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Year: 2020

Ocugen Inc. Announces Plan to Adjourn Annual Meeting of Stockholders, Modify Proposal Regarding Increase in Number of Authorized Shares

MALVERN, Pa., Dec. 22, 2020 (GLOBE NEWSWIRE) — Ocugen, Inc. (NASDAQ: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing transformative therapies to cure blindness diseases, today announced that it will convene its 2020 Annual Meeting of Stockholders on December 23, 2020 at 11:00 a.m. Eastern time and, after conducting all other business, intends to adjourn the meeting solely with respect to Item 2 set forth in its Definitive Proxy Statement filed with the Securities and Exchange Commission on October 30, 2020. Item 2 is a proposal to amend the Company’s Sixth Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock. The Company is planning this adjournment to provide its stockholders additional time to vote on Item 2. The Annual Meeting...

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SmartCentres Declares Distribution for December 2020

TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of December 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on January 15, 2021 to unitholders of record on December 31, 2020.This decision of the Board follows the recent announcement that DBRS Limited confirmed the Issuer Rating and Senior Unsecured Debentures rating of SmartCentres at BBB (high) with Stable trends and the announcement that SmartCentres sold $650 million Senior Unsecured Debentures – $350 million, 5 year term at 1.74% interest rate and $300 million, 8 year term at 2.037%, both successfully closing on December 16, 2020. SmartCentres intends to...

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Lennar Corporation Purchases 38 Lots from Harbor Custom Development, Inc.

Gig Harbor, Washington , Dec. 22, 2020 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has closed on the phase 5 sale of 38 residential lots at Soundview Estates in Bremerton, Washington to Lennar Northwest, Inc., a subsidiary of the Lennar Corporation (“Lennar”), for $4,750,000, and has contracted to sell Lennar an additional 50 lots in Phase 6.Harbor has now announced the completion of infrastructure improvements on 190 lots at Soundview Estates, of which 165 were purchased by Lennar for single family home construction. Lennar had previously closed on phases 1, 2, and 3 totaling 127 lots during the last 12 months.Soundview Estates...

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Renu Agrawal Joins Luther Burbank Corporation Board of Directors

SANTA ROSA, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) — Luther Burbank Corporation (the “Company”) (NASDAQ: LBC), the holding company for Luther Burbank Savings (the “Bank”), has announced that Renu Agrawal has been appointed to the Board of Directors of the Company and the Bank. Ms. Agrawal has also been appointed to the Company’s and the Bank’s Audit and Risk Committee of the Board of the Directors.Ms. Agrawal most recently served as Executive Vice President and Chief Operating Officer for Wells Fargo’s Financial Institutions Group. Prior to that, she oversaw Wells Fargo’s International Treasury Management business and played a leadership role in the Wells Fargo-Wachovia merger. Earlier, Ms. Agrawal was Chief Operating Officer at ValleyCrest Companies and Quisic Corporation. She began her career as a scientist at Polaroid and also...

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Nexus REIT Announces December 2020 Distribution

TORONTO and MONTREAL, Dec. 22, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today the declaration of the December 2020 distribution.The REIT will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 per unit on an annualized basis, payable January 15, 2021 to unitholders of record as of December 31, 2020.The REIT’s current distribution per unit continues to be $0.01333 per month. The REIT’s distribution reinvestment plan (“DRIP”) entitles eligible unitholders to elect to receive all, or a portion of the cash distributions of the REIT reinvested in units of the REIT. Eligible unitholders who so elect will receive a bonus distribution of units equal to 4% of each distribution that was reinvested by them under the DRIP.Insider participation in the DRIP is...

