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Day: May 25, 2021

Aveanna Healthcare Holdings Announces First-Quarter 2021 Financial Results

Revenue Increased 17.4% to $417.2 Million Gross Margin Increased 22.4% to $131.7 Million Net Income of $5.8 Million, or $0.04 per Diluted Share Adjusted Net Income per Diluted Share of $0.08 Adjusted EBITDA Increased 46.7% to $43.7 Million ATLANTA, May 25, 2021 (GLOBE NEWSWIRE) — Aveanna Healthcare Holdings, Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced financial results for the first quarter ended April 3, 2021. Tony Strange, Chief Executive Officer commented “We are excited to share our first quarter results following our recent initial public offering. We are very proud of the results that we delivered for the quarter and remain optimistic about our ability to continue to perform. With a strong balance sheet and positive...

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GTT: Combined General Meeting of GTT on May 27, 2021 – Officers of the Combined General Meeting of Shareholders in closed session

Combined General Meeting of GTT on May 27, 2021 Officers of the Combined General Meeting of Shareholders in closed sessionIn the context of the Covid-19 pandemic, the Combined General Meeting convened on May 27, 2021, at 3:00 p.m. will be held in closed session at the company’s registered office. In accordance with the provisions of article 8 of decree n°2020-418 of April 10, 2020, extended and modified by decrees n°2020-1614 of December 18, 2020 and n°2021-255 of March 9, 2021, the Chairman and Chief Executive Officer of GTT, upon delegation of the Board of Directors, has appointed as scrutineers, the company Engie (represented by Mr. Pierre Guiollot) and Mr. Benoît Mignard, shareholders of the Company having agreed to perform these duties. The general meeting will be chaired by Mr. Philippe Berterottière, in his capacity as...

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P3 Health Partners to Become Publicly Traded via Merger with Foresight Acquisition Corp.

– Transaction to Publicly List P3 Health Partners, a Patient-Centered and Physician-Led Population Health Management Company Delivering Value-Based Care – – Estimated Post-Transaction Enterprise Value of $2.3 Billion With Over $180 Million in Cash to Fund Growth – – Transaction Includes an Over $200 Million Fully Committed Common Stock Private Investment at $10 Per Share Including Participation From Funds and Accounts Managed by Fidelity Management & Research Company LLC and Janus Henderson Investors – NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) —  P3 Health Partners (“P3”) and Foresight Acquisition Corp. (NASDAQ: FORE) (“Foresight”) have entered into a definitive agreement which would result in P3 becoming a publicly listed company. Upon closing of the transaction, the combined entity will...

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Zscaler to Acquire Smokescreen to Enhance Zscaler Zero Trust Exchange with Advanced Active Defense Capabilities

Zscaler to be Industry’s First Security Vendor to Integrate Active Defense into a Zero Trust Architecture SAN JOSE, Calif., May 25, 2021 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that it has entered into a definitive agreement to acquire Smokescreen Technologies, a leader in active defense and deception technology. Smokescreen’s cutting edge capabilities will be integrated into the Zscaler Zero Trust Exchange™, further building upon Zscaler’s ability to precisely detect the most sophisticated, highly targeted attacks, ransomware, and lateral movement attempts. Additionally, Smokescreen will help provide rich threat intelligence and telemetry for the Zscaler team to proactively hunt for emerging adversary tactics and techniques. The transaction is subject to standard closing...

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Ponce Bank Mutual Holding Company and PDL Community Bancorp Announce Adoption of a Plan of Conversion and Reorganization, Related Second-Step Stock Offering and Funding of the Ponce De Leon Foundation

BRONX, N.Y., May 25, 2021 (GLOBE NEWSWIRE) — Ponce Bank Mutual Holding Company and PDL Community Bancorp (NASDAQ: PDLB), the holding company for Ponce Bank and Mortgage World Bankers, Inc., announced today that their Boards of Directors have unanimously adopted a Plan of Conversion and Reorganization pursuant to which Ponce Bank Mutual Holding Company and PDL Community Bancorp will reorganize into a new stock holding company and will conduct a second-step stock offering of new shares of common stock. As a result of the proposed “second step” conversion transaction, the current mutual holding ‎company structure of Ponce Bank Mutual Holding Company, PDL Community Bancorp, Ponce Bank and Mortgage World Bankers, Inc. will convert to the fully-‎converted stock holding company structure. A new stock holding company for Ponce Bank and...

