Month: January 2021

Kayne Anderson Closed-End Funds File 2020 Annual Reports

Written by Customer Service on January 28, 2021. Posted in Public Companies.

HOUSTON, Jan. 28, 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 that copies of each fund’s annual report for the fiscal year ended November 30, 2020, are available online at www.kaynefunds.com. To request a hard copy of these reports, free of charge, please call 877-657-3863 or email cef@kaynecapital.com.Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The company’s investment objective is to provide a high after-tax total return with an emphasis on...

AMG to Announce Fourth Quarter and Full Year 2020 Results on February 8, 2021

Written by Customer Service on January 28, 2021. Posted in Public Companies.

Conference Call Scheduled for 8:30 a.m. Eastern TimeWEST PALM BEACH, Fla., Jan. 28, 2021 (GLOBE NEWSWIRE) — Affiliated Managers Group, Inc. (NYSE: AMG) will report financial and operating results for the fourth quarter and full year ended December 31, 2020 on Monday, February 8, 2021. A conference call will be held at 8:30 a.m. Eastern time on the same day. In addition to quarterly results, the conference call may include discussion of management’s expectations of future financial and operating results. Jay C. Horgen, President and Chief Executive Officer, and Thomas M. Wojcik, Chief Financial Officer, will host the session.Parties interested in listening to the conference call should dial 1-877-407-8291 (U.S. calls) or 1-201-689-8345 (non-U.S. calls) shortly before the call begins.The conference call will also be available...

Dundee Precious Metals Files Early Warning Report Regarding Investment in INV Metals Inc.

Written by Customer Service on January 28, 2021. Posted in Public Companies.

TORONTO, Jan. 28, 2021 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today filed an early warning report with respect to its ownership in INV Metals Inc. (“INV Metals”) following the completion of a non-brokered C$3,962,683 private placement (the “Offering”). Pursuant to the terms of the Offering, INV Metals issued 8,805,962 common shares (the “Common Shares”) to the Company at a price of C$0.45 per Common Share. Following completion of the Offering, the Company owns 35,344,424 Common Shares, or approximately 23.5% of the issued and outstanding Common Shares, calculated on a non-diluted basis. The Common Shares issued under the Offering are subject to a customary four month statutory hold period.DPM completed the Offering solely for investment purposes and may increase or decrease...

ZoomerMedia Limited Announces First Quarter 2020-21 Financial Results

Written by Customer Service on January 28, 2021. Posted in Public Companies.

TORONTO, Jan. 28, 2021 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in serving the interests of the 45+ “Zoomer” market in Canada, today announced its financial results for the first quarter ended November 30, 2020.Consolidated ResultsFor the three months ended November 30, 2020 the Company generated revenues of $13.2 million, operating expenses of $9.7 million and Adjusted EBITDA of $3.5 million from its continuing operations. Net income for the same period was $1.9 million.For the comparative three months ended November 30, 2019 the Company had revenues of $14.7 million, operating expenses of $12.0 million and Adjusted EBITDA of $2.7 million from its continuing operations. Net income for the three months was $1.6 million.On August 19, 2020 the Company closed the sale for substantially all of the...

Wintrust Financial Corporation Announces Cash Dividends, Increasing Quarterly Common Stock Dividend Rate by 10.7%

Written by Customer Service on January 28, 2021. Posted in Public Companies.

ROSEMONT, Ill., Jan. 28, 2021 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.31 per share of outstanding common stock. The dividend is payable on February 25, 2021 to shareholders of record as of February 11, 2021. This represents an increase of approximately 10.7% from the $0.28 quarterly cash dividend paid in each of the quarters of 2020.Additionally, the Company’s Board of Directors approved quarterly cash dividends on outstanding shares of the Company’s 6.50% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series D and of the Company’s 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E. Each dividend is payable on April 15, 2021 to shareholders of record...

Outlook Therapeutics Announces $10.0 Million Bought Deal Offering of Common Stock

Written by Customer Service on January 28, 2021. Posted in Public Companies.

