Brilliant Acquisition Corporation: New SEC Guidance Relating to SPAC Warrants, Its Effect on the Company’s Periodic Filings and Compliance with Nasdaq Rules

Written by Customer Service on June 8, 2021. Posted in Public Companies.

New York, June 08, 2021 (GLOBE NEWSWIRE) — Brilliant Acquisition Corporation (the “Company”) announced today that, as the result of the U.S. Securities and Exchange Commission’s (“SEC’s”) recent guidance, released on April 12, 2021 relating to the accounting treatment of certain warrants issued in connection with special purpose acquisition company (“SPAC”) issuers, that the Company is conducting an analysis of the effect of the SEC’s guidance (if any) on the accounting treatment of its warrants. The Company’s conclusion as to the proper accounting treatment of its warrants (and corrective disclosures, if any) must be approved by its auditor, Marcum LLP (“Marcum”) before the Company can obtain Marcum’s consent to file its annual report on Form-10Q for the fiscal quarter ending March 31, 2021 (“Form-10Q”). The Company is currently...

MannKind Corporation at the Lytham Partners Summer 2021 Investor Conference

Written by Customer Service on June 8, 2021. Posted in Public Companies.

WESTLAKE VILLAGE, Calif., June 08, 2021 (GLOBE NEWSWIRE) — MannKind Corporation (Nasdaq: MNKD), a company focused on the development and commercialization of inhaled therapeutic products for patients with endocrine and orphan lung diseases, announced today that its Chief Executive Officer, Michael Castagna, PharmD, will present at the Lytham Partners Summer 2021 Investor Conference on Monday, June 14, 2021 at 11:45 AM (ET). Interested parties can access a link to the webcast from the Events & Presentations section of the Company’s website at http://www.mannkindcorp.com. The webcast replay will remain available for 14 days following the live presentation. About MannKind Corporation MannKind Corporation (Nasdaq: MNKD) focuses on the development and commercialization of inhaled therapeutic products for patients with endocrine...

ROHM’s New Support Site for Designers: Ensuring Functional Safety in Vehicles

Written by Customer Service on June 8, 2021. Posted in Public Companies.

ROHM has consolidated more than 1,000 products under the ComfySIL™ brand to support functional safety in automotive systems. Provided Materials List (table) Santa Clara, CA and Kyoto, Japan, June 08, 2021 (GLOBE NEWSWIRE) — ROHM Semiconductor today introduced a new website that consolidates 1,000 products under the ComfySIL™ brand to support functional safety in automotive systems. Improving the searchability of products and various documents contributes to greater work efficiency for electronic circuit and system designers in the automotive field. In recent years, following the acceleration of technical innovation represented by ADAS (Advanced Driver Assistance System) in the automotive sector, it has become necessary to consider functional safety to help prevent accidents. At the same time, in...

XPO Logistics Announces Two Senior Executive Appointments for Planned Spin-Off of GXO Logistics

Written by Customer Service on June 8, 2021. Posted in Public Companies.

Eduardo Pelleissone Named President, Americas and Asia Pacific Neil Shelton Named Chief Strategy Officer GREENWICH, Conn., June 08, 2021 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (NYSE: XPO) today announced two more appointments to the executive team of GXO Logistics, the intended spin-off of XPO’s logistics business. Eduardo Pelleissone has been named president of GXO’s operations in the Americas and Asia Pacific, and Neil Shelton has been named chief strategy officer. The positions become effective upon the completion of the spin-off, which is expected to occur in the third quarter of this year. Eduardo Pelleissone has more than 20 years of experience leading multinational operations in the food, logistics and transportation industries. He joined XPO in 2020 as chief transformation officer, after previously serving as executive...

CVR Partners Announces Pricing of $550 Million Private Placement of 6.125% Senior Secured Notes Due 2028

Written by Customer Service on June 8, 2021. Posted in Public Companies.

SUGAR LAND, Texas, June 08, 2021 (GLOBE NEWSWIRE) — CVR Partners, LP (“CVR Partners”) (NYSE: UAN) announced today the pricing of the private placement (the “Offering”) by CVR Partners and its wholly owned subsidiary, CVR Nitrogen Finance Corporation (together with CVR Partners, the “Issuers”) under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), of $550 million in aggregate principal amount of 6.125% senior secured notes due 2028 (the “Notes”). The Notes mature on June 15, 2028, and will be issued at par. The Offering is expected to close on June 23, 2021. CVR Partners intends to use the proceeds of the Offering to fund the previously announced partial redemption of the Issuers’ outstanding 9.250% Senior Secured Notes due 2023 (the “2023 Notes”). The securities to be sold in the Offering...

