Month: February 2021

WEST PALM BEACH, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Mortgage Corporation (“PMC”) priced $400 million aggregate principal amount of 7.875% Senior Secured Notes due 2026 (the “Notes”) at a price to investors of 99.486% of the principal amount thereof. The Notes will be guaranteed on a senior secured basis by the Company and PHH Corporation, the parent company of PMC and subsidiary of the Company (“PHH”).The issuance and sale of the Notes is expected to close on March 4, 2021, subject to customary closing conditions. The net proceeds from the Notes will be used, together with the net proceeds from the Company’s previously announced private placement of $199.5 million aggregate...

FORT LAUDERDALE, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company” or “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobiles, today announced that it has closed its previously announced private placement to a group of institutional investors (the “Investors”), which resulted in gross proceeds to LMP of approximately $20 million, before deducting offering expenses. LMP intends to use the net proceeds to drive growth, including closing on its Stage 1 Acquisitions, which are expected to begin closings in the first week of March, and for working capital purposes.ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole placement agent for the offering.LMP issued and sold...

CALGARY, Alberta, Feb. 26, 2021 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (“Eguana” or the “Company”) (TSX.V: EGT) (OTCQB: EGTYF) will post its financial results for the first quarter of 2021 after close of market on March 1, 2021. Eguana management will host a conference call on Monday March 1st, at 5:00 p.m. eastern time (EST) to discuss the quarter results, provide a business update, and hold a live question and answer period. Registration in advance is required.CONFERENCE CALL DETAILSDate: March 1, 2021Time: 5:00 PM ESTTelephone Access:Canada:+1 438 809 7799 or +1 587 328 1099 or +1 647 374 4685 or +1 647 558 0588 or +1 778 907 2071 or 1-855-703-8985US:+1 253 215 8782 or +1 301 715 8592 or +1 312 626 6799 or +1 346 248 7799 or +1 646 558 8656 or +1 669 900 9128 or 1-877-853-5257To Register in Advance:https://zoom.us/meeting/register/tJcrf-GorjwuEtDPReqeAN5WPZ7LRXC8fKh8To...

Selected Financial IndicatorsSummarized selected financial indicators of the Group for 12 months of 2020 compared to 12 months of 2019 and 31.12.2020 compared to 31.12.2019 were as follows:Financial performanceThe Group`s sales amounted to 38 479 thousand EUR during 12 months of  2020, representing a 32.4% decrease as compared to the same period of previous year. Overall, retail decreased by 32.4%, measured in EUR.The Group’s gross profit during 12 months of 2020 amounted to 23 209 thousand EUR and decrease by 21.7% compared to previous year. The gross margin during 12 months of 2020 increased to 60.3%, from 52.1% in the respective period of previous year.Consolidated operating profit for 12 months of 2020 amounted to 10 544 thousand EUR, compared to 12 712 thousand EUR in 12 months of  2019, decrease by 17.1%. The consolidated operating...

Põhilised finantsnäitajadKontserni 2020. aasta 12 kuu (võrrelduna 2019. aasta 12 kuuga) ja 31.12.2020 (võrrelduna 31.12.2019) põhilised finantsnäitajad on järgmised:MajandustulemusedKontserni 2020. aasta 12 kuu käive moodustas 38 479 tuhat eurot, langus eelmise aasta sama perioodiga võrreldes on 32,4%. Jaemüügi käive vähenes 32,4% võrra, mõõdetuna eurodes.Kontserni 2020. aasta 12 kuu brutokasum oli 23 209 tuhat eurot, vähenedes eelmise aastaga võrreldes 21,7%. Perioodi brutokasumi marginaal suurenes 2020. aasta 12 kuu jooksul 52,1%-lt 60,3%-le.2020. aasta 12 kuu konsolideeritud ärikasum vähenes 17,1% ja ulatus 10 544 tuhande euroni võrreldes 2019. aasta        12 kuu konsolideeritud ärikasumiga summas 12 712 tuhat eurot. 2020. aasta 12 kuu ärikasumi rentaablus oli 27,4% võrreldes 22,3%-ga eelmise aasta samal perioodil. Konsolideeritud...

New York, NY, Feb. 26, 2021 (GLOBE NEWSWIRE) — Cartesian Growth Corporation (the “Company”) announced today the closing of its initial public offering of 34,500,000 units, including 4,500,000 units pursuant to the exercise of the underwriters’ over-allotment option.  The offering was priced at $10.00 per unit generating total gross proceeds of $345,000,000. The Company’s sponsor is an affiliate of Cartesian Capital Group, LLC, a global private equity firm specializing in providing growth capital to transnational businesses.The units are listed on the Nasdaq Capital Market and trade under the ticker symbol “GLBLU.” Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share....

SANTIAGO, Chile, Feb. 26, 2021 (GLOBE NEWSWIRE) — Banco Santander Chile (“Santander Chile” or the “Company”) (NYSE: BSAC; SSE: Bsantander) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2020 (the “2020 Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “SEC”).The 2020 Annual Report can be accessed either by visiting the SEC’s website at www.sec.gov or Santander Chile’s corporate website at www.santander.cl. In addition, shareholders may receive a hard copy of the 2020 Annual Report, which includes the Company’s complete audited financial statements, free of charge by requesting a copy from Robert Moreno in Santander Chile’s Investor Relations Office at + 562 320 8284 or by email at: irelations@santander.cl.CONTACT INFORMATIONRobert MorenoInvestor...

CALGARY, Alberta, Feb. 26, 2021 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT, SUGR.WS, SUGR.DB) (“Sugarbud” or the “Company“) is pleased to announce that it has signed a supply agreement (the “Agreement“) with CannMart Inc. (“CannMart“), a subsidiary of Namaste Technologies Inc. (“Namaste“) (TSXV: N), to provide access to the Company’s Craft Cannabis Collection to registered medical patients nationwide via CannMart’s online medical cannabis sales platform. The Company has also refiled its Management Discussion & Analysis (“MD&A“) for the period ended September 30, 2020.Supply AgreementUnder the terms of the Agreement, Sugarbud will provide CannMart with a wide selection of its Craft Cannabis Collection of products,...

SOUTH SAN FRANCISCO, Calif., Feb. 26, 2021 (GLOBE NEWSWIRE) — Cytokinetics, Incorporated (Nasdaq: CYTK) today announced that on February 26, 2021 it granted stock options to purchase an aggregate of 9,000 shares of common stock to Wing Keung Chiu, a new employee whose employment commenced in February 2021 as a material inducement to his employment. The grant was previously approved by the Compensation and Talent Committee of Cytokinetics’ Board of Directors under the company’s Amended and Restated 2004 Equity Incentive Plan.The stock options that were granted are subject to an exercise price of $18.73 per share, which is equal to the closing price of the Company’s common stock on February 26, 2021, and will vest over 4 years, with 1/4th of the shares underlying the employee’s option vesting on the one-year anniversary of the applicable...