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Day: March 5, 2021

FedNat Holding Company Launches Proposed Public Offering of Common Stock

SUNRISE, Fla., March 05, 2021 (GLOBE NEWSWIRE) — FedNat Holding Company (Nasdaq: FNHC), a regional insurance holding company, announced today that it is commencing a proposed underwritten public offering of its shares of common stock. All of the shares will be offered by the Company. The Company also expects to grant the underwriter a 30-day option to purchase additional shares of common stock in an amount of up to 15% of the number of shares sold in the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.Piper Sandler & Co. is acting as sole bookrunner for the proposed offering.A shelf registration statement on Form S-3 relating to the securities being sold in this offering was...

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Trevena to Release Fourth Quarter and Full Year 2020 Financial Results on March 9, 2021

—Company to host conference call on March 9th, 2021, at 8:00 a.m. ET—CHESTERBROOK, Pa., March 05, 2021 (GLOBE NEWSWIRE) — Trevena, Inc. (Nasdaq: TRVN), a biopharmaceutical company focused on the development and commercialization of novel medicines for patients with central nervous system (CNS) disorders, today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2020, prior to the market open on Tuesday, March 9th, 2021.The Company will host a conference call and webcast with the investment community at 8:00 a.m. ET that same day, featuring remarks by Carrie Bourdow, President and Chief Executive Officer, Bob Yoder, SVP and Chief Commercial Officer, Mark Demitrack, M.D., SVP and Chief Medical Officer, and Barry Shin, SVP and Chief Financial Officer.Additionally,...

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Precast Concrete Market Expected to Hit USD 162.72 Billion Forecast Till 2027 | Fortune Business Insights™

Pune, India, March 05, 2021 (GLOBE NEWSWIRE) — Precast concretes mean mold in the reusable form which can be used to provide a superior level of resistance to insects and mold, or natural disasters, or in case of fires. Unlike other building materials, this concrete is resistant to termites, requires low maintenance, and meager insurance costs. As per a report by Fortune Business Insights,the global precast concrete market size is expected to gain momentum and touch USD 162.72 billion by 2027 on account of the increasing urbanization and a rise in the number of construction activities worldwide.The whole world is facing the widespread pandemic of coronavirus and trying to deal with it by staying safe at homes. However, the extended lockdown period has impacted many businesses, most of which are currently at a halt. International...

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Ocwen Financial Comments on Court Order Granting Ocwen’s Motion for Summary Judgment on Majority of Claims in CFPB Matter

WEST PALM BEACH, Fla., March 05, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the ruling issued on March 4, 2021 by the United States District Court for the Southern District of Florida on the Company’s motion for summary judgment in the action pending with the Consumer Financial Protection Bureau (“CFPB” or “Bureau”). The Court granted judgment in Ocwen’s favor on 9 of the Bureau’s 10 counts regarding alleged servicing misconduct that occurred before February 26, 2017. If the CFPB seeks to pursue any claims under Counts 1-9 based on alleged servicing misconduct which occurred after February 26, 2017, the Court reserved ruling on Ocwen’s remaining grounds for summary judgment pending the...

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TILT Holdings Inc. Announces the Launch of Her Highness NYC Branded THC Products in Massachusetts Market Within 30 Days of Contract Signing

PHOENIX, March 05, 2021 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development, distribution and retail, is pleased to announce the launch of Her Highness NYC (“Her Highness”) branded THC products in Massachusetts. The Company previously announced the signing of an exclusive manufacturing and distribution contract with the provider of the female-forward cannabis couture products inspired and engineered by women on February 4, 2021. Her Highness products are being manufactured and distributed by TILT’s wholly owned subsidiary, Commonwealth Alternative Care, Inc. (“CAC”), located in Taunton.“Going from contract to launch in 30 days with...

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Smart Glass Market Size USD 15,788.0 Million by 2027; Global Industry Share, Trends & Regional Forecast till 2027 | Fortune Business Insights™

Pune, India, March 05, 2021 (GLOBE NEWSWIRE) — The global smart glass market size is projected to reach USD 15,788.0 million by the end of 2027. The increasing investments in the research and development of low cost and efficient products will bode well for market growth. The increasing integration of these glasses in the aerospace industry will have a positive impact on market growth. According to a report published by Fortune Business Insights, titled “Smart Glass Market Size, Share & COVID-19 Impact Analysis, By Technology (Polymer Dispersed Liquid Crystal Glass, Suspended Particle Device Glass, Electrochromic Glass, Photochromic Glass, and Thermochromic Glass), Application (Architectural, Automotive & Transportation, Consumer Electronics, Power Generation, and Others), and Regional Forecast, 2020-2027,” the market...

