Month: April 2021

Subversive Acquisition LP Has Met All Conditions of Closing and Expects to Close on or Before Friday April 23, 2021 SPAC Restricted Voting Units Currently Trade on the TSX Under the Symbol “SVX.U” and the OTCQX Under the Symbol “SBVRF” On Closing Common Shares of InterCure will Trade on the TSX Under the Symbol “INCR.U” and the TASE Under the Symbol “INCR” Listing of InterCure’s Shares on NASDAQ Expected in Q2 2021 and Trade Under the Symbol “INCR” NEW YORK and TORONTO and HERZLIYA, Israel, April 21, 2021 (GLOBE NEWSWIRE) — Subversive Acquisition LP (TSX: SVX.U, NEO: SVX.U, OTCQX: SBVRF) (“SVX”) a special purpose acquisition company (SPAC), today announced it has met all conditions of closing, with the exception for the closing condition that will be met upon InterCure’s shares trading on the TSX, for its qualifying transaction...

CALGARY, Alberta, April 20, 2021 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its financial results for the three and twelve months ended December 31, 2020 including the filing of its 2020 annual audited Financial Statements, Management Discussion and Analysis (“MD&A”), and Forms 51- 101F1, F2 and F3. This news release summarizes information contained in the audited Financial Statements and MD&A for the year ended December 31, 2020 and should not be considered a substitute for reading these full disclosure documents, and the Forms 51-101F1, F2 and F3, which are available on SEDAR at www.sedar.com or the Corporation’s website at www.csri.ca. CSRI is a natural resources company focused on the identification and development of opportunities...

BUTTE, Mont., April 20, 2021 (GLOBE NEWSWIRE) — NorthWestern Energy has entered into multiple contracts for projects to acquire 325 megawatts of dispatchable capacity resources: procurement and construction agreements for a 175 megawatt natural gas plant; a pending agreement to purchase capacity from a 50 megawatt battery storage project; and a power purchase agreement for 100 megawatts of predominantly hydroelectric resources. The contracts were entered into after NorthWestern Energy completed its competitive solicitation process for long-term capacity resources issued in January 2020. This will reduce NorthWestern Energy’s capacity deficit, decrease risk associated with market volatility and potential lack of availability, and provide increased reliability for our Montana customers. The additional capacity to produce energy will...

SHANGHAI and SAN FRANCISCO, April 20, 2021 (GLOBE NEWSWIRE) — Zai Lab Limited (“Zai Lab” or the “Company”) (NASDAQ:ZLAB, HKEX: 9688), an innovative commercial stage biopharmaceutical company, today announced the pricing of its underwritten public offering of 4,776,000 American depositary shares (“ADSs”), each representing one ordinary share of the Company, at a price of US$150.00 per ADS, and 224,000 ordinary shares, at a price of HK$1164.20 per ordinary share, which will be settled in Hong Kong dollars, based upon each ADS representing one ordinary share and an exchange rate of HK$7.7613 to US$1.00, the spot rate of exchange at the time of pricing. The gross proceeds to Zai Lab from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately US$750 million....

Pricing Significantly Reduces Cost of Capital from the 2020 Securitizations Los Angeles, CA, April 20, 2021 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading global franchising company and parent company of iconic brands including Fatburger, Johnny Rockets, and seven other restaurant concepts, today announced that it has completed an offering of $144,472,000 of Series 2021-1 Fixed Rate Asset-Backed Notes (the “Notes”). This transaction has been structured as a whole business securitization transaction through FAT Brands Royalty I, LLC (“FAT Royalty” or the “Issuer”). The transaction is FAT Brands’ third successful securitization and significantly reduces the cost of capital from the two previously issued 2020 securitizations. The transaction refinances the 2020 bonds and creates significant excess...

WICHITA, Kan., April 20, 2021 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “the Company”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, reported net income of $15.1 million and $1.02 per diluted share, including $0.65 of core earnings per diluted share the first quarter ended March 31, 2021. Core earnings of $0.65 per diluted share for the quarter were driven by non-Paycheck Protection Program (“PPP”) loan growth of $43.7 million, representing growth of 1.9%, or 7.6% annualized growth from December 31, 2020. Further driving results this quarter was the recognition of origination fee income from the successful forgiveness of PPP loans by the SBA; improved operating performance with many of our fee-based initiatives such as wealth management and trust business lines, and debit card...

Opening of Investigational New Drug Application (IND) with U.S. Food and Drug Administration (FDA) for Phase III study of nomacopan in bullous pemphigoid (BP), a severe dermatological disease with no specific approved treatmentsPhase III study in severe pediatric hematopoietic stem cell transplant-related thrombotic microangiopathy (HSCT-TMA) is open for enrollment in the U.S. and EuropeNew data supports potential for nomacopan as a treatment for dry age-related macular degeneration (AMD), a sight-threatening disease with significant unmet needNew data shows elevated levels of LTB4 in patients with COVID-19 pneumonia further supporting the potential therapeutic role of nomacopanCooperative Research and Development Agreement (CRADA) signed with the U.S. Army Institute of Surgical Research (USAISR) for ongoing studies using...

NEW YORK, April 20, 2021 (GLOBE NEWSWIRE) — DoubleVerify Holdings, Inc. (“DoubleVerify”) today announced the pricing of its initial public offering of 13,333,335 shares of common stock at a price to the public of $27.00 per share. DoubleVerify is offering 8,627,452 shares and Providence VII U.S. Holdings L.P. (“Providence”) and other existing stockholders are offering 4,705,883 shares. The shares of common stock are expected to begin trading on the New York Stock Exchange under the ticker symbol “DV” on April 21, 2021. The offering is expected to close on April 23, 2021, subject to the satisfaction of customary closing conditions. The underwriters will have a 30-day option to purchase on a pro rata basis up to an additional 1,350,000 shares from DoubleVerify and up to an additional 650,000 shares from Providence. Goldman Sachs &...

ATLANTA, April 20, 2021 (GLOBE NEWSWIRE) — HAVERTYS (NYSE: HVT and HVT.A) will release its first quarter 2021 financial results on Tuesday, April 27, 2021, after the market closes. The company will host a conference call with investors and analysts on Wednesday, April 28, 2021 at 10:00 a.m. (ET) to discuss the results of its operations. Havertys invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com. A replay will be available at the website or via telephone at approximately 1:00 p.m. (ET) through Saturday, May 8, 2021. The number to access the telephone playback is 1-888-203-1112 (access code: 2632821). About HavertysHavertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 121 showrooms in 16 states in the Southern and Midwestern...

OVERLAND PARK, Kan., April 20, 2021 (GLOBE NEWSWIRE) — Yellow Corporation (NASDAQ: YELL) is recruiting employees for new positions in Brisbane, California. On Monday, April 26 and Tuesday, April 27, Yellow will host two hiring events as the trucking company looks to fill jobs including local drivers, dock workers and box truck drivers. Yellow intends to hire qualified individuals immediately for several jobs in Brisbane with more positions open nationwide. Yellow is the second largest less-than-truckload carrier and the fifth largest transportation company in North America. Yellow’s 30,000 employees are based in all 50 states as well as Puerto Rico, Canada and Mexico. Yellow’s Brisbane hiring events are among more than two dozen similar recruiting events taking place across America between now and July. By the end of 2021, Yellow...