Fusion Acquisition Corp. II Announces Pricing of $435 Million Initial Public Offering

Written by Customer Service on February 25, 2021. Posted in Public Companies.

NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) — Fusion Acquisition Corp. II (the “Company”) today announced the pricing of its initial public offering of 43,500,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (“NYSE”) and trade under the ticker symbol “FSNB.U” beginning on February 26, 2021. Each unit consists of one share of Class A common stock and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants will be 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 NYSE under the symbols “FSNB” and “FSNB WS,” respectively.Fusion Acquisition Corp. II is a blank-check company...

Pretivm Reports 2020 Operating and Financial Results; Achieves Guidance, Delivers Record High Free Cash Flow and Significantly Reduces Debt

Written by Customer Service on February 25, 2021. Posted in Public Companies.

Fourth Quarter (“Q4”) and Full Year 2020 (“2020”) Highlights:

II-VI Incorporated Unveils VCSEL Flood Illuminator Modules for Driver and Occupancy Monitoring Systems in Vehicles

Written by Customer Service on February 25, 2021. Posted in Public Companies.

PITTSBURGH, Feb. 25, 2021 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leading provider of semiconductor lasers and micro-optics for consumer electronics, today announced its vertical cavity surface emitting laser (VCSEL) flood illuminator modules for driver and occupancy monitoring systems in vehicles.U.S. and European transportation safety regulators are increasingly recommending or requiring driver and occupancy monitoring systems in vehicles, spurring the demand for next-generation 2D and 3D infrared cameras designed with higher-performance infrared illuminators. II-VI’s new VCSEL flood illuminator modules emit higher optical power and with a narrower spectral width than infrared LEDs currently used in existing driver monitoring systems, enabling substantial improvements in system performance. The infrared light emitted...

Grace Expands Fast Growing Pharma Portfolio through Acquisition of Fine Chemistry Business

Written by Customer Service on February 25, 2021. Posted in Public Companies.

Highly Complementary Bolt-on Acquisition Accelerates Strategy of Building Higher Growth PortfolioAccretive to Revenue Growth Rate, EBITDA Margin and Adjusted EPS in 2021Significantly Strengthens Technology, Product and Manufacturing CapabilitiesCOLUMBIA, Md., Feb. 25, 2021 (GLOBE NEWSWIRE) — W. R. Grace & Co. (NYSE: GRA, the “Company”) today announced that it has entered into a definitive agreement to acquire the Fine Chemistry Services business (“FCS”) of Albemarle Corporation (NYSE: ALB) for approximately $570 million, including $300 million paid in cash at closing and $270 million funded through the issuance to Albemarle of non-participating preferred equity of a newly created Grace subsidiary.The acquisition significantly strengthens and expands Grace’s existing pharma portfolio. Pharma & Consumer is the largest, fastest...

Epiphany Technology Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing March 1, 2021

Written by Customer Service on February 25, 2021. Posted in Public Companies.

NEW YORK, NY, Feb. 25, 2021 (GLOBE NEWSWIRE) — Epiphany Technology Acquisition Corp. (NASDAQ: EPHYU) (the “Company”) announced that, commencing March 1, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock (“Class A Common Stock”) and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Class A common stock and warrants that are separated will trade on the NASDAQ Capital Market under the symbols “EPHY” and “EPHYW,” respectively. Those units not separated will continue to trade on the NASDAQ Capital Market under the symbol “EPHYU.”This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor...

Voxtur Announces Non-Brokered Private Placement of up to $35,000,000

Written by Customer Service on February 25, 2021. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States.TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV:VXTR) (“Voxtur” or “the Company”) is pleased to announce a non-brokered private placement of common shares of the Company (“Common Shares”) for gross proceeds of up to $35,000,000 (the “Offering”), subject to TSX Venture Exchange (the “Exchange”) approval.The Offering shall consist of up to 50,000,000 Common Shares at a price of $0.70 per Common Share.The Offering may close in one or more tranches, with the first tranche of subscriptions for approximately $25,000,000 expected to close in early March.The proceeds from the Offering are expected to be used for future growth opportunities, general working capital and debt repayment.The Company may, in its discretion, pay a finder’s...

