Day: February 11, 2021

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) — Applied Therapeutics, Inc. (NASDAQ: APLT) (the “Company”), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced the pricing of its underwritten public offering of 3,000,000 shares of its common stock, par value $0.0001 per share, at a price to the public of $23.00 per share. The gross proceeds to the Company from the offering, before deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be $69 million. The Company has granted the underwriters a 30-day option to purchase up to 450,000 additional shares of its common stock at the price to the public, less underwriting discounts and commissions.The...

Калхун, Джорджия, Feb. 12, 2021 (GLOBE NEWSWIRE) — Компания Mohawk Industries, Inc. (NYSE: MHK) объявила о назначении James F. Brunk финансовым директором, он вступит в должность 1 апреля 2021 г.«Я работал с Джимом много лет и я уверен, что он отлично справится с работой в качестве финансового директора, – сказал Jeff Lorberbaum, председатель совета директоров и главный исполнительный директор компании Mohawk. -Он обладает глубокими знаниями наших операций по всему миру, и он положительно повлияет на результаты нашей деятельности. Его опыт в области финансового планирования и анализа, слияний и поглощений, бухгалтерского учета и отношений с инвесторами был накоплен на протяжении трех десятилетий его карьеры».С мая 2009 года 55-летний Brunk работал корпоративным контролером и главным бухгалтером компании Mohawk. Он присоединился...

Crystal Bay, Nevada, Feb. 11, 2021 (GLOBE NEWSWIRE) — Evo Acquisition Corp. (the “Company”) (NASDAQ: EVOJU), announced the closing of its upsized initial public offering of 12,500,500 units, at $10.00 per unit, including 1,630,500 units pursuant to the full exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $125,005,000.The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on companies in the technology and financial sectors, including companies with a nexus to Japan....

(All monetary figures are expressed in U.S. dollars unless otherwise stated)TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today announced its operating and financial results for the fourth quarter and twelve months ending December 31, 2020.Annual Financial and Operating Highlights:Record gold production – Strong operating performance continued in the fourth quarter and contributed to record gold annual production of 298,289 ounces, at the top end of 2020 guidance. Copper production of 35.6 million pounds was in line with 2020 guidance;Solid smelter performance – Achieved throughput of 231,890 tonnes at Tsumeb, in line with 2020 guidance;Strong cost performance at all operations – Cost of sales of $330.9 million, up $36.4 million from 2019 reflecting a full year of operation...

CHARLOTTESVILLE, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) — Diffusion Pharmaceuticals Inc. (NASDAQ: DFFN) (“Diffusion” or the “Company”), an innovative clinical stage biopharmaceutical company developing novel therapies to enhance the diffusion of oxygen to tissues with low oxygen levels, announced today that it has entered into an underwriting agreement with H.C. Wainwright & Co. under which the underwriter has agreed to purchase on a firm commitment basis 9,756,098 shares of common stock of the Company at a price to the public of $1.025 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about February 17, 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...

Amendment reflects increasing bondholder support of 92%Conversion price of new notes set at high end of collar at $3.00, protecting shareholder equityHOUSTON, Feb. 11, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) today announced an amendment to the Restructuring Support Agreement that, together with a separate support agreement with Mr. James Lapeyre, reflects increasing bondholder support to 92%, from 84% at the time of the initial announcement, and includes finalized pricing terms. Based on the 20 trading day VWAP since the initial announcement, the price to purchase new shares of stock through the rights offering was set at $2.57 and the conversion price of the new 8% Senior Secured Second Priority Notes due 2025 (the “New Notes”) was set at the high end of the collar at $3.00.  The Company also entered into...

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) — Broadscale Acquisition Corp. (the “Company”) today announced the pricing of its upsized initial public offering of 30,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Capital Market and trade under the ticker symbol “SCLEU” beginning February 12, 2021. Each unit consists of one share of Class A common stock of the Company and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock of the Company at a price of $11.50 per share, subject to adjustment, and only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on The Nasdaq Capital Market under the symbols “SCLE” and...

TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2021 third quarter and nine months ended December 31, 2020 as well as material events which occurred subsequent to quarter end. (All figures are in Canadian dollars unless otherwise stated)HighlightsDecember 31, 2020 book value was $843.0 million or $55.98 per share versus $868.5 million or $57.67 per share as at September 30, 2020. During the quarter, Clairvest paid a $5.00 per share special dividendNet income for the quarter ended December 31, 2020 was $49.9 million or $3.32 per share. For the nine months ended December 31, 2020, net income was $90.1 million or $5.98 per shareClairvest and Clairvest Equity Partners V (“CEP V”) completed the sale of Right Time Heating and Air Conditioning (“Right Time”) for a 4.7x multiple...

STAMFORD, Conn., Feb. 11, 2021 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE: IHC) today announced that fueled by record growth in pet acquisition and registration, the American Kennel Club (AKC®), the leading advocate for dogs, and PetPartners, Inc. (PPI), its longtime administrator of AKC Pet Insurance (insurance underwritten by Independence American Insurance Company), announced an expanded licensing and marketing agreement which takes their relationship to an unprecedented new level.The expanded agreement will feature marketing campaigns that highlight pet health and wellness, but also protect against the financial burden that comes with the rising cost of veterinary services. AKC and PPI have been partnering in pet insurance since 2003 and remain dedicated to advocating for pets to receive quality, and timely medical...

MADISON, Wis., Feb. 11, 2021 (GLOBE NEWSWIRE) — Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation and management solutions as well as virtual and hybrid events, today announced consolidated financial results for its fiscal 2021 first quarter ended December 31, 2020.Fiscal 2021 First Quarter HighlightsTotal revenues of $9.2 million compared to $8 million in the first quarter of 2020, a 14 percent increaseGross margin was $6.8 million, or 74 percent in the first quarter of 2021 compared to $5.8 million, or 73 percent in the first quarter of 2020Net income attributable to common stockholders of $632,000, or $0.08 per share, compared to a net loss of $(820,000), or $(0.12) per share, in the first quarter of 2020, an improvement of $1.5 millionAdjusted EBITDA of $1.3 million for the first quarter of 2021...