Month: December 2020

RICHMOND, Va., Dec. 10, 2020 (GLOBE NEWSWIRE) — Kinsale Capital Group, Inc. (Nasdaq: KNSL) today announced the appointment of two new members to its Board of Directors, effective January 1, 2021. Joining the board are Teresa P. Chia and Robert (Trey) V. Hatcher, III. These appointments increase Kinsale’s total board membership from seven to nine.“We are delighted to welcome Teresa and Trey to Kinsale’s board, and together they bring extensive leadership and industry expertise,” said Robert Lippincott III, Chairman of the Board of Directors at Kinsale. “The diverse backgrounds of Teresa and Trey complement our existing board of directors’ skills and experience, and we are confident they will provide valuable perspectives. We look forward to their contributions as we continue to execute our strategy, drive profitability...

PHOENIX, Dec. 10, 2020 (GLOBE NEWSWIRE) — Mobivity Holdings Corp. (OTCQB: MFON) a global provider of personalized customer engagement solutions that drive customer frequency and spend, announced that Tom Mullins has joined Mobivity as Vice President of Enterprise Sales to focus on expanding Mobivity’s medium and large enterprise customer base.Mullins brings more than a decade of experience selling large annual recurring subscription contracts for software-as-a-service (SaaS) businesses to brands in the retail, restaurant, and convenience store space. Tom began his career at Apple Inc. and has served as Vice President of Enterprise Sales at Punchh where he sold private-label mobile apps and an industry-leading mobile CRM platform. Following Punchh, Mullins worked with SevenRooms selling a fully-integrated reservation, seating and...

HARTSVILLE, S.C., Dec. 10, 2020 (GLOBE NEWSWIRE) — Sonoco (NYSE: SON), one of the largest global diversified packaging companies, today announced it is increasing prices for all rigid paper containers and closures sold in North America by 5 percent, effective with shipments on, and after, January 15, 2021.According to Ernest Haynes, Division Vice President and General Manager, Rigid Paper and Closures, North America, this price increase is necessary to recover rapidly rising costs for raw materials used to produce rigid paper containers.“Due to the rising cost of both steel and recovered paper, we are experiencing input cost pressures that simply cannot be absorbed,” Haynes said. “Our operational cost increases have been compounded by the on-going COVID-19 pandemic as it impacts labor, the build-up of inventory and associated carrying...

GUILFORD, Conn., Dec. 10, 2020 (GLOBE NEWSWIRE) — BIOASIS TECHNOLOGIES INC–Bioasis Technologies Inc. (TSX.V:BTI; OTCQB:BIOAF) (the “Company” or “Bioasis”), a pre-clinical, research-stage biopharmaceutical company developing its proprietary xB3™ platform technology for the delivery of therapeutics across the blood-brain barrier (“BBB”) and the treatment of central nervous system (“CNS”) disorders in areas of high unmet medical need, including brain cancers and neurodegenerative diseases, is pleased to announce that all resolutions were passed by requisite majority at its annual general meeting (“AGM”) held earlier today in New Haven, Conn., United States.The four incumbent directors, Dr. Deborah A. Rathjen, John E. Curran, David M. Wurzer and Dr. Mario Saltarelli were re-elected by shareholders. Mr. John Hemeon was also elected to...

WALTHAM, Mass., Dec. 10, 2020 (GLOBE NEWSWIRE) — SeaChange International Inc. (NASDAQ: SEAC), a leading provider of video delivery platforms, today reported financial and operational results for the fiscal third quarter ended October 31, 2020. The Company also reported strong demand from content owners for the Company’s new ‘Video Apps’ platform, which enables content owners to quickly and seamlessly launch direct-to-consumer (DTC) TV and video applications directly through Smart TVs and connected platforms.SeaChange’s New Video Apps Platform Addresses Burgeoning Demand from Content Owners to Deliver High-Quality TV and Video Content Directly to ConsumersSeaChange’s Video Apps platform addresses the TV and video market’s accelerated shift in spending in response to COVID-19 changes in consumer behavior. The global pandemic forced...

