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Day: May 13, 2021

Aritzia Announces $91 Million Secondary Offering of Subordinate Voting Shares

Brian Hill sells shares for estate planning, investment diversification and charitable giving purposes Remains Aritzia’s largest shareholder with approximately 20% equity interest NOT FOR DISTRIBUTION IN THE UNITED STATES VANCOUVER, British Columbia, May 13, 2021 (GLOBE NEWSWIRE) — Aritzia Inc. (“Aritzia” or the “Company“) (TSX: ATZ), a vertically integrated, innovative design house of exclusive fashion brands offering Everyday Luxury in its boutiques and online, today announced that certain entities owned and/or controlled, directly or indirectly, by Brian Hill, Founder, Chief Executive Officer and Chairman of Aritzia, or Brian Hill and his immediate family (collectively, the “Selling Shareholders”), have entered into an agreement with CIBC Capital Markets (the “Underwriter”), pursuant to which the Underwriter...

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StoneCastle Financial Corp. Reports First Quarter 2021 Results

DENVER, May 13, 2021 (GLOBE NEWSWIRE) — StoneCastle Financial Corp. (Nasdaq: BANX) (“StoneCastle Financial” or the “Company”), an investment company registered with the Securities and Exchange Commission (“SEC”), today announced results for the first fiscal quarter ended March 31, 2021. First Quarter 2021 Investment Highlights:Invested approximately $17.5 million in six investments Realized proceeds of $4.7 million from the maturity of one investment Realized proceeds from partial paydowns of $4.3 million from six investmentsSubsequent to the end of the quarter, the Company invested approximately $8.0 million in two investments and received partial paydowns of $2.6 million. The estimated annualized yield generated by the invested portfolio as of March 31, 2021(excluding cash and cash equivalents) was approximately 9.32%. First...

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NXP Semiconductors Names Andy Micallef as Executive Vice President, Global Operations

EINDHOVEN, The Netherlands, May 13, 2021 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) announced today that Andy Micallef has been named NXP’s Executive Vice President, Global Operations, effective May 17. In this role, Micallef will be responsible for executing NXP’s end-to-end manufacturing, quality, and supply chain strategies. Micallef, formerly Chief Operations Officer at Marvell Semiconductor, replaces David Reed, who has decided to retire from NXP. Micallef will report directly to NXP President and Chief Executive Officer Kurt Sievers. “We are excited to have Andy join our team,” said Kurt Sievers, NXP President and CEO. “He brings to NXP a track record of successful operations leadership and has the experience and expertise to help accelerate our journey to make execution a competitive advantage for NXP.” “I...

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Hill International to Present at Sidoti Microcap Virtual Conference

PHILADELPHIA, May 13, 2021 (GLOBE NEWSWIRE) — Hill International, Inc. (NYSE: HIL) (“Hill” or the “Company”), the global leader in managing construction risk, announced today that CEO Raouf Ghali and CFO Todd Weintraub will present at the Sidoti Microcap Virtual Investor Conference on Wednesday, May 19, 2021 at 9:15 am ET. Management will also be conducting 1×1 meetings with investors on May 19 and 20. The presentation will be webcast and available via the “Investor Relations” section of Hill’s website at www.hillintl.com. About Hill International Hill International, with more than 2,700 professionals in 69 offices worldwide, provides program management, project management, construction management, facilities management, and other consulting services to clients in a variety of market sectors. Engineering...

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Quipt Home Medical Commences Trading on Consolidated Basis

CINCINNATI, May 13, 2021 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“Quipt” or the “Company”) (TSXV:QIPT; OTCQX:PTQQD), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is pleased to announce that that further to its press release dated May 11, 2021, effective May 13, 2021, all of its issued and outstanding common shares (“Common Shares”) began trading on the TSX Venture Exchange (“TSXV“) on a post-consolidation basis and under its new name and new TSXV symbol (QIPT). On May 11, 2021, the Company announced that the Common Shares would be consolidated on the basis of one (1) post-consolidation Common Share for each four (4) pre-consolidation Common Shares (the “Share Consolidation”). The Share Consolidation represents another step towards the proposed listing of the...