Global Ship Lease Announces Agreement to Acquire 12 Containerships

Written by Customer Service on June 8, 2021. Posted in Public Companies.

Vessels averaging 3,000 TEU chartered to leading liner operators with significant near-term upside potential in strong charter market LONDON, June 08, 2021 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “Global Ship Lease”) announced today that it has agreed to purchase 12 containerships from Borealis Finance LLC with an average size of approximately 3,000 TEU and a weighted average age of 11 years for an aggregate purchase price of $233.9 million. The ships are all on charter with leading liner operators, with remaining charter durations of three to 25 months. With these additions, the Company’s fleet will comprise 62 containerships with a total capacity of 322,770 TEU, making Global Ship Lease the eighth largest non-operating owner of containerships by TEU capacity. The 12 vessels are scheduled for delivery...

Allena Pharmaceuticals Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Written by Customer Service on June 8, 2021. Posted in Public Companies.

NEWTON, Mass., June 08, 2021 (GLOBE NEWSWIRE) — Allena Pharmaceuticals, Inc. (NASDAQ:ALNA), a late-stage biopharmaceutical company dedicated to discovering, developing and commercializing first-in-class oral enzyme therapeutics to treat patients with rare and severe metabolic and kidney disorders, today announced the granting of an inducement award to a new employee. In accordance with NASDAQ Listing Rule 5635(c)(4), the award was made as a material inducement to the employee’s entry into employment with the Company. In connection with the commencement of employment, the employee received stock options on June 7, 2021, to purchase an aggregate 55,000 shares of Allena common stock. The stock options were granted pursuant to Allena’s 2021 Inducement Plan and have an exercise price of $1.20 per share, the closing trading price on...

inTEST to Participate in the 13th Annual Virtual CEO Investor Summit 2021

Written by Customer Service on June 8, 2021. Posted in Public Companies.

MT. LAUREL, N.J. , June 08, 2021 (GLOBE NEWSWIRE) — inTEST Corporation (NYSE American: INTT), a global supplier of innovative test and process solutions for use in manufacturing and testing across a wide range of markets, including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications, today announced that the Company is scheduled to participate in the 13th Annual Virtual CEO Summit, taking place June 15, 2021. The presentation materials utilized during the conference will be available on the Investor Relations section of inTEST’s website at www.intest.com. 13th Annual Virtual CEO Investor Summit / June 15, 2021inTEST management will meet with investors in group meetings during the Summit. The CEO Summit is hosted by executive management from participating companies and will feature a virtual...

Medolife Rx Provides Comment on Business in Lieu of Webcast Scheduled for June 8, 2021

Written by Customer Service on June 8, 2021. Posted in Public Companies.

BURBANK, Calif., June 08, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Medolife Rx, Inc. (“Medolife”), a global integrated bioceutical company with R&D, manufacturing, and consumer product distribution, which is a majority owned subsidiary of Quanta, Inc. (OTC PINK: QNTA), today released the following statement from management regarding the business in lieu of its previously scheduled webcast on June 8, 2021. “I would like to thank all of our valued shareholders for their interest in our company and continued excitement for where we are headed. After reviewing the submitted questions and as we just held our Q1 2021 call, we realized that there were, really, just a few items that shareholders would like addressed. As such, we have decided to address them in written form to reach a larger audience. First, I would...

Apollo Launches Apollo HBCUNet, a Career Portal Dedicated to Increasing Opportunity and Access for HBCU Students and Alumni

Written by Customer Service on June 8, 2021. Posted in Public Companies.

New platform powered by CareerBuilder aims to strengthen pathways and diversify talent pipeline across the Apollo Network NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (“Apollo”) today announced the launch of Apollo HBCUNet, a new platform powered by CareerBuilder that aims to connect students and alumni from Historically Black Colleges and Universities (HBCUs) with career opportunities at Apollo and across its private equity funds’ portfolio companies. Apollo’s Head of Leadership Development and Diversity Jonathan Simon said, “At Apollo, we are focused on championing opportunity in our workplace, throughout our marketplace and in our communities. Historically Black Colleges and Universities have diverse student bodies and educate many of our country’s most promising young professionals....

Day: June 8, 2021

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