Ocwen Financial Announces Agreement With Oaktree for Additional $250 Million Investment and Preliminary Fourth Quarter Results

Written by Customer Service on February 9, 2021. Posted in Public Companies.

Executed agreement with Oaktree follows rigorous strategic review processContinued profitability improvement and originations volume growthTransformed into balanced and diversified originator and servicer positioned for profitable growthWEST PALM BEACH, Fla., Feb. 09, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced it has executed an agreement with special purpose entities owned by funds and accounts managed by Oaktree Capital Management, L.P. (“Oaktree”) for a debt investment in the Company that would generate $250 million in proceeds, and provided preliminary information regarding its fourth quarter 2020 results. A presentation with additional detail regarding today’s announcement will be available on the Ocwen Financial...

Enlivex Announces $10 Million Bought Deal Offering of Ordinary Shares

Written by Customer Service on February 9, 2021. Posted in Public Companies.

Nes Ziona, Israel, Feb. 09, 2021 (GLOBE NEWSWIRE) — Enlivex Therapeutics Ltd. (NASDAQ: ENLV), a clinical-stage macrophage reprogramming immunotherapy company targeting diseased macrophages in patients with sepsis, COVID-19 and solid tumors, 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 500,000 ordinary shares, par value NIS 0.40 per share, of the Company at a price to the public of $20.00 per ordinary share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about February 12, 2021, subject to satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the sole book-running manager for the offering.The Company also has granted...

Post Holdings Launching Corporate-Sponsored SPAC

Written by Customer Service on February 9, 2021. Posted in Public Companies.

ST. LOUIS, Feb. 09, 2021 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST) (“Post”), a consumer packaged goods holding company, today announced that one of its subsidiaries, Post Holdings Partnering Corporation (“PHPC”), a newly formed special purpose acquisition company, filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) in connection with a proposed initial public offering. The proposed offering is subject to, among other things, completion of the SEC review and comment process.PHPC intends to raise $400.0 million in the proposed offering through the sale of units consisting of common stock and warrants to purchase common stock. PHPC also expects to grant the underwriters an option to purchase up to an additional 15% of the units in the proposed offering.PHPC intends to partner with...

Tucows Announces $40 Million Stock Buyback Program

Written by Customer Service on February 9, 2021. Posted in Public Companies.

TORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Tucows Inc. (NASDAQ: TCX, TSX: TC) announced today that its Board of Directors has approved a stock buyback program to repurchase, from time to time, up to $40 million of its common stock in the open market.The new $40 million buyback program will commence February 10, 2021 and will terminate on or before February 9, 2022. Purchases for the new buyback program will be made exclusively through the facilities of the Nasdaq Capital Market. The previously announced $40 million buyback program for the period February 13, 2020 to February 12, 2021 has been terminated.All shares purchased by Tucows under the stock buyback program will be retired and returned to treasury.The timing and exact number of common shares purchased will be at Tucows’ discretion and will depend on available cash and market...

Evolving Gold settles Debt

Written by Customer Service on February 9, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — Evolving Gold Corp. (CSE: EVG) (FSE: EV71) (OTCB: EVOGF) (the “Company” or “EVG”) announces that it has entered into an agreement to settle $67,380 of debt owing to a single creditor, through the issuance of 147,616 common shares.All shares will be subject to a four month hold period from the date of issuance.On Behalf of the Board of DirectorsEVOLVING GOLD CORP.“Charles Jenkins”Director and Acting CEOEmail: info@evolvinggold.comWeb: www.evolvinggold.comNeither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Finning reports Q4 and Annual 2020 results

Written by Customer Service on February 9, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning”, “the Company”, “we”, “our” or “us”) reported fourth quarter and annual 2020 results today. All monetary amounts are in Canadian dollars unless otherwise stated.HIGHLIGHTSAll comparisons are to Q4 2019 and annual 2019 results unless indicated otherwise.Q4 2020 EPS(1) of $0.45 represented a 45% increase from Q4 2019 and included $0.07 of Canada Emergency Wage Subsidy (“CEWS”). Q4 2020 Adjusted EPS(2)(3) was $0.38, 25% higher than Q4 2019.Q4 2020 revenue was $1.7 billion, and net revenue(2) of $1.6 billion was down 12% from Q4 2019, as increased revenue in the UK & Ireland was offset by reduced market activity in Canada and South America. Compared to Q3 2020, net revenue increased by 7%, with growth in all regions.Gross...

