Day: June 9, 2021

Aclaris Announces Pricing of Public Offering of Common Stock

Written by Customer Service on June 9, 2021. Posted in Public Companies.

WAYNE, Pa., June 09, 2021 (GLOBE NEWSWIRE) — Aclaris Therapeutics, Inc. (Nasdaq:ACRS), a clinical-stage biopharmaceutical company focused on developing novel drug candidates for immuno-inflammatory diseases, today announced the pricing of its underwritten public offering of 7,042,254 shares of its common stock at a price to the public of $17.75 per share. In addition, Aclaris has granted to the underwriters a 30-day option to purchase up to 1,056,338 additional shares of common stock at the public offering price, less the underwriting discount. The gross proceeds from the offering to Aclaris are expected to be approximately $125.0 million, before deducting underwriting discounts and commissions and offering expenses, but excluding any exercise of the underwriters’ option. The offering is expected to close on or about June 14,...

1stdibs.com, Inc. Announces Pricing of Initial Public Offering

Written by Customer Service on June 9, 2021. Posted in Public Companies.

NEW YORK, June 09, 2021 (GLOBE NEWSWIRE) — 1stdibs.com, Inc. (1stDibs) announced today the pricing of its initial public offering of an aggregate of 5,750,000 shares of its common stock at a price to the public of $20.00 per share. The shares are expected to begin trading on The Nasdaq Global Market under the ticker symbol “DIBS” on June 10, 2021. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $115 million, excluding any exercise of the underwriters’ over-allotment option. The offering is expected to close on June 14, 2021, subject to customary closing conditions. In addition, 1stDibs has granted the underwriters a 30-day option to purchase up to 862,500 additional shares of common stock at the initial price to the public, less underwriting...

Amlan Invests in Growing Animal Protein Market in China With Technical Staff Additions and Logistics Expansion

Written by Customer Service on June 9, 2021. Posted in Public Companies.

Amlan Adds to Team in ChinaMichael Hua (top), Regional Technical Service Manager, and King Zhu (bottom), Technical Service Manager, Amlan International.CHICAGO, June 09, 2021 (GLOBE NEWSWIRE) — A growing market for animal protein in China is motivating poultry and pork producers to rapidly adopt natural technology advancements to meet growing demand while addressing increasing production challenges. Amlan International, a global leader in mineral-based feed additives that promote the optimal intestinal health of poultry and livestock and improve the economics of production, is helping producers meet those challenges with the addition of experienced technical professionals and the expansion of its logistics operations throughout the country. Amlan recently appointed eight sales, marketing and technical employees...

Mount Logan Capital Inc. Increases Ownership Stake in Sierra Crest Following Completion of HCAP Transaction

Written by Customer Service on June 9, 2021. Posted in Mergers And Acquisitions.

All amounts are stated in United States dollars, unless otherwise indicated. TORONTO, June 09, 2021 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan” or the “Company”) is pleased to announce that Portman Ridge Finance Corporation (“Portman Ridge”), which is managed by Sierra Crest Investment Management LLC (“Sierra Crest”), of which Mount Logan holds a minority stake in, announced today that it completed its previously announced merger with Harvest Capital Credit Corporation (formerly NASDAQ: HCAP) (“HCAP”). The combined company is externally managed by Sierra Crest and is expected to have total assets of approximately $614 million after closing. HCAP was a publicly-traded, U.S.-based, closed-end, externally managed business development company (“BDC”) within the meaning of the U.S. Investment Company Act of...

Bitfarms Provides Corporate Update

Written by Customer Service on June 9, 2021. Posted in Public Companies.

TORONTO, Ontario and BROSSARD, Québec, June 09, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (TSXV: BITF // OTC:BFARF), today provides a corporate update. Expansion of Mining Fleet Bitfarms is pleased to announce that it is scheduled to receive and deploy the previously announced 1,500 M31S+ order from MicroBT next week. These new miners are expected to increase the Company’s installed hashrate by 120 PH/s to a total of 1.54 EH/s, among the largest installed Bitcoin hashrates currently reported in North America by a public company. As with all the Company’s current mining infrastructure, the new miners will be powered with 100% hydroelectricity. Bitfarms is also scheduled to receive an identical order of 1,500 M31S+ from MicroBT in July that will increase our installed hashrate to approximately 1.66 EH/s....

