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Month: April 2021

Adamis Pharmaceuticals Announces 2020 Financial Results and Business Update

Phase 2/3 clinical trial for Tempol for the prevention of hospitalizations in patients with COVID-19 expected to initiate in the second quarter of 2021 Management to host webcast/conference call today at 2 p.m. PDT / 5 p.m. EDT SAN DIEGO, April 15, 2021 (GLOBE NEWSWIRE) — Adamis Pharmaceuticals Corporation (NASDAQ: ADMP), a biopharmaceutical company developing and commercializing specialty products for respiratory disease, allergy and opioid overdose, today announced financial results for the year ended December 31, 2020 and provided a business update. “Adamis made significant advancements over the past year and that momentum has carried over into 2021,” stated Dennis J. Carlo, Ph.D., President and Chief Executive Officer of Adamis Pharmaceuticals. “We completed the transition of SYMJEPI to our new commercial partner, US WorldMeds,...

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CPS Technologies Corporation Announces Key Addition to Product Development Team

NORTON, Mass., April 15, 2021 (GLOBE NEWSWIRE) — CPS Technologies Corporation (NASDAQ:CPSH) today announced Dr. Stephen Kachur has joined CPS as a Senior Scientist focused on Product Development. Grant Bennett, CEO, said, “Our new product pipeline is stronger than it has ever been; we seek to both accelerate the movement of products through that pipeline, and increasingly add new products to that pipeline in all three product lines. Steve will greatly assist us in both these objectives.” Michael McCormack, COO, said, “The addition of Steve to our company’s product development team is a significant step forward in CPS’ growth strategy of increasing and accelerating new product development activities for our customers.” Dr. Kachur joins CPS from Physical Sciences Inc., where he held the position of Principal Scientist, performing...

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Appulse Corporation: Reporting 2020 results

CALGARY, Alberta, April 15, 2021 (GLOBE NEWSWIRE) — Appulse Corporation (“Appulse” or “the Corporation”) today reported revenues of $10,461,000 for the year ended December 31, 2020, compared to $11,095,000 for the previous year. Income before tax for the 2020 fiscal period was $ 1,096,000 compared to $ 894,000 for the comparative 2019 year. Net income for the 2020 fiscal year was $1,096,000 ($.08 per share) compared to $859,000 ($.06 per share) for the prior year. The decline in parts and service revenues during the 2020 fiscal year was attributed primarily to the impact of the Covid-19 pandemic. The Corporation expects recovery in these revenue categories as the pandemic declines and customer service levels return. The Corporation’s customer base extends from coast to coast in Canada, with 20% of 2020 revenues derived from customers...

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Credicorp Ltd.: Credicorp’s “1Q21 quiet period”

Lima, April 15, 2021 (GLOBE NEWSWIRE) — Lima, PERU, April 15, 2021 — Credicorp (NYSE: BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 1Q21’s earnings release on April 22. This period will end on the date of the release, May 06. During the quiet period, the Company will not disclose any financial information, comment on financial results, or respond to related questions. About Credicorp Credicorp Ltd. (NYSE: BAP) is the leading financial services holding company in Peru with presence in Chile, Colombia and Bolivia. Credicorp has a diversified business portfolio organized into four lines of business: Universal Banking, through Banco de Credito del Peru – BCP and Banco de Credito de Bolivia;...

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Vornado Promotes Jan LaChapelle to Executive Vice President – Head of Capital Markets

NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:VNO) announced today the promotion of Jan LaChapelle, age 44, to Executive Vice President – Head of Capital Markets. Ms. LaChapelle joined Vornado in 2014 and was most recently Senior Vice President of Capital Markets. Prior to joining Vornado, Ms. LaChapelle was a member of Wells Fargo’s real estate banking group for ten years. Ms. LaChapelle will report to Michael J. Franco, Vornado’s President and Chief Financial Officer. Ms. LaChapelle succeeds Mark Hudspeth who is leaving Vornado to become Head of U.S. Capital Markets at Blackstone Real Estate. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas Sanelli(212) 894-7000 Certain statements contained herein may constitute “forward-looking statements” within the meaning...

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Xcel Brands Announces $100mm Refinancing and Acquisition Facility

NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) today announced it has entered into a refinancing of its existing credit facility. The refinancing provides an initial $25 million term loan under a facility jointly provided by BHI and First Eagle Alternative Credit, LLC, and up to an additional $25 million for acquisitions, subject to lender approval; and separately, through First Eagle Alternative Credit, LLC an additional $50 million acquisition facility subject to lender approval. “I am delighted to further our relationship with BHI and welcome First Eagle into our capital structure. The facilities provide us with an immediate $10 million of liquidity and up to $75 million for future acquisitions. We are seeing attractive opportunities that can drive our digital and livestreaming DTC businesses. Timing...

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Xcel Brands Reschedules Fourth Quarter 2020 Financial Results

NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company, today announced that it has not yet completed its audit for the year ended December 31, 2020 and is postponing the release of its 2020 fourth quarter, full year financial results and Form 10-K filing. The Company anticipates filing its Form 10-K on April 22, 2021 and expects to issue a press release with details of the fourth quarter conference call during the week of April 19. In connection with completing its audit, Xcel Brands has determined that it will record an impairment charge of approximately $13 million to the carrying value of the Judith Ripka brand trademarks. This is due to delays and uncertainty in implementing the Company’s brick-and-mortar retail store strategy associated...

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California Water Service Group Releases 2020 ESG Report

SAN JOSE, Calif., April 15, 2021 (GLOBE NEWSWIRE) — As part of its focus on environmental, social, and governance (ESG) performance, California Water Service Group (Group) (NYSE: CWT) today unveiled its 2020 ESG Report outlining its commitment and progress across its four subsidiaries in California, Hawaii, New Mexico, and Washington. The report is located online at www.calwatergroup.com/docs/esg/esg-report-2020.pdf. Titled “A New Day for ESG,” the 2020 report expands upon the previous three years’ Corporate Citizenship Reports by reporting disclosures aligned with the Sustainability Accounting Standards Board (SASB) Water Utilities and Services Industry Standard and referencing Global Reporting Initiative (GRI) Standards. The report also focuses on the ESG topics most material to Group and its stakeholders, determined through an...

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Exterran Corporation Announces First Quarter 2021 Earnings Release and Conference Call Schedule

HOUSTON, April 15, 2021 (GLOBE NEWSWIRE) — Exterran Corporation (NYSE: EXTN) (“Exterran” or the “Company”) today announced that it will release its first quarter 2021 results on Tuesday, May 4th, 2021 before the market opens. The Company has scheduled a conference call for Tuesday, May 4th, 2021 at 8 a.m. Central Time to discuss the results. The call will be broadcast live over the Internet. Investors may participate either by phone or audio webcast.By Phone:  Dial 877-524-8416 at least 10 minutes before the call.  A replay will be available through Tuesday, May 11th, 2021 by dialing 877-660-6853 and using the passcode 13718860.   By Webcast: Connect to the webcast via the Investor Relations section of Exterran’s website at www.exterran.com. Please log in at least 10 minutes in advance to register and download any necessary...

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AssetMark to Announce First Quarter 2021 Results on May 4, 2021

CONCORD, Calif., April 15, 2021 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended March 31, 2021 after the U.S. market close on Tuesday, May 4, 2021. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: http://www.directeventreg.com/registration/event/6587667. Upon registering, you will be provided with participant dial-in numbers, passcode and unique registrant ID. In the...

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