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FPI Nexus annonce la distribution du mois de décembre 2020

MONTRÉAL et TORONTO, 22 déc. 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui la déclaration de la distribution de décembre 2020.Le FPI versera une distribution en espèces de 0,01333 $ par part, représentant 0,16 $ par part sur une base annualisée, payable le 15 janvier 2021 aux détenteurs de parts inscrits au 31 décembre 2020.La distribution mensuelle courante du FPI demeure à 0,01333 $ par part. Le plan de réinvestissement de distribution (mieux connu sous l’acronyme anglais « DRIP ») du FPI permet aux détenteurs de parts éligibles de choisir de faire réinvestir la totalité ou une partie des distributions en espèces du FPI dans des parts supplémentaires du FPI. Les détenteurs de parts éligibles qui choisissent cette option recevront ainsi une...

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Secoo Holding Limited to Report Third Quarter 2020 Financial Results on Monday, December 28, 2020

-Earnings Call Scheduled for 8:00 a.m. ET on December 28, 2020-BEIJING, Dec. 22, 2020 (GLOBE NEWSWIRE) — Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ: SECO), Asia’s leading online integrated upscale products and services platform, today announced that it will report its third quarter 2020 unaudited financial results, on Monday, December 28, 2020, before the open of U.S. markets.The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on December 28, 2020 (9:00 PM Beijing/Hong Kong time on December 28, 2020). Details for the conference call are as follows:For participants who wish to join the call, please complete the online registration at least 15 minutes prior to the scheduled call start time. Upon registration, participants will receive the conference call access information,...

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Fortress Transportation and Infrastructure Investors LLC Announces Early Results of Tender Offer for 6.75% Senior Notes Due 2022

NEW YORK, Dec. 22, 2020 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company” or “FTAI”) announced today the early tender results of its previously announced cash tender offer to purchase up to $300 million aggregate principal amount (the “Maximum Tender Amount”) of its 6.75% senior notes due 2022 (the “Notes”), upon the terms and conditions included in the Offer to Purchase, dated December 9, 2020 (the “Offer to Purchase”).As of 5:00 p.m., New York City time, on December 22, 2020 (the “Early Tender Deadline”), the aggregate principal amount of Notes that have been validly tendered and not validly withdrawn was $613,401,000, representing 87.63% of the $700,000,000 aggregate outstanding principal amount of the Notes.   The Early Tender Deadline has passed. Accordingly, any validly...

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Sorrento Announces It Has Submitted An Emergency Use Authorization (EUA) Application to the FDA for COVI-STIX™ Rapid Test for the Detection of SARS-CoV-2 Viral Antigen

SAN DIEGO, Dec. 22, 2020 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today announced that an Emergency Use Authorization (EUA) Application has been submitted to the US Food and Drug Administration for its COVI-STIX rapid diagnostic test for the detection of the SARS-CoV-2 virus nucleocapsid antigen in nasal samples of patients.In testing conducted to date, COVI-STIX has provided results within 15 minutes, with positive detection as quickly as two minutes for patient samples with high viral load.About Sorrento Therapeutics, Inc. Sorrento is a clinical stage, antibody-centric, biopharmaceutical company developing new therapies to treat cancers. Sorrento’s multimodal, multipronged approach to fighting cancer is made possible by its extensive immuno-oncology platforms, including key assets...

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Titanium Corporation Announces Signing of Project Coordination Agreement for the 2020 Engineering Phase of the CVW™ Horizon Project

CALGARY, Alberta, Dec. 22, 2020 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (the “Company” or “Titanium”) (TSX-V: TIC) is pleased to announce that the Company and Canadian Natural Resources Limited (“Canadian Natural”) have signed a 2020 Project Coordination Agreement (“PCA”) which governs the 2020 engineering phase of the CVW™ Horizon Project (the “2020 Program”).The PCA, effective January 1, 2020, sets out the rights and responsibilities under which the parties have been operating during the year with respect to the 2020 Program. Under the PCA, the 2020 Program includes validation of the previously completed front end engineering design study, optimization of the overall plant design and the updating of the capital cost estimate for the concentrator plant, tailings thickener and associated utilities.The...

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