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Month: April 2021

Brookfield Asset Management Announces Pricing of US$500 Million Green Note Offering

BROOKFIELD NEWS, April 07, 2021 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced that it has priced a public offering of US$500 million principal amount of senior notes due 2031 (the “notes”), which will bear interest at a rate of 2.724% per annum. The notes will be issued by Brookfield Finance Inc., an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. An amount equal to the net proceeds from the sale of the notes will be allocated to the financing and/or refinancing of recently completed and future Eligible Green Projects, including the development and redevelopment of such projects. Pending such allocation, the net proceeds will be temporarily used for general corporate purposes, including the early redemption...

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AVC Technologies Announces Receipt of Unsolicited Non-Binding Acquisition Proposal and Exploration of Strategic Alternatives

ATLANTA, April 07, 2021 (GLOBE NEWSWIRE) — American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) (“AVC Technologies” or the “Company”) today announced that it has received an unsolicited non-binding proposal, subject to certain conditions, to acquire all of the issued and outstanding shares of common stock of the Company (on an as-converted and as-exercised basis) for a price of approximately $9.00 per share. As a result, the Board of Directors has determined to commence a process to explore, review and evaluate a range of potential strategic alternatives available to the Company, including the unsolicited acquisition proposal, and intends to retain a financial advisor shortly to assist in this process. “Our Board of Directors is committed to enhancing value for all of our stakeholders, and this review is an important and timely...

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Kismet Acquisition Three Corp. Announces the Separate Trading of Its Class A Ordinary Shares and Warrants Commencing on April 12, 2021

Moscow, Russia , April 07, 2021 (GLOBE NEWSWIRE) — Kismet Acquisition Three Corp. (the “Company”) today announced that, commencing on April 12, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade the Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “KIIIU,” and the Class A ordinary shares and warrants that are separated will trade on Nasdaq under the symbols “KIII” and “KIIIW”, respectively. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of...

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Piedmont Office Realty Trust, Inc to Report First Quarter 2021 Financial Results

Atlanta, April 07, 2021 (GLOBE NEWSWIRE) — Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Wednesday, April 28, 2021, after the close of trading on the New York Stock Exchange.  A conference call is scheduled for Thursday, April 29, 2021, at 10:00 a.m. Eastern daylight time and will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.piedmontreit.com/news-and-events/events-calendar.  During the conference call, the Company’s management team will review first quarter performance, discuss recent events and conduct a question-and-answer period. To Listen to the Webcast:Click on the webcast link under the Investor Relations section of the Company’s website at http://investor.piedmontreit.com/news-and-events/events-calendar. For...

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StoneCo Ltd. Files its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2020

GEORGE TOWN, Grand Cayman, April 07, 2021 (GLOBE NEWSWIRE) — StoneCo Ltd. (NASDAQ: STNE) (“Stone”) announces that it has filed with the U.S. Securities and Exchange Commission (the “SEC”) its Annual Report on Form 20-F for the fiscal year ended December 31, 2020. The report is available on the SEC’s website, at www.sec.gov, and on Stone’s Investor Relations website, at https://investors.stone.co/. Shareholders can obtain copies of Stone’s Annual Report on Form 20-F, free of charge, by making a request within a reasonable period of time to Stone’s Investor Relations Department. About Stone Stone is a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels and help them grow their businesses. Contact: Investor Relationsinvestors@stone.co

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Identiv Announces Launch of Public Offering of Common Stock

FREMONT, Calif., April 07, 2021 (GLOBE NEWSWIRE) — Identiv, Inc. (Nasdaq: INVE) today announced that it intends to offer shares of its common stock for sale in an underwritten public offering. All of the shares in the offering are being offered by Identiv. In addition, Identiv expects to grant the underwriters a 30-day option to purchase up to an additional 15% of shares of its common stock on the same terms and conditions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. B. Riley Securities is acting as the sole book-running manager for the offering. Lake Street Capital Markets, LLC is acting as lead manager and Northland Capital Markets is acting as a co-manager for the offering. A shelf...

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Otonomy Announces Proposed Public Offering

SAN DIEGO, April 07, 2021 (GLOBE NEWSWIRE) — Otonomy, Inc. (Nasdaq: OTIC), a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology, today announced that it has commenced an underwritten public offering of its common stock. All shares of common stock to be sold in the offering will be offered by Otonomy. Otonomy may, in lieu of common stock, offer and sell to certain investors pre-funded warrants to purchase shares of its common stock in the underwritten public offering. In addition, Otonomy expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in this public offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the...

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Chinook Therapeutics Provides Business Update and Reports Fourth Quarter and Full Year 2020 Financial Results

SEATTLE, April 07, 2021 (GLOBE NEWSWIRE) — Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today provided a business update and reported financial results for the full year ended December 31, 2020. “We are executing well on our goal of building Chinook into a leading kidney disease company. 2020 was a very busy and productive year, as we in-licensed atrasentan from AbbVie, closed a $115 million financing, brought BION-1301 into our pipeline through the merger with Aduro, unveiled CHK-336, our first internally-developed program, and bolstered our precision medicine discovery and research efforts,” said Eric Dobmeier, president and chief executive officer of Chinook Therapeutics. “We are excited to have recently...

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Landec Corporation Reports Third Quarter and First Nine Months Fiscal 2021 Results

Lifecore Biomedical Generates Year-to-date Revenue Growth of 20%, Net Income Growth of 39%, and Adjusted EBITDA Growth of 34% Reiterates Fiscal 2021 Lifecore Biomedical Guidance Revises Curation Foods Fiscal 2021 Guidance to Reflect COVID-19 HeadwindsSANTA MARIA, Calif., April 07, 2021 (GLOBE NEWSWIRE) — Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Lifecore Biomedical, Inc. and Curation Foods, Inc., reported results for the fiscal 2021 third quarter and year-to-date period ended February 28, 2021. Looking forward, Landec’s strategy to create shareholder value is to deliver against its long-term targets, strengthen its balance sheet, drive top-line growth at Lifecore, and selectively invest in innovation and growth while implementing strategic priorities to improve...

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TopBuild Acquires Creative Conservation

Residential and Light Commercial Insulation$7.4 Million Annual Revenue DAYTONA BEACH, Fla., April 07, 2021 (GLOBE NEWSWIRE) — TopBuild Corp. (NYSE:BLD) a leading installer and distributor of insulation and building material products in the United States, has acquired Creative Conservation, a residential and light commercial company serving customers in Richmond, Charlottesville, Roanoke and Northern Virginia. Creative Conservation, which was been in business for 40 years, generated approximately $7.4 million in revenue for the twelve months ended December 31, 2020. Its mix of installation business is evenly divided between fiberglass and spray foam. Robert Buck, President and CEO of TopBuild, noted, “Creative Conservation is an excellent addition to TopBuild with strong customer relationships, an experienced installer base, and...

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