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Day: June 29, 2021

IHT Declares 51st Consecutive Annual Dividend As Industry Recovers

Phoenix, AZ, June 29, 2021 (GLOBE NEWSWIRE) — On June 23 2021, the Board of Trustees of InnSuites Hospitality Trust (NYSE Am: IHT), announced a semi-annual dividend of $0.01 per share payable on July 30, 2021 to shareholders of record as of July 15, 2021, continuing an uninterrupted 51-year history of annual dividends. InnSuites Hotel operations continue to recover while the UniGen diversified efficient clean energy investment continues to progress. For more information, visit www.innsuitestrust.com and www.innsuites.com. Forward-Looking Statements With the exception of historical information, matters discussed in this news release may include “forward-looking statements” within the meaning of the federal securities laws. All statements regarding IHT’s review and exploration of potential strategic, operational and structural alternatives...

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Cerevel Therapeutics Announces Proposed Public Offering of Common Stock

CAMBRIDGE, Mass., June 29, 2021 (GLOBE NEWSWIRE) — Cerevel Therapeutics (Nasdaq: CERE), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, announced today that is has commenced an underwritten public offering of 14,000,000 shares of its common stock. In connection with this offering, Cerevel expects to grant the underwriters a 30-day option to purchase up to an additional 2,100,000 shares of common stock at the public offering price, less the underwriting discounts and commissions. The offering is subject to market and other conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. All shares to be sold in the proposed offering will be sold by Cerevel. J.P. Morgan Securities LLC, Goldman Sachs &...

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AVITA Medical Announces Inclusion in the Russell 3000 Index

VALENCIA, Calif. and MELBOURNE, Australia, June 29, 2021 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company that is developing and commercializing a technology platform that enables point-of-care autologous skin restoration for multiple unmet needs, today announced that as part of the annual reconstitution of the Russell stock indexes, AVITA Medical has been added to the Russell 3000® Index effective June 28, 2021. The annual Russell indexes reconstitution process captures the 4,000 largest US stocks in May of every year, ranking them by total market capitalization. AVITA Medical’s membership in the US all-cap Russell 3000® Index, which remains in place for one year, will result in automatic inclusion in the small-cap Russell 2000 Index, as well as the appropriate growth and value style...

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Two LPL Financial Advisors Among Nation’s Best Women Advisors

Susan Kaplan and Laila Pence Ranked in Top 15 of Barron’s list of ‘Top 100 Women Advisors’ CHARLOTTE, N.C., June 29, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA) today announced that two longtime LPL financial advisors, Susan Kaplan and Laila Pence, were once again named to Barron’s annual list of Top 100 Women Advisors. In a year that required advisors to maintain extreme patience and discipline to meet the demands of a rapidly shifting market, both advisors ranked in the Top 15 of the elite list. Kaplan, of Kaplan Financial Services, in Newton, Mass., ranked No. 10 on the 2021 list and Pence, of Pence Wealth Management in Newport Beach, Calif., ranked No. 14. See the full list of this year’s honorees here. “We are overjoyed to see Susan and Laila recognized for their successes once again,” said Angela Xavier, executive...

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Alpine Income Property Trust Announces Second Quarter 2021 Earnings Release and Conference Call Information

DAYTONA BEACH, Fla., June 29, 2021 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that it will report its financial and operating results for the second quarter 2021 after the market closes on Thursday, July 22, 2021. A conference call to discuss its financial and operating results is scheduled for Friday, July 23, 2021 at 9:00 AM ET (the “Earnings Call”). Shareholders and interested parties may access the Earnings Call via teleconference or webcast:Teleconference: USA (Toll Free) 1-888-317-6003  International 1-412-317-6061  Canada (Toll Free) 1-855-669-9657To access the conference call, enter 5254193 when prompted. Webcast:                https://services.choruscall.com/links/pine210723.html To participate via teleconference, please dial-in approximately 10 minutes...