DALLAS, Dec. 10, 2020 (GLOBE NEWSWIRE) —  Dave & Buster’s Entertainment, Inc., (NASDAQ:PLAY), (“Dave & Buster’s” or “the Company”), an owner and operator of entertainment and dining venues, today announced financial results for its third quarter 2020, which ended November 1, 2020.The Company’s third quarter 2020 financial results continued to be severely impacted by the effects of the COVID-19 pandemic when compared against results of the third quarter of 2019. The Company began the third quarter with 84 open stores, or approximately 60 percent of its total store base. As of November 1, the Company had 104 open stores, or approximately 75 percent of its total store base. All stores open during the quarter operated under reduced hours and capacity limitations as dictated by each jurisdiction.Key...

GRAND RAPIDS, Mich., Dec. 10, 2020 (GLOBE NEWSWIRE) — UFP Industries (Nasdaq: UFPI) today announced that its board of directors approved an agreement for UFP Industrial, LLC, to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million. This price assumes a cash-free, debt-free balance sheet. UFP also agreed to pay $18 million for PalletOne’s recent capital expenditures. The transaction is subject to a net working capital adjustment and is expected to close on December 28, 2020, pending customary closing conditions and regulatory approval. The purchase price will be funded using the company’s cash reserves, which currently total more than $400 million.Based in Bartow, Florida, PalletOne is a leading manufacturer of new pallets in the U.S., with 17 pallet manufacturing facilities in the southern and eastern...

BANNOCKBURN, Ill., Dec. 10, 2020 (GLOBE NEWSWIRE) — Option Care Health, Inc. (“Option Care Health” or the “Company”) (NASDAQ: OPCH) announced today that an affiliate of Madison Dearborn Partners (the “Selling Stockholder”) has agreed to sell 10,000,000 shares of the Company’s common stock in an underwritten public offering. The Selling Stockholder has also granted the underwriter a 30-day option to purchase up to 1,500,000 additional shares of common stock. The Company will not receive any proceeds from the offering.Assuming exercise of the underwriter’s option to purchase additional shares, this sale of shares represents approximately 6.2% of the current shares outstanding. Upon completion of this offering, the Selling Stockholder’s interest in the Company will be reduced to 64.5% of the outstanding shares, from the current 70.6%.Goldman...

BOISE, Idaho, Dec. 10, 2020 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal first quarter earnings conference call on Thursday, Jan. 7, 2021, at 2:30 p.m. Mountain time. A live webcast of the call will air on Micron’s Investor Relations website at http://investors.micron.com/.Micron also confirmed today that Executive Vice President and Chief Business Officer Sumit Sadana will participate in a fireside chat at the J.P. Morgan CES 2021 Investor Virtual Forum. The event will be webcast live on Tuesday, Jan. 12, at 9:25 a.m. Mountain time, also on Micron’s Investor Relations website.Webcast replays of presentations can be accessed from Micron’s Investor Relations website at investors.micron.com for approximately one year after the call.About Micron Technology, Inc.  We are an industry...

ENGLEWOOD, Colo., Dec. 10, 2020 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), announced today that Dr. Patrick Gruber, Chief Executive Officer, will participate in Water Tower Research Fireside Chat Series to discuss Storing Renewable Energy Through the Creation of Liquid Hydrocarbons on Tuesday, December 15, 2020 at 3:00 pm EST.Investors and other persons interested in participating in the event must register using the link below. Please note that registration for the live event is limited but may be accessed at any time for replay after the presentation ends on December 15, 2020, utilizing the same registration link.Registration Link: https://globalmeet.webcasts.com/starthere.jsp?ei=1412691&tp_key=5b7e03f74eAbout GevoGevo is commercializing the next generation of gasoline, jet fuel and diesel fuel with the potential to achieve...