Day: February 8, 2021
COLUMBUS, Ohio, Feb. 08, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced it plans to host a conference call to discuss results for the fourth quarter and fiscal year 2020 on Thursday, February 25, 2021, at 5:00 p.m. Eastern Time. The Company plans to release its fourth quarter and fiscal year 2020 results in the investor relations section of its website at ir.joinroot.com after the close of the financial markets on February 25, 2021.Webcast and Conference Call DetailsA replay of the webcast will be made available for 30 days after the call on the Investor Relations page of the Company’s website at ir.joinroot.com.About Root, Inc.Root, Inc. is the parent company of Root Insurance Company. Root is a technology company revolutionizing personal insurance with a pricing...
Dorman Products, Inc. Announces Date to Report Fourth Quarter 2020 Financial Results
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COLMAR, Pa., Feb. 08, 2021 (GLOBE NEWSWIRE) — Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM) today announced the Company will report its financial results for the fourth quarter ended December 26, 2020 before the opening of the Nasdaq Stock Market on February 22, 2021.About Dorman ProductsAt Dorman we give repair professionals and vehicle owners greater freedom to fix cars and trucks by focusing on solutions first. For over 100 years, we have been one of the automotive aftermarket’s pioneering problem solvers, releasing tens of thousands of replacement products engineered to save time and money and increase convenience and reliability.Founded and headquartered in the United States, we are a global organization offering more than 80,000 distinct parts, covering both light-duty and heavy-duty vehicles, from chassis...
TFI International communique ses résultats du quatrième trimestre et de l’exercice 2020
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Changement électif de la monnaie de présentation en dollars américains en date du 31 décembre 2020Le bénéfice par action dilué (« BPA dilué ») lié aux activités poursuivies du quatrième trimestre de 0,91 $ (1,18 $ CA) est en hausse par rapport à 0,70 $ (0,92 $ CA) au quatrième trimestre de 2019, tandis que le BPA ajusté dilué1de 0,98 $ (1,27 $ CA) a augmenté par rapport à 0,72 $ (0,95 $ CA) au quatrième trimestre de l’année précédenteLe bénéfice opérationnel lié aux activités poursuivies du quatrième trimestre s’est établi à 117,1 M$, en hausse par rapport à 92,8 M$ au quatrième trimestre de 2019Les flux de trésorerie nets liés aux activités opérationnelles poursuivies du quatrième trimestre de 164,9 M$, ont augmenté par rapport à 133,3 M$ au quatrième trimestre de 2019Le BPA dilué annuel lié aux activités poursuivies de 3,03 $ (4,06 $ CA)...
Revive Therapeutics Files Business Acquisition Report
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TORONTO, Feb. 08, 2021 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE:RVV) (USA: RVVTF), announces that it has filed a Form 51-102F4 Business Acquisition Report (BAR) pursuant to National Instrument 51-102 Continuous Disclosure Obligations in connection with its acquisition of Psilocin Pharma Corp. on March 5, 2020. The BAR has been filed as a result of a review conducted by staff at the Ontario Securities Commission in connection with the Company’s recently filed preliminary short form prospectus dated January 26, 2021.For more information, please contact:Michael FrankChief Executive OfficerRevive Therapeutics Ltd.Tel: 1 888 901 0036Email: mfrank@revivethera.comWebsite: www.revivethera.com
Huntington Completes Previously Announced Acquisition of Ontario Mining Properties
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CALGARY, Alberta, Feb. 08, 2021 (GLOBE NEWSWIRE) — Huntington Exploration Inc. (TSX.V: HEI) (the “Corporation” or “Huntington”) is pleased to announce that, further to its January 15, 2021 news release, it has completed the acquisition (the “Acquisition”) of the mineral exploration properties in the Birch-Uchi region of Ontario bridging Treaty 3 and Treaty 9 Territories (the “Birch-Uchi Property”).The purchase price for the Birch-Uchi Property was satisfied by a cash payment in the aggregate amount of $30,000 and the issuance of an aggregate of 200,000 common shares in the capital of the Corporation at a deemed price of $0.165 per share. The common shares issued in connection with the Acquisition are subject to a hold period that expires on June 6, 2021. In addition, one of the vendors has retained a 1.5% Net Smelter Return (“NSR”)...
