Month: December 2020

SHANGHAI, China, Dec. 21, 2020 (GLOBE NEWSWIRE) — Pinduoduo Inc. (“Pinduoduo” or the “Company”)  (NASDAQ: PDD) said a global institutional investor will purchase close to US$500 million of new shares through a private placement as the agriculture-focused technology platform pursues its strategic priority of raising farm productivity and improving food security and quality.The investor has also agreed to a six-month lockup period for the newly issued Class A ordinary shares, representing approximately 0.3% of Pinduoduo’s post-issuance total outstanding shares. The transaction was priced with reference to the volume-weighted average price of the last five trading days and is expected to close on or about Dec. 24, 2020.Pinduoduo expects to use the proceeds to strengthen its balance sheet and make strategic investments. The share...

Intermediate CapitalICG: Director DeclarationIntermediate Capital Group PLC (the “Company”)21 December 2020Intermediate Capital Group plc – Director DeclarationIn accordance with the Listing Rules, Intermediate Capital Group plc announces that Virginia Holmes, Non-Executive Director of the Company, has been appointed as a Non-Executive Director of Syncona Ltd with effect from 1 January 2021. ContactsInvestor Enquiries:Chris HuntInvestor Relations, ICG plc+44 (0) 20 3545 2020Company SecretaryAndy LewisGlobal Head of Legal & Compliance, ICG plc+44 (0) 20 3545 1334

EDISON, N.J., Dec. 21, 2020 (GLOBE NEWSWIRE) — StrikeForce Technologies, Inc. (OTC PINK: SFOR), a U.S. based company, today announced the controlled rollout of SafeVchat™, the first video conferencing platform developed by a cybersecurity company and built with security and privacy as the leading priority. SafeVchat leverages StrikeForce’s patented out-of-band authentication and keystroke protection technology, making it the only platform of its kind that incorporates a proprietary meeting authorization and 2FA for every meeting participant. Additionally, SafeVchat Premium includes protection for your camera, microphone, speakers, keyboard, clipboard, and prevents unwanted screenshots with PrivacyLok™.“As millions began a rapid transition to remote work, video conferencing platforms, such as Zoom, Webex, GoToMeeting and others have...

TEMPE, Ariz., Dec. 21, 2020 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), an innovator of modern policing solutions, announced today international reorders and a growing number of new and repeat domestic orders for BolaWrap® products and accessories.WRAP recently received several international reorders totaling over 600 BolaWrap devices, plus cartridges and accessories. The Company expects to fulfill these orders by the end of the month.During the last thirty days, WRAP has also received over 50 new orders and more than 15 reorders for domestic law enforcement agencies, including:Agency in Virginia: purchased 20 devicesAgency in Ohio: purchased 20 devicesAgency in Georgia: purchased 12 devicesAgency in Texas: purchased 10 devicesAgency in Arizona: repeat order, purchased 10 devicesAgency in...

ALLEN, Texas, Dec. 21, 2020 (GLOBE NEWSWIRE) — A new survey of UK online and omnichannel retailers conducted by PFS, the operations business unit of PFSweb, Inc. (NASDAQ: PFSW), reveals that the majority of retailers are yet to adequately prepare themselves for the end of the Brexit transition period on 31 December 2020.With just over half (54%) of UK retailers reporting that they are either fully prepared for Brexit, or will be by the end of 2020, this still leaves a significant proportion of retailers who won’t be ready in time. The research has also uncovered that most retailers believe Brexit will have some kind of impact on their business operations.For many, the arrival of COVID-19 pushed Brexit further down the priority list. With talks ongoing to decide the future of the UK-EU relationship, impacts on areas of the supply...

CALGARY, Alberta, Dec. 21, 2020 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce they have obtained all of the key regulatory approvals required in connection with the previously announced combination of Cenovus and Husky pursuant to a plan of arrangement under the Business Corporations Act (Alberta).Subject to the satisfaction of customary closing conditions, the transaction is anticipated to formally close on January 1, 2021. Upon completion of the transaction, the combined company will continue to operate as Cenovus Energy Inc. and remain headquartered in Calgary, Alberta.AdvisoryThis news release contains certain forward-looking statements and forward-looking information (collectively referred to as “forward-looking information”) within the meaning of applicable...

Company also provides Q4 forecast update and share structure changesLAS VEGAS, NV, Dec. 21, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is pleased to update current and prospective shareholders as the Company approaches year-end with strong growth, a streamlined share structure, and big plans for 2021.Cryptocurrency Mining and Mining Equipment. The company is excited to announce that it has completed testing of its state-of-the-art datacenter pod (the Proceso Pod5ive datacenter), designed in partnership with Bit5ive, LLC (“Bit5ive”). “We are very excited about our design of this pod and its market-leading efficiency score,” said Alonzo Pierce, President and Chairman of ISW Holdings, Inc. “Our plan is to have two additional...

SUNNYVALE, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) announced today that KPU Telecommunications, a local provider of residential and business communications services owned by the city of Ketchikan in Alaska, deployed Infinera’s XTM Series to enhance broadband service connectivity for end-user customers. The XTM solution enables KPU to offer flexible optical and packet-based high-speed services while cost-effectively powering high-speed 200G optical transport over its 167-kilometer-long unamplified undersea fiber cable connecting the city of Ketchikan to mainland terrestrial destinations.KPU operates one of the most robust fiber-to-home local networks in Alaska, with service offerings spanning residential high-speed internet, digital cable TV, voice services, and high-speed services tailored to the needs of...

ANN ARBOR, Mich., Dec. 21, 2020 (GLOBE NEWSWIRE) — Esperion (NASDAQ: ESPR), today announced that President and Chief Executive Officer, Tim M. Mayleben, will present at the virtual 39th Annual J.P. Morgan Healthcare Conference on Wednesday, January 13, 2021 at 7:30 a.m. Eastern Time.         A live audio webcast of the virtual conference presentation can be accessed on the investor relations section of the Esperion website at www.esperion.com/investors-media/events-presentations/. Replay of the webcasts will be archived on the Company’s website for 90 days following the events.Esperion TherapeuticsThrough scientific and clinical excellence, and a deep understanding of cholesterol biology, the experienced Lipid Management Team at Esperion is committed to developing new LDL-C lowering medicines that will make a substantial impact...