Month: April 2021

CHINO, Calif., April 19, 2021 (GLOBE NEWSWIRE) — Karat Packaging Inc. (“Karat Packaging” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally-friendly disposable foodservice products and related items, today announced the closing of its previously announced initial public offering of 3,950,000 shares of its common stock at a price to the public of $16.00 per share. Gross proceeds to the Company from the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately $63.2 million. The shares sold in the offering began trading on the Nasdaq Global Select Market under the symbol “KRT” on April 15, 2021. Karat Packaging intends to use the net proceeds from the offering for the repayment of approximately $30 million of existing indebtedness, as...

Company Reports Net Income of $596,000, or $0.11 Per Share on a Fully Diluted Basis, in Fiscal 2020 Compared to Net Income of $78,000, or $0.02 Per Share, in Fiscal 2019 Cranford, New Jersey, April 19, 2021 (GLOBE NEWSWIRE) — TOFUTTI BRANDS INC. (OTCQB Symbol: TOFB) issued its results for the fiscal year ended January 2, 2021 today. The Company reported net income of $596,000 ($0.12 per share basic and $0.11 per share diluted) on net sales of $13,815,000 for the fiscal year ended January 2, 2021 compared to net income of $78,000 ($0.02 per share, basic and diluted) on net sales of $13,130,000 for the fiscal year ended December 28, 2019. The improved profitability in fiscal 2020 is primarily attributable to a $445,000 decrease in selling and warehousing expenses, an $89,000 decrease in marketing expenses and an $84,000 decrease in...

ATLANTA, April 19, 2021 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its second quarter ended March 31, 2021, after U.S. markets close on Monday, May 3, 2021. On Tuesday, May 4, 2021, at 9:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company’s website www.muellerwaterproducts.com. An archive of the webcast will be available for approximately 90 days following the call. About Mueller Water Products, Inc. Mueller Water Products, Inc. (“Mueller”) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio...

ST. LOUIS, April 19, 2021 (GLOBE NEWSWIRE) — Huttig Building Products (Nasdaq: HBP), one of the nation’s largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its first quarter 2021 financial results on Monday, May 3, 2021 after market close. An earnings call with management is scheduled for Tuesday, May 4, 2021 at 10:00 a.m. Central Daylight Time. Participants can listen to the call live via webcast by going to the investor portion of Huttig’s website at http://investor.huttig.com/news-and-events/investor-calendar. Participants can also access the live conference call via telephone at (866) 238-1641 or (213) 660-0927 (international). The conference ID for this call is 5210869. About Huttig Huttig, currently in its...

TORONTO, April 19, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) today announced the promotion of Ryan Doyle to the newly created position of Chief Investment Officer. As Chief Investment Officer, Mr. Doyle will oversee the REIT’s investment team and all development, acquisition, and disposition transactions. Mr. Doyle will continue to report to the REIT’s Chief Executive Officer, Scott Frederiksen. Mr. Doyle is a 20-year veteran of the REIT and its predecessor entities, most recently serving as Head of Investments for the Eastern U.S. region. Over the last decade, he has played an instrumental role in setting and executing on the firm’s industrial-focused investment strategy. “This is a well-deserved promotion recognizing Ryan’s key leadership role...

Bedminster, New Jersey, April 19, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC), and Peapack-Gladstone Bank will celebrate the Bank’s 100th Anniversary this year, with its official anniversary date on September 12, 2021. Commemoration of this unique and special occurrence will take place throughout the year in various forms. The Bank has produced a special 100th Anniversary historical compilation that tells the story of “100 Years of Integrity & Trust.”  This journey is featured on the Bank’s website at www.pgbank.com/100years and is a true glimpse into how the Bank was built, how it has evolved and how it has grown and succeeded over a century. “For 100 years, Peapack-Gladstone Bank has put clients first.  Our founders understood that, as has every...

MENLO PARK, Calif., April 19, 2021 (GLOBE NEWSWIRE) — 180 Life Sciences Corp. (NASDAQ: ATNF) (“180 Life Sciences” or the “Company”), a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain, announced today that it received an expected letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Annual Report on Form 10-K for the year ended December 31, 2020 (the “2020 Form 10-K”) with the Securities and Exchange Commission (the “SEC”). The Nasdaq notification letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market. The Company...

CHICAGO, April 19, 2021 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced the appointment of David Dill, president and chief executive officer of LifePoint Health, to the company’s board of directors, effective April 18, 2021. “We are honored to welcome David to our board,” said Alex Mandl, lead director of R1’s board. “David brings valuable insights to the board through his years of extensive leadership, operations and financial experience in healthcare. I look forward to working with him and driving continued success for R1.” David Dill is a veteran healthcare leader with more than 30 years of finance, operations and management experience. He joined LifePoint in 2007 as executive...

Not for distribution to U.S. news wire services or for dissemination in the United States TORONTO, April 19, 2021 (GLOBE NEWSWIRE) — Apolo III Acquisition Corp. (“Apolo”) (TSXV: AIII.P) is pleased to announce that, further to its news release dated March 8, 2021, it has entered into a definitive business combination agreement dated April 19, 2021 (the “Business Combination Agreement”) with Playmaker Capital Inc. (“Playmaker”) and 2830125 Ontario Inc. (“Apolo Subco”), a wholly-owned subsidiary of Apolo, incorporated, pursuant to the provisions of the Business Corporations Act (Ontario) (the “OBCA”) in connection with the proposed business combination of Apolo and Playmaker, which transaction (the “Qualifying Transaction”) is intended to constitute Apolo’s “Qualifying Transaction” (within the meaning of Policy 2.4 – Capital Pool Companies...