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Month: December 2020

Progenity Announces Closing of the Convertible Senior Notes Offering and Partial Exercise of the Initial Purchaser’s Option to Purchase Additional Notes

SAN DIEGO, Dec. 08, 2020 (GLOBE NEWSWIRE) — Progenity, Inc. (NASDAQ: PROG), a biotechnology company with an established track record of success in developing and commercializing molecular testing products, today announced the closing of its offering of $85,525,000 aggregate principal amount of 7.25% convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The notes issued today include $10,525,000 principal amount of notes issued pursuant to the partial exercise by the initial purchaser of an option to purchase additional notes.Certain entities affiliated with Athyrium Capital Management, LP (“Athyrium”), an affiliate of Progenity, have acquired $103.5 million in aggregate principal amount of...

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Ansys Announces Leadership Appointments

Nicole Anasenes Steps Down from Ansys Board of Directors to be Named Senior Vice PresidentPITTSBURGH, Dec. 08, 2020 (GLOBE NEWSWIRE) — Ansys (NASDAQ: ANSS), the global leader and innovator of engineering simulation software, today announced two senior leadership appointments. Nicole Anasenes, former chief financial officer and chief operating officer of Squarespace, yesterday stepped down from her role as a member of the Ansys board of directors and its audit committee to join Ansys today as senior vice president (SVP). She will become the company’s chief financial officer and SVP of finance, on March 1, 2021. On that date, Maria Shields, the current chief financial officer, will assume the role of SVP of administration, leading the company’s human resources, information technology, procurement and real estate functions.“As Maria...

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Mammoth Energy Announces Third Validation of Work Performed in Puerto Rico

OKLAHOMA CITY, Dec. 08, 2020 (GLOBE NEWSWIRE) — Mammoth Energy Services, Inc. (“Mammoth” or the “Company”) (NASDAQ:TUSK) today announced that it has received and posted to its website additional information related to its work in Puerto Rico obtained from the Federal Emergency Management Agency (“FEMA”) through a Freedom of Information Act request (“FOIA”). The presentations, reports and additional data add further validation that the work performed by Cobra Acquisitions LLC (“Cobra”) for the Puerto Rico Electric Power Authority (“PREPA”) significantly aided the restoration of power to millions of residents of Puerto Rico under very harsh conditions.Third Validation of Work Performed in Puerto RicoWith the release of additional information through FOIA, we feel that this is the third validation of the high-quality work Cobra performed...

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XPO Logistics Named a Top Diversity Employer

Greenwich, Conn., Dec. 08, 2020 (GLOBE NEWSWIRE) —  XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, has been named a 2020 Top Diversity Employer by DiversityJobs.com, a virtual network that connects employers with job seekers of different races, ethnicities, gender identities, ages, physical abilities and life experiences.Each year, DiversityJobs.com highlights companies that recruit from all diversity groups, enabling the most qualified candidates to rise to the top of their careers. Employers in 22 industries are evaluated on their commitment to a diverse workplace and culture. XPO was named a Top Diversity Employer in Transportation, Logistics and Supply Chain.LaQuenta Jacobs, chief diversity officer of XPO Logistics, said, “XPO employs nearly 100,000 unique individuals...

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Abacus Names New Advisor

VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) — Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce that Dr. Adrian King has joined the Company as an advisor to management and to the Board.Adrian has recently retired as Head of Global Exploration after a 35-year career with Teck Resources Ltd. and its predecessor companies. During that time, Adrian gained global experience in exploration and management including extended periods based in London, Brussels, Santiago, Spokane and Vancouver. His responsibilities at Teck covered projects of all stages from generative through to evaluations, including commercial and resource-reserve definition (greenfield and brownfield).Adrian holds a B.Sc. and Ph.D. from the Royal School of Mines, Imperial College, London, UK. He...

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Public Investment Fund from Saudi Arabia has selected QPR Strategy and Performance Management Software

Helsinki, Finland, December 8th, 2020 at 2.00 pm – QPR Software delivers Strategy and Performance Management software to Public Investment Fund (PIF) from Saudi Arabia. PIF is the sovereign wealth fund of Saudi Arabia and it is among the largest sovereign wealth funds in the world. PIF is building a world-class domestic and international investment portfolio, and is positioned to be transformed into the world’s largest sovereign wealth fund.QPR Metrics, a leading Strategy and Performance Management software product, is used to implement the solution. PIF will have visually attractive and powerful performance dashboards, which enable effective monitoring and management of strategic objectives, KPIs and initiatives throughout the organization. The solution enables proactive management control over performance and strategy execution. Visually...

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Saudi-Arabian valtion sijoitusrahasto valitsi QPR:n suorituskyvyn johtamisen ratkaisun

Helsinki, 8.12.2020, klo 14.00 – QPR Software toimittaa suorituskyvyn johtamisen ratkaisun Saudi-Arabian valtion sijoitusrahastolle (Public Investment Fund, PIF), joka on yksi maailman suurimmista sijoitusrahastoista. PIF rakentaa laajaa kotimaista sekä ulkomaista sijoitusportfoliota tavoitteenaan nousta maailman suurimmaksi riippumattomaksi sijoitusrahastoksi.Ratkaisu toteutetaan QPR Metrics -ohjelmistolla. PIF saa käyttöönsä tehokkaat ja käyttäjäystävälliset johdon mittaristonäkymät, joiden avulla seurata ja mitata koko organisaation avainsuorituskykymittareita, strategisia tavoitteita ja toimenpiteitä. Ratkaisun avulla organisaatio voi ennakoivasti johtaa suorituskykyyn ja strategian toteuttamiseen liittyviä toimia ja viestiä näistä tehokkaasti.“Toteuttamamme ratkaisu on erittäin laaja ja moniulotteinen suorituskyvyn mittaamiskokonaisuus,...

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Cerevel Therapeutics Announces the Appointment of Dr. Ruth McKernan to its Board of Directors

CAMBRIDGE, Mass., Dec. 08, 2020 (GLOBE NEWSWIRE) — Cerevel Therapeutics (Nasdaq: CERE), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, announced today that it has added Ruth McKernan, Ph.D., CBE, FMedSci, to serve as an independent member of its Board of Directors. Dr. McKernan currently serves as a venture partner with SV Health Investors, LLP, a global investment firm and specialist healthcare fund manager, where she supports companies that create new medicines for treating neurodegenerative disorders. With over 25 years of academic, research and commercial experience in the pharmaceutical industry, Dr. McKernan also serves as chairperson of the BioIndustry Association, a trade association for innovative life sciences in the United Kingdom, and as a trustee of Alzheimer’s Research...

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