Month: February 2021

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...

HOUSTON, Feb. 11, 2021 (GLOBE NEWSWIRE) — U.S. Energy Corp. (Nasdaq: USEG) (the “Company”), today announced its intention to offer its shares of common stock in an underwritten public offering. In connection with the offering, the Company expects to grant the underwriters a 45-day option to purchase an additional 15% of the shares of its common stock offered in the public offering on the same terms and conditions. The offering is subject to market and other conditions and there can be no assurances as to whether or when the offering may be completed or as to the actual size or terms of the offering.Kingswood Capital Markets, division of Benchmark Investments, Inc., is acting as sole bookrunner for the offering.The offering is expected to close on February 17th, 2021, subject to customary closing conditions.The shares...