Year: 2020

BOSTON, Nov. 20, 2020 (GLOBE NEWSWIRE) — AGF Investments LLC announced today the closure and liquidation of AGFiQ U.S. Market Neutral Value Fund (CHEP) on or about December 30, 2020.The decision to close and liquidate was driven by the firm’s continued effort to simplify and streamline their offerings; as well as the small number of investors, relatively low assets and the costs associated with maintaining the ETF.Before investing you should carefully consider each Fund’s investment objectives, risks, charges and expenses. This and other information is in the Fund’s prospectus which can be obtained by visiting www.AGF.com. Please read the prospectus carefully before you invest.Risks: There is no guarantee that the Funds will achieve their objective. An investment in the Funds is subject to risk including the possible loss...

MEMPHIS, Tenn., Nov. 20, 2020 (GLOBE NEWSWIRE) — First Horizon National Corp. (NYSE: FHN or “First Horizon”), the parent company of First Horizon Bank, today announced that it would simplify its corporate name to First Horizon Corporation, effective on Monday November 30, 2020.“With the IBERIABANK merger of equals completed, we now have more closely aligned our holding company name with our First Horizon brand,” said President and Chief Executive Officer Bryan Jordan.Holders of First Horizon securities need take no action. Outstanding stock and other securities of First Horizon will not be affected. After the name change, First Horizon’s common stock will continue to trade on the New York Stock Exchange under the symbol FHN, and depositary shares related to outstanding preferred stock will continue to trade under the...

COS COB, Conn., Nov. 20, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN), one of the largest operators of streaming advertising-supported video-on-demand (“AVOD”) networks, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for December 2020. The dividend will be payable on December 15, 2020 to holders of record as of November 30, 2020. The dividend will be paid in cash.ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENTChicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) (the “Company”) operates streaming video-on-demand networks (VOD). The Company owns a majority stake in Crackle Plus, a company formed with Sony Pictures Television, which owns and operates...

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announces that it has entered into forbearance agreements with Seadrill Limited (“Seadrill”) in respect of the leasing arrangements on its three drilling rigs and the corresponding financing agreements. Unless extended or terminated, these forbearance agreements will last until December 14, 2020 (the “forbearance period”).In addition, Seadrill has also announced that it has agreed to renew its forbearance agreements with certain other creditors in respect of its senior secured credit facility agreements, senior secured notes, and its guarantee facility agreement, in order to allow more time to negotiate a comprehensive restructuring of its balance sheet. Seadrill has advised that such a restructuring may involve the use of a court-supervised insolvency process.While the discussions...

LOS ANGELES, Nov. 20, 2020 (GLOBE NEWSWIRE) — Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the third quarter ended September 30, 2020.Key Financial Highlights:Operating Results for the Three Months Ended September 30, 2020Net sales for the three months ended September 30, 2020 were $3.3 million, as compared to $7.7 million in the same period of 2019.Cost of sales for the three months ended September 30, 2020 were $9.9 million, as compared to $6.1 million in the same period of 2019. Cost of sales includes a write down of $7.77 million of our slow-moving inventory, primarily Jade mats in Malaysia, to the lower of cost and net realizable value in the third quarter of 2020.Loss from operations for the three months ended September 30, 2020 was $8.2 million, as compared...

MIAMI, Nov. 20, 2020 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (the “Company”) announced today that it has closed its underwritten public offering of 40,000,000 ordinary shares of the Company (the “Offering”) at a price to the public of $20.80 per share. The Company expects to use the net proceeds from the Offering for general corporate purposes.Barclays and J.P. Morgan acted as the underwriters for the Offering.The Offering was made under an automatic shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 17, 2020. The Offering was made only by means of a prospectus supplement and an accompanying base prospectus. A prospectus supplement and accompanying base prospectus relating to the Offering have been filed with the SEC and are available on the SEC’s...

New York, NY, Nov. 20, 2020 (GLOBE NEWSWIRE) — Recharge Acquisition Corp. (Nasdaq: RCHGU) (the “Company”) announced today that, commencing on or about November 23, 2020, holders of the 20,040,000 units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock and warrants included in the units. Class A common stock and warrants that are separated will trade on The Nasdaq Capital Market under the symbols “RCHG” and “RCHGW”, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on The Nasdaq Capital Market under the symbol “RCHGU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent,...

AUSTIN, Texas, Nov. 20, 2020 (GLOBE NEWSWIRE) — BigCommerce Holdings, Inc. (“BigCommerce” or the “Company”) (Nasdaq: BIGC) today announced the exercise in full of the underwriters’ option to purchase an additional 750,000 shares of the Company’s Series 1 common stock from certain selling stockholders at a price to the public of $68.00 per share in connection with the previously announced follow-on public offering of its Series 1 common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the “SEC”). The Company will not receive any proceeds from the sale of the additional 750,000 shares of Series 1 common stock by selling stockholders. The initial closing of the offering occurred on November 17, 2020.J.P. Morgan and Barclays served as lead book-running managers for the proposed...

NEW YORK, Nov. 20, 2020 (GLOBE NEWSWIRE) — Prospect Capital Corporation (Nasdaq: PSEC) (the “Company”) announced today that its annual meeting of stockholders, scheduled for Wednesday, December 2, 2020, at 3:30 p.m. EST (with any postponements or adjournments, the “Annual Meeting”), will be held by Internet webcast in order to mitigate potential risks to the health and safety of the Company’s stockholders, directors, service providers, personnel and other stakeholders arising from the public health impact of the coronavirus outbreak.If you are a stockholder as of the record date you may participate in the Annual Meeting via live audio webcast by visiting the following website and following the registration and participation instructions contained therein: www.virtualshareholdermeeting.com/PSEC2020. If you hold your shares directly,...