GCM Grosvenor Added to Russell 2000 Index

Written by Customer Service on June 25, 2021. Posted in Public Companies.

CHICAGO, June 25, 2021 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, announced that it joined the Russell 2000® Index after the equity markets closed today as part of the 2021 Russell indexes reconstitution. The new index will be effective at the opening of U.S. equity markets on June 28, 2021. “Our inclusion in the Russell 2000® Index is the latest milestone in the firm’s 50-year history, following our successful transition to a public company last year,” said Michael Sacks, Chairman and Chief Executive Officer of GCM Grosvenor. “We look forward to continuing to deliver value to our clients and shareholders.” Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically...

ERES REIT Kick Starts 2021 Growth With Two Multi-Residential Acquisitions in the Netherlands for Combined €47MM

Written by Customer Service on June 25, 2021. Posted in Public Companies.

TORONTO, June 25, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has entered into purchase agreements to acquire two multi-residential properties in the Netherlands. The first property, located at the Velperweg, east of the city centre of Arnhem (the “Villa Property”), is comprised of 104 residential units, each with a corresponding parking space, as well as ancillary commercial space. The Villa Property, which is 100% owned and currently 98% leased at an occupied Average Monthly Rent (“AMR”) of €922, will be purchased for €28.5 million (approximately C$41.9 million) (excluding transaction costs and fees). Approximately 97% of the residential units are liberalized, of which the large majority are leased in the mid-market sector and provide potential...

PLUS Products Files Early Warning Report on Behalf of Director, Matt Schmidt

Written by Customer Service on June 25, 2021. Posted in Public Companies.

SAN MATEO, Calif., June 25, 2021 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”) has filed an Early Warning Report (the “Report”) as required by National Instrument 62-103 on behalf of Matt Schmidt regarding his holdings in the Company in connection with an acquisition of Class B Common Shares (“Class B Subordinate Voting Shares”) issued pursuant to Restricted Stock Units awarded to Mr. Schmidt (the “Issuance”). The Issuance was structured, in part, to preserve the Company’s status as a “foreign private issuer” under Rule 3b-4 of the Securities Exchange Act of 1934, as amended. Prior to the Issuance, Mr. Schmidt owned 15,100,000 Class B Subordinate Voting Shares, representing 100% of the issued and outstanding Class B Subordinate Voting Shares. Such shares are convertible on a 200 to...

CAPREIT Expands Presence in Strong London Ontario and Victoria B.C. Markets

Written by Customer Service on June 25, 2021. Posted in Public Companies.

TORONTO, June 25, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of seven apartment buildings aggregating 548 residential suites in London, Ontario (the “London Portfolio”), as well as a portfolio of six apartment buildings aggregating 335 residential suites in and near downtown Victoria, British Columbia (the “Victoria Portfolio”). CAPREIT paid approximately $214.5 million in the aggregate for the thirteen properties, funded by CAPREIT’s Acquisition and Operating Facility and the assumption of approximately $8.4 million in mortgages with a blended interest rate of 1.33%. The London Portfolio contains a mix of studios, one, two and three-bedroom suites. All the buildings are well-located, close to downtown...

AutoZone Announces Senior Vice President Promotions

Written by Customer Service on June 25, 2021. Posted in Public Companies.

MEMPHIS, Tenn., June 25, 2021 (GLOBE NEWSWIRE) — AutoZone, Inc. (NYSE: AZO), today announces two Senior Vice President promotions. Dennis Leriche, Vice President, Stores, has been promoted to Senior Vice President, Store Operations and Grant McGee, Vice President, Stores, has been promoted to Senior Vice President, Commercial. Dennis and Grant will join the Company’s Executive Committee and report to Preston Frazer, Executive Vice President, Store Operations, Commercial and Loss Prevention. “We are very excited to announce today’s promotions. Dennis and Grant are experienced leaders and veteran AutoZoners who have delivered exceptional results throughout their careers. Both are well-suited to continue driving accelerated sales growth and serving our customers for many years to come,” said Bill Rhodes, Chairman, President and Chief...

IR-Med, Inc. Announces the Appointment of Dr. Rom Eliaz as Chief Executive Officer

Written by Customer Service on June 25, 2021. Posted in Public Companies.

