Day: May 6, 2021

Montauk Renewables, Inc. Signs Agreement to Sell RNG for European Market Use

Written by Customer Service on May 6, 2021. Posted in Mergers And Acquisitions.

PITTSBURGH, May 06, 2021 (GLOBE NEWSWIRE) — Montauk Renewables, Inc. (NASDAQ: MNTK) announced that it has signed an agreement to sell a portion of its Renewable Natural Gas (“RNG”) production as a feedstock to make fuel for the European market. Beginning July 2021, the Company will sell approximately 900,000 MMBtu annually of is production, currently monetized under an expiring domestic floor-price agreement, to Iogen RC Fuels, LP (“Iogen”) under a new 4.5 year fixed-price agreement to make vehicle fuel to serve the European market. Montauk’s ability to enter into this Agreement was due to being selected through an October 2020 RFP award for a portion of its RNG production based on then current pricing of RNG and attribute model trends at the time of bid. The award was contingent on registration of proposed production facilities...

Apollo Senior Floating Rate Fund Inc. Declares May 2021 Monthly Distribution of $0.080 Per Share

Written by Customer Service on May 6, 2021. Posted in Dividend Reports And Estimates.

NEW YORK, May 06, 2021 (GLOBE NEWSWIRE) — Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of May 2021 of $0.080 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: May 14, 2021Record Date: May 17, 2021Payment Date: May 28, 2021Per Share Amount: $0.080 Apollo Contact Information: Product Literature877-864-4834 InvestorsTaylor ReinhardtInvestor Relations DirectorApollo Global Management, Inc.917-472-4030treinhardt@apollo.com Forward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. These statements include,...

Microchip Technology Declares Quarterly Cash Dividend Increase to 41.3 Cents Per Share

Written by Customer Service on May 6, 2021. Posted in Dividend Reports And Estimates.

CHANDLER, Ariz., May 06, 2021 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of 41.3 cents per share. The dividend is payable on June 4, 2021 to stockholders of record on May 21, 2021. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 67 times since its inception. “Microchip’s financial performance in the March 2021 quarter was very strong driving significant cash generation and debt reduction,” said Steve Sanghi, Executive Chairman. “The Microchip Board of Directors initiated a path to higher dividends in our February 2021 dividend announcement as part...

Apollo Tactical Income Fund Inc. Declares May 2021 Monthly Distribution of $0.0785 Per Share

Written by Customer Service on May 6, 2021. Posted in Dividend Reports And Estimates.

NEW YORK, May 06, 2021 (GLOBE NEWSWIRE) — (NYSE: AIF) – Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of May 2021 of $0.0785 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: May 14, 2021Record Date: May 17, 2021Payment Date: May 28, 2021Per Share Amount: $0.0785 Apollo Contact Information: Product Literature877-864-4834 InvestorsTaylor ReinhardtInvestor Relations DirectorApollo Global Management, Inc.917-472-4030treinhardt@apollo.com Forward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. These...

Ipsidy Announces Results for First Quarter Ended March 31, 2021 Building Trusted Identity

Written by Customer Service on May 6, 2021. Posted in Public Companies.

LONG BEACH, N.Y., May 06, 2021 (GLOBE NEWSWIRE) — Ipsidy Inc. (www.ipsidy.com) [OTCQB:IDTY] a leading provider of an Identity as a Service (IDaaS) platform delivering a suite of secure, mobile, biometric identity verification solutions, today announced its results for the first quarter ended March 31, 2021. The identity solutions market is rapidly developing and increasing demand for verifying digital identity during remote onboarding and passwordless authentication solutions can be seen in our expanding pipeline and recent agreements highlighted below with multinational customers across a variety of industries and geographies. While remote access to a broad range of digital services and networks is not new, the COVID-19 pandemic has accelerated demand for verifying identity seamlessly during remote onboarding as well securing...

GX Acquisition Corp. II Announces Separate Trading of its Class A Common Stock and Warrants, Commencing May 10, 2021

Written by Customer Service on May 6, 2021. Posted in Public Companies.

