Day: February 4, 2021

FOSTER CITY, Calif., Feb. 04, 2021 (GLOBE NEWSWIRE) — Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule single-agent and combination therapy candidates for the treatment of non-alcoholic steatohepatitis, or NASH, and other chronic liver diseases, today announced the pricing of its upsized initial public offering of 7,500,000 shares of common stock at a public offering price of $17.00 per share, for gross proceeds of $127.5 million, before the underwriting discounts and commissions. All of the shares of common stock are being offered by Terns. The Company has also granted the underwriters a 30-day option to purchase from the Company an additional 1,125,000 shares of common stock at the initial public offering price, less the underwriting...

CHICAGO, Feb. 04, 2021 (GLOBE NEWSWIRE) — Amlan International, a global leader in mineral-based feed additives that improve the intestinal health and efficiency of poultry and livestock, has named Ricardo Ivanovski as the new Technical Service Manager for Brazil.Ricardo will execute technical service support and ensure strong customer service in the region for Amlan in this role. His hiring will further support Amlan’s mission to bring its proprietary mineral-based feed additive solutions to protein producers and distributors in Brazil to ensure long-term customer value and profitability.“Ricardo’s prior experience in animal health and technical services will provide great value to Amlan International and allow us to further strengthen our technical service support in Brazil,” says Fred Kao, Vice President of Global Sales, Amlan...

CHICAGO, Feb. 04, 2021 (GLOBE NEWSWIRE) — A Amlan International, líder global em aditivos minerais para rações , esses aditivos são alternativas para melhora da saúde intestinal e da eficiência produtiva, e aves e suínos, nomeou Ricardo Ivanovski como o novo Gerente de Serviços Tecnicos, regional para o Brasil.Ricardo executará o suporte de serviços técnicos e garantirá atendimento ao cliente na região para Amlan nesta função. Sua contratação apoiará ainda mais a missão da Amlan de levar suas soluções de aditivos para rações à base de minerais para produtores e distribuidores no Brasil para garantir valor ao cliente e lucratividade de longo prazo.“A experiência anterior de Ricardo em saúde animal e serviços técnicos proporcionará grande valor à Amlan International e permitirá que a Amlan fortaleça ainda mais nosso suporte de serviço...

EBITDA1 of $249 million on Sales of $662 millionNet Cash Position and Available Liquidity of $788 millionBURNABY, British Columbia, Feb. 04, 2021 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded Net earnings in Q4’20 of $149.1 million, or $2.24 per share, compared to $121.6 million, or $1.81 per share in Q3’20 and Net loss of $41.7 million, or $0.62 per share in Q4’19.  Adjusted net earnings in Q4’20 was $164.7 million compared to $140.0 million in Q3’20 and Adjusted net loss of $17.4 million in Q4’19.Adjusted EBITDA was a record $248.6 million on sales of $662.3 million in Q4’20 versus $221.7 million on sales of $644.9 million in Q3’20.Interfor recorded Net earnings of $280.3 million, or $4.18 per share, in 2020, compared to Net loss of $103.8 million, or $1.54 per share in 2019.  Adjusted...

TORONTO , Feb. 04, 2021 (GLOBE NEWSWIRE) — Empire Life Investments Inc. (ELII) announced that the risk ratings for the funds listed below have changed as indicated.Empire reviews the risk rating for each fund at a minimum on an annual basis, as well as when a fund undergoes a material change. These changes are the result of an annual review, and are not results of any changes to the investment objectives, strategies or management of the funds.About Empire LifeEstablished in 1923, Empire Life is a subsidiary of E-L Financial Corporation Limited. The Company’s mission is to make it simple, fast and easy for Canadians to get the investment, insurance and group benefits coverage they need to build wealth, generate income, and achieve financial security. As of September 30, 2020 Empire Life had total assets under management of $18.2...

KYOTO, Japan, Feb. 05, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire: the shares of Mitsubishi Heavy Industries Machine Tool Co., Ltd. (“Mitsubishi Heavy Industries Machine Tool”), a company that designs, manufactures, and sells machine tools, cutting tools, and related products, from Mitsubishi Heavy Industries, Ltd. (“Mitsubishi Heavy Industries”); all the Mitsubishi Heavy Industries Group-owned shares of three overseas subsidiaries specialized in machine tool business; and the machine tool business run by nine overseas subsidiaries (the “Stock Acquisition”). Accordingly, Nidec entered into a stock purchase agreement on February 5, 2021 (Japan time).1. Outline of Mitsubishi Heavy Industries Machine...

Tampa, FL, Feb. 04, 2021 (GLOBE NEWSWIRE) — Quantum FinTech Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 17,500,000 units at $10.00 per unit. The units are expected to trade on the New York Stock Exchange (“NYSE”) under the ticker symbol “QFTA.U” beginning February 5, 2021. Each unit consists of one share of common stock and one redeemable warrant, with each warrant entitling the holder thereof to purchase one half-share of common stock at a price of $11.50 per full share. Once the securities comprising the units begin separate trading, the shares of common stock and redeemable warrants, are expected to be listed on the NYSE under the symbols “QFTA” and “QFTA WS,” respectively.The offering is expected to close on February 9, 2021, subject to customary closing conditions. Chardan...

TORONTO, Feb. 04, 2021 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired 12,500,000 common shares (“Shares”) of Moneta Porcupine Mines Inc. (the “Issuer”) at the price of $0.32 each for aggregate consideration of $4,000,000.In connection with its engagement as co-lead agent under a bought deal private placement financing of the Issuer, Dundee Goodman Merchant Partners, an affiliate of Dundee, acquired compensation options exercisable for common shares (“Compensation Options”) for a period of 24 months. A total of 416,249 of the Compensation Options are exercisable at the price of $0.32 and a total of 730,445 Compensation Options are exercisable at the price of $0.46.Immediately prior to the acquisition...

GUADALAJARA, Mexico, Feb. 04, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced preliminary terminal passenger traffic figures for the month of January 2021, compared to traffic figures for January 2020.For January 2021, the total number of terminal passengers at GAP’s 14 airports decreased by 43.5%, compared to the same period of the previous year. Domestic passenger traffic decreased by 30.6%, while international passenger traffic decreased by 57.0%.With regards to national operations in our 12 Mexican airports, the airlines have continued to gradually increase operations since the beginning of the pandemic. Regarding the international traffic, beginning on January 26, 2021, the United States requests that travelers must present a negative Covid test...

DENVER, Feb. 04, 2021 (GLOBE NEWSWIRE) — StoneCastle Financial Corp., (NASDAQ: BANX) (“StoneCastle Financial” or the “Company”), today announced that it will release financial results for the fiscal period ended December 31, 2020 after the market closes on Monday, March 1, 2021.StoneCastle Financial will host a conference call for investors and other interested parties beginning at 5:00 p.m. (Eastern Time) on Monday, March 1, 2021 to discuss the Company’s financial results and investment performance and provide its current views on bank-related assets and the community banking market. The call will be hosted by Sanjai Bhonsle, Chairman and Chief Executive Officer, Patrick Farrell, Chief Financial Officer and Julie Muraco, Investor Relations.The conference call will be accessible by telephone and the Internet. To access...