Month: June 2021

EDMONTON, Alberta, June 11, 2021 (GLOBE NEWSWIRE) — Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), a company that develops, and invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability, today announces the resignation of two directors, Paul Fairbridge and Debra Williams, effective immediately. Both Paul and Debra have been dedicated and helpful in their roles on the Board of Directors for the Company for many years prior to their decision to step away due to personal reasons.  Paul Fairbridge helped guide the Company through some very challenging years. Now that the Company is sufficiently financed and profitable, Paul is comfortable to leave his job as Chairman of Visionstate to pursue his objectives of retiring and travelling...

Old Bethpage, New York, June 11, 2021 (GLOBE NEWSWIRE) — Millennium Investment & Acquisition Co. Inc. (US-OTC: MILC) (“MILC” or the “Company”) today announced that it has agreed to invest in a newly formed cannabis operator – VinCann LLC (“VC”). As part of the transaction, MILC has agreed to invest $750,000. The investment will take the form of a preferred equity interest that receives a full return of invested capital plus a preferred return of 12.5% after which MILC has a 77.5% ownership stake. The remaining subordinated ownership will be held by the management team of VC. Concurrent with MILC’s investment, VC entered into a 20-year lease (the “Lease”) for a 9.35 acre plot of land with approximately 40,000 square feet of greenhouse, 3,000 square feet of office space, and 100,000 square feet of fully fenced outdoor...

Gig Harbor, Washington, June 11, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced the closing of its previously announced underwritten public offering (the “Offering”) of 1,200,000 shares of 8.0% Series A Cumulative Convertible Preferred Stock and 4,140,000 warrants to each purchase one share of Common Stock at an exercise price of $5.00, including 540,000 warrants as a result of a partial exercise of the over-allotment option granted to the underwriter. Harbor Custom Homes® received gross proceeds of $30.0 million from the Offering, prior to deducting underwriting discounts and estimated...

MIAMI, June 11, 2021 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, conducted a demonstration of the BolaWrap for the Miami Police Department followed by a second demonstration at Miami’s City Hall for the City Commissioners, Miami Mayor Francis Suarez and local media. At the City Hall demonstration, Mayor Suarez experienced the BolaWrap technology for himself when WRAP Master Instructors deployed the device at the Mayor, successfully double-wrapping his legs. “We want to be able to apprehend people and bring them to justice, and we want to do it in the most humane manner possible so that one ounce of unnecessary force isn’t used,” said Mayor Suarez. Footage of Mayor Suarez being wrapped can be viewed...

MONTREAL, June 11, 2021 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (Nasdaq:DTEA) today announced that its financial results for the first quarter of Fiscal 2021 will be released after markets close on June 15, 2021. The Company will host a webcast at 4:30 p.m. Eastern Time to discuss the financial results. Details of the webcast Via the internet at: www.davidstea.com, in the “investor relations” section. An online archive of the webcast will be available within two hours of the conclusion of the call and will remain available for 30 days. About DAVIDsTEADAVIDsTEA offers a specialty branded selection of high-quality proprietary loose-leaf teas, pre-packaged teas, tea sachets, tea-related accessories and gifts through its e-commerce platform at www.davidstea.com and the Amazon Marketplace, its wholesale customers which include...

PHOENIX, June 11, 2021 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCPK: RBAZ) (the “Company”), the holding company for Republic Bank of Arizona (the “Bank”), announced that it has completed a private placement of $6.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain institutional accredited investors. The Company will use the proceeds to fund continued organic growth and geographic expansion. The notes will initially bear a fixed interest rate of 5.00% per annum until June 15, 2026, after which time until maturity on June 15, 2031, or an earlier redemption date, the interest rate will reset quarterly to an annual floating rate equal to 90-day average SOFR plus 425 basis points. The Company may redeem the notes, in whole or in part, after June 15, 2026. Any redemption will be at a redemption...

ABC arbitrageReport of the Combined General Meeting of June 11, 2021Final dividend 2020Given the exceptional circumstances related to the Coronavirus (Covid-19)1, the Combined General Meeting was held today behind closed doors, without the physical presence of shareholders and chaired by Dominique Ceolin, Chairman and CEO. The Combined General Meeting of ABC arbitrage’s shareholders adopted all the resolutions proposed to it. Among the resolutions adopted, the Ordinary General Meeting, after approving the company and consolidated financial statements, decided to distribute a balance of €0.18 per ordinary share for fiscal year 2020. Taking into account the payments of €0.10 per share in October and December 2020, plus the interim dividend of €0.10 per share in April 2021, the distributions for fiscal year 2020 amount to €0.48 per...

COPENHAGEN, Denmark, June 11, 2021 – Bavarian Nordic A/S (OMX: BAVA) announced today that the Company was recently engaged by Public Health England (PHE) and the Medicines and Health Products Regulatory Agency (MHRA) to supply its IMVANEX® smallpox vaccine in response to new cases of monkeypox in the UK. Two related cases were confirmed and admitted to a hospital in Liverpool. One was most likely infected in Africa, where the family arrived from a few days before onset of disease, and a sibling case most likely infected on UK soil by the first case. Monkeypox is a rare, but serious disease, which is endemic in Central and West Africa. The disease is quite similar to human smallpox, although it is less severe with an estimated fatality rate of 1-10%. IMVANEX (MVA-BN) is approved by the European Commission for active immunization against...

CONSTI PLC STOCK EXCHANGE RELEASE 11 JUNE 2021, at 8.10 p.m. Profit warning: Consti Plc lowers its guidance for 2021 as a result of the arbitral tribunal’s award Consti Plc’s subsidiary Consti Korjausrakentaminen Oy has received an arbitral award from the arbitral tribunal in the dispute between Consti Korjausrakentaminen Oy and Kiinteistö Oy Yrjönkatu 13 which relates to the construction project for Hotel St. George carried out by Consti Korjausrakentaminen Oy between years 2015-2018. The arbitral tribunal ordered Kiinteistö Oy Yrjönkatu 13 to compensate Consti Korjausrakentaminen Oy approximately EUR 0.7 million added with penalty interest for the project work and Consti Korjausrakentaminen Oy to compensate Kiinteistö Oy Yrjönkatu 13 EUR 0.9 million added with penalty interest for delay and other compensations. Furthermore, the arbitral...

Iceland Seafood has concluded a private placement of 4 years unsecured bond in the new series ICESEA 25 06.  Total amount of the placement is ISK 3.400 million (approx. €23.1m) at a fixed rate of 5.65%.  The bond has semiannually interest payments, balance will be paid in one installment at 21.6.2025.   The bond is scheduled to be admitted to trading on Nasdaq Iceland in the coming weeks. Since the listing of Iceland Seafood’s shares on the Nasdaq main market in 2019, the company has actively used the capital market for supporting both organic and acquisitive growth.  The company has raised new capital both in the form of equity and debts.  Important step was taken with issuance of 6 months bills, which started in September 2019.  This bond issuance is another important step where the company has secured a long term unsecured funding...