Tokens.com Announces Closing of $25 Million Private Placement

Written by Customer Service on March 16, 2021. Posted in Public Companies.

Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States.TORONTO, March 16, 2021 (GLOBE NEWSWIRE) — Tokens.com Inc. (“Tokens”) and COIN Hodl Inc. (TSXV: COIN) (“COIN”) are pleased to announce the closing of Tokens’ previously announced private placement, pursuant to which it raised aggregate gross proceeds of $25.0 million from the sale of subscription receipts of Tokens (each, a “Subscription Receipt”) at a price of $2.35 per Subscription Receipt (the “Offering”). The Offering was comprised of: (i) a brokered private placement of 8,821,431 Subscription Receipts for aggregate gross proceeds of $20.73 million that closed on March 10, 2021 (the “Brokered Financing”), and (ii) a non-brokered private placement...

Fanhua Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results

Written by Customer Service on March 16, 2021. Posted in Public Companies.

GUANGZHOU, China, March 16, 2021 (GLOBE NEWSWIRE) —Fanhua Inc., (Nasdaq: FANH), (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 20201.Financial Highlights for the fourth quarter of 2020:Financial Highlights for Year 2020:Commenting on the fourth quarter and full year 2020 results, Mr. Chunlin Wang, chairman and chief executive officer said, “In 2020, despite the impact of COVID-19, through integrated offline-to-online operations, Fanhua maintained sound business development and achieved another major milestone in the Company’s history of development, with its total gross written premiums (“GWP”) on regular life insurance in 2020 exceeding RMB10 billion, up 16.3% year-over-year, of which...

Otelco Reports Fourth Quarter and 2020 Financial and Operational Results

Written by Customer Service on March 16, 2021. Posted in Public Companies.

ONEONTA, Ala., March 16, 2021 (GLOBE NEWSWIRE) — Otelco Inc. (NASDAQ: OTEL) (“Otelco” or the “Company”), a wireline telecommunications services provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia, today announced operational and financial results for its fourth quarter and year ended December 31, 2020. Key operational and financial highlights for Otelco include:Total revenues of $15.5 million for fourth quarter 2020 and $62.0 million for 2020.Operating income of $2.8 million for fourth quarter 2020 and $11.5 million for 2020.Net income of $1.4 million for fourth quarter 2020 and $6.3 million for 2020.Consolidated EBITDA (as defined below) of $5.0 million for fourth quarter 2020 and $20.9 million for 2020.Scheduled principal payments of $1.1 million in fourth quarter 2020 and $4.4 million...

Northview Canadian High Yield Residential Fund Announces March Distribution

Written by Customer Service on March 16, 2021. Posted in Public Companies.

Not for distribution to U.S. newswire services or for dissemination in the United States.TORONTO , March 16, 2021 (GLOBE NEWSWIRE) — Northview Canadian High Yield Residential Fund (the “Fund”) today announced its March 2021 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the “Units”), payable on April 15, 2021 to holders of Units of record at March 31, 2021. The distribution amounts will be as follows:C$0.10476 per Class A Unit, representing approximately C$1.26 per Unit on an annualized basis;C$0.11056 per Class C Unit, representing approximately C$1.33 per Unit on an annualized basis;C$0.10807 per Class F Unit, representing approximately C$1.30 per Unit on an annualized basis;About Northview Canadian High Yield Residential FundThe Fund is a “closed-end fund” established...

PhenixFIN Corporation Adopts 10b5-1 Purchase Plan

Written by Customer Service on March 16, 2021. Posted in Public Companies.

NEW YORK, March 16, 2021 (GLOBE NEWSWIRE) — PhenixFIN Corporation (NASDAQ: PFX) (“PhenixFIN” or the “Company”) announced today that it has entered into a 10b5-1 Purchase Plan that qualifies for the safe harbors provided by Rules 10b5-1 and 10b-18 under the Securities Exchange Act of 1934, as amended (the “Plan”). Pursuant to the Plan, an independent broker will make purchases of shares of the common stock (the “Shares”) of the Company, an internally managed business development company, on the open market on behalf of the Company in accordance with purchase guidelines specified in the Plan.The Plan is designed to allow the Company to repurchase its common stock at times when it otherwise might be prevented from doing so under insider trading laws. Under the Plan, pursuant to the Plan guidelines, the agent will increase the volume...

