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Year: 2020

BKD Capital Advisors Advises Rockwood Bancshares, Inc. on Merger

Springfield, MO, Nov. 24, 2020 (GLOBE NEWSWIRE) — BKD Capital Advisors (BKDCA) is pleased to announce that First Illinois Bancorp, Inc. (First Illinois), the holding company of Lindell Bank & Trust Company (Lindell Bank), and Rockwood Bancshares, Inc. (Rockwood), the holding company of Rockwood Bank, have completed a merger in which Rockwood has become a wholly owned subsidiary of First Illinois. BKDCA served as the exclusive financial advisor to Rockwood in this transaction.With the merger complete, Rockwood Bank is expected to consolidate into Lindell Bank and begin operation under the Lindell Bank name in the second quarter of 2021.Lindell Bank and Rockwood Bank share a proud heritage of serving local communities. Lindell Bank serves its customers through 12 banking facilities across Missouri and Illinois. Rockwood serves...

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Freddie Mac Issues Monthly Volume Summary for October 2020

MCLEAN, Va., Nov. 24, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for October 2020, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.comINVESTOR...

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21Vianet Group, Inc. Reports Unaudited Third Quarter 2020 Financial Results

BEIJING, Nov. 24, 2020 (GLOBE NEWSWIRE) — 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2020. The Company will hold a conference call at 8:00 P.M. on Tuesday, November 24, 2020, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release.Third quarter 2020 Financial HighlightsNet revenues increased by 27.0% to RMB1.25 billion (US$183.5 million) from RMB981.0 million in the same period of 2019.Adjusted cash gross profit (non-GAAP) increased by 32.6% to RMB526.2 million (US$77.5 million) from RMB396.7 million in the same period of 2019. Adjusted cash gross margin (non-GAAP)...

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Grace to Participate in Citi’s Basic Materials Virtual Conference

COLUMBIA, Md., Nov. 24, 2020 (GLOBE NEWSWIRE) — W. R. Grace & Co. (NYSE:GRA) today announced that Hudson La Force, President and Chief Executive Officer, Bill Dockman, Senior Vice President and Chief Financial Officer, and Jeremy Rohen, Vice President, Investor Relations and Corporate Development, will participate in Citi’s Basic Materials Virtual Conference on Tuesday, Dec. 1, 2020. The company will participate in small group discussions and one-on-one meetings as part of the virtual conference.The investor presentation related to this conference can be accessed at investor.grace.com on the day of the conference.About GraceBuilt on talent, technology, and trust, Grace is a leading global specialty chemical company. The company’s two industry-leading business segments—Catalysts Technologies and Materials Technologies—provide...

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BlueCity Announces Acquisition of Finka

BEIJING, Nov. 25, 2020 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world’s leading online LGBTQ platform, today announced that it has entered into a definitive agreement with iRainbow Hong Kong Limited (“Finka”) and all of its subsidiaries and other entities under the control of Finka, pursuant to which BlueCity agreed to acquire 100% equity interests in Finka for an aggregate consideration of RMB240 million in cash. The transaction is subject to customary closing conditions, and the closing is currently expected to occur before mid-December.Finka is a leading gay social networking app in China targeting younger generations. It helps young users establish social contact and record and share their daily life through rich product features like matching, private message, posting moments...

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Ebang International Holdings Inc. Announces Closing of Follow-on Offering

HANGZHOU, China, Nov. 24, 2020 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a leading Bitcoin mining machine producer in the global market in terms of computing power sold in 2019*, announced the initial closing of its previously announced best-efforts follow-on offering for the sale of 4 million units of the 8 million units offered for sale by the Company, at a purchase price of $5.25 per unit, for aggregate gross proceeds of approximately $21.0 million. Each unit consists of one Class A ordinary share and one warrant to purchase one-half of one Class A ordinary share of the Company. Each two warrants have an exercise price per share of $5.50. The units were sold pursuant to our registration statement which was declared effective by the U.S. Securities and Exchange Commission...

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FreightCar America, Inc. Announces Receipt of Stockholder Approval for Issuance of Warrant and Funding of New Term Loan

CHICAGO, Nov. 24, 2020 (GLOBE NEWSWIRE) — FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”) today announced that, at its Special Meeting of Stockholders (the “Special Meeting”), FreightCar America stockholders approved the issuance of a warrant under its previously announced new secured term loan facility with financing partner CO Finance LVS VI LLC (the “Lender”), as well as the funding of the term loan under the facility.“I want to express our gratitude to the stockholders of FreightCar America for voting today to approve the new term loan financing, effectively securing the future of our company and putting FreightCar America in a position to succeed and thrive going forward,” said Jim Meyer, Chief Executive Officer of FreightCar America. “The new financing arrangement, in partnership with our lender,...

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HP Inc. Reports Fiscal 2020 Full Year and Fourth Quarter Results

PALO ALTO, Calif., Nov. 24, 2020 (GLOBE NEWSWIRE) — HP (NYSE: HPQ)Fiscal 2020 GAAP diluted net earnings per share (“EPS”) of $2.00, above the previously provided outlook of $1.83 to $1.87 per shareFiscal 2020 non-GAAP diluted net EPS of $2.28, above the previously provided outlook of $2.16 to $2.20 per shareFiscal 2020 net revenue of $56.6 billion, down 3.6% from the prior-year periodFiscal 2020 net cash provided by operating activities of $4.3 billion, free cash flow of $3.9 billionFiscal 2020 returned $4.1 billion to shareholders in the form of share repurchases and dividendsFourth quarter GAAP diluted net EPS of $0.49, above the previously provided outlook of $0.32 to $0.36 per shareFourth quarter non-GAAP diluted net EPS of $0.62, above the previously provided outlook of $0.50 to $0.54 per shareFourth quarter net...

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ShotSpotter Finalizes Acquisition of Leeds, Maker of CrimeCenter™ Investigative Software

NEWARK, Calif., Nov. 24, 2020 (GLOBE NEWSWIRE) — ShotSpotter, Inc. (Nasdaq: SSTI), a leader in precision policing solutions that help law enforcement deter, respond to, and investigate crime, today announced it has completed its acquisition of Leeds, LLC, doing business as CrimeCenter Software. The execution of a definitive purchase agreement was announced on Nov. 9, 2020. The acquisition will expand ShotSpotter’s suite of law enforcement solutions with the CrimeCenter line of investigative case management software, which ShotSpotter estimates will increase the company’s U.S. law enforcement total addressable market by over 45 percent.CrimeCenter Software is a leading provider of cloud-based investigative case management software for law enforcement agencies. The case management platform helps agencies modernize every phase of an...

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TOMI™ Environmental Solutions Retains IMS Investor Relations

FREDERICK, Md., Nov. 24, 2020 (GLOBE NEWSWIRE) — TOMI™ Environmental Solutions, Inc. (“TOMI”) (NASDAQ: TOMZ) is a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products – a hydrogen peroxide-based mist and fog comprised of ionized Hydrogen Peroxide (iHP) – today announced the retention of IMS Investor Relations to develop and execute a comprehensive investor relations and financial communications program.Halden S. Shane, Chief Executive Officer, stated, “Over the past year we have seen a dramatic acceleration in the adoption of our technology and we are making considerable strides building the business for sustainable growth. With our recent uplisting to NASDAQ, we thought the time was right to establish an enhanced...

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