. 03, 2020 (GLOBE NEWSWIRE) — Bridgetown Holdings Limited (the “Company”) announced today that, commencing December 7, 2020, holders of the 59,499,351 units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the Nasdaq Stock Market LLC under the symbols “BTWN” and “BTWNW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on the Nasdaq Stock Market LLC under the symbol “BTWNU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate...

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Hexagon Purus AS: Private placement successfully completed

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.Reference is made to the stock exchange notice from Hexagon Composites ASA published on 2 December regarding a contemplated private placement of new shares in Hexagon Purus AS (the “Company” or “Hexagon Purus”).The Company is pleased to announce that it has raised approximately NOK 750 million in gross proceeds through a private placement (the “Private Placement”) of 27,472,527 new shares (the “New Shares”), at a price per share of NOK 27.3. The subscription price represents the maximum price within...

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CooperCompanies Announces Fourth Quarter and Full Year 2020 Results

SAN RAMON, Calif., Dec. 03, 2020 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced financial results for its fiscal fourth quarter and full year ended October 31, 2020.Fourth quarter revenue decreased 1% year-over-year to $681.6 million. CooperVision (CVI) revenue down 1% to $506.3 million, and CooperSurgical (CSI) revenue down 4% to $175.3 million.Fourth quarter GAAP diluted earnings per share (EPS) $1.64, down 78 cents or 32% from last year’s fourth quarter.Fourth quarter Non-GAAP diluted EPS $3.16, down 14 cents or 4% from last year’s fourth quarter. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below.Commenting on the results, Al White, Cooper’s President and CEO said, “This was a solid quarter where we took market share globally in both contact lenses and fertility....

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Zumiez Inc. Announces Fiscal 2020 Third Quarter Results

Third Quarter 2020 Sales Increased 2.6% to $271.0 MillionThird Quarter 2020 Diluted Earnings Per Share Increased 54.7% to $1.16Cash and Current Marketable Securities Increased 77.0% to $316.2 MillionLYNNWOOD, Wash., Dec. 03, 2020 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) today reported results for the third quarter ended October 31, 2020.Total net sales for the third quarter ended October 31, 2020 (13 weeks) increased 2.6% to $271.0 million from $264.0 million in the quarter ended November 2, 2019 (13 weeks). Due to store closures, stores were open for approximately 95% of the third quarter of 2020 measured as the total number of store days open in the quarter divided by the total number of store days available. For the stores that were open, comparable sales for the thirteen weeks ended October 31, 2020 increased 8.1% compared...

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Calavo Growers to Report Fourth Quarter 2020 Financial Results on December 21, 2020

SANTA PAULA, Calif., Dec. 03, 2020 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that it will release financial results for the fourth quarter ended October 31, 2020, after the market closes on Monday, December 21, 2020.A conference call and audio webcast with analysts and investors will be held at 5:00 p.m. Eastern Time/2:00 p.m. Pacific Time, to discuss the results and answer questions.Live conference call: 877-407-3982 (domestic) or 201-493-6780 (international) with conference ID: 13713975.Live and archived webcast will be available on the Events and Presentations page of Calavo’s investor relations website at http://ir.calavo.com.About Calavo Growers, Inc.Calavo Growers, Inc. is a global avocado-industry leader and provider...

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Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2020 Financial Results

~ Comparable Store Sales Increase 15.3% ~~ Operating Margin Increases 300 Basis Points to 13.9% ~~ Diluted EPS Increases 65.9% to $0.68 ~~ Adjusted Diluted EPS Increases 58.5% to $0.65 ~HARRISBURG, Pa., Dec. 03, 2020 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the third quarter ended October 31, 2020.Third Quarter Summary:Total net sales increased 26.7% to $414.4 million.  Comparable store sales increased 15.3%.The Company opened 19 new stores, including one relocation, ending the quarter with 385 stores in 25 states, a year-over-year increase in store count of 11.6%.Operating income increased 61.7% to $57.8 million and operating margin increased 300 basis points to 13.9%.Net income increased 67.7% to $45.2 million and net income per diluted share increased...

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AXT Completes the Ramp of OSRAM Shipments from New, Dingxing Manufacturing Facility

FREMONT, Calif., Dec. 03, 2020 (GLOBE NEWSWIRE) — AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it has completed the ramp of its gallium arsenide substrate shipments for its major customer, OSRAM, from its new, state-of-the-art manufacturing facility in Dingxing, China. In March, OSRAM finished its qualification of the new facility and began accepting a portion of its order volume from Dingxing, which it has continued to ramp throughout the year.“We are very pleased to be able to fully support OSRAM’s requirements from our new, world-class manufacturing facility in Dingxing,” said Morris Young, chief executive officer. “The facility was designed from the ground up around modern manufacturing best practices, utilizing state-of-the-art equipment and improved automation....

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Silk Road Medical Announces Changes to Board of Directors

SUNNYVALE, Calif., Dec. 03, 2020 (GLOBE NEWSWIRE) — Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today announced the appointment of Kevin Ballinger to the company’s Board of Directors. Simultaneously, the company also announced the resignation of current board member, Ruoxi Chen. Both of these changes are effective immediately.Ballinger, the recently appointed Chief Executive Officer of Aldevron, brings decades of experience in the medical device industry. Prior to joining Aldevron, he spent 25 years at Boston Scientific, a company focused on a variety of interventional medical specialties. During his last nine years at Boston Scientific, he served as Executive Vice President and Global President of the Interventional Cardiology division. Under his leadership,...

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Trident Acquisitions Announces Annual Meeting Results and Contribution to Trust Account to Extend Period to Consummate Business Combination

NEW YORK, Dec. 03, 2020 (GLOBE NEWSWIRE) — Trident Acquisitions Corp. (NASDAQ: TDACU, TDAC, TDACW) (“Trident”), a special purpose acquisition company, announced the results of its annual meeting (the “Annual Meeting”), which took place on November 30, 2020. The following proposals were voted on and approved by Trident’s stockholders:A proposal to elect two (2) Class II directors (Marat Rosenberg and Gennadii Butkevych) to serve until the 2023 Annual Meeting of Stockholders of Trident and until his or her successor has been duly elected and qualified or until his or her earlier resignation, removal or death.A proposal to amend Trident’s amended and restated certificate of incorporation (the “COI Amendment”) to extend the date by which Trident has to complete a business combination for an additional three months to March 1, 2021,...

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Grindrod Shipping Holdings Ltd. Announces Fleet Update – Extension of IVS Pinehurst

SINGAPORE, Dec. 03, 2020 (GLOBE NEWSWIRE) — Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “it” or “we” or “our”), a global provider of maritime transportation services in the drybulk and product tanker sectors, announced that the Company has agreed to extend the firm charter-in period of the 2015-built supramax drybulk vessel IVS Pinehurst for 11 to 13 months, starting from November 15, 2020. The Company has a further option to extend the charter for an additional 11 to 13 months and retains the existing purchase option to acquire the vessel at a fixed price in the future.About Grindrod Shipping Holdings Ltd.Grindrod Shipping owns and operates a diversified fleet of owned and long-term and short-term chartered-in drybulk vessels and product tankers. The drybulk business,...

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