Day: February 9, 2021
SILICON SLOPES, Utah, Feb. 09, 2021 (GLOBE NEWSWIRE) — Pluralsight, Inc. (NASDAQ: PS), the technology workforce development company, today filed an investor presentation highlighting the significant value that the company’s transaction with affiliates of Vista Equity Partners (“Vista”) delivers to shareholders. The Pluralsight Board of Directors recommends that shareholders vote the WHITE proxy card “FOR” all proposals included in Pluralsight’s definitive proxy statement at the upcoming special meeting of shareholders, which will be held on March 2, 2021.The presentation can be found on the investor page of Pluralsight’s website at https://investors.pluralsight.com/investor-relations.The transaction with Vista delivers significant, immediate and certain value to Pluralsight shareholders. As outlined in the presentation, the Pluralsight...
Quantum FinTech Acquisition Corporation Announces Closing of $175 Million Initial Public Offering
Written by Customer Service on . Posted in Public Companies.
Tampa, FL, Feb. 09, 2021 (GLOBE NEWSWIRE) — Quantum FinTech Acquisition Corporation (the “Company”) announced today the closing of its initial public offering of 17,500,000 units at $10.00 per unit. The offering was priced at $10.00 per unit, generating total gross proceeds of $175,000,000.The units are listed on the New York Stock Exchange (“NYSE”) and trade under the ticker symbol “QFTA.U.” 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.Chardan acted as sole book running...
FEMSA Anuncia Conferencia Telefónica para Comentar sus Resultados del Cuarto Trimestre y Año Completo del 2020
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MONTERREY, México, Feb. 09, 2021 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (BMV: FEMSAUBD, FEMSAUB; NYSE: FMX) se complace en invitarle a su Conferencia Telefónica del Cuarto Trimestre y Año Completo del 2020 que se llevará a cabo:Lunes 1 de marzo del 20219:00 AM Tiempo de México(10:00 AM Tiempo de Nueva York)La llamada será dirigida por:Francisco Camacho, Director CorporativoEugenio Garza y Garza, Director de Finanzas y Desarrollo CorporativoJuan Fonseca, Director de Relación con InversionistasLos resultados trimestrales serán publicados el 1 de marzo antes de la apertura de los mercados.Para participar en la conferencia, por favor marque:Internacional: +1 (323) 701 0225Desde los Estados Unidos: (888) 394 8218Número de Conferencia: 2139686Adicionalmente, el audio de la conferencia será transmitido en...
Green Plains Partners Reports Fourth Quarter and Full Year 2020 Financial Results
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Results for the Fourth Quarter of 2020Net income of $10.3 million, or $0.44 per common unitAdjusted EBITDA of $13.8 million and distributable cash flow of $11.3 millionQuarterly cash distribution of $0.12 per unitDistribution coverage ratio of 3.98x, LTM distribution coverage ratio of 3.99xOMAHA, Neb., Feb. 09, 2021 (GLOBE NEWSWIRE) — Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the fourth quarter of 2020. Net income attributable to the partnership was $10.3 million, or $0.44 per common unit, for the fourth quarter of 2020 compared with net income of $10.4 million, or $0.44 per common unit, for the same period in 2019.The partnership also reported adjusted EBITDA of $13.8 million and distributable cash flow of $11.3 million for the fourth quarter of 2020, compared with adjusted EBITDA...
Extraction Oil & Gas Provides 2021 Guidance
Written by Customer Service on . Posted in Public Companies.
DENVER, Feb. 09, 2021 (GLOBE NEWSWIRE) — Extraction Oil & Gas (NASDAQ: XOG) (“Extraction” or the “Company”) today provided guidance for the year ended December 31, 2021, which reflects the Company’s post-emergence business model and focus on maximizing returns and generating free cash flow.Details can be found in the table below:Low cash G&A reflects in part the adoption of leading-edge, primarily stock-based compensation programs for Extraction’s Board and management team, which ensure full alignment between the Company and its investors.Extraction anticipates exiting 2021 with $100-$175 million in net debt. Longer term, Extraction’s strategy is to hold production broadly flat following 2021 with a reinvestment rate below 70 percent of cash flow, and to utilize resulting free cash flow to repay debt and enhance returns...
