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Day: March 22, 2021

ION awarded extension of Gemini source deployment by Super Major

HOUSTON, March 22, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) today announced that the Super Major currently deploying the Company’s Gemini™ extended frequency source on a proprietary survey has elected to extend the successful technology deployment. The Company reported the original Middle East deployment in January. The extension will nearly double the duration and area of the original commercial program, validating the technology’s commercial readiness, data quality, and operational and environmental benefits. In today’s rapidly evolving energy landscape, E&P customers are seeking the most effective technologies to help rebalance their portfolios and achieve optimal ROI from their assets throughout the energy transition. Many of the attractive geographies for continued E&P investment coincide with...

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Newtek Business Services Corp.’s Portfolio Company Hires David Simon as Chief Operating Officer of Newtek Merchant Solutions

BOCA RATON, Fla., March 22, 2021 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that David Simon has joined Newtek Merchant Solutions (“NMS”), one of Newtek’s payment processing portfolio companies, as Chief Operating Officer. Mr. Simon will also join Newtek Business Services Corp. in the role as advisor to Newtek’s CEO. Mr. Simon comes to NMS with over 25 years’ experience in financial services and banking, with an extensive background in electronic payments, banking, and credit, debit and prepaid cards across consumer, small businesses and corporate finance sectors. Most recently, Mr. Simon was Senior Vice President, Global Head of Small Business and Medium Enterprises (SME) at Visa, Inc, where he was the global business leader for...

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Viant Announces Fourth Quarter and Full Year 2020 Financial Results

IRVINE, Calif., March 22, 2021 (GLOBE NEWSWIRE) — Viant Technology Inc. (NASDAQ: DSP), a leading people-based advertising software company, today announced financial results for its fourth quarter and fiscal year ended December 31, 2020. “We are excited to report our first quarterly earnings as a public company, having completed our successful IPO in February,” stated Tim Vanderhook, Co-founder and CEO of Viant.  “2020 was a transformational year for Viant and the advertising industry as marketers responded to the impact of the global pandemic.  We exited the year with strong momentum, particularly in connected TV, and we are seeing signs of recovery in several verticals that were negatively impacted by the pandemic.  With our people-based approach to digital advertising, we believe we are uniquely well positioned to benefit from...

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Newtek Business Services Corp. Increases its 2021 Annual Dividend Forecast to a Range of $2.40 to $2.90 per Share

BOCA RATON, Fla., March 22, 2021 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that it is increasing its 2021 annual dividend forecast to a range of $2.40 to $2.901 per share, from the previous 2021 annual dividend forecast range of $2.00 to $2.50 per share. The midpoint of the 2021 annual dividend forecast range would represent an approximate 29% increase over the 2020 annual dividend. Barry Sloane, Chairman, President and Chief Executive Officer said, “After what had been an unprecedented year, and one of the most challenging in our 23-year operating history, I am pleased to say that we are extremely positive about the year ahead and feel that we are well positioned to capture market opportunities. As such, we are forecasting a record...

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Verrica Announces Proposed Public Offering of Common Stock

WEST CHESTER, Pa., March 22, 2021 (GLOBE NEWSWIRE) — Verrica Pharmaceuticals Inc. (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced that it intends to offer and sell, subject to market conditions, shares of its common stock in an underwritten public offering.  All of the shares of common stock to be sold in the offering will be offered by Verrica. Verrica also intends to grant the underwriters a 30-day option to purchase up to 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 conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. Jefferies LLC, Cowen and Company,...

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Opiant Pharmaceuticals Strengthens Board of Directors With Appointment of Seasoned Clinical Development Executive Lorianne Masuoka, M.D.

