Month: January 2021

Vista Global Companies Record Strong Growth in Membership and Market Share Across All Key Markets in 2020

Written by Customer Service on January 22, 2021. Posted in Earnings Releases And Operating Results.

VISTA GLOBAL COMPANIES RECORD STRONG GROWTH IN MEMBERSHIPAND MARKET SHARE ACROSS ALL KEY MARKETS IN 2020Flexible and adaptable business model, and global service offerings critical to robust 2020 performance and driving confidence into the start of 2021 29% increase in new VistaJet Program subscription memberships — the fastest rate since the Company’s foundation — with its Members increasingly requiring guaranteed access to flights 24/7 with its global platform.A record-breaking year for VistaJet’s On Demand services with an acceleration in bookings of 15%.Surge in new XO Members — membership up 240% in 2020.Leading the industry’s digital transformation.The Group’s business model showcases...

SeaBird Exploration Plc: Sale of shares in Green Minerals AS

Written by Customer Service on January 22, 2021. Posted in Public Companies.

22 January 2021, Limassol, CyprusSeaBird Exploration Plc (“The Company”) announces today that it has agreed to sell a total of 100,500 shares in Green Minerals AS to several buyers at a price of NOK 20 per share. Following the sale of shares SeaBird Exploration Plc owns 76.8% of the shares in Green Minerals AS.The Company has decided to meet the interest from these buyers in the market place, but do not intend to sell any further shares in Green Minerals AS before the planned listing in Q1 this year. The Company anticipates that the application to Euronext Growth Oslo will be filed shortly and that the earlier communicated time schedule for a listing in Q1 2021 will be met. The cut-off date for the announced distribution of shares in Green Minerals AS to SeaBird`s shareholders will be announced as soon as the Company receives the approval...

Bioasis Announces Stock Option Grant

Written by Customer Service on January 22, 2021. Posted in Public Companies.

GUILFORD, Conn., Jan. 22, 2021 (GLOBE NEWSWIRE) — BIOASIS TECHNOLOGIES INC. (OTCQB:BIOAF; TSX.V:BTI), a pre-clinical, research-stage biopharmaceutical company developing its proprietary xB3™ platform technology for the delivery of therapeutics across the blood-brain barrier (“BBB”) and the treatment of central nervous system (“CNS”) disorders in areas of high unmet medical need, including brain cancers and neurodegenerative diseases, today announced that it has granted stock options to acquire a total of 510,000 common shares effective January 21, 2021 at a price of $0.50 per share to a newly appointed director of the company. The options expire five years from the date of the grant, are subject to vesting and are governed by the terms of the company’s stock option plan.On behalf of the Board of Directors of Bioasis Technologies...

Global Ship Lease Announces Pricing of Public Offering of Class A Common Shares

Written by Customer Service on January 22, 2021. Posted in Public Companies.

LONDON, Jan. 22, 2021 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) announced today the pricing of its previously announced underwritten public offering (the “Offering”) of 5,400,000 shares of its Class A common stock, par value $0.01 per share (the “Common Shares”) at a public offering price of $13.00 per Common Share. The Company has granted the underwriters a 30-day option to purchase up to an additional 810,000 Common Shares. The Offering will result in gross proceeds to the Company of $70.2 million (or $80.7 million if the underwriters’ option to purchase additional Common Shares is exercised in full) prior to deducting underwriting discounts, commissions and other offering expenses.The net proceeds of the Offering are expected to be used for funding the expansion of the Company’s fleet, general corporate...

5 Outdoor Living Trends For 2021

Written by Customer Service on January 22, 2021. Posted in Public Companies.

WINCHESTER, Va., Jan. 22, 2021 (GLOBE NEWSWIRE) — Now, more than ever, outdoor living is in! While homeowners have increasingly invested time and money into their yards in recent years, 2020 saw interest in outdoor living spike to unprecedented levels as homeowners everywhere adjusted to a new normal by reimagining how to use and enjoy their exterior spaces. As a result, the outdoor living design trends for 2021 have never been more inventive.“The COVID-19 pandemic has prioritized how we view and use our homes,” said Leslie Adkins, vice president of marketing for Trex Company, the world’s largest manufacturer of wood-alternative decking and railing and a leader in high-performance, low-maintenance outdoor living products. “With people spending more time at home, outdoor space has never been more important. It’s where we start our...