G Mining Ventures Retains Market-Making Services
Written by Customer Service on . Posted in Public Companies.
BROSSARD, Québec, Feb. 09, 2021 (GLOBE NEWSWIRE) — G Mining Ventures Corp. (the “Corporation”) (TSX-V: GMIN) has, subject to regulatory approval, retained Venture Liquidity Providers Inc. (“VLP”) to initiate its market-making services to provide assistance in maintaining an orderly trading market for the common shares of the Corporation.The market-making services will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd. (“Latimer”), in compliance with the applicable policies of the TSX Venture Exchange (“TSX-V”) and other applicable laws. For VLP’s services, the Corporation has agreed to pay CAD 5,000 per month to VLP for a period of 3 months, which term can be renewed for one-month periods, unless terminated at any time by either party with a 30-day prior notice. The Corporation and VLP act at arm’s length,...
Green Plains Reports Fourth Quarter and Full Year 2020 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Results for the Fourth Quarter of 2020 and Recent Updates:Net loss attributable to the company of $49.6 million, or $(1.43) per diluted share inclusive of $31.3 million of noncash losses consisting of $22.9 million related to the sale of certain assets and $8.4 million related to a valuation allowance on deferred tax assetsAdjusted net loss attributable to the company of $18.3 million or $(0.53) per diluted share exclusive of noted adjustmentsAdjusted EBITDA of $9.4 million, exclusive of a noncash loss of $22.9 million related to the sale of certain assetsConsolidated crush margin of $0.06 per gallon, $0.04 per gallon better than the prior year’s fourth quarterAcquisition of Fluid Quip Technologies LLC in partnership with Ospraie Management and BlackRock secures the cornerstone technology to help accelerate installation of Ultra-High...
A-Mark Precious Metals Reports Fiscal Second Quarter 2021 Results
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EL SEGUNDO, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, reported results for the fiscal second quarter ended December 31, 2020.Fiscal Second Quarter 2021 Financial HighlightsRevenues for the three months ended December 31, 2020 increased 44% to $1.52 billion from $1.06 billion for the three months ended December 31, 2019 and decreased 19% from $1.87 billion for the three months ended September 30, 2020Gross profit for the three months ended December 31, 2020 increased 131% to $18.8 million (1.24% of revenue) from $8.1 million (0.77% of revenue) for the three months ended December 31, 2019 and decreased 48% from $36.1 million (1.94% of revenue) for the three months ended September 30, 2020Net income...
Interfor to Acquire South Carolina Sawmill from WestRock
Written by Customer Service on . Posted in Mergers And Acquisitions.
BURNABY, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that it has reached an agreement with WestRock Company (“WestRock”) (NYSE: WRK) to acquire its sawmill located in Summerville, South Carolina (the “Summerville Mill”) for cash consideration of US$59 million. For the 12 months ended December 31, 2020, the Summerville Mill produced approximately 125 million board feet of lumber. A new permit was received in 2020 that allows for the production of up to approximately 200 million board feet of lumber per year and Interfor has identified a number of operational and capital investment initiatives to optimize and increase production going forward.The Summerville Mill is located 65 miles southwest of Interfor’s Georgetown, South Carolina mill and 115...
Gold Standard Ventures Corp. Announces C$30 Million Bought Deal Financing
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VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — Gold Standard Ventures Corp. (TSX:GSV, NYSE AMERICAN:GSV) (“Gold Standard” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on bought deal basis 34,100,000 common shares (the “Common Shares”) of the Company, at a price of C$0.88 per Common Share for gross proceeds of approximately C$30 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any, and for market stabilization purposes. The offering is expected to close on or about February...