Month: May 2021

FOOTHILL RANCH, Calif., May 11, 2021 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (Nasdaq:KALU) announced today that it has priced $550.0 million aggregate principal amount of 4.50% senior notes due 2031 (the “notes”) in a private transaction that is exempt from the registration requirements of the Securities Act of 1933 (the “Act”), an increase of $50.0 million over its previously announced offering size. The notes will be guaranteed by each of Kaiser Aluminum’s existing and future domestic subsidiaries that is a borrower or guarantor under Kaiser Aluminum’s revolving credit facility. The consummation of the offering of the notes is expected to be completed on May 20, 2021, subject to customary closing conditions. Kaiser Aluminum intends to use the net proceeds from the offering of the notes to redeem all $350 million aggregate...

OMAHA, Neb., May 11, 2021 (GLOBE NEWSWIRE) — Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, announced that its Board of Directors (the “Board”) approved today the planned transition in board leadership. Clarence L. (CL) Werner, 83, who served as Chairman of the Board until his term ended at the 2021 Annual Meeting of Stockholders, was named Chairman Emeritus by the Board in recognition of his longstanding leadership as the Company’s founder. Derek J. Leathers, 51, was appointed by the Board to now serve as Chairman of the Board, along with his current roles as the Company’s President and Chief Executive Officer. Mr. Leathers has 30 years of experience in the transportation and logistics industry and more than 20 years of experience with Werner Enterprises in various executive positions throughout...

NEWPORT BEACH, Calif. and SALT LAKE CITY, May 11, 2021 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (NASDAQ: VERB) (“VERB” or the “Company”), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that it will host a conference call to discuss its financial results for the first quarter ended March 31, 2021 on Thursday, May 13, 2021 at 3:00 p.m. Eastern time (12:00 p.m. Pacific time). Financial results will be issued in a press release prior to the call. VERB CEO Rory J. Cutaia and CFO Jeff Clayborne will host the conference call, followed by a question-and-answer period. VERB Q1 2021 Earnings CallDate: Thursday, May 13, 2021Time: 3:00 p.m. Eastern time (12:00...

TYSONS, Va., May 11, 2021 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) announced today that certain of its subsidiaries, Park Intermediate Holdings LLC (the “Operating Company”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (together with the Operating Company and PK Domestic LLC, the “Issuers”), priced an offering of $750 million aggregate principal amount of 4.875% senior secured notes due 2029 (the “Notes”) at a price equal to 100% of face value. The Notes will pay interest semi-annually in arrears, at a rate of 4.875% per year, and will mature on May 15, 2029. The Notes will be guaranteed by Park and certain subsidiaries of the Operating Company that guarantee the Company’s senior credit facilities and existing senior secured notes due 2025 and 2028. The...

  ● Q1 Revenue of $9.8 Million is Company’s Highest as Combined Molecular Diagnostics and Pharma Services Business  ● Q2 Revenue Expected to Exceed $11 million  ● On Track to Exceed Full Year 2021 Revenue Growth of 35%  ● Moving Up Target For EBITDA Breakeven from Q4 2021 to Q3 2021PARSIPPANY, NJ, May 11, 2021 (GLOBE NEWSWIRE) — Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) today announced financial results for the fiscal quarter ended March 31, 2021 and provided a business and financial update. “We are very pleased with our first quarter operating results which are on track and in accordance with our growth, restructuring and reprioritization plan,” said President and CEO Thomas Burnell. “As we progress further into 2021, we expect to build on this momentum and will be focused on...

Revenue and expenses in column Q1 2021 on slide 10 in the Investor Presentation that was published earlier today, regarding the Company‘s Liner Services were misstated. The numbers have been corrected in the attached presentation. The numbers were correctly stated in the Interim Financial Statements that was published earlier today.FURTHER INFORMATION Edda Rut Björnsdóttir, Executive Vice President of Human Resources & Communication, tel.: +354 825 3399, email: investors@eimskip.com.AttachmentEimskip – Q1 2021 Financial Results – Investor Presentation – Updated slide 10

BASKING RIDGE, NJ, May 11, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Timber Pharmaceuticals, Inc. (“Timber” or the “Company”) (NYSE American: TMBR), a biopharmaceutical company focused on the development and commercialization of treatments for rare and orphan dermatologic diseases, today provided a business update and announced financial results for the first quarter ended March 31, 2021. John Koconis, Chairman and Chief Executive Officer of Timber, commented, “In the first quarter Timber continued to advance on all of its programs.In January, we announced that the Phase 2b CONTROL Study of Congenital Ichthyosis for our lead asset, TMB-001, had reached 50% enrollment. The Company anticipates topline data readout in the third quarter of 2021 for the TMB-001 study. The Phase 2b clinical trial evaluating TMB-002...