Day: February 2, 2021

The Music Acquisition Corporation Announces Pricing of $200 Million Initial Public Offering

New York , Feb. 02, 2021 (GLOBE NEWSWIRE) — The Music Acquisition Corporation (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “TMAC.U” beginning on February 3, 2021. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. After the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols “TMAC” and “TMAC WS,” respectively. The offering is expected to close on February 5, 2021, subject to customary closing...

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Genesis HealthCare Announces Resident and Staff COVID-19 Vaccine Acceptance Rates

To date, 84% of skilled nursing residents and 61% of skilled nursing staff have been vaccinated; Staff acceptance rates far exceed national average as reported by CDCKENNETT SQUARE, Pa., Feb. 02, 2021 (GLOBE NEWSWIRE) — Genesis HealthCare, (“Genesis” or “Company”) (NYSE: GEN), one of the largest post-acute care providers in the United States, announced today that 84% of its skilled nursing residents and 61% of skilled nursing staff members have been vaccinated, each receiving their first dose of the COVID-19 vaccine, through January 29, 2021. Staff vaccine acceptance rates far exceed the national average, and resident acceptance rates at Genesis skilled nursing centers were also above the national average, based on vaccine administration data in an analysis published by the Centers for Disease Control and Prevention (CDC).On February...

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Growth Capital Acquisition Corp. Announces Closing of $172.5 Million Upsized Initial Public Offering and Full Exercise of the Overallotment Option

ATHENS, Greece, Feb. 02, 2021 (GLOBE NEWSWIRE) — Growth Capital Acquisition Corp. (NASDAQ: GCACU) (“Growth Capital” or the “Company”) today announced the closing of its initial public offering of 17,250,000 units, which included 2,250,000 units sold upon the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit, resulting in total gross proceeds of $172.5 million. The units commenced trading on the Nasdaq Capital Market (“Nasdaq”) on January 29, 2021 under the symbol “GCACU”. Each unit consisted of one share of Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin...

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First Horizon Corporation to Participate in Virtual KBW Winter Financial Services Symposium

MEMPHIS, Tenn., Feb. 02, 2021 (GLOBE NEWSWIRE) — William Losch, Chief Financial Officer, of First Horizon Corporation (NYSE:FHN) will participate in a virtual conference with KBW on February 11, 2021 at 1:15 p.m. Eastern Time.A link to the conference will be available to the public via live webcast with audio replay available for 14 days after the event. Links to the webcast, both live and archived, along with the materials for the event will be available in the events and presentations section of http://ir.fhnc.com.The presentation and any related materials may contain forward-looking statements, including guidance, involving significant risks and uncertainties, which will be identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “should,”...

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Fentura Financial, Inc. Announces Fourth Quarter 2020 Earnings

Dollars in thousands except per share amounts. Certain items in the prior period financial statements have been reclassified to conform with the December 31, 2020 presentation.FENTON, Mich., Feb. 02, 2021 (GLOBE NEWSWIRE) — Fentura Financial, Inc. (OTCQX: FETM) announces quarterly results of net income of $2,733 and $15,464 for the three and twelve month periods ended December 31, 2020.Ronald Justice, President and CEO, stated “We are very pleased to report a solid quarter and another year of strong financial performance despite the many challenges presented by the COVID-19 pandemic. The extraordinary efforts of the Fentura team in implementing strategies to respond to the pandemic, allowed us to continue to effectively operate and meet all the banking needs of our clients and to support the communities we serve.”Following...

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Namaste Technologies Announces its Evolution to a Wellness Company with Expansion into Nutraceuticals Market

– Company also Exploring Dealer’s Licence Application Opening a Pathway to Psychedelics –TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a marketplace platform for cannabis and wellness products, is pleased to announce board approval for its expansion to broaden its total addressable market and to evolve into a pre-eminent wellness company, connecting consumers to their wellness needs of tomorrow via additional pathways beyond cannabis.Our mission is to leverage technology to build the world’s first personalized wellness marketplace; a platform where consumers can learn about wellness products, interact with a variety of brands, and make easy, informed purchases.Launch of Nutraceutical Division:As part of the total addressable...

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Stone Gold Completes Mineral Claims Acquisition in Red Lake, Ontario

TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Stone Gold Inc. (TSX-V: STG) (“Stone Gold” or the “Company“) is pleased to announce that it has completed the acquisition of the mineral claims in Red Lake, Ontario (the “Claims”) from EMX Royalty Corporation (“EMX”) previously announced in the Company’s January 13, 2021 news release.Under the terms of the purchase agreement, EMX received a cash payment of $10,000, the grant of a 1.5% net smelter royalty on the Claims and will be issued 30,000 common shares of Stone Gold (“Common Shares”) at closing in exchange for 100% ownership of the Claims.The Common Shares issued to EMX are subject to the statutory four months and a day hold period.For further information, please contact:Mr. John TimmonsPresident & CEOStone Gold Inc.Cellular (416) 931 2243Email: jtimmons@stonegold.caWeb:...

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Brandywine Realty Trust Announces Fourth Quarter, Full Year 2020 Results, Initiates 2021 Guidance, and Announces Investment Activity

PHILADELPHIA, Feb. 02, 2021 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2020.Management Comments“As we begin a new year, the continued health and safety of our employees, tenants and stakeholders remain a top priority,” stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. “Our operating platform remains strong. We exceeded our 2020 $26 million speculative revenue target, we achieved strong quarterly mark-to-market rents increasing 11.0% and 18.9% on a cash and accrual basis and our portfolio experienced 59,000 square feet of net absorption. We executed several successful capital markets transactions including a joint venture of a 1.1 million square foot office portfolio located...

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Rackspace Technology und Google Cloud bieten optimierte Werbeaktionen und dynamische Notfallwiederherstellung für Mrs. T’s Pierogies

SAN ANTONIO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT), ein führendes Unternehmen für End-to-End-Multi-Cloud-Technologielösungen, hat heute die Ergebnisse der Migration in die Google Cloud-Plattform für Mrs. T’s Pierogies bekanntgegeben, dem größten Anbieter von tiefgekühlten Piroggen in den USA.Rackspace Technology hat den Piroggen-Hersteller mit Migrationsservices, Anwendungsservices und Managed Storage unterstützt, was dem Unternehmen geholfen hat, Prognosen zu verbessern, Werbeaktionen zu optimieren und seine Maßnahmen zur Notfallwiederherstellung zu verbessern.Mrs. T’s konnte umgehend von den Vorteilen des aktualisierten Systems profitieren, mit einer Beschleunigung von 60 % bei Chargenübergängen und On-Screen-Endbenutzertransaktionen.Mit einer Produktion von mehr als 600 Millionen gefrorenen Piroggen...

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Ocwen Financial Announces Conditional Redemption of 6.375% Senior Notes Due 2021 and 8.375% Senior Secured Second Lien Notes Due 2022

WEST PALM BEACH, Fla., Feb. 02, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Corporation (“PHH”) has given notice of its intention to redeem on March 4, 2021 (the “Redemption Date”) all of its outstanding 6.375% Senior Notes due 2021 (the “2021 Notes”) and also that its subsidiary PHH Mortgage Corporation (“PMC” and together with PHH, the “Issuers” and each, an “Issuer”) has given notice of its intention to redeem on the Redemption Date all of its outstanding 8.375% Senior Secured Second Lien Notes due 2022 (the “2022 Notes”).The 2021 Notes will be redeemed at a price of 100% of the principal amount thereof, plus accrued and unpaid interest to, but not including, the Redemption Date (equal to...

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