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Day: December 21, 2020

Atlantic Capital Bancshares, Inc. Announces David Eidson Joins Board of Directors

ATLANTA, Dec. 21, 2020 (GLOBE NEWSWIRE) — Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) (“Atlantic Capital”), the parent company of Atlantic Capital Bank, N.A., announced today that David Eidson has been appointed to the Board of Directors of Atlantic Capital and the bank to fill the vacancies caused by the increase of each respective board to ten directors. Mr. Eidson will serve a term expiring at the 2021 Annual Meeting of Shareholders.“We are excited to welcome David to our Board of Directors, and believe that his community leadership and corporate and investment banking experience will complement the talents already in our boardroom,” said Douglas L. Williams, President and Chief Executive Officer of Atlantic Capital. Walter M. “Sonny” Deriso, Jr., Chairman of Atlantic Capital, added, “David has an impressive resume and is...

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Open Lending Signs Interra Credit Union to the Lenders Protection™ Program

AUSTIN, Texas, Dec. 21, 2020 (GLOBE NEWSWIRE) — Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders throughout the United States. They announced today that Interra Credit Union, a $1.3 billion institution based in Goshen, IN, has signed with Open Lending to implement their Lenders Protection™ program.“The members’ needs are always the top priority at Interra,” said David Dekker, SVP of Consumer Services at Interra Credit Union. “We are excited about our partnership with Open Lending as it will allow us to serve more members, which is paramount to our mission of being our members’ most trusted and valued financial resource.”Open Lending’s flagship product, Lenders Protection™, is a unique auto lending enablement platform. It utilizes proprietary data and advanced...

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CTG Appoints Digital Strategies Executive, Raj Rajgopal, to Board of Directors

BUFFALO, N.Y., Dec. 21, 2020 (GLOBE NEWSWIRE) — CTG (NASDAQ: CTG), a leading provider of information technology (IT) solutions and services in North America and Western Europe, today announced the appointment of Raj Rajgopal to the Company’s Board of Directors, effective December 20, 2020.Rajgopal is a seasoned industry executive with over 30 years of experience implementing digital strategies and driving transformational growth. Rajgopal previously served as the President of Virtusa Corporation, where he successfully led the company’s transformation from an engineering services firm with revenue of approximately $170 million to a leading digital consulting, digital solutions and IT services organization with 20,000 employees and annual revenues of more than $800 million. During his tenure at Virtusa, Rajgopal supported the company’s...

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Firm Capital Mortgage Investment Corporation Files Preliminary Base Shelf Prospectus

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/TORONTO, Dec. 21, 2020 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC, “FC.DB.E”, “FC.DB.F”, “FC.DB.G”, “FC.DB.H”, “FC.DB.I” and “FC.DB.J”) announced today that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in all provinces of Canada that will, upon a receipt being issued for the Corporation’s (final) short form base shelf prospectus, allow the Corporation to offer and issue up to $250 million of common shares, preferred shares, debt securities, subscription receipts, warrants or units, or any combination of such securities, over a 25-month period. The preliminary short form base shelf prospectus has not yet become final for the purpose of the...

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Wireless Telecom Group Adds Jennifer Fritzsche to Board of Directors

Parsippany, New Jersey, USA, Dec. 21, 2020 (GLOBE NEWSWIRE) — Wireless Telecom Group, Inc. (NYSE American: WTT), (the “Company”) announced today the appointment of Jennifer Fritzsche to serve as an independent member of its Board of Directors. The Company’s Board of Directors approved a resolution to increase the number of board members from seven to eight.Alan Bazaar, Chairman of the Board of Directors of Wireless Telecom Group, commented, “We are pleased to welcome Jennifer to our Board. Her unique knowledge and expertise in both the capital markets and in communications infrastructure, especially as it relates to 5G and wireless infrastructure, will be an excellent addition to our Board. We are excited about WTT’s future role in the 5G rollout and ongoing network densification and private network deployments. I look forward to...