Oil States Announces Offering of $135 Million Principal Amount of Convertible Senior Notes Due 2026

Written by Customer Service on March 16, 2021. Posted in Public Companies.

HOUSTON, March 16, 2021 (GLOBE NEWSWIRE) — Oil States International, Inc. (NYSE:OIS) (the “Company”) announced today that it intends to offer, subject to market and other conditions, $135 million aggregate principal amount of convertible senior notes due 2026 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also expects to grant the initial purchasers of the Notes an option to purchase, during a 13-day period beginning on, and including, the first date on which the Notes are issued, up to an additional $15 million aggregate principal amount of the Notes.The Notes will be senior, unsecured obligations of the Company, with interest payable semi-annually in arrears, and will be...

FutureFuel Releases 2020 Results

Written by Customer Service on March 16, 2021. Posted in Public Companies.

CLAYTON, Mo., March 16, 2021 (GLOBE NEWSWIRE) — FutureFuel Corp. (NYSE: FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced financial results for the fourth quarter and year ended December 31, 2020.Fourth Quarter 2020 Financial Highlights (all comparisons are with the fourth quarter of 2019)Revenues were $49.9 million, up 147.1% from $20.2 millionAdjusted EBITDA was $10.7 million, down 82.9% from $63.1 millionNet income decreased to $5.5 million, or $0.13 per diluted share, from $72.4 million, or $1.65 per diluted share.2020 Financial Highlights (all comparisons are with the year ended December 31, 2019)Revenues were $204.5 million, down 0.4% from $205.2 millionAdjusted EBITDA was $29.2 million, down 63.0% from $78.7 millionNet income decreased to $46.6 million, or $1.06 per diluted...

Nano One Announces $25 Million Bought Deal Offering of Common Shares

Written by Customer Service on March 16, 2021. Posted in Public Companies.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, March 16, 2021 (GLOBE NEWSWIRE) — Nano One® Materials Corp. (“Nano One” or “the Company”) (TSX-V:NNO) (OTC-Nasdaq Intl Designation: NNOMF) (Frankfurt:LBMB), a technology company with a patented and scalable industrial process for the production of low cost, high performance cathode materials used in lithium-ion batteries, today is pleased to announce that it has entered into an agreement with a syndicate of underwriters (collectively, the “Underwriters”) led by TD Securities Inc. and Roth Canada, ULC (the “Joint Bookrunners”) pursuant to which the Underwriters have agreed to purchase on a bought deal basis...

FTAC Parnassus Acquisition Corp. Announces Completion of $250,000,000 Initial Public Offering, Including Exercise of Over-Allotment Option

Written by Customer Service on March 16, 2021. Posted in Public Companies.

PHILADELPHIA, PA, March 16, 2021 (GLOBE NEWSWIRE) — FTAC Parnassus Acquisition Corp. (NASDAQ:FTPAU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more technology and financial services technology companies, today announced the completion of its initial public offering of 25,000,000 units at a price of $10.00 per unit, which includes 3,000,000 units issued pursuant to the exercise of the underwriters’ over-allotment option, for gross proceeds to the Company of $250,000,000. The Company’s units began trading on the Nasdaq Capital Market under the symbol “FTPAU” on March 12, 2021. Each unit issued in the offering consists of one share of Class A common stock of the Company and one-fourth of one warrant, each whole warrant exercisable for one share of Class A common...

Profire Energy Announces Strategic Partnership with Spartan Controls

Written by Customer Service on March 16, 2021. Posted in Public Companies.

LINDON, Utah, March 16, 2021 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the “Company”) that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today announces the signing of a strategic distribution agreement and partnership with Spartan Controls Ltd. (“Spartan”).The Spartan partnership is designed to strengthen existing and new customer and industry relationships by leveraging a significantly increased footprint in Western Canada. The agreement with Spartan provides Profire access to an expanded sales team focused on industrial combustion markets and opportunities. Profire believes this agreement will contribute to the Company’s growth strategy as global economies continue to recover from the Coronavirus pandemic.“Partnering...

Day: March 16, 2021

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