II-VI Incorporated Unveils High-Power and High-Efficiency Double-Junction VCSEL Arrays for Next-Generation 3D Sensing
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PITTSBURGH, Feb. 08, 2021 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leading provider of semiconductor lasers and micro-optics for consumer electronics, today announced its double-junction vertical cavity surface-emitting laser (VCSEL) arrays, the first of its multi-junction VCSEL array platforms for next-generation world-facing 3D sensing applications.The growing adoption of 3D sensing in several markets, including in consumer electronics, automotive, and industrial, is driving the demand for depth sensors with longer and wider range, lower power consumption, smaller size, and lower cost. II-VI’s new VCSEL arrays are based on a double-junction technology that doubles the power output per VCSEL emitter and improves the power conversion efficiency to 56%, compared with 46% in existing single-junction technology. This...
Kuuhubb Announces Amendment to Payment Schedule of Settlement Agreement and Exercise of Warrants
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TORONTO, Feb. 08, 2021 (GLOBE NEWSWIRE) — Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX- V: KUU), a mobile game development and publishing company focused on providing the female audience with creative interactive gaming experiences, announces that, further to its news releases dated August 19, 2020 and November 30, 2020, it has entered into an agreement with Cherrypick Games S.A. (“Cherrypick”) to amend (the “Amendment”) the settlement terms to the settlement agreement (the “Settlement Agreement”) relating to the acquisition of the My Hospital application from Cherrypick. Pursuant to the Amendment, Kuuhubb shall pay to Cherrypick: (i) €100,000 (approximately CAD$153,700) on or before February 7, 2021 and €150,000 (approximately CAD$230,550) on or before February 15, 2021, which payments replace and supersede the second payment...
Sana Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
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SEATTLE, Feb. 08, 2021 (GLOBE NEWSWIRE) — Sana Biotechnology, Inc. (Nasdaq: SANA), a company focused on creating and delivering engineered cells as medicines, today announced the closing of its upsized initial public offering of 27,025,000 shares of its common stock at a public offering price of $25.00 per share, which includes the full exercise by the underwriters of their option to purchase 3,525,000 additional shares of common stock. The aggregate gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Sana, were approximately $675.6 million. All of the shares of common stock were offered by Sana. Sana’s common stock is listed on The Nasdaq Global Select Market under the ticker symbol “SANA.”Morgan Stanley, Goldman Sachs & Co. LLC, J.P. Morgan and BofA...
Farmers and Merchants Bancshares, Inc. Reports Earnings of $0.90 Per Share for the Year Ended December 31, 2020
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HAMPSTEAD, Md., Feb. 08, 2021 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the year ended December 31, 2020 was $2,682,003, or $0.90 per common share, compared to $4,560,804, or $1.54 per common share, for the year ended December 31, 2019. Net income for the three months ended December 31, 2020 was $417,394, or $0.14 per common share, compared to $1,060,786, or $0.36 per common share, for the three months ended December 31, 2019. On October 1, 2020, the Company consummated its previously-announced acquisition of Carroll Bancorp, Inc. and Carroll Community Bank (collectively “Carroll”).The Company incurred significant one-time costs of $1,624,496 and $3,236,817 during the three- and 12-months ended December 31, 2020, respectively,...
Leslie’s, Inc. Announces Secondary Offering of Shares
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PHOENIX, Feb. 08, 2021 (GLOBE NEWSWIRE) — Leslie’s, Inc. (the “Company” or “Leslie’s”) (Nasdaq: LESL) today announced that certain of the Company’s stockholders (the “Selling Stockholders”), intend to offer for sale in an underwritten secondary offering 29,000,000 shares of the Company’s common stock (the “Offering”). The Selling Stockholders will also grant the underwriters a 30-day option to purchase up to an additional 4,350,000 shares of common stock. The Selling Stockholders will receive all of the proceeds from the Offering. Leslie’s is not offering any shares of its common stock in the Offering and will not receive any proceeds from the Offering, including from any exercise by the underwriters of their option to purchase additional shares.Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, and BofA Securities are...