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Day: January 15, 2021

goeasy Ltd. Provides Update on Sale of Equity Interest in PayBright

MISSISSAUGA, Ontario, Jan. 15, 2021 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, has provided an update to the previously announced sale of its minority equity interest in PayBright Inc. (“PayBright”) in connection with the sale of PayBright to Affirm Holdings Inc. (“Affirm”).Under the terms of the transaction, which closed on January 1, 2021, goeasy received i) total cash of C$23.0 million, excluding one-time expenses and closing adjustments, ii) 655,416 common shares of Affirm, and iii) 468,154 common shares of Affirm held in escrow and subject to forfeiture if certain PayBright revenue milestones are not met.Subsequent to the closing of the sale transaction, Affirm completed an initial public offering and its shares now trade...

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Versus Systems Inc. Announces Pricing of its Public Offering

LOS ANGELES, Jan. 15, 2021 (GLOBE NEWSWIRE) — Versus Systems Inc. (“Versus” or the “Company”) (CSE:VS) (OTCQB:VRSSF) (FRANKFURT:BMVA) today announced the pricing of its public offering of 1,280,000 units at a public offering price of USD $7.50 per unit, for gross proceeds of USD $9,600,000, before deducting underwriting discounts and commissions and other offering expenses payable by Versus. Each unit consists of one common share, one Unit A Warrant and one Unit B Warrant, each to purchase one common share at USD $7.50 per share. All of the units are being offered by Versus. In addition, Versus has granted the underwriter a 30-day option to purchase up to an additional 192,000 common shares at the public offering price, less underwriting discounts and commissions.   The common shares and Unit A Warrants are expected to begin trading...

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Afya Limited Announces that Whitebook was ranked as one of the 10 Top Apps in Brazil by Consumer Spend in 2020

NOVA LIMA, Brazil and MINAS GERAIS, Brazil, Jan. 15, 2021 (GLOBE NEWSWIRE) — Afya Limited, or Afya (Nasdaq: AFYA), today announces that its clinical decision software, WhiteBook, an app created by PEBMED, was ranked as one of the 10 Top Apps in Brazil by consumer spend in 2020 for the fifth year in a row.App Annie conducted the study, a website specialized in app analytics and app market data that combined data from iOS and Google Play that evaluates more than 8 million mobile app per year. In the top ten WhiteBook was among great apps such as Tinder, YouTube, Netflix, TikTok and others.Whitebook is a mobile and web application software that helps doctors and medical students to make faster and more accurate clinical decisions on a daily practice. It provides medical calculators, images and updated content, including prescriptions,...

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Newtek Business Services Corp.’s CEO, Barry Sloane, Comments on the Company’s $100 Million Public Offering of 5.50% Notes Due 2026

BOCA RATON, Fla., Jan. 15, 2021 (GLOBE NEWSWIRE) — Newtek Business Services Corp. (NASDAQ: NEWT), an internally managed business development company (“BDC”), provides Newtek CEO’s, Barry Sloane, comments on the Company’s pricing of its $100 million public offering of 5.50% Notes due 2026 (the “Notes”).  Newtek expects to list the Notes on the Nasdaq Global Market under the trading symbol “NEWTZ.”Barry Sloane, President, Chairman and CEO, of Newtek commented, “We are pleased to announce the pricing of our $100 million bond transaction at 5.50%, which, for us, is record in size for a publicly traded baby bond issuance as well as a record-low coupon. This issuance was rated BBB+ by Egan Jones, and garnered strong institutional demand. We anticipate using the net proceeds from the sale of the Notes to fund investments in debt and equity...

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OrthoPediatrics Corp. Expands its Agent Network in Three Strategic European Countries

WARSAW, Ind., Jan. 15, 2021 (GLOBE NEWSWIRE) — OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, today announced the expansion of its agent network in Germany, Austria and Switzerland.As part of its previously communicated strategy, OrthoPediatrics has broadened its reach into the largest European market of Germany, Austria and Switzerland by converting long-standing distributor partners there to sales agencies. Under the agency model, the Company continues to benefit from the commercial relationships established by stocking distributors while it directly consigns instrument and implant sets to hospitals. This relieves the former distributors from significant capital investment requirements and removes a significant bottleneck...

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Newtek Business Services Corp. Prices a Public Offering of 5.50% Notes Due 2026

BOCA RATON, Fla., Jan. 15, 2021 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced the pricing of its public offering of $100 million in aggregate principal amount of 5.50% Notes Due 2026 (the “Notes”). The Notes will mature on February 1, 2026 and may be redeemed in whole or in part at any time or from time to time at Newtek’s option on or after February 1, 2022, upon not less than 30 days nor more than 60 days written notice by mail prior to the date fixed for redemption thereof, at a redemption price equal to the following amounts, plus accrued and unpaid interest to, but excluding, the redemption date: (1) 100% of the principal amount of the Notes to be redeemed plus (2) the sum of the present value of the scheduled payments of interest...

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Chicken Soup for the Soul Entertainment Announces $22.5 Million Private Placement

COS COB, Conn., Jan. 15, 2021 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced it has entered into definitive agreements with institutional and accredited investors for the private placement of $22.5 million of Chicken Soup for the Soul Entertainment’s common stock (the “Private Placement”).Pursuant to the terms of the Private Placement, Chicken Soup for the Soul Entertainment has agreed to sell an aggregate total of 1,022,727 shares of common stock (the “Common Shares”) at a price of $22.00 per Common Share.Chicken Soup for the Soul Entertainment has also agreed to file a registration statement with the SEC to register the resale of the Common Shares.Chicken Soup for the Soul Entertainment...

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ElectraMeccanica Increases Retail Footprint into Three New Cities and Expands “Drive SOLO” Marketing and Ad Campaign

Expands Retail Presence for the Single-Occupant SOLO EV by Three New Locations in Q1, Bringing the Total Retail Locations to 13 Across Three Western States (AZ, CA, & OR)“SOLO Drive Tour” Invitation-Only Test Drive Events to Hit Five CitiesCompany Extends robust Out of Home (OOH) Marketing Campaign and Ad Presence Aimed at Educating Consumers About a New Way to Drive ElectricVANCOUVER, British Columbia, Jan. 15, 2021 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles including its flagship SOLO EV, is expanding its retail network to three new West Coast locations. Slated to open in March, the new direct-to-consumer retail locations will be located at The Village at Corte Madera, CA, Los Cerritos Center...

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Pyxis Tankers to Present at NobleCon 17 Investor Conference

MAROUSSI, GREECE – January 15, 2020 – Pyxis Tankers Inc. (NASDAQ: PXS), (the “Company” or “Pyxis Tankers”), a growth – orientated pure play product tanker company, today announced that its CEO, Mr. Eddie Valentis will present on Wednesday, January 20th at Noble Capital Markets’ Seventeen Annual Investor Virtual Conference at 1:30 pm EST. The conference is virtual and there is no cost, obligation nor restriction to investors to attend: www.noblecon17.comWebcast: https://noble.mediasite.com/Mediasite/Play/b2ce0a0d3d1749819954504100ebc7d31dAbout Pyxis Tankers Inc.We own a modern fleet of five tankers engaged in seaborne transportation of refined petroleum products and other bulk liquids. We are focused on growing our fleet of medium range product tankers, which provide operational flexibility and enhanced...

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