Portman Ridge Finance Corporation Announces Distribution of $0.06 per Share

Written by Customer Service on February 12, 2021. Posted in Public Companies.

NEW YORK, Feb. 12, 2021 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”), a business development company, today announced that its Board of Directors approved a cash distribution of $0.06 per share of common stock. The distribution is payable on March 2, 2021, to shareholders of record at the close of business on February 22, 2021.Portman Ridge maintains a Dividend Reinvestment Plan (“DRIP”) that provides for reinvestment of distributions on behalf of the Company’s stockholders, unless a stockholder elects to receive cash. Accordingly, if Portman Ridge declares a cash distribution, stockholders who have not “opted out” of the DRIP will have their cash distributions automatically reinvested in additional shares of the Company’s common stock, rather than receiving cash. Please...

Clarity Gold Secures Drill Contractor

Written by Customer Service on February 12, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 12, 2021 (GLOBE NEWSWIRE) — Clarity Gold Corp. (“Clarity” or the “Company”) (CSE: CLAR, OTC: CLGCF, FSE: 27G) is pleased to announce that it has secured Forage Val d’Or as the drill contractor for the Destiny Project (“Destiny” or the “Project”) located 75 km northeast of Val d’Or, Quebec within the prolific Abitibi Greenstone Gold Belt. Forage Val d’Or is a local drill contractor based in the mining and exploration hub of Val d’Or, Quebec with ample experience operating in the Abitibi Region, and previously drilled for previous operators of the Destiny Project.The contract with Forage Val d’Or is for an initial 10,000 m of diamond drilling which will be designed to test several priority targets generated by Clarity’s team for the Company’s maiden drilling campaign on the Destiny Project. The campaign...

Assertio Holdings, Inc. Announces Closing of Registered Direct Offering of $34.3 Million

Written by Customer Service on February 12, 2021. Posted in Public Companies.

LAKE FOREST, Ill., Feb. 12, 2021 (GLOBE NEWSWIRE) — Assertio Holdings, Inc. (“Assertio” or the “Company”) (NASDAQ: ASRT) today announced that it closed its previously announced registered direct of common stock at a purchase price of $0.98 per share for gross proceeds of approximately $34.3 million.Roth Capital Partners acted as the sole placement agent in connection with the offering. After the placement agent fees and estimated offering expenses payable by the company, the company received net proceeds of approximately $32.1 million.The Company intends to use the net proceeds from the offering for general corporate purposes, including general working capital.The securities described above were being offered pursuant to a shelf registration statement on Form S-3 (File No. 333-252368), which was declared effective by the U.S. Securities...

Surgalign Holdings, Inc. Announces Record Date and Annual Meeting Date

Written by Customer Service on February 12, 2021. Posted in Public Companies.

DEERFIELD, Ill., Feb. 12, 2021 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc. (Nasdaq: SRGA), a global surgical implant company (the “Company”), today announced that its 2021 Annual Meeting of Stockholders (the “Annual Meeting”) will be held virtually on May 4, 2021 at 9:00 A.M. Central Time. Holders of record of the Company’s common stock at the close of business on March 15, 2021, the record date, are entitled to notice of and to vote upon matters considered at the Annual Meeting.To be timely, pursuant to the Company’s Bylaws and Rule 14a-8 of the Securities Exchange Act of 1934, as amended, any notice of business or nominations with respect to the Annual Meeting must be received by no later than 5:00 P.M. Central Time on February 22, 2021. Any such stockholder proposal must be submitted and must comply with the applicable rules...

Autolus Announces Closing of Public Offering and Full Exercise of Option to Purchase Additional ADSs

Written by Customer Service on February 12, 2021. Posted in Public Companies.

LONDON, Feb. 12, 2021 (GLOBE NEWSWIRE) — Autolus Therapeutics plc (Nasdaq: AUTL), a clinical-stage biopharmaceutical company developing next-generation programmed T cell therapies, today announced the closing of its previously announced underwritten public offering in the United States of 16,428,572 American Depositary Shares (“ADSs”) representing 16,428,572 ordinary shares, including the exercise in full by the underwriters of their option to purchase an additional 2,142,857 ADSs, at a public offering price of $7.00 per ADS. The gross proceeds to Autolus from the offering, before underwriting discounts and commissions and other offering expenses payable by Autolus, were approximately $115.0 million.J.P. Morgan and Wells Fargo Securities acted as joint bookrunners for the offering. Kempen & Co, Mizuho Securities and Needham...

