Brown & Brown, Inc. Achieves Major Milestone in the Development of New Daytona Beach Campus

Written by Customer Service on December 21, 2020. Posted in Public Companies.

DAYTONA BEACH, Fla., Dec. 21, 2020 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) today announced that it received a certificate of occupancy from the City of Daytona Beach on Friday, December 18, 2020, for its new office building located at 300 North Beach Street. The new facility is part of an overall campus development that includes 15 acres of land located directly across from the Halifax River. The 11-story building with approximately 225,000 square feet will be the home to four businesses and its corporate headquarters. The building will support up to 900 teammates, once fully occupied, and is part of the company’s overall growth plans, which include hiring at least 600 new jobs in Volusia County. The building also contains multiple training rooms that will support Brown & Brown University, a proprietary...

Hallador Energy Company Regains Compliance with Nasdaq Listing Requirements

Written by Customer Service on December 21, 2020. Posted in Public Companies.

TERRE HAUTE, Ind., Dec. 21, 2020 (GLOBE NEWSWIRE) — Hallador Energy Company (Nasdaq: HNRG) (the “Company”) today announced that it received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) on December 17, 2020, confirming that the Company has regained compliance with Nasdaq’s minimum bid price requirement under Listing Rule 5550(a)(2). The Company regained compliance with the Nasdaq’s requirement when the closing bid price for the Company’s common stock was at or above $1.00 for ten consecutive business days. Accordingly, Nasdaq considers this matter closed.Hallador is headquartered in Terre Haute, Indiana and through its wholly owned subsidiary, Sunrise Coal, LLC, produces coal in the Illinois Basin for the electric power generation industry. To learn more about Hallador or Sunrise, visit...

Monmouth Real Estate Confirms Receipt of Unsolicited Proposal from Blackwells Capital

Written by Customer Service on December 21, 2020. Posted in Public Companies.

HOLMDEL, N.J., Dec. 21, 2020 (GLOBE NEWSWIRE) — –Monmouth Real Estate Investment Corporation (NYSE:MNR) today confirmed receipt of an unsolicited proposal from Blackwells Capital LLC (“Blackwells”), to acquire all of the outstanding shares of the Company for $18.00 per share in cash. The Blackwells proposal is non-binding, highly conditional and reflects a 5.9% premium to the Company’s closing stock price on December 18,2020. Monmouth also today confirmed receipt on December 1, 2020, of an earlier, substantially identical unsolicited proposal from Blackwells to acquire all of the outstanding shares of the Company for $16.75 per share in cash (the “original proposal”). Monmouth’s Board, along with its financial and legal advisors, carefully considered the original proposal and unanimously determined that it did not reflect Monmouth’s...

Westwood Holdings Group, Inc. Provides Update on Multi-Asset Team Buildout

Written by Customer Service on December 21, 2020. Posted in Public Companies.

DALLAS, Dec. 21, 2020 (GLOBE NEWSWIRE) — Westwood Holdings Group is pleased to provide an update on the continuing evolution of its Multi-Asset team. Adrian Helfert, SVP – Multi-Asset, joined Westwood in January 2019 from Amundi Asset Management and has overseen the buildout of the Multi-Asset team that manages Westwood’s flagship Income Opportunity strategy along with Total Return, High Income and Alternative Income, as well as Credit Opportunities and other dedicated fixed income strategies. In addition to Mr. Helfert, the Multi-Asset team now consists of Scott Barnard, Fixed Income Portfolio Manager, who joined Westwood in July 2020 and adds generalist fixed income expertise; Hussein Adatia, Research Analyst and Portfolio Manager, who joined Westwood in January 2019 and brings deep credit and multi-asset expertise; Seth Gold,...

Primoris Services Corporation Announces Pipeline Awards Estimated at $39 Million

Written by Customer Service on December 21, 2020. Posted in Public Companies.

DALLAS, Dec. 21, 2020 (GLOBE NEWSWIRE) — Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two awards with a combined value of approximately $39 million. The contracts were secured by the Pipeline & Underground segment.Primoris was awarded a microtunneling project to install a new sewer main in North Tampa Bay. The project involves the design, procurement and installation of approximately 3,200 linear feet, using 78-inch pipe, in a single reach tunnel. The project also includes designing and building two 70-foot deep Secant Pile shafts. The work is scheduled to begin in the second quarter of 2021 and to be completed in the third quarter of 2022.The second design-build award is for furnishing and installing seven microtunnels reaching approximately 4,324 linear feet using 36-inch...