Freddie Mac Prices $1.2 Billion Multifamily K-Deal, K-123

Written by Customer Service on January 22, 2021. Posted in Public Companies.

MCLEAN, Va., Jan. 22, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $1.2 billion in K Certificates (K-123 Certificates), which are expected to settle on or about January 28, 2021.K-123 PricingDetailsCo-Lead Managers and Joint Bookrunners: Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc.Co-Managers: Bancroft Capital, LLC, Goldman, Sachs and Co. LLC, J.P. Morgan Securities LLC and NatAlliance Securities, LLCRating Agencies: Fitch Ratings, Inc. and DBRS, Inc.Related LinksThe K-123 Preliminary Offering Circular Supplement: http://www.freddiemac.com/mbs/data/k123oc.pdf...

Teligent Regains Compliance with Nasdaq Filing Requirements and Nasdaq Minimum Market Value Rule

Written by Customer Service on January 22, 2021. Posted in Public Companies.

BUENA, N.J., Jan. 22, 2021 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT) (“Teligent” or the “Company”), a New Jersey-based specialty generic pharmaceutical company, previously received notice from The Nasdaq Stock Market (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company not having timely filed its Quarterly Report on Form 10-Q for the three months ended September 30, 2020 (the “Form 10-Q”) with the Securities and Exchange Commission. Upon filing of the Form 10-Q on December 31, 2020, the Company regained compliance with Nasdaq Listing Rule 5250(c)(1) and this matter is now closed.In addition, on July 28, 2020, the Company received notice from Nasdaq stating that the Company was not in compliance with Nasdaq Listing Rule 5450(b)(2)(C) because the Company failed...

ToughBuilt Industries, Inc. Granted 180-Day Extension to Meet Nasdaq Minimum Bid Requirement

Written by Customer Service on January 22, 2021. Posted in Public Companies.

Lake Forest, Calif, Jan. 22, 2021 (GLOBE NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW) today announced that on January 21, 2021, the Company received a 180-day extension from Nasdaq’s Listing Qualification Department to meet Nasdaq’s continuing listing requirements by maintaining a minimum bid price per share of $1.00 for a minimum of 10 consecutive trading days. The Company now has until July 19, 2021 to meet Nasdaq’s minimum bid requirement.The Company was first notified by Nasdaq of its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive trading days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A) on July 24, 2020 and was given until January 20, 2021 to regain compliance.“We are pleased to have received an extension,” said Michael Panosian, Chief...

Bank of Commerce Holdings Announces Results for the Fourth Quarter of 2020

Written by Customer Service on January 22, 2021. Posted in Public Companies.

SACRAMENTO, Calif., Jan. 22, 2021 (GLOBE NEWSWIRE) — Bank of Commerce Holdings (NASDAQ: BOCH) (the “Company”), a $1.764 billion asset bank holding company and parent company of Merchants Bank of Commerce (the “Bank”), today announced financial results for the quarter and year ended December 31, 2020. Net income for the quarter ended December 31, 2020 was $5.1 million or $0.30 per share – diluted, compared with net income of $4.4 million or $0.24 per share – diluted for the same period of 2019. Net income for the year ended December 31, 2020 was $14.2 million or $0.83 per share – diluted, compared with net income of $15.0 million or $0.83 per share – diluted for the same period of 2019.Significant Items for the fourth quarter of 2020:COVID-19 loan deferrals outstanding declined to $9.5 million at December 31, 2020 as borrowers resumed...

Castor Maritime Inc. Announces $15.3 Million Debt Financing

Written by Customer Service on January 22, 2021. Posted in Public Companies.

LIMASSOL, Cyprus, Jan. 22, 2021 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announces the closing, through two of its ship-owning subsidiaries, of a $15.3 million senior term loan facility with a reputable European financial institution (“the $15.3 Million Financing”), secured by two of its vessels. The loan is expected to be drawn down before the end of this month. The Company intends to use the net proceeds from the $15.3 Million Financing to support the Company’s growth plans.The $15.3 Million Financing will have a tenor of four years from the drawdown date and will bear interest at 3.30% plus LIBOR per annum.Petros Panagiotidis, Chief Executive Officer of Castor, commented:“We are very pleased that this financing...

Month: January 2021

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