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Correction: ICG : Total Voting Rights

Intermediate Capital Group PLC (the “Company”)05 March 2021TOTAL VOTING RIGHTS – CORRECTIONIntermediate Capital Group PLC (the “Company”) has made an application for the admission of 2,402 Ordinary Shares of 26 1/4 pence each in the Company which to the Official List of the UK Listing Authority and to trading on the London Stock Exchange, in connection with the exercise of options by certain employees of the Company in relation to The Intermediate Capital Group PLC Save As You Earn Plan 2004 (as amended and updated 2014). Admission of the shares to the Official list is expected to occur on 10 March 2021.The shares are issued fully paid and rank pari passu in all other respects with the existing issued Ordinary Shares of the Company.In addition, the Company wishes to notify the market (as per DTR 5.6.1R) that, as a result...

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Tulikivi Corporation Financial statements release, 1–12/2020: Higher net sales and better operating profit, 5 March 2021 at 1 p.m.

   – Tulikivi-konsernin liikevaihto oli neljännellä vuosineljänneksellä 9,1 Me (8,8 Me 10-12/2019) ja vuonna 2020 liikevaihto oli 29,2 Me (28,7 Me 1-12/2019).      – Tulikivi-konsernin liiketulos oli neljännellä vuosineljänneksellä 0,6 (-0,5) Me ja liiketulos vuonna 2020 oli 1,2 (-0,8) Me. Vuonna 2019 tehtiin liikearvoon 0,8 Me arvonalennus.  – Tulikivi-konsernin vertailukelpoinen liiketulos oli neljännellä vuosineljänneksellä 0,6 (0,4) Me ja vertailukelpoinen liiketulos vuonna 2020 oli 1,2 (0,0) Me.  – Tulikivi-konsernin tulos ennen veroja oli neljännellä vuosineljänneksellä 0,4 (-0,7) Me ja tulos ennen veroja vuonna 2020 oli 0,4 (-1,5) Me.   – Liiketoiminnan nettorahavirta oli neljännellä vuosineljänneksellä 1,1 (1,1) Me ja tilikaudella 2,6 (1,6) Me.   – Tilauskanta oli tilikauden päättyessä 3,2...

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Tulikivi Oyj Tilinpäätöstiedote 1-12/2020: Liikevaihto kasvoi ja liiketulos parani 5.3.2021 klo 13.00

   – Tulikivi-konsernin liikevaihto oli neljännellä vuosineljänneksellä 9,1 Me (8,8 Me 10-12/2019) ja vuonna 2020 liikevaihto oli 29,2 Me (28,7 Me 1-12/2019).      – Tulikivi-konsernin liiketulos oli neljännellä vuosineljänneksellä 0,6 (-0,5) Me ja liiketulos vuonna 2020 oli 1,2 (-0,8) Me. Vuonna 2019 tehtiin liikearvoon 0,8 Me arvonalennus.  – Tulikivi-konsernin vertailukelpoinen liiketulos oli neljännellä vuosineljänneksellä 0,6 (0,4) Me ja vertailukelpoinen liiketulos vuonna 2020 oli 1,2 (0,0) Me.  – Tulikivi-konsernin tulos ennen veroja oli neljännellä vuosineljänneksellä 0,4 (-0,7) Me ja tulos ennen veroja vuonna 2020 oli 0,4 (-1,5) Me.   – Liiketoiminnan nettorahavirta oli neljännellä vuosineljänneksellä 1,1 (1,1) Me ja tilikaudella 2,6 (1,6) Me.   – Tilauskanta oli tilikauden päättyessä 3,2...

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Kaixin Auto Holdings Announces Negotiation of Cooperation Partnership by Haitaoche Limited

BEIJING, March 05, 2021 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that Haitaoche Limited (“Haitaoche”) is engaged in negotiation of a partnership with a leading online retail platform in China to tap into China’s fast-growing e-commerce auto market. Kaixin entered into a definitive share purchase agreement with the shareholders of Haitaoche on December 31, 2020, pursuant to which Kaixin will acquire 100% of the share capital of Haitaoche from the shareholders of Haitaoche.1Through the cooperative partnership under negotiation, Haitaoche aims to gain access to China’s fast-growing e-commerce auto sales market and tap into diversified revenue source and growth opportunities by leveraging its rich resources and expertise in consumer vehicle sales and full range of value-added services....

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