Month: March 2021

Leading BioSciences Encourages Seneca Biopharma Stockholders to Vote “FOR” Proposed Merger

Written by Customer Service on March 31, 2021. Posted in Mergers And Acquisitions.

Combined company, to be named Palisade Bio, will be well-positioned to leverage its compelling therapeutics pipeline, strong cash position, and accomplished management and Board to maximize stockholder value Seneca stockholders are urged to vote in support of each proposal presented at Seneca’s Special Meeting on April 9, 2021, including approval of a reverse stock split CARLSBAD, Calif., March 31, 2021 (GLOBE NEWSWIRE) — Leading BioSciences, Inc. (“LBS”), a late-stage biopharma company advancing therapies for acute and chronic gastrointestinal (GI) complications, strongly encourages Seneca Biopharma, Inc. (Nasdaq: SNCA) (“Seneca”) stockholders to vote in support of the proposed merger at Seneca’s upcoming Special Meeting scheduled for Friday, April 9, 2021, at 11:00 a.m. (Eastern Time), which will be held virtually at www.virtualshareholdermeeting.com/SNCA2021SM. “We...

Stockholders Approve SMTC Corporation’s Definitive Merger Agreement and Investment by H.I.G. Capital

Written by Customer Service on March 31, 2021. Posted in Mergers And Acquisitions.

TORONTO, March 31, 2021 (GLOBE NEWSWIRE) — SMTC Corporation (Nasdaq:SMTX) (“SMTC” or the “Company”), a global electronics manufacturing services provider and past winner of Frost & Sullivan’s Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that its stockholders at its special meeting held earlier today voted to adopt the previously announced definitive merger agreement, pursuant to which an affiliate of H.I.G. Capital, LLC (“H.I.G.”) would complete its investment in SMTC. The proposed merger is expected to close the week of April 5, 2021, subject to customary closing conditions set forth in the merger agreement, which was filed as an exhibit to, and discussed in detail in, the definitive proxy statement on Schedule 14A filed with the Securities and Exchange...

Angi Inc. Acquires Additional Interest in MyBuilder

Written by Customer Service on March 31, 2021. Posted in Mergers And Acquisitions.

DENVER, March 31, 2021 (GLOBE NEWSWIRE) — Today, Angi Inc. (NASDAQ: ANGI) announced it acquired an additional 20 percent interest in its MyBuilder business, a leading marketplace in the United Kingdom for discovering vetted, quality tradesmen. In connection with the acquisition, Angi will record a one-time expense, impacting Adjusted EBITDA and operating income by approximately $6 million in the quarter ending March 31, 2021. Angi purchased its original stake in MyBuilder—75 percent of the company— in 2017. About Angi Inc Angi Inc. (NASDAQ: ANGI) is your home for everything home—a comprehensive solution for all your home needs. From repairs and renovations to products and financing, Angi is transforming every touch point in the customer journey. With over 25 years of experience and a network of nearly 250,000 pros, we have helped...

Bioasis Technologies Inc. and Aposense Enter into a Research Collaboration

Written by Customer Service on March 31, 2021. Posted in Public Companies.

NEW HAVEN, Conn., March 31, 2021 (GLOBE NEWSWIRE) — Bioasis Technologies Inc. (TSXV:BTI; OTCQB:BIOAF), (“Bioasis” or the “Company”), a pre-clinical, research-stage biopharmaceutical company developing its proprietary xB3TM platform technology for the delivery of therapeutics across the blood-brain barrier (BBB) and the treatment of CNS disorders in areas of high unmet medical need, including brain cancers and neurodegenerative diseases, is pleased to announce that it has formed a research collaboration with Aposense Limited (“Aposense”). Aposense is a highly innovative Israeli bio-pharmaceutical company, specializing in development of novel drugs, utilizing membrane electrical forces. The research collaboration will focus on the delivery of siRNA into the brain. Dr. Deborah Rathjen, Bioasis’ Executive Chair said, “The non-invasive...

Lam Research Corporation Announces March 2021 Quarter Financial Conference Call

Written by Customer Service on March 31, 2021. Posted in Public Companies.