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Precision Drilling Corporation Announces the Results of the 2021 Annual Meeting of Shareholders

CALGARY, Alberta, May 13, 2021 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce the results of the election of board members at its 2021 Annual Meeting of Shareholders held on May 13, 2021 (the “Annual Meeting”). Shareholders approved the election of all 8 (7 of whom are independent) of the nominee directors presented in the Company’s Management Information Circular, dated March 31, 2021. The shares represented at the Annual Meeting voting in favour of individual nominee directors are as follows:Nominee # Votes For % Votes For # Votes Withheld % Votes WithheldMichael R. Culbert 6,035,585 95.14 308,430 4.86William T. Donovan 6,007,465 94.70 336,549 5.30Brian J. Gibson 6,015,155 94.82 328,860 5.18Steven W. Krablin 5,466,944 86.17 877,071 13.83Susan M. MacKenzie 5,908,019 93.13 435,995 6.87Kevin...

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Align Technology Supports the United Kingdom’s General Dental Council (GDC) Statement on Direct-to-Consumer Orthodontics which Highlights Patient Safety Issues

Updated GDC Policy Statement Affirms Requirement and Importance of a Physical Examination for Orthodontic Treatment and for Patients to Know the Full Name of the Dental Professional Responsible for their Orthodontic Treatment BIRMINGHAM, United Kingdom and TEMPE, Ariz., May 13, 2021 (GLOBE NEWSWIRE) — Align Technology, Inc. (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign system of clear aligners, iTero intraoral scanners, and exocad CAD/CAM software for digital orthodontics and restorative dentistry, today announced its support for an updated policy statement issued by the General Dental Council (GDC), the UK-wide statutory regulator of general dentist practitioners and dental care professionals. In the updated statement [LINK: https://www.gdc-uk.org/news-blogs/news/detail/2021/05/13/statement-on-direct-to-consumer-orthodontics-and-supporting-information],...

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Patriot Returns to Profitability and Reports First Quarter 2021 Net Income of $854 thousand

STAMFORD, Conn., May 13, 2021 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced pre-tax income of $1.2 million and net income of $854 thousand, or $0.22 basic and diluted earnings per share for the quarter ended March 31, 2021, compared to a net loss of $1.1 million reported in the first quarter of 2020. Profitability in the first quarter was achieved as the Bank demonstrated improved net interest margins, core deposit growth, lower operating expenses, and a lower loan loss provision. In addition, during the quarter the Bank recognized a payroll tax credit of $843 thousand under the Employee Retention Credit program of the CARES Act. These factors were partially offset by a lower loan balance as loan payoffs...

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IDEX Biometrics to Present at the Needham Technology & Media Conference on May 18

Oslo, Norway – 13 May 2021 – IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, today announced that Vince Graziani, Chief Executive Officer, and James A. Simms, Chief Financial Officer, will present at the Needham 16th Annual Technology & Media Conference, which will be held as a virtual event. Management is scheduled to present on Tuesday, May 18, 2021 at 3:45 P.M. ET and will be available throughout the day to meet with investors participating at the conference. Portfolio managers and analysts who would like to request a meeting with management should contact their Needham representative (conferences@needhamco.com) or IDEX’s investor relations. A live and archived webcast of the presentation will be made available on the Events and Presentations page of IDEX’s Investor Relations...

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Del Taco Fires Up Florida Development with New Multi-Unit Franchise Deal and New Restaurant Growth

Leading QSR-Plus Concept Continues Penetration Across Florida and the SoutheastDel Taco Fresh FlexFresh Flex design prototypeLAKE FOREST, Calif., May 13, 2021 (GLOBE NEWSWIRE) — Del Taco (NASDAQ: TACO), the nation’s second largest Mexican quick-service restaurant chain*, announced continued growth plans in Florida as new multi-unit franchisees drive development across the region. In support of national growth efforts, Del Taco has signed a multi-unit development deal with FreshMex FL LLC—a well-established quick service operator equipped with more than 20 years of restaurant experience and 200-plus operating units across multiple brands. Broadening their portfolio with Del Taco, they are focused on growing the brand primarily in the Tampa metro market on Florida’s west coast. The news comes as Del Taco announced...

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