New York, NY, June 25, 2021 (GLOBE NEWSWIRE) — IR-Med, Inc. (OTCPINK: IRME) announced today the appointment of Dr. Rom Eliaz as Chief Executive Officer. Prior to his appointment as our CEO, Dr. Eliaz was Founder and Managing Director at Elrom Ventures, where he also served as a Managing Director at aMoon Fund. Previously, Dr. Eliaz was Head of Merck ventures’ Fund and Bio-Incubator in Israel where he co-founded several companies in the incubator, VP of Innovative Branded Products at Teva and CEO of NasVax a publicly traded company and Immcure Therapeutics. “We are pleased to have a seasoned life sciences and medical devices executive like Rom joining us as our CEO. His scientific and financial experience will be instrumental as we continue implementing our strategy to develop sensor based medical devices, developing point of care...

18th Consecutive Nasdaq Closing Cross Sets Record for Number of Shares Traded During 2021 Russell US Indexes Reconstitution

Written by Customer Service on June 25, 2021. Posted in Public Companies.

NEW YORK, June 25, 2021 (GLOBE NEWSWIRE) — Nasdaq (Symbol: NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used for the 18th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell U.S. Indexes, part of leading global index provider FTSE Russell, during their annual reconstitution. A record 2.37 billion shares representing $80,898,531,612 were executed in the Closing Cross in 1.97 seconds across Nasdaq-listed securities. This compares with 1.57 billion shares representing $56.7 billion executed in 1.46 seconds across Nasdaq-listed securities during Russell’s 33nd annual reconstitution in 2020. “Today’s record-breaking Nasdaq Closing Cross is a testament to our ongoing investments in our markets, ensuring they are the most robust and resilient in the world, and continue...

Hepion Pharmaceuticals Announces Adjournment of Annual Meeting

Written by Customer Service on June 25, 2021. Posted in Public Companies.

EDISON, N.J., June 25, 2021 (GLOBE NEWSWIRE) — Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA), a clinical stage biopharmaceutical company focused on the development of therapeutic drugs for the treatment of liver disease arising from non-alcoholic steatohepatitis (“NASH”), today announced that its 2021 Annual Meeting of Stockholders, scheduled for June 25, 2021, has been adjourned due to a lack of quorum. The adjourned meeting will be held at 9:00 a.m. Eastern Time on Friday, July 23, 2021. The record date for determining stockholders eligible to vote on the proposals at the Annual Meeting remains April 29, 2021. A stockholder may use one of the following simple methods to vote: Vote by Internet at www.proxyvote.com until 11:59 PM EDT on July 22, 2021 using the control number appearing on the proxy card. Vote by mail by...

First Advantage Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Written by Customer Service on June 25, 2021. Posted in Public Companies.

ATLANTA, June 25, 2021 (GLOBE NEWSWIRE) — First Advantage Corporation (“First Advantage”), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced the closing of its upsized initial public offering of 29,325,000 shares of its common stock at a price to the public of $15.00 per share, including the full exercise by the underwriters of their option to purchase up to 3,825,000 additional shares of common stock. Of the sold shares, 22,856,250 shares were sold by First Advantage, and 6,468,750 shares were sold by certain existing stockholders of First Advantage. The offering was upsized 20% from the number of offered shares at launch and priced at the top of the price range indicated at launch. First Advantage’s common stock is listed on the Nasdaq...

Ecolab’s Industrial Segment Announces Price Increase

Written by Customer Service on June 25, 2021. Posted in Public Companies.

ST. PAUL, Minn., June 25, 2021 (GLOBE NEWSWIRE) — Ecolab Inc., the global leader in water, hygiene and infection prevention solutions and services, has announced that its Industrial segment is implementing price increases for all Industrial segment divisions, effective immediately or as contracts permit. The need for these price increases is driven by the continued and significant escalation of energy and raw material costs, tightening availability of raw materials and rising packaging, transportation, personnel and utility costs. Pricing for most Industrial segment programs will increase between 9% and 15%. Price increases will vary by country and industry, driven by local cost increases. Darrell Brown, Ecolab executive vice president and president, Global Industrial, commented, “Our focus for customers is consistent – helping...

Day: June 25, 2021

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