Amplify Energy Announces Secondary Public Offering of Common Stock for Selling Stockholders

Written by Customer Service on December 10, 2020. Posted in Public Companies.

HOUSTON, Dec. 10, 2020 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify”) today announced the commencement of an underwritten public offering of 8,548,485 shares of its common stock by certain of its stockholders which are affiliates of Fir Tree Capital Management L.P.Amplify will not sell any shares of its common stock in the offering and will not receive any proceeds therefrom.Roth Capital Partners is acting as the Sole Manager for the offering.This offering is being made pursuant to effective shelf registration statements (File No. 333-233677, effective October 11, 2019, and 333-215602, effective May 1, 2018) and prospectuses filed by Amplify with the Securities and Exchange Commission (“SEC”). The offering of these securities will be made only by means of a prospectus and prospectus supplement. A preliminary prospectus...

Kim Stratton, CEO, resigns from Orphazyme

Written by Customer Service on December 10, 2020. Posted in Public Companies.

Orphazyme A/SCompany announcement No. 72/2020Inside informationCompany Registration No. 32266355Copenhagen, Denmark, December 10, 2020 – Orphazyme A/S (ORPHA.CO) (“Orphazyme”), a late-stage biopharmaceutical company pioneering the Heat-Shock Protein response for the treatment of neurodegenerative orphan diseases, today announces that Kim Stratton has decided to resign from Orphazyme following a dialogue initiated by the board of directors. Orphazyme will initiate a search for a new CEO immediately. Meanwhile, in order to ensure continuity going forward, Georges Gemayel, Chairman of the Board of Directors, will temporarily assist the executive team of Orphazyme with the day-to-day operations until a new CEO is appointed.Chairman of the Board of Directors,...

Black Hills Corp. Confirms it is Not Participating in CenterPoint Energy Sale Process

Written by Customer Service on December 10, 2020. Posted in Public Companies.

RAPID CITY, S.D., Dec. 10, 2020 (GLOBE NEWSWIRE) — Black Hills today announced that it has no intent to participate in the CenterPoint Energy sale process for its gas distribution assets in Arkansas and Oklahoma. Black Hills performed a preliminary review of the assets offered for sale and concluded the assets would not be strategic additions.“While growth through acquisition has been a strength of Black Hills historically, we are currently focused on driving growth through our organic customer-oriented capital investment program,” said President and CEO Linn Evans. “We have a strong $2.9 billion capital investment program from 2020 through 2024 and expect to add to that program given opportunities we are exploring. We would only consider an acquisition if it is highly strategic,” concluded Evans.Black Hills CorporationBlack Hills...

November AMK Report

Written by Customer Service on December 10, 2020. Posted in Public Companies.

CONCORD, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.Company highlights for the month of November 2020 include:Platform assets of $71.8 billion at the end of November, up 18.5% year-over-year.Net flows were $501 million in the month of November, down 8.4% year-over-year.AssetMark Trust Company client cash was $2.50 billion, up 43.7% year-over-year.Number of households increased 13.8% year-over-year to 184,935 at the end of November.This monthly data is being provided on a supplemental basis and should not be taken as a substitute for the Company’s financial statements filed with the Securities and Exchange Commission as part of the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. This monthly data...

Virtu Financial Congratulates Akshata Puri and Kayla Mortello for Winning Awards from Women in Finance Americas

Written by Customer Service on December 10, 2020. Posted in Public Companies.

NEW YORK, Dec. 10, 2020 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, announced that Akshata Puri and Kayla Mortello have both won awards from Women in Finance Americas. These prestigious awards honor highly accomplished women whose entrepreneurial spirit and leadership have made a unique contribution to the industry.Both based in New York and nominated by their peers, Akshata serves as a Product Manager for US ATS Venues and Kayla is a Senior ETF Operations Analyst. Akshata, who took home the Excellence in Trading Platform Award, manages Virtu’s US ATS products, including its flagship POSIT Alert, and services clients seeking...

A. Thomas Bender and Allan E. Rubenstein, M.D. to Retire from CooperCompanies Board

Written by Customer Service on December 10, 2020. Posted in Public Companies.

