Month: February 2021

TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Itafos (TSX-V: IFOS) (the “Company”) announced today the appointment of David Brush as Chief Strategy Officer, effective January 1, 2021. Mr. Brush has been serving as a consultant since December 1, 2020. In his role as Chief Strategy Officer, Mr. Brush will be responsible for strategy development and implementation, including related capital structuring and corporate development initiatives.“We are pleased to bolster our management team by adding Dave’s experience and expertise in strategy, finance and operations. Dave will be instrumental as we look to improve our capital structure and pursue growth opportunities in the agricultural sector,” said G. David Delaney, CEO of Itafos.Mr. Brush is a senior executive with over 30 years’ experience in all aspects of global business operations,...

WESTLAKE VILLAGE, Calif,, Feb. 02, 2021 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (“Arcutis”) (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 the pricing of its upsized underwritten public offering of 5,500,000 shares of its common stock at a public offering price of $35.00 per share. In addition, Arcutis has granted the underwriters a 30-day option to purchase up to an additional 825,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds to Arcutis from the offering are expected to be $192.5 million, before deducting underwriting discounts and commissions and estimated offering expenses...

IRVINE, Calif., Feb. 02, 2021 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), engineering services and hardware for Edge Computing, the Internet of Things (IoT) and Remote Environment Management (REM), today named SAPPLY as its Australasia Distributor. SAPPLY is now offering Lantronix’s complete portfolio of software, hardware, and services.“We are pleased to add SAPPLY to our network of authorized distributors,” said Roger Holliday, VP of Worldwide Sales at Lantronix. “They will provide support to our growing customer base in the Australasia region.”“Lantronix’s cutting-edge technologies and services deliver a holistic approach to connectivity by integrating software, hardware and application development,” said Neil Woolley, director of SAPPLY. “As Lantronix’s Australasian distributor,...

SAN ANTONIO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT) today announced that its wholly owned subsidiary Rackspace Technology Global, Inc. (the “Company”) has priced its offering of $550.0 million aggregate principal amount of 3.50% First-Priority Senior Secured Notes due 2028 (the “Notes”) at an issue price of 100.000%. The closing of the offering is expected to occur on February 9, 2021 and is subject to customary closing conditions.The Company intends to use the net proceeds from the offering, together with borrowings under a new senior secured first lien term loan facility, to repay the borrowings outstanding under its existing term loan facility, to pay related fees and expenses and for general corporate purposes.The Notes are being offered only to persons reasonably believed to be qualified...

TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Caldas Gold Corp. (TSX-V: CGC; OTCQX: ALLXF) announced today that it has received official notification from the Agencia Nacional de Mineria (“ANM”) confirming that the 30-year extension of its Marmato mining contract 014-89M has been approved and has been registered in the Colombian National Mining Registry.Serafino Iacono, Chairman and CEO of Caldas Gold, said, “We are very pleased to announce the successful conclusion of the mining title extension process. Marmato is a world class project and our significant investment in the future expansion of its underground mining operations will benefit all stakeholders including our investors, the nation of Colombia, the Department of Caldas and the local community at Marmato. We would like to take this opportunity to sincerely thank all those who...

New York , Feb. 02, 2021 (GLOBE NEWSWIRE) — The Music Acquisition Corporation (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “TMAC.U” beginning on February 3, 2021. Each unit consists of one share of Class A common stock and one-half 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. After 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 “TMAC” and “TMAC WS,” respectively. The offering is expected to close on February 5, 2021, subject to customary closing...

To date, 84% of skilled nursing residents and 61% of skilled nursing staff have been vaccinated; Staff acceptance rates far exceed national average as reported by CDCKENNETT SQUARE, Pa., Feb. 02, 2021 (GLOBE NEWSWIRE) — Genesis HealthCare, (“Genesis” or “Company”) (NYSE: GEN), one of the largest post-acute care providers in the United States, announced today that 84% of its skilled nursing residents and 61% of skilled nursing staff members have been vaccinated, each receiving their first dose of the COVID-19 vaccine, through January 29, 2021. Staff vaccine acceptance rates far exceed the national average, and resident acceptance rates at Genesis skilled nursing centers were also above the national average, based on vaccine administration data in an analysis published by the Centers for Disease Control and Prevention (CDC).On February...

ATHENS, Greece, Feb. 02, 2021 (GLOBE NEWSWIRE) — Growth Capital Acquisition Corp. (NASDAQ: GCACU) (“Growth Capital” or the “Company”) today announced the closing of its initial public offering of 17,250,000 units, which included 2,250,000 units sold upon the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit, resulting in total gross proceeds of $172.5 million. The units commenced trading on the Nasdaq Capital Market (“Nasdaq”) on January 29, 2021 under the symbol “GCACU”. Each unit consisted of one share of Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin...

MEMPHIS, Tenn., Feb. 02, 2021 (GLOBE NEWSWIRE) — William Losch, Chief Financial Officer, of First Horizon Corporation (NYSE:FHN) will participate in a virtual conference with KBW on February 11, 2021 at 1:15 p.m. Eastern Time.A link to the conference will be available to the public via live webcast with audio replay available for 14 days after the event. Links to the webcast, both live and archived, along with the materials for the event will be available in the events and presentations section of http://ir.fhnc.com.The presentation and any related materials may contain forward-looking statements, including guidance, involving significant risks and uncertainties, which will be identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “should,”...

Dollars in thousands except per share amounts. Certain items in the prior period financial statements have been reclassified to conform with the December 31, 2020 presentation.FENTON, Mich., Feb. 02, 2021 (GLOBE NEWSWIRE) — Fentura Financial, Inc. (OTCQX: FETM) announces quarterly results of net income of $2,733 and $15,464 for the three and twelve month periods ended December 31, 2020.Ronald Justice, President and CEO, stated “We are very pleased to report a solid quarter and another year of strong financial performance despite the many challenges presented by the COVID-19 pandemic. The extraordinary efforts of the Fentura team in implementing strategies to respond to the pandemic, allowed us to continue to effectively operate and meet all the banking needs of our clients and to support the communities we serve.”Following...