Month: December 2020

SIKA EXPANDS COOPERATION WITH US-BASED CIDRA CONCRETE SYSTEMSSika is expanding its cooperation with CiDRA Concrete Systems Inc., headquartered in Eden Prairie, Minnesota, and has completed a growth equity investment agreement to supplement its existing global relationship. CiDRA specializes in IoT-based digital systems to monitor concrete properties during transport. Sika and CiDRA already offer this service to customers in the US and Canada – now concrete producers in other countries will follow.CiDRA Concrete Systems is a market leader in digital monitoring and information systems for concrete loads in trucks. High-precision on-board systems measure the quality of the concrete during its transport from the batching plants to the job sites. Currently customers in the US and Canada benefit from this offering through a data subscription...

Steve Muehler, Founder and Senior Managing Member of Private Placement Markets, today announced that its popular Commercial Real Estate Finance Division is poised to introduce an industry leading Joint Venture Financing Program for seasoned and established commercial real estate developers in major markets throughout the United States and Canada. The Private Placement Markets’ – Commercial Real Estate Loan Joint Venture program will work with real estate developers with track records of success and enter into partnership agreement to capitalize their “shovel ready” commercial real estate projects through LP/GP debt & equity capital contributions. Private Placement Markets’ – Commercial Real Estate Financing Division is a national alternative commercial financing firm focused on Institutional investors, large & middle market owners,...

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, will host a webcast today to provide an update on the randomized controlled trial of remestemcel-L in ventilator-dependent patients with moderate to severe acute respiratory distress syndrome (ARDS) due to COVID-19 infection.The webcast will begin at 2.00pm AEDT, Friday, December 18; 10.00pm EST, Thursday, December 17, 2020. It can be accessed via https://webcast.boardroom.media/mesoblast-limited/20201218/NaN5fdc08a4367467001988bc8fThe archived webcast will be available on the Investor page of the Company’s website:www.mesoblast.comAbout MesoblastMesoblast Limited (ASX:MSB; Nasdaq:MESO) is a world leader in developing allogeneic (off-the-shelf) cellular medicines. The Company...

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Seven Oaks Acquisition Corp. (the “Company”) today announced the pricing of its upsized initial public offering of 22,500,000 units at a price of $10.00 per unit. The units will be listed on The NASDAQ Capital Market (“NASDAQ”) and trade under the ticker symbol “SVOKU” beginning December 18, 2020. Each unit consists of one share of Class A common stock of the Company and one-half of one redeemable warrant with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on NASDAQ under the symbols “SVOK” and “SVOKW,” respectively.Seven Oaks Acquisition Corp., led by Chairman and CEO Gary Matthews, is a special purpose...

New York, NY, Dec. 17, 2020 (GLOBE NEWSWIRE) — MedTech Acquisition Corporation (the “Company”) announced today that it priced its upsized initial public offering of 22,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading tomorrow, Friday, December 18, 2020, under the ticker symbol “MTACU”. Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade.  Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “MTAC” and “MTACW,” respectively.The...

STEINHAUSEN, Switzerland, Dec. 17, 2020 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that the United States District Court for the Southern District of New York (the “Court”) granted Transocean Ltd. and Transocean Inc.’s (together, “Transocean”) motion for summary judgment (“Summary Judgment”) with respect to Transocean’s counterclaims against funds managed by, or affiliated with, Whitebox Advisors LLC (“Whitebox”) seeking declaratory relief regarding the allegations contained in the previously disclosed purported notice of alleged default (the “2027 Notes Notice”) with respect to Transocean’s 8.00% Senior Notes due 2027 (the “2027 Guaranteed Notes”).In granting Summary Judgment, the Court held that Transocean’s previously announced exchange transactions and internal reorganization (the “Transactions”) did not violate...

VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced assay results for eight Trapia 2 core drill holes at ValOre’s 100%-owned Pedra Branca Platinum Group Element (“PGE”) Project in northeastern Brazil. The target ultramafic (“UM”) Trapia 2 intrusion was intercepted in all eight core holes drilled, establishing geological continuity well beyond the currently defined resource area. Near surface mineralization was intersected along strike to the northeast and southwest of this existing resource, and mineralization remains open in all directions.“Today’s results, demonstrating near-surface mineralization at Trapia 2, build on the recent drilling success at Trapia 1 and should expand the known resource at Trapia, currently at...

VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) — Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”) today announced that Ms. Irene Mai has resigned from her position as Chief Financial Officer of the Company effective December 31, 2020 to pursue other business interests.The Company has appointed Ms. Mary Ma, CPA, CGA as its new Chief Financial Officer effective January 1, 2021. Ms. Ma has over 20 years of experience in finance and accounting in Canada and China including previous CFO roles for two Canadian public companies with subsidiaries in China.Ms. Mai has agreed to assist in a smooth transition of duties. The Company would like to thank Ms. Mai for her previous contributions to the Company and wishes her success in her future endeavours.About Hanwei Energy Services Corp.Hanwei Energy Services Corp.’s...

New York, Dec. 17, 2020 (GLOBE NEWSWIRE) — Americas Technology Acquisition Corp. (NYSE: ATA.U, the “Company”) announced today that it closed its initial public offering of 11,500,000 units, including the exercise in full of the underwriter’s over-allotment option to purchase up to an additional 1,500,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $115,000,000.The Company’s units began trading on the New York Stock Exchange (“NYSE”) on December 15, 2020 and trade under the ticker symbol “ATA.U”. Each unit consists of one ordinary share and one-half of one warrant to purchase one ordinary share at a price of $11.50. Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be listed on NYSE under the symbols “ATA,” and “ATA WS,” respectively.Of...

PHILADELPHIA, PA, Dec. 17, 2020 (GLOBE NEWSWIRE) — INSU Acquisition Corp. III (NASDAQ:IIIIU) (the “Company”), a blank-check company sponsored by Cohen & Company (NYSE American: COHN) and formed for the purpose of acquiring or merging with one or more businesses or entities in the insurance industry, today announced the pricing of its upsized initial public offering of 21,800,000 units at a price of $10.00 per unit, for gross proceeds to the Company of $218,000,000. The Company’s units will be listed on the Nasdaq Capital Market under the symbol “IIIIU” and will begin trading on December 18, 2020. Each unit issued in the offering consists of one share of the Company’s Class A common stock and one-third of one warrant, each whole warrant exercisable for one share of Class A common stock at an exercise price of...