SANTA MONICA, Calif., March 22, 2021 (GLOBE NEWSWIRE) — Opiant Pharmaceuticals, Inc. (“Opiant”) (NASDAQ: OPNT), a specialty pharmaceutical company developing medicines to treat addictions and drug overdose, today announced the appointment of Lorianne Masuoka, M.D., to its Board of Directors, effective immediately. Dr. Masuoka will establish and chair a science and technology Board Committee. “We are delighted to welcome Dr. Masuoka to the Opiant Board of Directors,” said Roger Crystal, M.D., President and Chief Executive Officer of Opiant. “Dr. Masuoka’s extensive experience successfully expanding the depth and value of development pipelines of several biotech companies will be incredibly valuable to Opiant as we advance our mission to develop new medicines for the potential treatment of addictions and drug overdose.” “I am excited...

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Chiasma Presents Long-Term Safety and Efficacy Data from the Open-Label Extension Study of its CHIASMA OPTIMAL Phase 3 Trial Evaluating MYCAPSSA® in Patients with Acromegaly at ENDO 2021

–93% of all patients who enrolled as a responder to MYCAPSSA®maintained their biochemical response at the end of the 48-week open-label extension (OLE) period– –Safety profile during the OLE was generally consistent with the safety observed in the CHIASMA OPTIMAL trial NEEDHAM, Mass., March 22, 2021 (GLOBE NEWSWIRE) — Chiasma, Inc. (NASDAQ: CHMA), (“Chiasma” or the “Company”), a commercial-stage biopharmaceutical company utilizing its delivery platform technology to develop and commercialize oral therapies to improve the lives of patients with rare diseases currently treated with burdensome and painful injections, as evidenced by its recent phased launch of MYCAPSSA® as the first oral therapy for the treatment of acromegaly, today presented long-term safety and efficacy data from the first 48 weeks of the open-label...

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Business First Bancshares, Inc. Announce Acquisition of Smith Shellnut Wilson, LLC

BATON ROUGE, La., March 22, 2021 (GLOBE NEWSWIRE) — Business First Bancshares, Inc. (Business First) (NASDAQ: BFST), the holding company for b1BANK, and Smith Shellnut Wilson, LLC (SSW) today jointly announced the signing of a definitive agreement under which b1BANK will acquire SSW. SSW is a registered investment advisor specializing in managing investment portfolios for corporations, foundations and individuals.  Consummation of the acquisition is expected to occur in the coming weeks. “b1BANK has worked closely with SSW since the day we chartered 15 years ago. We value the quantifiable impact they’ve had on the management of our investment portfolio, we respect the sophistication of their capabilities as specialists, and we trust them as people,” said Jude Melville, president and CEO of b1BANK. “Bringing SSW under the b1BANK...

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Usio to Host Fourth Quarter Conference Call to Discuss Results and Provide Company Update on March 30, 2021

SAN ANTONIO, March 22, 2021 (GLOBE NEWSWIRE) — Usio, Inc. (Nasdaq: USIO), an integrated electronic payment solutions provider, today announced that it will release fourth quarter financial results for the period ended December 31, 2020 before the market opens on Tuesday, March 30, 2021. Usio’s management will host a conference call Tuesday, March 30, 2021 at 11:00 a.m. Eastern time to review financial results and provide a business update. Following management’s formal remarks, there will be a question and answer session. To listen to the conference call, interested parties within the U.S. should call 1-844-883-3890. International callers should call 1-412-317-9246. All callers should ask for the Usio conference call. The conference call will also be available through a live webcast, which can be accessed via the company’s website...

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Micron Appoints Jeremy Werner as Corporate Vice President and General Manager of the Storage Business Unit

BOISE, Idaho, March 22, 2021 (GLOBE NEWSWIRE) — Micron Technology, Inc., (Nasdaq: MU) today announced the appointment of Jeremy Werner to the role of corporate vice president and general manager of its Storage Business Unit. “Jeremy is a proven business leader with deep knowledge of storage technology,” said Sumit Sadana, executive vice president and chief business officer at Micron. “I look forward to his leadership as we pursue exciting growth opportunities and deliver world-class storage solutions to our data center and client customers.” Werner is an accomplished storage technology leader with 20 years’ experience across a wide range of responsibilities, including product planning, marketing and customer support. He comes to Micron from KIOXIA America Inc., where he served as senior vice president and general manager of the...

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