Month: December 2020

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New York, NY, Dec. 14, 2020 (GLOBE NEWSWIRE) — Americas Technology Acquisition Corp. (NYSE: ATA.U) (the “Company”) announced today that its Registration Statement on Form S-1 (SEC File No. 333-250841), as amended, was declared effective by the Securities and Exchange Commission. The closing of the Company’s initial public offering of 10,000,000 units is expected to occur on or about December 17, 2020. Each unit consists of one ordinary share, par value $.0001 per share (“Ordinary Share”), and one half of one warrant, with each whole warrant entitling the holder to purchase one Ordinary Share at a price of $11.50 per share. Each unit will be sold at an offering price of $10.00 per unit for aggregate gross proceeds of $100,000,000. Once the securities comprising the units begin separate trading, the common stock and warrants are expected...

VANCOUVER, British Columbia, Dec. 14, 2020 (GLOBE NEWSWIRE) — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick-and-mortar space, announces the appointment of Mark Lotz as Chief Financial Officer effective December 11, 2020.Mr. Lotz holds a Bachelor’s degree in Business Administration with a joint major in Economics. He is a Chartered Professional Accountant with 26 years of post-qualification experience, and has extensive in the capital markets across a broad cross-section of industries including SaaS, manufacturing, mining, technology and financial services. Mr. Lotz has held CFO and other senior financial...

CHANDLER, Ariz., Dec. 14, 2020 (GLOBE NEWSWIRE) — Microchip Technology Incorporated (NASDAQ: MCHP) (“Microchip,” “we” or “our”) announced today the pricing of $1.4 billion in aggregate principal amount of senior secured notes due February 15, 2024 (the “Notes”) which will bear interest at an annual rate of 0.972%. The offering of the Notes is expected to close on December 17, 2020, subject to customary closing conditions.Microchip intends to use the net proceeds from the offering of the Notes to repay substantially all amounts outstanding under its term loans under its Amended and Restated Credit Agreement dated as of May 29, 2018, as amended, and to use borrowings under its revolving credit facility to pay all related fees and expenses of the offering and the remaining balance of its outstanding term loans.The Notes will be guaranteed...

New York, NY, Dec. 14, 2020 (GLOBE NEWSWIRE) — Carney Technology Acquisition Corp. II (NASDAQ: CTAQU) (the “Company”) announced today that it closed its initial public offering of 40,250,000 units including 5,250,000 units issued pursuant to the exercise by the underwriter of its over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $402,500,000.The Company’s units are listed on the Nasdaq Capital Market (“Nasdaq”) and commenced trading under the ticker symbol “CTAQU” on December 10, 2020. 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 will trade and are exercisable.  Once...

TORTOLA, British Virgin Islands, Dec. 14, 2020 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) is commencing its previously announced substantial issuer bid on December 16, 2020 pursuant to which the Company will offer to purchase for cancellation up to C$40 million of its Class B Subordinate Voting Shares (“Class B Shares“) for cash (the “Offer“). The Offer will expire at 5:00 p.m. (Toronto time) on January 20, 2021, unless extended, varied or withdrawn by Orca. All dollar amounts are in Canadian dollars.The Offer is being made by way of a “modified Dutch auction”, allowing shareholders of the Company (“Shareholders“) who choose to participate in the Offer to individually...

VANCOUVER and MINNEAPOLIS, Dec. 14, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Neovasc Inc. (“Neovasc” or the “Company”) (Nasdaq, TSX: NVCN) announced today that it has received written notification (the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Rules for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s common shares for the 30 consecutive...

New York, New York, Dec. 14, 2020 (GLOBE NEWSWIRE) — Mudrick Capital Acquisition Corporation II (Nasdaq: MUDSU) (the “Company”) announced today that it closed the issuance of an additional 4,125,000 units pursuant to the exercise of the underwriter’s option in full to purchase additional units in connection with its initial public offering at $10.00 per unit, resulting in gross proceeds of $41,250,000 and bringing the total gross proceeds of the initial public offering to $316,250,000.The Company’s units are listed on the Nasdaq Capital Market (“Nasdaq”) and commenced trading under the ticker symbol “MUDSU” on December 8, 2020. Each unit consists of one share of the Company’s Class A common stock and one half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at...