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Day: March 26, 2021

GINSMS Announces Audited Financial Results for the Twelve-Month Period Ended December 31, 2020

CALGARY, Alberta, March 26, 2021 (GLOBE NEWSWIRE) — GINSMS Inc. (TSXV: GOK) (the “Corporation” or “GINSMS”) is pleased to announce that its audited financial statements for the twelve-month period ended December 31, 2020 have been filed today on SEDAR and are available at www.sedar.com. On February 11, 2021, GINSMS had disclosed through the issuance of a press release unaudited financial results for the three-month and the twelve-month periods ended December 31, 2020 and provided financial forecasts for the 2021 financial year. This financial disclosure was done in advance of today’s filing of the audited financial statements of the Corporation to allow GINSMS’ ultimate holding company, Beat Holdings Limited (“BHL”), a public company in Japan, to use certain of GINSMS’ financial information in the preparation of BHL’s financial...

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Business First Bancshares, Inc. Completes Private Placement of $52.5 Million in Subordinated Notes

Baton Rouge, La., March 26, 2021 (GLOBE NEWSWIRE) — Business First Bancshares, Inc. (“Business First”) (NASDAQ: BFST), the holding company for b1BANK, today announced the completion of the private placement of $52.5 million in aggregate principal amount of 4.250% fixed-to-floating rate subordinated notes (the “Notes”) due 2031, to certain qualified institutional and accredited investors. The Notes have been structured to qualify as Tier 2 capital under bank regulatory guidelines, and the proceeds from the sale of the notes will be utilized to provide additional capital support to b1BANK, to support growth, to better position Business First to take advantage of strategic opportunities that may arise from time to time, repayment of existing borrowings, and for other general corporate purposes. The Notes will initially bear interest...

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Evolve Transition Infrastructure Reports Full-Year 2020 Financial Results and Provides Strategy Update

HOUSTON, March 26, 2021 (GLOBE NEWSWIRE) — Evolve Transition Infrastructure LP (NYSE American: SNMP) (“Evolve” or the “Partnership”) reports full year 2020 results and provides strategy update. FINANCIAL RESULTS The Partnership’s full-year 2020 revenues totaled $57.0 million, of which $45.5 million came from midstream activities. The balance of the Partnership’s full-year 2020 revenues came from production activities. The activities of Carnero G&P LLC, the Partnership’s midstream joint venture (the “Carnero JV”) contributed a gain of approximately $4.5 million for full-year 2020. The Partnership received total cash distributions of $16.2 million from the Carnero JV for full-year 2020 activities. The Partnership reported a net loss of $118.8 million for full-year 2020. STRATEGY UPDATE As the Partnership disclosed in its Annual...

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Werner Commemorates Annual Driver Appreciation Spring Celebration

OMAHA, Neb., March 26, 2021 (GLOBE NEWSWIRE) — Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is proud to kick off its Driver Appreciation Spring Celebration from March 29 through April 9. Each year, Werner hosts unique appreciation events for professional drivers in the spring in addition to National Truck Driver Appreciation Week in the fall. During the Spring Celebration, members of Werner’s leadership team will visit several terminals nationwide to show appreciation for professional drivers. Drivers will receive complimentary pre-packaged meals and appreciation gifts at all of Werner’s terminals and dedicated sites. All CDC guideline recommendations will be followed. Werner has more than 10,000 professional drivers and owner operators collectively traveling over three million miles each day...

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Innovation Canada Accepts Leonovus Into Its Accelerated Growth Service for Innovative Canadian Companies

OTTAWA, March 26, 2021 (GLOBE NEWSWIRE) — Leonovus Inc., (“Leonovus” the “Company”) (TSXV: LTV) (OTC: LVNSF) today announces that it was nominated and accepted into Innovation Canada’s Accelerated Growth Service (AGS). The AGS assigns an innovation advisor to the Company to help find and take advantage of everything that government can do for them – from financing to technical advice to foreign market development expertise.  “This is another important milestone for Leonovus, with the federal government recognizing the market potential of our innovative, secure data management software for the cloud and hybrid architectures. Being nominated and accepted into the AGS program is a testament to our innovative work over the past three years and the successful evaluation and testing of our secure cloud...

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Whitestone REIT Declares Second Quarter 2Q21 Dividends

HOUSTON, March 26, 2021 (GLOBE NEWSWIRE) — Whitestone REIT’s (NYSE:WSR) (“Whitestone” or the “Company”) Board of Trustees has declared a monthly cash dividend of $0.035833 per share on the Company’s common shares and operating partnership units. The dividend amount represents a quarterly amount of $0.1075, and an annualized amount of $0.43 per share. The second quarter dividend distribution for 2021 will be as detailed below:Month   Record Date  Payment Date April   4/5/2021 4/14/2021May   5/4/2021 5/13/2021June   6/2/2021 6/10/2021Jim Mastandrea, Chairman and Chief Executive Officer commented, “We are pleased to announce Whitestone’s 128th, 129th, and 130th consecutive monthly dividend distributions. As we continue to evaluate the recovery in the economy, we stand committed to providing attractive-yielding monthly...

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Atlas Crest Investment Corp. II Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing March 29, 2021

New York, NY, March 26, 2021 (GLOBE NEWSWIRE) — Atlas Crest Investment Corp. II (NYSE: ACII.U, the “Company”) announced today that, commencing on March 29, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange under the symbols “ACII” and “ACII WS,” respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol “ACII.U”. Holders of units will need to have their brokers contact Continental Stock Transfer &...

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LIZHI INC. Files 2020 Annual Report on Form 20-F

GUANGZHOU, China, March 26, 2021 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company”) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission (the “SEC”) on March 26, 2021. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC’s website at http://www.sec.gov and on the Company’s investor relations website at http://ir.lizhi.fm.  The Company will provide a hard copy of its annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to ir@lizhi.fm or Investor Relations Department at LIZHI INC., Yangcheng Creative...

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Northern Genesis Acquisition Corp. III Announces Closing of $150 Million Initial Public Offering

Kansas City, MO, March 26, 2021 (GLOBE NEWSWIRE) — Northern Genesis Acquisition Corp. III (the “Company”) announced today that it closed its initial public offering of 15,000,000 units at $10.00 per unit, resulting in gross proceeds of $150 million. The units commenced trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “NGC.U” on March 24, 2021.  Each unit consists of one share of the Company’s common stock and one-quarter of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on the NYSE under the symbols “NGC” and “NGC.WS,” respectively. The Company is a special purposes...

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Power Solutions International Announces Extension to Credit Agreement

WOOD DALE, Ill., March 26, 2021 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that it entered into a $130 million uncommitted senior secured revolving credit facility pursuant to that certain amended and restated uncommitted revolving credit agreement dated March 26, 2021 (the “amended Credit Agreement”), between the Company and Standard Chartered Bank (“Standard Chartered”). Among other items, the amended Credit Agreement extends the maturity date of loans thereunder to the earlier of March 25, 2022 or the demand of Standard Chartered and includes minimum Consolidated EBITDA and Consolidated Interest Coverage Ratio covenants for the second, third and fourth quarters...

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