Mesa Air Group Reports November 2020 Operating Performance

Written by Customer Service on December 21, 2020. Posted in Public Companies.

PHOENIX, Dec. 21, 2020 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for November 2020.Mesa Airlines reported 23,144 block hours in November 2020, a 38.2 percent drop from November 2019 as a result of reduced schedules during the COVID-19 pandemic. The company also reported a controllable completion factor of 99.62 percent and 99.97 percent for its American and United operations, respectively.Operating statistics for November 2020 and fiscal year 2021 YTD are included in the table below.*Controllable Completion Factor excludes cancellations due to weather and air traffic control**Total Completion Factor includes all cancellationsAbout Mesa Air Group, Inc.Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier...

CF Energy Announces Acceptance by the TSX Venture Exchange of Normal Course Issuer Bid

Written by Customer Service on December 21, 2020. Posted in Public Companies.

TORONTO, Dec. 21, 2020 (GLOBE NEWSWIRE) — CF Energy Corp., (TSX-V: CFY) (“CF Energy” or the “Company”) announced today that, following its press release dated October 21, 2020 with respect to its intention to apply for approval of a Normal Course Issuer Bid (“NCIB”), the Company’s Notice of Intention to Make a Normal Course Issuer Bid has been accepted by the TSX Venture Exchange (the “Exchange”). Pursuant to the NCIB, the Company proposes to purchase through the facilities of the Exchange, from time to time over the next 12 months, if considered advisable, up to an aggregate of 3,270,000 common shares, being approximately 5% of its issued and outstanding common shares as of December 17, 2020.Purchases may commence through the Exchange on December 23, 2020 and will conclude on the earlier of the date on which purchases under the...

Iterum Therapeutics Receives Approval to Transfer to Nasdaq Capital Market

Written by Customer Service on December 21, 2020. Posted in Public Companies.

DUBLIN, Ireland and CHICAGO, Dec. 21, 2020 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM) (the Company), a clinical-stage pharmaceutical company focused on developing next generation oral and IV antibiotics to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, today announced that on December 18, 2020, the Listing Qualifications department of The Nasdaq Stock Market LLC (“Nasdaq”) approved the Company’s request to transfer its listing to The Nasdaq Capital Market from The Nasdaq Global Market. The transfer is expected to take effect at the opening of business on Wednesday, December 23, 2020. The Company’s shares will continue to trade under the symbol “ITRM.” The Nasdaq Capital Market is a continuous trading market that operates in substantially the same manner...

XOMA Announces Exercise of Green Shoe Option and Closes Preferred Stock Offering

Written by Customer Service on December 21, 2020. Posted in Public Companies.

EMERYVILLE, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) — XOMA Corporation (Nasdaq: XOMA) (“XOMA” or the “Company”) today announced the closing of its previously announced underwritten registered public offering of 984,000 shares, which includes the underwriters option to purchase additional 104,000 shares of its 8.625% Series A Cumulative Perpetual Preferred Stock, with liquidation preference of $25.00 per share (the “Preferred Stock”), at an initial public offering price of $25.00 per share. The offering resulted in net proceeds of approximately $23.4 million after deducting underwriting discounts and commissions, but before deducting expenses and the structuring fee. The Company expects to use the net proceeds of this offering to fund the segregated dividend account and the remaining net proceeds for general corporate purposes, including...

Home Bancshares, Inc. Announces Fourth Quarter Earnings Release Date and Conference Call

Written by Customer Service on December 21, 2020. Posted in Public Companies.

CONWAY, Ark., Dec. 21, 2020 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NASDAQ-GS: HOMB), parent company of Centennial Bank, today announced it expects to release Fourth Quarter 2020 earnings before the market opens on January 21, 2021. Following this release, management will conduct a conference call to review these earnings at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, January 21, 2021.We encourage all participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10150658/df97bab01e. Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the live call. Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email. The Home BancShares conference call will also be automatically...

Day: December 21, 2020

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