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Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Preliminary Results of AIF Special Meeting; Adjournment of AFT Special Meeting

NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) — Apollo Credit Management, LLC (“Apollo”) announced today that at a Joint Special Meeting of stockholders on June 28, 2021 of Apollo Tactical Income Fund Inc. (NYSE: AIF) and Apollo Senior Floating Rate Fund (NYSE: AFT) (AIF and AFT together, the “Funds”), stockholders of AIF have approved the issuance of additional shares of AIF common stock in connection with the reorganization of AFT with and into AIF, with AIF continuing as the surviving Fund (the “Reorganization”). Stockholders of AIF also approved the amendment of AIF’s fundamental investment restriction with respect to making loans as described in the Joint Proxy Statement/Prospectus of AIF dated May 18, 2021 (the “Proxy Statement”). Apollo also announced today that the Joint Special Meeting with respect to AFT has been adjourned...

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Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Preliminary Results of AIF Special Meeting; Adjournment of AFT Special Meeting

NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) — Apollo Credit Management, LLC (“Apollo”) announced today that at a Joint Special Meeting of stockholders on June 28, 2021 of Apollo Tactical Income Fund Inc. (NYSE: AIF) and Apollo Senior Floating Rate Fund (NYSE: AFT) (AIF and AFT together, the “Funds”), stockholders of AIF have approved the issuance of additional shares of AIF common stock in connection with the reorganization of AFT with and into AIF, with AIF continuing as the surviving Fund (the “Reorganization”). Stockholders of AIF also approved the amendment of AIF’s fundamental investment restriction with respect to making loans as described in the Joint Proxy Statement/Prospectus of AIF dated May 18, 2021 (the “Proxy Statement”). Apollo also announced today that the Joint Special Meeting with respect to AFT has been adjourned...

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CoreCivic Completes Sale of Three Non-Core Assets For $326 Million

BRENTWOOD, Tenn., June 29, 2021 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it has consummated the sale of 100% of the membership interests of SSA Baltimore Holdings, LLC, a wholly-owned unrestricted subsidiary of the Company and the owner of the approximately 541,000 square-foot Social Security Administration office building in Baltimore, Maryland (“SSA-Baltimore”). Earlier in the second quarter of 2021, the Company completed the sale of two additional properties, its approximately 277,000 square-foot office property (“Capital Commerce Center”) and its approximately 217,000 square-foot warehouse property (“NARA Property”) in a single transaction. These three properties were sold for an aggregate sales price of $326.0 million. The Company had purchased all...

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ShotSpotter Takes Aim at Curbing Illegal Fourth of July Celebratory Gunfire With Six-Step Checklist

Best Practices for Cities and Communities on How to Proactively Address Celebratory Gunfire Threat NEWARK, Calif., June 29, 2021 (GLOBE NEWSWIRE) — ShotSpotter, Inc. (Nasdaq: SSTI), a leader in precision policing technology solutions that enable law enforcement to more effectively respond to, investigate and deter crime, today announced a six-step checklist of best practices to help prevent gunfire in cities across the country. Fourth of July is the second-busiest holiday of the year for celebratory gunfire following New Year’s Eve, presenting serious safety concerns. A bullet discharged from a gun, even into the sky, must land somewhere. When it does, the risk of injury or death is significant. ShotSpotter and its law enforcement partners have developed a checklist of best practices leveraging its gunfire detection and alert technology...

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Eagle Bulk Shipping Inc. Announces Secondary Public Offering of Common Stock

STAMFORD, Conn., June 29, 2021 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that certain funds and separate accounts managed by GoldenTree Asset Management LP (collectively, the “Selling Shareholders”) intend to offer an aggregate of 1,500,000 shares of the Company’s common stock in an underwritten secondary public offering. In connection with this offering, the Selling Shareholders expect to grant the underwriter a 30-day option to purchase up to 225,000 additional shares of the Company’s common stock. Before giving effect to this offering, funds affiliated with GoldenTree Asset Management LP beneficially own 3,040,707 shares of the Company’s common stock, or approximately 22.6%...

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