TAAT™ E-Commerce Launching Wednesday February 17, Availing Original, Smooth, and Menthol to Majority of Smokers Aged 21+ Across the U.S.

Written by Customer Service on February 12, 2021. Posted in Public Companies.

At 9:00 am EST on Wednesday February 17, 2021, the TAAT™ e-commerce portal will launch and allow smokers aged 21+ in eligible1U.S. states to purchase TAAT™ Original, Smooth, and Menthol by the carton. With TAAT™ products currently sold at retail throughout the state of Ohio, the Company believes that selling TAAT™ online could accelerate its entry into new markets across the United States and potentially provide valuable insights regarding the performance of TAAT™ in each new market. Moreover, online sales of TAAT™ will run concurrently with a phased nationwide retail rollout to be undertaken by CROSSMARK (who directly services over 100,000 convenience stores across the United States), which can allow for these initiatives to complement each other and maximize their collective value.LAS VEGAS and VANCOUVER, British Columbia, Feb. 12,...

Azincourt Energy Announces Increase in Private Placement

Written by Customer Service on February 12, 2021. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Feb. 12, 2021 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ), is pleased to announce that it has increased the size of its ongoing non-brokered private placement to primarily accommodate additional institutional demand. The Company will now offer up to 100,000,000 non-flow-through units (each, an “NFT Unit”) at a price of $0.05 per NFT Unit for gross proceeds of up to $5,000,000. In addition, the Company will concurrently offer up to 2,000,000 flow-through units (each, an “FT Unit”) at a price of $0.05 per FT Unit.Each NFT Unit and FT Unit consists of one common share of the Company and one common share purchase warrant (each, a “Warrant”). Each warrant entitles the holder to acquire...

Vallon Pharmaceuticals Announces Closing of Initial Public Offering

Written by Customer Service on February 12, 2021. Posted in Public Companies.

PHILADELPHIA, PA, Feb. 12, 2021 (GLOBE NEWSWIRE) — Vallon Pharmaceuticals Inc. (NASDAQ: VLON) (“Vallon” or the “Company”), a clinical-stage biopharmaceutical company primarily focused on the development of novel drugs that are designed to deter abuse in the treatment of CNS disorders, today announced the closing of its initial public offering of 2,250,000 shares of common stock at a public price offering of $8.00 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Vallon, were $18.0 million. In addition, Vallon has granted the underwriters a 45-day option to purchase up to an additional 337,500 shares of Vallon’s common stock at the initial public offering price, less underwriting discounts and commissions.Vallon’s common stock began trading...

Labor SMART, Inc. CEO Provides Update

Written by Customer Service on February 12, 2021. Posted in Public Companies.

ATLANTA, Feb. 12, 2021 (GLOBE NEWSWIRE) — Labor SMART, Inc. (LTNC) (the “Company”), a leader in providing on-demand blue collar staffing primarily in the southeastern United States, today provided the following update.On September 16, 2020, the US Securities and Exchange Commission adopted changes to Rule 15c2-11. Per the SEC release (https://www.sec.gov/news/press-release/2020-212), the amended rule is intended to enhance disclosure and investor protection in the OTC market. Specifically, the amended rule requires that information about the issuer and its securities be current and publicly available before a broker-dealer can begin quoting that security; (2) limit broker-dealers’ reliance on certain of the Rule’s exceptions when issuer information is not current and publicly available.Commenting on the changes, Ryan Schadel, President...

Neovasc Announces Closing of US$72 Million Registered Direct Offering of Common Shares Priced At-The-Market

Written by Customer Service on February 12, 2021. Posted in Public Companies.

VANCOUVER, CANADA, Feb. 12, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Neovasc Inc. (“Neovasc” or the “Company”) (Nasdaq: NVCN / TSX: NVCN) announced today that it has closed its previously announced sale of an aggregate of 36,000,000 common shares at a purchase price of US$2.00 per common share in a registered direct offering (the “Offering”) priced at-the-market under the Nasdaq Capital Market (the “Nasdaq”) rules for aggregate gross proceeds to the Company of approximately US$72 million, before deducting placement agent’s fees and estimated expenses of the Offering payable by the Company.H.C. Wainwright & Co. acted as the exclusive placement agent for the Offering.Each common share was sold with 0.50 of a common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to...

Day: February 12, 2021

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