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CarGurus to Present at William Blair’s 41st Annual Growth Stock Conference

CAMBRIDGE, Mass., May 25, 2021 (GLOBE NEWSWIRE) — CarGurus, Inc. (Nasdaq: CARG), a leading global online automotive marketplace, announced that Jason Trevisan, Chief Executive Officer and Scot Fredo, Chief Financial Officer, are scheduled to virtually present at William Blair’s 41st Annual Growth Stock Conference on Thursday, June 3rd at 2:20 PM ET. A live webcast of the presentation will be accessible from the Investor Relations pages of the company’s website at https://investors.cargurus.com, and an archive of the presentation will be available for 30 days following the event. About CarGurus: CarGurus (Nasdaq: CARG) is a leading global, online automotive marketplace connecting buyers and sellers of new and used cars. The Company uses proprietary technology, search algorithms and data analytics to bring trust and transparency...

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Vor Biopharma to Present at Jefferies and Goldman Sachs Investor Conferences

CAMBRIDGE, Mass., May 25, 2021 (GLOBE NEWSWIRE) — Vor Biopharma (Nasdaq: VOR or the Company), a cell therapy company pioneering engineered hematopoietic stem cell (eHSC) therapies combined with targeted therapies for the treatment of cancer, today announced that the Robert Ang, MBBS, MBA, Vor’s President and Chief Executive Officer, and Nathan Jorgensen, Ph.D., Vor’s Chief Financial Officer, are scheduled to present at the following conferences: Jefferies Virtual Healthcare ConferenceDate: Tuesday, June 1, 2021Time: 4:00 PM ET Goldman Sachs 42nd Annual Global Healthcare Conference Date: Wednesday, June 9, 2021Time: 9:40 AM ET A live webcast of the presentations can be accessed via the Investors section of the Company’s website at www.vorbio.com. An archived replay will also be available on the Company’s website following...

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NewAge CEO Brent Willis to Present at Jefferies Virtual Social Selling Summit

DENVER, May 25, 2021 (GLOBE NEWSWIRE) — NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy products company intending to become the world’s leading social selling and distribution company, today announced that its Chief Executive Officer, Brent Willis, will be presenting at the Jefferies Social Selling Summit on May 26, 2021. Chief Executive Officer Brent Willis is scheduled to present in an exclusive one-on-one fireside chat together with Stephanie Wissink, Senior Consumer Research Analyst at Jefferies, to discuss the evolution of social selling. NewAge is also scheduled to participate in one-on-one meetings and small group meetings to share information on the Company’s strategy and growth initiatives. This fireside chat will be available for viewing on the NewAge investor relations website following the event. The Company...

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TILT Holdings Reports Record First Quarter 2021 Financial Results

Record Q1 Revenue of $46.8 Million up 15% YoY and 11% QoQ Record Adjusted EBITDA of $6.2 Million up 28% YoY and 36% QoQ Reiterates 2021 Guidance of Revenue Between $205 – $210 Million and Adjusted EBITDA Between $30 -$32 Million PHOENIX, May 25, 2021 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, reported its financial and operating results for the three-months ended March 31, 2021. All financial information is provided in U.S. dollars unless otherwise indicated. “Our first quarter results reflect another period of strong execution as we continue to build an integrated B2B cannabis company that partners with leading...

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Portman Ridge Finance Corporation and Harvest Capital Credit Corporation Announce Election Deadline for HCAP Stockholders to Elect Form of Consideration

NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) — Harvest Capital Credit Corporation (NASDAQ: HCAP) (“HCAP”) and Portman Ridge Finance Corporation (NASDAQ: PTMN) (“PTMN”) today announced that the deadline (the “Election Deadline”) for HCAP’s stockholders of record to elect to receive cash consideration in lieu of shares of PTMN common stock in connection with the pending merger of PTMN and HCAP (the “Merger”) is 5:00 p.m., Eastern Time, on June 2, 2021.  The Election Deadline is based on PTMN’s and HCAP’s expectation that HCAP’s special meeting of stockholders to approve matters relating to the Merger will be held as scheduled on June 7, 2021. The terms of the proposed Merger are set forth in the Agreement and Plan of Merger (the “Merger Agreement”), dated as of December 23, 2020, by and among PTMN, Rye Acquisition Sub Inc., a direct wholly-owned...

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