AGent Information Software (AIFS) Publishes 2021 First Quarter Financials

Written by Customer Service on June 9, 2021. Posted in Earnings Releases And Operating Results.

RANCHO CUCAMONGA, Calif., June 09, 2021 (GLOBE NEWSWIRE) — AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released first quarter 2021 financials today. AIFS reported a net income of $120,398, a $40,000 increase from the same period in 2020. Continued growth of the recurring revenue base resulted in an increase from 2020 to $1,290,874. This growth is entirely in the company’s library division, as it has terminated their publishing business to focus on their library sector. AIFS reported EPS of $0.03 on weighted average shares outstanding of 4,484,577. Cash flow continued to be strong into the first quarter of 2021. The company is making investments in new/improved product features by hiring additional developers and programmers, with the intention of bolstering its market position. Auto-Graphics...

The North West Company Inc. Announces Voting Results of its Annual Meeting of Shareholders

Written by Customer Service on June 9, 2021. Posted in Public Companies.

WINNIPEG, Manitoba, June 09, 2021 (GLOBE NEWSWIRE) — The North West Company Inc. (TSX: NWC) (“North West”) today announced voting results for the election of directors at its annual general meeting of shareholders held today, June 9, 2021, via live audio webcast (the “Meeting”). Each of the nominees listed in the management information circular dated April 7, 2021 was elected as a director of North West at the Meeting. A total of 25,860,173 variable voting and common voting shares representing approximately 53% of all of North West’s issued and outstanding shares were voted in connection with the Meeting. Shareholders approved all items of business before the Meeting, including the election of directors as follows:Nominee Votes For % of VotesFor Votes Withheld % of VotesWithheldH. Sanford Riley 25,440,588 98.85% 297,003 1.15%Brock...

Statement on Diesel Emissions Investigation in France

Written by Customer Service on June 9, 2021. Posted in Public Companies.

Statement on Diesel Emissions Investigation in France Amsterdam, June 9, 2021 – As part of the judicial investigations of several automakers commenced in 2016 and 2017, Automobiles Peugeot S.A., a wholly owned subsidiary of Stellantis N.V., was placed today under examination by the Judicial Court of Paris on allegations of consumer fraud in connection with the sale of Euro 5 diesel vehicles in France between 2009 and 2015. As typical in a French criminal inquiry, Automobiles Peugeot S.A. will have to pay a bail of 10 million Euros (of which 8 million for the potential payment of damages and fines and 2 million to ensure the company’s representation in court), and will have to provide a bank guarantee of 30 million Euros for the potential compensation for losses. Automobiles Peugeot S.A. is also in the process of assessing...

North American Construction Group Ltd. Announces Strategic Acquisition of Australian Component Supplier

Written by Customer Service on June 9, 2021. Posted in Mergers And Acquisitions.

ACHESON, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced it has entered into a definitive agreement to acquire DGI Trading Pty Limited (“DGI”) for an estimated purchase price of $23.5 million. DGI, based in Kempsey, New South Wales, Australia, supplies production-critical components to the mining industry through business relationships and a complex logistical network. With partners in over ten key countries, DGI maintains a network of suppliers and partner facilities which enable the connectivity to be both agile and economical. DGI staff are well trained across all industry-standard equipment and possess unparalleled knowledge in this unique space. The acquisition is another strategic step in the Company’s efforts to both vertically...

Broadwind to Join Russell Microcap® Index

Written by Customer Service on June 9, 2021. Posted in Public Companies.

CICERO, Ill., June 09, 2021 (GLOBE NEWSWIRE) — Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, with an emphasis on serving clean energy markets, today announced that it is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Russell indexes are widely used by investment managers and institutional investors...

Day: June 9, 2021

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