SAN RAMON, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) — CooperCompanies (NYSE:COO) announced today that A. Thomas Bender and Allan E. Rubenstein, M.D. have decided to retire and will not stand for re-election at the Annual Meeting of Stockholders in March 2021. Both men have held multiple board roles spanning decades, and their guidance has been instrumental in the success of the CooperCompanies. They have helped position the company for many years of future success.“I want to say a huge thank you to Tom and Allan for their years of service to the company. We are extremely grateful for their valuable contributions in helping shape Cooper into the fantastic company it is today,” said Al White, President and CEO. “I’d also like to especially recognize Tom for his past CEO leadership at Cooper. He has been a driving force for Cooper, and...

Uniti Group Inc. Announces Refinancing of its Revolving Credit Facility

Written by Customer Service on December 10, 2020. Posted in Public Companies.

LITTLE ROCK, Ark., Dec. 10, 2020 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that it has entered into an amendment to its credit agreement that upsizes commitments from new and existing lenders under its senior secured revolving credit facility to $500 million. Under these commitments, the covenants have been revised to provide Uniti greater flexibility in pursuing its strategic initiatives, and, subject to certain conditions, the maturity date has been extended to December 10, 2024 with substantially improved pricing.The amended credit facility provides that (i) upon receipt of routine regulatory approvals, new and extended commitments under Uniti’s amended credit facility will bear interest at a rate of LIBOR plus 375 to 450 basis points, with 0% LIBOR floor, depending on the Company’s...

La-Z-Boy Announces Planned Retirement of General Counsel

Written by Customer Service on December 10, 2020. Posted in Public Companies.

MONROE, Mich., Dec. 10, 2020 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced the planned retirement of Stephen Krull, Vice President, General Counsel and Secretary, effective August 31, 2021.Kurt L. Darrow, Chairman, President and Chief Executive Officer of La-Z-Boy Incorporated, said, “We have been fortunate to have an executive of Steve’s caliber on our team. He has served the company well in numerous capacities, including the challenges associated with navigating our way through the COVID-19 environment and working with me throughout the pandemic on important advocacy efforts to benefit the furniture industry. Additionally, during Steve’s tenure, he built a strong and highly capable legal team within the company and has worked well with our Board of Directors. Steve...

Chief Executive Officer Louis Camilleri Retires for Personal Reasons; Executive Chairman John Elkann acting Chief Executive Officer

Written by Customer Service on December 10, 2020. Posted in Public Companies.

Maranello (Italy), 10 December 2020 – Ferrari N.V. (NYSE/MTA: RACE) (”Ferrari” or “the Company”) announces that Mr. Louis Camilleri communicated today to the Company his decision, for personal reasons, to retire with immediate effect from his role as the Company’s Chief Executive Officer and as member of the Board of Directors.Ferrari’s Executive Chairman, John Elkann, acknowledging with regret Mr. Camilleri’s decision, announced he will act as interim Chief Executive Officer while the Ferrari Board of Directors will manage the ongoing process of identifying Mr. Camilleri’s successor.Commenting on Mr. Camilleri’s retirement, John Elkann said: “I would like to express our most sincere thanks to Louis for his unstinting dedication as our Chief Executive Officer since 2018 and as member of our Board of Directors since 2015. His passion for...

HC2 Receives Non-Binding Indication of Interest for Potential Acquisition of Continental Insurance Business

Written by Customer Service on December 10, 2020. Posted in Public Companies.

NEW YORK, Dec. 10, 2020 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, announced today that it has received a non-binding indication of interest (the “Indication of Interest”) for the potential acquisition of the Company’s insurance segment from Continental General Holdings LLC (the “Buyer”), an entity controlled by Michael Gorzynski, a director of the Company and beneficial owner of approximately 6.6% of the Company’s outstanding common stock, for a total potential transaction value of approximately $90 million, subject to certain adjustments, consisting of, among other things, a combination of $65 million in cash and the transfer to HC2 (or cancellation) and/or modification of the terms of certain HC2 and HC2-affiliate securities owned by Continental. The Company’s insurance...

Day: December 10, 2020

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