Day: April 6, 2021
FAT Brands announces deal to develop 40 co-branded Fatburger and Buffalo’s Express locations throughout France
LOS ANGELES, April 06, 2021 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express, and seven other restaurant concepts, announces a master franchise deal for France that greatly expands its plan to bring Fatburger to the country for the first time.
In partnership with BGH Investments, SARL, the deal includes plans for the development of 40 new co-branded Fatburger and Buffalo’s Express locations throughout France. This comes on the heels of the recently announced multi-unit development deal to open two new Fatburger locations in Paris within the next eighteen months.
“Expansion is at the core of FAT Brands, and we are thrilled to build upon our growth and the large...
Subversive Acquisition LP Announces InterCure’s Agreement With Cookies to Expand the Iconic Cannabis Brand Across Europe
Written by Customer Service on . Posted in Public Companies.
TORONTO, April 06, 2021 (GLOBE NEWSWIRE) — SUBVERSIVE ACQUISITION LP (TSX: SVX.U, NEO: SVX.U, OTCQX: SBVRF) (“SVX”) announced today that InterCure Ltd. (dba Canndoc) (TASE: INCR) (“InterCure”), Israel’s leading cannabis company and SVX’s intended target for its “Qualifying Transaction” (the “Transaction”), has signed a letter of intent with iconic cannabis brand Cookies for its European expansion. InterCure will work with Cookies to replicate the success achieved by Cookies in the United States and Israel.
Like InterCure’s leading Israeli model, the operation will be vertically integrated and will include online and retail distribution for Cookies’ branded products. In addition to local production facilities, InterCure will cultivate Cookies’ products at InterCure’s southern facility, the largest and most advanced in Israel,...
American International Holdings Closes $600,000 Financing from Institutional Investors, Strengthens Balance Sheet
Written by Customer Service on . Posted in Public Companies.
Company to Deploy Capital for Growth, and Redeemed All Legacy Debt
Addison, TX, April 06, 2021 (GLOBE NEWSWIRE) — American International Holdings Corp. (OTCQB: AMIH), a diversified holding company that acquires and operates health, wellness and technology companies, today announced it has closed a $600,000 Secured Promissory Note financing. This is the second and final tranche of notes, on the same terms from the same two institutional investors, following the original January 2021, tranche of $850,000 in Secured Promissory Notes. This second tranche had been contingent upon AMIH successfully meeting certain milestones, and equity conditions and it brings the total gross financing amount to $1.45 million before discounts, fees and expenses. Network 1 Financial Securities, Inc. acted as the placement agent for the Notes.
This new...
Exco Technologies Limited Announces Second Quarter Results on April 28, 2021
Written by Customer Service on . Posted in Public Companies.
TORONTO, April 06, 2021 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX – XTC) today announced that it will report its financial results for the second quarter ended March 31, 2021 after the close of business on Wednesday April 28, 2021.
Exco’s management will hold a conference call to discuss the results on Thursday April 29, 2021 at 10:00 a.m. To access the live audio webcast, please log on to www.excocorp.com, or https://edge.media-server.com/mmc/p/hkbh522a a few minutes before the event. The conference call can also be accessed by dialling toll free at (866) 572-8261 or internationally at (703) 736-7448. The conference ID is 7124339.
For those unable to participate on April 29, 2021, an archived version will be available until May 13, 2021 on the Exco website or by dialling toll free at (855) 859-2056 or internationally...
Perpetual Industries Acquires the AutoGrafic Software System
Written by Customer Service on . Posted in Mergers And Acquisitions.
AUBURN, Ind., April 06, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Perpetual Industries Inc. (OTCMARKETS:PRPI) (“Perpetual” or the “Company”) today announces it has completed its acquisition of the AutoGrafic Software System.
AutoGrafic is a software as a service (SaaS) and social application that utilizes cutting-edge technology to host a myriad of aspects for automotive promotion and preservation. It targets global collector car and automotive enthusiasts who want a unique, multifaceted, interactive automotive experience that is focused on a visual-based social community, collection management, social events, auctions, insurance, research, preservation and historical documentation.
“This acquisition provides another foundational piece in our quickly expanding blockchain division and, in addition to outstanding software,...
Kelly® Acquires Specialty Technology Staffing and Workforce Solutions Firm, Softworld
Written by Customer Service on . Posted in Mergers And Acquisitions.
