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Month: May 2021

Park Hotels & Resorts Inc. Announces Senior Secured Notes Offering

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”), intend to offer $650 million aggregate principal amount of senior secured notes due 2029 (the “Notes”). 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 Issuers intend to use the proceeds of the offering to repay a portion of the amounts outstanding under the Company’s revolving credit facility and to repay a portion...

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Logiq Announces Initial Public Offering of Units in Canada

NEW YORK, May 11, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (“Logiq” or the “Company”) (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, has filed an amended and restated preliminary prospectus (the “Preliminary Prospectus”) for a proposed initial public offering (the “Offering”) of units of the Company (the “Units”) in Canada.  Each Unit will consist of one share of common stock of the Company (a “Unit Share”) and one purchase warrant of the Company (each, a “Warrant”). Each Warrant is exercisable to acquire one share of common stock of the Company (a “Warrant Share”). The number of Units to be sold, the offering price of the Units and the terms of the Warrants (including the exercise price and expiry term) will be determined in the context of the market. The Offering is being conducted by Research Capital...

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Resonant to Present at 16th Annual Needham Virtual Technology & Media Conference on May 19th

AUSTIN, Texas, May 11, 2021 (GLOBE NEWSWIRE) — Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF) filter solutions developed on a robust intellectual property platform, designed to connect People and Things, today announced that management will present at the 16th Annual Needham Virtual Technology & Media Conference taking place May 17-20, 2021. George B. Holmes, Chairman and Chief Executive Officer of Resonant, is scheduled to hold one-on-one meetings with investors and host a virtual presentation. Resonant Corporate PresentationDate: Wednesday, May 19, 2021Time: 10:15 a.m. Eastern time (7:15 a.m. Pacific time)Webcast: https://wsw.com/webcast/needham108/resn/2267656 A live audio webcast and archive of the Company’s virtual presentation will be available using the webcast link above. To schedule a one-on-one...

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Illimity Ends the First Quarter of 2021 With a Net Profit of 12.6 Million Euro (+180% Over 1Q20, +86% Over 4Q20)

Net customer loans and investments up 34% year on year to over 2.2 billion euro, with SME component on the rise The result confirms the significant growth trajectory expected in profit for the year 2021 22 June 2021: presentation of the new 2021-25 STRATEGIC PLANAssets at 4.3 billion euro (3 billion euro at 1Q20) with net customer loans and investments exceeding 2.2 billion euro (+34% y/y) SME Division: net loans to customers at 869 million euro at the end of March 2021 (+56% y/y) with all business units making a positive contribution DCIS Division: stock of loans and investments rising by 28% year on year to 1.3 billion euro at the end of March 2021 Direct Bank Division: illimitybank.com’s direct customer funding at 1.2 billion euro (+42% y/y). HYPE customers increased to 1.4 million (+26% y/y) Liquidity of 1 billion euro and a robust...

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mPhase Technologies Inc. Announces $3 Million Financing

– Funds Expected to Accelerate the Company’s Near-Term Growth Initiatives – Gaithersburg, MD, May 11, 2021 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTC: XDSL) (“mPhase” or the “Company”), a leading technology driven development company that creates and commercializes solutions that impact everyday people, today announced it has entered into a Securities Purchase Agreement with two accredited investors raising over $3 million for the company. Per the terms of the agreement, the capital was raised via a convertible promissory note with a fixed conversion price of $0.20 per share with two new accredited investors. The note matures on May 5, 2022 and bears interest at the rate of 5% per annum. Full terms of the note are available in the Company’s Form 8-K dated May 11, 2021 as filed with the SEC. Anshu Bhatnagar, Chief...

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Akouos Presents Nonclinical Data Supporting Future Clinical Development of AK-OTOF and AK-antiVEGF at the American Society of Gene and Cell Therapy 24th Annual Meeting

– Intracochlear delivery of a dual AAVAnc80 vector encoding human otoferlin results in full-length protein expression in inner hair cells of non-human primates and in durable protein expression sufficient for sustained restoration of auditory function in Otof knockout mice – Multiple analyses demonstrate in vitro transduction with dual AK-OTOF vector results in full-length otoferlin expression, with no detection of truncated proteins – Long-term, local expression of anti-VEGF protein is robust and well tolerated following intracochlear administration of AK-antiVEGF in non-human primates – Akouos continues to progress towards planned IND submissions for AK-OTOF in the first half of 2022 and for AK-antiVEGF in 2022 BOSTON, May 11, 2021 (GLOBE NEWSWIRE) — Akouos, Inc. (NASDAQ: AKUS), a precision genetic medicine...

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Volaris Group, through its AssetWorks Risk Management business, has acquired the assets of CSA Consulting

PITTSBURGH, May 11, 2021 (GLOBE NEWSWIRE) — Volaris Group Inc., through AssetWorks Risk Management Inc., has acquired the assets of Idaho State Billing Services, Inc., which operates under the brand CSA Consulting. CSA Consulting provides consulting, administrative services, and web-based software solutions to Idaho Schools in the areas of Medicaid billing and integrated IEP software for special education. “I am excited to expand our reach into the special education market and look forward to working with the CSA Consulting team to deliver our special education suite of products to their existing customers and offering a more complete solution to new State markets,” said Chris Gutierrez, Business Unit General Manager, AssetWorks Risk Management Inc. CSA Consulting has been involved in the community, sponsoring many...

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Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the Fourth Fiscal Quarter and Declaration of Distributions on Common Stock for the Months Ending July 31, August 31, and September 30, 2021

GREENWICH, Conn., May 11, 2021 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (“Oxford Lane,” the “Company,” “we,” “us” or “our”) announced today the following financial results and related information: On April 29, 2021, our Board of Directors declared the following distributions on our common stock:Month Ending Record Date Payment Date Amount Per ShareJuly 31, 2021 July 16, 2021 July 30, 2021 $0.0675August 31, 2021 August 17, 2021 August 31, 2021 $0.0675September 30, 2021 September 16, 2021 September 30, 2021 $0.0675Net asset value (“NAV”) per share as of March 31, 2021 stood at $5.94, compared with a NAV per share on December 31, 2020 of $5.44.Net investment income (“NII”), calculated in accordance with generally accepted accounting principles...

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Middlefield Banc Corp. Announces 2021 Second Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, May 11, 2021 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.16 per common share payable on June 15, 2021, to shareholders of record on June 4, 2021. Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021. The bank operates 16 full-service banking centers and an LPL Financial® brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio.   Additional information is available at www.middlefieldbank.bank This press...

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Jyske Realkredit’s auction for July 1st 2021 refinancing

To Nasdaq Copenhagen A/S                                11th of May 2021                                        Announcement no. 48/2021 Jyske Realkredit’s auction for July 1st 2021 refinancing Jyske Realkredit plans to carry out the auction on Friday 28th of May 2021 for loans in Cover pool E.The refinancing amount and bond to be offered are specified in the table below:  Open Close Allocation Nave ISIN Amount mill. LCRFriday 28th of May 10:00 10.30 10:35 422.E.OA Cibor3 07/2025 DK0009405938 5.400 1B  11:00 11:30 11:35 422.E.OA Cibor3 07/2025 – Green bond DK0009405425 1.700 –Auction terms appear in the appendix. Questions regarding the bond sale as well as technical matters may be addressed to Jyske Realkredit, Anders Lund Hansen, Head of Mortgage ALM, tel. (+45) 89 89 92 20 or Christian Bech-Ravn, Head of Investor Relations,...

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