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ChemoCentryx and VFMCRP Provide Topline Results from ACCOLADE Trial of Avacopan in C3 Glomerulopathy Including Improved Estimated Glomerular Filtration Rate (eGFR)

As in ANCA vasculitis, avacopan demonstrated statistically significant improvement in renal function as measured by eGFR compared to placebo over 26 weeks of blinded treatmentThe change from baseline to Week 26 in C3 Glomerulopathy Histologic Index (C3G HI) for Disease Activity (primary endpoint) was not statistically different between the two treatment groups, while the C3G HI for Disease Chronicity (measuring progression of fibrosis) shows significant benefit for avacopan versus placeboAvacopan safe and well tolerated in C3G patientsChemoCentryx and VFMCRP plan to discuss registration pathway with regulatory agencies in US and EUConference call today at 4:30 pm Eastern TimeMOUNTAIN VIEW, Calif. and ST. GALLEN, Switzerland, Dec. 21, 2020 (GLOBE NEWSWIRE) — ChemoCentryx, Inc. and Vifor Fresenius Medical Care Renal Pharma (VFMCRP)...

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Venus Concept Inc. Announces Proposed Public Offering

TORONTO, Dec. 21, 2020 (GLOBE NEWSWIRE) — Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock and warrants to purchase shares of its common stock in an underwritten public offering pursuant to its existing shelf registration statement. All of the common stock and warrants to be sold in the proposed offering are to be sold by Venus Concept. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.Venus Concept intends to use the net proceeds from the proposed offering for general corporate purposes, including the funding of research and development activities.Oppenheimer & Co....

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ServisFirst Bancshares, Inc. Increases Quarterly Cash Dividend by 14%

BIRMINGHAM, Ala., Dec. 21, 2020 (GLOBE NEWSWIRE) — ServisFirst Bancshares, Inc., (NASDAQ: SFBS) (“ServisFirst”), the holding company for ServisFirst Bank, today announces: At a meeting held on December 21, 2020, its Board of Directors increased the company’s quarterly cash dividend from $0.175 per share to $0.20 per share. The dividend is payable on January 8, 2021 to stockholders of record as of January 1, 2021.  ServisFirst has increased its dividend annually since the company went public in 2014.About ServisFirst Bancshares, Inc.ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary, ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Birmingham, Huntsville, Mobile, Montgomery and Dothan, Alabama, Pensacola, Sarasota...

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Calavo Growers, Inc. Announces Fourth Quarter and Fiscal 2020 Financial Results

SANTA PAULA, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the fourth quarter and fiscal year ended October 31, 2020.Fourth Quarter HighlightsTotal revenue of $234.4 million, a 20% decrease year over year, reflecting 3% growth in avocado volume offset by 22% lower avocado prices and lower revenue in the Renaissance Food Group (“RFG”) and Foods segments.Gross profit of $21.2 million, or 9.0% of revenue, compared to $24.6 million, or 8.4% of revenue, for the comparable period last year. The increase in gross profit margin percentage was attributable to improvements in the RFG and Foods segments.Net income of $6.2 million, or $0.35 per diluted share, compared to $5.2 million, or $0.30...

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Bombardier’s award winning VLocity trains celebrate 15 years and more than 370 million kilometres in service

Since launching in 2005, the fleet of VLocity trains has grown to 88 vehicles, won multiple awards and proved their quality and durabilityVLocity trains are manufactured in Dandenong, Victoria using 69 per cent local contentBERLIN, Dec. 21, 2020 (GLOBE NEWSWIRE) — Note to editors: To view the photo associated with this press release, please visit the following link: https://www.globenewswire.com/NewsRoom/AttachmentNg/44fcfb35-9cb8-41b8-9551-3d11f4da8a37Global mobility technology leader Bombardier Transportation is celebrating the 15-year anniversary of the first passenger service of the award winning VLocity diesel multiple unit trains. Since the first passenger service, the fleet has grown to 88 and clocked more than 370 million in-service kilometres.With a proven track record, the VLocity platform has evolved over time and now...

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