Month: January 2021

ROCKVILLE, Md., Jan. 27, 2021 (GLOBE NEWSWIRE) — Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $9.7 million, or $0.71 per diluted share, for the fourth quarter of 2020. By comparison, net income was $5.1 million, or $0.36 per diluted share, for the fourth quarter of 2019. Return on average assets was 2.08% for the fourth quarter of 2020, compared to 1.48% for the same period in 2019. Return on average equity was 25.3% for the fourth quarter of 2020, compared to 15.3% for the same period in 2019.“Capital Bancorp finished 2020 with excellent fourth quarter results, bringing to a close a year in which we navigated a challenging environment while delivering record results,” said Steven Schwartz, Chairman of the Board...

FORT LAUDERDALE, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) — Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, announced today that it has signed a warrant exercise agreement with an existing institutional investor that is expected to provide the Company with gross proceeds of up to $11.0 million.Under the agreement, the existing warrant holder agreed to exercise, subject to the ownership blockers contained therein, an aggregate of approximately 8.0 million remaining private placement warrants of the approximately 8.7 million that were originally issued in August 2020 (the “Existing Warrants”) at the stated exercise price...

RIDGEFIELD, Conn., Jan. 27, 2021 (GLOBE NEWSWIRE) — The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) today announced that the Company intends to release its financial results for the fourth quarter and fiscal year ended December 25, 2020 before the opening of the stock market on Wednesday, February 10, 2021 and host a conference call at 8:30 a.m. ET on Wednesday, February 10, 2021 to review those results.The conference call will be webcast live from the Company’s investor relations website at http://investors.chefswarehouse.com/. An online archive of the webcast will be available on the Company’s investor relations website for 30 days.About The Chefs’ WarehouseThe Chefs’ Warehouse, Inc. (http://www.chefswarehouse.com) is a premier distributor of specialty food products in the United States and Canada focused on serving the specific...

HOUSTON, Jan. 27, 2021 (GLOBE NEWSWIRE) — C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, today announced that its C-Bond BRS (ballistic-resistant system) is in an initial trial with a leading provider of custom structures, which are supplied to a top mass retailer. C-Bond sold the glass, treated with C-Bond BRS, to the provider of kiosks, security booths, and other prefabricated structures, who will provide it to the retail customer in an effort to protect employees and customers from gun violence or forced entry.C-Bond BRS is a ballistic-resistant film system that consists of the patented C-Bond glass strengthening technology and security film. The C-Bond technology chemically bonds to the defects randomly distributed on the glass surface thereby increasing impact resistance and preventing...

TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) — VVC Exploration Corporation (“VVC” or the “Company“) (TSX-V:VVC) announces that the Company, following completion of its due diligence, has closed the transaction to buy the remaining 90% interest (the “Majority Interest“) in Plateau Helium Corporation (“PHC“) from the shareholders of PHC for twenty-one million shares of VVC (the “VVC Shares“), subject to a voluntary escrow and a number of conditions.   PHC is now a wholly-owned subsidiary of the Company.On November 9, 2020, the Company announced its intention to acquire all of the issued and outstanding shares of PHC. The acquisition process was initiated on December 21, 2020 when the Company acquired the first 10% of the Company. It then completed its full due diligence and has...

TAMPA, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) — Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, development and extraction of deep-ocean minerals, has been notified that the First Memorial filed by Odyssey in September 2020 in its pending North American Free Trade Agreement (NAFTA) case against Mexico has now been published by the International Centre for Settlement of Investment Disputes (ICSID) and is available on its website at icsidfiles.worldbank.org/icsid/ICSIDBLOBS/OnlineAwards/C8573/DS15772_En.pdf. The Memorial is also available on Odyssey’s website at www.odysseymarine.com/nafta.  The $2.3 billion claim against Mexico under NAFTA relates to the unlawful denial of the environmental permit for subsidiary Exploraciones Oceanicas’ (ExO’s) offshore phosphate project. The...

JACKSONVILLE, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) — Today, Regency Centers Corporation (“Regency” or the “Company”) (NASDAQ: REG) announced the release of its first standalone Climate Change Risk Report. The report illustrates Regency’s continued commitment to corporate responsibility and transparency. A copy of the full report can be found on Regency’s Corporate Responsibility site, at Regencycenters.com.Regency’s climate change risk analysis is aligned to the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). The Company intends to update its analysis as circumstances and new information warrant, and we expect that reporting using the TCFD framework will be part of Regency’s ongoing Corporate Responsibility program.“Our commitment to corporate responsibility continues to deepen,” said Lisa Palmer,...