TROY, Mich., April 06, 2021 (GLOBE NEWSWIRE) — Kelly (Nasdaq: KELYA) (Nasdaq: KELYB) today announced that it has acquired Softworld, a leading technology staffing and workforce solutions firm that serves clients across several end-markets, including financial services, life sciences, aerospace, defense, insurance, retail, and IT consulting. Softworld, headquartered in Waltham, Mass., will continue to operate under its own brand.
In 2020, Softworld generated revenue in excess of $100 million, reflecting double-digit growth despite COVID-related headwinds, at gross profit rates that reflect the demand for highly skilled, specialty technology talent.
“Through the acquisition of Softworld, Kelly adds to its portfolio a business with a consistent track record of growth whose deep expertise in technology complements the company’s focus...
MasterBeat Corporation’s JTEC Automotive Acquires 1969 Plymouth Road Runner for Restomod Collaboration Project with Blow by Racing (BBR)
Written by Customer Service on . Posted in Mergers And Acquisitions.
MIRAMAR BEACH, FL, April 06, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – MasterBeat Corporation (OTC: MSTO), a company specializing in hard, tangible asset acquisitions with an intense focus on real estate, precious metals, collectible classic automobiles, and other tangible assets, announces it has acquired a 1969 Plymouth Road Runner for another Restomod (restoration and modification) build in collaboration with Blow by Racing (BBR) out of Boca Raton, Florida.
JTEC recently completed the custom restomod build of their 1969 Pontiac Firebird, their first custom classic build, with excellent results, both operationally and financially. The Company is capitalizing on its momentum by starting yet another new venture with its partner at Blow by Racing. This next build, the 1969 Plymouth Road Runner, will feature a 440 cubic inch (ci)...
Riot Blockchain Announces Appointment of Megan Brooks as Chief Operating Officer, and Appointments to the Roles of VP, Capital Markets and VP, Finance
Written by Customer Service on . Posted in Public Companies.
Castle Rock, CO, April 06, 2021 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot”, “Riot Blockchain” or the “Company”), one of the leading Nasdaq-listed bitcoin mining companies in the United States, announced today the appointment of Megan Brooks as Chief Operating Officer, Phil McPherson as Vice President, Capital Markets and Ryan Werner as Vice President, Finance. These appointments are being made to support the substantial progress Riot is making on its strategic initiatives.Megan Brooks, previously Riot’s VP of Finance, promoted to Chief Operating Officer to continue managing Riot’s mining operations, which have grown significantly under her purview
Ryan Werner joins as VP Finance to further expand the depth of Riot’s finance department; previous experience includes supporting the finance function...
Conduent Transportation and Hayden AI Announce Technology Partnership to Improve Bus Lane Performance and Traffic Safety
Written by Customer Service on . Posted in Public Companies.
Agreement combines Hayden AI’s expertise in computer vision-based, real-time data collection and urban analytics with Conduent’s position as a leading global provider of public transportation and mobility solutions
Partnership to deliver an automated bus lane enforcement solution featuring a bus-mounted perception system that integrates with video analytics review and violation processing technologies
FLORHAM PARK, N.J., and SAN FRANCISCO, April 06, 2021 (GLOBE NEWSWIRE) — Conduent Transportation, a unit of business process services and solutions company Conduent Incorporated (Nasdaq: CNDT), and Hayden AI, an innovator in urban mobility and digital city solutions, today announced a teaming agreement to deliver technologically advanced solutions that will enhance traffic safety and efficiency for cities and government agencies in...
Vista Equity Partners Completes Acquisition of Pluralsight
Written by Customer Service on . Posted in Public Companies.
SILICON SLOPES, Utah, April 06, 2021 (GLOBE NEWSWIRE) — Pluralsight, Inc., the technology workforce development company, today announced that Vista Equity Partners (“Vista”) has successfully completed its acquisition of Pluralsight for $22.50 per share.
“We are excited about the completion of this transaction and look forward to leveraging Vista’s resources and financial strength to continue to innovate across our product portfolio and deliver solutions that help companies strengthen technology skills, become more agile, and achieve their goals,” said Aaron Skonnard, co-founder and CEO of Pluralsight.
With the completion of the acquisition, Pluralsight’s stock ceased trading and the company is no longer listed on any public market.
Qatalyst Partners is serving as financial advisor to Pluralsight and Wilson Sonsini Goodrich &...