New York, NY, May 06, 2021 (GLOBE NEWSWIRE) — GX Acquisition Corp. II (Nasdaq: GXIIU) (the “Company”) announced today that, commencing May 10, 2021, holders of the 30,000,000 units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock and warrants included in the units. The shares of Class A common stock and warrants that are separated will trade on The Nasdaq Capital Market (“Nasdaq”) under the symbols “GXII” and “GXIIW”, respectively. 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 Nasdaq under the symbol “GXIIU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order...

AMSC Extends New Energy Power Systems Product Offerings with the Acquisition of Neeltran, Inc.

Written by Customer Service on May 6, 2021. Posted in Mergers And Acquisitions.

Extends product offerings in industrial sector, potentially expanding content per sale by 2-3x. Increases total available market for AMSC new energy power system products to nearly $3B. Anticipated to generate positive operating cash flow and be accretive to earnings per share.AYER, Mass., May 06, 2021 (GLOBE NEWSWIRE) — AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy’s fleet, today announced that it has acquired Neeltran, Inc. (Neeltran), a private Connecticut-based company that supplies rectifiers and transformers to industrial customers. At closing, AMSC paid $4.5 million in cash and issued 301,556 restricted shares of AMSC common stock having a value of approximately...

Surgalign Adds Medical Device Prototyping and Manufacturing Facility in San Diego

Written by Customer Service on May 6, 2021. Posted in Mergers And Acquisitions.

World-Class Machine Shop Broadens and Deepens Capabilities in Spine and Digital Surgery DEERFIELD, Ill., May 06, 2021 (GLOBE NEWSWIRE) — Surgalign Spine Technologies, (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care through the evolution of digital surgery, today announced it has acquired the assets of a fully capable medical device machine shop as a complement to its Spine Innovation Center operations in greater San Diego. The current staff of the facility will join Surgalign as employees. This acquisition gives the company the ability to directly align its research and development operations with a state-of-the-art prototyping and manufacturing capability to accelerate and broaden new product development. “We strongly believe this acquisition will lead to shortened development times...

LMP Announces Closing of Hometown Subaru Acquisition

Written by Customer Service on May 6, 2021. Posted in Mergers And Acquisitions.

FORT LAUDERDALE, FL , May 06, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced the closing of its acquisition of Hometown Subaru. The Subaru franchise is located at 117 Midtown Avenue, Mt. Hope, West Virginia 25880. Hometown Subaru is a part of our Stage One acquisition agreements, of which to date we have consummated approximately 97% of the expected EBITDA contribution contracted in Stage One. In the coming weeks, we expect to close the one remaining contracted Stage One acquisition in West Virginia. We expect to close the two contracted acquisitions of Chrysler Jeep Dodge Ram dealerships in New York in the third quarter of this year. ABOUT LMP AUTOMOTIVE HOLDINGS, INC. LMP Automotive Holdings, Inc. (NASDAQ: LMPX)...

Translate Bio Announces First Quarter 2021 Financial Results and Provides Corporate Update

Written by Customer Service on May 6, 2021. Posted in Public Companies.

— Advanced infectious disease vaccine programs with Sanofi Pasteur through initiation of COVID-19 clinical trial and publication of preclinical results; Influenza trial anticipated to begin mid-year — — Reported interim data from Phase 1/2 clinical trial of MRT5005 for the treatment of cystic fibrosis (CF) — — Enhanced internal capabilities across pulmonary programs, manufacturing and financial operations with key leadership additions and promotions — LEXINGTON, Mass., May 06, 2021 (GLOBE NEWSWIRE) — Translate Bio (Nasdaq: TBIO), a clinical-stage messenger RNA (mRNA) therapeutics company developing a new class of potentially transformative medicines to treat or prevent debilitating or life-threatening diseases, today announced financial results for the first quarter ended March 31, 2021 and reviewed...

Day: May 6, 2021

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