Silvercorp Receives Mining License Renewal and Extension

Written by Customer Service on February 9, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) announces that the Tieluping-Longmen (“TLP-LM”) Mining License for the TLP, LME and LMW mines in the Ying Mining District has been renewed and extended for a period of 20 years (expiration February 26, 2041) by the Department of Natural Resources, Henan Province, China. As the renewal was approved on the basis of a resource estimation report in China Standards which was filed by the Company with the Henan provincial government in 2014, a new resource estimation report must be prepared and filed within two years of this renewal.The TLP-LM Mining License covers 22.7631 square kilometres and forms part of the Ying Mining District’s four contiguous mining licenses totaling...

VISLINK TECHNOLOGIES, INC. ANNOUNCES CLOSING OF $50 MILLION REGISTERED DIRECT OFFERING PRICED AT-THE-MARKET UNDER NASDAQ RULES

Written by Customer Service on February 9, 2021. Posted in Public Companies.

HACKETTSTOWN, NJ, Feb. 09, 2021 (GLOBE NEWSWIRE) — Vislink Technologies, Inc. (NASDAQ: VISL) (“Vislink”, “VISL” or “the Company”), the global technology leader in collection, delivery and management of high quality, live video and associated data, today announced that it has closed its previously disclosed offering for the purchase and sale of 18,181,820 shares of its common stock and common stock warrants to purchase up to 9,090,910 shares of common stock at a combined purchase price of $2.75 per share in a registered direct offering.A.G.P./Alliance Global Partners acted as sole placement agent for the offering.This offering was made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-238013) previously filed with the U.S. Securities and Exchange Commission (the “SEC”)...

Andy Hurley Named Agenus Chief Commercial Officer

Written by Customer Service on February 9, 2021. Posted in Public Companies.

LEXINGTON, Mass., Feb. 09, 2021 (GLOBE NEWSWIRE) — Agenus Inc. (NASDAQ: AGEN), an immuno-oncology company with an extensive pipeline of checkpoint antibodies, cell therapies, adjuvants, and vaccines designed to activate immune response to cancers and infections, today announced the appointment of Andy Hurley as its Chief Commercial Officer.“We welcome Andy Hurley as we transition into a commercial stage company with a robust research and clinical pipeline,” said Garo Armen, PhD, Chairman and CEO of Agenus. “Andy’s experience and passion in successfully commercializing biopharmaceutical agents and his excitement about our portfolio made him a natural fit to join our team.”“I am excited to join Agenus, one of the true pioneers in immuno-oncology, to lead the efforts for its first potential commercial product launch and to help...

Tucows Reports Financial Results for Fourth Quarter 2020

Written by Customer Service on February 9, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Tucows Inc. (NASDAQ:TCX, TSX:TC), a provider of network access, domain names and other Internet services, today reported its financial results for the fourth quarter ended December 31, 2020. All figures are in U.S. dollars.COVID-19: Tucows shareholders and prospective investors are encouraged to read Tucows’ public statement regarding COVID-19, which is available here: https://bit.ly/2LavpOc.Note on the Financial Impact of Tucows’ Sale of Ting Mobile Customer Relationships and Transition to Mobile Services Enabler Platform:As previously announced, effective August 1, 2020 most of Tucows’ mobile customers relationships were sold to DISH Networks (“DISH”) as part of Tucows’ transition of its mobile business to a Mobile Services Enabler (MSE) model from a Mobile Virtual Network Operator (MVNO)...

Day: February 9, 2021

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