FREMONT, Calif., March 31, 2021 (GLOBE NEWSWIRE) — Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, April 21, 2021, beginning at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).Webcast: To access the webcast, visit the Investors section of Lam’s web site at http://www.lamresearch.com and click on the Investors/Investors Overview/Events & Presentations section to view the details. Replay Information: A webcast replay will be available on the Lam Research website approximately three hours after the conference call concludes. Contact Information: Lam Research Investor Relations Department. Investor.relations@lamresearch.com, 510-572-1615. About Lam ResearchLam Research Corp. is a global supplier...

Mia Mends and Sean Cohan Join H&R Block’s Board of Directors

Written by Customer Service on March 31, 2021. Posted in Public Companies.

KANSAS CITY, Mo., March 31, 2021 (GLOBE NEWSWIRE) — H&R Block (NYSE: HRB) has added two members to its board of directors effective April 1, Mia Mends, recently named Global Chief Diversity & Inclusion Officer for Sodexo, Inc. and Sean Cohan, Chief Growth Officer and President, International of Nielsen (NYSE: NLSN). “As H&R Block begins the next phase of our growth and transformation journey, we are providing new support to small business owners, changing how the unbanked manage and access their money, and reimagining how tax preparation continues to blend digital capabilities with human expertise and care,” said Robert A. Gerard, Chairman of the Board. “Both Mia and Sean have the experience and expertise that will help Block expand and accelerate how we support more people manage important financial moments, and...

Methode Electronics’ Board Authorizes $100 Million Share Buyback Program

Written by Customer Service on March 31, 2021. Posted in Public Companies.

CHICAGO, March 31, 2021 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI), a global developer of custom engineered and application specific products and solutions, announced today that its board of directors has authorized a new share buyback program. The board of directors authorized the purchase of up to $100 million of its outstanding common stock through March 31, 2023. Such purchases may be made on the open market, in private transactions or pursuant to purchase plans designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934. The share buyback program is subject to market conditions, general business conditions, cash balances, borrowing availability and other relevant factors. The program may be suspended or terminated at any time. No assurance can be given as to the time period over which the shares...

SAKER AVIATION SERVICES, INC. ANNOUNCES FINANCIAL RESULTS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2020

Written by Customer Service on March 31, 2021. Posted in Public Companies.

Net Loss of $1.7 Million in 2020 Versus Net Income of $668,000 in 2019 New York, March 31, 2021 (GLOBE NEWSWIRE) — Saker Aviation Services, Inc. (OTCQB: SKAS), an aviation services company specializing in ground-based services to the general aviation marketplace, today announced its financial results for the twelve months ended December 31, 2020. Revenue in the twelve months ended December 31, 2020 of $3,506,268, was down 69.7 percent from $11,567,725 in the twelve months ended December 31, 2019. Net loss in the twelve months ended December 31, 2020 of $1,748,928, was down $2,416,572 as compared to net income of $667,644 in the same period in 2019. “The COVID-19 pandemic continued its drag on business results through year-end, as it is expected to do for multiple quarters in 2021.” stated Mark Raab, the Company’s Corporate Controller. ...

Ascot Resources Ltd. Announces C$55 Million Bought Deal Financing

Written by Customer Service on March 31, 2021. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Raymond James Ltd., under which the underwriters have agreed to buy on bought deal basis 64,000,000 common shares (the “Common Shares”), at a price of C$0.86 per Common Share for gross proceeds of approximately C$55 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. The offering is expected...

Hingham Savings Increases Regular Dividend to $0.49 per Share

Written by Customer Service on March 31, 2021. Posted in Dividend Reports And Estimates.

HINGHAM, Mass., March 31, 2021 (GLOBE NEWSWIRE) — HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS) (“the Bank”), Hingham, Massachusetts, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.49 per share. This represents an increase of 4% over the previous regular quarterly dividend of $0.47 per share. The dividend will be paid on April 21, 2021 to stockholders of record as of April 12, 2021. Robert H. Gaughen, Jr., Chairman and Chief Executive Officer of the Bank, in announcing the dividend, stated, “The Bank continues to produce strong returns on equity capital. The Bank regularly considers all capital allocation options and continues to return capital to the ownership through both regular and special dividends. This will be our 109th consecutive quarterly dividend and we have consistently increased...

Month: March 2021

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