Day: December 31, 2020
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MEDIROM Healthcare Technologies Inc. Announces Closing of $12,000,000 Initial Public Offering
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NEW YORK, Dec. 31, 2020 (GLOBE NEWSWIRE) — MEDIROM Healthcare Technologies Inc. (NasdaqCM:MRM), a holistic healthcare company from Japan (the “Company”), announced today that it has closed its previously announced initial public offering of 800,000 ADSs at a price to the public of US$15.00 per share. Each ADS represents one share of the Company’s common stock. After underwriting discounts and offering expenses, the Company expects to receive net proceeds of approximately US$7.8 million.The proceeds of the offering will be used to for working capital and general corporate purposes, which may include investments, acquisition or strategic collaborations to expand its customer base as well as develop and market new services.The ADSs were offered pursuant to the Company’s Registration Statement on Form F-1 (File Nos. 333-250762...
Tribune Publishing Company Announces Closure of BestReviews Sale, Updates Guidance for Q4 and Full Year 2020 and Provides Revenue and AEBITDA Guidance for 2021
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CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) — Tribune Publishing Company (NASDAQ:TPCO) today announced that it has closed the sale of its majority stake in BestReviews to Nexstar Media Group, Inc. (NASDAQ: NXST). BestReviews LLC was owned 60% by Tribune and 40% by its founders, BR Holding Company, Inc.“We are pleased to have closed the BestReviews transaction which strengthens the Company’s balance sheet and provides flexibility for our business going forward,” said Terry Jimenez, CEO of Tribune Publishing.Tribune Publishing also updated its guidance for Q4 and full year 2020, excluding the impact of BestReviews, and released revenue and AEBITDA guidance for 2021.For the fourth quarter of 2020 the Company expects to generate a range of $191M-$192M in revenue and $28M-$29M in AEBITDAFor the full year of 2020 the Company expects to generate...
PureK Holdings Corp. to Acquire No B.S. Skincare, a Clean Ingredient Skincare Company
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VANCOUVER, British Columbia, Dec. 31, 2020 (GLOBE NEWSWIRE) — PureK Holdings Corp. (the “Company“) (TSX Venture: PKAN), along with its majority-owned CBD subsidiary company, PureKana LLC, (“PureKana”), is pleased to announce that effective today it has entered into a binding letter of intent (“LOI”) with DTC Brands, LLC to acquire No B.S. Life, LLC (“No B.S. Skincare”), the industry-leading clean-formula skin care and beauty company. The transaction is an arm’s length acquisition and all figures in this news release are in U.S. dollars, unless otherwise indicated.Under the terms of the binding LOI, PureK Holdings Corp. and its PureKana subsidiary will acquire all of the issued and outstanding membership units of No B.S. Life, LLC, with 65% of the purchase price to be paid by PureK Holdings Corp. and 35% to be paid by...
US Department of Agriculture Selects Draganfly Commander Drone
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Los Angeles, CA, Dec. 31, 2020 (GLOBE NEWSWIRE) — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading manufacturer and systems developer, is pleased to announce that the US Department of Agriculture has selected the use of the Draganfly Commander drones to do phenotyping and other related data collection and analysis.The Draganfly Commander Ag-Pro model is a turn-key UAV package providing extended flight times, high level of data resolutions and accuracy and the utmost data security.Draganfly drones are important within the agriculture industry as they support evidence-based crop, health, planning and spatial data collection. These tools and technologies can provide valuable data that can then be used to influence policies and decisions.In light of the US Department...
Wolters Kluwer divests French legal notices business line
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Wolters Kluwer divests French legal notices business lineDECEMBER 31, 2020 – Wolters Kluwer Legal & Regulatory announces that it has signed and completed the divestment of its French legal notices business, Annonces & Formalités Légales, to Médialex, part of Sipa-Ouest-France Group.The divestment is consistent with the strategy of Wolters Kluwer Legal & Regulatory to focus on professional information and software solutions in core legal markets. About Wolters KluwerWolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and...
Avicanna Announces Exercise and Closing of Over-Allotment Option
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWSTORONTO, Dec. 31, 2020 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna“, or the “Company“) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) is pleased to announce that further to the closing of its marketed public offering of 5,966,900 units (“Units”) of the Company at a price of $0.85 per Unit which occurred on December 8, 2020 (the “Offering”), the Agents (as defined below) have exercised their over-allotment option (the “Over-Allotment Option“) in full to sell an additional 895,034 Units at a price of $0.85 per Unit, for gross proceeds of approximately $760,780.Including the Units sold pursuant to the Over-Allotment...
Continued Arrival of New Electric Vehicles to DSG Global, Inc. Subsidiary Imperium Motors’ Experience Center Positions Company for Strong 2021 Sales Launch
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SURREY, British Columbia, Dec. 31, 2020 (GLOBE NEWSWIRE) — DSG Global, Inc. (OTCQB: DSGT) (“DSGT” or the “Company”) announces the continued arrivals of electric vehicles into subsidiary Imperium Motors’ California-based Experience Center, positioning the Company for its 2021 sales launch with vehicles in stock. The Company anticipates a Grand Opening of the Experience Center in early 2021, allowing consumers and dealer candidates to see and drive any of the newly delivered electric low and high speed vehicles.The previously announced recent shipment of Jonway, Skywell and Rumble Motors models of cars, trucks, vans, SUVs, scooters and electric bikes are now on display in the Experience Center and in its on-site warehouse.“With the arrival of these vehicles to our facility, we are now officially on track to launch our 2021 Imperium...
DMG Files Audited Annual Financial Statements
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VANCOUVER, British Columbia, Dec. 31, 2020 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (DMGGF:OTC US) (FRANKFURT:6AX) (“DMG” or the “Company”), a diversified blockchain and technology company, is pleased to announce that it filed its Audited Annual Financial Statements and Management Discussion and Analysis on December 30, 2020.A full copy of these documents is available on www.sedar.com.Sheldon Bennett, the Company’s Chief Operations Officer, emphasized, “I am very proud of all our team’s efforts in collaborating over these challenging COVID circumstances to not only achieve improved financial results in virtually all of the Company’s operations, but also to complete our annual audit process a full month before required filing.”DMG also announces that it has issued 3,655,000 stock options...
Castor Maritime Inc. Announces Pricing of $18.0 Million Registered Direct Offering
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LIMASSOL, Cyprus, Dec. 31, 2020 (GLOBE NEWSWIRE) — Castor Maritime Inc. (the “Company”) (NASDAQ: CTRM) announces today that it has entered into a securities purchase agreement with certain unaffiliated institutional investors to issue approximately 94.8 million of its common shares and warrants to purchase up to an aggregate of 94.8 million common shares at a purchase price of $0.19 per common share and accompanying warrant in a registered direct offering. The warrants will have an exercise price of $0.19 per share, are exercisable immediately and will expire five years following the date of issuance.Maxim Group LLC is acting as sole placement agent for the offering.The gross proceeds to the Company from the offering are estimated to be approximately $18.0 million before deducting the placement agent’s fees and other estimated offering...