Day: December 18, 2020
COS COB, Conn., Dec. 18, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN), one of the largest operators of streaming advertising-supported video on-demand (“AVOD”) networks, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for January 2021. The dividend will be payable on January 15, 2021 to holders of record as of December 31, 2020. The dividend will be paid in cash.ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENTChicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix,...
Hawkins, Inc. Announces Retirement of Director John McKeon
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Minneapolis, Dec. 18, 2020 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN) today announced that John S. McKeon has notified us of his retirement from our Board of Directors and its committees effective as of December 31, 2020. Mr. McKeon has been a member of the Board since 1984 and has served as Chair of the Board since 2005.“We will miss Jack on the Board and appreciate his many years of dedicated service to Hawkins,” said Patrick H. Hawkins, Chief Executive Officer and President. “Over the 36 years that Jack has served on the Board, we have seen Hawkins grow tremendously in both size and scope. With his support and guidance, we have built a solid company that is poised for continued growth. We wish Jack well in his retirement.”James T. Thompson, the current Vice Chair of the Board, will fulfill the duties of the Chair following...
Christina Lake Cannabis Announces Genetic Databank With Portfolio of Over 100 Proprietary Strains for Outdoor Growth, and Total Inventory of 600,000+ Seeds
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VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE:CLC) (FRANKFURT: CLB) is pleased to announce that after its inaugural growing season in which the Company produced 32,500 kg / 71,650 lb of sun-grown cannabis, more than double its initially announced forecast of 15,000 kg / 33,000 lb for the year, the Company has accumulated a genetic databank with a portfolio of more than 100 proprietary cannabis strains specifically formulated for growing outdoors under sunlight. CLC has recognized that most common strains of cannabis have been engineered for indoor growth under artificial light, thereby resulting in a deficit of strains suited to outdoor growth. As a result, the Company has undertaken extensive R&D work to develop over 100...
Stop & Shop Reaches Agreement with Local Union 1500 on Pension Fund Investment and Withdrawal; No Impact to Previously Issued 2020 Outlook
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Zaandam, the Netherlands, December 18, 2020 – Ahold Delhaize announces today that its U.S. brand Stop & Shop, reached an agreement to terminate its participation in the United Food & Commercial Workers (UFCW) – Local 1500 Pension Fund (the “1500 Plan”), through a transaction that the 1500 Plan’s trustees determined to be in the best interests of the 1500 Plan’s participants and beneficiaries. The agreement improves the security of pension benefits for associates as well as reduces financial risk for the company. This transaction will not impact the previously issued outlook for 2020. This statement should not be interpreted as an update to any component of the previously issued 2020 outlook, announced in the Q3 2020 earnings release. Stop & Shop will pay the 1500 Plan withdrawal liability of $225 million (~€184 million),...
NCL Corporation Ltd. Announces Closing of $850,000,000 of Senior Notes
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MIAMI, Dec. 18, 2020 (GLOBE NEWSWIRE) — NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), announced today that it has closed its previously announced private offering of $850 million aggregate principal amount of its 5.875% senior notes due 2026 (the “Notes”). NCLC expects to use the net proceeds from the offering for general corporate purposes. The Notes will be guaranteed by certain of NCLC’s subsidiaries on a senior unsecured basis.The Notes were offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States, only to non-U.S. investors pursuant to Regulation S. The Notes will not be registered under the Securities Act or the securities laws...
Pacific Biosciences Grants Equity Incentive Award to New Employee
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MENLO PARK, Calif., Dec. 18, 2020 (GLOBE NEWSWIRE) — Pacific Biosciences of California, Inc. (NASDAQ: PACB) (“Pacific Biosciences” or the “Company”), a leading provider of high-quality sequencing of genomes, transcriptomes, and epigenomes, today announced that the Compensation Committee of the Company’s Board of Directors granted non-qualified stock options covering an aggregate of 100,000 shares of Pacific Biosciences common stock and restricted stock units (“RSU”) covering 50,000 shares of Pacific Biosciences common stock to a recently hired non-executive officer employee under the Pacific Biosciences 2020 Inducement Equity Incentive Plan on December 14, 2020 (the “Effective Date”).The 2020 Inducement Equity Incentive Plan is used exclusively to grant equity awards to individuals who were not previously an employee or non-employee...
Eargo Ranks First for Best Company Culture in Comparably Awards
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SAN JOSE, Calif., Dec. 18, 2020 (GLOBE NEWSWIRE) — Eargo, Inc. (Nasdaq: EAR) a medical device company on a mission to improve the quality of life for people with hearing loss, announced today that it has won the Comparably Award for “Best Company Culture” in the small business category. Eargo was also named a “Best Company for Women,” and CEO Christian Gormsen was named to the “Best CEO” list for the second time in three years.The recognition caps another strong year for Eargo in the Comparably Awards, which includes wins in “Best Company Perks & Benefits,” “Best Company Compensation,” “Best Company Happiness,” “Best CEOs for Women” and “Best CEOs for Diversity,” and underscores its commitment to empowering employees to be bold, nimble and real.Christian Gormsen, President and Chief Executive Officer, said, “Our team’s resilience...
Flushing Bank Hosts Ribbon-Cutting Ceremonies at New Locations in Islandia and Shirley
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UNIONDALE, N.Y., Dec. 18, 2020 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq-: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that the Bank hosted two ribbon-cutting ceremonies at its new Islandia and Shirley locations in Suffolk County. These are two of the four locations resulting from the Bank’s recent acquisition of Empire National Bank. Members of Flushing Bank’s management team were joined by several state and local elected officials at the event.John R. Buran, President and CEO of Flushing Bank, stated: “I am extremely excited about the opportunity made possible by our recent acquisition of Empire National Bank to expand our Long Island presence and introduce Flushing Bank to the Suffolk County market. We look forward to building upon the relationships that have...
American Overseas Group Limited Announces Repurchase of Series A Preference Shares
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HAMILTON, Bermuda, Dec. 18, 2020 (GLOBE NEWSWIRE) — American Overseas Group Limited (BSX: AORE.BH) (Pink Sheets: AOREF.PK) ( the “Company”) today announced that it completed private repurchases of the remaining $3.6M liquidation value of its Series A Preference Shares (the “Shares”) from undisclosed holders. With these liquidations, the Company no longer carries any Series A Preference Shares on its balance sheet.Information About the CompanyAmerican Overseas Group Limited is an insurance holding company incorporated in Bermuda and a tax resident of the United Kingdom. One of its operating subsidiaries, American Overseas Reinsurance Company Ltd., historically wrote financial guaranty reinsurance for U.S. and international public finance and structured finance transactions. The Company’s financial guaranty reinsurance obligations...
‘Vials of Hope’ Arrive at Genesis HealthCare-Affiliated Reservoir Center as Nursing Home Residents and Healthcare Workers Begin COVID-19 Vaccinations in Connecticut
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KENNETT SQUARE, Pa., Dec. 18, 2020 (GLOBE NEWSWIRE) — Residents and healthcare workers at The Reservoir Center, a Genesis HealthCare- (NYSE:GEN) (Genesis or the Company) affiliated nursing home, became the first long-term care facility in Connecticut and among the first in the U.S. to receive the COVID-19 vaccination today. Genesis HealthCare is one of the nation’s largest providers of post-acute care.“These vials of hope have arrived. Today is a historic day, and this vaccine is critical to our ability to end this pandemic,” Dr. Richard Feifer, Genesis’ chief medical officer said. “We are so grateful to the State of Connecticut and our selected pharmacy partner, CVS Health, for their support and collaboration in opening the door to a safer future. The example our frontline workers and residents have set today for our communities...