MONMOUTH JUNCTION, N.J., Jan. 28, 2021 (GLOBE NEWSWIRE) — Outlook Therapeutics, Inc. (Nasdaq: OTLK) (“Outlook Therapeutics”), a late clinical-stage biopharmaceutical company working to develop the first FDA-approved ophthalmic formulation of bevacizumab-vikg for use in retinal indications, today announced that it has entered into an underwriting agreement with H.C. Wainwright & Co., LLC under which the underwriter has agreed to purchase on a firm commitment basis 10,000,000 shares of common stock of Outlook Therapeutics, at a price to the public of $1.00 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about February 2, 2021, subject to satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the sole book-running manager for the offering.Outlook...

Smart Employee Benefits Inc. Closes Shares for Debt Transaction

Written by Customer Service on January 28, 2021. Posted in Public Companies.

MISSISSAUGA, Ontario, Jan. 28, 2021 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) is pleased to announce that it has closed its previously announced shares for debt transaction. The Company issued 2,858,175 common shares in the capital of the Company (the “Shares”) at a price of $0.15 per Share in settlement of accrued directors’ fees in the amount of $428,726.25 owing to certain directors of the Company (the “Debt Settlement”).The issuance of Shares to the directors constitutes a “related party transaction” as this term is defined in Multilateral Instrument 61-101: Protection of Minority Securityholders in Special Transactions (“MI 61-101”). All of the independent directors of the Company, acting in good faith, determined that the fair market value of the Shares being issued pursuant to the...

Flushing Financial Corporation Reports 4Q20 GAAP EPS of $0.11 and 2020 GAAP EPS of $1.18 4Q20 Core EPS of $0.58 and 2020 Core EPS of $1.70 Third Consecutive Quarter of Record Net Interest Income

Written by Customer Service on January 28, 2021. Posted in Earnings Releases And Operating Results.

FOURTH QUARTER 2020 HIGHLIGHTS1GAAP diluted EPS of $0.11, compared to $0.50 in 3Q20 and $0.45 in 4Q19Core diluted EPS of $0.58 compared to $0.56 in 3Q20 and $0.41 in 4Q19GAAP ROAA and ROAE were 0.18% and 2.27% in 4Q20 compared to 0.73% and 9.11% in 4Q19, respectivelyCore ROAA and ROAE were 0.92% and 11.67% in 4Q20 compared to 0.67% and 8.36% in 4Q19, respectivelyRecord net interest income of $55.7 million, up 11.6% QoQ and 35.3% YoY, while core net interest income was $54.7, up 10.1% QoQ and 36.3% YoYNet interest margin of 3.08%, up 8 bps QoQ and 60 bps YoY and core net interest margin of 2.97%, up 8 bps QoQ and 64 bps YoYAverage loans were $6.4 billion, up 8.0% QoQ and 11.3% YoY while average deposits of $4.7 billion improved 8.2% QoQ and 4.0% YoYLoan pipeline remained strong at $354.6 million, up 9.3% from $324.5 million a year agoProvision...

InterDigital Update Guidance for Fourth Quarter 2020

Written by Customer Service on January 28, 2021. Posted in Public Companies.

WILMINGTON, Del., Jan. 28, 2021 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today provided revenue guidance for fourth quarter 2020.The company expects total fourth quarter 2020 revenue to be between $87 million and $90 million, which includes between $85 million and $88 million of recurring revenue.The company also expects that in the fourth quarter 2020 it will recognize one-time charges of approximately $10-11 million, primarily related to on-going patent portfolio management. The one-time charges are expected to bring the sequential increase in operating expenses to approximately $15 million. The company had previously stated an expected increase of $5 million operating expenses over third quarter levels, primarily driven by litigation activities.About...

Meso Numismatics Shareholder Update

Written by Customer Service on January 28, 2021. Posted in Public Companies.

LAS VEGAS, NV, Jan. 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Meso Numismatics, Inc. (“Meso Numismatics” or the “Company”) (MSSV), a technology and numismatic company specializing in the Meso Region, including Central America and the Caribbean, is pleased to announce that it expects to file its Q2 within the next 10 days and its Q3 approximately 4 weeks thereafter which would bring the company’s filing status to current.“Meso is committed to closing the acquisition with Global Stem Cells Group and management expects that this transaction will add significant value for shareholders,” said David Christensen, President and CEO.This press release should be read in conjunction with all other filings on www.sec.gov.For more information on Global Stem Cells Group please visit: www.stemcellsgroup.com.About Meso Numismatics: Meso...

Month: January 2021

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