Day: January 25, 2021

SOUTH SAN FRANCISCO, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) — CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced the closing of its previously announced public offering of 1,923,077 shares of its common stock at a public offering price of $91.00 per share. In addition, CareDx has granted the underwriters a 30-day option to purchase up to 288,461 additional shares of its common stock. The net proceeds to CareDx from the offering are expected to be approximately $164.0 million, after deducting underwriting discounts and commissions and estimated offering expenses.CareDx intends to use the net proceeds from this offering for working capital and...

HOUSTON, Jan. 25, 2021 (GLOBE NEWSWIRE) — KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) announced today the tax characterization of 2020 distributions to stockholders.Additional information regarding the tax characterization of KYN’s and KMF’s 2020 distributions is available at www.kaynefunds.com.This press release is provided for general informational purposes only. It does not constitute, and should not be construed as, tax, legal, investment, or other professional advice and cannot be used or relied upon for the purpose of avoiding tax penalties. Investors should consult their tax adviser or legal counsel for advice and information concerning their particular situation.Kayne...

CHICAGO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ: CENX) supports and applauds today’s Executive Order signed into law by President Biden to support domestic manufacturers, businesses, and American workers. This Executive Order is an essential part of our economic recovery as we work to rebuild our critical manufacturing base and domestic supply chains, while ensuring that our future is made in America by all of America’s workers.“Manufacturing is the backbone of our great nation. We applaud President Biden for his leadership on this critically important issue that will empower domestic manufacturing while creating more good paying jobs for American workers,” said Michael Bless, CEO of Century Aluminum. “Today’s executive action by the Biden Administration will strengthen our national security and critical...

NEW YORK, Jan. 25, 2021 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company”) today announced that Joe Adams, FTAI Chief Executive Officer, will present at the Stifel 2021 Virtual Transportation & Logistics Conference at 11:20AM (ET) on Wednesday, February 10, 2021.Interested investors may access the Company’s presentation materials posted in the Investor Relations section of the Company’s website, www.ftandi.com.About Fortress Transportation and Infrastructure Investors LLCFortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth...

NEW YORK, Jan. 25, 2021 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the third quarter of the fiscal year ending March 31, 2021 after the market closes on Tuesday, February 9, 2021.Webcast and Earnings Conference CallManagement will host a webcast and conference call on Tuesday, February 9, 2021 at 5:00 pm ET to discuss the Company’s results for the third quarter of the fiscal year ending March 31, 2021. The conference call will also be made available in the Shareholders section of the Company’s website at  https://shareholders.stepstonegroup.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register.The conference call can be accessed by dialing 1-877-407-0784 (United States) or 1-201-689-8560...

ATLANTA, Jan. 25, 2021 (GLOBE NEWSWIRE) — Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK), announced today that the Company reported preliminary earnings of $1.13 million or $0.14/share for the fourth quarter ended December 31, 2020. Excluding non-core items, primarily deal related costs and severance, core earnings were $1.50 million, or $0.19/share.In addition, the Company is announcing an increase in the quarterly dividend to $0.06/share. The dividend will be payable on February 18, 2021, to all shareholders of record on February 4, 2021.“We would like to welcome the customers and team members from our branch purchase to the SouthCrest Bank family,” Schmitt said. “We are excited to partner with you and support your financial needs going forward. I’d also like to personally highlight the...

SAN JOSE, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) — Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its preliminary NAV, as of December 31, 2020, was $14.82. The Fund further announced that its top five holdings as of December 31, 2020, were IntraOp Medical, Wrightspeed, Pivotal Systems, Revasum, and SVXR.The Fund’s preliminary net assets as of December 31, 2020, include cash and cash equivalents of approximately $0.34 per share. Preliminary total investments as of December 31, 2020 were $99.7 million, or approximately $14.46 per share. As of December 31, 2020, the Fund’s top five holdings constituted 88.7% of the Fund’s preliminary net assets, and 88.7% of our preliminary total investments. The Fund’s...

FREMONT, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) — Corsair Gaming, Inc. (NASDAQ:CRSR) (“Corsair”), a leading global provider and innovator of high-performance gear for gamers and content creators, today announced the date for the release of its fourth quarter and full-year 2020 earnings and its presentation at an upcoming investor conference.Fourth Quarter and Full-Year 2020 EarningsCorsair will release fourth quarter and full-year 2020 earnings before the market opens on February 9, 2021. A conference call to discuss its results will follow at 5:30 a.m. Pacific Time that same day.Those wishing to participate via the webcast should access the call through Corsair’s Investor Relations website at https://ir.corsair.com. Those wishing to participate via telephone may dial in at 1-877-407-0784 (USA) or 1-201-689-8560 (International)....