Arcutis to Present at the Cowen 41st Annual Health Care Conference

Written by Customer Service on February 25, 2021. Posted in Public Companies.

WESTLAKE VILLAGE, Calif., Feb. 25, 2021 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a late-stage biopharmaceutical company focused on developing and commercializing treatments for unmet needs in immune-mediated dermatological diseases and conditions, or immuno-dermatology, today announced that Arcutis management will participate in a virtual presentation during the Cowen 41st Annual Health Care Conference taking place March 1-4, 2021.Details for the presentation are as follows: Cowen 41stAnnual Health Care Conference Presentation Date: Monday, March 1, 2021 Presentation Time: 12:20 p.m. PT / 3:20 p.m. ETThe presentation will be webcast and may be accessed at the “Events & Presentations” section of the Company’s website at https://investors.arcutis.com/events-and-presentations. Arcutis...

Endeavour Increases 2021 Production Guidance by 50% to 1.4 – 1.5 Million Ounces

Written by Customer Service on February 25, 2021. Posted in Public Companies.

ENDEAVOUR INCREASES 2021 PRODUCTION GUIDANCE BY 50% TO 1.4 – 1.5 MILLION OUNCESSabodala-Massawa expansion underway AISC guidance reduced by $40/oz Exploration budget increased by 40%HIGHLIGHTS 2021 guidance has been updated to reflect the newly integrated Sabodala-Massawa and Wahgnion mines:Production guidance for continuing operations increased by 50% to 1.4 – 1.5MozAISC guidance for continuing operations decreased by $40/oz to $840 – 890/oz2021 exploration budget increased by 40% to $70 – $90m with strong focus on newly acquired assets and greenfield propertiesConstruction for Sabodala-Massawa Phase 1 expansion expected to be completed by year-end; DFS for Phase 2 expansion expected by year-endGeorge Town, February 25, 2021 – Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) is pleased to announce that it has increased...

Eldorado Gold Reports 2020 Year-End and Fourth Quarter Financial and Operational Results

Written by Customer Service on February 25, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) — Eldorado Gold Corporation, (“Eldorado” or “the Company”) today reports the Company’s financial and operational results for the fourth quarter and year ended December 31, 2020. For further information please see the Company’s Consolidated Financial Statements and Management’s Discussion and Analysis filed on SEDAR at www.sedar.com under the Company’s profile.Year-End Financial and Operating Results Overview and Subsequent Period Highlights2020 annual production guidance achieved: Gold production totalled 528,874 ounces in 2020, an increase of 34% from production of 395,331 ounces in 2019. Despite impacts related to COVID-19, annual guidance was maintained and met for the 2020 calendar year.Strong production drives increased cash from operations and free cash flow: Net...

Middlesex Water Announces 2020 Fourth Quarter and Year End Results

Written by Customer Service on February 25, 2021. Posted in Public Companies.

ISELIN, N.J., Feb. 25, 2021 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) today announced financial results for the fourth quarter and year ended December 31, 2020.HIGHLIGHTSNet Income of $38.4 million, up 13.4%.Revenue growth of 5.2% to $141.6 millionDiluted Earnings per share $2.18, up 8.5%2020 OPERATING RESULTSConsolidated operating revenues increased to $141.6 million for the year ended December 31, 2020, up from $134.6 million in 2019. The $7.0 million increase in operating revenues is due to increased water consumption related to higher demand from residential and wholesale customers in our Middlesex system in New Jersey, customer growth in our Delaware water systems and a new contract to operate and maintain the Highland Park, New Jersey water and wastewater systems.Operation and...

Day: February 25, 2021

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